volkerwessels limited

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volkerwessels limited Company Information

Share VOLKERWESSELS LIMITED
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Company Number

02001762

Registered Address

hertford road, hoddesdon, hertfordshire, EN11 9BX

Industry

Activities of construction holding companies

 

Telephone

01992305000

Next Accounts Due

September 2024

Group Structure

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Directors

Matthew Woods14 Years

Richard Offord13 Years

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Shareholders

volker wessels uk ltd 100%

volkerwessels limited Estimated Valuation

£1.7b

Pomanda estimates the enterprise value of VOLKERWESSELS LIMITED at £1.7b based on a Turnover of £939.2m and 1.83x industry multiple (adjusted for size and gross margin).

volkerwessels limited Estimated Valuation

£288.2m

Pomanda estimates the enterprise value of VOLKERWESSELS LIMITED at £288.2m based on an EBITDA of £38.6m and a 7.47x industry multiple (adjusted for size and gross margin).

volkerwessels limited Estimated Valuation

£155.5m

Pomanda estimates the enterprise value of VOLKERWESSELS LIMITED at £155.5m based on Net Assets of £76.4m and 2.03x industry multiple (adjusted for liquidity).

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Volkerwessels Limited Overview

Volkerwessels Limited is a live company located in hertfordshire, EN11 9BX with a Companies House number of 02001762. It operates in the activities of construction holding companies sector, SIC Code 64203. Founded in March 1986, it's largest shareholder is volker wessels uk ltd with a 100% stake. Volkerwessels Limited is a mature, mega sized company, Pomanda has estimated its turnover at £939.2m with healthy growth in recent years.

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Volkerwessels Limited Health Check

Pomanda's financial health check has awarded Volkerwessels Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 8 measures and has 4 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating5out of 5
positive_score

8 Strong

positive_score

0 Regular

positive_score

4 Weak

size

Size

annual sales of £939.2m, make it larger than the average company (£24.4m)

£939.2m - Volkerwessels Limited

£24.4m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 7%, show it is growing at a faster rate (5.2%)

7% - Volkerwessels Limited

5.2% - Industry AVG

production

Production

with a gross margin of 7.8%, this company has a higher cost of product (18%)

7.8% - Volkerwessels Limited

18% - Industry AVG

profitability

Profitability

an operating margin of 3.4% make it less profitable than the average company (5.1%)

3.4% - Volkerwessels Limited

5.1% - Industry AVG

employees

Employees

with 1896 employees, this is above the industry average (82)

1896 - Volkerwessels Limited

82 - Industry AVG

paystructure

Pay Structure

on an average salary of £74.4k, the company has a higher pay structure (£49.4k)

£74.4k - Volkerwessels Limited

£49.4k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £495.4k, this is more efficient (£327.4k)

£495.4k - Volkerwessels Limited

£327.4k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 27 days, this is earlier than average (52 days)

27 days - Volkerwessels Limited

52 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 57 days, this is slower than average (49 days)

57 days - Volkerwessels Limited

49 days - Industry AVG

stockdays

Stock Days

it holds stock equivalent to 2 days, this is less than average (19 days)

2 days - Volkerwessels Limited

19 days - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 26 weeks, this is more cash available to meet short term requirements (21 weeks)

26 weeks - Volkerwessels Limited

21 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 78%, this is a higher level of debt than the average (62.1%)

78% - Volkerwessels Limited

62.1% - Industry AVG

volkerwessels limited Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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Volkerwessels Limited Competitor Analysis

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Perform a competitor analysis for volkerwessels limited by selecting its closest rivals and benchmarking them against 12 key performance metrics.

volkerwessels limited Ownership

VOLKERWESSELS LIMITED group structure

Volkerwessels Limited has 7 subsidiary companies.

