opal prestige developments limited

opal prestige developments limited Company Information

Share OPAL PRESTIGE DEVELOPMENTS LIMITED
Live 
YoungMicroDeclining

Company Number

11059965

Industry

Development of building projects

 

Shareholders

winship developments limited

gemini taxis (exeter) limited

Group Structure

View All

Contact

Registered Address

1 charlotte mews pavilion place, exeter, EX2 4HA

opal prestige developments limited Estimated Valuation

£24.9k

Pomanda estimates the enterprise value of OPAL PRESTIGE DEVELOPMENTS LIMITED at £24.9k based on a Turnover of £49.8k and 0.5x industry multiple (adjusted for size and gross margin).

opal prestige developments limited Estimated Valuation

£0

Pomanda estimates the enterprise value of OPAL PRESTIGE DEVELOPMENTS LIMITED at £0 based on an EBITDA of £-151.8k and a 3.63x industry multiple (adjusted for size and gross margin).

opal prestige developments limited Estimated Valuation

£155.8k

Pomanda estimates the enterprise value of OPAL PRESTIGE DEVELOPMENTS LIMITED at £155.8k based on Net Assets of £113.2k and 1.38x 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 £49.8k 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 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

Health Check Image
Health Rating3out of 5
positive_score

2 Strong

positive_score

2 Regular

positive_score

6 Weak

size

Size

annual sales of £49.8k, make it smaller than the average company (£2.3m)

£49.8k - Opal Prestige Developments Limited

£2.3m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -52%, show it is growing at a slower rate (3.9%)

-52% - Opal Prestige Developments Limited

3.9% - Industry AVG

production

Production

with a gross margin of 26.4%, this company has a comparable cost of product (26.4%)

26.4% - Opal Prestige Developments Limited

26.4% - Industry AVG

profitability

Profitability

an operating margin of -306.1% make it less profitable than the average company (6.8%)

-306.1% - Opal Prestige Developments Limited

6.8% - Industry AVG

employees

Employees

with 1 employees, this is below the industry average (6)

1 - Opal Prestige Developments Limited

6 - Industry AVG

paystructure

Pay Structure

on an average salary of £47.4k, the company has an equivalent pay structure (£47.4k)

£47.4k - Opal Prestige Developments Limited

£47.4k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £49.8k, this is less efficient (£272.3k)

£49.8k - Opal Prestige Developments Limited

£272.3k - Industry AVG

debtordays

Debtor Days

There is insufficient data available for this Key Performance Indicator!

- - Opal Prestige Developments Limited

- - Industry AVG

creditordays

Creditor Days

There is insufficient data available for this Key Performance Indicator!

- - Opal Prestige Developments Limited

- - Industry AVG

stockdays

Stock Days

it holds stock equivalent to 324 days, this is more than average (175 days)

324 days - Opal Prestige Developments Limited

175 days - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 165 weeks, this is more cash available to meet short term requirements (13 weeks)

165 weeks - Opal Prestige Developments Limited

13 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 20.1%, this is a lower level of debt than the average (72.4%)

20.1% - Opal Prestige Developments Limited

72.4% - Industry AVG

OPAL PRESTIGE DEVELOPMENTS LIMITED financials

EXPORTms excel logo

Opal Prestige Developments Limited's latest turnover from November 2023 is estimated at £49.8 thousand and the company has net assets of £113.2 thousand. According to their latest financial statements, we estimate that Opal Prestige Developments Limited has 1 employee and maintains cash reserves of £90.3 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Nov 2023Nov 2022Nov 2021Nov 2020Nov 2019Nov 2018
Turnover49,800237,370364,909450,609432,2612,604,000
Other Income Or Grants000000
Cost Of Sales36,633176,323278,838334,688313,8531,847,394
Gross Profit13,16761,04786,071115,921118,408756,606
Admin Expenses165,59862,163-118,24879,294130,805667,670
Operating Profit-152,431-1,116204,31936,627-12,39788,936
Interest Payable0000236236
Interest Receivable4,5376,6792352731,6460
Pre-Tax Profit-147,8945,563204,55436,900-10,98788,700
Tax0-1,057-38,865-7,0110-16,853
Profit After Tax-147,8944,506165,68929,889-10,98771,847
Dividends Paid000000
Retained Profit-147,8944,506165,68929,889-10,98771,847
Employee Costs47,44790,23988,05086,48685,39884,283
Number Of Employees122222
EBITDA*-151,821-354205,27137,818-12,39788,936

