Westgreen Construction Ltd in London, WC1H 9BQ

Description

Data updated on: 01-11-2023

Westgreen Construction Ltd is located at London at 7-12 Tavistock Square. You can search for the firm by the post code - WC1H 9BQ. Westgreen Construction's incorporation dates back to 1999. This firm is registered under the number 03757739 and their last known status is active. Although recently referred to as Westgreen Construction Ltd, it had the name changed. The company was known under the name Pipetwin until Fri, 23rd Jul 1999, when the company name was replaced by West Green Construction. The last switch took place on Mon, 27th Oct 2008. The firm's Standard Industrial Classification Code is 41100 which stands for Development of building projects. Thursday 31st March 2022 is the last time when the accounts were filed.

Our info about the following firm's executives implies that there are two directors: Christopher G. and John G. who became a part of the team on Thu, 18th Jan 2018 and Thu, 13th May 1999.

Previous company's names
Westgreen Construction Ltd 2008-10-27
West Green Construction Limited 1999-07-23
Pipetwin Limited 1999-04-22

Financial data based on annual reports

Profit & Loss
Date of Accounts	2012-03-31	2013-03-31	2014-03-31	2017-03-31	2018-03-31	2019-03-31	2020-03-31	2021-03-31
Currency	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP
Net Worth	3 608 851	4 733 338	4 922 172

Balance Sheet
Cash Bank On Hand				7 396 549	3 877 064	4 898 776	1 050 173	2 105 779
Current Assets	6 199 943	9 485 566	6 979 364	13 419 363	9 210 095	11 976 970	6 539 549	8 536 356
Debtors	3 562 581	4 742 483	4 563 530	6 022 814	5 333 031	7 078 194	5 489 376	6 430 577
Net Assets Liabilities				6 850 254	3 596 186	5 561 897	2 654 790	3 003 978
Other Debtors				3 084 252	1 364 298	1 071 389	983 207	933 347
Property Plant Equipment				24 477	18 935	14 201	10 651	11 978
Cash Bank In Hand	2 556 160	4 297 658	1 690 172
Net Assets Liabilities Including Pension Asset Liability	3 608 851	4 733 337	4 922 172
Stocks Inventory	81 202	445 425	725 662
Tangible Fixed Assets	39 576	31 869	21 213

Capital & Reserves
Called Up Share Capital	1 000	1 000	1 000
Profit Loss Account Reserve	3 607 517	4 732 003	4 920 838
Shareholder Funds	3 608 851	4 733 338	4 922 172

