Pomanda estimates the enterprise value of KERSFIELD DEVELOPMENTS (RHS) LIMITED at £235.8k based on a Turnover of £705.8k and 0.33x industry multiple (adjusted for size and gross margin).
Pomanda estimates the enterprise value of KERSFIELD DEVELOPMENTS (RHS) LIMITED at £0 based on an EBITDA of £-2.2m and a 2.55x industry multiple (adjusted for size and gross margin).
Pomanda estimates the enterprise value of KERSFIELD DEVELOPMENTS (RHS) LIMITED at £0 based on Net Assets of £-282.5k and 1.39x industry multiple (adjusted for liquidity).
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Kersfield Developments (rhs) LimitedOverview
Kersfield Developments (rhs) Limited is a live company located in norfolk, NR2 1AD with a Companies House number of 10520051. It operates in the development of building projects sector, SIC Code 41100. Founded in December 2016, it's largest shareholder is
juniper homes (rhs) ltd
with a 100% stake. Kersfield Developments (rhs) Limited is a young,
small sized company, Pomanda has estimated its turnover at
£705.8k with
declining
growth in recent years.
Pomanda's financial health check has awarded Kersfield Developments (Rhs) Limited a 4 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 6 areas for improvement. Company Health Check FAQs
Health Rating4out of 5
5 Strong
1 Regular
6 Weak
Size
annual sales of £705.8k, make it smaller than the average company (£2m)
£705.8k - Kersfield Developments (rhs) Limited
£2m - Industry AVG
Growth
3 year (CAGR) sales growth of -64%, show it is growing at a slower rate (2.1%)
-64% - Kersfield Developments (rhs) Limited
2.1% - Industry AVG
Production
with a gross margin of 9.9%, this company has a higher cost of product (25.8%)
9.9% - Kersfield Developments (rhs) Limited
25.8% - Industry AVG
Profitability
an operating margin of -304.9% make it less profitable than the average company (8.6%)
-304.9% - Kersfield Developments (rhs) Limited
8.6% - Industry AVG
Employees
with 2 employees, this is below the industry average (6)
2 - Kersfield Developments (rhs) Limited
6 - Industry AVG
Pay Structure
on an average salary of £45.2k, the company has an equivalent pay structure (£45.2k)
£45.2k - Kersfield Developments (rhs) Limited
£45.2k - Industry AVG
Efficiency
resulting in sales per employee of £352.9k, this is more efficient (£260.3k)
£352.9k - Kersfield Developments (rhs) Limited
£260.3k - Industry AVG
Debtor Days
it gets paid by customers after 1 days, this is earlier than average (30 days)
1 days - Kersfield Developments (rhs) Limited
30 days - Industry AVG
Creditor Days
its suppliers are paid after 293 days, this is slower than average (31 days)
293 days - Kersfield Developments (rhs) Limited
31 days - Industry AVG
Stock Days
it holds stock equivalent to 0 days, this is less than average (161 days)
0 days - Kersfield Developments (rhs) Limited
161 days - Industry AVG
Cash Balance
has cash to cover current liabilities
for 25 weeks, this is more cash available to meet short term requirements (14 weeks)
25 weeks - Kersfield Developments (rhs) Limited
14 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 211.1%, this is a higher level of debt than the average (73.8%)
211.1% - Kersfield Developments (rhs) Limited
73.8% - Industry AVG
KERSFIELD DEVELOPMENTS (RHS) LIMITED financials
EXPORT
Kersfield Developments (Rhs) Limited's latest turnover from January 2023 is estimated at £705.8 thousand and the company has net assets of -£282.5 thousand. According to their latest financial statements, Kersfield Developments (Rhs) Limited has 2 employees and maintains cash reserves of £251.1 thousand as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Jan 2023
Jan 2022
Jan 2021
Jan 2020
Jan 2019
Jan 2018
Turnover
705,833
21,498,220
24,449,658
14,981,149
751,646
1,004,448
Other Income Or Grants
Cost Of Sales
635,946
19,558,244
22,090,289
13,415,150
670,759
893,211
Gross Profit
69,886
1,939,976
2,359,369
1,565,999
80,887
111,237
Admin Expenses
2,222,158
2,633,752
2,357,385
-1,451,153
98,035
130,330
Operating Profit
-2,152,272
-693,776
1,984
3,017,152
-17,148
-19,093
Interest Payable
132
129
Interest Receivable
4,425
5
1
24
40
10
Pre-Tax Profit
-2,147,847
-693,903
1,857
3,017,177
-17,108
-19,083
Tax
-353
-573,264
Profit After Tax
-2,147,847
-693,903
