argyll developments (scotland) limited
argyll developments (scotland) limited Company Information
Company Number
SC284975
Next Accounts
Feb 2026
Shareholders
tulloch homes group limited
Group Structure
View All
Industry
Construction of domestic buildings
Registered Address
alexander fleming house, 8 southfield drive, elgin, morayshire, IV30 6GR
argyll developments (scotland) limited Estimated Valuation
Pomanda estimates the enterprise value of ARGYLL DEVELOPMENTS (SCOTLAND) LIMITED at £1.4m based on a Turnover of £3.1m and 0.44x industry multiple (adjusted for size and gross margin).
argyll developments (scotland) limited Estimated Valuation
Pomanda estimates the enterprise value of ARGYLL DEVELOPMENTS (SCOTLAND) LIMITED at £1.6m based on an EBITDA of £416.4k and a 3.76x industry multiple (adjusted for size and gross margin).
argyll developments (scotland) limited Estimated Valuation
Pomanda estimates the enterprise value of ARGYLL DEVELOPMENTS (SCOTLAND) LIMITED at £9.9m based on Net Assets of £7.2m and 1.39x industry multiple (adjusted for liquidity).
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Argyll Developments (scotland) Limited Overview
Argyll Developments (scotland) Limited is a live company located in elgin, IV30 6GR with a Companies House number of SC284975. It operates in the construction of domestic buildings sector, SIC Code 41202. Founded in May 2005, it's largest shareholder is tulloch homes group limited with a 100% stake. Argyll Developments (scotland) Limited is a mature, small sized company, Pomanda has estimated its turnover at £3.1m with declining growth in recent years.
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Argyll Developments (scotland) Limited Health Check
Pomanda's financial health check has awarded Argyll Developments (Scotland) Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 1 areas for improvement. Company Health Check FAQs
3 Strong
3 Regular
1 Weak
Size
annual sales of £3.1m, make it larger than the average company (£377.3k)
£3.1m - Argyll Developments (scotland) Limited
£377.3k - Industry AVG
Growth
3 year (CAGR) sales growth of -27%, show it is growing at a slower rate (10.2%)
-27% - Argyll Developments (scotland) Limited
10.2% - Industry AVG
Production
with a gross margin of 21.7%, this company has a comparable cost of product (20.7%)
21.7% - Argyll Developments (scotland) Limited
20.7% - Industry AVG
Profitability
an operating margin of 13.6% make it more profitable than the average company (4.7%)
13.6% - Argyll Developments (scotland) Limited
4.7% - Industry AVG
Employees
with 18 employees, this is above the industry average (3)
- Argyll Developments (scotland) Limited
3 - Industry AVG
Pay Structure
There is insufficient data available for this Key Performance Indicator!
- Argyll Developments (scotland) Limited
- - Industry AVG
Efficiency
resulting in sales per employee of £170.4k, this is equally as efficient (£175.5k)
- Argyll Developments (scotland) Limited
£175.5k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- - Argyll Developments (scotland) Limited
- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- - Argyll Developments (scotland) Limited
- - Industry AVG
Stock Days
it holds stock equivalent to 291 days, this is in line with average (277 days)
291 days - Argyll Developments (scotland) Limited
277 days - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Argyll Developments (scotland) Limited
- - Industry AVG
Debt Level
There is insufficient data available for this Key Performance Indicator!
