derwent developments limited
derwent developments limited Company Information
Company Number
01899218
Next Accounts
Jun 2025
Shareholders
bpt limited
Group Structure
View All
Industry
Development of building projects
Registered Address
citygate, saint james boulevard, newcastle upon tyne, NE1 4JE
Website
http://graingerplc.co.ukderwent developments limited Estimated Valuation
Pomanda estimates the enterprise value of DERWENT DEVELOPMENTS LIMITED at £9.8k based on a Turnover of £9k and 1.09x industry multiple (adjusted for size and gross margin).
derwent developments limited Estimated Valuation
Pomanda estimates the enterprise value of DERWENT DEVELOPMENTS LIMITED at £70.8k based on an EBITDA of £8.2k and a 8.58x industry multiple (adjusted for size and gross margin).
derwent developments limited Estimated Valuation
Pomanda estimates the enterprise value of DERWENT DEVELOPMENTS LIMITED at £126m based on Net Assets of £89.2m and 1.41x industry multiple (adjusted for liquidity).
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Derwent Developments Limited Overview
Derwent Developments Limited is a live company located in newcastle upon tyne, NE1 4JE with a Companies House number of 01899218. It operates in the development of building projects sector, SIC Code 41100. Founded in March 1985, it's largest shareholder is bpt limited with a 100% stake. Derwent Developments Limited is a mature, micro sized company, Pomanda has estimated its turnover at £9k with declining growth in recent years.
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Derwent Developments Limited Health Check
Pomanda's financial health check has awarded Derwent Developments Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 6 areas for improvement. Company Health Check FAQs
3 Strong
0 Regular
6 Weak
Size
annual sales of £9k, make it smaller than the average company (£2.2m)
£9k - Derwent Developments Limited
£2.2m - Industry AVG
Growth
3 year (CAGR) sales growth of -88%, show it is growing at a slower rate (3.5%)
-88% - Derwent Developments Limited
3.5% - Industry AVG
Production
with a gross margin of 95.6%, this company has a lower cost of product (26.4%)
95.6% - Derwent Developments Limited
26.4% - Industry AVG
Profitability
an operating margin of 91.2% make it more profitable than the average company (7%)
91.2% - Derwent Developments Limited
7% - Industry AVG
Employees
with 1 employees, this is below the industry average (6)
- Derwent Developments Limited
6 - Industry AVG
Pay Structure
There is insufficient data available for this Key Performance Indicator!
- Derwent Developments Limited
- - Industry AVG
Efficiency
resulting in sales per employee of £9k, this is less efficient (£275.1k)
- Derwent Developments Limited
£275.1k - Industry AVG
Debtor Days
it gets paid by customers after 126 days, this is later than average (28 days)
126 days - Derwent Developments Limited
28 days - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- - Derwent Developments Limited
- - Industry AVG
Stock Days
it holds stock equivalent to 4147977 days, this is more than average (161 days)
4147977 days - Derwent Developments Limited
161 days - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Derwent Developments Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 1.7%, this is a lower level of debt than the average (72.7%)
1.7% - Derwent Developments Limited
72.7% - Industry AVG
DERWENT DEVELOPMENTS LIMITED financials
