emerald developments (armagh) limited
emerald developments (armagh) limited Company Information
Company Number
NI628062
Next Accounts
Dec 2025
Industry
Construction of commercial buildings
Directors
Shareholders
edmund coyle
julie coyle
Group Structure
View All
Contact
Registered Address
38a mallusk road, newtownabbey, BT36 4PP
emerald developments (armagh) limited Estimated Valuation
Pomanda estimates the enterprise value of EMERALD DEVELOPMENTS (ARMAGH) LIMITED at £7.4m based on a Turnover of £16.1m and 0.46x industry multiple (adjusted for size and gross margin).
emerald developments (armagh) limited Estimated Valuation
Pomanda estimates the enterprise value of EMERALD DEVELOPMENTS (ARMAGH) LIMITED at £0 based on an EBITDA of £-18.1k and a 4.26x industry multiple (adjusted for size and gross margin).
emerald developments (armagh) limited Estimated Valuation
Pomanda estimates the enterprise value of EMERALD DEVELOPMENTS (ARMAGH) LIMITED at £5.4m based on Net Assets of £3.6m and 1.49x industry multiple (adjusted for liquidity).
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Emerald Developments (armagh) Limited Overview
Emerald Developments (armagh) Limited is a live company located in newtownabbey, BT36 4PP with a Companies House number of NI628062. It operates in the construction of commercial buildings sector, SIC Code 41201. Founded in November 2014, it's largest shareholder is edmund coyle with a 52.2% stake. Emerald Developments (armagh) Limited is a established, mid sized company, Pomanda has estimated its turnover at £16.1m with high growth in recent years.
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Emerald Developments (armagh) Limited Health Check
Pomanda's financial health check has awarded Emerald Developments (Armagh) Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 1 areas for improvement. Company Health Check FAQs
5 Strong
4 Regular
1 Weak
Size
annual sales of £16.1m, make it larger than the average company (£11.3m)
- Emerald Developments (armagh) Limited
£11.3m - Industry AVG
Growth
3 year (CAGR) sales growth of 23%, show it is growing at a faster rate (9%)
- Emerald Developments (armagh) Limited
9% - Industry AVG
Production
with a gross margin of 16%, this company has a comparable cost of product (16%)
- Emerald Developments (armagh) Limited
16% - Industry AVG
Profitability
an operating margin of -0.2% make it less profitable than the average company (4.5%)
- Emerald Developments (armagh) Limited
4.5% - Industry AVG
Employees
with 48 employees, this is above the industry average (32)
- Emerald Developments (armagh) Limited
32 - Industry AVG
Pay Structure
on an average salary of £54.9k, the company has an equivalent pay structure (£54.9k)
- Emerald Developments (armagh) Limited
£54.9k - Industry AVG
Efficiency
resulting in sales per employee of £335.4k, this is equally as efficient (£336.5k)
- Emerald Developments (armagh) Limited
£336.5k - Industry AVG
Debtor Days
it gets paid by customers after 46 days, this is near the average (46 days)
- Emerald Developments (armagh) Limited
46 days - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- Emerald Developments (armagh) Limited
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Emerald Developments (armagh) Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 9465 weeks, this is more cash available to meet short term requirements (22 weeks)
9465 weeks - Emerald Developments (armagh) Limited
22 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 24.3%, this is a lower level of debt than the average (68.2%)
24.3% - Emerald Developments (armagh) Limited
68.2% - Industry AVG
EMERALD DEVELOPMENTS (ARMAGH) LIMITED financials
Emerald Developments (Armagh) Limited's latest turnover from March 2024 is estimated at £16.1 million and the company has net assets of £3.6 million. According to their latest financial statements, we estimate that Emerald Developments (Armagh) Limited has 48 employees and maintains cash reserves of £366.4 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | |
|---|---|---|---|---|---|---|---|---|---|
| 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 | 7 | 4 | |||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | |
|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 79,498 | 99,527 | 124,613 | 156,038 | 195,411 | 237,424 | 296,815 | 173,006 | 103,949 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 79,498 | 99,527 | 124,613 | 156,038 | 195,411 | 237,424 | 296,815 | 173,006 | 103,949 |
| Stock & work in progress | 0 | 0 | 0 | 225,000 | 300,754 | 192,500 | 564,248 | 1,152,803 | 676,036 |
| Trade Debtors | 2,050,000 | 2,050,000 | 2,050,000 | 2,059,500 | 2,059,500 | 2,131,847 | 104,484 | 189,509 | 1,894,930 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 2,299,461 | 2,290,473 | 2,290,473 | 2,668,197 | 1,351,653 | 1,801,425 | 2,977,661 | 1,427,258 | 97,000 |
