reed development projects limited
reed development projects limited Company Information
Group Structure
View All
Industry
Construction of domestic buildings
Registered Address
52c roderick road, london, NW3 2NL
Website
-reed development projects limited Estimated Valuation
Pomanda estimates the enterprise value of REED DEVELOPMENT PROJECTS LIMITED at £39.5k based on a Turnover of £146.4k and 0.27x industry multiple (adjusted for size and gross margin).
reed development projects limited Estimated Valuation
Pomanda estimates the enterprise value of REED DEVELOPMENT PROJECTS LIMITED at £0 based on an EBITDA of £-7.6k and a 2.43x industry multiple (adjusted for size and gross margin).
reed development projects limited Estimated Valuation
Pomanda estimates the enterprise value of REED DEVELOPMENT PROJECTS LIMITED at £4.2k based on Net Assets of £3.1k and 1.34x industry multiple (adjusted for liquidity).
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Reed Development Projects Limited Overview
Reed Development Projects Limited is a live company located in london, NW3 2NL with a Companies House number of 09205040. It operates in the construction of domestic buildings sector, SIC Code 41202. Founded in September 2014, it's largest shareholder is thomas william reed with a 100% stake. Reed Development Projects Limited is a established, micro sized company, Pomanda has estimated its turnover at £146.4k with declining growth in recent years.
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Reed Development Projects Limited Health Check
Pomanda's financial health check has awarded Reed Development Projects Limited a 1.5 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 £146.4k, make it smaller than the average company (£467.5k)
- Reed Development Projects Limited
£467.5k - Industry AVG
Growth
3 year (CAGR) sales growth of -51%, show it is growing at a slower rate (9.4%)
- Reed Development Projects Limited
9.4% - Industry AVG
Production
with a gross margin of 10.3%, this company has a higher cost of product (20.7%)
- Reed Development Projects Limited
20.7% - Industry AVG
Profitability
an operating margin of -5.2% make it less profitable than the average company (5.4%)
- Reed Development Projects Limited
5.4% - Industry AVG
Employees
with 1 employees, this is below the industry average (3)
1 - Reed Development Projects Limited
3 - Industry AVG
Pay Structure
on an average salary of £41.7k, the company has an equivalent pay structure (£41.7k)
- Reed Development Projects Limited
£41.7k - Industry AVG
Efficiency
resulting in sales per employee of £146.4k, this is less efficient (£205.1k)
- Reed Development Projects Limited
£205.1k - Industry AVG
Debtor Days
it gets paid by customers after 8 days, this is earlier than average (27 days)
- Reed Development Projects Limited
27 days - Industry AVG
Creditor Days
its suppliers are paid after 154 days, this is slower than average (30 days)
- Reed Development Projects Limited
30 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Reed Development Projects Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Reed Development Projects Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 99.5%, this is a higher level of debt than the average (73.3%)
99.5% - Reed Development Projects Limited
73.3% - Industry AVG
REED DEVELOPMENT PROJECTS LIMITED financials
Reed Development Projects Limited's latest turnover from September 2023 is estimated at £146.4 thousand and the company has net assets of £3.1 thousand. According to their latest financial statements, Reed Development Projects Limited has 1 employee and maintains cash reserves of 0 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 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | |
| 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 | 566,566 | ||||||||
| Intangible Assets | |||||||||
| Investments & Other | |||||||||
| Debtors (Due After 1 year) | |||||||||
| Total Fixed Assets | 566,566 | ||||||||
| Stock & work in progress | 519,381 | ||||||||
| Trade Debtors | 3,576 | 578,701 | 582,042 | 582,047 | 583,121 | 575,432 | 582,794 | 578,344 | 2,192 |
| Group Debtors | |||||||||
| Misc Debtors | |||||||||
| Cash | 3,234 | ||||||||
| misc current assets | |||||||||
