westgate bidco limited
westgate bidco limited Company Information
Company Number
13127403
Next Accounts
42 days late
Shareholders
westgate midco limited
Group Structure
View All
Industry
Other personal service activities n.e.c.
Registered Address
unit e2 18 knowl piece, wilbury way, hitchin, SG4 0TY
Website
-westgate bidco limited Estimated Valuation
Pomanda estimates the enterprise value of WESTGATE BIDCO LIMITED at £0 based on a Turnover of £0 and 0.71x industry multiple (adjusted for size and gross margin).
westgate bidco limited Estimated Valuation
Pomanda estimates the enterprise value of WESTGATE BIDCO LIMITED at £0 based on an EBITDA of £-340.4k and a 4.24x industry multiple (adjusted for size and gross margin).
westgate bidco limited Estimated Valuation
Pomanda estimates the enterprise value of WESTGATE BIDCO LIMITED at £0 based on Net Assets of £-4.6m and 2.41x industry multiple (adjusted for liquidity).
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Westgate Bidco Limited Overview
Westgate Bidco Limited is a live company located in hitchin, SG4 0TY with a Companies House number of 13127403. It operates in the other service activities n.e.c. sector, SIC Code 96090. Founded in January 2021, it's largest shareholder is westgate midco limited with a 100% stake. Westgate Bidco Limited is a startup, unknown sized company, Pomanda has estimated its turnover at £0 with unknown growth in recent years.
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Westgate Bidco Limited Health Check
There is insufficient data available to calculate a health check for Westgate Bidco Limited. Company Health Check FAQs
0 Strong
0 Regular
4 Weak
Size
There is insufficient data available for this Key Performance Indicator!
- - Westgate Bidco Limited
- - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Westgate Bidco Limited
- - Industry AVG
Production
There is insufficient data available for this Key Performance Indicator!
- - Westgate Bidco Limited
- - Industry AVG
Profitability
There is insufficient data available for this Key Performance Indicator!
- - Westgate Bidco Limited
- - Industry AVG
Employees
with 8 employees, this is below the industry average (14)
- - Westgate Bidco Limited
- - Industry AVG
Pay Structure
on an average salary of £122k, the company has a higher pay structure (£28.2k)
- - Westgate Bidco Limited
- - Industry AVG
Efficiency
There is insufficient data available for this Key Performance Indicator!
- - Westgate Bidco Limited
- - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- - Westgate Bidco Limited
- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- - Westgate Bidco Limited
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Westgate Bidco Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (60 weeks)
- - Westgate Bidco Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 117.4%, this is a higher level of debt than the average (40.4%)
- - Westgate Bidco Limited
- - Industry AVG
WESTGATE BIDCO LIMITED financials
Westgate Bidco Limited's latest turnover from March 2023 is 0 and the company has net assets of -£4.6 million. According to their latest financial statements, Westgate Bidco Limited has 8 employees and maintains cash reserves of £24.8 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2023 | Mar 2022 | |
|---|---|---|
| Turnover | 0 | 0 |
| Other Income Or Grants | ||
| Cost Of Sales | ||
| Gross Profit | ||
| Admin Expenses | ||
| Operating Profit | -340,356 | -352,101 |
| Interest Payable | 2,935,403 | 2,348,573 |
| Interest Receivable | 0 | 0 |
| Pre-Tax Profit | -4,707,670 | -25,127 |
| Tax | -28,341 | 114,819 |
| Profit After Tax | -4,736,011 | 89,692 |
| Dividends Paid | 0 | 0 |
| Retained Profit | -4,736,011 | 89,692 |
| Employee Costs | 976,397 | 939,311 |
| Number Of Employees | 8 | 8 |
| EBITDA* | -340,356 | -352,101 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2023 | Mar 2022 | |
|---|---|---|
| Tangible Assets | 0 | 0 |
| Intangible Assets | 0 | 0 |
| Investments & Other | 26,226,579 | 29,898,490 |
| Debtors (Due After 1 year) | 0 | 0 |
| Total Fixed Assets | 26,226,579 | 29,898,490 |
