empire state developments ltd

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empire state developments ltd Company Information

Share EMPIRE STATE DEVELOPMENTS LTD

Company Number

12202236

Shareholders

david jonathan grant

kulsoom junejo

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Group Structure

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Industry

Buying and selling of own real estate

 +1

Registered Address

77 swallow crescent, ravenshead, nottingham, NG15 9JN

Website

-

empire state developments ltd Estimated Valuation

£28.7k

Pomanda estimates the enterprise value of EMPIRE STATE DEVELOPMENTS LTD at £28.7k based on a Turnover of £9.3k and 3.1x industry multiple (adjusted for size and gross margin).

empire state developments ltd Estimated Valuation

£0

Pomanda estimates the enterprise value of EMPIRE STATE DEVELOPMENTS LTD at £0 based on an EBITDA of £-1k and a 6.37x industry multiple (adjusted for size and gross margin).

empire state developments ltd Estimated Valuation

£33.9k

Pomanda estimates the enterprise value of EMPIRE STATE DEVELOPMENTS LTD at £33.9k based on Net Assets of £20.1k and 1.68x industry multiple (adjusted for liquidity).

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Empire State Developments Ltd Overview

Empire State Developments Ltd is a live company located in nottingham, NG15 9JN with a Companies House number of 12202236. It operates in the buying and selling of own real estate sector, SIC Code 68100. Founded in September 2019, it's largest shareholder is david jonathan grant with a 50% stake. Empire State Developments Ltd is a young, micro sized company, Pomanda has estimated its turnover at £9.3k with unknown growth in recent years.

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Empire State Developments Ltd Health Check

Pomanda's financial health check has awarded Empire State Developments Ltd a 2 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 5 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating2out of 5
positive_score

1 Strong

positive_score

3 Regular

positive_score

5 Weak

size

Size

annual sales of £9.3k, make it smaller than the average company (£875.6k)

£9.3k - Empire State Developments Ltd

£875.6k - Industry AVG

growth

Growth

There is insufficient data available for this Key Performance Indicator!

- - Empire State Developments Ltd

- - Industry AVG

production

Production

with a gross margin of 70.6%, this company has a comparable cost of product (70.6%)

70.6% - Empire State Developments Ltd

70.6% - Industry AVG

profitability

Profitability

an operating margin of -11.1% make it less profitable than the average company (26.7%)

-11.1% - Empire State Developments Ltd

26.7% - Industry AVG

employees

Employees

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

1 - Empire State Developments Ltd

4 - Industry AVG

paystructure

Pay Structure

on an average salary of £34.4k, the company has an equivalent pay structure (£34.4k)

£34.4k - Empire State Developments Ltd

£34.4k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £9.3k, this is less efficient (£188.4k)

£9.3k - Empire State Developments Ltd

£188.4k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 29 days, this is near the average (29 days)

29 days - Empire State Developments Ltd

29 days - Industry AVG

creditordays

Creditor Days

There is insufficient data available for this Key Performance Indicator!

- - Empire State Developments Ltd

- - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Empire State Developments Ltd

- - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 82 weeks, this is more cash available to meet short term requirements (10 weeks)

82 weeks - Empire State Developments Ltd

10 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 86.4%, this is a higher level of debt than the average (66.3%)

86.4% - Empire State Developments Ltd

66.3% - Industry AVG

EMPIRE STATE DEVELOPMENTS LTD financials

EXPORTms excel logo

Empire State Developments Ltd's latest turnover from September 2023 is estimated at £9.3 thousand and the company has net assets of £20.1 thousand. According to their latest financial statements, we estimate that Empire State Developments Ltd has 1 employee and maintains cash reserves of £2.3 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Sep 2023Sep 2022Sep 2021Sep 2020
Turnover9,2768,87700
Other Income Or Grants0000
Cost Of Sales2,7272,74200
Gross Profit6,5486,13600
Admin Expenses7,5803,139-5,50916,404
Operating Profit-1,0322,9975,509-16,404
Interest Payable03,3784,9962,498
Interest Receivable28011521
Pre-Tax Profit-752-267515-18,901
Tax00-980
Profit After Tax-752-267417-18,901
Dividends Paid0000
Retained Profit-752-267417-18,901
Employee Costs34,37333,95200
Number Of Employees1100
EBITDA*-1,0322,9975,509-16,404

