wrightway pressure cleaning services limited
wrightway pressure cleaning services limited Company Information
Group Structure
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Industry
Cleaning services (other than disinfecting and extermination services) n.e.c.
Registered Address
durham house 38 street lane, denby, derbyshire, DE5 8NE
Website
www.wrightway-services.co.ukwrightway pressure cleaning services limited Estimated Valuation
Pomanda estimates the enterprise value of WRIGHTWAY PRESSURE CLEANING SERVICES LIMITED at £77.9k based on a Turnover of £115.1k and 0.68x industry multiple (adjusted for size and gross margin).
wrightway pressure cleaning services limited Estimated Valuation
Pomanda estimates the enterprise value of WRIGHTWAY PRESSURE CLEANING SERVICES LIMITED at £16.9k based on an EBITDA of £4.6k and a 3.65x industry multiple (adjusted for size and gross margin).
wrightway pressure cleaning services limited Estimated Valuation
Pomanda estimates the enterprise value of WRIGHTWAY PRESSURE CLEANING SERVICES LIMITED at £0 based on Net Assets of £-3.6k and 2.27x industry multiple (adjusted for liquidity).
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Wrightway Pressure Cleaning Services Limited Overview
Wrightway Pressure Cleaning Services Limited is a live company located in derbyshire, DE5 8NE with a Companies House number of 05270250. It operates in the other cleaning services sector, SIC Code 81299. Founded in October 2004, it's largest shareholder is j.r. wright with a 100% stake. Wrightway Pressure Cleaning Services Limited is a mature, micro sized company, Pomanda has estimated its turnover at £115.1k with declining growth in recent years.
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Wrightway Pressure Cleaning Services Limited Health Check
Pomanda's financial health check has awarded Wrightway Pressure Cleaning Services Limited a 2.5 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 7 areas for improvement. Company Health Check FAQs
2 Strong
3 Regular
7 Weak
Size
annual sales of £115.1k, make it smaller than the average company (£185.2k)
- Wrightway Pressure Cleaning Services Limited
£185.2k - Industry AVG
Growth
3 year (CAGR) sales growth of -42%, show it is growing at a slower rate (6.5%)
- Wrightway Pressure Cleaning Services Limited
6.5% - Industry AVG
Production
with a gross margin of 31.5%, this company has a comparable cost of product (31.5%)
- Wrightway Pressure Cleaning Services Limited
31.5% - Industry AVG
Profitability
an operating margin of -0.6% make it less profitable than the average company (5.2%)
- Wrightway Pressure Cleaning Services Limited
5.2% - Industry AVG
Employees
with 3 employees, this is below the industry average (10)
3 - Wrightway Pressure Cleaning Services Limited
10 - Industry AVG
Pay Structure
on an average salary of £14.6k, the company has an equivalent pay structure (£14.6k)
- Wrightway Pressure Cleaning Services Limited
£14.6k - Industry AVG
Efficiency
resulting in sales per employee of £38.4k, this is more efficient (£26k)
- Wrightway Pressure Cleaning Services Limited
£26k - Industry AVG
Debtor Days
it gets paid by customers after 39 days, this is near the average (41 days)
- Wrightway Pressure Cleaning Services Limited
41 days - Industry AVG
Creditor Days
its suppliers are paid after 57 days, this is slower than average (27 days)
- Wrightway Pressure Cleaning Services Limited
27 days - Industry AVG
Stock Days
it holds stock equivalent to 17 days, this is more than average (3 days)
- Wrightway Pressure Cleaning Services Limited
3 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 12 weeks, this is less cash available to meet short term requirements (21 weeks)
12 weeks - Wrightway Pressure Cleaning Services Limited
21 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 105.7%, this is a higher level of debt than the average (58.4%)
105.7% - Wrightway Pressure Cleaning Services Limited
58.4% - Industry AVG
WRIGHTWAY PRESSURE CLEANING SERVICES LIMITED financials
