sangha developments limited
sangha developments limited Company Information
Company Number
05807622
Next Accounts
Feb 2025
Shareholders
manjit kaur sangha
inderbir singh sangha
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.
+1Registered Address
9 gower street, leicester, LE1 3LJ
sangha developments limited Estimated Valuation
Pomanda estimates the enterprise value of SANGHA DEVELOPMENTS LIMITED at £5.2m based on a Turnover of £2.5m and 2.09x industry multiple (adjusted for size and gross margin).
sangha developments limited Estimated Valuation
Pomanda estimates the enterprise value of SANGHA DEVELOPMENTS LIMITED at £4m based on an EBITDA of £712.7k and a 5.54x industry multiple (adjusted for size and gross margin).
sangha developments limited Estimated Valuation
Pomanda estimates the enterprise value of SANGHA DEVELOPMENTS LIMITED at £5.9m based on Net Assets of £3.8m and 1.54x industry multiple (adjusted for liquidity).
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Sangha Developments Limited Overview
Sangha Developments Limited is a live company located in leicester, LE1 3LJ with a Companies House number of 05807622. It operates in the development of building projects sector, SIC Code 41100. Founded in May 2006, it's largest shareholder is manjit kaur sangha with a 51% stake. Sangha Developments Limited is a established, small sized company, Pomanda has estimated its turnover at £2.5m with declining growth in recent years.
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Sangha Developments Limited Health Check
Pomanda's financial health check has awarded Sangha Developments Limited a 4 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 5 areas for improvement. Company Health Check FAQs
3 Strong
3 Regular
5 Weak
Size
annual sales of £2.5m, make it larger than the average company (£1.4m)
- Sangha Developments Limited
£1.4m - Industry AVG
Growth
3 year (CAGR) sales growth of -10%, show it is growing at a slower rate (2.6%)
- Sangha Developments Limited
2.6% - Industry AVG
Production
with a gross margin of 49.5%, this company has a comparable cost of product (49.5%)
- Sangha Developments Limited
49.5% - Industry AVG
Profitability
an operating margin of 28.2% make it more profitable than the average company (17.2%)
- Sangha Developments Limited
17.2% - Industry AVG
Employees
with 1 employees, this is below the industry average (5)
1 - Sangha Developments Limited
5 - Industry AVG
Pay Structure
on an average salary of £39.1k, the company has an equivalent pay structure (£39.1k)
- Sangha Developments Limited
£39.1k - Industry AVG
Efficiency
resulting in sales per employee of £2.5m, this is more efficient (£227.8k)
- Sangha Developments Limited
£227.8k - Industry AVG
Debtor Days
it gets paid by customers after 81 days, this is later than average (31 days)
- Sangha Developments Limited
31 days - Industry AVG
Creditor Days
its suppliers are paid after 5 days, this is quicker than average (33 days)
- Sangha Developments Limited
33 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Sangha Developments Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 9 weeks, this is less cash available to meet short term requirements (13 weeks)
9 weeks - Sangha Developments Limited
13 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 67.4%, this is a similar level of debt than the average (69.7%)
67.4% - Sangha Developments Limited
69.7% - Industry AVG
SANGHA DEVELOPMENTS LIMITED financials
