highnam developments limited
highnam developments limited Company Information
Company Number
09020536
Website
-Registered Address
26/28 goodall street, walsall, west midlands, WS1 1QL
Industry
Buying and selling of own real estate
Telephone
-
Next Accounts Due
October 2024
Group Structure
View All
Shareholders
christopher kenny 40%
paul markey 20%
View Allhighnam developments limited Estimated Valuation
Pomanda estimates the enterprise value of HIGHNAM DEVELOPMENTS LIMITED at £1m based on a Turnover of £416.1k and 2.42x industry multiple (adjusted for size and gross margin).
highnam developments limited Estimated Valuation
Pomanda estimates the enterprise value of HIGHNAM DEVELOPMENTS LIMITED at £0 based on an EBITDA of £-7k and a 5.95x industry multiple (adjusted for size and gross margin).
highnam developments limited Estimated Valuation
Pomanda estimates the enterprise value of HIGHNAM DEVELOPMENTS LIMITED at £1.8m based on Net Assets of £1.3m and 1.45x industry multiple (adjusted for liquidity).
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Highnam Developments Limited Overview
Highnam Developments Limited is a dissolved company that was located in west midlands, WS1 1QL with a Companies House number of 09020536. It operated in the buying and selling of own real estate sector, SIC Code 68100. Founded in May 2014, it's largest shareholder was christopher kenny with a 40% stake. The last turnover for Highnam Developments Limited was estimated at £416.1k.
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Highnam Developments Limited Health Check
Pomanda's financial health check has awarded Highnam Developments Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 5 areas for improvement. Company Health Check FAQs
2 Strong
3 Regular
5 Weak
Size
annual sales of £416.1k, make it smaller than the average company (£633.4k)
- Highnam Developments Limited
£633.4k - Industry AVG
Growth
3 year (CAGR) sales growth of -20%, show it is growing at a slower rate (3.4%)
- Highnam Developments Limited
3.4% - Industry AVG
Production
with a gross margin of 68%, this company has a comparable cost of product (68%)
- Highnam Developments Limited
68% - Industry AVG
Profitability
an operating margin of -1.7% make it less profitable than the average company (51.2%)
- Highnam Developments Limited
51.2% - Industry AVG
Employees
with 4 employees, this is similar to the industry average (4)
4 - Highnam Developments Limited
4 - Industry AVG
Pay Structure
on an average salary of £35.1k, the company has an equivalent pay structure (£35.1k)
- Highnam Developments Limited
£35.1k - Industry AVG
Efficiency
resulting in sales per employee of £104k, this is less efficient (£206.5k)
- Highnam Developments Limited
£206.5k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Highnam Developments Limited
- - Industry AVG
Creditor Days
its suppliers are paid after 7 days, this is quicker than average (38 days)
- Highnam Developments Limited
38 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Highnam Developments Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 19 weeks, this is more cash available to meet short term requirements (8 weeks)
19 weeks - Highnam Developments Limited
8 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 0.9%, this is a lower level of debt than the average (60%)
0.9% - Highnam Developments Limited
60% - Industry AVG
HIGHNAM DEVELOPMENTS LIMITED financials
Highnam Developments Limited's latest turnover from March 2018 is estimated at £416.1 thousand and the company has net assets of £1.3 million. According to their latest financial statements, Highnam Developments Limited has 4 employees and maintains cash reserves of £4.2 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2018 | Mar 2017 | Mar 2016 | Mar 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 | 4 | 4 | 2 | |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | |
|---|---|---|---|---|
| Tangible Assets | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 0 | 0 | 0 | 0 |