* Earnings Before Interest, Tax, Depreciation and Amortisation

Sep 2023Sep 2022Sep 2021Sep 2020
Tangible Assets145,000145,000150,000150,000
Intangible Assets0000
Investments & Other0000
Debtors (Due After 1 year)0000
Total Fixed Assets145,000145,000150,000150,000
Stock & work in progress0000
Trade Debtors74774700
Group Debtors0000
Misc Debtors00760100
Cash2,2818,3991,8122,375
misc current assets0000
total current assets3,0289,1462,5722,475
total assets148,028154,146152,572152,475
Bank overdraft0000
Bank loan0000
Trade Creditors 0000
Group/Directors Accounts0000
other short term finances0000
hp & lease commitments0000
other current liabilities1,4348001,0011,321
total current liabilities1,4348001,0011,321
loans0081,90081,900
hp & lease commitments0000
Accruals and Deferred Income0000
other liabilities117,192123,19234,25034,250
provisions9,2739,27310,22310,223
total long term liabilities126,465132,465126,373126,373
total liabilities127,899133,265127,374127,694
net assets20,12920,88125,19824,781
total shareholders funds20,12920,88125,19824,781
Sep 2023Sep 2022Sep 2021Sep 2020
Operating Activities
Operating Profit-1,0322,9975,509-16,404
Depreciation0000
Amortisation0000
Tax00-980
Stock0000
Debtors0-13660100
Creditors0000
Accruals and Deferred Income634-201-3201,321
Deferred Taxes & Provisions0-950010,223
Cash flow from operations-3981,8594,431-4,960
Investing Activities
capital expenditure05,0000-150,000
Change in Investments0000
cash flow from investments05,0000-150,000
Financing Activities
Bank loans0000
Group/Directors Accounts0000
Other Short Term Loans 0000
Long term loans0-81,900081,900
Hire Purchase and Lease Commitments0000
other long term liabilities-6,00088,942034,250
share issue0-4,050043,682
interest280-3,263-4,994-2,497
cash flow from financing-5,720-271-4,994157,335
cash and cash equivalents
cash-6,1186,587-5632,375
overdraft0000
change in cash-6,1186,587-5632,375

empire state developments ltd 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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Empire State Developments Ltd Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for empire state developments ltd 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.

empire state developments ltd Ownership

EMPIRE STATE DEVELOPMENTS LTD group structure

Empire State Developments Ltd has no subsidiary companies.

Ultimate parent company

EMPIRE STATE DEVELOPMENTS LTD

12202236

EMPIRE STATE DEVELOPMENTS LTD Shareholders

david jonathan grant 50%
kulsoom junejo 18%
kaniz fiza junejo 16%
abbas haider junejo 16%

empire state developments ltd directors

Empire State Developments Ltd currently has 2 directors. The longest serving directors include Mr David Grant (Sep 2019) and Mr David Grant (Sep 2019).

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

P&L

September 2023

turnover

9.3k

+4%

operating profit

-1k

0%

gross margin

70.6%

+2.15%

turnover

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

Balance Sheet

September 2023

net assets

20.1k

-0.04%

total assets

148k

-0.04%

cash

2.3k

-0.73%

net assets

Total assets minus all liabilities

empire state developments ltd company details

company number

12202236

Type

Private limited with Share Capital

industry

68100 - Buying and selling of own real estate

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

September 2019

age

6

incorporated

UK

ultimate parent company

None

accounts

Total Exemption Full

last accounts submitted

September 2023

previous names

N/A

accountant

-

auditor

-

address

77 swallow crescent, ravenshead, nottingham, NG15 9JN

Bank

-

Legal Advisor

-

empire state developments ltd 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 empire state developments ltd. Currently there are 2 open charges and 0 have been satisfied in the past.

empire state 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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empire state developments ltd Companies House Filings - See Documents

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