elm developments (ni) limited
elm developments (ni) limited Company Information
Company Number
NI621758
Next Accounts
Sep 2025
Shareholders
lotus homes holdings limited
Group Structure
View All
Industry
Buying and selling of own real estate
Registered Address
the factory 184 newry road, banbridge, co down, BT32 3NB
Website
lotushomes.comelm developments (ni) limited Estimated Valuation
Pomanda estimates the enterprise value of ELM DEVELOPMENTS (NI) LIMITED at £729.6k based on a Turnover of £239.2k and 3.05x industry multiple (adjusted for size and gross margin).
elm developments (ni) limited Estimated Valuation
Pomanda estimates the enterprise value of ELM DEVELOPMENTS (NI) LIMITED at £0 based on an EBITDA of £-2.2k and a 6.54x industry multiple (adjusted for size and gross margin).
elm developments (ni) limited Estimated Valuation
Pomanda estimates the enterprise value of ELM DEVELOPMENTS (NI) LIMITED at £0 based on Net Assets of £-6.8k and 1.58x industry multiple (adjusted for liquidity).
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Elm Developments (ni) Limited Overview
Elm Developments (ni) Limited is a live company located in co down, BT32 3NB with a Companies House number of NI621758. It operates in the buying and selling of own real estate sector, SIC Code 68100. Founded in December 2013, it's largest shareholder is lotus homes holdings limited with a 100% stake. Elm Developments (ni) Limited is a established, micro sized company, Pomanda has estimated its turnover at £239.2k with declining growth in recent years.
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Elm Developments (ni) Limited Health Check
Pomanda's financial health check has awarded Elm Developments (Ni) Limited a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 8 areas for improvement. Company Health Check FAQs
2 Strong
2 Regular
8 Weak
Size
annual sales of £239.2k, make it smaller than the average company (£930.5k)
- Elm Developments (ni) Limited
£930.5k - Industry AVG
Growth
3 year (CAGR) sales growth of -9%, show it is growing at a slower rate (2.8%)
- Elm Developments (ni) Limited
2.8% - Industry AVG
Production
with a gross margin of 70.3%, this company has a comparable cost of product (70.3%)
- Elm Developments (ni) Limited
70.3% - Industry AVG
Profitability
an operating margin of -0.9% make it less profitable than the average company (24.1%)
- Elm Developments (ni) Limited
24.1% - Industry AVG
Employees
with 2 employees, this is below the industry average (4)
- Elm Developments (ni) Limited
4 - Industry AVG
Pay Structure
on an average salary of £38k, the company has an equivalent pay structure (£38k)
- Elm Developments (ni) Limited
£38k - Industry AVG
Efficiency
resulting in sales per employee of £119.6k, this is less efficient (£186.4k)
- Elm Developments (ni) Limited
£186.4k - Industry AVG
Debtor Days
it gets paid by customers after 2 days, this is earlier than average (24 days)
- Elm Developments (ni) Limited
24 days - Industry AVG
Creditor Days
its suppliers are paid after 1226 days, this is slower than average (32 days)
- Elm Developments (ni) Limited
32 days - Industry AVG
Stock Days
it holds stock equivalent to 1179 days, this is more than average (389 days)
- Elm Developments (ni) Limited
389 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (8 weeks)
0 weeks - Elm Developments (ni) Limited
8 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 103%, this is a higher level of debt than the average (64.1%)
103% - Elm Developments (ni) Limited
64.1% - Industry AVG
ELM DEVELOPMENTS (NI) LIMITED financials
Elm Developments (Ni) Limited's latest turnover from December 2023 is estimated at £239.2 thousand and the company has net assets of -£6.8 thousand. According to their latest financial statements, we estimate that Elm Developments (Ni) Limited has 2 employees and maintains cash reserves of £862 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
| 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 | 1 | |||||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | ||||||||||
| Intangible Assets | ||||||||||
| Investments & Other | ||||||||||
| Debtors (Due After 1 year) | ||||||||||
| Total Fixed Assets | ||||||||||
| Stock & work in progress | 229,375 | 229,375 | 50,000 | 171,100 | 121,100 | 206,100 | 246,100 | 72,816 | 115,000 | |
| Trade Debtors | 1,378 | 1,598 | 52,757 | 28,386 | 3,838 | 163,568 | 175,251 | 115,559 | 334,532 | 327 |
| Group Debtors | ||||||||||
| Misc Debtors | ||||||||||
| Cash | 862 | 4,520 | 5,418 | 130,529 | 4,513 | 16,458 | 34 | 18,175 | 72,610 | |
| misc current assets | ||||||||||
