glenelg developments limited
glenelg developments limited Company Information
Company Number
NI040315
Next Accounts
Mar 2025
Shareholders
james glendinning glenelg developments ltd
alexandra amelia glendinning glenelg developments ltd
Group Structure
View All
Industry
Construction of commercial buildings
+1Registered Address
75 shore road, kircubbin, newtownards, county down, BT22 2RP
Website
-glenelg developments limited Estimated Valuation
Pomanda estimates the enterprise value of GLENELG DEVELOPMENTS LIMITED at £387.1k based on a Turnover of £1.5m and 0.27x industry multiple (adjusted for size and gross margin).
glenelg developments limited Estimated Valuation
Pomanda estimates the enterprise value of GLENELG DEVELOPMENTS LIMITED at £14.3k based on an EBITDA of £5.6k and a 2.57x industry multiple (adjusted for size and gross margin).
glenelg developments limited Estimated Valuation
Pomanda estimates the enterprise value of GLENELG DEVELOPMENTS LIMITED at £0 based on Net Assets of £-176.8k and 1.43x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Glenelg Developments Limited Overview
Glenelg Developments Limited is a dissolved company that was located in newtownards, BT22 2RP with a Companies House number of NI040315. It operated in the construction of commercial buildings sector, SIC Code 41201. Founded in March 2001, it's largest shareholder was james glendinning glenelg developments ltd with a 50% stake. The last turnover for Glenelg Developments Limited was estimated at £1.5m.
Upgrade for unlimited company reports & a free credit check
Glenelg Developments Limited Health Check
Pomanda's financial health check has awarded Glenelg Developments Limited a 2 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 7 areas for improvement. Company Health Check FAQs
2 Strong
1 Regular
7 Weak
Size
annual sales of £1.5m, make it smaller than the average company (£3.3m)
- Glenelg Developments Limited
£3.3m - Industry AVG
Growth
3 year (CAGR) sales growth of 152%, show it is growing at a faster rate (9.6%)
- Glenelg Developments Limited
9.6% - Industry AVG
Production
with a gross margin of 10.1%, this company has a higher cost of product (18.8%)
- Glenelg Developments Limited
18.8% - Industry AVG
Profitability
an operating margin of 0.4% make it less profitable than the average company (6.5%)
- Glenelg Developments Limited
6.5% - Industry AVG
Employees
with 3 employees, this is below the industry average (23)
- Glenelg Developments Limited
23 - Industry AVG
Pay Structure
on an average salary of £43.1k, the company has an equivalent pay structure (£43.1k)
- Glenelg Developments Limited
£43.1k - Industry AVG
Efficiency
resulting in sales per employee of £485.8k, this is more efficient (£290.9k)
- Glenelg Developments Limited
£290.9k - Industry AVG
Debtor Days
it gets paid by customers after 131 days, this is later than average (37 days)
- Glenelg Developments Limited
37 days - Industry AVG
Creditor Days
its suppliers are paid after 2 days, this is quicker than average (36 days)
- Glenelg Developments Limited
36 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Glenelg Developments Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Glenelg Developments Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 133.6%, this is a higher level of debt than the average (73.8%)
133.6% - Glenelg Developments Limited
73.8% - Industry AVG
GLENELG DEVELOPMENTS LIMITED financials
Glenelg Developments Limited's latest turnover from March 2018 is estimated at £1.5 million and the company has net assets of -£176.8 thousand. According to their latest financial statements, we estimate that Glenelg Developments Limited has 3 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|
| 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 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | |||||||||
| Intangible Assets | |||||||||
| Investments & Other | |||||||||
| Debtors (Due After 1 year) | |||||||||
| Total Fixed Assets | |||||||||
| Stock & work in progress | 522,534 | 892,422 | 889,729 | 886,730 | 872,549 | 871,689 | 858,574 | ||
| Trade Debtors | 525,652 | 525,625 | 268 | 151 | 943 | 1,249 | 354 | 535 | 1,179 |
| Group Debtors | |||||||||
| Misc Debtors | |||||||||
| Cash | 2 | 2 | 2 | 2 | 2 | 2 | |||
| misc current assets | |||||||||
| total current assets | 525,652 | 525,625 | 522,804 | 892,575 | 890,674 | 887,981 | 872,905 | 872,226 | 859,753 |
