westmount real estate ltd

westmount real estate ltd Company Information

Share WESTMOUNT REAL ESTATE LTD
Live 
EstablishedMicroHealthy

Company Number

08423914

Industry

Management of real estate on a fee or contract basis

 

Shareholders

simon richard conway smith

george thomas walsh-waring

Group Structure

View All

Contact

Registered Address

15a walm lane, willesden green, london, NW2 5SJ

westmount real estate ltd Estimated Valuation

£570.4k

Pomanda estimates the enterprise value of WESTMOUNT REAL ESTATE LTD at £570.4k based on a Turnover of £217.7k and 2.62x industry multiple (adjusted for size and gross margin).

westmount real estate ltd Estimated Valuation

£0

Pomanda estimates the enterprise value of WESTMOUNT REAL ESTATE LTD at £0 based on an EBITDA of £-16.2k and a 7.22x industry multiple (adjusted for size and gross margin).

westmount real estate ltd Estimated Valuation

£109.7k

Pomanda estimates the enterprise value of WESTMOUNT REAL ESTATE LTD at £109.7k based on Net Assets of £61.5k and 1.78x industry multiple (adjusted for liquidity).

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Westmount Real Estate Ltd Overview

Westmount Real Estate Ltd is a live company located in london, NW2 5SJ with a Companies House number of 08423914. It operates in the management of real estate on a fee or contract basis sector, SIC Code 68320. Founded in February 2013, it's largest shareholder is simon richard conway smith with a 50% stake. Westmount Real Estate Ltd is a established, micro sized company, Pomanda has estimated its turnover at £217.7k with healthy growth in recent years.

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Westmount Real Estate Ltd Health Check

Pomanda's financial health check has awarded Westmount Real Estate Ltd a 4 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 4 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating4out of 5
positive_score

3 Strong

positive_score

4 Regular

positive_score

4 Weak

size

Size

annual sales of £217.7k, make it smaller than the average company (£386.4k)

£217.7k - Westmount Real Estate Ltd

£386.4k - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 8%, show it is growing at a faster rate (5.9%)

8% - Westmount Real Estate Ltd

5.9% - Industry AVG

production

Production

with a gross margin of 58.3%, this company has a comparable cost of product (58.3%)

58.3% - Westmount Real Estate Ltd

58.3% - Industry AVG

profitability

Profitability

an operating margin of -7.4% make it less profitable than the average company (8%)

-7.4% - Westmount Real Estate Ltd

8% - Industry AVG

employees

Employees

with 2 employees, this is below the industry average (6)

2 - Westmount Real Estate Ltd

6 - Industry AVG

paystructure

Pay Structure

on an average salary of £40k, the company has an equivalent pay structure (£40k)

£40k - Westmount Real Estate Ltd

£40k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £108.9k, this is equally as efficient (£103.3k)

£108.9k - Westmount Real Estate Ltd

£103.3k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 67 days, this is later than average (45 days)

67 days - Westmount Real Estate Ltd

45 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 43 days, this is slower than average (29 days)

43 days - Westmount Real Estate Ltd

29 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Westmount Real Estate Ltd

- - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 66 weeks, this is more cash available to meet short term requirements (47 weeks)

66 weeks - Westmount Real Estate Ltd

47 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 54.7%, this is a similar level of debt than the average (59.7%)

54.7% - Westmount Real Estate Ltd

59.7% - Industry AVG

WESTMOUNT REAL ESTATE LTD financials

EXPORTms excel logo

Westmount Real Estate Ltd's latest turnover from March 2024 is estimated at £217.7 thousand and the company has net assets of £61.5 thousand. According to their latest financial statements, Westmount Real Estate Ltd has 2 employees and maintains cash reserves of £95.2 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Feb 2014
Turnover217,746152,143345,267170,540619,109319,610229,745114,971355,327207,96047,833
Other Income Or Grants00000000000
Cost Of Sales90,86948,535116,81753,851139,43066,43955,28527,208180,637112,85627,687
Gross Profit126,876103,607228,450116,689479,678253,171174,46187,762174,69095,10420,145
Admin Expenses143,098108,529179,548189,336551,132411,586591,891-781,556171,13015,69939,239
Operating Profit-16,222-4,92248,902-72,647-71,454-158,415-417,430869,3183,56079,405-19,094
Interest Payable00000000000
Interest Receivable5,5683,986561461292,5723,7801,6871,08940811
Pre-Tax Profit-10,654-93649,463-72,601-71,325-155,843-413,650871,0054,64979,814-19,083
Tax00-9,3980000-174,201-930-16,7610
Profit After Tax-10,654-93640,065-72,601-71,325-155,843-413,650696,8043,71963,053-19,083
Dividends Paid00000000000
Retained Profit-10,654-93640,065-72,601-71,325-155,843-413,650696,8043,71963,053-19,083
Employee Costs80,01678,76473,924105,675101,33199,756127,669127,152106,56366,16032,933
Number Of Employees22233344321
EBITDA*-16,222-4,86149,301-69,348-71,067-158,274-417,111870,7655,61381,398-18,546

