Carmichael Property Developments Limited

POWER SEARCH PRICING

SOLUTIONS

carmichael property developments limited Company Information

Company Number

01568094

Next Accounts

Jun 2025

Directors

Ashley Carmichael

Adrienne Carmichael

View All

Shareholders

ashley a. carmichael

adrienne p. carmichael

View All

Group Structure

View All

Industry

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

Registered Address

carmichael house, the green, inkberrow, worcester, WR7 4DZ

Website

http://specialisedsecurity.co.uk

carmichael property developments limited Estimated Valuation

£2.9m

Pomanda estimates the enterprise value of CARMICHAEL PROPERTY DEVELOPMENTS LIMITED at £2.9m based on an EBITDA of £627.3k and a 4.68x industry multiple (adjusted for size and gross margin).

Edit your figures and get a professional valuation report.

Carmichael Property Developments Limited is a live company located in inkberrow, WR7 4DZ with a Companies House number of 01568094. It operates in the other letting and operating of own or leased real estate sector, SIC Code 68209. Founded in June 1981, it's largest shareholder is ashley a. carmichael with a 25% stake. Carmichael Property Developments Limited is a mature, micro sized company, Pomanda has estimated its turnover at £278.2k with healthy growth in recent years.

View Sample

Upgrade for unlimited company reports & a free credit check

Pomanda's financial health check has awarded Carmichael Property Developments Limited a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 6 areas for improvement. Company Health Check FAQs

Health Rating4.5out of 5

5 Strong

1 Regular

6 Weak

Size

annual sales of £278.2k, make it smaller than the average company (£854k)

Growth

3 year (CAGR) sales growth of 10%, show it is growing at a faster rate (2.8%)

EXPORT

Carmichael Property Developments Limited's latest turnover from September 2023 is estimated at £278.2 thousand and the company has net assets of £1.6 million. According to their latest financial statements, Carmichael Property Developments Limited has 1 employee and maintains cash reserves of £87.5 thousand as reported in the balance sheet.

Data source: Companies House, Pomanda Estimates

	Sep 2023	Sep 2022	Sep 2021	Sep 2020	Sep 2019	Sep 2018	Sep 2017	Sep 2016	Sep 2015	Sep 2014	Sep 2013	Sep 2012	Sep 2011	Sep 2010	Sep 2009
Turnover	278,155	156,054	209,220	210,456	193,840	124,379	113,256	657,936	189,602	502,564	207,637	284,105	205,570	148,699
Other Income Or Grants
Cost Of Sales	197,993	112,538	154,354	151,076	138,099	87,467	76,941	443,423	134,940	365,133	154,285	208,737	149,914	104,378
Gross Profit	80,162	43,516	54,866	59,380	55,740	36,912	36,315	214,512	54,662	137,431	53,352	75,368	55,656	44,321
Admin Expenses	-536,960	-88,753	-61,922	-39,753	-21,909	2,143	-61,405	136,696	11,542	124,909	-17,662	3,761	5,455	27,436	-432,979
Operating Profit	617,122	132,269	116,788	99,133	77,649	34,769	97,720	77,816	43,120	12,522	71,014	71,607	50,201	16,885	432,979
Interest Payable	55,702	56,752	20,981			27,077	49,060	36,037	12,530		393	393
Interest Receivable	4,988	2,355	114	116	733	779	651	634	735	943	796	601	846	1,047	488
Pre-Tax Profit	566,408	77,873	95,921	99,249	78,383	8,472	49,311	42,414	31,325	13,465	71,417	71,814	51,047	17,932	433,467
Tax	-141,602	-14,796	-18,225	-18,857	-14,893	-1,610	-9,369	-8,483	-6,265	-2,828	-16,426	-17,235	-13,272	-5,021	-121,371
Profit After Tax	424,806	63,077	77,696	80,392	63,490	6,862	39,942	33,931	25,060	10,637	54,991	54,579	37,775	12,911	312,096
Dividends Paid
Retained Profit	424,806	63,077	77,696	80,392	63,490	6,862	39,942	33,931	25,060	10,637	54,991	54,579	37,775	12,911	312,096
Employee Costs	31,920	30,578	56,801	55,306	57,185	54,743	25,939	52,935	26,474	50,675	24,176	24,411	23,927	24,491
Number Of Employees	1	1	2	2	2	2	1	2	1	2	1	1	1	1
EBITDA*	627,334	145,886	134,945	116,950	81,387	34,769	104,366	86,674	67,165	32,232	97,292	106,644	70,901	44,483	439,341

