Framar Developments Limited

POWER SEARCH PRICING

SOLUTIONS

framar developments limited Company Information

Live

MatureMidDeclining

Company Number

01984094

Website

Registered Address

saxon house 27 duke street, chelmsford, CM1 1HT

Industry

Construction of domestic buildings

Telephone

01787463222

Next Accounts Due

December 2024

Group Structure

View All

Directors

Frank Ladkin32 Years

Marion Ladkin32 Years

Shareholders

frank charles ladkin 75%

mrs marion joy ladkin 25%

framar developments limited Estimated Valuation

£9.7m

Pomanda estimates the enterprise value of FRAMAR DEVELOPMENTS LIMITED at £9.7m based on a Turnover of £19.7m and 0.49x industry multiple (adjusted for size and gross margin).

Edit your figures and get a professional valuation report.

Framar Developments Limited is a live company located in chelmsford, CM1 1HT with a Companies House number of 01984094. It operates in the construction of domestic buildings sector, SIC Code 41202. Founded in January 1986, it's largest shareholder is frank charles ladkin with a 75% stake. Framar Developments Limited is a mature, mid sized company, Pomanda has estimated its turnover at £19.7m with declining growth in recent years.

View Sample

Upgrade for unlimited company reports & a free credit check

Pomanda's financial health check has awarded Framar Developments Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 5 areas for improvement. Company Health Check FAQs

Health Rating3.5out of 5

4 Strong

1 Regular

5 Weak

Size

annual sales of £19.7m, make it larger than the average company (£586.8k)

Growth

3 year (CAGR) sales growth of -21%, show it is growing at a slower rate (7.5%)

EXPORT

Framar Developments Limited's latest turnover from March 2023 is estimated at £19.7 million and the company has net assets of £2.8 million. According to their latest financial statements, Framar Developments Limited 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	19,732,123	15,515,174	23,661,198	39,830,994	39,530,268	35,158,322	29,447,392	11,722,585	1,915,500	380,000	406,096	1,411,932	1,289,483	1,772,374
Other Income Or Grants	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Cost Of Sales	17,911,851	14,060,424	21,546,519	36,031,035	35,147,183	31,046,780	25,651,962	10,331,520	1,700,958	426,055	436,003	1,242,908	1,132,000	1,573,172
Gross Profit	1,820,272	1,454,749	2,114,679	3,799,959	4,383,085	4,111,541	3,795,430	1,391,065	214,542	-46,055	-29,907	169,024	157,483	199,202
Admin Expenses	1,710,808	-118,286	1,911,677	3,752,696	4,394,751	4,104,668	3,799,786	1,331,671	-401,626	-239,004	-102,399	138,036	36,636	-840,617
Operating Profit	109,464	1,573,035	203,002	47,263	-11,666	6,873	-4,356	59,394	616,168	192,949	72,492	30,988	120,847	1,039,819
Interest Payable	0	0	0	0	0	0	0	84,312	168,215	75,401	100,074	0	0	0
Interest Receivable	0	0	0	0	0	0	810	1,775	335	0	0	695	711	30
Pre-Tax Profit	109,464	1,573,035	203,002	47,263	-11,666	6,873	-3,546	-23,143	448,289	117,548	-27,582	31,682	121,558	1,039,849
Tax	-20,798	-298,877	-38,570	-8,980	0	-1,306	0	0	-94,141	-25,614	6,194	-8,237	-34,036	-291,158
Profit After Tax	88,666	1,274,158	164,432	38,283	-11,666	5,567	-3,546	-23,143	354,148	91,934	-21,388	23,445	87,522	748,691
Dividends Paid	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Retained Profit	88,666	1,274,158	164,432	38,283	-11,666	5,567	-3,546	-23,143	354,148	91,934	-21,388	23,445	87,522	748,691
Employee Costs	41,731	39,975	1,820,550	2,882,506	2,761,472	2,212,000	1,756,479	717,699	115,863	0	0	106,218	102,436	135,503
Number Of Employees	1	1	49	76	66	56	47	18	3	1	1	3	3	4
EBITDA*	109,464	1,573,035	203,002	47,263	-11,666	6,873	-4,356	110,819	636,015	200,722	79,412	34,180	123,675	1,042,654

