westwood associates limited Company Information
Company Number
02745514
Next Accounts
Dec 2025
Industry
Computer consultancy activities
Shareholders
t.j. vincent
p.e. naylor
View AllGroup Structure
View All
Contact
Registered Address
ryefield court 81 joel street, northwood, middlesex, HA6 1LL
Website
www.westwoodassociates.co.ukwestwood associates limited Estimated Valuation
Pomanda estimates the enterprise value of WESTWOOD ASSOCIATES LIMITED at £4.8m based on a Turnover of £6m and 0.79x industry multiple (adjusted for size and gross margin).
westwood associates limited Estimated Valuation
Pomanda estimates the enterprise value of WESTWOOD ASSOCIATES LIMITED at £124.4k based on an EBITDA of £22.5k and a 5.52x industry multiple (adjusted for size and gross margin).
westwood associates limited Estimated Valuation
Pomanda estimates the enterprise value of WESTWOOD ASSOCIATES LIMITED at £509.1k based on Net Assets of £222.7k and 2.29x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Westwood Associates Limited Overview
Westwood Associates Limited is a live company located in middlesex, HA6 1LL with a Companies House number of 02745514. It operates in the information technology consultancy activities sector, SIC Code 62020. Founded in September 1992, it's largest shareholder is t.j. vincent with a 42% stake. Westwood Associates Limited is a mature, mid sized company, Pomanda has estimated its turnover at £6m with healthy growth in recent years.
Upgrade for unlimited company reports & a free credit check
Westwood Associates Limited Health Check
Pomanda's financial health check has awarded Westwood Associates Limited a 4 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 4 areas for improvement. Company Health Check FAQs
5 Strong
3 Regular
4 Weak
Size
annual sales of £6m, make it larger than the average company (£1.3m)
- Westwood Associates Limited
£1.3m - Industry AVG
Growth
3 year (CAGR) sales growth of 15%, show it is growing at a faster rate (9.5%)
- Westwood Associates Limited
9.5% - Industry AVG
Production
with a gross margin of 43.9%, this company has a comparable cost of product (43.9%)
- Westwood Associates Limited
43.9% - Industry AVG
Profitability
an operating margin of 0.3% make it less profitable than the average company (6.2%)
- Westwood Associates Limited
6.2% - Industry AVG
Employees
with 16 employees, this is above the industry average (12)
16 - Westwood Associates Limited
12 - Industry AVG
Pay Structure
on an average salary of £58.7k, the company has an equivalent pay structure (£58.7k)
- Westwood Associates Limited
£58.7k - Industry AVG
Efficiency
resulting in sales per employee of £375.4k, this is more efficient (£130.8k)
- Westwood Associates Limited
£130.8k - Industry AVG
Debtor Days
it gets paid by customers after 69 days, this is near the average (62 days)
- Westwood Associates Limited
62 days - Industry AVG
Creditor Days
its suppliers are paid after 160 days, this is slower than average (27 days)
- Westwood Associates Limited
27 days - Industry AVG
Stock Days
it holds stock equivalent to 20 days, this is more than average (9 days)
- Westwood Associates Limited
9 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (18 weeks)
0 weeks - Westwood Associates Limited
18 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 86.9%, this is a higher level of debt than the average (54.9%)
86.9% - Westwood Associates Limited
54.9% - Industry AVG
WESTWOOD ASSOCIATES LIMITED financials
Westwood Associates Limited's latest turnover from March 2024 is estimated at £6 million and the company has net assets of £222.7 thousand. According to their latest financial statements, Westwood Associates Limited has 16 employees and maintains cash reserves of £16.1 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 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
