w. howard limited Company Information
Company Number
00996161
Website
http://www.whoward.euRegistered Address
lower green lane astley, tyldesley, manchester, M29 7JZ
Industry
Manufacture of other products of wood; manufacture of articles of cork, straw and plaiting materials
Telephone
01942881900
Next Accounts Due
September 2025
Group Structure
View All
Shareholders
w howard group ltd 100%
w. howard limited Estimated Valuation
Pomanda estimates the enterprise value of W. HOWARD LIMITED at £15.2m based on a Turnover of £21.3m and 0.71x industry multiple (adjusted for size and gross margin).
w. howard limited Estimated Valuation
Pomanda estimates the enterprise value of W. HOWARD LIMITED at £12.1m based on an EBITDA of £1.8m and a 6.7x industry multiple (adjusted for size and gross margin).
w. howard limited Estimated Valuation
Pomanda estimates the enterprise value of W. HOWARD LIMITED at £14.2m based on Net Assets of £9m and 1.58x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
W. Howard Limited Overview
W. Howard Limited is a live company located in manchester, M29 7JZ with a Companies House number of 00996161. It operates in the manufacture of other products of wood sector, SIC Code 16290. Founded in December 1970, it's largest shareholder is w howard group ltd with a 100% stake. W. Howard Limited is a mature, large sized company, Pomanda has estimated its turnover at £21.3m with low growth in recent years.
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W. Howard Limited Health Check
Pomanda's financial health check has awarded W. Howard Limited a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 4 areas for improvement. Company Health Check FAQs
5 Strong
3 Regular
4 Weak
Size
annual sales of £21.3m, make it larger than the average company (£14.1m)
£21.3m - W. Howard Limited
£14.1m - Industry AVG
Growth
3 year (CAGR) sales growth of 3%, show it is growing at a slower rate (7%)
3% - W. Howard Limited
7% - Industry AVG
Production
with a gross margin of 35%, this company has a comparable cost of product (29.5%)
35% - W. Howard Limited
29.5% - Industry AVG
Profitability
an operating margin of 5.5% make it less profitable than the average company (7.4%)
5.5% - W. Howard Limited
7.4% - Industry AVG
Employees
with 102 employees, this is above the industry average (73)
102 - W. Howard Limited
73 - Industry AVG
Pay Structure
on an average salary of £38.9k, the company has an equivalent pay structure (£35.9k)
£38.9k - W. Howard Limited
£35.9k - Industry AVG
Efficiency
resulting in sales per employee of £208.9k, this is more efficient (£157k)
£208.9k - W. Howard Limited
£157k - Industry AVG
Debtor Days
it gets paid by customers after 48 days, this is near the average (44 days)
48 days - W. Howard Limited
44 days - Industry AVG
Creditor Days
its suppliers are paid after 6 days, this is quicker than average (37 days)
6 days - W. Howard Limited
37 days - Industry AVG
Stock Days
it holds stock equivalent to 32 days, this is less than average (60 days)
32 days - W. Howard Limited
60 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 9 weeks, this is less cash available to meet short term requirements (15 weeks)
9 weeks - W. Howard Limited
15 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 31%, this is a lower level of debt than the average (45.7%)
31% - W. Howard Limited
45.7% - Industry AVG
