Paine Manwaring

William Payne first established the company in 1725 when he opened a blacksmith’s in Broadwater village, near Worthing, West Sussex. In 1874 Frank Manwaring joined the business and the company expanded into the maintenance of steam traction engines. The company has continued to expand over the years, constantly adding to its portfolio of services and products, and keeping pace with technical advances and industry developments. Paine Manwaring ensure all employees receive training in any advances to keep their skills and knowledge up-to-date and exploit all forms of modern technology within the fields of plumbing, heating and electrical. The Service Department currently maintains over 6,500 private customers and holds long-term contracts with local authorities including, Worthing Borough Council and local property management agents. Our solid background and extensive experience with valued domestic and commercial customers mean you can be certain you are employing a professional and competent company that places your needs at the centre of all that it does.
Company Growth (employees)
Type
Private
HQ
Worthing, GB
Founded
1725
Size (employees)
19 (est)+6%
Paine Manwaring was founded in 1725 and is headquartered in Worthing, GB

Paine Manwaring Office Locations

Paine Manwaring has an office in Worthing
Worthing, GB (HQ)
Dominion Way

Paine Manwaring Data and Metrics

Summary Metrics

Founding Date

1725

Paine Manwaring Financial Metrics

Paine Manwaring's revenue was reported to be £13.4 m in FY, 2016 which is a 13% increase from the previous period.
Numbers are in £, GBP

Revenue (FY, 2016)

13.4 m

Revenue growth (FY, 2015 - FY, 2016), %

13%

Gross profit (FY, 2016)

2.8 m

Gross profit margin (FY, 2016), %

21%

Net income (FY, 2016)

592.1 k

Cash (31-Mar-2016)

1.7 m
Numbers are in £, GBPFY, 2014FY, 2015FY, 2016

Revenue

11.1 m11.8 m13.4 m

Revenue growth, %

6%13%

Cost of goods sold

9.5 m9.7 m10.6 m

Gross profit

1.6 m2.2 m2.8 m

Gross profit Margin, %

15%18%21%

Operating expense total

1.5 m1.6 m2 m

Pre tax profit

135.4 k617 k743.3 k

Net Income

105 k489 k592.1 k
Numbers are in £, GBPFY, 2014FY, 2015FY, 2016

Cash

579.1 k970.9 k1.7 m

Accounts Receivable

1.4 m616.5 k427.8 k

Current Assets

2.4 m2.8 m3.7 m

PP&E

43.1 k30.4 k20.7 k

Goodwill

15.2 k1.3 k150

Total Assets

2.4 m2.9 m3.7 m

Accounts Payable

1.2 m1.2 m2 m

Current Liabilities

1.8 m2.1 m2.7 m

Retained Earnings

55 k189 k267.8 k

Total Equity

596.4 k785.4 k1.1 m

Financial Leverage

4 x3.7 x3.5 x
Numbers are in £, GBPFY, 2014FY, 2015FY, 2016

Income Taxes Paid

(30.4 k)(128.1 k)(151.3 k)
Y, 2016

Financial Leverage

3.5 x

Paine Manwaring Online and Social Media Presence

Paine Manwaring Company Life and Culture

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