Pomanda estimates the enterprise value of KINGLASSIE DEVELOPMENTS LIMITED at £162.9k based on a Turnover of £501.9k and 0.32x industry multiple (adjusted for size and gross margin).
Pomanda estimates the enterprise value of KINGLASSIE DEVELOPMENTS LIMITED at £0 based on an EBITDA of £-23.7k and a 2.48x industry multiple (adjusted for size and gross margin).
Pomanda estimates the enterprise value of KINGLASSIE DEVELOPMENTS LIMITED at £0 based on Net Assets of £-3.3k and 1.39x industry multiple (adjusted for liquidity).
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Kinglassie Developments LimitedOverview
Kinglassie Developments Limited is a live company located in midlothian, EH22 1DS with a Companies House number of SC217150. It operates in the development of building projects sector, SIC Code 41100. Founded in March 2001, it's largest shareholder is
john cresser forsyth
with a 100% stake. Kinglassie Developments Limited is a mature,
small sized company, Pomanda has estimated its turnover at
£501.9k with
declining
growth in recent years.
Pomanda's financial health check has awarded Kinglassie Developments Limited a 2.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 6 areas for improvement. Company Health Check FAQs
Health Rating2.5out of 5
3 Strong
1 Regular
6 Weak
Size
annual sales of £501.9k, make it smaller than the average company (£2.3m)
£501.9k - Kinglassie Developments Limited
£2.3m - Industry AVG
Growth
3 year (CAGR) sales growth of -27%, show it is growing at a slower rate (6%)
-27% - Kinglassie Developments Limited
6% - Industry AVG
Production
with a gross margin of 9.1%, this company has a higher cost of product (26.2%)
9.1% - Kinglassie Developments Limited
26.2% - Industry AVG
Profitability
an operating margin of -4.7% make it less profitable than the average company (7.5%)
-4.7% - Kinglassie Developments Limited
7.5% - Industry AVG
Employees
with 1 employees, this is below the industry average (6)
1 - Kinglassie Developments Limited
6 - Industry AVG
Pay Structure
on an average salary of £48.3k, the company has an equivalent pay structure (£48.3k)
£48.3k - Kinglassie Developments Limited
£48.3k - Industry AVG
Efficiency
resulting in sales per employee of £501.9k, this is more efficient (£278.4k)
£501.9k - Kinglassie Developments Limited
£278.4k - Industry AVG
Debtor Days
it gets paid by customers after 5 days, this is earlier than average (27 days)
5 days - Kinglassie Developments Limited
27 days - Industry AVG
Creditor Days
its suppliers are paid after 204 days, this is slower than average (31 days)
204 days - Kinglassie Developments Limited
31 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Kinglassie Developments Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Kinglassie Developments Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 101.2%, this is a higher level of debt than the average (73.8%)
101.2% - Kinglassie Developments Limited
73.8% - Industry AVG
KINGLASSIE DEVELOPMENTS LIMITED financials
EXPORT
Kinglassie Developments Limited's latest turnover from March 2024 is estimated at £501.9 thousand and the company has net assets of -£3.3 thousand. According to their latest financial statements, we estimate that Kinglassie Developments Limited has 1 employee and maintains cash reserves of 0 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
Mar 2015
Mar 2014
Mar 2013
Mar 2012
Mar 2011
Mar 2010
Turnover
501,866
602,925
