east end homes limited
east end homes limited Company Information
Group Structure
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Industry
Renting and operating of Housing Association real estate
Registered Address
3 resolution plaza, spitalfields, london, E1 6PS
Website
www.eastendhomes.neteast end homes limited Estimated Valuation
Pomanda estimates the enterprise value of EAST END HOMES LIMITED at £253.7m based on a Turnover of £28.9m and 8.79x industry multiple (adjusted for size and gross margin).
east end homes limited Estimated Valuation
Pomanda estimates the enterprise value of EAST END HOMES LIMITED at £121.5m based on an EBITDA of £7.8m and a 15.59x industry multiple (adjusted for size and gross margin).
east end homes limited Estimated Valuation
Pomanda estimates the enterprise value of EAST END HOMES LIMITED at £144m based on Net Assets of £80m and 1.8x industry multiple (adjusted for liquidity).
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East End Homes Limited Overview
East End Homes Limited is a live company located in london, E1 6PS with a Companies House number of 04516155. It operates in the renting and operating of housing association real estate sector, SIC Code 68201. Founded in August 2002, it's largest shareholder is unknown. East End Homes Limited is a mature, large sized company, Pomanda has estimated its turnover at £28.9m with healthy growth in recent years.
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East End Homes Limited Health Check
Pomanda's financial health check has awarded East End Homes Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 7 measures and has 2 areas for improvement. Company Health Check FAQs
7 Strong
2 Regular
2 Weak
Size
annual sales of £28.9m, make it larger than the average company (£1.5m)
£28.9m - East End Homes Limited
£1.5m - Industry AVG
Growth
3 year (CAGR) sales growth of 11%, show it is growing at a faster rate (5.2%)
11% - East End Homes Limited
5.2% - Industry AVG
Production
with a gross margin of 93%, this company has a lower cost of product (61.9%)
93% - East End Homes Limited
61.9% - Industry AVG
Profitability
an operating margin of 14.2% make it as profitable than the average company (14.6%)
14.2% - East End Homes Limited
14.6% - Industry AVG
Employees
with 102 employees, this is above the industry average (7)
102 - East End Homes Limited
7 - Industry AVG
Pay Structure
on an average salary of £64.4k, the company has a higher pay structure (£35.2k)
£64.4k - East End Homes Limited
£35.2k - Industry AVG
Efficiency
resulting in sales per employee of £283k, this is more efficient (£158.2k)
£283k - East End Homes Limited
£158.2k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- - East End Homes Limited
- - Industry AVG
Creditor Days
its suppliers are paid after 239 days, this is slower than average (38 days)
239 days - East End Homes Limited
38 days - Industry AVG
Stock Days
it holds stock equivalent to 106 days, this is less than average (148 days)
106 days - East End Homes Limited
148 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 13 weeks, this is less cash available to meet short term requirements (22 weeks)
13 weeks - East End Homes Limited
22 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 67%, this is a similar level of debt than the average (70.8%)
