westgarth haulage limited

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westgarth haulage limited Company Information

Share WESTGARTH HAULAGE LIMITED

Company Number

06533953

Shareholders

timothy peter westgarth

paul anthony westgarth

Group Structure

View All

Industry

Freight transport by road

 

Registered Address

pond dale gilling west, richmond, DL10 5LB

Website

-

westgarth haulage limited Estimated Valuation

£764.2k

Pomanda estimates the enterprise value of WESTGARTH HAULAGE LIMITED at £764.2k based on a Turnover of £1.4m and 0.54x industry multiple (adjusted for size and gross margin).

westgarth haulage limited Estimated Valuation

£0

Pomanda estimates the enterprise value of WESTGARTH HAULAGE LIMITED at £0 based on an EBITDA of £-902.1k and a 3.79x industry multiple (adjusted for size and gross margin).

westgarth haulage limited Estimated Valuation

£3.9m

Pomanda estimates the enterprise value of WESTGARTH HAULAGE LIMITED at £3.9m based on Net Assets of £1.5m and 2.69x industry multiple (adjusted for liquidity).

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Westgarth Haulage Limited Overview

Westgarth Haulage Limited is a live company located in richmond, DL10 5LB with a Companies House number of 06533953. It operates in the freight transport by road sector, SIC Code 49410. Founded in March 2008, it's largest shareholder is timothy peter westgarth with a 50% stake. Westgarth Haulage Limited is a established, small sized company, Pomanda has estimated its turnover at £1.4m with healthy growth in recent years.

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Westgarth Haulage Limited Health Check

Pomanda's financial health check has awarded Westgarth Haulage Limited a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 3 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating4.5out of 5
positive_score

3 Strong

positive_score

5 Regular

positive_score

3 Weak

size

Size

annual sales of £1.4m, make it smaller than the average company (£10.2m)

£1.4m - Westgarth Haulage Limited

£10.2m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 9%, show it is growing at a similar rate (9.1%)

9% - Westgarth Haulage Limited

9.1% - Industry AVG

production

Production

with a gross margin of 22.6%, this company has a comparable cost of product (22.6%)

22.6% - Westgarth Haulage Limited

22.6% - Industry AVG

profitability

Profitability

an operating margin of -88.3% make it less profitable than the average company (5.1%)

-88.3% - Westgarth Haulage Limited

5.1% - Industry AVG

employees

Employees

with 12 employees, this is below the industry average (63)

12 - Westgarth Haulage Limited

63 - Industry AVG

paystructure

Pay Structure

on an average salary of £41k, the company has an equivalent pay structure (£41k)

£41k - Westgarth Haulage Limited

£41k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £116.9k, this is equally as efficient (£135.6k)

£116.9k - Westgarth Haulage Limited

£135.6k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 58 days, this is near the average (52 days)

58 days - Westgarth Haulage Limited

52 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 36 days, this is slower than average (31 days)

36 days - Westgarth Haulage Limited

31 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Westgarth Haulage Limited

- - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 38 weeks, this is more cash available to meet short term requirements (13 weeks)

38 weeks - Westgarth Haulage Limited

13 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 41.2%, this is a lower level of debt than the average (60%)

