fairview estates (housing) limited

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fairview estates (housing) limited Company Information

Share FAIRVIEW ESTATES (HOUSING) LIMITED
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Company Number

00769922

Registered Address

50 lancaster road, enfield, middlesex, EN2 0BY

Industry

Construction of domestic buildings

 

Telephone

02080237092

Next Accounts Due

September 2025

Group Structure

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Directors

Gerald Malton23 Years

Daniel Carroll9 Years

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Shareholders

fairview new homes ltd 100%

fairview estates (housing) limited Estimated Valuation

£168.6m

Pomanda estimates the enterprise value of FAIRVIEW ESTATES (HOUSING) LIMITED at £168.6m based on a Turnover of £233.5m and 0.72x industry multiple (adjusted for size and gross margin).

fairview estates (housing) limited Estimated Valuation

£29m

Pomanda estimates the enterprise value of FAIRVIEW ESTATES (HOUSING) LIMITED at £29m based on an EBITDA of £5m and a 5.78x industry multiple (adjusted for size and gross margin).

fairview estates (housing) limited Estimated Valuation

£13.4m

Pomanda estimates the enterprise value of FAIRVIEW ESTATES (HOUSING) LIMITED at £13.4m based on Net Assets of £10.4m and 1.29x industry multiple (adjusted for liquidity).

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Fairview Estates (housing) Limited AI Business Plan

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Fairview Estates (housing) Limited Overview

Fairview Estates (housing) Limited is a live company located in middlesex, EN2 0BY with a Companies House number of 00769922. It operates in the construction of domestic buildings sector, SIC Code 41202. Founded in August 1963, it's largest shareholder is fairview new homes ltd with a 100% stake. Fairview Estates (housing) Limited is a mature, mega sized company, Pomanda has estimated its turnover at £233.5m with healthy growth in recent years.

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Fairview Estates (housing) Limited Health Check

Pomanda's financial health check has awarded Fairview Estates (Housing) Limited a 4 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 5 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating4out of 5
positive_score

5 Strong

positive_score

2 Regular

positive_score

5 Weak

size

Size

annual sales of £233.5m, make it larger than the average company (£487.4k)

£233.5m - Fairview Estates (housing) Limited

£487.4k - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 9%, show it is growing at a similar rate (8.7%)

9% - Fairview Estates (housing) Limited

8.7% - Industry AVG

production

Production

with a gross margin of 11.1%, this company has a higher cost of product (20.6%)

11.1% - Fairview Estates (housing) Limited

20.6% - Industry AVG

profitability

Profitability

an operating margin of 2% make it less profitable than the average company (5.3%)

2% - Fairview Estates (housing) Limited

5.3% - Industry AVG

employees

Employees

with 229 employees, this is above the industry average (3)

229 - Fairview Estates (housing) Limited

3 - Industry AVG

paystructure

Pay Structure

on an average salary of £89.4k, the company has a higher pay structure (£45.2k)

£89.4k - Fairview Estates (housing) Limited

£45.2k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £1m, this is more efficient (£222.3k)

£1m - Fairview Estates (housing) Limited

£222.3k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 2 days, this is earlier than average (19 days)

2 days - Fairview Estates (housing) Limited

19 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 15 days, this is quicker than average (30 days)

15 days - Fairview Estates (housing) Limited

30 days - Industry AVG

stockdays

Stock Days

it holds stock equivalent to 15 days, this is less than average (326 days)

15 days - Fairview Estates (housing) Limited

326 days - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (14 weeks)

0 weeks - Fairview Estates (housing) Limited

14 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 71.9%, this is a similar level of debt than the average (70.6%)

71.9% - Fairview Estates (housing) Limited

70.6% - Industry AVG

fairview estates (housing) limited Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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Fairview Estates (housing) Limited Competitor Analysis

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Perform a competitor analysis for fairview estates (housing) limited by selecting its closest rivals and benchmarking them against 12 key performance metrics.

fairview estates (housing) limited Ownership

FAIRVIEW ESTATES (HOUSING) LIMITED group structure

Fairview Estates (Housing) Limited has no subsidiary companies.

