west pennine trucks limited
west pennine trucks limited Company Information
Company Number
02665341
Next Accounts
Jun 2025
Shareholders
ballyvesey holdings ltd
Group Structure
View All
Industry
Sale of other motor vehicles
+3Registered Address
stakehill industrial park, middleton, manchester, M24 2RW
Website
http://scania.comwest pennine trucks limited Estimated Valuation
Pomanda estimates the enterprise value of WEST PENNINE TRUCKS LIMITED at £58.1m based on a Turnover of £127.9m and 0.45x industry multiple (adjusted for size and gross margin).
west pennine trucks limited Estimated Valuation
Pomanda estimates the enterprise value of WEST PENNINE TRUCKS LIMITED at £20.4m based on an EBITDA of £3.5m and a 5.84x industry multiple (adjusted for size and gross margin).
west pennine trucks limited Estimated Valuation
Pomanda estimates the enterprise value of WEST PENNINE TRUCKS LIMITED at £81.3m based on Net Assets of £31m and 2.62x industry multiple (adjusted for liquidity).
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West Pennine Trucks Limited Overview
West Pennine Trucks Limited is a live company located in manchester, M24 2RW with a Companies House number of 02665341. It operates in the sale of other motor vehicles sector, SIC Code 45190. Founded in November 1991, it's largest shareholder is ballyvesey holdings ltd with a 100% stake. West Pennine Trucks Limited is a mature, mega sized company, Pomanda has estimated its turnover at £127.9m with healthy growth in recent years.
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West Pennine Trucks Limited Health Check
Pomanda's financial health check has awarded West Pennine Trucks Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 7 measures and has 4 areas for improvement. Company Health Check FAQs
7 Strong
1 Regular
4 Weak
Size
annual sales of £127.9m, make it larger than the average company (£11.9m)
£127.9m - West Pennine Trucks Limited
£11.9m - Industry AVG
Growth
3 year (CAGR) sales growth of 12%, show it is growing at a faster rate (7%)
12% - West Pennine Trucks Limited
7% - Industry AVG
Production
with a gross margin of 12.6%, this company has a higher cost of product (26.5%)
12.6% - West Pennine Trucks Limited
26.5% - Industry AVG
Profitability
an operating margin of 2.4% make it less profitable than the average company (4.7%)
2.4% - West Pennine Trucks Limited
4.7% - Industry AVG
Employees
with 223 employees, this is above the industry average (34)
223 - West Pennine Trucks Limited
34 - Industry AVG
Pay Structure
on an average salary of £52.8k, the company has a higher pay structure (£33.6k)
£52.8k - West Pennine Trucks Limited
£33.6k - Industry AVG
Efficiency
resulting in sales per employee of £573.7k, this is more efficient (£264.5k)
£573.7k - West Pennine Trucks Limited
£264.5k - Industry AVG
Debtor Days
it gets paid by customers after 11 days, this is earlier than average (36 days)
11 days - West Pennine Trucks Limited
36 days - Industry AVG
Creditor Days
its suppliers are paid after 150 days, this is slower than average (44 days)
150 days - West Pennine Trucks Limited
44 days - Industry AVG
Stock Days
it holds stock equivalent to 115 days, this is more than average (66 days)
115 days - West Pennine Trucks Limited
66 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 20 weeks, this is more cash available to meet short term requirements (11 weeks)
20 weeks - West Pennine Trucks Limited
