radlett homes limited

Live EstablishedMicroDeclining

radlett homes limited Company Information

Share RADLETT HOMES LIMITED

Company Number

06803893

Shareholders

rochelle landau

neil ian landau

Group Structure

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Industry

Real estate agencies

 

Registered Address

1 waterside, station road, harpenden, hertfordshire, AL5 4US

radlett homes limited Estimated Valuation

£525.5k

Pomanda estimates the enterprise value of RADLETT HOMES LIMITED at £525.5k based on a Turnover of £349.3k and 1.5x industry multiple (adjusted for size and gross margin).

radlett homes limited Estimated Valuation

£0

Pomanda estimates the enterprise value of RADLETT HOMES LIMITED at £0 based on an EBITDA of £-33.5k and a 5.21x industry multiple (adjusted for size and gross margin).

radlett homes limited Estimated Valuation

£197.5k

Pomanda estimates the enterprise value of RADLETT HOMES LIMITED at £197.5k based on Net Assets of £98.8k and 2x industry multiple (adjusted for liquidity).

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Radlett Homes Limited Overview

Radlett Homes Limited is a live company located in harpenden, AL5 4US with a Companies House number of 06803893. It operates in the real estate agencies sector, SIC Code 68310. Founded in January 2009, it's largest shareholder is rochelle landau with a 50% stake. Radlett Homes Limited is a established, micro sized company, Pomanda has estimated its turnover at £349.3k with declining growth in recent years.

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Radlett Homes Limited Health Check

Pomanda's financial health check has awarded Radlett 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 £349.3k, make it smaller than the average company (£946.2k)

£349.3k - Radlett Homes Limited

£946.2k - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -3%, show it is growing at a slower rate (5.2%)

-3% - Radlett Homes Limited

5.2% - Industry AVG

production

Production

with a gross margin of 40.8%, this company has a higher cost of product (85.8%)

40.8% - Radlett Homes Limited

85.8% - Industry AVG

profitability

Profitability

an operating margin of -9.6% make it less profitable than the average company (6%)

-9.6% - Radlett Homes Limited

6% - Industry AVG

employees

Employees

with 5 employees, this is below the industry average (17)

5 - Radlett Homes Limited

17 - Industry AVG

paystructure

Pay Structure

on an average salary of £40.4k, the company has an equivalent pay structure (£40.4k)

£40.4k - Radlett Homes Limited

£40.4k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £69.9k, this is less efficient (£86k)

£69.9k - Radlett Homes Limited

£86k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 127 days, this is later than average (33 days)

127 days - Radlett Homes Limited

33 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 113 days, this is slower than average (40 days)

113 days - Radlett Homes Limited

40 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Radlett Homes Limited

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - Radlett Homes Limited

- - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 44.5%, this is a lower level of debt than the average (50.7%)

44.5% - Radlett Homes Limited

50.7% - Industry AVG

RADLETT HOMES LIMITED financials

EXPORTms excel logo

Radlett Homes Limited's latest turnover from December 2023 is estimated at £349.3 thousand and the company has net assets of £98.8 thousand. According to their latest financial statements, Radlett Homes Limited has 5 employees and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Turnover349,336426,657514,184388,013175,802189,367198,491273,962201,61078,792114,522381,603191,01437,693
Other Income Or Grants
Cost Of Sales206,958228,747273,942225,522101,688105,79796,194115,29584,70533,98656,212192,39697,01320,293
Gross Profit142,378197,909240,242162,49074,11483,570102,297158,667116,90544,80658,310189,20794,00117,400
Admin Expenses175,904214,17291,691127,71684,03884,637116,298127,640116,65544,91759,427191,582126,322-30,869-329
Operating Profit-33,526-16,263148,55134,774-9,924-1,067-14,00131,027250-111-1,117-2,375-32,32148,269329
Interest Payable
Interest Receivable18951177610734733475
Pre-Tax Profit-33,526-16,263148,55134,774-9,924-1,067-14,00131,0453456-1,041-2,268-31,97448,603404
Tax-28,225-6,607-6,209-69-1-13,609-113
Profit After Tax-33,526-16,263120,32628,167-9,924-1,067-14,00124,8362765-1,041-2,268-31,97434,994291
Dividends Paid
Retained Profit-33,526-16,263120,32628,167-9,924-1,067-14,00124,8362765-1,041-2,268-31,97434,994291
Employee Costs201,948163,354163,273156,382161,163156,560144,167148,04275,39337,81270,310127,00163,23135,266
Number Of Employees54444444212421
EBITDA*-33,526-16,263148,55134,774-9,924-1,067-14,00131,0274,5144,0142,084-109-26,43354,0006,497

