silver homes (developments) limited

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silver homes (developments) limited Company Information

Share SILVER HOMES (DEVELOPMENTS) LIMITED

Company Number

07213473

Shareholders

uday bhardwaj

richard anthony lazaro-silver

Group Structure

View All

Industry

Development of building projects

 

Registered Address

rays house north circular road, london, NW10 7XP

silver homes (developments) limited Estimated Valuation

£160.1k

Pomanda estimates the enterprise value of SILVER HOMES (DEVELOPMENTS) LIMITED at £160.1k based on a Turnover of £474.8k and 0.34x industry multiple (adjusted for size and gross margin).

silver homes (developments) limited Estimated Valuation

£3.5k

Pomanda estimates the enterprise value of SILVER HOMES (DEVELOPMENTS) LIMITED at £3.5k based on an EBITDA of £1.3k and a 2.59x industry multiple (adjusted for size and gross margin).

silver homes (developments) limited Estimated Valuation

£0

Pomanda estimates the enterprise value of SILVER HOMES (DEVELOPMENTS) LIMITED at £0 based on Net Assets of £-119.4k and 1.49x industry multiple (adjusted for liquidity).

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Silver Homes (developments) Limited Overview

Silver Homes (developments) Limited is a live company located in london, NW10 7XP with a Companies House number of 07213473. It operates in the development of building projects sector, SIC Code 41100. Founded in April 2010, it's largest shareholder is uday bhardwaj with a 60% stake. Silver Homes (developments) Limited is a established, micro sized company, Pomanda has estimated its turnover at £474.8k with declining growth in recent years.

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Silver Homes (developments) Limited Health Check

Pomanda's financial health check has awarded Silver Homes (Developments) 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 £474.8k, make it smaller than the average company (£2.3m)

£474.8k - Silver Homes (developments) Limited

£2.3m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -1%, show it is growing at a slower rate (7%)

-1% - Silver Homes (developments) Limited

7% - Industry AVG

production

Production

with a gross margin of 9.4%, this company has a higher cost of product (26.5%)

9.4% - Silver Homes (developments) Limited

26.5% - Industry AVG

profitability

Profitability

an operating margin of 0.3% make it less profitable than the average company (7.5%)

0.3% - Silver Homes (developments) Limited

7.5% - Industry AVG

employees

Employees

with 1 employees, this is below the industry average (7)

1 - Silver Homes (developments) Limited

7 - Industry AVG

paystructure

Pay Structure

on an average salary of £49.1k, the company has an equivalent pay structure (£49.1k)

£49.1k - Silver Homes (developments) Limited

£49.1k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £474.8k, this is more efficient (£280.5k)

£474.8k - Silver Homes (developments) Limited

£280.5k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 43 days, this is later than average (28 days)

43 days - Silver Homes (developments) Limited

28 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 149 days, this is slower than average (32 days)

149 days - Silver Homes (developments) Limited

32 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Silver Homes (developments) Limited

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - Silver Homes (developments) Limited

- - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 312.4%, this is a higher level of debt than the average (73.6%)

312.4% - Silver Homes (developments) Limited

73.6% - Industry AVG

SILVER HOMES (DEVELOPMENTS) LIMITED financials

EXPORTms excel logo

Silver Homes (Developments) Limited's latest turnover from June 2024 is estimated at £474.8 thousand and the company has net assets of -£119.4 thousand. According to their latest financial statements, we estimate that Silver Homes (Developments) Limited has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Jun 2024Jun 2023Jun 2022Jun 2021Jun 2020Jun 2019Jun 2018Jun 2017Jun 2016Apr 2015Apr 2014Apr 2013Apr 2012Apr 2011
Turnover474,776496,672476,690483,305524,388152,167165,890111,5741,055,697
Other Income Or Grants
Cost Of Sales429,939449,775431,655441,484472,667136,123148,12698,349932,682
Gross Profit44,83746,89745,03541,82251,72116,04417,76413,225123,015
Admin Expenses43,49447,19545,10243,486-1,607-1,232-97,174-27,624123,489
Operating Profit1,343-298-67-1,66453,32817,276114,93840,849-474
Interest Payable48,755128,835120,06646,110
Interest Receivable151511135728
Pre-Tax Profit1,343-298-67-1,6644,588-111,408-5,015-5,205-446
Tax-336-872
Profit After Tax1,007-298-67-1,6643,716-111,408-5,015-5,205-446
Dividends Paid
Retained Profit1,007-298-67-1,6643,716-111,408-5,015-5,205-446
Employee Costs49,06647,08544,49943,94243,04742,56241,89241,01483,222
Number Of Employees111111112
EBITDA*1,343-298-67-1,66453,32817,276114,93840,849-474

