rippon homes ltd
rippon homes ltd Company Information
Group Structure
View All
Industry
Construction of domestic buildings
Registered Address
2b vantage park washingley road, huntingdon, PE29 6SR
Website
www.ripponhomes.co.ukrippon homes ltd Estimated Valuation
Pomanda estimates the enterprise value of RIPPON HOMES LTD at £10.6m based on a Turnover of £25.5m and 0.41x industry multiple (adjusted for size and gross margin).
rippon homes ltd Estimated Valuation
Pomanda estimates the enterprise value of RIPPON HOMES LTD at £0 based on an EBITDA of £-468k and a 3.72x industry multiple (adjusted for size and gross margin).
rippon homes ltd Estimated Valuation
Pomanda estimates the enterprise value of RIPPON HOMES LTD at £0 based on Net Assets of £-2.8m and 1.34x industry multiple (adjusted for liquidity).
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Rippon Homes Ltd Overview
Rippon Homes Ltd is a live company located in huntingdon, PE29 6SR with a Companies House number of 00409107. It operates in the construction of domestic buildings sector, SIC Code 41202. Founded in April 1946, it's largest shareholder is artisan (uk) plc with a 100% stake. Rippon Homes Ltd is a mature, large sized company, Pomanda has estimated its turnover at £25.5m with rapid growth in recent years.
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Rippon Homes Ltd Health Check
Pomanda's financial health check has awarded Rippon Homes Ltd a 4 rating. We use a traffic light system to show it exceeds the industry average on 7 measures and has 5 areas for improvement. Company Health Check FAQs
7 Strong
0 Regular
5 Weak
Size
annual sales of £25.5m, make it larger than the average company (£504.4k)
£25.5m - Rippon Homes Ltd
£504.4k - Industry AVG
Growth
3 year (CAGR) sales growth of 46%, show it is growing at a faster rate (7.6%)
46% - Rippon Homes Ltd
7.6% - Industry AVG
Production
with a gross margin of 8.5%, this company has a higher cost of product (20.3%)
8.5% - Rippon Homes Ltd
20.3% - Industry AVG
Profitability
an operating margin of -1.9% make it less profitable than the average company (5.6%)
-1.9% - Rippon Homes Ltd
5.6% - Industry AVG
Employees
with 52 employees, this is above the industry average (3)
52 - Rippon Homes Ltd
3 - Industry AVG
Pay Structure
on an average salary of £54.4k, the company has a higher pay structure (£43.2k)
£54.4k - Rippon Homes Ltd
£43.2k - Industry AVG
Efficiency
resulting in sales per employee of £490.6k, this is more efficient (£210.9k)
£490.6k - Rippon Homes Ltd
£210.9k - Industry AVG
Debtor Days
it gets paid by customers after 0 days, this is earlier than average (26 days)
0 days - Rippon Homes Ltd
26 days - Industry AVG
Creditor Days
its suppliers are paid after 68 days, this is slower than average (30 days)
68 days - Rippon Homes Ltd
30 days - Industry AVG
Stock Days
it holds stock equivalent to 19 days, this is less than average (262 days)
19 days - Rippon Homes Ltd
262 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 1 weeks, this is less cash available to meet short term requirements (15 weeks)
1 weeks - Rippon Homes Ltd
15 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 123.3%, this is a higher level of debt than the average (72.6%)
123.3% - Rippon Homes Ltd
72.6% - Industry AVG
RIPPON HOMES LTD financials
Rippon Homes Ltd's latest turnover from June 2023 is £25.5 million and the company has net assets of -£2.8 million. According to their latest financial statements, Rippon Homes Ltd has 52 employees and maintains cash reserves of £332.2 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Jun 2018 | Jun 2017 | Jun 2016 | Jun 2015 | Jun 2014 | Jun 2013 | Jun 2012 | Jun 2011 | Jun 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 25,513,393 | 19,661,067 | 12,271,709 | 8,173,426 | 12,345,875 | 16,268,948 | 8,560,154 | 14,559,501 | 12,697,917 | 9,567,699 | 4,958,994 | 7,322,748 | 6,573,182 | 7,633,730 |
