garrard developments limited
garrard developments limited Company Information
Company Number
03279097
Next Accounts
Dec 2025
Shareholders
john brett garrard
Group Structure
View All
Industry
Development of building projects
Registered Address
22 boulton road, stevenage, hertfordshire, SG1 4QX
garrard developments limited Estimated Valuation
Pomanda estimates the enterprise value of GARRARD DEVELOPMENTS LIMITED at £75.6k based on a Turnover of £154k and 0.49x industry multiple (adjusted for size and gross margin).
garrard developments limited Estimated Valuation
Pomanda estimates the enterprise value of GARRARD DEVELOPMENTS LIMITED at £3.5k based on an EBITDA of £915 and a 3.77x industry multiple (adjusted for size and gross margin).
garrard developments limited Estimated Valuation
Pomanda estimates the enterprise value of GARRARD DEVELOPMENTS LIMITED at £929.9k based on Net Assets of £622.4k and 1.49x industry multiple (adjusted for liquidity).
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Garrard Developments Limited Overview
Garrard Developments Limited is a live company located in hertfordshire, SG1 4QX with a Companies House number of 03279097. It operates in the development of building projects sector, SIC Code 41100. Founded in November 1996, it's largest shareholder is john brett garrard with a 100% stake. Garrard Developments Limited is a mature, micro sized company, Pomanda has estimated its turnover at £154k with low growth in recent years.
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Garrard Developments Limited Health Check
Pomanda's financial health check has awarded Garrard Developments Limited a 2 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 7 areas for improvement. Company Health Check FAQs
2 Strong
2 Regular
7 Weak
Size
annual sales of £154k, make it smaller than the average company (£2.3m)
- Garrard Developments Limited
£2.3m - Industry AVG
Growth
3 year (CAGR) sales growth of 2%, show it is growing at a slower rate (6.1%)
- Garrard Developments Limited
6.1% - Industry AVG
Production
with a gross margin of 26.3%, this company has a comparable cost of product (26.3%)
- Garrard Developments Limited
26.3% - Industry AVG
Profitability
an operating margin of 0.6% make it less profitable than the average company (7.7%)
- Garrard Developments Limited
7.7% - Industry AVG
Employees
with 2 employees, this is below the industry average (6)
2 - Garrard Developments Limited
6 - Industry AVG
Pay Structure
on an average salary of £48.4k, the company has an equivalent pay structure (£48.4k)
- Garrard Developments Limited
£48.4k - Industry AVG
Efficiency
resulting in sales per employee of £77k, this is less efficient (£281.8k)
- Garrard Developments Limited
£281.8k - Industry AVG
Debtor Days
it gets paid by customers after 2 days, this is earlier than average (27 days)
- Garrard Developments Limited
27 days - Industry AVG
Creditor Days
its suppliers are paid after 3 days, this is quicker than average (31 days)
- Garrard Developments Limited
31 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Garrard Developments Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 5 weeks, this is less cash available to meet short term requirements (11 weeks)
5 weeks - Garrard Developments Limited
11 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 39.7%, this is a lower level of debt than the average (73.7%)
39.7% - Garrard Developments Limited
73.7% - Industry AVG
GARRARD DEVELOPMENTS LIMITED financials
