Western Park Grocers Limited

POWER SEARCH PRICING

SOLUTIONS

western park grocers limited Company Information

Dissolved

Company Number

05535589

Website

Registered Address

the gatehouse, 453 cranbrook road, ilford, essex, IG2 6EW

Industry

Retail sale in non-specialised stores with food, beverages or tobacco predominating

Telephone

Next Accounts Due

September 2024

Group Structure

View All

Directors

Jaswant Gosal19 Years

Shareholders

parmjit kaur gosal 50%

jaswant singh gosal 50%

western park grocers limited Estimated Valuation

£43.9k

Pomanda estimates the enterprise value of WESTERN PARK GROCERS LIMITED at £43.9k based on Net Assets of £19.2k and 2.29x industry multiple (adjusted for liquidity).

Edit your figures and get a professional valuation report.

Western Park Grocers Limited is a dissolved company that was located in ilford, IG2 6EW with a Companies House number of 05535589. It operated in the retail sale in non-specialised stores with food, beverages or tobacco predominating sector, SIC Code 47110. Founded in August 2005, it's largest shareholder was parmjit kaur gosal with a 50% stake. The last turnover for Western Park Grocers Limited was estimated at £102.7k.

View Sample

Upgrade for unlimited company reports & a free credit check

Pomanda's financial health check has awarded Western Park Grocers Limited a 3 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 Rating3out of 5

2 Strong

2 Regular

7 Weak

Size

annual sales of £102.7k, make it smaller than the average company (£837.7k)

Growth

3 year (CAGR) sales growth of -37%, show it is growing at a slower rate (1.8%)

EXPORT

Western Park Grocers Limited's latest turnover from November 2021 is estimated at £102.7 thousand and the company has net assets of £19.2 thousand. According to their latest financial statements, Western Park Grocers Limited has 3 employees and maintains cash reserves of £11.3 thousand as reported in the balance sheet.

Data source: Companies House, Pomanda Estimates

	Nov 2021	Aug 2020	Aug 2019	Aug 2018	Aug 2017	Aug 2016	Aug 2015	Aug 2014	Aug 2013	Aug 2012	Aug 2011	Aug 2010	Aug 2009
Turnover	102,729	199,698	293,062	416,463	776,280	351,665	289,571	342,821	384,125	359,051	251,141	301,356	0
Other Income Or Grants	0	0	0	0	0	0	0	0	0	0	0	0	0
Cost Of Sales	87,091	167,107	245,862	351,676	648,928	294,081	240,099	287,483	322,508	301,294	208,624	251,100	0
Gross Profit	15,638	32,590	47,200	64,787	127,352	57,584	49,472	55,338	61,617	57,756	42,517	50,255	0
Admin Expenses	11,370	30,755	48,569	69,570	123,620	69,558	37,574	32,569	34,922	29,944	28,949	59,392	42,117
Operating Profit	4,268	1,835	-1,369	-4,783	3,732	-11,974	11,898	22,769	26,695	27,812	13,568	-9,137	-42,117
Interest Payable	0	0	0	0	0	0	0	0	0	0	0	0	0
Interest Receivable	31	29	28	0	14	25	50	45	45	49	40	51	30
Pre-Tax Profit	4,299	1,864	-1,341	-4,783	3,746	-11,949	11,949	22,814	26,740	27,861	13,608	-9,086	-42,087
Tax	-817	-354	0	0	-712	0	-2,390	-4,791	-6,150	-6,687	-3,538	0	0
Profit After Tax	3,482	1,510	-1,341	-4,783	3,034	-11,949	9,559	18,023	20,590	21,174	10,070	-9,086	-42,087
Dividends Paid	0	0	0	0	0	0	0	0	0	0	0	0	0
Retained Profit	3,482	1,510	-1,341	-4,783	3,034	-11,949	9,559	18,023	20,590	21,174	10,070	-9,086	-42,087
Employee Costs	44,122	27,419	41,141	27,248	76,904	39,158	25,949	38,903	37,955	35,335	24,124	36,085	0
Number Of Employees	3	2	3	2	6	3	2	3	3	3	2	3	0
EBITDA*	4,268	1,967	-1,369	-4,783	3,732	-11,535	12,483	23,549	27,734	29,198	15,417	11,663	-21,107

