Wrights Timber Company Limited

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wrights timber company limited Company Information

Live

MatureSmallDeclining

Company Number

02801598

Website

www.wrightstimber.co.uk

Registered Address

the causeway, mark, near highbridge, somerset, TA9 4QF

Industry

Wholesale of wood, construction materials and sanitary equipment

Telephone

01278641686

Next Accounts Due

January 2026

Group Structure

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Directors

Christopher Wright11 Years

Matthew Wright5 Years

Shareholders

matthew christopher wright 35%

christopher malcolm wright 30%

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wrights timber company limited Estimated Valuation

£1.2m

Pomanda estimates the enterprise value of WRIGHTS TIMBER COMPANY LIMITED at £1.2m based on Net Assets of £602.2k and 1.97x industry multiple (adjusted for liquidity).

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Wrights Timber Company Limited is a live company located in near highbridge, TA9 4QF with a Companies House number of 02801598. It operates in the wholesale of wood, construction materials and sanitary equipment sector, SIC Code 46730. Founded in March 1993, it's largest shareholder is matthew christopher wright with a 35% stake. Wrights Timber Company Limited is a mature, small sized company, Pomanda has estimated its turnover at £1.6m with declining growth in recent years.

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Pomanda's financial health check has awarded Wrights Timber Company Limited a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 5 areas for improvement. Company Health Check FAQs

Health Rating4.5out of 5

5 Strong

2 Regular

5 Weak

Size

annual sales of £1.6m, make it smaller than the average company (£22.1m)

Growth

3 year (CAGR) sales growth of -4%, show it is growing at a slower rate (10.8%)

EXPORT

Wrights Timber Company Limited's latest turnover from April 2024 is estimated at £1.6 million and the company has net assets of £602.2 thousand. According to their latest financial statements, Wrights Timber Company Limited has 9 employees and maintains cash reserves of £209.1 thousand as reported in the balance sheet.

Data source: Companies House, Pomanda Estimates

	Apr 2024	Apr 2023	Apr 2022	Apr 2021	Apr 2020	Apr 2019	Apr 2018	Apr 2017	Apr 2016	Apr 2015	Apr 2014	Apr 2013	Apr 2012	Apr 2011	Apr 2010
Turnover	1,558,345	1,648,312	1,887,473	1,738,581	1,283,153	1,054,630	898,652	949,968	884,133	677,962	599,699	523,508	454,378	527,041	500,524
Other Income Or Grants	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Cost Of Sales	1,177,089	1,282,075	1,422,855	1,312,920	965,908	806,848	691,115	717,076	664,264	514,665	463,608	404,213	350,743	404,477	370,555
Gross Profit	381,256	366,238	464,618	425,661	317,245	247,782	207,537	232,891	219,869	163,296	136,090	119,296	103,636	122,563	129,970
Admin Expenses	488,064	340,515	281,882	281,355	219,585	182,031	181,034	195,351	224,200	128,685	51,078	174,445	156,099	171,327	-213,731
Operating Profit	-106,808	25,723	182,736	144,306	97,660	65,751	26,503	37,540	-4,331	34,611	85,012	-55,149	-52,463	-48,764	343,701
Interest Payable	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Interest Receivable	14,333	16,653	3,398	423	297	1,320	626	326	801	678	269	335	663	859	461
Pre-Tax Profit	-92,475	42,376	186,133	144,730	97,957	67,070	27,130	37,865	-3,530	35,289	85,281	-54,814	-51,800	-47,905	344,163
Tax	0	-10,594	-35,365	-27,499	-18,612	-12,743	-5,155	-7,194	0	-7,058	-17,909	0	0	0	-96,365
Profit After Tax	-92,475	31,782	150,768	117,231	79,345	54,327	21,975	30,671	-3,530	28,231	67,372	-54,814	-51,800	-47,905	247,797
Dividends Paid	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Retained Profit	-92,475	31,782	150,768	117,231	79,345	54,327	21,975	30,671	-3,530	28,231	67,372	-54,814	-51,800	-47,905	247,797
Employee Costs	386,071	364,709	319,631	262,500	249,414	212,000	206,833	204,726	202,089	98,656	95,916	62,834	64,508	61,949	59,199
Number Of Employees	9	9	8	7	7	6	6	6	6	3	3	2	2	2	2
EBITDA*	-98,090	32,209	196,722	162,992	111,866	78,251	39,003	42,540	-4,031	34,911	85,312	-54,849	-52,163	-47,014	345,451

