wiggins services limited

1.5

wiggins services limited Company Information

Share WIGGINS SERVICES LIMITED
Live 
EstablishedMicroDeclining

Company Number

06044865

Registered Address

8 peterborough road, harrow, HA1 2BQ

Industry

Electrical installation

 

Telephone

-

Next Accounts Due

December 2024

Group Structure

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Directors

Tracy Wiggins17 Years

Peter Wiggins17 Years

Shareholders

peter john wiggins 50%

tracey maria wiggins 50%

wiggins services limited Estimated Valuation

£23k

Pomanda estimates the enterprise value of WIGGINS SERVICES LIMITED at £23k based on a Turnover of £53.3k and 0.43x industry multiple (adjusted for size and gross margin).

wiggins services limited Estimated Valuation

£12.4k

Pomanda estimates the enterprise value of WIGGINS SERVICES LIMITED at £12.4k based on an EBITDA of £2.8k and a 4.47x industry multiple (adjusted for size and gross margin).

wiggins services limited Estimated Valuation

£11.6k

Pomanda estimates the enterprise value of WIGGINS SERVICES LIMITED at £11.6k based on Net Assets of £3.8k and 3.05x industry multiple (adjusted for liquidity).

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Wiggins Services Limited Overview

Wiggins Services Limited is a live company located in harrow, HA1 2BQ with a Companies House number of 06044865. It operates in the electrical installation sector, SIC Code 43210. Founded in January 2007, it's largest shareholder is peter john wiggins with a 50% stake. Wiggins Services Limited is a established, micro sized company, Pomanda has estimated its turnover at £53.3k with declining growth in recent years.

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Wiggins Services Limited Health Check

Pomanda's financial health check has awarded Wiggins Services Limited a 1.5 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

Health Check Image
Health Rating1.5out of 5
positive_score

2 Strong

positive_score

1 Regular

positive_score

7 Weak

size

Size

annual sales of £53.3k, make it smaller than the average company (£870.3k)

£53.3k - Wiggins Services Limited

£870.3k - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -6%, show it is growing at a slower rate (6.7%)

-6% - Wiggins Services Limited

6.7% - Industry AVG

production

Production

with a gross margin of 16.9%, this company has a higher cost of product (25.5%)

16.9% - Wiggins Services Limited

25.5% - Industry AVG

profitability

Profitability

an operating margin of 5.2% make it less profitable than the average company (6.5%)

5.2% - Wiggins Services Limited

6.5% - Industry AVG

employees

Employees

with 1 employees, this is below the industry average (11)

1 - Wiggins Services Limited

11 - Industry AVG

paystructure

Pay Structure

on an average salary of £41k, the company has an equivalent pay structure (£41k)

£41k - Wiggins Services Limited

£41k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £53.3k, this is less efficient (£127.4k)

£53.3k - Wiggins Services Limited

£127.4k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 47 days, this is earlier than average (60 days)

47 days - Wiggins Services Limited

60 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 159 days, this is slower than average (43 days)

159 days - Wiggins Services Limited

43 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Wiggins Services Limited

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - Wiggins Services Limited

- - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 83.6%, this is a higher level of debt than the average (64.1%)

83.6% - Wiggins Services Limited

64.1% - Industry AVG

WIGGINS SERVICES LIMITED financials

EXPORTms excel logo

Wiggins Services Limited's latest turnover from March 2023 is estimated at £53.3 thousand and the company has net assets of £3.8 thousand. According to their latest financial statements, Wiggins Services Limited has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Turnover53,27327,03226,78263,13918,62223,52731,72222,59520,75212,73416,90345,53344,41945,025
Other Income Or Grants00000000000000
Cost Of Sales44,25222,51422,43352,01515,22619,26225,86418,21716,86310,35413,54314,59416,5148,235
Gross Profit9,0204,5184,34911,1243,3954,2655,8584,3783,8892,3803,36030,93927,90536,790
Admin Expenses6,2572,7666,5608,4094,8374,3943,7389,3328821,3241,17516,69216,18816,328
Operating Profit2,7631,752-2,2112,715-1,442-1292,120-4,9543,0071,0562,18514,24711,71720,462
Interest Payable000000000000067
Interest Receivable000000941453420000
Pre-Tax Profit2,7631,752-2,2112,715-1,442-1292,129-4,9133,0521,0902,20514,24711,71720,395
Tax-525-3330-51600-4260-641-251-529-2,991-2,568-4,439
Profit After Tax2,2381,419-2,2112,199-1,442-1291,703-4,9132,4118391,67611,2569,14915,956
Dividends Paid0000000000013,0009,00016,000
Retained Profit2,2381,419-2,2112,199-1,442-1291,703-4,9132,4118391,676-1,744149-44
Employee Costs41,01339,28038,02939,18439,96438,41139,77339,57339,36037,56536,56036,49835,78136,684
Number Of Employees11111111111111
EBITDA*2,7631,752-2,2112,715-1,442-1292,120-3,3265,1771,4732,74114,84512,51421,432

