westcountry maintenance services ltd
westcountry maintenance services ltd Company Information
Company Number
06374970
Next Accounts
Sep 2025
Shareholders
anthea sussex
michael sussex
Group Structure
View All
Industry
Roofing activities
+3Registered Address
the gilberries new street, torrington, devon, EX38 8BY
Website
http://wms-gb.comwestcountry maintenance services ltd Estimated Valuation
Pomanda estimates the enterprise value of WESTCOUNTRY MAINTENANCE SERVICES LTD at £13.6m based on a Turnover of £23.3m and 0.58x industry multiple (adjusted for size and gross margin).
westcountry maintenance services ltd Estimated Valuation
Pomanda estimates the enterprise value of WESTCOUNTRY MAINTENANCE SERVICES LTD at £10.5m based on an EBITDA of £1.9m and a 5.45x industry multiple (adjusted for size and gross margin).
westcountry maintenance services ltd Estimated Valuation
Pomanda estimates the enterprise value of WESTCOUNTRY MAINTENANCE SERVICES LTD at £7.4m based on Net Assets of £3.1m and 2.43x industry multiple (adjusted for liquidity).
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Westcountry Maintenance Services Ltd Overview
Westcountry Maintenance Services Ltd is a live company located in devon, EX38 8BY with a Companies House number of 06374970. It operates in the electrical installation sector, SIC Code 43210. Founded in September 2007, it's largest shareholder is anthea sussex with a 50% stake. Westcountry Maintenance Services Ltd is a established, large sized company, Pomanda has estimated its turnover at £23.3m with high growth in recent years.
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Westcountry Maintenance Services Ltd Health Check
Pomanda's financial health check has awarded Westcountry Maintenance Services Ltd a 5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 1 areas for improvement. Company Health Check FAQs
5 Strong
6 Regular
1 Weak
Size
annual sales of £23.3m, make it larger than the average company (£1.4m)
£23.3m - Westcountry Maintenance Services Ltd
£1.4m - Industry AVG
Growth
3 year (CAGR) sales growth of 29%, show it is growing at a faster rate (11.3%)
29% - Westcountry Maintenance Services Ltd
11.3% - Industry AVG
Production
with a gross margin of 24.8%, this company has a comparable cost of product (27.6%)
24.8% - Westcountry Maintenance Services Ltd
27.6% - Industry AVG
Profitability
an operating margin of 6.8% make it as profitable than the average company (7.3%)
6.8% - Westcountry Maintenance Services Ltd
7.3% - Industry AVG
Employees
with 146 employees, this is above the industry average (11)
146 - Westcountry Maintenance Services Ltd
11 - Industry AVG
Pay Structure
on an average salary of £38.4k, the company has an equivalent pay structure (£40.5k)
£38.4k - Westcountry Maintenance Services Ltd
£40.5k - Industry AVG
Efficiency
resulting in sales per employee of £159.6k, this is equally as efficient (£148.6k)
£159.6k - Westcountry Maintenance Services Ltd
£148.6k - Industry AVG
Debtor Days
it gets paid by customers after 48 days, this is near the average (51 days)
48 days - Westcountry Maintenance Services Ltd
51 days - Industry AVG
Creditor Days
its suppliers are paid after 38 days, this is slower than average (32 days)
38 days - Westcountry Maintenance Services Ltd
32 days - Industry AVG
Stock Days
it holds stock equivalent to 32 days, this is more than average (12 days)
32 days - Westcountry Maintenance Services Ltd
12 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 27 weeks, this is more cash available to meet short term requirements (21 weeks)
27 weeks - Westcountry Maintenance Services Ltd
21 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 60.8%, this is a similar level of debt than the average (64.2%)