11 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 64.7%, this is a similar level of debt than the average (63.9%)
64.7% - West Pennine Trucks Limited
63.9% - Industry AVG
WEST PENNINE TRUCKS LIMITED financials
West Pennine Trucks Limited's latest turnover from September 2023 is £127.9 million and the company has net assets of £31 million. According to their latest financial statements, West Pennine Trucks Limited has 223 employees and maintains cash reserves of £22.7 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Sep 2023 | Sep 2022 | Sep 2021 | Sep 2020 | Sep 2019 | Sep 2018 | Sep 2017 | Sep 2016 | Sep 2015 | Sep 2014 | Sep 2013 | Sep 2012 | Sep 2011 | Sep 2010 | Sep 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 127,935,094 | 93,656,621 | 95,303,735 | 91,233,675 | 129,493,791 | 74,289,871 | 69,049,344 | 83,551,152 | 64,847,564 | 58,656,149 | 51,969,331 | 54,393,812 | 45,425,320 | 47,686,826 | 46,567,737 |
| Other Income Or Grants | |||||||||||||||
| Cost Of Sales | 111,872,062 | 80,821,356 | 83,338,111 | 80,230,964 | 117,550,928 | 63,659,781 | 58,734,787 | 74,176,994 | 55,522,798 | 50,081,217 | 43,586,045 | 46,384,133 | 36,990,940 | 39,587,187 | 38,366,423 |
| Gross Profit | 16,063,032 | 12,835,265 | 11,965,624 | 11,002,711 | 11,942,863 | 10,630,090 | 10,314,557 | 9,374,158 | 9,324,766 | 8,574,932 | 8,383,286 | 8,009,679 | 8,434,380 | 8,099,639 | 8,201,314 |
| Admin Expenses | 12,955,158 | 11,173,293 | 9,910,586 | 9,888,477 | 10,264,670 | 9,815,414 | 9,268,847 | 8,966,017 | 8,151,087 | 7,556,510 | 7,397,182 | 7,132,559 | 7,176,831 | 6,877,122 | 6,995,277 |
| Operating Profit | 3,107,874 | 1,661,972 | 2,055,038 | 1,114,234 | 1,678,193 | 814,676 | 1,045,710 | 408,141 | 1,173,679 | 1,018,422 | 986,104 | 877,120 | 1,257,549 | 1,222,517 | 1,206,037 |
| Interest Payable | 17,123 | 5,589 | 5,358 | 10,887 | 15,545 | 17,647 | 9,663 | 8,793 | 11,355 | 14,725 | 55,580 | 17,320 | 60,237 | ||
| Interest Receivable | 2,666,088 | 1,249,216 | 952,529 | 351,601 | 342,918 | 587,270 | 589,807 | 501,052 | 516,900 | 253,292 | 325,277 | 262,154 | 254,258 | ||
| Pre-Tax Profit | 5,736,068 | 2,917,708 | 3,026,094 | 1,485,388 | 2,047,778 | 1,453,629 | 1,607,639 | 1,014,468 | 1,816,255 | 1,519,965 | 1,513,748 | 1,159,009 | 1,588,354 | 1,483,944 | 1,418,335 |
| Tax | -1,749,720 | -59,029 | -565,062 | -293,420 | -413,640 | -291,665 | -333,156 | -225,018 | -398,966 | -353,564 | -364,514 | -299,562 | -440,956 | -416,947 | -400,764 |
| Profit After Tax | 3,986,348 | 2,858,679 | 2,461,032 | 1,191,968 | 1,634,138 | 1,161,964 | 1,274,483 | 789,450 | 1,417,289 | 1,166,401 | 1,149,234 | 859,447 | 1,147,398 | 1,066,997 | 1,017,571 |
| Dividends Paid | |||||||||||||||
| Retained Profit | 3,986,348 | 2,858,679 | 2,461,032 | 1,191,968 | 1,634,138 | 1,161,964 | 1,274,483 | 789,450 | 1,417,289 | 1,166,401 | 1,149,234 | 859,447 | 1,147,398 | 1,066,997 | 1,017,571 |
| Employee Costs | 11,784,719 | 9,807,569 | 9,000,093 | 8,846,661 | 8,756,884 | 8,412,320 | 7,999,253 | 7,758,096 | 7,076,418 | 6,389,235 | 6,206,034 | 6,215,938 | 6,414,067 | 6,165,614 | 6,584,261 |
| Number Of Employees | 223 | 202 | 189 | 222 | 218 | 221 | 218 | 217 | 199 | 194 | 194 | 199 | 208 | 205 | 217 |
