advent development holdings ltd Company Information
Company Number
08087343
Next Accounts
Feb 2026
Shareholders
timothy james reeve & marie bernadette reeve
malcolm john reeve
View AllGroup Structure
View All
Industry
Activities of construction holding companies
Registered Address
cold moor cote farm chop gate, middlesbrough, cleveland, TS9 7JJ
advent development holdings ltd Estimated Valuation
Pomanda estimates the enterprise value of ADVENT DEVELOPMENT HOLDINGS LTD at £317.7k based on a Turnover of £329.1k and 0.97x industry multiple (adjusted for size and gross margin).
advent development holdings ltd Estimated Valuation
Pomanda estimates the enterprise value of ADVENT DEVELOPMENT HOLDINGS LTD at £215.3k based on an EBITDA of £48k and a 4.48x industry multiple (adjusted for size and gross margin).
advent development holdings ltd Estimated Valuation
Pomanda estimates the enterprise value of ADVENT DEVELOPMENT HOLDINGS LTD at £3.5m based on Net Assets of £2m and 1.7x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Advent Development Holdings Ltd Overview
Advent Development Holdings Ltd is a live company located in cleveland, TS9 7JJ with a Companies House number of 08087343. It operates in the activities of construction holding companies sector, SIC Code 64203. Founded in May 2012, it's largest shareholder is timothy james reeve & marie bernadette reeve with a 50% stake. Advent Development Holdings Ltd is a established, micro sized company, Pomanda has estimated its turnover at £329.1k with declining growth in recent years.
Upgrade for unlimited company reports & a free credit check
Advent Development Holdings Ltd Health Check
Pomanda's financial health check has awarded Advent Development Holdings Ltd a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 6 areas for improvement. Company Health Check FAQs


3 Strong

2 Regular

6 Weak

Size
annual sales of £329.1k, make it smaller than the average company (£23.9m)
- Advent Development Holdings Ltd
£23.9m - Industry AVG

Growth
3 year (CAGR) sales growth of -17%, show it is growing at a slower rate (10.2%)
- Advent Development Holdings Ltd
10.2% - Industry AVG

Production
with a gross margin of 17.1%, this company has a comparable cost of product (17.1%)
- Advent Development Holdings Ltd
17.1% - Industry AVG

Profitability
an operating margin of 13.7% make it more profitable than the average company (4.8%)
- Advent Development Holdings Ltd
4.8% - Industry AVG

Employees
with 3 employees, this is below the industry average (80)
3 - Advent Development Holdings Ltd
80 - Industry AVG

Pay Structure
on an average salary of £53.7k, the company has an equivalent pay structure (£53.7k)
- Advent Development Holdings Ltd
£53.7k - Industry AVG

Efficiency
resulting in sales per employee of £109.7k, this is less efficient (£345.9k)
- Advent Development Holdings Ltd
£345.9k - Industry AVG

Debtor Days
it gets paid by customers after 12 days, this is earlier than average (49 days)
- Advent Development Holdings Ltd
49 days - Industry AVG

Creditor Days
its suppliers are paid after 1 days, this is quicker than average (42 days)
- Advent Development Holdings Ltd
42 days - Industry AVG

Stock Days
There is insufficient data available for this Key Performance Indicator!
- Advent Development Holdings Ltd
- - Industry AVG

Cash Balance
has cash to cover current liabilities for 2 weeks, this is less cash available to meet short term requirements (21 weeks)
2 weeks - Advent Development Holdings Ltd
21 weeks - Industry AVG

Debt Level
it has a ratio of liabilities to total assets of 16.1%, this is a lower level of debt than the average (62%)
16.1% - Advent Development Holdings Ltd
62% - Industry AVG
ADVENT DEVELOPMENT HOLDINGS LTD financials

