w2 property developments limited
w2 property developments limited Company Information
Company Number
10975780
Next Accounts
Dec 2024
Industry
Development of building projects
Shareholders
hayley williams
samuel williams
View AllGroup Structure
View All
Contact
Registered Address
10 brooklands court, kettering venture park, kettering, NN15 6FD
Website
-w2 property developments limited Estimated Valuation
Pomanda estimates the enterprise value of W2 PROPERTY DEVELOPMENTS LIMITED at £104.1k based on a Turnover of £192.4k and 0.54x industry multiple (adjusted for size and gross margin).
w2 property developments limited Estimated Valuation
Pomanda estimates the enterprise value of W2 PROPERTY DEVELOPMENTS LIMITED at £0 based on an EBITDA of £-4k and a 3.8x industry multiple (adjusted for size and gross margin).
w2 property developments limited Estimated Valuation
Pomanda estimates the enterprise value of W2 PROPERTY DEVELOPMENTS LIMITED at £78.5k based on Net Assets of £50.4k and 1.56x industry multiple (adjusted for liquidity).
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W2 Property Developments Limited Overview
W2 Property Developments Limited is a live company located in kettering, NN15 6FD with a Companies House number of 10975780. It operates in the development of building projects sector, SIC Code 41100. Founded in September 2017, it's largest shareholder is hayley williams with a 25% stake. W2 Property Developments Limited is a young, micro sized company, Pomanda has estimated its turnover at £192.4k with declining growth in recent years.
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W2 Property Developments Limited Health Check
Pomanda's financial health check has awarded W2 Property Developments Limited a 2 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 6 areas for improvement. Company Health Check FAQs
2 Strong
2 Regular
6 Weak
Size
annual sales of £192.4k, make it smaller than the average company (£2.1m)
- W2 Property Developments Limited
£2.1m - Industry AVG
Growth
3 year (CAGR) sales growth of -20%, show it is growing at a slower rate (2.1%)
- W2 Property Developments Limited
2.1% - Industry AVG
Production
with a gross margin of 25.8%, this company has a comparable cost of product (25.8%)
- W2 Property Developments Limited
25.8% - Industry AVG
Profitability
an operating margin of -2.1% make it less profitable than the average company (8.7%)
- W2 Property Developments Limited
8.7% - Industry AVG
Employees
with 1 employees, this is below the industry average (6)
- W2 Property Developments Limited
6 - Industry AVG
Pay Structure
on an average salary of £46.2k, the company has an equivalent pay structure (£46.2k)
- W2 Property Developments Limited
£46.2k - Industry AVG
Efficiency
resulting in sales per employee of £192.4k, this is less efficient (£271.2k)
- W2 Property Developments Limited
£271.2k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- W2 Property Developments Limited
- - Industry AVG
Creditor Days
its suppliers are paid after 56 days, this is slower than average (30 days)
- W2 Property Developments Limited
30 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- W2 Property Developments Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 6 weeks, this is less cash available to meet short term requirements (13 weeks)
6 weeks - W2 Property Developments Limited
13 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 58.1%, this is a lower level of debt than the average (74.5%)
58.1% - W2 Property Developments Limited
74.5% - Industry AVG
W2 PROPERTY DEVELOPMENTS LIMITED financials
W2 Property Developments Limited's latest turnover from March 2023 is estimated at £192.4 thousand and the company has net assets of £50.4 thousand. According to their latest financial statements, we estimate that W2 Property Developments Limited has 1 employee and maintains cash reserves of £8.3 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 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 | ||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Sep 2018 | |
|---|---|---|---|---|---|---|
| Tangible Assets | 0 | 0 | 0 | 0 | 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 | 0 | 0 | 0 | 0 | 0 | 0 |
| Stock & work in progress | 0 | 0 | 620,012 | 344,180 | 0 | 0 |
