landford (new homes) limited

landford (new homes) limited Company Information

Share LANDFORD (NEW HOMES) LIMITED
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MatureMicroDeclining

Company Number

02556646

Industry

Development of building projects

 

Shareholders

landford estates ltd

r.j. fitzwilliams

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Group Structure

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Contact

Registered Address

stag gates house, 63-64 the avenue, southampton, SO17 1XS

Website

-

landford (new homes) limited Estimated Valuation

£206.1k

Pomanda estimates the enterprise value of LANDFORD (NEW HOMES) LIMITED at £206.1k based on a Turnover of £403.7k and 0.51x industry multiple (adjusted for size and gross margin).

landford (new homes) limited Estimated Valuation

£0

Pomanda estimates the enterprise value of LANDFORD (NEW HOMES) LIMITED at £0 based on an EBITDA of £-439.3k and a 3.7x industry multiple (adjusted for size and gross margin).

landford (new homes) limited Estimated Valuation

£1.8m

Pomanda estimates the enterprise value of LANDFORD (NEW HOMES) LIMITED at £1.8m based on Net Assets of £1.3m and 1.38x industry multiple (adjusted for liquidity).

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Landford (new Homes) Limited Overview

Landford (new Homes) Limited is a live company located in southampton, SO17 1XS with a Companies House number of 02556646. It operates in the development of building projects sector, SIC Code 41100. Founded in November 1990, it's largest shareholder is landford estates ltd with a 98% stake. Landford (new Homes) Limited is a mature, micro sized company, Pomanda has estimated its turnover at £403.7k with declining growth in recent years.

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Landford (new Homes) Limited Health Check

Pomanda's financial health check has awarded Landford (New Homes) Limited a 2 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 6 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating2out of 5
positive_score

2 Strong

positive_score

2 Regular

positive_score

6 Weak

size

Size

annual sales of £403.7k, make it smaller than the average company (£2.6m)

£403.7k - Landford (new Homes) Limited

£2.6m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -31%, show it is growing at a slower rate (4.8%)

-31% - Landford (new Homes) Limited

4.8% - Industry AVG

production

Production

with a gross margin of 26.6%, this company has a comparable cost of product (26.6%)

26.6% - Landford (new Homes) Limited

26.6% - Industry AVG

profitability

Profitability

an operating margin of -109.2% make it less profitable than the average company (7%)

-109.2% - Landford (new Homes) Limited

7% - Industry AVG

employees

Employees

with 2 employees, this is below the industry average (7)

2 - Landford (new Homes) Limited

7 - Industry AVG

paystructure

Pay Structure

on an average salary of £48.3k, the company has an equivalent pay structure (£48.3k)

£48.3k - Landford (new Homes) Limited

£48.3k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £201.9k, this is less efficient (£299.2k)

£201.9k - Landford (new Homes) Limited

£299.2k - Industry AVG

debtordays

Debtor Days

There is insufficient data available for this Key Performance Indicator!

- - Landford (new Homes) Limited

- - Industry AVG

creditordays

Creditor Days

There is insufficient data available for this Key Performance Indicator!

- - Landford (new Homes) Limited

- - Industry AVG

stockdays

Stock Days

it holds stock equivalent to 23 days, this is less than average (164 days)

23 days - Landford (new Homes) Limited

164 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 (12 weeks)

0 weeks - Landford (new Homes) Limited

12 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 52.5%, this is a lower level of debt than the average (73.2%)