VOLKERWESSELS LIMITED Shareholders

volker wessels uk ltd 100%

volkerwessels limited directors

Volkerwessels Limited currently has 4 directors. The longest serving directors include Mr Matthew Woods (May 2010) and Mr Richard Offord (Mar 2011).

officercountryagestartendrole
Mr Matthew Woods59 years May 2010- Director
Mr Richard OffordEngland59 years Mar 2011- Director
Mr Richard Offord59 years Mar 2011- Director
Mrs Anita HarrisEngland48 years Aug 2023- Director

VOLKERWESSELS LIMITED financials

EXPORTms excel logo

Volkerwessels Limited's latest turnover from December 2022 is £939.2 million and the company has net assets of £76.4 million. According to their latest financial statements, Volkerwessels Limited has 1,896 employees and maintains cash reserves of £129.8 million as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Turnover939,190,000758,970,000718,152,000758,268,000548,877,000470,357,000580,496,000586,717,000559,109,000495,217,000488,984,000488,788,000413,806,000358,008,000
Other Income Or Grants00000000000000
Cost Of Sales866,424,000685,110,000654,278,000698,826,000504,342,000430,268,000538,118,000546,196,000519,330,000463,442,000454,259,000453,125,000376,040,000314,840,000
Gross Profit72,766,00073,860,00063,874,00059,442,00044,535,00040,089,00042,378,00040,521,00039,779,00031,775,00034,725,00035,663,00037,766,00043,168,000
Admin Expenses40,943,00041,193,00036,273,00037,455,00029,024,00027,100,00028,902,00027,547,00028,768,00026,649,00028,313,00026,518,00025,620,00023,672,000
Operating Profit31,823,00032,667,00027,601,00021,987,00015,511,00012,989,00013,476,00012,974,00011,011,0005,126,0006,412,0009,145,00012,146,00019,496,000
Interest Payable1,062,000816,0001,086,0001,376,000177,000148,000134,000106,000115,000198,000248,000610,000492,000522,000
Interest Receivable1,409,00054,000245,000747,000347,000239,000210,000431,000394,000181,00079,000225,000125,000495,000
Pre-Tax Profit32,170,00031,905,00026,760,00021,358,00015,721,00013,070,00013,550,00013,301,00011,290,0005,053,0006,287,0009,320,00012,241,00019,264,000
Tax-5,852,000-6,055,000-5,073,000-4,300,000-3,259,000-2,663,000-2,710,000-2,484,000-1,578,000-1,245,0002,732,000-1,690,000-3,767,000-5,427,000
Profit After Tax26,318,00025,850,00021,687,00017,058,00012,462,00010,407,00010,840,00010,817,0009,712,0003,808,0009,019,0007,630,0008,474,00013,837,000
Dividends Paid23,700,00033,000,00017,500,0000007,000,00010,000,0002,500,0003,000,0001,500,000000
Retained Profit2,618,000-7,150,0004,187,00017,058,00012,462,00010,407,0003,840,000817,0007,212,000808,0007,519,0007,630,0008,474,00013,837,000
Employee Costs141,132,000130,021,000116,227,000108,334,00093,978,00085,346,00083,576,00079,953,00075,561,00070,311,00065,811,00061,677,00061,539,00054,790,000
Number Of Employees1,8961,8431,6681,5501,4131,3601,3551,3071,2041,2441,2821,2561,2631,059
EBITDA*38,587,00046,501,00040,160,00033,868,00017,185,00014,414,00015,085,00014,543,00012,765,0007,028,0008,293,00010,915,00014,335,00021,662,000

