the wells centre limited
the wells centre limited Company Information
Company Number
12885960
Next Accounts
Mar 2025
Shareholders
purelake investments limited
cobalt limited
Group Structure
View All
Industry
Other business support service activities n.e.c.
Registered Address
7 plaistow lane, bromley, kent, BR1 4DS
Website
thewellcentre.orgthe wells centre limited Estimated Valuation
Pomanda estimates the enterprise value of THE WELLS CENTRE LIMITED at £184k based on a Turnover of £338.3k and 0.54x industry multiple (adjusted for size and gross margin).
the wells centre limited Estimated Valuation
Pomanda estimates the enterprise value of THE WELLS CENTRE LIMITED at £4m based on an EBITDA of £996.9k and a 3.98x industry multiple (adjusted for size and gross margin).
the wells centre limited Estimated Valuation
Pomanda estimates the enterprise value of THE WELLS CENTRE LIMITED at £14.5m based on Net Assets of £6.8m and 2.13x industry multiple (adjusted for liquidity).
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The Wells Centre Limited Overview
The Wells Centre Limited is a live company located in kent, BR1 4DS with a Companies House number of 12885960. It operates in the other business support service activities n.e.c. sector, SIC Code 82990. Founded in September 2020, it's largest shareholder is purelake investments limited with a 74.3% stake. The Wells Centre Limited is a young, micro sized company, Pomanda has estimated its turnover at £338.3k with healthy growth in recent years.
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The Wells Centre Limited Health Check
Pomanda's financial health check has awarded The Wells Centre Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 6 areas for improvement. Company Health Check FAQs
3 Strong
2 Regular
6 Weak
Size
annual sales of £338.3k, make it smaller than the average company (£3.7m)
- The Wells Centre Limited
£3.7m - Industry AVG
Growth
3 year (CAGR) sales growth of 10%, show it is growing at a faster rate (4.7%)
- The Wells Centre Limited
4.7% - Industry AVG
Production
with a gross margin of 37.9%, this company has a comparable cost of product (37.9%)
- The Wells Centre Limited
37.9% - Industry AVG
Profitability
an operating margin of 294.7% make it more profitable than the average company (6.2%)
- The Wells Centre Limited
6.2% - Industry AVG
Employees
with 6 employees, this is below the industry average (24)
6 - The Wells Centre Limited
24 - Industry AVG
Pay Structure
on an average salary of £48.3k, the company has an equivalent pay structure (£48.3k)
- The Wells Centre Limited
£48.3k - Industry AVG
Efficiency
resulting in sales per employee of £56.4k, this is less efficient (£154.2k)
- The Wells Centre Limited
£154.2k - Industry AVG
Debtor Days
it gets paid by customers after 7 days, this is earlier than average (41 days)
- The Wells Centre Limited
41 days - Industry AVG
Creditor Days
its suppliers are paid after 23 days, this is quicker than average (33 days)
- The Wells Centre Limited
33 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- The Wells Centre Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 5 weeks, this is less cash available to meet short term requirements (24 weeks)
5 weeks - The Wells Centre Limited
24 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 74.6%, this is a higher level of debt than the average (61.7%)
74.6% - The Wells Centre Limited
61.7% - Industry AVG
THE WELLS CENTRE LIMITED financials
The Wells Centre Limited's latest turnover from June 2023 is estimated at £338.3 thousand and the company has net assets of £6.8 million. According to their latest financial statements, The Wells Centre Limited has 6 employees and maintains cash reserves of £307.3 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jun 2023 | Dec 2021 | Dec 2020 | |
|---|---|---|---|
| Turnover | |||
| Other Income Or Grants | |||
| Cost Of Sales | |||
| Gross Profit | |||
| Admin Expenses | |||
| Operating Profit | |||
| Interest Payable | |||
| Interest Receivable | |||
| Pre-Tax Profit | |||
| Tax | |||
| Profit After Tax | |||
| Dividends Paid | |||
| Retained Profit | |||
| Employee Costs | |||
| Number Of Employees | 6 | 6 | 4 |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jun 2023 | Dec 2021 | Dec 2020 | |
|---|---|---|---|
| Tangible Assets | |||
| Intangible Assets | |||
| Investments & Other | 26,233,064 | 26,135,707 | |
| Debtors (Due After 1 year) | |||
| Total Fixed Assets | 26,233,064 | 26,135,707 | |
| Stock & work in progress | |||
| Trade Debtors | 7,215 | 234,302 | 2 |
