london & argyll developments limited
london & argyll developments limited Company Information
Company Number
02693021
Website
www.londonandargyll.comRegistered Address
35 ballards lane, london, N3 1XW
Industry
Development of building projects
Telephone
442072871766
Next Accounts Due
September 2025
Group Structure
View All
Shareholders
quality property company ltd 50%
london & argyll ltd 50%
london & argyll developments limited Estimated Valuation
Pomanda estimates the enterprise value of LONDON & ARGYLL DEVELOPMENTS LIMITED at £1.4m based on a Turnover of £2.6m and 0.56x industry multiple (adjusted for size and gross margin).
london & argyll developments limited Estimated Valuation
Pomanda estimates the enterprise value of LONDON & ARGYLL DEVELOPMENTS LIMITED at £1.8m based on an EBITDA of £424.2k and a 4.16x industry multiple (adjusted for size and gross margin).
london & argyll developments limited Estimated Valuation
Pomanda estimates the enterprise value of LONDON & ARGYLL DEVELOPMENTS LIMITED at £2.4m based on Net Assets of £1.8m and 1.34x industry multiple (adjusted for liquidity).
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London & Argyll Developments Limited Overview
London & Argyll Developments Limited is a live company located in london, N3 1XW with a Companies House number of 02693021. It operates in the development of building projects sector, SIC Code 41100. Founded in March 1992, it's largest shareholder is quality property company ltd with a 50% stake. London & Argyll Developments Limited is a mature, small sized company, Pomanda has estimated its turnover at £2.6m with healthy growth in recent years.
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London & Argyll Developments Limited Health Check
Pomanda's financial health check has awarded London & Argyll Developments Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 2 areas for improvement. Company Health Check FAQs
5 Strong
5 Regular
2 Weak
Size
annual sales of £2.6m, make it in line with the average company (£2.7m)
- London & Argyll Developments Limited
£2.7m - Industry AVG
Growth
3 year (CAGR) sales growth of 6%, show it is growing at a faster rate (4.6%)
- London & Argyll Developments Limited
4.6% - Industry AVG
Production
with a gross margin of 25.8%, this company has a comparable cost of product (25.8%)
- London & Argyll Developments Limited
25.8% - Industry AVG
Profitability
an operating margin of 16.6% make it more profitable than the average company (6.5%)
- London & Argyll Developments Limited
6.5% - Industry AVG
Employees
with 2 employees, this is below the industry average (6)
2 - London & Argyll Developments Limited
6 - Industry AVG
Pay Structure
on an average salary of £49.1k, the company has an equivalent pay structure (£49.1k)
- London & Argyll Developments Limited
£49.1k - Industry AVG
Efficiency
resulting in sales per employee of £1.3m, this is more efficient (£311k)
- London & Argyll Developments Limited
£311k - Industry AVG
Debtor Days
it gets paid by customers after 24 days, this is near the average (28 days)
- London & Argyll Developments Limited
28 days - Industry AVG
Creditor Days
its suppliers are paid after 35 days, this is slower than average (30 days)
- London & Argyll Developments Limited
30 days - Industry AVG
Stock Days
it holds stock equivalent to 1068 days, this is more than average (157 days)
- London & Argyll Developments Limited
157 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 27 weeks, this is more cash available to meet short term requirements (11 weeks)
27 weeks - London & Argyll Developments Limited
11 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 72.3%, this is a similar level of debt than the average (73.8%)
72.3% - London & Argyll Developments Limited
73.8% - Industry AVG
LONDON & ARGYLL DEVELOPMENTS LIMITED financials
