western friends ltd
western friends ltd Company Information
Company Number
11184365
Next Accounts
94 days late
Directors
Shareholders
hour construction ltd
Group Structure
View All
Industry
Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.
+1Registered Address
49 osbaldeston road, lower ground, london, N16 7DL
Website
www.friendswesternschool.orgwestern friends ltd Estimated Valuation
Pomanda estimates the enterprise value of WESTERN FRIENDS LTD at £554.8k based on a Turnover of £178.7k and 3.1x industry multiple (adjusted for size and gross margin).
western friends ltd Estimated Valuation
Pomanda estimates the enterprise value of WESTERN FRIENDS LTD at £88.8k based on an EBITDA of £13.9k and a 6.39x industry multiple (adjusted for size and gross margin).
western friends ltd Estimated Valuation
Pomanda estimates the enterprise value of WESTERN FRIENDS LTD at £0 based on Net Assets of £-5.7k and 1.68x industry multiple (adjusted for liquidity).
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Western Friends Ltd Overview
Western Friends Ltd is a live company located in london, N16 7DL with a Companies House number of 11184365. It operates in the buying and selling of own real estate sector, SIC Code 68100. Founded in February 2018, it's largest shareholder is hour construction ltd with a 100% stake. Western Friends Ltd is a young, micro sized company, Pomanda has estimated its turnover at £178.7k with unknown growth in recent years.
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Western Friends Ltd Health Check
Pomanda's financial health check has awarded Western Friends Ltd a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 0 measures and has 4 areas for improvement. Company Health Check FAQs
0 Strong
4 Regular
4 Weak
Size
annual sales of £178.7k, make it smaller than the average company (£847.6k)
- Western Friends Ltd
£847.6k - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Western Friends Ltd
- - Industry AVG
Production
with a gross margin of 70.5%, this company has a comparable cost of product (70.5%)
- Western Friends Ltd
70.5% - Industry AVG
Profitability
an operating margin of 7.8% make it less profitable than the average company (35.6%)
- Western Friends Ltd
35.6% - Industry AVG
Employees
with 1 employees, this is below the industry average (4)
1 - Western Friends Ltd
4 - Industry AVG
Pay Structure
on an average salary of £33.5k, the company has an equivalent pay structure (£33.5k)
- Western Friends Ltd
£33.5k - Industry AVG
Efficiency
resulting in sales per employee of £178.7k, this is equally as efficient (£178.7k)
- Western Friends Ltd
£178.7k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Western Friends Ltd
- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- Western Friends Ltd
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Western Friends Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 13 weeks, this is average cash available to meet short term requirements (11 weeks)
13 weeks - Western Friends Ltd
11 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 275%, this is a higher level of debt than the average (65.7%)
275% - Western Friends Ltd
65.7% - Industry AVG
WESTERN FRIENDS LTD financials
Western Friends Ltd's latest turnover from February 2023 is estimated at £178.7 thousand and the company has net assets of -£5.7 thousand. According to their latest financial statements, Western Friends Ltd has 1 employee and maintains cash reserves of £2.2 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Feb 2023 | Feb 2022 | Feb 2021 | Feb 2020 | Feb 2019 | |
|---|---|---|---|---|---|
| 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 | 1 | ||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Feb 2023 | Feb 2022 | Feb 2021 | Feb 2020 | Feb 2019 | |
|---|---|---|---|---|---|
| Tangible Assets | 370,000 | 370,000 | 370,000 | 370,000 | |
| Intangible Assets | |||||
| Investments & Other | |||||
| Debtors (Due After 1 year) | |||||
