w.h. ireland group plc

w.h. ireland group plc Company Information

Share W.H. IRELAND GROUP PLC
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MatureLargeDeclining

Company Number

03870190

Industry

Activities of financial services holding companies

 

Directors

Phillip Wale

Simon Jackson

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Shareholders

undisclosed

Group Structure

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Contact

Registered Address

24 martin lane, london, EC4R 0DR

w.h. ireland group plc Estimated Valuation

£21.8m

Pomanda estimates the enterprise value of W.H. IRELAND GROUP PLC at £21.8m based on a Turnover of £21.5m and 1.01x industry multiple (adjusted for size and gross margin).

w.h. ireland group plc Estimated Valuation

£0

Pomanda estimates the enterprise value of W.H. IRELAND GROUP PLC at £0 based on an EBITDA of £-5.5m and a 3.68x industry multiple (adjusted for size and gross margin).

w.h. ireland group plc Estimated Valuation

£25.8m

Pomanda estimates the enterprise value of W.H. IRELAND GROUP PLC at £25.8m based on Net Assets of £14.3m and 1.8x industry multiple (adjusted for liquidity).

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W.h. Ireland Group Plc Overview

W.h. Ireland Group Plc is a live company located in london, EC4R 0DR with a Companies House number of 03870190. It operates in the activities of financial services holding companies sector, SIC Code 64205. Founded in November 1999, it's largest shareholder is undisclosed with a 100% stake. W.h. Ireland Group Plc is a mature, large sized company, Pomanda has estimated its turnover at £21.5m with declining growth in recent years.

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W.h. Ireland Group Plc Health Check

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

Health Check Image
Health Rating3.5out of 5
positive_score

4 Strong

positive_score

1 Regular

positive_score

6 Weak

size

Size

annual sales of £21.5m, make it larger than the average company (£11.9m)

£21.5m - W.h. Ireland Group Plc

£11.9m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -9%, show it is growing at a slower rate (9.3%)

-9% - W.h. Ireland Group Plc

9.3% - Industry AVG

production

Production

with a gross margin of 11.1%, this company has a higher cost of product (77.4%)

11.1% - W.h. Ireland Group Plc

77.4% - Industry AVG

profitability

Profitability

an operating margin of -28.6% make it less profitable than the average company (7.6%)

-28.6% - W.h. Ireland Group Plc

7.6% - Industry AVG

employees

Employees

with 133 employees, this is above the industry average (64)

133 - W.h. Ireland Group Plc

64 - Industry AVG

paystructure

Pay Structure

on an average salary of £116k, the company has a higher pay structure (£80.1k)

£116k - W.h. Ireland Group Plc

£80.1k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £161.4k, this is less efficient (£210k)

£161.4k - W.h. Ireland Group Plc

£210k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 50 days, this is near the average (44 days)

50 days - W.h. Ireland Group Plc

44 days - Industry AVG

creditordays

Creditor Days

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

23 days - W.h. Ireland Group Plc

46 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - W.h. Ireland Group Plc

- - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 49 weeks, this is more cash available to meet short term requirements (29 weeks)

49 weeks - W.h. Ireland Group Plc

29 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 26.6%, this is a lower level of debt than the average (55.4%)

