lenamore developments limited
lenamore developments limited Company Information
Company Number
NI059507
Next Accounts
Feb 2025
Industry
Development of building projects
Shareholders
roskyle ltd
james jackson
View AllGroup Structure
View All
Contact
Registered Address
laureldale hall laurel bank, comber, newtownards, BT23 5EJ
Website
-lenamore developments limited Estimated Valuation
Pomanda estimates the enterprise value of LENAMORE DEVELOPMENTS LIMITED at £542.8k based on a Turnover of £1.5m and 0.36x industry multiple (adjusted for size and gross margin).
lenamore developments limited Estimated Valuation
Pomanda estimates the enterprise value of LENAMORE DEVELOPMENTS LIMITED at £0 based on an EBITDA of £-1.2k and a 2.6x industry multiple (adjusted for size and gross margin).
lenamore developments limited Estimated Valuation
Pomanda estimates the enterprise value of LENAMORE DEVELOPMENTS LIMITED at £0 based on Net Assets of £-17.9k and 1.38x industry multiple (adjusted for liquidity).
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Lenamore Developments Limited Overview
Lenamore Developments Limited is a live company located in newtownards, BT23 5EJ with a Companies House number of NI059507. It operates in the development of building projects sector, SIC Code 41100. Founded in May 2006, it's largest shareholder is roskyle ltd with a 28.3% stake. Lenamore Developments Limited is a established, small sized company, Pomanda has estimated its turnover at £1.5m with declining growth in recent years.
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Lenamore Developments Limited Health Check
Pomanda's financial health check has awarded Lenamore 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 (£2.1m)
- Lenamore Developments Limited
£2.1m - Industry AVG
Growth
3 year (CAGR) sales growth of -6%, show it is growing at a slower rate (2.9%)
- Lenamore Developments Limited
2.9% - Industry AVG
Production
with a gross margin of 9.8%, this company has a higher cost of product (26.5%)
- Lenamore Developments Limited
26.5% - Industry AVG
Profitability
an operating margin of -0.1% make it less profitable than the average company (7.5%)
- Lenamore Developments Limited
7.5% - Industry AVG
Employees
with 3 employees, this is below the industry average (6)
- Lenamore Developments Limited
6 - Industry AVG
Pay Structure
on an average salary of £46.9k, the company has an equivalent pay structure (£46.9k)
- Lenamore Developments Limited
£46.9k - Industry AVG
Efficiency
resulting in sales per employee of £505k, this is more efficient (£277.7k)
- Lenamore Developments Limited
£277.7k - Industry AVG
Debtor Days
it gets paid by customers after 79 days, this is later than average (29 days)
- Lenamore Developments Limited
29 days - Industry AVG
Creditor Days
its suppliers are paid after 93 days, this is slower than average (30 days)
- Lenamore Developments Limited
30 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Lenamore Developments Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Lenamore Developments Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 105.4%, this is a higher level of debt than the average (72.4%)
105.4% - Lenamore Developments Limited
72.4% - Industry AVG
LENAMORE DEVELOPMENTS LIMITED financials
Lenamore Developments Limited's latest turnover from May 2023 is estimated at £1.5 million and the company has net assets of -£17.9 thousand. According to their latest financial statements, we estimate that Lenamore Developments Limited has 3 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| May 2023 | May 2022 | May 2021 | May 2020 | May 2019 | May 2018 | May 2017 | May 2016 | May 2015 | May 2014 | May 2013 | May 2012 | May 2011 | May 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 1,000 | 2,000 | 0 | |||||||||||
| Other Income Or Grants | 0 | |||||||||||||
| Cost Of Sales | 0 | |||||||||||||
| Gross Profit | 0 | |||||||||||||
| Admin Expenses | ||||||||||||||
| Operating Profit | ||||||||||||||
| Interest Payable | 0 | 0 | 0 | |||||||||||
| Interest Receivable | 0 | 0 | 0 | |||||||||||
| Pre-Tax Profit | 302 | 724 | -275 | |||||||||||
| Tax | 0 | 0 | 0 | |||||||||||
| Profit After Tax | 302 | 724 | -275 | |||||||||||
| Dividends Paid | 0 | 0 | 0 | |||||||||||
| Retained Profit | 302 | 724 | -275 | |||||||||||
| Employee Costs | ||||||||||||||
| Number Of Employees | ||||||||||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| May 2023 | May 2022 | May 2021 | May 2020 | May 2019 | May 2018 | May 2017 | May 2016 | May 2015 | May 2014 | May 2013 | May 2012 | May 2011 | May 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 331,899 | 0 | 331,899 | 331,899 | 324,486 | 19,486 | 18,675 |
