ease development services limited
ease development services limited Company Information
Company Number
07012801
Next Accounts
Jan 2025
Industry
Development of building projects
Shareholders
andrew cook
dafydd hollyman
View AllGroup Structure
View All
Contact
Registered Address
2nd floor stratus house, exeter, devon, EX1 3QS
Website
ease-ds.comease development services limited Estimated Valuation
Pomanda estimates the enterprise value of EASE DEVELOPMENT SERVICES LIMITED at £3.3m based on a Turnover of £7.8m and 0.43x industry multiple (adjusted for size and gross margin).
ease development services limited Estimated Valuation
Pomanda estimates the enterprise value of EASE DEVELOPMENT SERVICES LIMITED at £79.3k based on an EBITDA of £25.6k and a 3.09x industry multiple (adjusted for size and gross margin).
ease development services limited Estimated Valuation
Pomanda estimates the enterprise value of EASE DEVELOPMENT SERVICES LIMITED at £386.9k based on Net Assets of £281k and 1.38x industry multiple (adjusted for liquidity).
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Ease Development Services Limited Overview
Ease Development Services Limited is a dissolved company that was located in devon, EX1 3QS with a Companies House number of 07012801. It operated in the development of building projects sector, SIC Code 41100. Founded in September 2009, it's largest shareholder was andrew cook with a 47.5% stake. The last turnover for Ease Development Services Limited was estimated at £7.8m.
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Ease Development Services Limited Health Check
Pomanda's financial health check has awarded Ease Development Services Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 5 areas for improvement. Company Health Check FAQs
4 Strong
2 Regular
5 Weak
Size
annual sales of £7.8m, make it larger than the average company (£1.3m)
- Ease Development Services Limited
£1.3m - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Ease Development Services Limited
- - Industry AVG
Production
with a gross margin of 11%, this company has a higher cost of product (29.9%)
- Ease Development Services Limited
29.9% - Industry AVG
Profitability
an operating margin of -0.1% make it less profitable than the average company (14.6%)
- Ease Development Services Limited
14.6% - Industry AVG
Employees
with 12 employees, this is similar to the industry average (10)
- Ease Development Services Limited
10 - Industry AVG
Pay Structure
on an average salary of £37k, the company has an equivalent pay structure (£37k)
- Ease Development Services Limited
£37k - Industry AVG
Efficiency
resulting in sales per employee of £649.1k, this is more efficient (£278.3k)
- Ease Development Services Limited
£278.3k - Industry AVG
Debtor Days
it gets paid by customers after 95 days, this is later than average (26 days)
- Ease Development Services Limited
26 days - Industry AVG
Creditor Days
its suppliers are paid after 106 days, this is slower than average (34 days)
- Ease Development Services Limited
34 days - Industry AVG
Stock Days
it holds stock equivalent to 0 days, this is less than average (254 days)
- Ease Development Services Limited
254 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 5 weeks, this is less cash available to meet short term requirements (11 weeks)
5 weeks - Ease Development Services Limited
11 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 88.1%, this is a higher level of debt than the average (72.5%)
88.1% - Ease Development Services Limited
72.5% - Industry AVG
EASE DEVELOPMENT SERVICES LIMITED financials
Ease Development Services Limited's latest turnover from March 2014 is estimated at £7.8 million and the company has net assets of £281 thousand. According to their latest financial statements, we estimate that Ease Development Services Limited has 12 employees and maintains cash reserves of £232.6 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2014 | Mar 2013 | Mar 2012 | 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 | ||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2014 | Mar 2013 | Mar 2012 | Sep 2010 | |
|---|---|---|---|---|
| Tangible Assets | 106,106 | 74,159 | 0 | 5,979 |
| Intangible Assets | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 106,106 | 74,159 | 0 | 5,979 |
