home group repairs partnership limited
home group repairs partnership limited Company Information
Company Number
03402204
Website
www.livesmarthome.comRegistered Address
one strawberry lane, one strawberry lane, newcastle upon tyne, tyne and wear, NE1 4BX
Industry
Renting and operating of Housing Association real estate
Telephone
08451551234
Next Accounts Due
December 2024
Group Structure
View All
Shareholders
home group ltd 100%
home group repairs partnership limited Estimated Valuation
Pomanda estimates the enterprise value of HOME GROUP REPAIRS PARTNERSHIP LIMITED at £1.5m based on a Turnover of £436k and 3.44x industry multiple (adjusted for size and gross margin).
home group repairs partnership limited Estimated Valuation
Pomanda estimates the enterprise value of HOME GROUP REPAIRS PARTNERSHIP LIMITED at £0 based on an EBITDA of £-91k and a 7.17x industry multiple (adjusted for size and gross margin).
home group repairs partnership limited Estimated Valuation
Pomanda estimates the enterprise value of HOME GROUP REPAIRS PARTNERSHIP LIMITED at £8.7m based on Net Assets of £5m and 1.74x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Home Group Repairs Partnership Limited Overview
Home Group Repairs Partnership Limited is a live company located in newcastle upon tyne, NE1 4BX with a Companies House number of 03402204. It operates in the renting and operating of housing association real estate sector, SIC Code 68201. Founded in July 1997, it's largest shareholder is home group ltd with a 100% stake. Home Group Repairs Partnership Limited is a mature, micro sized company, Pomanda has estimated its turnover at £436k with unknown growth in recent years.
Upgrade for unlimited company reports & a free credit check
Home Group Repairs Partnership Limited Health Check
Pomanda's financial health check has awarded Home Group Repairs Partnership Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 3 areas for improvement. Company Health Check FAQs
4 Strong
1 Regular
3 Weak
Size
annual sales of £436k, make it smaller than the average company (£1.8m)
£436k - Home Group Repairs Partnership Limited
£1.8m - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Home Group Repairs Partnership Limited
- - Industry AVG
Production
with a gross margin of 57.2%, this company has a comparable cost of product (57.2%)
57.2% - Home Group Repairs Partnership Limited
57.2% - Industry AVG
Profitability
an operating margin of -20.9% make it less profitable than the average company (13.1%)
-20.9% - Home Group Repairs Partnership Limited
13.1% - Industry AVG
Employees
with 34 employees, this is above the industry average (11)
34 - Home Group Repairs Partnership Limited
11 - Industry AVG
Pay Structure
on an average salary of £12k, the company has a lower pay structure (£36.1k)
£12k - Home Group Repairs Partnership Limited
£36.1k - Industry AVG
Efficiency
resulting in sales per employee of £12.8k, this is less efficient (£145.1k)
£12.8k - Home Group Repairs Partnership Limited
£145.1k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- - Home Group Repairs Partnership Limited
- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- - Home Group Repairs Partnership Limited
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Home Group Repairs Partnership Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 262 weeks, this is more cash available to meet short term requirements (27 weeks)
262 weeks - Home Group Repairs Partnership Limited
27 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 3.5%, this is a lower level of debt than the average (64.9%)
