whe holdings limited
whe holdings limited Company Information
Company Number
11828930
Next Accounts
Oct 2025
Shareholders
woodford heating & energy trustees limited
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
first floor, oakwood house, oakwood industrial estate, loughton, essex, IG10 3PZ
Website
-whe holdings limited Estimated Valuation
Pomanda estimates the enterprise value of WHE HOLDINGS LIMITED at £51.5m based on a Turnover of £35.2m and 1.46x industry multiple (adjusted for size and gross margin).
whe holdings limited Estimated Valuation
Pomanda estimates the enterprise value of WHE HOLDINGS LIMITED at £6.2m based on an EBITDA of £1m and a 6.12x industry multiple (adjusted for size and gross margin).
whe holdings limited Estimated Valuation
Pomanda estimates the enterprise value of WHE HOLDINGS LIMITED at £17.7m based on Net Assets of £13.6m and 1.31x industry multiple (adjusted for liquidity).
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Whe Holdings Limited Overview
Whe Holdings Limited is a live company located in loughton, IG10 3PZ with a Companies House number of 11828930. It operates in the activities of other holding companies n.e.c. sector, SIC Code 64209. Founded in February 2019, it's largest shareholder is woodford heating & energy trustees limited with a 100% stake. Whe Holdings Limited is a young, large sized company, Pomanda has estimated its turnover at £35.2m with declining growth in recent years.
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Whe Holdings Limited Health Check
Pomanda's financial health check has awarded Whe Holdings Limited a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 5 areas for improvement. Company Health Check FAQs
5 Strong
2 Regular
5 Weak
Size
annual sales of £35.2m, make it larger than the average company (£19.1m)
£35.2m - Whe Holdings Limited
£19.1m - Industry AVG
Growth
3 year (CAGR) sales growth of 0%, show it is growing at a slower rate (11.2%)
- Whe Holdings Limited
11.2% - Industry AVG
Production
with a gross margin of 16.4%, this company has a higher cost of product (34.9%)
16.4% - Whe Holdings Limited
34.9% - Industry AVG
Profitability
an operating margin of 1.1% make it less profitable than the average company (4.4%)
1.1% - Whe Holdings Limited
4.4% - Industry AVG
Employees
with 114 employees, this is similar to the industry average (104)
114 - Whe Holdings Limited
104 - Industry AVG
Pay Structure
on an average salary of £63.9k, the company has a higher pay structure (£44.4k)
£63.9k - Whe Holdings Limited
£44.4k - Industry AVG
Efficiency
resulting in sales per employee of £308.4k, this is more efficient (£190.7k)
£308.4k - Whe Holdings Limited
£190.7k - Industry AVG
Debtor Days
it gets paid by customers after 132 days, this is later than average (44 days)
132 days - Whe Holdings Limited
44 days - Industry AVG
Creditor Days
its suppliers are paid after 81 days, this is slower than average (44 days)
81 days - Whe Holdings Limited
44 days - Industry AVG
Stock Days
it holds stock equivalent to 7 days, this is less than average (37 days)
7 days - Whe Holdings Limited
37 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 12 weeks, this is average cash available to meet short term requirements (14 weeks)
12 weeks - Whe Holdings Limited
14 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 48.8%, this is a lower level of debt than the average (69%)
48.8% - Whe Holdings Limited
69% - Industry AVG
WHE HOLDINGS LIMITED financials
