the asset development partnership limited
the asset development partnership limited Company Information
Company Number
09844033
Website
-Registered Address
8 birchway, prestbury, macclesfield, SK10 4BD
Industry
Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.
Telephone
-
Next Accounts Due
September 2025
Group Structure
View All
Shareholders
rochard o'keefe 20%
eilis o'keefe 20%
View Allthe asset development partnership limited Estimated Valuation
Pomanda estimates the enterprise value of THE ASSET DEVELOPMENT PARTNERSHIP LIMITED at £1.3m based on a Turnover of £398k and 3.15x industry multiple (adjusted for size and gross margin).
the asset development partnership limited Estimated Valuation
Pomanda estimates the enterprise value of THE ASSET DEVELOPMENT PARTNERSHIP LIMITED at £3.1m based on an EBITDA of £431.9k and a 7.2x industry multiple (adjusted for size and gross margin).
the asset development partnership limited Estimated Valuation
Pomanda estimates the enterprise value of THE ASSET DEVELOPMENT PARTNERSHIP LIMITED at £345.4k based on Net Assets of £213.2k and 1.62x industry multiple (adjusted for liquidity).
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The Asset Development Partnership Limited Overview
The Asset Development Partnership Limited is a live company located in macclesfield, SK10 4BD with a Companies House number of 09844033. It operates in the other letting and operating of own or leased real estate sector, SIC Code 68209. Founded in October 2015, it's largest shareholder is rochard o'keefe with a 20% stake. The Asset Development Partnership Limited is a young, micro sized company, Pomanda has estimated its turnover at £398k with high growth in recent years.
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The Asset Development Partnership Limited Health Check
Pomanda's financial health check has awarded The Asset Development Partnership Limited 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
3 Regular
4 Weak
Size
annual sales of £398k, make it smaller than the average company (£985k)
- The Asset Development Partnership Limited
£985k - Industry AVG
Growth
3 year (CAGR) sales growth of 20%, show it is growing at a faster rate (3.3%)
- The Asset Development Partnership Limited
3.3% - Industry AVG
Production
with a gross margin of 73.6%, this company has a comparable cost of product (73.6%)
- The Asset Development Partnership Limited
73.6% - Industry AVG
Profitability
an operating margin of 107% make it more profitable than the average company (25.3%)
- The Asset Development Partnership Limited
25.3% - Industry AVG
Employees
with 2 employees, this is below the industry average (4)
2 - The Asset Development Partnership Limited
4 - Industry AVG
Pay Structure
on an average salary of £33.1k, the company has an equivalent pay structure (£33.1k)
- The Asset Development Partnership Limited
£33.1k - Industry AVG
Efficiency
resulting in sales per employee of £199k, this is equally as efficient (£199k)
- The Asset Development Partnership Limited
£199k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- The Asset Development Partnership Limited
- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- The Asset Development Partnership Limited
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- The Asset Development Partnership Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (11 weeks)
0 weeks - The Asset Development Partnership Limited
11 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 76.4%, this is a higher level of debt than the average (69.3%)
76.4% - The Asset Development Partnership Limited
69.3% - Industry AVG
THE ASSET DEVELOPMENT PARTNERSHIP LIMITED financials
The Asset Development Partnership Limited's latest turnover from December 2023 is estimated at £398 thousand and the company has net assets of £213.2 thousand. According to their latest financial statements, The Asset Development Partnership Limited has 2 employees and maintains cash reserves of £771 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 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 | ||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | |
|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 900,250 | 563,627 | 569,978 | 579,054 | 588,259 | 597,439 | 603,656 | 663,066 |
