clancy developments limited
clancy developments limited Company Information
Company Number
00763197
Website
clancydevelopments.comRegistered Address
clare house coppermill lane, harefield, uxbridge, middlesex,, UB9 6HZ
Industry
Construction of domestic buildings
Telephone
01895823711
Next Accounts Due
January 2025
Group Structure
View All
Shareholders
clancy group ltd 100%
clancy developments limited Estimated Valuation
The estimated valuation range for clancy developments limited, derived from financial data as of April 2023 and the most recent industry multiples, is between £0 to £482.5k
clancy developments limited Estimated Valuation
The estimated valuation range for clancy developments limited, derived from financial data as of April 2023 and the most recent industry multiples, is between £0 to £482.5k
clancy developments limited Estimated Valuation
The estimated valuation range for clancy developments limited, derived from financial data as of April 2023 and the most recent industry multiples, is between £0 to £482.5k
Get a detailed valuation report, edit figures and unlock valuation multiples.
Clancy Developments Limited AI Business Plan
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Clancy Developments Limited Overview
Clancy Developments Limited is a live company located in middlesex,, UB9 6HZ with a Companies House number of 00763197. It operates in the construction of domestic buildings sector, SIC Code 41202. Founded in June 1963, it's largest shareholder is clancy group ltd with a 100% stake. Clancy Developments Limited is a mature, small sized company, Pomanda has estimated its turnover at £1.7m with declining growth in recent years.
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Clancy Developments Limited Health Check
Pomanda's financial health check has awarded Clancy Developments Limited a 2.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 8 areas for improvement. Company Health Check FAQs
3 Strong
1 Regular
8 Weak
Size
annual sales of £1.7m, make it larger than the average company (£449.4k)
£1.7m - Clancy Developments Limited
£449.4k - Industry AVG
Growth
3 year (CAGR) sales growth of -7%, show it is growing at a slower rate (6.9%)
-7% - Clancy Developments Limited
6.9% - Industry AVG
Production
with a gross margin of 6.9%, this company has a higher cost of product (21.5%)
6.9% - Clancy Developments Limited
21.5% - Industry AVG
Profitability
an operating margin of -9.6% make it less profitable than the average company (6.3%)
-9.6% - Clancy Developments Limited
6.3% - Industry AVG
Employees
with 1 employees, this is below the industry average (3)
1 - Clancy Developments Limited
3 - Industry AVG
Pay Structure
on an average salary of £43.2k, the company has an equivalent pay structure (£43.2k)
- Clancy Developments Limited
£43.2k - Industry AVG
Efficiency
resulting in sales per employee of £1.7m, this is more efficient (£189.9k)
£1.7m - Clancy Developments Limited
£189.9k - Industry AVG
Debtor Days
it gets paid by customers after 1 days, this is earlier than average (24 days)
1 days - Clancy Developments Limited
24 days - Industry AVG
Creditor Days
its suppliers are paid after 5 days, this is quicker than average (29 days)
5 days - Clancy Developments Limited
29 days - Industry AVG
Stock Days
it holds stock equivalent to 634 days, this is more than average (291 days)
634 days - Clancy Developments Limited
291 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (15 weeks)
0 weeks - Clancy Developments Limited
15 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 147.9%, this is a higher level of debt than the average (70.3%)
147.9% - Clancy Developments Limited
70.3% - Industry AVG
clancy developments limited Credit Report and Business Information
Clancy Developments Limited Competitor Analysis
Perform a competitor analysis for clancy developments limited by selecting its closest rivals and benchmarking them against 12 key performance metrics.
clancy developments limited Ownership
CLANCY DEVELOPMENTS LIMITED group structure
Clancy Developments Limited has 1 subsidiary company.