* Earnings Before Interest, Tax, Depreciation and Amortisation

	Sep 2023	Sep 2022	Sep 2021	Sep 2020	Sep 2019	Sep 2018	Sep 2017	Sep 2016	Sep 2015	Sep 2014	Sep 2013	Sep 2012	Sep 2011	Sep 2010	Sep 2009
Tangible Assets	1,378,978	1,200,879	1,214,496	1,213,481	1,171,242	1,174,980	1,115,037	1,121,683	1,167,233	1,079,227	1,068,922	1,095,200	1,052,182	711,897	642,554
Intangible Assets												9,555	9,555	9,555	9,555
Investments & Other	5,633	18,500	18,500	18,500	18,500	18,500	18,500	18,500	18,500	12,500	12,500	12,500	25,000	25,000	25,000
Debtors (Due After 1 year)
Total Fixed Assets	1,384,611	1,219,379	1,232,996	1,231,981	1,189,742	1,193,480	1,133,537	1,140,183	1,185,733	1,091,727	1,081,422	1,117,255	1,086,737	746,452	677,109
Stock & work in progress	1,157,698	1,031,554	928,177	815,134	683,483	687,076	755,862	23,259	18,559
Trade Debtors	33,034	14,448	36,597	34,189	32,127	14,663	16,180	161,041	33,984	71,206	8,726	29,029	13,683	10,737	9,017
Group Debtors
Misc Debtors
Cash	87,538	102,496	106,834	121,820	110,647	84,925	122,904	397,517	109,756	184,265	192,875	125,676	114,566	223,945	195,000
misc current assets
total current assets	1,278,270	1,148,498	1,071,608	971,143	826,257	786,664	894,946	581,817	162,299	255,471	201,601	154,705	128,249	234,682	204,017
total assets	2,662,881	2,367,877	2,304,604	2,203,124	2,015,999	1,980,144	2,028,483	1,722,000	1,348,032	1,347,198	1,283,023	1,271,960	1,214,986	981,134	881,126
Bank overdraft
Bank loan
Trade Creditors	695,574	369,869	305,320	244,511	188,182	188,386	212,926	83,886	163,578	549,451	473,004	492,564	471,207	397,625	310,528
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
total current liabilities	695,574	369,869	305,320	244,511	188,182	188,386	212,926	83,886	163,578	549,451	473,004	492,564	471,207	397,625	310,528
loans	302,360	687,897	687,897				802,276	767,632	385,537			12,104
hp & lease commitments
Accruals and Deferred Income
other liabilities	108,200	178,170	242,523	967,445	917,041	944,472	172,857	70,000	32,366	56,256	79,165	91,429	122,495
provisions
total long term liabilities	410,560	866,067	930,420	967,445	917,041	944,472	975,133	837,632	417,903	56,256	79,165	103,533	122,495
total liabilities	1,106,134	1,235,936	1,235,740	1,211,956	1,105,223	1,132,858	1,188,059	921,518	581,481	605,707	552,169	596,097	593,702	397,625	310,528
net assets	1,556,747	1,131,941	1,068,864	991,168	910,776	847,286	840,424	800,482	766,551	741,491	730,854	675,863	621,284	583,509	570,598
total shareholders funds	1,556,747	1,131,941	1,068,864	991,168	910,776	847,286	840,424	800,482	766,551	741,491	730,854	675,863	621,284	583,509	570,598

	Sep 2023	Sep 2022	Sep 2021	Sep 2020	Sep 2019	Sep 2018	Sep 2017	Sep 2016	Sep 2015	Sep 2014	Sep 2013	Sep 2012	Sep 2011	Sep 2010	Sep 2009
Operating Activities
Operating Profit	617,122	132,269	116,788	99,133	77,649	34,769	97,720	77,816	43,120	12,522	71,014	71,607	50,201	16,885	432,979
Depreciation	10,212	13,617	18,157	17,817	3,738		6,646	8,858	24,045	19,710	26,278	35,037	20,700	27,598	6,362
Amortisation
Tax	-141,602	-14,796	-18,225	-18,857	-14,893	-1,610	-9,369	-8,483	-6,265	-2,828	-16,426	-17,235	-13,272	-5,021	-121,371
Stock	126,144	103,377	113,043	131,651	-3,593	-68,786	732,603	4,700	18,559
Debtors	18,586	-22,149	2,408	2,062	17,464	-1,517	-144,861	127,057	-37,222	62,480	-20,303	15,346	2,946	1,720	9,017
Creditors	325,705	64,549	60,809	56,329	-204	-24,540	129,040	-79,692	-385,873	76,447	-19,560	21,357	73,582	87,097	310,528
Accruals and Deferred Income
Deferred Taxes & Provisions
Cash flow from operations	666,707	114,411	62,078	20,709	52,419	78,922	-363,705	-133,258	-306,310	43,371	81,609	95,420	128,265	124,839	619,481
Investing Activities
capital expenditure	-188,311		-19,172	-60,056		-59,943		36,692	-112,051	-30,015	9,555	-78,055	-360,985	-96,941	-658,471
Change in Investments	-12,867								6,000			-12,500			25,000
cash flow from investments	-175,444		-19,172	-60,056		-59,943		36,692	-118,051	-30,015	9,555	-65,555	-360,985	-96,941	-683,471
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans	-385,537		687,897			-802,276	34,644	382,095	385,537		-12,104	12,104
Hire Purchase and Lease Commitments
other long term liabilities	-69,970	-64,353	-724,922	50,404	-27,431	771,615	102,857	37,634	-23,890	-22,909	-12,264	-31,066	122,495
share issue															258,502
interest	-50,714	-54,397	-20,867	116	733	-26,298	-48,409	-35,403	-11,795	943	403	208	846	1,047	488
cash flow from financing	-506,221	-118,750	-57,892	50,520	-26,698	-56,959	89,092	384,326	349,852	-21,966	-23,965	-18,754	123,341	1,047	258,990
cash and cash equivalents
cash	-14,958	-4,338	-14,986	11,173	25,722	-37,979	-274,613	287,761	-74,509	-8,610	67,199	11,110	-109,379	28,945	195,000
overdraft
change in cash	-14,958	-4,338	-14,986	11,173	25,722	-37,979	-274,613	287,761	-74,509	-8,610	67,199	11,110	-109,379	28,945	195,000

