darrant developments (lincoln) limited
darrant developments (lincoln) limited Company Information
Company Number
09407632
Next Accounts
871 days late
Shareholders
darren martin smith
anita maria lambert
Group Structure
View All
Industry
Construction of domestic buildings
Registered Address
allagany sibthorp gardens, canwick, lincoln, LN4 2RL
Website
-darrant developments (lincoln) limited Estimated Valuation
Pomanda estimates the enterprise value of DARRANT DEVELOPMENTS (LINCOLN) LIMITED at £27.2k based on a Turnover of £78.1k and 0.35x industry multiple (adjusted for size and gross margin).
darrant developments (lincoln) limited Estimated Valuation
Pomanda estimates the enterprise value of DARRANT DEVELOPMENTS (LINCOLN) LIMITED at £9.4k based on an EBITDA of £3k and a 3.13x industry multiple (adjusted for size and gross margin).
darrant developments (lincoln) limited Estimated Valuation
Pomanda estimates the enterprise value of DARRANT DEVELOPMENTS (LINCOLN) LIMITED at £0 based on Net Assets of £-55.6k and 1.34x industry multiple (adjusted for liquidity).
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Darrant Developments (lincoln) Limited Overview
Darrant Developments (lincoln) Limited is a live company located in lincoln, LN4 2RL with a Companies House number of 09407632. It operates in the construction of domestic buildings sector, SIC Code 41202. Founded in January 2015, it's largest shareholder is darren martin smith with a 80% stake. Darrant Developments (lincoln) Limited is a established, micro sized company, Pomanda has estimated its turnover at £78.1k with unknown growth in recent years.
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Darrant Developments (lincoln) Limited Health Check
Pomanda's financial health check has awarded Darrant Developments (Lincoln) Limited a 1 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 7 areas for improvement. Company Health Check FAQs
1 Strong
2 Regular
7 Weak
Size
annual sales of £78.1k, make it smaller than the average company (£584.6k)
- Darrant Developments (lincoln) Limited
£584.6k - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Darrant Developments (lincoln) Limited
- - Industry AVG
Production
with a gross margin of 19.1%, this company has a comparable cost of product (19.1%)
- Darrant Developments (lincoln) Limited
19.1% - Industry AVG
Profitability
an operating margin of -24.4% make it less profitable than the average company (5.9%)
- Darrant Developments (lincoln) Limited
5.9% - Industry AVG
Employees
with 1 employees, this is below the industry average (4)
1 - Darrant Developments (lincoln) Limited
4 - Industry AVG
Pay Structure
on an average salary of £37.3k, the company has an equivalent pay structure (£37.3k)
- Darrant Developments (lincoln) Limited
£37.3k - Industry AVG
Efficiency
resulting in sales per employee of £78.1k, this is less efficient (£172.5k)
- Darrant Developments (lincoln) Limited
£172.5k - Industry AVG
Debtor Days
it gets paid by customers after 2 days, this is earlier than average (24 days)
- Darrant Developments (lincoln) Limited
24 days - Industry AVG
Creditor Days
its suppliers are paid after 23 days, this is quicker than average (30 days)
- Darrant Developments (lincoln) Limited
30 days - Industry AVG
Stock Days
it holds stock equivalent to 1040 days, this is more than average (295 days)
- Darrant Developments (lincoln) Limited
295 days - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Darrant Developments (lincoln) Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 120.7%, this is a higher level of debt than the average (73.6%)
120.7% - Darrant Developments (lincoln) Limited
73.6% - Industry AVG
DARRANT DEVELOPMENTS (LINCOLN) LIMITED financials
Darrant Developments (Lincoln) Limited's latest turnover from January 2021 is estimated at £78.1 thousand and the company has net assets of -£55.6 thousand. According to their latest financial statements, Darrant Developments (Lincoln) Limited has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jan 2021 | Jan 2020 | Jan 2019 | Jan 2018 | Jan 2017 | Jan 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 | 1 | 1 | 1 | |||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jan 2021 | Jan 2020 | Jan 2019 | Jan 2018 | Jan 2017 | Jan 2016 | |
|---|---|---|---|---|---|---|
| Tangible Assets | 88,301 | 97,123 | 76,333 | 75,000 | 75,000 | |
