Pomanda estimates the enterprise value of MANCHESTER DEVELOPMENTS LTD at £848.5k based on a Turnover of £482.8k and 1.76x industry multiple (adjusted for size and gross margin).
manchester developments ltdEstimated Valuation
£0
Pomanda estimates the enterprise value of MANCHESTER DEVELOPMENTS LTD at £0 based on an EBITDA of £-14.2k and a 5.14x industry multiple (adjusted for size and gross margin).
manchester developments ltdEstimated Valuation
£0
Pomanda estimates the enterprise value of MANCHESTER DEVELOPMENTS LTD at £0 based on Net Assets of £-585.9k and 1.49x industry multiple (adjusted for liquidity).
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Manchester Developments LtdOverview
Manchester Developments Ltd is a live company located in manchester, M14 6XG with a Companies House number of 11585452. It operates in the buying and selling of own real estate sector, SIC Code 68100. Founded in September 2018, it's largest shareholder is
ali zolghadriha
with a 100% stake. Manchester Developments Ltd is a young,
micro sized company, Pomanda has estimated its turnover at
£482.8k with
rapid
growth in recent years.
Pomanda's financial health check has awarded Manchester Developments Ltd a 1 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 7 areas for improvement. Company Health Check FAQs
Health Rating1out of 5
1 Strong
2 Regular
7 Weak
Size
annual sales of £482.8k, make it smaller than the average company (£1.5m)
£482.8k - Manchester Developments Ltd
£1.5m - Industry AVG
Growth
3 year (CAGR) sales growth of 44%, show it is growing at a faster rate (3%)
44% - Manchester Developments Ltd
3% - Industry AVG
Production
with a gross margin of 47.7%, this company has a comparable cost of product (47.7%)
47.7% - Manchester Developments Ltd
47.7% - Industry AVG
Profitability
an operating margin of -2.9% make it less profitable than the average company (17.1%)
-2.9% - Manchester Developments Ltd
17.1% - Industry AVG
Employees
with 3 employees, this is below the industry average (5)
3 - Manchester Developments Ltd
5 - Industry AVG
Pay Structure
on an average salary of £42.3k, the company has an equivalent pay structure (£42.3k)
£42.3k - Manchester Developments Ltd
£42.3k - Industry AVG
Efficiency
resulting in sales per employee of £160.9k, this is less efficient (£233.8k)
£160.9k - Manchester Developments Ltd
£233.8k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- - Manchester Developments Ltd
- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- - Manchester Developments Ltd
- - Industry AVG
Stock Days
it holds stock equivalent to 1497 days, this is more than average (290 days)
1497 days - Manchester Developments Ltd
290 days - Industry AVG
Cash Balance
has cash to cover current liabilities
for 0 weeks, this is less cash available to meet short term requirements (11 weeks)
0 weeks - Manchester Developments Ltd
11 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 156.5%, this is a higher level of debt than the average (68.9%)
156.5% - Manchester Developments Ltd
68.9% - Industry AVG
MANCHESTER DEVELOPMENTS LTD financials
EXPORT
Manchester Developments Ltd's latest turnover from September 2023 is estimated at £482.8 thousand and the company has net assets of -£585.9 thousand. According to their latest financial statements, we estimate that Manchester Developments Ltd has 3 employees and maintains cash reserves of £184 as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Sep 2023
Sep 2022
Sep 2021
Sep 2020
Sep 2019
Turnover
482,764
425,093
305,732
162,954
209,524
Other Income Or Grants
Cost Of Sales
252,724
229,405
164,884
87,491
108,983
Gross Profit
230,040
195,687
140,848
75,462
100,541
Admin Expenses
244,194
226,556
189,132
144,577
237,001
Operating Profit
-14,154
-30,869
-48,284
-69,115
-136,460
