thl developments ltd Company Information
Company Number
10563202
Website
-Registered Address
railview lofts, 19c commercial road, eastbourne, east sussex, BN21 3XE
Industry
Development of building projects
Telephone
-
Next Accounts Due
March 2024
Group Structure
View All
Shareholders
levette holdings limited 100%
thl developments ltd Estimated Valuation
Pomanda estimates the enterprise value of THL DEVELOPMENTS LTD at £384 based on a Turnover of £1.5k and 0.25x industry multiple (adjusted for size and gross margin).
thl developments ltd Estimated Valuation
Pomanda estimates the enterprise value of THL DEVELOPMENTS LTD at £0 based on an EBITDA of £-420 and a 2.15x industry multiple (adjusted for size and gross margin).
thl developments ltd Estimated Valuation
Pomanda estimates the enterprise value of THL DEVELOPMENTS LTD at £0 based on Net Assets of £-120 and 1.26x industry multiple (adjusted for liquidity).
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Thl Developments Ltd Overview
Thl Developments Ltd is a dissolved company that was located in eastbourne, BN21 3XE with a Companies House number of 10563202. It operated in the development of building projects sector, SIC Code 41100. Founded in January 2017, it's largest shareholder was levette holdings limited with a 100% stake. The last turnover for Thl Developments Ltd was estimated at £1.5k.
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Thl Developments Ltd Health Check
Pomanda's financial health check has awarded Thl Developments Ltd a 1 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 8 areas for improvement. Company Health Check FAQs
1 Strong
1 Regular
8 Weak
Size
annual sales of £1.5k, make it smaller than the average company (£2.2m)
- Thl Developments Ltd
£2.2m - Industry AVG
Growth
3 year (CAGR) sales growth of -90%, show it is growing at a slower rate (2%)
- Thl Developments Ltd
2% - Industry AVG
Production
with a gross margin of 9.2%, this company has a higher cost of product (25.3%)
- Thl Developments Ltd
25.3% - Industry AVG
Profitability
an operating margin of -27.2% make it less profitable than the average company (8.8%)
- Thl Developments Ltd
8.8% - Industry AVG
Employees
with 1 employees, this is below the industry average (6)
- Thl Developments Ltd
6 - Industry AVG
Pay Structure
on an average salary of £47.4k, the company has an equivalent pay structure (£47.4k)
- Thl Developments Ltd
£47.4k - Industry AVG
Efficiency
resulting in sales per employee of £1.5k, this is less efficient (£278.5k)
- Thl Developments Ltd
£278.5k - Industry AVG
Debtor Days
it gets paid by customers after 70 days, this is later than average (28 days)
- Thl Developments Ltd
28 days - Industry AVG
Creditor Days
its suppliers are paid after 108 days, this is slower than average (31 days)
- Thl Developments Ltd
31 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Thl Developments Ltd
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Thl Developments Ltd
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 140.3%, this is a higher level of debt than the average (74.3%)
140.3% - Thl Developments Ltd
74.3% - Industry AVG
thl developments ltd Credit Report and Business Information
Thl Developments Ltd Competitor Analysis
Perform a competitor analysis for thl developments ltd by selecting its closest rivals and benchmarking them against 12 key performance metrics.
thl developments ltd Ownership
THL DEVELOPMENTS LTD group structure
Thl Developments Ltd has no subsidiary companies.
thl developments ltd directors
Thl Developments Ltd currently has 2 directors. The longest serving directors include Mr Michael Levett (May 2018) and Mrs Tracey Levett (May 2018).
officer | country | age | start | end | role |
---|---|---|---|---|---|
Mr Michael Levett | England | 58 years | May 2018 | - | Director |
Mrs Tracey Levett | United Kingdom | 58 years | May 2018 | - | Director |
THL DEVELOPMENTS LTD financials
Thl Developments Ltd's latest turnover from March 2023 is estimated at £1.5 thousand and the company has net assets of -£120. According to their latest financial statements, we estimate that Thl Developments Ltd has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Jan 2018 | |
---|---|---|---|---|---|---|
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
Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Jan 2018 | |
---|---|---|---|---|---|---|
Tangible Assets | 0 | 0 | 474,274 | 393,922 | 393,922 | 393,922 |
Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 |
Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 |
Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 |
Total Fixed Assets | 0 | 0 | 474,274 | 393,922 | 393,922 | 393,922 |
Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 |
Trade Debtors | 298 | 8,667 | 0 | 0 | 0 | 2,328 |
Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 |
Misc Debtors | 0 | 0 | 0 | 0 | 0 | 0 |
Cash | 0 | 0 | 0 | 0 | 0 | 0 |
misc current assets | 0 | 0 | 0 | 0 | 0 | 1,700 |
total current assets | 298 | 8,667 | 0 | 0 | 0 | 4,028 |
total assets | 298 | 8,667 | 474,274 | 393,922 | 393,922 | 397,950 |
Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 |
Bank loan | 0 | 0 | 0 | 0 | 0 | 0 |
Trade Creditors | 418 | 8,367 | 407,547 | 356,721 | 380,535 | 402,450 |
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 | 0 | 0 | 0 | 0 | 0 | 0 |
total current liabilities | 418 | 8,367 | 407,547 | 356,721 | 380,535 | 402,450 |
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 | 0 | 0 | 0 | 0 | 0 | 0 |
total long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 |
total liabilities | 418 | 8,367 | 407,547 | 356,721 | 380,535 | 402,450 |
net assets | -120 | 300 | 66,727 | 37,201 | 13,387 | -4,500 |
total shareholders funds | -120 | 300 | 66,727 | 37,201 | 13,387 | -4,500 |
Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Jan 2018 | |
---|---|---|---|---|---|---|
Operating Activities | ||||||
Operating Profit | ||||||
Depreciation | 0 | 0 | 0 | 0 | ||
Amortisation | 0 | 0 | 0 | 0 | ||
Tax | ||||||
Stock | 0 | 0 | 0 | 0 | 0 | 0 |
Debtors | -8,369 | 8,667 | 0 | 0 | -2,328 | 2,328 |
Creditors | -7,949 | -399,180 | 50,826 | -23,814 | -21,915 | 402,450 |
Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 |
Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 |
Cash flow from operations | ||||||
Investing Activities | ||||||
capital expenditure | ||||||
Change in Investments | 0 | 0 | 0 | 0 | 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 | 0 | 0 | 0 | 0 | 0 | 0 |
overdraft | 0 | 0 | 0 | 0 | 0 | 0 |
change in cash | 0 | 0 | 0 | 0 | 0 | 0 |
P&L
March 2023turnover
1.5k
-96%
operating profit
-420
0%
gross margin
9.2%
+6.24%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2023net assets
-120
-1.4%
total assets
298
-0.97%
cash
0
0%
net assets
Total assets minus all liabilities
thl developments ltd company details
company number
10563202
Type
Private limited with Share Capital
industry
41100 - Development of building projects
incorporation date
January 2017
age
7
accounts
Micro-Entity Accounts
ultimate parent company
previous names
N/A
incorporated
UK
address
railview lofts, 19c commercial road, eastbourne, east sussex, BN21 3XE
last accounts submitted
March 2023
thl 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 did not find charges/mortgages relating to thl developments ltd.
thl developments ltd Companies House Filings - See Documents
date | description | view/download |
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