wooldridge developments ltd
wooldridge developments ltd Company Information
Company Number
04227308
Website
http://wooldridgegroup.co.ukRegistered Address
1st floor 21 station road, watford, hertfordshire, WD17 1AP
Industry
Construction of domestic buildings
Telephone
01276470320
Next Accounts Due
355 days late
Group Structure
View All
Shareholders
panther 1919 ltd 100%
wooldridge developments ltd Estimated Valuation
Pomanda estimates the enterprise value of WOOLDRIDGE DEVELOPMENTS LTD at £2.1m based on a Turnover of £4m and 0.53x industry multiple (adjusted for size and gross margin).
wooldridge developments ltd Estimated Valuation
Pomanda estimates the enterprise value of WOOLDRIDGE DEVELOPMENTS LTD at £0 based on an EBITDA of £-1.3m and a 4.21x industry multiple (adjusted for size and gross margin).
wooldridge developments ltd Estimated Valuation
Pomanda estimates the enterprise value of WOOLDRIDGE DEVELOPMENTS LTD at £0 based on Net Assets of £-5.7m and 1.39x industry multiple (adjusted for liquidity).
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Wooldridge Developments Ltd Overview
Wooldridge Developments Ltd is a live company located in hertfordshire, WD17 1AP with a Companies House number of 04227308. It operates in the construction of domestic buildings sector, SIC Code 41202. Founded in June 2001, it's largest shareholder is panther 1919 ltd with a 100% stake. Wooldridge Developments Ltd is a mature, small sized company, Pomanda has estimated its turnover at £4m with low growth in recent years.
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Wooldridge Developments Ltd Health Check
Pomanda's financial health check has awarded Wooldridge Developments Ltd a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 5 areas for improvement. Company Health Check FAQs
5 Strong
2 Regular
5 Weak
Size
annual sales of £4m, make it larger than the average company (£621.2k)
- Wooldridge Developments Ltd
£621.2k - Industry AVG
Growth
3 year (CAGR) sales growth of 3%, show it is growing at a slower rate (4.7%)
- Wooldridge Developments Ltd
4.7% - Industry AVG
Production
with a gross margin of 19.1%, this company has a comparable cost of product (19.1%)
- Wooldridge Developments Ltd
19.1% - Industry AVG
Profitability
an operating margin of -31.5% make it less profitable than the average company (6.4%)
- Wooldridge Developments Ltd
6.4% - Industry AVG
Employees
with 8 employees, this is above the industry average (4)
8 - Wooldridge Developments Ltd
4 - Industry AVG
Pay Structure
on an average salary of £39.4k, the company has an equivalent pay structure (£39.4k)
- Wooldridge Developments Ltd
£39.4k - Industry AVG
Efficiency
resulting in sales per employee of £501.8k, this is more efficient (£215.9k)
- Wooldridge Developments Ltd
£215.9k - Industry AVG
Debtor Days
it gets paid by customers after 40 days, this is later than average (25 days)
- Wooldridge Developments Ltd
25 days - Industry AVG
Creditor Days
its suppliers are paid after 54 days, this is slower than average (30 days)
- Wooldridge Developments Ltd
30 days - Industry AVG
Stock Days
it holds stock equivalent to 83 days, this is less than average (215 days)
- Wooldridge Developments Ltd
215 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 1 weeks, this is less cash available to meet short term requirements (20 weeks)
1 weeks - Wooldridge Developments Ltd
20 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 264%, this is a higher level of debt than the average (73.3%)
