united welding supplies limited Company Information
Company Number
02390879
Next Accounts
Dec 2025
Shareholders
yvonne maura allen
colin charles allen
View AllGroup Structure
View All
Industry
Other business support service activities n.e.c.
Registered Address
manufactory house, bell lane, hertford herts, SG14 1BP
Website
www.unitedwelding.co.ukunited welding supplies limited Estimated Valuation
Pomanda estimates the enterprise value of UNITED WELDING SUPPLIES LIMITED at £7.8m based on a Turnover of £11.3m and 0.69x industry multiple (adjusted for size and gross margin).
united welding supplies limited Estimated Valuation
Pomanda estimates the enterprise value of UNITED WELDING SUPPLIES LIMITED at £1.5m based on an EBITDA of £294.2k and a 5.06x industry multiple (adjusted for size and gross margin).
united welding supplies limited Estimated Valuation
Pomanda estimates the enterprise value of UNITED WELDING SUPPLIES LIMITED at £5.3m based on Net Assets of £2.5m and 2.13x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
United Welding Supplies Limited Overview
United Welding Supplies Limited is a live company located in hertford herts, SG14 1BP with a Companies House number of 02390879. It operates in the other business support service activities n.e.c. sector, SIC Code 82990. Founded in June 1989, it's largest shareholder is yvonne maura allen with a 45% stake. United Welding Supplies Limited is a mature, mid sized company, Pomanda has estimated its turnover at £11.3m with healthy growth in recent years.
Upgrade for unlimited company reports & a free credit check
United Welding Supplies Limited Health Check
Pomanda's financial health check has awarded United Welding Supplies Limited a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 4 areas for improvement. Company Health Check FAQs


5 Strong

3 Regular

4 Weak

Size
annual sales of £11.3m, make it larger than the average company (£3.7m)
- United Welding Supplies Limited
£3.7m - Industry AVG

Growth
3 year (CAGR) sales growth of 7%, show it is growing at a similar rate (8.3%)
- United Welding Supplies Limited
8.3% - Industry AVG

Production
with a gross margin of 38%, this company has a comparable cost of product (38%)
- United Welding Supplies Limited
38% - Industry AVG

Profitability
an operating margin of 1.8% make it less profitable than the average company (5.7%)
- United Welding Supplies Limited
5.7% - Industry AVG

Employees
with 38 employees, this is above the industry average (22)
38 - United Welding Supplies Limited
22 - Industry AVG

Pay Structure
on an average salary of £46.5k, the company has an equivalent pay structure (£46.5k)
- United Welding Supplies Limited
£46.5k - Industry AVG

Efficiency
resulting in sales per employee of £297.2k, this is more efficient (£146k)
- United Welding Supplies Limited
£146k - Industry AVG

Debtor Days
it gets paid by customers after 61 days, this is later than average (36 days)
- United Welding Supplies Limited
36 days - Industry AVG

Creditor Days
its suppliers are paid after 57 days, this is slower than average (33 days)
- United Welding Supplies Limited
33 days - Industry AVG

Stock Days
it holds stock equivalent to 61 days, this is more than average (28 days)
- United Welding Supplies Limited
28 days - Industry AVG

Cash Balance
has cash to cover current liabilities for 5 weeks, this is less cash available to meet short term requirements (26 weeks)
5 weeks - United Welding Supplies Limited
26 weeks - Industry AVG

Debt Level
it has a ratio of liabilities to total assets of 45.5%, this is a lower level of debt than the average (58.8%)
45.5% - United Welding Supplies Limited
58.8% - Industry AVG
UNITED WELDING SUPPLIES LIMITED financials

