hartridge developments limited
hartridge developments limited Company Information
Company Number
09685568
Next Accounts
Oct 2025
Industry
Construction of domestic buildings
Shareholders
oakcrown developments limited
Group Structure
View All
Contact
Registered Address
birkby construction limited, lees road, maidstone, ME18 6BU
Website
-hartridge developments limited Estimated Valuation
Pomanda estimates the enterprise value of HARTRIDGE DEVELOPMENTS LIMITED at £210.9k based on a Turnover of £659.6k and 0.32x industry multiple (adjusted for size and gross margin).
hartridge developments limited Estimated Valuation
Pomanda estimates the enterprise value of HARTRIDGE DEVELOPMENTS LIMITED at £164.6k based on an EBITDA of £64.9k and a 2.54x industry multiple (adjusted for size and gross margin).
hartridge developments limited Estimated Valuation
Pomanda estimates the enterprise value of HARTRIDGE DEVELOPMENTS LIMITED at £0 based on Net Assets of £-133.6k and 1.35x industry multiple (adjusted for liquidity).
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Hartridge Developments Limited Overview
Hartridge Developments Limited is a live company located in maidstone, ME18 6BU with a Companies House number of 09685568. It operates in the construction of domestic buildings sector, SIC Code 41202. Founded in July 2015, it's largest shareholder is oakcrown developments limited with a 100% stake. Hartridge Developments Limited is a established, small sized company, Pomanda has estimated its turnover at £659.6k with rapid growth in recent years.
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Hartridge Developments Limited Health Check
Pomanda's financial health check has awarded Hartridge Developments Limited a 4 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 4 areas for improvement. Company Health Check FAQs
4 Strong
2 Regular
4 Weak
Size
annual sales of £659.6k, make it larger than the average company (£427.1k)
- Hartridge Developments Limited
£427.1k - Industry AVG
Growth
3 year (CAGR) sales growth of 42%, show it is growing at a faster rate (9.8%)
- Hartridge Developments Limited
9.8% - Industry AVG
Production
with a gross margin of 10.9%, this company has a higher cost of product (20.9%)
- Hartridge Developments Limited
20.9% - Industry AVG
Profitability
an operating margin of 9.8% make it more profitable than the average company (5.4%)
- Hartridge Developments Limited
5.4% - Industry AVG
Employees
with 3 employees, this is similar to the industry average (3)
3 - Hartridge Developments Limited
3 - Industry AVG
Pay Structure
on an average salary of £41.7k, the company has an equivalent pay structure (£41.7k)
- Hartridge Developments Limited
£41.7k - Industry AVG
Efficiency
resulting in sales per employee of £219.9k, this is more efficient (£190.7k)
- Hartridge Developments Limited
£190.7k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Hartridge Developments Limited
- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- Hartridge Developments Limited
- - Industry AVG
Stock Days
it holds stock equivalent to 1577 days, this is more than average (277 days)
- Hartridge Developments Limited
277 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 3 weeks, this is less cash available to meet short term requirements (14 weeks)
3 weeks - Hartridge Developments Limited
14 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 104.8%, this is a higher level of debt than the average (70.8%)
104.8% - Hartridge Developments Limited
70.8% - Industry AVG
HARTRIDGE DEVELOPMENTS LIMITED financials
Hartridge Developments Limited's latest turnover from January 2024 is estimated at £659.6 thousand and the company has net assets of -£133.6 thousand. According to their latest financial statements, Hartridge Developments Limited has 3 employees and maintains cash reserves of £184.1 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jan 2024 | Jan 2023 | Jan 2022 | Jan 2021 | Jul 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 | 3 | 3 | 3 | 2 | 2 | 2 | 2 | |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jan 2024 | Jan 2023 | Jan 2022 | Jan 2021 | Jul 2019 | Jul 2018 | Jul 2017 | Jul 2016 | |
|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Stock & work in progress | 2,540,674 | 2,265,174 | 1,047,745 | 714,661 | 0 | 0 | 0 | 510,000 |
| Trade Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 32,521 | 37,314 | 0 | 296 | 694,242 | 752,118 | 299,242 | 6,831 |
