wetac u.k. limited
wetac u.k. limited Company Information
Company Number
05425534
Next Accounts
Sep 2025
Industry
Manufacture of batteries and accumulators
Shareholders
wetac stand-by international bv
Group Structure
View All
Contact
Registered Address
c/o alexander knight & co limite, westgate house, altrincham, cheshire, WA14 2EX
Website
www.wetac.co.ukwetac u.k. limited Estimated Valuation
Pomanda estimates the enterprise value of WETAC U.K. LIMITED at £406.5k based on a Turnover of £887.7k and 0.46x industry multiple (adjusted for size and gross margin).
wetac u.k. limited Estimated Valuation
Pomanda estimates the enterprise value of WETAC U.K. LIMITED at £657.1k based on an EBITDA of £220.7k and a 2.98x industry multiple (adjusted for size and gross margin).
wetac u.k. limited Estimated Valuation
Pomanda estimates the enterprise value of WETAC U.K. LIMITED at £361.4k based on Net Assets of £221.8k and 1.63x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Wetac U.k. Limited Overview
Wetac U.k. Limited is a live company located in altrincham, WA14 2EX with a Companies House number of 05425534. It operates in the manufacture of batteries and accumulators sector, SIC Code 27200. Founded in April 2005, it's largest shareholder is wetac stand-by international bv with a 100% stake. Wetac U.k. Limited is a established, small sized company, Pomanda has estimated its turnover at £887.7k with rapid growth in recent years.
Upgrade for unlimited company reports & a free credit check
Wetac U.k. Limited Health Check
Pomanda's financial health check has awarded Wetac U.K. Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 6 measures and has 4 areas for improvement. Company Health Check FAQs
6 Strong
1 Regular
4 Weak
Size
annual sales of £887.7k, make it smaller than the average company (£15.2m)
- Wetac U.k. Limited
£15.2m - Industry AVG
Growth
3 year (CAGR) sales growth of 36%, show it is growing at a faster rate (3.9%)
- Wetac U.k. Limited
3.9% - Industry AVG
Production
with a gross margin of 11.6%, this company has a higher cost of product (20.5%)
- Wetac U.k. Limited
20.5% - Industry AVG
Profitability
an operating margin of 24.4% make it more profitable than the average company (4.9%)
- Wetac U.k. Limited
4.9% - Industry AVG
Employees
with 3 employees, this is below the industry average (68)
3 - Wetac U.k. Limited
68 - Industry AVG
Pay Structure
on an average salary of £41.6k, the company has an equivalent pay structure (£41.6k)
- Wetac U.k. Limited
£41.6k - Industry AVG
Efficiency
resulting in sales per employee of £295.9k, this is more efficient (£202k)
- Wetac U.k. Limited
£202k - Industry AVG
Debtor Days
it gets paid by customers after 138 days, this is later than average (67 days)
- Wetac U.k. Limited
67 days - Industry AVG
Creditor Days
its suppliers are paid after 88 days, this is slower than average (51 days)
- Wetac U.k. Limited
51 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Wetac U.k. Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 18 weeks, this is more cash available to meet short term requirements (7 weeks)
18 weeks - Wetac U.k. Limited
7 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 46.2%, this is a lower level of debt than the average (69.8%)
46.2% - Wetac U.k. Limited
69.8% - Industry AVG
WETAC U.K. LIMITED financials
Wetac U.K. Limited's latest turnover from December 2023 is estimated at £887.7 thousand and the company has net assets of £221.8 thousand. According to their latest financial statements, Wetac U.K. Limited has 3 employees and maintains cash reserves of £67.9 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 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 | 4 | 4 | 4 | 4 | 3 | 2 | ||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 7,310 | 11,479 | 15,799 | 20,192 | 1,060 | 1,479 | 751 | 1,356 | 1,373 | 2,533 | 14,623 | 19,616 | 23,266 | 25,056 | 32,238 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 5,624 | 233 | 218 | 281 | 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 | 0 |
| Total Fixed Assets | 7,310 | 11,479 | 15,799 | 20,192 | 1,060 | 7,103 | 984 | 1,574 | 1,654 | 2,533 | 14,623 | 19,616 | 23,266 | 25,056 | 32,238 |
| Stock & work in progress | 0 | 0 | 136 | 3,784 | 3,784 | 3,797 | 3,766 | 4,015 | 4,632 | 4,749 | 4,721 | 4,726 | 5,137 | 5,470 | 8,753 |
| Trade Debtors | 337,298 | 211,556 | 218,317 | 79,240 | 134,011 | 160,507 | 321,751 | 274,971 | 257,315 | 254,543 | 495,477 | 522,719 | 539,058 | 259,199 | 387,583 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 67,884 | 130,620 | 69,190 | 15,132 | 22,944 | 35,784 | 5,022 | 33,147 | 46,088 | 42,373 | 6,360 | 47,365 | 13,754 | 22,235 | 21,516 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 352 | 618 | 8,274 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 405,182 | 342,176 | 287,643 | 98,156 | 160,739 | 200,088 | 330,891 | 312,751 | 316,309 | 301,665 | 506,558 | 574,810 | 557,949 | 286,904 | 417,852 |
| total assets | 412,492 | 353,655 | 303,442 | 118,348 | 161,799 | 207,191 | 331,875 | 314,325 | 317,963 | 304,198 | 521,181 | 594,426 | 581,215 | 311,960 | 450,090 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 190,659 | 298,107 | 297,656 | 130,582 | 160,703 | 189,840 | 289,786 | 276,142 | 284,211 | 291,845 | 528,094 | 608,572 | 745,995 | 534,399 | 602,708 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 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 | 0 |
