
Company Number
11388910
Next Accounts
56 days late
Directors
Shareholders
edward james carmichael
jennifer chang carmichael
Group Structure
View All
Industry
Other sports activities (not including activities of racehorse owners) n.e.c.
Registered Address
10-12 high street, barnes, london, SW13 9LW
Website
-Pomanda estimates the enterprise value of WESTOVER PARTNERS LIMITED at £310.9k based on a Turnover of £484.1k and 0.64x industry multiple (adjusted for size and gross margin).
Pomanda estimates the enterprise value of WESTOVER PARTNERS LIMITED at £0 based on an EBITDA of £-30.1k and a 2.5x industry multiple (adjusted for size and gross margin).
Pomanda estimates the enterprise value of WESTOVER PARTNERS LIMITED at £0 based on Net Assets of £-218.3k and 1.87x industry multiple (adjusted for liquidity).
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Westover Partners Limited is a live company located in london, SW13 9LW with a Companies House number of 11388910. It operates in the other sports activities sector, SIC Code 93199. Founded in May 2018, it's largest shareholder is edward james carmichael with a 50% stake. Westover Partners Limited is a young, micro sized company, Pomanda has estimated its turnover at £484.1k with declining growth in recent years.
Pomanda's financial health check has awarded Westover Partners Limited a 2 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 6 areas for improvement. Company Health Check FAQs
2 Strong
2 Regular
6 Weak
Size
annual sales of £484.1k, make it in line with the average company (£491.1k)
- Westover Partners Limited
£491.1k - Industry AVG
Growth
3 year (CAGR) sales growth of -23%, show it is growing at a slower rate (5.7%)
- Westover Partners Limited
5.7% - Industry AVG
Production
with a gross margin of 18.8%, this company has a higher cost of product (41.3%)
- Westover Partners Limited
41.3% - Industry AVG
Profitability
an operating margin of -6.2% make it less profitable than the average company (1.7%)
- Westover Partners Limited
1.7% - Industry AVG
Employees
with 4 employees, this is below the industry average (13)
- Westover Partners Limited
13 - Industry AVG
Pay Structure
on an average salary of £25.9k, the company has an equivalent pay structure (£25.9k)
- Westover Partners Limited
£25.9k - Industry AVG
Efficiency
resulting in sales per employee of £121k, this is more efficient (£64.7k)
- Westover Partners Limited
£64.7k - Industry AVG
Debtor Days
it gets paid by customers after 28 days, this is later than average (16 days)
- Westover Partners Limited
16 days - Industry AVG
Creditor Days
its suppliers are paid after 234 days, this is slower than average (31 days)
- Westover Partners Limited
31 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Westover Partners Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Westover Partners Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 675.8%, this is a higher level of debt than the average (37.7%)
675.8% - Westover Partners Limited
37.7% - Industry AVG
Westover Partners Limited's latest turnover from May 2023 is estimated at £484.1 thousand and the company has net assets of -£218.3 thousand. According to their latest financial statements, we estimate that Westover Partners Limited has 4 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
May 2023 | May 2022 | May 2021 | May 2020 | May 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 | 1 | 1 | 1 | |
EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
May 2023 | May 2022 | May 2021 | May 2020 | May 2019 | |
---|---|---|---|---|---|
Tangible Assets | 86 | 813 | 1,279 | ||
Intangible Assets | |||||
Investments & Other | |||||
Debtors (Due After 1 year) | |||||
Total Fixed Assets | 86 | 813 | 1,279 | ||
Stock & work in progress | |||||
Trade Debtors | 37,911 | 81,075 | 228,886 | 205,825 | 203,153 |
Group Debtors | |||||
Misc Debtors | |||||
Cash | |||||
misc current assets | |||||
total current assets | 37,911 | 81,075 | 228,886 | 205,825 | 203,153 |
total assets | 37,911 | 81,075 | 228,972 | 206,638 | 204,432 |
Bank overdraft | |||||
Bank loan | |||||
Trade Creditors | 252,736 | 266,410 | 425,115 | 373,189 | 315,878 |
Group/Directors Accounts | |||||
other short term finances | |||||
hp & lease commitments | |||||
other current liabilities | |||||
total current liabilities | 252,736 | 266,410 | 425,115 | 373,189 | 315,878 |
loans | |||||
hp & lease commitments | |||||
Accruals and Deferred Income | 3,461 | 2,841 | 3,305 | 3,821 | 4,575 |
other liabilities | |||||
provisions | |||||
total long term liabilities | 3,461 | 2,841 | 3,305 | 3,821 | 4,575 |
total liabilities | 256,197 | 269,251 | 428,420 | 377,010 | 320,453 |
net assets | -218,286 | -188,176 | -199,448 | -170,372 | -116,021 |
total shareholders funds | -218,286 | -188,176 | -199,448 | -170,372 | -116,021 |
May 2023 | May 2022 | May 2021 | May 2020 | May 2019 | |
---|---|---|---|---|---|
Operating Activities | |||||
Operating Profit | |||||
Depreciation | |||||
Amortisation | |||||
Tax | |||||
Stock | |||||
Debtors | -43,164 | -147,811 | 23,061 | 2,672 | 203,153 |
Creditors | -13,674 | -158,705 | 51,926 | 57,311 | 315,878 |
Accruals and Deferred Income | 620 | -464 | -516 | -754 | 4,575 |
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 | |||||
Hire Purchase and Lease Commitments | |||||
other long term liabilities | |||||
share issue | |||||
interest | |||||
cash flow from financing | |||||
cash and cash equivalents | |||||
cash | |||||
overdraft | |||||
change in cash |
Perform a competitor analysis for westover partners limited by selecting its closest rivals, whether from the ARTS, ENTERTAINMENT AND RECREATION sector, other micro companies, companies in SW13 area or any other competitors across 12 key performance metrics.
WESTOVER PARTNERS LIMITED group structure
Westover Partners Limited has no subsidiary companies.
Ultimate parent company
WESTOVER PARTNERS LIMITED
11388910
Westover Partners Limited currently has 1 director, Mr Edward Carmichael serving since May 2018.
officer | country | age | start | end | role |
---|---|---|---|---|---|
Mr Edward Carmichael | United Kingdom | 54 years | May 2018 | - | Director |
P&L
May 2023turnover
484.1k
+11%
operating profit
-30.1k
0%
gross margin
18.9%
-17.09%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
May 2023net assets
-218.3k
+0.16%
total assets
37.9k
-0.53%
cash
0
0%
net assets
Total assets minus all liabilities
company number
11388910
Type
Private limited with Share Capital
industry
93199 - Other sports activities (not including activities of racehorse owners) n.e.c.
incorporation date
May 2018
age
7
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
May 2023
previous names
N/A
accountant
WILKINS SOUTHWORTH
auditor
-
address
10-12 high street, barnes, london, SW13 9LW
Bank
-
Legal Advisor
-
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 westover partners limited.
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