41.2% - Westgarth Haulage Limited

60% - Industry AVG

WESTGARTH HAULAGE LIMITED financials

EXPORTms excel logo

Westgarth Haulage Limited's latest turnover from March 2024 is estimated at £1.4 million and the company has net assets of £1.5 million. According to their latest financial statements, Westgarth Haulage Limited has 12 employees and maintains cash reserves of £497.5 thousand 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
Turnover1,402,5051,426,5601,675,2891,087,7911,092,3901,491,643954,871926,0821,088,2983,988,2884,249,6544,320,8294,004,3921,839,4031,850,868
Other Income Or Grants
Cost Of Sales1,085,3851,120,4161,317,639864,200873,3421,198,982761,185731,873868,8653,222,2633,454,9963,521,7653,243,1371,468,9891,459,248
Gross Profit317,120306,145357,649223,591219,048292,661193,686194,209219,433766,026794,659799,064761,255370,414391,620
Admin Expenses1,555,833441,209638-205,677-74,480581,245-13,587-160,722308,721567,779537,476503,138283,603-136,743-347,499
Operating Profit-1,238,713-135,064357,011429,268293,528-288,584207,273354,931-89,288198,247257,183295,926477,652507,157739,119
Interest Payable
Interest Receivable23,61610,2642,0674873124,0564,7011,7332,3342,1392,6192,6913,1503,2781,174
Pre-Tax Profit-1,215,097-124,800359,078429,756293,840-284,528211,974356,664-86,954200,386259,803298,617480,801510,435740,293
Tax-68,225-81,654-55,830-40,275-71,333-42,081-59,755-71,668-125,008-142,922-207,282
Profit After Tax-1,215,097-124,800290,853348,102238,010-284,528171,699285,331-86,954158,305200,048226,949355,793367,513533,011
Dividends Paid
Retained Profit-1,215,097-124,800290,853348,102238,010-284,528171,699285,331-86,954158,305200,048226,949355,793367,513533,011
Employee Costs492,567432,313372,364379,388411,253371,662356,652322,167378,0901,064,5321,134,8971,159,7251,073,803512,682541,060
Number Of Employees121110111211111012353839371819
EBITDA*-902,112209,677665,266684,254574,11587,137530,079628,343161,939452,963461,068423,339572,952596,146839,135

* Earnings Before Interest, Tax, Depreciation and Amortisation

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Tangible Assets1,434,4571,277,9451,326,4891,178,190917,5381,127,164968,422820,242753,685764,152611,658382,241285,904266,968300,050
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets1,434,4571,277,9451,326,4891,178,190917,5381,127,164968,422820,242753,685764,152611,658382,241285,904266,968300,050
Stock & work in progress
Trade Debtors225,656255,496348,254219,174175,846361,482174,393187,428150,555928,1451,011,736873,188881,199199,310181,214
Group Debtors
Misc Debtors331,9451,377,2451,569,064950,260933,897608,034404,627392,957746,7701009090
Cash497,524402,13280,888470,326503,802119,963961,530918,973467,442466,133389,579658,206418,355841,567469,678
misc current assets
total current assets1,055,1252,034,8731,998,2061,639,7601,613,5451,089,4791,540,5501,499,3581,364,7671,394,3781,401,3151,531,3941,299,6441,040,967650,892
total assets2,489,5823,312,8183,324,6952,817,9502,531,0832,216,6432,508,9722,319,6002,118,4522,158,5302,012,9731,913,6351,585,5481,307,935950,942
Bank overdraft
Bank loan
Trade Creditors 107,475108,991174,07256,79879,15378,84262,59446,761122,626213,216209,593346,925293,924358,992358,003
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities559,158204,91041,92761,825177,45590,216141,401144,797150,159
total current liabilities666,633313,901215,999118,623256,608169,058203,995191,558272,785213,216209,593346,925293,924358,992358,003
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities7,78857,32546,84828,07459,828
provisions358,614319,485304,464185,948109,198120,31893,18287,94690,90295,80762,64136,49635,20720,245
total long term liabilities358,614319,485304,464185,948109,198120,31893,18287,94690,902103,595119,96683,34435,20748,31959,828
total liabilities1,025,247633,386520,463304,571365,806289,376297,177279,504363,687316,811329,559430,269329,131407,311417,831
net assets1,464,3352,679,4322,804,2322,513,3792,165,2771,927,2672,211,7952,040,0961,754,7651,841,7191,683,4141,483,3661,256,417900,624533,111
total shareholders funds1,464,3352,679,4322,804,2322,513,3792,165,2771,927,2672,211,7952,040,0961,754,7651,841,7191,683,4141,483,3661,256,417900,624533,111
Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Operating Activities
Operating Profit-1,238,713-135,064357,011429,268293,528-288,584207,273354,931-89,288198,247257,183295,926477,652507,157739,119
Depreciation336,601344,741308,255254,986280,587375,721322,806273,412251,227254,716203,885127,41395,30088,989100,016
Amortisation
Tax-68,225-81,654-55,830-40,275-71,333-42,081-59,755-71,668-125,008-142,922-207,282
Stock
Debtors-1,075,140-284,577747,88459,691140,227390,496-1,365-316,940-30,920-83,491138,548-8,101681,88918,186181,214
Creditors-1,516-65,081117,274-22,35531116,24815,833-75,865-90,5903,623-137,33253,001-65,068989358,003
Accruals and Deferred Income354,248162,983-19,898-115,63087,239-51,185-3,396-5,362150,159
Deferred Taxes & Provisions39,12915,021118,51676,750-11,12027,1365,236-2,956-4,90533,16626,1451,28914,96220,245
Cash flow from operations564,889607,17765,049481,674454,488-311,160508,842789,767247,523531,162151,578414,062-284,051456,272808,642
Investing Activities
capital expenditure-493,113-296,197-456,554-515,638-70,961-534,463-470,986-339,969-240,760-407,210-433,302-223,750-114,236-55,907-400,066
Change in Investments
cash flow from investments-493,113-296,197-456,554-515,638-70,961-534,463-470,986-339,969-240,760-407,210-433,302-223,750-114,236-55,907-400,066
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities-7,788-49,53710,47746,848-28,074-31,75459,828
share issue100
interest23,61610,2642,0674873124,0564,7011,7332,3342,1392,6192,6913,1503,2781,174
cash flow from financing23,61610,2642,0674873124,0564,7011,733-5,454-47,39813,09649,539-24,924-28,47661,102
cash and cash equivalents
cash95,392321,244-389,438-33,476383,839-841,56742,557451,5311,30976,554-268,627239,851-423,212371,889469,678
overdraft
change in cash95,392321,244-389,438-33,476383,839-841,56742,557451,5311,30976,554-268,627239,851-423,212371,889469,678

