ankers and rawlings developments limited

5

ankers and rawlings developments limited Company Information

Share ANKERS AND RAWLINGS DEVELOPMENTS LIMITED
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MatureMidHigh

Company Number

01217177

Registered Address

22 ringwood road, ferndown, dorset, BH22 9AN

Industry

Development of building projects

 

Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.

 
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Telephone

01202574671

Next Accounts Due

April 2025

Group Structure

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Directors

Martyn Ankers33 Years

Stuart Rawlings33 Years

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Shareholders

s.l. rawlings 15.9%

b.w. rawlings 15.9%

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ankers and rawlings developments limited Estimated Valuation

£43.6m

Pomanda estimates the enterprise value of ANKERS AND RAWLINGS DEVELOPMENTS LIMITED at £43.6m based on a Turnover of £19.9m and 2.18x industry multiple (adjusted for size and gross margin).

ankers and rawlings developments limited Estimated Valuation

£47.8m

Pomanda estimates the enterprise value of ANKERS AND RAWLINGS DEVELOPMENTS LIMITED at £47.8m based on an EBITDA of £6.2m and a 7.65x industry multiple (adjusted for size and gross margin).

ankers and rawlings developments limited Estimated Valuation

£110.2m

Pomanda estimates the enterprise value of ANKERS AND RAWLINGS DEVELOPMENTS LIMITED at £110.2m based on Net Assets of £109m and 1.01x industry multiple (adjusted for liquidity).

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Ankers And Rawlings Developments Limited Overview

Ankers And Rawlings Developments Limited is a live company located in dorset, BH22 9AN with a Companies House number of 01217177. It operates in the development of building projects sector, SIC Code 41100. Founded in June 1975, it's largest shareholder is s.l. rawlings with a 15.9% stake. Ankers And Rawlings Developments Limited is a mature, mid sized company, Pomanda has estimated its turnover at £19.9m with high growth in recent years.

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Ankers And Rawlings Developments Limited Health Check

Pomanda's financial health check has awarded Ankers And Rawlings Developments Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 9 measures and has 3 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating5out of 5
positive_score

9 Strong

positive_score

0 Regular

positive_score

3 Weak

size

Size

annual sales of £19.9m, make it larger than the average company (£5.7m)

£19.9m - Ankers And Rawlings Developments Limited

£5.7m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 29%, show it is growing at a faster rate (4.4%)

29% - Ankers And Rawlings Developments Limited

4.4% - Industry AVG

production

Production

with a gross margin of 46.4%, this company has a lower cost of product (38.3%)

46.4% - Ankers And Rawlings Developments Limited

38.3% - Industry AVG

profitability

Profitability

an operating margin of 30.2% make it more profitable than the average company (12.8%)

30.2% - Ankers And Rawlings Developments Limited

12.8% - Industry AVG

employees

Employees

with 49 employees, this is above the industry average (20)

49 - Ankers And Rawlings Developments Limited

20 - Industry AVG

paystructure

Pay Structure

on an average salary of £31.9k, the company has a lower pay structure (£43.2k)

£31.9k - Ankers And Rawlings Developments Limited

£43.2k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £407k, this is more efficient (£240.9k)

£407k - Ankers And Rawlings Developments Limited

£240.9k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 71 days, this is later than average (39 days)

71 days - Ankers And Rawlings Developments Limited

39 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 25 days, this is quicker than average (35 days)

25 days - Ankers And Rawlings Developments Limited

35 days - Industry AVG

stockdays

Stock Days

it holds stock equivalent to 226 days, this is more than average (77 days)

226 days - Ankers And Rawlings Developments Limited

77 days - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 30 weeks, this is more cash available to meet short term requirements (15 weeks)

30 weeks - Ankers And Rawlings Developments Limited

15 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 21.7%, this is a lower level of debt than the average (67.4%)

