worldwide structures ltd
worldwide structures ltd Company Information
Company Number
08971023
Website
www.worldwide-structures.comRegistered Address
1 brassey road old potts way, shrewsbury, shropshire, SY3 7FA
Industry
Manufacture of tubes, pipes, hollow profiles and related fittings, of steel
Telephone
01672565060
Next Accounts Due
September 2024
Group Structure
View All
Shareholders
charles edwin cox 33.3%
trevor william lewis 33.3%
View Allworldwide structures ltd Estimated Valuation
Pomanda estimates the enterprise value of WORLDWIDE STRUCTURES LTD at £251k based on a Turnover of £596.5k and 0.42x industry multiple (adjusted for size and gross margin).
worldwide structures ltd Estimated Valuation
Pomanda estimates the enterprise value of WORLDWIDE STRUCTURES LTD at £1.2m based on an EBITDA of £345.2k and a 3.35x industry multiple (adjusted for size and gross margin).
worldwide structures ltd Estimated Valuation
Pomanda estimates the enterprise value of WORLDWIDE STRUCTURES LTD at £766.6k based on Net Assets of £504k and 1.52x industry multiple (adjusted for liquidity).
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Worldwide Structures Ltd Overview
Worldwide Structures Ltd is a live company located in shropshire, SY3 7FA with a Companies House number of 08971023. It operates in the manufacture of tubes, pipes, hollow profiles and related fittings, of steel sector, SIC Code 24200. Founded in April 2014, it's largest shareholder is charles edwin cox with a 33.3% stake. Worldwide Structures Ltd is a established, small sized company, Pomanda has estimated its turnover at £596.5k with declining growth in recent years.
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Worldwide Structures Ltd Health Check
Pomanda's financial health check has awarded Worldwide Structures Ltd a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 5 areas for improvement. Company Health Check FAQs
4 Strong
3 Regular
5 Weak
Size
annual sales of £596.5k, make it smaller than the average company (£15m)
- Worldwide Structures Ltd
£15m - Industry AVG
Growth
3 year (CAGR) sales growth of -14%, show it is growing at a slower rate (3.6%)
- Worldwide Structures Ltd
3.6% - Industry AVG
Production
with a gross margin of 22.7%, this company has a comparable cost of product (22.7%)
- Worldwide Structures Ltd
22.7% - Industry AVG
Profitability
an operating margin of 41.1% make it more profitable than the average company (5.5%)
- Worldwide Structures Ltd
5.5% - Industry AVG
Employees
with 2 employees, this is below the industry average (70)
2 - Worldwide Structures Ltd
70 - Industry AVG
Pay Structure
on an average salary of £37.5k, the company has an equivalent pay structure (£37.5k)
- Worldwide Structures Ltd
£37.5k - Industry AVG
Efficiency
resulting in sales per employee of £298.2k, this is more efficient (£189.4k)
- Worldwide Structures Ltd
£189.4k - Industry AVG
Debtor Days
it gets paid by customers after 95 days, this is later than average (74 days)
- Worldwide Structures Ltd
74 days - Industry AVG
Creditor Days
its suppliers are paid after 185 days, this is slower than average (62 days)
- Worldwide Structures Ltd
62 days - Industry AVG
Stock Days
it holds stock equivalent to 5 days, this is less than average (94 days)
- Worldwide Structures Ltd
94 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 11 weeks, this is average cash available to meet short term requirements (10 weeks)
11 weeks - Worldwide Structures Ltd
10 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 56.9%, this is a higher level of debt than the average (44.3%)
56.9% - Worldwide Structures Ltd
44.3% - Industry AVG
worldwide structures ltd Credit Report and Business Information
Worldwide Structures Ltd Competitor Analysis
Perform a competitor analysis for worldwide structures ltd by selecting its closest rivals and benchmarking them against 12 key performance metrics.
worldwide structures ltd Ownership
WORLDWIDE STRUCTURES LTD group structure
Worldwide Structures Ltd has no subsidiary companies.
