fernham homes limited
fernham homes limited Company Information
Company Number
03778310
Next Accounts
Apr 2025
Shareholders
fernham homes operations limited
Group Structure
View All
Industry
Development of building projects
Registered Address
68 grafton way, london, W1T 5DS
Website
www.fernham-homes.co.ukfernham homes limited Estimated Valuation
Pomanda estimates the enterprise value of FERNHAM HOMES LIMITED at £11.3m based on a Turnover of £16.2m and 0.7x industry multiple (adjusted for size and gross margin).
fernham homes limited Estimated Valuation
Pomanda estimates the enterprise value of FERNHAM HOMES LIMITED at £14.8m based on an EBITDA of £2.7m and a 5.5x industry multiple (adjusted for size and gross margin).
fernham homes limited Estimated Valuation
Pomanda estimates the enterprise value of FERNHAM HOMES LIMITED at £23.6m based on Net Assets of £16.7m and 1.41x industry multiple (adjusted for liquidity).
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Fernham Homes Limited Overview
Fernham Homes Limited is a live company located in london, W1T 5DS with a Companies House number of 03778310. It operates in the development of building projects sector, SIC Code 41100. Founded in May 1999, it's largest shareholder is fernham homes operations limited with a 100% stake. Fernham Homes Limited is a mature, mid sized company, Pomanda has estimated its turnover at £16.2m with declining growth in recent years.
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Fernham Homes Limited Health Check
Pomanda's financial health check has awarded Fernham Homes Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 7 measures and has 4 areas for improvement. Company Health Check FAQs
7 Strong
1 Regular
4 Weak
Size
annual sales of £16.2m, make it larger than the average company (£2.2m)
£16.2m - Fernham Homes Limited
£2.2m - Industry AVG
Growth
3 year (CAGR) sales growth of -11%, show it is growing at a slower rate (3.3%)
-11% - Fernham Homes Limited
3.3% - Industry AVG
Production
with a gross margin of 29.3%, this company has a comparable cost of product (26.6%)
29.3% - Fernham Homes Limited
26.6% - Industry AVG
Profitability
an operating margin of 16.5% make it more profitable than the average company (7.3%)
16.5% - Fernham Homes Limited
7.3% - Industry AVG
Employees
with 15 employees, this is above the industry average (6)
15 - Fernham Homes Limited
6 - Industry AVG
Pay Structure
on an average salary of £97.2k, the company has a higher pay structure (£47.4k)
£97.2k - Fernham Homes Limited
£47.4k - Industry AVG
Efficiency
resulting in sales per employee of £1.1m, this is more efficient (£274.2k)
£1.1m - Fernham Homes Limited
£274.2k - Industry AVG
Debtor Days
it gets paid by customers after 2 days, this is earlier than average (27 days)
2 days - Fernham Homes Limited
27 days - Industry AVG
Creditor Days
its suppliers are paid after 17 days, this is quicker than average (31 days)
17 days - Fernham Homes Limited
31 days - Industry AVG
Stock Days
it holds stock equivalent to 586 days, this is more than average (166 days)
586 days - Fernham Homes Limited
166 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 17 weeks, this is more cash available to meet short term requirements (13 weeks)
17 weeks - Fernham Homes Limited
13 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 28.2%, this is a lower level of debt than the average (72.9%)
28.2% - Fernham Homes Limited
72.9% - Industry AVG
FERNHAM HOMES LIMITED financials
