maythorn developments (fir tree) limited
maythorn developments (fir tree) limited Company Information
Company Number
11615325
Next Accounts
Jul 2025
Shareholders
majestic sbp limited
Group Structure
View All
Industry
Development of building projects
Registered Address
azzurri house walsall road, aldridge, walsall, WS9 0RB
Website
maythornconstruction.co.ukmaythorn developments (fir tree) limited Estimated Valuation
Pomanda estimates the enterprise value of MAYTHORN DEVELOPMENTS (FIR TREE) LIMITED at £1m based on a Turnover of £1.9m and 0.52x industry multiple (adjusted for size and gross margin).
maythorn developments (fir tree) limited Estimated Valuation
Pomanda estimates the enterprise value of MAYTHORN DEVELOPMENTS (FIR TREE) LIMITED at £202.6k based on an EBITDA of £50.8k and a 3.99x industry multiple (adjusted for size and gross margin).
maythorn developments (fir tree) limited Estimated Valuation
Pomanda estimates the enterprise value of MAYTHORN DEVELOPMENTS (FIR TREE) LIMITED at £57.9k based on Net Assets of £38.7k and 1.49x industry multiple (adjusted for liquidity).
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Maythorn Developments (fir Tree) Limited Overview
Maythorn Developments (fir Tree) Limited is a live company located in walsall, WS9 0RB with a Companies House number of 11615325. It operates in the development of building projects sector, SIC Code 41100. Founded in October 2018, it's largest shareholder is majestic sbp limited with a 100% stake. Maythorn Developments (fir Tree) Limited is a young, small sized company, Pomanda has estimated its turnover at £1.9m with rapid growth in recent years.
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Maythorn Developments (fir Tree) Limited Health Check
Pomanda's financial health check has awarded Maythorn Developments (Fir Tree) Limited a 2 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 4 areas for improvement. Company Health Check FAQs
2 Strong
4 Regular
4 Weak
Size
annual sales of £1.9m, make it in line with the average company (£2.2m)
- Maythorn Developments (fir Tree) Limited
£2.2m - Industry AVG
Growth
3 year (CAGR) sales growth of 130%, show it is growing at a faster rate (3.6%)
- Maythorn Developments (fir Tree) Limited
3.6% - Industry AVG
Production
with a gross margin of 26.6%, this company has a comparable cost of product (26.6%)
- Maythorn Developments (fir Tree) Limited
26.6% - Industry AVG
Profitability
an operating margin of 2.6% make it less profitable than the average company (6.8%)
- Maythorn Developments (fir Tree) Limited
6.8% - Industry AVG
Employees
with 8 employees, this is above the industry average (6)
- Maythorn Developments (fir Tree) Limited
6 - Industry AVG
Pay Structure
on an average salary of £47.3k, the company has an equivalent pay structure (£47.3k)
- Maythorn Developments (fir Tree) Limited
£47.3k - Industry AVG
Efficiency
resulting in sales per employee of £243.5k, this is equally as efficient (£270.5k)
- Maythorn Developments (fir Tree) Limited
£270.5k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Maythorn Developments (fir Tree) Limited
- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- Maythorn Developments (fir Tree) Limited
- - Industry AVG
Stock Days
it holds stock equivalent to 294 days, this is more than average (158 days)
- Maythorn Developments (fir Tree) Limited
158 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (13 weeks)
0 weeks - Maythorn Developments (fir Tree) Limited
13 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 96.7%, this is a higher level of debt than the average (72.3%)
96.7% - Maythorn Developments (fir Tree) Limited
72.3% - Industry AVG
MAYTHORN DEVELOPMENTS (FIR TREE) LIMITED financials
Maythorn Developments (Fir Tree) Limited's latest turnover from October 2023 is estimated at £1.9 million and the company has net assets of £38.7 thousand. According to their latest financial statements, we estimate that Maythorn Developments (Fir Tree) Limited has 8 employees and maintains cash reserves of £10 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Oct 2023 | Oct 2022 | Oct 2021 | Oct 2020 | Oct 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 | |||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Oct 2023 | Oct 2022 | Oct 2021 | Oct 2020 | Oct 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 | 1,154,618 | 530,000 | 0 | 464,545 | 294,545 |
