meadowgate developments limited

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meadowgate developments limited Company Information

Share MEADOWGATE DEVELOPMENTS LIMITED

Company Number

10672704

Shareholders

ies properties limited

christopher mark cunliffe

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Group Structure

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Industry

Construction of domestic buildings

 

Registered Address

temple street works, temple street, oldham, OL1 3NJ

Website

-

meadowgate developments limited Estimated Valuation

£28.6k

Pomanda estimates the enterprise value of MEADOWGATE DEVELOPMENTS LIMITED at £28.6k based on a Turnover of £81.8k and 0.35x industry multiple (adjusted for size and gross margin).

meadowgate developments limited Estimated Valuation

£2k

Pomanda estimates the enterprise value of MEADOWGATE DEVELOPMENTS LIMITED at £2k based on an EBITDA of £622 and a 3.15x industry multiple (adjusted for size and gross margin).

meadowgate developments limited Estimated Valuation

£54.7k

Pomanda estimates the enterprise value of MEADOWGATE DEVELOPMENTS LIMITED at £54.7k based on Net Assets of £40.8k and 1.34x industry multiple (adjusted for liquidity).

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Meadowgate Developments Limited Overview

Meadowgate Developments Limited is a live company located in oldham, OL1 3NJ with a Companies House number of 10672704. It operates in the construction of domestic buildings sector, SIC Code 41202. Founded in March 2017, it's largest shareholder is ies properties limited with a 50% stake. Meadowgate Developments Limited is a young, micro sized company, Pomanda has estimated its turnover at £81.8k with declining growth in recent years.

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Meadowgate Developments Limited Health Check

Pomanda's financial health check has awarded Meadowgate Developments Limited a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 7 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating1.5out of 5
positive_score

1 Strong

positive_score

3 Regular

positive_score

7 Weak

size

Size

annual sales of £81.8k, make it smaller than the average company (£381.9k)

£81.8k - Meadowgate Developments Limited

£381.9k - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -33%, show it is growing at a slower rate (6.8%)

-33% - Meadowgate Developments Limited

6.8% - Industry AVG

production

Production

with a gross margin of 19.6%, this company has a comparable cost of product (19.6%)

19.6% - Meadowgate Developments Limited

19.6% - Industry AVG

profitability

Profitability

an operating margin of 0.8% make it less profitable than the average company (4.5%)

0.8% - Meadowgate Developments Limited

4.5% - Industry AVG

employees

Employees

with 1 employees, this is below the industry average (3)

1 - Meadowgate Developments Limited

3 - Industry AVG

paystructure

Pay Structure

on an average salary of £39.9k, the company has an equivalent pay structure (£39.9k)

£39.9k - Meadowgate Developments Limited

£39.9k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £81.8k, this is less efficient (£164.4k)

£81.8k - Meadowgate Developments Limited

£164.4k - Industry AVG

debtordays

Debtor Days

There is insufficient data available for this Key Performance Indicator!

- - Meadowgate Developments Limited

- - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 35 days, this is slower than average (29 days)

35 days - Meadowgate Developments Limited

29 days - Industry AVG

stockdays

Stock Days

it holds stock equivalent to 699 days, this is more than average (295 days)

699 days - Meadowgate Developments Limited

295 days - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (13 weeks)

0 weeks - Meadowgate Developments Limited

13 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 68.2%, this is a similar level of debt than the average (70.5%)

68.2% - Meadowgate Developments Limited

70.5% - Industry AVG

MEADOWGATE DEVELOPMENTS LIMITED financials

EXPORTms excel logo

Meadowgate Developments Limited's latest turnover from September 2024 is estimated at £81.8 thousand and the company has net assets of £40.8 thousand. According to their latest financial statements, we estimate that Meadowgate Developments Limited has 1 employee and maintains cash reserves of £429 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Sep 2024Sep 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018
Turnover81,77492,521146,658269,774666,287918,077799,553
Other Income Or Grants
Cost Of Sales65,75973,355119,676221,626538,100722,249625,762
Gross Profit16,01519,16726,98348,149128,188195,828173,791
Admin Expenses15,39218,89628,598-22,864145,427189,567174,943
Operating Profit623271-1,61571,013-17,2396,261-1,152
Interest Payable2,2511,417
Interest Receivable3740612217
Pre-Tax Profit-1,591-1,106-1,60971,014-17,2376,283-1,145
Tax-13,493-1,194
Profit After Tax-1,591-1,106-1,60957,521-17,2375,089-1,145
Dividends Paid
Retained Profit-1,591-1,106-1,60957,521-17,2375,089-1,145
Employee Costs39,90941,74040,195148,352151,711208,321196,963
Number Of Employees1114455
EBITDA*623271-1,61571,013-17,2396,261-1,152