westgarth haulage limited 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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Westgarth Haulage Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for westgarth haulage limited by selecting its closest rivals, whether from the TRANSPORTATION AND STORAGE sector, other small companies, companies in DL10 area or any other competitors across 12 key performance metrics.

westgarth haulage limited Ownership

WESTGARTH HAULAGE LIMITED group structure

Westgarth Haulage Limited has no subsidiary companies.

Ultimate parent company

WESTGARTH HAULAGE LIMITED

06533953

WESTGARTH HAULAGE LIMITED Shareholders

timothy peter westgarth 50%
paul anthony westgarth 50%

westgarth haulage limited directors

Westgarth Haulage Limited currently has 2 directors. The longest serving directors include Mr Timothy Westgarth (Mar 2008) and Mr Paul Westgarth (Mar 2008).

officercountryagestartendrole
Mr Timothy WestgarthEngland51 years Mar 2008- Director
Mr Paul WestgarthEngland57 years Mar 2008- Director

P&L

March 2024

turnover

1.4m

-2%

operating profit

-1.2m

0%

gross margin

22.7%

+5.36%

turnover

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

Balance Sheet

March 2024

net assets

1.5m

-0.45%

total assets

2.5m

-0.25%

cash

497.5k

+0.24%

net assets

Total assets minus all liabilities

westgarth haulage limited company details

company number

06533953

Type

Private limited with Share Capital

industry

49410 - Freight transport by road

incorporation date

March 2008

age

17

incorporated

UK

ultimate parent company

None

accounts

Total Exemption Full

last accounts submitted

March 2024

previous names

N/A

accountant

-

auditor

-

address

pond dale gilling west, richmond, DL10 5LB

Bank

-

Legal Advisor

-

westgarth haulage 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 westgarth haulage limited.

westgarth haulage 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.

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westgarth haulage limited Companies House Filings - See Documents

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