western united investment company limited

3.5

western united investment company limited Company Information

Share WESTERN UNITED INVESTMENT COMPANY LIMITED
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Company Number

00151289

Registered Address

3rd floor 7 howick place, london, SW1P 1BB

Industry

Activities of head offices

 

Other business support service activities n.e.c.

 

Telephone

-

Next Accounts Due

September 2024

Group Structure

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Directors

Robin Vestey19 Years

George Vestey19 Years

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Shareholders

trustees of the joint vestey settlement dated 25 march 1942 100%

lord william guy vestey 0%

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western united investment company limited Estimated Valuation

£132.7m - £1.7b

The estimated valuation range for western united investment company limited, derived from financial data as of December 2022 and the most recent industry multiples, is between £132.7m to £1.7b

western united investment company limited Estimated Valuation

£132.7m - £1.7b

The estimated valuation range for western united investment company limited, derived from financial data as of December 2022 and the most recent industry multiples, is between £132.7m to £1.7b

western united investment company limited Estimated Valuation

£132.7m - £1.7b

The estimated valuation range for western united investment company limited, derived from financial data as of December 2022 and the most recent industry multiples, is between £132.7m to £1.7b

Get a detailed valuation report, edit figures and unlock valuation multiples.

Western United Investment Company Limited AI Business Plan

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Western United Investment Company Limited Overview

Western United Investment Company Limited is a live company located in london, SW1P 1BB with a Companies House number of 00151289. It operates in the activities of head offices sector, SIC Code 70100. Founded in August 1918, it's largest shareholder is trustees of the joint vestey settlement dated 25 march 1942 with a 100% stake. Western United Investment Company Limited is a mature, mega sized company, Pomanda has estimated its turnover at £696.1m with healthy growth in recent years.

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Western United Investment Company Limited Health Check

Pomanda's financial health check has awarded Western United Investment Company Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 5 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating3.5out of 5
positive_score

4 Strong

positive_score

3 Regular

positive_score

5 Weak

size

Size

annual sales of £696.1m, make it larger than the average company (£12m)

£696.1m - Western United Investment Company Limited

£12m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 9%, show it is growing at a faster rate (3%)

9% - Western United Investment Company Limited

3% - Industry AVG

production

Production

with a gross margin of 12.3%, this company has a higher cost of product (36.1%)

12.3% - Western United Investment Company Limited

36.1% - Industry AVG

profitability

Profitability

an operating margin of 2.2% make it less profitable than the average company (6.1%)

2.2% - Western United Investment Company Limited

6.1% - Industry AVG

employees

Employees

with 1043 employees, this is above the industry average (72)

1043 - Western United Investment Company Limited

72 - Industry AVG

paystructure

Pay Structure

on an average salary of £45.1k, the company has an equivalent pay structure (£48.2k)

£45.1k - Western United Investment Company Limited

£48.2k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £667.4k, this is more efficient (£173k)

£667.4k - Western United Investment Company Limited

£173k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 41 days, this is near the average (45 days)

41 days - Western United Investment Company Limited

45 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 30 days, this is quicker than average (39 days)

30 days - Western United Investment Company Limited

39 days - Industry AVG

stockdays

Stock Days

it holds stock equivalent to 48 days, this is in line with average (41 days)

48 days - Western United Investment Company Limited

41 days - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 9 weeks, this is less cash available to meet short term requirements (20 weeks)

9 weeks - Western United Investment Company Limited

20 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 69.3%, this is a higher level of debt than the average (60.5%)

69.3% - Western United Investment Company Limited

60.5% - Industry AVG

western united investment company limited 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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Western United Investment Company Limited Competitor Analysis

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western united investment company limited Ownership

WESTERN UNITED INVESTMENT COMPANY LIMITED group structure

Western United Investment Company Limited has 2 subsidiary companies.

Ultimate parent company

WESTERN UNITED INVESTMENT COMPANY LIMITED

00151289

2 subsidiaries

WESTERN UNITED INVESTMENT COMPANY LIMITED Shareholders

trustees of the joint vestey settlement dated 25 march 1942 100%
lord william guy vestey 0%
robin john henry vestey 0%
mr george moubray william vestey 0%

western united investment company limited directors

Western United Investment Company Limited currently has 3 directors. The longest serving directors include Mr Robin Vestey (Jul 2004) and Mr George Vestey (Jul 2004).

officercountryagestartendrole
Mr Robin VesteyUnited Kingdom56 years Jul 2004- Director
Mr George VesteyUnited Kingdom59 years Jul 2004- Director
Lord William VesteyUnited Kingdom40 years Jan 2015- Director

