energy coast west cumbria (workspace) limited
energy coast west cumbria (workspace) limited Company Information
Company Number
02259526
Next Accounts
Dec 2025
Shareholders
-
Group Structure
View All
Industry
Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.
Registered Address
ingwell hall ingwell drive, westlakes science & technology p, moor row, cumbria, CA24 3JZ
energy coast west cumbria (workspace) limited Estimated Valuation
Pomanda estimates the enterprise value of ENERGY COAST WEST CUMBRIA (WORKSPACE) LIMITED at £431.2k based on a Turnover of £110.6k and 3.9x industry multiple (adjusted for size and gross margin).
energy coast west cumbria (workspace) limited Estimated Valuation
Pomanda estimates the enterprise value of ENERGY COAST WEST CUMBRIA (WORKSPACE) LIMITED at £1.5m based on an EBITDA of £195.5k and a 7.63x industry multiple (adjusted for size and gross margin).
energy coast west cumbria (workspace) limited Estimated Valuation
Pomanda estimates the enterprise value of ENERGY COAST WEST CUMBRIA (WORKSPACE) LIMITED at £2.5m based on Net Assets of £1.4m and 1.75x industry multiple (adjusted for liquidity).
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Energy Coast West Cumbria (workspace) Limited Overview
Energy Coast West Cumbria (workspace) Limited is a live company located in moor row, CA24 3JZ with a Companies House number of 02259526. It operates in the other letting and operating of own or leased real estate sector, SIC Code 68209. Founded in May 1988, it's largest shareholder is unknown. Energy Coast West Cumbria (workspace) Limited is a mature, micro sized company, Pomanda has estimated its turnover at £110.6k with declining growth in recent years.
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Energy Coast West Cumbria (workspace) Limited Health Check
Pomanda's financial health check has awarded Energy Coast West Cumbria (Workspace) Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 7 measures and has 3 areas for improvement. Company Health Check FAQs
7 Strong
0 Regular
3 Weak
Size
annual sales of £110.6k, make it smaller than the average company (£918.1k)
£110.6k - Energy Coast West Cumbria (workspace) Limited
£918.1k - Industry AVG
Growth
3 year (CAGR) sales growth of -21%, show it is growing at a slower rate (4.9%)
-21% - Energy Coast West Cumbria (workspace) Limited
4.9% - Industry AVG
Production
with a gross margin of 99.7%, this company has a lower cost of product (75.5%)
99.7% - Energy Coast West Cumbria (workspace) Limited
75.5% - Industry AVG
Profitability
an operating margin of 176.4% make it more profitable than the average company (29.4%)
176.4% - Energy Coast West Cumbria (workspace) Limited
29.4% - Industry AVG
Employees
with 6 employees, this is above the industry average (4)
6 - Energy Coast West Cumbria (workspace) Limited
4 - Industry AVG
Pay Structure
There is insufficient data available for this Key Performance Indicator!
- - Energy Coast West Cumbria (workspace) Limited
- - Industry AVG
Efficiency
resulting in sales per employee of £18.4k, this is less efficient (£177.7k)
£18.4k - Energy Coast West Cumbria (workspace) Limited
£177.7k - Industry AVG
Debtor Days
it gets paid by customers after 3 days, this is earlier than average (30 days)
3 days - Energy Coast West Cumbria (workspace) Limited
30 days - Industry AVG
Creditor Days
its suppliers are paid after 2407 days, this is slower than average (38 days)
2407 days - Energy Coast West Cumbria (workspace) Limited
