development advice ltd

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development advice ltd Company Information

Share DEVELOPMENT ADVICE LTD

Company Number

13811077

Shareholders

ivan neurocny

Group Structure

View All

Industry

Combined facilities support activities

 

Registered Address

enterprise house 2 pass street, oldham, manchester, OL9 6HZ

Website

-

development advice ltd Estimated Valuation

£127.6k

Pomanda estimates the enterprise value of DEVELOPMENT ADVICE LTD at £127.6k based on a Turnover of £331.6k and 0.38x industry multiple (adjusted for size and gross margin).

development advice ltd Estimated Valuation

£1.8k

Pomanda estimates the enterprise value of DEVELOPMENT ADVICE LTD at £1.8k based on an EBITDA of £517 and a 3.43x industry multiple (adjusted for size and gross margin).

development advice ltd Estimated Valuation

£1.6k

Pomanda estimates the enterprise value of DEVELOPMENT ADVICE LTD at £1.6k based on Net Assets of £700 and 2.29x industry multiple (adjusted for liquidity).

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Development Advice Ltd Overview

Development Advice Ltd is a live company located in manchester, OL9 6HZ with a Companies House number of 13811077. It operates in the combined facilities support activities sector, SIC Code 81100. Founded in December 2021, it's largest shareholder is ivan neurocny with a 100% stake. Development Advice Ltd is a startup, micro sized company, Pomanda has estimated its turnover at £331.6k with unknown growth in recent years.

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Development Advice Ltd Health Check

Pomanda's financial health check has awarded Development Advice 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 Check Image
Health Rating2out of 5
positive_score

2 Strong

positive_score

3 Regular

positive_score

5 Weak

size

Size

annual sales of £331.6k, make it smaller than the average company (£10.7m)

£331.6k - Development Advice Ltd

£10.7m - Industry AVG

growth

Growth

There is insufficient data available for this Key Performance Indicator!

- - Development Advice Ltd

- - Industry AVG

production

Production

with a gross margin of 19.3%, this company has a comparable cost of product (19.3%)

19.3% - Development Advice Ltd

19.3% - Industry AVG

profitability

Profitability

an operating margin of 0.2% make it less profitable than the average company (4%)

0.2% - Development Advice Ltd

4% - Industry AVG

employees

Employees

with 5 employees, this is below the industry average (194)

5 - Development Advice Ltd

194 - Industry AVG

paystructure

Pay Structure

on an average salary of £31.4k, the company has an equivalent pay structure (£31.4k)

£31.4k - Development Advice Ltd

£31.4k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £66.3k, this is less efficient (£82.6k)

£66.3k - Development Advice Ltd

£82.6k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 24 days, this is earlier than average (45 days)

24 days - Development Advice Ltd

45 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 49 days, this is slower than average (21 days)

49 days - Development Advice Ltd

21 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Development Advice Ltd

- - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 21 weeks, this is average cash available to meet short term requirements (21 weeks)

21 weeks - Development Advice Ltd

21 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 98.2%, this is a higher level of debt than the average (76.3%)

98.2% - Development Advice Ltd

76.3% - Industry AVG

DEVELOPMENT ADVICE LTD financials

EXPORTms excel logo

Development Advice Ltd's latest turnover from December 2023 is estimated at £331.6 thousand and the company has net assets of £700. According to their latest financial statements, we estimate that Development Advice Ltd has 5 employees and maintains cash reserves of £15.8 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Dec 2023Dec 2022
Turnover331,557
Other Income Or Grants
Cost Of Sales267,694
Gross Profit63,863
Admin Expenses63,345
Operating Profit518
Interest Payable
Interest Receivable414
Pre-Tax Profit932
Tax-233
Profit After Tax699
Dividends Paid
Retained Profit699
Employee Costs156,864
Number Of Employees5
EBITDA*518

* Earnings Before Interest, Tax, Depreciation and Amortisation

Dec 2023Dec 2022
Tangible Assets
Intangible Assets
Investments & Other1
Debtors (Due After 1 year)
Total Fixed Assets1
Stock & work in progress
Trade Debtors22,623
Group Debtors
Misc Debtors1
Cash15,777
misc current assets
total current assets38,401
total assets38,4011
Bank overdraft
Bank loan
Trade Creditors 36,317
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities1,384
total current liabilities37,701
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
total long term liabilities
total liabilities37,701
net assets7001
total shareholders funds7001
Dec 2023Dec 2022
Operating Activities
Operating Profit518
Depreciation
Amortisation
Tax-233
Stock
Debtors22,624
Creditors36,317
Accruals and Deferred Income1,384
Deferred Taxes & Provisions
Cash flow from operations15,362
Investing Activities
capital expenditure
Change in Investments-11
cash flow from investments1-1
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
share issue1
interest414
cash flow from financing4141
cash and cash equivalents
cash15,777
overdraft
change in cash15,777

development advice ltd Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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Development Advice Ltd Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for development advice ltd by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other micro companies, companies in OL9 area or any other competitors across 12 key performance metrics.

development advice ltd Ownership

DEVELOPMENT ADVICE LTD group structure

Development Advice Ltd has no subsidiary companies.

Ultimate parent company

1 parent

DEVELOPMENT ADVICE LTD

13811077

DEVELOPMENT ADVICE LTD Shareholders

ivan neurocny 100%

development advice ltd directors

Development Advice Ltd currently has 2 directors. The longest serving directors include Mr Peter Doyle (Dec 2021) and Mr Ivan Neurocny (Apr 2023).

officercountryagestartendrole
Mr Peter DoyleUnited Kingdom56 years Dec 2021- Director
Mr Ivan NeurocnySlovakia49 years Apr 2023- Director

P&L

December 2023

turnover

331.6k

0%

operating profit

517.9

0%

gross margin

19.3%

0%

turnover

Turnover, or revenue, is the amount of sales generated by a company within the financial year.

Balance Sheet

December 2023

net assets

700

+699%

total assets

38.4k

+38400%

cash

15.8k

0%

net assets

Total assets minus all liabilities

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development advice ltd company details

company number

13811077

Type

Private limited with Share Capital

industry

81100 - Combined facilities support activities

incorporation date

December 2021

age

4

incorporated

UK

ultimate parent company

accounts

Total Exemption Full

last accounts submitted

December 2023

previous names

N/A

accountant

-

auditor

-

address

enterprise house 2 pass street, oldham, manchester, OL9 6HZ

Bank

-

Legal Advisor

-

development advice 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 did not find charges/mortgages relating to development advice ltd.

development advice 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.

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development advice ltd Companies House Filings - See Documents

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