Other engineering activities (not including engineering design for industrial process and production or engineering related scientific and technical consulting activities)
williams grand prix engineering limitedEstimated Valuation
£116.3m
Pomanda estimates the enterprise value of WILLIAMS GRAND PRIX ENGINEERING LIMITED at £116.3m based on a Turnover of £127m and 0.92x industry multiple (adjusted for size and gross margin).
williams grand prix engineering limitedEstimated Valuation
£0
Pomanda estimates the enterprise value of WILLIAMS GRAND PRIX ENGINEERING LIMITED at £0 based on an EBITDA of £-65.2m and a 7.57x industry multiple (adjusted for size and gross margin).
williams grand prix engineering limitedEstimated Valuation
£119.4m
Pomanda estimates the enterprise value of WILLIAMS GRAND PRIX ENGINEERING LIMITED at £119.4m based on Net Assets of £67.3m and 1.77x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Williams Grand Prix Engineering LimitedOverview
Williams Grand Prix Engineering Limited is a live company located in oxfordshire, OX12 0DQ with a Companies House number of 01297497. It operates in the manufacture of other electrical equipment sector, SIC Code 27900. Founded in February 1977, it's largest shareholder is
bce llc
with a 100% stake. Williams Grand Prix Engineering Limited is a mature,
mega sized company, Pomanda has estimated its turnover at
£127m with
rapid
growth in recent years.
Williams Grand Prix Engineering Limited Health Check
Pomanda's financial health check has awarded Williams Grand Prix Engineering Limited a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 7 measures and has 4 areas for improvement. Company Health Check FAQs
Health Rating4.5out of 5
7 Strong
1 Regular
4 Weak
Size
annual sales of £127m, make it larger than the average company (£17.6m)
£127m - Williams Grand Prix Engineering Limited
£17.6m - Industry AVG
Growth
3 year (CAGR) sales growth of 38%, show it is growing at a faster rate (7.4%)
38% - Williams Grand Prix Engineering Limited
7.4% - Industry AVG
Production
with a gross margin of 31.8%, this company has a lower cost of product (26%)
31.8% - Williams Grand Prix Engineering Limited
26% - Industry AVG
Profitability
an operating margin of -63.2% make it less profitable than the average company (4.6%)
-63.2% - Williams Grand Prix Engineering Limited
4.6% - Industry AVG
Employees
with 845 employees, this is above the industry average (113)
845 - Williams Grand Prix Engineering Limited
113 - Industry AVG
Pay Structure
on an average salary of £85.5k, the company has a higher pay structure (£49.2k)
£85.5k - Williams Grand Prix Engineering Limited
£49.2k - Industry AVG
Efficiency
resulting in sales per employee of £150.3k, this is less efficient (£192.3k)
£150.3k - Williams Grand Prix Engineering Limited
£192.3k - Industry AVG
Debtor Days
it gets paid by customers after 6 days, this is earlier than average (52 days)
6 days - Williams Grand Prix Engineering Limited
52 days - Industry AVG
Creditor Days
its suppliers are paid after 21 days, this is quicker than average (39 days)
21 days - Williams Grand Prix Engineering Limited
39 days - Industry AVG
Stock Days
it holds stock equivalent to 46 days, this is less than average (73 days)
46 days - Williams Grand Prix Engineering Limited
73 days - Industry AVG
Cash Balance
has cash to cover current liabilities
for 9 weeks, this is average cash available to meet short term requirements (11 weeks)
9 weeks - Williams Grand Prix Engineering Limited
11 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 49.8%, this is a lower level of debt than the average (58.1%)
49.8% - Williams Grand Prix Engineering Limited
58.1% - Industry AVG
WILLIAMS GRAND PRIX ENGINEERING LIMITED financials
EXPORT