| Trade Debtors | 332,020 | 333,206 | 333,130 | 333,481 | 333,655 | 333,554 | 333,271 | 79 | 332,856 | 79 | 79 | 79 | 79 | 79 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1,542 | 0 | 154 | 189 | 1,086 | 1,889 | 1,472 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 332,020 | 333,206 | 333,130 | 333,481 | 333,655 | 333,554 | 333,271 | 333,520 | 332,856 | 332,132 | 332,167 | 325,651 | 21,454 | 20,226 |
| total assets | 332,020 | 333,206 | 333,130 | 333,481 | 333,655 | 333,554 | 333,271 | 333,520 | 332,856 | 332,132 | 332,167 | 325,651 | 21,454 | 20,226 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 349,875 | 349,875 | 349,875 | 0 | 349,875 | 349,875 | 349,875 | 350,237 | 349,875 | 349,875 | 349,635 | 341,935 | 30,935 | 24,487 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 349,875 | 349,875 | 349,875 | 0 | 349,875 | 349,875 | 349,875 | 350,237 | 349,875 | 349,875 | 349,635 | 341,935 | 30,935 | 24,487 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 349,875 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 349,875 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 349,875 | 349,875 | 349,875 | 349,875 | 349,875 | 349,875 | 349,875 | 350,237 | 349,875 | 349,875 | 349,635 | 341,935 | 30,935 | 24,487 |
| net assets | -17,855 | -16,669 | -16,745 | -16,394 | -16,220 | -16,321 | -16,604 | -16,717 | -17,019 | -17,743 | -17,468 | -16,284 | -9,481 | -4,261 |
| total shareholders funds | -17,855 | -16,669 | -16,745 | -16,394 | -16,220 | -16,321 | -16,604 | -16,717 | -17,019 | -17,743 | -17,468 | -16,284 | -9,481 | -4,261 |
| May 2023 | May 2022 | May 2021 | May 2020 | May 2019 | May 2018 | May 2017 | May 2016 | May 2015 | May 2014 | May 2013 | May 2012 | May 2011 | May 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||||
| Operating Profit | ||||||||||||||
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | 0 | 0 | 0 | |||||||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | -331,899 | 331,899 | -331,899 | 0 | 7,413 | 305,000 | 811 | 18,675 |
| Debtors | -1,186 | 76 | -351 | -174 | 101 | 283 | 333,192 | -332,777 | 332,777 | 0 | 0 | 0 | 0 | 79 |
| Creditors | 0 | 0 | 349,875 | -349,875 | 0 | 0 | -362 | 362 | 0 | 240 | 7,700 | 311,000 | 6,448 | 24,487 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | ||||||||||||||
| Investing Activities | ||||||||||||||
| capital expenditure | ||||||||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | ||||||||||||||
| Financing Activities | ||||||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | -349,875 | 349,875 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||||||||||
| interest | 0 | 0 | 0 | |||||||||||
| cash flow from financing | 0 | 0 | 0 | |||||||||||
| cash and cash equivalents | ||||||||||||||
| cash | 0 | 0 | 0 | 0 | 0 | 0 | -1,542 | 1,542 | -154 | -35 | -897 | -803 | 417 | 1,472 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 0 | 0 | 0 | 0 | 0 | 0 | -1,542 | 1,542 | -154 | -35 | -897 | -803 | 417 | 1,472 |
lenamore developments limited Credit Report and Business Information
Lenamore Developments Limited Competitor Analysis
Perform a competitor analysis for lenamore developments limited by selecting its closest rivals, whether from the CONSTRUCTION sector, other small companies, companies in BT23 area or any other competitors across 12 key performance metrics.
lenamore developments limited Ownership
LENAMORE DEVELOPMENTS LIMITED group structure
Lenamore Developments Limited has no subsidiary companies.
Ultimate parent company
LENAMORE DEVELOPMENTS LIMITED
NI059507
lenamore developments limited directors
Lenamore Developments Limited currently has 3 directors. The longest serving directors include Ms Andrea McCormick (Jul 2006) and Mr James Jackson (Jul 2006).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Ms Andrea McCormick | 60 years | Jul 2006 | - | Director | |
| Mr James Jackson | 58 years | Jul 2006 | - | Director | |
| Mr Colin Dougan | Northern Ireland | 58 years | Jan 2016 | - | Director |
P&L
May 2023turnover
1.5m
+2%
operating profit
-1.2k
0%
gross margin
9.9%
-0.55%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
May 2023net assets
-17.9k
+0.07%
total assets
332k
0%
cash
0
0%
net assets
Total assets minus all liabilities
lenamore developments limited company details
company number
NI059507
Type
Private limited with Share Capital
industry
41100 - Development of building projects
incorporation date
May 2006
age
19
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
May 2023
previous names
N/A
accountant
-
auditor
-
address
laureldale hall laurel bank, comber, newtownards, BT23 5EJ
Bank
-
Legal Advisor
-
lenamore 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 did not find charges/mortgages relating to lenamore developments limited.
lenamore 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.
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lenamore developments limited Companies House Filings - See Documents
| date | description | view/download |
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