38 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Energy Coast West Cumbria (workspace) Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 84 weeks, this is more cash available to meet short term requirements (11 weeks)
84 weeks - Energy Coast West Cumbria (workspace) Limited
11 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 3.5%, this is a lower level of debt than the average (64.5%)
3.5% - Energy Coast West Cumbria (workspace) Limited
64.5% - Industry AVG
ENERGY COAST WEST CUMBRIA (WORKSPACE) LIMITED financials
Energy Coast West Cumbria (Workspace) Limited's latest turnover from March 2024 is £110.6 thousand and the company has net assets of £1.4 million. According to their latest financial statements, Energy Coast West Cumbria (Workspace) Limited has 6 employees and maintains cash reserves of £85.3 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 110,554 | 143,891 | 343,419 | 222,712 | 247,355 | 537,621 | 1,076,667 | 1,001,498 | |||||||
| Other Income Or Grants | |||||||||||||||
| Cost Of Sales | 331 | 381 | 279 | 627 | 4,989 | 287,714 | 533,994 | 538,328 | |||||||
| Gross Profit | 110,223 | 143,510 | 343,140 | 222,085 | 242,366 | 249,907 | 542,673 | 463,170 | |||||||
| Admin Expenses | -84,840 | 181,751 | 74,073 | 38,828 | 283,966 | 263,606 | 1,482,245 | 323,554 | |||||||
| Operating Profit | 195,063 | -38,241 | 269,067 | 183,257 | -41,600 | -13,699 | -939,572 | 139,616 | |||||||
| Interest Payable | 18,987 | 22,784 | 25,294 | ||||||||||||
| Interest Receivable | 930 | 421 | 11 | 85 | 498 | 2,145 | 963 | 670 | |||||||
| Pre-Tax Profit | 195,993 | -37,820 | 269,078 | 183,342 | -41,102 | -30,541 | -846,393 | 114,992 | |||||||
| Tax | -21,351 | 30,617 | 57,421 | -80,113 | -2,022 | 37,704 | -37,254 | ||||||||
| Profit After Tax | 174,642 | -7,203 | 326,499 | 103,229 | -43,124 | -30,541 | -808,689 | 77,738 | |||||||
| Dividends Paid | |||||||||||||||
| Retained Profit | 174,642 | -7,203 | 326,499 | 103,229 | -43,124 | -30,541 | -808,689 | 77,738 | |||||||
| Employee Costs | |||||||||||||||
| Number Of Employees | 6 | 7 | 8 | 8 | |||||||||||
| EBITDA* | 195,455 | -37,861 | 270,260 | 187,910 | -40,435 | -13,574 | 174,451 | 139,616 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 1,000 | 887 | 1,261 | 2,460 | 2,173 | 3,338 | 3,319 | 468 | 593 | 4,790,492 | 4,790,046 | 5,457,975 | 5,815,759 | 5,825,864 | 5,827,440 |
| Intangible Assets | |||||||||||||||
| Investments & Other | 884,999 | 660,000 | 660,000 | 660,000 | 470,000 | 1,465,000 | 1,465,000 | 1,465,000 | 3,750,000 | ||||||
| Debtors (Due After 1 year) | 500,000 | 500,000 | 500,000 | 500,000 | 24,714 | 30,310 | 47,713 | 47,713 | |||||||
| Total Fixed Assets | 1,385,999 | 1,160,887 | 1,161,261 | 1,162,460 | 472,173 | 1,493,052 | 1,498,629 | 1,513,181 | 3,798,306 | 4,790,492 | 4,790,046 | 5,457,975 | 5,815,759 | 5,825,864 | 5,827,440 |
| Stock & work in progress | |||||||||||||||
| Trade Debtors | 919 | 5,929 | 11,034 | 25,375 | 16,302 | 36,024 | 90,262 | 87,746 | 111,069 | 580,326 | 380,171 | 402,555 | 200,107 | 78,304 | 109,715 |
| Group Debtors | |||||||||||||||
| Misc Debtors | 15,334 | 43,232 | 1,488 | 3,959 | 530,030 | 508,044 | 540,087 | 136,440 | 342,569 | 17,260 | |||||
| Cash | 85,301 | 94,842 | 139,162 | 129,889 | 226,654 | 261,534 | 742,640 | 1,111,304 | 2,329,395 | 2,244,926 | 523,136 | 210,299 | 451,763 | 512,317 | 485,749 |
| misc current assets | |||||||||||||||
| total current assets | 101,554 | 144,003 | 151,684 | 159,223 | 772,986 | 805,602 | 1,372,989 | 1,335,490 | 2,783,033 | 2,842,512 | 903,307 | 612,854 | 651,870 | 590,621 | 595,464 |
