solitaire developments (uk) limited

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solitaire developments (uk) limited Company Information

Share SOLITAIRE DEVELOPMENTS (UK) LIMITED

Company Number

07549597

Directors

Hassan Makke

Shareholders

jamal makke

Group Structure

View All

Industry

Hotels and similar accommodation

 

Registered Address

16 westbourne street, london, W2 2TZ

Website

-

solitaire developments (uk) limited Estimated Valuation

£1.3m

Pomanda estimates the enterprise value of SOLITAIRE DEVELOPMENTS (UK) LIMITED at £1.3m based on a Turnover of £1.3m and 0.96x industry multiple (adjusted for size and gross margin).

solitaire developments (uk) limited Estimated Valuation

£383.3k

Pomanda estimates the enterprise value of SOLITAIRE DEVELOPMENTS (UK) LIMITED at £383.3k based on an EBITDA of £100.2k and a 3.82x industry multiple (adjusted for size and gross margin).

solitaire developments (uk) limited Estimated Valuation

£0

Pomanda estimates the enterprise value of SOLITAIRE DEVELOPMENTS (UK) LIMITED at £0 based on Net Assets of £-479.5k and 2.16x industry multiple (adjusted for liquidity).

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Solitaire Developments (uk) Limited Overview

Solitaire Developments (uk) Limited is a live company located in london, W2 2TZ with a Companies House number of 07549597. It operates in the hotels and similar accommodation sector, SIC Code 55100. Founded in March 2011, it's largest shareholder is jamal makke with a 100% stake. Solitaire Developments (uk) Limited is a established, small sized company, Pomanda has estimated its turnover at £1.3m with declining growth in recent years.

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Solitaire Developments (uk) Limited Health Check

Pomanda's financial health check has awarded Solitaire Developments (Uk) Limited a 2 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 Check Image
Health Rating2out of 5
positive_score

2 Strong

positive_score

1 Regular

positive_score

7 Weak

size

Size

annual sales of £1.3m, make it smaller than the average company (£4.7m)

£1.3m - Solitaire Developments (uk) Limited

£4.7m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -7%, show it is growing at a slower rate (1.6%)

-7% - Solitaire Developments (uk) Limited

1.6% - Industry AVG

production

Production

with a gross margin of 44.3%, this company has a higher cost of product (63.7%)

44.3% - Solitaire Developments (uk) Limited

63.7% - Industry AVG

profitability

Profitability

an operating margin of 7.5% make it less profitable than the average company (9.4%)

7.5% - Solitaire Developments (uk) Limited

9.4% - Industry AVG

employees

Employees

with 11 employees, this is below the industry average (77)

11 - Solitaire Developments (uk) Limited

77 - Industry AVG

paystructure

Pay Structure

on an average salary of £22.2k, the company has an equivalent pay structure (£22.2k)

£22.2k - Solitaire Developments (uk) Limited

£22.2k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £121.6k, this is more efficient (£65.1k)

£121.6k - Solitaire Developments (uk) Limited

£65.1k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 34 days, this is later than average (8 days)

34 days - Solitaire Developments (uk) Limited

8 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 302 days, this is slower than average (50 days)

302 days - Solitaire Developments (uk) Limited

50 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Solitaire Developments (uk) Limited

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - Solitaire Developments (uk) Limited

- - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 400.6%, this is a higher level of debt than the average (75%)

400.6% - Solitaire Developments (uk) Limited

75% - Industry AVG

SOLITAIRE DEVELOPMENTS (UK) LIMITED financials

EXPORTms excel logo

Solitaire Developments (Uk) Limited's latest turnover from March 2023 is estimated at £1.3 million and the company has net assets of -£479.5 thousand. According to their latest financial statements, Solitaire Developments (Uk) Limited has 11 employees and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012
Turnover1,337,812747,5211,254,2381,648,4443,570,8881,965,4656,570,6863,684,2693,302,6873,615,8921,406,56455,851
Other Income Or Grants000000000000
Cost Of Sales745,109485,734965,205947,0572,001,0341,103,7563,676,0642,093,1581,852,9412,109,136834,70333,001
Gross Profit592,704261,787289,033701,3871,569,854861,7092,894,6221,591,1111,449,7461,506,757571,86022,849
Admin Expenses492,473359,710361,899710,5411,402,618952,9582,943,2761,591,1911,573,5691,634,677610,367110,365
Operating Profit100,231-97,923-72,866-9,154167,236-91,249-48,654-80-123,823-127,920-38,507-87,516
Interest Payable000000000000
Interest Receivable000000208039762033370
Pre-Tax Profit100,231-97,923-72,866-9,154167,236-91,249-48,6340-123,426-127,300-38,174-87,447
Tax-19,044000-31,7750000000
Profit After Tax81,187-97,923-72,866-9,154135,461-91,249-48,6340-123,426-127,300-38,174-87,447
Dividends Paid000000000000
Retained Profit81,187-97,923-72,866-9,154135,461-91,249-48,6340-123,426-127,300-38,174-87,447
Employee Costs244,607179,155150,406154,854748,333411,2541,338,431753,484687,081738,622302,85715,156
Number Of Employees11988402378454348201
EBITDA*100,231-97,923-72,866-9,154167,236-91,249-48,654-80-123,823-122,862-38,507-87,245

