karm developments limited

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karm developments limited Company Information

Share KARM DEVELOPMENTS LIMITED

Company Number

06078418

Shareholders

woodford heating holdings limited

Group Structure

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Industry

Buying and selling of own real estate

 

Registered Address

8 longaford way, brentwood, essex, CM13 2LT

karm developments limited Estimated Valuation

£261.8k

Pomanda estimates the enterprise value of KARM DEVELOPMENTS LIMITED at £261.8k based on a Turnover of £135.2k and 1.94x industry multiple (adjusted for size and gross margin).

karm developments limited Estimated Valuation

£0

Pomanda estimates the enterprise value of KARM DEVELOPMENTS LIMITED at £0 based on an EBITDA of £-2 and a 4.16x industry multiple (adjusted for size and gross margin).

karm developments limited Estimated Valuation

£266

Pomanda estimates the enterprise value of KARM DEVELOPMENTS LIMITED at £266 based on Net Assets of £176 and 1.51x industry multiple (adjusted for liquidity).

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Karm Developments Limited Overview

Karm Developments Limited is a live company located in essex, CM13 2LT with a Companies House number of 06078418. It operates in the buying and selling of own real estate sector, SIC Code 68100. Founded in February 2007, it's largest shareholder is woodford heating holdings limited with a 100% stake. Karm Developments Limited is a established, micro sized company, Pomanda has estimated its turnover at £135.2k with low growth in recent years.

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Karm Developments Limited Health Check

Pomanda's financial health check has awarded Karm Developments Limited a 0.5 rating. We use a traffic light system to show it exceeds the industry average on 0 measures and has 6 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating0.5out of 5
positive_score

0 Strong

positive_score

1 Regular

positive_score

6 Weak

size

Size

annual sales of £135.2k, make it smaller than the average company (£799.1k)

£135.2k - Karm Developments Limited

£799.1k - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 0%, show it is growing at a slower rate (3%)

0% - Karm Developments Limited

3% - Industry AVG

production

Production

with a gross margin of 26.4%, this company has a higher cost of product (69.3%)

26.4% - Karm Developments Limited

69.3% - Industry AVG

profitability

Profitability

an operating margin of 0% make it less profitable than the average company (25%)

0% - Karm Developments Limited

25% - Industry AVG

employees

Employees

with 2 employees, this is below the industry average (4)

2 - Karm Developments Limited

4 - Industry AVG

paystructure

Pay Structure

on an average salary of £36.9k, the company has an equivalent pay structure (£36.9k)

£36.9k - Karm Developments Limited

£36.9k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £67.6k, this is less efficient (£187.2k)

£67.6k - Karm Developments Limited

£187.2k - Industry AVG

debtordays

Debtor Days

There is insufficient data available for this Key Performance Indicator!

- - Karm Developments Limited

- - Industry AVG

creditordays

Creditor Days

There is insufficient data available for this Key Performance Indicator!

- - Karm Developments Limited

- - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Karm Developments Limited

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - Karm Developments Limited

- - Industry AVG

debtlevel

Debt Level

There is insufficient data available for this Key Performance Indicator!

- - Karm Developments Limited

- - Industry AVG

KARM DEVELOPMENTS LIMITED financials

EXPORTms excel logo

Karm Developments Limited's latest turnover from January 2024 is estimated at £135.2 thousand and the company has net assets of £176. According to their latest financial statements, Karm Developments Limited has 2 employees and maintains cash reserves of £49 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Jan 2024Jan 2023Jan 2022Jan 2021Jan 2020Jan 2019Jan 2018Jan 2017Jan 2016Jan 2015Jan 2014Jan 2013Jan 2012Jan 2011Jan 2010
Turnover135,187260,284143,237133,402155,790138,94579,995103,772426,123607,394420,825391,124178,011442,779201,052
Other Income Or Grants
Cost Of Sales99,475189,730107,694101,770122,243102,68660,00778,928316,995463,898334,911304,314141,559360,345166,763
Gross Profit35,71270,55435,54231,63233,54636,25919,98924,844109,128143,49685,91486,81036,45282,43434,290
Admin Expenses35,715146,18937,326-6,9142,401-4,64538,87427,107105,884125,63682,63769,611-32,19886,343107,074
Operating Profit-3-75,635-1,78438,54631,14540,904-18,885-2,2633,24417,8603,27717,19968,650-3,909-72,784
Interest Payable
Interest Receivable31,3352044439163105943663130936312562
Pre-Tax Profit-74,300-1,58038,59031,18441,068-18,780-2,2543,28817,9253,30817,50869,014-3,784-72,722
Tax-7,332-5,925-7,803-657-3,764-761-4,202-17,944
Profit After Tax-74,300-1,58031,25825,25933,265-18,780-2,2542,63014,1612,54713,30651,070-3,784-72,722
Dividends Paid
Retained Profit-74,300-1,58031,25825,25933,265-18,780-2,2542,63014,1612,54713,30651,070-3,784-72,722
Employee Costs73,701144,64072,26069,75580,78977,69069,67972,53737,83135,03935,62732,71033,24234,22433,423
Number Of Employees242222221111111
EBITDA*-3-75,635-1,78438,54631,14540,904-18,885-2,2633,24417,8603,27717,19968,650-3,909-72,784