* Earnings Before Interest, Tax, Depreciation and Amortisation

Jun 2024Jun 2023Jun 2022Jun 2021Jun 2020Jun 2019Jun 2018Jun 2017Jun 2016Apr 2015Apr 2014Apr 2013Apr 2012Apr 2011
Tangible Assets
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
Stock & work in progress2,611,9822,431,3001,572,7231,287,359
Trade Debtors56,21956,29156,50956,84062,0666,39515,2269,9811,090
Group Debtors
Misc Debtors
Cash29,00211,22934,04811,322
misc current assets
total current assets56,21956,29156,50956,84062,0662,647,3792,457,7551,616,7521,299,771
total assets56,21956,29156,50956,84062,0662,647,3792,457,7551,616,7521,299,771
Bank overdraft
Bank loan1,598,5181,473,817825,533
Trade Creditors 175,599176,678176,598176,862180,42411,6159,9017,334735,117
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities244,220239,603139,436
total current liabilities175,599176,678176,598176,862180,4241,854,3531,723,321972,303735,117
loans745,000650,000
hp & lease commitments
Accruals and Deferred Income
other liabilities915,000565,000
provisions
total long term liabilities915,000745,000650,000565,000
total liabilities175,599176,678176,598176,862180,4242,769,3532,468,3211,622,3031,300,117
net assets-119,380-120,387-120,089-120,022-118,358-121,974-10,566-5,551-346
total shareholders funds-119,380-120,387-120,089-120,022-118,358-121,974-10,566-5,551-346
Jun 2024Jun 2023Jun 2022Jun 2021Jun 2020Jun 2019Jun 2018Jun 2017Jun 2016Apr 2015Apr 2014Apr 2013Apr 2012Apr 2011
Operating Activities
Operating Profit1,343-298-67-1,66453,32817,276114,93840,849-474
Depreciation
Amortisation
Tax-336-872
Stock-2,611,982180,682858,577285,3641,287,359
Debtors-72-218-331-5,22655,671-8,8315,2458,8911,090
Creditors-1,07980-264-3,562168,8091,7142,567-727,783735,117
Accruals and Deferred Income-244,2204,617100,167139,436
Deferred Taxes & Provisions
Cash flow from operations2,533,356-148,244-646,150-841,753-553,806
Investing Activities
capital expenditure
Change in Investments
cash flow from investments
Financing Activities
Bank loans-1,598,518124,701648,284825,533
Group/Directors Accounts
Other Short Term Loans
Long term loans-745,00095,000650,000
Hire Purchase and Lease Commitments
other long term liabilities-915,000915,000-565,000565,000
share issue-100100
interest-48,740-128,684-119,953-46,05328
cash flow from financing-2,562,358166,017623,331864,480565,128
cash and cash equivalents
cash-29,00217,773-22,81922,72611,322
overdraft
change in cash-29,00217,773-22,81922,72611,322

silver homes (developments) 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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Silver Homes (developments) Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for silver homes (developments) limited by selecting its closest rivals, whether from the CONSTRUCTION sector, other micro companies, companies in NW10 area or any other competitors across 12 key performance metrics.

silver homes (developments) limited Ownership

SILVER HOMES (DEVELOPMENTS) LIMITED group structure

Silver Homes (Developments) Limited has no subsidiary companies.

Ultimate parent company

SILVER HOMES (DEVELOPMENTS) LIMITED

07213473

SILVER HOMES (DEVELOPMENTS) LIMITED Shareholders

uday bhardwaj 60%
richard anthony lazaro-silver 40%

silver homes (developments) limited directors

Silver Homes (Developments) Limited currently has 2 directors. The longest serving directors include Mr Udayan Bhardwaj (May 2015) and Mr Richard Lazaro-Silver (May 2015).

officercountryagestartendrole
Mr Udayan BhardwajUnited Kingdom53 years May 2015- Director
Mr Richard Lazaro-SilverUnited Kingdom64 years May 2015- Director

P&L

June 2024

turnover

474.8k

-4%

operating profit

1.3k

0%

gross margin

9.5%

+0.02%

turnover

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

Balance Sheet

June 2024

net assets

-119.4k

-0.01%

total assets

56.2k

0%

cash

0

0%

net assets

Total assets minus all liabilities

silver homes (developments) limited company details

company number

07213473

Type

Private limited with Share Capital

industry

41100 - Development of building projects

incorporation date

April 2010

age

15

incorporated

UK

ultimate parent company

None

accounts

Micro-Entity Accounts

last accounts submitted

June 2024

previous names

N/A

accountant

-

auditor

-

address

rays house north circular road, london, NW10 7XP

Bank

-

Legal Advisor

-

silver homes (developments) 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 2 charges/mortgages relating to silver homes (developments) limited. Currently there are 0 open charges and 2 have been satisfied in the past.

silver homes (developments) 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.

Click to start generating capital raising & share issue transactions for SILVER HOMES (DEVELOPMENTS) LIMITED. This can take several minutes, an email will notify you when this has completed.

silver homes (developments) limited Companies House Filings - See Documents

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