g.w.r. engineering limited
g.w.r. engineering limited Company Information
Company Number
01897310
Next Accounts
90 days late
Shareholders
g w r holdings limited
Group Structure
View All
Industry
Manufacture of metal structures and parts of structures
Registered Address
1 marsden street, c/o a2e industries limited, manchester, M2 1HW
Website
www.gwrengineering.co.ukg.w.r. engineering limited Estimated Valuation
Pomanda estimates the enterprise value of G.W.R. ENGINEERING LIMITED at £4.4m based on a Turnover of £8.8m and 0.5x industry multiple (adjusted for size and gross margin).
g.w.r. engineering limited Estimated Valuation
Pomanda estimates the enterprise value of G.W.R. ENGINEERING LIMITED at £5.1m based on an EBITDA of £1.3m and a 3.85x industry multiple (adjusted for size and gross margin).
g.w.r. engineering limited Estimated Valuation
Pomanda estimates the enterprise value of G.W.R. ENGINEERING LIMITED at £14.2m based on Net Assets of £7m and 2.02x industry multiple (adjusted for liquidity).
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G.w.r. Engineering Limited Overview
G.w.r. Engineering Limited is a live company located in manchester, M2 1HW with a Companies House number of 01897310. It operates in the manufacture of metal structures and parts of structures sector, SIC Code 25110. Founded in March 1985, it's largest shareholder is g w r holdings limited with a 100% stake. G.w.r. Engineering Limited is a mature, mid sized company, Pomanda has estimated its turnover at £8.8m with rapid growth in recent years.
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G.w.r. Engineering Limited Health Check
Pomanda's financial health check has awarded G.W.R. Engineering Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 6 measures and has 4 areas for improvement. Company Health Check FAQs
6 Strong
2 Regular
4 Weak
Size
annual sales of £8.8m, make it smaller than the average company (£13.1m)
£8.8m - G.w.r. Engineering Limited
£13.1m - Industry AVG
Growth
3 year (CAGR) sales growth of 48%, show it is growing at a faster rate (7.1%)
- G.w.r. Engineering Limited
7.1% - Industry AVG
Production
with a gross margin of 17.7%, this company has a higher cost of product (24%)
17.7% - G.w.r. Engineering Limited
24% - Industry AVG
Profitability
an operating margin of 15% make it more profitable than the average company (6.3%)
15% - G.w.r. Engineering Limited
6.3% - Industry AVG
Employees
with 27 employees, this is below the industry average (76)
27 - G.w.r. Engineering Limited
76 - Industry AVG
Pay Structure
on an average salary of £40.9k, the company has an equivalent pay structure (£40.9k)
- G.w.r. Engineering Limited
£40.9k - Industry AVG
Efficiency
resulting in sales per employee of £324.8k, this is more efficient (£165.3k)
£324.8k - G.w.r. Engineering Limited
£165.3k - Industry AVG
Debtor Days
it gets paid by customers after 57 days, this is near the average (65 days)
57 days - G.w.r. Engineering Limited
65 days - Industry AVG
Creditor Days
its suppliers are paid after 76 days, this is slower than average (56 days)
76 days - G.w.r. Engineering Limited
56 days - Industry AVG
Stock Days
it holds stock equivalent to 21 days, this is less than average (38 days)
21 days - G.w.r. Engineering Limited
38 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 9 weeks, this is less cash available to meet short term requirements (12 weeks)
