blu-ridge development limited

blu-ridge development limited Company Information

Share BLU-RIDGE  DEVELOPMENT LIMITED
Live 
EstablishedMicroDeclining

Company Number

07800785

Industry

Buying and selling of own real estate

 

Shareholders

jennine ward

paul anthony meadows

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Group Structure

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Contact

Registered Address

field farm house hampton bishop, hereford, HR1 4JP

Website

-

blu-ridge development limited Estimated Valuation

£220.1k

Pomanda estimates the enterprise value of BLU-RIDGE DEVELOPMENT LIMITED at £220.1k based on a Turnover of £108.5k and 2.03x industry multiple (adjusted for size and gross margin).

blu-ridge development limited Estimated Valuation

£0

Pomanda estimates the enterprise value of BLU-RIDGE DEVELOPMENT LIMITED at £0 based on an EBITDA of £-45.4k and a 4.19x industry multiple (adjusted for size and gross margin).

blu-ridge development limited Estimated Valuation

£27k

Pomanda estimates the enterprise value of BLU-RIDGE DEVELOPMENT LIMITED at £27k based on Net Assets of £17.4k and 1.55x industry multiple (adjusted for liquidity).

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Blu-ridge Development Limited Overview

Blu-ridge Development Limited is a live company located in hereford, HR1 4JP with a Companies House number of 07800785. It operates in the buying and selling of own real estate sector, SIC Code 68100. Founded in October 2011, it's largest shareholder is jennine ward with a 20.8% stake. Blu-ridge Development Limited is a established, micro sized company, Pomanda has estimated its turnover at £108.5k with declining growth in recent years.

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Blu-ridge Development Limited Health Check

Pomanda's financial health check has awarded Blu-Ridge Development 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

Health Check Image
Health Rating0.5out of 5
positive_score

0 Strong

positive_score

1 Regular

positive_score

7 Weak

size

Size

annual sales of £108.5k, make it smaller than the average company (£858.6k)

£108.5k - Blu-ridge Development Limited

£858.6k - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -62%, show it is growing at a slower rate (3.4%)

-62% - Blu-ridge Development Limited

3.4% - Industry AVG

production

Production

with a gross margin of 25.7%, this company has a higher cost of product (71.2%)

25.7% - Blu-ridge Development Limited

71.2% - Industry AVG

profitability

Profitability

an operating margin of -41.9% make it less profitable than the average company (23.1%)

-41.9% - Blu-ridge Development Limited

23.1% - Industry AVG

employees

Employees

with 2 employees, this is below the industry average (4)

2 - Blu-ridge Development Limited

4 - Industry AVG

paystructure

Pay Structure

on an average salary of £39.9k, the company has an equivalent pay structure (£39.9k)

£39.9k - Blu-ridge Development Limited

£39.9k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £54.2k, this is less efficient (£184.4k)

£54.2k - Blu-ridge Development Limited

£184.4k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 58 days, this is later than average (23 days)

58 days - Blu-ridge Development Limited

23 days - Industry AVG

creditordays

Creditor Days

There is insufficient data available for this Key Performance Indicator!

- - Blu-ridge Development Limited

- - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Blu-ridge Development Limited

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - Blu-ridge Development Limited

- - Industry AVG

debtlevel

Debt Level

There is insufficient data available for this Key Performance Indicator!

- - Blu-ridge Development Limited

- - Industry AVG

BLU-RIDGE DEVELOPMENT LIMITED financials

EXPORTms excel logo

Blu-Ridge Development Limited's latest turnover from April 2024 is estimated at £108.5 thousand and the company has net assets of £17.4 thousand. According to their latest financial statements, Blu-Ridge Development Limited has 2 employees and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Apr 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013
Turnover108,457200,545250,5041,964,0542,045,24933,37472,46893,75096,141374,220433,95864,832
Other Income Or Grants000000000000
Cost Of Sales80,641147,533185,9361,518,9371,617,83425,02454,31871,44471,460286,131342,85351,084
Gross Profit27,81653,01264,568445,116427,4158,35018,15022,30624,68188,08891,10513,748
Admin Expenses73,237-265,946166,240452,611430,377-168,432-656-9,541109,711118,337122,79231,398
Operating Profit-45,421318,958-101,672-7,495-2,962176,78218,80631,847-85,030-30,249-31,687-17,650
Interest Payable0000014,73759,15543,2350000
Interest Receivable000020234154491520651131
Pre-Tax Profit-45,421318,958-101,672-7,495-2,942162,279-40,195-11,339-85,029-29,729-31,036-17,519
Tax0-60,602000-30,833000000
Profit After Tax-45,421258,356-101,672-7,495-2,942131,446-40,195-11,339-85,029-29,729-31,036-17,519
Dividends Paid000000000000
Retained Profit-45,421258,356-101,672-7,495-2,942131,446-40,195-11,339-85,029-29,729-31,036-17,519
Employee Costs79,83372,13873,52071,86177,65038,66935,25034,89637,65035,09235,67233,231
Number Of Employees222221111111
EBITDA*-45,421318,958-101,672-7,495-2,962176,78218,80631,847-80,436-25,301-26,739-17,650

