akenside development company limitedEstimated Valuation
£49.9k
Pomanda estimates the enterprise value of AKENSIDE DEVELOPMENT COMPANY LIMITED at £49.9k based on a Turnover of £103k and 0.48x industry multiple (adjusted for size and gross margin).
akenside development company limitedEstimated Valuation
£0
Pomanda estimates the enterprise value of AKENSIDE DEVELOPMENT COMPANY LIMITED at £0 based on an EBITDA of £-61.4k and a 3.69x industry multiple (adjusted for size and gross margin).
akenside development company limitedEstimated Valuation
£343.9k
Pomanda estimates the enterprise value of AKENSIDE DEVELOPMENT COMPANY LIMITED at £343.9k based on Net Assets of £248.1k and 1.39x industry multiple (adjusted for liquidity).
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Akenside Development Company LimitedOverview
Akenside Development Company Limited is a live company located in newcastle upon tyne, NE1 3UF with a Companies House number of 03463189. It operates in the development of building projects sector, SIC Code 41100. Founded in November 1997, it's largest shareholder is
issueselect ltd
with a 100% stake. Akenside Development Company Limited is a mature,
micro sized company, Pomanda has estimated its turnover at
£103k with
declining
growth in recent years.
Pomanda's financial health check has awarded Akenside Development Company Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 6 areas for improvement. Company Health Check FAQs
Health Rating3.5out of 5
3 Strong
2 Regular
6 Weak
Size
annual sales of £103k, make it smaller than the average company (£2.2m)
£103k - Akenside Development Company Limited
£2.2m - Industry AVG
Growth
3 year (CAGR) sales growth of -46%, show it is growing at a slower rate (6.8%)
-46% - Akenside Development Company Limited
6.8% - Industry AVG
Production
with a gross margin of 26.5%, this company has a comparable cost of product (26.5%)
26.5% - Akenside Development Company Limited
26.5% - Industry AVG
Profitability
an operating margin of -59.6% make it less profitable than the average company (7.4%)
-59.6% - Akenside Development Company Limited
7.4% - Industry AVG
Employees
with 1 employees, this is below the industry average (6)
1 - Akenside Development Company Limited
6 - Industry AVG
Pay Structure
on an average salary of £48.5k, the company has an equivalent pay structure (£48.5k)
£48.5k - Akenside Development Company Limited
£48.5k - Industry AVG
Efficiency
resulting in sales per employee of £103k, this is less efficient (£269k)
£103k - Akenside Development Company Limited
£269k - Industry AVG
Debtor Days
it gets paid by customers after 13 days, this is earlier than average (30 days)
13 days - Akenside Development Company Limited
30 days - Industry AVG
Creditor Days
its suppliers are paid after 27 days, this is quicker than average (33 days)
27 days - Akenside Development Company Limited
33 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Akenside Development Company Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities
for 16 weeks, this is more cash available to meet short term requirements (11 weeks)
16 weeks - Akenside Development Company Limited
11 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 44.7%, this is a lower level of debt than the average (72.7%)
44.7% - Akenside Development Company Limited
72.7% - Industry AVG
AKENSIDE DEVELOPMENT COMPANY LIMITED financials
EXPORT
Akenside Development Company Limited's latest turnover from April 2024 is estimated at £103 thousand and the company has net assets of £248.1 thousand. According to their latest financial statements, Akenside Development Company Limited has 1 employee and maintains cash reserves of £64.1 thousand as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Apr 2024
Apr 2023
Apr 2022
Apr 2021
Apr 2020
Apr 2019
Apr 2018
Apr 2017
Apr 2016
Apr 2015
Apr 2014
Apr 2013
Apr 2012
Apr 2011
Apr 2010
