fairview new homes (developments) limited

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fairview new homes (developments) limited Company Information

Share FAIRVIEW NEW HOMES (DEVELOPMENTS) LIMITED

Company Number

03870272

Shareholders

fairview new homes limited

Group Structure

View All

Industry

Development of building projects

 

Registered Address

50 lancaster road, enfield, middlesex, EN2 0BY

fairview new homes (developments) limited Estimated Valuation

£25.6m

Pomanda estimates the enterprise value of FAIRVIEW NEW HOMES (DEVELOPMENTS) LIMITED at £25.6m based on a Turnover of £30.2m and 0.85x industry multiple (adjusted for size and gross margin).

fairview new homes (developments) limited Estimated Valuation

£21.8m

Pomanda estimates the enterprise value of FAIRVIEW NEW HOMES (DEVELOPMENTS) LIMITED at £21.8m based on an EBITDA of £3.4m and a 6.46x industry multiple (adjusted for size and gross margin).

fairview new homes (developments) limited Estimated Valuation

£1.7m

Pomanda estimates the enterprise value of FAIRVIEW NEW HOMES (DEVELOPMENTS) LIMITED at £1.7m based on Net Assets of £1.2m and 1.39x industry multiple (adjusted for liquidity).

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Fairview New Homes (developments) Limited Overview

Fairview New Homes (developments) Limited is a live company located in middlesex, EN2 0BY with a Companies House number of 03870272. It operates in the development of building projects sector, SIC Code 41100. Founded in November 1999, it's largest shareholder is fairview new homes limited with a 100% stake. Fairview New Homes (developments) Limited is a mature, large sized company, Pomanda has estimated its turnover at £30.2m with declining growth in recent years.

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Fairview New Homes (developments) Limited Health Check

Pomanda's financial health check has awarded Fairview New Homes (Developments) Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 1 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating5out of 5
positive_score

5 Strong

positive_score

2 Regular

positive_score

1 Weak

size

Size

annual sales of £30.2m, make it larger than the average company (£2.5m)

£30.2m - Fairview New Homes (developments) Limited

£2.5m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -5%, show it is growing at a slower rate (4.8%)

-5% - Fairview New Homes (developments) Limited

4.8% - Industry AVG

production

Production

with a gross margin of 26.5%, this company has a comparable cost of product (27.2%)

26.5% - Fairview New Homes (developments) Limited

27.2% - Industry AVG

profitability

Profitability

an operating margin of 11.2% make it more profitable than the average company (6.9%)

11.2% - Fairview New Homes (developments) Limited

6.9% - Industry AVG

employees

Employees

with 7 employees, this is similar to the industry average (7)

7 - Fairview New Homes (developments) Limited

7 - Industry AVG

paystructure

Pay Structure

There is insufficient data available for this Key Performance Indicator!

- - Fairview New Homes (developments) Limited

- - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £4.3m, this is more efficient (£289.8k)

£4.3m - Fairview New Homes (developments) Limited

£289.8k - Industry AVG

debtordays

Debtor Days

There is insufficient data available for this Key Performance Indicator!

- - Fairview New Homes (developments) Limited

- - Industry AVG

creditordays

Creditor Days

There is insufficient data available for this Key Performance Indicator!

- - Fairview New Homes (developments) Limited

- - Industry AVG

stockdays

Stock Days

it holds stock equivalent to 10 days, this is less than average (156 days)

10 days - Fairview New Homes (developments) Limited

156 days - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - Fairview New Homes (developments) Limited

- - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 58.3%, this is a lower level of debt than the average (73.7%)

