westbridge estates ltd

westbridge estates ltd Company Information

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MatureMicroDeclining

Company Number

04424385

Industry

Buying and selling of own real estate

 

Shareholders

schloime rand

daniel nathan berkowitz & rebecca berkowitz

Group Structure

View All

Contact

Registered Address

10 palm court, queen elizabeths wal, london, N16 5XA

Website

-

westbridge estates ltd Estimated Valuation

£539.4k

Pomanda estimates the enterprise value of WESTBRIDGE ESTATES LTD at £539.4k based on a Turnover of £202.4k and 2.67x industry multiple (adjusted for size and gross margin).

westbridge estates ltd Estimated Valuation

£97.9k

Pomanda estimates the enterprise value of WESTBRIDGE ESTATES LTD at £97.9k based on an EBITDA of £16.1k and a 6.08x industry multiple (adjusted for size and gross margin).

westbridge estates ltd Estimated Valuation

£58.9k

Pomanda estimates the enterprise value of WESTBRIDGE ESTATES LTD at £58.9k based on Net Assets of £36.6k and 1.61x industry multiple (adjusted for liquidity).

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Westbridge Estates Ltd Overview

Westbridge Estates Ltd is a live company located in london, N16 5XA with a Companies House number of 04424385. It operates in the buying and selling of own real estate sector, SIC Code 68100. Founded in April 2002, it's largest shareholder is schloime rand with a 50% stake. Westbridge Estates Ltd is a mature, micro sized company, Pomanda has estimated its turnover at £202.4k with declining growth in recent years.

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Westbridge Estates Ltd Health Check

Pomanda's financial health check has awarded Westbridge Estates Ltd a 2 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 7 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating2out of 5
positive_score

2 Strong

positive_score

2 Regular

positive_score

7 Weak

size

Size

annual sales of £202.4k, make it smaller than the average company (£894.4k)

£202.4k - Westbridge Estates Ltd

£894.4k - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -20%, show it is growing at a slower rate (2.1%)

-20% - Westbridge Estates Ltd

2.1% - Industry AVG

production

Production

with a gross margin of 66.8%, this company has a comparable cost of product (66.8%)

66.8% - Westbridge Estates Ltd

66.8% - Industry AVG

profitability

Profitability

an operating margin of 8% make it less profitable than the average company (36.2%)

8% - Westbridge Estates Ltd

36.2% - Industry AVG

employees

Employees

with 3 employees, this is below the industry average (4)

3 - Westbridge Estates Ltd

4 - Industry AVG

paystructure

Pay Structure

on an average salary of £36k, the company has an equivalent pay structure (£36k)

£36k - Westbridge Estates Ltd

£36k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £67.5k, this is less efficient (£203.7k)

£67.5k - Westbridge Estates Ltd

£203.7k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 11 days, this is earlier than average (26 days)

11 days - Westbridge Estates Ltd

26 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 24 days, this is quicker than average (30 days)

24 days - Westbridge Estates Ltd

30 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Westbridge Estates Ltd

- - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 23 weeks, this is more cash available to meet short term requirements (8 weeks)

23 weeks - Westbridge Estates Ltd

8 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 72.4%, this is a higher level of debt than the average (63.6%)

72.4% - Westbridge Estates Ltd

63.6% - Industry AVG

WESTBRIDGE ESTATES LTD financials

EXPORTms excel logo

Westbridge Estates Ltd's latest turnover from March 2023 is estimated at £202.4 thousand and the company has net assets of £36.6 thousand. According to their latest financial statements, Westbridge Estates Ltd has 3 employees and maintains cash reserves of £43 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Turnover202,388257,920255,595400,429244,978223,061435,206160,0341,392,8751,495,8931,428,8831,405,7581,815,0801,621,916
Other Income Or Grants00000000000000
Cost Of Sales67,15687,15682,738126,01275,21271,445141,26051,305518,687609,933535,643502,596642,096601,798
Gross Profit135,232170,765172,857274,417169,766151,616293,947108,729874,187885,959893,240903,1611,172,9841,020,118
Admin Expenses119,120157,828171,020275,671169,895147,058313,1251,101872,484885,701892,293903,2191,173,3381,020,785
Operating Profit16,11212,9371,837-1,254-1294,558-19,178107,6281,703258947-58-354-667
Interest Payable00000000000000
Interest Receivable1,8092263957301727968691711
Pre-Tax Profit17,92113,1631,877-1,1971724,631-19,171107,6381,709266953-49-337-656
Tax-3,405-2,501-3570-33-8800-21,527-359-61-229000
Profit After Tax14,51610,6621,520-1,1971393,751-19,17186,1101,350205724-49-337-656
Dividends Paid00000000000000
Retained Profit14,51610,6621,520-1,1971393,751-19,17186,1101,350205724-49-337-656
Employee Costs108,070109,235107,438116,45777,33870,216139,17037,650210,263249,553233,467229,375303,048295,945
Number Of Employees33332241677799
EBITDA*16,11212,9371,837-1,254-1294,558-19,178107,6281,703258947-58-354-667

