55 the drive, hove limited

0.5

55 the drive, hove limited Company Information

Share 55 THE DRIVE, HOVE LIMITED
Live 
MatureMicroDeclining

Company Number

04586433

Website

-

Registered Address

2-6 sedlescombe road north, st. leonards-on-sea, east sussex, TN37 7DG

Industry

Residents property management

 

Telephone

-

Next Accounts Due

December 2025

Group Structure

View All

Directors

Roy Holm21 Years

Alexandra Fulton8 Years

View All

Shareholders

gillian c. bradford 12.5%

stephen p. hayter 12.5%

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55 the drive, hove limited Estimated Valuation

£51

Pomanda estimates the enterprise value of 55 THE DRIVE, HOVE LIMITED at £51 based on a Turnover of £30 and 1.7x industry multiple (adjusted for size and gross margin).

55 the drive, hove limited Estimated Valuation

£0

Pomanda estimates the enterprise value of 55 THE DRIVE, HOVE LIMITED at £0 based on an EBITDA of £0 and a 1.18x industry multiple (adjusted for size and gross margin).

55 the drive, hove limited Estimated Valuation

£15

Pomanda estimates the enterprise value of 55 THE DRIVE, HOVE LIMITED at £15 based on Net Assets of £8 and 1.94x industry multiple (adjusted for liquidity).

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55 The Drive, Hove Limited Overview

55 The Drive, Hove Limited is a live company located in east sussex, TN37 7DG with a Companies House number of 04586433. It operates in the residents property management sector, SIC Code 98000. Founded in November 2002, it's largest shareholder is gillian c. bradford with a 12.5% stake. 55 The Drive, Hove Limited is a mature, micro sized company, Pomanda has estimated its turnover at £30.2 with declining growth in recent years.

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55 The Drive, Hove Limited Health Check

Pomanda's financial health check has awarded 55 The Drive, Hove Limited a 0.5 rating. We use a traffic light system to show it exceeds the industry average on 0 measures and has 6 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating0.5out of 5
positive_score

0 Strong

positive_score

1 Regular

positive_score

6 Weak

size

Size

annual sales of £30.2, make it smaller than the average company (£127.2k)

£30.2 - 55 The Drive, Hove Limited

£127.2k - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -7%, show it is growing at a slower rate (6.1%)

-7% - 55 The Drive, Hove Limited

6.1% - Industry AVG

production

Production

with a gross margin of 28.5%, this company has a higher cost of product (77.5%)

28.5% - 55 The Drive, Hove Limited

77.5% - Industry AVG

profitability

Profitability

There is insufficient data available for this Key Performance Indicator!

- - 55 The Drive, Hove Limited

- - Industry AVG

employees

Employees

with 1 employees, this is below the industry average (6)

1 - 55 The Drive, Hove Limited

6 - Industry AVG

paystructure

Pay Structure

on an average salary of £27.4k, the company has an equivalent pay structure (£27.4k)

£27.4k - 55 The Drive, Hove Limited

£27.4k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £30.2, this is less efficient (£62k)

£30.2 - 55 The Drive, Hove Limited

£62k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 96 days, this is later than average (36 days)

96 days - 55 The Drive, Hove Limited

36 days - Industry AVG

creditordays

Creditor Days

There is insufficient data available for this Key Performance Indicator!

- - 55 The Drive, Hove Limited

- - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - 55 The Drive, Hove Limited

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - 55 The Drive, Hove Limited

- - Industry AVG

debtlevel

Debt Level

There is insufficient data available for this Key Performance Indicator!

- - 55 The Drive, Hove Limited

- - Industry AVG

55 THE DRIVE, HOVE LIMITED financials

EXPORTms excel logo

55 The Drive, Hove Limited's latest turnover from March 2024 is estimated at £30 and the company has net assets of £8. According to their latest financial statements, we estimate that 55 The Drive, Hove Limited has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Turnover30323838393538480027,7516,862000
Other Income Or Grants000000000000000
Cost Of Sales22212629303031430025,9476,560000
Gross Profit9111299575001,804302000
Admin Expenses911129957-50-3,0242,1662,338000
Operating Profit00000001003,024-362-2,036000
Interest Payable000000000000000
Interest Receivable000000000352000
Pre-Tax Profit00000001003,027-357-2,034000
Tax0000000-20-63600000
Profit After Tax0000000802,391-357-2,034000
Dividends Paid000000000000000
Retained Profit0000000802,391-357-2,034000
Employee Costs27,35530,37427,32025,33520,27017,86819,26614,3250011,20210,562000
Number Of Employees111111110011000
EBITDA*00000001003,024-362-2,036000

