OLD WESTMILL LTD

Executive Summary

OLD WESTMILL LTD operates as a small niche player in the UK electrical installation sector, characterized by fluctuating working capital and a recent negative net asset position. While the sector benefits from increasing demand for energy-efficient and renewable electrical solutions, the company’s limited scale and financial constraints pose challenges against typical micro-entity peers. Strengthening liquidity and capital will be critical for maintaining competitiveness amid evolving market dynamics.

OLD WESTMILL LTD - Analysis Report

Company Number: 13441541

Analysis Date: 2025-07-20 16:29 UTC

1. Industry Classification
   OLD WESTMILL LTD operates in the electrical installation sector, classified under SIC code 43210. This sector encompasses businesses involved in installing wiring, electrical systems, and related equipment in buildings and infrastructure. Typically, companies in this sector range from sole traders and micro-enterprises to large contractors working on commercial and residential projects. The industry is capital intensive with a focus on skilled labor and compliance with safety and regulatory standards. Demand in this sector is closely tied to construction activity, property development, and infrastructure projects.

2. Relative Performance
   OLD WESTMILL LTD is categorized as a micro-entity, reflecting its very small scale with limited financial disclosures and a minimal workforce (2 employees). The company’s latest financials to June 2024 show current liabilities exceeding current assets by £6,502, resulting in negative shareholders’ funds. This contrasts with its previous years (2021-2023), where it maintained modest positive net current assets and shareholders’ funds around £1,400 to £2,471. Compared to typical micro-sized electrical installation firms, this recent financial weakening is a negative deviation; many micro-entities in this sector maintain at least break-even working capital due to the project-based nature of cash flows. However, as a very small company, fluctuations in working capital can be more pronounced than in larger peers.

3. Sector Trends Impact
   The electrical installation sector is currently influenced by several trends:

• Increased demand for energy-efficient and smart building systems, driving a need for specialized electrical installations.
• Growing emphasis on renewable energy infrastructure, including EV charging stations, solar panel wiring, and battery storage integration.
• Supply chain pressures and rising costs for electrical components affecting project margins.
• Workforce shortages, especially of qualified electricians, which can constrain capacity and increase labor costs.
• Regulatory tightening around safety and environmental standards requiring ongoing investment in training and equipment.

For OLD WESTMILL LTD, these trends represent both opportunities and risks. The company’s small size may limit its ability to invest in new technologies or absorb cost pressures, potentially impacting competitiveness. On the other hand, niche specialization or local client relationships could provide resilience.

4. Competitive Positioning
   OLD WESTMILL LTD appears to be a niche player within the electrical installation sector, given its micro-entity status and London base. It is not positioned as a market leader or large-scale contractor which dominate major commercial contracts. Strengths may include agility, close client relationships, and lower overheads. However, weaknesses are evident in its recent negative net assets position and limited scale, which restrict bargaining power with suppliers and ability to undertake larger or multiple simultaneous projects. The company’s financials suggest a need for improved working capital management and possibly capital injection to ensure sustainable operations. Compared to typical micro-sized competitors who maintain positive equity and stable liquidity, OLD WESTMILL LTD’s current financial position may impair its competitive stance.