21.7% - Ankers And Rawlings Developments Limited

67.4% - Industry AVG

ANKERS AND RAWLINGS DEVELOPMENTS LIMITED financials

EXPORTms excel logo

Ankers And Rawlings Developments Limited's latest turnover from July 2023 is £19.9 million and the company has net assets of £109 million. According to their latest financial statements, Ankers And Rawlings Developments Limited has 49 employees and maintains cash reserves of £11 million as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Jul 2023Jul 2022Jul 2021Jul 2020Jul 2019Jul 2018Jul 2017Jul 2016Jul 2015Jul 2014Jul 2013Jul 2012Jul 2011Jul 2010Jul 2009
Turnover19,941,11828,030,67318,110,7319,352,25313,618,90510,418,07515,766,55713,649,35112,498,03913,788,0899,413,5159,187,21413,464,1188,077,6725,234,844
Other Income Or Grants000000000000000
Cost Of Sales10,685,25418,095,1259,835,9122,372,5647,069,3993,143,6425,095,8925,220,0264,083,9845,671,0152,377,0313,683,8517,500,2854,708,3512,340,546
Gross Profit9,255,8649,935,5488,274,8196,979,6896,549,5067,274,43310,670,6658,429,3258,414,0558,117,0747,036,4845,503,3635,963,8333,369,3212,894,298
Admin Expenses3,240,6922,836,7692,714,4072,651,1382,279,7871,938,809722,2123,039,7293,461,4623,018,6772,877,7021,883,3172,275,0061,924,2541,656,678
Operating Profit6,015,1727,098,7795,560,4124,328,5514,269,7195,335,6249,948,4535,389,5964,952,5935,098,3974,158,7823,620,0463,688,8271,445,0671,237,620
Interest Payable903,427619,835775,608871,848906,134879,579814,443842,283725,993877,4711,132,4761,004,2071,033,223736,108862,332
Interest Receivable110,536177,615725,934557,184396,869619,4509,25165,433107,99285,12217,5567,7314,4036,65929,730
Pre-Tax Profit8,003,2399,151,4588,169,5957,228,3879,738,45411,209,96515,007,7109,416,62135,203,3847,022,0593,144,5042,623,5702,660,007715,618405,018
Tax-1,488,587-4,867,980-1,550,641-1,130,280-1,787,485-1,353,080-1,407,676-1,262,291-4,354,825-1,248,361-313,671-479,337-606,194-50,700144,629
Profit After Tax6,514,6524,283,4786,618,9546,098,1077,950,9699,856,88513,600,0348,154,33030,848,5595,773,6982,830,8332,144,2332,053,813664,918549,647
Dividends Paid608,739789,896746,712515,796501,697811,63772,97772,97772,97772,97772,97771,00071,00071,00071,000
Retained Profit5,905,9133,493,5825,872,2425,582,3117,449,2729,045,24813,527,0578,081,35330,775,5825,700,7212,757,8562,073,2331,982,813593,918478,647
Employee Costs1,562,0591,655,6201,416,3551,187,6551,169,8161,138,2301,523,5031,065,7691,644,666859,607613,184636,4471,066,3931,085,4161,050,857
Number Of Employees495455444338353324191818151414
EBITDA*6,246,4817,303,9495,735,6594,455,5204,401,9275,520,32210,127,2125,737,3345,261,0185,117,0724,087,9233,662,0593,724,0211,487,6361,285,497

