westminster land group limited Company Information
Company Number
02376036
Next Accounts
Dec 2025
Shareholders
west heath ltd
whitburn ltd
View AllGroup Structure
View All
Industry
Development of building projects
+2Registered Address
167-169 great portland street,, 5th floor, london, W1W 5PF
westminster land group limited Estimated Valuation
Pomanda estimates the enterprise value of WESTMINSTER LAND GROUP LIMITED at £85.6m based on a Turnover of £39.6m and 2.16x industry multiple (adjusted for size and gross margin).
westminster land group limited Estimated Valuation
Pomanda estimates the enterprise value of WESTMINSTER LAND GROUP LIMITED at £0 based on an EBITDA of £-5.5k and a 6.95x industry multiple (adjusted for size and gross margin).
westminster land group limited Estimated Valuation
Pomanda estimates the enterprise value of WESTMINSTER LAND GROUP LIMITED at £35.4m based on Net Assets of £20.1m and 1.75x industry multiple (adjusted for liquidity).
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Westminster Land Group Limited Overview
Westminster Land Group Limited is a live company located in london, W1W 5PF with a Companies House number of 02376036. It operates in the development of building projects sector, SIC Code 41100. Founded in April 1989, it's largest shareholder is west heath ltd with a 20% stake. Westminster Land Group Limited is a mature, large sized company, Pomanda has estimated its turnover at £39.6m with low growth in recent years.
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Westminster Land Group Limited Health Check
Pomanda's financial health check has awarded Westminster Land Group Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 6 areas for improvement. Company Health Check FAQs


4 Strong

1 Regular

6 Weak

Size
annual sales of £39.6m, make it larger than the average company (£7.8m)
- Westminster Land Group Limited
£7.8m - Industry AVG

Growth
3 year (CAGR) sales growth of 0%, show it is growing at a slower rate (6.6%)
- Westminster Land Group Limited
6.6% - Industry AVG

Production
with a gross margin of 21.1%, this company has a higher cost of product (45.3%)
- Westminster Land Group Limited
45.3% - Industry AVG

Profitability
an operating margin of 0% make it less profitable than the average company (14.4%)
- Westminster Land Group Limited
14.4% - Industry AVG

Employees
with 4 employees, this is below the industry average (40)
4 - Westminster Land Group Limited
40 - Industry AVG

Pay Structure
on an average salary of £43k, the company has an equivalent pay structure (£43k)
- Westminster Land Group Limited
£43k - Industry AVG

Efficiency
resulting in sales per employee of £9.9m, this is more efficient (£215.9k)
- Westminster Land Group Limited
£215.9k - Industry AVG

Debtor Days
it gets paid by customers after 128 days, this is later than average (34 days)
- Westminster Land Group Limited
34 days - Industry AVG

Creditor Days
its suppliers are paid after 202 days, this is slower than average (37 days)
- Westminster Land Group Limited
37 days - Industry AVG

Stock Days
There is insufficient data available for this Key Performance Indicator!
- Westminster Land Group Limited
- - Industry AVG

Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (13 weeks)
0 weeks - Westminster Land Group Limited
13 weeks - Industry AVG

Debt Level
it has a ratio of liabilities to total assets of 52.9%, this is a lower level of debt than the average (64.2%)
52.9% - Westminster Land Group Limited
64.2% - Industry AVG
WESTMINSTER LAND GROUP LIMITED financials

