ashlar developments limited
ashlar developments limited Company Information
Company Number
10902781
Next Accounts
Dec 2025
Shareholders
ro.em corporation ltd
foster property & building group limited
View AllGroup Structure
View All
Industry
Development of building projects
Registered Address
unit 14, the boathouse business centre, wisbech, cambs, PE13 3BH
Website
www.ashlar-devs.co.ukashlar developments limited Estimated Valuation
Pomanda estimates the enterprise value of ASHLAR DEVELOPMENTS LIMITED at £230.4k based on a Turnover of £477.8k and 0.48x industry multiple (adjusted for size and gross margin).
ashlar developments limited Estimated Valuation
Pomanda estimates the enterprise value of ASHLAR DEVELOPMENTS LIMITED at £0 based on an EBITDA of £-477.8k and a 3.81x industry multiple (adjusted for size and gross margin).
ashlar developments limited Estimated Valuation
Pomanda estimates the enterprise value of ASHLAR DEVELOPMENTS LIMITED at £0 based on Net Assets of £-470.9k and 1.41x industry multiple (adjusted for liquidity).
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Ashlar Developments Limited Overview
Ashlar Developments Limited is a live company located in wisbech, PE13 3BH with a Companies House number of 10902781. It operates in the development of building projects sector, SIC Code 41100. Founded in August 2017, it's largest shareholder is ro.em corporation ltd with a 48.1% stake. Ashlar Developments Limited is a young, micro sized company, Pomanda has estimated its turnover at £477.8k with healthy growth in recent years.
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Ashlar Developments Limited Health Check
Pomanda's financial health check has awarded Ashlar Developments Limited a 4 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 5 areas for improvement. Company Health Check FAQs
4 Strong
3 Regular
5 Weak
Size
annual sales of £477.8k, make it smaller than the average company (£2.3m)
- Ashlar Developments Limited
£2.3m - Industry AVG
Growth
3 year (CAGR) sales growth of 14%, show it is growing at a faster rate (6%)
- Ashlar Developments Limited
6% - Industry AVG
Production
with a gross margin of 26.3%, this company has a comparable cost of product (26.3%)
- Ashlar Developments Limited
26.3% - Industry AVG
Profitability
an operating margin of -100.1% make it less profitable than the average company (7.5%)
- Ashlar Developments Limited
7.5% - Industry AVG
Employees
with 2 employees, this is below the industry average (6)
2 - Ashlar Developments Limited
6 - Industry AVG
Pay Structure
on an average salary of £48.3k, the company has an equivalent pay structure (£48.3k)
- Ashlar Developments Limited
£48.3k - Industry AVG
Efficiency
resulting in sales per employee of £238.9k, this is equally as efficient (£277.7k)
- Ashlar Developments Limited
£277.7k - Industry AVG
Debtor Days
it gets paid by customers after 3 days, this is earlier than average (27 days)
- Ashlar Developments Limited
27 days - Industry AVG
Creditor Days
its suppliers are paid after 42 days, this is slower than average (31 days)
- Ashlar Developments Limited
31 days - Industry AVG
Stock Days
it holds stock equivalent to 1392 days, this is more than average (197 days)
- Ashlar Developments Limited
197 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 16 weeks, this is more cash available to meet short term requirements (11 weeks)
16 weeks - Ashlar Developments Limited
11 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 115.9%, this is a higher level of debt than the average (73.8%)
115.9% - Ashlar Developments Limited
73.8% - Industry AVG
ASHLAR DEVELOPMENTS LIMITED financials
Ashlar Developments Limited's latest turnover from March 2024 is estimated at £477.8 thousand and the company has net assets of -£470.9 thousand. According to their latest financial statements, Ashlar Developments Limited has 2 employees and maintains cash reserves of £1.1 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2024 | 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 | 2 | 2 | 2 | 2 | 2 | 2 | |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | |
|---|---|---|---|---|---|---|---|
| Tangible Assets | 2,771 | 3,260 | 3,835 | ||||
| Intangible Assets | |||||||
| Investments & Other | 350,000 | 280,000 | 280,000 | 350,000 | 350,000 | ||
| Debtors (Due After 1 year) | |||||||
| Total Fixed Assets | 2,771 | 3,260 | 353,835 | 280,000 | 280,000 | 350,000 | 350,000 |
| Stock & work in progress | 1,343,645 | 3,214,765 | 2,641,751 | 727,341 | 1,312,071 | 987,968 | 1,015,036 |
| Trade Debtors | 4,605 | 18,094 | 17,299 | 10,300 | 13,035 | ||
| Group Debtors | 50 | 50 | 50 | ||||
| Misc Debtors | 514,941 | 171,697 | 28,633 | 27,597 | 17,426 | 21,992 | 696 |
| Cash | 1,104,358 | 141,783 | 132,380 | 461,479 | 19,979 | 614,193 | 39,866 |
| misc current assets | |||||||
| total current assets | 2,967,549 | 3,528,245 | 2,820,858 | 1,233,766 | 1,359,826 | 1,624,203 | 1,068,633 |