9 weeks - G.w.r. Engineering Limited
12 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 42.1%, this is a lower level of debt than the average (55.7%)
42.1% - G.w.r. Engineering Limited
55.7% - Industry AVG
G.W.R. ENGINEERING LIMITED financials
G.W.R. Engineering Limited's latest turnover from March 2023 is £8.8 million and the company has net assets of £7 million. According to their latest financial statements, G.W.R. Engineering Limited has 27 employees and maintains cash reserves of £873.2 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2023 | Mar 2022 | May 2021 | May 2020 | May 2019 | May 2018 | May 2017 | May 2016 | May 2015 | May 2014 | May 2013 | May 2012 | May 2011 | May 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 8,770,176 | 6,804,807 | 5,961,731 | |||||||||||
| Other Income Or Grants | ||||||||||||||
| Cost Of Sales | 7,217,868 | 5,255,540 | 4,875,933 | |||||||||||
| Gross Profit | 1,552,308 | 1,549,267 | 1,085,798 | |||||||||||
| Admin Expenses | 235,489 | 279,021 | 1,080,837 | |||||||||||
| Operating Profit | 1,316,819 | 1,270,246 | 4,961 | |||||||||||
| Interest Payable | 130,670 | 73,743 | ||||||||||||
| Interest Receivable | 220 | 310 | ||||||||||||
| Pre-Tax Profit | 1,186,149 | 1,196,723 | 5,271 | |||||||||||
| Tax | -147,534 | -100,762 | -84,958 | |||||||||||
| Profit After Tax | 1,038,615 | 1,095,961 | -79,687 | |||||||||||
| Dividends Paid | 20,421 | |||||||||||||
| Retained Profit | 1,018,194 | 1,095,961 | -79,687 | |||||||||||
| Employee Costs | ||||||||||||||
| Number Of Employees | 27 | 26 | 25 | 25 | 26 | 23 | 23 | 21 | ||||||
| EBITDA* | 1,331,330 | 1,288,050 | 30,003 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2023 | Mar 2022 | May 2021 | May 2020 | May 2019 | May 2018 | May 2017 | May 2016 | May 2015 | May 2014 | May 2013 | May 2012 | May 2011 | May 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 74,531 | 276,301 | 303,818 | 308,974 | 327,742 | 339,065 | 357,446 | 356,205 | 369,560 | 413,860 | 428,188 | 457,897 | 445,777 | 472,977 |
| Intangible Assets | 59 | 88 | 121 | 181 | 270 | 403 | 602 | 898 | ||||||
| Investments & Other | ||||||||||||||
| Debtors (Due After 1 year) | ||||||||||||||
| Total Fixed Assets | 74,590 | 276,389 | 303,939 | 309,155 | 328,012 | 339,468 | 358,048 | 357,103 | 369,560 | 413,860 | 428,188 | 457,897 | 445,777 | 472,977 |
| Stock & work in progress | 416,215 | 678,576 | 169,501 | 96,475 | 75,674 | 143,255 | 84,105 | 56,487 | 209,512 | 42,997 | 136,297 | 161,141 | 192,485 | 233,557 |
| Trade Debtors | 1,372,000 | 1,761,303 | 1,543,635 | 476,647 | 990,134 | 809,157 | 762,293 | 388,034 | 1,524,414 | 1,837,227 | 2,161,487 | 2,277,354 | 1,788,706 | 956,749 |
| Group Debtors | 9,357,914 | 8,848,074 | 936,641 | 936,641 | 936,641 | 936,641 | 906,641 | |||||||
| Misc Debtors | 78,633 | 7,600 | 119,089 | 33,367 | 16,372 | 24,010 | 22,704 | 25,170 | 597 | |||||
| Cash | 873,158 | 591,852 | 4,916,479 | 4,164,942 | 3,669,832 | 2,997,855 | 2,435,051 | 2,249,208 | 3,376,661 | 2,995,151 | 2,141,934 | 1,805,545 | 1,442,717 | 1,418,206 |
| misc current assets | ||||||||||||||
| total current assets | 12,097,920 | 11,887,405 | 6,748,704 | 5,708,072 | 5,688,653 | 4,910,918 | 4,240,794 | 3,625,540 | 5,110,587 | 4,875,375 | 4,439,718 | 4,244,040 | 3,423,908 | 2,609,109 |
