wolverson x-ray limited

wolverson x-ray limited Company Information

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Company Number

03997914

Industry

Retail sale of medical and orthopaedic goods (other than hearing aids) n.e.c., in specialised stores

 

Shareholders

wolverson holdings limited

Group Structure

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Contact

Registered Address

willenhall business park, walsall street, willenhall, west midlands, WV13 2DY

wolverson x-ray limited Estimated Valuation

£2.4m

Pomanda estimates the enterprise value of WOLVERSON X-RAY LIMITED at £2.4m based on a Turnover of £5.8m and 0.41x industry multiple (adjusted for size and gross margin).

wolverson x-ray limited Estimated Valuation

£0

Pomanda estimates the enterprise value of WOLVERSON X-RAY LIMITED at £0 based on an EBITDA of £-468.6k and a 5.05x industry multiple (adjusted for size and gross margin).

wolverson x-ray limited Estimated Valuation

£7.2m

Pomanda estimates the enterprise value of WOLVERSON X-RAY LIMITED at £7.2m based on Net Assets of £2.8m and 2.57x industry multiple (adjusted for liquidity).

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Wolverson X-ray Limited Overview

Wolverson X-ray Limited is a live company located in willenhall, WV13 2DY with a Companies House number of 03997914. It operates in the retail sale of medical and orthopaedic goods in specialised stores (not incl. hearing aids) n.e.c. sector, SIC Code 47749. Founded in May 2000, it's largest shareholder is wolverson holdings limited with a 100% stake. Wolverson X-ray Limited is a mature, mid sized company, Pomanda has estimated its turnover at £5.8m with healthy growth in recent years.

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Wolverson X-ray Limited Health Check

Pomanda's financial health check has awarded Wolverson X-Ray Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 5 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating3.5out of 5
positive_score

3 Strong

positive_score

4 Regular

positive_score

5 Weak

size

Size

annual sales of £5.8m, make it smaller than the average company (£11.5m)

£5.8m - Wolverson X-ray Limited

£11.5m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 5%, show it is growing at a slower rate (7.7%)

5% - Wolverson X-ray Limited

7.7% - Industry AVG

production

Production

with a gross margin of 37.4%, this company has a comparable cost of product (37.4%)

37.4% - Wolverson X-ray Limited

37.4% - Industry AVG

profitability

Profitability

an operating margin of -8.6% make it less profitable than the average company (7.8%)

-8.6% - Wolverson X-ray Limited

7.8% - Industry AVG

employees

Employees

with 25 employees, this is similar to the industry average (21)

25 - Wolverson X-ray Limited

21 - Industry AVG

paystructure

Pay Structure

on an average salary of £51.5k, the company has an equivalent pay structure (£51.5k)

£51.5k - Wolverson X-ray Limited

£51.5k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £233.4k, this is less efficient (£287.5k)

£233.4k - Wolverson X-ray Limited

£287.5k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 73 days, this is later than average (47 days)

73 days - Wolverson X-ray Limited

47 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 67 days, this is slower than average (55 days)

67 days - Wolverson X-ray Limited

55 days - Industry AVG

stockdays

Stock Days

it holds stock equivalent to 17 days, this is less than average (60 days)

17 days - Wolverson X-ray Limited

60 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 (17 weeks)

34 weeks - Wolverson X-ray Limited

17 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 47.2%, this is a similar level of debt than the average (48.1%)

