luff developments limited Company Information
Company Number
00958763
Website
www.luff.co.ukRegistered Address
4 mount ephraim road, tunbridge wells, kent, TN1 1EE
Industry
Development of building projects
Buying and selling of own real estate
Telephone
01189781558
Next Accounts Due
890 days late
Group Structure
View All
luff developments limited Estimated Valuation
Pomanda estimates the enterprise value of LUFF DEVELOPMENTS LIMITED at £297.5k based on a Turnover of £207.3k and 1.44x industry multiple (adjusted for size and gross margin).
luff developments limited Estimated Valuation
Pomanda estimates the enterprise value of LUFF DEVELOPMENTS LIMITED at £0 based on an EBITDA of £-1.2m and a 4.67x industry multiple (adjusted for size and gross margin).
luff developments limited Estimated Valuation
Pomanda estimates the enterprise value of LUFF DEVELOPMENTS LIMITED at £13.4m based on Net Assets of £9.2m and 1.45x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Luff Developments Limited Overview
Luff Developments Limited is a live company located in kent, TN1 1EE with a Companies House number of 00958763. It operates in the development of building projects sector, SIC Code 41100. Founded in July 1969, it's largest shareholder is luff group ltd with a 100% stake. Luff Developments Limited is a mature, micro sized company, Pomanda has estimated its turnover at £207.3k with declining growth in recent years.
Upgrade for unlimited company reports & a free credit check
Luff Developments Limited Health Check
Pomanda's financial health check has awarded Luff Developments Limited a 2.5 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 6 areas for improvement. Company Health Check FAQs
![Health Check Image](/assets/images/big_heart.png)
![positive_score](/assets/images/scoreRate2.png)
2 Strong
![positive_score](/assets/images/scoreRate1.png)
2 Regular
![positive_score](/assets/images/scoreRate0.png)
6 Weak
![size](/assets/images/scoreRate0.png)
Size
annual sales of £207.3k, make it smaller than the average company (£1.4m)
- Luff Developments Limited
£1.4m - Industry AVG
![growth](/assets/images/scoreRate0.png)
Growth
3 year (CAGR) sales growth of -41%, show it is growing at a slower rate (3%)
- Luff Developments Limited
3% - Industry AVG
![production](/assets/images/scoreRate1.png)
Production
with a gross margin of 46.9%, this company has a comparable cost of product (46.9%)
- Luff Developments Limited
46.9% - Industry AVG
![profitability](/assets/images/scoreRate0.png)
Profitability
an operating margin of -591.9% make it less profitable than the average company (23.8%)
- Luff Developments Limited
23.8% - Industry AVG
![employees](/assets/images/scoreRate0.png)
Employees
with 1 employees, this is below the industry average (4)
- Luff Developments Limited
4 - Industry AVG
![paystructure](/assets/images/scoreRate-1.png)
Pay Structure
There is insufficient data available for this Key Performance Indicator!
- Luff Developments Limited
- - Industry AVG
![efficiency](/assets/images/scoreRate1.png)
Efficiency
resulting in sales per employee of £207.3k, this is equally as efficient (£243.1k)
- Luff Developments Limited
£243.1k - Industry AVG
![debtordays](/assets/images/scoreRate0.png)
Debtor Days
it gets paid by customers after 43 days, this is later than average (27 days)
- Luff Developments Limited
27 days - Industry AVG
![creditordays](/assets/images/scoreRate2.png)
Creditor Days
its suppliers are paid after 61 days, this is slower than average (34 days)
- Luff Developments Limited
34 days - Industry AVG
![stockdays](/assets/images/scoreRate-1.png)
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Luff Developments Limited
- - Industry AVG
![cashbalance](/assets/images/scoreRate0.png)
Cash Balance
has cash to cover current liabilities for 2 weeks, this is less cash available to meet short term requirements (9 weeks)
2 weeks - Luff Developments Limited
9 weeks - Industry AVG
![debtlevel](/assets/images/scoreRate2.png)
Debt Level
