hempel property developments limited
hempel property developments limited Company Information
Company Number
02682779
Next Accounts
Sep 2025
Shareholders
hempel property holdings limited
Group Structure
View All
Industry
Development of building projects
Registered Address
higgison house, 381-383 city road, london, EC1V 1NW
Website
-hempel property developments limited Estimated Valuation
Pomanda estimates the enterprise value of HEMPEL PROPERTY DEVELOPMENTS LIMITED at £790.1k based on a Turnover of £1.5m and 0.52x industry multiple (adjusted for size and gross margin).
hempel property developments limited Estimated Valuation
Pomanda estimates the enterprise value of HEMPEL PROPERTY DEVELOPMENTS LIMITED at £442.8k based on an EBITDA of £111.8k and a 3.96x industry multiple (adjusted for size and gross margin).
hempel property developments limited Estimated Valuation
Pomanda estimates the enterprise value of HEMPEL PROPERTY DEVELOPMENTS LIMITED at £7.4m based on Net Assets of £5m and 1.49x industry multiple (adjusted for liquidity).
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Hempel Property Developments Limited Overview
Hempel Property Developments Limited is a live company located in london, EC1V 1NW with a Companies House number of 02682779. It operates in the development of building projects sector, SIC Code 41100. Founded in January 1992, it's largest shareholder is hempel property holdings limited with a 100% stake. Hempel Property Developments Limited is a mature, small sized company, Pomanda has estimated its turnover at £1.5m with declining growth in recent years.
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Hempel Property Developments Limited Health Check
Pomanda's financial health check has awarded Hempel Property Developments Limited a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 3 areas for improvement. Company Health Check FAQs
2 Strong
6 Regular
3 Weak
Size
annual sales of £1.5m, make it smaller than the average company (£2.5m)
- Hempel Property Developments Limited
£2.5m - Industry AVG
Growth
3 year (CAGR) sales growth of -22%, show it is growing at a slower rate (4.8%)
- Hempel Property Developments Limited
4.8% - Industry AVG
Production
with a gross margin of 27.1%, this company has a comparable cost of product (27.1%)
- Hempel Property Developments Limited
27.1% - Industry AVG
Profitability
an operating margin of 7.3% make it as profitable than the average company (7%)
- Hempel Property Developments Limited
7% - Industry AVG
Employees
with 6 employees, this is similar to the industry average (7)
- Hempel Property Developments Limited
7 - Industry AVG
Pay Structure
on an average salary of £48.3k, the company has an equivalent pay structure (£48.3k)
- Hempel Property Developments Limited
£48.3k - Industry AVG
Efficiency
resulting in sales per employee of £255.4k, this is equally as efficient (£292k)
- Hempel Property Developments Limited
£292k - Industry AVG
Debtor Days
it gets paid by customers after 41 days, this is later than average (28 days)
- Hempel Property Developments Limited
28 days - Industry AVG
Creditor Days
its suppliers are paid after 32 days, this is close to average (31 days)
- Hempel Property Developments Limited
31 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Hempel Property Developments Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 43 weeks, this is more cash available to meet short term requirements (12 weeks)
43 weeks - Hempel Property Developments Limited
12 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 20.5%, this is a lower level of debt than the average (73.4%)
20.5% - Hempel Property Developments Limited
73.4% - Industry AVG
HEMPEL PROPERTY DEVELOPMENTS LIMITED financials
Hempel Property Developments Limited's latest turnover from December 2023 is estimated at £1.5 million and the company has net assets of £5 million. According to their latest financial statements, we estimate that Hempel Property Developments Limited has 6 employees and maintains cash reserves of £321.3 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | |||||||||||||||
| Other Income Or Grants | |||||||||||||||
