Wright & Co Partnership Limited

POWER SEARCH PRICING

SOLUTIONS

wright & co partnership limited Company Information

Live

MatureSmallHigh

Company Number

04492483

Website

www.wright-co.com

Registered Address

the squires, 5 walsall street, wednesbury, west midlands, WS10 9BZ

Industry

Accounting, and auditing activities

Telephone

01215561072

Next Accounts Due

March 2025

Group Structure

View All

Directors

Michael Atkinson22 Years

Geoffrey Whiting22 Years

Shareholders

michael atkinson 50%

geoffrey lawrence whiting 50%

View All

wright & co partnership limited Estimated Valuation

£1.8m

Pomanda estimates the enterprise value of WRIGHT & CO PARTNERSHIP LIMITED at £1.8m based on a Turnover of £1.9m and 0.95x industry multiple (adjusted for size and gross margin).

Edit your figures and get a professional valuation report.

Wright & Co Partnership Limited is a live company located in wednesbury, WS10 9BZ with a Companies House number of 04492483. It operates in the accounting and auditing activities sector, SIC Code 69201. Founded in July 2002, it's largest shareholder is michael atkinson with a 50% stake. Wright & Co Partnership Limited is a mature, small sized company, Pomanda has estimated its turnover at £1.9m with high growth in recent years.

View Sample

Upgrade for unlimited company reports & a free credit check

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

Health Rating3.5out of 5

4 Strong

3 Regular

4 Weak

Size

annual sales of £1.9m, make it larger than the average company (£138.9k)

Growth

3 year (CAGR) sales growth of 29%, show it is growing at a faster rate (6%)

EXPORT

Wright & Co Partnership Limited's latest turnover from June 2023 is estimated at £1.9 million and the company has net assets of -£84.9 thousand. According to their latest financial statements, Wright & Co Partnership Limited has 16 employees and maintains cash reserves of £28.3 thousand as reported in the balance sheet.

Data source: Companies House, Pomanda Estimates

	Jun 2023	Jun 2022	Jun 2021	Jun 2020	Jun 2019	Jun 2018	Jun 2017	Jun 2016	Jun 2015	Jun 2014	Jun 2013	Jun 2012	Jun 2011	Jun 2010
Turnover	1,898,390	952,292	844,038	889,338	931,510	791,245	928,903	827,698	1,497,583	1,487,069	2,056,861	1,929,813	1,298,270	2,374,765
Other Income Or Grants	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Cost Of Sales	488,151	327,427	290,639	280,816	117,121	67,747	63,720	67,683	229,068	185,581	241,410	255,322	119,499	236,582
Gross Profit	1,410,239	624,865	553,398	608,523	814,388	723,498	865,183	760,015	1,268,514	1,301,489	1,815,452	1,674,491	1,178,771	2,138,183
Admin Expenses	1,557,873	453,172	655,850	604,297	809,538	689,772	855,176	777,041	1,283,522	1,307,286	1,808,566	1,674,245	1,304,792	1,886,185
Operating Profit	-147,634	171,693	-102,452	4,226	4,850	33,726	10,007	-17,026	-15,008	-5,797	6,886	246	-126,021	251,998
Interest Payable	14,576	4,235	3,117	5,465	7,445	6,631	6,112	3,076	0	0	0	0	0	0
Interest Receivable	1,425	799	51	1	2	2	1	1	19	170	153	181	180	0
Pre-Tax Profit	-160,786	168,257	-105,518	-1,237	-2,594	27,096	3,896	-20,101	-14,989	-5,627	7,039	428	-125,841	251,999
Tax	0	-31,969	0	0	0	-5,148	-740	0	0	0	-1,619	-103	0	-70,560
Profit After Tax	-160,786	136,288	-105,518	-1,237	-2,594	21,948	3,156	-20,101	-14,989	-5,627	5,420	325	-125,841	181,439
Dividends Paid	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Retained Profit	-160,786	136,288	-105,518	-1,237	-2,594	21,948	3,156	-20,101	-14,989	-5,627	5,420	325	-125,841	181,439
Employee Costs	314,872	334,125	405,192	417,875	443,703	433,934	396,561	391,853	642,699	744,694	1,007,767	969,263	635,808	918,964
Number Of Employees	16	15	18	18	18	18	17	14	23	25	36	36	24	40
EBITDA*	-147,634	171,693	-90,018	14,353	22,850	47,841	23,389	2,770	5,492	-5,797	24,758	16,656	-110,546	268,943

