britannic property developments limited

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britannic property developments limited Company Information

Share BRITANNIC PROPERTY DEVELOPMENTS LIMITED

Company Number

02051447

Shareholders

britannic trustees ltd

britannic trustees ltd & ramesh govindji sachdev

Group Structure

View All

Industry

Development of building projects

 

Registered Address

regent house theobald street, borehamwood, WD6 4RS

Website

-

britannic property developments limited Estimated Valuation

£262.5k

Pomanda estimates the enterprise value of BRITANNIC PROPERTY DEVELOPMENTS LIMITED at £262.5k based on a Turnover of £535.6k and 0.49x industry multiple (adjusted for size and gross margin).

britannic property developments limited Estimated Valuation

£0

Pomanda estimates the enterprise value of BRITANNIC PROPERTY DEVELOPMENTS LIMITED at £0 based on an EBITDA of £-2m and a 3.74x industry multiple (adjusted for size and gross margin).

britannic property developments limited Estimated Valuation

£0

Pomanda estimates the enterprise value of BRITANNIC PROPERTY DEVELOPMENTS LIMITED at £0 based on Net Assets of £-1.4m and 1.39x industry multiple (adjusted for liquidity).

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Britannic Property Developments Limited Overview

Britannic Property Developments Limited is a live company located in borehamwood, WD6 4RS with a Companies House number of 02051447. It operates in the development of building projects sector, SIC Code 41100. Founded in September 1986, it's largest shareholder is britannic trustees ltd with a 100% stake. Britannic Property Developments Limited is a mature, small sized company, Pomanda has estimated its turnover at £535.6k with low growth in recent years.

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Britannic Property Developments Limited Health Check

Pomanda's financial health check has awarded Britannic Property Developments Limited a 1 rating. We use a traffic light system to show it exceeds the industry average on 0 measures and has 5 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating1out of 5
positive_score

0 Strong

positive_score

3 Regular

positive_score

5 Weak

size

Size

annual sales of £535.6k, make it smaller than the average company (£2.2m)

£535.6k - Britannic Property Developments Limited

£2.2m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 2%, show it is growing at a slower rate (3.9%)

2% - Britannic Property Developments Limited

3.9% - Industry AVG

production

Production

with a gross margin of 26.6%, this company has a comparable cost of product (26.6%)

26.6% - Britannic Property Developments Limited

26.6% - Industry AVG

profitability

Profitability

an operating margin of -364.7% make it less profitable than the average company (6.8%)

-364.7% - Britannic Property Developments Limited

6.8% - Industry AVG

employees

Employees

with 2 employees, this is below the industry average (6)

2 - Britannic Property Developments Limited

6 - Industry AVG

paystructure

Pay Structure

on an average salary of £47.1k, the company has an equivalent pay structure (£47.1k)

£47.1k - Britannic Property Developments Limited

£47.1k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £267.8k, this is equally as efficient (£267.8k)

£267.8k - Britannic Property Developments Limited

£267.8k - Industry AVG

debtordays

Debtor Days

There is insufficient data available for this Key Performance Indicator!

- - Britannic Property Developments Limited

- - Industry AVG

creditordays

Creditor Days

There is insufficient data available for this Key Performance Indicator!

- - Britannic Property Developments Limited

- - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Britannic Property Developments Limited

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - Britannic Property Developments Limited

- - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 2149.3%, this is a higher level of debt than the average (72.6%)

2149.3% - Britannic Property Developments Limited

72.6% - Industry AVG

BRITANNIC PROPERTY DEVELOPMENTS LIMITED financials

EXPORTms excel logo

Britannic Property Developments Limited's latest turnover from November 2023 is estimated at £535.6 thousand and the company has net assets of -£1.4 million. According to their latest financial statements, Britannic Property Developments Limited has 2 employees and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Nov 2023Nov 2022Nov 2021Nov 2020Nov 2019Nov 2018Nov 2017Nov 2016Nov 2015Nov 2014Nov 2013Nov 2012Dec 2011Dec 2010Dec 2009
Turnover535,567532,985529,545505,657531,66251,116,72034,589,89916,610,6933,053,8803,333,8903,083,503
Other Income Or Grants
Cost Of Sales393,182396,132404,648376,324386,94835,836,11824,732,66411,878,4142,192,2052,428,8762,247,301
Gross Profit142,385136,853124,897129,332144,71315,280,6029,857,2344,732,278861,674905,015836,202
Admin Expenses2,095,764169,842124,897128,591102,974-41,73960060015,281,2029,857,7084,732,752862,868906,235838,463-703,263
Operating Profit-1,953,379-32,98974141,73941,739-600-600-600-474-474-1,194-1,220-2,261703,263
Interest Payable42,33942,339
Interest Receivable121
Pre-Tax Profit-1,953,379-32,989741-600-600-600-600-600-474-474-1,194-1,219-2,259703,264
Tax-141-196,914
Profit After Tax-1,953,379-32,989600-600-600-600-600-600-474-474-1,194-1,219-2,259506,350
Dividends Paid
Retained Profit-1,953,379-32,989600-600-600-600-600-600-474-474-1,194-1,219-2,259506,350
Employee Costs94,29389,78087,68886,26985,1256,723,6714,455,9982,175,020430,421534,590484,465
Number Of Employees2222216912061121514
EBITDA*-1,953,379-32,98974141,73941,739-600-600-600-474-474-1,194-1,220-2,261703,263