Ultimate parent company

2 parents

FAIRVIEW ESTATES (HOUSING) LIMITED

00769922

FAIRVIEW ESTATES (HOUSING) LIMITED Shareholders

fairview new homes ltd 100%

fairview estates (housing) limited directors

Fairview Estates (Housing) Limited currently has 11 directors. The longest serving directors include Mr Gerald Malton (Jan 2001) and Mr Daniel Carroll (Jan 2015).

officercountryagestartendrole
Mr Gerald Malton63 years Jan 2001- Director
Mr Daniel Carroll43 years Jan 2015- Director
Mr Robert WilliamsEngland59 years Aug 2015- Director
Mr Steven EastwoodUnited Kingdom57 years Jan 2018- Director
Mr Mark JacksonUnited Kingdom52 years Jun 2018- Director
Mr John ReidUnited Kingdom58 years Sep 2018- Director
Mr Christopher HoodEngland33 years Mar 2020- Director
Mr Derek LawlorUnited Kingdom46 years Jul 2020- Director
Mr Oliver LeedhamUnited Kingdom39 years Feb 2022- Director
Mr Jonathan MillershipUnited Kingdom48 years Feb 2023- Director

FAIRVIEW ESTATES (HOUSING) LIMITED financials

EXPORTms excel logo

Fairview Estates (Housing) Limited's latest turnover from December 2023 is £233.5 million and the company has net assets of £10.4 million. According to their latest financial statements, Fairview Estates (Housing) Limited has 229 employees and maintains cash reserves of £11 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Turnover233,497,000180,621,000184,792,000181,194,000233,491,000189,105,000149,144,000140,165,000138,298,00092,168,00075,709,000100,565,000106,938,00082,354,00093,857,000
Other Income Or Grants000000000000000
Cost Of Sales207,536,000156,580,000160,884,000158,866,000203,110,000168,425,000128,878,000123,506,000121,244,00078,047,00062,656,00088,007,00092,603,00069,905,00073,245,000
Gross Profit25,961,00024,041,00023,908,00022,328,00030,381,00020,680,00020,266,00016,659,00017,054,00014,121,00013,053,00012,558,00014,335,00012,449,00020,612,000
Admin Expenses21,276,00020,629,00018,695,00019,318,00026,473,00016,980,00016,404,00013,692,00015,603,00012,967,00016,045,00012,189,00012,764,00011,289,00015,491,000
Operating Profit4,685,0003,412,0005,213,0003,010,0003,908,0003,700,0003,862,0002,967,0001,451,0001,154,000-2,992,000369,0001,571,0001,160,0005,121,000
Interest Payable0002,000001,00000000000
Interest Receivable00000001,00001,00000000
Pre-Tax Profit4,685,0003,412,0005,213,0003,008,0003,908,0003,700,0003,861,0002,968,0001,451,0001,155,000-2,992,000369,0001,571,0001,160,0005,121,000
Tax33,000242,000-262,00046,000937,000-2,023,00055,000-97,00064,000-38,00092,000-338,000-643,000-350,000-1,568,000
Profit After Tax4,718,0003,654,0004,951,0003,054,0004,845,0001,677,0003,916,0002,871,0001,515,0001,117,000-2,900,00031,000928,000810,0003,553,000
Dividends Paid9,697,000003,804,0001,882,0006,182,0001,499,0002,016,000000001,901,0003,500,000
Retained Profit-4,979,0003,654,0004,951,000-750,0002,963,000-4,505,0002,417,000855,0001,515,0001,117,000-2,900,00031,000928,000-1,091,00053,000
Employee Costs20,481,00021,283,00019,310,00018,747,00025,910,00020,170,00015,758,00012,829,00011,750,00011,456,00011,015,00011,962,00012,583,00012,762,00013,943,000
Number Of Employees229236228241250232219212202195216268285295321
EBITDA*5,015,0003,752,0005,617,0003,464,0004,363,0004,143,0004,272,0003,369,0001,842,0001,540,000-2,661,000718,0001,970,0001,659,0005,609,000

