meteor chapel developments limited
meteor chapel developments limited Company Information
Company Number
09021904
Next Accounts
109 days late
Shareholders
meteor developments holdings ltd
Group Structure
View All
Industry
Development of building projects
Registered Address
finch house, 28-30 wolverhampton street, dudley, west midlands, DY1 1DB
Website
-meteor chapel developments limited Estimated Valuation
Pomanda estimates the enterprise value of METEOR CHAPEL DEVELOPMENTS LIMITED at £16m based on a Turnover of £21.8m and 0.73x industry multiple (adjusted for size and gross margin).
meteor chapel developments limited Estimated Valuation
Pomanda estimates the enterprise value of METEOR CHAPEL DEVELOPMENTS LIMITED at £174.3k based on an EBITDA of £30.2k and a 5.78x industry multiple (adjusted for size and gross margin).
meteor chapel developments limited Estimated Valuation
Pomanda estimates the enterprise value of METEOR CHAPEL DEVELOPMENTS LIMITED at £152.3k based on Net Assets of £107.8k and 1.41x industry multiple (adjusted for liquidity).
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Meteor Chapel Developments Limited Overview
Meteor Chapel Developments Limited is a live company located in dudley, DY1 1DB with a Companies House number of 09021904. It operates in the development of building projects sector, SIC Code 41100. Founded in May 2014, it's largest shareholder is meteor developments holdings ltd with a 100% stake. Meteor Chapel Developments Limited is a established, large sized company, Pomanda has estimated its turnover at £21.8m with declining growth in recent years.
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Meteor Chapel Developments Limited Health Check
Pomanda's financial health check has awarded Meteor Chapel Developments Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 6 areas for improvement. Company Health Check FAQs
3 Strong
2 Regular
6 Weak
Size
annual sales of £21.8m, make it larger than the average company (£2.2m)
- Meteor Chapel Developments Limited
£2.2m - Industry AVG
Growth
3 year (CAGR) sales growth of 0%, show it is growing at a slower rate (2.3%)
- Meteor Chapel Developments Limited
2.3% - Industry AVG
Production
with a gross margin of 25.9%, this company has a comparable cost of product (25.9%)
- Meteor Chapel Developments Limited
25.9% - Industry AVG
Profitability
an operating margin of 0.1% make it less profitable than the average company (8.4%)
- Meteor Chapel Developments Limited
8.4% - Industry AVG
Employees
with 4 employees, this is below the industry average (6)
4 - Meteor Chapel Developments Limited
6 - Industry AVG
Pay Structure
on an average salary of £45.9k, the company has an equivalent pay structure (£45.9k)
- Meteor Chapel Developments Limited
£45.9k - Industry AVG
Efficiency
resulting in sales per employee of £5.5m, this is more efficient (£270.9k)
- Meteor Chapel Developments Limited
£270.9k - Industry AVG
Debtor Days
it gets paid by customers after 45 days, this is later than average (28 days)
- Meteor Chapel Developments Limited
28 days - Industry AVG
Creditor Days
its suppliers are paid after 61 days, this is slower than average (30 days)
- Meteor Chapel Developments Limited
30 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Meteor Chapel Developments Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 1 weeks, this is less cash available to meet short term requirements (14 weeks)
1 weeks - Meteor Chapel Developments Limited
14 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 96.2%, this is a higher level of debt than the average (73.9%)
96.2% - Meteor Chapel Developments Limited
73.9% - Industry AVG
METEOR CHAPEL DEVELOPMENTS LIMITED financials
Meteor Chapel Developments Limited's latest turnover from March 2023 is estimated at £21.8 million and the company has net assets of £107.8 thousand. According to their latest financial statements, Meteor Chapel Developments Limited has 4 employees and maintains cash reserves of £98.9 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | 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 | 3 | 3 | 4 | 4 | 4 | 4 | 4 | |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | |
|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | |||||||||
| Intangible Assets | |||||||||
| Investments & Other | |||||||||
| Debtors (Due After 1 year) | |||||||||
| Total Fixed Assets | |||||||||
| Stock & work in progress | 43,124 | ||||||||
| Trade Debtors | 2,720,220 | 2,729,079 | 2,537,817 | 2,555,318 | 2,835,379 | 2,798,089 | 3,075,275 | 1,793,839 | 98,656 |
| Group Debtors | |||||||||
| Misc Debtors | |||||||||
| Cash | 98,867 | 80,466 | 319,473 | 287,809 | 5,306 | 4,008 | 17,194 | 14,083 | 14,681 |
| misc current assets | |||||||||