| Stock & work in progress | 0 | 0 | 258,017 | 17,124 |
| Trade Debtors | 0 | 0 | 0 | 97,356 |
| Group Debtors | 0 | 0 | 0 | 0 |
| Misc Debtors | 1,281,075 | 1,415,000 | 86,134 | 0 |
| Cash | 4,202 | 190,854 | 1,093 | 250 |
| misc current assets | 0 | 0 | 0 | 0 |
| total current assets | 1,285,277 | 1,605,854 | 345,244 | 114,730 |
| total assets | 1,285,277 | 1,605,854 | 345,244 | 114,730 |
| Bank overdraft | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 |
| Trade Creditors | 2,718 | 1,368 | 1,812 | 116,280 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 |
| other current liabilities | 8,426 | 323,839 | 346,291 | 0 |
| total current liabilities | 11,144 | 325,207 | 348,103 | 116,280 |
| loans | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 0 |
| total liabilities | 11,144 | 325,207 | 348,103 | 116,280 |
| net assets | 1,274,133 | 1,280,647 | -2,859 | -1,550 |
| total shareholders funds | 1,274,133 | 1,280,647 | -2,859 | -1,550 |
| Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | |
|---|---|---|---|---|
| Operating Activities | ||||
| Operating Profit | ||||
| Depreciation | 0 | 0 | 0 | 0 |
| Amortisation | 0 | 0 | 0 | 0 |
| Tax | ||||
| Stock | 0 | -258,017 | 240,893 | 17,124 |
| Debtors | -133,925 | 1,328,866 | -11,222 | 97,356 |
| Creditors | 1,350 | -444 | -114,468 | 116,280 |
| Accruals and Deferred Income | -315,413 | -22,452 | 346,291 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 |
| Cash flow from operations | ||||
| Investing Activities | ||||
| capital expenditure | ||||
| Change in Investments | 0 | 0 | 0 | 0 |
| cash flow from investments | ||||
| Financing Activities | ||||
| Bank loans | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 |
| share issue | ||||
| interest | ||||
| cash flow from financing | ||||
| cash and cash equivalents | ||||
| cash | -186,652 | 189,761 | 843 | 250 |
| overdraft | 0 | 0 | 0 | 0 |
| change in cash | -186,652 | 189,761 | 843 | 250 |
highnam developments limited Credit Report and Business Information
Highnam Developments Limited Competitor Analysis
Perform a competitor analysis for highnam developments limited by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other undefined companies, companies in WS1 area or any other competitors across 12 key performance metrics.
highnam developments limited Ownership
HIGHNAM DEVELOPMENTS LIMITED group structure
Highnam Developments Limited has no subsidiary companies.
Ultimate parent company
HIGHNAM DEVELOPMENTS LIMITED
09020536
highnam developments limited directors
Highnam Developments Limited currently has 6 directors. The longest serving directors include Mr Paul Markey (May 2014) and Mr Anthony Markey (May 2014).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Paul Markey | 64 years | May 2014 | - | Director | |
| Mr Anthony Markey | United Kingdom | 60 years | May 2014 | - | Director |
| Mr Cyrus Patel | United Kingdom | 43 years | Oct 2016 | - | Director |
| Mr Edward Le Baigue | 92 years | Oct 2016 | - | Director | |
| Mr Christopher Kenny | 72 years | Oct 2016 | - | Director | |
| Mr Gregory Jones | Wales | 74 years | Oct 2016 | - | Director |
P&L
March 2018turnover
416.1k
-3%
operating profit
-7k
0%
gross margin
68%
+0.36%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2018net assets
1.3m
-0.01%
total assets
1.3m
-0.2%
cash
4.2k
-0.98%
net assets
Total assets minus all liabilities
highnam developments limited company details
company number
09020536
Type
Private limited with Share Capital
industry
68100 - Buying and selling of own real estate
incorporation date
May 2014
age
10
incorporated
UK
accounts
Total Exemption Full
ultimate parent company
previous names
N/A
last accounts submitted
March 2018
address
26/28 goodall street, walsall, west midlands, WS1 1QL
accountant
-
auditor
-
highnam 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 highnam developments limited.
highnam developments limited Companies House Filings - See Documents
| date | description | view/download |
|---|
