target property developments limited
target property developments limited Company Information
Company Number
05297624
Next Accounts
Aug 2025
Shareholders
michael gerrard tune
guy george basnett
View AllGroup Structure
View All
Industry
Other business support service activities n.e.c.
Registered Address
96a grindley lane, meir heath, stoke-on-trent, ST3 7LP
Website
-target property developments limited Estimated Valuation
Pomanda estimates the enterprise value of TARGET PROPERTY DEVELOPMENTS LIMITED at £178k based on a Turnover of £438.3k and 0.41x industry multiple (adjusted for size and gross margin).
target property developments limited Estimated Valuation
Pomanda estimates the enterprise value of TARGET PROPERTY DEVELOPMENTS LIMITED at £58.1k based on an EBITDA of £19.9k and a 2.92x industry multiple (adjusted for size and gross margin).
target property developments limited Estimated Valuation
Pomanda estimates the enterprise value of TARGET PROPERTY DEVELOPMENTS LIMITED at £309.4k based on Net Assets of £134.8k and 2.3x industry multiple (adjusted for liquidity).
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Target Property Developments Limited Overview
Target Property Developments Limited is a live company located in stoke-on-trent, ST3 7LP with a Companies House number of 05297624. It operates in the other business support service activities n.e.c. sector, SIC Code 82990. Founded in November 2004, it's largest shareholder is michael gerrard tune with a 25% stake. Target Property Developments Limited is a mature, micro sized company, Pomanda has estimated its turnover at £438.3k with low growth in recent years.
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Target Property Developments Limited Health Check
Pomanda's financial health check has awarded Target Property Developments Limited a 2.5 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
1 Regular
6 Weak
Size
annual sales of £438.3k, make it smaller than the average company (£3.9m)
- Target Property Developments Limited
£3.9m - Industry AVG
Growth
3 year (CAGR) sales growth of 1%, show it is growing at a slower rate (5.5%)
- Target Property Developments Limited
5.5% - Industry AVG
Production
with a gross margin of 17.2%, this company has a higher cost of product (37.8%)
- Target Property Developments Limited
37.8% - Industry AVG
Profitability
an operating margin of 4.5% make it less profitable than the average company (5.9%)
- Target Property Developments Limited
5.9% - Industry AVG
Employees
with 2 employees, this is below the industry average (23)
- Target Property Developments Limited
23 - Industry AVG
Pay Structure
on an average salary of £49k, the company has an equivalent pay structure (£49k)
- Target Property Developments Limited
£49k - Industry AVG
Efficiency
resulting in sales per employee of £219.1k, this is more efficient (£154.9k)
- Target Property Developments Limited
£154.9k - Industry AVG
Debtor Days
it gets paid by customers after 14 days, this is earlier than average (41 days)
- Target Property Developments Limited
41 days - Industry AVG
Creditor Days
its suppliers are paid after 305 days, this is slower than average (33 days)
- Target Property Developments Limited
33 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Target Property Developments Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Target Property Developments Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 69.3%, this is a higher level of debt than the average (61.5%)
69.3% - Target Property Developments Limited
61.5% - Industry AVG
TARGET PROPERTY DEVELOPMENTS LIMITED financials
