whetstone developments limited
whetstone developments limited Company Information
Company Number
05670979
Next Accounts
Oct 2025
Shareholders
joanne louise whetstone
benjamin marcus lucius whetstone
Group Structure
View All
Industry
Buying and selling of own real estate
+2Registered Address
8 rosamond rd, bedford, MK40 3SR
whetstone developments limited Estimated Valuation
Pomanda estimates the enterprise value of WHETSTONE DEVELOPMENTS LIMITED at £133k based on a Turnover of £103.7k and 1.28x industry multiple (adjusted for size and gross margin).
whetstone developments limited Estimated Valuation
Pomanda estimates the enterprise value of WHETSTONE DEVELOPMENTS LIMITED at £0 based on an EBITDA of £-6.1k and a 4.02x industry multiple (adjusted for size and gross margin).
whetstone developments limited Estimated Valuation
Pomanda estimates the enterprise value of WHETSTONE DEVELOPMENTS LIMITED at £10.8k based on Net Assets of £6.4k and 1.7x industry multiple (adjusted for liquidity).
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Whetstone Developments Limited Overview
Whetstone Developments Limited is a live company located in bedford, MK40 3SR with a Companies House number of 05670979. It operates in the development of building projects sector, SIC Code 41100. Founded in January 2006, it's largest shareholder is joanne louise whetstone with a 50% stake. Whetstone Developments Limited is a established, micro sized company, Pomanda has estimated its turnover at £103.7k with declining growth in recent years.
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Whetstone Developments Limited Health Check
Pomanda's financial health check has awarded Whetstone Developments Limited a 1 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 8 areas for improvement. Company Health Check FAQs
1 Strong
1 Regular
8 Weak
Size
annual sales of £103.7k, make it smaller than the average company (£1.2m)
- Whetstone Developments Limited
£1.2m - Industry AVG
Growth
3 year (CAGR) sales growth of -3%, show it is growing at a slower rate (5.1%)
- Whetstone Developments Limited
5.1% - Industry AVG
Production
with a gross margin of 25.4%, this company has a higher cost of product (60.1%)
- Whetstone Developments Limited
60.1% - Industry AVG
Profitability
an operating margin of -5.9% make it less profitable than the average company (12.7%)
- Whetstone Developments Limited
12.7% - Industry AVG
Employees
with 2 employees, this is below the industry average (7)
2 - Whetstone Developments Limited
7 - Industry AVG
Pay Structure
on an average salary of £41.2k, the company has an equivalent pay structure (£41.2k)
- Whetstone Developments Limited
£41.2k - Industry AVG
Efficiency
resulting in sales per employee of £51.8k, this is less efficient (£183.3k)
- Whetstone Developments Limited
£183.3k - Industry AVG
Debtor Days
it gets paid by customers after 122 days, this is later than average (32 days)
- Whetstone Developments Limited
32 days - Industry AVG
Creditor Days
its suppliers are paid after 134 days, this is slower than average (32 days)
- Whetstone Developments Limited
32 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Whetstone Developments Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Whetstone Developments Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 81.7%, this is a higher level of debt than the average (63.2%)
81.7% - Whetstone Developments Limited
63.2% - Industry AVG
WHETSTONE DEVELOPMENTS LIMITED financials
Whetstone Developments Limited's latest turnover from January 2024 is estimated at £103.7 thousand and the company has net assets of £6.4 thousand. According to their latest financial statements, Whetstone Developments Limited has 2 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jan 2024 | Jan 2023 | Jan 2022 | Jan 2021 | Jan 2020 | Jan 2019 | Jan 2018 | Jan 2017 | Jan 2016 | Jan 2015 | Jan 2014 | Jan 2013 | Jan 2012 | Jan 2011 | Jan 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 | 2 | 2 | 1 | ||||||||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jan 2024 | Jan 2023 | Jan 2022 | Jan 2021 | Jan 2020 | Jan 2019 | Jan 2018 | Jan 2017 | Jan 2016 | Jan 2015 | Jan 2014 | Jan 2013 | Jan 2012 | Jan 2011 | Jan 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | |||||||||||||||
| Intangible Assets | |||||||||||||||
| Investments & Other | |||||||||||||||
| Debtors (Due After 1 year) | |||||||||||||||
| Total Fixed Assets | |||||||||||||||
| Stock & work in progress | 595 | 1,371 | 10,000 | ||||||||||||
| Trade Debtors | 34,775 | 73,710 | 78,615 | 55,730 | 78,993 | 103,581 | 71,830 | 41,358 | 3,317 | 713 | 748 | 1,099 | |||
| Group Debtors | |||||||||||||||
| Misc Debtors | 8,375 | 8,375 | 758 | ||||||||||||
| Cash | 54,518 | 70,063 | 77,565 | 12,343 | 19,536 | 20,578 | 5,334 | ||||||||
| misc current assets | |||||||||||||||
| total current assets | 34,775 | 73,710 | 78,615 | 64,105 | 87,368 | 103,581 | 71,830 | 41,358 | 58,430 | 72,147 | 78,313 | 23,442 | 20,294 | 20,578 | 5,334 |
| total assets | 34,775 | 73,710 | 78,615 | 64,105 | 87,368 | 103,581 | 71,830 | 41,358 | 58,430 | 72,147 | 78,313 | 23,442 | 20,294 | 20,578 | 5,334 |
