volkerwessels limited Company Information
Company Number
02001762
Website
www.volkerwessels.co.ukRegistered Address
hertford road, hoddesdon, hertfordshire, EN11 9BX
Industry
Activities of construction holding companies
Telephone
01992305000
Next Accounts Due
September 2024
Group Structure
View All
Shareholders
volker wessels uk ltd 100%
volkerwessels limited Estimated Valuation
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
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
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
8 Strong
0 Regular
4 Weak
Size
annual sales of £939.2m, make it larger than the average company (£24.4m)
£939.2m - Volkerwessels Limited
£24.4m - Industry AVG
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
with a gross margin of 7.8%, this company has a higher cost of product (18%)
7.8% - Volkerwessels Limited
18% - Industry AVG
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
with 1896 employees, this is above the industry average (82)
1896 - Volkerwessels Limited
82 - Industry AVG
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
resulting in sales per employee of £495.4k, this is more efficient (£327.4k)
£495.4k - Volkerwessels Limited
£327.4k - Industry AVG
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
Creditor Days
its suppliers are paid after 57 days, this is slower than average (49 days)
57 days - Volkerwessels Limited
49 days - Industry AVG
Stock Days
it holds stock equivalent to 2 days, this is less than average (19 days)
2 days - Volkerwessels Limited
19 days - Industry AVG
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
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
Volkerwessels Limited Competitor Analysis
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.
Ultimate parent company
KONINKLIJKE VOLKERWESSELS NV
#0031816
2 parents
VOLKERWESSELS LIMITED
02001762
7 subsidiaries
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).
officer | country | age | start | end | role |
---|---|---|---|---|---|
Mr Matthew Woods | 59 years | May 2010 | - | Director | |
Mr Richard Offord | England | 59 years | Mar 2011 | - | Director |
Mr Richard Offord | 59 years | Mar 2011 | - | Director | |
Mrs Anita Harris | England | 48 years | Aug 2023 | - | Director |
VOLKERWESSELS LIMITED financials
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 House, Pomanda Estimates
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 | 939,190,000 | 758,970,000 | 718,152,000 | 758,268,000 | 548,877,000 | 470,357,000 | 580,496,000 | 586,717,000 | 559,109,000 | 495,217,000 | 488,984,000 | 488,788,000 | 413,806,000 | 358,008,000 |
Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Cost Of Sales | 866,424,000 | 685,110,000 | 654,278,000 | 698,826,000 | 504,342,000 | 430,268,000 | 538,118,000 | 546,196,000 | 519,330,000 | 463,442,000 | 454,259,000 | 453,125,000 | 376,040,000 | 314,840,000 |
Gross Profit | 72,766,000 | 73,860,000 | 63,874,000 | 59,442,000 | 44,535,000 | 40,089,000 | 42,378,000 | 40,521,000 | 39,779,000 | 31,775,000 | 34,725,000 | 35,663,000 | 37,766,000 | 43,168,000 |
Admin Expenses | 40,943,000 | 41,193,000 | 36,273,000 | 37,455,000 | 29,024,000 | 27,100,000 | 28,902,000 | 27,547,000 | 28,768,000 | 26,649,000 | 28,313,000 | 26,518,000 | 25,620,000 | 23,672,000 |
Operating Profit | 31,823,000 | 32,667,000 | 27,601,000 | 21,987,000 | 15,511,000 | 12,989,000 | 13,476,000 | 12,974,000 | 11,011,000 | 5,126,000 | 6,412,000 | 9,145,000 | 12,146,000 | 19,496,000 |
