altus homes limited

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altus homes limited Company Information

Share ALTUS HOMES LIMITED

Company Number

00890522

Shareholders

e&fp holdings limited

blythe real estate limited

Group Structure

View All

Industry

Management of real estate on a fee or contract basis

 

Registered Address

132 widney lane, solihull, west midlands, B91 3LH

altus homes limited Estimated Valuation

£565.7k

Pomanda estimates the enterprise value of ALTUS HOMES LIMITED at £565.7k based on a Turnover of £246.3k and 2.3x industry multiple (adjusted for size and gross margin).

altus homes limited Estimated Valuation

£17.1k

Pomanda estimates the enterprise value of ALTUS HOMES LIMITED at £17.1k based on an EBITDA of £2.8k and a 6.05x industry multiple (adjusted for size and gross margin).

altus homes limited Estimated Valuation

£4.3k

Pomanda estimates the enterprise value of ALTUS HOMES LIMITED at £4.3k based on Net Assets of £2.4k and 1.82x industry multiple (adjusted for liquidity).

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Altus Homes Limited Overview

Altus Homes Limited is a live company located in west midlands, B91 3LH with a Companies House number of 00890522. It operates in the management of real estate on a fee or contract basis sector, SIC Code 68320. Founded in October 1966, it's largest shareholder is e&fp holdings limited with a 50% stake. Altus Homes Limited is a mature, micro sized company, Pomanda has estimated its turnover at £246.3k with rapid growth in recent years.

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Altus Homes Limited Health Check

Pomanda's financial health check has awarded Altus Homes Limited a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 8 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating1.5out of 5
positive_score

2 Strong

positive_score

2 Regular

positive_score

8 Weak

size

Size

annual sales of £246.3k, make it smaller than the average company (£414k)

£246.3k - Altus Homes Limited

£414k - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 2463%, show it is growing at a faster rate (6.1%)

2463% - Altus Homes Limited

6.1% - Industry AVG

production

Production

with a gross margin of 58%, this company has a comparable cost of product (58%)

58% - Altus Homes Limited

58% - Industry AVG

profitability

Profitability

an operating margin of 1.2% make it less profitable than the average company (7.7%)

1.2% - Altus Homes Limited

7.7% - Industry AVG

employees

Employees

with 3 employees, this is below the industry average (6)

3 - Altus Homes Limited

6 - Industry AVG

paystructure

Pay Structure

on an average salary of £40k, the company has an equivalent pay structure (£40k)

£40k - Altus Homes Limited

£40k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £82.1k, this is less efficient (£101.5k)

£82.1k - Altus Homes Limited

£101.5k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 56 days, this is later than average (46 days)

56 days - Altus Homes Limited

46 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 121 days, this is slower than average (30 days)

121 days - Altus Homes Limited

30 days - Industry AVG

stockdays

Stock Days

it holds stock equivalent to 24 days, this is more than average (14 days)

24 days - Altus Homes Limited

14 days - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 11 weeks, this is less cash available to meet short term requirements (46 weeks)

11 weeks - Altus Homes Limited

46 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 95.9%, this is a higher level of debt than the average (60.2%)

95.9% - Altus Homes Limited

60.2% - Industry AVG

ALTUS HOMES LIMITED financials

EXPORTms excel logo

Altus Homes Limited's latest turnover from March 2024 is estimated at £246.3 thousand and the company has net assets of £2.4 thousand. According to their latest financial statements, we estimate that Altus Homes Limited has 3 employees and maintains cash reserves of £12.2 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Turnover246,3001515151514141322275,646
Other Income Or Grants
Cost Of Sales103,339555333311178,491
Gross Profit142,961101010121110101197,155
Admin Expenses140,136101010141110108165,810-215,338148,2401,999,751-2,886,166
Operating Profit2,825-23-165,810215,338-148,240-1,999,7512,983,321
Interest Payable
Interest Receivable320
Pre-Tax Profit3,145-23-165,810215,338-148,240-1,999,7512,983,321
Tax-786-49,528-835,330
Profit After Tax2,359-22-165,810165,810-148,240-1,999,7512,147,991
Dividends Paid
Retained Profit2,359-22-165,810165,810-148,240-1,999,7512,147,991
Employee Costs119,89239,42836,77735,12633,70133,10731,78831,74235,347100,242
Number Of Employees3111111113
EBITDA*2,825-23-165,810215,338-148,240-1,999,7512,983,321

