Watkins Contractors Ltd

POWER SEARCH PRICING

SOLUTIONS

watkins contractors ltd Company Information

Live

EstablishedSmallDeclining

Company Number

07609730

Website

www.watkins-contractors.co.uk

Registered Address

2 wyevale business park, kings acre, hereford, herefordshire, HR4 7BS

Industry

Support activities for crop production

Telephone

Next Accounts Due

December 2024

Group Structure

View All

Directors

Philip Watkins13 Years

Gareth Watkins13 Years

Shareholders

philip william watkins 51%

gareth james watkins 49%

watkins contractors ltd Estimated Valuation

£0 - £385.8k

The estimated valuation range for watkins contractors ltd, derived from financial data as of March 2023 and the most recent industry multiples, is between £0 to £385.8k

Get a detailed valuation report, edit figures and unlock valuation multiples.

Watkins Contractors Ltd AI Business Plan

In just minutes, we combine Pomanda’s company and industry data with cutting edge Artificial Intelligence to build a comprehensive 27 section business plan. You then have 60 days to tailor the information, decide which sections to include or exclude, and add your own branding logos, images and color scheme to create your perfect plan.

View Sample

Watkins Contractors Ltd is a live company located in hereford, HR4 7BS with a Companies House number of 07609730. It operates in the support activities for crop production sector, SIC Code 01610. Founded in April 2011, it's largest shareholder is philip william watkins with a 51% stake. Watkins Contractors Ltd is a established, small sized company, Pomanda has estimated its turnover at £2m with declining growth in recent years.

View Sample

Upgrade for unlimited company reports & a free credit check

Pomanda's financial health check has awarded Watkins Contractors Ltd a 2.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 7 areas for improvement. Company Health Check FAQs

Health Rating2.5out of 5

3 Strong

1 Regular

7 Weak

Size

annual sales of £2m, make it smaller than the average company (£3.7m)

Growth

3 year (CAGR) sales growth of -7%, show it is growing at a slower rate (6.1%)

Very Low Risk70 - 100

Low Risk50 - 70

Moderate Risk30 - 50

High Risk20 - 30

Very High Risk0 - 20

Get a comprehensive credit check for watkins contractors ltd. Get real-time insights into watkins contractors ltd's credit score, group structure and payment trends.

From as little as £6.99

This will not impact your credit rating!

View Credit Report Sample

Perform a competitor analysis for watkins contractors ltd by selecting its closest rivals and benchmarking them against 12 key performance metrics.

WATKINS CONTRACTORS LTD group structure

Watkins Contractors Ltd has no subsidiary companies.

Ultimate parent company

WATKINS CONTRACTORS LTD

07609730

WATKINS CONTRACTORS LTD Shareholders

philip william watkins	51%
gareth james watkins	49%

Watkins Contractors Ltd currently has 2 directors. The longest serving directors include Mr Philip Watkins (Apr 2011) and Mr Gareth Watkins (Apr 2011).

officer	country	age	start	end	role
Mr Philip Watkins	England	70 years	Apr 2011	-	Director
Mr Gareth Watkins	United Kingdom	44 years	Apr 2011	-	Director

EXPORT

Watkins Contractors Ltd's latest turnover from March 2023 is estimated at £2 million and the company has net assets of -£205.7 thousand. According to their latest financial statements, we estimate that Watkins Contractors Ltd has 4 employees and maintains cash reserves of £8.7 thousand as reported in the balance sheet.