* Earnings Before Interest, Tax, Depreciation and Amortisation

	Nov 2021	Aug 2020	Aug 2019	Aug 2018	Aug 2017	Aug 2016	Aug 2015	Aug 2014	Aug 2013	Aug 2012	Aug 2011	Aug 2010	Aug 2009
Tangible Assets	0	22,946	23,238	23,468	23,536	23,865	24,304	24,889	25,669	26,708	28,094	27,349	27,980
Intangible Assets	0	0	0	0	0	0	0	0	0	0	0	0	19,200
Investments & Other	0	0	0	0	0	0	0	0	0	0	0	0	0
Debtors (Due After 1 year)	0	0	0	0	0	0	0	0	0	0	0	0	0
Total Fixed Assets	0	22,946	23,238	23,468	23,536	23,865	24,304	24,889	25,669	26,708	28,094	27,349	47,180
Stock & work in progress	0	33,850	40,023	0	0	44,110	44,720	43,468	47,751	35,085	13,501	19,583	21,679
Trade Debtors	9,408	816	1,745	56,028	65,418	1,715	1,965	1,423	796	2,273	1,959	2,247	2,430
Group Debtors	0	0	0	0	0	0	0	0	0	0	0	0	0
Misc Debtors	0	0	0	0	0	0	0	0	0	0	0	0	0
Cash	11,297	50,070	7,356	0	0	10,936	8,741	11,453	6,511	11,622	7,876	8,248	12,032
misc current assets	0	0	0	0	0	0	0	0	0	0	0	0	0
total current assets	20,705	84,736	49,124	56,028	65,418	56,761	55,426	56,344	55,058	48,980	23,336	30,078	36,141
total assets	20,705	107,682	72,362	79,496	88,954	80,626	79,730	81,233	80,727	75,688	51,430	57,427	83,321
Bank overdraft	0	0	0	0	0	0	0	0	0	0	0	0	0
Bank loan	0	0	0	0	0	0	0	0	0	0	0	0	0
Trade Creditors	1,509	41,968	58,158	64,951	69,626	63,332	50,487	61,549	69,710	75,702	63,292	70,239	78,137
Group/Directors Accounts	0	0	0	0	0	0	0	0	0	0	0	0	0
other short term finances	0	0	0	0	0	0	0	0	0	0	0	0	0
hp & lease commitments	0	0	0	0	0	0	0	0	0	0	0	0	0
other current liabilities	0	0	0	0	0	0	0	0	0	0	0	0	0
total current liabilities	1,509	41,968	58,158	64,951	69,626	63,332	50,487	61,549	69,710	75,702	63,292	70,239	78,137
loans	0	0	0	0	0	0	0	0	0	0	0	0	0
hp & lease commitments	0	0	0	0	0	0	0	0	0	0	0	0	0
Accruals and Deferred Income	0	0	0	0	0	0	0	0	0	0	0	0	0
other liabilities	0	50,000	0	0	0	0	0	0	9,356	18,915	28,241	37,361	46,271
provisions	0	0	0	0	0	0	0	0	0	0	0	0	0
total long term liabilities	0	50,000	0	0	0	0	0	0	9,356	18,915	28,241	37,361	46,271
total liabilities	1,509	91,968	58,158	64,951	69,626	63,332	50,487	61,549	79,066	94,617	91,533	107,600	124,408
net assets	19,196	15,714	14,204	14,545	19,328	17,294	29,243	19,684	1,661	-18,929	-40,103	-50,173	-41,087
total shareholders funds	19,196	15,714	14,204	14,545	19,328	17,294	29,243	19,684	1,661	-18,929	-40,103	-50,173	-41,087

