w. b. clarke & sons limited

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w. b. clarke & sons limited Company Information

Share W. B. CLARKE & SONS LIMITED

Company Number

03579465

Shareholders

mr michael david clarke

mrs patricia anne clarke

Group Structure

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Industry

Retail sale of meat and meat products in specialised stores

 

Registered Address

shorrock house 1 faraday court, fulwood, preston, lancashire, PR2 9NB

w. b. clarke & sons limited Estimated Valuation

£70k

Pomanda estimates the enterprise value of W. B. CLARKE & SONS LIMITED at £70k based on a Turnover of £190.5k and 0.37x industry multiple (adjusted for size and gross margin).

w. b. clarke & sons limited Estimated Valuation

£0

Pomanda estimates the enterprise value of W. B. CLARKE & SONS LIMITED at £0 based on an EBITDA of £-17.5k and a 2.4x industry multiple (adjusted for size and gross margin).

w. b. clarke & sons limited Estimated Valuation

£23.5k

Pomanda estimates the enterprise value of W. B. CLARKE & SONS LIMITED at £23.5k based on Net Assets of £6.7k and 3.48x industry multiple (adjusted for liquidity).

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W. B. Clarke & Sons Limited Overview

W. B. Clarke & Sons Limited is a live company located in preston, PR2 9NB with a Companies House number of 03579465. It operates in the retail sale of meat and meat products in specialised stores sector, SIC Code 47220. Founded in June 1998, it's largest shareholder is mr michael david clarke with a 50% stake. W. B. Clarke & Sons Limited is a mature, micro sized company, Pomanda has estimated its turnover at £190.5k with declining growth in recent years.

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W. B. Clarke & Sons Limited Health Check

Pomanda's financial health check has awarded W. B. Clarke & Sons Limited a 2 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 7 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating2out of 5
positive_score

1 Strong

positive_score

4 Regular

positive_score

7 Weak

size

Size

annual sales of £190.5k, make it smaller than the average company (£1.4m)

£190.5k - W. B. Clarke & Sons Limited

£1.4m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -1%, show it is growing at a slower rate (6.2%)

-1% - W. B. Clarke & Sons Limited

6.2% - Industry AVG

production

Production

with a gross margin of 15.4%, this company has a higher cost of product (21%)

15.4% - W. B. Clarke & Sons Limited

21% - Industry AVG

profitability

Profitability

an operating margin of -9.6% make it less profitable than the average company (4.4%)

-9.6% - W. B. Clarke & Sons Limited

4.4% - Industry AVG

employees

Employees

with 5 employees, this is below the industry average (9)

5 - W. B. Clarke & Sons Limited

9 - Industry AVG

paystructure

Pay Structure

on an average salary of £25.4k, the company has an equivalent pay structure (£25.4k)

£25.4k - W. B. Clarke & Sons Limited

£25.4k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £38.1k, this is less efficient (£148.4k)

£38.1k - W. B. Clarke & Sons Limited

£148.4k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 17 days, this is near the average (19 days)

17 days - W. B. Clarke & Sons Limited

19 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 46 days, this is slower than average (23 days)

46 days - W. B. Clarke & Sons Limited

23 days - Industry AVG

stockdays

Stock Days

it holds stock equivalent to 11 days, this is in line with average (9 days)

11 days - W. B. Clarke & Sons Limited

9 days - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 25 weeks, this is average cash available to meet short term requirements (27 weeks)

25 weeks - W. B. Clarke & Sons Limited

27 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 76%, this is a higher level of debt than the average (61.3%)

