hendon developments limited
hendon developments limited Company Information
Company Number
05892192
Next Accounts
Apr 2025
Shareholders
meena shah & dilip shah
anna patel & dhawhit patel
View AllGroup Structure
View All
Industry
Development of building projects
Registered Address
30 ferme park road, london, N4 4ED
Website
www.barratthomes.co.ukhendon developments limited Estimated Valuation
Pomanda estimates the enterprise value of HENDON DEVELOPMENTS LIMITED at £1.4m based on a Turnover of £3.9m and 0.37x industry multiple (adjusted for size and gross margin).
hendon developments limited Estimated Valuation
Pomanda estimates the enterprise value of HENDON DEVELOPMENTS LIMITED at £137.7k based on an EBITDA of £48.9k and a 2.82x industry multiple (adjusted for size and gross margin).
hendon developments limited Estimated Valuation
Pomanda estimates the enterprise value of HENDON DEVELOPMENTS LIMITED at £1.2m based on Net Assets of £802.4k and 1.49x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Hendon Developments Limited Overview
Hendon Developments Limited is a live company located in london, N4 4ED with a Companies House number of 05892192. It operates in the development of building projects sector, SIC Code 41100. Founded in July 2006, it's largest shareholder is meena shah & dilip shah with a 34% stake. Hendon Developments Limited is a established, small sized company, Pomanda has estimated its turnover at £3.9m with declining growth in recent years.
Upgrade for unlimited company reports & a free credit check
Hendon Developments Limited Health Check
Pomanda's financial health check has awarded Hendon Developments Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 6 areas for improvement. Company Health Check FAQs
3 Strong
1 Regular
6 Weak
Size
annual sales of £3.9m, make it larger than the average company (£2.2m)
- Hendon Developments Limited
£2.2m - Industry AVG
Growth
3 year (CAGR) sales growth of -3%, show it is growing at a slower rate (3.2%)
- Hendon Developments Limited
3.2% - Industry AVG
Production
with a gross margin of 9.6%, this company has a higher cost of product (26.5%)
- Hendon Developments Limited
26.5% - Industry AVG
Profitability
an operating margin of 1.3% make it less profitable than the average company (7.4%)
- Hendon Developments Limited
7.4% - Industry AVG
Employees
with 2 employees, this is below the industry average (6)
2 - Hendon Developments Limited
6 - Industry AVG
Pay Structure
on an average salary of £47.4k, the company has an equivalent pay structure (£47.4k)
- Hendon Developments Limited
£47.4k - Industry AVG
Efficiency
resulting in sales per employee of £1.9m, this is more efficient (£275.1k)
- Hendon Developments Limited
£275.1k - Industry AVG
Debtor Days
it gets paid by customers after 190 days, this is later than average (27 days)
- Hendon Developments Limited
27 days - Industry AVG
Creditor Days
its suppliers are paid after 1 days, this is quicker than average (31 days)
- Hendon Developments Limited
31 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Hendon Developments Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Hendon Developments Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 60.2%, this is a lower level of debt than the average (72.9%)
60.2% - Hendon Developments Limited
72.9% - Industry AVG
HENDON DEVELOPMENTS LIMITED financials
Hendon Developments Limited's latest turnover from July 2023 is estimated at £3.9 million and the company has net assets of £802.4 thousand. According to their latest financial statements, Hendon Developments Limited has 2 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jul 2023 | Jul 2022 | Jul 2021 | Jul 2020 | Jul 2019 | Jul 2018 | Jul 2017 | Jul 2016 | Jul 2015 | Jul 2014 | Jul 2013 | Jul 2012 | Jul 2011 | Jul 2010 | Jul 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 | 2 | 2 | 2 | 2 | 2 | 2 | |||||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jul 2023 | Jul 2022 | Jul 2021 | Jul 2020 | Jul 2019 | Jul 2018 | Jul 2017 | Jul 2016 | Jul 2015 | Jul 2014 | Jul 2013 | Jul 2012 | Jul 2011 | Jul 2010 | Jul 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | |||||||||||||||
| Intangible Assets | |||||||||||||||
| Investments & Other | |||||||||||||||
| Debtors (Due After 1 year) | |||||||||||||||
| Total Fixed Assets | |||||||||||||||
| Stock & work in progress | 1,981,565 | 1,981,565 | 1,981,565 | 1,981,565 | 1,981,569 | 1,981,565 | 1,981,565 | 2,037,240 | |||||||
| Trade Debtors | 2,015,402 | 2,056,747 | 1,996,230 | 2,004,683 | 1,997,361 | 1,984,858 | 1,984,994 | 8,000 | 8,000 | 8,000 | 8,000 | 8,000 | 8,000 | 8,000 | 11,067 |
| Group Debtors | |||||||||||||||
| Misc Debtors | |||||||||||||||
| Cash | 3,655 | 14,796 | 6,527 | 3,107 | 7,321 | 585 | 7,289 | 7,122 | |||||||
| misc current assets | |||||||||||||||
| total current assets | 2,015,402 | 2,056,747 | 1,996,230 | 2,004,683 | 1,997,361 | 1,984,858 | 1,984,994 | 1,993,220 | 2,004,361 | 1,996,092 | 1,992,672 | 1,996,890 | 1,990,150 | 1,996,854 | 2,055,429 |
| total assets | 2,015,402 | 2,056,747 | 1,996,230 | 2,004,683 | 1,997,361 | 1,984,858 | 1,984,994 | 1,993,220 | 2,004,361 | 1,996,092 | 1,992,672 | 1,996,890 | 1,990,150 | 1,996,854 | 2,055,429 |