| Stock & work in progress | 0 | 0 |
| Trade Debtors | 0 | 0 |
| Group Debtors | 40,921 | 35,881 |
| Misc Debtors | 436,326 | 530,819 |
| Cash | 24,831 | 80,137 |
| misc current assets | 0 | 0 |
| total current assets | 502,078 | 646,837 |
| total assets | 26,728,657 | 30,545,327 |
| Bank overdraft | 0 | 0 |
| Bank loan | 0 | 0 |
| Trade Creditors | 3,459 | 23,921 |
| Group/Directors Accounts | 18,330,451 | 16,409,800 |
| other short term finances | 0 | 0 |
| hp & lease commitments | 0 | 0 |
| other current liabilities | 271,065 | 1,251,913 |
| total current liabilities | 18,604,975 | 17,685,634 |
| loans | 12,770,000 | 12,770,000 |
| hp & lease commitments | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 |
| other liabilities | 0 | 0 |
| provisions | 0 | 0 |
| total long term liabilities | 12,770,000 | 12,770,000 |
| total liabilities | 31,374,975 | 30,455,634 |
| net assets | -4,646,318 | 89,693 |
| total shareholders funds | -4,646,318 | 89,693 |
| Mar 2023 | Mar 2022 | |
|---|---|---|
| Operating Activities | ||
| Operating Profit | -340,356 | -352,101 |
| Depreciation | 0 | 0 |
| Amortisation | 0 | 0 |
| Tax | -28,341 | 114,819 |
| Stock | 0 | 0 |
| Debtors | -89,453 | 566,700 |
| Creditors | -20,462 | 23,921 |
| Accruals and Deferred Income | -980,848 | 1,251,913 |
| Deferred Taxes & Provisions | 0 | 0 |
| Cash flow from operations | -1,280,554 | 471,852 |
| Investing Activities | ||
| capital expenditure | ||
| Change in Investments | -3,671,911 | 29,898,490 |
| cash flow from investments | ||
| Financing Activities | ||
| Bank loans | 0 | 0 |
| Group/Directors Accounts | 1,920,651 | 16,409,800 |
| Other Short Term Loans | 0 | 0 |
| Long term loans | 0 | 12,770,000 |
| Hire Purchase and Lease Commitments | 0 | 0 |
| other long term liabilities | 0 | 0 |
| share issue | ||
| interest | -2,935,403 | -2,348,573 |
| cash flow from financing | -1,014,752 | 26,831,228 |
| cash and cash equivalents | ||
| cash | -55,306 | 80,137 |
| overdraft | 0 | 0 |
| change in cash | -55,306 | 80,137 |
westgate bidco limited Credit Report and Business Information
Westgate Bidco Limited Competitor Analysis
Perform a competitor analysis for westgate bidco limited by selecting its closest rivals, whether from the OTHER SERVICE ACTIVITIES sector, other startup companies, companies in SG4 area or any other competitors across 12 key performance metrics.
westgate bidco limited Ownership
WESTGATE BIDCO LIMITED group structure
Westgate Bidco Limited has 5 subsidiary companies.
Ultimate parent company
2 parents
WESTGATE BIDCO LIMITED
13127403
5 subsidiaries
westgate bidco limited directors
Westgate Bidco Limited currently has 3 directors. The longest serving directors include Mr Matthew Reeve (Apr 2021) and Mr Ian Kelly (Jun 2024).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Matthew Reeve | England | 52 years | Apr 2021 | - | Director |
| Mr Ian Kelly | 53 years | Jun 2024 | - | Director | |
| Mr Duncan Gooding | 53 years | Nov 2024 | - | Director |
P&L
March 2023turnover
0
0%
operating profit
-340.4k
-3%
gross margin
0%
0%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2023net assets
-4.6m
-52.8%
total assets
26.7m
-0.12%
cash
24.8k
-0.69%
net assets
Total assets minus all liabilities
Similar Companies
westgate bidco limited company details
company number
13127403
Type
Private limited with Share Capital
industry
96090 - Other personal service activities n.e.c.
incorporation date
January 2021
age
4
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
March 2023
previous names
N/A
accountant
-
auditor
COOPER PARRY GROUP LIMITED
address
unit e2 18 knowl piece, wilbury way, hitchin, SG4 0TY
Bank
-
Legal Advisor
-
westgate bidco 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 3 charges/mortgages relating to westgate bidco limited. Currently there are 3 open charges and 0 have been satisfied in the past.
westgate bidco 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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westgate bidco limited Companies House Filings - See Documents
| date | description | view/download |
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