western finance limited Company Information
Company Number
05723182
Website
www.westernfinanceltd.comRegistered Address
philanthropic cottage henllys, cwmbran, NP44 6HD
Industry
Activities of insurance agents and brokers
Telephone
-
Next Accounts Due
December 2024
Group Structure
View All
Directors
Martyn Powell18 Years
Shareholders
martyn paul powell 67.1%
sarah moss 32.9%
western finance limited Estimated Valuation
Pomanda estimates the enterprise value of WESTERN FINANCE LIMITED at £74.2k based on a Turnover of £63.9k and 1.16x industry multiple (adjusted for size and gross margin).
western finance limited Estimated Valuation
Pomanda estimates the enterprise value of WESTERN FINANCE LIMITED at £0 based on an EBITDA of £-3.9k and a 4.37x industry multiple (adjusted for size and gross margin).
western finance limited Estimated Valuation
Pomanda estimates the enterprise value of WESTERN FINANCE LIMITED at £14.7k based on Net Assets of £5.2k and 2.81x industry multiple (adjusted for liquidity).
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Western Finance Limited Overview
Western Finance Limited is a live company located in cwmbran, NP44 6HD with a Companies House number of 05723182. It operates in the activities of insurance agents and brokers sector, SIC Code 66220. Founded in February 2006, it's largest shareholder is martyn paul powell with a 67.1% stake. Western Finance Limited is a established, micro sized company, Pomanda has estimated its turnover at £63.9k with unknown growth in recent years.
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Western Finance Limited Health Check
Pomanda's financial health check has awarded Western Finance Limited a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 7 areas for improvement. Company Health Check FAQs
1 Strong
1 Regular
7 Weak
Size
annual sales of £63.9k, make it smaller than the average company (£2.6m)
- Western Finance Limited
£2.6m - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Western Finance Limited
- - Industry AVG
Production
with a gross margin of 61.4%, this company has a higher cost of product (97%)
- Western Finance Limited
97% - Industry AVG
Profitability
an operating margin of -6.2% make it less profitable than the average company (20.2%)
- Western Finance Limited
20.2% - Industry AVG
Employees
with 1 employees, this is below the industry average (17)
1 - Western Finance Limited
17 - Industry AVG
Pay Structure
on an average salary of £48.7k, the company has an equivalent pay structure (£48.7k)
- Western Finance Limited
£48.7k - Industry AVG
Efficiency
resulting in sales per employee of £63.9k, this is less efficient (£107.8k)
- Western Finance Limited
£107.8k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Western Finance Limited
- - Industry AVG
Creditor Days
its suppliers are paid after 67 days, this is quicker than average (126 days)
- Western Finance Limited
126 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Western Finance Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 346 weeks, this is more cash available to meet short term requirements (37 weeks)
346 weeks - Western Finance Limited
37 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 83%, this is a higher level of debt than the average (58.5%)
83% - Western Finance Limited
58.5% - Industry AVG
WESTERN FINANCE LIMITED financials
Western Finance Limited's latest turnover from March 2023 is estimated at £63.9 thousand and the company has net assets of £5.2 thousand. According to their latest financial statements, Western Finance Limited has 1 employee and maintains cash reserves of £30.4 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | 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 | 1 | 1 | 1 | 1 | 1 | |||||||||
EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Tangible Assets | 376 | 521 | 152 | 190 | 237 | 296 | 370 | 463 | 579 | 723 | 904 | 751 | 938 | 1,172 |
Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Investments & Other | 0 | 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 | 0 |
Total Fixed Assets | 376 | 521 | 152 | 190 | 237 | 296 | 370 | 463 | 579 | 723 | 904 | 751 | 938 | 1,172 |
Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1,303 | 2,586 | 742 | 6,260 | 918 | 1,678 | 75 |
Trade Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 186 | 995 | 568 | 1,125 | 1,236 | 295 | 698 | 716 |
Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Misc Debtors | 13 | 13 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Cash | 30,385 | 33,865 | 31,760 | 15,402 | 14,276 | 34,076 | 12,160 | 19,667 | 16,352 | 26,785 | 15,157 | 23,848 | 14,024 | 23,504 |
misc current assets | 0 | 0 | 0 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total current assets | 30,398 | 33,878 | 31,760 | 15,403 | 14,276 | 34,076 | 12,346 | 21,965 | 19,506 | 28,652 | 22,653 | 25,061 | 16,400 | 24,295 |
