herald street developments ltd
herald street developments ltd Company Information
Company Number
09790028
Website
midtowncapital.co.ukRegistered Address
4-5 gough square, london, EC4A 3DE
Industry
Development of building projects
Telephone
02071682566
Next Accounts Due
September 2024
Group Structure
View All
Shareholders
great sutton homes ltd 50%
redbay developments ltd 50%
herald street developments ltd Estimated Valuation
Pomanda estimates the enterprise value of HERALD STREET DEVELOPMENTS LTD at £77.1k based on a Turnover of £224.5k and 0.34x industry multiple (adjusted for size and gross margin).
herald street developments ltd Estimated Valuation
Pomanda estimates the enterprise value of HERALD STREET DEVELOPMENTS LTD at £0 based on an EBITDA of £-279 and a 2.57x industry multiple (adjusted for size and gross margin).
herald street developments ltd Estimated Valuation
Pomanda estimates the enterprise value of HERALD STREET DEVELOPMENTS LTD at £127.5k based on Net Assets of £95.1k and 1.34x industry multiple (adjusted for liquidity).
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Herald Street Developments Ltd Overview
Herald Street Developments Ltd is a dissolved company that was located in london, EC4A 3DE with a Companies House number of 09790028. It operated in the development of building projects sector, SIC Code 41100. Founded in September 2015, it's largest shareholder was great sutton homes ltd with a 50% stake. The last turnover for Herald Street Developments Ltd was estimated at £224.5k.
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Herald Street Developments Ltd Health Check
Pomanda's financial health check has awarded Herald Street Developments Ltd a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 8 areas for improvement. Company Health Check FAQs
1 Strong
1 Regular
8 Weak
Size
annual sales of £224.5k, make it smaller than the average company (£2.1m)
- Herald Street Developments Ltd
£2.1m - Industry AVG
Growth
3 year (CAGR) sales growth of -24%, show it is growing at a slower rate (0.4%)
- Herald Street Developments Ltd
0.4% - Industry AVG
Production
with a gross margin of 8.4%, this company has a higher cost of product (22.5%)
- Herald Street Developments Ltd
22.5% - Industry AVG
Profitability
an operating margin of -0.1% make it less profitable than the average company (9.1%)
- Herald Street Developments Ltd
9.1% - Industry AVG
Employees
with 1 employees, this is below the industry average (6)
- Herald Street Developments Ltd
6 - Industry AVG
Pay Structure
on an average salary of £44.8k, the company has an equivalent pay structure (£44.8k)
- Herald Street Developments Ltd
£44.8k - Industry AVG
Efficiency
resulting in sales per employee of £224.5k, this is less efficient (£272.1k)
- Herald Street Developments Ltd
£272.1k - Industry AVG
Debtor Days
it gets paid by customers after 156 days, this is later than average (34 days)
- Herald Street Developments Ltd
34 days - Industry AVG
Creditor Days
its suppliers are paid after 0 days, this is quicker than average (32 days)
- Herald Street Developments Ltd
32 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Herald Street Developments Ltd
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Herald Street Developments Ltd
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 1.3%, this is a lower level of debt than the average (75.8%)
1.3% - Herald Street Developments Ltd
75.8% - Industry AVG
HERALD STREET DEVELOPMENTS LTD financials
Herald Street Developments Ltd's latest turnover from September 2021 is estimated at £224.5 thousand and the company has net assets of £95.1 thousand. According to their latest financial statements, we estimate that Herald Street Developments Ltd has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Sep 2021 | Sep 2020 | Sep 2019 | Sep 2018 | Sep 2017 | Sep 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 | ||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Sep 2021 | Sep 2020 | Sep 2019 | Sep 2018 | Sep 2017 | Sep 2016 | |
