direct developments (uk) ltd

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direct developments (uk) ltd Company Information

Share DIRECT DEVELOPMENTS (UK) LTD

Company Number

03848938

Shareholders

paul cursley

k. cursley

Group Structure

View All

Industry

Construction of commercial buildings

 +1

Registered Address

greenacres, st ives road, somersham, cambridgeshire, PE28 3ER

Website

-

direct developments (uk) ltd Estimated Valuation

£68.6k

Pomanda estimates the enterprise value of DIRECT DEVELOPMENTS (UK) LTD at £68.6k based on a Turnover of £299k and 0.23x industry multiple (adjusted for size and gross margin).

direct developments (uk) ltd Estimated Valuation

£0

Pomanda estimates the enterprise value of DIRECT DEVELOPMENTS (UK) LTD at £0 based on an EBITDA of £0 and a 2.87x industry multiple (adjusted for size and gross margin).

direct developments (uk) ltd Estimated Valuation

£54.8k

Pomanda estimates the enterprise value of DIRECT DEVELOPMENTS (UK) LTD at £54.8k based on Net Assets of £31.7k and 1.73x industry multiple (adjusted for liquidity).

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Direct Developments (uk) Ltd Overview

Direct Developments (uk) Ltd is a live company located in somersham, PE28 3ER with a Companies House number of 03848938. It operates in the construction of commercial buildings sector, SIC Code 41201. Founded in September 1999, it's largest shareholder is paul cursley with a 99% stake. Direct Developments (uk) Ltd is a mature, micro sized company, Pomanda has estimated its turnover at £299k with healthy growth in recent years.

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Direct Developments (uk) Ltd Health Check

Pomanda's financial health check has awarded Direct Developments (Uk) Ltd a 2.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 5 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating2.5out of 5
positive_score

3 Strong

positive_score

1 Regular

positive_score

5 Weak

size

Size

annual sales of £299k, make it smaller than the average company (£5.8m)

£299k - Direct Developments (uk) Ltd

£5.8m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 7%, show it is growing at a slower rate (10.2%)

7% - Direct Developments (uk) Ltd

10.2% - Industry AVG

production

Production

with a gross margin of 14.5%, this company has a higher cost of product (23.7%)

14.5% - Direct Developments (uk) Ltd

23.7% - Industry AVG

profitability

Profitability

There is insufficient data available for this Key Performance Indicator!

- - Direct Developments (uk) Ltd

- - Industry AVG

employees

Employees

with 1 employees, this is below the industry average (17)

1 - Direct Developments (uk) Ltd

17 - Industry AVG

paystructure

Pay Structure

on an average salary of £39.1k, the company has an equivalent pay structure (£39.1k)

£39.1k - Direct Developments (uk) Ltd

£39.1k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £299k, this is more efficient (£224.9k)

£299k - Direct Developments (uk) Ltd

£224.9k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 12 days, this is earlier than average (47 days)

12 days - Direct Developments (uk) Ltd

47 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 186 days, this is slower than average (38 days)

186 days - Direct Developments (uk) Ltd

38 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Direct Developments (uk) Ltd

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - Direct Developments (uk) Ltd

- - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 80.5%, this is a higher level of debt than the average (60.5%)

80.5% - Direct Developments (uk) Ltd

60.5% - Industry AVG

DIRECT DEVELOPMENTS (UK) LTD financials

EXPORTms excel logo

Direct Developments (Uk) Ltd's latest turnover from March 2024 is estimated at £299 thousand and the company has net assets of £31.7 thousand. According to their latest financial statements, we estimate that Direct Developments (Uk) Ltd has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Turnover299,015290,983251,863242,036265,122253,057295,270286,409296,669485,976200,074160,183100,76950,617
Other Income Or Grants
Cost Of Sales255,749252,546221,559211,148230,465220,866256,179248,122256,243410,742166,937133,94484,12542,164
Gross Profit43,26638,43730,30430,88834,65732,19139,09038,28740,42675,23533,13726,23916,6448,453
Admin Expenses43,26638,43730,30430,88834,65732,19139,09038,28781331,615100,45964,25861,09153,717-213,139
Operating Profit39,613-31,615-25,224-31,121-34,852-37,073221,592
Interest Payable
Interest Receivable254959799248
Pre-Tax Profit39,613-31,590-25,175-31,062-34,773-36,981221,640
Tax-7,922-62,059
Profit After Tax31,690-31,590-25,175-31,062-34,773-36,981159,581
Dividends Paid
Retained Profit31,690-31,590-25,175-31,062-34,773-36,981159,581
Employee Costs39,14240,22639,11134,73742,40639,81240,47237,16039,98073,86037,25834,86634,16532,555
Number Of Employees11111111121111
EBITDA*39,613-31,615-25,224-30,019-30,994-32,891226,183

