upward developments (west midlands) limitedEstimated Valuation
£139.9k
Pomanda estimates the enterprise value of UPWARD DEVELOPMENTS (WEST MIDLANDS) LIMITED at £139.9k based on a Turnover of £288.3k and 0.49x industry multiple (adjusted for size and gross margin).
upward developments (west midlands) limitedEstimated Valuation
£0
Pomanda estimates the enterprise value of UPWARD DEVELOPMENTS (WEST MIDLANDS) LIMITED at £0 based on an EBITDA of £-104.1k and a 3.7x industry multiple (adjusted for size and gross margin).
upward developments (west midlands) limitedEstimated Valuation
£0
Pomanda estimates the enterprise value of UPWARD DEVELOPMENTS (WEST MIDLANDS) LIMITED at £0 based on Net Assets of £-99.1k and 1.39x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Upward Developments (west Midlands) LimitedOverview
Upward Developments (west Midlands) Limited is a live company located in walsall, WS3 2QW with a Companies House number of 02009364. It operates in the development of building projects sector, SIC Code 41100. Founded in April 1986, it's largest shareholder is
sivic investments limited
with a 50% stake. Upward Developments (west Midlands) Limited is a mature,
micro sized company, Pomanda has estimated its turnover at
£288.3k with
declining
growth in recent years.
Upward Developments (west Midlands) Limited Health Check
Pomanda's financial health check has awarded Upward Developments (West Midlands) Limited a 1 rating. We use a traffic light system to show it exceeds the industry average on 0 measures and has 7 areas for improvement. Company Health Check FAQs
Health Rating1out of 5
0 Strong
3 Regular
7 Weak
Size
annual sales of £288.3k, make it smaller than the average company (£2.2m)
£288.3k - Upward Developments (west Midlands) Limited
£2.2m - Industry AVG
Growth
3 year (CAGR) sales growth of -19%, show it is growing at a slower rate (3.5%)
-19% - Upward Developments (west Midlands) Limited
3.5% - Industry AVG
Production
with a gross margin of 26.4%, this company has a comparable cost of product (26.4%)
26.4% - Upward Developments (west Midlands) Limited
26.4% - Industry AVG
Profitability
an operating margin of -36.1% make it less profitable than the average company (7%)
-36.1% - Upward Developments (west Midlands) Limited
7% - Industry AVG
Employees
with 2 employees, this is below the industry average (6)
2 - Upward Developments (west Midlands) Limited
6 - Industry AVG
Pay Structure
on an average salary of £47.7k, the company has an equivalent pay structure (£47.7k)
£47.7k - Upward Developments (west Midlands) Limited
£47.7k - Industry AVG
Efficiency
resulting in sales per employee of £144.2k, this is less efficient (£275.1k)
£144.2k - Upward Developments (west Midlands) Limited
£275.1k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- - Upward Developments (west Midlands) Limited
- - Industry AVG
Creditor Days
its suppliers are paid after 20 days, this is quicker than average (30 days)
20 days - Upward Developments (west Midlands) Limited
30 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Upward Developments (west Midlands) Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities
for 12 weeks, this is average cash available to meet short term requirements (13 weeks)
12 weeks - Upward Developments (west Midlands) Limited
13 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 248.2%, this is a higher level of debt than the average (72.9%)
248.2% - Upward Developments (west Midlands) Limited
72.9% - Industry AVG
UPWARD DEVELOPMENTS (WEST MIDLANDS) LIMITED financials
EXPORT
Upward Developments (West Midlands) Limited's latest turnover from September 2023 is estimated at £288.3 thousand and the company has net assets of -£99.1 thousand. According to their latest financial statements, Upward Developments (West Midlands) Limited has 2 employees and maintains cash reserves of £39.7 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