* Earnings Before Interest, Tax, Depreciation and Amortisation

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Feb 2014
Tangible Assets00614603,7592,8562,9973,3164,1063,9763,929
Intangible Assets00000000000
Investments & Other00000000000
Debtors (Due After 1 year)00000000000
Total Fixed Assets00614603,7592,8562,9973,3164,1063,9763,929
Stock & work in progress00000000000
Trade Debtors40,50018,00060,00018,000162,06081,00043,8006,45852,27724,0386,000
Group Debtors00000000000
Misc Debtors11518,480359400001,41300727
Cash95,233116,88070,71078,91712,303246,524439,3971,072,520276,783158,8624,528
misc current assets00000000000
total current assets135,848153,360131,06996,957174,363327,524483,1971,080,391329,060182,90011,255
total assets135,848153,360131,13097,417178,122330,380486,1941,083,707333,166186,87615,184
Bank overdraft00000000000
Bank loan00000000000
Trade Creditors 10,7850004,1994,1994,1994,1994,1994,1994,199
Group/Directors Accounts1,4151,0001,0003,5870000000
other short term finances00000000000
hp & lease commitments00000000000
other current liabilities62,09980,15756,99159,75667,248148,181147,152330,913277,176134,60529,968
total current liabilities74,29981,15757,99163,34371,447152,380151,351335,112281,375138,80434,167
loans00000000000
hp & lease commitments00000000000
Accruals and Deferred Income00000000000
other liabilities00000000000
provisions00000000000
total long term liabilities00000000000
total liabilities74,29981,15757,99163,34371,447152,380151,351335,112281,375138,80434,167
net assets61,54972,20373,13934,074106,675178,000334,843748,59551,79148,072-18,983
total shareholders funds61,54972,20373,13934,074106,675178,000334,843748,59551,79148,072-18,983
Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Feb 2014
Operating Activities
Operating Profit-16,222-4,92248,902-72,647-71,454-158,415-417,430869,3183,56079,405-19,094
Depreciation0613993,2993871413191,4472,0531,993548
Amortisation00000000000
Tax00-9,3980000-174,201-930-16,7610
Stock00000000000
Debtors4,135-23,87942,319-144,02081,06037,20035,929-44,40628,23917,3116,727
Creditors10,78500-4,1990000004,199
Accruals and Deferred Income-18,05823,166-2,765-7,492-80,9331,029-183,76153,737142,571104,63729,968
Deferred Taxes & Provisions00000000000
Cash flow from operations-27,63042,184-5,18162,981-233,060-194,445-636,801794,707119,015151,9638,894
Investing Activities
capital expenditure0000-1,29000-657-2,183-2,040-4,477
Change in Investments00000000000
cash flow from investments0000-1,29000-657-2,183-2,040-4,477
Financing Activities
Bank loans00000000000
Group/Directors Accounts4150-2,5873,5870000000
Other Short Term Loans 00000000000
Long term loans00000000000
Hire Purchase and Lease Commitments00000000000
other long term liabilities00000000000
share issue00-1,00000-1,000-102004,002100
interest5,5683,986561461292,5723,7801,6871,08940811
cash flow from financing5,9833,986-3,0263,6331291,5723,6781,6871,0894,410111
cash and cash equivalents
cash-21,64746,170-8,20766,614-234,221-192,873-633,123795,737117,921154,3344,528
overdraft00000000000
change in cash-21,64746,170-8,20766,614-234,221-192,873-633,123795,737117,921154,3344,528

westmount real estate 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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Westmount Real Estate Ltd Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for westmount real estate ltd by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other micro companies, companies in NW2 area or any other competitors across 12 key performance metrics.

westmount real estate ltd Ownership

WESTMOUNT REAL ESTATE LTD group structure

Westmount Real Estate Ltd has no subsidiary companies.

Ultimate parent company

WESTMOUNT REAL ESTATE LTD

08423914

WESTMOUNT REAL ESTATE LTD Shareholders

simon richard conway smith 50%
george thomas walsh-waring 50%

westmount real estate ltd directors

Westmount Real Estate Ltd currently has 2 directors. The longest serving directors include Mr Simon Smith (Feb 2013) and Mr George Walsh-Waring (Dec 2021).

officercountryagestartendrole
Mr Simon SmithEngland57 years Feb 2013- Director
Mr George Walsh-WaringEngland58 years Dec 2021- Director

P&L

March 2024

turnover

217.7k

+43%

operating profit

-16.2k

0%

gross margin

58.3%

-14.44%

turnover

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

Balance Sheet

March 2024

net assets

61.5k

-0.15%

total assets

135.8k

-0.11%

cash

95.2k

-0.19%

net assets

Total assets minus all liabilities

westmount real estate ltd company details

company number

08423914

Type

Private limited with Share Capital

industry

68320 - Management of real estate on a fee or contract basis

incorporation date

February 2013

age

12

incorporated

UK

ultimate parent company

None

accounts

Total Exemption Full

last accounts submitted

March 2024

previous names

N/A

accountant

AIDHAN AND PARTNERS

auditor

-

address

15a walm lane, willesden green, london, NW2 5SJ

Bank

-

Legal Advisor

-

westmount real estate 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 did not find charges/mortgages relating to westmount real estate ltd.

westmount real estate 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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westmount real estate ltd Companies House Filings - See Documents

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