west & senior limited
west & senior limited Company Information
Company Number
00508673
Next Accounts
Feb 2025
Industry
Manufacture of paints, varnishes and similar coatings, mastics and sealants
Shareholders
west & senior trustees limited
stephen robert senior
Group Structure
View All
Contact
Registered Address
milltown street, radcliffe, manchester, greater manchester, M26 1WE
Website
www.westsenior.co.ukwest & senior limited Estimated Valuation
Pomanda estimates the enterprise value of WEST & SENIOR LIMITED at £12.9m based on a Turnover of £15.3m and 0.84x industry multiple (adjusted for size and gross margin).
west & senior limited Estimated Valuation
Pomanda estimates the enterprise value of WEST & SENIOR LIMITED at £6.2m based on an EBITDA of £1.1m and a 5.52x industry multiple (adjusted for size and gross margin).
west & senior limited Estimated Valuation
Pomanda estimates the enterprise value of WEST & SENIOR LIMITED at £9.3m based on Net Assets of £4.3m and 2.18x industry multiple (adjusted for liquidity).
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West & Senior Limited Overview
West & Senior Limited is a live company located in greater manchester, M26 1WE with a Companies House number of 00508673. It operates in the manufacture of paints, varnishes and similar coatings, mastics and sealants sector, SIC Code 20301. Founded in June 1952, it's largest shareholder is west & senior trustees limited with a 89.3% stake. West & Senior Limited is a mature, mid sized company, Pomanda has estimated its turnover at £15.3m with healthy growth in recent years.
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West & Senior Limited Health Check
Pomanda's financial health check has awarded West & Senior Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 2 areas for improvement. Company Health Check FAQs
4 Strong
6 Regular
2 Weak
Size
annual sales of £15.3m, make it smaller than the average company (£24.5m)
£15.3m - West & Senior Limited
£24.5m - Industry AVG
Growth
3 year (CAGR) sales growth of 5%, show it is growing at a similar rate (4.6%)
5% - West & Senior Limited
4.6% - Industry AVG
Production
with a gross margin of 31.6%, this company has a comparable cost of product (29%)
31.6% - West & Senior Limited
29% - Industry AVG
Profitability
an operating margin of 6.5% make it more profitable than the average company (4.4%)
6.5% - West & Senior Limited
4.4% - Industry AVG
Employees
with 58 employees, this is below the industry average (86)
58 - West & Senior Limited
86 - Industry AVG
Pay Structure
on an average salary of £53.3k, the company has an equivalent pay structure (£46.4k)
£53.3k - West & Senior Limited
£46.4k - Industry AVG
Efficiency
resulting in sales per employee of £263.8k, this is equally as efficient (£253.3k)
£263.8k - West & Senior Limited
£253.3k - Industry AVG
Debtor Days
it gets paid by customers after 51 days, this is near the average (55 days)
51 days - West & Senior Limited
55 days - Industry AVG
Creditor Days
its suppliers are paid after 52 days, this is slower than average (44 days)
52 days - West & Senior Limited
44 days - Industry AVG
Stock Days
it holds stock equivalent to 46 days, this is less than average (75 days)
