legacie developments ordsall lane ltd
legacie developments ordsall lane ltd Company Information
Company Number
12734415
Next Accounts
96 days late
Shareholders
aughton estates ltd
nexus residential limited
Group Structure
View All
Industry
Development of building projects
Registered Address
44 the pantiles, tunbridge wells, TN2 5TN
Website
nexusresidential.co.uklegacie developments ordsall lane ltd Estimated Valuation
Pomanda estimates the enterprise value of LEGACIE DEVELOPMENTS ORDSALL LANE LTD at £3m based on a Turnover of £5.6m and 0.53x industry multiple (adjusted for size and gross margin).
legacie developments ordsall lane ltd Estimated Valuation
Pomanda estimates the enterprise value of LEGACIE DEVELOPMENTS ORDSALL LANE LTD at £0 based on an EBITDA of £-1.3m and a 4.22x industry multiple (adjusted for size and gross margin).
legacie developments ordsall lane ltd Estimated Valuation
Pomanda estimates the enterprise value of LEGACIE DEVELOPMENTS ORDSALL LANE LTD at £0 based on Net Assets of £-2.8m and 1.41x industry multiple (adjusted for liquidity).
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Legacie Developments Ordsall Lane Ltd Overview
Legacie Developments Ordsall Lane Ltd is a live company located in tunbridge wells, TN2 5TN with a Companies House number of 12734415. It operates in the development of building projects sector, SIC Code 41100. Founded in July 2020, it's largest shareholder is aughton estates ltd with a 50% stake. Legacie Developments Ordsall Lane Ltd is a young, mid sized company, Pomanda has estimated its turnover at £5.6m with unknown growth in recent years.
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Legacie Developments Ordsall Lane Ltd Health Check
Pomanda's financial health check has awarded Legacie Developments Ordsall Lane Ltd a 2 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 6 areas for improvement. Company Health Check FAQs
2 Strong
2 Regular
6 Weak
Size
annual sales of £5.6m, make it larger than the average company (£2.2m)
- Legacie Developments Ordsall Lane Ltd
£2.2m - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Legacie Developments Ordsall Lane Ltd
- - Industry AVG
Production
with a gross margin of 25.9%, this company has a comparable cost of product (25.9%)
- Legacie Developments Ordsall Lane Ltd
25.9% - Industry AVG
Profitability
an operating margin of -23.5% make it less profitable than the average company (8.4%)
- Legacie Developments Ordsall Lane Ltd
8.4% - Industry AVG
Employees
with 3 employees, this is below the industry average (6)
3 - Legacie Developments Ordsall Lane Ltd
6 - Industry AVG
Pay Structure
on an average salary of £46k, the company has an equivalent pay structure (£46k)
- Legacie Developments Ordsall Lane Ltd
£46k - Industry AVG
Efficiency
resulting in sales per employee of £1.9m, this is more efficient (£270.9k)
- Legacie Developments Ordsall Lane Ltd
£270.9k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Legacie Developments Ordsall Lane Ltd
- - Industry AVG
Creditor Days
its suppliers are paid after 0 days, this is quicker than average (30 days)
- Legacie Developments Ordsall Lane Ltd
30 days - Industry AVG
Stock Days
it holds stock equivalent to 1777 days, this is more than average (180 days)
- Legacie Developments Ordsall Lane Ltd
180 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 9 weeks, this is less cash available to meet short term requirements (14 weeks)
9 weeks - Legacie Developments Ordsall Lane Ltd
14 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 111.1%, this is a higher level of debt than the average (73.9%)
111.1% - Legacie Developments Ordsall Lane Ltd
73.9% - Industry AVG
LEGACIE DEVELOPMENTS ORDSALL LANE LTD financials
Legacie Developments Ordsall Lane Ltd's latest turnover from March 2023 is estimated at £5.6 million and the company has net assets of -£2.8 million. According to their latest financial statements, Legacie Developments Ordsall Lane Ltd has 3 employees and maintains cash reserves of £5.1 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2023 | Mar 2022 | Mar 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 | 3 | 3 | |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2023 | Mar 2022 | Mar 2021 | |