|---|---|---|---|---|---|---|
| Tangible Assets | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 2 | 1 | 1 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 0 | 0 | 0 | 2 | 1 | 1 |
| Stock & work in progress | 0 | 0 | 113,948 | 0 | 0 | 0 |
| Trade Debtors | 96,274 | 1 | 0 | 113,981 | 116,598 | 0 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 2 | 2 | 0 | 0 | 0 |
| Cash | 0 | 563,493 | 731 | 0 | 0 | 0 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 96,274 | 563,496 | 114,681 | 113,981 | 116,598 | 0 |
| total assets | 96,274 | 563,496 | 114,681 | 113,983 | 116,599 | 1 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 11 | 440,025 | 4,560 | 115,648 | 116,598 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 0 | 0 | 115,105 | 0 | 0 | 0 |
| total current liabilities | 11 | 440,025 | 119,665 | 115,648 | 116,598 | 0 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 1,192 | 28,400 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 1,192 | 28,400 | 0 | 0 | 0 | 0 |
| total liabilities | 1,203 | 468,425 | 119,665 | 115,648 | 116,598 | 0 |
| net assets | 95,071 | 95,071 | -4,984 | -1,665 | 1 | 1 |
| total shareholders funds | 95,071 | 95,071 | -4,984 | -1,665 | 1 | 1 |
| Sep 2021 | Sep 2020 | Sep 2019 | Sep 2018 | Sep 2017 | Sep 2016 | |
|---|---|---|---|---|---|---|
| Operating Activities | ||||||
| Operating Profit | ||||||
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | ||||||
| Stock | 0 | -113,948 | 113,948 | 0 | 0 | 0 |
| Debtors | 96,271 | 1 | -113,979 | -2,617 | 116,598 | 0 |
| Creditors | -440,014 | 435,465 | -111,088 | -950 | 116,598 | 0 |
| Accruals and Deferred Income | -27,208 | -86,705 | 115,105 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | ||||||
| Investing Activities | ||||||
| capital expenditure | ||||||
| Change in Investments | 0 | 0 | -2 | 1 | 0 | 1 |
| cash flow from investments | ||||||
| Financing Activities | ||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||
| interest | ||||||
| cash flow from financing | ||||||
| cash and cash equivalents | ||||||
| cash | -563,493 | 562,762 | 731 | 0 | 0 | 0 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -563,493 | 562,762 | 731 | 0 | 0 | 0 |
herald street developments ltd Credit Report and Business Information
Herald Street Developments Ltd Competitor Analysis
Perform a competitor analysis for herald street developments ltd by selecting its closest rivals, whether from the CONSTRUCTION sector, other undefined companies, companies in EC4A area or any other competitors across 12 key performance metrics.
herald street developments ltd Ownership
HERALD STREET DEVELOPMENTS LTD group structure
Herald Street Developments Ltd has no subsidiary companies.
Ultimate parent company
HERALD STREET DEVELOPMENTS LTD
09790028
herald street developments ltd directors
Herald Street Developments Ltd currently has 2 directors. The longest serving directors include Mr James Best (Sep 2015) and Mr Mark Best (Sep 2015).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr James Best | United Kingdom | 67 years | Sep 2015 | - | Director |
| Mr Mark Best | United Kingdom | 44 years | Sep 2015 | - | Director |
P&L
September 2021turnover
224.5k
-75%
operating profit
-279.3
0%
gross margin
8.4%
-12.23%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
September 2021net assets
95.1k
0%
total assets
96.3k
-0.83%
cash
0
-1%
net assets
Total assets minus all liabilities
herald street developments ltd company details
company number
09790028
Type
Private limited with Share Capital
industry
41100 - Development of building projects
incorporation date
September 2015
age
9
incorporated
UK
accounts
Micro-Entity Accounts
ultimate parent company
previous names
N/A
last accounts submitted
September 2021
address
4-5 gough square, london, EC4A 3DE
accountant
-
auditor
-
herald street developments 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 herald street developments ltd.
herald street developments ltd Companies House Filings - See Documents
| date | description | view/download |
|---|
