the old anvil development ltd

the old anvil development ltd Company Information

Share THE OLD ANVIL DEVELOPMENT LTD
Live (In Liquidation)
YoungSmallDeclining

Company Number

10564854

Industry

Development of building projects

 

Shareholders

cherry alison clarey

mark clarey

Group Structure

View All

Contact

Registered Address

suite 4c manchester internationa, styal road, manchester, M22 5WB

the old anvil development ltd Estimated Valuation

£337.2k

Pomanda estimates the enterprise value of THE OLD ANVIL DEVELOPMENT LTD at £337.2k based on a Turnover of £613.7k and 0.55x industry multiple (adjusted for size and gross margin).

the old anvil development ltd Estimated Valuation

£2.2m

Pomanda estimates the enterprise value of THE OLD ANVIL DEVELOPMENT LTD at £2.2m based on an EBITDA of £580.8k and a 3.86x industry multiple (adjusted for size and gross margin).

the old anvil development ltd Estimated Valuation

£2.4m

Pomanda estimates the enterprise value of THE OLD ANVIL DEVELOPMENT LTD at £2.4m based on Net Assets of £1.5m and 1.56x industry multiple (adjusted for liquidity).

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The Old Anvil Development Ltd Overview

The Old Anvil Development Ltd is a live company located in manchester, M22 5WB with a Companies House number of 10564854. It operates in the development of building projects sector, SIC Code 41100. Founded in January 2017, it's largest shareholder is cherry alison clarey with a 50% stake. The Old Anvil Development Ltd is a young, small sized company, Pomanda has estimated its turnover at £613.7k with declining growth in recent years.

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The Old Anvil Development Ltd Health Check

Pomanda's financial health check has awarded The Old Anvil Development Ltd a 4 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 6 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating4.5out of 5
positive_score

3 Strong

positive_score

2 Regular

positive_score

6 Weak

size

Size

annual sales of £234.1k, make it smaller than the average company (£1.9m)

£234.1k - The Old Anvil Development Ltd

£1.9m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -62%, show it is growing at a slower rate (1.9%)

-62% - The Old Anvil Development Ltd

1.9% - Industry AVG

production

Production

with a gross margin of 25.4%, this company has a comparable cost of product (25.4%)

25.4% - The Old Anvil Development Ltd

25.4% - Industry AVG

profitability

Profitability

an operating margin of 116.4% make it more profitable than the average company (8.7%)

116.4% - The Old Anvil Development Ltd

8.7% - Industry AVG

employees

Employees

with 2 employees, this is below the industry average (6)

2 - The Old Anvil Development Ltd

6 - Industry AVG

paystructure

Pay Structure

on an average salary of £45.8k, the company has an equivalent pay structure (£45.8k)

£45.8k - The Old Anvil Development Ltd

£45.8k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £117k, this is less efficient (£260.3k)

£117k - The Old Anvil Development Ltd

£260.3k - Industry AVG

debtordays

Debtor Days

There is insufficient data available for this Key Performance Indicator!

- - The Old Anvil Development Ltd

- - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 4 days, this is quicker than average (31 days)

4 days - The Old Anvil Development Ltd

31 days - Industry AVG

stockdays

Stock Days

it holds stock equivalent to 365 days, this is more than average (164 days)

365 days - The Old Anvil Development Ltd

164 days - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 684 weeks, this is more cash available to meet short term requirements (13 weeks)

684 weeks - The Old Anvil Development Ltd

13 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 5.8%, this is a lower level of debt than the average (74.4%)

5.8% - The Old Anvil Development Ltd

74.4% - Industry AVG

THE OLD ANVIL DEVELOPMENT LTD financials

EXPORTms excel logo

The Old Anvil Development Ltd's latest turnover from December 2023 is estimated at £613.7 thousand and the company has net assets of £1.5 million. According to their latest financial statements, The Old Anvil Development Ltd has 2 employees and maintains cash reserves of £889.1 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Dec 2023Jan 2023Jan 2022Jan 2021Jan 2020Jan 2019Jan 2018
Turnover613,702234,078592,540380,8334,263,4671,743,283947,009
Other Income Or Grants0000000
Cost Of Sales453,670174,577454,499287,8343,165,8401,259,596668,740
Gross Profit160,03159,501138,04192,9991,097,626483,687278,269
Admin Expenses-415,321-212,879-705,614-431,6841,106,894494,031280,124
Operating Profit575,352272,380843,655524,683-9,268-10,344-1,855
Interest Payable001,5631,525000
Interest Receivable38,85328,90488358000
Pre-Tax Profit614,205301,284842,975523,216-9,268-10,344-1,855
Tax-153,551-57,244-160,165-99,411000
Profit After Tax460,654244,040682,810423,805-9,268-10,344-1,855
Dividends Paid0000000
Retained Profit460,654244,040682,810423,805-9,268-10,344-1,855
Employee Costs97,81891,69389,78087,56186,84386,10683,651
Number Of Employees2222222
EBITDA*580,797278,227849,502524,683-9,268-10,344-1,855

