leicester developments limited
leicester developments limited Company Information
Company Number
10468589
Next Accounts
May 2025
Shareholders
farook ahmed chaka
haroon shaikh
View AllGroup Structure
View All
Industry
Buying and selling of own real estate
Registered Address
130-132 regent road, leicester, LE1 7PG
Website
gs-developments.co.ukleicester developments limited Estimated Valuation
Pomanda estimates the enterprise value of LEICESTER DEVELOPMENTS LIMITED at £6.9m based on a Turnover of £2.2m and 3.13x industry multiple (adjusted for size and gross margin).
leicester developments limited Estimated Valuation
Pomanda estimates the enterprise value of LEICESTER DEVELOPMENTS LIMITED at £2.7m based on an EBITDA of £413.1k and a 6.63x industry multiple (adjusted for size and gross margin).
leicester developments limited Estimated Valuation
Pomanda estimates the enterprise value of LEICESTER DEVELOPMENTS LIMITED at £2.5m based on Net Assets of £1.6m and 1.6x industry multiple (adjusted for liquidity).
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Leicester Developments Limited Overview
Leicester Developments Limited is a live company located in leicester, LE1 7PG with a Companies House number of 10468589. It operates in the buying and selling of own real estate sector, SIC Code 68100. Founded in November 2016, it's largest shareholder is farook ahmed chaka with a 37.5% stake. Leicester Developments Limited is a young, small sized company, Pomanda has estimated its turnover at £2.2m with rapid growth in recent years.
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Leicester Developments Limited Health Check
Pomanda's financial health check has awarded Leicester Developments Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 5 areas for improvement. Company Health Check FAQs
3 Strong
3 Regular
5 Weak
Size
annual sales of £2.2m, make it larger than the average company (£852.3k)
- Leicester Developments Limited
£852.3k - Industry AVG
Growth
3 year (CAGR) sales growth of 8656%, show it is growing at a faster rate (2.6%)
- Leicester Developments Limited
2.6% - Industry AVG
Production
with a gross margin of 68.9%, this company has a comparable cost of product (68.9%)
- Leicester Developments Limited
68.9% - Industry AVG
Profitability
an operating margin of 18.8% make it less profitable than the average company (25.7%)
- Leicester Developments Limited
25.7% - Industry AVG
Employees
with 2 employees, this is below the industry average (4)
2 - Leicester Developments Limited
4 - Industry AVG
Pay Structure
on an average salary of £34.8k, the company has an equivalent pay structure (£34.8k)
- Leicester Developments Limited
£34.8k - Industry AVG
Efficiency
resulting in sales per employee of £1.1m, this is more efficient (£186.1k)
- Leicester Developments Limited
£186.1k - Industry AVG
Debtor Days
it gets paid by customers after 50 days, this is later than average (25 days)
- Leicester Developments Limited
25 days - Industry AVG
Creditor Days
its suppliers are paid after 1 days, this is quicker than average (32 days)
- Leicester Developments Limited
32 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Leicester Developments Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 10 weeks, this is average cash available to meet short term requirements (9 weeks)
10 weeks - Leicester Developments Limited
9 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 80.3%, this is a higher level of debt than the average (64.2%)
80.3% - Leicester Developments Limited
64.2% - Industry AVG
LEICESTER DEVELOPMENTS LIMITED financials
Leicester Developments Limited's latest turnover from August 2023 is estimated at £2.2 million and the company has net assets of £1.6 million. According to their latest financial statements, Leicester Developments Limited has 2 employees and maintains cash reserves of £129.5 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Aug 2023 | Aug 2022 | Aug 2021 | Aug 2020 | Aug 2019 | Nov 2018 | Nov 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
| Aug 2023 | Aug 2022 | Aug 2021 | Aug 2020 | Aug 2019 | Nov 2018 | Nov 2017 | |
|---|---|---|---|---|---|---|---|
| Tangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 505,626 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 7,490,000 | 7,490,000 | 7,490,000 | 7,490,000 | 4,167,035 | 2,405,626 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 7,490,000 | 7,490,000 | 7,490,000 | 7,490,000 | 4,167,035 | 2,405,626 | 505,626 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 301,320 | 0 | 0 | 0 | 0 | 0 | 11,308 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 105,845 | 145,744 | 105,292 | 109,884 | 291,297 | 0 | 0 |
| Cash | 129,505 | 429,609 | 235,249 | 578,447 | 102,120 | 38,266 | 0 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 536,670 | 575,353 | 340,541 | 688,331 | 393,417 | 38,266 | 11,308 |
