westport properties limited

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westport properties limited Company Information

Share WESTPORT PROPERTIES LIMITED

Company Number

10591845

Shareholders

elmcroft investments ltd

herald investments ltd

Group Structure

View All

Industry

Development of building projects

 +1

Registered Address

unit 9 the high cross centre, fountayne road, london, N15 4BE

westport properties limited Estimated Valuation

£847.4k

Pomanda estimates the enterprise value of WESTPORT PROPERTIES LIMITED at £847.4k based on a Turnover of £699.3k and 1.21x industry multiple (adjusted for size and gross margin).

westport properties limited Estimated Valuation

£77.9k

Pomanda estimates the enterprise value of WESTPORT PROPERTIES LIMITED at £77.9k based on an EBITDA of £22k and a 3.55x industry multiple (adjusted for size and gross margin).

westport properties limited Estimated Valuation

£128.2k

Pomanda estimates the enterprise value of WESTPORT PROPERTIES LIMITED at £128.2k based on Net Assets of £85.8k and 1.49x industry multiple (adjusted for liquidity).

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Westport Properties Limited Overview

Westport Properties Limited is a live company located in london, N15 4BE with a Companies House number of 10591845. It operates in the development of building projects sector, SIC Code 41100. Founded in January 2017, it's largest shareholder is elmcroft investments ltd with a 50% stake. Westport Properties Limited is a young, small sized company, Pomanda has estimated its turnover at £699.3k with rapid growth in recent years.

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Westport Properties Limited Health Check

Pomanda's financial health check has awarded Westport Properties Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 5 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating3out of 5
positive_score

3 Strong

positive_score

2 Regular

positive_score

5 Weak

size

Size

annual sales of £699.3k, make it smaller than the average company (£1.5m)

£699.3k - Westport Properties Limited

£1.5m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 37%, show it is growing at a faster rate (4.3%)

37% - Westport Properties Limited

4.3% - Industry AVG

production

Production

with a gross margin of 18%, this company has a higher cost of product (47.5%)

18% - Westport Properties Limited

47.5% - Industry AVG

profitability

Profitability

an operating margin of 3.1% make it less profitable than the average company (16.5%)

3.1% - Westport Properties Limited

16.5% - Industry AVG

employees

Employees

with 2 employees, this is below the industry average (5)

2 - Westport Properties Limited

5 - Industry AVG

paystructure

Pay Structure

on an average salary of £42.1k, the company has an equivalent pay structure (£42.1k)

£42.1k - Westport Properties Limited

£42.1k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £349.6k, this is more efficient (£227.9k)

£349.6k - Westport Properties Limited

£227.9k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 110 days, this is later than average (27 days)

110 days - Westport Properties Limited

27 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 101 days, this is slower than average (30 days)

101 days - Westport Properties Limited

30 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Westport Properties Limited

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - Westport Properties Limited

- - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 69.5%, this is a similar level of debt than the average (69%)

69.5% - Westport Properties Limited

69% - Industry AVG

WESTPORT PROPERTIES LIMITED financials

EXPORTms excel logo

Westport Properties Limited's latest turnover from January 2024 is estimated at £699.3 thousand and the company has net assets of £85.8 thousand. According to their latest financial statements, we estimate that Westport Properties Limited has 2 employees and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Jan 2024Jan 2023Jan 2022Jan 2021Jan 2020Jan 2019Jan 2018
Turnover699,298557,889197,124269,256333,613477,300434,016
Other Income Or Grants
Cost Of Sales573,733455,318163,754224,411280,311389,570355,771
Gross Profit125,565102,57133,37044,84553,30287,72978,245
Admin Expenses103,613146,44675,83742,07064,667-83,06545,552
Operating Profit21,952-43,875-42,4672,775-11,365170,79432,693
Interest Payable
Interest Receivable
Pre-Tax Profit21,952-43,875-42,4672,775-11,365170,79432,693
Tax-5,488-527-32,451-6,212
Profit After Tax16,464-43,875-42,4672,248-11,365138,34326,481
Dividends Paid
Retained Profit16,464-43,875-42,4672,248-11,365138,34326,481
Employee Costs84,21140,64240,06739,05241,64240,55838,331
Number Of Employees2111111
EBITDA*21,952-43,875-42,4672,775-11,365170,79432,693

