westchurch homes limited
westchurch homes limited Company Information
Company Number
09084926
Next Accounts
Mar 2026
Shareholders
charles richard topham
ian stocker
View AllGroup Structure
View All
Industry
Construction of domestic buildings
Registered Address
kennedy house, 31 stamford street, altrincham, cheshire, WA14 1ES
Website
www.westchurchhomes.co.ukwestchurch homes limited Estimated Valuation
Pomanda estimates the enterprise value of WESTCHURCH HOMES LIMITED at £26.8m based on a Turnover of £41.4m and 0.65x industry multiple (adjusted for size and gross margin).
westchurch homes limited Estimated Valuation
Pomanda estimates the enterprise value of WESTCHURCH HOMES LIMITED at £24.3m based on an EBITDA of £4.2m and a 5.83x industry multiple (adjusted for size and gross margin).
westchurch homes limited Estimated Valuation
Pomanda estimates the enterprise value of WESTCHURCH HOMES LIMITED at £11.2m based on Net Assets of £8.4m and 1.34x industry multiple (adjusted for liquidity).
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Westchurch Homes Limited Overview
Westchurch Homes Limited is a live company located in altrincham, WA14 1ES with a Companies House number of 09084926. It operates in the construction of domestic buildings sector, SIC Code 41202. Founded in June 2014, it's largest shareholder is charles richard topham with a 100% stake. Westchurch Homes Limited is a established, large sized company, Pomanda has estimated its turnover at £41.4m with rapid growth in recent years.
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Westchurch Homes Limited Health Check
Pomanda's financial health check has awarded Westchurch Homes Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 8 measures and has 2 areas for improvement. Company Health Check FAQs
8 Strong
2 Regular
2 Weak
Size
annual sales of £41.4m, make it larger than the average company (£385k)
£41.4m - Westchurch Homes Limited
£385k - Industry AVG
Growth
3 year (CAGR) sales growth of 31%, show it is growing at a faster rate (9.4%)
31% - Westchurch Homes Limited
9.4% - Industry AVG
Production
with a gross margin of 15.9%, this company has a comparable cost of product (19.6%)
15.9% - Westchurch Homes Limited
19.6% - Industry AVG
Profitability
an operating margin of 9.9% make it more profitable than the average company (4.4%)
9.9% - Westchurch Homes Limited
4.4% - Industry AVG
Employees
with 35 employees, this is above the industry average (3)
35 - Westchurch Homes Limited
3 - Industry AVG
Pay Structure
on an average salary of £56.9k, the company has a higher pay structure (£42.8k)
£56.9k - Westchurch Homes Limited
£42.8k - Industry AVG
Efficiency
resulting in sales per employee of £1.2m, this is more efficient (£179.9k)
£1.2m - Westchurch Homes Limited
£179.9k - Industry AVG
Debtor Days
it gets paid by customers after 31 days, this is later than average (24 days)
31 days - Westchurch Homes Limited
24 days - Industry AVG
Creditor Days
its suppliers are paid after 31 days, this is close to average (30 days)
31 days - Westchurch Homes Limited
30 days - Industry AVG
Stock Days
it holds stock equivalent to 6 days, this is less than average (279 days)
6 days - Westchurch Homes Limited
279 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 44 weeks, this is more cash available to meet short term requirements (13 weeks)
44 weeks - Westchurch Homes Limited
13 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 49.7%, this is a lower level of debt than the average (70.3%)
49.7% - Westchurch Homes Limited
70.3% - Industry AVG
WESTCHURCH HOMES LIMITED financials
Westchurch Homes Limited's latest turnover from June 2024 is £41.4 million and the company has net assets of £8.4 million. According to their latest financial statements, Westchurch Homes Limited has 35 employees and maintains cash reserves of £7 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jun 2024 | Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Oct 2018 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 41,351,498 | 17,594,654 | 16,704,547 | 18,495,155 | 5,854,605 | ||||||
| Other Income Or Grants | |||||||||||