26.6% - W.h. Ireland Group Plc

55.4% - Industry AVG

W.H. IRELAND GROUP PLC financials

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W.H. Ireland Group Plc's latest turnover from March 2024 is £21.5 million and the company has net assets of £14.3 million. According to their latest financial statements, W.H. Ireland Group Plc has 133 employees and maintains cash reserves of £4.9 million as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Nov 2016Nov 2015Nov 2014Nov 2013Nov 2012Nov 2011Nov 2010Nov 2009
Turnover21,465,00026,688,00032,035,00028,741,00021,608,00022,434,00036,416,00025,421,00025,421,00030,884,00030,043,00029,653,00025,079,00023,142,00018,379,00024,618,000
Other Income Or Grants0000000000000000
Cost Of Sales19,076,00023,004,0007,164,2246,217,0615,870,0356,162,75810,445,5696,094,27820,464,00023,374,0008,412,03810,216,2747,783,1208,586,3437,418,0350
Gross Profit2,389,0003,684,00024,870,77622,523,93915,737,96516,271,24225,970,43119,326,7224,957,0007,510,00021,630,96219,436,72617,295,88014,555,65710,960,9650
Admin Expenses8,534,8575,477,90525,978,77622,200,93918,870,96526,613,24230,071,43122,359,7227,990,0007,562,00020,940,96218,517,72617,205,88015,604,65711,791,9651,831,000
Operating Profit-6,145,857-1,793,905-1,108,000323,000-3,133,000-10,342,000-4,101,000-3,033,000-3,033,000-52,000690,000919,00090,000-1,049,000-831,000-1,831,000
Interest Payable00511,00096,000151,00017,00024,00047,00047,00041,00048,00052,00056,00060,00090,000199,000
Interest Receivable001,0002,00011,00012,00021,00010,00010,00021,00025,00064,00013,00063,00054,000109,000
Pre-Tax Profit-5,951,000-1,823,0008,0001,047,000-3,316,000-10,113,000-3,714,000-3,204,000-3,204,000-346,000456,0001,652,000-177,000-1,441,000-720,000-2,080,000
Tax12,000067,000192,0000-1,213,000769,000460,000460,000-335,000-119,000-516,000-33,000-246,000351,000183,000
Profit After Tax-5,939,000-1,823,00075,0001,239,000-3,316,000-11,326,000-2,945,000-2,744,000-2,744,000-681,000337,0001,136,000-210,000-1,687,000-369,000-1,897,000
Dividends Paid000000000437,00002,0000000
Retained Profit-5,939,000-1,823,00075,0001,239,000-3,316,000-11,326,000-2,945,000-2,744,000-2,744,000-1,118,000337,0001,134,000-210,000-1,687,000-369,000-2,113,000
Employee Costs15,429,00016,744,00021,300,00019,260,00014,365,00018,122,00023,741,00017,803,00017,803,00019,805,00018,875,00017,360,00015,569,00013,669,00011,642,00021,374,000
Number Of Employees133163158139159184201217217231135229217187191249
EBITDA*-5,533,857-1,066,905-314,0001,063,000-2,512,000-9,667,000-3,316,000-2,558,000-2,558,000258,0001,022,0001,314,000462,0002,796,000-269,000-680,000