| EBITDA* | 3,495,284 | 1,992,950 | 2,388,756 | 1,482,428 | 2,054,800 | 1,173,150 | 1,389,228 | 702,720 | 1,416,803 | 1,254,023 | 1,085,203 | 1,059,539 | 1,454,268 | 1,443,085 | 1,441,721 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Sep 2023 | Sep 2022 | Sep 2021 | Sep 2020 | Sep 2019 | Sep 2018 | Sep 2017 | Sep 2016 | Sep 2015 | Sep 2014 | Sep 2013 | Sep 2012 | Sep 2011 | Sep 2010 | Sep 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 1,700,466 | 932,673 | 978,963 | 1,134,826 | 1,259,524 | 931,436 | 1,043,515 | 1,195,380 | 756,412 | 552,737 | 541,384 | 476,599 | 472,862 | 281,130 | 474,279 |
| Intangible Assets | |||||||||||||||
| Investments & Other | |||||||||||||||
| Debtors (Due After 1 year) | 70,453 | 78,145 | |||||||||||||
| Total Fixed Assets | 1,700,466 | 932,673 | 978,963 | 1,134,826 | 1,259,524 | 931,436 | 1,043,515 | 1,195,380 | 826,865 | 630,882 | 541,384 | 476,599 | 472,862 | 281,130 | 474,279 |
| Stock & work in progress | 35,546,669 | 23,337,637 | 18,358,506 | 21,857,181 | 29,080,088 | 14,648,179 | 9,830,306 | 10,261,452 | 9,146,407 | 9,229,680 | 9,369,040 | 3,653,388 | 6,896,172 | 5,985,400 | 6,435,004 |
| Trade Debtors | 3,927,396 | 6,885,245 | 2,992,745 | 4,343,165 | 4,683,658 | 5,298,189 | 3,379,498 | 4,032,501 | 3,119,839 | 3,022,372 | 2,636,314 | 3,677,755 | 2,452,719 | 2,636,915 | 2,043,481 |
| Group Debtors | 21,259,289 | 16,414,988 | 17,308,077 | 16,507,255 | 15,300,233 | 15,124,601 | 15,447,072 | 15,784,932 | 15,521,035 | 13,145,225 | 11,908,809 | 12,348,805 | 3,330,527 | 1,515,891 | 2,781,323 |
| Misc Debtors | 2,728,025 | 2,039,337 | 1,754,905 | 1,033,745 | 2,864,045 | 2,870,809 | 1,163,458 | 890,320 | 780,218 | 992,065 | 2,170,166 | 1,028,304 | 1,141,234 | 1,613,267 | 782,483 |
| Cash | 22,669,059 | 18,488,835 | 15,825,212 | 12,431,280 | 12,016,759 | 5,101,497 | 3,599,824 | 1,160,397 | 2,581,428 | 3,457,845 | 3,989,979 | 982,259 | 8,332,001 | 9,587,768 | 7,215,871 |
| misc current assets | |||||||||||||||
| total current assets | 86,130,438 | 67,166,042 | 56,239,445 | 56,172,626 | 63,944,783 | 43,043,275 | 33,420,158 | 32,129,602 | 31,148,927 | 29,847,187 | 30,074,308 | 21,690,511 | 22,152,653 | 21,339,241 | 19,258,162 |
| total assets | 87,830,904 | 68,098,715 | 57,218,408 | 57,307,452 | 65,204,307 | 43,974,711 | 34,463,673 | 33,324,982 | 31,975,792 | 30,478,069 | 30,615,692 | 22,167,110 | 22,625,515 | 21,620,371 | 19,732,441 |
| Bank overdraft | |||||||||||||||
| Bank loan | |||||||||||||||
| Trade Creditors | 46,137,577 | 33,250,601 | 25,845,428 | 28,968,442 | 40,059,515 | 20,187,133 | 12,656,135 | 11,692,279 | 13,640,368 | 13,504,290 | 15,178,016 | 7,393,084 | 9,196,064 | 9,608,628 | 8,452,742 |
| Group/Directors Accounts | 16,210 | 80,650 | 37,177 | 364,295 | 288,976 | 265,596 | 174,058 | 1,029,768 | 149,419 | 485,309 | 237,504 | 214,193 | 196,036 | 325,418 | 94,168 |
| other short term finances | |||||||||||||||
| hp & lease commitments | 114,531 | 75,846 | 61,879 | 85,041 | 79,698 | 99,925 | 183,943 | 187,238 | 99,569 | 66,415 | 104,731 | 108,313 | 91,076 | 33,112 | 63,100 |
| other current liabilities | 10,373,376 | 7,545,151 | 7,027,712 | 6,140,673 | 4,176,665 | 4,487,985 | 3,654,446 | 3,805,450 | 2,339,717 | 2,156,269 | 1,978,434 | 2,432,591 | 1,952,059 | 1,751,058 | 2,250,919 |
| total current liabilities | 56,641,694 | 40,952,248 | 32,972,196 | 35,558,451 | 44,604,854 | 25,040,639 | 16,668,582 | 16,714,735 | 16,229,073 | 16,212,283 | 17,498,685 | 10,148,181 | 11,435,235 | 11,718,216 | 10,860,929 |
| loans | |||||||||||||||
| hp & lease commitments | 205,183 | 148,788 | 107,212 | 71,033 | 113,454 | 82,211 | 105,194 | 194,833 | 120,755 | 57,111 | 74,733 | 125,889 | 156,687 | 15,960 | 52,314 |
