w.h.bowker limited

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w.h.bowker limited Company Information

Share W.H.BOWKER LIMITED
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Company Number

00364757

Registered Address

holme road, bamber bridge, preston, PR5 6BP

Industry

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

 

Freight transport by road

 

Telephone

01772551800

Next Accounts Due

September 2024

Group Structure

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Directors

Elizabeth Griffiths32 Years

Kenneth Bowker32 Years

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Shareholders

mr william henry jnr 34.6%

mr kenneth neil bowker 16.1%

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w.h.bowker limited Estimated Valuation

£165.9m

Pomanda estimates the enterprise value of W.H.BOWKER LIMITED at £165.9m based on a Turnover of £284.3m and 0.58x industry multiple (adjusted for size and gross margin).

w.h.bowker limited Estimated Valuation

£87.2m

Pomanda estimates the enterprise value of W.H.BOWKER LIMITED at £87.2m based on an EBITDA of £17.9m and a 4.87x industry multiple (adjusted for size and gross margin).

w.h.bowker limited Estimated Valuation

£53.5m

Pomanda estimates the enterprise value of W.H.BOWKER LIMITED at £53.5m based on Net Assets of £23.5m and 2.28x industry multiple (adjusted for liquidity).

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W.h.bowker Limited AI Business Plan

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W.h.bowker Limited Overview

W.h.bowker Limited is a live company located in preston, PR5 6BP with a Companies House number of 00364757. It operates in the freight transport by road sector, SIC Code 49410. Founded in January 1941, it's largest shareholder is mr william henry jnr with a 34.6% stake. W.h.bowker Limited is a mature, mega sized company, Pomanda has estimated its turnover at £284.3m with healthy growth in recent years.

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W.h.bowker Limited Health Check

Pomanda's financial health check has awarded W.H.Bowker Limited a 4 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 5 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating4out of 5
positive_score

5 Strong

positive_score

2 Regular

positive_score

5 Weak

size

Size

annual sales of £284.3m, make it larger than the average company (£10.6m)

£284.3m - W.h.bowker Limited

£10.6m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 8%, show it is growing at a faster rate (6.5%)

8% - W.h.bowker Limited

6.5% - Industry AVG

production

Production

with a gross margin of 12.6%, this company has a higher cost of product (28%)

12.6% - W.h.bowker Limited

28% - Industry AVG

profitability

Profitability

an operating margin of 4.8% make it as profitable than the average company (5.9%)

4.8% - W.h.bowker Limited

5.9% - Industry AVG

employees

Employees

with 812 employees, this is above the industry average (63)

812 - W.h.bowker Limited

63 - Industry AVG

paystructure

Pay Structure

on an average salary of £38.3k, the company has an equivalent pay structure (£38.4k)

£38.3k - W.h.bowker Limited

£38.4k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £350.1k, this is more efficient (£143.6k)

£350.1k - W.h.bowker Limited

£143.6k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 13 days, this is earlier than average (52 days)

13 days - W.h.bowker Limited

52 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 7 days, this is quicker than average (34 days)

7 days - W.h.bowker Limited

34 days - Industry AVG

stockdays

Stock Days

it holds stock equivalent to 42 days, this is more than average (2 days)

42 days - W.h.bowker Limited

2 days - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 5 weeks, this is less cash available to meet short term requirements (11 weeks)

5 weeks - W.h.bowker Limited

11 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 75.9%, this is a higher level of debt than the average (61.6%)

75.9% - W.h.bowker Limited

61.6% - Industry AVG

w.h.bowker 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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W.h.bowker Limited Competitor Analysis

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Perform a competitor analysis for w.h.bowker limited by selecting its closest rivals and benchmarking them against 12 key performance metrics.

w.h.bowker limited Ownership

W.H.BOWKER LIMITED group structure

W.H.Bowker Limited has 5 subsidiary companies.

