east london developments limited

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east london developments limited Company Information

Share EAST LONDON DEVELOPMENTS LIMITED

Company Number

07148642

Shareholders

temur iqbal mir

nasir iqbal

Group Structure

View All

Industry

Renting and operating of Housing Association real estate

 

Registered Address

suite 2 223 ilford lane, ilford, essex, IG1 2RZ

Website

-

east london developments limited Estimated Valuation

£499.3k

Pomanda estimates the enterprise value of EAST LONDON DEVELOPMENTS LIMITED at £499.3k based on a Turnover of £179.7k and 2.78x industry multiple (adjusted for size and gross margin).

east london developments limited Estimated Valuation

£9.7k

Pomanda estimates the enterprise value of EAST LONDON DEVELOPMENTS LIMITED at £9.7k based on an EBITDA of £2k and a 4.93x industry multiple (adjusted for size and gross margin).

east london developments limited Estimated Valuation

£16.9k

Pomanda estimates the enterprise value of EAST LONDON DEVELOPMENTS LIMITED at £16.9k based on Net Assets of £9.4k and 1.8x industry multiple (adjusted for liquidity).

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East London Developments Limited Overview

East London Developments Limited is a live company located in essex, IG1 2RZ with a Companies House number of 07148642. It operates in the renting and operating of housing association real estate sector, SIC Code 68201. Founded in February 2010, it's largest shareholder is temur iqbal mir with a 50% stake. East London Developments Limited is a established, micro sized company, Pomanda has estimated its turnover at £179.7k with declining growth in recent years.

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East London Developments Limited Health Check

Pomanda's financial health check has awarded East London Developments Limited a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 7 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating1.5out of 5
positive_score

1 Strong

positive_score

2 Regular

positive_score

7 Weak

size

Size

annual sales of £179.7k, make it smaller than the average company (£1.2m)

£179.7k - East London Developments Limited

£1.2m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -5%, show it is growing at a slower rate (4.1%)

-5% - East London Developments Limited

4.1% - Industry AVG

production

Production

with a gross margin of 22.9%, this company has a higher cost of product (64.5%)

22.9% - East London Developments Limited

64.5% - Industry AVG

profitability

Profitability

an operating margin of 1.1% make it less profitable than the average company (18%)

1.1% - East London Developments Limited

18% - Industry AVG

employees

Employees

with 2 employees, this is below the industry average (5)

2 - East London Developments Limited

5 - Industry AVG

paystructure

Pay Structure

on an average salary of £34.4k, the company has an equivalent pay structure (£34.4k)

£34.4k - East London Developments Limited

£34.4k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £89.9k, this is less efficient (£162k)

£89.9k - East London Developments Limited

£162k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 68 days, this is later than average (19 days)

68 days - East London Developments Limited

19 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 66 days, this is slower than average (33 days)

66 days - East London Developments Limited

33 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - East London Developments Limited

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - East London Developments Limited

- - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 72.9%, this is a similar level of debt than the average (69.8%)

72.9% - East London Developments Limited

69.8% - Industry AVG

EAST LONDON DEVELOPMENTS LIMITED financials

EXPORTms excel logo

East London Developments Limited's latest turnover from February 2024 is estimated at £179.7 thousand and the company has net assets of £9.4 thousand. According to their latest financial statements, East London Developments Limited has 2 employees and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Feb 2024Feb 2023Feb 2022Feb 2021Feb 2020Feb 2019Feb 2018Feb 2017Feb 2016Feb 2015Feb 2014Feb 2013Feb 2012Feb 2011
Turnover179,714179,843137,372212,375206,548257,906310,30324,69026,34317,83513,1162,231
Other Income Or Grants
Cost Of Sales138,591136,62094,884139,873143,795180,839210,59716,75320,06513,9319,5981,709
Gross Profit41,12343,22342,48872,50262,75377,06799,7067,9376,2783,9043,518521
Admin Expenses39,15234,66345,74475,80561,15175,65298,5406,7655,3752,5473,832-533
Operating Profit1,9718,560-3,256-3,3031,6021,4151,1661,1729031,357-3141,054
Interest Payable
Interest Receivable10716239929012820
Pre-Tax Profit1,9718,560-3,256-3,3031,6021,4151,2731,3341,3031,647-1861,074
Tax-493-1,626-304-269-242-267-260-346-258
Profit After Tax1,4786,934-3,256-3,3031,2981,1461,0311,0671,0421,301-186816
Dividends Paid
Retained Profit1,4786,934-3,256-3,3031,2981,1461,0311,0671,0421,301-186816
Employee Costs68,84868,26568,13764,15892,35687,98426,38626,25025,80027,50026,71426,662
Number Of Employees222233111111
EBITDA*1,9718,560-3,256-3,3031,6021,4151,1661,2289651,426-2381,139

