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Westlands Limited

05868460

active
Private Limited Company
Companies House
Health Score
84 / 100

Healthy

30/30
Filing
20/30
Financial
34/40
Risk
  • Going concern doubt noted in accounts (-10)
  • 3 outstanding charges (-6)

Details

1 SGS BUSINESS PARK, WEST BROMWICH, B70 9DP
Incorporated 06/07/2006

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

45310
Wholesale trade of motor vehicle parts and accessories

Officers

Mr Stephen Mark Smith

secretary · Since 06/07/2006

DIRECTOR

BRITISH · ENGLAND · Age 64

Also on 6 other boards

Mr Scott Alexander Graham

director · Since 06/07/2006

DIRECTOR

BRITISH · UNITED KINGDOM · Age 57

Also on 2 other boards

Mr Nicholas Robert Greenfield

director · Since 04/03/2024

DIRECTOR

BRITISH · UNITED KINGDOM · Age 59

Also on 1 other board

Mr Robert David Hulme

director · Since 04/03/2024

DIRECTOR

BRITISH · UNITED KINGDOM · Age 35

Also on 1 other board

Persons with Significant Control

Mr Stephen Mark Smith

25–50% shares
25–50% votes

British · England · Age 64

30 Kings Road, Calf Heath, Wolverhampton, WV10 7DU

Notified 06/04/2016

Mr Scott Alexander Graham

25–50% shares
25–50% votes

British · United Kingdom · Age 57

110a Longwood Road, Aldridge, WS9 0TD

Notified 06/04/2016

Charges3 outstanding

Charge
outstanding

HSBC UK BANK PLC

Created 29/02/2024Registered 01/03/2024
charge
satisfied

HSBC BANK PLC

Created 07/02/2011Registered 09/02/2011Satisfied 06/03/2026
charge
outstanding

HSBC INVOICE FINANCE (UK) LTD

Created 29/12/2009Registered 31/12/2009
charge
outstanding

HSBC BANK PLC

Created 09/01/2009Registered 15/01/2009

CompanyRankvs 1044+ SIC 45310 peers
49

Financial strength97th percentile among SIC peers · 24/25
Employees19th percentile among SIC peers · 3/15
LiquidityCurrent ratio 1.42× · 12/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
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How is this score calculated?
Financial strength24/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees3/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity12/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity15/15 pts

One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.

Filing compliance15/15 pts

Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.

Risk deductions

Going concern doubt: -10 pts

Outstanding charges: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Going Concern Doubt

and next day delivery from our depots. There are no material uncertainties relating to events or conditions that may cast significant doubt about the ability of the Company to continue as a going concern. Principal risks and uncertainties The Company's principal financial instruments comprise credit facilities, aided by invoice discounting. Key risks to the Company are credit

Key FinancialsYear ending 30/06/2025

Net Worth

£3.1M

Balance sheet strength

Cash

£3k

Cash in the bank

Profit Before Tax

£717k

Bottom line earnings

Net Current Assets

£2.8M

Working capital

Current Assets

£9.3M

Current Liabilities

£6.5M

Fixed Assets

£355k

Debtors

£3.9M

Admin Expenses

£1.6M

Profit After Tax

£534k

0avg. employees

Tax at Year End

Corp tax£177k
Dividends paid£320k

People Costs

Wages & salaries£607k

Balance Sheet

Assets less current liabilities£3.1M
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20251.42+£0
20251.42+£54k
20241.42+£596k
20231.32-£71k
20221.29+£25k
20211.56-£31k
20201.64

Derived from filed accounts. Not audited figures.