Ultimate parent company
2 parents
CLANCY DEVELOPMENTS LIMITED
00763197
1 subsidiary
clancy developments limited directors
Clancy Developments Limited currently has 2 directors. The longest serving directors include Mr Kevin Clancy (Sep 1991) and Mr Matthew Cannon (Feb 2019).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Kevin Clancy | 74 years | Sep 1991 | - | Director | |
| Mr Matthew Cannon | United Kingdom | 44 years | Feb 2019 | - | Director |
CLANCY DEVELOPMENTS LIMITED financials
Clancy Developments Limited's latest turnover from April 2023 is £1.7 million and the company has net assets of -£1.3 million. According to their latest financial statements, Clancy Developments Limited has 1 employee and maintains cash reserves of £53 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Apr 2023 | Apr 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 1,672,000 | 2,452,000 | 3,002,000 | 2,094,000 | 3,280,960 | 5,558,078 | 4,378,461 | 2,115,580 | 3,389,723 | 6,976,386 | 4,628,730 | 483,012 | 1,425,895 | 1,715,086 |
| Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cost Of Sales | 1,557,000 | 2,633,000 | 3,875,000 | 2,379,000 | 3,564,416 | 5,413,934 | 4,047,224 | 1,955,487 | 3,056,306 | 6,695,994 | 4,563,289 | 388,630 | 1,319,000 | 1,621,329 |
| Gross Profit | 115,000 | -181,000 | -873,000 | -285,000 | -283,456 | 144,144 | 331,237 | 160,093 | 333,417 | 280,392 | 65,441 | 94,382 | 106,895 | 93,757 |
| Admin Expenses | 276,000 | 259,000 | -1,282,000 | 91,000 | 214,267 | 142,736 | 108,964 | 102,025 | 143,321 | 192,148 | 20,427 | 218,019 | 461,414 | -198,455 |
| Operating Profit | -161,000 | -440,000 | 409,000 | -376,000 | -497,723 | 1,408 | 222,273 | 58,068 | 190,096 | 88,244 | 45,014 | -123,637 | -354,519 | 292,212 |
| Interest Payable | 0 | 0 | 15,000 | 126,000 | 160,032 | 144,033 | 107,034 | 54,822 | 136,641 | 128,494 | 161,977 | 152,392 | 95,555 | 91,324 |
| Interest Receivable | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 39 | 0 |
| Pre-Tax Profit | -161,000 | -440,000 | 394,000 | -502,000 | -657,607 | -142,625 | 115,239 | 3,246 | 53,455 | 42,175 | -61,138 | -216,894 | -372,594 | 286,348 |
| Tax | -11,000 | -16,000 | 0 | 0 | 22,499 | 0 | -23,048 | -700 | -11,291 | -8,889 | 61,489 | 108,392 | 102,043 | 313,652 |
| Profit After Tax | -172,000 | -456,000 | 394,000 | -502,000 | -635,108 | -142,625 | 92,191 | 2,546 | 42,164 | 33,286 | 351 | -108,502 | -270,551 | 600,000 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Retained Profit | -172,000 | -456,000 | 394,000 | -502,000 | -635,108 | -142,625 | 92,191 | 2,546 | 42,164 | 33,286 | 351 | -108,502 | -270,551 | 600,000 |
| Employee Costs | 919,370 | 651,471 | 346,767 | 534,572 | 583,162 | 533,304 | 459,884 | 240,949 | ||||||
| Number Of Employees | 1 | 1 | 1 | 5 | 19 | 20 | 17 | 10 | 10 | 10 | 11 | 15 | 10 | 8 |
| EBITDA* | -161,000 | -440,000 | 409,000 | -376,000 | -497,723 | 1,408 | 222,273 | 58,068 | 190,096 | 88,244 | 45,014 | -123,637 | -354,519 | 292,212 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Apr 2023 | Apr 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 0 | 0 | 0 | 0 | 1 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 1 | 1 | 1 | 1 | 1 | 1 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 0 | 0 | 0 | 0 | 1 | 1 | 1 | 1 | 1 | 1 | 0 | 0 | 0 | 0 |
