mkt developments ltd
mkt developments ltd Company Information
Company Number
03980054
Next Accounts
Sep 2025
Industry
Development of building projects
Shareholders
michael heseltine
kay heseltine
Group Structure
View All
Contact
Registered Address
wenden vineyard, duddenhoe end, saffron walden, essex, CB11 4UU
Website
-mkt developments ltd Estimated Valuation
Pomanda estimates the enterprise value of MKT DEVELOPMENTS LTD at £24.2k based on a Turnover of £64.7k and 0.37x industry multiple (adjusted for size and gross margin).
mkt developments ltd Estimated Valuation
Pomanda estimates the enterprise value of MKT DEVELOPMENTS LTD at £0 based on an EBITDA of £-17.8k and a 2.62x industry multiple (adjusted for size and gross margin).
mkt developments ltd Estimated Valuation
Pomanda estimates the enterprise value of MKT DEVELOPMENTS LTD at £1.3k based on Net Assets of £820 and 1.56x industry multiple (adjusted for liquidity).
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Mkt Developments Ltd Overview
Mkt Developments Ltd is a live company located in saffron walden, CB11 4UU with a Companies House number of 03980054. It operates in the development of building projects sector, SIC Code 41100. Founded in April 2000, it's largest shareholder is michael heseltine with a 50% stake. Mkt Developments Ltd is a mature, micro sized company, Pomanda has estimated its turnover at £64.7k with high growth in recent years.
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Mkt Developments Ltd Health Check
Pomanda's financial health check has awarded Mkt Developments Ltd a 1.5 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
1 Regular
7 Weak
Size
annual sales of £64.7k, make it smaller than the average company (£2.6m)
- Mkt Developments Ltd
£2.6m - Industry AVG
Growth
3 year (CAGR) sales growth of 16%, show it is growing at a faster rate (4.6%)
- Mkt Developments Ltd
4.6% - Industry AVG
Production
with a gross margin of 9.3%, this company has a higher cost of product (26.1%)
- Mkt Developments Ltd
26.1% - Industry AVG
Profitability
an operating margin of -27.5% make it less profitable than the average company (6.6%)
- Mkt Developments Ltd
6.6% - Industry AVG
Employees
with 2 employees, this is below the industry average (6)
2 - Mkt Developments Ltd
6 - Industry AVG
Pay Structure
on an average salary of £49.1k, the company has an equivalent pay structure (£49.1k)
- Mkt Developments Ltd
£49.1k - Industry AVG
Efficiency
resulting in sales per employee of £32.4k, this is less efficient (£307.4k)
- Mkt Developments Ltd
£307.4k - Industry AVG
Debtor Days
it gets paid by customers after 22 days, this is earlier than average (28 days)
- Mkt Developments Ltd
28 days - Industry AVG
Creditor Days
its suppliers are paid after 16 days, this is quicker than average (30 days)
- Mkt Developments Ltd
30 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Mkt Developments Ltd
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Mkt Developments Ltd
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 83.4%, this is a higher level of debt than the average (74.9%)
83.4% - Mkt Developments Ltd
74.9% - Industry AVG
MKT DEVELOPMENTS LTD financials
Mkt Developments Ltd's latest turnover from December 2023 is estimated at £64.7 thousand and the company has net assets of £820. According to their latest financial statements, Mkt Developments Ltd has 2 employees 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 | 8,795 | 797,480 | 0 | ||||||||||||
| Other Income Or Grants | |||||||||||||||
| Cost Of Sales | |||||||||||||||
| Gross Profit | |||||||||||||||
