old school (totnes) development and management company limited(the)
old school (totnes) development and management company limited(the) Company Information
Company Number
01699972
Website
theoldschool.org.ukRegistered Address
flat 1 the old school, flat 1 the old school, totnes, TQ9 5NZ
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 2024
Group Structure
View All
Shareholders
nicola solomon 12.5%
graham hayman 12.5%
View Allold school (totnes) development and management company limited(the) Estimated Valuation
Pomanda estimates the enterprise value of OLD SCHOOL (TOTNES) DEVELOPMENT AND MANAGEMENT COMPANY LIMITED(THE) at £60.2k based on a Turnover of £26.5k and 2.27x industry multiple (adjusted for size and gross margin).
old school (totnes) development and management company limited(the) Estimated Valuation
Pomanda estimates the enterprise value of OLD SCHOOL (TOTNES) DEVELOPMENT AND MANAGEMENT COMPANY LIMITED(THE) at £0 based on an EBITDA of £-680 and a 5.18x industry multiple (adjusted for size and gross margin).
old school (totnes) development and management company limited(the) Estimated Valuation
Pomanda estimates the enterprise value of OLD SCHOOL (TOTNES) DEVELOPMENT AND MANAGEMENT COMPANY LIMITED(THE) at £4.7k based on Net Assets of £2.9k and 1.62x industry multiple (adjusted for liquidity).
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Old School (totnes) Development And Management Company Limited(the) Overview
Old School (totnes) Development And Management Company Limited(the) is a live company located in totnes, TQ9 5NZ with a Companies House number of 01699972. It operates in the other letting and operating of own or leased real estate sector, SIC Code 68209. Founded in February 1983, it's largest shareholder is nicola solomon with a 12.5% stake. Old School (totnes) Development And Management Company Limited(the) is a mature, micro sized company, Pomanda has estimated its turnover at £26.5k with rapid growth in recent years.
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Old School (totnes) Development And Management Company Limited(the) Health Check
Pomanda's financial health check has awarded Old School (Totnes) Development And Management Company Limited(The) a 2 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 6 areas for improvement. Company Health Check FAQs
2 Strong
2 Regular
6 Weak
Size
annual sales of £26.5k, make it smaller than the average company (£797.6k)
- Old School (totnes) Development And Management Company Limited(the)
£797.6k - Industry AVG
Growth
3 year (CAGR) sales growth of 47%, show it is growing at a faster rate (1.9%)
- Old School (totnes) Development And Management Company Limited(the)
1.9% - Industry AVG
Production
with a gross margin of 33.5%, this company has a higher cost of product (75.4%)
- Old School (totnes) Development And Management Company Limited(the)
75.4% - Industry AVG
Profitability
an operating margin of -2.6% make it less profitable than the average company (36.9%)
- Old School (totnes) Development And Management Company Limited(the)
36.9% - Industry AVG
Employees
with 1 employees, this is below the industry average (4)
- Old School (totnes) Development And Management Company Limited(the)
4 - Industry AVG
Pay Structure
on an average salary of £30.4k, the company has an equivalent pay structure (£30.4k)
- Old School (totnes) Development And Management Company Limited(the)
£30.4k - Industry AVG
Efficiency
resulting in sales per employee of £26.5k, this is less efficient (£168.7k)
- Old School (totnes) Development And Management Company Limited(the)
£168.7k - Industry AVG
Debtor Days
it gets paid by customers after 96 days, this is later than average (31 days)
- Old School (totnes) Development And Management Company Limited(the)
31 days - Industry AVG
Creditor Days
its suppliers are paid after 101 days, this is slower than average (37 days)
- Old School (totnes) Development And Management Company Limited(the)
37 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Old School (totnes) Development And Management Company Limited(the)
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Old School (totnes) Development And Management Company Limited(the)
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 62.9%, this is a similar level of debt than the average (63.2%)
62.9% - Old School (totnes) Development And Management Company Limited(the)
63.2% - Industry AVG
OLD SCHOOL (TOTNES) DEVELOPMENT AND MANAGEMENT COMPANY LIMITED(THE) financials
Old School (Totnes) Development And Management Company Limited(The)'s latest turnover from March 2023 is estimated at £26.5 thousand and the company has net assets of £2.9 thousand. According to their latest financial statements, we estimate that Old School (Totnes) Development And Management Company Limited(The) has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 9,280 | 5,280 | 5,280 | |||||||||||
| Other Income Or Grants | ||||||||||||||
| Cost Of Sales | ||||||||||||||
| Gross Profit | ||||||||||||||
| Admin Expenses | ||||||||||||||
| Operating Profit | -4,973 | 2,757 | 1,047 | |||||||||||
| Interest Payable | 83 | 71 | 106 | |||||||||||
| Interest Receivable | 0 | 0 | 0 | |||||||||||
| Pre-Tax Profit | -2,973 | 2,757 | 1,047 | |||||||||||
| Tax | 0 | 0 | 0 | |||||||||||
| Profit After Tax | -2,973 | 2,757 | 1,047 | |||||||||||
| Dividends Paid | 0 | 0 | 0 | |||||||||||
| Retained Profit | -2,973 | 2,757 | 1,047 | |||||||||||
| Employee Costs | ||||||||||||||
