Pomanda estimates the enterprise value of ISLAND NEW DEVELOPMENTS LTD at £1m based on a Turnover of £2m and 0.51x industry multiple (adjusted for size and gross margin).
island new developments ltdEstimated Valuation
£0
Pomanda estimates the enterprise value of ISLAND NEW DEVELOPMENTS LTD at £0 based on an EBITDA of £-572 and a 3.88x industry multiple (adjusted for size and gross margin).
island new developments ltdEstimated Valuation
£132.6k
Pomanda estimates the enterprise value of ISLAND NEW DEVELOPMENTS LTD at £132.6k based on Net Assets of £95.6k and 1.39x industry multiple (adjusted for liquidity).
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Island New Developments LtdOverview
Island New Developments Ltd is a live company located in sandown, PO36 9JP with a Companies House number of 10789601. It operates in the development of building projects sector, SIC Code 41100. Founded in May 2017, it's largest shareholder is
gary peter denham
with a 50% stake. Island New Developments Ltd is a young,
small sized company, Pomanda has estimated its turnover at
£2m with
unknown
growth in recent years.
Pomanda's financial health check has awarded Island New Developments Ltd a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 4 areas for improvement. Company Health Check FAQs
Health Rating1.5out of 5
1 Strong
4 Regular
4 Weak
Size
annual sales of £2m, make it in line with the average company (£2.1m)
£2m - Island New Developments Ltd
£2.1m - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- - Island New Developments Ltd
- - Industry AVG
Production
with a gross margin of 26.6%, this company has a comparable cost of product (26.6%)
26.6% - Island New Developments Ltd
26.6% - Industry AVG
Profitability
an operating margin of 0% make it less profitable than the average company (7.3%)
0% - Island New Developments Ltd
7.3% - Industry AVG
Employees
with 8 employees, this is above the industry average (6)
8 - Island New Developments Ltd
6 - Industry AVG
Pay Structure
on an average salary of £48.7k, the company has an equivalent pay structure (£48.7k)
£48.7k - Island New Developments Ltd
£48.7k - Industry AVG
Efficiency
resulting in sales per employee of £247.6k, this is equally as efficient (£272k)
£247.6k - Island New Developments Ltd
£272k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- - Island New Developments Ltd
- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- - Island New Developments Ltd
- - Industry AVG
Stock Days
it holds stock equivalent to 347 days, this is more than average (187 days)
347 days - Island New Developments Ltd
187 days - Industry AVG
Cash Balance
has cash to cover current liabilities
for 1 weeks, this is less cash available to meet short term requirements (11 weeks)
1 weeks - Island New Developments Ltd
11 weeks - 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 (73%)
93.2% - Island New Developments Ltd
73% - Industry AVG
ISLAND NEW DEVELOPMENTS LTD financials
EXPORT
Island New Developments Ltd's latest turnover from May 2024 is estimated at £2 million and the company has net assets of £95.6 thousand. According to their latest financial statements, we estimate that Island New Developments Ltd has 8 employees and maintains cash reserves of £15.6 thousand as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
May 2024
May 2023
May 2022
May 2021
May 2020
May 2019
May 2018
Turnover
1,980,552
741,399
261,673
174,711
Other Income Or Grants
Cost Of Sales
1,453,669
545,094
193,666
125,578
Gross Profit
526,883
196,305
68,008
49,134
Admin Expenses
527,456
204,667
3,231
963
-58,398
49,299
Operating Profit
-573
-8,362
-3,231
-963
126,406
-165
Interest Payable
Interest Receivable
454
4,607
1,021
153
175
165
Pre-Tax Profit
-119
-3,755
-2,210
-810
126,580
Tax
-24,050
Profit After Tax
-119
-3,755
-2,210
-810
102,530
Dividends Paid
Retained Profit
-119
-3,755
-2,210
-810
102,530
Employee Costs
389,568
93,041
43,047
42,332
Number Of Employees
8
2
1
1
EBITDA*
-573
-8,362
-3,231
-963
126,406
-165
* Earnings Before Interest, Tax, Depreciation and Amortisation
May 2024
May 2023
May 2022
May 2021
May 2020
May 2019
May 2018
Tangible Assets
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
Stock & work in progress
1,385,575
627,081
49,436
Trade Debtors
Group Debtors
Misc Debtors
14,072
14,072
580
151,044
2
Cash
15,629
1,662
203,095
1,122
304,975
44,044
misc current assets
156
156
675
156
total current assets
1,415,432
642,971
204,350
152,322
304,975
93,480
2
total assets
1,415,432
642,971
204,350
152,322
304,975
93,480
2
Bank overdraft
Bank loan
Trade Creditors
27,000
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
780,809
449,809
61,505
600
202,443
66,478
total current liabilities
780,809
449,809
61,505
600
202,443
93,478
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
538,985
97,405
43,333
50,000
provisions
total long term liabilities
538,985
97,405
43,333
50,000
total liabilities
1,319,794
547,214
104,838
50,600
202,443
93,478
net assets
95,638
95,757
99,512
101,722
102,532
2
2
total shareholders funds
95,638
95,757
99,512
101,722
102,532
2
2
May 2024
May 2023
May 2022
May 2021
May 2020
May 2019
May 2018
Operating Activities
Operating Profit
-573
-8,362
-3,231
-963
126,406
-165
Depreciation
Amortisation
Tax
-24,050
Stock
758,494
627,081
-49,436
49,436
Debtors
13,492
-150,464
151,044
-2
2
Creditors
-27,000
27,000
Accruals and Deferred Income
331,000
388,304
60,905
-201,843
135,965
66,478
Deferred Taxes & Provisions
Cash flow from operations
-428,067
-260,631
208,138
-353,850
260,757
43,879
-2
Investing Activities
capital expenditure
Change in Investments
cash flow from investments
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
441,580
54,072
-6,667
50,000
share issue
2
interest
454
4,607
1,021
153
175
165
cash flow from financing
442,034
58,679
-5,646
50,153
175
165
2
cash and cash equivalents
cash
13,967
-201,433
201,973
-303,853
260,931
44,044
overdraft
change in cash
13,967
-201,433
201,973
-303,853
260,931
44,044
island new developments ltd Credit Report and Business Information
Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
Get a comprehensive credit check for island new developments ltd. Get real-time insights into island new developments ltd's credit score, group structure and payment trends.
Perform a competitor analysis for island new developments ltd by selecting its closest rivals, whether from the CONSTRUCTION sector, other small companies, companies in PO36 area or any other competitors across 12 key performance metrics.
island new developments ltd Ownership
ISLAND NEW DEVELOPMENTS LTD group structure
Island New Developments Ltd has no subsidiary companies.
Ultimate parent company
ISLAND NEW DEVELOPMENTS LTD
10789601
ISLAND NEW DEVELOPMENTS LTD Shareholders
The largest shareholders in Island New Developments Ltd include Gary Peter Denham and Jeremy Peter Hannan.
gary peter denham
50%
jeremy peter hannan
50%
island new developments ltd directors
Island New Developments Ltd currently has 2 directors.
The longest serving directors include
Mr Jeremy Hannan (May 2017) and
Mr Gary Denham (Jun 2021).
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 3 charges/mortgages relating to island new developments ltd. Currently there are 2 open charges and 1 have been satisfied in the past.
island new developments 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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island new developments ltdCompanies House Filings - See Documents
