wellglade holdings limited
wellglade holdings limited Company Information
Company Number
07136836
Website
-Registered Address
trent barton buses, mansfield road, heanor, derbyshire, DE75 7BG
Industry
Activities of head offices
Telephone
01773536309
Next Accounts Due
September 2024
Group Structure
View All
Shareholders
cariole limited 49.6%
helen marjorie king 12.7%
View Allwellglade holdings limited Estimated Valuation
Pomanda estimates the enterprise value of WELLGLADE HOLDINGS LIMITED at £378m based on a Turnover of £60.7m and 6.22x industry multiple (adjusted for size and gross margin).
wellglade holdings limited Estimated Valuation
Pomanda estimates the enterprise value of WELLGLADE HOLDINGS LIMITED at £105.5m based on an EBITDA of £9.9m and a 10.66x industry multiple (adjusted for size and gross margin).
wellglade holdings limited Estimated Valuation
Pomanda estimates the enterprise value of WELLGLADE HOLDINGS LIMITED at £214.1m based on Net Assets of £54.2m and 3.95x industry multiple (adjusted for liquidity).
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Wellglade Holdings Limited Overview
Wellglade Holdings Limited is a live company located in heanor, DE75 7BG with a Companies House number of 07136836. It operates in the activities of head offices sector, SIC Code 70100. Founded in January 2010, it's largest shareholder is cariole limited with a 49.6% stake. Wellglade Holdings Limited is a established, large sized company, Pomanda has estimated its turnover at £60.7m with declining growth in recent years.
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Wellglade Holdings Limited Health Check
Pomanda's financial health check has awarded Wellglade Holdings Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 8 measures and has 3 areas for improvement. Company Health Check FAQs
8 Strong
1 Regular
3 Weak
Size
annual sales of £60.7m, make it larger than the average company (£20.3m)
£60.7m - Wellglade Holdings Limited
£20.3m - Industry AVG
Growth
3 year (CAGR) sales growth of -3%, show it is growing at a slower rate (3.1%)
-3% - Wellglade Holdings Limited
3.1% - Industry AVG
Production
with a gross margin of 33.2%, this company has a comparable cost of product (33.2%)
33.2% - Wellglade Holdings Limited
33.2% - Industry AVG
Profitability
an operating margin of 10.7% make it more profitable than the average company (6%)
10.7% - Wellglade Holdings Limited
6% - Industry AVG
Employees
with 1227 employees, this is above the industry average (119)
1227 - Wellglade Holdings Limited
119 - Industry AVG
Pay Structure
on an average salary of £29.9k, the company has a lower pay structure (£45.8k)
£29.9k - Wellglade Holdings Limited
£45.8k - Industry AVG
Efficiency
resulting in sales per employee of £49.5k, this is less efficient (£187.7k)
£49.5k - Wellglade Holdings Limited
£187.7k - Industry AVG
Debtor Days
it gets paid by customers after 17 days, this is earlier than average (47 days)
17 days - Wellglade Holdings Limited
47 days - Industry AVG
Creditor Days
its suppliers are paid after 11 days, this is quicker than average (45 days)
11 days - Wellglade Holdings Limited
45 days - Industry AVG
Stock Days
it holds stock equivalent to 14 days, this is less than average (50 days)