| total current assets | 3,576 | 578,701 | 582,042 | 582,047 | 583,121 | 575,432 | 582,794 | 578,344 | 524,807 |
| total assets | 570,142 | 578,701 | 582,042 | 582,047 | 583,121 | 575,432 | 582,794 | 578,344 | 524,807 |
| Bank overdraft | |||||||||
| Bank loan | |||||||||
| Trade Creditors | 55,590 | 56,596 | 56,460 | 58,770 | 63,606 | 25,771 | 35,480 | 137,916 | 98,352 |
| Group/Directors Accounts | |||||||||
| other short term finances | |||||||||
| hp & lease commitments | |||||||||
| other current liabilities | |||||||||
| total current liabilities | 55,590 | 56,596 | 56,460 | 58,770 | 63,606 | 25,771 | 35,480 | 137,916 | 98,352 |
| loans | |||||||||
| hp & lease commitments | |||||||||
| Accruals and Deferred Income | |||||||||
| other liabilities | 511,414 | 511,414 | 511,414 | 511,414 | 511,414 | 546,369 | 546,369 | 447,566 | 428,215 |
| provisions | |||||||||
| total long term liabilities | 511,414 | 511,414 | 511,414 | 511,414 | 511,414 | 546,369 | 546,369 | 447,566 | 428,215 |
| total liabilities | 567,004 | 568,010 | 567,874 | 570,184 | 575,020 | 572,140 | 581,849 | 585,482 | 526,567 |
| net assets | 3,138 | 10,691 | 14,168 | 11,863 | 8,101 | 3,292 | 945 | -7,138 | -1,760 |
| total shareholders funds | 3,138 | 10,691 | 14,168 | 11,863 | 8,101 | 3,292 | 945 | -7,138 | -1,760 |
| Sep 2023 | Sep 2022 | Sep 2021 | Sep 2020 | Sep 2019 | Sep 2018 | Sep 2017 | Sep 2016 | Sep 2015 | |
|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||
| Operating Profit | |||||||||
| Depreciation | |||||||||
| Amortisation | |||||||||
| Tax | |||||||||
| Stock | -519,381 | 519,381 | |||||||
| Debtors | -575,125 | -3,341 | -5 | -1,074 | 7,689 | -7,362 | 4,450 | 576,152 | 2,192 |
| Creditors | -1,006 | 136 | -2,310 | -4,836 | 37,835 | -9,709 | -102,436 | 39,564 | 98,352 |
| 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 | |||||||||
| Group/Directors Accounts | |||||||||
| Other Short Term Loans | |||||||||
| Long term loans | |||||||||
| Hire Purchase and Lease Commitments | |||||||||
| other long term liabilities | -34,955 | 98,803 | 19,351 | 428,215 | |||||
| share issue | |||||||||
| interest | |||||||||
| cash flow from financing | |||||||||
| cash and cash equivalents | |||||||||
| cash | -3,234 | 3,234 | |||||||
| overdraft | |||||||||
| change in cash | -3,234 | 3,234 |
reed development projects limited Credit Report and Business Information
Reed Development Projects Limited Competitor Analysis
Perform a competitor analysis for reed development projects limited by selecting its closest rivals, whether from the CONSTRUCTION sector, other micro companies, companies in NW3 area or any other competitors across 12 key performance metrics.
reed development projects limited Ownership
REED DEVELOPMENT PROJECTS LIMITED group structure
Reed Development Projects Limited has no subsidiary companies.
Ultimate parent company
REED DEVELOPMENT PROJECTS LIMITED
09205040
reed development projects limited directors
Reed Development Projects Limited currently has 1 director, Mr Thomas Reed serving since Sep 2014.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Thomas Reed | United Kingdom | 45 years | Sep 2014 | - | Director |
P&L
September 2023turnover
146.4k
-87%
operating profit
-7.6k
0%
gross margin
10.3%
-4.88%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
September 2023net assets
3.1k
-0.71%
total assets
570.1k
-0.01%
cash
0
0%
net assets
Total assets minus all liabilities
reed development projects limited company details
company number
09205040
Type
Private limited with Share Capital
industry
41202 - Construction of domestic buildings
incorporation date
September 2014
age
11
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
September 2023
previous names
N/A
accountant
-
auditor
-
address
52c roderick road, london, NW3 2NL
Bank
-
Legal Advisor
-
reed development projects 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 reed development projects limited.
reed development projects 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 REED DEVELOPMENT PROJECTS LIMITED. This can take several minutes, an email will notify you when this has completed.
reed development projects limited Companies House Filings - See Documents
| date | description | view/download |
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