Wrightway Pressure Cleaning Services Limited's latest turnover from October 2023 is estimated at £115.1 thousand and the company has net assets of -£3.6 thousand. According to their latest financial statements, Wrightway Pressure Cleaning Services Limited has 3 employees and maintains cash reserves of £15.8 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Oct 2023 | Oct 2022 | Oct 2021 | Oct 2020 | Oct 2019 | Oct 2018 | Oct 2017 | Oct 2016 | Oct 2015 | Oct 2014 | Oct 2013 | Oct 2012 | Oct 2011 | Oct 2010 | Oct 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | |||||||||||||||
| Other Income Or Grants | |||||||||||||||
| Cost Of Sales | |||||||||||||||
| Gross Profit | |||||||||||||||
| Admin Expenses | |||||||||||||||
| Operating Profit | |||||||||||||||
| Interest Payable | |||||||||||||||
| Interest Receivable | |||||||||||||||
| Pre-Tax Profit | |||||||||||||||
| Tax | |||||||||||||||
| Profit After Tax | |||||||||||||||
| Dividends Paid | |||||||||||||||
| Retained Profit | |||||||||||||||
| Employee Costs | |||||||||||||||
| Number Of Employees | 3 | 3 | 3 | 3 | 5 | 6 | 6 | 5 | |||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Oct 2023 | Oct 2022 | Oct 2021 | Oct 2020 | Oct 2019 | Oct 2018 | Oct 2017 | Oct 2016 | Oct 2015 | Oct 2014 | Oct 2013 | Oct 2012 | Oct 2011 | Oct 2010 | Oct 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 14,259 | 10,191 | 11,470 | 13,127 | 16,423 | 12,524 | 13,610 | 12,778 | 16,943 | 21,559 | 24,124 | 18,976 | 16,435 | 12,985 | 12,903 |
| Intangible Assets | 5,650 | 7,100 | 8,550 | 10,000 | 11,450 | 12,900 | 14,350 | 8,800 | 9,900 | 11,000 | 12,100 | 13,200 | 14,300 | 15,400 | 16,500 |
| Investments & Other | |||||||||||||||
| Debtors (Due After 1 year) | |||||||||||||||
| Total Fixed Assets | 19,909 | 17,291 | 20,020 | 23,127 | 27,873 | 25,424 | 27,960 | 21,578 | 26,843 | 32,559 | 36,224 | 32,176 | 30,735 | 28,385 | 29,403 |
| Stock & work in progress | 3,687 | 3,579 | 3,475 | 20,871 | 19,562 | 22,524 | 38,153 | 6,702 | 6,507 | 4,375 | 4,248 | 4,124 | 2,430 | 3,107 | 4,398 |
| Trade Debtors | 12,575 | 14,324 | 31,947 | 19,909 | 57,133 | 22,170 | 25,332 | 13,701 | 20,299 | 28,627 | 22,762 | 30,660 | 55,080 | 47,644 | 80,940 |
| Group Debtors | |||||||||||||||
| Misc Debtors | 11,162 | 9,085 | 8,071 | 16,385 | 8,315 | ||||||||||
| Cash | 15,801 | 9,411 | 11,919 | 3 | 3 | 8,717 | 2 | 55,812 | 1 | 15,672 | 28,734 | 38,978 | 5,799 | 17,657 | 17,488 |
| misc current assets | |||||||||||||||
| total current assets | 43,225 | 36,399 | 47,341 | 40,783 | 76,698 | 61,482 | 79,872 | 84,530 | 26,807 | 48,674 | 55,744 | 73,762 | 63,309 | 68,408 | 102,826 |
| total assets | 63,134 | 53,690 | 67,361 | 63,910 | 104,571 | 86,906 | 107,832 | 106,108 | 53,650 | 81,233 | 91,968 | 105,938 | 94,044 | 96,793 | 132,229 |
| Bank overdraft | 7,720 | ||||||||||||||
| Bank loan | |||||||||||||||
| Trade Creditors | 12,477 | 11,223 | 71,479 | 77,838 | 117,539 | 28,178 | 44,898 | 36,063 | 67,489 | 80,908 | 89,464 | 95,346 | 89,541 | 86,805 | 95,283 |
| Group/Directors Accounts | |||||||||||||||
| other short term finances | |||||||||||||||
| hp & lease commitments | |||||||||||||||
| other current liabilities | 54,265 | 46,068 | 66,494 | 55,054 | 64,355 | ||||||||||
| total current liabilities | 66,742 | 57,291 | 71,479 | 77,838 | 117,539 | 94,672 | 107,672 | 100,418 | 67,489 | 80,908 | 89,464 | 95,346 | 89,541 | 86,805 | 95,283 |
| loans | |||||||||||||||
| hp & lease commitments | |||||||||||||||
| Accruals and Deferred Income | |||||||||||||||
| other liabilities | |||||||||||||||
| provisions | |||||||||||||||
| total long term liabilities | |||||||||||||||
| total liabilities | 66,742 | 57,291 | 71,479 | 77,838 | 117,539 | 94,672 | 107,672 | 100,418 | 67,489 | 80,908 | 89,464 | 95,346 | 89,541 | 86,805 | 95,283 |
| net assets | -3,608 | -3,601 | -4,118 | -13,928 | -12,968 | -7,766 | 160 | 5,690 | -13,839 | 325 | 2,504 | 10,592 | 4,503 | 9,988 | 36,946 |
| total shareholders funds | -3,608 | -3,601 | -4,118 | -13,928 | -12,968 | -7,766 | 160 | 5,690 | -13,839 | 325 | 2,504 | 10,592 | 4,503 | 9,988 | 36,946 |
| Oct 2023 | Oct 2022 | Oct 2021 | Oct 2020 | Oct 2019 | Oct 2018 | Oct 2017 | Oct 2016 | Oct 2015 | Oct 2014 | Oct 2013 | Oct 2012 | Oct 2011 | Oct 2010 | Oct 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | |||||||||||||||
