iford road developments limited
iford road developments limited Company Information
Company Number
06417386
Next Accounts
Sep 2025
Shareholders
robert quinton watts
danielle jane watts
View AllGroup Structure
View All
Industry
Development of building projects
Registered Address
suite 7, wessex house, st. leonards road, bournemouth, dorset, BH8 8QS
Website
-iford road developments limited Estimated Valuation
Pomanda estimates the enterprise value of IFORD ROAD DEVELOPMENTS LIMITED at £2.5m based on a Turnover of £6.7m and 0.38x industry multiple (adjusted for size and gross margin).
iford road developments limited Estimated Valuation
Pomanda estimates the enterprise value of IFORD ROAD DEVELOPMENTS LIMITED at £57.9k based on an EBITDA of £19.4k and a 2.98x industry multiple (adjusted for size and gross margin).
iford road developments limited Estimated Valuation
Pomanda estimates the enterprise value of IFORD ROAD DEVELOPMENTS LIMITED at £1.6m based on Net Assets of £1.2m and 1.41x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Iford Road Developments Limited Overview
Iford Road Developments Limited is a live company located in bournemouth, BH8 8QS with a Companies House number of 06417386. It operates in the development of building projects sector, SIC Code 41100. Founded in November 2007, it's largest shareholder is robert quinton watts with a 97% stake. Iford Road Developments Limited is a established, mid sized company, Pomanda has estimated its turnover at £6.7m with healthy growth in recent years.
Upgrade for unlimited company reports & a free credit check
Iford Road Developments Limited Health Check
Pomanda's financial health check has awarded Iford Road Developments Limited a 4 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 4 areas for improvement. Company Health Check FAQs
4 Strong
2 Regular
4 Weak
Size
annual sales of £6.7m, make it larger than the average company (£2.5m)
- Iford Road Developments Limited
£2.5m - Industry AVG
Growth
3 year (CAGR) sales growth of 5%, show it is growing at a similar rate (4.8%)
- Iford Road Developments Limited
4.8% - Industry AVG
Production
with a gross margin of 9.8%, this company has a higher cost of product (27.1%)
- Iford Road Developments Limited
27.1% - Industry AVG
Profitability
an operating margin of 0.3% make it less profitable than the average company (7%)
- Iford Road Developments Limited
7% - Industry AVG
Employees
with 1 employees, this is below the industry average (7)
1 - Iford Road Developments Limited
7 - Industry AVG
Pay Structure
on an average salary of £48.2k, the company has an equivalent pay structure (£48.2k)
- Iford Road Developments Limited
£48.2k - Industry AVG
Efficiency
resulting in sales per employee of £6.7m, this is more efficient (£290.3k)
- Iford Road Developments Limited
£290.3k - Industry AVG
Debtor Days
it gets paid by customers after 137 days, this is later than average (28 days)
- Iford Road Developments Limited
28 days - Industry AVG
Creditor Days
its suppliers are paid after 83 days, this is slower than average (31 days)
- Iford Road Developments Limited
31 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Iford Road Developments Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Iford Road Developments Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 54.4%, this is a lower level of debt than the average (73.5%)
54.4% - Iford Road Developments Limited
73.5% - Industry AVG
IFORD ROAD DEVELOPMENTS LIMITED financials
Iford Road Developments Limited's latest turnover from December 2023 is estimated at £6.7 million and the company has net assets of £1.2 million. According to their latest financial statements, Iford Road Developments Limited has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 5,000 | 15,000 | 5,000 | 24,132 | 35,926 | ||||||||||
| Other Income Or Grants | |||||||||||||||
| Cost Of Sales | |||||||||||||||
| Gross Profit | |||||||||||||||
| Admin Expenses | |||||||||||||||
