weald homes ltd

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weald homes ltd Company Information

Share WEALD HOMES LTD

Company Number

04927562

Directors

Samuel Hignett

John Stack

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Shareholders

samuel timothy hignett

Group Structure

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Industry

Development of building projects

 

Registered Address

yew tree house, lewes road, forest row, east sussex, RH18 5AA

weald homes ltd Estimated Valuation

£97.1k

Pomanda estimates the enterprise value of WEALD HOMES LTD at £97.1k based on a Turnover of £279.1k and 0.35x industry multiple (adjusted for size and gross margin).

weald homes ltd Estimated Valuation

£0

Pomanda estimates the enterprise value of WEALD HOMES LTD at £0 based on an EBITDA of £-2.9k and a 2.52x industry multiple (adjusted for size and gross margin).

weald homes ltd Estimated Valuation

£87.2k

Pomanda estimates the enterprise value of WEALD HOMES LTD at £87.2k based on Net Assets of £63.3k and 1.38x industry multiple (adjusted for liquidity).

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Weald Homes Ltd Overview

Weald Homes Ltd is a live company located in east sussex, RH18 5AA with a Companies House number of 04927562. It operates in the development of building projects sector, SIC Code 41100. Founded in October 2003, it's largest shareholder is samuel timothy hignett with a 100% stake. Weald Homes Ltd is a mature, micro sized company, Pomanda has estimated its turnover at £279.1k with rapid growth in recent years.

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Weald Homes Ltd Health Check

Pomanda's financial health check has awarded Weald Homes Ltd a 2 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 6 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating2out of 5
positive_score

2 Strong

positive_score

1 Regular

positive_score

6 Weak

size

Size

annual sales of £279.1k, make it smaller than the average company (£2.2m)

£279.1k - Weald Homes Ltd

£2.2m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 34%, show it is growing at a faster rate (3.6%)

34% - Weald Homes Ltd

3.6% - Industry AVG

production

Production

with a gross margin of 9.8%, this company has a higher cost of product (26.6%)

9.8% - Weald Homes Ltd

26.6% - Industry AVG

profitability

Profitability

an operating margin of -1% make it less profitable than the average company (6.9%)

-1% - Weald Homes Ltd

6.9% - Industry AVG

employees

Employees

with 3 employees, this is below the industry average (6)

3 - Weald Homes Ltd

6 - Industry AVG

paystructure

Pay Structure

on an average salary of £47.3k, the company has an equivalent pay structure (£47.3k)

£47.3k - Weald Homes Ltd

£47.3k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £93k, this is less efficient (£270.8k)

£93k - Weald Homes Ltd

£270.8k - Industry AVG

debtordays

Debtor Days

There is insufficient data available for this Key Performance Indicator!

- - Weald Homes Ltd

- - Industry AVG

creditordays

Creditor Days

There is insufficient data available for this Key Performance Indicator!

- - Weald Homes Ltd

- - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Weald Homes Ltd

- - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 1 weeks, this is less cash available to meet short term requirements (13 weeks)

1 weeks - Weald Homes Ltd

13 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 47.9%, this is a lower level of debt than the average (72.3%)

47.9% - Weald Homes Ltd

72.3% - Industry AVG

WEALD HOMES LTD financials

EXPORTms excel logo

Weald Homes Ltd's latest turnover from October 2023 is estimated at £279.1 thousand and the company has net assets of £63.3 thousand. According to their latest financial statements, Weald Homes Ltd has 3 employees and maintains cash reserves of £2.2 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Oct 2023Oct 2022Oct 2021Oct 2020Oct 2019Oct 2018Oct 2017Oct 2016Oct 2015Oct 2014Oct 2013Oct 2012Oct 2011Oct 2010Oct 2009
Turnover279,131121,56498,258115,139293,2891,471,422216,445494,2971,8644,94610,255903,478000
Other Income Or Grants000000000000000
Cost Of Sales251,665109,57289,667103,722262,7361,314,838191,290435,9831,6544,3849,162810,376000
Gross Profit27,46611,9928,59111,41630,553156,58425,15558,3152105631,09393,103000
Admin Expenses30,37816,29611,97214,28537,983-239,726152,45277,5459182,941-61,241140,244000
Operating Profit-2,912-4,304-3,381-2,869-7,430396,310-127,297-19,230-708-2,37862,334-47,141000
Interest Payable000009,66848,94639,9940000000
Interest Receivable1,3546249403,6953,47441316197557000
Pre-Tax Profit-1,558-3,680-3,372-2,829-3,735390,116-176,202-59,193-702-2,35962,409-47,084000
Tax00000-74,1220000-14,3540000
Profit After Tax-1,558-3,680-3,372-2,829-3,735315,994-176,202-59,193-702-2,35948,055-47,084000
Dividends Paid000000000000000
Retained Profit-1,558-3,680-3,372-2,829-3,735315,994-176,202-59,193-702-2,35948,055-47,084000
Employee Costs142,024135,342132,075129,345127,898167,303165,087162,99739,57137,23836,05871,384000
Number Of Employees333334441112000
EBITDA*-2,912-4,304-3,381-2,869-7,430396,310-127,297-19,230-708-2,37862,334-47,141000

