business west (holdings)

business west (holdings) Company Information

Share BUSINESS WEST (HOLDINGS)
Live 
MatureMid

Company Number

00008752

Industry

Activities of business and employers membership organisations

 

Directors

John Savage

Philip Smith

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Shareholders

-

Group Structure

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Contact

Registered Address

leigh court business centre, abbots leigh, bristol, BS8 3RA

business west (holdings) Estimated Valuation

£5.3m

Pomanda estimates the enterprise value of BUSINESS WEST (HOLDINGS) at £5.3m based on a Turnover of £10.6m and 0.5x industry multiple (adjusted for size and gross margin).

business west (holdings) Estimated Valuation

£0

Pomanda estimates the enterprise value of BUSINESS WEST (HOLDINGS) at £0 based on an EBITDA of £-838.9k and a 2.46x industry multiple (adjusted for size and gross margin).

business west (holdings) Estimated Valuation

£12.3m

Pomanda estimates the enterprise value of BUSINESS WEST (HOLDINGS) at £12.3m based on Net Assets of £5.1m and 2.43x industry multiple (adjusted for liquidity).

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Business West (holdings) Overview

Business West (holdings) is a live company located in bristol, BS8 3RA with a Companies House number of 00008752. It operates in the activities of business and employers membership organizations sector, SIC Code 94110. Founded in September 1874, it's largest shareholder is unknown. Business West (holdings) is a mature, mid sized company, Pomanda has estimated its turnover at £10.6m with unknown growth in recent years.

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Business West (holdings) Health Check

Pomanda's financial health check has awarded Business West (Holdings) a 2.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 5 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating2.5out of 5
positive_score

3 Strong

positive_score

2 Regular

positive_score

5 Weak

size

Size

annual sales of £10.6m, make it larger than the average company (£1.3m)

£10.6m - Business West (holdings)

£1.3m - Industry AVG

growth

Growth

There is insufficient data available for this Key Performance Indicator!

- - Business West (holdings)

- - Industry AVG

production

Production

with a gross margin of 12.6%, this company has a higher cost of product (71.6%)

12.6% - Business West (holdings)

71.6% - Industry AVG

profitability

Profitability

an operating margin of -8.5% make it less profitable than the average company (0.8%)

-8.5% - Business West (holdings)

0.8% - Industry AVG

employees

Employees

with 168 employees, this is above the industry average (17)

168 - Business West (holdings)

17 - Industry AVG

paystructure

Pay Structure

on an average salary of £46.6k, the company has an equivalent pay structure (£46.6k)

£46.6k - Business West (holdings)

£46.6k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £63k, this is less efficient (£97.7k)

£63k - Business West (holdings)

£97.7k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 31 days, this is near the average (38 days)

31 days - Business West (holdings)

38 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 3 days, this is quicker than average (45 days)

3 days - Business West (holdings)

45 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Business West (holdings)

- - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 32 weeks, this is less cash available to meet short term requirements (66 weeks)

32 weeks - Business West (holdings)

66 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 30.5%, this is a lower level of debt than the average (44.2%)

30.5% - Business West (holdings)

44.2% - Industry AVG

BUSINESS WEST (HOLDINGS) financials

EXPORTms excel logo

Business West (Holdings)'s latest turnover from March 2024 is £10.6 million and the company has net assets of £5.1 million. According to their latest financial statements, Business West (Holdings) has 168 employees and maintains cash reserves of £1.3 million as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Turnover10,577,09611,657,9190000000000000
Other Income Or Grants000000000000000
Cost Of Sales9,245,3209,537,0380000000000000
Gross Profit1,331,7762,120,8810000000000000
Admin Expenses2,232,1662,384,8290000000000000
Operating Profit-900,390-263,9480000000000000
Interest Payable13,61690,5480000000000000
Interest Receivable111,56891,8410000000000000
Pre-Tax Profit-802,438-262,6550000000-45,7087,6187,6187,6187,6180
Tax000000000000000
Profit After Tax-802,438-262,6550000000-45,7087,6187,6187,6187,6180
Dividends Paid000000000000000
Retained Profit-802,438-262,6550000000-45,7087,6187,6187,6187,6180
Employee Costs7,831,4057,589,6370000000000000
Number Of Employees1681720000111111110
EBITDA*-838,878-191,0150000000000000

