telford homes limited
telford homes limited Company Information
Company Number
04118370
Next Accounts
Sep 2025
Directors
Shareholders
cbre evergreen acquisition co. 2 limited
Group Structure
View All
Industry
Development of building projects
Registered Address
telford house queensgate, britannia road, waltham cross, hertfordshire, EN8 7TF
Website
-telford homes limited Estimated Valuation
Pomanda estimates the enterprise value of TELFORD HOMES LIMITED at £86.6m based on a Turnover of £165m and 0.52x industry multiple (adjusted for size and gross margin).
telford homes limited Estimated Valuation
Pomanda estimates the enterprise value of TELFORD HOMES LIMITED at £0 based on an EBITDA of £-37.8m and a 4.15x industry multiple (adjusted for size and gross margin).
telford homes limited Estimated Valuation
Pomanda estimates the enterprise value of TELFORD HOMES LIMITED at £200.6m based on Net Assets of £142m and 1.41x industry multiple (adjusted for liquidity).
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Telford Homes Limited Overview
Telford Homes Limited is a live company located in waltham cross, EN8 7TF with a Companies House number of 04118370. It operates in the development of building projects sector, SIC Code 41100. Founded in December 2000, it's largest shareholder is cbre evergreen acquisition co. 2 limited with a 100% stake. Telford Homes Limited is a mature, mega sized company, Pomanda has estimated its turnover at £165m with low growth in recent years.
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Telford Homes Limited Health Check
Pomanda's financial health check has awarded Telford Homes Limited a 4 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 6 areas for improvement. Company Health Check FAQs
5 Strong
1 Regular
6 Weak
Size
annual sales of £165m, make it larger than the average company (£2.5m)
£165m - Telford Homes Limited
£2.5m - Industry AVG
Growth
3 year (CAGR) sales growth of 4%, show it is growing at a similar rate (4.8%)
4% - Telford Homes Limited
4.8% - Industry AVG
Production
with a gross margin of -0.1%, this company has a higher cost of product (27.1%)
-0.1% - Telford Homes Limited
27.1% - Industry AVG
Profitability
an operating margin of -23.7% make it less profitable than the average company (6.9%)
-23.7% - Telford Homes Limited
6.9% - Industry AVG
Employees
with 242 employees, this is above the industry average (7)
242 - Telford Homes Limited
7 - Industry AVG
Pay Structure
on an average salary of £101.4k, the company has a higher pay structure (£48.1k)
£101.4k - Telford Homes Limited
£48.1k - Industry AVG
Efficiency
resulting in sales per employee of £681.9k, this is more efficient (£290.1k)
£681.9k - Telford Homes Limited
£290.1k - Industry AVG
Debtor Days
it gets paid by customers after 197 days, this is later than average (28 days)
197 days - Telford Homes Limited
28 days - Industry AVG
Creditor Days
its suppliers are paid after 48 days, this is slower than average (31 days)
48 days - Telford Homes Limited
31 days - Industry AVG
Stock Days
it holds stock equivalent to 381 days, this is more than average (156 days)
381 days - Telford Homes Limited
156 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 1 weeks, this is less cash available to meet short term requirements (12 weeks)
1 weeks - Telford Homes Limited
12 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 64.3%, this is a lower level of debt than the average (73.6%)
64.3% - Telford Homes Limited
73.6% - Industry AVG
TELFORD HOMES LIMITED financials