* Earnings Before Interest, Tax, Depreciation and Amortisation

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Tangible Assets725,000676,000555,000768,0001,038,0001,037,0001,015,000809,000920,000909,000799,000814,000793,000802,000766,000
Intangible Assets000000000000000
Investments & Other000000000000000
Debtors (Due After 1 year)000000000000000
Total Fixed Assets725,000676,000555,000768,0001,038,0001,037,0001,015,000809,000920,000909,000799,000814,000793,000802,000766,000
Stock & work in progress8,845,0006,773,0002,804,0005,707,0008,525,0006,532,0003,696,0003,662,0002,996,0003,153,0002,458,0003,377,0004,691,0003,111,0002,987,000
Trade Debtors1,864,0003,993,000753,0001,620,000467,000820,0008,126,0002,593,000266,000118,000139,000763,000783,000532,000945,000
Group Debtors22,201,00022,080,00020,341,00030,027,00025,357,00026,447,00015,912,00013,133,00010,740,0007,620,0006,078,00010,229,0008,134,0005,975,0009,200,000
Misc Debtors3,320,0002,741,0001,926,0001,621,0001,489,0001,423,0002,074,0001,648,0001,808,0001,939,0002,290,0001,364,0003,456,0002,087,0001,263,000
Cash11,00014,00012,00017,00015,00011,0009,00010,0009,0008,0009,00014,00013,00015,00038,000
misc current assets000000000000000
total current assets36,241,00035,601,00025,836,00038,992,00035,853,00035,233,00029,817,00021,046,00015,819,00012,838,00010,974,00015,747,00017,077,00011,720,00014,433,000
total assets36,966,00036,277,00026,391,00039,760,00036,891,00036,270,00030,832,00021,855,00016,739,00013,747,00011,773,00016,561,00017,870,00012,522,00015,199,000
Bank overdraft0001,00041,00054,00099,000268,000310,000633,000330,000924,000384,000841,000874,000
Bank loan000000000000000
Trade Creditors 8,874,0005,840,0001,827,0005,757,0009,478,0009,795,0004,142,0008,912,0003,030,0004,881,0004,056,0002,834,0004,860,0002,895,0001,639,000
Group/Directors Accounts6,637,0001,116,0003,814,0004,834,0009,033,00014,103,0003,600,000720,0000000000
other short term finances000000000000000
hp & lease commitments000000000000000
other current liabilities11,053,00013,940,0009,023,00022,392,00010,813,000013,923,0005,304,0007,603,0003,952,0004,223,0006,739,0006,593,0003,681,0006,490,000
total current liabilities26,564,00020,896,00014,664,00032,984,00029,365,00031,707,00021,764,00015,204,00010,943,0009,466,0008,609,00010,497,00011,837,0007,417,0009,003,000
loans000000000000000
hp & lease commitments000000000000000
Accruals and Deferred Income000000000000000
other liabilities000000000000000
provisions000000000000000
total long term liabilities000000000000000
total liabilities26,564,00020,896,00014,664,00032,984,00029,365,00031,707,00021,764,00015,204,00010,943,0009,466,0008,609,00010,497,00011,837,0007,417,0009,003,000
net assets10,402,00015,381,00011,727,0006,776,0007,526,0004,563,0009,068,0006,651,0005,796,0004,281,0003,164,0006,064,0006,033,0005,105,0006,196,000
total shareholders funds10,402,00015,381,00011,727,0006,776,0007,526,0004,563,0009,068,0006,651,0005,796,0004,281,0003,164,0006,064,0006,033,0005,105,0006,196,000
Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Operating Activities
Operating Profit4,685,0003,412,0005,213,0003,010,0003,908,0003,700,0003,862,0002,967,0001,451,0001,154,000-2,992,000369,0001,571,0001,160,0005,121,000
Depreciation330,000340,000404,000454,000455,000443,000410,000402,000391,000386,000331,000349,000399,000499,000488,000