46 days - West & Senior Limited
75 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 57 weeks, this is more cash available to meet short term requirements (4 weeks)
57 weeks - West & Senior Limited
4 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 43.1%, this is a similar level of debt than the average (46.5%)
43.1% - West & Senior Limited
46.5% - Industry AVG
WEST & SENIOR LIMITED financials
West & Senior Limited's latest turnover from May 2023 is £15.3 million and the company has net assets of £4.3 million. According to their latest financial statements, West & Senior Limited has 58 employees and maintains cash reserves of £2.5 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| May 2023 | May 2022 | May 2021 | May 2020 | May 2019 | May 2018 | May 2017 | May 2016 | May 2015 | May 2014 | May 2013 | May 2012 | May 2011 | May 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 15,299,833 | 15,012,439 | 14,576,169 | 13,107,124 | 14,957,101 | 14,366,913 | 12,735,446 | 11,487,879 | 11,343,522 | 11,504,015 | 11,031,801 | 12,290,737 | 10,387,963 | 8,467,677 |
| Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cost Of Sales | 10,467,505 | 9,696,482 | 9,574,874 | 9,288,887 | 10,425,924 | 9,833,321 | 8,317,909 | 7,519,334 | 7,564,645 | 7,628,642 | 7,468,794 | 8,474,686 | 7,376,797 | 5,689,578 |
| Gross Profit | 4,832,328 | 5,315,957 | 5,001,295 | 3,818,237 | 4,531,177 | 4,533,592 | 4,417,537 | 3,968,545 | 3,778,877 | 3,875,373 | 3,563,007 | 3,816,051 | 3,011,166 | 2,778,099 |
| Admin Expenses | 3,842,637 | 3,861,190 | 3,755,008 | 3,642,785 | 4,189,862 | 3,899,112 | 3,510,773 | 3,331,197 | 3,161,491 | 3,259,216 | 3,052,840 | 3,113,618 | 2,686,815 | 2,433,282 |
| Operating Profit | 989,691 | 1,454,767 | 1,246,287 | 175,452 | 341,315 | 634,480 | 906,764 | 637,348 | 617,386 | 616,157 | 510,167 | 702,433 | 324,351 | 344,817 |
| Interest Payable | 46,883 | 33,247 | 15,452 | 25,737 | 0 | 0 | 0 | 113 | 848 | 3,722 | 7,728 | 19,999 | 14,140 | 12,975 |
| Interest Receivable | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 155 |
| Pre-Tax Profit | 942,808 | 1,421,520 | 1,230,835 | 149,715 | 341,315 | 634,480 | 906,764 | 637,235 | 616,538 | 612,435 | 502,439 | 682,434 | 310,211 | 331,997 |
| Tax | -129,079 | -226,521 | -246,364 | -48,852 | -49,580 | -94,947 | -130,584 | -76,341 | -85,086 | -85,975 | -44,165 | -154,450 | 30,805 | -62,689 |
| Profit After Tax | 813,729 | 1,194,999 | 984,471 | 100,863 | 291,735 | 539,533 | 776,180 | 560,894 | 531,452 | 526,460 | 458,274 | 527,984 | 341,016 | 269,308 |
| Dividends Paid | 0 | 0 | 0 | 0 | 100,000 | 200,000 | 160,000 | 280,000 | 142,500 | 150,000 | 175,500 | 157,500 | 117,630 | 120,876 |
| Retained Profit | 813,729 | 1,194,999 | 984,471 | 100,863 | 191,735 | 339,533 | 616,180 | 280,894 | 388,952 | 376,460 | 282,774 | 370,484 | 223,386 | 148,432 |
| Employee Costs | 3,091,317 | 3,065,903 | 3,085,324 | 3,183,470 | 3,298,297 | 3,173,477 | 3,016,083 | 2,738,199 | 2,574,257 | 2,496,842 | 2,216,954 | 2,217,267 | 1,962,982 | 1,709,245 |
| Number Of Employees | 58 | 58 | 59 | 63 | 60 | 59 | 58 | 57 | 56 | 55 | 54 | 53 | 53 | 53 |