Advent Development Holdings Ltd's latest turnover from May 2024 is estimated at £329.1 thousand and the company has net assets of £2 million. According to their latest financial statements, Advent Development Holdings Ltd has 3 employees and maintains cash reserves of £15.9 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
May 2024 | May 2023 | May 2022 | May 2021 | May 2020 | May 2019 | May 2018 | May 2017 | May 2016 | May 2015 | May 2014 | May 2013 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
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 | 3 | 3 | 3 | 3 | 2 | 2 | 2 | 2 | ||||
EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
May 2024 | May 2023 | May 2022 | May 2021 | May 2020 | May 2019 | May 2018 | May 2017 | May 2016 | May 2015 | May 2014 | May 2013 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Tangible Assets | 148,436 | 9,149 | 12,777 | 2,111 | ||||||||
Intangible Assets | ||||||||||||
Investments & Other | 202 | 202 | 202 | 202 | 202 | 301 | 201 | 200 | 200 | 200 | 200 | 200 |
Debtors (Due After 1 year) | ||||||||||||
Total Fixed Assets | 148,638 | 9,351 | 12,979 | 2,313 | 202 | 301 | 201 | 200 | 200 | 200 | 200 | 200 |
Stock & work in progress | 247,783 | 210,544 | 5,750 | 20,000 | 20,000 | 20,000 | 20,000 | |||||
Trade Debtors | 11,326 | 26,790 | 224,463 | 227,613 | 573,129 | |||||||
Group Debtors | 2,234,773 | 2,106,405 | 1,760,184 | 714,432 | 941,341 | 739,242 | 443,342 | 387,398 | 225,013 | |||
Misc Debtors | 8,413 | 7,488 | 6,921 | 9,083 | 8,027 | 90,416 | 381,638 | 25,088 | 71,038 | |||
Cash | 15,858 | 36,781 | 240,998 | 443,960 | 189,208 | 365 | 3,564 | 406,084 | 4,413 | 1,971 | 362,385 | 6,324 |
misc current assets | ||||||||||||
total current assets | 2,270,370 | 2,150,674 | 2,034,893 | 1,167,475 | 1,138,576 | 1,077,806 | 1,039,088 | 824,320 | 320,464 | 246,434 | 609,998 | 599,453 |
total assets | 2,419,008 | 2,160,025 | 2,047,872 | 1,169,788 | 1,138,778 | 1,078,107 | 1,039,289 | 824,520 | 320,664 | 246,634 | 610,198 | 599,653 |
Bank overdraft | ||||||||||||
Bank loan | ||||||||||||
Trade Creditors | 1,200 | 33,303 | 2,268 | 72,000 | 564 | 49,554 | 15,012 | 298,112 | 61,207 | 5,100 | ||
Group/Directors Accounts | 37,175 | 99,375 | 100 | 100 | 100 | |||||||
other short term finances | ||||||||||||
hp & lease commitments | 27,865 | |||||||||||
other current liabilities | 294,818 | 130,639 | 326,574 | 131,566 | 672,370 | 787,323 | 766,553 | 384,540 | 287,570 | |||
total current liabilities | 323,883 | 163,942 | 366,017 | 302,941 | 672,370 | 787,987 | 766,653 | 434,194 | 302,582 | 298,112 | 61,207 | 5,100 |
loans | ||||||||||||
hp & lease commitments | 62,695 | |||||||||||
Accruals and Deferred Income | ||||||||||||
other liabilities | 554,396 | 870,000 | ||||||||||
provisions | 3,768 | 2,186 | 2,415 | 318 | ||||||||
total long term liabilities | 66,463 | 2,186 | 2,415 | 318 | 554,396 | 870,000 | ||||||
total liabilities | 390,346 | 166,128 | 368,432 | 303,259 | 672,370 | 787,987 | 766,653 | 434,194 | 302,582 | 298,112 | 615,603 | 875,100 |
net assets | 2,028,662 | 1,993,897 | 1,679,440 | 866,529 | 466,408 | 290,120 | 272,636 | 390,326 | 18,082 | -51,478 | -5,405 | -275,447 |
total shareholders funds | 2,028,662 | 1,993,897 | 1,679,440 | 866,529 | 466,408 | 290,120 | 272,636 | 390,326 | 18,082 | -51,478 | -5,405 | -275,447 |
May 2024 | May 2023 | May 2022 | May 2021 | May 2020 | May 2019 | May 2018 | May 2017 | May 2016 | May 2015 | May 2014 | May 2013 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Operating Activities | ||||||||||||
Operating Profit | ||||||||||||
Depreciation | 3,042 | 3,628 | 2,777 | 707 | ||||||||
Amortisation | ||||||||||||
Tax | ||||||||||||
Stock | -247,783 | 37,239 | 204,794 | -14,250 | 20,000 | |||||||
Debtors | 140,619 | 319,998 | 1,070,380 | -225,853 | 119,710 | 4,678 | 412,494 | 116,435 | 71,588 | -3,150 | -345,516 | 573,129 |
Creditors | -32,103 | 31,035 | -69,732 | 72,000 | -564 | 564 | -49,554 | 34,542 | -283,100 | 236,905 | 56,107 | 5,100 |
Accruals and Deferred Income | 164,179 | -195,935 | 195,008 | -540,804 | -114,953 | 20,770 | 382,013 | 96,970 | 287,570 | |||
Deferred Taxes & Provisions | 1,582 | -229 | 2,097 | 318 | ||||||||
Cash flow from operations | ||||||||||||
Investing Activities | ||||||||||||
capital expenditure | ||||||||||||
Change in Investments | -99 | 100 | 1 | 200 | ||||||||
cash flow from investments | ||||||||||||
Financing Activities | ||||||||||||
Bank loans | ||||||||||||
Group/Directors Accounts | -37,175 | -62,200 | 99,375 | -100 | 100 | |||||||
Other Short Term Loans | ||||||||||||
Long term loans | ||||||||||||
Hire Purchase and Lease Commitments | 90,560 | |||||||||||
other long term liabilities | -554,396 | -315,604 | 870,000 | |||||||||
share issue | ||||||||||||
interest | ||||||||||||
cash flow from financing | ||||||||||||
cash and cash equivalents | ||||||||||||
cash | -20,923 | -204,217 | -202,962 | 254,752 | 188,843 | -3,199 | -402,520 | 401,671 | 2,442 | -360,414 | 356,061 | 6,324 |
overdraft | ||||||||||||
change in cash | -20,923 | -204,217 | -202,962 | 254,752 | 188,843 | -3,199 | -402,520 | 401,671 | 2,442 | -360,414 | 356,061 | 6,324 |
advent development holdings ltd Credit Report and Business Information
Advent Development Holdings Ltd Competitor Analysis