| Bank overdraft | |||||||||||||||
| Bank loan | |||||||||||||||
| Trade Creditors | 28,409 | 61,218 | 58,008 | 57,693 | 54,933 | 83,867 | 53,300 | 26,821 | 33,107 | 22,606 | 30,723 | 15,170 | 10,943 | ||
| Group/Directors Accounts | |||||||||||||||
| other short term finances | |||||||||||||||
| hp & lease commitments | |||||||||||||||
| other current liabilities | 14,240 | 16,173 | |||||||||||||
| total current liabilities | 28,409 | 61,218 | 58,008 | 57,693 | 54,933 | 83,867 | 53,300 | 26,821 | 33,107 | 22,606 | 30,723 | 15,170 | 14,240 | 16,173 | 10,943 |
| loans | |||||||||||||||
| hp & lease commitments | |||||||||||||||
| Accruals and Deferred Income | |||||||||||||||
| other liabilities | |||||||||||||||
| provisions | |||||||||||||||
| total long term liabilities | |||||||||||||||
| total liabilities | 28,409 | 61,218 | 58,008 | 57,693 | 54,933 | 83,867 | 53,300 | 26,821 | 33,107 | 22,606 | 30,723 | 15,170 | 14,240 | 16,173 | 10,943 |
| net assets | 6,366 | 12,492 | 20,607 | 6,412 | 32,435 | 19,714 | 18,530 | 14,537 | 25,323 | 49,541 | 47,590 | 8,272 | 6,054 | 4,405 | -5,609 |
| total shareholders funds | 6,366 | 12,492 | 20,607 | 6,412 | 32,435 | 19,714 | 18,530 | 14,537 | 25,323 | 49,541 | 47,590 | 8,272 | 6,054 | 4,405 | -5,609 |
| Jan 2024 | Jan 2023 | Jan 2022 | Jan 2021 | Jan 2020 | Jan 2019 | Jan 2018 | Jan 2017 | Jan 2016 | Jan 2015 | Jan 2014 | Jan 2013 | Jan 2012 | Jan 2011 | Jan 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | |||||||||||||||
| Depreciation | |||||||||||||||
| Amortisation | |||||||||||||||
| Tax | |||||||||||||||
| Stock | -595 | -776 | 1,371 | -10,000 | 10,000 | ||||||||||
| Debtors | -38,935 | -4,905 | 14,510 | -23,263 | -16,213 | 31,751 | 30,472 | 38,041 | 2,604 | -35 | -351 | 341 | 758 | ||
| Creditors | -32,809 | 3,210 | 315 | 2,760 | -28,934 | 30,567 | 26,479 | -6,286 | 10,501 | -8,117 | 15,553 | 15,170 | -10,943 | 10,943 | |
| Accruals and Deferred Income | -14,240 | -1,933 | 16,173 | ||||||||||||
| Deferred Taxes & Provisions | |||||||||||||||
| Cash flow from operations | |||||||||||||||
| Investing Activities | |||||||||||||||
| capital expenditure | |||||||||||||||
| Change in Investments | |||||||||||||||
| cash flow from investments | |||||||||||||||
| Financing Activities | |||||||||||||||
| Bank loans | |||||||||||||||
| Group/Directors Accounts | |||||||||||||||
| Other Short Term Loans | |||||||||||||||
| Long term loans | |||||||||||||||
| Hire Purchase and Lease Commitments | |||||||||||||||
| other long term liabilities | |||||||||||||||
| share issue | |||||||||||||||
| interest | |||||||||||||||
| cash flow from financing | |||||||||||||||
| cash and cash equivalents | |||||||||||||||
| cash | -54,518 | -15,545 | -7,502 | 65,222 | -7,193 | -1,042 | 15,244 | 5,334 | |||||||
| overdraft | |||||||||||||||
| change in cash | -54,518 | -15,545 | -7,502 | 65,222 | -7,193 | -1,042 | 15,244 | 5,334 |
whetstone developments limited Credit Report and Business Information
Whetstone Developments Limited Competitor Analysis
Perform a competitor analysis for whetstone developments limited by selecting its closest rivals, whether from the CONSTRUCTION sector, other micro companies, companies in MK40 area or any other competitors across 12 key performance metrics.
whetstone developments limited Ownership
WHETSTONE DEVELOPMENTS LIMITED group structure
Whetstone Developments Limited has no subsidiary companies.
Ultimate parent company
WHETSTONE DEVELOPMENTS LIMITED
05670979
whetstone developments limited directors
Whetstone Developments Limited currently has 2 directors. The longest serving directors include Ms Joanne Whetstone (Jan 2006) and Mr Benjamin Whetstone (Jan 2006).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Ms Joanne Whetstone | 56 years | Jan 2006 | - | Director | |
| Mr Benjamin Whetstone | England | 54 years | Jan 2006 | - | Director |
P&L
January 2024turnover
103.7k
-42%
operating profit
-6.1k
0%
gross margin
25.5%
-4.53%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
January 2024net assets
6.4k
-0.49%
total assets
34.8k
-0.53%
cash
0
0%
net assets
Total assets minus all liabilities
whetstone developments limited company details
company number
05670979
Type
Private limited with Share Capital
industry
41100 - Development of building projects
68100 - Buying and selling of own real estate
68310 - Real estate agencies
incorporation date
January 2006
age
19
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
January 2024
previous names
N/A
accountant
-
auditor
-
address
8 rosamond rd, bedford, MK40 3SR
Bank
-
Legal Advisor
-
whetstone 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 did not find charges/mortgages relating to whetstone developments limited.
whetstone 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 WHETSTONE DEVELOPMENTS LIMITED. This can take several minutes, an email will notify you when this has completed.
whetstone developments limited Companies House Filings - See Documents
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