wheal martyn enterprises limited
wheal martyn enterprises limited Company Information
Company Number
02599839
Next Accounts
Oct 2025
Shareholders
wheal martyn trust ltd
Group Structure
View All
Industry
Licensed restaurants
+1Registered Address
wheal martyn carthew, st. austell, cornwall, PL26 8XG
Website
www.wheal-martyn.comwheal martyn enterprises limited Estimated Valuation
Pomanda estimates the enterprise value of WHEAL MARTYN ENTERPRISES LIMITED at £114.7k based on a Turnover of £191.4k and 0.6x industry multiple (adjusted for size and gross margin).
wheal martyn enterprises limited Estimated Valuation
Pomanda estimates the enterprise value of WHEAL MARTYN ENTERPRISES LIMITED at £91.1k based on an EBITDA of £19.8k and a 4.6x industry multiple (adjusted for size and gross margin).
wheal martyn enterprises limited Estimated Valuation
Pomanda estimates the enterprise value of WHEAL MARTYN ENTERPRISES LIMITED at £107.4k based on Net Assets of £36.8k and 2.92x industry multiple (adjusted for liquidity).
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Wheal Martyn Enterprises Limited Overview
Wheal Martyn Enterprises Limited is a live company located in cornwall, PL26 8XG with a Companies House number of 02599839. It operates in the other retail sale in non-specialised stores sector, SIC Code 47190. Founded in April 1991, it's largest shareholder is wheal martyn trust ltd with a 100% stake. Wheal Martyn Enterprises Limited is a mature, micro sized company, Pomanda has estimated its turnover at £191.4k with rapid growth in recent years.
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Wheal Martyn Enterprises Limited Health Check
Pomanda's financial health check has awarded Wheal Martyn Enterprises Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 6 measures and has 5 areas for improvement. Company Health Check FAQs
6 Strong
1 Regular
5 Weak
Size
annual sales of £191.4k, make it smaller than the average company (£2.1m)
£191.4k - Wheal Martyn Enterprises Limited
£2.1m - Industry AVG
Growth
3 year (CAGR) sales growth of 40%, show it is growing at a faster rate (12.9%)
40% - Wheal Martyn Enterprises Limited
12.9% - Industry AVG
Production
with a gross margin of 65.8%, this company has a lower cost of product (51.5%)
65.8% - Wheal Martyn Enterprises Limited
51.5% - Industry AVG
Profitability
an operating margin of 9.4% make it more profitable than the average company (3.9%)
9.4% - Wheal Martyn Enterprises Limited
3.9% - Industry AVG
Employees
with 8 employees, this is below the industry average (43)
8 - Wheal Martyn Enterprises Limited
43 - Industry AVG
Pay Structure
on an average salary of £19.7k, the company has an equivalent pay structure (£19.7k)
- Wheal Martyn Enterprises Limited
£19.7k - Industry AVG
Efficiency
resulting in sales per employee of £23.9k, this is less efficient (£72.3k)
£23.9k - Wheal Martyn Enterprises Limited
£72.3k - Industry AVG
Debtor Days
it gets paid by customers after 0 days, this is earlier than average (7 days)
0 days - Wheal Martyn Enterprises Limited
7 days - Industry AVG
Creditor Days
its suppliers are paid after 16 days, this is quicker than average (40 days)
16 days - Wheal Martyn Enterprises Limited
40 days - Industry AVG
Stock Days
it holds stock equivalent to 163 days, this is more than average (47 days)
163 days - Wheal Martyn Enterprises Limited
47 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 69 weeks, this is more cash available to meet short term requirements (19 weeks)
