trust developments notts limited
trust developments notts limited Company Information
Company Number
09248700
Website
-Registered Address
agility house rose lane, mansfield woodhouse, mansfield, nottinghamshire, NG19 8BA
Industry
Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.
Telephone
-
Next Accounts Due
June 2025
Group Structure
View All
Shareholders
glyn beech 50%
julie taplin 50%
trust developments notts limited Estimated Valuation
Pomanda estimates the enterprise value of TRUST DEVELOPMENTS NOTTS LIMITED at £368.2k based on a Turnover of £120.1k and 3.06x industry multiple (adjusted for size and gross margin).
trust developments notts limited Estimated Valuation
Pomanda estimates the enterprise value of TRUST DEVELOPMENTS NOTTS LIMITED at £1.9m based on an EBITDA of £267.8k and a 7x industry multiple (adjusted for size and gross margin).
trust developments notts limited Estimated Valuation
Pomanda estimates the enterprise value of TRUST DEVELOPMENTS NOTTS LIMITED at £521.9k based on Net Assets of £322.2k and 1.62x industry multiple (adjusted for liquidity).
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Trust Developments Notts Limited Overview
Trust Developments Notts Limited is a live company located in mansfield, NG19 8BA with a Companies House number of 09248700. It operates in the other letting and operating of own or leased real estate sector, SIC Code 68209. Founded in October 2014, it's largest shareholder is glyn beech with a 50% stake. Trust Developments Notts Limited is a established, micro sized company, Pomanda has estimated its turnover at £120.1k with healthy growth in recent years.
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Trust Developments Notts Limited Health Check
Pomanda's financial health check has awarded Trust Developments Notts Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 5 areas for improvement. Company Health Check FAQs
4 Strong
2 Regular
5 Weak
Size
annual sales of £120.1k, make it smaller than the average company (£861k)
- Trust Developments Notts Limited
£861k - Industry AVG
Growth
3 year (CAGR) sales growth of 11%, show it is growing at a faster rate (2.8%)
- Trust Developments Notts Limited
2.8% - Industry AVG
Production
with a gross margin of 72.8%, this company has a comparable cost of product (72.8%)
- Trust Developments Notts Limited
72.8% - Industry AVG
Profitability
an operating margin of 222.9% make it more profitable than the average company (28.5%)
- Trust Developments Notts Limited
28.5% - Industry AVG
Employees
with 2 employees, this is below the industry average (4)
2 - Trust Developments Notts Limited
4 - Industry AVG
Pay Structure
on an average salary of £32k, the company has an equivalent pay structure (£32k)
- Trust Developments Notts Limited
£32k - Industry AVG
Efficiency
resulting in sales per employee of £60.1k, this is less efficient (£184.3k)
- Trust Developments Notts Limited
£184.3k - Industry AVG
Debtor Days
it gets paid by customers after 1 days, this is earlier than average (32 days)
- Trust Developments Notts Limited
32 days - Industry AVG
Creditor Days
its suppliers are paid after 271 days, this is slower than average (35 days)
- Trust Developments Notts Limited
35 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Trust Developments Notts Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (13 weeks)
0 weeks - Trust Developments Notts Limited
13 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 93.6%, this is a higher level of debt than the average (68.4%)
93.6% - Trust Developments Notts Limited
68.4% - Industry AVG
TRUST DEVELOPMENTS NOTTS LIMITED financials
Trust Developments Notts Limited's latest turnover from September 2023 is estimated at £120.1 thousand and the company has net assets of £322.2 thousand. According to their latest financial statements, Trust Developments Notts Limited has 2 employees and maintains cash reserves of £12.9 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Sep 2023 | Sep 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | |
|---|---|---|---|---|---|---|---|---|
| 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 | 2 | 2 | 2 | 2 | 2 | |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Sep 2023 | Sep 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | |
|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 4,512,699 | 4,512,699 | 4,500,668 | 4,069,886 | 3,223,543 | 2,796,000 | 1,623,543 | 271,756 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 4,512,699 | 4,512,699 | 4,500,668 | 4,069,886 | 3,223,543 | 2,796,000 | 1,623,543 | 271,756 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 384 | 0 | 2,093 | 793 | 888 | 0 | 0 | 0 |
| Group Debtors | 463,058 | 462,362 | 476,919 | 472,415 | 345,562 | 219,043 | 0 | 0 |
| Misc Debtors | 14,521 | 18,162 | 27,641 | 1,874 | 818 | 67,350 | 64,248 | 104,145 |
