Pomanda estimates the enterprise value of WAYLAND ADDITIVE LIMITED at £2m based on a Turnover of £4m and 0.51x industry multiple (adjusted for size and gross margin).
wayland additive limitedEstimated Valuation
£0
Pomanda estimates the enterprise value of WAYLAND ADDITIVE LIMITED at £0 based on an EBITDA of £-3.8m and a 3.58x industry multiple (adjusted for size and gross margin).
wayland additive limitedEstimated Valuation
£8.2m
Pomanda estimates the enterprise value of WAYLAND ADDITIVE LIMITED at £8.2m based on Net Assets of £4.7m and 1.73x industry multiple (adjusted for liquidity).
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Wayland Additive LimitedOverview
Wayland Additive Limited is a live company located in huddersfield, HD4 7BH with a Companies House number of 11978407. It operates in the manufacture of metal forming machinery sector, SIC Code 28410. Founded in May 2019, it's largest shareholder is
longwall 3 ventures ecf
with a 35.1% stake. Wayland Additive Limited is a young,
small sized company, Pomanda has estimated its turnover at
£4m with
high
growth in recent years.
Pomanda's financial health check has awarded Wayland Additive Limited a 4 rating. We use a traffic light system to show it exceeds the industry average on 6 measures and has 4 areas for improvement. Company Health Check FAQs
Health Rating4out of 5
6 Strong
2 Regular
4 Weak
Size
annual sales of £4m, make it larger than the average company (£1.2m)
£4m - Wayland Additive Limited
£1.2m - Industry AVG
Growth
3 year (CAGR) sales growth of 29%, show it is growing at a faster rate (-0.3%)
29% - Wayland Additive Limited
-0.3% - Industry AVG
Production
with a gross margin of 27.5%, this company has a comparable cost of product (27.5%)
27.5% - Wayland Additive Limited
27.5% - Industry AVG
Profitability
an operating margin of -100.4% make it less profitable than the average company (5.1%)
-100.4% - Wayland Additive Limited
5.1% - Industry AVG
Employees
with 59 employees, this is above the industry average (23)
59 - Wayland Additive Limited
23 - Industry AVG
Pay Structure
on an average salary of £47.2k, the company has an equivalent pay structure (£47.2k)
£47.2k - Wayland Additive Limited
£47.2k - Industry AVG
Efficiency
resulting in sales per employee of £68.5k, this is less efficient (£112.5k)
£68.5k - Wayland Additive Limited
£112.5k - Industry AVG
Debtor Days
it gets paid by customers after 31 days, this is earlier than average (49 days)
31 days - Wayland Additive Limited
49 days - Industry AVG
Creditor Days
its suppliers are paid after 33 days, this is slower than average (22 days)
33 days - Wayland Additive Limited
22 days - Industry AVG
Stock Days
it holds stock equivalent to 336 days, this is more than average (192 days)
336 days - Wayland Additive Limited
192 days - Industry AVG
Cash Balance
has cash to cover current liabilities
for 80 weeks, this is more cash available to meet short term requirements (21 weeks)
80 weeks - Wayland Additive Limited
21 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 36.5%, this is a higher level of debt than the average (31.4%)
36.5% - Wayland Additive Limited
31.4% - Industry AVG
WAYLAND ADDITIVE LIMITED financials
EXPORT
Wayland Additive Limited's latest turnover from December 2023 is estimated at £4 million and the company has net assets of £4.7 million. According to their latest financial statements, Wayland Additive Limited has 59 employees and maintains cash reserves of £2.6 million as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Dec 2023
Dec 2022
Dec 2021
Dec 2020
Dec 2019
Turnover
4,041,340
2,592,919
1,532,300
1,862,465
2,120,935
Other Income Or Grants
Cost Of Sales
2,929,436
1,836,381
1,147,952
1,392,187
1,547,857
Gross Profit
1,111,904
756,538
384,349
470,278
573,077
Admin Expenses
5,167,943
2,734,193
3,739,938
1,961,885
1,694,343
Operating Profit
-4,056,039
-1,977,655
-3,355,589
-1,491,607
-1,121,266
Interest Payable
112,500
89,077
27,353
Interest Receivable
82,498
39,238
2,326
1,016
7,106
Pre-Tax Profit
-4,086,041
-2,027,494
-3,380,616
-1,490,591
-1,114,160
Tax
Profit After Tax
-4,086,041
-2,027,494
-3,380,616
-1,490,591
-1,114,160
Dividends Paid
Retained Profit
-4,086,041
-2,027,494
-3,380,616
-1,490,591
-1,114,160
Employee Costs
2,785,038
2,126,877
1,659,650
902,786
729,345
Number Of Employees
59
48
41
20
15
EBITDA*
-3,836,256
-1,847,984
-3,271,703
-1,433,555
