westgate sports limited
westgate sports limited Company Information
Company Number
07101330
Next Accounts
Sep 2025
Shareholders
bernard james michael lynch
paul norman
View AllGroup Structure
View All
Industry
Retail sale of clothing in specialised stores
Registered Address
41 briardene, burnopfield, newcastle upon tyne, NE16 6LJ
Website
www.westgatesports.co.ukwestgate sports limited Estimated Valuation
Pomanda estimates the enterprise value of WESTGATE SPORTS LIMITED at £5.6k based on a Turnover of £14.4k and 0.39x industry multiple (adjusted for size and gross margin).
westgate sports limited Estimated Valuation
Pomanda estimates the enterprise value of WESTGATE SPORTS LIMITED at £0 based on an EBITDA of £-1.1k and a 3.98x industry multiple (adjusted for size and gross margin).
westgate sports limited Estimated Valuation
Pomanda estimates the enterprise value of WESTGATE SPORTS LIMITED at £0 based on Net Assets of £-15.7k and 2.33x industry multiple (adjusted for liquidity).
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Westgate Sports Limited Overview
Westgate Sports Limited is a live company located in newcastle upon tyne, NE16 6LJ with a Companies House number of 07101330. It operates in the retail sale of clothing in specialised stores sector, SIC Code 47710. Founded in December 2009, it's largest shareholder is bernard james michael lynch with a 50% stake. Westgate Sports Limited is a established, micro sized company, Pomanda has estimated its turnover at £14.4k with declining growth in recent years.
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Westgate Sports Limited Health Check
Pomanda's financial health check has awarded Westgate Sports Limited a 0.5 rating. We use a traffic light system to show it exceeds the industry average on 0 measures and has 9 areas for improvement. Company Health Check FAQs
0 Strong
2 Regular
9 Weak
Size
annual sales of £14.4k, make it smaller than the average company (£11.9m)
- Westgate Sports Limited
£11.9m - Industry AVG
Growth
3 year (CAGR) sales growth of -3%, show it is growing at a slower rate (7.9%)
- Westgate Sports Limited
7.9% - Industry AVG
Production
with a gross margin of 51.1%, this company has a comparable cost of product (51.1%)
- Westgate Sports Limited
51.1% - Industry AVG
Profitability
an operating margin of -7.3% make it less profitable than the average company (4.6%)
- Westgate Sports Limited
4.6% - Industry AVG
Employees
with 1 employees, this is below the industry average (64)
- Westgate Sports Limited
64 - Industry AVG
Pay Structure
on an average salary of £28.7k, the company has an equivalent pay structure (£28.7k)
- Westgate Sports Limited
£28.7k - Industry AVG
Efficiency
resulting in sales per employee of £14.4k, this is less efficient (£170.8k)
- Westgate Sports Limited
£170.8k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Westgate Sports Limited
- - Industry AVG
Creditor Days
its suppliers are paid after 4 days, this is quicker than average (38 days)
- Westgate Sports Limited
38 days - Industry AVG
Stock Days
it holds stock equivalent to 1394 days, this is more than average (142 days)
- Westgate Sports Limited
142 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 2 weeks, this is less cash available to meet short term requirements (12 weeks)
2 weeks - Westgate Sports Limited
12 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 154.1%, this is a higher level of debt than the average (72.6%)
154.1% - Westgate Sports Limited
