Pomanda estimates the enterprise value of WIT CONSTRUCTION LIMITED at £41.6k based on a Turnover of £166.8k and 0.25x industry multiple (adjusted for size and gross margin).
wit construction limitedEstimated Valuation
£184k
Pomanda estimates the enterprise value of WIT CONSTRUCTION LIMITED at £184k based on an EBITDA of £57.1k and a 3.22x industry multiple (adjusted for size and gross margin).
wit construction limitedEstimated Valuation
£444.9k
Pomanda estimates the enterprise value of WIT CONSTRUCTION LIMITED at £444.9k based on Net Assets of £231k and 1.93x industry multiple (adjusted for liquidity).
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Wit Construction LimitedOverview
Wit Construction Limited is a live company located in london, W5 1PN with a Companies House number of 06964797. It operates in the construction of other civil engineering projects n.e.c. sector, SIC Code 42990. Founded in July 2009, it's largest shareholder is
jacek wit
with a 100% stake. Wit Construction Limited is a established,
micro sized company, Pomanda has estimated its turnover at
£166.8k with
declining
growth in recent years.
Pomanda's financial health check has awarded Wit Construction Limited a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 4 areas for improvement. Company Health Check FAQs
Health Rating4.5out of 5
4 Strong
3 Regular
4 Weak
Size
annual sales of £166.8k, make it smaller than the average company (£12.7m)
£166.8k - Wit Construction Limited
£12.7m - Industry AVG
Growth
3 year (CAGR) sales growth of 0%, show it is growing at a slower rate (7.5%)
0% - Wit Construction Limited
7.5% - Industry AVG
Production
with a gross margin of 18%, this company has a comparable cost of product (18%)
18% - Wit Construction Limited
18% - Industry AVG
Profitability
an operating margin of 31.9% make it more profitable than the average company (5.5%)
31.9% - Wit Construction Limited
5.5% - Industry AVG
Employees
with 2 employees, this is below the industry average (51)
2 - Wit Construction Limited
51 - Industry AVG
Pay Structure
on an average salary of £49.7k, the company has an equivalent pay structure (£49.7k)
£49.7k - Wit Construction Limited
£49.7k - Industry AVG
Efficiency
resulting in sales per employee of £83.4k, this is less efficient (£244.2k)
£83.4k - Wit Construction Limited
£244.2k - Industry AVG
Debtor Days
it gets paid by customers after 0 days, this is earlier than average (55 days)
0 days - Wit Construction Limited
55 days - Industry AVG
Creditor Days
its suppliers are paid after 39 days, this is close to average (39 days)
39 days - Wit Construction Limited
39 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Wit Construction Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities
for 210 weeks, this is more cash available to meet short term requirements (19 weeks)
210 weeks - Wit Construction Limited
19 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 23.4%, this is a lower level of debt than the average (60.2%)
23.4% - Wit Construction Limited
60.2% - Industry AVG
WIT CONSTRUCTION LIMITED financials
EXPORT
Wit Construction Limited's latest turnover from July 2023 is estimated at £166.8 thousand and the company has net assets of £231 thousand. According to their latest financial statements, Wit Construction Limited has 2 employees and maintains cash reserves of £282.9 thousand as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Jul 2023
Jul 2022
Jul 2021
Jul 2020
Jul 2019
Jul 2018
Jul 2017
Jul 2016
Jul 2015
Jul 2014
Jul 2013
Jul 2012
Jul 2011
Jul 2010
Turnover
166,806
173,690
288,192
167,410
157,480
99,775
370,070
397,717
77,124
52,722
18,569
51,773
58,290
81,727
Other Income Or Grants
Cost Of Sales
136,770
145,285
242,580
139,573
129,823
80,887
292,973
321,419
62,944
43,093
15,021
40,761
46,171
62,975
Gross Profit
30,035
28,406
45,612
27,838
27,658
18,887
77,097
76,297
14,180
9,629
3,548
11,012
12,119
18,752
Admin Expenses
-23,110
-26,880
-60,557
24,286
20,483
35,651,871
-43,611,852
70,294
-22,041
14,029
4,967
5,206
4,553
21,038
Operating Profit
53,145
55,286
106,169
3,552
7,175
-35,632,984
43,688,949
6,003
36,221
-4,400
-1,419
5,806
7,566
-2,286
Interest Payable
2,554
1,684
Interest Receivable
14,492
3,255
175
107
582
177,630
88,829
248
60
17
26
25
7
1
Pre-Tax Profit
65,083
56,857
106,344
3,659
7,757
-35,455,354
43,777,778
6,250
36,281
-4,383
-1,393
5,832
7,573
-2,285
Tax
-16,271
-10,803
-20,205
-695
-1,474
-8,317,778
-1,250
-7,256
-1,400
-1,969
Profit After Tax
48,812
46,054
86,139
2,964
6,283
-35,455,354
35,460,000
5,000
29,025
-4,383
-1,393
4,432
5,604
-2,285
Dividends Paid
Retained Profit
48,812
46,054
86,139
2,964
6,283
-35,455,354
35,460,000
5,000
29,025
-4,383
-1,393
4,432
5,604
-2,285
Employee Costs
99,494
94,273
90,667
89,584
84,962
86,650
79,584
117,893
38,257
36,714
35,817
35,015
34,672
33,602
Number Of Employees
2
2
2
2
2
2
2
3
1
1
1
1
1
1
EBITDA*
57,110
60,121
112,065
5,783
9,895
-35,632,984
43,691,949
11,003
36,221
-2,930
87
7,898
10,181
2,073
