overbridge development ltd
overbridge development ltd Company Information
Company Number
10227289
Website
-Registered Address
103 high street, waltham cross, hertfordshire, EN8 7AN
Industry
Buying and selling of own real estate
Telephone
-
Next Accounts Due
March 2025
Group Structure
View All
Shareholders
bym holdings ltd 100%
overbridge development ltd Estimated Valuation
Pomanda estimates the enterprise value of OVERBRIDGE DEVELOPMENT LTD at £3.4m based on a Turnover of £1.5m and 2.31x industry multiple (adjusted for size and gross margin).
overbridge development ltd Estimated Valuation
Pomanda estimates the enterprise value of OVERBRIDGE DEVELOPMENT LTD at £0 based on an EBITDA of £-1.5m and a 5.62x industry multiple (adjusted for size and gross margin).
overbridge development ltd Estimated Valuation
Pomanda estimates the enterprise value of OVERBRIDGE DEVELOPMENT LTD at £0 based on Net Assets of £-11.7m and 1.4x industry multiple (adjusted for liquidity).
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Overbridge Development Ltd Overview
Overbridge Development Ltd is a live company located in hertfordshire, EN8 7AN with a Companies House number of 10227289. It operates in the buying and selling of own real estate sector, SIC Code 68100. Founded in June 2016, it's largest shareholder is bym holdings ltd with a 100% stake. Overbridge Development Ltd is a young, small sized company, Pomanda has estimated its turnover at £1.5m with declining growth in recent years.
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Overbridge Development Ltd Health Check
Pomanda's financial health check has awarded Overbridge Development Ltd a 3 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 3 areas for improvement. Company Health Check FAQs
4 Strong
3 Regular
3 Weak
Size
annual sales of £1.5m, make it larger than the average company (£886.5k)
- Overbridge Development Ltd
£886.5k - Industry AVG
Growth
3 year (CAGR) sales growth of -6%, show it is growing at a slower rate (2.2%)
- Overbridge Development Ltd
2.2% - Industry AVG
Production
with a gross margin of 71.2%, this company has a comparable cost of product (71.2%)
- Overbridge Development Ltd
71.2% - Industry AVG
Profitability
an operating margin of -98.9% make it less profitable than the average company (30.4%)
- Overbridge Development Ltd
30.4% - Industry AVG
Employees
with 8 employees, this is above the industry average (4)
- Overbridge Development Ltd
4 - Industry AVG
Pay Structure
on an average salary of £37.3k, the company has an equivalent pay structure (£37.3k)
- Overbridge Development Ltd
£37.3k - Industry AVG
Efficiency
resulting in sales per employee of £185.7k, this is equally as efficient (£186.2k)
- Overbridge Development Ltd
£186.2k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Overbridge Development Ltd
- - Industry AVG
Creditor Days
its suppliers are paid after 642 days, this is slower than average (31 days)
- Overbridge Development Ltd
31 days - Industry AVG
Stock Days
it holds stock equivalent to 193 days, this is less than average (380 days)
- Overbridge Development Ltd
380 days - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Overbridge Development Ltd
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 242.4%, this is a higher level of debt than the average (60.6%)
242.4% - Overbridge Development Ltd
60.6% - Industry AVG
overbridge development ltd Credit Report and Business Information
Overbridge Development Ltd Competitor Analysis
Perform a competitor analysis for overbridge development ltd by selecting its closest rivals and benchmarking them against 12 key performance metrics.
overbridge development ltd Ownership
OVERBRIDGE DEVELOPMENT LTD group structure
Overbridge Development Ltd has 1 subsidiary company.
