
Company Number
03603773
Next Accounts
Sep 2025
Shareholders
seddon real estate limited
Group Structure
View All
Industry
Development of building projects
Registered Address
seddon building plodder lane, edge fold, bolton, greater manchester, BL4 0NN
Website
www.seddonhomes.co.ukPomanda estimates the enterprise value of SREL DEVELOPMENTS LIMITED at £142.8k based on a Turnover of £289.8k and 0.49x industry multiple (adjusted for size and gross margin).
Pomanda estimates the enterprise value of SREL DEVELOPMENTS LIMITED at £0 based on an EBITDA of £0 and a 3.76x industry multiple (adjusted for size and gross margin).
Pomanda estimates the enterprise value of SREL DEVELOPMENTS LIMITED at £1 based on Net Assets of £1 and 1.39x industry multiple (adjusted for liquidity).
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Srel Developments Limited is a live company located in bolton, BL4 0NN with a Companies House number of 03603773. It operates in the development of building projects sector, SIC Code 41100. Founded in July 1998, it's largest shareholder is seddon real estate limited with a 100% stake. Srel Developments Limited is a mature, micro sized company, Pomanda has estimated its turnover at £289.8k with declining growth in recent years.
Pomanda's financial health check has awarded Srel Developments Limited a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 0 measures and has 3 areas for improvement. Company Health Check FAQs
0 Strong
4 Regular
3 Weak
Size
annual sales of £289.8k, make it smaller than the average company (£2.5m)
- Srel Developments Limited
£2.5m - Industry AVG
Growth
3 year (CAGR) sales growth of -6%, show it is growing at a slower rate (4.8%)
- Srel Developments Limited
4.8% - Industry AVG
Production
with a gross margin of 27.2%, this company has a comparable cost of product (27.2%)
- Srel Developments Limited
27.2% - Industry AVG
Profitability
There is insufficient data available for this Key Performance Indicator!
- Srel Developments Limited
- - Industry AVG
Employees
with 1 employees, this is below the industry average (7)
1 - Srel Developments Limited
7 - Industry AVG
Pay Structure
on an average salary of £48.2k, the company has an equivalent pay structure (£48.2k)
- Srel Developments Limited
£48.2k - Industry AVG
Efficiency
resulting in sales per employee of £289.8k, this is equally as efficient (£289.8k)
- Srel Developments Limited
£289.8k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Srel Developments Limited
- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- Srel Developments Limited
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Srel Developments Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Srel Developments Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 75%, this is a similar level of debt than the average (73.7%)
75% - Srel Developments Limited
73.7% - Industry AVG
Srel Developments Limited's latest turnover from December 2023 is estimated at £289.8 thousand and the company has net assets of £1. According to their latest financial statements, Srel Developments Limited has 1 employee and maintains cash reserves of 0 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 | 263,500 | 353,408 | 480,494 | 148,000 | 966,150 | 304,950 | 360,000 | 155,500 | 270,056 | 381,950 | 2,498,700 | ||||
Other Income Or Grants | |||||||||||||||
Cost Of Sales | 216,574 | 426,442 | 444,003 | 252,621 | 1,083,052 | 344,988 | 528,089 | 156,648 | 15,629 | 284,365 | 374,685 | 2,278,046 | |||
Gross Profit | 46,926 | -73,034 | 36,491 | -104,621 | -116,902 | -40,038 | -168,089 | -1,148 | -15,629 | -14,309 | 7,265 | 220,654 | |||
Admin Expenses | -3,630 | 3,387 | 35,733 | -5,783 | -27,388 | -37,842 | -37,680 | -51,013 | -46,424 | -45,670 | -39,198 | -16,009 | -30,089 | ||
