fairfields developments (west midlands) limited
fairfields developments (west midlands) limited Company Information
Company Number
10650779
Website
taylorwimpey.co.ukRegistered Address
135 hockley hill, birmingham, west midlands, B18 5AN
Industry
Buying and selling of own real estate
Telephone
-
Next Accounts Due
November 2025
Group Structure
View All
Shareholders
mark alan rollauer 40%
peter stefan rollauer 40%
View Allfairfields developments (west midlands) limited Estimated Valuation
Pomanda estimates the enterprise value of FAIRFIELDS DEVELOPMENTS (WEST MIDLANDS) LIMITED at £1.7m based on a Turnover of £1m and 1.67x industry multiple (adjusted for size and gross margin).
fairfields developments (west midlands) limited Estimated Valuation
Pomanda estimates the enterprise value of FAIRFIELDS DEVELOPMENTS (WEST MIDLANDS) LIMITED at £183.2k based on an EBITDA of £41.7k and a 4.39x industry multiple (adjusted for size and gross margin).
fairfields developments (west midlands) limited Estimated Valuation
Pomanda estimates the enterprise value of FAIRFIELDS DEVELOPMENTS (WEST MIDLANDS) LIMITED at £198.7k based on Net Assets of £136.3k and 1.46x industry multiple (adjusted for liquidity).
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Fairfields Developments (west Midlands) Limited Overview
Fairfields Developments (west Midlands) Limited is a live company located in west midlands, B18 5AN with a Companies House number of 10650779. It operates in the buying and selling of own real estate sector, SIC Code 68100. Founded in March 2017, it's largest shareholder is mark alan rollauer with a 40% stake. Fairfields Developments (west Midlands) Limited is a young, small sized company, Pomanda has estimated its turnover at £1m with high growth in recent years.
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Fairfields Developments (west Midlands) Limited Health Check
Pomanda's financial health check has awarded Fairfields Developments (West Midlands) Limited a 2.5 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
3 Strong
1 Regular
6 Weak
Size
annual sales of £1m, make it larger than the average company (£830.5k)
- Fairfields Developments (west Midlands) Limited
£830.5k - Industry AVG
Growth
3 year (CAGR) sales growth of 16%, show it is growing at a faster rate (3%)
- Fairfields Developments (west Midlands) Limited
3% - Industry AVG
Production
with a gross margin of 28.5%, this company has a higher cost of product (70.2%)
- Fairfields Developments (west Midlands) Limited
70.2% - Industry AVG
Profitability
an operating margin of 4.1% make it less profitable than the average company (27.3%)
- Fairfields Developments (west Midlands) Limited
27.3% - Industry AVG
Employees
with 3 employees, this is below the industry average (4)
3 - Fairfields Developments (west Midlands) Limited
4 - Industry AVG
Pay Structure
on an average salary of £38.6k, the company has an equivalent pay structure (£38.6k)
- Fairfields Developments (west Midlands) Limited
£38.6k - Industry AVG
Efficiency
resulting in sales per employee of £337.1k, this is more efficient (£195k)
- Fairfields Developments (west Midlands) Limited
£195k - Industry AVG
Debtor Days
it gets paid by customers after 121 days, this is later than average (24 days)
- Fairfields Developments (west Midlands) Limited
24 days - Industry AVG
Creditor Days
its suppliers are paid after 4 days, this is quicker than average (30 days)
- Fairfields Developments (west Midlands) Limited
30 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Fairfields Developments (west Midlands) Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Fairfields Developments (west Midlands) Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 93.2%, this is a higher level of debt than the average (62.5%)
93.2% - Fairfields Developments (west Midlands) Limited
62.5% - Industry AVG
FAIRFIELDS DEVELOPMENTS (WEST MIDLANDS) LIMITED financials
Fairfields Developments (West Midlands) Limited's latest turnover from February 2024 is estimated at £1 million and the company has net assets of £136.3 thousand. According to their latest financial statements, Fairfields Developments (West Midlands) Limited has 3 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Feb 2024 | Feb 2023 | Feb 2022 | Feb 2021 | Feb 2020 | Feb 2019 | Mar 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 | 3 | 3 | 3 | 3 | 3 | ||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Feb 2024 | Feb 2023 | Feb 2022 | Feb 2021 | Feb 2020 | Feb 2019 | Mar 2018 | |
|---|---|---|---|---|---|---|---|
