development securities (launceston) limited
development securities (launceston) limited Company Information
Company Number
07459596
Next Accounts
Dec 2025
Directors
Shareholders
development securities (investment ventures) limited
Group Structure
View All
Industry
Non-trading company
Registered Address
100 victoria street, london, SW1E 5JL
development securities (launceston) limited Estimated Valuation
Pomanda estimates the enterprise value of DEVELOPMENT SECURITIES (LAUNCESTON) LIMITED at £0 based on a Turnover of £0 and 0.54x industry multiple (adjusted for size and gross margin).
development securities (launceston) limited Estimated Valuation
Pomanda estimates the enterprise value of DEVELOPMENT SECURITIES (LAUNCESTON) LIMITED at £5.7k based on an EBITDA of £1.3k and a 4.24x industry multiple (adjusted for size and gross margin).
development securities (launceston) limited Estimated Valuation
Pomanda estimates the enterprise value of DEVELOPMENT SECURITIES (LAUNCESTON) LIMITED at £886.1k based on Net Assets of £679k and 1.31x industry multiple (adjusted for liquidity).
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Development Securities (launceston) Limited Overview
Development Securities (launceston) Limited is a live company located in london, SW1E 5JL with a Companies House number of 07459596. It operates in the non-trading company sector, SIC Code 74990. Founded in December 2010, it's largest shareholder is development securities (investment ventures) limited with a 100% stake. Development Securities (launceston) Limited is a established, unknown sized company, Pomanda has estimated its turnover at £0 with unknown growth in recent years.
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Development Securities (launceston) Limited Health Check
Pomanda's financial health check has awarded Development Securities (Launceston) Limited a 1 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 1 areas for improvement. Company Health Check FAQs
1 Strong
0 Regular
1 Weak
Size
There is insufficient data available for this Key Performance Indicator!
- - Development Securities (launceston) Limited
- - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Development Securities (launceston) Limited
- - Industry AVG
Production
There is insufficient data available for this Key Performance Indicator!
- - Development Securities (launceston) Limited
- - Industry AVG
Profitability
There is insufficient data available for this Key Performance Indicator!
- - Development Securities (launceston) Limited
- - Industry AVG
Employees
with 1 employees, this is below the industry average (34)
- Development Securities (launceston) Limited
- - Industry AVG
Pay Structure
There is insufficient data available for this Key Performance Indicator!
- Development Securities (launceston) Limited
- - Industry AVG
Efficiency
There is insufficient data available for this Key Performance Indicator!
- Development Securities (launceston) Limited
- - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- - Development Securities (launceston) Limited
- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- - Development Securities (launceston) Limited
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Development Securities (launceston) Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Development Securities (launceston) Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 9.6%, this is a lower level of debt than the average (38.9%)
- - Development Securities (launceston) Limited
- - Industry AVG
DEVELOPMENT SECURITIES (LAUNCESTON) LIMITED financials
Development Securities (Launceston) Limited's latest turnover from March 2024 is 0 and the company has net assets of £679 thousand. According to their latest financial statements, we estimate that Development Securities (Launceston) Limited has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Feb 2018 | Feb 2017 | Feb 2016 | Feb 2015 | Feb 2014 | Feb 2013 | Feb 2012 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 16,000 | 1,004,000 | 426,582 | ||||||||||
| Other Income Or Grants | |||||||||||||
| Cost Of Sales | -1,000 | 3,000 | 550,000 | ||||||||||
| Gross Profit | 1,000 | 13,000 | 454,000 | 426,582 | |||||||||
| Admin Expenses | 27,775 | 350 | |||||||||||
| Operating Profit | 398,807 | -350 | -31,874 | -83,006 | -42,961 | -872 | |||||||
| Interest Payable | |||||||||||||
| Interest Receivable | 11,000 | 167 | |||||||||||
| Pre-Tax Profit | 1,000 | 13,000 | 465,000 | 167 | 398,807 | -350 | -31,874 | -83,006 | -42,961 | -39,716 | -95 | -872 | |
| Tax | |||||||||||||
| Profit After Tax | 1,000 | 13,000 | 465,000 | 167 | 398,807 | -350 | -31,874 | -83,006 | -42,961 | -39,716 | -95 | -872 | |
| Dividends Paid | |||||||||||||
| Retained Profit | 1,000 | 13,000 | 465,000 | 167 | 398,807 | -350 | -31,874 | -83,006 | -42,961 | -39,716 | -95 | -872 | |
| Employee Costs | |||||||||||||
| Number Of Employees | 4 | 3 | 3 | 3 | 3 | 5 | 4 | 4 | 4 | ||||
| EBITDA* | 398,807 | -350 | -31,874 | -83,006 | -42,961 | -872 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Feb 2018 | Feb 2017 | Feb 2016 | Feb 2015 | Feb 2014 | Feb 2013 | Feb 2012 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | |||||||||||||
| Intangible Assets | |||||||||||||
| Investments & Other | |||||||||||||
| Debtors (Due After 1 year) | |||||||||||||
| Total Fixed Assets | |||||||||||||
| Stock & work in progress | |||||||||||||
| Trade Debtors | 1,116,000 | ||||||||||||
| Group Debtors | 584,000 | 600,000 | 30,000 | 130,661 | 170,411 | 214,115 | |||||||
