westaf limited
westaf limited Company Information
Company Number
11529970
Website
-Registered Address
57-59 bridge street, 57-59 bridge street, worksop, S80 1DG
Industry
Retail sale of cosmetic and toilet articles in specialised stores
Other retail sale of food in specialised stores
Telephone
01909809528
Next Accounts Due
May 2025
Group Structure
View All
Directors
Sylvia Acquah1 Years
Shareholders
oluwaseyi olubi 50%
sylvia acquah 50%
westaf limited Estimated Valuation
Pomanda estimates the enterprise value of WESTAF LIMITED at £24.9k based on a Turnover of £47.1k and 0.53x industry multiple (adjusted for size and gross margin).
westaf limited Estimated Valuation
Pomanda estimates the enterprise value of WESTAF LIMITED at £35.7k based on an EBITDA of £7.6k and a 4.68x industry multiple (adjusted for size and gross margin).
westaf limited Estimated Valuation
Pomanda estimates the enterprise value of WESTAF LIMITED at £0 based on Net Assets of £-23.9k and 3.73x industry multiple (adjusted for liquidity).
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Westaf Limited Overview
Westaf Limited is a live company located in worksop, S80 1DG with a Companies House number of 11529970. It operates in the retail sale of fruit and vegetables in specialised stores sector, SIC Code 47210. Founded in August 2018, it's largest shareholder is oluwaseyi olubi with a 50% stake. Westaf Limited is a young, micro sized company, Pomanda has estimated its turnover at £47.1k with declining growth in recent years.
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Westaf Limited Health Check
Pomanda's financial health check has awarded Westaf Limited a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 8 areas for improvement. Company Health Check FAQs
1 Strong
2 Regular
8 Weak
Size
annual sales of £47.1k, make it smaller than the average company (£3.3m)
- Westaf Limited
£3.3m - Industry AVG
Growth
3 year (CAGR) sales growth of -39%, show it is growing at a slower rate (6.1%)
- Westaf Limited
6.1% - Industry AVG
Production
with a gross margin of 37.4%, this company has a comparable cost of product (37.4%)
- Westaf Limited
37.4% - Industry AVG
Profitability
an operating margin of 16% make it more profitable than the average company (3.4%)
- Westaf Limited
3.4% - Industry AVG
Employees
with 1 employees, this is below the industry average (24)
- Westaf Limited
24 - Industry AVG
Pay Structure
on an average salary of £21.8k, the company has an equivalent pay structure (£21.8k)
- Westaf Limited
£21.8k - Industry AVG
Efficiency
resulting in sales per employee of £47.1k, this is less efficient (£117.4k)
- Westaf Limited
£117.4k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Westaf Limited
- - Industry AVG
Creditor Days
its suppliers are paid after 31 days, this is quicker than average (39 days)
- Westaf Limited
39 days - Industry AVG
Stock Days
it holds stock equivalent to 293 days, this is more than average (63 days)
- Westaf Limited
63 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (16 weeks)
0 weeks - Westaf Limited
16 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 196.4%, this is a higher level of debt than the average (74.5%)
196.4% - Westaf Limited
74.5% - Industry AVG
WESTAF LIMITED financials
Westaf Limited's latest turnover from August 2023 is estimated at £47.1 thousand and the company has net assets of -£23.9 thousand. According to their latest financial statements, we estimate that Westaf Limited has 1 employee and maintains cash reserves of £247 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Aug 2023 | Aug 2022 | Aug 2021 | Aug 2020 | Aug 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 | 2 | ||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Aug 2023 | Aug 2022 | Aug 2021 | Aug 2020 | Aug 2019 | |
|---|---|---|---|---|---|
| Tangible Assets | 900 | 1,000 | 1,100 | 1,200 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 900 | 1,000 | 1,100 | 1,200 | 0 |
| Stock & work in progress | 23,650 | 19,680 | 3,690 | 0 | 0 |
| Trade Debtors | 0 | 0 | 0 | 0 | 65 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 | 0 |
| Cash | 247 | 224 | 4,373 | 33,814 | 0 |
| misc current assets | 0 | 0 | 0 | 0 | 0 |
| total current assets | 23,897 | 19,904 | 8,063 | 33,814 | 65 |
| total assets | 24,797 | 20,904 | 9,163 | 35,014 | 65 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 2,547 | 501 | 1,995 | 34,416 | 11,232 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 14,655 | 0 | 0 | 0 | 0 |
| total current liabilities | 17,202 | 501 | 1,995 | 34,416 | 11,232 |
| loans | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 31,510 | 49,972 | 42,615 | 40,000 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 31,510 | 49,972 | 42,615 | 40,000 | 0 |
| total liabilities | 48,712 | 50,473 | 44,610 | 74,416 | 11,232 |
| net assets | -23,915 | -29,569 | -35,447 | -39,402 | -11,167 |
| total shareholders funds | -23,915 | -29,569 | -35,447 | -39,402 | -11,167 |
| Aug 2023 | Aug 2022 | Aug 2021 | Aug 2020 | Aug 2019 | |
|---|---|---|---|---|---|
| Operating Activities | |||||
| Operating Profit | |||||
| Depreciation | 100 | 100 | 100 | 0 | |
| Amortisation | 0 | 0 | 0 | 0 | |
| Tax | |||||
| Stock | 3,970 | 15,990 | 3,690 | 0 | 0 |
| Debtors | 0 | 0 | 0 | -65 | 65 |
| Creditors | 2,046 | -1,494 | -32,421 | 23,184 | 11,232 |
| Accruals and Deferred Income | 14,655 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | |||||
| Investing Activities | |||||
| capital expenditure | |||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | |||||
| Financing Activities | |||||
| Bank loans | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | -18,462 | 7,357 | 2,615 | 40,000 | 0 |
| share issue | |||||
| interest | |||||
| cash flow from financing | |||||
| cash and cash equivalents | |||||
| cash | 23 | -4,149 | -29,441 | 33,814 | 0 |
| overdraft | 0 | 0 | 0 | 0 | 0 |
| change in cash | 23 | -4,149 | -29,441 | 33,814 | 0 |
westaf limited Credit Report and Business Information
Westaf Limited Competitor Analysis
Perform a competitor analysis for westaf limited by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other micro companies, companies in S80 area or any other competitors across 12 key performance metrics.
westaf limited Ownership
WESTAF LIMITED group structure
Westaf Limited has no subsidiary companies.
Ultimate parent company
WESTAF LIMITED
11529970
westaf limited directors
Westaf Limited currently has 1 director, Miss Sylvia Acquah serving since Nov 2022.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Miss Sylvia Acquah | 39 years | Nov 2022 | - | Director |
P&L
August 2023turnover
47.1k
+49%
operating profit
7.5k
0%
gross margin
37.5%
-3.04%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
August 2023net assets
-23.9k
-0.19%
total assets
24.8k
+0.19%
cash
247
+0.1%
net assets
Total assets minus all liabilities
westaf limited company details
company number
11529970
Type
Private limited with Share Capital
industry
47750 - Retail sale of cosmetic and toilet articles in specialised stores
47290 - Other retail sale of food in specialised stores
47210 - Retail sale of fruit and vegetables in specialised stores
incorporation date
August 2018
age
6
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
August 2023
previous names
N/A
accountant
-
auditor
-
address
57-59 bridge street, 57-59 bridge street, worksop, S80 1DG
Bank
-
Legal Advisor
-
westaf 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 westaf limited.
westaf limited Companies House Filings - See Documents
| date | description | view/download |
|---|
