westwood power limited
westwood power limited Company Information
Company Number
10208400
Website
-Registered Address
6th floor 33 holborn, london, EC1N 2HT
Industry
Production of electricity
Telephone
-
Next Accounts Due
March 2025
Group Structure
View All
Shareholders
the fern power company limited 90%
apus energy limited 10%
westwood power limited Estimated Valuation
Pomanda estimates the enterprise value of WESTWOOD POWER LIMITED at £10.5m based on a Turnover of £8.6m and 1.23x industry multiple (adjusted for size and gross margin).
westwood power limited Estimated Valuation
Pomanda estimates the enterprise value of WESTWOOD POWER LIMITED at £7.3m based on an EBITDA of £2m and a 3.71x industry multiple (adjusted for size and gross margin).
westwood power limited Estimated Valuation
Pomanda estimates the enterprise value of WESTWOOD POWER LIMITED at £0 based on Net Assets of £-1.6m and 2.69x industry multiple (adjusted for liquidity).
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Westwood Power Limited Overview
Westwood Power Limited is a live company located in london, EC1N 2HT with a Companies House number of 10208400. It operates in the production of electricity sector, SIC Code 35110. Founded in June 2016, it's largest shareholder is the fern power company limited with a 90% stake. Westwood Power Limited is a young, mid sized company, Pomanda has estimated its turnover at £8.6m with unknown growth in recent years.
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Westwood Power Limited Health Check
Pomanda's financial health check has awarded Westwood Power Limited a 2.5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 5 areas for improvement. Company Health Check FAQs
4 Strong
0 Regular
5 Weak
Size
annual sales of £8.6m, make it larger than the average company (£1.5m)
£8.6m - Westwood Power Limited
£1.5m - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Westwood Power Limited
- - Industry AVG
Production
with a gross margin of 21.7%, this company has a higher cost of product (67.5%)
21.7% - Westwood Power Limited
67.5% - Industry AVG
Profitability
an operating margin of 18.3% make it less profitable than the average company (49.4%)
18.3% - Westwood Power Limited
49.4% - Industry AVG
Employees
with 8 employees, this is above the industry average (2)
- Westwood Power Limited
2 - Industry AVG
Pay Structure
There is insufficient data available for this Key Performance Indicator!
- Westwood Power Limited
- - Industry AVG
Efficiency
resulting in sales per employee of £1.1m, this is more efficient (£387.2k)
- Westwood Power Limited
£387.2k - Industry AVG
Debtor Days
it gets paid by customers after 0 days, this is earlier than average (14 days)
0 days - Westwood Power Limited
14 days - Industry AVG
Creditor Days
its suppliers are paid after 4 days, this is quicker than average (19 days)
4 days - Westwood Power Limited
19 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Westwood Power Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 3 weeks, this is less cash available to meet short term requirements (12 weeks)
3 weeks - Westwood Power Limited
12 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 113.4%, this is a higher level of debt than the average (90.7%)
113.4% - Westwood Power Limited
90.7% - Industry AVG
westwood power limited Credit Report and Business Information
Westwood Power Limited Competitor Analysis
Perform a competitor analysis for westwood power limited by selecting its closest rivals and benchmarking them against 12 key performance metrics.
westwood power limited Ownership
WESTWOOD POWER LIMITED group structure
Westwood Power Limited has no subsidiary companies.
Ultimate parent company
2 parents
WESTWOOD POWER LIMITED
10208400
westwood power limited directors
Westwood Power Limited currently has 3 directors. The longest serving directors include Dr Michael Bullard (Apr 2019) and Mr Paul Latham (Apr 2019).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Dr Michael Bullard | United Kingdom | 58 years | Apr 2019 | - | Director |
| Mr Paul Latham | England | 67 years | Apr 2019 | - | Director |
| Mr Edward Fellows | 46 years | Jan 2023 | - | Director |
WESTWOOD POWER LIMITED financials
Westwood Power Limited's latest turnover from June 2023 is £8.6 million and the company has net assets of -£1.6 million. According to their latest financial statements, we estimate that Westwood Power Limited has 8 employees and maintains cash reserves of £791.8 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Jun 2018 | Jun 2017 | |
|---|---|---|---|---|---|---|---|
| Turnover | 8,562,303 | 7,037,221 | 1,384,315 | 0 | 0 | 0 | |
| Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 | |
| Cost Of Sales | 6,700,910 | 6,004,449 | 1,320,568 | 66,230 | 815 | 0 | |
| Gross Profit | 1,861,393 | 1,032,772 | 63,747 | -66,230 | -815 | 0 | |
| Admin Expenses | 293,780 | 284,684 | 411,812 | 393,217 | 55,483 | 0 | |