* Earnings Before Interest, Tax, Depreciation and Amortisation

Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Tangible Assets16,2251,4991,7381,6482,1982,9313,7494,8836,5111,2481,6651,7922,3902,908
Intangible Assets00000000000000
Investments & Other00000000000000
Debtors (Due After 1 year)00000000000000
Total Fixed Assets16,2251,4991,7381,6482,1982,9313,7494,8836,5111,2481,6651,7922,3902,908
Stock & work in progress00000000000000
Trade Debtors6,8853,6743,29314,9783,8465,4117,2731,6012,4217182,6234232,3665,521
Group Debtors00000000000000
Misc Debtors000000000001,8710177
Cash00000006,8219,3988,7254,8553,2985,334583
misc current assets00000000000000
total current assets6,8853,6743,29314,9783,8465,4117,2738,42211,8199,4437,4785,5927,7006,281
total assets23,1105,1735,03116,6266,0448,34211,02213,30518,33010,6919,1437,38410,0909,189
Bank overdraft00000000000000
Bank loan00000000000000
Trade Creditors 19,3183,6194,89614,2805,8976,7539,30411,9219,9958,0747,365000
Group/Directors Accounts0000000000000123
other short term finances00000000000000
hp & lease commitments00000000000000
other current liabilities000000000007,2828,2437,368
total current liabilities19,3183,6194,89614,2805,8976,7539,30411,9219,9958,0747,3657,2828,2437,491
loans00000000000000
hp & lease commitments00000000000000
Accruals and Deferred Income00000000000000
other liabilities00000001,2693,30700000
provisions00000000000000
total long term liabilities00000001,2693,30700000
total liabilities19,3183,6194,89614,2805,8976,7539,30413,19013,3028,0747,3657,2828,2437,491
net assets3,7921,5541352,3461471,5891,7181155,0282,6171,7781021,8471,698
total shareholders funds3,7921,5541352,3461471,5891,7181155,0282,6171,7781021,8471,698
Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Operating Activities
Operating Profit2,7631,752-2,2112,715-1,442-1292,120-4,9543,0071,0562,18514,24711,71720,462
Depreciation00000001,6282,170417556598797970
Amortisation00000000000000
Tax-525-3330-51600-4260-641-251-529-2,991-2,568-4,439
Stock00000000000000
Debtors3,211381-11,68511,132-1,565-1,8625,672-8201,703-1,905329-72-3,3325,698
Creditors15,699-1,277-9,3848,383-856-2,551-2,6171,9261,9217097,365000
Accruals and Deferred Income0000000000-7,282-9618757,368
Deferred Taxes & Provisions00000000000000
Cash flow from operations14,726-23990-550-733-818-6,595-5804,7543,8361,96610,96514,15318,663
Investing Activities
capital expenditure-14,726239-905507338181,1340-7,4330-4290-279-3,878
Change in Investments00000000000000
cash flow from investments-14,726239-905507338181,1340-7,4330-4290-279-3,878
Financing Activities
Bank loans00000000000000
Group/Directors Accounts000000000000-123123
Other Short Term Loans 00000000000000
Long term loans00000000000000
Hire Purchase and Lease Commitments00000000000000
other long term liabilities000000-1,269-2,0383,30700000
share issue000000-1000000-101,742
interest00000094145342000-67
cash flow from financing000000-1,360-1,9973,3523420-1-1231,798
cash and cash equivalents
cash000000-6,821-2,5776733,8701,557-2,0364,751583
overdraft00000000000000
change in cash000000-6,821-2,5776733,8701,557-2,0364,751583

wiggins services 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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Wiggins Services Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for wiggins services limited by selecting its closest rivals, whether from the CONSTRUCTION sector, other micro companies, companies in HA1 area or any other competitors across 12 key performance metrics.

wiggins services limited Ownership

WIGGINS SERVICES LIMITED group structure

Wiggins Services Limited has no subsidiary companies.

Ultimate parent company

WIGGINS SERVICES LIMITED

06044865

WIGGINS SERVICES LIMITED Shareholders

peter john wiggins 50%
tracey maria wiggins 50%

wiggins services limited directors

Wiggins Services Limited currently has 2 directors. The longest serving directors include Mrs Tracy Wiggins (Jan 2007) and Mr Peter Wiggins (Jan 2007).

officercountryagestartendrole
Mrs Tracy Wiggins61 years Jan 2007- Director
Mr Peter Wiggins54 years Jan 2007- Director

P&L

March 2023

turnover

53.3k

+97%

operating profit

2.8k

0%

gross margin

17%

+1.3%

turnover

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

Balance Sheet

March 2023

net assets

3.8k

+1.44%

total assets

23.1k

+3.47%

cash

0

0%

net assets

Total assets minus all liabilities

wiggins services limited company details

company number

06044865

Type

Private limited with Share Capital

industry

43210 - Electrical installation

incorporation date

January 2007

age

17

incorporated

UK

ultimate parent company

None

accounts

Micro-Entity Accounts

last accounts submitted

March 2023

previous names

N/A

accountant

-

auditor

-

address

8 peterborough road, harrow, HA1 2BQ

Bank

-

Legal Advisor

-

wiggins 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 did not find charges/mortgages relating to wiggins services limited.

charges

wiggins services limited Companies House Filings - See Documents

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