1,504
2,443,913
-17,108
-19,083
Dividends Paid
Retained Profit
-2,147,847
-693,903
1,504
2,443,913
-17,108
-19,083
Employee Costs
90,315
87,927
86,424
85,725
42,306
83,644
Number Of Employees
2
2
2
2
1
2
EBITDA*
-2,152,272
-693,776
1,984
3,017,152
-17,148
-19,093
* Earnings Before Interest, Tax, Depreciation and Amortisation
Jan 2023
Jan 2022
Jan 2021
Jan 2020
Jan 2019
Jan 2018
Tangible Assets
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
Stock & work in progress
1
16,837,692
21,285,114
13,170,696
10,219,027
8,897,803
Trade Debtors
3,222
505,538
245,553
211,275
Group Debtors
Misc Debtors
109,012
97,853
Cash
251,090
1,763
2,353
6,522
4,112
misc current assets
total current assets
254,313
17,344,993
21,533,020
13,381,971
10,334,561
8,999,768
total assets
254,313
17,344,993
21,533,020
13,381,971
10,334,561
8,999,768
Bank overdraft
Bank loan
Trade Creditors
511,783
15,444,579
18,928,911
10,824,249
107,750
220,113
Group/Directors Accounts
3,570,050
3,428,791
other short term finances
hp & lease commitments
other current liabilities
6,542,952
5,219,947
total current liabilities
511,783
15,444,579
18,928,911
10,824,249
10,220,752
8,868,851
loans
4,222
hp & lease commitments
Accruals and Deferred Income
other liabilities
25,054
35,091
40,661
provisions
total long term liabilities
25,054
35,091
44,883
total liabilities
536,837
15,479,670
18,973,794
10,824,249
10,220,752
8,868,851
net assets
-282,524
1,865,323
2,559,226
2,557,722
113,809
130,917
total shareholders funds
-282,524
1,865,323
2,559,226
2,557,722
113,809
130,917
Jan 2023
Jan 2022
Jan 2021
Jan 2020
Jan 2019
Jan 2018
Operating Activities
Operating Profit
-2,152,272
-693,776
1,984
3,017,152
-17,148
-19,093
Depreciation
Amortisation
Tax
-353
-573,264
Stock
-16,837,691
-4,447,422
8,114,418
2,951,669
1,321,224
8,897,803
Debtors
-502,316
259,985
34,278
102,263
11,159
97,853
Creditors
-14,932,796
-3,484,332
8,104,662
10,716,499
-112,363
220,113
Accruals and Deferred Income
-6,542,952
1,323,005
5,219,947
Deferred Taxes & Provisions
Cash flow from operations
254,939
9,329
-42,403
3,563,503
-138,889
-3,574,689
Investing Activities
capital expenditure
Change in Investments
cash flow from investments
Financing Activities
Bank loans
Group/Directors Accounts
-3,570,050
141,259
3,428,791
Other Short Term Loans
Long term loans
-4,222
4,222
Hire Purchase and Lease Commitments
other long term liabilities
-10,037
-5,570
40,661
share issue
150,000
interest
4,425
-127
-128
24
40
10
cash flow from financing
-5,612
-9,919
44,755
-3,570,026
141,299
3,578,801
cash and cash equivalents
cash
249,327
-590
2,353
-6,522
2,410
4,112
overdraft
change in cash
249,327
-590
2,353
-6,522
2,410
4,112
kersfield developments (rhs) limited Credit Report and Business Information
Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
Get a comprehensive credit check for kersfield developments (rhs) limited. Get real-time insights into kersfield developments (rhs) limited's credit score, group structure and payment trends.
Perform a competitor analysis for kersfield developments (rhs) limited by selecting its closest rivals, whether from the CONSTRUCTION sector, other small companies, companies in NR2 area or any other competitors across 12 key performance metrics.
kersfield developments (rhs) limited Ownership
KERSFIELD DEVELOPMENTS (RHS) LIMITED group structure
Kersfield Developments (Rhs) Limited has no subsidiary companies.
Ultimate parent company
KERSFIELD DEVELOPMENTS (RHS) LIMITED
10520051
KERSFIELD DEVELOPMENTS (RHS) LIMITED Shareholders
The sole shareholder of Kersfield Developments (Rhs) Limited is Juniper Homes (Rhs) Ltd.
juniper homes (rhs) ltd
100%
kersfield developments (rhs) limited directors
Kersfield Developments (Rhs) Limited currently has 2 directors.
The longest serving directors include
Mr Jonathan Morgan (Oct 2019) and
Mr Terry Whittingham (Oct 2019).
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 6 charges/mortgages relating to kersfield developments (rhs) limited. Currently there are 0 open charges and 6 have been satisfied in the past.
kersfield developments (rhs) 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.
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kersfield developments (rhs) limitedCompanies House Filings - See Documents