Whe Holdings Limited's latest turnover from January 2024 is £35.2 million and the company has net assets of £13.6 million. According to their latest financial statements, Whe Holdings Limited has 114 employees and maintains cash reserves of £3.2 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jan 2024 | Jan 2023 | Jan 2022 | Jan 2021 | Jan 2020 | |
|---|---|---|---|---|---|
| Turnover | 35,157,615 | 25,918,399 | 36,496,620 | 35,569,713 | 37,500,486 |
| Other Income Or Grants | |||||
| Cost Of Sales | 29,379,668 | 21,485,440 | 27,856,918 | 30,167,348 | 33,308,269 |
| Gross Profit | 5,777,947 | 4,432,959 | 8,639,702 | 5,402,365 | 4,192,217 |
| Admin Expenses | 5,404,470 | 4,914,431 | 6,970,736 | 5,061,202 | 4,384,115 |
| Operating Profit | 373,477 | -481,472 | 1,668,966 | 341,163 | -191,898 |
| Interest Payable | 33,042 | 4,582 | 5,695 | 9,053 | 7,052 |
| Interest Receivable | 23,303 | 13,707 | 318 | 2,345 | 5,602 |
| Pre-Tax Profit | 363,738 | -472,347 | 1,663,589 | 334,455 | -193,348 |
| Tax | -232,720 | -374,604 | -95,952 | 534,341 | 424,763 |
| Profit After Tax | 131,018 | -846,951 | 1,567,637 | 868,796 | 231,415 |
| Dividends Paid | |||||
| Retained Profit | 131,018 | -846,951 | 1,567,637 | 868,796 | 231,415 |
| Employee Costs | 7,284,346 | 8,413,492 | 11,175,056 | 10,604,744 | 8,549,158 |
| Number Of Employees | 114 | 133 | 169 | 193 | 199 |
| EBITDA* | 1,020,480 | 170,690 | 2,329,282 | 1,030,562 | 512,894 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jan 2024 | Jan 2023 | Jan 2022 | Jan 2021 | Jan 2020 | |
|---|---|---|---|---|---|
| Tangible Assets | 128,077 | 107,410 | 154,054 | 262,311 | 359,342 |
| Intangible Assets | 8,836,643 | 9,425,752 | 10,014,861 | 10,603,971 | 11,193,080 |
| Investments & Other | |||||
| Debtors (Due After 1 year) | |||||
| Total Fixed Assets | 8,964,720 | 9,533,162 | 10,168,915 | 10,866,282 | 11,552,422 |
| Stock & work in progress | 569,736 | 181,136 | 289,944 | 398,215 | 682,160 |
| Trade Debtors | 12,741,858 | 8,735,200 | 11,618,039 | 11,257,503 | 9,331,429 |
| Group Debtors | |||||
| Misc Debtors | 1,069,924 | 677,068 | 825,357 | 1,236,668 | 923,068 |
| Cash | 3,178,475 | 1,609,420 | 1,884,826 | 2,678,131 | 1,274,330 |
| misc current assets | |||||
| total current assets | 17,559,993 | 11,202,824 | 14,618,166 | 15,570,517 | 12,210,987 |
| total assets | 26,524,713 | 20,735,986 | 24,787,081 | 26,436,799 | 23,763,409 |
| Bank overdraft | 113,251 | ||||
| Bank loan | |||||
| Trade Creditors | 6,599,681 | 2,953,048 | 7,826,943 | 9,345,041 | 7,056,095 |
| Group/Directors Accounts | |||||
| other short term finances | |||||
| hp & lease commitments | 20,681 | 24,575 | |||
| other current liabilities | 6,330,550 | 3,772,489 | 1,845,272 | 1,408,087 | 917,509 |
| total current liabilities | 12,930,231 | 6,725,537 | 9,672,215 | 10,773,809 | 8,111,430 |
| loans | |||||
| hp & lease commitments | 41,362 | 49,147 | |||
| Accruals and Deferred Income | |||||
| other liabilities | |||||
| provisions | 346,985 | ||||
| total long term liabilities | 346,985 | 41,362 | 49,147 | ||
| total liabilities | 12,930,231 | 7,072,522 | 9,672,215 | 10,815,171 | 8,160,577 |
| net assets | 13,594,482 | 13,663,464 | 15,114,866 | 15,621,628 | 15,602,832 |
| total shareholders funds | 13,594,482 | 13,663,464 | 15,114,866 | 15,621,628 | 15,602,832 |
| Jan 2024 | Jan 2023 | Jan 2022 | Jan 2021 | Jan 2020 | |
|---|---|---|---|---|---|
| Operating Activities | |||||
