wheeldon brothers limited
wheeldon brothers limited Company Information
Company Number
02441153
Next Accounts
Mar 2025
Shareholders
peter parkin
edward parkin
View AllGroup Structure
View All
Industry
Development of building projects
+3Registered Address
wheeldon house, prime enterprise park, derby, derbyshire, DE1 3QB
Website
www.wheeldon.co.ukwheeldon brothers limited Estimated Valuation
Pomanda estimates the enterprise value of WHEELDON BROTHERS LIMITED at £116.3m based on a Turnover of £40.4m and 2.88x industry multiple (adjusted for size and gross margin).
wheeldon brothers limited Estimated Valuation
Pomanda estimates the enterprise value of WHEELDON BROTHERS LIMITED at £64.5m based on an EBITDA of £8m and a 8.04x industry multiple (adjusted for size and gross margin).
wheeldon brothers limited Estimated Valuation
Pomanda estimates the enterprise value of WHEELDON BROTHERS LIMITED at £43.9m based on Net Assets of £27.4m and 1.6x industry multiple (adjusted for liquidity).
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Wheeldon Brothers Limited Overview
Wheeldon Brothers Limited is a live company located in derby, DE1 3QB with a Companies House number of 02441153. It operates in the development of building projects sector, SIC Code 41100. Founded in November 1989, it's largest shareholder is peter parkin with a 81.9% stake. Wheeldon Brothers Limited is a mature, large sized company, Pomanda has estimated its turnover at £40.4m with high growth in recent years.
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Wheeldon Brothers Limited Health Check
Pomanda's financial health check has awarded Wheeldon Brothers Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 7 measures and has 3 areas for improvement. Company Health Check FAQs
7 Strong
2 Regular
3 Weak
Size
annual sales of £40.4m, make it larger than the average company (£3.8m)
£40.4m - Wheeldon Brothers Limited
£3.8m - Industry AVG
Growth
3 year (CAGR) sales growth of 20%, show it is growing at a faster rate (3.2%)
20% - Wheeldon Brothers Limited
3.2% - Industry AVG
Production
with a gross margin of 28.8%, this company has a higher cost of product (46.5%)
28.8% - Wheeldon Brothers Limited
46.5% - Industry AVG
Profitability
an operating margin of 19.6% make it as profitable than the average company (16.6%)
19.6% - Wheeldon Brothers Limited
16.6% - Industry AVG
Employees
with 54 employees, this is above the industry average (11)
54 - Wheeldon Brothers Limited
11 - Industry AVG
Pay Structure
on an average salary of £62.2k, the company has a higher pay structure (£42k)
£62.2k - Wheeldon Brothers Limited
£42k - Industry AVG
Efficiency
resulting in sales per employee of £748.3k, this is more efficient (£249.8k)
£748.3k - Wheeldon Brothers Limited
£249.8k - Industry AVG
Debtor Days
it gets paid by customers after 15 days, this is earlier than average (33 days)
15 days - Wheeldon Brothers Limited
33 days - Industry AVG
Creditor Days
its suppliers are paid after 35 days, this is close to average (35 days)
35 days - Wheeldon Brothers Limited
35 days - Industry AVG
Stock Days
it holds stock equivalent to 355 days, this is more than average (159 days)
355 days - Wheeldon Brothers Limited
