betterment properties (weymouth) limited

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betterment properties (weymouth) limited Company Information

Share BETTERMENT PROPERTIES (WEYMOUTH) LIMITED

Company Number

00903201

Shareholders

trustee of m stewkesbury 27/09/2005

trustees of m stewkesbury 28/09/2005

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Group Structure

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Industry

Construction of domestic buildings

 

Registered Address

leanne house 6 avon close, weymouth, dorset, DT4 9UX

betterment properties (weymouth) limited Estimated Valuation

£9.9m

Pomanda estimates the enterprise value of BETTERMENT PROPERTIES (WEYMOUTH) LIMITED at £9.9m based on a Turnover of £15.8m and 0.63x industry multiple (adjusted for size and gross margin).

betterment properties (weymouth) limited Estimated Valuation

£28.3m

Pomanda estimates the enterprise value of BETTERMENT PROPERTIES (WEYMOUTH) LIMITED at £28.3m based on an EBITDA of £5m and a 5.65x industry multiple (adjusted for size and gross margin).

betterment properties (weymouth) limited Estimated Valuation

£87.8m

Pomanda estimates the enterprise value of BETTERMENT PROPERTIES (WEYMOUTH) LIMITED at £87.8m based on Net Assets of £65.5m and 1.34x industry multiple (adjusted for liquidity).

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Betterment Properties (weymouth) Limited Overview

Betterment Properties (weymouth) Limited is a live company located in dorset, DT4 9UX with a Companies House number of 00903201. It operates in the construction of domestic buildings sector, SIC Code 41202. Founded in April 1967, it's largest shareholder is trustee of m stewkesbury 27/09/2005 with a 42.2% stake. Betterment Properties (weymouth) Limited is a mature, mid sized company, Pomanda has estimated its turnover at £15.8m with declining growth in recent years.

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Betterment Properties (weymouth) Limited Health Check

Pomanda's financial health check has awarded Betterment Properties (Weymouth) Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 8 measures and has 3 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating5out of 5
positive_score

8 Strong

positive_score

1 Regular

positive_score

3 Weak

size

Size

annual sales of £15.8m, make it larger than the average company (£375.4k)

£15.8m - Betterment Properties (weymouth) Limited

£375.4k - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -4%, show it is growing at a slower rate (10.3%)

-4% - Betterment Properties (weymouth) Limited

10.3% - Industry AVG

production

Production

with a gross margin of 30.8%, this company has a lower cost of product (20.6%)

30.8% - Betterment Properties (weymouth) Limited

20.6% - Industry AVG

profitability

Profitability

an operating margin of 31.4% make it more profitable than the average company (4.5%)

31.4% - Betterment Properties (weymouth) Limited

4.5% - Industry AVG

employees

Employees

with 18 employees, this is above the industry average (3)

18 - Betterment Properties (weymouth) Limited

3 - Industry AVG

paystructure

Pay Structure

on an average salary of £42.7k, the company has an equivalent pay structure (£40.6k)

£42.7k - Betterment Properties (weymouth) Limited

£40.6k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £875.3k, this is more efficient (£169.7k)

£875.3k - Betterment Properties (weymouth) Limited

£169.7k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 1 days, this is earlier than average (24 days)

1 days - Betterment Properties (weymouth) Limited

24 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 16 days, this is quicker than average (30 days)

16 days - Betterment Properties (weymouth) Limited

30 days - Industry AVG

stockdays

Stock Days

it holds stock equivalent to 954 days, this is more than average (277 days)

954 days - Betterment Properties (weymouth) Limited

277 days - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 693 weeks, this is more cash available to meet short term requirements (13 weeks)

693 weeks - Betterment Properties (weymouth) Limited

13 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 2.1%, this is a lower level of debt than the average (70.3%)

2.1% - Betterment Properties (weymouth) Limited

70.3% - Industry AVG

BETTERMENT PROPERTIES (WEYMOUTH) LIMITED financials

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Betterment Properties (Weymouth) Limited's latest turnover from May 2024 is £15.8 million and the company has net assets of £65.5 million. According to their latest financial statements, Betterment Properties (Weymouth) Limited has 18 employees and maintains cash reserves of £10.5 million as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

