enco developments ltd
enco developments ltd Company Information
Company Number
04618877
Next Accounts
80 days late
Directors
Shareholders
emma o'grady
trustees of the jessica elizabeth o'grady iip
View AllGroup Structure
View All
Industry
Development of building projects
Registered Address
c/o azets secure house, lulworth close, chandler's ford, southampton, SO53 3TL
enco developments ltd Estimated Valuation
Pomanda estimates the enterprise value of ENCO DEVELOPMENTS LTD at £90.9k based on a Turnover of £193.1k and 0.47x industry multiple (adjusted for size and gross margin).
enco developments ltd Estimated Valuation
Pomanda estimates the enterprise value of ENCO DEVELOPMENTS LTD at £610.3k based on an EBITDA of £164.1k and a 3.72x industry multiple (adjusted for size and gross margin).
enco developments ltd Estimated Valuation
Pomanda estimates the enterprise value of ENCO DEVELOPMENTS LTD at £838.6k based on Net Assets of £593.5k and 1.41x industry multiple (adjusted for liquidity).
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Enco Developments Ltd Overview
Enco Developments Ltd is a live company located in chandler's ford, SO53 3TL with a Companies House number of 04618877. It operates in the development of building projects sector, SIC Code 41100. Founded in December 2002, it's largest shareholder is emma o'grady with a 95% stake. Enco Developments Ltd is a mature, micro sized company, Pomanda has estimated its turnover at £193.1k with declining growth in recent years.
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Enco Developments Ltd Health Check
Pomanda's financial health check has awarded Enco Developments Ltd a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 6 areas for improvement. Company Health Check FAQs
3 Strong
2 Regular
6 Weak
Size
annual sales of £193.1k, make it smaller than the average company (£2.1m)
- Enco Developments Ltd
£2.1m - Industry AVG
Growth
3 year (CAGR) sales growth of -9%, show it is growing at a slower rate (2.3%)
- Enco Developments Ltd
2.3% - Industry AVG
Production
with a gross margin of 25.9%, this company has a comparable cost of product (25.9%)
- Enco Developments Ltd
25.9% - Industry AVG
Profitability
an operating margin of 80.8% make it more profitable than the average company (8.4%)
- Enco Developments Ltd
8.4% - Industry AVG
Employees
with 2 employees, this is below the industry average (6)
2 - Enco Developments Ltd
6 - Industry AVG
Pay Structure
on an average salary of £46k, the company has an equivalent pay structure (£46k)
- Enco Developments Ltd
£46k - Industry AVG
Efficiency
resulting in sales per employee of £96.6k, this is less efficient (£270.4k)
- Enco Developments Ltd
£270.4k - Industry AVG
Debtor Days
it gets paid by customers after 20 days, this is earlier than average (29 days)
- Enco Developments Ltd
29 days - Industry AVG
Creditor Days
its suppliers are paid after 2 days, this is quicker than average (30 days)
- Enco Developments Ltd
30 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Enco Developments Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 3 weeks, this is less cash available to meet short term requirements (14 weeks)
3 weeks - Enco Developments Ltd
14 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 35.6%, this is a lower level of debt than the average (73.8%)
35.6% - Enco Developments Ltd
73.8% - Industry AVG
ENCO DEVELOPMENTS LTD financials
