gwe business west ltd

gwe business west ltd Company Information

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EstablishedMidDeclining

Company Number

06399340

Industry

Other business support service activities n.e.c.

 

Directors

Philip Smith

Sarah Pullen

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Shareholders

business west (holdings)

Group Structure

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Contact

Registered Address

leigh court business centre, pill road, bristol, BS8 3RA

gwe business west ltd Estimated Valuation

£4.8m

Pomanda estimates the enterprise value of GWE BUSINESS WEST LTD at £4.8m based on a Turnover of £10.6m and 0.45x industry multiple (adjusted for size and gross margin).

gwe business west ltd Estimated Valuation

£0

Pomanda estimates the enterprise value of GWE BUSINESS WEST LTD at £0 based on an EBITDA of £-838.9k and a 3.22x industry multiple (adjusted for size and gross margin).

gwe business west ltd Estimated Valuation

£12m

Pomanda estimates the enterprise value of GWE BUSINESS WEST LTD at £12m based on Net Assets of £5.1m and 2.37x industry multiple (adjusted for liquidity).

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Gwe Business West Ltd Overview

Gwe Business West Ltd is a live company located in bristol, BS8 3RA with a Companies House number of 06399340. It operates in the other business support service activities n.e.c. sector, SIC Code 82990. Founded in October 2007, it's largest shareholder is business west (holdings) with a 100% stake. Gwe Business West Ltd is a established, mid sized company, Pomanda has estimated its turnover at £10.6m with declining growth in recent years.

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Gwe Business West Ltd Health Check

Pomanda's financial health check has awarded Gwe Business West Ltd a 3 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 5 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating3out of 5
positive_score

3 Strong

positive_score

3 Regular

positive_score

5 Weak

size

Size

annual sales of £10.6m, make it larger than the average company (£3.7m)

£10.6m - Gwe Business West Ltd

£3.7m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 0%, show it is growing at a slower rate (8.2%)

0% - Gwe Business West Ltd

8.2% - Industry AVG

production

Production

with a gross margin of 12.6%, this company has a higher cost of product (37.6%)

12.6% - Gwe Business West Ltd

37.6% - Industry AVG

profitability

Profitability

an operating margin of -8.5% make it less profitable than the average company (5.7%)

-8.5% - Gwe Business West Ltd

5.7% - Industry AVG

employees

Employees

with 168 employees, this is above the industry average (22)

168 - Gwe Business West Ltd

22 - Industry AVG

paystructure

Pay Structure

on an average salary of £46.4k, the company has an equivalent pay structure (£47k)

£46.4k - Gwe Business West Ltd

£47k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £63k, this is less efficient (£147.7k)

£63k - Gwe Business West Ltd

£147.7k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 31 days, this is near the average (37 days)

31 days - Gwe Business West Ltd

37 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 3 days, this is quicker than average (32 days)

3 days - Gwe Business West Ltd

32 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Gwe Business West Ltd

- - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 32 weeks, this is average cash available to meet short term requirements (27 weeks)

32 weeks - Gwe Business West Ltd

27 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 30.5%, this is a lower level of debt than the average (58.8%)

30.5% - Gwe Business West Ltd

58.8% - Industry AVG

GWE BUSINESS WEST LTD financials

EXPORTms excel logo

Gwe Business West Ltd's latest turnover from March 2024 is £10.6 million and the company has net assets of £5.1 million. According to their latest financial statements, Gwe Business West Ltd has 168 employees and maintains cash reserves of £1.3 million as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Turnover10,577,09611,657,91912,237,86910,713,12812,131,70914,239,47812,409,82210,144,43011,073,52815,547,97117,420,31914,376,78517,828,31327,124,84026,669,845
Other Income Or Grants000000000000000
Cost Of Sales9,245,3209,537,0389,923,8968,960,8479,637,54212,016,25710,385,1008,412,7519,393,56513,050,45314,627,30012,004,28915,445,63913,934,65212,696,502
Gross Profit1,331,7762,120,8812,313,9731,752,2812,494,1672,223,2212,024,7221,731,6791,679,9632,497,5182,793,0192,372,4962,382,67413,190,18813,973,343
Admin Expenses2,232,1662,384,8292,196,5111,883,8042,195,0741,710,6461,995,2021,782,3111,956,4052,295,1342,401,0442,334,7503,168,75916,185,49313,766,967
Operating Profit-900,390-263,948117,462-131,523299,093512,57529,520-50,632-276,442202,384391,97537,746-786,085-2,995,305206,376
Interest Payable13,61690,54884,5315,89855,69611,73051,15112,05814,77830,88249,54353,82657,56961,46667,843
Interest Receivable111,56891,84147,47684,46655,98549,10458,237116,92167,032329,10364,78362,99266,76193,757145,954
Pre-Tax Profit-802,438-262,65580,407-52,955299,382549,94936,60654,231-291,547587,255407,21546,912-776,893-2,963,014284,487
Tax00008,973-8,9730000001,25821,107-9,045
Profit After Tax-802,438-262,65580,407-52,955308,355540,97636,60654,231-291,547587,255407,21546,912-775,635-2,941,907275,442
Dividends Paid0000000000126,214126,214126,214126,214205,547
Retained Profit-802,438-262,65580,407-52,955308,355540,97636,60654,231-291,547587,255281,001-79,302-901,849-3,563,032-177,961
Employee Costs7,797,8197,589,6378,630,2527,625,7387,271,9147,703,2026,902,9796,077,1686,328,9526,990,2487,599,0906,323,2988,042,81413,203,01912,173,125
Number Of Employees168172202190183199169153171190202185216314340
EBITDA*-838,878-191,015189,148-61,249399,123632,050132,55425,313-194,259313,251505,257157,299-632,758-2,746,649395,586