Ultimate parent company
WORLDWIDE STRUCTURES LTD
08971023
worldwide structures ltd directors
Worldwide Structures Ltd currently has 2 directors. The longest serving directors include Mr Trevor Lewis (Apr 2014) and Mr Charles Cox (Jun 2014).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Trevor Lewis | 72 years | Apr 2014 | - | Director | |
| Mr Charles Cox | United Kingdom | 57 years | Jun 2014 | - | Director |
WORLDWIDE STRUCTURES LTD financials
Worldwide Structures Ltd's latest turnover from December 2022 is estimated at £596.5 thousand and the company has net assets of £504 thousand. According to their latest financial statements, Worldwide Structures Ltd has 2 employees and maintains cash reserves of £100.4 thousand 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 | |
|---|---|---|---|---|---|---|---|---|---|
| Turnover | |||||||||
| Other Income Or Grants | |||||||||
| Cost Of Sales | |||||||||
| Gross Profit | |||||||||
| Admin Expenses | |||||||||
| Operating Profit | |||||||||
| Interest Payable | |||||||||
| Interest Receivable | |||||||||
| Pre-Tax Profit | |||||||||
| Tax | |||||||||
| Profit After Tax | |||||||||
| Dividends Paid | |||||||||
| Retained Profit | |||||||||
| Employee Costs | |||||||||
| Number Of Employees | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | |
| EBITDA* |
* 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 | |
|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 386,108 | 188,703 | 60,655 | 89,915 | 18,264 | 18,804 | 3,157 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 386,108 | 188,703 | 60,655 | 89,915 | 18,264 | 18,804 | 3,157 | 0 | 0 |
| Stock & work in progress | 6,527 | 0 | 156,285 | 89,153 | 23,027 | 122,438 | 59,900 | 0 | 0 |
| Trade Debtors | 156,422 | 49,572 | 64,209 | 369,085 | 95,555 | 36,696 | 232,943 | 3,917 | 41,688 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 520,101 | 421,512 | 451,892 | 107,979 | 17,037 | 19,262 | 39,026 | 24,835 | 0 |
| Cash | 100,412 | 30,241 | 44,059 | 144,124 | 51,624 | 87,044 | 52,517 | 148,753 | 17,663 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 783,462 | 501,325 | 716,445 | 710,341 | 187,243 | 265,440 | 384,386 | 177,505 | 59,351 |
| total assets | 1,169,570 | 690,028 | 777,100 | 800,256 | 205,507 | 284,244 | 387,543 | 177,505 | 59,351 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 56,082 | 56,082 | 13,889 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 233,751 | 61,621 | 32,986 | 115,613 | 25,915 | 28,874 | 138,268 | 30,553 | 57,737 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 174,733 | 46,049 | 74,362 | 193,973 | 31,224 | 136,437 | 185,550 | 127,846 | 0 |
| total current liabilities | 464,566 | 163,752 | 121,237 | 309,586 | 57,139 | 165,311 | 323,818 | 158,399 | 57,737 |
| loans | 120,221 | 176,303 | 236,111 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 20,110 | 30,633 | 41,157 | 49,363 | 0 | 0 | 0 | 0 | 0 |
| provisions | 60,648 | 0 | 0 | 14,298 | 3,470 | 3,573 | 600 | 0 | 0 |
| total long term liabilities | 200,979 | 206,936 | 277,268 | 63,661 | 3,470 | 3,573 | 600 | 0 | 0 |
| total liabilities | 665,545 | 370,688 | 398,505 | 373,247 | 60,609 | 168,884 | 324,418 | 158,399 | 57,737 |
| net assets | 504,025 | 319,340 | 378,595 | 427,009 | 144,898 | 115,360 | 63,125 | 19,106 | 1,614 |
| total shareholders funds | 504,025 | 319,340 | 378,595 | 427,009 | 144,898 | 115,360 | 63,125 | 19,106 | 1,614 |
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | |
|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||
| Operating Profit | |||||||||
| Depreciation | 100,032 | 25,670 | 29,260 | 21,169 | 7,650 | 4,353 | 994 | 0 | 0 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | |||||||||
| Stock | 6,527 | -156,285 | 67,132 | 66,126 | -99,411 | 62,538 | 59,900 | 0 | 0 |
| Debtors | 205,439 | -45,017 | 39,037 | 364,472 | 56,634 | -216,011 | 243,217 | -12,936 | 41,688 |
| Creditors | 172,130 | 28,635 | -82,627 | 89,698 | -2,959 | -109,394 | 107,715 | -27,184 | 57,737 |
| Accruals and Deferred Income | 128,684 | -28,313 | -119,611 | 162,749 | -105,213 | -49,113 | 57,704 | 127,846 | 0 |
| Deferred Taxes & Provisions | 60,648 | 0 | -14,298 | 10,828 | -103 | 2,973 | 600 | 0 | 0 |
| Cash flow from operations | |||||||||
| Investing Activities | |||||||||
| capital expenditure | |||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | |||||||||
| Financing Activities | |||||||||
| Bank loans | 0 | 42,193 | 13,889 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | -56,082 | -59,808 | 236,111 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | -10,523 | -10,524 | -8,206 | 49,363 | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||||||
| interest | |||||||||
| cash flow from financing | |||||||||
| cash and cash equivalents | |||||||||
| cash | 70,171 | -13,818 | -100,065 | 92,500 | -35,420 | 34,527 | -96,236 | 131,090 | 17,663 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 70,171 | -13,818 | -100,065 | 92,500 | -35,420 | 34,527 | -96,236 | 131,090 | 17,663 |
P&L
December 2022turnover
596.5k
+95%
operating profit
245.1k
0%
gross margin
22.7%
+19.34%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2022net assets
504k
+0.58%
total assets
1.2m
+0.69%
cash
100.4k
+2.32%
net assets
Total assets minus all liabilities
Similar Companies
worldwide structures ltd company details
company number
08971023
Type
Private limited with Share Capital
industry
24200 - Manufacture of tubes, pipes, hollow profiles and related fittings, of steel
incorporation date
April 2014
age
10
accounts
Total Exemption Full
ultimate parent company
previous names
N/A
incorporated
UK
address
1 brassey road old potts way, shrewsbury, shropshire, SY3 7FA
last accounts submitted
December 2022
worldwide structures 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 worldwide structures ltd.
worldwide structures ltd Companies House Filings - See Documents
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