joint venture development projects ltd
joint venture development projects ltd Company Information
Company Number
10581911
Next Accounts
Jan 2026
Shareholders
daniel faith
stuart faith
View AllGroup Structure
View All
Industry
Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.
Registered Address
brooks house 1 albion place, maidstone, ME14 5DY
Website
-joint venture development projects ltd Estimated Valuation
Pomanda estimates the enterprise value of JOINT VENTURE DEVELOPMENT PROJECTS LTD at £86.7k based on a Turnover of £26.2k and 3.3x industry multiple (adjusted for size and gross margin).
joint venture development projects ltd Estimated Valuation
Pomanda estimates the enterprise value of JOINT VENTURE DEVELOPMENT PROJECTS LTD at £5.6m based on an EBITDA of £872.9k and a 6.46x industry multiple (adjusted for size and gross margin).
joint venture development projects ltd Estimated Valuation
Pomanda estimates the enterprise value of JOINT VENTURE DEVELOPMENT PROJECTS LTD at £7.1m based on Net Assets of £4.1m and 1.75x industry multiple (adjusted for liquidity).
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Joint Venture Development Projects Ltd Overview
Joint Venture Development Projects Ltd is a live company located in maidstone, ME14 5DY with a Companies House number of 10581911. It operates in the other letting and operating of own or leased real estate sector, SIC Code 68209. Founded in January 2017, it's largest shareholder is daniel faith with a 25% stake. Joint Venture Development Projects Ltd is a young, micro sized company, Pomanda has estimated its turnover at £26.2k with declining growth in recent years.
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Joint Venture Development Projects Ltd Health Check
Pomanda's financial health check has awarded Joint Venture Development Projects Ltd a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 5 areas for improvement. Company Health Check FAQs
3 Strong
2 Regular
5 Weak
Size
annual sales of £26.2k, make it smaller than the average company (£921.6k)
- Joint Venture Development Projects Ltd
£921.6k - Industry AVG
Growth
3 year (CAGR) sales growth of -61%, show it is growing at a slower rate (5.4%)
- Joint Venture Development Projects Ltd
5.4% - Industry AVG
Production
with a gross margin of 72.9%, this company has a comparable cost of product (72.9%)
- Joint Venture Development Projects Ltd
72.9% - Industry AVG
Profitability
an operating margin of 3326.3% make it more profitable than the average company (28.4%)
- Joint Venture Development Projects Ltd
28.4% - Industry AVG
Employees
with 1 employees, this is below the industry average (4)
- Joint Venture Development Projects Ltd
4 - Industry AVG
Pay Structure
on an average salary of £33.6k, the company has an equivalent pay structure (£33.6k)
- Joint Venture Development Projects Ltd
£33.6k - Industry AVG
Efficiency
resulting in sales per employee of £26.2k, this is less efficient (£187.4k)
- Joint Venture Development Projects Ltd
£187.4k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Joint Venture Development Projects Ltd
- - Industry AVG
Creditor Days
its suppliers are paid after 502 days, this is slower than average (36 days)
- Joint Venture Development Projects Ltd
36 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Joint Venture Development Projects Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 2 weeks, this is less cash available to meet short term requirements (10 weeks)
2 weeks - Joint Venture Development Projects Ltd
10 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 44%, this is a lower level of debt than the average (69.7%)
44% - Joint Venture Development Projects Ltd
69.7% - Industry AVG
JOINT VENTURE DEVELOPMENT PROJECTS LTD financials
Joint Venture Development Projects Ltd's latest turnover from April 2024 is estimated at £26.2 thousand and the company has net assets of £4.1 million. According to their latest financial statements, we estimate that Joint Venture Development Projects Ltd has 1 employee and maintains cash reserves of £137.1 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Apr 2024 | Apr 2023 | Apr 2022 | Apr 2021 | Apr 2020 | Apr 2019 | Apr 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
| Apr 2024 | Apr 2023 | Apr 2022 | Apr 2021 | Apr 2020 | Apr 2019 | Apr 2018 | |
|---|---|---|---|---|---|---|---|
| Tangible Assets | 5,966,178 | 5,563,475 | 4,153,741 | 2,512,882 | 1,031,852 | ||
| Intangible Assets | |||||||
| Investments & Other | 174,866 | 1,024,311 | 1,027,801 | 997,801 | 1,002,741 | 1,002,769 | |
| Debtors (Due After 1 year) | |||||||
| Total Fixed Assets | 6,141,044 | 6,587,786 | 5,181,542 | 3,510,683 | 2,034,593 | 1,002,769 | |
| Stock & work in progress | 1,696,019 | 1,726,019 | 1,696,019 | 1,851,154 | 1,696,019 | ||
| Trade Debtors | |||||||
| Group Debtors | 914,550 | 60,050 | |||||
| Misc Debtors | 96,887 | 36,036 | 32,887 | 82,212 | 159,336 | 409,544 | 100,027 |
| Cash | 137,106 | 9,741 | 201,746 | 388,032 | 62,930 | 49,170 | 1,588 |
| misc current assets | |||||||
