Pomanda estimates the enterprise value of WITT & SON UK HOLDINGS LIMITED at £21.3m based on a Turnover of £24m and 0.89x industry multiple (adjusted for size and gross margin).
witt & son uk holdings limitedEstimated Valuation
£5.6m
Pomanda estimates the enterprise value of WITT & SON UK HOLDINGS LIMITED at £5.6m based on an EBITDA of £903.7k and a 6.14x industry multiple (adjusted for size and gross margin).
witt & son uk holdings limitedEstimated Valuation
£14.5m
Pomanda estimates the enterprise value of WITT & SON UK HOLDINGS LIMITED at £14.5m based on Net Assets of £7.4m and 1.96x industry multiple (adjusted for liquidity).
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Witt & Son Uk Holdings LimitedOverview
Witt & Son Uk Holdings Limited is a live company located in halifax, HX3 7BJ with a Companies House number of 02814797. It operates in the manufacture of other special-purpose machinery n.e.c. sector, SIC Code 28990. Founded in May 1993, it's largest shareholder is
mr karsten christian witt
with a 40% stake. Witt & Son Uk Holdings Limited is a mature,
large sized company, Pomanda has estimated its turnover at
£24m with
healthy
growth in recent years.
Pomanda's financial health check has awarded Witt & Son Uk Holdings Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 4 areas for improvement. Company Health Check FAQs
Health Rating3.5out of 5
5 Strong
3 Regular
4 Weak
Size
annual sales of £24m, make it larger than the average company (£12.5m)
£24m - Witt & Son Uk Holdings Limited
£12.5m - Industry AVG
Growth
3 year (CAGR) sales growth of 9%, show it is growing at a faster rate (5.3%)
9% - Witt & Son Uk Holdings Limited
5.3% - Industry AVG
Production
with a gross margin of 38.1%, this company has a lower cost of product (30.7%)
38.1% - Witt & Son Uk Holdings Limited
30.7% - Industry AVG
Profitability
an operating margin of 2.3% make it less profitable than the average company (6.1%)
2.3% - Witt & Son Uk Holdings Limited
6.1% - Industry AVG
Employees
with 149 employees, this is above the industry average (66)
149 - Witt & Son Uk Holdings Limited
66 - Industry AVG
Pay Structure
on an average salary of £55.5k, the company has an equivalent pay structure (£51.9k)
£55.5k - Witt & Son Uk Holdings Limited
£51.9k - Industry AVG
Efficiency
resulting in sales per employee of £161.4k, this is equally as efficient (£187.1k)
£161.4k - Witt & Son Uk Holdings Limited
£187.1k - Industry AVG
Debtor Days
it gets paid by customers after 88 days, this is later than average (58 days)
88 days - Witt & Son Uk Holdings Limited
58 days - Industry AVG
Creditor Days
its suppliers are paid after 107 days, this is slower than average (42 days)
107 days - Witt & Son Uk Holdings Limited
42 days - Industry AVG
Stock Days
it holds stock equivalent to 71 days, this is in line with average (88 days)
71 days - Witt & Son Uk Holdings Limited
88 days - Industry AVG
Cash Balance
has cash to cover current liabilities
for 7 weeks, this is less cash available to meet short term requirements (13 weeks)
7 weeks - Witt & Son Uk Holdings Limited
13 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 59.6%, this is a higher level of debt than the average (48.5%)
59.6% - Witt & Son Uk Holdings Limited
48.5% - Industry AVG
WITT & SON UK HOLDINGS LIMITED financials
EXPORT
Witt & Son Uk Holdings Limited's latest turnover from December 2023 is £24 million and the company has net assets of £7.4 million. According to their latest financial statements, Witt & Son Uk Holdings Limited has 149 employees and maintains cash reserves of £1.4 million as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Dec 2023
Dec 2022
Dec 2021
Dec 2020
Dec 2019
Dec 2018
Dec 2017
Dec 2016
Dec 2015
Dec 2014
Dec 2013
Dec 2012
Dec 2011
Dec 2010
Dec 2009
Turnover
24,049,646
21,945,532
18,182,030
18,396,066
21,465,122
