WESTMINSTER FRANCE MANAGEMENT : revenue, balance sheet and financial ratios

WESTMINSTER FRANCE MANAGEMENT is a French company founded 27 years ago, specialized in the sector Hôtels et hébergement similaire . Based in NICE (06000), this company of category PME shows in 2024 a revenue of 10.3 M€. Find below the complete financial statements, solvency ratios, working capital requirements and sector comparison.

Data updated on 2026-05-09

Sources : INPI & INSEE SIRENE - Processing : Ministry of Economy

Financial history - WESTMINSTER FRANCE MANAGEMENT (SIREN 420793069)
Indicator 2024 2023 2022 2021 2020 2019 2018 2017 2016
Revenue 10 258 093 € 9 735 848 € 8 546 503 € 4 543 006 € 3 094 697 € 7 940 409 € 7 835 574 € 7 728 289 € 6 855 513 €
Net income 879 256 € 759 123 € 552 581 € -774 184 € -2 407 714 € -385 292 € -925 971 € -1 168 675 € -1 655 052 €
EBITDA 1 637 489 € 1 448 422 € 968 104 € -231 756 € -1 896 857 € 131 903 € -192 387 € -384 435 € -841 254 €
Net margin 8.6% 7.8% 6.5% -17.0% -77.8% -4.9% -11.8% -15.1% -24.1%

Revenue and income statement

In 2024, WESTMINSTER FRANCE MANAGEMENT achieves revenue of 10.3 M€. Over the period 2016-2024, the company shows strong growth with a CAGR (compound annual growth rate) of +5.2%. Vs 2023: +5%. After deducting consumption (792 k€), gross margin stands at 9.5 M€, i.e. a rate of 92%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 1.6 M€, representing 16.0% of revenue. This high EBITDA margin provides strong self-financing capacity and resilience to uncertainties. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 879 k€, i.e. 8.6% of revenue. This profit can be retained or distributed to shareholders.

Revenue (2024) ?
Revenue
Definition
Total amount of sales of goods and services made by the company.
Formula
Sales of goods + Sold production

10 258 093 €

Gross margin (2024) ?
Gross margin
Definition
Difference between revenue and cost of goods sold.
Formula
Revenue - Cost of goods consumed

9 465 814 €

EBITDA (2024) ?
Gross Operating Surplus (EBITDA)
Definition
Resources generated by current operations, before depreciation and financial expenses.
Formula
Value added - Personnel expenses - Taxes
Interpretation
Positive = profitable activity

1 637 489 €

EBIT (2024) ?
EBIT (Operating Income)
Definition
Operating income, including depreciation and provisions.
Formula
EBITDA - Depreciation and provisions + Reversals

1 232 919 €

Net income (2024) ?
Net income
Definition
Profit or loss after all expenses, including taxes and exceptional items.
Formula
Current income + Exceptional income - Income tax

879 256 €

EBITDA margin (2024) ?
EBITDA margin
Definition
Measures the company's operating profitability.
Formula
(EBE / CA) x 100
Interpretation
> 10% : Good profitability
5-10% : Average
< 5% : Low

15.9%

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Chart evolution

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Assets

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Liabilities

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Solvency and debt ratios

The debt ratio (= Financial debt / Equity x 100) stands at 99%. Debt level is high: negotiating margin with banks is reduced. Financial autonomy (= Equity / Total assets x 100) reaches 29%. The balance between equity and debt is satisfactory. Debt repayment capacity (= Financial debt / Cash flow) indicates it would take 2.5 years of cash flow to repay all financial debt. This short period demonstrates excellent debt sustainability. Cash flow represents 13.7% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment. This high level provides strong self-financing capacity.

Debt ratio (2024) ?
Debt ratio
Definition
Measures the proportion of debt to equity.
Formula
(Financial debt / Equity) x 100
Interpretation
< 50% : Low
50-100% : Moderate
> 100% : High

99.277%

Financial autonomy (2024) ?
Financial autonomy
Definition
Share of equity in the company's total financing.
Formula
(Equity / Total assets) x 100
Interpretation
> 30% : Good autonomy
20-30% : Average
< 20% : Low

29.453%

Cash flow / Revenue (2024) ?
Cash flow / Revenue
Definition
Self-financing capacity relative to revenue.
Formula
(CAF / CA) x 100
Interpretation
The higher the ratio, the more cash the company generates

