kier property developments limited
kier property developments limited Company Information
Company Number
00873685
Next Accounts
Mar 2026
Shareholders
kier developments ltd
Group Structure
View All
Industry
Development of building projects
Registered Address
2nd floor, optimum house, clippers quay, salford, M50 3XP
Website
www.kier.co.ukkier property developments limited Estimated Valuation
Pomanda estimates the enterprise value of KIER PROPERTY DEVELOPMENTS LIMITED at £0 based on a Turnover of £764k and -4.22x industry multiple (adjusted for size and gross margin).
kier property developments limited Estimated Valuation
Pomanda estimates the enterprise value of KIER PROPERTY DEVELOPMENTS LIMITED at £736.5m based on an EBITDA of £-22.1m and a -33.33x industry multiple (adjusted for size and gross margin).
kier property developments limited Estimated Valuation
Pomanda estimates the enterprise value of KIER PROPERTY DEVELOPMENTS LIMITED at £100.6m based on Net Assets of £71.2m and 1.41x industry multiple (adjusted for liquidity).
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Kier Property Developments Limited Overview
Kier Property Developments Limited is a live company located in salford, M50 3XP with a Companies House number of 00873685. It operates in the development of building projects sector, SIC Code 41100. Founded in March 1966, it's largest shareholder is kier developments ltd with a 100% stake. Kier Property Developments Limited is a mature, small sized company, Pomanda has estimated its turnover at £764k with declining growth in recent years.
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Kier Property Developments Limited Health Check
Pomanda's financial health check has awarded Kier Property Developments Limited a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 9 areas for improvement. Company Health Check FAQs
2 Strong
1 Regular
9 Weak
Size
annual sales of £764k, make it smaller than the average company (£2.3m)
£764k - Kier Property Developments Limited
£2.3m - Industry AVG
Growth
3 year (CAGR) sales growth of -76%, show it is growing at a slower rate (6.9%)
-76% - Kier Property Developments Limited
6.9% - Industry AVG
Production
with a gross margin of -473.3%, this company has a higher cost of product (26.3%)
-473.3% - Kier Property Developments Limited
26.3% - Industry AVG
Profitability
an operating margin of -2922.5% make it less profitable than the average company (7.3%)
-2922.5% - Kier Property Developments Limited
7.3% - Industry AVG
Employees
with 71 employees, this is above the industry average (7)
71 - Kier Property Developments Limited
7 - Industry AVG
Pay Structure
on an average salary of £178.9k, the company has a higher pay structure (£48.5k)
£178.9k - Kier Property Developments Limited
£48.5k - Industry AVG
Efficiency
resulting in sales per employee of £10.8k, this is less efficient (£274.4k)
£10.8k - Kier Property Developments Limited
£274.4k - Industry AVG
Debtor Days
it gets paid by customers after 464 days, this is later than average (28 days)
464 days - Kier Property Developments Limited
28 days - Industry AVG
Creditor Days
its suppliers are paid after 36 days, this is slower than average (32 days)
36 days - Kier Property Developments Limited
32 days - Industry AVG
Stock Days
it holds stock equivalent to 2594 days, this is more than average (206 days)
2594 days - Kier Property Developments Limited
206 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (11 weeks)
0 weeks - Kier Property Developments Limited
11 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 76.6%, this is a similar level of debt than the average (73.9%)
