hereward homes limited
hereward homes limited Company Information
Company Number
03972891
Next Accounts
Jan 2026
Directors
Shareholders
hereward homes (holdings) limited
Group Structure
View All
Industry
Development of building projects
Registered Address
the old barn 27b crocket lane, empingham, rutland, LE15 8PW
Website
www.herewardhomes.co.ukhereward homes limited Estimated Valuation
Pomanda estimates the enterprise value of HEREWARD HOMES LIMITED at £1.5m based on a Turnover of £2.9m and 0.53x industry multiple (adjusted for size and gross margin).
hereward homes limited Estimated Valuation
Pomanda estimates the enterprise value of HEREWARD HOMES LIMITED at £1.6m based on an EBITDA of £402.8k and a 4.05x industry multiple (adjusted for size and gross margin).
hereward homes limited Estimated Valuation
Pomanda estimates the enterprise value of HEREWARD HOMES LIMITED at £5.8m based on Net Assets of £3.9m and 1.49x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Hereward Homes Limited Overview
Hereward Homes Limited is a live company located in rutland, LE15 8PW with a Companies House number of 03972891. It operates in the development of building projects sector, SIC Code 41100. Founded in April 2000, it's largest shareholder is hereward homes (holdings) limited with a 100% stake. Hereward Homes Limited is a mature, small sized company, Pomanda has estimated its turnover at £2.9m with healthy growth in recent years.
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Hereward Homes Limited Health Check
Pomanda's financial health check has awarded Hereward Homes Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 8 measures and has 2 areas for improvement. Company Health Check FAQs
8 Strong
2 Regular
2 Weak
Size
annual sales of £2.9m, make it larger than the average company (£2.3m)
- Hereward Homes Limited
£2.3m - Industry AVG
Growth
3 year (CAGR) sales growth of 13%, show it is growing at a faster rate (6.9%)
- Hereward Homes Limited
6.9% - Industry AVG
Production
with a gross margin of 26.6%, this company has a comparable cost of product (26.6%)
- Hereward Homes Limited
26.6% - Industry AVG
Profitability
an operating margin of 12.2% make it more profitable than the average company (7.5%)
- Hereward Homes Limited
7.5% - Industry AVG
Employees
with 9 employees, this is above the industry average (7)
9 - Hereward Homes Limited
7 - Industry AVG
Pay Structure
on an average salary of £48.9k, the company has an equivalent pay structure (£48.9k)
- Hereward Homes Limited
£48.9k - Industry AVG
Efficiency
resulting in sales per employee of £324k, this is more efficient (£272.6k)
- Hereward Homes Limited
£272.6k - Industry AVG
Debtor Days
it gets paid by customers after 0 days, this is earlier than average (29 days)
- Hereward Homes Limited
29 days - Industry AVG
Creditor Days
its suppliers are paid after 84 days, this is slower than average (33 days)
- Hereward Homes Limited
33 days - Industry AVG
Stock Days
it holds stock equivalent to 1045 days, this is more than average (190 days)
- Hereward Homes Limited
190 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 2 weeks, this is less cash available to meet short term requirements (11 weeks)
2 weeks - Hereward Homes Limited
11 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 42.5%, this is a lower level of debt than the average (72.6%)
42.5% - Hereward Homes Limited
72.6% - Industry AVG
HEREWARD HOMES LIMITED financials
Hereward Homes Limited's latest turnover from April 2024 is estimated at £2.9 million and the company has net assets of £3.9 million. According to their latest financial statements, Hereward Homes Limited has 9 employees and maintains cash reserves of £155.1 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Apr 2024 | Apr 2023 | Apr 2022 | Apr 2021 | Apr 2020 | Apr 2019 | Apr 2018 | Apr 2017 | Apr 2016 | Apr 2015 | Apr 2014 | Apr 2013 | Apr 2012 | Apr 2011 | Apr 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | |||||||||||||||
| Other Income Or Grants | |||||||||||||||
| Cost Of Sales | |||||||||||||||
| Gross Profit | |||||||||||||||
| Admin Expenses | |||||||||||||||
| Operating Profit | |||||||||||||||
| Interest Payable | |||||||||||||||
| Interest Receivable | |||||||||||||||
| Pre-Tax Profit | |||||||||||||||