* Earnings Before Interest, Tax, Depreciation and Amortisation

Sep 2024Sep 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018
Tangible Assets
Intangible Assets
Investments & Other636363636363
Debtors (Due After 1 year)
Total Fixed Assets636363636363
Stock & work in progress125,947124,684103,872102,468438,541287,518164,645
Trade Debtors753
Group Debtors
Misc Debtors1,9411,9857271,8783,3501,897
Cash4291,0684481,2615642,8542,813
misc current assets
total current assets128,317127,737105,047106,360439,105293,722169,355
total assets128,380127,800105,110106,423439,168293,785169,355
Bank overdraft
Bank loan
Trade Creditors 6,4508,116
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities65,36752,08561,59161,295451,561288,941169,600
total current liabilities71,81760,20161,59161,295451,561288,941169,600
loans15,74125,186
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
total long term liabilities15,74125,186
total liabilities87,55885,38761,59161,295451,561288,941169,600
net assets40,82242,41343,51945,128-12,3934,844-245
total shareholders funds40,82242,41343,51945,128-12,3934,844-245
Sep 2024Sep 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018
Operating Activities
Operating Profit623271-1,61571,013-17,2396,261-1,152
Depreciation
Amortisation
Tax-13,493-1,194
Stock1,26320,8121,404-336,073151,023122,873164,645
Debtors-441,258-1,9042,631-3,3501,4531,897
Creditors-1,6668,116
Accruals and Deferred Income13,282-9,506296-390,266162,620119,341169,600
Deferred Taxes & Provisions
Cash flow from operations11,020-23,189-819696-2,292821,906
Investing Activities
capital expenditure
Change in Investments63
cash flow from investments-63
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans-9,44525,186
Hire Purchase and Lease Commitments
other long term liabilities
share issue900
interest-2,214-1,377612217
cash flow from financing-11,65923,80961221907
cash and cash equivalents
cash-639620-813697-2,290412,813
overdraft
change in cash-639620-813697-2,290412,813

meadowgate developments limited 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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Meadowgate Developments Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for meadowgate developments limited by selecting its closest rivals, whether from the CONSTRUCTION sector, other micro companies, companies in OL1 area or any other competitors across 12 key performance metrics.

meadowgate developments limited Ownership

MEADOWGATE DEVELOPMENTS LIMITED group structure

Meadowgate Developments Limited has no subsidiary companies.

Ultimate parent company

MEADOWGATE DEVELOPMENTS LIMITED

10672704

MEADOWGATE DEVELOPMENTS LIMITED Shareholders

ies properties limited 50%
christopher mark cunliffe 25%
daniel wildbure 25%

meadowgate developments limited directors

Meadowgate Developments Limited currently has 2 directors. The longest serving directors include Mr Daniel Wildbure (Mar 2017) and Mr Christopher Cunliffe (Mar 2017).

officercountryagestartendrole
Mr Daniel WildbureEngland53 years Mar 2017- Director
Mr Christopher CunliffeEngland42 years Mar 2017- Director

P&L

September 2024

turnover

81.8k

-12%

operating profit

622.6

0%

gross margin

19.6%

-5.46%

turnover

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

Balance Sheet

September 2024

net assets

40.8k

-0.04%

total assets

128.4k

0%

cash

429

-0.6%

net assets

Total assets minus all liabilities

meadowgate developments limited company details

company number

10672704

Type

Private limited with Share Capital

industry

41202 - Construction of domestic buildings

incorporation date

March 2017

age

8

incorporated

UK

ultimate parent company

None

accounts

Total Exemption Full

last accounts submitted

September 2024

previous names

N/A

accountant

-

auditor

-

address

temple street works, temple street, oldham, OL1 3NJ

Bank

-

Legal Advisor

-

meadowgate developments 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 found 2 charges/mortgages relating to meadowgate developments limited. Currently there are 2 open charges and 0 have been satisfied in the past.

meadowgate developments limited 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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meadowgate developments limited Companies House Filings - See Documents

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