Telford Homes Limited's latest turnover from December 2023 is £165 million and the company has net assets of £142 million. According to their latest financial statements, Telford Homes Limited has 242 employees and maintains cash reserves of £3.8 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 165,030,000 | 296,300,000 | 281,770,000 | 146,872,000 | 134,257,000 | 336,122,000 | 294,781,000 | 265,975,000 | 242,679,000 | 173,452,000 | 94,024,000 | 142,408,000 | 124,352,000 | 121,071,000 | 159,338,000 |
| Other Income Or Grants | |||||||||||||||
| Cost Of Sales | 165,165,000 | 294,740,000 | 258,673,000 | 131,142,000 | 109,791,000 | 261,112,000 | 220,026,000 | 208,966,000 | 180,869,000 | 119,592,000 | 69,748,000 | 111,006,000 | 105,432,000 | 105,198,000 | 139,001,000 |
| Gross Profit | -135,000 | 1,560,000 | 23,097,000 | 15,730,000 | 24,466,000 | 75,010,000 | 74,755,000 | 57,009,000 | 61,810,000 | 53,860,000 | 24,276,000 | 31,402,000 | 18,920,000 | 15,873,000 | 20,337,000 |
| Admin Expenses | 39,023,000 | 192,798,000 | 37,279,000 | 15,452,000 | 20,321,000 | 34,052,000 | 27,318,000 | 20,236,000 | 27,268,000 | 25,840,000 | 3,154,000 | 20,802,000 | 14,170,000 | 11,980,000 | 11,681,000 |
| Operating Profit | -39,158,000 | -191,238,000 | -14,182,000 | 278,000 | 4,145,000 | 40,958,000 | 47,437,000 | 36,773,000 | 34,542,000 | 28,020,000 | 21,122,000 | 10,600,000 | 4,750,000 | 3,893,000 | 8,656,000 |
| Interest Payable | 1,583,000 | 1,589,000 | 1,012,000 | 501,000 | 6,766,000 | 2,015,000 | 1,902,000 | 2,231,000 | 2,344,000 | 3,038,000 | 2,297,000 | 1,882,000 | 1,832,000 | 1,108,000 | 1,651,000 |
| Interest Receivable | 827,000 | 212,000 | 951,000 | 1,881,000 | 1,318,000 | 1,397,000 | 773,000 | 90,000 | 117,000 | 142,000 | 406,000 | 319,000 | 127,000 | 249,000 | 333,000 |
| Pre-Tax Profit | -39,914,000 | -192,615,000 | -14,243,000 | 1,658,000 | -1,303,000 | 40,340,000 | 46,308,000 | 34,632,000 | 32,315,000 | 25,128,000 | 19,231,000 | 9,037,000 | 3,045,000 | 3,034,000 | 7,338,000 |
| Tax | 12,140,000 | 39,461,000 | 2,573,000 | 902,000 | -923,000 | -6,709,000 | -8,893,000 | -7,113,000 | -6,589,000 | -5,464,000 | -4,347,000 | -2,010,000 | -759,000 | -742,000 | -2,019,000 |
| Profit After Tax | -27,774,000 | -153,154,000 | -11,670,000 | 2,560,000 | -2,226,000 | 33,631,000 | 37,415,000 | 27,519,000 | 25,726,000 | 19,664,000 | 14,884,000 | 7,027,000 | 2,286,000 | 2,292,000 | 5,319,000 |
| Dividends Paid | 6,463,000 | 13,187,000 | 12,383,000 | 11,135,000 | 8,443,000 | 6,061,000 | 3,591,000 | 1,743,000 | 1,348,000 | 1,227,000 | 295,000 | ||||
| Retained Profit | -27,774,000 | -153,154,000 | -11,670,000 | 2,560,000 | -8,689,000 | 20,444,000 | 25,032,000 | 16,384,000 | 17,283,000 | 13,603,000 | 11,293,000 | 5,284,000 | 938,000 | 1,065,000 | 5,024,000 |
| Employee Costs | 24,540,000 | 31,726,000 | 29,851,000 | 28,934,000 | 24,053,000 | 27,456,000 | 24,044,000 | 21,157,000 | 19,317,000 | 16,517,000 | 14,276,000 | 12,568,000 | 11,079,000 | 9,552,000 | 9,850,000 |
| Number Of Employees | 242 | 285 | 335 | 314 | 337 | 317 | 265 | 238 | 219 | 212 | 195 | 185 | 177 | 157 | 151 |
| EBITDA* | -37,774,000 | -189,693,000 | -12,645,000 | 1,903,000 | 5,270,000 | 42,165,000 | 48,343,000 | 37,372,000 | 35,152,000 | 28,373,000 | 21,617,000 | 10,808,000 | 4,946,000 | 4,068,000 | 9,043,000 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 89,904,000 | 94,943,000 | 78,878,000 | 79,494,000 | 76,399,000 | 88,141,000 | 56,730,000 | 48,926,000 | 43,776,000 | 7,021,000 | 14,336,000 | 1,133,000 | 536,000 | 408,000 | 489,000 |