| other current liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 190,659 | 298,107 | 297,656 | 130,582 | 160,703 | 189,840 | 289,786 | 276,142 | 284,211 | 291,845 | 528,094 | 608,572 | 745,995 | 534,399 | 602,708 |
| loans | 0 | 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 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 8,680 | 8,715 | 9,953 | 8,037 | 7,673 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 8,881 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 8,680 | 8,715 | 9,953 | 8,037 | 7,673 | 8,881 | 0 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 190,659 | 298,107 | 297,656 | 139,262 | 169,418 | 199,793 | 297,823 | 283,815 | 293,092 | 291,845 | 528,094 | 608,572 | 745,995 | 534,399 | 602,708 |
| net assets | 221,833 | 55,548 | 5,786 | -20,914 | -7,619 | 7,398 | 34,052 | 30,510 | 24,871 | 12,353 | -6,913 | -14,146 | -164,780 | -222,439 | -152,618 |
| total shareholders funds | 221,833 | 55,548 | 5,786 | -20,914 | -7,619 | 7,398 | 34,052 | 30,510 | 24,871 | 12,353 | -6,913 | -14,146 | -164,780 | -222,439 | -152,618 |
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | |||||||||||||||
| Depreciation | 4,169 | 4,320 | 4,392 | 1,268 | 419 | 492 | 605 | 891 | 1,160 | 4,841 | 6,323 | 6,217 | 7,303 | 8,939 | 8,524 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | |||||||||||||||
| Stock | 0 | -136 | -3,648 | 0 | -13 | 31 | -249 | -617 | -117 | 28 | -5 | -411 | -333 | -3,283 | 8,753 |
| Debtors | 125,742 | -6,761 | 139,077 | -54,771 | -26,496 | -161,244 | 46,780 | 17,656 | 2,772 | -240,934 | -27,242 | -16,339 | 279,859 | -128,384 | 387,583 |
| Creditors | -107,448 | 451 | 167,074 | -30,121 | -29,137 | -99,946 | 13,644 | -8,069 | -7,634 | -236,249 | -80,478 | -137,423 | 211,596 | -68,309 | 602,708 |
| Accruals and Deferred Income | 0 | 0 | -8,680 | -35 | -1,238 | 1,916 | 364 | 7,673 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | |||||||||||||||
| Investing Activities | |||||||||||||||
| capital expenditure | |||||||||||||||
| Change in Investments | 0 | 0 | 0 | 0 | -5,624 | 5,391 | 15 | -63 | 281 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | |||||||||||||||
| Financing Activities | |||||||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 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 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -8,881 | 8,881 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||||||||||||
| interest | |||||||||||||||
| cash flow from financing | |||||||||||||||
| cash and cash equivalents | |||||||||||||||
| cash | -62,736 | 61,430 | 54,058 | -7,812 | -12,840 | 30,762 | -28,125 | -12,941 | 3,715 | 36,013 | -41,005 | 33,611 | -8,481 | 719 | 21,516 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -62,736 | 61,430 | 54,058 | -7,812 | -12,840 | 30,762 | -28,125 | -12,941 | 3,715 | 36,013 | -41,005 | 33,611 | -8,481 | 719 | 21,516 |
wetac u.k. limited Credit Report and Business Information
Wetac U.k. Limited Competitor Analysis
Perform a competitor analysis for wetac u.k. limited by selecting its closest rivals, whether from the MANUFACTURING sector, other small companies, companies in WA14 area or any other competitors across 12 key performance metrics.
wetac u.k. limited Ownership
WETAC U.K. LIMITED group structure
Wetac U.K. Limited has no subsidiary companies.
Ultimate parent company
WETAC STAND-BY INTERNATIONAL BV
#0066352
1 parent
WETAC U.K. LIMITED
05425534
wetac u.k. limited directors
Wetac U.K. Limited currently has 3 directors. The longest serving directors include Mr Marcel Van Rossum (Apr 2005) and Mr Martinus Van Wijngaarden (Apr 2005).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Marcel Van Rossum | Netherlands | 58 years | Apr 2005 | - | Director |
| Mr Martinus Van Wijngaarden | Netherlands | 56 years | Apr 2005 | - | Director |
| Mr Jeroen Pietryga | England | 50 years | Sep 2024 | - | Director |
P&L
December 2023turnover
887.7k
+18%
operating profit
216.5k
0%
gross margin
11.7%
-12.94%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
221.8k
+2.99%
total assets
412.5k
+0.17%
cash
67.9k
-0.48%
net assets
Total assets minus all liabilities
wetac u.k. limited company details
company number
05425534
Type
Private limited with Share Capital
industry
27200 - Manufacture of batteries and accumulators
incorporation date
April 2005
age
19
incorporated
UK
ultimate parent company
accounts
Audited Abridged
last accounts submitted
December 2023
previous names
N/A
accountant
ALEXANDER KNIGHT & CO LTD
auditor
-
address
c/o alexander knight & co limite, westgate house, altrincham, cheshire, WA14 2EX
Bank
-
Legal Advisor
-
wetac u.k. 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 wetac u.k. limited.
wetac u.k. 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.
Click to start generating capital raising & share issue transactions for WETAC U.K. LIMITED. This can take several minutes, an email will notify you when this has completed.
wetac u.k. limited Companies House Filings - See Documents
| date | description | view/download |
|---|
