Pomanda estimates the enterprise value of 2020 DEVELOPMENTS (LUTON) LIMITED at £561.3k based on a Turnover of £689.7k and 0.81x industry multiple (adjusted for size and gross margin).
Pomanda estimates the enterprise value of 2020 DEVELOPMENTS (LUTON) LIMITED at £0 based on an EBITDA of £-505.5k and a 6.43x industry multiple (adjusted for size and gross margin).
Pomanda estimates the enterprise value of 2020 DEVELOPMENTS (LUTON) LIMITED at £55.7m based on Net Assets of £39.4m and 1.41x industry multiple (adjusted for liquidity).
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2020 Developments (luton) LimitedOverview
2020 Developments (luton) Limited is a live company located in luton, LU4 8AW with a Companies House number of 09804020. It operates in the development of building projects sector, SIC Code 41100. Founded in October 2015, it's largest shareholder is
2020 holdings (england) limited
with a 75% stake. 2020 Developments (luton) Limited is a established,
small sized company, Pomanda has estimated its turnover at
£689.7k with
declining
growth in recent years.
Pomanda's financial health check has awarded 2020 Developments (Luton) Limited a 4 rating. We use a traffic light system to show it exceeds the industry average on 6 measures and has 5 areas for improvement. Company Health Check FAQs
Health Rating4out of 5
6 Strong
0 Regular
5 Weak
Size
annual sales of £689.7k, make it smaller than the average company (£2.2m)
£689.7k - 2020 Developments (luton) Limited
£2.2m - Industry AVG
Growth
3 year (CAGR) sales growth of -30%, show it is growing at a slower rate (3.1%)
-30% - 2020 Developments (luton) Limited
3.1% - Industry AVG
Production
with a gross margin of 61.3%, this company has a lower cost of product (26.3%)
61.3% - 2020 Developments (luton) Limited
26.3% - Industry AVG
Profitability
an operating margin of -95% make it less profitable than the average company (7.2%)
-95% - 2020 Developments (luton) Limited
7.2% - Industry AVG
Employees
with 8 employees, this is above the industry average (6)
8 - 2020 Developments (luton) Limited
6 - Industry AVG
Pay Structure
on an average salary of £158.3k, the company has a higher pay structure (£46.9k)
£158.3k - 2020 Developments (luton) Limited
£46.9k - Industry AVG
Efficiency
resulting in sales per employee of £86.2k, this is less efficient (£277.5k)
£86.2k - 2020 Developments (luton) Limited
£277.5k - Industry AVG
Debtor Days
it gets paid by customers after 13 days, this is earlier than average (28 days)
13 days - 2020 Developments (luton) Limited
28 days - Industry AVG
Creditor Days
its suppliers are paid after 2768 days, this is slower than average (30 days)
2768 days - 2020 Developments (luton) Limited
30 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - 2020 Developments (luton) Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities
for 43 weeks, this is more cash available to meet short term requirements (13 weeks)
43 weeks - 2020 Developments (luton) Limited
13 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 50.6%, this is a lower level of debt than the average (73.4%)
50.6% - 2020 Developments (luton) Limited
73.4% - Industry AVG
2020 DEVELOPMENTS (LUTON) LIMITED financials
EXPORT
2020 Developments (Luton) Limited's latest turnover from June 2023 is £689.7 thousand and the company has net assets of £39.4 million. According to their latest financial statements, 2020 Developments (Luton) Limited has 8 employees and maintains cash reserves of £32.5 million as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Jun 2023
Jun 2022
Jun 2021
Jun 2020
May 2019
May 2018
May 2017
May 2016
Turnover
689,739
658,721
729,939
2,016,113
3,197,497
1,242,514
1,239,288
16,429,440
Other Income Or Grants
Cost Of Sales
267,038
581,346
558,014
1,509,348
2,298,273
880,379
857,040
11,543,210
Gross Profit
422,701
77,375
171,925
506,766
899,225
362,134
382,248
4,886,230
Admin Expenses
1,077,668
-49,290,724
-1,093,025
-1,056,339
-759,445
-722,283
-91,618
5,013,752
Operating Profit
-654,967
49,368,099
1,264,950
1,563,105
1,658,670
1,084,417
473,866
-127,522
Interest Payable
138,679
109,152
2,304,601
2,210,530
2,173,053
1,818,479
836,606
Interest Receivable
114
13
590
655
144
Pre-Tax Profit
-793,646
49,258,947
-1,039,537
-647,411
-513,793
-733,407
-362,596
-127,522
Tax
371,469
-8,285,260
Profit After Tax
-422,177
40,973,687
-1,039,537
-647,411
-513,793
-733,407
-362,596
-127,522
Dividends Paid
Retained Profit
-422,177
40,973,687
-1,039,537
-647,411
-513,793
-733,407
-362,596
-127,522
Employee Costs
1,266,288
597,032
131,398
343,375
550,907
209,804
41,171
41,586
Number Of Employees
8
3
3
8
13
5
1
1
EBITDA*
-505,495
49,803,069
1,626,287
1,944,164
1,880,123
1,277,861
473,866
-127,522
* Earnings Before Interest, Tax, Depreciation and Amortisation
Jun 2023
Jun 2022
Jun 2021
Jun 2020
May 2019
May 2018
May 2017
May 2016
Tangible Assets
34,138,861
25,612,191
38,274,255
36,124,484
