Pomanda estimates the enterprise value of ADDERSTONE DEVELOPMENTS (110) LIMITED at £1.3m based on a Turnover of £2.6m and 0.51x industry multiple (adjusted for size and gross margin).
Pomanda estimates the enterprise value of ADDERSTONE DEVELOPMENTS (110) LIMITED at £208.4k based on an EBITDA of £51.9k and a 4.01x industry multiple (adjusted for size and gross margin).
Pomanda estimates the enterprise value of ADDERSTONE DEVELOPMENTS (110) LIMITED at £46k based on Net Assets of £32.6k and 1.41x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Adderstone Developments (110) LimitedOverview
Adderstone Developments (110) Limited is a live company located in newcastle upon tyne, NE2 3AE with a Companies House number of 11939377. It operates in the development of building projects sector, SIC Code 41100. Founded in April 2019, it's largest shareholder is
adderstone 1993 limited
with a 100% stake. Adderstone Developments (110) Limited is a young,
small sized company, Pomanda has estimated its turnover at
£2.6m with
unknown
growth in recent years.
Adderstone Developments (110) Limited Health Check
Pomanda's financial health check has awarded Adderstone Developments (110) Limited a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 4 areas for improvement. Company Health Check FAQs
Health Rating1.5out of 5
1 Strong
4 Regular
4 Weak
Size
annual sales of £2.6m, make it in line with the average company (£2.3m)
£2.6m - Adderstone Developments (110) Limited
£2.3m - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- - Adderstone Developments (110) Limited
- - Industry AVG
Production
with a gross margin of 26.3%, this company has a comparable cost of product (26.3%)
26.3% - Adderstone Developments (110) Limited
26.3% - Industry AVG
Profitability
an operating margin of 2% make it less profitable than the average company (7.5%)
2% - Adderstone Developments (110) Limited
7.5% - Industry AVG
Employees
with 10 employees, this is above the industry average (6)
10 - Adderstone Developments (110) Limited
6 - Industry AVG
Pay Structure
on an average salary of £48.3k, the company has an equivalent pay structure (£48.3k)
£48.3k - Adderstone Developments (110) Limited
£48.3k - Industry AVG
Efficiency
resulting in sales per employee of £259.8k, this is equally as efficient (£277.7k)
£259.8k - Adderstone Developments (110) Limited
£277.7k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- - Adderstone Developments (110) Limited
- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- - Adderstone Developments (110) Limited
- - Industry AVG
Stock Days
it holds stock equivalent to 363 days, this is more than average (197 days)
363 days - Adderstone Developments (110) Limited
197 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 - Adderstone Developments (110) Limited
11 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 98.3%, this is a higher level of debt than the average (73.8%)
98.3% - Adderstone Developments (110) Limited
73.8% - Industry AVG
ADDERSTONE DEVELOPMENTS (110) LIMITED financials
EXPORT
Adderstone Developments (110) Limited's latest turnover from March 2024 is estimated at £2.6 million and the company has net assets of £32.6 thousand. According to their latest financial statements, we estimate that Adderstone Developments (110) Limited has 10 employees and maintains cash reserves of £29.6 thousand as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Mar 2024
Mar 2023
Mar 2022
Mar 2021
Mar 2020
Turnover
2,597,968
Other Income Or Grants
Cost Of Sales
1,915,524
Gross Profit
682,444
Admin Expenses
630,507
471
3,806
232
2,520
Operating Profit
51,937
-471
-3,806
-232
-2,520
Interest Payable
Interest Receivable
871
1
Pre-Tax Profit
52,808
-471
-3,806
-232
-2,519
Tax
-13,202
Profit After Tax
39,606
-471
-3,806
-232
-2,519
Dividends Paid
Retained Profit
39,606
-471
-3,806
-232
-2,519
Employee Costs
482,620
45,947
44,455
43,319
43,421
Number Of Employees
10
1
1
1
1
EBITDA*
51,937
-471
-3,806
-232
-2,520
* Earnings Before Interest, Tax, Depreciation and Amortisation
Mar 2024
Mar 2023
Mar 2022
Mar 2021
Mar 2020
Tangible Assets
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
Stock & work in progress
1,910,176
3,330,486
2,398,526
1,070,286
497,936
Trade Debtors
Group Debtors
Misc Debtors
4,202
1,488
1,153
1,291
68,612
Cash
29,606
3,578
6,880
874
1,096
misc current assets
total current assets
1,943,984
3,335,552
2,406,559
1,072,451
567,644
total assets
1,943,984
3,335,552
2,406,559
1,072,451
567,644
Bank overdraft
1,454,496
Bank loan
Trade Creditors
500
7,703
Group/Directors Accounts
1,757,291
3,248,079
864,119
955,008
467,959
other short term finances
hp & lease commitments
other current liabilities
154,114
94,500
94,500
119,693
94,500
total current liabilities
1,911,405
3,342,579
2,413,115
1,075,201
570,162
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
total long term liabilities
total liabilities
1,911,405
3,342,579
2,413,115
1,075,201
570,162
net assets
32,579
-7,027
-6,556
-2,750
-2,518
total shareholders funds
32,579
-7,027
-6,556
-2,750
-2,518
Mar 2024
Mar 2023
Mar 2022
Mar 2021
Mar 2020
Operating Activities
Operating Profit
51,937
-471
-3,806
-232
-2,520
Depreciation
Amortisation
Tax
-13,202
Stock
-1,420,310
931,960
1,328,240
572,350
497,936
Debtors
2,714
335
-138
-67,321
68,612
Creditors
-500
-7,203
7,703
Accruals and Deferred Income
59,614
-25,193
25,193
94,500
Deferred Taxes & Provisions
Cash flow from operations
1,515,945
-932,766
-1,357,601
-487,271
-466,865
Investing Activities
capital expenditure
Change in Investments
cash flow from investments
Financing Activities
Bank loans
Group/Directors Accounts
-1,490,788
2,383,960
-90,889
487,049
467,959
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
share issue
1
interest
871
1
cash flow from financing
-1,489,917
2,383,960
-90,889
487,049
467,961
cash and cash equivalents
cash
26,028
-3,302
6,006
-222
1,096
overdraft
-1,454,496
1,454,496
change in cash
26,028
1,451,194
-1,448,490
-222
1,096
adderstone developments (110) limited 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 adderstone developments (110) limited. Get real-time insights into adderstone developments (110) limited's credit score, group structure and payment trends.
Perform a competitor analysis for adderstone developments (110) limited by selecting its closest rivals, whether from the CONSTRUCTION sector, other small companies, companies in NE2 area or any other competitors across 12 key performance metrics.
adderstone developments (110) limited Ownership
ADDERSTONE DEVELOPMENTS (110) LIMITED group structure
Adderstone Developments (110) Limited has no subsidiary companies.
The sole shareholder of Adderstone Developments (110) Limited is Adderstone 1993 Limited.
adderstone 1993 limited
100%
adderstone developments (110) limited directors
Adderstone Developments (110) Limited currently has 3 directors.
The longest serving directors include
Dr Ian Baggett (Apr 2019) and
Mrs Allison Harrison (Jan 2023).
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 3 charges/mortgages relating to adderstone developments (110) limited. Currently there are 0 open charges and 3 have been satisfied in the past.
adderstone developments (110) 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 ADDERSTONE DEVELOPMENTS (110) LIMITED. This can take several minutes, an email will notify you when this has completed.
adderstone developments (110) limitedCompanies House Filings - See Documents