| Cash | 366,428 | 393,910 | 412,797 | 2,824 | 13,737 | 274,519 | 115,659 | 265,088 | 302,379 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 4,715,889 | 4,734,383 | 4,753,270 | 4,955,521 | 3,725,644 | 4,400,291 | 3,762,052 | 3,034,658 | 2,970,345 |
| total assets | 4,795,387 | 4,833,910 | 4,877,883 | 5,111,559 | 3,921,055 | 4,637,715 | 4,058,867 | 3,207,664 | 3,074,294 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 0 | 1 | 1 | 9,033 | 20,610 | 350,727 | 319,848 | 176,337 | 1,312,042 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 2,013 | 29,780 | 29,780 | 0 | 0 | 0 | 190,346 | 298,086 | 367,083 |
| total current liabilities | 2,013 | 29,781 | 29,781 | 9,033 | 20,610 | 350,727 | 510,194 | 474,423 | 1,679,125 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 1,150,500 | 1,139,244 | 1,150,500 | 1,344,023 | 0 | 0 | 0 | 0 | 0 |
| provisions | 15,105 | 18,910 | 23,676 | 29,647 | 37,128 | 45,111 | 56,395 | 34,601 | 20,790 |
| total long term liabilities | 1,165,605 | 1,158,154 | 1,174,176 | 1,373,670 | 37,128 | 45,111 | 56,395 | 34,601 | 20,790 |
| total liabilities | 1,167,618 | 1,187,935 | 1,203,957 | 1,382,703 | 57,738 | 395,838 | 566,589 | 509,024 | 1,699,915 |
| net assets | 3,627,769 | 3,645,975 | 3,673,926 | 3,728,856 | 3,863,317 | 4,241,877 | 3,492,278 | 2,698,640 | 1,374,379 |
| total shareholders funds | 3,627,769 | 3,645,975 | 3,673,926 | 3,728,856 | 3,863,317 | 4,241,877 | 3,492,278 | 2,698,640 | 1,374,379 |
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | |
|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||
| Operating Profit | |||||||||
| Depreciation | 20,029 | 25,086 | 31,425 | 39,373 | 49,337 | 59,391 | 74,251 | 43,315 | 26,015 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | |||||||||
| Stock | 0 | 0 | -225,000 | -75,754 | 108,254 | -371,748 | -588,555 | 476,767 | 676,036 |
| Debtors | 8,988 | 0 | -387,224 | 1,316,544 | -522,119 | 851,127 | 1,465,378 | -375,163 | 1,991,930 |
| Creditors | -1 | 0 | -9,032 | -11,577 | -330,117 | 30,879 | 143,511 | -1,135,705 | 1,312,042 |
| Accruals and Deferred Income | -27,767 | 0 | 29,780 | 0 | 0 | -190,346 | -107,740 | -68,997 | 367,083 |
| Deferred Taxes & Provisions | -3,805 | -4,766 | -5,971 | -7,481 | -7,983 | -11,284 | 21,794 | 13,811 | 20,790 |
| Cash flow from operations | |||||||||
| Investing Activities | |||||||||
| capital expenditure | |||||||||
| Change in Investments | 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 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 11,256 | -11,256 | -193,523 | 1,344,023 | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||||||
| interest | |||||||||
| cash flow from financing | |||||||||
| cash and cash equivalents | |||||||||
| cash | -27,482 | -18,887 | 409,973 | -10,913 | -260,782 | 158,860 | -149,429 | -37,291 | 302,379 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -27,482 | -18,887 | 409,973 | -10,913 | -260,782 | 158,860 | -149,429 | -37,291 | 302,379 |
emerald developments (armagh) limited Credit Report and Business Information
Emerald Developments (armagh) Limited Competitor Analysis
Perform a competitor analysis for emerald developments (armagh) limited by selecting its closest rivals, whether from the CONSTRUCTION sector, other mid companies, companies in BT36 area or any other competitors across 12 key performance metrics.
emerald developments (armagh) limited Ownership
EMERALD DEVELOPMENTS (ARMAGH) LIMITED group structure
Emerald Developments (Armagh) Limited has no subsidiary companies.
Ultimate parent company
EMERALD DEVELOPMENTS (ARMAGH) LIMITED
NI628062
emerald developments (armagh) limited directors
Emerald Developments (Armagh) Limited currently has 1 director, Mr Edmund Coyle serving since Nov 2014.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Edmund Coyle | Northern Ireland | 58 years | Nov 2014 | - | Director |
P&L
March 2024turnover
16.1m
+104%
operating profit
-38.2k
0%
gross margin
16%
+3.36%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2024net assets
3.6m
0%
total assets
4.8m
-0.01%
cash
366.4k
-0.07%
net assets
Total assets minus all liabilities
emerald developments (armagh) limited company details
company number
NI628062
Type
Private limited with Share Capital
industry
41201 - Construction of commercial buildings
incorporation date
November 2014
age
11
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
March 2024
previous names
N/A
accountant
-
auditor
-
address
38a mallusk road, newtownabbey, BT36 4PP
Bank
-
Legal Advisor
-
emerald developments (armagh) 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 emerald developments (armagh) limited.
emerald developments (armagh) 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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emerald developments (armagh) limited Companies House Filings - See Documents
| date | description | view/download |
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