WESTERN UNITED INVESTMENT COMPANY LIMITED financials

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Western United Investment Company Limited's latest turnover from December 2022 is £696.1 million and the company has net assets of £78.8 million. According to their latest financial statements, Western United Investment Company Limited has 1,043 employees and maintains cash reserves of £24.7 million as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Turnover696,100,000495,800,000460,500,000536,100,000535,300,000509,500,000429,100,000377,300,000393,300,000432,500,000535,700,000557,200,000593,900,000541,200,000
Other Income Or Grants00000000000000
Cost Of Sales610,500,000425,400,000399,100,000469,200,000475,100,000444,800,000373,200,000327,000,000341,900,000387,800,000477,300,000513,200,000527,400,000481,400,000
Gross Profit85,600,00070,400,00061,400,00066,900,00060,200,00064,700,00055,900,00050,300,00051,400,00044,700,00058,400,00044,000,00066,500,00059,800,000
Admin Expenses70,300,00062,800,00059,300,00065,700,00067,000,00058,700,00057,200,00048,500,00051,300,00057,600,00057,100,00044,900,00062,300,00055,200,000
Operating Profit15,300,0007,600,0002,100,0001,200,000-6,800,0006,000,000-1,300,0001,800,000100,000-12,900,0001,300,000-900,0004,200,0004,600,000
Interest Payable2,400,0001,800,0001,300,0002,400,0001,700,0001,000,0001,300,0001,100,0001,000,0001,700,0001,900,0001,800,0001,300,0001,000,000
Interest Receivable600,0000300,000200,000700,000400,000500,000700,0001,400,0001,100,0001,000,0001,600,0001,000,000700,000
Pre-Tax Profit14,000,0005,700,0001,400,000-1,200,000-8,700,0005,400,000-1,800,0001,400,000-300,000-13,500,000-100,0005,900,0004,500,0002,200,000
Tax-3,900,000-2,100,000-500,000-600,000-400,000-500,000100,000-1,100,000300,000-400,000-1,000,000-1,600,000-3,600,000-3,300,000
Profit After Tax10,100,0003,600,000900,000-1,800,000-9,100,0004,900,000-1,700,000300,0000-13,900,000-1,100,0004,300,000900,000-1,100,000
Dividends Paid1,500,00000300,0001,700,000000000000
Retained Profit5,700,0001,700,000300,000-3,000,000-12,000,0003,200,000-2,600,000300,0000-13,900,000-1,100,0003,700,000-900,000-2,100,000
Employee Costs47,000,00042,000,00040,500,00039,700,00038,700,00037,200,00030,000,00025,300,00025,600,00024,700,00028,300,00026,700,00035,100,00030,700,000
Number Of Employees1,0431,0471,0419359889447697067087358328451,1611,087
EBITDA*21,600,00013,000,0006,700,0004,700,0002,300,0008,000,000300,0003,900,0002,500,000-8,900,0004,900,0003,800,0009,800,0008,900,000

