nextprime developments limited
nextprime developments limited Company Information
Company Number
08720967
Next Accounts
38 days late
Directors
Shareholders
allington holdings limited
Group Structure
View All
Industry
Specialised construction activities (other than scaffold erection) n.e.c.
+1Registered Address
limpsfield house hookwood park, limpsfield, surrey, RH8 0DU
Website
-nextprime developments limited Estimated Valuation
Pomanda estimates the enterprise value of NEXTPRIME DEVELOPMENTS LIMITED at £820k based on a Turnover of £1.8m and 0.46x industry multiple (adjusted for size and gross margin).
nextprime developments limited Estimated Valuation
Pomanda estimates the enterprise value of NEXTPRIME DEVELOPMENTS LIMITED at £0 based on an EBITDA of £-231.5k and a 3.93x industry multiple (adjusted for size and gross margin).
nextprime developments limited Estimated Valuation
Pomanda estimates the enterprise value of NEXTPRIME DEVELOPMENTS LIMITED at £0 based on Net Assets of £-736.3k and 1.85x industry multiple (adjusted for liquidity).
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Nextprime Developments Limited Overview
Nextprime Developments Limited is a live company located in surrey, RH8 0DU with a Companies House number of 08720967. It operates in the development of building projects sector, SIC Code 41100. Founded in October 2013, it's largest shareholder is allington holdings limited with a 100% stake. Nextprime Developments Limited is a established, small sized company, Pomanda has estimated its turnover at £1.8m with rapid growth in recent years.
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Nextprime Developments Limited Health Check
Pomanda's financial health check has awarded Nextprime Developments Limited a 2 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 £1.8m, make it smaller than the average company (£4.1m)
- Nextprime Developments Limited
£4.1m - Industry AVG
Growth
3 year (CAGR) sales growth of 41%, show it is growing at a faster rate (4.9%)
- Nextprime Developments Limited
4.9% - Industry AVG
Production
with a gross margin of 25.8%, this company has a comparable cost of product (25.8%)
- Nextprime Developments Limited
25.8% - Industry AVG
Profitability
an operating margin of -13.1% make it less profitable than the average company (6.9%)
- Nextprime Developments Limited
6.9% - Industry AVG
Employees
with 1 employees, this is below the industry average (16)
1 - Nextprime Developments Limited
16 - Industry AVG
Pay Structure
on an average salary of £46.4k, the company has an equivalent pay structure (£46.4k)
- Nextprime Developments Limited
£46.4k - Industry AVG
Efficiency
resulting in sales per employee of £1.8m, this is more efficient (£231.2k)
- Nextprime Developments Limited
£231.2k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Nextprime Developments Limited
- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- Nextprime Developments Limited
- - Industry AVG
Stock Days
it holds stock equivalent to 410 days, this is more than average (84 days)
- Nextprime Developments Limited
84 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 1 weeks, this is less cash available to meet short term requirements (17 weeks)
1 weeks - Nextprime Developments Limited
17 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 135.7%, this is a higher level of debt than the average (67%)
135.7% - Nextprime Developments Limited
67% - Industry AVG
NEXTPRIME DEVELOPMENTS LIMITED financials
Nextprime Developments Limited's latest turnover from April 2023 is estimated at £1.8 million and the company has net assets of -£736.3 thousand. According to their latest financial statements, Nextprime Developments Limited has 1 employee and maintains cash reserves of £59.2 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Apr 2023 | Apr 2022 | Apr 2021 | Apr 2020 | Apr 2019 | Apr 2018 | Apr 2017 | Apr 2016 | 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 | |||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Apr 2023 | Apr 2022 | Apr 2021 | Apr 2020 | Apr 2019 | Apr 2018 | Apr 2017 | Apr 2016 | Oct 2014 | |
|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 751 | 1,001 | 1,335 | 1,781 | 2,374 | 3,166 | 4,221 | 5,628 | |
| Intangible Assets | |||||||||
| Investments & Other | 180,000 | 180,000 | 180,000 | ||||||
| Debtors (Due After 1 year) | |||||||||
| Total Fixed Assets | 751 | 1,001 | 1,335 | 1,781 | 2,374 | 183,166 | 184,221 | 185,628 | |
| Stock & work in progress | 1,473,846 | 1,189,546 | 874,750 | 582,990 | 338,775 | ||||
