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Wealth at work ltd
Registration Number
05225819Incorporation Date
08/09/2004Last Annual Return
Not availableAddress
Third Floor 5 St Paul's Square, Liverpool, Merseyside. L3 9SJ
Website
www.wealthatwork.co.ukAudit Fees
£57,000Secretary
Mr Mark Hutchinson
Directors
Active
Mr David Cassidy (70 yrs)
Active
Mr Mark Hutchinson (69 yrs)
Active
Mr Stuart Payne (51 yrs)
Active
Mr Alan Keith Whalley (69 yrs)
Active
Mr Ian James Copelin (54 yrs)
Active
Mr Paul Eric Morton (56 yrs)
Active
Mr Jonathan Watts-Lay (59 yrs)
| Proposed Year |
|||||
|---|---|---|---|---|---|
| Period Ending | 31-Dec-21 | 31-Dec-22 | 31-Dec-23 | 31-Dec-24 | 30-Dec-25 |
| Weeks | 52 | 52 | 52 | 52 | 52 |
| Total Sales (£000) | 33899 | 37630 | 41484 | 48469 | 57193 |
| Directors Fees | 0 | 0 | 0 | 0 | 0 |
| Gross Profits | 30246 | 33694 | 36748 | 42781 | 50482 |
| Value Added | 22447 | 23424 | 25343 | 31706 | 37668 |
| Trading Profit | 8981 | 7993 | 6330 | 10517 | 14938 |
| Depreciation | 245 | 265 | 389 | 409 | |
| Non-Trading Income | 1 | 16 | 158 | 318 | 0 |
| Total Interest Charges | 0 | 0 | 0 | 0 | 0 |
| Pre-tax Profit | 8737 | 7744 | 6099 | 10426 | 14447 |
| Retained Profit (Shareholders Funds) | 2305 | 7761 | 5898 | 1003 | 6256 |
| Fixed Assets | 628 | 1260 | 1303 | 1118 | 1342 |
| Intangibles | 647 | 992 | 1385 | 1693 | 2032 |
| Intermediate Assets | 645 | 645 | 645 | 447 | 536 |
| Stocks | 0 | 0 | 0 | 0 | 0 |
| Debtors | 214 | 325 | 447 | 349 | 412 |
| Cash or Equivalent | 17507 | 24474 | 29922 | 30443 | 34725 |
| Total Current Assets | 17721 | 24799 | 30369 | 30792 | 35137 |
| Creditors | 821 | 1776 | 874 | 821 | 1114 |
| Short Term Borrowing | 2346 | 2247 | 3572 | 2311 | 0 |
| Other Current Liabilities | 4011 | 3449 | 3009 | 3680 | 4416 |
| Total Current Liabilities | 7178 | 7472 | 7455 | 6812 | 5530 |
| Net Current Assets | 10543 | 17327 | 22914 | 23980 | 29607 |
| Shareholders Funds | 12463 | 20224 | 26122 | 27125 | 33381 |
| Total Loan Capital | 0 | 0 | 0 | 0 | 0 |
| Other Capital Employed | 0 | 0 | 125 | 113 | 136 |
| Total Capital Employed | 12463 | 20224 | 26247 | 27238 | 33517 |
| Pretax Profit Margin % | 25.77 | 20.58 | 14.7 | 21.51 | 25.26 |
| Sales Growth % | 32 | 11 | 10 | 17 | 18 |
| Pretax Profit Growth % | 124 | -11 | -21 | 71 | 38.57 |
| Debtor Ratio Days | 2 | 3 | 4 | 3 | 2.6209742309517 |
| Creditor Ratio Days | 9 | 17 | 8 | 6 | 7.0905238399802 |
| Stock Turnover | NA | NA | NA | NA | NA |
| Sales £000 / Employee | 151 | 140 | 129 | 136 | 149.763764044943 |
| Value Added £000/Empl. | 100 | 87 | 79 | 89 | 98.6354980003806 |
| Av. Remun. £000 / Empl. | 60 | 58 | 59 | 60 | 59.5196629213483 |
| Total Empl. Remu. £000 | 13466 | 15431 | 19013 | 21189 | 22730.0181818182 |
| Employees | 225 | 268 | 322 | 356 | 381.89090909091 |
| Pretax Profit/Total Assets % | 44 | 28 | 18 | 31 | 37 |
Company Summary
- The Plimsoll Chart is high and rising indicating an improvement in financial strength, well above the industry average.
