westbourne developments ltd
westbourne developments ltd Company Information
Company Number
08534575
Next Accounts
Sep 2025
Industry
Buying and selling of own real estate
Non-specialised wholesale trade
Shareholders
duncan house limited
Group Structure
View All
Contact
Registered Address
109 alfred gelder street, hull, east riding of yorkshire, HU1 1EP
Website
-westbourne developments ltd Estimated Valuation
Pomanda estimates the enterprise value of WESTBOURNE DEVELOPMENTS LTD at £310.3k based on a Turnover of £199.7k and 1.55x industry multiple (adjusted for size and gross margin).
westbourne developments ltd Estimated Valuation
Pomanda estimates the enterprise value of WESTBOURNE DEVELOPMENTS LTD at £237k based on an EBITDA of £45.7k and a 5.18x industry multiple (adjusted for size and gross margin).
westbourne developments ltd Estimated Valuation
Pomanda estimates the enterprise value of WESTBOURNE DEVELOPMENTS LTD at £0 based on Net Assets of £-364.7k and 2.26x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Westbourne Developments Ltd Overview
Westbourne Developments Ltd is a live company located in east riding of yorkshire, HU1 1EP with a Companies House number of 08534575. It operates in the non-specialised wholesale trade sector, SIC Code 46900. Founded in May 2013, it's largest shareholder is duncan house limited with a 100% stake. Westbourne Developments Ltd is a established, micro sized company, Pomanda has estimated its turnover at £199.7k with declining growth in recent years.
Upgrade for unlimited company reports & a free credit check
Westbourne Developments Ltd Health Check
Pomanda's financial health check has awarded Westbourne Developments Ltd a 2 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 6 areas for improvement. Company Health Check FAQs
2 Strong
2 Regular
6 Weak
Size
annual sales of £199.7k, make it smaller than the average company (£8.6m)
- Westbourne Developments Ltd
£8.6m - Industry AVG
Growth
3 year (CAGR) sales growth of -43%, show it is growing at a slower rate (4.6%)
- Westbourne Developments Ltd
4.6% - Industry AVG
Production
with a gross margin of 48.9%, this company has a comparable cost of product (48.9%)
- Westbourne Developments Ltd
48.9% - Industry AVG
Profitability
an operating margin of 17.5% make it more profitable than the average company (14.5%)
- Westbourne Developments Ltd
14.5% - Industry AVG
Employees
with 2 employees, this is below the industry average (22)
2 - Westbourne Developments Ltd
22 - Industry AVG
Pay Structure
on an average salary of £41.7k, the company has an equivalent pay structure (£41.7k)
- Westbourne Developments Ltd
£41.7k - Industry AVG
Efficiency
resulting in sales per employee of £99.9k, this is less efficient (£285.1k)
- Westbourne Developments Ltd
£285.1k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Westbourne Developments Ltd
- - Industry AVG
Creditor Days
its suppliers are paid after 4 days, this is quicker than average (32 days)
- Westbourne Developments Ltd
32 days - Industry AVG
Stock Days
it holds stock equivalent to 42 days, this is less than average (233 days)
- Westbourne Developments Ltd
233 days - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Westbourne Developments Ltd
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 147.5%, this is a higher level of debt than the average (55.4%)
147.5% - Westbourne Developments Ltd
55.4% - Industry AVG
WESTBOURNE DEVELOPMENTS LTD financials
Westbourne Developments Ltd's latest turnover from December 2023 is estimated at £199.7 thousand and the company has net assets of -£364.7 thousand. According to their latest financial statements, Westbourne Developments Ltd has 2 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | May 2019 | May 2018 | May 2017 | May 2016 | May 2015 | May 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 | 2 | 13 | 18 | 12 | 2 | 2 | 2 | 2 | 2 | ||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | May 2019 | May 2018 | May 2017 | May 2016 | May 2015 | May 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 629,020 | 488,437 | 276,370 | 14,982 | 222 | 275 | 410 | 612 | 913 | 1,370 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 46,000 | 46,000 | 46,000 | 46,000 | 46,000 | 46,000 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 629,020 | 488,437 | 322,370 | 60,982 | 46,222 | 46,275 | 46,410 | 46,612 | 913 | 1,370 | 0 |
| Stock & work in progress | 12,000 | 12,000 | 12,000 | 4,867 | 0 | 199,789 | 191,445 | 151,555 | 254,907 | 226,158 | 0 |
| Trade Debtors | 0 | 0 | 0 | 0 | 96,830 | 91,155 | 88,559 | 30,059 | 859 | 800 | 0 |
| Group Debtors | 125,543 | 184,229 | 133,886 | 81,929 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 1,269 | 12,998 | 0 | 317 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 0 | 2,930 | 4,350 | 227,381 | 212,239 | 23 | 27,073 | 154,051 | 152,916 | 187,539 | 126,840 |
| misc current assets | 0 | 0 | 0 | 2,511 | 0 | 0 | 0 | 0 | 0 | 396 | 0 |
| total current assets | 138,812 | 212,157 | 150,236 | 317,005 | 309,069 | 290,967 | 307,077 | 335,665 | 408,682 | 414,893 | 126,840 |
| total assets | 767,832 | 700,594 | 472,606 | 377,987 | 355,291 | 337,242 | 353,487 | 382,277 | 409,595 | 416,263 | 126,840 |