264% - Wooldridge Developments Ltd
73.3% - Industry AVG
WOOLDRIDGE DEVELOPMENTS LTD financials
Wooldridge Developments Ltd's latest turnover from January 2022 is estimated at £4 million and the company has net assets of -£5.7 million. According to their latest financial statements, Wooldridge Developments Ltd has 8 employees and maintains cash reserves of £270.1 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jan 2022 | Jan 2021 | Jan 2020 | Jan 2019 | Jan 2018 | Jan 2017 | Jan 2016 | Jan 2015 | Jan 2014 | Jan 2013 | Jan 2012 | Jan 2011 | Jan 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 6,775,189 | 9,083,572 | 2,545,398 | 761,419 | 1,971,009 | 281,695 | 4,329,427 | 5,907,603 | 11,680,663 | ||||
| Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||||
| Cost Of Sales | 5,292,026 | 7,260,037 | 1,392,183 | 433,310 | 1,494,893 | 43,885 | 3,854,540 | 5,513,423 | 11,277,597 | ||||
| Gross Profit | 1,483,163 | 1,823,535 | 1,153,215 | 328,109 | 476,116 | 237,810 | 474,887 | 394,180 | 403,066 | ||||
| Admin Expenses | 1,234,383 | 1,198,621 | 728,412 | 629,032 | 498,786 | 489,192 | 377,920 | 596,539 | 602,814 | ||||
| Operating Profit | 248,780 | 624,914 | 424,803 | -300,923 | -22,670 | -251,382 | 96,967 | -202,359 | -199,748 | ||||
| Interest Payable | 206,120 | 859,137 | 408,883 | 71,267 | 12 | 0 | 1,425 | 1,940 | 1,464 | ||||
| Interest Receivable | 29,191 | 3,044 | 1,676 | 34 | 0 | 0 | 68 | 0 | 29 | ||||
| Pre-Tax Profit | 71,851 | 381,746 | 17,596 | -372,156 | -22,682 | -251,382 | 95,610 | -204,299 | -201,183 | ||||
| Tax | -3,328 | -53,147 | -43 | -7 | 0 | 0 | 14,986 | 11,636 | 0 | ||||
| Profit After Tax | 68,523 | 328,599 | 17,553 | -372,163 | -22,682 | -251,382 | 110,596 | -192,663 | -201,183 | ||||
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||||
| Retained Profit | 68,523 | 328,599 | 17,553 | -372,163 | -22,682 | -251,382 | 110,596 | -192,663 | -201,183 | ||||
| Employee Costs | 259,557 | 373,569 | 507,448 | 621,636 | |||||||||
| Number Of Employees | 8 | 6 | 5 | 9 | 10 | 7 | 9 | 7 | 8 | 12 | 13 | ||
| EBITDA* | 248,780 | 624,914 | 424,803 | -300,923 | -22,670 | -251,382 | 96,967 | -202,359 | -199,748 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jan 2022 | Jan 2021 | Jan 2020 | Jan 2019 | Jan 2018 | Jan 2017 | Jan 2016 | Jan 2015 | Jan 2014 | Jan 2013 | Jan 2012 | Jan 2011 | Jan 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 10,929 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 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 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 190,500 | 254,500 | 254,500 | 180,000 | 180,000 | 180,000 | 240,000 | 240,000 | 240,000 | 0 |
| Total Fixed Assets | 10,929 | 0 | 0 | 190,500 | 254,500 | 254,500 | 180,000 | 180,000 | 180,000 | 240,000 | 240,000 | 240,000 | 0 |
| Stock & work in progress | 746,084 | 38,399 | 3,519,459 | 13,333,491 | 15,073,748 | 13,814,921 | 10,909,864 | 5,932,309 | 1,258,352 | 2,091,936 | 1,088,605 | 3,573,115 | 6,878,409 |
| Trade Debtors | 448,129 | 4,749 | 9,578 | 4,888 | 2,846 | 3,841 | 0 | 22,278 | 3,438 | 4,034 | 30,278 | 153,003 | 1,124 |
| Group Debtors | 912,305 | 2,530,082 | 270,000 | 313,500 | 2,301,752 | 1,205,358 | 630,710 | 651,515 | 912,635 | 557,938 | 297,568 | 337,019 | 384,943 |
| Misc Debtors | 1,101,690 | 667,210 | 617,594 | 1,487,162 | 252,675 | 72,891 | 63,763 | 46,526 | 16,977 | 94,279 | 252,184 | 24,697 | 29,233 |