| Accruals and Deferred Income | |||||||||||||||
| other liabilities | |||||||||||||||
| provisions | |||||||||||||||
| total long term liabilities | 205,183 | 148,788 | 107,212 | 71,033 | 113,454 | 82,211 | 105,194 | 194,833 | 120,755 | 57,111 | 74,733 | 125,889 | 156,687 | 15,960 | 52,314 |
| total liabilities | 56,846,877 | 41,101,036 | 33,079,408 | 35,629,484 | 44,718,308 | 25,122,850 | 16,773,776 | 16,909,568 | 16,349,828 | 16,269,394 | 17,573,418 | 10,274,070 | 11,591,922 | 11,734,176 | 10,913,243 |
| net assets | 30,984,027 | 26,997,679 | 24,139,000 | 21,677,968 | 20,485,999 | 18,851,861 | 17,689,897 | 16,415,414 | 15,625,964 | 14,208,675 | 13,042,274 | 11,893,040 | 11,033,593 | 9,886,195 | 8,819,198 |
| total shareholders funds | 30,984,027 | 26,997,679 | 24,139,000 | 21,677,968 | 20,485,999 | 18,851,861 | 17,689,897 | 16,415,414 | 15,625,964 | 14,208,675 | 13,042,274 | 11,893,040 | 11,033,593 | 9,886,195 | 8,819,198 |
| Sep 2023 | Sep 2022 | Sep 2021 | Sep 2020 | Sep 2019 | Sep 2018 | Sep 2017 | Sep 2016 | Sep 2015 | Sep 2014 | Sep 2013 | Sep 2012 | Sep 2011 | Sep 2010 | Sep 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | 3,107,874 | 1,661,972 | 2,055,038 | 1,114,234 | 1,678,193 | 814,676 | 1,045,710 | 408,141 | 1,173,679 | 1,018,422 | 986,104 | 877,120 | 1,257,549 | 1,222,517 | 1,206,037 |
| Depreciation | 387,410 | 330,978 | 333,718 | 368,194 | 376,607 | 358,474 | 343,518 | 294,579 | 243,124 | 235,601 | 99,099 | 182,419 | 196,719 | 220,568 | 235,684 |
| Amortisation | |||||||||||||||
| Tax | -1,749,720 | -59,029 | -565,062 | -293,420 | -413,640 | -291,665 | -333,156 | -225,018 | -398,966 | -353,564 | -364,514 | -299,562 | -440,956 | -416,947 | -400,764 |
| Stock | 12,209,032 | 4,979,131 | -3,498,675 | -7,222,907 | 14,431,909 | 4,817,873 | -431,146 | 1,115,045 | -83,273 | -139,360 | 5,715,652 | -3,242,784 | 910,772 | -449,604 | 6,435,004 |
| Debtors | 2,575,140 | 3,283,843 | 171,562 | -963,771 | -445,663 | 3,303,571 | -717,725 | 1,216,208 | 2,253,738 | 522,518 | -339,575 | 10,130,384 | 1,158,407 | 158,786 | 5,607,287 |
| Creditors | 12,886,976 | 7,405,173 | -3,123,014 | -11,091,073 | 19,872,382 | 7,530,998 | 963,856 | -1,948,089 | 136,078 | -1,673,726 | 7,784,932 | -1,802,980 | -412,564 | 1,155,886 | 8,452,742 |
| Accruals and Deferred Income | 2,828,225 | 517,439 | 887,039 | 1,964,008 | -311,320 | 833,539 | -151,004 | 1,465,733 | 183,448 | 177,835 | -454,157 | 480,532 | 201,001 | -499,861 | 2,250,919 |
| Deferred Taxes & Provisions | |||||||||||||||
| Cash flow from operations | 2,676,593 | 1,593,559 | 2,914,832 | 248,621 | 7,215,976 | 1,124,578 | 3,017,795 | -2,335,907 | -833,102 | -978,590 | 2,675,387 | -7,450,071 | -1,267,430 | 1,972,981 | -297,673 |
| Investing Activities | |||||||||||||||
| capital expenditure | |||||||||||||||
| Change in Investments | |||||||||||||||
| cash flow from investments | |||||||||||||||
| Financing Activities | |||||||||||||||
| Bank loans | |||||||||||||||
| Group/Directors Accounts | -64,440 | 43,473 | -327,118 | 75,319 | 23,380 | 91,538 | -855,710 | 880,349 | -335,890 | 247,805 | 23,311 | 18,157 | -129,382 | 231,250 | 94,168 |
| Other Short Term Loans | |||||||||||||||
| Long term loans | |||||||||||||||
| Hire Purchase and Lease Commitments | 95,080 | 55,543 | 13,017 | -37,078 | 11,016 | -107,001 | -92,934 | 161,747 | 96,798 | -55,938 | -54,738 | -13,561 | 198,691 | -66,342 | 115,414 |