69 weeks - Wheal Martyn Enterprises Limited
19 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 56%, this is a lower level of debt than the average (74.3%)
56% - Wheal Martyn Enterprises Limited
74.3% - Industry AVG
WHEAL MARTYN ENTERPRISES LIMITED financials
Wheal Martyn Enterprises Limited's latest turnover from January 2024 is £191.4 thousand and the company has net assets of £36.8 thousand. According to their latest financial statements, Wheal Martyn Enterprises Limited has 8 employees and maintains cash reserves of £49.5 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jan 2024 | Jan 2023 | Jan 2022 | Jan 2021 | Jan 2020 | Jan 2019 | Jan 2018 | Jan 2017 | Jan 2016 | Jan 2015 | Jan 2014 | Jan 2013 | Jan 2012 | Jan 2011 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 191,396 | 167,353 | 142,366 | 70,248 | 148,458 | 142,190 | 146,809 | 136,551 | 123,776 | 111,902 | 124,842 | 126,694 | 124,785 | 117,643 | 83,881 |
| Other Income Or Grants | |||||||||||||||
| Cost Of Sales | 65,394 | 54,729 | 48,664 | 24,808 | 49,427 | 51,535 | 53,939 | 49,685 | 44,951 | 41,182 | 48,328 | 46,238 | 46,198 | 44,698 | 44,711 |
| Gross Profit | 126,002 | 112,624 | 93,702 | 45,440 | 99,031 | 90,655 | 92,870 | 86,866 | 78,825 | 70,720 | 76,514 | 80,456 | 78,587 | 72,945 | 39,170 |
| Admin Expenses | 107,967 | 91,342 | 78,704 | 48,403 | 92,612 | 84,831 | 85,390 | 82,432 | 77,905 | 74,790 | 71,107 | 64,646 | 62,946 | 62,902 | 5,692 |
| Operating Profit | 18,035 | 21,282 | 14,998 | -2,963 | 6,419 | 5,824 | 7,480 | 4,434 | 920 | -4,070 | 5,407 | 15,810 | 15,641 | 10,043 | 33,478 |
| Interest Payable | 531 | 717 | 891 | 5,824 | 350 | ||||||||||
| Interest Receivable | |||||||||||||||
| Pre-Tax Profit | 17,504 | 20,565 | 14,107 | -2,963 | 6,419 | 7,480 | 4,434 | -4,070 | 3,641 | 5,043 | 33,128 | ||||
| Tax | 11 | 158 | -600 | ||||||||||||
| Profit After Tax | 17,515 | 20,565 | 14,107 | -2,805 | 5,819 | 7,480 | 4,434 | -4,070 | 3,641 | 5,043 | 33,128 | ||||
| Dividends Paid | |||||||||||||||
| Retained Profit | 17,515 | 20,565 | 14,107 | -2,805 | 5,819 | -4,070 | 3,641 | 5,043 | 33,128 | ||||||
| Employee Costs | 57,768 | 50,850 | |||||||||||||
| Number Of Employees | 8 | 8 | 7 | 10 | 10 | 3 | 9 | 8 | 6 | ||||||
| EBITDA* | 19,795 | 23,397 | 17,185 | -391 | 8,683 | 7,877 | 9,377 | 6,186 | 2,285 | -2,372 | 7,444 | 16,797 | 16,907 | 10,804 | 33,856 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jan 2024 | Jan 2023 | Jan 2022 | Jan 2021 | Jan 2020 | Jan 2019 | Jan 2018 | Jan 2017 | Jan 2016 | Jan 2015 | Jan 2014 | Jan 2013 | Jan 2012 | Jan 2011 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 4,222 | 5,031 | 7,146 | 9,333 | 10,616 | 8,673 | 6,323 | 8,220 | 3,393 | 3,389 | 4,747 | 5,384 | 5,803 | 3,122 | 3,393 |
| Intangible Assets | |||||||||||||||
| Investments & Other | |||||||||||||||
| Debtors (Due After 1 year) | |||||||||||||||
| Total Fixed Assets | 4,222 | 5,031 | 7,146 | 9,333 | 10,616 | 8,673 | 6,323 | 8,220 | 3,393 | 3,389 | 4,747 | 5,384 | 5,803 | 3,122 | 3,393 |
| Stock & work in progress | 29,269 | 25,347 | 21,381 | 22,390 | 24,468 | 20,780 | 21,123 | 20,736 | 20,646 | 15,037 | 14,568 | 18,778 | 12,830 | 12,757 | 7,071 |
| Trade Debtors | 40 | 269 | 173 | 187 | 1,594 | 1,728 | 862 | 2,007 | 1,453 | 1,206 | 2,380 | 6,133 | 5,632 | 1,732 | 433 |
| Group Debtors | 21,128 | 9,412 | |||||||||||||
| Misc Debtors | 775 | 661 | 650 | 403 | 1,454 | 866 | 654 | 521 | 201 | 1,048 | 1,258 | 443 | 25 | ||
