adjack developments ltd
adjack developments ltd Company Information
Company Number
08611354
Next Accounts
Jan 2025
Industry
Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.
Directors
Shareholders
adam swarbrick
jennifer louise lennon
Group Structure
View All
Contact
Registered Address
316 blackpool road, fulwood, preston, lancashire, PR2 3AE
Website
contact-solar.co.ukadjack developments ltd Estimated Valuation
Pomanda estimates the enterprise value of ADJACK DEVELOPMENTS LTD at £322.7k based on a Turnover of £98.2k and 3.29x industry multiple (adjusted for size and gross margin).
adjack developments ltd Estimated Valuation
Pomanda estimates the enterprise value of ADJACK DEVELOPMENTS LTD at £25.1m based on an EBITDA of £3.6m and a 6.97x industry multiple (adjusted for size and gross margin).
adjack developments ltd Estimated Valuation
Pomanda estimates the enterprise value of ADJACK DEVELOPMENTS LTD at £5.3m based on Net Assets of £3.4m and 1.58x industry multiple (adjusted for liquidity).
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Adjack Developments Ltd Overview
Adjack Developments Ltd is a live company located in preston, PR2 3AE with a Companies House number of 08611354. It operates in the other letting and operating of own or leased real estate sector, SIC Code 68209. Founded in July 2013, it's largest shareholder is adam swarbrick with a 92.3% stake. Adjack Developments Ltd is a established, micro sized company, Pomanda has estimated its turnover at £98.2k with unknown growth in recent years.
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Adjack Developments Ltd Health Check
Pomanda's financial health check has awarded Adjack Developments Ltd a 4 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 4 areas for improvement. Company Health Check FAQs
3 Strong
2 Regular
4 Weak
Size
annual sales of £98.2k, make it smaller than the average company (£800.3k)
- Adjack Developments Ltd
£800.3k - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Adjack Developments Ltd
- - Industry AVG
Production
with a gross margin of 72.1%, this company has a comparable cost of product (72.1%)
- Adjack Developments Ltd
72.1% - Industry AVG
Profitability
an operating margin of 3670.1% make it more profitable than the average company (28.4%)
- Adjack Developments Ltd
28.4% - Industry AVG
Employees
with 1 employees, this is below the industry average (4)
1 - Adjack Developments Ltd
4 - Industry AVG
Pay Structure
on an average salary of £31k, the company has an equivalent pay structure (£31k)
- Adjack Developments Ltd
£31k - Industry AVG
Efficiency
resulting in sales per employee of £98.2k, this is less efficient (£173.8k)
- Adjack Developments Ltd
£173.8k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Adjack Developments Ltd
- - Industry AVG
Creditor Days
its suppliers are paid after 0 days, this is quicker than average (35 days)
- Adjack Developments Ltd
35 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Adjack Developments Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 126 weeks, this is more cash available to meet short term requirements (13 weeks)
126 weeks - Adjack Developments Ltd
13 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 9.3%, this is a lower level of debt than the average (68.3%)
9.3% - Adjack Developments Ltd
68.3% - Industry AVG
ADJACK DEVELOPMENTS LTD financials
Adjack Developments Ltd's latest turnover from April 2023 is estimated at £98.2 thousand and the company has net assets of £3.4 million. According to their latest financial statements, Adjack Developments Ltd has 1 employee and maintains cash reserves of £762 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Apr 2023 | Apr 2022 | Apr 2021 | Oct 2019 | Oct 2018 | Oct 2017 | Oct 2016 | Oct 2015 | Oct 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 | 1 | 1 | 1 | 1 | 1 | 1 | |||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Apr 2023 | Apr 2022 | Apr 2021 | Oct 2019 | Oct 2018 | Oct 2017 | Oct 2016 | Oct 2015 | Oct 2014 | |
|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 776,940 | 392,258 | 265,044 | 250,044 | 317,544 | 320,294 | 249,461 | 50,020 | 20 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 776,940 | 392,258 | 265,044 | 250,044 | 317,544 | 320,294 | 249,461 | 50,020 | 20 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 36,992 |
| Group Debtors | 1,525,126 | 1,556 | 1,407 | 1,407 | 0 | 5,550 | 3,400 | 0 | 0 |
| Misc Debtors | 571,852 | 576,500 | 140,550 | 550 | 9,200 | 40 | 40 | 0 | 0 |
| Cash | 761,983 | 11,706 | 250,512 | 210,521 | 70,509 | 61,175 | 95,497 | 146,757 | 15,532 |
