countesswells development (no.2) limited
countesswells development (no.2) limited Company Information
Company Number
NI621938
Next Accounts
Sep 2025
Directors
Shareholders
countesswells development limited in administration
Group Structure
View All
Industry
Construction of domestic buildings
Registered Address
c/o tughans llp the ewart, 3 bedford square, belfast, BT2 7EP
Website
www.heronbros.comcountesswells development (no.2) limited Estimated Valuation
Pomanda estimates the enterprise value of COUNTESSWELLS DEVELOPMENT (NO.2) LIMITED at £147.1k based on a Turnover of £414.1k and 0.36x industry multiple (adjusted for size and gross margin).
countesswells development (no.2) limited Estimated Valuation
Pomanda estimates the enterprise value of COUNTESSWELLS DEVELOPMENT (NO.2) LIMITED at £0 based on an EBITDA of £-19.2k and a 3.19x industry multiple (adjusted for size and gross margin).
countesswells development (no.2) limited Estimated Valuation
Pomanda estimates the enterprise value of COUNTESSWELLS DEVELOPMENT (NO.2) LIMITED at £0 based on Net Assets of £-1.4m and 1.34x industry multiple (adjusted for liquidity).
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Countesswells Development (no.2) Limited Overview
Countesswells Development (no.2) Limited is a live company located in belfast, BT2 7EP with a Companies House number of NI621938. It operates in the construction of domestic buildings sector, SIC Code 41202. Founded in December 2013, it's largest shareholder is countesswells development limited in administration with a 100% stake. Countesswells Development (no.2) Limited is a established, micro sized company, Pomanda has estimated its turnover at £414.1k with rapid growth in recent years.
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Countesswells Development (no.2) Limited Health Check
Pomanda's financial health check has awarded Countesswells Development (No.2) Limited a 2 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 5 areas for improvement. Company Health Check FAQs
2 Strong
2 Regular
5 Weak
Size
annual sales of £414.1k, make it smaller than the average company (£546.9k)
- Countesswells Development (no.2) Limited
£546.9k - Industry AVG
Growth
3 year (CAGR) sales growth of 89%, show it is growing at a faster rate (9.2%)
- Countesswells Development (no.2) Limited
9.2% - Industry AVG
Production
with a gross margin of 19.8%, this company has a comparable cost of product (19.8%)
- Countesswells Development (no.2) Limited
19.8% - Industry AVG
Profitability
an operating margin of -4.6% make it less profitable than the average company (5.1%)
- Countesswells Development (no.2) Limited
5.1% - Industry AVG
Employees
with 1 employees, this is below the industry average (4)
1 - Countesswells Development (no.2) Limited
4 - Industry AVG
Pay Structure
on an average salary of £43.2k, the company has an equivalent pay structure (£43.2k)
- Countesswells Development (no.2) Limited
£43.2k - Industry AVG
Efficiency
resulting in sales per employee of £414.1k, this is more efficient (£215.1k)
- Countesswells Development (no.2) Limited
£215.1k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Countesswells Development (no.2) Limited
- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- Countesswells Development (no.2) Limited
- - Industry AVG
Stock Days
it holds stock equivalent to 718 days, this is more than average (276 days)
- Countesswells Development (no.2) Limited
276 days - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Countesswells Development (no.2) Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 311.1%, this is a higher level of debt than the average (72.2%)
311.1% - Countesswells Development (no.2) Limited
72.2% - Industry AVG
COUNTESSWELLS DEVELOPMENT (NO.2) LIMITED financials
Countesswells Development (No.2) Limited's latest turnover from December 2023 is estimated at £414.1 thousand and the company has net assets of -£1.4 million. According to their latest financial statements, Countesswells Development (No.2) Limited has 1 employee and maintains cash reserves of 0 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 | 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 | 654,000 | 654,000 | 68,508 | |||||||
