cassidy developments limited
cassidy developments limited Company Information
Company Number
03065373
Website
cassidygroup.comRegistered Address
station house midland drive, sutton coldfield, west midlands, B72 1TU
Industry
Buying and selling of own real estate
Telephone
-
Next Accounts Due
October 2024
Group Structure
View All
Shareholders
mr patric cassidy 50%
mr james patrick cassidy 50%
cassidy developments limited Estimated Valuation
Pomanda estimates the enterprise value of CASSIDY DEVELOPMENTS LIMITED at £261.8k based on a Turnover of £173k and 1.51x industry multiple (adjusted for size and gross margin).
cassidy developments limited Estimated Valuation
Pomanda estimates the enterprise value of CASSIDY DEVELOPMENTS LIMITED at £0 based on an EBITDA of £-773.9k and a 3.98x industry multiple (adjusted for size and gross margin).
cassidy developments limited Estimated Valuation
Pomanda estimates the enterprise value of CASSIDY DEVELOPMENTS LIMITED at £0 based on Net Assets of £-2m and 1.46x industry multiple (adjusted for liquidity).
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Cassidy Developments Limited Overview
Cassidy Developments Limited is a dissolved company that was located in west midlands, B72 1TU with a Companies House number of 03065373. It operated in the buying and selling of own real estate sector, SIC Code 68100. Founded in June 1995, it's largest shareholder was mr patric cassidy with a 50% stake. The last turnover for Cassidy Developments Limited was estimated at £173k.
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Cassidy Developments Limited Health Check
Pomanda's financial health check has awarded Cassidy Developments Limited a 1 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 8 areas for improvement. Company Health Check FAQs
1 Strong
1 Regular
8 Weak
Size
annual sales of £173k, make it smaller than the average company (£411k)
- Cassidy Developments Limited
£411k - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Cassidy Developments Limited
- - Industry AVG
Production
with a gross margin of 20.6%, this company has a higher cost of product (65.6%)
- Cassidy Developments Limited
65.6% - Industry AVG
Profitability
an operating margin of -453.7% make it less profitable than the average company (48.9%)
- Cassidy Developments Limited
48.9% - Industry AVG
Employees
with 1 employees, this is below the industry average (4)
- Cassidy Developments Limited
4 - Industry AVG
Pay Structure
on an average salary of £34.2k, the company has an equivalent pay structure (£34.2k)
- Cassidy Developments Limited
£34.2k - Industry AVG
Efficiency
resulting in sales per employee of £173k, this is less efficient (£214k)
- Cassidy Developments Limited
£214k - Industry AVG
Debtor Days
it gets paid by customers after 84 days, this is later than average (26 days)
- Cassidy Developments Limited
26 days - Industry AVG
Creditor Days
its suppliers are paid after 294 days, this is slower than average (45 days)
- Cassidy Developments Limited
45 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Cassidy Developments Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 1 weeks, this is less cash available to meet short term requirements (9 weeks)
1 weeks - Cassidy Developments Limited
9 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 2150.6%, this is a higher level of debt than the average (67.8%)
2150.6% - Cassidy Developments Limited
67.8% - Industry AVG
CASSIDY DEVELOPMENTS LIMITED financials
Cassidy Developments Limited's latest turnover from June 2011 is estimated at £173 thousand and the company has net assets of -£2 million. According to their latest financial statements, we estimate that Cassidy Developments Limited has 1 employee and maintains cash reserves of £2.8 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jun 2011 | Jun 2010 | |
|---|---|---|
| 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
| Jun 2011 | Jun 2010 | |
|---|---|---|
| Tangible Assets | 56,831 | 67,888 |
| Intangible Assets | 0 | 0 |