* Earnings Before Interest, Tax, Depreciation and Amortisation

Nov 2023Nov 2022Nov 2021Nov 2020Nov 2019Nov 2018Nov 2017Nov 2016Nov 2015Nov 2014Nov 2013Nov 2012Dec 2011Dec 2010Dec 2009
Tangible Assets1,005
Intangible Assets
Investments & Other67,7341,0051,0051,0051,0051,0051,0051,0051,0051,0055555
Debtors (Due After 1 year)
Total Fixed Assets67,7341,0051,0051,0051,0051,0051,0051,0051,0051,0051,0055555
Stock & work in progress
Trade Debtors3,646,1593,610,8091,804,90815,65015,65015,65015,650
Group Debtors1,953,3741,953,3741,950,4731,920,7743,391,7742,383,774
Misc Debtors15,65015,65015,65015,65015,65015,650
Cash350280
misc current assets1,408,0591,496,1751,405,1751,312,675
total current assets1,953,3741,969,0241,966,1231,936,4241,852,4243,407,4242,399,4243,661,8093,610,8091,804,9081,423,7091,511,8251,421,1751,328,605
total assets67,7341,954,3791,970,0291,967,1281,937,4291,853,4293,408,4292,400,4293,662,8143,611,8141,805,9131,423,7141,511,8301,421,1801,328,610
Bank overdraft
Bank loan
Trade Creditors 3,011,0841,204,709822,036908,958817,089722,260
Group/Directors Accounts1,445,4441,379,6981,371,6981,368,7981,339,0982,808,8981,800,2983,062,083
other short term finances1,254,498
hp & lease commitments
other current liabilities10,3289,3401601601601601
total current liabilities1,455,7721,389,0381,371,6991,368,7981,339,6991,255,0992,809,4991,800,8993,062,6843,011,0841,204,709822,036908,958817,089722,260
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
total long term liabilities
total liabilities1,455,7721,389,0381,371,6991,368,7981,339,6991,255,0992,809,4991,800,8993,062,6843,011,0841,204,709822,036908,958817,089722,260
net assets-1,388,038565,341598,330598,330597,730598,330598,930599,530600,130600,730601,204601,678602,872604,091606,350
total shareholders funds-1,388,038565,341598,330598,330597,730598,330598,930599,530600,130600,730601,204601,678602,872604,091606,350
Nov 2023Nov 2022Nov 2021Nov 2020Nov 2019Nov 2018Nov 2017Nov 2016Nov 2015Nov 2014Nov 2013Nov 2012Dec 2011Dec 2010Dec 2009
Operating Activities
Operating Profit-1,953,379-32,98974141,73941,739-600-600-600-474-474-1,194-1,220-2,261703,263
Depreciation
Amortisation
Tax-141-196,914
Stock
Debtors-1,953,374-15,6502,90129,6991,936,424-3,407,4241,008,000-1,262,38551,0001,805,9011,789,25815,650
Creditors-3,011,0841,806,375382,673-86,92291,86994,829722,260
Accruals and Deferred Income9889,3391-601601-601601
Deferred Taxes & Provisions
Cash flow from operations983-8,000-2,900-29,700-1,894,0843,448,562-1,008,6001,261,785-3,062,083-1,407,059-88,11690,64992,5681,212,959
Investing Activities
capital expenditure1,005-1,005
Change in Investments66,7291,005-1,0051,0005
cash flow from investments-66,729-1,000-5
Financing Activities
Bank loans
Group/Directors Accounts65,7468,0002,90029,7001,339,098-2,808,8981,008,600-1,261,7853,062,083
Other Short Term Loans -1,254,4981,254,498
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
share issue100,000
interest-42,339-42,339121
cash flow from financing65,7468,0002,90029,70042,261-1,596,7391,008,600-1,261,7853,062,08312100,001
cash and cash equivalents
cash-35070280
overdraft
change in cash-35070280

britannic property developments limited 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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Britannic Property Developments Limited Competitor Analysis

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Perform a competitor analysis for britannic property developments limited by selecting its closest rivals, whether from the CONSTRUCTION sector, other small companies, companies in WD6 area or any other competitors across 12 key performance metrics.

britannic property developments limited Ownership

BRITANNIC PROPERTY DEVELOPMENTS LIMITED group structure

Britannic Property Developments Limited has 2 subsidiary companies.

Ultimate parent company

BRITANNIC PROPERTY DEVELOPMENTS LIMITED

02051447

2 subsidiaries

BRITANNIC PROPERTY DEVELOPMENTS LIMITED Shareholders

britannic trustees ltd 100%
britannic trustees ltd & ramesh govindji sachdev 0%

britannic property developments limited directors

Britannic Property Developments Limited currently has 2 directors. The longest serving directors include Mr Ramesh Sachdev (Oct 1991) and Mrs Pratibha Sachdev (Oct 1991).

officercountryagestartendrole
Mr Ramesh SachdevUnited Kingdom79 years Oct 1991- Director
Mrs Pratibha SachdevUnited Kingdom77 years Oct 1991- Director

P&L

November 2023

turnover

535.6k

0%

operating profit

-2m

0%

gross margin

26.6%

+3.54%

turnover

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

Balance Sheet

November 2023

net assets

-1.4m

-3.46%

total assets

67.7k

-0.97%

cash

0

0%

net assets

Total assets minus all liabilities

britannic property developments limited company details

company number

02051447

Type

Private limited with Share Capital

industry

41100 - Development of building projects

incorporation date

September 1986

age

39

incorporated

UK

ultimate parent company

None

accounts

Total Exemption Full

last accounts submitted

November 2023

previous names

utopia property co limited (October 1986)

accountant

STERLING

auditor

-

address

regent house theobald street, borehamwood, WD6 4RS

Bank

BANK OF SCOTLAND

Legal Advisor

-

britannic property 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 15 charges/mortgages relating to britannic property developments limited. Currently there are 2 open charges and 13 have been satisfied in the past.

britannic property 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.

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britannic property developments limited Companies House Filings - See Documents

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