dace homes limited

Live EstablishedMicroDeclining

dace homes limited Company Information

Share DACE HOMES LIMITED

Company Number

06666816

Directors

John Dace

Shareholders

louise dace

john henry dace

Group Structure

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Industry

Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.

 +1

Registered Address

110 high street, stalham, norwich, NR12 9AU

Website

-

dace homes limited Estimated Valuation

£88.3k

Pomanda estimates the enterprise value of DACE HOMES LIMITED at £88.3k based on a Turnover of £66.6k and 1.33x industry multiple (adjusted for size and gross margin).

dace homes limited Estimated Valuation

£19.2k

Pomanda estimates the enterprise value of DACE HOMES LIMITED at £19.2k based on an EBITDA of £5.5k and a 3.51x industry multiple (adjusted for size and gross margin).

dace homes limited Estimated Valuation

£19.7k

Pomanda estimates the enterprise value of DACE HOMES LIMITED at £19.7k based on Net Assets of £12.9k and 1.53x industry multiple (adjusted for liquidity).

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Dace Homes Limited Overview

Dace Homes Limited is a live company located in norwich, NR12 9AU with a Companies House number of 06666816. It operates in the development of building projects sector, SIC Code 41100. Founded in August 2008, it's largest shareholder is louise dace with a 50% stake. Dace Homes Limited is a established, micro sized company, Pomanda has estimated its turnover at £66.6k with declining growth in recent years.

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Dace Homes Limited Health Check

Pomanda's financial health check has awarded Dace Homes Limited a 2 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 7 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating2out of 5
positive_score

2 Strong

positive_score

1 Regular

positive_score

7 Weak

size

Size

annual sales of £66.6k, make it smaller than the average company (£1.6m)

£66.6k - Dace Homes Limited

£1.6m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -37%, show it is growing at a slower rate (6.1%)

-37% - Dace Homes Limited

6.1% - Industry AVG

production

Production

with a gross margin of 20.9%, this company has a higher cost of product (49.8%)

20.9% - Dace Homes Limited

49.8% - Industry AVG

profitability

Profitability

an operating margin of 8.2% make it less profitable than the average company (17.6%)

8.2% - Dace Homes Limited

17.6% - Industry AVG

employees

Employees

with 1 employees, this is below the industry average (5)

1 - Dace Homes Limited

5 - Industry AVG

paystructure

Pay Structure

on an average salary of £41.2k, the company has an equivalent pay structure (£41.2k)

£41.2k - Dace Homes Limited

£41.2k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £66.6k, this is less efficient (£227.9k)

£66.6k - Dace Homes Limited

£227.9k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 108 days, this is later than average (31 days)

108 days - Dace Homes Limited

31 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 115 days, this is slower than average (35 days)

115 days - Dace Homes Limited

35 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Dace Homes Limited

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - Dace Homes Limited

- - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 56.5%, this is a lower level of debt than the average (71.4%)

56.5% - Dace Homes Limited

71.4% - Industry AVG

DACE HOMES LIMITED financials

EXPORTms excel logo

Dace Homes Limited's latest turnover from April 2024 is estimated at £66.6 thousand and the company has net assets of £12.9 thousand. According to their latest financial statements, we estimate that Dace Homes Limited has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Apr 2024Aug 2023Aug 2022Aug 2021Aug 2020Aug 2019Aug 2018Aug 2017Aug 2016Aug 2015Aug 2014Aug 2013Aug 2012Aug 2011Aug 2010Aug 2009
Turnover66,60525,75741,006265,245115,26099,51292,86547,58724,63685234,402237,968
Other Income Or Grants
Cost Of Sales52,70720,56333,019216,79192,63879,83873,72537,18119,71968728,058194,331
Gross Profit13,8985,1937,98748,45422,62219,67319,14110,4054,9171656,34343,638
Admin Expenses8,42112,47715,47333,64722,77014,59920,656-3,8132,6555,43321,620-24,95046,1235959
Operating Profit5,477-7,284-7,48614,807-1485,074-1,5153,8137,750-516-21,45531,293-2,485-59-59
Interest Payable
Interest Receivable5418252505959
Pre-Tax Profit5,477-7,284-7,48614,807-1485,074-1,4613,8317,750-514-21,40331,343-2,485
Tax-1,369-2,813-964-728-1,550-7,209
Profit After Tax4,108-7,284-7,48611,994-1484,110-1,4613,1036,200-514-21,40324,134-2,485
Dividends Paid
Retained Profit4,108-7,284-7,48611,994-1484,110-1,4613,1036,200-514-21,40324,134-2,485
Employee Costs41,20039,14437,08635,54035,04835,04334,32133,36532,81131,04729,86130,056
Number Of Employees111111111111
EBITDA*5,477-7,284-7,48614,807-1485,074-1,5153,8137,750-516-21,45531,293-2,485-59-59

