pitstone developments limited
pitstone developments limited Company Information
Company Number
13426977
Next Accounts
Feb 2025
Industry
Development of building projects
Shareholders
jb investments (cheshire) limited
jnr investments limited
Group Structure
View All
Contact
Registered Address
basford old creamery, newcastle road, crewe, cheshire, CW2 5NQ
Website
-pitstone developments limited Estimated Valuation
Pomanda estimates the enterprise value of PITSTONE DEVELOPMENTS LIMITED at £279.3k based on a Turnover of £508.7k and 0.55x industry multiple (adjusted for size and gross margin).
pitstone developments limited Estimated Valuation
Pomanda estimates the enterprise value of PITSTONE DEVELOPMENTS LIMITED at £0 based on an EBITDA of £-5k and a 3.86x industry multiple (adjusted for size and gross margin).
pitstone developments limited Estimated Valuation
Pomanda estimates the enterprise value of PITSTONE DEVELOPMENTS LIMITED at £0 based on Net Assets of £-4.1k and 1.56x industry multiple (adjusted for liquidity).
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Pitstone Developments Limited Overview
Pitstone Developments Limited is a live company located in crewe, CW2 5NQ with a Companies House number of 13426977. It operates in the development of building projects sector, SIC Code 41100. Founded in May 2021, it's largest shareholder is jb investments (cheshire) limited with a 50% stake. Pitstone Developments Limited is a startup, small sized company, Pomanda has estimated its turnover at £508.7k with unknown growth in recent years.
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Pitstone Developments Limited Health Check
Pomanda's financial health check has awarded Pitstone Developments Limited a 1 rating. We use a traffic light system to show it exceeds the industry average on 0 measures and has 7 areas for improvement. Company Health Check FAQs
0 Strong
3 Regular
7 Weak
Size
annual sales of £508.7k, make it smaller than the average company (£2.1m)
- Pitstone Developments Limited
£2.1m - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Pitstone Developments Limited
- - Industry AVG
Production
with a gross margin of 26.2%, this company has a comparable cost of product (26.2%)
- Pitstone Developments Limited
26.2% - Industry AVG
Profitability
an operating margin of -1% make it less profitable than the average company (7.5%)
- Pitstone Developments Limited
7.5% - Industry AVG
Employees
with 2 employees, this is below the industry average (6)
2 - Pitstone Developments Limited
6 - Industry AVG
Pay Structure
on an average salary of £47.3k, the company has an equivalent pay structure (£47.3k)
- Pitstone Developments Limited
£47.3k - Industry AVG
Efficiency
resulting in sales per employee of £254.4k, this is equally as efficient (£281.8k)
- Pitstone Developments Limited
£281.8k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Pitstone Developments Limited
- - Industry AVG
Creditor Days
its suppliers are paid after 2 days, this is quicker than average (30 days)
- Pitstone Developments Limited
30 days - Industry AVG
Stock Days
it holds stock equivalent to 961 days, this is more than average (152 days)
- Pitstone Developments Limited
152 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 4 weeks, this is less cash available to meet short term requirements (13 weeks)
4 weeks - Pitstone Developments Limited
13 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 100.4%, this is a higher level of debt than the average (73.6%)
100.4% - Pitstone Developments Limited
73.6% - Industry AVG
PITSTONE DEVELOPMENTS LIMITED financials
Pitstone Developments Limited's latest turnover from May 2023 is estimated at £508.7 thousand and the company has net assets of -£4.1 thousand. According to their latest financial statements, Pitstone Developments Limited has 2 employees and maintains cash reserves of £91.5 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| May 2023 | May 2022 | |
|---|---|---|
| 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 | 2 | 2 |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| May 2023 | May 2022 | |
