south shore developments limitedEstimated Valuation
£6.6m
Pomanda estimates the enterprise value of SOUTH SHORE DEVELOPMENTS LIMITED at £6.6m based on a Turnover of £2m and 3.36x industry multiple (adjusted for size and gross margin).
south shore developments limitedEstimated Valuation
£829.3k
Pomanda estimates the enterprise value of SOUTH SHORE DEVELOPMENTS LIMITED at £829.3k based on an EBITDA of £126.7k and a 6.54x industry multiple (adjusted for size and gross margin).
south shore developments limitedEstimated Valuation
£23.1m
Pomanda estimates the enterprise value of SOUTH SHORE DEVELOPMENTS LIMITED at £23.1m based on Net Assets of £13.7m and 1.68x industry multiple (adjusted for liquidity).
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South Shore Developments LimitedOverview
South Shore Developments Limited is a live company located in gateshead, NE8 3AE with a Companies House number of 05108355. It operates in the other letting and operating of own or leased real estate sector, SIC Code 68209. Founded in April 2004, it's largest shareholder is
william george robertson
with a 86.7% stake. South Shore Developments Limited is a mature,
small sized company, Pomanda has estimated its turnover at
£2m with
low
growth in recent years.
Pomanda's financial health check has awarded South Shore Developments Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 6 measures and has 3 areas for improvement. Company Health Check FAQs
Health Rating5out of 5
6 Strong
3 Regular
3 Weak
Size
annual sales of £2m, make it larger than the average company (£922k)
£2m - South Shore Developments Limited
£922k - Industry AVG
Growth
3 year (CAGR) sales growth of 4%, show it is growing at a slower rate (4.9%)
4% - South Shore Developments Limited
4.9% - Industry AVG
Production
with a gross margin of 75.4%, this company has a comparable cost of product (75.4%)
75.4% - South Shore Developments Limited
75.4% - Industry AVG
Profitability
an operating margin of 6.4% make it less profitable than the average company (29.3%)
6.4% - South Shore Developments Limited
29.3% - Industry AVG
Employees
with 4 employees, this is similar to the industry average (4)
4 - South Shore Developments Limited
4 - Industry AVG
Pay Structure
on an average salary of £32.4k, the company has an equivalent pay structure (£32.4k)
£32.4k - South Shore Developments Limited
£32.4k - Industry AVG
Efficiency
resulting in sales per employee of £494.3k, this is more efficient (£177k)
£494.3k - South Shore Developments Limited
£177k - Industry AVG
Debtor Days
it gets paid by customers after 18 days, this is earlier than average (30 days)
18 days - South Shore Developments Limited
30 days - Industry AVG
Creditor Days
its suppliers are paid after 58 days, this is slower than average (38 days)
58 days - South Shore Developments Limited
38 days - Industry AVG
Stock Days
it holds stock equivalent to 13587 days, this is more than average (52 days)
13587 days - South Shore Developments Limited
52 days - Industry AVG
Cash Balance
has cash to cover current liabilities
for 18 weeks, this is more cash available to meet short term requirements (11 weeks)
18 weeks - South Shore Developments Limited
11 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 35.8%, this is a lower level of debt than the average (64.6%)
35.8% - South Shore Developments Limited
64.6% - Industry AVG
SOUTH SHORE DEVELOPMENTS LIMITED financials
EXPORT
South Shore Developments Limited's latest turnover from March 2024 is estimated at £2 million and the company has net assets of £13.7 million. According to their latest financial statements, South Shore Developments Limited has 4 employees and maintains cash reserves of £2.7 million as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Mar 2024
Mar 2023
Mar 2022
Mar 2021
Mar 2020
Mar 2019
Mar 2018
Mar 2017
Mar 2016
Mar 2015
Mar 2014
Mar 2013
Mar 2012
Apr 2011
Mar 2010
Turnover
1,977,357
1,763,537
1,408,553
1,782,855
1,851,190
2,192,211
1,268,385
1,528,247
1,383,678
1,400,305
767,946
769,000
539,000
750,000
254,000
Other Income Or Grants
Cost Of Sales
486,234
443,055
351,074
443,747
477,653
585,055
318,426
-1,236,777
401,409
-5,185,954
988,603
-802,000
17,960,000
704,000
7,545,000
Gross Profit
1,491,123
1,320,482
1,057,479