Target Property Developments Limited's latest turnover from November 2023 is estimated at £438.3 thousand and the company has net assets of £134.8 thousand. According to their latest financial statements, we estimate that Target Property Developments Limited has 2 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Nov 2023 | Nov 2022 | Nov 2021 | Nov 2020 | Nov 2019 | Nov 2018 | Nov 2017 | Nov 2016 | Nov 2015 | Nov 2014 | Nov 2013 | Nov 2012 | Nov 2011 | Nov 2010 | Nov 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 | 4 | ||||||||||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Nov 2023 | Nov 2022 | Nov 2021 | Nov 2020 | Nov 2019 | Nov 2018 | Nov 2017 | Nov 2016 | Nov 2015 | Nov 2014 | Nov 2013 | Nov 2012 | Nov 2011 | Nov 2010 | Nov 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 421,825 | 421,825 | 416,952 | 416,952 | 407,052 | ||||||||||
| Intangible Assets | |||||||||||||||
| Investments & Other | 407,052 | 395,000 | 395,000 | 600,000 | 600,000 | 600,000 | 837,808 | 837,808 | 600,000 | 600,000 | |||||
| Debtors (Due After 1 year) | |||||||||||||||
| Total Fixed Assets | 421,825 | 421,825 | 416,952 | 416,952 | 407,052 | 407,052 | 395,000 | 395,000 | 600,000 | 600,000 | 600,000 | 837,808 | 837,808 | 600,000 | 600,000 |
| Stock & work in progress | |||||||||||||||
| Trade Debtors | 17,846 | 1,343 | 7,791 | 19,891 | 3,291 | ||||||||||
| Group Debtors | |||||||||||||||
| Misc Debtors | |||||||||||||||
| Cash | 3,118 | 3,047 | 10,249 | 19,415 | 37,423 | 32,022 | 73,610 | 86,079 | |||||||
| misc current assets | 50 | ||||||||||||||
| total current assets | 17,846 | 1,343 | 7,791 | 19,891 | 3,291 | 3,118 | 3,047 | 10,249 | 19,415 | 37,423 | 32,022 | 50 | 73,610 | 86,079 | |
| total assets | 439,671 | 423,168 | 424,743 | 436,843 | 410,343 | 410,170 | 398,047 | 405,249 | 619,415 | 637,423 | 632,022 | 837,858 | 837,808 | 673,610 | 686,079 |
| Bank overdraft | 31,781 | 31,781 | |||||||||||||
| Bank loan | |||||||||||||||
| Trade Creditors | 304,149 | 302,447 | 307,032 | 285,684 | 314,485 | 272,510 | 272,785 | 258,546 | 282,326 | 266,648 | 261,324 | 251,489 | |||
| Group/Directors Accounts | |||||||||||||||
| other short term finances | |||||||||||||||
| hp & lease commitments | |||||||||||||||
| other current liabilities | 301,072 | 276,772 | 274,186 | ||||||||||||
| total current liabilities | 304,149 | 302,447 | 307,032 | 285,684 | 314,485 | 332,853 | 308,553 | 274,186 | 272,510 | 272,785 | 258,546 | 282,326 | 266,648 | 261,324 | 251,489 |
| loans | 9,316 | 39,557 | 101,048 | 26,262 | 86,049 | 124,926 | 104,394 | 127,418 | |||||||
| hp & lease commitments | |||||||||||||||
| Accruals and Deferred Income | 720 | 838 | 1,008 | 1,175 | 3,535 | ||||||||||
| other liabilities | 6,124 | 46,469 | 129,774 | 157,808 | 158,905 | 254,235 | 254,235 | 127,124 | 127,124 | ||||||
| provisions | |||||||||||||||
| total long term liabilities | 720 | 838 | 7,132 | 47,644 | 3,535 | 9,316 | 39,557 | 101,048 | 129,774 | 157,808 | 185,167 | 340,284 | 379,161 | 231,518 | 254,542 |
| total liabilities | 304,869 | 303,285 | 314,164 | 333,328 | 318,020 | 342,169 | 348,110 | 375,234 | 402,284 | 430,593 | 443,713 | 622,610 | 645,809 | 492,842 | 506,031 |
| net assets | 134,802 | 119,883 | 110,579 | 103,515 | 92,323 | 68,001 | 49,937 | 30,015 | 217,131 | 206,830 | 188,309 | 215,248 | 191,999 | 180,768 | 180,048 |
| total shareholders funds | 134,802 | 119,883 | 110,579 | 103,515 | 92,323 | 68,001 | 49,937 | 30,015 | 217,131 | 206,830 | 188,309 | 215,248 | 191,999 | 180,768 | 180,048 |
| Nov 2023 | Nov 2022 | Nov 2021 | Nov 2020 | Nov 2019 | Nov 2018 | Nov 2017 | Nov 2016 | Nov 2015 | Nov 2014 | Nov 2013 | Nov 2012 | Nov 2011 | Nov 2010 | Nov 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | |||||||||||||||
| Depreciation | |||||||||||||||
| Amortisation | |||||||||||||||
| Tax | |||||||||||||||
| Stock | |||||||||||||||