72.6% - Industry AVG
WESTGATE SPORTS LIMITED financials
Westgate Sports Limited's latest turnover from December 2023 is estimated at £14.4 thousand and the company has net assets of -£15.7 thousand. According to their latest financial statements, we estimate that Westgate Sports Limited has 1 employee and maintains cash reserves of £2.1 thousand 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | ||||||||||||||
| Other Income Or Grants | ||||||||||||||
| Cost Of Sales | ||||||||||||||
| Gross Profit | ||||||||||||||
| Admin Expenses | ||||||||||||||
| Operating Profit | ||||||||||||||
| Interest Payable | ||||||||||||||
| Interest Receivable | ||||||||||||||
| Pre-Tax Profit | ||||||||||||||
| Tax | ||||||||||||||
| Profit After Tax | ||||||||||||||
| Dividends Paid | ||||||||||||||
| Retained Profit | ||||||||||||||
| Employee Costs | ||||||||||||||
| Number Of Employees | ||||||||||||||
| EBITDA* |
* 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 100 | 25 | 1,262 | 2,187 | ||||||||||
| Intangible Assets | ||||||||||||||
| Investments & Other | ||||||||||||||
| Debtors (Due After 1 year) | ||||||||||||||
| Total Fixed Assets | 100 | 25 | 1,262 | 2,187 | ||||||||||
| Stock & work in progress | 26,862 | 26,847 | 26,169 | 30,655 | 43,634 | 49,818 | 57,750 | 34,963 | 25,347 | 26,737 | 33,994 | 29,510 | 31,993 | 29,950 |
| Trade Debtors | 110 | 110 | 1,647 | 439 | ||||||||||
| Group Debtors | ||||||||||||||
| Misc Debtors | 75 | |||||||||||||
| Cash | 2,090 | 3,935 | 5,577 | 3,392 | 3,275 | 1,703 | 661 | 4,968 | 14,726 | 1,375 | 2,677 | 1,105 | 908 | 1,402 |
| misc current assets | ||||||||||||||
| total current assets | 29,027 | 30,782 | 31,746 | 34,047 | 46,909 | 51,521 | 58,411 | 39,931 | 40,073 | 28,222 | 36,781 | 32,262 | 32,901 | 31,791 |
| total assets | 29,027 | 30,782 | 31,746 | 34,147 | 46,909 | 51,521 | 58,411 | 39,931 | 40,098 | 29,484 | 38,968 | 32,262 | 32,901 | 31,791 |
| Bank overdraft | ||||||||||||||
| Bank loan | ||||||||||||||
| Trade Creditors | 84 | 203 | 161 | 135 | 61 | 9,038 | 4,511 | 5,211 | 6,387 | 8,741 | 5,570 | 4,780 | 5,690 | |
| Group/Directors Accounts | 46,100 | 59,400 | ||||||||||||
| other short term finances | ||||||||||||||
| hp & lease commitments | ||||||||||||||
| other current liabilities | 44,651 | 45,390 | 46,218 | 2,176 | 60,276 | 3,369 | 58,167 | 39,807 | 37,987 | |||||
| total current liabilities | 44,735 | 45,593 | 46,218 | 48,437 | 60,411 | 62,830 | 67,205 | 44,318 | 43,198 | 6,387 | 8,741 | 5,570 | 4,780 | 5,690 |
| loans | ||||||||||||||
| hp & lease commitments | ||||||||||||||
| Accruals and Deferred Income | ||||||||||||||
| other liabilities | 27,728 | 35,473 | 31,366 | 31,721 | 29,099 | |||||||||
| provisions | ||||||||||||||
| total long term liabilities | 27,728 | 35,473 | 31,366 | 31,721 | 29,099 | |||||||||
| total liabilities | 44,735 | 45,593 | 46,218 | 48,437 | 60,411 | 62,830 | 67,205 | 44,318 | 43,198 | 34,115 | 44,214 | 36,936 | 36,501 | 34,789 |
| net assets | -15,708 | -14,811 | -14,472 | -14,290 | -13,502 | -11,309 | -8,794 | -4,387 | -3,100 | -4,631 | -5,246 | -4,674 | -3,600 | -2,998 |
| total shareholders funds | -15,708 | -14,811 | -14,472 | -14,290 | -13,502 | -11,309 | -8,794 | -4,387 | -3,100 | -4,631 | -5,246 | -4,674 | -3,600 | -2,998 |
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||||
| Operating Profit | ||||||||||||||
| Depreciation | 100 | 100 | 275 | 1,237 | 1,525 | 313 | ||||||||
