westminster housing investments limited

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westminster housing investments limited Company Information

Share WESTMINSTER HOUSING INVESTMENTS LIMITED

Company Number

11413846

Directors

James Green

Zohaib Nizami

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Shareholders

westminster city council

Group Structure

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Industry

Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.

 

Registered Address

13th floor city hall, 64 victoria street, london, SW1E 6QP

westminster housing investments limited Estimated Valuation

£3.9m

Pomanda estimates the enterprise value of WESTMINSTER HOUSING INVESTMENTS LIMITED at £3.9m based on a Turnover of £980k and 3.98x industry multiple (adjusted for size and gross margin).

westminster housing investments limited Estimated Valuation

£3.4m

Pomanda estimates the enterprise value of WESTMINSTER HOUSING INVESTMENTS LIMITED at £3.4m based on an EBITDA of £437k and a 7.77x industry multiple (adjusted for size and gross margin).

westminster housing investments limited Estimated Valuation

£14.9m

Pomanda estimates the enterprise value of WESTMINSTER HOUSING INVESTMENTS LIMITED at £14.9m based on Net Assets of £8.6m and 1.75x industry multiple (adjusted for liquidity).

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Westminster Housing Investments Limited Overview

Westminster Housing Investments Limited is a live company located in london, SW1E 6QP with a Companies House number of 11413846. It operates in the other letting and operating of own or leased real estate sector, SIC Code 68209. Founded in June 2018, it's largest shareholder is westminster city council with a 100% stake. Westminster Housing Investments Limited is a young, small sized company, Pomanda has estimated its turnover at £980k with rapid growth in recent years.

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Westminster Housing Investments Limited Health Check

Pomanda's financial health check has awarded Westminster Housing Investments Limited a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 2 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating4.5out of 5
positive_score

5 Strong

positive_score

1 Regular

positive_score

2 Weak

size

Size

annual sales of £980k, make it in line with the average company (£920.2k)

£980k - Westminster Housing Investments Limited

£920.2k - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 385%, show it is growing at a faster rate (4.9%)

385% - Westminster Housing Investments Limited

4.9% - Industry AVG

production

Production

with a gross margin of 100%, this company has a lower cost of product (75.3%)

100% - Westminster Housing Investments Limited

75.3% - Industry AVG

profitability

Profitability

an operating margin of 44.6% make it more profitable than the average company (29.4%)

44.6% - Westminster Housing Investments Limited

29.4% - Industry AVG

employees

Employees

with 3 employees, this is below the industry average (4)

3 - Westminster Housing Investments Limited

4 - Industry AVG

paystructure

Pay Structure

There is insufficient data available for this Key Performance Indicator!

- - Westminster Housing Investments Limited

- - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £326.7k, this is more efficient (£177.7k)

£326.7k - Westminster Housing Investments Limited

£177.7k - Industry AVG

debtordays

Debtor Days

There is insufficient data available for this Key Performance Indicator!

- - Westminster Housing Investments Limited

- - Industry AVG

creditordays

Creditor Days

There is insufficient data available for this Key Performance Indicator!

- - Westminster Housing Investments Limited

- - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Westminster Housing Investments Limited

- - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 68 weeks, this is more cash available to meet short term requirements (11 weeks)

68 weeks - Westminster Housing Investments Limited

11 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 82%, this is a higher level of debt than the average (64.5%)

82% - Westminster Housing Investments Limited

64.5% - Industry AVG

WESTMINSTER HOUSING INVESTMENTS LIMITED financials

EXPORTms excel logo

Westminster Housing Investments Limited's latest turnover from March 2024 is £980 thousand and the company has net assets of £8.6 million. According to their latest financial statements, Westminster Housing Investments Limited has 3 employees and maintains cash reserves of £21.3 million as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019
Turnover979,974600,36469,5738,601468
Other Income Or Grants
Cost Of Sales17,3932,148122
Gross Profit979,974600,36452,1806,453346
Admin Expenses543,012433,815-2,465,958-758,588-581,910
Operating Profit436,962166,5492,518,138765,041582,256
Interest Payable682,8101,360,7172,731,8801,078,125315,438
Interest Receivable282,877687,6701,057190146
Pre-Tax Profit7,757,1353,364,276-212,686-312,894266,964
Tax-1,976,037-276,670-50,723
Profit After Tax5,781,0983,087,606-212,686-312,894216,241
Dividends Paid
Retained Profit5,781,0983,087,606-212,686-312,894216,241
Employee Costs
Number Of Employees331111
EBITDA*436,962166,5492,518,138765,041582,256

