oldman homes limited
oldman homes limited Company Information
Company Number
03006852
Next Accounts
Oct 2025
Shareholders
philip oldman
Group Structure
View All
Industry
Development of building projects
Registered Address
13 the close, norwich, NR1 4DS
Website
www.oldmanhomes.co.ukoldman homes limited Estimated Valuation
Pomanda estimates the enterprise value of OLDMAN HOMES LIMITED at £740.4k based on a Turnover of £1.5m and 0.49x industry multiple (adjusted for size and gross margin).
oldman homes limited Estimated Valuation
Pomanda estimates the enterprise value of OLDMAN HOMES LIMITED at £0 based on an EBITDA of £-48.4k and a 3.91x industry multiple (adjusted for size and gross margin).
oldman homes limited Estimated Valuation
Pomanda estimates the enterprise value of OLDMAN HOMES LIMITED at £6.3m based on Net Assets of £4.4m and 1.41x industry multiple (adjusted for liquidity).
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Oldman Homes Limited Overview
Oldman Homes Limited is a live company located in norwich, NR1 4DS with a Companies House number of 03006852. It operates in the development of building projects sector, SIC Code 41100. Founded in January 1995, it's largest shareholder is philip oldman with a 100% stake. Oldman Homes Limited is a mature, small sized company, Pomanda has estimated its turnover at £1.5m with healthy growth in recent years.
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Oldman Homes Limited Health Check
Pomanda's financial health check has awarded Oldman Homes Limited a 5 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
5 Strong
2 Regular
5 Weak
Size
annual sales of £1.5m, make it smaller than the average company (£2.2m)
- Oldman Homes Limited
£2.2m - Industry AVG
Growth
3 year (CAGR) sales growth of 4%, show it is growing at a slower rate (5.5%)
- Oldman Homes Limited
5.5% - Industry AVG
Production
with a gross margin of 26.3%, this company has a comparable cost of product (26.3%)
- Oldman Homes Limited
26.3% - Industry AVG
Profitability
an operating margin of -3.9% make it less profitable than the average company (7.4%)
- Oldman Homes Limited
7.4% - Industry AVG
Employees
with 4 employees, this is below the industry average (6)
4 - Oldman Homes Limited
6 - Industry AVG
Pay Structure
on an average salary of £47.5k, the company has an equivalent pay structure (£47.5k)
- Oldman Homes Limited
£47.5k - Industry AVG
Efficiency
resulting in sales per employee of £374.3k, this is more efficient (£272k)
- Oldman Homes Limited
£272k - Industry AVG
Debtor Days
it gets paid by customers after 14 days, this is earlier than average (28 days)
- Oldman Homes Limited
28 days - Industry AVG
Creditor Days
its suppliers are paid after 34 days, this is slower than average (31 days)
- Oldman Homes Limited
31 days - Industry AVG
Stock Days
it holds stock equivalent to 1306 days, this is more than average (177 days)
- Oldman Homes Limited
177 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 21 weeks, this is more cash available to meet short term requirements (11 weeks)
21 weeks - Oldman Homes Limited
11 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 21.7%, this is a lower level of debt than the average (73.4%)
21.7% - Oldman Homes Limited
73.4% - Industry AVG
OLDMAN HOMES LIMITED financials
Oldman Homes Limited's latest turnover from January 2024 is estimated at £1.5 million and the company has net assets of £4.4 million. According to their latest financial statements, Oldman Homes Limited has 4 employees and maintains cash reserves of £505.1 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jan 2024 | Jan 2023 | Jan 2022 | Jan 2021 | Jan 2020 | Jan 2019 | Jan 2018 | Jan 2017 | Jan 2016 | Jan 2015 | Jan 2014 | Jan 2013 | Jan 2012 | Jan 2011 | Jan 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | |||||||||||||||
| Other Income Or Grants | |||||||||||||||
| Cost Of Sales | |||||||||||||||
| Gross Profit | |||||||||||||||
| Admin Expenses | |||||||||||||||
| Operating Profit | |||||||||||||||
| Interest Payable | |||||||||||||||
| Interest Receivable | |||||||||||||||
| Pre-Tax Profit | |||||||||||||||
| Tax | |||||||||||||||
| Profit After Tax | |||||||||||||||
| Dividends Paid | |||||||||||||||
| Retained Profit | |||||||||||||||