Garrard Developments Limited's latest turnover from March 2024 is estimated at £154 thousand and the company has net assets of £622.4 thousand. According to their latest financial statements, Garrard Developments Limited has 2 employees and maintains cash reserves of £43.4 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 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 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | ||||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 156 | 542 | 967 | 1,393 | 839 | |||
| Intangible Assets | |||||||||||||||
| Investments & Other | 980,000 | 980,000 | 980,000 | 980,000 | 980,000 | 980,000 | |||||||||
| Debtors (Due After 1 year) | 2,522 | ||||||||||||||
| Total Fixed Assets | 980,002 | 980,002 | 980,002 | 980,002 | 982,524 | 980,002 | 2 | 156 | 542 | 967 | 1,393 | 839 | |||
| Stock & work in progress | 676,924 | 1,462,977 | 1,400,688 | 1,785,208 | 1,992,201 | 1,851,659 | 1,766,120 | 1,883,366 | 1,835,219 | ||||||
| Trade Debtors | 1,150 | 1,100 | 1,100 | 2,200 | 1,100 | 2,200 | 283 | 686 | 478,367 | 113,962 | 176,094 | 63,807 | 11,749 | 57,422 | |
| Group Debtors | |||||||||||||||
| Misc Debtors | 7,834 | 7,135 | 3,312 | 4,466 | 28,985 | 6,079 | 5,435 | 48,600 | 198,958 | ||||||
| Cash | 43,383 | 245,147 | 593,593 | 78,919 | 1,349,196 | 597,434 | 1,159,038 | 694,313 | 246,966 | 32,843 | 26,058 | 45,241 | 3,511 | 6,352 | 3,796 |
| misc current assets | 2,063 | ||||||||||||||
| total current assets | 52,367 | 253,382 | 598,005 | 87,648 | 1,379,281 | 605,713 | 1,841,397 | 2,206,173 | 1,847,298 | 2,296,418 | 2,132,221 | 2,072,994 | 1,833,438 | 1,901,467 | 1,896,437 |
| total assets | 1,032,369 | 1,233,384 | 1,578,007 | 1,067,650 | 2,361,805 | 1,585,715 | 1,841,399 | 2,206,329 | 1,847,840 | 2,297,385 | 2,133,614 | 2,073,833 | 1,833,438 | 1,901,467 | 1,896,437 |
| Bank overdraft | |||||||||||||||
| Bank loan | |||||||||||||||
| Trade Creditors | 1,065 | 9,339 | 169 | 2,490 | 6,368 | 7,079 | 96,125 | 3,754 | 68,265 | 987,640 | 291,237 | 241,851 | 252,825 | 328,267 | 1,251,909 |
| Group/Directors Accounts | |||||||||||||||
| other short term finances | |||||||||||||||
| hp & lease commitments | |||||||||||||||
| other current liabilities | 408,902 | 608,010 | 945,804 | 433,646 | 1,721,450 | 933,431 | 1,084,910 | 1,576,336 | 328,552 | ||||||
| total current liabilities | 409,967 | 617,349 | 945,973 | 436,136 | 1,727,818 | 940,510 | 1,181,035 | 1,580,090 | 396,817 | 987,640 | 291,237 | 241,851 | 252,825 | 328,267 | 1,251,909 |
| loans | 750,000 | 1,295,952 | |||||||||||||
| hp & lease commitments | |||||||||||||||
| Accruals and Deferred Income | |||||||||||||||
| other liabilities | 630,000 | 90,000 | 54,048 | 1,350,000 | 1,108,828 | 1,100,000 | |||||||||
| provisions | |||||||||||||||
| total long term liabilities | 630,000 | 840,000 | 1,350,000 | 1,350,000 | 1,108,828 | 1,100,000 | 180,000 | ||||||||
| total liabilities | 409,967 | 617,349 | 945,973 | 436,136 | 1,727,818 | 940,510 | 1,181,035 | 1,580,090 | 1,026,817 | 1,827,640 | 1,641,237 | 1,591,851 | 1,361,653 | 1,428,267 | 1,431,909 |
| net assets | 622,402 | 616,035 | 632,034 | 631,514 | 633,987 | 645,205 | 660,364 | 626,239 | 821,023 | 469,745 | 492,377 | 481,982 | 471,785 | 473,200 | 464,528 |
| total shareholders funds | 622,402 | 616,035 | 632,034 | 631,514 | 633,987 | 645,205 | 660,364 | 626,239 | 821,023 | 469,745 | 492,377 | 481,982 | 471,785 | 473,200 | 464,528 |
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | |||||||||||||||
| Depreciation | 154 | 386 | 425 | 426 | 271 | 36 | |||||||||
| Amortisation | |||||||||||||||
| Tax | |||||||||||||||
| Stock | -676,924 | -786,053 | 62,289 | -384,520 | -206,993 | 140,542 | 85,539 | -117,246 | 48,147 | 1,835,219 | |||||
