sol homes limited
sol homes limited Company Information
Company Number
06225465
Website
www.solhomes.co.ukRegistered Address
36 the green, long whatton, loughborough, LE12 5DB
Industry
Construction of domestic buildings
Telephone
01158382015
Next Accounts Due
December 2024
Group Structure
View All
Shareholders
mr christopher john truman 33.3%
mr john alec heard 33.3%
View Allsol homes limited Estimated Valuation
The estimated valuation range for sol homes limited, derived from financial data as of March 2023 and the most recent industry multiples, is between £0 to £2m
sol homes limited Estimated Valuation
The estimated valuation range for sol homes limited, derived from financial data as of March 2023 and the most recent industry multiples, is between £0 to £2m
sol homes limited Estimated Valuation
The estimated valuation range for sol homes limited, derived from financial data as of March 2023 and the most recent industry multiples, is between £0 to £2m
Get a detailed valuation report, edit figures and unlock valuation multiples.
Sol Homes Limited AI Business Plan
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Sol Homes Limited Overview
Sol Homes Limited is a live company located in loughborough, LE12 5DB with a Companies House number of 06225465. It operates in the construction of domestic buildings sector, SIC Code 41202. Founded in April 2007, it's largest shareholder is mr christopher john truman with a 33.3% stake. Sol Homes Limited is a established, small sized company, Pomanda has estimated its turnover at £602.2k with declining growth in recent years.
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Sol Homes Limited Health Check
Pomanda's financial health check has awarded Sol Homes Limited a 4 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 5 areas for improvement. Company Health Check FAQs
3 Strong
3 Regular
5 Weak
Size
annual sales of £602.2k, make it in line with the average company (£536.9k)
- Sol Homes Limited
£536.9k - Industry AVG
Growth
3 year (CAGR) sales growth of -29%, show it is growing at a slower rate (7.8%)
- Sol Homes Limited
7.8% - Industry AVG
Production
with a gross margin of 19.9%, this company has a comparable cost of product (19.9%)
- Sol Homes Limited
19.9% - Industry AVG
Profitability
an operating margin of 100.6% make it more profitable than the average company (6.1%)
- Sol Homes Limited
6.1% - Industry AVG
Employees
with 1 employees, this is below the industry average (3)
1 - Sol Homes Limited
3 - Industry AVG
Pay Structure
on an average salary of £43.4k, the company has an equivalent pay structure (£43.4k)
- Sol Homes Limited
£43.4k - Industry AVG
Efficiency
resulting in sales per employee of £602.2k, this is more efficient (£204.7k)
- Sol Homes Limited
£204.7k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Sol Homes Limited
- - Industry AVG
Creditor Days
its suppliers are paid after 18 days, this is quicker than average (28 days)
- Sol Homes Limited
28 days - Industry AVG
Stock Days
it holds stock equivalent to 1364 days, this is more than average (263 days)
- Sol Homes Limited
263 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 203 weeks, this is more cash available to meet short term requirements (15 weeks)
203 weeks - Sol Homes Limited
15 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 116.4%, this is a higher level of debt than the average (74.1%)
116.4% - Sol Homes Limited
74.1% - Industry AVG
sol homes limited Credit Report and Business Information
Sol Homes Limited Competitor Analysis
Perform a competitor analysis for sol homes limited by selecting its closest rivals and benchmarking them against 12 key performance metrics.
sol homes limited Ownership
SOL HOMES LIMITED group structure
Sol Homes Limited has no subsidiary companies.