* Earnings Before Interest, Tax, Depreciation and Amortisation

Jul 2023Jul 2022Jul 2021Jul 2020Jul 2019Jul 2018Jul 2017Jul 2016Jul 2015Jul 2014Jul 2013Jul 2012Jul 2011Jul 2010Jul 2009
Tangible Assets1,220,9401,165,9721,004,115892,744792,946892,051937,167955,437915,55140,586,525541,96836,008,91833,771,16328,012,39426,269,572
Intangible Assets-340-410-480-550-620-690-760-2,020,015-2,146,364-2,272,713-2,425,003-1,110-1,180-1,250-1,320
Investments & Other115,066,000111,197,000105,018,000102,084,50099,213,20692,892,00087,444,50079,585,75071,872,769040,679,7160000
Debtors (Due After 1 year)118,071810,803867,940779,48900000000000
Total Fixed Assets116,404,671113,173,365106,889,575103,756,183100,005,53293,783,36188,380,90778,521,17270,641,95638,313,81238,796,68136,007,80833,769,98328,011,14426,268,252
Stock & work in progress6,641,3995,382,04312,020,82813,486,1739,457,6789,611,8495,950,8505,113,9589,163,1626,315,5267,868,8585,533,7015,240,9607,721,2683,163,089
Trade Debtors3,922,94713,889,204502,818403,217188,349238,669479,703738,391703,567711,733562,846889,565694,4251,063,276643,581
Group Debtors00000000010,00010,00010,000000
Misc Debtors1,345,9992,279,81019,750,1269,565,86312,701,60712,632,41114,927,3329,783,3351,178,0751,195,303555,202162,213125,802791,287810,275
Cash10,983,0192,943,0283,727,2541,513,0051,446,4065,697,2494,361,4433,877,2333,129,0736,894,0166,991,7564,298,2043,251,2151,809,410726,000
misc current assets000000000000000
total current assets22,893,36424,494,08536,001,02624,968,25823,794,04028,180,17825,719,32819,512,91714,173,87715,126,57815,988,66210,893,6839,312,40211,385,2415,342,945
total assets139,298,035137,667,450142,890,601128,724,441123,799,572121,963,539114,100,23598,034,08984,815,83353,440,39054,785,34346,901,49143,082,38539,396,38531,611,197
Bank overdraft000000026,323,0720642,407,8512,263,5061,679,5859,708,9831,789,514
Bank loan8,700,00014,322,00030,240,17323,242,17324,578,17327,914,17329,087,072020,373,40014,609,63119,073,61618,273,03410,605,29401,586,067
Trade Creditors 748,3221,582,457722,675782,070763,142611,763465,060288,735742,246442,429388,093134,028358,643750,513379,254
Group/Directors Accounts0000000003,189,7513,413,2823,743,9063,784,5703,806,4243,817,354
other short term finances000000000000000
hp & lease commitments32,90132,90132,90124,957055,300128,75066,07767,48854,25900000
other current liabilities9,008,3797,260,0794,584,0073,966,7573,896,8964,440,4194,821,4555,390,7205,940,1803,863,8063,522,2963,491,8803,744,9172,755,3922,482,603
total current liabilities18,489,60223,197,43735,579,75628,015,95729,238,21133,021,65534,502,33732,068,60427,123,31422,159,94028,805,13827,906,35420,173,00917,021,31210,054,792
loans000000095,000335,0008,435,2239,015,3099,833,63815,815,42717,342,13317,103,646
hp & lease commitments35,45668,357101,25897,74400172,67097,811163,889167,82700000
Accruals and Deferred Income000000000000000
other liabilities000000000000000
provisions11,746,04811,280,6407,582,1536,855,5486,388,4805,203,2754,731,8674,606,3704,108,679368,031356,248344,662379,345301,149314,886
total long term liabilities11,781,50411,348,9977,683,4116,953,2926,388,4805,203,2754,904,5374,799,1814,607,5688,971,0819,371,55710,178,30016,194,77217,643,28217,418,532
total liabilities30,271,10634,546,43443,263,16734,969,24935,626,69138,224,93039,406,87436,867,78531,730,88231,131,02138,176,69538,084,65436,367,78134,664,59427,473,324
net assets109,026,929103,121,01699,627,43493,755,19288,172,88183,738,60974,693,36161,166,30453,084,95122,309,36916,608,6488,816,8376,714,6044,731,7914,137,873
total shareholders funds109,026,929103,121,01699,627,43493,755,19288,172,88183,738,60974,693,36161,166,30453,084,95122,309,36916,608,6488,816,8376,714,6044,731,7914,137,873
Jul 2023Jul 2022Jul 2021Jul 2020Jul 2019Jul 2018Jul 2017Jul 2016Jul 2015Jul 2014Jul 2013Jul 2012Jul 2011Jul 2010Jul 2009
Operating Activities
Operating Profit6,015,1727,098,7795,560,4124,328,5514,269,7195,335,6249,948,4535,389,5964,952,5935,098,3974,158,7823,620,0463,688,8271,445,0671,237,620
Depreciation231,379205,240175,177126,899132,138184,628178,689221,389182,076145,09556,71442,08335,26442,63947,947
Amortisation-70-707070707070126,349126,349-126,420-127,573-70-70-70-70
Tax-1,488,587-4,867,980-1,550,641-1,130,280-1,787,485-1,353,080-1,407,676-1,262,291-4,354,825-1,248,361-313,671-479,337-606,194-50,700144,629
Stock1,259,356-6,638,785-1,465,3454,028,495-154,1713,660,999836,892-4,049,2042,847,636-1,553,3322,335,157292,741-2,480,3084,558,1793,163,089
Debtors-11,592,800-4,141,06710,372,315-2,141,38718,876-2,535,9554,885,3098,640,084-35,394788,98866,270241,551-1,034,336400,7071,453,856
Creditors-834,135859,782-59,39518,928151,379146,703176,325-453,511299,81754,336254,065-224,615-391,870371,259379,254
Accruals and Deferred Income1,748,3002,676,072617,25069,861-543,523-381,036-569,265-549,4602,076,374341,51030,416-253,037989,525272,7892,482,603
Deferred Taxes & Provisions465,4083,698,487726,605467,0681,185,205471,408125,497497,6913,740,64811,78311,586-34,68378,196-13,737314,886
Cash flow from operations16,470,91120,450,162-3,437,4921,993,9893,542,7983,279,2732,729,892-621,1174,210,7905,040,6841,668,8922,136,0957,308,322-2,891,639-10,076
Investing Activities
capital expenditure00000-1,040,916-2,211,877223,267-1,454,1913,184,641-4,866,422-2,276,576-5,794,033-1,785,461-17,554,833
Change in Investments3,869,0006,179,0002,933,5002,871,2946,321,2065,447,5007,858,7507,712,98171,872,769-40,679,71640,679,7160000
cash flow from investments-3,869,000-6,179,000-2,933,500-2,871,294-6,321,206-6,488,416-10,070,627-7,489,714-73,326,96043,864,357-45,546,138-2,276,576-5,794,033-1,785,461-17,554,833
Financing Activities
Bank loans-5,622,000-15,918,1736,998,000-1,336,000-3,336,000-1,172,89929,087,072-20,373,4005,763,769-4,463,985800,5827,667,74010,605,294-1,586,0671,586,067
Group/Directors Accounts00000000-3,189,751-223,531-330,624-40,664-21,854-10,9303,817,354
Other Short Term Loans 000000000000000
Long term loans000000-95,000-240,000-8,100,223-580,086-818,329-5,981,789-1,526,706238,48717,103,646
Hire Purchase and Lease Commitments-32,901-32,90111,458122,701-55,300-246,120137,532-67,4899,291222,08600000
other long term liabilities000000000000000
share issue0000-3,015,000000005,033,95529,000003,659,226
interest-792,891-442,220-49,674-314,664-509,265-260,129-805,192-776,850-618,001-792,349-1,114,920-996,476-1,028,820-729,449-832,602
cash flow from financing-6,447,792-16,393,2946,959,784-1,527,963-6,915,565-1,679,14828,324,412-21,457,739-6,134,915-5,837,8653,570,664677,8118,027,914-2,087,95925,333,691
cash and cash equivalents
cash8,039,991-784,2262,214,24966,599-4,250,8431,335,806484,210748,160-3,764,943-97,7402,693,5521,046,9891,441,8051,083,410726,000
overdraft000000-26,323,07226,323,072-64-2,407,787144,345583,921-8,029,3987,919,4691,789,514
change in cash8,039,991-784,2262,214,24966,599-4,250,8431,335,80626,807,282-25,574,912-3,764,8792,310,0472,549,207463,0689,471,203-6,836,059-1,063,514

