Waltet Materials Limited has been trading since it was founded in 1996 under the control of joint Managing Directors Mark Howard and Dan Newbold. The company offers a full range of ethical waste disposal, recycled aggregates, top soils and transport services. RF Salvidge Farms Limited (RFSF) established as part of the Waltet Group in 2006, operates a recycling facility on the outskirts of Romsey, Hampshire, primarily dealing with non-hazardous waste for the construction industry. On average 70% of all mixed waste and 90% of inert waste are recycled on this site. Hutchings & Carter Limited established in 1965 was acquired in 2011 expanding the Group's full range of services in the North & East of Hampshire from their facility in Waterbrook Road, Alton. In addition, Hutchings & Carter also offer full groundwork, contracting and tarmac surfacing services. Combined with its Head Office in Southampton, The Group now employs nearly 100 members of staff. Its primary business is centred on the production and supply of re-cycled construction materials and is the main source for the supply of tarmac road planings throughout the South of England, topsoil to BS 3882:2007, crushed concrete (6F2, 6F5 and Type 1) and offers a muck-away service.
Company Growth (employees)
Type
Private
HQ
Nursling, GB
Founded
1996
Size (employees)
18 (est)
Waltet was founded in 1996 and is headquartered in Nursling, GB

Waltet Office Locations

Waltet has an office in Nursling
Nursling, GB (HQ)
Andes Rd

Waltet Data and Metrics

Summary Metrics

Founding Date

1996

Waltet Financial Metrics

Waltet's revenue was reported to be £9.9 m in FY, 2016 which is a 17% decrease from the previous period.
Numbers are in £, GBP

Revenue (FY, 2016)

9.9 m

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

(17%)

Gross profit (FY, 2016)

3 m

Gross profit margin (FY, 2016), %

30%

Net income (FY, 2016)

732.1 k

Cash (31-Jul-2016)

400.4 k
Numbers are in £, GBPFY, 2014FY, 2015FY, 2016

Revenue

8.9 m11.9 m9.9 m

Revenue growth, %

34%(17%)

Cost of goods sold

7.1 m8.8 m6.9 m

Gross profit

1.8 m3.1 m3 m

Gross profit Margin, %

21%26%30%

Operating expense total

1.6 m2.1 m2 m

Pre tax profit

169.5 k948 k942.6 k

Net Income

103.4 k711.3 k732.1 k
Numbers are in £, GBPFY, 2014FY, 2015FY, 2016

Cash

498.9 k875.9 k400.4 k

Accounts Receivable

2.3 m2.4 m2.4 m

Current Assets

3.4 m3.7 m3.1 m

PP&E

3.7 m4.5 m4.5 m

Goodwill

7.9 k519.6 k605.1 k

Total Assets

7.1 m8.7 m8.2 m

Accounts Payable

1.6 m1.5 m1.2 m

Current Liabilities

4.4 m5.1 m4.7 m

Retained Earnings

(109.3 k)446.1 k560.5 k

Total Equity

1.3 m1.7 m2.3 m

Financial Leverage

5.6 x5.1 x3.6 x
Numbers are in £, GBPFY, 2014FY, 2015FY, 2016

Cash From Operating Activities

1.3 m2.3 m770.8 k

Cash From Financing Activities

(231.5 k)(426.8 k)(569.2 k)

Income Taxes Paid

(66.1 k)(236.7 k)(210.6 k)
Y, 2016

Financial Leverage

3.6 x

Waltet Online and Social Media Presence

Waltet Company Life and Culture

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