Company Overview
Westminco Limited is listed at the official companies registry as Active Private Limited Company. The company was incorporated on Thursday 11 September 1986, so this is a well established company. Westminco Limited has been in business for 37 years and 7 months. The accounts status is total exemption full and the accounts are next due on Sunday 31 December 2023.
Registered Address

1 Bell Yard, London, WC2A 2JR
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Companies House Data
Company NameWESTMINCO LIMITED
Company Number02054378
Registered Office Address1 Bell Yard
 WC2A 2JR
Company CategoryPrivate Limited Company
Company StatusActive
Country of OriginUnited Kingdom
Incorporation Date11/09/1986
Accounting Reference Date Day31
Accounting Reference Date Month3
Accounts Next Due Date31/12/2023
Accounts Last Made Up Date31/03/2022
Accounts Account CategoryTOTAL EXEMPTION FULL
Returns Next Due Date21/04/2017
Returns Last Made Up Date24/03/2016
Directors & Members
Show Resigned
Stephen Evans - Director
(British, 74 years old, born December 1950)
Director
Ann Story - Director
(British, 76 years old, born February 1948)
Retired Teacher - Appointed 01 October 2015
Active
David Wootton - Director
(British, 46 years old, born February 1978)
Chartered Accountant - Appointed 01 July 2021
Active
Secretaries
Show Resigned
Balance Sheet Unlock full report
Accounts Date 31-Mar-2022 31-Mar-2021 31-Mar-2020
Balance Sheet
Fixed Assets 5,616,207 3,597,629 4,190,490
Current Assets 103,225 137,078 323,886
Creditors Due Within One Year 2,833,068 828,623 1,517,200
Working Cap -2,729,843 -691,545 -1,193,314
Total Assets Less Current Liabilities 2,886,364 2,906,084 2,997,176
Long-term Liabilities 1,798,281 2,325,131 2,851,427
Net Assets 1,088,083 580,953 145,749
Share Capital & Reserves
Share Cap - - -
Profit & Loss Reserves - - -
Other Reserves - - -
Shareholders Funds 1,088,083 580,953 145,749
Common Size Financial Analysis Unlock full report
Accounts Date 31-Mar-2022 31-Mar-2021 31-Mar-2020
Tangible Fixed Assets - - -
Fixed Assets 98.2% 96.3% 92.8%
Stocks Inventory - - -
Debtors 1.2% 1.9% 6.1%
Cash Bank In Hand 0.6% 1.8% 1.1%
Current Assets 1.8% 3.7% 7.2%
Creditors Due Within One Year 49.5% 22.2% 33.6%
Net Current Assets Liabilities -47.7% -18.5% -26.4%
Creditors Due After One Year - - -
Accruals Deferred Income - - -
Provisions For Liabilities Charges - - -
Net Assets Liabilities Including Pension Asset Liability - - -
Called Up Share Capital - - -
Share Capital Allotted Called Up Paid - - -
Profit Loss Account Reserve - - -
Shareholder Funds 19.0% 15.6% 3.2%
Capital Employed - - -
Total Assets Less Current Liabilities 50.5% 77.8% 66.4%
Financial Ratio Analysis Unlock full report
Accounts Date 31-Mar-2022 31-Mar-2021 31-Mar-2020
Liquidity Ratio 0.0 0.2 0.2
Solvency Ratio 1.2 1.2 1.0
Reserves to Assets - - -
Secured Creditors Unlock full report
Mortgages Charges 7
Mortgages Outstanding 2
Mortgages Part Satisfied 0
Mortgages Satisfied 5
Assets and Debt Analysis Unlock full report
Accounts Date 31-Mar-2022 31-Mar-2021 31-Mar-2020
Assets 5,719,432 3,734,707 4,514,376
Debt 4,631,349 3,153,754 4,368,627
Net Assets/Debt 1,088,083 580,953 145,749
Current debt exceeded short term liquid assets as at the balance sheet date. We would normally view this in the context of other profitability and solvency indicators. Total reserves including retained profitability and movement in reserves appeared positive. We would normally view a company positively for this. The amount of net assets suggests sufficient cover for total debts and obligations for the size of the company inferred by the balance sheet. The latest accounts are not up-to-date. Later accounts are now overdue. Late filing is not a positive factor. Analysis based on the latest figures available must be taken in the context that the figures are not up-to-date.

Unlock full report  Current debt exceeded short term liquid assets as at the balance sheet date. We would normally view this in the context of other profitability and solvency indicators. Total reserves including retained profitability and movement in reserves appeared positive. We would normally view a company positively for this. The amount of net assets suggests sufficient cover for total debts and obligations for the size of the company inferred by the balance sheet. The latest accounts are not up-to-date. Later accounts are now overdue. Late filing is not a positive factor. Analysis based on the latest figures available must be taken in the context that the figures are not up-to-date.   Current debt exceeded short term liquid assets as at the balance sheet date. We would normally view this in the context of other profitability and solvency indicators. Total reserves including retained profitability and movement in reserves appeared positive. We would normally view a company positively for this. The amount of net assets suggests sufficient cover for total debts and obligations for the size of the company inferred by the balance sheet. The latest accounts are not up-to-date. Later accounts are now overdue. Late filing is not a positive factor. Analysis based on the latest figures available must be taken in the context that the figures are not up-to-date.