Amortisation000000000000000
Tax33,000242,000-262,00046,000937,000-2,023,00055,000-97,00064,000-38,00092,000-338,000-643,000-350,000-1,568,000
Stock2,072,0003,969,000-2,903,000-2,818,0001,993,0002,836,00034,000666,000-157,000695,000-919,000-1,314,0001,580,000124,0002,987,000
Debtors-1,429,0005,794,000-10,248,0005,955,000-1,377,0002,578,0008,738,0004,560,0003,137,0001,170,000-3,849,000-17,0003,779,000-2,814,00011,408,000
Creditors3,034,0004,013,000-3,930,000-3,721,000-317,0005,653,000-4,770,0005,882,000-1,851,000825,0001,222,000-2,026,0001,965,0001,256,0001,639,000
Accruals and Deferred Income-2,887,0004,917,000-13,369,00011,579,00010,813,000-13,923,0008,619,000-2,299,0003,651,000-271,000-2,516,000146,0002,912,000-2,809,0006,490,000
Deferred Taxes & Provisions000000000000000
Cash flow from operations4,552,0003,161,0001,207,0008,231,00015,180,000-11,564,000-596,0001,629,000726,000191,000905,000-169,000845,0002,446,000-2,225,000
Investing Activities
capital expenditure-379,000-461,000-191,000-184,000-456,000-465,000-616,000-291,000-402,000-496,000-316,000-370,000-390,000-535,000-1,254,000
Change in Investments000000000000000
cash flow from investments-379,000-461,000-191,000-184,000-456,000-465,000-616,000-291,000-402,000-496,000-316,000-370,000-390,000-535,000-1,254,000
Financing Activities
Bank loans000000000000000
Group/Directors Accounts5,521,000-2,698,000-1,020,000-4,199,000-5,070,00010,503,0002,880,000720,0000000000
Other Short Term Loans 000000000000000
Long term loans000000000000000
Hire Purchase and Lease Commitments000000000000000
other long term liabilities000000000000000
share issue000000000000006,143,000
interest000-2,00000-1,0001,00001,00000000
cash flow from financing5,521,000-2,698,000-1,020,000-4,201,000-5,070,00010,503,0002,879,000721,00001,00000006,143,000
cash and cash equivalents
cash-3,0002,000-5,0002,0004,0002,000-1,0001,0001,000-1,000-5,0001,000-2,000-23,00038,000
overdraft00-1,000-40,000-13,000-45,000-169,000-42,000-323,000303,000-594,000540,000-457,000-33,000874,000
change in cash-3,0002,000-4,00042,00017,00047,000168,00043,000324,000-304,000589,000-539,000455,00010,000-836,000

P&L

December 2023

turnover

233.5m

+29%

operating profit

4.7m

+37%

gross margin

11.2%

-16.47%

turnover

Turnover, or revenue, is the amount of sales generated by a company within the financial year.

Balance Sheet

December 2023

net assets

10.4m

-0.32%

total assets

37m

+0.02%

cash

11k

-0.21%

net assets

Total assets minus all liabilities

fairview estates (housing) limited company details

company number

00769922

Type

Private limited with Share Capital

industry

41202 - Construction of domestic buildings

incorporation date

August 1963

age

61

accounts

Full Accounts

ultimate parent company

previous names

fairview estates (enfield) limited (December 1978)

incorporated

UK

address

50 lancaster road, enfield, middlesex, EN2 0BY

last accounts submitted

December 2023

fairview estates (housing) 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 11 charges/mortgages relating to fairview estates (housing) limited. Currently there are 9 open charges and 2 have been satisfied in the past.

charges

fairview estates (housing) limited Companies House Filings - See Documents

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