boultbee developments (no.1) limited
boultbee developments (no.1) limited Company Information
Company Number
07889319
Website
www.boultbeeldn.co.ukRegistered Address
formal house, 60 st. georges place, cheltenham, GL50 3PN
Industry
Other credit granting (not including credit granting by non-deposit taking finance houses and other specialist consumer credit grantors and activities of mortgage finance companies) n.e.c.
Telephone
01432358848
Next Accounts Due
September 2025
Group Structure
View All
Shareholders
boultbee developments holdings limited 100%
boultbee developments (no.1) limited Estimated Valuation
Pomanda estimates the enterprise value of BOULTBEE DEVELOPMENTS (NO.1) LIMITED at £267.8k based on a Turnover of £184.8k and 1.45x industry multiple (adjusted for size and gross margin).
boultbee developments (no.1) limited Estimated Valuation
Pomanda estimates the enterprise value of BOULTBEE DEVELOPMENTS (NO.1) LIMITED at £0 based on an EBITDA of £-16.9k and a 4.4x industry multiple (adjusted for size and gross margin).
boultbee developments (no.1) limited Estimated Valuation
Pomanda estimates the enterprise value of BOULTBEE DEVELOPMENTS (NO.1) LIMITED at £114.4m based on Net Assets of £57m and 2.01x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Boultbee Developments (no.1) Limited Overview
Boultbee Developments (no.1) Limited is a live company located in cheltenham, GL50 3PN with a Companies House number of 07889319. It operates in the other credit granting n.e.c. sector, SIC Code 64929. Founded in December 2011, it's largest shareholder is boultbee developments holdings limited with a 100% stake. Boultbee Developments (no.1) Limited is a established, micro sized company, Pomanda has estimated its turnover at £184.8k with declining growth in recent years.
Upgrade for unlimited company reports & a free credit check
Boultbee Developments (no.1) Limited Health Check
Pomanda's financial health check has awarded Boultbee Developments (No.1) Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 6 areas for improvement. Company Health Check FAQs
4 Strong
1 Regular
6 Weak
Size
annual sales of £184.8k, make it smaller than the average company (£4.2m)
£184.8k - Boultbee Developments (no.1) Limited
£4.2m - Industry AVG
Growth
3 year (CAGR) sales growth of -64%, show it is growing at a slower rate (6.5%)
-64% - Boultbee Developments (no.1) Limited
6.5% - Industry AVG
Production
with a gross margin of 66.1%, this company has a comparable cost of product (66.1%)
66.1% - Boultbee Developments (no.1) Limited
66.1% - Industry AVG
Profitability
an operating margin of -9.1% make it less profitable than the average company (30%)
-9.1% - Boultbee Developments (no.1) Limited
30% - Industry AVG
Employees
with 2 employees, this is below the industry average (5)
2 - Boultbee Developments (no.1) Limited
5 - Industry AVG
Pay Structure
on an average salary of £87.9k, the company has a higher pay structure (£67.6k)
£87.9k - Boultbee Developments (no.1) Limited
£67.6k - Industry AVG
Efficiency
resulting in sales per employee of £92.4k, this is less efficient (£407.5k)
£92.4k - Boultbee Developments (no.1) Limited
£407.5k - Industry AVG
Debtor Days
it gets paid by customers after 52 days, this is earlier than average (238 days)
52 days - Boultbee Developments (no.1) Limited
238 days - Industry AVG
Creditor Days
its suppliers are paid after 66 days, this is slower than average (25 days)
66 days - Boultbee Developments (no.1) Limited
25 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Boultbee Developments (no.1) Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 14 weeks, this is more cash available to meet short term requirements (9 weeks)
14 weeks - Boultbee Developments (no.1) Limited
9 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 2.6%, this is a lower level of debt than the average (88.5%)
2.6% - Boultbee Developments (no.1) Limited
88.5% - Industry AVG
BOULTBEE DEVELOPMENTS (NO.1) LIMITED financials
Boultbee Developments (No.1) Limited's latest turnover from December 2023 is £184.8 thousand and the company has net assets of £57 million. According to their latest financial statements, Boultbee Developments (No.1) Limited has 2 employees and maintains cash reserves of £420.5 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 184,834 | 1,005,959 | 3,058,104 | 4,048,074 | 3,741,683 | 3,789,862 | 3,923,264 | 3,507,254 | 3,691,733 | 2,473,489 | 1,485,959 | |
| Other Income Or Grants | ||||||||||||
| Cost Of Sales | ||||||||||||
