hertsmere developments limited
hertsmere developments limited Company Information
Company Number
10014303
Next Accounts
Dec 2025
Shareholders
hertsmere borough council
Group Structure
View All
Industry
Development of building projects
Registered Address
civic offices elstree way, borehamwood, hertfordshire, WD6 1WA
Website
hertsmere.gov.ukhertsmere developments limited Estimated Valuation
Pomanda estimates the enterprise value of HERTSMERE DEVELOPMENTS LIMITED at £1.4m based on a Turnover of £2.8m and 0.5x industry multiple (adjusted for size and gross margin).
hertsmere developments limited Estimated Valuation
Pomanda estimates the enterprise value of HERTSMERE DEVELOPMENTS LIMITED at £4.7m based on an EBITDA of £1.2m and a 3.99x industry multiple (adjusted for size and gross margin).
hertsmere developments limited Estimated Valuation
Pomanda estimates the enterprise value of HERTSMERE DEVELOPMENTS LIMITED at £762.4k based on Net Assets of £539.6k and 1.41x industry multiple (adjusted for liquidity).
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Hertsmere Developments Limited Overview
Hertsmere Developments Limited is a live company located in hertfordshire, WD6 1WA with a Companies House number of 10014303. It operates in the development of building projects sector, SIC Code 41100. Founded in February 2016, it's largest shareholder is hertsmere borough council with a 100% stake. Hertsmere Developments Limited is a young, small sized company, Pomanda has estimated its turnover at £2.8m with high growth in recent years.
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Hertsmere Developments Limited Health Check
Pomanda's financial health check has awarded Hertsmere Developments Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 7 measures and has 2 areas for improvement. Company Health Check FAQs
7 Strong
2 Regular
2 Weak
Size
annual sales of £2.8m, make it larger than the average company (£2.3m)
- Hertsmere Developments Limited
£2.3m - Industry AVG
Growth
3 year (CAGR) sales growth of 17%, show it is growing at a faster rate (6%)
- Hertsmere Developments Limited
6% - Industry AVG
Production
with a gross margin of 26.2%, this company has a comparable cost of product (26.2%)
- Hertsmere Developments Limited
26.2% - Industry AVG
Profitability
an operating margin of 42.5% make it more profitable than the average company (7.5%)
- Hertsmere Developments Limited
7.5% - Industry AVG
Employees
with 7 employees, this is similar to the industry average (6)
7 - Hertsmere Developments Limited
6 - Industry AVG
Pay Structure
on an average salary of £26k, the company has a lower pay structure (£48.3k)
£26k - Hertsmere Developments Limited
£48.3k - Industry AVG
Efficiency
resulting in sales per employee of £398.3k, this is more efficient (£278.4k)
- Hertsmere Developments Limited
£278.4k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Hertsmere Developments Limited
- - Industry AVG
Creditor Days
its suppliers are paid after 70 days, this is slower than average (31 days)
- Hertsmere Developments Limited
31 days - Industry AVG
Stock Days
it holds stock equivalent to 355 days, this is more than average (198 days)
- Hertsmere Developments Limited
198 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 34 weeks, this is more cash available to meet short term requirements (11 weeks)
34 weeks - Hertsmere Developments Limited
11 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 85.9%, this is a higher level of debt than the average (73.6%)
85.9% - Hertsmere Developments Limited
73.6% - Industry AVG
HERTSMERE DEVELOPMENTS LIMITED financials
Hertsmere Developments Limited's latest turnover from March 2024 is estimated at £2.8 million and the company has net assets of £539.6 thousand. According to their latest financial statements, Hertsmere Developments Limited has 7 employees and maintains cash reserves of £1.3 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Feb 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 | 181,988 | 161,111 | ||||||
| Number Of Employees | 7 | 8 | 8 | 7 | 7 | 7 | 8 | 6 |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Feb 2017 | |
|---|---|---|---|---|---|---|---|---|
| Tangible Assets | ||||||||
| Intangible Assets | ||||||||
| Investments & Other | ||||||||
| Debtors (Due After 1 year) | 100 | |||||||
| Total Fixed Assets | 100 | |||||||
| Stock & work in progress | 2,000,603 | 1,961,784 | ||||||
| Trade Debtors | ||||||||
| Group Debtors | ||||||||
| Misc Debtors | 510,294 | 107,100 | 29,396 | 13,360 | ||||
| Cash | 1,311,519 | 1,332,351 | ||||||
| misc current assets | ||||||||
| total current assets | 3,822,416 | 3,401,235 | 29,396 | 13,360 | ||||
| total assets | 3,822,416 | 3,401,235 | 29,396 | 13,360 | 100 | |||
| Bank overdraft | ||||||||
| Bank loan | ||||||||
| Trade Creditors | 394,546 | 25,085 | ||||||