Operating Profit | 50,556 | -76,421 | 758 | -98,838 | -89,514 | -2,196 | -130,409 | 49,865 | 30,795 | 31,361 | 39,198 | 23,274 | 250,743 | ||
Interest Payable | 61,433 | 48,338 | 21,439 | ||||||||||||
Interest Receivable | 260 | 226 | |||||||||||||
Pre-Tax Profit | 2,550,556 | -76,421 | 758 | -98,838 | -89,254 | -2,196 | -130,409 | 49,865 | 30,795 | -30,072 | -9,140 | 1,835 | 250,969 | ||
Tax | -9,470 | 14,520 | -1 | 18,780 | 17,180 | 442 | 33,546 | -10,219 | -7,143 | 7,583 | 2,841 | -381 | -69,635 | ||
Profit After Tax | 2,541,086 | -61,901 | 757 | -80,058 | -72,074 | -1,754 | -96,863 | 39,646 | 23,652 | -22,489 | -6,299 | 1,454 | 181,334 | ||
Dividends Paid | 2,408,423 | 7,000 | 160,000 | ||||||||||||
Retained Profit | 132,663 | -61,901 | 757 | -80,058 | -72,074 | -1,754 | -96,863 | 39,646 | 23,652 | -22,489 | -6,299 | -5,546 | 21,334 | ||
Employee Costs | |||||||||||||||
Number Of Employees | 1 | ||||||||||||||
EBITDA* | 50,556 | -76,421 | 758 | -98,838 | -89,514 | -2,196 | -130,409 | 49,865 | 30,795 | 31,361 | 39,198 | 23,274 | 250,743 |
* 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 | |||||||||||||||
Intangible Assets | |||||||||||||||
Investments & Other | 3 | 3 | 3 | 4 | 4 | 4 | 4 | 4 | 4 | 3 | 4 | 4 | 7 | ||
Debtors (Due After 1 year) | |||||||||||||||
Total Fixed Assets | 3 | 3 | 3 | 4 | 4 | 4 | 4 | 4 | 4 | 3 | 4 | 4 | 7 | ||
Stock & work in progress | 200,000 | 620,775 | 1,058,613 | 1,274,578 | 2,285,309 | 2,390,281 | 2,832,132 | 2,981,924 | |||||||
Trade Debtors | |||||||||||||||
Group Debtors | 1 | 1 | 1 | 130,911 | |||||||||||
Misc Debtors | 18,331 | 4,588 | 22,763 | 30,006 | 14,813 | 39,298 | 3,132 | 9,752 | 18,300 | 2,518 | 81 | 74 | |||
Cash | 186,793 | 307,832 | 149,779 | 5,162 | 24,941 | 499,841 | 209,430 | 7,039 | |||||||
misc current assets | 2,556,924 | 2,562,977 | 2,125,134 | 1,250,240 | |||||||||||
total current assets | 1 | 1 | 1 | 405,124 | 933,195 | 1,231,155 | 1,309,746 | 2,325,063 | 2,929,420 | 3,044,694 | 2,998,715 | 2,575,224 | 2,565,495 | 2,125,215 | 1,381,225 |
total assets | 4 | 1 | 1 | 405,127 | 933,198 | 1,231,159 | 1,309,750 | 2,325,067 | 2,929,424 | 3,044,698 | 2,998,719 | 2,575,227 | 2,565,499 | 2,125,219 | 1,381,232 |
Bank overdraft | 2,407,322 | 2,039,140 | 814,620 | 1,110,348 | |||||||||||
Bank loan | |||||||||||||||
Trade Creditors | 528 | 1,718 | 850 | 594 | 1,812 | 1,212 | 1,562 | 1,771 | 420 | 1,589 | 2,069 | ||||
Group/Directors Accounts | 3 | 500,000 | 1,001,938 | 1,301,483 | 1,300,273 | 2,240,779 | 2,838,707 | 2,843,818 | 2,842,899 | 37,906 | 340,364 | 1,113,904 | 2,713 | ||
other short term finances | |||||||||||||||
hp & lease commitments | |||||||||||||||
other current liabilities | 37,261 | 303 | 344 | 343 | 1,862 | 7,137 | 20,087 | 16,235 | 12,295 | 4,715 | 7,947 | 73,397 | |||
total current liabilities | 3 | 537,789 | 1,003,959 | 1,302,677 | 1,301,210 | 2,244,453 | 2,847,056 | 2,865,467 | 2,859,134 | 2,459,294 | 2,384,639 | 1,938,060 | 1,188,527 | ||
loans | |||||||||||||||
hp & lease commitments | |||||||||||||||
Accruals and Deferred Income | |||||||||||||||
other liabilities | |||||||||||||||
provisions | |||||||||||||||
total long term liabilities | |||||||||||||||
total liabilities | 3 | 537,789 | 1,003,959 | 1,302,677 | 1,301,210 | 2,244,453 | 2,847,056 | 2,865,467 | 2,859,134 | 2,459,294 | 2,384,639 | 1,938,060 | 1,188,527 | ||
net assets | 1 | 1 | 1 | -132,662 | -70,761 | -71,518 | 8,540 | 80,614 | 82,368 | 179,231 | 139,585 | 115,933 | 180,860 | 187,159 | 192,705 |
total shareholders funds | 1 | 1 | 1 | -132,662 | -70,761 | -71,518 | 8,540 | 80,614 | 82,368 | 179,231 | 139,585 | 115,933 | 180,860 | 187,159 | 192,705 |
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 | 50,556 | -76,421 | 758 | -98,838 | -89,514 | -2,196 | -130,409 | 49,865 | 30,795 | 31,361 | 39,198 | 23,274 | 250,743 | ||
Depreciation | |||||||||||||||
Amortisation | |||||||||||||||
