volante developments limited
volante developments limited Company Information
Company Number
10311298
Next Accounts
May 2025
Shareholders
lionel virdee
david grant
Group Structure
View All
Industry
Buying and selling of own real estate
+1Registered Address
3 medcroft avenue, birmingham, B20 1NB
Website
-volante developments limited Estimated Valuation
Pomanda estimates the enterprise value of VOLANTE DEVELOPMENTS LIMITED at £859k based on a Turnover of £275.1k and 3.12x industry multiple (adjusted for size and gross margin).
volante developments limited Estimated Valuation
Pomanda estimates the enterprise value of VOLANTE DEVELOPMENTS LIMITED at £2.3m based on an EBITDA of £356k and a 6.43x industry multiple (adjusted for size and gross margin).
volante developments limited Estimated Valuation
Pomanda estimates the enterprise value of VOLANTE DEVELOPMENTS LIMITED at £1.8m based on Net Assets of £1.1m and 1.68x industry multiple (adjusted for liquidity).
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Volante Developments Limited Overview
Volante Developments Limited is a live company located in birmingham, B20 1NB with a Companies House number of 10311298. It operates in the buying and selling of own real estate sector, SIC Code 68100. Founded in August 2016, it's largest shareholder is lionel virdee with a 50% stake. Volante Developments Limited is a young, micro sized company, Pomanda has estimated its turnover at £275.1k with declining growth in recent years.
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Volante Developments Limited Health Check
Pomanda's financial health check has awarded Volante Developments Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 5 areas for improvement. Company Health Check FAQs
2 Strong
3 Regular
5 Weak
Size
annual sales of £275.1k, make it smaller than the average company (£840.5k)
- Volante Developments Limited
£840.5k - Industry AVG
Growth
3 year (CAGR) sales growth of -9%, show it is growing at a slower rate (2.6%)
- Volante Developments Limited
2.6% - Industry AVG
Production
with a gross margin of 70.8%, this company has a comparable cost of product (70.8%)
- Volante Developments Limited
70.8% - Industry AVG
Profitability
an operating margin of 120.6% make it more profitable than the average company (26.1%)
- Volante Developments Limited
26.1% - Industry AVG
Employees
with 3 employees, this is below the industry average (4)
3 - Volante Developments Limited
4 - Industry AVG
Pay Structure
on an average salary of £33k, the company has an equivalent pay structure (£33k)
- Volante Developments Limited
£33k - Industry AVG
Efficiency
resulting in sales per employee of £91.7k, this is less efficient (£182.5k)
- Volante Developments Limited
£182.5k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Volante Developments Limited
- - Industry AVG
Creditor Days
its suppliers are paid after 0 days, this is quicker than average (34 days)
- Volante Developments Limited
34 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Volante Developments Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 14 weeks, this is more cash available to meet short term requirements (11 weeks)
14 weeks - Volante Developments Limited
11 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 65.2%, this is a similar level of debt than the average (66%)
65.2% - Volante Developments Limited
66% - Industry AVG
VOLANTE DEVELOPMENTS LIMITED financials
Volante Developments Limited's latest turnover from August 2023 is estimated at £275.1 thousand and the company has net assets of £1.1 million. According to their latest financial statements, Volante Developments Limited has 3 employees and maintains cash reserves of £19.4 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Aug 2023 | Aug 2022 | Aug 2021 | Aug 2020 | Aug 2019 | Aug 2018 | Aug 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 | 2 | 2 | 2 | 2 | 1 | |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Aug 2023 | Aug 2022 | Aug 2021 | Aug 2020 | Aug 2019 | Aug 2018 | Aug 2017 | |
|---|---|---|---|---|---|---|---|
| Tangible Assets | 2,935,658 | 3,226,569 | 2,637,930 | 2,593,407 | 2,591,897 | 1,154,408 | 327,620 |
| 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 | 2,935,658 | 3,226,569 | 2,637,930 | 2,593,407 | 2,591,897 | 1,154,408 | 327,620 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 165,000 | 0 | 0 | 15 | 0 | 0 | 0 |