67% - East End Homes Limited
70.8% - Industry AVG
EAST END HOMES LIMITED financials
East End Homes Limited's latest turnover from March 2024 is £28.9 million and the company has net assets of £80 million. According to their latest financial statements, East End Homes Limited has 102 employees and maintains cash reserves of £4.7 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 28,863,000 | 24,171,000 | 21,347,000 | 21,313,000 | 22,943,000 | 21,682,000 | 21,299,000 | 22,920,000 | 34,623,000 | 24,166,000 | 20,585,000 | 18,055,000 | 16,946,000 | 14,279,000 | 15,002,000 |
| Other Income Or Grants | |||||||||||||||
| Cost Of Sales | 2,035,000 | 402,000 | |||||||||||||
| Gross Profit | 26,828,000 | 23,769,000 | 21,347,000 | ||||||||||||
| Admin Expenses | 22,732,000 | 16,962,000 | 17,677,000 | ||||||||||||
| Operating Profit | 4,096,000 | 6,807,000 | 3,670,000 | 4,707,000 | 3,787,000 | 4,857,000 | 5,669,000 | 7,987,000 | 20,083,000 | 9,367,000 | 7,134,000 | 4,852,000 | 5,358,000 | 1,568,000 | 2,962,000 |
| Interest Payable | 3,912,000 | 3,479,000 | 4,829,000 | 2,256,000 | 2,459,000 | 2,177,000 | 1,932,000 | 1,928,000 | 2,082,000 | 2,251,000 | 2,072,000 | 2,018,000 | 1,793,000 | 1,610,000 | 1,292,000 |
| Interest Receivable | 706,000 | 363,000 | 55,000 | 24,000 | 57,000 | 47,000 | 17,000 | 8,000 | 33,000 | 22,000 | 20,000 | 18,000 | 11,000 | 19,000 | 21,000 |
| Pre-Tax Profit | 890,000 | 3,691,000 | -1,104,000 | 2,845,000 | 1,385,000 | 3,145,000 | 4,509,000 | 9,206,000 | 20,299,000 | 9,147,000 | 6,357,000 | 2,905,000 | 3,927,000 | 659,000 | 1,691,000 |
| Tax | |||||||||||||||
| Profit After Tax | 890,000 | 3,691,000 | -1,104,000 | 2,845,000 | 1,385,000 | 3,145,000 | 4,509,000 | 9,206,000 | 20,299,000 | 9,147,000 | 6,357,000 | 2,905,000 | 3,927,000 | 659,000 | 1,691,000 |
| Dividends Paid | |||||||||||||||
| Retained Profit | 890,000 | 3,691,000 | -1,104,000 | 2,845,000 | 1,385,000 | 3,145,000 | 4,509,000 | 9,206,000 | 20,299,000 | 9,147,000 | 6,357,000 | 2,905,000 | 3,927,000 | 659,000 | 1,691,000 |
| Employee Costs | 6,572,000 | 5,530,000 | 4,922,000 | 5,208,000 | 4,923,000 | 4,815,000 | 4,858,000 | 4,962,000 | 4,843,000 | 4,925,000 | 4,687,000 | 4,606,000 | 4,426,000 | 4,145,000 | 3,949,000 |
| Number Of Employees | 102 | 93 | 96 | 100 | 99 | 110 | 113 | 111 | 115 | 116 | 116 | 113 | 110 | 99 | 98 |
| EBITDA* | 7,798,000 | 10,506,000 | 7,245,000 | 8,154,000 | 8,144,000 | 7,831,000 | 8,373,000 | 10,807,000 | 22,506,000 | 11,145,000 | 8,652,000 | 6,264,000 | 6,644,000 | 2,761,000 | 3,984,000 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 212,523,000 | 200,655,000 | 184,230,000 | 169,361,000 | 155,516,000 | 143,480,000 | 140,317,000 | 137,267,000 | 134,403,000 | 126,477,000 | 67,347,000 | 65,384,000 | 61,888,000 | 52,851,000 | 41,040,000 |
| Intangible Assets | |||||||||||||||
| Investments & Other | 19,729,000 | 26,325,000 | 20,460,000 | 17,590,000 | 18,489,000 | 13,605,000 | 12,989,000 | 13,347,000 | 11,250,000 | 8,338,000 | 5,436,000 | ||||
| Debtors (Due After 1 year) | 503,000 | 503,000 | 503,000 | 503,000 | 503,000 | 1,313,000 | 945,000 | 900,000 | 917,000 | 934,000 | 952,000 | 969,000 | 986,000 | 1,003,000 | 1,020,000 |
