wemyss properties limited

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wemyss properties limited Company Information

Share WEMYSS PROPERTIES LIMITED

Company Number

SC024047

Shareholders

wemyss development company ltd

Group Structure

View All

Industry

Buying and selling of own real estate

 +2

Registered Address

4 melville crescent, edinburgh, midlothian, EH3 7JA

wemyss properties limited Estimated Valuation

£1.2m

Pomanda estimates the enterprise value of WEMYSS PROPERTIES LIMITED at £1.2m based on a Turnover of £500.4k and 2.31x industry multiple (adjusted for size and gross margin).

wemyss properties limited Estimated Valuation

£3.6m

Pomanda estimates the enterprise value of WEMYSS PROPERTIES LIMITED at £3.6m based on an EBITDA of £646k and a 5.62x industry multiple (adjusted for size and gross margin).

wemyss properties limited Estimated Valuation

£6.6m

Pomanda estimates the enterprise value of WEMYSS PROPERTIES LIMITED at £6.6m based on Net Assets of £4.2m and 1.58x industry multiple (adjusted for liquidity).

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Wemyss Properties Limited Overview

Wemyss Properties Limited is a live company located in midlothian, EH3 7JA with a Companies House number of SC024047. It operates in the development of building projects sector, SIC Code 41100. Founded in April 1946, it's largest shareholder is wemyss development company ltd with a 100% stake. Wemyss Properties Limited is a mature, small sized company, Pomanda has estimated its turnover at £500.4k with healthy growth in recent years.

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Wemyss Properties Limited Health Check

Pomanda's financial health check has awarded Wemyss Properties Limited 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

Health Check Image
Health Rating4out of 5
positive_score

3 Strong

positive_score

4 Regular

positive_score

4 Weak

size

Size

annual sales of £500.4k, make it smaller than the average company (£1.3m)

£500.4k - Wemyss Properties Limited

£1.3m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 7%, show it is growing at a faster rate (4.6%)

7% - Wemyss Properties Limited

4.6% - Industry AVG

production

Production

with a gross margin of 56.6%, this company has a comparable cost of product (56.6%)

56.6% - Wemyss Properties Limited

56.6% - Industry AVG

profitability

Profitability

an operating margin of 129.1% make it more profitable than the average company (21.2%)

129.1% - Wemyss Properties Limited

21.2% - Industry AVG

employees

Employees

with 4 employees, this is similar to the industry average (4)

4 - Wemyss Properties Limited

4 - Industry AVG

paystructure

Pay Structure

on an average salary of £39.6k, the company has an equivalent pay structure (£39.6k)

£39.6k - Wemyss Properties Limited

£39.6k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £125.1k, this is less efficient (£216.4k)

£125.1k - Wemyss Properties Limited

£216.4k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 39 days, this is later than average (28 days)

39 days - Wemyss Properties Limited

28 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 22 days, this is quicker than average (33 days)

22 days - Wemyss Properties Limited

33 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Wemyss Properties Limited

- - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 490 weeks, this is more cash available to meet short term requirements (10 weeks)

490 weeks - Wemyss Properties Limited

10 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 62.3%, this is a similar level of debt than the average (67.2%)

62.3% - Wemyss Properties Limited

67.2% - Industry AVG

WEMYSS PROPERTIES LIMITED financials

EXPORTms excel logo

Wemyss Properties Limited's latest turnover from March 2024 is estimated at £500.4 thousand and the company has net assets of £4.2 million. According to their latest financial statements, Wemyss Properties Limited has 4 employees and maintains cash reserves of £2.4 million as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Turnover500,382461,752446,848408,691423,478542,285107,648189,036186,893587,662927,29554,493,23850,548,11052,540,18819,309,462
Other Income Or Grants
Cost Of Sales217,154203,626199,750180,414184,416233,34645,59579,60280,770276,098443,00825,018,56723,027,66224,176,2208,922,753
Gross Profit283,227258,126247,097228,277239,062308,93962,053109,434106,123311,564484,28729,474,67227,520,44828,363,96810,386,709
Admin Expenses-362,735-530,03189,170275,628-3,958,647-138,888-493,642-647,730-87,2226,207,264-353,48229,065,62627,178,56528,081,3432,875,424
Operating Profit645,962788,157157,927-47,3514,197,709447,827555,695757,164193,345-5,895,700837,769409,046341,883282,6257,511,285
Interest Payable722,856568,621346,106364,648467,794538,070277,22481,007213,843172,702
Interest Receivable147,80685,6465,1492,4472,1802078234944838261,1483,3373,5712,4961,708
Pre-Tax Profit70,912305,183-183,031-409,5533,732,095-90,036279,294676,651-20,015-6,067,576838,917412,383345,454285,1217,512,993
Tax-17,728-57,985-709,098-53,066-135,330-192,951-98,972-89,818-79,834-2,103,638
Profit After Tax53,184247,198-183,031-409,5533,022,997-90,036226,228541,321-20,015-6,067,576645,966313,411255,636205,2875,409,355
Dividends Paid
Retained Profit53,184247,198-183,031-409,5533,022,997-90,036226,228541,321-20,015-6,067,576645,966313,411255,636205,2875,409,355
Employee Costs158,399149,537184,305211,153182,246179,98034,42767,76734,61899,295161,7138,467,7908,123,5898,607,2443,306,070
Number Of Employees44565512135275267286109
EBITDA*645,962788,157157,927-47,3514,197,709447,827555,695757,164193,345-5,895,700845,009416,365352,218299,6917,527,614