| Cash | 49,496 | 27,443 | 41,085 | 64,408 | 9,575 | 28,467 | 12,221 | 17,767 | 32,857 | 7,641 | 15,151 | 16,405 | 28,275 | 16,370 | 5,314 |
| misc current assets | |||||||||||||||
| total current assets | 79,580 | 74,848 | 72,701 | 87,388 | 37,091 | 51,841 | 34,860 | 41,031 | 55,157 | 24,932 | 33,357 | 41,759 | 46,737 | 30,884 | 12,818 |
| total assets | 83,802 | 79,879 | 79,847 | 96,721 | 47,707 | 60,514 | 41,183 | 49,251 | 58,550 | 28,321 | 38,104 | 47,143 | 52,540 | 34,006 | 16,211 |
| Bank overdraft | |||||||||||||||
| Bank loan | 7,400 | 7,400 | 7,400 | ||||||||||||
| Trade Creditors | 3,040 | 2,128 | 1,732 | 20 | 4,347 | 3,520 | 2,270 | 4,779 | 5,012 | 3,191 | 3,539 | 4,063 | 7,338 | 1,471 | 1,117 |
| Group/Directors Accounts | 17,296 | 4,754 | 2,396 | 29,894 | 12,462 | 15,407 | 21,482 | 29,765 | 2,145 | 7,252 | 15,053 | 16,553 | 10,254 | ||
| other short term finances | |||||||||||||||
| hp & lease commitments | |||||||||||||||
| other current liabilities | 9,357 | 7,055 | 7,873 | 8,135 | 6,421 | 27,235 | 4,848 | 4,332 | 5,115 | 4,327 | 4,585 | 5,299 | 5,921 | 3,194 | 1,050 |
| total current liabilities | 37,093 | 21,337 | 19,401 | 38,049 | 23,230 | 30,755 | 22,525 | 30,593 | 39,892 | 9,663 | 15,376 | 24,415 | 29,812 | 14,919 | 2,167 |
| loans | 9,866 | 17,266 | 24,667 | 37,000 | |||||||||||
| hp & lease commitments | |||||||||||||||
| Accruals and Deferred Income | 5,277 | ||||||||||||||
| other liabilities | |||||||||||||||
| provisions | |||||||||||||||
| total long term liabilities | 9,866 | 17,266 | 24,667 | 37,000 | 5,277 | ||||||||||
| total liabilities | 46,959 | 38,603 | 44,068 | 75,049 | 23,230 | 36,032 | 22,525 | 30,593 | 39,892 | 9,663 | 15,376 | 24,415 | 29,812 | 14,919 | 2,167 |
| net assets | 36,843 | 41,276 | 35,779 | 21,672 | 24,477 | 24,482 | 18,658 | 18,658 | 18,658 | 18,658 | 22,728 | 22,728 | 22,728 | 19,087 | 14,044 |
| total shareholders funds | 36,843 | 41,276 | 35,779 | 21,672 | 24,477 | 24,482 | 18,658 | 18,658 | 18,658 | 18,658 | 22,728 | 22,728 | 22,728 | 19,087 | 14,044 |
| Jan 2024 | Jan 2023 | Jan 2022 | Jan 2021 | Jan 2020 | Jan 2019 | Jan 2018 | Jan 2017 | Jan 2016 | Jan 2015 | Jan 2014 | Jan 2013 | Jan 2012 | Jan 2011 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | 18,035 | 21,282 | 14,998 | -2,963 | 6,419 | 5,824 | 7,480 | 4,434 | 920 | -4,070 | 5,407 | 15,810 | 15,641 | 10,043 | 33,478 |
| Depreciation | 1,760 | 2,115 | 2,187 | 2,572 | 2,264 | 2,053 | 1,897 | 1,752 | 1,365 | 1,698 | 2,037 | 987 | 1,266 | 761 | 378 |
| Amortisation | |||||||||||||||
| Tax | 11 | 158 | -600 | ||||||||||||
| Stock | 3,922 | 3,966 | -1,009 | -2,078 | 3,688 | -343 | 387 | 90 | 5,609 | 469 | -4,210 | 5,948 | 73 | 12,757 | 7,071 |
| Debtors | -21,243 | 11,823 | 9,645 | -2,458 | 454 | 1,078 | -1,012 | 874 | -600 | -1,384 | -2,938 | 944 | 3,875 | 1,757 | 433 |
| Creditors | 912 | 396 | 1,712 | -4,327 | 827 | 1,250 | -2,509 | -233 | 1,821 | -348 | -524 | -3,275 | 5,867 | 1,471 | 1,117 |
| Accruals and Deferred Income | 2,302 | -818 | -262 | 1,714 | -26,091 | 27,664 | 516 | -783 | 788 | -258 | -714 | -622 | 2,727 | 3,194 | 1,050 |
| Deferred Taxes & Provisions | |||||||||||||||
| Cash flow from operations | 40,341 | 7,186 | 9,999 | 1,690 | -21,323 | 36,056 | 8,009 | 4,206 | -115 | -2,063 | 13,354 | 6,008 | 21,553 | 955 | 28,519 |
| Investing Activities | |||||||||||||||
| capital expenditure | |||||||||||||||
| Change in Investments | |||||||||||||||
| cash flow from investments | |||||||||||||||