1,499,935
1,309,404
3,159,299
2,403,783
1,921,263
1,800,162
597,893
629,567
644,871
508,843
404,631
24,007
19,582
Other Income Or Grants
Cost Of Sales
456,260
546,368
1,368,934
1,192,706
2,836,932
2,149,657
1,711,909
1,590,018
531,931
560,733
574,215
454,696
364,385
21,532
17,629
Gross Profit
45,606
56,557
131,001
116,697
322,366
254,126
209,354
210,144
65,962
68,834
70,657
54,147
40,246
2,475
1,953
Admin Expenses
69,332
23,532
-83,480
112,234
324,080
250,322
206,479
207,548
67,918
58,824
66,803
38,831
35,919
-3,112
169,573
Operating Profit
-23,726
33,025
214,481
4,463
-1,714
3,804
2,875
2,596
-1,956
10,010
3,854
15,316
4,327
5,587
-167,620
Interest Payable
4,907
11,407
15,275
8,775
8,775
8,775
Interest Receivable
30
4
3
9
10
6
1
1
Pre-Tax Profit
-23,726
33,025
214,511
4,467
-1,714
3,804
2,875
2,599
-1,947
5,113
-7,547
41
-4,448
-3,187
-176,394
Tax
-6,275
-40,757
-849
-723
-546
-520
-1,074
-10
Profit After Tax
-23,726
26,750
173,754
3,618
-1,714
3,081
2,329
2,079
-1,947
4,039
-7,547
31
-4,448
-3,187
-176,394
Dividends Paid
Retained Profit
-23,726
26,750
173,754
3,618
-1,714
3,081
2,329
2,079
-1,947
4,039
-7,547
31
-4,448
-3,187
-176,394
Employee Costs
48,276
45,947
133,359
129,816
217,104
170,022
126,503
124,092
40,024
38,216
36,684
35,687
34,927
34,005
33,720
Number Of Employees
1
1
3
3
5
4
3
3
1
1
1
1
1
1
1
EBITDA*
-23,726
33,025
214,496
4,463
-1,714
3,804
2,875
2,596
-1,872
10,122
4,002
16,580
5,613
6,902
-165,785
* 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
Mar 2015
Mar 2014
Mar 2013
Mar 2012
Mar 2011
Mar 2010
Tangible Assets
256,097
326,096
441,141
1,156
80
106
141
188
250
334
446
193
1,457
2,743
5,508
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
256,097
326,096
441,141
1,156
80
106
141
188
250
334
446
193
1,457
2,743
5,508
Stock & work in progress
716,322
393,425
392,330
387,723
372,483
372,483
372,034
354,115
Trade Debtors
6,961
6,161
152,580
5,559
673,731
529,641
417,767
396,338
965
7,447
316
197
77
713
160
Group Debtors
Misc Debtors
1,699
2,124
2,549
3,398
4,225
Cash
7,937
2,040
1,588
2,355
25
25
279
misc current assets
882
360
total current assets
8,660
8,285
155,129
729,818
677,129
533,866
418,649
396,698
396,430
401,365
390,394
372,680
372,585
372,772
354,554
total assets
264,757
334,381
596,270
730,974
677,209
533,972
418,790
396,886
396,680
401,699
390,840
372,873
374,042
375,515
360,062
Bank overdraft
Bank loan
Trade Creditors
255,567
296,292
581,735
787,732
728,098
577,943
461,873
438,179
437,530
437,059
431,405
356,869
288,069
6,646
3,714
Group/Directors Accounts
278,448
262,740
other short term finances
hp & lease commitments
other current liabilities
total current liabilities
255,567
296,292
581,735
787,732
728,098
577,943
461,873
438,179
437,530
437,059
431,405
356,869
288,069
285,094
266,454
loans
150,978
200,000
270,000
270,000
hp & lease commitments
Accruals and Deferred Income
3,038
1,734
675
1,689
1,505
1,505
1,436
other liabilities
123,300
131,100
136,488
140,457
144,645
148,601
152,144
270,000
provisions
9,434
15,911
20,166
total long term liabilities
12,472
17,645
20,841
123,300
132,789
137,993
141,962
146,081
148,601
152,144
150,978
200,000
270,000
270,000
270,000
total liabilities
268,039
313,937
602,576
911,032
860,887
715,936
603,835
584,260
586,131
589,203
582,383
556,869
558,069
555,094
536,454
net assets
-3,282
20,444
-6,306
-180,058
-183,678
-181,964
-185,045
-187,374
-189,451
-187,504
-191,543
-183,996
-184,027