76% - W. B. Clarke & Sons Limited

61.3% - Industry AVG

W. B. CLARKE & SONS LIMITED financials

EXPORTms excel logo

W. B. Clarke & Sons Limited's latest turnover from March 2024 is estimated at £190.5 thousand and the company has net assets of £6.7 thousand. According to their latest financial statements, W. B. Clarke & Sons Limited has 5 employees and maintains cash reserves of £10.1 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
Turnover190,526195,875240,573198,498247,209350,646361,699365,342323,098411,207515,818620,035572,022635,158581,225
Other Income Or Grants
Cost Of Sales161,227168,512211,791171,491211,139298,525306,149306,019267,270340,697407,049500,814477,889510,065487,995
Gross Profit29,30027,36328,78227,00736,07052,12155,55059,32355,82870,510108,769119,22194,132125,09393,230
Admin Expenses47,63335,05629,00332,42747,44634,70242,02193,57546,33124,331103,808127,85384,757145,23451,159
Operating Profit-18,333-7,693-221-5,420-11,37617,41913,529-34,2529,49746,1794,961-8,6329,375-20,14142,071
Interest Payable
Interest Receivable9301,005190249136658123811610778113
Pre-Tax Profit-17,403-6,688-31-5,397-11,36717,43213,595-34,1949,62046,2594,977-8,6229,453-20,06042,085
Tax-3,312-2,583-1,924-9,714-1,145-2,458-11,784
Profit After Tax-17,403-6,688-31-5,397-11,36714,12011,012-34,1947,69636,5453,832-8,6226,995-20,06030,301
Dividends Paid
Retained Profit-17,403-6,688-31-5,397-11,36714,12011,012-34,1947,69636,5453,832-8,6226,995-20,06030,301
Employee Costs126,970119,585139,356117,161180,972185,553158,736158,72246,45841,45643,15740,71440,89061,66539,942
Number Of Employees556577772222232
EBITDA*-17,474-7,08382627-4,21627,73229,763-19,60931,60867,67533,04517,39229,338-1,28355,230

* Earnings Before Interest, Tax, Depreciation and Amortisation

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Tangible Assets4,2072,1178094595,00610,31618,82922,39451,56860,56367,07591,59195,05443,06516,039
Intangible Assets1,5003,0004,5006,0007,5009,00010,50012,00013,50015,00016,500
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets4,2072,1178094596,50613,31623,32928,39459,06869,56377,575103,591108,55458,06532,539
Stock & work in progress4,8813,8254,6035,0084,1624,7185,5596,3217,0369,1596,9787,4127,0504,9966,354
Trade Debtors8,96513,96231,78228,29835,75881,60062,72338,91337,57834,44438,48452,77749,23750,85865,909
Group Debtors
Misc Debtors
Cash10,08425,34621,94828,65818,3493,48823,07723,06226,0946,296203,97327,0075,336
misc current assets
total current assets23,93043,13358,33361,96458,26986,31871,77068,31167,67669,69751,75860,20960,26082,86177,599
total assets28,13745,25059,14262,42364,77599,63495,09996,705126,744139,260129,333163,800168,814140,926110,138
Bank overdraft
Bank loan
Trade Creditors 20,59720,70428,15631,47327,56448,66949,05965,99556,75274,719102,963126,059137,371122,49679,835
Group/Directors Accounts
other short term finances
hp & lease commitments5,5112,989
other current liabilities
total current liabilities20,59720,70428,15631,47327,56448,66954,57068,98456,75274,719102,963126,059137,371122,49679,835
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities1,3783,4447472,9893,8581,23111,931
provisions799402154879511,9603,5784,47910,31411,69012,69117,19414,2058,187
total long term liabilities799402154879513,3387,0225,22613,30315,54813,92229,12514,2058,187
total liabilities21,39621,10628,31031,56028,51552,00761,59274,21070,05590,267116,885155,184151,576130,68379,835
net assets6,74124,14430,83230,86336,26047,62733,50722,49556,68948,99312,4488,61617,23810,24330,303
total shareholders funds6,74124,14430,83230,86336,26047,62733,50722,49556,68948,99312,4488,61617,23810,24330,303
Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Operating Activities
Operating Profit-18,333-7,693-221-5,420-11,37617,41913,529-34,2529,49746,1794,961-8,6329,375-20,14142,071
Depreciation8596103034,5475,6608,81314,73413,14320,61119,99626,58424,52418,46317,35811,659
Amortisation1,5001,5001,5001,5001,5001,5001,5001,5001,5001,5001,5001,500
Tax-3,312-2,583-1,924-9,714-1,145-2,458-11,784
Stock1,056-778-405846-556-841-762-715-2,1232,181-4343622,054-1,3586,354
Debtors-4,997-17,8203,484-7,460-45,84218,87723,8101,3353,134-4,040-14,2933,540-1,621-15,05165,909
Creditors-107-7,452-3,3173,909-21,105-390-16,9369,243-17,967-28,244-23,096-11,31214,87542,66179,835
Accruals and Deferred Income
Deferred Taxes & Provisions39724867-864-1,009-1,618-901-5,835-1,376-1,001-4,5032,9896,0188,187
Cash flow from operations-13,2434,311-6,24710,28620,0684,376-13,705-16,8219,33030,57519,0285,16747,34065,97451,018
Investing Activities
capital expenditure-2,949-1,918-653-350-300-11,16916,031-11,616-13,484-2,068-21,061-70,452-44,384-45,698
Change in Investments
cash flow from investments-2,949-1,918-653-350-300-11,16916,031-11,616-13,484-2,068-21,061-70,452-44,384-45,698
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments-5,5112,5222,989
other long term liabilities-1,378-2,0662,697-2,242-8692,627-10,70011,931
share issue2
interest9301,005190249136658123811610778113
cash flow from financing9301,00519024-1,369-7,5645,285805-7462,708-10,68411,941778115
cash and cash equivalents
cash-15,2623,398-6,71010,30918,349-3,488-19,58915-3,03219,7986,276-3,953-23,03421,6715,336
overdraft
change in cash-15,2623,398-6,71010,30918,349-3,488-19,58915-3,03219,7986,276-3,953-23,03421,6715,336