- - Argyll Developments (scotland) Limited
- - Industry AVG
ARGYLL DEVELOPMENTS (SCOTLAND) LIMITED financials
Argyll Developments (Scotland) Limited's latest turnover from May 2024 is £3.1 million and the company has net assets of £7.2 million. According to their latest financial statements, we estimate that Argyll Developments (Scotland) Limited has 18 employees and maintains cash reserves of £3.8 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| May 2024 | May 2023 | May 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Jun 2018 | Jun 2017 | Jun 2016 | Jun 2015 | Jun 2014 | Jun 2013 | Jun 2012 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 3,066,398 | 14,528,391 | 13,341,413 | 7,980,000 | 180,158 | 169,560 | 319,850 | 1,032,267 | 22,208 | ||||||
| Other Income Or Grants | |||||||||||||||
| Cost Of Sales | 2,402,636 | 11,331,900 | 10,488,908 | 6,280,000 | 318,000 | -502,000 | 20,000 | 1,446,883 | 222,340 | 358,453 | 1,064,103 | 37,454 | |||
| Gross Profit | 663,762 | 3,196,491 | 2,852,505 | 1,700,000 | -318,000 | 502,000 | -20,000 | -1,266,725 | -52,780 | -38,603 | -31,836 | -15,246 | |||
| Admin Expenses | 247,358 | 1,313,297 | 23 | 408 | 4,299 | 52,529 | 57,620 | -2,880,185 | |||||||
| Operating Profit | 416,404 | 1,883,194 | 2,852,482 | -318,000 | 502,000 | -20,000 | -1,267,133 | -57,079 | -91,132 | -89,456 | 2,864,939 | ||||
| Interest Payable | 254,031 | 166,035 | 279,830 | ||||||||||||
| Interest Receivable | 2,000 | 5,000 | |||||||||||||
| Pre-Tax Profit | 416,404 | 1,883,194 | 2,852,482 | 1,700,000 | 2,000 | -318,000 | 507,000 | -20,000 | -1,267,133 | -57,079 | -345,163 | -255,491 | 2,585,109 | ||
| Tax | 956 | -436,931 | -679,901 | 926,000 | 3,623 | ||||||||||
| Profit After Tax | 417,360 | 1,446,263 | 2,172,581 | 2,626,000 | 2,000 | -318,000 | 507,000 | -20,000 | -1,267,133 | -57,079 | -345,163 | -251,868 | 2,585,109 | ||
| Dividends Paid | |||||||||||||||
| Retained Profit | 417,360 | 1,446,263 | 2,172,581 | 2,626,000 | 2,000 | -318,000 | 507,000 | -20,000 | -1,267,133 | -57,079 | -345,163 | -251,868 | 2,585,109 | ||
| Employee Costs | |||||||||||||||
| Number Of Employees | 2 | 1 | 1 | 1 | 2 | 2 | |||||||||
| EBITDA* | 416,404 | 1,883,194 | 2,852,482 | -318,000 | 502,000 | -20,000 | -1,267,133 | -57,079 | -91,132 | -89,456 | 2,864,939 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| May 2024 | May 2023 | May 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Jun 2018 | Jun 2017 | Jun 2016 | Jun 2015 | Jun 2014 | Jun 2013 | Jun 2012 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | |||||||||||||||
| Intangible Assets | |||||||||||||||
| Investments & Other | |||||||||||||||
| Debtors (Due After 1 year) | |||||||||||||||
| Total Fixed Assets | |||||||||||||||
| Stock & work in progress | 1,921,379 | 4,044,870 | 9,261,234 | 11,065,000 | 12,584,000 | 6,875,000 | 1,189,000 | 1,507,000 | 1,439,000 | 930,000 | 930,401 | 2,328,180 | 2,463,288 | 2,749,880 | 3,559,690 |
| Trade Debtors | 270 | ||||||||||||||
| Group Debtors | 5,240,525 | 2,731,489 | |||||||||||||
| Misc Debtors | 6,000 | 1,000 | 5,057 | 520 | 11,516 | 828 | |||||||||
| Cash | 3,825 | 323 | 1,134,029 | 1,772,000 | 662,000 | 101,000 | 3,000 | 3,000 | 15,000 | 10,000 | 11,590 | 175,260 | 168,850 | ||
| misc current assets | |||||||||||||||
| total current assets | 7,165,729 | 6,776,682 | 10,641,238 | 13,763,000 | 13,246,000 | 6,982,000 | 1,192,000 | 1,510,000 | 1,455,000 | 940,000 | 947,048 | 2,503,440 | 2,464,078 | 2,930,246 | 3,560,518 |