* Earnings Before Interest, Tax, Depreciation and Amortisation

	Jun 2023	Jun 2022	Jun 2021	Jun 2020	Jun 2019	Jun 2018	Jun 2017	Jun 2016	Jun 2015	Jun 2014	Jun 2013	Jun 2012	Jun 2011	Jun 2010
Tangible Assets	27,677	20,492	17,886	18,107	16,031	5,358	5,814	10,291	16,394	21,162	13,320	10,059	8,954	7,737
Intangible Assets	35,000	17,500	17,500	17,500	17,500	27,500	37,500	47,500	57,500	67,500	77,500	87,500	98,500	107,500
Investments & Other	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Debtors (Due After 1 year)	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Total Fixed Assets	62,677	37,992	35,386	35,607	33,531	32,858	43,314	57,791	73,894	88,662	90,820	97,559	107,454	115,237
Stock & work in progress	67,500	80,363	80,363	73,259	62,479	43,080	40,252	62,926	46,650	40,000	75,000	38,000	15,000	10,000
Trade Debtors	590,914	265,109	213,969	199,971	228,497	172,678	206,115	151,661	230,046	217,241	300,048	266,457	210,720	322,205
Group Debtors	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Misc Debtors	87,024	0	67,057	163,768	122,720	139,288	68,338	44,290	0	0	0	0	0	0
Cash	28,274	28,710	99,168	2,154	207	244	417	350	45	7,515	60,507	620	71,907	147
misc current assets	125,698	116,231	0	0	0	0	0	0	0	0	0	0	0	0
total current assets	899,410	490,413	460,557	439,152	413,903	355,290	315,122	259,227	276,741	264,756	435,555	305,077	297,627	332,352
total assets	962,087	528,405	495,943	474,759	447,434	388,148	358,436	317,018	350,635	353,418	526,375	402,636	405,081	447,589
Bank overdraft	188,729	76,297	40,540	61,655	117,511	103,093	100,952	94,636	0	0	0	0	0	0
Bank loan	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Trade Creditors	0	0	43,733	39,939	49,580	36,484	60,584	46,405	308,304	296,098	464,929	346,610	349,380	266,048
Group/Directors Accounts	0	0	0	0	0	0	0	13,753	0	0	0	0	0	0
other short term finances	0	0	0	0	0	0	0	0	0	0	0	0	0	0
hp & lease commitments	0	0	0	0	0	0	0	0	0	0	0	0	0	0
other current liabilities	597,517	187,666	388,260	329,662	235,603	201,237	171,514	139,994	0	0	0	0	0	0
total current liabilities	786,246	263,963	472,533	431,256	402,694	340,814	333,050	294,788	308,304	296,098	464,929	346,610	349,380	266,048
loans	0	0	0	0	0	0	0	0	0	0	0	0	0	0
hp & lease commitments	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Accruals and Deferred Income	0	0	0	0	0	0	0	0	0	0	0	0	0	0
other liabilities	260,734	190,161	85,417	0	0	0	0	0	0	0	0	0	0	0
provisions	0	0	0	0	0	0	0	0	0	0	0	0	0	0
total long term liabilities	260,734	190,161	85,417	0	0	0	0	0	0	0	0	0	0	0
total liabilities	1,046,980	454,124	557,950	431,256	402,694	340,814	333,050	294,788	308,304	296,098	464,929	346,610	349,380	266,048
net assets	-84,893	74,281	-62,007	43,503	44,740	47,334	25,386	22,230	42,331	57,320	61,446	56,026	55,701	181,541
total shareholders funds	-84,893	74,281	-62,007	43,503	44,740	47,334	25,386	22,230	42,331	57,320	61,446	56,026	55,701	181,541