Fernham Homes Limited's latest turnover from July 2023 is £16.2 million and the company has net assets of £16.7 million. According to their latest financial statements, Fernham Homes Limited has 15 employees and maintains cash reserves of £2.2 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jul 2023 | Jul 2022 | Jul 2021 | Jul 2020 | Jul 2019 | Jul 2018 | Feb 2017 | Feb 2016 | Feb 2015 | Feb 2014 | Feb 2013 | Feb 2012 | Feb 2011 | Feb 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 16,235,676 | 24,479,946 | 32,130,799 | 23,371,556 | 23,735,694 | 16,930,596 | 4,599,223 | |||||||
| Other Income Or Grants | ||||||||||||||
| Cost Of Sales | 11,481,008 | 17,863,441 | 25,332,896 | 17,289,234 | 18,896,087 | 12,970,757 | 3,319,386 | |||||||
| Gross Profit | 4,754,668 | 6,616,505 | 6,797,903 | 6,082,322 | 4,839,607 | 3,959,839 | 1,279,837 | |||||||
| Admin Expenses | 2,077,908 | 1,375,602 | 1,283,026 | 1,169,149 | 1,466,175 | 1,223,680 | 371,929 | |||||||
| Operating Profit | 2,676,760 | 5,240,903 | 5,514,877 | 4,913,173 | 3,373,432 | 2,736,159 | 907,908 | |||||||
| Interest Payable | 31,491 | 23,480 | 790,053 | 1,386,083 | 1,165,949 | 1,509,513 | 230,675 | |||||||
| Interest Receivable | 10,482 | 1,121 | 1,997 | 3,603 | 488 | |||||||||
| Pre-Tax Profit | 2,655,751 | 5,218,544 | 4,726,821 | 3,530,693 | 2,207,971 | 1,226,646 | 677,233 | |||||||
| Tax | -542,049 | -1,004,164 | -901,279 | -672,747 | -413,723 | -176,620 | -90,810 | |||||||
| Profit After Tax | 2,113,702 | 4,214,380 | 3,825,542 | 2,857,946 | 1,794,248 | 1,050,026 | 586,423 | |||||||
| Dividends Paid | ||||||||||||||
| Retained Profit | 2,113,702 | 4,214,380 | 3,825,542 | 2,857,946 | 1,794,248 | 1,050,026 | 586,423 | |||||||
| Employee Costs | 1,458,128 | 954,437 | 1,024,778 | 937,570 | 689,194 | 571,841 | 256,931 | |||||||
| Number Of Employees | 15 | 11 | 12 | 15 | 13 | 7 | 5 | 4 | ||||||
| EBITDA* | 2,695,057 | 5,258,458 | 5,530,305 | 4,926,224 | 3,378,117 | 2,736,472 | 908,531 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jul 2023 | Jul 2022 | Jul 2021 | Jul 2020 | Jul 2019 | Jul 2018 | Feb 2017 | Feb 2016 | Feb 2015 | Feb 2014 | Feb 2013 | Feb 2012 | Feb 2011 | Feb 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 44,295 | 24,304 | 34,614 | 37,272 | 43,785 | 7,877 | 1,869 | 2,492 | 3,322 | 4,108 | 7,987 | 4,977 | 12,365 | 18,473 |
| Intangible Assets | ||||||||||||||
| Investments & Other | 60,000 | 60,000 | 60,000 | 60,001 | 60,001 | 60,001 | 60,001 | 60,001 | 60,001 | 60,001 | 50,501 | 50,501 | 40,501 | 4 |
| Debtors (Due After 1 year) | ||||||||||||||
| Total Fixed Assets | 104,295 | 84,304 | 94,614 | 97,273 | 103,786 | 67,878 | 61,870 | 62,493 | 63,323 | 64,109 | 58,488 | 55,478 | 52,866 | 18,477 |
| Stock & work in progress | 18,447,016 | 14,034,296 | 14,985,554 | 23,981,409 | 24,921,209 | 27,600,258 | 11,550,030 | 3,379,403 | 1,972,546 | 177,462 | 70,170 | 3,563,367 | 4,703,496 | 1,957,973 |
| Trade Debtors | 90,854 | 3,984 | 57,185 | 5,120 | 529,668 | 320,538 | 6,853 | 47,899 | 71,636 | 81,899 | 32,389 | 44,998 | 146,216 | |
| Group Debtors | 508,414 | 121 | 121 | |||||||||||
| Misc Debtors | 1,902,400 | 458,470 | 400,561 | 397,930 | 631,543 | 677,146 | 91,489 | 90,669 | 72,935 | |||||
| Cash | 2,180,387 | 6,140,910 | 6,028,884 | 503,299 | 2,043,260 | 1,506,384 | 1,435,139 | 439,180 | 86,426 | 69,197 | 759,770 | 17,265 | 279,715 | 331,276 |
| misc current assets | ||||||||||||||
| total current assets | 23,129,071 | 20,633,676 | 21,418,983 | 24,939,823 | 27,601,132 | 30,313,456 | 13,397,317 | 3,916,226 | 2,106,871 | 391,230 | 911,839 | 3,613,021 | 5,028,209 | 2,435,465 |
