remus developments limited
remus developments limited Company Information
Company Number
01002663
Next Accounts
Sep 2025
Shareholders
andrew james woolf
Group Structure
View All
Industry
Development of building projects
Registered Address
4th floor charles house, 108-110 finchley road, london, NW3 5JJ
Website
http://driving4all.comremus developments limited Estimated Valuation
Pomanda estimates the enterprise value of REMUS DEVELOPMENTS LIMITED at £405.3k based on a Turnover of £829k and 0.49x industry multiple (adjusted for size and gross margin).
remus developments limited Estimated Valuation
Pomanda estimates the enterprise value of REMUS DEVELOPMENTS LIMITED at £1.1k based on an EBITDA of £285 and a 3.87x industry multiple (adjusted for size and gross margin).
remus developments limited Estimated Valuation
Pomanda estimates the enterprise value of REMUS DEVELOPMENTS LIMITED at £5m based on Net Assets of £3.6m and 1.41x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Remus Developments Limited Overview
Remus Developments Limited is a live company located in london, NW3 5JJ with a Companies House number of 01002663. It operates in the development of building projects sector, SIC Code 41100. Founded in February 1971, it's largest shareholder is andrew james woolf with a 100% stake. Remus Developments Limited is a mature, small sized company, Pomanda has estimated its turnover at £829k with healthy growth in recent years.
Upgrade for unlimited company reports & a free credit check
Remus Developments Limited Health Check
Pomanda's financial health check has awarded Remus Developments Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 4 areas for improvement. Company Health Check FAQs
3 Strong
3 Regular
4 Weak
Size
annual sales of £829k, make it smaller than the average company (£2.5m)
- Remus Developments Limited
£2.5m - Industry AVG
Growth
3 year (CAGR) sales growth of 6%, show it is growing at a similar rate (4.8%)
- Remus Developments Limited
4.8% - Industry AVG
Production
with a gross margin of 27.1%, this company has a comparable cost of product (27.1%)
- Remus Developments Limited
27.1% - Industry AVG
Profitability
an operating margin of 0% make it less profitable than the average company (7%)
- Remus Developments Limited
7% - Industry AVG
Employees
with 5 employees, this is below the industry average (7)
5 - Remus Developments Limited
7 - Industry AVG
Pay Structure
on an average salary of £48.2k, the company has an equivalent pay structure (£48.2k)
- Remus Developments Limited
£48.2k - Industry AVG
Efficiency
resulting in sales per employee of £165.8k, this is less efficient (£290.3k)
- Remus Developments Limited
£290.3k - Industry AVG
Debtor Days
it gets paid by customers after 13 days, this is earlier than average (28 days)
- Remus Developments Limited
28 days - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- Remus Developments Limited
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Remus Developments Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 50 weeks, this is more cash available to meet short term requirements (12 weeks)
50 weeks - Remus Developments Limited
12 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 20%, this is a lower level of debt than the average (73.5%)
20% - Remus Developments Limited
73.5% - Industry AVG
REMUS DEVELOPMENTS LIMITED financials
Remus Developments Limited's latest turnover from December 2023 is estimated at £829 thousand and the company has net assets of £3.6 million. According to their latest financial statements, Remus Developments Limited has 5 employees and maintains cash reserves of £52.7 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | |||||||||||||||
| Other Income Or Grants | |||||||||||||||
| Cost Of Sales | |||||||||||||||
