devon cottage creations limited
devon cottage creations limited Company Information
Company Number
09189536
Website
-Registered Address
one courtenay park, newton abbot, devon, TQ12 2HD
Industry
Development of building projects
Telephone
-
Next Accounts Due
December 2024
Group Structure
View All
Shareholders
lynn elizabeth norrish 50%
paul francis norrish 50%
devon cottage creations limited Estimated Valuation
The estimated valuation range for devon cottage creations limited, derived from financial data as of March 2023 and the most recent industry multiples, is between £98.7k to £390.2k
devon cottage creations limited Estimated Valuation
The estimated valuation range for devon cottage creations limited, derived from financial data as of March 2023 and the most recent industry multiples, is between £98.7k to £390.2k
devon cottage creations limited Estimated Valuation
The estimated valuation range for devon cottage creations limited, derived from financial data as of March 2023 and the most recent industry multiples, is between £98.7k to £390.2k
Get a detailed valuation report, edit figures and unlock valuation multiples.
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Devon Cottage Creations Limited Overview
Devon Cottage Creations Limited is a live company located in devon, TQ12 2HD with a Companies House number of 09189536. It operates in the development of building projects sector, SIC Code 41100. Founded in August 2014, it's largest shareholder is lynn elizabeth norrish with a 50% stake. Devon Cottage Creations Limited is a established, small sized company, Pomanda has estimated its turnover at £575.1k with declining growth in recent years.
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Devon Cottage Creations Limited Health Check
Pomanda's financial health check has awarded Devon Cottage Creations Limited a 3.5 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
3 Strong
3 Regular
4 Weak
Size
annual sales of £575.1k, make it smaller than the average company (£2.2m)
- Devon Cottage Creations Limited
£2.2m - Industry AVG
Growth
3 year (CAGR) sales growth of -14%, show it is growing at a slower rate (2%)
- Devon Cottage Creations Limited
2% - Industry AVG
Production
with a gross margin of 9.4%, this company has a higher cost of product (25.6%)
- Devon Cottage Creations Limited
25.6% - Industry AVG
Profitability
an operating margin of 7.1% make it as profitable than the average company (8.7%)
- Devon Cottage Creations Limited
8.7% - Industry AVG
Employees
with 2 employees, this is below the industry average (6)
2 - Devon Cottage Creations Limited
6 - Industry AVG
Pay Structure
on an average salary of £47.1k, the company has an equivalent pay structure (£47.1k)
- Devon Cottage Creations Limited
£47.1k - Industry AVG
Efficiency
resulting in sales per employee of £287.6k, this is equally as efficient (£277.4k)
- Devon Cottage Creations Limited
£277.4k - Industry AVG
Debtor Days
it gets paid by customers after 7 days, this is earlier than average (28 days)
- Devon Cottage Creations Limited
28 days - Industry AVG
Creditor Days
its suppliers are paid after 245 days, this is slower than average (31 days)
- Devon Cottage Creations Limited
31 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Devon Cottage Creations Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Devon Cottage Creations Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 54.2%, this is a lower level of debt than the average (74.7%)
54.2% - Devon Cottage Creations Limited
74.7% - Industry AVG
devon cottage creations limited Credit Report and Business Information
Devon Cottage Creations Limited Competitor Analysis
Perform a competitor analysis for devon cottage creations limited by selecting its closest rivals and benchmarking them against 12 key performance metrics.
devon cottage creations limited Ownership
DEVON COTTAGE CREATIONS LIMITED group structure
Devon Cottage Creations Limited has no subsidiary companies.
Ultimate parent company
DEVON COTTAGE CREATIONS LIMITED
09189536
devon cottage creations limited directors
Devon Cottage Creations Limited currently has 2 directors. The longest serving directors include Mr Paul Norrish (Aug 2014) and Mrs Lynn Norrish (Apr 2015).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Paul Norrish | 66 years | Aug 2014 | - | Director | |
| Mrs Lynn Norrish | England | 65 years | Apr 2015 | - | Director |
DEVON COTTAGE CREATIONS LIMITED financials
Devon Cottage Creations Limited's latest turnover from March 2023 is estimated at £575.1 thousand and the company has net assets of £296.9 thousand. According to their latest financial statements, Devon Cottage Creations Limited has 2 employees and maintains cash reserves of 0 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 | 2 | 2 | |||||||
| 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 | 636,223 | 636,223 | 636,223 | 636,223 | 636,223 | 211,223 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 636,223 | 636,223 | 636,223 | 636,223 | 636,223 | 211,223 | 0 | 0 | 0 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 258,107 | 50,000 |
| Trade Debtors | 11,473 | 31,601 | 24,284 | 15,184 | 9,199 | 308,617 | 306,177 | 0 | 0 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1,911 | 0 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 11,473 | 31,601 | 24,284 | 15,184 | 9,199 | 308,617 | 306,177 | 260,018 | 50,000 |
| total assets | 647,696 | 667,824 | 660,507 | 651,407 | 645,422 | 519,840 | 306,177 | 260,018 | 50,000 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 350,761 | 404,031 | 428,484 | 448,514 | 473,289 | 485,617 | 297,162 | 262,846 | 50,210 |
| 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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 350,761 | 404,031 | 428,484 | 448,514 | 473,289 | 485,617 | 297,162 | 262,846 | 50,210 |
| 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 | 350,761 | 404,031 | 428,484 | 448,514 | 473,289 | 485,617 | 297,162 | 262,846 | 50,210 |
| net assets | 296,935 | 263,793 | 232,023 | 202,893 | 172,133 | 34,223 | 9,015 | -2,828 | -210 |
| total shareholders funds | 296,935 | 263,793 | 232,023 | 202,893 | 172,133 | 34,223 | 9,015 | -2,828 | -210 |
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | |
|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||
| Operating Profit | |||||||||
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | |||
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | |||
| Tax | |||||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | -258,107 | 208,107 | 50,000 |
| Debtors | -20,128 | 7,317 | 9,100 | 5,985 | -299,418 | 2,440 | 306,177 | 0 | 0 |
| Creditors | -53,270 | -24,453 | -20,030 | -24,775 | -12,328 | 188,455 | 34,316 | 212,636 | 50,210 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 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 | 0 | 0 | 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 | 0 | 0 | 0 | 0 | 0 | 0 | -1,911 | 1,911 | 0 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 0 | 0 | 0 | 0 | 0 | 0 | -1,911 | 1,911 | 0 |
P&L
March 2023turnover
575.1k
-18%
operating profit
40.9k
0%
gross margin
9.4%
+8.69%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2023net assets
296.9k
+0.13%
total assets
647.7k
-0.03%
cash
0
0%
net assets
Total assets minus all liabilities
Similar Companies
devon cottage creations limited company details
company number
09189536
Type
Private limited with Share Capital
industry
41100 - Development of building projects
incorporation date
August 2014
age
10
accounts
Micro-Entity Accounts
ultimate parent company
previous names
N/A
incorporated
UK
address
one courtenay park, newton abbot, devon, TQ12 2HD
last accounts submitted
March 2023
devon cottage creations 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 devon cottage creations limited.
devon cottage creations limited Companies House Filings - See Documents
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