13.738%

Repayment capacity (2024) ?
Repayment capacity
Definition
Number of years needed to repay debts with cash flow.
Formula
Financial debt / Cash flow
Interpretation
< 3 years : Excellent
3-5 years : Fair
> 5 years : Warning

2.473

Asset age ratio (2024) ?
Asset age ratio
Definition
Measures the degree of wear of tangible assets.
Formula
Accumulated depreciation / Gross fixed assets x 100
Interpretation
< 50% : Recent assets
50-70% : Normal wear
> 70% : Aging assets

27.4%

Solvency indicators evolution
WESTMINSTER FRANCE MANAGEMENT

Sector positioning

Debt ratio
99.28 2024
2022
2023
2024
Q1: 0.0
Med: 27.86
Q3: 134.48
Average -8 pts over 3 years

In 2024, the debt ratio of WESTMINSTER FRANCE MANAGE... (99.28) ranks above the median of the sector. This ratio measures the weight of debt relative to equity. A reduction effort could improve financial strength.

Financial autonomy
29.45% 2024
2022
2023
2024
Q1: 2.15%
Med: 30.4%
Q3: 60.1%
Average +8 pts over 3 years

In 2024, the financial autonomy of WESTMINSTER FRANCE MANAGE... (29.4%) ranks below the median of the sector. This ratio represents the share of equity in total financing. An improvement would strengthen the competitive position.

Repayment capacity
2.47 years 2024
2022
2023
2024
Q1: -0.07 years
Med: 0.73 years
Q3: 4.74 years
Average -12 pts over 3 years

In 2024, the repayment capacity of WESTMINSTER FRANCE MANAGE... (2.47) ranks above the median of the sector. This ratio indicates the number of years needed to repay debt with cash flow. A reduction effort could improve financial strength.

Liquidity ratios

The liquidity ratio (= Current assets / Current liabilities) stands at 58.02. Concretely, the company has €2 of liquid assets for every €1 of short-term debt: no cash risk within 12 months. The interest coverage ratio (= EBIT / Interest expenses) is 17.5x. Operating income very largely covers interest expenses: high safety margin.

Liquidity ratio (2024) ?
Liquidity ratio
Definition
Ability to meet short-term debts with current assets.
Formula
Current assets / Current liabilities
Interpretation
> 1.5 : Very good
1-1.5 : Fair
< 1 : Liquidity risk

58.019

Interest coverage (2024) ?
Interest coverage
Definition
Ability to cover interest charges with operating income.
Formula
EBIT / Interest expenses
Interpretation
> 3 : Comfortable
1.5-3 : Acceptable
< 1.5 : Risk

17.478

Liquidity indicators evolution
WESTMINSTER FRANCE MANAGEMENT

Sector positioning

Liquidity ratio
58.02 2024
2022
2023
2024
Q1: 68.47
Med: 157.0
Q3: 342.55
Average

In 2024, the liquidity ratio of WESTMINSTER FRANCE MANAGE... (58.02) ranks below the median of the sector. This ratio measures the ability to cover short-term debt with current assets. An improvement would strengthen the competitive position.

Interest coverage
17.48x 2024
2022
2023
2024
Q1: 0.0x
Med: 1.5x
Q3: 11.71x
Excellent

In 2024, the interest coverage of WESTMINSTER FRANCE MANAGE... (17.5x) ranks in the top 25% of the sector. This ratio indicates how many times operating income covers interest expenses. High coverage means financial charges weigh little on profitability.

Working capital requirement (WCR) and payment terms

Working capital requirement (WCR) measures the cash timing gap between customer collections and supplier/inventory payments. Average customer payment term: 4 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 186 days. Excellent situation: suppliers finance 182 days of the operating cycle (retail model). Inventory turnover is 3 days (= Average inventory / Cost of goods x 360). Fast turnover, sign of good inventory management. WCR is negative (-64 days): operations structurally generate cash. Notable WCR improvement over the period (-79%), freeing up cash.

