welford topco limited
welford topco limited Company Information
Company Number
09408881
Next Accounts
Dec 2025
Directors
Shareholders
martin peter madden
amrit kaur mann
Group Structure
View All
Industry
Activities of other holding companies (not including agricultural, production, construction, distribution and financial services holding companies) n.e.c.
Registered Address
granville hall granville road, leicester, leicestershire, LE1 7RU
Website
-welford topco limited Estimated Valuation
Pomanda estimates the enterprise value of WELFORD TOPCO LIMITED at £212.6m based on a Turnover of £74.6m and 2.85x industry multiple (adjusted for size and gross margin).
welford topco limited Estimated Valuation
Pomanda estimates the enterprise value of WELFORD TOPCO LIMITED at £238.9m based on an EBITDA of £20.2m and a 11.84x industry multiple (adjusted for size and gross margin).
welford topco limited Estimated Valuation
Pomanda estimates the enterprise value of WELFORD TOPCO LIMITED at £19.9m based on Net Assets of £14.8m and 1.34x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Welford Topco Limited Overview
Welford Topco Limited is a live company located in leicestershire, LE1 7RU with a Companies House number of 09408881. It operates in the activities of other holding companies n.e.c. sector, SIC Code 64209. Founded in January 2015, it's largest shareholder is martin peter madden with a 99.5% stake. Welford Topco Limited is a established, large sized company, Pomanda has estimated its turnover at £74.6m with rapid growth in recent years.
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Welford Topco Limited Health Check
Pomanda's financial health check has awarded Welford Topco 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
0 Regular
3 Weak
Size
annual sales of £74.6m, make it larger than the average company (£19.2m)
£74.6m - Welford Topco Limited
£19.2m - Industry AVG
Growth
3 year (CAGR) sales growth of 80%, show it is growing at a faster rate (11.7%)
80% - Welford Topco Limited
11.7% - Industry AVG
Production
with a gross margin of 46.1%, this company has a lower cost of product (34.9%)
46.1% - Welford Topco Limited
34.9% - Industry AVG
Profitability
an operating margin of 20.5% make it more profitable than the average company (4.6%)
20.5% - Welford Topco Limited
4.6% - Industry AVG
Employees
with 1390 employees, this is above the industry average (105)
1390 - Welford Topco Limited
105 - Industry AVG
Pay Structure
on an average salary of £29.2k, the company has a lower pay structure (£44.6k)
£29.2k - Welford Topco Limited
£44.6k - Industry AVG
Efficiency
resulting in sales per employee of £53.6k, this is less efficient (£191.1k)
£53.6k - Welford Topco Limited
£191.1k - Industry AVG
Debtor Days
it gets paid by customers after 25 days, this is earlier than average (44 days)
25 days - Welford Topco Limited
44 days - Industry AVG
Creditor Days
its suppliers are paid after 12 days, this is quicker than average (43 days)
12 days - Welford Topco Limited
43 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Welford Topco Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 28 weeks, this is more cash available to meet short term requirements (14 weeks)
28 weeks - Welford Topco Limited
14 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 88.6%, this is a higher level of debt than the average (68.7%)
88.6% - Welford Topco Limited
68.7% - Industry AVG
WELFORD TOPCO LIMITED financials
Welford Topco Limited's latest turnover from March 2024 is £74.6 million and the company has net assets of £14.8 million. According to their latest financial statements, Welford Topco Limited has 1,390 employees and maintains cash reserves of £6.4 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Jan 2019 | Jan 2018 | Jan 2017 | Jan 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 74,572,734 | 49,165,102 | 17,314,373 | 12,761,052 | 7,984,351 | |||||