Data source: Companies House, Pomanda Estimates

	Mar 2023	Mar 2022	Mar 2021	Mar 2020	Mar 2019	Mar 2018	Mar 2017	Mar 2016	Mar 2015	Mar 2014	Mar 2013	Mar 2012
Turnover	1,969,946	2,310,126	2,625,271	2,450,871	1,710,306	1,296,668	1,181,154	1,467,134	1,626,439	916,277	557,383	295,963
Other Income Or Grants	0	0	0	0	0	0	0	0	0	0	0	0
Cost Of Sales	1,700,054	2,051,254	2,377,084	2,135,795	1,501,389	1,128,639	1,031,842	1,278,001	1,442,002	768,454	481,652	246,358
Gross Profit	269,892	258,872	248,187	315,076	208,917	168,029	149,312	189,134	184,437	147,823	75,731	49,605
Admin Expenses	402,899	302,264	252,552	267,362	195,052	173,950	160,233	213,481	196,160	224,428	40,357	13,485
Operating Profit	-133,007	-43,392	-4,365	47,714	13,865	-5,921	-10,921	-24,347	-11,723	-76,605	35,374	36,120
Interest Payable	0	0	0	0	0	0	0	0	0	0	0	0
Interest Receivable	413	63	10	9	95	68	35	69	23	97	147	61
Pre-Tax Profit	-132,594	-43,329	-4,355	47,722	13,959	-5,853	-10,886	-24,278	-11,700	-76,508	35,521	36,181
Tax	0	0	0	-9,067	-2,652	0	0	0	0	0	-8,525	-9,407
Profit After Tax	-132,594	-43,329	-4,355	38,655	11,307	-5,853	-10,886	-24,278	-11,700	-76,508	26,996	26,774
Dividends Paid	0	0	0	0	0	0	0	0	0	0	0	0
Retained Profit	-132,594	-43,329	-4,355	38,655	11,307	-5,853	-10,886	-24,278	-11,700	-76,508	26,996	26,774
Employee Costs	177,454	594,191	632,056	765,846	618,451	513,819	363,527	120,256	113,952	77,282	39,171	39,808
Number Of Employees	4	14	16	19	15	13	10	3	3	2	1	1
EBITDA*	51,210	182,549	240,060	277,903	208,006	163,909	174,724	145,271	163,266	102,297	147,606	75,456

* Earnings Before Interest, Tax, Depreciation and Amortisation

	Mar 2023	Mar 2022	Mar 2021	Mar 2020	Mar 2019	Mar 2018	Mar 2017	Mar 2016	Mar 2015	Mar 2014	Mar 2013	Mar 2012
Tangible Assets	736,495	903,766	977,696	920,758	776,566	679,318	742,579	678,471	699,953	716,042	449,094	255,682
Intangible Assets	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
Debtors (Due After 1 year)	0	0	0	0	0	0	0	0	0	0	0	0
Total Fixed Assets	736,495	903,766	977,696	920,758	776,566	679,318	742,579	678,471	699,953	716,042	449,094	255,682
Stock & work in progress	0	39,480	0	0	0	0	0	0	0	0	0	0
Trade Debtors	143,162	331,863	278,384	228,395	92,956	76,821	80,206	107,955	65,060	49,350	35,101	30,990
Group Debtors	0	0	0	0	0	0	0	0	0	0	0	0
Misc Debtors	0	0	0	0	0	0	0	0	0	0	0	0
Cash	8,666	10,780	6,077	14,128	3,260	21,961	5,087	22,870	4,924	4,308	34,466	24,516
misc current assets	0	0	0	0	0	0	0	0	0	0	0	0
total current assets	151,828	382,123	284,461	242,523	96,216	98,782	85,293	130,825	69,984	53,658	69,567	55,506
total assets	888,323	1,285,889	1,262,157	1,163,281	872,782	778,100	827,872	809,296	769,937	769,700	518,661	311,188
Bank overdraft	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
Trade Creditors	1,081,612	1,323,769	1,240,417	1,143,741	891,986	817,068	858,086	845,629	778,411	764,421	463,035	283,097
Group/Directors Accounts	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
hp & lease commitments	0	0	0	0	0	0	0	0	0	0	0	0
other current liabilities	0	0	0	0	0	0	0	0	0	0	0	0
total current liabilities	1,081,612	1,323,769	1,240,417	1,143,741	891,986	817,068	858,086	845,629	778,411	764,421	463,035	283,097
loans	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
Accruals and Deferred Income	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
provisions	12,382	35,197	51,488	44,933	44,844	36,387	39,288	22,283	25,864	27,917	1,756	1,217
total long term liabilities	12,382	35,197	51,488	44,933	44,844	36,387	39,288	22,283	25,864	27,917	1,756	1,217
total liabilities	1,093,994	1,358,966	1,291,905	1,188,674	936,830	853,455	897,374	867,912	804,275	792,338	464,791	284,314
net assets	-205,671	-73,077	-29,748	-25,393	-64,048	-75,355	-69,502	-58,616	-34,338	-22,638	53,870	26,874
total shareholders funds	-205,671	-73,077	-29,748	-25,393	-64,048	-75,355	-69,502	-58,616	-34,338	-22,638	53,870	26,874