| Operating Profit | -24,632 | -10,320 | -14,451 | -16,965 | 11,231 | -21,165 | 15,777 | -15,278 | |||||||
| Interest Payable | |||||||||||||||
| Interest Receivable | 148,056 | 125,585 | 131,730 | 43,147 | 52,704 | 58,410 | 60,738 | 20,901 | |||||||
| Pre-Tax Profit | 123,424 | 115,265 | 117,279 | 25,519 | 63,935 | 36,745 | 77,315 | 6,763 | |||||||
| Tax | -24,685 | -23,156 | -24,226 | -5,104 | -13,056 | -8,424 | -16,084 | -1,181 | |||||||
| Profit After Tax | 98,739 | 92,109 | 93,053 | 20,415 | 50,879 | 28,321 | 61,231 | 5,582 | |||||||
| Dividends Paid | 128,700 | 74,970 | |||||||||||||
| Retained Profit | -29,961 | 17,139 | 93,053 | 20,415 | 50,879 | 28,321 | 61,231 | 5,582 | |||||||
| Employee Costs | |||||||||||||||
| Number Of Employees | 1 | 1 | 1 | 1 | 3 | 3 | 3 | ||||||||
| EBITDA* | -23,899 | -9,715 | -13,865 | -16,116 | 12,080 | -20,316 | 16,956 | -14,948 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 802 | 2,071 | 3,349 | 243,050 | 241,740 | 242,667 | 2,378 | 1,739 | 1,854 | 2,171 | 849 | 1,698 | 3,205 | 987 | |
| Intangible Assets | |||||||||||||||
| Investments & Other | 200 | 200 | |||||||||||||
| Debtors (Due After 1 year) | |||||||||||||||
| Total Fixed Assets | 802 | 2,071 | 3,349 | 243,050 | 241,740 | 242,667 | 2,378 | 1,739 | 1,854 | 2,171 | 849 | 1,698 | 3,405 | 1,187 | |
| Stock & work in progress | |||||||||||||||
| Trade Debtors | 2,536,339 | 2,424,930 | 2,582,472 | 2,109,785 | 2,087,481 | 1,967,935 | 2,134,980 | ||||||||
| Group Debtors | |||||||||||||||
| Misc Debtors | 1,544,760 | 1,469,478 | 1,414,155 | 1,700,576 | 418,342 | 607,370 | 517,670 | 470,500 | |||||||
| Cash | 451,659 | 393,343 | 434,005 | 79,715 | 735,011 | 470,462 | 458,013 | 431,162 | |||||||
| misc current assets | |||||||||||||||
| total current assets | 2,536,339 | 2,424,930 | 2,582,472 | 2,109,785 | 2,087,481 | 1,967,935 | 2,134,980 | 1,996,419 | 1,862,821 | 1,848,160 | 1,780,291 | 1,153,353 | 1,077,832 | 975,683 | 901,662 |
| total assets | 2,537,141 | 2,427,001 | 2,585,821 | 2,352,835 | 2,329,221 | 2,210,602 | 2,137,358 | 1,998,158 | 1,864,675 | 1,850,331 | 1,780,291 | 1,154,202 | 1,079,530 | 979,088 | 902,849 |
| Bank overdraft | |||||||||||||||
| Bank loan | |||||||||||||||
| Trade Creditors | 1,379,860 | 1,284,280 | 1,446,933 | 1,227,298 | 1,210,066 | 1,120,437 | 1,086,537 | ||||||||
| Group/Directors Accounts | 909,614 | 819,984 | 821,213 | 864,643 | 115,743 | 150,701 | 152,156 | 152,986 | |||||||
| other short term finances | |||||||||||||||
| hp & lease commitments | |||||||||||||||
| other current liabilities | 107,017 | 33,180 | 34,661 | 14,700 | 157,757 | 98,836 | 24,927 | 9,555 | |||||||
| total current liabilities | 1,379,860 | 1,284,280 | 1,446,933 | 1,227,298 | 1,210,066 | 1,120,437 | 1,086,537 | 1,016,631 | 853,164 | 855,874 | 879,343 | 273,500 | 249,537 | 177,083 | 162,541 |
| loans | |||||||||||||||
| hp & lease commitments | |||||||||||||||
| Accruals and Deferred Income | |||||||||||||||
| other liabilities | |||||||||||||||
| provisions | 348 | 371 | 456 | 170 | 340 | 673 | 207 | ||||||||
| total long term liabilities | 348 | 371 | 456 | 170 | 340 | 673 | 207 | ||||||||
| total liabilities | 1,379,860 | 1,284,280 | 1,446,933 | 1,227,298 | 1,210,066 | 1,120,437 | 1,086,537 | 1,016,979 | 853,535 | 856,330 | 879,343 | 273,670 | 249,877 | 177,756 | 162,748 |
| net assets | 1,157,281 | 1,142,721 | 1,138,888 | 1,125,537 | 1,119,155 | 1,090,165 | 1,050,821 | 981,179 | 1,011,140 | 994,001 | 900,948 | 880,532 | 829,653 | 801,332 | 740,101 |
| total shareholders funds | 1,157,281 | 1,142,721 | 1,138,888 | 1,125,537 | 1,119,155 | 1,090,165 | 1,050,821 | 981,179 | 1,011,140 | 994,001 | 900,948 | 880,532 | 829,653 | 801,332 | 740,101 |
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | -24,632 | -10,320 | -14,451 | -16,965 | 11,231 | -21,165 | 15,777 | -15,278 | |||||||
| Depreciation | 733 | 605 | 586 | 849 | 849 | 849 | 1,179 | 330 | |||||||
| Amortisation | |||||||||||||||
