Specialised construction activities (other than scaffold erection) n.e.c.
+1
Registered Address
11 amethyst road, newcastle business park, newcastle upon tyne, NE4 7YL
Website
-
north east residential property development ltdEstimated Valuation
£338.1k
Pomanda estimates the enterprise value of NORTH EAST RESIDENTIAL PROPERTY DEVELOPMENT LTD at £338.1k based on a Turnover of £961k and 0.35x industry multiple (adjusted for size and gross margin).
north east residential property development ltdEstimated Valuation
£0
Pomanda estimates the enterprise value of NORTH EAST RESIDENTIAL PROPERTY DEVELOPMENT LTD at £0 based on an EBITDA of £-7.2k and a 2.96x industry multiple (adjusted for size and gross margin).
north east residential property development ltdEstimated Valuation
£178.1k
Pomanda estimates the enterprise value of NORTH EAST RESIDENTIAL PROPERTY DEVELOPMENT LTD at £178.1k based on Net Assets of £83.5k and 2.13x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
North East Residential Property Development LtdOverview
North East Residential Property Development Ltd is a live company located in newcastle upon tyne, NE4 7YL with a Companies House number of 13511827. It operates in the other specialised construction activities n.e.c. sector, SIC Code 43999. Founded in July 2021, it's largest shareholder is
katherine armstrong
with a 50% stake. North East Residential Property Development Ltd is a startup,
small sized company, Pomanda has estimated its turnover at
£961k with
unknown
growth in recent years.
North East Residential Property Development Ltd Health Check
Pomanda's financial health check has awarded North East Residential Property Development Ltd a 2 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 5 areas for improvement. Company Health Check FAQs
Health Rating2out of 5
2 Strong
2 Regular
5 Weak
Size
annual sales of £961k, make it smaller than the average company (£5.1m)
£961k - North East Residential Property Development Ltd
£5.1m - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- - North East Residential Property Development Ltd
- - Industry AVG
Production
with a gross margin of 15.8%, this company has a higher cost of product (31.4%)
15.8% - North East Residential Property Development Ltd
31.4% - Industry AVG
Profitability
an operating margin of -0.7% make it less profitable than the average company (6.2%)
-0.7% - North East Residential Property Development Ltd
6.2% - Industry AVG
Employees
with 1 employees, this is below the industry average (26)
1 - North East Residential Property Development Ltd
26 - Industry AVG
Pay Structure
on an average salary of £47.4k, the company has an equivalent pay structure (£47.4k)
£47.4k - North East Residential Property Development Ltd
£47.4k - Industry AVG
Efficiency
resulting in sales per employee of £961k, this is more efficient (£172.4k)
£961k - North East Residential Property Development Ltd
£172.4k - Industry AVG
Debtor Days
it gets paid by customers after 48 days, this is near the average (49 days)
48 days - North East Residential Property Development Ltd
49 days - Industry AVG
Creditor Days
its suppliers are paid after 257 days, this is slower than average (36 days)
257 days - North East Residential Property Development Ltd
36 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - North East Residential Property Development Ltd
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - North East Residential Property Development Ltd
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 87.3%, this is a higher level of debt than the average (61.5%)
87.3% - North East Residential Property Development Ltd
61.5% - Industry AVG
NORTH EAST RESIDENTIAL PROPERTY DEVELOPMENT LTD financials
EXPORT
North East Residential Property Development Ltd's latest turnover from July 2023 is estimated at £961 thousand and the company has net assets of £83.5 thousand. According to their latest financial statements, North East Residential Property Development Ltd has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Jul 2023
Jul 2022
Turnover
960,962
509,470
Other Income Or Grants
Cost Of Sales
809,239
431,839
Gross Profit
151,723
77,631
Admin Expenses
158,907
-34,306
Operating Profit
-7,184
111,937
Interest Payable
Interest Receivable
Pre-Tax Profit
-7,184
111,937
Tax
-21,268
Profit After Tax
-7,184
90,669
Dividends Paid
Retained Profit
-7,184
90,669
Employee Costs
47,446
44,644
Number Of Employees
1
1
EBITDA*
-7,184
111,937
* Earnings Before Interest, Tax, Depreciation and Amortisation
Jul 2023
Jul 2022
Tangible Assets
527,115
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
527,115
Stock & work in progress
Trade Debtors
127,512
199,572
Group Debtors
Misc Debtors
Cash
misc current assets
total current assets
127,512
199,572
total assets
654,627
199,572
Bank overdraft
Bank loan
Trade Creditors
570,141
107,902
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
total current liabilities
570,141
107,902
loans
hp & lease commitments
Accruals and Deferred Income
1,001
1,001
other liabilities
provisions
total long term liabilities
1,001
1,001
total liabilities
571,142
108,903
net assets
83,485
90,669
total shareholders funds
83,485
90,669
Jul 2023
Jul 2022
Operating Activities
Operating Profit
-7,184
111,937
Depreciation
Amortisation
Tax
-21,268
Stock
Debtors
-72,060
199,572
Creditors
462,239
107,902
Accruals and Deferred Income
1,001
Deferred Taxes & Provisions
Cash flow from operations
527,115
Investing Activities
capital expenditure
-527,115
Change in Investments
cash flow from investments
-527,115
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
north east residential property development ltd Credit Report and Business Information
Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
Get a comprehensive credit check for north east residential property development ltd. Get real-time insights into north east residential property development ltd's credit score, group structure and payment trends.
North East Residential Property Development Ltd Competitor Analysis
Perform a competitor analysis for north east residential property development ltd by selecting its closest rivals, whether from the CONSTRUCTION sector, other small companies, companies in NE4 area or any other competitors across 12 key performance metrics.
north east residential property development ltd Ownership
NORTH EAST RESIDENTIAL PROPERTY DEVELOPMENT LTD group structure
North East Residential Property Development Ltd has no subsidiary companies.
Ultimate parent company
NORTH EAST RESIDENTIAL PROPERTY DEVELOPMENT LTD
13511827
NORTH EAST RESIDENTIAL PROPERTY DEVELOPMENT LTD Shareholders
The largest shareholders in North East Residential Property Development Ltd include Katherine Armstrong and Malachai Armstrong.
katherine armstrong
50%
malachai armstrong
50%
north east residential property development ltd directors
North East Residential Property Development Ltd currently has 2 directors.
The longest serving directors include
Mr Malachai Armstrong (Jul 2021) and
Mrs Katherine Armstrong (Aug 2022).
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
July 2023
net assets
83.5k
-0.08%
total assets
654.6k
+2.28%
cash
0
0%
net assets
Total assets minus all liabilities
Similar Companies
Similar companies unavailable for this selection
north east residential property development ltd company details
company number
13511827
Type
Private limited with Share Capital
industry
43999 - Specialised construction activities (other than scaffold erection) n.e.c.
82990 - Other business support service activities n.e.c.
incorporation date
July 2021
age
4
incorporated
UK
ultimate parent company
None
accounts
Micro-Entity Accounts
last accounts submitted
July 2023
previous names
N/A
accountant
-
auditor
-
address
11 amethyst road, newcastle business park, newcastle upon tyne, NE4 7YL
Bank
-
Legal Advisor
-
north east residential property development 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 8 charges/mortgages relating to north east residential property development ltd. Currently there are 8 open charges and 0 have been satisfied in the past.
north east residential property development 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 NORTH EAST RESIDENTIAL PROPERTY DEVELOPMENT LTD. This can take several minutes, an email will notify you when this has completed.
north east residential property development ltdCompanies House Filings - See Documents
