fam developments ltd
fam developments ltd Company Information
Company Number
12334744
Next Accounts
Aug 2025
Shareholders
amer islam choudhery
aisha amer choudhery
View AllGroup 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.
+1Registered Address
63 denby way, cradley heath, B64 5RF
Website
-fam developments ltd Estimated Valuation
Pomanda estimates the enterprise value of FAM DEVELOPMENTS LTD at £6.1m based on a Turnover of £2.6m and 2.36x industry multiple (adjusted for size and gross margin).
fam developments ltd Estimated Valuation
Pomanda estimates the enterprise value of FAM DEVELOPMENTS LTD at £0 based on an EBITDA of £-14.8k and a 4.82x industry multiple (adjusted for size and gross margin).
fam developments ltd Estimated Valuation
Pomanda estimates the enterprise value of FAM DEVELOPMENTS LTD at £0 based on Net Assets of £-31k and 1.66x industry multiple (adjusted for liquidity).
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Fam Developments Ltd Overview
Fam Developments Ltd is a live company located in cradley heath, B64 5RF with a Companies House number of 12334744. It operates in the buying and selling of own real estate sector, SIC Code 68100. Founded in November 2019, it's largest shareholder is amer islam choudhery with a 25% stake. Fam Developments Ltd is a young, small sized company, Pomanda has estimated its turnover at £2.6m with rapid growth in recent years.
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Fam Developments Ltd Health Check
Pomanda's financial health check has awarded Fam Developments Ltd a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 4 areas for improvement. Company Health Check FAQs
5 Strong
1 Regular
4 Weak
Size
annual sales of £2.6m, make it larger than the average company (£841.2k)
- Fam Developments Ltd
£841.2k - Industry AVG
Growth
3 year (CAGR) sales growth of 115%, show it is growing at a faster rate (2.8%)
- Fam Developments Ltd
2.8% - Industry AVG
Production
with a gross margin of 27.9%, this company has a higher cost of product (70.9%)
- Fam Developments Ltd
70.9% - Industry AVG
Profitability
an operating margin of -0.6% make it less profitable than the average company (26.1%)
- Fam Developments Ltd
26.1% - Industry AVG
Employees
with 5 employees, this is above the industry average (4)
- Fam Developments Ltd
4 - Industry AVG
Pay Structure
on an average salary of £34.4k, the company has an equivalent pay structure (£34.4k)
- Fam Developments Ltd
£34.4k - Industry AVG
Efficiency
resulting in sales per employee of £518.2k, this is more efficient (£182.1k)
- Fam Developments Ltd
£182.1k - Industry AVG
Debtor Days
it gets paid by customers after 96 days, this is later than average (29 days)
- Fam Developments Ltd
29 days - Industry AVG
Creditor Days
its suppliers are paid after 140 days, this is slower than average (33 days)
- Fam Developments Ltd
33 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Fam Developments Ltd
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Fam Developments Ltd
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 104.5%, this is a higher level of debt than the average (66.5%)
104.5% - Fam Developments Ltd
66.5% - Industry AVG
FAM DEVELOPMENTS LTD financials
Fam Developments Ltd's latest turnover from November 2023 is estimated at £2.6 million and the company has net assets of -£31 thousand. According to their latest financial statements, we estimate that Fam Developments Ltd has 5 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Nov 2023 | Nov 2022 | Nov 2021 | Nov 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 | ||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Nov 2023 | Nov 2022 | Nov 2021 | Nov 2020 | |
|---|---|---|---|---|
| Tangible Assets | 2,261 | 3,014 | 4,019 | 608,939 |
| Intangible Assets | ||||
| Investments & Other | ||||
| Debtors (Due After 1 year) | ||||
| Total Fixed Assets | 2,261 | 3,014 | 4,019 | 608,939 |
