The Welsh Whisky Company Limited

POWER SEARCH PRICING

SOLUTIONS

the welsh whisky company limited Company Information

Company Number

03620949

Next Accounts

May 2025

Directors

Nigel Short

Stephen Davies

View All

Shareholders

nigel v. short

louise elisabeth short

View All

Group Structure

View All

Industry

Distilling, rectifying and blending of spirits

Registered Address

penderyn distillery, penderyn, cf44 0sx, CF44 9JW

Website

http://welsh-whisky.co.uk

the welsh whisky company limited Estimated Valuation

£22.6m

Pomanda estimates the enterprise value of THE WELSH WHISKY COMPANY LIMITED at £22.6m based on Net Assets of £13.3m and 1.7x industry multiple (adjusted for liquidity).

Edit your figures and get a professional valuation report.

The Welsh Whisky Company Limited is a live company located in cf44 0sx, CF44 9JW with a Companies House number of 03620949. It operates in the distilling, rectifying and blending of spirits sector, SIC Code 11010. Founded in August 1998, it's largest shareholder is nigel v. short with a 69.5% stake. The Welsh Whisky Company Limited is a mature, large sized company, Pomanda has estimated its turnover at £23.1m with high growth in recent years.

View Sample

Upgrade for unlimited company reports & a free credit check

Pomanda's financial health check has awarded The Welsh Whisky Company Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 6 measures and has 4 areas for improvement. Company Health Check FAQs

Health Rating3.5out of 5

6 Strong

2 Regular

4 Weak

Size

annual sales of £23.1m, make it in line with the average company (£20.5m)

Growth

3 year (CAGR) sales growth of 17%, show it is growing at a faster rate (13.9%)

EXPORT

The Welsh Whisky Company Limited's latest turnover from August 2023 is £23.1 million and the company has net assets of £13.3 million. According to their latest financial statements, The Welsh Whisky Company Limited has 95 employees and maintains cash reserves of £72.8 thousand as reported in the balance sheet.

Data source: Companies House, Pomanda Estimates

	Aug 2023	Aug 2022	Aug 2021	Aug 2020	Aug 2019	Aug 2018	Aug 2017	Aug 2016	Aug 2015	Aug 2014	Aug 2013	Aug 2012	Aug 2011	Aug 2010	Aug 2009
Turnover	23,104,372	19,684,492	18,285,820	14,331,165	12,624,592	11,928,561	10,209,001	5,921,619	2,251,180	7,890,866	8,002,498	4,541,288	2,967,824	3,092,053
Other Income Or Grants
Cost Of Sales	15,080,785	12,638,588	12,735,301	8,599,618	7,372,896	6,862,556	5,845,118	3,463,805	1,566,409	5,501,888	5,672,047	3,256,353	2,210,229	2,350,560
Gross Profit	8,023,587	7,045,904	5,550,519	5,731,547	5,251,696	5,066,005	4,363,883	2,457,814	684,771	2,388,978	2,330,451	1,284,935	757,595	741,493
Admin Expenses	5,850,852	5,173,473	4,191,457	4,524,243	4,168,305	4,076,153	3,576,006	1,890,960	258,805	2,166,289	2,230,314	1,184,397	702,849	714,114	2,605,884
Operating Profit	2,172,735	1,872,431	1,359,062	1,207,304	1,083,391	989,852	787,877	566,854	425,966	222,689	100,137	100,538	54,746	27,379	-2,605,884
Interest Payable	714,748	425,022	358,302	356,081	319,175	277,414	234,662	216,475	107,982	3,838	6,053	7,436	8,730	5,221	358
Interest Receivable							883	216	381	461	440	254	158	99	56
Pre-Tax Profit	1,457,987	1,447,409	1,000,760	851,223	764,216	712,438	554,098	350,595	318,365	219,313	94,523	93,355	46,173	22,257	-2,606,186
Tax	-260,771	-288,705	-224,262	-170,225	-139,068	-82,918	-158,146	-70,119	-63,673	-46,056	-21,740	-22,405	-12,005	-6,232
Profit After Tax	1,197,216	1,158,704	776,498	680,998	625,148	629,520	395,952	280,476	254,692	173,257	72,783	70,950	34,168	16,025	-2,606,186
Dividends Paid
Retained Profit	1,197,216	1,158,704	776,498	680,998	625,148	629,520	395,952	280,476	254,692	173,257	72,783	70,950	34,168	16,025	-2,606,186
Employee Costs	3,434,111	3,100,140	2,454,903	2,015,063	1,926,007	1,728,410	1,515,563	2,114,088	254,450	928,911	775,022	511,538	347,857	374,755
Number Of Employees	95	87	80	70	67	61	56	49	6	22	20	14	9	10
EBITDA*	2,690,162	2,389,137	1,687,390	1,493,136	1,355,468	1,281,840	1,068,533	822,085	653,043	399,402	213,363	219,894	165,553	147,469	-2,450,932