* Earnings Before Interest, Tax, Depreciation and Amortisation

	Apr 2024	Apr 2023	Apr 2022	Apr 2021	Apr 2020	Apr 2019	Apr 2018	Apr 2017	Apr 2016	Apr 2015	Apr 2014	Apr 2013	Apr 2012	Apr 2011	Apr 2010
Tangible Assets	38,413	47,131	53,617	67,603	63,969	69,581	82,081	57,081	38,581	38,881	39,181	39,481	39,781	40,081	41,831
Intangible Assets	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Investments & Other	307,133	273,678	278,499	0	0	0	0	0	0	0	0	0	0	0	0
Debtors (Due After 1 year)	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Total Fixed Assets	345,546	320,809	332,116	67,603	63,969	69,581	82,081	57,081	38,581	38,881	39,181	39,481	39,781	40,081	41,831
Stock & work in progress	101,107	108,028	184,533	98,548	63,654	72,439	81,874	45,092	40,143	42,748	43,810	48,680	35,858	46,009	47,443
Trade Debtors	127,028	134,929	188,781	270,961	155,808	133,175	98,000	137,274	116,914	106,943	126,223	94,712	76,719	86,196	90,446
Group Debtors	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Misc Debtors	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Cash	209,097	364,239	419,429	486,615	360,102	232,965	118,906	131,634	128,874	191,587	79,709	27,793	106,184	159,157	184,543
misc current assets	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
total current assets	437,232	607,196	792,743	856,124	579,564	438,579	298,780	314,000	285,931	341,278	249,742	171,185	218,761	291,362	322,432
total assets	782,778	928,005	1,124,859	923,727	643,533	508,160	380,861	371,081	324,512	380,159	288,923	210,666	258,542	331,443	364,263
Bank overdraft	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Bank loan	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Trade Creditors	155,870	187,433	371,152	424,827	261,864	205,836	132,864	145,059	129,161	181,278	118,273	107,388	100,450	121,551	106,466
Group/Directors Accounts	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
other short term finances	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
hp & lease commitments	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
other current liabilities	19,742	59,122	104,039	0	0	0	0	0	0	0	0	0	0	0	0
total current liabilities	175,612	246,555	475,191	424,827	261,864	205,836	132,864	145,059	129,161	181,278	118,273	107,388	100,450	121,551	106,466
loans	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
hp & lease commitments	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Accruals and Deferred Income	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
other liabilities	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
provisions	4,966	0	0	0	0	0	0	0	0	0	0	0	0	0	0
total long term liabilities	4,966	0	0	0	0	0	0	0	0	0	0	0	0	0	0
total liabilities	180,578	246,555	475,191	424,827	261,864	205,836	132,864	145,059	129,161	181,278	118,273	107,388	100,450	121,551	106,466
net assets	602,200	681,450	649,668	498,900	381,669	302,324	247,997	226,022	195,351	198,881	170,650	103,278	158,092	209,892	257,797
total shareholders funds	602,200	681,450	649,668	498,900	381,669	302,324	247,997	226,022	195,351	198,881	170,650	103,278	158,092	209,892	257,797

