Pomanda estimates the enterprise value of WELLINGTON ENGINEERING CO. LIMITED at £3.3m based on a Turnover of £5.5m and 0.6x industry multiple (adjusted for size and gross margin).
Pomanda estimates the enterprise value of WELLINGTON ENGINEERING CO. LIMITED at £890.7k based on an EBITDA of £240.5k and a 3.7x industry multiple (adjusted for size and gross margin).
Pomanda estimates the enterprise value of WELLINGTON ENGINEERING CO. LIMITED at £1.9m based on Net Assets of £961.8k and 2.02x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Wellington Engineering Co. LimitedOverview
Wellington Engineering Co. Limited is a live company located in middlesex, UB3 1SR with a Companies House number of 02688410. It operates in the other manufacturing n.e.c. sector, SIC Code 32990. Founded in February 1992, it's largest shareholder is
daimon vincent wellington
with a 100% stake. Wellington Engineering Co. Limited is a mature,
mid sized company, Pomanda has estimated its turnover at
£5.5m with
low
growth in recent years.
Pomanda's financial health check has awarded Wellington Engineering Co. Limited a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 9 areas for improvement. Company Health Check FAQs
Health Rating1.5out of 5
2 Strong
1 Regular
9 Weak
Size
annual sales of £5.5m, make it smaller than the average company (£13.9m)
£5.5m - Wellington Engineering Co. Limited
£13.9m - Industry AVG
Growth
3 year (CAGR) sales growth of 1%, show it is growing at a slower rate (8.7%)
1% - Wellington Engineering Co. Limited
8.7% - Industry AVG
Production
with a gross margin of 21.1%, this company has a higher cost of product (31%)
21.1% - Wellington Engineering Co. Limited
31% - Industry AVG
Profitability
an operating margin of -0.4% make it less profitable than the average company (6.3%)
-0.4% - Wellington Engineering Co. Limited
6.3% - Industry AVG
Employees
with 50 employees, this is below the industry average (71)
50 - Wellington Engineering Co. Limited
71 - Industry AVG
Pay Structure
on an average salary of £42.9k, the company has an equivalent pay structure (£42.9k)
£42.9k - Wellington Engineering Co. Limited
£42.9k - Industry AVG
Efficiency
resulting in sales per employee of £109.8k, this is less efficient (£178.2k)
£109.8k - Wellington Engineering Co. Limited
£178.2k - Industry AVG
Debtor Days
it gets paid by customers after 90 days, this is later than average (52 days)
90 days - Wellington Engineering Co. Limited
52 days - Industry AVG
Creditor Days
its suppliers are paid after 126 days, this is slower than average (40 days)
126 days - Wellington Engineering Co. Limited
40 days - Industry AVG
Stock Days
it holds stock equivalent to 29 days, this is less than average (66 days)
29 days - Wellington Engineering Co. Limited
66 days - Industry AVG
Cash Balance
has cash to cover current liabilities
for 5 weeks, this is less cash available to meet short term requirements (13 weeks)
5 weeks - Wellington Engineering Co. Limited
13 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 63.5%, this is a higher level of debt than the average (46.8%)
63.5% - Wellington Engineering Co. Limited
46.8% - Industry AVG
WELLINGTON ENGINEERING CO. LIMITED financials
EXPORT