| Stock & work in progress | 2,705,000 | 3,462,000 | 5,817,000 | 9,417,000 | 10,853,032 | 10,858,292 | 11,930,212 | 11,587,680 | 6,691,417 | 6,970,101 | 11,576,596 | 12,434,187 | 8,085,977 | 6,307,363 |
| Trade Debtors | 5,000 | 0 | 1,000 | 222,000 | 0 | 1,432,483 | 0 | 2,356 | 71,600 | 321,810 | 51,422 | 0 | 0 | 0 |
| Group Debtors | 0 | 2,000 | 52,000 | 0 | 0 | 0 | 12,884 | 207,954 | 566,824 | 200,000 | 6,584,185 | 6,330,870 | 2,887,822 | 471,655 |
| Misc Debtors | 0 | 4,000 | 0 | 7,000 | 7,361 | 6,963 | 7,550 | 29,365 | 7,766 | 3,972 | 0 | 2,184 | 6,098 | 57,812 |
| Cash | 53,000 | 42,000 | 47,000 | 12,000 | 2,869 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 2,763,000 | 3,510,000 | 5,917,000 | 9,658,000 | 10,863,262 | 12,297,738 | 11,950,646 | 11,827,355 | 7,337,607 | 7,495,883 | 18,212,203 | 18,767,241 | 10,979,897 | 6,836,830 |
| total assets | 2,763,000 | 3,510,000 | 5,917,000 | 9,658,000 | 10,863,263 | 12,297,739 | 11,950,647 | 11,827,356 | 7,337,608 | 7,495,884 | 18,212,203 | 18,767,241 | 10,979,897 | 6,836,830 |
| Bank overdraft | 0 | 0 | 0 | 0 | 5,374,786 | 11,806,857 | 11,283,632 | 11,268,187 | 5,598,205 | 6,992,146 | 6,751,595 | 6,250,241 | 5,605,925 | 3,200,764 |
| Bank loan | 0 | 0 | 0 | 2,250,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 22,000 | 4,000 | 12,000 | 11,000 | 306,987 | 199,088 | 220,030 | 299,616 | 210,136 | 78,423 | 442,554 | 271,669 | 101,783 | 88,160 |
| Group/Directors Accounts | 4,014,000 | 4,573,000 | 0 | 0 | 0 | 0 | 108,431 | 55,956 | 1,340,687 | 246,384 | 10,896,452 | 12,079,376 | 4,986,151 | 3,029,322 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 49,000 | 83,000 | 6,599,000 | 8,485,000 | 5,767,332 | 242,528 | 146,663 | 103,897 | 91,426 | 119,789 | 89,879 | 131,075 | 128,165 | 90,160 |
| total current liabilities | 4,085,000 | 4,660,000 | 6,611,000 | 10,746,000 | 11,449,105 | 12,248,473 | 11,758,756 | 11,727,656 | 7,240,454 | 7,436,742 | 18,180,480 | 18,732,361 | 10,822,024 | 6,408,406 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 4,152 | 10,019 | 13,527 | 28,018 | 28,018 |
| total long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 4,152 | 10,019 | 13,527 | 28,018 | 28,018 |
| total liabilities | 4,085,000 | 4,660,000 | 6,611,000 | 10,746,000 | 11,449,105 | 12,248,473 | 11,758,756 | 11,727,656 | 7,240,454 | 7,440,894 | 18,190,499 | 18,745,888 | 10,850,042 | 6,436,424 |
| net assets | -1,322,000 | -1,150,000 | -694,000 | -1,088,000 | -585,842 | 49,266 | 191,891 | 99,700 | 97,154 | 54,990 | 21,704 | 21,353 | 129,855 | 400,406 |
| total shareholders funds | -1,322,000 | -1,150,000 | -694,000 | -1,088,000 | -585,842 | 49,266 | 191,891 | 99,700 | 97,154 | 54,990 | 21,704 | 21,353 | 129,855 | 400,406 |
| Apr 2023 | Apr 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||||
| Operating Profit | -161,000 | -440,000 | 409,000 | -376,000 | -497,723 | 1,408 | 222,273 | 58,068 | 190,096 | 88,244 | 45,014 | -123,637 | -354,519 | 292,212 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | -11,000 | -16,000 | 0 | 0 | 22,499 | 0 | -23,048 | -700 | -11,291 | -8,889 | 61,489 | 108,392 | 102,043 | 313,652 |
| Stock | -757,000 | -2,355,000 | -3,600,000 | -1,436,032 | -5,260 | -1,071,920 | 342,532 | 4,896,263 | -278,684 | -4,606,495 | -857,591 | 4,348,210 | 1,778,614 | 6,307,363 |
