delta developments (medstead) limited
delta developments (medstead) limited Company Information
Company Number
05609754
Next Accounts
74 days late
Directors
Shareholders
mulberry homes group ltd
Group Structure
View All
Industry
Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.
Registered Address
c/o valentine & co galley house, moon lane, barnet, EN5 5YL
Website
www.deltadevelopments.co.ukdelta developments (medstead) limited Estimated Valuation
Pomanda estimates the enterprise value of DELTA DEVELOPMENTS (MEDSTEAD) LIMITED at £352.2k based on a Turnover of £105k and 3.36x industry multiple (adjusted for size and gross margin).
delta developments (medstead) limited Estimated Valuation
Pomanda estimates the enterprise value of DELTA DEVELOPMENTS (MEDSTEAD) LIMITED at £0 based on an EBITDA of £-6.2k and a 6.56x industry multiple (adjusted for size and gross margin).
delta developments (medstead) limited Estimated Valuation
Pomanda estimates the enterprise value of DELTA DEVELOPMENTS (MEDSTEAD) LIMITED at £1.8m based on Net Assets of £1.1m and 1.75x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Delta Developments (medstead) Limited Overview
Delta Developments (medstead) Limited is a live company located in barnet, EN5 5YL with a Companies House number of 05609754. It operates in the other letting and operating of own or leased real estate sector, SIC Code 68209. Founded in November 2005, it's largest shareholder is mulberry homes group ltd with a 100% stake. Delta Developments (medstead) Limited is a mature, micro sized company, Pomanda has estimated its turnover at £105k with declining growth in recent years.
Upgrade for unlimited company reports & a free credit check
Delta Developments (medstead) Limited Health Check
Pomanda's financial health check has awarded Delta Developments (Medstead) Limited a 2 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 6 areas for improvement. Company Health Check FAQs
2 Strong
2 Regular
6 Weak
Size
annual sales of £105k, make it smaller than the average company (£804.8k)
- Delta Developments (medstead) Limited
£804.8k - Industry AVG
Growth
3 year (CAGR) sales growth of -10%, show it is growing at a slower rate (1.9%)
- Delta Developments (medstead) Limited
1.9% - Industry AVG
Production
with a gross margin of 75%, this company has a comparable cost of product (75%)
- Delta Developments (medstead) Limited
75% - Industry AVG
Profitability
an operating margin of -5.9% make it less profitable than the average company (36.4%)
- Delta Developments (medstead) Limited
36.4% - Industry AVG
Employees
with 1 employees, this is below the industry average (4)
1 - Delta Developments (medstead) Limited
4 - Industry AVG
Pay Structure
on an average salary of £30.4k, the company has an equivalent pay structure (£30.4k)
- Delta Developments (medstead) Limited
£30.4k - Industry AVG
Efficiency
resulting in sales per employee of £105k, this is less efficient (£169.1k)
- Delta Developments (medstead) Limited
£169.1k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Delta Developments (medstead) Limited
- - Industry AVG
Creditor Days
its suppliers are paid after 125 days, this is slower than average (38 days)
- Delta Developments (medstead) Limited
38 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Delta Developments (medstead) Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (14 weeks)
0 weeks - Delta Developments (medstead) Limited
14 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 35.1%, this is a lower level of debt than the average (62.9%)
35.1% - Delta Developments (medstead) Limited
62.9% - Industry AVG
DELTA DEVELOPMENTS (MEDSTEAD) LIMITED financials
