wact ltd

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wact ltd Company Information

Share WACT LTD

Company Number

10172589

Shareholders

william costello

tracy costello

Group Structure

View All

Industry

Other engineering activities (not including engineering design for industrial process and production or engineering related scientific and technical consulting activities)

 

Registered Address

4 spilsbury close, willington, derby, DE65 6PF

Website

-

wact ltd Estimated Valuation

£52.7k

Pomanda estimates the enterprise value of WACT LTD at £52.7k based on a Turnover of £140.4k and 0.38x industry multiple (adjusted for size and gross margin).

wact ltd Estimated Valuation

£26.3k

Pomanda estimates the enterprise value of WACT LTD at £26.3k based on an EBITDA of £8.5k and a 3.08x industry multiple (adjusted for size and gross margin).

wact ltd Estimated Valuation

£83.1k

Pomanda estimates the enterprise value of WACT LTD at £83.1k based on Net Assets of £32.3k and 2.57x industry multiple (adjusted for liquidity).

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Wact Ltd Overview

Wact Ltd is a live company located in derby, DE65 6PF with a Companies House number of 10172589. It operates in the other engineering activities sector, SIC Code 71129. Founded in May 2016, it's largest shareholder is william costello with a 90.9% stake. Wact Ltd is a young, micro sized company, Pomanda has estimated its turnover at £140.4k with healthy growth in recent years.

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Wact Ltd Health Check

Pomanda's financial health check has awarded Wact Ltd a 3 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 5 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating3out of 5
positive_score

2 Strong

positive_score

3 Regular

positive_score

5 Weak

size

Size

annual sales of £140.4k, make it smaller than the average company (£3.4m)

£140.4k - Wact Ltd

£3.4m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 9%, show it is growing at a similar rate (10.5%)

9% - Wact Ltd

10.5% - Industry AVG

production

Production

with a gross margin of 19.3%, this company has a higher cost of product (34%)

19.3% - Wact Ltd

34% - Industry AVG

profitability

Profitability

an operating margin of 6.1% make it as profitable than the average company (6.2%)

6.1% - Wact Ltd

6.2% - Industry AVG

employees

Employees

with 2 employees, this is below the industry average (25)

2 - Wact Ltd

25 - Industry AVG

paystructure

Pay Structure

on an average salary of £55.2k, the company has an equivalent pay structure (£55.2k)

£55.2k - Wact Ltd

£55.2k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £70.2k, this is less efficient (£127.8k)

£70.2k - Wact Ltd

£127.8k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 125 days, this is later than average (69 days)

125 days - Wact Ltd

69 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 52 days, this is slower than average (28 days)

52 days - Wact Ltd

28 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Wact Ltd

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - Wact Ltd

- - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 33.6%, this is a lower level of debt than the average (56.2%)

33.6% - Wact Ltd

56.2% - Industry AVG

WACT LTD financials

EXPORTms excel logo

Wact Ltd's latest turnover from May 2024 is estimated at £140.4 thousand and the company has net assets of £32.3 thousand. According to their latest financial statements, Wact Ltd has 2 employees and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

May 2024May 2023May 2022May 2021May 2020May 2019May 2018May 2017
Turnover140,396121,371103,600108,29772,31848,88137,72612,898
Other Income Or Grants
Cost Of Sales113,24998,74185,71190,31860,46940,04731,16610,471
Gross Profit27,14722,63017,88817,97911,8498,8356,5602,427
Admin Expenses18,62813,37810,5982,66320,1306,028558197
Operating Profit8,5199,2527,29015,316-8,2812,8076,0022,230
Interest Payable
Interest Receivable
Pre-Tax Profit8,5199,2527,29015,316-8,2812,8076,0022,230
Tax-2,130-2,313-1,385-2,910-533-1,140-424
Profit After Tax6,3896,9395,90512,406-8,2812,2744,8621,806
Dividends Paid
Retained Profit6,3896,9395,90512,406-8,2812,2744,8621,806
Employee Costs110,360108,099100,58994,37392,74848,88747,06945,640
Number Of Employees22222111
EBITDA*8,5199,2527,29015,316-8,2812,8076,0022,230

* Earnings Before Interest, Tax, Depreciation and Amortisation

May 2024May 2023May 2022May 2021May 2020May 2019May 2018May 2017
Tangible Assets2993631,044637400799243486
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets2993631,044637400799243486
Stock & work in progress
Trade Debtors48,37739,11830,32429,40612,04514,3459,0254,874
Group Debtors
Misc Debtors
Cash
misc current assets
total current assets48,37739,11830,32429,40612,04514,3459,0254,874
total assets48,67639,48131,36830,04312,44515,1449,2685,360
Bank overdraft
Bank loan
Trade Creditors 16,37613,57012,39616,97611,4455,1862,6001,124
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
total current liabilities16,37613,57012,39616,97611,4455,1862,6001,124
loans
hp & lease commitments
Accruals and Deferred Income2,430
other liabilities3391,016
provisions
total long term liabilities3391,0162,430
total liabilities16,37613,57012,39616,97611,7846,2022,6003,554
net assets32,30025,91118,97213,0676618,9426,6681,806
total shareholders funds32,30025,91118,97213,0676618,9426,6681,806
May 2024May 2023May 2022May 2021May 2020May 2019May 2018May 2017
Operating Activities
Operating Profit8,5199,2527,29015,316-8,2812,8076,0022,230
Depreciation
Amortisation
Tax-2,130-2,313-1,385-2,910-533-1,140-424
Stock
Debtors9,2598,79491817,361-2,3005,3204,1514,874
Creditors2,8061,174-4,5805,5316,2592,5861,4761,124
Accruals and Deferred Income-2,4302,430
Deferred Taxes & Provisions
Cash flow from operations-64-681407576278-460-243486
Investing Activities
capital expenditure64681-407-237399-556243-486
Change in Investments
cash flow from investments64681-407-237399-556243-486
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities-339-6771,016
share issue
interest
cash flow from financing-339-6771,016
cash and cash equivalents
cash
overdraft
change in cash

wact ltd Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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Wact Ltd Competitor Analysis

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Perform a competitor analysis for wact ltd by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other micro companies, companies in DE65 area or any other competitors across 12 key performance metrics.

wact ltd Ownership

WACT LTD group structure

Wact Ltd has no subsidiary companies.

Ultimate parent company

WACT LTD

10172589

WACT LTD Shareholders

william costello 90.91%
tracy costello 9.09%

wact ltd directors

Wact Ltd currently has 1 director, Mr William Costello serving since May 2016.

officercountryagestartendrole
Mr William CostelloEngland67 years May 2016- Director

P&L

May 2024

turnover

140.4k

+16%

operating profit

8.5k

0%

gross margin

19.4%

+3.7%

turnover

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

Balance Sheet

May 2024

net assets

32.3k

+0.25%

total assets

48.7k

+0.23%

cash

0

0%

net assets

Total assets minus all liabilities

wact ltd company details

company number

10172589

Type

Private limited with Share Capital

industry

71129 - Other engineering activities (not including engineering design for industrial process and production or engineering related scientific and technical consulting activities)

incorporation date

May 2016

age

9

incorporated

UK

ultimate parent company

None

accounts

Micro-Entity Accounts

last accounts submitted

May 2024

previous names

N/A

accountant

BIAS ACCOUNTANTS LTD

auditor

-

address

4 spilsbury close, willington, derby, DE65 6PF

Bank

-

Legal Advisor

-

wact 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 wact ltd.

wact 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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wact ltd Companies House Filings - See Documents

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