	Apr 2024	Apr 2023	Apr 2022	Apr 2021	Apr 2020	Apr 2019	Apr 2018	Apr 2017	Apr 2016	Apr 2015	Apr 2014	Apr 2013	Apr 2012	Apr 2011	Apr 2010
Operating Activities
Operating Profit	-106,808	25,723	182,736	144,306	97,660	65,751	26,503	37,540	-4,331	34,611	85,012	-55,149	-52,463	-48,764	343,701
Depreciation	8,718	6,486	13,986	18,686	14,206	12,500	12,500	5,000	300	300	300	300	300	1,750	1,750
Amortisation	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Tax	0	-10,594	-35,365	-27,499	-18,612	-12,743	-5,155	-7,194	0	-7,058	-17,909	0	0	0	-96,365
Stock	-6,921	-76,505	85,985	34,894	-8,785	-9,435	36,782	4,949	-2,605	-1,062	-4,870	12,822	-10,151	-1,434	47,443
Debtors	-7,901	-53,852	-82,180	115,153	22,633	35,175	-39,274	20,360	9,971	-19,280	31,511	17,993	-9,477	-4,250	90,446
Creditors	-31,563	-183,719	-53,675	162,963	56,028	72,972	-12,195	15,898	-52,117	63,005	10,885	6,938	-21,101	15,085	106,466
Accruals and Deferred Income	-39,380	-44,917	104,039	0	0	0	0	0	0	0	0	0	0	0	0
Deferred Taxes & Provisions	4,966	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Cash flow from operations	-149,245	-76,664	207,916	148,409	135,434	112,740	24,145	25,935	-63,514	111,200	51,647	-78,726	-53,636	-26,245	217,663
Investing Activities
capital expenditure	0	0	0	-22,320	-8,594	0	-37,500	-23,500	0	0	0	0	0	0	-43,581
Change in Investments	33,455	-4,821	278,499	0	0	0	0	0	0	0	0	0	0	0	0
cash flow from investments	-33,455	4,821	-278,499	-22,320	-8,594	0	-37,500	-23,500	0	0	0	0	0	0	-43,581
Financing Activities
Bank loans	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Group/Directors Accounts	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Other Short Term Loans	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Long term loans	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Hire Purchase and Lease Commitments	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
other long term liabilities	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
share issue	13,225	0	0	0	0	0	0	0	0	0	0	0	0	0	10,000
interest	14,333	16,653	3,398	423	297	1,320	626	326	801	678	269	335	663	859	461
cash flow from financing	27,558	16,653	3,398	423	297	1,320	626	326	801	678	269	335	663	859	10,461
cash and cash equivalents
cash	-155,142	-55,190	-67,186	126,513	127,137	114,059	-12,728	2,760	-62,713	111,878	51,916	-78,391	-52,973	-25,386	184,543
overdraft	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
change in cash	-155,142	-55,190	-67,186	126,513	127,137	114,059	-12,728	2,760	-62,713	111,878	51,916	-78,391	-52,973	-25,386	184,543

Very Low Risk70 - 100

Low Risk50 - 70

Moderate Risk30 - 50

High Risk20 - 30

Very High Risk0 - 20

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Perform a competitor analysis for wrights timber company limited by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other small companies, companies in TA9 area or any other competitors across 12 key performance metrics.

WRIGHTS TIMBER COMPANY LIMITED group structure

Wrights Timber Company Limited has no subsidiary companies.

Ultimate parent company

WRIGHTS TIMBER COMPANY LIMITED

02801598

WRIGHTS TIMBER COMPANY LIMITED Shareholders

matthew christopher wright	35%
christopher malcolm wright	30%
k. wright	25%
samantha jayne booth	5%
victoria joanne hicks	5%

Wrights Timber Company Limited currently has 2 directors. The longest serving directors include Mr Christopher Wright (Mar 2013) and Mr Matthew Wright (Apr 2019).

officer	country	age	start	end	role
Mr Christopher Wright		64 years	Mar 2013	-	Director
Mr Matthew Wright		32 years	Apr 2019	-	Director

P&L

April 2024

turnover

1.6m

-5%

operating profit

-106.8k

gross margin

24.5%

+10.11%

turnover

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

Balance Sheet

April 2024

net assets

602.2k

-0.12%

total assets

782.8k

-0.16%

cash

209.1k

-0.43%

net assets

Total assets minus all liabilities

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company number

02801598

Type

Private limited with Share Capital

industry

46730 - Wholesale of wood, construction materials and sanitary equipment

incorporation date

March 1993

ultimate parent company

None

previous names

N/A

address

the causeway, mark, near highbridge, somerset, TA9 4QF

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 2 charges/mortgages relating to wrights timber company limited. Currently there are 0 open charges and 2 have been satisfied in the past.

wrights timber company limited Company Information

wrights timber company limited Estimated Valuation

wrights timber company limited Estimated Valuation

wrights timber company limited Estimated Valuation

Wrights Timber Company Limited Overview

Wrights Timber Company Limited Health Check

WRIGHTS TIMBER COMPANY LIMITED financials

wrights timber company limited Credit Report and Business Information

Wrights Timber Company Limited Competitor Analysis

wrights timber company limited Ownership

wrights timber company limited directors

wrights timber company limited company details

wrights timber company limited Charges & Mortgages

wrights timber company limited Companies House Filings - See Documents