| Cost Of Sales | |||||||||||||||
| Gross Profit | |||||||||||||||
| Admin Expenses | |||||||||||||||
| Operating Profit | |||||||||||||||
| Interest Payable | |||||||||||||||
| Interest Receivable | |||||||||||||||
| Pre-Tax Profit | |||||||||||||||
| Tax | |||||||||||||||
| Profit After Tax | |||||||||||||||
| Dividends Paid | |||||||||||||||
| Retained Profit | |||||||||||||||
| Employee Costs | |||||||||||||||
| Number Of Employees | |||||||||||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 3,850,000 | 2,771,136 | 2,774,624 | 2,775,383 | 2,776,277 | 2,777,328 | 2,772,900 | ||||||||
| Intangible Assets | |||||||||||||||
| Investments & Other | 5,600,000 | 5,600,000 | 5,600,000 | 5,600,000 | 5,600,000 | 3,850,000 | 3,850,000 | 3,850,000 | |||||||
| Debtors (Due After 1 year) | |||||||||||||||
| Total Fixed Assets | 5,600,000 | 5,600,000 | 5,600,000 | 5,600,000 | 5,600,000 | 3,850,000 | 3,850,000 | 3,850,000 | 3,850,000 | 2,771,136 | 2,774,624 | 2,775,383 | 2,776,277 | 2,777,328 | 2,772,900 |
| Stock & work in progress | |||||||||||||||
| Trade Debtors | 174,816 | 97,278 | 145,277 | 383,268 | 442,385 | 302,702 | 237,315 | 84,586 | 56,406 | 250,203 | 238,566 | 304,404 | 406,991 | 393,247 | 462,625 |
| Group Debtors | 158,132 | 158,132 | 158,132 | 143,442 | 108,442 | 168,442 | 289,531 | 148,193 | 148,813 | ||||||
| Misc Debtors | 1,845 | 777 | 35,486 | 35,986 | 30,921 | 4,211 | 4,220 | 1,886 | 1,872 | ||||||
| Cash | 321,348 | 159,130 | 170,742 | 202,591 | 50,828 | 25,604 | 18,710 | 61,108 | 16,800 | 1 | 3,770 | 8,098 | 17,481 | 17,455 | 20,506 |
| misc current assets | |||||||||||||||
| total current assets | 656,141 | 415,317 | 509,637 | 765,287 | 632,576 | 500,959 | 549,776 | 295,773 | 223,891 | 250,204 | 242,336 | 312,502 | 424,472 | 410,702 | 483,131 |
| total assets | 6,256,141 | 6,015,317 | 6,109,637 | 6,365,287 | 6,232,576 | 4,350,959 | 4,399,776 | 4,145,773 | 4,073,891 | 3,021,340 | 3,016,960 | 3,087,885 | 3,200,749 | 3,188,030 | 3,256,031 |
| Bank overdraft | 20,245 | 83,149 | 4,695 | 7,544 | |||||||||||
| Bank loan | |||||||||||||||
| Trade Creditors | 99,581 | 79,786 | 8,858 | 200,738 | 196,515 | 122,992 | 106,253 | 27,122 | 28,586 | 466,050 | 791,769 | 814,170 | 779,305 | 620,583 | 474,990 |
| Group/Directors Accounts | 134,588 | 20,013 | 192,147 | 296,189 | 268,047 | 268,047 | 264,479 | 243,928 | 255,245 | ||||||
| other short term finances | |||||||||||||||
| hp & lease commitments | |||||||||||||||
| other current liabilities | 152,025 | 138,881 | 153,537 | 149,315 | 123,389 | 61,240 | 100,335 | 110,244 | 87,604 | ||||||
| total current liabilities | 386,194 | 238,680 | 354,542 | 646,242 | 587,951 | 472,524 | 554,216 | 385,989 | 378,979 | 466,050 | 791,769 | 814,170 | 779,305 | 620,583 | 474,990 |
| loans | |||||||||||||||
| hp & lease commitments | |||||||||||||||
| Accruals and Deferred Income | |||||||||||||||
| other liabilities | 130,000 | 130,000 | 130,000 | 130,000 | 130,000 | 130,000 | 130,000 | 130,000 | 130,000 | 130,000 | 130,000 | 220,118 | 511,956 | 797,460 | 1,123,103 |
| provisions | 768,025 | 768,025 | 768,025 | 768,025 | 768,025 | 435,525 | 435,525 | 435,525 | 435,525 | ||||||
| total long term liabilities | 898,025 | 898,025 | 898,025 | 898,025 | 898,025 | 565,525 | 565,525 | 565,525 | 565,525 | 130,000 | 130,000 | 220,118 | 511,956 | 797,460 | 1,123,103 |
| total liabilities | 1,284,219 | 1,136,705 | 1,252,567 | 1,544,267 | 1,485,976 | 1,038,049 | 1,119,741 | 951,514 | 944,504 | 596,050 | 921,769 | 1,034,288 | 1,291,261 | 1,418,043 | 1,598,093 |
| net assets | 4,971,922 | 4,878,612 | 4,857,070 | 4,821,020 | 4,746,600 | 3,312,910 | 3,280,035 | 3,194,259 | 3,129,387 | 2,425,290 | 2,095,191 | 2,053,597 | 1,909,488 | 1,769,987 | 1,657,938 |
| total shareholders funds | 4,971,922 | 4,878,612 | 4,857,070 | 4,821,020 | 4,746,600 | 3,312,910 | 3,280,035 | 3,194,259 | 3,129,387 | 2,425,290 | 2,095,191 | 2,053,597 | 1,909,488 | 1,769,987 | 1,657,938 |
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | |||||||||||||||
| Depreciation | 646 | 760 | 894 | 1,051 | 1,237 | 455 | |||||||||
| Amortisation | |||||||||||||||
| Tax | |||||||||||||||