| Cost Of Sales | 34,783,666 | 15,089,724 | 14,646,926 | 16,533,181 | 5,557,048 | ||||||
| Gross Profit | 6,567,832 | 2,504,930 | 2,057,621 | 1,961,974 | 297,557 | ||||||
| Admin Expenses | 2,469,522 | 1,575,881 | 1,265,039 | 1,046,372 | 817,335 | ||||||
| Operating Profit | 4,098,310 | 929,049 | 792,582 | 915,602 | -519,778 | ||||||
| Interest Payable | 44,742 | 377 | 18,253 | ||||||||
| Interest Receivable | 138,653 | 8,735 | 269 | ||||||||
| Pre-Tax Profit | 4,192,221 | 937,784 | 792,474 | 897,349 | -519,778 | ||||||
| Tax | -1,048,642 | -194,922 | -117,563 | ||||||||
| Profit After Tax | 3,143,579 | 742,862 | 674,911 | 897,349 | -519,778 | ||||||
| Dividends Paid | 719,439 | 263,300 | 66,318 | ||||||||
| Retained Profit | 2,424,140 | 479,562 | 608,593 | 897,349 | -519,778 | ||||||
| Employee Costs | 1,991,767 | 1,266,146 | 1,025,694 | 823,181 | 554,387 | ||||||
| Number Of Employees | 35 | 21 | 17 | 13 | 13 | 20 | 20 | 2 | |||
| EBITDA* | 4,176,791 | 955,828 | 825,045 | 954,292 | -455,729 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jun 2024 | Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Oct 2018 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 245,583 | 58,391 | 47,541 | 61,438 | 66,025 | 113,733 | 122,361 | 118,004 | 69,257 | ||
| Intangible Assets | |||||||||||
| Investments & Other | 530,150 | 530,150 | 530,150 | ||||||||
| Debtors (Due After 1 year) | |||||||||||
| Total Fixed Assets | 775,733 | 588,541 | 577,691 | 61,438 | 66,025 | 113,733 | 122,361 | 118,004 | 69,257 | ||
| Stock & work in progress | 634,707 | 1,951,709 | 2,390,912 | 4,892,068 | 9,309,589 | 7,866,357 | 8,643,047 | 6,920,602 | 2,473,729 | 70,171 | |
| Trade Debtors | 3,604,046 | 1,888,034 | 1,033,048 | 997,579 | 9,486 | 50,346 | 29,594 | 53,240 | 26,633 | ||
| Group Debtors | 1,479,000 | 795,527 | 122,243 | 250,000 | 2,140 | 276 | 396 | 84 | 4,419 | ||
| Misc Debtors | 3,160,481 | 1,700,677 | 1,177,983 | 702,354 | 496,296 | 130,955 | 150,755 | 155,332 | 49,425 | 74,037 | |
| Cash | 6,957,387 | 2,332,175 | 2,706,173 | 1,762,087 | 161,653 | 231,525 | 172,668 | 41,939 | 66,707 | 429,965 | |
| misc current assets | |||||||||||
| total current assets | 15,835,621 | 8,668,122 | 7,430,359 | 8,604,088 | 9,979,164 | 8,279,459 | 8,996,460 | 7,171,197 | 2,620,913 | 574,173 | |
| total assets | 16,611,354 | 9,256,663 | 8,008,050 | 8,665,526 | 10,045,189 | 8,393,192 | 9,118,821 | 7,289,201 | 2,690,170 | 574,173 | |
| Bank overdraft | |||||||||||
| Bank loan | |||||||||||
| Trade Creditors | 3,002,332 | 1,296,546 | 752,763 | 929,620 | 531,894 | 155,062 | 191,934 | 412,570 | 212,824 | 13,068 | |
| Group/Directors Accounts | 468,000 | 174,241 | 63,204 | 4,463 | 2,766 | 453,258 | 534,069 | 3,484,241 | 2,635,891 | 560,716 | |
| other short term finances | 1,291,551 | 4,497,631 | 2,354,410 | 4,866,264 | 4,143,001 | ||||||
| hp & lease commitments | |||||||||||
| other current liabilities | 4,716,065 | 1,031,857 | 923,191 | 788,626 | 258,981 | 156,767 | 171,788 | 92,986 | 22,348 | 500 | |
| total current liabilities | 8,186,397 | 2,502,644 | 1,739,158 | 3,014,260 | 5,291,272 | 3,119,497 | 5,764,055 | 8,132,798 | 2,871,063 | 574,284 | |
| loans | |||||||||||
| hp & lease commitments | |||||||||||
| Accruals and Deferred Income | |||||||||||
| other liabilities | |||||||||||
| provisions | 61,396 | 14,598 | 9,033 | ||||||||
| total long term liabilities | 61,396 | 14,598 | 9,033 | ||||||||
| total liabilities | 8,247,793 | 2,517,242 | 1,748,191 | 3,014,260 | 5,291,272 | 3,119,497 | 5,764,055 | 8,132,798 | 2,871,063 | 574,284 | |
| net assets | 8,363,561 | 6,739,421 | 6,259,859 | 5,651,266 | 4,753,917 | 5,273,695 | 3,354,766 | -843,597 | -180,893 | -111 | |
| total shareholders funds | 8,363,561 | 6,739,421 | 6,259,859 | 5,651,266 | 4,753,917 | 5,273,695 | 3,354,766 | -843,597 | -180,893 | -111 |
| Jun 2024 | Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Oct 2018 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||
| Operating Profit | 4,098,310 | 929,049 | 792,582 | 915,602 | -519,778 | ||||||
| Depreciation | 78,481 | 26,779 | 32,463 | 38,690 | 64,049 | 39,601 | 28,038 | 3,857 | |||
| Amortisation | |||||||||||
