western design limited

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western design limited Company Information

Share WESTERN DESIGN LIMITED

Company Number

02059822

Directors

Philip Easton

Matthew Witt

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Shareholders

mr philip gordon easton

mr matthew james witt

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Group Structure

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Industry

Architectural activities

 

Registered Address

21 market place, blandford forum, dorset, DT11 7AF

western design limited Estimated Valuation

£579.5k

Pomanda estimates the enterprise value of WESTERN DESIGN LIMITED at £579.5k based on a Turnover of £1m and 0.57x industry multiple (adjusted for size and gross margin).

western design limited Estimated Valuation

£0

Pomanda estimates the enterprise value of WESTERN DESIGN LIMITED at £0 based on an EBITDA of £-115.8k and a 5.59x industry multiple (adjusted for size and gross margin).

western design limited Estimated Valuation

£1.4m

Pomanda estimates the enterprise value of WESTERN DESIGN LIMITED at £1.4m based on Net Assets of £364.2k and 3.74x industry multiple (adjusted for liquidity).

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Western Design Limited Overview

Western Design Limited is a live company located in dorset, DT11 7AF with a Companies House number of 02059822. It operates in the architectural activities sector, SIC Code 71111. Founded in September 1986, it's largest shareholder is mr philip gordon easton with a 25% stake. Western Design Limited is a mature, small sized company, Pomanda has estimated its turnover at £1m with declining growth in recent years.

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Western Design Limited Health Check

Pomanda's financial health check has awarded Western Design Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 4 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating3.5out of 5
positive_score

3 Strong

positive_score

4 Regular

positive_score

4 Weak

size

Size

annual sales of £1m, make it in line with the average company (£912.5k)

£1m - Western Design Limited

£912.5k - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 0%, show it is growing at a slower rate (7.5%)

0% - Western Design Limited

7.5% - Industry AVG

production

Production

with a gross margin of 46.1%, this company has a comparable cost of product (46.1%)

46.1% - Western Design Limited

46.1% - Industry AVG

profitability

Profitability

an operating margin of -12.2% make it less profitable than the average company (7.4%)

-12.2% - Western Design Limited

7.4% - Industry AVG

employees

Employees

with 17 employees, this is above the industry average (12)

17 - Western Design Limited

12 - Industry AVG

paystructure

Pay Structure

on an average salary of £50.8k, the company has an equivalent pay structure (£50.8k)

£50.8k - Western Design Limited

£50.8k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £59.4k, this is less efficient (£89.6k)

£59.4k - Western Design Limited

£89.6k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 80 days, this is near the average (84 days)

80 days - Western Design Limited

84 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 22 days, this is quicker than average (32 days)

22 days - Western Design Limited

32 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Western Design Limited

- - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 69 weeks, this is more cash available to meet short term requirements (26 weeks)

69 weeks - Western Design Limited

26 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 29.1%, this is a lower level of debt than the average (52%)

29.1% - Western Design Limited

52% - Industry AVG

WESTERN DESIGN LIMITED financials

EXPORTms excel logo

Western Design Limited's latest turnover from May 2024 is estimated at £1 million and the company has net assets of £364.2 thousand. According to their latest financial statements, Western Design Limited has 17 employees and maintains cash reserves of £185.2 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

