Homespeedy Limited

POWER SEARCH PRICING

SOLUTIONS

homespeedy limited Company Information

Company Number

03060087

Next Accounts

Feb 2025

Directors

Oliver Hale

Loraine Hale

Shareholders

oliver grant hale

loraine ann hale

Group Structure

View All

Industry

Management of real estate on a fee or contract basis

Registered Address

cherryhayes monkton barn, pinn lane pinhoe, exeter, devon, EX1 3RG

Website

www.ohproperty.co.uk

homespeedy limited Estimated Valuation

£674k

Pomanda estimates the enterprise value of HOMESPEEDY LIMITED at £674k based on Net Assets of £391.3k and 1.72x industry multiple (adjusted for liquidity).

Edit your figures and get a professional valuation report.

Homespeedy Limited is a live company located in exeter, EX1 3RG with a Companies House number of 03060087. It operates in the buying and selling of own real estate sector, SIC Code 68100. Founded in May 1995, it's largest shareholder is oliver grant hale with a 50.2% stake. Homespeedy Limited is a mature, micro sized company, Pomanda has estimated its turnover at £57.4k with healthy growth in recent years.

View Sample

Upgrade for unlimited company reports & a free credit check

Pomanda's financial health check has awarded Homespeedy Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 6 areas for improvement. Company Health Check FAQs

Health Rating3.5out of 5

4 Strong

1 Regular

6 Weak

Size

annual sales of £57.4k, make it smaller than the average company (£666.3k)

Growth

3 year (CAGR) sales growth of 6%, show it is growing at a faster rate (2.6%)

EXPORT

Homespeedy Limited's latest turnover from May 2023 is estimated at £57.4 thousand and the company has net assets of £391.3 thousand. According to their latest financial statements, Homespeedy Limited has 2 employees and maintains cash reserves of £43.6 thousand as reported in the balance sheet.

Data source: Companies House, Pomanda Estimates

	May 2023	May 2022	May 2021	May 2020	May 2019	May 2018	May 2017	May 2016	May 2015	May 2014	May 2013	May 2012	May 2011	May 2010
Turnover	57,437	44,886	47,098	47,625	37,516	41,161	51,906	40,588	57,901	116,642	181,508	158,356	133,254	98,697
Other Income Or Grants	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Cost Of Sales	43,429	33,944	36,862	36,829	28,348	30,679	38,300	30,534	45,408	92,913	146,339	127,946	107,857	80,057
Gross Profit	14,008	10,941	10,237	10,797	9,168	10,482	13,605	10,054	12,493	23,729	35,168	30,410	25,397	18,640
Admin Expenses	32,687	-15,101	-8,577	-2,683	12,723	12,026	13,860	33,279	15,311	31,045	21,136	7,521	3,891	-89,717
Operating Profit	-18,679	26,042	18,814	13,480	-3,555	-1,544	-255	-23,225	-2,818	-7,316	14,032	22,889	21,506	108,357
Interest Payable	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Interest Receivable	1,212	106	6	3	26	7	2	16	18	15	29	26	10	2
Pre-Tax Profit	-17,467	26,148	18,820	13,483	-3,529	-1,537	-253	-23,209	-2,801	-7,301	14,061	22,914	21,516	108,360
Tax	0	-4,968	-3,576	-2,562	0	0	0	0	0	0	-3,234	-5,499	-5,594	-30,341
Profit After Tax	-17,467	21,180	15,244	10,921	-3,529	-1,537	-253	-23,209	-2,801	-7,301	10,827	17,415	15,922	78,019
Dividends Paid	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Retained Profit	-17,467	21,180	15,244	10,921	-3,529	-1,537	-253	-23,209	-2,801	-7,301	10,827	17,415	15,922	78,019
Employee Costs	70,824	69,405	65,537	67,307	66,634	63,100	61,314	33,162	31,474	32,092	30,734	30,084	30,142	30,557
Number Of Employees	2	2	2	2	2	2	2	1	1	1	1	1	1	1
EBITDA*	-17,652	27,135	20,227	14,789	-2,235	-277	838	-22,150	-1,938	-6,330	14,987	23,945	22,735	109,602

