wright trading ltd
wright trading ltd Company Information
Company Number
10176792
Website
-Registered Address
76 ralph road shirley, solihull, B90 3JU
Industry
Retail sale via mail order houses or via Internet
Telephone
-
Next Accounts Due
February 2025
Group Structure
View All
Directors
Scott Wright8 Years
Shareholders
scott harry wright 100%
wright trading ltd Estimated Valuation
Pomanda estimates the enterprise value of WRIGHT TRADING LTD at £14.4k based on a Turnover of £62.2k and 0.23x industry multiple (adjusted for size and gross margin).
wright trading ltd Estimated Valuation
Pomanda estimates the enterprise value of WRIGHT TRADING LTD at £0 based on an EBITDA of £-34 and a 3.15x industry multiple (adjusted for size and gross margin).
wright trading ltd Estimated Valuation
Pomanda estimates the enterprise value of WRIGHT TRADING LTD at £0 based on Net Assets of £-30.8k and 2.07x industry multiple (adjusted for liquidity).
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Wright Trading Ltd Overview
Wright Trading Ltd is a live company located in solihull, B90 3JU with a Companies House number of 10176792. It operates in the retail sale via mail order houses or via internet sector, SIC Code 47910. Founded in May 2016, it's largest shareholder is scott harry wright with a 100% stake. Wright Trading Ltd is a young, micro sized company, Pomanda has estimated its turnover at £62.2k with declining growth in recent years.
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Wright Trading Ltd Health Check
Pomanda's financial health check has awarded Wright Trading Ltd a 1 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 8 areas for improvement. Company Health Check FAQs
1 Strong
1 Regular
8 Weak
Size
annual sales of £62.2k, make it smaller than the average company (£324.1k)
- Wright Trading Ltd
£324.1k - Industry AVG
Growth
3 year (CAGR) sales growth of -6%, show it is growing at a slower rate (6.1%)
- Wright Trading Ltd
6.1% - Industry AVG
Production
with a gross margin of 19.9%, this company has a higher cost of product (36.6%)
- Wright Trading Ltd
36.6% - Industry AVG
Profitability
an operating margin of 0% make it less profitable than the average company (2.2%)
- Wright Trading Ltd
2.2% - Industry AVG
Employees
with 1 employees, this is below the industry average (4)
- Wright Trading Ltd
4 - Industry AVG
Pay Structure
on an average salary of £26.6k, the company has an equivalent pay structure (£26.6k)
- Wright Trading Ltd
£26.6k - Industry AVG
Efficiency
resulting in sales per employee of £62.2k, this is less efficient (£155.3k)
- Wright Trading Ltd
£155.3k - Industry AVG
Debtor Days
it gets paid by customers after 40 days, this is later than average (22 days)
- Wright Trading Ltd
22 days - Industry AVG
Creditor Days
its suppliers are paid after 196 days, this is slower than average (31 days)
- Wright Trading Ltd
31 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Wright Trading Ltd
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Wright Trading Ltd
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 547.8%, this is a higher level of debt than the average (75.9%)
547.8% - Wright Trading Ltd
75.9% - Industry AVG
WRIGHT TRADING LTD financials
Wright Trading Ltd's latest turnover from May 2023 is estimated at £62.2 thousand and the company has net assets of -£30.8 thousand. According to their latest financial statements, we estimate that Wright Trading Ltd has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| May 2023 | May 2022 | May 2021 | May 2020 | May 2019 | May 2018 | May 2017 | |
|---|---|---|---|---|---|---|---|
| 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 | 1 | 1 | 1 | 1 | |||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| May 2023 | May 2022 | May 2021 | May 2020 | May 2019 | May 2018 | May 2017 | |
|---|---|---|---|---|---|---|---|
| Tangible Assets | 0 | 688 | 1,973 | 5,782 | 14,050 | 20,972 | 23,681 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 0 | 688 | 1,973 | 5,782 | 14,050 | 20,972 | 23,681 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 6,885 | 7,471 | 7,039 | 12,544 | 17,111 | 21,573 | 12,979 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| misc current assets | 0 | 0 | 0 | 0 | 5,183 | 5,175 | 0 |
| total current assets | 6,885 | 7,471 | 7,039 | 12,544 | 22,294 | 26,748 | 12,979 |
| total assets | 6,885 | 8,159 | 9,012 | 18,326 | 36,344 | 47,720 | 36,660 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 26,808 | 22,267 | 35,955 | 29,600 | 26,436 | 28,510 | 15,828 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 26,808 | 22,267 | 35,955 | 29,600 | 26,436 | 28,510 | 15,828 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 820 | 820 | 623 | 631 | 584 | 0 | 0 |
| other liabilities | 10,089 | 15,870 | 0 | 2,010 | 6,408 | 13,261 | 18,802 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 10,909 | 16,690 | 623 | 2,641 | 6,992 | 13,261 | 18,802 |
| total liabilities | 37,717 | 38,957 | 36,578 | 32,241 | 33,428 | 41,771 | 34,630 |
| net assets | -30,832 | -30,798 | -27,566 | -13,915 | 2,916 | 5,949 | 2,030 |
| total shareholders funds | -30,832 | -30,798 | -27,566 | -13,915 | 2,916 | 5,949 | 2,030 |
| May 2023 | May 2022 | May 2021 | May 2020 | May 2019 | May 2018 | May 2017 | |
|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||
| Operating Profit | |||||||
| Depreciation | |||||||
| Amortisation | |||||||
| Tax | |||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | -586 | 432 | -5,505 | -4,567 | -4,462 | 8,594 | 12,979 |
| Creditors | 4,541 | -13,688 | 6,355 | 3,164 | -2,074 | 12,682 | 15,828 |
| Accruals and Deferred Income | 0 | 197 | -8 | 47 | 584 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | |||||||
| Investing Activities | |||||||
| capital expenditure | |||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | |||||||
| Financing Activities | |||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | -5,781 | 15,870 | -2,010 | -4,398 | -6,853 | -5,541 | 18,802 |
| share issue | |||||||
| interest | |||||||
| cash flow from financing | |||||||
| cash and cash equivalents | |||||||
| cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
wright trading ltd Credit Report and Business Information
Wright Trading Ltd Competitor Analysis
Perform a competitor analysis for wright trading ltd by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other micro companies, companies in B90 area or any other competitors across 12 key performance metrics.
wright trading ltd Ownership
WRIGHT TRADING LTD group structure
Wright Trading Ltd has no subsidiary companies.
Ultimate parent company
WRIGHT TRADING LTD
10176792
wright trading ltd directors
Wright Trading Ltd currently has 1 director, Mr Scott Wright serving since May 2016.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Scott Wright | United Kingdom | 30 years | May 2016 | - | Director |
P&L
May 2023turnover
62.2k
+12%
operating profit
-34
0%
gross margin
19.9%
-4%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
May 2023net assets
-30.8k
0%
total assets
6.9k
-0.16%
cash
0
0%
net assets
Total assets minus all liabilities
wright trading ltd company details
company number
10176792
Type
Private limited with Share Capital
industry
47910 - Retail sale via mail order houses or via Internet
incorporation date
May 2016
age
8
incorporated
UK
accounts
Micro-Entity Accounts
ultimate parent company
previous names
N/A
last accounts submitted
May 2023
address
76 ralph road shirley, solihull, B90 3JU
accountant
TAXASSIST ACCOUNTANTS
auditor
-
wright trading 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 wright trading ltd.
wright trading ltd Companies House Filings - See Documents
| date | description | view/download |
|---|
