wheatley m & e services limited

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wheatley m & e services limited Company Information

Share WHEATLEY M & E SERVICES LIMITED

Company Number

03371035

Shareholders

nigel paul wheatley

dawn louise wheatley

Group Structure

View All

Industry

Plumbing, heat and air-conditioning installation

 +1

Registered Address

lotherton court, lotherton way, garforth, leeds, LS25 2JY

wheatley m & e services limited Estimated Valuation

£860.3k

Pomanda estimates the enterprise value of WHEATLEY M & E SERVICES LIMITED at £860.3k based on a Turnover of £1.9m and 0.46x industry multiple (adjusted for size and gross margin).

wheatley m & e services limited Estimated Valuation

£35.6k

Pomanda estimates the enterprise value of WHEATLEY M & E SERVICES LIMITED at £35.6k based on an EBITDA of £8.3k and a 4.3x industry multiple (adjusted for size and gross margin).

wheatley m & e services limited Estimated Valuation

£1.8m

Pomanda estimates the enterprise value of WHEATLEY M & E SERVICES LIMITED at £1.8m based on Net Assets of £692k and 2.64x industry multiple (adjusted for liquidity).

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Wheatley M & E Services Limited Overview

Wheatley M & E Services Limited is a live company located in garforth, LS25 2JY with a Companies House number of 03371035. It operates in the electrical installation sector, SIC Code 43210. Founded in May 1997, it's largest shareholder is nigel paul wheatley with a 75% stake. Wheatley M & E Services Limited is a mature, small sized company, Pomanda has estimated its turnover at £1.9m with declining growth in recent years.

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Wheatley M & E Services Limited Health Check

Pomanda's financial health check has awarded Wheatley M & E Services Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 5 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating3out of 5
positive_score

4 Strong

positive_score

3 Regular

positive_score

5 Weak

size

Size

annual sales of £1.9m, make it larger than the average company (£1.4m)

£1.9m - Wheatley M & E Services Limited

£1.4m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -19%, show it is growing at a slower rate (11.6%)

-19% - Wheatley M & E Services Limited

11.6% - Industry AVG

production

Production

with a gross margin of 27.6%, this company has a comparable cost of product (27.6%)

27.6% - Wheatley M & E Services Limited

27.6% - Industry AVG

profitability

Profitability

an operating margin of 0% make it less profitable than the average company (6.2%)

0% - Wheatley M & E Services Limited

6.2% - Industry AVG

employees

Employees

with 28 employees, this is above the industry average (11)

28 - Wheatley M & E Services Limited

11 - Industry AVG

paystructure

Pay Structure

on an average salary of £38.9k, the company has an equivalent pay structure (£38.9k)

£38.9k - Wheatley M & E Services Limited

£38.9k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £67k, this is less efficient (£132.9k)

£67k - Wheatley M & E Services Limited

£132.9k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 6 days, this is earlier than average (54 days)

6 days - Wheatley M & E Services Limited

54 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 78 days, this is slower than average (44 days)

78 days - Wheatley M & E Services Limited

44 days - Industry AVG

stockdays

Stock Days

it holds stock equivalent to 57 days, this is more than average (11 days)

57 days - Wheatley M & E Services Limited

11 days - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 13 weeks, this is less cash available to meet short term requirements (22 weeks)

13 weeks - Wheatley M & E Services Limited

22 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 67.2%, this is a similar level of debt than the average (62%)