47.2% - Wolverson X-ray Limited

48.1% - Industry AVG

WOLVERSON X-RAY LIMITED financials

EXPORTms excel logo

Wolverson X-Ray Limited's latest turnover from March 2024 is estimated at £5.8 million and the company has net assets of £2.8 million. According to their latest financial statements, Wolverson X-Ray Limited has 25 employees and maintains cash reserves of £1.6 million 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
Turnover5,834,9556,559,5494,564,9865,079,3454,031,8444,657,6022,971,7834,075,5982,778,9886,405,15111,526,3009,988,6333,151,1704,597,9594,061,059
Other Income Or Grants000000000000000
Cost Of Sales3,654,5173,908,1542,893,8223,329,6762,695,5093,051,2741,952,0822,408,6531,678,5703,887,6687,261,2776,340,6381,803,6642,694,0152,298,263
Gross Profit2,180,4372,651,3951,671,1641,749,6691,336,3351,606,3271,019,7011,666,9451,100,4182,517,4844,265,0233,647,9951,347,5061,903,9441,762,795
Admin Expenses2,680,4912,748,1181,070,502984,1771,009,0271,408,9711,013,5181,276,186906,3942,394,1434,040,6163,375,3721,397,6591,866,7981,088,166
Operating Profit-500,054-96,723600,662765,492327,308197,3566,183390,759194,024123,341224,407272,623-50,15337,146674,629
Interest Payable8,88018,77718,01417,28115,19517,8348,82700000000
Interest Receivable88,87269,4979,9987733713,5294,8782,7253,9675,6834,7191,632920955664
Pre-Tax Profit-420,062-46,004592,646748,984312,484183,0512,235393,484197,991129,024229,126274,255-49,23338,101675,293
Tax00-112,603-142,307-59,372-34,780-425-78,697-39,598-27,095-52,699-65,8210-10,668-189,082
Profit After Tax-420,062-46,004480,043606,677253,112148,2711,810314,787158,393101,929176,427208,434-49,23327,433486,211
Dividends Paid000000000000000
Retained Profit-420,062-46,004480,043606,677253,112148,2711,810314,787158,393101,929176,427208,434-49,23327,433486,211
Employee Costs1,287,0321,257,9951,271,1111,416,0021,244,3851,290,9621,170,8631,218,7821,253,5851,171,3531,903,4971,724,075544,218779,982742,366
Number Of Employees252526272826242712274438131919
EBITDA*-468,601-73,486635,587780,900345,887216,38925,180403,352210,341140,459240,159283,92660,694145,460680,990

* Earnings Before Interest, Tax, Depreciation and Amortisation

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Tangible Assets750,270417,195373,371388,235386,253400,466404,841369,999391,783336,325337,411317,653319,117311,966291,022
Intangible Assets0000011111111100,0000
Investments & Other000000000000000
Debtors (Due After 1 year)000000000000000
Total Fixed Assets750,270417,195373,371388,235386,253400,467404,842370,000391,784336,326337,412317,654319,118411,966291,022
Stock & work in progress177,047140,668259,354287,419266,559188,684248,066254,377202,622391,223623,344659,696285,657250,397196,458
Trade Debtors1,174,4191,473,296927,571797,958610,739891,946353,266606,055590,9771,179,0251,445,9231,517,352601,113915,516848,388
Group Debtors000000000000000
Misc Debtors1,592,2801,573,7311,790,1921,973,3531,831,6431,537,4191,307,958138,473303,8890200,000200,000000
Cash1,606,1761,779,4311,490,9961,175,092371,252370,188570,8061,380,415799,422787,3671,485,960401,604251,350116,634265,450
misc current assets000000000000000
total current assets4,549,9224,967,1264,468,1134,233,8223,080,1932,988,2372,480,0962,379,3201,896,9102,357,6153,755,2272,778,6521,138,1201,282,5471,310,296
total assets5,300,1925,384,3214,841,4844,622,0573,466,4463,388,7042,884,9382,749,3202,288,6942,693,9414,092,6393,096,3061,457,2381,694,5131,601,318
Bank overdraft00000014,50000000000
Bank loan027,32617,07922,07915,75014,500000000000
Trade Creditors 677,143676,284186,202219,79699,251353,910204,895523,781336,1771,701,6793,203,8842,386,529959,0361,145,4791,070,260
Group/Directors Accounts000000000000000
other short term finances000000000000000
hp & lease commitments000000000000000
other current liabilities1,727,6141,560,4421,415,7961,540,8711,196,7521,099,272877,211702,433740,521000000
total current liabilities2,404,7572,264,0521,619,0771,782,7461,311,7531,467,6821,096,6061,226,2141,076,6981,701,6793,203,8842,386,529959,0361,145,4791,070,260
loans0130,541191,441303,162225,598242,338257,08800000000
hp & lease commitments000000000000000
Accruals and Deferred Income000000000000000
other liabilities0000000000000012,800
provisions96,71328,70523,9399,1658,78811,48912,3206,0009,67710,9619,3836,8323,6915,2901,947
total long term liabilities96,713159,246215,380312,327234,386253,827269,4086,0009,67710,9619,3836,8323,6915,29014,747
total liabilities2,501,4702,423,2981,834,4572,095,0731,546,1391,721,5091,366,0141,232,2141,086,3751,712,6403,213,2672,393,361962,7271,150,7691,085,007
net assets2,798,7222,961,0233,007,0272,526,9841,920,3071,667,1951,518,9241,517,1061,202,319981,301879,372702,945494,511543,744516,311
total shareholders funds2,798,7222,961,0233,007,0272,526,9841,920,3071,667,1951,518,9241,517,1061,202,319981,301879,372702,945494,511543,744516,311
Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Operating Activities
Operating Profit-500,054-96,723600,662765,492327,308197,3566,183390,759194,024123,341224,407272,623-50,15337,146674,629
Depreciation31,45323,23734,92515,40818,57919,03318,99712,59316,31717,11815,75211,30310,8488,3146,361
Amortisation00000000000099,999100,0000
Tax00-112,603-142,307-59,372-34,780-425-78,697-39,598-27,095-52,699-65,8210-10,668-189,082
Stock36,379-118,686-28,06520,86077,875-59,382-6,31151,755-188,601-232,121-36,352374,03935,26053,939196,458
Debtors-280,328329,264-53,548328,92913,017768,141916,696-150,338-284,159-466,898-71,4291,116,239-314,40367,128848,388
Creditors859490,082-33,594120,545-254,659149,015-318,886187,604-1,365,502-1,502,205817,3551,427,493-186,44375,2191,070,260
Accruals and Deferred Income167,172144,646-125,075344,11997,480222,061174,778-38,088740,521000000
Deferred Taxes & Provisions68,0084,76614,774377-2,701-8316,320-3,677-1,2841,5782,5513,141-1,5993,3431,947
Cash flow from operations11,387355,430460,702753,84535,743-156,905-1,023,418569,07717,238-688,2441,115,147158,461151,79592,287519,269
Investing Activities
capital expenditure-364,528-67,061-20,061-17,390-4,365-14,658-53,8399,191-71,775-16,032-35,510-9,839-17,999-229,258-297,383
Change in Investments000000000000000
cash flow from investments-364,528-67,061-20,061-17,390-4,365-14,658-53,8399,191-71,775-16,032-35,510-9,839-17,999-229,258-297,383
Financing Activities
Bank loans-27,32610,247-5,0006,3291,25014,500000000000
Group/Directors Accounts000000000000000
Other Short Term Loans 000000000000000
Long term loans-130,541-60,900-111,72177,564-16,740-14,750257,08800000000
Hire Purchase and Lease Commitments000000000000000
other long term liabilities0000000000000-12,80012,800
share issue257,761000008062,6250000030,100
interest79,99250,720-8,016-16,508-14,824-14,305-3,9492,7253,9675,6834,7191,632920955664
cash flow from financing179,88667-124,73767,385-30,314-14,555253,1472,72566,5925,6834,7191,632920-11,84543,564
cash and cash equivalents
cash-173,255288,435315,904803,8401,064-200,618-809,609580,99312,055-698,5931,084,356150,254134,716-148,816265,450
overdraft00000-14,50014,50000000000
change in cash-173,255288,435315,904803,8401,064-186,118-824,109580,99312,055-698,5931,084,356150,254134,716-148,816265,450