18,866,005
18,959,806
18,946,080
13,999,129
16,814,646
14,596,757
13,233,701
14,152,879
12,828,784
15,949,933
Other Income Or Grants
Cost Of Sales
14,887,754
13,823,715
11,085,359
12,245,907
14,342,368
12,062,304
12,241,616
11,927,795
8,862,527
11,185,272
9,051,267
8,959,586
9,464,242
7,704,268
9,817,832
Gross Profit
9,161,892
8,121,817
7,096,671
6,150,159
7,122,754
6,803,701
6,718,190
7,018,285
5,136,602
5,629,374
5,545,490
4,274,115
4,688,637
5,124,516
6,132,101
Admin Expenses
8,613,112
6,916,391
6,782,779
6,223,816
6,358,855
5,966,774
5,370,524
5,381,416
4,817,168
5,293,265
5,015,625
3,811,319
4,010,457
3,923,544
5,486,469
Operating Profit
548,780
1,205,426
313,892
-73,657
763,899
836,927
1,347,666
1,636,869
319,434
336,109
529,865
462,796
678,180
1,200,972
645,632
Interest Payable
126,218
93,314
97,527
113,409
92,618
103,783
122,523
127,580
137,899
116,579
122,865
83,556
139,017
142,440
113,705
Interest Receivable
351,897
155,029
21,229
20,602
17,769
20,644
20,480
16,235
15,115
38,484
663
1,600
3,224
24,164
11,187
Pre-Tax Profit
774,459
1,267,141
387,554
59,165
828,850
937,332
1,534,012
1,668,884
258,214
399,467
598,557
490,505
709,464
1,221,880
631,558
Tax
-187,096
-252,805
-77,119
11,158
-162,391
-255,531
-307,107
-176,676
-50,638
-52,914
-16,439
-85,163
-121,689
-178,405
-130,194
Profit After Tax
587,363
1,014,336
310,435
70,323
666,459
681,801
1,226,905
1,492,208
207,576
346,553
582,118
405,342
587,775
1,043,475
501,364
Dividends Paid
376,481
955,451
464,921
622,454
949,432
1,320,476
1,068,650
160,000
180,000
200,000
200,000
Retained Profit
210,882
58,885
-154,486
-552,131
-282,973
-638,675
158,255
1,332,208
27,576
146,553
382,118
405,342
587,775
1,043,475
501,364
Employee Costs
8,269,243
8,016,883
6,815,036
6,917,387
6,856,787
6,290,770
6,177,913
5,743,042
5,427,385
5,477,399
5,401,703
4,567,672
5,171,700
4,364,799
4,198,261
Number Of Employees
149
134
121
119
126
121
120
115
117
118
103
95
103
98
97
EBITDA*
903,684
1,525,014
706,350
181,548
1,018,450
1,041,262
1,541,424
1,977,219
535,961
537,085
748,855
623,335
851,324
1,346,679
801,701
* Earnings Before Interest, Tax, Depreciation and Amortisation
Dec 2023
Dec 2022
Dec 2021
Dec 2020
Dec 2019
Dec 2018
Dec 2017
Dec 2016
Dec 2015
Dec 2014
Dec 2013
Dec 2012
Dec 2011
Dec 2010
Dec 2009
Tangible Assets
3,394,641
3,155,552
3,540,576
3,222,344
3,332,846
3,318,396
2,965,162
2,970,359
3,046,787
3,577,752
5,342,705
4,640,193
4,701,084
3,260,977
2,692,174
Intangible Assets
45,556
61,615
10,591
14,266
17,941
21,615
25,290
28,965
32,640
36,315
39,990
43,665
47,340
51,015
54,690
Investments & Other
323,622
309,993
285,682
292,982
276,210
280,696
267,845
311,431
240,406
229,610
265,780
264,397
140,774
167,663
257,178
Debtors (Due After 1 year)
2,382,360
2,327,357
Total Fixed Assets
6,146,179
5,854,517
3,836,849
3,529,592
3,626,997
3,620,707
3,258,297
3,310,755
3,319,833
3,843,677
5,648,475
4,948,255
4,889,198
3,479,655
3,004,042
Stock & work in progress
2,906,331
2,863,269
2,253,122
1,713,050
1,792,904
1,621,139
1,510,897
1,623,941
1,134,633
1,672,035
1,362,758
986,378
1,060,147
1,238,100
1,145,003
Trade Debtors
5,817,748
4,396,841
3,502,380
4,184,256
3,716,318
4,895,134
3,560,411
4,099,636
4,101,589
3,613,134
4,267,003
2,714,268
2,899,315
2,514,338
2,632,473
Group Debtors
137,017
4,463
1,003
34,257
Misc Debtors
1,976,295
2,091,540
2,909,491
2,545,291
2,346,200
2,740,666
2,892,318
2,716,366
1,976,036
2,037,470
392,770
525,956
506,329
352,525
283,810
Cash
1,382,296
1,200,394
1,458,127
1,758,085
1,931,315
2,177,285
3,221,554
3,284,118
2,056,055
1,379,984
984,211
2,111,290
1,139,386
1,945,133
1,549,685
misc current assets
total current assets
12,082,670
10,552,044
10,123,120
10,200,682
9,786,737
11,434,224
11,185,180
11,724,061
9,268,313
8,702,623
7,143,759
6,342,355
5,606,180
6,050,096
5,645,228
total assets
