urban developments (gosport) ltd
urban developments (gosport) ltd Company Information
Company Number
08379546
Next Accounts
Dec 2025
Directors
Shareholders
peter westmorland
caroline isabella westmorland
Group Structure
View All
Industry
Development of building projects
Registered Address
a66 lees lane, gosport, PO12 3UL
Website
www.gosport-builders.co.ukurban developments (gosport) ltd Estimated Valuation
Pomanda estimates the enterprise value of URBAN DEVELOPMENTS (GOSPORT) LTD at £294.5k based on a Turnover of £615.1k and 0.48x industry multiple (adjusted for size and gross margin).
urban developments (gosport) ltd Estimated Valuation
Pomanda estimates the enterprise value of URBAN DEVELOPMENTS (GOSPORT) LTD at £28.6k based on an EBITDA of £7.5k and a 3.79x industry multiple (adjusted for size and gross margin).
urban developments (gosport) ltd Estimated Valuation
Pomanda estimates the enterprise value of URBAN DEVELOPMENTS (GOSPORT) LTD at £0 based on Net Assets of £-24.2k and 1.41x industry multiple (adjusted for liquidity).
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Urban Developments (gosport) Ltd Overview
Urban Developments (gosport) Ltd is a live company located in gosport, PO12 3UL with a Companies House number of 08379546. It operates in the development of building projects sector, SIC Code 41100. Founded in January 2013, it's largest shareholder is peter westmorland with a 99% stake. Urban Developments (gosport) Ltd is a established, small sized company, Pomanda has estimated its turnover at £615.1k with declining growth in recent years.
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Urban Developments (gosport) Ltd Health Check
Pomanda's financial health check has awarded Urban Developments (Gosport) Ltd a 2.5 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
4 Regular
6 Weak
Size
annual sales of £615.1k, make it smaller than the average company (£2.3m)
- Urban Developments (gosport) Ltd
£2.3m - Industry AVG
Growth
3 year (CAGR) sales growth of -24%, show it is growing at a slower rate (6%)
- Urban Developments (gosport) Ltd
6% - Industry AVG
Production
with a gross margin of 26.2%, this company has a comparable cost of product (26.2%)
- Urban Developments (gosport) Ltd
26.2% - Industry AVG
Profitability
an operating margin of 0.5% make it less profitable than the average company (7.5%)
- Urban Developments (gosport) Ltd
7.5% - Industry AVG
Employees
with 2 employees, this is below the industry average (6)
2 - Urban Developments (gosport) Ltd
6 - Industry AVG
Pay Structure
on an average salary of £48.3k, the company has an equivalent pay structure (£48.3k)
- Urban Developments (gosport) Ltd
£48.3k - Industry AVG
Efficiency
resulting in sales per employee of £307.5k, this is equally as efficient (£278.4k)
- Urban Developments (gosport) Ltd
£278.4k - Industry AVG
Debtor Days
it gets paid by customers after 27 days, this is near the average (27 days)
- Urban Developments (gosport) Ltd
27 days - Industry AVG
Creditor Days
its suppliers are paid after 74 days, this is slower than average (31 days)
- Urban Developments (gosport) Ltd
31 days - Industry AVG
Stock Days
it holds stock equivalent to 123 days, this is less than average (198 days)
- Urban Developments (gosport) Ltd
198 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 3 weeks, this is less cash available to meet short term requirements (11 weeks)
3 weeks - Urban Developments (gosport) Ltd
11 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 105.7%, this is a higher level of debt than the average (73.6%)
105.7% - Urban Developments (gosport) Ltd
73.6% - Industry AVG
URBAN DEVELOPMENTS (GOSPORT) LTD financials
Urban Developments (Gosport) Ltd's latest turnover from March 2024 is estimated at £615.1 thousand and the company has net assets of -£24.2 thousand. According to their latest financial statements, Urban Developments (Gosport) Ltd has 2 employees and maintains cash reserves of £29.8 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 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 1,194,113 | 1,428,389 | 1,198,607 | 688,336 | 912,409 | 702,119 | 572,614 | 599,605 | 615,881 | |||