* Earnings Before Interest, Tax, Depreciation and Amortisation

	Aug 2023	Aug 2022	Aug 2021	Aug 2020	Aug 2019	Aug 2018	Aug 2017	Aug 2016	Aug 2015	Aug 2014	Aug 2013	Aug 2012	Aug 2011	Aug 2010	Aug 2009
Tangible Assets	14,474,299	10,407,717	9,397,471	5,255,451	4,229,947	4,395,218	3,979,044	4,069,891	3,873,338	3,346,653	2,049,111	1,599,747	1,616,876	1,569,706	1,524,066
Intangible Assets
Investments & Other	232,408	232,408	100,000	100,000	100,000	100,000	100,000	100,000	100,000	100,000	100,000	100,000	100,000
Debtors (Due After 1 year)					17,331	156,399	239,317	402,136	482,072	554,033	613,863	634,585	654,633	726,737	731,166
Total Fixed Assets	14,706,707	10,640,125	9,497,471	5,355,451	4,347,278	4,651,617	4,318,361	4,572,027	4,455,410	4,000,686	2,762,974	2,334,332	2,371,509	2,296,443	2,255,232
Stock & work in progress	15,192,532	13,761,401	12,212,969	10,973,479	10,174,522	8,449,869	7,131,145	5,873,315	4,954,934	4,188,405	3,599,178	3,068,111	2,763,594	2,448,594	2,206,597
Trade Debtors	55,129	133,849	52,273	42,910	80,030	67,657	52,137	26,244	22,184	157,697	150,270	165,256	144,740	158,866	103,926
Group Debtors
Misc Debtors	1,187,127	471,895	484,381	123,337	345,367	212,575	131,524	83,675	101,227
Cash	72,826	81,057	41,003	198,057	40,265	80,955	108,837	84,413	88,223	64,102	120,435	55,370	46,091	16,955	22,452
misc current assets	1,548,315	1,684,901	1,640,354	1,657,561	728,551	554,631	479,549	423,740	560,154	190,495	241,504	260,405	141,612	96,667	265,019
total current assets	18,055,929	16,133,103	14,430,980	12,995,344	11,368,735	9,365,687	7,903,192	6,491,387	5,726,722	4,600,699	4,111,387	3,549,142	3,096,037	2,721,082	2,597,994
total assets	32,762,636	26,773,228	23,928,451	18,350,795	15,716,013	14,017,304	12,221,553	11,063,414	10,182,132	8,601,385	6,874,361	5,883,474	5,467,546	5,017,525	4,853,226
Bank overdraft									10,141
Bank loan	304,423	280,497	228,569	96,712	37,213	36,117	10,095	10,513
Trade Creditors	2,874,276	1,742,795	1,438,523	1,141,085	1,022,750	845,988	816,382	664,559	707,839	2,827,955	2,492,683	1,730,875	685,924	878,080	842,637
Group/Directors Accounts
other short term finances	79,200	149,285	103,593	75,000	75,000	75,000		25,000	25,000
hp & lease commitments			6,276	104,842	121,845	282,060	289,018	256,956	161,632
other current liabilities	1,001,763	990,960	1,016,662	916,414	816,212	630,790	739,520	366,921	318,733
total current liabilities	4,259,662	3,163,537	2,793,623	2,334,053	2,073,020	1,869,955	1,855,015	1,323,949	1,223,345	2,827,955	2,492,683	1,730,875	685,924	878,080	842,637
loans	12,114,683	10,430,016	9,322,961	7,247,443	6,611,203	5,622,670	4,129,572	3,610,785	3,245,756	41,632	76,448	109,809	118,988	149,632	11,006
hp & lease commitments					56,242	146,607	439,214	692,431	506,553
Accruals and Deferred Income	2,173,129	1,425,501	1,563,102	527,049	323,646	351,318	400,518	449,967	500,672	549,202	148,242	177,254	206,262	235,269	264,277
other liabilities										1,024,514	364,137	385,278	1,055,164	699,907	1,895,931
provisions	926,632	665,861	377,156	152,894
total long term liabilities	15,214,444	12,521,378	11,263,219	7,927,386	6,991,091	6,120,595	4,969,304	4,753,183	4,252,981	1,615,348	588,827	672,341	1,380,414	1,084,808	2,171,214
total liabilities	19,474,106	15,684,915	14,056,842	10,261,439	9,064,111	7,990,550	6,824,319	6,077,132	5,476,326	4,443,303	3,081,510	2,403,216	2,066,338	1,962,888	3,013,851
net assets	13,288,530	11,088,313	9,871,609	8,089,356	6,651,902	6,026,754	5,397,234	4,986,282	4,705,806	4,158,082	3,792,851	3,480,258	3,401,208	3,054,637	1,839,375
total shareholders funds	13,288,530	11,088,313	9,871,609	8,089,356	6,651,902	6,026,754	5,397,234	4,986,282	4,705,806	4,158,082	3,792,851	3,480,258	3,401,208	3,054,637	1,839,375