| Other Income Or Grants | ||||||||||
| Cost Of Sales | 40,196,549 | 27,796,721 | 8,177,626 | 5,694,185 | 3,351,009 | |||||
| Gross Profit | 34,376,185 | 21,368,381 | 9,136,747 | 7,066,867 | 4,633,342 | |||||
| Admin Expenses | 19,080,374 | 9,207,404 | 5,574,368 | 3,451,878 | 2,982,433 | |||||
| Operating Profit | 15,295,811 | 12,160,977 | 3,562,379 | 3,614,989 | 1,650,909 | |||||
| Interest Payable | 5,043,482 | 4,991,791 | 1,292,312 | 879,334 | 511,727 | |||||
| Interest Receivable | 29,333 | 53 | 225 | |||||||
| Pre-Tax Profit | 10,281,662 | 6,001,288 | 2,270,067 | 3,118,208 | 1,117,791 | |||||
| Tax | -3,045,317 | -1,378,355 | -425,274 | -617,785 | -618,952 | |||||
| Profit After Tax | 7,236,345 | 4,622,933 | 1,844,793 | 2,500,423 | 498,839 | |||||
| Dividends Paid | 32,338 | 163,000 | 121,000 | 91,000 | ||||||
| Retained Profit | 6,545,559 | 4,082,452 | 1,478,866 | 2,104,377 | 399,147 | |||||
| Employee Costs | 40,522,635 | 27,741,343 | 9,142,876 | 6,522,630 | 4,026,439 | |||||
| Number Of Employees | 1,390 | 1,150 | 561 | 447 | 289 | |||||
| EBITDA* | 20,171,847 | 16,392,066 | 5,127,109 | 4,749,532 | 2,319,691 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Jan 2019 | Jan 2018 | Jan 2017 | Jan 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 120,781,401 | 66,758,287 | 44,731,029 | 33,378,896 | 21,314,888 | |||||
| Intangible Assets | 588,015 | 336,668 | 190,148 | 220,698 | 150,156 | |||||
| Investments & Other | 1 | 1 | ||||||||
| Debtors (Due After 1 year) | ||||||||||
| Total Fixed Assets | 121,369,416 | 67,094,955 | 44,921,177 | 33,599,594 | 21,465,044 | 1 | 1 | |||
| Stock & work in progress | 8,187 | 2,000 | ||||||||
| Trade Debtors | 5,295,692 | 3,563,382 | 564,586 | 728,922 | 640,398 | |||||
| Group Debtors | ||||||||||
| Misc Debtors | 7,125,396 | 8,661,585 | 2,914,255 | 883,054 | 734,237 | |||||
| Cash | 6,417,181 | 4,064,833 | 4,377,442 | 5,368,512 | 1,172,520 | 199 | 199 | 1 | 1 | |
| misc current assets | 2,186,072 | 57,225,000 | ||||||||
| total current assets | 21,024,341 | 73,514,800 | 7,864,470 | 6,982,488 | 2,547,155 | 199 | 199 | 1 | 1 | |
| total assets | 142,393,757 | 140,609,755 | 52,785,647 | 40,582,082 | 24,012,199 | 200 | 200 | 1 | 1 | |
| Bank overdraft | ||||||||||
| Bank loan | 158,439 | 145,287 | 117,378 | 80,833 | ||||||
| Trade Creditors | 1,329,277 | 1,865,394 | 1,021,231 | 660,463 | 526,137 | |||||
| Group/Directors Accounts | 1,461 | 28,142 | 29,154 | 29,154 | ||||||
| other short term finances | ||||||||||
| hp & lease commitments | 3,789,123 | 2,149,442 | 1,347,487 | 1,431,105 | 868,629 | |||||
| other current liabilities | 6,435,832 | 65,157,688 | 3,979,843 | 3,079,266 | 975,516 | |||||
| total current liabilities | 11,714,132 | 69,317,811 | 6,494,081 | 5,280,821 | 2,399,436 | |||||
| loans | 143,262 | 302,101 | 468,560 | 567,167 | ||||||
| hp & lease commitments | 113,521,847 | 61,312,220 | 29,575,523 | 30,800,285 | 19,869,000 | |||||
| Accruals and Deferred Income | ||||||||||
| other liabilities | 11,050,105 | |||||||||
| provisions | 803,620 | 325,260 | 162,722 | 489,818 | 597,197 | |||||
| total long term liabilities | 114,468,729 | 61,939,581 | 41,256,910 | 31,857,270 | 20,466,197 | |||||
| total liabilities | 126,182,861 | 131,257,392 | 47,750,991 | 37,138,091 | 22,865,633 | |||||
| net assets | 14,813,999 | 8,523,440 | 4,613,203 | 3,134,337 | 1,029,959 | 200 | 200 | 1 | 1 | |
| total shareholders funds | 14,813,999 | 8,523,440 | 4,613,203 | 3,134,337 | 1,029,959 | 200 | 200 | 1 | 1 |
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Jan 2019 | Jan 2018 | Jan 2017 | Jan 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||