* Earnings Before Interest, Tax, Depreciation and Amortisation

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Tangible Assets
Intangible Assets
Investments & Other
Debtors (Due After 1 year)2165,812148,2422,194,726
Total Fixed Assets2165,812148,2422,194,726
Stock & work in progress7,059
Trade Debtors37,8512222222230,713
Group Debtors
Misc Debtors588
Cash12,186
misc current assets
total current assets57,6842222222230,713
total assets57,684222222222165,812148,2422,225,439
Bank overdraft
Bank loan
Trade Creditors 34,27427,448
Group/Directors Accounts2,304
other short term finances
hp & lease commitments
other current liabilities18,745
total current liabilities55,32327,448
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
total long term liabilities
total liabilities55,32327,448
net assets2,361222222222165,812148,2422,197,991
total shareholders funds2,361222222222165,812148,2422,197,991
Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Operating Activities
Operating Profit2,825-23-165,810215,338-148,240-1,999,7512,983,321
Depreciation
Amortisation
Tax-786-49,528-835,330
Stock7,059
Debtors38,437-165,810165,812-148,242-2,077,1972,225,439
Creditors34,274-27,44827,448
Accruals and Deferred Income18,745
Deferred Taxes & Provisions
Cash flow from operations9,562-23-2249,998-50,000
Investing Activities
capital expenditure
Change in Investments
cash flow from investments
Financing Activities
Bank loans
Group/Directors Accounts2,304
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
share issue2-22-2-49,99850,000
interest320
cash flow from financing2,6242-22-2-49,99850,000
cash and cash equivalents
cash12,186
overdraft
change in cash12,186

altus homes 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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Altus Homes Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for altus homes limited by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other micro companies, companies in B91 area or any other competitors across 12 key performance metrics.

altus homes limited Ownership

ALTUS HOMES LIMITED group structure

Altus Homes Limited has no subsidiary companies.

Ultimate parent company

ALTUS HOMES LIMITED

00890522

ALTUS HOMES LIMITED Shareholders

e&fp holdings limited 50%
blythe real estate limited 50%

altus homes limited directors

Altus Homes Limited currently has 2 directors. The longest serving directors include Mr Rupert Parkin (Dec 2008) and Mr Steven Bott (Jul 2023).

officercountryagestartendrole
Mr Rupert ParkinUnited Kingdom44 years Dec 2008- Director
Mr Steven BottEngland39 years Jul 2023- Director

P&L

March 2024

turnover

246.3k

+1614676%

operating profit

2.8k

0%

gross margin

58.1%

-12.96%

turnover

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

Balance Sheet

March 2024

net assets

2.4k

+1179.5%

total assets

57.7k

+28841%

cash

12.2k

0%

net assets

Total assets minus all liabilities

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altus homes limited company details

company number

00890522

Type

Private limited with Share Capital

industry

68320 - Management of real estate on a fee or contract basis

incorporation date

October 1966

age

59

incorporated

UK

ultimate parent company

None

accounts

Total Exemption Full

last accounts submitted

March 2024

previous names

piper land development ltd (April 2024)

d.w.parkin developments limited (December 1986)

accountant

-

auditor

-

address

132 widney lane, solihull, west midlands, B91 3LH

Bank

THE ROYAL BANK OF SCOTLAND PLC

Legal Advisor

-

altus homes 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 16 charges/mortgages relating to altus homes limited. Currently there are 0 open charges and 16 have been satisfied in the past.

altus homes limited 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.

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altus homes limited Companies House Filings - See Documents

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