ward group holdings limited
ward group holdings limited Company Information
Company Number
12336828
Website
-Registered Address
skyview argosy road, east midlands airport, derby, DE74 2SA
Industry
Collection of non-hazardous waste
Development of building projects
Telephone
-
Next Accounts Due
December 2024
Group Structure
View All
Shareholders
michael ward 20%
david ward snr 20%
View Allward group holdings limited Estimated Valuation
Pomanda estimates the enterprise value of WARD GROUP HOLDINGS LIMITED at £411.5m based on a Turnover of £312.8m and 1.32x industry multiple (adjusted for size and gross margin).
ward group holdings limited Estimated Valuation
Pomanda estimates the enterprise value of WARD GROUP HOLDINGS LIMITED at £120.4m based on an EBITDA of £12.9m and a 9.34x industry multiple (adjusted for size and gross margin).
ward group holdings limited Estimated Valuation
Pomanda estimates the enterprise value of WARD GROUP HOLDINGS LIMITED at £147.1m based on Net Assets of £55.4m and 2.66x industry multiple (adjusted for liquidity).
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Ward Group Holdings Limited Overview
Ward Group Holdings Limited is a live company located in derby, DE74 2SA with a Companies House number of 12336828. It operates in the collection of non-hazardous waste sector, SIC Code 38110. Founded in November 2019, it's largest shareholder is michael ward with a 20% stake. Ward Group Holdings Limited is a young, mega sized company, Pomanda has estimated its turnover at £312.8m with rapid growth in recent years.
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Ward Group Holdings Limited Health Check
Pomanda's financial health check has awarded Ward Group Holdings Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 7 measures and has 3 areas for improvement. Company Health Check FAQs
7 Strong
2 Regular
3 Weak
Size
annual sales of £312.8m, make it larger than the average company (£8.5m)
£312.8m - Ward Group Holdings Limited
£8.5m - Industry AVG
Growth
3 year (CAGR) sales growth of 91%, show it is growing at a faster rate (4.9%)
91% - Ward Group Holdings Limited
4.9% - Industry AVG
Production
with a gross margin of 26.4%, this company has a comparable cost of product (24.7%)
26.4% - Ward Group Holdings Limited
24.7% - Industry AVG
Profitability
an operating margin of 0.7% make it less profitable than the average company (7%)
0.7% - Ward Group Holdings Limited
7% - Industry AVG
Employees
with 421 employees, this is above the industry average (34)
421 - Ward Group Holdings Limited
34 - Industry AVG
Pay Structure
on an average salary of £47.9k, the company has an equivalent pay structure (£41.1k)
£47.9k - Ward Group Holdings Limited
£41.1k - Industry AVG
Efficiency
resulting in sales per employee of £743k, this is more efficient (£213.5k)
£743k - Ward Group Holdings Limited
£213.5k - Industry AVG
Debtor Days
it gets paid by customers after 49 days, this is later than average (36 days)
49 days - Ward Group Holdings Limited
36 days - Industry AVG
Creditor Days
its suppliers are paid after 56 days, this is slower than average (34 days)
56 days - Ward Group Holdings Limited
34 days - Industry AVG
Stock Days
it holds stock equivalent to 17 days, this is less than average (93 days)
17 days - Ward Group Holdings Limited
93 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 2 weeks, this is less cash available to meet short term requirements (16 weeks)
2 weeks - Ward Group Holdings Limited
16 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 60.9%, this is a lower level of debt than the average (68.1%)
60.9% - Ward Group Holdings Limited
68.1% - Industry AVG
WARD GROUP HOLDINGS LIMITED financials
