westgate motors baildon limited
westgate motors baildon limited Company Information
Company Number
04773578
Website
-Registered Address
3 birch cliff, west lane baildon, shipley, west yorkshire, BD17 5TR
Industry
Financial leasing
Telephone
01274598828
Next Accounts Due
September 2024
Group Structure
View All
Directors
Michael Long21 Years
Shareholders
glynis m. long 50%
michael long 50%
westgate motors baildon limited Estimated Valuation
Pomanda estimates the enterprise value of WESTGATE MOTORS BAILDON LIMITED at £768.5k based on a Turnover of £432.9k and 1.78x industry multiple (adjusted for size and gross margin).
westgate motors baildon limited Estimated Valuation
Pomanda estimates the enterprise value of WESTGATE MOTORS BAILDON LIMITED at £0 based on an EBITDA of £-84.8k and a 4.9x industry multiple (adjusted for size and gross margin).
westgate motors baildon limited Estimated Valuation
Pomanda estimates the enterprise value of WESTGATE MOTORS BAILDON LIMITED at £56 based on Net Assets of £100 and 0.57x industry multiple (adjusted for liquidity).
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Westgate Motors Baildon Limited Overview
Westgate Motors Baildon Limited is a dissolved company that was located in shipley, BD17 5TR with a Companies House number of 04773578. It operated in the financial leasing sector, SIC Code 64910. Founded in May 2003, it's largest shareholder was glynis m. long with a 50% stake. The last turnover for Westgate Motors Baildon Limited was estimated at £432.9k.
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Westgate Motors Baildon Limited Health Check
Pomanda's financial health check has awarded Westgate Motors Baildon Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 5 areas for improvement. Company Health Check FAQs
2 Strong
3 Regular
5 Weak
Size
annual sales of £432.9k, make it smaller than the average company (£3.8m)
- Westgate Motors Baildon Limited
£3.8m - Industry AVG
Growth
3 year (CAGR) sales growth of 173%, show it is growing at a faster rate (4.6%)
- Westgate Motors Baildon Limited
4.6% - Industry AVG
Production
with a gross margin of 55.4%, this company has a comparable cost of product (55.4%)
- Westgate Motors Baildon Limited
55.4% - Industry AVG
Profitability
an operating margin of -21.1% make it less profitable than the average company (24.3%)
- Westgate Motors Baildon Limited
24.3% - Industry AVG
Employees
with 2 employees, this is below the industry average (14)
2 - Westgate Motors Baildon Limited
14 - Industry AVG
Pay Structure
on an average salary of £64.6k, the company has an equivalent pay structure (£64.6k)
- Westgate Motors Baildon Limited
£64.6k - Industry AVG
Efficiency
resulting in sales per employee of £216.5k, this is less efficient (£351.4k)
- Westgate Motors Baildon Limited
£351.4k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Westgate Motors Baildon Limited
- - Industry AVG
Creditor Days
its suppliers are paid after 0 days, this is quicker than average (50 days)
- Westgate Motors Baildon Limited
50 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Westgate Motors Baildon Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 49 weeks, this is more cash available to meet short term requirements (6 weeks)
49 weeks - Westgate Motors Baildon Limited
6 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 98.7%, this is a similar level of debt than the average (90.4%)
98.7% - Westgate Motors Baildon Limited
90.4% - Industry AVG
WESTGATE MOTORS BAILDON LIMITED financials
Westgate Motors Baildon Limited's latest turnover from November 2018 is estimated at £432.9 thousand and the company has net assets of £100. According to their latest financial statements, Westgate Motors Baildon Limited has 2 employees and maintains cash reserves of £7 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Nov 2018 | May 2017 | May 2016 | May 2015 | May 2014 | May 2013 | May 2012 | May 2011 | May 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 | ||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Nov 2018 | May 2017 | May 2016 | May 2015 | May 2014 | May 2013 | May 2012 | May 2011 | May 2010 | |
|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 0 | 19,822 | 17,297 | 29,133 | 63,644 | 121,661 | 269,019 | 241,176 | 251,629 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 15,572 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 0 | 19,822 | 32,869 | 29,133 | 63,644 | 121,661 | 269,019 | 241,176 | 251,629 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 4,530 | 17,953 | 0 | 0 | 27,609 |