| Bank overdraft | 25,819 | 10,000 | 10,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 1,322 | 4,798 | 17,389 | 5,742 | 378,720 | 413,588 | 407,600 | 408,812 | 429,643 | 423,986 | 127,170 |
| Group/Directors Accounts | 464,998 | 476,344 | 456,967 | 379,283 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 9,258 | 12,129 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 0 | 0 | 27,066 | 10,794 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 501,397 | 503,271 | 511,422 | 395,819 | 378,720 | 413,588 | 407,600 | 408,812 | 429,643 | 423,986 | 127,170 |
| loans | 631,104 | 529,738 | 36,667 | 50,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 631,104 | 529,738 | 36,667 | 50,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 1,132,501 | 1,033,009 | 548,089 | 445,819 | 378,720 | 413,588 | 407,600 | 408,812 | 429,643 | 423,986 | 127,170 |
| net assets | -364,669 | -332,415 | -75,483 | -67,832 | -23,429 | -76,346 | -54,113 | -26,535 | -20,048 | -7,723 | -330 |
| total shareholders funds | -364,669 | -332,415 | -75,483 | -67,832 | -23,429 | -76,346 | -54,113 | -26,535 | -20,048 | -7,723 | -330 |
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | May 2019 | May 2018 | May 2017 | May 2016 | May 2015 | May 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||
| Operating Profit | |||||||||||
| Depreciation | 10,758 | 13,581 | 5,263 | 3,606 | 53 | 135 | 202 | 301 | 457 | 0 | |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Tax | |||||||||||
| Stock | 0 | 0 | 7,133 | 4,867 | -191,445 | 8,344 | 39,890 | -103,352 | 28,749 | 226,158 | 0 |
| Debtors | -70,415 | 63,341 | 51,640 | -14,584 | 8,271 | 2,596 | 58,500 | 29,200 | 59 | 800 | 0 |
| Creditors | -3,476 | -12,591 | 11,647 | -372,978 | -28,880 | 5,988 | -1,212 | -20,831 | 5,657 | 296,816 | 127,170 |
| Accruals and Deferred Income | 0 | -27,066 | 16,272 | 10,794 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | |||||||||||
| Investing Activities | |||||||||||
| capital expenditure | |||||||||||
| Change in Investments | 0 | -46,000 | 0 | 0 | 0 | 0 | 0 | 46,000 | 0 | 0 | 0 |
| cash flow from investments | |||||||||||
| Financing Activities | |||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | -11,346 | 19,377 | 77,684 | 379,283 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 101,366 | 493,071 | -13,333 | 50,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | -2,871 | 12,129 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||||||||
| interest | |||||||||||
| cash flow from financing | |||||||||||
| cash and cash equivalents | |||||||||||
| cash | -2,930 | -1,420 | -223,031 | 15,142 | 185,166 | -27,050 | -126,978 | 1,135 | -34,623 | 60,699 | 126,840 |
| overdraft | 15,819 | 0 | 10,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -18,749 | -1,420 | -233,031 | 15,142 | 185,166 | -27,050 | -126,978 | 1,135 | -34,623 | 60,699 | 126,840 |
westbourne developments ltd Credit Report and Business Information
Westbourne Developments Ltd Competitor Analysis
Perform a competitor analysis for westbourne developments ltd by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other micro companies, companies in HU1 area or any other competitors across 12 key performance metrics.
westbourne developments ltd Ownership
WESTBOURNE DEVELOPMENTS LTD group structure
Westbourne Developments Ltd has no subsidiary companies.
Ultimate parent company
WESTBOURNE DEVELOPMENTS LTD
08534575
westbourne developments ltd directors
Westbourne Developments Ltd currently has 2 directors. The longest serving directors include Mr Ashley Snaith (May 2013) and Mr David Snaith (Jan 2015).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Ashley Snaith | England | 34 years | May 2013 | - | Director |
| Mr David Snaith | England | 58 years | Jan 2015 | - | Director |
P&L
December 2023turnover
199.7k
-84%
operating profit
35k
0%
gross margin
49%
+0.15%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
-364.7k
+0.1%
total assets
767.8k
+0.1%
cash
0
-1%
net assets
Total assets minus all liabilities
westbourne developments ltd company details
company number
08534575
Type
Private limited with Share Capital
industry
68100 - Buying and selling of own real estate
46900 - Non-specialised wholesale trade
incorporation date
May 2013
age
11
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
December 2023
previous names
global trading (hull) ltd (February 2015)
accountant
KENDALL ACCOUNTANCY SERVICES LIMITED
auditor
-
address
109 alfred gelder street, hull, east riding of yorkshire, HU1 1EP
Bank
LLOYDS TSB
Legal Advisor
-
westbourne developments 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 4 charges/mortgages relating to westbourne developments ltd. Currently there are 4 open charges and 0 have been satisfied in the past.
westbourne developments 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.
Click to start generating capital raising & share issue transactions for WESTBOURNE DEVELOPMENTS LTD. This can take several minutes, an email will notify you when this has completed.
westbourne developments ltd Companies House Filings - See Documents
| date | description | view/download |
|---|
