friendship property development ltd

1

friendship property development ltd Company Information

Share FRIENDSHIP PROPERTY DEVELOPMENT LTD
Live 
MatureMicroDeclining

Company Number

04740066

Website

-

Registered Address

31 beaufort close, read, burnley, lancashire, BB12 7QF

Industry

Buying and selling of own real estate

 

Telephone

01282771740

Next Accounts Due

January 2025

Group Structure

View All

Directors

Clifton Pollard21 Years

Shareholders

clifton charles pollard 50%

freida pollard 50%

friendship property development ltd Estimated Valuation

£428.8k

Pomanda estimates the enterprise value of FRIENDSHIP PROPERTY DEVELOPMENT LTD at £428.8k based on a Turnover of £195k and 2.2x industry multiple (adjusted for size and gross margin).

friendship property development ltd Estimated Valuation

£0

Pomanda estimates the enterprise value of FRIENDSHIP PROPERTY DEVELOPMENT LTD at £0 based on an EBITDA of £-911 and a 5.36x industry multiple (adjusted for size and gross margin).

friendship property development ltd Estimated Valuation

£0

Pomanda estimates the enterprise value of FRIENDSHIP PROPERTY DEVELOPMENT LTD at £0 based on Net Assets of £-36.1k and 1.4x industry multiple (adjusted for liquidity).

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Friendship Property Development Ltd Overview

Friendship Property Development Ltd is a live company located in burnley, BB12 7QF with a Companies House number of 04740066. It operates in the buying and selling of own real estate sector, SIC Code 68100. Founded in April 2003, it's largest shareholder is clifton charles pollard with a 50% stake. Friendship Property Development Ltd is a mature, micro sized company, Pomanda has estimated its turnover at £195k with declining growth in recent years.

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Friendship Property Development Ltd Health Check

Pomanda's financial health check has awarded Friendship Property Development Ltd a 1 rating. We use a traffic light system to show it exceeds the industry average on 0 measures and has 6 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating1out of 5
positive_score

0 Strong

positive_score

3 Regular

positive_score

6 Weak

size

Size

annual sales of £195k, make it smaller than the average company (£873.5k)

£195k - Friendship Property Development Ltd

£873.5k - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -2%, show it is growing at a slower rate (2%)

-2% - Friendship Property Development Ltd

2% - Industry AVG

production

Production

with a gross margin of 68.7%, this company has a comparable cost of product (68.7%)

68.7% - Friendship Property Development Ltd

68.7% - Industry AVG

profitability

Profitability

an operating margin of -0.5% make it less profitable than the average company (33.2%)

-0.5% - Friendship Property Development Ltd

33.2% - Industry AVG

employees

Employees

with 1 employees, this is below the industry average (4)

1 - Friendship Property Development Ltd

4 - Industry AVG

paystructure

Pay Structure

on an average salary of £37.3k, the company has an equivalent pay structure (£37.3k)

£37.3k - Friendship Property Development Ltd

£37.3k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £195k, this is equally as efficient (£195k)

£195k - Friendship Property Development Ltd

£195k - Industry AVG

debtordays

Debtor Days

There is insufficient data available for this Key Performance Indicator!

- - Friendship Property Development Ltd

- - Industry AVG

creditordays

Creditor Days

There is insufficient data available for this Key Performance Indicator!

- - Friendship Property Development Ltd

- - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Friendship Property Development Ltd

- - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 1 weeks, this is less cash available to meet short term requirements (9 weeks)

1 weeks - Friendship Property Development Ltd

9 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 3539.2%, this is a higher level of debt than the average (63.4%)

3539.2% - Friendship Property Development Ltd

63.4% - Industry AVG

FRIENDSHIP PROPERTY DEVELOPMENT LTD financials

EXPORTms excel logo

Friendship Property Development Ltd's latest turnover from April 2023 is estimated at £195 thousand and the company has net assets of -£36.1 thousand. According to their latest financial statements, Friendship Property Development Ltd has 1 employee and maintains cash reserves of £1.1 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Apr 2023Apr 2022Apr 2021Apr 2020Apr 2019Apr 2018Apr 2017Apr 2016Apr 2015Apr 2014Apr 2013Apr 2012Apr 2011Apr 2010
Turnover194,979184,002322,185210,134231,953895,421304,778274,873294,111344,889332,602348,903313,187334,482
Other Income Or Grants00000000000000
Cost Of Sales61,06660,521103,79567,92371,552293,465100,15090,803110,104143,141130,435137,518116,627130,318
Gross Profit133,913123,480218,390142,211160,402601,956204,627184,070184,007201,748202,167211,385196,560204,165
Admin Expenses134,825124,040217,906140,472158,689600,420202,660181,668180,948197,324197,208206,442190,559262,961
Operating Profit-912-5604841,7391,7131,5361,9672,4023,0594,4244,9594,9436,001-58,796
Interest Payable0344441,241916000000000
Interest Receivable217657641215668111184
Pre-Tax Profit-695-529475048381,5571,9732,4083,0654,4324,9704,9546,009-58,792
Tax00-9-96-159-296-375-481-613-931-1,143-1,189-1,5620
Profit After Tax-695-529384086791,2611,5981,9262,4523,5013,8273,7654,447-58,792
Dividends Paid00000000000000
Retained Profit-695-529384086791,2611,5981,9262,4523,5013,8273,7654,447-58,792
Employee Costs37,27336,49771,62540,37978,237187,10571,47977,18770,06773,35069,60266,81667,53266,065
Number Of Employees11212522222222
EBITDA*-912-5604841,7391,7131,5361,9672,4023,0594,4244,9594,9436,001-58,796