Williams Grand Prix Engineering Limited's latest turnover from December 2023 is £127 million and the company has net assets of £67.3 million. According to their latest financial statements, Williams Grand Prix Engineering Limited has 845 employees and maintains cash reserves of £12.1 million 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
126,965,000
142,862,000
96,406,000
48,648,000
107,517,000
131,722,000
126,695,000
167,415,000
125,620,000
89,243,000
124,649,143
125,033,360
103,287,270
91,029,693
108,309,603
Other Income Or Grants
Cost Of Sales
86,627,000
70,852,000
44,478,000
40,664,000
42,160,000
35,218,000
36,759,000
58,059,000
38,604,000
39,497,000
30,067,935
51,578,075
31,209,236
18,477,496
25,442,289
Gross Profit
40,338,000
72,010,000
51,928,000
7,984,000
65,357,000
96,504,000
89,936,000
109,356,000
87,016,000
49,746,000
94,581,208
73,455,285
72,078,034
72,552,197
82,867,314
Admin Expenses
120,636,000
90,124,000
65,032,000
66,547,000
46,556,000
91,709,000
81,775,000
102,513,000
97,080,000
88,619,000
81,720,698
75,850,072
62,393,904
66,258,371
77,408,213
Operating Profit
-80,298,000
-18,114,000
-13,104,000
-58,563,000
18,801,000
4,795,000
8,161,000
6,843,000
-10,064,000
-38,873,000
12,860,510
-2,394,787
9,684,130
6,293,826
5,459,101
Interest Payable
217,000
59,000
334,000
1,503,000
819,000
742,000
838,000
940,000
1,145,000
274,000
205,406
180,541
163,995
448,605
1,366,081
Interest Receivable
7,000
259,000
1,142,000
1,160,000
90,000
54,494
70,872
41,329
18,065
26,660
Pre-Tax Profit
-80,508,000
-17,914,000
-11,892,000
-58,454,000
17,982,000
4,053,000
14,651,000
5,903,000
-11,209,000
-40,279,000
9,958,691
-2,287,210
9,473,132
5,786,579
4,524,815
Tax
-3,778,000
-10,544
-154,743
Profit After Tax
-84,286,000
-17,914,000
-11,892,000
-58,454,000
17,982,000
4,053,000
14,651,000
5,903,000
-11,209,000
-40,279,000
9,948,147
-2,441,953
9,473,132
5,786,579
4,524,815
Dividends Paid
Retained Profit
-84,286,000
-17,914,000
-11,892,000
-58,454,000
17,982,000
4,053,000
14,651,000
5,903,000
-11,209,000
-40,279,000
9,948,147
-2,441,953
9,473,132
6,026,009
4,524,815
Employee Costs
72,240,000
63,106,000
55,961,000
47,633,000
52,125,000
53,341,000
51,346,000
51,751,000
48,962,000
42,520,000
37,760,666
35,123,486
29,418,471
32,627,699
35,583,476
Number Of Employees
845
809
755
675
644
635
624
719
653
625
618
586
493
521
528
EBITDA*
-65,243,000
-6,701,000
-3,246,000
-54,178,000
23,910,000
10,897,000
13,498,000
11,173,000
-4,642,000
-11,204,000
15,675,181
500,224
12,182,150
10,125,183
9,582,607
* 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
57,735,000
62,967,000
79,151,000
75,010,000
55,944,000
57,279,000
61,669,000
65,983,000
63,834,000
66,203,000
64,382,116
38,854,214
36,456,355
35,647,686
37,540,042
Intangible Assets
8,785,000
6,132,000
2,149,000
1,901,000
1,479,000
2,006,000
1,152,000
1,102,000
278,000
641,665
Investments & Other
3,280,000
21,140,000
15,989,000
14,465,000
12,917,000
391,000
1,580,301
1,580,301
1,580,201
201
Debtors (Due After 1 year)
2,465,197
Total Fixed Assets
69,800,000
90,239,000
97,289,000
91,376,000
70,340,000
59,285,000
62,821,000
67,085,000
64,112,000
66,594,000
65,962,417
40,434,515
40,501,753
36,289,351
37,540,243
Stock & work in progress
10,924,000
10,719,000
8,173,000
3,578,000
4,938,000
20,000
11,000
1,201,000
473,000
230,000
26,659
374,034
421,730
12,779
7,425
Trade Debtors
2,428,000
5,575,000
4,053,000
5,834,000
14,907,000
7,741,000
17,528,000
34,113,000
23,632,000
17,989,000
5,798,623
39,837,383
32,868,430
3,405,166
11,110,958
Group Debtors
1,701,000
36,000
21,067,000
12,832,000
4,692,995
5,078,445
75,282
4,000
Misc Debtors
38,874,000
28,628,000
22,783,000
17,075,000
20,153,000
21,200,000
21,080,000
26,332,000
15,405,000
11,489,000
8,854,610
12,410,186
14,045,251
13,291,353
10,381,937
Cash
12,098,000
22,092,000
9,728,000
6,192,000
24,283,000
8,361,000
4,303,000
31,000
1,036,000
831,000
15,146,638
3,516,839
4,394,921
27,249,978
13,205,932
misc current assets
total current assets
64,324,000