Turnover
102,955
120,736
626,649
646,726
753,361
274,836
306,243
112,189
134,875
822,238
838,325
730,097
681,393
692,065
874,193
Other Income Or Grants
Cost Of Sales
75,633
88,864
468,333
493,026
556,016
196,584
215,621
77,374
94,781
589,345
599,299
516,323
494,981
506,751
624,420
Gross Profit
27,322
31,872
158,315
153,700
197,345
78,252
90,622
34,815
40,094
232,893
239,026
213,774
186,412
185,314
249,773
Admin Expenses
88,720
99,296
227,230
173,721
205,903
87,739
-10,019
51,627
42,892
227,369
253,037
253,379
187,170
193,938
-142,669
Operating Profit
-61,398
-67,424
-68,915
-20,021
-8,558
-9,487
100,641
-16,812
-2,798
5,524
-14,011
-39,605
-758
-8,624
392,442
Interest Payable
675
610
7,587
11,599
9,974
13,850
17,735
9,848
Interest Receivable
10,707
12,094
890
65
78
649
341
14
152
273
208
101
423
629
242
Pre-Tax Profit
-50,691
-55,330
-68,700
-20,566
-8,480
-8,838
100,981
-16,798
-10,233
-5,802
-23,777
-53,353
-18,070
-17,843
392,683
Tax
-19,186
-109,951
Profit After Tax
-50,691
-55,330
-68,700
-20,566
-8,480
-8,838
81,795
-16,798
-10,233
-5,802
-23,777
-53,353
-18,070
-17,843
282,732
Dividends Paid
Retained Profit
-50,691
-55,330
-68,700
-20,566
-8,480
-8,838
81,795
-16,798
-10,233
-5,802
-23,777
-53,353
-18,070
-17,843
282,732
Employee Costs
48,501
46,462
44,499
43,151
43,078
42,333
41,892
41,272
41,212
116,862
109,076
108,105
106,374
102,996
134,490
Number Of Employees
1
1
1
1
1
1
1
1
1
3
3
3
3
3
4
EBITDA*
-61,398
-66,966
-68,776
-9,196
-8,558
-9,487
101,049
-16,403
220
8,543
-13,181
-39,190
-341
-7,527
394,639
* Earnings Before Interest, Tax, Depreciation and Amortisation
Apr 2024
Apr 2023
Apr 2022
Apr 2021
Apr 2020
Apr 2019
Apr 2018
Apr 2017
Apr 2016
Apr 2015
Apr 2014
Apr 2013
Apr 2012
Apr 2011
Apr 2010
Tangible Assets
350,000
178,154
177,335
176,920
176,920
176,920
176,921
182,329
182,738
185,756
183,556
182,336
182,751
183,168
190,265
Intangible Assets
Investments & Other
6,000
6,000
6,000
6,000
6,000
6,000
6,000
6,000
6,000
6,000
6,000
6,000
Debtors (Due After 1 year)
Total Fixed Assets
350,000
178,154
183,335
182,920
182,920
182,920
182,921
188,329
188,738
191,756
189,556
188,336
188,751
189,168
190,265
Stock & work in progress
139,401
73,723
290,532
208,970
300,000
462,953
386,187
129,011
Trade Debtors
3,724
3,515
139,700
139,638
139,602
41,223
46,627
5,668
5,321
55,931
50,889
47,917
26,740
35,472
70,106
Group Debtors
215
Misc Debtors
5,543
12,096
168,282
167,136
122,737
107,597
24,394
56,605
18,948
Cash
64,106
343,779
225,353
11,867
117,177
39,253
133,929
2,383
8,596
52,070
57,177
26,073
14,399
154,799
96,694
misc current assets
25,000
6,000
total current assets
98,373
504,791
607,058
318,641
379,516
188,073
204,950
64,656
33,080
398,533
317,036
373,990
504,092
576,458
295,811
total assets
448,373
682,945
790,393
501,561
562,436
370,993
387,871
252,985
221,818
590,289
506,592
562,326
692,843
765,626
486,076
Bank overdraft
3,491
65,506
65,506
65,506
Bank loan
65,506
Trade Creditors
5,665
5,432
6,792
4,831
5,826
5,132
6,146
7,105
13,258
140,961
163,462
135,419
153,324
147,737
153,344
Group/Directors Accounts
190,217
560,834
other short term finances
65,506
hp & lease commitments
other current liabilities
4,362
9,942
621,534
245,963
305,277
106,048
113,074
59,024
4,906
total current liabilities
200,244
576,208
628,326
254,285
311,103
111,180
119,220
66,129
18,164
206,467
228,968
200,925
218,830
213,243
153,344
loans
16,509
167,935
57,935
117,935
177,194
237,494
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
total long term liabilities
16,509
167,935
57,935
117,935
177,194
237,494
total liabilities
200,244
576,208
628,326
270,794
311,103
111,180
119,220
66,129
18,164
374,402
286,903
318,860
396,024
450,737
153,344
net assets
248,129
106,737
162,067
230,767
251,333
259,813
268,651
186,856
203,654
215,887
219,689
243,466
296,819
314,889
332,732
total shareholders funds
248,129
106,737
162,067