United Welding Supplies Limited's latest turnover from March 2024 is estimated at £11.3 million and the company has net assets of £2.5 million. According to their latest financial statements, United Welding Supplies Limited has 38 employees and maintains cash reserves of £206.1 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Turnover | |||||||||||||||
Other Income Or Grants | |||||||||||||||
Cost Of Sales | |||||||||||||||
Gross Profit | |||||||||||||||
Admin Expenses | |||||||||||||||
Operating Profit | |||||||||||||||
Interest Payable | |||||||||||||||
Interest Receivable | |||||||||||||||
Pre-Tax Profit | |||||||||||||||
Tax | |||||||||||||||
Profit After Tax | |||||||||||||||
Dividends Paid | |||||||||||||||
Retained Profit | |||||||||||||||
Employee Costs | |||||||||||||||
Number Of Employees | 38 | 38 | 38 | 35 | 41 | 40 | 37 | 34 | |||||||
EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Tangible Assets | 480,969 | 473,344 | 444,229 | 396,457 | 358,998 | 419,318 | 419,781 | 337,698 | 330,396 | 276,730 | 256,468 | 224,381 | 188,423 | 169,867 | 190,153 |
Intangible Assets | 31,534 | 41,236 | 48,513 | ||||||||||||
Investments & Other | |||||||||||||||
Debtors (Due After 1 year) | |||||||||||||||
Total Fixed Assets | 512,503 | 514,580 | 492,742 | 396,457 | 358,998 | 419,318 | 419,781 | 337,698 | 330,396 | 276,730 | 256,468 | 224,381 | 188,423 | 169,867 | 190,153 |
Stock & work in progress | 1,171,735 | 1,073,588 | 1,134,840 | 635,320 | 624,685 | 696,775 | 635,500 | 620,000 | 618,180 | 579,520 | 673,860 | 659,217 | 637,069 | 565,069 | 527,000 |
Trade Debtors | 1,892,151 | 1,931,695 | 1,882,723 | 1,515,999 | 1,566,873 | 1,631,434 | 1,466,097 | 1,293,438 | 1,239,578 | 1,121,343 | 1,145,869 | 987,658 | 1,002,999 | 779,302 | 629,883 |
Group Debtors | |||||||||||||||
Misc Debtors | 796,139 | 671,229 | 547,009 | 547,895 | 41,027 | 34,943 | 30,338 | 31,543 | 32,512 | ||||||
Cash | 206,127 | 92,964 | 22,897 | 83,842 | 61,159 | 33,445 | 48,008 | 47,018 | 63,506 | 103,452 | 79,529 | 21,744 | 9,102 | 230 | 1,608 |
misc current assets | |||||||||||||||
total current assets | 4,066,152 | 3,769,476 | 3,587,469 | 2,783,056 | 2,293,744 | 2,396,597 | 2,179,943 | 1,991,999 | 1,953,776 | 1,804,315 | 1,899,258 | 1,668,619 | 1,649,170 | 1,344,601 | 1,158,491 |
total assets | 4,578,655 | 4,284,056 | 4,080,211 | 3,179,513 | 2,652,742 | 2,815,915 | 2,599,724 | 2,329,697 | 2,284,172 | 2,081,045 | 2,155,726 | 1,893,000 | 1,837,593 | 1,514,468 | 1,348,644 |
Bank overdraft | |||||||||||||||
Bank loan | |||||||||||||||
Trade Creditors | 1,111,918 | 1,079,805 | 1,004,081 | 1,331,157 | 1,350,051 | 1,203,638 | 1,013,391 | 948,861 | 1,009,765 | 1,369,680 | 1,461,176 | 1,276,704 | 1,222,293 | 906,647 | 714,461 |
Group/Directors Accounts | 146,107 | ||||||||||||||
other short term finances | |||||||||||||||
hp & lease commitments | 32,360 | 3,226 | 24,565 | 16,886 | |||||||||||
other current liabilities | 773,762 | 759,352 | 837,983 | 571,833 | 281,831 | 575,663 | 390,253 | 508,247 | 541,949 | ||||||
total current liabilities | 1,918,040 | 1,839,157 | 1,842,064 | 1,902,990 | 1,631,882 | 1,779,301 | 1,552,977 | 1,481,673 | 1,568,600 | 1,369,680 | 1,461,176 | 1,276,704 | 1,222,293 | 906,647 | 714,461 |
loans | |||||||||||||||
hp & lease commitments | 55,311 | 3,226 | 22,375 | ||||||||||||
Accruals and Deferred Income | |||||||||||||||
other liabilities | 22,971 | 28,047 | 12,662 | 15,834 | 14,170 | 25,256 | |||||||||
provisions | 107,753 | 106,186 | 72,554 | 53,270 | 46,878 | 48,270 | 51,479 | ||||||||
total long term liabilities | 163,064 | 106,186 | 72,554 | 53,270 | 46,878 | 48,270 | 51,479 | 3,226 | 22,375 | 22,971 | 28,047 | 12,662 | 15,834 | 14,170 | 25,256 |
total liabilities | 2,081,104 | 1,945,343 | 1,914,618 | 1,956,260 | 1,678,760 | 1,827,571 | 1,604,456 | 1,484,899 | 1,590,975 | 1,392,651 | 1,489,223 | 1,289,366 | 1,238,127 | 920,817 | 739,717 |
net assets | 2,497,551 | 2,338,713 | 2,165,593 | 1,223,253 | 973,982 | 988,344 | 995,268 | 844,798 | 693,197 | 688,394 | 666,503 | 603,634 | 599,466 | 593,651 | 608,927 |
total shareholders funds | 2,497,551 | 2,338,713 | 2,165,593 | 1,223,253 | 973,982 | 988,344 | 995,268 | 844,798 | 693,197 | 688,394 | 666,503 | 603,634 | 599,466 | 593,651 | 608,927 |
Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Operating Activities | |||||||||||||||
Operating Profit | |||||||||||||||
Depreciation | 80,596 | 78,993 | 72,620 | 64,125 | 65,564 | 71,745 | 60,059 | 58,001 | 53,961 | 47,010 | 56,081 | 37,491 | 32,887 | 34,656 | 34,659 |
Amortisation | 9,702 | 7,277 | |||||||||||||
Tax | |||||||||||||||
Stock | 98,147 | -61,252 | 499,520 | 10,635 | -72,090 | 61,275 | 15,500 | 1,820 | 38,660 | -94,340 | 14,643 | 22,148 | 72,000 | 38,069 | 527,000 |
Debtors | 85,366 | 173,192 | 365,838 | 455,994 | -58,477 | 169,942 | 171,454 | 52,891 | 150,747 | -24,526 | 158,211 | -15,341 | 223,697 | 149,419 | 629,883 |
Creditors | 32,113 | 75,724 | -327,076 | -18,894 | 146,413 | 190,247 | 64,530 | -60,904 | -359,915 | -91,496 | 184,472 | 54,411 | 315,646 | 192,186 | 714,461 |
Accruals and Deferred Income | 14,410 | -78,631 | 266,150 | 290,002 | -293,832 | 185,410 | -117,994 | -33,702 | 541,949 | ||||||
Deferred Taxes & Provisions | 1,567 | 33,632 | 19,284 | 6,392 | -1,392 | -3,209 | 51,479 | ||||||||
Cash flow from operations | |||||||||||||||
Investing Activities | |||||||||||||||
capital expenditure | |||||||||||||||
Change in Investments | |||||||||||||||
cash flow from investments | |||||||||||||||
Financing Activities | |||||||||||||||
Bank loans | |||||||||||||||
Group/Directors Accounts | -146,107 | 146,107 | |||||||||||||
Other Short Term Loans | |||||||||||||||
Long term loans | |||||||||||||||
Hire Purchase and Lease Commitments | 87,671 | -3,226 | -24,565 | -11,470 | 39,261 | ||||||||||
other long term liabilities | -22,971 | -5,076 | 15,385 | -3,172 | 1,664 | -11,086 | 25,256 | ||||||||
share issue | |||||||||||||||
interest | |||||||||||||||
cash flow from financing | |||||||||||||||
cash and cash equivalents | |||||||||||||||
cash | 113,163 | 70,067 | -60,945 | 22,683 | 27,714 | -14,563 | 990 | -16,488 | -39,946 | 23,923 | 57,785 | 12,642 | 8,872 | -1,378 | 1,608 |
overdraft | |||||||||||||||
change in cash | 113,163 | 70,067 | -60,945 | 22,683 | 27,714 | -14,563 | 990 | -16,488 | -39,946 | 23,923 | 57,785 | 12,642 | 8,872 | -1,378 | 1,608 |
united welding supplies limited Credit Report and Business Information
United Welding Supplies Limited Competitor Analysis

