Other engineering activities (not including engineering design for industrial process and production or engineering related scientific and technical consulting activities)
Registered Address
bridgeworks the causeway, thorney, peterborough, PE6 0QQ
Pomanda estimates the enterprise value of WIDESTRIPE ENGINEERING (UK) SERVICES LTD at £810.1k based on a Turnover of £2.2m and 0.36x industry multiple (adjusted for size and gross margin).
Pomanda estimates the enterprise value of WIDESTRIPE ENGINEERING (UK) SERVICES LTD at £84.9k based on an EBITDA of £29.7k and a 2.86x industry multiple (adjusted for size and gross margin).
Pomanda estimates the enterprise value of WIDESTRIPE ENGINEERING (UK) SERVICES LTD at £300.6k based on Net Assets of £147.1k and 2.04x industry multiple (adjusted for liquidity).
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Widestripe Engineering (uk) Services LtdOverview
Widestripe Engineering (uk) Services Ltd is a live company located in peterborough, PE6 0QQ with a Companies House number of 03588077. It operates in the other engineering activities sector, SIC Code 71129. Founded in June 1998, it's largest shareholder is
carolyn anne yaxley
with a 66.7% stake. Widestripe Engineering (uk) Services Ltd is a mature,
small sized company, Pomanda has estimated its turnover at
£2.2m with
declining
growth in recent years.
Widestripe Engineering (uk) Services Ltd Health Check
Pomanda's financial health check has awarded Widestripe Engineering (Uk) Services Ltd a 2 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 7 areas for improvement. Company Health Check FAQs
Health Rating2out of 5
2 Strong
1 Regular
7 Weak
Size
annual sales of £2.2m, make it smaller than the average company (£5.1m)
£2.2m - Widestripe Engineering (uk) Services Ltd
£5.1m - Industry AVG
Growth
3 year (CAGR) sales growth of -5%, show it is growing at a slower rate (8.2%)
-5% - Widestripe Engineering (uk) Services Ltd
8.2% - Industry AVG
Production
with a gross margin of 17.7%, this company has a higher cost of product (32.9%)
17.7% - Widestripe Engineering (uk) Services Ltd
32.9% - Industry AVG
Profitability
an operating margin of 1.3% make it less profitable than the average company (5.8%)
1.3% - Widestripe Engineering (uk) Services Ltd
5.8% - Industry AVG
Employees
with 9 employees, this is below the industry average (34)
9 - Widestripe Engineering (uk) Services Ltd
34 - Industry AVG
Pay Structure
on an average salary of £58k, the company has an equivalent pay structure (£58k)
£58k - Widestripe Engineering (uk) Services Ltd
£58k - Industry AVG
Efficiency
resulting in sales per employee of £248.2k, this is more efficient (£136.4k)
Widestripe Engineering (Uk) Services Ltd's latest turnover from December 2023 is estimated at £2.2 million and the company has net assets of £147.1 thousand. According to their latest financial statements, Widestripe Engineering (Uk) Services Ltd has 9 employees and maintains cash reserves of 0 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
2,233,927
2,154,252
2,324,070
2,589,217
2,442,290
3,221,579
3,106,518
2,505,260
2,395,051
1,644,769
1,034,535
1,000,573
931,971
919,008
Other Income Or Grants
Cost Of Sales
1,838,944
1,779,975
1,958,141
2,199,755
2,058,329
2,693,277
2,580,164
2,073,405
1,980,917
1,346,930
832,206
800,858
735,795
706,750
Gross Profit
394,984
374,277
365,930
389,462
383,960
528,302
526,354
431,855
414,133
297,839
202,328
199,715
196,175
212,258
Admin Expenses
365,312
357,494
360,257
425,104
380,398
510,350
453,076
435,746
386,223
270,613
241,518
123,500
192,915
209,952
-3,268
Operating Profit
29,672
16,783
5,673
-35,642
3,562
17,952
73,278
-3,891
27,910
27,226
-39,190
76,215
3,260
2,306
3,268
Interest Payable
Interest Receivable
1
100
114
17
173
171
Pre-Tax Profit
29,672
16,783
5,673
-35,642
3,562
17,952
73,278
-3,890
28,010
27,339
-39,173
76,388
3,431
2,306
3,268
Tax
-7,418
-3,189
-1,078
-677
-3,411
-13,923
-5,602
-5,741
-18,333
-892
-646
-915
Profit After Tax
22,254
13,594
4,595
-35,642
2,885
14,541
59,355
-3,890
22,408
21,598
-39,173
58,055
2,539
1,660
2,353
Dividends Paid
Retained Profit
22,254
13,594
4,595
-35,642
2,885
14,541
59,355
-3,890
22,408
21,598
-39,173
58,055
2,539
1,660
2,353
Employee Costs
522,029
510,919
485,899
455,627
512,810
822,347
781,102
591,329
496,087
349,016
238,182
227,879
221,031
208,828
Number Of Employees
9
9
9
9
10
16
16
12
10
7
5
5
5
5
EBITDA*
29,672
16,783
5,673
-35,642
3,562
17,952
73,278
-3,891
81,400
86,965
-7,032
117,933
45,860
38,707
44,725
* 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
101,960
80,838
107,133
142,484
179,365
115,174
117,970
131,761
160,472
179,217
96,476
125,152
127,800
109,201
137,417
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
101,960
80,838
107,133
142,484
179,365
115,174
117,970
131,761
160,472
179,217
96,476