288,321
312,772
137,953
534,807
1,501,308
2,113,865
1,408,880
1,335,559
2,994,008
8,847,692
7,366,230
3,564,942
4,034,868
3,640,750
Other Income Or Grants
Cost Of Sales
212,200
267,557
106,791
402,697
1,091,572
1,499,582
983,901
938,491
2,130,513
6,350,920
5,217,326
2,568,627
2,974,940
2,645,793
Gross Profit
76,121
45,215
31,162
132,110
409,735
614,282
424,980
397,068
863,495
2,496,773
2,148,904
996,315
1,059,928
994,957
Admin Expenses
180,272
25,998
25,445
111,519
274,046
514,813
223,104
360,176
881,226
2,555,648
2,241,852
997,581
1,096,202
1,003,811
62,717
Operating Profit
-104,151
19,217
5,717
20,591
135,689
99,469
201,876
36,892
-17,731
-58,875
-92,948
-1,266
-36,274
-8,854
-62,717
Interest Payable
Interest Receivable
5,033
102
470
187
75
97
120
41
17
17
Pre-Tax Profit
-99,118
19,217
5,717
20,693
136,159
99,657
201,951
36,989
-17,611
-58,834
-92,948
-1,266
-36,257
-8,837
-62,717
Tax
-3,700
-1,086
-3,932
-25,870
-18,935
-38,371
-7,398
Profit After Tax
-99,118
15,517
4,631
16,761
110,289
80,722
163,580
29,591
-17,611
-58,834
-92,948
-1,266
-36,257
-8,837
-62,717
Dividends Paid
142,621
Retained Profit
-99,118
-127,104
4,631
16,761
110,289
80,722
163,580
29,591
-17,611
-58,834
-92,948
-1,266
-36,257
-8,837
-62,717
Employee Costs
95,338
89,780
88,514
86,424
85,111
84,283
83,291
81,498
396,202
1,117,769
971,256
502,975
630,264
538,418
Number Of Employees
2
2
2
2
2
2
2
2
10
30
27
14
18
16
EBITDA*
-104,084
19,305
5,835
20,748
135,898
99,721
202,212
37,340
-17,350
-58,368
-92,271
-364
-35,070
-8,854
-62,717
* 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
200
267
355
473
630
756
1,008
1,344
1,142
1,523
2,030
2,707
3,609
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
468,902
Total Fixed Assets
200
267
355
473
630
756
1,008
1,344
1,142
1,523
2,030
2,707
472,511
Stock & work in progress
2,352,972
1,956,691
911,138
163,917
35,177
Trade Debtors
1,573
177,528
22,997
47,813
26,214
392,658
Group Debtors
8,846
47,231
77,509
113,371
323,461
416,110
337,403
18,243
Misc Debtors
18,168
4,081
8,593
27,231
52,836
103,075
43,526
Cash
39,653
152,085
120,691
114,864
89,040
36,328
13,643
46,427
31,272
16,565
15
15
15
6,872
5
misc current assets
total current assets
66,667
203,397
206,793
228,235
439,732
505,274
455,694
108,196
208,800
2,392,534
2,004,519
937,367
163,932
434,707
5
total assets
66,867
203,664
207,148
228,708
440,362
506,030
456,702
109,540
209,942
2,394,057
2,006,549
940,074
636,443
434,707
5
Bank overdraft
Bank loan
Trade Creditors
12,198
53,326
54,450
60,392
257,454
412,676
461,948
271,802
488,410
2,654,914
2,208,572
1,049,149
744,252
506,259
62,720
Group/Directors Accounts
148,628
141,799
19,055
8,171
27,444
8,903
13,366
53,434
other short term finances
hp & lease commitments
other current liabilities
5,157
8,537
6,537
37,670
49,750
89,026
66,685
33,181
total current liabilities
165,983
203,662
80,042
106,233
334,648
510,605
541,999
358,417
488,410
2,654,914
2,208,572
1,049,149
744,252
506,259
62,720
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
total long term liabilities
total liabilities
165,983
203,662
80,042
106,233
334,648
510,605
541,999
358,417
488,410
2,654,914
2,208,572
1,049,149
744,252
506,259
62,720
net assets
-99,116
2
127,106
122,475
105,714
-4,575
-85,297
-248,877
-278,468
-260,857
-202,023
-109,075
-107,809
-71,552
-62,715
total shareholders funds
-99,116
2
127,106
122,475
105,714
-4,575
-85,297
-248,877
-278,468
-260,857
-202,023
-109,075
-107,809
-71,552
-62,715
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
-104,151
19,217
5,717
20,591
135,689
99,469
201,876
36,892
-17,731
-58,875
-92,948
-1,266