* Earnings Before Interest, Tax, Depreciation and Amortisation

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019
Tangible Assets11,39611,39610,378,5495,402,645
Intangible Assets
Investments & Other26,104,00226,160,0019,732,80322
Debtors (Due After 1 year)5,901,15935,272,85219,659,87510,302,245
Total Fixed Assets26,115,39832,072,55655,384,20425,062,52210,302,247
Stock & work in progress
Trade Debtors1,1612,35424140
Group Debtors104,326223,991227,797144,244
Misc Debtors28,4621,328,979150,4546,61974,3691
Cash21,253,9409,651,126194,61687,177292,140
misc current assets1
total current assets21,386,72811,205,257575,221238,281366,5492
total assets47,502,12643,277,81355,959,42525,300,80310,668,7962
Bank overdraft
Bank loan
Trade Creditors 13,799111,38579,48111,047
Group/Directors Accounts15,187,298
other short term finances
hp & lease commitments
other current liabilities939,1581,820,516250,817380,270110,3351
total current liabilities16,140,2551,931,901330,298391,317110,3351
loans22,802,50538,567,64455,938,46525,006,13810,342,219
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
total long term liabilities22,802,50538,567,64455,938,46525,006,13810,342,219
total liabilities38,942,76040,499,54556,268,76325,397,45510,452,5541
net assets8,559,3662,778,268-309,338-96,652216,2421
total shareholders funds8,559,3662,778,268-309,338-96,652216,2421
Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019
Operating Activities
Operating Profit436,962166,5492,518,138765,041582,256
Depreciation
Amortisation
Tax-1,976,037-276,670-50,723
Stock
Debtors-7,322,502-28,198,16715,842,4789,434,32510,376,6531
Creditors-97,58631,90468,43411,047
Accruals and Deferred Income-881,3581,569,699-129,453269,935110,3341
Deferred Taxes & Provisions
Cash flow from operations4,804,48329,689,649-13,385,359-8,388,302-9,734,786
Investing Activities
capital expenditure10,367,153-4,975,904-5,402,645
Change in Investments-55,99916,427,1989,732,8012
cash flow from investments55,999-6,060,045-14,708,705-5,402,645-2
Financing Activities
Bank loans
Group/Directors Accounts15,187,298
Other Short Term Loans
Long term loans-15,765,139-17,370,82130,932,32714,663,91910,342,219
Hire Purchase and Lease Commitments
other long term liabilities
share issue1
interest-399,933-673,047-2,730,823-1,077,935-315,292
cash flow from financing-977,774-18,043,86828,201,50413,585,98410,026,9271
cash and cash equivalents
cash11,602,8149,456,510107,439-204,963292,140
overdraft
change in cash11,602,8149,456,510107,439-204,963292,140

westminster housing investments 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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Westminster Housing Investments Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for westminster housing investments limited by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other small companies, companies in SW1E area or any other competitors across 12 key performance metrics.

westminster housing investments limited Ownership

WESTMINSTER HOUSING INVESTMENTS LIMITED group structure

Westminster Housing Investments Limited has 2 subsidiary companies.

Ultimate parent company

WESTMINSTER CITY COUNCIL

#0024571

1 parent

WESTMINSTER HOUSING INVESTMENTS LIMITED

11413846

2 subsidiaries

WESTMINSTER HOUSING INVESTMENTS LIMITED Shareholders

westminster city council 100%

westminster housing investments limited directors

Westminster Housing Investments Limited currently has 3 directors. The longest serving directors include Mr James Green (Jun 2018) and Mr Zohaib Nizami (Feb 2024).

officercountryagestartendrole
Mr James GreenEngland51 years Jun 2018- Director
Mr Zohaib NizamiUnited Kingdom42 years Feb 2024- Director
Ms Gillian Matthews49 years Aug 2024- Director

P&L

March 2024

turnover

980k

+63%

operating profit

437k

+162%

gross margin

100%

0%

turnover

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

Balance Sheet

March 2024

net assets

8.6m

+2.08%

total assets

47.5m

+0.1%

cash

21.3m

+1.2%

net assets

Total assets minus all liabilities

westminster housing investments limited company details

company number

11413846

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.

incorporation date

June 2018

age

7

incorporated

UK

ultimate parent company

WESTMINSTER CITY COUNCIL

accounts

Small Company

last accounts submitted

March 2024

previous names

N/A

accountant

-

auditor

COOPER PARRY GROUP LIMITED

address

13th floor city hall, 64 victoria street, london, SW1E 6QP

Bank

-

Legal Advisor

-

westminster housing investments 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 9 charges/mortgages relating to westminster housing investments limited. Currently there are 9 open charges and 0 have been satisfied in the past.

westminster housing investments 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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westminster housing investments limited Companies House Filings - See Documents

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