wrightways (domestic appliances) limited

1.5

wrightways (domestic appliances) limited Company Information

Share WRIGHTWAYS (DOMESTIC APPLIANCES) LIMITED
Live 
MatureMicroDeclining

Company Number

01046514

Website

-

Registered Address

147 station road, london, E4 6AG

Industry

Repair of household appliances and home and garden equipment

 

Retail sale of electrical household appliances in specialised stores

 

Telephone

-

Next Accounts Due

December 2024

Group Structure

View All

Directors

Kenneth Wright33 Years

David Wright33 Years

Shareholders

mr david wright 50%

mr kenneth wright 25%

View All

wrightways (domestic appliances) limited Estimated Valuation

£0 - £508.4k

The estimated valuation range for wrightways (domestic appliances) limited, derived from financial data as of March 2023 and the most recent industry multiples, is between £0 to £508.4k

wrightways (domestic appliances) limited Estimated Valuation

£0 - £508.4k

The estimated valuation range for wrightways (domestic appliances) limited, derived from financial data as of March 2023 and the most recent industry multiples, is between £0 to £508.4k

wrightways (domestic appliances) limited Estimated Valuation

£0 - £508.4k

The estimated valuation range for wrightways (domestic appliances) limited, derived from financial data as of March 2023 and the most recent industry multiples, is between £0 to £508.4k

Get a detailed valuation report, edit figures and unlock valuation multiples.

Wrightways (domestic Appliances) Limited AI Business Plan

In just minutes, we combine Pomanda’s company and industry data with cutting edge Artificial Intelligence to build a comprehensive 27 section business plan. You then have 60 days to tailor the information, decide which sections to include or exclude, and add your own branding logos, images and color scheme to create your perfect plan.

View Sample

Wrightways (domestic Appliances) Limited Overview

Wrightways (domestic Appliances) Limited is a live company located in london, E4 6AG with a Companies House number of 01046514. It operates in the retail sale of electrical household appliances in specialised stores sector, SIC Code 47540. Founded in March 1972, it's largest shareholder is mr david wright with a 50% stake. Wrightways (domestic Appliances) Limited is a mature, micro sized company, Pomanda has estimated its turnover at £283.3k with declining growth in recent years.

View Sample
View Sample
View Sample

Upgrade for unlimited company reports & a free credit check

Wrightways (domestic Appliances) Limited Health Check

Pomanda's financial health check has awarded Wrightways (Domestic Appliances) Limited a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 8 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating1.5out of 5
positive_score

1 Strong

positive_score

1 Regular

positive_score

8 Weak

size

Size

annual sales of £283.3k, make it smaller than the average company (£7.2m)

£283.3k - Wrightways (domestic Appliances) Limited

£7.2m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -20%, show it is growing at a slower rate (6.3%)

-20% - Wrightways (domestic Appliances) Limited

6.3% - Industry AVG

production

Production

with a gross margin of 18.9%, this company has a higher cost of product (25.2%)

18.9% - Wrightways (domestic Appliances) Limited

25.2% - Industry AVG

profitability

Profitability

an operating margin of -23.8% make it less profitable than the average company (5.1%)

-23.8% - Wrightways (domestic Appliances) Limited

5.1% - Industry AVG

employees

Employees

with 4 employees, this is below the industry average (27)

4 - Wrightways (domestic Appliances) Limited

27 - Industry AVG

paystructure

Pay Structure

on an average salary of £24.5k, the company has an equivalent pay structure (£24.5k)

£24.5k - Wrightways (domestic Appliances) Limited

£24.5k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £70.8k, this is less efficient (£167.6k)

£70.8k - Wrightways (domestic Appliances) Limited

£167.6k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 151 days, this is later than average (29 days)

151 days - Wrightways (domestic Appliances) Limited

29 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 15 days, this is quicker than average (36 days)

15 days - Wrightways (domestic Appliances) Limited

36 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Wrightways (domestic Appliances) Limited

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - Wrightways (domestic Appliances) Limited

- - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 2.4%, this is a lower level of debt than the average (59.2%)

2.4% - Wrightways (domestic Appliances) Limited

59.2% - Industry AVG

wrightways (domestic appliances) limited Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
Get a comprehensive credit check for wrightways (domestic appliances) limited. Get real-time insights into wrightways (domestic appliances) limited's credit score, group structure and payment trends.