May 2024May 2023May 2022May 2021May 2020May 2019May 2018May 2017May 2016May 2015May 2014May 2013May 2012May 2011May 2010
Turnover15,755,33222,072,65814,178,10117,575,54019,329,6506,583,7115,624,6655,940,3429,156,9458,682,90011,920,9636,883,9046,050,2358,459,36211,199,409
Other Income Or Grants
Cost Of Sales10,900,07914,427,10011,106,70514,522,60114,090,6565,165,2874,358,9284,560,2347,806,4927,566,9789,584,3262,376,4135,530,2916,028,0978,389,752
Gross Profit4,855,2537,645,5583,071,3963,052,9395,238,9941,418,4241,265,7361,380,1081,350,4531,115,9222,336,6374,507,491519,9442,431,2652,809,657
Admin Expenses-88,323-127,448-84,34080,586-673,135-1,346,027-1,554,244-1,110,332-285,672-94,950-200,698-284,871-297,658-400,723300,721
Operating Profit4,943,5767,773,0063,155,7362,972,3535,912,1292,764,4512,819,9802,490,4401,636,1251,210,8722,537,3354,792,362817,6022,831,9882,508,936
Interest Payable51,41937,4678985,94259,35523,857104,000162,50010,2412,32714,59713,20423,34628,49539,747
Interest Receivable444,002244,60422,52816,329194,15312,25227,89523,07844,67686,962104,291199,44092,41890,98925,477
Pre-Tax Profit5,721,1938,300,1433,350,3382,982,7405,422,6332,752,8472,743,8752,351,0191,670,5601,295,5072,627,0294,978,598886,6742,894,4822,494,666
Tax-1,122,110-1,633,500-600,991-529,053-1,045,204-523,041-521,336-446,694-335,731-275,523-584,884-1,196,192-227,580-793,284-837,585
Profit After Tax4,599,0836,666,6432,749,3472,453,6874,377,4292,229,8062,222,5391,904,3251,334,8291,019,9842,042,1453,782,406659,0942,101,1981,657,081
Dividends Paid110,0006,666,64312,000216,50090,00072,000230,90072,00054,000
Retained Profit4,489,0832,737,3472,237,1874,287,4292,229,8062,222,5391,904,3251,262,829789,0841,970,1453,728,406659,0942,101,1981,657,081
Employee Costs769,259656,471585,354541,0463,841,8051,047,415653,180593,962437,714693,887476,839431,027506,384458,562650,834
Number Of Employees181615149924161616161917151818
EBITDA*5,008,4717,830,3723,233,1033,022,9985,960,9202,821,9292,880,1212,538,1641,693,3541,267,2252,561,5744,896,586833,3602,851,2812,521,859

