haig developments ltd

haig developments ltd Company Information

Share HAIG DEVELOPMENTS LTD
Live 
EstablishedSmallHealthy

Company Number

08877069

Industry

Development of building projects

 

Directors

Paul Jeffries

Shareholders

paul antony jeffries

Group Structure

View All

Contact

Registered Address

38 sandbanks road, poole, dorset, BH14 8BX

haig developments ltd Estimated Valuation

£623.4k

Pomanda estimates the enterprise value of HAIG DEVELOPMENTS LTD at £623.4k based on a Turnover of £1.1m and 0.55x industry multiple (adjusted for size and gross margin).

haig developments ltd Estimated Valuation

£73.3k

Pomanda estimates the enterprise value of HAIG DEVELOPMENTS LTD at £73.3k based on an EBITDA of £18.9k and a 3.88x industry multiple (adjusted for size and gross margin).

haig developments ltd Estimated Valuation

£2.8m

Pomanda estimates the enterprise value of HAIG DEVELOPMENTS LTD at £2.8m based on Net Assets of £1.8m and 1.56x industry multiple (adjusted for liquidity).

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Haig Developments Ltd Overview

Haig Developments Ltd is a live company located in dorset, BH14 8BX with a Companies House number of 08877069. It operates in the development of building projects sector, SIC Code 41100. Founded in February 2014, it's largest shareholder is paul antony jeffries with a 100% stake. Haig Developments Ltd is a established, small sized company, Pomanda has estimated its turnover at £1.1m with healthy growth in recent years.

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Haig Developments Ltd Health Check

Pomanda's financial health check has awarded Haig 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

Health Check Image
Health Rating4out of 5
positive_score

3 Strong

positive_score

3 Regular

positive_score

4 Weak

size

Size

annual sales of £1.1m, make it smaller than the average company (£2.2m)

£1.1m - Haig Developments Ltd

£2.2m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 8%, show it is growing at a faster rate (3%)

8% - Haig Developments Ltd

3% - Industry AVG

production

Production

with a gross margin of 25.8%, this company has a comparable cost of product (25.8%)

25.8% - Haig Developments Ltd

25.8% - Industry AVG

profitability

Profitability

an operating margin of 1.7% make it less profitable than the average company (7.1%)

1.7% - Haig Developments Ltd

7.1% - Industry AVG

employees

Employees

with 4 employees, this is below the industry average (6)

4 - Haig Developments Ltd

6 - Industry AVG

paystructure

Pay Structure

on an average salary of £47.6k, the company has an equivalent pay structure (£47.6k)

£47.6k - Haig Developments Ltd

£47.6k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £281.7k, this is equally as efficient (£287.2k)

£281.7k - Haig Developments Ltd

£287.2k - Industry AVG

debtordays

Debtor Days

There is insufficient data available for this Key Performance Indicator!

- - Haig Developments Ltd

- - Industry AVG

creditordays

Creditor Days

There is insufficient data available for this Key Performance Indicator!

- - Haig Developments Ltd

- - Industry AVG

stockdays

Stock Days

it holds stock equivalent to 319 days, this is more than average (175 days)

319 days - Haig Developments Ltd

175 days - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 956 weeks, this is more cash available to meet short term requirements (12 weeks)

956 weeks - Haig Developments Ltd

12 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 0.3%, this is a lower level of debt than the average (74.1%)

0.3% - Haig Developments Ltd

74.1% - Industry AVG

HAIG DEVELOPMENTS LTD financials

EXPORTms excel logo

Haig Developments Ltd's latest turnover from June 2023 is estimated at £1.1 million and the company has net assets of £1.8 million. According to their latest financial statements, we estimate that Haig Developments Ltd has 4 employees and maintains cash reserves of £111.2 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Jun 2023Jun 2022Jun 2021Jun 2020Jun 2019Jun 2018Jun 2017Jun 2016Feb 2015
Turnover1,126,8101,069,011928,467893,635819,872999,5192,764655,4593,229,249
Other Income Or Grants000000000
Cost Of Sales836,422812,777718,869680,954602,314718,0091,930461,2262,308,996
Gross Profit290,388256,234209,598212,681217,558281,510834194,232920,253
Admin Expenses271,731235,301187,449189,135-232,373285,154-1,738,872246,809920,863
Operating Profit18,65720,93322,14923,546449,931-3,6441,739,706-52,577-610
Interest Payable000000000
Interest Receivable5,7251,5091291406631,7328292215
Pre-Tax Profit24,38322,44222,27823,685450,594-1,9121,740,535-52,555-595
Tax-6,096-4,264-4,233-4,500-85,6130-330,70200
Profit After Tax18,28718,17818,04519,185364,981-1,9121,409,833-52,555-595
Dividends Paid000000000
Retained Profit18,28718,17818,04519,185364,981-1,9121,409,833-52,555-595
Employee Costs190,366179,848177,565172,943174,145169,24941,297124,683425,347
Number Of Employees4444441311
EBITDA*18,87021,21722,52724,096450,619-3,6441,739,706-52,577-610

