new west route limited Company Information
Company Number
12591779
Website
-Registered Address
29 arran drive, wilnecote, tamworth, B77 5AS
Industry
Development of building projects
Telephone
-
Next Accounts Due
February 2025
Group Structure
View All
Directors
Adrian Kennedy4 Years
Shareholders
adrian kennedy 50%
claire kennedy 50%
new west route limited Estimated Valuation
Pomanda estimates the enterprise value of NEW WEST ROUTE LIMITED at £326.5k based on a Turnover of £576.1k and 0.57x industry multiple (adjusted for size and gross margin).
new west route limited Estimated Valuation
Pomanda estimates the enterprise value of NEW WEST ROUTE LIMITED at £0 based on an EBITDA of £-46.3k and a 4.13x industry multiple (adjusted for size and gross margin).
new west route limited Estimated Valuation
Pomanda estimates the enterprise value of NEW WEST ROUTE LIMITED at £66.4k based on Net Assets of £42.9k and 1.55x industry multiple (adjusted for liquidity).
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New West Route Limited Overview
New West Route Limited is a live company located in tamworth, B77 5AS with a Companies House number of 12591779. It operates in the development of building projects sector, SIC Code 41100. Founded in May 2020, it's largest shareholder is adrian kennedy with a 50% stake. New West Route Limited is a startup, small sized company, Pomanda has estimated its turnover at £576.1k with unknown growth in recent years.
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New West Route Limited Health Check
Pomanda's financial health check has awarded New West Route Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 3 areas for improvement. Company Health Check FAQs
2 Strong
3 Regular
3 Weak
Size
annual sales of £576.1k, make it smaller than the average company (£2.2m)
- New West Route Limited
£2.2m - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- New West Route Limited
- - Industry AVG
Production
with a gross margin of 25.9%, this company has a comparable cost of product (25.9%)
- New West Route Limited
25.9% - Industry AVG
Profitability
an operating margin of -8% make it less profitable than the average company (7.5%)
- New West Route Limited
7.5% - Industry AVG
Employees
with 2 employees, this is below the industry average (6)
2 - New West Route Limited
6 - Industry AVG
Pay Structure
on an average salary of £47.8k, the company has an equivalent pay structure (£47.8k)
- New West Route Limited
£47.8k - Industry AVG
Efficiency
resulting in sales per employee of £288.1k, this is equally as efficient (£288.1k)
- New West Route Limited
£288.1k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- New West Route Limited
- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- New West Route Limited
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- New West Route Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 2717 weeks, this is more cash available to meet short term requirements (13 weeks)
2717 weeks - New West Route Limited
13 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 1.8%, this is a lower level of debt than the average (73.6%)
1.8% - New West Route Limited
73.6% - Industry AVG
NEW WEST ROUTE LIMITED financials
New West Route Limited's latest turnover from May 2023 is estimated at £576.1 thousand and the company has net assets of £42.9 thousand. According to their latest financial statements, New West Route Limited has 2 employees and maintains cash reserves of £41.8 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
May 2023 | May 2022 | May 2021 | |
---|---|---|---|
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 | 1 | 1 |
EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
May 2023 | May 2022 | May 2021 | |
---|---|---|---|
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 | 0 | 0 | 0 |
Trade Debtors | 0 | 0 | 2,100 |
Group Debtors | 0 | 0 | 0 |
Misc Debtors | 1,879 | 100 | 100 |
Cash | 41,808 | 88,449 | 110,586 |
misc current assets | 0 | 0 | 0 |
total current assets | 43,687 | 88,549 | 112,786 |
total assets | 43,687 | 88,549 | 112,786 |
Bank overdraft | 0 | 0 | 0 |
Bank loan | 0 | 0 | 0 |
Trade Creditors | 0 | 0 | 5 |
Group/Directors Accounts | 0 | 0 | 0 |
other short term finances | 0 | 0 | 0 |
hp & lease commitments | 0 | 0 | 0 |
other current liabilities | 800 | 2,254 | 27,375 |
total current liabilities | 800 | 2,254 | 27,380 |
loans | 0 | 0 | 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 | 0 | 0 | 0 |
total liabilities | 800 | 2,254 | 27,380 |
net assets | 42,887 | 86,295 | 85,406 |
total shareholders funds | 42,887 | 86,295 | 85,406 |
May 2023 | May 2022 | May 2021 | |
---|---|---|---|
Operating Activities | |||
Operating Profit | |||
Depreciation | 0 | 0 | 0 |
Amortisation | 0 | 0 | 0 |
Tax | |||
Stock | 0 | 0 | 0 |
Debtors | 1,779 | -2,100 | 2,200 |
Creditors | 0 | -5 | 5 |
Accruals and Deferred Income | -1,454 | -25,121 | 27,375 |
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 | 0 | 0 |
Long term loans | 0 | 0 | 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 | -46,641 | -22,137 | 110,586 |
overdraft | 0 | 0 | 0 |
change in cash | -46,641 | -22,137 | 110,586 |
new west route limited Credit Report and Business Information
New West Route Limited Competitor Analysis
Perform a competitor analysis for new west route limited by selecting its closest rivals, whether from the CONSTRUCTION sector, other small companies, companies in B77 area or any other competitors across 12 key performance metrics.
new west route limited Ownership
NEW WEST ROUTE LIMITED group structure
New West Route Limited has no subsidiary companies.
Ultimate parent company
NEW WEST ROUTE LIMITED
12591779
new west route limited directors
New West Route Limited currently has 1 director, Mr Adrian Kennedy serving since May 2020.
officer | country | age | start | end | role |
---|---|---|---|---|---|
Mr Adrian Kennedy | England | 51 years | May 2020 | - | Director |
P&L
May 2023turnover
576.1k
+105%
operating profit
-46.3k
0%
gross margin
26%
+6.11%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
May 2023net assets
42.9k
-0.5%
total assets
43.7k
-0.51%
cash
41.8k
-0.53%
net assets
Total assets minus all liabilities
Similar Companies
new west route limited company details
company number
12591779
Type
Private limited with Share Capital
industry
41100 - Development of building projects
incorporation date
May 2020
age
4
incorporated
UK
accounts
Total Exemption Full
ultimate parent company
previous names
N/A
last accounts submitted
May 2023
address
29 arran drive, wilnecote, tamworth, B77 5AS
accountant
LANCASTER HASKINS LIMITED
auditor
-
new west route 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 new west route limited.
new west route limited Companies House Filings - See Documents
date | description | view/download |
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