radian developments limited
radian developments limited Company Information
Company Number
11565060
Website
https://abrihomes.co.ukRegistered Address
collins house bishopstoke road, eastleigh, SO50 6AD
Industry
Development of building projects
Telephone
-
Next Accounts Due
December 2025
Group Structure
View All
Shareholders
abri group limited 100%
radian developments limited Estimated Valuation
Pomanda estimates the enterprise value of RADIAN DEVELOPMENTS LIMITED at £0 based on a Turnover of £0 and 0.53x industry multiple (adjusted for size and gross margin).
radian developments limited Estimated Valuation
Pomanda estimates the enterprise value of RADIAN DEVELOPMENTS LIMITED at £0 based on an EBITDA of £-409k and a 4.04x industry multiple (adjusted for size and gross margin).
radian developments limited Estimated Valuation
Pomanda estimates the enterprise value of RADIAN DEVELOPMENTS LIMITED at £376.2k based on Net Assets of £243k and 1.55x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Radian Developments Limited Overview
Radian Developments Limited is a live company located in eastleigh, SO50 6AD with a Companies House number of 11565060. It operates in the development of building projects sector, SIC Code 41100. Founded in September 2018, it's largest shareholder is abri group limited with a 100% stake. Radian Developments Limited is a young, unknown sized company, Pomanda has estimated its turnover at £0 with unknown growth in recent years.
Upgrade for unlimited company reports & a free credit check
Radian Developments Limited Health Check
Pomanda's financial health check has awarded Radian Developments Limited a 1 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 2 areas for improvement. Company Health Check FAQs
1 Strong
0 Regular
2 Weak
Size
There is insufficient data available for this Key Performance Indicator!
- - Radian Developments Limited
- - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Radian Developments Limited
- - Industry AVG
Production
There is insufficient data available for this Key Performance Indicator!
- - Radian Developments Limited
- - Industry AVG
Profitability
There is insufficient data available for this Key Performance Indicator!
- - Radian Developments Limited
- - Industry AVG
Employees
with 1 employees, this is below the industry average (6)
- Radian Developments Limited
- - Industry AVG
Pay Structure
There is insufficient data available for this Key Performance Indicator!
- Radian Developments Limited
- - Industry AVG
Efficiency
There is insufficient data available for this Key Performance Indicator!
- Radian Developments Limited
- - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- - Radian Developments Limited
- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- - Radian Developments Limited
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Radian Developments Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 25 weeks, this is more cash available to meet short term requirements (11 weeks)
- - Radian Developments Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 94.7%, this is a higher level of debt than the average (74.6%)
- - Radian Developments Limited
- - Industry AVG
RADIAN DEVELOPMENTS LIMITED financials
Radian Developments Limited's latest turnover from March 2024 is 0 and the company has net assets of £243 thousand. According to their latest financial statements, we estimate that Radian Developments Limited has 1 employee and maintains cash reserves of £2.1 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | |
|---|---|---|---|---|---|---|
| Turnover | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Income Or Grants | ||||||
| Cost Of Sales | ||||||
| Gross Profit | ||||||
| Admin Expenses | ||||||
| Operating Profit | -409,000 | -468,000 | -156,000 | -72,000 | -333,000 | -27,000 |
| Interest Payable | 114,000 | 223,000 | 85,000 | 0 | 0 | 0 |
| Interest Receivable | 0 | 0 | 0 | 0 | 0 | 0 |
| Pre-Tax Profit | 1,116,000 | 797,000 | 759,000 | 528,000 | -1,036,000 | -545,000 |
| Tax | 824,000 | 127,000 | 332,000 | -101,000 | 0 | 0 |
| Profit After Tax | 1,940,000 | 924,000 | 1,091,000 | 427,000 | -1,036,000 | -545,000 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 |
| Retained Profit | 1,940,000 | 924,000 | 1,091,000 | 427,000 | -1,036,000 | -545,000 |
| Employee Costs | 0 | 0 | 0 | 0 | 0 | 0 |
| Number Of Employees | ||||||
| EBITDA* | -409,000 | -468,000 | -156,000 | -72,000 | -333,000 | -27,000 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | |
|---|---|---|---|---|---|---|
