welcome break group limited

Live MatureMegaHigh

welcome break group limited Company Information

Share WELCOME BREAK GROUP LIMITED

Company Number

03147949

Directors

David Love

Surinder Toor

View All

Shareholders

welcome break holdings 1 ltd

Group Structure

View All

Industry

Unlicensed restaurants and cafes

 +3

Registered Address

2 vantage court, tickford street, newport pagnell, buckinghamshire, MK16 9EZ

welcome break group limited Estimated Valuation

£371.2m

Pomanda estimates the enterprise value of WELCOME BREAK GROUP LIMITED at £371.2m based on a Turnover of £294.8m and 1.26x industry multiple (adjusted for size and gross margin).

welcome break group limited Estimated Valuation

£116.6m

Pomanda estimates the enterprise value of WELCOME BREAK GROUP LIMITED at £116.6m based on an EBITDA of £13.8m and a 8.44x industry multiple (adjusted for size and gross margin).

welcome break group limited Estimated Valuation

£18.9m

Pomanda estimates the enterprise value of WELCOME BREAK GROUP LIMITED at £18.9m based on Net Assets of £8.1m and 2.33x industry multiple (adjusted for liquidity).

Edit your figures and get a professional valuation report.

Welcome Break Group Limited Overview

Welcome Break Group Limited is a live company located in newport pagnell, MK16 9EZ with a Companies House number of 03147949. It operates in the retail sale in non-specialised stores with food, beverages or tobacco predominating sector, SIC Code 47110. Founded in January 1996, it's largest shareholder is welcome break holdings 1 ltd with a 100% stake. Welcome Break Group Limited is a mature, mega sized company, Pomanda has estimated its turnover at £294.8m with high growth in recent years.

View Sample
View Sample
View Sample

Upgrade for unlimited company reports & a free credit check

Welcome Break Group Limited Health Check

Pomanda's financial health check has awarded Welcome Break Group Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 4 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating3.5out of 5
positive_score

4 Strong

positive_score

4 Regular

positive_score

4 Weak

size

Size

annual sales of £294.8m, make it larger than the average company (£9.5m)

£294.8m - Welcome Break Group Limited

£9.5m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 20%, show it is growing at a faster rate (10.9%)

20% - Welcome Break Group Limited

10.9% - Industry AVG

production

Production

with a gross margin of 34.2%, this company has a comparable cost of product (40.9%)

34.2% - Welcome Break Group Limited

40.9% - Industry AVG

profitability

Profitability

an operating margin of 2.4% make it less profitable than the average company (4.1%)

2.4% - Welcome Break Group Limited

4.1% - Industry AVG

employees

Employees

with 1937 employees, this is above the industry average (70)

1937 - Welcome Break Group Limited

70 - Industry AVG

paystructure

Pay Structure

on an average salary of £21.8k, the company has an equivalent pay structure (£18.2k)

£21.8k - Welcome Break Group Limited

£18.2k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £152.2k, this is equally as efficient (£161.5k)

£152.2k - Welcome Break Group Limited

£161.5k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 19 days, this is later than average (5 days)

19 days - Welcome Break Group Limited

5 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 86 days, this is slower than average (32 days)

86 days - Welcome Break Group Limited

32 days - Industry AVG

stockdays

Stock Days

it holds stock equivalent to 10 days, this is in line with average (10 days)

10 days - Welcome Break Group Limited

10 days - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 5 weeks, this is less cash available to meet short term requirements (20 weeks)

5 weeks - Welcome Break Group Limited

20 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 98.9%, this is a higher level of debt than the average (67.2%)