Delta Developments (Medstead) Limited's latest turnover from March 2023 is estimated at £105 thousand and the company has net assets of £1.1 million. According to their latest financial statements, Delta Developments (Medstead) Limited has 1 employee and maintains cash reserves of £79 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2023 | Mar 2022 | Mar 2021 | Sep 2020 | Sep 2019 | Sep 2018 | Sep 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 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | ||||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2023 | Mar 2022 | Mar 2021 | Sep 2020 | Sep 2019 | Sep 2018 | Sep 2017 | Nov 2016 | Nov 2015 | Nov 2014 | Nov 2013 | Nov 2012 | Nov 2011 | Nov 2010 | Nov 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 575 | 719 | 898 | 1,122 | 1,403 | 1,754 | 2,341 | 1,203,123 | 1,204,166 | 1,637,851 | 3,217,409 | 3,219,881 | 3,222,466 | ||
| Intangible Assets | |||||||||||||||
| Investments & Other | 517,097 | 517,097 | 517,097 | 517,097 | 517,097 | 517,097 | |||||||||
| Debtors (Due After 1 year) | |||||||||||||||
| Total Fixed Assets | 517,097 | 517,097 | 517,672 | 517,816 | 517,995 | 518,219 | 1,403 | 1,754 | 2,341 | 1,203,123 | 1,204,166 | 1,637,851 | 3,217,409 | 3,219,881 | 3,222,466 |
| Stock & work in progress | |||||||||||||||
| Trade Debtors | 89 | 2,705 | 25,505 | 88,724 | 68,439 | 89,570 | 58,849 | 18,126 | 54,377 | 9,862 | |||||
| Group Debtors | |||||||||||||||
| Misc Debtors | 1,110,705 | 1,122,923 | 1,319,568 | 1,326,566 | 180,302 | 187,167 | 186,034 | 202,735 | |||||||
| Cash | 79 | 1,259 | 1,671 | 1,098 | 1,223 | 1,649 | 2,855 | 2,919 | 196,203 | 17,639 | 7,428 | 10,997 | 8,285 | 49 | 10,410 |
| misc current assets | |||||||||||||||
| total current assets | 1,110,784 | 1,124,271 | 1,323,944 | 1,327,664 | 181,525 | 188,816 | 188,889 | 231,159 | 284,927 | 86,078 | 96,998 | 69,846 | 26,411 | 54,426 | 20,272 |
| total assets | 1,627,881 | 1,641,368 | 1,841,616 | 1,845,480 | 699,520 | 707,035 | 190,292 | 232,913 | 287,268 | 1,289,201 | 1,301,164 | 1,707,697 | 3,243,820 | 3,274,307 | 3,242,738 |
| Bank overdraft | 26 | ||||||||||||||
| Bank loan | |||||||||||||||
| Trade Creditors | 9,038 | 9,559 | 2,449 | 5,012 | 6,078 | 2,350 | 171,123 | 738,472 | 777,303 | 1,510,106 | 3,241,512 | 3,350,977 | 3,358,200 | ||
| Group/Directors Accounts | 4,000 | ||||||||||||||
| other short term finances | |||||||||||||||
| hp & lease commitments | |||||||||||||||
| other current liabilities | 214,792 | 221,554 | 399,488 | 412,319 | 73,837 | 216,241 | 14,901 | 14,500 | |||||||
| total current liabilities | 223,830 | 231,113 | 399,488 | 412,319 | 76,312 | 221,253 | 24,979 | 16,850 | 171,123 | 738,472 | 777,303 | 1,510,106 | 3,241,512 | 3,350,977 | 3,358,200 |
| loans | |||||||||||||||
| hp & lease commitments | |||||||||||||||
| Accruals and Deferred Income | |||||||||||||||
| other liabilities | 346,830 | 346,830 | 346,830 | 346,830 | 346,830 | 346,830 | 136,277 | 176,258 | 201,164 | ||||||
| provisions | |||||||||||||||
| total long term liabilities | 346,830 | 346,830 | 346,830 | 346,830 | 346,830 | 346,830 | 136,277 | 176,258 | 201,164 | ||||||
| total liabilities | 570,660 | 577,943 | 746,318 | 759,149 | 423,142 | 568,083 | 24,979 | 16,850 | 171,123 | 874,749 | 953,561 | 1,711,270 | 3,241,512 | 3,350,977 | 3,358,200 |
| net assets | 1,057,221 | 1,063,425 | 1,095,298 | 1,086,331 | 276,378 | 138,952 | 165,313 | 216,063 | 116,145 | 414,452 | 347,603 | -3,573 | 2,308 | -76,670 | -115,462 |
| total shareholders funds | 1,057,221 | 1,063,425 | 1,095,298 | 1,086,331 | 276,378 | 138,952 | 165,313 | 216,063 | 116,145 | 414,452 | 347,603 | -3,573 | 2,308 | -76,670 | -115,462 |
| Mar 2023 | Mar 2022 | Mar 2021 | Sep 2020 | Sep 2019 | Sep 2018 | Sep 2017 | Nov 2016 | Nov 2015 | Nov 2014 | Nov 2013 | Nov 2012 | Nov 2011 | Nov 2010 | Nov 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | |||||||||||||||