Ultimate parent company
1 parent
OVERBRIDGE DEVELOPMENT LTD
10227289
1 subsidiary
overbridge development ltd directors
Overbridge Development Ltd currently has 5 directors. The longest serving directors include Mr Matan Amitai (Jun 2016) and Mr Ben Ditkovsky (Jun 2016).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Matan Amitai | United Kingdom | 44 years | Jun 2016 | - | Director |
| Mr Ben Ditkovsky | United Kingdom | 40 years | Jun 2016 | - | Director |
| Mr Joseph Dunner | United Kingdom | 40 years | Jun 2016 | - | Director |
| Mr Matan Amitai | United Kingdom | 44 years | Jun 2016 | - | Director |
| Mr Joseph Dunner | United Kingdom | 40 years | Jun 2016 | - | Director |
OVERBRIDGE DEVELOPMENT LTD financials
Overbridge Development Ltd's latest turnover from June 2023 is estimated at £1.5 million and the company has net assets of -£11.7 million. According to their latest financial statements, we estimate that Overbridge Development Ltd has 8 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Jun 2018 | Jun 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 | 3 | 3 | 3 | ||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Jun 2018 | Jun 2017 | |
|---|---|---|---|---|---|---|---|
| Tangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Stock & work in progress | 226,685 | 226,735 | 6,944,177 | 19,631,173 | 19,971,377 | 16,415,315 | 10,408,853 |
| Trade Debtors | 0 | 0 | 356 | 0 | 0 | 216,607 | 131,224 |
| Group Debtors | 7,263,652 | 7,263,652 | 7,263,652 | 2,133,809 | 0 | 0 | 0 |
| Misc Debtors | 729,739 | 496,589 | 58,597 | 165,246 | 416,460 | 720,098 | 131,708 |
| Cash | 0 | 264,395 | 33,018 | 19,571 | 154 | 2,038,434 | 243,576 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 8,220,076 | 8,251,371 | 14,299,800 | 21,949,799 | 20,387,991 | 19,390,454 | 10,915,361 |
| total assets | 8,220,076 | 8,251,371 | 14,299,800 | 21,949,799 | 20,387,991 | 19,390,454 | 10,915,361 |
| Bank overdraft | 1,283 | 5,444 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 10,648 | 0 | 0 | 0 | 0 |
| Trade Creditors | 754,529 | 597,887 | 1,029,498 | 687,701 | 341,826 | 541,356 | 404,473 |
| Group/Directors Accounts | 3,747,190 | 3,747,190 | 109,063 | 256,560 | 277,497 | 473,318 | 0 |
| other short term finances | 0 | 0 | 4,153,818 | 10,369,771 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 15,383,028 | 14,099,970 | 692,750 | 1,398,526 | 7,609,118 | 7,421,424 | 817,521 |
| total current liabilities | 19,886,030 | 18,450,491 | 5,995,777 | 12,712,558 | 8,228,441 | 8,436,098 | 1,221,994 |
| loans | 41,545 | 41,545 | 3,789,784 | 3,800,432 | 2,675,186 | 2,227,091 | 1,049,900 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 12,994,517 | 12,013,498 | 11,055,182 | 8,997,329 | 8,827,122 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 41,545 | 41,545 | 16,784,301 | 15,813,930 | 13,730,368 | 11,224,420 | 9,877,022 |
| total liabilities | 19,927,575 | 18,492,036 | 22,780,078 | 28,526,488 | 21,958,809 | 19,660,518 | 11,099,016 |
| net assets | -11,707,499 | -10,240,665 | -8,480,278 | -6,576,689 | -1,570,818 | -270,064 | -183,655 |
| total shareholders funds | -11,707,499 | -10,240,665 | -8,480,278 | -6,576,689 | -1,570,818 | -270,064 | -183,655 |
| Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Jun 2018 | Jun 2017 | |
|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||
| Operating Profit | |||||||
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | |||||||
| Stock | -50 | -6,717,442 | -12,686,996 | -340,204 | 3,556,062 | 6,006,462 | 10,408,853 |
| Debtors | 233,150 | 437,636 | 5,023,550 | 1,882,595 | -520,245 | 673,773 | 262,932 |
| Creditors | 156,642 | -431,611 | 341,797 | 345,875 | -199,530 | 136,883 | 404,473 |
| Accruals and Deferred Income | 1,283,058 | 13,407,220 | -705,776 | -6,210,592 | 187,694 | 6,603,903 | 817,521 |
| 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 | -10,648 | 10,648 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 3,638,127 | -147,497 | -20,937 | -195,821 | 473,318 | 0 |
| Other Short Term Loans | 0 | -4,153,818 | -6,215,953 | 10,369,771 | 0 | 0 | 0 |
| Long term loans | 0 | -3,748,239 | -10,648 | 1,125,246 | 448,095 | 1,177,191 | 1,049,900 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | -12,994,517 | 981,019 | 958,316 | 2,057,853 | 170,207 | 8,827,122 |
| share issue | |||||||
| interest | |||||||
| cash flow from financing | |||||||
| cash and cash equivalents | |||||||
| cash | -264,395 | 231,377 | 13,447 | 19,417 | -2,038,280 | 1,794,858 | 243,576 |
| overdraft | -4,161 | 5,444 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -260,234 | 225,933 | 13,447 | 19,417 | -2,038,280 | 1,794,858 | 243,576 |
P&L
June 2023turnover
1.5m
+25%
operating profit
-1.5m
0%
gross margin
71.2%
+2.07%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
June 2023net assets
-11.7m
+0.14%
total assets
8.2m
0%
cash
0
-1%
net assets
Total assets minus all liabilities
Similar Companies
overbridge development ltd company details
company number
10227289
Type
Private limited with Share Capital
industry
68100 - Buying and selling of own real estate
incorporation date
June 2016
age
8
accounts
Total Exemption Full
ultimate parent company
previous names
N/A
incorporated
UK
address
103 high street, waltham cross, hertfordshire, EN8 7AN
last accounts submitted
June 2023
overbridge development 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 found 5 charges/mortgages relating to overbridge development ltd. Currently there are 2 open charges and 3 have been satisfied in the past.
overbridge development ltd Companies House Filings - See Documents
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