| Other Income Or Grants | ||||||||||||
| Cost Of Sales | 1,047,529 | 1,199,761 | 999,715 | 582,571 | 766,008 | 575,016 | 431,795 | 504,701 | 480,379 | |||
| Gross Profit | 146,584 | 228,628 | 198,892 | 105,765 | 146,401 | 127,103 | 140,819 | 94,904 | 135,502 | |||
| Admin Expenses | 179,743 | 194,590 | 187,559 | 90,182 | 79,834 | 83,640 | 73,473 | 58,579 | 102,940 | |||
| Operating Profit | -33,159 | 34,038 | 11,333 | 15,583 | 66,567 | 43,463 | 67,346 | 36,325 | 32,562 | |||
| Interest Payable | 3,035 | 14,880 | 10,770 | 594 | 40,539 | 29,313 | 20,235 | 7,920 | 10,912 | |||
| Interest Receivable | ||||||||||||
| Pre-Tax Profit | -36,194 | 19,158 | 563 | 14,989 | 26,028 | 14,150 | 47,111 | 28,262 | 21,650 | |||
| Tax | -4,828 | -1,298 | -4,035 | -6,124 | -4,082 | -10,644 | -96 | |||||
| Profit After Tax | -36,194 | 14,330 | -735 | 10,954 | 19,904 | 10,068 | 36,467 | 28,166 | 21,650 | |||
| Dividends Paid | 4,000 | 4,000 | 4,000 | 20,000 | 10,000 | 40,000 | 25,000 | 21,000 | ||||
| Retained Profit | -36,194 | 10,330 | -4,735 | 6,954 | -96 | 68 | -3,533 | 3,166 | 650 | |||
| Employee Costs | ||||||||||||
| Number Of Employees | 2 | 2 | 4 | 5 | 5 | 4 | 4 | 2 | 2 | |||
| EBITDA* | -21,504 | 43,164 | 19,224 | 24,112 | 71,241 | 52,503 | 74,268 | 43,406 | 39,629 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 21,002 | 30,889 | 211,800 | 190,361 | 163,743 | 165,285 | 276,907 | 212,983 | 203,331 | 204,061 | 203,994 | |
| Intangible Assets | 6,192 | 12,384 | 18,576 | 24,768 | 30,960 | 37,152 | 43,344 | 49,536 | 55,728 | |||
| Investments & Other | 200 | 150,201 | ||||||||||
| Debtors (Due After 1 year) | ||||||||||||
| Total Fixed Assets | 21,202 | 181,090 | 217,992 | 202,745 | 182,319 | 190,053 | 307,867 | 250,135 | 246,675 | 253,597 | 259,722 | |
| Stock & work in progress | 153,000 | 251,264 | 284,266 | 283,253 | 190,426 | 190,426 | 173,726 | 93,562 | 49,780 | |||
| Trade Debtors | 46,945 | 25,099 | 169,547 | 206,651 | 351,609 | 132,304 | 111,499 | 77,378 | 3,582 | 2,585 | ||
| Group Debtors | 334,203 | 314,003 | 5,815 | |||||||||
| Misc Debtors | 172,270 | 249,820 | 215 | 75,503 | 38,000 | 77,252 | 153,726 | 147,864 | 3,000 | 2,397 | ||
| Cash | 29,802 | 52,901 | 62,707 | 99,231 | 68,475 | 31,169 | 65,508 | 74,876 | 16,392 | 1,733 | 22,876 | |
| misc current assets | ||||||||||||
| total current assets | 402,017 | 579,084 | 850,938 | 903,138 | 691,828 | 391,899 | 427,985 | 305,980 | 164,256 | 101,877 | 77,638 | |
| total assets | 423,219 | 760,174 | 1,068,930 | 1,105,883 | 874,147 | 581,952 | 735,852 | 556,115 | 410,931 | 355,474 | 337,360 | |
| Bank overdraft | 20,720 | 16,583 | 1,436 | 184,087 | 6,714 | 487,354 | 334,326 | |||||
| Bank loan | ||||||||||||
| Trade Creditors | 92,823 | 72,220 | 96,593 | 62,809 | 110,397 | 27,442 | 2,035 | 37,200 | 23,636 | 24,576 | 16,621 | |
| Group/Directors Accounts | ||||||||||||
| other short term finances | 117,684 | 20,548 | 436,558 | 226,988 | ||||||||
| hp & lease commitments | ||||||||||||
| other current liabilities | 316,806 | 669,934 | 53,546 | 22,449 | 26,597 | 23,328 | 48,793 | 52,823 | 28,609 | 81,146 | 68,631 | |
| total current liabilities | 430,349 | 758,737 | 269,259 | 269,345 | 164,256 | 487,328 | 538,182 | 424,349 | 279,233 | 105,722 | 85,252 | |
| loans | 16,591 | 25,633 | 214,959 | 215,632 | 63,332 | 63,332 | 131,315 | 131,315 | 131,315 | 245,836 | 251,358 | |
| hp & lease commitments | ||||||||||||
| Accruals and Deferred Income | ||||||||||||
| other liabilities | ||||||||||||
| provisions | 481 | 481 | ||||||||||
| total long term liabilities | 17,072 | 26,114 | 214,959 | 215,632 | 63,332 | 63,332 | 131,315 | 131,315 | 131,315 | 245,836 | 251,358 | |
| total liabilities | 447,421 | 784,851 | 484,218 | 484,977 | 227,588 | 550,660 | 669,497 | 555,664 | 410,548 | 351,558 | 336,610 | |
| net assets | -24,202 | -24,677 | 584,712 | 620,906 | 646,559 | 31,292 | 66,355 | 451 | 383 | 3,916 | 750 | |
| total shareholders funds | -24,202 | -24,677 | 584,712 | 620,906 | 646,559 | 31,292 | 66,355 | 451 | 383 | 3,916 | 750 |
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||