Perform a competitor analysis for advent development holdings ltd by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other micro companies, companies in TS9 area or any other competitors across 12 key performance metrics.
advent development holdings ltd Ownership
ADVENT DEVELOPMENT HOLDINGS LTD group structure
Advent Development Holdings Ltd has 5 subsidiary companies.
Ultimate parent company
ADVENT DEVELOPMENT HOLDINGS LTD
08087343
5 subsidiaries
advent development holdings ltd directors
Advent Development Holdings Ltd currently has 4 directors. The longest serving directors include Mrs Marie Reeve (May 2012) and Mr Timothy Reeve (May 2012).
officer | country | age | start | end | role |
---|---|---|---|---|---|
Mrs Marie Reeve | 64 years | May 2012 | - | Director | |
Mr Timothy Reeve | England | 57 years | May 2012 | - | Director |
Mr Malcolm Reeve | 73 years | May 2012 | - | Director | |
Mr Dominic Reeve | 44 years | Oct 2020 | - | Director |
P&L
May 2024turnover
329.1k
-42%
operating profit
45k
0%
gross margin
17.2%
-0.88%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
May 2024net assets
2m
+0.02%
total assets
2.4m
+0.12%
cash
15.9k
-0.57%
net assets
Total assets minus all liabilities
advent development holdings ltd company details
company number
08087343
Type
Private limited with Share Capital
industry
64203 - Activities of construction holding companies
incorporation date
May 2012
age
13
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
May 2024
previous names
N/A
accountant
-
auditor
-
address
cold moor cote farm chop gate, middlesbrough, cleveland, TS9 7JJ
Bank
-
Legal Advisor
-
advent development holdings ltd 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 advent development holdings ltd. Currently there are 1 open charges and 0 have been satisfied in the past.
advent development holdings ltd 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.
Click to start generating capital raising & share issue transactions for ADVENT DEVELOPMENT HOLDINGS LTD. This can take several minutes, an email will notify you when this has completed.
advent development holdings ltd Companies House Filings - See Documents
date | description | view/download |
---|