| Operating Profit | 1,567,613 | 748,088 | -348,065 | -459,447 | -56,298 | 0 | |
| Interest Payable | 832,671 | 832,653 | 832,704 | 647,356 | 43,969 | 0 | |
| Interest Receivable | 0 | 0 | 426 | 319 | 0 | 0 | |
| Pre-Tax Profit | 734,942 | -84,565 | -1,180,343 | -1,106,484 | -100,267 | 0 | |
| Tax | -106,524 | 236,574 | 354,427 | -354,427 | 0 | 0 | |
| Profit After Tax | 628,418 | 152,009 | -825,916 | -1,460,911 | -100,267 | 0 | |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | |
| Retained Profit | 628,418 | 152,009 | -825,916 | -1,460,911 | -100,267 | 0 | |
| Employee Costs | 0 | 0 | 0 | 0 | 0 | 0 | |
| Number Of Employees | |||||||
| EBITDA* | 1,963,679 | 1,135,187 | -100,288 | -459,447 | -56,298 | 0 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Jun 2018 | Jun 2017 | |
|---|---|---|---|---|---|---|---|
| Tangible Assets | 9,604,470 | 10,448,021 | 10,348,925 | 9,953,565 | 3,067,676 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 9,604,470 | 10,448,021 | 10,348,925 | 9,953,565 | 3,067,676 | 0 | 0 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 2,064 | 1,540 | 13,685 | 0 | 7,935 | 0 | 0 |
| Group Debtors | 912,363 | 774,270 | 0 | 332,268 | 0 | 0 | 0 |
| Misc Debtors | 670,842 | 1,927,508 | 386,010 | 210,761 | 641,206 | 1 | 0 |
| Cash | 791,846 | 1,440,239 | 589,739 | 563,229 | 0 | 0 | 1 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 2,377,115 | 4,143,557 | 989,434 | 1,106,258 | 649,141 | 1 | 1 |
| total assets | 11,981,585 | 14,591,578 | 11,338,359 | 11,059,823 | 3,716,817 | 1 | 1 |
| Bank overdraft | 1,800 | 0 | 0 | 15 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 77,112 | 315,212 | 70,885 | 34,605 | 45,300 | 0 | 0 |
| Group/Directors Accounts | 11,103,679 | 11,497,261 | 11,908,961 | 11,519,183 | 3,656,300 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 1,623,347 | 4,476,493 | 1,745,606 | 712,770 | 115,483 | 0 | 0 |
| total current liabilities | 12,805,938 | 16,288,966 | 13,725,452 | 12,266,573 | 3,817,083 | 0 | 0 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 782,313 | 537,696 | 0 | 354,427 | 0 | 0 | 0 |
| total long term liabilities | 782,313 | 537,696 | 0 | 354,427 | 0 | 0 | 0 |
| total liabilities | 13,588,251 | 16,826,662 | 13,725,452 | 12,621,000 | 3,817,083 | 0 | 0 |
| net assets | -1,606,666 | -2,235,084 | -2,387,093 | -1,561,177 | -100,266 | 1 | 1 |
| total shareholders funds | -1,606,666 | -2,235,084 | -2,387,093 | -1,561,177 | -100,266 | 1 | 1 |
| Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Jun 2018 | Jun 2017 | |
|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||
| Operating Profit | 1,567,613 | 748,088 | -348,065 | -459,447 | -56,298 | 0 | |
| Depreciation | 396,066 | 387,099 | 247,777 | 0 | 0 | 0 | 0 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | -106,524 | 236,574 | 354,427 | -354,427 | 0 | 0 | |
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | -1,118,049 | 2,303,623 | -143,334 | -106,112 | 649,140 | 1 | 0 |
| Creditors | -238,100 | 244,327 | 36,280 | -10,695 | 45,300 | 0 | 0 |
| Accruals and Deferred Income | -2,853,146 | 2,730,887 | 1,032,836 | 597,287 | 115,483 | 0 | 0 |
| Deferred Taxes & Provisions | 244,617 | 537,696 | -354,427 | 354,427 | 0 | 0 | 0 |
| Cash flow from operations | 128,575 | 2,581,048 | 1,112,162 | 233,257 | -544,655 | -1 | |
| Investing Activities | |||||||
| capital expenditure | |||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | |||||||
| Financing Activities | |||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | -393,582 | -411,700 | 389,778 | 7,862,883 | 3,656,300 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||||
| interest | -832,671 | -832,653 | -832,278 | -647,037 | -43,969 | 0 | |
| cash flow from financing | -1,226,253 | -1,244,353 | -442,500 | 7,215,846 | 3,612,331 | 0 | |
| cash and cash equivalents | |||||||
| cash | -648,393 | 850,500 | 26,510 | 563,229 | 0 | -1 | 1 |
| overdraft | 1,800 | 0 | -15 | 15 | 0 | 0 | 0 |
| change in cash | -650,193 | 850,500 | 26,525 | 563,214 | 0 | -1 | 1 |
P&L
June 2023turnover
8.6m
+22%
operating profit
1.6m
+110%
gross margin
21.8%
+48.13%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
June 2023net assets
-1.6m
-0.28%
total assets
12m
-0.18%
cash
791.8k
-0.45%
net assets
Total assets minus all liabilities
Similar Companies
westwood power limited company details
company number
10208400
Type
Private limited with Share Capital
industry
35110 - Production of electricity
incorporation date
June 2016
age
8
accounts
Audit Exemption Subsidiary
ultimate parent company
previous names
apus reserve power 2 limited (May 2018)
incorporated
UK
address
6th floor 33 holborn, london, EC1N 2HT
last accounts submitted
June 2023
westwood power 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 westwood power limited.
westwood power limited Companies House Filings - See Documents
| date | description | view/download |
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