opal prestige developments limited
opal prestige developments limited Company Information
Company Number
11059965
Website
-Registered Address
1 charlotte mews pavilion place, exeter, EX2 4HA
Industry
Development of building projects
Telephone
-
Next Accounts Due
August 2024
Group Structure
View All
Shareholders
winship developments limited 50%
gemini taxis (exeter) limited 50%
opal prestige developments limited Estimated Valuation
Pomanda estimates the enterprise value of OPAL PRESTIGE DEVELOPMENTS LIMITED at £103k based on a Turnover of £238.5k and 0.43x industry multiple (adjusted for size and gross margin).
opal prestige developments limited Estimated Valuation
Pomanda estimates the enterprise value of OPAL PRESTIGE DEVELOPMENTS LIMITED at £0 based on an EBITDA of £-354 and a 3.4x industry multiple (adjusted for size and gross margin).
opal prestige developments limited Estimated Valuation
Pomanda estimates the enterprise value of OPAL PRESTIGE DEVELOPMENTS LIMITED at £343k based on Net Assets of £261k and 1.31x industry multiple (adjusted for liquidity).
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Opal Prestige Developments Limited Overview
Opal Prestige Developments Limited is a live company located in exeter, EX2 4HA with a Companies House number of 11059965. It operates in the development of building projects sector, SIC Code 41100. Founded in November 2017, it's largest shareholder is winship developments limited with a 50% stake. Opal Prestige Developments Limited is a young, micro sized company, Pomanda has estimated its turnover at £238.5k with declining growth in recent years.
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Opal Prestige Developments Limited Health Check
Pomanda's financial health check has awarded Opal Prestige Developments Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 7 areas for improvement. Company Health Check FAQs
3 Strong
2 Regular
7 Weak
Size
annual sales of £238.5k, make it smaller than the average company (£1.9m)
- Opal Prestige Developments Limited
£1.9m - Industry AVG
Growth
3 year (CAGR) sales growth of -18%, show it is growing at a slower rate (1.2%)
- Opal Prestige Developments Limited
1.2% - Industry AVG
Production
with a gross margin of 24.8%, this company has a comparable cost of product (24.8%)
- Opal Prestige Developments Limited
24.8% - Industry AVG
Profitability
an operating margin of -0.5% make it less profitable than the average company (11.5%)
- Opal Prestige Developments Limited
11.5% - Industry AVG
Employees
with 2 employees, this is below the industry average (6)
2 - Opal Prestige Developments Limited
6 - Industry AVG
Pay Structure
on an average salary of £45.8k, the company has an equivalent pay structure (£45.8k)
- Opal Prestige Developments Limited
£45.8k - Industry AVG
Efficiency
resulting in sales per employee of £119.2k, this is less efficient (£269.5k)
- Opal Prestige Developments Limited
£269.5k - Industry AVG
Debtor Days
it gets paid by customers after 40 days, this is later than average (31 days)
- Opal Prestige Developments Limited
31 days - Industry AVG
Creditor Days
its suppliers are paid after 7 days, this is quicker than average (31 days)
- Opal Prestige Developments Limited
31 days - Industry AVG
Stock Days
it holds stock equivalent to 66 days, this is less than average (176 days)
- Opal Prestige Developments Limited
176 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 298 weeks, this is more cash available to meet short term requirements (14 weeks)
298 weeks - Opal Prestige Developments Limited
14 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 5.4%, this is a lower level of debt than the average (74.6%)
5.4% - Opal Prestige Developments Limited
74.6% - Industry AVG
opal prestige developments limited Credit Report and Business Information
Opal Prestige Developments Limited Competitor Analysis
Perform a competitor analysis for opal prestige developments limited by selecting its closest rivals and benchmarking them against 12 key performance metrics.
opal prestige developments limited Ownership
OPAL PRESTIGE DEVELOPMENTS LIMITED group structure
Opal Prestige Developments Limited has no subsidiary companies.
