kelly's developments limited
kelly's developments limited Company Information
Company Number
09123602
Next Accounts
Jun 2025
Shareholders
david simeon martin
david martin
View AllGroup Structure
View All
Industry
Development of building projects
Registered Address
slyfield green industrial estate, westfield road, guildford, surrey, GU1 1SB
Website
-kelly's developments limited Estimated Valuation
Pomanda estimates the enterprise value of KELLY'S DEVELOPMENTS LIMITED at £341.8k based on a Turnover of £710.4k and 0.48x industry multiple (adjusted for size and gross margin).
kelly's developments limited Estimated Valuation
Pomanda estimates the enterprise value of KELLY'S DEVELOPMENTS LIMITED at £0 based on an EBITDA of £-175.6k and a 3.8x industry multiple (adjusted for size and gross margin).
kelly's developments limited Estimated Valuation
Pomanda estimates the enterprise value of KELLY'S DEVELOPMENTS LIMITED at £1.9m based on Net Assets of £1.3m and 1.41x industry multiple (adjusted for liquidity).
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Kelly's Developments Limited Overview
Kelly's Developments Limited is a live company located in guildford, GU1 1SB with a Companies House number of 09123602. It operates in the development of building projects sector, SIC Code 41100. Founded in July 2014, it's largest shareholder is david simeon martin with a 78.6% stake. Kelly's Developments Limited is a established, small sized company, Pomanda has estimated its turnover at £710.4k with healthy growth in recent years.
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Kelly's Developments Limited Health Check
Pomanda's financial health check has awarded Kelly'S Developments Limited a 4 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 5 areas for improvement. Company Health Check FAQs
3 Strong
3 Regular
5 Weak
Size
annual sales of £710.4k, make it smaller than the average company (£2.2m)
- Kelly's Developments Limited
£2.2m - Industry AVG
Growth
3 year (CAGR) sales growth of 14%, show it is growing at a faster rate (3.5%)
- Kelly's Developments Limited
3.5% - Industry AVG
Production
with a gross margin of 26.4%, this company has a comparable cost of product (26.4%)
- Kelly's Developments Limited
26.4% - Industry AVG
Profitability
an operating margin of -26% make it less profitable than the average company (7%)
- Kelly's Developments Limited
7% - Industry AVG
Employees
with 3 employees, this is below the industry average (6)
- Kelly's Developments Limited
6 - Industry AVG
Pay Structure
on an average salary of £47.9k, the company has an equivalent pay structure (£47.9k)
- Kelly's Developments Limited
£47.9k - Industry AVG
Efficiency
resulting in sales per employee of £236.8k, this is equally as efficient (£275.1k)
- Kelly's Developments Limited
£275.1k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Kelly's Developments Limited
- - Industry AVG
Creditor Days
its suppliers are paid after 17 days, this is quicker than average (30 days)
- Kelly's Developments Limited
30 days - Industry AVG
Stock Days
it holds stock equivalent to 895 days, this is more than average (164 days)
- Kelly's Developments Limited
164 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 35 weeks, this is more cash available to meet short term requirements (13 weeks)
35 weeks - Kelly's Developments Limited
13 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 36.5%, this is a lower level of debt than the average (72.7%)
36.5% - Kelly's Developments Limited
72.7% - Industry AVG
KELLY'S DEVELOPMENTS LIMITED financials
Kelly'S Developments Limited's latest turnover from September 2023 is estimated at £710.4 thousand and the company has net assets of £1.3 million. According to their latest financial statements, we estimate that Kelly'S Developments Limited has 3 employees and maintains cash reserves of £490.6 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Sep 2023 | Sep 2022 | Sep 2021 | Sep 2020 | Sep 2019 | Sep 2018 | Sep 2017 | Sep 2016 | Sep 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 | 2 | ||||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Sep 2023 | Sep 2022 | Sep 2021 | Sep 2020 | Sep 2019 | Sep 2018 | Sep 2017 | Sep 2016 | Sep 2015 | |
|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 52,433 | 22,149 | |||||||
| Intangible Assets | |||||||||
| Investments & Other | 67 | ||||||||
| Debtors (Due After 1 year) | 195,893 | ||||||||
| Total Fixed Assets | 248,393 | 22,149 | |||||||
| Stock & work in progress | 1,281,701 | 2,189,498 | 2,388,780 | 1,435,564 | 1,325,644 | 1,001,836 | 1,016,961 | 769,476 | |
| Trade Debtors | 1,754,908 | 203,830 | 119,098 | ||||||
| Group Debtors | 3,967 | ||||||||
| Misc Debtors | 55,163 | 14,714 | 3,904 | 3,098 | 29,375 | 5,514 | |||
| Cash | 490,576 | 455,657 | 5,075 | 10,957 | 14,874 | 52,191 | 11,069 | 13,976 | |
| misc current assets | |||||||||
| total current assets | 1,831,407 | 2,659,869 | 2,397,759 | 1,449,619 | 1,369,893 | 1,059,541 | 1,754,908 | 1,231,860 | 902,550 |