* Earnings Before Interest, Tax, Depreciation and Amortisation

	May 2023	May 2022	May 2021	May 2020	May 2019	May 2018	May 2017	May 2016	May 2015	May 2014	May 2013	May 2012	May 2011	May 2010
Tangible Assets	2,997	4,024	5,117	5,980	5,699	5,166	4,735	5,338	4,986	5,866	5,409	5,980	7,036	8,006
Intangible Assets	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Investments & Other	600,000	745,000	740,000	645,000	620,000	527,500	512,500	495,000	480,000	450,000	440,000	440,000	440,000	440,000
Debtors (Due After 1 year)	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Total Fixed Assets	602,997	749,024	745,117	650,980	625,699	532,666	517,235	500,338	484,986	455,866	445,409	445,980	447,036	448,006
Stock & work in progress	0	0	0	0	0	59,855	55,000	0	0	0	0	0	0	0
Trade Debtors	8,838	4,022	7,508	5,517	1,562	8,287	14,148	10,916	14,322	30,258	47,763	41,818	35,892	29,071
Group Debtors	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Misc Debtors	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Cash	43,583	10,287	10,865	605	4,540	2,275	689	879	5,707	1,293	4,528	7,089	3,128	916
misc current assets	0	0	0	0	0	0	0	0	0	0	0	0	0	0
total current assets	52,421	14,309	18,373	6,122	6,102	70,417	69,837	11,795	20,029	31,551	52,291	48,907	39,020	29,987
total assets	655,418	763,333	763,490	657,102	631,801	603,083	587,072	512,133	505,015	487,417	497,700	494,887	486,056	477,993
Bank overdraft	0	0	0	0	0	0	0	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	30,460	26,996	17,004	17,781	15,134	10,927	20,216	12,393	12,197	13,211	16,551	14,428	13,557	12,213
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	0	0	0	0	0	0	0	0	0	0	0	0	0	0
total current liabilities	30,460	26,996	17,004	17,781	15,134	10,927	20,216	12,393	12,197	13,211	16,551	14,428	13,557	12,213
loans	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
Accruals and Deferred Income	0	0	0	0	0	0	0	0	0	0	0	0	0	0
other liabilities	168,737	177,675	219,523	222,602	230,179	234,784	222,947	173,078	157,947	166,534	176,176	186,313	195,768	204,971
provisions	64,940	81,120	70,762	54,612	51,329	45,779	43,229	40,254	0	0	0	0	0	0
total long term liabilities	233,677	258,795	290,285	277,214	281,508	280,563	266,176	213,332	157,947	166,534	176,176	186,313	195,768	204,971
total liabilities	264,137	285,791	307,289	294,995	296,642	291,490	286,392	225,725	170,144	179,745	192,727	200,741	209,325	217,184
net assets	391,281	477,542	456,201	362,107	335,159	311,593	300,680	286,408	334,871	307,672	304,973	294,146	276,731	260,809
total shareholders funds	391,281	477,542	456,201	362,107	335,159	311,593	300,680	286,408	334,871	307,672	304,973	294,146	276,731	260,809

