westfield leisure ltd
westfield leisure ltd Company Information
Company Number
13023732
Next Accounts
Aug 2026
Shareholders
harpreet khatkar
jasdeep singh sahota
Group Structure
View All
Industry
Public houses and bars
Registered Address
25 landswood road, oldbury, B68 9QE
Website
-westfield leisure ltd Estimated Valuation
Pomanda estimates the enterprise value of WESTFIELD LEISURE LTD at £1.1m based on a Turnover of £1.9m and 0.6x industry multiple (adjusted for size and gross margin).
westfield leisure ltd Estimated Valuation
Pomanda estimates the enterprise value of WESTFIELD LEISURE LTD at £4.7m based on an EBITDA of £1.1m and a 4.21x industry multiple (adjusted for size and gross margin).
westfield leisure ltd Estimated Valuation
Pomanda estimates the enterprise value of WESTFIELD LEISURE LTD at £2.4m based on Net Assets of £1.2m and 1.93x industry multiple (adjusted for liquidity).
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Westfield Leisure Ltd Overview
Westfield Leisure Ltd is a live company located in oldbury, B68 9QE with a Companies House number of 13023732. It operates in the public houses and bars sector, SIC Code 56302. Founded in November 2020, it's largest shareholder is harpreet khatkar with a 51% stake. Westfield Leisure Ltd is a young, small sized company, Pomanda has estimated its turnover at £1.9m with rapid growth in recent years.
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Westfield Leisure Ltd Health Check
Pomanda's financial health check has awarded Westfield Leisure Ltd a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 6 measures and has 3 areas for improvement. Company Health Check FAQs
6 Strong
2 Regular
3 Weak
Size
annual sales of £1.9m, make it larger than the average company (£570k)
- Westfield Leisure Ltd
£570k - Industry AVG
Growth
3 year (CAGR) sales growth of 815%, show it is growing at a faster rate (40.2%)
- Westfield Leisure Ltd
40.2% - Industry AVG
Production
with a gross margin of 54.7%, this company has a comparable cost of product (54.7%)
- Westfield Leisure Ltd
54.7% - Industry AVG
Profitability
an operating margin of 52.7% make it more profitable than the average company (5.8%)
- Westfield Leisure Ltd
5.8% - Industry AVG
Employees
with 50 employees, this is above the industry average (12)
50 - Westfield Leisure Ltd
12 - Industry AVG
Pay Structure
on an average salary of £15.3k, the company has an equivalent pay structure (£15.3k)
- Westfield Leisure Ltd
£15.3k - Industry AVG
Efficiency
resulting in sales per employee of £38.2k, this is less efficient (£52.4k)
- Westfield Leisure Ltd
£52.4k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Westfield Leisure Ltd
- - Industry AVG
Creditor Days
its suppliers are paid after 13 days, this is quicker than average (43 days)
- Westfield Leisure Ltd
43 days - Industry AVG
Stock Days
it holds stock equivalent to 8 days, this is less than average (15 days)
- Westfield Leisure Ltd
15 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 12 weeks, this is less cash available to meet short term requirements (17 weeks)
12 weeks - Westfield Leisure Ltd
17 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 44%, this is a lower level of debt than the average (71.4%)
44% - Westfield Leisure Ltd
71.4% - Industry AVG
WESTFIELD LEISURE LTD financials
Westfield Leisure Ltd's latest turnover from November 2024 is estimated at £1.9 million and the company has net assets of £1.2 million. According to their latest financial statements, Westfield Leisure Ltd has 50 employees and maintains cash reserves of £172.4 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Nov 2024 | Nov 2023 | Nov 2022 | Nov 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 | 50 | 30 | ||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Nov 2024 | Nov 2023 | Nov 2022 | Nov 2021 | |
|---|---|---|---|---|
| Tangible Assets | 1,215,245 | 641,597 | 493,778 | 230,856 |
| Intangible Assets | ||||
| Investments & Other | ||||
| Debtors (Due After 1 year) | ||||
| Total Fixed Assets | 1,215,245 | 641,597 | 493,778 | 230,856 |
| Stock & work in progress | 20,114 | |||
| Trade Debtors | ||||