159 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 67 weeks, this is more cash available to meet short term requirements (14 weeks)
67 weeks - Wheeldon Brothers Limited
14 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 29.9%, this is a lower level of debt than the average (67.7%)
29.9% - Wheeldon Brothers Limited
67.7% - Industry AVG
WHEELDON BROTHERS LIMITED financials
Wheeldon Brothers Limited's latest turnover from June 2023 is £40.4 million and the company has net assets of £27.4 million. According to their latest financial statements, Wheeldon Brothers Limited has 54 employees and maintains cash reserves of £8.4 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 | 40,406,150 | 37,952,480 | 28,558,796 | 23,609,710 | 22,782,503 | 24,271,476 | 24,245,289 | 23,981,129 | 19,293,270 | 11,009,106 | 12,458,400 | 9,213,808 | 10,031,229 | |
| Other Income Or Grants | ||||||||||||||
| Cost Of Sales | 28,782,097 | 26,432,727 | 19,477,703 | 16,058,755 | 15,867,497 | 18,375,257 | 17,875,160 | 17,771,474 | 13,677,926 | 7,476,405 | 9,351,183 | 6,605,580 | 7,740,030 | |
| Gross Profit | 11,624,053 | 11,519,753 | 9,081,093 | 7,550,955 | 6,915,006 | 5,896,219 | 6,370,129 | 6,209,655 | 5,615,344 | 3,532,701 | 3,107,217 | 2,608,228 | 2,291,199 | |
| Admin Expenses | 3,717,127 | 3,662,486 | 3,135,568 | 2,813,449 | 2,640,799 | 2,500,601 | 3,034,972 | 3,180,207 | 2,713,162 | 2,142,620 | 2,117,043 | 1,888,980 | 1,745,766 | |
| Operating Profit | 7,906,926 | 7,857,267 | 5,945,525 | 4,737,506 | 4,274,207 | 3,395,618 | 3,335,157 | 3,029,448 | 2,902,182 | 1,390,081 | 990,174 | 719,248 | 545,433 | |
| Interest Payable | 478,275 | 444,954 | 347,051 | 344,902 | 287,197 | 253,941 | 270,727 | 269,802 | 305,190 | 167,456 | 142,460 | 168,827 | 140,300 | |
| Interest Receivable | 7,026 | 44 | 1,014 | 1,222 | 3,936 | 1,757 | 4,412 | 4,841 | 4,305 | 30 | ||||
| Pre-Tax Profit | 7,435,677 | 7,412,313 | 5,598,474 | 4,392,604 | 3,987,054 | 3,142,691 | 4,324,145 | 2,861,972 | 2,402,425 | 1,382,037 | 1,172,555 | 603,059 | 405,163 | |
| Tax | -1,570,086 | -1,329,238 | -1,062,429 | -831,262 | -773,136 | -594,901 | -430,984 | -544,867 | -516,716 | -304,356 | -158,566 | -16,472 | -29,841 | |
| Profit After Tax | 5,865,591 | 6,083,075 | 4,536,045 | 3,561,342 | 3,213,918 | 2,547,790 | 3,893,161 | 2,317,105 | 1,885,709 | 1,077,681 | 1,013,989 | 586,587 | 375,322 | |
| Dividends Paid | 3,119,825 | 2,372,873 | 1,888,428 | 1,700,966 | 1,358,411 | 1,756,266 | 150,000 | 2,221,533 | 608,034 | 654,448 | 291,999 | 210,000 | 87,828 | |
| Retained Profit | 2,745,766 | 3,710,202 | 2,647,617 | 1,860,376 | 1,855,507 | 791,524 | 3,336,895 | -54,989 | 1,262,008 | 437,663 | 732,972 | 421,921 | 231,462 | |
| Employee Costs | 3,357,809 | 3,083,498 | 2,524,537 | 2,219,585 | 2,096,703 | 1,941,892 | 4,154,946 | 4,039,515 | 2,996,643 | 2,279,690 | 2,052,603 | 1,720,266 | 1,061,978 | |
| Number Of Employees | 54 | 55 | 46 | 46 | 42 | 42 | 288 | 199 | 143 | 106 | 93 | 76 | 42 | |
| EBITDA* | 8,016,021 | 7,947,031 | 5,983,806 | 4,778,768 | 4,326,105 | 3,449,088 | 3,399,819 | 3,093,837 | 2,956,421 | 1,432,894 | 1,028,427 | 746,320 | 568,561 |