| Tax | -1,048,642 | -194,922 | -117,563 | ||||||||
| Stock | -1,317,002 | -439,203 | -2,501,156 | -4,417,521 | 1,443,232 | -776,690 | 6,169,318 | 4,446,873 | 2,403,558 | 70,171 | |
| Debtors | 3,859,289 | 2,050,964 | 383,341 | 1,442,011 | 326,345 | 832 | 100,268 | 128,179 | 6,440 | 74,037 | |
| Creditors | 1,705,786 | 543,783 | -176,857 | 397,726 | 376,832 | -36,872 | -20,890 | 199,746 | 199,756 | 13,068 | |
| Accruals and Deferred Income | 3,684,208 | 108,666 | 134,565 | 529,645 | 102,214 | -15,021 | 149,440 | 70,638 | 21,848 | 500 | |
| Deferred Taxes & Provisions | 46,798 | 5,565 | 9,033 | ||||||||
| Cash flow from operations | 6,022,654 | -192,841 | 2,792,038 | 4,857,173 | -1,746,260 | ||||||
| Investing Activities | |||||||||||
| capital expenditure | |||||||||||
| Change in Investments | 530,150 | ||||||||||
| cash flow from investments | -530,150 | ||||||||||
| Financing Activities | |||||||||||
| Bank loans | |||||||||||
| Group/Directors Accounts | 293,759 | 111,037 | 58,741 | 1,697 | -450,492 | -80,811 | -2,101,822 | 848,350 | 2,075,175 | 560,716 | |
| Other Short Term Loans | -1,291,551 | -3,206,080 | 2,143,221 | -2,511,854 | 4,866,264 | 4,143,001 | |||||
| Long term loans | |||||||||||
| Hire Purchase and Lease Commitments | |||||||||||
| other long term liabilities | |||||||||||
| share issue | |||||||||||
| interest | 93,911 | 8,735 | -108 | -18,253 | |||||||
| cash flow from financing | -412,330 | 119,772 | -1,232,918 | -3,222,636 | 1,692,729 | ||||||
| cash and cash equivalents | |||||||||||
| cash | 4,625,212 | -373,998 | 944,086 | 1,600,434 | -69,872 | 58,857 | 105,961 | -24,768 | -363,258 | 429,965 | |
| overdraft | |||||||||||
| change in cash | 4,625,212 | -373,998 | 944,086 | 1,600,434 | -69,872 | 58,857 | 105,961 | -24,768 | -363,258 | 429,965 |
westchurch homes limited Credit Report and Business Information
Westchurch Homes Limited Competitor Analysis
Perform a competitor analysis for westchurch homes limited by selecting its closest rivals, whether from the CONSTRUCTION sector, other large companies, companies in WA14 area or any other competitors across 12 key performance metrics.
westchurch homes limited Ownership
WESTCHURCH HOMES LIMITED group structure
Westchurch Homes Limited has no subsidiary companies.
Ultimate parent company
WESTCHURCH HOMES LIMITED
09084926
westchurch homes limited directors
Westchurch Homes Limited currently has 4 directors. The longest serving directors include Mr Charles Topham (Jun 2014) and Mr Darren Holt (Oct 2015).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Charles Topham | 70 years | Jun 2014 | - | Director | |
| Mr Darren Holt | 56 years | Oct 2015 | - | Director | |
| Mr Ian Stocker | England | 48 years | May 2018 | - | Director |
| Mr Paul Sinclair | 48 years | Oct 2021 | - | Director |
P&L
June 2024turnover
41.4m
+135%
operating profit
4.1m
+341%
gross margin
15.9%
+11.56%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
June 2024net assets
8.4m
+0.24%
total assets
16.6m
+0.79%
cash
7m
+1.98%
net assets
Total assets minus all liabilities
westchurch homes limited company details
company number
09084926
Type
Private limited with Share Capital
industry
41202 - Construction of domestic buildings
incorporation date
June 2014
age
11
incorporated
UK
ultimate parent company
accounts
Medium Company
last accounts submitted
June 2024
previous names
river street capital (dundee) ltd (October 2015)
accountant
-
auditor
THOMPSON WRIGHT LIMITED
address
kennedy house, 31 stamford street, altrincham, cheshire, WA14 1ES
Bank
-
Legal Advisor
WARD HADAWAY
westchurch homes 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 found 11 charges/mortgages relating to westchurch homes limited. Currently there are 0 open charges and 11 have been satisfied in the past.
westchurch homes 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.
Click to start generating capital raising & share issue transactions for WESTCHURCH HOMES LIMITED. This can take several minutes, an email will notify you when this has completed.
westchurch homes limited Companies House Filings - See Documents
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