wire-fittings limited
wire-fittings limited Company Information
Company Number
00705207
Next Accounts
Oct 2025
Directors
Shareholders
desmond whitehouse
james hadley
Group Structure
View All
Industry
Manufacture of wire products, chain and springs
Registered Address
unit 22 lowley road, pennygillam industrial estate, launceston, PL15 7PY
Website
www.wirefittings.co.ukwire-fittings limited Estimated Valuation
Pomanda estimates the enterprise value of WIRE-FITTINGS LIMITED at £40.7k based on a Turnover of £121.9k and 0.33x industry multiple (adjusted for size and gross margin).
wire-fittings limited Estimated Valuation
Pomanda estimates the enterprise value of WIRE-FITTINGS LIMITED at £3 based on an EBITDA of £1 and a 2.78x industry multiple (adjusted for size and gross margin).
wire-fittings limited Estimated Valuation
Pomanda estimates the enterprise value of WIRE-FITTINGS LIMITED at £0 based on Net Assets of £-6.6k and 1.93x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Wire-fittings Limited Overview
Wire-fittings Limited is a live company located in launceston, PL15 7PY with a Companies House number of 00705207. It operates in the manufacture of wire products, chain and springs sector, SIC Code 25930. Founded in October 1961, it's largest shareholder is desmond whitehouse with a 50% stake. Wire-fittings Limited is a mature, micro sized company, Pomanda has estimated its turnover at £121.9k with declining growth in recent years.
Upgrade for unlimited company reports & a free credit check
Wire-fittings Limited Health Check
Pomanda's financial health check has awarded Wire-Fittings Limited a 1 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
2 Regular
7 Weak
Size
annual sales of £121.9k, make it smaller than the average company (£14.9m)
- Wire-fittings Limited
£14.9m - Industry AVG
Growth
3 year (CAGR) sales growth of -29%, show it is growing at a slower rate (8.5%)
- Wire-fittings Limited
8.5% - Industry AVG
Production
with a gross margin of 20.7%, this company has a higher cost of product (29.4%)
- Wire-fittings Limited
29.4% - Industry AVG
Profitability
an operating margin of 0% make it less profitable than the average company (6.7%)
- Wire-fittings Limited
6.7% - Industry AVG
Employees
with 3 employees, this is below the industry average (63)
3 - Wire-fittings Limited
63 - Industry AVG
Pay Structure
on an average salary of £42.2k, the company has an equivalent pay structure (£42.2k)
- Wire-fittings Limited
£42.2k - Industry AVG
Efficiency
resulting in sales per employee of £40.6k, this is less efficient (£171k)
- Wire-fittings Limited
£171k - Industry AVG
Debtor Days
it gets paid by customers after 13 days, this is earlier than average (53 days)
- Wire-fittings Limited
53 days - Industry AVG
Creditor Days
its suppliers are paid after 42 days, this is close to average (43 days)
- Wire-fittings Limited
43 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Wire-fittings Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Wire-fittings Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 247.2%, this is a higher level of debt than the average (35.8%)
247.2% - Wire-fittings Limited
35.8% - Industry AVG
WIRE-FITTINGS LIMITED financials
Wire-Fittings Limited's latest turnover from January 2024 is estimated at £121.9 thousand and the company has net assets of -£6.6 thousand. According to their latest financial statements, Wire-Fittings Limited has 3 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jan 2024 | Jan 2023 | Jan 2022 | Jan 2021 | Jan 2020 | Jan 2019 | Jan 2018 | Jan 2017 | Jan 2016 | Jan 2015 | Jan 2014 | Jan 2013 | Jan 2012 | Jan 2011 | Jan 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 | 3 | ||||||||||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jan 2024 | Jan 2023 | Jan 2022 | Jan 2021 | Jan 2020 | Jan 2019 | Jan 2018 | Jan 2017 | Jan 2016 | Jan 2015 | Jan 2014 | Jan 2013 | Jan 2012 | Jan 2011 | Jan 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | |||||||||||||||
| Intangible Assets | |||||||||||||||
| Investments & Other | |||||||||||||||
| Debtors (Due After 1 year) | |||||||||||||||
| Total Fixed Assets | |||||||||||||||
| Stock & work in progress | |||||||||||||||
| Trade Debtors | 4,506 | 39,559 | 202,709 | 89,004 | 126,618 | 200 | 200 | 200 | 200 | 200 | 200 | 200 | 200 | 200 | |
| Group Debtors | |||||||||||||||
| Misc Debtors | |||||||||||||||
| Cash | |||||||||||||||
| misc current assets | |||||||||||||||
| total current assets | 4,506 | 39,559 | 202,709 | 89,004 | 126,618 | 200 | 200 | 200 | 200 | 200 | 200 | 200 | 200 | 200 | |