* Earnings Before Interest, Tax, Depreciation and Amortisation

Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Tangible Assets49,478,00050,268,00054,383,00051,330,00025,088,00013,262,00019,577,00019,581,00022,279,00018,167,00015,282,00014,934,00016,103,00017,070,000
Intangible Assets18,181,00019,413,00015,125,00012,547,00013,534,0004,051,0004,642,0004,627,0004,370,0004,060,0003,923,0003,183,0001,072,000474,000
Investments & Other925,0001,666,00001,595,000000000000865,000
Debtors (Due After 1 year)9,987,0007,545,00011,903,0007,311,0004,955,0003,436,0006,936,0007,130,0009,525,0005,800,0002,518,0002,566,0002,824,0002,526,000
Total Fixed Assets66,659,00068,093,00066,807,00062,682,00038,622,00017,313,00024,219,00024,208,00026,649,00022,227,00019,205,00018,117,00017,175,00017,544,000
Stock & work in progress6,096,0008,701,0006,537,0005,252,0004,037,0004,232,0002,054,0001,758,000117,000104,00000772,0001,507,000
Trade Debtors70,993,00072,956,000100,453,00050,738,00051,928,00082,036,00032,837,00017,444,00024,004,00027,443,00017,888,00026,297,00028,577,00021,815,000
Group Debtors11,449,00012,233,0007,341,00011,193,0006,564,0008,779,0005,204,0003,315,0007,404,0008,907,0006,256,0005,621,000862,0001,797,000
Misc Debtors14,501,0007,465,0005,873,0006,794,0004,268,0005,988,00070,582,00090,127,000101,779,00086,872,00085,030,00068,687,00056,510,00051,605,000
Cash129,784,000130,156,000124,812,000145,775,000121,369,00092,745,00083,149,00080,905,00064,971,00036,023,00032,298,00024,710,00037,403,00029,779,000
misc current assets48,413,00039,253,000040,691,00042,506,000000000000
total current assets281,236,000270,764,000245,016,000260,443,000230,672,000193,780,000193,826,000193,549,000198,275,000159,349,000141,472,000125,315,000124,124,000106,503,000
total assets347,895,000338,857,000311,823,000323,125,000269,294,000211,093,000218,045,000217,757,000224,924,000181,576,000160,677,000143,432,000141,299,000124,047,000
Bank overdraft00000000000000
Bank loan00000000000000
Trade Creditors 135,937,000117,948,000113,879,000131,640,00098,181,00085,388,000104,454,000104,292,00084,656,00094,400,00085,548,00064,688,00070,658,00055,345,000
Group/Directors Accounts000000000005,154,0006,908,0000
other short term finances00000000000000
hp & lease commitments9,204,0008,463,0007,312,0007,801,000000000003,00045,000
other current liabilities113,775,000123,220,00093,776,00089,117,00093,840,00053,214,00050,223,00054,643,00082,498,00036,709,00025,552,00030,131,00027,242,00036,887,000
total current liabilities258,916,000249,631,000214,967,000228,558,000192,021,000138,602,000154,677,000158,935,000167,154,000131,109,000111,100,00099,973,000104,811,00092,277,000
loans24,400,00027,794,00029,056,00028,844,000145,0000000001,754,0001,754,0006,000
hp & lease commitments12,200,00013,897,00014,528,00014,422,0000000000003,000
Accruals and Deferred Income00000000000000
other liabilities00505,0001,229,00000000000545,000553,000
provisions670,0001,784,000906,0003,094,0003,938,0004,722,0001,628,0001,410,0001,262,0001,260,0001,236,000898,000774,0001,046,000
total long term liabilities12,535,00014,789,00015,486,00017,198,0002,114,0002,361,000814,000705,000631,000630,000618,0002,203,0002,686,0001,079,000
total liabilities271,451,000264,420,000230,453,000245,756,000194,135,000140,963,000155,491,000159,640,000167,785,000131,739,000111,718,000102,176,000107,497,00093,356,000
net assets76,444,00074,437,00081,370,00077,369,00075,159,00070,130,00062,554,00058,117,00057,139,00049,837,00048,959,00041,256,00033,802,00030,691,000
total shareholders funds76,444,00074,437,00081,370,00077,369,00075,159,00070,130,00062,554,00058,117,00057,139,00049,837,00048,959,00041,256,00033,802,00030,691,000
Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Operating Activities
Operating Profit31,823,00032,667,00027,601,00021,987,00015,511,00012,989,00013,476,00012,974,00011,011,0005,126,0006,412,0009,145,00012,146,00019,496,000