Enco Developments Ltd's latest turnover from March 2023 is estimated at £193.1 thousand and the company has net assets of £593.5 thousand. According to their latest financial statements, Enco Developments Ltd has 2 employees and maintains cash reserves of £18.9 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | |||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 26,504 | 35,923 | 40,071 | 25,698 | 32,598 | 24,130 | 27,644 | 15,221 | 23,142 | 68,867 | 67,251 | 38,063 | 14,937 | 24,713 |
| Intangible Assets | ||||||||||||||
| Investments & Other | 48 | 7,266 | ||||||||||||
| Debtors (Due After 1 year) | ||||||||||||||
| Total Fixed Assets | 26,504 | 35,971 | 47,337 | 25,698 | 32,598 | 24,130 | 27,644 | 15,221 | 23,142 | 68,867 | 67,251 | 38,063 | 14,937 | 24,713 |
| Stock & work in progress | 59,195 | 1,278,359 | 879 | |||||||||||
| Trade Debtors | 10,937 | 2,169 | 11,022 | 2,900 | 317,896 | 421,470 | 590,332 | 441,559 | 425,927 | 472,863 | 259,794 | 89,614 | 65,299 | 38,233 |
| Group Debtors | ||||||||||||||
| Misc Debtors | 864,459 | 328,529 | 359,320 | 364,025 | 27,973 | 103,950 | ||||||||
| Cash | 18,930 | 353,642 | 4,929 | 5,919 | 16,666 | 10,993 | 5,981 | 10,101 | 5,056 | 197,325 | 70,122 | 137,223 | 97,082 | 119,061 |
| misc current assets | ||||||||||||||
| total current assets | 894,326 | 684,340 | 375,271 | 372,844 | 334,562 | 432,463 | 596,313 | 451,660 | 430,983 | 670,188 | 389,111 | 1,505,196 | 191,233 | 261,244 |
| total assets | 920,830 | 720,311 | 422,608 | 398,542 | 367,160 | 456,593 | 623,957 | 466,881 | 454,125 | 739,055 | 456,362 | 1,543,259 | 206,170 | 285,957 |
| Bank overdraft | ||||||||||||||
| Bank loan | ||||||||||||||
| Trade Creditors | 951 | 7,927 | 19,285 | 33,011 | 138,117 | 192,387 | 192,455 | 127,391 | 96,271 | 201,311 | 163,217 | 1,447,753 | 15,327 | 15,693 |
| Group/Directors Accounts | ||||||||||||||
| other short term finances | ||||||||||||||
| hp & lease commitments | ||||||||||||||
| other current liabilities | 324,624 | 248,052 | 157,513 | 131,208 | ||||||||||
| total current liabilities | 325,575 | 255,979 | 176,798 | 164,219 | 138,117 | 192,387 | 192,455 | 127,391 | 96,271 | 201,311 | 163,217 | 1,447,753 | 15,327 | 15,693 |
| loans | ||||||||||||||
| hp & lease commitments | 42,384 | 14,822 | ||||||||||||
| Accruals and Deferred Income | ||||||||||||||
| other liabilities | 7,324 | 8,500 | 9,675 | 41,311 | 1,450 | |||||||||
| provisions | 1,798 | 3,720 | 4,883 | 5,999 | 4,387 | 3,931 | 1,533 | 2,985 | 6,310 | 4,444 | 2,231 | 3,322 | ||
| total long term liabilities | 1,798 | 3,720 | 4,883 | 5,999 | 4,387 | 11,255 | 10,033 | 12,660 | 47,621 | 46,828 | 14,822 | 2,231 | 4,772 | |
| total liabilities | 327,373 | 259,699 | 176,798 | 169,102 | 144,116 | 196,774 | 203,710 | 137,424 | 108,931 | 248,932 | 210,045 | 1,462,575 | 17,558 | 20,465 |
| net assets | 593,457 | 460,612 | 245,810 | 229,440 | 223,044 | 259,819 | 420,247 | 329,457 | 345,194 | 490,123 | 246,317 | 80,684 | 188,612 | 265,492 |
| total shareholders funds | 593,457 | 460,612 | 245,810 | 229,440 | 223,044 | 259,819 | 420,247 | 329,457 | 345,194 | 490,123 | 246,317 | 80,684 | 188,612 | 265,492 |
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||||
| Operating Profit | ||||||||||||||
| Depreciation | 8,015 | 10,085 | 8,323 | 8,036 | 7,068 | 7,682 | 4,846 | 5,742 | 20,902 | 17,749 | 20,521 | 9,973 | 4,701 | 7,566 |
| Amortisation | ||||||||||||||
| Tax | ||||||||||||||
| Stock | -59,195 | -1,219,164 | 1,277,480 | 879 | ||||||||||