18,228,849
16,406,561
13,959,969
13,730,274
13,413,734
15,054,931
14,443,477
15,034,816
12,588,146
12,546,300
12,792,234
11,290,610
10,495,378
9,529,751
8,649,270
Bank overdraft
673,242
463,482
150,508
51,302
177,297
17
67,744
69,395
Bank loan
63,439
59,605
55,852
464,074
50,407
Trade Creditors
4,367,788
4,107,257
3,412,402
3,325,551
2,699,322
4,159,083
2,958,906
3,222,322
3,278,589
3,175,101
3,045,012
2,121,045
1,668,188
1,913,957
2,228,198
Group/Directors Accounts
682,141
767,429
579,776
36,109
34,140
10,082
243,842
386,764
171,515
276,183
495,234
683,240
742,890
642,472
836,904
other short term finances
140,750
136,593
132,560
95,078
hp & lease commitments
66,031
165,291
83,324
130,087
106,594
101,695
44,788
110,456
104,206
44,280
25,692
12,754
15,058
24,686
52,306
other current liabilities
3,414,238
2,744,509
1,876,887
1,925,567
1,710,086
1,560,468
1,560,419
1,339,812
905,964
1,037,971
870,355
996,905
1,016,334
1,108,243
1,125,710
total current liabilities
9,203,440
8,247,968
6,102,897
5,468,616
4,727,439
5,831,328
4,807,972
5,200,104
4,664,611
4,735,490
4,594,810
3,873,549
3,498,322
4,153,432
4,293,525
loans
931,920
918,555
867,494
835,618
753,188
717,860
925,112
1,896,660
1,986,594
2,084,603
2,211,866
1,853,686
1,898,492
864,683
1,245,482
hp & lease commitments
444,305
202,092
135,033
209,978
239,959
320,186
50,988
83,329
113,080
75,358
50,521
32,659
35,462
19,311
19,084
Accruals and Deferred Income
other liabilities
86,154
254,636
418,143
576,821
730,814
880,260
provisions
275,876
177,879
124,012
127,422
142,338
133,075
99,096
76,708
55,864
46,708
22,783
11,298
9,029
12,583
6,953
total long term liabilities
1,652,101
1,384,680
1,381,175
1,591,161
1,712,306
1,901,935
1,955,456
2,056,697
2,155,538
2,206,669
2,285,170
1,897,643
1,942,983
896,577
1,271,519
total liabilities
10,855,541
9,632,648
7,484,072
7,059,777
6,439,745
7,733,263
6,763,428
7,256,801
6,820,149
6,942,159
6,879,980
5,771,192
5,441,305
5,050,009
5,565,044
net assets
7,373,308
6,773,913
6,475,897
6,670,497
6,973,989
7,321,668
7,680,049
7,778,015
5,767,997
5,604,141
5,640,662
5,249,275
4,778,875
4,212,472
3,084,226
total shareholders funds
7,373,308
6,773,913
6,475,897
6,670,497
6,973,989
7,321,668
7,680,049
7,778,015
5,767,997
5,604,141
5,640,662
5,249,275
4,778,875
4,212,472
3,084,226
Dec 2023
Dec 2022
Dec 2021
Dec 2020
Dec 2019
Dec 2018
Dec 2017
Dec 2016
Dec 2015
Dec 2014
Dec 2013
Dec 2012
Dec 2011
Dec 2010
Dec 2009
Operating Activities
Operating Profit
548,780
1,205,426
313,892
-73,657
763,899
836,927
1,347,666
1,636,869
319,434
336,109
529,865
462,796
678,180
1,200,972
645,632
Depreciation
338,845
308,689
388,783
251,530
250,877
200,660
190,083
336,675
212,852
197,301
215,315
156,864
169,469
142,032
152,394
Amortisation
16,059
10,899
3,675
3,675
3,674
3,675
3,675
3,675
3,675
3,675
3,675
3,675
3,675
3,675
3,675
Tax
-187,096
-252,805
-77,119
11,158
-162,391
-255,531
-307,107
-176,676
-50,638
-52,914
-16,439
-85,163
-121,689
-178,405
-130,194
Stock
43,062
610,147
540,072
-79,854
171,765
110,242
-113,044
489,308
-537,402
309,277
376,380
-73,769
-177,953
93,097
1,145,003
Debtors
1,360,665
2,403,867
-317,676
667,029
-1,573,282
1,183,071
-363,273
738,377
427,021
853,814
1,552,103
-161,960
539,784
-83,677
2,950,540
Creditors
260,531
694,855
86,851
626,229
-1,459,761
1,200,177
-263,416
-56,267
103,488
130,089
923,967
452,857
-245,769
-314,241
2,228,198
Accruals and Deferred Income
669,729
867,622
-48,680
215,481
149,618
49
220,607
433,848
-132,007
167,616
-126,550
-19,429
-91,909
-17,467
1,125,710
Deferred Taxes & Provisions
97,997
53,867
-3,410
-14,916
9,263
33,979
22,388
20,844
9,156
23,925
11,485
2,269
-3,554
5,630
6,953
Cash flow from operations
341,118
-125,461
441,596
432,325
956,696
726,623
1,690,213
971,283
576,341
-357,290
-387,165
1,209,598
26,572
832,776
-63,175
Investing Activities
