westwood forest products limited Company Information
Company Number
03494249
Website
www.westwoodfp.comRegistered Address
oak trees, 117 henley road, ipswich suffolk, IP1 4NL
Industry
Wholesale of wood, construction materials and sanitary equipment
Telephone
01473287827
Next Accounts Due
October 2024
Group Structure
View All
Directors
Basil Tenwick26 Years
Shareholders
mrs angela carolyn tenwick 50%
basil frederick tenwick 50%
westwood forest products limited Estimated Valuation
Pomanda estimates the enterprise value of WESTWOOD FOREST PRODUCTS LIMITED at £224.8k based on a Turnover of £686.2k and 0.33x industry multiple (adjusted for size and gross margin).
westwood forest products limited Estimated Valuation
Pomanda estimates the enterprise value of WESTWOOD FOREST PRODUCTS LIMITED at £0 based on an EBITDA of £-12.5k and a 3.33x industry multiple (adjusted for size and gross margin).
westwood forest products limited Estimated Valuation
Pomanda estimates the enterprise value of WESTWOOD FOREST PRODUCTS LIMITED at £307.9k based on Net Assets of £156.2k and 1.97x industry multiple (adjusted for liquidity).
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Westwood Forest Products Limited Overview
Westwood Forest Products Limited is a dissolved company that was located in ipswich suffolk, IP1 4NL with a Companies House number of 03494249. It operated in the wholesale of wood, construction materials and sanitary equipment sector, SIC Code 46730. Founded in January 1998, it's largest shareholder was mrs angela carolyn tenwick with a 50% stake. The last turnover for Westwood Forest Products Limited was estimated at £686.2k.
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Westwood Forest Products Limited Health Check
Pomanda's financial health check has awarded Westwood Forest Products Limited a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 5 areas for improvement. Company Health Check FAQs
4 Strong
3 Regular
5 Weak
Size
annual sales of £686.2k, make it smaller than the average company (£15.4m)
- Westwood Forest Products Limited
£15.4m - Industry AVG
Growth
3 year (CAGR) sales growth of 3%, show it is growing at a slower rate (4.7%)
- Westwood Forest Products Limited
4.7% - Industry AVG
Production
with a gross margin of 23.8%, this company has a comparable cost of product (23.8%)
- Westwood Forest Products Limited
23.8% - Industry AVG
Profitability
an operating margin of -1.9% make it less profitable than the average company (3.6%)
- Westwood Forest Products Limited
3.6% - Industry AVG
Employees
with 2 employees, this is below the industry average (49)
2 - Westwood Forest Products Limited
49 - Industry AVG
Pay Structure
on an average salary of £35.2k, the company has an equivalent pay structure (£35.2k)
- Westwood Forest Products Limited
£35.2k - Industry AVG
Efficiency
resulting in sales per employee of £343.1k, this is equally as efficient (£301k)
- Westwood Forest Products Limited
£301k - Industry AVG
Debtor Days
it gets paid by customers after 89 days, this is later than average (55 days)
- Westwood Forest Products Limited
55 days - Industry AVG
Creditor Days
its suppliers are paid after 69 days, this is slower than average (47 days)
- Westwood Forest Products Limited
47 days - Industry AVG
Stock Days
it holds stock equivalent to 29 days, this is less than average (64 days)
- Westwood Forest Products Limited
64 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 30 weeks, this is more cash available to meet short term requirements (5 weeks)
30 weeks - Westwood Forest Products Limited
5 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 46.8%, this is a lower level of debt than the average (54.6%)
46.8% - Westwood Forest Products Limited
54.6% - Industry AVG
WESTWOOD FOREST PRODUCTS LIMITED financials
Westwood Forest Products Limited's latest turnover from March 2019 is estimated at £686.2 thousand and the company has net assets of £156.2 thousand. According to their latest financial statements, Westwood Forest Products Limited has 2 employees and maintains cash reserves of £81.6 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 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 | 2 | 2 | 2 | 2 | ||||||
EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
---|---|---|---|---|---|---|---|---|---|---|
Tangible Assets | 0 | 238 | 593 | 1,310 | 1,270 | 5,352 | 11,539 | 17,800 | 25,357 | 13,548 |
Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 4,265 |
Total Fixed Assets | 0 | 238 | 593 | 1,310 | 1,270 | 5,352 | 11,539 | 17,800 | 25,357 | 17,813 |
Stock & work in progress | 42,689 | 47,474 | 86,500 | 62,184 | 95,458 | 117,512 | 101,096 | 153,152 | 104,613 | 117,685 |
Trade Debtors | 168,768 | 229,467 | 145,841 | 162,752 | 270,187 | 280,248 | 362,644 | 419,239 | 436,404 | 361,985 |
Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Misc Debtors | 431 | 407 | 872 | 882 | 0 | 0 | 0 | 0 | 0 | 0 |
