level 1 worthing limited
level 1 worthing limited Company Information
Company Number
13543245
Next Accounts
Jun 2025
Shareholders
megan gilbert
mark nicholson
View AllGroup Structure
View All
Industry
Retail sale via stalls and markets of food, beverages and tobacco products
Registered Address
15 marshall avenue, worthing, BN14 0ES
Website
level1worthing.co.uklevel 1 worthing limited Estimated Valuation
Pomanda estimates the enterprise value of LEVEL 1 WORTHING LIMITED at £89.9k based on a Turnover of £241.2k and 0.37x industry multiple (adjusted for size and gross margin).
level 1 worthing limited Estimated Valuation
Pomanda estimates the enterprise value of LEVEL 1 WORTHING LIMITED at £0 based on an EBITDA of £-9.4k and a 3.77x industry multiple (adjusted for size and gross margin).
level 1 worthing limited Estimated Valuation
Pomanda estimates the enterprise value of LEVEL 1 WORTHING LIMITED at £0 based on Net Assets of £-9.4k and 2.31x industry multiple (adjusted for liquidity).
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Level 1 Worthing Limited Overview
Level 1 Worthing Limited is a live company located in worthing, BN14 0ES with a Companies House number of 13543245. It operates in the retail sale via stalls and markets of food, beverages and tobacco products sector, SIC Code 47810. Founded in August 2021, it's largest shareholder is megan gilbert with a 33.3% stake. Level 1 Worthing Limited is a startup, micro sized company, Pomanda has estimated its turnover at £241.2k with unknown growth in recent years.
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Level 1 Worthing Limited Health Check
Pomanda's financial health check has awarded Level 1 Worthing Limited a 2 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 4 areas for improvement. Company Health Check FAQs
3 Strong
2 Regular
4 Weak
Size
annual sales of £241.2k, make it larger than the average company (£154k)
- Level 1 Worthing Limited
£154k - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Level 1 Worthing Limited
- - Industry AVG
Production
with a gross margin of 54.9%, this company has a comparable cost of product (63.9%)
- Level 1 Worthing Limited
63.9% - Industry AVG
Profitability
an operating margin of -3.9% make it less profitable than the average company (10.4%)
- Level 1 Worthing Limited
10.4% - Industry AVG
Employees
with 7 employees, this is above the industry average (3)
7 - Level 1 Worthing Limited
3 - Industry AVG
Pay Structure
on an average salary of £19.5k, the company has an equivalent pay structure (£19.5k)
- Level 1 Worthing Limited
£19.5k - Industry AVG
Efficiency
resulting in sales per employee of £34.5k, this is less efficient (£81.2k)
- Level 1 Worthing Limited
£81.2k - Industry AVG
Debtor Days
it gets paid by customers after 39 days, this is later than average (23 days)
- Level 1 Worthing Limited
23 days - Industry AVG
Creditor Days
its suppliers are paid after 155 days, this is slower than average (30 days)
- Level 1 Worthing Limited
30 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Level 1 Worthing Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Level 1 Worthing Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 125.6%, this is a higher level of debt than the average (44.6%)
125.6% - Level 1 Worthing Limited
44.6% - Industry AVG
LEVEL 1 WORTHING LIMITED financials
Level 1 Worthing Limited's latest turnover from September 2023 is estimated at £241.2 thousand and the company has net assets of -£9.4 thousand. According to their latest financial statements, Level 1 Worthing Limited has 7 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Sep 2023 | Sep 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 | 7 | |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Sep 2023 | Sep 2022 | |
|---|---|---|
| Tangible Assets | 10,957 | |
| Intangible Assets | 100 | |
| Investments & Other | ||
| Debtors (Due After 1 year) | ||
| Total Fixed Assets | 10,957 | 100 |
| Stock & work in progress | ||
| Trade Debtors | 25,905 | |
| Group Debtors | ||
| Misc Debtors | ||
| Cash | ||
| misc current assets | ||
| total current assets | 25,905 | |
| total assets | 36,862 | 100 |
| Bank overdraft | ||
| Bank loan | ||
| Trade Creditors | 46,289 | |
| Group/Directors Accounts | ||
| other short term finances | ||
| hp & lease commitments | ||
| other current liabilities | ||
| total current liabilities | 46,289 | |
| loans | ||
| hp & lease commitments | ||
| Accruals and Deferred Income | ||
| other liabilities | ||
| provisions | ||
| total long term liabilities | ||
| total liabilities | 46,289 | |
| net assets | -9,427 | 100 |
| total shareholders funds | -9,427 | 100 |
| Sep 2023 | Sep 2022 | |
|---|---|---|
| Operating Activities | ||
| Operating Profit | ||
| Depreciation | ||
| Amortisation | ||
| Tax | ||
| Stock | ||
| Debtors | 25,905 | |
| Creditors | 46,289 | |
| Accruals and Deferred Income | ||
| Deferred Taxes & Provisions | ||
| Cash flow from operations | ||
| Investing Activities | ||
| capital expenditure | ||
| Change in Investments | ||
| cash flow from investments | ||
| Financing Activities | ||
| Bank loans | ||
| Group/Directors Accounts | ||
| Other Short Term Loans | ||
| Long term loans | ||
| Hire Purchase and Lease Commitments | ||
| other long term liabilities | ||
| share issue | ||
| interest | ||
| cash flow from financing | ||
| cash and cash equivalents | ||
| cash | ||
| overdraft | ||
| change in cash |
level 1 worthing limited Credit Report and Business Information
Level 1 Worthing Limited Competitor Analysis
Perform a competitor analysis for level 1 worthing limited by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other micro companies, companies in BN14 area or any other competitors across 12 key performance metrics.
level 1 worthing limited Ownership
LEVEL 1 WORTHING LIMITED group structure
Level 1 Worthing Limited has no subsidiary companies.
Ultimate parent company
LEVEL 1 WORTHING LIMITED
13543245
level 1 worthing limited directors
Level 1 Worthing Limited currently has 2 directors. The longest serving directors include Mr Mark Nicholson (Aug 2021) and Mr Harry Smith (Aug 2021).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Mark Nicholson | England | 61 years | Aug 2021 | - | Director |
| Mr Harry Smith | England | 39 years | Aug 2021 | - | Director |
P&L
September 2023turnover
241.2k
0%
operating profit
-9.4k
0%
gross margin
54.9%
0%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
September 2023net assets
-9.4k
-95.27%
total assets
36.9k
+367.62%
cash
0
0%
net assets
Total assets minus all liabilities
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level 1 worthing limited company details
company number
13543245
Type
Private limited with Share Capital
industry
47810 - Retail sale via stalls and markets of food, beverages and tobacco products
incorporation date
August 2021
age
4
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
September 2023
previous names
N/A
accountant
THL ACCOUNTANCY LTD
auditor
-
address
15 marshall avenue, worthing, BN14 0ES
Bank
-
Legal Advisor
-
level 1 worthing 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 did not find charges/mortgages relating to level 1 worthing limited.
level 1 worthing 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 LEVEL 1 WORTHING LIMITED. This can take several minutes, an email will notify you when this has completed.
level 1 worthing limited Companies House Filings - See Documents
| date | description | view/download |
|---|