| EBITDA* | 1,123,224 | 1,592,436 | 1,409,800 | 351,437 | 560,728 | 823,421 | 1,078,817 | 786,455 | 788,893 | 792,662 | 654,891 | 832,674 | 427,654 | 461,487 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| May 2023 | May 2022 | May 2021 | May 2020 | May 2019 | May 2018 | May 2017 | May 2016 | May 2015 | May 2014 | May 2013 | May 2012 | May 2011 | May 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 1,417,885 | 1,468,636 | 1,348,171 | 1,472,000 | 1,681,663 | 1,634,568 | 1,640,038 | 1,488,162 | 1,550,279 | 1,643,263 | 1,605,181 | 1,602,399 | 1,499,018 | 1,577,374 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 21,575 | 21,194 | 20,813 | 20,432 | 20,051 | 19,670 | 19,289 | 18,909 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 1,417,885 | 1,468,636 | 1,348,171 | 1,472,000 | 1,681,663 | 1,634,568 | 1,661,613 | 1,509,356 | 1,571,092 | 1,663,695 | 1,625,232 | 1,622,069 | 1,518,307 | 1,596,283 |
| Stock & work in progress | 1,340,625 | 2,003,011 | 1,585,317 | 1,521,777 | 2,088,110 | 1,561,496 | 1,549,766 | 1,305,875 | 1,241,719 | 1,194,717 | 1,102,241 | 1,363,793 | 1,134,501 | 1,097,971 |
| Trade Debtors | 2,171,895 | 2,528,424 | 2,444,225 | 1,176,282 | 1,934,697 | 2,227,658 | 2,101,868 | 1,712,814 | 1,761,821 | 1,713,248 | 1,744,766 | 1,828,379 | 2,014,546 | 1,557,725 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 150,976 | 181,665 | 163,023 | 178,397 | 158,061 | 167,227 | 157,758 | 140,342 | 127,275 | 239,160 | 207,535 | 198,640 | 208,115 | 190,705 |
| Cash | 2,465,084 | 2,286,225 | 2,004,601 | 1,559,627 | 1,074,673 | 1,268,381 | 810,975 | 781,942 | 341,064 | 69,099 | 110,709 | 57,693 | 47,978 | 4,282 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 6,128,580 | 6,999,325 | 6,197,166 | 4,436,083 | 5,255,541 | 5,224,762 | 4,620,367 | 3,940,973 | 3,471,879 | 3,216,224 | 3,165,251 | 3,448,505 | 3,405,140 | 2,850,683 |
| total assets | 7,546,465 | 8,467,961 | 7,545,337 | 5,908,083 | 6,937,204 | 6,859,330 | 6,281,980 | 5,450,329 | 5,042,971 | 4,879,919 | 4,790,483 | 5,070,574 | 4,923,447 | 4,446,966 |
| Bank overdraft | 0 | 0 | 0 | 0 | 9,537 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 649,362 | 164,900 |
| Bank loan | 292,938 | 282,182 | 250,024 | 243,921 | 159,448 | 0 | 0 | 0 | 0 | 63,284 | 52,521 | 52,521 | 52,521 | 52,521 |
| Trade Creditors | 1,507,068 | 2,234,698 | 2,096,522 | 939,994 | 1,316,710 | 1,351,251 | 1,117,770 | 1,000,533 | 851,257 | 1,016,782 | 991,366 | 1,283,285 | 1,414,370 | 1,464,288 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1,621 | 6,441 | 0 | 0 | 0 | 0 |
| other current liabilities | 444,242 | 522,091 | 628,189 | 207,325 | 303,479 | 402,685 | 419,791 | 333,687 | 343,003 | 325,597 | 613,215 | 820,777 | 233,157 | 284,702 |
| total current liabilities | 2,244,248 | 3,038,971 | 2,974,735 | 1,391,240 | 1,789,174 | 1,753,936 | 1,537,561 | 1,334,220 | 1,195,881 | 1,412,104 | 1,657,102 | 2,156,583 | 2,349,410 | 1,966,411 |
| loans | 809,720 | 1,102,658 | 474,662 | 725,122 | 1,090,552 | 0 | 0 | 0 | 0 | 0 | 44,046 | 97,007 | 149,967 | 205,009 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 199,915 | 213,980 | 168,588 | 132,738 | 124,358 | 103,189 | 81,747 | 69,617 | 81,492 | 91,167 | 89,147 | 99,570 | 77,140 | 152,002 |