1,339,108
1,373,537
1,607,156
949,959
2,765,024
982,269
6,586,259
-220,657
1,571,000
-17,421,000
46,000
-7,291,000
Admin Expenses
1,364,394
755,710
335,323
716,764
632,978
596,308
136,140
26,795
32,769
31,466
109,054
168,000
26,000
330,000
-113,510
Operating Profit
126,729
564,772
722,156
622,344
740,559
1,010,848
813,819
2,738,229
949,500
6,554,793
-329,711
1,403,000
-17,447,000
-284,000
-7,177,490
Interest Payable
533
243
10,631
48,100
121,919
155,989
197,107
110,609
332,000
1,030,000
1,041,000
785,000
Interest Receivable
176,228
161,656
24,532
2,383
1,486
7,344
3,412
Pre-Tax Profit
302,424
726,185
746,688
624,727
742,046
1,007,560
769,131
2,616,310
793,511
6,357,686
27,203,956
1,071,000
-18,477,000
-1,325,000
-8,269,000
Tax
-75,606
-137,975
-141,871
-118,698
-140,989
-191,436
-146,135
-62,146
-164,729
-7,331
-286,000
102,000
184,000
2,000
Profit After Tax
226,818
588,210
604,817
506,029
601,057
816,124
622,996
2,554,164
628,782
6,350,355
26,917,956
1,173,000
-18,293,000
-1,325,000
-8,267,000
Dividends Paid
Retained Profit
226,818
588,210
604,817
506,029
601,057
816,124
622,996
2,554,164
628,782
6,350,355
26,917,956
1,173,000
-18,293,000
-1,325,000
-8,267,000
Employee Costs
129,573
121,510
118,903
376,822
137,071
135,722
131,475
127,948
52,590
260,600
123,935
143,877
95,928
141,000
49,519
Number Of Employees
4
4
4
14
5
5
5
5
2
10
5
6
4
6
2
EBITDA*
126,729
564,772
722,156
622,344
740,559
1,010,848
813,819
2,738,229
949,500
6,558,939
-325,580
1,407,131
-17,443,000
-281,000
-7,177,490
* Earnings Before Interest, Tax, Depreciation and Amortisation
Mar 2024
Mar 2023
Mar 2022
Mar 2021
Mar 2020
Mar 2019
Mar 2018
Mar 2017
Mar 2016
Mar 2015
Mar 2014
Mar 2013
Mar 2012
Apr 2011
Mar 2010
Tangible Assets
4,146
8,277
12,000
16,000
19,000
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
4,146
8,277
12,000
16,000
19,000
Stock & work in progress
18,100,000
18,100,000
18,100,000
18,100,000
18,710,000
18,710,000
18,710,000
18,710,000
16,370,000
16,370,000
10,090,000
10,090,000
8,500,000
25,850,000
25,850,000
Trade Debtors
100,852
91,501
58,345
96,395
119,383
154,418
429
47,589
6,098
39,946
37,896
189,564
50,000
1,000
83,000
Group Debtors
1,000
Misc Debtors
486,619
587,789
277,217
398,802
314,531
398,967
499,525
510,391
594,224
579,005
42,086
286,000
207,000
61,000
390,000
Cash
2,703,250
4,010,179
3,597,154
2,944,663
1,821,613
1,151,308
807,063
557,659
976,307
446,940
186,459
148,019
137,000
99,000
47,000
misc current assets
total current assets
21,390,721
22,789,469
22,032,716
21,539,860
20,965,527
20,414,693
20,017,017
19,825,639
17,946,629
17,435,891
10,356,441
10,713,583
8,894,000
26,011,000
26,371,000
total assets
21,390,721
22,789,469
22,032,716
21,539,860
20,965,527
20,414,693
20,017,017
19,825,639
17,946,629
17,435,891
10,360,587
10,721,860
8,906,000
26,027,000
26,390,000
Bank overdraft
4,735
4,735
400,000
225,000
Bank loan
315,000
850,000
400,000
21,911,000
21,805,000
21,805,000
Trade Creditors
77,499
8,274
44,683
2,577
19,292
4,960
19,399
2,602
507,014
560,173
199,334
26,654
33,000
13,000
95,000
Group/Directors Accounts
6,210,012
8,036,006
7,920,847
7,839,631
7,804,853
7,696,234
7,862,704
7,681,383
4,575,000
other short term finances
4,575,000
4,275,000
1,034,000
2,739,000
1,594,000
hp & lease commitments
other current liabilities
1,365,617
1,234,414
1,149,356
1,384,639
1,334,398
1,507,572
1,430,111
1,209,847
1,241,058
1,201,857
912,747
21,751,476
657,000
906,000
1,007,000
total current liabilities
7,657,863
9,283,429
9,114,886
9,226,847
9,158,543
9,208,766
9,627,214
9,743,832
6,723,072
6,737,030
5,612,081
21,778,130
23,635,000
25,463,000
24,501,000
loans
315,000
4,010,914
4,115,000
4,515,000
15,628,180
13,128,000
10,128,000
10,128,000
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
total long term liabilities
315,000
4,010,914
4,115,000
4,515,000
15,628,180
13,128,000
10,128,000
10,128,000
total liabilities
7,657,863
9,283,429
9,114,886
9,226,847
9,158,543
9,208,766
9,627,214
10,058,832
10,733,986
10,852,030
10,127,081
37,406,310
36,763,000
35,591,000
34,629,000
net assets
13,732,858
13,506,040
12,917,830
12,313,013
11,806,984
11,205,927
10,389,803
9,766,807
7,212,643
6,583,861
233,506
-26,684,450
-27,857,000
-9,564,000
-8,239,000
total shareholders funds
13,732,858
13,506,040
