norwood westgate limited
norwood westgate limited Company Information
Company Number
12281322
Website
-Registered Address
helios 47 isabella road, garforth, leeds, LS25 2DY
Industry
Buying and selling of own real estate
Telephone
-
Next Accounts Due
91 days late
Group Structure
View All
Shareholders
norwood homes (westgate) llp 90%
lawrence neil tomlinson 10%
norwood westgate limited Estimated Valuation
Pomanda estimates the enterprise value of NORWOOD WESTGATE LIMITED at £676.3k based on a Turnover of £335.9k and 2.01x industry multiple (adjusted for size and gross margin).
norwood westgate limited Estimated Valuation
Pomanda estimates the enterprise value of NORWOOD WESTGATE LIMITED at £719k based on an EBITDA of £133.7k and a 5.38x industry multiple (adjusted for size and gross margin).
norwood westgate limited Estimated Valuation
Pomanda estimates the enterprise value of NORWOOD WESTGATE LIMITED at £0 based on Net Assets of £-15.1k and 1.4x industry multiple (adjusted for liquidity).
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Norwood Westgate Limited Overview
Norwood Westgate Limited is a live company located in leeds, LS25 2DY with a Companies House number of 12281322. It operates in the buying and selling of own real estate sector, SIC Code 68100. Founded in October 2019, it's largest shareholder is norwood homes (westgate) llp with a 90% stake. Norwood Westgate Limited is a young, micro sized company, Pomanda has estimated its turnover at £335.9k with unknown growth in recent years.
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Norwood Westgate Limited Health Check
Pomanda's financial health check has awarded Norwood Westgate Limited a 1 rating. We use a traffic light system to show it exceeds the industry average on 0 measures and has 8 areas for improvement. Company Health Check FAQs
0 Strong
3 Regular
8 Weak
Size
annual sales of £335.9k, make it smaller than the average company (£808.5k)
- Norwood Westgate Limited
£808.5k - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Norwood Westgate Limited
- - Industry AVG
Production
with a gross margin of 69.8%, this company has a comparable cost of product (69.8%)
- Norwood Westgate Limited
69.8% - Industry AVG
Profitability
an operating margin of 39.8% make it less profitable than the average company (52.8%)
- Norwood Westgate Limited
52.8% - Industry AVG
Employees
with 2 employees, this is below the industry average (4)
- Norwood Westgate Limited
4 - Industry AVG
Pay Structure
on an average salary of £37.1k, the company has an equivalent pay structure (£37.1k)
- Norwood Westgate Limited
£37.1k - Industry AVG
Efficiency
resulting in sales per employee of £168k, this is equally as efficient (£187.9k)
- Norwood Westgate Limited
£187.9k - Industry AVG
Debtor Days
it gets paid by customers after 38 days, this is later than average (28 days)
- Norwood Westgate Limited
28 days - Industry AVG
Creditor Days
its suppliers are paid after 25 days, this is quicker than average (33 days)
- Norwood Westgate Limited
33 days - Industry AVG
Stock Days
it holds stock equivalent to 6899 days, this is more than average (456 days)
- Norwood Westgate Limited
456 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (8 weeks)
0 weeks - Norwood Westgate Limited
8 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 100.8%, this is a higher level of debt than the average (62.1%)
100.8% - Norwood Westgate Limited
62.1% - Industry AVG
NORWOOD WESTGATE LIMITED financials
Norwood Westgate Limited's latest turnover from June 2022 is estimated at £335.9 thousand and the company has net assets of -£15.1 thousand. According to their latest financial statements, we estimate that Norwood Westgate Limited has 2 employees and maintains cash reserves of £3.5 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jun 2022 | Jun 2021 | Jun 2020 | |
|---|---|---|---|
| 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 | |||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jun 2022 | Jun 2021 | Jun 2020 | |
|---|---|---|---|
| Tangible Assets | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 |