| Operating Profit | 15,295,811 | 12,160,977 | 3,562,379 | 3,614,989 | 1,650,909 | |||||
| Depreciation | 4,720,176 | 2,571,436 | 1,526,450 | 1,086,708 | 648,523 | |||||
| Amortisation | 155,860 | 1,659,653 | 38,280 | 47,835 | 20,259 | |||||
| Tax | -3,045,317 | -1,378,355 | -425,274 | -617,785 | -618,952 | |||||
| Stock | -8,187 | 6,187 | 2,000 | |||||||
| Debtors | 196,121 | 8,746,126 | 1,866,865 | 237,341 | 1,374,635 | |||||
| Creditors | -536,117 | 844,163 | 360,768 | 134,326 | 526,137 | |||||
| Accruals and Deferred Income | -58,721,856 | 61,177,845 | 900,577 | 2,103,750 | 975,516 | |||||
| Deferred Taxes & Provisions | 478,360 | 162,538 | -327,096 | -107,379 | 597,197 | |||||
| Cash flow from operations | -41,849,204 | 68,460,318 | 3,763,032 | 6,023,103 | 2,424,954 | |||||
| Investing Activities | ||||||||||
| capital expenditure | ||||||||||
| Change in Investments | -1 | 1 | 1 | |||||||
| cash flow from investments | 1 | |||||||||
| Financing Activities | ||||||||||
| Bank loans | 13,152 | 27,909 | 36,545 | 80,833 | ||||||
| Group/Directors Accounts | 1,461 | -28,142 | -1,012 | 29,154 | ||||||
| Other Short Term Loans | ||||||||||
| Long term loans | -158,839 | -166,459 | -98,607 | 567,167 | ||||||
| Hire Purchase and Lease Commitments | 53,849,308 | 32,538,652 | -1,308,380 | 11,493,761 | 20,737,629 | |||||
| other long term liabilities | -11,050,105 | 11,050,105 | ||||||||
| share issue | ||||||||||
| interest | -5,014,149 | -4,991,791 | -1,292,312 | -879,281 | -511,502 | |||||
| cash flow from financing | 48,435,933 | 16,157,849 | 8,386,339 | 11,262,481 | 20,885,893 | |||||
| cash and cash equivalents | ||||||||||
| cash | 2,352,348 | -312,609 | -991,070 | 4,195,992 | 1,172,321 | 198 | 198 | 1 | ||
| overdraft | ||||||||||
| change in cash | 2,352,348 | -312,609 | -991,070 | 4,195,992 | 1,172,321 | 198 | 198 | 1 |
welford topco limited Credit Report and Business Information
Welford Topco Limited Competitor Analysis
Perform a competitor analysis for welford topco limited by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other large companies, companies in LE1 area or any other competitors across 12 key performance metrics.
welford topco limited Ownership
WELFORD TOPCO LIMITED group structure
Welford Topco Limited has 1 subsidiary company.
welford topco limited directors
Welford Topco Limited currently has 1 director, Mr Martin Madden serving since Jan 2015.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Martin Madden | England | 37 years | Jan 2015 | - | Director |
P&L
March 2024turnover
74.6m
+52%
operating profit
15.3m
+26%
gross margin
46.1%
+6.06%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2024net assets
14.8m
+0.74%
total assets
142.4m
+0.01%
cash
6.4m
+0.58%
net assets
Total assets minus all liabilities
Similar Companies
welford topco limited company details
company number
09408881
Type
Private limited with Share Capital
industry
64209 - Activities of other holding companies (not including agricultural, production, construction, distribution and financial services holding companies) n.e.c.
incorporation date
January 2015
age
10
incorporated
UK
ultimate parent company
accounts
Group
last accounts submitted
March 2024
previous names
uffington road (c. apts.) limited (March 2018)
accountant
-
auditor
MARK J REES LLP CHARTERED ACCOUNTANTS
address
granville hall granville road, leicester, leicestershire, LE1 7RU
Bank
-
Legal Advisor
-
welford topco 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 welford topco limited.
welford topco 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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welford topco limited Companies House Filings - See Documents
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