w.c. willis & company limited
w.c. willis & company limited Company Information
Company Number
SC011596
Next Accounts
Dec 2024
Industry
Manufacture of workwear
Shareholders
james boylan safety (ni) limited
Group Structure
View All
Contact
Registered Address
33 carlyle avenue, hillington park, glasgow, G52 4XX
Website
jbsgroup.co.ukw.c. willis & company limited Estimated Valuation
Pomanda estimates the enterprise value of W.C. WILLIS & COMPANY LIMITED at £829k based on a Turnover of £1.5m and 0.57x industry multiple (adjusted for size and gross margin).
w.c. willis & company limited Estimated Valuation
Pomanda estimates the enterprise value of W.C. WILLIS & COMPANY LIMITED at £0 based on an EBITDA of £-1.1m and a 4.54x industry multiple (adjusted for size and gross margin).
w.c. willis & company limited Estimated Valuation
Pomanda estimates the enterprise value of W.C. WILLIS & COMPANY LIMITED at £0 based on Net Assets of £0 and 2.6x industry multiple (adjusted for liquidity).
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W.c. Willis & Company Limited Overview
W.c. Willis & Company Limited is a dissolved company that was located in glasgow, G52 4XX with a Companies House number of SC011596. It operated in the manufacture of workwear sector, SIC Code 14120. Founded in January 1921, it's largest shareholder was james boylan safety (ni) limited with a 100% stake. The last turnover for W.c. Willis & Company Limited was estimated at £1.5m.
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W.c. Willis & Company Limited Health Check
Pomanda's financial health check has awarded W.C. Willis & Company Limited a 0.5 rating. We use a traffic light system to show it exceeds the industry average on 0 measures and has 6 areas for improvement. Company Health Check FAQs
0 Strong
1 Regular
6 Weak
Size
annual sales of £1.5m, make it smaller than the average company (£10.8m)
- W.c. Willis & Company Limited
£10.8m - Industry AVG
Growth
3 year (CAGR) sales growth of -22%, show it is growing at a slower rate (5.3%)
- W.c. Willis & Company Limited
5.3% - Industry AVG
Production
with a gross margin of 22.1%, this company has a higher cost of product (27.7%)
- W.c. Willis & Company Limited
27.7% - Industry AVG
Profitability
an operating margin of -75% make it less profitable than the average company (5.6%)
- W.c. Willis & Company Limited
5.6% - Industry AVG
Employees
with 13 employees, this is below the industry average (60)
13 - W.c. Willis & Company Limited
60 - Industry AVG
Pay Structure
on an average salary of £25k, the company has an equivalent pay structure (£25k)
- W.c. Willis & Company Limited
£25k - Industry AVG
Efficiency
resulting in sales per employee of £111.6k, this is less efficient (£165.7k)
- W.c. Willis & Company Limited
£165.7k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- W.c. Willis & Company Limited
- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- W.c. Willis & Company Limited
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- W.c. Willis & Company Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - W.c. Willis & Company Limited
- - Industry AVG
Debt Level
There is insufficient data available for this Key Performance Indicator!
- - W.c. Willis & Company Limited
- - Industry AVG
W.C. WILLIS & COMPANY LIMITED financials
W.C. Willis & Company Limited's latest turnover from February 2019 is estimated at £1.5 million and the company has net assets of 0. According to their latest financial statements, W.C. Willis & Company Limited has 13 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Feb 2019 | Dec 2018 | Dec 2017 | Aug 2016 | Aug 2015 | Aug 2014 | Aug 2013 | Aug 2012 | Aug 2011 | Aug 2010 | Aug 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 | 13 | 13 | 18 | 25 | |||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Feb 2019 | Dec 2018 | Dec 2017 | Aug 2016 | Aug 2015 | Aug 2014 | Aug 2013 | Aug 2012 | Aug 2011 | Aug 2010 | Aug 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 0 | 8,964 | 14,768 | 34,589 | 46,148 | 36,720 | 21,628 | 19,738 | 22,550 | 12,476 | 22,762 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 0 | 8,964 | 14,768 | 34,589 | 46,148 | 36,720 | 21,628 | 19,738 | 22,550 | 12,476 | 22,762 |
| Stock & work in progress | 0 | 387,303 | 430,824 | 523,067 | 580,688 | 618,146 | 481,456 | 470,347 | 405,932 | 399,854 | 326,539 |
| Trade Debtors | 0 | 2,327,921 | 1,116,306 | 1,130,628 | 1,454,865 | 1,517,907 | 1,080,985 | 1,355,491 | 1,206,860 | 797,411 | 861,772 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 40,000 |
| Cash | 0 | 4,692 | 185,712 | 114,383 | 19,845 | 39,342 | 59,351 | 497,328 | 136,205 | 154,293 | 241,763 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 0 | 2,719,916 | 1,732,842 | 1,768,078 | 2,055,398 | 2,175,395 | 1,621,792 | 2,323,166 | 1,748,997 | 1,351,558 | 1,470,074 |