* Earnings Before Interest, Tax, Depreciation and Amortisation

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Tangible Assets2,322,7592,215,1602,165,6542,180,5492,185,6282,240,5462,262,3122,224,7212,181,2682,179,9302,769,2132,760,5042,772,6302,804,4013,645,220
Intangible Assets0000000000000441,274468,853
Investments & Other510,000510,000510,000510,000510,000510,000510,000510,000510,000558,25778,257103,25785,00085,00025,000
Debtors (Due After 1 year)000000000000000
Total Fixed Assets2,832,7592,725,1602,675,6542,690,5492,695,6282,750,5462,772,3122,734,7212,691,2682,738,1872,847,4702,863,7612,857,6303,330,6754,139,073
Stock & work in progress0000000000013,40613,40613,40416,859
Trade Debtors926,629853,987714,402569,037682,927834,6841,358,534910,371824,7721,872,9151,041,7091,261,8132,013,9223,312,3262,025,288
Group Debtors000000000000000
Misc Debtors1,766,4691,464,7252,755,4042,084,0962,101,3582,775,5853,701,4662,058,9321,612,4712,480,6833,682,9213,347,6823,598,1603,975,3443,008,946
Cash1,343,7932,529,9642,069,1202,681,5702,904,9621,114,410761,1281,858,5151,981,1982,466,9391,519,3141,062,043525,0121,979,5005,079,349
misc current assets416,576820,422900,686980,071942,9800986,1551,265,4151,212,2911,279,6491,192,9971,274,2431,177,4981,096,0401,095,917
total current assets4,453,4675,669,0986,439,6126,314,7746,632,2275,712,7706,807,2836,093,2335,630,7328,100,1867,436,9416,959,1877,327,99810,376,61411,226,359
total assets7,286,2268,394,2589,115,2669,005,3239,327,8558,463,3169,579,5958,827,9548,322,00010,838,37310,284,4119,822,94810,185,62813,707,28915,365,432
Bank overdraft000000000000000
Bank loan104,476101,03295,83295,83397,69297,10297,10297,10297,10297,10297,10297,10297,10297,10297,102
Trade Creditors 100,76777,30725,279146,65950,719104,786228,474109,08573,708180,095223,247304,261618,950658,2721,304,264
Group/Directors Accounts000000000000000
other short term finances000000000000000
hp & lease commitments000000000000000
other current liabilities1,940,0012,179,5272,602,1652,360,5622,635,9891,938,6323,336,8262,654,9712,153,5814,189,6974,004,6213,534,3123,647,4546,541,2804,474,614
total current liabilities2,145,2442,357,8662,723,2762,603,0542,784,4002,140,5203,662,4022,861,1582,324,3914,466,8944,324,9703,935,6754,363,5067,296,6545,875,980
loans76,979169,951262,894353,580441,811529,507614,880701,090786,134868,457949,5151,029,2871,107,7931,555,6441,505,465
hp & lease commitments000000000000000
Accruals and Deferred Income0000000000749,286623,071000
other liabilities000000000000496,85700
provisions00000050,00050,00050,00050,000440,368614,398614,39842,94977,947
total long term liabilities76,979169,951262,894353,580441,811529,507664,880751,090836,134918,4572,139,1692,266,7562,219,0481,598,5931,583,412
total liabilities2,222,2232,527,8172,986,1702,956,6343,226,2112,670,0274,327,2823,612,2483,160,5255,385,3516,464,1396,202,4316,582,5548,895,2477,459,392
net assets5,064,0035,866,4416,129,0966,048,6896,101,6445,793,2895,252,3135,215,7065,161,4755,453,0223,820,2723,620,5173,603,0744,812,0426,892,469
total shareholders funds5,064,0035,866,4416,129,0966,048,6896,101,6445,793,2895,252,3135,215,7065,161,4755,453,0223,820,2723,620,5173,603,0744,812,0426,892,469
Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Operating Activities
Operating Profit-900,390-263,948117,462-131,523299,093512,57529,520-50,632-276,442202,384391,97537,746-786,085-2,995,305206,376
Depreciation61,51272,93371,68670,274100,030119,475103,03475,94582,183110,867113,282119,553153,327248,656189,210
Amortisation000000000000000
Tax00008,973-8,9730000001,25821,107-9,045
Stock0000000000-13,40602-3,45516,859
Debtors374,386-1,151,094816,673-131,152-825,984-1,449,7312,090,697532,060-1,916,355-371,032115,135-1,002,587-1,675,5882,253,4365,034,234
Creditors23,46052,028-121,38095,940-54,067-123,688119,38935,377-106,387-43,152-81,014-314,689-39,322-645,9921,304,264
Accruals and Deferred Income-239,526-422,638241,603-275,427697,357-1,398,194681,855501,390-2,036,116-564,210596,524509,929-2,893,8262,066,6664,474,614
Deferred Taxes & Provisions00000-50,000000-390,368-174,0300571,449-34,99877,947
Cash flow from operations-1,429,330589,469-507,302-109,5841,877,370500,926-1,156,89930,020-420,407-313,447745,0081,355,126-1,317,613-3,589,8471,192,273
Investing Activities
capital expenditure00000098,376-119,398-83,521-58,585-121,991-107,427-123,370-182,832-167,403
Change in Investments00000000-48,257480,000-25,00018,257060,00025,000
cash flow from investments00000098,376-119,398-35,264-538,585-96,991-125,684-123,370-242,832-192,403
Financing Activities
Bank loans3,4445,200-1-1,85959000000000097,102
Group/Directors Accounts000000000000000
Other Short Term Loans 000000000000000
Long term loans-92,972-92,943-90,686-88,231-87,696-85,373-86,210-85,044-82,323-81,058-79,772-78,506-447,85150,1791,505,465
Hire Purchase and Lease Commitments000000000000000
other long term liabilities00000000000-496,857496,85700
share issue0000001001,045,495-81,24696,745-307,1191,482,6057,070,430
interest97,9521,293-37,05578,56828937,3747,086104,86352,254298,22115,2409,1669,19232,29178,111
cash flow from financing8,424-86,450-127,742-11,522-86,817-47,999-79,12319,819-30,0691,262,658-145,778-469,452-248,9211,565,0758,751,108
cash and cash equivalents
cash-1,186,171460,844-612,450-223,3921,790,552353,282-1,097,387-122,683-485,741947,625457,271537,031-1,454,488-3,099,8495,079,349
overdraft000000000000000
change in cash-1,186,171460,844-612,450-223,3921,790,552353,282-1,097,387-122,683-485,741947,625457,271537,031-1,454,488-3,099,8495,079,349

