western biomass operating company limited
western biomass operating company limited Company Information
Company Number
06381244
Next Accounts
Sep 2025
Shareholders
burmeister & wain scandinavian contractor a/s
aalborg energie technik a-s
Group Structure
View All
Industry
Production of electricity
Registered Address
first floor templeback, 10 temple back, bristol, BS1 6FL
Website
-western biomass operating company limited Estimated Valuation
Pomanda estimates the enterprise value of WESTERN BIOMASS OPERATING COMPANY LIMITED at £6.7m based on a Turnover of £7m and 0.96x industry multiple (adjusted for size and gross margin).
western biomass operating company limited Estimated Valuation
Pomanda estimates the enterprise value of WESTERN BIOMASS OPERATING COMPANY LIMITED at £613.5k based on an EBITDA of £224.7k and a 2.73x industry multiple (adjusted for size and gross margin).
western biomass operating company limited Estimated Valuation
Pomanda estimates the enterprise value of WESTERN BIOMASS OPERATING COMPANY LIMITED at £4.4m based on Net Assets of £1.7m and 2.63x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Western Biomass Operating Company Limited Overview
Western Biomass Operating Company Limited is a live company located in bristol, BS1 6FL with a Companies House number of 06381244. It operates in the production of electricity sector, SIC Code 35110. Founded in September 2007, it's largest shareholder is burmeister & wain scandinavian contractor a/s with a 51% stake. Western Biomass Operating Company Limited is a established, mid sized company, Pomanda has estimated its turnover at £7m with high growth in recent years.
Upgrade for unlimited company reports & a free credit check
Western Biomass Operating Company Limited Health Check
Pomanda's financial health check has awarded Western Biomass Operating Company Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 5 areas for improvement. Company Health Check FAQs
4 Strong
2 Regular
5 Weak
Size
annual sales of £7m, make it larger than the average company (£1.8m)
£7m - Western Biomass Operating Company Limited
£1.8m - Industry AVG
Growth
3 year (CAGR) sales growth of 17%, show it is growing at a faster rate (10.8%)
17% - Western Biomass Operating Company Limited
10.8% - Industry AVG
Production
with a gross margin of 3.8%, this company has a higher cost of product (71%)
3.8% - Western Biomass Operating Company Limited
71% - Industry AVG
Profitability
an operating margin of 3.2% make it less profitable than the average company (51.1%)
3.2% - Western Biomass Operating Company Limited
51.1% - Industry AVG
Employees
with 27 employees, this is above the industry average (3)
27 - Western Biomass Operating Company Limited
3 - Industry AVG
Pay Structure
on an average salary of £62.6k, the company has a lower pay structure (£78.6k)
£62.6k - Western Biomass Operating Company Limited
£78.6k - Industry AVG
Efficiency
resulting in sales per employee of £259.8k, this is less efficient (£449.6k)
£259.8k - Western Biomass Operating Company Limited
£449.6k - Industry AVG
Debtor Days
it gets paid by customers after 890 days, this is later than average (16 days)
890 days - Western Biomass Operating Company Limited
16 days - Industry AVG
Creditor Days
its suppliers are paid after 20 days, this is close to average (21 days)
20 days - Western Biomass Operating Company Limited
21 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Western Biomass Operating Company Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 5 weeks, this is less cash available to meet short term requirements (9 weeks)
5 weeks - Western Biomass Operating Company Limited
9 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 91%, this is a similar level of debt than the average (90%)
