starlite developments limited
starlite developments limited Company Information
Company Number
09949587
Website
-Registered Address
64 castle boulevard, nottingham, NG7 1FN
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
December 2024
Group Structure
View All
Shareholders
wai ha so 100%
starlite developments limited Estimated Valuation
Pomanda estimates the enterprise value of STARLITE DEVELOPMENTS LIMITED at £121.3k based on a Turnover of £49.7k and 2.44x industry multiple (adjusted for size and gross margin).
starlite developments limited Estimated Valuation
Pomanda estimates the enterprise value of STARLITE DEVELOPMENTS LIMITED at £6k based on an EBITDA of £1.2k and a 5.17x industry multiple (adjusted for size and gross margin).
starlite developments limited Estimated Valuation
Pomanda estimates the enterprise value of STARLITE DEVELOPMENTS LIMITED at £0 based on Net Assets of £-44.8k and 1.51x industry multiple (adjusted for liquidity).
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Starlite Developments Limited Overview
Starlite Developments Limited is a live company located in nottingham, NG7 1FN with a Companies House number of 09949587. It operates in the other letting and operating of own or leased real estate sector, SIC Code 68209. Founded in January 2016, it's largest shareholder is wai ha so with a 100% stake. Starlite Developments Limited is a young, micro sized company, Pomanda has estimated its turnover at £49.7k with declining growth in recent years.
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Starlite Developments Limited Health Check
Pomanda's financial health check has awarded Starlite Developments Limited a 0.5 rating. We use a traffic light system to show it exceeds the industry average on 0 measures and has 8 areas for improvement. Company Health Check FAQs
0 Strong
2 Regular
8 Weak
Size
annual sales of £49.7k, make it smaller than the average company (£800.6k)
- Starlite Developments Limited
£800.6k - Industry AVG
Growth
3 year (CAGR) sales growth of -49%, show it is growing at a slower rate (1.9%)
- Starlite Developments Limited
1.9% - Industry AVG
Production
with a gross margin of 32.7%, this company has a higher cost of product (74.2%)
- Starlite Developments Limited
74.2% - Industry AVG
Profitability
an operating margin of 2.4% make it less profitable than the average company (36.7%)
- Starlite Developments Limited
36.7% - Industry AVG
Employees
with 2 employees, this is below the industry average (4)
2 - Starlite Developments Limited
4 - Industry AVG
Pay Structure
on an average salary of £30.4k, the company has an equivalent pay structure (£30.4k)
- Starlite Developments Limited
£30.4k - Industry AVG
Efficiency
resulting in sales per employee of £24.8k, this is less efficient (£171.2k)
- Starlite Developments Limited
£171.2k - Industry AVG
Debtor Days
it gets paid by customers after 33 days, this is near the average (30 days)
- Starlite Developments Limited
30 days - Industry AVG
Creditor Days
its suppliers are paid after 7 days, this is quicker than average (37 days)
- Starlite Developments Limited
37 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Starlite Developments Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Starlite Developments Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 104.9%, this is a higher level of debt than the average (62.7%)
104.9% - Starlite Developments Limited
62.7% - Industry AVG
STARLITE DEVELOPMENTS LIMITED financials
Starlite Developments Limited's latest turnover from March 2023 is estimated at £49.7 thousand and the company has net assets of -£44.8 thousand. According to their latest financial statements, Starlite Developments Limited has 2 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2023 | Jan 2022 | Jan 2021 | Jan 2020 | Jan 2019 | 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 | 2 | 1 | 1 | 1 | |||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2023 | Jan 2022 | Jan 2021 | Jan 2020 | Jan 2019 | Jan 2018 | Jan 2017 | |
|---|---|---|---|---|---|---|---|
