wittington investments limited

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wittington investments limited Company Information

Share WITTINGTON INVESTMENTS LIMITED

Company Number

00366054

Directors

George Weston

Guy Weston

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Shareholders

strand nominees limted a/c sn gwf

grosvenor limited

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Group Structure

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Industry

Activities of head offices

 

Registered Address

weston centre, 10 grosvenor street, london, W1K 4QY

wittington investments limited Estimated Valuation

£22.3b

Pomanda estimates the enterprise value of WITTINGTON INVESTMENTS LIMITED at £22.3b based on a Turnover of £20b and 1.11x industry multiple (adjusted for size and gross margin).

wittington investments limited Estimated Valuation

£20b

Pomanda estimates the enterprise value of WITTINGTON INVESTMENTS LIMITED at £20b based on an EBITDA of £2.3b and a 8.8x industry multiple (adjusted for size and gross margin).

wittington investments limited Estimated Valuation

£17.3b

Pomanda estimates the enterprise value of WITTINGTON INVESTMENTS LIMITED at £17.3b based on Net Assets of £8.2b and 2.11x industry multiple (adjusted for liquidity).

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Wittington Investments Limited Overview

Wittington Investments Limited is a live company located in london, W1K 4QY with a Companies House number of 00366054. It operates in the activities of head offices sector, SIC Code 70100. Founded in March 1941, it's largest shareholder is strand nominees limted a/c sn gwf with a 79.2% stake. Wittington Investments Limited is a mature, mega sized company, Pomanda has estimated its turnover at £20b with healthy growth in recent years.

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Wittington Investments Limited Health Check

Pomanda's financial health check has awarded Wittington Investments Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 7 measures and has 3 areas for improvement. Company Health Check FAQs

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Health Rating5out of 5
positive_score

7 Strong

positive_score

2 Regular

positive_score

3 Weak

size

Size

annual sales of £20b, make it larger than the average company (£19.8m)

£20b - Wittington Investments Limited

£19.8m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 12%, show it is growing at a faster rate (5.9%)

12% - Wittington Investments Limited

5.9% - Industry AVG

production

Production

with a gross margin of 33%, this company has a comparable cost of product (33%)

33% - Wittington Investments Limited

33% - Industry AVG

profitability

Profitability

an operating margin of 6.9% make it as profitable than the average company (5.8%)

6.9% - Wittington Investments Limited

5.8% - Industry AVG

employees

Employees

with 134881 employees, this is above the industry average (110)

134881 - Wittington Investments Limited

110 - Industry AVG

paystructure

Pay Structure

on an average salary of £23.9k, the company has a lower pay structure (£47.4k)

£23.9k - Wittington Investments Limited

£47.4k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £148.5k, this is less efficient (£196.8k)

£148.5k - Wittington Investments Limited

£196.8k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 24 days, this is earlier than average (46 days)

24 days - Wittington Investments Limited

46 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 32 days, this is quicker than average (43 days)

32 days - Wittington Investments Limited

43 days - Industry AVG

stockdays

Stock Days

it holds stock equivalent to 88 days, this is more than average (50 days)

88 days - Wittington Investments Limited

50 days - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 22 weeks, this is more cash available to meet short term requirements (16 weeks)

22 weeks - Wittington Investments Limited

16 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 37.1%, this is a lower level of debt than the average (55.8%)