60.8% - Westcountry Maintenance Services Ltd
64.2% - Industry AVG
WESTCOUNTRY MAINTENANCE SERVICES LTD financials
Westcountry Maintenance Services Ltd's latest turnover from December 2023 is £23.3 million and the company has net assets of £3.1 million. According to their latest financial statements, Westcountry Maintenance Services Ltd has 146 employees and maintains cash reserves of £2 million 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 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 23,308,688 | 18,866,563 | 17,612,587 | 10,943,105 | 15,333,450 | 11,210,684 | 8,705,016 | 6,424,384 | 5,449,801 | ||||||
| Other Income Or Grants | |||||||||||||||
| Cost Of Sales | 17,525,178 | 14,524,131 | 14,401,784 | 8,933,103 | 11,893,502 | 8,649,807 | 6,718,027 | 4,925,891 | 4,289,859 | ||||||
| Gross Profit | 5,783,510 | 4,342,432 | 3,210,803 | 2,010,002 | 3,439,948 | 2,560,877 | 1,986,989 | 1,498,493 | 1,159,942 | ||||||
| Admin Expenses | 4,209,253 | 3,536,476 | 2,947,993 | 1,965,123 | 2,522,901 | 2,147,681 | 1,693,063 | 1,108,752 | 901,827 | ||||||
| Operating Profit | 1,574,257 | 805,956 | 262,810 | 44,879 | 917,047 | 413,196 | 293,926 | 389,741 | 258,115 | ||||||
| Interest Payable | 57,595 | 39,383 | 18,901 | 20,667 | 26,232 | 11,759 | 5,421 | 7,968 | 5,183 | ||||||
| Interest Receivable | 44 | 53 | |||||||||||||
| Pre-Tax Profit | 1,516,662 | 766,573 | 243,953 | 24,212 | 890,815 | 401,437 | 288,505 | 381,826 | 252,932 | ||||||
| Tax | -385,105 | -149,793 | -40,177 | -7,497 | -174,779 | -84,125 | -56,559 | -77,316 | -55,378 | ||||||
| Profit After Tax | 1,131,557 | 616,780 | 203,776 | 16,715 | 716,036 | 317,312 | 231,946 | 304,510 | 197,554 | ||||||
| Dividends Paid | 200,000 | 50,000 | 16,000 | 4,000 | 100,000 | ||||||||||
| Retained Profit | 931,557 | 566,780 | 203,776 | 715 | 712,036 | 317,312 | 231,946 | 204,510 | 197,554 | ||||||
| Employee Costs | 5,604,149 | 4,745,950 | 3,750,671 | 3,437,124 | 3,053,152 | 2,374,118 | |||||||||
| Number Of Employees | 146 | 131 | 110 | 111 | 97 | 76 | 59 | 48 | |||||||
| EBITDA* | 1,918,794 | 1,101,273 | 521,629 | 283,968 | 1,132,541 | 586,220 | 426,470 | 489,212 | 322,331 |
* 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 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 949,909 | 644,831 | 422,789 | 588,359 | 569,758 | 352,374 | 184,468 | 260,750 | 231,277 | 172,529 | 121,278 | 101,319 | 89,504 | 65,651 | 91,421 |
| Intangible Assets | 4,890 | 16,187 | 27,484 | 38,781 | 48,514 | ||||||||||
| Investments & Other | |||||||||||||||
| Debtors (Due After 1 year) | |||||||||||||||
| Total Fixed Assets | 949,909 | 644,831 | 422,789 | 588,359 | 574,648 | 368,561 | 211,952 | 299,531 | 279,791 | 172,529 | 121,278 | 101,319 | 89,504 | 65,651 | 91,421 |
| Stock & work in progress | 1,560,737 | 998,606 | 1,162,680 | 1,091,480 | 809,680 | 522,347 | 616,150 | 466,867 | 386,853 | 309,351 | 272,578 | 372,025 | 290,926 | 128,037 | 149,940 |
| Trade Debtors | 3,122,659 | 2,321,007 | 1,851,865 | 1,364,876 | 1,888,397 | 1,140,652 | 665,848 | 871,250 | 618,683 | 483,122 | 477,329 | 338,170 | 596,646 | 279,756 | 178,695 |
| Group Debtors | |||||||||||||||
| Misc Debtors | 132,455 | 107,420 | 89,471 | 127,844 | 83,712 | 60,870 | 62,412 | 35,001 | 28,724 | 26,611 | |||||
| Cash | 2,038,216 | 1,587,411 | 1,903,767 | 1,090,311 | 874,637 | 789,425 | 613,546 | 395,524 | 563,524 | 421,990 | 184,778 | 150,666 | 110,497 | 274,144 | 131,479 |
| misc current assets | |||||||||||||||
| total current assets | 6,854,067 | 5,014,444 | 5,007,783 | 3,674,511 | 3,656,426 | 2,513,294 | 1,957,956 | 1,768,642 | 1,597,784 | 1,241,074 | 934,685 | 860,861 | 998,069 | 681,937 | 460,114 |