| total assets | 23,233,366 | 20,717,980 | 21,513,597 | 25,037,096 | 27,704,918 | 30,381,334 | 13,459,187 | 3,978,719 | 2,170,194 | 455,339 | 970,327 | 3,668,499 | 5,081,075 | 2,453,942 |
| Bank overdraft | 866,566 | 6 | ||||||||||||
| Bank loan | 5,833,923 | 11,138,581 | 7,730,297 | |||||||||||
| Trade Creditors | 535,818 | 351,947 | 343,280 | 346,069 | 991,843 | 1,334,664 | 1,289,442 | 814,876 | 2,021,299 | 98,980 | 364,285 | 2,948,545 | 3,632,763 | 769,238 |
| Group/Directors Accounts | ||||||||||||||
| other short term finances | 850,000 | |||||||||||||
| hp & lease commitments | ||||||||||||||
| other current liabilities | 5,764,320 | 5,564,507 | 9,883,651 | 9,577,133 | 11,491,974 | 13,291,612 | 6,488,699 | 2,103,631 | ||||||
| total current liabilities | 6,300,138 | 5,916,454 | 10,226,931 | 16,607,125 | 23,622,398 | 22,356,573 | 8,644,707 | 2,918,513 | 2,021,299 | 98,980 | 364,285 | 2,948,545 | 3,632,763 | 769,238 |
| loans | 705,520 | 1,745,023 | 5,846,719 | 3,751,755 | 561,938 | |||||||||
| hp & lease commitments | ||||||||||||||
| Accruals and Deferred Income | ||||||||||||||
| other liabilities | 441 | 748,802 | 885,068 | |||||||||||
| provisions | 249,500 | 231,500 | 225,500 | 153,000 | 408,518 | 298,288 | 232,997 | 254,963 | 246,538 | 251,008 | 276,314 | 259,566 | 238,158 | 322,103 |
| total long term liabilities | 249,500 | 231,500 | 931,020 | 1,898,023 | 408,518 | 6,145,007 | 3,984,752 | 816,901 | 246,538 | 251,008 | 276,755 | 259,566 | 986,960 | 1,207,171 |
| total liabilities | 6,549,638 | 6,147,954 | 11,157,951 | 18,505,148 | 24,030,916 | 28,501,580 | 12,629,459 | 3,735,414 | 2,267,837 | 349,988 | 641,040 | 3,208,111 | 4,619,723 | 1,976,409 |
| net assets | 16,683,728 | 14,570,026 | 10,355,646 | 6,531,948 | 3,674,002 | 1,879,754 | 829,728 | 243,305 | -97,643 | 105,351 | 329,287 | 460,388 | 461,352 | 477,533 |
| total shareholders funds | 16,683,728 | 14,570,026 | 10,355,646 | 6,531,948 | 3,674,002 | 1,879,754 | 829,728 | 243,305 | -97,643 | 105,351 | 329,287 | 460,388 | 461,352 | 477,533 |
| Jul 2023 | Jul 2022 | Jul 2021 | Jul 2020 | Jul 2019 | Jul 2018 | Feb 2017 | Feb 2016 | Feb 2015 | Feb 2014 | Feb 2013 | Feb 2012 | Feb 2011 | Feb 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||||
| Operating Profit | 2,676,760 | 5,240,903 | 5,514,877 | 4,913,173 | 3,373,432 | 2,736,159 | 907,908 | |||||||
| Depreciation | 18,297 | 17,555 | 15,428 | 13,051 | 4,685 | 313 | 623 | 830 | 1,061 | 2,006 | 2,662 | 1,658 | 6,108 | 7,483 |
| Amortisation | ||||||||||||||
| Tax | -542,049 | -1,004,164 | -901,279 | -672,747 | -413,723 | -176,620 | -90,810 | |||||||
| Stock | 4,412,720 | -951,258 | -8,995,855 | -939,800 | -2,679,049 | 16,050,228 | 8,170,627 | 1,406,857 | 1,795,084 | 107,292 | -3,493,197 | -1,140,129 | 2,745,523 | 1,957,973 |
| Debtors | 2,043,198 | 53,925 | -50,570 | -181,548 | -570,151 | 794,666 | 314,505 | 49,744 | -96,672 | 62,672 | 49,510 | -12,609 | -101,218 | 146,216 |
| Creditors | 183,871 | 8,667 | -2,789 | -645,774 | -342,821 | 45,222 | 474,566 | -1,206,423 | 1,922,319 | -265,305 | -2,584,260 | -684,218 | 2,863,525 | 769,238 |
| Accruals and Deferred Income | 199,813 | -4,319,144 | 306,518 | -1,914,841 | -1,799,638 | 6,802,913 | 4,385,068 | 2,103,631 | ||||||
| Deferred Taxes & Provisions | 18,000 | 6,000 | 72,500 | -255,518 | 110,230 | 65,291 | -21,966 | 8,425 | -4,470 | -25,306 | 16,748 | 21,408 | -83,945 | 322,103 |
| Cash flow from operations | -3,901,226 | 847,150 | 14,051,680 | 2,558,692 | 4,181,365 | -7,371,616 | -2,829,743 | |||||||
| Investing Activities | ||||||||||||||