Wellington Engineering Co. Limited's latest turnover from July 2024 is estimated at £5.5 million and the company has net assets of £961.8 thousand. According to their latest financial statements, Wellington Engineering Co. Limited has 50 employees and maintains cash reserves of £146.6 thousand as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Jul 2024
Jul 2023
Jul 2022
Jul 2021
Jul 2020
Jul 2019
Jul 2018
Jul 2017
Jul 2016
Jul 2015
Jul 2014
Jul 2013
Jul 2012
Jul 2011
Jul 2010
Jul 2009
Turnover
5,489,438
5,521,992
4,774,619
5,322,470
5,540,175
6,298,086
3,214,939
3,346,398
2,817,985
6,921,789
7,935,091
5,790,044
4,232,262
3,350,814
2,353,711
2,216,104
Other Income Or Grants
Cost Of Sales
4,329,204
4,389,221
3,820,726
4,301,803
4,424,756
5,015,367
2,541,408
2,598,326
2,169,641
5,374,716
6,165,407
4,495,410
2,752,621
2,170,442
1,680,627
1,507,597
Gross Profit
1,160,234
1,132,770
953,893
1,020,667
1,115,419
1,282,719
673,531
748,073
648,344
1,547,072
1,769,684
1,294,634
1,479,641
1,180,372
673,084
708,507
Admin Expenses
1,179,711
1,557,956
1,344,310
1,036,459
1,306,219
1,458,594
475,388
832,736
915,971
1,537,087
1,758,142
660,331
730,299
658,544
603,702
650,003
Operating Profit
-19,477
-425,186
-390,417
-15,792
-190,800
-175,875
198,143
-84,663
-267,627
9,985
11,542
634,303
749,342
521,828
69,382
58,504
Interest Payable
16,725
35,921
33,611
15,140
9,748
24,394
22,429
23,986
35,198
Interest Receivable
6,576
15,096
3,783
69
18
364
288
184
455
141
508
587
2,224
186
Pre-Tax Profit
-12,901
-410,090
-386,634
-15,723
-190,782
-192,236
162,510
-118,091
-282,312
10,126
12,051
625,142
727,172
499,404
45,396
23,492
Tax
-30,877
-2,025
-2,531
-143,783
-197,857
-142,849
-6,628
-10,746
Profit After Tax
-12,901
-410,090
-386,634
-15,723
-190,782
-192,236
131,633
-118,091
-282,312
8,101
9,520
481,359
529,315
356,555
38,768
12,746
Dividends Paid
20,520
12,000
Retained Profit
-12,901
-410,090
-386,634
-15,723
-190,782
-192,236
131,633
-118,091
-282,312
8,101
9,520
481,359
508,795
356,555
38,768
746
Employee Costs
2,143,805
1,865,521
1,872,000
1,931,414
1,912,361
1,988,474
1,849,427
1,781,214
1,798,257
1,008,303
1,145,365
871,918
629,863
550,257
385,653
Number Of Employees
50
46
48
52
52
55
52
52
54
31
36
28
20
18
13
EBITDA*
240,516
-154,594
-74,073
109,751
-24,165
36,880
481,817
254,760
86,559
339,808
394,163
813,276
909,056
642,212
173,501
184,516
* Earnings Before Interest, Tax, Depreciation and Amortisation
Jul 2024
Jul 2023
Jul 2022
Jul 2021
Jul 2020
Jul 2019
Jul 2018
Jul 2017
Jul 2016
Jul 2015
Jul 2014
Jul 2013
Jul 2012
Jul 2011
Jul 2010
Jul 2009
Tangible Assets
768,795
972,610
988,723
1,093,117
499,720
638,263
851,018
1,018,270
1,328,849
1,402,765
1,964,848
1,358,283
1,257,698
364,470
430,304
378,036
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
768,795
972,610
988,723
1,093,117
499,720
638,263
851,018
1,018,270
1,328,849
1,402,765
1,964,848
1,358,283
1,257,698
364,470
430,304
378,036
Stock & work in progress
352,805
543,666
583,109
625,930
850,389
896,215
711,547
764,101
597,220
297,002
156,472
235,804
192,874
241,028
182,512
234,631
Trade Debtors
1,363,274
1,570,855
1,169,754
1,571,139
1,440,615
1,803,070
788,431
899,739
548,074
2,334,545
2,519,200
1,691,195
813,338
689,965
598,585
356,594
Group Debtors