-1,115,980
* Earnings Before Interest, Tax, Depreciation and Amortisation
Dec 2023
Dec 2022
Dec 2021
Dec 2020
Dec 2019
Tangible Assets
719,582
761,118
444,470
326,229
225,488
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
719,582
761,118
444,470
326,229
225,488
Stock & work in progress
2,704,146
1,972,352
537,000
43,069
Trade Debtors
351,868
135,000
Group Debtors
Misc Debtors
1,033,846
1,033,575
645,262
487,435
215,200
Cash
2,625,347
517,432
1,724,752
136,424
1,894,838
misc current assets
total current assets
6,715,207
3,658,359
2,907,014
666,928
2,110,038
total assets
7,434,789
4,419,477
3,351,484
993,157
2,335,526
Bank overdraft
Bank loan
Trade Creditors
266,479
1,391,429
128,866
271,927
202,410
Group/Directors Accounts
other short term finances
hp & lease commitments
21,789
6,785
3,987
other current liabilities
1,404,137
1,954,728
499,272
215,983
187,776
total current liabilities
1,692,405
3,352,942
632,125
487,910
390,186
loans
1,000,000
1,000,000
875,301
hp & lease commitments
21,555
6,768
7,003
Accruals and Deferred Income
other liabilities
provisions
total long term liabilities
1,021,555
1,006,768
882,304
total liabilities
2,713,960
4,359,710
1,514,429
487,910
390,186
net assets
4,720,829
59,767
1,837,055
505,247
1,945,340
total shareholders funds
4,720,829
59,767
1,837,055
505,247
1,945,340
Dec 2023
Dec 2022
Dec 2021
Dec 2020
Dec 2019
Operating Activities
Operating Profit
-4,056,039
-1,977,655
-3,355,589
-1,491,607
-1,121,266
Depreciation
219,783
129,671
83,886
58,052
5,286
Amortisation
Tax
Stock
731,794
1,435,352
493,931
43,069
Debtors
217,139
523,313
157,827
272,235
215,200
Creditors
-1,124,950
1,262,563
-143,061
69,517
202,410
Accruals and Deferred Income
-550,591
1,455,456
283,289
28,207
187,776
Deferred Taxes & Provisions
Cash flow from operations
-6,460,730
-1,088,630
-3,783,233
-1,651,135
-940,994
Investing Activities
capital expenditure
-178,247
-446,319
-202,127
-158,793
-230,774
Change in Investments
cash flow from investments
-178,247
-446,319
-202,127
-158,793
-230,774
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
124,699
875,301
Hire Purchase and Lease Commitments
29,791
2,563
10,990
other long term liabilities
share issue
8,747,103
250,206
4,712,424
50,498
3,059,500
interest
-30,002
-49,839
-25,027
1,016
7,106
cash flow from financing
8,746,892
327,629
5,573,688
51,514
3,066,606
cash and cash equivalents
cash
2,107,915
-1,207,320
1,588,328
-1,758,414
1,894,838
overdraft
change in cash
2,107,915
-1,207,320
1,588,328
-1,758,414
1,894,838
wayland additive limited Credit Report and Business Information
Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
Get a comprehensive credit check for wayland additive limited. Get real-time insights into wayland additive limited's credit score, group structure and payment trends.
Perform a competitor analysis for wayland additive limited by selecting its closest rivals, whether from the MANUFACTURING sector, other small companies, companies in HD4 area or any other competitors across 12 key performance metrics.
wayland additive limited Ownership
WAYLAND ADDITIVE LIMITED group structure
Wayland Additive Limited has no subsidiary companies.
Ultimate parent company
WAYLAND ADDITIVE LIMITED
11978407
WAYLAND ADDITIVE LIMITED Shareholders
The largest shareholders in Wayland Additive Limited include Longwall 3 Ventures Ecf and Mnl (Parkwalk) Nominees Ltd.
longwall 3 ventures ecf
35.13%
mnl (parkwalk) nominees ltd
17.58%
angel co-fund
12.98%
ian laidler
3.78%
william richardson
3.78%
ian goulding
3.72%
michael vessey
1.92%
david vessey
1.62%
british technology investments limited
1.59%
metrea discovery partners holding 1 limited
1.5%
wayland additive limited directors
Wayland Additive Limited currently has 5 directors.
The longest serving directors include
Mr Ian Laidler (May 2019) and
Mr Ian Laidler (May 2019).
unit 7 park valley court, meltham road, huddersfield, HD4 7BH
Bank
-
Legal Advisor
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wayland additive 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 found 2 charges/mortgages relating to wayland additive limited. Currently there are 1 open charges and 1 have been satisfied in the past.
wayland additive 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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wayland additive limitedCompanies House Filings - See Documents
