bsp developments ltd.
bsp developments ltd. Company Information
Company Number
11295686
Next Accounts
3 days late
Shareholders
st. matthews limited
tadas pangonis
View AllGroup Structure
View All
Industry
Buying and selling of own real estate
Registered Address
107 kent hope street, london, E14 0QG
Website
smhc.uk.combsp developments ltd. Estimated Valuation
Pomanda estimates the enterprise value of BSP DEVELOPMENTS LTD. at £9.7m based on a Turnover of £4.3m and 2.27x industry multiple (adjusted for size and gross margin).
bsp developments ltd. Estimated Valuation
Pomanda estimates the enterprise value of BSP DEVELOPMENTS LTD. at £0 based on an EBITDA of £-10.5k and a 4.68x industry multiple (adjusted for size and gross margin).
bsp developments ltd. Estimated Valuation
Pomanda estimates the enterprise value of BSP DEVELOPMENTS LTD. at £57.6k based on Net Assets of £37.2k and 1.55x industry multiple (adjusted for liquidity).
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Bsp Developments Ltd. Overview
Bsp Developments Ltd. is a live company located in london, E14 0QG with a Companies House number of 11295686. It operates in the buying and selling of own real estate sector, SIC Code 68100. Founded in April 2018, it's largest shareholder is st. matthews limited with a 60% stake. Bsp Developments Ltd. is a young, small sized company, Pomanda has estimated its turnover at £4.3m with rapid growth in recent years.
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Bsp Developments Ltd. Health Check
Pomanda's financial health check has awarded Bsp Developments Ltd. a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 4 areas for improvement. Company Health Check FAQs
5 Strong
1 Regular
4 Weak
Size
annual sales of £4.3m, make it larger than the average company (£833.3k)
- Bsp Developments Ltd.
£833.3k - Industry AVG
Growth
3 year (CAGR) sales growth of 394%, show it is growing at a faster rate (2.1%)
- Bsp Developments Ltd.
2.1% - Industry AVG
Production
with a gross margin of 26.4%, this company has a higher cost of product (68.5%)
- Bsp Developments Ltd.
68.5% - Industry AVG
Profitability
an operating margin of -0.2% make it less profitable than the average company (31.2%)
- Bsp Developments Ltd.
31.2% - Industry AVG
Employees
with 7 employees, this is above the industry average (4)
- Bsp Developments Ltd.
4 - Industry AVG
Pay Structure
on an average salary of £35.6k, the company has an equivalent pay structure (£35.6k)
- Bsp Developments Ltd.
£35.6k - Industry AVG
Efficiency
resulting in sales per employee of £611.8k, this is more efficient (£193.1k)
- Bsp Developments Ltd.
£193.1k - Industry AVG
Debtor Days
it gets paid by customers after 98 days, this is later than average (26 days)
- Bsp Developments Ltd.
26 days - Industry AVG
Creditor Days
its suppliers are paid after 126 days, this is slower than average (31 days)
- Bsp Developments Ltd.
31 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Bsp Developments Ltd.
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Bsp Developments Ltd.
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 96.9%, this is a higher level of debt than the average (64.6%)
96.9% - Bsp Developments Ltd.
