willard wigan art ltd
willard wigan art ltd Company Information
Company Number
12421728
Next Accounts
Jan 2026
Directors
Shareholders
john bowden
willard barrett wiggan
Group Structure
View All
Industry
Other personal service activities n.e.c.
Registered Address
181-183 summer road, erdington, birmingham, B23 6DX
Website
willardwiganmbe.comwillard wigan art ltd Estimated Valuation
Pomanda estimates the enterprise value of WILLARD WIGAN ART LTD at £81.5k based on a Turnover of £165.1k and 0.49x industry multiple (adjusted for size and gross margin).
willard wigan art ltd Estimated Valuation
Pomanda estimates the enterprise value of WILLARD WIGAN ART LTD at £89.7k based on an EBITDA of £27.6k and a 3.25x industry multiple (adjusted for size and gross margin).
willard wigan art ltd Estimated Valuation
Pomanda estimates the enterprise value of WILLARD WIGAN ART LTD at £94.2k based on Net Assets of £48k and 1.96x industry multiple (adjusted for liquidity).
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Willard Wigan Art Ltd Overview
Willard Wigan Art Ltd is a live company located in birmingham, B23 6DX with a Companies House number of 12421728. It operates in the other service activities n.e.c. sector, SIC Code 96090. Founded in January 2020, it's largest shareholder is john bowden with a 50% stake. Willard Wigan Art Ltd is a young, micro sized company, Pomanda has estimated its turnover at £165.1k with rapid growth in recent years.
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Willard Wigan Art Ltd Health Check
Pomanda's financial health check has awarded Willard Wigan Art Ltd a 4 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 4 areas for improvement. Company Health Check FAQs
3 Strong
3 Regular
4 Weak
Size
annual sales of £165.1k, make it smaller than the average company (£925.6k)
- Willard Wigan Art Ltd
£925.6k - Industry AVG
Growth
3 year (CAGR) sales growth of 32%, show it is growing at a faster rate (9.6%)
- Willard Wigan Art Ltd
9.6% - Industry AVG
Production
with a gross margin of 19.9%, this company has a higher cost of product (41%)
- Willard Wigan Art Ltd
41% - Industry AVG
Profitability
an operating margin of 16.7% make it more profitable than the average company (6%)
- Willard Wigan Art Ltd
6% - Industry AVG
Employees
with 2 employees, this is below the industry average (14)
2 - Willard Wigan Art Ltd
14 - Industry AVG
Pay Structure
on an average salary of £31.7k, the company has an equivalent pay structure (£31.7k)
- Willard Wigan Art Ltd
£31.7k - Industry AVG
Efficiency
resulting in sales per employee of £82.5k, this is equally as efficient (£89.3k)
- Willard Wigan Art Ltd
£89.3k - Industry AVG
Debtor Days
it gets paid by customers after 122 days, this is later than average (30 days)
- Willard Wigan Art Ltd
30 days - Industry AVG
Creditor Days
its suppliers are paid after 41 days, this is close to average (38 days)
- Willard Wigan Art Ltd
38 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Willard Wigan Art Ltd
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Willard Wigan Art Ltd
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 30.2%, this is a lower level of debt than the average (43.4%)
30.2% - Willard Wigan Art Ltd
43.4% - Industry AVG
WILLARD WIGAN ART LTD financials
Willard Wigan Art Ltd's latest turnover from April 2024 is estimated at £165.1 thousand and the company has net assets of £48 thousand. According to their latest financial statements, Willard Wigan Art Ltd has 2 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Apr 2024 | Jan 2023 | Jan 2022 | Jan 2021 | |
|---|---|---|---|---|
| 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 | 2 | 2 | 2 | 2 |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Apr 2024 | Jan 2023 | Jan 2022 | Jan 2021 | |