This review of public record balance sheet and company status information is presented under the terms of Open Government Licence and is for informational purposes only, is general in nature, and is not intended as an opinion or advice for any specific circumstances. The commentary and the colour band score is not a credit rating or credit risk assessment.

This review does not constitute a full credit rating or credit risk assessment based on the full analysis and credit score algorithms used in our credit reports. A full credit report may also provide information relating to trade payment history and county court or court judgments if any.

Public Record Information Unlock full report
Exact Court Judgements
Period of Months Last 12m 13-24m 25-36m 37-48m 49-60m 61-72m
Number of Exact CCJS X Y Y X X Y
Value of Exact CCJS YXY YK S S X KX
Supplier Credit Limits Unlock full report
Date Sector Notified Amount Terms
XK-SXY XKXYXK SXSKXYXK £X,000 XS XYSKS
SK-SYY SKXYXKYKKY KSXX KKXXYXS £YY,000 YS XYSKS SK YXXSXS
YK-SXY XKXYXYYK SXSXYXK £SX,000 XS XYSKS
Payment Records Unlock full report
Payment Records from it's suppliers' company ledger show how a company is paying its suppliers

Payment Analysis

Total Invoices Paid Before
30 days due
Paid After
30 days due
Owing Before
30 days due
Owing after
30 days due
XYX SX K YX X
Company Valuation Analysis Unlock full report

Going Concern Valuation

The going concern valuations value the company on the basis that it continues to trade without the threat of liquidation for the foreseeable future. These valuations are primarily profit and cashflow based.

Valuations Valuation Measures
Estimated High Value £XSI,000 Retained Profit £YX,000
Estimated Mid Value £YY,000 EBIT £SY,000
Estimated Low Value £X,000 EBITDA £SSX,000

Liquidation Valuation

The liquidaton valuation values the company as if it were to cease trading and assets were subject to rapid disposal to cover liabilities. This valuation is primarily asset based.

Valuations Valuation Measures
Estimated High Value £XY,000 Total Assets £XIX,000
Estimated Mid Value £Y,000 Net Assets £YX,000
Estimated Low Value £S,000 Tangible Equity £SX,000

The above valuations are based on our own algorithms and take no account of many factors that can influence actual valuations realized and should not therefore be assumed to be accurate.

Credit Status Checklist Unlock full report
Business Growth Please purchase a report to see true comments
EBITDA Purchase a report to see true comments
Dividends Please purchase a report to see true comments about this company
Retained Profits Retained Profits for this company
Debt Interest Debt Interest for this company
Cash Flow Cash Flow for this company
CCJs CCJs for this company
Age of Company Age of Company for this company
Solvency Solvency for this company
Secured Creditors Secured Creditors for this company
Ownership Ownership for this company


First Report Score: (0-10) X
Financial Status Guide:
10 Very Strong
9 Strong
8 Very Good
7 Good
6 Above Average
5 Average
4 Below Average
3 Poor
2 Weak
1 Very Weak
0 Critical

Risk Score Trend

Risk Rating Unlock full report

This is the credit risk assessment used by one of the top UK credit reference agencies.

Risk Score (1-100) X
Risk Band Description XXMXMXMX SISX
Risk Assessment Meeting of Creditors
Credit Rating XSKX
Altman Z Score Credit Risk Rating Unlock full report

There have been many bankruptcy predictors developed, however none has been so thoroughly tested and broadly accepted as the Altman Z-Score.

Z Score X
Risk Band XY
Risk Band Description The Z Score is not used for small companies where full accounts are not filed because profit and loss account items are required to calculate the score.

Z Score Bands

1 Low Risk 3.00 and above
2 Caution 2.63 - 2.99
3 Risk of Failure within 2 years 1.24 - 2.62
4 High Probability Failure Below 1.24
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Document Filings
Confirmation statement made on 4 April 2024 with updates
Statement of capital following an allotment of shares on 13 September 2023
Registration of charge 020543780007, created on 11 August 2023
Confirmation statement made on 24 March 2023 with no updates
Confirmation statement made on 24 March 2022 with no updates
Appointment of Mr David James Wootton as a director on 1 July 2021
Confirmation statement made on 24 March 2021 with no updates
Confirmation statement made on 24 March 2020 with updates
Sub-division of shares on 1 April 2019
Confirmation statement made on 24 March 2019 with no updates
Satisfaction of charge 020543780005 in full
Confirmation statement made on 24 March 2018 with no updates
Resolutions
Registration of charge 020543780006, created on 15 December 2017
Registered office address changed from 9-13 Cursitor Street London EC4A 1LL to 1 Bell Yard London WC2A 2JR on 15 June 2017
Confirmation statement made on 24 March 2017 with updates
Annual return made up to 24 March 2016 with full list of shareholders

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