picton developments (london) ltd
picton developments (london) ltd Company Information
Company Number
09313418
Next Accounts
Aug 2025
Directors
Shareholders
dalco developments ltd
kilroy developments (london) ltd
Group Structure
View All
Industry
Development of building projects
Registered Address
4 nutter lane, london, E11 2HY
Website
www.picton.co.ukpicton developments (london) ltd Estimated Valuation
Pomanda estimates the enterprise value of PICTON DEVELOPMENTS (LONDON) LTD at £125.9k based on a Turnover of £254.5k and 0.49x industry multiple (adjusted for size and gross margin).
picton developments (london) ltd Estimated Valuation
Pomanda estimates the enterprise value of PICTON DEVELOPMENTS (LONDON) LTD at £130.2k based on an EBITDA of £34.2k and a 3.8x industry multiple (adjusted for size and gross margin).
picton developments (london) ltd Estimated Valuation
Pomanda estimates the enterprise value of PICTON DEVELOPMENTS (LONDON) LTD at £247k based on Net Assets of £165.3k and 1.49x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Picton Developments (london) Ltd Overview
Picton Developments (london) Ltd is a live company located in london, E11 2HY with a Companies House number of 09313418. It operates in the development of building projects sector, SIC Code 41100. Founded in November 2014, it's largest shareholder is dalco developments ltd with a 50% stake. Picton Developments (london) Ltd is a established, micro sized company, Pomanda has estimated its turnover at £254.5k with low growth in recent years.
Upgrade for unlimited company reports & a free credit check
Picton Developments (london) Ltd Health Check
Pomanda's financial health check has awarded Picton Developments (London) Ltd a 3 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 5 areas for improvement. Company Health Check FAQs
2 Strong
3 Regular
5 Weak
Size
annual sales of £254.5k, make it smaller than the average company (£2.3m)
- Picton Developments (london) Ltd
£2.3m - Industry AVG
Growth
3 year (CAGR) sales growth of 1%, show it is growing at a slower rate (3.9%)
- Picton Developments (london) Ltd
3.9% - Industry AVG
Production
with a gross margin of 26.6%, this company has a comparable cost of product (26.6%)
- Picton Developments (london) Ltd
26.6% - Industry AVG
Profitability
an operating margin of 13.5% make it more profitable than the average company (6.8%)
- Picton Developments (london) Ltd
6.8% - Industry AVG
Employees
with 2 employees, this is below the industry average (6)
2 - Picton Developments (london) Ltd
6 - Industry AVG
Pay Structure
on an average salary of £47.4k, the company has an equivalent pay structure (£47.4k)
- Picton Developments (london) Ltd
£47.4k - Industry AVG
Efficiency
resulting in sales per employee of £127.2k, this is less efficient (£269.8k)
- Picton Developments (london) Ltd
£269.8k - Industry AVG
Debtor Days
it gets paid by customers after 6 days, this is earlier than average (27 days)
- Picton Developments (london) Ltd
27 days - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- Picton Developments (london) Ltd
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Picton Developments (london) Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 1 weeks, this is less cash available to meet short term requirements (13 weeks)
1 weeks - Picton Developments (london) Ltd
13 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 68.2%, this is a similar level of debt than the average (72.4%)
68.2% - Picton Developments (london) Ltd
72.4% - Industry AVG
PICTON DEVELOPMENTS (LONDON) LTD financials
Picton Developments (London) Ltd's latest turnover from November 2023 is estimated at £254.5 thousand and the company has net assets of £165.3 thousand. According to their latest financial statements, Picton Developments (London) Ltd has 2 employees and maintains cash reserves of £3 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Nov 2023 | Nov 2022 | Nov 2021 | Nov 2020 | Nov 2019 | Nov 2018 | Nov 2017 | Nov 2016 | Nov 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 | 2 | 2 | 2 | ||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Nov 2023 | Nov 2022 | Nov 2021 | Nov 2020 | Nov 2019 | Nov 2018 | Nov 2017 | Nov 2016 | Nov 2015 | |
|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 302,885 | 292,511 | 280,978 | ||||||
| Intangible Assets | |||||||||
| Investments & Other | 302,885 | 302,885 | 302,885 | 302,885 | 302,885 | 302,885 | |||
| Debtors (Due After 1 year) | |||||||||
| Total Fixed Assets | 302,885 | 302,885 | 302,885 | 302,885 | 302,885 | 302,885 | 302,885 | 292,511 | 280,978 |
| Stock & work in progress | |||||||||
| Trade Debtors | 4,350 | 5,921 | 5,800 | 5,800 | 6,992 | 6,100 | 17,022 | 4,311 | 1,157 |
| Group Debtors | 209,438 | 153,044 | 15,600 | 12,600 | 41,150 | 19,550 | |||
| Misc Debtors | 1,731 | ||||||||
