new lemon grove developments limited
new lemon grove developments limited Company Information
Company Number
12078393
Next Accounts
Sep 2025
Directors
Shareholders
40-46 surbiton road limited
Group Structure
View All
Industry
Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.
Registered Address
60 welbeck street, london, W1G 9XB
Website
-new lemon grove developments limited Estimated Valuation
Pomanda estimates the enterprise value of NEW LEMON GROVE DEVELOPMENTS LIMITED at £568.2k based on a Turnover of £173.1k and 3.28x industry multiple (adjusted for size and gross margin).
new lemon grove developments limited Estimated Valuation
Pomanda estimates the enterprise value of NEW LEMON GROVE DEVELOPMENTS LIMITED at £2.7m based on an EBITDA of £416.1k and a 6.42x industry multiple (adjusted for size and gross margin).
new lemon grove developments limited Estimated Valuation
Pomanda estimates the enterprise value of NEW LEMON GROVE DEVELOPMENTS LIMITED at £14.9m based on Net Assets of £8.5m and 1.75x industry multiple (adjusted for liquidity).
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New Lemon Grove Developments Limited Overview
New Lemon Grove Developments Limited is a live company located in london, W1G 9XB with a Companies House number of 12078393. It operates in the other letting and operating of own or leased real estate sector, SIC Code 68209. Founded in July 2019, it's largest shareholder is 40-46 surbiton road limited with a 100% stake. New Lemon Grove Developments Limited is a young, micro sized company, Pomanda has estimated its turnover at £173.1k with declining growth in recent years.
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New Lemon Grove Developments Limited Health Check
Pomanda's financial health check has awarded New Lemon Grove Developments Limited a 4 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 4 areas for improvement. Company Health Check FAQs
3 Strong
4 Regular
4 Weak
Size
annual sales of £173.1k, make it smaller than the average company (£1.1m)
- New Lemon Grove Developments Limited
£1.1m - Industry AVG
Growth
3 year (CAGR) sales growth of -36%, show it is growing at a slower rate (3.6%)
- New Lemon Grove Developments Limited
3.6% - Industry AVG
Production
with a gross margin of 71%, this company has a comparable cost of product (71%)
- New Lemon Grove Developments Limited
71% - Industry AVG
Profitability
an operating margin of 184.8% make it more profitable than the average company (21.6%)
- New Lemon Grove Developments Limited
21.6% - Industry AVG
Employees
with 1 employees, this is below the industry average (4)
- New Lemon Grove Developments Limited
4 - Industry AVG
Pay Structure
on an average salary of £33.1k, the company has an equivalent pay structure (£33.1k)
- New Lemon Grove Developments Limited
£33.1k - Industry AVG
Efficiency
resulting in sales per employee of £173.1k, this is equally as efficient (£202.7k)
- New Lemon Grove Developments Limited
£202.7k - Industry AVG
Debtor Days
it gets paid by customers after 39 days, this is near the average (33 days)
- New Lemon Grove Developments Limited
33 days - Industry AVG
Creditor Days
its suppliers are paid after 237 days, this is slower than average (34 days)
- New Lemon Grove Developments Limited
34 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- New Lemon Grove Developments Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 6 weeks, this is less cash available to meet short term requirements (10 weeks)
6 weeks - New Lemon Grove Developments Limited
10 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 2.5%, this is a lower level of debt than the average (71.6%)
2.5% - New Lemon Grove Developments Limited
71.6% - Industry AVG
NEW LEMON GROVE DEVELOPMENTS LIMITED financials
New Lemon Grove Developments Limited's latest turnover from December 2023 is estimated at £173.1 thousand and the company has net assets of £8.5 million. According to their latest financial statements, we estimate that New Lemon Grove Developments Limited has 1 employee and maintains cash reserves of £23.3 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | |
|---|---|---|---|---|
| Turnover | 448,674 | 649,400 | ||
| Other Income Or Grants | ||||
| Cost Of Sales | ||||
| Gross Profit | ||||
| Admin Expenses | ||||
| Operating Profit | 39,949 | 1,261,938 | ||
| Interest Payable | 554,082 | |||
| Interest Receivable | ||||
| Pre-Tax Profit | 39,949 | 707,856 | ||
| Tax | -52,833 | -221,670 | ||
| Profit After Tax | -12,884 | 486,186 | ||
| Dividends Paid | ||||
| Retained Profit | -12,884 | 486,186 | ||
| Employee Costs | ||||
| Number Of Employees | ||||
| EBITDA* | 78,806 | 1,292,625 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | |
|---|---|---|---|---|
| Tangible Assets | 2,585 | 25,298 | 61,415 | |
| Intangible Assets | ||||