Interest Payable
90,276
66,924
49,818
51,135
28,992
Interest Receivable
9
4
1
6
Pre-Tax Profit
-104,420
-97,790
-98,101
-120,249
-165,446
Tax
Profit After Tax
-104,420
-97,790
-98,101
-120,249
-165,446
Dividends Paid
Retained Profit
-104,420
-97,790
-98,101
-120,249
-165,446
Employee Costs
126,821
82,910
80,420
40,551
41,513
Number Of Employees
3
2
2
1
1
EBITDA*
-14,154
-30,869
-48,284
-69,115
-136,460
* Earnings Before Interest, Tax, Depreciation and Amortisation
Sep 2023
Sep 2022
Sep 2021
Sep 2020
Sep 2019
Tangible Assets
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
Stock & work in progress
1,036,976
1,036,976
1,032,621
1,030,335
1,017,577
Trade Debtors
Group Debtors
Misc Debtors
342
473
7,037
2,318
5,135
Cash
184
174
166
465
1,624
misc current assets
total current assets
1,037,502
1,037,623
1,039,824
1,033,118
1,024,336
total assets
1,037,502
1,037,623
1,039,824
1,033,118
1,024,336
Bank overdraft
Bank loan
Trade Creditors
12,570
26,641
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
10,411
5,271
5,855
4,213
3,018
total current liabilities
10,411
5,271
5,855
16,783
29,659
loans
798,303
806,596
815,813
817,548
859,025
hp & lease commitments
Accruals and Deferred Income
other liabilities
814,694
707,242
601,852
484,382
300,998
provisions
total long term liabilities
1,612,997
1,513,838
1,417,665
1,301,930
1,160,023
total liabilities
1,623,408
1,519,109
1,423,520
1,318,713
1,189,682
net assets
-585,906
-481,486
-383,696
-285,595
-165,346
total shareholders funds
-585,906
-481,486
-383,696
-285,595
-165,346
Sep 2023
Sep 2022
Sep 2021
Sep 2020
Sep 2019
Operating Activities
Operating Profit
-14,154
-30,869
-48,284
-69,115
-136,460
Depreciation
Amortisation
Tax
Stock
4,355
2,286
12,758
1,017,577
Debtors
-131
-6,564
4,719
-2,817
5,135
Creditors
-12,570
-14,071
26,641
Accruals and Deferred Income
5,140
-584
1,642
1,195
3,018
Deferred Taxes & Provisions
Cash flow from operations
-8,883
-29,244
-66,217
-91,932
-1,129,513
Investing Activities
capital expenditure
Change in Investments
cash flow from investments
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
-8,293
-9,217
-1,735
-41,477
859,025
Hire Purchase and Lease Commitments
other long term liabilities
107,452
105,390
117,470
183,384
300,998
share issue
100
interest
-90,267
-66,920
-49,818
-51,134
-28,986
cash flow from financing
8,892
29,253
65,917
90,773
1,131,137
cash and cash equivalents
cash
10
8
-299
-1,159
1,624
overdraft
change in cash
10
8
-299
-1,159
1,624
manchester developments ltd Credit Report and Business Information
Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
Get a comprehensive credit check for manchester developments ltd. Get real-time insights into manchester developments ltd's credit score, group structure and payment trends.
Perform a competitor analysis for manchester developments ltd by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other micro companies, companies in M14 area or any other competitors across 12 key performance metrics.
manchester developments ltd Ownership
MANCHESTER DEVELOPMENTS LTD group structure
Manchester Developments Ltd has no subsidiary companies.
Ultimate parent company
MANCHESTER DEVELOPMENTS LTD
11585452
MANCHESTER DEVELOPMENTS LTD Shareholders
The sole shareholder of Manchester Developments Ltd is Ali Zolghadriha.
ali zolghadriha
100%
manchester developments ltd directors
Manchester Developments Ltd currently has 2 directors.
The longest serving directors include
Mr Ali Zolghadriha (Aug 2019) and
Miss Rebecca Zolghadriha (Sep 2021).
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 manchester developments ltd.
manchester 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.
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manchester developments ltdCompanies House Filings - See Documents
