bl west end offices limited
bl west end offices limited Company Information
Company Number
12963614
Next Accounts
Dec 2025
Shareholders
allianz se
bl office holding company limited
Group Structure
View All
Industry
Activities of real estate investment trusts
Registered Address
york house 45 seymour street, london, W1H 7LX
Website
https://www.britishland.combl west end offices limited Estimated Valuation
Pomanda estimates the enterprise value of BL WEST END OFFICES LIMITED at £122.9m based on a Turnover of £28.1m and 4.37x industry multiple (adjusted for size and gross margin).
bl west end offices limited Estimated Valuation
Pomanda estimates the enterprise value of BL WEST END OFFICES LIMITED at £182.9m based on an EBITDA of £18.9m and a 9.66x industry multiple (adjusted for size and gross margin).
bl west end offices limited Estimated Valuation
Pomanda estimates the enterprise value of BL WEST END OFFICES LIMITED at £478.8m based on Net Assets of £275.6m and 1.74x industry multiple (adjusted for liquidity).
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Bl West End Offices Limited Overview
Bl West End Offices Limited is a live company located in london, W1H 7LX with a Companies House number of 12963614. It operates in the activities of real estate investment trusts sector, SIC Code 64306. Founded in October 2020, it's largest shareholder is allianz se with a 75% stake. Bl West End Offices Limited is a young, large sized company, Pomanda has estimated its turnover at £28.1m with rapid growth in recent years.
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Bl West End Offices Limited Health Check
Pomanda's financial health check has awarded Bl West End Offices Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 6 measures and has 1 areas for improvement. Company Health Check FAQs
6 Strong
3 Regular
1 Weak
Size
annual sales of £28.1m, make it larger than the average company (£2.1m)
£28.1m - Bl West End Offices Limited
£2.1m - Industry AVG
Growth
3 year (CAGR) sales growth of 68%, show it is growing at a faster rate (6%)
68% - Bl West End Offices Limited
6% - Industry AVG
Production
with a gross margin of 71.6%, this company has a comparable cost of product (76.2%)
71.6% - Bl West End Offices Limited
76.2% - Industry AVG
Profitability
an operating margin of 67.3% make it more profitable than the average company (25.8%)
67.3% - Bl West End Offices Limited
25.8% - Industry AVG
Employees
with 88 employees, this is above the industry average (4)
- Bl West End Offices Limited
4 - Industry AVG
Pay Structure
There is insufficient data available for this Key Performance Indicator!
- Bl West End Offices Limited
- - Industry AVG
Efficiency
resulting in sales per employee of £319.6k, this is equally as efficient (£321.2k)
- Bl West End Offices Limited
£321.2k - Industry AVG
Debtor Days
it gets paid by customers after 13 days, this is earlier than average (31 days)
13 days - Bl West End Offices Limited
31 days - Industry AVG
Creditor Days
its suppliers are paid after 32 days, this is quicker than average (43 days)
32 days - Bl West End Offices Limited
43 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Bl West End Offices Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 24 weeks, this is more cash available to meet short term requirements (17 weeks)
24 weeks - Bl West End Offices Limited
17 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 42.4%, this is a similar level of debt than the average (38.8%)
42.4% - Bl West End Offices Limited
38.8% - Industry AVG
BL WEST END OFFICES LIMITED financials
Bl West End Offices Limited's latest turnover from March 2024 is £28.1 million and the company has net assets of £275.6 million. According to their latest financial statements, we estimate that Bl West End Offices Limited has 88 employees and maintains cash reserves of £13.4 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | |
|---|---|---|---|---|
| Turnover | 28,126,796 | 27,759,431 | 26,672,501 | 5,919,943 |
| Other Income Or Grants | ||||
| Cost Of Sales | 7,985,839 | 9,039,895 | 7,029,735 | 1,639,186 |
| Gross Profit | 20,140,957 | 18,719,536 | 19,642,766 | 4,280,757 |
| Admin Expenses | 1,216,498 | 1,317,516 | 1,402,901 | 313,630 |
| Operating Profit | 18,924,459 | 17,402,020 | 18,239,865 | 3,967,127 |
| Interest Payable | 11,820,220 | 7,305,135 | 4,635,567 | 604,668 |
| Interest Receivable | 5,625,766 | 2,007,954 | 8,604,264 | 102,796 |
| Pre-Tax Profit | -6,021,544 | -54,647,371 | 26,156,821 | -14,101,918 |
| Tax | -2,933,686 | -3,694,970 | -4,844,476 | 103,406 |
| Profit After Tax | -8,955,230 | -58,342,341 | 21,312,345 | -13,998,512 |
| Dividends Paid | 11,100,000 | 4,200,000 | 13,600,000 | |
| Retained Profit | -20,055,230 | -62,542,341 | 7,712,345 | -13,998,512 |
| Employee Costs | ||||
| Number Of Employees | ||||
| EBITDA* | 18,924,459 | 17,402,020 | 18,239,865 | 3,967,127 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | |
|---|---|---|---|---|
| Tangible Assets | 462,489,777 | 482,932,329 | 534,002,640 | 519,941,579 |
| Intangible Assets | ||||
| Investments & Other | 462,489,777 | 482,932,329 | 534,002,640 | 519,941,579 |
| Debtors (Due After 1 year) | ||||
