westside partnership limited

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westside partnership limited Company Information

Share WESTSIDE PARTNERSHIP LIMITED
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EstablishedMicroDeclining

Company Number

05531474

Registered Address

quayside tower, 252-260 broad street, birmingham, B1 2HF

Industry

Other business support service activities n.e.c.

 

Telephone

01214391923

Next Accounts Due

December 2024

Group Structure

View All

Directors

Narinder Rai10 Years

Amy Langham9 Years

View All

Shareholders

-0%

westside partnership limited Estimated Valuation

£225.9k

Pomanda estimates the enterprise value of WESTSIDE PARTNERSHIP LIMITED at £225.9k based on a Turnover of £394.7k and 0.57x industry multiple (adjusted for size and gross margin).

westside partnership limited Estimated Valuation

£0

Pomanda estimates the enterprise value of WESTSIDE PARTNERSHIP LIMITED at £0 based on an EBITDA of £-85.9k and a 4.37x industry multiple (adjusted for size and gross margin).

westside partnership limited Estimated Valuation

£1.1m

Pomanda estimates the enterprise value of WESTSIDE PARTNERSHIP LIMITED at £1.1m based on Net Assets of £412.6k and 2.58x industry multiple (adjusted for liquidity).

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Westside Partnership Limited Overview

Westside Partnership Limited is a live company located in birmingham, B1 2HF with a Companies House number of 05531474. It operates in the other business support service activities n.e.c. sector, SIC Code 82990. Founded in August 2005, it's largest shareholder is unknown. Westside Partnership Limited is a established, micro sized company, Pomanda has estimated its turnover at £394.7k with declining growth in recent years.

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Westside Partnership Limited Health Check

Pomanda's financial health check has awarded Westside Partnership Limited a 4 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

Health Check Image
Health Rating4out of 5
positive_score

4 Strong

positive_score

2 Regular

positive_score

5 Weak

size

Size

annual sales of £394.7k, make it smaller than the average company (£3m)

£394.7k - Westside Partnership Limited

£3m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -6%, show it is growing at a slower rate (4%)

-6% - Westside Partnership Limited

4% - Industry AVG

production

Production

with a gross margin of 38.8%, this company has a comparable cost of product (38.8%)

38.8% - Westside Partnership Limited

38.8% - Industry AVG

profitability

Profitability

an operating margin of -21.8% make it less profitable than the average company (6.5%)

-21.8% - Westside Partnership Limited

6.5% - Industry AVG

employees

Employees

with 5 employees, this is below the industry average (20)

5 - Westside Partnership Limited

20 - Industry AVG

paystructure

Pay Structure

on an average salary of £43.6k, the company has an equivalent pay structure (£43.6k)

£43.6k - Westside Partnership Limited

£43.6k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £78.9k, this is less efficient (£137k)

£78.9k - Westside Partnership Limited

£137k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 11 days, this is earlier than average (39 days)

11 days - Westside Partnership Limited

39 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 111 days, this is slower than average (34 days)

111 days - Westside Partnership Limited

34 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Westside Partnership Limited

- - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 162 weeks, this is more cash available to meet short term requirements (28 weeks)

162 weeks - Westside Partnership Limited

28 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 30.1%, this is a lower level of debt than the average (60.4%)

30.1% - Westside Partnership Limited

60.4% - Industry AVG

WESTSIDE PARTNERSHIP LIMITED financials

EXPORTms excel logo

Westside Partnership Limited's latest turnover from March 2023 is estimated at £394.7 thousand and the company has net assets of £412.6 thousand. According to their latest financial statements, Westside Partnership Limited has 5 employees and maintains cash reserves of £555.8 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
Turnover394,681346,964340,485481,217391,192472,174429,160243,3511,186,6351,076,366435,125432,222593,145471,757
Other Income Or Grants00000000000000
Cost Of Sales241,644214,580213,721298,738243,614292,572261,338151,172750,592686,095275,497266,247355,987281,167
Gross Profit153,036132,384126,764182,479147,578179,603167,82292,179436,043390,271159,628165,975237,158190,590
Admin Expenses238,9809,141168,588179,254131,73968,33737,727-32,939386,867427,043133,650-204,414854,128217,803
Operating Profit-85,944123,243-41,8243,22515,839111,266130,095125,11849,176-36,77225,978370,389-616,970-27,213
Interest Payable00000000000000
Interest Receivable24,6864,4725074533,4171,9407801,3471,046633217303307245
Pre-Tax Profit-61,258127,715-41,3173,67819,256113,206130,875126,46550,222-36,13926,19562,136-23,518-26,968
Tax0-24,2660-699-3,659-21,509-26,175-25,293-10,5470-43-61-64-55
Profit After Tax-61,258103,449-41,3172,97915,59791,697104,700101,17239,675-36,13926,15262,075-23,582-27,023
Dividends Paid00000000000000
Retained Profit-61,258103,449-41,3172,97915,59791,697104,700101,17239,675-36,13926,15262,075-23,582-27,023
Employee Costs217,969207,841200,000276,887230,281217,350213,13171,319356,109317,966139,200138,818171,256141,200
Number Of Employees555766621094454
EBITDA*-85,944123,243-41,8243,22515,839111,266130,095125,11849,176-36,77225,978370,389-616,970-27,213