	Mar 2023	Mar 2022	Mar 2021	Mar 2020	Mar 2019	Mar 2018	Mar 2017	Mar 2016	Mar 2015	Mar 2014	Mar 2013	Mar 2012
Operating Activities
Operating Profit	-133,007	-43,392	-4,365	47,714	13,865	-5,921	-10,921	-24,347	-11,723	-76,605	35,374	36,120
Depreciation	184,217	225,941	244,425	230,189	194,141	169,830	185,645	169,618	174,989	178,902	112,232	39,336
Amortisation	0	0	0	0	0	0	0	0	0	0	0	0
Tax	0	0	0	-9,067	-2,652	0	0	0	0	0	-8,525	-9,407
Stock	-39,480	39,480	0	0	0	0	0	0	0	0	0	0
Debtors	-188,701	53,479	49,989	135,439	16,135	-3,385	-27,749	42,895	15,710	14,249	4,111	30,990
Creditors	-242,157	83,352	96,676	251,755	74,918	-41,018	12,457	67,218	13,990	301,386	179,938	283,097
Accruals and Deferred Income	0	0	0	0	0	0	0	0	0	0	0	0
Deferred Taxes & Provisions	-22,815	-16,291	6,555	89	8,457	-2,901	17,005	-3,581	-2,053	26,161	539	1,217
Cash flow from operations	14,419	156,651	293,302	385,241	272,594	123,375	231,935	166,013	159,493	415,595	315,447	319,373
Investing Activities
capital expenditure	-16,946	-152,011	-301,363	-374,381	-291,389	-106,569	-249,753	-148,136	-158,900	-445,850	-305,644	-295,018
Change in Investments	0	0	0	0	0	0	0	0	0	0	0	0
cash flow from investments	-16,946	-152,011	-301,363	-374,381	-291,389	-106,569	-249,753	-148,136	-158,900	-445,850	-305,644	-295,018
Financing Activities
Bank loans	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
Other Short Term Loans	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
Hire Purchase and Lease Commitments	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
share issue	0	0	0	0	0	0	0	0	0	0	0	100
interest	413	63	10	9	95	68	35	69	23	97	147	61
cash flow from financing	413	63	10	9	95	68	35	69	23	97	147	161
cash and cash equivalents
cash	-2,114	4,703	-8,051	10,868	-18,701	16,874	-17,783	17,946	616	-30,158	9,950	24,516
overdraft	0	0	0	0	0	0	0	0	0	0	0	0
change in cash	-2,114	4,703	-8,051	10,868	-18,701	16,874	-17,783	17,946	616	-30,158	9,950	24,516

P&L

March 2023

turnover

-15%

operating profit

-133k

gross margin

13.8%

+22.26%

turnover

Turnover, or revenue, is the amount of sales generated by a company within the financial year.

Balance Sheet

March 2023

net assets

-205.7k

+1.81%

total assets

888.3k

-0.31%

cash

8.7k

-0.2%

net assets

Total assets minus all liabilities

Similar Companies

Agree?

acc-sel genetics limited

a legge & sons contracting limited

3.5

suckley rednal limited

j l carter and sons limited

pan agriculture ltd.

company number

07609730

Type

Private limited with Share Capital

industry

01610 - Support activities for crop production

incorporation date

April 2011

age

accounts

Unaudited Abridged

ultimate parent company

None

previous names

N/A

incorporated

address

2 wyevale business park, kings acre, hereford, herefordshire, HR4 7BS

last accounts submitted

March 2023

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 watkins contractors ltd.

watkins contractors ltd Company Information

watkins contractors ltd Estimated Valuation

watkins contractors ltd Estimated Valuation

watkins contractors ltd Estimated Valuation

Watkins Contractors Ltd AI Business Plan

Watkins Contractors Ltd Overview

Watkins Contractors Ltd Health Check

watkins contractors ltd Credit Report and Business Information

Watkins Contractors Ltd Competitor Analysis

watkins contractors ltd Ownership

watkins contractors ltd directors

WATKINS CONTRACTORS LTD financials

watkins contractors ltd company details

watkins contractors ltd Charges & Mortgages

watkins contractors ltd Companies House Filings - See Documents