Trivia

Question 1

Who are you and who do you work for?

Answer 1

Mason Tyler and AB Chartered Accountants

Question 2

What is the predicted growth rate for UK residential carpet sales?

Answer 2

2%

Question 3

What product types does WWL have?

Answer 3

80:20 wool, wool, rugs, PP

Question 4

Does WWL manufacture all of their products themselves?

Answer 4

No - Albert make PP

Question 5

What are WWL’s KPIs?

Answer 5

Annual revenue growth of 4%
Annual Gross Profit increase of £250k minimum
Positive net cash flow

Question 6

Do WWL have a compulsory ’Carpeting Professional Training’ CPT scheme?

Answer 6

No, it’s incentive based not compulsory. But used to be compulsory

Question 7

Standard 4m or 5m width carpet rolls result in how much waste when fitting a room?

Answer 7

5-20%

Question 8

Who is the largest UK manufacturer?

Answer 8

Victoria plc (AIM listed)

Question 9

Retail market is dominated by?

Answer 9

Carpetright and Tapi Carpets - 50%

Question 10

Who is CEO?

Answer 10

Felicity Darchon

Question 11

Who is finance director?

Answer 11

Dilanee Acharya

Question 12

Who is marketing and sales director?

Answer 12

Thilo Keogh

Question 13

Who is procurement, HR and diversity director?

Answer 13

Kas Mukesh

Question 14

Who is operations director?

Answer 14

Fay Drost

Question 15

What percentage of shares does the CEO own?

Answer 15

80%

Question 16

Number of employees in 2021?

Answer 16

90

Question 17

Name of staff survey

Answer 17

Pulse

Question 18

Staff bonus requirements?

Answer 18

Min 6 months employment, min annual GP growth of £250k to earn split of 25% of the increase in GP

Question 19

When is peak period for WWL?

Answer 19

October to December

Question 20

Credit terms for retail clients?

Answer 20

40-60 days

Question 21

Credit terms for commercial clients?

Answer 21

60-90 days

Question 22

Amount of wastage for bespoke design?

Answer 22

Up to 25%

Question 23

Lifetime warranty against manufacturing defects conditions?

Answer 23

Cleaning every 2 years by a member of the national carpet cleaning organisation

Question 24

What was the projected value of orders for PP carpets in the first year?

Answer 24

140,000m^2 at £10/m^2 gives a value of £1.4million

Question 25

If WWL were to invest in a circular business model, what would the initial investment be?

Answer 25

£500k-£1000k