wrc accounting limited
wrc accounting limited Company Information
Company Number
13099514
Next Accounts
Dec 2024
Industry
Accounting, and auditing activities
Shareholders
-
Group Structure
View All
Contact
Registered Address
parkgates bury new road, prestwich, manchester, M25 0JW
Website
-wrc accounting limited Estimated Valuation
Pomanda estimates the enterprise value of WRC ACCOUNTING LIMITED at £133.6k based on a Turnover of £150k and 0.89x industry multiple (adjusted for size and gross margin).
wrc accounting limited Estimated Valuation
Pomanda estimates the enterprise value of WRC ACCOUNTING LIMITED at £1.7m based on an EBITDA of £284.6k and a 5.92x industry multiple (adjusted for size and gross margin).
wrc accounting limited Estimated Valuation
Pomanda estimates the enterprise value of WRC ACCOUNTING LIMITED at £781.4k based on Net Assets of £259.9k and 3.01x industry multiple (adjusted for liquidity).
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Wrc Accounting Limited Overview
Wrc Accounting Limited is a live company located in manchester, M25 0JW with a Companies House number of 13099514. It operates in the accounting and auditing activities sector, SIC Code 69201. Founded in December 2020, it's largest shareholder is unknown. Wrc Accounting Limited is a startup, micro sized company, Pomanda has estimated its turnover at £150k with unknown growth in recent years.
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Wrc Accounting Limited Health Check
Pomanda's financial health check has awarded Wrc Accounting Limited a 2 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 4 areas for improvement. Company Health Check FAQs
1 Strong
3 Regular
4 Weak
Size
annual sales of £150k, make it smaller than the average company (£211.6k)
- Wrc Accounting Limited
£211.6k - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Wrc Accounting Limited
- - Industry AVG
Production
with a gross margin of 88.3%, this company has a comparable cost of product (88.3%)
- Wrc Accounting Limited
88.3% - Industry AVG
Profitability
an operating margin of 189.8% make it more profitable than the average company (13.8%)
- Wrc Accounting Limited
13.8% - Industry AVG
Employees
with 2 employees, this is below the industry average (3)
2 - Wrc Accounting Limited
3 - Industry AVG
Pay Structure
on an average salary of £33.1k, the company has an equivalent pay structure (£33.1k)
- Wrc Accounting Limited
£33.1k - Industry AVG
Efficiency
resulting in sales per employee of £75k, this is equally as efficient (£75k)
- Wrc Accounting Limited
£75k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Wrc Accounting Limited
- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- Wrc Accounting Limited
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Wrc Accounting Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 9 weeks, this is less cash available to meet short term requirements (38 weeks)
9 weeks - Wrc Accounting Limited
38 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 87.5%, this is a higher level of debt than the average (50.9%)
87.5% - Wrc Accounting Limited
50.9% - Industry AVG
WRC ACCOUNTING LIMITED financials
Wrc Accounting Limited's latest turnover from March 2023 is estimated at £150 thousand and the company has net assets of £259.9 thousand. According to their latest financial statements, Wrc Accounting Limited has 2 employees and maintains cash reserves of £56.5 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2023 | Mar 2022 | |
|---|---|---|
| Turnover | 300,000 | |
| Other Income Or Grants | ||
| Cost Of Sales | ||
| Gross Profit | ||
| Admin Expenses | ||
| Operating Profit | ||
| Interest Payable | 0 | |
| Interest Receivable | 0 | |
| Pre-Tax Profit | 166,262 | |
| Tax | -33,500 | |
| Profit After Tax | 132,762 | |
| Dividends Paid | 0 | |
| Retained Profit | 132,762 | |
| Employee Costs | ||
| Number Of Employees | 2 | 2 |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2023 | Mar 2022 | |
|---|---|---|
| Tangible Assets | 0 | 0 |
| Intangible Assets | 2,021,500 | 0 |