* Earnings Before Interest, Tax, Depreciation and Amortisation

Jan 2024Jan 2023Jan 2022Jan 2021Jan 2020Jan 2019Jan 2018Jan 2017Jan 2016Jan 2015Jan 2014Jan 2013Jan 2012Jan 2011Jan 2010
Tangible Assets
Intangible Assets
Investments & Other100100100100100
Debtors (Due After 1 year)
Total Fixed Assets100100100100100
Stock & work in progress337,654913,528924,749913,528575,874761,472575,874919,046572,280
Trade Debtors2007,479
Group Debtors127127371677,016643,133246,2006,615
Misc Debtors1,6004,4054,405
Cash494976,25486,6631,9738,54235,0366,82017,3498,9203,326120,12725,21024,881
misc current assets
total current assets17617676,62586,663680,589656,080623,295926,963924,749930,877584,794764,798696,201944,256604,640
total assets17617676,62586,763680,689656,180623,395927,063924,749930,877584,794764,798696,201944,256604,640
Bank overdraft
Bank loan
Trade Creditors 917,541926,199594,277776,828721,5371,020,662677,262
Group/Directors Accounts564,000564,000564,000632,921
other short term finances
hp & lease commitments
other current liabilities2,14910,70771,89172,64173,121289,088
total current liabilities2,14910,707635,891636,641637,121922,009917,541926,199594,277776,828721,5371,020,662677,262
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
total long term liabilities
total liabilities2,14910,707635,891636,641637,121922,009917,541926,199594,277776,828721,5371,020,662677,262
net assets17617674,47676,05644,79819,539-13,7265,0547,2084,678-9,483-12,030-25,336-76,406-72,622
total shareholders funds17617674,47676,05644,79819,539-13,7265,0547,2084,678-9,483-12,030-25,336-76,406-72,622
Jan 2024Jan 2023Jan 2022Jan 2021Jan 2020Jan 2019Jan 2018Jan 2017Jan 2016Jan 2015Jan 2014Jan 2013Jan 2012Jan 2011Jan 2010
Operating Activities
Operating Profit-3-75,635-1,78438,54631,14540,904-18,885-2,2633,24417,8603,27717,19968,650-3,909-72,784
Depreciation
Amortisation
Tax-7,332-5,925-7,803-657-3,764-761-4,202-17,944
Stock-337,654-575,874-11,22111,221337,654-185,598185,598-343,172346,766572,280
Debtors-244371-678,61631,078396,933243,9906,615-200200-7,4797,479
Creditors-917,541-8,658331,922-182,55155,291-299,125343,400677,262
Accruals and Deferred Income-2,149-8,558-61,184-750-480-215,967289,088
Deferred Taxes & Provisions
Cash flow from operations-3-77,540-10,713648,646-6,608-26,65897,032-626,110-17,2928,3645,563-117,11094,55320424,719
Investing Activities
capital expenditure
Change in Investments-100100
cash flow from investments100-100
Financing Activities
Bank loans
Group/Directors Accounts-564,000-68,921632,921
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
share issue100-100100
interest31,3352044439163105943663130936312562
cash flow from financing31,335204-563,95639163-68,816633,030-576631309363125162
cash and cash equivalents
cash-76,205-10,40984,690-6,569-26,49428,2166,820-17,3498,4295,594-116,80194,91732924,881
overdraft
change in cash-76,205-10,40984,690-6,569-26,49428,2166,820-17,3498,4295,594-116,80194,91732924,881

karm developments limited Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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Karm Developments Limited Competitor Analysis

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Perform a competitor analysis for karm developments limited by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other micro companies, companies in CM13 area or any other competitors across 12 key performance metrics.

karm developments limited Ownership

KARM DEVELOPMENTS LIMITED group structure

Karm Developments Limited has no subsidiary companies.

Ultimate parent company

2 parents

KARM DEVELOPMENTS LIMITED

06078418

KARM DEVELOPMENTS LIMITED Shareholders

woodford heating holdings limited 100%

karm developments limited directors

Karm Developments Limited currently has 2 directors. The longest serving directors include Mr Roy Alderslade (Oct 2015) and Mr Martin Keenes (Aug 2017).

officercountryagestartendrole
Mr Roy AldersladeUnited Kingdom65 years Oct 2015- Director
Mr Martin KeenesUnited Kingdom63 years Aug 2017- Director

P&L

January 2024

turnover

135.2k

-48%

operating profit

-2.6

0%

gross margin

26.5%

-2.54%

turnover

Turnover, or revenue, is the amount of sales generated by a company within the financial year.

Balance Sheet

January 2024

net assets

176

0%

total assets

176

0%

cash

49

0%

net assets

Total assets minus all liabilities

karm developments limited company details

company number

06078418

Type

Private limited with Share Capital

industry

68100 - Buying and selling of own real estate

incorporation date

February 2007

age

18

incorporated

UK

ultimate parent company

accounts

Dormant

last accounts submitted

January 2024

previous names

N/A

accountant

-

auditor

-

address

8 longaford way, brentwood, essex, CM13 2LT

Bank

-

Legal Advisor

-

karm 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 karm developments limited. Currently there are 0 open charges and 4 have been satisfied in the past.

karm 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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karm developments limited Companies House Filings - See Documents

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