	Aug 2023	Aug 2022	Aug 2021	Aug 2020	Aug 2019	Aug 2018	Aug 2017	Aug 2016	Aug 2015	Aug 2014	Aug 2013	Aug 2012	Aug 2011	Aug 2010	Aug 2009
Operating Activities
Operating Profit	2,172,735	1,872,431	1,359,062	1,207,304	1,083,391	989,852	787,877	566,854	425,966	222,689	100,137	100,538	54,746	27,379	-2,605,884
Depreciation	517,427	516,706	328,328	285,832	272,077	291,988	280,656	255,231	227,077	176,713	113,226	119,356	110,807	120,090	154,952
Amortisation
Tax	-260,771	-288,705	-224,262	-170,225	-139,068	-82,918	-158,146	-70,119	-63,673	-46,056	-21,740	-22,405	-12,005	-6,232
Stock	1,431,131	1,548,432	1,239,490	798,957	1,724,653	1,318,724	1,257,830	918,381	766,529	589,227	531,067	304,517	315,000	241,997	2,206,597
Debtors	636,512	69,090	370,407	-276,481	6,097	13,653	-89,077	-93,428	-106,247	-52,403	-35,708	468	-86,230	50,511	835,092
Creditors	1,131,481	304,272	297,438	118,335	176,762	29,606	151,823	-43,280	-2,120,116	335,272	761,808	1,044,951	-192,156	35,443	842,637
Accruals and Deferred Income	758,431	-163,303	1,136,301	303,605	157,750	-157,930	323,150	-2,517	270,203	400,960	-29,012	-29,008	-29,007	-29,008	264,277
Deferred Taxes & Provisions	260,771	288,705	224,262	152,894
Cash flow from operations	2,512,431	912,584	1,511,232	1,375,269	-179,838	-261,779	216,607	-118,784	-1,920,825	552,754	429,060	908,447	-296,385	-144,836	-4,385,707
Investing Activities
capital expenditure						-683,205	-129,947	-451,784	-753,762	-1,474,255	-562,590	-102,227	-157,977	-165,730	-1,679,018
Change in Investments		132,408											100,000
cash flow from investments		-132,408				-683,205	-129,947	-451,784	-753,762	-1,474,255	-562,590	-102,227	-257,977	-165,730	-1,679,018
Financing Activities
Bank loans	23,926	51,928	131,857	59,499	1,096	26,022	-418	10,513
Group/Directors Accounts
Other Short Term Loans	-70,085	45,692	28,593			75,000	-25,000		25,000
Long term loans	1,684,667	1,107,055	2,075,518	636,240	988,533	1,493,098	518,787	365,029	3,204,124	-34,816	-33,361	-9,179	-30,644	138,626	11,006
Hire Purchase and Lease Commitments		-6,276	-98,566	-73,245	-250,580	-299,565	-221,155	281,202	668,185
other long term liabilities									-1,024,514	660,377	-21,141	-669,886	355,257	-1,196,024	1,895,931
share issue	1,003,001	58,000	1,005,755	756,456			15,000		293,032	191,974	239,810	8,100	312,403	1,199,237	4,445,561
interest	-714,748	-425,022	-358,302	-356,081	-319,175	-277,414	-233,779	-216,259	-107,601	-3,377	-5,613	-7,182	-8,572	-5,122	-302
cash flow from financing	1,926,761	831,377	2,784,855	1,022,869	419,874	1,017,141	53,435	440,485	3,058,226	814,158	179,695	-678,147	628,444	136,717	6,352,196
cash and cash equivalents
cash	-8,231	40,054	-157,054	157,792	-40,690	-27,882	24,424	-3,810	24,121	-56,333	65,065	9,279	29,136	-5,497	22,452
overdraft								-10,141	10,141
change in cash	-8,231	40,054	-157,054	157,792	-40,690	-27,882	24,424	6,331	13,980	-56,333	65,065	9,279	29,136	-5,497	22,452

