Pomanda estimates the enterprise value of WIREFREE COMMUNICATIONS LIMITED at €228.1k based on a Turnover of €290.5k and 0.79x industry multiple (adjusted for size and gross margin).
Pomanda estimates the enterprise value of WIREFREE COMMUNICATIONS LIMITED at €91.4k based on an EBITDA of €27.6k and a 3.31x industry multiple (adjusted for size and gross margin).
Pomanda estimates the enterprise value of WIREFREE COMMUNICATIONS LIMITED at €0 based on Net Assets of €-45.4k and 2.41x industry multiple (adjusted for liquidity).
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Wirefree Communications LimitedOverview
Wirefree Communications Limited is a live company located in clonminch. It operates in the other telecommunications activities sector, SIC Code 61900. Founded in November 2005, it's largest shareholder is
nordisk mobiltelefon ab
with a 100% stake. Wirefree Communications Limited is a mature,
micro sized company, Pomanda has estimated its turnover at
€290.5k with
declining
growth in recent years.
Pomanda's financial health check has awarded Wirefree Communications Limited a 4 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 7 areas for improvement. Company Health Check FAQs
Health Rating4out of 5
3 Strong
2 Regular
7 Weak
Size
annual sales of €290.5k, make it smaller than the average company (€14.1m)
€290.5k - Wirefree Communications Limited
€14.1m - Industry AVG
Growth
3 year (CAGR) sales growth of -36%, show it is growing at a slower rate (4.6%)
-36% - Wirefree Communications Limited
4.6% - Industry AVG
Production
with a gross margin of 39%, this company has a comparable cost of product (39%)
39% - Wirefree Communications Limited
39% - Industry AVG
Profitability
an operating margin of 9.5% make it more profitable than the average company (4.2%)
9.5% - Wirefree Communications Limited
4.2% - Industry AVG
Employees
with 1 employees, this is below the industry average (54)
1 - Wirefree Communications Limited
54 - Industry AVG
Pay Structure
on an average salary of €66.1k, the company has an equivalent pay structure (€66.1k)
€66.1k - Wirefree Communications Limited
€66.1k - Industry AVG
Efficiency
resulting in sales per employee of €290.5k, this is more efficient (€237.8k)
€290.5k - Wirefree Communications Limited
€237.8k - Industry AVG
Debtor Days
it gets paid by customers after 59 days, this is later than average (40 days)
59 days - Wirefree Communications Limited
40 days - Industry AVG
Creditor Days
its suppliers are paid after 2 days, this is quicker than average (43 days)
2 days - Wirefree Communications Limited
43 days - Industry AVG
Stock Days
it holds stock equivalent to 82 days, this is more than average (14 days)
82 days - Wirefree Communications Limited
14 days - Industry AVG
Cash Balance
has cash to cover current liabilities
for 31 weeks, this is more cash available to meet short term requirements (8 weeks)
31 weeks - Wirefree Communications Limited
8 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 115.4%, this is a higher level of debt than the average (65.4%)
115.4% - Wirefree Communications Limited
65.4% - Industry AVG
WIREFREE COMMUNICATIONS LIMITED financials
EXPORT
Wirefree Communications Limited's latest turnover from December 2023 is estimated at €290.5 thousand and the company has net assets of -€45.4 thousand. According to their latest financial statements, Wirefree Communications Limited has 1 employee and maintains cash reserves of €204.9 thousand as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Dec 2023
Dec 2022
Dec 2021
Dec 2020
Dec 2019
Dec 2018
Dec 2017
Dec 2016
Turnover
290,474
112,218
637,013
1,115,575
292,387
Other Income Or Grants
Cost Of Sales
177,219
68,428
397,756
674,833
174,157
Gross Profit
113,256
43,790
239,257
440,742
118,230
Admin Expenses
85,648
-130,571
251,979
461,131
-193,464
26,906
60,194
502,496
Operating Profit
27,608
174,361
-12,722
-20,389
193,464
-26,906
-60,194
-384,266
Interest Payable
Interest Receivable
4,548
3,370
129
2
3
96
74
6
Pre-Tax Profit
32,156
177,730
-12,593
-20,387
193,467
-26,810
-60,120
-384,260
Tax
-5,788
-31,991
-36,759
Profit After Tax
26,368
145,739
-12,593
-20,387
156,708
-26,810
-60,120
-384,260
Dividends Paid
Retained Profit
26,368