98.9% - Welcome Break Group Limited

67.2% - Industry AVG

WELCOME BREAK GROUP LIMITED financials

EXPORTms excel logo

Welcome Break Group Limited's latest turnover from December 2023 is £294.8 million and the company has net assets of £8.1 million. According to their latest financial statements, Welcome Break Group Limited has 1,937 employees and maintains cash reserves of £37 million as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Jan 2018Jan 2017Jan 2016Jan 2015Jan 2014Jan 2013Jan 2012Jan 2011Jan 2010
Turnover294,808,000302,432,000237,475,000168,946,000238,972,000220,073,000231,274,000227,305,000220,480,000210,064,000197,803,000196,545,000196,807,000183,951,000163,127,000
Other Income Or Grants
Cost Of Sales194,018,000209,716,000160,132,000120,012,000155,117,000145,418,000155,542,000175,017,000172,240,000166,229,000122,315,808120,032,753119,450,095110,906,644101,012,995
Gross Profit100,790,00092,716,00077,343,00048,934,00083,855,00074,655,00075,732,00052,288,00048,240,00043,835,00075,487,19276,512,24777,356,90573,044,35662,114,005
Admin Expenses93,726,00091,536,00072,155,00061,765,00074,410,00077,204,00073,543,00040,514,00039,696,00037,985,00072,593,19273,295,24770,926,90568,302,35659,744,005
Operating Profit7,064,0001,180,0005,188,000-12,831,0009,445,000-2,549,0002,189,00011,774,0008,544,0005,850,0002,894,0003,217,0006,430,0004,742,0002,370,000
Interest Payable14,307,00013,381,00012,859,00013,002,00015,758,00014,521,00016,406,00013,768,00011,992,00013,247,00012,935,00010,664,00018,865,00019,248,00019,696,000
Interest Receivable513,0001,416,00034,00035,000155,000121,00049,00016,071,00015,842,00015,756,00063,000163,000142,00083,00050,000
Pre-Tax Profit44,352,00025,261,00068,039,000-25,629,00030,364,0003,868,0004,549,000204,734,00012,919,0008,972,000-9,460,000-6,745,000-11,827,000-14,019,000-16,817,000
Tax-404,0002,314,000-3,556,0004,108,0001,174,0001,759,0006,126,000-2,106,000-6,121,000-3,124,000-1,275,000-2,959,000151,000799,0002,565,000
Profit After Tax43,948,00027,575,00064,483,000-21,521,00031,538,0005,627,00010,675,000202,628,0006,798,0005,848,000-10,735,000-9,704,000-11,676,000-13,220,000-14,252,000
Dividends Paid26,138,00021,235,00033,190,000560,337,000
Retained Profit43,948,00027,575,00064,483,000-21,521,0005,400,000-15,608,000-22,515,000-357,709,0006,798,000158,000-10,735,000-9,704,000-11,676,000-13,220,000-14,252,000
Employee Costs42,219,00040,525,00031,405,00031,032,00033,801,00031,427,00031,913,00030,127,00027,210,00025,151,00022,264,00021,510,00020,554,00020,305,00018,756,000
Number Of Employees1,9371,6831,3801,4181,5661,5691,4921,4971,4281,2961,1901,1941,1591,2101,041
EBITDA*13,821,00010,506,00010,314,000-6,782,00013,992,0003,279,0007,260,00016,990,00013,897,00010,066,0008,094,0006,475,0009,601,0008,278,0006,404,000