W.H.BOWKER LIMITED Shareholders

mr william henry jnr 34.63%
mr kenneth neil bowker 16.05%
kenneth neil bowker jnr & anthony paul bowker & kenneth neil bowker & anthony paul bowker 15.43%
elizabeth helen griffiths 15.37%
anthony paul bowker 9.26%
kenneth neil jnr 9.26%

w.h.bowker limited directors

W.H.Bowker Limited currently has 10 directors. The longest serving directors include Ms Elizabeth Griffiths (Nov 1991) and Mr Kenneth Bowker (Nov 1991).

officercountryagestartendrole
Ms Elizabeth Griffiths62 years Nov 1991- Director
Mr Kenneth Bowker59 years Nov 1991- Director
Mr Kenneth Bowker80 years Nov 1991- Director
Mr William Bowker64 years Dec 1996- Director
Mr Anthony Bowker56 years Jan 2004- Director
Ms Vicki Bowker54 years Jan 2004- Director
Ms Hilary Bowker60 years Jan 2004- Director
Ms Caroline Bowker65 years Jan 2004- Director
Mr Christopher KayUnited Kingdom47 years Apr 2017- Director
Mr Andrew GeeEngland59 years Feb 2019- Director

W.H.BOWKER LIMITED financials

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W.H.Bowker Limited's latest turnover from December 2022 is £284.3 million and the company has net assets of £23.5 million. According to their latest financial statements, W.H.Bowker Limited has 812 employees and maintains cash reserves of £4.8 million as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Turnover284,254,000245,122,000219,817,000222,872,000196,495,000190,709,000164,549,000150,187,000130,831,000114,155,000105,203,00087,237,00080,532,00084,596,000
Other Income Or Grants00000000000000
Cost Of Sales248,400,000217,051,000195,487,000199,492,000177,113,000170,028,000146,944,000134,436,000116,667,000100,706,00092,653,00076,025,00070,274,00074,260,000
Gross Profit35,854,00028,071,00024,330,00023,380,00019,382,00020,681,00017,605,00015,751,00014,164,00013,449,00012,550,00011,212,00010,258,00010,336,000
Admin Expenses22,314,00017,864,00017,652,00021,245,00019,663,00020,436,00016,104,00013,678,00012,518,00011,179,00010,182,0009,482,0008,923,0008,771,000
Operating Profit13,540,00010,207,0006,678,0002,135,000-281,000245,0001,501,0002,073,0001,646,0002,270,0002,368,0001,730,0001,335,0001,565,000
Interest Payable1,419,000882,0001,091,0001,432,0001,017,000876,000696,000595,000488,000427,000463,000569,000632,000676,000
Interest Receivable000024,0004,00015,00020,00017,00056,00022,00016,00022,00023,000
Pre-Tax Profit12,121,0009,325,0005,587,000703,000-1,274,000-627,000820,0001,498,0001,294,0001,899,0002,071,0001,369,000725,000912,000
Tax-2,491,000-2,128,000-1,332,000-306,000139,000-35,000-183,000-232,000-342,000-480,000-574,000-468,000-139,000-193,000
Profit After Tax9,630,0007,197,0004,255,000397,000-1,135,000-662,000637,0001,266,000952,0001,419,0001,497,000901,000586,000719,000
Dividends Paid3,371,0002,662,0001,552,000180,00000435,000432,000405,000725,0000150,00000
Retained Profit6,259,0004,535,0002,703,000217,000-1,135,000-662,000202,000834,000547,000694,0001,497,000751,000586,000719,000
Employee Costs31,060,00024,763,00023,483,00024,249,00022,368,00021,535,00015,317,00013,112,00011,919,00011,438,00010,916,0009,867,0008,960,0008,622,000
Number Of Employees812706692710683679461403367356344316303292
EBITDA*17,916,00013,337,0009,840,0005,156,0002,783,0003,269,0003,517,0003,684,0003,061,0003,352,0003,240,0002,598,0002,274,0002,595,000

