Pomanda estimates the enterprise value of WATSON CARPENTRY SERVICES LTD at £318.9k based on a Turnover of £992.3k and 0.32x industry multiple (adjusted for size and gross margin).
watson carpentry services ltdEstimated Valuation
£0
Pomanda estimates the enterprise value of WATSON CARPENTRY SERVICES LTD at £0 based on an EBITDA of £-26.5k and a 2.89x industry multiple (adjusted for size and gross margin).
watson carpentry services ltdEstimated Valuation
£639.2k
Pomanda estimates the enterprise value of WATSON CARPENTRY SERVICES LTD at £639.2k based on Net Assets of £473.5k and 1.35x industry multiple (adjusted for liquidity).
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Watson Carpentry Services LtdOverview
Watson Carpentry Services Ltd is a live company located in london, SE18 6SS with a Companies House number of 07418059. It operates in the manufacture of other builders' carpentry and joinery sector, SIC Code 16230. Founded in October 2010, it's largest shareholder is
andrew watson
with a 50% stake. Watson Carpentry Services Ltd is a established,
small sized company, Pomanda has estimated its turnover at
£992.3k with
declining
growth in recent years.
Pomanda's financial health check has awarded Watson Carpentry Services Ltd a 3 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 6 areas for improvement. Company Health Check FAQs
Health Rating3out of 5
2 Strong
2 Regular
6 Weak
Size
annual sales of £992.3k, make it smaller than the average company (£7.4m)
£992.3k - Watson Carpentry Services Ltd
£7.4m - Industry AVG
Growth
3 year (CAGR) sales growth of -3%, show it is growing at a slower rate (7.9%)
-3% - Watson Carpentry Services Ltd
7.9% - Industry AVG
Production
with a gross margin of 23%, this company has a comparable cost of product (28.2%)
23% - Watson Carpentry Services Ltd
28.2% - Industry AVG
Profitability
an operating margin of -2.7% make it less profitable than the average company (8.2%)
-2.7% - Watson Carpentry Services Ltd
8.2% - Industry AVG
Employees
with 3 employees, this is below the industry average (55)
3 - Watson Carpentry Services Ltd
55 - Industry AVG
Pay Structure
on an average salary of £32.6k, the company has an equivalent pay structure (£32.6k)
£32.6k - Watson Carpentry Services Ltd
£32.6k - Industry AVG
Efficiency
resulting in sales per employee of £330.8k, this is more efficient (£143.8k)
£330.8k - Watson Carpentry Services Ltd
£143.8k - Industry AVG
Debtor Days
it gets paid by customers after 173 days, this is later than average (53 days)
173 days - Watson Carpentry Services Ltd
53 days - Industry AVG
Creditor Days
its suppliers are paid after 8 days, this is quicker than average (42 days)
8 days - Watson Carpentry Services Ltd
42 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Watson Carpentry Services Ltd
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Watson Carpentry Services Ltd
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 3.8%, this is a lower level of debt than the average (54.3%)
3.8% - Watson Carpentry Services Ltd
54.3% - Industry AVG
WATSON CARPENTRY SERVICES LTD financials
EXPORT
Watson Carpentry Services Ltd's latest turnover from October 2023 is estimated at £992.3 thousand and the company has net assets of £473.5 thousand. According to their latest financial statements, Watson Carpentry Services Ltd has 3 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Oct 2023
Oct 2022
Oct 2021
Oct 2020
Oct 2019
Oct 2018
Oct 2017
Oct 2016
Oct 2015
Oct 2014
Oct 2013
Oct 2012
Oct 2011
Turnover
992,270
1,019,287
1,047,703
1,098,489
992,387
1,077,268
1,004,472
168,113
188,209
144,736
166,591
342,760
257,267
Other Income Or Grants
Cost Of Sales
764,438
816,070
827,564
883,085
806,490
863,358
798,666
131,488
148,568
112,492
128,023
268,711
201,727
Gross Profit
227,833
203,217
220,140
215,404
185,897
213,910
205,806
36,626
39,641
32,245
38,568
74,049
55,540
Admin Expenses
254,315
211,562
142,719
209,069
154,950
116,696
192,866
-45,529
-100,803
-10,294
-22,222
54,596
-11,212
Operating Profit
-26,482
-8,345
77,421
6,335
30,947
97,214
12,940
82,155
140,444
42,539
60,790
19,453
66,752
Interest Payable
Interest Receivable
416
763
1,215
956
636
319
118
Pre-Tax Profit
-26,482
-8,345
77,421
6,335
30,947
97,214
13,356
82,918
141,659
43,495
61,426
19,772
66,870
Tax
-14,710
-1,204
-5,880
-18,471
-2,538
-16,583
-28,332
-9,134
-14,128
-4,745
-17,386
Profit After Tax
-26,482
-8,345
62,711
5,131
25,067
78,743
10,818
66,334
113,327
34,361
47,298
15,027
49,484
Dividends Paid
Retained Profit
-26,482
-8,345
62,711
5,131
25,067
78,743
10,818
66,334
113,327
34,361
47,298
15,027
49,484
Employee Costs
97,808
95,733
85,487
82,961
89,053
58,494
167,630
54,723
54,686
25,802
50,102
75,337
50,818
Number Of Employees
3
3
3
3
3
2
6
2
2
1
2
3
2
EBITDA*
-26,482
-8,345
77,421
6,335
30,947
97,214
12,940
88,506
148,240
48,639
