east lothian developments limited
east lothian developments limited Company Information
Company Number
SC435221
Website
-Registered Address
fourth floor, 68-70 george street, edinburgh, midlothian, EH2 2LR
Industry
Development of building projects
Telephone
-
Next Accounts Due
March 2025
Group Structure
View All
Shareholders
highland & universal securities limited 84%
si 2016 limited 7.7%
View Alleast lothian developments limited Estimated Valuation
The estimated valuation range for east lothian developments limited, derived from financial data as of June 2023 and the most recent industry multiples, is between £0 to £1.8m
east lothian developments limited Estimated Valuation
The estimated valuation range for east lothian developments limited, derived from financial data as of June 2023 and the most recent industry multiples, is between £0 to £1.8m
east lothian developments limited Estimated Valuation
The estimated valuation range for east lothian developments limited, derived from financial data as of June 2023 and the most recent industry multiples, is between £0 to £1.8m
Get a detailed valuation report, edit figures and unlock valuation multiples.
East Lothian Developments Limited AI Business Plan
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East Lothian Developments Limited Overview
East Lothian Developments Limited is a live company located in edinburgh, EH2 2LR with a Companies House number of SC435221. It operates in the development of building projects sector, SIC Code 41100. Founded in October 2012, it's largest shareholder is highland & universal securities limited with a 84% stake. East Lothian Developments Limited is a established, small sized company, Pomanda has estimated its turnover at £3.3m with declining growth in recent years.
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East Lothian Developments Limited Health Check
Pomanda's financial health check has awarded East Lothian Developments Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 7 areas for improvement. Company Health Check FAQs
3 Strong
2 Regular
7 Weak
Size
annual sales of £3.3m, make it larger than the average company (£2.3m)
- East Lothian Developments Limited
£2.3m - Industry AVG
Growth
3 year (CAGR) sales growth of -24%, show it is growing at a slower rate (2.8%)
- East Lothian Developments Limited
2.8% - Industry AVG
Production
with a gross margin of 25.7%, this company has a comparable cost of product (25.7%)
- East Lothian Developments Limited
25.7% - Industry AVG
Profitability
an operating margin of -2.5% make it less profitable than the average company (7%)
- East Lothian Developments Limited
7% - Industry AVG
Employees
with 3 employees, this is below the industry average (6)
3 - East Lothian Developments Limited
6 - Industry AVG
Pay Structure
on an average salary of £48.5k, the company has an equivalent pay structure (£48.5k)
- East Lothian Developments Limited
£48.5k - Industry AVG
Efficiency
resulting in sales per employee of £1.1m, this is more efficient (£299.1k)
- East Lothian Developments Limited
£299.1k - Industry AVG
Debtor Days
it gets paid by customers after 64 days, this is later than average (27 days)
- East Lothian Developments Limited
27 days - Industry AVG
Creditor Days
its suppliers are paid after 0 days, this is quicker than average (30 days)
- East Lothian Developments Limited
30 days - Industry AVG
Stock Days
it holds stock equivalent to 453 days, this is more than average (181 days)
- East Lothian Developments Limited
181 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (12 weeks)
0 weeks - East Lothian Developments Limited
12 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 63.9%, this is a lower level of debt than the average (74.3%)
63.9% - East Lothian Developments Limited
74.3% - Industry AVG
east lothian developments limited Credit Report and Business Information
East Lothian Developments Limited Competitor Analysis
Perform a competitor analysis for east lothian developments limited by selecting its closest rivals and benchmarking them against 12 key performance metrics.
east lothian developments limited Ownership
EAST LOTHIAN DEVELOPMENTS LIMITED group structure
East Lothian Developments Limited has no subsidiary companies.
Ultimate parent company
2 parents
EAST LOTHIAN DEVELOPMENTS LIMITED
SC435221
east lothian developments limited directors
East Lothian Developments Limited currently has 2 directors. The longest serving directors include Mr Calum Cusiter (Nov 2013) and Mr Scott MacKenzie (Aug 2020).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Calum Cusiter | 43 years | Nov 2013 | - | Director | |
| Mr Scott MacKenzie | United Kingdom | 34 years | Aug 2020 | - | Director |
EAST LOTHIAN DEVELOPMENTS LIMITED financials
East Lothian Developments Limited's latest turnover from June 2023 is estimated at £3.3 million and the company has net assets of £1.4 million. According to their latest financial statements, East Lothian Developments Limited has 3 employees and maintains cash reserves of £9 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 0 | |||||||||
| Other Income Or Grants | ||||||||||
| Cost Of Sales | ||||||||||
| Gross Profit | ||||||||||
| Admin Expenses | ||||||||||
| Operating Profit | -6,000 | |||||||||
| Interest Payable | 0 | |||||||||
| Interest Receivable | 0 | |||||||||
| Pre-Tax Profit | -6,000 | |||||||||
| Tax | 0 | |||||||||
| Profit After Tax | -6,000 | |||||||||