| total current assets | 2,819,087 | 2,809,545 | 2,857,290 | 2,843,127 | 2,840,685 | 2,802,097 | 3,092,469 | 1,807,922 | 156,461 |
| total assets | 2,819,087 | 2,809,545 | 2,857,290 | 2,843,127 | 2,840,685 | 2,802,097 | 3,092,469 | 1,807,922 | 156,461 |
| Bank overdraft | |||||||||
| Bank loan | 1,311,436 | ||||||||
| Trade Creditors | 2,711,274 | 2,729,242 | 2,821,242 | 2,823,717 | 2,823,849 | 2,743,905 | 1,690,642 | 1,823,011 | 163,281 |
| Group/Directors Accounts | |||||||||
| other short term finances | |||||||||
| hp & lease commitments | |||||||||
| other current liabilities | |||||||||
| total current liabilities | 2,711,274 | 2,729,242 | 2,821,242 | 2,823,717 | 2,823,849 | 2,743,905 | 3,002,078 | 1,823,011 | 163,281 |
| loans | |||||||||
| hp & lease commitments | |||||||||
| Accruals and Deferred Income | |||||||||
| other liabilities | |||||||||
| provisions | |||||||||
| total long term liabilities | |||||||||
| total liabilities | 2,711,274 | 2,729,242 | 2,821,242 | 2,823,717 | 2,823,849 | 2,743,905 | 3,002,078 | 1,823,011 | 163,281 |
| net assets | 107,813 | 80,303 | 36,048 | 19,410 | 16,836 | 58,192 | 90,391 | -15,089 | -6,820 |
| total shareholders funds | 107,813 | 80,303 | 36,048 | 19,410 | 16,836 | 58,192 | 90,391 | -15,089 | -6,820 |
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | |
|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||
| Operating Profit | |||||||||
| Depreciation | |||||||||
| Amortisation | |||||||||
| Tax | |||||||||
| Stock | -43,124 | 43,124 | |||||||
| Debtors | -8,859 | 191,262 | -17,501 | -280,061 | 37,290 | -277,186 | 1,281,436 | 1,695,183 | 98,656 |
| Creditors | -17,968 | -92,000 | -2,475 | -132 | 79,944 | 1,053,263 | -132,369 | 1,659,730 | 163,281 |
| Accruals and Deferred Income | |||||||||
| Deferred Taxes & Provisions | |||||||||
| Cash flow from operations | |||||||||
| Investing Activities | |||||||||
| capital expenditure | |||||||||
| Change in Investments | |||||||||
| cash flow from investments | |||||||||
| Financing Activities | |||||||||
| Bank loans | -1,311,436 | 1,311,436 | |||||||
| 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 | 18,401 | -239,007 | 31,664 | 282,503 | 1,298 | -13,186 | 3,111 | -598 | 14,681 |
| overdraft | |||||||||
| change in cash | 18,401 | -239,007 | 31,664 | 282,503 | 1,298 | -13,186 | 3,111 | -598 | 14,681 |
meteor chapel developments limited Credit Report and Business Information
Meteor Chapel Developments Limited Competitor Analysis
Perform a competitor analysis for meteor chapel developments limited by selecting its closest rivals, whether from the CONSTRUCTION sector, other large companies, companies in DY1 area or any other competitors across 12 key performance metrics.
meteor chapel developments limited Ownership
METEOR CHAPEL DEVELOPMENTS LIMITED group structure
Meteor Chapel Developments Limited has no subsidiary companies.
Ultimate parent company
1 parent
METEOR CHAPEL DEVELOPMENTS LIMITED
09021904
meteor chapel developments limited directors
Meteor Chapel Developments Limited currently has 4 directors. The longest serving directors include Mr Peter London (May 2014) and Dr Sally Murrall-Smith (Jun 2015).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Peter London | 74 years | May 2014 | - | Director | |
| Dr Sally Murrall-Smith | United Kingdom | 46 years | Jun 2015 | - | Director |
| Mr Raymond Seymour | 68 years | Oct 2015 | - | Director | |
| Mr Roger Street | England | 72 years | Oct 2022 | - | Director |
P&L
March 2023turnover
21.8m
+5%
operating profit
30.2k
0%
gross margin
25.9%
+5.43%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2023net assets
107.8k
+0.34%
total assets
2.8m
0%
cash
98.9k
+0.23%
net assets
Total assets minus all liabilities
meteor chapel developments limited company details
company number
09021904
Type
Private limited with Share Capital
industry
41100 - Development of building projects
incorporation date
May 2014
age
11
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
March 2023
previous names
N/A
accountant
-
auditor
-
address
finch house, 28-30 wolverhampton street, dudley, west midlands, DY1 1DB
Bank
-
Legal Advisor
-
meteor chapel 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 found 3 charges/mortgages relating to meteor chapel developments limited. Currently there are 0 open charges and 3 have been satisfied in the past.
meteor chapel 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.
Click to start generating capital raising & share issue transactions for METEOR CHAPEL DEVELOPMENTS LIMITED. This can take several minutes, an email will notify you when this has completed.
meteor chapel developments limited Companies House Filings - See Documents
| date | description | view/download |
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