reach court developments limited

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reach court developments limited Company Information

Share REACH COURT DEVELOPMENTS LIMITED

Company Number

08490019

Shareholders

r & b property development ltd

Group Structure

View All

Industry

Development of building projects

 

Registered Address

lake cottage the street, stourmouth, canterbury, CT3 1HY

Website

-

reach court developments limited Estimated Valuation

£1.3m

Pomanda estimates the enterprise value of REACH COURT DEVELOPMENTS LIMITED at £1.3m based on a Turnover of £3.7m and 0.37x industry multiple (adjusted for size and gross margin).

reach court developments limited Estimated Valuation

£0

Pomanda estimates the enterprise value of REACH COURT DEVELOPMENTS LIMITED at £0 based on an EBITDA of £-1.2k and a 2.83x industry multiple (adjusted for size and gross margin).

reach court developments limited Estimated Valuation

£0

Pomanda estimates the enterprise value of REACH COURT DEVELOPMENTS LIMITED at £0 based on Net Assets of £-28.9k and 1.49x industry multiple (adjusted for liquidity).

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Reach Court Developments Limited Overview

Reach Court Developments Limited is a live company located in canterbury, CT3 1HY with a Companies House number of 08490019. It operates in the development of building projects sector, SIC Code 41100. Founded in April 2013, it's largest shareholder is r & b property development ltd with a 100% stake. Reach Court Developments Limited is a established, small sized company, Pomanda has estimated its turnover at £3.7m with rapid growth in recent years.

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Reach Court Developments Limited Health Check

Pomanda's financial health check has awarded Reach Court Developments Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 4 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating3out of 5
positive_score

4 Strong

positive_score

2 Regular

positive_score

4 Weak

size

Size

annual sales of £3.7m, make it larger than the average company (£2.3m)

£3.7m - Reach Court Developments Limited

£2.3m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 181%, show it is growing at a faster rate (6.9%)

181% - Reach Court Developments Limited

6.9% - Industry AVG

production

Production

with a gross margin of 9.7%, this company has a higher cost of product (26.4%)

9.7% - Reach Court Developments Limited

26.4% - Industry AVG

profitability

Profitability

an operating margin of 0% make it less profitable than the average company (7.5%)

0% - Reach Court Developments Limited

7.5% - Industry AVG

employees

Employees

with 6 employees, this is similar to the industry average (7)

6 - Reach Court Developments Limited

7 - Industry AVG

paystructure

Pay Structure

on an average salary of £48.5k, the company has an equivalent pay structure (£48.5k)

£48.5k - Reach Court Developments Limited

£48.5k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £608.7k, this is more efficient (£273.3k)

£608.7k - Reach Court Developments Limited

£273.3k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 80 days, this is later than average (29 days)

80 days - Reach Court Developments Limited

29 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 92 days, this is slower than average (33 days)

92 days - Reach Court Developments Limited

33 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Reach Court Developments Limited

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - Reach Court Developments Limited

- - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 103.6%, this is a higher level of debt than the average (72.6%)

103.6% - Reach Court Developments Limited

72.6% - Industry AVG

REACH COURT DEVELOPMENTS LIMITED financials

EXPORTms excel logo

Reach Court Developments Limited's latest turnover from April 2024 is estimated at £3.7 million and the company has net assets of -£28.9 thousand. According to their latest financial statements, we estimate that Reach Court Developments Limited has 6 employees and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Apr 2024Apr 2023Apr 2022Apr 2021Apr 2020Apr 2019Apr 2018Apr 2017Apr 2016Apr 2015Apr 2014
Turnover3,652,38668,10449,783164,702127,89096,2456,5716,19848,25251,46352,024
Other Income Or Grants00000000000
Cost Of Sales3,296,91561,35944,983150,145114,93385,8555,8235,45442,66345,77846,243
Gross Profit355,4716,7454,80014,55712,95710,3907487445,5895,6865,781
Admin Expenses356,694-12,7287,10045,46216,28410,2674,4471,7055,8396,1066,336
Operating Profit-1,22319,473-2,300-30,905-3,327123-3,699-961-250-420-555
Interest Payable00000000000
Interest Receivable00000131000
Pre-Tax Profit-1,22319,473-2,300-30,905-3,327123-3,696-960-250-420-555
Tax0-4,868000-2300000
Profit After Tax-1,22314,605-2,300-30,905-3,327100-3,696-960-250-420-555
Dividends Paid00000000000
Retained Profit-1,22314,605-2,300-30,905-3,327100-3,696-960-250-420-555
Employee Costs290,97246,80844,67743,44743,17342,50341,95841,33141,58639,13536,648
Number Of Employees61111111111
EBITDA*-1,22319,473-2,300-30,905-3,327123-3,699-961-250-420-555

