barnett developments group limited
barnett developments group limited Company Information
Company Number
07598522
Next Accounts
126 days late
Industry
Buying and selling of own real estate
Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.
Directors
Shareholders
nick barnett
Group Structure
View All
Contact
Registered Address
office d beresford house, town quay, southampton, SO14 2AQ
Website
www.barnettdevelopments.combarnett developments group limited Estimated Valuation
Pomanda estimates the enterprise value of BARNETT DEVELOPMENTS GROUP LIMITED at £989.6k based on a Turnover of £351k and 2.82x industry multiple (adjusted for size and gross margin).
barnett developments group limited Estimated Valuation
Pomanda estimates the enterprise value of BARNETT DEVELOPMENTS GROUP LIMITED at £360.7k based on an EBITDA of £56k and a 6.44x industry multiple (adjusted for size and gross margin).
barnett developments group limited Estimated Valuation
Pomanda estimates the enterprise value of BARNETT DEVELOPMENTS GROUP LIMITED at £257.6k based on Net Assets of £170.9k and 1.51x industry multiple (adjusted for liquidity).
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Barnett Developments Group Limited Overview
Barnett Developments Group Limited is a live company located in southampton, SO14 2AQ with a Companies House number of 07598522. It operates in the buying and selling of own real estate sector, SIC Code 68100. Founded in April 2011, it's largest shareholder is nick barnett with a 100% stake. Barnett Developments Group Limited is a established, micro sized company, Pomanda has estimated its turnover at £351k with declining growth in recent years.
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Barnett Developments Group Limited Health Check
Pomanda's financial health check has awarded Barnett Developments Group Limited a 0.5 rating. We use a traffic light system to show it exceeds the industry average on 0 measures and has 7 areas for improvement. Company Health Check FAQs
0 Strong
3 Regular
7 Weak
Size
annual sales of £351k, make it smaller than the average company (£767.9k)
- Barnett Developments Group Limited
£767.9k - Industry AVG
Growth
3 year (CAGR) sales growth of -19%, show it is growing at a slower rate (1.3%)
- Barnett Developments Group Limited
1.3% - Industry AVG
Production
with a gross margin of 69.7%, this company has a comparable cost of product (69.7%)
- Barnett Developments Group Limited
69.7% - Industry AVG
Profitability
an operating margin of 15.5% make it less profitable than the average company (47.2%)
- Barnett Developments Group Limited
47.2% - Industry AVG
Employees
with 4 employees, this is similar to the industry average (4)
4 - Barnett Developments Group Limited
4 - Industry AVG
Pay Structure
on an average salary of £33.4k, the company has an equivalent pay structure (£33.4k)
- Barnett Developments Group Limited
£33.4k - Industry AVG
Efficiency
resulting in sales per employee of £87.8k, this is less efficient (£171.3k)
- Barnett Developments Group Limited
£171.3k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Barnett Developments Group Limited
- - Industry AVG
Creditor Days
its suppliers are paid after 21 days, this is quicker than average (35 days)
- Barnett Developments Group Limited
35 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Barnett Developments Group Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (10 weeks)
0 weeks - Barnett Developments Group Limited
10 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 96.7%, this is a higher level of debt than the average (65.1%)
96.7% - Barnett Developments Group Limited
65.1% - Industry AVG
BARNETT DEVELOPMENTS GROUP LIMITED financials