| total assets | 1,487,553 | 1,304,890 | 1,312,945 | 1,321,683 | 1,245,159 | 2,298,654 | 2,871,618 | 2,848,671 | 6,581,339 | 7,633,004 | 5,693,353 | 6,070,829 | 6,467,629 | 6,416,485 | 6,422,904 |
| Bank overdraft | |||||||||||||||
| Bank loan | |||||||||||||||
| Trade Creditors | 2,183 | 5,190 | 7,063 | 6,119 | 22,074 | 17,965 | 26,518 | 12,407 | 30,258 | 2,694 | 700,551 | 368,377 | 490,162 | 438,970 | 465,268 |
| Group/Directors Accounts | |||||||||||||||
| other short term finances | |||||||||||||||
| hp & lease commitments | |||||||||||||||
| other current liabilities | 50,063 | 38,654 | 37,634 | 127,516 | 53,253 | 72,733 | 552,511 | 667,219 | 553,695 | 1,097,286 | |||||
| total current liabilities | 52,246 | 43,844 | 44,697 | 133,635 | 75,327 | 90,698 | 579,029 | 679,626 | 583,953 | 1,099,980 | 700,551 | 368,377 | 490,162 | 438,970 | 465,268 |
| loans | 4,905,412 | 4,885,477 | |||||||||||||
| hp & lease commitments | |||||||||||||||
| Accruals and Deferred Income | |||||||||||||||
| other liabilities | 239,096 | 500,718 | 920,145 | 941,229 | 941,229 | 4,739,029 | 4,465,978 | 4,379,427 | 4,938,385 | 4,905,412 | |||||
| provisions | 7,203 | ||||||||||||||
| total long term liabilities | 246,299 | 500,718 | 920,145 | 941,229 | 941,229 | 4,739,029 | 4,465,978 | 4,379,427 | 4,938,385 | 4,905,412 | 4,905,412 | 4,885,477 | |||
| total liabilities | 52,246 | 43,844 | 44,697 | 379,934 | 576,045 | 1,010,843 | 1,520,258 | 1,620,855 | 5,322,982 | 5,565,958 | 5,079,978 | 5,306,762 | 5,395,574 | 5,344,382 | 5,350,745 |
| net assets | 1,435,307 | 1,261,046 | 1,268,248 | 941,749 | 669,114 | 1,287,811 | 1,351,360 | 1,227,816 | 1,258,357 | 2,067,046 | 613,375 | 764,067 | 1,072,055 | 1,072,103 | 1,072,159 |
| total shareholders funds | 1,435,307 | 1,261,046 | 1,268,248 | 941,749 | 669,114 | 1,287,811 | 1,351,360 | 1,227,816 | 1,258,357 | 2,067,046 | 613,375 | 764,067 | 1,072,055 | 1,072,103 | 1,072,159 |
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | 195,063 | -38,241 | 269,067 | 183,257 | -41,600 | -13,699 | -939,572 | 139,616 | |||||||
| Depreciation | 392 | 380 | 1,193 | 4,653 | 1,165 | 1,260 | 869 | 125 | 31 | 10,104 | 10,103 | 10,103 | 10,103 | ||
| Amortisation | 1,113,992 | ||||||||||||||
| Tax | -21,351 | 30,617 | 57,421 | -80,113 | -2,022 | 37,704 | -37,254 | ||||||||
| Stock | |||||||||||||||
| Debtors | -32,908 | 36,639 | -16,812 | -16,998 | -22,450 | -91,877 | 388,760 | -229,452 | -96,235 | 217,415 | -22,384 | 202,448 | 121,803 | -31,411 | 109,715 |
| Creditors | -3,007 | -1,873 | 944 | -15,955 | 4,109 | -8,553 | 14,111 | -17,851 | 27,564 | -697,857 | 332,174 | -121,785 | 51,192 | -26,298 | 465,268 |
| Accruals and Deferred Income | 11,409 | 1,020 | -89,882 | 74,263 | -19,480 | -479,778 | -114,708 | 113,524 | -543,591 | 1,097,286 | |||||
| Deferred Taxes & Provisions | -7,203 | 7,203 | |||||||||||||
| Cash flow from operations | 215,414 | -44,736 | 248,352 | 190,306 | -35,378 | 311,551 | -207,637 | ||||||||
| Investing Activities | |||||||||||||||
| capital expenditure | |||||||||||||||
| Change in Investments | 224,999 | 190,000 | -995,000 | -2,285,000 | 3,750,000 | ||||||||||
| cash flow from investments | |||||||||||||||
| Financing Activities | |||||||||||||||
| Bank loans | |||||||||||||||
| Group/Directors Accounts | |||||||||||||||
| Other Short Term Loans | |||||||||||||||
| Long term loans | -4,905,412 | 19,935 | 4,885,477 | ||||||||||||
