neil's development's ltd
neil's development's ltd Company Information
Company Number
10295970
Next Accounts
Apr 2025
Shareholders
rob neil
karen neil
View AllGroup Structure
View All
Industry
Other personal service activities n.e.c.
Registered Address
23 stubbington green, fareham, PO14 2JY
Website
www.neilsrestaurant.comneil's development's ltd Estimated Valuation
Pomanda estimates the enterprise value of NEIL'S DEVELOPMENT'S LTD at £305.9k based on a Turnover of £609k and 0.5x industry multiple (adjusted for size and gross margin).
neil's development's ltd Estimated Valuation
Pomanda estimates the enterprise value of NEIL'S DEVELOPMENT'S LTD at £0 based on an EBITDA of £-3.7k and a 3.31x industry multiple (adjusted for size and gross margin).
neil's development's ltd Estimated Valuation
Pomanda estimates the enterprise value of NEIL'S DEVELOPMENT'S LTD at £23.3k based on Net Assets of £11.9k and 1.96x industry multiple (adjusted for liquidity).
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Neil's Development's Ltd Overview
Neil's Development's Ltd is a live company located in fareham, PO14 2JY with a Companies House number of 10295970. It operates in the other service activities n.e.c. sector, SIC Code 96090. Founded in July 2016, it's largest shareholder is rob neil with a 34% stake. Neil's Development's Ltd is a young, small sized company, Pomanda has estimated its turnover at £609k with high growth in recent years.
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Neil's Development's Ltd Health Check
Pomanda's financial health check has awarded Neil'S Development'S Ltd a 2 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 7 areas for improvement. Company Health Check FAQs
2 Strong
1 Regular
7 Weak
Size
annual sales of £609k, make it smaller than the average company (£908.9k)
- Neil's Development's Ltd
£908.9k - Industry AVG
Growth
3 year (CAGR) sales growth of 23%, show it is growing at a faster rate (6%)
- Neil's Development's Ltd
6% - Industry AVG
Production
with a gross margin of 20.1%, this company has a higher cost of product (41.4%)
- Neil's Development's Ltd
41.4% - Industry AVG
Profitability
an operating margin of -0.6% make it less profitable than the average company (6.5%)
- Neil's Development's Ltd
6.5% - Industry AVG
Employees
with 3 employees, this is below the industry average (14)
3 - Neil's Development's Ltd
14 - Industry AVG
Pay Structure
on an average salary of £30.8k, the company has an equivalent pay structure (£30.8k)
- Neil's Development's Ltd
£30.8k - Industry AVG
Efficiency
resulting in sales per employee of £203k, this is more efficient (£88.3k)
- Neil's Development's Ltd
£88.3k - Industry AVG
Debtor Days
it gets paid by customers after 160 days, this is later than average (30 days)
- Neil's Development's Ltd
30 days - Industry AVG
Creditor Days
its suppliers are paid after 3 days, this is quicker than average (39 days)
- Neil's Development's Ltd
39 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Neil's Development's Ltd
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Neil's Development's Ltd
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 95.6%, this is a higher level of debt than the average (45.2%)
95.6% - Neil's Development's Ltd
45.2% - Industry AVG
NEIL'S DEVELOPMENT'S LTD financials
Neil'S Development'S Ltd's latest turnover from July 2023 is estimated at £609 thousand and the company has net assets of £11.9 thousand. According to their latest financial statements, Neil'S Development'S Ltd has 3 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jul 2023 | Jul 2022 | Jul 2021 | Jul 2020 | Jul 2019 | Jul 2018 | Jul 2017 | |
|---|---|---|---|---|---|---|---|
| Turnover | 2,174 | ||||||
| Other Income Or Grants | |||||||
| Cost Of Sales | 2,736 | ||||||
| Gross Profit | -562 | ||||||
| Admin Expenses | 3,489 | ||||||
| Operating Profit | -4,051 | ||||||
| Interest Payable | 2 | ||||||
| Interest Receivable | |||||||
| Pre-Tax Profit | -4,051 | ||||||
| Tax | |||||||
| Profit After Tax | -4,051 | ||||||
| Dividends Paid | |||||||
| Retained Profit | -4,051 | ||||||
| Employee Costs | 500 | ||||||
| Number Of Employees | 3 | 3 | 1 | 1 | 1 | 2 | 1 |
| EBITDA* | -4,051 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jul 2023 | Jul 2022 | Jul 2021 | Jul 2020 | Jul 2019 | Jul 2018 | Jul 2017 | |
|---|---|---|---|---|---|---|---|
| Tangible Assets | 15,342 | 17,533 | 3,413 | 10,750 | |||
| Intangible Assets | |||||||
| Investments & Other | 2,048 | ||||||
| Debtors (Due After 1 year) | |||||||
| Total Fixed Assets | 2,048 | 15,342 | 17,533 | 3,413 | 10,750 | ||
| Stock & work in progress | |||||||
| Trade Debtors | 268,232 | 270,992 | 210,560 | 144,337 | 64,002 | ||