| Total Fixed Assets | 232,755,000 | 227,483,000 | 205,193,000 | 187,454,000 | 174,508,000 | 158,398,000 | 154,251,000 | 151,514,000 | 146,570,000 | 135,749,000 | 73,735,000 | 66,353,000 | 62,874,000 | 53,854,000 | 42,060,000 |
| Stock & work in progress | 596,000 | 2,471,000 | 3,250,000 | ||||||||||||
| Trade Debtors | 4,101,000 | 3,674,000 | 1,638,000 | 1,707,000 | 1,610,000 | 1,803,000 | 1,132,000 | ||||||||
| Group Debtors | |||||||||||||||
| Misc Debtors | 4,338,000 | 7,547,000 | 4,530,000 | 908,000 | 1,846,000 | 16,210,000 | 6,844,000 | 6,874,000 | 4,417,000 | 3,841,000 | 1,446,000 | 1,167,000 | 1,758,000 | 1,103,000 | |
| Cash | 4,685,000 | 8,977,000 | 10,129,000 | 8,870,000 | 3,432,000 | 7,571,000 | 7,366,000 | 7,327,000 | 6,140,000 | 2,577,000 | 4,180,000 | 4,427,000 | 5,722,000 | 3,862,000 | 7,707,000 |
| misc current assets | |||||||||||||||
| total current assets | 9,619,000 | 18,995,000 | 17,909,000 | 13,879,000 | 8,952,000 | 23,781,000 | 14,210,000 | 14,201,000 | 10,557,000 | 6,418,000 | 7,264,000 | 7,301,000 | 9,090,000 | 5,665,000 | 9,942,000 |
| total assets | 242,374,000 | 246,478,000 | 223,102,000 | 201,333,000 | 183,460,000 | 182,179,000 | 168,461,000 | 165,715,000 | 157,127,000 | 142,167,000 | 80,999,000 | 73,654,000 | 71,964,000 | 59,519,000 | 52,002,000 |
| Bank overdraft | |||||||||||||||
| Bank loan | |||||||||||||||
| Trade Creditors | 1,336,000 | 161,000 | 361,000 | 268,000 | 685,000 | 1,736,000 | 1,392,000 | 1,072,000 | 657,000 | 817,000 | 793,000 | 769,000 | |||
| Group/Directors Accounts | |||||||||||||||
| other short term finances | 10,000,000 | 10,000,000 | 10,000,000 | 1,000,000 | 1,000,000 | 12,500,000 | |||||||||
| hp & lease commitments | |||||||||||||||
| other current liabilities | 6,817,000 | 6,552,000 | 6,269,000 | 6,598,000 | 8,707,000 | 6,846,000 | 6,438,000 | 6,227,000 | 5,236,000 | 5,405,000 | 4,819,000 | 6,813,000 | 7,861,000 | 11,596,000 | 7,564,000 |
| total current liabilities | 18,153,000 | 16,713,000 | 16,269,000 | 7,598,000 | 8,707,000 | 7,207,000 | 7,706,000 | 19,412,000 | 6,972,000 | 6,797,000 | 5,891,000 | 7,470,000 | 8,678,000 | 12,389,000 | 8,333,000 |
| loans | 83,208,000 | 83,147,000 | 68,368,000 | 56,589,000 | 43,500,000 | 48,500,000 | 37,500,000 | 27,000,000 | 39,500,000 | 44,500,000 | 44,500,000 | 39,500,000 | 39,500,000 | 30,500,000 | 30,500,000 |
| hp & lease commitments | |||||||||||||||
| Accruals and Deferred Income | 60,131,000 | 59,462,000 | 57,872,000 | 54,939,000 | 52,350,000 | 52,754,000 | 53,310,000 | 53,866,000 | 54,422,000 | ||||||
| other liabilities | 204,000 | 252,000 | 2,781,000 | 5,617,000 | 5,624,000 | 2,395,000 | 1,266,000 | ||||||||
| provisions | 886,000 | 2,487,000 | 3,936,000 | 3,150,000 | 3,742,000 | 2,420,000 | 846,000 | 4,669,000 | |||||||
| total long term liabilities | 144,225,000 | 142,609,000 | 126,240,000 | 56,589,000 | 98,439,000 | 103,430,000 | 91,084,000 | 81,593,000 | 96,138,000 | 103,101,000 | 50,431,000 | 48,859,000 | 47,544,000 | 33,741,000 | 36,435,000 |
| total liabilities | 162,378,000 | 159,322,000 | 142,509,000 | 64,187,000 | 107,146,000 | 110,637,000 | 98,790,000 | 101,005,000 | 103,110,000 | 109,898,000 | 56,322,000 | 56,329,000 | 56,222,000 | 46,130,000 | 44,768,000 |