Perform a competitor analysis for united welding supplies limited by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other mid companies, companies in SG14 area or any other competitors across 12 key performance metrics.
united welding supplies limited Ownership
UNITED WELDING SUPPLIES LIMITED group structure
United Welding Supplies Limited has no subsidiary companies.
Ultimate parent company
UNITED WELDING SUPPLIES LIMITED
02390879
united welding supplies limited directors
United Welding Supplies Limited currently has 4 directors. The longest serving directors include Mr Colin Allen (Aug 1991) and Mr Adam Wigley (Nov 2017).
officer | country | age | start | end | role |
---|---|---|---|---|---|
Mr Colin Allen | England | 71 years | Aug 1991 | - | Director |
Mr Adam Wigley | England | 45 years | Nov 2017 | - | Director |
Mr James Harrison | England | 48 years | Nov 2017 | - | Director |
Mr Patrick Appleby | England | 48 years | Nov 2017 | - | Director |
P&L
March 2024turnover
11.3m
+7%
operating profit
203.9k
0%
gross margin
38%
-1.31%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2024net assets
2.5m
+0.07%
total assets
4.6m
+0.07%
cash
206.1k
+1.22%
net assets
Total assets minus all liabilities
united welding supplies limited company details
company number
02390879
Type
Private limited with Share Capital
industry
82990 - Other business support service activities n.e.c.
incorporation date
June 1989
age
36
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
March 2024
previous names
united welding supplies (norwich) limited (March 1999)
flintblock limited (July 1989)
accountant
COOK AND PARTNERS LIMITED
auditor
-
address
manufactory house, bell lane, hertford herts, SG14 1BP
Bank
LLOYDS TSB BANK PLC
Legal Advisor
-
united welding supplies 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 2 charges/mortgages relating to united welding supplies limited. Currently there are 2 open charges and 0 have been satisfied in the past.
united welding supplies 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 UNITED WELDING SUPPLIES LIMITED. This can take several minutes, an email will notify you when this has completed.
united welding supplies limited Companies House Filings - See Documents
date | description | view/download |
---|