Operating WCR (2024) ?
Operating WCR
Definition
Financing requirement generated by the operating cycle (inventory + receivables - trade payables).
Formula
Inventory + Customer receivables - Trade payables
Interpretation
Negative = cash released
Positive = financing needed

-1 825 120 €

Customer credit (2024) ?
Customer credit (days)
Definition
Average payment term granted to customers.
Formula
(Customer receivables / Revenue incl. VAT) x 360
Interpretation
< 45j : Good
45-60j : Average
> 60j : Long

4 j

Supplier credit (2024) ?
Supplier credit (days)
Definition
Average payment term obtained from suppliers.
Formula
(Trade payables / Purchases incl. VAT) x 360
Interpretation
The longer the term, the better for cash flow

186 j

Inventory turnover (2024) ?
Inventory turnover (days)
Definition
Average storage duration for goods or materials.
Formula
(Inventory / Cost of goods) x 360
Interpretation
The lower the ratio, the faster the turnover

3 j

WCR in days of revenue (2024) ?
WCR in days of revenue
Definition
Expresses working capital requirement in days of revenue.
Formula
(Operating WCR / Revenue) x 360
Interpretation
The fewer days, the better the working capital management

-64 j

WCR and payment terms evolution
WESTMINSTER FRANCE MANAGEMENT

Positioning of WESTMINSTER FRANCE MANAGEMENT in its sector

Comparison with sector Hôtels et hébergement similaire

Valuation estimate

Based on 99 transactions of similar company sales in 2024, the value of WESTMINSTER FRANCE MANAGEMENT is estimated at 6 301 295 € (range 2 121 287€ - 12 151 652€). With an EBITDA of 1 637 489€, the sector multiple of 4.8x is applied. The price/revenue ratio is 0.54x (in line with sector norms). This multiples method compares the actual sale price of similar companies to their financial indicators (Revenue, EBITDA, Net Income). It provides a market-based indicative estimate.
Medium reliability: estimate to be confirmed with in-depth analysis.

Estimated enterprise value 2024
99 tx
2121k€ 6301k€ 12151k€
6 301 295 € Range: 2 121 287€ - 12 151 652€
NAF 5 année 2024

Valuation detail by method

Ajustez les pondérations selon votre analyse

EBITDA Multiple 50%
1 637 489 € × 4.8x
Estimation 7 818 657 €
1 826 909€ - 13 466 192€
Revenue Multiple 30%
10 258 093 € × 0.54x
Estimation 5 572 960 €
2 771 603€ - 12 772 238€
Net Income Multiple 20%
879 256 € × 4.1x
Estimation 3 600 393 €
1 881 760€ - 7 934 425€

Valuation evolution

How is this estimate calculated?

This estimate is based on the analysis of 99 actual transactions of similar company sales (same NAF code) registered with BODACC between 2016 and 2025.

  • EBITDA Multiple: Preferred method for profitable SMEs. EBITDA reflects the ability to generate cash.
  • Revenue Multiple: Used for growing companies or those with low profitability. Reflects commercial potential.
  • Net Income Multiple: Relevant for mature companies with stable results.

This estimate is provided for information purposes only. A precise valuation requires in-depth analysis (assets, liabilities, prospects, market...).

Similar companies (Hôtels et hébergement similaire )

Compare WESTMINSTER FRANCE MANAGEMENT with other companies in the same sector:

Voir toutes les statistiques du secteur Hôtels et hébergement similaire

Frequently asked questions about WESTMINSTER FRANCE MANAGEMENT

What is the revenue of WESTMINSTER FRANCE MANAGEMENT ?

The revenue of WESTMINSTER FRANCE MANAGEMENT in 2024 is 10.3 M€.

Is WESTMINSTER FRANCE MANAGEMENT profitable?

Yes, WESTMINSTER FRANCE MANAGEMENT generated a net profit of 879 k€ in 2024.

Where is the headquarters of WESTMINSTER FRANCE MANAGEMENT ?

The headquarters of WESTMINSTER FRANCE MANAGEMENT is located in NICE (06000), in the department Alpes-Maritimes.

Where to find the tax return of WESTMINSTER FRANCE MANAGEMENT ?

The tax return of WESTMINSTER FRANCE MANAGEMENT is available on this page. Click on a year in the 'Data by year' section to view the account details (assets, liabilities, income statement). Data comes from INPI (National Institute of Industrial Property).

In which sector does WESTMINSTER FRANCE MANAGEMENT operate?

WESTMINSTER FRANCE MANAGEMENT operates in the sector Hôtels et hébergement similaire (NAF code 55.10Z). See the 'Sector positioning' section above to compare the company with its competitors.