Barnett Developments Group Limited's latest turnover from October 2022 is estimated at £351 thousand and the company has net assets of £170.9 thousand. According to their latest financial statements, Barnett Developments Group Limited has 4 employees and maintains cash reserves of £11.9 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Oct 2022 | Oct 2021 | Oct 2020 | Oct 2019 | Oct 2018 | Oct 2017 | Oct 2016 | Oct 2015 | Oct 2014 | Oct 2013 | Apr 2013 | Apr 2012 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | ||||||||||||
| Other Income Or Grants | ||||||||||||
| Cost Of Sales | ||||||||||||
| Gross Profit | ||||||||||||
| Admin Expenses | ||||||||||||
| Operating Profit | ||||||||||||
| Interest Payable | ||||||||||||
| Interest Receivable | ||||||||||||
| Pre-Tax Profit | ||||||||||||
| Tax | ||||||||||||
| Profit After Tax | ||||||||||||
| Dividends Paid | ||||||||||||
| Retained Profit | ||||||||||||
| Employee Costs | ||||||||||||
| Number Of Employees | 4 | 4 | 4 | 6 | 7 | 7 | 7 | |||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Oct 2022 | Oct 2021 | Oct 2020 | Oct 2019 | Oct 2018 | Oct 2017 | Oct 2016 | Oct 2015 | Oct 2014 | Oct 2013 | Apr 2013 | Apr 2012 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 2,026 | 3,293 | 92 | 806 | 1,913 | 676 | 46,379 | 33,373 | 8,574 | 5,124 | 1,449 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 228,000 | 148,000 |
| Total Fixed Assets | 2,026 | 3,293 | 92 | 806 | 1,913 | 676 | 46,379 | 33,373 | 8,574 | 5,124 | 229,449 | 148,000 |
| Stock & work in progress | 0 | 0 | 27,534 | 0 | 0 | 0 | 0 | 85,000 | 3,327,794 | 3,611,654 | 2,038,566 | 325,987 |
| Trade Debtors | 0 | 8,000 | 0 | 0 | 0 | 0 | 0 | 2,091,368 | 898,922 | 306,042 | 177,481 | 541,421 |
| Group Debtors | 3,736,380 | 2,138,186 | 2,639,720 | 2,402,979 | 2,067,966 | 2,347,267 | 2,245,567 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 1,345,962 | 1,343,668 | 1,327,308 | 1,455,996 | 1,102,454 | 593,812 | 151,411 | 0 | 0 | 0 | 0 | 0 |
| Cash | 11,949 | 11,549 | 9,609 | 226 | 7,932 | 7,291 | 139,531 | 3,353 | 438 | 854 | 2,805 | 43 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 5,094,291 | 3,501,403 | 4,004,171 | 3,859,201 | 3,178,352 | 2,948,370 | 2,536,509 | 2,179,721 | 4,227,154 | 3,918,550 | 2,218,852 | 867,451 |
| total assets | 5,096,317 | 3,504,696 | 4,004,263 | 3,860,007 | 3,180,265 | 2,949,046 | 2,582,888 | 2,213,094 | 4,235,728 | 3,923,674 | 2,448,301 | 1,015,451 |
| Bank overdraft | 10,000 | 10,000 | 4,167 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 6,258 | 20,136 | 42,809 | 56,988 | 15,799 | 55,603 | 55,102 | 1,137,075 | 3,962,079 | 3,923,781 | 2,258,473 | 135,282 |
| Group/Directors Accounts | 3,134,783 | 758,274 | 917,253 | 813,727 | 210,039 | 65,850 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 1,005,082 | 1,575,615 | 1,951,951 | 2,008,751 | 1,677,115 | 1,125,575 | 1,432,713 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 11,020 | 14,581 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 743,505 | 878,705 | 817,053 | 570,277 | 650,455 | 504,973 | 322,604 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 4,899,628 | 3,242,730 | 3,733,233 | 3,449,743 | 2,553,408 | 1,763,021 | 1,825,000 | 1,137,075 | 3,962,079 | 3,923,781 | 2,258,473 | 135,282 |
| loans | 25,833 | 35,833 | 45,833 | 0 | 0 | 0 | 60,000 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 11,557 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 253,026 | 0 | 0 | 188,498 | 879,000 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 9,276 | 6,675 | 1,715 | 0 | 0 | 0 |
| total long term liabilities | 25,833 | 35,833 | 45,833 | 0 | 0 | 0 | 80,833 | 259,701 | 1,715 | 0 | 188,498 | 879,000 |
| total liabilities | 4,925,461 | 3,278,563 | 3,779,066 | 3,449,743 | 2,553,408 | 1,763,021 | 1,905,833 | 1,396,776 | 3,963,794 | 3,923,781 | 2,446,971 | 1,014,282 |
| net assets | 170,856 | 226,133 | 225,197 | 410,264 | 626,857 | 1,186,025 | 677,055 | 816,318 | 271,934 | -107 | 1,330 | 1,169 |
| total shareholders funds | 170,856 | 226,133 | 225,197 | 410,264 | 626,857 | 1,186,025 | 677,055 | 816,318 | 271,934 | -107 | 1,330 | 1,169 |