* Earnings Before Interest, Tax, Depreciation and Amortisation

Jan 2024Jan 2023Jan 2022Jan 2021Jan 2020Jan 2019Jan 2018
Tangible Assets70,133116,888536,888536,888796,888796,888521,338
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets70,133116,888536,888536,888796,888796,888521,338
Stock & work in progress
Trade Debtors211,180166,48423,78369,6008,4621,42013,080
Group Debtors
Misc Debtors2,68837,688
Cash
misc current assets39,1884,188
total current assets211,180166,48423,78372,28846,15040,60817,268
total assets281,313283,372560,671609,176843,038837,496538,606
Bank overdraft
Bank loan
Trade Creditors 160,299173,266159,659161,993433,147672,672512,125
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
total current liabilities160,299173,266159,659161,993433,147672,672512,125
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities35,18540,741287,772291,476256,432
provisions
total long term liabilities35,18540,741287,772291,476256,432
total liabilities195,484214,007447,431453,469689,579672,672512,125
net assets85,82969,365113,240155,707153,459164,82426,481
total shareholders funds85,82969,365113,240155,707153,459164,82426,481
Jan 2024Jan 2023Jan 2022Jan 2021Jan 2020Jan 2019Jan 2018
Operating Activities
Operating Profit21,952-43,875-42,4672,775-11,365170,79432,693
Depreciation
Amortisation
Tax-5,488-527-32,451-6,212
Stock
Debtors44,696142,701-48,50526,13844,730-11,66013,080
Creditors-12,96713,607-2,334-271,154-239,525160,547512,125
Accruals and Deferred Income
Deferred Taxes & Provisions
Cash flow from operations-41,199-172,9693,704-295,044-295,620310,550525,526
Investing Activities
capital expenditure46,755420,000260,000-275,550-521,338
Change in Investments
cash flow from investments46,755420,000260,000-275,550-521,338
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities-5,556-247,031-3,70435,044256,432
share issue
interest
cash flow from financing-5,556-247,031-3,70435,044256,432
cash and cash equivalents
cash
overdraft
change in cash

westport properties limited 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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Westport Properties Limited Competitor Analysis

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Perform a competitor analysis for westport properties limited by selecting its closest rivals, whether from the CONSTRUCTION sector, other small companies, companies in N15 area or any other competitors across 12 key performance metrics.

westport properties limited Ownership

WESTPORT PROPERTIES LIMITED group structure

Westport Properties Limited has no subsidiary companies.

Ultimate parent company

WESTPORT PROPERTIES LIMITED

10591845

WESTPORT PROPERTIES LIMITED Shareholders

elmcroft investments ltd 50%
herald investments ltd 50%

westport properties limited directors

Westport Properties Limited currently has 2 directors. The longest serving directors include Mr Zwi Horovitz (Feb 2017) and Mr Barry Bodner (Feb 2018).

officercountryagestartendrole
Mr Zwi HorovitzUnited Kingdom39 years Feb 2017- Director
Mr Barry BodnerEngland76 years Feb 2018- Director

P&L

January 2024

turnover

699.3k

+25%

operating profit

22k

0%

gross margin

18%

-2.34%

turnover

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

Balance Sheet

January 2024

net assets

85.8k

+0.24%

total assets

281.3k

-0.01%

cash

0

0%

net assets

Total assets minus all liabilities

westport properties limited company details

company number

10591845

Type

Private limited with Share Capital

industry

41100 - Development of building projects

68100 - Buying and selling of own real estate

incorporation date

January 2017

age

8

incorporated

UK

ultimate parent company

None

accounts

Micro-Entity Accounts

last accounts submitted

January 2024

previous names

N/A

accountant

FINER ACCOUNTING LTD

auditor

-

address

unit 9 the high cross centre, fountayne road, london, N15 4BE

Bank

-

Legal Advisor

-

westport properties 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 8 charges/mortgages relating to westport properties limited. Currently there are 3 open charges and 5 have been satisfied in the past.

westport properties 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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westport properties limited Companies House Filings - See Documents

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