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SummaryLegal & StatusTimelineNetworkOwnership & ManagementShareholdersUltimate Beneficial OwnerGeographyFinancialsFinancial HealthDocuments

PROVINCIAL DEVELOPMENTS LIMITED

🇬🇧United Kingdom•Private Limited Company (Ltd.)•Active

Summary

Country🇬🇧United Kingdom
StatusActive
Registration Number03812010
Founded22/07/1999
PurposeOther letting and operating of own or leased real estate
AddressMain Estate Office New Dunn Business Park, Sling, Coleford, Gloucestershire, GL16 8JD
Confirmation StatementNext due: 21/08/2026; Last made up: —

Legal & Status

Legal FormPrivate Limited Company (Ltd.)
StatusActive
Registration Date22/07/1999
Registry AuthorityCompanies House
Registered Capital—

Source: UK Companies House · Last updated: 01/12/2025

Timeline (50 events)

31/07/2024

Annual accounts filed

Annual Accounts · Accounting year ending 31/07/2024

View file in Documents

01/01/2024

Address updated

Main Estate Office New Dunn Business Park, Sling, Coleford, Gloucestershire, Gl16 8JD

22/07/1999

Appointed Pinsent Masons Secretarial Limited (person)

Appointed as Corporate-nominee-secretary

Network

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Network depth

Ownership & Management

Persons with significant control

Fred Watkins (estates) Limited

75–100% shares · 75–100% voting rights · Right to appoint directors

Appointed: 06/08/2024

87.5%
Jay Cian Watkins

Ownership Of Shares 75 To 100 Percent As Firm · Voting Rights 75 To 100 Percent As Firm · Right To Appoint And Remove Directors As Firm

Appointed: 25/08/2023 · Resigned: 25/08/2023

87.5%
Beaufort Property Holdings Ltd

75–100% shares · 75–100% voting rights · Right to appoint directors

Appointed: 25/08/2023 · Resigned: 06/08/2024

87.5%
Diego Spahiu

50–75% shares · 50–75% voting rights

Appointed: 02/09/2019 · Resigned: 25/08/2023

62.5%
Philip Baden Watkins

50–75% shares · 50–75% voting rights · Right to appoint directors · Right To Appoint And Remove Directors As Firm · Significant influence · Significant Influence Or Control As Firm

Appointed: 06/04/2016 · Resigned: 02/09/2019

62.5%

Showing 1–5 of 25

1 / 5

Ownership Timeline (9 changes)

06/08/2024

Appointed Fred Watkins (estates) Limited (company)

owns or controls

06/08/2024

Resigned Beaufort Property Holdings Ltd (company)

owns or controls

06/04/2016

Appointed Philip Baden Watkins (person)

Person with significant control

Shareholders

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Ultimate Beneficial Owner

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Geography

Headquarters

Main Estate Office New Dunn Business Park

Sling

Coleford

Gloucestershire

GL16 8JD

Financials

Key figures from annual accounts filings.

Convert to

2013

Profit / (loss): £426.8K

Key figures

Profit / (loss)

2013£426,818
2014£374,751
2016£540,161
2017—
2018—
2019—
2020—
2021—
2022—
2023—
2024£33,387

Total assets

2013£1,218,216
2014£1,192,704
2016£1,358,114
2017£-244,789
2018£-200,233
2019£-63,107
2020£-114,465
2021£-209,238
2022£-209,238
2023£20,762
2024£-217,799

Net Assets Liabilities

2013—
2014—
2016—
2017£393,882
2018£284,052
2019£352,034
2020£484,042
2021£330,985
2022£265,549
2023£266,154
2024£374,503

Equity

2013—
2014—
2016—
2017£-244,789
2018£-200,233
2019£-63,107
2020£-114,465
2021£-209,238
2022£-209,238
2023£20,762
2024£-217,799

Current Assets

2013£82,410
2014£110,827
2016£224,453
2017£346,418
2018£282,102
2019£306,796
2020£356,193
2021£257,645
2022£277,550
2023£242,966
2024£270,722

Net Current Assets Liabilities

2013£-66,633
2014£4,835
2016£119,375
2017£-445,740
2018£-227,567
2019£-146,680
2020£-154,891
2021£-577,534
2022£-575,432
2023£-592,833
2024£-856,494