* Earnings Before Interest, Tax, Depreciation and Amortisation
Jul 2023
Jul 2022
Jul 2021
Jul 2020
Jul 2019
Jul 2018
Jul 2017
Jul 2016
Jul 2015
Jul 2014
Jul 2013
Jul 2012
Jul 2011
Jul 2010
Tangible Assets
18,061
22,026
26,861
32,757
12,393
15,113
16,097,000
19,000
24,000
6,695
6,862
8,368
13,075
Intangible Assets
10,460
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
18,061
22,026
26,861
32,757
12,393
15,113
16,097,000
19,000
24,000
6,695
6,862
8,368
10,460
13,075
Stock & work in progress
Trade Debtors
423
432
801
Group Debtors
Misc Debtors
153
1,446
1,446
4,948
Cash
282,944
296,745
224,004
126,971
87,236
67,837
70,984,000
79,000
20,000
4,075
2,755
7,782
2,337
474
misc current assets
total current assets
283,367
297,330
225,450
128,417
92,184
68,638
70,984,000
79,000
20,000
4,075
2,755
7,782
2,337
474
total assets
301,428
319,356
252,311
161,174
104,577
83,751
87,081,000
98,000
44,000
10,770
9,617
16,150
12,797
13,549
Bank overdraft
46,445
Bank loan
Trade Creditors
14,775
24,526
31,878
1,192
1
152
62,000
13,000
8,695
3,159
8,299
9,378
11,751
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
55,202
66,199
36,076
59,989
57,547
42,853
51,485,000
total current liabilities
69,977
137,170
67,954
61,181
57,548
43,005
51,485,000
62,000
13,000
8,695
3,159
8,299
9,378
11,751
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
453
48,225
50,000
3,983
provisions
total long term liabilities
453
48,225
50,000
3,983
total liabilities
70,430
137,170
116,179
111,181
57,548
43,005
51,485,000
62,000
13,000
8,695
3,159
8,299
9,378
15,734
net assets
230,998
182,186
136,132
49,993
47,029
40,746
35,596,000
36,000
31,000
2,075
6,458
7,851
3,419
-2,185
total shareholders funds
230,998
182,186
136,132
49,993
47,029
40,746
35,596,000
36,000
31,000
2,075
6,458
7,851
3,419
-2,185
Jul 2023
Jul 2022
Jul 2021
Jul 2020
Jul 2019
Jul 2018
Jul 2017
Jul 2016
Jul 2015
Jul 2014
Jul 2013
Jul 2012
Jul 2011
Jul 2010
Operating Activities
Operating Profit
53,145
55,286
106,169
3,552
7,175
-35,632,984
43,688,949
6,003
36,221
-4,400
-1,419
5,806
7,566
-2,286
Depreciation
3,965
4,835
5,896
2,231
2,720
3,000
5,000
1,470
1,506
4,359
Amortisation
2,092
2,615
Tax
-16,271
-10,803
-20,205
-695
-1,474
-8,317,778
-1,250
-7,256
-1,400
-1,969
Stock
Debtors
-162
-861
-3,502
4,147
801
Creditors
-9,751
-7,352
30,686
1,191
-151
152
-62,000
49,000
4,305
5,536
-5,140
-1,079
-2,373
11,751
Accruals and Deferred Income
-10,997
30,123
-23,913
2,442
14,694
-51,442,147
51,485,000
Deferred Taxes & Provisions
Cash flow from operations
20,253
72,950
98,633
12,223
18,817
-87,075,780
86,797,171
58,753
33,270
2,606
-5,053
5,419
5,839
13,824
Investing Activities
capital expenditure
-22,595
16,081,887
-16,081,000
-17,305
-1,303
-17,434
Change in Investments
cash flow from investments
-22,595
16,081,887
-16,081,000
-17,305
-1,303
-17,434
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
453
-48,225
-1,775
50,000
-3,983
3,983
share issue
-99,900
100,000
-100
100
interest
11,938
1,571
175
107
582
177,630
88,829
248
60
17
26
25
7
1
cash flow from financing
12,391
-46,654
-1,600
50,107
582
77,730
188,829
248
-40
17
26
25
-3,976
4,084
cash and cash equivalents
cash
-13,801
72,741
97,033
39,735
19,399
-70,916,163
70,905,000
59,000
15,925
1,320
-5,027
5,445
1,863
474
overdraft
-46,445
46,445
change in cash
32,644
26,296
97,033
39,735
19,399
-70,916,163
70,905,000
59,000
15,925
1,320
-5,027
5,445
1,863
474
wit construction 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 wit construction limited. Get real-time insights into wit construction limited's credit score, group structure and payment trends.
Perform a competitor analysis for wit construction limited by selecting its closest rivals, whether from the CONSTRUCTION sector, other micro companies, companies in W 5 area or any other competitors across 12 key performance metrics.
wit construction limited Ownership
WIT CONSTRUCTION LIMITED group structure
Wit Construction Limited has no subsidiary companies.
Ultimate parent company
WIT CONSTRUCTION LIMITED
06964797
WIT CONSTRUCTION LIMITED Shareholders
The sole shareholder of Wit Construction Limited is Jacek Wit.
jacek wit
100%
wit construction limited directors
Wit Construction Limited currently has 2 directors.
The longest serving directors include
Mr Jacek Wit (Jul 2009) and
Mrs Julia Wit (Jul 2018).
42990 - Construction of other civil engineering projects n.e.c.
incorporation date
July 2009
age
16
incorporated
UK
ultimate parent company
None
accounts
Total Exemption Full
last accounts submitted
July 2023
previous names
N/A
accountant
J DAUMAN FINANCE LTD
auditor
-
address
59 a mount avenue, london, W5 1PN
Bank
-
Legal Advisor
-
wit construction 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 wit construction limited.
wit construction 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 WIT CONSTRUCTION LIMITED. This can take several minutes, an email will notify you when this has completed.
wit construction limitedCompanies House Filings - See Documents