| Debtors | 16,503 | -6,448 | -12,100 | 16,600 | 3,291 | ||||||||||
| Creditors | 1,702 | -4,585 | 21,348 | -28,801 | 314,485 | -272,510 | -275 | 14,239 | -23,780 | 15,678 | 5,324 | 9,835 | 251,489 | ||
| Accruals and Deferred Income | -118 | -170 | -167 | -2,360 | -297,537 | 24,300 | 2,586 | 274,186 | |||||||
| Deferred Taxes & Provisions | |||||||||||||||
| Cash flow from operations | |||||||||||||||
| Investing Activities | |||||||||||||||
| capital expenditure | |||||||||||||||
| Change in Investments | -407,052 | 12,052 | -205,000 | -237,808 | 237,808 | 600,000 | |||||||||
| cash flow from investments | |||||||||||||||
| Financing Activities | |||||||||||||||
| Bank loans | |||||||||||||||
| Group/Directors Accounts | |||||||||||||||
| Other Short Term Loans | |||||||||||||||
| Long term loans | -9,316 | -30,241 | -61,491 | 101,048 | -26,262 | -59,787 | -38,877 | 20,532 | -23,024 | 127,418 | |||||
| Hire Purchase and Lease Commitments | |||||||||||||||
| other long term liabilities | -6,124 | -40,345 | 46,469 | -129,774 | -28,034 | -1,097 | -95,330 | 127,111 | 127,124 | ||||||
| share issue | |||||||||||||||
| interest | |||||||||||||||
| cash flow from financing | |||||||||||||||
| cash and cash equivalents | |||||||||||||||
| cash | -3,118 | 71 | -7,202 | -9,166 | -18,008 | 5,401 | 32,022 | -73,610 | -12,469 | 86,079 | |||||
| overdraft | -31,781 | 31,781 | |||||||||||||
| change in cash | 28,663 | 71 | -38,983 | -9,166 | -18,008 | 5,401 | 32,022 | -73,610 | -12,469 | 86,079 |
target property developments limited Credit Report and Business Information
Target Property Developments Limited Competitor Analysis
Perform a competitor analysis for target property developments limited by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other micro companies, companies in ST3 area or any other competitors across 12 key performance metrics.
target property developments limited Ownership
TARGET PROPERTY DEVELOPMENTS LIMITED group structure
Target Property Developments Limited has no subsidiary companies.
Ultimate parent company
TARGET PROPERTY DEVELOPMENTS LIMITED
05297624
target property developments limited directors
Target Property Developments Limited currently has 4 directors. The longest serving directors include Mr Guy Basnett (Nov 2004) and Mr Michael Tune (Nov 2004).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Guy Basnett | United Kingdom | 56 years | Nov 2004 | - | Director |
| Mr Michael Tune | 63 years | Nov 2004 | - | Director | |
| Mr Alan Tune | 76 years | Nov 2004 | - | Director | |
| Mrs Nicola Basnett | 61 years | Nov 2004 | - | Director |
P&L
November 2023turnover
438.3k
+21%
operating profit
19.9k
0%
gross margin
17.2%
+0.57%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
November 2023net assets
134.8k
+0.12%
total assets
439.7k
+0.04%
cash
0
0%
net assets
Total assets minus all liabilities
target property developments limited company details
company number
05297624
Type
Private limited with Share Capital
industry
82990 - Other business support service activities n.e.c.
incorporation date
November 2004
age
21
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
November 2023
previous names
N/A
accountant
-
auditor
-
address
96a grindley lane, meir heath, stoke-on-trent, ST3 7LP
Bank
-
Legal Advisor
-
target property 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 target property developments limited. Currently there are 2 open charges and 0 have been satisfied in the past.
target property 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 TARGET PROPERTY DEVELOPMENTS LIMITED. This can take several minutes, an email will notify you when this has completed.
target property developments limited Companies House Filings - See Documents
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