development and estate limited
development and estate limited Company Information
Company Number
05552255
Website
-Registered Address
the hill, sinfin lane, barrow on trent, DE73 7HH
Industry
Development of building projects
Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.
Telephone
-
Next Accounts Due
June 2025
Group Structure
View All
Shareholders
baljit singh atwal 38%
sukhjit atwal 38%
View Alldevelopment and estate limited Estimated Valuation
Pomanda estimates the enterprise value of DEVELOPMENT AND ESTATE LIMITED at £269.4k based on a Turnover of £230.1k and 1.17x industry multiple (adjusted for size and gross margin).
development and estate limited Estimated Valuation
Pomanda estimates the enterprise value of DEVELOPMENT AND ESTATE LIMITED at £524.3k based on an EBITDA of £149.6k and a 3.5x industry multiple (adjusted for size and gross margin).
development and estate limited Estimated Valuation
Pomanda estimates the enterprise value of DEVELOPMENT AND ESTATE LIMITED at £2.8m based on Net Assets of £1.9m and 1.46x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Development And Estate Limited Overview
Development And Estate Limited is a live company located in barrow on trent, DE73 7HH with a Companies House number of 05552255. It operates in the development of building projects sector, SIC Code 41100. Founded in September 2005, it's largest shareholder is baljit singh atwal with a 38% stake. Development And Estate Limited is a established, micro sized company, Pomanda has estimated its turnover at £230.1k with high growth in recent years.
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Development And Estate Limited Health Check
Pomanda's financial health check has awarded Development And Estate 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
6 Strong
2 Regular
3 Weak
Size
annual sales of £230.1k, make it smaller than the average company (£1.6m)
- Development And Estate Limited
£1.6m - Industry AVG
Growth
3 year (CAGR) sales growth of 29%, show it is growing at a faster rate (3%)
- Development And Estate Limited
3% - Industry AVG
Production
with a gross margin of 19%, this company has a higher cost of product (48.8%)
- Development And Estate Limited
48.8% - Industry AVG
Profitability
an operating margin of 65% make it more profitable than the average company (17.3%)
- Development And Estate Limited
17.3% - Industry AVG
Employees
with 4 employees, this is similar to the industry average (5)
4 - Development And Estate Limited
5 - Industry AVG
Pay Structure
on an average salary of £41.1k, the company has an equivalent pay structure (£41.1k)
- Development And Estate Limited
£41.1k - Industry AVG
Efficiency
resulting in sales per employee of £57.5k, this is less efficient (£247.8k)
- Development And Estate Limited
£247.8k - Industry AVG
Debtor Days
it gets paid by customers after 7 days, this is earlier than average (29 days)
- Development And Estate Limited
29 days - Industry AVG
Creditor Days
its suppliers are paid after 382 days, this is slower than average (32 days)
- Development And Estate Limited
32 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Development And Estate Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 24 weeks, this is more cash available to meet short term requirements (13 weeks)
24 weeks - Development And Estate Limited
13 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 9.2%, this is a lower level of debt than the average (70.9%)
9.2% - Development And Estate Limited
70.9% - Industry AVG
DEVELOPMENT AND ESTATE LIMITED financials
