
Company Number
09526605
Next Accounts
131 days late
Shareholders
martin carrington
stephen goodall
Group Structure
View All
Industry
Development of building projects
Registered Address
3, warehouse w, 3 western gateway, royal victoria docks, london, E16 1BD
Website
-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).
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).
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 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.
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
2 Strong
2 Regular
4 Weak
Size
annual sales of £1.7m, make it smaller than the average company (£2.2m)
- Developments By Smc Ltd
£2.2m - Industry AVG
Growth
3 year (CAGR) sales growth of -6%, show it is growing at a slower rate (2.3%)
- Developments By Smc Ltd
2.3% - Industry AVG
Production
with a gross margin of 25.9%, this company has a comparable cost of product (25.9%)
- Developments By Smc Ltd
25.9% - Industry AVG
Profitability
an operating margin of 14.4% make it more profitable than the average company (8.4%)
- Developments By Smc Ltd
8.4% - Industry AVG
Employees
with 2 employees, this is below the industry average (6)
2 - Developments By Smc Ltd
6 - Industry AVG
Pay Structure
on an average salary of £45.9k, the company has an equivalent pay structure (£45.9k)
- Developments By Smc Ltd
£45.9k - Industry AVG
Efficiency
resulting in sales per employee of £842.7k, this is more efficient (£271.2k)
- Developments By Smc Ltd
£271.2k - Industry AVG
Debtor Days
it gets paid by customers after 42 days, this is later than average (28 days)
- Developments By Smc Ltd
28 days - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- Developments By Smc Ltd
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Developments By Smc Ltd
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Developments By Smc Ltd
- - Industry AVG
Debt Level
There is insufficient data available for this Key Performance Indicator!
- - Developments By Smc Ltd
- - Industry AVG
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 House, Pomanda Estimates
Mar 2023 | Mar 2022 | Mar 2021 | Apr 2020 | Apr 2019 | Apr 2018 | Apr 2017 | Apr 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 | 2 | 2 | 2 | 2 | 2 | 2 | 1 |
EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
Mar 2023 | Mar 2022 | Mar 2021 | Apr 2020 | Apr 2019 | Apr 2018 | Apr 2017 | Apr 2016 | |
---|---|---|---|---|---|---|---|---|
Tangible Assets | ||||||||
Intangible Assets | ||||||||
Investments & Other | ||||||||
Debtors (Due After 1 year) | ||||||||
Total Fixed Assets | ||||||||
Stock & work in progress | 634,197 | 284,217 | 313,416 | 311,228 | 308,857 | |||
Trade Debtors | 196,667 | 100 | 227,440 | 5,641 | ||||
Group Debtors | ||||||||
Misc Debtors | ||||||||
Cash | 61,109 | 30 | 370,830 | 278 | 485 | 1,208 | ||
misc current assets | ||||||||
total current assets | 196,667 | 100 | 288,549 | 639,868 | 655,047 | 313,694 | 311,713 | 310,065 |
total assets | 196,667 | 100 | 288,549 | 639,868 | 655,047 | 313,694 | 311,713 | 310,065 |
Bank overdraft | ||||||||
Bank loan | ||||||||
Trade Creditors | 41,873 | 612,673 | 583,801 | 316,513 | 313,013 | 310,885 | ||
Group/Directors Accounts | ||||||||
other short term finances | ||||||||
hp & lease commitments | ||||||||
other current liabilities | ||||||||
total current liabilities | 41,873 | 612,673 | 583,801 | 316,513 | 313,013 | 310,885 | ||
loans | ||||||||
hp & lease commitments | ||||||||
Accruals and Deferred Income | ||||||||
other liabilities | 50,000 | |||||||
provisions | ||||||||
total long term liabilities | 50,000 | |||||||
total liabilities | 91,873 | 612,673 | 583,801 | 316,513 | 313,013 | 310,885 | ||
net assets | 196,667 | 100 | 196,676 | 27,195 | 71,246 | -2,819 | -1,300 | -820 |
total shareholders funds | 196,667 | 100 | 196,676 | 27,195 | 71,246 | -2,819 | -1,300 | -820 |
Mar 2023 | Mar 2022 | Mar 2021 | Apr 2020 | Apr 2019 | Apr 2018 | Apr 2017 | Apr 2016 | |
---|---|---|---|---|---|---|---|---|
Operating Activities | ||||||||
Operating Profit | ||||||||
Depreciation | ||||||||
Amortisation | ||||||||
Tax | ||||||||
Stock | -634,197 | 349,980 | -29,199 | 2,188 | 2,371 | 308,857 | ||
Debtors | 196,567 | -227,340 | 221,799 | 5,641 | ||||
Creditors | -41,873 | -570,800 | 28,872 | 267,288 | 3,500 | 2,128 | 310,885 | |
Accruals and Deferred Income | ||||||||
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 | ||||||||
Hire Purchase and Lease Commitments | ||||||||
other long term liabilities | -50,000 | 50,000 | ||||||
share issue | ||||||||
interest | ||||||||
cash flow from financing | ||||||||
cash and cash equivalents | ||||||||
cash | -61,109 | 61,079 | -370,800 | 370,552 | -207 | -723 | 1,208 | |
overdraft | ||||||||
change in cash | -61,109 | 61,079 | -370,800 | 370,552 | -207 | -723 | 1,208 |
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 group structure
Developments By Smc Ltd has no subsidiary companies.
Ultimate parent company
DEVELOPMENTS BY SMC LTD
09526605
Developments By Smc Ltd currently has 2 directors. The longest serving directors include Mr Stephen Goodall (Apr 2015) and Mr Martin Carrington (Apr 2015).
officer | country | age | start | end | role |
---|---|---|---|---|---|
Mr Stephen Goodall | United Kingdom | 64 years | Apr 2015 | - | Director |
Mr Martin Carrington | United Kingdom | 68 years | Apr 2015 | - | Director |
P&L
March 2023turnover
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 2023net assets
196.7k
+1965.67%
total assets
196.7k
+1965.67%
cash
0
0%
net assets
Total assets minus all liabilities
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
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
-
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.
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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