withers professional services limited
withers professional services limited Company Information
Company Number
06871262
Website
www.withersworldwide.comRegistered Address
third floor 20 old bailey, london, EC4M 7AN
Industry
Other business support service activities n.e.c.
Telephone
02075976135
Next Accounts Due
March 2025
Group Structure
View All
Shareholders
withers llp 100%
withers professional services limited Estimated Valuation
Pomanda estimates the enterprise value of WITHERS PROFESSIONAL SERVICES LIMITED at £37.3m based on a Turnover of £53.2m and 0.7x industry multiple (adjusted for size and gross margin).
withers professional services limited Estimated Valuation
Pomanda estimates the enterprise value of WITHERS PROFESSIONAL SERVICES LIMITED at £17.1m based on an EBITDA of £3.2m and a 5.35x industry multiple (adjusted for size and gross margin).
withers professional services limited Estimated Valuation
Pomanda estimates the enterprise value of WITHERS PROFESSIONAL SERVICES LIMITED at £5.2m based on Net Assets of £2m and 2.57x industry multiple (adjusted for liquidity).
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Withers Professional Services Limited Overview
Withers Professional Services Limited is a live company located in london, EC4M 7AN with a Companies House number of 06871262. It operates in the other business support service activities n.e.c. sector, SIC Code 82990. Founded in April 2009, it's largest shareholder is withers llp with a 100% stake. Withers Professional Services Limited is a established, large sized company, Pomanda has estimated its turnover at £53.2m with healthy growth in recent years.
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Withers Professional Services Limited Health Check
Pomanda's financial health check has awarded Withers Professional Services Limited a 2 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 6 areas for improvement. Company Health Check FAQs
3 Strong
1 Regular
6 Weak
Size
annual sales of £53.2m, make it larger than the average company (£3.6m)
£53.2m - Withers Professional Services Limited
£3.6m - Industry AVG
Growth
3 year (CAGR) sales growth of 11%, show it is growing at a faster rate (4.6%)
11% - Withers Professional Services Limited
4.6% - Industry AVG
Production
with a gross margin of 4.8%, this company has a higher cost of product (37.9%)
4.8% - Withers Professional Services Limited
37.9% - Industry AVG
Profitability
an operating margin of 5% make it as profitable than the average company (6.2%)
5% - Withers Professional Services Limited
6.2% - Industry AVG
Employees
with 522 employees, this is above the industry average (23)
522 - Withers Professional Services Limited
23 - Industry AVG
Pay Structure
on an average salary of £93.3k, the company has a higher pay structure (£47.6k)
£93.3k - Withers Professional Services Limited
£47.6k - Industry AVG
Efficiency
resulting in sales per employee of £102k, this is less efficient (£151.6k)
£102k - Withers Professional Services Limited
£151.6k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- - Withers Professional Services Limited
- - Industry AVG
Creditor Days
its suppliers are paid after 0 days, this is quicker than average (33 days)
0 days - Withers Professional Services Limited
33 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Withers Professional Services Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (25 weeks)
0 weeks - Withers Professional Services Limited
25 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 77.7%, this is a higher level of debt than the average (61.6%)
77.7% - Withers Professional Services Limited
61.6% - Industry AVG
WITHERS PROFESSIONAL SERVICES LIMITED financials
Withers Professional Services Limited's latest turnover from June 2023 is £53.2 million and the company has net assets of £2 million. According to their latest financial statements, Withers Professional Services Limited has 522 employees and maintains cash reserves of £33.2 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jun 2023 | Jun 2022 | Jul 2021 | Jul 2020 | Jul 2019 | Jul 2018 | Jul 2017 | Jul 2016 | Jul 2015 | Jul 2014 | Jul 2013 | Jul 2012 | Jul 2011 | Apr 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 53,235,649 | 46,073,431 | 42,295,055 | 38,857,631 | 34,898,201 | 31,789,452 | 30,541,880 | 30,795,332 | 28,893,096 | 27,585,392 | 26,442,595 | 24,246,546 | 25,601,500 | 17,957,976 |
| Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cost Of Sales | 50,700,501 | 43,879,298 | 40,476,254 | 37,238,454 | 33,236,137 | 30,275,523 | 29,085,024 | 29,310,644 | 27,530,748 | 26,695,109 | 26,435,094 | 24,238,410 | 25,592,990 | 17,953,693 |
| Gross Profit | 2,535,148 | 2,194,133 | 1,818,801 | 1,619,177 | 1,662,064 | 1,513,929 | 1,456,856 | 1,484,688 | 1,362,348 | 890,283 | 7,501 | 8,136 | 8,510 | 4,283 |
| Admin Expenses | -195,249 | |||||||||||||
| Operating Profit | 2,014,050 | |||||||||||||
| Interest Payable | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest Receivable | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Pre-Tax Profit | 2,535,031 | 2,193,973 | 2,014,050 | 1,850,363 | 1,661,820 | 1,513,783 | 1,454,376 | 1,480,214 | 1,357,397 | 883,370 | 0 | 0 | 0 | 0 |
| Tax | -519,681 | -416,855 | -382,670 | -351,540 | -315,746 | -287,619 | -287,239 | -296,043 | -285,491 | -300,398 | 0 | 0 | 0 | 0 |
| Profit After Tax | 2,015,350 | 1,777,118 | 1,631,380 | 1,498,823 | 1,346,074 | 1,226,164 | 1,167,137 | 1,184,171 | 1,071,906 | 582,972 | 0 | 0 | 0 | 0 |
| Dividends Paid | 1,777,119 | 1,631,379 | 1,498,823 | 1,346,074 | 1,226,164 | 1,167,137 | 951,989 | 1,090,371 | 582,972 | 0 | 0 | 0 | 0 | 0 |
| Retained Profit | 238,231 | 145,739 | 132,557 | 152,749 | 119,910 | 59,027 | 215,148 | 93,800 | 488,934 | 582,972 | 0 | 0 | 0 | 0 |
| Employee Costs | 48,697,150 | 41,784,380 | 38,461,398 | 35,247,932 | 31,404,393 | 29,612,842 | 27,752,103 | 27,384,323 | 26,084,513 | 24,083,556 | 24,411,804 | 22,312,440 | 23,561,759 | 16,207,646 |
| Number Of Employees | 522 | 476 | 455 | 437 | 413 | 368 | 382 | 529 | 499 | 471 | 463 | 443 | 405 | 384 |
| EBITDA* | 2,014,050 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jun 2023 | Jun 2022 | Jul 2021 | Jul 2020 | Jul 2019 | Jul 2018 | Jul 2017 | Jul 2016 | Jul 2015 | Jul 2014 | Jul 2013 | Jul 2012 | Jul 2011 | Apr 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 4,402,906 | 4,220,400 | 2,620,455 | 471,010 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 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 | 4,402,906 | 4,220,400 | 2,620,455 | 471,010 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group Debtors | 4,595,933 | 4,177,345 | 6,732,619 | 8,172,581 | 4,879,535 | 4,744,584 | 4,156,935 | 3,008,386 | 2,837,793 | 2,312,987 | 2,172,442 | 1,594,260 | 1,338,320 | 1,204,507 |
| Misc Debtors | 15,060 | 13,168 | 30,450 | 32,138 | 188,885 | 186,129 | 189,546 | 206,531 | 193,492 | 205,215 | 162,746 | 165,427 | 137,658 | 123,900 |
| Cash | 33,244 | 302,575 | 255,266 | 287,662 | 25,460 | 28,940 | 16,903 | 2,194 | 5,211 | 0 | 0 | 0 | 3,413 | 7,739 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 4,644,237 | 4,493,088 | 7,018,335 | 8,492,381 | 5,093,880 | 4,959,653 | 4,363,384 | 3,217,111 | 3,036,496 | 2,518,202 | 2,335,188 | 1,759,687 | 1,479,391 | 1,336,146 |
| total assets | 9,047,143 | 8,713,488 | 9,638,790 | 8,963,391 | 5,093,880 | 4,959,653 | 4,363,384 | 3,217,111 | 3,036,496 | 2,518,202 | 2,335,188 | 1,759,687 | 1,479,391 | 1,336,146 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 962 | 6,862 | 12,569 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 5,967 | 64,639 | 0 | 0 | 0 | 841,612 | 823,879 | 775,912 | 815,971 | 792,774 | 755,789 | 713,245 | 516,720 | 526,747 |
| Group/Directors Accounts | 1,063,848 | 518,818 | 473,586 | 513,873 | 496,982 | 481,069 | 486,180 | 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 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 5,961,977 | 6,352,911 | 7,533,823 | 6,950,694 | 3,250,823 | 2,410,807 | 1,886,187 | 1,489,209 | 1,362,335 | 1,141,493 | 1,572,536 | 1,033,872 | 962,670 | 809,398 |
| total current liabilities | 7,031,792 | 6,936,368 | 8,007,409 | 7,464,567 | 3,747,805 | 3,733,488 | 3,196,246 | 2,265,121 | 2,178,306 | 1,935,229 | 2,335,187 | 1,759,686 | 1,479,390 | 1,336,145 |
| 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 | 0 | 0 | 0 | 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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 7,031,792 | 6,936,368 | 8,007,409 | 7,464,567 | 3,747,805 | 3,733,488 | 3,196,246 | 2,265,121 | 2,178,306 | 1,935,229 | 2,335,187 | 1,759,686 | 1,479,390 | 1,336,145 |