| Tangible Assets | 907,876 | 907,876 | 905,116 | 918,916 | 935,233 | 951,551 | 839,069 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 128,800 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 907,876 | 907,876 | 905,116 | 918,916 | 935,233 | 951,551 | 967,869 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 4,517 | 9,421 | 23,384 | 29,732 | 29,123 | 19,388 | 18,266 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 2,965 | 1,816 | 2,060 | 0 | 0 | 0 |
| Cash | 0 | 0 | 0 | 0 | 0 | 0 | 3,318 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 675 | 0 |
| total current assets | 4,517 | 12,386 | 25,200 | 31,792 | 29,123 | 20,063 | 21,584 |
| total assets | 912,393 | 920,262 | 930,316 | 950,708 | 964,356 | 971,614 | 989,453 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 705 | 270 | 953,980 | 954,951 | 957,336 | 962,854 | 984,979 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 705 | 270 | 953,980 | 954,951 | 957,336 | 962,854 | 984,979 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 3,000 | 3,100 | 3,856 | 3,699 | 3,542 | 0 |
| other liabilities | 956,468 | 962,717 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 956,468 | 965,717 | 3,100 | 3,856 | 3,699 | 3,542 | 0 |
| total liabilities | 957,173 | 965,987 | 957,080 | 958,807 | 961,035 | 966,396 | 984,979 |
| net assets | -44,780 | -45,725 | -26,764 | -8,099 | 3,321 | 5,218 | 4,474 |
| total shareholders funds | -44,780 | -45,725 | -26,764 | -8,099 | 3,321 | 5,218 | 4,474 |
| Mar 2023 | Jan 2022 | Jan 2021 | Jan 2020 | Jan 2019 | Jan 2018 | Jan 2017 | |
|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||
| Operating Profit | |||||||
| Depreciation | 0 | 0 | 2,518 | ||||
| Amortisation | 0 | 0 | 9,200 | ||||
| Tax | |||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | -7,869 | -12,814 | -6,592 | 2,669 | 9,735 | 1,122 | 18,266 |
| Creditors | 435 | -953,710 | -971 | -2,385 | -5,518 | -22,125 | 984,979 |
| Accruals and Deferred Income | -3,000 | -100 | -756 | 157 | 157 | 3,542 | 0 |
| Deferred Taxes & Provisions | 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 |
| cash flow from investments | |||||||
| Financing Activities | |||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | -6,249 | 962,717 | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||||
| interest | |||||||
| cash flow from financing | |||||||
| cash and cash equivalents | |||||||
| cash | 0 | 0 | 0 | 0 | 0 | -3,318 | 3,318 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 0 | 0 | 0 | 0 | 0 | -3,318 | 3,318 |
starlite developments limited Credit Report and Business Information
Starlite Developments Limited Competitor Analysis
Perform a competitor analysis for starlite developments limited by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other micro companies, companies in NG7 area or any other competitors across 12 key performance metrics.
starlite developments limited Ownership
STARLITE DEVELOPMENTS LIMITED group structure
Starlite Developments Limited has no subsidiary companies.
Ultimate parent company
STARLITE DEVELOPMENTS LIMITED
09949587
starlite developments limited directors
Starlite Developments Limited currently has 2 directors. The longest serving directors include Mr Sajaid Mahmood (Oct 2022) and Mr Sagheer Akhter (Oct 2022).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Sajaid Mahmood | England | 49 years | Oct 2022 | - | Director |
| Mr Sagheer Akhter | England | 51 years | Oct 2022 | - | Director |
P&L
March 2023turnover
49.7k
+29%
operating profit
1.2k
0%
gross margin
32.7%
+16.52%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2023net assets
-44.8k
-0.02%
total assets
912.4k
-0.01%
cash
0
0%
net assets
Total assets minus all liabilities
Similar Companies
starlite developments limited company details
company number
09949587
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
January 2016
age
8
accounts
Micro-Entity Accounts
ultimate parent company
previous names
N/A
incorporated
UK
address
64 castle boulevard, nottingham, NG7 1FN
last accounts submitted
March 2023
starlite 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 did not find charges/mortgages relating to starlite developments limited.
starlite developments limited Companies House Filings - See Documents
| date | description | view/download |
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