cross developments (sussex) limited Company Information
Company Number
09477066
Next Accounts
Dec 2024
Industry
Development of building projects
Shareholders
marcia cross
robin cross
Group Structure
View All
Contact
Registered Address
ord kingston road, lewes, BN7 3NB
cross developments (sussex) limited Estimated Valuation
Pomanda estimates the enterprise value of CROSS DEVELOPMENTS (SUSSEX) LIMITED at £121.5k based on a Turnover of £224.5k and 0.54x industry multiple (adjusted for size and gross margin).
cross developments (sussex) limited Estimated Valuation
Pomanda estimates the enterprise value of CROSS DEVELOPMENTS (SUSSEX) LIMITED at £11m based on an EBITDA of £2.9m and a 3.8x industry multiple (adjusted for size and gross margin).
cross developments (sussex) limited Estimated Valuation
Pomanda estimates the enterprise value of CROSS DEVELOPMENTS (SUSSEX) LIMITED at £5.4m based on Net Assets of £3.4m and 1.56x industry multiple (adjusted for liquidity).
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Cross Developments (sussex) Limited Overview
Cross Developments (sussex) Limited is a live company located in lewes, BN7 3NB with a Companies House number of 09477066. It operates in the development of building projects sector, SIC Code 41100. Founded in March 2015, it's largest shareholder is marcia cross with a 50% stake. Cross Developments (sussex) Limited is a young, micro sized company, Pomanda has estimated its turnover at £224.5k with declining growth in recent years.
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Cross Developments (sussex) Limited Health Check
Pomanda's financial health check has awarded Cross Developments (Sussex) Limited a 4 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 5 areas for improvement. Company Health Check FAQs
![Health Check Image](/assets/images/big_heart.png)
![positive_score](/assets/images/scoreRate2.png)
3 Strong
![positive_score](/assets/images/scoreRate1.png)
2 Regular
![positive_score](/assets/images/scoreRate0.png)
5 Weak
![size](/assets/images/scoreRate0.png)
Size
annual sales of £224.5k, make it smaller than the average company (£2.1m)
- Cross Developments (sussex) Limited
£2.1m - Industry AVG
![growth](/assets/images/scoreRate0.png)
Growth
3 year (CAGR) sales growth of -26%, show it is growing at a slower rate (2.1%)
- Cross Developments (sussex) Limited
2.1% - Industry AVG
![production](/assets/images/scoreRate1.png)
Production
with a gross margin of 25.8%, this company has a comparable cost of product (25.8%)
- Cross Developments (sussex) Limited
25.8% - Industry AVG
![profitability](/assets/images/scoreRate2.png)
Profitability
an operating margin of 1288.9% make it more profitable than the average company (8.7%)
- Cross Developments (sussex) Limited
8.7% - Industry AVG
![employees](/assets/images/scoreRate0.png)
Employees
with 2 employees, this is below the industry average (6)
2 - Cross Developments (sussex) Limited
6 - Industry AVG
![paystructure](/assets/images/scoreRate1.png)
Pay Structure
on an average salary of £46.3k, the company has an equivalent pay structure (£46.3k)
- Cross Developments (sussex) Limited
£46.3k - Industry AVG
![efficiency](/assets/images/scoreRate0.png)
Efficiency
resulting in sales per employee of £112.2k, this is less efficient (£272.5k)
- Cross Developments (sussex) Limited
£272.5k - Industry AVG
![debtordays](/assets/images/scoreRate-1.png)
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Cross Developments (sussex) Limited
- - Industry AVG
![creditordays](/assets/images/scoreRate0.png)
Creditor Days
its suppliers are paid after 1 days, this is quicker than average (31 days)
- Cross Developments (sussex) Limited
31 days - Industry AVG
![stockdays](/assets/images/scoreRate-1.png)
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Cross Developments (sussex) Limited
- - Industry AVG
![cashbalance](/assets/images/scoreRate2.png)
Cash Balance
has cash to cover current liabilities for 72 weeks, this is more cash available to meet short term requirements (13 weeks)
72 weeks - Cross Developments (sussex) Limited
13 weeks - Industry AVG
![debtlevel](/assets/images/scoreRate2.png)
Debt Level
it has a ratio of liabilities to total assets of 9.9%, this is a lower level of debt than the average (74.5%)
9.9% - Cross Developments (sussex) Limited
74.5% - Industry AVG
CROSS DEVELOPMENTS (SUSSEX) LIMITED financials
![ms excel logo](/assets/images/ms_excel_logo.png)
Cross Developments (Sussex) Limited's latest turnover from March 2023 is estimated at £224.5 thousand and the company has net assets of £3.4 million. According to their latest financial statements, Cross Developments (Sussex) Limited has 2 employees and maintains cash reserves of £525.2 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
Mar 2023 | Mar 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 | 3 | 2 | 2 | 2 | |||
EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
