Activities of other holding companies (not including agricultural, production, construction, distribution and financial services holding companies) n.e.c.
Pomanda estimates the enterprise value of ANCRE DEVELOPMENTS LIMITED at £556.7k based on a Turnover of £558.6k and 1x industry multiple (adjusted for size and gross margin).
ancre developments limitedEstimated Valuation
£0
Pomanda estimates the enterprise value of ANCRE DEVELOPMENTS LIMITED at £0 based on an EBITDA of £0 and a 4.2x industry multiple (adjusted for size and gross margin).
ancre developments limitedEstimated Valuation
£450.5k
Pomanda estimates the enterprise value of ANCRE DEVELOPMENTS LIMITED at £450.5k based on Net Assets of £355k and 1.27x industry multiple (adjusted for liquidity).
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Ancre Developments LimitedOverview
Ancre Developments Limited is a live company located in antrim, BT39 0QR with a Companies House number of NI602679. It operates in the activities of other holding companies n.e.c. sector, SIC Code 64209. Founded in March 2010, it's largest shareholder is
neil black
with a 49.4% stake. Ancre Developments Limited is a established,
small sized company, Pomanda has estimated its turnover at
£558.6k with
healthy
growth in recent years.
Pomanda's financial health check has awarded Ancre Developments Limited a 2.5 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 4 areas for improvement. Company Health Check FAQs
Health Rating2.5out of 5
1 Strong
4 Regular
4 Weak
Size
annual sales of £558.6k, make it smaller than the average company (£18.7m)
£558.6k - Ancre Developments Limited
£18.7m - Industry AVG
Growth
3 year (CAGR) sales growth of 8%, show it is growing at a similar rate (9.1%)
8% - Ancre Developments Limited
9.1% - Industry AVG
Production
with a gross margin of 34.7%, this company has a comparable cost of product (34.7%)
34.7% - Ancre Developments Limited
34.7% - Industry AVG
Profitability
an operating margin of 0% make it less profitable than the average company (4.7%)
0% - Ancre Developments Limited
4.7% - Industry AVG
Employees
with 3 employees, this is below the industry average (102)
3 - Ancre Developments Limited
102 - Industry AVG
Pay Structure
on an average salary of £43k, the company has an equivalent pay structure (£43k)
£43k - Ancre Developments Limited
£43k - Industry AVG
Efficiency
resulting in sales per employee of £186.2k, this is equally as efficient (£186.2k)
£186.2k - Ancre Developments Limited
£186.2k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- - Ancre Developments Limited
- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- - Ancre Developments Limited
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Ancre Developments Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities
for 0 weeks, this is less cash available to meet short term requirements (14 weeks)
0 weeks - Ancre Developments Limited
14 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 33.2%, this is a lower level of debt than the average (68.8%)
33.2% - Ancre Developments Limited
68.8% - Industry AVG
ANCRE DEVELOPMENTS LIMITED financials
EXPORT
Ancre Developments Limited's latest turnover from October 2023 is estimated at £558.6 thousand and the company has net assets of £355 thousand. According to their latest financial statements, Ancre Developments Limited has 3 employees and maintains cash reserves of £2 as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Oct 2023
Oct 2022
Oct 2021
Oct 2020
Oct 2019
Oct 2018
Oct 2017
Oct 2016
Oct 2015
Oct 2014
Oct 2013
Oct 2012
Oct 2011
Oct 2010
Turnover
558,600
510,792
458,124
440,777
456,043
462,011
445,203
450,009
497,081
498,180
9,915
Other Income Or Grants
Cost Of Sales
364,716
332,931
308,350
292,970
303,560
310,263
296,849
301,021
338,664
338,887
6,853
Gross Profit
193,884
177,861
149,774
147,807
152,483
151,748
148,354
148,988
158,417
159,294
3,062
Admin Expenses
193,884
176,109
149,774
147,807
152,483
151,748
148,354
148,988
158,417
159,294
3,062
Operating Profit
1,752
Interest Payable
Interest Receivable
Pre-Tax Profit
1,752
123,474