* Earnings Before Interest, Tax, Depreciation and Amortisation

May 2024May 2023May 2022May 2021May 2020May 2019May 2018May 2017May 2016May 2015May 2014May 2013May 2012May 2011May 2010
Tangible Assets10,549,48210,550,2509,319,3699,325,0429,323,23115,833,8238,069,009267,278284,799282,5686,818,0716,802,1217,013,3087,364,8239,142,316
Intangible Assets
Investments & Other8,813,3667,397,7007,077,7006,308,2286,571,2007,575,2326,875,2326,875,2326,875,232291,200291,200291,20041,20041,200
Debtors (Due After 1 year)4,578,7894,227,4993,068,6913,071,394728,704
Total Fixed Assets19,362,84817,947,95016,397,06915,633,27015,894,43115,833,82315,644,2417,142,5107,160,0317,157,80011,688,06011,320,82010,373,19910,477,4179,912,220
Stock & work in progress28,492,86424,147,25925,275,63220,023,51822,446,97823,477,69924,663,84620,777,20121,121,31918,799,01518,583,93323,927,12621,466,51320,831,95321,902,323
Trade Debtors53,46482,12195,976115,70515,84826,86822,71543,90285,73096,37788,28462,436106,63397,79349,258
Group Debtors
Misc Debtors8,530,7296,264,2866,002,2034,795,7423,845,1684,462,1785,640,8735,883,0355,689,964576,669145,359428,85197,46959,839
Cash10,458,47713,757,7838,034,47413,470,0849,080,6812,733,234534,09210,623,9627,838,7699,209,6519,333,4763,847,2222,411,7793,604,2073,161,296
misc current assets
total current assets47,535,53444,251,44939,408,28538,405,04935,388,67531,142,70629,682,83137,085,93834,928,85333,795,00728,582,36227,982,14324,413,77624,631,42225,172,716
total assets66,898,38262,199,39955,805,35454,038,31951,283,10646,976,52945,327,07244,228,44842,088,88440,952,80740,270,42239,302,96334,786,97535,108,83935,084,936
Bank overdraft
Bank loan
Trade Creditors 493,104309,812595,830244,293223,457471,288235,802145,534139,031303,362362,320144,943209,357248,277169,064
Group/Directors Accounts106,871106,871106,871106,871106,871106,871106,871106,871106,871106,871106,871228,457
other short term finances106,871
hp & lease commitments
other current liabilities290,789281,061145,0021,466,8511,067,6271,138,357350,258116,52273,943116,6841,331,747335,383871,5731,148,710
total current liabilities783,893590,873847,7031,818,0151,397,9551,378,8071,481,030602,663362,424484,176585,8751,583,561651,6111,226,7211,546,231
loans650,000600,000600,000600,000600,000600,0002,600,0002,600,0002,600,0002,600,0002,600,0002,600,0002,600,0002,600,000
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions33,12018,88818,88818,88818,88821,17026,17031,17036,17041,17051,17047,49737,282
total long term liabilities650,000633,120618,888618,888618,888618,888618,8882,621,1702,626,1702,631,1702,636,1702,641,1702,651,1702,647,4972,637,282
total liabilities1,433,8931,223,9931,466,5912,436,9032,016,8431,997,6952,099,9183,223,8332,988,5943,115,3463,222,0454,224,7313,302,7813,874,2184,183,513
net assets65,464,48960,975,40654,338,76351,601,41649,266,26344,978,83443,227,15441,004,61539,100,29037,837,46137,048,37735,078,23231,484,19431,234,62130,901,423
total shareholders funds65,464,48960,975,40654,338,76351,601,41649,266,26344,978,83443,227,15441,004,61539,100,29037,837,46137,048,37735,078,23231,484,19431,234,62130,901,423
May 2024May 2023May 2022May 2021May 2020May 2019May 2018May 2017May 2016May 2015May 2014May 2013May 2012May 2011May 2010
Operating Activities
Operating Profit4,943,5767,773,0063,155,7362,972,3535,912,1292,764,4512,819,9802,490,4401,636,1251,210,8722,537,3354,792,362817,6022,831,9882,508,936
Depreciation64,89557,36677,36750,64548,79157,47860,14147,72457,22956,35324,239104,22415,75819,29312,923
Amortisation
Tax-1,122,110-1,633,500-600,991-529,053-1,045,204-523,041-521,336-446,694-335,731-275,523-584,884-1,196,192-227,580-793,284-837,585
Stock4,345,605-1,128,3735,252,114-2,423,460-1,030,721-1,186,1473,886,645-344,1182,322,304215,082-5,343,1932,460,613634,560-1,070,37021,902,323
Debtors2,237,786248,2281,186,7321,050,4313,834,148-4,458,025-1,199,882-283,990182,424542,599808,448831,119337,5192,428,855837,801
Creditors183,292-286,018351,53720,836-247,831235,48690,2686,503-164,331-58,958217,377-64,414-38,92079,213169,064
Accruals and Deferred Income9,728136,059-1,321,849399,2241,067,627-1,138,357788,099233,73642,579-42,741-1,215,063996,364-536,190-277,1371,148,710
Deferred Taxes & Provisions-33,12014,23218,888-18,888-2,282-5,000-5,000-5,000-5,000-10,0003,67310,21537,282
Cash flow from operations-2,537,1306,941,290-4,777,0464,287,0342,950,9737,021,301548,1072,954,817-1,273,857127,3225,508,7491,330,612-937,736511,803-19,700,794
Investing Activities
capital expenditure-7,822,292-7,861,872-30,2036506,667-39,108-26,895-73,764-6,212-16,349
Change in Investments1,415,666320,000769,472-262,9726,571,200-7,575,232700,0006,584,032250,00041,200
cash flow from investments-1,415,666-320,000-769,472262,972-6,571,200-247,060-8,561,872-30,203650-6,577,365-39,108-26,895-323,764-6,212-57,549
Financing Activities
Bank loans
Group/Directors Accounts-106,871106,871-106,871-121,586228,457
Other Short Term Loans -106,871106,871
Long term loans50,000600,000-600,000-2,000,0002,600,000
Hire Purchase and Lease Commitments
other long term liabilities
share issue6,636,64397,966-478,126-134,368-409,521-1,768,00029,244,342
interest392,583207,13721,63010,387134,798-11,605-76,105-139,42234,43584,63589,694186,23669,07262,494-14,270
cash flow from financing442,5836,736,90921,630108,353734,798-1,089,731-2,076,105-139,42234,43584,63589,69451,868-340,449-1,827,09232,058,529
cash and cash equivalents
cash-3,299,3065,723,309-5,435,6104,389,4036,347,4472,199,142-10,089,8702,785,193-1,370,882-123,8255,486,2541,435,443-1,192,428442,9113,161,296
overdraft
change in cash-3,299,3065,723,309-5,435,6104,389,4036,347,4472,199,142-10,089,8702,785,193-1,370,882-123,8255,486,2541,435,443-1,192,428442,9113,161,296