* Earnings Before Interest, Tax, Depreciation and Amortisation

Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012
Tangible Assets31,39834,53233,28147,40262,62076,36565,05826,84026,84015,1763,327811
Intangible Assets000000000000
Investments & Other000000000000
Debtors (Due After 1 year)000000000020,2300
Total Fixed Assets31,39834,53233,28147,40262,62076,36565,05826,84026,84015,17623,557811
Stock & work in progress000000000000
Trade Debtors128,13489,116116,385155,208179,153103,860343,664189,992189,992208,65179,8090
Group Debtors000000000000
Misc Debtors000000000000
Cash000000016,03416,034142,702105,43827,798
misc current assets000000000000
total current assets128,13489,116116,385155,208179,153103,860343,664206,026206,026351,353185,24727,798
total assets159,532123,648149,666202,610241,773180,225408,722232,866232,866366,529208,80428,609
Bank overdraft000000000000
Bank loan000000000000
Trade Creditors 618,318653,621570,788592,533622,54216,975166,673221,992221,992111,42766,40242,836
Group/Directors Accounts000000000000
other short term finances000000000000
hp & lease commitments000000000000
other current liabilities000000000000
total current liabilities618,318653,621570,788592,533622,54216,975166,673221,992221,992111,42766,40242,836
loans000000000000
hp & lease commitments000000000000
Accruals and Deferred Income000000000000
other liabilities20,73930,73941,66700679,480667,030387,121387,121507,923267,92373,120
provisions000000000000
total long term liabilities20,73930,73941,66700679,480667,030387,121387,121507,923267,92373,120
total liabilities639,057684,360612,455592,533622,542696,455833,703609,113609,113619,350334,325115,956
net assets-479,525-560,712-462,789-389,923-380,769-516,230-424,981-376,247-376,247-252,821-125,521-87,347
total shareholders funds-479,525-560,712-462,789-389,923-380,769-516,230-424,981-376,247-376,247-252,821-125,521-87,347
Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012
Operating Activities
Operating Profit100,231-97,923-72,866-9,154167,236-91,249-48,654-80-123,823-127,920-38,507-87,516
Depreciation0000000005,0580271
Amortisation000000000000
Tax-19,044000-31,7750000000
Stock000000000000
Debtors39,018-27,269-38,823-23,94575,293-239,804153,6720-18,659108,612100,0390
Creditors-35,30382,833-21,745-30,009605,567-149,698-55,3190110,56545,02523,56642,836
Accruals and Deferred Income000000000000
Deferred Taxes & Provisions000000000000
Cash flow from operations6,86612,179-55,788-15,218665,735-1,143-257,645-805,401-186,449-114,980-44,409
Investing Activities
capital expenditure3,134-1,25114,12115,21813,745-11,307-38,2180-11,664-16,907-2,516-1,082
Change in Investments000000000000
cash flow from investments3,134-1,25114,12115,21813,745-11,307-38,2180-11,664-16,907-2,516-1,082
Financing Activities
Bank loans000000000000
Group/Directors Accounts000000000000
Other Short Term Loans 000000000000
Long term loans000000000000
Hire Purchase and Lease Commitments000000000000
other long term liabilities-10,000-10,92841,6670-679,48012,450279,9090-120,802240,000194,80373,120
share issue000000-1000000100
interest000000208039762033370
cash flow from financing-10,000-10,92841,6670-679,48012,450279,82980-120,405240,620195,13673,290
cash and cash equivalents
cash000000-16,0340-126,66837,26477,64027,798
overdraft000000000000
change in cash000000-16,0340-126,66837,26477,64027,798

solitaire developments (uk) 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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Solitaire Developments (uk) Limited Competitor Analysis

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Perform a competitor analysis for solitaire developments (uk) limited by selecting its closest rivals, whether from the ACCOMMODATION AND FOOD SERVICE ACTIVITIES sector, other small companies, companies in W 2 area or any other competitors across 12 key performance metrics.

solitaire developments (uk) limited Ownership

SOLITAIRE DEVELOPMENTS (UK) LIMITED group structure

Solitaire Developments (Uk) Limited has no subsidiary companies.

Ultimate parent company

SOLITAIRE DEVELOPMENTS (UK) LIMITED

07549597

SOLITAIRE DEVELOPMENTS (UK) LIMITED Shareholders

jamal makke 100%

solitaire developments (uk) limited directors

Solitaire Developments (Uk) Limited currently has 1 director, Mr Hassan Makke serving since Mar 2019.

officercountryagestartendrole
Mr Hassan MakkeEngland30 years Mar 2019- Director

P&L

March 2023

turnover

1.3m

+79%

operating profit

100.2k

0%

gross margin

44.4%

+26.51%

turnover

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

Balance Sheet

March 2023

net assets

-479.5k

-0.14%

total assets

159.5k

+0.29%

cash

0

0%

net assets

Total assets minus all liabilities

solitaire developments (uk) limited company details

company number

07549597

Type

Private limited with Share Capital

industry

55100 - Hotels and similar accommodation

incorporation date

March 2011

age

14

incorporated

UK

ultimate parent company

None

accounts

Micro-Entity Accounts

last accounts submitted

March 2023

previous names

N/A

accountant

-

auditor

-

address

16 westbourne street, london, W2 2TZ

Bank

-

Legal Advisor

-

solitaire developments (uk) 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 solitaire developments (uk) limited.

solitaire developments (uk) 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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solitaire developments (uk) limited Companies House Filings - See Documents

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