64.6% - Industry AVG
BSP DEVELOPMENTS LTD. financials
Bsp Developments Ltd.'s latest turnover from April 2023 is estimated at £4.3 million and the company has net assets of £37.2 thousand. According to their latest financial statements, we estimate that Bsp Developments Ltd. has 7 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Apr 2023 | Apr 2022 | Apr 2021 | Apr 2020 | Apr 2019 | |
|---|---|---|---|---|---|
| Turnover | 0 | 0 | |||
| Other Income Or Grants | |||||
| Cost Of Sales | |||||
| Gross Profit | |||||
| Admin Expenses | |||||
| Operating Profit | |||||
| Interest Payable | 0 | 0 | |||
| Interest Receivable | 0 | 0 | |||
| Pre-Tax Profit | 206,791 | -54,824 | |||
| Tax | 0 | 0 | |||
| Profit After Tax | 206,791 | -54,824 | |||
| Dividends Paid | 0 | 0 | |||
| Retained Profit | 206,791 | -54,824 | |||
| Employee Costs | |||||
| Number Of Employees | |||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Apr 2023 | Apr 2022 | Apr 2021 | Apr 2020 | Apr 2019 | |
|---|---|---|---|---|---|
| Tangible Assets | 42,841 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 1 | 1 | 3 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 42,841 | 1 | 1 | 3 | 0 |
| Stock & work in progress | 0 | 0 | 0 | 942,225 | 888,000 |
| Trade Debtors | 1,151,927 | 1,182,416 | 976,254 | 0 | 3 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 | 0 |
| Cash | 0 | 0 | 0 | 927 | 59 |
| misc current assets | 0 | 0 | 0 | 0 | 0 |
| total current assets | 1,151,927 | 1,182,416 | 976,254 | 943,152 | 888,062 |
| total assets | 1,194,768 | 1,182,417 | 976,255 | 943,155 | 888,062 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 1,093,546 | 1,134,672 | 1,135,300 | 0 | 0 |
| 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 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 1,093,546 | 1,134,672 | 1,135,300 | 0 | 0 |
| 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 | 63,992 | 0 | 0 | 1,047,379 | 942,376 |
| provisions | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 63,992 | 0 | 0 | 1,047,379 | 942,376 |
| total liabilities | 1,157,538 | 1,134,672 | 1,135,300 | 1,047,379 | 942,376 |
| net assets | 37,230 | 47,745 | -159,045 | -104,224 | -54,314 |
| total shareholders funds | 37,230 | 47,745 | -159,045 | -104,224 | -54,314 |
| Apr 2023 | Apr 2022 | Apr 2021 | Apr 2020 | Apr 2019 | |
|---|---|---|---|---|---|
| Operating Activities | |||||
| Operating Profit | |||||
| Depreciation | 0 | 0 | 0 | 0 | |
| Amortisation | 0 | 0 | 0 | 0 | |
| Tax | 0 | 0 | |||
| Stock | 0 | 0 | -942,225 | 54,225 | 888,000 |
| Debtors | -30,489 | 206,162 | 976,254 | -3 | 3 |
| Creditors | -41,126 | -628 | 1,135,300 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | |||||
| Investing Activities | |||||
| capital expenditure | |||||
| Change in Investments | -1 | 0 | -2 | 3 | 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 | 63,992 | 0 | -1,047,379 | 105,003 | 942,376 |
| share issue | |||||
| interest | 0 | 0 | |||
| cash flow from financing | -1 | -1,047,376 | |||
| cash and cash equivalents | |||||
| cash | 0 | 0 | -927 | 868 | 59 |
| overdraft | 0 | 0 | 0 | 0 | 0 |
| change in cash | 0 | 0 | -927 | 868 | 59 |
bsp developments ltd. Credit Report and Business Information
Bsp Developments Ltd. Competitor Analysis
Perform a competitor analysis for bsp developments ltd. by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other small companies, companies in E14 area or any other competitors across 12 key performance metrics.
bsp developments ltd. Ownership
BSP DEVELOPMENTS LTD. group structure
Bsp Developments Ltd. has no subsidiary companies.
Ultimate parent company
2 parents
BSP DEVELOPMENTS LTD.
11295686
bsp developments ltd. directors
Bsp Developments Ltd. currently has 3 directors. The longest serving directors include Mr Akshay Sethi (Apr 2018) and Mr Tadas Pangonis (Apr 2018).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Akshay Sethi | England | 37 years | Apr 2018 | - | Director |
| Mr Tadas Pangonis | United Kingdom | 39 years | Apr 2018 | - | Director |
| Mr Nisharn Sidhu-Brar | United Kingdom | 67 years | Apr 2018 | - | Director |
P&L
April 2023turnover
4.3m
0%
operating profit
-10.5k
0%
gross margin
26.4%
0%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
April 2023net assets
37.2k
-0.22%
total assets
1.2m
+0.01%
cash
0
0%
net assets
Total assets minus all liabilities
bsp developments ltd. company details
company number
11295686
Type
Private limited with Share Capital
industry
68100 - Buying and selling of own real estate
incorporation date
April 2018
age
7
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
April 2023
previous names
N/A
accountant
-
auditor
-
address
107 kent hope street, london, E14 0QG
Bank
-
Legal Advisor
-
bsp 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 bsp developments ltd.. Currently there are 5 open charges and 0 have been satisfied in the past.
bsp 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 BSP DEVELOPMENTS LTD.. This can take several minutes, an email will notify you when this has completed.
bsp developments ltd. Companies House Filings - See Documents
| date | description | view/download |
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