| net assets | 2,015,351 | 1,777,120 | 1,631,381 | 1,498,824 | 1,346,075 | 1,226,165 | 1,167,138 | 951,990 | 858,190 | 582,973 | 1 | 1 | 1 | 1 |
| total shareholders funds | 2,015,351 | 1,777,120 | 1,631,381 | 1,498,824 | 1,346,075 | 1,226,165 | 1,167,138 | 951,990 | 858,190 | 582,973 | 1 | 1 | 1 | 1 |
| Jun 2023 | Jun 2022 | Jul 2021 | Jul 2020 | Jul 2019 | Jul 2018 | Jul 2017 | Jul 2016 | Jul 2015 | Jul 2014 | Jul 2013 | Jul 2012 | Jul 2011 | Apr 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||||
| Operating Profit | 2,014,050 | |||||||||||||
| Depreciation | 511,650 | 131,264 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | -519,681 | -416,855 | -382,670 | -351,540 | -315,746 | -287,619 | -287,239 | -296,043 | -285,491 | -300,398 | 0 | 0 | 0 | 0 |
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 420,480 | -2,572,556 | -1,441,650 | 3,136,299 | 137,707 | 584,232 | 1,131,564 | 183,632 | 513,083 | 183,014 | 575,501 | 283,709 | 147,571 | 1,328,407 |
| Creditors | -58,672 | 64,639 | 0 | 0 | -841,612 | 17,733 | 47,967 | -40,059 | 23,197 | 36,985 | 42,544 | 196,525 | -10,027 | 526,747 |
| Accruals and Deferred Income | -390,934 | -1,180,912 | 583,129 | 3,699,871 | 840,016 | 524,620 | 396,978 | 126,874 | 220,842 | -431,043 | 538,664 | 71,202 | 153,272 | 809,398 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | 3,656,159 | |||||||||||||
| Investing Activities | ||||||||||||||
| capital expenditure | ||||||||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 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 |
| Group/Directors Accounts | 545,030 | 45,232 | -40,287 | 16,891 | 15,913 | -5,111 | 486,180 | 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 |
| 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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||||||||||
| interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from financing | 545,030 | 45,232 | -40,287 | 16,891 | 15,913 | -5,111 | 486,180 | 0 | -213,717 | 0 | 0 | 0 | 0 | 1 |
| cash and cash equivalents | ||||||||||||||
| cash | -269,331 | 47,309 | -32,396 | 262,202 | -3,480 | 12,037 | 14,709 | -3,017 | 5,211 | 0 | 0 | -3,413 | -4,326 | 7,739 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -962 | -5,900 | -5,707 | 12,569 | 0 | 0 |
| change in cash | -269,331 | 47,309 | -32,396 | 262,202 | -3,480 | 12,037 | 14,709 | -3,017 | 6,173 | 5,900 | 5,707 | -15,982 | -4,326 | 7,739 |
withers professional services limited Credit Report and Business Information
Withers Professional Services Limited Competitor Analysis
Perform a competitor analysis for withers professional services limited by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other large companies, companies in EC4M area or any other competitors across 12 key performance metrics.
withers professional services limited Ownership
WITHERS PROFESSIONAL SERVICES LIMITED group structure
Withers Professional Services Limited has no subsidiary companies.
withers professional services limited directors
Withers Professional Services Limited currently has 2 directors. The longest serving directors include Ms Margaret Robertson (Apr 2009) and Ms Justine Markovitz (Oct 2021).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Ms Margaret Robertson | United Kingdom | 62 years | Apr 2009 | - | Director |
| Ms Justine Markovitz | United Kingdom | 54 years | Oct 2021 | - | Director |
P&L
June 2023turnover
53.2m
+16%
operating profit
2.7m
0%
gross margin
4.8%
0%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
June 2023net assets
2m
+0.13%
total assets
9m
+0.04%
cash
33.2k
-0.89%
net assets
Total assets minus all liabilities
withers professional services limited company details
company number
06871262
Type
Private limited with Share Capital
industry
82990 - Other business support service activities n.e.c.
incorporation date
April 2009
age
15
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
June 2023
previous names
N/A
accountant
-
auditor
DELOITTE LLP
address
third floor 20 old bailey, london, EC4M 7AN
Bank
-
Legal Advisor
-
withers professional 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 withers professional services limited.
withers professional services limited Companies House Filings - See Documents
| date | description | view/download |
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