| Intangible Assets | ||||||
| Investments & Other | ||||||
| Debtors (Due After 1 year) | ||||||
| Total Fixed Assets | 88,301 | 97,123 | 76,333 | 75,000 | 75,000 | |
| Stock & work in progress | 180,000 | 90,000 | ||||
| Trade Debtors | 485 | 8,137 | ||||
| Group Debtors | ||||||
| Misc Debtors | ||||||
| Cash | 1,439 | |||||
| misc current assets | ||||||
| total current assets | 180,485 | 99,576 | ||||
| total assets | 268,786 | 196,699 | 76,333 | 75,000 | 75,000 | |
| Bank overdraft | 90,046 | 4,345 | 12,564 | |||
| Bank loan | ||||||
| Trade Creditors | 4,035 | 6,886 | 17,227 | |||
| Group/Directors Accounts | ||||||
| other short term finances | ||||||
| hp & lease commitments | ||||||
| other current liabilities | 230,339 | 219,156 | 74,900 | |||
| total current liabilities | 324,420 | 230,387 | 29,791 | 74,900 | ||
| loans | 74,900 | |||||
| hp & lease commitments | ||||||
| Accruals and Deferred Income | ||||||
| other liabilities | 76,212 | |||||
| provisions | ||||||
| total long term liabilities | 76,212 | 74,900 | ||||
| total liabilities | 324,420 | 230,387 | 106,003 | 74,900 | 74,900 | |
| net assets | -55,634 | -33,688 | -29,670 | 100 | 100 | |
| total shareholders funds | -55,634 | -33,688 | -29,670 | 100 | 100 |
| Jan 2021 | Jan 2020 | Jan 2019 | Jan 2018 | Jan 2017 | Jan 2016 | |
|---|---|---|---|---|---|---|
| Operating Activities | ||||||
| Operating Profit | ||||||
| Depreciation | 22,072 | 2,208 | ||||
| Amortisation | ||||||
| Tax | ||||||
| Stock | 90,000 | 90,000 | ||||
| Debtors | -7,652 | 8,137 | ||||
| Creditors | -2,851 | -10,341 | 17,227 | |||
| Accruals and Deferred Income | 11,183 | 219,156 | -74,900 | 74,900 | ||
| 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 | -74,900 | 74,900 | ||||
| Hire Purchase and Lease Commitments | ||||||
| other long term liabilities | -76,212 | 76,212 | ||||
| share issue | ||||||
| interest | ||||||
| cash flow from financing | ||||||
| cash and cash equivalents | ||||||
| cash | -1,439 | 1,439 | ||||
| overdraft | 85,701 | -8,219 | 12,564 | |||
| change in cash | -87,140 | 9,658 | -12,564 |
darrant developments (lincoln) limited Credit Report and Business Information
Darrant Developments (lincoln) Limited Competitor Analysis
Perform a competitor analysis for darrant developments (lincoln) limited by selecting its closest rivals, whether from the CONSTRUCTION sector, other micro companies, companies in LN4 area or any other competitors across 12 key performance metrics.
darrant developments (lincoln) limited Ownership
DARRANT DEVELOPMENTS (LINCOLN) LIMITED group structure
Darrant Developments (Lincoln) Limited has no subsidiary companies.
Ultimate parent company
DARRANT DEVELOPMENTS (LINCOLN) LIMITED
09407632
darrant developments (lincoln) limited directors
Darrant Developments (Lincoln) Limited currently has 2 directors. The longest serving directors include Ms Anita Lambert (Jan 2015) and Mr Darren Smith (Jan 2015).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Ms Anita Lambert | United Kingdom | 63 years | Jan 2015 | - | Director |
| Mr Darren Smith | United Kingdom | 46 years | Jan 2015 | - | Director |
P&L
January 2021turnover
78.1k
-33%
operating profit
-19.1k
0%
gross margin
19.2%
-5.64%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
January 2021net assets
-55.6k
+0.65%
total assets
268.8k
+0.37%
cash
0
-1%
net assets
Total assets minus all liabilities
darrant developments (lincoln) limited company details
company number
09407632
Type
Private limited with Share Capital
industry
41202 - Construction of domestic buildings
incorporation date
January 2015
age
10
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
January 2021
previous names
N/A
accountant
-
auditor
-
address
allagany sibthorp gardens, canwick, lincoln, LN4 2RL
Bank
-
Legal Advisor
-
darrant developments (lincoln) 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 darrant developments (lincoln) limited.
darrant developments (lincoln) 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 DARRANT DEVELOPMENTS (LINCOLN) LIMITED. This can take several minutes, an email will notify you when this has completed.
darrant developments (lincoln) limited Companies House Filings - See Documents
| date | description | view/download |
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