* Earnings Before Interest, Tax, Depreciation and Amortisation

Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Tangible Assets41,909,00033,298,00030,501,00031,694,00028,235,00025,948,00026,493,00018,494,00016,462,00013,342,00012,519,00014,00014,0009,816,000
Intangible Assets386,000247,000311,000388,000513,000650,000823,000102,000131,000009,766,0009,654,00010,000
Investments & Other191,000150,000132,000123,000114,000105,00098,00019,00019,00019,00014,0000014,000
Debtors (Due After 1 year)00000000000000
Total Fixed Assets42,486,00033,695,00030,944,00032,205,00028,862,00026,703,00027,414,00018,615,00016,612,00013,361,00012,533,0009,780,0009,668,0009,840,000
Stock & work in progress28,814,00025,859,00027,462,00031,495,00029,683,00034,066,00032,749,00030,466,00027,387,00023,526,00020,910,00016,859,00013,858,0009,939,000
Trade Debtors10,799,0007,528,0008,696,00010,779,0008,487,0009,420,0009,634,0005,591,0004,263,0003,821,0004,117,0003,979,0003,940,0003,627,000
Group Debtors380,000559,000440,000480,0001,121,0001,838,0001,267,000675,000680,000287,000199,000200,000501,000500,000
Misc Debtors10,089,0009,279,0008,087,0008,692,0005,791,0005,993,0005,361,0003,179,0002,643,0002,896,0002,984,0002,294,0002,223,0002,325,000
Cash4,804,0004,747,000750,000895,0001,934,00041,0001,175,0002,877,000964,000394,0001,206,0001,151,0001,052,000976,000
misc current assets00000000000000
total current assets54,886,00047,972,00045,435,00052,341,00047,016,00051,358,00050,186,00042,788,00035,937,00030,924,00029,416,00024,483,00021,574,00017,367,000
total assets97,372,00081,667,00076,379,00084,546,00075,878,00078,061,00077,600,00061,403,00052,549,00044,285,00041,949,00034,263,00031,242,00027,207,000
Bank overdraft001,948,0006,832,0002,061,0008,500,0005,336,0001,820,0001,886,0001,304,0001,282,0001,473,0001,335,0001,235,000
Bank loan00000000000470,000444,0001,383,000
Trade Creditors 5,090,0004,230,0003,634,0003,890,0005,045,0005,935,0004,204,00018,824,00013,096,00011,543,00012,889,0007,181,0005,431,0004,835,000
Group/Directors Accounts1,846,0002,000,0001,624,0001,031,00000000611,000531,000633,00000
other short term finances9,593,0006,857,00010,668,0005,574,0004,461,0005,489,0003,616,0003,362,0003,653,0002,600,0003,106,0004,846,0001,897,0002,215,000
hp & lease commitments1,939,0001,104,0001,021,0001,326,0001,293,0001,566,0001,821,00014,847,00013,386,00012,072,0008,579,0006,445,0009,100,0004,660,000
other current liabilities30,991,00029,367,00026,486,00033,474,00033,584,00035,260,00039,074,0004,579,0004,265,0003,495,0003,008,0002,595,0002,924,0002,892,000
total current liabilities49,459,00043,558,00045,381,00052,127,00046,444,00056,750,00054,051,00043,432,00036,286,00031,625,00029,395,00023,643,00021,131,00017,220,000
loans14,490,00014,875,00015,244,00019,345,00015,623,0007,263,0007,933,0004,050,0003,125,000973,0001,340,0001,816,0002,296,0002,755,000
hp & lease commitments5,759,0003,861,0001,938,0002,322,0003,476,0002,474,0002,956,0001,847,0002,006,0001,143,0001,395,000567,000425,000371,000
Accruals and Deferred Income563,00077,00082,00087,00091,0000000112,000116,000120,000124,000128,000
other liabilities000000375,0000000000
provisions3,606,0002,060,0001,033,000667,000463,000563,000608,000698,000578,000425,000390,000301,000201,000254,000
total long term liabilities24,418,00020,873,00018,297,00022,421,00019,653,00010,300,00011,872,0006,595,0005,709,0002,653,0003,241,0002,804,0003,046,0003,508,000
total liabilities73,877,00064,431,00063,678,00074,548,00066,097,00067,050,00065,923,00050,027,00041,995,00034,278,00032,636,00026,447,00024,177,00020,728,000
net assets23,495,00017,236,00012,701,0009,998,0009,781,00011,011,00011,677,00011,376,00010,554,00010,007,0009,313,0007,816,0007,065,0006,479,000
total shareholders funds23,495,00017,236,00012,701,0009,998,0009,781,00011,011,00011,677,00011,376,00010,554,00010,007,0009,313,0007,816,0007,065,0006,479,000
Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Operating Activities
