ar2 developments ltd
ar2 developments ltd Company Information
Company Number
10998680
Next Accounts
Jul 2025
Shareholders
lisa patricia anna mcalister
mark mcalister
Group Structure
View All
Industry
Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.
Registered Address
48 - 52 penny lane mossley hill, liverpool, merseyside, L18 1DG
Website
-ar2 developments ltd Estimated Valuation
Pomanda estimates the enterprise value of AR2 DEVELOPMENTS LTD at £599.7k based on a Turnover of £180.3k and 3.33x industry multiple (adjusted for size and gross margin).
ar2 developments ltd Estimated Valuation
Pomanda estimates the enterprise value of AR2 DEVELOPMENTS LTD at £1m based on an EBITDA of £157k and a 6.5x industry multiple (adjusted for size and gross margin).
ar2 developments ltd Estimated Valuation
Pomanda estimates the enterprise value of AR2 DEVELOPMENTS LTD at £792k based on Net Assets of £453.6k and 1.75x industry multiple (adjusted for liquidity).
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Ar2 Developments Ltd Overview
Ar2 Developments Ltd is a live company located in merseyside, L18 1DG with a Companies House number of 10998680. It operates in the other letting and operating of own or leased real estate sector, SIC Code 68209. Founded in October 2017, it's largest shareholder is lisa patricia anna mcalister with a 50% stake. Ar2 Developments Ltd is a young, micro sized company, Pomanda has estimated its turnover at £180.3k with low growth in recent years.
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Ar2 Developments Ltd Health Check
Pomanda's financial health check has awarded Ar2 Developments Ltd a 3 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 4 areas for improvement. Company Health Check FAQs
2 Strong
3 Regular
4 Weak
Size
annual sales of £180.3k, make it smaller than the average company (£847.4k)
- Ar2 Developments Ltd
£847.4k - Industry AVG
Growth
3 year (CAGR) sales growth of 4%, show it is growing at a faster rate (2.9%)
- Ar2 Developments Ltd
2.9% - Industry AVG
Production
with a gross margin of 73%, this company has a comparable cost of product (73%)
- Ar2 Developments Ltd
73% - Industry AVG
Profitability
an operating margin of 87.1% make it more profitable than the average company (27.1%)
- Ar2 Developments Ltd
27.1% - Industry AVG
Employees
with 1 employees, this is below the industry average (4)
1 - Ar2 Developments Ltd
4 - Industry AVG
Pay Structure
on an average salary of £31.9k, the company has an equivalent pay structure (£31.9k)
- Ar2 Developments Ltd
£31.9k - Industry AVG
Efficiency
resulting in sales per employee of £180.3k, this is equally as efficient (£180.3k)
- Ar2 Developments Ltd
£180.3k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Ar2 Developments Ltd
- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- Ar2 Developments Ltd
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Ar2 Developments Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 1 weeks, this is less cash available to meet short term requirements (12 weeks)
1 weeks - Ar2 Developments Ltd
12 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 79%, this is a higher level of debt than the average (67.7%)
79% - Ar2 Developments Ltd
67.7% - Industry AVG
AR2 DEVELOPMENTS LTD financials
Ar2 Developments Ltd's latest turnover from October 2023 is estimated at £180.3 thousand and the company has net assets of £453.6 thousand. According to their latest financial statements, Ar2 Developments Ltd has 1 employee and maintains cash reserves of £11.8 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Oct 2023 | Oct 2022 | Oct 2021 | Oct 2020 | Oct 2019 | Oct 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 | 1 | 1 | 2 | 2 | 2 | 2 |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Oct 2023 | Oct 2022 | Oct 2021 | Oct 2020 | Oct 2019 | Oct 2018 | |
|---|---|---|---|---|---|---|
| Tangible Assets | ||||||
| Intangible Assets | ||||||
| Investments & Other | 2,150,000 | 1,965,000 | 1,900,000 | 1,735,123 | ||
| Debtors (Due After 1 year) | ||||||
| Total Fixed Assets | 2,150,000 | 1,965,000 | 1,900,000 | 1,735,123 | ||
| Stock & work in progress | ||||||
| Trade Debtors | ||||||
| Group Debtors | ||||||
| Misc Debtors | 11,537 | 11,537 | 11,537 | 11,287 | ||
| Cash | 11,798 | 3,243 | 18,638 | 94 | 353 | 13 |
| misc current assets | ||||||
| total current assets | 11,798 | 3,243 | 30,175 | 11,631 | 11,890 | 11,300 |