Depreciation2,858,00011,972,00010,697,0009,862,000837,000757,000752,000779,000949,0001,399,0001,433,0001,566,0001,910,0002,073,000
Amortisation3,906,0001,862,0001,862,0002,019,000837,000668,000857,000790,000805,000503,000448,000204,000279,00093,000
Tax-5,852,000-6,055,000-5,073,000-4,300,000-3,259,000-2,663,000-2,710,000-2,484,000-1,578,000-1,245,0002,732,000-1,690,000-3,767,000-5,427,000
Stock-2,605,0002,164,0001,285,0001,215,000-195,0002,178,000296,0001,641,00013,000104,0000-772,000-735,0001,507,000
Debtors6,731,000-25,371,00049,534,0008,321,000-32,524,000-15,320,000-2,457,000-24,696,00013,690,00017,330,0008,521,00014,398,00011,030,00077,743,000
Creditors17,989,0004,069,000-17,761,00033,459,00012,793,000-19,066,000162,00019,636,000-9,744,0008,852,00020,860,000-5,970,00015,313,00055,345,000
Accruals and Deferred Income-9,445,00029,444,0004,659,000-4,723,00040,626,0002,991,000-4,420,000-27,855,00045,789,00011,157,000-4,579,0002,889,000-9,645,00036,887,000
Deferred Taxes & Provisions-1,114,000878,000-2,188,000-844,000-784,0003,094,000218,000148,0002,00024,000338,000124,000-272,0001,046,000
Cash flow from operations36,039,00098,044,000-31,022,00047,924,00099,280,00011,912,00010,496,00027,043,00033,531,0008,382,00019,123,000-7,358,0005,669,00030,263,000
Investing Activities
capital expenditure-4,742,000-14,007,000-18,190,000-37,136,000-22,983,0005,481,000-1,620,000872,000-6,176,000-4,924,000-2,969,000-2,712,000-1,820,000-19,710,000
Change in Investments-741,0001,666,000-1,595,0001,595,00000000000-865,000865,000
cash flow from investments-4,001,000-15,673,000-16,595,000-38,731,000-22,983,0005,481,000-1,620,000872,000-6,176,000-4,924,000-2,969,000-2,712,000-955,000-20,575,000
Financing Activities
Bank loans00000000000000
Group/Directors Accounts0000000000-5,154,000-1,754,0006,908,0000
Other Short Term Loans 00000000000000
Long term loans-3,394,000-1,262,000212,00028,699,000145,00000000-1,754,00001,748,0006,000
Hire Purchase and Lease Commitments-956,000520,000-383,00022,223,0000000000-3,000-45,00048,000
other long term liabilities0-505,000-724,0001,229,0000000000-545,000-8,000553,000
share issue-611,000217,000-186,000-14,848,000-7,433,000-2,831,000597,000161,00090,00070,000184,000-176,000-5,363,00016,854,000
interest347,000-762,000-841,000-629,000170,00091,00076,000325,000279,000-17,000-169,000-385,000-367,000-27,000
cash flow from financing-4,614,000-1,792,000-1,922,00036,674,000-7,118,000-2,740,000673,000486,000369,00053,000-6,893,000-2,863,0002,873,00017,434,000
cash and cash equivalents
cash-372,0005,344,000-20,963,00024,406,00028,624,0009,596,0002,244,00015,934,00028,948,0003,725,0007,588,000-12,693,0007,624,00029,779,000
overdraft00000000000000
change in cash-372,0005,344,000-20,963,00024,406,00028,624,0009,596,0002,244,00015,934,00028,948,0003,725,0007,588,000-12,693,0007,624,00029,779,000

P&L

December 2022

turnover

939.2m

+24%

operating profit

31.8m

-3%

gross margin

7.8%

-20.39%

turnover

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

Balance Sheet

December 2022

net assets

76.4m

+0.03%

total assets

347.9m

+0.03%

cash

129.8m

0%

net assets

Total assets minus all liabilities

volkerwessels limited company details

company number

02001762

Type

Private limited with Share Capital

industry

64203 - Activities of construction holding companies

incorporation date

March 1986

age

38

accounts

Group

ultimate parent company

KONINKLIJKE VOLKERWESSELS NV

previous names

fitzpatrick limited (February 2009)

fitzpatrick plc (December 2004)

incorporated

UK

address

hertford road, hoddesdon, hertfordshire, EN11 9BX

last accounts submitted

December 2022

volkerwessels 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 33 charges/mortgages relating to volkerwessels limited. Currently there are 0 open charges and 33 have been satisfied in the past.

charges

volkerwessels limited Companies House Filings - See Documents

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