* Earnings Before Interest, Tax, Depreciation and Amortisation

Apr 2024Aug 2023Aug 2022Aug 2021Aug 2020Aug 2019Aug 2018Aug 2017Aug 2016Aug 2015Aug 2014Aug 2013Aug 2012Aug 2011Aug 2010Aug 2009
Tangible Assets9,80211,09657,28457,28457,28457,28457,284171,000
Intangible Assets
Investments & Other1
Debtors (Due After 1 year)
Total Fixed Assets9,80211,09657,28457,28457,28457,28457,284171,001
Stock & work in progress185,021
Trade Debtors19,7717,24416,61489,45623,08417,43815,7638,1236,652101
Group Debtors
Misc Debtors20,974
Cash14,40287119,992623,673
misc current assets
total current assets19,7717,24416,61489,45623,08417,43815,76314,4028,1236,65297240,966185,02723,673
total assets29,57318,34016,61489,45680,36874,72273,04771,68665,4076,65297240,966185,027194,674
Bank overdraft
Bank loan
Trade Creditors 16,7059,58057065,92668,83263,03865,4736,32060019,217187,511
Group/Directors Accounts59,80857,40026
other short term finances
hp & lease commitments
other current liabilities2,7431,975
total current liabilities16,7059,58057065,92668,83263,03865,47362,55159,3756,32062619,217187,511
loans
hp & lease commitments
Accruals and Deferred Income600
other liabilities
provisions
total long term liabilities600
total liabilities16,7059,58057065,92668,83263,03865,47362,55159,3756,92062619,217187,511
net assets12,8688,76016,04423,53011,53611,6847,5749,1356,032-26834621,749-2,484194,674
total shareholders funds12,8688,76016,04423,53011,53611,6847,5749,1356,032-26834621,749-2,484194,674
Apr 2024Aug 2023Aug 2022Aug 2021Aug 2020Aug 2019Aug 2018Aug 2017Aug 2016Aug 2015Aug 2014Aug 2013Aug 2012Aug 2011Aug 2010Aug 2009
Operating Activities
Operating Profit5,477-7,284-7,48614,807-1485,074-1,5153,8137,750-516-21,45531,293-2,485-59-59
Depreciation
Amortisation
Tax-1,369-2,813-964-728-1,550-7,209
Stock-185,021185,021
Debtors12,527-9,370-72,84266,3725,6461,67515,763-8,1231,4716,551-20,87320,974
Creditors7,1259,010-65,356-2,9065,794-2,43565,473-6,3205,720-18,617-168,294187,511
Accruals and Deferred Income-2,7437681,375600
Deferred Taxes & Provisions
Cash flow from operations-1,29411,096-57,28445,45211,976-216-747-19,19919,8375-59-59
Investing Activities
capital expenditure1,294-11,09657,284-57,284171,000-171,000
Change in Investments-11
cash flow from investments1,294-11,09657,284-57,284171,001-171,001
Financing Activities
Bank loans
Group/Directors Accounts-59,8082,40857,400-2626
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
share issue-100100-100991-194,674194,674
interest5418252505959
cash flow from financing-59,8542,42657,500-124781491-194,615194,733
cash and cash equivalents
cash-14,40214,402-871-19,12119,9866-23,67323,673
overdraft
change in cash-14,40214,402-871-19,12119,9866-23,67323,673

dace 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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Dace Homes Limited Competitor Analysis

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Perform a competitor analysis for dace homes limited by selecting its closest rivals, whether from the CONSTRUCTION sector, other micro companies, companies in NR12 area or any other competitors across 12 key performance metrics.

dace homes limited Ownership

DACE HOMES LIMITED group structure

Dace Homes Limited has no subsidiary companies.

Ultimate parent company

DACE HOMES LIMITED

06666816

DACE HOMES LIMITED Shareholders

louise dace 50%
john henry dace 50%

dace homes limited directors

Dace Homes Limited currently has 1 director, Mr John Dace serving since Aug 2008.

officercountryagestartendrole
Mr John Dace66 years Aug 2008- Director

P&L

April 2024

turnover

66.6k

+159%

operating profit

5.5k

0%

gross margin

20.9%

+3.49%

turnover

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

Balance Sheet

April 2024

net assets

12.9k

+0.47%

total assets

29.6k

+0.61%

cash

0

0%

net assets

Total assets minus all liabilities

dace homes limited company details

company number

06666816

Type

Private limited with Share Capital

industry

68209 - Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.

41100 - Development of building projects

incorporation date

August 2008

age

17

incorporated

UK

ultimate parent company

None

accounts

Micro-Entity Accounts

last accounts submitted

April 2024

previous names

N/A

accountant

-

auditor

-

address

110 high street, stalham, norwich, NR12 9AU

Bank

-

Legal Advisor

-

dace 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 did not find charges/mortgages relating to dace homes limited.

dace 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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dace homes limited Companies House Filings - See Documents

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