| Trade Debtors | 0 | 0 | 0 | 0 | 0 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 1,799 | 0 | 0 | 0 | 0 |
| Cash | 10,037 | 4,027 | 100 | 100 | 100 |
| misc current assets | 0 | 0 | 0 | 0 | 0 |
| total current assets | 1,166,454 | 534,027 | 100 | 464,645 | 294,645 |
| total assets | 1,166,454 | 534,027 | 100 | 464,645 | 294,645 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 0 | 9,935 | 0 | 73 | 73 |
| Group/Directors Accounts | 0 | 0 | 0 | 506,729 | 294,845 |
| other short term finances | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 1,127,717 | 523,713 | 0 | 1,993 | 900 |
| total current liabilities | 1,127,717 | 533,648 | 0 | 508,795 | 295,818 |
| 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 | 1,127,717 | 533,648 | 0 | 508,795 | 295,818 |
| net assets | 38,737 | 379 | 100 | -44,150 | -1,173 |
| total shareholders funds | 38,737 | 379 | 100 | -44,150 | -1,173 |
| Oct 2023 | Oct 2022 | Oct 2021 | Oct 2020 | Oct 2019 | |
|---|---|---|---|---|---|
| Operating Activities | |||||
| Operating Profit | |||||
| Depreciation | 0 | 0 | 0 | 0 | 0 |
| Amortisation | 0 | 0 | 0 | 0 | 0 |
| Tax | |||||
| Stock | 624,618 | 530,000 | -464,545 | 170,000 | 294,545 |
| Debtors | 1,799 | 0 | 0 | 0 | 0 |
| Creditors | -9,935 | 9,935 | -73 | 0 | 73 |
| Accruals and Deferred Income | 604,004 | 523,713 | -1,993 | 1,093 | 900 |
| 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 | -506,729 | 211,884 | 294,845 |
| 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 | 6,010 | 3,927 | 0 | 0 | 100 |
| overdraft | 0 | 0 | 0 | 0 | 0 |
| change in cash | 6,010 | 3,927 | 0 | 0 | 100 |
maythorn developments (fir tree) limited Credit Report and Business Information
Maythorn Developments (fir Tree) Limited Competitor Analysis
Perform a competitor analysis for maythorn developments (fir tree) limited by selecting its closest rivals, whether from the CONSTRUCTION sector, other small companies, companies in WS9 area or any other competitors across 12 key performance metrics.
maythorn developments (fir tree) limited Ownership
MAYTHORN DEVELOPMENTS (FIR TREE) LIMITED group structure
Maythorn Developments (Fir Tree) Limited has no subsidiary companies.
Ultimate parent company
1 parent
MAYTHORN DEVELOPMENTS (FIR TREE) LIMITED
11615325
maythorn developments (fir tree) limited directors
Maythorn Developments (Fir Tree) Limited currently has 3 directors. The longest serving directors include Mr Jacob Sedgemore (Oct 2018) and Mr Daniele Bragoli (Apr 2022).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Jacob Sedgemore | United Kingdom | 46 years | Oct 2018 | - | Director |
| Mr Daniele Bragoli | England | 39 years | Apr 2022 | - | Director |
| Mr Daniele Bragoli | England | 39 years | Apr 2022 | - | Director |
P&L
October 2023turnover
1.9m
+570%
operating profit
50.8k
0%
gross margin
26.7%
+4.7%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
October 2023net assets
38.7k
+101.21%
total assets
1.2m
+1.18%
cash
10k
+1.49%
net assets
Total assets minus all liabilities
maythorn developments (fir tree) limited company details
company number
11615325
Type
Private limited with Share Capital
industry
41100 - Development of building projects
incorporation date
October 2018
age
7
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
October 2023
previous names
N/A
accountant
-
auditor
-
address
azzurri house walsall road, aldridge, walsall, WS9 0RB
Bank
-
Legal Advisor
-
maythorn developments (fir tree) 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 maythorn developments (fir tree) limited.
maythorn developments (fir tree) 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.
Click to start generating capital raising & share issue transactions for MAYTHORN DEVELOPMENTS (FIR TREE) LIMITED. This can take several minutes, an email will notify you when this has completed.
maythorn developments (fir tree) limited Companies House Filings - See Documents
| date | description | view/download |
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