westmoreland house limited
westmoreland house limited Company Information
Company Number
03053463
Next Accounts
Jan 2025
Industry
Construction of commercial buildings
Shareholders
harris calnan holdings ltd
Group Structure
View All
Contact
Registered Address
1st floor 26-28 bedford row, london, WC1R 4HE
Website
harriscalnan.co.ukwestmoreland house limited Estimated Valuation
Pomanda estimates the enterprise value of WESTMORELAND HOUSE LIMITED at £569.4k based on a Turnover of £2.2m and 0.26x industry multiple (adjusted for size and gross margin).
westmoreland house limited Estimated Valuation
Pomanda estimates the enterprise value of WESTMORELAND HOUSE LIMITED at £17.5k based on an EBITDA of £7.3k and a 2.39x industry multiple (adjusted for size and gross margin).
westmoreland house limited Estimated Valuation
Pomanda estimates the enterprise value of WESTMORELAND HOUSE LIMITED at £281.2k based on Net Assets of £189.4k and 1.49x industry multiple (adjusted for liquidity).
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Westmoreland House Limited Overview
Westmoreland House Limited is a dissolved company that was located in london, WC1R 4HE with a Companies House number of 03053463. It operated in the construction of commercial buildings sector, SIC Code 41201. Founded in May 1995, it's largest shareholder was harris calnan holdings ltd with a 100% stake. The last turnover for Westmoreland House Limited was estimated at £2.2m.
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Westmoreland House Limited Health Check
Pomanda's financial health check has awarded Westmoreland House Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 6 areas for improvement. Company Health Check FAQs
2 Strong
3 Regular
6 Weak
Size
annual sales of £2.2m, make it smaller than the average company (£8.4m)
- Westmoreland House Limited
£8.4m - Industry AVG
Growth
3 year (CAGR) sales growth of -18%, show it is growing at a slower rate (5.9%)
- Westmoreland House Limited
5.9% - Industry AVG
Production
with a gross margin of 7.8%, this company has a higher cost of product (14.5%)
- Westmoreland House Limited
14.5% - Industry AVG
Profitability
an operating margin of -0.1% make it less profitable than the average company (3.5%)
- Westmoreland House Limited
3.5% - Industry AVG
Employees
with 4 employees, this is below the industry average (60)
- Westmoreland House Limited
60 - Industry AVG
Pay Structure
on an average salary of £40.9k, the company has an equivalent pay structure (£40.9k)
- Westmoreland House Limited
£40.9k - Industry AVG
Efficiency
resulting in sales per employee of £549k, this is more efficient (£322.4k)
- Westmoreland House Limited
£322.4k - Industry AVG
Debtor Days
it gets paid by customers after 80 days, this is later than average (49 days)
- Westmoreland House Limited
49 days - Industry AVG
Creditor Days
its suppliers are paid after 81 days, this is slower than average (44 days)
- Westmoreland House Limited
44 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Westmoreland House Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 15 weeks, this is average cash available to meet short term requirements (15 weeks)
15 weeks - Westmoreland House Limited
15 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 70.5%, this is a similar level of debt than the average (76.5%)
70.5% - Westmoreland House Limited
76.5% - Industry AVG
WESTMORELAND HOUSE LIMITED financials
Westmoreland House Limited's latest turnover from February 2015 is estimated at £2.2 million and the company has net assets of £189.4 thousand. According to their latest financial statements, we estimate that Westmoreland House Limited has 4 employees and maintains cash reserves of £135.8 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Feb 2015 | Feb 2014 | Feb 2013 | Feb 2012 | Aug 2010 | Aug 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 | ||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Feb 2015 | Feb 2014 | Feb 2013 | Feb 2012 | Aug 2010 | Aug 2009 | |
|---|---|---|---|---|---|---|
| Tangible Assets | 19,492 | 16,316 | 10,217 | 12,203 | 25,450 | 40,742 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 11,811 | 50,000 | 0 | 0 |