3.5% - Home Group Repairs Partnership Limited
64.9% - Industry AVG
HOME GROUP REPAIRS PARTNERSHIP LIMITED financials
Home Group Repairs Partnership Limited's latest turnover from March 2023 is £436 thousand and the company has net assets of £5 million. According to their latest financial statements, Home Group Repairs Partnership Limited has 34 employees and maintains cash reserves of £910 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 | 436,000 | 0 | 0 | 0 | 972,000 | 1,016,000 | 991,000 | 3,828,000 | 4,159,000 | 4,279,000 | 4,402,000 | 4,301,000 | 4,355,000 | 5,085,000 |
| Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||
| Cost Of Sales | 0 | 595,000 | 2,030,000 | 2,387,000 | 2,796,000 | 2,977,000 | 2,904,000 | 2,702,000 | 3,390,000 | |||||
| Gross Profit | 0 | 396,000 | 1,798,000 | 1,772,000 | 1,483,000 | 1,425,000 | 1,397,000 | 1,653,000 | 1,695,000 | |||||
| Admin Expenses | 0 | 445,000 | 5,095,000 | 863,000 | 955,000 | 818,000 | 931,000 | 825,000 | 529,000 | |||||
| Operating Profit | -91,000 | -14,000 | 0 | 0 | -565,000 | -15,000 | -49,000 | -3,297,000 | 909,000 | 528,000 | 607,000 | 466,000 | 828,000 | 1,166,000 |
| Interest Payable | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 362,000 | 348,000 | 319,000 | 337,000 | 365,000 | 395,000 | 503,000 |
| Interest Receivable | 205,000 | 113,000 | 110,000 | 138,000 | 138,000 | 55,000 | 64,000 | 15,000 | 21,000 | 59,000 | 53,000 | 52,000 | 23,000 | 0 |
| Pre-Tax Profit | 114,000 | 99,000 | 228,000 | 130,000 | -427,000 | 40,000 | 15,000 | -3,644,000 | 582,000 | 268,000 | 323,000 | 153,000 | 531,000 | 663,000 |
| Tax | -22,000 | -19,000 | -42,000 | -25,000 | -15,000 | -10,000 | 0 | 135,000 | 69,000 | 60,000 | 68,000 | 81,000 | 218,000 | 207,000 |
| Profit After Tax | 92,000 | 80,000 | 186,000 | 105,000 | -442,000 | 30,000 | 15,000 | -3,509,000 | 651,000 | 328,000 | 391,000 | 234,000 | 749,000 | 870,000 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Retained Profit | 92,000 | 80,000 | 186,000 | 105,000 | -442,000 | 30,000 | 15,000 | -3,509,000 | 651,000 | 328,000 | 391,000 | 234,000 | 749,000 | 870,000 |
| Employee Costs | 409,000 | 0 | 0 | 0 | 0 | 0 | 27,000 | 162,000 | 172,000 | 275,000 | 293,000 | 229,000 | 350,000 | 415,000 |
| Number Of Employees | 34 | 1 | 6 | 6 | 7 | 8 | 10 | 11 | 14 | |||||
| EBITDA* | -91,000 | -14,000 | 0 | 0 | -565,000 | -15,000 | -49,000 | -3,297,000 | 909,000 | 540,000 | 618,000 | 472,000 | 842,000 | 1,181,000 |
* 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 | 0 | 0 | 0 | 0 | 0 | 1,342,000 | 1,402,000 | 1,413,000 | 1,419,000 | 1,538,000 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 4,250,000 | 4,250,000 | 43,000 | 43,000 | 43,000 | 52,000 | 52,000 | 52,000 | 25,250,000 | 24,132,000 | 23,222,000 | 24,517,000 | 26,272,000 | 39,872,000 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 4,250,000 | 4,250,000 | 43,000 | 43,000 | 43,000 | 52,000 | 52,000 | 52,000 | 25,250,000 | 25,474,000 | 24,624,000 | 25,930,000 | 27,691,000 | 41,410,000 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 2,190,000 | 2,190,000 | 2,186,000 | 2,175,000 | 2,286,000 | 2,421,000 |
| Trade Debtors | 0 | 0 | 5,000 | 0 | 0 | 40,000 | 1,000 | 5,000 | 28,000 | 26,000 | 38,000 | 41,000 | 33,000 | 36,000 |
| Group Debtors | 0 | 0 | 0 | 0 | 147,000 | 4,000 | 0 | 135,000 | 69,000 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 49,000 | 36,000 | 79,000 | 61,000 | 211,000 | 223,000 | 46,000 | 237,000 | 322,000 | 245,000 | 149,000 | 66,000 |