* Earnings Before Interest, Tax, Depreciation and Amortisation

Oct 2023Oct 2022Oct 2021Oct 2020Oct 2019Oct 2018Oct 2017Oct 2016Oct 2015Oct 2014Oct 2013Oct 2012Oct 2011Oct 2010Oct 2009
Tangible Assets000000000000000
Intangible Assets000000000000000
Investments & Other000000000000000
Debtors (Due After 1 year)000000000000000
Total Fixed Assets000000000000000
Stock & work in progress0037,51722,223001,083,7112,023,973000572,232000
Trade Debtors00000430,00000059081,887000
Group Debtors000000000000000
Misc Debtors119,396109,396117,99255,2669,97366,7543,69818,1120000000
Cash2,16249,4306,07111,01068,145917,0999,38723,4951,6627377,06022,842000
misc current assets000000000000000
total current assets121,558158,826161,58088,49978,1181,413,8531,096,7962,065,5801,6621,3277,068596,961000
total assets121,558158,826161,58088,49978,1181,413,8531,096,7962,065,5801,6621,3277,068596,961000
Bank overdraft000000000000000
Bank loan000000286,4601,279,8220000000
Trade Creditors 03,4333,25312,4590418,78613,52305881,9646,096644,044000
Group/Directors Accounts000000003,16375000000
other short term finances000000000000000
hp & lease commitments000000000000000
other current liabilities58,22290,49989,7534,0943,343916,5571,034,297847,0400000000
total current liabilities58,22293,93293,00616,5533,3431,335,3431,334,2802,126,8623,7512,7146,096644,044000
loans000000000000000
hp & lease commitments000000000000000
Accruals and Deferred Income000000000000000
other liabilities000000000000000
provisions000000000000000
total long term liabilities000000000000000
total liabilities58,22293,93293,00616,5533,3431,335,3431,334,2802,126,8623,7512,7146,096644,044000
net assets63,33664,89468,57471,94674,77578,510-237,484-61,282-2,089-1,387972-47,083000
total shareholders funds63,33664,89468,57471,94674,77578,510-237,484-61,282-2,089-1,387972-47,083000
Oct 2023Oct 2022Oct 2021Oct 2020Oct 2019Oct 2018Oct 2017Oct 2016Oct 2015Oct 2014Oct 2013Oct 2012Oct 2011Oct 2010Oct 2009
Operating Activities
Operating Profit-2,912-4,304-3,381-2,869-7,430396,310-127,297-19,230-708-2,37862,334-47,141000
Depreciation000000000000000
Amortisation000000000000000
Tax00000-74,1220000-14,3540000
Stock0-37,51715,29422,2230-1,083,711-940,2622,023,97300-572,232572,232000
Debtors10,000-8,59662,72645,293-486,781493,056-14,41418,112-590582-1,8791,887000
Creditors-3,433180-9,20612,459-418,786405,26313,523-588-1,376-4,132-637,948644,044000
Accruals and Deferred Income-32,27774685,659751-913,214-117,740187,257847,0400000000
Deferred Taxes & Provisions000000000000000
Cash flow from operations-48,62242,735-4,948-57,175-852,6491,200,3661,028,159-1,214,863-1,494-7,092-15,85722,784000
Investing Activities
capital expenditure000000000000000
Change in Investments000000000000000
cash flow from investments000000000000000
Financing Activities
Bank loans00000-286,460-993,3621,279,8220000000
Group/Directors Accounts0000000-3,1632,41375000000
Other Short Term Loans 000000000000000
Long term loans000000000000000
Hire Purchase and Lease Commitments000000000000000
other long term liabilities000000000000000
share issue000000000001000
interest1,3546249403,695-6,194-48,905-39,9636197557000
cash flow from financing1,3546249403,695-292,654-1,042,2671,236,6962,4197697558000
cash and cash equivalents
cash-47,26843,359-4,939-57,135-848,954907,712-14,10821,833925-6,323-15,78222,842000
overdraft000000000000000
change in cash-47,26843,359-4,939-57,135-848,954907,712-14,10821,833925-6,323-15,78222,842000

weald homes ltd 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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Weald Homes Ltd Competitor Analysis

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Perform a competitor analysis for weald homes ltd by selecting its closest rivals, whether from the CONSTRUCTION sector, other micro companies, companies in RH18 area or any other competitors across 12 key performance metrics.

weald homes ltd Ownership

WEALD HOMES LTD group structure

Weald Homes Ltd has no subsidiary companies.

Ultimate parent company

WEALD HOMES LTD

04927562

WEALD HOMES LTD Shareholders

samuel timothy hignett 100%

weald homes ltd directors

Weald Homes Ltd currently has 3 directors. The longest serving directors include Mr Samuel Hignett (Oct 2003) and Mr John Stack (Nov 2015).

officercountryagestartendrole
Mr Samuel Hignett81 years Oct 2003- Director
Mr John StackEngland61 years Nov 2015- Director
Mr Nickolas LatterUnited Kingdom60 years Nov 2015- Director

P&L

October 2023

turnover

279.1k

+130%

operating profit

-2.9k

0%

gross margin

9.9%

-0.25%

turnover

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

Balance Sheet

October 2023

net assets

63.3k

-0.02%

total assets

121.6k

-0.23%

cash

2.2k

-0.96%

net assets

Total assets minus all liabilities

weald homes ltd company details

company number

04927562

Type

Private limited with Share Capital

industry

41100 - Development of building projects

incorporation date

October 2003

age

22

incorporated

UK

ultimate parent company

None

accounts

Unaudited Abridged

last accounts submitted

October 2023

previous names

N/A

accountant

DMC PARTNERSHIP LIMITED

auditor

-

address

yew tree house, lewes road, forest row, east sussex, RH18 5AA

Bank

-

Legal Advisor

-

weald homes ltd 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 weald homes ltd.

weald homes ltd 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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weald homes ltd Companies House Filings - See Documents

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