Weigh Well Engineering Limited

POWER SEARCH PRICING

SOLUTIONS

weigh well engineering limited Company Information

Live

MatureSmallDeclining

Company Number

02261763

Website

www.weighwell.com

Registered Address

weighwell house, woolley colliery road, darton, barnsley, south yorkshire, S75 5JA

Industry

Manufacture of electronic instruments and appliances for measuring, testing, and navigation, except industrial process control equipment

Machining

View All

Telephone

01142699955

Next Accounts Due

March 2025

Group Structure

View All

Directors

Paul Horsfall33 Years

Shareholders

welldale group limited 100%

weigh well engineering limited Estimated Valuation

£7.3m

Pomanda estimates the enterprise value of WEIGH WELL ENGINEERING LIMITED at £7.3m based on Net Assets of £3.5m and 2.1x industry multiple (adjusted for liquidity).

Edit your figures and get a professional valuation report.

Weigh Well Engineering Limited is a live company located in barnsley, S75 5JA with a Companies House number of 02261763. It operates in the machining sector, SIC Code 25620. Founded in May 1988, it's largest shareholder is welldale group limited with a 100% stake. Weigh Well Engineering Limited is a mature, small sized company, Pomanda has estimated its turnover at £971.3k with declining growth in recent years.

View Sample

Upgrade for unlimited company reports & a free credit check

Pomanda's financial health check has awarded Weigh Well Engineering Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 7 areas for improvement. Company Health Check FAQs

Health Rating3.5out of 5

3 Strong

2 Regular

7 Weak

Size

annual sales of £971.3k, make it smaller than the average company (£10.6m)

Growth

3 year (CAGR) sales growth of -3%, show it is growing at a slower rate (3.4%)

EXPORT

Weigh Well Engineering Limited's latest turnover from June 2023 is estimated at £971.3 thousand and the company has net assets of £3.5 million. According to their latest financial statements, Weigh Well Engineering Limited has 10 employees and maintains cash reserves of £2.7 million as reported in the balance sheet.

Data source: Companies House, Pomanda Estimates

	Jun 2023	Jun 2022	Jun 2021	Jun 2020	Jun 2019	Jun 2018	Jun 2017	Jun 2016	Jun 2015	Jun 2014	Jun 2013	Jun 2012	Jun 2011	Jun 2010
Turnover	971,332	1,145,183	719,962	1,069,614	1,045,732	757,227	835,953	833,449	785,255	574,920	973,059	412,239	419,455	1,080,823
Other Income Or Grants	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Cost Of Sales	644,910	750,144	480,013	699,420	687,825	490,634	539,783	541,270	511,625	374,483	636,325	269,257	271,518	697,729
Gross Profit	326,422	395,039	239,949	370,194	357,907	266,592	296,170	292,179	273,630	200,437	336,734	142,982	147,937	383,095
Admin Expenses	634,859	229,315	304,534	-48,967	-108,392	-146,899	-151,929	-375,277	189,729	285,931	159,618	-115,174	106,294	-1,071,507
Operating Profit	-308,437	165,724	-64,585	419,161	466,299	413,491	448,099	667,456	83,901	-85,494	177,116	258,156	41,643	1,454,602
Interest Payable	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Interest Receivable	137,297	34,138	2,502	2,325	17,309	10,420	4,206	6,347	4,927	4,585	4,490	4,133	4,059	2,155
Pre-Tax Profit	-171,140	199,862	-62,083	421,485	483,607	423,911	452,305	673,803	88,828	-80,909	181,606	262,288	45,703	1,456,757
Tax	0	-37,974	0	-80,082	-91,885	-80,543	-85,938	-134,760	-17,765	0	-41,769	-62,949	-11,883	-407,892
Profit After Tax	-171,140	161,888	-62,083	341,403	391,722	343,368	366,367	539,042	71,062	-80,909	139,837	199,339	33,820	1,048,865
Dividends Paid	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Retained Profit	-171,140	161,888	-62,083	341,403	391,722	343,368	366,367	539,042	71,062	-80,909	139,837	199,339	33,820	1,048,865
Employee Costs	478,601	413,909	352,351	353,969	386,668	377,744	365,541	314,062	235,987	193,784	267,197	111,635	142,283	315,999
Number Of Employees	10	9	8	8	9	9	9	8	6	5	7	3	4	9
EBITDA*	-275,996	197,052	-49,627	433,934	481,795	428,053	465,130	681,284	103,807	-70,791	196,967	278,004	68,698	1,479,383