| total assets | 2,079,800 | 2,682,018 | 2,397,759 | 1,449,619 | 1,369,893 | 1,059,541 | 1,754,908 | 1,231,860 | 902,550 |
| Bank overdraft | |||||||||
| Bank loan | |||||||||
| Trade Creditors | 24,627 | 1,362 | 7 | 1 | 1,693 | 1,878,798 | 1,282,764 | 942,031 | |
| Group/Directors Accounts | 681,742 | 670,753 | 936,234 | 1,467,923 | 1,176,613 | ||||
| other short term finances | |||||||||
| hp & lease commitments | 6,123 | ||||||||
| other current liabilities | 10,629 | 528,554 | 2,000 | 4,816 | 17,193 | 5,300 | |||
| total current liabilities | 723,121 | 1,200,669 | 938,234 | 4,823 | 1,485,117 | 1,183,606 | 1,878,798 | 1,282,764 | 942,031 |
| loans | |||||||||
| hp & lease commitments | 28,549 | ||||||||
| Accruals and Deferred Income | |||||||||
| other liabilities | |||||||||
| provisions | 6,876 | ||||||||
| total long term liabilities | 35,425 | ||||||||
| total liabilities | 758,546 | 1,200,669 | 938,234 | 4,823 | 1,485,117 | 1,183,606 | 1,878,798 | 1,282,764 | 942,031 |
| net assets | 1,321,254 | 1,481,349 | 1,459,525 | 1,444,796 | -115,224 | -124,065 | -123,890 | -50,904 | -39,481 |
| total shareholders funds | 1,321,254 | 1,481,349 | 1,459,525 | 1,444,796 | -115,224 | -124,065 | -123,890 | -50,904 | -39,481 |
| Sep 2023 | Sep 2022 | Sep 2021 | Sep 2020 | Sep 2019 | Sep 2018 | Sep 2017 | Sep 2016 | Sep 2015 | |
|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||
| Operating Profit | |||||||||
| Depreciation | 9,342 | 2,014 | |||||||
| Amortisation | |||||||||
| Tax | |||||||||
| Stock | -907,797 | -199,282 | 953,216 | 109,920 | 323,808 | 1,001,836 | -1,016,961 | 247,485 | 769,476 |
| Debtors | 240,309 | 10,810 | 806 | -26,277 | 23,861 | -1,749,394 | 1,551,078 | 84,732 | 119,098 |
| Creditors | 23,265 | 1,362 | -7 | 6 | -1,692 | -1,877,105 | 596,034 | 340,733 | 942,031 |
| Accruals and Deferred Income | -517,925 | 526,554 | -2,816 | -12,377 | 11,893 | 5,300 | |||
| Deferred Taxes & Provisions | 6,876 | ||||||||
| Cash flow from operations | |||||||||
| Investing Activities | |||||||||
| capital expenditure | |||||||||
| Change in Investments | 67 | ||||||||
| cash flow from investments | |||||||||
| Financing Activities | |||||||||
| Bank loans | |||||||||
| Group/Directors Accounts | 10,989 | -265,481 | 936,234 | -1,467,923 | 291,310 | 1,176,613 | |||
| Other Short Term Loans | |||||||||
| Long term loans | |||||||||
| Hire Purchase and Lease Commitments | 34,672 | ||||||||
| other long term liabilities | |||||||||
| share issue | |||||||||
| interest | |||||||||
| cash flow from financing | |||||||||
| cash and cash equivalents | |||||||||
| cash | 34,919 | 450,582 | -5,882 | -3,917 | -37,317 | 52,191 | -11,069 | -2,907 | 13,976 |
| overdraft | |||||||||
| change in cash | 34,919 | 450,582 | -5,882 | -3,917 | -37,317 | 52,191 | -11,069 | -2,907 | 13,976 |
kelly's developments limited Credit Report and Business Information
Kelly's Developments Limited Competitor Analysis
Perform a competitor analysis for kelly's developments limited by selecting its closest rivals, whether from the CONSTRUCTION sector, other small companies, companies in GU1 area or any other competitors across 12 key performance metrics.
kelly's developments limited Ownership
KELLY'S DEVELOPMENTS LIMITED group structure
Kelly'S Developments Limited has no subsidiary companies.
Ultimate parent company
KELLY'S DEVELOPMENTS LIMITED
09123602
kelly's developments limited directors
Kelly'S Developments Limited currently has 2 directors. The longest serving directors include Mr David Martin (Jul 2014) and Mrs Moira Martin (Jul 2014).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr David Martin | England | 75 years | Jul 2014 | - | Director |
| Mrs Moira Martin | United Kingdom | 74 years | Jul 2014 | - | Director |
P&L
September 2023turnover
710.4k
-21%
operating profit
-184.9k
0%
gross margin
26.5%
+4.23%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
September 2023net assets
1.3m
-0.11%
total assets
2.1m
-0.22%
cash
490.6k
+0.08%
net assets
Total assets minus all liabilities
kelly's developments limited company details
company number
09123602
Type
Private limited with Share Capital
industry
41100 - Development of building projects
incorporation date
July 2014
age
11
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
September 2023
previous names
N/A
accountant
BULLIMORES LLP
auditor
-
address
slyfield green industrial estate, westfield road, guildford, surrey, GU1 1SB
Bank
-
Legal Advisor
-
kelly's 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 1 charges/mortgages relating to kelly's developments limited. Currently there are 0 open charges and 1 have been satisfied in the past.
kelly's 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 KELLY'S DEVELOPMENTS LIMITED. This can take several minutes, an email will notify you when this has completed.
kelly's developments limited Companies House Filings - See Documents
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