willmorts ltd
willmorts ltd Company Information
Company Number
10633728
Next Accounts
Dec 2024
Industry
Other engineering activities (not including engineering design for industrial process and production or engineering related scientific and technical consulting activities)
Specialised design activities
Directors
Shareholders
william morton
Group Structure
View All
Contact
Registered Address
plaitford house pound lane, plaitford, romsey, hampshire, SO51 6EH
Website
-willmorts ltd Estimated Valuation
Pomanda estimates the enterprise value of WILLMORTS LTD at £22.6k based on a Turnover of £44.2k and 0.51x industry multiple (adjusted for size and gross margin).
willmorts ltd Estimated Valuation
Pomanda estimates the enterprise value of WILLMORTS LTD at £0 based on an EBITDA of £-833 and a 3.41x industry multiple (adjusted for size and gross margin).
willmorts ltd Estimated Valuation
Pomanda estimates the enterprise value of WILLMORTS LTD at £44.5k based on Net Assets of £17.1k and 2.6x industry multiple (adjusted for liquidity).
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Willmorts Ltd Overview
Willmorts Ltd is a dissolved company that was located in romsey, SO51 6EH with a Companies House number of 10633728. It operated in the other engineering activities sector, SIC Code 71129. Founded in February 2017, it's largest shareholder was william morton with a 100% stake. The last turnover for Willmorts Ltd was estimated at £44.2k.
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Willmorts Ltd Health Check
Pomanda's financial health check has awarded Willmorts Ltd a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 7 areas for improvement. Company Health Check FAQs
1 Strong
2 Regular
7 Weak
Size
annual sales of £44.2k, make it smaller than the average company (£1.9m)
- Willmorts Ltd
£1.9m - Industry AVG
Growth
3 year (CAGR) sales growth of 5%, show it is growing at a similar rate (4%)
- Willmorts Ltd
4% - Industry AVG
Production
with a gross margin of 22.7%, this company has a higher cost of product (40.4%)
- Willmorts Ltd
40.4% - Industry AVG
Profitability
an operating margin of -1.9% make it less profitable than the average company (6.2%)
- Willmorts Ltd
6.2% - Industry AVG
Employees
with 1 employees, this is below the industry average (23)
1 - Willmorts Ltd
23 - Industry AVG
Pay Structure
on an average salary of £46k, the company has an equivalent pay structure (£46k)
- Willmorts Ltd
£46k - Industry AVG
Efficiency
resulting in sales per employee of £44.2k, this is less efficient (£105.7k)
- Willmorts Ltd
£105.7k - Industry AVG
Debtor Days
it gets paid by customers after 150 days, this is later than average (66 days)
- Willmorts Ltd
66 days - Industry AVG
Creditor Days
its suppliers are paid after 10 days, this is quicker than average (42 days)
- Willmorts Ltd
42 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Willmorts Ltd
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Willmorts Ltd
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 6.1%, this is a lower level of debt than the average (51.4%)
6.1% - Willmorts Ltd
51.4% - Industry AVG
WILLMORTS LTD financials
Willmorts Ltd's latest turnover from March 2023 is estimated at £44.2 thousand and the company has net assets of £17.1 thousand. According to their latest financial statements, Willmorts Ltd has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | |
|---|---|---|---|---|---|---|
| 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
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | |
|---|---|---|---|---|---|---|
| Tangible Assets | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 0 | 0 | 0 | 0 | 0 | 0 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 18,229 | 20,049 | 4,285 | 14,141 | 11,890 | 857 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 | 0 | 100 |
| Cash | 0 | 0 | 0 | 0 | 0 | 15,759 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 18,229 | 20,049 | 4,285 | 14,141 | 11,890 | 16,716 |
| total assets | 18,229 | 20,049 | 4,285 | 14,141 | 11,890 | 16,716 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 989 | 1,978 | 120 | 86 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 0 | 0 | 0 | 0 | 0 | 3,157 |
| total current liabilities | 989 | 1,978 | 120 | 86 | 0 | 3,157 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 131 | 129 | 125 | 127 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 131 | 129 | 125 | 127 | 0 | 0 |
| total liabilities | 1,120 | 2,107 | 245 | 213 | 0 | 3,157 |
| net assets | 17,109 | 17,942 | 4,040 | 13,928 | 11,890 | 13,559 |
| total shareholders funds | 17,109 | 17,942 | 4,040 | 13,928 | 11,890 | 13,559 |
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | |
|---|---|---|---|---|---|---|
| Operating Activities | ||||||
| Operating Profit | ||||||
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | ||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | -1,820 | 15,764 | -9,856 | 2,251 | 10,933 | 957 |
| Creditors | -989 | 1,858 | 34 | 86 | 0 | 0 |
| Accruals and Deferred Income | 2 | 4 | -2 | 127 | -3,157 | 3,157 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | ||||||
| Investing Activities | ||||||
| capital expenditure | ||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | ||||||
| Financing Activities | ||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||
| interest | ||||||
| cash flow from financing | ||||||
| cash and cash equivalents | ||||||
| cash | 0 | 0 | 0 | 0 | -15,759 | 15,759 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 0 | 0 | 0 | 0 | -15,759 | 15,759 |
willmorts ltd Credit Report and Business Information
Willmorts Ltd Competitor Analysis
Perform a competitor analysis for willmorts ltd by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other undefined companies, companies in SO51 area or any other competitors across 12 key performance metrics.
willmorts ltd Ownership
WILLMORTS LTD group structure
Willmorts Ltd has no subsidiary companies.
Ultimate parent company
WILLMORTS LTD
10633728
willmorts ltd directors
Willmorts Ltd currently has 1 director, Mr William Morton serving since Feb 2017.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr William Morton | United Kingdom | 33 years | Feb 2017 | - | Director |
P&L
March 2023turnover
44.2k
-8%
operating profit
-833
0%
gross margin
22.8%
+1.57%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2023net assets
17.1k
-0.05%
total assets
18.2k
-0.09%
cash
0
0%
net assets
Total assets minus all liabilities
willmorts ltd company details
company number
10633728
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)
74100 - Specialised design activities
72190 - Other research and experimental development on natural sciences and engineering
incorporation date
February 2017
age
7
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
March 2023
previous names
N/A
accountant
-
auditor
-
address
plaitford house pound lane, plaitford, romsey, hampshire, SO51 6EH
Bank
-
Legal Advisor
-
willmorts 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 willmorts ltd.
willmorts ltd Companies House Filings - See Documents
| date | description | view/download |
|---|