| total assets | 2,970,320 | 3,531,505 | 3,174,693 | 1,513,766 | 1,639,826 | 1,974,203 | 1,418,633 |
| Bank overdraft | |||||||
| Bank loan | 9,687 | 9,687 | 9,687 | 7,108 | |||
| Trade Creditors | 41,089 | 926,038 | 400,333 | 14,409 | 114,377 | 4,695 | |
| Group/Directors Accounts | 1,214,965 | 1,214,965 | 1,214,965 | 694,965 | 754,965 | 1,824,965 | 1,419,915 |
| other short term finances | |||||||
| hp & lease commitments | |||||||
| other current liabilities | 2,161,051 | 1,379,421 | 1,590,641 | 1,001,195 | 1,023,990 | 101,812 | 1,500 |
| total current liabilities | 3,426,792 | 3,530,111 | 3,215,626 | 1,717,677 | 1,893,332 | 1,931,472 | 1,421,415 |
| loans | 14,424 | 23,519 | 33,206 | 42,892 | |||
| hp & lease commitments | |||||||
| Accruals and Deferred Income | |||||||
| other liabilities | |||||||
| provisions | |||||||
| total long term liabilities | 14,424 | 23,519 | 33,206 | 42,892 | |||
| total liabilities | 3,441,216 | 3,553,630 | 3,248,832 | 1,760,569 | 1,893,332 | 1,931,472 | 1,421,415 |
| net assets | -470,896 | -22,125 | -74,139 | -246,803 | -253,506 | 42,731 | -2,782 |
| total shareholders funds | -470,896 | -22,125 | -74,139 | -246,803 | -253,506 | 42,731 | -2,782 |
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | |
|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||
| Operating Profit | |||||||
| Depreciation | 489 | 575 | 246 | ||||
| Amortisation | |||||||
| Tax | |||||||
| Stock | -1,871,120 | 573,014 | 1,914,410 | -584,730 | 324,103 | -27,068 | 1,015,036 |
| Debtors | 347,849 | 124,970 | 1,781 | 17,170 | 5,734 | 8,311 | 13,731 |
| Creditors | -884,949 | 525,705 | 385,924 | -99,968 | 109,682 | 4,695 | |
| Accruals and Deferred Income | 781,630 | -211,220 | 589,446 | -22,795 | 922,178 | 100,312 | 1,500 |
| Deferred Taxes & Provisions | |||||||
| Cash flow from operations | |||||||
| Investing Activities | |||||||
| capital expenditure | |||||||
| Change in Investments | -350,000 | 70,000 | -70,000 | 350,000 | |||
| cash flow from investments | |||||||
| Financing Activities | |||||||
| Bank loans | 2,579 | 7,108 | |||||
| Group/Directors Accounts | 520,000 | -60,000 | -1,070,000 | 405,050 | 1,419,915 | ||
| Other Short Term Loans | |||||||
| Long term loans | -9,095 | -9,687 | -9,686 | 42,892 | |||
| Hire Purchase and Lease Commitments | |||||||
| other long term liabilities | |||||||
| share issue | |||||||
| interest | |||||||
| cash flow from financing | |||||||
| cash and cash equivalents | |||||||
| cash | 962,575 | 9,403 | -329,099 | 441,500 | -594,214 | 574,327 | 39,866 |
| overdraft | |||||||
| change in cash | 962,575 | 9,403 | -329,099 | 441,500 | -594,214 | 574,327 | 39,866 |
ashlar developments limited Credit Report and Business Information
Ashlar Developments Limited Competitor Analysis
Perform a competitor analysis for ashlar developments limited by selecting its closest rivals, whether from the CONSTRUCTION sector, other micro companies, companies in PE13 area or any other competitors across 12 key performance metrics.
ashlar developments limited Ownership
ASHLAR DEVELOPMENTS LIMITED group structure
Ashlar Developments Limited has no subsidiary companies.
Ultimate parent company
ASHLAR DEVELOPMENTS LIMITED
10902781
ashlar developments limited directors
Ashlar Developments Limited currently has 2 directors. The longest serving directors include Mr Kristian Gleave (Aug 2017) and Mr Steven Foster (Aug 2017).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Kristian Gleave | United Kingdom | 46 years | Aug 2017 | - | Director |
| Mr Steven Foster | United Kingdom | 50 years | Aug 2017 | - | Director |
P&L
March 2024turnover
477.8k
-90%
operating profit
-478.3k
0%
gross margin
26.3%
+1.54%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2024net assets
-470.9k
+20.28%
total assets
3m
-0.16%
cash
1.1m
+6.79%
net assets
Total assets minus all liabilities
ashlar developments limited company details
company number
10902781
Type
Private limited with Share Capital
industry
41100 - Development of building projects
incorporation date
August 2017
age
8
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
March 2024
previous names
N/A
accountant
TC GROUP
auditor
-
address
unit 14, the boathouse business centre, wisbech, cambs, PE13 3BH
Bank
-
Legal Advisor
-
ashlar 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 ashlar developments limited. Currently there are 1 open charges and 1 have been satisfied in the past.
ashlar 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.
Click to start generating capital raising & share issue transactions for ASHLAR DEVELOPMENTS LIMITED. This can take several minutes, an email will notify you when this has completed.
ashlar developments limited Companies House Filings - See Documents
| date | description | view/download |
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