| Group Debtors | 184,698 | ||
| Misc Debtors | 11,643 | ||
| Cash | 307,278 | 256,660 | |
| misc current assets | |||
| total current assets | 510,834 | 490,962 | 2 |
| total assets | 26,743,898 | 26,626,669 | 2 |
| Bank overdraft | |||
| Bank loan | |||
| Trade Creditors | 13,705 | 3,024,232 | |
| Group/Directors Accounts | 2,787,866 | ||
| other short term finances | |||
| hp & lease commitments | |||
| other current liabilities | 299,311 | ||
| total current liabilities | 3,100,882 | 3,024,232 | |
| loans | 16,848,591 | ||
| hp & lease commitments | |||
| Accruals and Deferred Income | |||
| other liabilities | 16,848,591 | ||
| provisions | |||
| total long term liabilities | 16,848,591 | 16,848,591 | |
| total liabilities | 19,949,473 | 19,872,823 | |
| net assets | 6,794,425 | 6,753,846 | 2 |
| total shareholders funds | 6,794,425 | 6,753,846 | 2 |
| Jun 2023 | Dec 2021 | Dec 2020 | |
|---|---|---|---|
| Operating Activities | |||
| Operating Profit | |||
| Depreciation | |||
| Amortisation | |||
| Tax | |||
| Stock | |||
| Debtors | 203,556 | 234,300 | 2 |
| Creditors | 13,705 | 3,024,232 | |
| Accruals and Deferred Income | 299,311 | ||
| Deferred Taxes & Provisions | |||
| Cash flow from operations | |||
| Investing Activities | |||
| capital expenditure | |||
| Change in Investments | 26,233,064 | 26,135,707 | |
| cash flow from investments | |||
| Financing Activities | |||
| Bank loans | |||
| Group/Directors Accounts | 2,787,866 | ||
| Other Short Term Loans | |||
| Long term loans | 16,848,591 | ||
| Hire Purchase and Lease Commitments | |||
| other long term liabilities | 16,848,591 | ||
| share issue | |||
| interest | |||
| cash flow from financing | |||
| cash and cash equivalents | |||
| cash | 307,278 | 256,660 | |
| overdraft | |||
| change in cash | 307,278 | 256,660 |
the wells centre limited Credit Report and Business Information
The Wells Centre Limited Competitor Analysis
Perform a competitor analysis for the wells centre limited by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other micro companies, companies in BR1 area or any other competitors across 12 key performance metrics.
the wells centre limited Ownership
THE WELLS CENTRE LIMITED group structure
The Wells Centre Limited has 1 subsidiary company.
Ultimate parent company
THE WELLS CENTRE LIMITED
12885960
1 subsidiary
the wells centre limited directors
The Wells Centre Limited currently has 6 directors. The longest serving directors include Mr Alan Cornish (Sep 2020) and Mr Robert Sargent (Sep 2020).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Alan Cornish | England | 70 years | Sep 2020 | - | Director |
| Mr Robert Sargent | England | 60 years | Sep 2020 | - | Director |
| Mr Barry White | England | 62 years | Sep 2020 | - | Director |
| Mr Gerald Dowd | Uk | 62 years | Sep 2020 | - | Director |
| Mrs Sara White | England | 59 years | Sep 2021 | - | Director |
| Mrs Sandra Sargent | United Kingdom | 55 years | Sep 2021 | - | Director |
P&L
June 2023turnover
338.3k
0%
operating profit
996.9k
0%
gross margin
38%
0%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
June 2023net assets
6.8m
0%
total assets
26.7m
0%
cash
307.3k
0%
net assets
Total assets minus all liabilities
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the wells centre limited company details
company number
12885960
Type
Private limited with Share Capital
industry
82990 - Other business support service activities n.e.c.
incorporation date
September 2020
age
5
incorporated
UK
ultimate parent company
accounts
Small Company
last accounts submitted
June 2023
previous names
N/A
accountant
MWS
auditor
-
address
7 plaistow lane, bromley, kent, BR1 4DS
Bank
BARCLAYS BANK PLC
Legal Advisor
-
the wells centre limited Charges & Mortgages
A charge, or mortgage, refers to the rights a company gives to a lender in return for a loan, often in the form of security given over business assets.
We found 3 charges/mortgages relating to the wells centre limited. Currently there are 3 open charges and 0 have been satisfied in the past.
the wells centre limited Capital Raised & Share Issues BETA
When a company issues new shares, e.g. to new investors following a funding round, it is required to notify Companies House within one month of making an allotment of shares.
Click to start generating capital raising & share issue transactions for THE WELLS CENTRE LIMITED. This can take several minutes, an email will notify you when this has completed.
the wells centre limited Companies House Filings - See Documents
| date | description | view/download |
|---|
