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Wsp uk ltd
Registration Number
01383511Incorporation Date
11/08/1978Last Annual Return
Not availableAddress
Wsp House, 70 Chancery Lane, London, London. WC2A 1AF
Website
www.wsp-pb.co.ukAudit Fees
£813,000Secretary
Ms Hannah Pilsworth
Directors
Active
Mr Miles Barnard (59 yrs)
Active
Mr Mark William Naysmith (59 yrs)
Active
Mr Paul Tremble (61 yrs)
Active
Mr Mathieu Du Plooy (51 yrs)
Active
Mr Paul Reilly (60 yrs)
| Proposed Year |
|||||
|---|---|---|---|---|---|
| Period Ending | 31-Dec-21 | 31-Dec-22 | 31-Dec-23 | 31-Dec-24 | 30-Dec-25 |
| Weeks | 52 | 52 | 52 | 52 | 52 |
| Total Sales (£000) | 636361 | 736656 | 867768 | 994017 | 1167557 |
| Directors Fees | 0 | 0 | 3788 | 3875 | 4650 |
| Gross Profits | 112493 | 136284 | 162871 | 197059 | 231462 |
| Value Added | 438483 | 502605 | 587680 | 649197 | 700759 |
| Trading Profit | 53860 | 55804 | 63360 | 88902 | 102446 |
| Depreciation | 5863 | 5809 | 4516 | 6751 | |
| Non-Trading Income | 1407 | 1062 | 1333 | 1100 | 0 |
| Total Interest Charges | 7981 | 5404 | 4868 | 6432 | 7718 |
| Pre-tax Profit | 41423 | 45653 | 55309 | 76819 | 86627 |
| Retained Profit (Shareholders Funds) | -8896 | 125691 | 42419 | 58876 | 46091 |
| Fixed Assets | 74979 | 19318 | 25696 | 26997 | 32396 |
| Intangibles | 113954 | 170666 | 262677 | 290219 | 348263 |
| Intermediate Assets | 41000 | 86354 | 85552 | 39670 | 47604 |
| Stocks | 0 | 0 | 0 | 0 | 0 |
| Debtors | 113608 | 131463 | 163673 | 244857 | 287605 |
| Cash or Equivalent | 88336 | 107336 | 101156 | 145753 | 6025 |
| Total Current Assets | 201944 | 238799 | 264829 | 390610 | 293630 |
| Creditors | 19916 | 20348 | 74829 | 134408 | 181555 |
| Short Term Borrowing | 34762 | 38646 | 91136 | 60978 | 0 |
| Other Current Liabilities | 109661 | 120950 | 80617 | 72045 | 86454 |
| Total Current Liabilities | 164339 | 179944 | 246582 | 267431 | 268009 |
| Net Current Assets | 37605 | 58855 | 18247 | 123179 | 25621 |
| Shareholders Funds | 155607 | 281298 | 323717 | 382593 | 428684 |
| Total Loan Capital | 94563 | 45773 | 40782 | 76472 | 0 |
| Other Capital Employed | 17368 | 8122 | 27673 | 21000 | 25200 |
| Total Capital Employed | 267538 | 335193 | 392172 | 480065 | 453884 |
| Pretax Profit Margin % | 6.51 | 6.2 | 6.37 | 7.73 | 7.42 |
| Sales Growth % | 6 | 16 | 18 | 15 | 17 |
| Pretax Profit Growth % | 150 | 10 | 21 | 39 | 13.00 |
| Debtor Ratio Days | 65 | 65 | 69 | 90 | 89.6644101660233 |
| Creditor Ratio Days | 11 | 10 | 31 | 49 | 56.6018375943268 |
| Stock Turnover | NA | NA | NA | NA | NA |
| Sales £000 / Employee | 93 | 99 | 105 | 116 | 127.260090782123 |
| Value Added £000/Empl. | 64 | 68 | 71 | 76 | 76.3770027247957 |
| Av. Remun. £000 / Empl. | 56 | 60 | 64 | 65 | 65.2112430167598 |
| Total Empl. Remu. £000 | 384623 | 446801 | 524320 | 560295 | 598313.154678771 |
| Employees | 6815 | 7428 | 8236 | 8592 | 9175 |
| Pretax Profit/Total Assets % | 10 | 9 | 9 | 10 | 12 |
Company Summary
- The Plimsoll Chart is high and rising indicating an improvement in financial strength, but below the industry average.