| Financing Activities | |||||||||||||||
| Bank loans | 7,400 | ||||||||||||||
| Group/Directors Accounts | 12,542 | 2,358 | -27,498 | 17,432 | 12,462 | -15,407 | -6,075 | -8,283 | 27,620 | -5,107 | -7,801 | -1,500 | 6,299 | 10,254 | |
| Other Short Term Loans | |||||||||||||||
| Long term loans | -7,400 | -7,401 | -12,333 | 37,000 | |||||||||||
| Hire Purchase and Lease Commitments | |||||||||||||||
| other long term liabilities | |||||||||||||||
| share issue | |||||||||||||||
| interest | -531 | -717 | -891 | -5,824 | -350 | ||||||||||
| cash flow from financing | -17,337 | -20,828 | -33,322 | 54,432 | 6,638 | -15,407 | -6,075 | -8,283 | 27,620 | -5,107 | -7,801 | -1,500 | 6,299 | 24,298 | -19,434 |
| cash and cash equivalents | |||||||||||||||
| cash | 22,053 | -13,642 | -23,323 | 54,833 | -18,892 | 16,246 | -5,546 | -15,090 | 25,216 | -7,510 | -1,254 | -11,870 | 11,905 | 16,370 | 5,314 |
| overdraft | |||||||||||||||
| change in cash | 22,053 | -13,642 | -23,323 | 54,833 | -18,892 | 16,246 | -5,546 | -15,090 | 25,216 | -7,510 | -1,254 | -11,870 | 11,905 | 16,370 | 5,314 |
wheal martyn enterprises limited Credit Report and Business Information
Wheal Martyn Enterprises Limited Competitor Analysis
Perform a competitor analysis for wheal martyn enterprises limited by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other micro companies, companies in PL26 area or any other competitors across 12 key performance metrics.
wheal martyn enterprises limited Ownership
WHEAL MARTYN ENTERPRISES LIMITED group structure
Wheal Martyn Enterprises Limited has no subsidiary companies.
wheal martyn enterprises limited directors
Wheal Martyn Enterprises Limited currently has 4 directors. The longest serving directors include Ms Evelyn Marsden (Apr 2010) and Mr Christopher Varcoe (Oct 2012).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Ms Evelyn Marsden | England | 69 years | Apr 2010 | - | Director |
| Mr Christopher Varcoe | England | 71 years | Oct 2012 | - | Director |
| Mr Colin Vallance | England | 42 years | Oct 2015 | - | Director |
| Mr John Wood | England | 77 years | Apr 2016 | - | Director |
P&L
January 2024turnover
191.4k
+14%
operating profit
18k
-15%
gross margin
65.9%
-2.18%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
January 2024net assets
36.8k
-0.11%
total assets
83.8k
+0.05%
cash
49.5k
+0.8%
net assets
Total assets minus all liabilities
wheal martyn enterprises limited company details
company number
02599839
Type
Private limited with Share Capital
industry
56101 - Licensed restaurants
47190 - Other retail sale in non-specialised stores
incorporation date
April 1991
age
34
incorporated
UK
ultimate parent company
accounts
Small Company
last accounts submitted
January 2024
previous names
N/A
accountant
-
auditor
PKF FRANCIS CLARK
address
wheal martyn carthew, st. austell, cornwall, PL26 8XG
Bank
-
Legal Advisor
-
wheal martyn enterprises 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 1 charges/mortgages relating to wheal martyn enterprises limited. Currently there are 1 open charges and 0 have been satisfied in the past.
wheal martyn enterprises 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 WHEAL MARTYN ENTERPRISES LIMITED. This can take several minutes, an email will notify you when this has completed.
wheal martyn enterprises limited Companies House Filings - See Documents
| date | description | view/download |
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