67.2% - Wheatley M & E Services Limited

62% - Industry AVG

WHEATLEY M & E SERVICES LIMITED financials

EXPORTms excel logo

Wheatley M & E Services Limited's latest turnover from March 2024 is estimated at £1.9 million and the company has net assets of £692 thousand. According to their latest financial statements, Wheatley M & E Services Limited has 28 employees and maintains cash reserves of £356.5 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Turnover1,876,7541,893,1641,602,8053,560,6183,371,5799,484,1662,671,0242,909,7431,871,1327,496,2224,961,6888,239,1205,718,1254,053,8998,383,483
Other Income Or Grants
Cost Of Sales1,358,8821,384,9181,158,3212,580,7272,405,0506,550,2401,837,6271,967,5291,255,9724,991,9573,249,3705,277,4973,635,2852,471,4705,047,410
Gross Profit517,872508,246444,484979,891966,5282,933,926833,398942,214615,1602,504,2661,712,3172,961,6232,082,8401,582,4293,336,073
Admin Expenses517,505340,495405,0921,633,270953,4791,962,589799,266860,572614,5432,493,4901,705,9873,003,8042,076,8801,931,3902,535,454
Operating Profit367167,75139,392-653,37913,049971,33734,13281,64261710,7766,330-42,1815,960-348,961800,619
Interest Payable
Interest Receivable21,62116,8013,7819861,1666,8215,1941,6548561,2381,5132,4762,7853,5412,152
Pre-Tax Profit21,988184,55243,173-652,39314,215978,15839,32683,2961,47412,0147,843-39,7058,745-345,420802,771
Tax-5,497-35,065-8,203-2,701-185,850-7,472-16,659-295-2,523-1,804-2,274-224,776
Profit After Tax16,491149,48734,970-652,39311,514792,30831,85466,6371,1799,4916,039-39,7056,471-345,420577,995
Dividends Paid
Retained Profit16,491149,48734,970-652,39311,514792,30831,85466,6371,1799,4916,039-39,7056,471-345,420577,995
Employee Costs1,090,537908,7111,111,6811,078,5881,207,2031,347,8031,233,0991,099,304975,1011,936,2701,312,0612,121,1321,628,6661,271,2202,644,360
Number Of Employees282430303236343026523660463777
EBITDA*8,267175,54665,726-637,89127,453984,81044,53294,69714,13521,14088,45239,11285,751-264,545831,607

* Earnings Before Interest, Tax, Depreciation and Amortisation

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Tangible Assets22,75618,45556,68076,60718,73630,67824,81824,83033,96215,22648,69954,69856,25362,80177,139
Intangible Assets57,000114,000171,000228,000
Investments & Other1,1101,1101,1101,1101,1101,1101,1101,1101,1101,1101,1101,1101,1101,1101,110
Debtors (Due After 1 year)
Total Fixed Assets23,86619,56557,79077,71719,84631,78825,92825,94035,07216,33649,809112,808171,363234,911306,249
Stock & work in progress215,65081,11078,550156,22057,66342,44143,64142,44132,11531,10428,2245,7833,8403,2904,253
Trade Debtors31,393160,963140,642381,446205,9872,263,304384,81582,586243,4411,296,259865,0731,325,659846,224534,7741,236,678
Group Debtors
Misc Debtors1,479,252560,165539,7911,547,2541,574,3661,530,771357,797957,917276,829
Cash356,505467,152323,469684,8431,287,1521,043,913774,9911,302,57920,979321,585173,445431,848558,362555,677860,787
misc current assets
total current assets2,082,8001,269,3901,082,4522,769,7633,125,1684,880,4291,561,2442,385,523573,3641,648,9481,066,7421,763,2901,408,4261,093,7412,101,718
total assets2,106,6661,288,9551,140,2422,847,4803,145,0144,912,2171,587,1722,411,463608,4361,665,2841,116,5511,876,0981,579,7891,328,6522,407,967
Bank overdraft
Bank loan
Trade Creditors 291,728380,084179,600905,1081,122,2741,585,848400,4221,149,081204,9431,425,313886,0711,651,6571,315,6431,070,9771,804,872
Group/Directors Accounts1,2101,2101,2101,2101,2101,2101,2101,2101,210
other short term finances
hp & lease commitments
other current liabilities1,121,710232,134433,3921,450,092878,0672,191,337845,899953,385161,133
total current liabilities1,414,648613,428614,2022,356,4102,001,5513,778,3951,247,5312,103,676367,2861,425,313886,0711,651,6571,315,6431,070,9771,804,872
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions1,873
total long term liabilities1,873
total liabilities1,414,648613,428614,2022,356,4102,001,5513,780,2681,247,5312,103,676367,2861,425,313886,0711,651,6571,315,6431,070,9771,804,872
net assets692,018675,527526,040491,0701,143,4631,131,949339,641307,787241,150239,971230,480224,441264,146257,675603,095
total shareholders funds692,018675,527526,040491,0701,143,4631,131,949339,641307,787241,150239,971230,480224,441264,146257,675603,095
Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Operating Activities
Operating Profit367167,75139,392-653,37913,049971,33734,13281,64261710,7766,330-42,1815,960-348,961800,619
Depreciation7,9007,79526,33415,48814,40413,47310,40013,05513,51810,36425,12224,29322,79127,41630,988
Amortisation57,00057,00057,00057,000
Tax-5,497-35,065-8,203-2,701-185,850-7,472-16,659-295-2,523-1,804-2,274-224,776
Stock134,5402,560-77,67098,55715,222-1,2001,20010,3261,0112,88022,4411,943550-9634,253
Debtors789,51740,695-1,248,267148,347-2,013,7223,051,463-297,891520,233-775,989431,186-460,586479,435311,450-701,9041,236,678
Creditors-88,356200,484-725,508-217,166-463,5741,185,426-748,659944,138-1,220,370539,242-765,586336,014244,666-733,8951,804,872
Accruals and Deferred Income889,576-201,258-1,016,700572,025-1,313,2701,345,438-107,486792,252161,133
Deferred Taxes & Provisions-1,8731,873
Cash flow from operations-120,06796,452-358,748-529,936244,535281,434-522,3941,283,869-270,419123,793-240,793-106,25216,143-295,5731,170,772
Investing Activities
capital expenditure-12,20130,430-6,407-73,359-2,462-19,333-10,388-3,923-32,25423,109-19,123-22,738-16,243-13,078-336,127
Change in Investments1,110
cash flow from investments-12,20130,430-6,407-73,359-2,462-19,333-10,388-3,923-32,25423,109-19,123-22,738-16,243-13,078-337,237
Financing Activities
Bank loans
Group/Directors Accounts1,210
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
share issue25,100
interest21,62116,8013,7819861,1666,8215,1941,6548561,2381,5132,4762,7853,5412,152
cash flow from financing21,62116,8013,7819861,1666,8215,1941,6542,0661,2381,5132,4762,7853,54127,252
cash and cash equivalents
cash-110,647143,683-361,374-602,309243,239268,922-527,5881,281,600-300,606148,140-258,403-126,5142,685-305,110860,787
overdraft
change in cash-110,647143,683-361,374-602,309243,239268,922-527,5881,281,600-300,606148,140-258,403-126,5142,685-305,110860,787