| total current assets | 231,615 | 235,493 | 58,175 | 208,915 | 179,451 | 301,126 | 381,385 | 379,834 | 479,958 | 115,327 |
| total assets | 231,615 | 235,493 | 58,175 | 208,915 | 179,451 | 301,126 | 381,385 | 379,834 | 479,958 | 115,327 |
| Bank overdraft | ||||||||||
| Bank loan | ||||||||||
| Trade Creditors | 238,460 | 240,235 | 53,179 | 163,469 | 257,521 | 379,315 | 378,763 | 1,748 | 71,366 | 300 |
| Group/Directors Accounts | ||||||||||
| other short term finances | ||||||||||
| hp & lease commitments | ||||||||||
| other current liabilities | ||||||||||
| total current liabilities | 238,460 | 240,235 | 53,179 | 163,469 | 257,521 | 379,315 | 378,763 | 1,748 | 71,366 | 300 |
| loans | ||||||||||
| hp & lease commitments | ||||||||||
| Accruals and Deferred Income | ||||||||||
| other liabilities | 115,449 | |||||||||
| provisions | ||||||||||
| total long term liabilities | 115,449 | |||||||||
| total liabilities | 238,460 | 240,235 | 53,179 | 163,469 | 257,521 | 379,315 | 378,763 | 1,748 | 71,366 | 115,749 |
| net assets | -6,845 | -4,742 | 4,996 | 45,446 | -78,070 | -78,189 | 2,622 | 378,086 | 408,592 | -422 |
| total shareholders funds | -6,845 | -4,742 | 4,996 | 45,446 | -78,070 | -78,189 | 2,622 | 378,086 | 408,592 | -422 |
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||
| Operating Profit | ||||||||||
| Depreciation | ||||||||||
| Amortisation | ||||||||||
| Tax | ||||||||||
| Stock | 229,375 | -50,000 | -121,100 | 50,000 | -85,000 | -40,000 | 173,284 | -42,184 | 115,000 | |
| Debtors | -220 | -51,159 | 24,371 | 24,548 | -159,730 | -11,683 | 59,692 | -218,973 | 334,205 | 327 |
| Creditors | -1,775 | 187,056 | -110,290 | -94,052 | -121,794 | 552 | 377,015 | -69,618 | 71,066 | 300 |
| 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 | -115,449 | 115,449 | ||||||||
| share issue | ||||||||||
| interest | ||||||||||
| cash flow from financing | ||||||||||
| cash and cash equivalents | ||||||||||
| cash | -3,658 | -898 | -125,111 | 126,016 | -11,945 | 16,424 | -18,141 | -54,435 | 72,610 | |
| overdraft | ||||||||||
| change in cash | -3,658 | -898 | -125,111 | 126,016 | -11,945 | 16,424 | -18,141 | -54,435 | 72,610 |
elm developments (ni) limited Credit Report and Business Information
Elm Developments (ni) Limited Competitor Analysis
Perform a competitor analysis for elm developments (ni) limited by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other micro companies, companies in BT32 area or any other competitors across 12 key performance metrics.
elm developments (ni) limited Ownership
ELM DEVELOPMENTS (NI) LIMITED group structure
Elm Developments (Ni) Limited has no subsidiary companies.
Ultimate parent company
LOTUS HOMES HOLDINGS LTD
#0174756
2 parents
ELM DEVELOPMENTS (NI) LIMITED
NI621758
elm developments (ni) limited directors
Elm Developments (Ni) Limited currently has 5 directors. The longest serving directors include Mr Paul O'Rourke (Feb 2015) and Mrs Fiona Murdock (Mar 2016).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Paul O'Rourke | Northern Ireland | 66 years | Feb 2015 | - | Director |
| Mrs Fiona Murdock | England | 57 years | Mar 2016 | - | Director |
| Mrs Kathleen Murdock | England | 60 years | Mar 2016 | - | Director |
| Mr Martin Tumilty | Northern Ireland | 42 years | Nov 2019 | - | Director |
| Mr Fergal McAliskey | Northern Ireland | 35 years | Nov 2019 | - | Director |
P&L
December 2023turnover
239.2k
+4%
operating profit
-2.2k
0%
gross margin
70.4%
+0.9%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
-6.8k
+0.44%
total assets
231.6k
-0.02%
cash
862
-0.81%
net assets
Total assets minus all liabilities
elm developments (ni) limited company details
company number
NI621758
Type
Private limited with Share Capital
industry
68100 - Buying and selling of own real estate
incorporation date
December 2013
age
12
incorporated
UK
ultimate parent company
accounts
Small Company
last accounts submitted
December 2023
previous names
N/A
accountant
IDS CHARTERED ACCOUNTANTS LLP
auditor
-
address
the factory 184 newry road, banbridge, co down, BT32 3NB
Bank
-
Legal Advisor
-
elm developments (ni) 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 elm developments (ni) limited. Currently there are 0 open charges and 2 have been satisfied in the past.
elm developments (ni) 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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elm developments (ni) limited Companies House Filings - See Documents
| date | description | view/download |
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