northwest housing associates limited
northwest housing associates limited Company Information
Company Number
03181896
Next Accounts
Jan 2026
Shareholders
mr alan rothwell
mr lee frederick tilley
View AllGroup 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
sterling house, 501 middleton road, oldham, OL9 9LY
Website
-northwest housing associates limited Estimated Valuation
Pomanda estimates the enterprise value of NORTHWEST HOUSING ASSOCIATES LIMITED at £1.9m based on a Turnover of £562.3k and 3.35x industry multiple (adjusted for size and gross margin).
northwest housing associates limited Estimated Valuation
Pomanda estimates the enterprise value of NORTHWEST HOUSING ASSOCIATES LIMITED at £0 based on an EBITDA of £-24.8k and a 6.54x industry multiple (adjusted for size and gross margin).
northwest housing associates limited Estimated Valuation
Pomanda estimates the enterprise value of NORTHWEST HOUSING ASSOCIATES LIMITED at £441.7k based on Net Assets of £253k and 1.75x industry multiple (adjusted for liquidity).
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Northwest Housing Associates Limited Overview
Northwest Housing Associates Limited is a live company located in oldham, OL9 9LY with a Companies House number of 03181896. It operates in the other letting and operating of own or leased real estate sector, SIC Code 68209. Founded in April 1996, it's largest shareholder is mr alan rothwell with a 50% stake. Northwest Housing Associates Limited is a mature, small sized company, Pomanda has estimated its turnover at £562.3k with unknown growth in recent years.
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Northwest Housing Associates Limited Health Check
Pomanda's financial health check has awarded Northwest Housing Associates Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 3 areas for improvement. Company Health Check FAQs
2 Strong
3 Regular
3 Weak
Size
annual sales of £562.3k, make it smaller than the average company (£921.6k)
- Northwest Housing Associates Limited
£921.6k - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Northwest Housing Associates Limited
- - Industry AVG
Production
with a gross margin of 72.9%, this company has a comparable cost of product (72.9%)
- Northwest Housing Associates Limited
72.9% - Industry AVG
Profitability
an operating margin of -4.4% make it less profitable than the average company (28.4%)
- Northwest Housing Associates Limited
28.4% - Industry AVG
Employees
with 3 employees, this is below the industry average (4)
3 - Northwest Housing Associates Limited
4 - Industry AVG
Pay Structure
on an average salary of £33.6k, the company has an equivalent pay structure (£33.6k)
- Northwest Housing Associates Limited
£33.6k - Industry AVG
Efficiency
resulting in sales per employee of £187.4k, this is equally as efficient (£187.4k)
- Northwest Housing Associates Limited
£187.4k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Northwest Housing Associates Limited
- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- Northwest Housing Associates Limited
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Northwest Housing Associates Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 3330 weeks, this is more cash available to meet short term requirements (10 weeks)
3330 weeks - Northwest Housing Associates Limited
10 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 60.1%, this is a lower level of debt than the average (69.7%)
60.1% - Northwest Housing Associates Limited
69.7% - Industry AVG
NORTHWEST HOUSING ASSOCIATES LIMITED financials
Northwest Housing Associates Limited's latest turnover from April 2024 is estimated at £562.3 thousand and the company has net assets of £253 thousand. According to their latest financial statements, Northwest Housing Associates Limited has 3 employees and maintains cash reserves of £69.1 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Apr 2024 | Apr 2023 | Apr 2022 | Apr 2021 | Apr 2020 | Apr 2019 | Apr 2018 | Apr 2017 | Apr 2016 | Apr 2015 | Apr 2014 | Apr 2013 | Apr 2012 | Apr 2011 | Apr 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 29,141 | 31,248 | 28,047 | 23,601 | 24,869 | ||||||||||
| Other Income Or Grants | |||||||||||||||