68,083
22,883
70,201
* Earnings Before Interest, Tax, Depreciation and Amortisation
Oct 2023
Oct 2022
Oct 2021
Oct 2020
Oct 2019
Oct 2018
Oct 2017
Oct 2016
Oct 2015
Oct 2014
Oct 2013
Oct 2012
Oct 2011
Tangible Assets
20,309
37,049
11,295
15,015
20,136
11,092
16,030
13,111
17,462
12,391
15,992
4,435
4,528
Intangible Assets
8,000
10,000
12,000
14,000
16,000
18,000
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
20,309
37,049
11,295
15,015
20,136
11,092
16,030
21,111
27,462
24,391
29,992
20,435
22,528
Stock & work in progress
Trade Debtors
471,949
479,906
541,413
465,495
447,848
469,116
352,335
25,825
22,641
4,550
6,337
60,774
49,537
Group Debtors
Misc Debtors
Cash
332,632
277,381
208,475
173,748
80,478
47,226
misc current assets
total current assets
471,949
479,906
541,413
465,495
447,848
469,116
352,335
358,457
300,022
213,025
180,085
141,252
96,763
total assets
492,258
516,955
552,708
480,510
467,984
480,208
368,365
379,568
327,484
237,416
210,077
161,687
119,291
Bank overdraft
Bank loan
Trade Creditors
18,784
16,999
44,407
34,920
27,525
64,816
31,716
53,637
67,887
91,146
98,168
97,076
69,707
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
total current liabilities
18,784
16,999
44,407
34,920
27,525
64,816
31,716
53,637
67,887
91,146
98,168
97,076
69,707
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
total long term liabilities
total liabilities
18,784
16,999
44,407
34,920
27,525
64,816
31,716
53,637
67,887
91,146
98,168
97,076
69,707
net assets
473,474
499,956
508,301
445,590
440,459
415,392
336,649
325,931
259,597
146,270
111,909
64,611
49,584
total shareholders funds
473,474
499,956
508,301
445,590
440,459
415,392
336,649
325,931
259,597
146,270
111,909
64,611
49,584
Oct 2023
Oct 2022
Oct 2021
Oct 2020
Oct 2019
Oct 2018
Oct 2017
Oct 2016
Oct 2015
Oct 2014
Oct 2013
Oct 2012
Oct 2011
Operating Activities
Operating Profit
-26,482
-8,345
77,421
6,335
30,947
97,214
12,940
82,155
140,444
42,539
60,790
19,453
66,752
Depreciation
4,351
5,796
4,100
5,293
1,430
1,449
Amortisation
2,000
2,000
2,000
2,000
2,000
2,000
Tax
-14,710
-1,204
-5,880
-18,471
-2,538
-16,583
-28,332
-9,134
-14,128
-4,745
-17,386
Stock
Debtors
-7,957
-61,507
75,918
17,647
-21,268
116,781
326,510
3,184
18,091
-1,787
-54,437
11,237
49,537
Creditors
1,785
-27,408
9,487
7,395
-37,291
33,100
-21,921
-14,250
-23,259
-7,022
1,092
27,369
69,707
Accruals and Deferred Income
Deferred Taxes & Provisions
Cash flow from operations
-16,740
25,754
-3,720
-5,121
9,044
-4,938
-338,029
54,489
78,558
34,270
109,484
34,270
72,985
Investing Activities
capital expenditure
16,740
-25,754
3,720
5,121
-9,044
4,938
5,081
-10,867
-499
-16,850
-1,337
-25,977
Change in Investments
cash flow from investments
16,740
-25,754
3,720
5,121
-9,044
4,938
5,081
-10,867
-499
-16,850
-1,337
-25,977
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
share issue
-100
100
interest
416
763
1,215
956
636
319
118
cash flow from financing
316
763
1,215
956
636
319
218
cash and cash equivalents
cash
-332,632
55,251
68,906
34,727
93,270
33,252
47,226
overdraft
change in cash
-332,632
55,251
68,906
34,727
93,270
33,252
47,226
watson carpentry services ltd 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 watson carpentry services ltd. Get real-time insights into watson carpentry services ltd's credit score, group structure and payment trends.
Perform a competitor analysis for watson carpentry services ltd by selecting its closest rivals, whether from the MANUFACTURING sector, other small companies, companies in SE18 area or any other competitors across 12 key performance metrics.
watson carpentry services ltd Ownership
WATSON CARPENTRY SERVICES LTD group structure
Watson Carpentry Services Ltd has no subsidiary companies.
Ultimate parent company
WATSON CARPENTRY SERVICES LTD
07418059
WATSON CARPENTRY SERVICES LTD Shareholders
The largest shareholders in Watson Carpentry Services Ltd include Andrew Watson and Kevin Watson.
andrew watson
50%
kevin watson
50%
watson carpentry services ltd directors
Watson Carpentry Services Ltd currently has 2 directors.
The longest serving directors include
Mr Kevin Watson (Oct 2010) and
Mr Andrew Watson (Oct 2010).
16230 - Manufacture of other builders' carpentry and joinery
incorporation date
October 2010
age
15
incorporated
UK
ultimate parent company
None
accounts
Micro-Entity Accounts
last accounts submitted
October 2023
previous names
N/A
accountant
-
auditor
-
address
wellesley house, duke of wellington avenue, london, SE18 6SS
Bank
-
Legal Advisor
-
watson carpentry services ltd 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 watson carpentry services ltd.
watson carpentry services ltd 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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watson carpentry services ltdCompanies House Filings - See Documents
