First Home Developments Limited

POWER SEARCH PRICING

SOLUTIONS

first home developments limited Company Information

Live

MatureMicroHigh

Company Number

02110956

Website

Registered Address

avebury house 6 st peter street, winchester, hampshire, SO23 8BN

Industry

Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.

Telephone

Next Accounts Due

December 2024

Group Structure

View All

Directors

Jayne Bell33 Years

Ian Bell30 Years

Shareholders

jayne bell 47.3%

ian thomas bell 47.3%

View All

first home developments limited Estimated Valuation

£755.4k

Pomanda estimates the enterprise value of FIRST HOME DEVELOPMENTS LIMITED at £755.4k based on Net Assets of £466.3k and 1.62x industry multiple (adjusted for liquidity).

Edit your figures and get a professional valuation report.

First Home Developments Limited is a live company located in hampshire, SO23 8BN with a Companies House number of 02110956. It operates in the other letting and operating of own or leased real estate sector, SIC Code 68209. Founded in March 1987, it's largest shareholder is jayne bell with a 47.3% stake. First Home Developments Limited is a mature, micro sized company, Pomanda has estimated its turnover at £198.9k with high growth in recent years.

View Sample

Upgrade for unlimited company reports & a free credit check

Pomanda's financial health check has awarded First Home Developments Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 5 areas for improvement. Company Health Check FAQs

Health Rating3out of 5

3 Strong

2 Regular

5 Weak

Size

annual sales of £198.9k, make it smaller than the average company (£799k)

Growth

3 year (CAGR) sales growth of 23%, show it is growing at a faster rate (1.9%)

EXPORT

First Home Developments Limited's latest turnover from March 2023 is estimated at £198.9 thousand and the company has net assets of £466.3 thousand. According to their latest financial statements, First Home Developments Limited has 2 employees and maintains cash reserves of £28.7 thousand as reported in the balance sheet.

Data source: Companies House, Pomanda Estimates

	Mar 2023	Mar 2022	Mar 2021	Mar 2020	Mar 2019	Mar 2018	Mar 2017	Mar 2016	Mar 2015	Mar 2014	Mar 2013	Mar 2012	Mar 2011	Mar 2010
Turnover	198,855	169,966	154,919	106,998	98,112	149,728	142,714	645,581	71,175	65,968	72,077	56,331	57,123	57,913
Other Income Or Grants	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Cost Of Sales	49,660	43,319	38,383	27,406	25,645	37,432	35,938	181,842	23,674	21,253	22,004	17,189	18,256	17,754
Gross Profit	149,195	126,647	116,536	79,593	72,467	112,296	106,776	463,740	47,501	44,715	50,073	39,142	38,867	40,158
Admin Expenses	117,790	95,197	66,233	49,734	43,730	94,851	65,146	449,431	15,727	44,263	20,289	30,121	46,386	67,580
Operating Profit	31,405	31,450	50,303	29,859	28,737	17,445	41,630	14,309	31,774	452	29,784	9,021	-7,519	-27,422
Interest Payable	12,039	8,579	8,307	12,979	19,751	19,785	19,668	18,532	16,495	15,935	15,100	15,100	15,100	7,550
Interest Receivable	1,323	227	19	6	15	45	20	21	24	3	0	2	4	2
Pre-Tax Profit	20,689	23,099	42,015	16,886	9,001	-2,295	21,981	-4,202	15,303	-15,480	14,684	-6,076	-22,614	-34,970
Tax	-3,931	-4,389	-7,983	-3,208	-1,710	0	-4,396	0	-3,214	0	-3,524	0	0	0
Profit After Tax	16,758	18,710	34,032	13,678	7,291	-2,295	17,585	-4,202	12,089	-15,480	11,160	-6,076	-22,614	-34,970
Dividends Paid	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Retained Profit	16,758	18,710	34,032	13,678	7,291	-2,295	17,585	-4,202	12,089	-15,480	11,160	-6,076	-22,614	-34,970
Employee Costs	60,747	57,583	53,668	54,785	54,115	51,867	51,104	52,064	26,000	24,766	23,883	23,868	23,251	24,338
Number Of Employees	2	2	2	2	2	2	2	2	1	1	1	1	1	1
EBITDA*	31,405	31,450	50,303	29,859	28,737	17,445	41,630	14,309	31,774	452	29,784	15,362	-1,178	-21,078

