wedgewood developments limited

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wedgewood developments limited Company Information

Share WEDGEWOOD DEVELOPMENTS LIMITED

Company Number

11894302

Shareholders

david grant

spectacular companies limited

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Group Structure

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Industry

Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.

 +1

Registered Address

77 swallow crescent, ravenshead, nottingham, NG15 9JN

wedgewood developments limited Estimated Valuation

£264.1k

Pomanda estimates the enterprise value of WEDGEWOOD DEVELOPMENTS LIMITED at £264.1k based on a Turnover of £84.8k and 3.12x industry multiple (adjusted for size and gross margin).

wedgewood developments limited Estimated Valuation

£483.7k

Pomanda estimates the enterprise value of WEDGEWOOD DEVELOPMENTS LIMITED at £483.7k based on an EBITDA of £75.4k and a 6.41x industry multiple (adjusted for size and gross margin).

wedgewood developments limited Estimated Valuation

£41.6k

Pomanda estimates the enterprise value of WEDGEWOOD DEVELOPMENTS LIMITED at £41.6k based on Net Assets of £24.7k and 1.68x industry multiple (adjusted for liquidity).

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Wedgewood Developments Limited Overview

Wedgewood Developments Limited is a live company located in nottingham, NG15 9JN with a Companies House number of 11894302. It operates in the buying and selling of own real estate sector, SIC Code 68100. Founded in March 2019, it's largest shareholder is david grant with a 40% stake. Wedgewood Developments Limited is a young, micro sized company, Pomanda has estimated its turnover at £84.8k with declining growth in recent years.

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Wedgewood Developments Limited Health Check

Pomanda's financial health check has awarded Wedgewood Developments Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 5 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating3.5out of 5
positive_score

3 Strong

positive_score

2 Regular

positive_score

5 Weak

size

Size

annual sales of £84.8k, make it smaller than the average company (£873.2k)

£84.8k - Wedgewood Developments Limited

£873.2k - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -20%, show it is growing at a slower rate (4%)

-20% - Wedgewood Developments Limited

4% - Industry AVG

production

Production

with a gross margin of 71.2%, this company has a comparable cost of product (71.2%)

71.2% - Wedgewood Developments Limited

71.2% - Industry AVG

profitability

Profitability

an operating margin of 89% make it more profitable than the average company (28.4%)

89% - Wedgewood Developments Limited

28.4% - Industry AVG

employees

Employees

with 1 employees, this is below the industry average (4)

1 - Wedgewood Developments Limited

4 - Industry AVG

paystructure

Pay Structure

on an average salary of £35.4k, the company has an equivalent pay structure (£35.4k)

£35.4k - Wedgewood Developments Limited

£35.4k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £84.8k, this is less efficient (£188.8k)

£84.8k - Wedgewood Developments Limited

£188.8k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 10 days, this is earlier than average (28 days)

10 days - Wedgewood Developments Limited

28 days - Industry AVG

creditordays

Creditor Days

There is insufficient data available for this Key Performance Indicator!

- - Wedgewood Developments Limited

- - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Wedgewood Developments Limited

- - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 444 weeks, this is more cash available to meet short term requirements (10 weeks)

444 weeks - Wedgewood Developments Limited

10 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 96.9%, this is a higher level of debt than the average (62.9%)

96.9% - Wedgewood Developments Limited

62.9% - Industry AVG

WEDGEWOOD DEVELOPMENTS LIMITED financials

EXPORTms excel logo

Wedgewood Developments Limited's latest turnover from March 2024 is estimated at £84.8 thousand and the company has net assets of £24.7 thousand. According to their latest financial statements, Wedgewood Developments Limited has 1 employee and maintains cash reserves of £13.5 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020
Turnover84,77086,755174,353165,36210,667
Other Income Or Grants00000
Cost Of Sales24,40025,52751,72247,4903,087
Gross Profit60,37061,228122,631117,8727,580
Admin Expenses-15,06348,386120,787100,09656,765
Operating Profit75,43312,8421,84417,776-49,185
Interest Payable57,07360,18843,19028,6009,915
Interest Receivable5671,13219751
Pre-Tax Profit18,927-46,214-41,149-10,819-59,098
Tax-4,7320000
Profit After Tax14,195-46,214-41,149-10,819-59,098
Dividends Paid00000
Retained Profit14,195-46,214-41,149-10,819-59,098
Employee Costs35,44032,88533,02031,25433,103
Number Of Employees11111
EBITDA*75,43312,8421,84417,776-49,185