| total assets | 7,803,976 | 5,659,275 | 5,430,572 | 4,262,870 | 4,231,074 | 2,881,855 | 2,169,908 | 2,068,173 | 1,877,575 | 1,413,603 | 1,055,963 | 962,180 | 1,087,573 | 747,588 | 551,535 |
| Bank overdraft | |||||||||||||||
| Bank loan | |||||||||||||||
| Trade Creditors | 1,864,100 | 1,348,590 | 1,476,114 | 1,324,079 | 1,203,230 | 905,457 | 632,655 | 649,142 | 341,633 | 370,800 | 523,879 | 465,757 | 556,145 | 436,701 | 322,986 |
| Group/Directors Accounts | |||||||||||||||
| other short term finances | 224,677 | 224,677 | 191,344 | 158,778 | 195,751 | 187,524 | 44,496 | 44,496 | 44,496 | ||||||
| hp & lease commitments | 294,383 | 171,359 | 152,722 | 235,378 | 199,340 | 119,444 | 76,286 | 47,659 | |||||||
| other current liabilities | 1,430,690 | 883,775 | 1,085,860 | 380,325 | 833,942 | 537,998 | 440,657 | 478,684 | 401,441 | 223,260 | |||||
| total current liabilities | 3,813,850 | 2,628,401 | 2,906,040 | 2,098,560 | 2,432,263 | 1,750,423 | 1,117,808 | 1,172,322 | 863,856 | 641,719 | 523,879 | 465,757 | 556,145 | 436,701 | 322,986 |
| loans | 391,668 | 591,668 | 791,667 | 500,000 | 134,101 | 305,175 | |||||||||
| hp & lease commitments | 300,548 | 151,254 | 89,559 | 196,420 | 203,286 | 125,296 | 80,872 | 55,967 | |||||||
| Accruals and Deferred Income | |||||||||||||||
| other liabilities | 28,093 | 87,773 | 29,958 | 22,810 | 28,274 | 13,142 | |||||||||
| provisions | 235,088 | 156,687 | 78,821 | 107,181 | 101,430 | 53,003 | 33,361 | 49,378 | 42,236 | 29,817 | 13,580 | 12,032 | 13,475 | 10,025 | 14,086 |
| total long term liabilities | 927,304 | 899,609 | 960,047 | 803,601 | 438,817 | 483,474 | 61,454 | 137,151 | 123,108 | 85,784 | 43,538 | 34,842 | 41,749 | 10,025 | 27,228 |
| total liabilities | 4,741,154 | 3,528,010 | 3,866,087 | 2,902,161 | 2,871,080 | 2,233,897 | 1,179,262 | 1,309,473 | 986,964 | 727,503 | 567,417 | 500,599 | 597,894 | 446,726 | 350,214 |
| net assets | 3,062,822 | 2,131,265 | 1,564,485 | 1,360,709 | 1,359,994 | 647,958 | 990,646 | 758,700 | 890,611 | 686,100 | 488,546 | 461,581 | 489,679 | 300,862 | 201,321 |
| total shareholders funds | 3,062,822 | 2,131,265 | 1,564,485 | 1,360,709 | 1,359,994 | 647,958 | 990,646 | 758,700 | 890,611 | 686,100 | 488,546 | 461,581 | 489,679 | 300,862 | 201,321 |
| 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 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | 1,574,257 | 805,956 | 262,810 | 44,879 | 917,047 | 413,196 | 293,926 | 389,741 | 258,115 | ||||||
| Depreciation | 344,537 | 295,317 | 258,819 | 234,199 | 204,197 | 161,727 | 121,247 | 100,342 | 93,063 | 64,216 | 48,123 | 33,398 | 32,853 | 27,767 | |
| Amortisation | 4,890 | 11,297 | 11,297 | 11,297 | 11,297 | 6,408 | |||||||||
| Tax | -385,105 | -149,793 | -40,177 | -7,497 | -174,779 | -84,125 | -56,559 | -77,316 | -55,378 | ||||||
| Stock | 562,131 | -164,074 | 71,200 | 281,800 | 287,333 | -93,803 | 149,283 | 80,014 | 77,502 | 36,773 | -99,447 | 81,099 | 162,889 | -21,903 | 149,940 |
| Debtors | 826,687 | 487,091 | 448,616 | -479,389 | 770,587 | 473,262 | -177,991 | 258,844 | 137,674 | 32,404 | 139,159 | -258,476 | 316,890 | 101,061 | 178,695 |
| Creditors | 515,510 | -127,524 | 152,035 | 120,849 | 297,773 | 272,802 | -16,487 | 307,509 | -29,167 | -153,079 | 58,122 | -90,388 | 119,444 | 113,715 | 322,986 |
| Accruals and Deferred Income | 546,915 | -202,085 | 705,535 | -453,617 | 295,944 | 97,341 | -38,027 | 77,243 | 178,181 | 223,260 | |||||
| Deferred Taxes & Provisions | 78,401 | 77,866 | -28,360 | 5,751 | 48,427 | 19,642 | -16,017 | 7,142 | 12,419 | 16,237 | 1,548 | -1,443 | 3,450 | -4,061 | 14,086 |
| Cash flow from operations | 1,285,697 | 376,720 | 790,846 | 147,043 | 541,986 | 512,421 | 328,088 | 358,153 | 284,194 | ||||||
| Investing Activities | |||||||||||||||
| capital expenditure | -325,924 | ||||||||||||||