| Cash | 910,000 | 743,000 | 627,000 | 200,000 | 117,000 | 11,000 | 22,000 | 359,000 | 106,000 | 88,000 | 116,000 | 106,000 | 90,000 | 80,000 |
| misc current assets | 0 | 0 | 4,250,000 | 4,550,000 | 0 | 5,193,000 | 5,000,000 | 5,394,000 | 830,000 | 4,280,000 | 4,190,000 | 3,110,000 | 3,185,000 | 0 |
| total current assets | 910,000 | 743,000 | 4,931,000 | 4,786,000 | 4,763,000 | 5,309,000 | 5,234,000 | 6,116,000 | 3,269,000 | 6,821,000 | 6,852,000 | 5,677,000 | 5,743,000 | 2,603,000 |
| total assets | 5,160,000 | 4,993,000 | 4,974,000 | 4,829,000 | 4,806,000 | 5,361,000 | 5,286,000 | 6,168,000 | 28,519,000 | 32,295,000 | 31,476,000 | 31,607,000 | 33,434,000 | 44,013,000 |
| 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 | 0 | 0 | 1,000 | 14,000 | 45,000 | 26,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 136,000 | 105,000 | 15,000 | 2,000 | 6,000 | 14,000 | 24,000 | 275,000 | 168,000 | 8,015,000 | 439,000 | 68,000 | 413,000 | 8,904,000 |
| 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 | 44,000 | 0 | 150,000 | 191,000 | 238,000 | 362,000 | 333,000 | 979,000 | 1,095,000 | 1,039,000 | 1,382,000 | 980,000 | 1,041,000 | 1,033,000 |
| total current liabilities | 180,000 | 105,000 | 166,000 | 207,000 | 289,000 | 402,000 | 357,000 | 1,254,000 | 1,263,000 | 9,054,000 | 1,821,000 | 1,048,000 | 1,454,000 | 9,937,000 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 18,833,000 | 15,333,000 | 23,000,000 | 23,000,000 | 23,000,000 | 23,000,000 |
| 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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 18,833,000 | 15,333,000 | 23,000,000 | 23,000,000 | 23,000,000 | 23,000,000 |
| total liabilities | 180,000 | 105,000 | 166,000 | 207,000 | 289,000 | 402,000 | 357,000 | 1,254,000 | 20,096,000 | 24,387,000 | 24,821,000 | 24,048,000 | 24,454,000 | 32,937,000 |
| net assets | 4,980,000 | 4,888,000 | 4,808,000 | 4,622,000 | 4,517,000 | 4,959,000 | 4,929,000 | 4,914,000 | 8,423,000 | 7,908,000 | 6,655,000 | 7,559,000 | 8,980,000 | 11,076,000 |
| total shareholders funds | 4,980,000 | 4,888,000 | 4,808,000 | 4,622,000 | 4,517,000 | 4,959,000 | 4,929,000 | 4,914,000 | 8,423,000 | 7,908,000 | 6,655,000 | 7,559,000 | 8,980,000 | 11,076,000 |
| 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 | -91,000 | -14,000 | 0 | 0 | -565,000 | -15,000 | -49,000 | -3,297,000 | 909,000 | 528,000 | 607,000 | 466,000 | 828,000 | 1,166,000 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 12,000 | 11,000 | 6,000 | 14,000 | 15,000 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | -22,000 | -19,000 | -42,000 | -25,000 | -15,000 | -10,000 | 0 | 135,000 | 69,000 | 60,000 | 68,000 | 81,000 | 218,000 | 207,000 |
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -2,190,000 | 0 | 4,000 | 11,000 | -111,000 | -135,000 | 2,421,000 |
| Debtors | 0 | -54,000 | 18,000 | -190,000 | 121,000 | -107,000 | -151,000 | 220,000 | -120,000 | -97,000 | 74,000 | 104,000 | 80,000 | 102,000 |
| Creditors | 0 | -1,000 | -13,000 | -31,000 | 19,000 | 26,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 44,000 | -150,000 | -41,000 | -47,000 | -124,000 | 29,000 | -646,000 | -116,000 | 56,000 | -343,000 | 402,000 | -61,000 | 8,000 | 1,033,000 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | -69,000 | -130,000 | -114,000 | 87,000 | -806,000 | 137,000 | -544,000 | -1,308,000 | 1,154,000 | 350,000 | 1,003,000 | 499,000 | 1,123,000 | -102,000 |
| Investing Activities | ||||||||||||||
| capital expenditure | ||||||||||||||