* Earnings Before Interest, Tax, Depreciation and Amortisation

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Tangible Assets2,322,7592,215,1602,890,4612,890,4612,890,4612,890,461000000000
Intangible Assets000000000000000
Investments & Other510,000510,00000002,890,4612,890,4612,890,4612,890,4612,890,4612,890,4612,890,4612,890,4610
Debtors (Due After 1 year)000000000000000
Total Fixed Assets2,832,7592,725,1602,890,4612,890,4612,890,4612,890,4612,890,4612,890,4612,890,4612,890,4612,890,4612,890,4612,890,4612,890,4610
Stock & work in progress000000000000000
Trade Debtors926,629853,9870000000000000
Group Debtors000000000000000
Misc Debtors1,766,4691,464,7250000000045,70838,09030,47222,8540
Cash1,343,7932,529,9640000000000000
misc current assets416,576820,4220000000000000
total current assets4,453,4675,669,0980000000045,70838,09030,47222,8540
total assets7,286,2268,394,2582,890,4612,890,4612,890,4612,890,4612,890,4612,890,4612,890,4612,890,4612,936,1692,928,5512,920,9332,913,3150
Bank overdraft000000000000000
Bank loan104,476101,0320000000000000
Trade Creditors 100,76777,3070000000000000
Group/Directors Accounts000000000000000
other short term finances000000000000000
hp & lease commitments000000000000000
other current liabilities1,940,0012,179,5270000000000000
total current liabilities2,145,2442,357,8660000000000000
loans76,979169,9510000000000000
hp & lease commitments000000000000000
Accruals and Deferred Income000000000000000
other liabilities000000000000000
provisions000000000000000
total long term liabilities76,979169,9510000000000000
total liabilities2,222,2232,527,8170000000000000
net assets5,064,0035,866,4412,890,4612,890,4612,890,4612,890,4612,890,4612,890,4612,890,4612,890,4612,936,1692,928,5512,920,9332,913,3150
total shareholders funds5,064,0035,866,4412,890,4612,890,4612,890,4612,890,4612,890,4612,890,4612,890,4612,890,4612,936,1692,928,5512,920,9332,913,3150
Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Operating Activities
Operating Profit-900,390-263,9480000000000000
Depreciation61,51272,9330000000000000
Amortisation000000000000000
Tax000000000000000
Stock000000000000000
Debtors374,3862,318,7120000000-45,7087,6187,6187,61822,8540
Creditors23,46077,3070000000000000
Accruals and Deferred Income-239,5262,179,5270000000000000
Deferred Taxes & Provisions000000000000000
Cash flow from operations-1,429,330-252,893000000045,708-7,618-7,618-7,618-22,8540
Investing Activities
capital expenditure00000-2,890,461000000000
Change in Investments0510,000000-2,890,46100000002,890,4610
cash flow from investments0-510,00000000000000-2,890,4610
Financing Activities
Bank loans3,444101,0320000000000000
Group/Directors Accounts000000000000000
Other Short Term Loans 000000000000000
Long term loans-92,972169,9510000000000000
Hire Purchase and Lease Commitments000000000000000
other long term liabilities000000000000000
share issue03,238,635000000000002,905,6970
interest97,9521,2930000000000000
cash flow from financing8,4243,510,911000000000002,905,6970
cash and cash equivalents
cash-1,186,1712,529,9640000000000000
overdraft000000000000000
change in cash-1,186,1712,529,9640000000000000

business west (holdings) Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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Business West (holdings) Competitor Analysis

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Perform a competitor analysis for business west (holdings) by selecting its closest rivals, whether from the OTHER SERVICE ACTIVITIES sector, other mid companies, companies in BS8 area or any other competitors across 12 key performance metrics.

business west (holdings) Ownership

BUSINESS WEST (HOLDINGS) group structure

Business West (Holdings) has 1 subsidiary company.

Ultimate parent company

BUSINESS WEST (HOLDINGS)

00008752

1 subsidiary

BUSINESS WEST (HOLDINGS) Shareholders

--

business west (holdings) directors

Business West (Holdings) currently has 14 directors. The longest serving directors include Mr John Savage (May 1998) and Mr Philip Smith (May 1999).

officercountryagestartendrole
Mr John Savage80 years May 1998- Director
Mr Philip Smith62 years May 1999- Director
Mrs Joanna GreenwoodEngland54 years Jun 2005- Director
Mr Simon Prescott53 years Dec 2012- Director
Mr Richard BonnerEngland55 years Jun 2015- Director
Mr Colin SkellettEngland79 years Sep 2020- Director
Mr Colin SkellettUnited Kingdom79 years Sep 2020- Director
Mrs Sarah Pullen53 years Apr 2024- Director
Miss Briony Phillips43 years Apr 2024- Director
Mr Jeremy HoltUnited Kingdom68 years Apr 2024- Director

P&L

March 2024

turnover

10.6m

-9%

operating profit

-900.4k

+241%

gross margin

12.6%

-30.79%

turnover

Turnover, or revenue, is the amount of sales generated by a company within the financial year.

Balance Sheet

March 2024

net assets

5.1m

-0.14%

total assets

7.3m

-0.13%

cash

1.3m

-0.47%

net assets

Total assets minus all liabilities

business west (holdings) company details

company number

00008752

Type

Private Ltd By Guarantee w/o Share Cap

industry

94110 - Activities of business and employers membership organisations

incorporation date

September 1874

age

151

incorporated

UK

ultimate parent company

None

accounts

Group

last accounts submitted

March 2024

previous names

bristol chamber of commerce, industry and shipping (May 2024)

accountant

-

auditor

CLA EVELYN PARTNERS LIMITED

address

leigh court business centre, abbots leigh, bristol, BS8 3RA

Bank

HSBC BANK PLC

Legal Advisor

-

business west (holdings) 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 found 1 charges/mortgages relating to business west (holdings). Currently there are 0 open charges and 1 have been satisfied in the past.

business west (holdings) Capital Raised & Share Issues BETA

When a company issues new shares, e.g. to new investors following a funding round, it is required to notify Companies House within one month of making an allotment of shares.

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business west (holdings) Companies House Filings - See Documents

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