* Earnings Before Interest, Tax, Depreciation and Amortisation

Apr 2024Apr 2023Apr 2022Apr 2021Apr 2020Apr 2019Apr 2018Apr 2017Apr 2016Apr 2015Apr 2014
Tangible Assets00000000000
Intangible Assets00000000000
Investments & Other00000000000
Debtors (Due After 1 year)00000000000
Total Fixed Assets00000000000
Stock & work in progress00000020,00020,00020,00020,00020,000
Trade Debtors802,6692,84120,35720,05723,96220,18900000
Group Debtors00000000000
Misc Debtors00000000000
Cash0000001891,145000
misc current assets00000000000
total current assets802,6692,84120,35720,05723,96220,18920,18921,14520,00020,00020,000
total assets802,6692,84120,35720,05723,96220,18920,18921,14520,00020,00020,000
Bank overdraft00000000000
Bank loan00000000000
Trade Creditors 831,60030,54924060,07033,07025,9700019,91520,87520,455
Group/Directors Accounts00000000000
other short term finances00000000000
hp & lease commitments00000000000
other current liabilities00000025,97023,230000
total current liabilities831,60030,54924060,07033,07025,97025,97023,23019,91520,87520,455
loans00000000000
hp & lease commitments00000000000
Accruals and Deferred Income000000001,21000
other liabilities0062,43000000000
provisions00000000000
total long term liabilities0062,430000001,21000
total liabilities831,60030,54962,67060,07033,07025,97025,97023,23021,12520,87520,455
net assets-28,931-27,708-42,313-40,013-9,108-5,781-5,781-2,085-1,125-875-455
total shareholders funds-28,931-27,708-42,313-40,013-9,108-5,781-5,781-2,085-1,125-875-455
Apr 2024Apr 2023Apr 2022Apr 2021Apr 2020Apr 2019Apr 2018Apr 2017Apr 2016Apr 2015Apr 2014
Operating Activities
Operating Profit-1,22319,473-2,300-30,905-3,327123-3,699-961-250-420-555
Depreciation00000000000
Amortisation00000000000
Tax0-4,868000-2300000
Stock00000-20,000000020,000
Debtors799,828-17,516300-3,9053,77320,18900000
Creditors801,05130,309-59,83027,0007,10025,9700-19,915-96042020,455
Accruals and Deferred Income00000-25,9702,74022,0201,21000
Deferred Taxes & Provisions00000000000
Cash flow from operations062,430-62,43000-89-9591,14400-100
Investing Activities
capital expenditure00000000000
Change in Investments00000000000
cash flow from investments00000000000
Financing Activities
Bank loans00000000000
Group/Directors Accounts00000000000
Other Short Term Loans 00000000000
Long term loans00000000000
Hire Purchase and Lease Commitments00000000000
other long term liabilities0-62,43062,43000000000
share issue00000-1000000100
interest00000131000
cash flow from financing0-62,43062,43000-993100100
cash and cash equivalents
cash00000-189-9561,145000
overdraft00000000000
change in cash00000-189-9561,145000

reach court developments 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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Reach Court Developments Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for reach court developments limited by selecting its closest rivals, whether from the CONSTRUCTION sector, other small companies, companies in CT3 area or any other competitors across 12 key performance metrics.

reach court developments limited Ownership

REACH COURT DEVELOPMENTS LIMITED group structure

Reach Court Developments Limited has no subsidiary companies.

Ultimate parent company

1 parent

REACH COURT DEVELOPMENTS LIMITED

08490019

REACH COURT DEVELOPMENTS LIMITED Shareholders

r & b property development ltd 100%

reach court developments limited directors

Reach Court Developments Limited currently has 2 directors. The longest serving directors include Mr Bradley Lawson (Jul 2023) and Mr Richard Lawson (Jul 2023).

officercountryagestartendrole
Mr Bradley LawsonEngland58 years Jul 2023- Director
Mr Richard LawsonUnited Kingdom68 years Jul 2023- Director

P&L

April 2024

turnover

3.7m

+5263%

operating profit

-1.2k

0%

gross margin

9.8%

-1.73%

turnover

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

Balance Sheet

April 2024

net assets

-28.9k

+0.04%

total assets

802.7k

+281.53%

cash

0

0%

net assets

Total assets minus all liabilities

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reach court developments limited company details

company number

08490019

Type

Private limited with Share Capital

industry

41100 - Development of building projects

incorporation date

April 2013

age

12

incorporated

UK

ultimate parent company

accounts

Micro-Entity Accounts

last accounts submitted

April 2024

previous names

N/A

accountant

-

auditor

-

address

lake cottage the street, stourmouth, canterbury, CT3 1HY

Bank

-

Legal Advisor

-

reach court 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 found 2 charges/mortgages relating to reach court developments limited. Currently there are 2 open charges and 0 have been satisfied in the past.

reach court 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 REACH COURT DEVELOPMENTS LIMITED. This can take several minutes, an email will notify you when this has completed.

reach court developments limited Companies House Filings - See Documents

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