| Investments & Other | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 |
| Total Fixed Assets | 56,831 | 67,888 |
| Stock & work in progress | 0 | 231,173 |
| Trade Debtors | 39,891 | 2,147,414 |
| Group Debtors | 0 | 0 |
| Misc Debtors | 0 | 0 |
| Cash | 2,765 | 132,424 |
| misc current assets | 0 | 0 |
| total current assets | 42,656 | 2,511,011 |
| total assets | 99,487 | 2,578,899 |
| Bank overdraft | 0 | 0 |
| Bank loan | 0 | 0 |
| Trade Creditors | 110,975 | 1,369,776 |
| Group/Directors Accounts | 0 | 0 |
| other short term finances | 0 | 0 |
| hp & lease commitments | 0 | 0 |
| other current liabilities | 0 | 0 |
| total current liabilities | 110,975 | 1,369,776 |
| loans | 2,028,630 | 0 |
| hp & lease commitments | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 |
| other liabilities | 0 | 2,398,684 |
| provisions | 0 | 0 |
| total long term liabilities | 2,028,630 | 2,398,684 |
| total liabilities | 2,139,605 | 3,768,460 |
| net assets | -2,040,118 | -1,189,561 |
| total shareholders funds | -2,040,118 | -1,189,561 |
| Jun 2011 | Jun 2010 | |
|---|---|---|
| Operating Activities | ||
| Operating Profit | ||
| Depreciation | 11,057 | 31,086 |
| Amortisation | 0 | 0 |
| Tax | ||
| Stock | -231,173 | 231,173 |
| Debtors | -2,107,523 | 2,147,414 |
| Creditors | -1,258,801 | 1,369,776 |
| Accruals and Deferred Income | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 |
| Cash flow from operations | ||
| Investing Activities | ||
| capital expenditure | ||
| Change in Investments | 0 | 0 |
| cash flow from investments | ||
| Financing Activities | ||
| Bank loans | 0 | 0 |
| Group/Directors Accounts | 0 | 0 |
| Other Short Term Loans | 0 | 0 |
| Long term loans | 2,028,630 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 |
| other long term liabilities | -2,398,684 | 2,398,684 |
| share issue | ||
| interest | ||
| cash flow from financing | ||
| cash and cash equivalents | ||
| cash | -129,659 | 132,424 |
| overdraft | 0 | 0 |
| change in cash | -129,659 | 132,424 |
cassidy developments limited Credit Report and Business Information
Cassidy Developments Limited Competitor Analysis
Perform a competitor analysis for cassidy developments limited by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other undefined companies, companies in B72 area or any other competitors across 12 key performance metrics.
cassidy developments limited Ownership
CASSIDY DEVELOPMENTS LIMITED group structure
Cassidy Developments Limited has no subsidiary companies.
Ultimate parent company
CASSIDY DEVELOPMENTS LIMITED
03065373
cassidy developments limited directors
Cassidy Developments Limited currently has 2 directors. The longest serving directors include Mr James Cassidy (Jun 1995) and Mr Patric Cassidy (Feb 2004).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr James Cassidy | England | 58 years | Jun 1995 | - | Director |
| Mr Patric Cassidy | United Kingdom | 60 years | Feb 2004 | - | Director |
P&L
June 2011turnover
173k
-97%
operating profit
-785k
0%
gross margin
20.7%
+16.46%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
June 2011net assets
-2m
+0.72%
total assets
99.5k
-0.96%
cash
2.8k
-0.98%
net assets
Total assets minus all liabilities
cassidy developments limited company details
company number
03065373
Type
Private limited with Share Capital
industry
68100 - Buying and selling of own real estate
incorporation date
June 1995
age
29
incorporated
UK
accounts
Total Exemption Small
ultimate parent company
previous names
N/A
last accounts submitted
June 2011
address
station house midland drive, sutton coldfield, west midlands, B72 1TU
accountant
-
auditor
-
cassidy 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 38 charges/mortgages relating to cassidy developments limited. Currently there are 0 open charges and 38 have been satisfied in the past.
cassidy developments limited Companies House Filings - See Documents
| date | description | view/download |
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