Operating Profit13,540,00010,207,0006,678,0002,135,000-281,000245,0001,501,0002,073,0001,646,0002,270,0002,368,0001,730,0001,335,0001,565,000
Depreciation4,312,0003,066,0003,085,0002,896,0002,927,0002,851,0001,987,0001,611,0001,415,0001,082,000872,000868,000929,000989,000
Amortisation64,00064,00077,000125,000137,000173,00029,0000000010,00041,000
Tax-2,491,000-2,128,000-1,332,000-306,000139,000-35,000-183,000-232,000-342,000-480,000-574,000-468,000-139,000-193,000
Stock2,955,000-1,603,000-4,033,0001,812,000-4,383,0001,317,0002,283,0003,079,0003,861,0002,616,0004,051,0003,001,0003,919,0009,939,000
Debtors3,902,000143,000-2,728,0004,552,000-1,852,000989,0006,817,0001,859,000582,000-296,000827,000-191,000212,0006,452,000
Creditors860,000596,000-256,000-1,155,000-890,0001,731,000-14,620,0005,728,0001,553,000-1,346,0005,708,0001,750,000596,0004,835,000
Accruals and Deferred Income2,110,0002,876,000-6,993,000-114,000-1,585,000-3,814,00034,495,000314,000658,000483,000409,000-333,00028,0003,020,000
Deferred Taxes & Provisions1,546,0001,027,000366,000204,000-100,000-45,000-90,000120,000153,00035,00089,000100,000-53,000254,000
Cash flow from operations13,084,00017,168,0008,386,000-2,579,0006,582,000-1,200,00014,019,0004,676,000640,000-276,0003,994,000837,000-1,425,000-5,880,000
Investing Activities
capital expenditure0000720,00025,0001,173,000340,0000-453,000-2,029,000-788,000-767,000-146,000
Change in Investments41,00018,0009,0009,0009,0007,00079,000005,00014,0000-14,00014,000
cash flow from investments-41,000-18,000-9,000-9,000711,00018,0001,094,000340,0000-458,000-2,043,000-788,000-753,000-160,000
Financing Activities
Bank loans0000000000-470,00026,000-939,0001,383,000
Group/Directors Accounts-154,000376,000593,0001,031,0000000-611,00080,000-102,000633,00000
Other Short Term Loans 2,736,000-3,811,0005,094,0001,113,000-1,028,0001,873,000254,000-291,0001,053,000-506,000-1,740,0002,949,000-318,0002,215,000
Long term loans-385,000-369,000-4,101,0003,722,0008,360,000-670,0003,883,000925,0002,152,000-367,000-476,000-480,000-459,0002,755,000
Hire Purchase and Lease Commitments2,733,0002,006,000-689,000-1,121,000729,000-737,000-11,917,0001,302,0002,177,0003,241,0002,962,000-2,513,0004,494,0005,031,000
other long term liabilities00000-375,000375,0000000000
share issue0000-95,000-4,00099,000-12,000000005,760,000
interest-1,419,000-882,000-1,091,000-1,432,000-993,000-872,000-681,000-575,000-471,000-371,000-441,000-553,000-610,000-653,000
cash flow from financing3,511,000-2,680,000-194,0003,313,0006,973,000-785,000-7,987,0001,349,0004,300,0002,077,000-267,00062,0002,168,00016,491,000
cash and cash equivalents
cash57,0003,997,000-145,000-1,039,0001,893,000-1,134,000-1,702,0001,913,000570,000-812,00055,00099,00076,000976,000
overdraft0-1,948,000-4,884,0004,771,000-6,439,0003,164,0003,516,000-66,000582,00022,000-191,000138,000100,0001,235,000
change in cash57,0005,945,0004,739,000-5,810,0008,332,000-4,298,000-5,218,0001,979,000-12,000-834,000246,000-39,000-24,000-259,000

P&L

December 2022

turnover

284.3m

+16%

operating profit

13.5m

+33%

gross margin

12.7%

+10.14%

turnover

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

Balance Sheet

December 2022

net assets

23.5m

+0.36%

total assets

97.4m

+0.19%

cash

4.8m

+0.01%

net assets

Total assets minus all liabilities

w.h.bowker limited company details

company number

00364757

Type

Private limited with Share Capital

industry

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

49410 - Freight transport by road

incorporation date

January 1941

age

83

accounts

Group

ultimate parent company

None

previous names

N/A

incorporated

UK

address

holme road, bamber bridge, preston, PR5 6BP

last accounts submitted

December 2022

w.h.bowker 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 found 23 charges/mortgages relating to w.h.bowker limited. Currently there are 5 open charges and 18 have been satisfied in the past.

charges

w.h.bowker limited Companies House Filings - See Documents

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