* Earnings Before Interest, Tax, Depreciation and Amortisation

Feb 2024Feb 2023Feb 2022Feb 2021Feb 2020Feb 2019Feb 2018Feb 2017Feb 2016Feb 2015Feb 2014Feb 2013Feb 2012Feb 2011
Tangible Assets7658509441,049366407452502558620689765
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets7658509441,049366407452502558620689765
Stock & work in progress
Trade Debtors33,74433,41429,42550,28436,16344,03752,5011,500145150115
Group Debtors
Misc Debtors
Cash42,74386,64273,05143,0227,984
misc current assets
total current assets33,74433,41429,42550,28436,16344,03752,50142,74388,14273,19643,1728,099
total assets34,50934,26430,36951,33336,52944,44452,95343,24588,70073,81643,8618,864
Bank overdraft
Bank loan
Trade Creditors 25,14126,37429,41347,12129,01438,22747,88239,10585,62771,78543,2308,047
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
total current liabilities25,14126,37429,41347,12129,01438,22747,88239,10585,62771,78543,2308,047
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
total long term liabilities
total liabilities25,14126,37429,41347,12129,01438,22747,88239,10585,62771,78543,2308,047
net assets9,3687,8909564,2127,5156,2175,0714,1403,0732,031631817
total shareholders funds9,3687,8909564,2127,5156,2175,0714,1403,0732,031631817
Feb 2024Feb 2023Feb 2022Feb 2021Feb 2020Feb 2019Feb 2018Feb 2017Feb 2016Feb 2015Feb 2014Feb 2013Feb 2012Feb 2011
Operating Activities
Operating Profit1,9718,560-3,256-3,3031,6021,4151,1661,1729031,357-3141,054
Depreciation5662697685
Amortisation
Tax-493-1,626-304-269-242-267-260-346-258
Stock
Debtors3303,989-20,85914,121-7,874-8,46452,501-1,5001,355-535115
Creditors-1,233-3,039-17,70818,107-9,213-9,6558,777-46,52213,84228,55535,1838,047
Accruals and Deferred Income
Deferred Taxes & Provisions
Cash flow from operations-85-94-105683-41-45-42,800-44,06113,19229,64034,9108,813
Investing Activities
capital expenditure8594105-683414550-850
Change in Investments
cash flow from investments8594105-683414550-850
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
share issue-100991
interest10716239929012820
cash flow from financing716239938912821
cash and cash equivalents
cash-42,743-43,89913,59130,02935,0387,984
overdraft
change in cash-42,743-43,89913,59130,02935,0387,984

east london developments limited Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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East London Developments Limited Competitor Analysis

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Perform a competitor analysis for east london developments limited by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other micro companies, companies in IG1 area or any other competitors across 12 key performance metrics.

east london developments limited Ownership

EAST LONDON DEVELOPMENTS LIMITED group structure

East London Developments Limited has no subsidiary companies.

Ultimate parent company

EAST LONDON DEVELOPMENTS LIMITED

07148642

EAST LONDON DEVELOPMENTS LIMITED Shareholders

temur iqbal mir 50%
nasir iqbal 50%

east london developments limited directors

East London Developments Limited currently has 2 directors. The longest serving directors include Mr Temur Mir (Feb 2010) and Mr Nasir Iqbal (Feb 2012).

officercountryagestartendrole
Mr Temur MirEngland54 years Feb 2010- Director
Mr Nasir IqbalEngland50 years Feb 2012- Director

P&L

February 2024

turnover

179.7k

0%

operating profit

2k

0%

gross margin

22.9%

-4.79%

turnover

Turnover, or revenue, is the amount of sales generated by a company within the financial year.

Balance Sheet

February 2024

net assets

9.4k

+0.19%

total assets

34.5k

+0.01%

cash

0

0%

net assets

Total assets minus all liabilities

east london developments limited company details

company number

07148642

Type

Private limited with Share Capital

industry

68201 - Renting and operating of Housing Association real estate

incorporation date

February 2010

age

15

incorporated

UK

ultimate parent company

None

accounts

Micro-Entity Accounts

last accounts submitted

February 2024

previous names

N/A

accountant

-

auditor

-

address

suite 2 223 ilford lane, ilford, essex, IG1 2RZ

Bank

-

Legal Advisor

-

east london 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 east london developments limited.

east london 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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east london developments limited Companies House Filings - See Documents

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