* Earnings Before Interest, Tax, Depreciation and Amortisation

Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Tangible Assets50,000,00031,600,00030,800,00027,200,00022,800,00026,700,00014,100,00019,300,00020,400,00015,100,00014,900,0009,600,00023,600,00021,700,000
Intangible Assets8,900,0008,900,0008,600,0008,600,00010,400,00017,400,00018,400,00017,600,00012,100,00012,700,00016,500,00011,700,00016,100,00015,000,000
Investments & Other400,000500,000600,000300,000600,000600,000100,000100,000200,00031,800,00041,500,00039,400,00038,700,00035,800,000
Debtors (Due After 1 year)800,0001,000,0001,100,000900,000900,000700,000400,00000000700,0000
Total Fixed Assets58,800,00040,400,00039,300,00035,800,00033,200,00044,100,00032,500,00036,900,00032,500,00059,600,00072,900,00060,700,00079,100,00072,500,000
Stock & work in progress80,500,00054,000,00056,000,00055,100,00054,200,00051,800,00042,900,00037,000,00045,900,00042,600,00045,600,00065,000,00070,300,00060,300,000
Trade Debtors78,700,00053,000,00048,800,00058,900,00061,200,00061,200,00050,000,00041,000,00037,000,00051,600,00052,600,00065,500,00075,500,00069,200,000
Group Debtors1,500,0001,500,0001,500,0001,500,0001,600,000000000000
Misc Debtors16,800,00013,400,0008,100,0007,000,0007,200,0005,600,00010,700,0007,600,0006,000,0003,500,0009,900,0008,800,00013,300,0005,000,000
Cash24,700,00017,100,00019,800,00024,600,00023,600,00023,200,00035,400,00037,000,00049,300,00049,300,00053,100,00059,100,00029,900,00035,700,000
misc current assets7,700,0007,500,0006,400,0004,600,0004,100,0002,800,0002,200,0000800,00000000
total current assets209,900,000146,500,000140,600,000151,700,000151,900,000144,600,000141,200,000122,600,000139,000,000147,000,000161,200,000198,400,000189,000,000170,200,000
total assets268,700,000186,900,000179,900,000187,500,000185,100,000188,700,000173,700,000159,500,000171,500,000206,600,000234,100,000259,100,000268,100,000242,700,000
Bank overdraft39,500,00018,100,00028,700,0002,400,0002,700,000800,000600,0000032,500,00040,100,00045,100,00031,000,00022,400,000
Bank loan00034,300,00032,800,00016,900,00025,300,00000600,0002,800,0003,000,0003,200,0002,000,000
Trade Creditors 50,900,00033,100,00027,200,00033,900,00032,000,00038,000,00027,700,00021,300,00022,300,00028,300,00023,100,00035,200,00041,900,00042,600,000
Group/Directors Accounts00000000000000
other short term finances0001,300,000600,000600,000022,100,00037,000,00000000
hp & lease commitments3,900,0001,800,0001,300,0001,400,0000300,000200,00000200,000100,000100,000400,000400,000
other current liabilities47,000,00036,300,00030,800,00030,500,00029,400,00030,600,00026,400,00023,500,00018,000,00024,700,00024,900,00025,400,00032,400,00025,400,000
total current liabilities141,300,00089,300,00088,000,000103,800,00097,500,00087,200,00080,200,00066,900,00077,300,00086,300,00091,000,000108,800,000108,900,00092,800,000
loans68,000,00027,200,00081,200,00065,800,00066,000,00071,000,0007,000,0004,400,0005,400,00060,700,00059,100,00062,600,00066,100,00059,100,000
hp & lease commitments21,800,0004,800,0005,100,0004,700,0000900,000600,00000100,000300,000200,000300,000500,000
Accruals and Deferred Income0000100,000600,000500,000700,000000003,000,000
other liabilities3,500,0001,300,00009,100,0008,400,0008,600,0008,400,0007,300,0008,500,0000200,0002,400,0002,400,0001,000,000
provisions14,600,00022,000,00023,600,0003,000,0003,400,0005,000,0005,800,0009,600,00010,600,0001,500,0002,600,0003,400,0002,000,0002,500,000
total long term liabilities44,800,00025,900,00080,500,00071,600,00071,300,00075,300,00015,300,00015,000,00016,500,00070,100,00069,300,00074,800,00074,800,00069,900,000
total liabilities186,100,000115,200,000168,500,000175,400,000168,800,000162,500,00095,500,00081,900,00093,800,000156,400,000160,300,000183,600,000183,700,000162,700,000
net assets78,800,00069,100,0009,700,00010,300,00014,900,00024,400,00077,300,00076,500,00077,700,00049,200,00073,000,00072,800,00080,400,00077,100,000
total shareholders funds78,800,00069,100,0009,700,00010,300,00014,900,00024,400,00077,300,00076,500,00077,700,00049,200,00073,000,00072,800,00080,400,00077,100,000
Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Operating Activities
Operating Profit15,300,0007,600,0002,100,0001,200,000-6,800,0006,000,000-1,300,0001,800,000100,000-12,900,0001,300,000-900,0004,200,0004,600,000
Depreciation2,600,0002,500,0004,600,0001,700,0002,100,0002,000,0001,600,0002,100,0002,400,0002,400,0002,400,0002,100,0002,700,0002,300,000