W. HOWARD LIMITED financials
W. Howard Limited's latest turnover from December 2023 is £21.3 million and the company has net assets of £9 million. According to their latest financial statements, W. Howard Limited has 102 employees and maintains cash reserves of £503.7 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Turnover | 21,308,242 | 29,918,140 | 26,636,578 | 19,271,457 | 20,858,982 | 19,534,774 | 17,413,060 | 16,376,897 | 16,453,835 | 15,842,200 | 13,756,196 | 15,731,490 | 13,760,811 | 11,963,083 | |
Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||||||
Cost Of Sales | 13,847,353 | 19,904,830 | 16,179,077 | 13,264,760 | 13,869,215 | 13,552,582 | 11,814,997 | 10,643,099 | 10,746,302 | ||||||
Gross Profit | 7,460,889 | 10,013,310 | 10,457,501 | 6,006,697 | 6,989,767 | 5,982,192 | 5,598,063 | 5,733,798 | 5,707,533 | 4,210,762 | |||||
Admin Expenses | 6,284,879 | 7,395,723 | 6,907,167 | 5,299,356 | 5,924,379 | 5,065,349 | 4,552,949 | 4,535,362 | 4,570,896 | 3,950,606 | |||||
Operating Profit | 1,176,010 | 2,617,587 | 3,550,334 | 707,341 | 1,065,388 | 916,843 | 1,045,114 | 1,198,436 | 1,136,637 | 844,426 | 527,783 | 427,695 | 549,736 | 195,660 | 260,156 |
Interest Payable | 202,325 | 174,199 | 150,798 | 131,854 | 144,912 | 137,662 | 112,071 | 109,737 | 106,037 | 89,361 | 80,784 | 76,194 | 49,503 | 62,969 | 43,296 |
Interest Receivable | 12,000 | 12,000 | 12,000 | 12,000 | 15,421 | 12,031 | 12,000 | 31,238 | 30,342 | 12,000 | 12,000 | 10,202 | 10,200 | 21,785 | 14,667 |
Pre-Tax Profit | 985,685 | 2,455,388 | 3,411,536 | 587,487 | 935,897 | 791,212 | 945,043 | 1,119,937 | 1,060,942 | 767,065 | 458,999 | 361,703 | 510,433 | 154,476 | 231,527 |
Tax | -233,076 | -437,721 | -689,900 | -181,754 | -200,225 | -191,307 | -117,289 | -154,514 | -107,024 | -110,768 | 17,472 | 8,345 | -33,509 | -1,583 | -72,821 |
Profit After Tax | 752,609 | 2,017,667 | 2,721,636 | 405,733 | 735,672 | 599,905 | 827,754 | 965,423 | 953,918 | 656,297 | 476,471 | 370,048 | 476,924 | 152,893 | 158,706 |
Dividends Paid | 416,508 | 747,408 | 728,889 | 208,254 | 416,508 | 416,508 | 416,508 | 416,508 | 416,508 | 416,508 | 312,381 | 312,381 | 357,516 | 0 | 0 |
Retained Profit | 336,101 | 1,270,259 | 1,992,747 | 197,479 | 319,164 | 183,397 | 411,246 | 548,915 | 537,410 | 239,789 | 164,090 | 57,667 | 119,408 | 152,893 | 158,706 |
Employee Costs | 3,967,085 | 4,274,810 | 4,599,082 | 3,533,744 | 3,040,609 | 2,848,823 | 2,904,996 | 3,095,216 | 2,686,621 | 2,510,678 | 2,120,130 | 2,580,283 | 2,309,683 | 2,494,078 | 2,482,668 |
Number Of Employees | 102 | 109 | 116 | 121 | 98 | 95 | 111 | 112 | 94 | 92 | 86 | 102 | 93 | 86 | 81 |
EBITDA* | 1,803,041 | 3,330,383 | 4,104,602 | 1,256,486 | 1,512,105 | 1,272,071 | 1,443,976 | 1,620,440 | 1,520,470 | 1,182,756 | 863,741 | 789,349 | 913,296 | 503,958 | 691,848 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Tangible Assets | 3,706,205 | 3,997,332 | 3,357,402 | 3,480,636 | 3,049,984 | 2,787,216 | 2,666,590 | 2,930,970 | 2,992,377 | 2,932,358 | 2,614,921 | 2,744,368 | 2,789,238 | 2,906,567 | 2,906,118 |
Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Investments & Other | 429,306 | 429,306 | 429,426 | 429,426 | 408,165 | 385,665 | 540,915 | 663,915 | 706,665 | 500,500 | 73,000 | 0 | 0 | 0 | 0 |
Debtors (Due After 1 year) | 1,512,405 | 1,561,535 | 56,600 | 0 | 0 | 0 | 0 | 0 | 0 | 886,556 | 552,048 | 567,352 | 409,240 | 509,422 | 8,003 |