* Earnings Before Interest, Tax, Depreciation and Amortisation

	Jun 2023	Jun 2022	Jun 2021	Jun 2020	Jun 2019	Jun 2018	Jun 2017	Jun 2016	Jun 2015	Jun 2014	Jun 2013	Jun 2012	Jun 2011	Jun 2010
Tangible Assets	471,659	480,874	487,310	393,625	405,157	295,794	309,079	305,541	316,485	441,206	450,388	450,189	466,559	460,812
Intangible Assets	517	550	583	616	1	1	1	1	1	1,000	2,912	7,988	6,720	10,322
Investments & Other	130,000	130,000	130,000	0	0	0	0	0	0	0	0	0	0	0
Debtors (Due After 1 year)	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Total Fixed Assets	602,176	611,424	617,893	394,241	405,158	295,795	309,080	305,542	316,486	442,206	453,300	458,177	473,279	471,134
Stock & work in progress	50,000	40,000	50,000	30,000	30,000	30,000	15,500	15,500	15,500	14,500	14,500	9,700	5,200	5,149
Trade Debtors	212,404	333,654	159,509	302,328	304,347	173,955	218,283	227,406	193,289	136,568	258,884	95,122	96,512	203,428
Group Debtors	256,552	256,101	255,470	455,050	85,050	0	0	0	0	0	0	0	0	0
Misc Debtors	15,736	13,670	27,015	68,450	5,220	5,367	6,251	12,306	0	0	0	0	0	0
Cash	2,699,986	2,791,879	2,670,184	2,333,815	2,315,260	2,300,435	1,867,516	1,497,020	1,041,617	929,053	904,815	891,340	761,721	862,070
misc current assets	0	0	1,524	0	0	0	0	0	0	0	0	0	0	0
total current assets	3,234,678	3,435,304	3,163,702	3,189,643	2,739,877	2,509,757	2,107,550	1,752,232	1,250,406	1,080,121	1,178,199	996,162	863,433	1,070,647
total assets	3,836,854	4,046,728	3,781,595	3,583,884	3,145,035	2,805,552	2,416,630	2,057,774	1,566,892	1,522,327	1,631,499	1,454,339	1,336,712	1,541,781
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	32,130	16,217	28,057	45,145	22,223	12,864	19,539	32,569	125,076	114,313	140,496	98,307	117,980	339,232
Group/Directors Accounts	198,610	199,040	199,520	0	0	0	0	0	0	0	0	0	0	0
other short term finances	0	0	0	0	0	0	0	0	0	0	0	0	0	0
hp & lease commitments	0	0	0	0	0	0	0	0	0	0	0	0	0	0
other current liabilities	91,176	153,381	34,257	138,449	62,965	123,508	69,744	65,888	0	0	0	0	0	0
total current liabilities	321,916	368,638	261,834	183,594	85,188	136,372	89,283	98,457	125,076	114,313	140,496	98,307	117,980	339,232
loans	0	0	0	0	0	0	0	0	0	0	0	0	0	0
hp & lease commitments	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Accruals and Deferred Income	0	0	0	0	0	0	0	0	0	36,960	37,840	38,720	39,600	40,480
other liabilities	0	0	0	0	0	0	0	0	0	0	0	4,586	67,945	83,002
provisions	50,562	38,522	38,029	6,372	7,332	8,387	9,922	8,259	29,800	30,100	31,300	30,700	28,500	30,200
total long term liabilities	50,562	38,522	38,029	6,372	7,332	8,387	9,922	8,259	29,800	67,060	69,140	74,006	136,045	153,682
total liabilities	372,478	407,160	299,863	189,966	92,520	144,759	99,205	106,716	154,876	181,373	209,636	172,313	254,025	492,914
net assets	3,464,376	3,639,568	3,481,732	3,393,918	3,052,515	2,660,793	2,317,425	1,951,058	1,412,016	1,340,954	1,421,863	1,282,026	1,082,687	1,048,867
total shareholders funds	3,464,376	3,639,568	3,481,732	3,393,918	3,052,515	2,660,793	2,317,425	1,951,058	1,412,016	1,340,954	1,421,863	1,282,026	1,082,687	1,048,867

