business homes solent limited
business homes solent limited Company Information
Company Number
03345855
Next Accounts
Mar 2025
Shareholders
business homes north east ltd
geoffrey owen mason
View AllGroup Structure
View All
Industry
Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.
Registered Address
30 finsbury square, london, EC2P 2YU
Website
-business homes solent limited Estimated Valuation
Pomanda estimates the enterprise value of BUSINESS HOMES SOLENT LIMITED at £2.9m based on a Turnover of £1m and 2.81x industry multiple (adjusted for size and gross margin).
business homes solent limited Estimated Valuation
Pomanda estimates the enterprise value of BUSINESS HOMES SOLENT LIMITED at £3.2m based on an EBITDA of £578.8k and a 5.49x industry multiple (adjusted for size and gross margin).
business homes solent limited Estimated Valuation
Pomanda estimates the enterprise value of BUSINESS HOMES SOLENT LIMITED at £1.3m based on Net Assets of £756.6k and 1.75x industry multiple (adjusted for liquidity).
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Business Homes Solent Limited Overview
Business Homes Solent Limited is a dissolved company that was located in london, EC2P 2YU with a Companies House number of 03345855. It operated in the other letting and operating of own or leased real estate sector, SIC Code 68209. Founded in April 1997, it's largest shareholder was business homes north east ltd with a 50% stake. The last turnover for Business Homes Solent Limited was estimated at £1m.
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Business Homes Solent Limited Health Check
Pomanda's financial health check has awarded Business Homes Solent Limited a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 3 areas for improvement. Company Health Check FAQs
5 Strong
2 Regular
3 Weak
Size
annual sales of £1m, make it larger than the average company (£488k)
£1m - Business Homes Solent Limited
£488k - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Business Homes Solent Limited
- - Industry AVG
Production
with a gross margin of 46.6%, this company has a higher cost of product (74.9%)
46.6% - Business Homes Solent Limited
74.9% - Industry AVG
Profitability
an operating margin of 56.2% make it as profitable than the average company (48.9%)
56.2% - Business Homes Solent Limited
48.9% - Industry AVG
Employees
with 9 employees, this is above the industry average (4)
- Business Homes Solent Limited
4 - Industry AVG
Pay Structure
There is insufficient data available for this Key Performance Indicator!
- Business Homes Solent Limited
- - Industry AVG
Efficiency
resulting in sales per employee of £114.4k, this is equally as efficient (£127.4k)
- Business Homes Solent Limited
£127.4k - Industry AVG
Debtor Days
it gets paid by customers after 9 days, this is earlier than average (29 days)
9 days - Business Homes Solent Limited
29 days - Industry AVG
Creditor Days
its suppliers are paid after 14 days, this is quicker than average (38 days)
14 days - Business Homes Solent Limited
38 days - Industry AVG
Stock Days
it holds stock equivalent to 497 days, this is more than average (59 days)
497 days - Business Homes Solent Limited
59 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 43 weeks, this is more cash available to meet short term requirements (14 weeks)
43 weeks - Business Homes Solent Limited
14 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 31.8%, this is a lower level of debt than the average (60.7%)
31.8% - Business Homes Solent Limited
60.7% - Industry AVG
BUSINESS HOMES SOLENT LIMITED financials
Business Homes Solent Limited's latest turnover from March 2018 is £1 million and the company has net assets of £756.6 thousand. According to their latest financial statements, we estimate that Business Homes Solent Limited has 9 employees and maintains cash reserves of £297.1 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|
