d.e.v.elopments lettings limited
d.e.v.elopments lettings limited Company Information
Company Number
12848228
Next Accounts
May 2025
Shareholders
steven lee butler
billy bayliss
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.
Registered Address
hall end farm hall end lane, pattingham, wolverhampton, WV6 7BN
Website
-d.e.v.elopments lettings limited Estimated Valuation
Pomanda estimates the enterprise value of D.E.V.ELOPMENTS LETTINGS LIMITED at £544k based on a Turnover of £231k and 2.35x industry multiple (adjusted for size and gross margin).
d.e.v.elopments lettings limited Estimated Valuation
Pomanda estimates the enterprise value of D.E.V.ELOPMENTS LETTINGS LIMITED at £116.1k based on an EBITDA of £24.6k and a 4.73x industry multiple (adjusted for size and gross margin).
d.e.v.elopments lettings limited Estimated Valuation
Pomanda estimates the enterprise value of D.E.V.ELOPMENTS LETTINGS LIMITED at £91.3k based on Net Assets of £51.8k and 1.76x industry multiple (adjusted for liquidity).
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D.e.v.elopments Lettings Limited Overview
D.e.v.elopments Lettings Limited is a live company located in wolverhampton, WV6 7BN with a Companies House number of 12848228. It operates in the other letting and operating of own or leased real estate sector, SIC Code 68209. Founded in August 2020, it's largest shareholder is steven lee butler with a 33.3% stake. D.e.v.elopments Lettings Limited is a young, micro sized company, Pomanda has estimated its turnover at £231k with unknown growth in recent years.
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D.e.v.elopments Lettings Limited Health Check
Pomanda's financial health check has awarded D.E.V.Elopments Lettings Limited a 1 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 7 areas for improvement. Company Health Check FAQs
1 Strong
1 Regular
7 Weak
Size
annual sales of £231k, make it smaller than the average company (£833k)
- D.e.v.elopments Lettings Limited
£833k - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- D.e.v.elopments Lettings Limited
- - Industry AVG
Production
with a gross margin of 30%, this company has a higher cost of product (72.7%)
- D.e.v.elopments Lettings Limited
72.7% - Industry AVG
Profitability
an operating margin of 10.6% make it less profitable than the average company (26.4%)
- D.e.v.elopments Lettings Limited
26.4% - Industry AVG
Employees
with 3 employees, this is below the industry average (4)
3 - D.e.v.elopments Lettings Limited
4 - Industry AVG
Pay Structure
on an average salary of £31k, the company has an equivalent pay structure (£31k)
- D.e.v.elopments Lettings Limited
£31k - Industry AVG
Efficiency
resulting in sales per employee of £77k, this is less efficient (£178.2k)
- D.e.v.elopments Lettings Limited
£178.2k - Industry AVG
Debtor Days
it gets paid by customers after 81 days, this is later than average (32 days)
- D.e.v.elopments Lettings Limited
32 days - Industry AVG
Creditor Days
its suppliers are paid after 467 days, this is slower than average (35 days)
- D.e.v.elopments Lettings Limited
35 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- D.e.v.elopments Lettings Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - D.e.v.elopments Lettings Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 80.1%, this is a higher level of debt than the average (67.8%)
80.1% - D.e.v.elopments Lettings Limited
67.8% - Industry AVG
D.E.V.ELOPMENTS LETTINGS LIMITED financials
D.E.V.Elopments Lettings Limited's latest turnover from August 2023 is estimated at £231 thousand and the company has net assets of £51.8 thousand. According to their latest financial statements, D.E.V.Elopments Lettings Limited has 3 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Aug 2023 | Aug 2022 | Aug 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 | 3 |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Aug 2023 | Aug 2022 | Aug 2021 | |
|---|---|---|---|
| Tangible Assets | 208,114 | 208,114 | 208,114 |
| Intangible Assets | |||
| Investments & Other | |||
| Debtors (Due After 1 year) | |||
| Total Fixed Assets | 208,114 | 208,114 | 208,114 |
| Stock & work in progress | |||
| Trade Debtors | 51,662 | 42,526 | 14,113 |
| Group Debtors | |||
| Misc Debtors | |||
| Cash | |||
| misc current assets | |||
| total current assets | 51,662 | 42,526 | 14,113 |
| total assets | 259,776 | 250,640 | 222,227 |
| Bank overdraft | |||
| Bank loan | |||
| Trade Creditors | 207,246 | 215,864 | 206,010 |
| Group/Directors Accounts | |||
| other short term finances | |||
| hp & lease commitments | |||
| other current liabilities | |||
| total current liabilities | 207,246 | 215,864 | 206,010 |
| loans | |||
| hp & lease commitments | |||
| Accruals and Deferred Income | 770 | 1,440 | 720 |
| other liabilities | |||
| provisions | |||
| total long term liabilities | 770 | 1,440 | 720 |
| total liabilities | 208,016 | 217,304 | 206,730 |
| net assets | 51,760 | 33,336 | 15,497 |
| total shareholders funds | 51,760 | 33,336 | 15,497 |
| Aug 2023 | Aug 2022 | Aug 2021 | |
|---|---|---|---|
| Operating Activities | |||
| Operating Profit | |||
| Depreciation | |||
| Amortisation | |||
| Tax | |||
| Stock | |||
| Debtors | 9,136 | 28,413 | 14,113 |
| Creditors | -8,618 | 9,854 | 206,010 |
| Accruals and Deferred Income | -670 | 720 | 720 |
| 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 |
d.e.v.elopments lettings limited Credit Report and Business Information
D.e.v.elopments Lettings Limited Competitor Analysis
Perform a competitor analysis for d.e.v.elopments lettings limited by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other micro companies, companies in WV6 area or any other competitors across 12 key performance metrics.
d.e.v.elopments lettings limited Ownership
D.E.V.ELOPMENTS LETTINGS LIMITED group structure
D.E.V.Elopments Lettings Limited has no subsidiary companies.
Ultimate parent company
D.E.V.ELOPMENTS LETTINGS LIMITED
12848228
d.e.v.elopments lettings limited directors
D.E.V.Elopments Lettings Limited currently has 2 directors. The longest serving directors include Mr Steven Butler (Aug 2020) and Mr Billy Bayliss (Aug 2020).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Steven Butler | United Kingdom | 42 years | Aug 2020 | - | Director |
| Mr Billy Bayliss | England | 32 years | Aug 2020 | - | Director |
P&L
August 2023turnover
231k
+12%
operating profit
24.6k
0%
gross margin
30.1%
+3.51%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
August 2023net assets
51.8k
+0.55%
total assets
259.8k
+0.04%
cash
0
0%
net assets
Total assets minus all liabilities
Similar Companies
d.e.v.elopments lettings limited company details
company number
12848228
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.
incorporation date
August 2020
age
5
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
August 2023
previous names
N/A
accountant
-
auditor
-
address
hall end farm hall end lane, pattingham, wolverhampton, WV6 7BN
Bank
-
Legal Advisor
-
d.e.v.elopments lettings 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 d.e.v.elopments lettings limited.
d.e.v.elopments lettings 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 D.E.V.ELOPMENTS LETTINGS LIMITED. This can take several minutes, an email will notify you when this has completed.
d.e.v.elopments lettings limited Companies House Filings - See Documents
| date | description | view/download |
|---|