capital expenditure
-368,061
127,936
-104,403
473,464
1,364,156
-860,344
-159,593
-1,596,131
-446,923
-1,076,587
Change in Investments
13,629
24,311
-7,300
16,772
-4,486
12,851
-43,586
71,025
10,796
-36,170
1,383
123,623
-26,889
-89,515
257,178
cash flow from investments
-13,629
-24,311
7,300
-16,772
4,486
-380,912
171,522
-175,428
462,668
1,400,326
-861,727
-283,216
-1,569,242
-357,408
-1,333,765
Financing Activities
Bank loans
-63,439
3,834
3,753
-408,222
413,667
50,407
Group/Directors Accounts
-85,288
187,653
543,667
1,969
24,058
-233,760
-142,922
215,249
-104,668
-219,051
-188,006
-59,650
100,418
-194,432
836,904
Other Short Term Loans
-140,750
4,157
4,033
37,482
95,078
Long term loans
13,365
51,061
31,876
82,430
35,328
-207,252
-971,548
-89,934
-98,009
-127,263
358,180
-44,806
1,033,809
-380,799
1,245,482
Hire Purchase and Lease Commitments
142,953
149,026
-121,708
-6,488
-75,328
326,105
-98,009
-23,501
97,648
43,425
30,800
-5,107
6,523
-27,393
71,390
other long term liabilities
-86,154
-168,482
-163,507
-158,678
-153,993
-149,446
880,260
share issue
388,513
239,131
-40,114
248,639
-64,706
280,294
-256,221
677,810
136,280
-183,074
9,269
65,058
-21,372
84,771
2,582,862
interest
225,679
61,715
-76,298
-92,807
-74,849
-83,139
-102,043
-111,345
-122,784
-78,095
-122,202
-81,956
-135,793
-118,276
-102,518
cash flow from financing
599,068
520,104
173,916
75,065
-309,490
-67,198
-831,233
672,436
-87,500
-590,015
186,953
-122,708
575,363
-222,462
4,684,527
cash and cash equivalents
cash
181,902
-257,733
-299,958
-173,230
-245,970
-1,044,269
-62,564
1,228,063
676,071
395,773
-1,127,079
971,904
-805,747
395,448
1,549,685
overdraft
209,760
312,974
99,206
-125,995
177,297
-17
17
-67,744
-1,651
69,395
change in cash
-27,858
-570,707
-399,164
-47,235
-423,267
-1,044,252
-62,581
1,295,807
677,722
326,378
-1,127,079
971,904
-805,747
395,448
1,549,685
witt & son uk holdings 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 witt & son uk holdings limited. Get real-time insights into witt & son uk holdings limited's credit score, group structure and payment trends.
Witt & Son Uk Holdings Limited Competitor Analysis
Perform a competitor analysis for witt & son uk holdings limited by selecting its closest rivals, whether from the MANUFACTURING sector, other large companies, companies in HX3 area or any other competitors across 12 key performance metrics.
witt & son uk holdings limited Ownership
WITT & SON UK HOLDINGS LIMITED group structure
Witt & Son Uk Holdings Limited has 4 subsidiary companies.
The largest shareholders in Witt & Son Uk Holdings Limited include Mr Karsten Christian Witt and Dr Henrik Torsten Witt.
mr karsten christian witt
40%
dr henrik torsten witt
40%
wittson holding ag
20%
witt & son uk holdings limited directors
Witt & Son Uk Holdings Limited currently has 6 directors.
The longest serving directors include
Dr Henrik Witt (May 1993) and
Mr Karsten Witt (May 1993).
28990 - Manufacture of other special-purpose machinery n.e.c.
incorporation date
May 1993
age
32
incorporated
UK
ultimate parent company
None
accounts
Full Accounts
last accounts submitted
December 2023
previous names
witt & son uk limited (September 2005)
witt & sons uk limited (June 1993)
accountant
-
auditor
STREETS SPENSER WILSON (YORKSHIRE) LIMITED
address
witt house wade house road, shelf, halifax, west yorkshire, HX3 7BJ
Bank
HSBC BANK PLC
Legal Advisor
CHADWICK LAWRENCE
witt & son uk holdings 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 2 charges/mortgages relating to witt & son uk holdings limited. Currently there are 1 open charges and 1 have been satisfied in the past.
witt & son uk holdings 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.
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witt & son uk holdings limitedCompanies House Filings - See Documents