| Tax | |||||||||||||||
| Profit After Tax | |||||||||||||||
| Dividends Paid | |||||||||||||||
| Retained Profit | |||||||||||||||
| Employee Costs | |||||||||||||||
| Number Of Employees | 9 | 8 | 6 | 6 | 9 | 8 | 8 | 9 | 7 | ||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Apr 2024 | Apr 2023 | Apr 2022 | Apr 2021 | Apr 2020 | Apr 2019 | Apr 2018 | Apr 2017 | Apr 2016 | Apr 2015 | Apr 2014 | Apr 2013 | Apr 2012 | Apr 2011 | Apr 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 298,123 | 236,195 | 142,051 | 64,289 | 98,307 | 105,779 | 91,493 | 74,870 | 84,460 | 96,929 | 54,387 | 64,044 | 80,080 | 62,017 | 66,258 |
| Intangible Assets | |||||||||||||||
| Investments & Other | |||||||||||||||
| Debtors (Due After 1 year) | |||||||||||||||
| Total Fixed Assets | 298,123 | 236,195 | 142,051 | 64,289 | 98,307 | 105,779 | 91,493 | 74,870 | 84,460 | 96,929 | 54,387 | 64,044 | 80,080 | 62,017 | 66,258 |
| Stock & work in progress | 6,134,154 | 5,285,460 | 4,277,403 | 3,364,544 | 3,735,545 | 2,970,508 | 1,341,137 | 2,820,673 | 3,288,850 | 2,053,488 | 1,162,380 | 1,335,148 | 2,087,575 | 1,171,952 | 835,089 |
| Trade Debtors | 7,944 | 179,971 | 88,629 | 10,291 | 55,359 | 2,590 | 11,813 | 34,383 | 747,594 | 91,236 | 47,244 | 108,298 | 541,076 | ||
| Group Debtors | |||||||||||||||
| Misc Debtors | 107,615 | 36,824 | 84,821 | 68,242 | 39,636 | 79,633 | 228,472 | 103,337 | 60,466 | ||||||
| Cash | 155,111 | 954,760 | 1,955,363 | 1,823,383 | 129,934 | 1,284,939 | 1,304,742 | 486,051 | 302,165 | 628,594 | 797,590 | 446,704 | 216,752 | 344,467 | 377,410 |
| misc current assets | |||||||||||||||
| total current assets | 6,404,824 | 6,457,015 | 6,317,587 | 5,344,798 | 3,915,406 | 4,390,439 | 2,874,351 | 3,412,651 | 3,663,294 | 2,716,465 | 2,707,564 | 1,873,088 | 2,351,571 | 1,624,717 | 1,753,575 |
| total assets | 6,702,947 | 6,693,210 | 6,459,638 | 5,409,087 | 4,013,713 | 4,496,218 | 2,965,844 | 3,487,521 | 3,747,754 | 2,813,394 | 2,761,951 | 1,937,132 | 2,431,651 | 1,686,734 | 1,819,833 |
| Bank overdraft | 942,500 | 942,500 | 315,000 | 1,196,244 | 405,000 | 1,185,000 | 225,000 | 645,000 | 1,084,000 | 384,000 | 789,000 | 504,000 | 585,000 | 320,000 | 199,000 |
| Bank loan | |||||||||||||||
| Trade Creditors | 498,726 | 253,535 | 274,752 | 303,423 | 236,613 | 268,734 | 116,706 | 148,098 | 204,941 | 714,196 | 430,659 | 269,248 | 857,270 | 517,011 | 869,155 |
| Group/Directors Accounts | 861,794 | 1,288,763 | 2,100,000 | ||||||||||||
| other short term finances | |||||||||||||||
| hp & lease commitments | 7,722 | 13,427 | 13,428 | ||||||||||||
| other current liabilities | 477,319 | 515,656 | 606,235 | 265,977 | 469,096 | 438,257 | 95,898 | 335,438 | 675,829 | ||||||
| total current liabilities | 2,780,339 | 3,000,454 | 3,295,987 | 1,765,644 | 1,110,709 | 1,891,991 | 437,604 | 1,128,536 | 1,964,770 | 1,098,196 | 1,227,381 | 786,675 | 1,455,698 | 837,011 | 1,068,155 |
| loans | |||||||||||||||
| hp & lease commitments | 6,178 | 18,060 | |||||||||||||
| Accruals and Deferred Income | |||||||||||||||
| other liabilities | 4,241 | 11,509 | 18,777 | ||||||||||||
| provisions | 70,632 | 50,419 | 21,864 | 5,822 | 8,238 | 9,275 | 11,184 | 13,477 | 16,892 | 19,386 | 10,877 | 12,809 | 16,016 | 10,862 | 7,695 |
| total long term liabilities | 70,632 | 50,419 | 21,864 | 5,822 | 12,479 | 20,784 | 29,961 | 13,477 | 16,892 | 19,386 | 10,877 | 18,987 | 34,076 | 10,862 | 7,695 |
| total liabilities | 2,850,971 | 3,050,873 | 3,317,851 | 1,771,466 | 1,123,188 | 1,912,775 | 467,565 | 1,142,013 | 1,981,662 | 1,117,582 | 1,238,258 | 805,662 | 1,489,774 | 847,873 | 1,075,850 |
| net assets | 3,851,976 | 3,642,337 | 3,141,787 | 3,637,621 | 2,890,525 | 2,583,443 | 2,498,279 | 2,345,508 | 1,766,092 | 1,695,812 | 1,523,693 | 1,131,470 | 941,877 | 838,861 | 743,983 |
| total shareholders funds | 3,851,976 | 3,642,337 | 3,141,787 | 3,637,621 | 2,890,525 | 2,583,443 | 2,498,279 | 2,345,508 | 1,766,092 | 1,695,812 | 1,523,693 | 1,131,470 | 941,877 | 838,861 | 743,983 |
| Apr 2024 | Apr 2023 | Apr 2022 | Apr 2021 | Apr 2020 | Apr 2019 | Apr 2018 | Apr 2017 | Apr 2016 | Apr 2015 | Apr 2014 | Apr 2013 | Apr 2012 | Apr 2011 | Apr 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | |||||||||||||||