Total Assets Less Current Liabilities

2013£3,301,296
2014£3,218,337
2016£3,366,660
2017£1,898,807
2018£2,029,384
2019£1,922,410
2020£1,915,333
2021£1,423,429
2022£1,324,014
2023£1,299,947
2024£1,298,653

Cash Bank On Hand

2013—
2014—
2016—
2017£1,051
2018£1,302
2019£5,509
2020£814
2021£7,054
2022£0
2023£235
2024£5

Debtors

2013£82,410
2014£109,922
2016£223,466
2017£334,879
2018£222,969
2019£243,456
2020£297,548
2021£192,760
2022£219,719
2023£184,900
2024£212,886

Creditors

2013—
2014—
2016—
2017£1,504,925
2018£1,745,332
2019£1,570,376
2020£1,431,291
2021£1,092,444
2022£1,058,465
2023£1,033,793
2024£924,150

Number Shares Allotted

2013300,000
2014302,300
2016302,300
2017—
2018—
2019—
2020—
2021—
2022—
2023—
2024—

Par Value Share

2013£1
2014£1
2016£1
2017—
2018—
2019—
2020—
2021—
2022—
2023—
2024—

Average Number Employees During Period

2013—
2014—
2016—
2017—
2018—
20191
20201
20212
20222
20232
20242

Accumulated Depreciation Impairment Property Plant Equipment

2013—
2014—
2016—
2017£63,896
2018£76,757
2019£69,623
2020£78,657
2021£86,501
2022£93,167
2023£105,546
2024£144,653

Additions Other Than Through Business Combinations Investment Property Fair Value Model

2013—
2014—
2016—
2017—
2018—
2019—
2020£229,773
2021—
2022—
2023—
2024—

Balances Amounts Owed By Related Parties

2013—
2014—
2016—
2017—
2018—
2019—
2020£69,821
2021—
2022—
2023£6,503
2024—

Balances Amounts Owed To Related Parties

2013—
2014—
2016—
2017—
2018—
2019—
2020£-19,840
2021£-8,463
2022£10,498
2023£35,496
2024£87,129

Bank Borrowings

2013—
2014—
2016—
2017£1,400,000
2018£1,737,628
2019£1,594,375
2020—
2021—
2022—
2023—
2024—

Called Up Share Capital

2013£300,000
2014£302,300
2016£302,300
2017—
2018—
2019—
2020—
2021—
2022—
2023—
2024—

Cash Bank In Hand

2013£0
2014£905
2016£987
2017—
2018—
2019—
2020—
2021—
2022—
2023—
2024—

Creditors Due After One Year

2013£2,083,080
2014£2,025,633
2016£2,007,572
2017—
2018—
2019—
2020—
2021—
2022—
2023—
2024—

Creditors Due Within One Year

2013£149,043
2014£105,992
2016£105,078
2017—
2018—
2019—
2020—
2021—
2022—
2023—
2024—

Disposals Decrease In Depreciation Impairment Property Plant Equipment

2013—
2014—
2016—
2017—
2018£4,163
2019£17,922
2020—
2021—
2022—
2023—
2024£4,689

Disposals Investment Property Fair Value Model

2013—
2014—
2016—
2017£65,000
2018£160,000
2019£90,000
2020£290,000
2021—
2022—
2023—
2024£670,000

Disposals Property Plant Equipment

2013—
2014—
2016—
2017—
2018£15,000
2019£31,000
2020—
2021—
2022—
2023—
2024£5,447

Fixed Assets

2013£3,367,929
2014£3,213,502
2016£3,247,285
2017£2,344,547
2018£2,256,951
2019£2,069,090
2020£2,070,224
2021£2,000,963
2022£1,899,446
2023£1,892,780
2024£2,155,147

Increase From Depreciation Charge For Year Property Plant Equipment

2013—
2014—
2016—
2017£22,596
2018£17,024
2019£10,788
2020£9,034
2021£7,844
2022£6,666
2023£12,379
2024£10,409

Increase From Impairment Loss Recognised In Profit Or Loss Property Plant Equipment

2013—
2014—
2016—
2017—
2018—
2019—
2020—
2021—
2022—
2023—
2024£33,387

Investment Property

2013—
2014—
2016—
2017£2,210,000
2018£2,145,000
2019£1,985,000
2020£2,010,000
2021£1,949,773
2022£1,855,000
2023£1,855,000
2024£2,085,000