| Debtors | -1,000 | -47,000 | -176,000 | 221,639 | -1,432,085 | 1,419,012 | -219,241 | -406,515 | 120,408 | -6,109,825 | 302,553 | 3,439,134 | 2,364,453 | 529,467 |
| Creditors | 18,000 | -8,000 | 1,000 | -295,987 | 107,899 | -20,942 | -79,586 | 89,480 | 131,713 | -364,131 | 170,885 | 169,886 | 13,623 | 88,160 |
| Accruals and Deferred Income | -34,000 | -6,516,000 | -1,886,000 | 2,717,668 | 5,524,804 | 95,865 | 42,766 | 12,471 | -28,363 | 29,910 | -41,196 | 2,910 | 38,005 | 90,160 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -4,152 | -5,867 | -3,508 | -14,491 | 0 | 28,018 |
| Cash flow from operations | 570,000 | -4,578,000 | 2,300,000 | 3,260,074 | 6,594,824 | -270,761 | 39,114 | -4,330,429 | 436,279 | 10,455,587 | 787,722 | -7,644,284 | -4,343,915 | -6,024,628 |
| Investing Activities | ||||||||||||||
| capital expenditure | 0 | 0 | 0 | |||||||||||
| Change in Investments | 0 | 0 | 0 | -1 | 0 | 0 | 0 | 0 | 0 | 1 | 0 | 0 | 0 | 0 |
| cash flow from investments | 0 | 0 | 0 | |||||||||||
| Financing Activities | ||||||||||||||
| Bank loans | 0 | 0 | -2,250,000 | 2,250,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | -559,000 | 4,573,000 | 0 | 0 | 0 | -108,431 | 52,475 | -1,284,731 | 1,094,303 | -10,650,068 | -1,182,924 | 7,093,225 | 1,956,829 | 3,029,322 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||||||||||
| interest | 0 | 0 | -15,000 | -126,000 | -160,032 | -144,033 | -107,034 | -54,822 | -136,641 | -128,494 | -161,977 | -152,392 | -95,516 | -91,324 |
| cash flow from financing | -559,000 | 4,573,000 | -2,265,000 | 2,123,842 | -160,032 | -252,464 | -54,559 | -1,339,553 | 957,662 | -10,778,562 | -1,344,901 | 6,940,833 | 1,861,313 | 2,738,404 |
| cash and cash equivalents | ||||||||||||||
| cash | 11,000 | -5,000 | 35,000 | 9,131 | 2,869 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| overdraft | 0 | 0 | 0 | -5,374,786 | -6,432,071 | 523,225 | 15,445 | 5,669,982 | -1,393,941 | 240,551 | 501,354 | 644,316 | 2,405,161 | 3,200,764 |
| change in cash | 11,000 | -5,000 | 35,000 | 5,383,917 | 6,434,940 | -523,225 | -15,445 | -5,669,982 | 1,393,941 | -240,551 | -501,354 | -644,316 | -2,405,161 | -3,200,764 |
P&L
April 2023turnover
1.7m
-32%
operating profit
-161k
-63%
gross margin
6.9%
-193.18%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
April 2023net assets
-1.3m
+0.15%
total assets
2.8m
-0.21%
cash
53k
+0.26%
net assets
Total assets minus all liabilities
Similar Companies
clancy developments limited company details
company number
00763197
Type
Private limited with Share Capital
industry
41202 - Construction of domestic buildings
incorporation date
June 1963
age
61
accounts
Audit Exemption Subsidiary
ultimate parent company
previous names
N/A
incorporated
UK
address
clare house coppermill lane, harefield, uxbridge, middlesex,, UB9 6HZ
last accounts submitted
April 2023
clancy 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 12 charges/mortgages relating to clancy developments limited. Currently there are 0 open charges and 12 have been satisfied in the past.
clancy developments limited Companies House Filings - See Documents
| date | description | view/download |
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