14 days - Wellglade Holdings Limited
50 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 83 weeks, this is more cash available to meet short term requirements (15 weeks)
83 weeks - Wellglade Holdings Limited
15 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 23.7%, this is a lower level of debt than the average (57.4%)
23.7% - Wellglade Holdings Limited
57.4% - Industry AVG
WELLGLADE HOLDINGS LIMITED financials
Wellglade Holdings Limited's latest turnover from December 2022 is £60.7 million and the company has net assets of £54.2 million. According to their latest financial statements, Wellglade Holdings Limited has 1,227 employees and maintains cash reserves of £17 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| 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 | 60,737,000 | 46,793,000 | 41,344,000 | 65,878,000 | 65,605,000 | 65,591,000 | 65,994,000 | 65,729,000 | 64,481,000 | 64,136,000 | 61,112,000 | 62,981,000 | 61,265,000 | 53,080,000 |
| Other Income Or Grants | ||||||||||||||
| Cost Of Sales | ||||||||||||||
| Gross Profit | ||||||||||||||
| Admin Expenses | ||||||||||||||
| Operating Profit | 6,505,000 | 4,964,000 | 1,913,000 | 3,597,000 | 3,826,000 | 5,381,000 | 6,506,000 | 7,433,000 | 7,153,000 | 6,866,000 | 4,089,000 | 6,307,000 | 6,896,000 | 9,771,000 |
| Interest Payable | 1,531,000 | 318,000 | 339,000 | 386,000 | 830,000 | 448,000 | 246,000 | 180,000 | 264,000 | 2,152,000 | 2,361,000 | 3,155,000 | 402,000 | 1,890,000 |
| Interest Receivable | 53,000 | 1,549,000 | 639,000 | 1,505,000 | 52,000 | 590,000 | 1,666,000 | 1,921,000 | 730,000 | 2,494,000 | 2,245,000 | 2,378,000 | 934,000 | 3,216,000 |
| Pre-Tax Profit | 5,047,000 | 6,449,000 | 2,249,000 | 4,906,000 | 3,202,000 | -5,292,000 | 8,083,000 | 9,324,000 | 7,990,000 | 7,301,000 | 3,962,000 | 5,872,000 | 7,428,000 | 10,193,000 |
| Tax | -906,000 | -1,089,000 | 317,000 | -1,665,000 | -638,000 | 1,041,000 | -1,629,000 | -1,749,000 | -1,467,000 | -1,681,000 | -837,000 | -1,442,000 | -2,493,000 | -2,819,000 |
| Profit After Tax | 4,141,000 | 5,360,000 | 2,566,000 | 3,241,000 | 2,564,000 | -4,251,000 | 6,454,000 | 7,575,000 | 6,523,000 | 5,620,000 | 3,125,000 | 4,430,000 | 4,935,000 | 7,374,000 |
| Dividends Paid | 0 | 0 | 0 | 822,000 | 3,713,000 | 3,032,000 | 4,084,000 | 1,146,000 | 10,836,000 | 836,000 | 837,000 | 839,000 | 843,000 | 1,022,000 |
| Retained Profit | 4,141,000 | 5,360,000 | 2,566,000 | 2,419,000 | -1,149,000 | -7,283,000 | 2,370,000 | 6,429,000 | -4,313,000 | 4,784,000 | 2,288,000 | 3,591,000 | 4,092,000 | 6,352,000 |
| Employee Costs | 36,688,000 | 34,713,000 | 36,315,000 | 37,206,000 | 36,913,000 | 36,581,000 | 36,047,000 | 35,497,000 | 33,580,000 | 32,769,000 | 32,711,000 | 33,255,000 | 32,531,000 | 27,180,000 |
| Number Of Employees | 1,227 | 1,309 | 1,381 | 1,430 | 1,509 | 1,552 | 1,584 | 1,547 | 1,508 | 1,541 | 1,561 | 1,587 | 1,538 | 1,269 |
| EBITDA* | 9,898,000 | 8,939,000 | 6,416,000 | 8,239,000 | 8,513,000 | 9,914,000 | 11,015,000 | 11,498,000 | 11,713,000 | 11,212,000 | 8,437,000 | 10,636,000 | 13,509,000 | 13,465,000 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| 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 | 20,973,000 | 23,253,000 | 26,586,000 | 26,168,000 | 28,098,000 | 27,423,000 | 24,009,000 | 23,984,000 | 22,287,000 | 21,004,000 | 23,262,000 | 22,122,000 | 24,460,000 | 21,544,000 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 335,000 | 671,000 | 1,007,000 | 1,343,000 | 0 |