* Earnings Before Interest, Tax, Depreciation and Amortisation

	Mar 2023	Mar 2022	Mar 2021	Mar 2020	Mar 2019	Mar 2018	Mar 2017	Mar 2016	Mar 2015	Mar 2014	Mar 2013	Mar 2012	Mar 2011	Mar 2010
Tangible Assets	0	0	0	0	140,000	140,000	125,000	125,000	125,000	125,000	115,000	115,000	107,796	114,137
Intangible Assets	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Investments & Other	750,000	640,000	620,000	500,000	500,000	500,000	440,000	316,447	335,000	335,000	310,000	310,000	287,735	287,735
Debtors (Due After 1 year)	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Total Fixed Assets	750,000	640,000	620,000	500,000	640,000	640,000	565,000	441,447	460,000	460,000	425,000	425,000	395,531	401,872
Stock & work in progress	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Trade Debtors	0	0	0	3,450	2,250	0	0	82,219	854	822	1,193	710	671	611
Group Debtors	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Misc Debtors	3,732	2,305	2,670	3,018	1,302	2,233	958	0	0	0	0	0	0	0
Cash	28,720	33,531	27,116	10,348	2,064	2,063	16,039	79	8,495	1,116	0	77	906	702
misc current assets	0	0	0	0	0	0	0	0	0	0	0	0	0	0
total current assets	32,452	35,836	29,786	16,816	5,616	4,296	16,997	82,298	9,349	1,938	1,193	787	1,577	1,313
total assets	782,452	675,836	649,786	516,816	645,616	644,296	581,997	523,745	469,349	461,938	426,193	425,787	397,108	403,185
Bank overdraft	83,359	89,655	96,357	101,914	19,121	19,330	13,173	0	0	0	0	0	0	0
Bank loan	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Trade Creditors	7,093	6,255	5,528	12,163	6,946	5,155	3,115	1,495	73,789	70,010	79,485	67,239	69,735	74,756
Group/Directors Accounts	0	0	0	0	0	0	0	0	0	0	0	0	0	0
other short term finances	0	0	0	0	0	0	0	0	0	0	0	0	0	0
hp & lease commitments	0	0	0	0	0	0	0	0	0	0	0	0	0	0
other current liabilities	78,270	89,728	93,370	99,368	102,309	95,151	90,117	78,309	0	0	0	0	0	0
total current liabilities	168,722	185,638	195,255	213,445	128,376	119,636	106,405	79,804	73,789	70,010	79,485	67,239	69,735	74,756
loans	29,337	32,561	35,608	38,479	266,024	280,736	295,539	320,678	249,543	258,000	232,300	232,300	232,300	232,300
hp & lease commitments	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Accruals and Deferred Income	0	0	0	0	0	0	0	0	0	0	0	0	0	0
other liabilities	0	0	0	0	0	0	0	0	0	0	0	0	0	0
provisions	118,124	68,876	65,072	42,273	42,275	42,274	44,512	36,671	0	0	0	23,000	21,558	0
total long term liabilities	147,461	101,437	100,680	80,752	308,299	323,010	340,051	357,349	249,543	258,000	232,300	255,300	253,858	232,300
total liabilities	316,183	287,075	295,935	294,197	436,675	442,646	446,456	437,153	323,332	328,010	311,785	322,539	323,593	307,056
net assets	466,269	388,761	353,851	222,619	208,941	201,650	135,541	86,592	146,017	133,928	114,408	103,248	73,515	96,129
total shareholders funds	466,269	388,761	353,851	222,619	208,941	201,650	135,541	86,592	146,017	133,928	114,408	103,248	73,515	96,129