37.1% - Wittington Investments Limited

55.8% - Industry AVG

WITTINGTON INVESTMENTS LIMITED financials

EXPORTms excel logo

Wittington Investments Limited's latest turnover from September 2023 is £20 billion and the company has net assets of £8.2 billion. According to their latest financial statements, Wittington Investments Limited has 134,881 employees and maintains cash reserves of £1.6 billion as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Sep 2023Sep 2022Sep 2021Sep 2020Sep 2019Sep 2018Sep 2017Sep 2016Sep 2015Sep 2014Sep 2013Sep 2012Sep 2011Sep 2010Sep 2009
Turnover20,028,000,00017,258,000,00014,079,000,00014,133,000,00016,025,000,00015,771,000,00015,526,000,00013,555,000,00012,943,000,00013,063,000,00013,417,000,00012,350,000,00011,159,000,00010,256,000,0009,333,000,000
Other Income Or Grants
Cost Of Sales13,411,024,06511,554,590,0619,613,397,8749,544,759,93510,843,672,14910,663,359,60810,531,413,6579,174,840,1608,902,962,8889,149,099,5119,418,052,4978,626,780,1387,790,423,9667,099,432,468
Gross Profit6,616,975,9355,703,409,9394,465,602,1264,588,240,0655,181,327,8515,107,640,3924,994,586,3434,380,159,8404,040,037,1123,913,900,4893,998,947,5033,723,219,8623,368,576,0343,156,567,532
Admin Expenses5,244,975,9354,495,409,9393,647,602,1263,817,240,0653,835,327,8513,811,640,3923,644,586,3433,256,159,8403,094,037,1122,822,900,4892,913,947,5032,847,219,8622,522,576,0342,334,567,532-610,000,000
Operating Profit1,372,000,0001,208,000,000818,000,000771,000,0001,346,000,0001,296,000,0001,350,000,0001,124,000,000946,000,0001,091,000,0001,085,000,000876,000,000846,000,000822,000,000610,000,000
Interest Payable131,000,000116,000,000114,000,000131,000,00049,000,00051,000,000166,000,000192,000,000304,000,000222,000,000240,000,000261,000,000245,000,000233,000,000237,000,000
Interest Receivable116,000,00044,000,000137,000,00023,000,00056,000,00022,000,000145,000,000164,000,000154,000,000171,000,000165,000,000179,000,000166,000,000152,000,000174,000,000
Pre-Tax Profit1,384,000,0001,153,000,000852,000,000655,000,0001,271,000,0001,252,000,0001,625,000,0001,085,000,000727,000,0001,044,000,000879,000,000782,000,000767,000,000779,000,000482,000,000
Tax-285,000,000-370,000,000-240,000,000-218,000,000-299,000,000-254,000,000-377,000,000-225,000,000-194,000,000-242,000,000-243,000,000-181,000,000-182,000,000-197,000,000-111,000,000
Profit After Tax1,099,000,000783,000,000612,000,000437,000,000972,000,000998,000,0001,248,000,000860,000,000533,000,000802,000,000636,000,000601,000,000585,000,000582,000,000371,000,000
Dividends Paid291,000,000284,000,000130,000,000104,000,000101,000,00092,000,00084,000,000109,000,00069,000,00063,000,00053,000,00051,000,00021,000,00073,000,000
Retained Profit327,000,000161,000,000245,000,000116,000,000454,000,000457,000,000605,000,000376,000,000234,000,000371,000,000275,000,000550,000,000564,000,000239,000,000185,000,000
Employee Costs3,222,000,0002,876,000,0002,687,000,0002,556,000,0002,806,000,0002,712,000,0002,585,000,0002,245,000,0002,091,000,0002,033,000,0001,971,000,0001,782,000,0001,632,000,0001,518,000,0001,314,000,000
Number Of Employees134,881133,895129,348135,024139,570138,387133,913131,211125,166119,371113,447107,046102,95197,69196,980
EBITDA*2,273,000,0002,095,000,0001,739,000,0001,519,000,0001,966,000,0001,879,000,0001,931,000,0001,614,000,0001,442,000,0001,595,000,0001,665,000,0001,492,000,0001,261,000,0001,238,000,000987,000,000