| Tax | -24,685 | -23,156 | -24,226 | -5,104 | -13,056 | -8,424 | -16,084 | -1,181 | |||||||
| Stock | |||||||||||||||
| Debtors | 111,409 | -157,542 | 472,687 | 22,304 | 119,546 | -167,045 | 590,220 | 75,282 | 55,323 | -286,421 | 1,282,234 | -189,028 | 89,700 | 47,170 | 470,500 |
| Creditors | 95,580 | -162,653 | 219,635 | 17,232 | 89,629 | 33,900 | 1,086,537 | ||||||||
| Accruals and Deferred Income | -107,017 | 73,837 | -1,481 | 19,961 | -143,057 | 58,921 | 73,909 | 15,372 | 9,555 | ||||||
| Deferred Taxes & Provisions | -348 | -23 | -85 | 456 | -170 | -170 | -333 | 466 | 207 | ||||||
| Cash flow from operations | -50,052 | -89,760 | 268,747 | -1,446,681 | 246,803 | -44,864 | -30,460 | -476,867 | |||||||
| Investing Activities | |||||||||||||||
| capital expenditure | |||||||||||||||
| Change in Investments | -200 | 200 | |||||||||||||
| cash flow from investments | |||||||||||||||
| Financing Activities | |||||||||||||||
| Bank loans | |||||||||||||||
| Group/Directors Accounts | -909,614 | 89,630 | -1,229 | -43,430 | 748,900 | -34,958 | -1,455 | -830 | 152,986 | ||||||
| Other Short Term Loans | |||||||||||||||
| Long term loans | |||||||||||||||
| Hire Purchase and Lease Commitments | |||||||||||||||
| other long term liabilities | |||||||||||||||
| share issue | |||||||||||||||
| interest | 52,704 | 58,410 | 60,738 | 20,901 | |||||||||||
| cash flow from financing | 17,746 | 56,955 | 59,908 | 908,406 | |||||||||||
| cash and cash equivalents | |||||||||||||||
| cash | -451,659 | 58,316 | -40,662 | 354,290 | -655,296 | 264,549 | 12,449 | 26,851 | 431,162 | ||||||
| overdraft | |||||||||||||||
| change in cash | -451,659 | 58,316 | -40,662 | 354,290 | -655,296 | 264,549 | 12,449 | 26,851 | 431,162 |
iford road developments limited Credit Report and Business Information
Iford Road Developments Limited Competitor Analysis
Perform a competitor analysis for iford road developments limited by selecting its closest rivals, whether from the CONSTRUCTION sector, other mid companies, companies in BH8 area or any other competitors across 12 key performance metrics.
iford road developments limited Ownership
IFORD ROAD DEVELOPMENTS LIMITED group structure
Iford Road Developments Limited has 1 subsidiary company.
Ultimate parent company
IFORD ROAD DEVELOPMENTS LIMITED
06417386
1 subsidiary
iford road developments limited directors
Iford Road Developments Limited currently has 4 directors. The longest serving directors include Mr Robert Watts (Mar 2008) and Miss Danielle Watts (Mar 2008).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Robert Watts | 85 years | Mar 2008 | - | Director | |
| Miss Danielle Watts | England | 51 years | Mar 2008 | - | Director |
| Mrs. Judith Watts | England | 75 years | Mar 2008 | - | Director |
| Mr Robert Watts | England | 85 years | Mar 2008 | - | Director |
P&L
December 2023turnover
6.7m
+8%
operating profit
19.4k
0%
gross margin
9.9%
-1.24%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
1.2m
+0.01%
total assets
2.5m
+0.05%
cash
0
0%
net assets
Total assets minus all liabilities
iford road developments limited company details
company number
06417386
Type
Private limited with Share Capital
industry
41100 - Development of building projects
incorporation date
November 2007
age
18
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
December 2023
previous names
steelray no. 245 limited (April 2008)
accountant
-
auditor
-
address
suite 7, wessex house, st. leonards road, bournemouth, dorset, BH8 8QS
Bank
-
Legal Advisor
-
iford road 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 1 charges/mortgages relating to iford road developments limited. Currently there are 1 open charges and 0 have been satisfied in the past.
iford road 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 IFORD ROAD DEVELOPMENTS LIMITED. This can take several minutes, an email will notify you when this has completed.
iford road developments limited Companies House Filings - See Documents
| date | description | view/download |
|---|