230,767
251,333
259,813
268,651
186,856
203,654
215,887
219,689
243,466
296,819
314,889
332,732
Apr 2024
Apr 2023
Apr 2022
Apr 2021
Apr 2020
Apr 2019
Apr 2018
Apr 2017
Apr 2016
Apr 2015
Apr 2014
Apr 2013
Apr 2012
Apr 2011
Apr 2010
Operating Activities
Operating Profit
-61,398
-67,424
-68,915
-20,021
-8,558
-9,487
100,641
-16,812
-2,798
5,524
-14,011
-39,605
-758
-8,624
392,442
Depreciation
458
139
10,825
408
409
3,018
3,019
830
415
417
1,097
2,197
Amortisation
Tax
-19,186
-109,951
Stock
-139,401
65,678
73,723
-290,532
81,562
-91,030
-162,953
76,766
257,176
129,011
Debtors
-6,344
-292,371
1,208
44,435
113,519
77,799
8,748
37,789
-31,447
5,042
2,972
21,177
-8,732
-34,634
70,106
Creditors
233
-1,360
1,961
-995
694
-1,014
-959
-6,153
-127,703
-22,501
28,043
-17,905
5,587
-5,607
153,344
Accruals and Deferred Income
-5,580
-611,592
375,571
-59,314
199,229
-7,026
54,050
54,118
4,906
Deferred Taxes & Provisions
Cash flow from operations
79,000
-453,225
233,825
-113,940
77,846
-95,326
126,206
-6,227
199,402
-100,562
102,920
84,681
-62,788
-235,676
238,915
Investing Activities
capital expenditure
-171,846
-1,277
-554
-10,825
1
5,000
-5,219
-2,050
6,000
-192,462
Change in Investments
-6,000
6,000
cash flow from investments
-171,846
4,723
-554
-10,825
1
5,000
-5,219
-2,050
-192,462
Financing Activities
Bank loans
-65,506
65,506
Group/Directors Accounts
-370,617
560,834
Other Short Term Loans
-65,506
65,506
Long term loans
-16,509
16,509
-167,935
110,000
-60,000
-59,259
-60,300
237,494
Hire Purchase and Lease Commitments
other long term liabilities
share issue
192,083
-2,000
2,000
50,000
interest
10,707
12,094
215
-545
78
649
341
14
-7,435
-11,326
-9,766
-13,749
-17,312
-9,219
242
cash flow from financing
-167,827
572,928
-16,294
15,964
78
649
341
14
-177,370
100,674
-135,272
-73,008
-12,106
228,275
50,242
cash and cash equivalents
cash
-279,673
118,426
213,486
-105,310
77,924
-94,676
131,546
-6,213
-43,474
-5,107
31,104
11,674
-140,400
58,105
96,694
overdraft
-3,491
3,491
-65,506
65,506
-65,506
65,506
change in cash
-279,673
118,426
216,977
-108,801
77,924
-94,676
131,546
-6,213
22,032
-5,107
-34,402
11,674
-74,894
-7,401
96,694
akenside development company limited Credit Report and Business Information
Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
Get a comprehensive credit check for akenside development company limited. Get real-time insights into akenside development company limited's credit score, group structure and payment trends.
Akenside Development Company Limited Competitor Analysis
Perform a competitor analysis for akenside development company limited by selecting its closest rivals, whether from the CONSTRUCTION sector, other micro companies, companies in NE1 area or any other competitors across 12 key performance metrics.
akenside development company limited Ownership
AKENSIDE DEVELOPMENT COMPANY LIMITED group structure
Akenside Development Company Limited has 1 subsidiary company.
The sole shareholder of Akenside Development Company Limited is Issueselect Ltd.
issueselect ltd
100%
akenside development company limited directors
Akenside Development Company Limited currently has 2 directors.
The longest serving directors include
Mr Geoffrey Britton (Nov 1997) and
Mr Ashley Cutts (May 1998).
akenside development co ltd, 3 akenside hill, newcastle upon tyne, tyne & wear, NE1 3UF
Bank
-
Legal Advisor
-
akenside development company 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 9 charges/mortgages relating to akenside development company limited. Currently there are 4 open charges and 5 have been satisfied in the past.
akenside development company 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 AKENSIDE DEVELOPMENT COMPANY LIMITED. This can take several minutes, an email will notify you when this has completed.
akenside development company limitedCompanies House Filings - See Documents