| Intangible Assets | 289,000 | 289,000 | 289,000 | 289,000 | 289,000 | 289,000 | 289,000 | 289,000 | 304,000 | ||||||
| Investments & Other | 35,421,000 | 47,847,000 | 63,779,000 | 72,065,000 | 70,012,000 | 85,578,000 | 54,259,000 | 47,554,000 | 42,101,000 | 5,127,000 | 12,331,000 | ||||
| Debtors (Due After 1 year) | 51,629,000 | 43,093,000 | 4,990,000 | 682,000 | 100,000 | ||||||||||
| Total Fixed Assets | 90,193,000 | 95,232,000 | 74,177,000 | 79,101,000 | 76,688,000 | 88,430,000 | 57,019,000 | 49,215,000 | 44,080,000 | 7,021,000 | 14,336,000 | 1,133,000 | 536,000 | 408,000 | 489,000 |
| Stock & work in progress | 172,793,000 | 175,494,000 | 227,275,000 | 211,045,000 | 187,085,000 | 197,440,000 | 300,008,000 | 287,652,000 | 238,976,000 | 254,704,000 | 156,159,000 | 132,478,000 | 135,810,000 | 125,181,000 | 120,047,000 |
| Trade Debtors | 89,175,000 | 100,146,000 | 68,429,000 | 32,789,000 | 25,848,000 | 55,919,000 | 32,865,000 | 25,797,000 | 22,722,000 | 4,430,000 | 3,360,000 | 13,897,000 | 4,912,000 | 11,213,000 | 3,963,000 |
| Group Debtors | 26,645,000 | 15,208,000 | 20,779,000 | 24,139,000 | 24,961,000 | 44,900,000 | 20,880,000 | 8,012,000 | 2,465,000 | 1,431,000 | 2,168,000 | 2,928,000 | 1,109,000 | 244,000 | 1,601,000 |
| Misc Debtors | 14,510,000 | 18,884,000 | 19,300,000 | 11,468,000 | 8,558,000 | 7,701,000 | 4,108,000 | 4,479,000 | 6,475,000 | 5,833,000 | 1,934,000 | 2,552,000 | 10,840,000 | 2,754,000 | 2,074,000 |
| Cash | 3,845,000 | 4,337,000 | 38,348,000 | 56,552,000 | 50,457,000 | 31,540,000 | 12,808,000 | 38,629,000 | 20,709,000 | 39,659,000 | 32,762,000 | 23,706,000 | 12,419,000 | 18,837,000 | 33,642,000 |
| misc current assets | 2,280,000 | 2,741,000 | 1,818,000 | ||||||||||||
| total current assets | 306,968,000 | 314,069,000 | 374,131,000 | 336,786,000 | 297,656,000 | 339,780,000 | 373,410,000 | 364,569,000 | 293,165,000 | 306,057,000 | 196,383,000 | 175,561,000 | 165,090,000 | 158,229,000 | 161,327,000 |
| total assets | 397,161,000 | 409,301,000 | 448,308,000 | 415,887,000 | 374,344,000 | 428,210,000 | 430,429,000 | 413,784,000 | 337,245,000 | 313,078,000 | 210,719,000 | 176,694,000 | 165,626,000 | 158,637,000 | 161,816,000 |
| Bank overdraft | 21,261,000 | 6,446,000 | |||||||||||||
| Bank loan | 115,000,000 | 53,805,000 | 40,000,000 | 95,000,000 | 28,135,000 | 58,106,000 | 66,983,000 | 64,877,000 | 70,800,000 | ||||||
| Trade Creditors | 21,834,000 | 23,746,000 | 21,812,000 | 13,122,000 | 13,846,000 | 27,572,000 | 23,619,000 | 42,418,000 | 18,361,000 | 13,255,000 | 11,484,000 | 12,469,000 | 9,265,000 | 13,396,000 | 15,639,000 |
| Group/Directors Accounts | |||||||||||||||
| other short term finances | 26,182,000 | 106,715,000 | |||||||||||||
| hp & lease commitments | 768,000 | 924,000 | 43,977,000 | 897,000 | 3,000 | 16,000 | 16,000 | ||||||||
| other current liabilities | 113,603,000 | 116,219,000 | 54,908,000 | 37,303,000 | 21,368,000 | 37,334,000 | 58,898,000 | 110,330,000 | 89,895,000 | 83,367,000 | 65,433,000 | 33,387,000 | 23,156,000 | 15,589,000 | 12,297,000 |
| total current liabilities | 157,466,000 | 147,335,000 | 120,697,000 | 76,607,000 | 36,111,000 | 171,621,000 | 197,517,000 | 206,553,000 | 148,256,000 | 191,622,000 | 105,052,000 | 103,965,000 | 99,420,000 | 93,878,000 | 98,736,000 |
| loans | 3,702,000 | 4,790,000 | 6,446,000 | 7,414,000 | 8,616,000 | 2,016,000 | 360,000 | 1,096,000 | 1,322,000 | 778,000 | 6,000 | 38,000 | |||
| hp & lease commitments | 1,851,000 | 2,395,000 | 3,223,000 | 3,707,000 | 4,308,000 | 3,000 | 19,000 | ||||||||
