acresfield developments limited
acresfield developments limited Company Information
Company Number
10536441
Next Accounts
Mar 2025
Industry
Other engineering activities (not including engineering design for industrial process and production or engineering related scientific and technical consulting activities)
Architectural activities
Directors
Shareholders
david armstrong
Group Structure
View All
Contact
Registered Address
hamill house, 112-116 chorley new road, bolton, lancashire, BL1 4DH
acresfield developments limited Estimated Valuation
Pomanda estimates the enterprise value of ACRESFIELD DEVELOPMENTS LIMITED at £63k based on a Turnover of £111.7k and 0.56x industry multiple (adjusted for size and gross margin).
acresfield developments limited Estimated Valuation
Pomanda estimates the enterprise value of ACRESFIELD DEVELOPMENTS LIMITED at £15.1k based on an EBITDA of £3k and a 4.95x industry multiple (adjusted for size and gross margin).
acresfield developments limited Estimated Valuation
Pomanda estimates the enterprise value of ACRESFIELD DEVELOPMENTS LIMITED at £1.1m based on Net Assets of £340.7k and 3.11x industry multiple (adjusted for liquidity).
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Acresfield Developments Limited Overview
Acresfield Developments Limited is a live company located in bolton, BL1 4DH with a Companies House number of 10536441. It operates in the engineering design activities for industrial process and production sector, SIC Code 71121. Founded in December 2016, it's largest shareholder is david armstrong with a 100% stake. Acresfield Developments Limited is a young, micro sized company, Pomanda has estimated its turnover at £111.7k with rapid growth in recent years.
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Acresfield Developments Limited Health Check
Pomanda's financial health check has awarded Acresfield Developments Limited a 2.5 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 £111.7k, make it smaller than the average company (£1.5m)
- Acresfield Developments Limited
£1.5m - Industry AVG
Growth
3 year (CAGR) sales growth of 37%, show it is growing at a faster rate (4.6%)
- Acresfield Developments Limited
4.6% - Industry AVG
Production
with a gross margin of 38.2%, this company has a comparable cost of product (38.2%)
- Acresfield Developments Limited
38.2% - Industry AVG
Profitability
an operating margin of -27.4% make it less profitable than the average company (6.6%)
- Acresfield Developments Limited
6.6% - Industry AVG
Employees
with 2 employees, this is below the industry average (18)
- Acresfield Developments Limited
18 - Industry AVG
Pay Structure
on an average salary of £51.3k, the company has an equivalent pay structure (£51.3k)
- Acresfield Developments Limited
£51.3k - Industry AVG
Efficiency
resulting in sales per employee of £55.8k, this is less efficient (£103.7k)
- Acresfield Developments Limited
£103.7k - Industry AVG
Debtor Days
it gets paid by customers after 80 days, this is near the average (80 days)
- Acresfield Developments Limited
80 days - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- Acresfield Developments Limited
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Acresfield Developments Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 10 weeks, this is less cash available to meet short term requirements (20 weeks)
10 weeks - Acresfield Developments Limited
20 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 39.8%, this is a lower level of debt than the average (54.8%)
39.8% - Acresfield Developments Limited
54.8% - Industry AVG
ACRESFIELD DEVELOPMENTS LIMITED financials
Acresfield Developments Limited's latest turnover from June 2023 is estimated at £111.7 thousand and the company has net assets of £340.7 thousand. According to their latest financial statements, we estimate that Acresfield Developments Limited has 2 employees and maintains cash reserves of £40.7 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Dec 2018 | Dec 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 | ||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Dec 2018 | Dec 2017 | |
|---|---|---|---|---|---|---|
| Tangible Assets | 146,328 | 68,773 | 892 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 100 | 100 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 146,328 | 68,773 | 992 | 100 | 0 | 0 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 24,524 | 27,850 | 19,876 | 13,658 | 0 | 0 |