Mar 2023 | Mar 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 | 4,613 | 4,613 | 4,613 | 3,711 | 3,711 | 711 | 110 | 0 |
Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Total Fixed Assets | 4,613 | 4,613 | 4,613 | 3,711 | 3,711 | 711 | 110 | 0 |
Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Trade Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Group Debtors | 1,304,014 | 550,622 | 574,570 | 117,257 | 107,635 | 0 | 19,635 | 0 |
Misc Debtors | 1,989,241 | 1,385,824 | 1,334,324 | 1,299,385 | 1,276,454 | 590,283 | 732,387 | 697,472 |
Cash | 525,158 | 421,078 | 218,168 | 467,889 | 533,500 | 1,039,198 | 400,674 | 0 |
misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total current assets | 3,818,413 | 2,357,524 | 2,127,062 | 1,884,531 | 1,917,589 | 1,629,481 | 1,152,696 | 697,472 |
total assets | 3,823,026 | 2,362,137 | 2,131,675 | 1,888,242 | 1,921,300 | 1,630,192 | 1,152,806 | 697,472 |
Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Trade Creditors | 471 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Group/Directors Accounts | 266,500 | 1,266,121 | 1,248,620 | 1,284,621 | 1,185,199 | 679,069 | 667,372 | 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 | 109,417 | 9,363 | 10,450 | 6,961 | 6,961 | 133,501 | 101,644 | 697,372 |
total current liabilities | 376,388 | 1,275,484 | 1,259,070 | 1,291,582 | 1,192,160 | 812,570 | 769,016 | 697,372 |
loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total liabilities | 376,388 | 1,275,484 | 1,259,070 | 1,291,582 | 1,192,160 | 812,570 | 769,016 | 697,372 |
net assets | 3,446,638 | 1,086,653 | 872,605 | 596,660 | 729,140 | 817,622 | 383,790 | 100 |
total shareholders funds | 3,446,638 | 1,086,653 | 872,605 | 596,660 | 729,140 | 817,622 | 383,790 | 100 |
Mar 2023 | Mar 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 | 1,356,809 | 27,552 | 492,252 | 32,553 | 793,806 | -161,739 | 54,550 | 697,472 |
Creditors | 471 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Accruals and Deferred Income | 100,054 | -1,087 | 3,489 | 0 | -126,540 | 31,857 | -595,728 | 697,372 |
Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Cash flow from operations | ||||||||
Investing Activities | ||||||||
capital expenditure | ||||||||
Change in Investments | 0 | 0 | 902 | 0 | 3,000 | 601 | 110 | 0 |
cash flow from investments | ||||||||
Financing Activities | ||||||||
Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Group/Directors Accounts | -999,621 | 17,501 | -36,001 | 99,422 | 506,130 | 11,697 | 667,372 | 0 |
Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 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 | 104,080 | 202,910 | -249,721 | -65,611 | -505,698 | 638,524 | 400,674 | 0 |
overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
change in cash | 104,080 | 202,910 | -249,721 | -65,611 | -505,698 | 638,524 | 400,674 | 0 |
cross developments (sussex) limited Credit Report and Business Information
Cross Developments (sussex) Limited Competitor Analysis
![competitor_analysis_table_img](/assets/images/competitor_analysis_table.png)
Perform a competitor analysis for cross developments (sussex) limited by selecting its closest rivals, whether from the CONSTRUCTION sector, other micro companies, companies in BN7 area or any other competitors across 12 key performance metrics.
cross developments (sussex) limited Ownership
CROSS DEVELOPMENTS (SUSSEX) LIMITED group structure
Cross Developments (Sussex) Limited has 5 subsidiary companies.
Ultimate parent company
CROSS DEVELOPMENTS (SUSSEX) LIMITED
09477066
5 subsidiaries
cross developments (sussex) limited directors
Cross Developments (Sussex) Limited currently has 2 directors. The longest serving directors include Mrs Marcia Cross (Mar 2015) and Mr Robin Cross (Mar 2015).
officer | country | age | start | end | role |
---|---|---|---|---|---|
Mrs Marcia Cross | England | 57 years | Mar 2015 | - | Director |
Mr Robin Cross | England | 59 years | Mar 2015 | - | Director |
P&L
March 2023turnover
224.5k
-73%
operating profit
2.9m
0%
gross margin
25.8%
+8.74%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2023net assets
3.4m
+2.17%
total assets
3.8m
+0.62%
cash
525.2k
+0.25%
net assets
Total assets minus all liabilities
cross developments (sussex) limited company details
company number
09477066
Type
Private limited with Share Capital
industry
41100 - Development of building projects
incorporation date
March 2015
age
9
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
March 2023
previous names
N/A
accountant
HENTON RANSOM LIMITED
auditor
-
address
ord kingston road, lewes, BN7 3NB
Bank
-
Legal Advisor
-
cross developments (sussex) 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 cross developments (sussex) limited.
cross developments (sussex) 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.
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cross developments (sussex) limited Companies House Filings - See Documents
date | description | view/download |
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