wheatley m & e services limited Company Information
Company Number
03371035
Next Accounts
Dec 2025
Shareholders
nigel paul wheatley
dawn louise wheatley
Group Structure
View All
Industry
Plumbing, heat and air-conditioning installation
+1Registered Address
lotherton court, lotherton way, garforth, leeds, LS25 2JY
Website
www.wheatleys.netwheatley m & e services limited Estimated Valuation
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
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
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


4 Strong

3 Regular

5 Weak

Size
annual sales of £1.9m, make it larger than the average company (£1.4m)
- Wheatley M & E Services Limited
£1.4m - Industry AVG

Growth
3 year (CAGR) sales growth of -19%, show it is growing at a slower rate (11.6%)
- Wheatley M & E Services Limited
11.6% - Industry AVG

Production
with a gross margin of 27.6%, this company has a comparable cost of product (27.6%)
- Wheatley M & E Services Limited
27.6% - Industry AVG

Profitability
an operating margin of 0% make it less profitable than the average company (6.2%)
- Wheatley M & E Services Limited
6.2% - Industry AVG

Employees
with 28 employees, this is above the industry average (11)
28 - Wheatley M & E Services Limited
11 - Industry AVG

Pay Structure
on an average salary of £38.9k, the company has an equivalent pay structure (£38.9k)
- Wheatley M & E Services Limited
£38.9k - Industry AVG

Efficiency
resulting in sales per employee of £67k, this is less efficient (£132.9k)
- Wheatley M & E Services Limited
£132.9k - Industry AVG

Debtor Days
it gets paid by customers after 6 days, this is earlier than average (54 days)
- Wheatley M & E Services Limited
54 days - Industry AVG

Creditor Days
its suppliers are paid after 78 days, this is slower than average (44 days)
- Wheatley M & E Services Limited
44 days - Industry AVG

Stock Days
it holds stock equivalent to 57 days, this is more than average (11 days)
- Wheatley M & E Services Limited
11 days - Industry AVG