| Cash | 270,121 | 949,003 | 597,866 | 552,546 | 400,911 | 1,109,768 | 15,735 | 32,032 | 2,760 | 20,608 | 20,069 | 134 | 74,264 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 3,478,329 | 4,189,443 | 5,014,497 | 15,691,587 | 18,031,932 | 16,206,779 | 11,620,072 | 6,684,660 | 2,194,162 | 2,768,795 | 1,688,704 | 4,087,968 | 7,367,973 |
| total assets | 3,489,258 | 4,189,443 | 5,014,497 | 15,882,087 | 18,286,432 | 16,461,279 | 11,800,072 | 6,864,660 | 2,374,162 | 3,008,795 | 1,928,704 | 4,327,968 | 7,367,973 |
| Bank overdraft | 0 | 0 | 0 | 7,452 | 0 | 0 | 4,707,304 | 250,122 | 0 | 0 | 0 | 355,056 | 1,213,270 |
| Bank loan | 0 | 0 | 1,838,928 | 9,850,542 | 8,957,350 | 4,659,758 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 481,715 | 181,699 | 164,340 | 330,482 | 389,605 | 469,141 | 588,730 | 237,719 | 78,046 | 142,017 | 106,899 | 391,530 | 307,216 |
| Group/Directors Accounts | 7,500,553 | 7,993,672 | 6,071,609 | 6,885,989 | 5,750,361 | 4,725,221 | 3,511,966 | 2,491,012 | 1,118,751 | 817,078 | 632,917 | 1,988,530 | 2,596,610 |
| other short term finances | 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 |
| other current liabilities | 1,228,840 | 471,034 | 485,957 | 1,674,116 | 2,685,052 | 3,317,291 | 3,565,503 | 2,600,542 | 2,505,101 | 3,354,752 | 2,242,558 | 2,757,118 | 2,361,746 |
| total current liabilities | 9,211,108 | 8,646,405 | 8,560,834 | 18,748,581 | 17,782,368 | 13,171,411 | 12,373,503 | 5,579,395 | 3,701,898 | 4,313,847 | 2,982,374 | 5,492,234 | 6,478,842 |
| loans | 0 | 0 | 0 | 0 | 1,789,288 | 4,643,615 | 1,108,915 | 2,985,164 | 0 | 0 | 0 | 0 | 1,860,734 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 0 | 1,789,288 | 4,643,615 | 1,108,915 | 2,985,164 | 0 | 0 | 0 | 0 | 1,860,734 |
| total liabilities | 9,211,108 | 8,646,405 | 8,560,834 | 18,748,581 | 19,571,656 | 17,815,026 | 13,482,418 | 8,564,559 | 3,701,898 | 4,313,847 | 2,982,374 | 5,492,234 | 8,339,576 |
| net assets | -5,721,850 | -4,456,962 | -3,546,337 | -2,866,494 | -1,285,224 | -1,353,747 | -1,682,346 | -1,699,899 | -1,327,736 | -1,305,052 | -1,053,670 | -1,164,266 | -971,603 |
| total shareholders funds | -5,721,850 | -4,456,962 | -3,546,337 | -2,866,494 | -1,285,224 | -1,353,747 | -1,682,346 | -1,699,899 | -1,327,736 | -1,305,052 | -1,053,670 | -1,164,266 | -971,603 |
| Jan 2022 | Jan 2021 | Jan 2020 | Jan 2019 | Jan 2018 | Jan 2017 | Jan 2016 | Jan 2015 | Jan 2014 | Jan 2013 | Jan 2012 | Jan 2011 | Jan 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||
| Operating Profit | 248,780 | 624,914 | 424,803 | -300,923 | -22,670 | -251,382 | 96,967 | -202,359 | -199,748 | ||||
| Depreciation | 377 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | -3,328 | -53,147 | -43 | -7 | 0 | 0 | 14,986 | 11,636 | 0 | ||||
| Stock | 707,685 | -3,481,060 | -9,814,032 | -1,740,257 | 1,258,827 | 2,905,057 | 4,977,555 | 4,673,957 | -833,584 | 1,003,331 | -2,484,510 | -3,305,294 | 6,878,409 |
| Debtors | -739,917 | 2,304,869 | -1,098,878 | -815,723 | 1,275,183 | 662,117 | -25,846 | -212,731 | 216,799 | 76,221 | 65,311 | 339,419 | 415,300 |
| Creditors | 300,016 | 17,359 | -166,142 | -59,123 | -79,536 | -119,589 | 351,011 | 159,673 | -63,971 | 35,118 | -284,631 | 84,314 | 307,216 |
| Accruals and Deferred Income | 757,806 | -14,923 | -1,188,159 | -1,010,936 | -632,239 | -248,212 | 964,961 | 95,441 | -849,651 | 1,112,194 | -514,560 | 395,372 | 2,361,746 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | -3,000,333 | -3,363,208 | -3,210,977 | -4,507,042 | -319,507 | -183,622 | 1,731,961 | 3,254,838 | -4,824,495 | ||||
