cedarmill developments limited
cedarmill developments limited Company Information
Group Structure
View All
Industry
Specialised construction activities (other than scaffold erection) n.e.c.
Registered Address
rose cottage collingwood farm, brentwood road, grays, essex, RM16 3DJ
Website
cedarmilldevelopments.comcedarmill developments limited Estimated Valuation
Pomanda estimates the enterprise value of CEDARMILL DEVELOPMENTS LIMITED at £2.4m based on a Turnover of £5.7m and 0.42x industry multiple (adjusted for size and gross margin).
cedarmill developments limited Estimated Valuation
Pomanda estimates the enterprise value of CEDARMILL DEVELOPMENTS LIMITED at £2.4m based on an EBITDA of £563.9k and a 4.22x industry multiple (adjusted for size and gross margin).
cedarmill developments limited Estimated Valuation
Pomanda estimates the enterprise value of CEDARMILL DEVELOPMENTS LIMITED at £4m based on Net Assets of £1.9m and 2.13x industry multiple (adjusted for liquidity).
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Cedarmill Developments Limited Overview
Cedarmill Developments Limited is a live company located in grays, RM16 3DJ with a Companies House number of 07007391. It operates in the other specialised construction activities n.e.c. sector, SIC Code 43999. Founded in September 2009, it's largest shareholder is darby capital limited with a 100% stake. Cedarmill Developments Limited is a established, mid sized company, Pomanda has estimated its turnover at £5.7m with declining growth in recent years.
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Cedarmill Developments Limited Health Check
Pomanda's financial health check has awarded Cedarmill Developments Limited a 4 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
3 Regular
6 Weak
Size
annual sales of £5.7m, make it smaller than the average company (£7.1m)
- Cedarmill Developments Limited
£7.1m - Industry AVG
Growth
3 year (CAGR) sales growth of -7%, show it is growing at a slower rate (8.7%)
- Cedarmill Developments Limited
8.7% - Industry AVG
Production
with a gross margin of 24.8%, this company has a comparable cost of product (24.8%)
- Cedarmill Developments Limited
24.8% - Industry AVG
Profitability
an operating margin of 9.3% make it more profitable than the average company (6.2%)
- Cedarmill Developments Limited
6.2% - Industry AVG
Employees
with 2 employees, this is below the industry average (31)
2 - Cedarmill Developments Limited
31 - Industry AVG
Pay Structure
on an average salary of £47.9k, the company has an equivalent pay structure (£47.9k)
- Cedarmill Developments Limited
£47.9k - Industry AVG
Efficiency
resulting in sales per employee of £2.8m, this is more efficient (£192.2k)
- Cedarmill Developments Limited
£192.2k - Industry AVG
Debtor Days
it gets paid by customers after 34 days, this is earlier than average (57 days)
- Cedarmill Developments Limited
57 days - Industry AVG
Creditor Days
its suppliers are paid after 11 days, this is quicker than average (39 days)
- Cedarmill Developments Limited
39 days - Industry AVG
Stock Days
it holds stock equivalent to 189 days, this is more than average (14 days)
- Cedarmill Developments Limited
14 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 11 weeks, this is less cash available to meet short term requirements (20 weeks)
11 weeks - Cedarmill Developments Limited
20 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 64.6%, this is a similar level of debt than the average (61.3%)
64.6% - Cedarmill Developments Limited
61.3% - Industry AVG
CEDARMILL DEVELOPMENTS LIMITED financials