Cash | 81,581 | 43,453 | 90,870 | 98,979 | 29,506 | 15,633 | 15,541 | 15,378 | 15,213 | 15,033 |
misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total current assets | 293,469 | 320,801 | 324,083 | 324,797 | 395,151 | 413,393 | 479,281 | 587,769 | 556,230 | 494,703 |
total assets | 293,469 | 321,039 | 324,676 | 326,107 | 396,421 | 418,745 | 490,820 | 605,569 | 581,587 | 512,516 |
Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Trade Creditors | 98,982 | 107,632 | 107,014 | 74,067 | 173,841 | 211,717 | 270,656 | 369,889 | 342,376 | 296,316 |
Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other current liabilities | 38,266 | 44,897 | 36,262 | 36,186 | 0 | 0 | 0 | 0 | 0 | 0 |
total current liabilities | 137,248 | 152,529 | 143,276 | 110,253 | 173,841 | 211,717 | 270,656 | 369,889 | 342,376 | 296,316 |
loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1,117 | 4,378 | 15,333 |
provisions | 0 | 0 | 0 | 8 | 0 | 0 | 0 | 0 | 0 | 0 |
total long term liabilities | 0 | 0 | 0 | 8 | 0 | 0 | 0 | 1,117 | 4,378 | 15,333 |
total liabilities | 137,248 | 152,529 | 143,276 | 110,261 | 173,841 | 211,717 | 270,656 | 371,006 | 346,754 | 311,649 |
net assets | 156,221 | 168,510 | 181,400 | 215,846 | 222,580 | 207,028 | 220,164 | 234,563 | 234,833 | 200,867 |
total shareholders funds | 156,221 | 168,510 | 181,400 | 215,846 | 222,580 | 207,028 | 220,164 | 234,563 | 234,833 | 200,867 |
Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
---|---|---|---|---|---|---|---|---|---|---|
Operating Activities | ||||||||||
Operating Profit | ||||||||||
Depreciation | 238 | 354 | 718 | 1,021 | 1,054 | 8,002 | 7,594 | 7,687 | 4,763 | 10,577 |
Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Tax | ||||||||||
Stock | -4,785 | -39,026 | 24,316 | -33,274 | -22,054 | 16,416 | -52,056 | 48,539 | -13,072 | 117,685 |
Debtors | -60,675 | 83,161 | -16,921 | -106,553 | -10,061 | -82,396 | -56,595 | -17,165 | 70,154 | 366,250 |
Creditors | -8,650 | 618 | 32,947 | -99,774 | -37,876 | -58,939 | -99,233 | 27,513 | 46,060 | 296,316 |
Accruals and Deferred Income | -6,631 | 8,635 | 76 | 36,186 | 0 | 0 | 0 | 0 | 0 | 0 |
Deferred Taxes & Provisions | 0 | 0 | -8 | 8 | 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 |
cash flow from investments | ||||||||||
Financing Activities | ||||||||||
Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Long term loans | 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 |
other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | -1,117 | -3,261 | -10,955 | 15,333 |
share issue | ||||||||||
interest | ||||||||||
cash flow from financing | ||||||||||
cash and cash equivalents | ||||||||||
cash | 38,128 | -47,417 | -8,109 | 69,473 | 13,873 | 92 | 163 | 165 | 180 | 15,033 |
overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
change in cash | 38,128 | -47,417 | -8,109 | 69,473 | 13,873 | 92 | 163 | 165 | 180 | 15,033 |
westwood forest products limited Credit Report and Business Information
Westwood Forest Products Limited Competitor Analysis
Perform a competitor analysis for westwood forest products limited by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other undefined companies, companies in IP1 area or any other competitors across 12 key performance metrics.
westwood forest products limited Ownership
WESTWOOD FOREST PRODUCTS LIMITED group structure
Westwood Forest Products Limited has no subsidiary companies.
Ultimate parent company
WESTWOOD FOREST PRODUCTS LIMITED
03494249
westwood forest products limited directors
Westwood Forest Products Limited currently has 1 director, Mr Basil Tenwick serving since Jan 1998.
officer | country | age | start | end | role |
---|---|---|---|---|---|
Mr Basil Tenwick | United Kingdom | 76 years | Jan 1998 | - | Director |
P&L
March 2019turnover
686.2k
-20%
operating profit
-12.8k
0%
gross margin
23.9%
+1.78%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2019net assets
156.2k
-0.07%
total assets
293.5k
-0.09%
cash
81.6k
+0.88%
net assets
Total assets minus all liabilities
westwood forest products limited company details
company number
03494249
Type
Private limited with Share Capital
industry
46730 - Wholesale of wood, construction materials and sanitary equipment
incorporation date
January 1998
age
26
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
March 2019
previous names
N/A
accountant
BDO LLP
auditor
-
address
oak trees, 117 henley road, ipswich suffolk, IP1 4NL
Bank
-
Legal Advisor
-
westwood forest products 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 westwood forest products limited. Currently there are 2 open charges and 1 have been satisfied in the past.
westwood forest products limited Companies House Filings - See Documents
date | description | view/download |
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