91% - Western Biomass Operating Company Limited
90% - Industry AVG
WESTERN BIOMASS OPERATING COMPANY LIMITED financials
Western Biomass Operating Company Limited's latest turnover from December 2023 is £7 million and the company has net assets of £1.7 million. According to their latest financial statements, Western Biomass Operating Company Limited has 27 employees and maintains cash reserves of £1.7 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 | 7,014,975 | 8,879,978 | 6,722,465 | 4,389,399 | 4,787,188 | 4,685,626 | 4,544,952 | 2,210,801 | 1,015,041 | 1,748,736 | 2,490,929 | 1,600,486 | 1,434,911 | 1,213,290 | |
| Other Income Or Grants | |||||||||||||||
| Cost Of Sales | 6,750,561 | 8,362,811 | 6,342,631 | 4,122,112 | 4,515,087 | 4,417,210 | 4,304,313 | 2,087,646 | 524,849 | 1,145,949 | 1,587,346 | 1,133,735 | 997,087 | 799,222 | |
| Gross Profit | 264,414 | 517,167 | 379,834 | 267,287 | 272,101 | 268,416 | 240,639 | 123,155 | 490,192 | 602,787 | 903,583 | 466,751 | 437,824 | 414,068 | |
| Admin Expenses | 41,774 | 57,388 | 72,297 | 48,411 | 47,322 | 50,439 | 36,847 | 18,196 | 11,252 | -47,688 | 53,434 | 70,165 | 59,176 | 55,695 | 50,459 |
| Operating Profit | 222,640 | 459,779 | 307,537 | 218,876 | 224,779 | 217,977 | 203,792 | 104,959 | -11,252 | 537,880 | 549,353 | 833,418 | 407,575 | 382,129 | 363,609 |
| Interest Payable | 14,925 | 147,538 | 3,216 | 81,388 | 1,839 | 264 | 916 | 658 | 507 | 11,237 | 1,354 | 722 | 1,125 | 913 | 582 |
| Interest Receivable | 87,067 | 10,242 | 147,849 | 30,436 | 2,918 | 19 | 5 | 484 | 5 | 5 | 5 | 5 | 7 | ||
| Pre-Tax Profit | 294,782 | 322,483 | 452,170 | 167,924 | 225,858 | 217,866 | 205,130 | 113,257 | -31,168 | 527,127 | 548,004 | 832,701 | 408,246 | 381,221 | 363,034 |
| Tax | -70,208 | -60,395 | -86,938 | -33,324 | -43,648 | -41,927 | -36,819 | -23,198 | 6,597 | -113,240 | -119,899 | -196,728 | -91,845 | -88,459 | -86,475 |
| Profit After Tax | 224,574 | 262,088 | 365,232 | 134,600 | 182,210 | 175,939 | 168,311 | 90,059 | -24,571 | 413,887 | 428,105 | 635,973 | 316,401 | 292,762 | 276,559 |
| Dividends Paid | 350,000 | 550,000 | 500,000 | 310,000 | 290,000 | 190,000 | 250,000 | ||||||||
| Retained Profit | 224,574 | 262,088 | 365,232 | 134,600 | 182,210 | 175,939 | 168,311 | 90,059 | -374,571 | -136,113 | -71,895 | 325,973 | 26,401 | 102,762 | 26,559 |
| Employee Costs | 1,691,480 | 1,508,561 | 1,581,485 | 1,337,219 | 1,317,553 | 1,272,138 | 1,149,360 | 115,488 | 349,343 | 753,156 | 750,561 | 749,085 | 676,838 | 618,888 | |
| Number Of Employees | 27 | 26 | 26 | 26 | 26 | 26 | 21 | 6 | 4 | 9 | 18 | 18 | 18 | 18 | 17 |
| EBITDA* | 224,726 | 476,640 | 334,897 | 245,913 | 252,381 | 245,203 | 203,792 | 104,959 | -11,252 | 538,346 | 553,654 | 838,041 | 418,652 | 394,503 | 375,310 |
* 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 | 2,097 | 4,183 | 21,044 | 44,204 | 71,241 | 93,843 | 113,456 | 466 | 4,767 | 9,390 | 20,467 | 32,841 | |||
| Intangible Assets | |||||||||||||||
| Investments & Other | |||||||||||||||
| Debtors (Due After 1 year) | |||||||||||||||
| Total Fixed Assets | 2,097 | 4,183 | 21,044 | 44,204 | 71,241 | 93,843 | 113,456 | 466 | 4,767 | 9,390 | 20,467 | 32,841 | |||
| Stock & work in progress | |||||||||||||||
| Trade Debtors | 17,120,463 | 15,849,689 | 12,586,696 | 5,299,186 | 6,135,895 | 6,271,105 | 3,112,452 | 912,083 | 174,283 | 362,449 | 193,665 | 201,647 | 144,449 | ||
| Group Debtors | 20 | 100 | 21,128 | 16,101 | |||||||||||
| Misc Debtors | 100,000 | 110,357 | 118 | 105 | 63 | 15,067 | 84,947 | 1,874 | 7,513 | 916 | 2,631 | 51,240 | 6,414 | ||
| Cash | 1,680,307 | 769,400 | 725,772 | 935,324 | 150,827 | 85,296 | 42,370 | 114,550 | 102,632 | 588,277 | 726,850 | 890,450 | 1,314,069 | 894,912 | 744,259 |