total assets | 30,774 | 34,399 | 31,912 | 15,593 | 14,513 | 34,372 | 12,716 | 22,428 | 20,085 | 29,375 | 23,557 | 25,812 | 17,338 | 25,467 |
Bank overdraft | 0 | 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 | 0 |
Trade Creditors | 4,561 | 5,560 | 4,812 | 0 | 0 | 0 | 77 | 15,551 | 17,283 | 26,262 | 26,129 | 26,704 | 17,868 | 18,668 |
Group/Directors Accounts | 0 | 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 | 0 |
hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other current liabilities | 0 | 0 | 0 | 5,215 | 4,356 | 24,116 | 9,777 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total current liabilities | 4,561 | 5,560 | 4,812 | 5,215 | 4,356 | 24,116 | 9,854 | 15,551 | 17,283 | 26,262 | 26,129 | 26,704 | 17,868 | 18,668 |
loans | 0 | 0 | 0 | 0 | 0 | 0 | 2,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Accruals and Deferred Income | 20,976 | 20,976 | 21,489 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total long term liabilities | 20,976 | 20,976 | 21,489 | 0 | 0 | 0 | 2,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total liabilities | 25,537 | 26,536 | 26,301 | 5,215 | 4,356 | 24,116 | 11,854 | 15,551 | 17,283 | 26,262 | 26,129 | 26,704 | 17,868 | 18,668 |
net assets | 5,237 | 7,863 | 5,611 | 10,378 | 10,157 | 10,256 | 862 | 6,877 | 2,802 | 3,113 | -2,572 | -892 | -530 | 6,799 |
total shareholders funds | 5,237 | 7,863 | 5,611 | 10,378 | 10,157 | 10,256 | 862 | 6,877 | 2,802 | 3,113 | -2,572 | -892 | -530 | 6,799 |
Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | 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 | 92 | 130 | 38 | 47 | 59 | 74 | 93 | 116 | 144 | 181 | 226 | 187 | 234 | 242 |
Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Tax | ||||||||||||||
Stock | 0 | 0 | 0 | 0 | 0 | 0 | -1,303 | -1,283 | 1,844 | -5,518 | 5,342 | -760 | 1,603 | 75 |
Debtors | 0 | 13 | 0 | 0 | 0 | -186 | -809 | 427 | -557 | -111 | 941 | -403 | -18 | 716 |
Creditors | -999 | 748 | 4,812 | 0 | 0 | -77 | -15,474 | -1,732 | -8,979 | 133 | -575 | 8,836 | -800 | 18,668 |
Accruals and Deferred Income | 0 | -513 | 16,274 | 859 | -19,760 | 14,339 | 9,777 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 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 | 0 | 0 | 0 | 0 |
cash flow from investments | ||||||||||||||
Financing Activities | ||||||||||||||
Bank loans | 0 | 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 | 0 |
Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Long term loans | 0 | 0 | 0 | 0 | 0 | -2,000 | 2,000 | 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 | 0 |
other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
share issue | ||||||||||||||
interest | ||||||||||||||
cash flow from financing | ||||||||||||||
cash and cash equivalents | ||||||||||||||
cash | -3,480 | 2,105 | 16,358 | 1,126 | -19,800 | 21,916 | -7,507 | 3,315 | -10,433 | 11,628 | -8,691 | 9,824 | -9,480 | 23,504 |
overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
change in cash | -3,480 | 2,105 | 16,358 | 1,126 | -19,800 | 21,916 | -7,507 | 3,315 | -10,433 | 11,628 | -8,691 | 9,824 | -9,480 | 23,504 |
western finance limited Credit Report and Business Information
Western Finance Limited Competitor Analysis
Perform a competitor analysis for western finance limited by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other micro companies, companies in NP44 area or any other competitors across 12 key performance metrics.
western finance limited Ownership
WESTERN FINANCE LIMITED group structure
Western Finance Limited has no subsidiary companies.
Ultimate parent company
WESTERN FINANCE LIMITED
05723182
western finance limited directors
Western Finance Limited currently has 1 director, Mr Martyn Powell serving since Feb 2006.
officer | country | age | start | end | role |
---|---|---|---|---|---|
Mr Martyn Powell | United Kingdom | 44 years | Feb 2006 | - | Director |
P&L
March 2023turnover
63.9k
+2%
operating profit
-4k
0%
gross margin
61.4%
-3.79%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2023net assets
5.2k
-0.33%
total assets
30.8k
-0.11%
cash
30.4k
-0.1%
net assets
Total assets minus all liabilities
western finance limited company details
company number
05723182
Type
Private limited with Share Capital
industry
66220 - Activities of insurance agents and brokers
incorporation date
February 2006
age
18
incorporated
UK
ultimate parent company
accounts
Unaudited Abridged
last accounts submitted
March 2023
previous names
N/A
accountant
HSJ ACCOUNTANTS LTD
auditor
-
address
philanthropic cottage henllys, cwmbran, NP44 6HD
Bank
-
Legal Advisor
-
western finance 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 western finance limited.
western finance limited Companies House Filings - See Documents
date | description | view/download |
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