Tax | -9,470 | 14,520 | -1 | 18,780 | 17,180 | 442 | 33,546 | -10,219 | -7,143 | 7,583 | 2,841 | -381 | -69,635 | ||
Stock | -200,000 | -420,775 | -437,838 | -215,965 | -1,010,731 | -104,972 | -441,851 | -149,792 | 2,981,924 | ||||||
Debtors | -18,330 | 13,743 | -18,175 | -7,243 | 15,193 | -24,485 | 36,166 | -6,620 | -8,548 | 15,782 | 2,437 | -130,904 | 130,985 | ||
Creditors | -528 | -1,190 | 868 | 256 | -1,218 | 600 | -350 | 1,562 | -1,771 | 1,351 | -1,169 | -480 | 2,069 | ||
Accruals and Deferred Income | -37,261 | 36,958 | -41 | 1 | -1,519 | -5,275 | -12,950 | 3,852 | 3,940 | 7,580 | -3,232 | -65,450 | 73,397 | ||
Deferred Taxes & Provisions | |||||||||||||||
Cash flow from operations | 221,627 | 380,899 | 457,597 | 143,407 | 920,467 | 123,028 | 295,522 | 201,472 | -2,947,555 | 32,093 | 35,201 | 87,867 | 125,589 | ||
Investing Activities | |||||||||||||||
capital expenditure | |||||||||||||||
Change in Investments | 3 | -3 | -1 | 1 | -1 | -3 | 7 | ||||||||
cash flow from investments | |||||||||||||||
Financing Activities | |||||||||||||||
Bank loans | |||||||||||||||
Group/Directors Accounts | 3 | -500,000 | -501,938 | -299,545 | 1,210 | -940,506 | -597,928 | -5,111 | 919 | 2,804,993 | -302,458 | -773,540 | 1,111,191 | 2,713 | |
Other Short Term Loans | |||||||||||||||
Long term loans | |||||||||||||||
Hire Purchase and Lease Commitments | |||||||||||||||
other long term liabilities | |||||||||||||||
share issue | |||||||||||||||
interest | 260 | -61,433 | -48,338 | -21,439 | 226 | ||||||||||
cash flow from financing | -500,000 | -501,938 | -299,545 | 1,210 | -940,246 | -597,928 | -5,111 | 919 | 2,804,993 | -406,329 | -821,878 | 1,089,752 | 174,310 | ||
cash and cash equivalents | |||||||||||||||
cash | -186,793 | -121,039 | 158,053 | 144,617 | -19,779 | -474,900 | 290,411 | 202,391 | 7,039 | ||||||
overdraft | -2,407,322 | 368,182 | 1,224,520 | -295,728 | 1,110,348 | ||||||||||
change in cash | -186,793 | -121,039 | 158,053 | 144,617 | -19,779 | -474,900 | 290,411 | 202,391 | 2,414,361 | -368,182 | -1,224,520 | 295,728 | -1,110,348 |
Perform a competitor analysis for srel developments limited by selecting its closest rivals, whether from the CONSTRUCTION sector, other micro companies, companies in BL4 area or any other competitors across 12 key performance metrics.
SREL DEVELOPMENTS LIMITED group structure
Srel Developments Limited has 3 subsidiary companies.
Ultimate parent company
1 parent
SREL DEVELOPMENTS LIMITED
03603773
3 subsidiaries
Srel Developments Limited currently has 4 directors. The longest serving directors include Mr Colin Graham (Aug 2013) and Mr James Seddon (Jun 2023).
officer | country | age | start | end | role |
---|---|---|---|---|---|
Mr Colin Graham | United Kingdom | 60 years | Aug 2013 | - | Director |
Mr James Seddon | United Kingdom | 54 years | Jun 2023 | - | Director |
Mr Jonathan Seddon | United Kingdom | 52 years | Jun 2023 | - | Director |
Miss Amanda Cox | United Kingdom | 52 years | Jun 2023 | - | Director |
P&L
December 2023turnover
289.8k
0%
operating profit
0
0%
gross margin
27.2%
0%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
1
0%
total assets
4
+3%
cash
0
0%
net assets
Total assets minus all liabilities
company number
03603773
Type
Private limited with Share Capital
industry
41100 - Development of building projects
incorporation date
July 1998
age
27
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
December 2023
previous names
seddon homes millennium limited (September 2023)
inhoco 814 limited (October 1998)
accountant
-
auditor
-
address
seddon building plodder lane, edge fold, bolton, greater manchester, BL4 0NN
Bank
BARCLAYS BANK PLC
Legal Advisor
-
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 did not find charges/mortgages relating to srel developments limited.
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