nd willan building contractors ltd

nd willan building contractors ltd Company Information

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Company Number

02544228

Industry

Construction of other civil engineering projects n.e.c.

 

Shareholders

susan hilda willan

nicholas david willan

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Group Structure

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Contact

Registered Address

saxon house hellesdon park road, drayton high road, norwich, norfolk, NR6 5DR

nd willan building contractors ltd Estimated Valuation

£447k

Pomanda estimates the enterprise value of ND WILLAN BUILDING CONTRACTORS LTD at £447k based on a Turnover of £1.6m and 0.28x industry multiple (adjusted for size and gross margin).

nd willan building contractors ltd Estimated Valuation

£552.3k

Pomanda estimates the enterprise value of ND WILLAN BUILDING CONTRACTORS LTD at £552.3k based on an EBITDA of £156.4k and a 3.53x industry multiple (adjusted for size and gross margin).

nd willan building contractors ltd Estimated Valuation

£3.7m

Pomanda estimates the enterprise value of ND WILLAN BUILDING CONTRACTORS LTD at £3.7m based on Net Assets of £1.8m and 2.07x industry multiple (adjusted for liquidity).

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Nd Willan Building Contractors Ltd Overview

Nd Willan Building Contractors Ltd is a live company located in norwich, NR6 5DR with a Companies House number of 02544228. It operates in the construction of other civil engineering projects n.e.c. sector, SIC Code 42990. Founded in September 1990, it's largest shareholder is susan hilda willan with a 30% stake. Nd Willan Building Contractors Ltd is a mature, small sized company, Pomanda has estimated its turnover at £1.6m with rapid growth in recent years.

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Nd Willan Building Contractors Ltd Health Check

Pomanda's financial health check has awarded Nd Willan Building Contractors Ltd a 5 rating. We use a traffic light system to show it exceeds the industry average on 6 measures and has 3 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating5out of 5
positive_score

6 Strong

positive_score

3 Regular

positive_score

3 Weak

size

Size

annual sales of £1.6m, make it smaller than the average company (£14.4m)

£1.6m - Nd Willan Building Contractors Ltd

£14.4m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 49%, show it is growing at a faster rate (10.1%)

49% - Nd Willan Building Contractors Ltd

10.1% - Industry AVG

production

Production

with a gross margin of 18.3%, this company has a comparable cost of product (18.3%)

18.3% - Nd Willan Building Contractors Ltd

18.3% - Industry AVG

profitability

Profitability

an operating margin of 9.3% make it more profitable than the average company (5.9%)

9.3% - Nd Willan Building Contractors Ltd

5.9% - Industry AVG

employees

Employees

with 6 employees, this is below the industry average (52)

6 - Nd Willan Building Contractors Ltd

52 - Industry AVG

paystructure

Pay Structure

on an average salary of £51.8k, the company has an equivalent pay structure (£51.8k)

£51.8k - Nd Willan Building Contractors Ltd

£51.8k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £264.4k, this is equally as efficient (£255.5k)

£264.4k - Nd Willan Building Contractors Ltd

£255.5k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 39 days, this is earlier than average (53 days)

39 days - Nd Willan Building Contractors Ltd

53 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 61 days, this is slower than average (36 days)

61 days - Nd Willan Building Contractors Ltd

36 days - Industry AVG

stockdays

Stock Days

it holds stock equivalent to 17 days, this is more than average (6 days)

17 days - Nd Willan Building Contractors Ltd

6 days - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 49 weeks, this is more cash available to meet short term requirements (20 weeks)

49 weeks - Nd Willan Building Contractors Ltd

20 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 32%, this is a lower level of debt than the average (59.5%)

