haig developments ltd Company Information
Company Number
08877069
Next Accounts
Mar 2025
Industry
Development of building projects
Directors
Shareholders
paul antony jeffries
Group Structure
View All
Contact
Registered Address
38 sandbanks road, poole, dorset, BH14 8BX
Website
hagueconstruction.co.ukhaig developments ltd Estimated Valuation
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
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
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](/assets/images/big_heart.png)
![positive_score](/assets/images/scoreRate2.png)
3 Strong
![positive_score](/assets/images/scoreRate1.png)
3 Regular
![positive_score](/assets/images/scoreRate0.png)
4 Weak
![size](/assets/images/scoreRate0.png)
Size
annual sales of £1.1m, make it smaller than the average company (£2.2m)
- Haig Developments Ltd
£2.2m - Industry AVG
![growth](/assets/images/scoreRate2.png)
Growth
3 year (CAGR) sales growth of 8%, show it is growing at a faster rate (3%)
- Haig Developments Ltd
3% - Industry AVG
![production](/assets/images/scoreRate1.png)
Production
with a gross margin of 25.8%, this company has a comparable cost of product (25.8%)
- Haig Developments Ltd
25.8% - Industry AVG
![profitability](/assets/images/scoreRate0.png)
Profitability
an operating margin of 1.7% make it less profitable than the average company (7.1%)
- Haig Developments Ltd
7.1% - Industry AVG
![employees](/assets/images/scoreRate0.png)
Employees
with 4 employees, this is below the industry average (6)
- Haig Developments Ltd
6 - Industry AVG
![paystructure](/assets/images/scoreRate1.png)
Pay Structure
on an average salary of £47.6k, the company has an equivalent pay structure (£47.6k)
- Haig Developments Ltd
£47.6k - Industry AVG
![efficiency](/assets/images/scoreRate1.png)
Efficiency
resulting in sales per employee of £281.7k, this is equally as efficient (£287.2k)
- Haig Developments Ltd
£287.2k - Industry AVG
![debtordays](/assets/images/scoreRate-1.png)
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Haig Developments Ltd
- - Industry AVG
![creditordays](/assets/images/scoreRate-1.png)
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- Haig Developments Ltd
- - Industry AVG
![stockdays](/assets/images/scoreRate0.png)
Stock Days
it holds stock equivalent to 319 days, this is more than average (175 days)
- Haig Developments Ltd
175 days - Industry AVG
![cashbalance](/assets/images/scoreRate2.png)
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](/assets/images/scoreRate2.png)
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
![ms excel logo](/assets/images/ms_excel_logo.png)
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 House, Pomanda Estimates
Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Jun 2018 | Jun 2017 | Jun 2016 | Feb 2015 | |
---|---|---|---|---|---|---|---|---|---|
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 | |||||||||
EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Jun 2018 | Jun 2017 | Jun 2016 | Feb 2015 | |
---|---|---|---|---|---|---|---|---|---|
Tangible Assets | 637 | 850 | 1,134 | 1,512 | 2,062 | 0 | 0 | 0 | 0 |
Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Investments & Other | 0 | 0 | 0 | 0 | 0 | 180 | 0 | 0 | 0 |
Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Total Fixed Assets | 637 | 850 | 1,134 | 1,512 | 2,062 | 180 | 0 | 0 | 0 |
Stock & work in progress | 731,251 | 731,251 | 731,251 | 727,290 | 727,290 | 719,858 | 0 | 2,060,218 | 646,241 |
Trade Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 121,523 |
Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Misc Debtors | 956,699 | 931,121 | 906,296 | 881,767 | 856,338 | 803,897 | 1,031,101 | 1,430 | 0 |
Cash | 111,185 | 117,824 | 123,602 | 134,653 | 144,371 | 32,365 | 660,573 | 2,646 | 5,996 |
misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total current assets | 1,799,135 | 1,780,196 | 1,761,149 | 1,743,710 | 1,727,999 | 1,556,120 | 1,691,674 | 2,064,294 | 773,760 |
total assets | 1,799,772 | 1,781,046 | 1,762,283 | 1,745,222 | 1,730,061 | 1,556,300 | 1,691,674 | 2,064,294 | 773,760 |
Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Trade Creditors | 0 | 0 | 0 | 0 | 0 | 0 | 375 | 1,362 | 774,255 |
Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 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 | 6,045 | 5,606 | 5,021 | 6,005 | 10,029 | 201,249 | 334,516 | 2,115,982 | 0 |
total current liabilities | 6,045 | 5,606 | 5,021 | 6,005 | 10,029 | 201,249 | 334,891 | 2,117,344 | 774,255 |
loans | 0 | 0 | 0 | 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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total liabilities | 6,045 | 5,606 | 5,021 | 6,005 | 10,029 | 201,249 | 334,891 | 2,117,344 | 774,255 |
net assets | 1,793,727 | 1,775,440 | 1,757,262 | 1,739,217 | 1,720,032 | 1,355,051 | 1,356,783 | -53,050 | -495 |
total shareholders funds | 1,793,727 | 1,775,440 | 1,757,262 | 1,739,217 | 1,720,032 | 1,355,051 | 1,356,783 | -53,050 | -495 |
Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Jun 2018 | Jun 2017 | Jun 2016 | Feb 2015 | |
---|---|---|---|---|---|---|---|---|---|
Operating Activities | |||||||||
Operating Profit | |||||||||
Depreciation | 213 | 284 | 378 | 550 | 688 | 0 | 0 | 0 | 0 |
Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Tax | |||||||||
Stock | 0 | 0 | 3,961 | 0 | 7,432 | 719,858 | -2,060,218 | 1,413,977 | 646,241 |
Debtors | 25,578 | 24,825 | 24,529 | 25,429 | 52,441 | -227,204 | 1,029,671 | -120,093 | 121,523 |
Creditors | 0 | 0 | 0 | 0 | 0 | -375 | -987 | -772,893 | 774,255 |
Accruals and Deferred Income | 439 | 585 | -984 | -4,024 | -191,220 | -133,267 | -1,781,466 | 2,115,982 | 0 |
Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Cash flow from operations | |||||||||
Investing Activities | |||||||||
capital expenditure | |||||||||
Change in Investments | 0 | 0 | 0 | 0 | -180 | 180 | 0 | 0 | 0 |
cash flow from investments | |||||||||
Financing Activities | |||||||||
Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Long term loans | 0 | 0 | 0 | 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 | -6,639 | -5,778 | -11,051 | -9,718 | 112,006 | -628,208 | 657,927 | -3,350 | 5,996 |
overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
change in cash | -6,639 | -5,778 | -11,051 | -9,718 | 112,006 | -628,208 | 657,927 | -3,350 | 5,996 |
haig developments ltd Credit Report and Business Information
Haig Developments Ltd Competitor Analysis
![competitor_analysis_table_img](/assets/images/competitor_analysis_table.png)
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 directors
Haig Developments Ltd currently has 1 director, Mr Paul Jeffries serving since Feb 2014.
officer | country | age | start | end | role |
---|---|---|---|---|---|
Mr Paul Jeffries | England | 59 years | Feb 2014 | - | Director |
P&L
June 2023turnover
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 2023net 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
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
date | description | view/download |
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