| Change in Investments | 0 | 4,207,000 | 0 | 0 | -9,000 | 0 | 0 | -25,198,000 | 1,118,000 | 910,000 | -1,295,000 | -1,755,000 | -13,600,000 | 39,872,000 |
| cash flow from investments | ||||||||||||||
| Financing Activities | ||||||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 31,000 | 90,000 | 13,000 | -4,000 | -8,000 | -10,000 | -251,000 | 107,000 | -7,847,000 | 7,576,000 | 371,000 | -345,000 | -8,491,000 | 8,904,000 |
| 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 | -18,833,000 | 3,500,000 | -7,667,000 | 0 | 0 | 0 | 23,000,000 |
| 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 | ||||||||||||||
| interest | 205,000 | 113,000 | 110,000 | 138,000 | 138,000 | 55,000 | 64,000 | -347,000 | -327,000 | -260,000 | -284,000 | -313,000 | -372,000 | -503,000 |
| cash flow from financing | 236,000 | 203,000 | 123,000 | 134,000 | 130,000 | 45,000 | -187,000 | -19,073,000 | -4,810,000 | 574,000 | -1,208,000 | -2,313,000 | -11,708,000 | 41,607,000 |
| cash and cash equivalents | ||||||||||||||
| cash | 167,000 | 116,000 | 427,000 | 83,000 | 106,000 | -11,000 | -337,000 | 253,000 | 18,000 | -28,000 | 10,000 | 16,000 | 10,000 | 80,000 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 167,000 | 116,000 | 427,000 | 83,000 | 106,000 | -11,000 | -337,000 | 253,000 | 18,000 | -28,000 | 10,000 | 16,000 | 10,000 | 80,000 |
home group repairs partnership limited Credit Report and Business Information
Home Group Repairs Partnership Limited Competitor Analysis
Perform a competitor analysis for home group repairs partnership limited by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other micro companies, companies in NE1 area or any other competitors across 12 key performance metrics.
home group repairs partnership limited Ownership
HOME GROUP REPAIRS PARTNERSHIP LIMITED group structure
Home Group Repairs Partnership Limited has no subsidiary companies.
Ultimate parent company
1 parent
HOME GROUP REPAIRS PARTNERSHIP LIMITED
03402204
home group repairs partnership limited directors
Home Group Repairs Partnership Limited currently has 3 directors. The longest serving directors include Mr Mark Henderson (Jul 2014) and Mrs Helen Meehan (Jun 2022).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Mark Henderson | 62 years | Jul 2014 | - | Director | |
| Mrs Helen Meehan | 40 years | Jun 2022 | - | Director | |
| Mr Paul Walker | England | 41 years | Nov 2022 | - | Director |
P&L
March 2023turnover
436k
0%
operating profit
-91k
+550%
gross margin
57.3%
0%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2023net assets
5m
+0.02%
total assets
5.2m
+0.03%
cash
910k
+0.22%
net assets
Total assets minus all liabilities
Similar Companies
home group repairs partnership limited company details
company number
03402204
Type
Private limited with Share Capital
industry
68201 - Renting and operating of Housing Association real estate
incorporation date
July 1997
age
27
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
March 2023
previous names
live smart @ home limited (August 2022)
paramount homes limited (September 2006)
See moreaccountant
-
auditor
DELOITTE LLP
address
one strawberry lane, one strawberry lane, newcastle upon tyne, tyne and wear, NE1 4BX
Bank
BARCLAYS BANK PLC
Legal Advisor
DEVONSHIRE SOLICITORS LLP
home group repairs partnership 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 18 charges/mortgages relating to home group repairs partnership limited. Currently there are 18 open charges and 0 have been satisfied in the past.
home group repairs partnership limited Companies House Filings - See Documents
| date | description | view/download |
|---|
