e.a. developments limited

e.a. developments limited Company Information

Share E.A. DEVELOPMENTS LIMITED
Live 
MatureSmallDeclining

Company Number

00623685

Industry

Development of building projects

 

Shareholders

daniel christopher absalom

rosie elizabeth absalom

Group Structure

View All

Contact

Registered Address

3rd floor 114a cromwell road, london, SW7 4AG

e.a. developments limited Estimated Valuation

£895.4k

Pomanda estimates the enterprise value of E.A. DEVELOPMENTS LIMITED at £895.4k based on a Turnover of £1.8m and 0.51x industry multiple (adjusted for size and gross margin).

e.a. developments limited Estimated Valuation

£1.4m

Pomanda estimates the enterprise value of E.A. DEVELOPMENTS LIMITED at £1.4m based on an EBITDA of £375.3k and a 3.85x industry multiple (adjusted for size and gross margin).

e.a. developments limited Estimated Valuation

£1.7m

Pomanda estimates the enterprise value of E.A. DEVELOPMENTS LIMITED at £1.7m based on Net Assets of £1.2m and 1.49x industry multiple (adjusted for liquidity).

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E.a. Developments Limited Overview

E.a. Developments Limited is a live company located in london, SW7 4AG with a Companies House number of 00623685. It operates in the development of building projects sector, SIC Code 41100. Founded in March 1959, it's largest shareholder is daniel christopher absalom with a 50% stake. E.a. Developments Limited is a mature, small sized company, Pomanda has estimated its turnover at £1.8m with declining growth in recent years.

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E.a. Developments Limited Health Check

Pomanda's financial health check has awarded E.A. Developments Limited a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 3 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating4.5out of 5
positive_score

3 Strong

positive_score

4 Regular

positive_score

3 Weak

size

Size

annual sales of £1.8m, make it smaller than the average company (£2.4m)

£1.8m - E.a. Developments Limited

£2.4m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -30%, show it is growing at a slower rate (5.6%)

-30% - E.a. Developments Limited

5.6% - Industry AVG

production

Production

with a gross margin of 26.1%, this company has a comparable cost of product (26.1%)

26.1% - E.a. Developments Limited

26.1% - Industry AVG

profitability

Profitability

an operating margin of 20.5% make it more profitable than the average company (8%)

20.5% - E.a. Developments Limited

8% - Industry AVG

employees

Employees

with 6 employees, this is similar to the industry average (6)

6 - E.a. Developments Limited

6 - Industry AVG

paystructure

Pay Structure

on an average salary of £48.5k, the company has an equivalent pay structure (£48.5k)

£48.5k - E.a. Developments Limited

£48.5k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £294.8k, this is equally as efficient (£287.9k)

£294.8k - E.a. Developments Limited

£287.9k - Industry AVG

debtordays

Debtor Days

There is insufficient data available for this Key Performance Indicator!

- - E.a. Developments Limited

- - Industry AVG

creditordays

Creditor Days

There is insufficient data available for this Key Performance Indicator!

- - E.a. Developments Limited

- - Industry AVG

stockdays

Stock Days

it holds stock equivalent to 424 days, this is more than average (221 days)

424 days - E.a. Developments Limited

221 days - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 31 weeks, this is more cash available to meet short term requirements (11 weeks)

31 weeks - E.a. Developments Limited

11 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 49.2%, this is a lower level of debt than the average (74.5%)

49.2% - E.a. Developments Limited

74.5% - Industry AVG

E.A. DEVELOPMENTS LIMITED financials

EXPORTms excel logo

E.A. Developments Limited's latest turnover from March 2024 is estimated at £1.8 million and the company has net assets of £1.2 million. According to their latest financial statements, E.A. Developments Limited has 6 employees and maintains cash reserves of £696.9 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Turnover1,768,648679,001295,6235,123,2536,225,7203,270,288222,272234,277247,105000000
Other Income Or Grants000000000000000
Cost Of Sales1,306,813503,811225,5413,919,9894,602,9352,360,757158,044162,744171,054000000
Gross Profit461,836175,18970,0821,203,2641,622,785909,53164,22971,53376,051000000
Admin Expenses99,058-5,47290,887323,6951,643,938910,44964,22970,902-10,897000000
Operating Profit362,778180,661-20,805879,569-21,153-918063186,948000000
Interest Payable10,7829,8240000000000000
Interest Receivable31,39014,249644000000000000
Pre-Tax Profit383,385185,086-20,161879,569-21,153-918063186,948000000
Tax-95,846-35,1660-167,118000-126-17,389000000
Profit After Tax287,539149,920-20,161712,451-21,153-918050569,558000000
Dividends Paid000000000000000
Retained Profit287,539149,920-20,161712,451-21,153-918050569,558000000
Employee Costs290,747138,99290,078875,9871,010,234564,16142,25341,62840,012000000
Number Of Employees632202313111000000
EBITDA*375,251180,661-20,805879,569-21,153-918063186,948000000