wheatley m & e services limited Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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Wheatley M & E Services Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for wheatley m & e services limited by selecting its closest rivals, whether from the CONSTRUCTION sector, other small companies, companies in LS25 area or any other competitors across 12 key performance metrics.

wheatley m & e services limited Ownership

WHEATLEY M & E SERVICES LIMITED group structure

Wheatley M & E Services Limited has 1 subsidiary company.

Ultimate parent company

WHEATLEY M & E SERVICES LIMITED

03371035

1 subsidiary

WHEATLEY M & E SERVICES LIMITED Shareholders

nigel paul wheatley 75%
dawn louise wheatley 25%

wheatley m & e services limited directors

Wheatley M & E Services Limited currently has 2 directors. The longest serving directors include Mr Nigel Wheatley (Dec 1997) and Mrs Dawn Downie (Jul 2005).

officercountryagestartendrole
Mr Nigel WheatleyUnited Kingdom59 years Dec 1997- Director
Mrs Dawn Downie54 years Jul 2005- Director

P&L

March 2024

turnover

1.9m

-1%

operating profit

367

0%

gross margin

27.6%

+2.78%

turnover

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

Balance Sheet

March 2024

net assets

692k

+0.02%

total assets

2.1m

+0.63%

cash

356.5k

-0.24%

net assets

Total assets minus all liabilities

wheatley m & e services limited company details

company number

03371035

Type

Private limited with Share Capital

industry

43220 - Plumbing, heat and air-conditioning installation

43210 - Electrical installation

incorporation date

May 1997

age

28

incorporated

UK

ultimate parent company

None

accounts

Total Exemption Full

last accounts submitted

March 2024

previous names

N/A

accountant

-

auditor

-

address

lotherton court, lotherton way, garforth, leeds, LS25 2JY

Bank

-

Legal Advisor

-

wheatley m & e services 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 did not find charges/mortgages relating to wheatley m & e services limited.

wheatley m & e services 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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wheatley m & e services limited Companies House Filings - See Documents

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