cross commercial developments ltd
cross commercial developments ltd Company Information
Company Number
11409711
Next Accounts
Dec 2024
Industry
Development of building projects
Shareholders
cross developments (sussex) ltd
Group Structure
View All
Contact
Registered Address
ord kingston road, lewes, BN7 3NB
Website
-cross commercial developments ltd Estimated Valuation
Pomanda estimates the enterprise value of CROSS COMMERCIAL DEVELOPMENTS LTD at £147.7k based on a Turnover of £272.5k and 0.54x industry multiple (adjusted for size and gross margin).
cross commercial developments ltd Estimated Valuation
Pomanda estimates the enterprise value of CROSS COMMERCIAL DEVELOPMENTS LTD at £0 based on an EBITDA of £-693.7k and a 3.81x industry multiple (adjusted for size and gross margin).
cross commercial developments ltd Estimated Valuation
Pomanda estimates the enterprise value of CROSS COMMERCIAL DEVELOPMENTS LTD at £5.7k based on Net Assets of £3.7k and 1.56x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Cross Commercial Developments Ltd Overview
Cross Commercial Developments Ltd is a live company located in lewes, BN7 3NB with a Companies House number of 11409711. It operates in the development of building projects sector, SIC Code 41100. Founded in June 2018, it's largest shareholder is cross developments (sussex) ltd with a 100% stake. Cross Commercial Developments Ltd is a young, micro sized company, Pomanda has estimated its turnover at £272.5k with low growth in recent years.
Upgrade for unlimited company reports & a free credit check
Cross Commercial Developments Ltd Health Check
Pomanda's financial health check has awarded Cross Commercial Developments Ltd a 2 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 5 areas for improvement. Company Health Check FAQs
1 Strong
3 Regular
5 Weak
Size
annual sales of £272.5k, make it smaller than the average company (£2.1m)
- Cross Commercial Developments Ltd
£2.1m - Industry AVG
Growth
3 year (CAGR) sales growth of 0%, show it is growing at a slower rate (2.1%)
- Cross Commercial Developments Ltd
2.1% - Industry AVG
Production
with a gross margin of 25.8%, this company has a comparable cost of product (25.8%)
- Cross Commercial Developments Ltd
25.8% - Industry AVG
Profitability
an operating margin of -254.6% make it less profitable than the average company (8.7%)
- Cross Commercial Developments Ltd
8.7% - Industry AVG
Employees
with 1 employees, this is below the industry average (6)
1 - Cross Commercial Developments Ltd
6 - Industry AVG
Pay Structure
on an average salary of £46.3k, the company has an equivalent pay structure (£46.3k)
- Cross Commercial Developments Ltd
£46.3k - Industry AVG
Efficiency
resulting in sales per employee of £272.5k, this is equally as efficient (£272.5k)
- Cross Commercial Developments Ltd
£272.5k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Cross Commercial Developments Ltd
- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- Cross Commercial Developments Ltd
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Cross Commercial Developments Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 43 weeks, this is more cash available to meet short term requirements (13 weeks)
43 weeks - Cross Commercial Developments Ltd
13 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 95.4%, this is a higher level of debt than the average (74.5%)
95.4% - Cross Commercial Developments Ltd
74.5% - Industry AVG
CROSS COMMERCIAL DEVELOPMENTS LTD financials
Cross Commercial Developments Ltd's latest turnover from March 2023 is estimated at £272.5 thousand and the company has net assets of £3.7 thousand. According to their latest financial statements, Cross Commercial Developments Ltd has 1 employee and maintains cash reserves of £63.7 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | |
|---|---|---|---|---|---|
| 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 | 1 | 1 | 1 |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | |
|---|---|---|---|---|---|
| Tangible Assets | 0 | 0 | 0 | 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 | 0 | 0 | 0 | 0 | 0 |