| Change in Investments | |||||||||||||||
| cash flow from investments | -325,924 | ||||||||||||||
| Financing Activities | |||||||||||||||
| Bank loans | |||||||||||||||
| Group/Directors Accounts | |||||||||||||||
| Other Short Term Loans | 33,333 | 32,566 | -36,973 | 8,227 | 143,028 | 44,496 | |||||||||
| Long term loans | -200,000 | -199,999 | 291,667 | 365,899 | -171,074 | 305,175 | |||||||||
| Hire Purchase and Lease Commitments | 272,318 | 80,332 | -189,517 | 29,172 | 157,886 | 244,740 | -157,158 | 53,532 | 103,626 | ||||||
| other long term liabilities | -28,093 | -59,680 | 87,773 | -29,958 | 7,148 | -5,464 | 28,274 | -13,142 | 13,142 | ||||||
| share issue | |||||||||||||||
| interest | -57,595 | -39,383 | -18,857 | -20,667 | -26,232 | -11,759 | -5,421 | -7,915 | -5,183 | ||||||
| cash flow from financing | 14,723 | -125,717 | 115,859 | 337,431 | -31,193 | -6,909 | -65,101 | 90,114 | 68,485 | ||||||
| cash and cash equivalents | |||||||||||||||
| cash | 450,805 | -316,356 | 813,456 | 215,674 | 85,212 | 175,879 | 218,022 | -168,000 | 141,534 | 237,212 | 34,112 | 40,169 | -163,647 | 142,665 | 131,479 |
| overdraft | |||||||||||||||
| change in cash | 450,805 | -316,356 | 813,456 | 215,674 | 85,212 | 175,879 | 218,022 | -168,000 | 141,534 | 237,212 | 34,112 | 40,169 | -163,647 | 142,665 | 131,479 |
westcountry maintenance services ltd Credit Report and Business Information
Westcountry Maintenance Services Ltd Competitor Analysis
Perform a competitor analysis for westcountry maintenance services ltd by selecting its closest rivals, whether from the CONSTRUCTION sector, other large companies, companies in EX38 area or any other competitors across 12 key performance metrics.
westcountry maintenance services ltd Ownership
WESTCOUNTRY MAINTENANCE SERVICES LTD group structure
Westcountry Maintenance Services Ltd has 1 subsidiary company.
Ultimate parent company
WESTCOUNTRY MAINTENANCE SERVICES LTD
06374970
1 subsidiary
westcountry maintenance services ltd directors
Westcountry Maintenance Services Ltd currently has 2 directors. The longest serving directors include Mr Michael Sussex (Sep 2007) and Mrs Anthea Sussex (Sep 2007).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Michael Sussex | England | 55 years | Sep 2007 | - | Director |
| Mrs Anthea Sussex | England | 54 years | Sep 2007 | - | Director |
P&L
December 2023turnover
23.3m
+24%
operating profit
1.6m
+95%
gross margin
24.9%
+7.8%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
3.1m
+0.44%
total assets
7.8m
+0.38%
cash
2m
+0.28%
net assets
Total assets minus all liabilities
westcountry maintenance services ltd company details
company number
06374970
Type
Private limited with Share Capital
industry
43910 - Roofing activities
43210 - Electrical installation
43390 - Other building completion and finishing
incorporation date
September 2007
age
18
incorporated
UK
ultimate parent company
accounts
Group
last accounts submitted
December 2023
previous names
N/A
accountant
-
auditor
WESTCOTTS (SW) LLP
address
the gilberries new street, torrington, devon, EX38 8BY
Bank
LLOYDS TSB BANK PLC, LLOYDS TSB BANK PLC, LLOYDS TSB BANK PLC
Legal Advisor
-
westcountry maintenance services ltd 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 found 1 charges/mortgages relating to westcountry maintenance services ltd. Currently there are 1 open charges and 0 have been satisfied in the past.
westcountry maintenance services ltd Capital Raised & Share Issues BETA
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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westcountry maintenance services ltd Companies House Filings - See Documents
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