| Cash | 12,904 | 4,416 | 8,795 | 7,453 | 8,705 | 1,728 | 188,411 | 1,300 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 490,867 | 484,940 | 515,448 | 482,535 | 355,973 | 288,121 | 252,659 | 105,445 |
| total assets | 5,003,566 | 4,997,639 | 5,016,116 | 4,552,421 | 3,579,516 | 3,084,121 | 1,876,202 | 377,201 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 8,409 | 83,662 | 35,926 | 0 | 0 | 553,000 | 25,543 | 0 |
| Trade Creditors | 24,328 | 19,524 | 32,584 | 7,816 | 3,886 | 4,846 | 878 | 182 |
| Group/Directors Accounts | 2,555,996 | 2,539,977 | 2,517,516 | 2,525,244 | 615,175 | 330,395 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 12,187 | 12,507 | 4,500 | 603,579 | 634,257 | 632,766 | 970,153 | 405,286 |
| total current liabilities | 2,600,920 | 2,655,670 | 2,590,526 | 3,136,639 | 1,253,318 | 1,521,007 | 996,574 | 405,468 |
| loans | 1,984,032 | 1,958,093 | 2,016,903 | 1,029,000 | 1,957,755 | 928,200 | 902,657 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 96,445 | 80,359 | 65,636 | 137,154 | 142,930 | 175,562 | 0 | 0 |
| total long term liabilities | 2,080,477 | 2,038,452 | 2,082,539 | 1,166,154 | 2,100,685 | 1,103,762 | 902,657 | 0 |
| total liabilities | 4,681,397 | 4,694,122 | 4,673,065 | 4,302,793 | 3,354,003 | 2,624,769 | 1,899,231 | 405,468 |
| net assets | 322,169 | 303,517 | 343,051 | 249,628 | 225,513 | 459,352 | -23,029 | -28,267 |
| total shareholders funds | 322,169 | 303,517 | 343,051 | 249,628 | 225,513 | 459,352 | -23,029 | -28,267 |
| Sep 2023 | Sep 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Operating Profit | ||||||||
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | ||||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | -2,561 | -26,129 | 31,571 | 127,814 | 60,875 | 222,145 | -39,897 | 104,145 |
| Creditors | 4,804 | -13,060 | 24,768 | 3,930 | -960 | 3,968 | 696 | 182 |
| Accruals and Deferred Income | -320 | 8,007 | -599,079 | -30,678 | 1,491 | -337,387 | 564,867 | 405,286 |
| Deferred Taxes & Provisions | 16,086 | 14,723 | -71,518 | -5,776 | -32,632 | 175,562 | 0 | 0 |
| Cash flow from operations | ||||||||
| Investing Activities | ||||||||
| capital expenditure | ||||||||
| Change in Investments | 0 | 12,031 | 430,782 | 846,343 | 427,543 | 1,172,457 | 1,351,787 | 271,756 |
| cash flow from investments | ||||||||
| Financing Activities | ||||||||
| Bank loans | -75,253 | 47,736 | 35,926 | 0 | -553,000 | 527,457 | 25,543 | 0 |
| Group/Directors Accounts | 16,019 | 22,461 | -7,728 | 1,910,069 | 284,780 | 330,395 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 25,939 | -58,810 | 987,903 | -928,755 | 1,029,555 | 25,543 | 902,657 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||||
| interest | ||||||||
| cash flow from financing | ||||||||
| cash and cash equivalents | ||||||||
| cash | 8,488 | -4,379 | 1,342 | -1,252 | 6,977 | -186,683 | 187,111 | 1,300 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 8,488 | -4,379 | 1,342 | -1,252 | 6,977 | -186,683 | 187,111 | 1,300 |
trust developments notts limited Credit Report and Business Information
Trust Developments Notts Limited Competitor Analysis
Perform a competitor analysis for trust developments notts limited by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other micro companies, companies in NG19 area or any other competitors across 12 key performance metrics.
trust developments notts limited Ownership
TRUST DEVELOPMENTS NOTTS LIMITED group structure
Trust Developments Notts Limited has no subsidiary companies.
Ultimate parent company
TRUST DEVELOPMENTS NOTTS LIMITED
09248700
trust developments notts limited directors
Trust Developments Notts Limited currently has 2 directors. The longest serving directors include Ms Julie Taplin (Oct 2014) and Mr Glyn Beech (Oct 2014).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Ms Julie Taplin | United Kingdom | 62 years | Oct 2014 | - | Director |
| Mr Glyn Beech | United Kingdom | 53 years | Oct 2014 | - | Director |
P&L
September 2023turnover
120.1k
-41%
operating profit
267.8k
0%
gross margin
72.8%
+2.45%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
September 2023net assets
322.2k
+0.06%
total assets
5m
0%
cash
12.9k
+1.92%
net assets
Total assets minus all liabilities
trust developments notts limited company details
company number
09248700
Type
Private limited with Share Capital
industry
68209 - Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.
incorporation date
October 2014
age
10
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
September 2023
previous names
N/A
accountant
-
auditor
-
address
agility house rose lane, mansfield woodhouse, mansfield, nottinghamshire, NG19 8BA
Bank
-
Legal Advisor
-
trust developments notts 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 15 charges/mortgages relating to trust developments notts limited. Currently there are 7 open charges and 8 have been satisfied in the past.
trust developments notts limited Companies House Filings - See Documents
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