* Earnings Before Interest, Tax, Depreciation and Amortisation

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Tangible Assets49,89400035,45635,45635,45600000000
Intangible Assets000000000000000
Investments & Other000000035,45635,456000000
Debtors (Due After 1 year)000000000000000
Total Fixed Assets49,89400035,45635,45635,45635,45635,456000000
Stock & work in progress1,518,9891,149,606549,220000000000000
Trade Debtors016,13834,882838,370709,862316,59934,64434,64434,644000000
Group Debtors000000000000000
Misc Debtors51,72037,0029,345000000000000
Cash696,880498,915171,614000000000000
misc current assets000000000000000
total current assets2,267,5891,701,661765,061838,370709,862316,59934,64434,64434,644000000
total assets2,317,4831,701,661765,061838,370745,318352,05570,10070,10070,100000000
Bank overdraft000000000000000
Bank loan0191,6830000000000000
Trade Creditors 002,42477,927333,810282,910373737000000
Group/Directors Accounts000000000000000
other short term finances000000000000000
hp & lease commitments000000000000000
other current liabilities1,139,238619,27221,850000000000000
total current liabilities1,139,238810,95524,27477,927333,810282,910373737000000
loans000000000000000
hp & lease commitments000000000000000
Accruals and Deferred Income000000000000000
other liabilities0000363,5160000000000
provisions000000000000000
total long term liabilities0000363,5160000000000
total liabilities1,139,238810,95524,27477,927697,326282,910373737000000
net assets1,178,245890,706740,787760,44347,99269,14570,06370,06370,063000000
total shareholders funds1,178,245890,706740,787760,44347,99269,14570,06370,06370,063000000
Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Operating Activities
Operating Profit362,778180,661-20,805879,569-21,153-918063186,948000000
Depreciation12,47300000000000000
Amortisation000000000000000
Tax-95,846-35,1660-167,118000-126-17,389000000
Stock369,383600,386549,220000000000000
Debtors-1,4208,913-794,143128,508393,263281,9550034,644000000
Creditors0-2,424-75,503-255,88350,900282,8730037000000
Accruals and Deferred Income519,966597,42221,850000000000000
Deferred Taxes & Provisions000000000000000
Cash flow from operations431,408131,194170,465328,060-363,5160050534,952000000
Investing Activities
capital expenditure-62,3670035,45600-35,45600000000
Change in Investments000000-35,456035,456000000
cash flow from investments-62,3670035,4560000-35,456000000
Financing Activities
Bank loans-191,683191,6830000000000000
Group/Directors Accounts000000000000000
Other Short Term Loans 000000000000000
Long term loans000000000000000
Hire Purchase and Lease Commitments000000000000000
other long term liabilities000-363,516363,5160000000000
share issue0-15050000-505505000000
interest20,6084,425644000000000000
cash flow from financing-171,075196,1071,149-363,516363,51600-505505000000
cash and cash equivalents
cash197,965327,301171,614000000000000
overdraft000000000000000
change in cash197,965327,301171,614000000000000

e.a. developments limited Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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E.a. Developments Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for e.a. developments limited by selecting its closest rivals, whether from the CONSTRUCTION sector, other small companies, companies in SW7 area or any other competitors across 12 key performance metrics.

e.a. developments limited Ownership

E.A. DEVELOPMENTS LIMITED group structure

E.A. Developments Limited has no subsidiary companies.

Ultimate parent company

E.A. DEVELOPMENTS LIMITED

00623685

E.A. DEVELOPMENTS LIMITED Shareholders

daniel christopher absalom 50%
rosie elizabeth absalom 50%

e.a. developments limited directors

E.A. Developments Limited currently has 2 directors. The longest serving directors include Ms Rosie Absalom (Nov 2018) and Mr Daniel Absalom (Nov 2018).

officercountryagestartendrole
Ms Rosie AbsalomEngland30 years Nov 2018- Director
Mr Daniel AbsalomEngland32 years Nov 2018- Director

P&L

March 2024

turnover

1.8m

+160%

operating profit

362.8k

0%

gross margin

26.2%

+1.21%

turnover

Turnover, or revenue, is the amount of sales generated by a company within the financial year.

Balance Sheet

March 2024

net assets

1.2m

+0.32%

total assets

2.3m

+0.36%

cash

696.9k

+0.4%

net assets

Total assets minus all liabilities

e.a. developments limited company details

company number

00623685

Type

Private limited with Share Capital

industry

41100 - Development of building projects

incorporation date

March 1959

age

65

incorporated

UK

ultimate parent company

None

accounts

Total Exemption Full

last accounts submitted

March 2024

previous names

N/A

accountant

-

auditor

-

address

3rd floor 114a cromwell road, london, SW7 4AG

Bank

-

Legal Advisor

-

e.a. developments limited Charges & Mortgages

A charge, or mortgage, refers to the rights a company gives to a lender in return for a loan, often in the form of security given over business assets.

We found 6 charges/mortgages relating to e.a. developments limited. Currently there are 4 open charges and 2 have been satisfied in the past.

charges

e.a. developments limited Companies House Filings - See Documents

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