really local developments limited
really local developments limited Company Information
Company Number
12207504
Next Accounts
Sep 2025
Directors
Shareholders
preston benson
terry cowell
Group Structure
View All
Industry
Other building completion and finishing
Registered Address
305 baltic quay 1 sweden gate, london, SE16 7TJ
Website
-really local developments limited Estimated Valuation
Pomanda estimates the enterprise value of REALLY LOCAL DEVELOPMENTS LIMITED at £56.7k based on a Turnover of £213.9k and 0.26x industry multiple (adjusted for size and gross margin).
really local developments limited Estimated Valuation
Pomanda estimates the enterprise value of REALLY LOCAL DEVELOPMENTS LIMITED at £218.8k based on an EBITDA of £74.8k and a 2.93x industry multiple (adjusted for size and gross margin).
really local developments limited Estimated Valuation
Pomanda estimates the enterprise value of REALLY LOCAL DEVELOPMENTS LIMITED at £45.6k based on Net Assets of £18.9k and 2.41x industry multiple (adjusted for liquidity).
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Really Local Developments Limited Overview
Really Local Developments Limited is a live company located in london, SE16 7TJ with a Companies House number of 12207504. It operates in the other building completion and finishing sector, SIC Code 43390. Founded in September 2019, it's largest shareholder is preston benson with a 66.7% stake. Really Local Developments Limited is a young, micro sized company, Pomanda has estimated its turnover at £213.9k with healthy growth in recent years.
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Really Local Developments Limited Health Check
Pomanda's financial health check has awarded Really Local 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
3 Regular
4 Weak
Size
annual sales of £213.9k, make it smaller than the average company (£422.1k)
- Really Local Developments Limited
£422.1k - Industry AVG
Growth
3 year (CAGR) sales growth of 10%, show it is growing at a similar rate (10.4%)
- Really Local Developments Limited
10.4% - Industry AVG
Production
with a gross margin of 14.2%, this company has a higher cost of product (23.9%)
- Really Local Developments Limited
23.9% - Industry AVG
Profitability
an operating margin of 34.9% make it more profitable than the average company (5.7%)
- Really Local Developments Limited
5.7% - Industry AVG
Employees
with 1 employees, this is below the industry average (4)
1 - Really Local Developments Limited
4 - Industry AVG
Pay Structure
on an average salary of £36.9k, the company has an equivalent pay structure (£36.9k)
- Really Local Developments Limited
£36.9k - Industry AVG
Efficiency
resulting in sales per employee of £213.9k, this is more efficient (£145.9k)
- Really Local Developments Limited
£145.9k - Industry AVG
Debtor Days
it gets paid by customers after 120 days, this is later than average (47 days)
- Really Local Developments Limited
47 days - Industry AVG
Creditor Days
its suppliers are paid after 51 days, this is slower than average (29 days)
- Really Local Developments Limited
29 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Really Local Developments Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Really Local Developments Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 73.3%, this is a similar level of debt than the average (72.4%)
73.3% - Really Local Developments Limited
72.4% - Industry AVG
REALLY LOCAL DEVELOPMENTS LIMITED financials
Really Local Developments Limited's latest turnover from December 2023 is estimated at £213.9 thousand and the company has net assets of £18.9 thousand. According to their latest financial statements, Really Local Developments Limited has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | |
|---|---|---|---|---|
| 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 | 1 | 1 | 1 | 1 |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | |
|---|---|---|---|---|
| Tangible Assets | ||||
| Intangible Assets | ||||
| Investments & Other | ||||
| Debtors (Due After 1 year) | ||||
| Total Fixed Assets | ||||