Development And Estate Limited's latest turnover from September 2023 is estimated at £230.1 thousand and the company has net assets of £1.9 million. According to their latest financial statements, Development And Estate Limited has 4 employees and maintains cash reserves of £92.8 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Sep 2023 | Sep 2022 | Sep 2021 | Sep 2020 | Sep 2019 | Sep 2018 | Sep 2017 | Sep 2016 | Sep 2015 | Sep 2014 | Sep 2013 | Sep 2012 | Sep 2011 | Sep 2010 | Sep 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 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | |||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Sep 2023 | Sep 2022 | Sep 2021 | Sep 2020 | Sep 2019 | Sep 2018 | Sep 2017 | Sep 2016 | Sep 2015 | Sep 2014 | Sep 2013 | Sep 2012 | Sep 2011 | Sep 2010 | Sep 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 901 | 1,054 | 1,240 | 1,451 | 1,701 | 1,995 | 2,340 | 2,753 | 3,239 | 3,020 | 3,553 | 4,180 | 4,918 | 5,786 | 6,780 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 2,020,000 | 2,020,000 | 2,020,000 | 2,020,000 | 2,020,000 | 2,020,000 | 2,020,000 | 2,020,000 | 2,020,000 | 2,020,000 | 2,020,000 | 2,020,000 | 2,100,000 | 2,230,000 | 2,230,000 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 2,020,901 | 2,021,054 | 2,021,240 | 2,021,451 | 2,021,701 | 2,021,995 | 2,022,340 | 2,022,753 | 2,023,239 | 2,023,020 | 2,023,553 | 2,024,180 | 2,104,918 | 2,235,786 | 2,236,780 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 4,418 | 17,064 | 7,450 | 13,029 | 10,780 | 7,090 | 780 | 6,663 | 9,436 | 1,622 | 15,776 | 11,157 | 18,673 | 19,797 | 15,659 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 1,923 | 1,750 | 1,587 | 1,490 | 1,411 | 1,398 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 92,799 | 68,928 | 93,712 | 82,982 | 44,422 | 48,295 | 38,311 | 56,385 | 56,734 | 0 | 0 | 0 | 0 | 0 | 0 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 97,217 | 85,992 | 103,085 | 97,761 | 56,789 | 56,875 | 40,502 | 64,446 | 66,170 | 1,622 | 15,776 | 11,157 | 18,673 | 19,797 | 15,659 |
| total assets | 2,118,118 | 2,107,046 | 2,124,325 | 2,119,212 | 2,078,490 | 2,078,870 | 2,062,842 | 2,087,199 | 2,089,409 | 2,024,642 | 2,039,329 | 2,035,337 | 2,123,591 | 2,255,583 | 2,252,439 |
| Bank overdraft | 0 | 0 | 118,951 | 120,553 | 118,714 | 0 | 100,168 | 97,745 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 115,418 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 195,382 | 260,119 | 5 | 5 | 0 | 0 | 1,594 | 1,532 | 181,676 | 184,171 | 177,299 | 185,282 | 200,458 | 184,549 | 211,371 |
| Group/Directors Accounts | 0 | 0 | 108,015 | 108,015 | 108,015 | 108,015 | 136,030 | 146,030 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 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 | 0 |
| other current liabilities | 0 | 0 | 62,077 | 57,423 | 60,295 | 53,041 | 79,897 | 86,623 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 195,382 | 260,119 | 289,048 | 285,996 | 287,024 | 276,474 | 317,689 | 331,930 | 181,676 | 184,171 | 177,299 | 185,282 | 200,458 | 184,549 | 211,371 |
| loans | 0 | 26,201 | 129,106 | 243,150 | 307,691 | 425,720 | 451,868 | 553,495 | 194,445 | 318,252 | 411,345 | 502,454 | 591,576 | 678,623 | 624,832 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 612,875 | 517,164 | 539,028 | 531,071 | 523,295 | 545,706 | 636,390 |
| provisions | 0 | 12,058 | 11,958 | 11,887 | 11,811 | 11,714 | 11,591 | 12,061 | 11,905 | 11,779 | 11,596 | 11,393 | 11,126 | 11,314 | 6,152 |
| total long term liabilities | 0 | 38,259 | 141,064 | 255,037 | 319,502 | 437,434 | 463,459 | 565,556 | 819,225 | 847,195 | 961,969 | 1,044,918 | 1,125,997 | 1,235,643 | 1,267,374 |
| total liabilities | 195,382 | 298,378 | 430,112 | 541,033 | 606,526 | 713,908 | 781,148 | 897,486 | 1,000,901 | 1,031,366 | 1,139,268 | 1,230,200 | 1,326,455 | 1,420,192 | 1,478,745 |
| net assets | 1,922,736 | 1,808,668 | 1,694,213 | 1,578,179 | 1,471,964 | 1,364,962 | 1,281,694 | 1,189,713 | 1,088,508 | 993,276 | 900,061 | 805,137 | 797,136 | 835,391 | 773,694 |
| total shareholders funds | 1,922,736 | 1,808,668 | 1,694,213 | 1,578,179 | 1,471,964 | 1,364,962 | 1,281,694 | 1,189,713 | 1,088,508 | 993,276 | 900,061 | 805,137 | 797,136 | 835,391 | 773,694 |
| Sep 2023 | Sep 2022 | Sep 2021 | Sep 2020 | Sep 2019 | Sep 2018 | Sep 2017 | Sep 2016 | Sep 2015 | Sep 2014 | Sep 2013 | Sep 2012 | Sep 2011 | Sep 2010 | Sep 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | |||||||||||||||