76.6% - Kier Property Developments Limited
73.9% - Industry AVG
KIER PROPERTY DEVELOPMENTS LIMITED financials
Kier Property Developments Limited's latest turnover from June 2024 is £764 thousand and the company has net assets of £71.2 million. According to their latest financial statements, Kier Property Developments Limited has 71 employees and maintains cash reserves of £527 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jun 2024 | Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Jun 2018 | Jun 2017 | Jun 2016 | Jun 2015 | Jun 2014 | Jun 2013 | Jun 2012 | Jun 2011 | Jun 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 764,000 | 5,415,000 | 34,939,000 | 58,064,000 | 44,941,000 | 67,934,000 | 57,506,000 | 57,774,000 | 40,457,000 | 48,022,000 | 64,504,000 | 51,581,000 | 53,300,000 | 59,362,000 | 9,189,000 |
| Other Income Or Grants | |||||||||||||||
| Cost Of Sales | 4,380,000 | 3,567,000 | 31,205,000 | 50,536,000 | 48,308,000 | 51,376,000 | 45,796,000 | 44,188,000 | 38,238,000 | 33,138,000 | 64,508,000 | 52,836,000 | 68,502,000 | 49,397,000 | 6,819,000 |
| Gross Profit | -3,616,000 | 1,848,000 | 3,734,000 | 7,528,000 | -3,367,000 | 16,558,000 | 11,710,000 | 13,586,000 | 2,219,000 | 14,884,000 | -4,000 | -1,255,000 | -15,202,000 | 9,965,000 | 2,370,000 |
| Admin Expenses | 18,712,000 | 12,533,000 | 9,987,000 | 7,669,000 | 8,190,000 | 9,384,000 | 12,157,000 | 9,322,000 | 5,965,000 | 6,227,000 | 5,169,000 | 3,935,000 | 3,649,000 | 3,208,000 | 3,090,000 |
| Operating Profit | -22,328,000 | -10,685,000 | -6,253,000 | -141,000 | -11,557,000 | 7,174,000 | -447,000 | 4,264,000 | -3,746,000 | 8,657,000 | -5,173,000 | -5,190,000 | -18,851,000 | 6,757,000 | -720,000 |
| Interest Payable | 7,247,000 | 4,707,000 | 5,093,000 | 12,492,000 | 6,760,000 | 6,890,000 | 5,013,000 | 3,941,000 | 3,761,000 | 2,886,000 | 2,966,000 | 1,304,000 | 3,000 | 2,566,000 | 2,229,000 |
| Interest Receivable | 9,723,000 | 4,019,000 | 3,585,000 | 3,807,000 | 4,033,000 | 3,985,000 | 2,428,000 | 17,000 | 319,000 | 1,554,000 | 92,000 | ||||
| Pre-Tax Profit | -19,852,000 | -12,864,000 | 18,205,000 | -7,386,000 | -17,866,000 | 12,483,000 | 12,775,000 | 17,414,000 | 7,765,000 | 9,471,000 | -8,184,000 | -1,326,000 | -18,535,000 | 5,174,000 | -2,857,000 |
| Tax | 4,553,000 | 2,230,000 | -5,691,000 | 2,906,000 | 1,611,000 | 319,000 | -4,462,000 | -2,617,000 | 614,000 | -2,172,000 | 1,466,000 | 584,000 | 5,093,000 | -565,000 | 58,000 |
| Profit After Tax | -15,299,000 | -10,634,000 | 12,514,000 | -4,480,000 | -16,255,000 | 12,802,000 | 8,313,000 | 14,797,000 | 8,379,000 | 7,299,000 | -6,718,000 | -742,000 | -13,442,000 | 4,609,000 | -2,799,000 |
| Dividends Paid | |||||||||||||||
| Retained Profit | -15,299,000 | -10,634,000 | 12,514,000 | -4,480,000 | -16,255,000 | 12,802,000 | 8,313,000 | 14,797,000 | 8,379,000 | 7,299,000 | -6,718,000 | -742,000 | -13,442,000 | 4,609,000 | -2,799,000 |
| Employee Costs | 12,700,000 | 12,298,000 | 8,318,000 | 6,413,000 | 6,266,000 | 6,922,000 | 8,529,000 | 6,783,000 | 3,618,000 | 4,787,000 | 3,550,000 | 2,770,000 | 2,738,000 | 1,714,000 | 2,148,000 |
| Number Of Employees | 71 | 75 | 48 | 44 | 54 | 71 | 79 | 58 | 45 | 42 | 37 | 27 | 28 | 25 | 25 |
| EBITDA* | -22,095,000 | -10,452,000 | -6,020,000 | 92,000 | -11,324,000 | 7,406,000 | -353,000 | 4,352,000 | -3,746,000 | 8,659,000 | -5,171,000 | -5,185,000 | -18,845,000 | 6,817,000 | -645,000 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jun 2024 | Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Jun 2018 | Jun 2017 | Jun 2016 | Jun 2015 | Jun 2014 | Jun 2013 | Jun 2012 | Jun 2011 | Jun 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 425,000 | 63,146,000 | 44,571,000 | 54,009,000 | 63,182,000 | 69,586,000 | 65,378,000 | 1,916,000 | 1,513,000 | 1,047,000 | 966,000 | 7,000 | 11,000 | 8,000 | 8,741,000 |
