Pomanda estimates the enterprise value of CUSICK DEVELOPMENTS LTD at £60k based on a Turnover of £221.7k and 0.27x industry multiple (adjusted for size and gross margin).
cusick developments ltdEstimated Valuation
£0
Pomanda estimates the enterprise value of CUSICK DEVELOPMENTS LTD at £0 based on an EBITDA of £-38.3k and a 2.43x industry multiple (adjusted for size and gross margin).
cusick developments ltdEstimated Valuation
£90.7k
Pomanda estimates the enterprise value of CUSICK DEVELOPMENTS LTD at £90.7k based on Net Assets of £67.6k and 1.34x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Cusick Developments LtdOverview
Cusick Developments Ltd is a dissolved company that was located in chorley, PR7 5BX with a Companies House number of 07234577. It operated in the construction of domestic buildings sector, SIC Code 41202. Founded in April 2010, it's largest shareholder was
steven cusick
with a 60% stake. The last turnover for Cusick Developments Ltd was estimated at £221.7k.
Pomanda's financial health check has awarded Cusick Developments Ltd a 2.5 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 7 areas for improvement. Company Health Check FAQs
Health Rating2.5out of 5
2 Strong
1 Regular
7 Weak
Size
annual sales of £221.7k, make it smaller than the average company (£515.8k)
£221.7k - Cusick Developments Ltd
£515.8k - Industry AVG
Growth
3 year (CAGR) sales growth of -38%, show it is growing at a slower rate (4.9%)
-38% - Cusick Developments Ltd
4.9% - Industry AVG
Production
with a gross margin of 10.3%, this company has a higher cost of product (19.4%)
10.3% - Cusick Developments Ltd
19.4% - Industry AVG
Profitability
an operating margin of -17.3% make it less profitable than the average company (5.9%)
-17.3% - Cusick Developments Ltd
5.9% - Industry AVG
Employees
with 1 employees, this is below the industry average (3)
1 - Cusick Developments Ltd
3 - Industry AVG
Pay Structure
on an average salary of £37k, the company has an equivalent pay structure (£37k)
£37k - Cusick Developments Ltd
£37k - Industry AVG
Efficiency
resulting in sales per employee of £221.7k, this is more efficient (£186.7k)
£221.7k - Cusick Developments Ltd
£186.7k - Industry AVG
Debtor Days
it gets paid by customers after 126 days, this is later than average (24 days)
126 days - Cusick Developments Ltd
24 days - Industry AVG
Creditor Days
its suppliers are paid after 19 days, this is quicker than average (30 days)
19 days - Cusick Developments Ltd
30 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Cusick Developments Ltd
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Cusick Developments Ltd
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 13.6%, this is a lower level of debt than the average (72.8%)
13.6% - Cusick Developments Ltd
72.8% - Industry AVG
CUSICK DEVELOPMENTS LTD financials
EXPORT
Cusick Developments Ltd's latest turnover from October 2020 is estimated at £221.7 thousand and the company has net assets of £67.6 thousand. According to their latest financial statements, we estimate that Cusick Developments Ltd has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Oct 2020
Oct 2019
Oct 2018
Oct 2017
Oct 2016
Oct 2015
Oct 2014
Oct 2013
Oct 2012
Oct 2011
Oct 2010
Turnover
221,670
312,793
536,236
927,470
362,356
225,820
319,771
736,253
374,222
260,213
Other Income Or Grants
Cost Of Sales
198,874
277,884
471,284
805,418
312,208
197,646
279,895
647,658
328,433
227,691
Gross Profit
22,796
34,909
64,952
122,053
50,148
28,174
39,876
88,594
45,789
32,522
Admin Expenses
61,095
38,208
88,632
73,367
37,510
20,632
11,060
40,882
52,713
912
Operating Profit
-38,299
-3,299
-23,680
48,686
12,638
7,542
28,816
47,712
-6,924
31,610
Interest Payable
Interest Receivable
136
187
393
330
121
291
209
Pre-Tax Profit
-38,299
-3,299
-23,680
48,822
12,825
7,935
29,146
47,832
-6,633
31,819
Tax
-9,276
-2,565
-1,587
-6,121
-11,001
-8,273
Profit After Tax
-38,299
-3,299
-23,680
39,546
10,260
6,348
23,025
36,831
-6,633
23,546
Dividends Paid
Retained Profit
-38,299
-3,299
-23,680
39,546
10,260
6,348
23,025
36,831
-6,633
23,546
Employee Costs
37,002
40,091