145,739
-12,593
-20,387
156,708
-26,810
-60,120
-384,260
Employee Costs
66,127
64,916
164,995
Number Of Employees
1
1
1
5
3
EBITDA*
27,608
174,361
-12,722
-20,389
195,064
-6,085
-39,372
-384,266
* Earnings Before Interest, Tax, Depreciation and Amortisation
Dec 2023
Dec 2022
Dec 2021
Dec 2020
Dec 2019
Dec 2018
Dec 2017
Dec 2016
Tangible Assets
1,600
22,421
43,243
Intangible Assets
Investments & Other
100
Debtors (Due After 1 year)
Total Fixed Assets
100
1,600
22,421
43,243
Stock & work in progress
40,031
15,348
35,167
58,871
Trade Debtors
47,697
494
143,790
20,910
Group Debtors
Misc Debtors
1,175
45,615
1,112
Cash
204,922
199,310
100,210
2,806
299
480
25,221
4,513
misc current assets
total current assets
293,825
260,767
279,167
62,789
299
480
25,221
25,423
total assets
293,925
260,767
279,167
62,789
299
2,080
47,642
68,666
Bank overdraft
Bank loan
Trade Creditors
1,217
10,626
23,240
10,948
Group/Directors Accounts
244,556
244,456
276,294
39,065
170,657
178,454
170,905
154,762
other short term finances
hp & lease commitments
other current liabilities
93,505
77,406
197,093
228,591
14,122
164,814
191,115
157,214
total current liabilities
339,278
332,488
496,627
267,656
184,779
343,268
362,020
322,924
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
total long term liabilities
total liabilities
339,278
332,488
496,627
267,656
184,779
343,268
362,020
322,924
net assets
-45,353
-71,721
-217,460
-204,867
-184,480
-341,188
-314,378
-254,258
total shareholders funds
-45,353
-71,721
-217,460
-204,867
-184,480
-341,188
-314,378
-254,258
Dec 2023
Dec 2022
Dec 2021
Dec 2020
Dec 2019
Dec 2018
Dec 2017
Dec 2016
Operating Activities
Operating Profit
27,608
174,361
-12,722
-20,389
193,464
-26,906
-60,194
-384,266
Depreciation
1,600
20,821
20,822
Amortisation
Tax
-5,788
-31,991
-36,759
Stock
24,683
-19,819
-23,704
58,871
Debtors
2,763
-97,681
142,678
1,112
-20,910
20,910
Creditors
-9,409
-12,614
23,240
-10,948
10,948
Accruals and Deferred Income
16,099
-119,687
-31,498
214,469
-150,692
-26,301
33,901
157,214
Deferred Taxes & Provisions
Cash flow from operations
1,064
127,569
-139,954
134,097
7,613
-32,386
4,491
-237,014
Investing Activities
capital expenditure
-43,243
Change in Investments
100
cash flow from investments
-100
-43,243
Financing Activities
Bank loans
Group/Directors Accounts
100
-31,838
237,229
-131,592
-7,797
7,549
16,143
154,762
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
share issue
130,002
interest
4,548
3,370
129
2
3
96
74
6
cash flow from financing
4,648
-28,468
237,358
-131,590
-7,794
7,645
16,217
284,770
cash and cash equivalents
cash
5,612
99,100
97,404
2,507
-181
-24,741
20,708
4,513
overdraft
change in cash
5,612
99,100
97,404
2,507
-181
-24,741
20,708
4,513
wirefree communications limited Credit Report and Business Information
Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
Get a comprehensive credit check for wirefree communications limited. Get real-time insights into wirefree communications limited's credit score, group structure and payment trends.
Perform a competitor analysis for wirefree communications limited by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other micro companies, companies in Region Area area or any other competitors across 12 key performance metrics.
wirefree communications limited Ownership
WIREFREE COMMUNICATIONS LIMITED group structure
Wirefree Communications Limited has no subsidiary companies.
Ultimate parent company
NORDISK MOBILTELEFON INTERNATIONAL AB
#0070490
NORDISK MOBILTELEFON AB
#0088413
2 parents
WIREFREE COMMUNICATIONS LIMITED
IE411411
WIREFREE COMMUNICATIONS LIMITED Shareholders
The sole shareholder of Wirefree Communications Limited is Nordisk Mobiltelefon Ab.
nordisk mobiltelefon ab
100%
wirefree communications limited directors
Wirefree Communications Limited currently has 2 directors.
The longest serving directors include
Arti Ots (Jan 2020) and
Declan Drummond (Jan 2020).
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 wirefree communications limited.
wirefree communications limited Capital Raised & Share Issues BETA
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wirefree communications limitedCompanies House Filings - See Documents