* Earnings Before Interest, Tax, Depreciation and Amortisation

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Tangible Assets55,57560,23164,50710,2467,18610,1707,6598,73211,22510,3728,3585,0595,3295,7738,004
Intangible Assets3,5007,00010,500
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets55,57560,23164,50710,2467,18610,1707,6598,73211,22510,3728,3585,0598,82912,77318,504
Stock & work in progress
Trade Debtors122,421169,441211,629145,36340,66656,02861,86079,52933,28712,92718,42056,91732,0825,44710,179
Group Debtors
Misc Debtors14,1674,081
Cash14,11223,82823,1627,35335,419103,41730,116
misc current assets
total current assets122,421169,441211,629145,36340,66656,02861,86079,52947,39950,92245,66364,27067,501108,86440,295
total assets177,996229,672276,136155,60947,85266,19869,51988,26158,62461,29454,02169,32976,330121,63758,799
Bank overdraft
Bank loan
Trade Creditors 64,16172,31592,51682,82947,72556,14758,40163,14255,99659,11352,24767,18471,16385,04056,727
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
total current liabilities64,16172,31592,51682,82947,72556,14758,40163,14255,99659,11352,24767,18471,16385,04056,727
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities15,00425,00035,00044,486
provisions2,2452,0741,6721,0021,7561,2121,681
total long term liabilities15,00425,00035,00044,4862,2452,0741,6721,0021,7561,2121,681
total liabilities79,16597,315127,516127,31547,72556,14758,40163,14258,24161,18753,91968,18672,91986,25258,408
net assets98,831132,357148,62028,29412710,05111,11825,1193831071021,1433,41135,385391
total shareholders funds98,831132,357148,62028,29412710,05111,11825,1193831071021,1433,41135,385391
Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Operating Activities
Operating Profit-33,526-16,263148,55134,774-9,924-1,067-14,00131,027250-111-1,117-2,375-32,32148,269329
Depreciation4,2644,1253,2012,2662,3882,2312,668
Amortisation3,5003,5003,500
Tax-28,225-6,607-6,209-69-1-13,609-113
Stock
Debtors-47,020-42,18866,266104,697-15,362-5,832-17,66946,2426,1934,593-34,41624,83526,635-4,73210,179
Creditors-8,154-20,2019,68735,104-8,422-2,254-4,7417,146-3,1176,866-14,937-3,979-13,87728,31356,727
Accruals and Deferred Income
Deferred Taxes & Provisions-2,245171402670-754544-4691,681
Cash flow from operations5,3405,72463,747-41,426-2,9842,511-1,073-16,523-4,6946,68822,233-29,677-66,40172,96754,613
Investing Activities
capital expenditure4,6564,276-54,261-3,0602,984-2,5111,0732,493-5,117-6,139-6,5001,504-1,944-24,672
Change in Investments
cash flow from investments4,6564,276-54,261-3,0602,984-2,5111,0732,493-5,117-6,139-6,5001,504-1,944-24,672
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities-9,996-10,000-9,48644,486
share issue-100100
interest18951177610734733475
cash flow from financing-9,996-10,000-9,48644,486-829511776107347334175
cash and cash equivalents
cash-14,112-9,71666615,809-28,066-67,99873,30130,116
overdraft
change in cash-14,112-9,71666615,809-28,066-67,99873,30130,116

radlett 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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Radlett Homes Limited Competitor Analysis

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Perform a competitor analysis for radlett homes limited by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other micro companies, companies in AL5 area or any other competitors across 12 key performance metrics.

radlett homes limited Ownership

RADLETT HOMES LIMITED group structure

Radlett Homes Limited has no subsidiary companies.

Ultimate parent company

RADLETT HOMES LIMITED

06803893

RADLETT HOMES LIMITED Shareholders

rochelle landau 50%
neil ian landau 50%

radlett homes limited directors

Radlett Homes Limited currently has 2 directors. The longest serving directors include Mr Neil Landau (Jun 2009) and Ms Rochelle Landau (Nov 2009).

officercountryagestartendrole
Mr Neil LandauUnited Kingdom66 years Jun 2009- Director
Ms Rochelle Landau66 years Nov 2009- Director

P&L

December 2023

turnover

349.3k

-18%

operating profit

-33.5k

0%

gross margin

40.8%

-12.14%

turnover

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

Balance Sheet

December 2023

net assets

98.8k

-0.25%

total assets

178k

-0.22%

cash

0

0%

net assets

Total assets minus all liabilities

radlett homes limited company details

company number

06803893

Type

Private limited with Share Capital

industry

68310 - Real estate agencies

incorporation date

January 2009

age

16

incorporated

UK

ultimate parent company

None

accounts

Micro-Entity Accounts

last accounts submitted

December 2023

previous names

N/A

accountant

LBCA LTD

auditor

-

address

1 waterside, station road, harpenden, hertfordshire, AL5 4US

Bank

-

Legal Advisor

-

radlett 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 radlett homes limited.

radlett 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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radlett homes limited Companies House Filings - See Documents

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