	Mar 2023	Mar 2022	Mar 2021	Mar 2020	Mar 2019	Mar 2018	Mar 2017	Mar 2016	Mar 2015	Mar 2014	Mar 2013	Mar 2012	Mar 2011	Mar 2010
Operating Activities
Operating Profit	31,405	31,450	50,303	29,859	28,737	17,445	41,630	14,309	31,774	452	29,784	9,021	-7,519	-27,422
Depreciation	0	0	0	0	0	0	0	0	0	0	0	6,341	6,341	6,344
Amortisation	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Tax	-3,931	-4,389	-7,983	-3,208	-1,710	0	-4,396	0	-3,214	0	-3,524	0	0	0
Stock	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Debtors	1,427	-365	-3,798	2,916	1,319	1,275	-81,261	81,365	32	-371	483	39	60	611
Creditors	838	727	-6,635	5,217	1,791	2,040	1,620	-72,294	3,779	-9,475	12,246	-2,496	-5,021	74,756
Accruals and Deferred Income	-11,458	-3,642	-5,998	-2,941	7,158	5,034	11,808	78,309	0	0	0	0	0	0
Deferred Taxes & Provisions	49,248	3,804	22,799	-2	1	-2,238	7,841	36,671	0	0	-23,000	1,442	21,558	0
Cash flow from operations	64,675	28,315	56,284	26,009	34,658	21,006	139,764	-24,370	32,307	-8,652	15,023	14,269	15,299	53,067
Investing Activities
capital expenditure	0	0	0	140,000	0	-15,000	0	0	0	-10,000	0	-13,545	0	-120,481
Change in Investments	110,000	20,000	120,000	0	0	60,000	123,553	-18,553	0	25,000	0	22,265	0	287,735
cash flow from investments	-110,000	-20,000	-120,000	140,000	0	-75,000	-123,553	18,553	0	-35,000	0	-35,810	0	-408,216
Financing Activities
Bank loans	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Group/Directors Accounts	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Other Short Term Loans	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Long term loans	-3,224	-3,047	-2,871	-227,545	-14,712	-14,803	-25,139	71,135	-8,457	25,700	0	0	0	232,300
Hire Purchase and Lease Commitments	0	0	0	0	0	0	0	0	0	0	0	0	0	0
other long term liabilities	0	0	0	0	0	0	0	0	0	0	0	0	0	0
share issue	60,750	16,200	97,200	0	0	68,404	31,364	-55,223	0	35,000	0	35,809	0	131,099
interest	-10,716	-8,352	-8,288	-12,973	-19,736	-19,740	-19,648	-18,511	-16,471	-15,932	-15,100	-15,098	-15,096	-7,548
cash flow from financing	46,810	4,801	86,041	-240,518	-34,448	33,861	-13,423	-2,599	-24,928	44,768	-15,100	20,711	-15,096	355,851
cash and cash equivalents
cash	-4,811	6,415	16,768	8,284	1	-13,976	15,960	-8,416	7,379	1,116	-77	-829	204	702
overdraft	-6,296	-6,702	-5,557	82,793	-209	6,157	13,173	0	0	0	0	0	0	0
change in cash	1,485	13,117	22,325	-74,509	210	-20,133	2,787	-8,416	7,379	1,116	-77	-829	204	702

Very Low Risk70 - 100

Low Risk50 - 70

Moderate Risk30 - 50

High Risk20 - 30

Very High Risk0 - 20

Get a comprehensive credit check for first home developments limited. Get real-time insights into first home developments limited's credit score, group structure and payment trends.

From as little as £6.99

This will not impact your credit rating!

View Credit Report Sample

Perform a competitor analysis for first home developments limited by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other micro companies, companies in SO23 area or any other competitors across 12 key performance metrics.

FIRST HOME DEVELOPMENTS LIMITED group structure

First Home Developments Limited has no subsidiary companies.

Ultimate parent company

FIRST HOME DEVELOPMENTS LIMITED

02110956

FIRST HOME DEVELOPMENTS LIMITED Shareholders

jayne bell	47.3%
ian thomas bell	47.3%
lucie emma bell	5.4%

First Home Developments Limited currently has 2 directors. The longest serving directors include Ms Jayne Bell (Dec 1990) and Mr Ian Bell (Sep 1994).

officer	country	age	start	end	role
Ms Jayne Bell		67 years	Dec 1990	-	Director
Mr Ian Bell		68 years	Sep 1994	-	Director

P&L

March 2023

turnover

198.9k

+17%

operating profit

31.4k

gross margin

75.1%

+0.69%

turnover

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

Balance Sheet

March 2023

net assets

466.3k

+0.2%

total assets

782.5k

+0.16%

cash

28.7k

-0.14%

net assets

Total assets minus all liabilities

Similar Companies

jia property limited

2.5

kjn developments (alton) limited

kinghorn properties limited

sv property limited

the rabbit catchers stables ltd

company number

02110956

Type

Private limited with Share Capital

industry

68209 - Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.

incorporation date

March 1987

ultimate parent company

None

previous names

genlad limited (May 1987)

address

avebury house 6 st peter street, winchester, hampshire, SO23 8BN

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 first home developments limited. Currently there are 1 open charges and 10 have been satisfied in the past.

first home developments limited Company Information

first home developments limited Estimated Valuation

first home developments limited Estimated Valuation

first home developments limited Estimated Valuation

First Home Developments Limited Overview

First Home Developments Limited Health Check

FIRST HOME DEVELOPMENTS LIMITED financials

first home developments limited Credit Report and Business Information

First Home Developments Limited Competitor Analysis

first home developments limited Ownership

first home developments limited directors

first home developments limited company details

first home developments limited Charges & Mortgages

first home developments limited Companies House Filings - See Documents