sprake developments (east anglia) ltd
sprake developments (east anglia) ltd Company Information
Company Number
06912941
Next Accounts
Sep 2025
Shareholders
anthony pritchard sprake & mary joyce sprake
kirsty sprake & benjamin sprake
View AllGroup Structure
View All
Industry
Development of building projects
Registered Address
low road mettingham, bungay, suffolk, NR35 1TS
Website
-sprake developments (east anglia) ltd Estimated Valuation
Pomanda estimates the enterprise value of SPRAKE DEVELOPMENTS (EAST ANGLIA) LTD at £257.7k based on a Turnover of £530.9k and 0.49x industry multiple (adjusted for size and gross margin).
sprake developments (east anglia) ltd Estimated Valuation
Pomanda estimates the enterprise value of SPRAKE DEVELOPMENTS (EAST ANGLIA) LTD at £40.7k based on an EBITDA of £10.6k and a 3.84x industry multiple (adjusted for size and gross margin).
sprake developments (east anglia) ltd Estimated Valuation
Pomanda estimates the enterprise value of SPRAKE DEVELOPMENTS (EAST ANGLIA) LTD at £1.5m based on Net Assets of £1m and 1.41x industry multiple (adjusted for liquidity).
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Sprake Developments (east Anglia) Ltd Overview
Sprake Developments (east Anglia) Ltd is a live company located in suffolk, NR35 1TS with a Companies House number of 06912941. It operates in the development of building projects sector, SIC Code 41100. Founded in May 2009, it's largest shareholder is anthony pritchard sprake & mary joyce sprake with a 51% stake. Sprake Developments (east Anglia) Ltd is a established, small sized company, Pomanda has estimated its turnover at £530.9k with declining growth in recent years.
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Sprake Developments (east Anglia) Ltd Health Check
Pomanda's financial health check has awarded Sprake Developments (East Anglia) Ltd a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 6 areas for improvement. Company Health Check FAQs
2 Strong
3 Regular
6 Weak
Size
annual sales of £530.9k, make it smaller than the average company (£2.5m)
- Sprake Developments (east Anglia) Ltd
£2.5m - Industry AVG
Growth
3 year (CAGR) sales growth of -30%, show it is growing at a slower rate (4.8%)
- Sprake Developments (east Anglia) Ltd
4.8% - Industry AVG
Production
with a gross margin of 27.1%, this company has a comparable cost of product (27.1%)
- Sprake Developments (east Anglia) Ltd
27.1% - Industry AVG
Profitability
an operating margin of 2% make it less profitable than the average company (7%)
- Sprake Developments (east Anglia) Ltd
7% - Industry AVG
Employees
with 2 employees, this is below the industry average (7)
- Sprake Developments (east Anglia) Ltd
7 - Industry AVG
Pay Structure
on an average salary of £48.2k, the company has an equivalent pay structure (£48.2k)
- Sprake Developments (east Anglia) Ltd
£48.2k - Industry AVG
Efficiency
resulting in sales per employee of £265.4k, this is equally as efficient (£290.3k)
- Sprake Developments (east Anglia) Ltd
£290.3k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Sprake Developments (east Anglia) Ltd
- - Industry AVG
Creditor Days
its suppliers are paid after 6 days, this is quicker than average (31 days)
- Sprake Developments (east Anglia) Ltd
31 days - Industry AVG
Stock Days
it holds stock equivalent to 1047 days, this is more than average (159 days)
- Sprake Developments (east Anglia) Ltd
159 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 46 weeks, this is more cash available to meet short term requirements (12 weeks)
46 weeks - Sprake Developments (east Anglia) Ltd
12 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 34.7%, this is a lower level of debt than the average (73.5%)
34.7% - Sprake Developments (east Anglia) Ltd