68,715,000
44,773,000
32,679,000
64,281,000
58,389,000
55,754,000
61,677,000
40,546,000
30,539,000
34,519,525
61,216,887
51,805,614
43,959,276
34,710,252
total assets
134,124,000
158,954,000
142,062,000
124,055,000
134,621,000
117,674,000
118,575,000
128,762,000
104,658,000
97,133,000
100,481,942
101,651,402
92,307,367
80,248,627
72,250,495
Bank overdraft
1,635,000
12,231,000
10,277,000
25,125,000
12,820,000
7,000,000
8,132,977
1,547,700
Bank loan
6,197,323
Trade Creditors
5,196,000
3,257,000
3,030,000
15,538,000
2,008,000
3,108,000
5,707,000
7,991,000
9,689,000
8,067,000
4,606,197
5,596,587
6,309,467
6,164,190
5,011,736
Group/Directors Accounts
6,289,000
1,727,000
14,420,000
2,000,000
359
other short term finances
560,000
hp & lease commitments
189,000
362,000
329,000
354,000
341,000
259,000
other current liabilities
55,249,000
32,397,000
20,949,000
25,789,000
48,245,000
40,320,000
43,680,000
53,177,000
43,666,000
26,513,000
11,886,646
48,633,833
35,970,876
36,848,021
29,169,614
total current liabilities
66,734,000
37,381,000
38,399,000
43,327,000
52,077,000
56,581,000
59,993,000
86,647,000
66,516,000
41,839,000
24,625,820
55,778,479
42,280,343
43,012,211
40,378,673
loans
7,000,000
8,635,000
10,866,000
9,797,000
11,930,000
18,750,000
3,148,198
4,860,346
2,423,420
3,098,661
hp & lease commitments
189,000
528,000
851,000
1,205,000
1,228,000
Accruals and Deferred Income
42,000
5,219,000
5,353,000
5,568,000
5,809,000
other liabilities
provisions
42,000
total long term liabilities
42,000
5,219,000
5,395,000
5,568,000
12,809,000
8,824,000
11,394,000
10,648,000
13,135,000
19,978,000
3,148,198
4,860,346
2,423,420
3,098,661
total liabilities
66,776,000
42,600,000
43,794,000
48,895,000
64,886,000
65,405,000
71,387,000
97,295,000
79,651,000
61,817,000
24,625,820
58,926,677
47,140,689
45,435,631
43,477,334
net assets
67,348,000
116,354,000
98,268,000
75,160,000
69,735,000
52,269,000
47,188,000
31,467,000
25,007,000
35,316,000
75,856,122
42,724,725
45,166,678
34,799,169
28,773,161
total shareholders funds
67,348,000
116,354,000
98,268,000
75,160,000
69,735,000
52,269,000
47,188,000
31,467,000
25,007,000
35,316,000
75,856,122
42,724,725
45,166,678
34,799,169
28,773,161
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
-80,298,000
-18,114,000
-13,104,000
-58,563,000
18,801,000
4,795,000
8,161,000
6,843,000
-10,064,000
-38,873,000
12,860,510
-2,394,787
9,684,130
6,293,826
5,459,101
Depreciation
12,214,000
9,791,000
8,694,000
3,333,000
4,083,000
5,281,000
5,006,000
4,074,000
4,984,000
27,669,000
2,814,671
2,895,011
2,498,020
3,783,307
4,123,506
Amortisation
2,841,000
1,622,000
1,164,000
1,052,000
1,026,000
821,000
331,000
256,000
438,000
48,050
Tax
-3,778,000
-10,544
-154,743
Stock
205,000
2,546,000
4,595,000
-1,360,000
4,918,000
9,000
-1,190,000
728,000
243,000
203,341
-347,375
-47,696
408,951
5,354
7,425
Debtors
5,398,000
9,032,000
3,963,000
-12,151,000
-14,948,000
-1,432,000
-9,005,000
21,408,000
9,559,000
10,131,772
-37,979,786
7,871,854
32,757,641
-4,800,376
21,496,895
Creditors
1,939,000
227,000
-12,508,000
13,530,000
-1,100,000
-2,599,000
-2,284,000
-1,698,000
1,622,000
3,460,803
-990,390
-712,880
145,277
1,152,454
5,011,736
Accruals and Deferred Income
17,675,000
11,314,000
-5,055,000
-22,697,000
13,734,000
-3,360,000
-9,497,000
9,511,000
17,153,000
14,626,354
-36,747,187
12,662,957
-877,145
7,678,407
29,169,614
Deferred Taxes & Provisions
-42,000
42,000
Cash flow from operations
-55,010,000
-6,780,000
-29,325,000
-49,834,000
46,574,000
6,361,000
11,912,000
-3,150,000
4,331,000
-3,451,956
16,254,221
4,471,400
-21,716,310
23,751,066
22,259,637
Investing Activities
capital expenditure
-2,566,000
-1,073,000
-7,303,000
-3,331,000
-29,489,884
-28,342,573
-5,292,870
-2,665,024
-1,828,151
-704,466
Change in Investments
-17,860,000
5,151,000
1,524,000
1,548,000
12,917,000
-391,000
-1,189,301
100
1,580,201
-201
201
