westburn group limited

Live (In Liquidation)MatureSmallRapid

westburn group limited Company Information

Share WESTBURN GROUP LIMITED

Company Number

SC222941

Shareholders

stewart george matthews

duncan norman matthews

Group Structure

View All

Industry

Activities of other holding companies (not including agricultural, production, construction, distribution and financial services holding companies) n.e.c.

 

Registered Address

163 bath street, glasgow, G2 4SQ

westburn group limited Estimated Valuation

£2.1m

Pomanda estimates the enterprise value of WESTBURN GROUP LIMITED at £2.1m based on a Turnover of £2.3m and 0.91x industry multiple (adjusted for size and gross margin).

westburn group limited Estimated Valuation

£6.4m

Pomanda estimates the enterprise value of WESTBURN GROUP LIMITED at £6.4m based on an EBITDA of £1.8m and a 3.54x industry multiple (adjusted for size and gross margin).

westburn group limited Estimated Valuation

£3.5m

Pomanda estimates the enterprise value of WESTBURN GROUP LIMITED at £3.5m based on Net Assets of £2.7m and 1.31x industry multiple (adjusted for liquidity).

Edit your figures and get a professional valuation report.

Westburn Group Limited Overview

Westburn Group Limited is a live company located in glasgow, G2 4SQ with a Companies House number of SC222941. It operates in the activities of other holding companies n.e.c. sector, SIC Code 64209. Founded in September 2001, it's largest shareholder is stewart george matthews with a 50% stake. Westburn Group Limited is a mature, small sized company, Pomanda has estimated its turnover at £2.3m with rapid growth in recent years.

View Sample
View Sample
View Sample

Upgrade for unlimited company reports & a free credit check

Westburn Group Limited Health Check

Pomanda's financial health check has awarded Westburn Group Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 5 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating5out of 5
positive_score

5 Strong

positive_score

1 Regular

positive_score

5 Weak

size

Size

annual sales of £2.3m, make it smaller than the average company (£15m)

£2.3m - Westburn Group Limited

£15m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 36%, show it is growing at a faster rate (5.9%)

36% - Westburn Group Limited

5.9% - Industry AVG

production

Production

with a gross margin of 19.3%, this company has a higher cost of product (33.2%)

19.3% - Westburn Group Limited

33.2% - Industry AVG

profitability

Profitability

an operating margin of 78.7% make it more profitable than the average company (5.3%)

78.7% - Westburn Group Limited

5.3% - Industry AVG

employees

Employees

with 2 employees, this is below the industry average (103)

2 - Westburn Group Limited

103 - Industry AVG

paystructure

Pay Structure

on an average salary of £34.6k, the company has an equivalent pay structure (£34.6k)

£34.6k - Westburn Group Limited

£34.6k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £1.1m, this is more efficient (£152.2k)

£1.1m - Westburn Group Limited

£152.2k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 193 days, this is later than average (49 days)

193 days - Westburn Group Limited

49 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 18 days, this is quicker than average (47 days)

18 days - Westburn Group Limited

47 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Westburn Group Limited

- - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 873 weeks, this is more cash available to meet short term requirements (12 weeks)

873 weeks - Westburn Group Limited

12 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 3.4%, this is a lower level of debt than the average (68.5%)

3.4% - Westburn Group Limited

68.5% - Industry AVG

WESTBURN GROUP LIMITED financials

EXPORTms excel logo

Westburn Group Limited's latest turnover from September 2018 is estimated at £2.3 million and the company has net assets of £2.7 million. According to their latest financial statements, Westburn Group Limited has 2 employees and maintains cash reserves of £1.6 million as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Sep 2018Sep 2017Sep 2016Sep 2015Sep 2014Sep 2013Sep 2012Sep 2011Sep 2010Sep 2009
Turnover2,296,692809,5331,064,909913,098315,359178,29881,978130,234425,6460
Other Income Or Grants0000000000
Cost Of Sales1,853,707652,425851,597733,848256,066146,65367,384106,178349,3510
Gross Profit442,985157,108213,312179,25059,29331,64514,59424,05676,2950
Admin Expenses-1,363,690232,983-657,651111,646-53,224-3,50343,32847,397121,624-735,330
Operating Profit1,806,675-75,875870,96367,604112,51735,148-28,734-23,341-45,329735,330
Interest Payable00568062,7842,03600510510
Interest Receivable5,868224101618231469247
Pre-Tax Profit1,812,543-75,873870,90966,801109,74333,127-28,716-23,110-45,370735,067
Tax-344,3830-174,182-13,360-23,046-7,619000-205,819
Profit After Tax1,468,160-75,873696,72753,44186,69725,508-28,716-23,110-45,370529,248
Dividends Paid0000000000
Retained Profit1,468,160-75,873696,72753,44186,69725,508-28,716-23,110-45,370529,248
Employee Costs69,28566,527131,98098,81732,49332,25331,99532,44765,1130
Number Of Employees2243111120
EBITDA*1,812,137-68,542878,45784,622149,51867,1599,069-2,198-8,501797,616