w. b. clarke & sons 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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W. B. Clarke & Sons Limited Competitor Analysis

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Perform a competitor analysis for w. b. clarke & sons limited by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other micro companies, companies in PR2 area or any other competitors across 12 key performance metrics.

w. b. clarke & sons limited Ownership

W. B. CLARKE & SONS LIMITED group structure

W. B. Clarke & Sons Limited has no subsidiary companies.

Ultimate parent company

W. B. CLARKE & SONS LIMITED

03579465

W. B. CLARKE & SONS LIMITED Shareholders

mr michael david clarke 50%
mrs patricia anne clarke 50%

w. b. clarke & sons limited directors

W. B. Clarke & Sons Limited currently has 2 directors. The longest serving directors include Mrs Patricia Clarke (Jun 1998) and Mr Michael Clarke (Jun 1998).

officercountryagestartendrole
Mrs Patricia ClarkeEngland68 years Jun 1998- Director
Mr Michael ClarkeUnited Kingdom67 years Jun 1998- Director

P&L

March 2024

turnover

190.5k

-3%

operating profit

-18.3k

0%

gross margin

15.4%

+10.09%

turnover

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

Balance Sheet

March 2024

net assets

6.7k

-0.72%

total assets

28.1k

-0.38%

cash

10.1k

-0.6%

net assets

Total assets minus all liabilities

w. b. clarke & sons limited company details

company number

03579465

Type

Private limited with Share Capital

industry

47220 - Retail sale of meat and meat products in specialised stores

incorporation date

June 1998

age

27

incorporated

UK

ultimate parent company

None

accounts

Unaudited Abridged

last accounts submitted

March 2024

previous names

red lion meats limited (July 2001)

accountant

RUSHTONS

auditor

-

address

shorrock house 1 faraday court, fulwood, preston, lancashire, PR2 9NB

Bank

-

Legal Advisor

-

w. b. clarke & sons 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 w. b. clarke & sons limited.

w. b. clarke & sons 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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w. b. clarke & sons limited Companies House Filings - See Documents

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