Amortisation3,700,0002,900,00001,800,0007,000,00000001,600,0001,200,0002,600,0002,900,0002,000,000
Tax-3,900,000-2,100,000-500,000-600,000-400,000-500,000100,000-1,100,000300,000-400,000-1,000,000-1,600,000-3,600,000-3,300,000
Stock26,500,000-2,000,000900,000900,0002,400,0008,900,0005,900,000-8,900,0003,300,000-3,000,000-19,400,000-5,300,00010,000,00060,300,000
Debtors28,900,0009,400,000-8,800,000-2,600,0003,400,0006,400,00012,500,0005,600,000-12,100,000-7,400,000-11,800,000-15,200,00015,300,00074,200,000
Creditors17,800,0005,900,000-6,700,0001,900,000-6,000,00010,300,0006,400,000-1,000,000-6,000,0005,200,000-12,100,000-6,700,000-700,00042,600,000
Accruals and Deferred Income10,700,0005,500,000300,0001,000,000-1,700,0004,300,0002,700,0006,200,000-6,700,000-200,000-500,000-7,000,0004,000,00028,400,000
Deferred Taxes & Provisions-7,400,000-1,600,00020,600,000-400,000-1,600,000-800,000-3,800,000-1,000,0009,100,000-1,100,000-800,0001,400,000-500,0002,500,000
Cash flow from operations-16,600,00013,300,00028,300,0008,300,000-13,200,0006,000,000-12,700,00010,300,0008,000,0005,000,00021,700,00010,400,000-16,300,000-55,400,000
Investing Activities
capital expenditure-24,700,000-6,500,000-8,200,000-6,100,0001,800,000-13,600,0002,800,000-6,500,000-7,100,000-2,500,000-3,800,000-1,800,000-4,200,000-2,300,000
Change in Investments-100,000-100,000300,000-300,0000500,0000-100,000-31,600,000-9,700,0002,100,000700,0002,900,00035,800,000
cash flow from investments-24,600,000-6,400,000-8,500,000-5,800,0001,800,000-14,100,0002,800,000-6,400,00024,500,0007,200,000-5,900,000-2,500,000-7,100,000-38,100,000
Financing Activities
Bank loans00-34,300,0001,500,00015,900,000-8,400,00025,300,0000-600,000-2,200,000-200,000-200,0001,200,0002,000,000
Group/Directors Accounts00000000000000
Other Short Term Loans 00-1,300,000700,0000600,000-22,100,000-14,900,00037,000,00000000
Long term loans40,800,000-54,000,00015,400,000-200,000-5,000,00064,000,0002,600,000-1,000,000-55,300,0001,600,000-3,500,000-3,500,0007,000,00059,100,000
Hire Purchase and Lease Commitments19,100,000200,000300,0006,100,000-1,200,000400,000800,0000-300,000-100,000100,000-400,000-200,000900,000
other long term liabilities2,200,0001,300,000-9,100,000700,000-200,000200,0001,100,000-1,200,0008,500,000-200,000-2,200,00001,400,0001,000,000
share issue4,000,00057,700,000-900,000-1,600,0002,500,000-56,100,0003,400,000-1,500,00028,500,000-9,900,0001,300,000-11,300,0004,200,00079,200,000
interest-1,800,000-1,800,000-1,000,000-2,200,000-1,000,000-600,000-800,000-400,000400,000-600,000-900,000-200,000-300,000-300,000
cash flow from financing64,300,0003,400,000-30,900,0005,000,00011,000,000100,00010,300,000-19,000,00018,200,000-11,400,000-5,400,000-15,600,00013,300,000141,900,000
cash and cash equivalents
cash7,600,000-2,700,000-4,800,0001,000,000400,000-12,200,000-1,600,000-12,300,0000-3,800,000-6,000,00029,200,000-5,800,00035,700,000
overdraft21,400,000-10,600,00026,300,000-300,0001,900,000200,000600,0000-32,500,000-7,600,000-5,000,00014,100,0008,600,00022,400,000
change in cash-13,800,0007,900,000-31,100,0001,300,000-1,500,000-12,400,000-2,200,000-12,300,00032,500,0003,800,000-1,000,00015,100,000-14,400,00013,300,000

P&L

December 2022

turnover

696.1m

+40%

operating profit

15.3m

+101%

gross margin

12.3%

-13.4%

turnover

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

Balance Sheet

December 2022

net assets

78.8m

+0.14%

total assets

268.7m

+0.44%

cash

24.7m

+0.44%

net assets

Total assets minus all liabilities

western united investment company limited company details

company number

00151289

Type

Private limited with Share Capital

industry

70100 - Activities of head offices

82990 - Other business support service activities n.e.c.

incorporation date

August 1918

age

106

accounts

Group

ultimate parent company

None

previous names

N/A

incorporated

UK

address

3rd floor 7 howick place, london, SW1P 1BB

last accounts submitted

December 2022

western united investment company limited 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 western united investment company limited. Currently there are 0 open charges and 1 have been satisfied in the past.

charges

western united investment company limited Companies House Filings - See Documents

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