floating developments limited
floating developments limited Company Information
Company Number
08363534
Next Accounts
Dec 2025
Shareholders
neil laughton
james alfred carron scrimgeour
Group Structure
View All
Industry
Other building completion and finishing
Registered Address
5&6 manor court, manor garth, scarborough, north yorkshire, YO11 3TU
Website
-floating developments limited Estimated Valuation
Pomanda estimates the enterprise value of FLOATING DEVELOPMENTS LIMITED at £6.1k based on a Turnover of £16.9k and 0.36x industry multiple (adjusted for size and gross margin).
floating developments limited Estimated Valuation
Pomanda estimates the enterprise value of FLOATING DEVELOPMENTS LIMITED at £0 based on an EBITDA of £-4.8k and a 3.62x industry multiple (adjusted for size and gross margin).
floating developments limited Estimated Valuation
Pomanda estimates the enterprise value of FLOATING DEVELOPMENTS LIMITED at £0 based on Net Assets of £-96.7k and 2.36x industry multiple (adjusted for liquidity).
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Floating Developments Limited Overview
Floating Developments Limited is a live company located in scarborough, YO11 3TU with a Companies House number of 08363534. It operates in the other building completion and finishing sector, SIC Code 43390. Founded in January 2013, it's largest shareholder is neil laughton with a 50% stake. Floating Developments Limited is a established, micro sized company, Pomanda has estimated its turnover at £16.9k with high growth in recent years.
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Floating Developments Limited Health Check
Pomanda's financial health check has awarded Floating Developments Limited a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 6 areas for improvement. Company Health Check FAQs
2 Strong
2 Regular
6 Weak
Size
annual sales of £16.9k, make it smaller than the average company (£337.1k)
- Floating Developments Limited
£337.1k - Industry AVG
Growth
3 year (CAGR) sales growth of 26%, show it is growing at a faster rate (12.4%)
- Floating Developments Limited
12.4% - Industry AVG
Production
with a gross margin of 23.2%, this company has a comparable cost of product (23.2%)
- Floating Developments Limited
23.2% - Industry AVG
Profitability
an operating margin of -28.6% make it less profitable than the average company (5.3%)
- Floating Developments Limited
5.3% - Industry AVG
Employees
with 1 employees, this is below the industry average (3)
- Floating Developments Limited
3 - Industry AVG
Pay Structure
on an average salary of £38.8k, the company has an equivalent pay structure (£38.8k)
- Floating Developments Limited
£38.8k - Industry AVG
Efficiency
resulting in sales per employee of £16.9k, this is less efficient (£136.1k)
- Floating Developments Limited
£136.1k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Floating Developments Limited
- - Industry AVG
Creditor Days
its suppliers are paid after 50 days, this is slower than average (29 days)
- Floating Developments Limited
29 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Floating Developments Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (21 weeks)
0 weeks - Floating Developments Limited
21 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 4790.6%, this is a higher level of debt than the average (73.6%)
4790.6% - Floating Developments Limited
73.6% - Industry AVG
FLOATING DEVELOPMENTS LIMITED financials
Floating Developments Limited's latest turnover from March 2024 is estimated at £16.9 thousand and the company has net assets of -£96.7 thousand. According to their latest financial statements, we estimate that Floating Developments Limited has 1 employee and maintains cash reserves of £1.6 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Jan 2017 | Jan 2016 | Jan 2015 | Jan 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 | 2 | 2 | 2 | 2 | |||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Jan 2017 | Jan 2016 | Jan 2015 | Jan 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 26 | 310 | 594 | 773 | |||||||
| Intangible Assets | |||||||||||
| Investments & Other | 10 | ||||||||||
| Debtors (Due After 1 year) | |||||||||||
| Total Fixed Assets | 26 | 310 | 594 | 773 | 10 | ||||||
| Stock & work in progress | 17,540 | 1,157 | |||||||||
| Trade Debtors | |||||||||||
| Group Debtors | |||||||||||
| Misc Debtors | 490 | 312 | 2,910 | 8 | 8 | 2,157 | 10 | ||||
| Cash | 1,571 | 744 | 6,651 | 612 | 2,124 | 6,731 | 490 | ||||
| misc current assets | |||||||||||
| total current assets | 2,061 | 1,056 | 9,561 | 612 | 2,132 | 24,279 | 3,804 | 10 | |||