| Gross Profit | ||||||||||||
| Admin Expenses | ||||||||||||
| Operating Profit | -16,857 | 747,581 | 2,750,981 | 3,831,183 | 3,522,093 | 3,587,609 | 3,668,298 | 3,319,812 | 3,787,533 | 2,315,410 | 1,446,795 | |
| Interest Payable | 0 | 614 | 30,544 | 3,966 | 1,635 | 0 | 0 | 1,202 | 16,612 | 0 | 12,953 | |
| Interest Receivable | 68,465 | 12,976 | 1,153 | 20,557 | 166,100 | 108,608 | 38,087 | 100,604 | 15,638 | 25,386 | 30,915 | |
| Pre-Tax Profit | 51,608 | 759,943 | 2,763,418 | 3,805,945 | 3,638,157 | 3,718,207 | 3,740,194 | 5,499,759 | 3,438,875 | 25,654,090 | 11,411,381 | |
| Tax | 132,262 | -132,772 | -347,734 | -729,416 | -701,576 | -712,477 | -597,068 | -838,212 | -1,123,750 | -937,218 | -497,821 | |
| Profit After Tax | 183,870 | 627,171 | 2,415,684 | 3,076,529 | 2,936,581 | 3,005,730 | 3,143,126 | 4,661,547 | 2,315,125 | 24,716,872 | 10,913,560 | |
| Dividends Paid | 0 | 0 | 54,183,345 | 0 | 84,000 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Retained Profit | 183,870 | 627,171 | -51,767,661 | 3,076,529 | 2,852,581 | 3,005,730 | 3,143,126 | 4,661,547 | 2,315,125 | 24,716,872 | 10,913,560 | |
| Employee Costs | 175,767 | 164,656 | 173,016 | 167,701 | 190,669 | 167,135 | 235,457 | 156,376 | 145,676 | 96,673 | 0 | |
| Number Of Employees | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | ||
| EBITDA* | -16,857 | 747,581 | 2,750,981 | 3,831,183 | 3,522,093 | 3,587,609 | 3,668,298 | 3,319,812 | 3,787,533 | 2,315,410 | 1,446,795 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 2,327,029 | 2,368,858 | 2,417,259 | 2,372,724 | 7,990,035 | 9,837,049 | 11,051,554 | 28,420,467 | 11,966,758 |
| Debtors (Due After 1 year) | 57,618,865 | 45,793,238 | 0 | 0 | 0 | 44,401,577 | 38,326,524 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 57,618,865 | 45,793,238 | 0 | 2,327,029 | 2,368,858 | 46,818,836 | 40,699,248 | 7,990,035 | 9,837,049 | 11,051,554 | 28,420,467 | 11,966,758 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 26,500 | 17,000 | 0 | 0 | 0 | 7,500 | 0 | 0 | 0 | 0 | 0 | 980,624 |
| Group Debtors | 439,500 | 17,889,226 | 61,500,376 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 27,852,597 |
| Misc Debtors | 5,522 | 5,522 | 5,935 | 99,948,793 | 97,442,114 | 30,404,212 | 58,847,846 | 86,402,960 | 93,603,850 | 72,554,937 | 51,755,136 | 0 |
| Cash | 420,541 | 3,334,791 | 451,211 | 8,814,923 | 8,315,076 | 35,964,670 | 11,067,783 | 18,309,460 | 2,375,760 | 9,782,735 | 3,123,751 | 7,150,091 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 892,063 | 21,246,539 | 61,957,522 | 108,763,716 | 105,757,190 | 66,376,382 | 69,915,629 | 104,712,420 | 95,979,610 | 82,337,672 | 54,878,887 | 35,983,312 |
| total assets | 58,510,928 | 67,039,777 | 61,957,522 | 111,090,745 | 108,126,048 | 113,195,218 | 110,614,877 | 112,702,455 | 105,816,659 | 93,389,226 | 83,299,354 | 47,950,070 |
| Bank overdraft | 0 | 0 | 0 | 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 | 11,456 | 107,893 | 94,626 | 0 | 0 | 2,640 | 720 | 0 | 0 | 31 | 19,200 | 11,225 |
| Group/Directors Accounts | 355,697 | 0 | 188 | 2,402,185 | 2,899,458 | 5,199,277 | 6,426,672 | 8,304,215 | 7,526,300 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 1,156,685 | 10,128,664 | 5,686,659 | 744,850 | 359,409 | 5,978,701 | 5,178,615 | 7,424,102 | 6,166,206 | 3,899,987 | 2,774,682 | 846,933 |
| total current liabilities | 1,523,838 | 10,236,557 | 5,781,473 | 3,147,035 | 3,258,867 | 11,180,618 | 11,606,007 | 15,728,317 | 13,692,506 | 3,900,018 | 2,793,882 | 858,158 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 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 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1,108,394 | 919,956 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1,108,394 | 919,956 | 0 | 0 | 0 |
| total liabilities | 1,523,838 | 10,236,557 | 5,781,473 | 3,147,035 | 3,258,867 | 11,180,618 | 11,606,007 | 16,836,711 | 14,612,462 | 3,900,018 | 2,793,882 | 858,158 |
| net assets | 56,987,090 | 56,803,220 | 56,176,049 | 107,943,710 | 104,867,181 | 102,014,600 | 99,008,870 | 95,865,744 | 91,204,197 | 89,489,208 | 80,505,472 | 47,091,912 |
| total shareholders funds | 56,987,090 | 56,803,220 | 56,176,049 | 107,943,710 | 104,867,181 | 102,014,600 | 99,008,870 | 95,865,744 | 91,204,197 | 89,489,208 | 80,505,472 | 47,091,912 |
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||
| Operating Profit | -16,857 | 747,581 | 2,750,981 | 3,831,183 | 3,522,093 | 3,587,609 | 3,668,298 | 3,319,812 | 3,787,533 | 2,315,410 | 1,446,795 | |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | 132,262 | -132,772 | -347,734 | -729,416 | -701,576 | -712,477 | -597,068 | -838,212 | -1,123,750 | -937,218 | -497,821 | |