Sangha Developments Limited's latest turnover from May 2023 is estimated at £2.5 million and the company has net assets of £3.8 million. According to their latest financial statements, Sangha Developments Limited has 1 employee and maintains cash reserves of £80.6 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| May 2023 | May 2022 | May 2021 | May 2020 | May 2019 | May 2018 | May 2017 | May 2016 | May 2015 | May 2014 | May 2013 | May 2012 | May 2011 | May 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 | 1 | 1 | 3 | 4 | 3 | 2 | 2 | 3 | ||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| May 2023 | May 2022 | May 2021 | May 2020 | May 2019 | May 2018 | May 2017 | May 2016 | May 2015 | May 2014 | May 2013 | May 2012 | May 2011 | May 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 10,294,727 | 9,880,692 | 9,879,384 | 6,958,628 | 4,556,296 | 4,536,051 | 4,539,726 | 4,544,261 | 4,502,934 | 4,497,757 | 4,501,590 | 3,711,269 | 4,890,486 | 4,823,561 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 10,294,727 | 9,880,692 | 9,879,384 | 6,958,628 | 4,556,296 | 4,536,051 | 4,539,726 | 4,544,261 | 4,502,934 | 4,497,757 | 4,501,590 | 3,711,269 | 4,890,486 | 4,823,561 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 2,220,380 | 1,348,184 | 457,830 | 210,642 | 2,941,143 | 1,618,446 | 0 | 0 | 0 | 0 |
| Trade Debtors | 555,041 | 562,059 | 768,820 | 666,489 | 278,682 | 388,522 | 12,363 | 986,604 | 131,614 | 162,495 | 125,733 | 128,021 | 91,151 | 76,243 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 843,620 | 965,946 | 954,018 | 971,810 | 968,966 | 1,050,436 | 1,010,204 | 0 | 396,700 | 385,966 | 383,044 | 321,972 | 275,401 | 200,842 |
| Cash | 80,618 | 31,702 | 45,845 | 81,413 | 84,168 | 147,888 | 45,903 | 62,192 | 21,060 | 177,719 | 306,275 | 105,382 | 496,552 | 310,524 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 528,085 | 405,103 | 0 | 0 |
| total current assets | 1,479,279 | 1,559,707 | 1,768,683 | 1,719,712 | 3,552,196 | 2,935,030 | 1,526,300 | 1,259,438 | 3,490,517 | 2,344,626 | 1,343,137 | 960,478 | 863,104 | 587,609 |
| total assets | 11,774,006 | 11,440,399 | 11,648,067 | 8,678,340 | 8,108,492 | 7,471,081 | 6,066,026 | 5,803,699 | 7,993,451 | 6,842,383 | 5,844,727 | 4,671,747 | 5,753,590 | 5,411,170 |
| Bank overdraft | 274,031 | 222,664 | 258,608 | 40,392 | 38,238 | 36,324 | 26,420 | 226,469 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 20,220 | 71,683 | 9,274 | 100,341 | 182,134 | 188,927 | 305,572 | 656,892 | 484,160 | 125,904 | 188,967 | 340,054 | 330,543 | 171,495 |
| 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 | 136,938 | 58,403 | 67,987 | 45,067 | 201,380 | 46,219 | 35,792 | 125,391 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 431,189 | 352,750 | 335,869 | 185,800 | 421,752 | 271,470 | 367,784 | 1,008,752 | 484,160 | 125,904 | 188,967 | 340,054 | 330,543 | 171,495 |
| loans | 6,812,177 | 6,533,248 | 6,718,464 | 6,847,243 | 5,999,287 | 5,474,291 | 3,890,904 | 2,955,716 | 5,731,118 | 4,994,011 | 3,757,942 | 3,182,411 | 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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 238,486 | 203,515 | 396,128 | 423,057 | 3,548,560 | 3,371,175 |
| provisions | 692,009 | 693,879 | 693,508 | 138,427 | 139,167 | 135,153 | 149,985 | 180,719 | 6,088 | 4,730 | 5,186 | 6,752 | 7,284 | 0 |
| total long term liabilities | 7,504,186 | 7,227,127 | 7,411,972 | 6,985,670 | 6,138,454 | 5,609,444 | 4,040,889 | 3,136,435 | 5,975,692 | 5,202,256 | 4,159,256 | 3,612,220 | 3,555,844 | 3,371,175 |
| total liabilities | 7,935,375 | 7,579,877 | 7,747,841 | 7,171,470 | 6,560,206 | 5,880,914 | 4,408,673 | 4,145,187 | 6,459,852 | 5,328,160 | 4,348,223 | 3,952,274 | 3,886,387 | 3,542,670 |
| net assets | 3,838,631 | 3,860,522 | 3,900,226 | 1,506,870 | 1,548,286 | 1,590,167 | 1,657,353 | 1,658,512 | 1,533,599 | 1,514,223 | 1,496,504 | 719,473 | 1,867,203 | 1,868,500 |
| total shareholders funds | 3,838,631 | 3,860,522 | 3,900,226 | 1,506,870 | 1,548,286 | 1,590,167 | 1,657,353 | 1,658,512 | 1,533,599 | 1,514,223 | 1,496,504 | 719,473 | 1,867,203 | 1,868,500 |
| May 2023 | May 2022 | May 2021 | May 2020 | May 2019 | May 2018 | May 2017 | May 2016 | May 2015 | May 2014 | May 2013 | May 2012 | May 2011 | May 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||||
| Operating Profit | ||||||||||||||
