first industrial developments limited
first industrial developments limited Company Information
Company Number
07024125
Registered Address
the old rectory rectory lane, whatcote, CV36 5EB
Industry
Specialised construction activities (other than scaffold erection) n.e.c.
Telephone
01215130000
Next Accounts Due
September 2024
Group Structure
View All
Shareholders
matthew byrom 60%
oliver charles robert bertram 20%
View Allfirst industrial developments limited Estimated Valuation
Pomanda estimates the enterprise value of FIRST INDUSTRIAL DEVELOPMENTS LIMITED at £11.7m based on a Turnover of £28.4m and 0.41x industry multiple (adjusted for size and gross margin).
first industrial developments limited Estimated Valuation
Pomanda estimates the enterprise value of FIRST INDUSTRIAL DEVELOPMENTS LIMITED at £0 based on an EBITDA of £-730.9k and a 5.5x industry multiple (adjusted for size and gross margin).
first industrial developments limited Estimated Valuation
Pomanda estimates the enterprise value of FIRST INDUSTRIAL DEVELOPMENTS LIMITED at £111.8k based on Net Assets of £55.2k and 2.03x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
First Industrial Developments Limited Overview
First Industrial Developments Limited is a live company located in whatcote, CV36 5EB with a Companies House number of 07024125. It operates in the other specialised construction activities n.e.c. sector, SIC Code 43999. Founded in September 2009, it's largest shareholder is matthew byrom with a 60% stake. First Industrial Developments Limited is a established, large sized company, Pomanda has estimated its turnover at £28.4m with declining growth in recent years.
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First Industrial Developments Limited Health Check
Pomanda's financial health check has awarded First Industrial Developments Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 6 areas for improvement. Company Health Check FAQs
4 Strong
1 Regular
6 Weak
Size
annual sales of £28.4m, make it larger than the average company (£6.2m)
- First Industrial Developments Limited
£6.2m - Industry AVG
Growth
3 year (CAGR) sales growth of -12%, show it is growing at a slower rate (4.4%)
- First Industrial Developments Limited
4.4% - Industry AVG
Production
with a gross margin of 13%, this company has a higher cost of product (24.2%)
- First Industrial Developments Limited
24.2% - Industry AVG
Profitability
an operating margin of -2.6% make it less profitable than the average company (5.4%)
- First Industrial Developments Limited
5.4% - Industry AVG
Employees
with 75 employees, this is above the industry average (31)
- First Industrial Developments Limited
31 - Industry AVG
Pay Structure
on an average salary of £45.4k, the company has an equivalent pay structure (£45.4k)
- First Industrial Developments Limited
£45.4k - Industry AVG
Efficiency
resulting in sales per employee of £378.7k, this is more efficient (£183.5k)
- First Industrial Developments Limited
£183.5k - Industry AVG
Debtor Days
it gets paid by customers after 81 days, this is later than average (57 days)
- First Industrial Developments Limited
57 days - Industry AVG
Creditor Days
its suppliers are paid after 96 days, this is slower than average (39 days)
- First Industrial Developments Limited
39 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- First Industrial Developments Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 2 weeks, this is less cash available to meet short term requirements (19 weeks)
2 weeks - First Industrial Developments Limited
19 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 99.2%, this is a higher level of debt than the average (62.9%)
99.2% - First Industrial Developments Limited
62.9% - Industry AVG
FIRST INDUSTRIAL DEVELOPMENTS LIMITED financials