| Total Fixed Assets | 462,489,777 | 482,932,329 | 534,002,640 | 519,941,579 |
| Stock & work in progress | ||||
| Trade Debtors | 1,060,014 | 826,754 | 532,229 | 618,706 |
| Group Debtors | 724,274 | 724,274 | 724,074 | 1,251,129 |
| Misc Debtors | 732,279 | 388,002 | 600,586 | 427,259 |
| Cash | 13,386,600 | 11,131,416 | 6,775,612 | 5,666,995 |
| misc current assets | ||||
| total current assets | 15,903,167 | 13,070,446 | 8,632,501 | 7,964,089 |
| total assets | 478,392,944 | 496,002,775 | 542,635,141 | 527,905,668 |
| Bank overdraft | ||||
| Bank loan | ||||
| Trade Creditors | 717,157 | 832,666 | 416,537 | 698,473 |
| Group/Directors Accounts | ||||
| other short term finances | 14,910,933 | 14,910,933 | 14,910,933 | 14,910,933 |
| hp & lease commitments | ||||
| other current liabilities | 13,216,893 | 11,497,684 | 11,291,733 | 6,693,473 |
| total current liabilities | 28,844,983 | 27,241,283 | 26,619,203 | 22,302,879 |
| loans | 340,147,672 | 339,564,688 | 338,981,314 | 338,237,790 |
| hp & lease commitments | 10,675,378 | 10,680,686 | 10,685,799 | 10,690,724 |
| Accruals and Deferred Income | ||||
| other liabilities | ||||
| provisions | 7,707,478 | 9,074,736 | 4,658,204 | |
| total long term liabilities | 173,927,575 | 174,319,712 | 171,819,759 | 169,118,895 |
| total liabilities | 202,772,558 | 201,560,995 | 198,438,962 | 191,421,774 |
| net assets | 275,620,386 | 294,441,780 | 344,196,179 | 336,483,894 |
| total shareholders funds | 275,620,386 | 294,441,780 | 344,196,179 | 336,483,894 |
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | |
|---|---|---|---|---|
| Operating Activities | ||||
| Operating Profit | 18,924,459 | 17,402,020 | 18,239,865 | 3,967,127 |
| Depreciation | ||||
| Amortisation | ||||
| Tax | -2,933,686 | -3,694,970 | -4,844,476 | 103,406 |
| Stock | ||||
| Debtors | 577,537 | 82,141 | -440,205 | 2,297,094 |
| Creditors | -115,509 | 416,129 | -281,936 | 698,473 |
| Accruals and Deferred Income | 1,719,209 | 205,951 | 4,598,260 | 6,693,473 |
| Deferred Taxes & Provisions | -1,367,258 | 4,416,532 | 4,658,204 | |
| Cash flow from operations | 15,649,678 | 18,663,521 | 22,810,122 | 9,165,385 |
| Investing Activities | ||||
| capital expenditure | ||||
| Change in Investments | -20,442,552 | -51,070,311 | 14,061,061 | 519,941,579 |
| cash flow from investments | ||||
| Financing Activities | ||||
| Bank loans | ||||
| Group/Directors Accounts | ||||
| Other Short Term Loans | 14,910,933 | |||
| Long term loans | 582,984 | 583,374 | 743,524 | 338,237,790 |
| Hire Purchase and Lease Commitments | -5,308 | -5,113 | -4,925 | 10,690,724 |
| other long term liabilities | ||||
| share issue | ||||
| interest | -6,194,454 | -5,297,181 | 3,968,697 | -501,872 |
| cash flow from financing | -4,382,942 | 8,069,022 | 4,707,236 | 713,819,981 |
| cash and cash equivalents | ||||
| cash | 2,255,184 | 4,355,804 | 1,108,617 | 5,666,995 |
| overdraft | ||||
| change in cash | 2,255,184 | 4,355,804 | 1,108,617 | 5,666,995 |
bl west end offices limited Credit Report and Business Information
Bl West End Offices Limited Competitor Analysis
Perform a competitor analysis for bl west end offices limited by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other large companies, companies in W1H area or any other competitors across 12 key performance metrics.
bl west end offices limited Ownership
BL WEST END OFFICES LIMITED group structure
Bl West End Offices Limited has 1 subsidiary company.
Ultimate parent company
ALLIANZ SE
#0023640
1 parent
BL WEST END OFFICES LIMITED
12963614
1 subsidiary
bl west end offices limited directors
Bl West End Offices Limited currently has 5 directors. The longest serving directors include Mr Hursh Shah (Jan 2021) and Mr Sven Rudolph (Feb 2021).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Hursh Shah | United Kingdom | 48 years | Jan 2021 | - | Director |
| Mr Sven Rudolph | Germany | 46 years | Feb 2021 | - | Director |
| Miss Nicola Dembitz | England | 43 years | Sep 2023 | - | Director |
| Mr Timothy Haddon | United Kingdom | 43 years | Aug 2024 | - | Director |
| Mr Jens Hartmann | England | 53 years | Oct 2024 | - | Director |
P&L
March 2024turnover
28.1m
+1%
operating profit
18.9m
+9%
gross margin
71.7%
+6.19%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2024net assets
275.6m
-0.06%
total assets
478.4m
-0.04%
cash
13.4m
+0.2%
net assets
Total assets minus all liabilities
Similar Companies
bl west end offices limited company details
company number
12963614
Type
Private limited with Share Capital
industry
64306 - Activities of real estate investment trusts
incorporation date
October 2020
age
5
incorporated
UK
ultimate parent company
accounts
Group
last accounts submitted
March 2024
previous names
N/A
accountant
-
auditor
PRICEWATERHOUSECOOPERS LLP
address
york house 45 seymour street, london, W1H 7LX
Bank
-
Legal Advisor
-
bl west end offices 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 bl west end offices limited.
bl west end offices 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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bl west end offices limited Companies House Filings - See Documents
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