Ward Group Holdings Limited's latest turnover from March 2023 is £312.8 million and the company has net assets of £55.4 million. According to their latest financial statements, Ward Group Holdings Limited has 421 employees and maintains cash reserves of £3 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | |
|---|---|---|---|---|
| Turnover | 312,822,650 | 305,559,404 | 173,906,730 | 45,024,290 |
| Other Income Or Grants | 0 | 0 | 0 | 0 |
| Cost Of Sales | 230,123,018 | 228,782,981 | 123,396,646 | 30,274,874 |
| Gross Profit | 82,699,632 | 76,776,423 | 50,510,084 | 14,749,416 |
| Admin Expenses | 80,652,569 | 75,461,131 | 46,110,229 | 16,792,632 |
| Operating Profit | 2,047,063 | 1,315,292 | 4,399,855 | -2,043,216 |
| Interest Payable | 1,607,384 | 637,708 | 385,304 | 303,790 |
| Interest Receivable | 91,520 | 78,186 | 42,008 | 117,423 |
| Pre-Tax Profit | 531,199 | 755,770 | 4,056,559 | -2,229,583 |
| Tax | -253,683 | -458,243 | -1,533,141 | 7,560 |
| Profit After Tax | 277,516 | 297,527 | 2,523,418 | -2,222,023 |
| Dividends Paid | 596,272 | 1,000,000 | 0 | 0 |
| Retained Profit | -330,423 | -702,473 | 2,131,555 | -2,222,023 |
| Employee Costs | 20,172,946 | 17,749,599 | 13,441,469 | 5,007,954 |
| Number Of Employees | 421 | 436 | 339 | 365 |
| EBITDA* | 12,887,048 | 11,059,991 | 12,333,922 | 724,290 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | |
|---|---|---|---|---|
| Tangible Assets | 39,716,148 | 26,599,576 | 21,752,139 | 19,581,114 |
| Intangible Assets | 34,093,222 | 36,290,771 | 39,309,115 | 43,618,879 |
| Investments & Other | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 73,809,370 | 62,890,347 | 61,061,254 | 63,199,993 |
| Stock & work in progress | 10,951,378 | 18,879,649 | 13,819,080 | 7,007,651 |
| Trade Debtors | 42,267,063 | 37,842,028 | 22,309,810 | 14,545,314 |
| Group Debtors | 0 | 0 | 0 | 0 |
| Misc Debtors | 11,734,161 | 10,853,446 | 10,537,404 | 7,770,222 |
| Cash | 3,004,440 | 457,937 | 341,084 | 379,007 |
| misc current assets | 0 | 0 | 0 | 0 |
| total current assets | 67,957,042 | 68,033,060 | 47,007,378 | 29,702,194 |
| total assets | 141,766,412 | 130,923,407 | 108,068,632 | 92,902,187 |
| Bank overdraft | 20,237,316 | 16,378,808 | 5,757,113 | 1,797,109 |
| Bank loan | 1,066,220 | 909,286 | 909,286 | 1,558,664 |
| Trade Creditors | 35,852,901 | 33,930,922 | 22,117,109 | 12,431,275 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 |
| hp & lease commitments | 4,127,316 | 3,367,948 | 2,373,536 | 2,052,668 |
| other current liabilities | 6,629,317 | 5,143,921 | 7,451,185 | 3,823,259 |
| total current liabilities | 67,913,070 | 59,730,885 | 38,608,229 | 21,662,975 |
| loans | 8,450,615 | 6,846,322 | 7,753,322 | 15,042,069 |
| hp & lease commitments | 7,923,414 | 6,720,823 | 6,190,890 | 3,452,638 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 |
| provisions | 2,059,518 | 1,498,842 | 756,138 | 507,870 |
| total long term liabilities | 18,433,547 | 15,065,987 | 14,700,350 | 19,002,577 |
| total liabilities | 86,346,617 | 74,796,872 | 53,308,579 | 40,665,552 |
| net assets | 55,419,795 | 56,126,535 | 52,770,356 | 50,638,801 |
| total shareholders funds | 55,419,795 | 56,126,535 | 52,770,356 | 50,638,801 |
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | |
|---|---|---|---|---|
| Operating Activities | ||||
| Operating Profit | 2,047,063 | 1,315,292 | 4,399,855 | -2,043,216 |
| Depreciation | 6,001,747 | 5,061,128 | 3,576,803 | 1,263,407 |
| Amortisation | 4,838,238 | 4,683,571 | 4,357,264 | 1,504,099 |
| Tax | -253,683 | -458,243 | -1,533,141 | 7,560 |
| Stock | -7,928,271 | 5,060,569 | 6,811,429 | 7,007,651 |
| Debtors | 5,305,750 | 15,848,260 | 10,531,678 | 22,315,536 |
