simpson west lettings limited
simpson west lettings limited Company Information
Company Number
11439172
Next Accounts
Sep 2025
Industry
Management of real estate on a fee or contract basis
Real estate agencies
Shareholders
john burns barrett
andrew julian simpson
View AllGroup Structure
View All
Contact
Registered Address
64 corporation street, corby, northamptonshire, NN17 1NH
Website
www.simpsonandwest.comsimpson west lettings limited Estimated Valuation
Pomanda estimates the enterprise value of SIMPSON WEST LETTINGS LIMITED at £724.6k based on a Turnover of £309.8k and 2.34x industry multiple (adjusted for size and gross margin).
simpson west lettings limited Estimated Valuation
Pomanda estimates the enterprise value of SIMPSON WEST LETTINGS LIMITED at £973.1k based on an EBITDA of £129k and a 7.54x industry multiple (adjusted for size and gross margin).
simpson west lettings limited Estimated Valuation
Pomanda estimates the enterprise value of SIMPSON WEST LETTINGS LIMITED at £276.9k based on Net Assets of £140.8k and 1.97x industry multiple (adjusted for liquidity).
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Simpson West Lettings Limited Overview
Simpson West Lettings Limited is a live company located in northamptonshire, NN17 1NH with a Companies House number of 11439172. It operates in the management of real estate on a fee or contract basis sector, SIC Code 68320. Founded in June 2018, it's largest shareholder is john burns barrett with a 66.7% stake. Simpson West Lettings Limited is a young, micro sized company, Pomanda has estimated its turnover at £309.8k with rapid growth in recent years.
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Simpson West Lettings Limited Health Check
Pomanda's financial health check has awarded Simpson West Lettings Limited a 4 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
2 Regular
4 Weak
Size
annual sales of £309.8k, make it smaller than the average company (£1.7m)
- Simpson West Lettings Limited
£1.7m - Industry AVG
Growth
3 year (CAGR) sales growth of 32%, show it is growing at a faster rate (5.5%)
- Simpson West Lettings Limited
5.5% - Industry AVG
Production
with a gross margin of 62.6%, this company has a comparable cost of product (62.6%)
- Simpson West Lettings Limited
62.6% - Industry AVG
Profitability
an operating margin of 14.9% make it more profitable than the average company (7.6%)
- Simpson West Lettings Limited
7.6% - Industry AVG
Employees
with 7 employees, this is below the industry average (21)
7 - Simpson West Lettings Limited
21 - Industry AVG
Pay Structure
on an average salary of £41.8k, the company has an equivalent pay structure (£41.8k)
- Simpson West Lettings Limited
£41.8k - Industry AVG
Efficiency
resulting in sales per employee of £44.3k, this is less efficient (£96.5k)
- Simpson West Lettings Limited
£96.5k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Simpson West Lettings Limited
- - Industry AVG
Creditor Days
its suppliers are paid after 37 days, this is slower than average (34 days)
- Simpson West Lettings Limited
34 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Simpson West Lettings Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 36 weeks, this is more cash available to meet short term requirements (22 weeks)
36 weeks - Simpson West Lettings Limited
22 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 78.7%, this is a higher level of debt than the average (69%)
78.7% - Simpson West Lettings Limited
69% - Industry AVG
SIMPSON WEST LETTINGS LIMITED financials
Simpson West Lettings Limited's latest turnover from December 2023 is estimated at £309.8 thousand and the company has net assets of £140.8 thousand. According to their latest financial statements, Simpson West Lettings Limited has 7 employees and maintains cash reserves of £147.7 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Oct 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 | 7 | 7 | 6 | 6 | 6 | |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Oct 2018 | |
|---|---|---|---|---|---|---|
| Tangible Assets | 7,766 | 14,732 | 21,889 | 1,272 | 1,289 | 0 |
| Intangible Assets | 364,917 | 440,417 | 515,917 | 591,417 | 666,917 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 372,683 | 455,149 | 537,806 | 592,689 | 668,206 | 0 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 0 | 0 | 1,541 | 510 | 3,568 | 0 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 140,536 | 55,517 | 3,900 | 61,873 | 6,353 | 0 |