| total long term liabilities | 1,009,635 | 1,316,638 | 643,250 | 857,860 | 1,214,910 | 103,189 | 81,747 | 69,617 | 81,492 | 91,167 | 133,193 | 196,577 | 227,107 | 357,011 |
| total liabilities | 3,253,883 | 4,355,609 | 3,617,985 | 2,249,100 | 3,004,084 | 1,857,125 | 1,619,308 | 1,403,837 | 1,277,373 | 1,503,271 | 1,790,295 | 2,353,160 | 2,576,517 | 2,323,422 |
| net assets | 4,292,582 | 4,112,352 | 3,927,352 | 3,658,983 | 3,933,120 | 5,002,205 | 4,662,672 | 4,046,492 | 3,765,598 | 3,376,648 | 3,000,188 | 2,717,414 | 2,346,930 | 2,123,544 |
| total shareholders funds | 4,292,582 | 4,112,352 | 3,927,352 | 3,658,983 | 3,933,120 | 5,002,205 | 4,662,672 | 4,046,492 | 3,765,598 | 3,376,648 | 3,000,188 | 2,717,414 | 2,346,930 | 2,123,544 |
| May 2023 | May 2022 | May 2021 | May 2020 | May 2019 | May 2018 | May 2017 | May 2016 | May 2015 | May 2014 | May 2013 | May 2012 | May 2011 | May 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||||
| Operating Profit | 989,691 | 1,454,767 | 1,246,287 | 175,452 | 341,315 | 634,480 | 906,764 | 637,348 | 617,386 | 616,157 | 510,167 | 702,433 | 324,351 | 344,817 |
| Depreciation | 133,533 | 137,669 | 163,513 | 175,985 | 219,413 | 188,941 | 172,053 | 149,107 | 171,507 | 176,505 | 144,724 | 130,241 | 103,303 | 116,670 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | -129,079 | -226,521 | -246,364 | -48,852 | -49,580 | -94,947 | -130,584 | -76,341 | -85,086 | -85,975 | -44,165 | -154,450 | 30,805 | -62,689 |
| Stock | -662,386 | 417,694 | 63,540 | -566,333 | 526,614 | 11,730 | 243,891 | 64,156 | 47,002 | 92,476 | -261,552 | 229,292 | 36,530 | 1,097,971 |
| Debtors | -387,218 | 102,841 | 1,252,569 | -738,079 | -302,127 | 135,259 | 406,470 | -35,940 | -63,312 | 107 | -74,718 | -195,642 | 474,231 | 1,748,430 |
| Creditors | -727,630 | 138,176 | 1,156,528 | -376,716 | -34,541 | 233,481 | 117,237 | 149,276 | -165,525 | 25,416 | -291,919 | -131,085 | -49,918 | 1,464,288 |
| Accruals and Deferred Income | -77,849 | -106,098 | 420,864 | -96,154 | -99,206 | -17,106 | 86,104 | -9,316 | 17,406 | -287,618 | -207,562 | 587,620 | -51,545 | 284,702 |
| Deferred Taxes & Provisions | -14,065 | 45,392 | 35,850 | 8,380 | 21,169 | 21,442 | 12,130 | -11,875 | -9,675 | 2,020 | -10,423 | 22,430 | -74,862 | 152,002 |
| Cash flow from operations | 1,224,205 | 922,850 | 1,460,569 | 1,142,507 | 174,083 | 819,302 | 513,343 | 809,983 | 562,323 | 353,922 | 437,092 | 1,123,539 | -228,627 | -546,611 |
| Investing Activities | ||||||||||||||
| capital expenditure | 0 | 0 | 0 | 0 | -266,507 | -206,939 | -313,427 | -98,416 | -84,829 | -206,300 | -150,170 | -260,247 | -40,567 | -28,592 |
| Change in Investments | 0 | 0 | 0 | 0 | 0 | -21,575 | 381 | 381 | 381 | 381 | 381 | 381 | 380 | 18,909 |
| cash flow from investments | 0 | 0 | 0 | 0 | -266,507 | -185,364 | -313,808 | -98,797 | -85,210 | -206,681 | -150,551 | -260,628 | -40,947 | -47,501 |
| Financing Activities | ||||||||||||||
| Bank loans | 10,756 | 32,158 | 6,103 | 84,473 | 159,448 | 0 | 0 | 0 | -63,284 | 10,763 | 0 | 0 | 0 | 52,521 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | -292,938 | 627,996 | -250,460 | -365,430 | 1,090,552 | 0 | 0 | 0 | 0 | -44,046 | -52,961 | -52,960 | -55,042 | 205,009 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -1,621 | -4,820 | 6,441 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||||||||||