125,152
127,800
109,201
137,417
Stock & work in progress
725
775
775
900
900
725
800
Trade Debtors
763,474
777,589
820,633
838,699
801,576
862,985
825,872
597,595
592,273
380,347
274,315
266,253
228,857
262,563
308,704
Group Debtors
Misc Debtors
Cash
432
39,688
5,754
999
68,240
misc current assets
total current assets
763,474
777,589
820,633
838,699
801,576
862,985
825,872
597,595
593,430
420,810
280,844
268,152
297,997
263,288
309,504
total assets
865,434
858,427
927,766
981,183
980,941
978,159
943,842
729,356
753,902
600,027
377,320
393,304
425,797
372,489
446,921
Bank overdraft
Bank loan
Trade Creditors
707,654
673,713
751,778
792,790
796,906
838,713
818,937
636,234
645,017
486,910
276,542
297,554
364,537
339,287
367,643
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
total current liabilities
707,654
673,713
751,778
792,790
796,906
838,713
818,937
636,234
645,017
486,910
276,542
297,554
364,537
339,287
367,643
loans
hp & lease commitments
Accruals and Deferred Income
27,572
other liabilities
10,648
59,836
64,704
81,704
41,704
11,870
41,643
59,450
17,399
40,964
15,034
64,292
provisions
27,572
24,439
15,891
13,741
13,741
14,152
12,630
total long term liabilities
10,648
59,836
64,704
81,704
41,704
27,572
39,442
66,082
75,341
31,140
54,705
29,186
76,922
total liabilities
718,302
733,549
816,482
874,494
838,610
838,713
818,937
663,806
684,459
552,992
351,883
328,694
419,242
368,473
444,565
net assets
147,132
124,878
111,284
106,689
142,331
139,446
124,905
65,550
69,443
47,035
25,437
64,610
6,555
4,016
2,356
total shareholders funds
147,132
124,878
111,284
106,689
142,331
139,446
124,905
65,550
69,443
47,035
25,437
64,610
6,555
4,016
2,356
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
29,672
16,783
5,673
-35,642
3,562
17,952
73,278
-3,891
27,910
27,226
-39,190
76,215
3,260
2,306
3,268
Depreciation
53,490
59,739
32,158
41,718
42,600
36,401
41,457
Amortisation
Tax
-7,418
-3,189
-1,078
-677
-3,411
-13,923
-5,602
-5,741
-18,333
-892
-646
-915
Stock
-725
-50
-125
175
-75
800
Debtors
-14,115
-43,044
-18,066
37,123
-61,409
37,113
228,277
5,322
211,926
106,032
8,062
37,396
-33,706
-46,141
308,704
Creditors
33,941
-78,065
-41,012
-4,116
-41,807
19,776
182,703
-8,783
158,107
210,368
-21,012
-66,983
25,250
-28,356
367,643
Accruals and Deferred Income
-27,572
27,572
Deferred Taxes & Provisions
-27,572
3,133
8,548
2,150
-411
1,522
12,630
Cash flow from operations
70,310
-21,427
-18,351
-76,881
22,487
-2,796
-13,791
-17,271
25,162
194,108
-33,831
-4,779
103,338
57,443
114,579
Investing Activities
capital expenditure
-21,122
26,295
35,351
36,881
-64,191
2,796
13,791
28,711
-34,745
-142,480
-3,482
-39,070
-61,199
-8,185
-178,874
Change in Investments
cash flow from investments
-21,122
26,295
35,351
36,881
-64,191
2,796
13,791
28,711
-34,745
-142,480
-3,482
-39,070
-61,199
-8,185
-178,874
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
-49,188
-4,868
-17,000
40,000
41,704
-11,870
-29,773
-17,807
42,051
-23,565
25,930
-49,258
64,292
share issue
-3
3
interest
1
100
114
17
173
171
cash flow from financing
-49,188
-4,868
-17,000
40,000
41,704
-11,872
-29,673
-17,693
42,068
-23,392
26,101
-49,258
64,295
cash and cash equivalents
cash
-432
-39,256
33,934
4,755
-67,241
68,240
overdraft
change in cash
-432
-39,256
33,934
4,755
-67,241
68,240
widestripe engineering (uk) services ltd 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 widestripe engineering (uk) services ltd. Get real-time insights into widestripe engineering (uk) services ltd's credit score, group structure and payment trends.
Perform a competitor analysis for widestripe engineering (uk) services ltd by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other small companies, companies in PE6 area or any other competitors across 12 key performance metrics.
widestripe engineering (uk) services ltd company details
company number
03588077
Type
Private limited with Share Capital
industry
71129 - Other engineering activities (not including engineering design for industrial process and production or engineering related scientific and technical consulting activities)
incorporation date
June 1998
age
27
incorporated
UK
ultimate parent company
None
accounts
Micro-Entity Accounts
last accounts submitted
December 2023
previous names
widestripe (uk) services ltd. (November 2006)
swift 2000 limited (February 1999)
accountant
-
auditor
-
address
bridgeworks the causeway, thorney, peterborough, PE6 0QQ
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 1 charges/mortgages relating to widestripe engineering (uk) services ltd. Currently there are 1 open charges and 0 have been satisfied in the past.
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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widestripe engineering (uk) services ltdCompanies House Filings - See Documents