52.5% - Landford (new Homes) Limited

73.2% - Industry AVG

LANDFORD (NEW HOMES) LIMITED financials

EXPORTms excel logo

Landford (New Homes) Limited's latest turnover from December 2023 is estimated at £403.7 thousand and the company has net assets of £1.3 million. According to their latest financial statements, Landford (New Homes) Limited has 2 employees and maintains cash reserves of £1.6 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Dec 2023Dec 2022Apr 2022Apr 2021Apr 2020Apr 2019Apr 2018Apr 2017Apr 2016Apr 2015Apr 2014Apr 2013Apr 2012Apr 2011Apr 2010
Turnover403,728233,3311,368,3421,625,7471,206,2821,016,096626,045225,93902,458,5723,203,5302,126,811649,581883,9811,317,586
Other Income Or Grants000000000000000
Cost Of Sales296,185171,1781,023,9271,238,431887,612722,574439,736155,54301,761,2722,285,5911,501,868470,601645,955938,189
Gross Profit107,54262,153344,415387,315318,670293,523186,30870,3950697,300917,939624,944178,980238,027379,396
Admin Expenses548,237-2,113,741-912,051346,398336,416315,335227,709134,63227,501709,593824,355811,327169,288252,365-177,814
Operating Profit-440,6952,175,8941,256,46640,917-17,746-21,812-41,401-64,237-27,501-12,29393,584-186,3839,692-14,338557,210
Interest Payable3,28970,12050,05660,59116,6160000000000
Interest Receivable5,9004,1144,6751671642245323481,0991,9252,5352,0281,5471,258330
Pre-Tax Profit-438,0842,109,8881,211,085-19,506-34,198-21,588-40,869-63,889-26,402-10,36896,119-184,35511,239-13,080557,540
Tax0-400,879-230,1060000000-20,1850-2,6970-156,111
Profit After Tax-438,0841,709,009980,979-19,506-34,198-21,588-40,869-63,889-26,402-10,36875,934-184,3558,542-13,080401,429
Dividends Paid000000000000000
Retained Profit-438,0841,709,009980,979-19,506-34,198-21,588-40,869-63,889-26,402-10,36875,934-184,3558,542-13,080401,429
Employee Costs96,55292,29489,30286,89486,34785,09683,65282,5440352,097439,587288,279106,421137,026235,358
Number Of Employees2222222209128347
EBITDA*-439,2522,176,9631,257,81243,406-17,146-21,112-40,581-63,267-26,361-10,99395,184-184,48311,892-11,747560,244

* Earnings Before Interest, Tax, Depreciation and Amortisation

Dec 2023Dec 2022Apr 2022Apr 2021Apr 2020Apr 2019Apr 2018Apr 2017Apr 2016Apr 2015Apr 2014Apr 2013Apr 2012Apr 2011Apr 2010
Tangible Assets8,1749,61710,6862,8653,3703,9704,6705,4906,4607,6008,90010,50012,40014,60017,191
Intangible Assets000000000000000
Investments & Other222223333310000
Debtors (Due After 1 year)000000000000000
Total Fixed Assets8,1769,61910,6882,8673,3723,9734,6735,4936,4637,6038,90110,50012,40014,60017,191
Stock & work in progress19,26901,993,9872,896,4081,951,8251,646,2431,550,36700347,06579,1410121,73695,81641,148
Trade Debtors0000004,2272,0270129,392273,66080,06080,06071,951230,891
Group Debtors2,792,5133,263,918000007,20274,745000000
Misc Debtors7,305301,0000294,284101,456101,456377,906142,906210,295000000
Cash1,589223,1821,234,78311,909322,7345,82454,036158,597120,126319,527450,350563,769247,558371,319132,064
misc current assets000000000000000
total current assets2,820,6763,788,1003,228,7703,202,6012,376,0151,753,5231,986,536310,732405,166795,984803,151643,829449,354539,086404,103
total assets2,828,8523,797,7193,239,4583,205,4682,379,3871,757,4961,991,209316,225411,629803,587812,052654,329461,754553,686421,294
Bank overdraft000000000000000
Bank loan10,38210,38210,648000000000000
Trade Creditors 01,1000000000525,385523,482441,69364,763165,23719,765
Group/Directors Accounts115,544115,544536,401406,514507,886450,417465,369124,700157,729000000
other short term finances000000000000000
hp & lease commitments000000000000000
other current liabilities1,346,5881,865,8891,608,9801,285,4111,235,4611,181,6251,378,7983,6142,100000000
total current liabilities1,472,5141,992,9152,156,0291,691,9251,743,3471,632,0421,844,167128,314159,829525,385523,482441,69364,763165,23719,765
loans13,66324,04530,7001,441,793544,7840000000000
hp & lease commitments000000000000000
Accruals and Deferred Income000000000000000
other liabilities000000000000000
provisions000000000000000
total long term liabilities13,66324,04530,7001,441,793544,7840000000000
total liabilities1,486,1772,016,9602,186,7293,133,7182,288,1311,632,0421,844,167128,314159,829525,385523,482441,69364,763165,23719,765
net assets1,342,6751,780,7591,052,72971,75091,256125,454147,042187,911251,800278,202288,570212,636396,991388,449401,529
total shareholders funds1,342,6751,780,7591,052,72971,75091,256125,454147,042187,911251,800278,202288,570212,636396,991388,449401,529
Dec 2023Dec 2022Apr 2022Apr 2021Apr 2020Apr 2019Apr 2018Apr 2017Apr 2016Apr 2015Apr 2014Apr 2013Apr 2012Apr 2011Apr 2010
Operating Activities
Operating Profit-440,6952,175,8941,256,46640,917-17,746-21,812-41,401-64,237-27,501-12,29393,584-186,3839,692-14,338557,210
Depreciation1,4431,0691,3462,4896007008209701,1401,3001,6001,9002,2002,5913,034
Amortisation000000000000000
Tax0-400,879-230,1060000000-20,1850-2,6970-156,111
Stock19,269-2,896,408-902,421944,583305,58295,8761,550,3670-347,065267,92479,141-121,73625,92054,66841,148
Debtors-765,1003,270,634-294,284192,8280-280,677229,998-132,905155,648-144,268193,60008,109-158,940230,891
Creditors-1,1001,100000000-525,3851,90381,789376,930-100,474145,47219,765
Accruals and Deferred Income-519,301580,478323,56949,95053,836-197,1731,375,1841,5142,100000000
Deferred Taxes & Provisions000000000000000
Cash flow from operations-213,8221,983,4362,547,980-1,044,055-268,892-33,484-445,76271,152-358,229-132,746-115,953314,183-125,308237,997151,859
Investing Activities
capital expenditure0-7,821-9,167-1,9840000000000-20,225
Change in Investments0000-10000210000
cash flow from investments0-7,821-9,167-1,98410000-2-1000-20,225
Financing Activities
Bank loans010,38210,648000000000000
Group/Directors Accounts0-290,970129,887-101,37257,469-14,952340,669-33,029157,729000000
Other Short Term Loans 000000000000000
Long term loans-10,382-1,417,748-1,411,093897,009544,7840000000000
Hire Purchase and Lease Commitments000000000000000
other long term liabilities000000000000000
share issue00000000000000100
interest2,611-66,006-45,381-60,424-16,4522245323481,0991,9252,5352,0281,5471,258330
cash flow from financing-7,771-1,764,342-1,315,939735,213585,801-14,728341,201-32,681158,8281,9252,5352,0281,5471,258430
cash and cash equivalents
cash-221,593211,2731,222,874-310,825316,910-48,212-104,56138,471-199,401-130,823-113,419316,211-123,761239,255132,064
overdraft000000000000000
change in cash-221,593211,2731,222,874-310,825316,910-48,212-104,56138,471-199,401-130,823-113,419316,211-123,761239,255132,064