From as little as £6.99

This will not impact your credit rating!

View Credit Report Sample

Wrightways (domestic Appliances) Limited Competitor Analysis

BETA
competitor_analysis_table_img

Perform a competitor analysis for wrightways (domestic appliances) limited by selecting its closest rivals and benchmarking them against 12 key performance metrics.

wrightways (domestic appliances) limited Ownership

WRIGHTWAYS (DOMESTIC APPLIANCES) LIMITED group structure

Wrightways (Domestic Appliances) Limited has no subsidiary companies.

Ultimate parent company

WRIGHTWAYS (DOMESTIC APPLIANCES) LIMITED

01046514

WRIGHTWAYS (DOMESTIC APPLIANCES) LIMITED Shareholders

mr david wright 50%
mr kenneth wright 25%
sandra jean wright 25%

wrightways (domestic appliances) limited directors

Wrightways (Domestic Appliances) Limited currently has 2 directors. The longest serving directors include Mr Kenneth Wright (Dec 1990) and Mr David Wright (Dec 1990).

officercountryagestartendrole
Mr Kenneth Wright74 years Dec 1990- Director
Mr David Wright76 years Dec 1990- Director

WRIGHTWAYS (DOMESTIC APPLIANCES) LIMITED financials

EXPORTms excel logo

Wrightways (Domestic Appliances) Limited's latest turnover from March 2023 is estimated at £283.3 thousand and the company has net assets of £383 thousand. According to their latest financial statements, Wrightways (Domestic Appliances) Limited has 4 employees and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Turnover283,324381,896277,276545,096538,66199,216110,679117,39082,06280,27097,425108,79663,21570,916
Other Income Or Grants00000000000000
Cost Of Sales229,720301,767217,742367,927354,14866,28878,05183,30959,91457,15668,20875,79844,09048,179
Gross Profit53,60480,12959,533177,168184,51332,92832,62734,08122,14823,11329,21732,99819,12522,736
Admin Expenses120,981-15,92841,411199,187167,92427,973-7,29512,4809,38211,941-8,70821,2466,064-329,903
Operating Profit-67,37796,05718,122-22,01916,5894,95539,92221,60112,76611,17237,92511,75213,061352,639
Interest Payable00001,5213,4664,3392,512000000
Interest Receivable0000389559271486499527467355374216
Pre-Tax Profit-67,37796,05718,122-22,01915,4582,04835,85419,57513,26611,69938,39212,10713,435352,854
Tax0-18,251-3,4430-2,937-389-7,171-3,915-2,786-2,691-9,214-3,148-3,762-98,799
Profit After Tax-67,37777,80614,679-22,01912,5211,65928,68315,66010,4809,00829,1788,9599,673254,055
Dividends Paid00000000000000
Retained Profit-67,37777,80614,679-22,01912,5211,65928,68315,66010,4809,00829,1788,9599,673254,055
Employee Costs97,83390,16783,94284,49288,38182,12488,30686,02818,16816,18616,63332,63119,36219,880
Number Of Employees44444444111211
EBITDA*-67,37796,05718,122-22,01916,5896,97042,42524,77416,89814,95968,63620,63821,390354,529