| Investing Activities | |||||||||||||
| capital expenditure | |||||||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | |||||||||||||
| Financing Activities | |||||||||||||
| Bank loans | 0 | -1,838,928 | -8,011,614 | 893,192 | 4,297,592 | 4,659,758 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | -493,119 | 1,922,063 | -814,380 | 1,135,628 | 1,025,140 | 1,213,255 | 1,020,954 | 1,372,261 | 301,673 | 184,161 | -1,355,613 | -608,080 | 2,596,610 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | -1,789,288 | -2,854,327 | 3,534,700 | -1,876,249 | 2,985,164 | 0 | 0 | 0 | -1,860,734 | 1,860,734 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||||||||||
| interest | -176,929 | -856,093 | -407,207 | -71,233 | -12 | 0 | -1,357 | -1,940 | -1,435 | ||||
| cash flow from financing | 2,291,476 | 8,551,620 | -1,262,502 | 4,286,192 | 301,659 | 184,161 | -1,356,970 | -2,470,754 | 3,685,489 | ||||
| cash and cash equivalents | |||||||||||||
| cash | -678,882 | 351,137 | 45,320 | 151,635 | -708,857 | 1,094,033 | -16,297 | 29,272 | -17,848 | 539 | 19,935 | -74,130 | 74,264 |
| overdraft | 0 | 0 | -7,452 | 7,452 | 0 | -4,707,304 | 4,457,182 | 250,122 | 0 | 0 | -355,056 | -858,214 | 1,213,270 |
| change in cash | -678,882 | 351,137 | 52,772 | 144,183 | -708,857 | 5,801,337 | -4,473,479 | -220,850 | -17,848 | 539 | 374,991 | 784,084 | -1,139,006 |
wooldridge developments ltd Credit Report and Business Information
Wooldridge Developments Ltd Competitor Analysis
Perform a competitor analysis for wooldridge developments ltd by selecting its closest rivals, whether from the CONSTRUCTION sector, other small companies, companies in WD17 area or any other competitors across 12 key performance metrics.
wooldridge developments ltd Ownership
WOOLDRIDGE DEVELOPMENTS LTD group structure
Wooldridge Developments Ltd has no subsidiary companies.
wooldridge developments ltd directors
Wooldridge Developments Ltd currently has 3 directors. The longest serving directors include Mr Graham Wooldridge (Oct 2010) and Mr Charles Wooldridge (Nov 2016).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Graham Wooldridge | 64 years | Oct 2010 | - | Director | |
| Mr Charles Wooldridge | United Kingdom | 36 years | Nov 2016 | - | Director |
| Mr Marcus Mainwaring | 54 years | Aug 2019 | - | Director |
P&L
January 2022turnover
4m
+359%
operating profit
-1.3m
0%
gross margin
19.2%
-1.25%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
January 2022net assets
-5.7m
+0.28%
total assets
3.5m
-0.17%
cash
270.1k
-0.72%
net assets
Total assets minus all liabilities
wooldridge developments ltd company details
company number
04227308
Type
Private limited with Share Capital
industry
41202 - Construction of domestic buildings
incorporation date
June 2001
age
23
incorporated
UK
ultimate parent company
accounts
Small Company
last accounts submitted
January 2022
previous names
heronsbrook homes limited (July 2020)
accountant
MENZIES LLP
auditor
-
address
1st floor 21 station road, watford, hertfordshire, WD17 1AP
Bank
BARCLAYS BANK PLC
Legal Advisor
-
wooldridge 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 32 charges/mortgages relating to wooldridge developments ltd. Currently there are 5 open charges and 27 have been satisfied in the past.
wooldridge developments ltd Companies House Filings - See Documents
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