| Cash | 184,126 | 13,097 | 6,236 | 5,590 | 23,338 | 26,990 | 547,079 | 11,307 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 2,757,321 | 2,315,585 | 1,053,981 | 720,547 | 717,580 | 779,108 | 846,321 | 528,138 |
| total assets | 2,757,321 | 2,315,585 | 1,053,981 | 720,547 | 717,580 | 779,108 | 846,321 | 528,138 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 1,783,306 | 1,202,703 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 0 | 0 | 0 | 0 | 0 | 0 | 3,845 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 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 | 1,107,592 | 1,148,596 | 1,054,582 | 713,911 | 710,234 | 531,164 | 594,819 | 529,164 |
| total current liabilities | 2,890,898 | 2,351,299 | 1,054,582 | 713,911 | 710,234 | 531,164 | 598,664 | 529,164 |
| 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 | 2,890,898 | 2,351,299 | 1,054,582 | 713,911 | 710,234 | 531,164 | 598,664 | 529,164 |
| net assets | -133,577 | -35,714 | -601 | 6,636 | 7,346 | 247,944 | 247,657 | -1,026 |
| total shareholders funds | -133,577 | -35,714 | -601 | 6,636 | 7,346 | 247,944 | 247,657 | -1,026 |
| Jan 2024 | Jan 2023 | Jan 2022 | Jan 2021 | Jul 2019 | Jul 2018 | Jul 2017 | Jul 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 | 275,500 | 1,217,429 | 333,084 | 714,661 | 0 | 0 | -510,000 | 510,000 |
| Debtors | -4,793 | 37,314 | -296 | 296 | -57,876 | 452,876 | 292,411 | 6,831 |
| Creditors | 0 | 0 | 0 | 0 | 0 | -3,845 | 3,845 | 0 |
| Accruals and Deferred Income | -41,004 | 94,014 | 340,671 | 713,911 | 179,070 | -63,655 | 65,655 | 529,164 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | ||||||||
| Investing Activities | ||||||||
| capital expenditure | ||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | ||||||||
| Financing Activities | ||||||||
| Bank loans | 580,603 | 1,202,703 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 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 | 171,029 | 6,861 | 646 | 5,590 | -3,652 | -520,089 | 535,772 | 11,307 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 171,029 | 6,861 | 646 | 5,590 | -3,652 | -520,089 | 535,772 | 11,307 |
hartridge developments limited Credit Report and Business Information
Hartridge Developments Limited Competitor Analysis
Perform a competitor analysis for hartridge developments limited by selecting its closest rivals, whether from the CONSTRUCTION sector, other small companies, companies in ME18 area or any other competitors across 12 key performance metrics.
hartridge developments limited Ownership
HARTRIDGE DEVELOPMENTS LIMITED group structure
Hartridge Developments Limited has no subsidiary companies.
Ultimate parent company
1 parent
HARTRIDGE DEVELOPMENTS LIMITED
09685568
hartridge developments limited directors
Hartridge Developments Limited currently has 3 directors. The longest serving directors include Mr Dale Birkby (Jul 2015) and Mr Lee Birkby (Jan 2022).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Dale Birkby | England | 62 years | Jul 2015 | - | Director |
| Mr Lee Birkby | England | 58 years | Jan 2022 | - | Director |
| Mr Martin Curd | England | 58 years | Jan 2022 | - | Director |
P&L
January 2024turnover
659.6k
+1%
operating profit
64.9k
0%
gross margin
10.9%
+9.13%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
January 2024net assets
-133.6k
+2.74%
total assets
2.8m
+0.19%
cash
184.1k
+13.06%
net assets
Total assets minus all liabilities
hartridge developments limited company details
company number
09685568
Type
Private limited with Share Capital
industry
41202 - Construction of domestic buildings
incorporation date
July 2015
age
10
incorporated
UK
ultimate parent company
accounts
Unaudited Abridged
last accounts submitted
January 2024
previous names
N/A
accountant
-
auditor
-
address
birkby construction limited, lees road, maidstone, ME18 6BU
Bank
-
Legal Advisor
-
hartridge developments 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 4 charges/mortgages relating to hartridge developments limited. Currently there are 2 open charges and 2 have been satisfied in the past.
hartridge developments 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 HARTRIDGE DEVELOPMENTS LIMITED. This can take several minutes, an email will notify you when this has completed.
hartridge developments limited Companies House Filings - See Documents
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