betterment properties (weymouth) 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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Betterment Properties (weymouth) Limited Competitor Analysis

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Perform a competitor analysis for betterment properties (weymouth) limited by selecting its closest rivals, whether from the CONSTRUCTION sector, other mid companies, companies in DT4 area or any other competitors across 12 key performance metrics.

betterment properties (weymouth) limited Ownership

BETTERMENT PROPERTIES (WEYMOUTH) LIMITED group structure

Betterment Properties (Weymouth) Limited has 2 subsidiary companies.

Ultimate parent company

BETTERMENT PROPERTIES (WEYMOUTH) LIMITED

00903201

2 subsidiaries

BETTERMENT PROPERTIES (WEYMOUTH) LIMITED Shareholders

trustee of m stewkesbury 27/09/2005 42.21%
trustees of m stewkesbury 28/09/2005 42.21%
trustee of m stewkesbury trust 19/10/2005 4.31%
trustee of m stewkesbury trust 21/10/2005 2.83%
trustee of m stewkesbury 20 october 2005 trust 2.78%
trustee of m stewkesbury trust 24/10/2005 2.6%
trustee of m stewkesbury trust 25/10/2005 2.6%
scarlett sharp 0.23%
serena mansfield 0.23%

betterment properties (weymouth) limited directors

Betterment Properties (Weymouth) Limited currently has 2 directors. The longest serving directors include Mr Joseph Saunders (Aug 2018) and Ms Serena Mansfield (Aug 2018).

officercountryagestartendrole
Mr Joseph SaundersUnited Kingdom33 years Aug 2018- Director
Ms Serena MansfieldUnited Kingdom54 years Aug 2018- Director

P&L

May 2024

turnover

15.8m

-29%

operating profit

4.9m

-36%

gross margin

30.9%

-11.03%

turnover

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

Balance Sheet

May 2024

net assets

65.5m

+0.07%

total assets

66.9m

+0.08%

cash

10.5m

-0.24%

net assets

Total assets minus all liabilities

betterment properties (weymouth) limited company details

company number

00903201

Type

Private limited with Share Capital

industry

41202 - Construction of domestic buildings

incorporation date

April 1967

age

58

incorporated

UK

ultimate parent company

None

accounts

Group

last accounts submitted

May 2024

previous names

N/A

accountant

-

auditor

ALBERT GOODMAN LLP

address

leanne house 6 avon close, weymouth, dorset, DT4 9UX

Bank

HSBC BANK PLC

Legal Advisor

-

betterment properties (weymouth) 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 59 charges/mortgages relating to betterment properties (weymouth) limited. Currently there are 20 open charges and 39 have been satisfied in the past.

betterment properties (weymouth) 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.

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betterment properties (weymouth) limited Companies House Filings - See Documents

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