| Group/Directors Accounts | 1,373,842 | 1,446,252 | 505,100 | 262,721 | 196,593 | |||
| other short term finances | ||||||||
| hp & lease commitments | ||||||||
| other current liabilities | 226,105 | 303,691 | 2,980 | 4,320 | ||||
| total current liabilities | 1,994,493 | 1,775,028 | 508,080 | 267,041 | 196,593 | |||
| loans | 1,288,354 | 1,864,710 | 209,332 | 163,709 | ||||
| hp & lease commitments | ||||||||
| Accruals and Deferred Income | ||||||||
| other liabilities | 30,082 | |||||||
| provisions | ||||||||
| total long term liabilities | 1,288,354 | 1,894,792 | 209,332 | 163,709 | ||||
| total liabilities | 3,282,847 | 3,669,820 | 508,080 | 267,041 | 209,332 | 196,593 | 163,709 | |
| net assets | 539,569 | -268,585 | -478,684 | -267,041 | -209,332 | -196,593 | -150,349 | 100 |
| total shareholders funds | 539,569 | -268,585 | -478,684 | -267,041 | -209,332 | -196,593 | -150,349 | 100 |
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Feb 2017 | |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Operating Profit | ||||||||
| Depreciation | ||||||||
| Amortisation | ||||||||
| Tax | ||||||||
| Stock | 38,819 | 1,961,784 | ||||||
| Debtors | 403,194 | 77,704 | 29,396 | -13,360 | 13,260 | 100 | ||
| Creditors | 369,461 | 25,085 | ||||||
| Accruals and Deferred Income | -77,586 | 300,711 | -1,340 | 4,320 | ||||
| Deferred Taxes & Provisions | ||||||||
| Cash flow from operations | ||||||||
| Investing Activities | ||||||||
| capital expenditure | ||||||||
| Change in Investments | ||||||||
| cash flow from investments | ||||||||
| Financing Activities | ||||||||
| Bank loans | ||||||||
| Group/Directors Accounts | -72,410 | 941,152 | 242,379 | 262,721 | -196,593 | 196,593 | ||
| Other Short Term Loans | ||||||||
| Long term loans | -576,356 | 1,864,710 | -209,332 | 209,332 | -163,709 | 163,709 | ||
| Hire Purchase and Lease Commitments | ||||||||
| other long term liabilities | -30,082 | 30,082 | ||||||
| share issue | ||||||||
| interest | ||||||||
| cash flow from financing | ||||||||
| cash and cash equivalents | ||||||||
| cash | -20,832 | 1,332,351 | ||||||
| overdraft | ||||||||
| change in cash | -20,832 | 1,332,351 |
hertsmere developments limited Credit Report and Business Information
Hertsmere Developments Limited Competitor Analysis
Perform a competitor analysis for hertsmere developments limited by selecting its closest rivals, whether from the CONSTRUCTION sector, other small companies, companies in WD6 area or any other competitors across 12 key performance metrics.
hertsmere developments limited Ownership
HERTSMERE DEVELOPMENTS LIMITED group structure
Hertsmere Developments Limited has no subsidiary companies.
Ultimate parent company
HERTSMERE BOROUGH COUNCIL
#0026593
1 parent
HERTSMERE DEVELOPMENTS LIMITED
10014303
hertsmere developments limited directors
Hertsmere Developments Limited currently has 6 directors. The longest serving directors include Mr Paul Hodgson-Jones (Aug 2016) and Ms Hilary Shade (May 2017).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Paul Hodgson-Jones | United Kingdom | 65 years | Aug 2016 | - | Director |
| Ms Hilary Shade | United Kingdom | 60 years | May 2017 | - | Director |
| Mr Matthew Bunyon | England | 56 years | May 2017 | - | Director |
| Mr Peter Geraghty | United Kingdom | 60 years | Oct 2020 | - | Director |
| Mr Prabhakar Kaza | United Kingdom | 73 years | May 2024 | - | Director |
| Mr Christopher Shenton | United Kingdom | 66 years | May 2024 | - | Director |
P&L
March 2024turnover
2.8m
+106%
operating profit
1.2m
0%
gross margin
26.3%
+1.27%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2024net assets
539.6k
-3.01%
total assets
3.8m
+0.12%
cash
1.3m
-0.02%
net assets
Total assets minus all liabilities
hertsmere developments limited company details
company number
10014303
Type
Private limited with Share Capital
industry
41100 - Development of building projects
incorporation date
February 2016
age
9
incorporated
UK
ultimate parent company
accounts
Small Company
last accounts submitted
March 2024
previous names
N/A
accountant
-
auditor
BKL AUDIT LLP
address
civic offices elstree way, borehamwood, hertfordshire, WD6 1WA
Bank
-
Legal Advisor
-
hertsmere 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 found 3 charges/mortgages relating to hertsmere developments limited. Currently there are 3 open charges and 0 have been satisfied in the past.
hertsmere developments 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.
Click to start generating capital raising & share issue transactions for HERTSMERE DEVELOPMENTS LIMITED. This can take several minutes, an email will notify you when this has completed.
hertsmere developments limited Companies House Filings - See Documents
| date | description | view/download |
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