grand avenue developments 2 limited
grand avenue developments 2 limited Company Information
Company Number
13909851
Next Accounts
Dec 2025
Shareholders
timothy david clapham
alfred henry haagman
Group 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
dickens house guithavon street, witham, essex, CM8 1BJ
Website
-grand avenue developments 2 limited Estimated Valuation
Pomanda estimates the enterprise value of GRAND AVENUE DEVELOPMENTS 2 LIMITED at £2.6m based on a Turnover of £1m and 2.55x industry multiple (adjusted for size and gross margin).
grand avenue developments 2 limited Estimated Valuation
Pomanda estimates the enterprise value of GRAND AVENUE DEVELOPMENTS 2 LIMITED at £0 based on an EBITDA of £-28k and a 4.98x industry multiple (adjusted for size and gross margin).
grand avenue developments 2 limited Estimated Valuation
Pomanda estimates the enterprise value of GRAND AVENUE DEVELOPMENTS 2 LIMITED at £0 based on Net Assets of £-38.9k and 1.75x industry multiple (adjusted for liquidity).
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Grand Avenue Developments 2 Limited Overview
Grand Avenue Developments 2 Limited is a live company located in essex, CM8 1BJ with a Companies House number of 13909851. It operates in the other letting and operating of own or leased real estate sector, SIC Code 68209. Founded in February 2022, it's largest shareholder is timothy david clapham with a 50% stake. Grand Avenue Developments 2 Limited is a startup, small sized company, Pomanda has estimated its turnover at £1m with unknown growth in recent years.
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Grand Avenue Developments 2 Limited Health Check
Pomanda's financial health check has awarded Grand Avenue Developments 2 Limited a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 5 areas for improvement. Company Health Check FAQs
1 Strong
2 Regular
5 Weak
Size
annual sales of £1m, make it in line with the average company (£918.1k)
- Grand Avenue Developments 2 Limited
£918.1k - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Grand Avenue Developments 2 Limited
- - Industry AVG
Production
with a gross margin of 34.6%, this company has a higher cost of product (75.5%)
- Grand Avenue Developments 2 Limited
75.5% - Industry AVG
Profitability
an operating margin of -2.7% make it less profitable than the average company (29.4%)
- Grand Avenue Developments 2 Limited
29.4% - Industry AVG
Employees
with 3 employees, this is below the industry average (4)
- Grand Avenue Developments 2 Limited
4 - Industry AVG
Pay Structure
on an average salary of £32.3k, the company has an equivalent pay structure (£32.3k)
- Grand Avenue Developments 2 Limited
£32.3k - Industry AVG
Efficiency
resulting in sales per employee of £345.1k, this is more efficient (£177.7k)
- Grand Avenue Developments 2 Limited
£177.7k - Industry AVG
Debtor Days
it gets paid by customers after 64 days, this is later than average (30 days)
- Grand Avenue Developments 2 Limited
30 days - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- Grand Avenue Developments 2 Limited
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Grand Avenue Developments 2 Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Grand Avenue Developments 2 Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 105.7%, this is a higher level of debt than the average (64.5%)
105.7% - Grand Avenue Developments 2 Limited
64.5% - Industry AVG
GRAND AVENUE DEVELOPMENTS 2 LIMITED financials
Grand Avenue Developments 2 Limited's latest turnover from March 2024 is estimated at £1 million and the company has net assets of -£38.9 thousand. According to their latest financial statements, we estimate that Grand Avenue Developments 2 Limited has 3 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2024 | Mar 2023 | |
|---|---|---|
| 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
| Mar 2024 | Mar 2023 | |
|---|---|---|
| Tangible Assets | 505,289 | 503,681 |
| Intangible Assets | ||
| Investments & Other | ||
| Debtors (Due After 1 year) | ||
| Total Fixed Assets | 505,289 | 503,681 |
| Stock & work in progress | ||
| Trade Debtors | 181,795 | 404,575 |
| Group Debtors | ||
| Misc Debtors | ||
| Cash | ||
| misc current assets | ||
| total current assets | 181,795 | 404,575 |
| total assets | 687,084 | 908,256 |
| Bank overdraft | ||
| Bank loan | ||
| Trade Creditors | 194,387 | |
| Group/Directors Accounts | ||
| other short term finances | ||
| hp & lease commitments | ||
| other current liabilities | ||
| total current liabilities | 194,387 | |
| loans | ||
| hp & lease commitments | ||
| Accruals and Deferred Income | 2,400 | 1,200 |
| other liabilities | 723,580 | 723,580 |
| provisions | ||
| total long term liabilities | 725,980 | 724,780 |
| total liabilities | 725,980 | 919,167 |
| net assets | -38,896 | -10,911 |
| total shareholders funds | -38,896 | -10,911 |
| Mar 2024 | Mar 2023 | |
|---|---|---|
| Operating Activities | ||
| Operating Profit | ||
| Depreciation | ||
| Amortisation | ||
| Tax | ||
| Stock | ||
| Debtors | -222,780 | 404,575 |
| Creditors | -194,387 | 194,387 |
| Accruals and Deferred Income | 1,200 | 1,200 |
| 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 | 723,580 | |
| share issue | ||
| interest | ||
| cash flow from financing | ||
| cash and cash equivalents | ||
| cash | ||
| overdraft | ||
| change in cash |
grand avenue developments 2 limited Credit Report and Business Information
Grand Avenue Developments 2 Limited Competitor Analysis
Perform a competitor analysis for grand avenue developments 2 limited by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other small companies, companies in CM8 area or any other competitors across 12 key performance metrics.
grand avenue developments 2 limited Ownership
GRAND AVENUE DEVELOPMENTS 2 LIMITED group structure
Grand Avenue Developments 2 Limited has no subsidiary companies.
Ultimate parent company
GRAND AVENUE DEVELOPMENTS 2 LIMITED
13909851
grand avenue developments 2 limited directors
Grand Avenue Developments 2 Limited currently has 3 directors. The longest serving directors include Mr Alfred Haagman (Feb 2022) and Mr Timothy Clapham (Feb 2022).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Alfred Haagman | United Kingdom | 65 years | Feb 2022 | - | Director |
| Mr Timothy Clapham | England | 52 years | Feb 2022 | - | Director |
| Mr Alfred Haagman | 65 years | Feb 2022 | - | Director |
P&L
March 2024turnover
1m
-32%
operating profit
-28k
0%
gross margin
34.7%
+3.72%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2024net assets
-38.9k
+2.56%
total assets
687.1k
-0.24%
cash
0
0%
net assets
Total assets minus all liabilities
Similar Companies
grand avenue developments 2 limited company details
company number
13909851
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
February 2022
age
3
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
March 2024
previous names
64 palmeira avenue limited (September 2022)
accountant
-
auditor
-
address
dickens house guithavon street, witham, essex, CM8 1BJ
Bank
-
Legal Advisor
-
grand avenue developments 2 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 2 charges/mortgages relating to grand avenue developments 2 limited. Currently there are 2 open charges and 0 have been satisfied in the past.
grand avenue developments 2 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 GRAND AVENUE DEVELOPMENTS 2 LIMITED. This can take several minutes, an email will notify you when this has completed.
grand avenue developments 2 limited Companies House Filings - See Documents
| date | description | view/download |
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