Cedarmill Developments Limited's latest turnover from September 2023 is estimated at £5.7 million and the company has net assets of £1.9 million. According to their latest financial statements, Cedarmill Developments Limited has 2 employees and maintains cash reserves of £787.3 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Sep 2023 | Sep 2022 | Sep 2021 | Sep 2020 | Sep 2019 | Sep 2018 | Sep 2017 | Sep 2016 | Sep 2015 | Sep 2014 | Sep 2013 | Sep 2012 | Sep 2011 | Sep 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 | 1 | 1 | 1 | 1 | 1 | 1 | |||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Sep 2023 | Sep 2022 | Sep 2021 | Sep 2020 | Sep 2019 | Sep 2018 | Sep 2017 | Sep 2016 | Sep 2015 | Sep 2014 | Sep 2013 | Sep 2012 | Sep 2011 | Sep 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 788,058 | 6,895 | 9,374 | 12,856 | 17,359 | 23,222 | 29,996 | 38,742 | 14,156 | 11,625 | ||||
| Intangible Assets | ||||||||||||||
| Investments & Other | ||||||||||||||
| Debtors (Due After 1 year) | ||||||||||||||
| Total Fixed Assets | 788,058 | 6,895 | 9,374 | 12,856 | 17,359 | 23,222 | 29,996 | 38,742 | 14,156 | 11,625 | ||||
| Stock & work in progress | 2,226,740 | 2,321,159 | 2,925,434 | 2,925,434 | 2,925,434 | 2,925,434 | 1,139,320 | 617,692 | 10,220 | 1,205,410 | 2,088,314 | 109,388 | ||
| Trade Debtors | 537,660 | 1,124,280 | 736,457 | 445,166 | 1,256,450 | 13,644 | 136,160 | 561 | 4,288,392 | 877,320 | 1,757,013 | 1,993,303 | 45,029 | 115,836 |
| Group Debtors | 967,732 | 590,383 | 149,995 | 186,439 | 436,439 | 484,566 | 113,532 | |||||||
| Misc Debtors | 21,414 | 91,640 | 6,982 | 10,115 | 15,137 | 11,545 | 16,247 | 3,680,399 | ||||||
| Cash | 787,274 | 46,040 | 397,784 | 221,618 | 96,111 | 217,412 | 1,164,250 | 750,126 | 70,623 | 1,571,255 | 109,175 | 3,169 | 81,819 | 55,493 |
| misc current assets | ||||||||||||||
| total current assets | 4,540,820 | 4,173,502 | 4,216,652 | 3,788,772 | 4,729,571 | 3,652,601 | 2,569,509 | 5,048,778 | 4,369,235 | 3,653,985 | 3,954,502 | 2,105,860 | 126,848 | 171,329 |
| total assets | 5,328,878 | 4,180,397 | 4,226,026 | 3,801,628 | 4,746,930 | 3,675,823 | 2,599,505 | 5,087,520 | 4,383,391 | 3,665,610 | 3,954,502 | 2,105,860 | 126,848 | 171,329 |
| Bank overdraft | 1,711,867 | 1,054,586 | 1,454,616 | 1,102,498 | 1,023,666 | 1,872,715 | ||||||||
| Bank loan | 2,187,320 | |||||||||||||
| Trade Creditors | 135,078 | 172,194 | 83,212 | 51,540 | 15,127 | 35,419 | 7,991 | 281,185 | 3,891,891 | 3,343,321 | 3,802,578 | 2,043,974 | 101,846 | 153,945 |
| Group/Directors Accounts | 1,441,700 | 1,329,990 | 1,139,388 | 1,093,620 | 1,046,556 | 1,051,244 | 1,161,015 | 1,526,877 | ||||||
| other short term finances | 2,273 | 9,367 | 204 | 459 | 540 | 4,437 | 2,483 | 1,214 | ||||||
| hp & lease commitments | 25,500 | 6,563 | 11,250 | 11,250 | ||||||||||
| other current liabilities | 97,752 | 21,902 | 19,591 | 80,899 | 28,340 | 166,474 | 104,237 | 473,810 | ||||||
| total current liabilities | 3,414,170 | 2,588,039 | 2,697,011 | 2,329,016 | 3,277,883 | 2,287,803 | 1,286,976 | 4,167,051 | 3,891,891 | 3,343,321 | 3,802,578 | 2,043,974 | 101,846 | 153,945 |
| loans | ||||||||||||||
| hp & lease commitments | 28,125 | 6,563 | 17,813 | |||||||||||
| Accruals and Deferred Income | ||||||||||||||
| other liabilities | ||||||||||||||
| provisions | 848 | 2,831 | 2,325 | |||||||||||
| total long term liabilities | 28,125 | 6,563 | 18,661 | 2,831 | 2,325 | |||||||||
| total liabilities | 3,442,295 | 2,588,039 | 2,697,011 | 2,329,016 | 3,277,883 | 2,287,803 | 1,293,539 | 4,185,712 | 3,894,722 | 3,345,646 | 3,802,578 | 2,043,974 | 101,846 | 153,945 |
| net assets | 1,886,583 | 1,592,358 | 1,529,015 | 1,472,612 | 1,469,047 | 1,388,020 | 1,305,966 | 901,808 | 488,669 | 319,964 | 151,924 | 61,886 | 25,002 | 17,384 |
| total shareholders funds | 1,886,583 | 1,592,358 | 1,529,015 | 1,472,612 | 1,469,047 | 1,388,020 | 1,305,966 | 901,808 | 488,669 | 319,964 | 151,924 | 61,886 | 25,002 | 17,384 |
| Sep 2023 | Sep 2022 | Sep 2021 | Sep 2020 | Sep 2019 | Sep 2018 | Sep 2017 | Sep 2016 | Sep 2015 | Sep 2014 | Sep 2013 | Sep 2012 | Sep 2011 | Sep 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||||
| Operating Profit | ||||||||||||||
| Depreciation | 37,187 | 2,479 | 3,482 | 4,503 | 5,863 | 7,682 | 9,920 | 12,914 | 4,719 | 3,875 | ||||