Interest Payable | 1,062,000 | 816,000 | 1,086,000 | 1,376,000 | 177,000 | 148,000 | 134,000 | 106,000 | 115,000 | 198,000 | 248,000 | 610,000 | 492,000 | 522,000 |
Interest Receivable | 1,409,000 | 54,000 | 245,000 | 747,000 | 347,000 | 239,000 | 210,000 | 431,000 | 394,000 | 181,000 | 79,000 | 225,000 | 125,000 | 495,000 |
Pre-Tax Profit | 32,170,000 | 31,905,000 | 26,760,000 | 21,358,000 | 15,721,000 | 13,070,000 | 13,550,000 | 13,301,000 | 11,290,000 | 5,053,000 | 6,287,000 | 9,320,000 | 12,241,000 | 19,264,000 |
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 | -1,245,000 | 2,732,000 | -1,690,000 | -3,767,000 | -5,427,000 |
Profit After Tax | 26,318,000 | 25,850,000 | 21,687,000 | 17,058,000 | 12,462,000 | 10,407,000 | 10,840,000 | 10,817,000 | 9,712,000 | 3,808,000 | 9,019,000 | 7,630,000 | 8,474,000 | 13,837,000 |
Dividends Paid | 23,700,000 | 33,000,000 | 17,500,000 | 0 | 0 | 0 | 7,000,000 | 10,000,000 | 2,500,000 | 3,000,000 | 1,500,000 | 0 | 0 | 0 |
Retained Profit | 2,618,000 | -7,150,000 | 4,187,000 | 17,058,000 | 12,462,000 | 10,407,000 | 3,840,000 | 817,000 | 7,212,000 | 808,000 | 7,519,000 | 7,630,000 | 8,474,000 | 13,837,000 |
Employee Costs | 141,132,000 | 130,021,000 | 116,227,000 | 108,334,000 | 93,978,000 | 85,346,000 | 83,576,000 | 79,953,000 | 75,561,000 | 70,311,000 | 65,811,000 | 61,677,000 | 61,539,000 | 54,790,000 |
Number Of Employees | 1,896 | 1,843 | 1,668 | 1,550 | 1,413 | 1,360 | 1,355 | 1,307 | 1,204 | 1,244 | 1,282 | 1,256 | 1,263 | 1,059 |
EBITDA* | 38,587,000 | 46,501,000 | 40,160,000 | 33,868,000 | 17,185,000 | 14,414,000 | 15,085,000 | 14,543,000 | 12,765,000 | 7,028,000 | 8,293,000 | 10,915,000 | 14,335,000 | 21,662,000 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
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 | 49,478,000 | 50,268,000 | 54,383,000 | 51,330,000 | 25,088,000 | 13,262,000 | 19,577,000 | 19,581,000 | 22,279,000 | 18,167,000 | 15,282,000 | 14,934,000 | 16,103,000 | 17,070,000 |
Intangible Assets | 18,181,000 | 19,413,000 | 15,125,000 | 12,547,000 | 13,534,000 | 4,051,000 | 4,642,000 | 4,627,000 | 4,370,000 | 4,060,000 | 3,923,000 | 3,183,000 | 1,072,000 | 474,000 |
Investments & Other | 925,000 | 1,666,000 | 0 | 1,595,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 865,000 |
Debtors (Due After 1 year) | 9,987,000 | 7,545,000 | 11,903,000 | 7,311,000 | 4,955,000 | 3,436,000 | 6,936,000 | 7,130,000 | 9,525,000 | 5,800,000 | 2,518,000 | 2,566,000 | 2,824,000 | 2,526,000 |
Total Fixed Assets | 66,659,000 | 68,093,000 | 66,807,000 | 62,682,000 | 38,622,000 | 17,313,000 | 24,219,000 | 24,208,000 | 26,649,000 | 22,227,000 | 19,205,000 | 18,117,000 | 17,175,000 | 17,544,000 |
Stock & work in progress | 6,096,000 | 8,701,000 | 6,537,000 | 5,252,000 | 4,037,000 | 4,232,000 | 2,054,000 | 1,758,000 | 117,000 | 104,000 | 0 | 0 | 772,000 | 1,507,000 |
Trade Debtors | 70,993,000 | 72,956,000 | 100,453,000 | 50,738,000 | 51,928,000 | 82,036,000 | 32,837,000 | 17,444,000 | 24,004,000 | 27,443,000 | 17,888,000 | 26,297,000 | 28,577,000 | 21,815,000 |
Group Debtors | 11,449,000 | 12,233,000 | 7,341,000 | 11,193,000 | 6,564,000 | 8,779,000 | 5,204,000 | 3,315,000 | 7,404,000 | 8,907,000 | 6,256,000 | 5,621,000 | 862,000 | 1,797,000 |
Misc Debtors | 14,501,000 | 7,465,000 | 5,873,000 | 6,794,000 | 4,268,000 | 5,988,000 | 70,582,000 | 90,127,000 | 101,779,000 | 86,872,000 | 85,030,000 | 68,687,000 | 56,510,000 | 51,605,000 |
