winchester holdings limited Company Information
Company Number
09918595
Next Accounts
705 days late
Industry
Activities of head offices
Shareholders
mr thomas james ferris
miss megan elizabeth ferris
View AllGroup Structure
View All
Contact
Registered Address
c/o edge recovery limited, 5-7 ravensbourne road, bromley, kent, BR1 1HN
Website
burrells.co.ukwinchester holdings limited Estimated Valuation
Pomanda estimates the enterprise value of WINCHESTER HOLDINGS LIMITED at £16.5m based on a Turnover of £19.9m and 0.83x industry multiple (adjusted for size and gross margin).
winchester holdings limited Estimated Valuation
Pomanda estimates the enterprise value of WINCHESTER HOLDINGS LIMITED at £0 based on an EBITDA of £-211.8k and a 6.25x industry multiple (adjusted for size and gross margin).
winchester holdings limited Estimated Valuation
Pomanda estimates the enterprise value of WINCHESTER HOLDINGS LIMITED at £42m based on Net Assets of £21.1m and 1.99x industry multiple (adjusted for liquidity).
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Winchester Holdings Limited Overview
Winchester Holdings Limited is a live company located in bromley, BR1 1HN with a Companies House number of 09918595. It operates in the activities of head offices sector, SIC Code 70100. Founded in December 2015, it's largest shareholder is mr thomas james ferris with a 29.4% stake. Winchester Holdings Limited is a young, mid sized company, Pomanda has estimated its turnover at £19.9m with declining growth in recent years.
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Winchester Holdings Limited Health Check
Pomanda's financial health check has awarded Winchester Holdings Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 8 measures and has 4 areas for improvement. Company Health Check FAQs
8 Strong
0 Regular
4 Weak
Size
annual sales of £19.9m, make it larger than the average company (£16.2m)
£19.9m - Winchester Holdings Limited
£16.2m - Industry AVG
Growth
3 year (CAGR) sales growth of -30%, show it is growing at a slower rate (-0.2%)
-30% - Winchester Holdings Limited
-0.2% - Industry AVG
Production
with a gross margin of 38.5%, this company has a lower cost of product (31.5%)
38.5% - Winchester Holdings Limited
31.5% - Industry AVG
Profitability
an operating margin of -3.6% make it less profitable than the average company (4.4%)
-3.6% - Winchester Holdings Limited
4.4% - Industry AVG
Employees
with 293 employees, this is above the industry average (113)
293 - Winchester Holdings Limited
113 - Industry AVG
Pay Structure
on an average salary of £16.3k, the company has a lower pay structure (£41.1k)
£16.3k - Winchester Holdings Limited
£41.1k - Industry AVG
Efficiency
resulting in sales per employee of £68.1k, this is less efficient (£157.9k)
£68.1k - Winchester Holdings Limited
£157.9k - Industry AVG
Debtor Days
it gets paid by customers after 2 days, this is earlier than average (46 days)
2 days - Winchester Holdings Limited
46 days - Industry AVG
Creditor Days
its suppliers are paid after 80 days, this is slower than average (45 days)
80 days - Winchester Holdings Limited
45 days - Industry AVG
Stock Days
it holds stock equivalent to 272 days, this is more than average (50 days)
272 days - Winchester Holdings Limited
50 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 158 weeks, this is more cash available to meet short term requirements (19 weeks)
158 weeks - Winchester Holdings Limited
19 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 17.7%, this is a lower level of debt than the average (58.7%)
17.7% - Winchester Holdings Limited
58.7% - Industry AVG
WINCHESTER HOLDINGS LIMITED financials