Westminster Land Group Limited's latest turnover from March 2024 is estimated at £39.6 million and the company has net assets of £20.1 million. According to their latest financial statements, Westminster Land Group Limited has 4 employees and maintains cash reserves of £156 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 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Jun 2012 | Jun 2011 | Jun 2010 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Turnover | ||||||||||||||
Other Income Or Grants | ||||||||||||||
Cost Of Sales | ||||||||||||||
Gross Profit | ||||||||||||||
Admin Expenses | ||||||||||||||
Operating Profit | ||||||||||||||
Interest Payable | ||||||||||||||
Interest Receivable | ||||||||||||||
Pre-Tax Profit | ||||||||||||||
Tax | ||||||||||||||
Profit After Tax | ||||||||||||||
Dividends Paid | ||||||||||||||
Retained Profit | ||||||||||||||
Employee Costs | ||||||||||||||
Number Of Employees | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | |||||
EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Jun 2012 | Jun 2011 | Jun 2010 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Tangible Assets | 30,972 | 37,747 | 2,616 | 8,179 | 13,275 | 10,789 | 9,532 | 18,967 | 16,646 | 23,372 | 8,000 | 4,570 | 7,787 | 7,968 |
Intangible Assets | ||||||||||||||
Investments & Other | 24,585,636 | 23,721,037 | 24,699,895 | 25,307,101 | 27,447,868 | 29,185,669 | 24,268,661 | 25,401,078 | 27,552,635 | 9,432,148 | 4,000 | 2,800 | 3,800 | 3,700 |
Debtors (Due After 1 year) | 4,056,539 | 3,781,745 | 3,696,797 | 3,612,525 | 3,538,519 | 3,466,901 | 946,291 | 944,888 | 744,352 | 975,672 | 840,193 | 1,153,460 | 1,210,293 | |
Total Fixed Assets | 28,673,147 | 27,540,529 | 28,399,308 | 28,927,805 | 30,999,662 | 32,663,359 | 25,224,484 | 26,364,933 | 28,313,633 | 9,455,520 | 987,672 | 847,563 | 1,165,047 | 1,221,961 |
Stock & work in progress | ||||||||||||||
Trade Debtors | 13,905,306 | 13,878,585 | 18,827,208 | 18,982,456 | 19,850,630 | 18,769,045 | 19,237,647 | 17,089,585 | 16,964,994 | 13,961,354 | 15,692,328 | 15,083,232 | 13,934,543 | 11,754,499 |
Group Debtors | ||||||||||||||
Misc Debtors | 3,428,893 | |||||||||||||
Cash | 155,954 | 268,379 | 180,026 | 273,813 | 535,097 | 168,132 | 153,567 | 1,294,501 | 69,424 | 141,702 | 106,000 | 87,883 | 856,465 | 3,312,567 |
misc current assets | ||||||||||||||
total current assets | 14,061,260 | 14,146,964 | 19,007,234 | 19,256,269 | 20,385,727 | 18,937,177 | 19,391,214 | 18,384,086 | 17,034,418 | 17,531,949 | 15,798,328 | 15,171,115 | 14,791,008 | 15,067,066 |
total assets | 42,734,407 | 41,687,493 | 47,406,542 | 48,184,074 | 51,385,389 | 51,600,536 | 44,615,698 | 44,749,019 | 45,348,051 | 26,987,469 | 16,786,000 | 16,018,678 | 15,956,055 | 16,289,027 |
Bank overdraft | ||||||||||||||
Bank loan | ||||||||||||||
Trade Creditors | 17,356,596 | 12,652,982 | 12,428,499 | 6,365,483 | 3,726,586 | 3,540,256 | 2,509,468 | 2,504,180 | 1,983,791 | 4,706,708 | 11,406,000 | 10,408,636 | 9,989,750 | 9,933,959 |
Group/Directors Accounts | ||||||||||||||
other short term finances | ||||||||||||||
hp & lease commitments | ||||||||||||||
other current liabilities | ||||||||||||||
total current liabilities | 17,356,596 | 12,652,982 | 12,428,499 | 6,365,483 | 3,726,586 | 3,540,256 | 2,509,468 | 2,504,180 | 1,983,791 | 4,706,708 | 11,406,000 | 10,408,636 | 9,989,750 | 9,933,959 |
loans | 4,000,000 | 10,000,000 | 16,500,000 | 20,000,000 | 19,750,000 | 16,000,000 | 15,327,000 | 15,308,805 | ||||||
hp & lease commitments | ||||||||||||||
Accruals and Deferred Income | ||||||||||||||
other liabilities | 14,318,805 | |||||||||||||
provisions | 5,233,344 | 3,697,649 | 3,854,429 | 3,943,190 | 4,339,958 | 4,463,846 | 3,807,274 | 3,999,207 | 4,645,871 | |||||
total long term liabilities | 5,233,344 | 7,697,649 | 13,854,429 | 20,443,190 | 24,339,958 | 24,213,846 | 19,807,274 | 19,326,207 | 19,954,676 | 14,318,805 | ||||
total liabilities | 22,589,940 | 20,350,631 | 26,282,928 | 26,808,673 | 28,066,544 | 27,754,102 | 22,316,742 | 21,830,387 | 21,938,467 | 19,025,513 | 11,406,000 | 10,408,636 | 9,989,750 | 9,933,959 |
net assets | 20,144,467 | 21,336,862 | 21,123,614 | 21,375,401 | 23,318,845 | 23,846,434 | 22,298,956 | 22,918,632 | 23,409,584 | 7,961,956 | 5,380,000 | 5,610,042 | 5,966,305 | 6,355,068 |
total shareholders funds | 20,144,467 | 21,336,862 | 21,123,614 | 21,375,401 | 23,318,845 | 23,846,434 | 22,298,956 | 22,918,632 | 23,409,584 | 7,961,956 | 5,380,000 | 5,610,042 | 5,966,305 | 6,355,068 |
Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Jun 2012 | Jun 2011 | Jun 2010 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Operating Activities | ||||||||||||||
Operating Profit | ||||||||||||||
Depreciation | 10,450 | 6,079 | 4,626 | 5,096 | 9,858 | 6,778 | 9,435 | 6,332 | 6,726 | 21,000 | 4,054 | 3,217 | 3,732 | 3,186 |
Amortisation | ||||||||||||||
Tax | ||||||||||||||
Stock | ||||||||||||||
Debtors | 301,515 | -4,863,675 | -70,976 | -794,168 | 1,153,203 | 22,235,946 | 2,149,465 | 325,127 | 319,099 | 722,247 | 744,575 | 835,422 | 2,123,211 | 12,964,792 |
Creditors | 4,703,614 | 224,483 | 6,063,016 | 2,638,897 | 186,330 | 3,540,256 | 5,288 | 520,389 | -2,722,917 | -6,699,292 | 997,364 | 418,886 | 55,791 | 9,933,959 |
Accruals and Deferred Income | ||||||||||||||
Deferred Taxes & Provisions | 1,535,695 | -156,780 | -88,761 | -396,768 | -123,888 | 4,463,846 | -191,933 | -646,664 | 4,645,871 | |||||
Cash flow from operations | ||||||||||||||
Investing Activities | ||||||||||||||
capital expenditure | ||||||||||||||
Change in Investments | 864,599 | -978,858 | -607,206 | -2,140,767 | -1,737,801 | 29,185,669 | -1,132,417 | -2,151,557 | 18,120,487 | 9,428,148 | 1,200 | -1,000 | 100 | 3,700 |
cash flow from investments | ||||||||||||||
Financing Activities | ||||||||||||||
Bank loans | ||||||||||||||
Group/Directors Accounts | ||||||||||||||
Other Short Term Loans | ||||||||||||||
Long term loans | -4,000,000 | -6,000,000 | -6,500,000 | -3,500,000 | 250,000 | 19,750,000 | 673,000 | 18,195 | 15,308,805 | |||||
Hire Purchase and Lease Commitments | ||||||||||||||
other long term liabilities | -14,318,805 | 14,318,805 | ||||||||||||
share issue | ||||||||||||||
interest | ||||||||||||||
cash flow from financing | ||||||||||||||
cash and cash equivalents | ||||||||||||||
cash | -112,425 | 88,353 | -93,787 | -261,284 | 366,965 | 168,132 | -1,140,934 | 1,225,077 | -72,278 | 35,702 | 18,117 | -768,582 | -2,456,102 | 3,312,567 |
overdraft | ||||||||||||||
change in cash | -112,425 | 88,353 | -93,787 | -261,284 | 366,965 | 168,132 | -1,140,934 | 1,225,077 | -72,278 | 35,702 | 18,117 | -768,582 | -2,456,102 | 3,312,567 |
westminster land group limited Credit Report and Business Information
Westminster Land Group Limited Competitor Analysis

