willcox & king engineering limitedEstimated Valuation
£227.5k
Pomanda estimates the enterprise value of WILLCOX & KING ENGINEERING LIMITED at £227.5k based on a Turnover of £795.9k and 0.29x industry multiple (adjusted for size and gross margin).
willcox & king engineering limitedEstimated Valuation
£274.3k
Pomanda estimates the enterprise value of WILLCOX & KING ENGINEERING LIMITED at £274.3k based on an EBITDA of £103.1k and a 2.66x industry multiple (adjusted for size and gross margin).
willcox & king engineering limitedEstimated Valuation
£83.9k
Pomanda estimates the enterprise value of WILLCOX & KING ENGINEERING LIMITED at £83.9k based on Net Assets of £53.3k and 1.58x industry multiple (adjusted for liquidity).
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Willcox & King Engineering LimitedOverview
Willcox & King Engineering Limited is a live company located in arundel, BN18 9PY with a Companies House number of 07289230. It operates in the manufacture of other parts and accessories for motor vehicles sector, SIC Code 29320. Founded in June 2010, it's largest shareholder is
gary stephen michael moynihan
with a 50% stake. Willcox & King Engineering Limited is a established,
small sized company, Pomanda has estimated its turnover at
£795.9k with
healthy
growth in recent years.
Pomanda's financial health check has awarded Willcox & King Engineering Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 5 areas for improvement. Company Health Check FAQs
Health Rating3.5out of 5
3 Strong
4 Regular
5 Weak
Size
annual sales of £795.9k, make it smaller than the average company (£21.5m)
£795.9k - Willcox & King Engineering Limited
£21.5m - Industry AVG
Growth
3 year (CAGR) sales growth of 9%, show it is growing at a similar rate (10.5%)
9% - Willcox & King Engineering Limited
10.5% - Industry AVG
Production
with a gross margin of 21.2%, this company has a comparable cost of product (21.2%)
21.2% - Willcox & King Engineering Limited
21.2% - Industry AVG
Profitability
an operating margin of 12.3% make it more profitable than the average company (4.1%)
12.3% - Willcox & King Engineering Limited
4.1% - Industry AVG
Employees
with 11 employees, this is below the industry average (109)
11 - Willcox & King Engineering Limited
109 - Industry AVG
Pay Structure
on an average salary of £42k, the company has an equivalent pay structure (£42k)
£42k - Willcox & King Engineering Limited
£42k - Industry AVG
Efficiency
resulting in sales per employee of £72.4k, this is less efficient (£196.7k)
£72.4k - Willcox & King Engineering Limited
£196.7k - Industry AVG
Debtor Days
it gets paid by customers after 33 days, this is earlier than average (49 days)
33 days - Willcox & King Engineering Limited
49 days - Industry AVG
Creditor Days
its suppliers are paid after 22 days, this is quicker than average (36 days)
22 days - Willcox & King Engineering Limited
36 days - Industry AVG
Stock Days
it holds stock equivalent to 31 days, this is less than average (50 days)
31 days - Willcox & King Engineering Limited
50 days - Industry AVG
Cash Balance
has cash to cover current liabilities
for 9 weeks, this is average cash available to meet short term requirements (8 weeks)
9 weeks - Willcox & King Engineering Limited
8 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 70.1%, this is a higher level of debt than the average (61.7%)
70.1% - Willcox & King Engineering Limited
61.7% - Industry AVG
WILLCOX & KING ENGINEERING LIMITED financials
EXPORT
Willcox & King Engineering Limited's latest turnover from June 2024 is estimated at £795.9 thousand and the company has net assets of £53.3 thousand. According to their latest financial statements, Willcox & King Engineering Limited has 11 employees and maintains cash reserves of £20.8 thousand as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Jun 2024