Total Fixed Assets | 5,647,916 | 5,988,173 | 3,843,428 | 3,910,062 | 3,458,149 | 3,172,881 | 3,207,505 | 3,594,885 | 3,699,042 | 4,319,414 | 3,239,969 | 3,311,720 | 3,198,478 | 3,415,989 | 2,914,121 |
Stock & work in progress | 1,241,710 | 3,471,054 | 5,010,421 | 1,091,937 | 1,226,419 | 1,138,203 | 933,035 | 661,085 | 623,210 | 684,563 | 701,692 | 1,177,622 | 743,447 | 619,863 | 510,318 |
Trade Debtors | 2,812,015 | 4,499,899 | 4,577,462 | 5,360,574 | 4,383,405 | 4,842,227 | 3,851,200 | 4,423,999 | 4,387,909 | 4,070,983 | 3,626,965 | 3,884,936 | 2,826,307 | 2,559,308 | 2,221,424 |
Group Debtors | 1,363,718 | 1,381,441 | 1,944,775 | 2,889,085 | 2,674,598 | 2,788,058 | 2,528,402 | 2,385,338 | 1,796,277 | 0 | 0 | 0 | 0 | 0 | 279,892 |
Misc Debtors | 1,503,806 | 1,189,836 | 1,283,113 | 1,041,867 | 1,544,033 | 2,280,255 | 2,328,931 | 1,273,913 | 847,836 | 600,784 | 797,651 | 993,514 | 830,025 | 746,693 | 1,045,968 |
Cash | 503,692 | 154,260 | 562,184 | 726,454 | 3,917 | 235,787 | 243,694 | 272,172 | 152,610 | 145,249 | 184,165 | 244,933 | 500 | 1,481 | 1,481 |
misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total current assets | 7,424,941 | 10,696,490 | 13,377,955 | 11,109,917 | 9,832,372 | 11,284,530 | 9,885,262 | 9,016,507 | 7,807,842 | 5,501,579 | 5,310,473 | 6,301,005 | 4,400,279 | 3,927,345 | 4,059,083 |
total assets | 13,072,857 | 16,684,663 | 17,221,383 | 15,019,979 | 13,290,521 | 14,457,411 | 13,092,767 | 12,611,392 | 11,506,884 | 9,820,993 | 8,550,442 | 9,612,725 | 7,598,757 | 7,343,334 | 6,973,204 |
Bank overdraft | 350,000 | 3,121,073 | 3,183,178 | 3,735,141 | 3,365,581 | 4,126,962 | 3,137,883 | 3,080,398 | 2,941,742 | 3,078,234 | 2,902,629 | 2,779,307 | 1,455,599 | 1,555,670 | 1,376,707 |
Bank loan | 0 | 0 | 0 | 233,333 | 6,825 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Trade Creditors | 255,182 | 272,999 | 1,857,639 | 1,351,108 | 1,738,523 | 2,339,986 | 1,551,888 | 730,702 | 681,988 | 477,127 | 360,514 | 1,766,350 | 1,541,294 | 1,399,012 | 1,139,230 |
Group/Directors Accounts | 0 | 0 | 108,990 | 0 | 13,840 | 100,783 | 3,057 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
hp & lease commitments | 340,405 | 481,514 | 109,727 | 109,768 | 115,967 | 255,641 | 262,141 | 289,106 | 228,377 | 138,061 | 67,423 | 52,061 | 82,169 | 226,663 | 272,044 |
other current liabilities | 1,756,994 | 2,383,896 | 2,707,297 | 2,039,243 | 2,134,868 | 2,246,235 | 2,648,007 | 2,985,662 | 2,513,985 | 2,036,933 | 1,586,283 | 1,709,239 | 1,181,266 | 939,150 | 933,492 |
total current liabilities | 2,702,581 | 6,259,482 | 7,966,831 | 7,468,593 | 7,375,604 | 9,069,607 | 7,602,976 | 7,085,868 | 6,366,092 | 5,730,355 | 4,916,849 | 6,306,957 | 4,260,328 | 4,120,495 | 3,721,473 |
loans | 484,580 | 816,667 | 1,166,667 | 1,516,667 | 94,695 | 103,476 | 203,170 | 381,052 | 547,599 | 214,356 | 259,542 | 88,278 | 119,446 | 142,065 | 168,498 |
hp & lease commitments | 316,361 | 274,712 | 128,667 | 190,187 | 281,311 | 106,265 | 292,089 | 497,414 | 479,326 | 276,113 | 72,890 | 62,656 | 77,155 | 66,043 | 212,478 |
Accruals and Deferred Income | 0 | 0 | 23,207 | 23,207 | 23,207 | 38,677 | 38,677 | 38,677 | 0 | 0 | 0 | 22,496 | 32,996 | 0 | 0 |
other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