| Trade Debtors | ||||||||||
| Group Debtors | ||||||||||
| Misc Debtors | 1 | 1 | ||||||||
| Cash | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | ||
| misc current assets | ||||||||||
| total current assets | 654,001 | 654,001 | 1 | 68,509 | 1 | 1 | 1 | 1 | 1 | 1 |
| total assets | 654,001 | 654,001 | 1 | 68,509 | 1 | 1 | 1 | 1 | 1 | 1 |
| Bank overdraft | ||||||||||
| Bank loan | ||||||||||
| Trade Creditors | 25,830 | |||||||||
| Group/Directors Accounts | 2,026,868 | 2,010,368 | ||||||||
| other short term finances | ||||||||||
| hp & lease commitments | ||||||||||
| other current liabilities | 7,500 | 4,800 | 128,878 | 123,493 | 48,655 | 48,055 | 42,394 | 36,830 | 31,330 | |
| total current liabilities | 2,034,368 | 2,015,168 | 128,878 | 123,493 | 48,655 | 48,055 | 42,394 | 36,830 | 31,330 | 25,830 |
| loans | ||||||||||
| hp & lease commitments | ||||||||||
| Accruals and Deferred Income | ||||||||||
| other liabilities | ||||||||||
| provisions | ||||||||||
| total long term liabilities | ||||||||||
| total liabilities | 2,034,368 | 2,015,168 | 128,878 | 123,493 | 48,655 | 48,055 | 42,394 | 36,830 | 31,330 | 25,830 |
| net assets | -1,380,367 | -1,361,167 | -128,877 | -54,984 | -48,654 | -48,054 | -42,393 | -36,829 | -31,329 | -25,829 |
| total shareholders funds | -1,380,367 | -1,361,167 | -128,877 | -54,984 | -48,654 | -48,054 | -42,393 | -36,829 | -31,329 | -25,829 |
| 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 | 654,000 | -68,508 | 68,508 | |||||||
| Debtors | 1 | |||||||||
| Creditors | -25,830 | 25,830 | ||||||||
| Accruals and Deferred Income | 2,700 | -124,078 | 5,385 | 74,838 | 600 | 5,661 | 5,564 | 5,500 | 31,330 | |
| 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 | 16,500 | 2,010,368 | ||||||||
| 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 | -1 | 1 | ||||||||
| overdraft | ||||||||||
| change in cash | -1 | 1 |
countesswells development (no.2) limited Credit Report and Business Information
Countesswells Development (no.2) Limited Competitor Analysis
Perform a competitor analysis for countesswells development (no.2) limited by selecting its closest rivals, whether from the CONSTRUCTION sector, other micro companies, companies in BT2 area or any other competitors across 12 key performance metrics.
countesswells development (no.2) limited Ownership
COUNTESSWELLS DEVELOPMENT (NO.2) LIMITED group structure
Countesswells Development (No.2) Limited has no subsidiary companies.
Ultimate parent company
2 parents
COUNTESSWELLS DEVELOPMENT (NO.2) LIMITED
NI621938
countesswells development (no.2) limited directors
Countesswells Development (No.2) Limited currently has 1 director, Mr Allan Caldwell serving since Feb 2022.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Allan Caldwell | 65 years | Feb 2022 | - | Director |
P&L
December 2023turnover
414.1k
-16%
operating profit
-19.2k
0%
gross margin
19.9%
-0.12%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
-1.4m
+0.01%
total assets
654k
0%
cash
0
0%
net assets
Total assets minus all liabilities
countesswells development (no.2) limited company details
company number
NI621938
Type
Private limited with Share Capital
industry
41202 - Construction of domestic buildings
incorporation date
December 2013
age
12
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
December 2023
previous names
heron countesswell (no. 2) limited (February 2022)
accountant
-
auditor
-
address
c/o tughans llp the ewart, 3 bedford square, belfast, BT2 7EP
Bank
-
Legal Advisor
-
countesswells development (no.2) 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 countesswells development (no.2) limited.
countesswells development (no.2) 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 COUNTESSWELLS DEVELOPMENT (NO.2) LIMITED. This can take several minutes, an email will notify you when this has completed.
countesswells development (no.2) limited Companies House Filings - See Documents
| date | description | view/download |
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