|---|---|---|---|
| Tangible Assets | |||
| Intangible Assets | |||
| Investments & Other | |||
| Debtors (Due After 1 year) | |||
| Total Fixed Assets | |||
| Stock & work in progress | 20,245,414 | 7,772,708 | 4,100,000 |
| Trade Debtors | |||
| Group Debtors | |||
| Misc Debtors | 192,121 | 233,537 | 246,839 |
| Cash | 5,058,128 | 4,341,573 | 10,617 |
| misc current assets | |||
| total current assets | 25,495,663 | 12,347,818 | 4,357,456 |
| total assets | 25,495,663 | 12,347,818 | 4,357,456 |
| Bank overdraft | |||
| Bank loan | |||
| Trade Creditors | 6,048 | 11,400 | 330,166 |
| Group/Directors Accounts | 374,063 | 431,063 | 639,063 |
| other short term finances | |||
| hp & lease commitments | |||
| other current liabilities | 27,934,150 | 13,602,099 | 3,611,650 |
| total current liabilities | 28,314,261 | 14,044,562 | 4,580,879 |
| loans | |||
| hp & lease commitments | |||
| Accruals and Deferred Income | |||
| other liabilities | |||
| provisions | |||
| total long term liabilities | |||
| total liabilities | 28,314,261 | 14,044,562 | 4,580,879 |
| net assets | -2,818,598 | -1,696,744 | -223,423 |
| total shareholders funds | -2,818,598 | -1,696,744 | -223,423 |
| Mar 2023 | Mar 2022 | Mar 2021 | |
|---|---|---|---|
| Operating Activities | |||
| Operating Profit | |||
| Depreciation | |||
| Amortisation | |||
| Tax | |||
| Stock | 12,472,706 | 3,672,708 | 4,100,000 |
| Debtors | -41,416 | -13,302 | 246,839 |
| Creditors | -5,352 | -318,766 | 330,166 |
| Accruals and Deferred Income | 14,332,051 | 9,990,449 | 3,611,650 |
| 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 | -57,000 | -208,000 | 639,063 |
| 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 | 716,555 | 4,330,956 | 10,617 |
| overdraft | |||
| change in cash | 716,555 | 4,330,956 | 10,617 |
legacie developments ordsall lane ltd Credit Report and Business Information
Legacie Developments Ordsall Lane Ltd Competitor Analysis
Perform a competitor analysis for legacie developments ordsall lane ltd by selecting its closest rivals, whether from the CONSTRUCTION sector, other mid companies, companies in TN2 area or any other competitors across 12 key performance metrics.
legacie developments ordsall lane ltd Ownership
LEGACIE DEVELOPMENTS ORDSALL LANE LTD group structure
Legacie Developments Ordsall Lane Ltd has no subsidiary companies.
Ultimate parent company
LEGACIE DEVELOPMENTS ORDSALL LANE LTD
12734415
legacie developments ordsall lane ltd directors
Legacie Developments Ordsall Lane Ltd currently has 4 directors. The longest serving directors include Mr Michael Gledhill (Jul 2020) and Mr Julian Ramsden (Jul 2020).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Michael Gledhill | England | 44 years | Jul 2020 | - | Director |
| Mr Julian Ramsden | United Kingdom | 45 years | Jul 2020 | - | Director |
| Mr John Morley | England | 40 years | Jul 2020 | - | Director |
| Mr Alexander Hamm | England | 48 years | Jul 2020 | - | Director |
P&L
March 2023turnover
5.6m
+160%
operating profit
-1.3m
0%
gross margin
26%
+5.57%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2023net assets
-2.8m
+0.66%
total assets
25.5m
+1.06%
cash
5.1m
+0.17%
net assets
Total assets minus all liabilities
Similar Companies
legacie developments ordsall lane ltd company details
company number
12734415
Type
Private limited with Share Capital
industry
41100 - Development of building projects
incorporation date
July 2020
age
5
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
March 2023
previous names
N/A
accountant
APT
auditor
-
address
44 the pantiles, tunbridge wells, TN2 5TN
Bank
-
Legal Advisor
-
legacie developments ordsall lane 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 3 charges/mortgages relating to legacie developments ordsall lane ltd. Currently there are 2 open charges and 1 have been satisfied in the past.
legacie developments ordsall lane 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 LEGACIE DEVELOPMENTS ORDSALL LANE LTD. This can take several minutes, an email will notify you when this has completed.
legacie developments ordsall lane ltd Companies House Filings - See Documents
| date | description | view/download |
|---|
