springhead developments no.1 limited
springhead developments no.1 limited Company Information
Company Number
06006476
Website
-Registered Address
millshaw, leeds, west yorkshire, LS11 8EG
Industry
Development of building projects
Telephone
01132723444
Next Accounts Due
1768 days late
Group Structure
View All
Directors
Robert Marshall5 Years
Shareholders
drachs investments no.3 ltd 100%
springhead developments no.1 limited Estimated Valuation
Pomanda estimates the enterprise value of SPRINGHEAD DEVELOPMENTS NO.1 LIMITED at £0 based on a Turnover of £0 and 0.53x industry multiple (adjusted for size and gross margin).
springhead developments no.1 limited Estimated Valuation
Pomanda estimates the enterprise value of SPRINGHEAD DEVELOPMENTS NO.1 LIMITED at £210 based on an EBITDA of £52 and a 4.04x industry multiple (adjusted for size and gross margin).
springhead developments no.1 limited Estimated Valuation
Pomanda estimates the enterprise value of SPRINGHEAD DEVELOPMENTS NO.1 LIMITED at £3.6m based on Net Assets of £2.3m and 1.55x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Springhead Developments No.1 Limited Overview
Springhead Developments No.1 Limited is a live company located in west yorkshire, LS11 8EG with a Companies House number of 06006476. It operates in the development of building projects sector, SIC Code 41100. Founded in November 2006, it's largest shareholder is drachs investments no.3 ltd with a 100% stake. Springhead Developments No.1 Limited is a established, unknown sized company, Pomanda has estimated its turnover at £0 with declining growth in recent years.
Upgrade for unlimited company reports & a free credit check
Springhead Developments No.1 Limited Health Check
Pomanda's financial health check has awarded Springhead Developments No.1 Limited a 1 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 2 areas for improvement. Company Health Check FAQs
1 Strong
0 Regular
2 Weak
Size
There is insufficient data available for this Key Performance Indicator!
- - Springhead Developments No.1 Limited
- - Industry AVG
Growth
3 year (CAGR) sales growth of -100%, show it is growing at a slower rate (4.9%)
- - Springhead Developments No.1 Limited
- - Industry AVG
Production
There is insufficient data available for this Key Performance Indicator!
- - Springhead Developments No.1 Limited
- - Industry AVG
Profitability
There is insufficient data available for this Key Performance Indicator!
- - Springhead Developments No.1 Limited
- - Industry AVG
Employees
with 3 employees, this is below the industry average (6)
- - Springhead Developments No.1 Limited
- - Industry AVG
Pay Structure
There is insufficient data available for this Key Performance Indicator!
- - Springhead Developments No.1 Limited
- - Industry AVG
Efficiency
There is insufficient data available for this Key Performance Indicator!
- - Springhead Developments No.1 Limited
- - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- - Springhead Developments No.1 Limited
- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- - Springhead Developments No.1 Limited
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Springhead Developments No.1 Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Springhead Developments No.1 Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 0%, this is a lower level of debt than the average (72.3%)
- - Springhead Developments No.1 Limited
- - Industry AVG
SPRINGHEAD DEVELOPMENTS NO.1 LIMITED financials
Springhead Developments No.1 Limited's latest turnover from March 2018 is 0 and the company has net assets of £2.3 million. According to their latest financial statements, Springhead Developments No.1 Limited has 3 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|
| Turnover | 0 | 1,223,209 | 5,096,691 | 19 | 1,689,700 | 30,318 | 43,732 | 53,173 | 63,678 |
| Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cost Of Sales | 0 | 1,021,669 | 2,787,494 | -10,082 | 873,162 | 60,133 | 88,007 | 318,479 | 9,112 |
| Gross Profit | 0 | 201,540 | 2,309,197 | 10,101 | 816,538 | -29,815 | -44,275 | -265,306 | 54,566 |
| Admin Expenses | -52 | 0 | 40,135 | 28,623 | 38,142 | 14,460 | 142,220 | 92,577 | 399,004 |
| Operating Profit | 52 | 201,540 | 2,269,062 | -18,522 | 778,396 | -44,275 | -186,495 | -357,883 | -344,438 |
| Interest Payable | 0 | 0 | 46,020 | 97,161 | 113,348 | 134,748 | 107,309 | 88,284 | 84,478 |
| Interest Receivable | 135,882 | 124,771 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Pre-Tax Profit | 135,934 | 326,311 | 2,223,042 | -115,683 | 665,048 | -179,023 | -293,804 | -446,167 | -428,916 |
| Tax | 0 | -24,255 | -2,695 | -8,735 | 35,685 | 12,564 | 0 | -12,564 | 3,383 |
| Profit After Tax | 135,934 | 302,056 | 2,220,347 | -124,418 | 700,733 | -166,459 | -293,804 | -458,731 | -425,533 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Retained Profit | 135,934 | 302,056 | 2,220,347 | -124,418 | 700,733 | -166,459 | -293,804 | -458,731 | -425,533 |
| Employee Costs | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Number Of Employees | 3 | 3 | 3 | 3 | 3 | 3 | |||
| EBITDA* | 52 | 201,540 | 2,269,062 | -18,522 | 778,396 | -44,275 | -186,495 | -357,883 | -344,438 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Stock & work in progress | 0 | 0 | 607,352 | 2,180,913 | 797,811 | 1,426,696 | 1,423,211 | 1,400,000 | 1,625,000 |