| Employee Costs | |||||||||||||||
| Number Of Employees | 4 | 4 | 7 | 7 | 7 | 6 | 6 | 6 | 6 | ||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jan 2024 | Jan 2023 | Jan 2022 | Jan 2021 | Jan 2020 | Jan 2019 | Jan 2018 | Jan 2017 | Jan 2016 | Jan 2015 | Jan 2014 | Jan 2013 | Jan 2012 | Jan 2011 | Jan 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 31,852 | 42,317 | 56,539 | 44,843 | 20,854 | 26,817 | 33,218 | 37,711 | 49,031 | 9,405 | 12,461 | 15,374 | 12,094 | 17,341 | 22,679 |
| Intangible Assets | |||||||||||||||
| Investments & Other | 245,611 | 245,611 | 245,611 | 245,612 | 245,612 | 245,612 | 1 | 1 | 1 | 50 | |||||
| Debtors (Due After 1 year) | 5,975 | 1,243,272 | 1,292,739 | 1,087,242 | |||||||||||
| Total Fixed Assets | 283,438 | 287,928 | 302,150 | 290,455 | 266,466 | 272,429 | 33,219 | 37,712 | 49,032 | 1,252,677 | 1,305,200 | 1,102,666 | 12,094 | 17,341 | 22,679 |
| Stock & work in progress | 3,948,681 | 2,534,807 | 2,012,952 | 1,743,646 | 2,198,489 | 1,621,307 | 2,080,683 | 1,304,886 | 1,219,217 | 461,326 | 684,612 | 489,365 | 477,382 | 552,627 | 557,252 |
| Trade Debtors | 58,529 | 51,158 | 119,385 | 15,840 | 6,019 | 22,087 | 473 | 215 | 513,916 | 78,031 | 245,502 | 48,729 | 1,025,796 | 1,064,430 | 167,326 |
| Group Debtors | 238,500 | 270,432 | 263,682 | 256,932 | 27,191 | ||||||||||
| Misc Debtors | 859,799 | 1,305,064 | 1,929,411 | 1,133,929 | 834,919 | 786,819 | 884,086 | 862,996 | 924,881 | ||||||
| Cash | 505,085 | 939,006 | 412,241 | 1,036,984 | 370,680 | 676,220 | 83,165 | 494,531 | 625,542 | 692,449 | 141,860 | 675,467 | 514,620 | 593,365 | 1,503,166 |
| misc current assets | |||||||||||||||
| total current assets | 5,372,094 | 4,830,035 | 4,473,989 | 3,930,399 | 3,648,607 | 3,376,865 | 3,312,089 | 2,919,560 | 3,310,747 | 1,231,806 | 1,071,974 | 1,213,561 | 2,017,798 | 2,210,422 | 2,227,744 |
| total assets | 5,655,532 | 5,117,963 | 4,776,139 | 4,220,854 | 3,915,073 | 3,649,294 | 3,345,308 | 2,957,272 | 3,359,779 | 2,484,483 | 2,377,174 | 2,316,227 | 2,029,892 | 2,227,763 | 2,250,423 |
| Bank overdraft | 145,000 | 370,000 | 292,000 | 450,000 | |||||||||||
| Bank loan | 495,000 | ||||||||||||||
| Trade Creditors | 104,395 | 155,171 | 162,071 | 222,784 | 102,809 | 78,505 | 425,579 | 74,503 | 264,843 | 92,826 | 126,650 | 69,151 | 399,891 | 456,839 | 524,554 |
| Group/Directors Accounts | 90,206 | 14,050 | 2,212 | 33,796 | |||||||||||
| other short term finances | |||||||||||||||
| hp & lease commitments | 12,465 | 7,386 | |||||||||||||
| other current liabilities | 1,099,926 | 480,371 | 381,071 | 559,249 | 506,305 | 292,173 | 154,769 | 85,372 | 94,367 | ||||||
| total current liabilities | 1,216,786 | 642,928 | 543,142 | 782,033 | 754,114 | 830,884 | 872,348 | 609,875 | 854,210 | 92,826 | 126,650 | 83,201 | 402,103 | 490,635 | 524,554 |
| loans | |||||||||||||||
| hp & lease commitments | 12,466 | ||||||||||||||
| Accruals and Deferred Income | |||||||||||||||
| other liabilities | 19,853 | 26,862 | 5,867 | 11,463 | 21,946 | 6,875 | |||||||||
| provisions | 7,842 | 10,579 | 14,135 | 8,520 | 3,962 | 5,095 | 6,552 | 7,431 | 9,671 | 566 | 888 | 926 | 2,499 | 970 | |
| total long term liabilities | 7,842 | 23,045 | 33,988 | 35,382 | 3,962 | 5,095 | 12,419 | 18,894 | 31,617 | 566 | 888 | 926 | 2,499 | 7,845 | |
| total liabilities | 1,224,628 | 665,973 | 577,130 | 817,415 | 758,076 | 835,979 | 884,767 | 628,769 | 885,827 | 93,392 | 127,538 | 84,127 | 402,103 | 493,134 | 532,399 |
| net assets | 4,430,904 | 4,451,990 | 4,199,009 | 3,403,439 | 3,156,997 | 2,813,315 | 2,460,541 | 2,328,503 | 2,473,952 | 2,391,091 | 2,249,636 | 2,232,100 | 1,627,789 | 1,734,629 | 1,718,024 |
| total shareholders funds | 4,430,904 | 4,451,990 | 4,199,009 | 3,403,439 | 3,156,997 | 2,813,315 | 2,460,541 | 2,328,503 | 2,473,952 | 2,391,091 | 2,249,636 | 2,232,100 | 1,627,789 | 1,734,629 | 1,718,024 |
| Jan 2024 | Jan 2023 | Jan 2022 | Jan 2021 | Jan 2020 | Jan 2019 | Jan 2018 | Jan 2017 | Jan 2016 | Jan 2015 | Jan 2014 | Jan 2013 | Jan 2012 | Jan 2011 | Jan 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | |||||||||||||||
| Depreciation | 10,546 | 15,412 | 18,991 | 14,903 | 6,642 | 8,906 | 11,198 | 12,520 | 6,209 | 3,056 | 4,055 | 4,785 | 4,502 | 5,588 | 2,319 |