it has a ratio of liabilities to total assets of 58.7%, this is a lower level of debt than the average (69.3%)
58.7% - Luff Developments Limited
69.3% - Industry AVG
LUFF DEVELOPMENTS LIMITED financials
![ms excel logo](/assets/images/ms_excel_logo.png)
Luff Developments Limited's latest turnover from June 2020 is estimated at £207.3 thousand and the company has net assets of £9.2 million. According to their latest financial statements, we estimate that Luff Developments Limited has 1 employee and maintains cash reserves of £646.4 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
Jun 2020 | Jun 2019 | Jun 2018 | Jun 2017 | Jun 2016 | Jun 2015 | Jun 2014 | Jun 2013 | Jun 2012 | Jun 2011 | Jun 2010 | |
---|---|---|---|---|---|---|---|---|---|---|---|
Turnover | |||||||||||
Other Income Or Grants | |||||||||||
Cost Of Sales | |||||||||||
Gross Profit | |||||||||||
Admin Expenses | |||||||||||
Operating Profit | |||||||||||
Interest Payable | |||||||||||
Interest Receivable | 111,735 | 0 | |||||||||
Pre-Tax Profit | |||||||||||
Tax | |||||||||||
Profit After Tax | |||||||||||
Dividends Paid | |||||||||||
Retained Profit | |||||||||||
Employee Costs | 0 | 0 | 0 | ||||||||
Number Of Employees | 1 | 1 | |||||||||
EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
Jun 2020 | Jun 2019 | Jun 2018 | Jun 2017 | Jun 2016 | Jun 2015 | Jun 2014 | Jun 2013 | Jun 2012 | Jun 2011 | Jun 2010 | |
---|---|---|---|---|---|---|---|---|---|---|---|
Tangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Investments & Other | 1,057,779 | 1,424,357 | 1,062,518 | 1,062,518 | 1,062,518 | 2,662,562 | 2,662,562 | 2,662,562 | 2,662,562 | 2,662,562 | 2,662,562 |
Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Total Fixed Assets | 1,057,779 | 1,424,357 | 1,062,518 | 1,062,518 | 1,062,518 | 2,662,562 | 2,662,562 | 2,662,562 | 2,662,562 | 2,662,562 | 2,662,562 |
Stock & work in progress | 0 | 13,159,758 | 13,202,709 | 16,369,869 | 11,539,412 | 11,317,089 | 11,577,822 | 10,977,980 | 10,843,200 | 10,400,582 | 11,299,718 |
Trade Debtors | 24,971 | 47,238 | 29,676 | 44,252 | 155,961 | 1,615,784 | 5,436,433 | 3,690,768 | 2,335,682 | 4,222,246 | 1,327,256 |
Group Debtors | 4,128,352 | 2,993,875 | 784,010 | 619,546 | 31,490 | 0 | 0 | 0 | 0 | 0 | 0 |
Misc Debtors | 419,367 | 500,997 | 1,873,596 | 1,355,749 | 1,681,188 | 0 | 0 | 0 | 0 | 0 | 0 |
Cash | 646,357 | 365,207 | 887,892 | 276,612 | 218,320 | 176,990 | 197,031 | 255,094 | 161,215 | 524,683 | 139,908 |
misc current assets | 16,007,200 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total current assets | 21,226,247 | 17,067,075 | 16,777,883 | 18,666,028 | 13,626,371 | 13,109,863 | 17,211,286 | 14,923,842 | 13,340,097 | 15,147,511 | 12,766,882 |
total assets | 22,284,026 | 18,491,432 | 17,840,401 | 19,728,546 | 14,688,889 | 15,772,425 | 19,873,848 | 17,586,404 | 16,002,659 | 17,810,073 | 15,429,444 |
Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Trade Creditors | 18,526 | 77,442 | 104,094 | 120,305 | 180,218 | 11,058,068 | 15,674,159 | 13,454,807 | 11,875,551 | 14,285,761 | 12,939,053 |
Group/Directors Accounts | 10,507,409 | 9,222,983 | 9,160,793 | 14,387,246 | 10,731,778 | 0 | 0 | 0 | 0 | 0 | 0 |
other short term finances | 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 |
other current liabilities | 2,545,636 | 2,228,178 | 2,677,822 | 1,689,464 | 464,621 | 0 | 0 | 0 | 0 | 0 | 0 |
total current liabilities | 13,071,571 | 11,528,603 | 11,942,709 | 16,197,015 | 11,376,617 | 11,058,068 | 15,674,159 | 13,454,807 | 11,875,551 | 14,285,761 | 12,939,053 |
loans | 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 |
Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total liabilities | 13,071,571 | 11,528,603 | 11,942,709 | 16,197,015 | 11,376,617 | 11,058,068 | 15,674,159 | 13,454,807 | 11,875,551 | 14,285,761 | 12,939,053 |
net assets | 9,212,455 | 6,962,829 | 5,897,692 | 3,531,531 | 3,312,272 | 4,714,357 | 4,199,689 | 4,131,597 | 4,127,108 | 3,524,312 | 2,490,391 |