| Cash | 147,715 | 128,593 | 98,534 | 98,736 | 76,900 | 1 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 288,251 | 184,110 | 103,975 | 161,119 | 86,821 | 1 |
| total assets | 660,934 | 639,259 | 641,781 | 753,808 | 755,027 | 1 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 12,029 | 11,604 | 8,405 | 13,015 | 12,658 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 3,694 | 3,540 | 3,392 | 0 | 0 | 0 |
| other current liabilities | 194,299 | 209,552 | 231,081 | 375,955 | 140,060 | 0 |
| total current liabilities | 210,022 | 224,696 | 242,878 | 388,970 | 152,718 | 0 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 10,100 | 13,794 | 17,334 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 300,000 | 300,000 | 300,000 | 300,000 | 570,000 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 310,100 | 313,794 | 317,334 | 300,000 | 570,000 | 0 |
| total liabilities | 520,122 | 538,490 | 560,212 | 688,970 | 722,718 | 0 |
| net assets | 140,812 | 100,769 | 81,569 | 64,838 | 32,309 | 1 |
| total shareholders funds | 140,812 | 100,769 | 81,569 | 64,838 | 32,309 | 1 |
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Oct 2018 | |
|---|---|---|---|---|---|---|
| Operating Activities | ||||||
| Operating Profit | ||||||
| Depreciation | 7,353 | 7,607 | 7,553 | 518 | 519 | 0 |
| Amortisation | 75,500 | 75,500 | 75,500 | 75,500 | 88,083 | 0 |
| Tax | ||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 85,019 | 50,076 | -56,942 | 52,462 | 9,921 | 0 |
| Creditors | 425 | 3,199 | -4,610 | 357 | 12,658 | 0 |
| Accruals and Deferred Income | -15,253 | -21,529 | -144,874 | 235,895 | 140,060 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 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 | -3,540 | -3,392 | 20,726 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | -270,000 | 570,000 | 0 |
| share issue | ||||||
| interest | ||||||
| cash flow from financing | ||||||
| cash and cash equivalents | ||||||
| cash | 19,122 | 30,059 | -202 | 21,836 | 76,899 | 1 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 19,122 | 30,059 | -202 | 21,836 | 76,899 | 1 |
simpson west lettings limited Credit Report and Business Information
Simpson West Lettings Limited Competitor Analysis
Perform a competitor analysis for simpson west lettings limited by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other micro companies, companies in NN17 area or any other competitors across 12 key performance metrics.
simpson west lettings limited Ownership
SIMPSON WEST LETTINGS LIMITED group structure
Simpson West Lettings Limited has no subsidiary companies.
Ultimate parent company
SIMPSON WEST LETTINGS LIMITED
11439172
simpson west lettings limited directors
Simpson West Lettings Limited currently has 3 directors. The longest serving directors include Mr Andrew Simpson (Jun 2018) and Mr Christopher West (Jun 2018).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Andrew Simpson | England | 57 years | Jun 2018 | - | Director |
| Mr Christopher West | England | 60 years | Jun 2018 | - | Director |
| Mr John Barrett | United Kingdom | 61 years | Jun 2018 | - | Director |
P&L
December 2023turnover
309.8k
+6%
operating profit
46.1k
0%
gross margin
62.7%
-3.44%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
140.8k
+0.4%
total assets
660.9k
+0.03%
cash
147.7k
+0.15%
net assets
Total assets minus all liabilities
Similar Companies
simpson west lettings limited company details
company number
11439172
Type
Private limited with Share Capital
industry
68320 - Management of real estate on a fee or contract basis
68310 - Real estate agencies
incorporation date
June 2018
age
6
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
December 2023
previous names
simpson west lettings corby ltd (November 2018)
accountant
BEWERS TURNER & CO LLP
auditor
-
address
64 corporation street, corby, northamptonshire, NN17 1NH
Bank
-
Legal Advisor
-
simpson west lettings 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 simpson west lettings limited.
simpson west lettings 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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simpson west lettings limited Companies House Filings - See Documents
| date | description | view/download |
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