| Turnover | 1,029,776 | 605,000 | |||||||
| Other Income Or Grants | |||||||||
| Cost Of Sales | 550,000 | 60,000 | 285,000 | 523,420 | |||||
| Gross Profit | 479,776 | -60,000 | -285,000 | 81,580 | |||||
| Admin Expenses | -99,071 | -96,105 | -143,509 | -164,558 | -66,447 | -92,152 | -104,764 | -106,918 | -98,077 |
| Operating Profit | 578,847 | 96,105 | 143,509 | 164,558 | 66,447 | 32,152 | -180,236 | 106,918 | 179,657 |
| Interest Payable | 24,274 | 23,374 | 28,176 | 30,749 | 33,257 | 35,533 | 37,974 | 38,811 | 73,604 |
| Interest Receivable | 108 | 52 | |||||||
| Pre-Tax Profit | 554,573 | 74,731 | 115,333 | 133,917 | 33,190 | -3,329 | -218,210 | 68,107 | 133,694 |
| Tax | -67,397 | -15,047 | -23,083 | -26,783 | -6,630 | 15,887 | -15,887 | -35,399 | |
| Profit After Tax | 487,176 | 59,684 | 92,250 | 107,134 | 26,560 | 12,558 | -218,210 | 52,220 | 98,295 |
| Dividends Paid | |||||||||
| Retained Profit | 487,176 | 59,684 | 92,250 | 107,134 | 26,560 | 12,558 | -218,210 | 52,220 | 98,295 |
| Employee Costs | |||||||||
| Number Of Employees | 5 | 5 | 6 | ||||||
| EBITDA* | 578,847 | 96,105 | 143,509 | 164,558 | 66,447 | 32,152 | -180,236 | 106,918 | 179,657 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | |||||||||
| Intangible Assets | |||||||||
| Investments & Other | 139 | 139 | 139 | 139 | 139 | 139 | 139 | 139 | 139 |
| Debtors (Due After 1 year) | |||||||||
| Total Fixed Assets | 139 | 139 | 139 | 139 | 139 | 139 | 139 | 139 | 139 |
| Stock & work in progress | 750,000 | 1,300,000 | 1,300,000 | 1,300,000 | 1,300,000 | 1,300,000 | 1,360,000 | 1,645,000 | 1,645,000 |
| Trade Debtors | 27,000 | 26,555 | 9,960 | 28,965 | 47,378 | 30,993 | 48,129 | ||
| Group Debtors | 30,792 | 33,779 | 66,510 | 29,091 | 33,557 | 68,914 | 48,898 | 68,458 | 6,502 |
| Misc Debtors | 4,025 | 5,722 | 8,527 | 11,082 | 1,648 | 21,584 | 50,106 | 78,513 | 120,623 |
| Cash | 297,051 | 2,121 | 315 | 460 | 13,528 | 9,759 | 19,272 | 7,882 | 57,030 |
| misc current assets | |||||||||
| total current assets | 1,108,868 | 1,368,177 | 1,385,312 | 1,369,598 | 1,396,111 | 1,431,250 | 1,526,405 | 1,799,853 | 1,829,155 |
| total assets | 1,109,007 | 1,368,316 | 1,385,451 | 1,369,737 | 1,396,250 | 1,431,389 | 1,526,544 | 1,799,992 | 1,829,294 |
| Bank overdraft | |||||||||
| Bank loan | |||||||||
| Trade Creditors | 22,285 | 25,965 | 4,738 | 2,171 | 11,243 | 17,350 | 12,227 | 11,715 | 33,960 |
| Group/Directors Accounts | 28,065 | 997,790 | 1,101,417 | 1,168,241 | 1,313,491 | 1,380,234 | 1,494,701 | 1,536,727 | 1,568,219 |
| other short term finances | |||||||||
| hp & lease commitments | |||||||||
| other current liabilities | 302,106 | 75,185 | 69,604 | 81,883 | 61,208 | 50,057 | 48,426 | 62,150 | 89,935 |
| total current liabilities | 352,456 | 1,098,940 | 1,175,759 | 1,252,295 | 1,385,942 | 1,447,641 | 1,555,354 | 1,610,592 | 1,692,114 |
| loans | |||||||||
| hp & lease commitments | |||||||||
| Accruals and Deferred Income | |||||||||
| other liabilities | |||||||||
| provisions | |||||||||
| total long term liabilities | |||||||||
| total liabilities | 352,456 | 1,098,940 | 1,175,759 | 1,252,295 | 1,385,942 | 1,447,641 | 1,555,354 | 1,610,592 | 1,692,114 |
| net assets | 756,551 | 269,376 | 209,692 | 117,442 | 10,308 | -16,252 | -28,810 | 189,400 | 137,180 |
| total shareholders funds | 756,551 | 269,376 | 209,692 | 117,442 | 10,308 | -16,252 | -28,810 | 189,400 | 137,180 |
| Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||
| Operating Profit | 578,847 | 96,105 | 143,509 | 164,558 | 66,447 | 32,152 | -180,236 | 106,918 | 179,657 |
| Depreciation | |||||||||