|---|---|---|
| Tangible Assets | 0 | 0 |
| Intangible Assets | 0 | 0 |
| Investments & Other | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 |
| Total Fixed Assets | 0 | 0 |
| Stock & work in progress | 989,601 | 946,559 |
| Trade Debtors | 0 | 0 |
| Group Debtors | 0 | 0 |
| Misc Debtors | 708 | 1,868 |
| Cash | 91,457 | 36,289 |
| misc current assets | 0 | 0 |
| total current assets | 1,081,766 | 984,716 |
| total assets | 1,081,766 | 984,716 |
| Bank overdraft | 0 | 0 |
| Bank loan | 0 | 0 |
| Trade Creditors | 2,400 | 3,204 |
| Group/Directors Accounts | 0 | 0 |
| other short term finances | 0 | 0 |
| hp & lease commitments | 0 | 0 |
| other current liabilities | 1,083,475 | 983,525 |
| total current liabilities | 1,085,875 | 986,729 |
| loans | 0 | 0 |
| hp & lease commitments | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 |
| other liabilities | 0 | 0 |
| provisions | 0 | 0 |
| total long term liabilities | 0 | 0 |
| total liabilities | 1,085,875 | 986,729 |
| net assets | -4,109 | -2,013 |
| total shareholders funds | -4,109 | -2,013 |
| May 2023 | May 2022 | |
|---|---|---|
| Operating Activities | ||
| Operating Profit | ||
| Depreciation | 0 | 0 |
| Amortisation | 0 | 0 |
| Tax | ||
| Stock | 43,042 | 946,559 |
| Debtors | -1,160 | 1,868 |
| Creditors | -804 | 3,204 |
| Accruals and Deferred Income | 99,950 | 983,525 |
| Deferred Taxes & Provisions | 0 | 0 |
| Cash flow from operations | ||
| Investing Activities | ||
| capital expenditure | ||
| Change in Investments | 0 | 0 |
| cash flow from investments | ||
| Financing Activities | ||
| Bank loans | 0 | 0 |
| Group/Directors Accounts | 0 | 0 |
| Other Short Term Loans | 0 | 0 |
| Long term loans | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 |
| other long term liabilities | 0 | 0 |
| share issue | ||
| interest | ||
| cash flow from financing | ||
| cash and cash equivalents | ||
| cash | 55,168 | 36,289 |
| overdraft | 0 | 0 |
| change in cash | 55,168 | 36,289 |
pitstone developments limited Credit Report and Business Information
Pitstone Developments Limited Competitor Analysis
Perform a competitor analysis for pitstone developments limited by selecting its closest rivals, whether from the CONSTRUCTION sector, other small companies, companies in CW2 area or any other competitors across 12 key performance metrics.
pitstone developments limited Ownership
PITSTONE DEVELOPMENTS LIMITED group structure
Pitstone Developments Limited has 1 subsidiary company.
Ultimate parent company
PITSTONE DEVELOPMENTS LIMITED
13426977
1 subsidiary
pitstone developments limited directors
Pitstone Developments Limited currently has 2 directors. The longest serving directors include Mr Jonathon Beeson (May 2021) and Mr Kevin Sheehan (May 2021).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Jonathon Beeson | United Kingdom | 46 years | May 2021 | - | Director |
| Mr Kevin Sheehan | 70 years | May 2021 | - | Director |
P&L
May 2023turnover
508.7k
+9%
operating profit
-5k
0%
gross margin
26.2%
+7.06%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
May 2023net assets
-4.1k
+1.04%
total assets
1.1m
+0.1%
cash
91.5k
+1.52%
net assets
Total assets minus all liabilities
Similar Companies
pitstone developments limited company details
company number
13426977
Type
Private limited with Share Capital
industry
41100 - Development of building projects
incorporation date
May 2021
age
3
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
May 2023
previous names
N/A
accountant
-
auditor
-
address
basford old creamery, newcastle road, crewe, cheshire, CW2 5NQ
Bank
-
Legal Advisor
-
pitstone 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 found 1 charges/mortgages relating to pitstone developments limited. Currently there are 1 open charges and 0 have been satisfied in the past.
pitstone 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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pitstone developments limited Companies House Filings - See Documents
| date | description | view/download |
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