picton developments (london) ltd

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picton developments (london) ltd Company Information

Share PICTON DEVELOPMENTS (LONDON) LTD

Company Number

09313418

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

picton developments (london) ltd Estimated Valuation

£125.9k

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

£130.2k

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

£247k

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).

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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.

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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

Health Check Image
Health Rating3out of 5
positive_score

2 Strong

positive_score

3 Regular

positive_score

5 Weak

size

Size

annual sales of £254.5k, make it smaller than the average company (£2.3m)

£254.5k - Picton Developments (london) Ltd

£2.3m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 1%, show it is growing at a slower rate (3.9%)

1% - Picton Developments (london) Ltd

3.9% - Industry AVG

production

Production

with a gross margin of 26.6%, this company has a comparable cost of product (26.6%)

26.6% - Picton Developments (london) Ltd

26.6% - Industry AVG

profitability

Profitability

an operating margin of 13.5% make it more profitable than the average company (6.8%)

13.5% - Picton Developments (london) Ltd

6.8% - Industry AVG

employees

Employees

with 2 employees, this is below the industry average (6)

2 - Picton Developments (london) Ltd

6 - Industry AVG

paystructure

Pay Structure

on an average salary of £47.4k, the company has an equivalent pay structure (£47.4k)

£47.4k - Picton Developments (london) Ltd

£47.4k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £127.2k, this is less efficient (£269.8k)

£127.2k - Picton Developments (london) Ltd

£269.8k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 6 days, this is earlier than average (27 days)

6 days - Picton Developments (london) Ltd

27 days - Industry AVG

creditordays

Creditor Days

There is insufficient data available for this Key Performance Indicator!

- - Picton Developments (london) Ltd

- - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Picton Developments (london) Ltd

- - Industry AVG

cashbalance

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

debtlevel

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

EXPORTms excel logo

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 HousePomanda Estimates

Nov 2023Nov 2022Nov 2021Nov 2020Nov 2019Nov 2018Nov 2017Nov 2016Nov 2015
Turnover254,490254,838253,140249,273269,88840,785188,14379,7979,667
Other Income Or Grants
Cost Of Sales186,807189,006193,146184,654196,08828,975131,22655,6586,757
Gross Profit67,68365,83259,99564,62073,80011,81056,91724,1392,910
Admin Expenses33,44735,87831,84434,36045,579-15,14721,017-7,802937
Operating Profit34,23629,95428,15130,26028,22126,95735,90031,9411,973
Interest Payable30,93812,375
Interest Receivable18676125541
Pre-Tax Profit3,48417,65428,15230,26228,27726,99935,90031,9411,973
Tax-871-3,354-5,349-5,750-5,373-5,130-6,821-6,388-394
Profit After Tax2,61314,30022,80324,51222,90421,86929,07925,5531,578
Dividends Paid
Retained Profit2,61314,30022,80324,51222,90421,86929,07925,5531,578
Employee Costs94,89090,25088,05086,48685,36142,19441,61741,58639,785
Number Of Employees222221111
EBITDA*34,23629,95428,15130,26028,22126,95735,90031,9411,973

* Earnings Before Interest, Tax, Depreciation and Amortisation

Nov 2023Nov 2022Nov 2021Nov 2020Nov 2019Nov 2018Nov 2017Nov 2016Nov 2015
Tangible Assets302,885292,511280,978
Intangible Assets
Investments & Other302,885302,885302,885302,885302,885302,885
Debtors (Due After 1 year)
Total Fixed Assets302,885302,885302,885302,885302,885302,885302,885292,511280,978
Stock & work in progress
Trade Debtors4,3505,9215,8005,8006,9926,10017,0224,3111,157
Group Debtors209,438153,04415,60012,60041,15019,550
Misc Debtors1,731
Cash3,0284,0569963423,73511,020
misc current assets
total current assets216,816164,75222,39618,74251,87736,67017,0224,3111,157
total assets519,701467,637325,281321,627354,762339,555319,907296,822282,135
Bank overdraft
Bank loan
Trade Creditors 79521,51214,305454
Group/Directors Accounts148,636166,736216,388247,259
other short term finances
hp & lease commitments
other current liabilities79,39029,93928,24729,29637,29113,322
total current liabilities79,39029,939176,883196,032253,679261,37621,51214,305454
loans275,000275,000
hp & lease commitments
Accruals and Deferred Income241,1851,2001,200
other liabilities254,186278,903
provisions1,000
total long term liabilities275,000275,000242,185255,386280,103
total liabilities354,390304,939176,883196,032253,679261,376263,697269,691280,557
net assets165,311162,698148,398125,595101,08378,17956,21027,1311,578
total shareholders funds165,311162,698148,398125,595101,08378,17956,21027,1311,578
Nov 2023Nov 2022Nov 2021Nov 2020Nov 2019Nov 2018Nov 2017Nov 2016Nov 2015
Operating Activities
Operating Profit34,23629,95428,15130,26028,22126,95735,90031,9411,973
Depreciation
Amortisation
Tax-871-3,354-5,349-5,750-5,373-5,130-6,821-6,388-394
Stock
Debtors53,092139,2963,000-29,74222,4928,62812,7113,1541,157
Creditors-795-20,7177,20713,851454
Accruals and Deferred Income49,4511,692-1,049-7,99523,969-227,863239,9851,200
Deferred Taxes & Provisions-1,0001,000
Cash flow from operations29,724-111,00418,75346,25723,530-236,381264,56036,2502,076
Investing Activities
capital expenditure302,885-10,374-11,533-280,978
Change in Investments302,885
cash flow from investments-10,374-11,533-280,978
Financing Activities
Bank loans
Group/Directors Accounts-148,636-18,100-49,652-30,871247,259
Other Short Term Loans
Long term loans275,000
Hire Purchase and Lease Commitments
other long term liabilities-254,186-24,717278,903
share issue100
interest-30,752-12,299125541
cash flow from financing-30,752114,065-18,099-49,650-30,816247,400-254,186-24,717278,903
cash and cash equivalents
cash-1,0283,060654-3,393-7,28511,020
overdraft
change in cash-1,0283,060654-3,393-7,28511,020

picton developments (london) ltd Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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Picton Developments (london) Ltd Competitor Analysis

competitor_analysis_table_img

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 Shareholders

dalco developments ltd 50%
kilroy developments (london) ltd 50%

picton developments (london) ltd directors

Picton Developments (London) Ltd currently has 1 director, Mr Rushnil Sanger serving since Jul 2015.

officercountryagestartendrole
Mr Rushnil SangerEngland36 years Jul 2015- Director

P&L

November 2023

turnover

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 2023

net 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

None

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

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