sealstown development ltd
sealstown development ltd Company Information
Company Number
NI675833
Website
-Registered Address
158 upper newtownards road, belfast, BT4 3EQ
Industry
Construction of domestic buildings
Telephone
-
Next Accounts Due
September 2024
Group Structure
View All
Shareholders
park road developments limited 100%
sealstown development ltd Estimated Valuation
Pomanda estimates the enterprise value of SEALSTOWN DEVELOPMENT LTD at £321k based on a Turnover of £873.5k and 0.37x industry multiple (adjusted for size and gross margin).
sealstown development ltd Estimated Valuation
Pomanda estimates the enterprise value of SEALSTOWN DEVELOPMENT LTD at £7.6m based on an EBITDA of £2.6m and a 2.98x industry multiple (adjusted for size and gross margin).
sealstown development ltd Estimated Valuation
Pomanda estimates the enterprise value of SEALSTOWN DEVELOPMENT LTD at £2.6m based on Net Assets of £2.1m and 1.26x industry multiple (adjusted for liquidity).
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Sealstown Development Ltd Overview
Sealstown Development Ltd is a live company located in belfast, BT4 3EQ with a Companies House number of NI675833. It operates in the construction of domestic buildings sector, SIC Code 41202. Founded in January 2021, it's largest shareholder is park road developments limited with a 100% stake. Sealstown Development Ltd is a startup, small sized company, Pomanda has estimated its turnover at £873.5k with unknown growth in recent years.
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Sealstown Development Ltd Health Check
Pomanda's financial health check has awarded Sealstown Development Ltd a 5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 2 areas for improvement. Company Health Check FAQs
5 Strong
2 Regular
2 Weak
Size
annual sales of £873.5k, make it larger than the average company (£625.9k)
- Sealstown Development Ltd
£625.9k - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Sealstown Development Ltd
- - Industry AVG
Production
with a gross margin of 20.1%, this company has a comparable cost of product (20.1%)
- Sealstown Development Ltd
20.1% - Industry AVG
Profitability
an operating margin of 293.7% make it more profitable than the average company (7.4%)
- Sealstown Development Ltd
7.4% - Industry AVG
Employees
with 3 employees, this is below the industry average (4)
3 - Sealstown Development Ltd
4 - Industry AVG
Pay Structure
on an average salary of £44.5k, the company has an equivalent pay structure (£44.5k)
- Sealstown Development Ltd
£44.5k - Industry AVG
Efficiency
resulting in sales per employee of £291.2k, this is more efficient (£226.8k)
- Sealstown Development Ltd
£226.8k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Sealstown Development Ltd
- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- Sealstown Development Ltd
- - Industry AVG
Stock Days
it holds stock equivalent to 470 days, this is more than average (231 days)
- Sealstown Development Ltd
231 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 52 weeks, this is more cash available to meet short term requirements (15 weeks)
52 weeks - Sealstown Development Ltd
15 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 31.2%, this is a lower level of debt than the average (71.4%)
31.2% - Sealstown Development Ltd
71.4% - Industry AVG
sealstown development ltd Credit Report and Business Information
Sealstown Development Ltd Competitor Analysis
Perform a competitor analysis for sealstown development ltd by selecting its closest rivals and benchmarking them against 12 key performance metrics.
sealstown development ltd Ownership
SEALSTOWN DEVELOPMENT LTD group structure
Sealstown Development Ltd has no subsidiary companies.
Ultimate parent company
SEALSTOWN DEVELOPMENT LTD
NI675833
sealstown development ltd directors
Sealstown Development Ltd currently has 3 directors. The longest serving directors include Mr John Stewart (Jan 2021) and Mr James Patterson (Jan 2021).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr John Stewart | United Kingdom | 60 years | Jan 2021 | - | Director |
| Mr James Patterson | Northern Ireland | 56 years | Jan 2021 | - | Director |
| Mr Nicholas Brown | Northern Ireland | 48 years | Jan 2021 | - | Director |
SEALSTOWN DEVELOPMENT LTD financials
Sealstown Development Ltd's latest turnover from December 2022 is estimated at £873.5 thousand and the company has net assets of £2.1 million. According to their latest financial statements, Sealstown Development Ltd has 3 employees and maintains cash reserves of £941.1 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2022 | Dec 2021 | |
|---|---|---|
| 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 | 3 | 3 |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2022 | Dec 2021 | |
|---|---|---|
| Tangible Assets | 11,200 | 0 |
| Intangible Assets | 0 | 0 |
| Investments & Other | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 |
| Total Fixed Assets | 11,200 | 0 |
| Stock & work in progress | 900,118 | 900,118 |
| Trade Debtors | 0 | 0 |
| Group Debtors | 1,139,953 | 0 |
| Misc Debtors | 22,093 | 0 |
| Cash | 941,094 | 85,709 |
| misc current assets | 1 | 0 |
| total current assets | 3,003,259 | 985,827 |
| total assets | 3,014,459 | 985,827 |
| Bank overdraft | 0 | 454,155 |
| Bank loan | 0 | 0 |
| Trade Creditors | 0 | 0 |
| Group/Directors Accounts | 516,666 | 516,666 |
| other short term finances | 0 | 0 |
| hp & lease commitments | 0 | 0 |
| other current liabilities | 422,465 | 15,000 |
| total current liabilities | 939,131 | 985,821 |
| loans | 0 | 0 |
| hp & lease commitments | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 |
| other liabilities | 0 | 0 |
| provisions | 0 | 0 |
| total long term liabilities | 0 | 0 |
| total liabilities | 939,131 | 985,821 |
| net assets | 2,075,328 | 6 |
| total shareholders funds | 2,075,328 | 6 |
| Dec 2022 | Dec 2021 | |
|---|---|---|
| Operating Activities | ||
| Operating Profit | ||
| Depreciation | 2,800 | 0 |
| Amortisation | 0 | 0 |
| Tax | ||
| Stock | 0 | 900,118 |
| Debtors | 1,162,046 | 0 |
| Creditors | 0 | 0 |
| Accruals and Deferred Income | 407,465 | 15,000 |
| Deferred Taxes & Provisions | 0 | 0 |
| Cash flow from operations | ||
| Investing Activities | ||
| capital expenditure | ||
| Change in Investments | 0 | 0 |
| cash flow from investments | ||
| Financing Activities | ||
| Bank loans | 0 | 0 |
| Group/Directors Accounts | 0 | 516,666 |
| Other Short Term Loans | 0 | 0 |
| Long term loans | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 |
| other long term liabilities | 0 | 0 |
| share issue | ||
| interest | ||
| cash flow from financing | ||
| cash and cash equivalents | ||
| cash | 855,385 | 85,709 |
| overdraft | -454,155 | 454,155 |
| change in cash | 1,309,540 | -368,446 |
P&L
December 2022turnover
873.5k
-6%
operating profit
2.6m
0%
gross margin
20.1%
+8.4%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2022net assets
2.1m
+345887%
total assets
3m
+2.06%
cash
941.1k
+9.98%
net assets
Total assets minus all liabilities
Similar Companies
sealstown development ltd company details
company number
NI675833
Type
Private limited with Share Capital
industry
41202 - Construction of domestic buildings
incorporation date
January 2021
age
3
accounts
Total Exemption Full
ultimate parent company
previous names
N/A
incorporated
UK
address
158 upper newtownards road, belfast, BT4 3EQ
last accounts submitted
December 2022
sealstown development ltd 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 sealstown development ltd. Currently there are 2 open charges and 0 have been satisfied in the past.
sealstown development ltd Companies House Filings - See Documents
| date | description | view/download |
|---|