| Creditors | 1,921,979 | 11,813,813 | 9,685,834 | 12,431,275 |
| Accruals and Deferred Income | 1,485,396 | -2,307,264 | 3,627,926 | 3,823,259 |
| Deferred Taxes & Provisions | 560,676 | 742,704 | 248,268 | 507,870 |
| Cash flow from operations | 19,223,937 | -57,828 | 7,019,702 | -11,828,933 |
| Investing Activities | ||||
| capital expenditure | 0 | 0 | 0 | 0 |
| Change in Investments | 0 | 0 | 0 | 0 |
| cash flow from investments | 0 | 0 | 0 | 0 |
| Financing Activities | ||||
| Bank loans | 156,934 | 0 | -649,378 | 1,558,664 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 |
| Long term loans | 1,604,293 | -907,000 | -7,288,747 | 15,042,069 |
| Hire Purchase and Lease Commitments | 1,961,959 | 1,524,345 | 3,059,120 | 5,505,306 |
| other long term liabilities | 0 | 0 | 0 | 0 |
| share issue | ||||
| interest | -1,515,864 | -559,522 | -343,296 | -186,367 |
| cash flow from financing | 1,831,005 | 4,116,475 | -5,222,301 | 74,780,496 |
| cash and cash equivalents | ||||
| cash | 2,546,503 | 116,853 | -37,923 | 379,007 |
| overdraft | 3,858,508 | 10,621,695 | 3,960,004 | 1,797,109 |
| change in cash | -1,312,005 | -10,504,842 | -3,997,927 | -1,418,102 |
ward group holdings limited Credit Report and Business Information
Ward Group Holdings Limited Competitor Analysis
Perform a competitor analysis for ward group holdings limited by selecting its closest rivals, whether from the WATER SUPPLY; SEWERAGE, WASTE MANAGEMENT AND REMEDIATION ACTIVITIES sector, other mega companies, companies in DE74 area or any other competitors across 12 key performance metrics.
ward group holdings limited Ownership
WARD GROUP HOLDINGS LIMITED group structure
Ward Group Holdings Limited has 3 subsidiary companies.
Ultimate parent company
WARD GROUP HOLDINGS LIMITED
12336828
3 subsidiaries
ward group holdings limited directors
Ward Group Holdings Limited currently has 8 directors. The longest serving directors include Mr James Balfour (Nov 2019) and Mr Donald Ward (Dec 2019).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr James Balfour | United Kingdom | 55 years | Nov 2019 | - | Director |
| Mr Donald Ward | 44 years | Dec 2019 | - | Director | |
| Mr David Ward | United Kingdom | 62 years | Dec 2019 | - | Director |
| Mr David Ward | 41 years | Dec 2019 | - | Director | |
| Mr Michael Ward | England | 67 years | Dec 2019 | - | Director |
| Mr David Ward | United Kingdom | 41 years | Dec 2019 | - | Director |
| Mr Thomas Ward | United Kingdom | 37 years | Dec 2019 | - | Director |
| Ms Siwan Ward | England | 37 years | Mar 2020 | - | Director |
P&L
March 2023turnover
312.8m
+2%
operating profit
2m
+56%
gross margin
26.5%
+5.21%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2023net assets
55.4m
-0.01%
total assets
141.8m
+0.08%
cash
3m
+5.56%
net assets
Total assets minus all liabilities
ward group holdings limited company details
company number
12336828
Type
Private limited with Share Capital
industry
38110 - Collection of non-hazardous waste
41100 - Development of building projects
incorporation date
November 2019
age
5
incorporated
UK
ultimate parent company
accounts
Group
last accounts submitted
March 2023
previous names
stapleford 100 limited (May 2021)
accountant
-
auditor
COOPER PARYY GROUP LIMITED
address
skyview argosy road, east midlands airport, derby, DE74 2SA
Bank
HSBC BANK PLC
Legal Advisor
-
ward group 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 found 1 charges/mortgages relating to ward group holdings limited. Currently there are 1 open charges and 0 have been satisfied in the past.
ward group holdings limited Companies House Filings - See Documents
| date | description | view/download |
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