newquest developments limited
newquest developments limited Company Information
Company Number
03368127
Next Accounts
Jun 2025
Shareholders
span group ltd
Group Structure
View All
Industry
Other business support service activities n.e.c.
Registered Address
14th floor 33 cavendish square, london, W1G 0PW
Website
http://spangroup.comnewquest developments limited Estimated Valuation
Pomanda estimates the enterprise value of NEWQUEST DEVELOPMENTS LIMITED at £53.3k based on a Turnover of £97.3k and 0.55x industry multiple (adjusted for size and gross margin).
newquest developments limited Estimated Valuation
Pomanda estimates the enterprise value of NEWQUEST DEVELOPMENTS LIMITED at £0 based on an EBITDA of £-521.9k and a 4.01x industry multiple (adjusted for size and gross margin).
newquest developments limited Estimated Valuation
Pomanda estimates the enterprise value of NEWQUEST DEVELOPMENTS LIMITED at £7m based on Net Assets of £3.3m and 2.13x industry multiple (adjusted for liquidity).
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Newquest Developments Limited Overview
Newquest Developments Limited is a live company located in london, W1G 0PW with a Companies House number of 03368127. It operates in the other business support service activities n.e.c. sector, SIC Code 82990. Founded in May 1997, it's largest shareholder is span group ltd with a 100% stake. Newquest Developments Limited is a mature, micro sized company, Pomanda has estimated its turnover at £97.3k with declining growth in recent years.
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Newquest Developments Limited Health Check
Pomanda's financial health check has awarded Newquest 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 £97.3k, make it smaller than the average company (£3.8m)
- Newquest Developments Limited
£3.8m - Industry AVG
Growth
3 year (CAGR) sales growth of -29%, show it is growing at a slower rate (5.3%)
- Newquest Developments Limited
5.3% - Industry AVG
Production
with a gross margin of 38.1%, this company has a comparable cost of product (38.1%)
- Newquest Developments Limited
38.1% - Industry AVG
Profitability
an operating margin of -536.1% make it less profitable than the average company (6.1%)
- Newquest Developments Limited
6.1% - Industry AVG
Employees
with 2 employees, this is below the industry average (23)
2 - Newquest Developments Limited
23 - Industry AVG
Pay Structure
on an average salary of £48.5k, the company has an equivalent pay structure (£48.5k)
- Newquest Developments Limited
£48.5k - Industry AVG
Efficiency
resulting in sales per employee of £48.7k, this is less efficient (£154.6k)
- Newquest Developments Limited
£154.6k - Industry AVG
Debtor Days
it gets paid by customers after 1 days, this is earlier than average (41 days)
- Newquest Developments Limited
41 days - Industry AVG
Creditor Days
its suppliers are paid after 0 days, this is quicker than average (33 days)
- Newquest Developments Limited
33 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Newquest 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 (24 weeks)
1 weeks - Newquest Developments Limited
24 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 46.4%, this is a lower level of debt than the average (61.5%)
46.4% - Newquest Developments Limited
61.5% - Industry AVG
NEWQUEST DEVELOPMENTS LIMITED financials
Newquest Developments Limited's latest turnover from September 2023 is estimated at £97.3 thousand and the company has net assets of £3.3 million. According to their latest financial statements, Newquest Developments Limited has 2 employees and maintains cash reserves of £82.2 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Sep 2023 | Sep 2022 | Sep 2021 | Sep 2020 | Sep 2019 | Sep 2018 | Sep 2017 | Sep 2016 | Sep 2015 | Sep 2014 | Sep 2013 | Oct 2012 | Sep 2011 | Sep 2010 | Sep 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 | 2 | 2 | 2 | |||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Sep 2023 | Sep 2022 | Sep 2021 | Sep 2020 | Sep 2019 | Sep 2018 | Sep 2017 | Sep 2016 | Sep 2015 | Sep 2014 | Sep 2013 | Oct 2012 | Sep 2011 | Sep 2010 | Sep 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 3,990,000 | 6,615,000 | 6,100,000 | ||||||||||||
