azure developments limited

Live (In Receivership)MatureSmallDeclining

azure developments limited Company Information

Share AZURE DEVELOPMENTS LIMITED

Company Number

04490644

Shareholders

mr peter john connally

mr adrian hillman

Group Structure

View All

Industry

Development of building projects

 

Registered Address

lifford hall lifford lane, kings norton, birmingham, west mildands, B30 3JN

Website

-

azure developments limited Estimated Valuation

£298.9k

Pomanda estimates the enterprise value of AZURE DEVELOPMENTS LIMITED at £298.9k based on a Turnover of £845.1k and 0.35x industry multiple (adjusted for size and gross margin).

azure developments limited Estimated Valuation

£145.8k

Pomanda estimates the enterprise value of AZURE DEVELOPMENTS LIMITED at £145.8k based on an EBITDA of £53.7k and a 2.72x industry multiple (adjusted for size and gross margin).

azure developments limited Estimated Valuation

£0

Pomanda estimates the enterprise value of AZURE DEVELOPMENTS LIMITED at £0 based on Net Assets of £-43.8k and 1.49x industry multiple (adjusted for liquidity).

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Azure Developments Limited Overview

Azure Developments Limited is a live company located in birmingham, B30 3JN with a Companies House number of 04490644. It operates in the development of building projects sector, SIC Code 41100. Founded in July 2002, it's largest shareholder is mr peter john connally with a 50% stake. Azure Developments Limited is a mature, small sized company, Pomanda has estimated its turnover at £845.1k with declining growth in recent years.

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Azure Developments Limited Health Check

Pomanda's financial health check has awarded Azure Developments Limited a 2 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 8 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating2out of 5
positive_score

2 Strong

positive_score

1 Regular

positive_score

8 Weak

size

Size

annual sales of £845.1k, make it smaller than the average company (£1.2m)

£845.1k - Azure Developments Limited

£1.2m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -25%, show it is growing at a slower rate (2.3%)

-25% - Azure Developments Limited

2.3% - Industry AVG

production

Production

with a gross margin of 10.7%, this company has a higher cost of product (29.4%)

10.7% - Azure Developments Limited

29.4% - Industry AVG

profitability

Profitability

an operating margin of 6.4% make it less profitable than the average company (13.1%)

6.4% - Azure Developments Limited

13.1% - Industry AVG

employees

Employees

with 2 employees, this is below the industry average (11)

2 - Azure Developments Limited

11 - Industry AVG

paystructure

Pay Structure

on an average salary of £36.2k, the company has an equivalent pay structure (£36.2k)

£36.2k - Azure Developments Limited

£36.2k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £422.6k, this is more efficient (£272.6k)

£422.6k - Azure Developments Limited

£272.6k - Industry AVG

debtordays

Debtor Days

There is insufficient data available for this Key Performance Indicator!

- - Azure Developments Limited

- - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 150 days, this is slower than average (34 days)

150 days - Azure Developments Limited

34 days - Industry AVG

stockdays

Stock Days

it holds stock equivalent to 528 days, this is more than average (260 days)

528 days - Azure Developments Limited

260 days - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (10 weeks)

0 weeks - Azure Developments Limited

10 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 104%, this is a higher level of debt than the average (72.9%)

104% - Azure Developments Limited

72.9% - Industry AVG

AZURE DEVELOPMENTS LIMITED financials

EXPORTms excel logo

Azure Developments Limited's latest turnover from July 2013 is estimated at £845.1 thousand and the company has net assets of -£43.8 thousand. According to their latest financial statements, we estimate that Azure Developments Limited has 2 employees and maintains cash reserves of £1.2 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Jul 2013Jul 2012Jul 2011Jul 2010Jul 2009
Turnover845,120823,589203,0342,043,6460
Other Income Or Grants00000
Cost Of Sales754,577744,544182,9451,842,3760
Gross Profit90,54379,04620,088201,2700
Admin Expenses36,87437,769-5,421201,27032,820
Operating Profit53,66941,27725,5090-32,820
Interest Payable53,67552,34725,50900
Interest Receivable63000
Pre-Tax Profit0-11,06700-32,820
Tax00000
Profit After Tax0-11,06700-32,820
Dividends Paid00000
Retained Profit0-11,06700-32,820
Employee Costs72,38072,58134,779134,7190
Number Of Employees22140
EBITDA*53,66941,27725,5090-32,820