| total assets | 12,172,510 | 12,163,794 | 7,052,643 | 6,017,227 | 6,016,665 | 5,250,386 | 4,598,842 | 3,982,643 | 5,480,147 | 5,289,235 | 4,867,906 | 4,701,937 | 3,869,685 | 3,082,086 |
| Bank overdraft | ||||||||||||||
| Bank loan | ||||||||||||||
| Trade Creditors | 1,503,031 | 2,136,557 | 1,706,536 | 622,943 | 1,140,896 | 1,053,397 | 934,800 | 738,243 | 1,051,515 | 1,105,831 | 1,256,154 | 1,502,866 | 1,222,391 | 929,880 |
| Group/Directors Accounts | 2,784,270 | 196,517 | ||||||||||||
| other short term finances | 949 | 1,842,445 | ||||||||||||
| hp & lease commitments | 32,319 | 168,970 | ||||||||||||
| other current liabilities | 672,962 | 450,524 | 373,462 | 307,888 | 289,913 | 282,531 | 212,638 | 298,205 | ||||||
| total current liabilities | 4,993,531 | 4,795,013 | 2,079,998 | 930,831 | 1,430,809 | 1,335,928 | 1,147,438 | 1,036,448 | 1,051,515 | 1,105,831 | 1,256,154 | 1,502,866 | 1,222,391 | 929,880 |
| loans | 1,315,625 | |||||||||||||
| hp & lease commitments | 89,356 | |||||||||||||
| Accruals and Deferred Income | ||||||||||||||
| other liabilities | 4,825 | 11,050 | ||||||||||||
| provisions | 40,075 | 42,223 | 37,252 | 35,816 | 38,563 | 42,468 | 46,734 | 45,141 | 48,271 | 60,797 | 68,964 | 75,630 | 71,966 | 66,944 |
| total long term liabilities | 129,431 | 1,357,848 | 37,252 | 35,816 | 38,563 | 42,468 | 46,734 | 45,141 | 48,271 | 60,797 | 73,789 | 86,680 | 71,966 | 66,944 |
| total liabilities | 5,122,962 | 6,152,861 | 2,117,250 | 966,647 | 1,469,372 | 1,378,396 | 1,194,172 | 1,081,589 | 1,099,786 | 1,166,628 | 1,329,943 | 1,589,546 | 1,294,357 | 996,824 |
| net assets | 7,049,548 | 6,010,933 | 4,935,393 | 5,050,580 | 4,547,293 | 3,871,990 | 3,404,670 | 2,901,054 | 4,380,361 | 4,122,607 | 3,537,963 | 3,112,391 | 2,575,328 | 2,085,262 |
| total shareholders funds | 7,049,548 | 6,010,933 | 4,935,393 | 5,050,580 | 4,547,293 | 3,871,990 | 3,404,670 | 2,901,054 | 4,380,361 | 4,122,607 | 3,537,963 | 3,112,391 | 2,575,328 | 2,085,262 |
| Mar 2023 | Mar 2022 | May 2021 | May 2020 | May 2019 | May 2018 | May 2017 | May 2016 | May 2015 | May 2014 | May 2013 | May 2012 | May 2011 | May 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||||
| Operating Profit | 1,316,819 | 1,270,246 | 4,961 | |||||||||||
| Depreciation | 14,482 | 17,771 | 24,982 | 25,943 | 29,519 | 29,256 | 32,499 | 32,932 | 32,594 | 41,729 | 41,686 | 45,272 | 42,796 | 47,384 |
| Amortisation | 29 | 33 | 60 | 89 | 133 | 199 | 296 | |||||||
| Tax | -147,534 | -100,762 | -84,958 | |||||||||||
| Stock | -262,361 | 509,075 | 73,026 | 20,801 | -67,581 | 59,150 | 27,618 | -153,025 | 166,515 | -93,300 | -24,844 | -31,344 | -41,072 | 233,557 |
| Debtors | 191,570 | 8,954,253 | 216,069 | -496,492 | 173,339 | 48,170 | 401,793 | -204,569 | -312,813 | -324,260 | -115,867 | 488,648 | 831,360 | 957,346 |
| Creditors | -633,526 | 430,021 | 1,083,593 | -517,953 | 87,499 | 118,597 | 196,557 | -313,272 | -54,316 | -150,323 | -246,712 | 280,475 | 292,511 | 929,880 |
| Accruals and Deferred Income | 222,438 | 77,062 | 65,574 | 17,975 | 7,382 | 69,893 | -85,567 | 298,205 | ||||||
| Deferred Taxes & Provisions | -2,148 | 4,971 | 1,436 | -2,747 | -3,905 | -4,266 | 1,593 | -3,130 | -12,526 | -8,167 | -6,666 | 3,664 | 5,022 | 66,944 |
| Cash flow from operations | 841,351 | -7,763,986 | 806,553 | |||||||||||
| Investing Activities | ||||||||||||||