| Operating Profit | 373,477 | -481,472 | 1,668,966 | 341,163 | -191,898 |
| Depreciation | 57,894 | 63,053 | 71,206 | 100,290 | 115,683 |
| Amortisation | 589,109 | 589,109 | 589,110 | 589,109 | 589,109 |
| Tax | -232,720 | -374,604 | -95,952 | 534,341 | 424,763 |
| Stock | 388,600 | -108,808 | -108,271 | -283,945 | 682,160 |
| Debtors | 4,399,514 | -3,031,128 | -50,775 | 2,239,674 | 10,254,497 |
| Creditors | 3,646,633 | -4,873,895 | -1,518,098 | 2,288,946 | 7,056,095 |
| Accruals and Deferred Income | 2,558,061 | 1,927,217 | 437,185 | 490,578 | 917,509 |
| Deferred Taxes & Provisions | -346,985 | 346,985 | |||
| Cash flow from operations | 1,857,355 | 336,329 | 1,311,463 | 2,388,698 | -2,025,396 |
| Investing Activities | |||||
| capital expenditure | |||||
| Change in Investments | |||||
| cash flow from investments | |||||
| Financing Activities | |||||
| Bank loans | |||||
| Group/Directors Accounts | |||||
| Other Short Term Loans | |||||
| Long term loans | |||||
| Hire Purchase and Lease Commitments | -62,043 | -11,679 | 73,722 | ||
| other long term liabilities | |||||
| share issue | |||||
| interest | -9,739 | 9,125 | -5,377 | -6,708 | -1,450 |
| cash flow from financing | -209,739 | -595,326 | -2,141,819 | -868,387 | 15,443,689 |
| cash and cash equivalents | |||||
| cash | 1,569,055 | -275,406 | -793,305 | 1,403,801 | 1,274,330 |
| overdraft | -113,251 | 113,251 | |||
| change in cash | 1,569,055 | -275,406 | -793,305 | 1,517,052 | 1,161,079 |
whe holdings limited Credit Report and Business Information
Whe Holdings Limited Competitor Analysis
Perform a competitor analysis for whe holdings limited by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other large companies, companies in IG10 area or any other competitors across 12 key performance metrics.
whe holdings limited Ownership
WHE HOLDINGS LIMITED group structure
Whe Holdings Limited has 1 subsidiary company.
Ultimate parent company
1 parent
WHE HOLDINGS LIMITED
11828930
1 subsidiary
whe holdings limited directors
Whe Holdings Limited currently has 2 directors. The longest serving directors include Mr Roy Alderslade (Feb 2019) and Mr Stephen Abbott (Jul 2019).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Roy Alderslade | United Kingdom | 65 years | Feb 2019 | - | Director |
| Mr Stephen Abbott | United Kingdom | 46 years | Jul 2019 | - | Director |
P&L
January 2024turnover
35.2m
+36%
operating profit
373.5k
-178%
gross margin
16.5%
-3.91%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
January 2024net assets
13.6m
-0.01%
total assets
26.5m
+0.28%
cash
3.2m
+0.97%
net assets
Total assets minus all liabilities
whe holdings limited company details
company number
11828930
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
February 2019
age
6
incorporated
UK
ultimate parent company
accounts
Group
last accounts submitted
January 2024
previous names
N/A
accountant
-
auditor
HASLERS
address
first floor, oakwood house, oakwood industrial estate, loughton, essex, IG10 3PZ
Bank
-
Legal Advisor
-
whe 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 whe holdings limited.
whe 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.
Click to start generating capital raising & share issue transactions for WHE HOLDINGS LIMITED. This can take several minutes, an email will notify you when this has completed.
whe holdings limited Companies House Filings - See Documents
| date | description | view/download |
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