73.5% - Industry AVG
SPRAKE DEVELOPMENTS (EAST ANGLIA) LTD financials
Sprake Developments (East Anglia) Ltd's latest turnover from December 2023 is estimated at £530.9 thousand and the company has net assets of £1 million. According to their latest financial statements, we estimate that Sprake Developments (East Anglia) Ltd has 2 employees and maintains cash reserves of £485.3 thousand 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 | |||||||||||||||
| 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 | |||||||||||||||
| EBITDA* |
* 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 | |||||||||||||||
| Intangible Assets | |||||||||||||||
| Investments & Other | 190,587 | 190,587 | 312,087 | 121,500 | 121,500 | 121,500 | 121,500 | ||||||||
| Debtors (Due After 1 year) | |||||||||||||||
| Total Fixed Assets | 190,587 | 190,587 | 312,087 | 121,500 | 121,500 | 121,500 | 121,500 | ||||||||
| Stock & work in progress | 1,110,556 | 1,687,495 | 1,566,570 | 1,215,885 | 997,359 | 916,098 | 383,811 | 500,520 | 254,769 | 641,894 | 439,780 | 379,989 | 312,109 | 412,073 | 90,000 |
| Trade Debtors | 90,000 | 61,259 | 7,453 | 644 | 20,092 | 189,566 | 200 | ||||||||
| Group Debtors | |||||||||||||||
| Misc Debtors | 1,425 | 937 | 886 | 16 | 242,631 | 1,390 | 268,103 | 61,246 | |||||||
| Cash | 485,333 | 24,059 | 131,747 | 516,163 | 11,095 | 116,750 | 120,801 | 17,560 | 49,443 | 83,250 | 23,732 | 4,909 | 923 | ||
| misc current assets | |||||||||||||||
| total current assets | 1,597,314 | 1,802,491 | 1,699,203 | 1,732,064 | 1,251,085 | 1,034,238 | 772,715 | 579,326 | 365,471 | 732,597 | 464,156 | 404,990 | 501,675 | 412,996 | 90,200 |
| total assets | 1,597,314 | 1,802,491 | 1,699,203 | 1,732,064 | 1,251,085 | 1,224,825 | 963,302 | 891,413 | 486,971 | 854,097 | 585,656 | 526,490 | 501,675 | 412,996 | 90,200 |
| Bank overdraft | 10,000 | 10,000 | 10,000 | 5,000 | 262,718 | ||||||||||
| Bank loan | |||||||||||||||
| Trade Creditors | 6,800 | 526 | 1,863 | 164,387 | 584,566 | 383,893 | 402,004 | 431,054 | 421,040 | 90,000 | |||||
| Group/Directors Accounts | |||||||||||||||
| other short term finances | |||||||||||||||
| hp & lease commitments | |||||||||||||||
| other current liabilities | 522,905 | 740,410 | 804,113 | 902,914 | 600,568 | 382,426 | 580,322 | 565,417 | |||||||
| total current liabilities | 539,705 | 750,410 | 814,113 | 907,914 | 601,094 | 647,007 | 580,322 | 565,417 | 164,387 | 584,566 | 383,893 | 402,004 | 431,054 | 421,040 | 90,000 |
| loans | 14,166 | 24,167 | 34,167 | 45,000 | |||||||||||
| hp & lease commitments | |||||||||||||||
| Accruals and Deferred Income | |||||||||||||||
| other liabilities | |||||||||||||||
| provisions | |||||||||||||||
| total long term liabilities | 14,166 | 24,167 | 34,167 | 45,000 | |||||||||||
| total liabilities | 553,871 | 774,577 | 848,280 | 952,914 | 601,094 | 647,007 | 580,322 | 565,417 | 164,387 | 584,566 | 383,893 | 402,004 | 431,054 | 421,040 | 90,000 |
| net assets | 1,043,443 | 1,027,914 | 850,923 | 779,150 | 649,991 | 577,818 | 382,980 | 325,996 | 322,584 | 269,531 | 201,763 | 124,486 | 70,621 | -8,044 | 200 |
| total shareholders funds | 1,043,443 | 1,027,914 | 850,923 | 779,150 | 649,991 | 577,818 | 382,980 | 325,996 | 322,584 | 269,531 | 201,763 | 124,486 | 70,621 | -8,044 | 200 |
| 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 | |||||||||||||||
| Depreciation | |||||||||||||||
| Amortisation | |||||||||||||||
| Tax | |||||||||||||||
| Stock | -576,939 | 120,925 | 350,685 | 218,526 | 81,261 | 532,287 | -116,709 | 245,751 | -387,125 | 202,114 | 59,791 | 67,880 | -99,964 | 322,073 | 90,000 |
| Debtors | -89,512 | 90,051 | 870 | -242,615 | 241,241 | -266,713 | 206,857 | -13 | 53,806 | 6,809 | -19,448 | -169,474 | 189,566 | -200 | 200 |