provisions | 553,754 | 654,322 | 526,790 | 404,851 | 296,709 | 239,555 | 239,421 | 303,193 | 320,417 | 379,810 | 310,091 | 317,354 | 351,515 | 333,326 | 331,743 |
total long term liabilities | 1,354,695 | 1,745,701 | 1,845,331 | 2,134,912 | 695,922 | 487,973 | 773,357 | 1,220,336 | 1,347,342 | 870,279 | 642,523 | 490,784 | 581,112 | 541,434 | 712,719 |
total liabilities | 4,057,276 | 8,005,183 | 9,812,162 | 9,603,505 | 8,071,526 | 9,557,580 | 8,376,333 | 8,306,204 | 7,713,434 | 6,600,634 | 5,559,372 | 6,797,741 | 4,841,440 | 4,661,929 | 4,434,192 |
net assets | 9,015,581 | 8,679,480 | 7,409,221 | 5,416,474 | 5,218,995 | 4,899,831 | 4,716,434 | 4,305,188 | 3,793,450 | 3,220,359 | 2,991,070 | 2,814,984 | 2,757,317 | 2,681,405 | 2,539,012 |
total shareholders funds | 9,015,581 | 8,679,480 | 7,409,221 | 5,416,474 | 5,218,995 | 4,899,831 | 4,716,434 | 4,305,188 | 3,793,450 | 3,220,359 | 2,991,070 | 2,814,984 | 2,757,317 | 2,681,405 | 2,539,012 |
Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Operating Activities | |||||||||||||||
Operating Profit | 1,176,010 | 2,617,587 | 3,550,334 | 707,341 | 1,065,388 | 916,843 | 1,045,114 | 1,198,436 | 1,136,637 | 844,426 | 527,783 | 427,695 | 549,736 | 195,660 | 260,156 |
Depreciation | 627,031 | 712,796 | 554,268 | 549,145 | 446,717 | 355,228 | 398,862 | 422,004 | 383,833 | 338,330 | 335,958 | 361,654 | 363,560 | 308,298 | 431,692 |
Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Tax | -233,076 | -437,721 | -689,900 | -181,754 | -200,225 | -191,307 | -117,289 | -154,514 | -107,024 | -110,768 | 17,472 | 8,345 | -33,509 | -1,583 | -72,821 |
Stock | -2,229,344 | -1,539,367 | 3,918,484 | -134,482 | 88,216 | 205,168 | 271,950 | 37,875 | -61,353 | -17,129 | -475,930 | 434,175 | 123,584 | 109,545 | 510,318 |
Debtors | -1,440,767 | 770,761 | -1,429,576 | 689,490 | -1,308,504 | 1,202,007 | 625,283 | 1,051,228 | 1,473,699 | 581,659 | -469,138 | 1,380,230 | 250,149 | 260,136 | 3,555,287 |
Creditors | -17,817 | -1,584,640 | 506,531 | -387,415 | -601,463 | 788,098 | 821,186 | 48,714 | 204,861 | 116,613 | -1,405,836 | 225,056 | 142,282 | 259,782 | 1,139,230 |
Accruals and Deferred Income | -626,902 | -346,608 | 668,054 | -95,625 | -126,837 | -401,772 | -337,655 | 510,354 | 477,052 | 450,650 | -145,452 | 517,473 | 275,112 | 5,658 | 933,492 |
Deferred Taxes & Provisions | -100,568 | 127,532 | 121,939 | 108,142 | 57,154 | 134 | -63,772 | -17,224 | -59,393 | 69,719 | -7,263 | -34,161 | 18,189 | 1,583 | 331,743 |
Cash flow from operations | 4,494,789 | 1,857,552 | 2,222,318 | 144,826 | 1,861,022 | 60,049 | 849,213 | 918,667 | 623,620 | 1,144,440 | 267,730 | -308,343 | 941,637 | 399,717 | -1,042,113 |
Investing Activities | |||||||||||||||
capital expenditure | -226,598 | -277,322 | |||||||||||||
Change in Investments | 0 | -120 | 0 | 21,261 | 22,500 | -155,250 | -123,000 | -42,750 | 206,165 | 427,500 | 73,000 | 0 | 0 | 0 | 0 |
cash flow from investments | -226,598 | -277,322 | |||||||||||||
Financing Activities | |||||||||||||||
Bank loans | 0 | 0 | -233,333 | 226,508 | 6,825 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Group/Directors Accounts | 0 | -108,990 | 108,990 | -13,840 | -86,943 | 97,726 | 3,057 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Long term loans | -332,087 | -350,000 | -350,000 | 1,421,972 | -8,781 | -99,694 | -177,882 | -166,547 | 333,243 | -45,186 | 171,264 | -31,168 | -22,619 | -26,433 | 168,498 |