	Jun 2023	Jun 2022	Jun 2021	Jun 2020	Jun 2019	Jun 2018	Jun 2017	Jun 2016	Jun 2015	Jun 2014	Jun 2013	Jun 2012	Jun 2011	Jun 2010
Operating Activities
Operating Profit	-308,437	165,724	-64,585	419,161	466,299	413,491	448,099	667,456	83,901	-85,494	177,116	258,156	41,643	1,454,602
Depreciation	32,408	31,295	14,925	14,739	15,496	14,562	17,031	13,828	18,907	12,791	14,775	14,770	22,613	20,424
Amortisation	33	33	33	34	0	0	0	0	999	1,912	5,076	5,078	4,442	4,357
Tax	0	-37,974	0	-80,082	-91,885	-80,543	-85,938	-134,760	-17,765	0	-41,769	-62,949	-11,883	-407,892
Stock	10,000	-10,000	20,000	0	0	14,500	0	0	1,000	0	4,800	4,500	51	5,149
Debtors	-118,733	161,431	-383,834	431,211	215,295	-45,212	-15,178	46,423	56,721	-122,316	163,762	-1,390	-106,916	203,428
Creditors	15,913	-11,840	-17,088	22,922	9,359	-6,675	-13,030	-92,507	10,763	-26,183	42,189	-19,673	-221,252	339,232
Accruals and Deferred Income	-62,205	119,124	-104,192	75,484	-60,543	53,764	3,856	65,888	-36,960	-880	-880	-880	-880	40,480
Deferred Taxes & Provisions	12,040	493	31,657	-960	-1,055	-1,535	1,663	-21,541	-300	-1,200	600	2,200	-1,700	30,200
Cash flow from operations	-201,515	115,424	224,584	20,087	122,376	423,776	386,859	451,941	1,824	23,262	28,545	193,592	-60,152	1,272,826
Investing Activities
capital expenditure	-23,193	-24,859	-108,610	-3,856	-124,859	-1,277	-20,569	-2,884	105,814	-3,609	-14,974	-4,746	-29,200	-495,915
Change in Investments	0	0	130,000	0	0	0	0	0	0	0	0	0	0	0
cash flow from investments	-23,193	-24,859	-238,610	-3,856	-124,859	-1,277	-20,569	-2,884	105,814	-3,609	-14,974	-4,746	-29,200	-495,915
Financing Activities
Bank loans	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Group/Directors Accounts	-430	-480	199,520	0	0	0	0	0	0	0	0	0	0	0
Other Short Term Loans	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Long term loans	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Hire Purchase and Lease Commitments	0	0	0	0	0	0	0	0	0	0	0	0	0	0
other long term liabilities	0	0	0	0	0	0	0	0	0	0	-4,586	-63,359	-15,057	83,002
share issue	-4,052	-4,052	149,897	0	0	0	0	0	0	0	0	0	0	2
interest	137,297	34,138	2,502	2,325	17,309	10,420	4,206	6,347	4,927	4,585	4,490	4,133	4,059	2,155
cash flow from financing	132,815	29,606	351,919	2,325	17,309	10,420	4,206	6,347	4,927	4,585	-96	-59,226	-10,998	85,159
cash and cash equivalents
cash	-91,893	121,695	336,369	18,555	14,825	432,919	370,496	455,403	112,564	24,238	13,475	129,619	-100,349	862,070
overdraft	0	0	0	0	0	0	0	0	0	0	0	0	0	0
change in cash	-91,893	121,695	336,369	18,555	14,825	432,919	370,496	455,403	112,564	24,238	13,475	129,619	-100,349	862,070

Very Low Risk70 - 100

Low Risk50 - 70

Moderate Risk30 - 50

High Risk20 - 30

Very High Risk0 - 20

Get a comprehensive credit check for weigh well engineering limited. Get real-time insights into weigh well engineering 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

Perform a competitor analysis for weigh well engineering limited by selecting its closest rivals, whether from the MANUFACTURING sector, other small companies, companies in S75 area or any other competitors across 12 key performance metrics.

WEIGH WELL ENGINEERING LIMITED group structure

Weigh Well Engineering Limited has no subsidiary companies.

Ultimate parent company

WELLDALE GROUP LIMITED

12340657

1 parent

WEIGH WELL ENGINEERING LIMITED

02261763

WEIGH WELL ENGINEERING LIMITED Shareholders

welldale group limited

100%

Weigh Well Engineering Limited currently has 1 director, Mr Paul Horsfall serving since Dec 1990.

officer	country	age	start	end	role
Mr Paul Horsfall	United Kingdom	58 years	Dec 1990	-	Director

P&L

June 2023

turnover

971.3k

-15%

operating profit

-308.4k

gross margin

33.7%

-2.58%

turnover

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

Balance Sheet

June 2023

net assets

3.5m

-0.05%

total assets

3.8m

-0.05%

cash

2.7m

-0.03%

net assets

Total assets minus all liabilities

Similar Companies

engineering systems (nottm) limited

3.5

hugh prichard & co (nottingham) ltd

angstrom limited

online engineering systems limited

premier machining limited

company number

02261763

Type

Private limited with Share Capital

industry

28990 - Manufacture of other special-purpose machinery n.e.c.

26511 - Manufacture of electronic instruments and appliances for measuring, testing, and navigation, except industrial process control equipment

25620 - Machining

incorporation date

May 1988

ultimate parent company

WELLDALE GROUP LIMITED

previous names

doubledial limited (August 1988)

address

weighwell house, woolley colliery road, darton, barnsley, south yorkshire, S75 5JA

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 2 charges/mortgages relating to weigh well engineering limited. Currently there are 0 open charges and 2 have been satisfied in the past.

weigh well engineering limited Company Information

weigh well engineering limited Estimated Valuation

weigh well engineering limited Estimated Valuation

weigh well engineering limited Estimated Valuation

Weigh Well Engineering Limited Overview

Weigh Well Engineering Limited Health Check

WEIGH WELL ENGINEERING LIMITED financials

weigh well engineering limited Credit Report and Business Information

Weigh Well Engineering Limited Competitor Analysis

weigh well engineering limited Ownership

weigh well engineering limited directors

weigh well engineering limited company details

weigh well engineering limited Charges & Mortgages

weigh well engineering limited Companies House Filings - See Documents