| Depreciation | 3,857 | 2,927 | 3,307 | 3,866 | 4,882 | 3,435 | 3,814 | 3,618 | 4,616 | 5,899 | 6,709 | 5,344 | 4,574 | 3,868 | 3,861 |
| Amortisation | 1,450 | 1,450 | 1,450 | 1,450 | 1,450 | 1,450 | 1,450 | 1,100 | 1,100 | 1,100 | 1,100 | 1,100 | 1,100 | 1,100 | 1,100 |
| Tax | |||||||||||||||
| Stock | 108 | 104 | -17,396 | 1,309 | -2,962 | -15,629 | 31,451 | 195 | 2,132 | 127 | 124 | 1,694 | -677 | -1,291 | 4,398 |
| Debtors | 328 | -8,538 | 12,038 | -37,224 | 26,892 | -11,476 | 19,701 | 1,717 | -8,328 | 5,865 | -7,898 | -24,420 | 7,436 | -33,296 | 80,940 |
| Creditors | 1,254 | -60,256 | -6,359 | -39,701 | 89,361 | -16,720 | 8,835 | -31,426 | -13,419 | -8,556 | -5,882 | 5,805 | 2,736 | -8,478 | 95,283 |
| Accruals and Deferred Income | 8,197 | 46,068 | -66,494 | 11,440 | -9,301 | 64,355 | |||||||||
| Deferred Taxes & Provisions | |||||||||||||||
| Cash flow from operations | |||||||||||||||
| Investing Activities | |||||||||||||||
| capital expenditure | |||||||||||||||
| Change in Investments | |||||||||||||||
| cash flow from investments | |||||||||||||||
| Financing Activities | |||||||||||||||
| Bank loans | |||||||||||||||
| Group/Directors Accounts | |||||||||||||||
| Other Short Term Loans | |||||||||||||||
| Long term loans | |||||||||||||||
| Hire Purchase and Lease Commitments | |||||||||||||||
| other long term liabilities | |||||||||||||||
| share issue | |||||||||||||||
| interest | |||||||||||||||
| cash flow from financing | |||||||||||||||
| cash and cash equivalents | |||||||||||||||
| cash | 6,390 | -2,508 | 11,916 | -8,714 | 8,715 | -55,810 | 55,811 | -15,671 | -13,062 | -10,244 | 33,179 | -11,858 | 169 | 17,488 | |
| overdraft | -7,720 | 7,720 | |||||||||||||
| change in cash | 6,390 | -2,508 | 11,916 | -8,714 | 16,435 | -63,530 | 55,811 | -15,671 | -13,062 | -10,244 | 33,179 | -11,858 | 169 | 17,488 |
wrightway pressure cleaning services limited Credit Report and Business Information
Wrightway Pressure Cleaning Services Limited Competitor Analysis
Perform a competitor analysis for wrightway pressure cleaning services limited by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other micro companies, companies in DE5 area or any other competitors across 12 key performance metrics.
wrightway pressure cleaning services limited Ownership
WRIGHTWAY PRESSURE CLEANING SERVICES LIMITED group structure
Wrightway Pressure Cleaning Services Limited has no subsidiary companies.
Ultimate parent company
WRIGHTWAY PRESSURE CLEANING SERVICES LIMITED
05270250
wrightway pressure cleaning services limited directors
Wrightway Pressure Cleaning Services Limited currently has 1 director, Mr John Wright serving since Oct 2004.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr John Wright | England | 63 years | Oct 2004 | - | Director |
P&L
October 2023turnover
115.1k
-1%
operating profit
-668.8
0%
gross margin
31.5%
+8.81%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
October 2023net assets
-3.6k
0%
total assets
63.1k
+0.18%
cash
15.8k
+0.68%
net assets
Total assets minus all liabilities
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wrightway pressure cleaning services limited company details
company number
05270250
Type
Private limited with Share Capital
industry
81299 - Cleaning services (other than disinfecting and extermination services) n.e.c.
incorporation date
October 2004
age
21
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
October 2023
previous names
N/A
accountant
YEOMANS HARRISON & ASSOCIATES LTD
auditor
-
address
durham house 38 street lane, denby, derbyshire, DE5 8NE
Bank
-
Legal Advisor
-
wrightway pressure cleaning services 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 1 charges/mortgages relating to wrightway pressure cleaning services limited. Currently there are 1 open charges and 0 have been satisfied in the past.
wrightway pressure cleaning services 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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wrightway pressure cleaning services limited Companies House Filings - See Documents
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