| Trade Debtors | |||||||||
| Group Debtors | 528,191 | 535,876 | 535,876 | 532,876 | 506,796 | 264,109 | 134,800 | ||
| Misc Debtors | |||||||||
| Cash | 59,190 | 67,928 | 67,709 | 73,556 | 33,114 | 15,577 | 121,712 | 99,644 | |
| misc current assets | 65,549 | 47,030 | 7,811 | ||||||
| total current assets | 2,061,227 | 1,858,899 | 1,478,335 | 1,189,422 | 925,715 | 287,497 | 256,512 | 99,644 | |
| total assets | 2,061,978 | 1,859,900 | 1,479,670 | 1,191,203 | 928,089 | 470,663 | 440,733 | 285,272 | |
| Bank overdraft | |||||||||
| Bank loan | |||||||||
| Trade Creditors | |||||||||
| Group/Directors Accounts | |||||||||
| other short term finances | |||||||||
| hp & lease commitments | |||||||||
| other current liabilities | 2,798,314 | 2,367,215 | 1,779,352 | 1,505,180 | 1,191,492 | 522,982 | 425,730 | 275,966 | |
| total current liabilities | 2,798,314 | 2,367,215 | 1,779,352 | 1,505,180 | 1,191,492 | 522,982 | 425,730 | 275,966 | |
| loans | |||||||||
| hp & lease commitments | |||||||||
| Accruals and Deferred Income | |||||||||
| other liabilities | |||||||||
| provisions | |||||||||
| total long term liabilities | |||||||||
| total liabilities | 2,798,314 | 2,367,215 | 1,779,352 | 1,505,180 | 1,191,492 | 522,982 | 425,730 | 275,966 | |
| net assets | -736,336 | -507,315 | -299,682 | -313,977 | -263,403 | -52,319 | 15,003 | 9,306 | |
| total shareholders funds | -736,336 | -507,315 | -299,682 | -313,977 | -263,403 | -52,319 | 15,003 | 9,306 |
| Apr 2023 | Apr 2022 | Apr 2021 | Apr 2020 | Apr 2019 | Apr 2018 | Apr 2017 | Apr 2016 | Oct 2014 | |
|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||
| Operating Profit | |||||||||
| Depreciation | 250 | 334 | 446 | 593 | 792 | 1,055 | 1,407 | 1,876 | |
| Amortisation | |||||||||
| Tax | |||||||||
| Stock | 284,300 | 314,796 | 291,760 | 244,215 | 338,775 | ||||
| Debtors | -7,685 | 3,000 | 26,080 | 242,687 | 129,309 | 134,800 | |||
| Creditors | |||||||||
| Accruals and Deferred Income | 431,099 | 587,863 | 274,172 | 313,688 | 668,510 | 97,252 | 149,764 | 275,966 | |
| Deferred Taxes & Provisions | |||||||||
| Cash flow from operations | |||||||||
| Investing Activities | |||||||||
| capital expenditure | |||||||||
| Change in Investments | -180,000 | 180,000 | |||||||
| 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 | -8,738 | 219 | -5,847 | 40,442 | 17,537 | -106,135 | 22,068 | 99,644 | |
| overdraft | |||||||||
| change in cash | -8,738 | 219 | -5,847 | 40,442 | 17,537 | -106,135 | 22,068 | 99,644 |
nextprime developments limited Credit Report and Business Information
Nextprime Developments Limited Competitor Analysis
Perform a competitor analysis for nextprime developments limited by selecting its closest rivals, whether from the CONSTRUCTION sector, other small companies, companies in RH8 area or any other competitors across 12 key performance metrics.
nextprime developments limited Ownership
NEXTPRIME DEVELOPMENTS LIMITED group structure
Nextprime Developments Limited has no subsidiary companies.
Ultimate parent company
1 parent
NEXTPRIME DEVELOPMENTS LIMITED
08720967
nextprime developments limited directors
Nextprime Developments Limited currently has 1 director, Mr Keith Allington serving since Oct 2013.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Keith Allington | 58 years | Oct 2013 | - | Director |
P&L
April 2023turnover
1.8m
+39%
operating profit
-231.7k
0%
gross margin
25.9%
+2.6%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
April 2023net assets
-736.3k
+0.45%
total assets
2.1m
+0.11%
cash
59.2k
-0.13%
net assets
Total assets minus all liabilities
nextprime developments limited company details
company number
08720967
Type
Private limited with Share Capital
industry
43999 - Specialised construction activities (other than scaffold erection) n.e.c.
41100 - Development of building projects
incorporation date
October 2013
age
12
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
April 2023
previous names
N/A
accountant
-
auditor
-
address
limpsfield house hookwood park, limpsfield, surrey, RH8 0DU
Bank
-
Legal Advisor
-
nextprime 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 nextprime developments limited.
nextprime 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.
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nextprime developments limited Companies House Filings - See Documents
| date | description | view/download |
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