| Trade Debtors | 0 | 0 | 0 | 0 | 356,785 | 4 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 112,123 | 117,076 | 9,675 | 11,035 | 0 | 0 |
| Cash | 8,259 | 73,566 | 482 | 1,446 | 0 | 0 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 120,382 | 190,642 | 630,169 | 356,661 | 356,785 | 4 |
| total assets | 120,382 | 190,642 | 630,169 | 356,661 | 356,785 | 4 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 21,997 | 21,997 | 158,711 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 6,729 | 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 | 47,990 | 115,947 | 35,266 | 34,266 | 0 | 0 |
| total current liabilities | 69,987 | 137,944 | 200,706 | 34,266 | 0 | 0 |
| loans | 0 | 0 | 439,242 | 330,000 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 500 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 363,766 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 439,242 | 330,000 | 364,266 | 0 |
| total liabilities | 69,987 | 137,944 | 639,948 | 364,266 | 364,266 | 0 |
| net assets | 50,395 | 52,698 | -9,779 | -7,605 | -7,481 | 4 |
| total shareholders funds | 50,395 | 52,698 | -9,779 | -7,605 | -7,481 | 4 |
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Sep 2018 | |
|---|---|---|---|---|---|---|
| Operating Activities | ||||||
| Operating Profit | ||||||
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | ||||||
| Stock | 0 | -620,012 | 275,832 | 344,180 | 0 | 0 |
| Debtors | -4,953 | 107,401 | -1,360 | -345,750 | 356,781 | 4 |
| Creditors | 0 | -136,714 | 158,711 | 0 | 0 | 0 |
| Accruals and Deferred Income | -67,957 | 80,681 | 1,000 | 33,766 | 500 | 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 | -6,729 | 6,729 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | -439,242 | 109,242 | 330,000 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | -363,766 | 363,766 | 0 |
| share issue | ||||||
| interest | ||||||
| cash flow from financing | ||||||
| cash and cash equivalents | ||||||
| cash | -65,307 | 73,084 | -964 | 1,446 | 0 | 0 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -65,307 | 73,084 | -964 | 1,446 | 0 | 0 |
w2 property developments limited Credit Report and Business Information
W2 Property Developments Limited Competitor Analysis
Perform a competitor analysis for w2 property developments limited by selecting its closest rivals, whether from the CONSTRUCTION sector, other micro companies, companies in NN15 area or any other competitors across 12 key performance metrics.
w2 property developments limited Ownership
W2 PROPERTY DEVELOPMENTS LIMITED group structure
W2 Property Developments Limited has no subsidiary companies.
Ultimate parent company
W2 PROPERTY DEVELOPMENTS LIMITED
10975780
w2 property developments limited directors
W2 Property Developments Limited currently has 2 directors. The longest serving directors include Mr Samuel Williams (Sep 2017) and Mr Michael West (Sep 2017).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Samuel Williams | 46 years | Sep 2017 | - | Director | |
| Mr Michael West | 51 years | Sep 2017 | - | Director |
P&L
March 2023turnover
192.4k
0%
operating profit
-4k
0%
gross margin
25.8%
+8.56%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2023net assets
50.4k
-0.04%
total assets
120.4k
-0.37%
cash
8.3k
-0.89%
net assets
Total assets minus all liabilities
w2 property developments limited company details
company number
10975780
Type
Private limited with Share Capital
industry
41100 - Development of building projects
incorporation date
September 2017
age
7
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
March 2023
previous names
N/A
accountant
-
auditor
-
address
10 brooklands court, kettering venture park, kettering, NN15 6FD
Bank
-
Legal Advisor
-
w2 property 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 1 charges/mortgages relating to w2 property developments limited. Currently there are 0 open charges and 1 have been satisfied in the past.
w2 property 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 W2 PROPERTY DEVELOPMENTS LIMITED. This can take several minutes, an email will notify you when this has completed.
w2 property developments limited Companies House Filings - See Documents
| date | description | view/download |
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