Pomanda estimates the enterprise value of WATT UTILITIES LIMITED at £1.9m based on a Turnover of £8m and 0.24x industry multiple (adjusted for size and gross margin).
watt utilities limitedEstimated Valuation
£0
Pomanda estimates the enterprise value of WATT UTILITIES LIMITED at £0 based on an EBITDA of £-451.7k and a 2.33x industry multiple (adjusted for size and gross margin).
watt utilities limitedEstimated Valuation
£1.2m
Pomanda estimates the enterprise value of WATT UTILITIES LIMITED at £1.2m based on Net Assets of £706.9k and 1.76x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Watt Utilities LimitedOverview
Watt Utilities Limited is a live company located in manchester, M2 7LP with a Companies House number of 06702949. It operates in the agents involved in the sale of fuels, ores, metals and industrial chemicals sector, SIC Code 46120. Founded in September 2008, it's largest shareholder is
peter matthew hunter
with a 85% stake. Watt Utilities Limited is a established,
mid sized company, Pomanda has estimated its turnover at
£8m with
declining
growth in recent years.
Pomanda's financial health check has awarded Watt Utilities Limited a 0.5 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 8 areas for improvement. Company Health Check FAQs
Health Rating0.5out of 5
1 Strong
1 Regular
8 Weak
Size
annual sales of £8m, make it smaller than the average company (£31.5m)
£8m - Watt Utilities Limited
£31.5m - Industry AVG
Growth
3 year (CAGR) sales growth of -31%, show it is growing at a slower rate (12.3%)
-31% - Watt Utilities Limited
12.3% - Industry AVG
Production
with a gross margin of 6.2%, this company has a higher cost of product (12.7%)
6.2% - Watt Utilities Limited
12.7% - Industry AVG
Profitability
an operating margin of -5.8% make it less profitable than the average company (4.1%)
-5.8% - Watt Utilities Limited
4.1% - Industry AVG
Employees
with 44 employees, this is above the industry average (24)
44 - Watt Utilities Limited
24 - Industry AVG
Pay Structure
on an average salary of £53.6k, the company has an equivalent pay structure (£53.6k)
£53.6k - Watt Utilities Limited
£53.6k - Industry AVG
Efficiency
resulting in sales per employee of £181.6k, this is less efficient (£1.1m)
£181.6k - Watt Utilities Limited
£1.1m - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- - Watt Utilities Limited
- - Industry AVG
Creditor Days
its suppliers are paid after 10 days, this is quicker than average (24 days)
10 days - Watt Utilities Limited
24 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Watt Utilities Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities
for 8 weeks, this is less cash available to meet short term requirements (14 weeks)
8 weeks - Watt Utilities Limited
14 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 87.4%, this is a higher level of debt than the average (55.3%)
87.4% - Watt Utilities Limited
55.3% - Industry AVG
WATT UTILITIES LIMITED financials
EXPORT
Watt Utilities Limited's latest turnover from September 2023 is estimated at £8 million and the company has net assets of £706.9 thousand. According to their latest financial statements, Watt Utilities Limited has 44 employees and maintains cash reserves of £178.5 thousand as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Sep 2023
Sep 2022
Sep 2021
Sep 2020
Sep 2019
Sep 2018
Sep 2017
Sep 2016
Sep 2015
Sep 2014
Sep 2013
Sep 2012
Sep 2011
Sep 2010
Sep 2009
Turnover
7,988,250
4,071,505
8,135,580
23,900,204
23,522,509
4,561,049
5,236,833
2,082,114
1,717,046
573,076
579,937
398,845
191,422
61,939
Other Income Or Grants
Cost Of Sales
7,489,680
3,825,907
7,727,187
22,598,322
22,624,719
4,355,332
4,979,982
1,950,804
1,615,934
544,104
557,533
386,113
184,167
59,346
Gross Profit
498,571
245,598
408,393
1,301,883
897,790
205,717
256,852
131,310
101,111
28,972
22,405