| Other Income Or Grants | ||||||||||||||
| Cost Of Sales | 23,352,226 | 18,419,104 | 12,000,860 | 7,385,176 | 11,149,716 | 15,297,592 | 7,398,282 | 12,898,306 | 11,312,164 | 9,207,902 | 4,754,095 | 6,697,495 | 6,791,609 | 7,893,446 |
| Gross Profit | 2,161,167 | 1,241,963 | 270,849 | 788,250 | 1,196,159 | 971,356 | 1,161,872 | 1,661,195 | 1,385,753 | 359,797 | 204,899 | 625,253 | -218,427 | -259,716 |
| Admin Expenses | 2,646,941 | 1,919,171 | 1,815,338 | 1,322,115 | 1,241,667 | 1,255,072 | 837,778 | 955,858 | 954,764 | 789,878 | 798,725 | 776,374 | 1,251,240 | 1,171,517 |
| Operating Profit | -485,774 | -677,208 | -1,544,489 | -533,865 | -45,508 | -283,716 | 324,094 | 705,337 | 430,989 | -430,081 | -593,826 | -151,121 | -1,469,667 | -1,431,233 |
| Interest Payable | 13 | 369,872 | 404,754 | 194,683 | 203,454 | 82,654 | 72,400 | 282,064 | 416,738 | 422,565 | 463,049 | 356,107 | 413,051 | 421,815 |
| Interest Receivable | 114,426 | 3,416 | 117 | 15,293 | 29,464 | 40,097 | 40,399 | 73 | 51 | 38,266 | 36,497 | 30,591 | 26,005 | 19,916 |
| Pre-Tax Profit | -371,361 | -1,043,664 | -1,949,126 | -713,255 | -219,498 | -326,273 | 292,093 | 458,409 | 51,658 | -814,380 | -1,020,378 | -477,637 | -1,856,713 | -1,833,132 |
| Tax | -57,933 | -18,832 | 135,383 | 193,144 | 414,780 | 13,698 | -8,942 | -8,632 | 126,943 | 8,557 | 44,860 | 4,462 | ||
| Profit After Tax | -429,294 | -1,062,496 | -1,813,743 | -520,111 | 195,282 | -312,575 | 283,151 | 449,777 | 51,658 | -687,437 | -1,020,378 | -469,080 | -1,811,853 | -1,828,670 |
| Dividends Paid | ||||||||||||||
| Retained Profit | -429,294 | -1,062,496 | -1,813,743 | -520,111 | 195,282 | -312,575 | 283,151 | 449,777 | 51,658 | -687,437 | -1,020,378 | -469,080 | -1,811,853 | -1,828,670 |
| Employee Costs | 2,830,882 | 2,246,421 | 1,784,021 | 1,529,858 | 1,785,958 | 1,615,542 | 1,410,713 | 1,552,769 | 1,631,099 | 1,366,879 | 1,341,217 | 1,319,581 | 1,358,470 | 1,264,169 |
| Number Of Employees | 52 | 49 | 43 | 37 | 44 | 41 | 40 | 45 | 46 | 41 | 39 | 41 | 44 | 43 |
| EBITDA* | -467,988 | -661,726 | -1,530,591 | -522,832 | -35,018 | -270,524 | 338,395 | 723,197 | 453,266 | -411,660 | -576,187 | -135,924 | -1,441,134 | -1,391,094 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Jun 2018 | Jun 2017 | Jun 2016 | Jun 2015 | Jun 2014 | Jun 2013 | Jun 2012 | Jun 2011 | Jun 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 35,408 | 48,960 | 30,792 | 25,562 | 21,663 | 27,933 | 33,534 | 237,659 | 250,995 | 257,058 | 273,049 | 276,027 | 267,247 | 290,758 |
| Intangible Assets | ||||||||||||||
| Investments & Other | 265,856 | |||||||||||||
| Debtors (Due After 1 year) | 1,270,937 | 580,787 | 748,725 | 632,150 | 271,121 | 360,546 | 394,339 | 395,979 | 394,666 | 357,310 | 333,037 | 281,668 | 232,683 | 143,418 |
| Total Fixed Assets | 1,572,201 | 629,747 | 779,517 | 657,712 | 292,784 | 388,479 | 427,873 | 633,638 | 645,661 | 614,368 | 606,086 | 557,695 | 499,930 | 434,176 |
| Stock & work in progress | 1,216,290 | 897,876 | 2,258,434 | 1,078,561 | 2,506,144 | 417,478 | 820,573 | 2,201,208 | 7,428,837 | 9,408,515 | 12,276,201 | 13,090,708 | 15,518,344 | 18,738,376 |
| Trade Debtors | 22,902 | 5,880 | 561,802 | 753,390 | 753,390 | 133,163 | 128,858 | 1,162,743 | 96,980 | 123,371 | 616 | 4,599 | 1,485 | 15,737 |
| Group Debtors | 8,486,645 | 7,824,705 | 2,489,178 | 2,852,783 | 1,309,461 | 4,194,860 | 1,313,959 | 246,399 | 108,847 | 1,312 | 8,557 | 17,310 | ||
| Misc Debtors | 345,025 | 368,759 | 256,748 | 520,818 | 570,608 | 188,228 | 200,270 | 127,718 | 208,661 | 224,614 | 104,787 | 108,004 | 134,004 | 189,637 |
