westminster midco 1 limited
westminster midco 1 limited Company Information
Company Number
09307929
Next Accounts
22 days late
Industry
Non-trading company
Activities of head offices
Shareholders
westminster topco ltd
Group Structure
View All
Contact
Registered Address
5th floor 4 coleman street, london, EC2R 5AR
Website
ngagerecruitment.comwestminster midco 1 limited Estimated Valuation
Pomanda estimates the enterprise value of WESTMINSTER MIDCO 1 LIMITED at £0 based on a Turnover of £0 and 0.51x industry multiple (adjusted for size and gross margin).
westminster midco 1 limited Estimated Valuation
Pomanda estimates the enterprise value of WESTMINSTER MIDCO 1 LIMITED at £0 based on an EBITDA of £-12k and a 6.82x industry multiple (adjusted for size and gross margin).
westminster midco 1 limited Estimated Valuation
Pomanda estimates the enterprise value of WESTMINSTER MIDCO 1 LIMITED at £0 based on Net Assets of £-48.2m and 1.63x industry multiple (adjusted for liquidity).
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Westminster Midco 1 Limited Overview
Westminster Midco 1 Limited is a live company located in london, EC2R 5AR with a Companies House number of 09307929. It operates in the activities of head offices sector, SIC Code 70100. Founded in November 2014, it's largest shareholder is westminster topco ltd with a 100% stake. Westminster Midco 1 Limited is a established, unknown sized company, Pomanda has estimated its turnover at £0 with unknown growth in recent years.
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Westminster Midco 1 Limited Health Check
There is insufficient data available to calculate a health check for Westminster Midco 1 Limited. Company Health Check FAQs
0 Strong
0 Regular
2 Weak
Size
There is insufficient data available for this Key Performance Indicator!
- - Westminster Midco 1 Limited
- - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Westminster Midco 1 Limited
- - Industry AVG
Production
There is insufficient data available for this Key Performance Indicator!
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- - Industry AVG
Profitability
There is insufficient data available for this Key Performance Indicator!
- - Westminster Midco 1 Limited
- - Industry AVG
Employees
with 1 employees, this is below the industry average (71)
- Westminster Midco 1 Limited
- - Industry AVG
Pay Structure
There is insufficient data available for this Key Performance Indicator!
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- - Industry AVG
Efficiency
There is insufficient data available for this Key Performance Indicator!
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- - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
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- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- - Westminster Midco 1 Limited
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Westminster Midco 1 Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Westminster Midco 1 Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 193.6%, this is a higher level of debt than the average (50.2%)
- - Westminster Midco 1 Limited
- - Industry AVG
WESTMINSTER MIDCO 1 LIMITED financials
Westminster Midco 1 Limited's latest turnover from March 2023 is 0 and the company has net assets of -£48.2 million. According to their latest financial statements, we estimate that Westminster Midco 1 Limited has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2023 | Apr 2022 | Apr 2021 | Apr 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Apr 2016 | Mar 2015 | |
|---|---|---|---|---|---|---|---|---|---|
| Turnover | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Income Or Grants | 0 | ||||||||
| Cost Of Sales | 0 | ||||||||
| Gross Profit | 0 | ||||||||
| Admin Expenses | 0 | ||||||||
| Operating Profit | -12,000 | -16,000 | -19,000 | -30,000 | -19,000 | -17,000 | -13,000 | 0 | |
| Interest Payable | 4,634,000 | 5,878,000 | 5,207,000 | 6,186,000 | 7,041,000 | 6,378,000 | 5,785,000 | 5,236,000 | 1,695,000 |
| Interest Receivable | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Pre-Tax Profit | -4,646,000 | -5,894,000 | -5,226,000 | -6,199,000 | -7,071,000 | -6,397,000 | -5,802,000 | -5,249,000 | -1,695,000 |
| Tax | 0 | 0 | 0 | 0 | -5,000 | 5,000 | 0 | 0 | 0 |
| Profit After Tax | -4,646,000 | -5,894,000 | -5,226,000 | -6,199,000 | -7,076,000 | -6,392,000 | -5,802,000 | -5,249,000 | -1,695,000 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Retained Profit | -4,646,000 | -5,894,000 | -5,226,000 | -6,199,000 | -7,076,000 | -6,392,000 | -5,802,000 | -5,249,000 | -1,695,000 |
| Employee Costs | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Number Of Employees | |||||||||
| EBITDA* | -12,000 | -16,000 | -19,000 | -30,000 | -19,000 | -17,000 | -13,000 | 0 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2023 | Apr 2022 | Apr 2021 | Apr 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Apr 2016 | Mar 2015 | |
|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group Debtors | 51,459,000 | 51,452,000 | 51,452,000 | 51,451,000 | 51,451,000 | 51,451,000 | 51,451,000 | 51,444,000 | 51,451,000 |
| Misc Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 5,000 | 0 | 0 | 0 |
