developments by smc ltd

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developments by smc ltd Company Information

Share DEVELOPMENTS BY SMC LTD

Company Number

09526605

Shareholders

martin carrington

stephen goodall

Group Structure

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Industry

Development of building projects

 

Registered Address

3, warehouse w, 3 western gateway, royal victoria docks, london, E16 1BD

Website

-

developments by smc ltd Estimated Valuation

£837.7k

Pomanda estimates the enterprise value of DEVELOPMENTS BY SMC LTD at £837.7k based on a Turnover of £1.7m and 0.5x industry multiple (adjusted for size and gross margin).

developments by smc ltd Estimated Valuation

£919.6k

Pomanda estimates the enterprise value of DEVELOPMENTS BY SMC LTD at £919.6k based on an EBITDA of £242.6k and a 3.79x industry multiple (adjusted for size and gross margin).

developments by smc ltd Estimated Valuation

£272.6k

Pomanda estimates the enterprise value of DEVELOPMENTS BY SMC LTD at £272.6k based on Net Assets of £196.7k and 1.39x industry multiple (adjusted for liquidity).

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Developments By Smc Ltd Overview

Developments By Smc Ltd is a live company located in royal victoria docks, E16 1BD with a Companies House number of 09526605. It operates in the development of building projects sector, SIC Code 41100. Founded in April 2015, it's largest shareholder is martin carrington with a 50% stake. Developments By Smc Ltd is a established, small sized company, Pomanda has estimated its turnover at £1.7m with declining growth in recent years.

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Developments By Smc Ltd Health Check

Pomanda's financial health check has awarded Developments By Smc Ltd a 3 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 4 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating3out of 5
positive_score

2 Strong

positive_score

2 Regular

positive_score

4 Weak

size

Size

annual sales of £1.7m, make it smaller than the average company (£2.2m)

£1.7m - Developments By Smc Ltd

£2.2m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -6%, show it is growing at a slower rate (2.3%)

-6% - Developments By Smc Ltd

2.3% - Industry AVG

production

Production

with a gross margin of 25.9%, this company has a comparable cost of product (25.9%)

25.9% - Developments By Smc Ltd

25.9% - Industry AVG

profitability

Profitability

an operating margin of 14.4% make it more profitable than the average company (8.4%)

14.4% - Developments By Smc Ltd

8.4% - Industry AVG

employees

Employees

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

2 - Developments By Smc Ltd

6 - Industry AVG

paystructure

Pay Structure

on an average salary of £45.9k, the company has an equivalent pay structure (£45.9k)

£45.9k - Developments By Smc Ltd

£45.9k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £842.7k, this is more efficient (£271.2k)

£842.7k - Developments By Smc Ltd

£271.2k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 42 days, this is later than average (28 days)

42 days - Developments By Smc Ltd

28 days - Industry AVG

creditordays

Creditor Days

There is insufficient data available for this Key Performance Indicator!

- - Developments By Smc Ltd

- - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Developments By Smc Ltd

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - Developments By Smc Ltd

- - Industry AVG

debtlevel

Debt Level

There is insufficient data available for this Key Performance Indicator!

- - Developments By Smc Ltd

- - Industry AVG

DEVELOPMENTS BY SMC LTD financials

EXPORTms excel logo

Developments By Smc Ltd's latest turnover from March 2023 is estimated at £1.7 million and the company has net assets of £196.7 thousand. According to their latest financial statements, Developments By Smc Ltd has 2 employees and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Mar 2023Mar 2022Mar 2021Apr 2020Apr 2019Apr 2018Apr 2017Apr 2016
Turnover1,685,312221,9921,222,7672,018,4662,492,7291,457,6031,326,9351,204,817
Other Income Or Grants
Cost Of Sales1,249,317167,625923,8581,489,7241,782,9901,026,274915,156846,665
Gross Profit435,99554,367298,909528,743709,739431,329411,778358,151
Admin Expenses193,443251,07289,704572,979619,692432,850412,260359,074
Operating Profit242,552-196,705209,205-44,23690,047-1,521-482-923
Interest Payable
Interest Receivable229311851,392223
Pre-Tax Profit242,552-196,476209,236-44,05191,438-1,519-480-920
Tax-46,085-39,755-17,373
Profit After Tax196,467-196,476169,481-44,05174,065-1,519-480-920
Dividends Paid
Retained Profit196,467-196,476169,481-44,05174,065-1,519-480-920
Employee Costs91,89388,90686,54486,15684,66783,78482,54441,212
Number Of Employees22222221
EBITDA*242,552-196,705209,205-44,23690,047-1,521-482-923