| total assets | 7,165,729 | 6,776,682 | 10,641,238 | 13,763,000 | 13,246,000 | 6,982,000 | 1,192,000 | 1,510,000 | 1,455,000 | 940,000 | 947,048 | 2,503,440 | 2,464,078 | 2,930,246 | 3,560,518 |
| Bank overdraft | 11,759 | 6,224,745 | 6,929,806 | ||||||||||||
| Bank loan | |||||||||||||||
| Trade Creditors | 27,357 | 1,610,761 | 721,000 | 80,000 | 53,000 | 8,000 | 834 | 24,743 | 1,959 | 58,133 | 56,093 | ||||
| Group/Directors Accounts | 12,663,000 | 6,646,000 | 911,000 | 911,000 | 911,000 | 911,000 | 896,655 | 2,332,525 | 2,326,589 | 390,364 | 57,375 | ||||
| other short term finances | |||||||||||||||
| hp & lease commitments | |||||||||||||||
| other current liabilities | 3,728,371 | 9,913,000 | 79,480 | 12,070 | 20,442 | ||||||||||
| total current liabilities | 27,357 | 5,339,132 | 10,634,000 | 12,743,000 | 6,699,000 | 911,000 | 911,000 | 919,000 | 911,000 | 897,489 | 2,436,748 | 2,340,307 | 6,685,312 | 7,063,716 | |
| loans | |||||||||||||||
| hp & lease commitments | |||||||||||||||
| Accruals and Deferred Income | |||||||||||||||
| other liabilities | |||||||||||||||
| provisions | 1,912 | ||||||||||||||
| total long term liabilities | 956 | ||||||||||||||
| total liabilities | 28,313 | 5,339,132 | 10,634,000 | 12,743,000 | 6,699,000 | 911,000 | 911,000 | 919,000 | 911,000 | 897,489 | 2,436,748 | 2,340,307 | 6,685,312 | 7,063,716 | |
| net assets | 7,165,729 | 6,748,369 | 5,302,106 | 3,129,000 | 503,000 | 283,000 | 281,000 | 599,000 | 536,000 | 29,000 | 49,559 | 66,692 | 123,771 | -3,755,066 | -3,503,198 |
| total shareholders funds | 7,165,729 | 6,748,369 | 5,302,106 | 3,129,000 | 503,000 | 283,000 | 281,000 | 599,000 | 536,000 | 29,000 | 49,559 | 66,692 | 123,771 | -3,755,066 | -3,503,198 |
| May 2024 | May 2023 | May 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Jun 2018 | Jun 2017 | Jun 2016 | Jun 2015 | Jun 2014 | Jun 2013 | Jun 2012 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | 416,404 | 1,883,194 | 2,852,482 | -318,000 | 502,000 | -20,000 | -1,267,133 | -57,079 | -91,132 | -89,456 | 2,864,939 | ||||
| Depreciation | |||||||||||||||
| Amortisation | |||||||||||||||
| Tax | 956 | -436,931 | -679,901 | 926,000 | 3,623 | ||||||||||
| Stock | -2,123,491 | -5,216,364 | -1,803,766 | -1,519,000 | 5,709,000 | 5,686,000 | -318,000 | 68,000 | 509,000 | -401 | -1,397,779 | -135,108 | 2,463,288 | -809,810 | 3,559,690 |
| Debtors | 2,509,036 | 2,731,489 | -6,000 | 6,000 | -1,000 | 1,000 | -5,057 | 5,057 | -790 | 790 | 10,688 | 828 | |||
| Creditors | -27,357 | -1,583,404 | 889,761 | 641,000 | 27,000 | 53,000 | -8,000 | 8,000 | -834 | -23,909 | 22,784 | 1,959 | 2,040 | 56,093 | |
| Accruals and Deferred Income | -3,728,371 | -6,184,629 | 9,913,000 | -79,480 | 79,480 | -8,372 | 20,442 | ||||||||
| Deferred Taxes & Provisions | -1,912 | 1,912 | |||||||||||||
| Cash flow from operations | 2,546 | -1,378,725 | -1,318,521 | -5,639,000 | -15,376 | 22,200 | 181,083 | -2,553,251 | 706,957 | -619,044 | |||||
| Investing Activities | |||||||||||||||
| capital expenditure | |||||||||||||||
| Change in Investments | |||||||||||||||
| cash flow from investments | |||||||||||||||
| Financing Activities | |||||||||||||||
| Bank loans | |||||||||||||||
| Group/Directors Accounts | -12,663,000 | 6,017,000 | 5,735,000 | 14,345 | -1,435,870 | 5,936 | 2,326,589 | 332,989 | 57,375 | ||||||