| Hire Purchase and Lease Commitments | |||||||||||||||
| other long term liabilities | -239,096 | -261,622 | -419,427 | -21,084 | -3,797,800 | 273,051 | 86,551 | -558,958 | 32,973 | 4,905,412 | |||||
| share issue | |||||||||||||||
| interest | 930 | 421 | 11 | 85 | 498 | -16,842 | -21,821 | -24,624 | |||||||
| cash flow from financing | 549 | 422 | -239,085 | -92,131 | -994,502 | -3,814,642 | 251,230 | 1,437,860 | |||||||
| cash and cash equivalents | |||||||||||||||
| cash | -9,541 | -44,320 | 9,273 | -96,765 | -34,880 | -481,106 | -368,664 | -1,218,091 | 84,469 | 1,721,790 | 312,837 | -241,464 | -60,554 | 26,568 | 485,749 |
| overdraft | |||||||||||||||
| change in cash | -9,541 | -44,320 | 9,273 | -96,765 | -34,880 | -481,106 | -368,664 | -1,218,091 | 84,469 | 1,721,790 | 312,837 | -241,464 | -60,554 | 26,568 | 485,749 |
energy coast west cumbria (workspace) limited Credit Report and Business Information
Energy Coast West Cumbria (workspace) Limited Competitor Analysis
Perform a competitor analysis for energy coast west cumbria (workspace) limited by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other micro companies, companies in CA24 area or any other competitors across 12 key performance metrics.
energy coast west cumbria (workspace) limited Ownership
ENERGY COAST WEST CUMBRIA (WORKSPACE) LIMITED group structure
Energy Coast West Cumbria (Workspace) Limited has no subsidiary companies.
Ultimate parent company
ENERGY COAST WEST CUMBRIA (WORKSPACE) LIMITED
02259526
energy coast west cumbria (workspace) limited directors
Energy Coast West Cumbria (Workspace) Limited currently has 6 directors. The longest serving directors include Mr Nigel Catterson (Dec 2012) and Mr Michael Pemberton (Feb 2016).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Nigel Catterson | United Kingdom | 75 years | Dec 2012 | - | Director |
| Mr Michael Pemberton | 58 years | Feb 2016 | - | Director | |
| Mr John Clarke | United Kingdom | 66 years | Dec 2017 | - | Director |
| Mr Andrew Oldham | United Kingdom | 65 years | Feb 2018 | - | Director |
| Mr Benjamin Peacock | 29 years | Dec 2022 | - | Director | |
| Mr Andrew Seekings | 56 years | Nov 2023 | - | Director |
P&L
March 2024turnover
110.6k
-23%
operating profit
195.1k
-610%
gross margin
99.8%
-0.03%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2024net assets
1.4m
+0.14%
total assets
1.5m
+0.14%
cash
85.3k
-0.1%
net assets
Total assets minus all liabilities
energy coast west cumbria (workspace) limited company details
company number
02259526
Type
Private Ltd By Guarantee w/o Share Cap
industry
68209 - Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.
incorporation date
May 1988
age
37
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
March 2024
previous names
west cumbria development agency limited (March 2012)
accountant
-
auditor
ARMSTRONG WATSON AUDIT LTD
address
ingwell hall ingwell drive, westlakes science & technology p, moor row, cumbria, CA24 3JZ
Bank
-
Legal Advisor
-
energy coast west cumbria (workspace) 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 3 charges/mortgages relating to energy coast west cumbria (workspace) limited. Currently there are 1 open charges and 2 have been satisfied in the past.
energy coast west cumbria (workspace) 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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energy coast west cumbria (workspace) limited Companies House Filings - See Documents
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