landford (new 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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Landford (new Homes) Limited Competitor Analysis

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Perform a competitor analysis for landford (new homes) limited by selecting its closest rivals, whether from the CONSTRUCTION sector, other micro companies, companies in SO17 area or any other competitors across 12 key performance metrics.

landford (new homes) limited Ownership

LANDFORD (NEW HOMES) LIMITED group structure

Landford (New Homes) Limited has 2 subsidiary companies.

Ultimate parent company

1 parent

LANDFORD (NEW HOMES) LIMITED

02556646

2 subsidiaries

LANDFORD (NEW HOMES) LIMITED Shareholders

landford estates ltd 98%
r.j. fitzwilliams 1%
p.r. fitzwilliams 1%

landford (new homes) limited directors

Landford (New Homes) Limited currently has 2 directors. The longest serving directors include Mr Piers Fitzwilliams (Nov 1992) and Mr Rory Fitzwilliams (Nov 1992).

officercountryagestartendrole
Mr Piers Fitzwilliams64 years Nov 1992- Director
Mr Rory Fitzwilliams63 years Nov 1992- Director

P&L

December 2023

turnover

403.7k

+73%

operating profit

-440.7k

0%

gross margin

26.7%

0%

turnover

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

Balance Sheet

December 2023

net assets

1.3m

-0.25%

total assets

2.8m

-0.26%

cash

1.6k

-0.99%

net assets

Total assets minus all liabilities

landford (new homes) limited company details

company number

02556646

Type

Private limited with Share Capital

industry

41100 - Development of building projects

incorporation date

November 1990

age

35

incorporated

UK

ultimate parent company

accounts

Total Exemption Full

last accounts submitted

December 2023

previous names

landford land limited (October 1998)

sheriol seven limited (March 1991)

accountant

-

auditor

-

address

stag gates house, 63-64 the avenue, southampton, SO17 1XS

Bank

-

Legal Advisor

-

landford (new 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 11 charges/mortgages relating to landford (new homes) limited. Currently there are 2 open charges and 9 have been satisfied in the past.

landford (new 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.

Click to start generating capital raising & share issue transactions for LANDFORD (NEW HOMES) LIMITED. This can take several minutes, an email will notify you when this has completed.

landford (new homes) limited Companies House Filings - See Documents

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