lee high development limited
lee high development limited Company Information
Company Number
12757588
Website
-Registered Address
4 bedlam mews, london, SE11 6DF
Industry
Construction of domestic buildings
Buying and selling of own real estate
Telephone
-
Next Accounts Due
December 2024
Group Structure
View All
Directors
Cumhur Kantarci4 Years
Shareholders
knt development ltd 100%
lee high development limited Estimated Valuation
Pomanda estimates the enterprise value of LEE HIGH DEVELOPMENT LIMITED at £1.2m based on a Turnover of £1.2m and 0.94x industry multiple (adjusted for size and gross margin).
lee high development limited Estimated Valuation
Pomanda estimates the enterprise value of LEE HIGH DEVELOPMENT LIMITED at £291.6k based on an EBITDA of £70.2k and a 4.16x industry multiple (adjusted for size and gross margin).
lee high development limited Estimated Valuation
Pomanda estimates the enterprise value of LEE HIGH DEVELOPMENT LIMITED at £0 based on Net Assets of £-89.9k and 1.22x industry multiple (adjusted for liquidity).
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Lee High Development Limited Overview
Lee High Development Limited is a live company located in london, SE11 6DF with a Companies House number of 12757588. It operates in the development of building projects sector, SIC Code 41100. Founded in July 2020, it's largest shareholder is knt development ltd with a 100% stake. Lee High Development Limited is a startup, small sized company, Pomanda has estimated its turnover at £1.2m with unknown growth in recent years.
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Lee High Development Limited Health Check
Pomanda's financial health check has awarded Lee High Development Limited a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 7 areas for improvement. Company Health Check FAQs
2 Strong
2 Regular
7 Weak
Size
annual sales of £1.2m, make it smaller than the average company (£3.6m)
- Lee High Development Limited
£3.6m - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Lee High Development Limited
- - Industry AVG
Production
with a gross margin of 31.6%, this company has a comparable cost of product (31.6%)
- Lee High Development Limited
31.6% - Industry AVG
Profitability
an operating margin of 5.6% make it less profitable than the average company (13.5%)
- Lee High Development Limited
13.5% - Industry AVG
Employees
with 6 employees, this is below the industry average (11)
- Lee High Development Limited
11 - Industry AVG
Pay Structure
on an average salary of £44.3k, the company has an equivalent pay structure (£44.3k)
- Lee High Development Limited
£44.3k - Industry AVG
Efficiency
resulting in sales per employee of £207.8k, this is less efficient (£258.3k)
- Lee High Development Limited
£258.3k - Industry AVG
Debtor Days
it gets paid by customers after 0 days, this is earlier than average (32 days)
- Lee High Development Limited
32 days - Industry AVG
Creditor Days
its suppliers are paid after 86 days, this is slower than average (32 days)
- Lee High Development Limited
32 days - Industry AVG
Stock Days
it holds stock equivalent to 2273 days, this is more than average (218 days)
- Lee High Development Limited
218 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (15 weeks)
0 weeks - Lee High Development Limited
15 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 101.7%, this is a higher level of debt than the average (71%)
101.7% - Lee High Development Limited
71% - Industry AVG
LEE HIGH DEVELOPMENT LIMITED financials
Lee High Development Limited's latest turnover from March 2023 is estimated at £1.2 million and the company has net assets of -£89.9 thousand. According to their latest financial statements, we estimate that Lee High Development Limited has 6 employees and maintains cash reserves of £13.5 thousand 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 | 1 | ||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2023 | Mar 2022 | Mar 2021 | |
|---|---|---|---|
| Tangible Assets | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 |
| Total Fixed Assets | 0 | 0 | 0 |
| Stock & work in progress | 5,311,006 | 3,900,998 | 2,832,040 |
| Trade Debtors | 1,620 | 0 | 480,100 |
| Group Debtors | 0 | 0 | 0 |
| Misc Debtors | 6,041 | 488,597 | 0 |
| Cash | 13,494 | 14,614 | 0 |
| misc current assets | 0 | 0 | 0 |
| total current assets | 5,332,161 | 4,404,209 | 3,312,140 |
| total assets | 5,332,161 | 4,404,209 | 3,312,140 |
| Bank overdraft | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 |
| Trade Creditors | 202,362 | 194,754 | 3,316,464 |
| Group/Directors Accounts | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 |
| other current liabilities | 3,425,617 | 4,278,149 | 0 |
| total current liabilities | 3,627,979 | 4,472,903 | 3,316,464 |
| loans | 1,794,065 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 |
| total long term liabilities | 1,794,065 | 0 | 0 |
| total liabilities | 5,422,044 | 4,472,903 | 3,316,464 |
| net assets | -89,883 | -68,694 | -4,324 |
| total shareholders funds | -89,883 | -68,694 | -4,324 |
| Mar 2023 | Mar 2022 | Mar 2021 | |
|---|---|---|---|
| Operating Activities | |||
| Operating Profit | |||
| Depreciation | 0 | 0 | 0 |
| Amortisation | 0 | 0 | 0 |
| Tax | |||
| Stock | 1,410,008 | 1,068,958 | 2,832,040 |
| Debtors | -480,936 | 8,497 | 480,100 |
| Creditors | 7,608 | -3,121,710 | 3,316,464 |
| Accruals and Deferred Income | -852,532 | 4,278,149 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 |
| Cash flow from operations | |||
| Investing Activities | |||
| capital expenditure | |||
| Change in Investments | 0 | 0 | 0 |
| cash flow from investments | |||
| Financing Activities | |||
| Bank loans | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 |
| Long term loans | 1,794,065 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 |
| share issue | |||
| interest | |||
| cash flow from financing | |||
| cash and cash equivalents | |||
| cash | -1,120 | 14,614 | 0 |
| overdraft | 0 | 0 | 0 |
| change in cash | -1,120 | 14,614 | 0 |
lee high development limited Credit Report and Business Information
Lee High Development Limited Competitor Analysis
Perform a competitor analysis for lee high development limited by selecting its closest rivals, whether from the CONSTRUCTION sector, other small companies, companies in SE11 area or any other competitors across 12 key performance metrics.
lee high development limited Ownership
LEE HIGH DEVELOPMENT LIMITED group structure
Lee High Development Limited has no subsidiary companies.
Ultimate parent company
2 parents
LEE HIGH DEVELOPMENT LIMITED
12757588
lee high development limited directors
Lee High Development Limited currently has 1 director, Mr Cumhur Kantarci serving since Jul 2020.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Cumhur Kantarci | England | 48 years | Jul 2020 | - | Director |
P&L
March 2023turnover
1.2m
-28%
operating profit
70.2k
0%
gross margin
31.7%
+3.36%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2023net assets
-89.9k
+0.31%
total assets
5.3m
+0.21%
cash
13.5k
-0.08%
net assets
Total assets minus all liabilities
Similar Companies
lee high development limited company details
company number
12757588
Type
Private limited with Share Capital
industry
41202 - Construction of domestic buildings
68100 - Buying and selling of own real estate
41100 - Development of building projects
incorporation date
July 2020
age
4
incorporated
UK
accounts
Total Exemption Full
ultimate parent company
previous names
N/A
last accounts submitted
March 2023
address
4 bedlam mews, london, SE11 6DF
accountant
GUARDIAN TAX & ACCOUNTING
auditor
-
lee high development 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 found 2 charges/mortgages relating to lee high development limited. Currently there are 2 open charges and 0 have been satisfied in the past.
lee high development limited Companies House Filings - See Documents
| date | description | view/download |
|---|
