create developments (blackpool) limited
create developments (blackpool) limited Company Information
Company Number
09601582
Next Accounts
48 days late
Shareholders
meadowlands (property holdings) limited
b h hotels limited
Group Structure
View All
Industry
Construction of commercial buildings
Registered Address
1 neptune court hallam way, blackpool, FY4 5LZ
Website
www.createconstruction.co.ukcreate developments (blackpool) limited Estimated Valuation
Pomanda estimates the enterprise value of CREATE DEVELOPMENTS (BLACKPOOL) LIMITED at £1.5m based on a Turnover of £4.6m and 0.34x industry multiple (adjusted for size and gross margin).
create developments (blackpool) limited Estimated Valuation
Pomanda estimates the enterprise value of CREATE DEVELOPMENTS (BLACKPOOL) LIMITED at £0 based on an EBITDA of £-114.6k and a 3.52x industry multiple (adjusted for size and gross margin).
create developments (blackpool) limited Estimated Valuation
Pomanda estimates the enterprise value of CREATE DEVELOPMENTS (BLACKPOOL) LIMITED at £4.3m based on Net Assets of £2.8m and 1.51x industry multiple (adjusted for liquidity).
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Create Developments (blackpool) Limited Overview
Create Developments (blackpool) Limited is a live company located in blackpool, FY4 5LZ with a Companies House number of 09601582. It operates in the construction of commercial buildings sector, SIC Code 41201. Founded in May 2015, it's largest shareholder is meadowlands (property holdings) limited with a 59.9% stake. Create Developments (blackpool) Limited is a established, small sized company, Pomanda has estimated its turnover at £4.6m with high growth in recent years.
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Create Developments (blackpool) Limited Health Check
Pomanda's financial health check has awarded Create Developments (Blackpool) Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 5 areas for improvement. Company Health Check FAQs
4 Strong
3 Regular
5 Weak
Size
annual sales of £4.6m, make it smaller than the average company (£10.2m)
- Create Developments (blackpool) Limited
£10.2m - Industry AVG
Growth
3 year (CAGR) sales growth of 15%, show it is growing at a faster rate (5.1%)
- Create Developments (blackpool) Limited
5.1% - Industry AVG
Production
with a gross margin of 15.8%, this company has a comparable cost of product (15.8%)
- Create Developments (blackpool) Limited
15.8% - Industry AVG
Profitability
an operating margin of -6.9% make it less profitable than the average company (4.2%)
- Create Developments (blackpool) Limited
4.2% - Industry AVG
Employees
with 49 employees, this is above the industry average (29)
49 - Create Developments (blackpool) Limited
29 - Industry AVG
Pay Structure
on an average salary of £52.7k, the company has an equivalent pay structure (£52.7k)
- Create Developments (blackpool) Limited
£52.7k - Industry AVG
Efficiency
resulting in sales per employee of £93.6k, this is less efficient (£344k)
- Create Developments (blackpool) Limited
£344k - Industry AVG
Debtor Days
it gets paid by customers after 1 days, this is earlier than average (45 days)
- Create Developments (blackpool) Limited
45 days - Industry AVG
Creditor Days
its suppliers are paid after 19 days, this is quicker than average (40 days)
- Create Developments (blackpool) Limited
40 days - Industry AVG
Stock Days
it holds stock equivalent to 1 days, this is less than average (21 days)
- Create Developments (blackpool) Limited
21 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 19 weeks, this is average cash available to meet short term requirements (21 weeks)