gwe business west ltd Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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Gwe Business West Ltd Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for gwe business west ltd by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other mid companies, companies in BS8 area or any other competitors across 12 key performance metrics.

gwe business west ltd Ownership

GWE BUSINESS WEST LTD group structure

Gwe Business West Ltd has 3 subsidiary companies.

GWE BUSINESS WEST LTD Shareholders

business west (holdings) 100%

gwe business west ltd directors

Gwe Business West Ltd currently has 14 directors. The longest serving directors include Mr Philip Smith (Dec 2007) and Ms Sarah Pullen (Jul 2013).

officercountryagestartendrole
Mr Philip Smith62 years Dec 2007- Director
Ms Sarah PullenEngland53 years Jul 2013- Director
Mr Richard BonnerEngland55 years Mar 2016- Director
Mr Jack Frost71 years Mar 2017- Director
Mr Simon PrescottEngland53 years Nov 2019- Director
Mr Peter BoucherEngland54 years Nov 2019- Director
Mr Adebola Adebayo44 years Jan 2021- Director
Mr Pipim OseiEngland42 years Jan 2021- Director
Canon Doctor John Savage CbeEngland80 years Oct 2021- Director
Mr Colin SkellettEngland79 years Oct 2021- Director

P&L

March 2024

turnover

10.6m

-9%

operating profit

-900.4k

+241%

gross margin

12.6%

-30.79%

turnover

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

Balance Sheet

March 2024

net assets

5.1m

-0.14%

total assets

7.3m

-0.13%

cash

1.3m

-0.47%

net assets

Total assets minus all liabilities

gwe business west ltd company details

company number

06399340

Type

Private limited with Share Capital

industry

82990 - Other business support service activities n.e.c.

incorporation date

October 2007

age

18

incorporated

UK

ultimate parent company

accounts

Full Accounts

last accounts submitted

March 2024

previous names

startmode limited (December 2007)

accountant

-

auditor

CLA EVELYN PARTNERS LIMITED

address

leigh court business centre, pill road, bristol, BS8 3RA

Bank

HSBC BANK PLC

Legal Advisor

GARDNER LEADER

gwe business west 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 gwe business west ltd. Currently there are 1 open charges and 0 have been satisfied in the past.

gwe business west 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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gwe business west ltd Companies House Filings - See Documents

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