Jun 2023
Jun 2022
Jun 2021
Jun 2020
Jun 2019
Jun 2018
Jun 2017
Jun 2016
Jun 2015
Jun 2014
Jun 2013
Jun 2012
Jun 2011
Turnover
795,853
839,020
807,989
607,631
707,367
1,321,422
995,259
775,784
421,969
213,751
235,298
259,292
144,428
148,249
Other Income Or Grants
Cost Of Sales
627,196
663,057
648,363
491,821
570,740
1,063,798
767,803
603,145
328,157
169,655
185,065
202,744
112,341
111,296
Gross Profit
168,657
175,963
159,626
115,810
136,627
257,624
227,456
172,639
93,812
44,096
50,233
56,548
32,087
36,953
Admin Expenses
70,861
223,289
271,653
100,047
273,893
100,662
192,373
81,094
37,832
41,098
34,294
69,136
43,722
26,572
Operating Profit
97,796
-47,326
-112,027
15,763
-137,266
156,962
35,083
91,545
55,980
2,998
15,939
-12,588
-11,635
10,381
Interest Payable
4,088
6,118
4,447
1,880
Interest Receivable
816
2,339
1,531
95
168
1,158
70
172
71
54
19
7
4
Pre-Tax Profit
94,524
-51,105
-114,943
13,978
-137,098
158,120
35,083
91,615
56,153
3,069
15,994
-12,569
-11,628
10,385
Tax
-23,631
-2,656
-30,043
-6,666
-17,407
-11,230
-614
-3,359
-2,700
Profit After Tax
70,893
-51,105
-114,943
11,322
-137,098
128,077
28,417
74,208
44,922
2,455
12,635
-12,569
-11,628
7,685
Dividends Paid
Retained Profit
70,893
-51,105
-114,943
11,322
-137,098
128,077
28,417
74,208
44,922
2,455
12,635
-12,569
-11,628
7,685
Employee Costs
462,295
441,062
411,224
347,770
467,553
372,238
248,238
136,882
127,151
63,807
61,183
60,285
29,421
29,030
Number Of Employees
11
11
11
10
13
11
7
4
4
2
2
2
1
1
EBITDA*
103,095
-42,557
-105,671
24,240
-126,661
156,962
35,083
91,545
55,980
2,998
15,939
-11,737
-10,870
11,033
* Earnings Before Interest, Tax, Depreciation and Amortisation
Jun 2024
Jun 2023
Jun 2022
Jun 2021
Jun 2020
Jun 2019
Jun 2018
Jun 2017
Jun 2016
Jun 2015
Jun 2014
Jun 2013
Jun 2012
Jun 2011
Tangible Assets
15,893
14,302
19,071
25,427
33,904
40,410
25,412
26,383
10,836
2,922
1,491
1,988
2,408
2,608
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
15,893
14,302
19,071
25,427
33,904
40,410
25,412
26,383
10,836
2,922
1,491
1,988
2,408
2,608
Stock & work in progress
54,050
27,963
31,477
31,397
40,020
29,527
30,188
18,031
12,914
19,602
8,622
9,072
Trade Debtors
73,853
79,051
91,935
76,028
51,958
300,073
194,709
172,749
50,609
24,161
28,022
24,805
24,047
26,560
Group Debtors
Misc Debtors
13,530
42,260
20,323
46,615
31,031
10,250
Cash
20,813
10,289
83,279
161,628
27,931
308,706
55,665
13,220
15,219
6,454
1,152
1,644
misc current assets
3,931
3,123
total current assets
162,246
159,563
227,014
315,668
150,940
648,556
198,640
175,872
136,462
55,412
56,155
50,861
33,821
37,276
total assets
178,139
173,865
246,085
341,095
184,844
688,966
224,052
202,255
147,298
58,334
57,646
52,849
36,229
39,884
Bank overdraft
10,213
27,776
28,608
19,985
Bank loan
Trade Creditors
37,820
106,824
98,156
90,785
35,030
181,693
73,755
77,646
103,798
59,756
61,523
69,357
33,185
32,195
Group/Directors Accounts
6,983
other short term finances
hp & lease commitments
other current liabilities
64,594
34,433
53,427
40,228
12,706
233,067
total current liabilities
112,627
169,033
180,191
150,998
47,736
414,760
73,755
77,646
103,798
59,756
61,523
69,357
40,168
32,195
loans
12,237
22,450
32,407
41,667
hp & lease commitments
Accruals and Deferred Income
4,172
6,901
other liabilities
provisions
total long term liabilities
12,237
22,450
32,407
41,667
4,172
6,901
total liabilities
124,864
191,483
212,598
192,665
47,736
414,760
77,927
84,547
103,798
59,756
61,523
69,357
40,168
32,195
net assets
53,275
-17,618
33,487
148,430
137,108
274,206
146,125
117,708
43,500
-1,422
-3,877
-16,508
-3,939
7,689
total shareholders funds
53,275
-17,618
33,487
148,430
137,108
274,206
146,125
117,708
43,500
-1,422
-3,877
-16,508
-3,939
7,689
Jun 2024
Jun 2023
Jun 2022
Jun 2021
Jun 2020
Jun 2019
Jun 2018
