almari developments ltd
almari developments ltd Company Information
Company Number
10948431
Website
-Registered Address
925 finchley road, london, NW11 7PE
Industry
Buying and selling of own real estate
Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.
Telephone
-
Next Accounts Due
June 2025
Group Structure
View All
Shareholders
sharnjit bhalla 66.7%
aanika bhalla 33.3%
almari developments ltd Estimated Valuation
Pomanda estimates the enterprise value of ALMARI DEVELOPMENTS LTD at £684.1k based on a Turnover of £361.3k and 1.89x industry multiple (adjusted for size and gross margin).
almari developments ltd Estimated Valuation
Pomanda estimates the enterprise value of ALMARI DEVELOPMENTS LTD at £0 based on an EBITDA of £-3.2k and a 4.6x industry multiple (adjusted for size and gross margin).
almari developments ltd Estimated Valuation
Pomanda estimates the enterprise value of ALMARI DEVELOPMENTS LTD at £0 based on Net Assets of £-21.3k and 1.54x industry multiple (adjusted for liquidity).
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Almari Developments Ltd Overview
Almari Developments Ltd is a live company located in london, NW11 7PE with a Companies House number of 10948431. It operates in the buying and selling of own real estate sector, SIC Code 68100. Founded in September 2017, it's largest shareholder is sharnjit bhalla with a 66.7% stake. Almari Developments Ltd is a young, micro sized company, Pomanda has estimated its turnover at £361.3k with rapid growth in recent years.
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Almari Developments Ltd Health Check
Pomanda's financial health check has awarded Almari Developments Ltd a 2 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 5 areas for improvement. Company Health Check FAQs
2 Strong
2 Regular
5 Weak
Size
annual sales of £361.3k, make it smaller than the average company (£881.4k)
- Almari Developments Ltd
£881.4k - Industry AVG
Growth
3 year (CAGR) sales growth of 36%, show it is growing at a faster rate (2.6%)
- Almari Developments Ltd
2.6% - Industry AVG
Production
with a gross margin of 27.7%, this company has a higher cost of product (71%)
- Almari Developments Ltd
71% - Industry AVG
Profitability
an operating margin of -0.9% make it less profitable than the average company (27.9%)
- Almari Developments Ltd
27.9% - Industry AVG
Employees
with 2 employees, this is below the industry average (4)
2 - Almari Developments Ltd
4 - Industry AVG
Pay Structure
on an average salary of £35.5k, the company has an equivalent pay structure (£35.5k)
- Almari Developments Ltd
£35.5k - Industry AVG
Efficiency
resulting in sales per employee of £180.6k, this is equally as efficient (£192.9k)
- Almari Developments Ltd
£192.9k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Almari Developments Ltd
- - Industry AVG
Creditor Days
its suppliers are paid after 704 days, this is slower than average (32 days)
- Almari Developments Ltd
32 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Almari Developments Ltd
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Almari Developments Ltd
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 102.2%, this is a higher level of debt than the average (66.4%)
102.2% - Almari Developments Ltd
66.4% - Industry AVG
ALMARI DEVELOPMENTS LTD financials
Almari Developments Ltd's latest turnover from September 2023 is estimated at £361.3 thousand and the company has net assets of -£21.3 thousand. According to their latest financial statements, Almari Developments Ltd has 2 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Sep 2023 | Sep 2022 | Sep 2021 | Sep 2020 | Sep 2019 | Sep 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 | 1 | 1 | |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Sep 2023 | Sep 2022 | Sep 2021 | Sep 2020 | Sep 2019 | Sep 2018 | |
|---|---|---|---|---|---|---|
| Tangible Assets | 992,705 | 957,268 | 434,046 | 434,046 | 0 | 0 |
| 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 | 992,705 | 957,268 | 434,046 | 434,046 | 0 | 0 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 0 | 0 | 0 | 716 | 776 | 908 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 0 | 26,699 | 14,617 | 0 | 0 | 0 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 0 | 26,699 | 14,617 | 716 | 776 | 908 |
| total assets | 992,705 | 983,967 | 448,663 | 434,762 | 776 | 908 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 504,447 | 500,773 | 467,134 | 447,134 | 9,301 | 8,400 |
| 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 | 504,447 | 500,773 | 467,134 | 447,134 | 9,301 | 8,400 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 1,560 | 0 | 0 | 0 | 0 | 288 |
| other liabilities | 508,032 | 501,896 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 509,592 | 501,896 | 0 | 0 | 0 | 288 |
| total liabilities | 1,014,039 | 1,002,669 | 467,134 | 447,134 | 9,301 | 8,688 |
| net assets | -21,334 | -18,702 | -18,471 | -12,372 | -8,525 | -7,780 |
| total shareholders funds | -21,334 | -18,702 | -18,471 | -12,372 | -8,525 | -7,780 |
| Sep 2023 | Sep 2022 | Sep 2021 | Sep 2020 | Sep 2019 | Sep 2018 | |
|---|---|---|---|---|---|---|
| Operating Activities | ||||||
| Operating Profit | ||||||
| Depreciation | 0 | 0 | ||||
| Amortisation | 0 | 0 | ||||
| Tax | ||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 0 | 0 | -716 | -60 | -132 | 908 |
| Creditors | 3,674 | 33,639 | 20,000 | 437,833 | 901 | 8,400 |
| Accruals and Deferred Income | 1,560 | 0 | 0 | 0 | -288 | 288 |
| 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 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 6,136 | 501,896 | 0 | 0 | 0 | 0 |
| share issue | ||||||
| interest | ||||||
| cash flow from financing | ||||||
| cash and cash equivalents | ||||||
| cash | -26,699 | 12,082 | 14,617 | 0 | 0 | 0 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -26,699 | 12,082 | 14,617 | 0 | 0 | 0 |
almari developments ltd Credit Report and Business Information
Almari Developments Ltd Competitor Analysis
Perform a competitor analysis for almari developments ltd by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other micro companies, companies in NW11 area or any other competitors across 12 key performance metrics.
almari developments ltd Ownership
ALMARI DEVELOPMENTS LTD group structure
Almari Developments Ltd has no subsidiary companies.
Ultimate parent company
ALMARI DEVELOPMENTS LTD
10948431
almari developments ltd directors
Almari Developments Ltd currently has 3 directors. The longest serving directors include Mrs Sharnjit Bhalla (Sep 2017) and Mrs Sharnjit Bhalla (Sep 2017).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mrs Sharnjit Bhalla | England | 74 years | Sep 2017 | - | Director |
| Mrs Sharnjit Bhalla | England | 74 years | Sep 2017 | - | Director |
| Ms Aanika Bhalla | England | 45 years | Feb 2022 | - | Director |
P&L
September 2023turnover
361.3k
+2%
operating profit
-3.2k
0%
gross margin
27.7%
+2.36%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
September 2023net assets
-21.3k
+0.14%
total assets
992.7k
+0.01%
cash
0
-1%
net assets
Total assets minus all liabilities
almari developments ltd company details
company number
10948431
Type
Private limited with Share Capital
industry
68100 - Buying and selling of own real estate
68209 - Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.
incorporation date
September 2017
age
7
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
September 2023
previous names
N/A
accountant
-
auditor
-
address
925 finchley road, london, NW11 7PE
Bank
-
Legal Advisor
-
almari developments ltd 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 almari developments ltd. Currently there are 2 open charges and 0 have been satisfied in the past.
almari developments ltd Companies House Filings - See Documents
| date | description | view/download |
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