| Stock & work in progress | 0 | 0 | 108,370 | 0 | 867,403 |
| Trade Debtors | 0 | 0 | 0 | 0 | 0 |
| Group Debtors | 0 | 0 | 0 | 0 | 578 |
| Misc Debtors | 16,240 | 1,108,748 | 8,496 | 3,647 | 25,915 |
| Cash | 63,698 | 24,028 | 70,590 | 7,738 | 176,046 |
| misc current assets | 0 | 0 | 0 | 0 | 0 |
| total current assets | 79,938 | 1,132,776 | 187,456 | 11,385 | 1,069,942 |
| total assets | 79,938 | 1,132,776 | 187,456 | 11,385 | 1,069,942 |
| Bank overdraft | 0 | 0 | 0 | 0 | 387,743 |
| Bank loan | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 0 | 300 | 7,449 | 0 | 4,199 |
| Group/Directors Accounts | 0 | 0 | 0 | 4,422 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 76,250 | 436,928 | 247,921 | 66,250 | 676,250 |
| total current liabilities | 76,250 | 437,228 | 255,370 | 70,672 | 1,068,192 |
| 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 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 76,250 | 437,228 | 255,370 | 70,672 | 1,068,192 |
| net assets | 3,688 | 695,548 | -67,914 | -59,287 | 1,750 |
| total shareholders funds | 3,688 | 695,548 | -67,914 | -59,287 | 1,750 |
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | |
|---|---|---|---|---|---|
| Operating Activities | |||||
| Operating Profit | |||||
| Depreciation | 0 | 0 | 0 | 0 | 0 |
| Amortisation | 0 | 0 | 0 | 0 | 0 |
| Tax | |||||
| Stock | 0 | -108,370 | 108,370 | -867,403 | 867,403 |
| Debtors | -1,092,508 | 1,100,252 | 4,849 | -22,846 | 26,493 |
| Creditors | -300 | -7,149 | 7,449 | -4,199 | 4,199 |
| Accruals and Deferred Income | -360,678 | 189,007 | 181,671 | -610,000 | 676,250 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 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 | -4,422 | 4,422 | 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 | 39,670 | -46,562 | 62,852 | -168,308 | 176,046 |
| overdraft | 0 | 0 | 0 | -387,743 | 387,743 |
| change in cash | 39,670 | -46,562 | 62,852 | 219,435 | -211,697 |
cross commercial developments ltd Credit Report and Business Information
Cross Commercial Developments Ltd Competitor Analysis
Perform a competitor analysis for cross commercial developments ltd by selecting its closest rivals, whether from the CONSTRUCTION sector, other micro companies, companies in BN7 area or any other competitors across 12 key performance metrics.
cross commercial developments ltd Ownership
CROSS COMMERCIAL DEVELOPMENTS LTD group structure
Cross Commercial Developments Ltd has no subsidiary companies.
Ultimate parent company
1 parent
CROSS COMMERCIAL DEVELOPMENTS LTD
11409711
cross commercial developments ltd directors
Cross Commercial Developments Ltd currently has 2 directors. The longest serving directors include Mr Robin Cross (Jun 2018) and Mr Simon Griston (Nov 2020).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Robin Cross | England | 59 years | Jun 2018 | - | Director |
| Mr Simon Griston | England | 48 years | Nov 2020 | - | Director |
P&L
March 2023turnover
272.5k
+138%
operating profit
-693.7k
0%
gross margin
25.8%
+8.74%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2023net assets
3.7k
-0.99%
total assets
79.9k
-0.93%
cash
63.7k
+1.65%
net assets
Total assets minus all liabilities
cross commercial developments ltd company details
company number
11409711
Type
Private limited with Share Capital
industry
41100 - Development of building projects
incorporation date
June 2018
age
6
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
March 2023
previous names
N/A
accountant
HENTON RANSOM LIMITED
auditor
-
address
ord kingston road, lewes, BN7 3NB
Bank
-
Legal Advisor
-
cross commercial 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 2 charges/mortgages relating to cross commercial developments ltd. Currently there are 2 open charges and 0 have been satisfied in the past.
cross commercial 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 CROSS COMMERCIAL DEVELOPMENTS LTD. This can take several minutes, an email will notify you when this has completed.
cross commercial developments ltd Companies House Filings - See Documents
| date | description | view/download |
|---|