-179,579
-176,392
total shareholders funds
-3,282
20,444
-6,306
-180,058
-183,678
-181,964
-185,045
-187,374
-189,451
-187,504
-191,543
-183,996
-184,027
-179,579
-176,392
Mar 2024
Mar 2023
Mar 2022
Mar 2021
Mar 2020
Mar 2019
Mar 2018
Mar 2017
Mar 2016
Mar 2015
Mar 2014
Mar 2013
Mar 2012
Mar 2011
Mar 2010
Operating Activities
Operating Profit
-23,726
33,025
214,481
4,463
-1,714
3,804
2,875
2,596
-1,956
10,010
3,854
15,316
4,327
5,587
-167,620
Depreciation
15
84
112
148
1,264
1,286
1,315
1,835
Amortisation
Tax
-6,275
-40,757
-849
-723
-546
-520
-1,074
-10
Stock
-716,322
716,322
-393,425
1,095
4,607
15,240
449
17,919
354,115
Debtors
375
-146,844
149,570
-671,570
143,263
116,099
21,429
395,373
-6,482
7,131
119
120
-636
553
160
Creditors
-40,725
-285,443
-205,997
59,634
150,155
116,070
23,694
649
471
5,654
74,536
68,800
281,423
2,932
3,714
Accruals and Deferred Income
1,304
1,059
675
-1,689
184
69
1,436
Deferred Taxes & Provisions
-6,477
-4,255
20,166
Cash flow from operations
-69,999
-115,045
555,335
16,807
5,362
3,052
4,663
2,213
3,986
2,964
63,179
85,250
287,223
-8,638
-516,346
Investing Activities
capital expenditure
69,999
115,045
-440,000
-1,076
26
35
47
62
-401
1,450
-7,343
Change in Investments
cash flow from investments
69,999
115,045
-440,000
-1,076
26
35
47
62
-401
1,450
-7,343
Financing Activities
Bank loans
Group/Directors Accounts
-278,448
15,708
262,740
Other Short Term Loans
Long term loans
-150,978
-49,022
-70,000
270,000
-270,000
270,000
Hire Purchase and Lease Commitments
other long term liabilities
-123,300
-7,800
-5,388
-3,969
-4,188
-3,956
-3,543
152,144
-270,000
270,000
share issue
-2
2
-2
2
interest
30
4
3
9
-4,897
-11,401
-15,275
-8,775
-8,774
-8,774
cash flow from financing
-123,272
-7,794
-5,388
-3,969
-4,188
-3,955
-3,534
-3,731
-60,423
-85,275
-287,223
6,934
523,968
cash and cash equivalents
cash
-7,937
7,937
-2,040
452
-767
2,355
-25
-254
279
overdraft
change in cash
-7,937
7,937
-2,040
452
-767
2,355
-25
-254
279
kinglassie developments limited Credit Report and Business Information
Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
Get a comprehensive credit check for kinglassie developments limited. Get real-time insights into kinglassie developments limited's credit score, group structure and payment trends.
Perform a competitor analysis for kinglassie developments limited by selecting its closest rivals, whether from the CONSTRUCTION sector, other small companies, companies in EH22 area or any other competitors across 12 key performance metrics.
kinglassie developments limited Ownership
KINGLASSIE DEVELOPMENTS LIMITED group structure
Kinglassie Developments Limited has no subsidiary companies.
Ultimate parent company
KINGLASSIE DEVELOPMENTS LIMITED
SC217150
KINGLASSIE DEVELOPMENTS LIMITED Shareholders
The sole shareholder of Kinglassie Developments Limited is John Cresser Forsyth.
john cresser forsyth
100%
kinglassie developments limited directors
Kinglassie Developments Limited currently has 1 director, Mr John Forsyth serving since Apr 2001.
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 3 charges/mortgages relating to kinglassie developments limited. Currently there are 1 open charges and 2 have been satisfied in the past.
kinglassie developments 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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kinglassie developments limitedCompanies House Filings - See Documents
