has developments ltd

3.5

has developments ltd Company Information

Share HAS DEVELOPMENTS LTD
Live 
MatureMicroLow

Company Number

01568146

Registered Address

sherwood house, 41 queens road, farnborough, hants, GU14 6JP

Industry

Buying and selling of own real estate

 

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

March 2025

Group Structure

View All

Directors

Alexis Gould33 Years

George Gould33 Years

Shareholders

george edward gould 45.1%

alexis senga margaret gould 45.1%

View All

has developments ltd Estimated Valuation

£1m

Pomanda estimates the enterprise value of HAS DEVELOPMENTS LTD at £1m based on a Turnover of £369.1k and 2.82x industry multiple (adjusted for size and gross margin).

has developments ltd Estimated Valuation

£432.8k

Pomanda estimates the enterprise value of HAS DEVELOPMENTS LTD at £432.8k based on an EBITDA of £67.9k and a 6.37x industry multiple (adjusted for size and gross margin).

has developments ltd Estimated Valuation

£1.6m

Pomanda estimates the enterprise value of HAS DEVELOPMENTS LTD at £1.6m based on Net Assets of £1.5m and 1.11x industry multiple (adjusted for liquidity).

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Has Developments Ltd Overview

Has Developments Ltd is a live company located in farnborough, GU14 6JP with a Companies House number of 01568146. It operates in the buying and selling of own real estate sector, SIC Code 68100. Founded in June 1981, it's largest shareholder is george edward gould with a 45.1% stake. Has Developments Ltd is a mature, micro sized company, Pomanda has estimated its turnover at £369.1k with low growth in recent years.

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Has Developments Ltd Health Check

Pomanda's financial health check has awarded Has Developments Ltd a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 4 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating3.5out of 5
positive_score

2 Strong

positive_score

3 Regular

positive_score

4 Weak

size

Size

annual sales of £369.1k, make it smaller than the average company (£852.5k)

£369.1k - Has Developments Ltd

£852.5k - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 0%, show it is growing at a slower rate (2.3%)

0% - Has Developments Ltd

2.3% - Industry AVG

production

Production

with a gross margin of 72.1%, this company has a comparable cost of product (72.1%)

72.1% - Has Developments Ltd

72.1% - Industry AVG

profitability

Profitability

an operating margin of 18.3% make it less profitable than the average company (28.1%)

18.3% - Has Developments Ltd

28.1% - Industry AVG

employees

Employees

with 2 employees, this is below the industry average (4)

2 - Has Developments Ltd

4 - Industry AVG

paystructure

Pay Structure

on an average salary of £34.2k, the company has an equivalent pay structure (£34.2k)

£34.2k - Has Developments Ltd

£34.2k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £184.6k, this is equally as efficient (£184.6k)

£184.6k - Has Developments Ltd

£184.6k - Industry AVG

debtordays

Debtor Days

There is insufficient data available for this Key Performance Indicator!

- - Has Developments Ltd

- - Industry AVG

creditordays

Creditor Days

There is insufficient data available for this Key Performance Indicator!

- - Has Developments Ltd

- - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Has Developments Ltd

- - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 33 weeks, this is more cash available to meet short term requirements (11 weeks)

33 weeks - Has Developments Ltd

11 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 22.7%, this is a lower level of debt than the average (64.6%)

