Pomanda estimates the enterprise value of WESTGATE HEALTHCARE (CHORLEYWOOD) LIMITED at £1.1m based on a Turnover of £2.2m and 0.51x industry multiple (adjusted for size and gross margin).
Pomanda estimates the enterprise value of WESTGATE HEALTHCARE (CHORLEYWOOD) LIMITED at £162.9k based on an EBITDA of £41.5k and a 3.93x industry multiple (adjusted for size and gross margin).
Pomanda estimates the enterprise value of WESTGATE HEALTHCARE (CHORLEYWOOD) LIMITED at £0 based on Net Assets of £-1.7m and 2.35x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Westgate Healthcare (chorleywood) LimitedOverview
Westgate Healthcare (chorleywood) Limited is a live company located in borehamwood, WD6 1NA with a Companies House number of 12181916. It operates in the other human health activities sector, SIC Code 86900. Founded in August 2019, it's largest shareholder is
westgate healthcare group limited
with a 100% stake. Westgate Healthcare (chorleywood) Limited is a young,
small sized company, Pomanda has estimated its turnover at
£2.2m with
rapid
growth in recent years.
Westgate Healthcare (chorleywood) Limited Health Check
Pomanda's financial health check has awarded Westgate Healthcare (Chorleywood) Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 3 areas for improvement. Company Health Check FAQs
Health Rating3.5out of 5
5 Strong
3 Regular
3 Weak
Size
annual sales of £2.2m, make it larger than the average company (£798.1k)
£2.2m - Westgate Healthcare (chorleywood) Limited
£798.1k - Industry AVG
Growth
3 year (CAGR) sales growth of 113%, show it is growing at a faster rate (6.5%)
113% - Westgate Healthcare (chorleywood) Limited
6.5% - Industry AVG
Production
with a gross margin of 36.5%, this company has a comparable cost of product (36.5%)
36.5% - Westgate Healthcare (chorleywood) Limited
36.5% - Industry AVG
Profitability
an operating margin of -1.4% make it less profitable than the average company (5.6%)
-1.4% - Westgate Healthcare (chorleywood) Limited
5.6% - Industry AVG
Employees
with 39 employees, this is above the industry average (19)
39 - Westgate Healthcare (chorleywood) Limited
19 - Industry AVG
Pay Structure
on an average salary of £27k, the company has an equivalent pay structure (£27k)
£27k - Westgate Healthcare (chorleywood) Limited
£27k - Industry AVG
Efficiency
resulting in sales per employee of £55.9k, this is equally as efficient (£51.5k)
Westgate Healthcare (Chorleywood) Limited's latest turnover from December 2023 is estimated at £2.2 million and the company has net assets of -£1.7 million. According to their latest financial statements, Westgate Healthcare (Chorleywood) Limited has 39 employees and maintains cash reserves of £123 thousand as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Dec 2023
Dec 2022
Dec 2021
Dec 2020
Dec 2019
Turnover
2,181,309
566,215
226,078
222,548
Other Income Or Grants
Cost Of Sales
1,384,403
361,440
150,830
146,590
Gross Profit
796,906
204,775
75,248
75,958
Admin Expenses
827,486
893,393
-27,773
78,248
78,958
Operating Profit
-30,580
-688,618
27,773
-3,000
-3,000
Interest Payable
701,459
451,537
103,227
Interest Receivable
3,508
187
Pre-Tax Profit
-728,531
-1,139,968
-75,454
-3,000
-3,000
Tax
Profit After Tax
-728,531
-1,139,968
-75,454
-3,000
-3,000
Dividends Paid
Retained Profit
-728,531
-1,139,968
-75,454
-3,000
-3,000
Employee Costs
1,054,330
229,986
118,182
116,920
Number Of Employees
39
9
5
5
EBITDA*
41,485
-683,029
27,773
-3,000
-3,000
* Earnings Before Interest, Tax, Depreciation and Amortisation
Dec 2023
Dec 2022
Dec 2021