| Gross Profit | |||||||||||||||
| Admin Expenses | |||||||||||||||
| Operating Profit | |||||||||||||||
| Interest Payable | |||||||||||||||
| Interest Receivable | |||||||||||||||
| Pre-Tax Profit | |||||||||||||||
| Tax | |||||||||||||||
| Profit After Tax | |||||||||||||||
| Dividends Paid | |||||||||||||||
| Retained Profit | |||||||||||||||
| Employee Costs | |||||||||||||||
| Number Of Employees | 5 | 4 | 4 | 4 | 4 | 4 | 4 | ||||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 4,304,156 | 4,304,170 | 4,154,491 | 4,154,513 | 4,154,541 | 4,154,575 | 4,154,617 | 4,154,670 | 4,154,736 | 3,891,765 | 4,615,664 | 2,749,247 | 2,748,776 | 2,748,820 | 793,970 |
| Intangible Assets | |||||||||||||||
| Investments & Other | 52,409 | 52,409 | 52,409 | 52,409 | 52,409 | 52,409 | 52,409 | 52,409 | 52,409 | 52,409 | 52,409 | 52,409 | 52,409 | 52,409 | 52,409 |
| Debtors (Due After 1 year) | |||||||||||||||
| Total Fixed Assets | 4,356,565 | 4,356,579 | 4,206,900 | 4,206,922 | 4,206,950 | 4,206,984 | 4,207,026 | 4,207,079 | 4,207,145 | 3,944,174 | 4,668,073 | 2,801,656 | 2,801,185 | 2,801,229 | 846,379 |
| Stock & work in progress | |||||||||||||||
| Trade Debtors | 31,651 | 45,907 | 47,806 | 38,551 | 15,799 | 51,898 | 38,283 | 17,141 | 60,640 | 112,891 | 131,251 | 117,457 | 121,714 | 151,566 | 216,717 |
| Group Debtors | 55,656 | 55,656 | 55,656 | 55,656 | |||||||||||
| Misc Debtors | 2,102 | ||||||||||||||
| Cash | 52,723 | 90,096 | 129,093 | 114,057 | 114,919 | 171,728 | 126,704 | 93,130 | 115,993 | 1,169,628 | 136,750 | 216,464 | 150,506 | 143,967 | 68,674 |
| misc current assets | |||||||||||||||
| total current assets | 84,374 | 136,003 | 176,899 | 152,608 | 130,718 | 279,282 | 220,643 | 165,927 | 232,289 | 1,284,621 | 268,001 | 333,921 | 272,220 | 295,533 | 285,391 |
| total assets | 4,440,939 | 4,492,582 | 4,383,799 | 4,359,530 | 4,337,668 | 4,486,266 | 4,427,669 | 4,373,006 | 4,439,434 | 5,228,795 | 4,936,074 | 3,135,577 | 3,073,405 | 3,096,762 | 1,131,770 |
| Bank overdraft | |||||||||||||||
| Bank loan | |||||||||||||||
| Trade Creditors | 215,409 | 253,142 | 94,420 | 85,857 | 78,738 | 71,676 | |||||||||
| Group/Directors Accounts | 932 | ||||||||||||||
| other short term finances | |||||||||||||||
| hp & lease commitments | |||||||||||||||
| other current liabilities | 53,963 | 71,197 | 102,668 | 83,302 | 64,912 | 81,903 | 98,108 | 65,228 | 38,645 | ||||||
| total current liabilities | 53,963 | 71,197 | 102,668 | 83,302 | 64,912 | 81,903 | 98,108 | 65,228 | 38,645 | 216,341 | 253,142 | 94,420 | 85,857 | 78,738 | 71,676 |
| loans | |||||||||||||||
| hp & lease commitments | |||||||||||||||
| Accruals and Deferred Income | |||||||||||||||
| other liabilities | |||||||||||||||
| provisions | 834,449 | 871,873 | 634,181 | 634,181 | 634,181 | 634,181 | 667,558 | 667,558 | |||||||
| total long term liabilities | 834,449 | 871,873 | 634,181 | 634,181 | 634,181 | 634,181 | 667,558 | 667,558 | |||||||
| total liabilities | 888,412 | 943,070 | 736,849 | 717,483 | 699,093 | 716,084 | 765,666 | 732,786 | 38,645 | 216,341 | 253,142 | 94,420 | 85,857 | 78,738 | 71,676 |
| net assets | 3,552,527 | 3,549,512 | 3,646,950 | 3,642,047 | 3,638,575 | 3,770,182 | 3,662,003 | 3,640,220 | 4,400,789 | 5,012,454 | 4,682,932 | 3,041,157 | 2,987,548 | 3,018,024 | 1,060,094 |
| total shareholders funds | 3,552,527 | 3,549,512 | 3,646,950 | 3,642,047 | 3,638,575 | 3,770,182 | 3,662,003 | 3,640,220 | 4,400,789 | 5,012,454 | 4,682,932 | 3,041,157 | 2,987,548 | 3,018,024 | 1,060,094 |
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | |||||||||||||||
| Depreciation | 14 | 17 | 22 | 28 | 34 | 42 | 53 | 66 | 83 | 103 | 129 | 163 | 44 | 50 | 70 |
| Amortisation | |||||||||||||||
| Tax | |||||||||||||||
| Stock | |||||||||||||||
