m.j. wright & sons limited

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m.j. wright & sons limited Company Information

Share M.J. WRIGHT & SONS LIMITED

Company Number

03737596

Directors

Brian Wright

Shareholders

brian mark wright

l.d. wright

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Group Structure

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Industry

Cutting, shaping and finishing of stone

 

Registered Address

2 peasebrook orchard cottages, cheltenham road, broadway, worcestershire, WR12 7LX

m.j. wright & sons limited Estimated Valuation

£207.8k

Pomanda estimates the enterprise value of M.J. WRIGHT & SONS LIMITED at £207.8k based on a Turnover of £527.6k and 0.39x industry multiple (adjusted for size and gross margin).

m.j. wright & sons limited Estimated Valuation

£469.1k

Pomanda estimates the enterprise value of M.J. WRIGHT & SONS LIMITED at £469.1k based on an EBITDA of £160.8k and a 2.92x industry multiple (adjusted for size and gross margin).

m.j. wright & sons limited Estimated Valuation

£531.3k

Pomanda estimates the enterprise value of M.J. WRIGHT & SONS LIMITED at £531.3k based on Net Assets of £265.9k and 2x industry multiple (adjusted for liquidity).

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M.j. Wright & Sons Limited Overview

M.j. Wright & Sons Limited is a live company located in broadway, WR12 7LX with a Companies House number of 03737596. It operates in the cutting, shaping and finishing of stone sector, SIC Code 23700. Founded in March 1999, it's largest shareholder is brian mark wright with a 60% stake. M.j. Wright & Sons Limited is a mature, small sized company, Pomanda has estimated its turnover at £527.6k with high growth in recent years.

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M.j. Wright & Sons Limited Health Check

Pomanda's financial health check has awarded M.J. Wright & Sons Limited a 4 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 Rating4out of 5
positive_score

4 Strong

positive_score

3 Regular

positive_score

5 Weak

size

Size

annual sales of £527.6k, make it smaller than the average company (£1.4m)

£527.6k - M.j. Wright & Sons Limited

£1.4m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 16%, show it is growing at a faster rate (8.6%)

16% - M.j. Wright & Sons Limited

8.6% - Industry AVG

production

Production

with a gross margin of 35.3%, this company has a comparable cost of product (35.3%)

35.3% - M.j. Wright & Sons Limited

35.3% - Industry AVG

profitability

Profitability

an operating margin of 22.8% make it more profitable than the average company (5%)

22.8% - M.j. Wright & Sons Limited

5% - Industry AVG

employees

Employees

with 6 employees, this is below the industry average (36)

6 - M.j. Wright & Sons Limited

36 - Industry AVG

paystructure

Pay Structure

on an average salary of £33.7k, the company has an equivalent pay structure (£33.7k)

£33.7k - M.j. Wright & Sons Limited

£33.7k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £87.9k, this is less efficient (£116.4k)

£87.9k - M.j. Wright & Sons Limited

£116.4k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 47 days, this is near the average (47 days)

47 days - M.j. Wright & Sons Limited

47 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 48 days, this is slower than average (36 days)

48 days - M.j. Wright & Sons Limited

36 days - Industry AVG

stockdays

Stock Days

it holds stock equivalent to 106 days, this is more than average (37 days)

106 days - M.j. Wright & Sons Limited

37 days - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 34 weeks, this is more cash available to meet short term requirements (13 weeks)

34 weeks - M.j. Wright & Sons Limited

13 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 60.5%, this is a higher level of debt than the average (49.7%)