| Oct 2022 | Oct 2021 | Oct 2020 | Oct 2019 | Oct 2018 | Oct 2017 | Oct 2016 | Oct 2015 | Oct 2014 | Oct 2013 | Apr 2013 | Apr 2012 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||
| Operating Profit | ||||||||||||
| Depreciation | 1,766 | 1,670 | 851 | 1,107 | 1,180 | 46,607 | 47,534 | 17,302 | 1,739 | 279 | 161 | 0 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | ||||||||||||
| Stock | 0 | -27,534 | 27,534 | 0 | 0 | 0 | -85,000 | -3,242,794 | -283,860 | 3,285,667 | 1,712,579 | 325,987 |
| Debtors | 1,592,488 | -477,174 | 108,053 | 688,555 | 229,341 | 544,101 | 305,610 | 1,192,446 | 592,880 | -383,379 | -283,940 | 689,421 |
| Creditors | -13,878 | -22,673 | -14,179 | 41,189 | -39,804 | 501 | -1,081,973 | -2,825,004 | 38,298 | 3,788,499 | 2,123,191 | 135,282 |
| Accruals and Deferred Income | -135,200 | 61,652 | 246,776 | -80,178 | 145,482 | 182,369 | 322,604 | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | -9,276 | 2,601 | 4,960 | 1,715 | 0 | 0 | 0 |
| Cash flow from operations | ||||||||||||
| Investing Activities | ||||||||||||
| capital expenditure | ||||||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | ||||||||||||
| Financing Activities | ||||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 2,376,509 | -158,979 | 103,526 | 603,688 | 144,189 | 65,850 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | -570,533 | -376,336 | -56,800 | 331,636 | 551,540 | -307,138 | 1,432,713 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | -10,000 | -10,000 | 45,833 | 0 | 0 | -60,000 | 60,000 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | -11,020 | -15,118 | 26,138 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | -253,026 | 253,026 | 0 | -879,000 | -690,502 | 879,000 |
| share issue | ||||||||||||
| interest | ||||||||||||
| cash flow from financing | ||||||||||||
| cash and cash equivalents | ||||||||||||
| cash | 400 | 1,940 | 9,383 | -7,706 | 641 | -132,240 | 136,178 | 2,915 | -416 | 811 | 2,762 | 43 |
| overdraft | 0 | 5,833 | 4,167 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 400 | -3,893 | 5,216 | -7,706 | 641 | -132,240 | 136,178 | 2,915 | -416 | 811 | 2,762 | 43 |
barnett developments group limited Credit Report and Business Information
Barnett Developments Group Limited Competitor Analysis
Perform a competitor analysis for barnett developments group limited by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other micro companies, companies in SO14 area or any other competitors across 12 key performance metrics.
barnett developments group limited Ownership
BARNETT DEVELOPMENTS GROUP LIMITED group structure
Barnett Developments Group Limited has no subsidiary companies.
Ultimate parent company
BARNETT DEVELOPMENTS GROUP LIMITED
07598522
barnett developments group limited directors
Barnett Developments Group Limited currently has 1 director, Mr Nicholas Barnett serving since Apr 2011.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Nicholas Barnett | United Kingdom | 68 years | Apr 2011 | - | Director |
P&L
October 2022turnover
351k
+53%
operating profit
54.3k
0%
gross margin
69.7%
+0.41%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
October 2022net assets
170.9k
-0.24%
total assets
5.1m
+0.45%
cash
11.9k
+0.03%
net assets
Total assets minus all liabilities
barnett developments group limited company details
company number
07598522
Type
Private limited with Share Capital
industry
68100 - Buying and selling of own real estate
68209 - Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.
incorporation date
April 2011
age
13
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
October 2022
previous names
portland house (bristol) ltd (February 2015)
accountant
HAINES WATTS
auditor
-
address
office d beresford house, town quay, southampton, SO14 2AQ
Bank
-
Legal Advisor
-
barnett developments group 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 barnett developments group limited.
barnett developments group limited Companies House Filings - See Documents
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