| total assets | 2,061 | 1,056 | 9,561 | 638 | 2,442 | 24,873 | 4,577 | 10 | 10 | ||
| Bank overdraft | |||||||||||
| Bank loan | |||||||||||
| Trade Creditors | 1,786 | 242 | 1,955 | 1,146 | 1,080 | 1,260 | 9,762 | ||||
| Group/Directors Accounts | |||||||||||
| other short term finances | |||||||||||
| hp & lease commitments | |||||||||||
| other current liabilities | 96,948 | 92,714 | 67,714 | 40,002 | 40,364 | 63,964 | 15,065 | ||||
| total current liabilities | 98,734 | 92,956 | 69,669 | 41,148 | 41,444 | 65,224 | 24,827 | ||||
| loans | |||||||||||
| hp & lease commitments | |||||||||||
| Accruals and Deferred Income | |||||||||||
| other liabilities | |||||||||||
| provisions | |||||||||||
| total long term liabilities | |||||||||||
| total liabilities | 98,734 | 92,956 | 69,669 | 41,148 | 41,444 | 65,224 | 24,827 | ||||
| net assets | -96,673 | -91,900 | -60,108 | -40,510 | -39,002 | -40,351 | -20,250 | 10 | 10 | ||
| total shareholders funds | -96,673 | -91,900 | -60,108 | -40,510 | -39,002 | -40,351 | -20,250 | 10 | 10 |
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Jan 2017 | Jan 2016 | Jan 2015 | Jan 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||
| Operating Profit | |||||||||||
| Depreciation | 26 | 284 | 284 | 285 | 257 | ||||||
| Amortisation | |||||||||||
| Tax | |||||||||||
| Stock | -17,540 | 16,383 | 1,157 | ||||||||
| Debtors | 178 | -2,598 | 2,910 | -8 | -2,149 | 2,147 | 10 | ||||
| Creditors | 1,544 | -1,713 | 809 | 66 | -180 | -8,502 | 9,762 | ||||
| Accruals and Deferred Income | 4,234 | 25,000 | 27,712 | -362 | -23,600 | 48,899 | 15,065 | ||||
| Deferred Taxes & Provisions | |||||||||||
| Cash flow from operations | |||||||||||
| Investing Activities | |||||||||||
| capital expenditure | |||||||||||
| Change in Investments | -10 | 10 | |||||||||
| cash flow from investments | |||||||||||
| Financing Activities | |||||||||||
| Bank loans | |||||||||||
| Group/Directors Accounts | |||||||||||
| Other Short Term Loans | |||||||||||
| Long term loans | |||||||||||
| Hire Purchase and Lease Commitments | |||||||||||
| other long term liabilities | |||||||||||
| share issue | |||||||||||
| interest | |||||||||||
| cash flow from financing | |||||||||||
| cash and cash equivalents | |||||||||||
| cash | 827 | -5,907 | 6,039 | -1,512 | -4,607 | 6,241 | 490 | ||||
| overdraft | |||||||||||
| change in cash | 827 | -5,907 | 6,039 | -1,512 | -4,607 | 6,241 | 490 |
floating developments limited Credit Report and Business Information
Floating Developments Limited Competitor Analysis
Perform a competitor analysis for floating developments limited by selecting its closest rivals, whether from the CONSTRUCTION sector, other micro companies, companies in YO11 area or any other competitors across 12 key performance metrics.
floating developments limited Ownership
FLOATING DEVELOPMENTS LIMITED group structure
Floating Developments Limited has no subsidiary companies.
Ultimate parent company
FLOATING DEVELOPMENTS LIMITED
08363534
floating developments limited directors
Floating Developments Limited currently has 2 directors. The longest serving directors include Mr James Scrimgeour (Jan 2013) and Mr Neil Laughton (Jul 2021).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr James Scrimgeour | United Kingdom | 57 years | Jan 2013 | - | Director |
| Mr Neil Laughton | England | 61 years | Jul 2021 | - | Director |
P&L
March 2024turnover
16.9k
+674%
operating profit
-4.8k
0%
gross margin
23.3%
-6.06%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2024net assets
-96.7k
+0.05%
total assets
2.1k
+0.95%
cash
1.6k
+1.11%
net assets
Total assets minus all liabilities
floating developments limited company details
company number
08363534
Type
Private limited with Share Capital
industry
43390 - Other building completion and finishing
incorporation date
January 2013
age
12
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
March 2024
previous names
ilk developments limited (July 2021)
stockflow management limited (May 2017)
accountant
FORTUS LIMITED
auditor
-
address
5&6 manor court, manor garth, scarborough, north yorkshire, YO11 3TU
Bank
-
Legal Advisor
-
floating developments 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 floating developments limited.
floating developments 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.
Click to start generating capital raising & share issue transactions for FLOATING DEVELOPMENTS LIMITED. This can take several minutes, an email will notify you when this has completed.
floating developments limited Companies House Filings - See Documents
| date | description | view/download |
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