| Depreciation | 10,423 | 13,898 | 13,462 | 14,201 | 15,765 | 9,017 | 10,242 | 11,754 | 14,645 | 12,919 | 14,197 | 17,423 | 18,996 | 17,854 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | ||||||||||||||
| Stock | 0 | 0 | 0 | -2,220,380 | 872,196 | 890,354 | 247,188 | -2,730,501 | 1,322,697 | 1,618,446 | 0 | 0 | 0 | 0 |
| Debtors | -129,344 | -194,833 | 84,539 | 390,651 | -191,310 | 416,391 | 35,963 | 458,290 | -20,147 | 39,684 | 58,784 | 83,441 | 89,467 | 277,085 |
| Creditors | -51,463 | 62,409 | -91,067 | -81,793 | -6,793 | -116,645 | -351,320 | 172,732 | 358,256 | -63,063 | -151,087 | 9,511 | 159,048 | 171,495 |
| Accruals and Deferred Income | 78,535 | -9,584 | 22,920 | -156,313 | 155,161 | 10,427 | -89,599 | 125,391 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | -1,870 | 371 | 555,081 | -740 | 4,014 | -14,832 | -30,734 | 174,631 | 1,358 | -456 | -1,566 | -532 | 7,284 | 0 |
| Cash flow from operations | ||||||||||||||
| Investing Activities | ||||||||||||||
| capital expenditure | ||||||||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 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 | 278,929 | -185,216 | -128,779 | 847,956 | 524,996 | 1,583,387 | 935,188 | -2,775,402 | 737,107 | 1,236,069 | 575,531 | 3,182,411 | 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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -238,486 | 34,971 | -192,613 | -26,929 | -3,125,503 | 177,385 | 3,371,175 |
| share issue | ||||||||||||||
| interest | ||||||||||||||
| cash flow from financing | ||||||||||||||
| cash and cash equivalents | ||||||||||||||
| cash | 48,916 | -14,143 | -35,568 | -2,755 | -63,720 | 101,985 | -16,289 | 41,132 | -156,659 | -128,556 | 200,893 | -391,170 | 186,028 | 310,524 |
| overdraft | 51,367 | -35,944 | 218,216 | 2,154 | 1,914 | 9,904 | -200,049 | 226,469 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -2,451 | 21,801 | -253,784 | -4,909 | -65,634 | 92,081 | 183,760 | -185,337 | -156,659 | -128,556 | 200,893 | -391,170 | 186,028 | 310,524 |
sangha developments limited Credit Report and Business Information
Sangha Developments Limited Competitor Analysis
Perform a competitor analysis for sangha developments limited by selecting its closest rivals, whether from the CONSTRUCTION sector, other small companies, companies in LE1 area or any other competitors across 12 key performance metrics.
sangha developments limited Ownership
SANGHA DEVELOPMENTS LIMITED group structure
Sangha Developments Limited has no subsidiary companies.
Ultimate parent company
SANGHA DEVELOPMENTS LIMITED
05807622
sangha developments limited directors
Sangha Developments Limited currently has 2 directors. The longest serving directors include Manjit Sangha (May 2006) and Mr Inderbir Sangha (Aug 2010).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Manjit Sangha | England | 72 years | May 2006 | - | Director |
| Mr Inderbir Sangha | United Kingdom | 68 years | Aug 2010 | - | Director |
P&L
May 2023turnover
2.5m
+2%
operating profit
702.3k
0%
gross margin
49.6%
+1.49%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
May 2023net assets
3.8m
-0.01%
total assets
11.8m
+0.03%
cash
80.6k
+1.54%
net assets
Total assets minus all liabilities
sangha developments limited company details
company number
05807622
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.
41100 - Development of building projects
incorporation date
May 2006
age
19
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
May 2023
previous names
N/A
accountant
-
auditor
-
address
9 gower street, leicester, LE1 3LJ
Bank
-
Legal Advisor
-
sangha 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 31 charges/mortgages relating to sangha developments limited. Currently there are 20 open charges and 11 have been satisfied in the past.
sangha 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.
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sangha developments limited Companies House Filings - See Documents
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