Ultimate parent company
OPAL PRESTIGE DEVELOPMENTS LIMITED
11059965
opal prestige developments limited directors
Opal Prestige Developments Limited currently has 2 directors. The longest serving directors include Mr Paul Younger (Nov 2017) and Mr Nick Eggleton (Nov 2017).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Paul Younger | England | 68 years | Nov 2017 | - | Director |
| Mr Nick Eggleton | United Kingdom | 48 years | Nov 2017 | - | Director |
OPAL PRESTIGE DEVELOPMENTS LIMITED financials
Opal Prestige Developments Limited's latest turnover from November 2022 is estimated at £238.5 thousand and the company has net assets of £261 thousand. According to their latest financial statements, Opal Prestige Developments Limited has 2 employees and maintains cash reserves of £82.5 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Nov 2022 | Nov 2021 | Nov 2020 | Nov 2019 | Nov 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 |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Nov 2022 | Nov 2021 | Nov 2020 | Nov 2019 | Nov 2018 | |
|---|---|---|---|---|---|
| Tangible Assets | 3,048 | 3,810 | 4,762 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 3,048 | 3,810 | 4,762 | 0 | 0 |
| Stock & work in progress | 32,612 | 470,504 | 547,360 | 428,868 | 582,507 |
| Trade Debtors | 26,603 | 0 | 0 | 0 | 534,471 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 131,256 | 43,180 | 55,782 | 79,121 | 26,350 |
| Cash | 82,496 | 362,797 | 107,791 | 438,832 | 0 |
| misc current assets | 0 | 0 | 0 | 0 | 0 |
| total current assets | 272,967 | 876,481 | 710,933 | 946,821 | 1,143,328 |
| total assets | 276,015 | 880,291 | 715,695 | 946,821 | 1,143,328 |
| Bank overdraft | 0 | 0 | 0 | 0 | 6,996 |
| Bank loan | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 3,640 | 17,856 | 37,067 | 37,153 | 87,370 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 10,752 | 605,173 | 586,874 | 848,708 | 977,015 |
| total current liabilities | 14,392 | 623,029 | 623,941 | 885,861 | 1,071,381 |
| loans | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 |
| provisions | 579 | 724 | 905 | 0 | 0 |
| total long term liabilities | 579 | 724 | 905 | 0 | 0 |
| total liabilities | 14,971 | 623,753 | 624,846 | 885,861 | 1,071,381 |
| net assets | 261,044 | 256,538 | 90,849 | 60,960 | 71,947 |
| total shareholders funds | 261,044 | 256,538 | 90,849 | 60,960 | 71,947 |
| Nov 2022 | Nov 2021 | Nov 2020 | Nov 2019 | Nov 2018 | |
|---|---|---|---|---|---|
| Operating Activities | |||||
| Operating Profit | |||||
| Depreciation | 762 | 952 | 1,191 | 0 | 0 |
| Amortisation | 0 | 0 | 0 | 0 | 0 |
| Tax | |||||
| Stock | -437,892 | -76,856 | 118,492 | -153,639 | 582,507 |
| Debtors | 114,679 | -12,602 | -23,339 | -481,700 | 560,821 |
| Creditors | -14,216 | -19,211 | -86 | -50,217 | 87,370 |
| Accruals and Deferred Income | -594,421 | 18,299 | -261,834 | -128,307 | 977,015 |
| Deferred Taxes & Provisions | -145 | -181 | 905 | 0 | 0 |
| Cash flow from operations | |||||
| Investing Activities | |||||
| capital expenditure | |||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | |||||
| Financing Activities | |||||
| Bank loans | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||
| interest | |||||
| cash flow from financing | |||||
| cash and cash equivalents | |||||
| cash | -280,301 | 255,006 | -331,041 | 438,832 | 0 |
| overdraft | 0 | 0 | 0 | -6,996 | 6,996 |
| change in cash | -280,301 | 255,006 | -331,041 | 445,828 | -6,996 |
P&L
November 2022turnover
238.5k
-35%
operating profit
-1.1k
0%
gross margin
24.8%
+9.76%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
November 2022net assets
261k
+0.02%
total assets
276k
-0.69%
cash
82.5k
-0.77%
net assets
Total assets minus all liabilities
opal prestige developments limited company details
company number
11059965
Type
Private limited with Share Capital
industry
41100 - Development of building projects
incorporation date
November 2017
age
7
accounts
Total Exemption Full
ultimate parent company
previous names
N/A
incorporated
UK
address
1 charlotte mews pavilion place, exeter, EX2 4HA
last accounts submitted
November 2022
opal prestige 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 did not find charges/mortgages relating to opal prestige developments limited.
opal prestige developments limited Companies House Filings - See Documents
| date | description | view/download |
|---|
