equinox developments ltd
equinox developments ltd Company Information
Company Number
10520281
Next Accounts
Apr 2025
Shareholders
latep alpha limited
Group Structure
View All
Industry
Management of real estate on a fee or contract basis
Registered Address
a melcombe regis court, 59 weymouth street, london, W1G 8NS
Website
equinox-development.comequinox developments ltd Estimated Valuation
Pomanda estimates the enterprise value of EQUINOX DEVELOPMENTS LTD at £429.6k based on a Turnover of £170.7k and 2.52x industry multiple (adjusted for size and gross margin).
equinox developments ltd Estimated Valuation
Pomanda estimates the enterprise value of EQUINOX DEVELOPMENTS LTD at £58.3m based on an EBITDA of £8.8m and a 6.63x industry multiple (adjusted for size and gross margin).
equinox developments ltd Estimated Valuation
Pomanda estimates the enterprise value of EQUINOX DEVELOPMENTS LTD at £4.4m based on Net Assets of £2.4m and 1.82x industry multiple (adjusted for liquidity).
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Equinox Developments Ltd Overview
Equinox Developments Ltd is a live company located in london, W1G 8NS with a Companies House number of 10520281. It operates in the management of real estate on a fee or contract basis sector, SIC Code 68320. Founded in December 2016, it's largest shareholder is latep alpha limited with a 100% stake. Equinox Developments Ltd is a young, micro sized company, Pomanda has estimated its turnover at £170.7k with high growth in recent years.
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Equinox Developments Ltd Health Check
Pomanda's financial health check has awarded Equinox Developments Ltd a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 4 areas for improvement. Company Health Check FAQs
3 Strong
3 Regular
4 Weak
Size
annual sales of £170.7k, make it smaller than the average company (£319.2k)
- Equinox Developments Ltd
£319.2k - Industry AVG
Growth
3 year (CAGR) sales growth of 16%, show it is growing at a faster rate (3.4%)
- Equinox Developments Ltd
3.4% - Industry AVG
Production
with a gross margin of 71.1%, this company has a comparable cost of product (71.1%)
- Equinox Developments Ltd
71.1% - Industry AVG
Profitability
an operating margin of 5144.6% make it more profitable than the average company (7%)
- Equinox Developments Ltd
7% - Industry AVG
Employees
with 2 employees, this is below the industry average (6)
- Equinox Developments Ltd
6 - Industry AVG
Pay Structure
on an average salary of £39.9k, the company has an equivalent pay structure (£39.9k)
- Equinox Developments Ltd
£39.9k - Industry AVG
Efficiency
resulting in sales per employee of £85.3k, this is equally as efficient (£97.1k)
- Equinox Developments Ltd
£97.1k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Equinox Developments Ltd
- - Industry AVG
Creditor Days
its suppliers are paid after 409 days, this is slower than average (34 days)
- Equinox Developments Ltd
34 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Equinox Developments Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (50 weeks)
0 weeks - Equinox Developments Ltd
50 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 75.3%, this is a higher level of debt than the average (53.8%)
75.3% - Equinox Developments Ltd
53.8% - Industry AVG
EQUINOX DEVELOPMENTS LTD financials
Equinox Developments Ltd's latest turnover from July 2023 is estimated at £170.7 thousand and the company has net assets of £2.4 million. According to their latest financial statements, we estimate that Equinox Developments Ltd has 2 employees and maintains cash reserves of £241 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jul 2023 | Jul 2022 | Jan 2021 | Jan 2020 | Jan 2019 | Dec 2017 | |
|---|---|---|---|---|---|---|
| Turnover | ||||||
| Other Income Or Grants | ||||||
| Cost Of Sales | ||||||
| Gross Profit | ||||||
| Admin Expenses | 16,228 | 83,785 | ||||
| Operating Profit | -16,228 | -83,785 | ||||
| Interest Payable | ||||||
| Interest Receivable | ||||||
| Pre-Tax Profit | -16,228 | -83,785 | ||||
| Tax | ||||||
| Profit After Tax | -16,228 | -83,785 | ||||
| Dividends Paid | ||||||
| Retained Profit | -16,228 | -83,785 | ||||
| Employee Costs | ||||||
| Number Of Employees | ||||||
| EBITDA* | -16,228 | -83,785 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jul 2023 | Jul 2022 | Jan 2021 | Jan 2020 | Jan 2019 | Dec 2017 | |
|---|---|---|---|---|---|---|
| Tangible Assets | 9,750,700 | 3,500,000 | ||||
| Intangible Assets | ||||||
| Investments & Other | 9,750,800 | 100 | 9,750,700 | 9,750,700 | ||
| Debtors (Due After 1 year) | ||||||
| Total Fixed Assets | 9,750,800 | 100 | 9,750,700 | 9,750,700 | 9,750,700 | 3,500,000 |
| Stock & work in progress | ||||||
| Trade Debtors | 21,020 | |||||
| Group Debtors | 15,697 | 27,716 | 478,631 | |||