-36,274
-8,854
-62,717
Depreciation
67
88
118
157
209
252
336
448
381
507
677
902
1,204
Amortisation
Tax
-3,700
-1,086
-3,932
-25,870
-18,935
-38,371
-7,398
Stock
-2,352,972
396,281
1,045,553
747,221
128,740
35,177
Debtors
-24,298
-34,790
-27,269
-237,321
-118,254
26,895
380,282
-115,759
154,531
-24,816
21,599
-442,688
76,244
392,658
Creditors
-41,128
-1,124
-5,942
-197,062
-155,222
-49,272
190,146
-216,608
-2,166,504
446,342
1,159,423
304,897
237,993
443,539
62,720
Accruals and Deferred Income
-3,380
2,000
-31,133
-12,080
-39,276
22,341
33,504
33,181
Deferred Taxes & Provisions
Cash flow from operations
-124,294
51,271
-5,057
44,995
33,784
26,960
7,209
-37,726
14,587
16,509
-2,061
6,850
3
Investing Activities
capital expenditure
-83
-650
-4,813
Change in Investments
cash flow from investments
-83
-650
-4,813
Financing Activities
Bank loans
Group/Directors Accounts
6,829
122,744
10,884
-19,273
18,541
-4,463
-40,068
53,434
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
share issue
2
interest
5,033
102
470
187
75
97
120
41
17
17
cash flow from financing
11,862
122,744
10,884
-19,171
19,011
-4,276
-39,993
53,531
120
41
17
17
2
cash and cash equivalents
cash
-112,432
31,394
5,827
25,824
52,712
22,685
-32,784
15,155
14,707
16,550
-6,857
6,867
5
overdraft
change in cash
-112,432
31,394
5,827
25,824
52,712
22,685
-32,784
15,155
14,707
16,550
-6,857
6,867
5
upward developments (west midlands) limited Credit Report and Business Information
Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
Get a comprehensive credit check for upward developments (west midlands) limited. Get real-time insights into upward developments (west midlands) limited's credit score, group structure and payment trends.
Upward Developments (west Midlands) Limited Competitor Analysis
Perform a competitor analysis for upward developments (west midlands) limited by selecting its closest rivals, whether from the CONSTRUCTION sector, other micro companies, companies in WS3 area or any other competitors across 12 key performance metrics.
upward developments (west midlands) limited Ownership
UPWARD DEVELOPMENTS (WEST MIDLANDS) LIMITED group structure
Upward Developments (West Midlands) Limited has no subsidiary companies.
Ultimate parent company
UPWARD DEVELOPMENTS (WEST MIDLANDS) LIMITED
02009364
UPWARD DEVELOPMENTS (WEST MIDLANDS) LIMITED Shareholders
The largest shareholders in Upward Developments (West Midlands) Limited include Sivic Investments Limited and N & C Enterprises Limited.
sivic investments limited
50%
n & c enterprises limited
50%
upward developments (west midlands) limited directors
Upward Developments (West Midlands) Limited currently has 2 directors.
The longest serving directors include
Mr Nicholas Drury (Dec 1991) and
Mr Simon Griffiths (Aug 2016).
upward developments (west midlands) limited company details
company number
02009364
Type
Private limited with Share Capital
industry
41100 - Development of building projects
incorporation date
April 1986
age
39
incorporated
UK
ultimate parent company
None
accounts
Small Company
last accounts submitted
September 2023
previous names
upward homes limited (November 2009)
industrial roofing (contracts) limited (May 2007)
accountant
NICKLIN AUDIT LIMITED
auditor
-
address
bloxwich hall elmore court, elmore green road, walsall, west midlands, WS3 2QW
Bank
-
Legal Advisor
-
upward developments (west midlands) 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 did not find charges/mortgages relating to upward developments (west midlands) limited.
upward developments (west midlands) 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.
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upward developments (west midlands) limitedCompanies House Filings - See Documents
