
Company Number
03870272
Next Accounts
Sep 2025
Shareholders
fairview new homes limited
Group Structure
View All
Industry
Development of building projects
Registered Address
50 lancaster road, enfield, middlesex, EN2 0BY
Website
www.fairviewnewhomes.co.ukPomanda 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).
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).
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 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.
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
5 Strong
2 Regular
1 Weak
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
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
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
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
with 7 employees, this is similar to the industry average (7)
7 - Fairview New Homes (developments) Limited
7 - Industry AVG
Pay Structure
There is insufficient data available for this Key Performance Indicator!
- - Fairview New Homes (developments) Limited
- - Industry AVG
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
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- - Fairview New Homes (developments) Limited
- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- - Fairview New Homes (developments) Limited
- - Industry AVG
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
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Fairview New Homes (developments) Limited
- - Industry AVG
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'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 House, Pomanda Estimates
Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Turnover | 30,220,000 | 43,964,000 | 24,999,000 | 34,902,000 | 40,974,000 | 4,029,000 | 7,326,000 | 23,382,000 | 17,076,000 | 5,812,000 | 17,583,000 | 4,735,000 | 178,000 | 372,000 | 10,172,000 |
Other Income Or Grants | |||||||||||||||
Cost Of Sales | 22,223,000 | 32,257,000 | 19,288,000 | 27,977,000 | 27,863,000 | 3,968,000 | 7,197,000 | 15,746,000 | 11,423,000 | 4,320,000 | 12,929,000 | 4,858,000 | 347,000 | 364,000 | 7,609,000 |
Gross Profit | 7,997,000 | 11,707,000 | 5,711,000 | 6,925,000 | 13,111,000 | 61,000 | 129,000 | 7,636,000 | 5,653,000 | 1,492,000 | 4,654,000 | -123,000 | -169,000 | 8,000 | 2,563,000 |
Admin Expenses | 2,401,000 | 577,000 | 158,000 | 68,000 | |||||||||||
Operating Profit | 2,253,000 | -700,000 | -327,000 | -60,000 | 2,563,000 | ||||||||||
Interest Payable | |||||||||||||||
Interest Receivable | |||||||||||||||
Pre-Tax Profit | 2,528,000 | 3,878,000 | 1,542,000 | 4,248,000 | 6,368,000 | -1,068,000 | -367,000 | 7,084,000 | 4,352,000 | -10,000 | 2,253,000 | -700,000 | -327,000 | -60,000 | 2,563,000 |
Tax | 646,000 | -646,000 | 656,000 | -742,000 | -806,000 | 486,000 | -175,000 | 231,000 | 128,000 | 31,000 | 102,000 | ||||
Profit After Tax | 2,528,000 | 3,878,000 | 2,188,000 | 3,602,000 | 6,368,000 | -1,068,000 | 289,000 | 6,342,000 | 3,546,000 | 476,000 | 2,078,000 | -469,000 | -199,000 | -29,000 | 2,665,000 |
Dividends Paid | 2,801,000 | 3,901,000 | 2,001,000 | 3,801,000 | 6,102,000 | 5,300,000 | |||||||||
Retained Profit | -273,000 | -23,000 | 187,000 | -199,000 | 266,000 | -1,068,000 | 289,000 | 1,042,000 | 3,546,000 | 476,000 | 2,078,000 | -469,000 | -199,000 | -29,000 | 2,665,000 |
Employee Costs | 439,000 | ||||||||||||||