58.3% - Fairview New Homes (developments) Limited

73.7% - Industry AVG

FAIRVIEW NEW HOMES (DEVELOPMENTS) LIMITED financials

EXPORTms excel logo

Fairview New Homes (Developments) Limited's latest turnover from December 2023 is £30.2 million and the company has net assets of £1.2 million. According to their latest financial statements, Fairview New Homes (Developments) Limited has 7 employees and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Turnover30,220,00043,964,00024,999,00034,902,00040,974,0004,029,0007,326,00023,382,00017,076,0005,812,00017,583,0004,735,000178,000372,00010,172,000
Other Income Or Grants
Cost Of Sales22,223,00032,257,00019,288,00027,977,00027,863,0003,968,0007,197,00015,746,00011,423,0004,320,00012,929,0004,858,000347,000364,0007,609,000
Gross Profit7,997,00011,707,0005,711,0006,925,00013,111,00061,000129,0007,636,0005,653,0001,492,0004,654,000-123,000-169,0008,0002,563,000
Admin Expenses4,626,3336,919,3463,009,7652,478,0865,249,2721,129,000-227,790-291,5001,220,500889,4682,401,000577,000158,00068,000
Operating Profit3,370,6674,787,6542,701,2354,446,9147,861,728-1,068,000356,7907,927,5004,432,500602,5322,253,000-700,000-327,000-60,0002,563,000
Interest Payable
Interest Receivable
Pre-Tax Profit2,528,0003,878,0001,542,0004,248,0006,368,000-1,068,000-367,0007,084,0004,352,000-10,0002,253,000-700,000-327,000-60,0002,563,000
Tax646,000-646,000656,000-742,000-806,000486,000-175,000231,000128,00031,000102,000
Profit After Tax2,528,0003,878,0002,188,0003,602,0006,368,000-1,068,000289,0006,342,0003,546,000476,0002,078,000-469,000-199,000-29,0002,665,000
Dividends Paid2,801,0003,901,0002,001,0003,801,0006,102,0005,300,000
Retained Profit-273,000-23,000187,000-199,000266,000-1,068,000289,0001,042,0003,546,000476,0002,078,000-469,000-199,000-29,0002,665,000
Employee Costs439,000
Number Of Employees71587710928867668887
EBITDA*3,370,6674,787,6542,701,2354,446,9147,861,728-1,068,000356,7907,927,5004,432,500602,5322,253,000-700,000-327,000-60,0002,563,000

* Earnings Before Interest, Tax, Depreciation and Amortisation

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Tangible Assets
Intangible Assets
Investments & Other
Debtors (Due After 1 year)64,00064,00063,00061,00060,000102,00085,000269,000291,000
Total Fixed Assets64,00064,00063,00061,00060,000102,00085,000269,000291,000
Stock & work in progress612,00017,210,00033,104,00022,758,00035,564,00047,627,00017,303,00017,708,0008,371,0006,828,0006,588,000
Trade Debtors347,000187,00010,0001,000
Group Debtors2,145,000
Misc Debtors233,000307,000851,0003,805,000118,00088,0007,000588,000377,000846,000243,00031,000
Cash
misc current assets10,313,00012,072,0004,711,000370,000
total current assets2,990,00017,517,00033,955,00026,563,00035,682,00048,062,00017,490,00017,718,00010,320,00012,660,0008,748,0007,674,0006,831,0004,743,000370,000
total assets2,990,00017,581,00034,019,00026,626,00035,743,00048,122,00017,592,00017,803,00010,589,00012,951,0008,748,0007,674,0006,831,0004,743,000370,000
Bank overdraft
Bank loan
Trade Creditors 917,000428,000176,0002,258,000388,0009,00074,000177,000803,00050,000162,000236,00022,00055,000
Group/Directors Accounts14,403,00031,053,00023,053,00028,390,00045,800,00014,857,00013,849,0007,969,00014,410,00010,839,00012,429,00010,894,0008,918,0004,620,000
other short term finances
hp & lease commitments
other current liabilities1,742,000739,000994,0002,040,0003,539,000644,000368,0001,811,0001,416,000257,000854,000156,000305,000208,00071,000
total current liabilities1,742,00016,059,00032,475,00025,269,00034,187,00046,832,00015,234,00015,734,0009,562,00015,470,00011,743,00012,747,00011,435,0009,148,0004,746,000
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
total long term liabilities
total liabilities1,742,00016,059,00032,475,00025,269,00034,187,00046,832,00015,234,00015,734,0009,562,00015,470,00011,743,00012,747,00011,435,0009,148,0004,746,000
net assets1,248,0001,522,0001,544,0001,357,0001,556,0001,290,0002,358,0002,069,0001,027,000-2,519,000-2,995,000-5,073,000-4,604,000-4,405,000-4,376,000
total shareholders funds1,248,0001,522,0001,544,0001,357,0001,556,0001,290,0002,358,0002,069,0001,027,000-2,519,000-2,995,000-5,073,000-4,604,000-4,405,000-4,376,000
Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Operating Activities
Operating Profit3,370,6674,787,6542,701,2354,446,9147,861,728-1,068,000356,7907,927,5004,432,500602,5322,253,000-700,000-327,000-60,0002,563,000
Depreciation
Amortisation
Tax646,000-646,000656,000-742,000-806,000486,000-175,000231,000128,00031,000102,000
Stock-16,598,000-15,894,00010,346,000-12,806,000-12,063,00030,324,000-405,00017,708,000-8,371,0001,543,000240,0006,588,000
Debtors2,007,000-544,000-2,953,0003,689,000-316,000206,000194,000-181,000-603,000502,000-469,000603,000211,00032,000
Creditors-917,000489,000252,000-2,082,0001,870,000379,000-65,000-103,000-626,000753,000-112,000-74,000214,000-33,00055,000
Accruals and Deferred Income1,003,000-255,000-1,046,000-1,499,0002,895,000276,000-1,443,000395,0001,159,000-597,000698,000-149,00097,000137,00071,000
Deferred Taxes & Provisions
Cash flow from operations18,047,66721,459,654-4,839,7659,336,91425,005,728-30,943,000-284,210-10,049,5004,762,5009,113,5321,590,000-1,535,000-6,687,00043,0002,791,000
Investing Activities
capital expenditure
Change in Investments
cash flow from investments
Financing Activities
Bank loans
Group/Directors Accounts-14,403,000-16,650,0008,000,000-5,337,000-17,410,00030,943,0001,008,0005,880,000-6,441,0003,571,000-1,590,0001,535,0001,976,0004,298,0004,620,000
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
share issue-1,0001,000-7,041,000
interest
cash flow from financing-14,404,000-16,649,0008,000,000-5,337,000-17,410,00030,943,0001,008,0005,880,000-6,441,0003,571,000-1,590,0001,535,0001,976,0004,298,000-2,421,000
cash and cash equivalents
cash
overdraft
change in cash

