wellington house developments limited
wellington house developments limited Company Information
Company Number
12960169
Website
-Registered Address
hine house 25 regent street, nottingham, NG1 5BS
Industry
Development of building projects
Telephone
-
Next Accounts Due
December 2024
Group Structure
View All
Shareholders
euan woolley 50%
steven vincent 50%
wellington house developments limited Estimated Valuation
Pomanda estimates the enterprise value of WELLINGTON HOUSE DEVELOPMENTS LIMITED at £34.4k based on a Turnover of £71.4k and 0.48x industry multiple (adjusted for size and gross margin).
wellington house developments limited Estimated Valuation
Pomanda estimates the enterprise value of WELLINGTON HOUSE DEVELOPMENTS LIMITED at £278.9k based on an EBITDA of £76.1k and a 3.66x industry multiple (adjusted for size and gross margin).
wellington house developments limited Estimated Valuation
Pomanda estimates the enterprise value of WELLINGTON HOUSE DEVELOPMENTS LIMITED at £0 based on Net Assets of £-20.4k and 1.49x industry multiple (adjusted for liquidity).
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Wellington House Developments Limited Overview
Wellington House Developments Limited is a live company located in nottingham, NG1 5BS with a Companies House number of 12960169. It operates in the development of building projects sector, SIC Code 41100. Founded in October 2020, it's largest shareholder is euan woolley with a 50% stake. Wellington House Developments Limited is a startup, micro sized company, Pomanda has estimated its turnover at £71.4k with unknown growth in recent years.
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Wellington House Developments Limited Health Check
Pomanda's financial health check has awarded Wellington House Developments Limited a 2 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 5 areas for improvement. Company Health Check FAQs
2 Strong
2 Regular
5 Weak
Size
annual sales of £71.4k, make it smaller than the average company (£2.1m)
- Wellington House Developments Limited
£2.1m - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Wellington House Developments Limited
- - Industry AVG
Production
with a gross margin of 25.8%, this company has a comparable cost of product (25.8%)
- Wellington House Developments Limited
25.8% - Industry AVG
Profitability
an operating margin of 106.6% make it more profitable than the average company (8.7%)
- Wellington House Developments Limited
8.7% - Industry AVG
Employees
with 1 employees, this is below the industry average (6)
- Wellington House Developments Limited
6 - Industry AVG
Pay Structure
on an average salary of £46.3k, the company has an equivalent pay structure (£46.3k)
- Wellington House Developments Limited
£46.3k - Industry AVG
Efficiency
resulting in sales per employee of £71.4k, this is less efficient (£275.7k)
- Wellington House Developments Limited
£275.7k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Wellington House Developments Limited
- - Industry AVG
Creditor Days
its suppliers are paid after 56 days, this is slower than average (30 days)
- Wellington House Developments Limited
30 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Wellington House Developments Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (13 weeks)
0 weeks - Wellington House Developments Limited
13 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 100.7%, this is a higher level of debt than the average (74.7%)
100.7% - Wellington House Developments Limited
74.7% - Industry AVG
WELLINGTON HOUSE DEVELOPMENTS LIMITED financials
Wellington House Developments Limited's latest turnover from March 2023 is estimated at £71.4 thousand and the company has net assets of -£20.4 thousand. According to their latest financial statements, we estimate that Wellington House Developments Limited has 1 employee and maintains cash reserves of £16.9 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2023 | Mar 2022 | |
|---|---|---|
| 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 | ||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2023 | Mar 2022 | |
|---|---|---|
| Tangible Assets | 0 | 0 |