Tax
-333
Profit After Tax
1,419
123,474
Dividends Paid
123,474
Retained Profit
1,419
Employee Costs
129,020
119,931
114,711
110,511
109,733
103,753
99,669
98,491
131,562
129,828
32,408
Number Of Employees
3
3
3
3
3
3
3
3
4
4
1
1
1
1
EBITDA*
1,752
* Earnings Before Interest, Tax, Depreciation and Amortisation
Oct 2023
Oct 2022
Oct 2021
Oct 2020
Oct 2019
Oct 2018
Oct 2017
Oct 2016
Oct 2015
Oct 2014
Oct 2013
Oct 2012
Oct 2011
Oct 2010
Tangible Assets
Intangible Assets
Investments & Other
497,601
497,601
471,770
480,815
480,815
446,770
446,770
446,770
446,770
446,770
356,770
356,770
356,770
356,770
Debtors (Due After 1 year)
Total Fixed Assets
497,601
497,601
471,770
480,815
480,815
446,770
446,770
446,770
446,770
446,770
356,770
356,770
356,770
356,770
Stock & work in progress
Trade Debtors
Group Debtors
34,045
34,045
34,045
Misc Debtors
Cash
2
2
2
2
2
2
2
2
2
2
2
2
2
2
misc current assets
total current assets
34,047
34,047
34,047
2
2
2
2
2
2
2
2
2
2
2
total assets
531,648
531,648
505,817
480,817
480,817
446,772
446,772
446,772
446,772
446,772
356,772
356,772
356,772
356,772
Bank overdraft
Bank loan
Trade Creditors
91,770
91,770
91,770
1,770
Group/Directors Accounts
176,646
176,646
150,815
125,815
125,815
91,770
91,770
1,770
1,770
1,770
other short term finances
hp & lease commitments
other current liabilities
total current liabilities
176,646
176,646
150,815
125,815
125,815
91,770
91,770
91,770
91,770
91,770
1,770
1,770
1,770
1,770
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
total long term liabilities
total liabilities
176,646
176,646
150,815
125,815
125,815
91,770
91,770
91,770
91,770
91,770
1,770
1,770
1,770
1,770
net assets
355,002
355,002
355,002
355,002
355,002
355,002
355,002
355,002
355,002
355,002
355,002
355,002
355,002
355,002
total shareholders funds
355,002
355,002
355,002
355,002
355,002
355,002
355,002
355,002
355,002
355,002
355,002
355,002
355,002
355,002
Oct 2023
Oct 2022
Oct 2021
Oct 2020
Oct 2019
Oct 2018
Oct 2017
Oct 2016
Oct 2015
Oct 2014
Oct 2013
Oct 2012
Oct 2011
Oct 2010
Operating Activities
Operating Profit
1,752
Depreciation
Amortisation
Tax
-333
Stock
Debtors
34,045
Creditors
-91,770
91,770
-91,770
90,000
1,770
Accruals and Deferred Income
Deferred Taxes & Provisions
Cash flow from operations
1,419
-34,045
-91,770
91,770
-91,770
90,000
1,770
Investing Activities
capital expenditure
Change in Investments
25,831
-9,045
34,045
90,000
356,770
cash flow from investments
-25,831
9,045
-34,045
-90,000
-356,770
Financing Activities
Bank loans
Group/Directors Accounts
25,831
25,000
125,815
-91,770
91,770
-1,770
1,770
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
share issue
-1,419
355,002
interest
cash flow from financing
24,412
25,000
125,815
-91,770
91,770
-1,770
356,772
cash and cash equivalents
cash
2
overdraft
change in cash
2
ancre developments limited 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 ancre developments limited. Get real-time insights into ancre developments limited's credit score, group structure and payment trends.
Perform a competitor analysis for ancre developments limited by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other small companies, companies in BT39 area or any other competitors across 12 key performance metrics.
ancre developments limited Ownership
ANCRE DEVELOPMENTS LIMITED group structure
Ancre Developments Limited has 6 subsidiary companies.
64209 - Activities of other holding companies (not including agricultural, production, construction, distribution and financial services holding companies) n.e.c.
incorporation date
March 2010
age
15
incorporated
UK
ultimate parent company
None
accounts
Total Exemption Full
last accounts submitted
October 2023
previous names
N/A
accountant
-
auditor
-
address
1 ballymena road, doagh, antrim, BT39 0QR
Bank
BANK OF IRELAND
Legal Advisor
-
ancre 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 ancre developments limited.
ancre 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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ancre developments limitedCompanies House Filings - See Documents