| Amortisation | ||||||||||||||
| Tax | ||||||||||||||
| Stock | -94,419 | -604,275 | 1,786,114 | 521,628 | 607,472 | -1,195,190 | -882,904 | 1,978,926 | 109,388 | |||||
| Debtors | -279,497 | 912,869 | 251,714 | -1,066,306 | 1,198,271 | 243,816 | -3,415,021 | -607,432 | 3,411,072 | -879,693 | -236,290 | 1,948,274 | -70,807 | 115,836 |
| Creditors | -37,116 | 88,982 | 31,672 | 36,413 | -20,292 | 27,428 | -273,194 | -3,610,706 | 548,570 | -459,257 | 1,758,604 | 1,942,128 | -52,099 | 153,945 |
| Accruals and Deferred Income | 75,850 | 2,311 | -61,308 | 52,559 | -138,134 | 62,237 | -369,573 | 473,810 | ||||||
| Deferred Taxes & Provisions | -848 | -1,983 | 506 | 2,325 | ||||||||||
| Cash flow from operations | ||||||||||||||
| Investing Activities | ||||||||||||||
| capital expenditure | ||||||||||||||
| Change in Investments | ||||||||||||||
| cash flow from investments | ||||||||||||||
| Financing Activities | ||||||||||||||
| Bank loans | -2,187,320 | 2,187,320 | ||||||||||||
| Group/Directors Accounts | 111,710 | 190,602 | 45,768 | 47,064 | -4,688 | -109,771 | -365,862 | 1,526,877 | ||||||
| Other Short Term Loans | -7,094 | 9,163 | -255 | -81 | -3,897 | 1,954 | 1,269 | 1,214 | ||||||
| Long term loans | ||||||||||||||
| Hire Purchase and Lease Commitments | 53,625 | -6,563 | -11,250 | -11,250 | 29,063 | |||||||||
| other long term liabilities | ||||||||||||||
| share issue | ||||||||||||||
| interest | ||||||||||||||
| cash flow from financing | ||||||||||||||
| cash and cash equivalents | ||||||||||||||
| cash | 741,234 | -351,744 | 176,166 | 125,507 | -121,301 | -946,838 | 414,124 | 679,503 | -1,500,632 | 1,462,080 | 106,006 | -78,650 | 26,326 | 55,493 |
| overdraft | 657,281 | -400,030 | 352,118 | 1,102,498 | -1,023,666 | 1,023,666 | -1,872,715 | 1,872,715 | ||||||
| change in cash | 83,953 | 48,286 | -175,952 | -976,991 | 902,365 | -1,970,504 | 2,286,839 | -1,193,212 | -1,500,632 | 1,462,080 | 106,006 | -78,650 | 26,326 | 55,493 |
cedarmill developments limited Credit Report and Business Information
Cedarmill Developments Limited Competitor Analysis
Perform a competitor analysis for cedarmill developments limited by selecting its closest rivals, whether from the CONSTRUCTION sector, other mid companies, companies in RM16 area or any other competitors across 12 key performance metrics.
cedarmill developments limited Ownership
CEDARMILL DEVELOPMENTS LIMITED group structure
Cedarmill Developments Limited has no subsidiary companies.
cedarmill developments limited directors
Cedarmill Developments Limited currently has 1 director, Mr David Darby serving since Sep 2009.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr David Darby | England | 55 years | Sep 2009 | - | Director |
P&L
September 2023turnover
5.7m
-26%
operating profit
526.7k
0%
gross margin
24.9%
+0.63%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
September 2023net assets
1.9m
+0.18%
total assets
5.3m
+0.27%
cash
787.3k
+16.1%
net assets
Total assets minus all liabilities
cedarmill developments limited company details
company number
07007391
Type
Private limited with Share Capital
industry
43999 - Specialised construction activities (other than scaffold erection) n.e.c.
incorporation date
September 2009
age
16
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
September 2023
previous names
cedarbridge developments limited (September 2009)
accountant
PICKERING EVENNETT LIMITED
auditor
-
address
rose cottage collingwood farm, brentwood road, grays, essex, RM16 3DJ
Bank
-
Legal Advisor
-
cedarmill 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 16 charges/mortgages relating to cedarmill developments limited. Currently there are 3 open charges and 13 have been satisfied in the past.
cedarmill 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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cedarmill developments limited Companies House Filings - See Documents
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