| other long term liabilities | |||||||||||||||
| share issue | |||||||||||||||
| interest | 2,648,965 | 1,243,627 | 947,171 | 351,601 | 342,918 | -10,887 | -15,545 | 569,623 | 580,144 | 492,259 | 505,545 | 238,567 | 269,697 | 244,834 | 194,021 |
| cash flow from financing | 2,679,605 | 1,342,643 | 633,070 | 389,843 | 377,314 | -26,350 | -964,189 | 1,611,719 | 341,052 | 684,126 | 474,118 | 243,163 | 339,006 | 409,742 | 8,205,230 |
| cash and cash equivalents | |||||||||||||||
| cash | 4,180,224 | 2,663,623 | 3,393,932 | 414,521 | 6,915,262 | 1,501,673 | 2,439,427 | -1,421,031 | -876,417 | -532,134 | 3,007,720 | -7,349,742 | -1,255,767 | 2,371,897 | 7,215,871 |
| overdraft | |||||||||||||||
| change in cash | 4,180,224 | 2,663,623 | 3,393,932 | 414,521 | 6,915,262 | 1,501,673 | 2,439,427 | -1,421,031 | -876,417 | -532,134 | 3,007,720 | -7,349,742 | -1,255,767 | 2,371,897 | 7,215,871 |
west pennine trucks limited Credit Report and Business Information
West Pennine Trucks Limited Competitor Analysis
Perform a competitor analysis for west pennine trucks limited by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other mega companies, companies in M24 area or any other competitors across 12 key performance metrics.
west pennine trucks limited Ownership
WEST PENNINE TRUCKS LIMITED group structure
West Pennine Trucks Limited has no subsidiary companies.
Ultimate parent company
2 parents
WEST PENNINE TRUCKS LIMITED
02665341
west pennine trucks limited directors
West Pennine Trucks Limited currently has 4 directors. The longest serving directors include Mr Colin Montgomery (Nov 2019) and Mr Harold Montgomery (Apr 2020).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Colin Montgomery | England | 48 years | Nov 2019 | - | Director |
| Mr Harold Montgomery | England | 41 years | Apr 2020 | - | Director |
| Mr Richard Gilliland | 57 years | Jul 2024 | - | Director | |
| Mr Richard Hudson | 57 years | Dec 2024 | - | Director |
P&L
September 2023turnover
127.9m
+37%
operating profit
3.1m
+87%
gross margin
12.6%
-8.38%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
September 2023net assets
31m
+0.15%
total assets
87.8m
+0.29%
cash
22.7m
+0.23%
net assets
Total assets minus all liabilities
west pennine trucks limited company details
company number
02665341
Type
Private limited with Share Capital
industry
45190 - Sale of other motor vehicles
45310 - Wholesale trade of motor vehicle parts and accessories
45200 - Maintenance and repair of motor vehicles
incorporation date
November 1991
age
34
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
September 2023
previous names
dmwsl 094 limited (June 1992)
accountant
-
auditor
GRANT THORNTON UK LLP
address
stakehill industrial park, middleton, manchester, M24 2RW
Bank
BANK OF IRELAND, BANK OF IRELAND, BANK OF IRELAND
Legal Advisor
CARSON MCDOWELL LLP
west pennine trucks 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 9 charges/mortgages relating to west pennine trucks limited. Currently there are 2 open charges and 7 have been satisfied in the past.
west pennine trucks 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 WEST PENNINE TRUCKS LIMITED. This can take several minutes, an email will notify you when this has completed.
west pennine trucks limited Companies House Filings - See Documents
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