* 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	3,556,968	3,573,171	3,558,068	1,389,610	1,418,703	1,453,154	1,105,259	855,443	880,277	736,534	692,957	684,515	158,111	160,939
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	3,556,968	3,573,171	3,558,068	1,389,610	1,418,703	1,453,154	1,105,259	855,443	880,277	736,534	692,957	684,515	158,111	160,939
Stock & work in progress	0	0	0	0	0	0	0	3,247,444	2,813,215	2,422,759	2,060,231	2,106,560	1,546,403	1,980,518
Trade Debtors	4,411,570	3,428,555	3,334,994	7,071,977	6,989,661	6,328,938	5,399,699	965,539	29,662	29,167	62,582	65,626	102,637	77,189
Group Debtors	0	0	0	0	0	0	0	0	0	0	0	0	0	178,824
Misc Debtors	1,378	0	0	0	0	0	0	0	967,728	869,003	689,760	565,511	396,715	160,521
Cash	0	0	0	0	0	0	0	647,727	62,269	71,834	13,226	5,673	272,297	12,045
misc current assets	0	0	0	0	0	0	0	10,000	10,000	10,000	0	10,000	10,000	10,000
total current assets	4,412,948	3,428,555	3,334,994	7,071,977	6,989,661	6,328,938	5,399,699	4,870,710	3,882,874	3,402,763	2,825,799	2,753,370	2,328,052	2,419,097
total assets	7,969,916	7,001,726	6,893,062	8,461,587	8,408,364	7,782,092	6,504,958	5,726,153	4,763,151	4,139,297	3,518,756	3,437,885	2,486,163	2,580,036
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	5,140,876	4,264,762	5,418,883	7,151,115	7,137,721	6,496,281	5,225,043	4,435,473	719,313	543,924	419,282	487,668	391,557	572,723
Group/Directors Accounts	0	0	0	0	0	0	0	0	0	0	0	0	0	1,189,583
other short term finances	0	0	0	0	0	0	0	0	2,594,203	2,581,647	0	0	0	0
hp & lease commitments	0	0	0	0	0	0	0	0	16,847	26,428	5,428	0	0	0
other current liabilities	0	0	0	0	0	0	0	0	114,848	26,304	2,248,891	2,090,459	1,258,293	68,939
total current liabilities	5,140,876	4,264,762	5,418,883	7,151,115	7,137,721	6,496,281	5,225,043	4,435,473	3,445,211	3,178,303	2,673,601	2,578,127	1,649,850	1,831,245
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	18,857	6,785	0	0	0
Accruals and Deferred Income	11,937	8,527	19,900	20,625	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	19,079	22,581	22,152	29,371	33,488	11,833	0	0	0	0
total long term liabilities	11,937	8,527	19,900	20,625	19,079	22,581	22,152	29,371	33,488	30,690	6,785	0	0	0
total liabilities	5,152,813	4,273,289	5,438,783	7,171,740	7,156,800	6,518,862	5,247,195	4,464,844	3,478,699	3,208,993	2,680,386	2,578,127	1,649,850	1,831,245
net assets	2,817,103	2,728,437	1,454,279	1,289,847	1,251,564	1,263,230	1,257,763	1,261,309	1,284,452	930,304	838,370	859,758	836,313	748,791
total shareholders funds	2,817,103	2,728,437	1,454,279	1,289,847	1,251,564	1,263,230	1,257,763	1,261,309	1,284,452	930,304	838,370	859,758	836,313	748,791

