russell street developments limited

russell street developments limited Company Information

Share RUSSELL STREET DEVELOPMENTS LIMITED
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Company Number

11123356

Industry

Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.

 

Development of building projects

 

Shareholders

israr hussain

kashif sheraz asghar

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Group Structure

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Contact

Registered Address

fairview 192 park road, peterborough, cambridgeshire, PE1 2UF

Website

-

russell street developments limited Estimated Valuation

£1m

Pomanda estimates the enterprise value of RUSSELL STREET DEVELOPMENTS LIMITED at £1m based on a Turnover of £736.7k and 1.37x industry multiple (adjusted for size and gross margin).

russell street developments limited Estimated Valuation

£106.9k

Pomanda estimates the enterprise value of RUSSELL STREET DEVELOPMENTS LIMITED at £106.9k based on an EBITDA of £29.4k and a 3.64x industry multiple (adjusted for size and gross margin).

russell street developments limited Estimated Valuation

£3m

Pomanda estimates the enterprise value of RUSSELL STREET DEVELOPMENTS LIMITED at £3m based on Net Assets of £1.9m and 1.54x industry multiple (adjusted for liquidity).

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Russell Street Developments Limited Overview

Russell Street Developments Limited is a live company located in cambridgeshire, PE1 2UF with a Companies House number of 11123356. It operates in the development of building projects sector, SIC Code 41100. Founded in December 2017, it's largest shareholder is israr hussain with a 20% stake. Russell Street Developments Limited is a young, small sized company, Pomanda has estimated its turnover at £736.7k with declining growth in recent years.

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Russell Street Developments Limited Health Check

Pomanda's financial health check has awarded Russell Street Developments Limited a 2.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 5 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating2.5out of 5
positive_score

3 Strong

positive_score

2 Regular

positive_score

5 Weak

size

Size

annual sales of £736.7k, make it smaller than the average company (£1.8m)

£736.7k - Russell Street Developments Limited

£1.8m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -8%, show it is growing at a slower rate (4.2%)

-8% - Russell Street Developments Limited

4.2% - Industry AVG

production

Production

with a gross margin of 18.2%, this company has a higher cost of product (48.8%)

18.2% - Russell Street Developments Limited

48.8% - Industry AVG

profitability

Profitability

an operating margin of 4% make it less profitable than the average company (14.2%)

4% - Russell Street Developments Limited

14.2% - Industry AVG

employees

Employees

with 5 employees, this is similar to the industry average (5)

5 - Russell Street Developments Limited

5 - Industry AVG

paystructure

Pay Structure

on an average salary of £40.7k, the company has an equivalent pay structure (£40.7k)

£40.7k - Russell Street Developments Limited

£40.7k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £147.3k, this is less efficient (£251.6k)

£147.3k - Russell Street Developments Limited

£251.6k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 10 days, this is earlier than average (31 days)

10 days - Russell Street Developments Limited

31 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 513 days, this is slower than average (33 days)

513 days - Russell Street Developments Limited

33 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Russell Street Developments Limited

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - Russell Street Developments Limited

- - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 31.2%, this is a lower level of debt than the average (72.4%)

31.2% - Russell Street Developments Limited

72.4% - Industry AVG

RUSSELL STREET DEVELOPMENTS LIMITED financials

EXPORTms excel logo

Russell Street Developments Limited's latest turnover from December 2023 is estimated at £736.7 thousand and the company has net assets of £1.9 million. According to their latest financial statements, Russell Street Developments Limited has 5 employees and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018
Turnover736,724731,055748,642948,3731,009,161914,815
Other Income Or Grants000000
Cost Of Sales602,680604,603625,126786,891832,212748,461
Gross Profit134,044126,452123,516161,482176,949166,353
Admin Expenses104,65989,28759,999115,156146,587-2,019,258
Operating Profit29,38537,16563,51746,32630,3622,185,611
Interest Payable000000
Interest Receivable000000
Pre-Tax Profit29,38537,16563,51746,32630,3622,185,611
Tax-7,346-7,061-12,068-8,802-5,769-415,266
Profit After Tax22,03930,10451,44937,52424,5931,770,345
Dividends Paid000000
Retained Profit22,03930,10451,44937,52424,5931,770,345
Employee Costs203,373193,479188,808182,234181,742177,656
Number Of Employees555555
EBITDA*29,38537,16563,51746,32630,3622,185,611