* Earnings Before Interest, Tax, Depreciation and Amortisation

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Tangible Assets152,465152,465152,465152,465152,465152,465152,465152,465152,465152,465152,465153,567154,925156,607
Intangible Assets2,5005,000
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets152,465152,465152,465152,465152,465152,465152,465152,465152,465152,465152,465153,567157,425161,607
Stock & work in progress175400400400
Trade Debtors9,8639,8639,8639,8639,8639,8639,8639,8639,8631563,2073,6623,932
Group Debtors
Misc Debtors
Cash9,8639,86313,74817,75019,160
misc current assets
total current assets9,8639,8639,8639,8639,8639,8639,8639,8639,8639,86310,19417,35521,81223,492
total assets162,328162,328162,328162,328162,328162,328162,328162,328162,328162,328162,659170,922179,237185,099
Bank overdraft
Bank loan
Trade Creditors 130,638130,638130,638130,638130,638130,638130,638130,638130,638130,638105,79482,99556,53725,418
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
total current liabilities130,638130,638130,638130,638130,638130,638130,638130,638130,638130,638105,79482,99556,53725,418
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
total long term liabilities
total liabilities130,638130,638130,638130,638130,638130,638130,638130,638130,638130,638105,79482,99556,53725,418
net assets31,69031,69031,69031,69031,69031,69031,69031,69031,69031,69056,86587,927122,700159,681
total shareholders funds31,69031,69031,69031,69031,69031,69031,69031,69031,69031,69056,86587,927122,700159,681
Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Operating Activities
Operating Profit39,613-31,615-25,224-31,121-34,852-37,073221,592
Depreciation1,1021,3581,6822,091
Amortisation2,5002,5002,500
Tax-7,922-62,059
Stock-175-225400
Debtors9,863-156-3,051-455-2703,932
Creditors130,638-130,63824,84422,79926,45831,11925,418
Accruals and Deferred Income
Deferred Taxes & Provisions
Cash flow from operations152,466-162,253-49-3,944-4,081-1,502185,210
Investing Activities
capital expenditure-152,465152,465-166,198
Change in Investments
cash flow from investments-152,465152,465-166,198
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
share issue-100100
interest254959799248
cash flow from financing-7549597992148
cash and cash equivalents
cash-9,863-3,885-4,002-1,41019,160
overdraft
change in cash-9,863-3,885-4,002-1,41019,160

direct developments (uk) ltd Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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Direct Developments (uk) Ltd Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for direct developments (uk) ltd by selecting its closest rivals, whether from the CONSTRUCTION sector, other micro companies, companies in PE28 area or any other competitors across 12 key performance metrics.

direct developments (uk) ltd Ownership

DIRECT DEVELOPMENTS (UK) LTD group structure

Direct Developments (Uk) Ltd has no subsidiary companies.

Ultimate parent company

DIRECT DEVELOPMENTS (UK) LTD

03848938

DIRECT DEVELOPMENTS (UK) LTD Shareholders

paul cursley 99%
k. cursley 1%

direct developments (uk) ltd directors

Direct Developments (Uk) Ltd currently has 2 directors. The longest serving directors include Mr Paul Cursley (Sep 1999) and Ms Catherine Cursley (Sep 1999).

officercountryagestartendrole
Mr Paul Cursley63 years Sep 1999- Director
Ms Catherine Cursley58 years Sep 1999- Director

P&L

March 2024

turnover

299k

+3%

operating profit

0

0%

gross margin

14.5%

+9.54%

turnover

Turnover, or revenue, is the amount of sales generated by a company within the financial year.

Balance Sheet

March 2024

net assets

31.7k

0%

total assets

162.3k

0%

cash

0

0%

net assets

Total assets minus all liabilities

direct developments (uk) ltd company details

company number

03848938

Type

Private limited with Share Capital

industry

41201 - Construction of commercial buildings

43320 - Joinery installation

incorporation date

September 1999

age

26

incorporated

UK

ultimate parent company

None

accounts

Dormant

last accounts submitted

March 2024

previous names

N/A

accountant

-

auditor

-

address

greenacres, st ives road, somersham, cambridgeshire, PE28 3ER

Bank

HSBC BANK PLC

Legal Advisor

-

direct developments (uk) ltd 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 did not find charges/mortgages relating to direct developments (uk) ltd.

direct developments (uk) ltd 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.

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direct developments (uk) ltd Companies House Filings - See Documents

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