Very Low Risk70 - 100

Low Risk50 - 70

Moderate Risk30 - 50

High Risk20 - 30

Very High Risk0 - 20

Get a comprehensive credit check for carmichael property developments limited. Get real-time insights into carmichael property developments limited's credit score, group structure and payment trends.

From as little as £6.99

This will not impact your credit rating!

View Credit Report Sample

Perform a competitor analysis for carmichael property developments limited by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other micro companies, companies in WR7 area or any other competitors across 12 key performance metrics.

CARMICHAEL PROPERTY DEVELOPMENTS LIMITED group structure

Carmichael Property Developments Limited has 1 subsidiary company.

Ultimate parent company

CARMICHAEL PROPERTY DEVELOPMENTS LIMITED

01568094

1 subsidiary

CARMICHAEL PROPERTY RENTALS LIMITED

15890794

CARMICHAEL PROPERTY DEVELOPMENTS LIMITED Shareholders

ashley a. carmichael	25.02%
adrienne p. carmichael	25.02%
jolyon carmichael	24.98%
tristan carmichael	24.98%

Carmichael Property Developments Limited currently has 4 directors. The longest serving directors include Mr Ashley Carmichael (Sep 1992) and Mrs Adrienne Carmichael (Mar 1997).

officer	country	age	start	end	role
Mr Ashley Carmichael		79 years	Sep 1992	-	Director
Mrs Adrienne Carmichael	England	76 years	Mar 1997	-	Director
Mr Jolyon Carmichael	England	46 years	Jul 2020	-	Director
Mr Tristan Carmichael	England	43 years	Jul 2020	-	Director

P&L

September 2023

turnover

278.2k

+78%

operating profit

617.1k

gross margin

28.9%

+3.35%

turnover

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

Balance Sheet

September 2023

net assets

1.6m

+0.38%

total assets

2.7m

+0.12%

cash

87.5k

-0.15%

net assets

Total assets minus all liabilities

Similar Companies

genco a.m. limited

dewpark properties limited

4.5

ppp leasing limited

starcross building limited

church court cottages prestbury limited

1.5

company number

01568094

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

June 1981

ultimate parent company

None

previous names

specialised security systems limited (June 1989)

address

carmichael house, the green, inkberrow, worcester, WR7 4DZ

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 5 charges/mortgages relating to carmichael property developments limited. Currently there are 4 open charges and 1 have been satisfied in the past.

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 CARMICHAEL PROPERTY DEVELOPMENTS LIMITED. This can take several minutes, an email will notify you when this has completed.

carmichael property developments limited Company Information

carmichael property developments limited Estimated Valuation

carmichael property developments limited Estimated Valuation

carmichael property developments limited Estimated Valuation

Carmichael Property Developments Limited Overview

Carmichael Property Developments Limited Health Check

CARMICHAEL PROPERTY DEVELOPMENTS LIMITED financials

carmichael property developments limited Credit Report and Business Information

Carmichael Property Developments Limited Competitor Analysis

carmichael property developments limited Ownership

carmichael property developments limited directors

carmichael property developments limited company details

carmichael property developments limited Charges & Mortgages

carmichael property developments limited Capital Raised & Share Issues BETA

carmichael property developments limited Companies House Filings - See Documents