22.7% - Has Developments Ltd

64.6% - Industry AVG

HAS DEVELOPMENTS LTD financials

EXPORTms excel logo

Has Developments Ltd's latest turnover from June 2023 is estimated at £369.1 thousand and the company has net assets of £1.5 million. According to their latest financial statements, Has Developments Ltd has 2 employees and maintains cash reserves of £23.8 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Jun 2023Jun 2022Jun 2021Jun 2020Jun 2019Jun 2018Jun 2017Jun 2016Jun 2015Jun 2014Jun 2013Jun 2012Jun 2011Jun 2010
Turnover369,113347,503322,427364,379367,554336,992328,4900129,89279,03943,161616,294515,6911,755,643
Other Income Or Grants00000000000000
Cost Of Sales103,156100,98291,952104,005107,66196,35793,229043,70429,90915,317217,884174,784605,247
Gross Profit265,957246,521230,475260,374259,893240,635235,261086,18849,13027,844398,410340,9071,150,395
Admin Expenses198,457192,136178,063282,801209,691197,433163,387-81,052521-29,701-4,070344,579314,354755,930
Operating Profit67,50054,38552,412-22,42750,20243,20271,87481,05285,66778,83131,91453,83126,553394,465
Interest Payable00000007,78917,02818,93024,21314,52210,71710,717
Interest Receivable1,2163512314816435585036129138145123
Pre-Tax Profit68,71654,73652,436-22,41350,28343,26571,91073,32068,68959,9377,83039,44715,981383,871
Tax-17,179-10,400-9,9630-9,554-8,220-13,663-14,664-13,738-12,587-1,801-9,467-4,155-107,484
Profit After Tax51,53744,33642,473-22,41340,72935,04558,24758,65654,95147,3506,02929,98011,826276,387
Dividends Paid00000000000000
Retained Profit51,53744,33642,473-22,41340,72935,04558,24758,65654,95147,3506,02929,98011,826276,387
Employee Costs68,43966,99763,43166,79067,30165,26561,041031,10430,94329,583115,85986,386326,218
Number Of Employees222222201114311
EBITDA*67,94054,93553,100-21,91550,84243,76372,57581,78386,58179,88232,51556,83327,492395,638

* Earnings Before Interest, Tax, Depreciation and Amortisation

Jun 2023Jun 2022Jun 2021Jun 2020Jun 2019Jun 2018Jun 2017Jun 2016Jun 2015Jun 2014Jun 2013Jun 2012Jun 2011Jun 2010
Tangible Assets1,7612,2012,7512,0492,5612,2442,8052,9233,6544,2062,4013,0023,7534,692
Intangible Assets00000000000000
Investments & Other1,857,1791,857,1791,857,1791,857,1791,857,1791,857,1791,857,1791,857,1791,857,1791,857,1791,519,9651,392,7831,390,857371,123
Debtors (Due After 1 year)00000000000000
Total Fixed Assets1,858,9401,859,3801,859,9301,859,2281,859,7401,859,4231,859,9841,860,1021,860,8331,861,3851,522,3661,395,7851,394,610375,815
Stock & work in progress00000000000000
Trade Debtors0000000000000201,144
Group Debtors00000000000000
Misc Debtors00000000000000
Cash23,80224,83631,29415,69212,0059,60715,84312,48110,5679,2405,06746,3948,73149,067
misc current assets00000000000000
total current assets23,80224,83631,29415,69212,0059,60715,84312,48110,5679,2405,06746,3948,731250,211
total assets1,882,7421,884,2161,891,2241,874,9201,871,7451,869,0301,875,8271,872,5831,871,4001,870,6251,527,4331,442,1791,403,341626,026
Bank overdraft00000000000000
Bank loan00000000000000
Trade Creditors 0000000044,58224,12113,978207,563192,7404,889
Group/Directors Accounts00000000000000
other short term finances00000000000000
hp & lease commitments00000000000000
other current liabilities37,46936,41136,59133,13932,22629,34039,35254,753000000
total current liabilities37,46936,41136,59133,13932,22629,34039,35254,75344,58224,12113,978207,563192,7404,889
loans00000000239,666284,262298,196446,8260329,750
hp & lease commitments00000000000000
Accruals and Deferred Income00000000000000
other liabilities322,050376,119427,283456,904432,229473,129504,959544,561372,539402,580440,16118,721471,5120
provisions68,47368,47368,47368,47368,47368,47382,48493,325000000
total long term liabilities390,523444,592495,756525,377500,702541,602587,443637,886612,205686,842738,357465,547471,512329,750
total liabilities427,992481,003532,347558,516532,928570,942626,795692,639656,787710,963752,335673,110664,252334,639
net assets1,454,7501,403,2131,358,8771,316,4041,338,8171,298,0881,249,0321,179,9441,214,6131,159,662775,098769,069739,089291,387
total shareholders funds1,454,7501,403,2131,358,8771,316,4041,338,8171,298,0881,249,0321,179,9441,214,6131,159,662775,098769,069739,089291,387
Jun 2023Jun 2022Jun 2021Jun 2020Jun 2019Jun 2018Jun 2017Jun 2016Jun 2015Jun 2014Jun 2013Jun 2012Jun 2011Jun 2010
Operating Activities
Operating Profit67,50054,38552,412-22,42750,20243,20271,87481,05285,66778,83131,91453,83126,553394,465
Depreciation4405506885126405617017319141,0516013,0029391,173
Amortisation00000000000000
Tax-17,179-10,400-9,9630-9,554-8,220-13,663-14,664-13,738-12,587-1,801-9,467-4,155-107,484
Stock00000000000000
Debtors000000000000-201,144201,144
Creditors0000000-44,58220,46110,143-193,58514,823187,8514,889
Accruals and Deferred Income1,058-1803,4529132,886-10,012-15,40154,753000000
Deferred Taxes & Provisions00000-14,011-10,84193,325000000
Cash flow from operations51,81944,35546,589-21,00244,17411,52032,670170,61593,30477,438-162,87162,189412,33291,899
Investing Activities
capital expenditure00-1,3900-9570-5830-362-2,8560-2,2510-5,865
Change in Investments000000000337,214127,1821,9261,019,734371,123
cash flow from investments00-1,3900-9570-5830-362-340,070-127,182-4,177-1,019,734-376,988
Financing Activities
Bank loans00000000000000
Group/Directors Accounts00000000000000
Other Short Term Loans 00000000000000
Long term loans0000000-239,666-44,596-13,934-148,630446,826-329,750329,750
Hire Purchase and Lease Commitments00000000000000
other long term liabilities-54,069-51,164-29,62124,675-40,900-31,830-39,602172,022-30,041-37,581421,440-452,791471,5120
share issue0000014,01110,841-93,3250337,21400435,87615,000
interest1,2163512314816435-7,731-16,978-18,894-24,084-14,384-10,572-10,594
cash flow from financing-52,853-50,813-29,59824,689-40,819-17,755-28,726-168,700-91,615266,805248,726-20,349567,066334,156
cash and cash equivalents
cash-1,034-6,45815,6023,6872,398-6,2363,3621,9141,3274,173-41,32737,663-40,33649,067
overdraft00000000000000
change in cash-1,034-6,45815,6023,6872,398-6,2363,3621,9141,3274,173-41,32737,663-40,33649,067