Derwent Developments Limited's latest turnover from September 2023 is £9 thousand and the company has net assets of £89.2 million. According to their latest financial statements, we estimate that Derwent Developments Limited has 1 employee and maintains cash reserves of 0 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 | 9,042 | 9,042 | 374,041 | 5,039,939 | 5,713,143 | 531,886 | 4,959,433 | 651,549 | 281,735 | 38,057 | 100,149 | 888,653 | 47,007 | 36,430 | 34,083 |
| Other Income Or Grants | |||||||||||||||
| Cost Of Sales | 396 | 353,280 | 1,760,233 | 3,266,504 | 349,080 | 2,430,359 | 420,676 | 375,408 | 153,398 | 293,381 | 507,438 | -67,644 | 676,999 | 1,236,628 | |
| Gross Profit | 8,646 | 9,042 | 20,761 | 3,279,706 | 2,446,639 | 182,806 | 2,529,074 | 230,873 | -93,673 | -115,341 | -193,232 | 381,215 | 114,651 | -640,569 | -1,202,545 |
| Admin Expenses | 397 | 465 | 62,017 | 276,781 | 1,348,155 | 194,632 | -23,171 | 225,211 | 110,876 | 2,907,559 | 15,855 | 91,188 | 9,528 | 7,400 | 8,907 |
| Operating Profit | 8,249 | 8,577 | -41,256 | 3,002,925 | 1,098,484 | -11,826 | 2,552,245 | 5,662 | -204,549 | -3,022,900 | -209,087 | 290,027 | 105,123 | -647,969 | -1,211,452 |
| Interest Payable | |||||||||||||||
| Interest Receivable | 3,818,820 | 3,744,556 | 3,209,070 | 3,014,197 | 3,015,315 | 2,524,958 | 2,425,996 | 2,862,742 | 2,150,043 | 2,099,283 | 2,067,556 | 2,095,815 | 1,967,727 | 1,496,110 | 22 |
| Pre-Tax Profit | 3,827,069 | 3,753,133 | 3,167,814 | 6,017,122 | 4,113,799 | 2,513,132 | 4,978,241 | 2,868,404 | 1,945,494 | -923,617 | 1,858,469 | 2,385,939 | 2,065,800 | 848,141 | -1,206,709 |
| Tax | -841,955 | -713,095 | -239,745 | -1,143,253 | -781,622 | -477,495 | -970,757 | -573,681 | -398,826 | 203,196 | -436,740 | -596,461 | -559,933 | -237,479 | 335,921 |
| Profit After Tax | 2,985,114 | 3,040,038 | 2,928,069 | 4,873,869 | 3,332,177 | 2,035,637 | 4,007,484 | 2,294,723 | 1,546,668 | -720,421 | 1,421,729 | 1,789,478 | 1,505,867 | 610,662 | -870,788 |
| Dividends Paid | |||||||||||||||
| Retained Profit | 2,985,114 | 3,040,038 | 2,928,069 | 4,873,869 | 3,332,177 | 2,035,637 | 4,007,484 | 2,294,723 | 1,546,668 | -720,421 | 1,421,729 | 1,789,478 | 1,505,867 | 610,662 | -870,788 |
| Employee Costs | |||||||||||||||
| Number Of Employees | |||||||||||||||
| EBITDA* | 8,249 | 8,577 | -41,256 | 3,002,925 | 1,098,484 | -11,826 | 2,552,245 | 5,662 | -204,549 | -3,022,900 | -209,087 | 290,027 | 105,123 | -647,969 | -1,211,452 |
* 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 | |||||||||||||||
| Intangible Assets | |||||||||||||||
| Investments & Other | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 3 | 3 | 7,053 | 7,053 |
| Debtors (Due After 1 year) | |||||||||||||||
| Total Fixed Assets | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 3 | 3 | 7,053 | 7,053 |
| Stock & work in progress | 4,500,272 | 4,366,641 | 4,190,087 | 3,299,813 | 3,977,444 | 4,884,360 | 4,312,676 | 4,691,917 | 4,546,986 | 4,556,616 | 4,253,797 | 4,388,625 | 4,561,851 | 4,128,713 | 4,247,328 |
| Trade Debtors | 3,142 | 2,525 | 2,802,667 | 7,136,407 | 2,155,753 | 3,170 | 1,560 | 890 | 5,495 | 1,705 | 5,696 | 4,245 | 774 | ||
| Group Debtors | 86,025,507 | 83,240,687 | 78,028,698 | 71,875,717 | 70,241,719 | 68,091,205 | 66,168,352 | 62,553,251 | 59,193,197 | 55,242,893 | 54,249,638 | 53,184,528 | 52,005,919 | 52,285,225 | 23,347,686 |
| Misc Debtors | 140,554 | 140,554 | 140,554 | 190,606 | 2,324,210 | 4,329,391 | 3,857,392 | 3,151,632 | 2,356,741 | 8,215 | |||||
| Cash | |||||||||||||||
| misc current assets | |||||||||||||||