* Earnings Before Interest, Tax, Depreciation and Amortisation

Sep 2018Sep 2017Sep 2016Sep 2015Sep 2014Sep 2013Sep 2012Sep 2011Sep 2010Sep 2009
Tangible Assets01,070,8191,078,1521,085,6461,102,6641,104,6231,130,3491,113,8481,093,6051,089,261
Intangible Assets0000000000
Investments & Other6666666332
Debtors (Due After 1 year)0000000000
Total Fixed Assets61,070,8251,078,1581,085,6521,102,6701,104,6291,130,3551,113,8511,093,6081,089,263
Stock & work in progress0000000000
Trade Debtors1,215,417351,113344,781294,32298,83150,46819,75435,293103,177135,778
Group Debtors0000000000
Misc Debtors0000116,17197,08184,684137,972850
Cash1,564,6381711,3562931,1632,7153,6003,55288,67498,799
misc current assets0000000000
total current assets2,780,055351,284346,137294,615216,165150,264108,038176,817191,936234,577
total assets2,780,0611,422,1091,424,2951,380,2671,318,8351,254,8931,238,3931,290,6681,285,5441,323,840
Bank overdraft0000000000
Bank loan0000000000
Trade Creditors 93,149149,44955,07652,70723,43027,62518,66024,409112,94495,479
Group/Directors Accounts0000000000
other short term finances0000000000
hp & lease commitments0000000000
other current liabilities0000000000
total current liabilities93,149149,44955,07652,70723,43027,62518,66024,409112,94495,479
loans0001,80023,00062,65900015,691
hp & lease commitments0000000000
Accruals and Deferred Income0000000000
other liabilities053,90874,79293,06093,14672,047152,679170,48949,82548,420
provisions000000003,8950
total long term liabilities053,90874,79294,860116,146134,706152,679170,48953,72064,111
total liabilities93,149203,357129,868147,567139,576162,331171,339194,898166,664159,590
net assets2,686,9121,218,7521,294,4271,232,7001,179,2591,092,5621,067,0541,095,7701,118,8801,164,250
total shareholders funds2,686,9121,218,7521,294,4271,232,7001,179,2591,092,5621,067,0541,095,7701,118,8801,164,250
Sep 2018Sep 2017Sep 2016Sep 2015Sep 2014Sep 2013Sep 2012Sep 2011Sep 2010Sep 2009
Operating Activities
Operating Profit1,806,675-75,875870,96367,604112,51735,148-28,734-23,341-45,329735,330
Depreciation5,4627,3337,49417,01837,00132,01137,80321,14336,82862,286
Amortisation0000000000
Tax-344,3830-174,182-13,360-23,046-7,619000-205,819
Stock0000000000
Debtors864,3046,33250,45979,32067,45343,111-68,82770,003-32,516135,778
Creditors-56,30094,3732,36929,277-4,1958,965-5,749-88,53517,46595,479
Accruals and Deferred Income0000000000
Deferred Taxes & Provisions0000000-3,8953,8950
Cash flow from operations547,15019,499656,18521,21954,82425,39472,147-164,63145,375551,498
Investing Activities
capital expenditure1,065,357000-35,042-6,285-54,304-41,386-41,172-1,151,547
Change in Investments0000003012
cash flow from investments1,065,357000-35,042-6,285-54,307-41,386-41,173-1,151,549
Financing Activities
Bank loans0000000000
Group/Directors Accounts0000000000
Other Short Term Loans 0000000000
Long term loans00-1,800-21,200-39,65962,65900-15,69115,691
Hire Purchase and Lease Commitments0000000000
other long term liabilities-53,908-20,884-18,268-8621,099-80,632-17,810120,6641,40548,420
share issue0198-635,000000000635,002
interest5,8682-54-802-2,774-2,02018231-41-263
cash flow from financing-48,040-20,684-655,122-22,088-21,334-19,993-17,792120,895-14,327698,850
cash and cash equivalents
cash1,564,467-1,1851,063-870-1,552-88548-85,122-10,12598,799
overdraft0000000000
change in cash1,564,467-1,1851,063-870-1,552-88548-85,122-10,12598,799

westburn group limited Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
Get a comprehensive credit check for westburn group limited. Get real-time insights into westburn group limited's credit score, group structure and payment trends.

From as little as £6.99

This will not impact your credit rating!

View Credit Report Sample

Westburn Group Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for westburn group limited by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other small companies, companies in G 2 area or any other competitors across 12 key performance metrics.

westburn group limited Ownership

WESTBURN GROUP LIMITED group structure

Westburn Group Limited has 4 subsidiary companies.

WESTBURN GROUP LIMITED Shareholders

stewart george matthews 50%
duncan norman matthews 50%

westburn group limited directors

Westburn Group Limited currently has 2 directors. The longest serving directors include Mr Duncan Matthews (Sep 2001) and Mr Stewart Matthews (Sep 2001).

officercountryagestartendrole
Mr Duncan Matthews63 years Sep 2001- Director
Mr Stewart MatthewsScotland66 years Sep 2001- Director

P&L

September 2018

turnover

2.3m

+184%

operating profit

1.8m

0%

gross margin

19.3%

-0.61%

turnover

Turnover, or revenue, is the amount of sales generated by a company within the financial year.

Balance Sheet

September 2018

net assets

2.7m

+1.2%

total assets

2.8m

+0.95%

cash

1.6m

+9148.93%

net assets

Total assets minus all liabilities

westburn group limited company details

company number

SC222941

Type

Private limited with Share Capital

industry

64209 - Activities of other holding companies (not including agricultural, production, construction, distribution and financial services holding companies) n.e.c.

incorporation date

September 2001

age

24

incorporated

UK

ultimate parent company

None

accounts

Unaudited Abridged

last accounts submitted

September 2018

previous names

westburn property company limited (March 2009)

accountant

SD BUSINESS MANAGEMENT

auditor

-

address

163 bath street, glasgow, G2 4SQ

Bank

-

Legal Advisor

-

westburn group 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 4 charges/mortgages relating to westburn group limited. Currently there are 0 open charges and 4 have been satisfied in the past.

westburn group 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.

Click to start generating capital raising & share issue transactions for WESTBURN GROUP LIMITED. This can take several minutes, an email will notify you when this has completed.

westburn group limited Companies House Filings - See Documents

datedescriptionview/download