
Company Number
05958566
Next Accounts
Sep 2025
Shareholders
giuseppe testori
carlotta testori
Group Structure
View All
Industry
Other retail sale not in stores, stalls or markets
Registered Address
24 wandsworth road, london, SW8 2JW
Website
https://www.testoriart.co.ukPomanda estimates the enterprise value of WESTERN & BRITISH ART LTD at £606.1k based on a Turnover of £2m and 0.3x industry multiple (adjusted for size and gross margin).
Pomanda estimates the enterprise value of WESTERN & BRITISH ART LTD at £0 based on an EBITDA of £-50 and a 3x industry multiple (adjusted for size and gross margin).
Pomanda estimates the enterprise value of WESTERN & BRITISH ART LTD at £0 based on Net Assets of £-213.5k and 2.04x industry multiple (adjusted for liquidity).
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Western & British Art Ltd is a live company located in london, SW8 2JW with a Companies House number of 05958566. It operates in the other retail sale not in stores, stalls or markets sector, SIC Code 47990. Founded in October 2006, it's largest shareholder is giuseppe testori with a 50% stake. Western & British Art Ltd is a established, small sized company, Pomanda has estimated its turnover at £2m with declining growth in recent years.
Pomanda's financial health check has awarded Western & British Art Ltd a 3 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 7 areas for improvement. Company Health Check FAQs
3 Strong
2 Regular
7 Weak
Size
annual sales of £2m, make it smaller than the average company (£2.7m)
- Western & British Art Ltd
£2.7m - Industry AVG
Growth
3 year (CAGR) sales growth of -19%, show it is growing at a slower rate (9.3%)
- Western & British Art Ltd
9.3% - Industry AVG
Production
with a gross margin of 30.5%, this company has a comparable cost of product (30.5%)
- Western & British Art Ltd
30.5% - Industry AVG
Profitability
an operating margin of 0% make it less profitable than the average company (4.2%)
- Western & British Art Ltd
4.2% - Industry AVG
Employees
with 3 employees, this is below the industry average (17)
3 - Western & British Art Ltd
17 - Industry AVG
Pay Structure
on an average salary of £38.5k, the company has an equivalent pay structure (£38.5k)
- Western & British Art Ltd
£38.5k - Industry AVG
Efficiency
resulting in sales per employee of £664.3k, this is more efficient (£234k)
- Western & British Art Ltd
£234k - Industry AVG
Debtor Days
it gets paid by customers after 9 days, this is earlier than average (33 days)
- Western & British Art Ltd
33 days - Industry AVG
Creditor Days
its suppliers are paid after 125 days, this is slower than average (37 days)
- Western & British Art Ltd
37 days - Industry AVG
Stock Days
it holds stock equivalent to 286 days, this is more than average (72 days)
- Western & British Art Ltd
72 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (21 weeks)
0 weeks - Western & British Art Ltd
21 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 118.6%, this is a higher level of debt than the average (62.4%)
118.6% - Western & British Art Ltd
62.4% - Industry AVG
Western & British Art Ltd's latest turnover from December 2023 is estimated at £2 million and the company has net assets of -£213.5 thousand. According to their latest financial statements, Western & British Art Ltd has 3 employees and maintains cash reserves of £2.1 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Oct 2010 | Oct 2009 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
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 | 3 | 3 | 3 | 3 | 3 | ||||||||||
EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Oct 2010 | Oct 2009 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Tangible Assets | 19,980 | ||||||||||||||
Intangible Assets | |||||||||||||||
Investments & Other | |||||||||||||||
Debtors (Due After 1 year) | |||||||||||||||
Total Fixed Assets | 19,980 | ||||||||||||||
Stock & work in progress | 1,087,546 | 1,087,546 | 1,087,546 | 1,087,546 | 1,242,764 | 1,239,967 | 1,050,590 | 682,757 | 441,595 | 441,595 | 441,595 | 441,595 | 546,031 | 609,915 | |
Trade Debtors | 53,172 | 53,172 | 51,569 | 51,569 | 7,448 | 7,448 | 7,448 | 29,953 | 8,243 | ||||||
Group Debtors | |||||||||||||||
Misc Debtors | 5,917 | 5,917 | 5,375 | 7,426 | 4,571 | 42 | 193 | ||||||||
Cash | 2,088 | 133 | 3,106 | 802 | 18,102 | 3,420 | 6,957 | 348 | 397 | 1,176 | 31,412 | 4,830 | 1,429 | ||
misc current assets | |||||||||||||||
total current assets | 1,148,723 | 1,146,635 | 1,144,623 | 1,149,647 | 1,248,137 | 1,258,069 | 1,054,052 | 689,907 | 441,943 | 449,440 | 450,219 | 480,455 | 580,814 | 619,587 | |
total assets | 1,148,723 | 1,146,635 | 1,144,623 | 1,149,647 | 1,248,137 | 1,258,069 | 1,054,052 | 689,907 | 441,943 | 449,440 | 450,219 | 480,455 | 580,814 | 639,567 | |
Bank overdraft | 121 | 260 | 1,281 | ||||||||||||