First Industrial Developments Limited's latest turnover from December 2022 is estimated at £28.4 million and the company has net assets of £55.2 thousand. According to their latest financial statements, we estimate that First Industrial Developments Limited has 75 employees and maintains cash reserves of £251.5 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 2,936,119 | 2,253,331 | 159,706 | ||||||||||
| Other Income Or Grants | 0 | 0 | 0 | ||||||||||
| Cost Of Sales | 1,241,538 | 43,099 | 0 | ||||||||||
| Gross Profit | 1,694,581 | 2,210,232 | 159,706 | ||||||||||
| Admin Expenses | 924,058 | 1,016,117 | 340,823 | ||||||||||
| Operating Profit | 770,523 | 1,194,115 | -181,117 | ||||||||||
| Interest Payable | 1,212 | 862 | 471 | ||||||||||
| Interest Receivable | 1,557 | 969 | 138 | ||||||||||
| Pre-Tax Profit | 770,868 | 1,194,222 | -181,450 | ||||||||||
| Tax | -195,325 | -314,614 | 43,925 | ||||||||||
| Profit After Tax | 575,543 | 879,608 | -137,525 | ||||||||||
| Dividends Paid | 0 | 0 | 0 | ||||||||||
| Retained Profit | 575,543 | 879,608 | -137,525 | ||||||||||
| Employee Costs | 658,885 | 831,018 | 208,903 | ||||||||||
| Number Of Employees | 10 | 9 | 9 | 7 | 7 | 5 | |||||||
| EBITDA* | 782,238 | 1,194,505 | -181,117 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 0 | 0 | 1,602 | 9,695 | 19,242 | 32,180 | 47,720 | 43,716 | 61,315 | 59,627 | 64,535 | 67,390 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 300 | 866 | 268,643 | 268,643 | 555,866 | 555,866 | 866 | 866 | 866 | 866 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 300 | 866 | 270,245 | 278,338 | 575,108 | 588,046 | 48,586 | 44,582 | 62,181 | 60,493 | 64,535 | 67,390 | 0 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 93 | 0 |
| Trade Debtors | 6,314,926 | 1,783,945 | 1,406,272 | 4,302,561 | 2,957,019 | 1,906,060 | 1,559,766 | 6,000 | 0 | 2,721,585 | 333,688 | 706,813 | 164,155 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1,000,000 | 1,744,619 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 53,654 | 256,296 | 200,000 | 890,288 | 546,144 | 80,841 |
| Cash | 251,526 | 931,556 | 184,902 | 12,074,718 | 131,359 | 704,805 | 4,060,315 | 2,542,326 | 2,360,363 | 583,595 | 636,030 | 1,086,874 | 43,708 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 6,566,452 | 2,715,501 | 1,591,174 | 16,377,279 | 3,088,378 | 2,610,865 | 5,620,081 | 3,601,980 | 4,361,278 | 3,505,180 | 1,860,006 | 2,339,924 | 288,704 |
| total assets | 6,566,752 | 2,716,367 | 1,861,419 | 16,655,617 | 3,663,486 | 3,198,911 | 5,668,667 | 3,646,562 | 4,423,459 | 3,565,673 | 1,924,541 | 2,407,314 | 288,704 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 6,511,553 | 1,950,972 | 1,200,510 | 15,542,686 | 401,918 | 1,954,524 | 5,449,395 | 21,207 | 44,182 | 1,587,993 | 50,930 | 133,890 | 3,481 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 42,605 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 122,800 | 606,450 | 356,420 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 203,703 | 1,224,495 | 0 | 425,044 | 917,998 | 66,228 |
| total current liabilities | 6,511,553 | 1,950,972 | 1,200,510 | 15,542,686 | 401,918 | 1,954,524 | 5,449,395 | 267,515 | 1,268,677 | 1,587,993 | 598,774 | 1,658,338 | 426,129 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 830 | 1,775 | 6,114 | 5,740 | 4,229 | 7,810 | 5,526 | 8,041 | 6,793 | 0 |
| total long term liabilities | 0 | 0 | 0 | 830 | 1,775 | 6,114 | 5,740 | 4,229 | 7,810 | 5,526 | 8,041 | 6,793 | 0 |
| total liabilities | 6,511,553 | 1,950,972 | 1,200,510 | 15,543,516 | 403,693 | 1,960,638 | 5,455,135 | 271,744 | 1,276,487 | 1,593,519 | 606,815 | 1,665,131 | 426,129 |
| net assets | 55,199 | 765,395 | 660,909 | 1,112,101 | 3,259,793 | 1,238,273 | 213,532 | 3,374,818 | 3,146,972 | 1,972,154 | 1,317,726 | 742,183 | -137,425 |
| total shareholders funds | 55,199 | 765,395 | 660,909 | 1,112,101 | 3,259,793 | 1,238,273 | 213,532 | 3,374,818 | 3,146,972 | 1,972,154 | 1,317,726 | 742,183 | -137,425 |
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||
| Operating Profit | 770,523 | 1,194,115 | -181,117 | ||||||||||