* Earnings Before Interest, Tax, Depreciation and Amortisation

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Tangible Assets5,882,1877,337,6176,692,3957,035,0897,754,383
Intangible Assets
Investments & Other1,788,7321,664,9061,811,5161,811,4961,811,4762,094,2001,721,8711,721,8711,961,7702,051,77016,73716,73716,73716,73716,736
Debtors (Due After 1 year)8,937,962
Total Fixed Assets1,788,7321,664,9061,811,5161,811,4961,811,4762,094,2001,721,8711,721,8711,961,7702,051,77014,836,8867,354,3546,709,1327,051,8267,771,119
Stock & work in progress950,000
Trade Debtors54,39144,78339,29020,39012,84020,66419,46765,74156,4818,215,5407,669,9327,945,9533,384,421
Group Debtors6,636,1555,478,1076,135,1907,123,6865,250,2208,520,4197,112,874726,09367,5889,790
Misc Debtors191,858129,902111,22885,13487,89180,63930,68835,45986,6894,190,038
Cash2,418,7583,211,940818,465554,4814,338,64221,05834,105295,137100,31292,852237,552221,5451,113,276315,273683,257
misc current assets
total current assets9,301,1628,864,7327,104,1737,783,6919,689,5938,622,1167,177,6671,077,353274,0564,358,421294,0338,437,0858,783,2088,261,2265,017,678
total assets11,089,89410,529,6388,915,6899,595,18711,501,06910,716,3168,899,5382,799,2242,235,8266,410,19115,130,91915,791,43915,492,34015,313,05212,788,797
Bank overdraft
Bank loan
Trade Creditors 13,58324,27811,00121,55063,70560,24731,98324,86330,26565,545269,045159,595188,355157,943489,384
Group/Directors Accounts37,84878,46135,31425,44544,1548,126
other short term finances
hp & lease commitments
other current liabilities204,741102,29291,763153,243366,476451,505124,319109,176111,606199,000
total current liabilities256,172205,031138,078174,793430,181511,752156,302159,484186,025272,671269,045159,595188,355157,943489,384
loans6,653,3506,197,4194,897,6215,357,3736,598,3148,739,1987,203,6231,326,3551,265,8595,313,921
hp & lease commitments
Accruals and Deferred Income
other liabilities6,165,5776,084,4426,006,1246,006,1243,957,792
provisions15,78911,87831,520
total long term liabilities6,653,3506,197,4194,897,6215,357,3736,598,3148,754,9877,203,6231,326,3551,277,7375,345,4416,165,5776,084,4426,006,1246,006,1243,957,792
total liabilities6,909,5226,402,4505,035,6995,532,1667,028,4959,266,7397,359,9251,485,8391,463,7625,618,1126,434,6226,244,0376,194,4796,164,0674,447,176
net assets4,180,3724,127,1883,879,9904,063,0214,472,5741,449,5771,539,6131,313,385772,064792,0798,696,2979,547,4029,297,8619,148,9858,341,621
total shareholders funds4,180,3724,127,1883,879,9904,063,0214,472,5741,449,5771,539,6131,313,385772,064792,0798,696,2979,547,4029,297,8619,148,9858,341,621
Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Operating Activities
Operating Profit645,962788,157157,927-47,3514,197,709447,827555,695757,164193,345-5,895,700837,769409,046341,883282,6257,511,285
Depreciation7,2407,31910,33517,06616,329
Amortisation
Tax-17,728-57,985-709,098-53,066-135,330-192,951-98,972-89,818-79,834-2,103,638
Stock-950,000950,000
Debtors1,229,612-632,916-943,5021,878,259-3,250,1071,457,4966,361,346608,472-4,091,825-4,728,874778,903545,608-276,0214,561,5323,384,421
Creditors-10,69513,277-10,549-42,1553,45828,2647,120-5,402-35,280-203,500109,450-28,76030,412-331,441489,384
Accruals and Deferred Income102,44910,529-61,480-213,233-85,029327,18615,143-2,430-87,394199,000
Deferred Taxes & Provisions-15,78915,789-11,878-19,64231,520
Cash flow from operations-509,6241,386,8941,029,400-2,180,9986,641,358-638,430-5,836,454-6,3484,142,854-1,139,806-17,395-256,975568,833-3,723,1161,578,939
Investing Activities
capital expenditure5,882,1871,448,190-652,541332,359702,228-7,770,712
Change in Investments123,826-146,6102020-282,724372,329-239,899-90,0002,035,033116,736
cash flow from investments-123,826146,610-20-20282,724-372,329239,89990,0003,847,1541,448,190-652,541332,359702,227-7,787,448
Financing Activities
Bank loans
Group/Directors Accounts-40,61343,14735,314-25,445-18,70936,0288,126
Other Short Term Loans
Long term loans455,9311,299,798-459,752-1,240,941-2,140,8841,535,5755,877,26860,496-4,048,0625,313,921
Hire Purchase and Lease Commitments
other long term liabilities-6,165,57781,13578,3182,048,3323,957,792
share issue-1,836,642-1,497,071-63,870-106,760602,0772,932,266
interest-575,050-482,975-340,957-362,201-465,614-537,863-276,401-80,513-213,360-171,8761,1483,3373,5712,4961,708
cash flow from financing-159,732859,970-765,395-1,603,142-2,606,498997,7125,575,422-38,726-4,225,394-2,852,048-1,414,78817,785-103,1892,652,9056,891,766
cash and cash equivalents
cash-793,1822,393,475263,984-3,784,1614,317,584-13,047-261,032194,8257,460-144,70016,007-891,731798,003-367,984683,257
overdraft
change in cash-793,1822,393,475263,984-3,784,1614,317,584-13,047-261,032194,8257,460-144,70016,007-891,731798,003-367,984683,257