42,065
74,813
39,071
39,886
37,971
74,009
37,390
34,847
Number Of Employees
1
1
1
2
1
1
1
2
1
1
EBITDA*
-38,299
-3,299
-23,680
48,686
13,983
9,335
31,206
50,511
-3,194
32,122
* Earnings Before Interest, Tax, Depreciation and Amortisation
Oct 2020
Oct 2019
Oct 2018
Oct 2017
Oct 2016
Oct 2015
Oct 2014
Oct 2013
Oct 2012
Oct 2011
Oct 2010
Tangible Assets
1,271
1,698
2,266
3,023
4,032
5,377
7,170
8,393
11,192
1,538
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
1,271
1,698
2,266
3,023
4,032
5,377
7,170
8,393
11,192
1,538
Stock & work in progress
67,163
47,201
11,000
121,424
2,300
5,000
Trade Debtors
76,886
114,353
148,542
245,308
36,868
43,427
41,696
103,159
59,412
23,556
Group Debtors
Misc Debtors
125
147
Cash
108,866
40,446
116,599
15,239
33,064
83,406
misc current assets
1,313
1,188
total current assets
77,011
114,500
149,855
246,496
212,897
131,074
169,295
239,822
94,776
111,962
total assets
78,282
116,198
152,121
249,519
216,929
136,451
176,465
248,215
105,968
113,500
Bank overdraft
Bank loan
Trade Creditors
10,637
10,254
42,878
116,596
123,452
53,234
99,596
194,371
88,955
89,854
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
total current liabilities
10,637
10,254
42,878
116,596
123,452
53,234
99,596
194,371
88,955
89,854
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
total long term liabilities
total liabilities
10,637
10,254
42,878
116,596
123,452
53,234
99,596
194,371
88,955
89,854
net assets
67,645
105,944
109,243
132,923
93,477
83,217
76,869
53,844
17,013
23,646
total shareholders funds
67,645
105,944
109,243
132,923
93,477
83,217
76,869
53,844
17,013
23,646
Oct 2020
Oct 2019
Oct 2018
Oct 2017
Oct 2016
Oct 2015
Oct 2014
Oct 2013
Oct 2012
Oct 2011
Oct 2010
Operating Activities
Operating Profit
-38,299
-3,299
-23,680
48,686
12,638
7,542
28,816
47,712
-6,924
31,610
Depreciation
1,345
1,793
2,390
2,799
3,730
512
Amortisation
Tax
-9,276
-2,565
-1,587
-6,121
-11,001
-8,273
Stock
-67,163
19,962
36,201
-110,424
119,124
-2,700
5,000
Debtors
-37,489
-34,042
-96,766
208,440
-6,559
1,731
-61,463
43,747
35,856
23,556
Creditors
383
-32,624
-73,718
-6,856
70,218
-46,362
-94,775
105,416
-899
89,854
Accruals and Deferred Income
Deferred Taxes & Provisions
Cash flow from operations
-427
-1,881
-632
-108,723
68,233
-76,546
102,197
-17,945
-37,249
85,147
Investing Activities
capital expenditure
427
568
757
1,009
-1,167
-13,384
-2,050
Change in Investments
cash flow from investments
427
568
757
1,009
-1,167
-13,384
-2,050
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
-100
100
interest
136
187
393
330
121
291
209
cash flow from financing
36
187
393
330
121
291
309
cash and cash equivalents
cash
-108,866
68,420
-76,153
101,360
-17,825
-50,342
83,406
overdraft
change in cash
-108,866
68,420
-76,153
101,360
-17,825
-50,342
83,406
cusick developments ltd Credit Report and Business Information
Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
Get a comprehensive credit check for cusick developments ltd. Get real-time insights into cusick developments ltd's credit score, group structure and payment trends.
Perform a competitor analysis for cusick developments ltd by selecting its closest rivals, whether from the CONSTRUCTION sector, other undefined companies, companies in PR7 area or any other competitors across 12 key performance metrics.
cusick developments ltd Ownership
CUSICK DEVELOPMENTS LTD group structure
Cusick Developments Ltd has no subsidiary companies.
Ultimate parent company
CUSICK DEVELOPMENTS LTD
07234577
CUSICK DEVELOPMENTS LTD Shareholders
The largest shareholders in Cusick Developments Ltd include Steven Cusick and Paula Cusick.
steven cusick
60%
paula cusick
40%
cusick developments ltd directors
Cusick Developments Ltd currently has 1 director, Mr Steven Cusick serving since Apr 2010.
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 cusick developments ltd.
cusick developments 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 CUSICK DEVELOPMENTS LTD. This can take several minutes, an email will notify you when this has completed.
cusick developments ltdCompanies House Filings - See Documents