Other Financial Data
Audit Fees Expenses	10 000	10 000		14 000	14 500	15 650	24 100	23 855
Corporate Finance Transactions Fees						6 920
Other Non-audit Services Fees						2 500	4 600	4 575
Other Taxation Advisory Services Fees						14 066	24 670	13 793
Taxation Compliance Services Fees				2 500	2 500	2 500	2 500	9 218
Accrued Liabilities Deferred Income				1 539 227	409 486	1 381 060	376 619	1 250 501
Accumulated Depreciation Impairment Property Plant Equipment				82 721	91 403	96 137	99 687	103 682
Additions Other Than Through Business Combinations Property Plant Equipment					3 140			5 322
Administrative Expenses	930 039	858 629		1 289 731	2 367 279	2 281 760	2 454 012	1 869 925
Amounts Owed By Group Undertakings						42 885	54 328
Amounts Recoverable On Contracts				1 794 936	2 763 327	2 366 383	3 183 187	3 446 491
Average Number Employees During Period						39	37	35
Cash Cash Equivalents Cash Flow Value					3 877 064	4 898 776	1 050 173	2 105 779
Comprehensive Income Expense				1 557 777	745 932
Corporation Tax Payable				397 943	110 377			97 432
Corporation Tax Recoverable						566 776	91 100	49 621
Cost Sales	5 161 196	14 283 670		21 036 381	17 271 900	18 288 301	14 082 010	8 780 906
Creditors				6 185 475	5 197 166	6 322 427	3 819 641	5 523 737
Current Tax For Period				382 608	185 377			97 432
Deferred Income							85 511	1 118 062
Deferred Tax Expense Credit From Unrecognised Tax Loss Or Credit				4 991				333
Deferred Tax Expense Credit Relating To Origination Reversal Timing Differences				1 576	-1 336	-712	-24	333
Depreciation Impairment Expense Property Plant Equipment						4 734	3 550	3 995
Dividends Paid							3 000 000
Dividends Paid Classified As Financing Activities							-3 000 000
Dividends Paid On Shares Final							3 000 000
Further Item Interest Expense Component Total Interest Expense						261		504
Further Item Tax Increase Decrease Component Adjusting Items				-13 206		-220 051	-27 702
Future Minimum Lease Payments Under Non-cancellable Operating Leases						207 750	312 750	32 000
Gain Loss Due To Foreign Exchange Differences Recognised In Profit Or Loss				2 673	995	-803	1 266	-1 680
Government Grant Income								200 921
Impairment Loss Reversal On Investments				-66 028
Income Taxes Paid Refund Classified As Operating Activities				-703	-472 943	-110 377	475 676	41 479
Increase Decrease In Current Tax From Adjustment For Prior Periods				3 522		-566 776
Increase From Depreciation Charge For Year Property Plant Equipment					8 682	4 734	3 550	3 995
Interest Income On Bank Deposits				13 879	9 177	3 298	6 334	571
Interest Income On Financial Assets That Are Not Fair Value Through Profit Or Loss				13 879	9 177	3 298	6 334
Interest Payable Similar Charges Finance Costs						261		504
Interest Received Classified As Investing Activities				-13 879	-9 177	-14 287	-6 334	-571
Key Management Personnel Compensation Total						754 250	549 024
Net Cash Flows From Used In Investing Activities				-874 792	-1 725 991
Net Cash Flows From Used In Operating Activities				-2 531 443	1 245 476	-1 007 425	854 937	-1 060 357
Net Cash Generated From Operations					772 533	-551 287		-1 019 382
Net Current Assets Liabilities	4 129 577	5 501 909	4 251 708	7 233 888	4 012 929	5 654 543	2 719 908	3 012 619
Net Finance Income Costs				13 879	9 177	14 287	6 334	571
Net Interest Paid Received Classified As Operating Activities						-261		-504
Number Shares Issued Fully Paid					500	500	500
Operating Profit Loss	1 353 568	1 458 625		1 865 576	920 796	1 384 197	86 535	446 886
Other Creditors						1 158 136	777 910	814 503
Other Interest Income						10 989
Other Operating Income Format1				109 683	113 978	62 500	64 916	196 859
Other Provisions Balance Sheet Subtotal							74 946	19 463
Other Taxation Social Security Payable				228 563	312 456	401 028	276 935	559 793
Par Value Share		1	1		1	1	1
Payments To Acquire Own Shares					-4 000 000
Pension Other Post-employment Benefit Costs Other Pension Costs				89 514	100 364	106 876	101 455	102 012
Prepayments Accrued Income				698 546	593 207	2 483 739	858 876	920 209
Proceeds From Sales Or Maturity Financial Assets Other Than Trading Investments				147 183	-1 719 954