60.5% - M.j. Wright & Sons Limited

49.7% - Industry AVG

M.J. WRIGHT & SONS LIMITED financials

EXPORTms excel logo

M.J. Wright & Sons Limited's latest turnover from March 2024 is estimated at £527.6 thousand and the company has net assets of £265.9 thousand. According to their latest financial statements, M.J. Wright & Sons Limited has 6 employees and maintains cash reserves of £134.3 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
Turnover527,607559,904458,108342,114445,961562,969660,557558,723815,159622,710887,127900,1111,012,725774,9101,041,384
Other Income Or Grants000000000000000
Cost Of Sales341,521325,125235,363243,991227,965284,236348,573305,884436,486341,829511,615524,065562,074455,740596,234
Gross Profit186,086234,779222,74598,123217,996278,733311,984252,839378,673280,881375,512376,046450,650319,169445,150
Admin Expenses65,910236,426167,793211,734211,836312,793285,503255,985279,013232,757394,871445,950457,886364,29866,806
Operating Profit120,176-1,64754,952-113,6116,160-34,06026,481-3,14699,66048,124-19,359-69,904-7,236-45,129378,344
Interest Payable0072650005254000000
Interest Receivable5,1162,399197357867036719041417200010
Pre-Tax Profit125,29275255,077-113,6426,238-33,39026,848-3,008100,02048,296-19,359-69,904-7,236-45,128378,344
Tax-31,323-143-10,4650-1,1850-5,1010-20,004-10,1420000-105,936
Profit After Tax93,96960944,612-113,6425,053-33,39021,747-3,00880,01638,154-19,359-69,904-7,236-45,128272,408
Dividends Paid000000000000000
Retained Profit93,96960944,612-113,6425,053-33,39021,747-3,00880,01638,154-19,359-69,904-7,236-45,128272,408
Employee Costs201,925199,601164,525149,192184,650250,130229,858191,669133,55372,706220,361262,704218,714144,360397,439
Number Of Employees6666666642786413
EBITDA*160,82242,71797,381-75,15336,087-34,05159,03628,705130,87676,96111,317-35,59931,594-1,562429,294

* Earnings Before Interest, Tax, Depreciation and Amortisation

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Tangible Assets323,421364,952344,202376,335235,603230,335243,224271,473263,081243,464262,895294,512327,654364,523408,089
Intangible Assets000000000000000
Investments & Other000000000000000
Debtors (Due After 1 year)000000000000000
Total Fixed Assets323,421364,952344,202376,335235,603230,335243,224271,473263,081243,464262,895294,512327,654364,523408,089
Stock & work in progress99,59169,52875,32048,72667,56288,204100,58490,428106,66057,18774,28079,065115,035125,626106,507
Trade Debtors69,033101,72487,55660,46682,67593,105132,05555,024122,54676,46086,44985,38577,82998,145138,190
Group Debtors000000000000000
Misc Debtors46,02638,58553,16954,51365,61113,26515,72120,0626,451000000
Cash134,26360,61552,29315169,49187,46691,29155,55096,54968,978554104104
misc current assets000000000000000
total current assets348,913270,452268,338163,856285,339282,040339,651221,064332,206202,625160,734164,455192,868223,875244,801
total assets672,334635,404612,540540,191520,942512,375582,875492,537595,287446,089423,629458,967520,522588,398652,890
Bank overdraft0002,14500001,667000000
Bank loan000000000000000
Trade Creditors 45,571103,56189,07754,22379,77158,984103,11140,23396,323130,648148,142172,877166,711172,571165,244
Group/Directors Accounts000000000000000
other short term finances000000000000000
hp & lease commitments32,43030,30023,58925,7007,1806,77011,9544,0545,991000000
other current liabilities125,17476,16970,71254,57636,47848,89154,06937,96877,377000000
total current liabilities203,175210,030183,378136,644123,429114,645169,13482,255181,358130,648148,142172,877166,711172,571165,244
loans000000000000000
hp & lease commitments25,22257,65266,57490,16311,53818,718011,95416,008000000
Accruals and Deferred Income000000000000000
other liabilities110,000130,000130,000120,000105,000105,000105,000105,000105,000109,425106,66795,00090,708141,333166,459
provisions68,03665,79061,26566,67340,62238,71240,05146,38542,97036,08137,03939,95042,05946,21447,779
total long term liabilities203,258253,442257,839276,836157,160162,430145,051163,339163,978145,506143,706134,950132,767187,547214,238
total liabilities406,433463,472441,217413,480280,589277,075314,185245,594345,336276,154291,848307,827299,478360,118379,482
net assets265,901171,932171,323126,711240,353235,300268,690246,943249,951169,935131,781151,140221,044228,280273,408
total shareholders funds265,901171,932171,323126,711240,353235,300268,690246,943249,951169,935131,781151,140221,044228,280273,408
Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Operating Activities
Operating Profit120,176-1,64754,952-113,6116,160-34,06026,481-3,14699,66048,124-19,359-69,904-7,236-45,129378,344
Depreciation40,64644,36442,42938,45829,927932,55531,85131,21628,83730,67634,30538,83043,56750,950
Amortisation000000000000000
Tax-31,323-143-10,4650-1,1850-5,1010-20,004-10,1420000-105,936
Stock30,063-5,79226,594-18,836-20,642-12,38010,156-16,23249,473-17,093-4,785-35,970-10,59119,119106,507
Debtors-25,250-41625,746-33,30741,916-41,40672,690-53,91152,537-9,9891,0647,556-20,316-40,045138,190
Creditors-57,99014,48434,854-25,54820,787-44,12762,878-56,090-34,325-17,494-24,7356,166-5,8607,327165,244
Accruals and Deferred Income49,0055,45716,13618,098-12,413-5,17816,101-39,40977,377000000
Deferred Taxes & Provisions2,2464,525-5,40826,0511,910-1,339-6,3343,4156,889-958-2,911-2,109-4,155-1,56547,779
Cash flow from operations117,94773,24880,158-4,40923,912-30,90943,7346,76458,80375,449-12,608-3,12852,48625,126291,684
Investing Activities
capital expenditure885-65,114-10,296-179,190-35,19512,880-4,306-40,243-50,833-9,406941-1,163-1,961-1-459,039
Change in Investments000000000000000
cash flow from investments885-65,114-10,296-179,190-35,19512,880-4,306-40,243-50,833-9,406941-1,163-1,961-1-459,039
Financing Activities
Bank loans000000000000000
Group/Directors Accounts000000000000000
Other Short Term Loans 000000000000000
Long term loans000000000000000
Hire Purchase and Lease Commitments-30,300-2,211-25,70097,145-6,77013,534-4,054-5,99121,999000000
other long term liabilities-20,000010,00015,0000000-4,4252,75811,6674,292-50,625-25,126166,459
share issue000000000000001,000
interest5,1162,399125-307867036713836017200010
cash flow from financing-45,184188-15,575112,115-6,69214,204-3,687-5,85317,9342,93011,6674,292-50,625-25,125167,459
cash and cash equivalents
cash73,6488,32252,142-69,340-17,975-3,82535,741-40,99927,57168,97301-1000104
overdraft00-2,1452,145000-1,6671,667000000
change in cash73,6488,32254,287-71,485-17,975-3,82535,741-39,33225,90468,97301-1000104