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 | 16 | 16 | 17 | 17 | 17 | 15 | 16 | 16 | 18 | ||||||
EBITDA* |
* 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 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Tangible Assets | 345,087 | 352,902 | 361,367 | 370,604 | 380,782 | 391,191 | 403,587 | 417,457 | 433,067 | 433,408 | 438,769 | 418,820 | 427,163 | 428,315 | 425,965 |
Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1,000 | 1,000 | 1,000 | 1,000 | 1,000 | 1,000 |
Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Total Fixed Assets | 345,087 | 352,902 | 361,367 | 370,604 | 380,782 | 391,191 | 403,587 | 417,457 | 433,067 | 434,408 | 439,769 | 419,820 | 428,163 | 429,315 | 426,965 |
Stock & work in progress | 193,681 | 291,994 | 325,077 | 126,201 | 189,576 | 105,711 | 88,230 | 132,457 | 76,942 | 89,041 | 3,189 | 11,222 | 4,834 | 21,417 | 1,244 |
Trade Debtors | 1,146,803 | 784,381 | 747,043 | 799,988 | 935,257 | 811,497 | 1,091,184 | 1,210,174 | 1,025,978 | 627,268 | 919,599 | 1,057,453 | 744,614 | 744,334 | 779,206 |
Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Misc Debtors | 0 | 0 | 0 | 0 | 0 | 3,722 | 4,931 | 4,826 | 3,378 | 0 | 0 | 0 | 0 | 0 | 11,334 |
Cash | 16,100 | 2,443 | 2,714 | 35,245 | 34,929 | 12,934 | 208 | 22,508 | 189 | 5,486 | 24,001 | 337 | 113 | 375 | 1,796 |
misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total current assets | 1,356,584 | 1,078,818 | 1,074,834 | 961,434 | 1,159,762 | 933,864 | 1,184,553 | 1,369,965 | 1,106,487 | 721,795 | 946,789 | 1,069,012 | 749,561 | 766,126 | 793,580 |
total assets | 1,701,671 | 1,431,720 | 1,436,201 | 1,332,038 | 1,540,544 | 1,325,055 | 1,588,140 | 1,787,422 | 1,539,554 | 1,156,203 | 1,386,558 | 1,488,832 | 1,177,724 | 1,195,441 | 1,220,545 |
Bank overdraft | 0 | 0 | 0 | 0 | 0 | 478,597 | 450,248 | 623,541 | 532,865 | 0 | 0 | 0 | 0 | 0 | 0 |
Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Trade Creditors | 1,478,956 | 1,220,413 | 1,234,485 | 1,104,045 | 1,274,122 | 472,423 | 743,435 | 837,320 | 636,860 | 946,444 | 1,195,188 | 1,262,315 | 982,367 | 1,081,669 | 1,088,995 |
Group/Directors Accounts | 0 | 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 | 0 |
hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other current liabilities | 0 | 0 | 0 | 0 | 0 | 140,416 | 162,297 | 147,252 | 164,321 | 0 | 0 | 0 | 0 | 0 | 0 |
total current liabilities | 1,478,956 | 1,220,413 | 1,234,485 | 1,104,045 | 1,274,122 | 1,091,436 | 1,355,980 | 1,608,113 | 1,334,046 | 946,444 | 1,195,188 | 1,262,315 | 982,367 | 1,081,669 | 1,088,995 |
loans | 0 | 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 | 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 | 0 |
other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total liabilities | 1,478,956 | 1,220,413 | 1,234,485 | 1,104,045 | 1,274,122 | 1,091,436 | 1,355,980 | 1,608,113 | 1,334,046 | 946,444 | 1,195,188 | 1,262,315 | 982,367 | 1,081,669 | 1,088,995 |
net assets | 222,715 | 211,307 | 201,716 | 227,993 | 266,422 | 233,619 | 232,160 | 179,309 | 205,508 | 209,759 | 191,370 | 226,517 | 195,357 | 113,772 | 131,550 |
total shareholders funds | 222,715 | 211,307 | 201,716 | 227,993 | 266,422 | 233,619 | 232,160 | 179,309 | 205,508 | 209,759 | 191,370 | 226,517 | 195,357 | 113,772 | 131,550 |
Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Operating Activities | |||||||||||||||
Operating Profit | |||||||||||||||
Depreciation | 7,815 | 8,465 | 9,237 | 10,178 | 11,139 | 12,396 | 13,870 | 15,610 | 15,070 | 16,486 | 13,386 | 12,702 | 12,631 | 13,249 | 12,170 |
Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Tax | |||||||||||||||
Stock | -98,313 | -33,083 | 198,876 | -63,375 | 83,865 | 17,481 | -44,227 | 55,515 | 76,942 | 85,852 | -8,033 | 6,388 | -16,583 | 20,173 | 1,244 |