| Depreciation | 46,374 | 38,612 | 18,124 | 13,926 | 20,589 | 16,339 | 12,503 | 12,295 | 12,469 | 14,658 | 10,389 | 12,242 | 16,328 | 11,935 | 14,003 |
| Amortisation | |||||||||||||||
| Tax | |||||||||||||||
| Stock | 848,694 | 1,008,057 | 912,859 | -371,001 | 765,037 | 1,629,371 | -1,479,536 | -468,177 | 1,235,362 | 891,108 | -172,768 | -752,427 | 915,623 | 336,863 | 835,089 |
| Debtors | -101,236 | 131,974 | -72,050 | 106,944 | -85,065 | -93,480 | 122,545 | 33,648 | 37,896 | -713,211 | 656,358 | 43,992 | -61,054 | -432,778 | 541,076 |
| Creditors | 245,191 | -21,217 | -28,671 | 66,810 | -32,121 | 152,028 | -31,392 | -56,843 | -509,255 | 283,537 | 161,411 | -588,022 | 340,259 | -352,144 | 869,155 |
| Accruals and Deferred Income | -38,337 | -90,579 | 340,258 | -203,119 | 30,839 | 342,359 | -239,540 | -340,391 | 675,829 | ||||||
| Deferred Taxes & Provisions | 20,213 | 28,555 | 16,042 | -2,416 | -1,037 | -1,909 | -2,293 | -3,415 | -2,494 | 8,509 | -1,932 | -3,207 | 5,154 | 3,167 | 7,695 |
| Cash flow from operations | |||||||||||||||
| Investing Activities | |||||||||||||||
| capital expenditure | |||||||||||||||
| Change in Investments | |||||||||||||||
| cash flow from investments | |||||||||||||||
| Financing Activities | |||||||||||||||
| Bank loans | |||||||||||||||
| Group/Directors Accounts | -426,969 | -811,237 | 2,100,000 | ||||||||||||
| Other Short Term Loans | |||||||||||||||
| Long term loans | |||||||||||||||
| Hire Purchase and Lease Commitments | -7,722 | -11,883 | -11,883 | 31,488 | |||||||||||
| other long term liabilities | -4,241 | -7,268 | -7,268 | 18,777 | |||||||||||
| share issue | |||||||||||||||
| interest | |||||||||||||||
| cash flow from financing | |||||||||||||||
| cash and cash equivalents | |||||||||||||||
| cash | -799,649 | -1,000,603 | 131,980 | 1,693,449 | -1,155,005 | -19,803 | 818,691 | 183,886 | -326,429 | -168,996 | 350,886 | 229,952 | -127,715 | -32,943 | 377,410 |
| overdraft | 627,500 | -881,244 | 791,244 | -780,000 | 960,000 | -420,000 | -439,000 | 700,000 | -405,000 | 285,000 | -81,000 | 265,000 | 121,000 | 199,000 | |
| change in cash | -799,649 | -1,628,103 | 1,013,224 | 902,205 | -375,005 | -979,803 | 1,238,691 | 622,886 | -1,026,429 | 236,004 | 65,886 | 310,952 | -392,715 | -153,943 | 178,410 |
hereward homes limited Credit Report and Business Information
Hereward Homes Limited Competitor Analysis
Perform a competitor analysis for hereward homes limited by selecting its closest rivals, whether from the CONSTRUCTION sector, other small companies, companies in LE15 area or any other competitors across 12 key performance metrics.
hereward homes limited Ownership
HEREWARD HOMES LIMITED group structure
Hereward Homes Limited has no subsidiary companies.
Ultimate parent company
HEREWARD HOMES LIMITED
03972891
hereward homes limited directors
Hereward Homes Limited currently has 1 director, Mr Jonathan Gibbison serving since Apr 2000.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Jonathan Gibbison | England | 67 years | Apr 2000 | - | Director |
P&L
April 2024turnover
2.9m
-4%
operating profit
356.4k
0%
gross margin
26.6%
+0.05%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
April 2024net assets
3.9m
+0.06%
total assets
6.7m
0%
cash
155.1k
-0.84%
net assets
Total assets minus all liabilities
hereward homes limited company details
company number
03972891
Type
Private limited with Share Capital
industry
41100 - Development of building projects
incorporation date
April 2000
age
25
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
April 2024
previous names
N/A
accountant
-
auditor
-
address
the old barn 27b crocket lane, empingham, rutland, LE15 8PW
Bank
HANDELSBANKEN
Legal Advisor
-
hereward 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 30 charges/mortgages relating to hereward homes limited. Currently there are 0 open charges and 30 have been satisfied in the past.
hereward 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.
Click to start generating capital raising & share issue transactions for HEREWARD HOMES LIMITED. This can take several minutes, an email will notify you when this has completed.
hereward homes limited Companies House Filings - See Documents
| date | description | view/download |
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