| total current assets | 90,669,475 | 87,750,407 | 85,162,006 | 82,502,543 | 76,374,916 | 72,978,735 | 70,482,588 | 67,245,168 | 63,741,073 | 62,129,214 | 62,834,531 | 61,436,241 | 59,723,647 | 58,770,679 | 27,604,003 |
| total assets | 90,669,477 | 87,750,409 | 85,162,008 | 82,502,545 | 76,374,918 | 72,978,737 | 70,482,590 | 67,245,170 | 63,741,075 | 62,129,216 | 62,834,533 | 61,436,244 | 59,723,650 | 58,777,732 | 27,611,056 |
| Bank overdraft | |||||||||||||||
| Bank loan | |||||||||||||||
| Trade Creditors | 288 | 1,370 | 42,598 | 288 | 30,364 | 289 | 8,062 | 15,789 | 685 | 6,975 | 13,710 | 143,621 | |||
| Group/Directors Accounts | 838,154 | 903,461 | 1,003,738 | 942,385 | 582,137 | 1,266,220 | |||||||||
| other short term finances | |||||||||||||||
| hp & lease commitments | |||||||||||||||
| other current liabilities | 674,117 | 674,568 | 1,024,846 | 1,313,577 | 1,044,514 | 368,297 | 519,999 | 16,070 | 80,980 | 17,150 | 87,299 | 517,337 | 104,944 | ||
| total current liabilities | 1,512,271 | 1,578,317 | 2,029,954 | 2,298,560 | 1,044,802 | 980,798 | 520,288 | 1,290,352 | 80,980 | 15,789 | 685 | 24,125 | 101,009 | 660,958 | 104,944 |
| loans | |||||||||||||||
| hp & lease commitments | |||||||||||||||
| Accruals and Deferred Income | |||||||||||||||
| other liabilities | |||||||||||||||
| provisions | |||||||||||||||
| total long term liabilities | |||||||||||||||
| total liabilities | 1,512,271 | 1,578,317 | 2,029,954 | 2,298,560 | 1,044,802 | 980,798 | 520,288 | 1,290,352 | 80,980 | 15,789 | 685 | 24,125 | 101,009 | 660,958 | 104,944 |
| net assets | 89,157,206 | 86,172,092 | 83,132,054 | 80,203,985 | 75,330,116 | 71,997,939 | 69,962,302 | 65,954,818 | 63,660,095 | 62,113,427 | 62,833,848 | 61,412,119 | 59,622,641 | 58,116,774 | 27,506,112 |
| total shareholders funds | 89,157,206 | 86,172,092 | 83,132,054 | 80,203,985 | 75,330,116 | 71,997,939 | 69,962,302 | 65,954,818 | 63,660,095 | 62,113,427 | 62,833,848 | 61,412,119 | 59,622,641 | 58,116,774 | 27,506,112 |
| 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 | 8,249 | 8,577 | -41,256 | 3,002,925 | 1,098,484 | -11,826 | 2,552,245 | 5,662 | -204,549 | -3,022,900 | -209,087 | 290,027 | 105,123 | -647,969 | -1,211,452 |
| Depreciation | |||||||||||||||
| Amortisation | |||||||||||||||
| Tax | -841,955 | -713,095 | -239,745 | -1,143,253 | -781,622 | -477,495 | -970,757 | -573,681 | -398,826 | 203,196 | -436,740 | -596,461 | -559,933 | -237,479 | 335,921 |
| Stock | 133,631 | 176,554 | 890,274 | -677,631 | -906,916 | 571,684 | -379,241 | 144,931 | -9,630 | 302,819 | -134,828 | -173,226 | 433,138 | -118,615 | 4,247,328 |
| Debtors | 2,785,437 | 2,411,847 | 1,769,189 | 6,805,258 | 4,303,097 | 1,924,463 | 3,616,661 | 3,359,164 | 1,621,489 | -1,008,136 | 1,533,118 | 1,885,820 | 519,830 | 31,285,291 | 23,356,675 |
| Creditors | -288 | -1,082 | -41,228 | 42,310 | -30,076 | 30,075 | -7,773 | 8,062 | -15,789 | 15,104 | -6,290 | -6,735 | -129,911 | 143,621 | |
| Accruals and Deferred Income | -451 | -350,278 | -288,731 | 269,063 | 676,217 | -151,702 | 503,929 | -64,910 | 80,980 | -17,150 | -70,149 | -430,038 | 412,393 | 104,944 | |
| Deferred Taxes & Provisions | |||||||||||||||
| Cash flow from operations | -3,753,513 | -3,644,279 | -3,270,423 | -3,956,582 | -2,433,178 | -3,107,095 | -1,159,776 | -4,128,962 | -2,150,043 | -2,099,283 | -2,067,557 | -2,095,912 | -1,967,727 | -31,496,110 | -28,374,590 |
| Investing Activities | |||||||||||||||
| capital expenditure | |||||||||||||||