Very Low Risk70 - 100

Low Risk50 - 70

Moderate Risk30 - 50

High Risk20 - 30

Very High Risk0 - 20

Get a comprehensive credit check for the welsh whisky company limited. Get real-time insights into the welsh whisky company 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

Perform a competitor analysis for the welsh whisky company limited by selecting its closest rivals, whether from the MANUFACTURING sector, other large companies, companies in CF44 area or any other competitors across 12 key performance metrics.

THE WELSH WHISKY COMPANY LIMITED group structure

The Welsh Whisky Company Limited has no subsidiary companies.

Ultimate parent company

THE WELSH WHISKY COMPANY LIMITED

03620949

THE WELSH WHISKY COMPANY LIMITED Shareholders

nigel v. short	69.54%
louise elisabeth short	4.93%
the welsh whisky co ltd treasury	3.93%
tim sear & judith sear	3.07%
glan wise	1.27%
richard whiteman & christine morgan	1.23%
brian morgan	1.16%
giancarlo bianchi	1.08%
edwina clark	0.83%
nicholas john clark	0.77%

The Welsh Whisky Company Limited currently has 9 directors. The longest serving directors include Mr Nigel Short (Dec 2003) and Mr Stephen Davies (Jan 2005).

officer	country	age	start	end	role
Mr Nigel Short		62 years	Dec 2003	-	Director
Mr Stephen Davies		60 years	Jan 2005	-	Director
Mr Neil Burchell		66 years	Nov 2011	-	Director
Mr Huw Thomas		57 years	Jul 2013	-	Director
Mr Roy Noble		82 years	Oct 2015	-	Director
Mr Gerald Holtham	England	80 years	Nov 2020	-	Director
Mr Neil Quigley	United Kingdom	59 years	Feb 2021	-	Director
Mrs Louise Short	Wales	62 years	Apr 2021	-	Director
Mr Nick Gallivan		61 years	Nov 2021	-	Director

P&L

August 2023

turnover

23.1m

+17%

operating profit

2.2m

+16%

gross margin

34.8%

-2.98%

turnover

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

Balance Sheet

August 2023

net assets

13.3m

+0.2%

total assets

32.8m

+0.22%

cash

72.8k

-0.1%

net assets

Total assets minus all liabilities

Similar Companies

chase distillery limited

warner's distillery limited

kilchoman distillery company ltd.

the artisanal spirits company limited

macduff international (scotch whisky) limited

company number

03620949

Type

Private limited with Share Capital

industry

11010 - Distilling, rectifying and blending of spirits

incorporation date

August 1998

ultimate parent company

None

previous names

the welsh whisky company limited (October 2009)

address

penderyn distillery, penderyn, cf44 0sx, CF44 9JW

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 27 charges/mortgages relating to the welsh whisky company limited. Currently there are 17 open charges and 10 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.

Click to start generating capital raising & share issue transactions for THE WELSH WHISKY COMPANY LIMITED. This can take several minutes, an email will notify you when this has completed.

the welsh whisky company limited Company Information

the welsh whisky company limited Estimated Valuation

the welsh whisky company limited Estimated Valuation

the welsh whisky company limited Estimated Valuation

The Welsh Whisky Company Limited Overview

The Welsh Whisky Company Limited Health Check

THE WELSH WHISKY COMPANY LIMITED financials

the welsh whisky company limited Credit Report and Business Information

The Welsh Whisky Company Limited Competitor Analysis

the welsh whisky company limited Ownership

the welsh whisky company limited directors

the welsh whisky company limited company details

the welsh whisky company limited Charges & Mortgages

the welsh whisky company limited Capital Raised & Share Issues BETA

the welsh whisky company limited Companies House Filings - See Documents