west park jv limited
west park jv limited Company Information
Company Number
11004792
Next Accounts
Sep 2025
Shareholders
darlington borough council
esh homes limited
Group Structure
View All
Industry
Buying and selling of own real estate
Registered Address
esh house, bowburn north industrial estate, durham, DH6 5PF
Website
http://homesbyesh.comwest park jv limited Estimated Valuation
Pomanda estimates the enterprise value of WEST PARK JV LIMITED at £20.3m based on a Turnover of £8.7m and 2.32x industry multiple (adjusted for size and gross margin).
west park jv limited Estimated Valuation
Pomanda estimates the enterprise value of WEST PARK JV LIMITED at £6.4m based on an EBITDA of £1.3m and a 4.98x industry multiple (adjusted for size and gross margin).
west park jv limited Estimated Valuation
Pomanda estimates the enterprise value of WEST PARK JV LIMITED at £5.6m based on Net Assets of £3.6m and 1.58x industry multiple (adjusted for liquidity).
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West Park Jv Limited Overview
West Park Jv Limited is a live company located in durham, DH6 5PF with a Companies House number of 11004792. It operates in the buying and selling of own real estate sector, SIC Code 68100. Founded in October 2017, it's largest shareholder is darlington borough council with a 50% stake. West Park Jv Limited is a young, mid sized company, Pomanda has estimated its turnover at £8.7m with rapid growth in recent years.
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West Park Jv Limited Health Check
Pomanda's financial health check has awarded West Park Jv Limited a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 6 measures and has 3 areas for improvement. Company Health Check FAQs
6 Strong
1 Regular
3 Weak
Size
annual sales of £8.7m, make it larger than the average company (£929.3k)
£8.7m - West Park Jv Limited
£929.3k - Industry AVG
Growth
3 year (CAGR) sales growth of 70%, show it is growing at a faster rate (2.8%)
70% - West Park Jv Limited
2.8% - Industry AVG
Production
with a gross margin of 19.1%, this company has a higher cost of product (70.4%)
19.1% - West Park Jv Limited
70.4% - Industry AVG
Profitability
an operating margin of 14.7% make it less profitable than the average company (24%)
14.7% - West Park Jv Limited
24% - Industry AVG
Employees
with 47 employees, this is above the industry average (4)
- West Park Jv Limited
4 - Industry AVG
Pay Structure
There is insufficient data available for this Key Performance Indicator!
- West Park Jv Limited
- - Industry AVG
Efficiency
resulting in sales per employee of £185.7k, this is equally as efficient (£186.4k)
- West Park Jv Limited
£186.4k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- - West Park Jv Limited
- - Industry AVG
Creditor Days
its suppliers are paid after 0 days, this is quicker than average (32 days)
0 days - West Park Jv Limited
32 days - Industry AVG
Stock Days
it holds stock equivalent to 93 days, this is less than average (387 days)
93 days - West Park Jv Limited
387 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 131 weeks, this is more cash available to meet short term requirements (8 weeks)
131 weeks - West Park Jv Limited
8 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 24.4%, this is a lower level of debt than the average (64.1%)
24.4% - West Park Jv Limited
64.1% - Industry AVG
WEST PARK JV LIMITED financials
West Park Jv Limited's latest turnover from December 2023 is £8.7 million and the company has net assets of £3.6 million. According to their latest financial statements, we estimate that West Park Jv Limited has 47 employees and maintains cash reserves of £2.9 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | |
|---|---|---|---|---|---|---|
| Turnover | 8,726,000 | 16,604,000 | 11,284,767 | 1,773,767 | ||
| Other Income Or Grants | ||||||
| Cost Of Sales | 7,063,000 | 12,201,000 | 8,587,585 | 1,341,736 | 983 | |
| Gross Profit | 1,663,000 | 4,403,000 | 2,697,182 | 432,031 | -983 | |
| Admin Expenses | 384,000 | 480,000 | 348,371 | 328,968 | 174,106 | |
| Operating Profit | 1,279,000 | 3,923,000 | 2,348,811 | 103,063 | -175,089 | |
| Interest Payable | 69,000 | 228,074 | 218,541 | 28,932 | ||
| Interest Receivable | 7,000 | |||||
| Pre-Tax Profit | 1,286,000 | 3,854,000 | 2,120,737 | -115,478 | -204,021 | |
| Tax | -302,000 | -733,000 | -402,940 | 26,022 | 34,683 | |
| Profit After Tax | 984,000 | 3,121,000 | 1,717,797 | -89,456 | -169,338 | |
| Dividends Paid | 2,000,000 | |||||
| Retained Profit | 984,000 | 1,121,000 | 1,717,797 | -89,456 | -169,338 | |
| Employee Costs | ||||||
| Number Of Employees | 6 | 6 | 6 | 6 | ||
| EBITDA* | 1,279,000 | 3,923,000 | 2,348,811 | 103,063 | -175,089 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | |
|---|---|---|---|---|---|---|
| Tangible Assets | ||||||
| Intangible Assets | ||||||
| Investments & Other | ||||||
| Debtors (Due After 1 year) | ||||||
| Total Fixed Assets | ||||||
| Stock & work in progress | 1,802,000 | 3,283,000 | 4,768,380 | 5,196,755 | 2,426,442 | |
| Trade Debtors | ||||||
| Group Debtors | ||||||