Number Of Employees | 7 | 7 | 7 | 10 | 9 | 7 | 6 | 6 | 8 | 8 | 8 | 7 | |||
EBITDA* | 2,253,000 | -700,000 | -327,000 | -60,000 | 2,563,000 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Tangible Assets | |||||||||||||||
Intangible Assets | |||||||||||||||
Investments & Other | |||||||||||||||
Debtors (Due After 1 year) | 64,000 | 64,000 | 63,000 | 61,000 | 60,000 | 102,000 | 85,000 | 269,000 | 291,000 | ||||||
Total Fixed Assets | 64,000 | 64,000 | 63,000 | 61,000 | 60,000 | 102,000 | 85,000 | 269,000 | 291,000 | ||||||
Stock & work in progress | 612,000 | 17,210,000 | 33,104,000 | 22,758,000 | 35,564,000 | 47,627,000 | 17,303,000 | 17,708,000 | 8,371,000 | 6,828,000 | 6,588,000 | ||||
Trade Debtors | 347,000 | 187,000 | 10,000 | 1,000 | |||||||||||
Group Debtors | 2,145,000 | ||||||||||||||
Misc Debtors | 233,000 | 307,000 | 851,000 | 3,805,000 | 118,000 | 88,000 | 7,000 | 588,000 | 377,000 | 846,000 | 243,000 | 31,000 | |||
Cash | |||||||||||||||
misc current assets | 10,313,000 | 12,072,000 | 4,711,000 | 370,000 | |||||||||||
total current assets | 2,990,000 | 17,517,000 | 33,955,000 | 26,563,000 | 35,682,000 | 48,062,000 | 17,490,000 | 17,718,000 | 10,320,000 | 12,660,000 | 8,748,000 | 7,674,000 | 6,831,000 | 4,743,000 | 370,000 |
total assets | 2,990,000 | 17,581,000 | 34,019,000 | 26,626,000 | 35,743,000 | 48,122,000 | 17,592,000 | 17,803,000 | 10,589,000 | 12,951,000 | 8,748,000 | 7,674,000 | 6,831,000 | 4,743,000 | 370,000 |
Bank overdraft | |||||||||||||||
Bank loan | |||||||||||||||
Trade Creditors | 917,000 | 428,000 | 176,000 | 2,258,000 | 388,000 | 9,000 | 74,000 | 177,000 | 803,000 | 50,000 | 162,000 | 236,000 | 22,000 | 55,000 | |
Group/Directors Accounts | 14,403,000 | 31,053,000 | 23,053,000 | 28,390,000 | 45,800,000 | 14,857,000 | 13,849,000 | 7,969,000 | 14,410,000 | 10,839,000 | 12,429,000 | 10,894,000 | 8,918,000 | 4,620,000 | |
other short term finances | |||||||||||||||
hp & lease commitments | |||||||||||||||
other current liabilities | 1,742,000 | 739,000 | 994,000 | 2,040,000 | 3,539,000 | 644,000 | 368,000 | 1,811,000 | 1,416,000 | 257,000 | 854,000 | 156,000 | 305,000 | 208,000 | 71,000 |
total current liabilities | 1,742,000 | 16,059,000 | 32,475,000 | 25,269,000 | 34,187,000 | 46,832,000 | 15,234,000 | 15,734,000 | 9,562,000 | 15,470,000 | 11,743,000 | 12,747,000 | 11,435,000 | 9,148,000 | 4,746,000 |
loans | |||||||||||||||
hp & lease commitments | |||||||||||||||
Accruals and Deferred Income | |||||||||||||||
other liabilities | |||||||||||||||
provisions | |||||||||||||||
total long term liabilities | |||||||||||||||
total liabilities | 1,742,000 | 16,059,000 | 32,475,000 | 25,269,000 | 34,187,000 | 46,832,000 | 15,234,000 | 15,734,000 | 9,562,000 | 15,470,000 | 11,743,000 | 12,747,000 | 11,435,000 | 9,148,000 | 4,746,000 |
net assets | 1,248,000 | 1,522,000 | 1,544,000 | 1,357,000 | 1,556,000 | 1,290,000 | 2,358,000 | 2,069,000 | 1,027,000 | -2,519,000 | -2,995,000 | -5,073,000 | -4,604,000 | -4,405,000 | -4,376,000 |
total shareholders funds | 1,248,000 | 1,522,000 | 1,544,000 | 1,357,000 | 1,556,000 | 1,290,000 | 2,358,000 | 2,069,000 | 1,027,000 | -2,519,000 | -2,995,000 | -5,073,000 | -4,604,000 | -4,405,000 | -4,376,000 |
Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Operating Activities | |||||||||||||||
Operating Profit | 2,253,000 | -700,000 | -327,000 | -60,000 | 2,563,000 | ||||||||||
Depreciation | |||||||||||||||