| total assets | 4,506 | 39,559 | 202,709 | 89,004 | 126,618 | 200 | 200 | 200 | 200 | 200 | 200 | 200 | 200 | 200 | |
| Bank overdraft | |||||||||||||||
| Bank loan | |||||||||||||||
| Trade Creditors | 11,138 | 46,192 | 165,425 | 63,326 | 103,807 | ||||||||||
| Group/Directors Accounts | |||||||||||||||
| other short term finances | |||||||||||||||
| hp & lease commitments | |||||||||||||||
| other current liabilities | |||||||||||||||
| total current liabilities | 11,138 | 46,192 | 165,425 | 63,326 | 103,807 | ||||||||||
| loans | |||||||||||||||
| hp & lease commitments | |||||||||||||||
| Accruals and Deferred Income | 1,000 | 1,000 | 1,000 | ||||||||||||
| other liabilities | |||||||||||||||
| provisions | |||||||||||||||
| total long term liabilities | 1,000 | 1,000 | 1,000 | ||||||||||||
| total liabilities | 11,138 | 46,192 | 166,425 | 64,326 | 104,807 | ||||||||||
| net assets | -6,632 | -6,633 | 36,284 | 24,678 | 21,811 | 200 | 200 | 200 | 200 | 200 | 200 | 200 | 200 | 200 | |
| total shareholders funds | -6,632 | -6,633 | 36,284 | 24,678 | 21,811 | 200 | 200 | 200 | 200 | 200 | 200 | 200 | 200 | 200 |
| Jan 2024 | Jan 2023 | Jan 2022 | Jan 2021 | Jan 2020 | Jan 2019 | Jan 2018 | Jan 2017 | Jan 2016 | Jan 2015 | Jan 2014 | Jan 2013 | Jan 2012 | Jan 2011 | Jan 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | |||||||||||||||
| Depreciation | |||||||||||||||
| Amortisation | |||||||||||||||
| Tax | |||||||||||||||
| Stock | |||||||||||||||
| Debtors | -35,053 | -163,150 | 113,705 | -37,614 | 126,418 | 200 | -200 | 200 | |||||||
| Creditors | -35,054 | -119,233 | 102,099 | -40,481 | 103,807 | ||||||||||
| Accruals and Deferred Income | -1,000 | 1,000 | |||||||||||||
| Deferred Taxes & Provisions | |||||||||||||||
| Cash flow from operations | |||||||||||||||
| Investing Activities | |||||||||||||||
| capital expenditure | |||||||||||||||
| Change in Investments | |||||||||||||||
| cash flow from investments | |||||||||||||||
| Financing Activities | |||||||||||||||
| Bank loans | |||||||||||||||
| Group/Directors Accounts | |||||||||||||||
| Other Short Term Loans | |||||||||||||||
| Long term loans | |||||||||||||||
| Hire Purchase and Lease Commitments | |||||||||||||||
| other long term liabilities | |||||||||||||||
| share issue | |||||||||||||||
| interest | |||||||||||||||
| cash flow from financing | |||||||||||||||
| cash and cash equivalents | |||||||||||||||
| cash | |||||||||||||||
| overdraft | |||||||||||||||
| change in cash |
wire-fittings limited Credit Report and Business Information
Wire-fittings Limited Competitor Analysis
Perform a competitor analysis for wire-fittings limited by selecting its closest rivals, whether from the MANUFACTURING sector, other micro companies, companies in PL15 area or any other competitors across 12 key performance metrics.
wire-fittings limited Ownership
WIRE-FITTINGS LIMITED group structure
Wire-Fittings Limited has no subsidiary companies.
Ultimate parent company
WIRE-FITTINGS LIMITED
00705207
wire-fittings limited directors
Wire-Fittings Limited currently has 1 director, Miss Emma Hutton serving since Jan 2023.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Miss Emma Hutton | England | 46 years | Jan 2023 | - | Director |
P&L
January 2024turnover
121.9k
-36%
operating profit
1.3
0%
gross margin
20.7%
-8.19%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
January 2024net assets
-6.6k
0%
total assets
4.5k
-0.89%
cash
0
0%
net assets
Total assets minus all liabilities
Similar Companies
wire-fittings limited company details
company number
00705207
Type
Private limited with Share Capital
industry
25930 - Manufacture of wire products, chain and springs
incorporation date
October 1961
age
64
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
January 2024
previous names
N/A
accountant
-
auditor
-
address
unit 22 lowley road, pennygillam industrial estate, launceston, PL15 7PY
Bank
NATIONAL WESTMINSTER BANK PLC
Legal Advisor
-
wire-fittings 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 7 charges/mortgages relating to wire-fittings limited. Currently there are 0 open charges and 7 have been satisfied in the past.
wire-fittings 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.
Click to start generating capital raising & share issue transactions for WIRE-FITTINGS LIMITED. This can take several minutes, an email will notify you when this has completed.
wire-fittings limited Companies House Filings - See Documents
| date | description | view/download |
|---|