* Earnings Before Interest, Tax, Depreciation and Amortisation

Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Tangible Assets274,841275,442326,243108,260123,899125,799127,298129,401132,574134,190349,929353,565374,303364,992
Intangible Assets00000000000000
Investments & Other00000219,051219,051219,051219,051219,0516,2736,1235,9735,805
Debtors (Due After 1 year)00000000000000
Total Fixed Assets274,841275,442326,243108,260123,899344,850346,349348,452351,625353,241356,202359,688380,276370,797
Stock & work in progress000005,4605,2004,9804,7504,2504,4404,5604,6504,350
Trade Debtors117,630216,113113,632317,921320,1220002,2732202,7499,8983011,074
Group Debtors00000000000000
Misc Debtors000004,0959017503,3653,315000
Cash00000103,854119,82797,06797,195102,565108,12378,68363,40186,241
misc current assets00000000000000
total current assets117,630216,113113,632317,921320,122113,409125,928102,122104,218110,400118,62793,14168,35291,665
total assets392,471491,555439,875426,181444,021458,259472,277450,574455,843463,641474,829452,829448,628462,462
Bank overdraft00000000000000
Bank loan0000019,20019,20019,200000000
Trade Creditors 9,50641,21367,33968,32455,6375,9889,0261,14447,16451,22757,90052,21244,74854,799
Group/Directors Accounts00000000000000
other short term finances00000000000000
hp & lease commitments00000000000000
other current liabilities0000025,53821,66620,822000000
total current liabilities9,50641,21367,33968,32455,63750,72649,89241,16647,16451,22757,90052,21244,74854,799
loans0000025,86342,37458,080000000
hp & lease commitments00000000000000
Accruals and Deferred Income00000000000000
other liabilities00008,50800073,01187,226100,749113,615125,837139,293
provisions00000000000000
total long term liabilities00008,50825,86342,37458,08073,01187,226100,749113,615125,837139,293
total liabilities9,50641,21367,33968,32464,14576,58992,26699,246120,175138,453158,649165,827170,585194,092
net assets382,965450,342372,536357,857379,876381,670380,011351,328335,668325,188316,180287,002278,043268,370
total shareholders funds382,965450,342372,536357,857379,876381,670380,011351,328335,668325,188316,180287,002278,043268,370
Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Operating Activities
Operating Profit-67,37796,05718,122-22,01916,5894,95539,92221,60112,76611,17237,92511,75213,061352,639
Depreciation000002,0152,5033,1734,1323,78730,7118,8868,3291,890
Amortisation00000000000000
Tax0-18,251-3,4430-2,937-389-7,171-3,915-2,786-2,691-9,214-3,148-3,762-98,799
Stock0000-5,460260220230500-190-120-903004,350
Debtors-98,483102,481-204,289-2,201316,0273,194826-2,198-1,312-2,479-3,8349,597-7731,074
Creditors-31,707-26,126-98512,68749,649-3,0387,882-46,020-4,063-6,6735,6887,464-10,05154,799
Accruals and Deferred Income0000-25,5383,87284420,822000000
Deferred Taxes & Provisions00000000000000
Cash flow from operations-601-50,801217,983-7,131-272,8043,96142,934-2,37110,8618,26469,06415,4478,050305,105
Investing Activities
capital expenditure60150,801-217,98315,6391,900-516-4000-2,516211,952-27,07511,852-17,640-366,882
Change in Investments0000-219,0510000212,7781501501685,805
cash flow from investments60150,801-217,98315,639220,951-516-4000-2,516-826-27,22511,702-17,808-372,687
Financing Activities
Bank loans0000-19,2000019,200000000
Group/Directors Accounts00000000000000
Other Short Term Loans 00000000000000
Long term loans0000-25,863-16,511-15,70658,080000000
Hire Purchase and Lease Commitments00000000000000
other long term liabilities000-8,5088,50800-73,011-14,215-13,523-12,866-12,222-13,456139,293
share issue0000-14,3150000000014,315
interest0000-1,132-2,907-4,068-2,026499527467355374216
cash flow from financing000-8,508-52,002-19,418-19,7742,243-13,716-12,996-12,399-11,867-13,082153,824
cash and cash equivalents
cash0000-103,854-15,97322,760-128-5,370-5,55829,44015,282-22,84086,241
overdraft00000000000000
change in cash0000-103,854-15,97322,760-128-5,370-5,55829,44015,282-22,84086,241

P&L

March 2023

turnover

283.3k

-26%

operating profit

-67.4k

0%

gross margin

19%

-9.83%

turnover

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

Balance Sheet

March 2023

net assets

383k

-0.15%

total assets

392.5k

-0.2%

cash

0

0%

net assets

Total assets minus all liabilities

wrightways (domestic appliances) limited company details

company number

01046514

Type

Private limited with Share Capital

industry

95220 - Repair of household appliances and home and garden equipment

47540 - Retail sale of electrical household appliances in specialised stores

incorporation date

March 1972

age

52

accounts

Micro-Entity Accounts

ultimate parent company

None

previous names

N/A

incorporated

UK

address

147 station road, london, E4 6AG

last accounts submitted

March 2023

wrightways (domestic appliances) 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 5 charges/mortgages relating to wrightways (domestic appliances) limited. Currently there are 1 open charges and 4 have been satisfied in the past.

charges

wrightways (domestic appliances) limited Companies House Filings - See Documents

datedescriptionview/download