* Earnings Before Interest, Tax, Depreciation and Amortisation

Jun 2023Jun 2022Jun 2021Jun 2020Jun 2019Jun 2018Jun 2017Jun 2016Feb 2015
Tangible Assets6378501,1341,5122,0620000
Intangible Assets000000000
Investments & Other00000180000
Debtors (Due After 1 year)000000000
Total Fixed Assets6378501,1341,5122,062180000
Stock & work in progress731,251731,251731,251727,290727,290719,85802,060,218646,241
Trade Debtors00000000121,523
Group Debtors000000000
Misc Debtors956,699931,121906,296881,767856,338803,8971,031,1011,4300
Cash111,185117,824123,602134,653144,37132,365660,5732,6465,996
misc current assets000000000
total current assets1,799,1351,780,1961,761,1491,743,7101,727,9991,556,1201,691,6742,064,294773,760
total assets1,799,7721,781,0461,762,2831,745,2221,730,0611,556,3001,691,6742,064,294773,760
Bank overdraft000000000
Bank loan000000000
Trade Creditors 0000003751,362774,255
Group/Directors Accounts000000000
other short term finances000000000
hp & lease commitments000000000
other current liabilities6,0455,6065,0216,00510,029201,249334,5162,115,9820
total current liabilities6,0455,6065,0216,00510,029201,249334,8912,117,344774,255
loans000000000
hp & lease commitments000000000
Accruals and Deferred Income000000000
other liabilities000000000
provisions000000000
total long term liabilities000000000
total liabilities6,0455,6065,0216,00510,029201,249334,8912,117,344774,255
net assets1,793,7271,775,4401,757,2621,739,2171,720,0321,355,0511,356,783-53,050-495
total shareholders funds1,793,7271,775,4401,757,2621,739,2171,720,0321,355,0511,356,783-53,050-495
Jun 2023Jun 2022Jun 2021Jun 2020Jun 2019Jun 2018Jun 2017Jun 2016Feb 2015
Operating Activities
Operating Profit18,65720,93322,14923,546449,931-3,6441,739,706-52,577-610
Depreciation2132843785506880000
Amortisation000000000
Tax-6,096-4,264-4,233-4,500-85,6130-330,70200
Stock003,96107,432719,858-2,060,2181,413,977646,241
Debtors25,57824,82524,52925,42952,441-227,2041,029,671-120,093121,523
Creditors00000-375-987-772,893774,255
Accruals and Deferred Income439585-984-4,024-191,220-133,267-1,781,4662,115,9820
Deferred Taxes & Provisions000000000
Cash flow from operations-12,365-7,287-11,180-9,857113,913-629,940657,098-3,3725,881
Investing Activities
capital expenditure0000-2,7500000
Change in Investments0000-180180000
cash flow from investments0000-2,570-180000
Financing Activities
Bank loans000000000
Group/Directors Accounts000000000
Other Short Term Loans 000000000
Long term loans000000000
Hire Purchase and Lease Commitments000000000
other long term liabilities000000000
share issue0000018000100
interest5,7251,5091291406631,7328292215
cash flow from financing5,7251,5091291406631,91282922115
cash and cash equivalents
cash-6,639-5,778-11,051-9,718112,006-628,208657,927-3,3505,996
overdraft000000000
change in cash-6,639-5,778-11,051-9,718112,006-628,208657,927-3,3505,996

haig developments ltd 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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Haig Developments Ltd Competitor Analysis

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Perform a competitor analysis for haig developments ltd by selecting its closest rivals, whether from the CONSTRUCTION sector, other small companies, companies in BH14 area or any other competitors across 12 key performance metrics.

haig developments ltd Ownership

HAIG DEVELOPMENTS LTD group structure

Haig Developments Ltd has no subsidiary companies.

Ultimate parent company

HAIG DEVELOPMENTS LTD

08877069

HAIG DEVELOPMENTS LTD Shareholders

paul antony jeffries 100%

haig developments ltd directors

Haig Developments Ltd currently has 1 director, Mr Paul Jeffries serving since Feb 2014.

officercountryagestartendrole
Mr Paul JeffriesEngland59 years Feb 2014- Director

P&L

June 2023

turnover

1.1m

+5%

operating profit

18.7k

0%

gross margin

25.8%

+7.52%

turnover

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

Balance Sheet

June 2023

net assets

1.8m

+0.01%

total assets

1.8m

+0.01%

cash

111.2k

-0.06%

net assets

Total assets minus all liabilities

haig developments ltd company details

company number

08877069

Type

Private limited with Share Capital

industry

41100 - Development of building projects

incorporation date

February 2014

age

10

incorporated

UK

ultimate parent company

None

accounts

Total Exemption Full

last accounts submitted

June 2023

previous names

N/A

accountant

-

auditor

-

address

38 sandbanks road, poole, dorset, BH14 8BX

Bank

-

Legal Advisor

-

haig 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 did not find charges/mortgages relating to haig developments ltd.

haig developments 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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haig developments ltd Companies House Filings - See Documents

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