| Depreciation | 153 | 186 | 211 | 250 | 294 | 345 | 413 | 486 | 505 | 533 | 627 | 738 | 868 | 991 | 1,128 |
| Amortisation | 0 | 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 | 0 |
| Debtors | -12,646 | 7,691 | -5,406 | 2,412 | 3,787 | 6,389 | -5,870 | -1,375 | 7,814 | -14,154 | 4,619 | -7,516 | -1,124 | 4,138 | 15,659 |
| Creditors | -64,737 | 260,114 | 0 | 5 | 0 | -1,594 | 62 | -180,144 | -2,495 | 6,872 | -7,983 | -15,176 | 15,909 | -26,822 | 211,371 |
| Accruals and Deferred Income | 0 | -62,077 | 4,654 | -2,872 | 7,254 | -26,856 | -6,726 | 86,623 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | -12,058 | 100 | 71 | 76 | 97 | 123 | -470 | 156 | 126 | 183 | 203 | 267 | -188 | 5,162 | 6,152 |
| Cash flow from operations | |||||||||||||||
| Investing Activities | |||||||||||||||
| capital expenditure | |||||||||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -80,000 | -130,000 | 0 | 2,230,000 |
| cash flow from investments | |||||||||||||||
| Financing Activities | |||||||||||||||
| Bank loans | 0 | 0 | 0 | 0 | -115,418 | 115,418 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | -108,015 | 0 | 0 | 0 | -28,015 | -10,000 | 146,030 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | -26,201 | -102,905 | -114,044 | -64,541 | -118,029 | -26,148 | -101,627 | 359,050 | -123,807 | -93,093 | -91,109 | -89,122 | -87,047 | 53,791 | 624,832 |
| Hire Purchase and Lease Commitments | 0 | 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 | -612,875 | 95,711 | -21,864 | 7,957 | 7,776 | -22,411 | -90,684 | 636,390 |
| share issue | |||||||||||||||
| interest | |||||||||||||||
| cash flow from financing | |||||||||||||||
| cash and cash equivalents | |||||||||||||||
| cash | 23,871 | -24,784 | 10,730 | 38,560 | -3,873 | 9,984 | -18,074 | -349 | 56,734 | 0 | 0 | 0 | 0 | 0 | 0 |
| overdraft | 0 | -118,951 | -1,602 | 1,839 | 118,714 | -100,168 | 2,423 | 97,745 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 23,871 | 94,167 | 12,332 | 36,721 | -122,587 | 110,152 | -20,497 | -98,094 | 56,734 | 0 | 0 | 0 | 0 | 0 | 0 |
development and estate limited Credit Report and Business Information
Development And Estate Limited Competitor Analysis
Perform a competitor analysis for development and estate limited by selecting its closest rivals and benchmarking them against 12 key performance metrics.
development and estate limited Ownership
DEVELOPMENT AND ESTATE LIMITED group structure
Development And Estate Limited has no subsidiary companies.
Ultimate parent company
DEVELOPMENT AND ESTATE LIMITED
05552255
development and estate limited directors
Development And Estate Limited currently has 3 directors. The longest serving directors include Lukhbir Atwal (Sep 2005) and Baljit Atwal (Sep 2005).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Lukhbir Atwal | 72 years | Sep 2005 | - | Director | |
| Baljit Atwal | 40 years | Sep 2005 | - | Director | |
| Kulbir Atwal | 74 years | Sep 2005 | - | Director |
P&L
September 2023turnover
230.1k
-19%
operating profit
149.5k
0%
gross margin
19%
+3.47%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
September 2023net assets
1.9m
+0.06%
total assets
2.1m
+0.01%
cash
92.8k
+0.35%
net assets
Total assets minus all liabilities
Similar Companies
development and estate limited company details
company number
05552255
Type
Private limited with Share Capital
industry
41100 - Development of building projects
68209 - Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.
incorporation date
September 2005
age
19
accounts
Unaudited Abridged
ultimate parent company
previous names
N/A
incorporated
UK
address
the hill, sinfin lane, barrow on trent, DE73 7HH
last accounts submitted
September 2023
development and estate 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 development and estate limited. Currently there are 2 open charges and 0 have been satisfied in the past.
development and estate limited Companies House Filings - See Documents
| date | description | view/download |
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