glasgow west enterprises limited
glasgow west enterprises limited Company Information
Company Number
SC375676
Next Accounts
Dec 2025
Shareholders
glasgow west housing association ltd
Group Structure
View All
Industry
Factoring
Registered Address
5 royal crescent, glasgow, G3 7SL
Website
www.gwha.org.ukglasgow west enterprises limited Estimated Valuation
Pomanda estimates the enterprise value of GLASGOW WEST ENTERPRISES LIMITED at £1.8m based on a Turnover of £1.1m and 1.58x industry multiple (adjusted for size and gross margin).
glasgow west enterprises limited Estimated Valuation
Pomanda estimates the enterprise value of GLASGOW WEST ENTERPRISES LIMITED at £62.1k based on an EBITDA of £12.7k and a 4.89x industry multiple (adjusted for size and gross margin).
glasgow west enterprises limited Estimated Valuation
Pomanda estimates the enterprise value of GLASGOW WEST ENTERPRISES LIMITED at £57.9k based on Net Assets of £31.7k and 1.83x industry multiple (adjusted for liquidity).
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Glasgow West Enterprises Limited Overview
Glasgow West Enterprises Limited is a live company located in glasgow, G3 7SL with a Companies House number of SC375676. It operates in the factoring sector, SIC Code 64992. Founded in March 2010, it's largest shareholder is glasgow west housing association ltd with a 100% stake. Glasgow West Enterprises Limited is a established, small sized company, Pomanda has estimated its turnover at £1.1m with rapid growth in recent years.
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Glasgow West Enterprises Limited Health Check
Pomanda's financial health check has awarded Glasgow West Enterprises Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 5 areas for improvement. Company Health Check FAQs
3 Strong
3 Regular
5 Weak
Size
annual sales of £1.1m, make it smaller than the average company (£3.5m)
£1.1m - Glasgow West Enterprises Limited
£3.5m - Industry AVG
Growth
3 year (CAGR) sales growth of 237%, show it is growing at a faster rate (14.5%)
- Glasgow West Enterprises Limited
14.5% - Industry AVG
Production
with a gross margin of 69.4%, this company has a comparable cost of product (69.4%)
69.4% - Glasgow West Enterprises Limited
69.4% - Industry AVG
Profitability
an operating margin of 1.1% make it less profitable than the average company (35.3%)
1.1% - Glasgow West Enterprises Limited
35.3% - Industry AVG
Employees
with 5 employees, this is below the industry average (37)
- Glasgow West Enterprises Limited
37 - Industry AVG
Pay Structure
on an average salary of £67.6k, the company has an equivalent pay structure (£67.6k)
- Glasgow West Enterprises Limited
£67.6k - Industry AVG
Efficiency
resulting in sales per employee of £229.7k, this is less efficient (£277.5k)
- Glasgow West Enterprises Limited
£277.5k - Industry AVG
Debtor Days
it gets paid by customers after 57 days, this is earlier than average (1360 days)
57 days - Glasgow West Enterprises Limited
1360 days - Industry AVG
Creditor Days
its suppliers are paid after 90 days, this is quicker than average (597 days)
90 days - Glasgow West Enterprises Limited
597 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Glasgow West Enterprises Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 32 weeks, this is more cash available to meet short term requirements (1 weeks)
32 weeks - Glasgow West Enterprises Limited
1 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 97.4%, this is a similar level of debt than the average (93.1%)
97.4% - Glasgow West Enterprises Limited
93.1% - Industry AVG
GLASGOW WEST ENTERPRISES LIMITED financials