19 weeks - Create Developments (blackpool) Limited
21 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 78.3%, this is a higher level of debt than the average (67.3%)
78.3% - Create Developments (blackpool) Limited
67.3% - Industry AVG
CREATE DEVELOPMENTS (BLACKPOOL) LIMITED financials
Create Developments (Blackpool) Limited's latest turnover from May 2023 is estimated at £4.6 million and the company has net assets of £2.8 million. According to their latest financial statements, Create Developments (Blackpool) Limited has 49 employees and maintains cash reserves of £527.9 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| May 2023 | May 2022 | May 2021 | May 2020 | May 2019 | Jul 2018 | Jul 2017 | Jul 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 | 49 | 42 | 31 | 36 | 32 | 9 | 4 | 1 |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| May 2023 | May 2022 | May 2021 | May 2020 | May 2019 | Jul 2018 | Jul 2017 | Jul 2016 | |
|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 11,737,248 | 8,642,156 | 8,128,121 | 8,197,186 | 8,343,773 | 8,400,000 | ||
| Intangible Assets | ||||||||
| Investments & Other | ||||||||
| Debtors (Due After 1 year) | ||||||||
| Total Fixed Assets | 11,737,248 | 8,642,156 | 8,128,121 | 8,197,186 | 8,343,773 | 8,400,000 | ||
| Stock & work in progress | 15,084 | 8,785 | 10,666 | 6,618 | 8,675 | 8,947 | 1,161,183 | |
| Trade Debtors | 17,483 | 29,593 | 95,930 | 32,060 | 33,503 | 42,953 | ||
| Group Debtors | 200 | 200 | 200 | 2 | ||||
| Misc Debtors | 799,250 | 812,079 | 708,672 | 593,405 | 537,400 | 594,592 | 149,987 | |
| Cash | 527,936 | 480,209 | 526,016 | 107,405 | 700,289 | 589,292 | 38 | |
| misc current assets | ||||||||
| total current assets | 1,359,753 | 1,330,666 | 1,341,284 | 739,488 | 1,280,067 | 1,235,984 | 1,311,408 | 2 |
| total assets | 13,097,001 | 9,972,822 | 9,469,405 | 8,936,674 | 9,623,840 | 9,635,984 | 1,311,408 | 2 |
| Bank overdraft | ||||||||
| Bank loan | 10,000 | 10,000 | ||||||
| Trade Creditors | 211,300 | 89,940 | 245,838 | 143,710 | 212,576 | 265,334 | 900,219 | |
| Group/Directors Accounts | ||||||||
| other short term finances | 337,646 | 337,646 | ||||||
| hp & lease commitments | ||||||||
| other current liabilities | 1,185,458 | 890,857 | 531,646 | 421,824 | 564,586 | 569,110 | 413,500 | |
| total current liabilities | 1,406,758 | 990,797 | 777,484 | 565,534 | 1,114,808 | 1,172,090 | 1,313,719 | |
| loans | 20,833 | 30,833 | 50,000 | 4,487,901 | 4,487,901 | |||
| hp & lease commitments | ||||||||
| Accruals and Deferred Income | ||||||||
| other liabilities | 8,062,833 | 5,014,400 | 4,881,704 | 4,487,901 | ||||
| provisions | 759,403 | 759,403 | 759,403 | 759,403 | 692,413 | 691,000 | ||
| total long term liabilities | 8,843,069 | 5,804,636 | 5,691,107 | 5,247,304 | 5,180,314 | 5,178,901 | ||
| total liabilities | 10,249,827 | 6,795,433 | 6,468,591 | 5,812,838 | 6,295,122 | 6,350,991 | 1,313,719 | |
| net assets | 2,847,174 | 3,177,389 | 3,000,814 | 3,123,836 | 3,328,718 | 3,284,993 | -2,311 | 2 |
| total shareholders funds | 2,847,174 | 3,177,389 | 3,000,814 | 3,123,836 | 3,328,718 | 3,284,993 | -2,311 | 2 |
| May 2023 | May 2022 | May 2021 | May 2020 | May 2019 | Jul 2018 | Jul 2017 | Jul 2016 | |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Operating Profit | ||||||||
| Depreciation | 200,981 | 69,605 | 69,065 | 69,065 | 69,076 | 4,898 | ||
| Amortisation | ||||||||
| Tax | ||||||||
| Stock | 6,299 | -1,881 | 4,048 | -2,057 | -272 | -1,152,236 | 1,161,183 | |
| Debtors | -24,939 | 37,070 | 179,137 | 54,362 | -66,642 | 487,558 | 150,185 | 2 |