| Tangible Assets | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 0 | 0 | 0 | 0 | 0 | 0 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 0 | 2,000 | 2,206,000 | 0 | 0 | 0 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 2,206,000 | 1,251,000 | 382,000 | 0 | 0 |
| Cash | 2,133,000 | 1,827,000 | 3,595,000 | 3,101,000 | 1,000 | 1,000 |
| misc current assets | 2,436,000 | 3,577,000 | 0 | 0 | 0 | 0 |
| total current assets | 4,569,000 | 7,612,000 | 7,052,000 | 3,483,000 | 1,000 | 1,000 |
| total assets | 4,569,000 | 7,612,000 | 7,052,000 | 3,483,000 | 1,000 | 1,000 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 52,000 | 181,000 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 1,963,000 | 1,810,000 | 674,000 | 431,000 | 360,000 | 27,000 |
| other short term finances | 0 | 0 | 4,200,000 | 2,500,000 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 2,311,000 | 1,278,000 | 1,881,000 | 419,000 | 1,221,000 | 518,000 |
| total current liabilities | 4,326,000 | 3,269,000 | 6,755,000 | 3,350,000 | 1,581,000 | 545,000 |
| loans | 0 | 4,200,000 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 4,200,000 | 0 | 0 | 0 | 0 |
| total liabilities | 4,326,000 | 7,469,000 | 6,755,000 | 3,350,000 | 1,581,000 | 545,000 |
| net assets | 243,000 | 143,000 | 297,000 | 133,000 | -1,580,000 | -544,000 |
| total shareholders funds | 243,000 | 143,000 | 297,000 | 133,000 | -1,580,000 | -544,000 |
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | |
|---|---|---|---|---|---|---|
| Operating Activities | ||||||
| Operating Profit | -409,000 | -468,000 | -156,000 | -72,000 | -333,000 | -27,000 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | 824,000 | 127,000 | 332,000 | -101,000 | 0 | 0 |
| Stock | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | -2,208,000 | -1,249,000 | 3,075,000 | 382,000 | 0 | 0 |
| Creditors | -129,000 | 181,000 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 1,033,000 | -603,000 | 1,462,000 | -802,000 | 703,000 | 518,000 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | 3,527,000 | 486,000 | -1,437,000 | -1,357,000 | 370,000 | 491,000 |
| Investing Activities | ||||||
| capital expenditure | ||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | ||||||
| Financing Activities | ||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 153,000 | 1,136,000 | 243,000 | 71,000 | 333,000 | 27,000 |
| Other Short Term Loans | 0 | -4,200,000 | 1,700,000 | 2,500,000 | 0 | 0 |
| Long term loans | -4,200,000 | 4,200,000 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||
| interest | -114,000 | -223,000 | -85,000 | 0 | 0 | 0 |
| cash flow from financing | -6,001,000 | -165,000 | 931,000 | 3,857,000 | 333,000 | 28,000 |
| cash and cash equivalents | ||||||
| cash | 306,000 | -1,768,000 | 494,000 | 3,100,000 | 0 | 1,000 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 306,000 | -1,768,000 | 494,000 | 3,100,000 | 0 | 1,000 |
radian developments limited Credit Report and Business Information
Radian Developments Limited Competitor Analysis
Perform a competitor analysis for radian developments limited by selecting its closest rivals, whether from the CONSTRUCTION sector, other young companies, companies in SO50 area or any other competitors across 12 key performance metrics.
radian developments limited Ownership
RADIAN DEVELOPMENTS LIMITED group structure
Radian Developments Limited has no subsidiary companies.
radian developments limited directors
Radian Developments Limited currently has 4 directors. The longest serving directors include Mr John Orr (Dec 2018) and Mrs Caroline Moore (Nov 2019).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr John Orr | United Kingdom | 52 years | Dec 2018 | - | Director |
| Mrs Caroline Moore | United Kingdom | 59 years | Nov 2019 | - | Director |
| Ms Jane Alderman | United Kingdom | 62 years | May 2020 | - | Director |
| Mr Vimal Gaglani | United Kingdom | 44 years | Oct 2024 | - | Director |
P&L
March 2024turnover
0
0%
operating profit
-409k
-13%
gross margin
0%
0%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2024net assets
243k
+0.7%
total assets
4.6m
-0.4%
cash
2.1m
+0.17%
net assets
Total assets minus all liabilities
radian developments limited company details
company number
11565060
Type
Private limited with Share Capital
industry
41100 - Development of building projects
incorporation date
September 2018
age
6
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
March 2024
previous names
N/A
accountant
-
auditor
BDO LLP
address
collins house bishopstoke road, eastleigh, SO50 6AD
Bank
LLOYDS TSB BANK PLC
Legal Advisor
-
radian 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 radian developments limited.
radian developments limited Companies House Filings - See Documents
| date | description | view/download |
|---|
