wakefield self storage limited

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wakefield self storage limited Company Information

Share WAKEFIELD SELF STORAGE LIMITED

Company Number

14187626

Shareholders

richard euan read stewart

ian ross stewart

Group Structure

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Industry

Operation of warehousing and storage facilities for land transport activities of division 49

 

Registered Address

c/o hartlepool storage unit 2, queens meadow business park, hartlepool, co. durham, TS25 5TE

wakefield self storage limited Estimated Valuation

£1.3m

Pomanda estimates the enterprise value of WAKEFIELD SELF STORAGE LIMITED at £1.3m based on a Turnover of £2.7m and 0.48x industry multiple (adjusted for size and gross margin).

wakefield self storage limited Estimated Valuation

£0

Pomanda estimates the enterprise value of WAKEFIELD SELF STORAGE LIMITED at £0 based on an EBITDA of £-45.6k and a 2.72x industry multiple (adjusted for size and gross margin).

wakefield self storage limited Estimated Valuation

£0

Pomanda estimates the enterprise value of WAKEFIELD SELF STORAGE LIMITED at £0 based on Net Assets of £-55.4k and 2.27x industry multiple (adjusted for liquidity).

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Wakefield Self Storage Limited Overview

Wakefield Self Storage Limited is a live company located in hartlepool, TS25 5TE with a Companies House number of 14187626. It operates in the operation of warehousing and storage facilities for land transport activities sector, SIC Code 52103. Founded in June 2022, it's largest shareholder is richard euan read stewart with a 50% stake. Wakefield Self Storage Limited is a startup, small sized company, Pomanda has estimated its turnover at £2.7m with unknown growth in recent years.

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Wakefield Self Storage Limited Health Check

Pomanda's financial health check has awarded Wakefield Self Storage Limited a 2.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 5 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating2.5out of 5
positive_score

3 Strong

positive_score

1 Regular

positive_score

5 Weak

size

Size

annual sales of £2.7m, make it smaller than the average company (£9.9m)

£2.7m - Wakefield Self Storage Limited

£9.9m - Industry AVG

growth

Growth

There is insufficient data available for this Key Performance Indicator!

- - Wakefield Self Storage Limited

- - Industry AVG

production

Production

with a gross margin of 19%, this company has a higher cost of product (38.4%)

19% - Wakefield Self Storage Limited

38.4% - Industry AVG

profitability

Profitability

an operating margin of -1.7% make it less profitable than the average company (6.4%)

-1.7% - Wakefield Self Storage Limited

6.4% - Industry AVG

employees

Employees

with 2 employees, this is below the industry average (52)

2 - Wakefield Self Storage Limited

52 - Industry AVG

paystructure

Pay Structure

on an average salary of £41.1k, the company has an equivalent pay structure (£41.1k)

£41.1k - Wakefield Self Storage Limited

£41.1k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £1.3m, this is more efficient (£157.1k)

£1.3m - Wakefield Self Storage Limited

£157.1k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 6 days, this is earlier than average (49 days)

6 days - Wakefield Self Storage Limited

49 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 546 days, this is slower than average (38 days)

546 days - Wakefield Self Storage Limited

38 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Wakefield Self Storage Limited

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - Wakefield Self Storage Limited

- - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 101.8%, this is a higher level of debt than the average (55.4%)

101.8% - Wakefield Self Storage Limited

55.4% - Industry AVG

WAKEFIELD SELF STORAGE LIMITED financials

EXPORTms excel logo

Wakefield Self Storage Limited's latest turnover from December 2023 is estimated at £2.7 million and the company has net assets of -£55.4 thousand. According to their latest financial statements, Wakefield Self Storage Limited has 2 employees and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Dec 2023Dec 2022
Turnover2,650,1424,608,107
Other Income Or Grants00
Cost Of Sales2,147,2463,774,586
Gross Profit502,896833,521
Admin Expenses548,484843,303
Operating Profit-45,588-9,782
Interest Payable00
Interest Receivable00
Pre-Tax Profit-45,588-9,782
Tax00
Profit After Tax-45,588-9,782
Dividends Paid00
Retained Profit-45,588-9,782
Employee Costs82,10179,739
Number Of Employees22
EBITDA*-45,588-9,782