| Creditors | 121,360 | -155,898 | 102,128 | -68,866 | -52,758 | -634,885 | 900,219 | |
| Accruals and Deferred Income | 294,601 | 359,211 | 109,822 | -142,762 | -4,524 | 155,610 | 413,500 | |
| Deferred Taxes & Provisions | 66,990 | 1,413 | 691,000 | |||||
| Cash flow from operations | ||||||||
| Investing Activities | ||||||||
| capital expenditure | ||||||||
| Change in Investments | ||||||||
| cash flow from investments | ||||||||
| Financing Activities | ||||||||
| Bank loans | 10,000 | |||||||
| Group/Directors Accounts | ||||||||
| Other Short Term Loans | -337,646 | 337,646 | ||||||
| Long term loans | -10,000 | -19,167 | 50,000 | -4,487,901 | 4,487,901 | |||
| Hire Purchase and Lease Commitments | ||||||||
| other long term liabilities | 3,048,433 | 132,696 | 393,803 | 4,487,901 | ||||
| share issue | ||||||||
| interest | ||||||||
| cash flow from financing | ||||||||
| cash and cash equivalents | ||||||||
| cash | 47,727 | -45,807 | 418,611 | -592,884 | 110,997 | 589,254 | 38 | |
| overdraft | ||||||||
| change in cash | 47,727 | -45,807 | 418,611 | -592,884 | 110,997 | 589,254 | 38 |
create developments (blackpool) limited Credit Report and Business Information
Create Developments (blackpool) Limited Competitor Analysis
Perform a competitor analysis for create developments (blackpool) limited by selecting its closest rivals, whether from the CONSTRUCTION sector, other small companies, companies in FY4 area or any other competitors across 12 key performance metrics.
create developments (blackpool) limited Ownership
CREATE DEVELOPMENTS (BLACKPOOL) LIMITED group structure
Create Developments (Blackpool) Limited has no subsidiary companies.
Ultimate parent company
1 parent
CREATE DEVELOPMENTS (BLACKPOOL) LIMITED
09601582
create developments (blackpool) limited directors
Create Developments (Blackpool) Limited currently has 4 directors. The longest serving directors include Mr Paul Mathison (May 2015) and Ms Gillian Mathison (Nov 2016).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Paul Mathison | United Kingdom | 49 years | May 2015 | - | Director |
| Ms Gillian Mathison | England | 57 years | Nov 2016 | - | Director |
| Mr Christopher Eddlestone | 75 years | Nov 2016 | - | Director | |
| Mr James Houlson | United Kingdom | 51 years | Nov 2016 | - | Director |
P&L
May 2023turnover
4.6m
+32%
operating profit
-315.6k
0%
gross margin
15.8%
+0.42%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
May 2023net assets
2.8m
-0.1%
total assets
13.1m
+0.31%
cash
527.9k
+0.1%
net assets
Total assets minus all liabilities
create developments (blackpool) limited company details
company number
09601582
Type
Private limited with Share Capital
industry
41201 - Construction of commercial buildings
incorporation date
May 2015
age
10
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
May 2023
previous names
N/A
accountant
TC GROUP
auditor
-
address
1 neptune court hallam way, blackpool, FY4 5LZ
Bank
-
Legal Advisor
-
create developments (blackpool) 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 found 2 charges/mortgages relating to create developments (blackpool) limited. Currently there are 2 open charges and 0 have been satisfied in the past.
create developments (blackpool) 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 CREATE DEVELOPMENTS (BLACKPOOL) LIMITED. This can take several minutes, an email will notify you when this has completed.
create developments (blackpool) limited Companies House Filings - See Documents
| date | description | view/download |
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