12,733
7,254
2,594
Admin Expenses
961,061
-1,403,826
-977,540
-3,007,431
-1,285,557
474,110
7,085,957
-117,814
-183,972
-63,482
9,538
-17,700
-25,354
-3,435
-435
Operating Profit
-462,490
1,649,424
1,385,933
4,309,314
2,183,347
-268,393
-6,829,105
249,124
285,083
92,454
12,867
30,433
32,608
6,029
435
Interest Payable
1,434
37,038
26,608
1,480
4,737
3,015
Interest Receivable
17,285
10,367
444
618
5,215
8,576
3,525
2,281
2,728
1,268
614
512
181
41
26
Pre-Tax Profit
-446,638
1,622,753
1,359,769
4,309,932
2,187,081
-264,553
-6,828,596
251,405
287,811
93,722
13,481
30,945
32,789
6,069
461
Tax
-308,323
-258,356
-818,887
-415,545
-50,281
-57,562
-19,682
-3,101
-7,427
-8,525
-1,699
-129
Profit After Tax
-446,638
1,314,430
1,101,413
3,491,045
1,771,536
-264,553
-6,828,596
201,124
230,249
74,040
10,380
23,518
24,264
4,370
332
Dividends Paid
Retained Profit
-446,638
1,314,430
1,101,413
3,491,045
1,771,536
-264,553
-6,828,596
201,124
230,249
74,040
10,380
23,518
24,264
4,370
332
Employee Costs
2,358,180
2,615,978
1,843,971
1,978,000
2,831,146
2,700,862
2,493,862
83,091
41,453
39,415
40,824
38,274
39,558
38,907
Number Of Employees
44
49
39
42
62
65
59
2
1
1
1
1
1
1
EBITDA*
-451,692
1,665,293
1,401,803
4,331,323
2,205,831
-245,022
-6,829,105
269,744
303,868
101,780
12,867
30,433
32,608
6,029
435
* Earnings Before Interest, Tax, Depreciation and Amortisation
Sep 2023
Sep 2022
Sep 2021
Sep 2020
Sep 2019
Sep 2018
Sep 2017
Sep 2016
Sep 2015
Sep 2014
Sep 2013
Sep 2012
Sep 2011
Sep 2010
Sep 2009
Tangible Assets
10,798
26,667
72,020
94,029
100,510
109,491
130,112
137,429
63,490
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
10,798
26,667
72,020
94,029
100,510
109,491
130,112
137,429
63,490
Stock & work in progress
Trade Debtors
125,000
2,309,559
2,309,764
1,867,614
127,891
153,616
36,225
56,791
24,316
11,750
9,085
14,280
Group Debtors
57,199
1,285,289
Misc Debtors
24,524
45,342
2,478,637
1,218,410
Cash
178,542
479,953
441,560
446,255
789,900
600,764
1,686,291
1,133,516
691,389
399,884
107,232
138,370
66,365
5,953
10,327
misc current assets
5,364,375
5,364,375
5,779,414
9,224,546
8,512,874
4,499,203
1,030,000
total current assets
5,624,640
7,299,959
8,530,533
11,980,565
11,170,388
7,578,604
3,934,701
1,261,407
845,005
436,109
164,023
162,686
78,115
15,038
24,607
total assets
5,624,640
7,310,757
8,557,200
12,052,585
11,264,417
7,679,114
4,044,192
1,391,519
982,434
499,599
164,023
162,686
78,115
15,038
24,607
Bank overdraft
250,000
Bank loan
4,657
43,860
52,632
Trade Creditors
217,957
65,294
162,836
7,347,504
7,421,714
58,311
181,693
699,327
437,198
147,508
101,059
110,102
49,146
10,335
24,274
Group/Directors Accounts
158,331
33,987
other short term finances
hp & lease commitments
516,825
669,044
140,000
other current liabilities
148,350
2,555,440
3,933,615
6,297,061
5,021,855
total current liabilities
1,041,463
2,659,378
4,346,451
7,347,504
7,421,714
7,068,276
5,396,180
699,327
437,198
147,508
101,059
110,102
49,146
10,335
24,274
loans
20,833
622,392
43,860
hp & lease commitments
2,328,671
560,000
Accruals and Deferred Income
4,806,939
4,282,473
other liabilities
3,876,263
3,463,310
3,735,551
5,953,588
8,578,073
96,491
149,123
201,754
provisions
13,684
13,684
13,684
17,866
21,898
27,324
28,860
13,333
total long term liabilities
3,876,263
3,497,827
4,371,627
5,967,272
8,595,939
7,135,610
4,908,231
123,815
177,983
215,087
total liabilities
4,917,726
6,157,205
8,718,078
13,314,776
16,017,653
14,203,886
10,304,411
823,142
615,181
362,595
101,059
110,102
49,146
10,335
24,274
net assets
706,914
1,153,552
-160,878
-1,262,191
-4,753,236
-6,524,772
-6,260,219
568,377
367,253
137,004
62,964
52,584
28,969
4,703
333
total shareholders funds
706,914
1,153,552
-160,878
-1,262,191
-4,753,236
-6,524,772
-6,260,219
568,377
367,253
137,004
62,964
52,584
28,969
4,703
333
Sep 2023
Sep 2022