| Investments & Other | 0 | 1,600,000 |
| Debtors (Due After 1 year) | 0 | 0 |
| Total Fixed Assets | 2,021,500 | 1,600,000 |
| Stock & work in progress | 0 | 0 |
| Trade Debtors | 0 | 0 |
| Group Debtors | 0 | 300,000 |
| Misc Debtors | 0 | 0 |
| Cash | 56,465 | 7 |
| misc current assets | 0 | 0 |
| total current assets | 56,465 | 300,007 |
| total assets | 2,077,965 | 1,900,007 |
| Bank overdraft | 0 | 0 |
| Bank loan | 0 | 0 |
| Trade Creditors | 0 | 0 |
| Group/Directors Accounts | 12,500 | 12,500 |
| other short term finances | 112,726 | 101,041 |
| hp & lease commitments | 0 | 0 |
| other current liabilities | 192,792 | 153,704 |
| total current liabilities | 318,018 | 267,245 |
| loans | 1,200,000 | 1,100,000 |
| hp & lease commitments | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 |
| other liabilities | 300,000 | 400,000 |
| provisions | 0 | 0 |
| total long term liabilities | 1,500,000 | 1,500,000 |
| total liabilities | 1,818,018 | 1,767,245 |
| net assets | 259,947 | 132,762 |
| total shareholders funds | 259,947 | 132,762 |
| Mar 2023 | Mar 2022 | |
|---|---|---|
| Operating Activities | ||
| Operating Profit | ||
| Depreciation | 0 | 0 |
| Amortisation | 0 | 0 |
| Tax | -33,500 | |
| Stock | 0 | 0 |
| Debtors | -300,000 | 300,000 |
| Creditors | 0 | 0 |
| Accruals and Deferred Income | 39,088 | 153,704 |
| Deferred Taxes & Provisions | 0 | 0 |
| Cash flow from operations | ||
| Investing Activities | ||
| capital expenditure | ||
| Change in Investments | -1,600,000 | 1,600,000 |
| cash flow from investments | ||
| Financing Activities | ||
| Bank loans | 0 | 0 |
| Group/Directors Accounts | 0 | 12,500 |
| Other Short Term Loans | 11,685 | 101,041 |
| Long term loans | 100,000 | 1,100,000 |
| Hire Purchase and Lease Commitments | 0 | 0 |
| other long term liabilities | -100,000 | 400,000 |
| share issue | ||
| interest | 0 | |
| cash flow from financing | 1,613,541 | |
| cash and cash equivalents | ||
| cash | 56,458 | 7 |
| overdraft | 0 | 0 |
| change in cash | 56,458 | 7 |
wrc accounting limited Credit Report and Business Information
Wrc Accounting Limited Competitor Analysis
Perform a competitor analysis for wrc accounting limited by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other micro companies, companies in M25 area or any other competitors across 12 key performance metrics.
wrc accounting limited Ownership
WRC ACCOUNTING LIMITED group structure
Wrc Accounting Limited has no subsidiary companies.
Ultimate parent company
WRC ACCOUNTING LIMITED
13099514
wrc accounting limited directors
Wrc Accounting Limited currently has 3 directors. The longest serving directors include Mr Martin Peters (Dec 2020) and Miss Sharon Clague (May 2024).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Martin Peters | England | 89 years | Dec 2020 | - | Director |
| Miss Sharon Clague | Isle Of Man | 50 years | May 2024 | - | Director |
| Mr Christian Cowley | Isle Of Man | 56 years | Oct 2024 | - | Director |
P&L
March 2023turnover
150k
-50%
operating profit
284.6k
0%
gross margin
88.4%
+3.8%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2023net assets
259.9k
+0.96%
total assets
2.1m
+0.09%
cash
56.5k
+8065.43%
net assets
Total assets minus all liabilities
Similar Companies
wrc accounting limited company details
company number
13099514
Type
Private Ltd By Guarantee w/o Share Cap
industry
69201 - Accounting, and auditing activities
incorporation date
December 2020
age
4
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
March 2023
previous names
N/A
accountant
-
auditor
-
address
parkgates bury new road, prestwich, manchester, M25 0JW
Bank
-
Legal Advisor
-
wrc accounting 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 1 charges/mortgages relating to wrc accounting limited. Currently there are 1 open charges and 0 have been satisfied in the past.
wrc accounting 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.
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wrc accounting limited Companies House Filings - See Documents
| date | description | view/download |
|---|