Ultimate parent company
SOL HOMES LIMITED
06225465
sol homes limited directors
Sol Homes Limited currently has 3 directors. The longest serving directors include Mr John Heard (Apr 2007) and Mr Christopher Truman (Apr 2007).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr John Heard | United Kingdom | 70 years | Apr 2007 | - | Director |
| Mr Christopher Truman | United Kingdom | 73 years | Apr 2007 | - | Director |
| Mr Adrian Whiteside | United Kingdom | 79 years | Apr 2007 | - | Director |
SOL HOMES LIMITED financials
Sol Homes Limited's latest turnover from March 2023 is estimated at £602.2 thousand and the company has net assets of -£312.4 thousand. According to their latest financial statements, Sol Homes Limited has 1 employee and maintains cash reserves of £98.7 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| 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 | ||||||||||||||
| Other Income Or Grants | ||||||||||||||
| Cost Of Sales | ||||||||||||||
| Gross Profit | ||||||||||||||
| Admin Expenses | ||||||||||||||
| Operating Profit | ||||||||||||||
| Interest Payable | ||||||||||||||
| Interest Receivable | ||||||||||||||
| Pre-Tax Profit | ||||||||||||||
| Tax | ||||||||||||||
| Profit After Tax | ||||||||||||||
| Dividends Paid | ||||||||||||||
| Retained Profit | ||||||||||||||
| Employee Costs | ||||||||||||||
| Number Of Employees | 1 | 1 | 1 | 1 | 1 | |||||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| 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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 3,387 | 6,773 | 10,159 | 13,545 | 2,479 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 3,387 | 6,773 | 10,159 | 13,545 | 2,479 |
| Stock & work in progress | 1,802,818 | 3,486,662 | 3,602,710 | 3,602,710 | 4,486,648 | 4,630,015 | 5,115,123 | 4,522,437 | 5,412,451 | 5,579,226 | 5,329,119 | 6,505,493 | 6,027,186 | 7,430,902 |
| Trade Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 544,949 | 468,023 | 392,499 | 316,210 | 237,124 | 167,232 |
| Group Debtors | 0 | 0 | 629,575 | 608,191 | 798,381 | 752,110 | 687,544 | 616,575 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 100 | 2,672 | 2,428 | 10,066 | 31,991 | 26,810 | 22,569 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 98,742 | 211,735 | 15,420 | 60,125 | 145,892 | 235,172 | 842,126 | 1,249,147 | 796,960 | 742,661 | 1,168,183 | 9,977 | 420,139 | 180,970 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 1,901,560 | 3,698,497 | 4,250,377 | 4,273,454 | 5,440,987 | 5,649,288 | 6,671,603 | 6,410,728 | 6,754,360 | 6,789,910 | 6,889,801 | 6,831,680 | 6,684,449 | 7,779,104 |
| total assets | 1,901,560 | 3,698,497 | 4,250,377 | 4,273,454 | 5,440,987 | 5,649,288 | 6,671,603 | 6,410,728 | 6,754,360 | 6,793,297 | 6,896,574 | 6,841,839 | 6,697,994 | 7,781,583 |
| Bank overdraft | 0 | 0 | 0 | 47,294 | 94,552 | 94,552 | 94,552 | 94,552 | 0 | 94,552 | 94,552 | 94,552 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 24,621 | 25,533 | 28,877 | 0 | 0 | 0 | 0 | 0 | 137,361 | 44,160 | 44,804 | 53,389 | 51,812 | 47,915 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 650 | 0 | 0 | 34,956 | 24,892 | 12,413 | 7,908 | 31,672 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 25,271 | 25,533 | 28,877 | 82,250 | 119,444 | 106,965 | 102,460 | 126,224 | 137,361 | 138,712 | 139,356 | 147,941 | 51,812 | 47,915 |
| loans | 0 | 0 | 0 | 5,250,071 | 6,463,091 | 6,946,493 | 8,071,864 | 7,689,416 | 8,080,967 | 8,175,519 | 2,463,620 | 2,558,172 | 2,700,000 | 3,724,356 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 2,188,657 | 4,481,302 | 5,189,365 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 5,806,450 | 5,950,450 | 5,725,450 | 5,599,450 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 2,188,657 | 4,481,302 | 5,189,365 | 5,250,071 | 6,463,091 | 6,946,493 | 8,071,864 | 7,689,416 | 8,080,967 | 8,175,519 | 8,270,070 | 8,508,622 | 8,425,450 | 9,323,806 |
