Westlake Properties Limited

POWER SEARCH PRICING

SOLUTIONS

westlake properties limited Company Information

Live

EstablishedMidHigh

Company Number

05967396

Website

Registered Address

57a broadway, leigh-on-sea, essex, SS9 1PE

Industry

Development of building projects

Telephone

Next Accounts Due

July 2024

Group Structure

View All

Directors

Dean Norton17 Years

Kerry Norton17 Years

View All

Shareholders

kerry norton 50%

dean norton 50%

westlake properties limited Estimated Valuation

£4.9m

Pomanda estimates the enterprise value of WESTLAKE PROPERTIES LIMITED at £4.9m based on Net Assets of £3.8m and 1.31x industry multiple (adjusted for liquidity).

Edit your figures and get a professional valuation report.

Westlake Properties Limited AI Business Plan

In just minutes, we combine Pomanda’s company and industry data with cutting edge Artificial Intelligence to build a comprehensive 27 section business plan. You then have 60 days to tailor the information, decide which sections to include or exclude, and add your own branding logos, images and color scheme to create your perfect plan.

View Sample

Westlake Properties Limited is a live company located in essex, SS9 1PE with a Companies House number of 05967396. It operates in the development of building projects sector, SIC Code 41100. Founded in October 2006, it's largest shareholder is kerry norton with a 50% stake. Westlake Properties Limited is a established, mid sized company, Pomanda has estimated its turnover at £10.3m with high growth in recent years.

View Sample

Upgrade for unlimited company reports & a free credit check

Pomanda's financial health check has awarded Westlake Properties Limited a 4 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 4 areas for improvement. Company Health Check FAQs

Health Rating4out of 5

5 Strong

2 Regular

4 Weak

Size

annual sales of £10.3m, make it larger than the average company (£1.9m)

Growth

3 year (CAGR) sales growth of 18%, show it is growing at a faster rate (1.2%)

Very Low Risk70 - 100

Low Risk50 - 70

Moderate Risk30 - 50

High Risk20 - 30

Very High Risk0 - 20

Get a comprehensive credit check for westlake properties limited. Get real-time insights into westlake properties 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 westlake properties limited by selecting its closest rivals and benchmarking them against 12 key performance metrics.

WESTLAKE PROPERTIES LIMITED group structure

Westlake Properties Limited has 5 subsidiary companies.

Ultimate parent company

WESTLAKE PROPERTIES LIMITED

05967396

5 subsidiaries

ELECTRICARS (UK) LIMITED

07472850

CAB LAND LTD

07349773

ELECTRICAB (UK) LIMITED

07472984

ELECTRICENTRE LIMITED

07472800

WESTLAKE PROPERTIES (ESSEX) LTD

07472783

WESTLAKE PROPERTIES LIMITED Shareholders

kerry norton	50%
dean norton	50%

Westlake Properties Limited currently has 3 directors. The longest serving directors include Mr Dean Norton (Oct 2006) and Ms Kerry Norton (Oct 2006).

officer	country	age	start	end	role
Mr Dean Norton	United Kingdom	42 years	Oct 2006	-	Director
Ms Kerry Norton	United Kingdom	40 years	Oct 2006	-	Director
Mr Stephen Norton	United Kingdom	67 years	Jan 2007	-	Director

EXPORT

Westlake Properties Limited's latest turnover from October 2022 is estimated at £10.3 million and the company has net assets of £3.8 million. According to their latest financial statements, Westlake Properties Limited has 4 employees and maintains cash reserves of £386.1 thousand as reported in the balance sheet.