32% - Nd Willan Building Contractors Ltd

59.5% - Industry AVG

ND WILLAN BUILDING CONTRACTORS LTD financials

EXPORTms excel logo

Nd Willan Building Contractors Ltd's latest turnover from March 2024 is estimated at £1.6 million and the company has net assets of £1.8 million. According to their latest financial statements, Nd Willan Building Contractors Ltd has 6 employees and maintains cash reserves of £794 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Turnover1,586,4471,420,983763,303476,717485,6211,561,4824,273,6703,350,8134,031,0113,335,3402,966,3343,002,8221,418,8021,104,5871,397,315
Other Income Or Grants000000000000000
Cost Of Sales1,296,6241,180,965636,794398,502399,2481,275,6793,428,4802,681,5553,233,3472,697,1902,415,8082,358,2091,114,162854,5261,063,274
Gross Profit289,824240,019126,50978,21486,373285,803845,191669,258797,663638,149550,527644,612304,639250,061334,041
Admin Expenses142,832-256,205-52,902123,404132,486308,846666,243507,022800,526407,145399,509424,366189,400223,691-147,483
Operating Profit146,992496,224179,411-45,190-46,113-23,043178,948162,236-2,863231,004151,018220,246115,23926,370481,524
Interest Payable000000000000000
Interest Receivable35,18516,7001,032361882,5971,5734881,1081,9641,8131,102768699358
Pre-Tax Profit182,177512,925180,443-45,154-45,925-20,446180,521162,724-1,755232,968152,831221,347116,00727,069481,882
Tax-45,544-97,456-34,284000-34,299-32,5450-48,923-35,151-53,123-30,162-7,579-134,927
Profit After Tax136,633415,469146,159-45,154-45,925-20,446146,222130,179-1,755184,045117,680168,22485,84519,490346,955
Dividends Paid000000000000000
Retained Profit136,633415,469146,159-45,154-45,925-20,446146,222130,179-1,755184,045117,680168,22485,84519,490346,955
Employee Costs310,732193,386184,69589,76389,066170,680209,535194,125845,674668,701657,258668,936381,392304,647415,152
Number Of Employees644224552218181911912
EBITDA*156,381498,765180,607-38,447-27,858-3,749196,327179,71311,558246,408169,170233,483123,27034,294489,665

* Earnings Before Interest, Tax, Depreciation and Amortisation

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Tangible Assets88,21042,4438,5827,56415,79648,85055,43951,18036,35150,77268,32233,91327,14429,57536,912
Intangible Assets000000000000000
Investments & Other000000000000000
Debtors (Due After 1 year)1,502,2361,481,9981,480,5881,503,38500000000000
Total Fixed Assets1,590,4461,524,4411,489,1701,510,94915,79648,85055,43951,18036,35150,77268,32233,91327,14429,57536,912
Stock & work in progress63,0000000450,0001,472,3491,364,6121,387,443843,246648,489599,828298,196223,943169,870
Trade Debtors169,648360,074140,65399,77288,13421,32312,47013,63332,54525,89627,397116,532105,28396,629184,219
Group Debtors000000000000000
Misc Debtors7,5577,4386,65424,6601,633,0801,016,1884,31619,09312,903000000
Cash793,962546,413239,48835,81635,651340,309352,113277,023113,052330,171455,532269,787170,962136,330143,255
misc current assets000000000000000
total current assets1,034,167913,925386,795160,2481,756,8651,827,8201,841,2481,674,3611,545,9431,199,3131,131,418986,147574,441456,902497,344
total assets2,624,6132,438,3661,875,9651,671,1971,772,6611,876,6701,896,6871,725,5411,582,2941,250,0851,199,7401,020,060601,585486,477534,256
Bank overdraft000000000000000
Bank loan000000000000000
Trade Creditors 216,901111,93586,53255,87265,92885,84577,15054,71874,932317,591441,541393,645145,084115,664178,619
Group/Directors Accounts000000000000003,046
other short term finances000000000000000
hp & lease commitments000001,4751,4751,4750000000
other current liabilities613,245669,587556,183529,865576,119601,931610,997604,416579,508000000
total current liabilities830,146781,522642,715585,737642,047689,251689,622660,609654,440317,591441,541393,645145,084115,664181,665
loans000000000000000
hp & lease commitments000001,5982,4583,9330000000
Accruals and Deferred Income000000000000000
other liabilities00000000006,2400000
provisions10,7469,7561,631009,2827,62210,2367,27010,15513,6655,8014,1114,2685,536
total long term liabilities10,7469,7561,6310010,88010,08014,1697,27010,15519,9055,8014,1114,2685,536
total liabilities840,892791,278644,346585,737642,047700,131699,702674,778661,710327,746461,446399,446149,195119,932187,201
net assets1,783,7211,647,0881,231,6191,085,4601,130,6141,176,5391,196,9851,050,763920,584922,339738,294620,614452,390366,545347,055
total shareholders funds1,783,7211,647,0881,231,6191,085,4601,130,6141,176,5391,196,9851,050,763920,584922,339738,294620,614452,390366,545347,055
Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Operating Activities
Operating Profit146,992496,224179,411-45,190-46,113-23,043178,948162,236-2,863231,004151,018220,246115,23926,370481,524
Depreciation9,3892,5411,1966,74318,25519,29417,37917,47714,42115,40418,15213,2378,0317,9248,141
Amortisation000000000000000
Tax-45,544-97,456-34,284000-34,299-32,5450-48,923-35,151-53,123-30,162-7,579-134,927
Stock63,000000-450,000-1,022,349107,737-22,831544,197194,75748,661301,63274,25354,073169,870
Debtors-170,069221,61578-93,397683,7031,020,725-15,940-12,72219,552-1,501-89,13511,2498,654-87,590184,219
Creditors104,96625,40330,660-10,056-19,9178,69522,432-20,214-242,659-123,95047,896248,56129,420-62,955178,619
Accruals and Deferred Income-56,342113,40426,318-46,254-25,812-9,0666,58124,908579,508000000
Deferred Taxes & Provisions9908,1251,6310-9,2821,660-2,6142,966-2,885-3,5107,8641,690-157-1,2685,536
Cash flow from operations267,520326,626204,854-1,360-316,572-83696,630190,381-218,227-123,231230,253117,73039,464-3,991184,804
Investing Activities
capital expenditure-55,156-36,402-2,2141,48914,799-12,705-21,638-32,30602,146-52,561-20,006-5,600-587-45,053
Change in Investments000000000000000
cash flow from investments-55,156-36,402-2,2141,48914,799-12,705-21,638-32,30602,146-52,561-20,006-5,600-587-45,053
Financing Activities
Bank loans000000000000000
Group/Directors Accounts0000000000000-3,0463,046
Other Short Term Loans 000000000000000
Long term loans000000000000000
Hire Purchase and Lease Commitments0000-3,073-860-1,4755,4080000000
other long term liabilities000000000-6,2406,2400000
share issue00000000000000100
interest35,18516,7001,032361882,5971,5734881,1081,9641,8131,102768699358
cash flow from financing35,18516,7001,03236-2,8851,737985,8961,108-4,2768,0531,102768-2,3473,504
cash and cash equivalents
cash247,549306,925203,672165-304,658-11,80475,090163,971-217,119-125,361185,74598,82534,632-6,925143,255
overdraft000000000000000
change in cash247,549306,925203,672165-304,658-11,80475,090163,971-217,119-125,361185,74598,82534,632-6,925143,255

