friendship property development ltd
friendship property development ltd Company Information
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
Pomanda estimates the enterprise value of FRIENDSHIP PROPERTY DEVELOPMENT LTD at £388.9k based on a Turnover of £195k and 1.99x industry multiple (adjusted for size and gross margin).
friendship property development ltd Estimated Valuation
Pomanda estimates the enterprise value of FRIENDSHIP PROPERTY DEVELOPMENT LTD at £0 based on an EBITDA of £-911 and a 5.33x industry multiple (adjusted for size and gross margin).
friendship property development ltd Estimated Valuation
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
0 Strong
3 Regular
6 Weak
Size
annual sales of £195k, make it smaller than the average company (£873.5k)
- Friendship Property Development Ltd
£873.5k - Industry AVG
Growth
3 year (CAGR) sales growth of -2%, show it is growing at a slower rate (2%)
- Friendship Property Development Ltd
2% - Industry AVG
Production
with a gross margin of 68.7%, this company has a comparable cost of product (68.7%)
- Friendship Property Development Ltd
68.7% - Industry AVG
Profitability
an operating margin of -0.5% make it less profitable than the average company (33.2%)
- Friendship Property Development Ltd
33.2% - Industry AVG
Employees
with 1 employees, this is below the industry average (4)
1 - Friendship Property Development Ltd
4 - Industry AVG
Pay Structure
on an average salary of £37.3k, the company has an equivalent pay structure (£37.3k)
- Friendship Property Development Ltd
£37.3k - Industry AVG
Efficiency
resulting in sales per employee of £195k, this is equally as efficient (£195k)
- Friendship Property Development Ltd
£195k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Friendship Property Development Ltd
- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- Friendship Property Development Ltd
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Friendship Property Development Ltd
- - Industry AVG
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
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
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 House, Pomanda Estimates
| Apr 2023 | Apr 2022 | Apr 2021 | Apr 2020 | Apr 2019 | Apr 2018 | Apr 2017 | Apr 2016 | Apr 2015 | Apr 2014 | Apr 2013 | Apr 2012 | Apr 2011 | Apr 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 | 1 | 1 | ||||||||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Apr 2023 | Apr 2022 | Apr 2021 | Apr 2020 | Apr 2019 | Apr 2018 | Apr 2017 | Apr 2016 | Apr 2015 | Apr 2014 | Apr 2013 | Apr 2012 | Apr 2011 | Apr 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 0 | 0 | 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 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 29,134 | 43,678 | 0 | 71,600 | 85,798 | 99,420 | 112,839 | 126,058 | 140,154 | 154,421 | 164,042 |
| Total Fixed Assets | 0 | 0 | 0 | 29,134 | 43,678 | 0 | 71,600 | 85,798 | 99,420 | 112,839 | 126,058 | 140,154 | 154,421 | 164,042 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 0 | 14,501 | 29,244 | 14,499 | 14,102 | 71,695 | 14,010 | 13,603 | 13,400 | 13,200 | 13,003 | 11,734 | 9,606 | 9,461 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 12,169 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 1,050 | 9,152 | 8,118 | 6,256 | 5,332 | 5,496 | 2,984 | 1,369 | 1,017 | 1,493 | 1,675 | 2,773 | 1,671 | 1,650 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 1,050 | 35,822 | 37,362 | 20,755 | 19,434 | 77,191 | 16,994 | 14,972 | 14,417 | 14,693 | 14,678 | 14,507 | 11,277 | 11,111 |
| total assets | 1,050 | 35,822 | 37,362 | 49,889 | 63,112 | 77,191 | 88,594 | 100,770 | 113,837 | 127,532 | 140,736 | 154,661 | 165,698 | 175,153 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 0 | 0 | 0 | 0 | 0 | 112,454 | 125,118 | 138,892 | 154,635 | 170,782 | 187,487 | 205,239 | 220,041 | 233,943 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 994 | 13,567 | 27,134 | 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 | 0 |
| other current liabilities | 37,162 | 71,239 | 71,256 | 71,248 | 71,312 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 37,162 | 71,239 | 72,250 | 84,815 | 98,446 | 112,454 | 125,118 | 138,892 | 154,635 | 170,782 | 187,487 | 205,239 | 220,041 | 233,943 |
| loans | 0 | 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 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 750 | 750 | 750 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 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 | 0 |
| total long term liabilities | 0 | 0 | 0 | 0 | 0 | 750 | 750 | 750 | 0 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 37,162 | 71,239 | 72,250 | 84,815 | 98,446 | 113,204 | 125,868 | 139,642 | 154,635 | 170,782 | 187,487 | 205,239 | 220,041 | 233,943 |
| 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 2023 | Apr 2022 | Apr 2021 | Apr 2020 | Apr 2019 | Apr 2018 | Apr 2017 | Apr 2016 | Apr 2015 | Apr 2014 | Apr 2013 | Apr 2012 | Apr 2011 | Apr 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||||
| Operating Profit | ||||||||||||||
| Depreciation | 0 | 0 | 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 | 0 |
| Tax | ||||||||||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 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 | -9,476 | 173,503 |
| Creditors | 0 | 0 | 0 | 0 | -112,454 | -12,664 | -13,774 | -15,743 | -16,147 | -16,705 | -17,752 | -14,802 | -13,902 | 233,943 |
| Accruals and Deferred Income | -34,077 | -17 | 8 | -64 | 70,562 | 0 | 0 | 750 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | ||||||||||||||
| Investing Activities | ||||||||||||||
| capital expenditure | ||||||||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | ||||||||||||||
| Financing Activities | ||||||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | -994 | -12,573 | -13,567 | 27,134 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 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 | 0 |
| share issue | ||||||||||||||
| interest | ||||||||||||||
| cash flow from financing | ||||||||||||||
| cash and cash equivalents | ||||||||||||||
| cash | -8,102 | 1,034 | 1,862 | 924 | -164 | 2,512 | 1,615 | 352 | -476 | -182 | -1,098 | 1,102 | 21 | 1,650 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -8,102 | 1,034 | 1,862 | 924 | -164 | 2,512 | 1,615 | 352 | -476 | -182 | -1,098 | 1,102 | 21 | 1,650 |
friendship property development ltd Credit Report and Business Information
Friendship Property Development Ltd Competitor Analysis
Perform a competitor analysis for friendship property development ltd by selecting its closest rivals and benchmarking them against 12 key performance metrics.
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 directors
Friendship Property Development Ltd currently has 1 director, Mr Clifton Pollard serving since Apr 2003.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Clifton Pollard | 78 years | Apr 2003 | - | Director |
P&L
April 2023turnover
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 2023net assets
-36.1k
+0.02%
total assets
1.1k
-0.97%
cash
1.1k
-0.89%
net assets
Total assets minus all liabilities
Similar Companies
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
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.
friendship property development ltd Companies House Filings - See Documents
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