minerva development group limited
minerva development group limited Company Information
Company Number
09944685
Next Accounts
Mar 2025
Shareholders
daniel robert lea
patrick murphy
View AllGroup Structure
View All
Industry
Construction of domestic buildings
+1Registered Address
09944685: ch default address, cardiff, CF14 8LH
Website
minervadevelopmentsgroup.comminerva development group limited Estimated Valuation
Pomanda estimates the enterprise value of MINERVA DEVELOPMENT GROUP LIMITED at £39.4m based on a Turnover of £53.2m and 0.74x industry multiple (adjusted for size and gross margin).
minerva development group limited Estimated Valuation
Pomanda estimates the enterprise value of MINERVA DEVELOPMENT GROUP LIMITED at £6.8m based on an EBITDA of £1.1m and a 5.96x industry multiple (adjusted for size and gross margin).
minerva development group limited Estimated Valuation
Pomanda estimates the enterprise value of MINERVA DEVELOPMENT GROUP LIMITED at £19.6m based on Net Assets of £13.6m and 1.44x industry multiple (adjusted for liquidity).
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Minerva Development Group Limited Overview
Minerva Development Group Limited is a dissolved company that was located in cardiff, CF14 8LH with a Companies House number of 09944685. It operated in the development of building projects sector, SIC Code 41100. Founded in January 2016, it's largest shareholder was daniel robert lea with a 34% stake. The last turnover for Minerva Development Group Limited was estimated at £53.2m.
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Minerva Development Group Limited Health Check
Pomanda's financial health check has awarded Minerva Development Group Limited a 2 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 2 areas for improvement. Company Health Check FAQs
3 Strong
1 Regular
2 Weak
Size
annual sales of £1.7m, make it larger than the average company (£933.5k)
- Minerva Development Group Limited
£933.5k - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Minerva Development Group Limited
- - Industry AVG
Production
with a gross margin of 11.9%, this company has a higher cost of product (26.6%)
- Minerva Development Group Limited
26.6% - Industry AVG
Profitability
an operating margin of 151% make it more profitable than the average company (11.4%)
- Minerva Development Group Limited
11.4% - Industry AVG
Employees
with 18 employees, this is above the industry average (6)
18 - Minerva Development Group Limited
6 - Industry AVG
Pay Structure
on an average salary of £40.7k, the company has an equivalent pay structure (£40.7k)
- Minerva Development Group Limited
£40.7k - Industry AVG
Efficiency
resulting in sales per employee of £93.3k, this is less efficient (£260.5k)
- Minerva Development Group Limited
£260.5k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Minerva Development Group Limited
- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- Minerva Development Group Limited
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Minerva Development Group Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Minerva Development Group Limited
- - Industry AVG
Debt Level
There is insufficient data available for this Key Performance Indicator!
- - Minerva Development Group Limited
- - Industry AVG
MINERVA DEVELOPMENT GROUP LIMITED financials
Minerva Development Group Limited's latest turnover from September 2018 is estimated at £53.2 million and the company has net assets of £13.6 million. According to their latest financial statements, Minerva Development Group Limited has 19 employees and maintains cash reserves of £18.9 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Sep 2018 | Jan 2018 | Jan 2017 | |
|---|---|---|---|
| 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 | 19 | 18 | |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Sep 2018 | Jan 2018 | Jan 2017 | |
|---|---|---|---|
| Tangible Assets | 5,296,768 | 1,225,505 | |
| Intangible Assets | |||
| Investments & Other | 11,806,394 | 100 | |
| Debtors (Due After 1 year) | 620,716 | ||
| Total Fixed Assets | 17,723,878 | 1,225,505 | 100 |
| Stock & work in progress | 7,784,229 | ||
| Trade Debtors | |||
| Group Debtors | |||
| Misc Debtors | |||
| Cash | 18,932,579 | 831,309 | |
| misc current assets | 135,640 | ||
| total current assets | 26,852,448 | 831,309 | |
| total assets | 44,576,326 | 2,056,814 | 100 |
| Bank overdraft | |||
| Bank loan | |||
| Trade Creditors | 25,477,344 | ||
| Group/Directors Accounts | |||
| other short term finances | |||
| hp & lease commitments | |||
| other current liabilities | |||
| total current liabilities | 25,477,344 | ||
| loans | 5,184,847 | ||
| hp & lease commitments | |||
| Accruals and Deferred Income | |||
| other liabilities | |||
| provisions | 314,356 | ||
| total long term liabilities | 5,499,203 | ||
| total liabilities | 30,976,547 | ||
| net assets | 13,599,779 | 2,056,814 | 100 |
| total shareholders funds | 13,599,779 | 2,056,814 | 100 |
| Sep 2018 | Jan 2018 | Jan 2017 | |
|---|---|---|---|
| Operating Activities | |||
| Operating Profit | |||
| Depreciation | |||
| Amortisation | |||
| Tax | |||
| Stock | 7,784,229 | ||
| Debtors | 620,716 | ||
| Creditors | 25,477,344 | ||
| Accruals and Deferred Income | |||
| Deferred Taxes & Provisions | 314,356 | ||
| Cash flow from operations | |||
| Investing Activities | |||
| capital expenditure | |||
| Change in Investments | 11,806,294 | -100 | 100 |
| cash flow from investments | |||
| Financing Activities | |||
| Bank loans | |||
| Group/Directors Accounts | |||
| Other Short Term Loans | |||
| Long term loans | 5,184,847 | ||
| Hire Purchase and Lease Commitments | |||
| other long term liabilities | |||
| share issue | |||
| interest | |||
| cash flow from financing | |||
| cash and cash equivalents | |||
| cash | 18,932,579 | 831,309 | |
| overdraft | |||
| change in cash | 18,932,579 | 831,309 |
minerva development group limited Credit Report and Business Information
Minerva Development Group Limited Competitor Analysis
Perform a competitor analysis for minerva development group limited by selecting its closest rivals, whether from the CONSTRUCTION sector, other undefined companies, companies in CF14 area or any other competitors across 12 key performance metrics.
minerva development group limited Ownership
MINERVA DEVELOPMENT GROUP LIMITED group structure
Minerva Development Group Limited has no subsidiary companies.
Ultimate parent company
MINERVA DEVELOPMENT GROUP LIMITED
09944685
minerva development group limited directors
Minerva Development Group Limited currently has 2 directors. The longest serving directors include Mr Paul Edwards (Jun 2018) and Mr Simon Phipps (Jun 2018).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Paul Edwards | England | 39 years | Jun 2018 | - | Director |
| Mr Simon Phipps | England | 59 years | Jun 2018 | - | Director |
P&L
September 2018turnover
53.2m
0%
operating profit
1.1m
0%
gross margin
11.4%
0%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
September 2018net assets
13.6m
+135996.79%
total assets
44.6m
+445762.26%
cash
18.9m
0%
net assets
Total assets minus all liabilities
minerva development group limited company details
company number
09944685
Type
Private limited with Share Capital
industry
41202 - Construction of domestic buildings
41100 - Development of building projects
incorporation date
January 2016
age
9
incorporated
UK
ultimate parent company
accounts
Unaudited Abridged
last accounts submitted
September 2018
previous names
hxl solutions ltd (May 2018)
accountant
-
auditor
-
address
09944685: ch default address, cardiff, CF14 8LH
Bank
-
Legal Advisor
-
minerva development group 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 did not find charges/mortgages relating to minerva development group limited.
minerva development group 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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minerva development group limited Companies House Filings - See Documents
| date | description | view/download |
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