ankers and rawlings developments 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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Ankers And Rawlings Developments Limited Competitor Analysis

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Perform a competitor analysis for ankers and rawlings developments limited by selecting its closest rivals, whether from the CONSTRUCTION sector, other mid companies, companies in BH22 area or any other competitors across 12 key performance metrics.

ankers and rawlings developments limited Ownership

ANKERS AND RAWLINGS DEVELOPMENTS LIMITED group structure

Ankers And Rawlings Developments Limited has 1 subsidiary company.

Ultimate parent company

ANKERS AND RAWLINGS DEVELOPMENTS LIMITED

01217177

1 subsidiary

ANKERS AND RAWLINGS DEVELOPMENTS LIMITED Shareholders

s.l. rawlings 15.85%
b.w. rawlings 15.85%
m.e.t. ankers 13.4%
s.s. rawlings 13.4%
t.t. ankers 10.57%
j.w. ankers 10.57%
the ankers family trust 8.71%
the jonathan ankers family trust 1.3%
the nicholas ankers family trust 1.3%
the timothy ankers family trust 1.3%

ankers and rawlings developments limited directors

Ankers And Rawlings Developments Limited currently has 6 directors. The longest serving directors include Mr Martyn Ankers (May 1991) and Mr Stuart Rawlings (May 1991).

officercountryagestartendrole
Mr Martyn Ankers72 years May 1991- Director
Mr Stuart Rawlings70 years May 1991- Director
Mr Benjamin RawlingsUnited Kingdom48 years Mar 2005- Director
Mr Johnathan Ankers44 years Mar 2005- Director
Mr Scott Rawlings49 years Mar 2005- Director
Mr Timothy AnkersUnited Kingdom43 years Apr 2013- Director

P&L

July 2023

turnover

19.9m

-29%

operating profit

6m

-15%

gross margin

46.5%

+30.95%

turnover

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

Balance Sheet

July 2023

net assets

109m

+0.06%

total assets

139.3m

+0.01%

cash

11m

+2.73%

net assets

Total assets minus all liabilities

ankers and rawlings developments limited company details

company number

01217177

Type

Private limited with Share Capital

industry

42990 - Construction of other civil engineering projects n.e.c.

41100 - Development of building projects

68209 - Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.

incorporation date

June 1975

age

49

incorporated

UK

accounts

Group

ultimate parent company

None

previous names

N/A

last accounts submitted

July 2023

address

22 ringwood road, ferndown, dorset, BH22 9AN

accountant

-

auditor

ALLIOTT WINGHAM LTD

ankers and rawlings 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 72 charges/mortgages relating to ankers and rawlings developments limited. Currently there are 2 open charges and 70 have been satisfied in the past.

charges

ankers and rawlings developments limited Companies House Filings - See Documents

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