green forty development limited
green forty development limited Company Information
Company Number
SC422166
Website
gfdl.co.ukRegistered Address
60 constitution street, edinburgh, lothian, EH6 6RR
Industry
Specialised construction activities (other than scaffold erection) n.e.c.
Telephone
-
Next Accounts Due
February 2025
Group Structure
View All
Directors
Marc McElhinney12 Years
Shareholders
marc anthony mcelhinney 70%
ross findlay 30%
green forty development limited Estimated Valuation
Pomanda estimates the enterprise value of GREEN FORTY DEVELOPMENT LIMITED at £463.3k based on a Turnover of £1.5m and 0.31x industry multiple (adjusted for size and gross margin).
green forty development limited Estimated Valuation
Pomanda estimates the enterprise value of GREEN FORTY DEVELOPMENT LIMITED at £2.2m based on an EBITDA of £580.9k and a 3.81x industry multiple (adjusted for size and gross margin).
green forty development limited Estimated Valuation
Pomanda estimates the enterprise value of GREEN FORTY DEVELOPMENT LIMITED at £752.2k based on Net Assets of £386.9k and 1.94x industry multiple (adjusted for liquidity).
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Green Forty Development Limited Overview
Green Forty Development Limited is a live company located in lothian, EH6 6RR with a Companies House number of SC422166. It operates in the other specialised construction activities n.e.c. sector, SIC Code 43999. Founded in April 2012, it's largest shareholder is marc anthony mcelhinney with a 70% stake. Green Forty Development Limited is a established, small sized company, Pomanda has estimated its turnover at £1.5m with high growth in recent years.
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Green Forty Development Limited Health Check
Pomanda's financial health check has awarded Green Forty Development Limited a 3.5 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
3 Strong
2 Regular
6 Weak
Size
annual sales of £1.5m, make it smaller than the average company (£6m)
- Green Forty Development Limited
£6m - Industry AVG
Growth
3 year (CAGR) sales growth of 20%, show it is growing at a faster rate (6.7%)
- Green Forty Development Limited
6.7% - Industry AVG
Production
with a gross margin of 24%, this company has a comparable cost of product (24%)
- Green Forty Development Limited
24% - Industry AVG
Profitability
an operating margin of 39% make it more profitable than the average company (5.5%)
- Green Forty Development Limited
5.5% - Industry AVG
Employees
with 3 employees, this is below the industry average (29)
3 - Green Forty Development Limited
29 - Industry AVG
Pay Structure
on an average salary of £45.6k, the company has an equivalent pay structure (£45.6k)
- Green Forty Development Limited
£45.6k - Industry AVG
Efficiency
resulting in sales per employee of £495.4k, this is more efficient (£181.6k)
- Green Forty Development Limited
£181.6k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Green Forty Development Limited
- - Industry AVG
Creditor Days
its suppliers are paid after 5 days, this is quicker than average (38 days)
- Green Forty Development Limited
38 days - Industry AVG
Stock Days
it holds stock equivalent to 121 days, this is more than average (12 days)
- Green Forty Development Limited
12 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 9 weeks, this is less cash available to meet short term requirements (19 weeks)
9 weeks - Green Forty Development Limited
19 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 79.6%, this is a higher level of debt than the average (62.2%)
79.6% - Green Forty Development Limited
62.2% - Industry AVG
GREEN FORTY DEVELOPMENT LIMITED financials
Green Forty Development Limited's latest turnover from May 2023 is estimated at £1.5 million and the company has net assets of £386.9 thousand. According to their latest financial statements, Green Forty Development Limited has 3 employees and maintains cash reserves of £267.8 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| May 2023 | May 2022 | May 2021 | May 2020 | May 2018 | May 2017 | May 2016 | Apr 2015 | Apr 2014 | Apr 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|
| 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 | 3 | 7 | 7 | 8 | ||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| May 2023 | May 2022 | May 2021 | May 2020 | May 2018 | May 2017 | May 2016 | Apr 2015 | Apr 2014 | Apr 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 3,922 | 775 | 1,726 | 2,588 | 2,188 | 21,514 | 28,319 | 522 | 148 | 222 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 100 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 4,022 | 775 | 1,726 | 2,588 | 2,188 | 21,514 | 28,319 | 522 | 148 | 222 |
| Stock & work in progress | 375,000 | 1,000,000 | 1,000,000 | 250,000 | 500,000 | 500,000 | 120,000 | 41,000 | 0 | 32,536 |