| Intangible Assets | |||||||||||||||
| Investments & Other | 69,363,000 | 58,872,000 | 39,968,000 | 47,451,000 | 61,825,000 | 67,973,000 | 63,556,000 | 75,218,000 | 64,882,000 | 37,245,000 | 7,403,000 | 350,000 | |||
| Debtors (Due After 1 year) | 1,808,000 | 1,856,000 | 2,717,000 | 23,000 | 94,000 | 1,902,000 | 2,725,000 | 3,553,000 | 3,263,000 | 3,870,000 | 4,324,000 | 4,887,000 | |||
| Total Fixed Assets | 69,788,000 | 61,338,000 | 42,715,000 | 51,292,000 | 63,182,000 | 69,586,000 | 65,378,000 | 77,228,000 | 68,297,000 | 41,017,000 | 11,922,000 | 3,620,000 | 3,881,000 | 4,332,000 | 13,628,000 |
| Stock & work in progress | 31,130,000 | 29,658,000 | 11,674,000 | 9,439,000 | 12,572,000 | 29,317,000 | 35,935,000 | 39,623,000 | 27,058,000 | 43,857,000 | 49,779,000 | 51,173,000 | 71,586,000 | 118,597,000 | 137,899,000 |
| Trade Debtors | 972,000 | 937,000 | 3,120,000 | 12,540,000 | 11,637,000 | 8,180,000 | 5,295,000 | 1,571,000 | 905,000 | 1,201,000 | 720,000 | 1,797,000 | 1,512,000 | 604,000 | 2,194,000 |
| Group Debtors | 195,342,000 | 190,872,000 | 185,106,000 | 181,458,000 | 201,997,000 | 201,214,000 | 169,745,000 | 87,693,000 | 87,286,000 | 93,693,000 | 85,336,000 | 63,362,000 | 56,514,000 | 28,700,000 | 1,533,000 |
| Misc Debtors | 6,846,000 | 1,030,000 | 1,594,000 | 4,831,000 | 1,311,000 | 443,000 | 17,642,000 | 4,488,000 | 11,068,000 | 5,789,000 | 6,648,000 | 15,615,000 | 18,395,000 | 8,565,000 | 6,850,000 |
| Cash | 527,000 | 506,000 | 28,153,000 | 19,863,000 | 36,921,000 | 30,058,000 | 3,927,000 | 2,099,000 | 770,000 | 4,887,000 | |||||
| misc current assets | 34,000 | ||||||||||||||
| total current assets | 234,817,000 | 223,139,000 | 201,494,000 | 236,421,000 | 247,380,000 | 284,510,000 | 258,709,000 | 137,302,000 | 126,317,000 | 144,540,000 | 142,483,000 | 131,947,000 | 150,106,000 | 157,236,000 | 153,363,000 |
| total assets | 304,605,000 | 284,477,000 | 244,209,000 | 287,713,000 | 310,562,000 | 354,096,000 | 324,087,000 | 214,530,000 | 194,614,000 | 185,557,000 | 154,405,000 | 135,567,000 | 153,987,000 | 161,568,000 | 166,991,000 |
| Bank overdraft | 168,621,000 | 132,343,000 | 85,866,000 | 136,353,000 | 150,968,000 | 165,902,000 | 59,743,000 | 56,766,000 | 41,946,000 | 44,757,000 | 14,697,000 | 1,606,000 | |||
| Bank loan | 15,059,000 | 146,445,000 | |||||||||||||
| Trade Creditors | 432,000 | 337,000 | 1,180,000 | 548,000 | 180,000 | 3,433,000 | 8,135,000 | 3,530,000 | 7,492,000 | 3,721,000 | 1,796,000 | 882,000 | 1,643,000 | 914,000 | 1,614,000 |
| Group/Directors Accounts | 42,227,000 | 54,245,000 | 55,099,000 | 59,629,000 | 42,702,000 | 47,021,000 | 82,449,000 | 82,611,000 | 39,609,000 | ||||||
| other short term finances | |||||||||||||||
| hp & lease commitments | |||||||||||||||
| other current liabilities | 7,075,000 | 55,607,000 | 60,039,000 | 66,202,000 | 69,732,000 | 79,416,000 | 76,297,000 | 12,115,000 | 5,157,000 | 18,540,000 | 10,728,000 | 11,827,000 | 8,013,000 | 2,719,000 | 4,918,000 |
| total current liabilities | 233,414,000 | 188,287,000 | 147,085,000 | 203,103,000 | 220,880,000 | 248,751,000 | 230,877,000 | 129,633,000 | 124,514,000 | 123,836,000 | 99,983,000 | 74,427,000 | 92,105,000 | 86,244,000 | 47,747,000 |
| loans | 19,400,000 | 123,529,000 | |||||||||||||
| hp & lease commitments | |||||||||||||||
| Accruals and Deferred Income | |||||||||||||||
| other liabilities | |||||||||||||||
| provisions | 1,184,000 | ||||||||||||||