| Group Debtors | 672,845 | |||
| Misc Debtors | 150,000 | 20,000 | 37,938 | 5,249 |
| Cash | 172,363 | 507,975 | 130,474 | 1,123 |
| misc current assets | ||||
| total current assets | 1,015,322 | 527,975 | 168,412 | 6,372 |
| total assets | 2,230,567 | 1,169,572 | 662,190 | 237,228 |
| Bank overdraft | ||||
| Bank loan | ||||
| Trade Creditors | 32,247 | 24,134 | 11,916 | 1,153 |
| Group/Directors Accounts | 504,501 | 424,632 | 738,566 | 257,466 |
| other short term finances | ||||
| hp & lease commitments | ||||
| other current liabilities | 208,645 | 239,556 | 1,200 | 1,200 |
| total current liabilities | 745,393 | 688,322 | 751,682 | 259,819 |
| loans | ||||
| hp & lease commitments | 236,053 | |||
| Accruals and Deferred Income | ||||
| other liabilities | ||||
| provisions | ||||
| total long term liabilities | 236,053 | |||
| total liabilities | 981,446 | 688,322 | 751,682 | 259,819 |
| net assets | 1,249,121 | 481,250 | -89,492 | -22,591 |
| total shareholders funds | 1,249,121 | 481,250 | -89,492 | -22,591 |
| Nov 2024 | Nov 2023 | Nov 2022 | Nov 2021 | |
|---|---|---|---|---|
| Operating Activities | ||||
| Operating Profit | ||||
| Depreciation | 111,534 | |||
| Amortisation | ||||
| Tax | ||||
| Stock | 20,114 | |||
| Debtors | 802,845 | -17,938 | 32,689 | 5,249 |
| Creditors | 8,113 | 12,218 | 10,763 | 1,153 |
| Accruals and Deferred Income | -30,911 | 238,356 | 1,200 | |
| Deferred Taxes & Provisions | ||||
| Cash flow from operations | ||||
| Investing Activities | ||||
| capital expenditure | ||||
| Change in Investments | ||||
| cash flow from investments | ||||
| Financing Activities | ||||
| Bank loans | ||||
| Group/Directors Accounts | 79,869 | -313,934 | 481,100 | 257,466 |
| Other Short Term Loans | ||||
| Long term loans | ||||
| Hire Purchase and Lease Commitments | 236,053 | |||
| other long term liabilities | ||||
| share issue | ||||
| interest | ||||
| cash flow from financing | ||||
| cash and cash equivalents | ||||
| cash | -335,612 | 377,501 | 129,351 | 1,123 |
| overdraft | ||||
| change in cash | -335,612 | 377,501 | 129,351 | 1,123 |
westfield leisure ltd Credit Report and Business Information
Westfield Leisure Ltd Competitor Analysis
Perform a competitor analysis for westfield leisure ltd by selecting its closest rivals, whether from the ACCOMMODATION AND FOOD SERVICE ACTIVITIES sector, other small companies, companies in B68 area or any other competitors across 12 key performance metrics.
westfield leisure ltd Ownership
WESTFIELD LEISURE LTD group structure
Westfield Leisure Ltd has no subsidiary companies.
Ultimate parent company
WESTFIELD LEISURE LTD
13023732
westfield leisure ltd directors
Westfield Leisure Ltd currently has 3 directors. The longest serving directors include Mr Jasdeep Sahota (Nov 2020) and Mr Harpreet Khatkar (Nov 2020).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Jasdeep Sahota | England | 35 years | Nov 2020 | - | Director |
| Mr Harpreet Khatkar | United Kingdom | 29 years | Nov 2020 | - | Director |
| Mr Harpreet Khatkar | England | 29 years | Nov 2020 | - | Director |
P&L
November 2024turnover
1.9m
+61%
operating profit
1m
0%
gross margin
54.8%
-5.24%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
November 2024net assets
1.2m
+1.6%
total assets
2.2m
+0.91%
cash
172.4k
-0.66%
net assets
Total assets minus all liabilities
Similar Companies
westfield leisure ltd company details
company number
13023732
Type
Private limited with Share Capital
industry
56302 - Public houses and bars
incorporation date
November 2020
age
5
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
November 2024
previous names
N/A
accountant
SRI TAX ACCOUNTANTS
auditor
-
address
25 landswood road, oldbury, B68 9QE
Bank
-
Legal Advisor
-
westfield leisure ltd 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 westfield leisure ltd.
westfield leisure ltd 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 WESTFIELD LEISURE LTD. This can take several minutes, an email will notify you when this has completed.
westfield leisure ltd Companies House Filings - See Documents
| date | description | view/download |
|---|