	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	109,464	1,573,035	203,002	47,263	-11,666	6,873	-4,356	59,394	616,168	192,949	72,492	30,988	120,847	1,039,819
Depreciation	0	0	0	0	0	0	0	51,425	19,847	7,773	6,920	3,192	2,828	2,835
Amortisation	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Tax	-20,798	-298,877	-38,570	-8,980	0	-1,306	0	0	-94,141	-25,614	6,194	-8,237	-34,036	-291,158
Stock	0	0	0	0	0	0	-3,247,444	434,229	390,456	362,528	-46,329	560,157	-434,115	1,980,518
Debtors	984,393	93,561	-3,736,983	82,316	660,723	929,239	4,434,160	-31,851	99,220	145,828	121,205	131,785	82,818	416,534
Creditors	876,114	-1,154,121	-1,732,232	13,394	641,440	1,271,238	789,570	3,716,160	175,389	124,642	-68,386	96,111	-181,166	572,723
Accruals and Deferred Income	3,410	-11,373	-725	20,625	0	0	0	-114,848	88,544	-2,222,587	158,432	832,166	1,189,354	68,939
Deferred Taxes & Provisions	0	0	0	-19,079	-3,502	429	-7,219	-4,117	21,655	11,833	0	0	0	0
Cash flow from operations	-16,203	15,103	2,168,458	-29,093	-34,451	347,995	-408,721	3,305,636	337,786	-2,419,360	100,776	262,278	1,449,124	-1,003,894
Investing Activities
capital expenditure	16,203	-15,103	-2,168,458	29,093	34,451	-347,895	-249,816	-26,591	-163,590	-51,350	-15,362	-529,596	0	-163,774
Change in Investments	0	0	0	0	0	0	0	0	0	0	0	0	0	0
cash flow from investments	16,203	-15,103	-2,168,458	29,093	34,451	-347,895	-249,816	-26,591	-163,590	-51,350	-15,362	-529,596	0	-163,774
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	-1,189,583	1,189,583
Other Short Term Loans	0	0	0	0	0	0	0	-2,594,203	12,556	2,581,647	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	-16,847	-28,438	33,072	12,213	0	0	0
other long term liabilities	0	0	0	0	0	0	0	0	0	0	0	0	0	0
share issue	0	0	0	0	0	-100	0	0	0	0	0	0	0	100
interest	0	0	0	0	0	0	810	-82,537	-167,880	-75,401	-100,074	695	711	30
cash flow from financing	0	0	0	0	0	-100	810	-2,693,587	-183,762	2,539,318	-87,861	695	-1,188,872	1,189,713
cash and cash equivalents
cash	0	0	0	0	0	0	-647,727	585,458	-9,565	58,608	7,553	-266,624	260,252	12,045
overdraft	0	0	0	0	0	0	0	0	0	0	0	0	0	0
change in cash	0	0	0	0	0	0	-647,727	585,458	-9,565	58,608	7,553	-266,624	260,252	12,045

Very Low Risk70 - 100

Low Risk50 - 70

Moderate Risk30 - 50

High Risk20 - 30

Very High Risk0 - 20

Get a comprehensive credit check for framar developments limited. Get real-time insights into framar 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 framar developments limited by selecting its closest rivals, whether from the CONSTRUCTION sector, other mid companies, companies in CM1 area or any other competitors across 12 key performance metrics.

FRAMAR DEVELOPMENTS LIMITED group structure

Framar Developments Limited has no subsidiary companies.

Ultimate parent company

FRAMAR DEVELOPMENTS LIMITED

01984094

FRAMAR DEVELOPMENTS LIMITED Shareholders

frank charles ladkin	75%
mrs marion joy ladkin	25%

Framar Developments Limited currently has 2 directors. The longest serving directors include Mr Frank Ladkin (Dec 1991) and Mrs Marion Ladkin (Dec 1991).

officer	country	age	start	end	role
Mr Frank Ladkin		74 years	Dec 1991	-	Director
Mrs Marion Ladkin	England	71 years	Dec 1991	-	Director

P&L

March 2023

turnover

19.7m

+27%

operating profit

109.5k

gross margin

9.3%

-1.61%

turnover

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

Balance Sheet

March 2023

net assets

2.8m

+0.03%

total assets

+0.14%

cash

net assets

Total assets minus all liabilities

Similar Companies

jaysam developments borehamwood limited

land charter homes limited

3.5

oger uk limited

matthew homes limited

4-6 st edmunds terrace limited

company number

01984094

Type

Private limited with Share Capital

industry

41202 - Construction of domestic buildings

incorporation date

January 1986

accounts

Micro-Entity Accounts

ultimate parent company

None

previous names

rexscope limited (August 1986)

last accounts submitted

March 2023

address

saxon house 27 duke street, chelmsford, CM1 1HT

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 7 charges/mortgages relating to framar developments limited. Currently there are 7 open charges and 0 have been satisfied in the past.

framar developments limited Company Information

framar developments limited Estimated Valuation

framar developments limited Estimated Valuation

framar developments limited Estimated Valuation

Framar Developments Limited Overview

Framar Developments Limited Health Check

FRAMAR DEVELOPMENTS LIMITED financials

framar developments limited Credit Report and Business Information

Framar Developments Limited Competitor Analysis

framar developments limited Ownership

framar developments limited directors

framar developments limited company details

framar developments limited Charges & Mortgages

framar developments limited Companies House Filings - See Documents