| Accruals and Deferred Income | 1,489,000 | 1,004,000 | 944,000 | 894,000 | 1,268,000 | 1,850,000 | 1,358,000 | 679,000 | 275,000 | ||||||
| other liabilities | 936,000 | 868,000 | |||||||||||||
| provisions | 189,874,000 | 177,916,000 | 1,944,000 | 1,654,000 | 386,000 | ||||||||||
| total long term liabilities | 97,724,000 | 92,221,000 | 4,712,000 | 4,711,000 | 6,224,000 | 3,737,000 | 1,821,000 | 2,946,000 | 2,019,000 | 1,068,000 | 275,000 | 3,000 | 19,000 | ||
| total liabilities | 255,190,000 | 239,556,000 | 125,409,000 | 81,318,000 | 42,335,000 | 175,358,000 | 199,338,000 | 209,499,000 | 150,275,000 | 192,690,000 | 105,327,000 | 103,965,000 | 99,423,000 | 93,897,000 | 98,736,000 |
| net assets | 141,971,000 | 169,745,000 | 322,899,000 | 334,569,000 | 332,009,000 | 252,852,000 | 231,091,000 | 204,285,000 | 186,970,000 | 120,388,000 | 105,392,000 | 72,729,000 | 66,203,000 | 64,740,000 | 63,080,000 |
| total shareholders funds | 141,971,000 | 169,745,000 | 322,899,000 | 334,569,000 | 332,009,000 | 252,852,000 | 231,091,000 | 204,285,000 | 186,970,000 | 120,388,000 | 105,392,000 | 72,729,000 | 66,203,000 | 64,740,000 | 63,080,000 |
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | -39,158,000 | -191,238,000 | -14,182,000 | 278,000 | 4,145,000 | 40,958,000 | 47,437,000 | 36,773,000 | 34,542,000 | 28,020,000 | 21,122,000 | 10,600,000 | 4,750,000 | 3,893,000 | 8,656,000 |
| Depreciation | 1,384,000 | 1,545,000 | 1,537,000 | 1,625,000 | 1,125,000 | 1,207,000 | 906,000 | 599,000 | 610,000 | 353,000 | 495,000 | 208,000 | 196,000 | 175,000 | 387,000 |
| Amortisation | |||||||||||||||
| Tax | 12,140,000 | 39,461,000 | 2,573,000 | 902,000 | -923,000 | -6,709,000 | -8,893,000 | -7,113,000 | -6,589,000 | -5,464,000 | -4,347,000 | -2,010,000 | -759,000 | -742,000 | -2,019,000 |
| Stock | -2,701,000 | -51,781,000 | 16,230,000 | 23,960,000 | -112,923,000 | -102,568,000 | 12,356,000 | 48,676,000 | -15,728,000 | 98,545,000 | 23,681,000 | -3,332,000 | 10,629,000 | 5,134,000 | 120,047,000 |
| Debtors | 4,628,000 | 63,833,000 | 44,420,000 | 9,711,000 | 1,514,000 | 50,667,000 | 19,465,000 | 6,726,000 | 19,968,000 | 4,232,000 | -11,915,000 | 2,516,000 | 2,650,000 | 6,573,000 | 7,638,000 |
| Creditors | -1,912,000 | 1,934,000 | 8,690,000 | -724,000 | -9,773,000 | 3,953,000 | -18,799,000 | 24,057,000 | 5,106,000 | 1,771,000 | -985,000 | 3,204,000 | -4,131,000 | -2,243,000 | 15,639,000 |
| Accruals and Deferred Income | -2,616,000 | 59,822,000 | 18,090,000 | 15,995,000 | -37,854,000 | -21,938,000 | -52,014,000 | 20,927,000 | 7,207,000 | 18,338,000 | 32,321,000 | 10,231,000 | 7,567,000 | 3,292,000 | 12,297,000 |
| Deferred Taxes & Provisions | 11,958,000 | 177,916,000 | -1,944,000 | 1,558,000 | 1,268,000 | 386,000 | |||||||||
| Cash flow from operations | -20,131,000 | 77,388,000 | -43,942,000 | -17,539,000 | 69,687,000 | 70,640,000 | -62,798,000 | 19,841,000 | 36,636,000 | -59,759,000 | 36,840,000 | 23,049,000 | -5,656,000 | -7,332,000 | -92,725,000 |
| Investing Activities | |||||||||||||||
| capital expenditure | |||||||||||||||
| Change in Investments | -12,426,000 | -15,932,000 | -8,286,000 | 2,053,000 | 15,753,000 | 31,319,000 | 6,705,000 | 5,453,000 | 36,974,000 | -7,204,000 | 12,331,000 | ||||
| cash flow from investments | |||||||||||||||
| Financing Activities | |||||||||||||||
| Bank loans | -115,000,000 | -115,000,000 | 61,195,000 | 13,805,000 | -55,000,000 | 66,865,000 | -29,971,000 | -8,877,000 | 2,106,000 | -5,923,000 | 70,800,000 | ||||