| Total Fixed Assets | 0 | 0 | 0 |
| Stock & work in progress | 1,918,764 | 1,798,547 | 0 |
| Trade Debtors | 35,000 | 10,000 | 0 |
| Group Debtors | 0 | 0 | 0 |
| Misc Debtors | 29,950 | 4,027 | 200 |
| Cash | 3,475 | 51,893 | 0 |
| misc current assets | 0 | 0 | 0 |
| total current assets | 1,987,189 | 1,864,467 | 200 |
| total assets | 1,987,189 | 1,864,467 | 200 |
| Bank overdraft | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 |
| Trade Creditors | 7,106 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 |
| other short term finances | 175,472 | 175,472 | 0 |
| hp & lease commitments | 0 | 0 | 0 |
| other current liabilities | 219,668 | 108,402 | 0 |
| total current liabilities | 402,246 | 283,874 | 0 |
| loans | 1,600,000 | 1,600,000 | 0 |
| hp & lease commitments | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 |
| total long term liabilities | 1,600,000 | 1,600,000 | 0 |
| total liabilities | 2,002,246 | 1,883,874 | 0 |
| net assets | -15,057 | -19,407 | 200 |
| total shareholders funds | -15,057 | -19,407 | 200 |
| Jun 2022 | Jun 2021 | Jun 2020 | |
|---|---|---|---|
| Operating Activities | |||
| Operating Profit | |||
| Depreciation | 0 | 0 | 0 |
| Amortisation | 0 | 0 | 0 |
| Tax | |||
| Stock | 120,217 | 1,798,547 | 0 |
| Debtors | 50,923 | 13,827 | 200 |
| Creditors | 7,106 | 0 | 0 |
| Accruals and Deferred Income | 111,266 | 108,402 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 |
| Cash flow from operations | |||
| Investing Activities | |||
| capital expenditure | |||
| Change in Investments | 0 | 0 | 0 |
| cash flow from investments | |||
| Financing Activities | |||
| Bank loans | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 175,472 | 0 |
| Long term loans | 0 | 1,600,000 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 |
| share issue | |||
| interest | |||
| cash flow from financing | |||
| cash and cash equivalents | |||
| cash | -48,418 | 51,893 | 0 |
| overdraft | 0 | 0 | 0 |
| change in cash | -48,418 | 51,893 | 0 |
norwood westgate limited Credit Report and Business Information
Norwood Westgate Limited Competitor Analysis
Perform a competitor analysis for norwood westgate limited by selecting its closest rivals and benchmarking them against 12 key performance metrics.
norwood westgate limited Ownership
NORWOOD WESTGATE LIMITED group structure
Norwood Westgate Limited has no subsidiary companies.
Ultimate parent company
NORWOOD WESTGATE LIMITED
12281322
norwood westgate limited directors
Norwood Westgate Limited currently has 5 directors. The longest serving directors include Mr Timothy Schofield (Oct 2019) and Mr Philip Raven (Oct 2019).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Timothy Schofield | England | 51 years | Oct 2019 | - | Director |
| Mr Philip Raven | 58 years | Oct 2019 | - | Director | |
| Mr Timothy Schofield | United Kingdom | 51 years | Oct 2019 | - | Director |
| Mr Timothy Schofield | England | 51 years | Oct 2019 | - | Director |
| Mr Jonathan Wharam | England | 35 years | Jan 2024 | - | Director |
P&L
June 2022turnover
335.9k
+106%
operating profit
133.7k
0%
gross margin
69.8%
-2.49%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
June 2022net assets
-15.1k
-0.22%
total assets
2m
+0.07%
cash
3.5k
-0.93%
net assets
Total assets minus all liabilities
Similar Companies
norwood westgate limited company details
company number
12281322
Type
Private limited with Share Capital
industry
68100 - Buying and selling of own real estate
incorporation date
October 2019
age
5
accounts
Total Exemption Full
ultimate parent company
previous names
N/A
incorporated
UK
address
helios 47 isabella road, garforth, leeds, LS25 2DY
last accounts submitted
June 2022
norwood westgate 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 5 charges/mortgages relating to norwood westgate limited. Currently there are 5 open charges and 0 have been satisfied in the past.
norwood westgate limited Companies House Filings - See Documents
| date | description | view/download |
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