seaview homes limited

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seaview homes limited Company Information

Share SEAVIEW HOMES LIMITED

Company Number

04690419

Shareholders

paul alterman

joel alterman

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Group Structure

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Industry

Buying and selling of own real estate

 

Registered Address

14 lodge road, hendon, london, NW4 4EF

seaview homes limited Estimated Valuation

£4.6m

Pomanda estimates the enterprise value of SEAVIEW HOMES LIMITED at £4.6m based on a Turnover of £2.3m and 2.04x industry multiple (adjusted for size and gross margin).

seaview homes limited Estimated Valuation

£301.9k

Pomanda estimates the enterprise value of SEAVIEW HOMES LIMITED at £301.9k based on an EBITDA of £68.9k and a 4.38x industry multiple (adjusted for size and gross margin).

seaview homes limited Estimated Valuation

£1.2m

Pomanda estimates the enterprise value of SEAVIEW HOMES LIMITED at £1.2m based on Net Assets of £792.4k and 1.51x industry multiple (adjusted for liquidity).

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Seaview Homes Limited Overview

Seaview Homes Limited is a live company located in london, NW4 4EF with a Companies House number of 04690419. It operates in the buying and selling of own real estate sector, SIC Code 68100. Founded in March 2003, it's largest shareholder is paul alterman with a 44% stake. Seaview Homes Limited is a mature, small sized company, Pomanda has estimated its turnover at £2.3m with healthy growth in recent years.

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Seaview Homes Limited Health Check

Pomanda's financial health check has awarded Seaview Homes Limited a 4 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 4 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating4out of 5
positive_score

4 Strong

positive_score

2 Regular

positive_score

4 Weak

size

Size

annual sales of £2.3m, make it larger than the average company (£898.9k)

£2.3m - Seaview Homes Limited

£898.9k - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 5%, show it is growing at a faster rate (2.1%)

5% - Seaview Homes Limited

2.1% - Industry AVG

production

Production

with a gross margin of 26.4%, this company has a higher cost of product (66.6%)

26.4% - Seaview Homes Limited

66.6% - Industry AVG

profitability

Profitability

an operating margin of 3.1% make it less profitable than the average company (35%)

3.1% - Seaview Homes Limited

35% - Industry AVG

employees

Employees

with 4 employees, this is similar to the industry average (4)

4 - Seaview Homes Limited

4 - Industry AVG

paystructure

Pay Structure

on an average salary of £36.2k, the company has an equivalent pay structure (£36.2k)

£36.2k - Seaview Homes Limited

£36.2k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £564.8k, this is more efficient (£199k)

£564.8k - Seaview Homes Limited

£199k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 136 days, this is later than average (26 days)

136 days - Seaview Homes Limited

26 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 12 days, this is quicker than average (31 days)

12 days - Seaview Homes Limited

31 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Seaview Homes Limited

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - Seaview Homes Limited

- - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 6.7%, this is a lower level of debt than the average (63.7%)

6.7% - Seaview Homes Limited

63.7% - Industry AVG

SEAVIEW HOMES LIMITED financials

EXPORTms excel logo

Seaview Homes Limited's latest turnover from March 2023 is estimated at £2.3 million and the company has net assets of £792.4 thousand. According to their latest financial statements, Seaview Homes Limited has 4 employees and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Turnover2,259,2931,953,2261,767,7471,953,4581,667,8771,683,0341,685,165257,662139,450294,544674,077333,805955,629168,162
Other Income Or Grants
Cost Of Sales1,662,0701,453,1251,366,3491,545,6071,248,3841,257,5821,274,092190,480106,123232,401529,579262,229770,061137,974
Gross Profit597,223500,102401,398407,851419,493425,452411,07267,18133,32762,142144,49871,576185,56830,189
Admin Expenses528,361479,054398,220404,147379,581411,098372,727-96,64060,843-56,542-269,415-34,208131,56430,251
Operating Profit68,86221,0483,1783,70439,91214,35438,345163,821-27,516118,684413,913105,78454,004-62
Interest Payable
Interest Receivable6472,2593,5284,9902,83375041570
Pre-Tax Profit68,86221,0483,1783,70439,91214,35438,991166,080-23,988123,674416,746106,53454,4198
Tax-13,084-3,999-604-704-7,583-2,727-7,798-33,216-28,445-100,019-27,699-15,237-2
Profit After Tax55,77817,0492,5743,00032,32911,62731,193132,864-23,98895,229316,72778,83539,1826
Dividends Paid
Retained Profit55,77817,0492,5743,00032,32911,62731,193132,864-23,98895,229316,72778,83539,1826
Employee Costs144,640147,154142,607155,229154,900141,185141,41037,70635,03935,67232,72532,39266,20632,539
Number Of Employees44444441111121
EBITDA*68,86221,0483,1783,70439,91214,35438,345163,821-27,516118,684413,913105,78454,004-62