| Other Short Term Loans | |||||||||||||||
| Long term loans | |||||||||||||||
| Hire Purchase and Lease Commitments | |||||||||||||||
| other long term liabilities | |||||||||||||||
| share issue | |||||||||||||||
| interest | 2,000 | 5,000 | -254,031 | -166,035 | -279,830 | ||||||||||
| cash flow from financing | 525 | -12,663,000 | 5,737,000 | 5,000 | 13,786 | -185,870 | 5,936 | 2,541,492 | 166,954 | -6,310,762 | |||||
| cash and cash equivalents | |||||||||||||||
| cash | 3,502 | -1,133,706 | -637,971 | 1,110,000 | 561,000 | 98,000 | -12,000 | 5,000 | -1,590 | -163,670 | 175,260 | 168,850 | |||
| overdraft | -11,759 | 11,759 | -705,061 | 6,929,806 | |||||||||||
| change in cash | 3,502 | -1,133,706 | -637,971 | 1,110,000 | 561,000 | 98,000 | -12,000 | 5,000 | -1,590 | -163,670 | 187,019 | -11,759 | 873,911 | -6,929,806 |
argyll developments (scotland) limited Credit Report and Business Information
Argyll Developments (scotland) Limited Competitor Analysis
Perform a competitor analysis for argyll developments (scotland) limited by selecting its closest rivals, whether from the CONSTRUCTION sector, other small companies, companies in IV30 area or any other competitors across 12 key performance metrics.
argyll developments (scotland) limited Ownership
ARGYLL DEVELOPMENTS (SCOTLAND) LIMITED group structure
Argyll Developments (Scotland) Limited has 1 subsidiary company.
Ultimate parent company
2 parents
ARGYLL DEVELOPMENTS (SCOTLAND) LIMITED
SC284975
1 subsidiary
argyll developments (scotland) limited directors
Argyll Developments (Scotland) Limited currently has 5 directors. The longest serving directors include Mr Alexander Adam (Dec 2021) and Mr Alexander Adam (Dec 2021).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Alexander Adam | Scotland | 68 years | Dec 2021 | - | Director |
| Mr Alexander Adam | Scotland | 68 years | Dec 2021 | - | Director |
| Mr Innes Smith | Scotland | 54 years | Dec 2021 | - | Director |
| Mr Iain Logan | Scotland | 51 years | Aug 2023 | - | Director |
| Mr Kieran Graham | Scotland | 35 years | Feb 2025 | - | Director |
P&L
May 2024turnover
3.1m
-79%
operating profit
416.4k
-78%
gross margin
21.7%
-1.62%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
May 2024net assets
7.2m
+0.06%
total assets
7.2m
+0.06%
cash
3.8k
+10.84%
net assets
Total assets minus all liabilities
argyll developments (scotland) limited company details
company number
SC284975
Type
Private limited with Share Capital
industry
41202 - Construction of domestic buildings
incorporation date
May 2005
age
20
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
May 2024
previous names
inverburn homes limited (March 2010)
accountant
-
auditor
BDO LLP
address
alexander fleming house, 8 southfield drive, elgin, morayshire, IV30 6GR
Bank
BANK OF SCOTLAND
Legal Advisor
-
argyll developments (scotland) 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 found 25 charges/mortgages relating to argyll developments (scotland) limited. Currently there are 5 open charges and 20 have been satisfied in the past.
argyll developments (scotland) 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 ARGYLL DEVELOPMENTS (SCOTLAND) LIMITED. This can take several minutes, an email will notify you when this has completed.
argyll developments (scotland) limited Companies House Filings - See Documents
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