| Total Fixed Assets | 19,492 | 16,316 | 22,028 | 62,203 | 25,450 | 40,742 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 486,485 | 1,216,872 | 1,480,832 | 688,646 | 506,601 | 832,677 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 | 1,601 | 44,157 |
| Cash | 135,789 | 37,056 | 73,966 | 487,494 | 244,013 | 305,202 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 622,274 | 1,253,928 | 1,554,798 | 1,176,140 | 752,215 | 1,182,036 |
| total assets | 641,766 | 1,270,244 | 1,576,826 | 1,238,343 | 777,665 | 1,222,778 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 452,398 | 1,079,013 | 1,391,490 | 1,057,537 | 613,750 | 1,111,271 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 0 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 452,398 | 1,079,013 | 1,391,490 | 1,057,537 | 613,750 | 1,111,271 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 452,398 | 1,079,013 | 1,391,490 | 1,057,537 | 613,750 | 1,111,271 |
| net assets | 189,368 | 191,231 | 185,336 | 180,806 | 163,915 | 111,507 |
| total shareholders funds | 189,368 | 191,231 | 185,336 | 180,806 | 163,915 | 111,507 |
| Feb 2015 | Feb 2014 | Feb 2013 | Feb 2012 | Aug 2010 | Aug 2009 | |
|---|---|---|---|---|---|---|
| Operating Activities | ||||||
| Operating Profit | ||||||
| Depreciation | 9,599 | 6,902 | 4,257 | 19,630 | 17,823 | 20,962 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | ||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | -730,387 | -275,771 | 753,997 | 738,646 | -368,632 | 876,834 |
| Creditors | -626,615 | -312,477 | 333,953 | 1,057,537 | -497,521 | 1,111,271 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | ||||||
| Investing Activities | ||||||
| capital expenditure | ||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | ||||||
| Financing Activities | ||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||
| interest | ||||||
| cash flow from financing | ||||||
| cash and cash equivalents | ||||||
| cash | 98,733 | -36,910 | -413,528 | 487,494 | -61,189 | 305,202 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 98,733 | -36,910 | -413,528 | 487,494 | -61,189 | 305,202 |
westmoreland house limited Credit Report and Business Information
Westmoreland House Limited Competitor Analysis
Perform a competitor analysis for westmoreland house limited by selecting its closest rivals, whether from the CONSTRUCTION sector, other undefined companies, companies in WC1R area or any other competitors across 12 key performance metrics.
westmoreland house limited Ownership
WESTMORELAND HOUSE LIMITED group structure
Westmoreland House Limited has no subsidiary companies.
Ultimate parent company
1 parent
WESTMORELAND HOUSE LIMITED
03053463
westmoreland house limited directors
Westmoreland House Limited currently has 2 directors. The longest serving directors include Mr Colin Calnan (Aug 1996) and Mr Neil Harris (Nov 1997).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Colin Calnan | England | 61 years | Aug 1996 | - | Director |
| Mr Neil Harris | United Kingdom | 66 years | Nov 1997 | - | Director |
P&L
February 2015turnover
2.2m
-58%
operating profit
-2.3k
0%
gross margin
7.8%
+0.08%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
February 2015net assets
189.4k
-0.01%
total assets
641.8k
-0.49%
cash
135.8k
+2.66%
net assets
Total assets minus all liabilities
westmoreland house limited company details
company number
03053463
Type
Private limited with Share Capital
industry
41201 - Construction of commercial buildings
incorporation date
May 1995
age
30
incorporated
UK
ultimate parent company
accounts
Total Exemption Small
last accounts submitted
February 2015
previous names
harris calnan construction co. limited (November 2015)
harris morgan construction co. limited (June 1998)
accountant
-
auditor
-
address
1st floor 26-28 bedford row, london, WC1R 4HE
Bank
-
Legal Advisor
-
westmoreland house 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 westmoreland house limited.
westmoreland house 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 WESTMORELAND HOUSE LIMITED. This can take several minutes, an email will notify you when this has completed.
westmoreland house limited Companies House Filings - See Documents
| date | description | view/download |
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