| Cost Of Sales | |||||||||||||||
| Gross Profit | 29,141 | 31,248 | 28,047 | 23,601 | 24,869 | ||||||||||
| Admin Expenses | 13,072 | 15,746 | 19,826 | 41,870 | 20,639 | ||||||||||
| Operating Profit | 16,069 | 15,502 | 8,221 | -18,269 | 4,230 | ||||||||||
| Interest Payable | 13,462 | 15,096 | 14,853 | 16,196 | 15,554 | ||||||||||
| Interest Receivable | 1,000 | 3,000 | 15,000 | 32,000 | 11,000 | ||||||||||
| Pre-Tax Profit | 3,607 | 3,406 | 8,368 | -2,465 | -324 | ||||||||||
| Tax | |||||||||||||||
| Profit After Tax | 3,607 | 3,406 | 8,368 | -2,465 | -324 | ||||||||||
| Dividends Paid | |||||||||||||||
| Retained Profit | 3,607 | 3,406 | 8,368 | -2,465 | -324 | ||||||||||
| Employee Costs | |||||||||||||||
| Number Of Employees | 3 | 3 | 3 | ||||||||||||
| EBITDA* | 16,069 | 15,502 | 8,261 | -18,256 | 4,254 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Apr 2024 | Apr 2023 | Apr 2022 | Apr 2021 | Apr 2020 | Apr 2019 | Apr 2018 | Apr 2017 | Apr 2016 | Apr 2015 | Apr 2014 | Apr 2013 | Apr 2012 | Apr 2011 | Apr 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 565,000 | 565,000 | 450,000 | 450,000 | 450,000 | 156,476 | 156,476 | 156,476 | 184,476 | 184,476 | 184,476 | 184,516 | 184,529 | ||
| Intangible Assets | |||||||||||||||
| Investments & Other | 565,000 | 565,000 | |||||||||||||
| Debtors (Due After 1 year) | 732,881 | 750,496 | 821,141 | 838,193 | |||||||||||
| Total Fixed Assets | 565,000 | 565,000 | 565,000 | 565,000 | 450,000 | 450,000 | 450,000 | 156,476 | 156,476 | 156,476 | 184,476 | 917,357 | 934,972 | 1,005,657 | 1,022,722 |
| Stock & work in progress | |||||||||||||||
| Trade Debtors | 450 | 450 | 618 | 970 | 676,286 | 691,156 | 119 | 1,189 | 2,147 | ||||||
| Group Debtors | |||||||||||||||
| Misc Debtors | 934 | 307,589 | 617,179 | 623,766 | 623,766 | 623,766 | 2,000 | 2,000 | 2,230 | 200 | |||||
| Cash | 69,109 | 149,214 | 138,538 | 168,226 | 6,262 | 931 | 3,306 | 939 | 50 | 1,652 | 2,035 | 40 | 466 | 223 | 762 |
| misc current assets | |||||||||||||||
| total current assets | 69,109 | 149,664 | 139,922 | 168,226 | 313,851 | 618,110 | 627,072 | 625,323 | 624,786 | 677,938 | 693,191 | 2,159 | 3,655 | 2,453 | 3,109 |
| total assets | 634,109 | 714,664 | 704,922 | 733,226 | 763,851 | 1,068,110 | 1,077,072 | 781,799 | 781,262 | 834,414 | 877,667 | 919,516 | 938,627 | 1,008,110 | 1,025,831 |
| Bank overdraft | 6,145 | 36,284 | 282,700 | 85,101 | 36,553 | 29,059 | 27,500 | 26,000 | 26,173 | ||||||
| Bank loan | |||||||||||||||
| Trade Creditors | 72,640 | ||||||||||||||
| Group/Directors Accounts | |||||||||||||||
| other short term finances | |||||||||||||||
| hp & lease commitments | |||||||||||||||
| other current liabilities | 1,079 | 4,966 | 2,827 | 74,969 | 96,888 | 96,866 | 4,738 | 5,277 | 5,786 | 9,126 | 4,307 | 934 | 28,450 | 27,933 | |
| total current liabilities | 1,079 | 4,966 | 2,827 | 74,969 | 96,888 | 103,011 | 126,720 | 287,977 | 90,887 | 72,640 | 45,679 | 33,366 | 28,434 | 54,450 | 54,106 |
| loans | 5,886 | 43,000 | 254,502 | 617,071 | 674,840 | 702,289 | 754,124 | 769,724 | |||||||
| hp & lease commitments | |||||||||||||||
| Accruals and Deferred Income | |||||||||||||||
| other liabilities | 346,619 | 404,212 | 406,475 | 362,198 | 361,817 | 360,846 | 360,163 | 178,929 | 175,728 | 513,920 | |||||
| provisions | 33,440 | 33,440 | 33,440 | 33,440 | 33,440 | 33,440 | 33,440 | ||||||||
| total long term liabilities | 380,059 | 437,652 | 439,915 | 395,638 | 395,257 | 394,286 | 399,489 | 221,929 | 430,230 | 513,920 | 617,071 | 674,840 | 702,289 | 754,124 | 769,724 |
| total liabilities | 381,138 | 442,618 | 442,742 | 470,607 | 492,145 | 497,297 | 526,209 | 509,906 | 521,117 | 586,560 | 662,750 | 708,206 | 730,723 | 808,574 | 823,830 |
| net assets | 252,971 | 272,046 | 262,180 | 262,619 | 271,706 | 570,813 | 550,863 | 271,893 | 260,145 | 247,854 | 214,917 | 211,310 | 207,904 | 199,536 | 202,001 |
| total shareholders funds | 252,971 | 272,046 | 262,180 | 262,619 | 271,706 | 570,813 | 550,863 | 271,893 | 260,145 | 247,854 | 214,917 | 211,310 | 207,904 | 199,536 | 202,001 |