* Earnings Before Interest, Tax, Depreciation and Amortisation

Sep 2023Sep 2022Sep 2021Sep 2020Sep 2019Sep 2018Sep 2017Sep 2016Sep 2015Sep 2014Sep 2013Sep 2012Sep 2011Sep 2010Sep 2009
Tangible Assets10,759,000,00010,618,000,0009,936,000,0009,892,000,0006,822,000,0007,047,000,0006,564,000,0005,934,000,0005,325,000,0005,683,000,0005,743,000,0005,423,000,0005,342,000,0004,734,000,0004,196,000,000
Intangible Assets1,880,000,0001,879,000,0001,591,000,0001,640,000,0001,691,000,0001,640,000,0001,420,000,0001,353,000,0001,367,000,0001,467,000,0001,581,000,0001,769,000,0001,893,000,0001,925,000,0001,913,000,000
Investments & Other2,267,000,0002,173,000,0001,300,000,000620,000,000696,000,000468,000,000486,000,000477,000,000398,000,000392,000,000371,000,000361,000,000318,000,000252,000,000197,000,000
Debtors (Due After 1 year)281,000,000241,000,000312,000,000271,000,000223,000,00060,000,00054,000,00041,000,00023,000,000164,000,000148,000,000151,000,000203,000,000191,000,000140,000,000
Total Fixed Assets12,639,000,00012,497,000,00011,283,000,00011,318,000,0008,513,000,0008,687,000,0007,984,000,0007,287,000,0006,692,000,0007,150,000,0007,324,000,0007,192,000,0007,235,000,0006,659,000,0006,109,000,000
Stock & work in progress3,246,000,0003,296,000,0002,179,000,0002,168,000,0002,400,000,0002,200,000,0002,113,000,0002,056,000,0001,838,000,0001,645,000,0001,593,000,0001,511,000,0001,435,000,0001,248,000,0001,272,000,000
Trade Debtors1,330,000,0001,321,000,0001,032,000,0001,027,000,0001,088,000,0001,100,000,0001,053,000,0001,045,000,000915,000,0001,010,000,0001,212,000,0001,002,000,000960,000,000852,000,000870,000,000
Group Debtors
Misc Debtors477,000,000468,000,000356,000,000321,000,000370,000,000357,000,000313,000,000313,000,000281,000,000308,000,000148,000,000302,000,000228,000,000256,000,000
Cash1,596,000,0002,226,000,0002,509,000,0002,187,000,0001,951,000,0001,812,000,0001,877,000,000788,000,0001,141,000,000885,000,000637,000,000488,000,000555,000,000479,000,000533,000,000
misc current assets1,524,000,0001,823,000,0001,302,000,0001,378,000,0001,130,000,0001,102,000,000990,000,0001,274,000,000652,000,000686,000,000729,000,000950,000,000671,000,000662,000,000755,000,000
total current assets8,276,000,0009,255,000,0007,454,000,0007,154,000,0007,006,000,0006,571,000,0006,346,000,0005,476,000,0004,827,000,0004,534,000,0004,171,000,0004,099,000,0003,923,000,0003,469,000,0003,686,000,000
total assets20,915,000,00021,752,000,00018,737,000,00018,472,000,00015,519,000,00015,258,000,00014,330,000,00012,763,000,00011,519,000,00011,684,000,00011,495,000,00011,291,000,00011,158,000,00010,128,000,0009,795,000,000
Bank overdraft169,000,000157,000,000376,000,000156,000,000217,000,000421,000,000271,000,000289,000,000291,000,000356,000,000343,000,000383,000,000694,000,000299,000,000541,000,000
Bank loan39,000,0004,000,00053,000,00025,000,00037,000,00068,000,00043,000,000
Trade Creditors 1,191,000,0001,377,000,000952,000,000921,000,0001,162,000,0001,171,000,0001,242,000,0001,141,000,0001,033,000,000917,000,000909,000,000829,000,000793,000,000766,000,000670,000,000
Group/Directors Accounts
other short term finances62,000,000150,000,000
hp & lease commitments338,000,000320,000,000293,000,000301,000,0001,000,000
other current liabilities2,050,000,0002,264,000,0001,764,000,0001,830,000,0001,678,000,0001,702,000,0001,685,000,0001,795,000,0001,421,000,0001,444,000,0001,251,000,0001,241,000,0001,045,000,0001,007,000,0001,215,000,000
total current liabilities3,748,000,0004,118,000,0003,385,000,0003,208,000,0003,120,000,0003,294,000,0003,198,000,0003,225,000,0002,784,000,0002,721,000,0002,556,000,0002,628,000,0002,569,000,0002,140,000,0002,469,000,000
loans6,492,000,0006,872,000,0006,182,000,0007,466,000,000816,000,000802,000,0001,320,000,0001,286,000,0001,226,000,0001,312,000,0001,666,000,0001,952,000,0001,908,000,0001,682,000,0001,480,000,000
hp & lease commitments2,852,000,0002,955,000,0003,015,000,0003,368,000,00013,000,00013,000,00012,000,00012,000,00012,000,00012,000,00012,000,00012,000,00013,000,000
Accruals and Deferred Income271,000,000
other liabilities269,000,000216,000,000
provisions1,530,000,0001,552,000,0001,128,000,000850,000,0001,036,000,0001,034,000,000850,000,000944,000,000784,000,000862,000,0001,118,000,0001,038,000,0001,180,000,0001,250,000,0001,390,000,000
total long term liabilities4,011,000,0004,212,000,0003,655,000,0004,158,000,0001,197,000,0001,187,000,0001,301,000,0001,115,000,0001,005,000,0001,087,000,0001,392,000,0001,495,000,0001,544,000,0001,466,000,0001,510,000,000
total liabilities7,759,000,0008,330,000,0007,040,000,0007,366,000,0004,317,000,0004,481,000,0004,499,000,0004,340,000,0003,789,000,0003,808,000,0003,948,000,0004,123,000,0004,113,000,0003,606,000,0003,979,000,000