* 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 | 383,191 | 469,870 | 129,857 | 87,175 | 115,797 | 170,050 | 93,760 | 250,266 | 166,576 | 167,432 | 91,384 | 97,370 | 41,933 | 36,360 |
| Intangible Assets | 212,598 | 225,172 | 123,537 | 130,400 | ||||||||||
| Investments & Other | 3,212 | 55,383 | 54,776 | 560,346 | 1,410,073 | 64,739 | 4 | |||||||
| Debtors (Due After 1 year) | 4,130 | 4,130 | 4,130 | 4,130 | 4,130 | 4,397 | 3,416 | 126,633 | 129,616 | 48,043 | 980,000 | |||
| Total Fixed Assets | 383,191 | 469,870 | 129,857 | 91,305 | 119,927 | 174,180 | 97,890 | 257,608 | 226,356 | 438,222 | 1,003,535 | 1,760,596 | 285,115 | 1,016,364 |
| Stock & work in progress | 28,010,502 | 31,543,234 | 29,158,451 | 21,837,743 | 20,945,809 | 15,538,471 | 17,124,067 | 16,836,731 | 15,240,977 | 12,245,399 | 10,212,893 | 8,413,681 | 9,189,762 | 11,194,042 |
| Trade Debtors | 1,769,972 | 6,720,993 | 1,804,935 | 2,421,004 | 2,145,844 | 1,067,966 | 1,806,942 | 277,168 | 1,796,970 | 1,689,408 | 697,046 | 924,642 | 2,368,930 | 1,110,911 |
| Group Debtors | ||||||||||||||
| Misc Debtors | 434,768 | 469,491 | 446,518 | 417,900 | 327,944 | 170,535 | 263,431 | 358,016 | 182,503 | 291,473 | 309,947 | 465,639 | 146,480 | |
| Cash | 8,449,274 | 3,451,219 | 2,528,507 | 6,260,037 | 2,707,025 | 3,069,082 | 1,450,373 | 2,658,798 | 2,952,852 | 459,607 | 1,211,853 | 980,146 | 2,278,884 | 134 |
| misc current assets | ||||||||||||||
| total current assets | 38,664,516 | 42,184,937 | 33,938,411 | 30,936,684 | 26,126,622 | 19,846,054 | 20,644,813 | 20,130,713 | 20,173,302 | 14,685,887 | 12,431,739 | 10,784,108 | 13,984,056 | 12,305,087 |
| total assets | 39,047,707 | 42,654,807 | 34,068,268 | 31,027,989 | 26,246,549 | 20,020,234 | 20,742,703 | 20,388,321 | 20,399,658 | 15,124,109 | 13,435,274 | 12,544,704 | 14,269,171 | 13,321,451 |
| Bank overdraft | 2,000,000 | 1,044,655 | 4,500,000 | |||||||||||
| Bank loan | ||||||||||||||
| Trade Creditors | 2,831,333 | 3,081,958 | 2,485,631 | 1,205,491 | 1,253,142 | 1,083,567 | 991,811 | 1,245,395 | 1,010,992 | 841,857 | 388,521 | 478,940 | 574,831 | 1,831,235 |
| Group/Directors Accounts | 200,000 | 240,000 | 280,000 | 320,000 | 360,000 | 400,000 | 440,000 | 40,000 | 40,000 | 40,000 | 40,000 | 1,000,000 | ||
| other short term finances | 1,150,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | ||||||
| hp & lease commitments | 46,145 | 46,145 | 5,940 | |||||||||||
| other current liabilities | 2,459,846 | 2,465,943 | 1,419,335 | 1,266,813 | 1,258,098 | 1,016,865 | 582,614 | 1,242,045 | 1,173,220 | 867,888 | 1,335,052 | 810,450 | 689,662 | |
| total current liabilities | 6,487,324 | 6,794,046 | 7,144,966 | 3,752,304 | 3,831,240 | 3,460,432 | 2,974,425 | 3,927,440 | 2,224,212 | 1,749,745 | 1,763,573 | 2,374,045 | 6,770,433 | 1,831,235 |
| loans | 5,000,000 | 11,000,000 | 6,000,000 | 9,000,000 | 6,000,000 | 2,000,000 | 4,000,000 | 6,000,000 | 7,689,074 | 4,150,000 | 2,870,000 | 2,101,930 | 601,930 | |
| hp & lease commitments | 181,113 | 227,257 | ||||||||||||
| Accruals and Deferred Income | ||||||||||||||
| other liabilities | 4,951,934 | |||||||||||||
| provisions | 29,498 | |||||||||||||
| total long term liabilities | 5,181,113 | 11,227,257 | 6,000,000 | 9,000,000 | 6,000,000 | 2,000,000 | 4,000,000 | 6,029,498 | 7,689,074 | 4,150,000 | 2,870,000 | 2,101,930 | 601,930 | 4,951,934 |