| Cash | 19,433 | 17,962 | 17,337 | 66,238 | 7,594 | 16,990 | 28,702 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 184,433 | 17,962 | 17,337 | 66,253 | 7,594 | 16,990 | 28,702 |
| total assets | 3,120,091 | 3,244,531 | 2,655,267 | 2,659,660 | 2,599,491 | 1,171,398 | 356,322 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 2 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 58,397 | 284,035 | 348,166 | 487,235 | 380,377 | 455,550 | 259,895 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 11,654 | 11,654 | 13,071 | 0 | 0 | 0 | 0 |
| other current liabilities | 1,164 | 957 | 2,067 | 750 | 1,540 | 500 | 500 |
| total current liabilities | 71,217 | 296,646 | 363,304 | 487,985 | 381,917 | 456,050 | 260,395 |
| loans | 1,903,840 | 1,865,582 | 2,000,193 | 1,791,088 | 1,668,039 | 830,545 | 147,800 |
| hp & lease commitments | 59,786 | 87,603 | 30,500 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 1,963,626 | 1,953,185 | 2,030,693 | 1,791,088 | 1,668,039 | 830,545 | 147,800 |
| total liabilities | 2,034,843 | 2,249,831 | 2,393,997 | 2,279,073 | 2,049,956 | 1,286,595 | 408,195 |
| net assets | 1,085,248 | 994,700 | 261,270 | 380,587 | 549,535 | -115,197 | -51,873 |
| total shareholders funds | 1,085,248 | 994,700 | 261,270 | 380,587 | 549,535 | -115,197 | -51,873 |
| Aug 2023 | Aug 2022 | Aug 2021 | Aug 2020 | Aug 2019 | Aug 2018 | Aug 2017 | |
|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||
| Operating Profit | |||||||
| Depreciation | 24,261 | 32,356 | 476 | 636 | 132 | 176 | 40 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | |||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 165,000 | 0 | -15 | 15 | 0 | 0 | 0 |
| Creditors | 2 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 207 | -1,110 | 1,317 | -790 | 1,040 | 0 | 500 |
| 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 | -225,638 | -64,131 | -139,069 | 106,858 | -75,173 | 195,655 | 259,895 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 38,258 | -134,611 | 209,105 | 123,049 | 837,494 | 682,745 | 147,800 |
| Hire Purchase and Lease Commitments | -27,817 | 55,686 | 43,571 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||||
| interest | |||||||
| cash flow from financing | |||||||
| cash and cash equivalents | |||||||
| cash | 1,471 | 625 | -48,901 | 58,644 | -9,396 | -11,712 | 28,702 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 1,471 | 625 | -48,901 | 58,644 | -9,396 | -11,712 | 28,702 |
volante developments limited Credit Report and Business Information
Volante Developments Limited Competitor Analysis
Perform a competitor analysis for volante developments limited by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other micro companies, companies in B20 area or any other competitors across 12 key performance metrics.
volante developments limited Ownership
VOLANTE DEVELOPMENTS LIMITED group structure
Volante Developments Limited has no subsidiary companies.
Ultimate parent company
VOLANTE DEVELOPMENTS LIMITED
10311298
volante developments limited directors
Volante Developments Limited currently has 2 directors. The longest serving directors include Mr Lionel Virdee (Aug 2016) and Mr David Grant (Aug 2016).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Lionel Virdee | England | 35 years | Aug 2016 | - | Director |
| Mr David Grant | England | 35 years | Aug 2016 | - | Director |
P&L
August 2023turnover
275.1k
-20%
operating profit
331.8k
0%
gross margin
70.9%
+1.95%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
August 2023net assets
1.1m
+0.09%
total assets
3.1m
-0.04%
cash
19.4k
+0.08%
net assets
Total assets minus all liabilities
Similar Companies
volante developments limited company details
company number
10311298
Type
Private limited with Share Capital
industry
68100 - Buying and selling of own real estate
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
August 2016
age
9
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
August 2023
previous names
N/A
accountant
MLK ACCOUNTANTS LTD
auditor
-
address
3 medcroft avenue, birmingham, B20 1NB
Bank
-
Legal Advisor
-
volante 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 43 charges/mortgages relating to volante developments limited. Currently there are 29 open charges and 14 have been satisfied in the past.
volante 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 VOLANTE DEVELOPMENTS LIMITED. This can take several minutes, an email will notify you when this has completed.
volante developments limited Companies House Filings - See Documents
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