| Creditors | 6,800 | -526 | -1,337 | 1,863 | -164,387 | -420,179 | 200,673 | -18,111 | -29,050 | 10,014 | 331,040 | 90,000 | |||
| Accruals and Deferred Income | -217,505 | -63,703 | -98,801 | 302,346 | 218,142 | -197,896 | 14,905 | 565,417 | |||||||
| Deferred Taxes & Provisions | |||||||||||||||
| Cash flow from operations | |||||||||||||||
| Investing Activities | |||||||||||||||
| capital expenditure | |||||||||||||||
| Change in Investments | -190,587 | -121,500 | 190,587 | 121,500 | |||||||||||
| cash flow from investments | |||||||||||||||
| Financing Activities | |||||||||||||||
| Bank loans | |||||||||||||||
| Group/Directors Accounts | |||||||||||||||
| Other Short Term Loans | |||||||||||||||
| Long term loans | -10,001 | -10,000 | -10,833 | 45,000 | |||||||||||
| Hire Purchase and Lease Commitments | |||||||||||||||
| other long term liabilities | |||||||||||||||
| share issue | |||||||||||||||
| interest | |||||||||||||||
| cash flow from financing | |||||||||||||||
| cash and cash equivalents | |||||||||||||||
| cash | 461,274 | -107,688 | -384,416 | 505,068 | -105,655 | -4,051 | 103,241 | -31,883 | -33,807 | 59,518 | 18,823 | 4,909 | -923 | 923 | |
| overdraft | 5,000 | 5,000 | -262,718 | 262,718 | |||||||||||
| change in cash | 461,274 | -107,688 | -389,416 | 500,068 | 157,063 | -266,769 | 103,241 | -31,883 | -33,807 | 59,518 | 18,823 | 4,909 | -923 | 923 |
sprake developments (east anglia) ltd Credit Report and Business Information
Sprake Developments (east Anglia) Ltd Competitor Analysis
Perform a competitor analysis for sprake developments (east anglia) ltd by selecting its closest rivals, whether from the CONSTRUCTION sector, other small companies, companies in NR35 area or any other competitors across 12 key performance metrics.
sprake developments (east anglia) ltd Ownership
SPRAKE DEVELOPMENTS (EAST ANGLIA) LTD group structure
Sprake Developments (East Anglia) Ltd has no subsidiary companies.
Ultimate parent company
SPRAKE DEVELOPMENTS (EAST ANGLIA) LTD
06912941
sprake developments (east anglia) ltd directors
Sprake Developments (East Anglia) Ltd currently has 4 directors. The longest serving directors include Mr Anthony Sprake (May 2009) and Mrs Mary Sprake (May 2009).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Anthony Sprake | England | 77 years | May 2009 | - | Director |
| Mrs Mary Sprake | United Kingdom | 75 years | May 2009 | - | Director |
| Ms Mary Sprake | 73 years | May 2009 | - | Director | |
| Mr Benjamin Sprake | England | 43 years | Oct 2019 | - | Director |
P&L
December 2023turnover
530.9k
-65%
operating profit
10.6k
0%
gross margin
27.2%
+1.7%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
1m
+0.02%
total assets
1.6m
-0.11%
cash
485.3k
+19.17%
net assets
Total assets minus all liabilities
sprake developments (east anglia) ltd company details
company number
06912941
Type
Private limited with Share Capital
industry
41100 - Development of building projects
incorporation date
May 2009
age
16
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
December 2023
previous names
N/A
accountant
BERRY & WARREN LTD
auditor
-
address
low road mettingham, bungay, suffolk, NR35 1TS
Bank
-
Legal Advisor
-
sprake developments (east anglia) ltd 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 6 charges/mortgages relating to sprake developments (east anglia) ltd. Currently there are 1 open charges and 5 have been satisfied in the past.
sprake developments (east anglia) ltd 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 SPRAKE DEVELOPMENTS (EAST ANGLIA) LTD. This can take several minutes, an email will notify you when this has completed.
sprake developments (east anglia) ltd Companies House Filings - See Documents
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