* Earnings Before Interest, Tax, Depreciation and Amortisation

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020
Tangible Assets768,369768,3691,191,9391,118,369503,000
Intangible Assets00000
Investments & Other00000
Debtors (Due After 1 year)00000
Total Fixed Assets768,369768,3691,191,9391,118,369503,000
Stock & work in progress00000
Trade Debtors2,3802,84700820
Group Debtors00000
Misc Debtors17,951100,2539,3042,9390
Cash13,5128,07745,1927,4702,775
misc current assets00000
total current assets33,843111,17754,49610,4093,595
total assets802,212879,5461,246,4351,128,778506,595
Bank overdraft00000
Bank loan00000
Trade Creditors 00000
Group/Directors Accounts00888888809
other short term finances00000
hp & lease commitments00000
other current liabilities1,5797924,72363,821127,485
total current liabilities1,5797925,61164,709128,294
loans507,318507,318667,073612,643325,068
hp & lease commitments00000
Accruals and Deferred Income00000
other liabilities229,317321,633327,186163,7120
provisions39,30839,30867,91267,91221,305
total long term liabilities775,943868,2591,062,171844,267346,373
total liabilities777,522869,0511,067,782908,976474,667
net assets24,69010,495178,653219,80231,928
total shareholders funds24,69010,495178,653219,80231,928
Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020
Operating Activities
Operating Profit75,43312,8421,84417,776-49,185
Depreciation00000
Amortisation00000
Tax-4,7320000
Stock00000
Debtors-82,76993,7966,3652,119820
Creditors00000
Accruals and Deferred Income787-3,931-59,098-63,664127,485
Deferred Taxes & Provisions0-28,604046,60721,305
Cash flow from operations154,257-113,489-63,619-1,40098,785
Investing Activities
capital expenditure0423,570-73,570-615,369-503,000
Change in Investments00000
cash flow from investments0423,570-73,570-615,369-503,000
Financing Activities
Bank loans00000
Group/Directors Accounts0-888079809
Other Short Term Loans 00000
Long term loans0-159,75554,430287,575325,068
Hire Purchase and Lease Commitments00000
other long term liabilities-92,316-5,553163,474163,7120
share issue0-121,9440198,69391,026
interest-56,506-59,056-42,993-28,595-9,914
cash flow from financing-148,822-347,196174,911621,464406,989
cash and cash equivalents
cash5,435-37,11537,7224,6952,775
overdraft00000
change in cash5,435-37,11537,7224,6952,775

wedgewood developments limited Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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Wedgewood Developments Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for wedgewood developments limited by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other micro companies, companies in NG15 area or any other competitors across 12 key performance metrics.

wedgewood developments limited Ownership

WEDGEWOOD DEVELOPMENTS LIMITED group structure

Wedgewood Developments Limited has no subsidiary companies.

Ultimate parent company

WEDGEWOOD DEVELOPMENTS LIMITED

11894302

WEDGEWOOD DEVELOPMENTS LIMITED Shareholders

david grant 40%
spectacular companies limited 22.5%
jmd investment holdings limited 22.5%
mihir shah 10%
smitha kini 2%
deepti bourne 2%
neill adams 0.5%
nishant kapoor 0.5%

wedgewood developments limited directors

Wedgewood Developments Limited currently has 2 directors. The longest serving directors include Mr David Grant (Mar 2019) and Mr David Grant (Mar 2019).

officercountryagestartendrole
Mr David GrantEngland35 years Mar 2019- Director
Mr David GrantEngland35 years Mar 2019- Director

P&L

March 2024

turnover

84.8k

-2%

operating profit

75.4k

0%

gross margin

71.3%

+0.91%

turnover

Turnover, or revenue, is the amount of sales generated by a company within the financial year.

Balance Sheet

March 2024

net assets

24.7k

+1.35%

total assets

802.2k

-0.09%

cash

13.5k

+0.67%

net assets

Total assets minus all liabilities

wedgewood developments limited company details

company number

11894302

Type

Private limited with Share Capital

industry

68209 - Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.

68100 - Buying and selling of own real estate

incorporation date

March 2019

age

6

incorporated

UK

ultimate parent company

None

accounts

Total Exemption Full

last accounts submitted

March 2024

previous names

N/A

accountant

-

auditor

-

address

77 swallow crescent, ravenshead, nottingham, NG15 9JN

Bank

-

Legal Advisor

-

wedgewood 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 found 10 charges/mortgages relating to wedgewood developments limited. Currently there are 10 open charges and 0 have been satisfied in the past.

wedgewood developments 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.

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wedgewood developments limited Companies House Filings - See Documents

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