| total liabilities | 2,213,928 | 4,506,835 | 5,218,242 | 5,332,321 | 6,582,535 | 7,053,458 | 8,174,324 | 7,815,640 | 8,218,328 | 8,314,231 | 8,409,426 | 8,656,563 | 8,477,262 | 9,371,721 |
| net assets | -312,368 | -808,338 | -967,865 | -1,058,867 | -1,141,548 | -1,404,170 | -1,502,721 | -1,404,912 | -1,463,968 | -1,520,934 | -1,512,852 | -1,814,724 | -1,779,268 | -1,590,138 |
| total shareholders funds | -312,368 | -808,338 | -967,865 | -1,058,867 | -1,141,548 | -1,404,170 | -1,502,721 | -1,404,912 | -1,463,968 | -1,520,934 | -1,512,852 | -1,814,724 | -1,779,268 | -1,590,138 |
| 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 | ||||||||||||||
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 3,387 | 3,386 | 3,386 | 3,386 | 875 | 875 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | ||||||||||||||
| Stock | -1,683,844 | -116,048 | 0 | -883,938 | -143,367 | -485,108 | 592,686 | -890,014 | -166,775 | 250,107 | -1,176,374 | 478,307 | -1,403,716 | 7,430,902 |
| Debtors | -100 | -632,147 | 21,628 | -197,828 | 24,346 | 69,747 | 75,210 | 94,195 | 76,926 | 75,524 | 76,289 | 79,086 | 69,892 | 167,232 |
| Creditors | -912 | -3,344 | 28,877 | 0 | 0 | 0 | 0 | -137,361 | 93,201 | -644 | -8,585 | 1,577 | 3,897 | 47,915 |
| Accruals and Deferred Income | 650 | 0 | -34,956 | 10,064 | 12,479 | 4,505 | -23,764 | 31,672 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | ||||||||||||||
| Investing Activities | ||||||||||||||
| capital expenditure | ||||||||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | ||||||||||||||
| Financing Activities | ||||||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | -5,250,071 | -1,213,020 | -483,402 | -1,125,371 | 382,448 | -391,551 | -94,552 | 5,711,899 | -94,552 | -141,828 | -1,024,356 | 3,724,356 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | -2,292,645 | -708,063 | 5,189,365 | 0 | 0 | 0 | 0 | 0 | 0 | -5,806,450 | -144,000 | 225,000 | 126,000 | 5,599,450 |
| share issue | ||||||||||||||
| interest | ||||||||||||||
| cash flow from financing | ||||||||||||||
| cash and cash equivalents | ||||||||||||||
| cash | -112,993 | 196,315 | -44,705 | -85,767 | -89,280 | -606,954 | -407,021 | 452,187 | 54,299 | -425,522 | 1,158,206 | -410,162 | 239,169 | 180,970 |
| overdraft | 0 | 0 | -47,294 | -47,258 | 0 | 0 | 0 | 94,552 | -94,552 | 0 | 0 | 94,552 | 0 | 0 |
| change in cash | -112,993 | 196,315 | 2,589 | -38,509 | -89,280 | -606,954 | -407,021 | 357,635 | 148,851 | -425,522 | 1,158,206 | -504,714 | 239,169 | 180,970 |
P&L
March 2023turnover
602.2k
-50%
operating profit
605.7k
0%
gross margin
20%
+7.48%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2023net assets
-312.4k
-0.61%
total assets
1.9m
-0.49%
cash
98.7k
-0.53%
net assets
Total assets minus all liabilities
sol homes limited company details
company number
06225465
Type
Private limited with Share Capital
industry
41202 - Construction of domestic buildings
incorporation date
April 2007
age
17
accounts
Total Exemption Full
ultimate parent company
previous names
N/A
incorporated
UK
address
36 the green, long whatton, loughborough, LE12 5DB
last accounts submitted
March 2023
sol 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 19 charges/mortgages relating to sol homes limited. Currently there are 15 open charges and 4 have been satisfied in the past.
sol homes limited Companies House Filings - See Documents
| date | description | view/download |
|---|