| Debtors | 544,698 | -39,644 | 3,417 | 49,029 | -103,574 | -168,862 | 148,773 | 15,632 | -46,936 | 213,069 | 170,180 | -3,658 | -48,911 | 142,183 |
| Creditors | -6,976 | -11,358 | -13,726 | -105,106 | -54,270 | -68 | 65,064 | 31,120 | -105,040 | 38,094 | -1,284,536 | 1,432,426 | -366 | 15,693 |
| Accruals and Deferred Income | 76,572 | 90,539 | 26,305 | 131,208 | ||||||||||
| Deferred Taxes & Provisions | -1,922 | 3,720 | -4,883 | -1,116 | 1,612 | 456 | 2,398 | -1,452 | -3,325 | 1,866 | 4,444 | -2,231 | -1,091 | 3,322 |
| Cash flow from operations | ||||||||||||||
| Investing Activities | ||||||||||||||
| capital expenditure | ||||||||||||||
| Change in Investments | -48 | -7,218 | 7,266 | |||||||||||
| cash flow from investments | ||||||||||||||
| Financing Activities | ||||||||||||||
| Bank loans | ||||||||||||||
| Group/Directors Accounts | ||||||||||||||
| Other Short Term Loans | ||||||||||||||
| Long term loans | ||||||||||||||
| Hire Purchase and Lease Commitments | -42,384 | 27,562 | 14,822 | |||||||||||
| other long term liabilities | -7,324 | -1,176 | -1,175 | -31,636 | 41,311 | -1,450 | 1,450 | |||||||
| share issue | ||||||||||||||
| interest | ||||||||||||||
| cash flow from financing | ||||||||||||||
| cash and cash equivalents | ||||||||||||||
| cash | -334,712 | 348,713 | -990 | -10,747 | 5,673 | 5,012 | -4,120 | 5,045 | -192,269 | 127,203 | -67,101 | 40,141 | -21,979 | 119,061 |
| overdraft | ||||||||||||||
| change in cash | -334,712 | 348,713 | -990 | -10,747 | 5,673 | 5,012 | -4,120 | 5,045 | -192,269 | 127,203 | -67,101 | 40,141 | -21,979 | 119,061 |
enco developments ltd Credit Report and Business Information
Enco Developments Ltd Competitor Analysis
Perform a competitor analysis for enco developments ltd by selecting its closest rivals, whether from the CONSTRUCTION sector, other micro companies, companies in SO53 area or any other competitors across 12 key performance metrics.
enco developments ltd Ownership
ENCO DEVELOPMENTS LTD group structure
Enco Developments Ltd has no subsidiary companies.
Ultimate parent company
ENCO DEVELOPMENTS LTD
04618877
enco developments ltd directors
Enco Developments Ltd currently has 1 director, Mr Bruce O'Grady serving since Dec 2002.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Bruce O'Grady | 57 years | Dec 2002 | - | Director |
P&L
March 2023turnover
193.1k
+12%
operating profit
156.1k
0%
gross margin
26%
+5.54%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2023net assets
593.5k
+0.29%
total assets
920.8k
+0.28%
cash
18.9k
-0.95%
net assets
Total assets minus all liabilities
enco developments ltd company details
company number
04618877
Type
Private limited with Share Capital
industry
41100 - Development of building projects
incorporation date
December 2002
age
23
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
March 2023
previous names
sherbourne developments limited (July 2018)
accountant
AZETS
auditor
-
address
c/o azets secure house, lulworth close, chandler's ford, southampton, SO53 3TL
Bank
-
Legal Advisor
-
enco 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 14 charges/mortgages relating to enco developments ltd. Currently there are 13 open charges and 1 have been satisfied in the past.
enco 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 ENCO DEVELOPMENTS LTD. This can take several minutes, an email will notify you when this has completed.
enco developments ltd Companies House Filings - See Documents
| date | description | view/download |
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