thl developments ltd

1

thl developments ltd Company Information

Share THL DEVELOPMENTS LTD
Dissolved 

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

Directors

Michael Levett5 Years

Tracey Levett5 Years

Shareholders

levette holdings limited 100%

thl developments ltd Estimated Valuation

£384

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

£0

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

£0

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).

Valuation Calculator
This valuation is estimated based on financial data from March 2023 

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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

Health Check Image
Health Rating1out of 5
positive_score

1 Strong

positive_score

1 Regular

positive_score

8 Weak

size

Size

annual sales of £1.5k, make it smaller than the average company (£2.2m)

£1.5k - Thl Developments Ltd

£2.2m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -90%, show it is growing at a slower rate (2%)

-90% - Thl Developments Ltd

2% - Industry AVG

production

Production

with a gross margin of 9.2%, this company has a higher cost of product (25.3%)

9.2% - Thl Developments Ltd

25.3% - Industry AVG

profitability

Profitability

an operating margin of -27.2% make it less profitable than the average company (8.8%)

-27.2% - Thl Developments Ltd

8.8% - Industry AVG

employees

Employees

with 1 employees, this is below the industry average (6)

1 - Thl Developments Ltd

6 - Industry AVG

paystructure

Pay Structure

on an average salary of £47.4k, the company has an equivalent pay structure (£47.4k)

£47.4k - Thl Developments Ltd

£47.4k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £1.5k, this is less efficient (£278.5k)

£1.5k - Thl Developments Ltd

£278.5k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 70 days, this is later than average (28 days)

70 days - Thl Developments Ltd

28 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 108 days, this is slower than average (31 days)

108 days - Thl Developments Ltd

31 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Thl Developments Ltd

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - Thl Developments Ltd

- - Industry AVG

debtlevel

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

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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Thl Developments Ltd Competitor Analysis

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thl developments ltd Ownership

THL DEVELOPMENTS LTD group structure

Thl Developments Ltd has no subsidiary companies.

Ultimate parent company

1 parent

THL DEVELOPMENTS LTD

10563202

THL DEVELOPMENTS LTD Shareholders

levette holdings limited 100%

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).

officercountryagestartendrole
Mr Michael LevettEngland58 years May 2018- Director
Mrs Tracey LevettUnited Kingdom58 years May 2018- Director

THL DEVELOPMENTS LTD financials

EXPORTms excel logo

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 HousePomanda Estimates

Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Jan 2018
Turnover1,54637,6661,560,9861,372,0711,398,033710,530
Other Income Or Grants000000
Cost Of Sales1,40434,4091,426,3731,237,4061,254,292632,792
Gross Profit1423,257134,613134,665143,74077,738
Admin Expenses56269,68498,161105,265121,65782,238
Operating Profit-420-66,42736,45229,40022,083-4,500
Interest Payable000000
Interest Receivable000000
Pre-Tax Profit-420-66,42736,45229,40022,083-4,500
Tax00-6,926-5,586-4,1960
Profit After Tax-420-66,42729,52623,81417,887-4,500
Dividends Paid000000
Retained Profit-420-66,42729,52623,81417,887-4,500
Employee Costs47,44744,919131,16287,846130,00983,564
Number Of Employees113232
EBITDA*-420-66,42736,45229,40022,083-4,500

* Earnings Before Interest, Tax, Depreciation and Amortisation

Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Jan 2018
Tangible Assets00474,274393,922393,922393,922
Intangible Assets000000
Investments & Other000000
Debtors (Due After 1 year)000000
Total Fixed Assets00474,274393,922393,922393,922
Stock & work in progress000000
Trade Debtors2988,6670002,328
Group Debtors000000
Misc Debtors000000
Cash000000
misc current assets000001,700
total current assets2988,6670004,028
total assets2988,667474,274393,922393,922397,950
Bank overdraft000000
Bank loan000000
Trade Creditors 4188,367407,547356,721380,535402,450
Group/Directors Accounts000000
other short term finances000000
hp & lease commitments000000
other current liabilities000000
total current liabilities4188,367407,547356,721380,535402,450
loans000000
hp & lease commitments000000
Accruals and Deferred Income000000
other liabilities000000
provisions000000
total long term liabilities000000
total liabilities4188,367407,547356,721380,535402,450
net assets-12030066,72737,20113,387-4,500
total shareholders funds-12030066,72737,20113,387-4,500
Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Jan 2018
Operating Activities
Operating Profit-420-66,42736,45229,40022,083-4,500
Depreciation000000
Amortisation000000
Tax00-6,926-5,586-4,1960
Stock000000
Debtors-8,3698,66700-2,3282,328
Creditors-7,949-399,18050,826-23,814-21,915402,450
Accruals and Deferred Income000000
Deferred Taxes & Provisions000000
Cash flow from operations0-474,27480,3520-1,700395,622
Investing Activities
capital expenditure0474,274-80,35200-393,922
Change in Investments000000
cash flow from investments0474,274-80,35200-393,922
Financing Activities
Bank loans000000
Group/Directors Accounts000000
Other Short Term Loans 000000
Long term loans000000
Hire Purchase and Lease Commitments000000
other long term liabilities000000
share issue000000
interest000000
cash flow from financing000000
cash and cash equivalents
cash000000
overdraft000000
change in cash000000

P&L

March 2023

turnover

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 2023

net 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.

charges

thl developments ltd Companies House Filings - See Documents

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