has developments ltd 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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Has Developments Ltd Competitor Analysis

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competitor_analysis_table_img

Perform a competitor analysis for has developments ltd by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other micro companies, companies in GU14 area or any other competitors across 12 key performance metrics.

has developments ltd Ownership

HAS DEVELOPMENTS LTD group structure

Has Developments Ltd has no subsidiary companies.

Ultimate parent company

HAS DEVELOPMENTS LTD

01568146

HAS DEVELOPMENTS LTD Shareholders

george edward gould 45.07%
alexis senga margaret gould 45.07%
nathan alexander gould 4.93%
georgina janet margaret gould 4.93%

has developments ltd directors

Has Developments Ltd currently has 2 directors. The longest serving directors include Mrs Alexis Gould (Jul 1991) and Mr George Gould (Jul 1991).

officercountryagestartendrole
Mrs Alexis GouldEngland69 years Jul 1991- Director
Mr George Gould80 years Jul 1991- Director

P&L

June 2023

turnover

369.1k

+6%

operating profit

67.5k

0%

gross margin

72.1%

+1.57%

turnover

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

Balance Sheet

June 2023

net assets

1.5m

+0.04%

total assets

1.9m

0%

cash

23.8k

-0.04%

net assets

Total assets minus all liabilities

has developments ltd company details

company number

01568146

Type

Private limited with Share Capital

industry

68100 - Buying and selling of own real estate

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

age

43

incorporated

UK

accounts

Total Exemption Full

ultimate parent company

None

previous names

hampshire auto salvage limited (May 2010)

last accounts submitted

June 2023

address

sherwood house, 41 queens road, farnborough, hants, GU14 6JP

accountant

JONES & CO

auditor

-

has developments ltd 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 8 charges/mortgages relating to has developments ltd. Currently there are 6 open charges and 2 have been satisfied in the past.

charges

has developments ltd Companies House Filings - See Documents

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