* Earnings Before Interest, Tax, Depreciation and Amortisation

Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Tangible Assets00000000000000
Intangible Assets00000000000000
Investments & Other80,00175,00175,00175,00175,00175,00175,001135,989135,988135,988135,988135,988135,988135,988
Debtors (Due After 1 year)00000000000000
Total Fixed Assets80,00175,00175,00175,00175,00175,00175,001135,989135,988135,988135,988135,988135,988135,988
Stock & work in progress00000000000000
Trade Debtors6,1105,3706,73616,50814,90713,34413,14011,062123,320126,137125,978124,167161,387159,287
Group Debtors3,39315,05023,28531,82243,37353,26359,99959,999000000
Misc Debtors1111111112,739000000
Cash43,00042,13118,02360,86553,40526,8752,1093,1245821,7441,5149092,5414,433
misc current assets00000000000000
total current assets52,50462,55248,045109,196111,68693,48375,249186,924123,902127,881127,492125,076163,928163,720
total assets132,505137,553123,046184,197186,687168,484150,250322,913259,890263,869263,480261,064299,916299,708
Bank overdraft00000000000000
Bank loan00000000000000
Trade Creditors 4,5600000000258,651263,980263,796262,104300,908300,363
Group/Directors Accounts00000000000000
other short term finances00000000000000
hp & lease commitments00000000000000
other current liabilities91,364115,488111,643174,314175,607157,543143,060235,564000000
total current liabilities95,924115,488111,643174,314175,607157,543143,060235,564258,651263,980263,796262,104300,908300,363
loans00000000000000
hp & lease commitments00000000000000
Accruals and Deferred Income00000000000000
other liabilities00000000000000
provisions00000000000000
total long term liabilities00000000000000
total liabilities95,924115,488111,643174,314175,607157,543143,060235,564258,651263,980263,796262,104300,908300,363
net assets36,58122,06511,4039,88311,08010,9417,19087,3491,239-111-316-1,040-992-655
total shareholders funds36,58122,06511,4039,88311,08010,9417,19087,3491,239-111-316-1,040-992-655
Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Operating Activities
Operating Profit16,11212,9371,837-1,254-1294,558-19,178107,6281,703258947-58-354-667
Depreciation00000000000000
Amortisation00000000000000
Tax-3,405-2,501-3570-33-8800-21,527-359-61-229000
Stock00000000000000
Debtors-10,917-9,601-18,309-9,950-8,327-6,532-110,66060,480-2,8171591,811-37,2202,100159,287
Creditors4,560000000-258,651-5,3291841,692-38,804545300,363
Accruals and Deferred Income-24,1243,845-62,671-1,29318,06414,483-92,504235,564000000
Deferred Taxes & Provisions00000000000000
Cash flow from operations4,06023,882-42,8827,40326,22924,693-1,0222,534-1,168222599-1,642-1,909140,409
Investing Activities
capital expenditure00000000000000
Change in Investments5,00000000-60,988100000135,988
cash flow from investments-5,0000000060,988-100000-135,988
Financing Activities
Bank loans00000000000000
Group/Directors Accounts00000000000000
Other Short Term Loans 00000000000000
Long term loans00000000000000
Hire Purchase and Lease Commitments00000000000000
other long term liabilities00000000000000
share issue000000-60,9880000101
interest1,8092263957301727968691711
cash flow from financing1,809226395730172-60,9819686101712
cash and cash equivalents
cash86924,108-42,8427,46026,53024,766-1,0152,542-1,162230605-1,632-1,8924,433
overdraft00000000000000
change in cash86924,108-42,8427,46026,53024,766-1,0152,542-1,162230605-1,632-1,8924,433

westbridge estates ltd Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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Westbridge Estates Ltd Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for westbridge estates ltd by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other micro companies, companies in N16 area or any other competitors across 12 key performance metrics.

westbridge estates ltd Ownership

WESTBRIDGE ESTATES LTD group structure

Westbridge Estates Ltd has 1 subsidiary company.

Ultimate parent company

WESTBRIDGE ESTATES LTD

04424385

1 subsidiary

WESTBRIDGE ESTATES LTD Shareholders

schloime rand 50%
daniel nathan berkowitz & rebecca berkowitz 50%

westbridge estates ltd directors

Westbridge Estates Ltd currently has 3 directors. The longest serving directors include Mr Schloime Rand (Apr 2002) and Mrs Rebecca Berkowitz (Sep 2019).

officercountryagestartendrole
Mr Schloime Rand60 years Apr 2002- Director
Mrs Rebecca BerkowitzEngland59 years Sep 2019- Director
Mr Daniel BerkowitzEngland60 years Sep 2019- Director

P&L

March 2023

turnover

202.4k

-22%

operating profit

16.1k

0%

gross margin

66.9%

+0.92%

turnover

Turnover, or revenue, is the amount of sales generated by a company within the financial year.

Balance Sheet

March 2023

net assets

36.6k

+0.66%

total assets

132.5k

-0.04%

cash

43k

+0.02%

net assets

Total assets minus all liabilities

westbridge estates ltd company details

company number

04424385

Type

Private limited with Share Capital

industry

68100 - Buying and selling of own real estate

incorporation date

April 2002

age

22

incorporated

UK

ultimate parent company

None

accounts

Total Exemption Full

last accounts submitted

March 2023

previous names

N/A

accountant

MARTIN & HELLER

auditor

-

address

10 palm court, queen elizabeths wal, london, N16 5XA

Bank

-

Legal Advisor

-

westbridge estates ltd 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 westbridge estates ltd.

westbridge estates ltd 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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westbridge estates ltd Companies House Filings - See Documents

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