Glasgow West Enterprises Limited's latest turnover from March 2024 is £1.1 million and the company has net assets of £31.7 thousand. According to their latest financial statements, we estimate that Glasgow West Enterprises Limited has 5 employees and maintains cash reserves of £735.7 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 1,148,721 | 934,604 | 405,897 | 383,432 | 501,015 | 1,144,671 | 304,965 | 229,507 | 102,151 | 59,275 | 0 | |||
| Other Income Or Grants | 0 | 0 | ||||||||||||
| Cost Of Sales | 0 | 0 | ||||||||||||
| Gross Profit | 59,275 | 0 | ||||||||||||
| Admin Expenses | 59,175 | 10,121 | ||||||||||||
| Operating Profit | 0 | 0 | 12,869 | 100 | -10,121 | |||||||||
| Interest Payable | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||
| Interest Receivable | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||
| Pre-Tax Profit | 33,568 | -5,734 | 11,716 | 0 | 0 | 12,869 | 4,197 | -7,867 | 822 | 100 | -10,121 | |||
| Tax | -7,839 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||
| Profit After Tax | 25,729 | -5,734 | 11,716 | 0 | 0 | 12,869 | 4,197 | -7,867 | 822 | 100 | -10,121 | |||
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||
| Retained Profit | 25,729 | -5,734 | 11,716 | 0 | 0 | 12,869 | 4,197 | -7,867 | 822 | 100 | -10,121 | |||
| Employee Costs | ||||||||||||||
| Number Of Employees | ||||||||||||||
| EBITDA* | 0 | 0 | 12,869 | 100 | -10,121 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 179,845 | 235,962 | 213,163 | 145,673 | 69,281 | 160,774 | 308,583 | 420,212 | 599,648 | 53,717 | 51,065 | 14,724 | 15,419 | 1 |
| Group Debtors | 307,097 | 110,605 | 176,298 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 65 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 7,778 | 0 | 1 | 0 |
| Cash | 735,687 | 87,207 | 270,955 | 219,432 | 450,591 | 133,150 | 15,083 | 12,309 | 477,334 | 101,507 | 65,973 | 99,530 | 51,748 | 0 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 1,222,629 | 433,839 | 660,416 | 365,105 | 519,872 | 293,924 | 323,666 | 432,521 | 1,076,982 | 155,224 | 124,816 | 114,254 | 67,168 | 1 |
| total assets | 1,222,629 | 433,839 | 660,416 | 365,105 | 519,872 | 293,924 | 323,666 | 432,521 | 1,076,982 | 155,224 | 124,816 | 114,254 | 67,168 | 1 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 86,854 | 78,196 | 79,709 | 39,226 | 962 | 1,177 | 1,063 | 1,081 | 2,163 | 732 | 0 | 0 | 0 | 10,121 |
| Group/Directors Accounts | 718,549 | 23,197 | 229,035 | 22,940 | 203,398 | 82,046 | 94,252 | 226,494 | 928,409 | 20,131 | 0 | 111,821 | 68,690 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 377,675 | 326,463 | 293,691 | 279,745 | 240,245 | 198,984 | 228,350 | 204,945 | 146,409 | 147,229 | 98,397 | 11,631 | 8,498 | 0 |
| total current liabilities | 1,183,078 | 427,856 | 602,435 | 341,911 | 444,605 | 282,207 | 323,665 | 432,520 | 1,076,981 | 168,092 | 98,397 | 123,452 | 77,188 | 10,121 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 43,484 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 7,839 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 7,839 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 43,484 | 0 | 0 | 0 |
| total liabilities | 1,190,917 | 427,856 | 602,435 | 341,911 | 444,605 | 282,207 | 323,665 | 432,520 | 1,076,981 | 168,092 | 141,881 | 123,452 | 77,188 | 10,121 |
| net assets | 31,712 | 5,983 | 57,981 | 23,194 | 75,267 | 11,717 | 1 | 1 | 1 | -12,868 | -17,065 | -9,198 | -10,020 | -10,120 |
| total shareholders funds | 31,712 | 5,983 | 57,981 | 23,194 | 75,267 | 11,717 | 1 | 1 | 1 | -12,868 | -17,065 | -9,198 | -10,020 | -10,120 |
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||||
| Operating Profit | 0 | 0 | 12,869 | 100 | -10,121 | |||||||||
