watts corporate & function services limited
watts corporate & function services limited Company Information
Company Number
SC501918
Next Accounts
Jan 2025
Industry
Licensed restaurants
Directors
Shareholders
george traill
Group Structure
View All
Contact
Registered Address
watts station road, cupar, fife, KY15 5HX
Website
-watts corporate & function services limited Estimated Valuation
Pomanda estimates the enterprise value of WATTS CORPORATE & FUNCTION SERVICES LIMITED at £19.7k based on a Turnover of £34.9k and 0.57x industry multiple (adjusted for size and gross margin).
watts corporate & function services limited Estimated Valuation
Pomanda estimates the enterprise value of WATTS CORPORATE & FUNCTION SERVICES LIMITED at £0 based on an EBITDA of £-6.8k and a 3.57x industry multiple (adjusted for size and gross margin).
watts corporate & function services limited Estimated Valuation
Pomanda estimates the enterprise value of WATTS CORPORATE & FUNCTION SERVICES LIMITED at £2.8k based on Net Assets of £1.1k and 2.64x industry multiple (adjusted for liquidity).
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Watts Corporate & Function Services Limited Overview
Watts Corporate & Function Services Limited is a dissolved company that was located in fife, KY15 5HX with a Companies House number of SC501918. It operated in the licenced restaurants sector, SIC Code 56101. Founded in March 2015, it's largest shareholder was george traill with a 100% stake. The last turnover for Watts Corporate & Function Services Limited was estimated at £34.9k.
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Watts Corporate & Function Services Limited Health Check
Pomanda's financial health check has awarded Watts Corporate & Function Services Limited a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 7 areas for improvement. Company Health Check FAQs
1 Strong
1 Regular
7 Weak
Size
annual sales of £34.9k, make it smaller than the average company (£1.1m)
- Watts Corporate & Function Services Limited
£1.1m - Industry AVG
Growth
3 year (CAGR) sales growth of -22%, show it is growing at a slower rate (4%)
- Watts Corporate & Function Services Limited
4% - Industry AVG
Production
with a gross margin of 38.9%, this company has a higher cost of product (61.7%)
- Watts Corporate & Function Services Limited
61.7% - Industry AVG
Profitability
an operating margin of -19.4% make it less profitable than the average company (3.3%)
- Watts Corporate & Function Services Limited
3.3% - Industry AVG
Employees
with 1 employees, this is below the industry average (40)
1 - Watts Corporate & Function Services Limited
40 - Industry AVG
Pay Structure
on an average salary of £17.9k, the company has an equivalent pay structure (£17.9k)
- Watts Corporate & Function Services Limited
£17.9k - Industry AVG
Efficiency
resulting in sales per employee of £34.9k, this is less efficient (£47.4k)
- Watts Corporate & Function Services Limited
£47.4k - Industry AVG
Debtor Days
it gets paid by customers after 20 days, this is later than average (5 days)
- Watts Corporate & Function Services Limited
5 days - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- Watts Corporate & Function Services Limited
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Watts Corporate & Function Services Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Watts Corporate & Function Services Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 46.1%, this is a lower level of debt than the average (84.6%)
46.1% - Watts Corporate & Function Services Limited
84.6% - Industry AVG
WATTS CORPORATE & FUNCTION SERVICES LIMITED financials
Watts Corporate & Function Services Limited's latest turnover from March 2020 is estimated at £34.9 thousand and the company has net assets of £1.1 thousand. According to their latest financial statements, Watts Corporate & Function Services Limited has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | |
|---|---|---|---|---|---|
| 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 | 1 | 2 | 2 | 2 | |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | |
|---|---|---|---|---|---|
| Tangible Assets | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 0 | 0 | 0 | 0 | 0 |
| Stock & work in progress | 0 | 0 | 0 | 4,000 | 4,000 |
| Trade Debtors | 1,952 | 8,736 | 13,364 | 4,888 | 7,123 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 | 0 |
| Cash | 0 | 0 | 0 | 1 | 1 |
| misc current assets | 0 | 0 | 0 | 0 | 0 |
| total current assets | 1,952 | 8,736 | 13,364 | 8,889 | 11,124 |
| total assets | 1,952 | 8,736 | 13,364 | 8,889 | 11,124 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 0 | 0 | 807 | 864 | 2,897 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 0 | 0 | 807 | 864 | 2,897 |
| loans | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 900 | 912 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 888 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 900 | 912 | 888 | 0 | 0 |
| total liabilities | 900 | 912 | 1,695 | 864 | 2,897 |
| net assets | 1,052 | 7,824 | 11,669 | 8,025 | 8,227 |
| total shareholders funds | 1,052 | 7,824 | 11,669 | 8,025 | 8,227 |
| Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | |
|---|---|---|---|---|---|
| Operating Activities | |||||
| Operating Profit | |||||
| Depreciation | 0 | 0 | 0 | 0 | 0 |
| Amortisation | 0 | 0 | 0 | 0 | 0 |
| Tax | |||||
| Stock | 0 | 0 | -4,000 | 0 | 4,000 |
| Debtors | -6,784 | -4,628 | 8,476 | -2,235 | 7,123 |
| Creditors | 0 | -807 | -57 | -2,033 | 2,897 |
| Accruals and Deferred Income | -12 | 912 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | |||||
| Investing Activities | |||||
| capital expenditure | |||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | |||||
| Financing Activities | |||||
| Bank loans | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | -888 | 888 | 0 | 0 |
| share issue | |||||
| interest | |||||
| cash flow from financing | |||||
| cash and cash equivalents | |||||
| cash | 0 | 0 | -1 | 0 | 1 |
| overdraft | 0 | 0 | 0 | 0 | 0 |
| change in cash | 0 | 0 | -1 | 0 | 1 |
watts corporate & function services limited Credit Report and Business Information
Watts Corporate & Function Services Limited Competitor Analysis
Perform a competitor analysis for watts corporate & function services limited by selecting its closest rivals, whether from the ACCOMMODATION AND FOOD SERVICE ACTIVITIES sector, other undefined companies, companies in KY15 area or any other competitors across 12 key performance metrics.
watts corporate & function services limited Ownership
WATTS CORPORATE & FUNCTION SERVICES LIMITED group structure
Watts Corporate & Function Services Limited has no subsidiary companies.
Ultimate parent company
WATTS CORPORATE & FUNCTION SERVICES LIMITED
SC501918
watts corporate & function services limited directors
Watts Corporate & Function Services Limited currently has 1 director, Mr George Traill serving since Mar 2016.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr George Traill | Scotland | 59 years | Mar 2016 | - | Director |
P&L
March 2020turnover
34.9k
-67%
operating profit
-6.8k
0%
gross margin
38.9%
+0.93%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2020net assets
1.1k
-0.87%
total assets
2k
-0.78%
cash
0
0%
net assets
Total assets minus all liabilities
Similar Companies
watts corporate & function services limited company details
company number
SC501918
Type
Private limited with Share Capital
industry
56101 - Licensed restaurants
incorporation date
March 2015
age
10
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
March 2020
previous names
N/A
accountant
-
auditor
-
address
watts station road, cupar, fife, KY15 5HX
Bank
-
Legal Advisor
-
watts corporate & function services 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 watts corporate & function services limited.
watts corporate & function services 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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watts corporate & function services limited Companies House Filings - See Documents
| date | description | view/download |
|---|