| total assets | 0 | 2,728,880 | 1,747,610 | 1,802,667 | 2,101,546 | 2,212,115 | 1,643,420 | 2,342,904 | 1,771,547 | 1,364,034 | 1,492,836 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 0 | 1,639,908 | 692,311 | 672,676 | 1,078,244 | 1,322,584 | 588,633 | 1,118,152 | 1,030,911 | 906,705 | 833,080 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 316,914 | 428,443 | 0 | 0 | 0 |
| total current liabilities | 0 | 1,639,908 | 692,311 | 672,676 | 1,078,244 | 1,322,584 | 905,547 | 1,546,595 | 1,030,911 | 906,705 | 833,080 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 5,130 | 8,370 | 11,610 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 1,171 | 2,157 | 5,476 | 8,213 | 6,409 | 1,013 | 2,103 | 2,896 | 0 | 1,036 |
| total long term liabilities | 0 | 1,171 | 2,157 | 10,606 | 16,583 | 18,019 | 1,013 | 2,103 | 2,896 | 0 | 1,036 |
| total liabilities | 0 | 1,641,079 | 694,468 | 683,282 | 1,094,827 | 1,340,603 | 906,560 | 1,548,698 | 1,033,807 | 906,705 | 834,116 |
| net assets | 0 | 1,087,801 | 1,053,142 | 1,119,385 | 1,006,719 | 871,512 | 736,860 | 794,206 | 737,740 | 457,329 | 658,720 |
| total shareholders funds | 0 | 1,087,801 | 1,053,142 | 1,119,385 | 1,006,719 | 871,512 | 736,860 | 794,206 | 737,740 | 457,329 | 658,720 |
| Feb 2019 | Dec 2018 | Dec 2017 | Aug 2016 | Aug 2015 | Aug 2014 | Aug 2013 | Aug 2012 | Aug 2011 | Aug 2010 | Aug 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||
| Operating Profit | |||||||||||
| Depreciation | 5,804 | 25,388 | 14,626 | 13,963 | 9,562 | 6,651 | 9,746 | 8,190 | 12,388 | 15,057 | |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Tax | |||||||||||
| Stock | -387,303 | -43,521 | -92,243 | -57,621 | -37,458 | 136,690 | 11,109 | 64,415 | 6,078 | 73,315 | 326,539 |
| Debtors | -2,327,921 | 1,211,615 | -14,322 | -324,237 | -63,042 | 436,922 | -274,506 | 148,631 | 409,449 | -104,361 | 901,772 |
| Creditors | -1,639,908 | 947,597 | 19,635 | -405,568 | -244,340 | 733,951 | -529,519 | 87,241 | 124,206 | 73,625 | 833,080 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | -316,914 | -111,529 | 428,443 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | -1,171 | -986 | -3,319 | -2,737 | 1,804 | 5,396 | -1,090 | -793 | 2,896 | -1,036 | 1,036 |
| Cash flow from operations | |||||||||||
| Investing Activities | |||||||||||
| capital expenditure | |||||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | |||||||||||
| Financing Activities | |||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | -5,130 | -3,240 | -3,240 | 11,610 | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||||||||
| interest | |||||||||||
| cash flow from financing | |||||||||||
| cash and cash equivalents | |||||||||||
| cash | -4,692 | -181,020 | 71,329 | 94,538 | -19,497 | -20,009 | -437,977 | 361,123 | -18,088 | -87,470 | 241,763 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -4,692 | -181,020 | 71,329 | 94,538 | -19,497 | -20,009 | -437,977 | 361,123 | -18,088 | -87,470 | 241,763 |
w.c. willis & company limited Credit Report and Business Information
W.c. Willis & Company Limited Competitor Analysis
Perform a competitor analysis for w.c. willis & company limited by selecting its closest rivals, whether from the MANUFACTURING sector, other undefined companies, companies in G52 area or any other competitors across 12 key performance metrics.
w.c. willis & company limited Ownership
W.C. WILLIS & COMPANY LIMITED group structure
W.C. Willis & Company Limited has no subsidiary companies.
Ultimate parent company
MULLAN INVESTMENTS LIMITED
IE376957
2 parents
W.C. WILLIS & COMPANY LIMITED
SC011596
w.c. willis & company limited directors
W.C. Willis & Company Limited currently has 2 directors. The longest serving directors include Mr Grattan Boylan (May 2017) and Mr Declan O'Donnell (May 2017).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Grattan Boylan | England | 53 years | May 2017 | - | Director |
| Mr Declan O'Donnell | 56 years | May 2017 | - | Director |
P&L
February 2019turnover
1.5m
-70%
operating profit
-1.1m
0%
gross margin
22.1%
-0.77%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
February 2019net assets
0
-1%
total assets
0
-1%
cash
0
-1%
net assets
Total assets minus all liabilities
w.c. willis & company limited company details
company number
SC011596
Type
Private limited with Share Capital
industry
14120 - Manufacture of workwear
incorporation date
January 1921
age
103
incorporated
UK
ultimate parent company
accounts
Audited Abridged
last accounts submitted
February 2019
previous names
N/A
accountant
SP MCCAFFREY & CO
auditor
-
address
33 carlyle avenue, hillington park, glasgow, G52 4XX
Bank
BANK OF SCOTLAND
Legal Advisor
-
w.c. willis & company 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 8 charges/mortgages relating to w.c. willis & company limited. Currently there are 2 open charges and 6 have been satisfied in the past.
w.c. willis & company 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 W.C. WILLIS & COMPANY LIMITED. This can take several minutes, an email will notify you when this has completed.
w.c. willis & company limited Companies House Filings - See Documents
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