* Earnings Before Interest, Tax, Depreciation and Amortisation

Mar 2023Mar 2022Mar 2021Apr 2020Apr 2019Apr 2018Apr 2017Apr 2016
Tangible Assets
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
Stock & work in progress634,197284,217313,416311,228308,857
Trade Debtors196,667100227,4405,641
Group Debtors
Misc Debtors
Cash61,10930370,8302784851,208
misc current assets
total current assets196,667100288,549639,868655,047313,694311,713310,065
total assets196,667100288,549639,868655,047313,694311,713310,065
Bank overdraft
Bank loan
Trade Creditors 41,873612,673583,801316,513313,013310,885
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
total current liabilities41,873612,673583,801316,513313,013310,885
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities50,000
provisions
total long term liabilities50,000
total liabilities91,873612,673583,801316,513313,013310,885
net assets196,667100196,67627,19571,246-2,819-1,300-820
total shareholders funds196,667100196,67627,19571,246-2,819-1,300-820
Mar 2023Mar 2022Mar 2021Apr 2020Apr 2019Apr 2018Apr 2017Apr 2016
Operating Activities
Operating Profit242,552-196,705209,205-44,23690,047-1,521-482-923
Depreciation
Amortisation
Tax-46,085-39,755-17,373
Stock-634,197349,980-29,1992,1882,371308,857
Debtors196,567-227,340221,7995,641
Creditors-41,873-570,80028,872267,2883,5002,128310,885
Accruals and Deferred Income
Deferred Taxes & Provisions
Cash flow from operations-100-11,23811,048-370,985369,161-209-7251,105
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
Hire Purchase and Lease Commitments
other long term liabilities-50,00050,000
share issue100-100100
interest229311851,392223
cash flow from financing100-49,87150,0311851,39222103
cash and cash equivalents
cash-61,10961,079-370,800370,552-207-7231,208
overdraft
change in cash-61,10961,079-370,800370,552-207-7231,208

developments by smc 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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Developments By Smc Ltd Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for developments by smc ltd by selecting its closest rivals, whether from the CONSTRUCTION sector, other small companies, companies in E16 area or any other competitors across 12 key performance metrics.

developments by smc ltd Ownership

DEVELOPMENTS BY SMC LTD group structure

Developments By Smc Ltd has no subsidiary companies.

Ultimate parent company

DEVELOPMENTS BY SMC LTD

09526605

DEVELOPMENTS BY SMC LTD Shareholders

martin carrington 50%
stephen goodall 50%

developments by smc ltd directors

Developments By Smc Ltd currently has 2 directors. The longest serving directors include Mr Stephen Goodall (Apr 2015) and Mr Martin Carrington (Apr 2015).

officercountryagestartendrole
Mr Stephen GoodallUnited Kingdom64 years Apr 2015- Director
Mr Martin CarringtonUnited Kingdom68 years Apr 2015- Director

P&L

March 2023

turnover

1.7m

+659%

operating profit

242.6k

0%

gross margin

25.9%

+5.63%

turnover

Turnover, or revenue, is the amount of sales generated by a company within the financial year.

Balance Sheet

March 2023

net assets

196.7k

+1965.67%

total assets

196.7k

+1965.67%

cash

0

0%

net assets

Total assets minus all liabilities

developments by smc ltd company details

company number

09526605

Type

Private limited with Share Capital

industry

41100 - Development of building projects

incorporation date

April 2015

age

10

incorporated

UK

ultimate parent company

None

accounts

Total Exemption Full

last accounts submitted

March 2023

previous names

N/A

accountant

COOPER ADAMS LTD

auditor

-

address

3, warehouse w, 3 western gateway, royal victoria docks, london, E16 1BD

Bank

-

Legal Advisor

-

developments by smc 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 did not find charges/mortgages relating to developments by smc ltd.

developments by smc 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.

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developments by smc ltd Companies House Filings - See Documents

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