Data source: Companies House, Pomanda Estimates

	Oct 2022	Oct 2021	Oct 2020	Oct 2019	Oct 2018	Oct 2017	Oct 2016	Oct 2015	Oct 2014	Oct 2013	Oct 2012	Oct 2011	Oct 2010	Oct 2009
Turnover	10,261,240	9,862,249	11,351,384	6,290,955	2,552,506	2,564,285	2,905,469	2,974,628	5,921,883	11,710,716	12,333,680	9,602,533	4,812,331	0
Other Income Or Grants	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Cost Of Sales	9,266,387	9,024,344	10,257,415	5,668,799	2,283,362	2,273,577	2,561,146	2,635,583	5,250,260	10,460,939	11,065,849	8,655,282	4,332,555	0
Gross Profit	994,853	837,906	1,093,969	622,156	269,145	290,709	344,323	339,046	671,623	1,249,777	1,267,831	947,250	479,776	0
Admin Expenses	505,702	454,050	707,020	362,212	96,092	103,293	280,477	-315,040	327,080	1,240,810	547,516	1,361,277	403,394	52,714
Operating Profit	489,151	383,856	386,949	259,944	173,053	187,416	63,846	654,086	344,543	8,967	720,315	-414,027	76,382	-52,714
Interest Payable	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Interest Receivable	6,255	597	618	805	9	62	72	450	430	1,391	1,390	512	512	0
Pre-Tax Profit	495,406	384,453	387,567	260,748	173,062	187,478	63,918	654,536	344,973	10,358	721,705	-413,515	76,894	-52,714
Tax	-94,127	-73,046	-73,638	-49,542	-32,882	-35,621	-12,783	-130,907	-72,444	-2,382	-173,209	0	-21,530	0
Profit After Tax	401,279	311,407	313,929	211,206	140,180	151,857	51,134	523,629	272,529	7,976	548,496	-413,515	55,364	-52,714
Dividends Paid	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Retained Profit	401,279	311,407	313,929	211,206	140,180	151,857	51,134	523,629	272,529	7,976	548,496	-413,515	55,364	-52,714
Employee Costs	182,805	177,470	173,039	173,096	169,726	165,322	202,156	196,192	333,705	677,878	745,464	553,674	265,468	0
Number Of Employees	4	4	4	4	4	4	5	5	9	19	21	16	8	0
EBITDA*	494,844	387,533	390,204	263,787	177,789	190,521	68,430	659,745	353,363	17,764	731,103	-411,245	79,971	-49,104

* Earnings Before Interest, Tax, Depreciation and Amortisation

	Oct 2022	Oct 2021	Oct 2020	Oct 2019	Oct 2018	Oct 2017	Oct 2016	Oct 2015	Oct 2014	Oct 2013	Oct 2012	Oct 2011	Oct 2010	Oct 2009
Tangible Assets	11,025,594	9,955,319	9,479,379	6,910,455	6,693,383	6,815,063	5,999,937	5,279,451	5,538,432	6,224,457	5,509,470	2,227,076	2,922,116	2,966,329
Intangible Assets	0	0	0	0	0	0	0	795	1,590	2,385	3,180	0	0	0
Investments & Other	8	5	5	5	5	5	5	5	5	24,004	24,004	4	2	2
Debtors (Due After 1 year)	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Total Fixed Assets	11,025,602	9,955,324	9,479,384	6,910,460	6,693,388	6,815,068	5,999,942	5,280,251	5,540,027	6,250,846	5,536,654	2,227,080	2,922,118	2,966,331
Stock & work in progress	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Trade Debtors	207,522	227,309	160,160	165,549	524,307	521,820	526,616	550,028	274,652	1,184,552	1,286,878	1,261,393	120,823	155,035
Group Debtors	0	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	0
Cash	386,092	169,887	1,023,456	212,813	1,737	640	48,584	8,647	171,518	471	555,975	0	204,981	0
misc current assets	0	0	0	0	0	0	0	0	0	0	0	0	0	0
total current assets	593,614	397,196	1,183,616	378,362	526,044	522,460	575,200	558,675	446,170	1,185,023	1,842,853	1,261,393	325,804	155,035
total assets	11,619,216	10,352,520	10,663,000	7,288,822	7,219,432	7,337,528	6,575,142	5,838,926	5,986,197	7,435,869	7,379,507	3,488,473	3,247,922	3,121,366
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	6,739,772	6,369,110	7,437,380	4,181,899	1,057,565	1,118,341	1,388,324	900,801	3,081,999	5,036,574	5,487,288	3,614,336	2,910,270	2,839,078
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	0	0	0	0	0	0	0	0	0	0	0
total current liabilities	6,739,772	6,369,110	7,437,380	4,181,899	1,057,565	1,118,341	1,388,324	900,801	3,081,999	5,036,574	5,487,288	3,614,336	2,910,270	2,839,078
loans	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
Accruals and Deferred Income	0	0	0	0	0	0	0	0	0	0	0	0	0	0
other liabilities	968,787	475,881	0	195,000	3,463,750	3,621,250	3,486,250	3,280,000	1,925,000	1,856,898	1,930,586	0	0	0
provisions	155,870	154,021	153,792	154,024	151,424	149,383	71,776	80,467	87,272	0	0	0	0	0
total long term liabilities	1,124,657	629,902	153,792	349,024	3,615,174	3,770,633	3,558,026	3,360,467	2,012,272	1,856,898	1,930,586	0	0	0
total liabilities	7,864,429	6,999,012	7,591,172	4,530,923	4,672,739	4,888,974	4,946,350	4,261,268	5,094,271	6,893,472	7,417,874	3,614,336	2,910,270	2,839,078
net assets	3,754,787	3,353,508	3,071,828	2,757,899	2,546,693	2,448,554	1,628,792	1,577,658	891,926	542,397	-38,367	-125,863	337,652	282,288
total shareholders funds	3,754,787	3,353,508	3,071,828	2,757,899	2,546,693	2,448,554	1,628,792	1,577,658	891,926	542,397	-38,367	-125,863	337,652	282,288