* Earnings Before Interest, Tax, Depreciation and Amortisation

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Nov 2016Nov 2015Nov 2014Nov 2013Nov 2012Nov 2011Nov 2010Nov 2009
Tangible Assets01,389,0004,886,0003,593,0003,583,0001,391,0002,716,0002,132,0002,132,0006,019,0006,534,0006,465,0007,288,0006,613,00010,205,00011,243,000
Intangible Assets07,937,0007,798,0008,303,000758,000880,0003,683,0003,840,0003,840,0003,844,000721,000889,0001,146,000683,0002,996,0003,230,000
Investments & Other0820,0003,013,0001,099,000278,000229,000245,000118,0000360,000579,000447,0001,251,000967,0001,483,0001,514,000
Debtors (Due After 1 year)00190,000190,000000000000002,606,000
Total Fixed Assets09,326,00012,494,00011,706,0004,341,0002,271,0006,399,0005,972,0005,972,0009,863,0007,255,0007,354,0008,434,0007,296,00013,201,00014,473,000
Stock & work in progress0000000000000000
Trade Debtors2,989,0003,651,000751,0001,322,0001,184,0002,082,0003,707,00015,690,00015,690,00020,197,00038,345,00033,473,00032,232,00025,053,00035,549,00041,312,000
Group Debtors0000000000000000
Misc Debtors2,109,0001,793,0005,007,0003,834,0004,760,0003,616,0003,491,0003,295,0003,295,0003,115,00003,219,0002,034,0001,603,0001,656,0001,361,000
Cash4,902,0004,234,0006,446,0008,211,0002,580,0007,702,0007,277,0006,657,0006,657,0008,176,0007,490,0006,046,0009,340,0007,366,0002,439,0004,258,000
misc current assets1,544,0002,049,0001,912,0002,490,0001,223,0000692,0005,280,0005,280,0001,932,000890,000847,000313,000451,00021,000897,000
total current assets19,538,00011,727,00014,116,00015,857,00011,875,00014,568,00015,167,00030,922,00030,922,00033,420,00046,725,00043,585,00043,919,00034,473,00039,665,00047,828,000
total assets19,538,00021,053,00026,610,00027,563,00016,216,00016,839,00021,566,00036,894,00036,894,00043,283,00053,980,00050,939,00052,353,00041,769,00052,866,00062,301,000
Bank overdraft0000000000000000
Bank loan0000000187,000187,000179,0000181,000168,000238,000305,000419,000
Trade Creditors 1,210,0001,148,0002,963,0001,897,000996,0001,553,0001,474,00014,844,00014,844,00019,976,00033,538,00030,470,00033,330,00024,143,00033,879,00039,546,000
Group/Directors Accounts0000000000000000
other short term finances002,412,000001,194,0001,179,0001,130,0001,130,0000179,00000000
hp & lease commitments0319,000376,000552,000629,0000282,000282,000282,000119,000119,000119,000119,000000
other current liabilities3,991,0004,986,0004,450,0007,612,0003,811,0004,915,0004,162,0005,084,0005,084,0005,807,0004,878,0004,985,0004,237,0003,115,0002,765,0005,082,000
total current liabilities5,201,0006,453,00010,201,00010,061,0005,436,0007,662,0007,097,00021,527,00021,527,00026,081,00038,714,00035,755,00037,854,00027,496,00036,949,00045,047,000
loans0586,0001,998,0003,921,0004,548,00001,123,0002,318,0006,520,0007,714,0002,556,0003,152,0003,732,0003,378,0003,860,0004,852,000
hp & lease commitments0293,000999,0001,506,0002,274,00000352,000352,0000109,000228,000347,000000
Accruals and Deferred Income00000412,000439,000282,000282,000330,000347,000128,00041,000144,00098,000297,000
other liabilities00000002,101,00000000000
provisions00000070,000226,000226,000294,000452,000828,000682,000884,000808,000840,000
total long term liabilities0293,000999,0002,415,0002,274,000412,0001,597,0003,655,0003,655,0004,334,0001,851,0002,118,0002,248,0002,275,0002,432,0003,143,000
total liabilities5,201,0006,746,00011,200,00012,476,0007,710,0008,074,0008,694,00025,182,00025,182,00030,415,00040,565,00037,873,00040,102,00029,771,00039,381,00048,190,000
net assets14,337,00014,307,00015,410,00015,087,0008,506,0008,765,00012,872,00011,712,00011,712,00012,868,00013,415,00013,066,00012,251,00011,998,00013,485,00014,111,000
total shareholders funds14,337,00014,307,00015,410,00015,087,0008,506,0008,765,00012,872,00011,712,00011,712,00012,868,00013,415,00013,066,00012,251,00011,998,00013,485,00014,111,000
Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Nov 2016Nov 2015Nov 2014Nov 2013Nov 2012Nov 2011Nov 2010Nov 2009
Operating Activities
Operating Profit-6,145,857-1,793,905-1,108,000323,000-3,133,000-10,342,000-4,101,000-3,033,000-3,033,000-52,000690,000919,00090,000-1,049,000-831,000-1,831,000
Depreciation116,000231,000289,000521,000499,000478,000522,000282,000282,000308,000306,000222,000231,0001,532,000328,000477,000
Amortisation496,000496,000505,000219,000122,000197,000263,000193,000193,0002,00026,000173,000141,0002,313,000234,000674,000
Tax12,000067,000192,0000-1,213,000769,000460,000460,000-335,000-119,000-516,000-33,000-246,000351,000183,000
Stock0000000000000000
Debtors-346,000-504,000602,000-598,000246,000-1,500,000-11,787,0000-4,327,000-15,033,0001,653,0002,426,0007,610,000-10,549,000-8,074,00045,279,000
Creditors62,000-1,815,0001,066,000901,000-557,00079,000-13,370,0000-5,132,000-13,562,0003,068,000-2,860,0009,187,000-9,736,000-5,667,00039,546,000
Accruals and Deferred Income-995,000536,000-3,162,0003,801,000-1,516,000726,000-765,0000-771,000912,000112,000835,0001,019,000396,000-2,516,0005,379,000
Deferred Taxes & Provisions00000-70,000-156,0000-68,000-158,000-376,000146,000-202,00076,000-32,000840,000
Cash flow from operations-6,108,857-1,841,905-2,945,0006,555,000-4,831,000-8,645,000-5,051,000-2,098,000-3,742,0002,148,0002,054,000-3,507,0002,823,0003,835,000-59,000-11,000
Investing Activities
capital expenditure8,714,0002,631,000-1,582,000-8,295,000-2,691,0003,453,000-1,212,000-475,0003,416,000-2,918,000-233,000685,000-1,510,0002,060,000710,000-15,624,000
Change in Investments-820,000-2,193,0001,914,000821,00049,000-16,000127,000118,000-360,000-219,000132,000-804,000284,000-516,000-31,0001,514,000
cash flow from investments9,534,0004,824,000-3,496,000-9,116,000-2,740,0003,469,000-1,339,000-593,0003,776,000-2,699,000-365,0001,489,000-1,794,0002,576,000741,000-17,138,000
Financing Activities
Bank loans000000-187,00008,000179,000-181,00013,000-70,000-67,000-114,000419,000
Group/Directors Accounts0000000000000000
Other Short Term Loans 0-2,412,0002,412,0000-1,194,00015,00049,00001,130,000-179,000179,00000000
Long term loans-586,000-1,412,000-1,923,000-627,0004,548,000-1,123,000-1,195,000-4,202,000-1,194,0005,158,000-596,000-580,000354,000-482,000-992,0004,852,000
Hire Purchase and Lease Commitments-612,000-763,000-683,000-845,0002,903,000-282,000-352,0000515,000-109,000-119,000-119,000466,000000
other long term liabilities000000-2,101,0002,101,00000000000
share issue5,969,000720,000248,0005,342,0003,057,0007,219,0004,105,0002,744,0001,588,000571,00012,000-319,000463,000200,000-257,00016,224,000
interest00-510,000-94,000-140,000-5,000-3,000-37,000-37,000-20,000-23,00012,000-43,0003,000-36,000-90,000
cash flow from financing4,771,000-3,867,000-456,0003,776,0009,174,0005,824,000316,000606,0002,010,0005,600,000-728,000-993,0001,170,000-346,000-1,399,00021,405,000
cash and cash equivalents
cash668,000-2,212,000-1,765,0005,631,000-5,122,000425,000620,0000-1,519,000686,0001,444,000-3,294,0001,974,0004,927,000-1,819,0004,258,000
overdraft0000000000000000
change in cash668,000-2,212,000-1,765,0005,631,000-5,122,000425,000620,0000-1,519,000686,0001,444,000-3,294,0001,974,0004,927,000-1,819,0004,258,000