| Cash | 3,028 | 4,056 | 996 | 342 | 3,735 | 11,020 | |||
| misc current assets | |||||||||
| total current assets | 216,816 | 164,752 | 22,396 | 18,742 | 51,877 | 36,670 | 17,022 | 4,311 | 1,157 |
| total assets | 519,701 | 467,637 | 325,281 | 321,627 | 354,762 | 339,555 | 319,907 | 296,822 | 282,135 |
| Bank overdraft | |||||||||
| Bank loan | |||||||||
| Trade Creditors | 795 | 21,512 | 14,305 | 454 | |||||
| Group/Directors Accounts | 148,636 | 166,736 | 216,388 | 247,259 | |||||
| other short term finances | |||||||||
| hp & lease commitments | |||||||||
| other current liabilities | 79,390 | 29,939 | 28,247 | 29,296 | 37,291 | 13,322 | |||
| total current liabilities | 79,390 | 29,939 | 176,883 | 196,032 | 253,679 | 261,376 | 21,512 | 14,305 | 454 |
| loans | 275,000 | 275,000 | |||||||
| hp & lease commitments | |||||||||
| Accruals and Deferred Income | 241,185 | 1,200 | 1,200 | ||||||
| other liabilities | 254,186 | 278,903 | |||||||
| provisions | 1,000 | ||||||||
| total long term liabilities | 275,000 | 275,000 | 242,185 | 255,386 | 280,103 | ||||
| total liabilities | 354,390 | 304,939 | 176,883 | 196,032 | 253,679 | 261,376 | 263,697 | 269,691 | 280,557 |
| net assets | 165,311 | 162,698 | 148,398 | 125,595 | 101,083 | 78,179 | 56,210 | 27,131 | 1,578 |
| total shareholders funds | 165,311 | 162,698 | 148,398 | 125,595 | 101,083 | 78,179 | 56,210 | 27,131 | 1,578 |
| Nov 2023 | Nov 2022 | Nov 2021 | Nov 2020 | Nov 2019 | Nov 2018 | Nov 2017 | Nov 2016 | Nov 2015 | |
|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||
| Operating Profit | |||||||||
| Depreciation | |||||||||
| Amortisation | |||||||||
| Tax | |||||||||
| Stock | |||||||||
| Debtors | 53,092 | 139,296 | 3,000 | -29,742 | 22,492 | 8,628 | 12,711 | 3,154 | 1,157 |
| Creditors | -795 | -20,717 | 7,207 | 13,851 | 454 | ||||
| Accruals and Deferred Income | 49,451 | 1,692 | -1,049 | -7,995 | 23,969 | -227,863 | 239,985 | 1,200 | |
| Deferred Taxes & Provisions | -1,000 | 1,000 | |||||||
| Cash flow from operations | |||||||||
| Investing Activities | |||||||||
| capital expenditure | |||||||||
| Change in Investments | 302,885 | ||||||||
| cash flow from investments | |||||||||
| Financing Activities | |||||||||
| Bank loans | |||||||||
| Group/Directors Accounts | -148,636 | -18,100 | -49,652 | -30,871 | 247,259 | ||||
| Other Short Term Loans | |||||||||
| Long term loans | 275,000 | ||||||||
| Hire Purchase and Lease Commitments | |||||||||
| other long term liabilities | -254,186 | -24,717 | 278,903 | ||||||
| share issue | |||||||||
| interest | |||||||||
| cash flow from financing | |||||||||
| cash and cash equivalents | |||||||||
| cash | -1,028 | 3,060 | 654 | -3,393 | -7,285 | 11,020 | |||
| overdraft | |||||||||
| change in cash | -1,028 | 3,060 | 654 | -3,393 | -7,285 | 11,020 |
picton developments (london) ltd Credit Report and Business Information
Picton Developments (london) Ltd Competitor Analysis
Perform a competitor analysis for picton developments (london) ltd by selecting its closest rivals, whether from the CONSTRUCTION sector, other micro companies, companies in E11 area or any other competitors across 12 key performance metrics.
picton developments (london) ltd Ownership
PICTON DEVELOPMENTS (LONDON) LTD group structure
Picton Developments (London) Ltd has no subsidiary companies.
Ultimate parent company
PICTON DEVELOPMENTS (LONDON) LTD
09313418
picton developments (london) ltd directors
Picton Developments (London) Ltd currently has 1 director, Mr Rushnil Sanger serving since Jul 2015.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Rushnil Sanger | England | 36 years | Jul 2015 | - | Director |
P&L
November 2023turnover
254.5k
0%
operating profit
34.2k
0%
gross margin
26.6%
+2.95%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
November 2023net assets
165.3k
+0.02%
total assets
519.7k
+0.11%
cash
3k
-0.25%
net assets
Total assets minus all liabilities
picton developments (london) ltd company details
company number
09313418
Type
Private limited with Share Capital
industry
41100 - Development of building projects
incorporation date
November 2014
age
11
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
November 2023
previous names
N/A
accountant
-
auditor
-
address
4 nutter lane, london, E11 2HY
Bank
-
Legal Advisor
-
picton developments (london) ltd 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 picton developments (london) ltd. Currently there are 2 open charges and 1 have been satisfied in the past.
picton developments (london) ltd 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 PICTON DEVELOPMENTS (LONDON) LTD. This can take several minutes, an email will notify you when this has completed.
picton developments (london) ltd Companies House Filings - See Documents
| date | description | view/download |
|---|