Hire Purchase and Lease Commitments | -99,460 | 517,832 | -61,561 | -97,323 | 35,372 | -192,324 | -232,290 | 78,817 | 293,529 | 273,861 | 25,596 | -44,607 | -133,382 | -191,816 | 484,522 |
other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
share issue | |||||||||||||||
interest | -190,325 | -162,199 | -138,798 | -119,854 | -129,491 | -125,631 | -100,071 | -78,499 | -75,695 | -77,361 | -68,784 | -65,992 | -39,303 | -41,184 | -28,629 |
cash flow from financing | -621,872 | -103,357 | -674,702 | 1,417,463 | -183,018 | -319,923 | -507,186 | -203,406 | 586,758 | 140,814 | 140,072 | -141,767 | -238,800 | -269,933 | 3,004,697 |
cash and cash equivalents | |||||||||||||||
cash | 349,432 | -407,924 | -164,270 | 722,537 | -231,870 | -7,907 | -28,478 | 119,562 | 7,361 | -38,916 | -60,768 | 244,433 | -981 | 0 | 1,481 |
overdraft | -2,771,073 | -62,105 | -551,963 | 369,560 | -761,381 | 989,079 | 57,485 | 138,656 | -136,492 | 175,605 | 123,322 | 1,323,708 | -100,071 | 178,963 | 1,376,707 |
change in cash | 3,120,505 | -345,819 | 387,693 | 352,977 | 529,511 | -996,986 | -85,963 | -19,094 | 143,853 | -214,521 | -184,090 | -1,079,275 | 99,090 | -178,963 | -1,375,226 |
w. howard limited Credit Report and Business Information
W. Howard Limited Competitor Analysis
Perform a competitor analysis for w. howard limited by selecting its closest rivals, whether from the MANUFACTURING sector, other large companies, companies in M29 area or any other competitors across 12 key performance metrics.
w. howard limited Ownership
W. HOWARD LIMITED group structure
W. Howard Limited has 1 subsidiary company.
Ultimate parent company
2 parents
W. HOWARD LIMITED
00996161
1 subsidiary
w. howard limited directors
W. Howard Limited currently has 5 directors. The longest serving directors include Mrs Frances Grant (Jun 1991) and Mr Jonathan Grant (Sep 1994).
officer | country | age | start | end | role |
---|---|---|---|---|---|
Mrs Frances Grant | 83 years | Jun 1991 | - | Director | |
Mr Jonathan Grant | 59 years | Sep 1994 | - | Director | |
Mr Simon Fleet | 52 years | Jun 2018 | - | Director | |
Mr Philip Tissington | 51 years | Jun 2019 | - | Director | |
Mr Stuart Murray | 44 years | Feb 2020 | - | Director |
P&L
December 2023turnover
21.3m
-29%
operating profit
1.2m
-55%
gross margin
35.1%
+4.62%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
9m
+0.04%
total assets
13.1m
-0.22%
cash
503.7k
+2.27%
net assets
Total assets minus all liabilities
w. howard limited company details
company number
00996161
Type
Private limited with Share Capital
industry
16290 - Manufacture of other products of wood; manufacture of articles of cork, straw and plaiting materials
incorporation date
December 1970
age
54
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
December 2023
previous names
w.howard timber limited (December 2000)
w.howard (timber merchants) limited (May 1983)
accountant
-
auditor
JACKSON STEPHEN LLP
address
lower green lane astley, tyldesley, manchester, M29 7JZ
Bank
NATIONAL WESTMINSTER BANK PLC
Legal Advisor
-
w. howard 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 6 charges/mortgages relating to w. howard limited. Currently there are 3 open charges and 3 have been satisfied in the past.
w. howard limited Companies House Filings - See Documents
date | description | view/download |
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