| Group Debtors | |||||||
| Misc Debtors | 24,450 | 600 | |||||
| Cash | 35,578 | ||||||
| misc current assets | |||||||
| total current assets | 268,232 | 270,992 | 210,560 | 144,337 | 88,452 | 36,178 | |
| total assets | 270,280 | 270,992 | 225,902 | 161,870 | 3,413 | 99,202 | 36,178 |
| Bank overdraft | 62,631 | ||||||
| Bank loan | |||||||
| Trade Creditors | 4,176 | 1,353 | 8,330 | 3,749 | 5,272 | 4,075 | |
| Group/Directors Accounts | |||||||
| other short term finances | |||||||
| hp & lease commitments | |||||||
| other current liabilities | 626 | 2,205 | 1,000 | ||||
| total current liabilities | 4,176 | 1,353 | 8,330 | 3,749 | 5,898 | 68,911 | 1,000 |
| loans | 29,400 | 39,229 | |||||
| hp & lease commitments | |||||||
| Accruals and Deferred Income | 5,331 | 2,155 | 2,832 | ||||
| other liabilities | 254,234 | 254,118 | 222,587 | 191,348 | 40,352 | ||
| provisions | |||||||
| total long term liabilities | 254,234 | 254,118 | 227,918 | 193,503 | 43,184 | 29,400 | 39,229 |
| total liabilities | 258,410 | 255,471 | 236,248 | 197,252 | 49,082 | 98,311 | 40,229 |
| net assets | 11,870 | 15,521 | -10,346 | -35,382 | -45,669 | 891 | -4,051 |
| total shareholders funds | 11,870 | 15,521 | -10,346 | -35,382 | -45,669 | 891 | -4,051 |
| Jul 2023 | Jul 2022 | Jul 2021 | Jul 2020 | Jul 2019 | Jul 2018 | Jul 2017 | |
|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||
| Operating Profit | -4,051 | ||||||
| Depreciation | |||||||
| Amortisation | |||||||
| Tax | |||||||
| Stock | |||||||
| Debtors | -2,760 | 60,432 | 66,223 | 144,337 | -88,452 | 87,852 | 600 |
| Creditors | 2,823 | -6,977 | 4,581 | -1,523 | 1,197 | 4,075 | |
| Accruals and Deferred Income | -5,331 | 3,176 | -1,303 | 1,253 | 1,205 | 1,000 | |
| Deferred Taxes & Provisions | |||||||
| Cash flow from operations | -3,651 | ||||||
| Investing Activities | |||||||
| capital expenditure | |||||||
| Change in Investments | 2,048 | ||||||
| cash flow from investments | |||||||
| Financing Activities | |||||||
| Bank loans | |||||||
| Group/Directors Accounts | |||||||
| Other Short Term Loans | |||||||
| Long term loans | -29,400 | -9,829 | 39,229 | ||||
| Hire Purchase and Lease Commitments | |||||||
| other long term liabilities | 116 | 31,531 | 31,239 | 150,996 | 40,352 | ||
| share issue | |||||||
| interest | -2 | ||||||
| cash flow from financing | 39,227 | ||||||
| cash and cash equivalents | |||||||
| cash | -35,578 | 35,578 | |||||
| overdraft | -62,631 | 62,631 | |||||
| change in cash | 62,631 | -98,209 | 35,578 |
neil's development's ltd Credit Report and Business Information
Neil's Development's Ltd Competitor Analysis
Perform a competitor analysis for neil's development's ltd by selecting its closest rivals, whether from the OTHER SERVICE ACTIVITIES sector, other small companies, companies in PO14 area or any other competitors across 12 key performance metrics.
neil's development's ltd Ownership
NEIL'S DEVELOPMENT'S LTD group structure
Neil'S Development'S Ltd has no subsidiary companies.
Ultimate parent company
NEIL'S DEVELOPMENT'S LTD
10295970
neil's development's ltd directors
Neil'S Development'S Ltd currently has 3 directors. The longest serving directors include Mr Rob Neil (Jul 2016) and Mr Craig Spurgeon (Dec 2022).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Rob Neil | England | 61 years | Jul 2016 | - | Director |
| Mr Craig Spurgeon | England | 45 years | Dec 2022 | - | Director |
| Mrs Samantha Spurgeon | England | 37 years | Jun 2023 | - | Director |
P&L
July 2023turnover
609k
+2%
operating profit
-3.7k
0%
gross margin
20.2%
+6.29%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
July 2023net assets
11.9k
-0.24%
total assets
270.3k
0%
cash
0
0%
net assets
Total assets minus all liabilities
neil's development's ltd company details
company number
10295970
Type
Private limited with Share Capital
industry
96090 - Other personal service activities n.e.c.
incorporation date
July 2016
age
9
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
July 2023
previous names
N/A
accountant
EAST COAST ACCOUNTANTS LTD
auditor
-
address
23 stubbington green, fareham, PO14 2JY
Bank
-
Legal Advisor
-
neil's development's 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 1 charges/mortgages relating to neil's development's ltd. Currently there are 1 open charges and 0 have been satisfied in the past.
neil's development's 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 NEIL'S DEVELOPMENT'S LTD. This can take several minutes, an email will notify you when this has completed.
neil's development's ltd Companies House Filings - See Documents
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