| Bank overdraft | |||||||||||||||
| Bank loan | |||||||||||||||
| Trade Creditors | 13,042 | 18,457 | 24,295 | 97,844 | 157,558 | 202,110 | 274,022 | 345,905 | 421,355 | 482,561 | 543,840 | 611,275 | 672,068 | 735,028 | 864,191 |
| Group/Directors Accounts | |||||||||||||||
| other short term finances | |||||||||||||||
| hp & lease commitments | |||||||||||||||
| other current liabilities | |||||||||||||||
| total current liabilities | 13,042 | 18,457 | 24,295 | 97,844 | 157,558 | 202,110 | 274,022 | 345,905 | 421,355 | 482,561 | 543,840 | 611,275 | 672,068 | 735,028 | 864,191 |
| loans | 1,272,600 | 1,272,600 | 1,272,600 | 1,272,600 | 1,272,600 | 1,272,600 | 1,272,600 | ||||||||
| hp & lease commitments | |||||||||||||||
| Accruals and Deferred Income | |||||||||||||||
| other liabilities | 1,200,000 | 1,272,600 | 1,272,600 | 1,272,600 | 1,272,600 | 1,272,600 | 1,272,600 | 1,260,000 | |||||||
| provisions | |||||||||||||||
| total long term liabilities | 1,200,000 | 1,272,600 | 1,272,600 | 1,272,600 | 1,272,600 | 1,272,600 | 1,272,600 | 1,272,600 | 1,272,600 | 1,272,600 | 1,272,600 | 1,272,600 | 1,272,600 | 1,272,600 | 1,260,000 |
| total liabilities | 1,213,042 | 1,291,057 | 1,296,895 | 1,370,444 | 1,430,158 | 1,474,710 | 1,546,622 | 1,618,505 | 1,693,955 | 1,755,161 | 1,816,440 | 1,883,875 | 1,944,668 | 2,007,628 | 2,124,191 |
| net assets | 802,360 | 765,690 | 699,335 | 634,239 | 567,203 | 510,148 | 438,372 | 374,715 | 310,406 | 240,931 | 176,232 | 113,015 | 45,482 | -10,774 | -68,762 |
| total shareholders funds | 802,360 | 765,690 | 699,335 | 634,239 | 567,203 | 510,148 | 438,372 | 374,715 | 310,406 | 240,931 | 176,232 | 113,015 | 45,482 | -10,774 | -68,762 |
| Jul 2023 | Jul 2022 | Jul 2021 | Jul 2020 | Jul 2019 | Jul 2018 | Jul 2017 | Jul 2016 | Jul 2015 | Jul 2014 | Jul 2013 | Jul 2012 | Jul 2011 | Jul 2010 | Jul 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | |||||||||||||||
| Depreciation | |||||||||||||||
| Amortisation | |||||||||||||||
| Tax | |||||||||||||||
| Stock | -1,981,565 | -4 | 4 | -55,675 | 2,037,240 | ||||||||||
| Debtors | -41,345 | 60,517 | -8,453 | 7,322 | 12,503 | -136 | 1,976,994 | -3,067 | 11,067 | ||||||
| Creditors | -5,415 | -5,838 | -73,549 | -59,714 | -44,552 | -71,912 | -71,883 | -75,450 | -61,206 | -61,279 | -67,435 | -60,793 | -62,960 | -129,163 | 864,191 |
| Accruals and Deferred Income | |||||||||||||||
| 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 | -1,272,600 | 1,272,600 | |||||||||||||
| Hire Purchase and Lease Commitments | |||||||||||||||
| other long term liabilities | -72,600 | 1,272,600 | -1,260,000 | 1,260,000 | |||||||||||
| share issue | |||||||||||||||
| interest | |||||||||||||||
| cash flow from financing | |||||||||||||||
| cash and cash equivalents | |||||||||||||||
| cash | -3,655 | -11,141 | 8,269 | 3,420 | -4,214 | 6,736 | -6,704 | 167 | 7,122 | ||||||
| overdraft | |||||||||||||||
| change in cash | -3,655 | -11,141 | 8,269 | 3,420 | -4,214 | 6,736 | -6,704 | 167 | 7,122 |
hendon developments limited Credit Report and Business Information
Hendon Developments Limited Competitor Analysis
Perform a competitor analysis for hendon developments limited by selecting its closest rivals, whether from the CONSTRUCTION sector, other small companies, companies in N 4 area or any other competitors across 12 key performance metrics.
hendon developments limited Ownership
HENDON DEVELOPMENTS LIMITED group structure
Hendon Developments Limited has no subsidiary companies.
Ultimate parent company
HENDON DEVELOPMENTS LIMITED
05892192
hendon developments limited directors
Hendon Developments Limited currently has 2 directors. The longest serving directors include Dhawnitkumar Patel (Aug 2006) and Mr Bimal Patel (Oct 2010).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Dhawnitkumar Patel | 69 years | Aug 2006 | - | Director | |
| Mr Bimal Patel | 60 years | Oct 2010 | - | Director |
P&L
July 2023turnover
3.9m
+2%
operating profit
48.9k
0%
gross margin
9.6%
+1.51%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
July 2023net assets
802.4k
+0.05%
total assets
2m
-0.02%
cash
0
0%
net assets
Total assets minus all liabilities
Similar Companies
hendon developments limited company details
company number
05892192
Type
Private limited with Share Capital
industry
41100 - Development of building projects
incorporation date
July 2006
age
19
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
July 2023
previous names
N/A
accountant
-
auditor
-
address
30 ferme park road, london, N4 4ED
Bank
-
Legal Advisor
-
hendon 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 4 charges/mortgages relating to hendon developments limited. Currently there are 2 open charges and 2 have been satisfied in the past.
hendon 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 HENDON DEVELOPMENTS LIMITED. This can take several minutes, an email will notify you when this has completed.
hendon developments limited Companies House Filings - See Documents
| date | description | view/download |
|---|
