unit a picton manor, ellison place, newcastle upon tyne, NE1 8XG
Website
-
southwick development ltdEstimated Valuation
£76.2k
Pomanda estimates the enterprise value of SOUTHWICK DEVELOPMENT LTD at £76.2k based on a Turnover of £238.3k and 0.32x industry multiple (adjusted for size and gross margin).
southwick development ltdEstimated Valuation
£0
Pomanda estimates the enterprise value of SOUTHWICK DEVELOPMENT LTD at £0 based on an EBITDA of £-600 and a 2.53x industry multiple (adjusted for size and gross margin).
southwick development ltdEstimated Valuation
£0
Pomanda estimates the enterprise value of SOUTHWICK DEVELOPMENT LTD at £0 based on Net Assets of £-3.4k and 1.41x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Southwick Development LtdOverview
Southwick Development Ltd is a live company located in newcastle upon tyne, NE1 8XG with a Companies House number of 13986432. It operates in the development of building projects sector, SIC Code 41100. Founded in March 2022, it's largest shareholder is
modobloc ltd
with a 50% stake. Southwick Development Ltd is a startup,
micro sized company, Pomanda has estimated its turnover at
£238.3k with
unknown
growth in recent years.
Pomanda's financial health check has awarded Southwick Development Ltd a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 6 areas for improvement. Company Health Check FAQs
Health Rating1.5out of 5
1 Strong
2 Regular
6 Weak
Size
annual sales of £238.3k, make it smaller than the average company (£2.3m)
£238.3k - Southwick Development Ltd
£2.3m - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- - Southwick Development Ltd
- - Industry AVG
Production
with a gross margin of 9.1%, this company has a higher cost of product (26.3%)
9.1% - Southwick Development Ltd
26.3% - Industry AVG
Profitability
an operating margin of -0.2% make it less profitable than the average company (7.5%)
-0.2% - Southwick Development Ltd
7.5% - Industry AVG
Employees
with 1 employees, this is below the industry average (6)
1 - Southwick Development Ltd
6 - Industry AVG
Pay Structure
on an average salary of £48.3k, the company has an equivalent pay structure (£48.3k)
£48.3k - Southwick Development Ltd
£48.3k - Industry AVG
Efficiency
resulting in sales per employee of £238.3k, this is equally as efficient (£277.7k)
£238.3k - Southwick Development Ltd
£277.7k - Industry AVG
Debtor Days
it gets paid by customers after 77 days, this is later than average (27 days)
77 days - Southwick Development Ltd
27 days - Industry AVG
Creditor Days
its suppliers are paid after 90 days, this is slower than average (31 days)
90 days - Southwick Development Ltd
31 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Southwick Development Ltd
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Southwick Development Ltd
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 106.8%, this is a higher level of debt than the average (73.8%)
106.8% - Southwick Development Ltd
73.8% - Industry AVG
SOUTHWICK DEVELOPMENT LTD financials
EXPORT
Southwick Development Ltd's latest turnover from March 2024 is estimated at £238.3 thousand and the company has net assets of -£3.4 thousand. According to their latest financial statements, we estimate that Southwick Development Ltd has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Mar 2024
Mar 2023
Turnover
238,296
73,114
Other Income Or Grants
Cost Of Sales
216,642
66,271
Gross Profit
21,654
6,842
Admin Expenses
22,254
9,682
Operating Profit
-600
-2,840
Interest Payable
Interest Receivable
Pre-Tax Profit
-600
-2,840
Tax
Profit After Tax
-600
-2,840
Dividends Paid
Retained Profit
-600
-2,840
Employee Costs
48,262
45,947
Number Of Employees
1
1
EBITDA*
-600
-2,840
* Earnings Before Interest, Tax, Depreciation and Amortisation
Mar 2024
Mar 2023
Tangible Assets
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
Stock & work in progress
Trade Debtors
50,906
15,360
Group Debtors
Misc Debtors
Cash
misc current assets
total current assets
50,906
15,360
total assets
50,906
15,360
Bank overdraft
Bank loan
Trade Creditors
53,746
17,600
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
total current liabilities
53,746
17,600
loans
hp & lease commitments
Accruals and Deferred Income
600
600
other liabilities
provisions
total long term liabilities
600
600
total liabilities
54,346
18,200
net assets
-3,440
-2,840
total shareholders funds
-3,440
-2,840
Mar 2024
Mar 2023
Operating Activities
Operating Profit
-600
-2,840
Depreciation
Amortisation
Tax
Stock
Debtors
35,546
15,360
Creditors
36,146
17,600
Accruals and Deferred Income
600
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
southwick 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 southwick development ltd. Get real-time insights into southwick development ltd's credit score, group structure and payment trends.
Perform a competitor analysis for southwick development ltd by selecting its closest rivals, whether from the CONSTRUCTION sector, other micro companies, companies in NE1 area or any other competitors across 12 key performance metrics.
southwick development ltd Ownership
SOUTHWICK DEVELOPMENT LTD group structure
Southwick Development Ltd has no subsidiary companies.
Ultimate parent company
SOUTHWICK DEVELOPMENT LTD
13986432
SOUTHWICK DEVELOPMENT LTD Shareholders
The largest shareholders in Southwick Development Ltd include Modobloc Ltd and Mordew Property Investments Ltd.
modobloc ltd
50%
mordew property investments ltd
50%
southwick development ltd directors
Southwick Development Ltd currently has 3 directors.
The longest serving directors include
Mr Oliver Stapleton (Mar 2022) and
Mr David Jenkins (Mar 2022).
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2024
net assets
-3.4k
+0.21%
total assets
50.9k
+2.31%
cash
0
0%
net assets
Total assets minus all liabilities
Similar Companies
Similar companies unavailable for this selection
southwick development ltd company details
company number
13986432
Type
Private limited with Share Capital
industry
41100 - Development of building projects
incorporation date
March 2022
age
3
incorporated
UK
ultimate parent company
None
accounts
Micro-Entity Accounts
last accounts submitted
March 2024
previous names
N/A
accountant
-
auditor
-
address
unit a picton manor, ellison place, newcastle upon tyne, NE1 8XG
Bank
-
Legal Advisor
-
southwick 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 2 charges/mortgages relating to southwick development ltd. Currently there are 2 open charges and 0 have been satisfied in the past.
southwick 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 SOUTHWICK DEVELOPMENT LTD. This can take several minutes, an email will notify you when this has completed.
southwick development ltdCompanies House Filings - See Documents