May 2024May 2023May 2022May 2021May 2020May 2019May 2018May 2017May 2016May 2015May 2014May 2013May 2012May 2011May 2010
Turnover1,009,675906,609830,7801,019,9601,280,163621,412737,068684,649831,0681,666,6651,461,5621,364,1911,085,0682,040,1511,443,613
Other Income Or Grants000000000000000
Cost Of Sales544,275468,917429,338581,297669,844308,337361,505327,314366,754703,998636,076531,238443,937756,882491,168
Gross Profit465,399437,693401,442438,662610,319313,075375,562357,334464,314962,667825,486832,953641,1311,283,270952,445
Admin Expenses588,689415,372493,489460,384748,685205,198249,455443,716514,882841,277826,865739,059715,2691,189,838304,760
Operating Profit-123,29022,321-92,047-21,722-138,366107,877126,107-86,382-50,568121,390-1,37993,894-74,13893,432647,685
Interest Payable01,6171,078000000000000
Interest Receivable14,00015,3203,1022673573,2221,7478552,0241,7731,6341,6721,2981,144576
Pre-Tax Profit-109,29036,024-90,022-21,455-138,009111,099127,854-85,527-48,544123,16425695,566-72,84094,576648,261
Tax0-9,006000-21,109-24,29200-24,633-54-21,9800-24,590-181,513
Profit After Tax-109,29027,018-90,022-21,455-138,00989,990103,562-85,527-48,54498,53120273,586-72,84069,986466,748
Dividends Paid000000000000000
Retained Profit-109,29027,018-90,022-21,455-138,00989,990103,562-85,527-48,54498,53120273,586-72,84069,986466,748
Employee Costs863,880885,932764,006824,777911,246831,788747,903781,296773,997836,060713,530743,499597,9461,084,087862,169
Number Of Employees171817182019171717191617142621
EBITDA*-115,78230,273-85,736-13,625-123,547125,784144,196-73,439-37,638127,1994,195100,272-66,912100,123652,705

* Earnings Before Interest, Tax, Depreciation and Amortisation

May 2024May 2023May 2022May 2021May 2020May 2019May 2018May 2017May 2016May 2015May 2014May 2013May 2012May 2011May 2010
Tangible Assets42,36544,01535,56045,62547,03848,21749,08438,00638,39032,41230,91035,06139,75037,55227,965
Intangible Assets14,34017,2070006,45615,77212,17718,265000000
Investments & Other000000000000000
Debtors (Due After 1 year)000000000000000
Total Fixed Assets56,70561,22235,56045,62547,03854,67364,85650,18356,65532,41230,91035,06139,75037,55227,965
Stock & work in progress00000141,679112,414112,05899,175000000
Trade Debtors223,585178,985168,067247,962332,58362,811143,29598,597135,521377,633339,389289,018239,370445,161309,214
Group Debtors000000000000000
Misc Debtors48,28952,72165,97480,32878,30799,17151,18753,18059,033001,0961,02900
Cash185,188348,146332,736287,734246,440467,168392,054306,835377,184432,351276,981376,780291,984227,154230,348
misc current assets000000000000000
total current assets457,062579,852566,777616,024657,330770,829698,950570,670670,913809,984616,370666,894532,383672,315539,562
total assets513,767641,074602,337661,649704,368825,502763,806620,853727,568842,396647,280701,955572,133709,867567,527
Bank overdraft000000000000000
Bank loan000000000000000
Trade Creditors 33,55910,32916,76913,43212,30916,03413,09621,69120,000200,046103,864158,032101,019166,63296,277
Group/Directors Accounts6561,4501,4701,4441,544285295214675000000
other short term finances0030,791000000000000
hp & lease commitments000000000000000
other current liabilities104,716144,756100,033101,565123,869104,246131,87096,677109,314000000
total current liabilities138,931156,535149,063116,441137,722120,565145,261118,582129,989200,046103,864158,032101,019166,63296,277
loans000000000000000
hp & lease commitments000000000000000
Accruals and Deferred Income000000000000000
other liabilities000000000000000
provisions10,59111,0046,7578,6698,7729,11412,71209,7816,0125,6096,3187,0976,3784,387
total long term liabilities10,59111,0046,7578,6698,7729,11412,71209,7816,0125,6096,3187,0976,3784,387
total liabilities149,522167,539155,820125,110146,494129,679157,973118,582139,770206,058109,473164,350108,116173,010100,664
net assets364,245473,535446,517536,539557,874695,823605,833502,271587,798636,338537,807537,605464,017536,857466,863
total shareholders funds364,245473,535446,517536,539557,874695,823605,833502,271587,798636,338537,807537,605464,017536,857466,863
May 2024May 2023May 2022May 2021May 2020May 2019May 2018May 2017May 2016May 2015May 2014May 2013May 2012May 2011May 2010
Operating Activities
Operating Profit-123,29022,321-92,047-21,722-138,366107,877126,107-86,382-50,568121,390-1,37993,894-74,13893,432647,685
Depreciation7,5087,9526,3118,0978,3638,5918,7726,8556,8415,8095,5746,3787,2266,6915,020
Amortisation00006,4569,3169,3176,0886,089000000
Tax0-9,006000-21,109-24,29200-24,633-54-21,9800-24,590-181,513
Stock0000-141,67929,26535612,88399,175000000
Debtors40,168-2,335-94,249-82,600248,908-32,50042,705-42,777-183,07938,24449,27549,715-204,762135,947309,214
Creditors23,230-6,4403,3371,123-3,7252,938-8,5951,691-180,04696,182-54,16857,013-65,61370,35596,277
Accruals and Deferred Income-40,04044,723-1,532-22,30419,623-27,62435,193-12,637109,314000000
Deferred Taxes & Provisions-4134,247-1,912-103-342-3,59812,712-9,7813,769403-709-7797191,9914,387
Cash flow from operations-173,17366,1328,40647,691-215,22079,626116,153-64,272-20,697160,907-100,01184,81172,95611,932262,642
Investing Activities
capital expenditure-2,991-33,6143,754-6,684-7,184-7,724-32,762-6,471-37,173-7,311-1,423-1,689-9,424-16,278-32,985
Change in Investments000000000000000
cash flow from investments-2,991-33,6143,754-6,684-7,184-7,724-32,762-6,471-37,173-7,311-1,423-1,689-9,424-16,278-32,985
Financing Activities
Bank loans000000000000000
Group/Directors Accounts-794-2026-1001,259-1081-461675000000
Other Short Term Loans 0-30,79130,791000000000000
Long term loans000000000000000
Hire Purchase and Lease Commitments000000000000000
other long term liabilities000000000000000
share issue00012060000400208115
interest14,00013,7032,0242673573,2221,7478552,0241,7731,6341,6721,2981,144576
cash flow from financing13,206-17,10832,8412871,6763,2121,8283942,7031,7731,6341,6741,2981,152691
cash and cash equivalents
cash-162,95815,41045,00241,294-220,72875,11485,219-70,349-55,167155,370-99,79984,79664,830-3,194230,348
overdraft000000000000000
change in cash-162,95815,41045,00241,294-220,72875,11485,219-70,349-55,167155,370-99,79984,79664,830-3,194230,348