	Nov 2021	Aug 2020	Aug 2019	Aug 2018	Aug 2017	Aug 2016	Aug 2015	Aug 2014	Aug 2013	Aug 2012	Aug 2011	Aug 2010	Aug 2009
Operating Activities
Operating Profit	4,268	1,835	-1,369	-4,783	3,732	-11,974	11,898	22,769	26,695	27,812	13,568	-9,137	-42,117
Depreciation	0	132	0	0	0	439	585	780	1,039	1,386	1,849	1,600	1,810
Amortisation	0	0	0	0	0	0	0	0	0	0	0	19,200	19,200
Tax	-817	-354	0	0	-712	0	-2,390	-4,791	-6,150	-6,687	-3,538	0	0
Stock	-33,850	-6,173	40,023	0	-44,110	-610	1,252	-4,283	12,666	21,584	-6,082	-2,096	21,679
Debtors	8,592	-929	-54,283	-9,390	63,703	-250	542	627	-1,477	314	-288	-183	2,430
Creditors	-40,459	-16,190	-6,793	-4,675	6,294	12,845	-11,062	-8,161	-5,992	12,410	-6,947	-7,898	78,137
Accruals and Deferred Income	0	0	0	0	0	0	0	0	0	0	0	0	0
Deferred Taxes & Provisions	0	0	0	0	0	0	0	0	0	0	0	0	0
Cash flow from operations	-11,750	-7,475	6,098	-68	-10,279	2,170	-2,763	14,253	4,403	13,023	11,302	6,044	32,921
Investing Activities
capital expenditure	22,946	160	230	68	329	0	0	0	0	0	-2,594	-969	-68,190
Change in Investments	0	0	0	0	0	0	0	0	0	0	0	0	0
cash flow from investments	22,946	160	230	68	329	0	0	0	0	0	-2,594	-969	-68,190
Financing Activities
Bank loans	0	0	0	0	0	0	0	0	0	0	0	0	0
Group/Directors Accounts	0	0	0	0	0	0	0	0	0	0	0	0	0
Other Short Term Loans	0	0	0	0	0	0	0	0	0	0	0	0	0
Long term loans	0	0	0	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	0	0	0
other long term liabilities	-50,000	50,000	0	0	0	0	0	-9,356	-9,559	-9,326	-9,120	-8,910	46,271
share issue	0	0	1,000	0	-1,000	0	0	0	0	0	0	0	1,000
interest	31	29	28	0	14	25	50	45	45	49	40	51	30
cash flow from financing	-49,969	50,029	1,028	0	-986	25	50	-9,311	-9,514	-9,277	-9,080	-8,859	47,301
cash and cash equivalents
cash	-38,773	42,714	7,356	0	-10,936	2,195	-2,712	4,942	-5,111	3,746	-372	-3,784	12,032
overdraft	0	0	0	0	0	0	0	0	0	0	0	0	0
change in cash	-38,773	42,714	7,356	0	-10,936	2,195	-2,712	4,942	-5,111	3,746	-372	-3,784	12,032

Very Low Risk70 - 100

Low Risk50 - 70

Moderate Risk30 - 50

High Risk20 - 30

Very High Risk0 - 20

Get a comprehensive credit check for western park grocers limited. Get real-time insights into western park grocers limited's credit score, group structure and payment trends.

From as little as £6.99

This will not impact your credit rating!

View Credit Report Sample

Perform a competitor analysis for western park grocers 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 IG2 area or any other competitors across 12 key performance metrics.

WESTERN PARK GROCERS LIMITED group structure

Western Park Grocers Limited has no subsidiary companies.

Ultimate parent company

WESTERN PARK GROCERS LIMITED

05535589

WESTERN PARK GROCERS LIMITED Shareholders

parmjit kaur gosal	50%
jaswant singh gosal	50%

Western Park Grocers Limited currently has 1 director, Jaswant Gosal serving since Aug 2005.

officer	country	age	start	end	role
Jaswant Gosal		67 years	Aug 2005	-	Director

P&L

November 2021

turnover

102.7k

-49%

operating profit

4.3k

gross margin

15.3%

-6.73%

turnover

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

Balance Sheet

November 2021

net assets

19.2k

+0.22%

total assets

20.7k

-0.81%

cash

11.3k

-0.77%

net assets

Total assets minus all liabilities

Similar Companies

Agree?

2.5

2.5

1.5

company number

05535589

Type

Private limited with Share Capital

industry

47110 - Retail sale in non-specialised stores with food, beverages or tobacco predominating

incorporation date

August 2005

accounts

Unaudited Abridged

ultimate parent company

None

previous names

N/A

last accounts submitted

November 2021

address

the gatehouse, 453 cranbrook road, ilford, essex, IG2 6EW

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 western park grocers limited.

western park grocers limited Company Information

western park grocers limited Estimated Valuation

western park grocers limited Estimated Valuation

western park grocers limited Estimated Valuation

Western Park Grocers Limited Overview

Western Park Grocers Limited Health Check

WESTERN PARK GROCERS LIMITED financials

western park grocers limited Credit Report and Business Information

Western Park Grocers Limited Competitor Analysis

western park grocers limited Ownership

western park grocers limited directors

western park grocers limited company details

western park grocers limited Charges & Mortgages

western park grocers limited Companies House Filings - See Documents