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

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

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 House, Pomanda Estimates
Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Turnover | |||||||||||||||
Other Income Or Grants | |||||||||||||||
Cost Of Sales | |||||||||||||||
Gross Profit | |||||||||||||||
Admin Expenses | |||||||||||||||
Operating Profit | |||||||||||||||
Interest Payable | |||||||||||||||
Interest Receivable | |||||||||||||||
Pre-Tax Profit | |||||||||||||||
Tax | |||||||||||||||
Profit After Tax | |||||||||||||||
Dividends Paid | |||||||||||||||
Retained Profit | |||||||||||||||
Employee Costs | |||||||||||||||
Number Of Employees | 28 | 24 | 30 | 30 | 32 | 36 | 34 | 30 | 26 | ||||||
EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Tangible Assets | 22,756 | 18,455 | 56,680 | 76,607 | 18,736 | 30,678 | 24,818 | 24,830 | 33,962 | 15,226 | 48,699 | 54,698 | 56,253 | 62,801 | 77,139 |
Intangible Assets | 57,000 | 114,000 | 171,000 | 228,000 | |||||||||||
Investments & Other | 1,110 | 1,110 | 1,110 | 1,110 | 1,110 | 1,110 | 1,110 | 1,110 | 1,110 | 1,110 | 1,110 | 1,110 | 1,110 | 1,110 | 1,110 |
Debtors (Due After 1 year) | |||||||||||||||
Total Fixed Assets | 23,866 | 19,565 | 57,790 | 77,717 | 19,846 | 31,788 | 25,928 | 25,940 | 35,072 | 16,336 | 49,809 | 112,808 | 171,363 | 234,911 | 306,249 |
Stock & work in progress | 215,650 | 81,110 | 78,550 | 156,220 | 57,663 | 42,441 | 43,641 | 42,441 | 32,115 | 31,104 | 28,224 | 5,783 | 3,840 | 3,290 | 4,253 |
Trade Debtors | 31,393 | 160,963 | 140,642 | 381,446 | 205,987 | 2,263,304 | 384,815 | 82,586 | 243,441 | 1,296,259 | 865,073 | 1,325,659 | 846,224 | 534,774 | 1,236,678 |
Group Debtors | |||||||||||||||
Misc Debtors | 1,479,252 | 560,165 | 539,791 | 1,547,254 | 1,574,366 | 1,530,771 | 357,797 | 957,917 | 276,829 | ||||||
Cash | 356,505 | 467,152 | 323,469 | 684,843 | 1,287,152 | 1,043,913 | 774,991 | 1,302,579 | 20,979 | 321,585 | 173,445 | 431,848 | 558,362 | 555,677 | 860,787 |
misc current assets | |||||||||||||||
total current assets | 2,082,800 | 1,269,390 | 1,082,452 | 2,769,763 | 3,125,168 | 4,880,429 | 1,561,244 | 2,385,523 | 573,364 | 1,648,948 | 1,066,742 | 1,763,290 | 1,408,426 | 1,093,741 | 2,101,718 |
total assets | 2,106,666 | 1,288,955 | 1,140,242 | 2,847,480 | 3,145,014 | 4,912,217 | 1,587,172 | 2,411,463 | 608,436 | 1,665,284 | 1,116,551 | 1,876,098 | 1,579,789 | 1,328,652 | 2,407,967 |
Bank overdraft | |||||||||||||||
Bank loan | |||||||||||||||
Trade Creditors | 291,728 | 380,084 | 179,600 | 905,108 | 1,122,274 | 1,585,848 | 400,422 | 1,149,081 | 204,943 | 1,425,313 | 886,071 | 1,651,657 | 1,315,643 | 1,070,977 | 1,804,872 |
Group/Directors Accounts | 1,210 | 1,210 | 1,210 | 1,210 | 1,210 | 1,210 | 1,210 | 1,210 | 1,210 | ||||||
other short term finances | |||||||||||||||
hp & lease commitments | |||||||||||||||
other current liabilities | 1,121,710 | 232,134 | 433,392 | 1,450,092 | 878,067 | 2,191,337 | 845,899 | 953,385 | 161,133 | ||||||
total current liabilities | 1,414,648 | 613,428 | 614,202 | 2,356,410 | 2,001,551 | 3,778,395 | 1,247,531 | 2,103,676 | 367,286 | 1,425,313 | 886,071 | 1,651,657 | 1,315,643 | 1,070,977 | 1,804,872 |
loans | |||||||||||||||
hp & lease commitments | |||||||||||||||
Accruals and Deferred Income | |||||||||||||||
other liabilities | |||||||||||||||
provisions | 1,873 | ||||||||||||||
total long term liabilities | 1,873 | ||||||||||||||
total liabilities | 1,414,648 | 613,428 | 614,202 | 2,356,410 | 2,001,551 | 3,780,268 | 1,247,531 | 2,103,676 | 367,286 | 1,425,313 | 886,071 | 1,651,657 | 1,315,643 | 1,070,977 | 1,804,872 |
net assets | 692,018 | 675,527 | 526,040 | 491,070 | 1,143,463 | 1,131,949 | 339,641 | 307,787 | 241,150 | 239,971 | 230,480 | 224,441 | 264,146 | 257,675 | 603,095 |
total shareholders funds | 692,018 | 675,527 | 526,040 | 491,070 | 1,143,463 | 1,131,949 | 339,641 | 307,787 | 241,150 | 239,971 | 230,480 | 224,441 | 264,146 | 257,675 | 603,095 |
Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Operating Activities | |||||||||||||||
Operating Profit | |||||||||||||||
Depreciation | 7,900 | 7,795 | 26,334 | 15,488 | 14,404 | 13,473 | 10,400 | 13,055 | 13,518 | 10,364 | 25,122 | 24,293 | 22,791 | 27,416 | 30,988 |
Amortisation | 57,000 | 57,000 | 57,000 | 57,000 | |||||||||||
Tax | |||||||||||||||
Stock | 134,540 | 2,560 | -77,670 | 98,557 | 15,222 | -1,200 | 1,200 | 10,326 | 1,011 | 2,880 | 22,441 | 1,943 | 550 | -963 | 4,253 |
Debtors | 789,517 | 40,695 | -1,248,267 | 148,347 | -2,013,722 | 3,051,463 | -297,891 | 520,233 | -775,989 | 431,186 | -460,586 | 479,435 | 311,450 | -701,904 | 1,236,678 |
Creditors | -88,356 | 200,484 | -725,508 | -217,166 | -463,574 | 1,185,426 | -748,659 | 944,138 | -1,220,370 | 539,242 | -765,586 | 336,014 | 244,666 | -733,895 | 1,804,872 |
Accruals and Deferred Income | 889,576 | -201,258 | -1,016,700 | 572,025 | -1,313,270 | 1,345,438 | -107,486 | 792,252 | 161,133 | ||||||
Deferred Taxes & Provisions | -1,873 | 1,873 | |||||||||||||
Cash flow from operations | |||||||||||||||
Investing Activities | |||||||||||||||
capital expenditure | |||||||||||||||
Change in Investments | 1,110 | ||||||||||||||
cash flow from investments | |||||||||||||||
Financing Activities | |||||||||||||||
Bank loans | |||||||||||||||
Group/Directors Accounts | 1,210 | ||||||||||||||
Other Short Term Loans | |||||||||||||||
Long term loans | |||||||||||||||
Hire Purchase and Lease Commitments | |||||||||||||||
other long term liabilities | |||||||||||||||
share issue | |||||||||||||||
interest | |||||||||||||||
cash flow from financing | |||||||||||||||
cash and cash equivalents | |||||||||||||||
cash | -110,647 | 143,683 | -361,374 | -602,309 | 243,239 | 268,922 | -527,588 | 1,281,600 | -300,606 | 148,140 | -258,403 | -126,514 | 2,685 | -305,110 | 860,787 |
overdraft | |||||||||||||||
change in cash | -110,647 | 143,683 | -361,374 | -602,309 | 243,239 | 268,922 | -527,588 | 1,281,600 | -300,606 | 148,140 | -258,403 | -126,514 | 2,685 | -305,110 | 860,787 |
wheatley m & e services limited Credit Report and Business Information
Wheatley M & E Services Limited Competitor Analysis

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 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).
officer | country | age | start | end | role |
---|---|---|---|---|---|
Mr Nigel Wheatley | United Kingdom | 59 years | Dec 1997 | - | Director |
Mrs Dawn Downie | 54 years | Jul 2005 | - | Director |
P&L
March 2024turnover
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 2024net 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
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
date | description | view/download |
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