| Group Debtors | 346,718 | 250,000 | 5,000 | 0 | 0 | 0 |
| Misc Debtors | 7,258 | 1,667 | 0 | 0 | 0 | 0 |
| Cash | 40,650 | 91,482 | 202,973 | 17,582 | 0 | 0 |
| misc current assets | 265 | 2,218 | 0 | 0 | 0 | 0 |
| total current assets | 419,415 | 373,217 | 227,849 | 31,240 | 0 | 0 |
| total assets | 565,743 | 441,990 | 228,841 | 31,340 | 0 | 0 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 0 | 0 | 6,787 | 900 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 206,560 | 74,037 | 65,377 | 10,560 | 0 | 0 |
| total current liabilities | 206,560 | 74,037 | 72,164 | 11,460 | 0 | 0 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 18,496 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 18,496 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 225,056 | 74,037 | 72,164 | 11,460 | 0 | 0 |
| net assets | 340,687 | 367,953 | 156,677 | 19,880 | 0 | 0 |
| total shareholders funds | 340,687 | 367,953 | 156,677 | 19,880 | 0 | 0 |
| Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Dec 2018 | Dec 2017 | |
|---|---|---|---|---|---|---|
| Operating Activities | ||||||
| Operating Profit | ||||||
| Depreciation | 33,618 | 13,994 | 0 | 0 | ||
| Amortisation | 0 | 0 | 0 | 0 | ||
| Tax | ||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 98,983 | 254,641 | 11,218 | 13,658 | 0 | 0 |
| Creditors | 0 | -6,787 | 5,887 | 900 | 0 | 0 |
| Accruals and Deferred Income | 132,523 | 8,660 | 54,817 | 10,560 | 0 | 0 |
| Deferred Taxes & Provisions | 18,496 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | ||||||
| Investing Activities | ||||||
| capital expenditure | ||||||
| Change in Investments | 0 | -100 | 0 | 100 | 0 | 0 |
| cash flow from investments | ||||||
| Financing Activities | ||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||
| interest | ||||||
| cash flow from financing | ||||||
| cash and cash equivalents | ||||||
| cash | -50,832 | -111,491 | 185,391 | 17,582 | 0 | 0 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -50,832 | -111,491 | 185,391 | 17,582 | 0 | 0 |
acresfield developments limited Credit Report and Business Information
Acresfield Developments Limited Competitor Analysis
Perform a competitor analysis for acresfield developments limited by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other micro companies, companies in BL1 area or any other competitors across 12 key performance metrics.
acresfield developments limited Ownership
ACRESFIELD DEVELOPMENTS LIMITED group structure
Acresfield Developments Limited has no subsidiary companies.
Ultimate parent company
ACRESFIELD DEVELOPMENTS LIMITED
10536441
acresfield developments limited directors
Acresfield Developments Limited currently has 1 director, Mr David Armstrong serving since Dec 2016.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr David Armstrong | England | 50 years | Dec 2016 | - | Director |
P&L
June 2023turnover
111.7k
-20%
operating profit
-30.6k
0%
gross margin
38.2%
+2.62%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
June 2023net assets
340.7k
-0.07%
total assets
565.7k
+0.28%
cash
40.7k
-0.56%
net assets
Total assets minus all liabilities
Similar Companies
acresfield developments limited company details
company number
10536441
Type
Private limited with Share Capital
industry
71121 - Engineering design activities for industrial process and production
71129 - Other engineering activities (not including engineering design for industrial process and production or engineering related scientific and technical consulting activities)
71111 - Architectural activities
incorporation date
December 2016
age
8
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
June 2023
previous names
great minds property group ltd (October 2024)
accountant
FAIRHURST
auditor
-
address
hamill house, 112-116 chorley new road, bolton, lancashire, BL1 4DH
Bank
-
Legal Advisor
-
acresfield 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 did not find charges/mortgages relating to acresfield developments limited.
acresfield 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.
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acresfield developments limited Companies House Filings - See Documents
| date | description | view/download |
|---|