	Oct 2022	Oct 2021	Oct 2020	Oct 2019	Oct 2018	Oct 2017	Oct 2016	Oct 2015	Oct 2014	Oct 2013	Oct 2012	Oct 2011	Oct 2010	Oct 2009
Operating Activities
Operating Profit	489,151	383,856	386,949	259,944	173,053	187,416	63,846	654,086	344,543	8,967	720,315	-414,027	76,382	-52,714
Depreciation	5,693	3,677	3,255	3,843	4,736	3,105	3,789	5,659	8,025	8,002	9,993	2,782	3,589	3,610
Amortisation	0	0	0	0	0	0	795	0	795	795	795	0	0	0
Tax	-94,127	-73,046	-73,638	-49,542	-32,882	-35,621	-12,783	-130,907	-72,444	-2,382	-173,209	0	-21,530	0
Stock	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Debtors	-19,787	67,149	-5,389	-358,758	2,487	-4,796	-23,412	275,376	-909,900	-102,326	25,485	1,140,570	-34,212	155,035
Creditors	370,662	-1,068,270	3,255,481	3,124,334	-60,776	-269,983	487,523	-2,181,198	-1,954,575	-450,714	1,872,952	704,066	71,192	2,839,078
Accruals and Deferred Income	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Deferred Taxes & Provisions	1,849	229	-232	2,600	2,041	77,607	-8,691	-6,805	87,272	0	0	0	0	0
Cash flow from operations	793,015	-820,703	3,577,204	3,699,937	83,685	-32,680	557,891	-1,934,541	-676,484	-333,006	2,405,361	-847,749	163,845	2,634,939
Investing Activities
capital expenditure	-1,075,968	-479,617	-2,572,179	-220,915	116,944	-818,231	-724,275	254,117	678,000	-722,989	-3,296,362	692,258	40,624	-2,969,939
Change in Investments	3	0	0	0	0	0	0	0	-23,999	0	24,000	2	0	2
cash flow from investments	-1,075,971	-479,617	-2,572,179	-220,915	116,944	-818,231	-724,275	254,117	701,999	-722,989	-3,320,362	692,256	40,624	-2,969,941
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	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	0
other long term liabilities	492,906	475,881	-195,000	-3,268,750	-157,500	135,000	206,250	1,355,000	68,102	-73,688	1,930,586	0	0	0
share issue	0	-29,727	0	0	-42,041	667,905	0	162,103	77,000	572,788	-461,000	-50,000	0	335,002
interest	6,255	597	618	805	9	62	72	450	430	1,391	1,390	512	512	0
cash flow from financing	499,161	446,751	-194,382	-3,267,945	-199,532	802,967	206,322	1,517,553	145,532	500,491	1,470,976	-49,488	512	335,002
cash and cash equivalents
cash	216,205	-853,569	810,643	211,076	1,097	-47,944	39,937	-162,871	171,047	-555,504	555,975	-204,981	204,981	0
overdraft	0	0	0	0	0	0	0	0	0	0	0	0	0	0
change in cash	216,205	-853,569	810,643	211,076	1,097	-47,944	39,937	-162,871	171,047	-555,504	555,975	-204,981	204,981	0

P&L

October 2022

turnover

10.3m

+4%

operating profit

489.2k

gross margin

9.7%

+14.11%

turnover

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

Balance Sheet

October 2022

net assets

3.8m

+0.12%

total assets

11.6m

+0.12%

cash

386.1k

+1.27%

net assets

Total assets minus all liabilities

Similar Companies

Agree?

samarkand developments limited

charybdis developments limited

lee doherty contractors limited

hoxton developments (london) ltd

2.5

t.e.b. (builders) limited

4.5

company number

05967396

Type

Private limited with Share Capital

industry

41100 - Development of building projects

incorporation date

October 2006

age

accounts

Unaudited Abridged

ultimate parent company

None

previous names

westlake properties (essex) ltd (June 2011)

incorporated

address

57a broadway, leigh-on-sea, essex, SS9 1PE

last accounts submitted

October 2022

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 found 32 charges/mortgages relating to westlake properties limited. Currently there are 30 open charges and 2 have been satisfied in the past.

westlake properties limited Company Information

westlake properties limited Estimated Valuation

westlake properties limited Estimated Valuation

westlake properties limited Estimated Valuation

Westlake Properties Limited AI Business Plan

Westlake Properties Limited Overview

Westlake Properties Limited Health Check

westlake properties limited Credit Report and Business Information

Westlake Properties Limited Competitor Analysis

westlake properties limited Ownership

westlake properties limited directors

WESTLAKE PROPERTIES LIMITED financials

westlake properties limited company details

westlake properties limited Charges & Mortgages

westlake properties limited Companies House Filings - See Documents