Winchester Holdings Limited's latest turnover from April 2021 is £19.9 million and the company has net assets of £21.1 million. According to their latest financial statements, Winchester Holdings Limited has 293 employees and maintains cash reserves of £13.9 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
Apr 2021 | Apr 2020 | Apr 2019 | Apr 2018 | Apr 2017 | |
---|---|---|---|---|---|
Turnover | 19,944,040 | 40,864,736 | 44,486,383 | 57,075,507 | 61,951,150 |
Other Income Or Grants | 0 | 0 | 0 | 0 | 0 |
Cost Of Sales | 12,257,008 | 25,435,702 | 23,986,387 | 30,408,354 | 31,304,633 |
Gross Profit | 7,687,032 | 15,429,034 | 20,499,996 | 26,667,153 | 30,646,517 |
Admin Expenses | 8,405,093 | 15,862,563 | 18,942,167 | 21,213,585 | 23,353,532 |
Operating Profit | -718,061 | -433,529 | 1,557,829 | 5,453,568 | 7,292,985 |
Interest Payable | 0 | 0 | 0 | 0 | 0 |
Interest Receivable | 34,825 | 90,679 | 86,186 | 61,988 | 43,244 |
Pre-Tax Profit | -683,236 | -342,850 | 1,644,015 | 5,515,556 | 7,336,229 |
Tax | 55,544 | 48,703 | -312,363 | -1,053,243 | -1,477,804 |
Profit After Tax | -627,692 | -294,147 | 1,331,652 | 4,462,313 | 5,858,425 |
Dividends Paid | 432,212 | 665,821 | 0 | 3,000,000 | 800,000 |
Retained Profit | -1,059,904 | -959,968 | 1,331,652 | 1,462,313 | 5,058,425 |
Employee Costs | 4,788,362 | 6,299,435 | 7,265,612 | 8,258,226 | 9,103,858 |
Number Of Employees | 293 | 440 | 440 | 454 | 555 |
EBITDA* | -211,792 | 442,752 | 2,642,023 | 6,565,152 | 8,504,097 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
Apr 2021 | Apr 2020 | Apr 2019 | Apr 2018 | Apr 2017 | |
---|---|---|---|---|---|
Tangible Assets | 673,789 | 1,355,401 | 1,999,056 | 2,478,488 | 2,832,945 |
Intangible Assets | 32,286 | 123,905 | 350,524 | 632,143 | 812,334 |
Investments & Other | 159,095 | 103,551 | 56,263 | 35,057 | 3,000 |
Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 |
Total Fixed Assets | 865,170 | 1,582,857 | 2,405,843 | 3,145,688 | 3,648,279 |
Stock & work in progress | 9,167,010 | 12,341,425 | 16,359,826 | 20,628,649 | 19,617,717 |
Trade Debtors | 157,729 | 319,097 | 235,783 | 234,498 | 128,543 |
Group Debtors | 0 | 0 | 0 | 0 | 0 |
Misc Debtors | 1,609,679 | 2,144,440 | 2,665,108 | 2,248,871 | 2,700,687 |
Cash | 13,868,193 | 11,077,460 | 14,512,103 | 11,555,387 | 9,723,370 |
misc current assets | 0 | 0 | 0 | 0 | 0 |
total current assets | 24,802,611 | 25,882,422 | 33,772,820 | 34,667,405 | 32,170,317 |
total assets | 25,667,781 | 27,465,279 | 36,178,663 | 37,813,093 | 35,818,596 |
Bank overdraft | 0 | 0 | 0 | 0 | 0 |
Bank loan | 0 | 0 | 0 | 0 | 0 |
Trade Creditors | 2,697,097 | 3,334,866 | 2,813,478 | 3,749,669 | 4,383,016 |
Group/Directors Accounts | 175,543 | 98,112 | 3,765,169 | 4,952,518 | 3,962,415 |
other short term finances | 0 | 0 | 0 | 0 | 0 |
hp & lease commitments | 0 | 0 | 0 | 0 | 0 |
other current liabilities | 1,670,666 | 1,847,922 | 6,455,669 | 7,298,211 | 7,101,429 |
total current liabilities | 4,543,306 | 5,280,900 | 13,034,316 | 16,000,398 | 15,446,860 |
loans | 0 | 0 | 0 | 0 | 0 |
hp & lease commitments | 0 | 0 | 0 | 0 | 0 |
Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 |
other liabilities | 0 | 0 | 0 | 0 | 0 |
provisions | 0 | 0 | 0 | 0 | 21,354 |
total long term liabilities | 0 | 0 | 0 | 0 | 21,354 |
total liabilities | 4,543,306 | 5,280,900 | 13,034,316 | 16,000,398 | 15,468,214 |
net assets | 21,124,475 | 22,184,379 | 23,144,347 | 21,812,695 | 20,350,382 |
total shareholders funds | 21,124,475 | 22,184,379 | 23,144,347 | 21,812,695 | 20,350,382 |
Apr 2021 | Apr 2020 | Apr 2019 | Apr 2018 | Apr 2017 | |
---|---|---|---|---|---|
Operating Activities | |||||