fairview new homes (developments) limited Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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Fairview New Homes (developments) Limited Competitor Analysis

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Perform a competitor analysis for fairview new homes (developments) limited by selecting its closest rivals, whether from the CONSTRUCTION sector, other large companies, companies in EN2 area or any other competitors across 12 key performance metrics.

fairview new homes (developments) limited Ownership

FAIRVIEW NEW HOMES (DEVELOPMENTS) LIMITED group structure

Fairview New Homes (Developments) Limited has no subsidiary companies.

Ultimate parent company

2 parents

FAIRVIEW NEW HOMES (DEVELOPMENTS) LIMITED

03870272

FAIRVIEW NEW HOMES (DEVELOPMENTS) LIMITED Shareholders

fairview new homes limited 100%

fairview new homes (developments) limited directors

Fairview New Homes (Developments) Limited currently has 8 directors. The longest serving directors include Mr Gerald Malton (Jul 2003) and Mr Robert Williams (Aug 2015).

officercountryagestartendrole
Mr Gerald MaltonEngland64 years Jul 2003- Director
Mr Robert Williams60 years Aug 2015- Director
Mr Jonathan SpringUnited Kingdom52 years Jan 2018- Director
Mr Darren McCormackEngland43 years Feb 2019- Director
Mr Rhys Davies42 years Apr 2019- Director
Mr Simon GarrettEngland56 years Oct 2019- Director
Mr Simon GarrettEngland56 years Oct 2019- Director
Mr Matthew CalladineEngland51 years Nov 2020- Director

P&L

December 2023

turnover

30.2m

-31%

operating profit

3.4m

0%

gross margin

26.5%

-0.62%

turnover

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

Balance Sheet

December 2023

net assets

1.2m

-0.18%

total assets

3m

-0.83%

cash

0

0%

net assets

Total assets minus all liabilities

fairview new homes (developments) limited company details

company number

03870272

Type

Private limited with Share Capital

industry

41100 - Development of building projects

incorporation date

November 1999

age

26

incorporated

UK

ultimate parent company

accounts

Full Accounts

last accounts submitted

December 2023

previous names

cabot homes (south west) limited (November 2010)

cabot homes (south wales) limited (July 2004)

See more

accountant

-

auditor

DELOITTE LLP

address

50 lancaster road, enfield, middlesex, EN2 0BY

Bank

NATIONAL WESTMINSTER BANK PLC

Legal Advisor

-

fairview new homes (developments) 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 22 charges/mortgages relating to fairview new homes (developments) limited. Currently there are 12 open charges and 10 have been satisfied in the past.

fairview new homes (developments) 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 FAIRVIEW NEW HOMES (DEVELOPMENTS) LIMITED. This can take several minutes, an email will notify you when this has completed.

fairview new homes (developments) limited Companies House Filings - See Documents

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