* Earnings Before Interest, Tax, Depreciation and Amortisation

Nov 2023Nov 2022Nov 2021Nov 2020Nov 2019Nov 2018
Tangible Assets2,4383,0483,8104,76200
Intangible Assets000000
Investments & Other000000
Debtors (Due After 1 year)000000
Total Fixed Assets2,4383,0483,8104,76200
Stock & work in progress32,61232,612470,504547,360428,868582,507
Trade Debtors026,603000534,471
Group Debtors000000
Misc Debtors16,212131,25643,18055,78279,12126,350
Cash90,34482,496362,797107,791438,8320
misc current assets000000
total current assets139,168272,967876,481710,933946,8211,143,328
total assets141,606276,015880,291715,695946,8211,143,328
Bank overdraft000006,996
Bank loan000000
Trade Creditors 03,64017,85637,06737,15387,370
Group/Directors Accounts000000
other short term finances000000
hp & lease commitments000000
other current liabilities28,45610,752605,173586,874848,708977,015
total current liabilities28,45614,392623,029623,941885,8611,071,381
loans000000
hp & lease commitments000000
Accruals and Deferred Income000000
other liabilities000000
provisions057972490500
total long term liabilities057972490500
total liabilities28,45614,971623,753624,846885,8611,071,381
net assets113,150261,044256,53890,84960,96071,947
total shareholders funds113,150261,044256,53890,84960,96071,947
Nov 2023Nov 2022Nov 2021Nov 2020Nov 2019Nov 2018
Operating Activities
Operating Profit-152,431-1,116204,31936,627-12,39788,936
Depreciation6107629521,19100
Amortisation000000
Tax0-1,057-38,865-7,0110-16,853
Stock0-437,892-76,856118,492-153,639582,507
Debtors-141,647114,679-12,602-23,339-481,700560,821
Creditors-3,640-14,216-19,211-86-50,21787,370
Accruals and Deferred Income17,704-594,42118,299-261,834-128,307977,015
Deferred Taxes & Provisions-579-145-18190500
Cash flow from operations3,311-286,980254,771-325,361444,418-6,860
Investing Activities
capital expenditure000-5,95300
Change in Investments000000
cash flow from investments000-5,95300
Financing Activities
Bank loans000000
Group/Directors Accounts000000
Other Short Term Loans 000000
Long term loans000000
Hire Purchase and Lease Commitments000000
other long term liabilities000000
share issue00000100
interest4,5376,6792352731,410-236
cash flow from financing4,5376,6792352731,410-136
cash and cash equivalents
cash7,848-280,301255,006-331,041438,8320
overdraft0000-6,9966,996
change in cash7,848-280,301255,006-331,041445,828-6,996

opal prestige developments limited Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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Opal Prestige Developments Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for opal prestige developments limited by selecting its closest rivals, whether from the CONSTRUCTION sector, other micro companies, companies in EX2 area or any other competitors across 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 Shareholders

winship developments limited 50%
gemini taxis (exeter) limited 50%

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).

officercountryagestartendrole
Mr Paul YoungerUnited Kingdom68 years Nov 2017- Director
Mr Nick EggletonUnited Kingdom49 years Nov 2017- Director

P&L

November 2023

turnover

49.8k

-79%

operating profit

-152.4k

0%

gross margin

26.5%

+2.81%

turnover

Turnover, or revenue, is the amount of sales generated by a company within the financial year.

Balance Sheet

November 2023

net assets

113.2k

-0.57%

total assets

141.6k

-0.49%

cash

90.3k

+0.1%

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

8

incorporated

UK

ultimate parent company

None

accounts

Total Exemption Full

last accounts submitted

November 2023

previous names

N/A

accountant

PLUNKETT YATES LIMITED

auditor

-

address

1 charlotte mews pavilion place, exeter, EX2 4HA

Bank

-

Legal Advisor

-

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 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.

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opal prestige developments limited Companies House Filings - See Documents

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