| Misc Debtors | 13,000 | 14,000 | 102,624 | 154,673 | 41,741 | |
| Cash | 2,901,000 | 1,039,000 | 1,160,849 | 1,253,006 | 57,827 | |
| misc current assets | ||||||
| total current assets | 4,716,000 | 4,336,000 | 6,031,853 | 6,604,434 | 2,526,010 | |
| total assets | 4,716,000 | 4,336,000 | 6,031,853 | 6,604,434 | 2,526,010 | |
| Bank overdraft | ||||||
| Bank loan | ||||||
| Trade Creditors | 16,000 | 93,000 | 53,958 | 29,708 | 7,633 | |
| Group/Directors Accounts | 224,000 | 483,000 | 3,991,995 | 3,136,692 | 413,857 | |
| other short term finances | ||||||
| hp & lease commitments | ||||||
| other current liabilities | 911,000 | 1,179,000 | 526,896 | 73,827 | 8,857 | |
| total current liabilities | 1,151,000 | 1,755,000 | 4,572,849 | 3,240,227 | 430,347 | |
| loans | 3,623,000 | 2,265,000 | ||||
| hp & lease commitments | ||||||
| Accruals and Deferred Income | ||||||
| other liabilities | ||||||
| provisions | ||||||
| total long term liabilities | 3,623,000 | 2,265,000 | ||||
| total liabilities | 1,151,000 | 1,755,000 | 4,572,849 | 6,863,227 | 2,695,347 | |
| net assets | 3,565,000 | 2,581,000 | 1,459,004 | -258,793 | -169,337 | |
| total shareholders funds | 3,565,000 | 2,581,000 | 1,459,004 | -258,793 | -169,337 |
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | |
|---|---|---|---|---|---|---|
| Operating Activities | ||||||
| Operating Profit | 1,279,000 | 3,923,000 | 2,348,811 | 103,063 | -175,089 | |
| Depreciation | ||||||
| Amortisation | ||||||
| Tax | -302,000 | -733,000 | -402,940 | 26,022 | 34,683 | |
| Stock | -1,481,000 | -1,485,380 | -428,375 | 2,770,313 | 2,426,442 | |
| Debtors | -1,000 | -88,624 | -52,049 | 112,932 | 41,741 | |
| Creditors | -77,000 | 39,042 | 24,250 | 22,075 | 7,633 | |
| Accruals and Deferred Income | -268,000 | 652,104 | 453,069 | 64,970 | 8,857 | |
| Deferred Taxes & Provisions | ||||||
| Cash flow from operations | 2,114,000 | 5,455,150 | 2,903,614 | -2,667,115 | -2,592,099 | |
| Investing Activities | ||||||
| capital expenditure | ||||||
| Change in Investments | ||||||
| cash flow from investments | ||||||
| Financing Activities | ||||||
| Bank loans | ||||||
| Group/Directors Accounts | -259,000 | -3,508,995 | 855,303 | 2,722,835 | 413,857 | |
| Other Short Term Loans | ||||||
| Long term loans | -3,623,000 | 1,358,000 | 2,265,000 | |||
| Hire Purchase and Lease Commitments | ||||||
| other long term liabilities | ||||||
| share issue | ||||||
| interest | 7,000 | -69,000 | -228,074 | -218,541 | -28,932 | |
| cash flow from financing | -252,000 | -3,576,999 | -2,995,771 | 3,862,294 | 2,649,926 | |
| cash and cash equivalents | ||||||
| cash | 1,862,000 | -121,849 | -92,157 | 1,195,179 | 57,827 | |
| overdraft | ||||||
| change in cash | 1,862,000 | -121,849 | -92,157 | 1,195,179 | 57,827 |
west park jv limited Credit Report and Business Information
West Park Jv Limited Competitor Analysis
Perform a competitor analysis for west park jv limited by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other mid companies, companies in DH6 area or any other competitors across 12 key performance metrics.
west park jv limited Ownership
WEST PARK JV LIMITED group structure
West Park Jv Limited has no subsidiary companies.
Ultimate parent company
2 parents
WEST PARK JV LIMITED
11004792
west park jv limited directors
West Park Jv Limited currently has 6 directors. The longest serving directors include Mr David Horrocks (Oct 2017) and Mr Andrew Radcliffe (Oct 2017).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr David Horrocks | 65 years | Oct 2017 | - | Director | |
| Mr Andrew Radcliffe | 51 years | Oct 2017 | - | Director | |
| Mr Philip Brown | 54 years | Oct 2017 | - | Director | |
| Mr Luke Swinhoe | United Kingdom | 63 years | Feb 2019 | - | Director |
| Mrs Elizabeth Davison | England | 57 years | Nov 2021 | - | Director |
| Mr Ian Williams | England | 59 years | Nov 2021 | - | Director |
P&L
December 2023turnover
8.7m
-47%
operating profit
1.3m
-67%
gross margin
19.1%
-28.13%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
3.6m
+0.38%
total assets
4.7m
+0.09%
cash
2.9m
+1.79%
net assets
Total assets minus all liabilities
Similar Companies
west park jv limited company details
company number
11004792
Type
Private limited with Share Capital
industry
68100 - Buying and selling of own real estate
incorporation date
October 2017
age
8
incorporated
UK
ultimate parent company
accounts
Small Company
last accounts submitted
December 2023
previous names
N/A
accountant
-
auditor
ARMSTRONG WATSON AUDIT LIMITED
address
esh house, bowburn north industrial estate, durham, DH6 5PF
Bank
-
Legal Advisor
-
west park jv 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 2 charges/mortgages relating to west park jv limited. Currently there are 1 open charges and 1 have been satisfied in the past.
west park jv 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 WEST PARK JV LIMITED. This can take several minutes, an email will notify you when this has completed.
west park jv limited Companies House Filings - See Documents
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