| misc current assets | 69,750 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 2,928,711 | 589,762 | 392,469 | 212,478 | 79,709 | 66,765 | 98,937 | 146,757 | 52,524 |
| total assets | 3,705,651 | 982,020 | 657,513 | 462,522 | 397,253 | 387,059 | 348,398 | 196,777 | 52,544 |
| Bank overdraft | 10,000 | 10,000 | 9,167 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 1 | 0 | 1 | 0 | 0 | 1 | 0 | 1,556 | 1,887 |
| Group/Directors Accounts | 113,533 | 0 | 210 | 434 | 671 | 12,973 | 28,189 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 190,212 | 282,348 | 2,863 | 1,822 | 636 | 10,299 | 244 | 0 | 0 |
| total current liabilities | 313,746 | 292,348 | 12,241 | 2,256 | 1,307 | 23,273 | 28,433 | 1,556 | 1,887 |
| loans | 20,584 | 30,545 | 40,833 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 10,888 | 10,888 | 10,888 | 8,038 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 31,472 | 41,433 | 51,721 | 8,038 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 345,218 | 333,781 | 63,962 | 10,294 | 1,307 | 23,273 | 28,433 | 1,556 | 1,887 |
| net assets | 3,360,433 | 648,239 | 593,551 | 452,228 | 395,946 | 363,786 | 319,965 | 195,221 | 50,657 |
| total shareholders funds | 3,360,433 | 648,239 | 593,551 | 452,228 | 395,946 | 363,786 | 319,965 | 195,221 | 50,657 |
| Apr 2023 | Apr 2022 | Apr 2021 | Oct 2019 | Oct 2018 | Oct 2017 | Oct 2016 | Oct 2015 | Oct 2014 | |
|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||
| Operating Profit | |||||||||
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | |||||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 1,518,922 | 436,099 | 141,957 | -7,243 | 3,610 | 2,150 | 3,440 | -36,992 | 36,992 |
| Creditors | 1 | -1 | 1 | 0 | -1 | 1 | -1,556 | -331 | 1,887 |
| Accruals and Deferred Income | -92,136 | 279,485 | 2,863 | 1,186 | -9,663 | 10,055 | 244 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 10,888 | 8,038 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | |||||||||
| Investing Activities | |||||||||
| capital expenditure | |||||||||
| Change in Investments | 384,682 | 127,214 | 265,044 | -67,500 | -2,750 | 70,833 | 199,441 | 50,000 | 20 |
| cash flow from investments | |||||||||
| Financing Activities | |||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 113,533 | -210 | 210 | -237 | -12,302 | -15,216 | 28,189 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | -9,961 | -10,288 | 40,833 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||||||
| interest | |||||||||
| cash flow from financing | |||||||||
| cash and cash equivalents | |||||||||
| cash | 750,277 | -238,806 | 250,512 | 140,012 | 9,334 | -34,322 | -51,260 | 131,225 | 15,532 |
| overdraft | 0 | 833 | 9,167 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 750,277 | -239,639 | 241,345 | 140,012 | 9,334 | -34,322 | -51,260 | 131,225 | 15,532 |
adjack developments ltd Credit Report and Business Information
Adjack Developments Ltd Competitor Analysis
Perform a competitor analysis for adjack developments ltd by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other micro companies, companies in PR2 area or any other competitors across 12 key performance metrics.
adjack developments ltd Ownership
ADJACK DEVELOPMENTS LTD group structure
Adjack Developments Ltd has 2 subsidiary companies.
Ultimate parent company
ADJACK DEVELOPMENTS LTD
08611354
2 subsidiaries
adjack developments ltd directors
Adjack Developments Ltd currently has 1 director, Mr Adam Swarbrick serving since Jul 2013.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Adam Swarbrick | England | 41 years | Jul 2013 | - | Director |
P&L
April 2023turnover
98.2k
-36%
operating profit
3.6m
0%
gross margin
72.2%
+0.84%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
April 2023net assets
3.4m
+4.18%
total assets
3.7m
+2.77%
cash
762k
+64.09%
net assets
Total assets minus all liabilities
adjack developments ltd company details
company number
08611354
Type
Private limited with Share Capital
industry
68209 - Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.
incorporation date
July 2013
age
11
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
April 2023
previous names
N/A
accountant
MCDADE ROBERTS ACCOUNTANTS LTD
auditor
-
address
316 blackpool road, fulwood, preston, lancashire, PR2 3AE
Bank
-
Legal Advisor
-
adjack developments 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 adjack developments ltd. Currently there are 1 open charges and 0 have been satisfied in the past.
adjack developments ltd Companies House Filings - See Documents
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