| capital expenditure | ||||||||||||||
| Change in Investments | ||||||||||||||
| cash flow from investments | ||||||||||||||
| Financing Activities | ||||||||||||||
| Bank loans | ||||||||||||||
| Group/Directors Accounts | 2,587,753 | 196,517 | ||||||||||||
| Other Short Term Loans | -1,841,496 | 1,842,445 | ||||||||||||
| Long term loans | -1,315,625 | 1,315,625 | ||||||||||||
| Hire Purchase and Lease Commitments | -47,295 | 168,970 | ||||||||||||
| other long term liabilities | -4,825 | -6,225 | 11,050 | |||||||||||
| share issue | ||||||||||||||
| interest | -130,670 | -73,523 | 310 | |||||||||||
| cash flow from financing | -726,912 | 3,429,613 | -35,190 | |||||||||||
| cash and cash equivalents | ||||||||||||||
| cash | 281,306 | -4,324,627 | 751,537 | 495,110 | 671,977 | 562,804 | 185,843 | -1,127,453 | 381,510 | 853,217 | 336,389 | 362,828 | 24,511 | 1,418,206 |
| overdraft | ||||||||||||||
| change in cash | 281,306 | -4,324,627 | 751,537 | 495,110 | 671,977 | 562,804 | 185,843 | -1,127,453 | 381,510 | 853,217 | 336,389 | 362,828 | 24,511 | 1,418,206 |
g.w.r. engineering limited Credit Report and Business Information
G.w.r. Engineering Limited Competitor Analysis
Perform a competitor analysis for g.w.r. engineering limited by selecting its closest rivals, whether from the MANUFACTURING sector, other mid companies, companies in M 2 area or any other competitors across 12 key performance metrics.
g.w.r. engineering limited Ownership
G.W.R. ENGINEERING LIMITED group structure
G.W.R. Engineering Limited has no subsidiary companies.
Ultimate parent company
2 parents
G.W.R. ENGINEERING LIMITED
01897310
g.w.r. engineering limited directors
G.W.R. Engineering Limited currently has 2 directors. The longest serving directors include Mr William Rawkins (Dec 2021) and Mr Paul Smith (Nov 2024).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr William Rawkins | England | 50 years | Dec 2021 | - | Director |
| Mr Paul Smith | England | 51 years | Nov 2024 | - | Director |
P&L
March 2023turnover
8.8m
+29%
operating profit
1.3m
+4%
gross margin
17.7%
-22.26%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2023net assets
7m
+0.17%
total assets
12.2m
0%
cash
873.2k
+0.48%
net assets
Total assets minus all liabilities
g.w.r. engineering limited company details
company number
01897310
Type
Private limited with Share Capital
industry
25110 - Manufacture of metal structures and parts of structures
incorporation date
March 1985
age
40
incorporated
UK
ultimate parent company
accounts
Small Company
last accounts submitted
March 2023
previous names
rantoward limited (November 1985)
accountant
-
auditor
GRANT THORNTON UK LLP
address
1 marsden street, c/o a2e industries limited, manchester, M2 1HW
Bank
NATIONAL WESTMINSTER BANK PLC
Legal Advisor
-
g.w.r. 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 7 charges/mortgages relating to g.w.r. engineering limited. Currently there are 3 open charges and 4 have been satisfied in the past.
g.w.r. 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.
Click to start generating capital raising & share issue transactions for G.W.R. ENGINEERING LIMITED. This can take several minutes, an email will notify you when this has completed.
g.w.r. engineering limited Companies House Filings - See Documents
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