| Change in Investments | -1 | -7,050 | 7,053 | ||||||||||||
| cash flow from investments | |||||||||||||||
| Financing Activities | |||||||||||||||
| Bank loans | |||||||||||||||
| Group/Directors Accounts | -65,307 | -100,277 | 61,353 | 942,385 | -582,137 | 582,137 | -1,266,220 | 1,266,220 | |||||||
| Other Short Term Loans | |||||||||||||||
| Long term loans | |||||||||||||||
| Hire Purchase and Lease Commitments | |||||||||||||||
| other long term liabilities | |||||||||||||||
| share issue | |||||||||||||||
| interest | 3,818,820 | 3,744,556 | 3,209,070 | 3,014,197 | 3,015,315 | 2,524,958 | 2,425,996 | 2,862,742 | 2,150,043 | 2,099,283 | 2,067,556 | 2,095,815 | 1,967,727 | 1,496,110 | 22 |
| cash flow from financing | 3,753,513 | 3,644,279 | 3,270,423 | 3,956,582 | 2,433,178 | 3,107,095 | 1,159,776 | 4,128,962 | 2,150,043 | 2,099,283 | 2,067,556 | 2,095,815 | 1,967,727 | 31,496,110 | 28,376,922 |
| cash and cash equivalents | |||||||||||||||
| cash | |||||||||||||||
| overdraft | |||||||||||||||
| change in cash |
derwent developments limited Credit Report and Business Information
Derwent Developments Limited Competitor Analysis
Perform a competitor analysis for derwent developments limited by selecting its closest rivals, whether from the CONSTRUCTION sector, other micro companies, companies in NE1 area or any other competitors across 12 key performance metrics.
derwent developments limited Ownership
DERWENT DEVELOPMENTS LIMITED group structure
Derwent Developments Limited has 1 subsidiary company.
Ultimate parent company
IRG
#0147414
2 parents
DERWENT DEVELOPMENTS LIMITED
01899218
1 subsidiary
derwent developments limited directors
Derwent Developments Limited currently has 4 directors. The longest serving directors include Ms Helen Gordon (Dec 2015) and Mr Michael Keaveney (May 2021).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Ms Helen Gordon | England | 65 years | Dec 2015 | - | Director |
| Mr Michael Keaveney | United Kingdom | 57 years | May 2021 | - | Director |
| Mr Robert Hudson | United Kingdom | 51 years | Nov 2021 | - | Director |
| Mrs Sapna Fitzgerald | United Kingdom | 50 years | Sep 2024 | - | Director |
P&L
September 2023turnover
9k
0%
operating profit
8.2k
-4%
gross margin
95.7%
-4.38%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
September 2023net assets
89.2m
+0.03%
total assets
90.7m
+0.03%
cash
0
0%
net assets
Total assets minus all liabilities
derwent developments limited company details
company number
01899218
Type
Private limited with Share Capital
industry
41100 - Development of building projects
incorporation date
March 1985
age
40
incorporated
UK
ultimate parent company
accounts
Audit Exemption Subsidiary
last accounts submitted
September 2023
previous names
unifal limited (May 1985)
accountant
-
auditor
-
address
citygate, saint james boulevard, newcastle upon tyne, NE1 4JE
Bank
BARCLAYS BANK PLC
Legal Advisor
WOMBLE BOND DICKINSON (UK) LLP
derwent 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 8 charges/mortgages relating to derwent developments limited. Currently there are 1 open charges and 7 have been satisfied in the past.
derwent developments limited Capital Raised & Share Issues BETA
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 DERWENT DEVELOPMENTS LIMITED. This can take several minutes, an email will notify you when this has completed.
derwent developments limited Companies House Filings - See Documents
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