| Misc Debtors | 948 | 1,210 | 534,896 | 162,758 | ||
| Cash | 241 | 485 | 5,407 | 476 | 9,121 | 100,133 |
| misc current assets | ||||||
| total current assets | 241 | 17,130 | 33,123 | 501,337 | 544,017 | 262,891 |
| total assets | 9,751,041 | 17,230 | 9,783,823 | 10,252,037 | 10,294,717 | 3,762,891 |
| Bank overdraft | 164,000 | |||||
| Bank loan | ||||||
| Trade Creditors | 55,373 | 55,375 | 25,674 | 26,430 | 26,999 | 4,308 |
| Group/Directors Accounts | 345,389 | 153,210 | 99,508 | 18,895 | ||
| other short term finances | ||||||
| hp & lease commitments | ||||||
| other current liabilities | 164,909 | 168,989 | 101,616 | 639,461 | 537,961 | 102,093 |
| total current liabilities | 565,671 | 377,574 | 226,798 | 848,786 | 564,960 | 106,401 |
| loans | 5,919,935 | 5,902,548 | 6,189,549 | 6,072,000 | 6,400,000 | 3,653,685 |
| hp & lease commitments | ||||||
| Accruals and Deferred Income | ||||||
| other liabilities | ||||||
| provisions | 857,418 | 651,637 | 651,637 | |||
| total long term liabilities | 6,777,353 | 5,902,548 | 6,841,186 | 6,723,637 | 6,400,000 | 3,653,685 |
| total liabilities | 7,343,024 | 6,280,122 | 7,067,984 | 7,572,423 | 6,964,960 | 3,760,086 |
| net assets | 2,408,017 | -6,262,892 | 2,715,839 | 2,679,614 | 3,329,757 | 2,805 |
| total shareholders funds | 2,408,017 | -6,262,892 | 2,715,839 | 2,679,614 | 3,329,757 | 2,805 |
| Jul 2023 | Jul 2022 | Jan 2021 | Jan 2020 | Jan 2019 | Dec 2017 | |
|---|---|---|---|---|---|---|
| Operating Activities | ||||||
| Operating Profit | -16,228 | -83,785 | ||||
| Depreciation | ||||||
| Amortisation | ||||||
| Tax | ||||||
| Stock | ||||||
| Debtors | -16,645 | -11,071 | -473,145 | -34,035 | 534,896 | 162,758 |
| Creditors | -2 | 29,701 | -756 | -569 | 26,999 | 4,308 |
| Accruals and Deferred Income | -4,080 | 67,373 | -537,845 | 101,500 | 537,961 | 102,093 |
| Deferred Taxes & Provisions | 857,418 | -651,637 | 651,637 | |||
| Cash flow from operations | -140,142 | |||||
| Investing Activities | ||||||
| capital expenditure | ||||||
| Change in Investments | 9,750,700 | -9,750,600 | 9,750,700 | |||
| cash flow from investments | ||||||
| Financing Activities | ||||||
| Bank loans | ||||||
| Group/Directors Accounts | 192,179 | 53,702 | 80,613 | 18,895 | ||
| Other Short Term Loans | ||||||
| Long term loans | 17,387 | -287,001 | 117,549 | -328,000 | 6,400,000 | 3,653,685 |
| Hire Purchase and Lease Commitments | ||||||
| other long term liabilities | ||||||
| share issue | ||||||
| interest | ||||||
| cash flow from financing | 9,745,985 | 3,740,275 | ||||
| cash and cash equivalents | ||||||
| cash | -244 | -4,922 | 4,931 | -8,645 | 9,121 | 100,133 |
| overdraft | -164,000 | 164,000 | ||||
| change in cash | -244 | -4,922 | 168,931 | -172,645 | 9,121 | 100,133 |
equinox developments ltd Credit Report and Business Information
Equinox Developments Ltd Competitor Analysis
Perform a competitor analysis for equinox developments ltd by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other micro companies, companies in W1G area or any other competitors across 12 key performance metrics.
equinox developments ltd Ownership
EQUINOX DEVELOPMENTS LTD group structure
Equinox Developments Ltd has 3 subsidiary companies.
Ultimate parent company
2 parents
EQUINOX DEVELOPMENTS LTD
10520281
3 subsidiaries
equinox developments ltd directors
Equinox Developments Ltd currently has 2 directors. The longest serving directors include Mr Ankith Patel (Dec 2023) and Mr Kunal Patel (Dec 2023).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Ankith Patel | England | 34 years | Dec 2023 | - | Director |
| Mr Kunal Patel | England | 37 years | Dec 2023 | - | Director |
P&L
July 2023turnover
170.7k
+17%
operating profit
8.8m
0%
gross margin
71.1%
-5.45%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
July 2023net assets
2.4m
-1.38%
total assets
9.8m
+564.93%
cash
241
-0.5%
net assets
Total assets minus all liabilities
Similar Companies
equinox developments ltd company details
company number
10520281
Type
Private limited with Share Capital
industry
68320 - Management of real estate on a fee or contract basis
incorporation date
December 2016
age
9
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
July 2023
previous names
N/A
accountant
-
auditor
-
address
a melcombe regis court, 59 weymouth street, london, W1G 8NS
Bank
-
Legal Advisor
-
equinox developments 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 equinox developments ltd. Currently there are 3 open charges and 2 have been satisfied in the past.
equinox developments 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 EQUINOX DEVELOPMENTS LTD. This can take several minutes, an email will notify you when this has completed.
equinox developments ltd Companies House Filings - See Documents
| date | description | view/download |
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