33,936,870
28,010,817
26,298,171
12,090,441
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
34,138,861
25,612,191
38,274,255
36,124,484
33,936,870
28,010,817
26,298,171
12,090,441
Stock & work in progress
Trade Debtors
25,890
43,692,175
23,377
79,722
174,366
47,642
3,000
Group Debtors
11,804,327
1,768,537
82,699
Misc Debtors
1,364,461
148,344
18,457
54,936
125,681
207,695
305,045
660,233
Cash
32,500,529
12,017,885
211,729
16,111
10,560
146,882
114,986
misc current assets
total current assets
45,695,207
57,626,941
253,563
150,769
310,607
402,219
505,730
660,233
total assets
79,834,068
83,239,132
38,527,818
36,275,253
34,247,477
28,413,036
26,803,901
12,750,674
Bank overdraft
Bank loan
Trade Creditors
2,025,402
342,362
140,997
332,228
520,142
242,245
435,060
4,000,000
Group/Directors Accounts
3,484,391
990,746
248,075
205,429
279,289
other short term finances
36,454,310
57,678
676,526
15,963,931
722,357
250,000
hp & lease commitments
other current liabilities
37,417
6,436,034
37,426
65,601
11,600
7,099
87,561
435,503
total current liabilities
38,517,129
6,836,074
4,339,340
17,352,506
1,502,174
704,773
522,621
4,714,792
loans
34,208,719
37,612,743
21,307,475
34,482,621
28,931,788
26,771,398
hp & lease commitments
Accruals and Deferred Income
other liabilities
8,163,404
provisions
1,900,545
1,884,932
total long term liabilities
1,900,545
36,093,651
37,612,743
21,307,475
34,482,621
28,931,788
26,771,398
8,163,404
total liabilities
40,417,674
42,929,725
41,952,083
38,659,981
35,984,795
29,636,561
27,294,019
12,878,196
net assets
39,416,394
40,309,407
-3,424,265
-2,384,728
-1,737,318
-1,223,525
-490,118
-127,522
total shareholders funds
39,416,394
40,309,407
-3,424,265
-2,384,728
-1,737,318
-1,223,525
-490,118
-127,522
Jun 2023
Jun 2022
Jun 2021
Jun 2020
May 2019
May 2018
May 2017
May 2016
Operating Activities
Operating Profit
-654,967
49,368,099
1,264,950
1,563,105
1,658,670
1,084,417
473,866
-127,522
Depreciation
149,472
434,970
361,337
381,059
221,453
193,444
Amortisation
Tax
371,469
-8,285,260
Stock
Debtors
-32,414,378
45,567,222
-92,824
-165,389
44,710
-135,407
-269,489
660,233
Creditors
1,683,040
201,365
-191,231
-187,914
277,897
-192,815
-3,564,940
4,000,000
Accruals and Deferred Income
-6,398,617
6,398,608
-28,175
54,001
4,501
-80,462
-347,942
435,503
Deferred Taxes & Provisions
15,613
1,884,932
Cash flow from operations
27,580,388
4,435,492
1,499,705
1,975,640
2,117,811
1,139,991
-3,169,527
3,647,748
Investing Activities
capital expenditure
-8,676,142
12,227,094
-2,511,108
-2,568,673
-6,147,506
-1,906,090
-14,207,730
-12,090,441
Change in Investments
cash flow from investments
-8,676,142
12,227,094
-2,511,108
-2,568,673
-6,147,506
-1,906,090
-14,207,730
-12,090,441
Financing Activities
Bank loans
Group/Directors Accounts
-3,484,391
2,493,645
742,671
42,646
205,429
-279,289
279,289
Other Short Term Loans
36,396,632
-618,848
-15,287,405
15,241,574
472,357
250,000
Long term loans
-34,208,719
-3,404,024
16,305,268
-13,175,146
5,550,833
2,160,390
26,771,398
Hire Purchase and Lease Commitments
other long term liabilities
-8,163,404
8,163,404
share issue
-470,836
2,759,985
1
interest
-138,679
-109,152
-2,304,487
-2,210,517
-2,172,463
-1,817,824
-836,462
cash flow from financing
1,578,398
-4,856,430
1,207,021
598,583
3,893,373
797,995
17,492,243
8,442,693
cash and cash equivalents
cash
20,482,644
11,806,156
195,618
5,551
-136,322
31,896
114,986
overdraft
change in cash
20,482,644
11,806,156
195,618
5,551
-136,322
31,896
114,986
2020 developments (luton) limited Credit Report and Business Information
Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
Get a comprehensive credit check for 2020 developments (luton) limited. Get real-time insights into 2020 developments (luton) limited's credit score, group structure and payment trends.
Perform a competitor analysis for 2020 developments (luton) limited by selecting its closest rivals, whether from the CONSTRUCTION sector, other small companies, companies in LU4 area or any other competitors across 12 key performance metrics.
2020 developments (luton) limited Ownership
2020 DEVELOPMENTS (LUTON) LIMITED group structure
2020 Developments (Luton) Limited has no subsidiary companies.
The largest shareholders in 2020 Developments (Luton) Limited include 2020 Holdings (England) Limited and Gary Peter Sweet.
2020 holdings (england) limited
75%
gary peter sweet
15%
michael james moran
10%
2020 developments (luton) limited directors
2020 Developments (Luton) Limited currently has 7 directors.
The longest serving directors include
Mr David Wilkinson (Oct 2015) and
Mr Gary Sweet (Oct 2015).
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 2020 developments (luton) limited.
2020 developments (luton) 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.
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2020 developments (luton) limitedCompanies House Filings - See Documents
