symal developments ltd
symal developments ltd Company Information
Company Number
12454992
Next Accounts
76 days late
Shareholders
patrick lyons
martin tynan
Group Structure
View All
Industry
Development of building projects
Registered Address
6 festival building ashley lane, saltaire, BD17 7DQ
Website
-symal developments ltd Estimated Valuation
Pomanda estimates the enterprise value of SYMAL DEVELOPMENTS LTD at £1.2m based on a Turnover of £2.4m and 0.51x industry multiple (adjusted for size and gross margin).
symal developments ltd Estimated Valuation
Pomanda estimates the enterprise value of SYMAL DEVELOPMENTS LTD at £2.3m based on an EBITDA of £561.4k and a 4.01x industry multiple (adjusted for size and gross margin).
symal developments ltd Estimated Valuation
Pomanda estimates the enterprise value of SYMAL DEVELOPMENTS LTD at £0 based on Net Assets of £-3.3k and 1.41x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Symal Developments Ltd Overview
Symal Developments Ltd is a live company located in saltaire, BD17 7DQ with a Companies House number of 12454992. It operates in the development of building projects sector, SIC Code 41100. Founded in February 2020, it's largest shareholder is patrick lyons with a 50% stake. Symal Developments Ltd is a young, small sized company, Pomanda has estimated its turnover at £2.4m with unknown growth in recent years.
Upgrade for unlimited company reports & a free credit check
Symal Developments Ltd Health Check
Pomanda's financial health check has awarded Symal Developments Ltd a 3.5 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 £2.4m, make it in line with the average company (£2.1m)
- Symal Developments Ltd
£2.1m - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Symal Developments Ltd
- - Industry AVG
Production
with a gross margin of 26.4%, this company has a comparable cost of product (26.4%)
- Symal Developments Ltd
26.4% - Industry AVG
Profitability
an operating margin of 23% make it more profitable than the average company (7.6%)
- Symal Developments Ltd
7.6% - Industry AVG
Employees
with 9 employees, this is above the industry average (6)
- Symal Developments Ltd
6 - Industry AVG
Pay Structure
on an average salary of £46.5k, the company has an equivalent pay structure (£46.5k)
- Symal Developments Ltd
£46.5k - Industry AVG
Efficiency
resulting in sales per employee of £271.4k, this is equally as efficient (£273.6k)
- Symal Developments Ltd
£273.6k - Industry AVG
Debtor Days
it gets paid by customers after 0 days, this is earlier than average (29 days)
- Symal Developments Ltd
29 days - Industry AVG
Creditor Days
its suppliers are paid after 14 days, this is quicker than average (31 days)
- Symal Developments Ltd
31 days - Industry AVG
Stock Days
it holds stock equivalent to 1646 days, this is more than average (152 days)
- Symal Developments Ltd
152 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (14 weeks)
0 weeks - Symal Developments Ltd
14 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 100%, this is a higher level of debt than the average (72.9%)
100% - Symal Developments Ltd
72.9% - Industry AVG
SYMAL DEVELOPMENTS LTD financials
Symal Developments Ltd's latest turnover from April 2023 is estimated at £2.4 million and the company has net assets of -£3.3 thousand. According to their latest financial statements, we estimate that Symal Developments Ltd has 9 employees and maintains cash reserves of £15.8 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Apr 2023 | Apr 2022 | Apr 2021 | |
|---|---|---|---|
| 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
| Apr 2023 | Apr 2022 | Apr 2021 | |
|---|---|---|---|
| Tangible Assets | |||
| Intangible Assets | |||
| Investments & Other | |||
| Debtors (Due After 1 year) | |||
| Total Fixed Assets | |||