Bank loan | |||||||||||||||
Trade Creditors | 475,030 | 475,030 | 451,421 | 1,346,635 | 1,471,475 | 456,940 | 713,716 | 294,831 | 868,612 | 868,612 | 898,107 | 1,032,364 | 1,052,598 | ||
Group/Directors Accounts | 458,368 | 629,518 | 822,662 | ||||||||||||
other short term finances | |||||||||||||||
hp & lease commitments | |||||||||||||||
other current liabilities | 887,207 | 884,996 | 888,006 | 584,514 | 146,641 | 1,500 | 861,176 | ||||||||
total current liabilities | 1,362,237 | 1,360,147 | 1,339,687 | 1,346,635 | 1,471,475 | 1,499,822 | 1,491,156 | 1,118,993 | 861,176 | 868,612 | 868,612 | 898,107 | 1,032,364 | 1,052,598 | |
loans | |||||||||||||||
hp & lease commitments | |||||||||||||||
Accruals and Deferred Income | |||||||||||||||
other liabilities | |||||||||||||||
provisions | |||||||||||||||
total long term liabilities | |||||||||||||||
total liabilities | 1,362,237 | 1,360,147 | 1,339,687 | 1,346,635 | 1,471,475 | 1,499,822 | 1,491,156 | 1,118,993 | 861,176 | 868,612 | 868,612 | 898,107 | 1,032,364 | 1,052,598 | |
net assets | -213,514 | -213,512 | -195,064 | -196,988 | -223,338 | -241,753 | -437,104 | -429,086 | -419,233 | -419,172 | -418,393 | -417,652 | -451,550 | -413,031 | |
total shareholders funds | -213,514 | -213,512 | -195,064 | -196,988 | -223,338 | -241,753 | -437,104 | -429,086 | -419,233 | -419,172 | -418,393 | -417,652 | -451,550 | -413,031 |
Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Oct 2010 | Oct 2009 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Operating Activities | |||||||||||||||
Operating Profit | |||||||||||||||
Depreciation | 19,980 | 11,526 | |||||||||||||
Amortisation | |||||||||||||||
Tax | |||||||||||||||
Stock | -155,218 | 2,797 | 189,377 | 367,833 | 241,162 | 441,595 | -441,595 | -104,436 | -63,884 | 609,915 | |||||
Debtors | 2,145 | -2,051 | 54,424 | 4,571 | -42 | -151 | 193 | -7,448 | -22,505 | 21,710 | 8,243 | ||||
Creditors | 23,609 | -895,214 | -124,840 | 1,014,535 | -256,776 | 418,885 | 294,831 | -868,612 | -29,495 | -134,257 | -20,234 | 1,052,598 | |||
Accruals and Deferred Income | 2,211 | -3,010 | 888,006 | -584,514 | 437,873 | 145,141 | -859,676 | 861,176 | |||||||
Deferred Taxes & Provisions | |||||||||||||||
Cash flow from operations | |||||||||||||||
Investing Activities | |||||||||||||||
capital expenditure | |||||||||||||||
Change in Investments | |||||||||||||||
cash flow from investments | |||||||||||||||
Financing Activities | |||||||||||||||
Bank loans | |||||||||||||||
Group/Directors Accounts | -458,368 | -171,150 | -193,144 | 822,662 | |||||||||||
Other Short Term Loans | |||||||||||||||
Long term loans | |||||||||||||||
Hire Purchase and Lease Commitments | |||||||||||||||
other long term liabilities | |||||||||||||||
share issue | |||||||||||||||
interest | |||||||||||||||
cash flow from financing | |||||||||||||||
cash and cash equivalents | |||||||||||||||
cash | 2,088 | -133 | -2,973 | 2,304 | -17,300 | 14,682 | -3,537 | 6,609 | 348 | -397 | -779 | -30,236 | 26,582 | 3,401 | 1,429 |
overdraft | -121 | -139 | 260 | -1,281 | 1,281 | ||||||||||
change in cash | 2,209 | 6 | -3,233 | 2,304 | -17,300 | 15,963 | -4,818 | 6,609 | 348 | -397 | -779 | -30,236 | 26,582 | 3,401 | 1,429 |
Perform a competitor analysis for western & british art ltd by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other small companies, companies in SW8 area or any other competitors across 12 key performance metrics.
WESTERN & BRITISH ART LTD group structure
Western & British Art Ltd has no subsidiary companies.
Ultimate parent company
WESTERN & BRITISH ART LTD
05958566
Western & British Art Ltd currently has 3 directors. The longest serving directors include Mr Edoardo Testori (Oct 2006) and Mr Giuseppe Testori (Jul 2019).
officer | country | age | start | end | role |
---|---|---|---|---|---|
Mr Edoardo Testori | Italy | 77 years | Oct 2006 | - | Director |
Mr Giuseppe Testori | 48 years | Jul 2019 | - | Director | |
Ms Carlotta Testori | 45 years | Jul 2019 | - | Director |
P&L
December 2023turnover
2m
+2%
operating profit
-50
0%
gross margin
30.6%
+0.08%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
-213.5k
0%
total assets
1.1m
0%
cash
2.1k
0%
net assets
Total assets minus all liabilities
company number
05958566
Type
Private limited with Share Capital
industry
47990 - Other retail sale not in stores, stalls or markets
incorporation date
October 2006
age
19
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
December 2023
previous names
testori uk ltd (March 2015)
cba testori uk ltd (October 2008)
accountant
-
auditor
-
address
24 wandsworth road, london, SW8 2JW
Bank
-
Legal Advisor
-
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 & british art ltd.
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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