| Misc Debtors | 167,000 | 153,000 | 151,000 | 72,940 | 39,591 | 25,476 | 5,914 | 1,930,839 | 1,549,395 | 812,350 | 533,531 | 343,927 | 54,242 |
| Cash | |||||||||||||
| misc current assets | |||||||||||||
| total current assets | 751,000 | 753,000 | 1,297,000 | 203,601 | 210,002 | 239,591 | 5,914 | 1,930,839 | 1,549,395 | 812,350 | 533,531 | 343,927 | 54,242 |
| total assets | 751,000 | 753,000 | 1,297,000 | 203,601 | 210,002 | 239,591 | 5,914 | 1,930,839 | 1,549,395 | 812,350 | 533,531 | 343,927 | 54,242 |
| Bank overdraft | |||||||||||||
| Bank loan | |||||||||||||
| Trade Creditors | 82,000 | 3,720 | 11,880 | 3,000 | |||||||||
| Group/Directors Accounts | 133,427 | 2,112,608 | 1,686,187 | 858,042 | 574,213 | 344,893 | 10,296 | ||||||
| other short term finances | |||||||||||||
| hp & lease commitments | |||||||||||||
| other current liabilities | 72,000 | 75,000 | 550,000 | 3,500 | 6,181 | 27,777 | 68,360 | 16,754 | 29,857 | 37,951 | 44,817 | ||
| total current liabilities | 72,000 | 75,000 | 632,000 | 3,500 | 9,901 | 39,657 | 204,787 | 2,129,362 | 1,716,044 | 895,993 | 574,213 | 344,893 | 55,113 |
| loans | |||||||||||||
| hp & lease commitments | |||||||||||||
| Accruals and Deferred Income | |||||||||||||
| other liabilities | |||||||||||||
| provisions | |||||||||||||
| total long term liabilities | |||||||||||||
| total liabilities | 72,000 | 75,000 | 632,000 | 3,500 | 9,901 | 39,657 | 204,787 | 2,129,362 | 1,716,044 | 895,993 | 574,213 | 344,893 | 55,113 |
| net assets | 679,000 | 678,000 | 665,000 | 200,101 | 200,101 | 199,934 | -198,873 | -198,523 | -166,649 | -83,643 | -40,682 | -966 | -871 |
| total shareholders funds | 679,000 | 678,000 | 665,000 | 200,101 | 200,101 | 199,934 | -198,873 | -198,523 | -166,649 | -83,643 | -40,682 | -966 | -871 |
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Feb 2018 | Feb 2017 | Feb 2016 | Feb 2015 | Feb 2014 | Feb 2013 | Feb 2012 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||
| Operating Profit | 398,807 | -350 | -31,874 | -83,006 | -42,961 | -872 | |||||||
| Depreciation | |||||||||||||
| Amortisation | |||||||||||||
| Tax | |||||||||||||
| Stock | |||||||||||||
| Debtors | -2,000 | -544,000 | 1,093,399 | -6,401 | -29,589 | 233,677 | -1,924,925 | 381,444 | 737,045 | 278,819 | 189,604 | 289,685 | 54,242 |
| Creditors | -82,000 | 82,000 | -3,720 | -8,160 | 8,880 | 3,000 | |||||||
| Accruals and Deferred Income | -3,000 | -475,000 | 546,500 | -2,681 | -21,596 | -40,583 | 51,606 | -13,103 | -8,094 | 37,951 | -44,817 | 44,817 | |
| Deferred Taxes & Provisions | |||||||||||||
| Cash flow from operations | -167 | 133,427 | 1,979,181 | -426,421 | -828,145 | -283,829 | -10,297 | ||||||
| Investing Activities | |||||||||||||
| capital expenditure | |||||||||||||
| Change in Investments | |||||||||||||
| cash flow from investments | |||||||||||||
| Financing Activities | |||||||||||||
| Bank loans | |||||||||||||
| Group/Directors Accounts | -133,427 | -1,979,181 | 426,421 | 828,145 | 283,829 | 229,320 | 334,597 | 10,296 | |||||
| Other Short Term Loans | |||||||||||||
| Long term loans | |||||||||||||
| Hire Purchase and Lease Commitments | |||||||||||||
| other long term liabilities | |||||||||||||
| share issue | |||||||||||||
| interest | 11,000 | 167 | |||||||||||
| cash flow from financing | 10,899 | 167 | -133,427 | -1,979,181 | 426,421 | 828,145 | 283,829 | 229,320 | 334,597 | 10,297 | |||
| cash and cash equivalents | |||||||||||||
| cash | |||||||||||||
| overdraft | |||||||||||||
| change in cash |
development securities (launceston) limited Credit Report and Business Information
Development Securities (launceston) Limited Competitor Analysis
Perform a competitor analysis for development securities (launceston) limited by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other established companies, companies in SW1E area or any other competitors across 12 key performance metrics.
development securities (launceston) limited Ownership
DEVELOPMENT SECURITIES (LAUNCESTON) LIMITED group structure
Development Securities (Launceston) Limited has no subsidiary companies.
Ultimate parent company
2 parents
DEVELOPMENT SECURITIES (LAUNCESTON) LIMITED
07459596
development securities (launceston) limited directors
Development Securities (Launceston) Limited currently has 1 director, Mr Michael Hood serving since Jun 2021.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Michael Hood | United Kingdom | 48 years | Jun 2021 | - | Director |
P&L
March 2024turnover
0
-100%
operating profit
1.3k
0%
gross margin
null%
%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2024net assets
679k
0%
total assets
751k
0%
cash
0
0%
net assets
Total assets minus all liabilities
development securities (launceston) limited company details
company number
07459596
Type
Private limited with Share Capital
industry
74990 - Non-trading company
incorporation date
December 2010
age
15
incorporated
UK
ultimate parent company
accounts
Audit Exemption Subsidiary
last accounts submitted
March 2024
previous names
development securities (no.63) limited (February 2011)
accountant
-
auditor
-
address
100 victoria street, london, SW1E 5JL
Bank
-
Legal Advisor
-
development securities (launceston) 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 development securities (launceston) limited.
development securities (launceston) 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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development securities (launceston) limited Companies House Filings - See Documents
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