tune developments limited
tune developments limited Company Information
Company Number
13052196
Next Accounts
Aug 2025
Shareholders
andrew keith roberts
Group Structure
View All
Industry
Development of building projects
Registered Address
3 - 5 college street, nottingham, nottinghamshire, NG1 5AQ
Website
-tune developments limited Estimated Valuation
Pomanda estimates the enterprise value of TUNE DEVELOPMENTS LIMITED at £260.8k based on a Turnover of £791.4k and 0.33x industry multiple (adjusted for size and gross margin).
tune developments limited Estimated Valuation
Pomanda estimates the enterprise value of TUNE DEVELOPMENTS LIMITED at £0 based on an EBITDA of £-9.7k and a 2.61x industry multiple (adjusted for size and gross margin).
tune developments limited Estimated Valuation
Pomanda estimates the enterprise value of TUNE DEVELOPMENTS LIMITED at £0 based on Net Assets of £-10.3k and 1.41x industry multiple (adjusted for liquidity).
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Tune Developments Limited Overview
Tune Developments Limited is a live company located in nottinghamshire, NG1 5AQ with a Companies House number of 13052196. It operates in the development of building projects sector, SIC Code 41100. Founded in November 2020, it's largest shareholder is andrew keith roberts with a 100% stake. Tune Developments Limited is a young, small sized company, Pomanda has estimated its turnover at £791.4k with unknown growth in recent years.
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Tune Developments Limited Health Check
Pomanda's financial health check has awarded Tune Developments Limited 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
1 Regular
6 Weak
Size
annual sales of £791.4k, make it smaller than the average company (£2.2m)
- Tune Developments Limited
£2.2m - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Tune Developments Limited
- - Industry AVG
Production
with a gross margin of 9.7%, this company has a higher cost of product (26.5%)
- Tune Developments Limited
26.5% - Industry AVG
Profitability
an operating margin of -1.2% make it less profitable than the average company (6.8%)
- Tune Developments Limited
6.8% - Industry AVG
Employees
with 2 employees, this is below the industry average (6)
- Tune Developments Limited
6 - Industry AVG
Pay Structure
on an average salary of £47.3k, the company has an equivalent pay structure (£47.3k)
- Tune Developments Limited
£47.3k - Industry AVG
Efficiency
resulting in sales per employee of £395.7k, this is more efficient (£267.8k)
- Tune Developments Limited
£267.8k - Industry AVG
Debtor Days
it gets paid by customers after 79 days, this is later than average (27 days)
- Tune Developments Limited
27 days - Industry AVG
Creditor Days
its suppliers are paid after 91 days, this is slower than average (30 days)
- Tune Developments Limited
30 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Tune Developments Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Tune Developments Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 106%, this is a higher level of debt than the average (72.7%)
106% - Tune Developments Limited
72.7% - Industry AVG
TUNE DEVELOPMENTS LIMITED financials
Tune Developments Limited's latest turnover from November 2023 is estimated at £791.4 thousand and the company has net assets of -£10.3 thousand. According to their latest financial statements, we estimate that Tune Developments Limited has 2 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 | |
|---|---|---|---|
| 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 | |
|---|---|---|---|
| Tangible Assets | 60 | ||
| Intangible Assets | |||
| Investments & Other | |||
| Debtors (Due After 1 year) | |||
| Total Fixed Assets | 60 | ||
| Stock & work in progress | |||
| Trade Debtors | 172,539 | 292,629 | 107,444 |
| Group Debtors | |||
| Misc Debtors | |||
| Cash | |||
| misc current assets | |||
| total current assets | 172,539 | 292,629 | 107,444 |
| total assets | 172,599 | 292,629 | 107,444 |
| Bank overdraft | |||
| Bank loan | |||
| Trade Creditors | 178,346 | 291,474 | 112,699 |
| Group/Directors Accounts | |||
| other short term finances | |||
| hp & lease commitments | |||
| other current liabilities | |||
| total current liabilities | 178,346 | 291,474 | 112,699 |
| loans | |||
| hp & lease commitments | |||
| Accruals and Deferred Income | 4,531 | 1,700 | |
| other liabilities | |||
| provisions | |||
| total long term liabilities | 4,531 | 1,700 | |
| total liabilities | 182,877 | 293,174 | 112,699 |
| net assets | -10,278 | -545 | -5,255 |
| total shareholders funds | -10,278 | -545 | -5,255 |
| Nov 2023 | Nov 2022 | Nov 2021 | |
|---|---|---|---|
| Operating Activities | |||
| Operating Profit | |||
| Depreciation | |||
| Amortisation | |||
| Tax | |||
| Stock | |||
| Debtors | -120,090 | 185,185 | 107,444 |
| Creditors | -113,128 | 178,775 | 112,699 |
| Accruals and Deferred Income | 2,831 | 1,700 | |
| 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 |
tune developments limited Credit Report and Business Information
Tune Developments Limited Competitor Analysis
Perform a competitor analysis for tune developments limited by selecting its closest rivals, whether from the CONSTRUCTION sector, other small companies, companies in NG1 area or any other competitors across 12 key performance metrics.
tune developments limited Ownership
TUNE DEVELOPMENTS LIMITED group structure
Tune Developments Limited has no subsidiary companies.
Ultimate parent company
TUNE DEVELOPMENTS LIMITED
13052196
tune developments limited directors
Tune Developments Limited currently has 6 directors. The longest serving directors include Mr Andrew Roberts (Nov 2020) and Mr Andrew Roberts (Nov 2020).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Andrew Roberts | United Kingdom | 52 years | Nov 2020 | - | Director |
| Mr Andrew Roberts | United Kingdom | 52 years | Nov 2020 | - | Director |
| Mr Anthony Marjerrison | England | 45 years | Jul 2021 | - | Director |
| Mr Shaun Fox | England | 55 years | Jul 2021 | - | Director |
| Mr Shaun Fox | England | 55 years | Jul 2021 | - | Director |
| Mr Anthony Marjerrison | England | 45 years | Jul 2021 | - | Director |
P&L
November 2023turnover
791.4k
-38%
operating profit
-9.7k
0%
gross margin
9.7%
-0.71%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
November 2023net assets
-10.3k
+17.86%
total assets
172.6k
-0.41%
cash
0
0%
net assets
Total assets minus all liabilities
Similar Companies
tune developments limited company details
company number
13052196
Type
Private limited with Share Capital
industry
41100 - Development of building projects
incorporation date
November 2020
age
5
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
November 2023
previous names
N/A
accountant
-
auditor
-
address
3 - 5 college street, nottingham, nottinghamshire, NG1 5AQ
Bank
-
Legal Advisor
-
tune developments 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 tune developments limited.
tune developments 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.
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tune developments limited Companies House Filings - See Documents
| date | description | view/download |
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