simmo developments limited Company Information
Company Number
05734464
Website
-Registered Address
5 crescent east, thornton cleveleys, lancashire, FY5 3LJ
Industry
Development of building projects
Telephone
-
Next Accounts Due
November 2024
Group Structure
View All
Shareholders
michael john simmons 50%
matthew robert hughes 25%
View Allsimmo developments limited Estimated Valuation
The estimated valuation range for simmo developments limited, derived from financial data as of February 2023 and the most recent industry multiples, is between £0 to £557.2k
simmo developments limited Estimated Valuation
The estimated valuation range for simmo developments limited, derived from financial data as of February 2023 and the most recent industry multiples, is between £0 to £557.2k
simmo developments limited Estimated Valuation
The estimated valuation range for simmo developments limited, derived from financial data as of February 2023 and the most recent industry multiples, is between £0 to £557.2k
Get a detailed valuation report, edit figures and unlock valuation multiples.
Simmo Developments Limited AI Business Plan
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Simmo Developments Limited Overview
Simmo Developments Limited is a live company located in lancashire, FY5 3LJ with a Companies House number of 05734464. It operates in the development of building projects sector, SIC Code 41100. Founded in March 2006, it's largest shareholder is michael john simmons with a 50% stake. Simmo Developments Limited is a established, small sized company, Pomanda has estimated its turnover at £1.8m with declining growth in recent years.
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Simmo Developments Limited Health Check
Pomanda's financial health check has awarded Simmo Developments Limited a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 7 areas for improvement. Company Health Check FAQs
1 Strong
2 Regular
7 Weak
Size
annual sales of £1.8m, make it in line with the average company (£2m)
- Simmo Developments Limited
£2m - Industry AVG
Growth
3 year (CAGR) sales growth of -3%, show it is growing at a slower rate (1.8%)
- Simmo Developments Limited
1.8% - Industry AVG
Production
with a gross margin of 9.5%, this company has a higher cost of product (25.3%)
- Simmo Developments Limited
25.3% - Industry AVG
Profitability
an operating margin of -0.6% make it less profitable than the average company (8.4%)
- Simmo Developments Limited
8.4% - Industry AVG
Employees
with 3 employees, this is below the industry average (6)
- Simmo Developments Limited
6 - Industry AVG
Pay Structure
on an average salary of £46.2k, the company has an equivalent pay structure (£46.2k)
- Simmo Developments Limited
£46.2k - Industry AVG
Efficiency
resulting in sales per employee of £586.8k, this is more efficient (£265k)
- Simmo Developments Limited
£265k - Industry AVG
Debtor Days
it gets paid by customers after 141 days, this is later than average (30 days)
- Simmo Developments Limited
30 days - Industry AVG
Creditor Days
its suppliers are paid after 16 days, this is quicker than average (32 days)
- Simmo Developments Limited
32 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Simmo Developments Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Simmo Developments Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 127.6%, this is a higher level of debt than the average (74.6%)
127.6% - Simmo Developments Limited
74.6% - Industry AVG
simmo developments limited Credit Report and Business Information
Simmo Developments Limited Competitor Analysis
Perform a competitor analysis for simmo developments limited by selecting its closest rivals and benchmarking them against 12 key performance metrics.
simmo developments limited Ownership
SIMMO DEVELOPMENTS LIMITED group structure
Simmo Developments Limited has no subsidiary companies.
Ultimate parent company
SIMMO DEVELOPMENTS LIMITED
05734464
simmo developments limited directors
Simmo Developments Limited currently has 2 directors. The longest serving directors include Mr Michael Simmons (Mar 2006) and Mr Matthew Hughes (Mar 2007).
officer | country | age | start | end | role |
---|---|---|---|---|---|
Mr Michael Simmons | England | 61 years | Mar 2006 | - | Director |
Mr Matthew Hughes | England | 77 years | Mar 2007 | - | Director |
SIMMO DEVELOPMENTS LIMITED financials
Simmo Developments Limited's latest turnover from February 2023 is estimated at £1.8 million and the company has net assets of -£240.1 thousand. According to their latest financial statements, we estimate that Simmo Developments Limited has 3 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
Feb 2023 | Feb 2022 | Feb 2021 | Feb 2020 | Feb 2019 | Feb 2018 | Feb 2017 | Feb 2016 | Feb 2015 | Feb 2014 | Feb 2013 | Feb 2012 | Feb 2011 | Feb 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 | ||||||||||||||
EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
Feb 2023 | Feb 2022 | Feb 2021 | Feb 2020 | Feb 2019 | Feb 2018 | Feb 2017 | Feb 2016 | Feb 2015 | Feb 2014 | Feb 2013 | Feb 2012 | Feb 2011 | Feb 2010 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Tangible Assets | 188,677 | 188,677 | 188,677 | 188,677 | 188,677 | 188,677 | 188,677 | 188,677 | 188,677 | 188,677 | 188,677 | 188,677 | 188,677 | 0 |
Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 188,677 |
Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 2 | 2 | 2 |
Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Total Fixed Assets | 188,677 | 188,677 | 188,677 | 188,677 | 188,677 | 188,677 | 188,677 | 188,677 | 188,677 | 188,677 | 188,677 | 188,679 | 188,679 | 188,679 |
Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 641,232 | 641,232 | 641,232 | 639,429 | 639,429 | 639,429 | 634,906 |
Trade Debtors | 682,949 | 680,679 | 681,020 | 678,592 | 676,870 | 673,229 | 666,381 | 1,741 | 1,561 | 1,479 | 1,471 | 585 | 1,670 | 39,723 |
Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Misc Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 29 | 108 | 825 | 174 | 844 | 199 | 811 |
misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total current assets | 682,949 | 680,679 | 681,020 | 678,592 | 676,870 | 673,229 | 666,381 | 643,002 | 642,901 | 643,536 | 641,074 | 640,858 | 641,298 | 675,440 |
total assets | 871,626 | 869,356 | 869,697 | 867,269 | 865,547 | 861,906 | 855,058 | 831,679 | 831,578 | 832,213 | 829,751 | 829,537 | 829,977 | 864,119 |
Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Trade Creditors | 70,371 | 69,579 | 62,325 | 68,109 | 57,135 | 44,719 | 35,348 | 25,554 | 26,911 | 26,698 | 29,434 | 29,241 | 24,367 | 919,077 |
Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 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 |
hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other current liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total current liabilities | 70,371 | 69,579 | 62,325 | 68,109 | 57,135 | 44,719 | 35,348 | 25,554 | 26,911 | 26,698 | 29,434 | 29,241 | 24,367 | 919,077 |
loans | 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 |
Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other liabilities | 1,041,349 | 1,028,833 | 1,028,545 | 1,004,597 | 1,000,082 | 995,276 | 986,091 | 956,443 | 940,937 | 923,940 | 906,594 | 891,433 | 877,205 | 0 |
provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total long term liabilities | 1,041,349 | 1,028,833 | 1,028,545 | 1,004,597 | 1,000,082 | 995,276 | 986,091 | 956,443 | 940,937 | 923,940 | 906,594 | 891,433 | 877,205 | 0 |
total liabilities | 1,111,720 | 1,098,412 | 1,090,870 | 1,072,706 | 1,057,217 | 1,039,995 | 1,021,439 | 981,997 | 967,848 | 950,638 | 936,028 | 920,674 | 901,572 | 919,077 |
net assets | -240,094 | -229,056 | -221,173 | -205,437 | -191,670 | -178,089 | -166,381 | -150,318 | -136,270 | -118,425 | -106,277 | -91,137 | -71,595 | -54,958 |
total shareholders funds | -240,094 | -229,056 | -221,173 | -205,437 | -191,670 | -178,089 | -166,381 | -150,318 | -136,270 | -118,425 | -106,277 | -91,137 | -71,595 | -54,958 |
Feb 2023 | Feb 2022 | Feb 2021 | Feb 2020 | Feb 2019 | Feb 2018 | Feb 2017 | Feb 2016 | Feb 2015 | Feb 2014 | Feb 2013 | Feb 2012 | Feb 2011 | Feb 2010 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Operating Activities | ||||||||||||||
Operating Profit | ||||||||||||||
Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Tax | ||||||||||||||
Stock | 0 | 0 | 0 | 0 | 0 | 0 | -641,232 | 0 | 0 | 1,803 | 0 | 0 | 4,523 | 634,906 |
Debtors | 2,270 | -341 | 2,428 | 1,722 | 3,641 | 6,848 | 664,640 | 180 | 82 | 8 | 886 | -1,085 | -38,053 | 39,723 |
Creditors | 792 | 7,254 | -5,784 | 10,974 | 12,416 | 9,371 | 9,794 | -1,357 | 213 | -2,736 | 193 | 4,874 | -894,710 | 919,077 |
Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Cash flow from operations | ||||||||||||||
Investing Activities | ||||||||||||||
capital expenditure | ||||||||||||||
Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -2 | 0 | 0 | 2 |
cash flow from investments | ||||||||||||||
Financing Activities | ||||||||||||||
Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 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 |
Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other long term liabilities | 12,516 | 288 | 23,948 | 4,515 | 4,806 | 9,185 | 29,648 | 15,506 | 16,997 | 17,346 | 15,161 | 14,228 | 877,205 | 0 |
share issue | ||||||||||||||
interest | ||||||||||||||
cash flow from financing | ||||||||||||||
cash and cash equivalents | ||||||||||||||
cash | 0 | 0 | 0 | 0 | 0 | 0 | -29 | -79 | -717 | 651 | -670 | 645 | -612 | 811 |
overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
change in cash | 0 | 0 | 0 | 0 | 0 | 0 | -29 | -79 | -717 | 651 | -670 | 645 | -612 | 811 |
P&L
February 2023turnover
1.8m
0%
operating profit
-11k
0%
gross margin
9.6%
+13.43%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
February 2023net assets
-240.1k
+0.05%
total assets
871.6k
0%
cash
0
0%
net assets
Total assets minus all liabilities
simmo developments limited company details
company number
05734464
Type
Private limited with Share Capital
industry
41100 - Development of building projects
incorporation date
March 2006
age
18
accounts
Micro-Entity Accounts
ultimate parent company
previous names
N/A
incorporated
UK
address
5 crescent east, thornton cleveleys, lancashire, FY5 3LJ
last accounts submitted
February 2023
simmo 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 simmo developments limited. Currently there are 2 open charges and 0 have been satisfied in the past.
simmo developments limited Companies House Filings - See Documents
date | description | view/download |
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