| misc current assets | |||||||||||||||
| total current assets | 18,900,770 | 16,729,446 | 13,312,586 | 6,234,615 | 6,286,785 | 6,371,468 | 3,239,769 | 1,028,507 | 110,145 | 589,193 | 903,784 | 1,304,139 | 1,514,248 | 1,117,687 | 904,809 |
| total assets | 18,902,867 | 16,733,629 | 13,333,630 | 6,278,819 | 6,358,026 | 6,465,311 | 3,353,225 | 1,028,507 | 110,145 | 589,193 | 904,250 | 1,308,906 | 1,523,638 | 1,138,154 | 937,650 |
| Bank overdraft | |||||||||||||||
| Bank loan | |||||||||||||||
| Trade Creditors | 385,704 | 350,926 | 209,146 | 181,127 | 250,641 | 16,370 | 37,624 | 3,924 | 28,518 | 60,994 | |||||
| Group/Directors Accounts | 9,204,937 | 5,786,554 | 5,350,569 | 4,933,099 | 5,030,423 | 5,807,014 | 2,879,859 | 800,808 | 51,473 | 20,300 | 21,555 | 9,387 | |||
| other short term finances | |||||||||||||||
| hp & lease commitments | |||||||||||||||
| other current liabilities | 7,619,068 | 9,127,565 | 6,563,463 | 315,923 | 358,187 | 101,520 | 67,939 | 43,571 | 20,000 | 124,477 | 223,430 | 554,213 | 246,226 | 192,093 | 187,860 |
| total current liabilities | 17,209,709 | 15,265,045 | 12,123,178 | 5,430,149 | 5,639,251 | 5,924,904 | 2,985,422 | 848,303 | 20,000 | 124,477 | 303,421 | 635,507 | 267,781 | 192,093 | 197,247 |
| loans | |||||||||||||||
| hp & lease commitments | |||||||||||||||
| Accruals and Deferred Income | 575,997 | 380,698 | 274,942 | ||||||||||||
| other liabilities | 331,572 | 240,977 | 240,977 | ||||||||||||
| provisions | 3,956 | 7,406 | 12,111 | 15,953 | 19,288 | 675 | 1,537 | 4,036 | 6,896 | ||||||
| total long term liabilities | 3,956 | 7,406 | 12,111 | 15,953 | 19,288 | 675 | 909,106 | 625,711 | 522,815 | ||||||
| total liabilities | 17,209,709 | 15,265,045 | 12,127,134 | 5,437,555 | 5,651,362 | 5,940,857 | 3,004,710 | 848,303 | 20,000 | 124,477 | 303,421 | 636,182 | 1,176,887 | 817,804 | 720,062 |
| net assets | 1,693,158 | 1,468,584 | 1,206,496 | 841,264 | 706,664 | 524,454 | 348,515 | 180,204 | 90,145 | 464,716 | 600,829 | 672,724 | 346,751 | 320,350 | 217,588 |
| total shareholders funds | 1,693,158 | 1,468,584 | 1,206,496 | 841,264 | 706,664 | 524,454 | 348,515 | 180,204 | 90,145 | 464,716 | 600,829 | 672,724 | 346,751 | 320,350 | 217,588 |
| 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 | 222,640 | 459,779 | 307,537 | 218,876 | 224,779 | 217,977 | 203,792 | 104,959 | -11,252 | 537,880 | 549,353 | 833,418 | 407,575 | 382,129 | 363,609 |
| Depreciation | 2,086 | 16,861 | 27,360 | 27,037 | 27,602 | 27,226 | 466 | 4,301 | 4,623 | 11,077 | 12,374 | 11,701 | |||
| Amortisation | |||||||||||||||
| Tax | -70,208 | -60,395 | -86,938 | -33,324 | -43,648 | -41,927 | -36,819 | -23,198 | 6,597 | -113,240 | -119,899 | -196,728 | -91,845 | -88,459 | -86,475 |
| Stock | |||||||||||||||
| Debtors | 1,260,417 | 3,373,232 | 7,287,523 | -836,667 | -150,214 | 3,088,773 | 2,283,442 | 906,444 | 6,597 | -176,018 | -236,755 | 213,510 | -22,596 | 62,225 | 160,550 |
| Creditors | 34,778 | 141,780 | 28,019 | -69,514 | 234,271 | -21,254 | 33,700 | 3,924 | -28,518 | -32,476 | 60,994 | ||||
| Accruals and Deferred Income | -1,508,497 | 2,564,102 | 6,247,540 | -42,264 | 256,667 | 33,581 | 24,368 | 23,571 | -104,477 | -98,953 | -330,783 | -268,010 | 249,432 | 109,989 | 462,802 |
| Deferred Taxes & Provisions | -3,956 | -3,450 | -4,705 | -3,842 | -3,335 | 19,288 | -675 | -862 | -2,499 | -2,860 | 6,896 | ||||
| Cash flow from operations | -2,579,618 | -255,061 | -767,455 | 932,773 | 846,043 | -2,876,505 | -2,039,113 | -797,188 | -115,729 | 473,653 | 306,576 | 219,925 | 596,336 | 350,948 | 597,983 |
| Investing Activities | |||||||||||||||
| capital expenditure | |||||||||||||||
| Change in Investments | |||||||||||||||