Investment Property Fair Value Model

2013—
2014—
2016—
2017£2,145,000
2018£1,985,000
2019£2,010,000
2020£1,949,773
2021£1,855,000
2022£1,855,000
2023£2,085,000
2024£1,415,000

Net Assets Liabilities Including Pension Asset Liability

2013£1,218,216
2014£1,192,704
2016£1,358,114
2017—
2018—
2019—
2020—
2021—
2022—
2023—
2024—

Other Remaining Borrowings

2013—
2014—
2016—
2017£585,794
2018£12,500
2019—
2020—
2021—
2022—
2023—
2024£0

Profit Loss Account Reserve

2013£426,818
2014£374,751
2016£540,161
2017—
2018—
2019—
2020—
2021—
2022—
2023—
2024—

Property Plant Equipment

2013—
2014—
2016—
2017£134,547
2018£111,951
2019£84,090
2020£60,224
2021£51,190
2022£44,446
2023£37,780
2024£70,147

Property Plant Equipment Gross Cost

2013—
2014—
2016—
2017£175,847
2018£160,847
2019£129,847
2020£129,847
2021£130,947
2022£130,947
2023£175,693
2024£170,246

Provisions For Liabilities Charges

2013—
2014—
2016£974
2017—
2018—
2019—
2020—
2021—
2022—
2023—
2024—

Revaluation Reserve

2013£431,648
2014£451,303
2016£451,303
2017—
2018—
2019—
2020—
2021—
2022—
2023—
2024—

Secured Debts

2013—
2014—
2016£2,117,527
2017—
2018—
2019—
2020—
2021—
2022—
2023—
2024—

Share Capital Allotted Called Up Paid

2013£300,000
2014£302,300
2016—
2017—
2018—
2019—
2020—
2021—
2022—
2023—
2024—

Shareholder Funds

2013£1,218,216
2014£1,192,704
2016£1,358,114
2017—
2018—
2019—
2020—
2021—
2022—
2023—
2024—

Share Premium Account

2013£59,750
2014£64,350
2016£64,350
2017—
2018—
2019—
2020—
2021—
2022—
2023—
2024—

Tangible Fixed Assets

2013£3,360,000
2014£3,206,763
2016£3,242,416
2017—
2018—
2019—
2020—
2021—
2022—
2023—
2024—

Tangible Fixed Assets Additions

2013£151,763
2014£35,653
2016£157,145
2017—
2018—
2019—
2020—
2021—
2022—
2023—
2024—

Tangible Fixed Assets Cost Or Valuation

2013£3,206,763
2014£3,242,416
2016£2,210,000
2017—
2018—
2019—
2020—
2021—
2022—
2023—
2024—

Tangible Fixed Assets Depreciation

2013£11,963
2014£12,974
2016£41,300
2017—
2018—
2019—
2020—
2021—
2022—
2023—
2024—

Tangible Fixed Assets Depreciation Charged In Period

2013£1,190
2014£1,011
2016£27,467
2017—
2018—
2019—
2020—
2021—
2022—
2023—
2024—

Tangible Fixed Assets Disposals

2013£305,000
2014—
2016£369,348
2017—
2018—
2019—
2020—
2021—
2022—
2023—
2024—

Tangible Fixed Assets Increase Decrease From Revaluations

2013—
2014—
2016£-663,068
2017—
2018—
2019—
2020—
2021—
2022—
2023—
2024—

Total Additions Including From Business Combinations Property Plant Equipment

2013—
2014—
2016—
2017—
2018—
2019—
2020—
2021£1,100
2022—
2023£44,746
2024—

Total Borrowings

2013—
2014—
2016—
2017£2,117,527
2018£1,846,518
2019£1,647,210
2020£1,505,920
2021£1,110,662
2022—
2023—
2024£940,312

Total Inventories

2013—
2014—
2016—
2017£10,488
2018£57,831
2019£57,831
2020£57,831
2021£57,831
2022£57,831
2023£57,831
2024£57,831