wolverson x-ray 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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Wolverson X-ray Limited Competitor Analysis

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Perform a competitor analysis for wolverson x-ray limited by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other mid companies, companies in WV13 area or any other competitors across 12 key performance metrics.

wolverson x-ray limited Ownership

WOLVERSON X-RAY LIMITED group structure

Wolverson X-Ray Limited has no subsidiary companies.

Ultimate parent company

1 parent

WOLVERSON X-RAY LIMITED

03997914

WOLVERSON X-RAY LIMITED Shareholders

wolverson holdings limited 100%

wolverson x-ray limited directors

Wolverson X-Ray Limited currently has 3 directors. The longest serving directors include Mr Frank Cousins (May 2017) and Mr Andrew Hodgetts (May 2017).

officercountryagestartendrole
Mr Frank Cousins62 years May 2017- Director
Mr Andrew Hodgetts67 years May 2017- Director
Mr Graham Haslam56 years May 2017- Director

P&L

March 2024

turnover

5.8m

-11%

operating profit

-500.1k

0%

gross margin

37.4%

-7.55%

turnover

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

Balance Sheet

March 2024

net assets

2.8m

-0.05%

total assets

5.3m

-0.02%

cash

1.6m

-0.1%

net assets

Total assets minus all liabilities

wolverson x-ray limited company details

company number

03997914

Type

Private limited with Share Capital

industry

47749 - Retail sale of medical and orthopaedic goods (other than hearing aids) n.e.c., in specialised stores

incorporation date

May 2000

age

24

incorporated

UK

ultimate parent company

accounts

Total Exemption Full

last accounts submitted

March 2024

previous names

gw 522 limited (July 2003)

accountant

-

auditor

-

address

willenhall business park, walsall street, willenhall, west midlands, WV13 2DY

Bank

NATIONAL WESTMINSTER BANK PLC

Legal Advisor

-

wolverson x-ray 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 found 5 charges/mortgages relating to wolverson x-ray limited. Currently there are 2 open charges and 3 have been satisfied in the past.

wolverson x-ray 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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wolverson x-ray limited Companies House Filings - See Documents

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