crofts developments ltd
crofts developments ltd Company Information
Company Number
10042591
Next Accounts
Dec 2025
Shareholders
john crofts
louise crofts
View AllGroup Structure
View All
Industry
Development of building projects
Registered Address
holme farm bassingfield lane, gamston, nottingham, nottinghamshire, NG2 6NJ
Website
croftconstructionltd.co.ukcrofts developments ltd Estimated Valuation
Pomanda estimates the enterprise value of CROFTS DEVELOPMENTS LTD at £283.7k based on a Turnover of £572k and 0.5x industry multiple (adjusted for size and gross margin).
crofts developments ltd Estimated Valuation
Pomanda estimates the enterprise value of CROFTS DEVELOPMENTS LTD at £0 based on an EBITDA of £-51.8k and a 3.81x industry multiple (adjusted for size and gross margin).
crofts developments ltd Estimated Valuation
Pomanda estimates the enterprise value of CROFTS DEVELOPMENTS LTD at £26.1k based on Net Assets of £17.5k and 1.49x industry multiple (adjusted for liquidity).
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Crofts Developments Ltd Overview
Crofts Developments Ltd is a live company located in nottingham, NG2 6NJ with a Companies House number of 10042591. It operates in the development of building projects sector, SIC Code 41100. Founded in March 2016, it's largest shareholder is john crofts with a 26% stake. Crofts Developments Ltd is a young, small sized company, Pomanda has estimated its turnover at £572k with declining growth in recent years.
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Crofts Developments Ltd Health Check
Pomanda's financial health check has awarded Crofts Developments Ltd a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 8 areas for improvement. Company Health Check FAQs
1 Strong
2 Regular
8 Weak
Size
annual sales of £572k, make it smaller than the average company (£2.3m)
- Crofts Developments Ltd
£2.3m - Industry AVG
Growth
3 year (CAGR) sales growth of -3%, show it is growing at a slower rate (6.1%)
- Crofts Developments Ltd
6.1% - Industry AVG
Production
with a gross margin of 26.3%, this company has a comparable cost of product (26.3%)
- Crofts Developments Ltd
26.3% - Industry AVG
Profitability
an operating margin of -11.8% make it less profitable than the average company (7.7%)
- Crofts Developments Ltd
7.7% - Industry AVG
Employees
with 3 employees, this is below the industry average (6)
- Crofts Developments Ltd
6 - Industry AVG
Pay Structure
on an average salary of £48.4k, the company has an equivalent pay structure (£48.4k)
- Crofts Developments Ltd
£48.4k - Industry AVG
Efficiency
resulting in sales per employee of £190.7k, this is less efficient (£281.8k)
- Crofts Developments Ltd
£281.8k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Crofts Developments Ltd
- - Industry AVG
Creditor Days
its suppliers are paid after 1 days, this is quicker than average (31 days)
- Crofts Developments Ltd
31 days - Industry AVG
Stock Days
it holds stock equivalent to 1378 days, this is more than average (203 days)
- Crofts Developments Ltd
203 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 121 weeks, this is more cash available to meet short term requirements (11 weeks)
121 weeks - Crofts Developments Ltd
11 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 99.7%, this is a higher level of debt than the average (73.7%)
99.7% - Crofts Developments Ltd
73.7% - Industry AVG
CROFTS DEVELOPMENTS LTD financials
Crofts Developments Ltd's latest turnover from March 2024 is estimated at £572 thousand and the company has net assets of £17.5 thousand. According to their latest financial statements, we estimate that Crofts Developments Ltd has 3 employees and maintains cash reserves of £148.3 thousand 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 | Mar 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 | 2 | ||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | |
|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 6,427 | 21,343 | 36,591 | 40,738 | 54,190 | |||
| Intangible Assets | ||||||||
| Investments & Other | 3,600,217 | 3,600,217 | 3,454,587 | 256,653 | ||||
| Debtors (Due After 1 year) | ||||||||
| Total Fixed Assets | 3,606,644 | 3,621,560 | 3,491,178 | 297,391 | 54,190 | |||
| Stock & work in progress | 1,592,063 | 1,638,835 | 1,492,726 | 1,488,655 | 1,441,849 | 236,958 | 90,134 | 63,084 |
| Trade Debtors | ||||||||
| Group Debtors | ||||||||
| Misc Debtors | 878 | 268,235 | 2,476 | 1,713 | 2,337 | 5,464 | 503 | 1,675 |
| Cash | 148,338 | 36,350 | 111,459 | 7,688 | 10,957 | 1,201,194 | 2,224 | 111 |
| misc current assets | ||||||||
| total current assets | 1,741,279 | 1,943,420 | 1,606,661 | 1,498,056 | 1,455,143 | 1,443,616 | 92,861 | 64,870 |