Misc Debtors
1,100,456
1,116,183
1,126,460
751
10,979
10,979
10,979
Cash
146,572
103,934
499,905
105,322
32,795
2,360
94,781
20,519
126,294
55,893
498
202,795
32,056
100,209
29
misc current assets
total current assets
1,862,651
2,218,455
2,252,768
2,302,391
2,323,799
2,701,645
2,695,215
2,800,542
2,398,048
2,687,440
2,676,170
2,129,794
1,039,019
1,042,181
792,076
602,233
total assets
2,631,446
3,191,065
3,241,491
3,395,508
2,823,519
3,339,908
3,546,233
3,818,812
3,726,897
4,090,205
4,641,018
3,488,077
2,296,717
1,406,651
1,222,380
980,269
Bank overdraft
495,555
609,712
465,846
299,953
52,270
279,982
290,630
Bank loan
Trade Creditors
1,503,415
1,695,293
1,690,900
1,582,422
1,630,163
1,926,642
435,243
535,752
477,359
1,566,812
2,298,047
1,681,813
361,271
281,762
326,084
100,732
Group/Directors Accounts
1,022
13,668
25,000
51,000
other short term finances
hp & lease commitments
250,994
250,994
433,959
34,925
38,100
79,960
71,506
other current liabilities
483,477
395,583
289,437
377,689
285,510
87,150
122,960
total current liabilities
1,503,415
1,695,293
1,690,900
1,582,422
1,630,163
1,926,642
1,666,291
1,805,709
1,666,601
1,566,812
2,298,047
1,681,813
1,073,838
657,642
798,176
636,828
loans
hp & lease commitments
34,925
66,675
24,680
Accruals and Deferred Income
other liabilities
20,593
22,222
91,756
108,482
359,476
610,470
552,805
668,259
561,309
102,026
provisions
166,239
160,735
145,215
19,447
31,529
43,931
67,377
81,177
67,944
133,275
67,904
total long term liabilities
166,239
160,735
165,808
41,669
123,285
152,413
426,853
691,647
620,749
801,534
629,213
102,026
34,925
66,675
24,680
total liabilities
1,669,654
1,856,028
1,856,708
1,624,091
1,753,448
2,079,055
2,093,144
2,497,356
2,287,350
2,368,346
2,927,260
1,783,839
1,073,838
692,567
864,851
661,508
net assets
961,792
1,335,037
1,384,783
1,771,417
1,070,071
1,260,853
1,453,089
1,321,456
1,439,547
1,721,859
1,713,758
1,704,238
1,222,879
714,084
357,529
318,761
total shareholders funds
961,792
1,335,037
1,384,783
1,771,417
1,070,071
1,260,853
1,453,089
1,321,456
1,439,547
1,721,859
1,713,758
1,704,238
1,222,879
714,084
357,529
318,761
Jul 2024
Jul 2023
Jul 2022
Jul 2021
Jul 2020
Jul 2019
Jul 2018
Jul 2017
Jul 2016
Jul 2015
Jul 2014
Jul 2013
Jul 2012
Jul 2011
Jul 2010
Jul 2009
Operating Activities
Operating Profit
-19,477
-425,186
-390,417
-15,792
-190,800
-175,875
198,143
-84,663
-267,627
9,985
11,542
634,303
749,342
521,828
69,382
58,504
Depreciation
259,993
270,592
316,344
125,543
166,635
212,755
283,674
339,423
354,186
329,823
382,621
178,973
159,714
120,384
104,119
126,012
Amortisation
Tax
-30,877
-2,025
-2,531
-143,783
-197,857
-142,849
-6,628
-10,746
Stock
-190,861
-39,443
-42,821
-224,459
-45,826
184,668
-52,554
166,881
300,218
140,530
-79,332
42,930
-48,154
58,516
-52,119
234,631
Debtors
-207,581
401,101
-401,385
130,524
-362,455
-85,817
-127,035
341,388
-660,011
-184,655
828,005
877,106
113,145
91,380
241,991
367,573
Creditors
-191,878
4,393
108,478
-47,741
-296,479
1,491,399
-100,509
58,393
-1,089,453
-731,235
616,234
1,320,542
79,509
-44,322
225,352
100,732
Accruals and Deferred Income
-483,477
87,894
106,146
289,437
-377,689
92,179
198,360
-35,810
122,960
Deferred Taxes & Provisions
5,504
15,520
125,768
-12,082