| Depreciation | 0 | 1,602 | 8,093 | 9,547 | 12,673 | 15,540 | 17,973 | 17,107 | 16,616 | 13,950 | 11,715 | 390 | 0 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | -195,325 | -314,614 | 43,925 | ||||||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -93 | 93 | 0 |
| Debtors | 4,530,981 | 377,673 | -2,896,289 | 1,345,542 | 1,050,959 | 346,294 | 500,112 | -941,261 | -920,670 | 1,697,609 | -28,981 | 1,007,961 | 244,996 |
| Creditors | 4,560,581 | 750,462 | -14,342,176 | 15,140,768 | -1,552,606 | -3,494,871 | 5,428,188 | -22,975 | -1,543,811 | 1,537,063 | -82,960 | 130,409 | 3,481 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | -203,703 | -1,020,792 | 1,224,495 | -425,044 | -492,954 | 851,770 | 66,228 |
| Deferred Taxes & Provisions | 0 | 0 | -830 | -945 | -4,339 | 374 | 1,511 | -3,581 | 2,284 | -2,515 | 1,248 | 6,793 | 0 |
| Cash flow from operations | 41,321 | 860,809 | -312,479 | ||||||||||
| Investing Activities | |||||||||||||
| capital expenditure | |||||||||||||
| Change in Investments | -566 | -267,777 | 0 | -287,223 | 0 | 555,000 | 0 | 0 | 0 | 866 | 0 | 0 | 0 |
| cash flow from investments | |||||||||||||
| Financing Activities | |||||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | -42,605 | 42,605 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -122,800 | -483,650 | 250,030 | 356,420 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||||||||||
| interest | 345 | 107 | -333 | ||||||||||
| cash flow from financing | -483,305 | 250,137 | 356,187 | ||||||||||
| cash and cash equivalents | |||||||||||||
| cash | -680,030 | 746,654 | -11,889,816 | 11,943,359 | -573,446 | -3,355,510 | 1,517,989 | 181,963 | 1,776,768 | -52,435 | -450,844 | 1,043,166 | 43,708 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -680,030 | 746,654 | -11,889,816 | 11,943,359 | -573,446 | -3,355,510 | 1,517,989 | 181,963 | 1,776,768 | -52,435 | -450,844 | 1,043,166 | 43,708 |
first industrial developments limited Credit Report and Business Information
First Industrial Developments Limited Competitor Analysis
Perform a competitor analysis for first industrial developments limited by selecting its closest rivals and benchmarking them against 12 key performance metrics.
first industrial developments limited Ownership
FIRST INDUSTRIAL DEVELOPMENTS LIMITED group structure
First Industrial Developments Limited has 2 subsidiary companies.
Ultimate parent company
FIRST INDUSTRIAL DEVELOPMENTS LIMITED
07024125
2 subsidiaries
first industrial developments limited directors
First Industrial Developments Limited currently has 4 directors. The longest serving directors include Mr Matthew Byrom (Sep 2009) and Mr Terence Lister (Sep 2009).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Matthew Byrom | England | 49 years | Sep 2009 | - | Director |
| Mr Terence Lister | 81 years | Sep 2009 | - | Director | |
| Mr John Taylor | England | 57 years | Mar 2010 | - | Director |
| Mr Oliver Bertram | United Kingdom | 44 years | Oct 2018 | - | Director |
P&L
December 2022turnover
28.4m
+273%
operating profit
-730.9k
0%
gross margin
13%
+2.41%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2022net assets
55.2k
-0.93%
total assets
6.6m
+1.42%
cash
251.5k
-0.73%
net assets
Total assets minus all liabilities
Similar Companies
first industrial developments limited company details
company number
07024125
Type
Private limited with Share Capital
industry
43999 - Specialised construction activities (other than scaffold erection) n.e.c.
incorporation date
September 2009
age
15
accounts
Audited Abridged
ultimate parent company
previous names
N/A
incorporated
UK
address
the old rectory rectory lane, whatcote, CV36 5EB
last accounts submitted
December 2022
first industrial 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 did not find charges/mortgages relating to first industrial developments limited.
first industrial developments limited Companies House Filings - See Documents
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