Cash | 129,784,000 | 130,156,000 | 124,812,000 | 145,775,000 | 121,369,000 | 92,745,000 | 83,149,000 | 80,905,000 | 64,971,000 | 36,023,000 | 32,298,000 | 24,710,000 | 37,403,000 | 29,779,000 |
misc current assets | 48,413,000 | 39,253,000 | 0 | 40,691,000 | 42,506,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total current assets | 281,236,000 | 270,764,000 | 245,016,000 | 260,443,000 | 230,672,000 | 193,780,000 | 193,826,000 | 193,549,000 | 198,275,000 | 159,349,000 | 141,472,000 | 125,315,000 | 124,124,000 | 106,503,000 |
total assets | 347,895,000 | 338,857,000 | 311,823,000 | 323,125,000 | 269,294,000 | 211,093,000 | 218,045,000 | 217,757,000 | 224,924,000 | 181,576,000 | 160,677,000 | 143,432,000 | 141,299,000 | 124,047,000 |
Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Trade Creditors | 135,937,000 | 117,948,000 | 113,879,000 | 131,640,000 | 98,181,000 | 85,388,000 | 104,454,000 | 104,292,000 | 84,656,000 | 94,400,000 | 85,548,000 | 64,688,000 | 70,658,000 | 55,345,000 |
Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 5,154,000 | 6,908,000 | 0 |
other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
hp & lease commitments | 9,204,000 | 8,463,000 | 7,312,000 | 7,801,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 3,000 | 45,000 |
other current liabilities | 113,775,000 | 123,220,000 | 93,776,000 | 89,117,000 | 93,840,000 | 53,214,000 | 50,223,000 | 54,643,000 | 82,498,000 | 36,709,000 | 25,552,000 | 30,131,000 | 27,242,000 | 36,887,000 |
total current liabilities | 258,916,000 | 249,631,000 | 214,967,000 | 228,558,000 | 192,021,000 | 138,602,000 | 154,677,000 | 158,935,000 | 167,154,000 | 131,109,000 | 111,100,000 | 99,973,000 | 104,811,000 | 92,277,000 |
loans | 24,400,000 | 27,794,000 | 29,056,000 | 28,844,000 | 145,000 | 0 | 0 | 0 | 0 | 0 | 0 | 1,754,000 | 1,754,000 | 6,000 |
hp & lease commitments | 12,200,000 | 13,897,000 | 14,528,000 | 14,422,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 3,000 |
Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other liabilities | 0 | 0 | 505,000 | 1,229,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 545,000 | 553,000 |
provisions | 670,000 | 1,784,000 | 906,000 | 3,094,000 | 3,938,000 | 4,722,000 | 1,628,000 | 1,410,000 | 1,262,000 | 1,260,000 | 1,236,000 | 898,000 | 774,000 | 1,046,000 |
total long term liabilities | 12,535,000 | 14,789,000 | 15,486,000 | 17,198,000 | 2,114,000 | 2,361,000 | 814,000 | 705,000 | 631,000 | 630,000 | 618,000 | 2,203,000 | 2,686,000 | 1,079,000 |
total liabilities | 271,451,000 | 264,420,000 | 230,453,000 | 245,756,000 | 194,135,000 | 140,963,000 | 155,491,000 | 159,640,000 | 167,785,000 | 131,739,000 | 111,718,000 | 102,176,000 | 107,497,000 | 93,356,000 |
net assets | 76,444,000 | 74,437,000 | 81,370,000 | 77,369,000 | 75,159,000 | 70,130,000 | 62,554,000 | 58,117,000 | 57,139,000 | 49,837,000 | 48,959,000 | 41,256,000 | 33,802,000 | 30,691,000 |
total shareholders funds | 76,444,000 | 74,437,000 | 81,370,000 | 77,369,000 | 75,159,000 | 70,130,000 | 62,554,000 | 58,117,000 | 57,139,000 | 49,837,000 | 48,959,000 | 41,256,000 | 33,802,000 | 30,691,000 |
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 | 31,823,000 | 32,667,000 | 27,601,000 | 21,987,000 | 15,511,000 | 12,989,000 | 13,476,000 | 12,974,000 | 11,011,000 | 5,126,000 | 6,412,000 | 9,145,000 | 12,146,000 | 19,496,000 |
Depreciation | 2,858,000 | 11,972,000 | 10,697,000 | 9,862,000 | 837,000 | 757,000 | 752,000 | 779,000 | 949,000 | 1,399,000 | 1,433,000 | 1,566,000 | 1,910,000 | 2,073,000 |