| total long term liabilities | 9,700,000 | 592,000 | 123,529,000 | ||||||||||||
| total liabilities | 233,414,000 | 197,987,000 | 147,085,000 | 203,103,000 | 221,472,000 | 248,751,000 | 230,877,000 | 129,633,000 | 124,514,000 | 123,836,000 | 99,983,000 | 74,427,000 | 92,105,000 | 86,244,000 | 171,276,000 |
| net assets | 71,191,000 | 86,490,000 | 97,124,000 | 84,610,000 | 89,090,000 | 105,345,000 | 93,210,000 | 84,897,000 | 70,100,000 | 61,721,000 | 54,422,000 | 61,140,000 | 61,882,000 | 75,324,000 | -4,285,000 |
| total shareholders funds | 71,191,000 | 86,490,000 | 97,124,000 | 84,610,000 | 89,090,000 | 105,345,000 | 93,210,000 | 84,897,000 | 70,100,000 | 61,721,000 | 54,422,000 | 61,140,000 | 61,882,000 | 75,324,000 | -4,285,000 |
| Jun 2024 | Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Jun 2018 | Jun 2017 | Jun 2016 | Jun 2015 | Jun 2014 | Jun 2013 | Jun 2012 | Jun 2011 | Jun 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | -22,328,000 | -10,685,000 | -6,253,000 | -141,000 | -11,557,000 | 7,174,000 | -447,000 | 4,264,000 | -3,746,000 | 8,657,000 | -5,173,000 | -5,190,000 | -18,851,000 | 6,757,000 | -720,000 |
| Depreciation | 233,000 | 233,000 | 233,000 | 233,000 | 233,000 | 232,000 | 94,000 | 88,000 | 2,000 | 2,000 | 5,000 | 6,000 | 60,000 | 75,000 | |
| Amortisation | |||||||||||||||
| Tax | 4,553,000 | 2,230,000 | -5,691,000 | 2,906,000 | 1,611,000 | 319,000 | -4,462,000 | -2,617,000 | 614,000 | -2,172,000 | 1,466,000 | 584,000 | 5,093,000 | -565,000 | 58,000 |
| Stock | 1,472,000 | 17,984,000 | 2,235,000 | -3,133,000 | -16,745,000 | -6,618,000 | -3,688,000 | 12,565,000 | -16,799,000 | -5,922,000 | -1,394,000 | -20,413,000 | -47,011,000 | -19,302,000 | 137,899,000 |
| Debtors | 8,513,000 | 2,971,000 | -9,870,000 | -13,399,000 | 5,085,000 | 17,178,000 | 98,836,000 | -7,315,000 | -2,247,000 | 7,151,000 | 12,220,000 | 3,746,000 | 38,098,000 | 26,729,000 | 15,464,000 |
| Creditors | 95,000 | -843,000 | 632,000 | 368,000 | -3,253,000 | -4,702,000 | 4,605,000 | -3,962,000 | 3,771,000 | 1,925,000 | 914,000 | -761,000 | 729,000 | -700,000 | 1,614,000 |
| Accruals and Deferred Income | -48,532,000 | -4,432,000 | -6,163,000 | -3,530,000 | -9,684,000 | 3,119,000 | 64,182,000 | 6,958,000 | -13,383,000 | 7,812,000 | -1,099,000 | 3,814,000 | 5,294,000 | -2,199,000 | 4,918,000 |
| Deferred Taxes & Provisions | -1,184,000 | 1,184,000 | |||||||||||||
| Cash flow from operations | -75,964,000 | -34,452,000 | -9,607,000 | 15,184,000 | -9,806,000 | -4,418,000 | -31,176,000 | -519,000 | 6,302,000 | 14,995,000 | -14,716,000 | 15,119,000 | 1,184,000 | -4,074,000 | -147,418,000 |
| Investing Activities | |||||||||||||||
| capital expenditure | |||||||||||||||
| Change in Investments | 10,491,000 | 18,904,000 | -7,483,000 | -14,374,000 | -6,148,000 | 4,417,000 | -11,662,000 | 10,336,000 | 27,637,000 | 29,842,000 | 7,053,000 | 350,000 | |||
| cash flow from investments | |||||||||||||||
| Financing Activities | |||||||||||||||
| Bank loans | 15,059,000 | -146,445,000 | 146,445,000 | ||||||||||||
| Group/Directors Accounts | 42,227,000 | -54,245,000 | -854,000 | -4,530,000 | 16,927,000 | -4,319,000 | -35,428,000 | -162,000 | 43,002,000 | 39,609,000 | |||||
| Other Short Term Loans | |||||||||||||||
| Long term loans | -19,400,000 | 19,400,000 | -123,529,000 | 123,529,000 | |||||||||||
| Hire Purchase and Lease Commitments | |||||||||||||||
| other long term liabilities | |||||||||||||||
| share issue | |||||||||||||||
| interest | 2,476,000 | -688,000 | -1,508,000 | -8,685,000 | -2,727,000 | -2,905,000 | -2,585,000 | -3,941,000 | -3,761,000 | -2,886,000 | -2,966,000 | -1,287,000 | 316,000 | -1,012,000 | -2,137,000 |