* Earnings Before Interest, Tax, Depreciation and Amortisation

Apr 2023Apr 2022Apr 2021Apr 2020Apr 2019Apr 2018Apr 2017Apr 2016Apr 2015Apr 2014Apr 2013Apr 2012Apr 2011Apr 2010
Tangible Assets00000000000000
Intangible Assets00000000000000
Investments & Other00000000000000
Debtors (Due After 1 year)00029,13443,678071,60085,79899,420112,839126,058140,154154,421164,042
Total Fixed Assets00029,13443,678071,60085,79899,420112,839126,058140,154154,421164,042
Stock & work in progress00000000000000
Trade Debtors014,50129,24414,49914,10271,69514,01013,60313,40013,20013,00311,7349,6069,461
Group Debtors00000000000000
Misc Debtors012,169000000000000
Cash1,0509,1528,1186,2565,3325,4962,9841,3691,0171,4931,6752,7731,6711,650
misc current assets00000000000000
total current assets1,05035,82237,36220,75519,43477,19116,99414,97214,41714,69314,67814,50711,27711,111
total assets1,05035,82237,36249,88963,11277,19188,594100,770113,837127,532140,736154,661165,698175,153
Bank overdraft00000000000000
Bank loan00000000000000
Trade Creditors 00000112,454125,118138,892154,635170,782187,487205,239220,041233,943
Group/Directors Accounts00000000000000
other short term finances0099413,56727,134000000000
hp & lease commitments00000000000000
other current liabilities37,16271,23971,25671,24871,312000000000
total current liabilities37,16271,23972,25084,81598,446112,454125,118138,892154,635170,782187,487205,239220,041233,943
loans00000000000000
hp & lease commitments00000000000000
Accruals and Deferred Income00000750750750000000
other liabilities00000000000000
provisions00000000000000
total long term liabilities00000750750750000000
total liabilities37,16271,23972,25084,81598,446113,204125,868139,642154,635170,782187,487205,239220,041233,943
net assets-36,112-35,417-34,888-34,926-35,334-36,013-37,274-38,872-40,798-43,250-46,751-50,578-54,343-58,790
total shareholders funds-36,112-35,417-34,888-34,926-35,334-36,013-37,274-38,872-40,798-43,250-46,751-50,578-54,343-58,790
Apr 2023Apr 2022Apr 2021Apr 2020Apr 2019Apr 2018Apr 2017Apr 2016Apr 2015Apr 2014Apr 2013Apr 2012Apr 2011Apr 2010
Operating Activities
Operating Profit-912-5604841,7391,7131,5361,9672,4023,0594,4244,9594,9436,001-58,796
Depreciation00000000000000
Amortisation00000000000000
Tax00-9-96-159-296-375-481-613-931-1,143-1,189-1,5620
Stock00000000000000
Debtors-26,670-2,574-14,389-14,147-13,915-13,915-13,791-13,419-13,219-13,022-12,827-12,139-9,476173,503
Creditors0000-112,454-12,664-13,774-15,743-16,147-16,705-17,752-14,802-13,902233,943
Accruals and Deferred Income-34,077-178-6470,56200750000000
Deferred Taxes & Provisions00000000000000
Cash flow from operations-8,3191,99714,87215,726-26,4232,4911,609347-482-190-1,1091,091131,644
Investing Activities
capital expenditure00000000000000
Change in Investments00000000000000
cash flow from investments00000000000000
Financing Activities
Bank loans00000000000000
Group/Directors Accounts00000000000000
Other Short Term Loans 0-994-12,573-13,56727,134000000000
Long term loans00000000000000
Hire Purchase and Lease Commitments00000000000000
other long term liabilities00000000000000
share issue00000000000002
interest21731-437-1,235-875215668111184
cash flow from financing217-963-13,010-14,80226,259215668111186
cash and cash equivalents
cash-8,1021,0341,862924-1642,5121,615352-476-182-1,0981,102211,650
overdraft00000000000000
change in cash-8,1021,0341,862924-1642,5121,615352-476-182-1,0981,102211,650

friendship property development ltd 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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Friendship Property Development Ltd Competitor Analysis

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friendship property development ltd Ownership

FRIENDSHIP PROPERTY DEVELOPMENT LTD group structure

Friendship Property Development Ltd has no subsidiary companies.

Ultimate parent company

FRIENDSHIP PROPERTY DEVELOPMENT LTD

04740066

FRIENDSHIP PROPERTY DEVELOPMENT LTD Shareholders

clifton charles pollard 50%
freida pollard 50%

friendship property development ltd directors

Friendship Property Development Ltd currently has 1 director, Mr Clifton Pollard serving since Apr 2003.

officercountryagestartendrole
Mr Clifton Pollard78 years Apr 2003- Director

P&L

April 2023

turnover

195k

+6%

operating profit

-911.8

0%

gross margin

68.7%

+2.34%

turnover

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

Balance Sheet

April 2023

net assets

-36.1k

+0.02%

total assets

1.1k

-0.97%

cash

1.1k

-0.89%

net assets

Total assets minus all liabilities

friendship property development ltd company details

company number

04740066

Type

Private limited with Share Capital

industry

68100 - Buying and selling of own real estate

incorporation date

April 2003

age

21

accounts

Total Exemption Full

ultimate parent company

None

previous names

N/A

incorporated

UK

address

31 beaufort close, read, burnley, lancashire, BB12 7QF

last accounts submitted

April 2023

friendship property development 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 did not find charges/mortgages relating to friendship property development ltd.

charges

friendship property development ltd Companies House Filings - See Documents

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