| Stock & work in progress | ||||
| Trade Debtors | 685,937 | 644,650 | 512,104 | 12,929 |
| Group Debtors | ||||
| Misc Debtors | ||||
| Cash | ||||
| misc current assets | ||||
| total current assets | 685,937 | 644,650 | 512,104 | 12,929 |
| total assets | 688,198 | 647,664 | 516,123 | 621,868 |
| Bank overdraft | ||||
| Bank loan | ||||
| Trade Creditors | 718,464 | 663,140 | 514,908 | 616,395 |
| Group/Directors Accounts | ||||
| other short term finances | ||||
| hp & lease commitments | ||||
| other current liabilities | ||||
| total current liabilities | 718,464 | 663,140 | 514,908 | 616,395 |
| loans | ||||
| hp & lease commitments | ||||
| Accruals and Deferred Income | 750 | 720 | 960 | 1,080 |
| other liabilities | ||||
| provisions | ||||
| total long term liabilities | 750 | 720 | 960 | 1,080 |
| total liabilities | 719,214 | 663,860 | 515,868 | 617,475 |
| net assets | -31,016 | -16,196 | 255 | 4,393 |
| total shareholders funds | -31,016 | -16,196 | 255 | 4,393 |
| Nov 2023 | Nov 2022 | Nov 2021 | Nov 2020 | |
|---|---|---|---|---|
| Operating Activities | ||||
| Operating Profit | ||||
| Depreciation | ||||
| Amortisation | ||||
| Tax | ||||
| Stock | ||||
| Debtors | 41,287 | 132,546 | 499,175 | 12,929 |
| Creditors | 55,324 | 148,232 | -101,487 | 616,395 |
| Accruals and Deferred Income | 30 | -240 | -120 | 1,080 |
| Deferred Taxes & Provisions | ||||
| Cash flow from operations | ||||
| Investing Activities | ||||
| capital expenditure | ||||
| Change in Investments | ||||
| cash flow from investments | ||||
| Financing Activities | ||||
| Bank loans | ||||
| Group/Directors Accounts | ||||
| Other Short Term Loans | ||||
| Long term loans | ||||
| Hire Purchase and Lease Commitments | ||||
| other long term liabilities | ||||
| share issue | ||||
| interest | ||||
| cash flow from financing | ||||
| cash and cash equivalents | ||||
| cash | ||||
| overdraft | ||||
| change in cash |
fam developments ltd Credit Report and Business Information
Fam Developments Ltd Competitor Analysis
Perform a competitor analysis for fam developments ltd by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other small companies, companies in B64 area or any other competitors across 12 key performance metrics.
fam developments ltd Ownership
FAM DEVELOPMENTS LTD group structure
Fam Developments Ltd has no subsidiary companies.
Ultimate parent company
FAM DEVELOPMENTS LTD
12334744
fam developments ltd directors
Fam Developments Ltd currently has 2 directors. The longest serving directors include Mr Leon Fung (Nov 2019) and Mr Amer Choudhery (Nov 2019).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Leon Fung | United Kingdom | 37 years | Nov 2019 | - | Director |
| Mr Amer Choudhery | England | 33 years | Nov 2019 | - | Director |
P&L
November 2023turnover
2.6m
+8%
operating profit
-14.8k
0%
gross margin
28%
-0.07%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
November 2023net assets
-31k
+0.92%
total assets
688.2k
+0.06%
cash
0
0%
net assets
Total assets minus all liabilities
fam developments ltd company details
company number
12334744
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
November 2019
age
6
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
November 2023
previous names
N/A
accountant
-
auditor
-
address
63 denby way, cradley heath, B64 5RF
Bank
-
Legal Advisor
-
fam 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 did not find charges/mortgages relating to fam developments ltd.
fam 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.
Click to start generating capital raising & share issue transactions for FAM DEVELOPMENTS LTD. This can take several minutes, an email will notify you when this has completed.
fam developments ltd Companies House Filings - See Documents
| date | description | view/download |
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