| Debtors | -14,256 | -1,899 | 9,255 | 22,752 | -91,755 | 13,615 | 21,142 | -43,499 | 1,303 | -16,258 | 13,794 | -4,257 | -29,852 | -65,151 | 216,717 |
| Creditors | -215,409 | -37,733 | 158,722 | 8,563 | 7,119 | 7,062 | 71,676 | ||||||||
| Accruals and Deferred Income | -17,234 | -31,471 | 19,366 | 18,390 | -16,991 | -16,205 | 32,880 | 26,583 | 38,645 | ||||||
| Deferred Taxes & Provisions | -37,424 | 237,692 | -33,377 | 667,558 | |||||||||||
| Cash flow from operations | |||||||||||||||
| Investing Activities | |||||||||||||||
| capital expenditure | |||||||||||||||
| Change in Investments | 52,409 | ||||||||||||||
| cash flow from investments | |||||||||||||||
| Financing Activities | |||||||||||||||
| Bank loans | |||||||||||||||
| Group/Directors Accounts | -932 | 932 | |||||||||||||
| Other Short Term Loans | |||||||||||||||
| Long term loans | |||||||||||||||
| Hire Purchase and Lease Commitments | |||||||||||||||
| other long term liabilities | |||||||||||||||
| share issue | |||||||||||||||
| interest | |||||||||||||||
| cash flow from financing | |||||||||||||||
| cash and cash equivalents | |||||||||||||||
| cash | -37,373 | -38,997 | 15,036 | -862 | -56,809 | 45,024 | 33,574 | -22,863 | -1,053,635 | 1,032,878 | -79,714 | 65,958 | 6,539 | 75,293 | 68,674 |
| overdraft | |||||||||||||||
| change in cash | -37,373 | -38,997 | 15,036 | -862 | -56,809 | 45,024 | 33,574 | -22,863 | -1,053,635 | 1,032,878 | -79,714 | 65,958 | 6,539 | 75,293 | 68,674 |
remus developments limited Credit Report and Business Information
Remus Developments Limited Competitor Analysis
Perform a competitor analysis for remus developments limited by selecting its closest rivals, whether from the CONSTRUCTION sector, other small companies, companies in NW3 area or any other competitors across 12 key performance metrics.
remus developments limited Ownership
REMUS DEVELOPMENTS LIMITED group structure
Remus Developments Limited has no subsidiary companies.
Ultimate parent company
REMUS DEVELOPMENTS LIMITED
01002663
remus developments limited directors
Remus Developments Limited currently has 6 directors. The longest serving directors include Lady Marguerite Woolf (Mar 1991) and Mr Andrew Woolf (Mar 1991).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Lady Marguerite Woolf | 89 years | Mar 1991 | - | Director | |
| Mr Andrew Woolf | 59 years | Mar 1991 | - | Director | |
| Ms Wendy Woolf | 67 years | Dec 2000 | - | Director | |
| Ms Jacqueline Woolf | 58 years | Nov 2003 | - | Director | |
| The Honourable Julia Woolf | United Kingdom | 58 years | Oct 2011 | - | Director |
| Ms Georgina Woolf | United Kingdom | 22 years | Feb 2023 | - | Director |
P&L
December 2023turnover
829k
+7%
operating profit
271
0%
gross margin
27.2%
+1.7%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
3.6m
0%
total assets
4.4m
-0.01%
cash
52.7k
-0.41%
net assets
Total assets minus all liabilities
remus developments limited company details
company number
01002663
Type
Private limited with Share Capital
industry
41100 - Development of building projects
incorporation date
February 1971
age
54
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
December 2023
previous names
N/A
accountant
NORTON LEWIS & CO
auditor
-
address
4th floor charles house, 108-110 finchley road, london, NW3 5JJ
Bank
BANK OF SCOTLAND
Legal Advisor
-
remus 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 13 charges/mortgages relating to remus developments limited. Currently there are 13 open charges and 0 have been satisfied in the past.
remus 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 REMUS DEVELOPMENTS LIMITED. This can take several minutes, an email will notify you when this has completed.
remus developments limited Companies House Filings - See Documents
| date | description | view/download |
|---|