Amortisation | |||||||||||||||
Tax | 646,000 | -646,000 | 656,000 | -742,000 | -806,000 | 486,000 | -175,000 | 231,000 | 128,000 | 31,000 | 102,000 | ||||
Stock | -16,598,000 | -15,894,000 | 10,346,000 | -12,806,000 | -12,063,000 | 30,324,000 | -405,000 | 17,708,000 | -8,371,000 | 1,543,000 | 240,000 | 6,588,000 | |||
Debtors | 2,007,000 | -544,000 | -2,953,000 | 3,689,000 | -316,000 | 206,000 | 194,000 | -181,000 | -603,000 | 502,000 | -469,000 | 603,000 | 211,000 | 32,000 | |
Creditors | -917,000 | 489,000 | 252,000 | -2,082,000 | 1,870,000 | 379,000 | -65,000 | -103,000 | -626,000 | 753,000 | -112,000 | -74,000 | 214,000 | -33,000 | 55,000 |
Accruals and Deferred Income | 1,003,000 | -255,000 | -1,046,000 | -1,499,000 | 2,895,000 | 276,000 | -1,443,000 | 395,000 | 1,159,000 | -597,000 | 698,000 | -149,000 | 97,000 | 137,000 | 71,000 |
Deferred Taxes & Provisions | |||||||||||||||
Cash flow from operations | 1,590,000 | -1,535,000 | -6,687,000 | 43,000 | 2,791,000 | ||||||||||
Investing Activities | |||||||||||||||
capital expenditure | |||||||||||||||
Change in Investments | |||||||||||||||
cash flow from investments | |||||||||||||||
Financing Activities | |||||||||||||||
Bank loans | |||||||||||||||
Group/Directors Accounts | -14,403,000 | -16,650,000 | 8,000,000 | -5,337,000 | -17,410,000 | 30,943,000 | 1,008,000 | 5,880,000 | -6,441,000 | 3,571,000 | -1,590,000 | 1,535,000 | 1,976,000 | 4,298,000 | 4,620,000 |
Other Short Term Loans | |||||||||||||||
Long term loans | |||||||||||||||
Hire Purchase and Lease Commitments | |||||||||||||||
other long term liabilities | |||||||||||||||
share issue | |||||||||||||||
interest | |||||||||||||||
cash flow from financing | -14,404,000 | -16,649,000 | 8,000,000 | -5,337,000 | -17,410,000 | 30,943,000 | 1,008,000 | 5,880,000 | -6,441,000 | 3,571,000 | -1,590,000 | 1,535,000 | 1,976,000 | 4,298,000 | -2,421,000 |
cash and cash equivalents | |||||||||||||||
cash | |||||||||||||||
overdraft | |||||||||||||||
change in cash |
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 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 currently has 8 directors. The longest serving directors include Mr Gerald Malton (Jul 2003) and Mr Robert Williams (Aug 2015).
officer | country | age | start | end | role |
---|---|---|---|---|---|
Mr Gerald Malton | England | 64 years | Jul 2003 | - | Director |
Mr Robert Williams | 60 years | Aug 2015 | - | Director | |
Mr Jonathan Spring | United Kingdom | 52 years | Jan 2018 | - | Director |
Mr Darren McCormack | England | 43 years | Feb 2019 | - | Director |
Mr Rhys Davies | 42 years | Apr 2019 | - | Director | |
Mr Simon Garrett | England | 56 years | Oct 2019 | - | Director |
Mr Simon Garrett | England | 56 years | Oct 2019 | - | Director |
Mr Matthew Calladine | England | 51 years | Nov 2020 | - | Director |
P&L
December 2023turnover
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 2023net assets
1.2m
-0.18%
total assets
3m
-0.83%
cash
0
0%
net assets
Total assets minus all liabilities
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 moreaccountant
-
auditor
DELOITTE LLP
address
50 lancaster road, enfield, middlesex, EN2 0BY
Bank
NATIONAL WESTMINSTER BANK PLC
Legal Advisor
-
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.
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.
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