| total liabilities | 11,668,437 | 18,021,303 | 13,144,966 | 12,752,304 | 9,831,240 | 5,460,432 | 6,974,425 | 9,956,938 | 9,913,286 | 5,899,745 | 4,633,573 | 4,475,975 | 7,372,363 | 6,783,169 |
| net assets | 27,379,270 | 24,633,504 | 20,923,302 | 18,275,685 | 16,415,309 | 14,559,802 | 13,768,278 | 10,431,383 | 10,486,372 | 9,224,364 | 8,801,701 | 8,068,729 | 6,896,808 | 6,538,282 |
| total shareholders funds | 27,379,270 | 24,633,504 | 20,923,302 | 18,275,685 | 16,415,309 | 14,559,802 | 13,768,278 | 10,431,383 | 10,486,372 | 9,224,364 | 8,801,701 | 8,068,729 | 6,896,808 | 6,538,282 |
| 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 | 7,906,926 | 7,857,267 | 5,945,525 | 4,737,506 | 4,274,207 | 3,395,618 | 3,335,157 | 3,029,448 | 2,902,182 | 1,390,081 | 990,174 | 719,248 | 545,433 | |
| Depreciation | 109,095 | 89,764 | 38,281 | 41,262 | 51,898 | 53,470 | 64,662 | 64,389 | 54,239 | 30,239 | 25,679 | 20,209 | 23,128 | 25,186 |
| Amortisation | 12,574 | 12,574 | 6,863 | |||||||||||
| Tax | -1,570,086 | -1,329,238 | -1,062,429 | -831,262 | -773,136 | -594,901 | -430,984 | -544,867 | -516,716 | -304,356 | -158,566 | -16,472 | -29,841 | |
| Stock | -3,532,732 | 2,384,783 | 7,320,708 | 891,934 | 5,407,338 | -1,585,596 | 287,336 | 1,595,754 | 2,995,578 | 2,032,506 | 1,799,212 | -776,081 | -2,004,280 | 11,194,042 |
| Debtors | -4,985,744 | 4,939,031 | -591,581 | 365,116 | 1,235,287 | -831,872 | 1,435,189 | -1,344,556 | -427 | 850,671 | -386,271 | -1,043,556 | 472,542 | 2,090,911 |
| Creditors | -250,625 | 596,327 | 1,280,140 | -47,651 | 169,575 | 91,756 | -253,584 | 234,403 | 169,135 | 453,336 | -90,419 | -95,891 | -1,256,404 | 1,831,235 |
| Accruals and Deferred Income | -6,097 | 1,046,608 | 152,522 | 8,715 | 241,233 | 434,251 | -659,431 | 68,825 | 305,332 | -467,164 | 524,602 | 120,788 | 689,662 | |
| Deferred Taxes & Provisions | -29,498 | 29,498 | ||||||||||||
| Cash flow from operations | 14,707,689 | 936,914 | -375,088 | 2,651,520 | -2,678,848 | 5,797,662 | 303,797 | 2,630,498 | -80,979 | -1,768,467 | -108,897 | 2,574,382 | 1,503,716 | |
| Investing Activities | ||||||||||||||
| capital expenditure | -129,760 | 531,588 | -148,079 | -59,142 | 568,713 | 1,080,307 | -75,353 | -4,284 | ||||||
| Change in Investments | -3,212 | -52,171 | 607 | -505,570 | -849,727 | 1,345,334 | 64,735 | 4 | ||||||
| cash flow from investments | -129,760 | 534,800 | -95,908 | -59,749 | 1,074,283 | 1,930,034 | -1,420,687 | -69,019 | ||||||
| Financing Activities | ||||||||||||||
| Bank loans | ||||||||||||||
| Group/Directors Accounts | -200,000 | -40,000 | -40,000 | -40,000 | -40,000 | -40,000 | -40,000 | 400,000 | -960,000 | 1,000,000 | ||||
| Other Short Term Loans | 150,000 | 1,000,000 | ||||||||||||
| Long term loans | -6,000,000 | 5,000,000 | -3,000,000 | 3,000,000 | 4,000,000 | -2,000,000 | -2,000,000 | -1,689,074 | 3,539,074 | 1,280,000 | 768,070 | 1,500,000 | 601,930 | |
| Hire Purchase and Lease Commitments | -46,144 | 273,402 | -5,940 | 5,940 | ||||||||||
| other long term liabilities | -4,951,934 | 4,951,934 | ||||||||||||
| share issue | ||||||||||||||