* Earnings Before Interest, Tax, Depreciation and Amortisation

Dec 2023Jan 2023Jan 2022Jan 2021Jan 2020Jan 2019Jan 2018
Tangible Assets010,22616,0731,9201,85100
Intangible Assets0000000
Investments & Other0000000
Debtors (Due After 1 year)0000000
Total Fixed Assets010,22616,0731,9201,85100
Stock & work in progress0175,000450,000639,527000
Trade Debtors0000482,856200,991104,325
Group Debtors0000000
Misc Debtors749,930165,934208,82127,611000
Cash889,0571,060,587591,058115,132000
misc current assets0000000
total current assets1,638,9871,401,5211,249,879782,270482,856200,991104,325
total assets1,638,9871,411,7471,265,952784,190484,707200,991104,325
Bank overdraft0000000
Bank loan0002,500000
Trade Creditors 01,992015,249506,174213,190106,180
Group/Directors Accounts0000000
other short term finances0000000
hp & lease commitments0000000
other current liabilities93,08578,524177,650316,503000
total current liabilities93,08580,516177,650334,252506,174213,190106,180
loans00047,500000
hp & lease commitments0000000
Accruals and Deferred Income0000000
other liabilities0000000
provisions01,9433,0540000
total long term liabilities01,9433,05447,500000
total liabilities93,08582,459180,704381,752506,174213,190106,180
net assets1,545,9021,329,2881,085,248402,438-21,467-12,199-1,855
total shareholders funds1,545,9021,329,2881,085,248402,438-21,467-12,199-1,855
Dec 2023Jan 2023Jan 2022Jan 2021Jan 2020Jan 2019Jan 2018
Operating Activities
Operating Profit575,352272,380843,655524,683-9,268-10,344-1,855
Depreciation5,4455,8475,8470000
Amortisation0000000
Tax-153,551-57,244-160,165-99,411000
Stock-450,000-275,000-189,527639,527000
Debtors541,109-42,887181,210-455,245281,86596,666104,325
Creditors01,992-15,249-490,925292,984107,010106,180
Accruals and Deferred Income-84,565-99,126-138,853316,503000
Deferred Taxes & Provisions-3,054-1,1113,0540000
Cash flow from operations248,518440,625546,60666,5681,85100
Investing Activities
capital expenditure10,6280-20,000-69-1,85100
Change in Investments0000000
cash flow from investments10,6280-20,000-69-1,85100
Financing Activities
Bank loans00-2,5002,500000
Group/Directors Accounts0000000
Other Short Term Loans 0000000
Long term loans00-47,50047,500000
Hire Purchase and Lease Commitments0000000
other long term liabilities0000000
share issue000100000
interest38,85328,904-680-1,467000
cash flow from financing38,85328,904-50,68048,633000
cash and cash equivalents
cash297,999469,529475,926115,132000
overdraft0000000
change in cash297,999469,529475,926115,132000

the old anvil development 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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The Old Anvil Development Ltd Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for the old anvil development ltd by selecting its closest rivals, whether from the CONSTRUCTION sector, other small companies, companies in M22 area or any other competitors across 12 key performance metrics.

the old anvil development ltd Ownership

THE OLD ANVIL DEVELOPMENT LTD group structure

The Old Anvil Development Ltd has no subsidiary companies.

Ultimate parent company

THE OLD ANVIL DEVELOPMENT LTD

10564854

THE OLD ANVIL DEVELOPMENT LTD Shareholders

cherry alison clarey 50%
mark clarey 50%

the old anvil development ltd directors

The Old Anvil Development Ltd currently has 2 directors. The longest serving directors include Ms Cherry Clarey (Jan 2017) and Mr Mark Clarey (Jan 2017).

officercountryagestartendrole
Ms Cherry ClareyUnited Kingdom63 years Jan 2017- Director
Mr Mark ClareyUnited Kingdom60 years Jan 2017- Director

P&L

December 2023

turnover

613.7k

+4%

operating profit

575.4k

0%

gross margin

26.1%

+11.93%

turnover

Turnover, or revenue, is the amount of sales generated by a company within the financial year.

Balance Sheet

December 2023

net assets

1.5m

+0.42%

total assets

1.6m

+0.29%

cash

889.1k

+0.5%

net assets

Total assets minus all liabilities

the old anvil development ltd company details

company number

10564854

Type

Private limited with Share Capital

industry

41100 - Development of building projects

incorporation date

January 2017

age

7

incorporated

UK

ultimate parent company

None

accounts

Total Exemption Full

last accounts submitted

December 2023

previous names

N/A

accountant

-

auditor

-

address

suite 4c manchester internationa, styal road, manchester, M22 5WB

Bank

-

Legal Advisor

-

the old anvil development 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 the old anvil development ltd.

the old anvil development 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.

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the old anvil development ltd Companies House Filings - See Documents

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