net assets8,195,000,0008,106,000,0007,099,000,0006,792,000,0006,830,000,0006,527,000,0005,966,000,0005,151,000,0004,669,000,0004,636,000,0004,387,000,0004,120,000,0004,000,000,0003,657,000,0003,324,000,000
total shareholders funds8,195,000,0008,106,000,0007,099,000,0006,792,000,0006,830,000,0006,527,000,0005,966,000,0005,151,000,0004,669,000,0004,636,000,0004,387,000,0004,120,000,0004,000,000,0003,657,000,0003,324,000,000
Sep 2023Sep 2022Sep 2021Sep 2020Sep 2019Sep 2018Sep 2017Sep 2016Sep 2015Sep 2014Sep 2013Sep 2012Sep 2011Sep 2010Sep 2009
Operating Activities
Operating Profit1,372,000,0001,208,000,000818,000,000771,000,0001,346,000,0001,296,000,0001,350,000,0001,124,000,000946,000,0001,091,000,0001,085,000,000876,000,000846,000,000822,000,000610,000,000
Depreciation815,000,000816,000,000845,000,000634,000,000551,000,000516,000,000522,000,000441,000,000415,000,000406,000,000436,000,000488,000,000319,000,000327,000,000292,000,000
Amortisation86,000,00071,000,00076,000,000114,000,00069,000,00067,000,00059,000,00049,000,00081,000,00098,000,000144,000,000128,000,00096,000,00089,000,00085,000,000
Tax-285,000,000-370,000,000-240,000,000-218,000,000-299,000,000-254,000,000-377,000,000-225,000,000-194,000,000-242,000,000-243,000,000-181,000,000-182,000,000-197,000,000-111,000,000
Stock-50,000,0001,117,000,00011,000,000-232,000,000200,000,00087,000,00057,000,000218,000,000193,000,00052,000,00082,000,00076,000,000187,000,000-24,000,0001,272,000,000
Debtors58,000,000330,000,00081,000,000-62,000,000164,000,00097,000,00021,000,000180,000,000-263,000,000122,000,00059,000,000-164,000,000194,000,0005,000,0001,266,000,000
Creditors-186,000,000425,000,00031,000,000-241,000,000-9,000,000-71,000,000101,000,000108,000,000116,000,0008,000,00080,000,00036,000,00027,000,00096,000,000670,000,000
Accruals and Deferred Income-214,000,000500,000,000-66,000,000-119,000,000247,000,00017,000,000-110,000,000374,000,000-23,000,000193,000,00010,000,000196,000,00038,000,000-208,000,0001,215,000,000
Deferred Taxes & Provisions-22,000,000424,000,000278,000,000-186,000,0002,000,000184,000,000-94,000,000160,000,000-78,000,000-256,000,00080,000,000-142,000,000-70,000,000-140,000,0001,390,000,000
Cash flow from operations1,558,000,0001,627,000,0001,650,000,0001,049,000,0001,543,000,0001,571,000,0001,373,000,0001,633,000,0001,333,000,0001,124,000,0001,451,000,0001,489,000,000693,000,000808,000,0001,613,000,000
Investing Activities
capital expenditure-1,043,000,000-1,857,000,000-916,000,000-3,767,000,000-446,000,000-1,286,000,000-1,278,000,000-1,085,000,000-38,000,000-330,000,000-712,000,000-573,000,000-991,000,000-966,000,000-6,486,000,000
Change in Investments94,000,000873,000,000680,000,000-76,000,000228,000,000-18,000,0009,000,00079,000,0006,000,00021,000,00010,000,00043,000,00066,000,00055,000,000197,000,000
cash flow from investments-1,137,000,000-2,730,000,000-1,596,000,000-3,691,000,000-674,000,000-1,268,000,000-1,287,000,000-1,164,000,000-44,000,000-351,000,000-722,000,000-616,000,000-1,057,000,000-1,021,000,000-6,683,000,000
Financing Activities
Bank loans-39,000,00035,000,000-49,000,00028,000,000-12,000,000-31,000,00025,000,00043,000,000
Group/Directors Accounts
Other Short Term Loans -62,000,00062,000,000-150,000,000150,000,000
Long term loans-380,000,000690,000,000-1,284,000,0006,650,000,00014,000,000-518,000,00034,000,00060,000,000-86,000,000-354,000,000-286,000,00044,000,000226,000,000202,000,0001,480,000,000
Hire Purchase and Lease Commitments-85,000,000-33,000,000-361,000,0003,655,000,00014,000,000-13,000,0001,000,000-1,000,00013,000,000
other long term liabilities-269,000,00053,000,000216,000,000
share issue-238,000,000846,000,00062,000,000-154,000,000-151,000,000104,000,000210,000,000106,000,000-201,000,000-122,000,000-8,000,000-430,000,000-221,000,00094,000,0003,139,000,000
interest-15,000,000-72,000,00023,000,000-108,000,0007,000,000-29,000,000-21,000,000-28,000,000-150,000,000-51,000,000-75,000,000-82,000,000-79,000,000-81,000,000-63,000,000
cash flow from financing-718,000,0001,431,000,000-1,560,000,0009,981,000,000-323,000,000-390,000,000426,000,000100,000,000-402,000,000-576,000,000-491,000,000-330,000,000-105,000,000239,000,0004,612,000,000
cash and cash equivalents
cash-630,000,000-283,000,000322,000,000236,000,000139,000,000-65,000,0001,089,000,000-353,000,000256,000,000248,000,000149,000,000-67,000,00076,000,000-54,000,000533,000,000
overdraft12,000,000-219,000,000220,000,000-61,000,000-204,000,000150,000,000-18,000,000-2,000,000-65,000,00013,000,000-40,000,000-311,000,000395,000,000-242,000,000541,000,000
change in cash-642,000,000-64,000,000102,000,000297,000,000343,000,000-215,000,0001,107,000,000-351,000,000321,000,000235,000,000189,000,000244,000,000-319,000,000188,000,000-8,000,000