* 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 & Other00000000000000
Debtors (Due After 1 year)00000000000000
Total Fixed Assets00000000000000
Stock & work in progress00000000000000
Trade Debtors12,29410,35029,76046,23321,03150,57348,48534,22394,24998,980163,256000
Group Debtors00000000000000
Misc Debtors22,49717,774020,29529,38911,08815,4555,96900059,62313,12693,865
Cash555,817605,899586,620428,202478,014433,137342,914280,874258,078160,21793,12384,06274,33542,985
misc current assets00000000000000
total current assets590,608634,023616,380494,730528,434494,798406,854321,066352,327259,197256,379143,68587,461136,850
total assets590,608634,023616,380494,730528,434494,798406,854321,066352,327259,197256,379143,68587,461136,850
Bank overdraft00000000000000
Bank loan00000000000000
Trade Creditors 73,68765,59925,30719,25544,14435,88819,70223,645256,719203,264164,307022219,688
Group/Directors Accounts00000000000000
other short term finances00000000000000
hp & lease commitments00000000000000
other current liabilities104,29494,539220,63763,72260,51635,73340,67240,64100077,76583,39489,735
total current liabilities177,981160,138245,94482,977104,66071,62160,37464,286256,719203,264164,30777,76583,616109,423
loans00000000000000
hp & lease commitments00000000000000
Accruals and Deferred Income00000000000000
other liabilities000015,00030,00045,00060,000000000
provisions00000000000000
total long term liabilities000015,00030,00045,00060,000000000
total liabilities177,981160,138245,94482,977119,660101,621105,374124,286256,719203,264164,30777,76583,616109,423
net assets412,627473,885370,436411,753408,774393,177301,480196,78095,60855,93392,07265,9203,84527,427
total shareholders funds412,627473,885370,436411,753408,774393,177301,480196,78095,60855,93392,07265,9203,84527,427
Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Operating Activities
Operating Profit-85,944123,243-41,8243,22515,839111,266130,095125,11849,176-36,77225,978370,389-616,970-27,213
Depreciation00000000000000
Amortisation00000000000000
Tax0-24,2660-699-3,659-21,509-26,175-25,293-10,5470-43-61-64-55
Stock00000000000000
Debtors6,667-1,636-36,76816,108-11,241-2,27923,748-54,057-4,731-64,276103,63346,497-80,73993,865
Creditors8,08840,2926,052-24,8898,25616,186-3,943-233,07453,45538,957164,307-222-19,46619,688
Accruals and Deferred Income9,755-126,098156,9153,20624,783-4,9393140,64100-77,765-5,629-6,34189,735
Deferred Taxes & Provisions00000000000000
Cash flow from operations-74,76814,807157,911-35,26556,460103,28376,260-38,55196,81566,4618,844317,980-562,102-11,710
Investing Activities
capital expenditure00000000000000
Change in Investments00000000000000
cash flow from investments00000000000000
Financing Activities
Bank loans00000000000000
Group/Directors Accounts00000000000000
Other Short Term Loans 00000000000000
Long term loans00000000000000
Hire Purchase and Lease Commitments00000000000000
other long term liabilities000-15,000-15,000-15,000-15,00060,000000000
share issue000000000000054,450
interest24,6864,4725074533,4171,9407801,3471,046633217303307245
cash flow from financing24,6864,472507-14,547-11,583-13,060-14,22061,3471,04663321730330754,695
cash and cash equivalents
cash-50,08219,279158,418-49,81244,87790,22362,04022,79697,86167,0949,0619,72731,35042,985
overdraft00000000000000
change in cash-50,08219,279158,418-49,81244,87790,22362,04022,79697,86167,0949,0619,72731,35042,985

westside partnership limited 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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Westside Partnership Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for westside partnership limited by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other micro companies, companies in B 1 area or any other competitors across 12 key performance metrics.

westside partnership limited Ownership

WESTSIDE PARTNERSHIP LIMITED group structure

Westside Partnership Limited has no subsidiary companies.

Ultimate parent company

WESTSIDE PARTNERSHIP LIMITED

05531474

WESTSIDE PARTNERSHIP LIMITED Shareholders

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westside partnership limited directors

Westside Partnership Limited currently has 11 directors. The longest serving directors include Mr Narinder Rai (May 2014) and Miss Amy Langham (Aug 2015).

officercountryagestartendrole
Mr Narinder RaiEngland51 years May 2014- Director
Miss Amy LanghamEngland44 years Aug 2015- Director
Mr Allan BoyleEngland56 years Aug 2015- Director
Mr Mark HolbecheEngland50 years Apr 2017- Director
Sir Albert BoreEngland78 years Jan 2018- Director
Mr Paul Hughes71 years Aug 2020- Director
Mrs Naomi Edwards29 years Apr 2023- Director
Councillor Jayne FrancisEngland67 years Feb 2024- Director
Miss Rosanna MeyerEngland43 years May 2024- Director
Mr Christopher BeethamEngland42 years Aug 2024- Director

P&L

March 2023

turnover

394.7k

+14%

operating profit

-85.9k

0%

gross margin

38.8%

+1.62%

turnover

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

Balance Sheet

March 2023

net assets

412.6k

-0.13%

total assets

590.6k

-0.07%

cash

555.8k

-0.08%

net assets

Total assets minus all liabilities

westside partnership limited company details

company number

05531474

Type

Private Ltd By Guarantee w/o Share Cap

industry

82990 - Other business support service activities n.e.c.

incorporation date

August 2005

age

19

incorporated

UK

ultimate parent company

None

accounts

Small Company

last accounts submitted

March 2023

previous names

broad street partnership limited (September 2015)

accountant

LANCASTER HASKINS LIMITED

auditor

-

address

quayside tower, 252-260 broad street, birmingham, B1 2HF

Bank

-

Legal Advisor

-

westside partnership 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 westside partnership limited.

charges

westside partnership limited Companies House Filings - See Documents

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