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | -5,614,599 | 2,198,675 | -38,442,482 | 2,506,679 | 22,628,825 | -22,361,081 | 10,771,410 | -7,200,890 | 21,048,913 | 20,799,801 | 22,921,915 | 28,833,221 |
| Creditors | -96,437 | 13,267 | 94,626 | 0 | -2,640 | 1,920 | 720 | 0 | -31 | -19,169 | 7,975 | 11,225 |
| Accruals and Deferred Income | -8,971,979 | 4,442,005 | 4,941,809 | 385,441 | -5,619,292 | 800,086 | -2,245,487 | 1,257,896 | 2,266,219 | 1,125,305 | 1,927,749 | 846,933 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | -1,108,394 | 188,438 | 919,956 | 0 | 0 | 0 |
| Cash flow from operations | -3,338,412 | 2,871,406 | 45,882,164 | 980,529 | -25,430,240 | 26,038,219 | -11,053,341 | 11,128,824 | -15,198,986 | -18,315,473 | -20,037,217 | |
| Investing Activities | ||||||||||||
| capital expenditure | 0 | 0 | 0 | 0 | 5,464,674 | 3,798,498 | 0 | 0 | 0 | |||
| Change in Investments | 0 | 0 | -2,327,029 | -41,829 | -48,401 | 44,535 | -5,617,311 | -1,847,014 | -1,214,505 | -17,368,913 | 16,453,709 | 11,966,758 |
| cash flow from investments | 2,327,029 | 41,829 | 48,401 | -44,535 | 11,081,985 | 5,645,512 | 1,214,505 | 17,368,913 | -16,453,709 | |||
| Financing Activities | ||||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 355,697 | -188 | -2,401,997 | -497,273 | -2,299,819 | -1,227,395 | -1,877,543 | 777,915 | 7,526,300 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||||||||
| interest | 68,465 | 12,362 | -29,391 | 16,591 | 164,465 | 108,608 | 38,087 | 99,402 | -974 | 25,386 | 17,962 | |
| cash flow from financing | 424,162 | 12,174 | -2,431,388 | -480,682 | -2,135,354 | -1,118,787 | -1,839,456 | 877,317 | 6,925,190 | -15,707,750 | 22,517,962 | |
| cash and cash equivalents | ||||||||||||
| cash | -2,914,250 | 2,883,580 | -8,363,712 | 499,847 | -27,649,594 | 24,896,887 | -7,241,677 | 15,933,700 | -7,406,975 | 6,658,984 | -4,026,340 | 7,150,091 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -2,914,250 | 2,883,580 | -8,363,712 | 499,847 | -27,649,594 | 24,896,887 | -7,241,677 | 15,933,700 | -7,406,975 | 6,658,984 | -4,026,340 | 7,150,091 |
boultbee developments (no.1) limited Credit Report and Business Information
Boultbee Developments (no.1) Limited Competitor Analysis
Perform a competitor analysis for boultbee developments (no.1) limited by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other micro companies, companies in GL50 area or any other competitors across 12 key performance metrics.
boultbee developments (no.1) limited Ownership
BOULTBEE DEVELOPMENTS (NO.1) LIMITED group structure
Boultbee Developments (No.1) Limited has no subsidiary companies.
Ultimate parent company
1 parent
BOULTBEE DEVELOPMENTS (NO.1) LIMITED
07889319
boultbee developments (no.1) limited directors
Boultbee Developments (No.1) Limited currently has 2 directors. The longest serving directors include Mr Clive Boultbee Brooks (Dec 2011) and Mr Lee Roberts (Dec 2011).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Clive Boultbee Brooks | England | 61 years | Dec 2011 | - | Director |
| Mr Lee Roberts | United Kingdom | 59 years | Dec 2011 | - | Director |
P&L
December 2023turnover
184.8k
-82%
operating profit
-16.9k
-102%
gross margin
66.2%
-3.19%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
57m
0%
total assets
58.5m
-0.13%
cash
420.5k
-0.87%
net assets
Total assets minus all liabilities
boultbee developments (no.1) limited company details
company number
07889319
Type
Private limited with Share Capital
industry
64929 - Other credit granting (not including credit granting by non-deposit taking finance houses and other specialist consumer credit grantors and activities of mortgage finance companies) n.e.c.
incorporation date
December 2011
age
13
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
December 2023
previous names
boultbee finance limited (September 2021)
boultbee estates limited (January 2013)
accountant
-
auditor
-
address
formal house, 60 st. georges place, cheltenham, GL50 3PN
Bank
-
Legal Advisor
-
boultbee developments (no.1) 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 1 charges/mortgages relating to boultbee developments (no.1) limited. Currently there are 1 open charges and 0 have been satisfied in the past.
boultbee developments (no.1) limited Companies House Filings - See Documents
| date | description | view/download |
|---|