| Intangible Assets | |||||||||||||||
| Investments & Other | 1,750,001 | 1,750,001 | 1,750,001 | 1,600,001 | 1,750,001 | 4,000,001 | 4,000,001 | 4,000,001 | 1,600,001 | 1,600,001 | 1,503,381 | 1 | 6,615,001 | 1 | 1 |
| Debtors (Due After 1 year) | |||||||||||||||
| Total Fixed Assets | 1,750,001 | 1,750,001 | 1,750,001 | 1,600,001 | 1,750,001 | 4,000,001 | 4,000,001 | 4,000,001 | 1,600,001 | 1,600,001 | 1,503,381 | 3,990,001 | 6,615,001 | 6,615,001 | 6,100,001 |
| Stock & work in progress | |||||||||||||||
| Trade Debtors | 375 | 375 | 500 | 1,387 | 3,242,923 | 3,422,921 | 3,358,668 | 579,634 | 906,689 | 1,033,935 | 708,253 | ||||
| Group Debtors | 4,320,710 | 4,602,756 | 4,784,856 | 4,562,000 | 4,521,358 | 2,139,182 | 3,265,628 | 3,246,922 | |||||||
| Misc Debtors | 16,792 | 18,987 | 4,245 | 3,523 | 8,012 | ||||||||||
| Cash | 82,210 | 76,008 | 126,533 | 79,718 | 3,077,027 | 63,865 | 18,589 | 29,730 | 32,326 | 20,651 | 3,112 | 17,062 | 36,184 | 44,192 | 48,419 |
| misc current assets | |||||||||||||||
| total current assets | 4,403,295 | 4,679,139 | 4,911,389 | 4,658,510 | 7,617,872 | 2,207,292 | 3,289,127 | 3,284,664 | 3,275,249 | 3,443,572 | 3,361,780 | 596,696 | 942,873 | 1,078,127 | 756,672 |
| total assets | 6,153,296 | 6,429,140 | 6,661,390 | 6,258,511 | 9,367,873 | 6,207,293 | 7,289,128 | 7,284,665 | 4,875,250 | 5,043,573 | 4,865,161 | 4,586,697 | 7,557,874 | 7,693,128 | 6,856,673 |
| Bank overdraft | 860,000 | ||||||||||||||
| Bank loan | 825,000 | ||||||||||||||
| Trade Creditors | 131 | 1,343 | 1,985 | 2,302 | 422 | 860,285 | 37,591 | 21,152 | 630,726 | 309,941 | 318,186 | 3,815,887 | |||
| Group/Directors Accounts | 1,900,968 | 1,565,750 | 1,800,750 | 1,715,233 | 4,715,708 | 2,260,000 | 2,529,044 | 2,516,176 | 4,161 | ||||||
| other short term finances | |||||||||||||||
| hp & lease commitments | |||||||||||||||
| other current liabilities | 33,981 | 34,646 | 81,433 | 78,115 | 87,577 | 22,365 | 28,050 | 42,170 | |||||||
| total current liabilities | 2,760,080 | 1,600,396 | 1,883,526 | 1,793,348 | 4,803,285 | 2,284,350 | 3,419,396 | 2,558,768 | 860,285 | 37,591 | 21,152 | 634,887 | 309,941 | 318,186 | 3,815,887 |
| loans | 825,000 | 825,000 | 825,000 | 825,000 | 860,000 | ||||||||||
| hp & lease commitments | |||||||||||||||
| Accruals and Deferred Income | |||||||||||||||
| other liabilities | 860,000 | 860,000 | 860,000 | 3,487,752 | 3,700,000 | ||||||||||
| provisions | 92,146 | 92,146 | 92,146 | 41,531 | 50,748 | 124,440 | 142,044 | 149,798 | |||||||
| total long term liabilities | 92,146 | 917,146 | 917,146 | 866,531 | 875,748 | 124,440 | 142,044 | 1,009,798 | 860,000 | 860,000 | 860,000 | 3,487,752 | 3,700,000 | ||
| total liabilities | 2,852,226 | 2,517,542 | 2,800,672 | 2,659,879 | 5,679,033 | 2,408,790 | 3,561,440 | 3,568,566 | 1,720,285 | 897,591 | 881,152 | 634,887 | 3,797,693 | 4,018,186 | 3,815,887 |
| net assets | 3,301,070 | 3,911,598 | 3,860,718 | 3,598,632 | 3,688,840 | 3,798,503 | 3,727,688 | 3,716,099 | 3,154,965 | 4,145,982 | 3,984,009 | 3,951,810 | 3,760,181 | 3,674,942 | 3,040,786 |
| total shareholders funds | 3,301,070 | 3,911,598 | 3,860,718 | 3,598,632 | 3,688,840 | 3,798,503 | 3,727,688 | 3,716,099 | 3,154,965 | 4,145,982 | 3,984,009 | 3,951,810 | 3,760,181 | 3,674,942 | 3,040,786 |
| Sep 2023 | Sep 2022 | Sep 2021 | Sep 2020 | Sep 2019 | Sep 2018 | Sep 2017 | Sep 2016 | Sep 2015 | Sep 2014 | Sep 2013 | Oct 2012 | Sep 2011 | Sep 2010 | Sep 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | |||||||||||||||
| Depreciation | |||||||||||||||
| Amortisation | |||||||||||||||
| Tax | |||||||||||||||
| Stock | |||||||||||||||