| Tangible Assets | 1,672,391 | 1,502,032 | 1,502,032 | 1,502,032 | 1,068,947 | 821,493 | 490,159 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 1,672,391 | 1,502,032 | 1,502,032 | 1,502,032 | 1,068,947 | 821,493 | 490,159 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 335,571 | 398,545 | 362,068 | 284,674 | 558,144 | 98,212 | 2,209 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 360 | 0 |
| total current assets | 335,571 | 398,545 | 362,068 | 284,674 | 558,144 | 98,572 | 2,209 |
| total assets | 2,007,962 | 1,900,577 | 1,864,100 | 1,786,706 | 1,627,091 | 920,065 | 492,368 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 9,326 | 8,409 | 8,100 | 5,340 | 3,199 | 190 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 9,326 | 8,409 | 8,100 | 5,340 | 3,199 | 190 | 0 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 1,300 | 1,100 | 1,000 | 912 | 1,220 | 840 | 800 |
| other liabilities | 1,861,034 | 1,786,034 | 1,786,034 | 1,746,017 | 1,611,000 | 921,000 | 501,000 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 1,862,334 | 1,787,134 | 1,787,034 | 1,746,929 | 1,612,220 | 921,840 | 501,800 |
| total liabilities | 1,871,660 | 1,795,543 | 1,795,134 | 1,752,269 | 1,615,419 | 922,030 | 501,800 |
| net assets | 136,302 | 105,034 | 68,966 | 34,437 | 11,672 | -1,965 | -9,432 |
| total shareholders funds | 136,302 | 105,034 | 68,966 | 34,437 | 11,672 | -1,965 | -9,432 |
| Feb 2024 | Feb 2023 | Feb 2022 | Feb 2021 | Feb 2020 | Feb 2019 | Mar 2018 | |
|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||
| Operating Profit | |||||||
| Depreciation | 0 | 0 | 0 | ||||
| Amortisation | 0 | 0 | 0 | ||||
| Tax | |||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | -62,974 | 36,477 | 77,394 | -273,470 | 459,932 | 96,003 | 2,209 |
| Creditors | 917 | 309 | 2,760 | 2,141 | 3,009 | 190 | 0 |
| Accruals and Deferred Income | 200 | 100 | 88 | -308 | 380 | 40 | 800 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | |||||||
| Investing Activities | |||||||
| capital expenditure | |||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | |||||||
| Financing Activities | |||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 75,000 | 0 | 40,017 | 135,017 | 690,000 | 420,000 | 501,000 |
| share issue | |||||||
| interest | |||||||
| cash flow from financing | |||||||
| cash and cash equivalents | |||||||
| cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
fairfields developments (west midlands) limited Credit Report and Business Information
Fairfields Developments (west Midlands) Limited Competitor Analysis
Perform a competitor analysis for fairfields developments (west midlands) limited by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other small companies, companies in B18 area or any other competitors across 12 key performance metrics.
fairfields developments (west midlands) limited Ownership
FAIRFIELDS DEVELOPMENTS (WEST MIDLANDS) LIMITED group structure
Fairfields Developments (West Midlands) Limited has no subsidiary companies.
Ultimate parent company
FAIRFIELDS DEVELOPMENTS (WEST MIDLANDS) LIMITED
10650779
fairfields developments (west midlands) limited directors
Fairfields Developments (West Midlands) Limited currently has 3 directors. The longest serving directors include Mr Andrew Rollauer (Mar 2017) and Mr Peter Rollauer (Mar 2017).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Andrew Rollauer | United Kingdom | 37 years | Mar 2017 | - | Director |
| Mr Peter Rollauer | United Kingdom | 65 years | Mar 2017 | - | Director |
| Mr Mark Rollauer | United Kingdom | 70 years | Mar 2017 | - | Director |
P&L
February 2024turnover
1m
-4%
operating profit
41.7k
0%
gross margin
28.6%
+3.99%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
February 2024net assets
136.3k
+0.3%
total assets
2m
+0.06%
cash
0
0%
net assets
Total assets minus all liabilities
fairfields developments (west midlands) limited company details
company number
10650779
Type
Private limited with Share Capital
industry
68100 - Buying and selling of own real estate
incorporation date
March 2017
age
7
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
February 2024
previous names
N/A
accountant
R & A BURNS LIMITED
auditor
-
address
135 hockley hill, birmingham, west midlands, B18 5AN
Bank
-
Legal Advisor
-
fairfields developments (west midlands) 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 fairfields developments (west midlands) limited.
fairfields developments (west midlands) limited Companies House Filings - See Documents
| date | description | view/download |
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