* Earnings Before Interest, Tax, Depreciation and Amortisation

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Tangible Assets000000000000000
Intangible Assets000000000000000
Investments & Other000000008800000
Debtors (Due After 1 year)000000000000000
Total Fixed Assets000000008800000
Stock & work in progress000000000000000
Trade Debtors88888888002,4998000
Group Debtors000000000000000
Misc Debtors000000000000000
Cash00000000001,184764000
misc current assets000000000000000
total current assets88888888003,683772000
total assets88888888883,683772000
Bank overdraft000000000000000
Bank loan000000000000000
Trade Creditors 00000000006,0662,798000
Group/Directors Accounts000000000000000
other short term finances000000000000000
hp & lease commitments000000000000000
other current liabilities000000000000000
total current liabilities00000000006,0662,798000
loans000000000000000
hp & lease commitments000000000000000
Accruals and Deferred Income000000000000000
other liabilities000000000000000
provisions000000000000000
total long term liabilities000000000000000
total liabilities00000000006,0662,798000
net assets8888888888-2,383-2,026000
total shareholders funds8888888888-2,383-2,026000
Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Operating Activities
Operating Profit00000001003,024-362-2,036000
Depreciation000000000000000
Amortisation000000000000000
Tax0000000-20-63600000
Stock000000000000000
Debtors000000080-2,4992,4918000
Creditors000000000-6,0663,2682,798000
Accruals and Deferred Income000000000000000
Deferred Taxes & Provisions000000000000000
Cash flow from operations000000000-1,179415754000
Investing Activities
capital expenditure000000000000000
Change in Investments0000000-80800000
cash flow from investments000000080-800000
Financing Activities
Bank loans000000000000000
Group/Directors Accounts000000000000000
Other Short Term Loans 000000000000000
Long term loans000000000000000
Hire Purchase and Lease Commitments000000000000000
other long term liabilities000000000000000
share issue0000000-80008000
interest000000000352000
cash flow from financing0000000-803510000
cash and cash equivalents
cash000000000-1,184420764000
overdraft000000000000000
change in cash000000000-1,184420764000

55 the drive, hove limited Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
Get a comprehensive credit check for 55 the drive, hove limited. Get real-time insights into 55 the drive, hove limited's credit score, group structure and payment trends.

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55 The Drive, Hove Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for 55 the drive, hove limited by selecting its closest rivals, whether from the ACTIVITIES OF HOUSEHOLDS AS EMPLOYERS; UNDIFFERENTIATED GOODS-AND SERVICES-PRODUCING ACTIVITIES OF HOUSEHOLDS FOR OWN USE sector, other micro companies, companies in TN37 area or any other competitors across 12 key performance metrics.

55 the drive, hove limited Ownership

55 THE DRIVE, HOVE LIMITED group structure

55 The Drive, Hove Limited has no subsidiary companies.

Ultimate parent company

55 THE DRIVE, HOVE LIMITED

04586433

55 THE DRIVE, HOVE LIMITED Shareholders

gillian c. bradford 12.5%
stephen p. hayter 12.5%
bradford estates 12.5%
gavin & paula shay 12.5%
roy anthony holm 12.5%
alexandra amelia fulton 12.5%
linda anne keill & christine wright 12.5%
antoine francois joseph basquin & katie beryl limoyo 12.5%

55 the drive, hove limited directors

55 The Drive, Hove Limited currently has 5 directors. The longest serving directors include Mr Roy Holm (Nov 2002) and Ms Alexandra Fulton (Oct 2015).

officercountryagestartendrole
Mr Roy Holm83 years Nov 2002- Director
Ms Alexandra FultonEngland48 years Oct 2015- Director
Mrs Gilly BradfordEngland79 years Oct 2016- Director
Mr Gavin ShayEngland54 years Jan 2024- Director
Mr Antoine BasquinUnited Kingdom39 years Jan 2024- Director

P&L

March 2024

turnover

30.2

-7%

operating profit

0

0%

gross margin

28.5%

-17.69%

turnover

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

Balance Sheet

March 2024

net assets

8

0%

total assets

8

0%

cash

0

0%

net assets

Total assets minus all liabilities

55 the drive, hove limited company details

company number

04586433

Type

Private limited with Share Capital

industry

98000 - Residents property management

incorporation date

November 2002

age

22

incorporated

UK

ultimate parent company

None

accounts

Micro-Entity Accounts

last accounts submitted

March 2024

previous names

N/A

accountant

-

auditor

-

address

2-6 sedlescombe road north, st. leonards-on-sea, east sussex, TN37 7DG

Bank

-

Legal Advisor

-

55 the drive, hove 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 did not find charges/mortgages relating to 55 the drive, hove limited.

charges

55 the drive, hove limited Companies House Filings - See Documents

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