| total assets | 2,161,798 | 1,968,243 | 1,930,175 | 1,746,754 | 11,890 | 11,300 |
| Bank overdraft | 10,002 | 10,000 | 10,000 | 823,354 | ||
| Bank loan | ||||||
| Trade Creditors | 96 | 458 | 696 | |||
| Group/Directors Accounts | 12,056 | 11,209 | 150 | |||
| other short term finances | ||||||
| hp & lease commitments | ||||||
| other current liabilities | 378,394 | 378,125 | 516,654 | 511,543 | 22,060 | 11,560 |
| total current liabilities | 388,396 | 388,125 | 538,806 | 1,346,564 | 22,756 | 11,710 |
| loans | 1,167,482 | 1,177,483 | 1,027,013 | 45,833 | ||
| hp & lease commitments | ||||||
| Accruals and Deferred Income | ||||||
| other liabilities | ||||||
| provisions | 152,290 | 83,819 | 70,366 | 70,366 | ||
| total long term liabilities | 1,319,772 | 1,261,302 | 1,097,379 | 116,199 | ||
| total liabilities | 1,708,168 | 1,649,427 | 1,636,185 | 1,462,763 | 22,756 | 11,710 |
| net assets | 453,630 | 318,816 | 293,990 | 283,991 | -10,866 | -410 |
| total shareholders funds | 453,630 | 318,816 | 293,990 | 283,991 | -10,866 | -410 |
| Oct 2023 | Oct 2022 | Oct 2021 | Oct 2020 | Oct 2019 | Oct 2018 | |
|---|---|---|---|---|---|---|
| Operating Activities | ||||||
| Operating Profit | ||||||
| Depreciation | ||||||
| Amortisation | ||||||
| Tax | ||||||
| Stock | ||||||
| Debtors | -11,537 | 250 | 11,287 | |||
| Creditors | -96 | -362 | -238 | 696 | ||
| Accruals and Deferred Income | 269 | -138,529 | 5,111 | 489,483 | 10,500 | 11,560 |
| Deferred Taxes & Provisions | 68,471 | 13,453 | 70,366 | |||
| Cash flow from operations | ||||||
| Investing Activities | ||||||
| capital expenditure | ||||||
| Change in Investments | 185,000 | 65,000 | 164,877 | 1,735,123 | ||
| cash flow from investments | ||||||
| Financing Activities | ||||||
| Bank loans | ||||||
| Group/Directors Accounts | -12,056 | 847 | 11,209 | -150 | 150 | |
| Other Short Term Loans | ||||||
| Long term loans | -10,001 | 150,470 | 981,180 | 45,833 | ||
| Hire Purchase and Lease Commitments | ||||||
| other long term liabilities | ||||||
| share issue | ||||||
| interest | ||||||
| cash flow from financing | ||||||
| cash and cash equivalents | ||||||
| cash | 8,555 | -15,395 | 18,544 | -259 | 340 | 13 |
| overdraft | 2 | -813,354 | 823,354 | |||
| change in cash | 8,553 | -15,395 | 831,898 | -823,613 | 340 | 13 |
ar2 developments ltd Credit Report and Business Information
Ar2 Developments Ltd Competitor Analysis
Perform a competitor analysis for ar2 developments ltd by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other micro companies, companies in L18 area or any other competitors across 12 key performance metrics.
ar2 developments ltd Ownership
AR2 DEVELOPMENTS LTD group structure
Ar2 Developments Ltd has no subsidiary companies.
ar2 developments ltd directors
Ar2 Developments Ltd currently has 2 directors. The longest serving directors include Mr Mark McAlister (Jul 2019) and Mrs Lisa McAlister (May 2024).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Mark McAlister | United Kingdom | 62 years | Jul 2019 | - | Director |
| Mrs Lisa McAlister | United Kingdom | 58 years | May 2024 | - | Director |
P&L
October 2023turnover
180.3k
+13%
operating profit
157k
0%
gross margin
73%
+0.74%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
October 2023net assets
453.6k
+0.42%
total assets
2.2m
+0.1%
cash
11.8k
+2.64%
net assets
Total assets minus all liabilities
ar2 developments ltd company details
company number
10998680
Type
Private limited with Share Capital
industry
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
October 2017
age
8
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
October 2023
previous names
N/A
accountant
MATTHEWS SUTTON & CO LTD
auditor
-
address
48 - 52 penny lane mossley hill, liverpool, merseyside, L18 1DG
Bank
-
Legal Advisor
-
ar2 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 5 charges/mortgages relating to ar2 developments ltd. Currently there are 3 open charges and 2 have been satisfied in the past.
ar2 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.
Click to start generating capital raising & share issue transactions for AR2 DEVELOPMENTS LTD. This can take several minutes, an email will notify you when this has completed.
ar2 developments ltd Companies House Filings - See Documents
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