total shareholders funds | 9,212,455 | 6,962,829 | 5,897,692 | 3,531,531 | 3,312,272 | 4,714,357 | 4,199,689 | 4,131,597 | 4,127,108 | 3,524,312 | 2,490,391 |
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 | |||||||||||
Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Tax | |||||||||||
Stock | -13,159,758 | -42,951 | -3,167,160 | 4,830,457 | 222,323 | -260,733 | 599,842 | 134,780 | 442,618 | -899,136 | 11,299,718 |
Debtors | 1,030,580 | 854,828 | 667,735 | 150,908 | 252,855 | -3,820,649 | 1,745,665 | 1,355,086 | -1,886,564 | 2,894,990 | 1,327,256 |
Creditors | -58,916 | -26,652 | -16,211 | -59,913 | -10,877,850 | -4,616,091 | 2,219,352 | 1,579,256 | -2,410,210 | 1,346,708 | 12,939,053 |
Accruals and Deferred Income | 317,458 | -449,644 | 988,358 | 1,224,843 | 464,621 | 0 | 0 | 0 | 0 | 0 | 0 |
Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Cash flow from operations | |||||||||||
Investing Activities | |||||||||||
capital expenditure | |||||||||||
Change in Investments | -366,578 | 361,839 | 0 | 0 | -1,600,044 | 0 | 0 | 0 | 0 | 0 | 2,662,562 |
cash flow from investments | |||||||||||
Financing Activities | |||||||||||
Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Group/Directors Accounts | 1,284,426 | 62,190 | -5,226,453 | 3,655,468 | 10,731,778 | 0 | 0 | 0 | 0 | 0 | 0 |
Other Short Term Loans | 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 |
Hire Purchase and Lease Commitments | 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 |
share issue | |||||||||||
interest | |||||||||||
cash flow from financing | |||||||||||
cash and cash equivalents | |||||||||||
cash | 281,150 | -522,685 | 611,280 | 58,292 | 41,330 | -20,041 | -58,063 | 93,879 | -363,468 | 384,775 | 139,908 |
overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
change in cash | 281,150 | -522,685 | 611,280 | 58,292 | 41,330 | -20,041 | -58,063 | 93,879 | -363,468 | 384,775 | 139,908 |
luff developments limited Credit Report and Business Information
Luff Developments Limited Competitor Analysis
![competitor_analysis_table_img](/assets/images/competitor_analysis_table.png)
Perform a competitor analysis for luff developments limited by selecting its closest rivals, whether from the CONSTRUCTION sector, other micro companies, companies in TN1 area or any other competitors across 12 key performance metrics.
luff developments limited Ownership
LUFF DEVELOPMENTS LIMITED group structure
Luff Developments Limited has no subsidiary companies.
Ultimate parent company
2 parents
LUFF DEVELOPMENTS LIMITED
00958763
luff developments limited directors
Luff Developments Limited currently has 3 directors. The longest serving directors include Mrs June Luff (Dec 1991) and Mr Gary Luff (Jul 2017).
officer | country | age | start | end | role |
---|---|---|---|---|---|
Mrs June Luff | 85 years | Dec 1991 | - | Director | |
Mr Gary Luff | England | 61 years | Jul 2017 | - | Director |
Mrs Sharon Millett | England | 59 years | Dec 2019 | - | Director |
P&L
June 2020turnover
207.3k
-79%
operating profit
-1.2m
0%
gross margin
46.9%
-3.24%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
June 2020net assets
9.2m
+0.32%
total assets
22.3m
+0.21%
cash
646.4k
+0.77%
net assets
Total assets minus all liabilities
luff developments limited company details
company number
00958763
Type
Private limited with Share Capital
industry
41100 - Development of building projects
68100 - Buying and selling of own real estate
incorporation date
July 1969
age
55
incorporated
UK
accounts
Small Company
ultimate parent company
previous names
luff building limited (July 1986)
last accounts submitted
June 2020
address
4 mount ephraim road, tunbridge wells, kent, TN1 1EE
accountant
CROWE U.K LLP
auditor
-
luff 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 48 charges/mortgages relating to luff developments limited. Currently there are 10 open charges and 38 have been satisfied in the past.
![charges](/assets/images/company_charges.png)
luff developments limited Companies House Filings - See Documents
date | description | view/download |
---|