| Stock | |||||||||||||||
| Debtors | 78,606 | -82,708 | -223,801 | -19,052 | 106,393 | -55,711 | 296,401 | 27,574 | -43,112 | 11,637 | -65,838 | -102,587 | 13,744 | -69,378 | 462,625 |
| Creditors | 19,795 | 70,928 | -191,880 | 4,223 | 73,523 | 16,739 | 79,131 | -1,464 | -437,464 | -325,719 | -22,401 | 34,865 | 158,722 | 145,593 | 474,990 |
| Accruals and Deferred Income | 13,144 | -14,656 | 4,222 | 25,926 | 62,149 | -39,095 | -9,909 | 22,640 | 87,604 | ||||||
| Deferred Taxes & Provisions | 332,500 | 435,525 | |||||||||||||
| Cash flow from operations | |||||||||||||||
| Investing Activities | |||||||||||||||
| capital expenditure | |||||||||||||||
| Change in Investments | 1,750,000 | 3,850,000 | |||||||||||||
| cash flow from investments | |||||||||||||||
| Financing Activities | |||||||||||||||
| Bank loans | |||||||||||||||
| Group/Directors Accounts | 114,575 | -172,134 | -104,042 | 28,142 | 3,568 | 20,551 | -11,317 | 255,245 | |||||||
| Other Short Term Loans | |||||||||||||||
| Long term loans | |||||||||||||||
| Hire Purchase and Lease Commitments | |||||||||||||||
| other long term liabilities | -90,118 | -291,838 | -285,504 | -325,643 | 1,123,103 | ||||||||||
| share issue | |||||||||||||||
| interest | |||||||||||||||
| cash flow from financing | |||||||||||||||
| cash and cash equivalents | |||||||||||||||
| cash | 162,218 | -11,612 | -31,849 | 151,763 | 25,224 | 6,894 | -42,398 | 44,308 | 16,799 | -3,769 | -4,328 | -9,383 | 26 | -3,051 | 20,506 |
| overdraft | -20,245 | -62,904 | 78,454 | -2,849 | 7,544 | ||||||||||
| change in cash | 162,218 | -11,612 | -31,849 | 151,763 | 45,469 | 69,798 | -120,852 | 47,157 | 9,255 | -3,769 | -4,328 | -9,383 | 26 | -3,051 | 20,506 |
hempel property developments limited Credit Report and Business Information
Hempel Property Developments Limited Competitor Analysis
Perform a competitor analysis for hempel property developments limited by selecting its closest rivals, whether from the CONSTRUCTION sector, other small companies, companies in EC1V area or any other competitors across 12 key performance metrics.
hempel property developments limited Ownership
HEMPEL PROPERTY DEVELOPMENTS LIMITED group structure
Hempel Property Developments Limited has 1 subsidiary company.
Ultimate parent company
INVESTMENT CONSORTIUM LTD
#0030768
2 parents
HEMPEL PROPERTY DEVELOPMENTS LIMITED
02682779
1 subsidiary
hempel property developments limited directors
Hempel Property Developments Limited currently has 3 directors. The longest serving directors include Amarjit Sandhu (Sep 1997) and Mr Ricky Sandhu (May 2011).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Amarjit Sandhu | 84 years | Sep 1997 | - | Director | |
| Mr Ricky Sandhu | 54 years | May 2011 | - | Director | |
| Ms Kamlinder Sandhu | 77 years | Jun 2024 | - | Director |
P&L
December 2023turnover
1.5m
+66%
operating profit
111.8k
0%
gross margin
27.2%
+1.6%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
5m
+0.02%
total assets
6.3m
+0.04%
cash
321.3k
+1.02%
net assets
Total assets minus all liabilities
hempel property developments limited company details
company number
02682779
Type
Private limited with Share Capital
industry
41100 - Development of building projects
incorporation date
January 1992
age
33
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
December 2023
previous names
hempel property development limited (May 2021)
devonshire property developments limited (May 2021)
accountant
-
auditor
-
address
higgison house, 381-383 city road, london, EC1V 1NW
Bank
ALLIED IRISH BANK
Legal Advisor
-
hempel 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 10 charges/mortgages relating to hempel property developments limited. Currently there are 10 open charges and 0 have been satisfied in the past.
hempel 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.
Click to start generating capital raising & share issue transactions for HEMPEL PROPERTY DEVELOPMENTS LIMITED. This can take several minutes, an email will notify you when this has completed.
hempel property developments limited Companies House Filings - See Documents
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