| interest | -471,249 | -444,954 | -347,051 | -344,902 | -287,153 | -252,927 | -269,505 | -265,866 | -303,433 | -163,044 | -137,619 | -164,522 | -140,270 | |
| cash flow from financing | -6,567,393 | 4,788,448 | -3,387,051 | 2,615,098 | 3,672,847 | -2,292,927 | -2,309,505 | -554,940 | 3,235,641 | 1,101,956 | 630,451 | 1,119,538 | -3,357,270 | |
| cash and cash equivalents | ||||||||||||||
| cash | 4,998,055 | 922,712 | -3,731,530 | 3,553,012 | -362,057 | 1,618,709 | -1,208,425 | -294,054 | 2,493,245 | -752,246 | 231,707 | -1,298,738 | 2,278,750 | 134 |
| overdraft | -2,000,000 | 2,000,000 | -1,044,655 | -3,455,345 | 4,500,000 | |||||||||
| change in cash | 4,998,055 | 2,922,712 | -5,731,530 | 3,553,012 | -362,057 | 1,618,709 | -1,208,425 | -294,054 | 2,493,245 | -752,246 | 1,276,362 | 2,156,607 | -2,221,250 | 134 |
wheeldon brothers limited Credit Report and Business Information
Wheeldon Brothers Limited Competitor Analysis
Perform a competitor analysis for wheeldon brothers limited by selecting its closest rivals, whether from the CONSTRUCTION sector, other large companies, companies in DE1 area or any other competitors across 12 key performance metrics.
wheeldon brothers limited Ownership
WHEELDON BROTHERS LIMITED group structure
Wheeldon Brothers Limited has 19 subsidiary companies.
Ultimate parent company
WHEELDON BROTHERS LIMITED
02441153
19 subsidiaries
wheeldon brothers limited directors
Wheeldon Brothers Limited currently has 4 directors. The longest serving directors include Mr James Parkin (Jun 1998) and Mr Edward Parkin (Jun 1998).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr James Parkin | 51 years | Jun 1998 | - | Director | |
| Mr Edward Parkin | 48 years | Jun 1998 | - | Director | |
| Mr David Brookes | United Kingdom | 58 years | Jun 2006 | - | Director |
| Mr Ian Farrell | United Kingdom | 57 years | Jul 2021 | - | Director |
P&L
June 2023turnover
40.4m
+6%
operating profit
7.9m
+1%
gross margin
28.8%
-5.22%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
June 2023net assets
27.4m
+0.11%
total assets
39m
-0.08%
cash
8.4m
+1.45%
net assets
Total assets minus all liabilities
Similar Companies
wheeldon brothers limited company details
company number
02441153
Type
Private limited with Share Capital
industry
41100 - Development of building projects
41201 - Construction of commercial buildings
68100 - Buying and selling of own real estate
incorporation date
November 1989
age
36
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
June 2023
previous names
broomco (354) limited (February 1990)
accountant
-
auditor
MABE ALLEN LLP
address
wheeldon house, prime enterprise park, derby, derbyshire, DE1 3QB
Bank
SVENSKA HANDELSBANKEN AB, SVENSKA HANDELSBANKEN AB, SVENSKA HANDELSBANKEN AB
Legal Advisor
-
wheeldon brothers 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 94 charges/mortgages relating to wheeldon brothers limited. Currently there are 16 open charges and 78 have been satisfied in the past.
wheeldon brothers 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.
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wheeldon brothers limited Companies House Filings - See Documents
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