Operating Profit | -718,061 | -433,529 | 1,557,829 | 5,453,568 | 7,292,985 |
Depreciation | 414,650 | 649,662 | 802,575 | 841,393 | 941,779 |
Amortisation | 91,619 | 226,619 | 281,619 | 270,191 | 269,333 |
Tax | 55,544 | 48,703 | -312,363 | -1,053,243 | -1,477,804 |
Stock | -3,174,415 | -4,018,401 | -4,268,823 | 1,010,932 | 19,617,717 |
Debtors | -696,129 | -437,354 | 417,522 | -345,861 | 2,829,230 |
Creditors | -637,769 | 521,388 | -936,191 | -633,347 | 4,383,016 |
Accruals and Deferred Income | -177,256 | -4,607,747 | -842,542 | 196,782 | 7,101,429 |
Deferred Taxes & Provisions | 0 | 0 | 0 | -21,354 | 21,354 |
Cash flow from operations | 2,899,271 | 860,851 | 4,402,228 | 4,388,919 | -3,914,855 |
Investing Activities | |||||
capital expenditure | 0 | 0 | 0 | -626,025 | -1,570,231 |
Change in Investments | 55,544 | 47,288 | 21,206 | 32,057 | 3,000 |
cash flow from investments | -55,544 | -47,288 | -21,206 | -658,082 | -1,573,231 |
Financing Activities | |||||
Bank loans | 0 | 0 | 0 | 0 | 0 |
Group/Directors Accounts | 77,431 | -3,667,057 | -1,187,349 | 990,103 | 3,962,415 |
Other Short Term Loans | 0 | 0 | 0 | 0 | 0 |
Long term loans | 0 | 0 | 0 | 0 | 0 |
Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 |
other long term liabilities | 0 | 0 | 0 | 0 | 0 |
share issue | |||||
interest | 34,825 | 90,679 | 86,186 | 61,988 | 43,244 |
cash flow from financing | 112,256 | -3,576,378 | -1,101,163 | 1,052,091 | 19,297,616 |
cash and cash equivalents | |||||
cash | 2,790,733 | -3,434,643 | 2,956,716 | 1,832,017 | 9,723,370 |
overdraft | 0 | 0 | 0 | 0 | 0 |
change in cash | 2,790,733 | -3,434,643 | 2,956,716 | 1,832,017 | 9,723,370 |
winchester holdings limited Credit Report and Business Information
Winchester Holdings Limited Competitor Analysis
Perform a competitor analysis for winchester holdings limited by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other mid companies, companies in BR1 area or any other competitors across 12 key performance metrics.
winchester holdings limited Ownership
WINCHESTER HOLDINGS LIMITED group structure
Winchester Holdings Limited has 2 subsidiary companies.
Ultimate parent company
WINCHESTER HOLDINGS LIMITED
09918595
2 subsidiaries
winchester holdings limited directors
Winchester Holdings Limited currently has 2 directors. The longest serving directors include Mr Edward Ferris (Dec 2015) and Mr Thomas Ferris (Dec 2015).
officer | country | age | start | end | role |
---|---|---|---|---|---|
Mr Edward Ferris | England | 44 years | Dec 2015 | - | Director |
Mr Thomas Ferris | 43 years | Dec 2015 | - | Director |
P&L
April 2021turnover
19.9m
-51%
operating profit
-718.1k
+66%
gross margin
38.6%
+2.08%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
April 2021net assets
21.1m
-0.05%
total assets
25.7m
-0.07%
cash
13.9m
+0.25%
net assets
Total assets minus all liabilities
winchester holdings limited company details
company number
09918595
Type
Private limited with Share Capital
industry
70100 - Activities of head offices
incorporation date
December 2015
age
9
incorporated
UK
ultimate parent company
accounts
Group
last accounts submitted
April 2021
previous names
N/A
accountant
-
auditor
BAULF JAMES CHARTERED ACCOUNTANTS
address
c/o edge recovery limited, 5-7 ravensbourne road, bromley, kent, BR1 1HN
Bank
-
Legal Advisor
-
winchester holdings 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 winchester holdings limited.
winchester holdings 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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winchester holdings limited Companies House Filings - See Documents
date | description | view/download |
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