Dec 2020
Dec 2019
Tangible Assets
10,031,402
10,070,000
7,043,048
4,356,025
3,614,506
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
10,031,402
10,070,000
7,043,048
4,356,025
3,614,506
Stock & work in progress
Trade Debtors
88,787
4,129
Group Debtors
1,361,383
1,973,812
100
100
100
Misc Debtors
106,031
50,544
Cash
122,962
10,680
misc current assets
total current assets
1,679,163
2,039,165
100
100
100
total assets
11,710,565
12,109,165
7,043,148
4,356,125
3,614,606
Bank overdraft
Bank loan
115,713
Trade Creditors
281,458
118,812
Group/Directors Accounts
6,186,471
6,121,039
3,650,251
4,356,025
3,614,506
other short term finances
hp & lease commitments
other current liabilities
127,402
153,234
170,982
6,000
3,000
total current liabilities
6,711,044
6,393,085
3,821,233
4,362,025
3,617,506
loans
6,151,901
6,202,771
3,303,269
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
551,000
488,158
total long term liabilities
6,702,901
6,690,929
3,303,269
total liabilities
13,413,945
13,084,014
7,124,502
4,362,025
3,617,506
net assets
-1,703,380
-974,849
-81,354
-5,900
-2,900
total shareholders funds
-1,703,380
-974,849
-81,354
-5,900
-2,900
Dec 2023
Dec 2022
Dec 2021
Dec 2020
Dec 2019
Operating Activities
Operating Profit
-30,580
-688,618
27,773
-3,000
-3,000
Depreciation
72,065
5,589
Amortisation
Tax
Stock
Debtors
-472,284
2,028,385
100
Creditors
162,646
118,812
Accruals and Deferred Income
-25,832
-17,748
164,982
3,000
3,000
Deferred Taxes & Provisions
62,842
488,158
Cash flow from operations
713,425
-2,122,192
192,755
-100
Investing Activities
capital expenditure
-33,467
-3,032,541
-2,687,023
-741,519
-3,614,506
Change in Investments
cash flow from investments
-33,467
-3,032,541
-2,687,023
-741,519
-3,614,506
Financing Activities
Bank loans
115,713
Group/Directors Accounts
65,432
2,470,788
-705,774
741,519
3,614,506
Other Short Term Loans
Long term loans
-50,870
2,899,502
3,303,269
Hire Purchase and Lease Commitments
other long term liabilities
share issue
246,473
100
interest
-697,951
-451,350
-103,227
cash flow from financing
-567,676
5,165,413
2,494,268
741,519
3,614,606
cash and cash equivalents
cash
112,282
10,680
overdraft
change in cash
112,282
10,680
westgate healthcare (chorleywood) limited Credit Report and Business Information
Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
Get a comprehensive credit check for westgate healthcare (chorleywood) limited. Get real-time insights into westgate healthcare (chorleywood) limited's credit score, group structure and payment trends.
Perform a competitor analysis for westgate healthcare (chorleywood) limited by selecting its closest rivals, whether from the HUMAN HEALTH AND SOCIAL WORK ACTIVITIES sector, other small companies, companies in WD6 area or any other competitors across 12 key performance metrics.
Westgate Healthcare (Chorleywood) Limited currently has 11 directors.
The longest serving directors include
Miss Sita Patel (Aug 2019) and
Pushyant Patel (Aug 2019).
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 2 charges/mortgages relating to westgate healthcare (chorleywood) limited. Currently there are 2 open charges and 0 have been satisfied in the past.
westgate healthcare (chorleywood) 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.
Click to start generating capital raising & share issue transactions for WESTGATE HEALTHCARE (CHORLEYWOOD) LIMITED. This can take several minutes, an email will notify you when this has completed.
westgate healthcare (chorleywood) limitedCompanies House Filings - See Documents