| Debtors | -282,046 | -181,725 | 206,064 | 37,947 | 2,397,418 | -1,127,111 | 15,604 | 12,011 | -179,998 | 64,253 | 2,779,034 | -327,055 | -127,246 | 325,682 | 708,253 |
| Creditors | 131 | -1,343 | 1,343 | -1,985 | -317 | 1,880 | -859,863 | 822,694 | 16,439 | -609,574 | 320,785 | -8,245 | -3,497,701 | 3,815,887 | |
| Accruals and Deferred Income | -665 | -46,787 | 3,318 | -9,462 | 65,212 | -5,685 | -14,120 | 42,170 | |||||||
| Deferred Taxes & Provisions | 50,615 | -9,217 | -73,692 | -17,604 | -7,754 | 149,798 | |||||||||
| Cash flow from operations | |||||||||||||||
| Investing Activities | |||||||||||||||
| capital expenditure | |||||||||||||||
| Change in Investments | 150,000 | -150,000 | -2,250,000 | 2,400,000 | 96,620 | 1,503,380 | -6,615,000 | 6,615,000 | 1 | ||||||
| cash flow from investments | |||||||||||||||
| Financing Activities | |||||||||||||||
| Bank loans | 825,000 | ||||||||||||||
| Group/Directors Accounts | 335,218 | -235,000 | 85,517 | -3,000,475 | 2,455,708 | -269,044 | 12,868 | 2,516,176 | -4,161 | 4,161 | |||||
| Other Short Term Loans | |||||||||||||||
| Long term loans | -825,000 | 825,000 | -860,000 | 860,000 | |||||||||||
| Hire Purchase and Lease Commitments | |||||||||||||||
| other long term liabilities | -860,000 | 860,000 | -3,487,752 | -212,248 | 3,700,000 | ||||||||||
| share issue | |||||||||||||||
| interest | |||||||||||||||
| cash flow from financing | |||||||||||||||
| cash and cash equivalents | |||||||||||||||
| cash | 6,202 | -50,525 | 46,815 | -2,997,309 | 3,013,162 | 45,276 | -11,141 | -2,596 | 11,675 | 17,539 | -13,950 | -19,122 | -8,008 | -4,227 | 48,419 |
| overdraft | -860,000 | 860,000 | |||||||||||||
| change in cash | 6,202 | -50,525 | 46,815 | -2,997,309 | 3,013,162 | 905,276 | -871,141 | -2,596 | 11,675 | 17,539 | -13,950 | -19,122 | -8,008 | -4,227 | 48,419 |
newquest developments limited Credit Report and Business Information
Newquest Developments Limited Competitor Analysis
Perform a competitor analysis for newquest developments limited by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other micro companies, companies in W1G area or any other competitors across 12 key performance metrics.
newquest developments limited Ownership
NEWQUEST DEVELOPMENTS LIMITED group structure
Newquest Developments Limited has no subsidiary companies.
Ultimate parent company
2 parents
NEWQUEST DEVELOPMENTS LIMITED
03368127
newquest developments limited directors
Newquest Developments Limited currently has 2 directors. The longest serving directors include Mr Alexander Valik (Jun 1997) and Mr Monty Gershon (Jun 1997).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Alexander Valik | England | 64 years | Jun 1997 | - | Director |
| Mr Monty Gershon | 59 years | Jun 1997 | - | Director |
P&L
September 2023turnover
97.3k
-21%
operating profit
-521.9k
0%
gross margin
38.1%
+0.08%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
September 2023net assets
3.3m
-0.16%
total assets
6.2m
-0.04%
cash
82.2k
+0.08%
net assets
Total assets minus all liabilities
newquest developments limited company details
company number
03368127
Type
Private limited with Share Capital
industry
82990 - Other business support service activities n.e.c.
incorporation date
May 1997
age
28
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
September 2023
previous names
silver two limited (June 1997)
accountant
-
auditor
-
address
14th floor 33 cavendish square, london, W1G 0PW
Bank
LLOYDS TSB BANK PLC
Legal Advisor
-
newquest 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 20 charges/mortgages relating to newquest developments limited. Currently there are 5 open charges and 15 have been satisfied in the past.
newquest 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 NEWQUEST DEVELOPMENTS LIMITED. This can take several minutes, an email will notify you when this has completed.
newquest developments limited Companies House Filings - See Documents
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