* Earnings Before Interest, Tax, Depreciation and Amortisation

Jul 2013Jul 2012Jul 2011Jul 2010Jul 2009
Tangible Assets00000
Intangible Assets00000
Investments & Other00000
Debtors (Due After 1 year)00000
Total Fixed Assets00000
Stock & work in progress1,091,8181,091,818811,918811,918811,918
Trade Debtors00000
Group Debtors00000
Misc Debtors00000
Cash1,2341,234000
misc current assets00000
total current assets1,093,0521,093,052811,918811,918811,918
total assets1,093,0521,093,052811,918811,918811,918
Bank overdraft00000
Bank loan00000
Trade Creditors 311,065311,06559,745844,638844,638
Group/Directors Accounts00000
other short term finances00000
hp & lease commitments00000
other current liabilities00000
total current liabilities311,065311,06559,745844,638844,638
loans825,774825,774784,89300
hp & lease commitments00000
Accruals and Deferred Income00000
other liabilities00000
provisions00000
total long term liabilities825,774825,774784,89300
total liabilities1,136,8391,136,839844,638844,638844,638
net assets-43,787-43,787-32,720-32,720-32,720
total shareholders funds-43,787-43,787-32,720-32,720-32,720
Jul 2013Jul 2012Jul 2011Jul 2010Jul 2009
Operating Activities
Operating Profit53,66941,27725,5090-32,820
Depreciation00000
Amortisation00000
Tax00000
Stock0279,90000811,918
Debtors00000
Creditors0251,320-784,8930844,638
Accruals and Deferred Income00000
Deferred Taxes & Provisions00000
Cash flow from operations53,66912,697-759,3840-100
Investing Activities
capital expenditure00000
Change in Investments00000
cash flow from investments00000
Financing Activities
Bank loans00000
Group/Directors Accounts00000
Other Short Term Loans 00000
Long term loans040,881784,89300
Hire Purchase and Lease Commitments00000
other long term liabilities00000
share issue0000100
interest-53,669-52,344-25,50900
cash flow from financing-53,669-11,463759,3840100
cash and cash equivalents
cash01,234000
overdraft00000
change in cash01,234000

azure developments limited 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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Azure Developments Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for azure developments limited by selecting its closest rivals, whether from the CONSTRUCTION sector, other small companies, companies in B30 area or any other competitors across 12 key performance metrics.

azure developments limited Ownership

AZURE DEVELOPMENTS LIMITED group structure

Azure Developments Limited has no subsidiary companies.

Ultimate parent company

AZURE DEVELOPMENTS LIMITED

04490644

AZURE DEVELOPMENTS LIMITED Shareholders

mr peter john connally 50%
mr adrian hillman 50%

azure developments limited directors

Azure Developments Limited currently has 2 directors. The longest serving directors include Mr Adrian Hillman (Jul 2002) and Mr Peter Connally (Jul 2002).

officercountryagestartendrole
Mr Adrian Hillman49 years Jul 2002- Director
Mr Peter Connally49 years Jul 2002- Director

P&L

July 2013

turnover

845.1k

+3%

operating profit

53.7k

0%

gross margin

10.8%

+11.63%

turnover

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

Balance Sheet

July 2013

net assets

-43.8k

0%

total assets

1.1m

0%

cash

1.2k

0%

net assets

Total assets minus all liabilities

azure developments limited company details

company number

04490644

Type

Private limited with Share Capital

industry

41100 - Development of building projects

incorporation date

July 2002

age

23

incorporated

UK

ultimate parent company

None

accounts

Total Exemption Small

last accounts submitted

July 2013

previous names

hercules land limited (November 2004)

accountant

-

auditor

-

address

lifford hall lifford lane, kings norton, birmingham, west mildands, B30 3JN

Bank

-

Legal Advisor

-

azure developments 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 2 charges/mortgages relating to azure developments limited. Currently there are 2 open charges and 0 have been satisfied in the past.

azure developments 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 AZURE DEVELOPMENTS LIMITED. This can take several minutes, an email will notify you when this has completed.

azure developments limited Companies House Filings - See Documents

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