| Investments & Other | 2,470,000 | 2,466,000 | 2,212,000 | 2,176,000 | 2,086,000 | 1,981,000 | 1,015,000 | 958,000 | 1,039,000 | 706,000 | 595,000 | 138,000 | 143,000 | 124,000 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 10,881,000 | 10,881,000 | 11,014,000 | 11,064,000 | 11,064,000 | 11,164,000 | 0 | 0 |
| Total Fixed Assets | 23,443,000 | 25,719,000 | 28,798,000 | 28,344,000 | 30,184,000 | 29,404,000 | 35,905,000 | 35,823,000 | 34,340,000 | 33,109,000 | 35,592,000 | 34,431,000 | 25,946,000 | 21,668,000 |
| Stock & work in progress | 1,559,000 | 1,406,000 | 1,394,000 | 1,392,000 | 1,236,000 | 1,185,000 | 1,072,000 | 1,162,000 | 1,159,000 | 1,127,000 | 1,100,000 | 1,226,000 | 1,153,000 | 935,000 |
| Trade Debtors | 2,911,000 | 2,103,000 | 4,549,000 | 4,112,000 | 3,204,000 | 3,894,000 | 2,403,000 | 2,797,000 | 3,662,000 | 2,353,000 | 2,185,000 | 1,869,000 | 2,988,000 | 2,185,000 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 6,605,000 | 4,395,000 | 4,434,000 | 2,431,000 | 2,490,000 | 4,093,000 | 3,248,000 | 2,764,000 | 3,044,000 | 1,827,000 | 1,988,000 | 1,702,000 | 2,593,000 | 2,305,000 |
| Cash | 17,030,000 | 19,599,000 | 12,548,000 | 10,708,000 | 18,319,000 | 16,133,000 | 18,243,000 | 14,840,000 | 12,958,000 | 14,015,000 | 6,769,000 | 8,958,000 | 10,537,000 | 6,990,000 |
| misc current assets | 19,469,000 | 20,558,000 | 19,041,000 | 18,440,000 | 10,992,000 | 11,386,000 | 10,830,000 | 9,238,000 | 0 | 6,642,000 | 7,137,000 | 5,592,000 | 7,851,000 | 20,935,000 |
| total current assets | 47,574,000 | 48,061,000 | 41,966,000 | 37,083,000 | 36,241,000 | 36,691,000 | 35,796,000 | 30,801,000 | 20,823,000 | 25,964,000 | 19,179,000 | 19,347,000 | 25,122,000 | 33,350,000 |
| total assets | 71,017,000 | 73,780,000 | 70,764,000 | 65,427,000 | 66,425,000 | 66,095,000 | 71,701,000 | 66,624,000 | 55,163,000 | 59,073,000 | 54,771,000 | 53,778,000 | 51,068,000 | 55,018,000 |
| Bank overdraft | 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 |
| Trade Creditors | 1,329,000 | 2,508,000 | 3,597,000 | 3,724,000 | 3,462,000 | 2,197,000 | 2,916,000 | 2,261,000 | 3,358,000 | 2,739,000 | 2,158,000 | 2,122,000 | 2,472,000 | 1,387,000 |
| Group/Directors Accounts | 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 |
| hp & lease commitments | 2,014,000 | 3,008,000 | 3,844,000 | 3,760,000 | 3,676,000 | 2,570,000 | 1,732,000 | 995,000 | 0 | 0 | 128,000 | 436,000 | 798,000 | 0 |
| other current liabilities | 7,259,000 | 8,223,000 | 8,630,000 | 5,927,000 | 5,146,000 | 6,788,000 | 5,262,000 | 5,895,000 | 4,269,000 | 3,790,000 | 4,125,000 | 4,550,000 | 3,566,000 | 3,207,000 |
| total current liabilities | 10,602,000 | 13,739,000 | 16,071,000 | 13,411,000 | 12,284,000 | 11,555,000 | 9,910,000 | 9,151,000 | 7,627,000 | 6,529,000 | 6,411,000 | 7,108,000 | 6,836,000 | 4,594,000 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 2,047,000 | 4,061,000 | 7,185,000 | 5,957,000 | 9,030,000 | 7,562,000 | 6,160,000 | 4,153,000 | 0 | 0 | 8,000 | 175,000 | 482,000 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 4,000 | 22,000 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 4,173,000 | 4,321,000 | 600,000 | 1,128,000 | 166,000 | 0 | 0 | 398,000 | 42,000 | 1,013,000 | 1,337,000 | 1,689,000 | 2,075,000 | 1,745,000 |