wemyss properties limited Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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Wemyss Properties Limited Competitor Analysis

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Perform a competitor analysis for wemyss properties limited by selecting its closest rivals, whether from the CONSTRUCTION sector, other small companies, companies in EH3 area or any other competitors across 12 key performance metrics.

wemyss properties limited directors

Wemyss Properties Limited currently has 7 directors. The longest serving directors include Mr William Wemyss (Feb 2003) and Miss Isabella Wemyss (Jun 2003).

officercountryagestartendrole
Mr William WemyssScotland54 years Feb 2003- Director
Miss Isabella WemyssUnited Kingdom57 years Jun 2003- Director
Mr Henry Shepherd-CrossUnited Kingdom56 years Sep 2005- Director
Mr Matthew AttonScotland47 years Jun 2012- Director
Mr Martin Orr55 years Mar 2019- Director
Mr James Fergusson46 years Feb 2022- Director
Mr Guy Scott PlummerScotland46 years Dec 2023- Director

P&L

March 2024

turnover

500.4k

+8%

operating profit

646k

0%

gross margin

56.7%

+1.25%

turnover

Turnover, or revenue, is the amount of sales generated by a company within the financial year.

Balance Sheet

March 2024

net assets

4.2m

+0.01%

total assets

11.1m

+0.05%

cash

2.4m

-0.25%

net assets

Total assets minus all liabilities

wemyss properties limited company details

company number

SC024047

Type

Private limited with Share Capital

industry

68209 - Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.

68100 - Buying and selling of own real estate

41100 - Development of building projects

incorporation date

April 1946

age

79

incorporated

UK

accounts

Small Company

last accounts submitted

March 2024

previous names

N/A

accountant

-

auditor

JOHNSTON CARMICHAEL LLP

address

4 melville crescent, edinburgh, midlothian, EH3 7JA

Bank

THE ROYAL BANK OF SCOTLAND PLC, THE ROYAL BANK OF SCOTLAND PLC

Legal Advisor

-

wemyss properties 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 did not find charges/mortgages relating to wemyss properties limited.

wemyss properties limited Capital Raised & Share Issues BETA

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wemyss properties limited Companies House Filings - See Documents

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