| cash flow from financing | 40,362,000 | 18,712,000 | -1,508,000 | -8,685,000 | -2,727,000 | -150,017,000 | 89,615,000 | -4,795,000 | -8,291,000 | 14,041,000 | -7,285,000 | -36,715,000 | 154,000 | -6,539,000 | 159,515,000 |
| cash and cash equivalents | |||||||||||||||
| cash | 21,000 | 506,000 | -28,153,000 | 8,290,000 | -17,058,000 | 6,863,000 | 26,131,000 | 3,927,000 | -2,099,000 | 1,329,000 | -4,117,000 | 4,887,000 | |||
| overdraft | 36,278,000 | 46,477,000 | -50,487,000 | -14,615,000 | -14,934,000 | 165,902,000 | -59,743,000 | 2,977,000 | 14,820,000 | -2,811,000 | 30,060,000 | 14,697,000 | -1,606,000 | 1,606,000 | |
| change in cash | -36,257,000 | -45,971,000 | 22,334,000 | 22,905,000 | -2,124,000 | -159,039,000 | 85,874,000 | 950,000 | -14,820,000 | 2,811,000 | -30,060,000 | -16,796,000 | 1,329,000 | -2,511,000 | 3,281,000 |
kier property developments limited Credit Report and Business Information
Kier Property Developments Limited Competitor Analysis
Perform a competitor analysis for kier property developments limited by selecting its closest rivals, whether from the CONSTRUCTION sector, other small companies, companies in M50 area or any other competitors across 12 key performance metrics.
kier property developments limited Ownership
KIER PROPERTY DEVELOPMENTS LIMITED group structure
Kier Property Developments Limited has 13 subsidiary companies.
Ultimate parent company
2 parents
KIER PROPERTY DEVELOPMENTS LIMITED
00873685
13 subsidiaries
kier property developments limited directors
Kier Property Developments Limited currently has 4 directors. The longest serving directors include Mr Leigh Thomas (Apr 2011) and Mr Lee Howard (Jun 2016).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Leigh Thomas | 54 years | Apr 2011 | - | Director | |
| Mr Lee Howard | United Kingdom | 44 years | Jun 2016 | - | Director |
| Mr Basil Mendonca | England | 55 years | Jun 2022 | - | Director |
| Mr David Bridges | England | 58 years | Apr 2024 | - | Director |
P&L
June 2024turnover
764k
-86%
operating profit
-22.3m
+109%
gross margin
-473.2%
-1486.86%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
June 2024net assets
71.2m
-0.18%
total assets
304.6m
+0.07%
cash
527k
+0.04%
net assets
Total assets minus all liabilities
kier property developments limited company details
company number
00873685
Type
Private limited with Share Capital
industry
41100 - Development of building projects
incorporation date
March 1966
age
59
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
June 2024
previous names
laing property developments limited (April 2002)
john laing property limited (April 2001)
See moreaccountant
-
auditor
PRICEWATERHOUSECOOPERS LLP
address
2nd floor, optimum house, clippers quay, salford, M50 3XP
Bank
-
Legal Advisor
-
kier property 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 20 charges/mortgages relating to kier property developments limited. Currently there are 2 open charges and 18 have been satisfied in the past.
kier property developments limited Capital Raised & Share Issues BETA
When a company issues new shares, e.g. to new investors following a funding round, it is required to notify Companies House within one month of making an allotment of shares.
Click to start generating capital raising & share issue transactions for KIER PROPERTY DEVELOPMENTS LIMITED. This can take several minutes, an email will notify you when this has completed.
kier property developments limited Companies House Filings - See Documents
| date | description | view/download |
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