* Earnings Before Interest, Tax, Depreciation and Amortisation

Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Tangible Assets116,035113,532113,532113,532113,532113,532113,532113,532
Intangible Assets
Investments & Other100100100100100100100
Debtors (Due After 1 year)
Total Fixed Assets100100100100116,135113,632113,632113,532113,532113,532113,532113,532
Stock & work in progress394,405732,468580,068
Trade Debtors842,596796,100775,688758,454633,625604,512587,65667,80735,43212,450126,24435,979231,59016,361
Group Debtors
Misc Debtors6,9294,0893,2573,723
Cash517,378386,3941,024,926971,194162,062138,01928,109
misc current assets2,9932,8452,758
total current assets849,525800,189778,945762,177636,618607,357590,414585,185421,8261,037,3761,491,843930,509369,609624,538
total assets849,625800,289779,045762,277752,753720,989704,046698,717535,3581,150,9081,605,3751,044,041369,609624,538
Bank overdraft
Bank loan
Trade Creditors 57,22063,66259,46745,27338,74939,31433,99859,76229,267620,8291,170,525925,918330,321624,432
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
total current liabilities57,22063,66259,46745,27338,74939,31433,99859,76229,267620,8291,170,525925,918330,321624,432
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
total long term liabilities
total liabilities57,22063,66259,46745,27338,74939,31433,99859,76229,267620,8291,170,525925,918330,321624,432
net assets792,405736,627719,578717,004714,004681,675670,048638,955506,091530,079434,850118,12339,288106
total shareholders funds792,405736,627719,578717,004714,004681,675670,048638,955506,091530,079434,850118,12339,288106
Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Operating Activities
Operating Profit68,86221,0483,1783,70439,91214,35438,345163,821-27,516118,684413,913105,78454,004-62
Depreciation
Amortisation
Tax-13,084-3,999-604-704-7,583-2,727-7,798-33,216-28,445-100,019-27,699-15,237-2
Stock-394,405-338,063732,468-580,068580,068
Debtors49,33621,24416,768128,55229,11316,856519,84932,37522,982-113,79490,265-195,611215,22916,361
Creditors-6,4424,19514,1946,524-5655,316-25,76430,495-591,562-549,696244,607595,597-294,111624,432
Accruals and Deferred Income
Deferred Taxes & Provisions
Cash flow from operations-119,0282,65187-515,066128,725-642,06048,742806,299136,825109,49527,939
Investing Activities
capital expenditure116,035-2,503-113,532
Change in Investments100
cash flow from investments116,035-2,503-100-113,532
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
share issue-100100
interest6472,2593,5284,9902,83375041570
cash flow from financing5472,2593,5284,9902,833750415170
cash and cash equivalents
cash-517,378130,984-638,53253,732809,13224,043109,91028,109
overdraft
change in cash-517,378130,984-638,53253,732809,13224,043109,91028,109

seaview homes limited Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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Seaview Homes Limited Competitor Analysis

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Perform a competitor analysis for seaview homes limited by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other small companies, companies in NW4 area or any other competitors across 12 key performance metrics.

seaview homes limited Ownership

SEAVIEW HOMES LIMITED group structure

Seaview Homes Limited has 1 subsidiary company.

Ultimate parent company

SEAVIEW HOMES LIMITED

04690419

1 subsidiary

SEAVIEW HOMES LIMITED Shareholders

paul alterman 44%
joel alterman 29%
rochelle alterman 19%
charlotte carroll 7%
seaview homes limited 1%

seaview homes limited directors

Seaview Homes Limited currently has 4 directors. The longest serving directors include Mr Paul Alterman (Apr 2003) and Mrs Rochelle Alterman (Sep 2012).

officercountryagestartendrole
Mr Paul Alterman66 years Apr 2003- Director
Mrs Rochelle AltermanUnited Kingdom66 years Sep 2012- Director
Mr Joel AltermanUnited Kingdom38 years Mar 2014- Director
Mrs Charlotte CarrollUnited Kingdom40 years Mar 2014- Director

P&L

March 2023

turnover

2.3m

+16%

operating profit

68.9k

0%

gross margin

26.5%

+3.24%

turnover

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

Balance Sheet

March 2023

net assets

792.4k

+0.08%

total assets

849.6k

+0.06%

cash

0

0%

net assets

Total assets minus all liabilities

seaview homes limited company details

company number

04690419

Type

Private limited with Share Capital

industry

68100 - Buying and selling of own real estate

incorporation date

March 2003

age

22

incorporated

UK

ultimate parent company

None

accounts

Micro-Entity Accounts

last accounts submitted

March 2023

previous names

N/A

accountant

-

auditor

-

address

14 lodge road, hendon, london, NW4 4EF

Bank

-

Legal Advisor

-

seaview 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 4 charges/mortgages relating to seaview homes limited. Currently there are 0 open charges and 4 have been satisfied in the past.

seaview 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.

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seaview homes limited Companies House Filings - See Documents

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