| Operating Profit | -33,159 | 34,038 | 11,333 | 15,583 | 66,567 | 43,463 | 67,346 | 36,325 | 32,562 | |||
| Depreciation | 4,609 | 6,781 | 5,463 | 2,934 | 1,699 | 2,337 | 2,337 | 2,848 | 730 | 889 | 875 | |
| Amortisation | 6,192 | 6,192 | 6,192 | 6,192 | 6,192 | 2,337 | 6,192 | 6,192 | 6,192 | 6,192 | ||
| Tax | -4,828 | -1,298 | -4,035 | -6,124 | -4,082 | -10,644 | -96 | |||||
| Stock | -98,264 | -33,002 | 1,013 | 92,827 | 16,700 | 173,726 | -93,562 | 43,782 | 49,780 | |||
| Debtors | -55,704 | -229,046 | -16,689 | 87,727 | 262,623 | -18,447 | -42,353 | 83,240 | 141,282 | 1,600 | 4,982 | |
| Creditors | 20,603 | -24,373 | 33,784 | -47,588 | 82,955 | 25,407 | -35,165 | 13,564 | -940 | 7,955 | 16,621 | |
| Accruals and Deferred Income | -353,128 | 616,388 | 31,097 | -4,148 | 3,269 | -25,465 | -4,030 | 24,214 | -52,537 | 12,515 | 68,631 | |
| Deferred Taxes & Provisions | 481 | |||||||||||
| Cash flow from operations | 59,053 | -193,954 | -158,473 | 21,766 | -105,451 | 2,959 | -37,573 | 18,398 | 70,119 | |||
| Investing Activities | ||||||||||||
| capital expenditure | ||||||||||||
| Change in Investments | -150,001 | 150,201 | ||||||||||
| cash flow from investments | ||||||||||||
| Financing Activities | ||||||||||||
| Bank loans | ||||||||||||
| Group/Directors Accounts | ||||||||||||
| Other Short Term Loans | -117,684 | 117,684 | -20,548 | -416,010 | 436,558 | -226,988 | 226,988 | |||||
| Long term loans | -9,042 | -189,326 | -673 | 152,300 | -67,983 | -114,521 | -5,522 | 251,358 | ||||
| Hire Purchase and Lease Commitments | ||||||||||||
| other long term liabilities | ||||||||||||
| share issue | ||||||||||||
| interest | -3,035 | -14,880 | -10,770 | -594 | -40,539 | -29,313 | -20,235 | -7,920 | -10,912 | |||
| cash flow from financing | 113,976 | 80,889 | 193,222 | 325,964 | 25,461 | -256,301 | 92,232 | -13,442 | 240,546 | |||
| cash and cash equivalents | ||||||||||||
| cash | -23,099 | -9,806 | -36,524 | 30,756 | 37,306 | -34,339 | -9,368 | 58,484 | 14,659 | -21,143 | 22,876 | |
| overdraft | 4,137 | 15,147 | -182,651 | 177,373 | 6,714 | -487,354 | 153,028 | 334,326 | ||||
| change in cash | -27,236 | -24,953 | 146,127 | -146,617 | 30,592 | 453,015 | -162,396 | -275,842 | 14,659 | -21,143 | 22,876 |
urban developments (gosport) ltd Credit Report and Business Information
Urban Developments (gosport) Ltd Competitor Analysis
Perform a competitor analysis for urban developments (gosport) ltd by selecting its closest rivals, whether from the CONSTRUCTION sector, other small companies, companies in PO12 area or any other competitors across 12 key performance metrics.
urban developments (gosport) ltd Ownership
URBAN DEVELOPMENTS (GOSPORT) LTD group structure
Urban Developments (Gosport) Ltd has no subsidiary companies.
Ultimate parent company
URBAN DEVELOPMENTS (GOSPORT) LTD
08379546
urban developments (gosport) ltd directors
Urban Developments (Gosport) Ltd currently has 1 director, Mr Peter Westmorland serving since Apr 2013.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Peter Westmorland | United Kingdom | 50 years | Apr 2013 | - | Director |
P&L
March 2024turnover
615.1k
+29%
operating profit
2.9k
0%
gross margin
26.3%
+1.27%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2024net assets
-24.2k
-0.02%
total assets
423.2k
-0.44%
cash
29.8k
-0.44%
net assets
Total assets minus all liabilities
urban developments (gosport) ltd company details
company number
08379546
Type
Private limited with Share Capital
industry
41100 - Development of building projects
incorporation date
January 2013
age
12
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
March 2024
previous names
N/A
accountant
ENCY ASSOCIATES
auditor
-
address
a66 lees lane, gosport, PO12 3UL
Bank
-
Legal Advisor
-
urban developments (gosport) 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 did not find charges/mortgages relating to urban developments (gosport) ltd.
urban developments (gosport) 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.
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urban developments (gosport) ltd Companies House Filings - See Documents
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