wittington investments limited Credit Report and Business Information

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Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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Wittington Investments Limited Competitor Analysis

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Perform a competitor analysis for wittington investments limited by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other mega companies, companies in W1K area or any other competitors across 12 key performance metrics.

wittington investments limited Ownership

WITTINGTON INVESTMENTS LIMITED group structure

Wittington Investments Limited has 37 subsidiary companies.

Ultimate parent company

WITTINGTON INVESTMENTS LIMITED

00366054

37 subsidiaries

WITTINGTON INVESTMENTS LIMITED Shareholders

strand nominees limted a/c sn gwf 79.24%
grosvenor limited 6.08%
one-ten yorkville limited 2.14%
wittington portland murdoch lp 1.85%
1000336077 ontario inc 0.9%
1000336076 ontario inc 0.9%
guy c limited 0.62%
trustee of trust u/a dated 9/14/94 by nicolas bauta 0.57%
trustee of the mary weston grandchildrens settlement 0.55%
mr garth john weston 0.51%

wittington investments limited directors

Wittington Investments Limited currently has 11 directors. The longest serving directors include Mr George Weston (Aug 1993) and Mr Guy Weston (Aug 1993).

officercountryagestartendrole
Mr George WestonEngland61 years Aug 1993- Director
Mr Guy Weston64 years Aug 1993- Director
Mrs Anna HobhouseEngland62 years Oct 2000- Director
Sir Harry Djanogly86 years Mar 2006- Director
Mrs Emma AdamoUnited Kingdom61 years Nov 2011- Director
Mr Charles Mason58 years Nov 2012- Director
Mr Garth WestonAustralia56 years Dec 2015- Director
Mr Martin Hattrell63 years Jul 2018- Director
Mr Graham Weston61 years Dec 2019- Director
Mr Lindsay Pearson51 years Sep 2021- Director

P&L

September 2023

turnover

20b

+16%

operating profit

1.4b

+14%

gross margin

33.1%

-0.03%

turnover

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

Balance Sheet

September 2023

net assets

8.2b

+0.01%

total assets

20.9b

-0.04%

cash

1.6b

-0.28%

net assets

Total assets minus all liabilities

wittington investments limited company details

company number

00366054

Type

Private limited with Share Capital

industry

70100 - Activities of head offices

incorporation date

March 1941

age

84

incorporated

UK

ultimate parent company

None

accounts

Group

last accounts submitted

September 2023

previous names

N/A

accountant

-

auditor

ERNST & YOUNG LLP

address

weston centre, 10 grosvenor street, london, W1K 4QY

Bank

BANK OF SCOTLAND

Legal Advisor

-

wittington investments 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 wittington investments limited.

wittington investments 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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wittington investments limited Companies House Filings - See Documents

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