| Stock & work in progress | ||||
| Trade Debtors | 70,640 | 7,992 | 426,363 | 11,006 |
| Group Debtors | ||||
| Misc Debtors | 785,150 | 57,670 | ||
| Cash | 1,706 | 118,201 | ||
| misc current assets | ||||
| total current assets | 70,640 | 7,992 | 1,213,219 | 186,877 |
| total assets | 70,640 | 7,992 | 1,213,219 | 186,877 |
| Bank overdraft | ||||
| Bank loan | 9,626 | 5,054 | ||
| Trade Creditors | 26,101 | 17,748 | 358,490 | 83,956 |
| Group/Directors Accounts | ||||
| other short term finances | ||||
| hp & lease commitments | ||||
| other current liabilities | 831,558 | 63,684 | ||
| total current liabilities | 26,101 | 17,748 | 1,199,674 | 152,694 |
| loans | 35,650 | 44,946 | ||
| hp & lease commitments | ||||
| Accruals and Deferred Income | ||||
| other liabilities | 25,650 | 27,425 | ||
| provisions | ||||
| total long term liabilities | 25,650 | 27,425 | 35,650 | 44,946 |
| total liabilities | 51,751 | 45,173 | 1,235,324 | 197,640 |
| net assets | 18,889 | -37,181 | -22,105 | -10,763 |
| total shareholders funds | 18,889 | -37,181 | -22,105 | -10,763 |
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | |
|---|---|---|---|---|
| Operating Activities | ||||
| Operating Profit | ||||
| Depreciation | ||||
| Amortisation | ||||
| Tax | ||||
| Stock | ||||
| Debtors | 62,648 | -1,203,521 | 1,142,837 | 68,676 |
| Creditors | 8,353 | -340,742 | 274,534 | 83,956 |
| Accruals and Deferred Income | -831,558 | 767,874 | 63,684 | |
| Deferred Taxes & Provisions | ||||
| Cash flow from operations | ||||
| Investing Activities | ||||
| capital expenditure | ||||
| Change in Investments | ||||
| cash flow from investments | ||||
| Financing Activities | ||||
| Bank loans | -9,626 | 4,572 | 5,054 | |
| Group/Directors Accounts | ||||
| Other Short Term Loans | ||||
| Long term loans | -35,650 | -9,296 | 44,946 | |
| Hire Purchase and Lease Commitments | ||||
| other long term liabilities | -1,775 | 27,425 | ||
| share issue | ||||
| interest | ||||
| cash flow from financing | ||||
| cash and cash equivalents | ||||
| cash | -1,706 | -116,495 | 118,201 | |
| overdraft | ||||
| change in cash | -1,706 | -116,495 | 118,201 |
really local developments limited Credit Report and Business Information
Really Local Developments Limited Competitor Analysis
Perform a competitor analysis for really local developments limited by selecting its closest rivals, whether from the CONSTRUCTION sector, other micro companies, companies in SE16 area or any other competitors across 12 key performance metrics.
really local developments limited Ownership
REALLY LOCAL DEVELOPMENTS LIMITED group structure
Really Local Developments Limited has no subsidiary companies.
Ultimate parent company
REALLY LOCAL DEVELOPMENTS LIMITED
12207504
really local developments limited directors
Really Local Developments Limited currently has 1 director, Mr Preston Benson serving since Sep 2019.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Preston Benson | England | 44 years | Sep 2019 | - | Director |
P&L
December 2023turnover
213.9k
+256%
operating profit
74.8k
0%
gross margin
14.2%
-4.99%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
18.9k
-1.51%
total assets
70.6k
+7.84%
cash
0
0%
net assets
Total assets minus all liabilities
really local developments limited company details
company number
12207504
Type
Private limited with Share Capital
industry
43390 - Other building completion and finishing
incorporation date
September 2019
age
6
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
December 2023
previous names
N/A
accountant
-
auditor
-
address
305 baltic quay 1 sweden gate, london, SE16 7TJ
Bank
-
Legal Advisor
-
really local 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 did not find charges/mortgages relating to really local developments limited.
really local 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 REALLY LOCAL DEVELOPMENTS LIMITED. This can take several minutes, an email will notify you when this has completed.
really local developments limited Companies House Filings - See Documents
| date | description | view/download |
|---|