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | -7,839 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 140,310 | -42,829 | 243,788 | 76,392 | -91,493 | -147,809 | -111,629 | -179,436 | 545,931 | -5,126 | 44,119 | -696 | 15,419 | 1 |
| Creditors | 8,658 | -1,513 | 40,483 | 38,264 | -215 | 114 | -18 | -1,082 | 1,431 | 732 | 0 | 0 | -10,121 | 10,121 |
| Accruals and Deferred Income | 51,212 | 32,772 | 13,946 | 39,500 | 41,261 | -29,366 | 23,405 | 58,536 | -820 | 48,832 | 86,766 | 3,133 | 8,498 | 0 |
| Deferred Taxes & Provisions | 7,839 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | 135,016 | 236,890 | -532,451 | -16,942 | -1 | |||||||||
| Investing Activities | ||||||||||||||
| capital expenditure | 0 | 0 | ||||||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | 0 | 0 | ||||||||||||
| Financing Activities | ||||||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 695,352 | -205,838 | 206,095 | -180,458 | 121,352 | -12,206 | -132,242 | -701,915 | 908,278 | 20,131 | -111,821 | 43,131 | 68,690 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -43,484 | 43,484 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||||||||||
| interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||
| cash flow from financing | 695,352 | -252,102 | -12,206 | -132,242 | -701,915 | 908,278 | -23,353 | -68,337 | 43,131 | 68,690 | 1 | |||
| cash and cash equivalents | ||||||||||||||
| cash | 648,480 | -183,748 | 51,523 | -231,159 | 317,441 | 118,067 | 2,774 | -465,025 | 375,827 | 35,534 | -33,557 | 47,782 | 51,748 | 0 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 648,480 | -183,748 | 51,523 | -231,159 | 317,441 | 118,067 | 2,774 | -465,025 | 375,827 | 35,534 | -33,557 | 47,782 | 51,748 | 0 |
glasgow west enterprises limited Credit Report and Business Information
Glasgow West Enterprises Limited Competitor Analysis
Perform a competitor analysis for glasgow west enterprises limited by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other small companies, companies in G 3 area or any other competitors across 12 key performance metrics.
glasgow west enterprises limited Ownership
GLASGOW WEST ENTERPRISES LIMITED group structure
Glasgow West Enterprises Limited has no subsidiary companies.
Ultimate parent company
GLASGOW WEST HOUSING ASSOCIATION LTD
#0100308
1 parent
GLASGOW WEST ENTERPRISES LIMITED
SC375676
glasgow west enterprises limited directors
Glasgow West Enterprises Limited currently has 3 directors. The longest serving directors include Ms Elaine Travers (Aug 2020) and Ms Anila Ali (Oct 2021).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Ms Elaine Travers | Scotland | 55 years | Aug 2020 | - | Director |
| Ms Anila Ali | 42 years | Oct 2021 | - | Director | |
| Ms Anne Campbell | 69 years | Jul 2022 | - | Director |
P&L
March 2024turnover
1.1m
+23%
operating profit
12.7k
0%
gross margin
69.5%
-1.58%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2024net assets
31.7k
+4.3%
total assets
1.2m
+1.82%
cash
735.7k
+7.44%
net assets
Total assets minus all liabilities
glasgow west enterprises limited company details
company number
SC375676
Type
Private limited with Share Capital
industry
64992 - Factoring
incorporation date
March 2010
age
15
incorporated
UK
ultimate parent company
accounts
Small Company
last accounts submitted
March 2024
previous names
N/A
accountant
-
auditor
ALEXANDER SLOAN LLP
address
5 royal crescent, glasgow, G3 7SL
Bank
-
Legal Advisor
-
glasgow west enterprises 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 glasgow west enterprises limited.
glasgow west enterprises limited Capital Raised & Share Issues BETA
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glasgow west enterprises limited Companies House Filings - See Documents
| date | description | view/download |
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