whittington engineering limited
whittington engineering limited Company Information
Company Number
SC469059
Website
-Registered Address
91 alexander street, airdrie, ML6 0BD
Industry
Other business support service activities n.e.c.
Telephone
-
Next Accounts Due
October 2024
Group Structure
View All
Directors
Douglas Whittington10 Years
Shareholders
douglas whittington 100%
whittington engineering limited Estimated Valuation
Pomanda estimates the enterprise value of WHITTINGTON ENGINEERING LIMITED at £350 based on a Turnover of £883 and 0.4x industry multiple (adjusted for size and gross margin).
whittington engineering limited Estimated Valuation
Pomanda estimates the enterprise value of WHITTINGTON ENGINEERING LIMITED at £0 based on an EBITDA of £-1.5k and a 3.1x industry multiple (adjusted for size and gross margin).
whittington engineering limited Estimated Valuation
Pomanda estimates the enterprise value of WHITTINGTON ENGINEERING LIMITED at £0 based on Net Assets of £-26 and 2.54x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Whittington Engineering Limited Overview
Whittington Engineering Limited is a dissolved company that was located in airdrie, ML6 0BD with a Companies House number of SC469059. It operated in the other business support service activities n.e.c. sector, SIC Code 82990. Founded in February 2014, it's largest shareholder was douglas whittington with a 100% stake. The last turnover for Whittington Engineering Limited was estimated at £883.7.
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Whittington Engineering Limited Health Check
Pomanda's financial health check has awarded Whittington Engineering Limited a 1 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 7 areas for improvement. Company Health Check FAQs
1 Strong
2 Regular
7 Weak
Size
annual sales of £883.7, make it smaller than the average company (£3m)
- Whittington Engineering Limited
£3m - Industry AVG
Growth
3 year (CAGR) sales growth of -78%, show it is growing at a slower rate (4.1%)
- Whittington Engineering Limited
4.1% - Industry AVG
Production
with a gross margin of 17.3%, this company has a higher cost of product (38.5%)
- Whittington Engineering Limited
38.5% - Industry AVG
Profitability
an operating margin of -165.4% make it less profitable than the average company (6.5%)
- Whittington Engineering Limited
6.5% - Industry AVG
Employees
with 1 employees, this is below the industry average (20)
- Whittington Engineering Limited
20 - Industry AVG
Pay Structure
on an average salary of £43.5k, the company has an equivalent pay structure (£43.5k)
- Whittington Engineering Limited
£43.5k - Industry AVG
Efficiency
resulting in sales per employee of £883.7, this is less efficient (£137.2k)
- Whittington Engineering Limited
£137.2k - Industry AVG
Debtor Days
it gets paid by customers after 39 days, this is near the average (40 days)
- Whittington Engineering Limited
40 days - Industry AVG
Creditor Days
its suppliers are paid after 253 days, this is slower than average (34 days)
- Whittington Engineering Limited
34 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Whittington Engineering Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Whittington Engineering Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 105.4%, this is a higher level of debt than the average (60.4%)
105.4% - Whittington Engineering Limited
60.4% - Industry AVG
WHITTINGTON ENGINEERING LIMITED financials
Whittington Engineering Limited's latest turnover from March 2023 is estimated at £884 and the company has net assets of -£26. According to their latest financial statements, we estimate that Whittington Engineering Limited has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | |
|---|---|---|---|---|---|---|---|---|---|
| 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 | 1 | 1 | 1 | 1 | 1 | ||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | |
|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 386 | 386 | 386 | 515 | 687 | 916 | 1,221 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 386 | 386 | 386 | 515 | 687 | 916 | 1,221 | 0 | 0 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 96 | 7,816 | 28,513 | 27,783 | 11,095 | 27,045 | 57,032 | 0 | 2,940 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 56,956 | 41,642 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 96 | 7,816 | 28,513 | 27,783 | 11,095 | 27,045 | 57,032 | 56,956 | 44,582 |
| total assets | 482 | 8,202 | 28,899 | 28,298 | 11,782 | 27,961 | 58,253 | 56,956 | 44,582 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 508 | 6,766 | 21,796 | 15,746 | 8,228 | 11,419 | 21,213 | 16,062 | 20,888 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 508 | 6,766 | 21,796 | 15,746 | 8,228 | 11,419 | 21,213 | 16,062 | 20,888 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 508 | 6,766 | 21,796 | 15,746 | 8,228 | 11,419 | 21,213 | 16,062 | 20,888 |
| net assets | -26 | 1,436 | 7,103 | 12,552 | 3,554 | 16,542 | 37,040 | 40,894 | 23,694 |
| total shareholders funds | -26 | 1,436 | 7,103 | 12,552 | 3,554 | 16,542 | 37,040 | 40,894 | 23,694 |
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | |
|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||
| Operating Profit | |||||||||
| Depreciation | 0 | 0 | 0 | 0 | |||||
| Amortisation | 0 | 0 | 0 | 0 | |||||
| Tax | |||||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | -7,720 | -20,697 | 730 | 16,688 | -15,950 | -29,987 | 57,032 | -2,940 | 2,940 |
| Creditors | -6,258 | -15,030 | 6,050 | 7,518 | -3,191 | -9,794 | 5,151 | -4,826 | 20,888 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | |||||||||
| Investing Activities | |||||||||
| capital expenditure | |||||||||
| Change in Investments | 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 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||||||
| interest | |||||||||
| cash flow from financing | |||||||||
| cash and cash equivalents | |||||||||
| cash | 0 | 0 | 0 | 0 | 0 | 0 | -56,956 | 15,314 | 41,642 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 0 | 0 | 0 | 0 | 0 | 0 | -56,956 | 15,314 | 41,642 |
whittington engineering limited Credit Report and Business Information
Whittington Engineering Limited Competitor Analysis
Perform a competitor analysis for whittington engineering limited by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other undefined companies, companies in ML6 area or any other competitors across 12 key performance metrics.
whittington engineering limited Ownership
WHITTINGTON ENGINEERING LIMITED group structure
Whittington Engineering Limited has no subsidiary companies.
Ultimate parent company
WHITTINGTON ENGINEERING LIMITED
SC469059
whittington engineering limited directors
Whittington Engineering Limited currently has 1 director, Mr Douglas Whittington serving since Feb 2014.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Douglas Whittington | United Kingdom | 64 years | Feb 2014 | - | Director |
P&L
March 2023turnover
883.7
-98%
operating profit
-1.5k
0%
gross margin
17.4%
+5.37%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2023net assets
-26
-1.02%
total assets
482
-0.94%
cash
0
0%
net assets
Total assets minus all liabilities
whittington engineering limited company details
company number
SC469059
Type
Private limited with Share Capital
industry
82990 - Other business support service activities n.e.c.
incorporation date
February 2014
age
10
incorporated
UK
accounts
Micro-Entity Accounts
ultimate parent company
previous names
N/A
last accounts submitted
March 2023
address
91 alexander street, airdrie, ML6 0BD
accountant
CAHILL JACK ASSOCIATES LIMITED
auditor
-
whittington engineering 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 whittington engineering limited.
whittington engineering limited Companies House Filings - See Documents
| date | description | view/download |
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