m.j. wright & 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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M.j. Wright & Sons Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for m.j. wright & sons limited by selecting its closest rivals, whether from the MANUFACTURING sector, other small companies, companies in WR12 area or any other competitors across 12 key performance metrics.

m.j. wright & sons limited Ownership

M.J. WRIGHT & SONS LIMITED group structure

M.J. Wright & Sons Limited has no subsidiary companies.

Ultimate parent company

M.J. WRIGHT & SONS LIMITED

03737596

M.J. WRIGHT & SONS LIMITED Shareholders

brian mark wright 60%
l.d. wright 20%
alan j. wright 20%

m.j. wright & sons limited directors

M.J. Wright & Sons Limited currently has 1 director, Mr Brian Wright serving since Mar 1999.

officercountryagestartendrole
Mr Brian Wright59 years Mar 1999- Director

P&L

March 2024

turnover

527.6k

-6%

operating profit

120.2k

0%

gross margin

35.3%

-15.89%

turnover

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

Balance Sheet

March 2024

net assets

265.9k

+0.55%

total assets

672.3k

+0.06%

cash

134.3k

+1.22%

net assets

Total assets minus all liabilities

m.j. wright & sons limited company details

company number

03737596

Type

Private limited with Share Capital

industry

23700 - Cutting, shaping and finishing of stone

incorporation date

March 1999

age

26

incorporated

UK

ultimate parent company

None

accounts

Total Exemption Full

last accounts submitted

March 2024

previous names

N/A

accountant

D & S PLUMB ACCOUNTANTS LIMITED

auditor

-

address

2 peasebrook orchard cottages, cheltenham road, broadway, worcestershire, WR12 7LX

Bank

-

Legal Advisor

-

m.j. wright & 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 m.j. wright & sons limited.

m.j. wright & 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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m.j. wright & sons limited Companies House Filings - See Documents

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