| total current assets | 1,148,543 | 105,827 | 1,930,652 | 2,196,263 | 1,918,285 | 2,309,868 | 1,797,634 |
| total assets | 7,289,587 | 6,693,613 | 7,112,194 | 5,706,946 | 3,952,878 | 3,312,637 | 1,797,634 |
| Bank overdraft | |||||||
| Bank loan | |||||||
| Trade Creditors | 9,800 | 13,302 | 13,094 | 11,876 | 8,001 | ||
| Group/Directors Accounts | 15 | 15 | |||||
| other short term finances | 5,000 | ||||||
| hp & lease commitments | |||||||
| other current liabilities | 3,195,482 | 3,253,597 | 3,872,993 | 4,120,464 | 3,227,424 | 2,709,426 | 1,205,099 |
| total current liabilities | 3,205,297 | 3,266,914 | 3,886,087 | 4,132,340 | 3,235,425 | 2,709,426 | 1,210,099 |
| loans | 600,000 | 600,000 | 600,000 | 600,000 | 600,000 | ||
| hp & lease commitments | |||||||
| Accruals and Deferred Income | |||||||
| other liabilities | |||||||
| provisions | |||||||
| total long term liabilities | 600,000 | 600,000 | 600,000 | 600,000 | 600,000 | ||
| total liabilities | 3,205,297 | 3,266,914 | 4,486,087 | 4,732,340 | 3,835,425 | 3,309,426 | 1,810,099 |
| net assets | 4,084,290 | 3,426,699 | 2,626,107 | 974,606 | 117,453 | 3,211 | -12,465 |
| total shareholders funds | 4,084,290 | 3,426,699 | 2,626,107 | 974,606 | 117,453 | 3,211 | -12,465 |
| Apr 2024 | Apr 2023 | Apr 2022 | Apr 2021 | Apr 2020 | Apr 2019 | Apr 2018 | |
|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||
| Operating Profit | |||||||
| Depreciation | |||||||
| Amortisation | |||||||
| Tax | |||||||
| Stock | -1,696,019 | -30,000 | 30,000 | -155,135 | 155,135 | 1,696,019 | |
| Debtors | 915,351 | 63,199 | -49,325 | -77,124 | -250,208 | 309,517 | 100,027 |
| Creditors | -3,502 | 208 | 1,218 | 3,875 | 8,001 | ||
| Accruals and Deferred Income | -58,115 | -619,396 | -247,471 | 893,040 | 517,998 | 1,504,327 | 1,205,099 |
| Deferred Taxes & Provisions | |||||||
| Cash flow from operations | |||||||
| Investing Activities | |||||||
| capital expenditure | |||||||
| Change in Investments | -849,445 | -3,490 | 30,000 | -4,940 | -28 | 1,002,769 | |
| cash flow from investments | |||||||
| Financing Activities | |||||||
| Bank loans | |||||||
| Group/Directors Accounts | 15 | ||||||
| Other Short Term Loans | -5,000 | 5,000 | |||||
| Long term loans | -600,000 | 600,000 | |||||
| Hire Purchase and Lease Commitments | |||||||
| other long term liabilities | |||||||
| share issue | |||||||
| interest | |||||||
| cash flow from financing | |||||||
| cash and cash equivalents | |||||||
| cash | 127,365 | -192,005 | -186,286 | 325,102 | 13,760 | 47,582 | 1,588 |
| overdraft | |||||||
| change in cash | 127,365 | -192,005 | -186,286 | 325,102 | 13,760 | 47,582 | 1,588 |
joint venture development projects ltd Credit Report and Business Information
Joint Venture Development Projects Ltd Competitor Analysis
Perform a competitor analysis for joint venture development projects ltd by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other micro companies, companies in ME14 area or any other competitors across 12 key performance metrics.
joint venture development projects ltd Ownership
JOINT VENTURE DEVELOPMENT PROJECTS LTD group structure
Joint Venture Development Projects Ltd has 2 subsidiary companies.
Ultimate parent company
JOINT VENTURE DEVELOPMENT PROJECTS LTD
10581911
2 subsidiaries
joint venture development projects ltd directors
Joint Venture Development Projects Ltd currently has 5 directors. The longest serving directors include Miss Olivia Faith (Jan 2017) and Ms Anoushka Cil (Jan 2017).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Miss Olivia Faith | England | 34 years | Jan 2017 | - | Director |
| Ms Anoushka Cil | England | 49 years | Jan 2017 | - | Director |
| Mr John Faith | England | 77 years | Jan 2017 | - | Director |
| Ms Donna Morrison | United Kingdom | 71 years | Dec 2017 | - | Director |
| Mr Daniel Faith | England | 50 years | Sep 2023 | - | Director |
P&L
April 2024turnover
26.2k
-30%
operating profit
872.9k
0%
gross margin
72.9%
+0.57%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
April 2024net assets
4.1m
+0.19%
total assets
7.3m
+0.09%
cash
137.1k
+13.08%
net assets
Total assets minus all liabilities
joint venture development projects ltd company details
company number
10581911
Type
Private limited with Share Capital
industry
68209 - Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.
incorporation date
January 2017
age
8
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
April 2024
previous names
N/A
accountant
-
auditor
-
address
brooks house 1 albion place, maidstone, ME14 5DY
Bank
-
Legal Advisor
-
joint venture development projects 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 joint venture development projects ltd.
joint venture development projects 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 JOINT VENTURE DEVELOPMENT PROJECTS LTD. This can take several minutes, an email will notify you when this has completed.
joint venture development projects ltd Companies House Filings - See Documents
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