| Amortisation | ||||||||||||||
| Tax | ||||||||||||||
| Stock | 15 | 678 | -4,486 | -12,979 | -6,184 | -7,932 | 22,787 | 9,616 | -1,390 | -7,257 | 4,484 | -2,483 | 2,043 | 29,950 |
| Debtors | 75 | -110 | -1,537 | 1,647 | -439 | 439 | ||||||||
| Creditors | -119 | 203 | -161 | 26 | 74 | -8,977 | 4,527 | -700 | -1,176 | -2,354 | 3,171 | 790 | -910 | 5,690 |
| Accruals and Deferred Income | -739 | -828 | 44,042 | -58,100 | 56,907 | -54,798 | 18,360 | 1,820 | 37,987 | |||||
| Deferred Taxes & Provisions | ||||||||||||||
| Cash flow from operations | ||||||||||||||
| Investing Activities | ||||||||||||||
| capital expenditure | ||||||||||||||
| Change in Investments | ||||||||||||||
| cash flow from investments | ||||||||||||||
| Financing Activities | ||||||||||||||
| Bank loans | ||||||||||||||
| Group/Directors Accounts | -46,100 | 46,100 | -59,400 | 59,400 | ||||||||||
| Other Short Term Loans | ||||||||||||||
| Long term loans | ||||||||||||||
| Hire Purchase and Lease Commitments | ||||||||||||||
| other long term liabilities | -27,728 | -7,745 | 4,107 | -355 | 2,622 | 29,099 | ||||||||
| share issue | ||||||||||||||
| interest | ||||||||||||||
| cash flow from financing | ||||||||||||||
| cash and cash equivalents | ||||||||||||||
| cash | -1,845 | -1,642 | 2,185 | 117 | 1,572 | 1,042 | -4,307 | -9,758 | 13,351 | -1,302 | 1,572 | 197 | -494 | 1,402 |
| overdraft | ||||||||||||||
| change in cash | -1,845 | -1,642 | 2,185 | 117 | 1,572 | 1,042 | -4,307 | -9,758 | 13,351 | -1,302 | 1,572 | 197 | -494 | 1,402 |
westgate sports limited Credit Report and Business Information
Westgate Sports Limited Competitor Analysis
Perform a competitor analysis for westgate sports limited by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other micro companies, companies in NE16 area or any other competitors across 12 key performance metrics.
westgate sports limited Ownership
WESTGATE SPORTS LIMITED group structure
Westgate Sports Limited has no subsidiary companies.
Ultimate parent company
WESTGATE SPORTS LIMITED
07101330
westgate sports limited directors
Westgate Sports Limited currently has 3 directors. The longest serving directors include Mr James Lynch (Dec 2009) and Mr Paul Orangetree (Dec 2009).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr James Lynch | United Kingdom | 39 years | Dec 2009 | - | Director |
| Mr Paul Orangetree | England | 60 years | Dec 2009 | - | Director |
| Mr Bernard Lynch | United Kingdom | 72 years | Dec 2009 | - | Director |
P&L
December 2023turnover
14.4k
-6%
operating profit
-1.1k
0%
gross margin
51.1%
+1.34%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
-15.7k
+0.06%
total assets
29k
-0.06%
cash
2.1k
-0.47%
net assets
Total assets minus all liabilities
westgate sports limited company details
company number
07101330
Type
Private limited with Share Capital
industry
47710 - Retail sale of clothing in specialised stores
incorporation date
December 2009
age
16
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
December 2023
previous names
N/A
accountant
-
auditor
-
address
41 briardene, burnopfield, newcastle upon tyne, NE16 6LJ
Bank
-
Legal Advisor
-
westgate sports 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 westgate sports limited.
westgate sports 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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westgate sports limited Companies House Filings - See Documents
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