| total assets | 5,347,923 | 5,564,980 | 5,097,839 | 1,795,447 | 1,509,333 | 1,443,616 | 92,861 | 64,870 |
| Bank overdraft | ||||||||
| Bank loan | ||||||||
| Trade Creditors | 2,005 | 26,610 | 155,514 | 33,948 | 47,295 | 29,170 | 3,016 | 1,538 |
| Group/Directors Accounts | 90,658 | 63,358 | ||||||
| other short term finances | ||||||||
| hp & lease commitments | ||||||||
| other current liabilities | 61,241 | 5,457,961 | 5,026,329 | 1,807,812 | 1,477,450 | 1,416,866 | 709 | 675 |
| total current liabilities | 63,246 | 5,484,571 | 5,181,843 | 1,841,760 | 1,524,745 | 1,446,036 | 94,383 | 65,571 |
| loans | ||||||||
| hp & lease commitments | ||||||||
| Accruals and Deferred Income | ||||||||
| other liabilities | 5,267,192 | |||||||
| provisions | 56,504 | |||||||
| total long term liabilities | 5,267,192 | 56,504 | ||||||
| total liabilities | 5,330,438 | 5,484,571 | 5,181,843 | 1,898,264 | 1,524,745 | 1,446,036 | 94,383 | 65,571 |
| net assets | 17,485 | 80,409 | -84,004 | -102,817 | -15,412 | -2,420 | -1,522 | -701 |
| total shareholders funds | 17,485 | 80,409 | -84,004 | -102,817 | -15,412 | -2,420 | -1,522 | -701 |
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Operating Profit | ||||||||
| Depreciation | 16,019 | 15,468 | 15,778 | 13,452 | 12,006 | |||
| Amortisation | ||||||||
| Tax | ||||||||
| Stock | -46,772 | 146,109 | 4,071 | 46,806 | 1,204,891 | 146,824 | 27,050 | 63,084 |
| Debtors | -267,357 | 265,759 | 763 | -624 | -3,127 | 4,961 | -1,172 | 1,675 |
| Creditors | -24,605 | -128,904 | 121,566 | -13,347 | 18,125 | 26,154 | 1,478 | 1,538 |
| Accruals and Deferred Income | -5,396,720 | 431,632 | 3,218,517 | 330,362 | 60,584 | 1,416,157 | 34 | 675 |
| Deferred Taxes & Provisions | -56,504 | 56,504 | ||||||
| Cash flow from operations | ||||||||
| Investing Activities | ||||||||
| capital expenditure | ||||||||
| Change in Investments | 145,630 | 3,197,934 | 256,653 | |||||
| cash flow from investments | ||||||||
| Financing Activities | ||||||||
| Bank loans | ||||||||
| Group/Directors Accounts | -90,658 | 27,300 | 63,358 | |||||
| Other Short Term Loans | ||||||||
| Long term loans | ||||||||
| Hire Purchase and Lease Commitments | ||||||||
| other long term liabilities | 5,267,192 | |||||||
| share issue | ||||||||
| interest | ||||||||
| cash flow from financing | ||||||||
| cash and cash equivalents | ||||||||
| cash | 111,988 | -75,109 | 103,771 | -3,269 | -1,190,237 | 1,198,970 | 2,113 | 111 |
| overdraft | ||||||||
| change in cash | 111,988 | -75,109 | 103,771 | -3,269 | -1,190,237 | 1,198,970 | 2,113 | 111 |
crofts developments ltd Credit Report and Business Information
Crofts Developments Ltd Competitor Analysis
Perform a competitor analysis for crofts developments ltd by selecting its closest rivals, whether from the CONSTRUCTION sector, other small companies, companies in NG2 area or any other competitors across 12 key performance metrics.
crofts developments ltd Ownership
CROFTS DEVELOPMENTS LTD group structure
Crofts Developments Ltd has 1 subsidiary company.
Ultimate parent company
CROFTS DEVELOPMENTS LTD
10042591
1 subsidiary
crofts developments ltd directors
Crofts Developments Ltd currently has 2 directors. The longest serving directors include Mr John Crofts (Mar 2016) and Miss Louise Crofts (Mar 2016).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr John Crofts | 50 years | Mar 2016 | - | Director | |
| Miss Louise Crofts | 53 years | Mar 2016 | - | Director |
P&L
March 2024turnover
572k
-30%
operating profit
-67.8k
0%
gross margin
26.4%
+1.42%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2024net assets
17.5k
-0.78%
total assets
5.3m
-0.04%
cash
148.3k
+3.08%
net assets
Total assets minus all liabilities
crofts developments ltd company details
company number
10042591
Type
Private limited with Share Capital
industry
41100 - Development of building projects
incorporation date
March 2016
age
9
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
March 2024
previous names
N/A
accountant
BEAUMONT CHAPMAN LIMITED
auditor
-
address
holme farm bassingfield lane, gamston, nottingham, nottinghamshire, NG2 6NJ
Bank
LLOYDS TSB BANK PLC
Legal Advisor
-
crofts developments ltd 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 crofts developments ltd.
crofts developments ltd 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 CROFTS DEVELOPMENTS LTD. This can take several minutes, an email will notify you when this has completed.
crofts developments ltd Companies House Filings - See Documents
| date | description | view/download |
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