| interest | -46,883 | -33,247 | -15,452 | -25,737 | 0 | 0 | 0 | -113 | -848 | -3,722 | -7,728 | -19,999 | -14,140 | -12,820 |
| cash flow from financing | -962,564 | -383,092 | -975,911 | -681,694 | -10,820 | 0 | 0 | -1,734 | -68,954 | -30,564 | -60,689 | -72,959 | -69,182 | 2,219,822 |
| cash and cash equivalents | ||||||||||||||
| cash | 178,859 | 281,624 | 444,974 | 484,954 | -193,708 | 457,406 | 29,033 | 440,878 | 271,965 | -41,610 | 53,016 | 9,715 | 43,696 | 4,282 |
| overdraft | 0 | 0 | 0 | -9,537 | 9,537 | 0 | 0 | 0 | 0 | 0 | 0 | -649,362 | 484,462 | 164,900 |
| change in cash | 178,859 | 281,624 | 444,974 | 494,491 | -203,245 | 457,406 | 29,033 | 440,878 | 271,965 | -41,610 | 53,016 | 659,077 | -440,766 | -160,618 |
west & senior limited Credit Report and Business Information
West & Senior Limited Competitor Analysis
Perform a competitor analysis for west & senior limited by selecting its closest rivals, whether from the MANUFACTURING sector, other mid companies, companies in M26 area or any other competitors across 12 key performance metrics.
west & senior limited Ownership
WEST & SENIOR LIMITED group structure
West & Senior Limited has no subsidiary companies.
Ultimate parent company
WEST & SENIOR LIMITED
00508673
west & senior limited directors
West & Senior Limited currently has 6 directors. The longest serving directors include Mr Stephen Senior (Oct 1991) and Mr Brian Daniels (May 1997).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Stephen Senior | United Kingdom | 72 years | Oct 1991 | - | Director |
| Mr Brian Daniels | United Kingdom | 64 years | May 1997 | - | Director |
| Mr David Brown | 71 years | Dec 2002 | - | Director | |
| Mr Adrian Cooper | 53 years | Jun 2017 | - | Director | |
| Mr Marc Newton | 56 years | Apr 2019 | - | Director | |
| Mr Stephen Quinn | 54 years | Apr 2019 | - | Director |
P&L
May 2023turnover
15.3m
+2%
operating profit
989.7k
-32%
gross margin
31.6%
-10.81%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
May 2023net assets
4.3m
+0.04%
total assets
7.5m
-0.11%
cash
2.5m
+0.08%
net assets
Total assets minus all liabilities
west & senior limited company details
company number
00508673
Type
Private limited with Share Capital
industry
20301 - Manufacture of paints, varnishes and similar coatings, mastics and sealants
incorporation date
June 1952
age
72
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
May 2023
previous names
N/A
accountant
-
auditor
MHA MOORE AND SMALLEY
address
milltown street, radcliffe, manchester, greater manchester, M26 1WE
Bank
BARCLAYS BANK PLC
Legal Advisor
-
west & senior 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 8 charges/mortgages relating to west & senior limited. Currently there are 3 open charges and 5 have been satisfied in the past.
west & senior limited 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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west & senior limited Companies House Filings - See Documents
| date | description | view/download |
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