Value Shares Allotted

2013—
2014—
2016£302,300
2017—
2018—
2019—
2020—
2021—
2022—
2023—
2024—
Metric20132014201620172018201920202021202220232024
Profit / (loss)£426,818£374,751£540,161———————£33,387
Total assets£1,218,216£1,192,704£1,358,114£-244,789£-200,233£-63,107£-114,465£-209,238£-209,238£20,762£-217,799
Net Assets Liabilities———£393,882£284,052£352,034£484,042£330,985£265,549£266,154£374,503
Equity———£-244,789£-200,233£-63,107£-114,465£-209,238£-209,238£20,762£-217,799
Current Assets£82,410£110,827£224,453£346,418£282,102£306,796£356,193£257,645£277,550£242,966£270,722
Net Current Assets Liabilities£-66,633£4,835£119,375£-445,740£-227,567£-146,680£-154,891£-577,534£-575,432£-592,833£-856,494
Total Assets Less Current Liabilities£3,301,296£3,218,337£3,366,660£1,898,807£2,029,384£1,922,410£1,915,333£1,423,429£1,324,014£1,299,947£1,298,653
Cash Bank On Hand———£1,051£1,302£5,509£814£7,054£0£235£5
Debtors£82,410£109,922£223,466£334,879£222,969£243,456£297,548£192,760£219,719£184,900£212,886
Creditors———£1,504,925£1,745,332£1,570,376£1,431,291£1,092,444£1,058,465£1,033,793£924,150
Number Shares Allotted300,000302,300302,300————————
Par Value Share£1£1£1————————
Average Number Employees During Period—————112222
Accumulated Depreciation Impairment Property Plant Equipment———£63,896£76,757£69,623£78,657£86,501£93,167£105,546£144,653
Additions Other Than Through Business Combinations Investment Property Fair Value Model——————£229,773————
Balances Amounts Owed By Related Parties——————£69,821——£6,503—
Balances Amounts Owed To Related Parties——————£-19,840£-8,463£10,498£35,496£87,129
Bank Borrowings———£1,400,000£1,737,628£1,594,375—————
Called Up Share Capital£300,000£302,300£302,300————————
Cash Bank In Hand£0£905£987————————
Creditors Due After One Year£2,083,080£2,025,633£2,007,572————————
Creditors Due Within One Year£149,043£105,992£105,078————————
Disposals Decrease In Depreciation Impairment Property Plant Equipment————£4,163£17,922————£4,689
Disposals Investment Property Fair Value Model———£65,000£160,000£90,000£290,000———£670,000
Disposals Property Plant Equipment————£15,000£31,000————£5,447
Fixed Assets£3,367,929£3,213,502£3,247,285£2,344,547£2,256,951£2,069,090£2,070,224£2,000,963£1,899,446£1,892,780£2,155,147
Increase From Depreciation Charge For Year Property Plant Equipment———£22,596£17,024£10,788£9,034£7,844£6,666£12,379£10,409
Increase From Impairment Loss Recognised In Profit Or Loss Property Plant Equipment——————————£33,387
Investment Property———£2,210,000£2,145,000£1,985,000£2,010,000£1,949,773£1,855,000£1,855,000£2,085,000
Investment Property Fair Value Model———£2,145,000£1,985,000£2,010,000£1,949,773£1,855,000£1,855,000£2,085,000£1,415,000
Net Assets Liabilities Including Pension Asset Liability£1,218,216£1,192,704£1,358,114————————
Other Remaining Borrowings———£585,794£12,500—————£0
Profit Loss Account Reserve£426,818£374,751£540,161————————
Property Plant Equipment———£134,547£111,951£84,090£60,224£51,190£44,446£37,780£70,147
Property Plant Equipment Gross Cost———£175,847£160,847£129,847£129,847£130,947£130,947£175,693£170,246
Provisions For Liabilities Charges——£974————————
Revaluation Reserve£431,648£451,303£451,303————————
Secured Debts——£2,117,527————————
Share Capital Allotted Called Up Paid£300,000£302,300—————————
Shareholder Funds£1,218,216£1,192,704£1,358,114————————
Share Premium Account£59,750£64,350£64,350————————
Tangible Fixed Assets£3,360,000£3,206,763£3,242,416————————
Tangible Fixed Assets Additions£151,763£35,653£157,145————————
Tangible Fixed Assets Cost Or Valuation£3,206,763£3,242,416£2,210,000————————
Tangible Fixed Assets Depreciation£11,963£12,974£41,300————————
Tangible Fixed Assets Depreciation Charged In Period£1,190£1,011£27,467————————
Tangible Fixed Assets Disposals£305,000—£369,348————————
Tangible Fixed Assets Increase Decrease From Revaluations——£-663,068————————
Total Additions Including From Business Combinations Property Plant Equipment———————£1,100—£44,746—
Total Borrowings———£2,117,527£1,846,518£1,647,210£1,505,920£1,110,662——£940,312
Total Inventories———£10,488£57,831£57,831£57,831£57,831£57,831£57,831£57,831
Value Shares Allotted——£302,300————————