western design 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 Design Limited Competitor Analysis

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Perform a competitor analysis for western design limited by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other small companies, companies in DT11 area or any other competitors across 12 key performance metrics.

western design limited Ownership

WESTERN DESIGN LIMITED group structure

Western Design Limited has no subsidiary companies.

Ultimate parent company

WESTERN DESIGN LIMITED

02059822

WESTERN DESIGN LIMITED Shareholders

mr philip gordon easton 25%
mr matthew james witt 25%
mr jonathan edward turvey 25%
mr matthew david haley 25%

western design limited directors

Western Design Limited currently has 4 directors. The longest serving directors include Mr Philip Easton (Jun 1991) and Mr Matthew Witt (Sep 2003).

officercountryagestartendrole
Mr Philip Easton75 years Jun 1991- Director
Mr Matthew WittEngland50 years Sep 2003- Director
Mr Matthew HaleyEngland53 years Feb 2005- Director
Mr Jonathan TurveyUnited Kingdom51 years Jul 2015- Director

P&L

May 2024

turnover

1m

+11%

operating profit

-123.3k

0%

gross margin

46.1%

-4.52%

turnover

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

Balance Sheet

May 2024

net assets

364.2k

-0.23%

total assets

513.8k

-0.2%

cash

185.2k

-0.47%

net assets

Total assets minus all liabilities

western design limited company details

company number

02059822

Type

Private limited with Share Capital

industry

71111 - Architectural activities

incorporation date

September 1986

age

39

incorporated

UK

ultimate parent company

None

accounts

Total Exemption Full

last accounts submitted

May 2024

previous names

N/A

accountant

HARNEY & CO LIMITED

auditor

-

address

21 market place, blandford forum, dorset, DT11 7AF

Bank

-

Legal Advisor

-

western design 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 did not find charges/mortgages relating to western design limited.

western design 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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western design limited Companies House Filings - See Documents

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