| total long term liabilities | 6,220,000 | 8,382,000 | 7,785,000 | 7,085,000 | 9,196,000 | 9,296,000 | 13,393,000 | 6,834,000 | 4,658,000 | 5,886,000 | 4,431,000 | 6,725,000 | 4,978,000 | 5,174,000 |
| total liabilities | 16,822,000 | 22,121,000 | 23,856,000 | 20,496,000 | 21,480,000 | 20,851,000 | 23,303,000 | 15,985,000 | 12,285,000 | 12,415,000 | 10,842,000 | 13,833,000 | 11,814,000 | 9,768,000 |
| net assets | 54,195,000 | 51,659,000 | 46,908,000 | 44,931,000 | 44,945,000 | 45,244,000 | 48,398,000 | 50,639,000 | 42,878,000 | 46,658,000 | 43,929,000 | 39,945,000 | 39,254,000 | 45,250,000 |
| total shareholders funds | 54,195,000 | 51,659,000 | 46,908,000 | 44,931,000 | 44,945,000 | 45,244,000 | 48,398,000 | 50,639,000 | 42,878,000 | 46,658,000 | 43,929,000 | 39,945,000 | 39,254,000 | 45,250,000 |
| 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 | 6,505,000 | 4,964,000 | 1,913,000 | 3,597,000 | 3,826,000 | 5,381,000 | 6,506,000 | 7,433,000 | 7,153,000 | 6,866,000 | 4,089,000 | 6,307,000 | 6,896,000 | 9,771,000 |
| Depreciation | 3,393,000 | 3,975,000 | 4,503,000 | 4,642,000 | 4,687,000 | 4,533,000 | 4,509,000 | 4,065,000 | 4,225,000 | 4,010,000 | 4,012,000 | 3,993,000 | 6,277,000 | 3,694,000 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 335,000 | 336,000 | 336,000 | 336,000 | 336,000 | 0 |
| Tax | -906,000 | -1,089,000 | 317,000 | -1,665,000 | -638,000 | 1,041,000 | -1,629,000 | -1,749,000 | -1,467,000 | -1,681,000 | -837,000 | -1,442,000 | -2,493,000 | -2,819,000 |
| Stock | 153,000 | 12,000 | 2,000 | 156,000 | 51,000 | 113,000 | -90,000 | 3,000 | 32,000 | 27,000 | -126,000 | 73,000 | 218,000 | 935,000 |
| Debtors | 3,018,000 | -2,485,000 | 2,440,000 | 849,000 | -2,293,000 | -8,545,000 | 90,000 | -1,278,000 | 2,476,000 | 7,000 | 502,000 | 9,154,000 | 1,091,000 | 4,490,000 |
| Creditors | -1,179,000 | -1,089,000 | -127,000 | 262,000 | 1,265,000 | -719,000 | 655,000 | -1,097,000 | 619,000 | 581,000 | 36,000 | -350,000 | 1,085,000 | 1,387,000 |
| Accruals and Deferred Income | -964,000 | -407,000 | 2,703,000 | 781,000 | -1,642,000 | 1,526,000 | -633,000 | 1,626,000 | 479,000 | -335,000 | -425,000 | 980,000 | 341,000 | 3,229,000 |
| Deferred Taxes & Provisions | -148,000 | 3,721,000 | -528,000 | 962,000 | 166,000 | 0 | -398,000 | 356,000 | -971,000 | -324,000 | -352,000 | -386,000 | 330,000 | 1,745,000 |
| Cash flow from operations | 3,530,000 | 12,548,000 | 6,339,000 | 7,574,000 | 9,906,000 | 20,194,000 | 9,010,000 | 11,909,000 | 7,865,000 | 9,419,000 | 6,483,000 | 211,000 | 11,463,000 | 11,582,000 |
| Investing Activities | ||||||||||||||
| capital expenditure | 0 | 0 | 0 | 0 | 315,000 | -4,781,000 | -669,000 | -750,000 | -5,142,000 | -1,842,000 | -5,312,000 | -12,687,000 | -4,508,000 | -7,325,000 |
| Change in Investments | 4,000 | 254,000 | 36,000 | 90,000 | 105,000 | 966,000 | 57,000 | -81,000 | 333,000 | 111,000 | 457,000 | -5,000 | 19,000 | 124,000 |