Amortisation | 3,906,000 | 1,862,000 | 1,862,000 | 2,019,000 | 837,000 | 668,000 | 857,000 | 790,000 | 805,000 | 503,000 | 448,000 | 204,000 | 279,000 | 93,000 |
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 | -1,245,000 | 2,732,000 | -1,690,000 | -3,767,000 | -5,427,000 |
Stock | -2,605,000 | 2,164,000 | 1,285,000 | 1,215,000 | -195,000 | 2,178,000 | 296,000 | 1,641,000 | 13,000 | 104,000 | 0 | -772,000 | -735,000 | 1,507,000 |
Debtors | 6,731,000 | -25,371,000 | 49,534,000 | 8,321,000 | -32,524,000 | -15,320,000 | -2,457,000 | -24,696,000 | 13,690,000 | 17,330,000 | 8,521,000 | 14,398,000 | 11,030,000 | 77,743,000 |
Creditors | 17,989,000 | 4,069,000 | -17,761,000 | 33,459,000 | 12,793,000 | -19,066,000 | 162,000 | 19,636,000 | -9,744,000 | 8,852,000 | 20,860,000 | -5,970,000 | 15,313,000 | 55,345,000 |
Accruals and Deferred Income | -9,445,000 | 29,444,000 | 4,659,000 | -4,723,000 | 40,626,000 | 2,991,000 | -4,420,000 | -27,855,000 | 45,789,000 | 11,157,000 | -4,579,000 | 2,889,000 | -9,645,000 | 36,887,000 |
Deferred Taxes & Provisions | -1,114,000 | 878,000 | -2,188,000 | -844,000 | -784,000 | 3,094,000 | 218,000 | 148,000 | 2,000 | 24,000 | 338,000 | 124,000 | -272,000 | 1,046,000 |
Cash flow from operations | 36,039,000 | 98,044,000 | -31,022,000 | 47,924,000 | 99,280,000 | 11,912,000 | 10,496,000 | 27,043,000 | 33,531,000 | 8,382,000 | 19,123,000 | -7,358,000 | 5,669,000 | 30,263,000 |
Investing Activities | ||||||||||||||
capital expenditure | ||||||||||||||
Change in Investments | -741,000 | 1,666,000 | -1,595,000 | 1,595,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -865,000 | 865,000 |
cash flow from investments | ||||||||||||||
Financing Activities | ||||||||||||||
Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -5,154,000 | -1,754,000 | 6,908,000 | 0 |
Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Long term loans | -3,394,000 | -1,262,000 | 212,000 | 28,699,000 | 145,000 | 0 | 0 | 0 | 0 | 0 | -1,754,000 | 0 | 1,748,000 | 6,000 |
Hire Purchase and Lease Commitments | -956,000 | 520,000 | -383,000 | 22,223,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -3,000 | -45,000 | 48,000 |
other long term liabilities | 0 | -505,000 | -724,000 | 1,229,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -545,000 | -8,000 | 553,000 |
share issue | ||||||||||||||
interest | 347,000 | -762,000 | -841,000 | -629,000 | 170,000 | 91,000 | 76,000 | 325,000 | 279,000 | -17,000 | -169,000 | -385,000 | -367,000 | -27,000 |
cash flow from financing | -4,614,000 | -1,792,000 | -1,922,000 | 36,674,000 | -7,118,000 | -2,740,000 | 673,000 | 486,000 | 369,000 | 53,000 | -6,893,000 | -2,863,000 | 2,873,000 | 17,434,000 |
cash and cash equivalents | ||||||||||||||
cash | -372,000 | 5,344,000 | -20,963,000 | 24,406,000 | 28,624,000 | 9,596,000 | 2,244,000 | 15,934,000 | 28,948,000 | 3,725,000 | 7,588,000 | -12,693,000 | 7,624,000 | 29,779,000 |
overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
change in cash | -372,000 | 5,344,000 | -20,963,000 | 24,406,000 | 28,624,000 | 9,596,000 | 2,244,000 | 15,934,000 | 28,948,000 | 3,725,000 | 7,588,000 | -12,693,000 | 7,624,000 | 29,779,000 |
P&L
December 2022turnover
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 2022net 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
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.
volkerwessels limited Companies House Filings - See Documents
date | description | view/download |
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