danebe developments limited
danebe developments limited Company Information
Company Number
08950104
Website
www.danubedevelopments.co.ukRegistered Address
1 city road east, manchester, M15 4PN
Industry
Construction of domestic buildings
Telephone
-
Next Accounts Due
October 2024
Group Structure
View All
Directors
Michael Tiernan10 Years
Shareholders
michael joseph tiernan 90%
janet parsons 10%
danebe developments limited Estimated Valuation
Pomanda estimates the enterprise value of DANEBE DEVELOPMENTS LIMITED at £135.1k based on a Turnover of £340.6k and 0.4x industry multiple (adjusted for size and gross margin).
danebe developments limited Estimated Valuation
Pomanda estimates the enterprise value of DANEBE DEVELOPMENTS LIMITED at £0 based on an EBITDA of £-4.7k and a 3.17x industry multiple (adjusted for size and gross margin).
danebe developments limited Estimated Valuation
Pomanda estimates the enterprise value of DANEBE DEVELOPMENTS LIMITED at £0 based on Net Assets of £-1.1k and 1.39x industry multiple (adjusted for liquidity).
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Danebe Developments Limited Overview
Danebe Developments Limited is a dissolved company that was located in manchester, M15 4PN with a Companies House number of 08950104. It operated in the construction of domestic buildings sector, SIC Code 41202. Founded in March 2014, it's largest shareholder was michael joseph tiernan with a 90% stake. The last turnover for Danebe Developments Limited was estimated at £340.6k.
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Danebe Developments Limited Health Check
Pomanda's financial health check has awarded Danebe Developments Limited a 2 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 7 areas for improvement. Company Health Check FAQs
2 Strong
1 Regular
7 Weak
Size
annual sales of £340.6k, make it smaller than the average company (£435.5k)
- Danebe Developments Limited
£435.5k - Industry AVG
Growth
3 year (CAGR) sales growth of -25%, show it is growing at a slower rate (8%)
- Danebe Developments Limited
8% - Industry AVG
Production
with a gross margin of 11.5%, this company has a higher cost of product (21.4%)
- Danebe Developments Limited
21.4% - Industry AVG
Profitability
an operating margin of -1.4% make it less profitable than the average company (8.6%)
- Danebe Developments Limited
8.6% - Industry AVG
Employees
with 1 employees, this is below the industry average (6)
1 - Danebe Developments Limited
6 - Industry AVG
Pay Structure
on an average salary of £40.9k, the company has an equivalent pay structure (£40.9k)
- Danebe Developments Limited
£40.9k - Industry AVG
Efficiency
resulting in sales per employee of £340.6k, this is more efficient (£257.5k)
- Danebe Developments Limited
£257.5k - Industry AVG
Debtor Days
it gets paid by customers after 84 days, this is later than average (25 days)
- Danebe Developments Limited
25 days - Industry AVG
Creditor Days
its suppliers are paid after 93 days, this is slower than average (31 days)
- Danebe Developments Limited
31 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Danebe Developments Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Danebe Developments Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 101.4%, this is a higher level of debt than the average (72%)
101.4% - Danebe Developments Limited
72% - Industry AVG
DANEBE DEVELOPMENTS LIMITED financials
Danebe Developments Limited's latest turnover from August 2019 is estimated at £340.6 thousand and the company has net assets of -£1.1 thousand. According to their latest financial statements, Danebe Developments Limited has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Aug 2019 | Aug 2018 | Aug 2017 | Aug 2016 | Aug 2015 | Aug 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 | |||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Aug 2019 | Aug 2018 | Aug 2017 | Aug 2016 | Aug 2015 | Aug 2014 | |
|---|---|---|---|---|---|---|
| Tangible Assets | 0 | 0 | 0 | 40,417 | 10,875 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 0 | 0 | 0 | 40,417 | 10,875 | 0 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 307,925 | 116,905 |
| Trade Debtors | 78,744 | 79,910 | 84,235 | 551 | 1,311 | 199 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 0 | 0 | 0 | 291,106 | 1,957 | 53 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 78,744 | 79,910 | 84,235 | 291,657 | 311,193 | 117,157 |
| total assets | 78,744 | 79,910 | 84,235 | 332,074 | 322,068 | 117,157 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 77,109 | 76,345 | 80,990 | 325,011 | 332,511 | 117,715 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 0 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 77,109 | 76,345 | 80,990 | 325,011 | 332,511 | 117,715 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 2,735 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 2,735 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 79,844 | 76,345 | 80,990 | 325,011 | 332,511 | 117,715 |
| net assets | -1,100 | 3,565 | 3,245 | 7,063 | -10,443 | -558 |
| total shareholders funds | -1,100 | 3,565 | 3,245 | 7,063 | -10,443 | -558 |
| Aug 2019 | Aug 2018 | Aug 2017 | Aug 2016 | Aug 2015 | Aug 2014 | |
|---|---|---|---|---|---|---|
| Operating Activities | ||||||
| Operating Profit | ||||||
| Depreciation | 0 | 0 | 0 | 8,083 | 3,625 | 0 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | ||||||
| Stock | 0 | 0 | 0 | -307,925 | 191,020 | 116,905 |
| Debtors | -1,166 | -4,325 | 83,684 | -760 | 1,112 | 199 |
| Creditors | 764 | -4,645 | -244,021 | -7,500 | 214,796 | 117,715 |
| Accruals and Deferred Income | 2,735 | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | ||||||
| Investing Activities | ||||||
| capital expenditure | ||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | ||||||
| Financing Activities | ||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||
| interest | ||||||
| cash flow from financing | ||||||
| cash and cash equivalents | ||||||
| cash | 0 | 0 | -291,106 | 289,149 | 1,904 | 53 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 0 | 0 | -291,106 | 289,149 | 1,904 | 53 |
danebe developments limited Credit Report and Business Information
Danebe Developments Limited Competitor Analysis
Perform a competitor analysis for danebe developments limited by selecting its closest rivals, whether from the CONSTRUCTION sector, other undefined companies, companies in M15 area or any other competitors across 12 key performance metrics.
danebe developments limited Ownership
DANEBE DEVELOPMENTS LIMITED group structure
Danebe Developments Limited has no subsidiary companies.
Ultimate parent company
DANEBE DEVELOPMENTS LIMITED
08950104
danebe developments limited directors
Danebe Developments Limited currently has 1 director, Mr Michael Tiernan serving since Mar 2014.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Michael Tiernan | England | 59 years | Mar 2014 | - | Director |
P&L
August 2019turnover
340.6k
-21%
operating profit
-4.7k
0%
gross margin
11.5%
-5.45%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
August 2019net assets
-1.1k
-1.31%
total assets
78.7k
-0.01%
cash
0
0%
net assets
Total assets minus all liabilities
danebe developments limited company details
company number
08950104
Type
Private limited with Share Capital
industry
41202 - Construction of domestic buildings
incorporation date
March 2014
age
10
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
August 2019
previous names
N/A
accountant
BWP INSPIRE LTD
auditor
-
address
1 city road east, manchester, M15 4PN
Bank
-
Legal Advisor
-
danebe 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 danebe developments limited.
danebe developments limited Companies House Filings - See Documents
| date | description | view/download |
|---|