Perform a competitor analysis for westminster land group limited by selecting its closest rivals, whether from the CONSTRUCTION sector, other large companies, companies in W1W area or any other competitors across 12 key performance metrics.
westminster land group limited Ownership
WESTMINSTER LAND GROUP LIMITED group structure
Westminster Land Group Limited has 37 subsidiary companies.
Ultimate parent company
WESTMINSTER LAND GROUP LIMITED
02376036
37 subsidiaries
westminster land group limited directors
Westminster Land Group Limited currently has 4 directors. The longest serving directors include Mr Gideon Wood (Nov 2005) and Mr Philip Wood (Sep 2013).
officer | country | age | start | end | role |
---|---|---|---|---|---|
Mr Gideon Wood | England | 55 years | Nov 2005 | - | Director |
Mr Philip Wood | England | 60 years | Sep 2013 | - | Director |
Miss Catherine Wood | England | 63 years | Sep 2013 | - | Director |
Mr David Wood | England | 62 years | Sep 2013 | - | Director |
P&L
March 2024turnover
39.6m
+16%
operating profit
-16k
0%
gross margin
21.2%
+2.08%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2024net assets
20.1m
-0.06%
total assets
42.7m
+0.03%
cash
156k
-0.42%
net assets
Total assets minus all liabilities
westminster land group limited company details
company number
02376036
Type
Private limited with Share Capital
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.
41100 - Development of building projects
70100 - Activities of head offices
incorporation date
April 1989
age
36
incorporated
UK
ultimate parent company
accounts
Unaudited Abridged
last accounts submitted
March 2024
previous names
the golden square property group limited (September 1989)
locksnow limited (June 1989)
accountant
-
auditor
-
address
167-169 great portland street,, 5th floor, london, W1W 5PF
Bank
BARCLAYS BANK PLC, BARCLAYS BANK PLC
Legal Advisor
-
westminster land group 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 4 charges/mortgages relating to westminster land group limited. Currently there are 0 open charges and 4 have been satisfied in the past.
westminster land group 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.
Click to start generating capital raising & share issue transactions for WESTMINSTER LAND GROUP LIMITED. This can take several minutes, an email will notify you when this has completed.
westminster land group limited Companies House Filings - See Documents
date | description | view/download |
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