| cash flow from investments | |||||||||||||||
| Financing Activities | |||||||||||||||
| Bank loans | |||||||||||||||
| Group/Directors Accounts | 3,418,383 | 435,985 | 417,470 | -97,324 | -776,591 | 2,927,155 | 2,079,051 | 800,808 | -51,473 | 31,173 | -1,255 | 21,555 | -9,387 | 9,387 | |
| Other Short Term Loans | |||||||||||||||
| Long term loans | |||||||||||||||
| Hire Purchase and Lease Commitments | |||||||||||||||
| other long term liabilities | -331,572 | 90,595 | 240,977 | ||||||||||||
| share issue | |||||||||||||||
| interest | 72,142 | -137,296 | 144,633 | -50,952 | 1,079 | -264 | -916 | -639 | -502 | -10,753 | -1,349 | -717 | -1,120 | -908 | -575 |
| cash flow from financing | 3,490,525 | 298,689 | 562,103 | -148,276 | -775,512 | 2,926,891 | 2,078,135 | 800,169 | -502 | -62,226 | 29,824 | -333,544 | 111,030 | -10,295 | 440,818 |
| cash and cash equivalents | |||||||||||||||
| cash | 910,907 | 43,628 | -209,552 | 784,497 | 65,531 | 42,926 | -72,180 | 11,918 | -485,645 | -138,573 | -163,600 | -423,619 | 419,157 | 150,653 | 744,259 |
| overdraft | |||||||||||||||
| change in cash | 910,907 | 43,628 | -209,552 | 784,497 | 65,531 | 42,926 | -72,180 | 11,918 | -485,645 | -138,573 | -163,600 | -423,619 | 419,157 | 150,653 | 744,259 |
western biomass operating company limited Credit Report and Business Information
Western Biomass Operating Company Limited Competitor Analysis
Perform a competitor analysis for western biomass operating company limited by selecting its closest rivals, whether from the ELECTRICITY, GAS, STEAM AND AIR CONDITIONING SUPPLY sector, other mid companies, companies in BS1 area or any other competitors across 12 key performance metrics.
western biomass operating company limited Ownership
WESTERN BIOMASS OPERATING COMPANY LIMITED group structure
Western Biomass Operating Company Limited has no subsidiary companies.
Ultimate parent company
BURMEISTER & WAIN SCANDINAVIAN CONTRACTO
#0075975
1 parent
WESTERN BIOMASS OPERATING COMPANY LIMITED
06381244
western biomass operating company limited directors
Western Biomass Operating Company Limited currently has 4 directors. The longest serving directors include Mr Hans Askou (Sep 2007) and Mr Lars Kristensen (Aug 2022).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Hans Askou | Denmark | 70 years | Sep 2007 | - | Director |
| Mr Lars Kristensen | Denmark | 58 years | Aug 2022 | - | Director |
| Mr Carsten Pustelnik | Denmark | 50 years | Mar 2024 | - | Director |
| Mr Lars Hauerslev | Denmark | 59 years | Mar 2024 | - | Director |
P&L
December 2023turnover
7m
-21%
operating profit
222.6k
-52%
gross margin
3.8%
-35.28%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
1.7m
+0.15%
total assets
18.9m
+0.13%
cash
1.7m
+1.18%
net assets
Total assets minus all liabilities
western biomass operating company limited company details
company number
06381244
Type
Private limited with Share Capital
industry
35110 - Production of electricity
incorporation date
September 2007
age
18
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
December 2023
previous names
N/A
accountant
-
auditor
KPMG LLP
address
first floor templeback, 10 temple back, bristol, BS1 6FL
Bank
-
Legal Advisor
-
western biomass operating company 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 biomass operating company limited.
western biomass operating company limited 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.
Click to start generating capital raising & share issue transactions for WESTERN BIOMASS OPERATING COMPANY LIMITED. This can take several minutes, an email will notify you when this has completed.
western biomass operating company limited Companies House Filings - See Documents
| date | description | view/download |
|---|