| Admin Expenses | |||||||||||||||
| Operating Profit | |||||||||||||||
| Interest Payable | 0 | 0 | |||||||||||||
| Interest Receivable | 0 | 0 | |||||||||||||
| Pre-Tax Profit | -30,764 | 168,123 | |||||||||||||
| Tax | 0 | -22,285 | |||||||||||||
| Profit After Tax | -30,764 | 145,838 | |||||||||||||
| Dividends Paid | 0 | 0 | |||||||||||||
| Retained Profit | -30,764 | 145,838 | |||||||||||||
| Employee Costs | 0 | 59 | |||||||||||||
| Number Of Employees | 2 | 2 | 2 | 1 | 1 | 1 | |||||||||
| EBITDA* |
* 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 | 997 | 1,489 | 2,222 | 847 | 1,264 | 968 | 525 | 784 | 937 | 1,340 | 1,874 | 2,796 | 2,071 | 3,038 | 1,338 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 997 | 1,489 | 2,222 | 847 | 1,264 | 968 | 525 | 784 | 937 | 1,340 | 1,874 | 2,796 | 2,071 | 3,038 | 1,338 |
| Stock & work in progress | 0 | 0 | 0 | 343,478 | 330,303 | 330,303 | 330,303 | 330,303 | 744,184 | 631,155 | 329,653 | 822,837 | 640,971 | 553,040 | 142,554 |
| Trade Debtors | 3,937 | 22,280 | 65,404 | 3 | 1,261 | 29,731 | 1,591 | 3 | 3 | 3,601 | 3 | 3 | 2,152 | 358 | 2,266 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 1,318 | 0 | 0 | 0 | 1,446 | 1,809 | 0 | 17,405 | 4,382 | 0 | 0 | 0 |
| Cash | 0 | 0 | 0 | 17,248 | 311 | 0 | 3,102 | 80,073 | 0 | 0 | 28,738 | 0 | 0 | 0 | 0 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 3,937 | 22,280 | 65,404 | 362,047 | 331,875 | 360,034 | 334,996 | 411,825 | 745,996 | 634,756 | 375,799 | 827,222 | 643,123 | 553,398 | 144,820 |
| total assets | 4,934 | 23,769 | 67,626 | 362,894 | 333,139 | 361,002 | 335,521 | 412,609 | 746,933 | 636,096 | 377,673 | 830,018 | 645,194 | 556,436 | 146,158 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 41,989 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 2,616 | 4,123 | 16,515 | 3,329 | 75,300 | 35,475 | 20,477 | 2,196 | 245,652 | 380,133 | 93,858 | 583,888 | 136,892 | 152,957 | 59,804 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 0 | 0 | 0 | 90,691 | 0 | 0 | 5,715 | 70,320 | 255,037 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 2,616 | 4,123 | 16,515 | 94,020 | 75,300 | 35,475 | 26,192 | 72,516 | 542,678 | 380,133 | 93,858 | 583,888 | 136,892 | 152,957 | 59,804 |
| loans | 0 | 0 | 0 | 276,453 | 0 | 0 | 0 | 0 | 0 | 240,000 | 240,000 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 1,498 | 1,050 | 1,000 | 0 | 940 | 5,465 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 241,453 | 241,453 | 240,000 | 240,000 | 240,000 | 0 | 0 | 240,000 | 487,500 | 397,500 | 68,000 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 1,498 | 1,050 | 1,000 | 276,453 | 242,393 | 246,918 | 240,000 | 240,000 | 240,000 | 240,000 | 240,000 | 240,000 | 487,500 | 397,500 | 68,000 |
| total liabilities | 4,114 | 5,173 | 17,515 | 370,473 | 317,693 | 282,393 | 266,192 | 312,516 | 782,678 | 620,133 | 333,858 | 823,888 | 624,392 | 550,457 | 127,804 |
| net assets | 820 | 18,596 | 50,111 | -7,579 | 15,446 | 78,609 | 69,329 | 100,093 | -35,745 | 15,963 | 43,815 | 6,130 | 20,802 | 5,979 | 18,354 |
| total shareholders funds | 820 | 18,596 | 50,111 | -7,579 | 15,446 | 78,609 | 69,329 | 100,093 | -35,745 | 15,963 | 43,815 | 6,130 | 20,802 | 5,979 | 18,354 |
| 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 | |||||||||||||||
| Depreciation | 1,102 | 417 | 624 | 494 | 259 | 464 | 659 | 922 | 1,402 | 1,441 | 1,518 | 818 | |||
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||
| Tax | 0 | -22,285 | |||||||||||||
| Stock | 0 | 0 | -343,478 | 13,175 | 0 | 0 | 0 | -413,881 | 113,029 | 301,502 | -493,184 | 181,866 | 87,931 | 410,486 | 142,554 |