| Dividends Paid | 0 | |||||||||
| Retained Profit | -6,000 | |||||||||
| Employee Costs | 0 | |||||||||
| Number Of Employees | 3 | 2 | 2 | 4 | 4 | 4 | 4 | |||
| EBITDA* | -6,000 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Stock & work in progress | 3,017,470 | 3,681,318 | 4,246,122 | 21,071,340 | 29,101,580 | 26,387,552 | 23,325,507 | 11,900,130 | 8,101,411 | 6,224,354 |
| Trade Debtors | 576,163 | 0 | 34,235 | 0 | 0 | 500,000 | 0 | 0 | 34,171 | 751,003 |
| Group Debtors | 0 | 0 | 0 | 2,000,000 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 242,357 | 88,371 | 352,074 | 7,695,034 | 268,688 | 0 | 105,888 | 69,896 | 0 | 0 |
| Cash | 8,950 | 911,498 | 467,484 | 3,212 | 9,645 | 4,276,540 | 243,494 | 27,739 | 9,359 | 110,319 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 3,844,940 | 4,681,187 | 5,099,915 | 30,769,586 | 29,379,913 | 31,164,092 | 23,674,889 | 11,997,765 | 8,144,941 | 7,085,676 |
| total assets | 3,844,940 | 4,681,187 | 5,099,915 | 30,769,586 | 29,379,913 | 31,164,092 | 23,674,889 | 11,997,765 | 8,144,941 | 7,085,676 |
| 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 | 110 | 38,930 | 456,999 | 91,573 | 620,315 | 97,469 | 465,894 | 520,497 | 99,859 | 1,684,601 |
| Group/Directors Accounts | 1,975,965 | 1,484,340 | 1,075,000 | 3,908,918 | 5,044,106 | 13,459,124 | 19,563,848 | 2,050,678 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 13,446,407 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 403,943 | 1,638,800 | 2,026,005 | 11,176,118 | 1,536,975 | 6,086,493 | 54,428 | 30,850 | 0 | 0 |
| total current liabilities | 2,380,018 | 3,162,070 | 3,558,004 | 28,623,016 | 7,201,396 | 19,643,086 | 20,084,170 | 2,602,025 | 99,859 | 1,684,601 |
| loans | 0 | 0 | 0 | 0 | 17,500,000 | 0 | 0 | 5,817,155 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 76,000 | 180,000 | 3,284,529 | 3,363,849 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 223,535 | 6,416,934 | 3,750,000 |
| provisions | 76,351 | 72,684 | 95,895 | 119,106 | 153,922 | 175,912 | 199,103 | 0 | 0 | 0 |
| total long term liabilities | 76,351 | 72,684 | 171,895 | 299,106 | 20,938,451 | 3,539,761 | 199,103 | 6,040,690 | 6,416,934 | 3,750,000 |
| total liabilities | 2,456,369 | 3,234,754 | 3,729,899 | 28,922,122 | 28,139,847 | 23,182,847 | 20,283,273 | 8,642,715 | 6,516,793 | 5,434,601 |
| net assets | 1,388,571 | 1,446,433 | 1,370,016 | 1,847,464 | 1,240,066 | 7,981,245 | 3,391,616 | 3,355,050 | 1,628,148 | 1,651,075 |
| total shareholders funds | 1,388,571 | 1,446,433 | 1,370,016 | 1,847,464 | 1,240,066 | 7,981,245 | 3,391,616 | 3,355,050 | 1,628,148 | 1,651,075 |
| Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||
| Operating Profit | -6,000 | |||||||||
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | 0 | |||||||||
| Stock | -663,848 | -564,804 | -16,825,218 | 21,071,340 | 2,714,028 | 3,062,045 | 11,425,377 | 3,798,719 | 1,877,057 | 6,224,354 |
| Debtors | 730,149 | -297,938 | -9,308,725 | 9,695,034 | -231,312 | 394,112 | 35,992 | 35,725 | -716,832 | 751,003 |
| Creditors | -38,820 | -418,069 | 365,426 | 91,573 | 522,846 | -368,425 | -54,603 | 420,638 | -1,584,742 | 1,684,601 |
| Accruals and Deferred Income | -1,234,857 | -463,205 | -9,254,113 | 11,356,118 | -4,628,838 | 9,395,914 | 23,578 | 30,850 | 0 | 0 |
| Deferred Taxes & Provisions | 3,667 | -23,211 | -23,211 | 119,106 | -21,990 | -23,191 | 199,103 | 0 | 0 | 0 |
| Cash flow from operations | -5,296,756 | |||||||||
| Investing Activities | ||||||||||
| capital expenditure | ||||||||||
| Change in Investments | 0 | 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 | 491,625 | 409,340 | -2,833,918 | 3,908,918 | -8,415,018 | -6,104,724 | 17,513,170 | 2,050,678 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | -13,446,407 | 13,446,407 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 17,500,000 | 0 | -5,817,155 | 5,817,155 | 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 | -223,535 | -6,193,399 | 2,666,934 | 3,750,000 |
| share issue | ||||||||||
| interest | 0 | |||||||||
| cash flow from financing | 5,407,075 | |||||||||
| cash and cash equivalents | ||||||||||
| cash | -902,548 | 444,014 | 464,272 | 3,212 | -4,266,895 | 4,033,046 | 215,755 | 18,380 | -100,960 | 110,319 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -902,548 | 444,014 | 464,272 | 3,212 | -4,266,895 | 4,033,046 | 215,755 | 18,380 | -100,960 | 110,319 |
P&L
June 2023turnover
3.3m
+153%
operating profit
-80.9k
0%
gross margin
25.7%
+7.07%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
June 2023net assets
1.4m
-0.04%
total assets
3.8m
-0.18%
cash
9k
-0.99%
net assets
Total assets minus all liabilities
Similar Companies
east lothian developments limited company details
company number
SC435221
Type
Private limited with Share Capital
industry
41100 - Development of building projects
incorporation date
October 2012
age
12
accounts
Small Company
ultimate parent company
previous names
dmws 999 limited (November 2013)
incorporated
UK
address
fourth floor, 68-70 george street, edinburgh, midlothian, EH2 2LR
last accounts submitted
June 2023
east lothian 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 found 14 charges/mortgages relating to east lothian developments limited. Currently there are 8 open charges and 6 have been satisfied in the past.
east lothian developments limited Companies House Filings - See Documents
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