* Earnings Before Interest, Tax, Depreciation and Amortisation

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018
Tangible Assets2,793,0902,793,0902,793,0902,793,0902,793,0902,793,090
Intangible Assets000000
Investments & Other000000
Debtors (Due After 1 year)000000
Total Fixed Assets2,793,0902,793,0902,793,0902,793,0902,793,0902,793,090
Stock & work in progress000000
Trade Debtors21,62117,02426,42775,78230,05647,818
Group Debtors000000
Misc Debtors000000
Cash000000
misc current assets000000
total current assets21,62117,02426,42775,78230,05647,818
total assets2,814,7112,810,1142,819,5172,868,8722,823,1462,840,908
Bank overdraft000000
Bank loan000000
Trade Creditors 847,782861,237896,856997,6601,028,2081,031,698
Group/Directors Accounts0000038,865
other short term finances000000
hp & lease commitments000000
other current liabilities000000
total current liabilities847,782861,237896,856997,6601,028,2081,070,563
loans000000
hp & lease commitments000000
Accruals and Deferred Income000000
other liabilities30,87534,86238,75038,75000
provisions000000
total long term liabilities30,87534,86238,75038,75000
total liabilities878,657896,099935,6061,036,4101,028,2081,070,563
net assets1,936,0541,914,0151,883,9111,832,4621,794,9381,770,345
total shareholders funds1,936,0541,914,0151,883,9111,832,4621,794,9381,770,345
Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018
Operating Activities
Operating Profit29,38537,16563,51746,32630,3622,185,611
Depreciation000000
Amortisation000000
Tax-7,346-7,061-12,068-8,802-5,769-415,266
Stock000000
Debtors4,597-9,403-49,35545,726-17,76247,818
Creditors-13,455-35,619-100,804-30,548-3,4901,031,698
Accruals and Deferred Income000000
Deferred Taxes & Provisions000000
Cash flow from operations3,9873,8880-38,75038,8652,754,225
Investing Activities
capital expenditure00000-2,793,090
Change in Investments000000
cash flow from investments00000-2,793,090
Financing Activities
Bank loans000000
Group/Directors Accounts0000-38,86538,865
Other Short Term Loans 000000
Long term loans000000
Hire Purchase and Lease Commitments000000
other long term liabilities-3,987-3,888038,75000
share issue000000
interest000000
cash flow from financing-3,987-3,888038,750-38,86538,865
cash and cash equivalents
cash000000
overdraft000000
change in cash000000

russell street 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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Russell Street Developments Limited Competitor Analysis

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Perform a competitor analysis for russell street developments limited by selecting its closest rivals, whether from the CONSTRUCTION sector, other small companies, companies in PE1 area or any other competitors across 12 key performance metrics.

russell street developments limited Ownership

RUSSELL STREET DEVELOPMENTS LIMITED group structure

Russell Street Developments Limited has no subsidiary companies.

Ultimate parent company

RUSSELL STREET DEVELOPMENTS LIMITED

11123356

RUSSELL STREET DEVELOPMENTS LIMITED Shareholders

israr hussain 20%
kashif sheraz asghar 20%
omer tabassum hussain 20%
mohammed camran arif 20%
mohammed nadeem 20%

russell street developments limited directors

Russell Street Developments Limited currently has 5 directors. The longest serving directors include Mr Israr Hussain (Dec 2017) and Mr Kashif Asghar (Dec 2017).

officercountryagestartendrole
Mr Israr HussainEngland44 years Dec 2017- Director
Mr Kashif AsgharUnited Kingdom45 years Dec 2017- Director
Mr Mohammed NadeemUnited Kingdom48 years Dec 2017- Director
Mr Omer Hussain42 years Dec 2017- Director
Mr Mohammed ArifEngland44 years Dec 2017- Director

P&L

December 2023

turnover

736.7k

+1%

operating profit

29.4k

0%

gross margin

18.2%

+5.19%

turnover

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

Balance Sheet

December 2023

net assets

1.9m

+0.01%

total assets

2.8m

0%

cash

0

0%

net assets

Total assets minus all liabilities

russell street developments limited company details

company number

11123356

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.

41100 - Development of building projects

incorporation date

December 2017

age

8

incorporated

UK

ultimate parent company

None

accounts

Micro-Entity Accounts

last accounts submitted

December 2023

previous names

N/A

accountant

-

auditor

-

address

fairview 192 park road, peterborough, cambridgeshire, PE1 2UF

Bank

-

Legal Advisor

-

russell street 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 russell street developments limited.

russell street 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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russell street developments limited Companies House Filings - See Documents

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