| cash flow from investments | -4,000 | -254,000 | -36,000 | -90,000 | 210,000 | -5,747,000 | -726,000 | -669,000 | -5,475,000 | -1,953,000 | -5,769,000 | -12,682,000 | -4,527,000 | -7,449,000 |
| Financing Activities | ||||||||||||||
| Bank loans | 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 |
| 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 | -3,008,000 | -3,960,000 | 1,312,000 | -2,989,000 | 2,574,000 | 2,240,000 | 2,744,000 | 5,148,000 | 0 | -136,000 | -475,000 | -669,000 | 1,280,000 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||||||||||
| interest | -1,478,000 | 1,231,000 | 300,000 | 1,119,000 | -778,000 | 142,000 | 1,420,000 | 1,741,000 | 466,000 | 342,000 | -116,000 | -777,000 | 532,000 | 1,326,000 |
| cash flow from financing | -6,091,000 | -3,338,000 | 1,023,000 | -4,303,000 | 2,646,000 | 6,511,000 | -447,000 | 8,221,000 | 999,000 | -1,849,000 | 1,105,000 | -4,346,000 | -8,276,000 | 40,224,000 |
| cash and cash equivalents | ||||||||||||||
| cash | -2,569,000 | 7,051,000 | 1,840,000 | -7,611,000 | 2,186,000 | -2,110,000 | 3,403,000 | 1,882,000 | -1,057,000 | 7,246,000 | -2,189,000 | -1,579,000 | 3,547,000 | 6,990,000 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -2,569,000 | 7,051,000 | 1,840,000 | -7,611,000 | 2,186,000 | -2,110,000 | 3,403,000 | 1,882,000 | -1,057,000 | 7,246,000 | -2,189,000 | -1,579,000 | 3,547,000 | 6,990,000 |
wellglade holdings limited Credit Report and Business Information
Wellglade Holdings Limited Competitor Analysis
Perform a competitor analysis for wellglade holdings limited by selecting its closest rivals and benchmarking them against 12 key performance metrics.
wellglade holdings limited Ownership
WELLGLADE HOLDINGS LIMITED group structure
Wellglade Holdings Limited has 2 subsidiary companies.
Ultimate parent company
WELLGLADE HOLDINGS LIMITED
07136836
2 subsidiaries
wellglade holdings limited directors
Wellglade Holdings Limited currently has 3 directors. The longest serving directors include Mr Richard Morgan (Jan 2010) and Mr Graham Sutton (Jan 2010).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Richard Morgan | United Kingdom | 73 years | Jan 2010 | - | Director |
| Mr Graham Sutton | United Kingdom | 64 years | Jan 2010 | - | Director |
| Mr Brian King | United Kingdom | 80 years | Jan 2010 | - | Director |
P&L
December 2022turnover
60.7m
+30%
operating profit
6.5m
+31%
gross margin
33.3%
+1.95%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2022net assets
54.2m
+0.05%
total assets
71m
-0.04%
cash
17m
-0.13%
net assets
Total assets minus all liabilities
wellglade holdings limited company details
company number
07136836
Type
Private limited with Share Capital
industry
70100 - Activities of head offices
incorporation date
January 2010
age
14
accounts
Group
ultimate parent company
previous names
N/A
incorporated
UK
address
trent barton buses, mansfield road, heanor, derbyshire, DE75 7BG
last accounts submitted
December 2022
wellglade holdings 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 wellglade holdings limited.
wellglade holdings limited Companies House Filings - See Documents
| date | description | view/download |
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