* Earnings Before Interest, Tax, Depreciation and Amortisation

Dec 2023Dec 2022
Tangible Assets3,112,7473,054,842
Intangible Assets00
Investments & Other00
Debtors (Due After 1 year)00
Total Fixed Assets3,112,7473,054,842
Stock & work in progress00
Trade Debtors47,773632,252
Group Debtors00
Misc Debtors00
Cash00
misc current assets00
total current assets47,773632,252
total assets3,160,5203,687,094
Bank overdraft00
Bank loan00
Trade Creditors 3,215,8903,696,876
Group/Directors Accounts00
other short term finances00
hp & lease commitments00
other current liabilities00
total current liabilities3,215,8903,696,876
loans00
hp & lease commitments00
Accruals and Deferred Income00
other liabilities00
provisions00
total long term liabilities00
total liabilities3,215,8903,696,876
net assets-55,370-9,782
total shareholders funds-55,370-9,782
Dec 2023Dec 2022
Operating Activities
Operating Profit-45,588-9,782
Depreciation00
Amortisation00
Tax00
Stock00
Debtors-584,479632,252
Creditors-480,9863,696,876
Accruals and Deferred Income00
Deferred Taxes & Provisions00
Cash flow from operations57,9053,054,842
Investing Activities
capital expenditure-57,905-3,054,842
Change in Investments00
cash flow from investments-57,905-3,054,842
Financing Activities
Bank loans00
Group/Directors Accounts00
Other Short Term Loans 00
Long term loans00
Hire Purchase and Lease Commitments00
other long term liabilities00
share issue00
interest00
cash flow from financing00
cash and cash equivalents
cash00
overdraft00
change in cash00

wakefield self storage limited Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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Wakefield Self Storage Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for wakefield self storage limited by selecting its closest rivals, whether from the TRANSPORTATION AND STORAGE sector, other small companies, companies in TS25 area or any other competitors across 12 key performance metrics.

wakefield self storage limited Ownership

WAKEFIELD SELF STORAGE LIMITED group structure

Wakefield Self Storage Limited has no subsidiary companies.

Ultimate parent company

WAKEFIELD SELF STORAGE LIMITED

14187626

WAKEFIELD SELF STORAGE LIMITED Shareholders

richard euan read stewart 50%
ian ross stewart 50%

wakefield self storage limited directors

Wakefield Self Storage Limited currently has 2 directors. The longest serving directors include Mr Richard Stewart (Jun 2022) and Mr Ian Stewart (Jun 2022).

officercountryagestartendrole
Mr Richard StewartEngland55 years Jun 2022- Director
Mr Ian StewartEngland57 years Jun 2022- Director

P&L

December 2023

turnover

2.7m

-42%

operating profit

-45.6k

0%

gross margin

19%

+4.91%

turnover

Turnover, or revenue, is the amount of sales generated by a company within the financial year.

Balance Sheet

December 2023

net assets

-55.4k

+4.66%

total assets

3.2m

-0.14%

cash

0

0%

net assets

Total assets minus all liabilities

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wakefield self storage limited company details

company number

14187626

Type

Private limited with Share Capital

industry

52103 - Operation of warehousing and storage facilities for land transport activities of division 49

incorporation date

June 2022

age

3

incorporated

UK

ultimate parent company

None

accounts

Micro-Entity Accounts

last accounts submitted

December 2023

previous names

N/A

accountant

-

auditor

-

address

c/o hartlepool storage unit 2, queens meadow business park, hartlepool, co. durham, TS25 5TE

Bank

-

Legal Advisor

-

wakefield self storage 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 wakefield self storage limited.

wakefield self storage 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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wakefield self storage limited Companies House Filings - See Documents

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