| Cash | 332,184 | 706,698 | 1,681,172 | 105,862 | 600,918 | 409,474 | 1,141,175 | 590,408 | 1,502,116 | 168,041 | 158,446 | 1,850,984 | 1,736,197 | 1,324,353 |
| misc current assets | ||||||||||||||
| total current assets | 10,403,046 | 9,803,918 | 7,247,334 | 5,311,414 | 5,740,521 | 5,343,203 | 3,604,835 | 4,328,476 | 9,236,594 | 10,033,388 | 12,541,362 | 15,062,852 | 17,407,340 | 20,268,103 |
| total assets | 11,975,247 | 10,433,665 | 8,026,851 | 5,969,126 | 6,033,305 | 5,731,682 | 4,032,708 | 4,962,114 | 9,882,255 | 10,647,756 | 13,147,448 | 15,620,547 | 17,907,270 | 20,702,279 |
| Bank overdraft | ||||||||||||||
| Bank loan | ||||||||||||||
| Trade Creditors | 4,385,487 | 2,537,814 | 1,582,014 | 732,820 | 1,392,496 | 1,832,664 | 1,008,990 | 871,849 | 1,203,080 | 485,575 | 352,765 | 356,333 | 589,981 | 434,157 |
| Group/Directors Accounts | 7,858,172 | 8,205,270 | 5,891,535 | 3,584,308 | 1,379,294 | 1,856,009 | 1,241,126 | 2,068,606 | 7,129,029 | 8,856,052 | 11,072,928 | 13,506,537 | 15,328,476 | 16,524,723 |
| other short term finances | ||||||||||||||
| hp & lease commitments | ||||||||||||||
| other current liabilities | 2,386,104 | 1,963,303 | 1,754,828 | 1,048,981 | 2,072,987 | 1,098,463 | 532,171 | 1,034,189 | 1,020,853 | 997,694 | 875,883 | 891,427 | 653,483 | 596,216 |
| total current liabilities | 14,629,763 | 12,706,387 | 9,228,377 | 5,366,109 | 4,844,777 | 4,787,136 | 2,782,287 | 3,974,644 | 9,352,962 | 10,339,321 | 12,301,576 | 14,754,297 | 16,571,940 | 17,555,096 |
| loans | ||||||||||||||
| hp & lease commitments | ||||||||||||||
| Accruals and Deferred Income | ||||||||||||||
| other liabilities | ||||||||||||||
| provisions | 141,000 | 93,500 | 102,200 | 93,000 | 158,400 | 109,700 | 103,000 | 123,200 | 114,800 | 95,600 | 95,600 | 95,600 | 95,600 | 95,600 |
| total long term liabilities | 141,000 | 93,500 | 102,200 | 93,000 | 158,400 | 109,700 | 103,000 | 123,200 | 114,800 | 95,600 | 95,600 | 95,600 | 95,600 | 95,600 |
| total liabilities | 14,770,763 | 12,799,887 | 9,330,577 | 5,459,109 | 5,003,177 | 4,896,836 | 2,885,287 | 4,097,844 | 9,467,762 | 10,434,921 | 12,397,176 | 14,849,897 | 16,667,540 | 17,650,696 |
| net assets | -2,795,516 | -2,366,222 | -1,303,726 | 510,017 | 1,030,128 | 834,846 | 1,147,421 | 864,270 | 414,493 | 212,835 | 750,272 | 770,650 | 1,239,730 | 3,051,583 |
| total shareholders funds | -2,795,516 | -2,366,222 | -1,303,726 | 510,017 | 1,030,128 | 834,846 | 1,147,421 | 864,270 | 414,493 | 212,835 | 750,272 | 770,650 | 1,239,730 | 3,051,583 |
| Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Jun 2018 | Jun 2017 | Jun 2016 | Jun 2015 | Jun 2014 | Jun 2013 | Jun 2012 | Jun 2011 | Jun 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||||
| Operating Profit | -485,774 | -677,208 | -1,544,489 | -533,865 | -45,508 | -283,716 | 324,094 | 705,337 | 430,989 | -430,081 | -593,826 | -151,121 | -1,469,667 | -1,431,233 |
| Depreciation | 17,786 | 15,482 | 13,898 | 11,033 | 10,490 | 13,192 | 14,301 | 17,860 | 22,277 | 18,421 | 17,639 | 15,197 | 28,533 | 40,139 |
| Amortisation | ||||||||||||||
| Tax | -57,933 | -18,832 | 135,383 | 193,144 | 414,780 | 13,698 | -8,942 | -8,632 | 126,943 | 8,557 | 44,860 | 4,462 | ||
| Stock | 318,414 | -1,360,558 | 1,179,873 | -1,427,583 | 2,088,666 | -403,095 | -1,380,635 | -5,227,629 | -1,979,678 | -2,867,686 | -814,507 | -2,427,636 | -3,220,032 | 18,738,376 |
| Debtors | 1,345,378 | 4,723,678 | -702,688 | 1,854,561 | -1,972,217 | 2,839,371 | 104,587 | 1,232,532 | -113,835 | 374,390 | 36,924 | 17,346 | 36,690 | 348,792 |
| Creditors | 1,847,673 | 955,800 | 849,194 | -659,676 | -440,168 | 823,674 | 137,141 | -331,231 | 717,505 | 132,810 | -3,568 | -233,648 | 155,824 | 434,157 |