| Total Fixed Assets | 370,000 | 370,000 | 370,000 | 370,000 | |
| Stock & work in progress | |||||
| Trade Debtors | |||||
| Group Debtors | |||||
| Misc Debtors | 1,000 | 1,000 | 1,000 | 1,000 | 1,000 |
| Cash | 2,234 | 2,234 | 1,714 | 1,104 | 243 |
| misc current assets | |||||
| total current assets | 3,234 | 3,234 | 2,714 | 2,104 | 1,243 |
| total assets | 3,234 | 373,234 | 372,714 | 372,104 | 371,243 |
| Bank overdraft | |||||
| Bank loan | |||||
| Trade Creditors | |||||
| Group/Directors Accounts | |||||
| other short term finances | |||||
| hp & lease commitments | |||||
| other current liabilities | 8,892 | 95,665 | 95,420 | 95,200 | 94,980 |
| total current liabilities | 8,892 | 95,665 | 95,420 | 95,200 | 94,980 |
| loans | 283,062 | 283,054 | 283,053 | 277,500 | |
| hp & lease commitments | |||||
| Accruals and Deferred Income | |||||
| other liabilities | |||||
| provisions | |||||
| total long term liabilities | 283,062 | 283,054 | 283,053 | 277,500 | |
| total liabilities | 8,892 | 378,727 | 378,474 | 378,253 | 372,480 |
| net assets | -5,658 | -5,493 | -5,760 | -6,149 | -1,237 |
| total shareholders funds | -5,658 | -5,493 | -5,760 | -6,149 | -1,237 |
| Feb 2023 | Feb 2022 | Feb 2021 | Feb 2020 | Feb 2019 | |
|---|---|---|---|---|---|
| Operating Activities | |||||
| Operating Profit | |||||
| Depreciation | |||||
| Amortisation | |||||
| Tax | |||||
| Stock | |||||
| Debtors | 1,000 | ||||
| Creditors | |||||
| Accruals and Deferred Income | -86,773 | 245 | 220 | 220 | 94,980 |
| Deferred Taxes & Provisions | |||||
| Cash flow from operations | |||||
| Investing Activities | |||||
| capital expenditure | |||||
| Change in Investments | |||||
| cash flow from investments | |||||
| Financing Activities | |||||
| Bank loans | |||||
| Group/Directors Accounts | |||||
| Other Short Term Loans | |||||
| Long term loans | -283,062 | 8 | 1 | 5,553 | 277,500 |
| Hire Purchase and Lease Commitments | |||||
| other long term liabilities | |||||
| share issue | |||||
| interest | |||||
| cash flow from financing | |||||
| cash and cash equivalents | |||||
| cash | 520 | 610 | 861 | 243 | |
| overdraft | |||||
| change in cash | 520 | 610 | 861 | 243 |
western friends ltd Credit Report and Business Information
Western Friends Ltd Competitor Analysis
Perform a competitor analysis for western friends ltd by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other micro companies, companies in N16 area or any other competitors across 12 key performance metrics.
western friends ltd Ownership
WESTERN FRIENDS LTD group structure
Western Friends Ltd has no subsidiary companies.
western friends ltd directors
Western Friends Ltd currently has 1 director, Mr Joshua Grunhut serving since Feb 2018.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Joshua Grunhut | England | 47 years | Feb 2018 | - | Director |
P&L
February 2023turnover
178.7k
0%
operating profit
13.9k
0%
gross margin
70.6%
0%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
February 2023net assets
-5.7k
+0.03%
total assets
3.2k
-0.99%
cash
2.2k
0%
net assets
Total assets minus all liabilities
western friends ltd company details
company number
11184365
Type
Private limited with Share Capital
industry
68209 - Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.
68100 - Buying and selling of own real estate
incorporation date
February 2018
age
7
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
February 2023
previous names
N/A
accountant
-
auditor
-
address
49 osbaldeston road, lower ground, london, N16 7DL
Bank
-
Legal Advisor
-
western friends ltd 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 western friends ltd.
western friends ltd 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 WESTERN FRIENDS LTD. This can take several minutes, an email will notify you when this has completed.
western friends ltd Companies House Filings - See Documents
| date | description | view/download |
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