cash flow from investments
17,860,000
-5,151,000
-1,524,000
-1,548,000
-12,917,000
-2,566,000
-1,073,000
-7,303,000
-2,940,000
-28,300,583
-28,342,573
-5,292,970
-4,245,225
-1,827,950
-704,667
Financing Activities
Bank loans
-6,197,323
6,197,323
Group/Directors Accounts
4,562,000
-12,693,000
12,420,000
2,000,000
-359
359
Other Short Term Loans
-560,000
560,000
Long term loans
-7,000,000
-1,635,000
-2,231,000
1,069,000
-2,133,000
-6,820,000
18,750,000
-3,148,198
-1,712,148
2,436,926
-675,241
3,098,661
Hire Purchase and Lease Commitments
-189,000
-362,000
-306,000
-348,000
-341,000
59,000
1,487,000
other long term liabilities
share issue
35,280,000
36,000,000
35,000,000
63,879,000
-516,000
1,028,000
1,070,000
557,000
900,000
-261,122
23,183,250
894,377
-1
24,248,346
interest
-210,000
200,000
808,000
-343,000
-819,000
-742,000
-838,000
-940,000
-1,145,000
-184,000
-150,912
-109,669
-122,666
-430,540
-1,339,421
cash flow from financing
39,632,000
23,507,000
48,228,000
58,347,000
-3,892,000
-1,691,000
953,000
-2,857,000
-7,006,000
19,791,878
19,883,781
-1,821,458
3,208,637
-7,303,105
32,204,909
cash and cash equivalents
cash
-9,994,000
12,364,000
3,536,000
-18,091,000
15,922,000
4,058,000
4,272,000
-1,005,000
205,000
-14,315,638
11,629,799
-878,082
-22,855,057
14,044,046
13,205,932
overdraft
-1,635,000
-10,596,000
1,954,000
-14,848,000
12,305,000
5,820,000
-1,132,977
6,585,277
1,547,700
change in cash
-9,994,000
12,364,000
3,536,000
-16,456,000
26,518,000
2,104,000
19,120,000
-13,310,000
-5,615,000
-13,182,661
5,044,522
-2,425,782
-22,855,057
14,044,046
13,205,932
williams grand prix engineering 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 williams grand prix engineering limited. Get real-time insights into williams grand prix engineering limited's credit score, group structure and payment trends.
Williams Grand Prix Engineering Limited Competitor Analysis
Perform a competitor analysis for williams grand prix engineering limited by selecting its closest rivals, whether from the MANUFACTURING sector, other mega companies, companies in OX12 area or any other competitors across 12 key performance metrics.
williams grand prix engineering limited Ownership
WILLIAMS GRAND PRIX ENGINEERING LIMITED group structure
Williams Grand Prix Engineering Limited has 1 subsidiary company.
WILLIAMS GRAND PRIX ENGINEERING LIMITED Shareholders
The sole shareholder of Williams Grand Prix Engineering Limited is Bce Llc.
bce llc
100%
williams grand prix engineering limited directors
Williams Grand Prix Engineering Limited currently has 2 directors.
The longest serving directors include
Mr Matthew Savage (Aug 2020) and
Mr James Matthews (Aug 2020).
williams grand prix engineering limited company details
company number
01297497
Type
Private limited with Share Capital
industry
71129 - Other engineering activities (not including engineering design for industrial process and production or engineering related scientific and technical consulting activities)
29320 - Manufacture of other parts and accessories for motor vehicles
29100 - Manufacture of motor vehicles
incorporation date
February 1977
age
48
incorporated
UK
ultimate parent company
BCE LLC
accounts
Group
last accounts submitted
December 2023
previous names
latcade limited (December 1977)
accountant
-
auditor
KPMG LLP
address
grove, wantage, oxfordshire, OX12 0DQ
Bank
HSBC BANK PLC, HSBC BANK PLC, HSBC BANK PLC
Legal Advisor
-
williams grand prix engineering 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 18 charges/mortgages relating to williams grand prix engineering limited. Currently there are 1 open charges and 17 have been satisfied in the past.
williams grand prix engineering 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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williams grand prix engineering limitedCompanies House Filings - See Documents