| total assets | 8,026,670 | 8,065,353 | 7,830,541 | 8,178,331 | 4,560,452 | 2,443,892 | 516,934 |
| Bank overdraft | 44,940 | 44,940 | 44,940 | 44,940 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 2,700 | 0 | 1 | 1 | 0 | 0 | 600,626 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 578,814 | 716,423 | 315,771 | 212,415 | 1,166,901 | 1,540,626 | 0 |
| total current liabilities | 626,454 | 761,363 | 360,712 | 257,356 | 1,166,901 | 1,540,626 | 600,626 |
| loans | 4,295,515 | 4,340,455 | 4,385,395 | 4,430,335 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 1,208,666 | 1,083,944 | 1,433,944 | 1,541,075 | 2,625,318 | 0 | 0 |
| provisions | 318,200 | 238,707 | 195,178 | 252,003 | 92,269 | 153,340 | 0 |
| total long term liabilities | 5,822,381 | 5,663,106 | 6,014,517 | 6,223,413 | 2,717,587 | 153,340 | 0 |
| total liabilities | 6,448,835 | 6,424,469 | 6,375,229 | 6,480,769 | 3,884,488 | 1,693,966 | 600,626 |
| net assets | 1,577,835 | 1,640,884 | 1,455,312 | 1,697,562 | 675,964 | 749,926 | -83,692 |
| total shareholders funds | 1,577,835 | 1,640,884 | 1,455,312 | 1,697,562 | 675,964 | 749,926 | -83,692 |
| Aug 2023 | Aug 2022 | Aug 2021 | Aug 2020 | Aug 2019 | Nov 2018 | Nov 2017 | |
|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||
| Operating Profit | |||||||
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | |
| Tax | |||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 261,421 | 40,452 | -4,592 | -181,413 | 291,297 | -11,308 | 11,308 |
| Creditors | 2,700 | -1 | 0 | 1 | 0 | -600,626 | 600,626 |
| Accruals and Deferred Income | -137,609 | 400,652 | 103,356 | -954,486 | -373,725 | 1,540,626 | 0 |
| Deferred Taxes & Provisions | 79,493 | 43,529 | -56,825 | 159,734 | -61,071 | 153,340 | 0 |
| Cash flow from operations | |||||||
| Investing Activities | |||||||
| capital expenditure | |||||||
| Change in Investments | 0 | 0 | 0 | 3,322,965 | 1,761,409 | 2,405,626 | 0 |
| cash flow from investments | |||||||
| Financing Activities | |||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | -44,940 | -44,940 | -44,940 | 4,430,335 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 124,722 | -350,000 | -107,131 | -1,084,243 | 2,625,318 | 0 | 0 |
| share issue | |||||||
| interest | |||||||
| cash flow from financing | |||||||
| cash and cash equivalents | |||||||
| cash | -300,104 | 194,360 | -343,198 | 476,327 | 63,854 | 38,266 | 0 |
| overdraft | 0 | 0 | 0 | 44,940 | 0 | 0 | 0 |
| change in cash | -300,104 | 194,360 | -343,198 | 431,387 | 63,854 | 38,266 | 0 |
leicester developments limited Credit Report and Business Information
Leicester Developments Limited Competitor Analysis
Perform a competitor analysis for leicester developments limited by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other small companies, companies in LE1 area or any other competitors across 12 key performance metrics.
leicester developments limited Ownership
LEICESTER DEVELOPMENTS LIMITED group structure
Leicester Developments Limited has no subsidiary companies.
Ultimate parent company
LEICESTER DEVELOPMENTS LIMITED
10468589
leicester developments limited directors
Leicester Developments Limited currently has 3 directors. The longest serving directors include Mr Hoosein Dadabhoy (Nov 2016) and Mr Farook Chaka (Nov 2016).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Hoosein Dadabhoy | England | 55 years | Nov 2016 | - | Director |
| Mr Farook Chaka | United Kingdom | 58 years | Nov 2016 | - | Director |
| Mr Haroon Shaikh | United Kingdom | 51 years | Nov 2016 | - | Director |
P&L
August 2023turnover
2.2m
+495%
operating profit
413.1k
0%
gross margin
69%
+3.49%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
August 2023net assets
1.6m
-0.04%
total assets
8m
0%
cash
129.5k
-0.7%
net assets
Total assets minus all liabilities
leicester developments limited company details
company number
10468589
Type
Private limited with Share Capital
industry
68100 - Buying and selling of own real estate
incorporation date
November 2016
age
9
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
August 2023
previous names
N/A
accountant
WATERGATES LTD
auditor
-
address
130-132 regent road, leicester, LE1 7PG
Bank
-
Legal Advisor
-
leicester 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 5 charges/mortgages relating to leicester developments limited. Currently there are 3 open charges and 2 have been satisfied in the past.
leicester 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 LEICESTER DEVELOPMENTS LIMITED. This can take several minutes, an email will notify you when this has completed.
leicester developments limited Companies House Filings - See Documents
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