mazzard developments 2 limited
mazzard developments 2 limited Company Information
Company Number
10675076
Website
-Registered Address
the old smithy filleigh, barnstaple, devon, EX32 0RS
Industry
Development of building projects
Telephone
-
Next Accounts Due
December 2024
Group Structure
View All
Shareholders
edward burton 33.3%
stephen rainbow 33.3%
View Allmazzard developments 2 limited Estimated Valuation
Pomanda estimates the enterprise value of MAZZARD DEVELOPMENTS 2 LIMITED at £3.7k based on a Turnover of £9.8k and 0.38x industry multiple (adjusted for size and gross margin).
mazzard developments 2 limited Estimated Valuation
Pomanda estimates the enterprise value of MAZZARD DEVELOPMENTS 2 LIMITED at £0 based on an EBITDA of £-3.2k and a 2.75x industry multiple (adjusted for size and gross margin).
mazzard developments 2 limited Estimated Valuation
Pomanda estimates the enterprise value of MAZZARD DEVELOPMENTS 2 LIMITED at £0 based on Net Assets of £-777 and 1.55x industry multiple (adjusted for liquidity).
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Mazzard Developments 2 Limited Overview
Mazzard Developments 2 Limited is a live company located in devon, EX32 0RS with a Companies House number of 10675076. It operates in the development of building projects sector, SIC Code 41100. Founded in March 2017, it's largest shareholder is edward burton with a 33.3% stake. Mazzard Developments 2 Limited is a young, micro sized company, Pomanda has estimated its turnover at £9.8k with declining growth in recent years.
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Mazzard Developments 2 Limited Health Check
Pomanda's financial health check has awarded Mazzard Developments 2 Limited 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
1 Strong
1 Regular
8 Weak
Size
annual sales of £9.8k, make it smaller than the average company (£2.1m)
- Mazzard Developments 2 Limited
£2.1m - Industry AVG
Growth
3 year (CAGR) sales growth of -87%, show it is growing at a slower rate (2.1%)
- Mazzard Developments 2 Limited
2.1% - Industry AVG
Production
with a gross margin of 9.1%, this company has a higher cost of product (25.6%)
- Mazzard Developments 2 Limited
25.6% - Industry AVG
Profitability
an operating margin of -32.3% make it less profitable than the average company (8.7%)
- Mazzard Developments 2 Limited
8.7% - Industry AVG
Employees
with 1 employees, this is below the industry average (6)
- Mazzard Developments 2 Limited
6 - Industry AVG
Pay Structure
on an average salary of £46.9k, the company has an equivalent pay structure (£46.9k)
- Mazzard Developments 2 Limited
£46.9k - Industry AVG
Efficiency
resulting in sales per employee of £9.8k, this is less efficient (£277.5k)
- Mazzard Developments 2 Limited
£277.5k - Industry AVG
Debtor Days
it gets paid by customers after 69 days, this is later than average (29 days)
- Mazzard Developments 2 Limited
29 days - Industry AVG
Creditor Days
its suppliers are paid after 108 days, this is slower than average (31 days)
- Mazzard Developments 2 Limited
31 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Mazzard Developments 2 Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Mazzard Developments 2 Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 141.8%, this is a higher level of debt than the average (74.9%)
141.8% - Mazzard Developments 2 Limited
74.9% - Industry AVG
MAZZARD DEVELOPMENTS 2 LIMITED financials
Mazzard Developments 2 Limited's latest turnover from March 2023 is estimated at £9.8 thousand and the company has net assets of -£777. According to their latest financial statements, we estimate that Mazzard Developments 2 Limited has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 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 | |||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | |
|---|---|---|---|---|---|---|
| Tangible Assets | 0 | 0 | 0 | 0 | 0 | 36,600 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 0 | 0 | 0 | 0 | 0 | 36,600 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 1,859 | 14,678 | 868,753 | 2,062,030 | 552,570 | 2,565 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 0 | 0 | 0 | 0 | 0 | 11,135 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 1,859 | 14,678 | 868,753 | 2,062,030 | 552,570 | 13,700 |
| total assets | 1,859 | 14,678 | 868,753 | 2,062,030 | 552,570 | 50,300 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 2,636 | 12,299 | 224,104 | 90,354 | 1,070 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 0 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 2,636 | 12,299 | 224,104 | 90,354 | 1,070 | 0 |
| loans | 0 | 0 | 0 | 0 | 0 | 50,000 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 1,422,139 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 1,422,139 | 0 | 50,000 |
| total liabilities | 2,636 | 12,299 | 224,104 | 1,512,493 | 1,070 | 50,000 |
| net assets | -777 | 2,379 | 644,649 | 549,537 | 551,500 | 300 |
| total shareholders funds | -777 | 2,379 | 644,649 | 549,537 | 551,500 | 300 |
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | |
|---|---|---|---|---|---|---|
| Operating Activities | ||||||
| Operating Profit | ||||||
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | ||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | -12,819 | -854,075 | -1,193,277 | 1,509,460 | 550,005 | 2,565 |
| Creditors | -9,663 | -211,805 | 133,750 | 89,284 | 1,070 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | ||||||
| Investing Activities | ||||||
| capital expenditure | ||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | ||||||
| Financing Activities | ||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | -50,000 | 50,000 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | -1,422,139 | 1,422,139 | 0 | 0 |
| share issue | ||||||
| interest | ||||||
| cash flow from financing | ||||||
| cash and cash equivalents | ||||||
| cash | 0 | 0 | 0 | 0 | -11,135 | 11,135 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 0 | 0 | 0 | 0 | -11,135 | 11,135 |
mazzard developments 2 limited Credit Report and Business Information
Mazzard Developments 2 Limited Competitor Analysis
Perform a competitor analysis for mazzard developments 2 limited by selecting its closest rivals, whether from the CONSTRUCTION sector, other micro companies, companies in EX32 area or any other competitors across 12 key performance metrics.
mazzard developments 2 limited Ownership
MAZZARD DEVELOPMENTS 2 LIMITED group structure
Mazzard Developments 2 Limited has no subsidiary companies.
Ultimate parent company
MAZZARD DEVELOPMENTS 2 LIMITED
10675076
mazzard developments 2 limited directors
Mazzard Developments 2 Limited currently has 3 directors. The longest serving directors include Mr James Windsor (Mar 2017) and Mr Stephen Rainbow (Mar 2017).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr James Windsor | United Kingdom | 45 years | Mar 2017 | - | Director |
| Mr Stephen Rainbow | United Kingdom | 61 years | Mar 2017 | - | Director |
| Mr Edward Burton | United Kingdom | 61 years | Mar 2017 | - | Director |
P&L
March 2023turnover
9.8k
-84%
operating profit
-3.2k
0%
gross margin
9.2%
+5.67%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2023net assets
-777
-1.33%
total assets
1.9k
-0.87%
cash
0
0%
net assets
Total assets minus all liabilities
mazzard developments 2 limited company details
company number
10675076
Type
Private limited with Share Capital
industry
41100 - Development of building projects
incorporation date
March 2017
age
7
incorporated
UK
accounts
Micro-Entity Accounts
ultimate parent company
previous names
N/A
last accounts submitted
March 2023
address
the old smithy filleigh, barnstaple, devon, EX32 0RS
accountant
AZETS
auditor
-
mazzard developments 2 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 4 charges/mortgages relating to mazzard developments 2 limited. Currently there are 2 open charges and 2 have been satisfied in the past.
mazzard developments 2 limited Companies House Filings - See Documents
| date | description | view/download |
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