westmorland homecare limited
westmorland homecare limited Company Information
Company Number
10823287
Registered Address
18 highgate, kendal, cumbria, LA9 4SX
Industry
Social work activities without accommodation for the elderly and disabled
Telephone
01539725107
Next Accounts Due
March 2025
Group Structure
View All
Shareholders
christopher thomas john moss 50%
joshua steven macaulay 50%
westmorland homecare limited Estimated Valuation
Pomanda estimates the enterprise value of WESTMORLAND HOMECARE LIMITED at £3.5m based on a Turnover of £5.2m and 0.67x industry multiple (adjusted for size and gross margin).
westmorland homecare limited Estimated Valuation
Pomanda estimates the enterprise value of WESTMORLAND HOMECARE LIMITED at £4m based on an EBITDA of £727.6k and a 5.5x industry multiple (adjusted for size and gross margin).
westmorland homecare limited Estimated Valuation
Pomanda estimates the enterprise value of WESTMORLAND HOMECARE LIMITED at £4.7m based on Net Assets of £1.6m and 2.93x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Westmorland Homecare Limited AI Business Plan
In just minutes, we combine Pomanda’s company and industry data with cutting edge Artificial Intelligence to build a comprehensive 27 section business plan. You then have 60 days to tailor the information, decide which sections to include or exclude, and add your own branding logos, images and color scheme to create your perfect plan.
Westmorland Homecare Limited Overview
Westmorland Homecare Limited is a live company located in cumbria, LA9 4SX with a Companies House number of 10823287. It operates in the social work activities without accommodation for the elderly and disabled sector, SIC Code 88100. Founded in June 2017, it's largest shareholder is christopher thomas john moss with a 50% stake. Westmorland Homecare Limited is a young, mid sized company, Pomanda has estimated its turnover at £5.2m with high growth in recent years.
Upgrade for unlimited company reports & a free credit check
Westmorland Homecare Limited Health Check
Pomanda's financial health check has awarded Westmorland Homecare Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 4 areas for improvement. Company Health Check FAQs
4 Strong
3 Regular
4 Weak
Size
annual sales of £5.2m, make it larger than the average company (£481.8k)
- Westmorland Homecare Limited
£481.8k - Industry AVG
Growth
3 year (CAGR) sales growth of 17%, show it is growing at a faster rate (2.6%)
- Westmorland Homecare Limited
2.6% - Industry AVG
Production
with a gross margin of 32.2%, this company has a comparable cost of product (32.2%)
- Westmorland Homecare Limited
32.2% - Industry AVG
Profitability
an operating margin of 13.8% make it more profitable than the average company (2.3%)
- Westmorland Homecare Limited
2.3% - Industry AVG
Employees
with 175 employees, this is above the industry average (16)
175 - Westmorland Homecare Limited
16 - Industry AVG
Pay Structure
on an average salary of £20.6k, the company has an equivalent pay structure (£20.6k)
- Westmorland Homecare Limited
£20.6k - Industry AVG
Efficiency
resulting in sales per employee of £29.6k, this is equally as efficient (£29.1k)
- Westmorland Homecare Limited
£29.1k - Industry AVG
Debtor Days
it gets paid by customers after 35 days, this is later than average (19 days)
- Westmorland Homecare Limited
19 days - Industry AVG
Creditor Days
its suppliers are paid after 0 days, this is quicker than average (9 days)
- Westmorland Homecare Limited
9 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Westmorland Homecare Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 15 weeks, this is less cash available to meet short term requirements (215 weeks)
15 weeks - Westmorland Homecare Limited
215 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 37.3%, this is a higher level of debt than the average (13.4%)
37.3% - Westmorland Homecare Limited
13.4% - Industry AVG
westmorland homecare limited Credit Report and Business Information
Westmorland Homecare Limited Competitor Analysis
Perform a competitor analysis for westmorland homecare limited by selecting its closest rivals and benchmarking them against 12 key performance metrics.
westmorland homecare limited Ownership
WESTMORLAND HOMECARE LIMITED group structure
Westmorland Homecare Limited has no subsidiary companies.