-12,402
-23,446
-13,800
13,233
-65,331
65,371
67,904
Cash flow from operations
452,584
-496,339
604,379
143,863
75,235
922,505
604,114
-75,737
-418,995
-283,956
327,097
692,310
817,896
503,505
166,543
-204,742
Investing Activities
capital expenditure
-56,178
-254,479
-211,950
-718,940
-28,092
-116,422
-28,844
-280,270
232,260
-989,186
-279,558
-1,052,942
-54,550
-156,387
-504,048
Change in Investments
cash flow from investments
-56,178
-254,479
-211,950
-718,940
-28,092
-116,422
-28,844
-280,270
232,260
-989,186
-279,558
-1,052,942
-54,550
-156,387
-504,048
Financing Activities
Bank loans
Group/Directors Accounts
-1,022
-12,646
13,668
-25,000
-26,000
51,000
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
-250,994
-182,965
433,959
-34,925
-38,100
-73,610
50,449
96,186
other long term liabilities
-20,593
-1,629
-69,534
-16,726
-250,994
-250,994
57,665
-115,454
106,950
459,283
102,026
share issue
-360,344
360,344
717,069
318,015
interest
6,576
15,096
3,783
69
18
-16,361
-35,633
-33,427
-14,685
141
508
-9,161
-22,170
-22,429
-23,986
-35,012
cash flow from financing
-353,768
354,847
2,154
647,604
-16,708
-519,371
-299,273
-145,059
303,820
107,091
459,791
57,940
-60,270
-121,039
463
430,189
cash and cash equivalents
cash
42,638
-395,971
394,583
72,527
30,435
-92,421
74,262
-105,775
70,401
55,395
-202,297
170,739
-68,153
100,209
-29
29
overdraft
-495,555
-114,157
143,866
465,846
-299,953
247,683
-227,712
-10,648
290,630
change in cash
42,638
-395,971
394,583
72,527
30,435
403,134
188,419
-249,641
-395,445
55,395
-202,297
470,692
-315,836
327,921
10,619
-290,601
wellington engineering co. limited Credit Report and Business Information
Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
Get a comprehensive credit check for wellington engineering co. limited. Get real-time insights into wellington engineering co. limited's credit score, group structure and payment trends.
Perform a competitor analysis for wellington engineering co. limited by selecting its closest rivals, whether from the MANUFACTURING sector, other mid companies, companies in UB3 area or any other competitors across 12 key performance metrics.
wellington engineering co. limited Ownership
WELLINGTON ENGINEERING CO. LIMITED group structure
Wellington Engineering Co. Limited has no subsidiary companies.
Ultimate parent company
WELLINGTON ENGINEERING CO. LIMITED
02688410
WELLINGTON ENGINEERING CO. LIMITED Shareholders
The sole shareholder of Wellington Engineering Co. Limited is Daimon Vincent Wellington.
daimon vincent wellington
100%
wellington engineering co. limited directors
Wellington Engineering Co. Limited currently has 2 directors.
The longest serving directors include
Mr Daimon Wellington (Aug 1992) and
Mr Gladstone Wellington (May 1996).
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 4 charges/mortgages relating to wellington engineering co. limited. Currently there are 2 open charges and 2 have been satisfied in the past.
wellington engineering co. 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 WELLINGTON ENGINEERING CO. LIMITED. This can take several minutes, an email will notify you when this has completed.
wellington engineering co. limitedCompanies House Filings - See Documents