| Trade Debtors | 0 | 0 | 245 | 1,666 | 3,903 | 7,426 | 18,167 | 28,566 | 11,245 |
| Group Debtors | 2,309,991 | 2,174,109 | 1,278,472 | 0 | 0 | 0 | 10,896 | 14,996 | 0 |
| Misc Debtors | 0 | 0 | 24,270 | 27,606 | 39,106 | 0 | 40 | 0 | 31 |
| Cash | 0 | 0 | 0 | 0 | 5,187 | 1,564 | 714 | 7,586 | 581 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 2,309,991 | 2,174,109 | 1,910,339 | 2,210,185 | 846,007 | 1,435,686 | 1,453,028 | 1,451,148 | 1,636,857 |
| total assets | 2,309,991 | 2,174,109 | 1,910,339 | 2,210,185 | 846,007 | 1,435,686 | 1,453,028 | 1,451,148 | 1,636,857 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 10 | 62 | 0 | 15 | 52 | 954 | 2,315 | 4,041 | 3,373 |
| Group/Directors Accounts | 0 | 0 | 0 | 3,499,580 | 2,035,115 | 3,436,310 | 3,161,191 | 2,900,250 | 2,540,462 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 0 | 0 | 38,348 | 162,946 | 138,778 | 27,093 | 139,170 | 102,701 | 202,698 |
| total current liabilities | 10 | 62 | 38,348 | 3,662,541 | 2,173,945 | 3,464,357 | 3,302,676 | 3,006,992 | 2,746,533 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 12,564 | 12,564 | 0 |
| total long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 12,564 | 12,564 | 0 |
| total liabilities | 10 | 62 | 38,348 | 3,662,541 | 2,173,945 | 3,464,357 | 3,315,240 | 3,019,556 | 2,746,533 |
| net assets | 2,309,981 | 2,174,047 | 1,871,991 | -1,452,356 | -1,327,938 | -2,028,671 | -1,862,212 | -1,568,408 | -1,109,676 |
| total shareholders funds | 2,309,981 | 2,174,047 | 1,871,991 | -1,452,356 | -1,327,938 | -2,028,671 | -1,862,212 | -1,568,408 | -1,109,676 |
| Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||
| Operating Profit | 52 | 201,540 | 2,269,062 | -18,522 | 778,396 | -44,275 | -186,495 | -357,883 | -344,438 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | 0 | -24,255 | -2,695 | -8,735 | 35,685 | 12,564 | 0 | -12,564 | 3,383 |
| Stock | 0 | -607,352 | -1,573,561 | 1,383,102 | -628,885 | 3,485 | 23,211 | -225,000 | 1,625,000 |
| Debtors | 135,882 | 871,122 | 1,273,715 | -13,737 | 35,583 | -21,677 | -14,459 | 32,286 | 11,276 |
| Creditors | -52 | 62 | -15 | -37 | -902 | -1,361 | -1,726 | 668 | 3,373 |
| Accruals and Deferred Income | 0 | -38,348 | -124,598 | 24,168 | 111,685 | -112,077 | 36,469 | -99,997 | 202,698 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | -12,564 | 0 | 12,564 | 0 |
| Cash flow from operations | -135,882 | -124,771 | 2,441,600 | -1,372,491 | 1,518,166 | -139,521 | -160,504 | -264,498 | -1,771,260 |
| Investing Activities | |||||||||
| capital expenditure | |||||||||
| Change in Investments | 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 |
| Group/Directors Accounts | 0 | 0 | -3,499,580 | 1,464,465 | -1,401,195 | 275,119 | 260,941 | 359,788 | 2,540,462 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||||||
| interest | 135,882 | 124,771 | -46,020 | -97,161 | -113,348 | -134,748 | -107,309 | -88,284 | -84,478 |
| cash flow from financing | 135,882 | 124,771 | -2,441,600 | 1,367,304 | -1,514,543 | 140,371 | 153,632 | 271,503 | 1,771,841 |
| cash and cash equivalents | |||||||||
| cash | 0 | 0 | 0 | -5,187 | 3,623 | 850 | -6,872 | 7,005 | 581 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 0 | 0 | 0 | -5,187 | 3,623 | 850 | -6,872 | 7,005 | 581 |
springhead developments no.1 limited Credit Report and Business Information
Springhead Developments No.1 Limited Competitor Analysis
Perform a competitor analysis for springhead developments no.1 limited by selecting its closest rivals, whether from the CONSTRUCTION sector, other established companies, companies in LS11 area or any other competitors across 12 key performance metrics.
springhead developments no.1 limited Ownership
SPRINGHEAD DEVELOPMENTS NO.1 LIMITED group structure
Springhead Developments No.1 Limited has no subsidiary companies.
Ultimate parent company
DRACHS INVESTMENTS NO 3 LTD
#0030908
1 parent
SPRINGHEAD DEVELOPMENTS NO.1 LIMITED
06006476
springhead developments no.1 limited directors
Springhead Developments No.1 Limited currently has 1 director, Mr Robert Marshall serving since Jul 2019.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Robert Marshall | England | 45 years | Jul 2019 | - | Director |
P&L
March 2018turnover
0
-100%
operating profit
52
-100%
gross margin
0%
0%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2018net assets
2.3m
+0.06%
total assets
2.3m
+0.06%
cash
0
0%
net assets
Total assets minus all liabilities
springhead developments no.1 limited company details
company number
06006476
Type
Private limited with Share Capital
industry
41100 - Development of building projects
incorporation date
November 2006
age
18
incorporated
UK
ultimate parent company
accounts
Small Company
last accounts submitted
March 2018
previous names
N/A
accountant
-
auditor
-
address
millshaw, leeds, west yorkshire, LS11 8EG
Bank
THE ROYAL BANK OF SCOTLAND PLC
Legal Advisor
-
springhead developments no.1 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 3 charges/mortgages relating to springhead developments no.1 limited. Currently there are 0 open charges and 3 have been satisfied in the past.
springhead developments no.1 limited Companies House Filings - See Documents
| date | description | view/download |
|---|