| Stock & work in progress | 4,386 | 94,392 | 0 | 0 |
| Trade Debtors | 2,027,421 | 1,127,805 | 314,839 | 208 |
| Group Debtors | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 |
| Cash | 232,569 | 281,217 | 0 | 3,661 |
| misc current assets | 0 | 0 | 0 | 0 |
| total current assets | 2,264,376 | 1,503,414 | 314,839 | 3,869 |
| total assets | 2,370,482 | 1,577,573 | 314,839 | 9,848 |
| Bank overdraft | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 |
| Trade Creditors | 2,018,834 | 1,216,195 | 102,455 | 9,681 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 |
| hp & lease commitments | 26,737 | 17,313 | 0 | 0 |
| other current liabilities | 0 | 0 | 0 | 0 |
| total current liabilities | 2,045,571 | 1,233,508 | 102,455 | 9,681 |
| loans | 0 | 0 | 0 | 0 |
| hp & lease commitments | 41,100 | 53,188 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 |
| provisions | 2,822 | 5,122 | 0 | 0 |
| total long term liabilities | 43,922 | 58,310 | 0 | 0 |
| total liabilities | 2,089,493 | 1,291,818 | 102,455 | 9,681 |
| net assets | 280,989 | 285,755 | 212,384 | 167 |
| total shareholders funds | 280,989 | 285,755 | 212,384 | 167 |
| Mar 2014 | Mar 2013 | Mar 2012 | Sep 2010 | |
|---|---|---|---|---|
| Operating Activities | ||||
| Operating Profit | ||||
| Depreciation | 31,691 | 18,878 | 0 | 1,993 |
| Amortisation | 0 | 0 | 0 | 0 |
| Tax | ||||
| Stock | -90,006 | 94,392 | 0 | 0 |
| Debtors | 899,616 | 812,966 | 314,839 | 208 |
| Creditors | 802,639 | 1,113,740 | 102,455 | 9,681 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | -2,300 | 5,122 | 0 | 0 |
| Cash flow from operations | ||||
| Investing Activities | ||||
| capital expenditure | ||||
| Change in Investments | 0 | 0 | 0 | 0 |
| cash flow from investments | ||||
| Financing Activities | ||||
| Bank loans | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | -2,664 | 70,501 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 |
| share issue | ||||
| interest | ||||
| cash flow from financing | ||||
| cash and cash equivalents | ||||
| cash | -48,648 | 281,217 | 0 | 3,661 |
| overdraft | 0 | 0 | 0 | 0 |
| change in cash | -48,648 | 281,217 | 0 | 3,661 |
ease development services limited Credit Report and Business Information
Ease Development Services Limited Competitor Analysis
Perform a competitor analysis for ease development services limited by selecting its closest rivals, whether from the CONSTRUCTION sector, other undefined companies, companies in EX1 area or any other competitors across 12 key performance metrics.
ease development services limited Ownership
EASE DEVELOPMENT SERVICES LIMITED group structure
Ease Development Services Limited has no subsidiary companies.
Ultimate parent company
EASE DEVELOPMENT SERVICES LIMITED
07012801
ease development services limited directors
Ease Development Services Limited currently has 2 directors. The longest serving directors include Mr Andrew Cook (Sep 2009) and Mr Dafydd Hollyman (Apr 2011).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Andrew Cook | United Kingdom | 57 years | Sep 2009 | - | Director |
| Mr Dafydd Hollyman | England | 49 years | Apr 2011 | - | Director |
P&L
March 2014turnover
7.8m
+78%
operating profit
-6.1k
0%
gross margin
11%
+2.34%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2014net assets
281k
-0.02%
total assets
2.4m
+0.5%
cash
232.6k
-0.17%
net assets
Total assets minus all liabilities
ease development services limited company details
company number
07012801
Type
Private limited with Share Capital
industry
41100 - Development of building projects
incorporation date
September 2009
age
16
incorporated
UK
ultimate parent company
accounts
Total Exemption Small
last accounts submitted
March 2014
previous names
N/A
accountant
-
auditor
-
address
2nd floor stratus house, exeter, devon, EX1 3QS
Bank
-
Legal Advisor
-
ease development services 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 did not find charges/mortgages relating to ease development services limited.
ease development services 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 EASE DEVELOPMENT SERVICES LIMITED. This can take several minutes, an email will notify you when this has completed.
ease development services limited Companies House Filings - See Documents
| date | description | view/download |
|---|