* Earnings Before Interest, Tax, Depreciation and Amortisation

Apr 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013
Tangible Assets000000004,5939,89414,84219,790
Intangible Assets000000000000
Investments & Other000000000000
Debtors (Due After 1 year)000000000000
Total Fixed Assets000000004,5939,89414,84219,790
Stock & work in progress00000742,5491,610,2952,463,2032,598,2792,021,6091,695,6251,273,669
Trade Debtors17,42564,84060,599790,160799,8850004,800121,750133,25017,890
Group Debtors000000000000
Misc Debtors000000000000
Cash0000039,77322,59338,961101101207,92752,593
misc current assets000000000000
total current assets17,42564,84060,599790,160799,885782,3221,632,8882,502,1642,603,1802,143,4602,036,8021,344,152
total assets17,42564,84060,599790,160799,885782,3221,632,8882,502,1642,607,7732,153,3542,051,6441,363,942
Bank overdraft000000000000
Bank loan000000436,64500000
Trade Creditors 01,994256,109883,998196,996000320,2303,150900900
Group/Directors Accounts000000000000
other short term finances000000000000
hp & lease commitments000000000000
other current liabilities00000176,391348,3282,3280000
total current liabilities01,994256,109883,998196,996176,391784,9732,328320,2303,150900900
loans00000001,383,5050000
hp & lease commitments000000000000
Accruals and Deferred Income000000000000
other liabilities0000689,232689,2321,062,6621,290,8832,450,7562,228,3882,099,1991,380,461
provisions000000000000
total long term liabilities0000689,232689,2321,062,6622,674,3882,450,7562,228,3882,099,1991,380,461
total liabilities01,994256,109883,998886,228865,6231,847,6352,676,7162,770,9862,231,5382,100,0991,381,361
net assets17,42562,846-195,510-93,838-86,343-83,301-214,747-174,552-163,213-78,184-48,455-17,419
total shareholders funds17,42562,846-195,510-93,838-86,343-83,301-214,747-174,552-163,213-78,184-48,455-17,419
Apr 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013
Operating Activities
Operating Profit-45,421318,958-101,672-7,495-2,962176,78218,80631,847-85,030-30,249-31,687-17,650
Depreciation000000004,5944,9484,9480
Amortisation000000000000
Tax0-60,602000-30,833000000
Stock0000-742,549-867,746-852,908-135,076576,670325,984421,9561,273,669
Debtors-47,4154,241-729,561-9,725799,88500-4,800-116,950-11,500115,36017,890
Creditors-1,994-254,115-627,889687,002196,99600-320,230317,0802,2500900
Accruals and Deferred Income0000-176,391-171,937346,0002,3280000
Deferred Taxes & Provisions000000000000
Cash flow from operations000689,232-39,693841,7581,217,714-146,179-223,076-337,535-564,055-1,308,309
Investing Activities
capital expenditure00000004,59370700-19,790
Change in Investments000000000000
cash flow from investments00000004,59370700-19,790
Financing Activities
Bank loans00000-436,645436,64500000
Group/Directors Accounts000000000000
Other Short Term Loans 000000000000
Long term loans000000-1,383,5051,383,5050000
Hire Purchase and Lease Commitments000000000000
other long term liabilities000-689,2320-373,430-228,221-1,159,873222,368129,189718,7381,380,461
share issue0000-100000000100
interest000020-14,503-59,001-43,1861520651131
cash flow from financing000-689,232-80-824,578-1,234,082180,446222,369129,709719,3891,380,692
cash and cash equivalents
cash0000-39,77317,180-16,36838,8600-207,826155,33452,593
overdraft000000000000
change in cash0000-39,77317,180-16,36838,8600-207,826155,33452,593

blu-ridge development 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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Blu-ridge Development Limited Competitor Analysis

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Perform a competitor analysis for blu-ridge development limited by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other micro companies, companies in HR1 area or any other competitors across 12 key performance metrics.

blu-ridge development limited Ownership

BLU-RIDGE DEVELOPMENT LIMITED group structure

Blu-Ridge Development Limited has no subsidiary companies.

Ultimate parent company

BLU-RIDGE DEVELOPMENT LIMITED

07800785

BLU-RIDGE DEVELOPMENT LIMITED Shareholders

jennine ward 20.83%
paul anthony meadows 20.83%
perrie adam chew 15.63%
jamie elizabeth chew 15.63%
howard lee chew 15.63%
stuart anthony meadows 9.38%
wai chew 2.08%

blu-ridge development limited directors

Blu-Ridge Development Limited currently has 2 directors. The longest serving directors include Mr Wai Chew (Oct 2011) and Mr Philip Meadows (Nov 2011).

officercountryagestartendrole
Mr Wai ChewEngland64 years Oct 2011- Director
Mr Philip MeadowsUnited Kingdom76 years Nov 2011- Director

P&L

April 2024

turnover

108.5k

-46%

operating profit

-45.4k

0%

gross margin

25.7%

-2.98%

turnover

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

Balance Sheet

April 2024

net assets

17.4k

-0.72%

total assets

17.4k

-0.73%

cash

0

0%

net assets

Total assets minus all liabilities

blu-ridge development limited company details

company number

07800785

Type

Private limited with Share Capital

industry

68100 - Buying and selling of own real estate

incorporation date

October 2011

age

14

incorporated

UK

ultimate parent company

None

accounts

Micro-Entity Accounts

last accounts submitted

April 2024

previous names

N/A

accountant

-

auditor

-

address

field farm house hampton bishop, hereford, HR1 4JP

Bank

-

Legal Advisor

-

blu-ridge development 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 found 5 charges/mortgages relating to blu-ridge development limited. Currently there are 4 open charges and 1 have been satisfied in the past.

blu-ridge development 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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blu-ridge development limited Companies House Filings - See Documents

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