London & Argyll Developments Limited's latest turnover from December 2023 is estimated at £2.6 million and the company has net assets of £1.8 million. According to their latest financial statements, London & Argyll Developments Limited has 2 employees and maintains cash reserves of £617.4 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 | 2 | 2 | 2 | 2 | 2 | ||||||||||
| 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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 100 | 100 | 100 |
| Intangible Assets | 0 | 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 | 1 | 1 | 1 | 1 | 1 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 1 | 101 | 101 | 101 |
| Stock & work in progress | 5,555,384 | 5,475,469 | 5,248,232 | 4,746,918 | 4,337,697 | 4,260,054 | 4,202,330 | 3,563,591 | 2,694,548 | 2,128,040 | 2,103,640 | 2,264,550 | 2,211,428 | 2,179,959 | 3,206,193 |
| Trade Debtors | 174,107 | 165,650 | 234,604 | 145,595 | 166,028 | 185,177 | 317,962 | 148,905 | 256,668 | 1,858,792 | 1,462,224 | 1,427,451 | 1,251,417 | 1,071,729 | 239,160 |
| Group Debtors | 0 | 0 | 3,310,000 | 3,274,000 | 4,670,000 | 4,040,000 | 2,990,000 | 1,615,000 | 1,615,000 | 0 | 0 | 0 | 0 | 0 | 960,000 |
| Misc Debtors | 95,082 | 92,344 | 86,027 | 97,783 | 132,948 | 133,711 | 156,932 | 58,656 | 30,425 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 617,441 | 459,596 | 711,487 | 1,594,850 | 401,494 | 626,984 | 573,939 | 353,757 | 84,643 | 157,486 | 432,461 | 56,023 | 37,177 | 184,540 | 125,904 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 6,442,014 | 6,193,059 | 9,590,350 | 9,859,146 | 9,708,167 | 9,245,926 | 8,241,163 | 5,739,909 | 4,681,284 | 4,144,318 | 3,998,325 | 3,748,024 | 3,500,022 | 3,436,228 | 4,531,257 |
| total assets | 6,442,014 | 6,193,059 | 9,590,350 | 9,859,146 | 9,708,167 | 9,245,926 | 8,241,163 | 5,739,909 | 4,681,284 | 4,144,318 | 3,998,326 | 3,748,025 | 3,500,123 | 3,436,329 | 4,531,358 |
| Bank overdraft | 0 | 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 | 0 |
| Trade Creditors | 183,664 | 75,087 | 83,844 | 249,299 | 260,460 | 334,991 | 175,749 | 323,938 | 127,744 | 281,638 | 299,541 | 314,169 | 342,906 | 563,911 | 3,715,225 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 780,065 |
| other short term finances | 0 | 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 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 973,463 | 882,679 | 540,335 | 544,064 | 729,685 | 903,914 | 1,056,335 | 490,475 | 301,298 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 1,157,127 | 957,766 | 624,179 | 793,363 | 990,145 | 1,238,905 | 1,232,084 | 814,413 | 429,042 | 281,638 | 299,541 | 314,169 | 342,906 | 563,911 | 4,495,290 |
| loans | 3,500,000 | 3,500,000 | 6,525,000 | 7,025,000 | 6,025,000 | 5,275,000 | 3,775,000 | 1,600,000 | 1,700,000 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1,700,000 | 1,700,000 | 1,700,000 | 1,700,000 | 1,700,000 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 3,500,000 | 3,500,000 | 6,525,000 | 7,025,000 | 6,025,000 | 5,275,000 | 3,775,000 | 1,600,000 | 1,700,000 | 1,700,000 | 1,700,000 | 1,700,000 | 1,700,000 | 1,700,000 | 0 |
| total liabilities | 4,657,127 | 4,457,766 | 7,149,179 | 7,818,363 | 7,015,145 | 6,513,905 | 5,007,084 | 2,414,413 | 2,129,042 | 1,981,638 | 1,999,541 | 2,014,169 | 2,042,906 | 2,263,911 | 4,495,290 |
| net assets | 1,784,887 | 1,735,293 | 2,441,171 | 2,040,783 | 2,693,022 | 2,732,021 | 3,234,079 | 3,325,496 | 2,552,242 | 2,162,680 | 1,998,785 | 1,733,856 | 1,457,217 | 1,172,418 | 36,068 |
| total shareholders funds | 1,784,887 | 1,735,293 | 2,441,171 | 2,040,783 | 2,693,022 | 2,732,021 | 3,234,079 | 3,325,496 | 2,552,242 | 2,162,680 | 1,998,785 | 1,733,856 | 1,457,217 | 1,172,418 | 36,068 |
| 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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | |||||||||||||||
