azure developments limited Company Information
Company Number
04490644
Next Accounts
3583 days late
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
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
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
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
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2 Strong
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1 Regular
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8 Weak
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Size
annual sales of £845.1k, make it smaller than the average company (£1.2m)
- Azure Developments Limited
£1.2m - Industry AVG
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Growth
3 year (CAGR) sales growth of -25%, show it is growing at a slower rate (2.3%)
- Azure Developments Limited
2.3% - Industry AVG
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Production
with a gross margin of 10.7%, this company has a higher cost of product (29.4%)
- Azure Developments Limited
29.4% - Industry AVG
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Profitability
an operating margin of 6.4% make it less profitable than the average company (13.1%)
- Azure Developments Limited
13.1% - Industry AVG
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Employees
with 2 employees, this is below the industry average (11)
- Azure Developments Limited
11 - Industry AVG
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Pay Structure
on an average salary of £36.2k, the company has an equivalent pay structure (£36.2k)
- Azure Developments Limited
£36.2k - Industry AVG
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Efficiency
resulting in sales per employee of £422.6k, this is more efficient (£272.6k)
- Azure Developments Limited
£272.6k - Industry AVG
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Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Azure Developments Limited
- - Industry AVG
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Creditor Days
its suppliers are paid after 150 days, this is slower than average (34 days)
- Azure Developments Limited
34 days - Industry AVG
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Stock Days
it holds stock equivalent to 528 days, this is more than average (260 days)
- Azure Developments Limited
260 days - Industry AVG
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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
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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
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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 House, Pomanda Estimates
Jul 2013 | Jul 2012 | Jul 2011 | Jul 2010 | Jul 2009 | |
---|---|---|---|---|---|
Turnover | |||||
Other Income Or Grants | |||||
Cost Of Sales | |||||
Gross Profit | |||||
Admin Expenses | |||||
Operating Profit | |||||
Interest Payable | |||||
Interest Receivable | |||||
Pre-Tax Profit | |||||
Tax | |||||
Profit After Tax | |||||
Dividends Paid | |||||
Retained Profit | |||||
Employee Costs | |||||
Number Of Employees | |||||
EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
Jul 2013 | Jul 2012 | Jul 2011 | Jul 2010 | Jul 2009 | |
---|---|---|---|---|---|
Tangible Assets | 0 | 0 | 0 | 0 | 0 |
Intangible Assets | 0 | 0 | 0 | 0 | 0 |
Investments & Other | 0 | 0 | 0 | 0 | 0 |
Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 |
Total Fixed Assets | 0 | 0 | 0 | 0 | 0 |
Stock & work in progress | 1,091,818 | 1,091,818 | 811,918 | 811,918 | 811,918 |
Trade Debtors | 0 | 0 | 0 | 0 | 0 |
Group Debtors | 0 | 0 | 0 | 0 | 0 |
Misc Debtors | 0 | 0 | 0 | 0 | 0 |
Cash | 1,234 | 1,234 | 0 | 0 | 0 |
misc current assets | 0 | 0 | 0 | 0 | 0 |
total current assets | 1,093,052 | 1,093,052 | 811,918 | 811,918 | 811,918 |
total assets | 1,093,052 | 1,093,052 | 811,918 | 811,918 | 811,918 |
Bank overdraft | 0 | 0 | 0 | 0 | 0 |
Bank loan | 0 | 0 | 0 | 0 | 0 |
Trade Creditors | 311,065 | 311,065 | 59,745 | 844,638 | 844,638 |
Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 |
other short term finances | 0 | 0 | 0 | 0 | 0 |
hp & lease commitments | 0 | 0 | 0 | 0 | 0 |
other current liabilities | 0 | 0 | 0 | 0 | 0 |
total current liabilities | 311,065 | 311,065 | 59,745 | 844,638 | 844,638 |
loans | 825,774 | 825,774 | 784,893 | 0 | 0 |
hp & lease commitments | 0 | 0 | 0 | 0 | 0 |
Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 |
other liabilities | 0 | 0 | 0 | 0 | 0 |
provisions | 0 | 0 | 0 | 0 | 0 |
total long term liabilities | 825,774 | 825,774 | 784,893 | 0 | 0 |
total liabilities | 1,136,839 | 1,136,839 | 844,638 | 844,638 | 844,638 |
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 2013 | Jul 2012 | Jul 2011 | Jul 2010 | Jul 2009 | |
---|---|---|---|---|---|
Operating Activities | |||||
Operating Profit | |||||
Depreciation | 0 | 0 | 0 | 0 | 0 |
Amortisation | 0 | 0 | 0 | 0 | |
Tax | |||||
Stock | 0 | 279,900 | 0 | 0 | 811,918 |
Debtors | 0 | 0 | 0 | 0 | 0 |
Creditors | 0 | 251,320 | -784,893 | 0 | 844,638 |
Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 |
Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 |
Cash flow from operations | |||||
Investing Activities | |||||
capital expenditure | |||||
Change in Investments | 0 | 0 | 0 | 0 | 0 |
cash flow from investments | |||||
Financing Activities | |||||
Bank loans | 0 | 0 | 0 | 0 | 0 |
Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 |
Other Short Term Loans | 0 | 0 | 0 | 0 | 0 |
Long term loans | 0 | 40,881 | 784,893 | 0 | 0 |
Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 |
other long term liabilities | 0 | 0 | 0 | 0 | 0 |
share issue | |||||
interest | |||||
cash flow from financing | |||||
cash and cash equivalents | |||||
cash | 0 | 1,234 | 0 | 0 | 0 |
overdraft | 0 | 0 | 0 | 0 | 0 |
change in cash | 0 | 1,234 | 0 | 0 | 0 |
azure developments limited Credit Report and Business Information
Azure Developments Limited Competitor Analysis
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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 directors
Azure Developments Limited currently has 2 directors. The longest serving directors include Mr Adrian Hillman (Jul 2002) and Mr Peter Connally (Jul 2002).
officer | country | age | start | end | role |
---|---|---|---|---|---|
Mr Adrian Hillman | 49 years | Jul 2002 | - | Director | |
Mr Peter Connally | 49 years | Jul 2002 | - | Director |
P&L
July 2013turnover
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 2013net 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
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.
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azure developments limited Companies House Filings - See Documents
date | description | view/download |
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