| Group/Directors Accounts | |||||||||||||||
| Other Short Term Loans | -26,182,000 | 26,182,000 | 106,715,000 | ||||||||||||
| Long term loans | -1,088,000 | -1,656,000 | -968,000 | -1,202,000 | 8,256,000 | 1,656,000 | -736,000 | -226,000 | 544,000 | 778,000 | -6,000 | -32,000 | 38,000 | ||
| Hire Purchase and Lease Commitments | -700,000 | -43,881,000 | 43,493,000 | -1,498,000 | 5,205,000 | -3,000 | -16,000 | -16,000 | 35,000 | ||||||
| other long term liabilities | 68,000 | 868,000 | |||||||||||||
| share issue | |||||||||||||||
| interest | -756,000 | -1,377,000 | -61,000 | 1,380,000 | -5,448,000 | -618,000 | -1,129,000 | -2,141,000 | -2,227,000 | -2,896,000 | -1,891,000 | -1,563,000 | -1,705,000 | -859,000 | -1,318,000 |
| cash flow from financing | -2,476,000 | -46,046,000 | 16,282,000 | 24,862,000 | 2,620,000 | -5,930,000 | 61,104,000 | 12,369,000 | -7,384,000 | 66,140,000 | -10,495,000 | -9,220,000 | 878,000 | -6,114,000 | 127,538,000 |
| cash and cash equivalents | |||||||||||||||
| cash | -492,000 | -34,011,000 | -18,204,000 | 6,095,000 | 37,649,000 | 18,732,000 | -25,821,000 | 17,920,000 | -18,950,000 | 6,897,000 | 9,056,000 | 11,287,000 | -6,418,000 | -14,805,000 | 33,642,000 |
| overdraft | 14,815,000 | 6,446,000 | |||||||||||||
| change in cash | -15,307,000 | -40,457,000 | -18,204,000 | 6,095,000 | 37,649,000 | 18,732,000 | -25,821,000 | 17,920,000 | -18,950,000 | 6,897,000 | 9,056,000 | 11,287,000 | -6,418,000 | -14,805,000 | 33,642,000 |
telford homes limited Credit Report and Business Information
Telford Homes Limited Competitor Analysis
Perform a competitor analysis for telford homes limited by selecting its closest rivals, whether from the CONSTRUCTION sector, other mega companies, companies in EN8 area or any other competitors across 12 key performance metrics.
telford homes limited Ownership
TELFORD HOMES LIMITED group structure
Telford Homes Limited has 27 subsidiary companies.
Ultimate parent company
CBRE US LIFTCO LLC
#0171588
2 parents
TELFORD HOMES LIMITED
04118370
27 subsidiaries
telford homes limited directors
Telford Homes Limited currently has 1 director, Mr David Neuman serving since Jun 2022.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr David Neuman | 47 years | Jun 2022 | - | Director |
P&L
December 2023turnover
165m
-44%
operating profit
-39.2m
-80%
gross margin
0%
-115.54%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
142m
-0.16%
total assets
397.2m
-0.03%
cash
3.8m
-0.11%
net assets
Total assets minus all liabilities
telford homes limited company details
company number
04118370
Type
Private limited with Share Capital
industry
41100 - Development of building projects
incorporation date
December 2000
age
25
incorporated
UK
ultimate parent company
accounts
Group
last accounts submitted
December 2023
previous names
telford homes plc (October 2019)
tenchain homes plc (January 2001)
accountant
-
auditor
KPMG LLP
address
telford house queensgate, britannia road, waltham cross, hertfordshire, EN8 7TF
Bank
NATIONAL WESTMINSTER BANK PLC
Legal Advisor
-
telford 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 159 charges/mortgages relating to telford homes limited. Currently there are 14 open charges and 145 have been satisfied in the past.
telford homes limited Capital Raised & Share Issues BETA
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telford homes limited Companies House Filings - See Documents
| date | description | view/download |
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