Debtors | 362,422 | 37,338 | -52,945 | -135,269 | 120,038 | -280,896 | -118,885 | 185,644 | 1,029,356 | -292,331 | -137,854 | 312,839 | 280 | -46,206 | 790,540 |
Creditors | 258,543 | -14,072 | 130,440 | -170,077 | 801,699 | -271,012 | -93,885 | 200,460 | 636,860 | -248,744 | -67,127 | 279,948 | -99,302 | -7,326 | 1,088,995 |
Accruals and Deferred Income | 0 | 0 | 0 | 0 | -140,416 | -21,881 | 15,045 | -17,069 | 164,321 | 0 | 0 | 0 | 0 | 0 | 0 |
Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Cash flow from operations | |||||||||||||||
Investing Activities | |||||||||||||||
capital expenditure | |||||||||||||||
Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1,000 |
cash flow from investments | |||||||||||||||
Financing Activities | |||||||||||||||
Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Group/Directors Accounts | 0 | 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 | 0 |
Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
share issue | |||||||||||||||
interest | |||||||||||||||
cash flow from financing | |||||||||||||||
cash and cash equivalents | |||||||||||||||
cash | 13,657 | -271 | -32,531 | 316 | 21,995 | 12,726 | -22,300 | 22,319 | 189 | -18,515 | 23,664 | 224 | -262 | -1,421 | 1,796 |
overdraft | 0 | 0 | 0 | 0 | -478,597 | 28,349 | -173,293 | 90,676 | 532,865 | 0 | 0 | 0 | 0 | 0 | 0 |
change in cash | 13,657 | -271 | -32,531 | 316 | 500,592 | -15,623 | 150,993 | -68,357 | -532,676 | -18,515 | 23,664 | 224 | -262 | -1,421 | 1,796 |
westwood associates limited Credit Report and Business Information
Westwood Associates Limited Competitor Analysis
Perform a competitor analysis for westwood associates limited by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other mid companies, companies in HA6 area or any other competitors across 12 key performance metrics.
westwood associates limited Ownership
WESTWOOD ASSOCIATES LIMITED group structure
Westwood Associates Limited has 1 subsidiary company.
Ultimate parent company
WESTWOOD ASSOCIATES LIMITED
02745514
1 subsidiary
westwood associates limited directors
Westwood Associates Limited currently has 5 directors. The longest serving directors include Mr Timothy Vincent (Sep 1992) and Mr Philip Naylor (Sep 1994).
officer | country | age | start | end | role |
---|---|---|---|---|---|
Mr Timothy Vincent | 64 years | Sep 1992 | - | Director | |
Mr Philip Naylor | 65 years | Sep 1994 | - | Director | |
Mr Robert Horan | 65 years | Nov 1996 | - | Director | |
Mr Paul Dwight-Moore | 60 years | Dec 2018 | - | Director | |
Mr John Maguire | 65 years | Dec 2018 | - | Director |
P&L
March 2024turnover
6m
+43%
operating profit
14.7k
0%
gross margin
43.9%
-7.48%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2024net assets
222.7k
+0.05%
total assets
1.7m
+0.19%
cash
16.1k
+5.59%
net assets
Total assets minus all liabilities
westwood associates limited company details
company number
02745514
Type
Private limited with Share Capital
industry
62020 - Computer consultancy activities
incorporation date
September 1992
age
33
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
March 2024
previous names
westwood group limited (February 2005)
westwood associates limited (January 2004)
accountant
DAVID GRAHAM ASSOCIATES
auditor
-
address
ryefield court 81 joel street, northwood, middlesex, HA6 1LL
Bank
BARCLAYS BANK PLC
Legal Advisor
-
westwood associates 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 5 charges/mortgages relating to westwood associates limited. Currently there are 1 open charges and 4 have been satisfied in the past.
westwood associates 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 WESTWOOD ASSOCIATES LIMITED. This can take several minutes, an email will notify you when this has completed.
westwood associates limited Companies House Filings - See Documents
date | description | view/download |
---|