| Investments & Other | 8,435,000 | 8,334,375 | 9,200,000 | 9,400,000 |
| Debtors (Due After 1 year) | 211,138 | |||
| Total Fixed Assets | 8,646,138 | 8,336,960 | 9,225,298 | 9,461,415 |
| Stock & work in progress | ||||
| Trade Debtors | 18,799 | 6,574 | 1,892 | |
| Group Debtors | 272,770 | 294,438 | ||
| Misc Debtors | 45,581 | 632,599 | 46,308 | 41,220 |
| Cash | 23,295 | 63,636 | 179,412 | 212,722 |
| misc current assets | ||||
| total current assets | 87,675 | 696,235 | 505,064 | 550,272 |
| total assets | 8,733,813 | 9,033,195 | 9,730,362 | 10,011,687 |
| Bank overdraft | 2,269 | 1,230 | ||
| Bank loan | ||||
| Trade Creditors | 32,656 | 707,218 | 9,790 | 9,479 |
| Group/Directors Accounts | 7,932 | 346,549 | ||
| other short term finances | ||||
| hp & lease commitments | ||||
| other current liabilities | 161,388 | 50,369 | 701,279 | 132,526 |
| total current liabilities | 194,044 | 757,587 | 721,270 | 489,784 |
| loans | 8,310,634 | |||
| hp & lease commitments | ||||
| Accruals and Deferred Income | 1,823 | 554,082 | ||
| other liabilities | ||||
| provisions | 20,780 | 175,000 | 171,000 | |
| total long term liabilities | 22,603 | 175,000 | 9,035,716 | |
| total liabilities | 216,647 | 757,587 | 896,270 | 9,525,500 |
| net assets | 8,517,166 | 8,275,608 | 8,834,092 | 486,187 |
| total shareholders funds | 8,517,166 | 8,275,608 | 8,834,092 | 486,187 |
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | |
|---|---|---|---|---|
| Operating Activities | ||||
| Operating Profit | 39,949 | 1,261,938 | ||
| Depreciation | 96,320 | 24,191 | 38,857 | 30,687 |
| Amortisation | ||||
| Tax | -52,833 | -221,670 | ||
| Stock | ||||
| Debtors | -357,081 | 306,947 | -11,898 | 337,550 |
| Creditors | -674,562 | 697,428 | 311 | 9,479 |
| Accruals and Deferred Income | 112,842 | -650,910 | 14,671 | 686,608 |
| Deferred Taxes & Provisions | 20,780 | -175,000 | 4,000 | 171,000 |
| Cash flow from operations | 56,853 | 1,600,492 | ||
| Investing Activities | ||||
| capital expenditure | ||||
| Change in Investments | 100,625 | -865,625 | -200,000 | 9,400,000 |
| cash flow from investments | ||||
| Financing Activities | ||||
| Bank loans | ||||
| Group/Directors Accounts | -7,932 | -338,617 | 346,549 | |
| Other Short Term Loans | ||||
| Long term loans | -8,310,634 | 8,310,634 | ||
| Hire Purchase and Lease Commitments | ||||
| other long term liabilities | ||||
| share issue | ||||
| interest | -554,082 | |||
| cash flow from financing | -288,462 | 8,103,102 | ||
| cash and cash equivalents | ||||
| cash | -40,341 | -115,776 | -33,310 | 212,722 |
| overdraft | -2,269 | 1,039 | 1,230 | |
| change in cash | -40,341 | -113,507 | -34,349 | 211,492 |
new lemon grove developments limited Credit Report and Business Information
New Lemon Grove Developments Limited Competitor Analysis
Perform a competitor analysis for new lemon grove developments limited by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other micro companies, companies in W1G area or any other competitors across 12 key performance metrics.
new lemon grove developments limited Ownership
NEW LEMON GROVE DEVELOPMENTS LIMITED group structure
New Lemon Grove Developments Limited has no subsidiary companies.
Ultimate parent company
UKR 16 SARL
#0169090
2 parents
NEW LEMON GROVE DEVELOPMENTS LIMITED
12078393
new lemon grove developments limited directors
New Lemon Grove Developments Limited currently has 1 director, Mr Christos Dimitriadis serving since Jan 2023.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Christos Dimitriadis | United Kingdom | 54 years | Jan 2023 | - | Director |
P&L
December 2023turnover
173.1k
-92%
operating profit
319.8k
0%
gross margin
71%
+0.46%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
8.5m
+0.03%
total assets
8.7m
-0.03%
cash
23.3k
-0.63%
net assets
Total assets minus all liabilities
Similar Companies
new lemon grove developments limited company details
company number
12078393
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.
incorporation date
July 2019
age
6
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
December 2023
previous names
N/A
accountant
-
auditor
-
address
60 welbeck street, london, W1G 9XB
Bank
-
Legal Advisor
-
new lemon grove 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 2 charges/mortgages relating to new lemon grove developments limited. Currently there are 2 open charges and 0 have been satisfied in the past.
new lemon grove 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.
Click to start generating capital raising & share issue transactions for NEW LEMON GROVE DEVELOPMENTS LIMITED. This can take several minutes, an email will notify you when this has completed.
new lemon grove developments limited Companies House Filings - See Documents
| date | description | view/download |
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