| Stock & work in progress | 8,111,358 | 7,344,584 | 256,611 |
| Trade Debtors | 644 | 11,498 | |
| Group Debtors | |||
| Misc Debtors | 28,808 | 28,730 | 915,000 |
| Cash | 15,807 | 18,005 | 145 |
| misc current assets | |||
| total current assets | 8,156,617 | 7,402,817 | 1,171,756 |
| total assets | 8,156,617 | 7,402,817 | 1,171,756 |
| Bank overdraft | |||
| Bank loan | |||
| Trade Creditors | 69,532 | 10,356 | |
| Group/Directors Accounts | 1,951,429 | 1,936,421 | 1,171,656 |
| other short term finances | 6,120,941 | 5,381,778 | |
| hp & lease commitments | |||
| other current liabilities | 18,020 | 50,216 | 1,300 |
| total current liabilities | 8,159,922 | 7,378,771 | 1,172,956 |
| loans | |||
| hp & lease commitments | |||
| Accruals and Deferred Income | |||
| other liabilities | |||
| provisions | |||
| total long term liabilities | |||
| total liabilities | 8,159,922 | 7,378,771 | 1,172,956 |
| net assets | -3,305 | 24,046 | -1,200 |
| total shareholders funds | -3,305 | 24,046 | -1,200 |
| Apr 2023 | Apr 2022 | Apr 2021 | |
|---|---|---|---|
| Operating Activities | |||
| Operating Profit | |||
| Depreciation | |||
| Amortisation | |||
| Tax | |||
| Stock | 766,774 | 7,087,973 | 256,611 |
| Debtors | -10,776 | -874,772 | 915,000 |
| Creditors | 59,176 | 10,356 | |
| Accruals and Deferred Income | -32,196 | 48,916 | 1,300 |
| 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 | 15,008 | 764,765 | 1,171,656 |
| Other Short Term Loans | 739,163 | 5,381,778 | |
| Long term loans | |||
| Hire Purchase and Lease Commitments | |||
| other long term liabilities | |||
| share issue | |||
| interest | |||
| cash flow from financing | |||
| cash and cash equivalents | |||
| cash | -2,198 | 17,860 | 145 |
| overdraft | |||
| change in cash | -2,198 | 17,860 | 145 |
symal developments ltd Credit Report and Business Information
Symal Developments Ltd Competitor Analysis
Perform a competitor analysis for symal developments ltd by selecting its closest rivals, whether from the CONSTRUCTION sector, other small companies, companies in BD17 area or any other competitors across 12 key performance metrics.
symal developments ltd Ownership
SYMAL DEVELOPMENTS LTD group structure
Symal Developments Ltd has no subsidiary companies.
Ultimate parent company
SYMAL DEVELOPMENTS LTD
12454992
symal developments ltd directors
Symal Developments Ltd currently has 2 directors. The longest serving directors include Mr Martin Tynan (Feb 2020) and Mr Patrick Lyons (Feb 2020).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Martin Tynan | England | 53 years | Feb 2020 | - | Director |
| Mr Patrick Lyons | England | 51 years | Feb 2020 | - | Director |
P&L
April 2023turnover
2.4m
+41%
operating profit
561.4k
0%
gross margin
26.4%
+4.47%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
April 2023net assets
-3.3k
-1.14%
total assets
8.2m
+0.1%
cash
15.8k
-0.12%
net assets
Total assets minus all liabilities
Similar Companies
symal developments ltd company details
company number
12454992
Type
Private limited with Share Capital
industry
41100 - Development of building projects
incorporation date
February 2020
age
5
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
April 2023
previous names
N/A
accountant
BUTTERS GATES & COMPANY
auditor
-
address
6 festival building ashley lane, saltaire, BD17 7DQ
Bank
-
Legal Advisor
-
symal 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 1 charges/mortgages relating to symal developments ltd. Currently there are 1 open charges and 0 have been satisfied in the past.
symal 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 SYMAL DEVELOPMENTS LTD. This can take several minutes, an email will notify you when this has completed.
symal developments ltd Companies House Filings - See Documents
| date | description | view/download |
|---|