nd willan building contractors ltd 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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Nd Willan Building Contractors Ltd Competitor Analysis

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Perform a competitor analysis for nd willan building contractors ltd by selecting its closest rivals, whether from the CONSTRUCTION sector, other small companies, companies in NR6 area or any other competitors across 12 key performance metrics.

nd willan building contractors ltd Ownership

ND WILLAN BUILDING CONTRACTORS LTD group structure

Nd Willan Building Contractors Ltd has no subsidiary companies.

Ultimate parent company

ND WILLAN BUILDING CONTRACTORS LTD

02544228

ND WILLAN BUILDING CONTRACTORS LTD Shareholders

susan hilda willan 30%
nicholas david willan 30%
david willan 20%
matt willan 10%
jessie willan 10%

nd willan building contractors ltd directors

Nd Willan Building Contractors Ltd currently has 3 directors. The longest serving directors include Ms Susan Willan (Sep 1992) and Mr Nicholas Willan (Sep 1992).

officercountryagestartendrole
Ms Susan Willan65 years Sep 1992- Director
Mr Nicholas Willan67 years Sep 1992- Director
Mr David WillanEngland40 years Feb 2023- Director

P&L

March 2024

turnover

1.6m

+12%

operating profit

147k

0%

gross margin

18.3%

+8.16%

turnover

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

Balance Sheet

March 2024

net assets

1.8m

+0.08%

total assets

2.6m

+0.08%

cash

794k

+0.45%

net assets

Total assets minus all liabilities

nd willan building contractors ltd company details

company number

02544228

Type

Private limited with Share Capital

industry

42990 - Construction of other civil engineering projects n.e.c.

incorporation date

September 1990

age

35

incorporated

UK

ultimate parent company

None

accounts

Total Exemption Full

last accounts submitted

March 2024

previous names

n.d. willan (scaffold & plant hire) limited (June 2010)

accountant

QUINNEYS

auditor

-

address

saxon house hellesdon park road, drayton high road, norwich, norfolk, NR6 5DR

Bank

LLOYDS TSB BANK PLC

Legal Advisor

-

nd willan building contractors ltd 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 did not find charges/mortgages relating to nd willan building contractors ltd.

nd willan building contractors ltd 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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nd willan building contractors ltd Companies House Filings - See Documents

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