| Depreciation | 144 | 179 | 224 | 281 | 351 | 587 | 782 | 1,043 | 1,390 | 1,853 | 2,472 | 3,296 | 4,158 | ||
| Amortisation | |||||||||||||||
| Tax | |||||||||||||||
| Stock | |||||||||||||||
| Debtors | -12,307 | -199,261 | -4,293 | 1,146,264 | -6,865 | 1,133 | -42,206 | 139,516 | 20,285 | -21,131 | 30,721 | 40,723 | -36,251 | 44,515 | 9,862 |
| Creditors | -521 | 9,559 | -2,449 | -2,563 | -1,066 | 3,728 | -168,773 | -567,349 | -38,831 | -732,803 | -1,731,406 | -109,465 | -7,223 | 3,358,200 | |
| Accruals and Deferred Income | -6,762 | -177,934 | -12,831 | 338,482 | -142,404 | 201,340 | 401 | 14,500 | |||||||
| Deferred Taxes & Provisions | |||||||||||||||
| Cash flow from operations | |||||||||||||||
| Investing Activities | |||||||||||||||
| capital expenditure | |||||||||||||||
| Change in Investments | 517,097 | ||||||||||||||
| cash flow from investments | |||||||||||||||
| Financing Activities | |||||||||||||||
| Bank loans | |||||||||||||||
| Group/Directors Accounts | -4,000 | 4,000 | |||||||||||||
| Other Short Term Loans | |||||||||||||||
| Long term loans | |||||||||||||||
| Hire Purchase and Lease Commitments | |||||||||||||||
| other long term liabilities | 346,830 | -136,277 | -39,981 | -24,906 | 201,164 | ||||||||||
| share issue | |||||||||||||||
| interest | |||||||||||||||
| cash flow from financing | |||||||||||||||
| cash and cash equivalents | |||||||||||||||
| cash | -1,180 | -412 | 573 | -125 | -426 | -1,206 | -64 | -193,284 | 178,564 | 10,211 | -3,569 | 2,712 | 8,236 | -10,361 | 10,410 |
| overdraft | -26 | 26 | |||||||||||||
| change in cash | -1,180 | -412 | 573 | -99 | -452 | -1,206 | -64 | -193,284 | 178,564 | 10,211 | -3,569 | 2,712 | 8,236 | -10,361 | 10,410 |
delta developments (medstead) limited Credit Report and Business Information
Delta Developments (medstead) Limited Competitor Analysis
Perform a competitor analysis for delta developments (medstead) limited by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other micro companies, companies in EN5 area or any other competitors across 12 key performance metrics.
delta developments (medstead) limited Ownership
DELTA DEVELOPMENTS (MEDSTEAD) LIMITED group structure
Delta Developments (Medstead) Limited has no subsidiary companies.
Ultimate parent company
1 parent
DELTA DEVELOPMENTS (MEDSTEAD) LIMITED
05609754
delta developments (medstead) limited directors
Delta Developments (Medstead) Limited currently has 1 director, Mr Daniel Wethered serving since May 2022.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Daniel Wethered | England | 47 years | May 2022 | - | Director |
P&L
March 2023turnover
105k
+132%
operating profit
-6.2k
0%
gross margin
75.1%
+0.04%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2023net assets
1.1m
-0.01%
total assets
1.6m
-0.01%
cash
79
-0.94%
net assets
Total assets minus all liabilities
delta developments (medstead) limited company details
company number
05609754
Type
Private limited with Share Capital
industry
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
November 2005
age
20
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
March 2023
previous names
N/A
accountant
JONES & CO
auditor
-
address
c/o valentine & co galley house, moon lane, barnet, EN5 5YL
Bank
-
Legal Advisor
-
delta developments (medstead) 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 delta developments (medstead) limited. Currently there are 3 open charges and 4 have been satisfied in the past.
delta developments (medstead) 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 DELTA DEVELOPMENTS (MEDSTEAD) LIMITED. This can take several minutes, an email will notify you when this has completed.
delta developments (medstead) limited Companies House Filings - See Documents
| date | description | view/download |
|---|