| Stock | 79,915 | 227,237 | 501,314 | 409,221 | 77,643 | 57,724 | 638,739 | 869,043 | 566,508 | 24,400 | -160,910 | 53,122 | 31,469 | -1,026,234 | 3,206,193 |
| Debtors | 11,195 | -3,372,637 | 113,253 | -1,451,598 | 610,088 | 893,994 | 1,642,333 | -79,532 | 43,301 | 396,568 | 34,773 | 176,034 | 179,688 | -127,431 | 1,199,160 |
| Creditors | 108,577 | -8,757 | -165,455 | -11,161 | -74,531 | 159,242 | -148,189 | 196,194 | -153,894 | -17,903 | -14,628 | -28,737 | -221,005 | -3,151,314 | 3,715,225 |
| Accruals and Deferred Income | 90,784 | 342,344 | -3,729 | -185,621 | -174,229 | -152,421 | 565,860 | 189,177 | 301,298 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | |||||||||||||||
| Investing Activities | |||||||||||||||
| capital expenditure | |||||||||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -1 | 0 | 0 | 0 | 0 | 1 |
| cash flow from investments | |||||||||||||||
| Financing Activities | |||||||||||||||
| Bank loans | 0 | 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 | 0 | -780,065 | 780,065 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | -3,025,000 | -500,000 | 1,000,000 | 750,000 | 1,500,000 | 2,175,000 | -100,000 | 1,700,000 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -1,700,000 | 0 | 0 | 0 | 0 | 1,700,000 | 0 |
| share issue | |||||||||||||||
| interest | |||||||||||||||
| cash flow from financing | |||||||||||||||
| cash and cash equivalents | |||||||||||||||
| cash | 157,845 | -251,891 | -883,363 | 1,193,356 | -225,490 | 53,045 | 220,182 | 269,114 | -72,843 | -274,975 | 376,438 | 18,846 | -147,363 | 58,636 | 125,904 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 157,845 | -251,891 | -883,363 | 1,193,356 | -225,490 | 53,045 | 220,182 | 269,114 | -72,843 | -274,975 | 376,438 | 18,846 | -147,363 | 58,636 | 125,904 |
london & argyll developments limited Credit Report and Business Information
London & Argyll Developments Limited Competitor Analysis
Perform a competitor analysis for london & argyll developments limited by selecting its closest rivals, whether from the CONSTRUCTION sector, other small companies, companies in N 3 area or any other competitors across 12 key performance metrics.
london & argyll developments limited Ownership
LONDON & ARGYLL DEVELOPMENTS LIMITED group structure
London & Argyll Developments Limited has no subsidiary companies.
Ultimate parent company
LONDON & ARGYLL DEVELOPMENTS LIMITED
02693021
london & argyll developments limited directors
London & Argyll Developments Limited currently has 2 directors. The longest serving directors include Mr Michael Greene (May 1992) and Mr Benjamin Carson (Sep 2014).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Michael Greene | United Kingdom | 66 years | May 1992 | - | Director |
| Mr Benjamin Carson | United Kingdom | 44 years | Sep 2014 | - | Director |
P&L
December 2023turnover
2.6m
+23%
operating profit
424.2k
0%
gross margin
25.8%
-0.43%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
1.8m
+0.03%
total assets
6.4m
+0.04%
cash
617.4k
+0.34%
net assets
Total assets minus all liabilities
london & argyll developments limited company details
company number
02693021
Type
Private limited with Share Capital
industry
41100 - Development of building projects
incorporation date
March 1992
age
32
incorporated
UK
accounts
Total Exemption Full
ultimate parent company
previous names
roseland estates limited (November 1994)
last accounts submitted
December 2023
address
35 ballards lane, london, N3 1XW
accountant
-
auditor
-
london & argyll 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 22 charges/mortgages relating to london & argyll developments limited. Currently there are 1 open charges and 21 have been satisfied in the past.
london & argyll developments limited Companies House Filings - See Documents
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