journey to the west limited
journey to the west limited Company Information
Company Number
12969762
Website
-Registered Address
2 leman street, london, E1W 9US
Industry
Retail sale in non-specialised stores with food, beverages or tobacco predominating
Telephone
-
Next Accounts Due
43 days late
Group Structure
View All
Shareholders
david louis charles solomon 50%
sin teng tang 50%
journey to the west limited Estimated Valuation
Pomanda estimates the enterprise value of JOURNEY TO THE WEST LIMITED at £64.2k based on a Turnover of £217.5k and 0.3x industry multiple (adjusted for size and gross margin).
journey to the west limited Estimated Valuation
Pomanda estimates the enterprise value of JOURNEY TO THE WEST LIMITED at £0 based on an EBITDA of £-426.3k and a 3.48x industry multiple (adjusted for size and gross margin).
journey to the west limited Estimated Valuation
Pomanda estimates the enterprise value of JOURNEY TO THE WEST LIMITED at £0 based on Net Assets of £-516.2k and 2.76x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Journey To The West Limited Overview
Journey To The West Limited is a live company located in london, E1W 9US with a Companies House number of 12969762. It operates in the retail sale in non-specialised stores with food, beverages or tobacco predominating sector, SIC Code 47110. Founded in October 2020, it's largest shareholder is david louis charles solomon with a 50% stake. Journey To The West Limited is a startup, micro sized company, Pomanda has estimated its turnover at £217.5k with unknown growth in recent years.
Upgrade for unlimited company reports & a free credit check
Journey To The West Limited Health Check
Pomanda's financial health check has awarded Journey To The West Limited a 2 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 5 areas for improvement. Company Health Check FAQs
2 Strong
3 Regular
5 Weak
Size
annual sales of £217.5k, make it smaller than the average company (£1.1m)
- Journey To The West Limited
£1.1m - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Journey To The West Limited
- - Industry AVG
Production
with a gross margin of 23.5%, this company has a comparable cost of product (23.5%)
- Journey To The West Limited
23.5% - Industry AVG
Profitability
an operating margin of -206.7% make it less profitable than the average company (3.1%)
- Journey To The West Limited
3.1% - Industry AVG
Employees
with 2 employees, this is below the industry average (16)
2 - Journey To The West Limited
16 - Industry AVG
Pay Structure
on an average salary of £15.2k, the company has an equivalent pay structure (£15.2k)
- Journey To The West Limited
£15.2k - Industry AVG
Efficiency
resulting in sales per employee of £108.8k, this is equally as efficient (£110k)
- Journey To The West Limited
£110k - Industry AVG
Debtor Days
it gets paid by customers after 4 days, this is earlier than average (6 days)
- Journey To The West Limited
6 days - Industry AVG
Creditor Days
its suppliers are paid after 52 days, this is slower than average (25 days)
- Journey To The West Limited
25 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Journey To The West Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 10 weeks, this is less cash available to meet short term requirements (18 weeks)
10 weeks - Journey To The West Limited
18 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 219.5%, this is a higher level of debt than the average (68.1%)
219.5% - Journey To The West Limited
68.1% - Industry AVG
JOURNEY TO THE WEST LIMITED financials
Journey To The West Limited's latest turnover from December 2022 is estimated at £217.5 thousand and the company has net assets of -£516.2 thousand. According to their latest financial statements, Journey To The West Limited has 2 employees and maintains cash reserves of £191.8 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2022 | Dec 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 |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2022 | Dec 2021 | |
|---|---|---|
| Tangible Assets | 161,984 | 42,286 |
| Intangible Assets | 0 | 0 |
| Investments & Other | 0 | 19,194 |
| Debtors (Due After 1 year) | 0 | 0 |
| Total Fixed Assets | 161,984 | 61,480 |
| Stock & work in progress | 0 | 0 |
| Trade Debtors | 2,387 | 0 |
| Group Debtors | 0 | 0 |
| Misc Debtors | 75,891 | 30,027 |
| Cash | 191,830 | 13,731 |
| misc current assets | 0 | 0 |
| total current assets | 270,108 | 43,758 |
| total assets | 432,092 | 105,238 |
| Bank overdraft | 0 | 0 |
| Bank loan | 0 | 0 |
| Trade Creditors | 24,032 | 7,854 |
| Group/Directors Accounts | 0 | 0 |
| other short term finances | 0 | 0 |
| hp & lease commitments | 0 | 0 |
| other current liabilities | 924,309 | 167,538 |
| total current liabilities | 948,341 | 175,392 |
| loans | 0 | 0 |
| hp & lease commitments | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 |
| other liabilities | 0 | 0 |
| provisions | 0 | 0 |
| total long term liabilities | 0 | 0 |
| total liabilities | 948,341 | 175,392 |
| net assets | -516,249 | -70,154 |
| total shareholders funds | -516,249 | -70,154 |
| Dec 2022 | Dec 2021 | |
|---|---|---|
| Operating Activities | ||
| Operating Profit | ||
| Depreciation | 23,410 | 4,602 |
| Amortisation | 0 | 0 |
| Tax | ||
| Stock | 0 | 0 |
| Debtors | 48,251 | 30,027 |
| Creditors | 16,178 | 7,854 |
| Accruals and Deferred Income | 756,771 | 167,538 |
| Deferred Taxes & Provisions | 0 | 0 |
| Cash flow from operations | ||
| Investing Activities | ||
| capital expenditure | ||
| Change in Investments | -19,194 | 19,194 |
| cash flow from investments | ||
| Financing Activities | ||
| Bank loans | 0 | 0 |
| Group/Directors Accounts | 0 | 0 |
| Other Short Term Loans | 0 | 0 |
| Long term loans | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 |
| other long term liabilities | 0 | 0 |
| share issue | ||
| interest | ||
| cash flow from financing | ||
| cash and cash equivalents | ||
| cash | 178,099 | 13,731 |
| overdraft | 0 | 0 |
| change in cash | 178,099 | 13,731 |
journey to the west limited Credit Report and Business Information
Journey To The West Limited Competitor Analysis
Perform a competitor analysis for journey to the west 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 E1W area or any other competitors across 12 key performance metrics.
journey to the west limited Ownership
JOURNEY TO THE WEST LIMITED group structure
Journey To The West Limited has no subsidiary companies.
Ultimate parent company
JOURNEY TO THE WEST LIMITED
12969762
journey to the west limited directors
Journey To The West Limited currently has 2 directors. The longest serving directors include Mr David Solomon (Oct 2020) and Miss Sin Teng Tang (Oct 2020).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr David Solomon | United Kingdom | 54 years | Oct 2020 | - | Director |
| Miss Sin Teng Tang | United Kingdom | 29 years | Oct 2020 | - | Director |
P&L
December 2022turnover
217.5k
+126%
operating profit
-449.7k
0%
gross margin
23.5%
+2.78%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2022net assets
-516.2k
+6.36%
total assets
432.1k
+3.11%
cash
191.8k
+12.97%
net assets
Total assets minus all liabilities
Similar Companies
journey to the west limited company details
company number
12969762
Type
Private limited with Share Capital
industry
47110 - Retail sale in non-specialised stores with food, beverages or tobacco predominating
incorporation date
October 2020
age
4
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
December 2022
previous names
N/A
accountant
GRAVITA III LLP
auditor
-
address
2 leman street, london, E1W 9US
Bank
-
Legal Advisor
-
journey to the west 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 journey to the west limited.
journey to the west limited Companies House Filings - See Documents
| date | description | view/download |
|---|