| total current assets | 51,459,000 | 51,452,000 | 51,452,000 | 51,451,000 | 51,451,000 | 51,456,000 | 51,451,000 | 51,444,000 | 51,451,000 |
| total assets | 51,459,000 | 51,452,000 | 51,452,000 | 51,451,000 | 51,451,000 | 51,456,000 | 51,451,000 | 51,444,000 | 51,451,000 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 0 | 0 | 0 | 0 | 0 | 0 | 1,000 | 1,000 | 0 |
| Group/Directors Accounts | 76,776,000 | 32,243,000 | 32,227,000 | 32,198,000 | 1,806,000 | 1,983,000 | 1,970,000 | 1,946,000 | 1,946,000 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 8,000 | 7,000 | 7,000 | 16,000 | 21,000 | 13,000 | 6,000 | 5,000 | 0 |
| total current liabilities | 76,784,000 | 32,250,000 | 32,234,000 | 32,214,000 | 1,827,000 | 1,996,000 | 1,977,000 | 1,952,000 | 1,946,000 |
| loans | 22,854,000 | 62,735,000 | 56,857,000 | 51,650,000 | 75,838,000 | 68,598,000 | 62,220,000 | 56,436,000 | 51,200,000 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 22,854,000 | 62,735,000 | 56,857,000 | 51,650,000 | 75,838,000 | 68,598,000 | 62,220,000 | 56,436,000 | 51,200,000 |
| total liabilities | 99,638,000 | 94,985,000 | 89,091,000 | 83,864,000 | 77,665,000 | 70,594,000 | 64,197,000 | 58,388,000 | 53,146,000 |
| net assets | -48,179,000 | -43,533,000 | -37,639,000 | -32,413,000 | -26,214,000 | -19,138,000 | -12,746,000 | -6,944,000 | -1,695,000 |
| total shareholders funds | -48,179,000 | -43,533,000 | -37,639,000 | -32,413,000 | -26,214,000 | -19,138,000 | -12,746,000 | -6,944,000 | -1,695,000 |
| Mar 2023 | Apr 2022 | Apr 2021 | Apr 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Apr 2016 | Mar 2015 | |
|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||
| Operating Profit | -12,000 | -16,000 | -19,000 | -30,000 | -19,000 | -17,000 | -13,000 | 0 | |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | 0 | 0 | 0 | 0 | -5,000 | 5,000 | 0 | 0 | 0 |
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 7,000 | 0 | 1,000 | 0 | 0 | 0 | 7,000 | -7,000 | 51,451,000 |
| Creditors | 0 | 0 | 0 | 0 | 0 | -1,000 | 0 | 1,000 | 0 |
| Accruals and Deferred Income | 1,000 | 0 | -9,000 | -5,000 | 8,000 | 7,000 | 1,000 | 5,000 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | -18,000 | -16,000 | -29,000 | -27,000 | -8,000 | -23,000 | 0 | -51,451,000 | |
| Investing Activities | |||||||||
| capital expenditure | |||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | |||||||||
| Financing Activities | |||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 44,533,000 | 16,000 | 29,000 | 30,392,000 | -177,000 | 13,000 | 24,000 | 0 | 1,946,000 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | -39,881,000 | 5,878,000 | 5,207,000 | -24,188,000 | 7,240,000 | 6,378,000 | 5,784,000 | 5,236,000 | 51,200,000 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||||||
| interest | -4,634,000 | -5,878,000 | -5,207,000 | -6,186,000 | -7,041,000 | -6,378,000 | -5,785,000 | -5,236,000 | -1,695,000 |
| cash flow from financing | 18,000 | 16,000 | 29,000 | 18,000 | 22,000 | 13,000 | 23,000 | 0 | 51,451,000 |
| cash and cash equivalents | |||||||||
| cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
westminster midco 1 limited Credit Report and Business Information
Westminster Midco 1 Limited Competitor Analysis
Perform a competitor analysis for westminster midco 1 limited by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other established companies, companies in EC2R area or any other competitors across 12 key performance metrics.
westminster midco 1 limited Ownership
WESTMINSTER MIDCO 1 LIMITED group structure
Westminster Midco 1 Limited has 1 subsidiary company.
Ultimate parent company
1 parent
WESTMINSTER MIDCO 1 LIMITED
09307929
1 subsidiary
westminster midco 1 limited directors
Westminster Midco 1 Limited currently has 4 directors. The longest serving directors include Mr Adam Herron (Nov 2014) and Mr Timothy Cook (Nov 2014).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Adam Herron | United Kingdom | 51 years | Nov 2014 | - | Director |
| Mr Timothy Cook | United Kingdom | 56 years | Nov 2014 | - | Director |
| Mr Geoffrey Lloyd | 76 years | Jan 2015 | - | Director | |
| Mr Andrew Burchall | United Kingdom | 60 years | Sep 2015 | - | Director |
P&L
March 2023turnover
0
0%
operating profit
-12k
-25%
gross margin
0%
0%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2023net assets
-48.2m
+0.11%
total assets
51.5m
0%
cash
0
0%
net assets
Total assets minus all liabilities
westminster midco 1 limited company details
company number
09307929
Type
Private limited with Share Capital
industry
74990 - Non-trading company
70100 - Activities of head offices
incorporation date
November 2014
age
11
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
March 2023
previous names
N/A
accountant
-
auditor
ERNST & YOUNG LLP
address
5th floor 4 coleman street, london, EC2R 5AR
Bank
-
Legal Advisor
-
westminster midco 1 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 westminster midco 1 limited.
westminster midco 1 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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westminster midco 1 limited Companies House Filings - See Documents
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