| Accruals and Deferred Income | 422,801 | 208,475 | 705,847 | -1,024,006 | 974,524 | 566,292 | -502,018 | 13,336 | 23,159 | 121,811 | -15,544 | 237,944 | 57,267 | 596,216 |
| Deferred Taxes & Provisions | 47,500 | -8,700 | 9,200 | -65,400 | 48,700 | 6,700 | -20,200 | 8,400 | 19,200 | 95,600 | ||||
| Cash flow from operations | 128,261 | -2,888,103 | -308,152 | -2,505,748 | 846,369 | -1,296,436 | 1,220,424 | 4,400,167 | 3,306,643 | 2,463,200 | 182,284 | 2,287,219 | 2,000,159 | -19,347,827 |
| Investing Activities | ||||||||||||||
| capital expenditure | ||||||||||||||
| Change in Investments | 265,856 | |||||||||||||
| cash flow from investments | ||||||||||||||
| Financing Activities | ||||||||||||||
| Bank loans | ||||||||||||||
| Group/Directors Accounts | -347,098 | 2,313,735 | 2,307,227 | 2,205,014 | -476,715 | 614,883 | -827,480 | -5,060,423 | -1,727,023 | -2,216,876 | -2,433,609 | -1,821,939 | -1,196,247 | 16,524,723 |
| Other Short Term Loans | ||||||||||||||
| Long term loans | ||||||||||||||
| Hire Purchase and Lease Commitments | ||||||||||||||
| other long term liabilities | ||||||||||||||
| share issue | ||||||||||||||
| interest | 114,413 | -366,456 | -404,637 | -179,390 | -173,990 | -42,557 | -32,001 | -281,991 | -416,687 | -384,299 | -426,552 | -325,516 | -387,046 | -401,899 |
| cash flow from financing | -232,685 | 1,947,279 | 1,902,590 | 2,025,624 | -650,705 | 572,326 | -859,481 | -5,342,414 | -1,993,710 | -2,451,175 | -1,860,161 | -2,147,455 | -1,583,293 | 21,003,077 |
| cash and cash equivalents | ||||||||||||||
| cash | -374,514 | -974,474 | 1,575,310 | -495,056 | 191,444 | -731,701 | 550,767 | -911,708 | 1,334,075 | 9,595 | -1,692,538 | 114,787 | 411,844 | 1,324,353 |
| overdraft | ||||||||||||||
| change in cash | -374,514 | -974,474 | 1,575,310 | -495,056 | 191,444 | -731,701 | 550,767 | -911,708 | 1,334,075 | 9,595 | -1,692,538 | 114,787 | 411,844 | 1,324,353 |
rippon homes ltd Credit Report and Business Information
Rippon Homes Ltd Competitor Analysis
Perform a competitor analysis for rippon homes ltd by selecting its closest rivals, whether from the CONSTRUCTION sector, other large companies, companies in PE29 area or any other competitors across 12 key performance metrics.
rippon homes ltd Ownership
RIPPON HOMES LTD group structure
Rippon Homes Ltd has no subsidiary companies.
rippon homes ltd directors
Rippon Homes Ltd currently has 1 director, Mr David Sheinman serving since Feb 2020.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr David Sheinman | England | 62 years | Feb 2020 | - | Director |
P&L
June 2023turnover
25.5m
+30%
operating profit
-485.8k
-28%
gross margin
8.5%
+34.1%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
June 2023net assets
-2.8m
+0.18%
total assets
12m
+0.15%
cash
332.2k
-0.53%
net assets
Total assets minus all liabilities
rippon homes ltd company details
company number
00409107
Type
Private limited with Share Capital
industry
41202 - Construction of domestic buildings
incorporation date
April 1946
age
79
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
June 2023
previous names
e.c.rippon,limited (February 2001)
accountant
-
auditor
BDO LLP
address
2b vantage park washingley road, huntingdon, PE29 6SR
Bank
BANK OF SCOTLAND
Legal Advisor
-
rippon homes ltd 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 54 charges/mortgages relating to rippon homes ltd. Currently there are 0 open charges and 54 have been satisfied in the past.
rippon homes ltd 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 RIPPON HOMES LTD. This can take several minutes, an email will notify you when this has completed.
rippon homes ltd Companies House Filings - See Documents
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