	Jun 2023	Jun 2022	Jun 2021	Jun 2020	Jun 2019	Jun 2018	Jun 2017	Jun 2016	Jun 2015	Jun 2014	Jun 2013	Jun 2012	Jun 2011	Jun 2010
Operating Activities
Operating Profit	-147,634	171,693	-102,452	4,226	4,850	33,726	10,007	-17,026	-15,008	-5,797	6,886	246	-126,021	251,998
Depreciation	0	0	12,434	10,127	8,000	4,115	3,382	9,796	10,500	0	7,872	5,410	4,475	4,445
Amortisation	0	0	0	0	10,000	10,000	10,000	10,000	10,000	0	10,000	11,000	11,000	12,500
Tax	0	-31,969	0	0	0	-5,148	-740	0	0	0	-1,619	-103	0	-70,560
Stock	-12,863	0	7,104	10,780	19,399	2,828	-22,674	16,276	6,650	-35,000	37,000	23,000	5,000	10,000
Debtors	412,829	-15,917	-82,713	12,522	39,251	37,513	78,502	-34,095	12,805	-82,807	33,591	55,737	-111,485	322,205
Creditors	0	-43,733	3,794	-9,641	13,096	-24,100	14,179	-261,899	12,206	-168,831	118,319	-2,770	83,332	266,048
Accruals and Deferred Income	409,851	-200,594	58,598	94,059	34,366	29,723	31,520	139,994	0	0	0	0	0	0
Deferred Taxes & Provisions	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Cash flow from operations	-137,749	-88,686	47,983	75,469	11,662	7,975	12,520	-101,316	-1,757	-56,821	70,867	-64,954	79,271	132,226
Investing Activities
capital expenditure	-24,685	-2,606	-12,213	-12,203	-18,673	-3,659	1,095	-3,693	-5,732	2,158	-11,133	-6,515	-7,692	-132,182
Change in Investments	0	0	0	0	0	0	0	0	0	0	0	0	0	0
cash flow from investments	-24,685	-2,606	-12,213	-12,203	-18,673	-3,659	1,095	-3,693	-5,732	2,158	-11,133	-6,515	-7,692	-132,182
Financing Activities
Bank loans	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Group/Directors Accounts	0	0	0	0	0	0	-13,753	13,753	0	0	0	0	0	0
Other Short Term Loans	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Long term loans	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Hire Purchase and Lease Commitments	0	0	0	0	0	0	0	0	0	0	0	0	0	0
other long term liabilities	70,573	104,744	85,417	0	0	0	0	0	0	0	0	0	0	0
share issue	1,612	0	8	0	0	0	0	0	0	1,501	0	0	1	102
interest	-13,151	-3,436	-3,066	-5,464	-7,443	-6,629	-6,111	-3,075	19	170	153	181	180	0
cash flow from financing	59,034	101,308	82,359	-5,464	-7,443	-6,629	-19,864	10,678	19	1,671	153	181	181	102
cash and cash equivalents
cash	-436	-70,458	97,014	1,947	-37	-173	67	305	-7,470	-52,992	59,887	-71,287	71,760	147
overdraft	112,432	35,757	-21,115	-55,856	14,418	2,141	6,316	94,636	0	0	0	0	0	0
change in cash	-112,868	-106,215	118,129	57,803	-14,455	-2,314	-6,249	-94,331	-7,470	-52,992	59,887	-71,287	71,760	147

Very Low Risk70 - 100

Low Risk50 - 70

Moderate Risk30 - 50

High Risk20 - 30

Very High Risk0 - 20

Get a comprehensive credit check for wright & co partnership limited. Get real-time insights into wright & co partnership 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 wright & co partnership limited by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other small companies, companies in WS10 area or any other competitors across 12 key performance metrics.

WRIGHT & CO PARTNERSHIP LIMITED group structure

Wright & Co Partnership Limited has no subsidiary companies.

Ultimate parent company

WRIGHT & CO PARTNERSHIP LIMITED

04492483

WRIGHT & CO PARTNERSHIP LIMITED Shareholders

michael atkinson	50%
geoffrey lawrence whiting	50%
geoffrey lawrence whiting & michael atkinson	0%
nicola freeman	0%
marie yvette atkinson	0%
baljit raiyat	0%
sandra margaret whiting	0%

Wright & Co Partnership Limited currently has 2 directors. The longest serving directors include Mr Michael Atkinson (Jul 2002) and Mr Geoffrey Whiting (Jul 2002).

officer	country	age	start	end	role
Mr Michael Atkinson		76 years	Jul 2002	-	Director
Mr Geoffrey Whiting	United Kingdom	74 years	Jul 2002	-	Director

P&L

June 2023

turnover

1.9m

+99%

operating profit

-147.6k

gross margin

74.3%

+13.21%

turnover

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

Balance Sheet

June 2023

net assets

-84.9k

-2.14%

total assets

962.1k

+0.82%

cash

28.3k

-0.02%

net assets

Total assets minus all liabilities

Similar Companies

amci associates ltd

neal and co business services limited

3.5

james, stanley & co limited

onyx accountants west ltd

jsa accountants ltd

company number

04492483

Type

Private limited with Share Capital

industry

69201 - Accounting, and auditing activities

incorporation date

July 2002

ultimate parent company

None

previous names

N/A

address

the squires, 5 walsall street, wednesbury, west midlands, WS10 9BZ

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 wright & co partnership limited. Currently there are 1 open charges and 0 have been satisfied in the past.

wright & co partnership limited Company Information

wright & co partnership limited Estimated Valuation

wright & co partnership limited Estimated Valuation

wright & co partnership limited Estimated Valuation

Wright & Co Partnership Limited Overview

Wright & Co Partnership Limited Health Check

WRIGHT & CO PARTNERSHIP LIMITED financials

wright & co partnership limited Credit Report and Business Information

Wright & Co Partnership Limited Competitor Analysis

wright & co partnership limited Ownership

wright & co partnership limited directors

wright & co partnership limited company details

wright & co partnership limited Charges & Mortgages

wright & co partnership limited Companies House Filings - See Documents