Documents

Annual Accounts

Accounts for the accounting period ending on: 31/07/2024

Filed: 31/07/2024

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Annual Accounts

Accounts for the accounting period ending on: 31/07/2023

Filed: 31/07/2023

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Annual Accounts

Accounts for the accounting period ending on: 31/07/2022

Filed: 31/07/2022

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Annual Accounts

Accounts for the accounting period ending on: 31/07/2021

Filed: 31/07/2021

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Annual Accounts

Accounts for the accounting period ending on: 31/07/2020

Filed: 31/07/2020

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Annual Accounts

Accounts for the accounting period ending on: 31/07/2019

Filed: 31/07/2019

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Annual Accounts

Accounts for the accounting period ending on: 31/07/2018

Filed: 31/07/2018

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Annual Accounts

Accounts for the accounting period ending on: 31/07/2017

Filed: 31/07/2017

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Annual Accounts

Accounts for the accounting period ending on: 31/07/2016

Filed: 31/07/2016

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Current ratio (2016)Current ratio
2.14×
YoY profit / (loss) (2014 vs 2016)YoY profit / (loss)
+44.1%
Return on assets (net) (2016)Return on assets (net)
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Equity ratio (2023)Equity ratio
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CAGR profit / (loss) (2013–2024)CAGR profit / (loss)
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Financial Health

Derived ratios from annual accounts. Values are omitted when data is missing or not meaningful.

Growth

YoY profit / (loss) (2013 vs 2014)
-12.2%
YoY total assets (2013 vs 2014)
-2.1%
YoY net current assets (2013 vs 2014)
+107.3%
YoY profit / (loss) (2014 vs 2016)
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YoY total assets (2014 vs 2016)
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YoY net current assets (2014 vs 2016)
+2,369%
YoY total assets (2016 vs 2017)
-118%
YoY net current assets (2016 vs 2017)
-473.4%
YoY total assets (2017 vs 2018)
+18.2%
YoY net current assets (2017 vs 2018)
+48.9%
YoY total assets (2018 vs 2019)
+68.5%
YoY net current assets (2018 vs 2019)
+35.5%
YoY total assets (2019 vs 2020)
-81.4%
YoY net current assets (2019 vs 2020)
-5.6%
YoY total assets (2020 vs 2021)
-82.8%
YoY net current assets (2020 vs 2021)
-272.9%
YoY net current assets (2021 vs 2022)
+0.4%
YoY total assets (2022 vs 2023)
+109.9%
YoY net current assets (2022 vs 2023)
-3%
YoY total assets (2023 vs 2024)
-1,149%
YoY net current assets (2023 vs 2024)
-44.5%
CAGR profit / (loss) (2013–2024)
-22.5%

Efficiency & returns

Return on assets (net) (2013)
35%
Return on assets (net) (2014)
31.4%
Return on assets (net) (2016)
39.8%
Profit / (loss) per employee (2024)
£16,694

Working capital & liquidity

Current ratio (2013)
0.55×
Net current assets (2013)
-£66,633
Current ratio (2014)
1.05×
Net current assets (2014)
£4,835
Current ratio (2016)
2.14×
Net current assets (2016)
£119,375
Net current assets (2017)
-£445,740
Net current assets (2018)
-£227,567
Net current assets (2019)
-£146,680
Net current assets (2020)
-£154,891
Net current assets (2021)
-£577,534
Net current assets (2022)
-£575,432
Net current assets (2023)
-£592,833
Net current assets (2024)
-£856,494

Capital structure

Equity ratio (2023)
100%
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