- Total Sales have increased by 16.8% in the latest year, well above the industry average of 5.3%.
- The company is ranked among the fastest growing in terms of sales growth in the latest year.
- Pretax Profit Margin is 21.5% in the latest year, well above the industry average of 8.2%.
- Pretax Profit Margin has markedly improved from 14.7% to 21.5% in the latest year.
- Shareholders received £9.0m in dividends this year, over 86% of the pretax profits of the company.
- Formal debt of the company has decreased by £1.3m, a fall of 35%.
- The Profitability chart shows a well above average pretax profit return on total assets in the latest year
- The company is among the Top 8 companies listed as a Best Trading Partner (see section 1c).
- The company is among the Top 29 in terms of Trading Profits.
- The company is among the Top 60 companies listed under the Gross Profits category (see section 3.1c).
- The company is among the Top 36 Leaders in Efficiency.
- The company is among the Top 50 companies listed under the Pretax Profit Return on Total Assets category (see section 3.4c).
- The company is among the Top 35 in terms of Pretax Profit Return on Owners Funds.
Company Summary
The company currently has £48.5m sales and made £10.4m, by following the proposal plan, sales would rise to £57.2m and profits would rise to £14.4m.
Key Attractiveness Features
- ADD £48.5m TO SALES
- ATTRACTIVE PRICE
- HIGH DIVIDEND
- HIGH AVERAGE AGE
Acquisition Attractiveness Rating
- Low number of shareholders
- Company is privately owned
- Low number of directors
- Sales growth above the industry average
- Low financial rating
- High gross earnings
- Big difference between current and future value
- Directors fees represent high proportion of profits
- Average age of directors is high
Company Valuation
| Proposed Year |
|||||
|---|---|---|---|---|---|
| Period Ending | 31-Dec-21 | 31-Dec-22 | 31-Dec-23 | 31-Dec-24 | 30-Dec-25 |
| Total Sales (£000) | 33899 | 37630 | 41484 | 48469 | 57193 |
| Pre-tax Profit (£000) | 8737 | 7744 | 6099 | 10426 | 14447 |
| Total Value (£000) | 45814 | 41862 | 33485 | 54147 | 76557 |
| Asset Value (£000) | 2134 | 3222 | 3780 | 3607 | 4322 |
| Goodwill (£000) | 43680 | 38640 | 29705 | 50540 | 72235 |
| Liabilities (£000) | 10329 | 17002 | 22342 | 23518 | 29059 |
| Equity Value (£000) | 56143 | 58864 | 55827 | 77665 | 105616 |
Total Value Formula: (Pretax Profit + Interest Payments - Non Trading Income + Directors Fees) * 5 plus (Fixed Assets + Intangibles + Intermediate Assets + Stocks + Debtors)
Shareholders / Ownership
WEALTH AT WORK MIDCO LTD (100.0%)
Immediate Shareholder: See Shareholders
Subsidiaries
DBD DIGITAL LTD
LIFE ACADEMY LTD
MARSHALL ZOING LTD
Acquisition / Valuation Comments
This company has been established 21 years.
The number of shareholders is low (1)
3 directors are over 60 years of age.
The total value of the company is currently £54.1m including debts.
The equity value is high, indicating low levels of total liabilities.
The proposed year is based on achieving a 37% return on total assets.
The company's value would increase by 41% if the proposed business plan was followed.
The proposed plan would improve the overall financial strength of the company by 34%.
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