* Earnings Before Interest, Tax, Depreciation and Amortisation

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Jan 2018Jan 2017Jan 2016Jan 2015Jan 2014Jan 2013Jan 2012Jan 2011Jan 2010
Tangible Assets75,030,00073,223,00065,017,00061,728,00062,891,00054,162,00051,568,00053,818,00054,698,00052,221,00051,007,00050,871,00050,514,00051,405,00050,025,000
Intangible Assets2,503,0002,445,0002,651,0002,975,0003,472,0003,112,0003,357,000
Investments & Other399,799,000399,799,000399,799,000400,358,000401,136,000399,799,000401,683,000399,799,000400,264,000399,799,000399,799,000399,799,000399,799,000399,799,000399,799,000
Debtors (Due After 1 year)10,670,0001,109,0003,817,0002,248,0003,343,0003,769,000413,215,000397,557,000381,899,000381,899,000456,890,000456,890,000456,890,000
Total Fixed Assets477,332,000486,137,000468,576,000468,878,000469,747,000460,416,000460,377,000453,617,000868,177,000849,577,000832,705,000832,569,000907,203,000908,094,000906,714,000
Stock & work in progress5,380,0004,341,0003,935,0003,263,0003,648,0003,335,0003,239,0002,962,0002,592,0002,279,0002,349,0002,211,0002,272,0001,943,0002,147,000
Trade Debtors15,691,00017,104,00011,408,00012,221,0006,181,0004,608,0009,781,0007,005,0006,196,0006,922,0008,411,0006,492,0006,184,0006,570,0006,466,000
Group Debtors157,899,000149,819,000136,601,000190,000,000190,000,000190,000,000190,000,000190,000,000
Misc Debtors12,811,0005,967,0004,644,0007,888,0009,597,0007,929,0005,094,0003,835,0003,327,0003,049,0002,672,0002,272,0005,150,0004,396,0003,922,000
Cash36,980,00049,483,000104,966,00072,964,00028,704,00027,847,00028,579,00035,477,00047,095,00034,150,00030,824,00028,102,00026,076,00022,717,00019,102,000
misc current assets6,931,0003,783,0001,546,000
total current assets235,692,000230,497,000263,100,000286,336,000238,130,000233,719,000236,693,000239,279,00059,210,00046,400,00044,256,00039,077,00039,682,00035,626,00031,637,000
total assets713,024,000716,634,000731,676,000755,214,000707,877,000694,135,000697,070,000692,896,000927,387,000895,977,000876,961,000871,646,000946,885,000943,720,000938,351,000
Bank overdraft
Bank loan9,094,0009,094,0009,094,00034,494,000
Trade Creditors 46,008,00055,679,00047,068,00035,446,00027,714,00027,315,00023,411,00019,890,00018,694,00018,499,00021,474,00017,014,00016,900,00016,769,00013,839,000
Group/Directors Accounts240,963,000243,284,000278,109,000348,634,000327,203,000332,273,000330,719,000321,137,000296,176,000276,137,000258,447,000247,961,000222,073,000202,235,000187,067,000
other short term finances1,114,0001,114,0001,114,0008,847,0008,847,0008,847,0008,847,0008,847,0008,847,0008,847,000
hp & lease commitments
other current liabilities36,058,00036,875,00030,277,00020,202,00023,625,00018,255,00017,960,00018,652,00020,563,00020,423,00017,817,00015,309,00013,803,00013,300,00015,001,000
total current liabilities332,123,000344,932,000364,548,000438,776,000378,542,000378,957,000373,204,000360,793,000344,280,000323,906,000306,585,000289,131,000261,623,000241,151,000224,754,000
loans357,333,000348,068,000339,630,000337,369,000327,340,000317,707,000309,413,000294,005,000191,983,000187,327,000189,174,000190,558,000283,571,000289,148,000286,965,000
hp & lease commitments
Accruals and Deferred Income
other liabilities10,531,0008,250,0005,790,0003,152,000
provisions4,934,0003,536,0001,447,000440,000535,000286,000290,000310,000350,000285,000273,000293,000323,000377,000368,000
total long term liabilities372,798,000359,854,000346,867,000340,961,000327,875,000318,094,000309,703,000298,233,000192,333,000188,601,000189,447,000190,851,000283,894,000289,525,000287,333,000
total liabilities704,921,000704,786,000711,415,000779,737,000706,417,000697,051,000682,907,000659,026,000536,613,000512,507,000496,032,000479,982,000545,517,000530,676,000512,087,000
net assets8,103,00011,848,00020,261,000-24,523,0001,460,000-2,916,00014,163,00033,870,000390,774,000383,470,000380,929,000391,664,000401,368,000413,044,000426,264,000
total shareholders funds8,103,00011,848,00020,261,000-24,523,0001,460,000-2,916,00014,163,00033,870,000390,774,000383,470,000380,929,000391,664,000401,368,000413,044,000426,264,000
Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Jan 2018Jan 2017Jan 2016Jan 2015Jan 2014Jan 2013Jan 2012Jan 2011Jan 2010
Operating Activities
Operating Profit7,064,0001,180,0005,188,000-12,831,0009,445,000-2,549,0002,189,00011,774,0008,544,0005,850,0002,894,0003,217,0006,430,0004,742,0002,370,000
Depreciation6,270,0008,824,0003,994,0005,301,0004,280,0005,583,0005,021,0005,216,0005,353,0004,216,0005,200,0003,258,0003,171,0003,536,0004,034,000
Amortisation487,000502,0001,132,000748,000267,000245,00050,000
Tax-404,0002,314,000-3,556,0004,108,0001,174,0001,759,0006,126,000-2,106,000-6,121,000-3,124,000-1,275,000-2,959,000151,000799,0002,565,000
Stock1,039,000406,000672,000-385,000313,000373,000277,000370,000313,000-70,000138,000-61,000329,000-204,0002,147,000
Debtors2,841,00029,798,000-60,164,0005,900,0002,146,0005,040,0007,804,000-221,898,00015,210,00014,546,0002,319,000-77,561,000368,000578,000467,278,000
Creditors-9,671,0008,611,00011,622,0007,732,000399,0007,425,0003,521,0001,196,000195,000-2,975,0004,460,000114,000131,0002,930,00013,839,000
Accruals and Deferred Income-817,0006,598,00010,075,000-3,423,0005,370,000-397,000-692,000-1,911,000140,0002,606,0002,508,0001,506,000503,000-1,701,00015,001,000
Deferred Taxes & Provisions1,398,0002,089,0001,007,000-95,000249,000-24,000-20,000-40,00065,00012,000-20,000-30,000-54,0009,000368,000
Cash flow from operations447,000-86,00088,954,000-3,975,00018,725,0006,629,0008,114,000235,657,000-7,347,000-7,891,00011,310,00082,728,0009,635,0009,941,000-431,248,000
Investing Activities
capital expenditure-8,622,000-17,326,000-8,091,000-4,389,000-13,636,000-9,284,000-6,178,000-4,336,000-7,830,000-5,430,000-5,336,000-3,615,000-2,280,000-4,916,000-54,059,000
Change in Investments-559,000-778,0001,337,0001,884,000-465,000465,000399,799,000
cash flow from investments-8,622,000-17,326,000-7,532,000-3,611,000-14,973,000-9,284,000-8,062,000-3,871,000-8,295,000-5,430,000-5,336,000-3,615,000-2,280,000-4,916,000-453,858,000
Financing Activities
Bank loans-25,400,00034,494,000
Group/Directors Accounts-2,321,000-34,825,000-70,525,00021,431,000-5,070,00011,136,0009,582,00024,961,00020,039,00017,690,00010,486,00025,888,00019,838,00015,168,000187,067,000
Other Short Term Loans -1,114,000-7,733,0008,847,000
Long term loans9,265,0008,438,0002,261,00010,029,0009,633,00023,702,00015,408,000102,022,0004,656,000-1,847,000-1,384,000-93,013,000-5,577,0002,183,000286,965,000
Hire Purchase and Lease Commitments
other long term liabilities2,281,0002,460,0002,638,0003,152,000
share issue-47,693,000-35,988,000-19,699,000-4,462,000-1,024,000-21,178,0002,808,000805,000506,0002,383,000440,516,000
interest-13,794,000-11,965,000-12,825,000-12,967,000-15,603,000-14,400,000-16,357,0002,303,0003,850,0002,509,000-12,872,000-10,501,000-18,723,000-19,165,000-19,646,000
cash flow from financing-52,262,000-71,880,000-123,550,00051,677,000-13,178,000-740,00011,441,000122,358,00029,051,00020,735,000-3,770,000-77,626,000-4,462,000-1,814,000903,749,000
cash and cash equivalents
cash-12,503,000-55,483,00032,002,00044,260,000857,000-7,630,000-6,898,000-11,618,00012,945,0003,326,0002,722,0002,026,0003,359,0003,615,00019,102,000
overdraft
change in cash-12,503,000-55,483,00032,002,00044,260,000857,000-7,630,000-6,898,000-11,618,00012,945,0003,326,0002,722,0002,026,0003,359,0003,615,00019,102,000