| Apr 2024 | Apr 2023 | Apr 2022 | Apr 2021 | Apr 2020 | Apr 2019 | Apr 2018 | Apr 2017 | Apr 2016 | Apr 2015 | Apr 2014 | Apr 2013 | Apr 2012 | Apr 2011 | Apr 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | 16,069 | 15,502 | 8,221 | -18,269 | 4,230 | ||||||||||
| Depreciation | 40 | 13 | 24 | ||||||||||||
| Amortisation | |||||||||||||||
| Tax | |||||||||||||||
| Stock | |||||||||||||||
| Debtors | -450 | -934 | 1,384 | -307,589 | -309,590 | -6,587 | -618 | -352 | -51,550 | -14,870 | -43,844 | -18,685 | -69,686 | -17,169 | 840,540 |
| Creditors | -72,640 | 72,640 | |||||||||||||
| Accruals and Deferred Income | -3,887 | 2,139 | -72,142 | -21,919 | 22 | 92,128 | -539 | -509 | 5,786 | -9,126 | 4,819 | 3,373 | -27,516 | 517 | 27,933 |
| Deferred Taxes & Provisions | 33,440 | ||||||||||||||
| Cash flow from operations | 64,732 | 37,560 | 50,431 | -570 | -808,353 | ||||||||||
| Investing Activities | |||||||||||||||
| capital expenditure | |||||||||||||||
| Change in Investments | 565,000 | ||||||||||||||
| cash flow from investments | |||||||||||||||
| Financing Activities | |||||||||||||||
| Bank loans | |||||||||||||||
| Group/Directors Accounts | |||||||||||||||
| Other Short Term Loans | |||||||||||||||
| Long term loans | -5,886 | -37,114 | -211,502 | 254,502 | -617,071 | -57,769 | -27,449 | -51,835 | -15,600 | 769,724 | |||||
| Hire Purchase and Lease Commitments | |||||||||||||||
| other long term liabilities | -57,593 | -2,263 | 44,277 | 381 | 971 | 683 | 181,234 | 3,201 | -338,192 | 513,920 | |||||
| share issue | |||||||||||||||
| interest | -12,462 | -12,096 | 147 | 15,804 | -4,554 | ||||||||||
| cash flow from financing | -70,231 | -39,545 | -51,688 | 204 | 967,495 | ||||||||||
| cash and cash equivalents | |||||||||||||||
| cash | -80,105 | 10,676 | -29,688 | 161,964 | 5,331 | -2,375 | 2,367 | 889 | -1,602 | -383 | 1,995 | -426 | 243 | -539 | 762 |
| overdraft | -6,145 | -30,139 | -246,416 | 197,599 | 85,101 | -36,553 | 7,494 | 1,559 | 1,500 | -173 | 26,173 | ||||
| change in cash | -80,105 | 10,676 | -29,688 | 161,964 | 11,476 | 27,764 | 248,783 | -196,710 | -86,703 | 36,170 | -5,499 | -1,985 | -1,257 | -366 | -25,411 |
northwest housing associates limited Credit Report and Business Information
Northwest Housing Associates Limited Competitor Analysis
Perform a competitor analysis for northwest housing associates limited by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other small companies, companies in OL9 area or any other competitors across 12 key performance metrics.
northwest housing associates limited Ownership
NORTHWEST HOUSING ASSOCIATES LIMITED group structure
Northwest Housing Associates Limited has no subsidiary companies.
Ultimate parent company
NORTHWEST HOUSING ASSOCIATES LIMITED
03181896
northwest housing associates limited directors
Northwest Housing Associates Limited currently has 3 directors. The longest serving directors include Ms Christine Tilley (Apr 1996) and Mr Lee Tilley (Apr 1996).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Ms Christine Tilley | United Kingdom | 56 years | Apr 1996 | - | Director |
| Mr Lee Tilley | United Kingdom | 64 years | Apr 1996 | - | Director |
| Mr Alan Rothwell | England | 69 years | Oct 1996 | - | Director |
P&L
April 2024turnover
562.3k
+200%
operating profit
-24.8k
0%
gross margin
72.9%
+0.57%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
April 2024net assets
253k
-0.07%
total assets
634.1k
-0.11%
cash
69.1k
-0.54%
net assets
Total assets minus all liabilities
northwest housing associates limited company details
company number
03181896
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.
incorporation date
April 1996
age
29
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
April 2024
previous names
N/A
accountant
-
auditor
-
address
sterling house, 501 middleton road, oldham, OL9 9LY
Bank
-
Legal Advisor
-
northwest housing 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 13 charges/mortgages relating to northwest housing associates limited. Currently there are 12 open charges and 1 have been satisfied in the past.
northwest housing 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.
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northwest housing associates limited Companies House Filings - See Documents
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