| total assets | 525,652 | 525,625 | 522,804 | 892,575 | 890,674 | 887,981 | 872,905 | 872,226 | 859,753 |
| Bank overdraft | 29,960 | ||||||||
| Bank loan | |||||||||
| Trade Creditors | 10,611 | 10,110 | 9,443 | 6,086 | 8,178 | 20,476 | 477,123 | 274,799 | 219,049 |
| Group/Directors Accounts | |||||||||
| other short term finances | |||||||||
| hp & lease commitments | |||||||||
| other current liabilities | |||||||||
| total current liabilities | 10,611 | 10,110 | 9,443 | 6,086 | 8,178 | 20,476 | 477,123 | 274,799 | 249,009 |
| loans | |||||||||
| hp & lease commitments | |||||||||
| Accruals and Deferred Income | |||||||||
| other liabilities | 691,860 | 696,855 | 701,389 | 1,017,596 | 1,015,559 | 991,595 | 511,000 | 696,000 | 696,000 |
| provisions | |||||||||
| total long term liabilities | 691,860 | 696,855 | 701,389 | 1,017,596 | 1,015,559 | 991,595 | 511,000 | 696,000 | 696,000 |
| total liabilities | 702,471 | 706,965 | 710,832 | 1,023,682 | 1,023,737 | 1,012,071 | 988,123 | 970,799 | 945,009 |
| net assets | -176,819 | -181,340 | -188,028 | -131,107 | -133,063 | -124,090 | -115,218 | -98,573 | -85,256 |
| total shareholders funds | -176,819 | -181,340 | -188,028 | -131,107 | -133,063 | -124,090 | -115,218 | -98,573 | -85,256 |
| Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||
| Operating Profit | |||||||||
| Depreciation | |||||||||
| Amortisation | |||||||||
| Tax | |||||||||
| Stock | -522,534 | -369,888 | 2,693 | 2,999 | 14,181 | 860 | 13,115 | 858,574 | |
| Debtors | 27 | 525,357 | 117 | -792 | -306 | 895 | -181 | -644 | 1,179 |
| Creditors | 501 | 667 | 3,357 | -2,092 | -12,298 | -456,647 | 202,324 | 55,750 | 219,049 |
| Accruals and Deferred Income | |||||||||
| 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 | -4,995 | -4,534 | -316,207 | 2,037 | 23,964 | 480,595 | -185,000 | 696,000 | |
| share issue | |||||||||
| interest | |||||||||
| cash flow from financing | |||||||||
| cash and cash equivalents | |||||||||
| cash | -2 | 2 | |||||||
| overdraft | -29,960 | 29,960 | |||||||
| change in cash | -2 | 29,962 | -29,960 |
glenelg developments limited Credit Report and Business Information
Glenelg Developments Limited Competitor Analysis
Perform a competitor analysis for glenelg developments limited by selecting its closest rivals, whether from the CONSTRUCTION sector, other undefined companies, companies in BT22 area or any other competitors across 12 key performance metrics.
glenelg developments limited Ownership
GLENELG DEVELOPMENTS LIMITED group structure
Glenelg Developments Limited has no subsidiary companies.
Ultimate parent company
GLENELG DEVELOPMENTS LIMITED
NI040315
glenelg developments limited directors
Glenelg Developments Limited currently has 2 directors. The longest serving directors include Mr James Glendinning (Mar 2001) and Mrs Alexandria Glendinning (Mar 2001).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr James Glendinning | Northern Ireland | 84 years | Mar 2001 | - | Director |
| Mrs Alexandria Glendinning | Northern Ireland | 82 years | Mar 2001 | - | Director |
P&L
March 2018turnover
1.5m
-3%
operating profit
5.6k
0%
gross margin
10.1%
-5.92%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2018net assets
-176.8k
-0.02%
total assets
525.7k
0%
cash
0
0%
net assets
Total assets minus all liabilities
glenelg developments limited company details
company number
NI040315
Type
Private limited with Share Capital
industry
41201 - Construction of commercial buildings
41202 - Construction of domestic buildings
incorporation date
March 2001
age
24
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
March 2018
previous names
N/A
accountant
-
auditor
-
address
75 shore road, kircubbin, newtownards, county down, BT22 2RP
Bank
-
Legal Advisor
-
glenelg 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 7 charges/mortgages relating to glenelg developments limited. Currently there are 7 open charges and 0 have been satisfied in the past.
glenelg 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.
Click to start generating capital raising & share issue transactions for GLENELG DEVELOPMENTS LIMITED. This can take several minutes, an email will notify you when this has completed.
glenelg developments limited Companies House Filings - See Documents
| date | description | view/download |
|---|