- Total Sales have increased by 14.5% in the latest year, well above the industry average of 9.4%.
- The company lies an excellent 1st in terms of Total Sales in this industry.
- The company lies an excellent 1st in terms of Pretax Profits in this industry. Up 3 places from last year.
- The average salary is £65,000 which is well above the industry average of £54,000.
- The company is ranked among the fastest growing in terms of sales growth in the latest year.
- The company has consistently improved pretax profits over the last 4 years. Only 9 other companies achieved this.
- Pretax Profit Margin is 7.7% in the latest year, well above the industry average of 6.9%.
- Pretax Profit Margin has markedly improved from 6.4% to 7.7% in the latest year.
- The Profitability chart shows a well above average pretax profit return on total assets in the latest year.
- The company is among the Top 24 companies listed as a Best Trading Partner (see section 1c).
- The company is among the Top 50 companies listed under the Pretax Profit Return on Total Assets category (see section 3.4c).
- The company is among the Top 235 companies listed under the Pretax Profits category (see section 3.2c).
Company Summary
The company currently has £994m sales and made £76.8m, by following the proposal plan, sales would rise to £1.2bn and profits would rise to £86.6m.
Key Attractiveness Features
- PRIVATELY OWNED
- ADD £994m TO SALES
Acquisition Attractiveness Rating
- Low number of shareholders
- Company is privately owned
- Low number of directors
- Sales growth above the industry average
- Low financial rating
- High gross earnings
- Big difference between current and future value
- Directors fees represent high proportion of profits
- Average age of directors is high
Company Valuation
| Proposed Year |
|||||
|---|---|---|---|---|---|
| Period Ending | 31-Dec-21 | 31-Dec-22 | 31-Dec-23 | 31-Dec-24 | 30-Dec-25 |
| Total Sales (£000) | 636361 | 736656 | 867768 | 994017 | 1167557 |
| Pre-tax Profit (£000) | 41423 | 45653 | 55309 | 76819 | 86627 |
| Total Value (£000) | 583526 | 657776 | 850758 | 1031873 | 1210843 |
| Asset Value (£000) | 343541 | 407801 | 537598 | 601743 | 715868 |
| Goodwill (£000) | 239985 | 249975 | 313160 | 430130 | 494975 |
| Liabilities (£000) | -187934 | -126503 | -213881 | -219150 | -287184 |
| Equity Value (£000) | 395592 | 531273 | 636877 | 812723 | 923659 |
Total Value Formula: (Pretax Profit + Interest Payments - Non Trading Income + Directors Fees) * 5 plus (Fixed Assets + Intangibles + Intermediate Assets + Stocks + Debtors)
Shareholders / Ownership
WSP GROUP HOLDING AB (100.0%)
Immediate Shareholder: See Shareholders
Subsidiaries
G L HEARN LTD
GOLDER ASSOCIATES (UK) LTD
PARSONS BRINCKERHOFF LTD
WSP EUROPEAN HOLDINGS LTD
WSP MANAGEMENT SERVICES LTD
WSP (REAL ESTATE AND INFRASTRUCTURE) LTD
NETWORK INFORMATION SERVICES LTD
PROJEKTGRUPPEN AKUTCENTER VIBORG APS
Acquisition / Valuation Comments
This company has been established 48 years.
The number of shareholders is low (1).
1 director is over 60 years of age.
The value of the company has risen in each of the last 2 years.
The total value of the company is currently £1.0bn including debts.
The equity value is high, indicating low levels of total liabilities.
This company is rated HIGHLY ATTRACTIVE in terms of attractiveness.
The proposed year is based on achieving a 12% return on total assets.
The company's value would increase by 17% if the proposed business plan was followed.
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