Jun 2017
Jun 2016
Jun 2015
Jun 2014
Jun 2013
Jun 2012
Jun 2011
Operating Activities
Operating Profit
97,796
-47,326
-112,027
15,763
-137,266
156,962
35,083
91,545
55,980
2,998
15,939
-12,588
-11,635
10,381
Depreciation
5,299
4,769
6,356
8,477
10,605
851
765
652
Amortisation
Tax
-23,631
-2,656
-30,043
-6,666
-17,407
-11,230
-614
-3,359
-2,700
Stock
26,087
-3,514
80
-8,623
10,493
29,527
-30,188
12,157
5,117
-6,688
10,980
-450
9,072
Debtors
-33,928
9,053
-10,385
39,654
-227,334
115,614
21,960
122,140
26,448
-3,861
3,217
758
-2,513
26,560
Creditors
-69,004
8,668
7,371
55,755
-146,663
107,938
-3,891
-26,152
44,042
-1,767
-7,834
36,172
990
32,195
Accruals and Deferred Income
30,161
-18,994
13,199
27,522
-220,361
228,895
-2,729
6,901
Deferred Taxes & Provisions
Cash flow from operations
48,462
-58,422
-74,796
73,830
-276,844
318,611
-163
-37,065
50,187
-639
8,217
12,697
-6,917
4,896
Investing Activities
capital expenditure
-6,890
-4,099
-14,998
971
-15,547
-7,914
-1,431
497
-431
-565
-3,260
Change in Investments
cash flow from investments
-6,890
-4,099
-14,998
971
-15,547
-7,914
-1,431
497
-431
-565
-3,260
Financing Activities
Bank loans
Group/Directors Accounts
-6,983
6,983
Other Short Term Loans
Long term loans
-10,213
-9,957
-9,260
41,667
Hire Purchase and Lease Commitments
other long term liabilities
share issue
4
-4
4
interest
-3,272
-3,779
-2,916
-1,785
168
1,158
70
172
71
54
19
7
4
cash flow from financing
-13,485
-13,736
-12,176
39,882
168
1,162
70
172
71
50
-6,964
6,990
8
cash and cash equivalents
cash
10,524
-72,990
-78,349
133,697
-280,775
308,706
-55,665
42,445
-1,999
8,765
5,302
-492
1,644
overdraft
-17,563
-832
8,623
19,985
change in cash
28,087
-72,158
-86,972
113,712
-280,775
308,706
-55,665
42,445
-1,999
8,765
5,302
-492
1,644
willcox & king engineering 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 willcox & king engineering limited. Get real-time insights into willcox & king engineering limited's credit score, group structure and payment trends.
Willcox & King Engineering Limited Competitor Analysis
Perform a competitor analysis for willcox & king engineering limited by selecting its closest rivals, whether from the MANUFACTURING sector, other small companies, companies in BN18 area or any other competitors across 12 key performance metrics.
willcox & king engineering limited Ownership
WILLCOX & KING ENGINEERING LIMITED group structure
Willcox & King Engineering Limited has no subsidiary companies.
Ultimate parent company
WILLCOX & KING ENGINEERING LIMITED
07289230
WILLCOX & KING ENGINEERING LIMITED Shareholders
The largest shareholders in Willcox & King Engineering Limited include Gary Stephen Michael Moynihan and Susan Elizabeth Willcox.
gary stephen michael moynihan
50%
susan elizabeth willcox
25%
julian richard willcox
25%
willcox & king engineering limited directors
Willcox & King Engineering Limited currently has 3 directors.
The longest serving directors include
Mr Julian Willcox (Jul 2010) and
Mr Gary Moynihan (Mar 2013).
willcox & king engineering limited company details
company number
07289230
Type
Private limited with Share Capital
industry
29320 - Manufacture of other parts and accessories for motor vehicles
incorporation date
June 2010
age
15
incorporated
UK
ultimate parent company
None
accounts
Total Exemption Full
last accounts submitted
June 2024
previous names
N/A
accountant
-
auditor
-
address
unit 33 the vinery arundel road, poling, arundel, west sussex, BN18 9PY
Bank
-
Legal Advisor
-
willcox & king engineering 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 willcox & king engineering limited.
willcox & king engineering 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.
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willcox & king engineering limitedCompanies House Filings - See Documents
