blackbay developments limited
blackbay developments limited Company Information
Company Number
NI644853
Website
-Registered Address
216-218 holywood road, belfast, BT4 1PD
Industry
Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.
Buying and selling of own real estate
Telephone
-
Next Accounts Due
December 2024
Group Structure
View All
Directors
Alan McDowell7 Years
Shareholders
alan stuart mcdowell 100%
blackbay developments limited Estimated Valuation
Pomanda estimates the enterprise value of BLACKBAY DEVELOPMENTS LIMITED at £1.5m based on a Turnover of £1.1m and 1.41x industry multiple (adjusted for size and gross margin).
blackbay developments limited Estimated Valuation
Pomanda estimates the enterprise value of BLACKBAY DEVELOPMENTS LIMITED at £196.4k based on an EBITDA of £52.1k and a 3.77x industry multiple (adjusted for size and gross margin).
blackbay developments limited Estimated Valuation
Pomanda estimates the enterprise value of BLACKBAY DEVELOPMENTS LIMITED at £134.4k based on Net Assets of £93.6k and 1.44x industry multiple (adjusted for liquidity).
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Blackbay Developments Limited Overview
Blackbay Developments Limited is a live company located in belfast, BT4 1PD with a Companies House number of NI644853. It operates in the development of building projects sector, SIC Code 41100. Founded in March 2017, it's largest shareholder is alan stuart mcdowell with a 100% stake. Blackbay Developments Limited is a young, small sized company, Pomanda has estimated its turnover at £1.1m with declining growth in recent years.
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Blackbay Developments Limited Health Check
Pomanda's financial health check has awarded Blackbay Developments Limited a 3 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
3 Regular
5 Weak
Size
annual sales of £1.1m, make it in line with the average company (£1.3m)
- Blackbay Developments Limited
£1.3m - Industry AVG
Growth
3 year (CAGR) sales growth of -4%, show it is growing at a slower rate (2%)
- Blackbay Developments Limited
2% - Industry AVG
Production
with a gross margin of 23%, this company has a higher cost of product (55.2%)
- Blackbay Developments Limited
55.2% - Industry AVG
Profitability
an operating margin of 4.9% make it less profitable than the average company (27.1%)
- Blackbay Developments Limited
27.1% - Industry AVG
Employees
with 2 employees, this is below the industry average (4)
- Blackbay Developments Limited
4 - Industry AVG
Pay Structure
on an average salary of £38.3k, the company has an equivalent pay structure (£38.3k)
- Blackbay Developments Limited
£38.3k - Industry AVG
Efficiency
resulting in sales per employee of £531.2k, this is more efficient (£217.7k)
- Blackbay Developments Limited
£217.7k - Industry AVG
Debtor Days
it gets paid by customers after 119 days, this is later than average (28 days)
- Blackbay Developments Limited
28 days - Industry AVG
Creditor Days
its suppliers are paid after 111 days, this is slower than average (33 days)
- Blackbay Developments Limited
33 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Blackbay Developments Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Blackbay Developments Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 73.1%, this is a similar level of debt than the average (66.9%)
73.1% - Blackbay Developments Limited
66.9% - Industry AVG
BLACKBAY DEVELOPMENTS LIMITED financials
Blackbay Developments Limited's latest turnover from March 2023 is estimated at £1.1 million and the company has net assets of £93.6 thousand. According to their latest financial statements, we estimate that Blackbay Developments Limited has 2 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | |
|---|---|---|---|---|---|---|
| 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 | ||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | |
|---|---|---|---|---|---|---|
| Tangible Assets | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 0 | 0 | 0 | 0 | 0 | 0 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 214,151 |
| Trade Debtors | 348,384 | 295,080 | 371,843 | 373,939 | 357,887 | 0 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 | 0 | 46,852 |
| Cash | 0 | 0 | 0 | 0 | 0 | 0 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 348,384 | 295,080 | 371,843 | 373,939 | 357,887 | 261,003 |
| total assets | 348,384 | 295,080 | 371,843 | 373,939 | 357,887 | 261,003 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 250,359 | 240,075 | 336,040 | 342,000 | 336,950 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 260,000 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 0 | 0 | 0 | 0 | 0 | 1,000 |
| total current liabilities | 250,359 | 240,075 | 336,040 | 342,000 | 336,950 | 261,000 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 4,425 | 3,575 | 1,570 | 2,121 | 1,320 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 4,425 | 3,575 | 1,570 | 2,121 | 1,320 | 0 |
| total liabilities | 254,784 | 243,650 | 337,610 | 344,121 | 338,270 | 261,000 |
| net assets | 93,600 | 51,430 | 34,233 | 29,818 | 19,617 | 3 |
| total shareholders funds | 93,600 | 51,430 | 34,233 | 29,818 | 19,617 | 3 |
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | |
|---|---|---|---|---|---|---|
| Operating Activities | ||||||
| Operating Profit | ||||||
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | ||||||
| Stock | 0 | 0 | 0 | 0 | -214,151 | 214,151 |
| Debtors | 53,304 | -76,763 | -2,096 | 16,052 | 311,035 | 46,852 |
| Creditors | 10,284 | -95,965 | -5,960 | 5,050 | 336,950 | 0 |
| Accruals and Deferred Income | 850 | 2,005 | -551 | 801 | 320 | 1,000 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | ||||||
| Investing Activities | ||||||
| capital expenditure | ||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | ||||||
| Financing Activities | ||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | -260,000 | 260,000 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||
| interest | ||||||
| cash flow from financing | ||||||
| cash and cash equivalents | ||||||
| cash | 0 | 0 | 0 | 0 | 0 | 0 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 0 | 0 | 0 | 0 | 0 | 0 |
blackbay developments limited Credit Report and Business Information
Blackbay Developments Limited Competitor Analysis
Perform a competitor analysis for blackbay developments limited by selecting its closest rivals and benchmarking them against 12 key performance metrics.
blackbay developments limited Ownership
BLACKBAY DEVELOPMENTS LIMITED group structure
Blackbay Developments Limited has no subsidiary companies.
Ultimate parent company
BLACKBAY DEVELOPMENTS LIMITED
NI644853
blackbay developments limited directors
Blackbay Developments Limited currently has 1 director, Mr Alan McDowell serving since Mar 2017.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Alan McDowell | United Kingdom | 68 years | Mar 2017 | - | Director |
P&L
March 2023turnover
1.1m
+24%
operating profit
52.1k
0%
gross margin
23%
+3.63%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2023net assets
93.6k
+0.82%
total assets
348.4k
+0.18%
cash
0
0%
net assets
Total assets minus all liabilities
Similar Companies
blackbay developments limited company details
company number
NI644853
Type
Private limited with Share Capital
industry
41100 - Development of building projects
68209 - Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.
68100 - Buying and selling of own real estate
incorporation date
March 2017
age
7
accounts
Micro-Entity Accounts
ultimate parent company
previous names
N/A
incorporated
UK
address
216-218 holywood road, belfast, BT4 1PD
last accounts submitted
March 2023
blackbay 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 blackbay developments limited.
blackbay developments limited Companies House Filings - See Documents
| date | description | view/download |
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