stareet (builders) limited

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stareet (builders) limited Company Information

Share STAREET (BUILDERS) LIMITED
Live 
MatureMicroDeclining

Company Number

01305606

Website

-

Registered Address

45 humber doucy lane, ipswich, suffolk, IP4 3NR

Industry

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

 

Telephone

-

Next Accounts Due

December 2025

Group Structure

View All

Directors

Barbara Finbow33 Years

Peter Finbow33 Years

Shareholders

peter ernest finbow 75%

barbara grace finbow 25%

stareet (builders) limited Estimated Valuation

£15.2k

Pomanda estimates the enterprise value of STAREET (BUILDERS) LIMITED at £15.2k based on a Turnover of £6.2k and 2.47x industry multiple (adjusted for size and gross margin).

stareet (builders) limited Estimated Valuation

£0

Pomanda estimates the enterprise value of STAREET (BUILDERS) LIMITED at £0 based on an EBITDA of £-19.9k and a 5.63x industry multiple (adjusted for size and gross margin).

stareet (builders) limited Estimated Valuation

£329.6k

Pomanda estimates the enterprise value of STAREET (BUILDERS) LIMITED at £329.6k based on Net Assets of £203.5k and 1.62x industry multiple (adjusted for liquidity).

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Stareet (builders) Limited Overview

Stareet (builders) Limited is a live company located in suffolk, IP4 3NR with a Companies House number of 01305606. It operates in the other letting and operating of own or leased real estate sector, SIC Code 68209. Founded in March 1977, it's largest shareholder is peter ernest finbow with a 75% stake. Stareet (builders) Limited is a mature, micro sized company, Pomanda has estimated its turnover at £6.2k with declining growth in recent years.

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Stareet (builders) Limited Health Check

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

Health Check Image
Health Rating3out of 5
positive_score

3 Strong

positive_score

1 Regular

positive_score

8 Weak

size

Size

annual sales of £6.2k, make it smaller than the average company (£843.4k)

£6.2k - Stareet (builders) Limited

£843.4k - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -44%, show it is growing at a slower rate (4.3%)

-44% - Stareet (builders) Limited

4.3% - Industry AVG

production

Production

with a gross margin of 43.8%, this company has a higher cost of product (79.6%)

43.8% - Stareet (builders) Limited

79.6% - Industry AVG

profitability

Profitability

an operating margin of -323% make it less profitable than the average company (35.4%)

-323% - Stareet (builders) Limited

35.4% - Industry AVG

employees

Employees

with 1 employees, this is below the industry average (4)

1 - Stareet (builders) Limited

4 - Industry AVG

paystructure

Pay Structure

on an average salary of £32.5k, the company has an equivalent pay structure (£32.5k)

£32.5k - Stareet (builders) Limited

£32.5k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £6.2k, this is less efficient (£175k)

£6.2k - Stareet (builders) Limited

£175k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 58 days, this is later than average (29 days)

58 days - Stareet (builders) Limited

29 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 415 days, this is slower than average (38 days)

415 days - Stareet (builders) Limited

38 days - Industry AVG

stockdays

Stock Days

it holds stock equivalent to 8189 days, this is more than average (57 days)

8189 days - Stareet (builders) Limited

57 days - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 1700 weeks, this is more cash available to meet short term requirements (12 weeks)

1700 weeks - Stareet (builders) Limited

12 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 1.9%, this is a lower level of debt than the average (60.9%)

1.9% - Stareet (builders) Limited

60.9% - Industry AVG

STAREET (BUILDERS) LIMITED financials

EXPORTms excel logo

Stareet (Builders) Limited's latest turnover from March 2024 is estimated at £6.2 thousand and the company has net assets of £203.5 thousand. According to their latest financial statements, we estimate that Stareet (Builders) Limited has 1 employee and maintains cash reserves of £128.8 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Turnover6,1507,98834,29635,16936,480454,203402,429429,78611,76224,14712,24314,21414,03616,51816,034
Other Income Or Grants000000000000000
Cost Of Sales3,4595,33423,20123,11324,176303,803266,142274,8047,84316,9788,59310,0809,96911,60611,012
Gross Profit2,6922,65411,09512,05612,304150,401136,287154,9823,9197,1703,6504,1344,0674,9125,022
Admin Expenses22,55628,335-94,656814,089138,776129,720145,4378,3465,418-2,977-4,507-6,081-2,511-128,630
Operating Profit-19,864-25,681105,75112,048-1,78511,6256,5679,545-4,4271,7526,6278,64110,1487,423133,652
Interest Payable000000000000000
Interest Receivable6,7817,199886331400117395112122885723
Pre-Tax Profit-13,083-18,482106,63712,081-1,77111,6256,5679,556-4,3541,8476,7398,76310,2367,481133,675
Tax00-20,261-2,2950-2,209-1,248-1,9110-388-1,550-2,103-2,661-2,095-37,429
Profit After Tax-13,083-18,48286,3769,786-1,7719,4165,3197,645-4,3541,4595,1896,6607,5755,38696,246
Dividends Paid000000000000000
Retained Profit-13,083-18,48286,3769,786-1,7719,4165,3197,645-4,3541,4595,1896,6607,5755,38696,246
Employee Costs32,48930,37328,79253,66854,78554,11551,86751,10426,03226,00024,76623,88323,86823,25124,338
Number Of Employees111222221111111
EBITDA*-19,864-25,681105,75112,048-1,78511,6256,5679,545-4,1772,3157,0449,10110,6647,725133,874

