wingate timber limited
wingate timber limited Company Information
Company Number
14634661
Next Accounts
Nov 2025
Shareholders
alastair roderick donald macleod
Group Structure
View All
Industry
Agents involved in the sale of timber and building materials
Registered Address
c/o azets, wynyard park house, wynyard park, billingham, TS22 5TB
Website
-wingate timber limited Estimated Valuation
Pomanda estimates the enterprise value of WINGATE TIMBER LIMITED at £257.2k based on a Turnover of £712.8k and 0.36x industry multiple (adjusted for size and gross margin).
wingate timber limited Estimated Valuation
Pomanda estimates the enterprise value of WINGATE TIMBER LIMITED at £0 based on an EBITDA of £-138.4k and a 3.28x industry multiple (adjusted for size and gross margin).
wingate timber limited Estimated Valuation
Pomanda estimates the enterprise value of WINGATE TIMBER LIMITED at £0 based on Net Assets of £-145.4k and 2.03x industry multiple (adjusted for liquidity).
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Wingate Timber Limited Overview
Wingate Timber Limited is a live company located in billingham, TS22 5TB with a Companies House number of 14634661. It operates in the agents involved in the sale of timber and building materials sector, SIC Code 46130. Founded in February 2023, it's largest shareholder is alastair roderick donald macleod with a 100% stake. Wingate Timber Limited is a startup, small sized company, Pomanda has estimated its turnover at £712.8k with unknown growth in recent years.
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Wingate Timber Limited Health Check
Pomanda's financial health check has awarded Wingate Timber Limited a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 6 areas for improvement. Company Health Check FAQs
2 Strong
2 Regular
6 Weak
Size
annual sales of £712.8k, make it smaller than the average company (£12.2m)
- Wingate Timber Limited
£12.2m - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Wingate Timber Limited
- - Industry AVG
Production
with a gross margin of 26.3%, this company has a comparable cost of product (26.3%)
- Wingate Timber Limited
26.3% - Industry AVG
Profitability
an operating margin of -20.4% make it less profitable than the average company (4%)
- Wingate Timber Limited
4% - Industry AVG
Employees
with 4 employees, this is below the industry average (30)
4 - Wingate Timber Limited
30 - Industry AVG
Pay Structure
on an average salary of £38.1k, the company has an equivalent pay structure (£38.1k)
- Wingate Timber Limited
£38.1k - Industry AVG
Efficiency
resulting in sales per employee of £178.2k, this is less efficient (£324.8k)
- Wingate Timber Limited
£324.8k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Wingate Timber Limited
- - Industry AVG
Creditor Days
its suppliers are paid after 63 days, this is slower than average (43 days)
- Wingate Timber Limited
43 days - Industry AVG
Stock Days
it holds stock equivalent to 5 days, this is less than average (59 days)
- Wingate Timber Limited
59 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 1 weeks, this is less cash available to meet short term requirements (2 weeks)
1 weeks - Wingate Timber Limited
2 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 139.7%, this is a higher level of debt than the average (59.1%)
139.7% - Wingate Timber Limited
59.1% - Industry AVG
WINGATE TIMBER LIMITED financials
Wingate Timber Limited's latest turnover from February 2024 is estimated at £712.8 thousand and the company has net assets of -£145.4 thousand. According to their latest financial statements, Wingate Timber Limited has 4 employees and maintains cash reserves of £2.7 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Feb 2024 | |
|---|---|
| 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 | 4 |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Feb 2024 | |
|---|---|
| Tangible Assets | 293,537 |
| Intangible Assets | |
| Investments & Other | 46,126 |
| Debtors (Due After 1 year) | |
| Total Fixed Assets | 339,663 |
| Stock & work in progress | 8,487 |
| Trade Debtors | |
| Group Debtors | |
| Misc Debtors | 15,637 |
| Cash | 2,657 |
| misc current assets | |
| total current assets | 26,781 |
| total assets | 366,444 |
| Bank overdraft | |
| Bank loan | |
| Trade Creditors | 90,903 |
| Group/Directors Accounts | |
| other short term finances | |
| hp & lease commitments | |
| other current liabilities | 20,896 |
| total current liabilities | 111,799 |
| loans | |
| hp & lease commitments | |
| Accruals and Deferred Income | |
| other liabilities | 400,000 |
| provisions | |
| total long term liabilities | 400,000 |
| total liabilities | 511,799 |
| net assets | -145,355 |
| total shareholders funds | -145,355 |
| Feb 2024 | |
|---|---|
| Operating Activities | |
| Operating Profit | |
| Depreciation | 7,062 |
| Amortisation | |
| Tax | |
| Stock | 8,487 |
| Debtors | 15,637 |
| Creditors | 90,903 |
| Accruals and Deferred Income | 20,896 |
| Deferred Taxes & Provisions | |
| Cash flow from operations | |
| Investing Activities | |
| capital expenditure | |
| Change in Investments | 46,126 |
| 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 | 400,000 |
| share issue | |
| interest | |
| cash flow from financing | |
| cash and cash equivalents | |
| cash | 2,657 |
| overdraft | |
| change in cash | 2,657 |
wingate timber limited Credit Report and Business Information
Wingate Timber Limited Competitor Analysis
Perform a competitor analysis for wingate timber limited by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other small companies, companies in TS22 area or any other competitors across 12 key performance metrics.
wingate timber limited Ownership
WINGATE TIMBER LIMITED group structure
Wingate Timber Limited has no subsidiary companies.
Ultimate parent company
WINGATE TIMBER LIMITED
14634661
wingate timber limited directors
Wingate Timber Limited currently has 4 directors. The longest serving directors include Mr Alastair MacLeod (Feb 2023) and Mr Henrik Warrer (Jan 2024).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Alastair MacLeod | England | 64 years | Feb 2023 | - | Director |
| Mr Henrik Warrer | England | 52 years | Jan 2024 | - | Director |
| Mr David Irvine | England | 62 years | Jan 2024 | - | Director |
| Mr William Myers | England | 59 years | Aug 2024 | - | Director |
P&L
February 2024turnover
712.8k
0%
operating profit
-145.4k
0%
gross margin
26.4%
0%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
February 2024net assets
-145.4k
0%
total assets
366.4k
0%
cash
2.7k
0%
net assets
Total assets minus all liabilities
Similar Companies
wingate timber limited company details
company number
14634661
Type
Private limited with Share Capital
industry
46130 - Agents involved in the sale of timber and building materials
incorporation date
February 2023
age
2
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
February 2024
previous names
N/A
accountant
-
auditor
-
address
c/o azets, wynyard park house, wynyard park, billingham, TS22 5TB
Bank
-
Legal Advisor
-
wingate timber 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 wingate timber limited. Currently there are 2 open charges and 0 have been satisfied in the past.
wingate timber 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 WINGATE TIMBER LIMITED. This can take several minutes, an email will notify you when this has completed.
wingate timber limited Companies House Filings - See Documents
| date | description | view/download |
|---|