Ultimate parent company
WESTMORLAND HOMECARE LIMITED
10823287
westmorland homecare limited directors
Westmorland Homecare Limited currently has 2 directors. The longest serving directors include Mr Christopher Moss (Jun 2017) and Mr Joshua MacAulay (Jun 2017).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Christopher Moss | United Kingdom | 40 years | Jun 2017 | - | Director |
| Mr Joshua MacAulay | England | 34 years | Jun 2017 | - | Director |
WESTMORLAND HOMECARE LIMITED financials
Westmorland Homecare Limited's latest turnover from June 2023 is estimated at £5.2 million and the company has net assets of £1.6 million. According to their latest financial statements, Westmorland Homecare Limited has 175 employees and maintains cash reserves of £277.3 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 | |
|---|---|---|---|---|---|---|
| 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 | 175 | 183 | 146 | 99 | 74 | |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Jun 2018 | |
|---|---|---|---|---|---|---|
| Tangible Assets | 80,439 | 89,774 | 107,749 | 89,965 | 90,631 | 86,990 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 80,439 | 89,774 | 107,749 | 89,965 | 90,631 | 86,990 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 500,411 | 550,905 | 441,981 | 248,544 | 178,070 | 121,478 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 1,703,181 | 1,478,354 | 526,434 | 113,057 | 60,368 | 0 |
| Cash | 277,315 | 57,077 | 75,779 | 236,836 | 15,345 | 0 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 2,480,907 | 2,086,336 | 1,044,194 | 598,437 | 253,783 | 121,478 |
| total assets | 2,561,346 | 2,176,110 | 1,151,943 | 688,402 | 344,414 | 208,468 |
| Bank overdraft | 15,265 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 1,978 | 9,748 | 6,544 | 0 | 0 | 184,401 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 931,757 | 1,094,221 | 653,328 | 374,998 | 242,906 | 0 |
| total current liabilities | 949,000 | 1,103,969 | 659,872 | 374,998 | 242,906 | 184,401 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 83,333 | 0 | 0 | 0 |
| provisions | 6,748 | 6,418 | 9,303 | 5,034 | 4,451 | 0 |
| total long term liabilities | 6,748 | 6,418 | 92,636 | 5,034 | 4,451 | 0 |
| total liabilities | 955,748 | 1,110,387 | 752,508 | 380,032 | 247,357 | 184,401 |
| net assets | 1,605,598 | 1,065,723 | 399,435 | 308,370 | 97,057 | 24,067 |
| total shareholders funds | 1,605,598 | 1,065,723 | 399,435 | 308,370 | 97,057 | 24,067 |
| Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Jun 2018 | |
|---|---|---|---|---|---|---|
| Operating Activities | ||||||
| Operating Profit | ||||||
| Depreciation | 15,279 | 19,206 | 24,199 | 14,698 | 11,908 | |
| Amortisation | 0 | 0 | 0 | 0 | 0 | |
| Tax | ||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 174,333 | 1,060,844 | 606,814 | 123,163 | 116,960 | 121,478 |
| Creditors | -7,770 | 3,204 | 6,544 | 0 | -184,401 | 184,401 |
| Accruals and Deferred Income | -162,464 | 440,893 | 278,330 | 132,092 | 242,906 | 0 |
| Deferred Taxes & Provisions | 330 | -2,885 | 4,269 | 583 | 4,451 | 0 |
| Cash flow from operations | ||||||
| Investing Activities | ||||||
| capital expenditure | ||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | ||||||
| Financing Activities | ||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | -83,333 | 83,333 | 0 | 0 | 0 |
| share issue | ||||||
| interest | ||||||
| cash flow from financing | ||||||
| cash and cash equivalents | ||||||
| cash | 220,238 | -18,702 | -161,057 | 221,491 | 15,345 | 0 |
| overdraft | 15,265 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 204,973 | -18,702 | -161,057 | 221,491 | 15,345 | 0 |
P&L
June 2023turnover
5.2m
-2%
operating profit
712.3k
0%
gross margin
32.2%
+7.01%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
June 2023net assets
1.6m
+0.51%
total assets
2.6m
+0.18%
cash
277.3k
+3.86%
net assets
Total assets minus all liabilities
westmorland homecare limited company details
company number
10823287
Type
Private limited with Share Capital
industry
88100 - Social work activities without accommodation for the elderly and disabled
incorporation date
June 2017
age
7
accounts
Total Exemption Full
ultimate parent company
previous names
N/A
incorporated
UK
address
18 highgate, kendal, cumbria, LA9 4SX
last accounts submitted
June 2023
westmorland homecare 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 westmorland homecare limited.
westmorland homecare limited Companies House Filings - See Documents
| date | description | view/download |
|---|