| Intangible Assets | 0 | 0 |
| Investments & Other | 2,524,926 | 1,111,779 |
| Debtors (Due After 1 year) | 0 | 0 |
| Total Fixed Assets | 2,524,926 | 1,111,779 |
| Stock & work in progress | 0 | 0 |
| Trade Debtors | 0 | 0 |
| Group Debtors | 0 | 0 |
| Misc Debtors | 210,183 | 36,506 |
| Cash | 16,873 | 117,601 |
| misc current assets | 0 | 0 |
| total current assets | 227,056 | 154,107 |
| total assets | 2,751,982 | 1,265,886 |
| Bank overdraft | 0 | 442,600 |
| Bank loan | 1,350,225 | 0 |
| Trade Creditors | 8,168 | 82,598 |
| Group/Directors Accounts | 0 | 0 |
| other short term finances | 0 | 0 |
| hp & lease commitments | 0 | 0 |
| other current liabilities | 422,514 | 279,272 |
| total current liabilities | 1,780,907 | 804,470 |
| loans | 0 | 0 |
| hp & lease commitments | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 |
| other liabilities | 991,426 | 468,860 |
| provisions | 0 | 0 |
| total long term liabilities | 991,426 | 468,860 |
| total liabilities | 2,772,333 | 1,273,330 |
| net assets | -20,351 | -7,444 |
| total shareholders funds | -20,351 | -7,444 |
| Mar 2023 | Mar 2022 | |
|---|---|---|
| Operating Activities | ||
| Operating Profit | ||
| Depreciation | 0 | 0 |
| Amortisation | 0 | 0 |
| Tax | ||
| Stock | 0 | 0 |
| Debtors | 173,677 | 36,506 |
| Creditors | -74,430 | 82,598 |
| Accruals and Deferred Income | 143,242 | 279,272 |
| Deferred Taxes & Provisions | 0 | 0 |
| Cash flow from operations | ||
| Investing Activities | ||
| capital expenditure | ||
| Change in Investments | 1,413,147 | 1,111,779 |
| cash flow from investments | ||
| Financing Activities | ||
| Bank loans | 1,350,225 | 0 |
| Group/Directors Accounts | 0 | 0 |
| Other Short Term Loans | 0 | 0 |
| Long term loans | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 |
| other long term liabilities | 522,566 | 468,860 |
| share issue | ||
| interest | ||
| cash flow from financing | ||
| cash and cash equivalents | ||
| cash | -100,728 | 117,601 |
| overdraft | -442,600 | 442,600 |
| change in cash | 341,872 | -324,999 |
wellington house developments limited Credit Report and Business Information
Wellington House Developments Limited Competitor Analysis
Perform a competitor analysis for wellington house developments limited by selecting its closest rivals, whether from the CONSTRUCTION sector, other micro companies, companies in NG1 area or any other competitors across 12 key performance metrics.
wellington house developments limited Ownership
WELLINGTON HOUSE DEVELOPMENTS LIMITED group structure
Wellington House Developments Limited has no subsidiary companies.
Ultimate parent company
WELLINGTON HOUSE DEVELOPMENTS LIMITED
12960169
wellington house developments limited directors
Wellington House Developments Limited currently has 2 directors. The longest serving directors include Mr Steven Vincent (Oct 2020) and Mr Euan Woolley (Oct 2020).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Steven Vincent | United Kingdom | 41 years | Oct 2020 | - | Director |
| Mr Euan Woolley | England | 47 years | Oct 2020 | - | Director |
P&L
March 2023turnover
71.4k
-90%
operating profit
76.1k
0%
gross margin
25.9%
+8.84%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2023net assets
-20.4k
+1.73%
total assets
2.8m
+1.17%
cash
16.9k
-0.86%
net assets
Total assets minus all liabilities
Similar Companies
wellington house developments limited company details
company number
12960169
Type
Private limited with Share Capital
industry
41100 - Development of building projects
incorporation date
October 2020
age
4
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
March 2023
previous names
N/A
accountant
MELLOR OXLAND LLP
auditor
-
address
hine house 25 regent street, nottingham, NG1 5BS
Bank
-
Legal Advisor
-
wellington house developments 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 5 charges/mortgages relating to wellington house developments limited. Currently there are 4 open charges and 1 have been satisfied in the past.
wellington house developments limited Companies House Filings - See Documents
| date | description | view/download |
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