| Trade Debtors | 0 | 0 | 2,626 | 7,200 | 370,753 | 304,634 | 166,474 | 12,393 | 619 | 1,952 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 1,245,427 | 803,597 | 645,928 | 473,602 | 330,015 | 57,646 | 251,588 | 149,407 | 31,171 | 206 |
| Cash | 267,808 | 3,020 | 17,404 | 7,891 | 3,558 | 36,648 | 194,932 | 17 | 0 | 0 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 1,888,235 | 1,806,617 | 1,665,958 | 738,693 | 1,204,326 | 898,928 | 732,994 | 202,817 | 31,790 | 34,694 |
| total assets | 1,892,257 | 1,807,392 | 1,667,684 | 741,281 | 1,206,514 | 920,442 | 761,313 | 203,339 | 31,938 | 34,916 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 18,135 | 140,466 | 95,626 | 23,109 | 36,431 | 23,895 | 129,392 | 226,857 | 45,853 | 18,084 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 31,171 | 0 |
| other short term finances | 0 | 0 | 0 | 338,863 | 220,393 | 220,393 | 220,393 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 1,487,176 | 1,718,803 | 1,486,312 | 753,850 | 537,978 | 319,997 | 247,258 | 0 | 0 | 0 |
| total current liabilities | 1,505,311 | 1,859,269 | 1,581,938 | 1,115,822 | 794,802 | 564,285 | 597,043 | 226,857 | 77,024 | 18,084 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 1,505,311 | 1,859,269 | 1,581,938 | 1,115,822 | 794,802 | 564,285 | 597,043 | 226,857 | 77,024 | 18,084 |
| net assets | 386,946 | -51,877 | 85,746 | -374,541 | 411,712 | 356,157 | 164,270 | -23,518 | -45,086 | 16,832 |
| total shareholders funds | 386,946 | -51,877 | 85,746 | -374,541 | 411,712 | 356,157 | 164,270 | -23,518 | -45,086 | 16,832 |
| May 2023 | May 2022 | May 2021 | May 2020 | May 2018 | May 2017 | May 2016 | Apr 2015 | Apr 2014 | Apr 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||
| Operating Profit | ||||||||||
| Depreciation | 1,933 | 394 | 862 | 1,275 | 1,053 | 7,689 | 8,037 | 260 | 74 | 111 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | ||||||||||
| Stock | -625,000 | 0 | 750,000 | 250,000 | 0 | 380,000 | 79,000 | 41,000 | -32,536 | 32,536 |
| Debtors | 441,830 | 155,043 | 167,752 | 480,802 | 338,488 | -55,782 | 256,262 | 130,010 | 29,632 | 2,158 |
| Creditors | -122,331 | 44,840 | 72,517 | 23,109 | 12,536 | -105,497 | -97,465 | 181,004 | 27,769 | 18,084 |
| Accruals and Deferred Income | -231,627 | 232,491 | 732,462 | 753,850 | 217,981 | 72,739 | 247,258 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | ||||||||||
| Investing Activities | ||||||||||
| capital expenditure | ||||||||||
| Change in Investments | 100 | 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 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -31,171 | 31,171 | 0 |
| Other Short Term Loans | 0 | 0 | -338,863 | 338,863 | 0 | 0 | 220,393 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||||||
| interest | ||||||||||
| cash flow from financing | ||||||||||
| cash and cash equivalents | ||||||||||
| cash | 264,788 | -14,384 | 9,513 | 7,891 | -33,090 | -158,284 | 194,915 | 17 | 0 | 0 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 264,788 | -14,384 | 9,513 | 7,891 | -33,090 | -158,284 | 194,915 | 17 | 0 | 0 |
green forty development limited Credit Report and Business Information
Green Forty Development Limited Competitor Analysis
Perform a competitor analysis for green forty development limited by selecting its closest rivals and benchmarking them against 12 key performance metrics.
green forty development limited Ownership
GREEN FORTY DEVELOPMENT LIMITED group structure
Green Forty Development Limited has no subsidiary companies.
Ultimate parent company
GREEN FORTY DEVELOPMENT LIMITED
SC422166
green forty development limited directors
Green Forty Development Limited currently has 1 director, Mr Marc McElhinney serving since Apr 2012.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Marc McElhinney | Scotland | 43 years | Apr 2012 | - | Director |
P&L
May 2023turnover
1.5m
-67%
operating profit
579k
0%
gross margin
24%
-2.26%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
May 2023net assets
386.9k
-8.46%
total assets
1.9m
+0.05%
cash
267.8k
+87.68%
net assets
Total assets minus all liabilities
green forty development limited company details
company number
SC422166
Type
Private limited with Share Capital
industry
43999 - Specialised construction activities (other than scaffold erection) n.e.c.
incorporation date
April 2012
age
12
accounts
Total Exemption Full
ultimate parent company
previous names
N/A
incorporated
UK
address
60 constitution street, edinburgh, lothian, EH6 6RR
last accounts submitted
May 2023
green forty development 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 green forty development limited.
green forty development limited Companies House Filings - See Documents
| date | description | view/download |
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