| net assets | 79,996,000 | 87,156,000 | 80,593,000 | 137,146,000 | 76,314,000 | 71,542,000 | 69,671,000 | 64,710,000 | 54,017,000 | 32,269,000 | 24,677,000 | 17,325,000 | 15,742,000 | 13,389,000 | 7,234,000 |
| total shareholders funds | 79,996,000 | 87,156,000 | 80,593,000 | 137,146,000 | 76,314,000 | 71,542,000 | 69,671,000 | 64,710,000 | 54,017,000 | 32,269,000 | 24,677,000 | 17,325,000 | 15,742,000 | 13,389,000 | 7,234,000 |
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | 4,096,000 | 6,807,000 | 3,670,000 | 4,707,000 | 3,787,000 | 4,857,000 | 5,669,000 | 7,987,000 | 20,083,000 | 9,367,000 | 7,134,000 | 4,852,000 | 5,358,000 | 1,568,000 | 2,962,000 |
| Depreciation | 3,702,000 | 3,699,000 | 3,575,000 | 3,447,000 | 4,357,000 | 2,974,000 | 2,704,000 | 2,820,000 | 2,423,000 | 1,778,000 | 1,518,000 | 1,412,000 | 1,286,000 | 1,193,000 | 1,022,000 |
| Amortisation | |||||||||||||||
| Tax | |||||||||||||||
| Stock | -1,875,000 | -779,000 | 3,250,000 | ||||||||||||
| Debtors | -3,209,000 | 3,017,000 | -479,000 | -511,000 | -11,500,000 | 9,734,000 | 15,000 | 2,440,000 | 559,000 | 739,000 | 193,000 | -511,000 | 1,548,000 | -449,000 | 3,255,000 |
| Creditors | 1,175,000 | 161,000 | -361,000 | 93,000 | -417,000 | -1,051,000 | 344,000 | 320,000 | 415,000 | -160,000 | 24,000 | 24,000 | 769,000 | ||
| Accruals and Deferred Income | 934,000 | 1,873,000 | 57,543,000 | -57,048,000 | 4,450,000 | 4,000 | -345,000 | 435,000 | -725,000 | 55,008,000 | -1,994,000 | -1,048,000 | -3,735,000 | 4,032,000 | 7,564,000 |
| Deferred Taxes & Provisions | 886,000 | -2,487,000 | -1,449,000 | 786,000 | -592,000 | 1,322,000 | 1,574,000 | -3,823,000 | 4,669,000 | ||||||
| Cash flow from operations | 15,877,000 | 10,302,000 | 62,017,000 | -48,383,000 | 23,733,000 | -1,806,000 | 7,596,000 | 5,264,000 | 20,117,000 | 66,520,000 | 6,288,000 | 6,889,000 | 2,959,000 | 3,443,000 | 13,731,000 |
| Investing Activities | |||||||||||||||
| capital expenditure | 172,000 | 1,615,000 | 4,585,000 | -12,224,000 | -5,926,000 | -11,155,000 | -7,301,000 | -12,075,000 | |||||||
| Change in Investments | -6,596,000 | 5,865,000 | 2,870,000 | -899,000 | 4,884,000 | 616,000 | -358,000 | 2,097,000 | 2,912,000 | 2,902,000 | 5,436,000 | ||||
| cash flow from investments | 6,596,000 | -5,865,000 | -2,870,000 | 899,000 | -4,884,000 | -444,000 | 1,973,000 | 2,488,000 | -2,912,000 | -2,902,000 | -17,660,000 | -5,926,000 | -11,155,000 | -7,301,000 | -12,075,000 |
| Financing Activities | |||||||||||||||
| Bank loans | |||||||||||||||
| Group/Directors Accounts | |||||||||||||||
| Other Short Term Loans | 9,000,000 | 1,000,000 | -1,000,000 | -11,500,000 | 12,500,000 | ||||||||||
| Long term loans | 61,000 | 14,779,000 | 11,779,000 | 13,089,000 | -5,000,000 | 11,000,000 | 10,500,000 | -12,500,000 | -5,000,000 | 5,000,000 | 9,000,000 | 30,500,000 | |||
| Hire Purchase and Lease Commitments | |||||||||||||||
| other long term liabilities | -204,000 | -48,000 | 252,000 | -2,781,000 | -2,836,000 | -7,000 | 3,229,000 | 1,129,000 | 1,266,000 | ||||||
| share issue | |||||||||||||||
| interest | -3,206,000 | -3,116,000 | -4,774,000 | -2,232,000 | -2,402,000 | -2,130,000 | -1,915,000 | -1,920,000 | -2,049,000 | -2,229,000 | -2,052,000 | -2,000,000 | -1,782,000 | -1,591,000 | -1,271,000 |