	May 2023	May 2022	May 2021	May 2020	May 2019	May 2018	May 2017	May 2016	May 2015	May 2014	May 2013	May 2012	May 2011	May 2010
Operating Activities
Operating Profit	-18,679	26,042	18,814	13,480	-3,555	-1,544	-255	-23,225	-2,818	-7,316	14,032	22,889	21,506	108,357
Depreciation	1,027	1,093	1,413	1,309	1,320	1,267	1,093	1,075	880	986	955	1,056	1,229	1,245
Amortisation	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Tax	0	-4,968	-3,576	-2,562	0	0	0	0	0	0	-3,234	-5,499	-5,594	-30,341
Stock	0	0	0	0	-59,855	4,855	55,000	0	0	0	0	0	0	0
Debtors	4,816	-3,486	1,991	3,955	-6,725	-5,861	3,232	-3,406	-15,936	-17,505	5,945	5,926	6,821	29,071
Creditors	3,464	9,992	-777	2,647	4,207	-9,289	7,823	196	-1,014	-3,340	2,123	871	1,344	12,213
Accruals and Deferred Income	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Deferred Taxes & Provisions	-16,180	10,358	16,150	3,283	5,550	2,550	2,975	40,254	0	0	0	0	0	0
Cash flow from operations	-35,184	46,003	30,033	14,202	74,102	-6,010	-46,596	21,706	12,984	7,835	7,931	13,391	11,664	62,403
Investing Activities
capital expenditure	0	0	-550	-1,590	-1,853	-1,698	-490	-1,427	0	-1,443	-384	0	-259	-9,251
Change in Investments	-145,000	5,000	95,000	25,000	92,500	15,000	17,500	15,000	30,000	10,000	0	0	0	440,000
cash flow from investments	145,000	-5,000	-95,550	-26,590	-94,353	-16,698	-17,990	-16,427	-30,000	-11,443	-384	0	-259	-449,251
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	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Hire Purchase and Lease Commitments	0	0	0	0	0	0	0	0	0	0	0	0	0	0
other long term liabilities	-8,938	-41,848	-3,079	-7,577	-4,605	11,837	49,869	15,131	-8,587	-9,642	-10,137	-9,455	-9,203	204,971
share issue	-68,794	161	78,850	16,027	27,095	12,450	14,525	-25,254	30,000	10,000	0	0	0	182,790
interest	1,212	106	6	3	26	7	2	16	18	15	29	26	10	2
cash flow from financing	-76,520	-41,581	75,777	8,453	22,516	24,294	64,396	-10,107	21,431	373	-10,108	-9,429	-9,193	387,763
cash and cash equivalents
cash	33,296	-578	10,260	-3,935	2,265	1,586	-190	-4,828	4,414	-3,235	-2,561	3,961	2,212	916
overdraft	0	0	0	0	0	0	0	0	0	0	0	0	0	0
change in cash	33,296	-578	10,260	-3,935	2,265	1,586	-190	-4,828	4,414	-3,235	-2,561	3,961	2,212	916

Very Low Risk70 - 100

Low Risk50 - 70

Moderate Risk30 - 50

High Risk20 - 30

Very High Risk0 - 20

Get a comprehensive credit check for homespeedy limited. Get real-time insights into homespeedy 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 homespeedy limited by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other micro companies, companies in EX1 area or any other competitors across 12 key performance metrics.

HOMESPEEDY LIMITED group structure

Homespeedy Limited has no subsidiary companies.

Ultimate parent company

HOMESPEEDY LIMITED

03060087

HOMESPEEDY LIMITED Shareholders

oliver grant hale	50.2%
loraine ann hale	49.8%

Homespeedy Limited currently has 2 directors. The longest serving directors include Mr Oliver Hale (Jun 1995) and Mrs Loraine Hale (Mar 2023).

officer	country	age	start	end	role
Mr Oliver Hale	England	56 years	Jun 1995	-	Director
Mrs Loraine Hale	England	55 years	Mar 2023	-	Director

P&L

May 2023

turnover

57.4k

+28%

operating profit

-18.7k

gross margin

24.4%

+0.05%

turnover

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

Balance Sheet

May 2023

net assets

391.3k

-0.18%

total assets

655.4k

-0.14%

cash

43.6k

+3.24%

net assets

Total assets minus all liabilities

Similar Companies

acorn homes (sw) limited

canynge securities limited

3.5

breentan limited

2.5

thrive assets limited

five way properties limited

company number

03060087

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.

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

68100 - Buying and selling of own real estate

incorporation date

May 1995

ultimate parent company

None

previous names

N/A

address

cherryhayes monkton barn, pinn lane pinhoe, exeter, devon, EX1 3RG

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 12 charges/mortgages relating to homespeedy limited. Currently there are 9 open charges and 3 have been satisfied in the past.

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 HOMESPEEDY LIMITED. This can take several minutes, an email will notify you when this has completed.

homespeedy limited Company Information

homespeedy limited Estimated Valuation

homespeedy limited Estimated Valuation

homespeedy limited Estimated Valuation

Homespeedy Limited Overview

Homespeedy Limited Health Check

HOMESPEEDY LIMITED financials

homespeedy limited Credit Report and Business Information

Homespeedy Limited Competitor Analysis

homespeedy limited Ownership

homespeedy limited directors

homespeedy limited company details

homespeedy limited Charges & Mortgages

homespeedy limited Capital Raised & Share Issues BETA

homespeedy limited Companies House Filings - See Documents