| Debtors | -18,343 | -43,124 | 64,083 | 60 | -28,470 | 28,140 | 142 | -363 | -1,789 | -13,807 | 13,023 | 2,233 | 1,794 | -1,908 | 2,266 |
| Creditors | -1,507 | -12,392 | 13,186 | -71,971 | 39,825 | 14,998 | 18,281 | -243,456 | -134,481 | 286,275 | -490,030 | 446,996 | -16,065 | 93,153 | 59,804 |
| Accruals and Deferred Income | 448 | 50 | -89,691 | 89,751 | -4,525 | -250 | -64,605 | -184,717 | 255,037 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | |||||||||||||||
| Investing Activities | |||||||||||||||
| capital expenditure | |||||||||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | |||||||||||||||
| Financing Activities | |||||||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | -276,453 | 276,453 | 0 | 0 | 0 | 0 | -240,000 | 0 | 240,000 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | -241,453 | 0 | 1,453 | 0 | 0 | 240,000 | 0 | -240,000 | -247,500 | 90,000 | 329,500 | 68,000 |
| share issue | |||||||||||||||
| interest | 0 | 0 | |||||||||||||
| cash flow from financing | 0 | -10,000 | |||||||||||||
| cash and cash equivalents | |||||||||||||||
| cash | 0 | 0 | -17,248 | 16,937 | 311 | -3,102 | -76,971 | 80,073 | 0 | -28,738 | 28,738 | 0 | 0 | 0 | 0 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -41,989 | 41,989 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 0 | 0 | -17,248 | 16,937 | 311 | -3,102 | -76,971 | 122,062 | -41,989 | -28,738 | 28,738 | 0 | 0 | 0 | 0 |
mkt developments ltd Credit Report and Business Information
Mkt Developments Ltd Competitor Analysis
Perform a competitor analysis for mkt developments ltd by selecting its closest rivals, whether from the CONSTRUCTION sector, other micro companies, companies in CB11 area or any other competitors across 12 key performance metrics.
mkt developments ltd Ownership
MKT DEVELOPMENTS LTD group structure
Mkt Developments Ltd has no subsidiary companies.
Ultimate parent company
MKT DEVELOPMENTS LTD
03980054
mkt developments ltd directors
Mkt Developments Ltd currently has 2 directors. The longest serving directors include Mr Michael Heseltine (Apr 2000) and Mrs Kay Heseltine (Apr 2013).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Michael Heseltine | 75 years | Apr 2000 | - | Director | |
| Mrs Kay Heseltine | United Kingdom | 72 years | Apr 2013 | - | Director |
P&L
December 2023turnover
64.7k
-34%
operating profit
-17.8k
0%
gross margin
9.3%
-3.05%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
820
-0.96%
total assets
4.9k
-0.79%
cash
0
0%
net assets
Total assets minus all liabilities
mkt developments ltd company details
company number
03980054
Type
Private limited with Share Capital
industry
41100 - Development of building projects
incorporation date
April 2000
age
24
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
December 2023
previous names
N/A
accountant
SMITH MILNE & CO LIMITED
auditor
-
address
wenden vineyard, duddenhoe end, saffron walden, essex, CB11 4UU
Bank
-
Legal Advisor
-
mkt developments 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 found 8 charges/mortgages relating to mkt developments ltd. Currently there are 1 open charges and 7 have been satisfied in the past.
mkt developments 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.
Click to start generating capital raising & share issue transactions for MKT DEVELOPMENTS LTD. This can take several minutes, an email will notify you when this has completed.
mkt developments ltd Companies House Filings - See Documents
| date | description | view/download |
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