| cash flow from financing | -11,195,000 | 14,535,000 | -39,444,000 | 69,844,000 | -4,015,000 | 6,392,000 | -2,511,000 | -181,000 | -5,600,000 | -6,565,000 | 1,107,000 | -3,329,000 | 8,873,000 | 5,034,000 | 36,038,000 |
| cash and cash equivalents | |||||||||||||||
| cash | -4,292,000 | -1,152,000 | 1,259,000 | 5,438,000 | -4,139,000 | 205,000 | 39,000 | 1,187,000 | 3,563,000 | -1,603,000 | -247,000 | -1,295,000 | 1,860,000 | -3,845,000 | 7,707,000 |
| overdraft | |||||||||||||||
| change in cash | -4,292,000 | -1,152,000 | 1,259,000 | 5,438,000 | -4,139,000 | 205,000 | 39,000 | 1,187,000 | 3,563,000 | -1,603,000 | -247,000 | -1,295,000 | 1,860,000 | -3,845,000 | 7,707,000 |
east end homes limited Credit Report and Business Information
East End Homes Limited Competitor Analysis
Perform a competitor analysis for east end homes limited by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other large companies, companies in E 1 area or any other competitors across 12 key performance metrics.
east end homes limited Ownership
EAST END HOMES LIMITED group structure
East End Homes Limited has 1 subsidiary company.
Ultimate parent company
EAST END HOMES LIMITED
04516155
1 subsidiary
east end homes limited directors
East End Homes Limited currently has 12 directors. The longest serving directors include Mrs Forhana Begum (Sep 2019) and Mrs Emma Palmer (Jun 2023).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mrs Forhana Begum | 48 years | Sep 2019 | - | Director | |
| Mrs Emma Palmer | United Kingdom | 51 years | Jun 2023 | - | Director |
| Mrs Jacqui Bateson | 64 years | Jun 2023 | - | Director | |
| Mr Kenneth Beech | 62 years | Sep 2023 | - | Director | |
| Mr John Wu | 41 years | Sep 2023 | - | Director | |
| Mr Simon Turek | Wales | 39 years | Nov 2023 | - | Director |
| Mrs Tracey Gray | 48 years | Nov 2023 | - | Director | |
| Mr Pradeep Jeyaratnam-Joyner | United Kingdom | 46 years | Sep 2024 | - | Director |
| Keziah Halliday | 45 years | Sep 2024 | - | Director | |
| Dr Dewbien Plummer | 46 years | Sep 2024 | - | Director |
P&L
March 2024turnover
28.9m
+19%
operating profit
4.1m
-40%
gross margin
93%
-5.48%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2024net assets
80m
-0.08%
total assets
242.4m
-0.02%
cash
4.7m
-0.48%
net assets
Total assets minus all liabilities
east end homes limited company details
company number
04516155
Type
Private Ltd By Guarantee w/o Share Cap
industry
68201 - Renting and operating of Housing Association real estate
incorporation date
August 2002
age
23
incorporated
UK
ultimate parent company
accounts
Group
last accounts submitted
March 2024
previous names
N/A
accountant
-
auditor
BEEVER & STRUTHERS
address
3 resolution plaza, spitalfields, london, E1 6PS
Bank
BARCLAYS BANK PLC
Legal Advisor
TROWES & HAMLINS
east end 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 15 charges/mortgages relating to east end homes limited. Currently there are 14 open charges and 1 have been satisfied in the past.
east end 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 EAST END HOMES LIMITED. This can take several minutes, an email will notify you when this has completed.
east end homes limited Companies House Filings - See Documents
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