Proceeds From Sales Other Long-term Assets Classified As Investing Activities				-1 008 096
Profit Loss				1 557 777	745 932	1 965 711	92 893	349 188
Profit Loss On Ordinary Activities Before Tax	1 380 256	1 482 482				1 398 223	92 869	446 953
Property Plant Equipment Gross Cost				107 198	110 338	110 338	110 338	115 660
Provisions For Liabilities Balance Sheet Subtotal				408 111	435 678	106 847	75 769
Purchase Property Plant Equipment					-3 140			-5 322
Social Security Costs				293 149	358 385	370 376	330 380	288 505
Staff Costs Employee Benefits Expense				2 871 220	3 414 687	3 479 785	3 167 587	2 707 850
Taxation Including Deferred Taxation Balance Sheet Subtotal				2 895	1 559	847	823	1 156
Tax Decrease From Utilisation Tax Losses								1 794
Tax Expense Credit Applicable Tax Rate						265 662	17 645	84 921
Tax Increase Decrease From Effect Capital Allowances Depreciation								-1 011
Tax Increase Decrease From Effect Different U K Tax Rates On Some Earnings				-151
Tax Increase Decrease From Effect Expenses Not Deductible In Determining Taxable Profit Or Loss				3 453	7 346	6 076	10 033	15 316
Tax Tax Credit On Profit Or Loss On Ordinary Activities				387 706	184 041	-567 488	-24	97 765
Total Assets Less Current Liabilities	5 027 677	6 417 753	5 178 491	7 258 365	4 031 864	5 668 744	2 730 559	3 024 597
Total Current Tax Expense Credit				386 130	185 377	-566 776
Total Increase Decrease In Provisions							31 054	55 483
Trade Creditors Trade Payables				3 116 007	3 276 297	3 382 203	2 302 666	1 683 446
Trade Debtors Trade Receivables				445 080	612 199	547 022	318 678	1 080 909
Turnover Revenue				24 082 005	20 445 997	21 891 758	16 557 641	10 900 858
Wages Salaries				2 488 557	2 955 938	3 002 533	2 735 752
Company Contributions To Defined Benefit Plans Directors				15 000	21 843	21 920	16 425	32 480
Director Remuneration						654 701	439 729	380 198
Director Remuneration Benefits Including Payments To Third Parties						676 621	456 154	412 678
Accruals Deferred Income Within One Year	50 000
Capital Redemption Reserve	334	334	334
Corporation Tax Due Within One Year	376 638	369 805	47 951
Creditors Due Within One Year	2 070 366	3 983 656	2 727 656
Debtors Due Within One Year	3 562 581	4 742 483	4 563 530
Deferred Tax Liability	3 718	2 897	1 319
Depreciation Tangible Fixed Assets Expense	10 812	9 039	6 284
Fixed Assets	898 100	915 844	926 783
Foreign Exchange Gain Loss Recognised In Profit Loss	-2 031	444
Gain Loss From Disposal Fixed Assets	-22 396
Gross Profit Loss	2 202 796	2 175 919
Investments Fixed Assets	858 524	883 975	905 570
Number Shares Allotted		1 000	1 000
Other Creditors Due Within One Year	388 190	624 599	756 935
Other Interest Receivable Similar Income	26 688	23 857
Other Operating Income	80 811	141 335
Other Taxation Social Security Within One Year	28 714	66 478	37 502
Payments Received On Account Within One Year	572
Pension Costs	13 600	25 508
Profit Loss For Period	1 024 177	1 124 486
Provisions Due Between One Two Years		-1 430 237	255 000
Provisions For Liabilities Charges	1 418 826	1 684 416	256 319
Share Capital Allotted Called Up Paid	1 000	1 000	1 000
Tangible Fixed Assets Additions		1 332
Tangible Fixed Assets Cost Or Valuation	132 712	134 044	106 153
Tangible Fixed Assets Depreciation	93 136	102 175	84 940
Tangible Fixed Assets Depreciation Charged In Period		716	537
Tangible Fixed Assets Depreciation Decrease Increase On Disposals			23 519
Tangible Fixed Assets Disposals			27 891
Tax On Profit Or Loss On Ordinary Activities	356 079	357 996
Total Reserves	3 607 851	4 732 337	4 921 172
Trade Creditors Within One Year	866 230	2 310 934	1 130 866
Turnover Gross Operating Revenue	7 363 992	16 459 589
U K Current Corporation Tax	363 693	358 817
U K Deferred Tax	-7 614	-821
V A T Current Asset	61 631
V A T Due Total Creditors		62 531	23 468
Work In Progress	81 202	445 425	725 662
Advances Credits Directors	1 648 677	1 696 599	1 662 463
Advances Credits Made In Period Directors	151 780	147 922
Advances Credits Repaid In Period Directors	100 000	100 000
Director Remuneration Benefits Excluding Payments To Third Parties	133 600	143 600	155 600