|---|---|---|---|---|
| Tangible Assets | 13,238 | 13,011 | 13,918 | |
| Intangible Assets | ||||
| Investments & Other | ||||
| Debtors (Due After 1 year) | ||||
| Total Fixed Assets | 13,238 | 13,011 | 13,918 | |
| Stock & work in progress | ||||
| Trade Debtors | 55,562 | 38,925 | 37,464 | |
| Group Debtors | ||||
| Misc Debtors | ||||
| Cash | 200 | |||
| misc current assets | ||||
| total current assets | 55,562 | 38,925 | 37,464 | 200 |
| total assets | 68,800 | 51,936 | 51,382 | 200 |
| Bank overdraft | ||||
| Bank loan | ||||
| Trade Creditors | 15,083 | 16,535 | 19,573 | |
| Group/Directors Accounts | ||||
| other short term finances | ||||
| hp & lease commitments | ||||
| other current liabilities | ||||
| total current liabilities | 15,083 | 16,535 | 19,573 | |
| loans | ||||
| hp & lease commitments | ||||
| Accruals and Deferred Income | 3,200 | 5,627 | 2,490 | |
| other liabilities | ||||
| provisions | 2,515 | 2,472 | 2,644 | |
| total long term liabilities | 5,715 | 8,099 | 5,134 | |
| total liabilities | 20,798 | 24,634 | 24,707 | |
| net assets | 48,002 | 27,302 | 26,675 | 200 |
| total shareholders funds | 48,002 | 27,302 | 26,675 | 200 |
| Apr 2024 | Jan 2023 | Jan 2022 | Jan 2021 | |
|---|---|---|---|---|
| Operating Activities | ||||
| Operating Profit | ||||
| Depreciation | ||||
| Amortisation | ||||
| Tax | ||||
| Stock | ||||
| Debtors | 16,637 | 1,461 | 37,464 | |
| Creditors | -1,452 | -3,038 | 19,573 | |
| Accruals and Deferred Income | -2,427 | 3,137 | 2,490 | |
| Deferred Taxes & Provisions | 43 | -172 | 2,644 | |
| Cash flow from operations | ||||
| 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 | ||||
| other long term liabilities | ||||
| share issue | ||||
| interest | ||||
| cash flow from financing | ||||
| cash and cash equivalents | ||||
| cash | -200 | 200 | ||
| overdraft | ||||
| change in cash | -200 | 200 |
willard wigan art ltd Credit Report and Business Information
Willard Wigan Art Ltd Competitor Analysis
Perform a competitor analysis for willard wigan art ltd by selecting its closest rivals, whether from the OTHER SERVICE ACTIVITIES sector, other micro companies, companies in B23 area or any other competitors across 12 key performance metrics.
willard wigan art ltd Ownership
WILLARD WIGAN ART LTD group structure
Willard Wigan Art Ltd has no subsidiary companies.
Ultimate parent company
WILLARD WIGAN ART LTD
12421728
willard wigan art ltd directors
Willard Wigan Art Ltd currently has 1 director, Mr John Bowden serving since Jan 2020.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr John Bowden | 55 years | Jan 2020 | - | Director |
P&L
April 2024turnover
165.1k
+39%
operating profit
27.6k
0%
gross margin
19.9%
-1.07%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
April 2024net assets
48k
+0.76%
total assets
68.8k
+0.32%
cash
0
0%
net assets
Total assets minus all liabilities
willard wigan art ltd company details
company number
12421728
Type
Private limited with Share Capital
industry
96090 - Other personal service activities n.e.c.
incorporation date
January 2020
age
5
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
April 2024
previous names
N/A
accountant
R & A BURNS LIMITED
auditor
-
address
181-183 summer road, erdington, birmingham, B23 6DX
Bank
-
Legal Advisor
-
willard wigan art 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 willard wigan art ltd.
willard wigan art ltd 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 WILLARD WIGAN ART LTD. This can take several minutes, an email will notify you when this has completed.
willard wigan art ltd Companies House Filings - See Documents
| date | description | view/download |
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