| Debtors | 749 | 3,823 | -2,254 | -25,941 | 24,328 | 2,844 | -43,448 | -150,761 | -278,723 | 364,405 | -62,132 | 112,287 | 52,058 | -45,673 | 57,422 |
| Creditors | -8,274 | 9,170 | -2,321 | -3,878 | -711 | -89,046 | 92,371 | -64,511 | -919,375 | 696,403 | 49,386 | -10,974 | -75,442 | -923,642 | 1,251,909 |
| Accruals and Deferred Income | -199,108 | -337,794 | 512,158 | -1,287,804 | 788,019 | -151,479 | -491,426 | 1,247,784 | 328,552 | ||||||
| Deferred Taxes & Provisions | |||||||||||||||
| Cash flow from operations | |||||||||||||||
| Investing Activities | |||||||||||||||
| capital expenditure | |||||||||||||||
| Change in Investments | 980,000 | ||||||||||||||
| cash flow from investments | |||||||||||||||
| Financing Activities | |||||||||||||||
| Bank loans | |||||||||||||||
| Group/Directors Accounts | |||||||||||||||
| Other Short Term Loans | |||||||||||||||
| Long term loans | -750,000 | -545,952 | 1,295,952 | ||||||||||||
| Hire Purchase and Lease Commitments | |||||||||||||||
| other long term liabilities | -630,000 | 540,000 | 35,952 | -1,295,952 | 241,172 | 8,828 | 1,100,000 | ||||||||
| share issue | |||||||||||||||
| interest | |||||||||||||||
| cash flow from financing | |||||||||||||||
| cash and cash equivalents | |||||||||||||||
| cash | -201,764 | -348,446 | 514,674 | -1,270,277 | 751,762 | -561,604 | 464,725 | 447,347 | 214,123 | 6,785 | -19,183 | 41,730 | -2,841 | 2,556 | 3,796 |
| overdraft | |||||||||||||||
| change in cash | -201,764 | -348,446 | 514,674 | -1,270,277 | 751,762 | -561,604 | 464,725 | 447,347 | 214,123 | 6,785 | -19,183 | 41,730 | -2,841 | 2,556 | 3,796 |
garrard developments limited Credit Report and Business Information
Garrard Developments Limited Competitor Analysis
Perform a competitor analysis for garrard developments limited by selecting its closest rivals, whether from the CONSTRUCTION sector, other micro companies, companies in SG1 area or any other competitors across 12 key performance metrics.
garrard developments limited Ownership
GARRARD DEVELOPMENTS LIMITED group structure
Garrard Developments Limited has no subsidiary companies.
Ultimate parent company
GARRARD DEVELOPMENTS LIMITED
03279097
garrard developments limited directors
Garrard Developments Limited currently has 2 directors. The longest serving directors include Mr John Garrard (Nov 1996) and Ms Dawn Mahoney (Nov 2017).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr John Garrard | 72 years | Nov 1996 | - | Director | |
| Ms Dawn Mahoney | 65 years | Nov 2017 | - | Director |
P&L
March 2024turnover
154k
-12%
operating profit
915.4
0%
gross margin
26.4%
+1.42%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2024net assets
622.4k
+0.01%
total assets
1m
-0.16%
cash
43.4k
-0.82%
net assets
Total assets minus all liabilities
garrard developments limited company details
company number
03279097
Type
Private limited with Share Capital
industry
41100 - Development of building projects
incorporation date
November 1996
age
29
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
March 2024
previous names
N/A
accountant
MENZIES
auditor
-
address
22 boulton road, stevenage, hertfordshire, SG1 4QX
Bank
-
Legal Advisor
-
garrard 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 11 charges/mortgages relating to garrard developments limited. Currently there are 0 open charges and 11 have been satisfied in the past.
garrard 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 GARRARD DEVELOPMENTS LIMITED. This can take several minutes, an email will notify you when this has completed.
garrard developments limited Companies House Filings - See Documents
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