| Amortisation | |||||||||
| Tax | -67,397 | -15,047 | -23,083 | -26,783 | -6,630 | 15,887 | -15,887 | -35,399 | |
| Stock | -550,000 | -60,000 | -285,000 | 1,645,000 | |||||
| Debtors | -4,239 | -18,941 | 15,859 | -13,445 | -38,908 | -25,642 | 162 | 19,846 | 127,125 |
| Creditors | -3,680 | 21,227 | 2,567 | -9,072 | -6,107 | 5,123 | 512 | -22,245 | 33,960 |
| Accruals and Deferred Income | 226,921 | 5,581 | -12,279 | 20,675 | 11,151 | 1,631 | -13,724 | -27,785 | 89,935 |
| Deferred Taxes & Provisions | |||||||||
| Cash flow from operations | 1,288,930 | 126,807 | 94,855 | 162,823 | 103,769 | 140,435 | 91,390 | 21,155 | -1,503,972 |
| Investing Activities | |||||||||
| capital expenditure | |||||||||
| Change in Investments | 139 | ||||||||
| cash flow from investments | |||||||||
| Financing Activities | |||||||||
| Bank loans | |||||||||
| Group/Directors Accounts | -969,725 | -103,627 | -66,824 | -145,250 | -66,743 | -114,467 | -42,026 | -31,492 | 1,568,219 |
| Other Short Term Loans | |||||||||
| Long term loans | |||||||||
| Hire Purchase and Lease Commitments | |||||||||
| other long term liabilities | |||||||||
| share issue | |||||||||
| interest | -24,274 | -23,374 | -28,176 | -30,641 | -33,257 | -35,481 | -37,974 | -38,811 | -73,604 |
| cash flow from financing | -994,000 | -127,001 | -95,000 | -175,891 | -100,000 | -149,948 | -80,000 | -70,303 | 1,533,500 |
| cash and cash equivalents | |||||||||
| cash | 294,930 | 1,806 | -145 | -13,068 | 3,769 | -9,513 | 11,390 | -49,148 | 57,030 |
| overdraft | |||||||||
| change in cash | 294,930 | 1,806 | -145 | -13,068 | 3,769 | -9,513 | 11,390 | -49,148 | 57,030 |
business homes solent limited Credit Report and Business Information
Business Homes Solent Limited Competitor Analysis
Perform a competitor analysis for business homes solent limited by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other undefined companies, companies in EC2P area or any other competitors across 12 key performance metrics.
business homes solent limited Ownership
BUSINESS HOMES SOLENT LIMITED group structure
Business Homes Solent Limited has 1 subsidiary company.
Ultimate parent company
BUSINESS HOMES SOLENT LIMITED
03345855
1 subsidiary
business homes solent limited directors
Business Homes Solent Limited currently has 2 directors. The longest serving directors include Lee Randle (Feb 2006) and Mr Geoffrey Mason (Feb 2006).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Lee Randle | 54 years | Feb 2006 | - | Director | |
| Mr Geoffrey Mason | 85 years | Feb 2006 | - | Director |
P&L
March 2018turnover
1m
0%
operating profit
578.8k
+502%
gross margin
46.6%
0%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2018net assets
756.6k
+1.81%
total assets
1.1m
-0.19%
cash
297.1k
+139.05%
net assets
Total assets minus all liabilities
business homes solent limited company details
company number
03345855
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
April 1997
age
28
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
March 2018
previous names
buistel limited (March 2005)
wansco 343 limited (June 1997)
accountant
-
auditor
-
address
30 finsbury square, london, EC2P 2YU
Bank
THE ROYAL BANK OF SCOTLAND PLC
Legal Advisor
-
business homes solent 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 3 charges/mortgages relating to business homes solent limited. Currently there are 0 open charges and 3 have been satisfied in the past.
business homes solent 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 BUSINESS HOMES SOLENT LIMITED. This can take several minutes, an email will notify you when this has completed.
business homes solent limited Companies House Filings - See Documents
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