* Earnings Before Interest, Tax, Depreciation and Amortisation

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Tangible Assets22222221633956456741,0911,551910667
Intangible Assets000000000000000
Investments & Other000000000000000
Debtors (Due After 1 year)000000000000000
Total Fixed Assets22222221633956456741,0911,551910667
Stock & work in progress77,60977,60977,609115,609115,609000115,609115,609115,609115,609115,609115,609115,609
Trade Debtors98900355341145,932135,889132,329001,2261,2261,2261,7961,796
Group Debtors000000000000000
Misc Debtors000000000000000
Cash128,805142,416196,37439,83527,0390008,66420,41717,50627,15821,62513,6359,276
misc current assets000000000000000
total current assets207,403220,025273,983155,799142,989145,932135,889132,329124,273136,026134,341143,993138,460131,040126,681
total assets207,405220,027273,985155,801142,991145,934135,891132,492124,668136,671135,015145,084140,011131,950127,348
Bank overdraft000000000000000
Bank loan000000000000000
Trade Creditors 3,9383,47738,9537,1454,1215,3934,7666,6866,34813,95213,75228,93630,43930,09030,940
Group/Directors Accounts000000000000000
other short term finances000000000000000
hp & lease commitments000000000000000
other current liabilities000000000000000
total current liabilities3,9383,47738,9537,1454,1215,3934,7666,6866,34813,95213,75228,93630,43930,09030,940
loans000000000000000
hp & lease commitments000000000000000
Accruals and Deferred Income000000000000000
other liabilities000000000000000
provisions000000005910410718126512862
total long term liabilities000000005910410718126512862
total liabilities3,9383,47738,9537,1454,1215,3934,7666,6866,40714,05613,85929,11730,70430,21831,002
net assets203,467216,550235,032148,656138,870140,541131,125125,806118,261122,615121,156115,967109,307101,73296,346
total shareholders funds203,467216,550235,032148,656138,870140,541131,125125,806118,261122,615121,156115,967109,307101,73296,346
Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Operating Activities
Operating Profit-19,864-25,681105,75112,048-1,78511,6256,5679,545-4,4271,7526,6278,64110,1487,423133,652
Depreciation00000000250563417460516302222
Amortisation000000000000000
Tax00-20,261-2,2950-2,209-1,248-1,9110-388-1,550-2,103-2,661-2,095-37,429
Stock00-38,0000115,60900-115,609000000115,609
Debtors9890-35514-145,59110,0433,560132,3290-1,22600-57001,796
Creditors461-35,47631,8083,024-1,272627-1,920338-7,604200-15,184-1,503349-85030,940
Accruals and Deferred Income000000000000000
Deferred Taxes & Provisions0000000-59-45-3-74-841376662
Cash flow from operations-20,392-61,157155,65312,76326,9250-161-8,807-11,8263,350-9,7645,4119,0594,84610,042
Investing Activities
capital expenditure0000001612320-53400-1,157-545-889
Change in Investments000000000000000
cash flow from investments0000001612320-53400-1,157-545-889
Financing Activities
Bank loans000000000000000
Group/Directors Accounts000000000000000
Other Short Term Loans 000000000000000
Long term loans000000000000000
Hire Purchase and Lease Commitments000000000000000
other long term liabilities000000000000000
share issue000010000-100000000100
interest6,7817,199886331400117395112122885723
cash flow from financing6,7817,1998863311400-8973951121228857123
cash and cash equivalents
cash-13,611-53,958156,53912,79627,03900-8,664-11,7532,911-9,6525,5337,9904,3599,276
overdraft000000000000000
change in cash-13,611-53,958156,53912,79627,03900-8,664-11,7532,911-9,6525,5337,9904,3599,276

stareet (builders) 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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Stareet (builders) Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for stareet (builders) limited by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other micro companies, companies in IP4 area or any other competitors across 12 key performance metrics.

stareet (builders) limited Ownership

STAREET (BUILDERS) LIMITED group structure

Stareet (Builders) Limited has no subsidiary companies.

Ultimate parent company

STAREET (BUILDERS) LIMITED

01305606

STAREET (BUILDERS) LIMITED Shareholders

peter ernest finbow 75%
barbara grace finbow 25%

stareet (builders) limited directors

Stareet (Builders) Limited currently has 2 directors. The longest serving directors include Ms Barbara Finbow (Sep 1991) and Mr Peter Finbow (Sep 1991).

officercountryagestartendrole
Ms Barbara Finbow85 years Sep 1991- Director
Mr Peter Finbow86 years Sep 1991- Director

P&L

March 2024

turnover

6.2k

-23%

operating profit

-19.9k

0%

gross margin

43.8%

+31.7%

turnover

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

Balance Sheet

March 2024

net assets

203.5k

-0.06%

total assets

207.4k

-0.06%

cash

128.8k

-0.1%

net assets

Total assets minus all liabilities

stareet (builders) limited company details

company number

01305606

Type

Private limited with Share Capital

industry

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

March 1977

age

47

incorporated

UK

ultimate parent company

None

accounts

Unaudited Abridged

last accounts submitted

March 2024

previous names

N/A

accountant

ALS ACCOUNTANCY SERVICES

auditor

-

address

45 humber doucy lane, ipswich, suffolk, IP4 3NR

Bank

LLOYDS TSB BANK PLC

Legal Advisor

-

stareet (builders) 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 14 charges/mortgages relating to stareet (builders) limited. Currently there are 9 open charges and 5 have been satisfied in the past.

charges

stareet (builders) limited Companies House Filings - See Documents

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