| 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 | 900,250 | 563,627 | 569,978 | 579,054 | 588,259 | 597,439 | 603,656 | 663,066 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 0 | 0 | 0 | 3,047 | 2,632 | 1,866 | 900 | 0 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 732 | 831 | 11,078 | 0 | 0 | 0 | 0 | 0 |
| Cash | 771 | 3,337 | 2,961 | 0 | 0 | 0 | 0 | 578 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 1,503 | 4,168 | 14,039 | 3,047 | 2,632 | 1,866 | 900 | 578 |
| total assets | 901,753 | 567,795 | 584,017 | 582,101 | 590,891 | 599,305 | 604,556 | 663,644 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 0 | 0 | 0 | 208,720 | 221,312 | 234,369 | 693,212 | 665,167 |
| 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 | 274,098 | 183,785 | 209,014 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 274,098 | 183,785 | 209,014 | 208,720 | 221,312 | 234,369 | 693,212 | 665,167 |
| loans | 350,321 | 456,908 | 456,944 | 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 | 456,983 | 457,012 | 457,045 | 0 | 0 |
| provisions | 64,131 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 414,452 | 456,908 | 456,944 | 456,983 | 457,012 | 457,045 | 0 | 0 |
| total liabilities | 688,550 | 640,693 | 665,958 | 665,703 | 678,324 | 691,414 | 693,212 | 665,167 |
| net assets | 213,203 | -72,898 | -81,941 | -83,602 | -87,433 | -92,109 | -88,656 | -1,523 |
| total shareholders funds | 213,203 | -72,898 | -81,941 | -83,602 | -87,433 | -92,109 | -88,656 | -1,523 |
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Operating Profit | ||||||||
| Depreciation | 6,092 | 6,351 | 0 | 286 | ||||
| Amortisation | 0 | 0 | 0 | 0 | ||||
| Tax | ||||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | -99 | -10,247 | 8,031 | 415 | 766 | 966 | 900 | 0 |
| Creditors | 0 | 0 | -208,720 | -12,592 | -13,057 | -458,843 | 28,045 | 665,167 |
| Accruals and Deferred Income | 90,313 | -25,229 | 209,014 | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 64,131 | 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 | 0 | 0 | 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 | -106,587 | -36 | 456,944 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | -456,983 | -29 | -33 | 457,045 | 0 | 0 |
| share issue | ||||||||
| interest | ||||||||
| cash flow from financing | ||||||||
| cash and cash equivalents | ||||||||
| cash | -2,566 | 376 | 2,961 | 0 | 0 | 0 | -578 | 578 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -2,566 | 376 | 2,961 | 0 | 0 | 0 | -578 | 578 |
the asset development partnership limited Credit Report and Business Information
The Asset Development Partnership Limited Competitor Analysis
Perform a competitor analysis for the asset development partnership limited by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other micro companies, companies in SK10 area or any other competitors across 12 key performance metrics.
the asset development partnership limited Ownership
THE ASSET DEVELOPMENT PARTNERSHIP LIMITED group structure
The Asset Development Partnership Limited has no subsidiary companies.
Ultimate parent company
THE ASSET DEVELOPMENT PARTNERSHIP LIMITED
09844033
the asset development partnership limited directors
The Asset Development Partnership Limited currently has 2 directors. The longest serving directors include Mrs Tracey O'Keefe (Oct 2015) and Mr Richard O'Keefe (Oct 2015).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mrs Tracey O'Keefe | 61 years | Oct 2015 | - | Director | |
| Mr Richard O'Keefe | United Kingdom | 57 years | Oct 2015 | - | Director |
P&L
December 2023turnover
398k
+8%
operating profit
425.8k
0%
gross margin
73.6%
+3.93%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
213.2k
-3.92%
total assets
901.8k
+0.59%
cash
771
-0.77%
net assets
Total assets minus all liabilities
the asset development partnership limited company details
company number
09844033
Type
Private limited with Share Capital
industry
68209 - Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.
incorporation date
October 2015
age
9
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
December 2023
previous names
N/A
accountant
-
auditor
-
address
8 birchway, prestbury, macclesfield, SK10 4BD
Bank
-
Legal Advisor
-
the asset development partnership 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 the asset development partnership limited. Currently there are 2 open charges and 0 have been satisfied in the past.
the asset development partnership limited Companies House Filings - See Documents
| date | description | view/download |
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