| Number Of Employees | ||||||||||||||
| EBITDA* | -4,945 | 2,793 | 1,091 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 30 | 37 | 46 | 57 | 71 | 89 | 111 | 139 | 174 | 217 | 91 | 114 | 142 | 178 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 30 | 37 | 46 | 57 | 71 | 89 | 111 | 139 | 174 | 217 | 91 | 114 | 142 | 178 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 7,028 | 2,733 | 3,376 | 2,104 | 2,458 | 1,481 | 5,341 | 650 | 610 | 589 | 0 | 0 | 0 | 40 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 740 | 1,256 | 1,282 | 982 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 4,191 | 2,368 | 1,256 | 3,823 | 263 | 4,709 | 1,858 |
| misc current assets | 0 | 0 | 0 | 0 | 646 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 7,768 | 3,989 | 4,658 | 3,086 | 3,104 | 1,481 | 5,341 | 4,841 | 2,978 | 1,845 | 3,823 | 263 | 4,709 | 1,898 |
| total assets | 7,798 | 4,026 | 4,704 | 3,143 | 3,175 | 1,570 | 5,452 | 4,980 | 3,152 | 2,062 | 3,914 | 377 | 4,851 | 2,076 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 4,905 | 453 | 433 | 433 | 515 | 446 | 463 | 1,058 | 612 | 548 | 454 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 937 | 438 | 420 |
| total current liabilities | 4,905 | 453 | 433 | 433 | 515 | 446 | 463 | 1,058 | 612 | 548 | 454 | 937 | 438 | 420 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 4,905 | 453 | 433 | 433 | 515 | 446 | 463 | 1,058 | 612 | 548 | 454 | 937 | 438 | 420 |
| net assets | 2,893 | 3,573 | 4,271 | 2,710 | 2,660 | 1,124 | 4,989 | 3,922 | 2,540 | 1,514 | 3,460 | -560 | 4,413 | 1,656 |
| total shareholders funds | 2,893 | 3,573 | 4,271 | 2,710 | 2,660 | 1,124 | 4,989 | 3,922 | 2,540 | 1,514 | 3,460 | -560 | 4,413 | 1,656 |
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||||
| Operating Profit | -4,973 | 2,757 | 1,047 | |||||||||||
| Depreciation | 35 | 43 | 54 | 23 | 28 | 36 | 44 | |||||||
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||||
| Tax | 0 | 0 | 0 | |||||||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 3,779 | -669 | 1,572 | 628 | 977 | -3,860 | 4,691 | 40 | 21 | 589 | 0 | 0 | -40 | 40 |
| Creditors | 4,452 | 20 | 0 | -82 | 69 | -17 | -595 | 446 | 64 | 94 | 454 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -937 | 499 | 18 | 420 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | -4,446 | 2,851 | 1,471 | |||||||||||
| Investing Activities | ||||||||||||||
| capital expenditure | ||||||||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | ||||||||||||||
| Financing Activities | ||||||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||||||||||
| interest | -83 | -71 | -106 | |||||||||||
| cash flow from financing | -2,083 | -71 | 503 | |||||||||||
| cash and cash equivalents | ||||||||||||||
| cash | 0 | 0 | 0 | 0 | 0 | 0 | -4,191 | 1,823 | 1,112 | -2,567 | 3,560 | -4,446 | 2,851 | 1,858 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 0 | 0 | 0 | 0 | 0 | 0 | -4,191 | 1,823 | 1,112 | -2,567 | 3,560 | -4,446 | 2,851 | 1,858 |
old school (totnes) development and management company limited(the) Credit Report and Business Information
Old School (totnes) Development And Management Company Limited(the) Competitor Analysis
Perform a competitor analysis for old school (totnes) development and management company limited(the) by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other micro companies, companies in TQ9 area or any other competitors across 12 key performance metrics.
old school (totnes) development and management company limited(the) Ownership
OLD SCHOOL (TOTNES) DEVELOPMENT AND MANAGEMENT COMPANY LIMITED(THE) group structure
Old School (Totnes) Development And Management Company Limited(The) has no subsidiary companies.
Ultimate parent company
OLD SCHOOL (TOTNES) DEVELOPMENT AND MANAGEMENT COMPANY LIMITED(THE)
01699972
old school (totnes) development and management company limited(the) directors
Old School (Totnes) Development And Management Company Limited(The) currently has 3 directors. The longest serving directors include Mr Ben Shallcross (Dec 2021) and Ms Alice Carfrae (Jan 2024).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Ben Shallcross | England | 58 years | Dec 2021 | - | Director |
| Ms Alice Carfrae | England | 40 years | Jan 2024 | - | Director |
| Ms Gillian Thorne | England | 42 years | Jan 2024 | - | Director |
P&L
March 2023turnover
26.5k
+189%
operating profit
-680
0%
gross margin
33.5%
+3.53%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2023net assets
2.9k
-0.19%
total assets
7.8k
+0.94%
cash
0
0%
net assets
Total assets minus all liabilities
old school (totnes) development and management company limited(the) company details
company number
01699972
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
February 1983
age
41
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
March 2023
previous names
N/A
accountant
THE HAY GROUP
auditor
-
address
flat 1 the old school, flat 1 the old school, totnes, TQ9 5NZ
Bank
-
Legal Advisor
-
old school (totnes) development and management company limited(the) 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 1 charges/mortgages relating to old school (totnes) development and management company limited(the). Currently there are 1 open charges and 0 have been satisfied in the past.
old school (totnes) development and management company limited(the) Companies House Filings - See Documents
| date | description | view/download |
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