w.h. ireland group plc 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.h. Ireland Group Plc Competitor Analysis

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Perform a competitor analysis for w.h. ireland group plc by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other large companies, companies in EC4R area or any other competitors across 12 key performance metrics.

w.h. ireland group plc Ownership

W.H. IRELAND GROUP PLC group structure

W.H. Ireland Group Plc has 4 subsidiary companies.

W.H. IRELAND GROUP PLC Shareholders

undisclosed 100%

w.h. ireland group plc directors

W.H. Ireland Group Plc currently has 4 directors. The longest serving directors include Mr Phillip Wale (Oct 2018) and Mr Simon Jackson (Feb 2022).

officercountryagestartendrole
Mr Phillip WaleEngland61 years Oct 2018- Director
Mr Simon JacksonEngland65 years Feb 2022- Director
Mr Garry StranEngland59 years Nov 2023- Director
Mr Simon MooreEngland59 years Nov 2023- Director

P&L

March 2024

turnover

21.5m

-20%

operating profit

-6.1m

0%

gross margin

11.2%

-19.37%

turnover

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

Balance Sheet

March 2024

net assets

14.3m

0%

total assets

19.5m

-0.07%

cash

4.9m

+0.16%

net assets

Total assets minus all liabilities

w.h. ireland group plc company details

company number

03870190

Type

Public limited with Share Capital

industry

64205 - Activities of financial services holding companies

incorporation date

November 1999

age

26

incorporated

UK

ultimate parent company

None

accounts

Group

last accounts submitted

March 2024

previous names

hallco 353 plc (July 2000)

accountant

-

auditor

RSM UK AUDIT LLP

address

24 martin lane, london, EC4R 0DR

Bank

BANK OF SCOTLAND

Legal Advisor

-

w.h. ireland group plc 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 found 1 charges/mortgages relating to w.h. ireland group plc. Currently there are 0 open charges and 1 have been satisfied in the past.

w.h. ireland group plc 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.

Click to start generating capital raising & share issue transactions for W.H. IRELAND GROUP PLC. This can take several minutes, an email will notify you when this has completed.

w.h. ireland group plc Companies House Filings - See Documents

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