| capital expenditure | -40,593 | -8,190 | ||||||||||||
| Change in Investments | -1 | 9,500 | 10,000 | 40,497 | 4 | |||||||||
| cash flow from investments | 1 | -40,593 | -8,190 | |||||||||||
| Financing Activities | ||||||||||||||
| Bank loans | -5,833,923 | -5,304,658 | 3,408,284 | 7,730,297 | ||||||||||
| Group/Directors Accounts | ||||||||||||||
| Other Short Term Loans | -850,000 | 850,000 | ||||||||||||
| Long term loans | -705,520 | -1,039,503 | 1,745,023 | -5,846,719 | 2,094,964 | 3,189,817 | 561,938 | |||||||
| Hire Purchase and Lease Commitments | ||||||||||||||
| other long term liabilities | -441 | 441 | -748,802 | -136,266 | 885,068 | |||||||||
| share issue | ||||||||||||||
| interest | -21,009 | -22,359 | -788,056 | -1,382,480 | -1,165,461 | -1,509,513 | -230,675 | |||||||
| cash flow from financing | -21,009 | -727,879 | -8,513,326 | -4,092,115 | -3,603,896 | 8,315,748 | 2,959,142 | |||||||
| cash and cash equivalents | ||||||||||||||
| cash | -3,960,523 | 112,026 | 5,525,585 | -1,539,961 | 536,876 | 71,245 | 995,959 | 352,754 | 17,229 | -690,573 | 742,505 | -262,450 | -51,561 | 331,276 |
| overdraft | -866,566 | 866,560 | 6 | |||||||||||
| change in cash | -3,960,523 | 112,026 | 5,525,585 | -1,539,961 | 536,876 | 937,811 | 129,399 | 352,748 | 17,229 | -690,573 | 742,505 | -262,450 | -51,561 | 331,276 |
fernham homes limited Credit Report and Business Information
Fernham Homes Limited Competitor Analysis
Perform a competitor analysis for fernham homes limited by selecting its closest rivals, whether from the CONSTRUCTION sector, other mid companies, companies in W1T area or any other competitors across 12 key performance metrics.
fernham homes limited Ownership
FERNHAM HOMES LIMITED group structure
Fernham Homes Limited has 2 subsidiary companies.
Ultimate parent company
2 parents
FERNHAM HOMES LIMITED
03778310
2 subsidiaries
fernham homes limited directors
Fernham Homes Limited currently has 5 directors. The longest serving directors include Mr Michael Canham (Jun 1999) and Mr Ian Fern (Jun 1999).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Michael Canham | 58 years | Jun 1999 | - | Director | |
| Mr Ian Fern | United Kingdom | 55 years | Jun 1999 | - | Director |
| Mr David Masters | 79 years | Nov 2002 | - | Director | |
| Mr Sean Ellis | United Kingdom | 56 years | Nov 2022 | - | Director |
| Mr Christopher Loughead | England | 32 years | Nov 2022 | - | Director |
P&L
July 2023turnover
16.2m
-34%
operating profit
2.7m
-49%
gross margin
29.3%
+8.35%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
July 2023net assets
16.7m
+0.15%
total assets
23.2m
+0.12%
cash
2.2m
-0.64%
net assets
Total assets minus all liabilities
fernham homes limited company details
company number
03778310
Type
Private limited with Share Capital
industry
41100 - Development of building projects
incorporation date
May 1999
age
26
incorporated
UK
ultimate parent company
accounts
Group
last accounts submitted
July 2023
previous names
fairform limited (June 1999)
accountant
-
auditor
CAVENDISH
address
68 grafton way, london, W1T 5DS
Bank
-
Legal Advisor
-
fernham 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 61 charges/mortgages relating to fernham homes limited. Currently there are 6 open charges and 55 have been satisfied in the past.
fernham 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.
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fernham homes limited Companies House Filings - See Documents
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