Sep 2021
Sep 2020
Sep 2019
Sep 2018
Sep 2017
Sep 2016
Sep 2015
Sep 2014
Sep 2013
Sep 2012
Sep 2011
Sep 2010
Sep 2009
Operating Activities
Operating Profit
-462,490
1,649,424
1,385,933
4,309,314
2,183,347
-268,393
-6,829,105
249,124
285,083
92,454
12,867
30,433
32,608
6,029
435
Depreciation
10,798
15,869
15,870
22,009
22,484
23,371
20,620
18,785
9,326
Amortisation
Tax
-308,323
-258,356
-818,887
-415,545
-50,281
-57,562
-19,682
-3,101
-7,427
-8,525
-1,699
-129
Stock
Debtors
-1,373,908
-853,928
-205
442,150
-611,023
1,260,227
1,090,519
-25,725
117,391
-20,566
32,475
12,566
2,665
-5,195
14,280
Creditors
152,663
-97,542
-7,184,668
-74,210
7,363,403
-123,382
-517,634
262,129
289,690
46,449
-9,043
60,956
38,811
-13,939
24,274
Accruals and Deferred Income
-2,407,090
-1,378,175
3,933,615
-11,104,000
1,799,672
9,304,328
Deferred Taxes & Provisions
-13,684
-4,182
17,866
-21,898
-5,426
-1,536
15,527
13,333
Cash flow from operations
-1,345,895
735,181
-2,107,401
2,991,894
-1,321,422
149,143
861,644
505,781
434,132
162,446
-31,752
71,396
60,229
-4,414
10,300
Investing Activities
capital expenditure
29,483
-16,003
-14,390
20,621
-13,303
-92,724
-72,816
Change in Investments
cash flow from investments
29,483
-16,003
-14,390
20,621
-13,303
-92,724
-72,816
Financing Activities
Bank loans
-4,657
4,657
-43,860
-8,772
52,632
Group/Directors Accounts
124,344
33,987
Other Short Term Loans
Long term loans
-20,833
-601,559
622,392
-43,860
43,860
Hire Purchase and Lease Commitments
516,825
-2,997,715
2,297,715
700,000
other long term liabilities
412,953
-272,241
-2,218,037
-2,624,485
8,578,073
-96,491
-52,632
-52,631
201,754
share issue
-100
97
2
1
interest
15,851
-26,671
-26,164
618
3,735
3,839
510
2,281
2,728
1,268
614
512
181
41
26
cash flow from financing
1,044,483
-861,827
-1,621,909
-2,623,867
5,540,233
2,248,922
700,511
-50,351
-49,903
203,022
614
609
183
41
27
cash and cash equivalents
cash
-301,411
38,393
-4,695
-343,645
189,136
-1,085,527
552,775
442,127
291,505
292,652
-31,138
72,005
60,412
-4,374
10,327
overdraft
-250,000
250,000
change in cash
-301,411
288,393
-254,695
-343,645
189,136
-1,085,527
552,775
442,127
291,505
292,652
-31,138
72,005
60,412
-4,374
10,327
watt utilities limited Credit Report and Business Information
Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
Get a comprehensive credit check for watt utilities limited. Get real-time insights into watt utilities limited's credit score, group structure and payment trends.
Perform a competitor analysis for watt utilities 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 M 2 area or any other competitors across 12 key performance metrics.
watt utilities limited Ownership
WATT UTILITIES LIMITED group structure
Watt Utilities Limited has no subsidiary companies.
Ultimate parent company
WATT UTILITIES LIMITED
06702949
WATT UTILITIES LIMITED Shareholders
The largest shareholders in Watt Utilities Limited include Peter Matthew Hunter and Stephen Hunter.
peter matthew hunter
85%
stephen hunter
15%
watt utilities limited directors
Watt Utilities Limited currently has 1 director, Mr Peter Hunter serving since Oct 2012.
46120 - Agents involved in the sale of fuels, ores, metals and industrial chemicals
incorporation date
September 2008
age
17
incorporated
UK
ultimate parent company
None
accounts
Unaudited Abridged
last accounts submitted
September 2023
previous names
N/A
accountant
-
auditor
-
address
st ann's house 3rd floor, st ann's square, manchester, M2 7LP
Bank
-
Legal Advisor
-
watt utilities 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 watt utilities limited.
watt utilities 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 WATT UTILITIES LIMITED. This can take several minutes, an email will notify you when this has completed.
watt utilities limitedCompanies House Filings - See Documents