| Trade Debtors | 0 | 3,523 | 512 | 10,413 | 567,919 | 393,786 | 307,486 | 292,399 | 359,654 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 458 | 10,507 | 41,530 | 139,463 | 0 | 0 | 0 | 0 | 0 |
| Cash | 6,996 | 117,019 | 55,027 | 126,157 | 17,061 | 83,999 | 106,093 | 134,102 | 70,224 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 7,454 | 131,049 | 97,069 | 276,033 | 589,510 | 495,738 | 413,579 | 426,501 | 457,487 |
| total assets | 7,454 | 150,871 | 129,938 | 305,166 | 653,154 | 617,399 | 682,598 | 667,677 | 709,116 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 1 | 1 | 1,241 | 917 | 352,555 | 335,562 | 351,321 | 328,036 | 382,712 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 7,353 | 58,393 | 4,388 | 7,636 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 7,354 | 58,394 | 5,629 | 8,553 | 352,555 | 335,562 | 351,321 | 328,036 | 382,712 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 124,215 | 215,000 | 215,000 | 215,000 | 215,000 | 227,883 |
| provisions | 0 | 1,500 | 3,375 | 11,600 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 1,500 | 3,375 | 135,815 | 215,000 | 215,000 | 215,000 | 215,000 | 227,883 |
| total liabilities | 7,354 | 59,894 | 9,004 | 144,368 | 567,555 | 550,562 | 566,321 | 543,036 | 610,595 |
| net assets | 100 | 90,977 | 120,934 | 160,798 | 85,599 | 66,837 | 116,277 | 124,641 | 98,521 |
| total shareholders funds | 100 | 90,977 | 120,934 | 160,798 | 85,599 | 66,837 | 116,277 | 124,641 | 98,521 |
| Nov 2018 | May 2017 | May 2016 | May 2015 | May 2014 | May 2013 | May 2012 | May 2011 | May 2010 | |
|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||
| Operating Profit | |||||||||
| Depreciation | 6,541 | 4,617 | 7,267 | 6,543 | 56,350 | 83,392 | 118,183 | 97,684 | 107,577 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | |||||||||
| Stock | 0 | 0 | 0 | -4,530 | -13,423 | 17,953 | 0 | -27,609 | 27,609 |
| Debtors | -13,572 | -43,584 | -92,262 | -418,043 | 174,133 | 86,300 | 15,087 | -67,255 | 359,654 |
| Creditors | 0 | -1,240 | 324 | -351,638 | 16,993 | -15,759 | 23,285 | -54,676 | 382,712 |
| Accruals and Deferred Income | -51,040 | 54,005 | -3,248 | 7,636 | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | -1,500 | -1,875 | -8,225 | 11,600 | 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 |
| cash flow from investments | |||||||||
| Financing Activities | |||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | -124,215 | -90,785 | 0 | 0 | 0 | -12,883 | 227,883 |
| share issue | |||||||||
| interest | |||||||||
| cash flow from financing | |||||||||
| cash and cash equivalents | |||||||||
| cash | -110,023 | 61,992 | -71,130 | 109,096 | -66,938 | -22,094 | -28,009 | 63,878 | 70,224 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -110,023 | 61,992 | -71,130 | 109,096 | -66,938 | -22,094 | -28,009 | 63,878 | 70,224 |
westgate motors baildon limited Credit Report and Business Information
Westgate Motors Baildon Limited Competitor Analysis
Perform a competitor analysis for westgate motors baildon limited by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other undefined companies, companies in BD17 area or any other competitors across 12 key performance metrics.
westgate motors baildon limited Ownership
WESTGATE MOTORS BAILDON LIMITED group structure
Westgate Motors Baildon Limited has no subsidiary companies.
Ultimate parent company
WESTGATE MOTORS BAILDON LIMITED
04773578
westgate motors baildon limited directors
Westgate Motors Baildon Limited currently has 1 director, Mr Michael Long serving since Jun 2003.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Michael Long | 70 years | Jun 2003 | - | Director |
P&L
November 2018turnover
432.9k
+55%
operating profit
-91.3k
0%
gross margin
55.5%
+4.91%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
November 2018net assets
100
-1%
total assets
7.5k
-0.95%
cash
7k
-0.94%
net assets
Total assets minus all liabilities
Similar Companies
westgate motors baildon limited company details
company number
04773578
Type
Private limited with Share Capital
industry
64910 - Financial leasing
incorporation date
May 2003
age
21
incorporated
UK
accounts
Total Exemption Full
ultimate parent company
previous names
N/A
last accounts submitted
November 2018
address
3 birch cliff, west lane baildon, shipley, west yorkshire, BD17 5TR
accountant
HOLMES & CO ACCOUNTANTS LLP
auditor
-
westgate motors baildon 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 westgate motors baildon limited.
westgate motors baildon limited Companies House Filings - See Documents
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