12,917,830
12,313,013
11,806,984
11,205,927
10,389,803
9,766,807
7,212,643
6,583,861
233,506
-26,684,450
-27,857,000
-9,564,000
-8,239,000
Mar 2024
Mar 2023
Mar 2022
Mar 2021
Mar 2020
Mar 2019
Mar 2018
Mar 2017
Mar 2016
Mar 2015
Mar 2014
Mar 2013
Mar 2012
Apr 2011
Mar 2010
Operating Activities
Operating Profit
126,729
564,772
722,156
622,344
740,559
1,010,848
813,819
2,738,229
949,500
6,554,793
-329,711
1,403,000
-17,447,000
-284,000
-7,177,490
Depreciation
4,146
4,131
4,131
4,000
3,000
Amortisation
Tax
-75,606
-137,975
-141,871
-118,698
-140,989
-191,436
-146,135
-62,146
-164,729
-7,331
-286,000
102,000
184,000
2,000
Stock
-610,000
2,340,000
6,280,000
1,590,000
-17,350,000
25,850,000
Debtors
-91,819
343,728
-159,635
61,283
-119,471
53,431
-58,026
-42,342
-18,629
538,969
-395,582
218,564
195,000
-412,000
474,000
Creditors
69,225
-36,409
42,106
-16,715
14,332
-14,439
16,797
-504,412
-53,159
360,839
172,680
-6,346
20,000
-82,000
95,000
Accruals and Deferred Income
131,203
85,058
-235,283
50,241
-173,174
77,461
220,264
-31,211
39,201
289,110
-20,838,729
21,094,476
-249,000
-101,000
1,007,000
Deferred Taxes & Provisions
Cash flow from operations
343,370
131,718
546,743
1,085,889
560,199
829,003
962,771
-157,198
789,442
382,588
-20,882,047
20,788,697
-333,000
-52,000
-32,397,490
Investing Activities
capital expenditure
-408
-19,000
Change in Investments
cash flow from investments
-408
-19,000
Financing Activities
Bank loans
-315,000
-535,000
450,000
400,000
-21,911,000
106,000
21,805,000
Group/Directors Accounts
-1,825,994
115,159
81,216
34,778
108,619
-166,470
181,321
3,106,383
4,575,000
Other Short Term Loans
-4,575,000
300,000
4,275,000
-1,034,000
-1,705,000
1,145,000
1,594,000
Long term loans
-315,000
-3,695,914
-104,086
-400,000
-11,113,180
2,500,180
3,000,000
10,128,000
Hire Purchase and Lease Commitments
other long term liabilities
share issue
-450
28,000
interest
175,695
161,413
24,532
2,383
1,486
-3,287
-44,688
-121,919
-155,989
-197,107
-110,609
-332,000
-1,030,000
-1,041,000
-785,000
cash flow from financing
-1,650,299
276,572
105,748
37,161
110,105
-484,757
-713,367
-261,450
139,925
-297,107
-6,948,789
-20,777,270
371,000
104,000
32,770,000
cash and cash equivalents
cash
-1,306,929
413,025
652,491
1,123,050
670,305
344,245
249,404
-418,648
529,367
260,481
38,440
11,019
38,000
52,000
47,000
overdraft
4,735
-400,000
175,000
225,000
change in cash
-1,306,929
408,290
652,491
1,123,050
670,305
344,245
249,404
-418,648
929,367
85,481
-186,560
11,019
38,000
52,000
47,000
south shore developments limited Credit Report and Business Information
Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
Get a comprehensive credit check for south shore developments limited. Get real-time insights into south shore developments limited's credit score, group structure and payment trends.
South Shore Developments Limited Competitor Analysis
Perform a competitor analysis for south shore developments limited by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other small companies, companies in NE8 area or any other competitors across 12 key performance metrics.
south shore developments limited Ownership
SOUTH SHORE DEVELOPMENTS LIMITED group structure
South Shore Developments Limited has no subsidiary companies.
Ultimate parent company
SOUTH SHORE DEVELOPMENTS LIMITED
05108355
SOUTH SHORE DEVELOPMENTS LIMITED Shareholders
The largest shareholders in South Shore Developments Limited include William George Robertson and Hilda Robertson.
william george robertson
86.67%
hilda robertson
6.66%
elliott robertson
3.33%
sonia edgar
3.33%
south shore developments limited directors
South Shore Developments Limited currently has 4 directors.
The longest serving directors include
Mr William Robertson (Sep 2004) and
Mr Elliot Robertson (Jul 2016).
south shore 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 7 charges/mortgages relating to south shore developments limited. Currently there are 1 open charges and 6 have been satisfied in the past.
south shore 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 SOUTH SHORE DEVELOPMENTS LIMITED. This can take several minutes, an email will notify you when this has completed.
south shore developments limitedCompanies House Filings - See Documents