welcome break group 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 welcome break group limited. Get real-time insights into welcome break group limited's credit score, group structure and payment trends.

From as little as £6.99

This will not impact your credit rating!

View Credit Report Sample

Welcome Break Group Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for welcome break group 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 MK16 area or any other competitors across 12 key performance metrics.

welcome break group limited directors

Welcome Break Group Limited currently has 6 directors. The longest serving directors include Mr David Love (Sep 2009) and Mr Surinder Toor (May 2017).

officercountryagestartendrole
Mr David LoveUnited Kingdom60 years Sep 2009- Director
Mr Surinder ToorEngland53 years May 2017- Director
Mr Charles HazelwoodUnited Kingdom61 years May 2017- Director
Mr Niall DolanEngland51 years Oct 2018- Director
Mr John DivineyEngland46 years Nov 2018- Director
Mr Joseph BarrettIreland58 years Nov 2018- Director

P&L

December 2023

turnover

294.8m

-3%

operating profit

7.1m

+499%

gross margin

34.2%

+11.52%

turnover

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

Balance Sheet

December 2023

net assets

8.1m

-0.32%

total assets

713m

-0.01%

cash

37m

-0.25%

net assets

Total assets minus all liabilities

welcome break group limited company details

company number

03147949

Type

Private limited with Share Capital

industry

56102 - Unlicensed restaurants and cafes

47110 - Retail sale in non-specialised stores with food, beverages or tobacco predominating

47300 - Retail sale of automotive fuel in specialised stores

incorporation date

January 1996

age

29

incorporated

UK

ultimate parent company

APPIA GROUP LTD

accounts

Full Accounts

last accounts submitted

December 2023

previous names

welcome break limited (May 1997)

forte motorway services limited (November 1996)

accountant

-

auditor

DELOITTE LLP

address

2 vantage court, tickford street, newport pagnell, buckinghamshire, MK16 9EZ

Bank

-

Legal Advisor

-

welcome break group 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 29 charges/mortgages relating to welcome break group limited. Currently there are 4 open charges and 25 have been satisfied in the past.

welcome break group 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 WELCOME BREAK GROUP LIMITED. This can take several minutes, an email will notify you when this has completed.

welcome break group limited Companies House Filings - See Documents

datedescriptionview/download