| Amortisation | |||||||||||||||
| Tax | |||||||||||||||
| Stock | 1,413,874 | 521,855 | 269,306 | -454,843 | 577,182 | -459,376 | 775,797 | 85,669 | 757,891 | -223,286 | 195,247 | 11,983 | -75,245 | -4,625 | 557,252 |
| Debtors | -431,919 | -692,574 | 899,027 | 70,331 | 100 | -68,903 | 28,098 | -345,845 | 144,685 | -216,938 | 402,270 | 110,175 | -38,634 | 897,104 | 167,326 |
| Creditors | -50,776 | -6,900 | -60,713 | 119,975 | 24,304 | -347,074 | 351,076 | -190,340 | 172,017 | -33,824 | 57,499 | -330,740 | -56,948 | -67,715 | 524,554 |
| Accruals and Deferred Income | 619,555 | 99,300 | -178,178 | 52,944 | 214,132 | 137,404 | 69,397 | -8,995 | 94,367 | ||||||
| Deferred Taxes & Provisions | -2,737 | -3,556 | 5,615 | 4,558 | -1,133 | -1,457 | -879 | -2,240 | 9,105 | -322 | -38 | 926 | -2,499 | 1,529 | 970 |
| Cash flow from operations | |||||||||||||||
| Investing Activities | |||||||||||||||
| capital expenditure | |||||||||||||||
| Change in Investments | -1 | 245,611 | 1 | -50 | 50 | ||||||||||
| cash flow from investments | |||||||||||||||
| Financing Activities | |||||||||||||||
| Bank loans | -495,000 | 495,000 | |||||||||||||
| Group/Directors Accounts | -90,206 | 90,206 | -14,050 | 11,838 | -31,584 | 33,796 | |||||||||
| Other Short Term Loans | |||||||||||||||
| Long term loans | |||||||||||||||
| Hire Purchase and Lease Commitments | -7,387 | 19,852 | |||||||||||||
| other long term liabilities | -19,853 | -7,009 | 26,862 | -5,867 | -5,596 | -10,483 | 21,946 | -6,875 | 6,875 | ||||||
| share issue | |||||||||||||||
| interest | |||||||||||||||
| cash flow from financing | |||||||||||||||
| cash and cash equivalents | |||||||||||||||
| cash | -433,921 | 526,765 | -624,743 | 666,304 | -305,540 | 593,055 | -411,366 | -131,011 | -66,907 | 550,589 | -533,607 | 160,847 | -78,745 | -909,801 | 1,503,166 |
| overdraft | -145,000 | -225,000 | 78,000 | -158,000 | 450,000 | ||||||||||
| change in cash | -433,921 | 526,765 | -624,743 | 811,304 | -80,540 | 515,055 | -253,366 | -581,011 | -66,907 | 550,589 | -533,607 | 160,847 | -78,745 | -909,801 | 1,503,166 |
oldman homes limited Credit Report and Business Information
Oldman Homes Limited Competitor Analysis
Perform a competitor analysis for oldman homes limited by selecting its closest rivals, whether from the CONSTRUCTION sector, other small companies, companies in NR1 area or any other competitors across 12 key performance metrics.
oldman homes limited Ownership
OLDMAN HOMES LIMITED group structure
Oldman Homes Limited has no subsidiary companies.
Ultimate parent company
OLDMAN HOMES LIMITED
03006852
oldman homes limited directors
Oldman Homes Limited currently has 4 directors. The longest serving directors include Mr Philip Oldman (Jan 1995) and Mr Andrew Oldman (Jan 2002).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Philip Oldman | United Kingdom | 74 years | Jan 1995 | - | Director |
| Mr Andrew Oldman | England | 45 years | Jan 2002 | - | Director |
| Ms Lynn Oldman | United Kingdom | 66 years | Dec 2002 | - | Director |
| Claire Dale | England | 47 years | Dec 2002 | - | Director |
P&L
January 2024turnover
1.5m
+8%
operating profit
-59k
0%
gross margin
26.3%
+1.84%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
January 2024net assets
4.4m
0%
total assets
5.7m
+0.11%
cash
505.1k
-0.46%
net assets
Total assets minus all liabilities
oldman homes limited company details
company number
03006852
Type
Private limited with Share Capital
industry
41100 - Development of building projects
incorporation date
January 1995
age
30
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
January 2024
previous names
long meadow developments limited (June 2000)
accountant
-
auditor
-
address
13 the close, norwich, NR1 4DS
Bank
-
Legal Advisor
-
oldman 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 20 charges/mortgages relating to oldman homes limited. Currently there are 4 open charges and 16 have been satisfied in the past.
oldman 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 OLDMAN HOMES LIMITED. This can take several minutes, an email will notify you when this has completed.
oldman homes limited Companies House Filings - See Documents
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