homeground management ltd
homeground management ltd Company Information
Company Number
07305337
Website
www.homegroundonline.comRegistered Address
5 market yard mews, 194-204 bermondsey street, london, SE1 3TQ
Industry
Buying and selling of own real estate
Telephone
02033012629
Next Accounts Due
September 2025
Group Structure
View All
Shareholders
long harbour residential freeholds ltd 80.1%
sanne trust company ltd 19.9%
homeground management ltd Estimated Valuation
Pomanda estimates the enterprise value of HOMEGROUND MANAGEMENT LTD at £36.2m based on a Turnover of £11.8m and 3.07x industry multiple (adjusted for size and gross margin).
homeground management ltd Estimated Valuation
Pomanda estimates the enterprise value of HOMEGROUND MANAGEMENT LTD at £8.2m based on an EBITDA of £1.1m and a 7.54x industry multiple (adjusted for size and gross margin).
homeground management ltd Estimated Valuation
Pomanda estimates the enterprise value of HOMEGROUND MANAGEMENT LTD at £1.9m based on Net Assets of £1.5m and 1.23x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Homeground Management Ltd Overview
Homeground Management Ltd is a live company located in london, SE1 3TQ with a Companies House number of 07305337. It operates in the buying and selling of own real estate sector, SIC Code 68100. Founded in July 2010, it's largest shareholder is long harbour residential freeholds ltd with a 80.1% stake. Homeground Management Ltd is a established, mid sized company, Pomanda has estimated its turnover at £11.8m with high growth in recent years.
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Homeground Management Ltd Health Check
Pomanda's financial health check has awarded Homeground Management Ltd a 4 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 4 areas for improvement. Company Health Check FAQs
5 Strong
2 Regular
4 Weak
Size
annual sales of £11.8m, make it larger than the average company (£965.3k)
£11.8m - Homeground Management Ltd
£965.3k - Industry AVG
Growth
3 year (CAGR) sales growth of 20%, show it is growing at a faster rate (2.5%)
20% - Homeground Management Ltd
2.5% - Industry AVG
Production
with a gross margin of 70.9%, this company has a comparable cost of product (70.9%)
70.9% - Homeground Management Ltd
70.9% - Industry AVG
Profitability
an operating margin of 8.7% make it less profitable than the average company (25.7%)
8.7% - Homeground Management Ltd
25.7% - Industry AVG
Employees
with 101 employees, this is above the industry average (4)
101 - Homeground Management Ltd
4 - Industry AVG
Pay Structure
on an average salary of £72.8k, the company has a higher pay structure (£40.2k)
£72.8k - Homeground Management Ltd
£40.2k - Industry AVG
Efficiency
resulting in sales per employee of £116.8k, this is less efficient (£193.5k)
£116.8k - Homeground Management Ltd
£193.5k - Industry AVG
Debtor Days
it gets paid by customers after 3 days, this is earlier than average (24 days)
3 days - Homeground Management Ltd
24 days - Industry AVG
Creditor Days
its suppliers are paid after 6 days, this is quicker than average (30 days)
6 days - Homeground Management Ltd
30 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Homeground Management Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 48 weeks, this is more cash available to meet short term requirements (8 weeks)
48 weeks - Homeground Management Ltd
8 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 62.9%, this is a similar level of debt than the average (61.5%)
62.9% - Homeground Management Ltd
61.5% - Industry AVG
HOMEGROUND MANAGEMENT LTD financials
Homeground Management Ltd's latest turnover from December 2023 is £11.8 million and the company has net assets of £1.5 million. According to their latest financial statements, Homeground Management Ltd has 101 employees and maintains cash reserves of £2.4 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Mar 2012 | Mar 2011 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 11,799,000 | 10,056,000 | 8,813,000 | 6,903,000 | 6,736,791 | 4,292,621 | 4,060,210 | 3,590,749 | 2,927,751 | 2,693,463 | 1,329,175 | 543,460 | 107,727 | 85,316 |
| Other Income Or Grants | ||||||||||||||
| Cost Of Sales | ||||||||||||||
| Gross Profit | ||||||||||||||
| Admin Expenses | ||||||||||||||
| Operating Profit | 1,023,000 | 1,009,000 | 1,005,393 | 433,038 | 641,769 | 391,602 | 198,699 | -70,751 | 6,552 | |||||
| Interest Payable | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest Receivable | 22,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Pre-Tax Profit | 1,045,000 | 1,009,000 | 1,247,000 | 379,000 | 551,569 | -268,904 | 441,935 | 1,005,393 | 433,038 | 641,769 | 295,947 | 173,733 | -70,751 | 6,552 |
| Tax | -226,000 | -251,000 | -216,000 | -91,000 | -111,004 | 44,902 | -101,058 | -172,323 | -98,699 | -138,634 | 0 | 0 | 0 | 0 |
| Profit After Tax | 819,000 | 758,000 | 1,031,000 | 288,000 | 440,565 | -224,002 | 340,877 | 833,070 | 334,339 | 503,135 | 295,947 | 173,733 | -70,751 | 6,552 |
| Dividends Paid | 2,000,000 | 2,000,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Retained Profit | -1,181,000 | -1,242,000 | 1,031,000 | 288,000 | 440,565 | -224,002 | 340,877 | 833,070 | 334,339 | 503,135 | 295,947 | 173,733 | -70,751 | 6,552 |
| Employee Costs | 7,355,000 | 6,376,000 | 5,204,000 | 1,684,644 | 1,116,274 | 624,723 | 335,902 | 190,878 | 11,515 | 0 | ||||
| Number Of Employees | 101 | 88 | 79 | 69 | 53 | 39 | 33 | 26 | 20 | 13 | 9 | 5 | 2 | |
| EBITDA* | 1,090,000 | 1,149,000 | 1,018,079 | 444,541 | 658,682 | 415,882 | 218,650 | -54,488 | 8,778 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Mar 2012 | Mar 2011 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 126,000 | 92,000 | 144,000 | 191,000 | 107,760 | 49,181 | 91,308 | 42,553 | 21,450 | 16,027 | 20,804 | 37,214 | 57,165 | 22,673 |
| Intangible Assets | 24,000 | 3,000 | 80,000 | 164,000 | 216,682 | 141,881 | 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 | 150,000 | 95,000 | 224,000 | 355,000 | 324,442 | 191,062 | 91,308 | 42,553 | 21,450 | 16,027 | 20,804 | 37,214 | 57,165 | 22,673 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 121,000 | 1,229,000 | 2,175,000 | 448,000 | 2,340,845 | 760,359 | 741,694 | 597,940 | 411,579 | 1,508,267 | 13,856 | 0 | 31,514 | 14,397 |
| Group Debtors | 826,000 | 6,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 32,271 |
| Misc Debtors | 659,000 | 579,000 | 557,000 | 216,000 | 173,505 | 221,159 | 67,975 | 203,381 | 178,082 | 239,259 | 571,368 | 107,579 | 15,392 | 3,316 |
| Cash | 2,374,000 | 2,567,000 | 2,433,000 | 3,117,000 | 1,315,613 | 2,205,016 | 2,140,965 | 1,902,372 | 1,655,770 | 580,461 | 346,237 | 141,295 | 9,730 | 185,462 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 3,980,000 | 4,381,000 | 5,165,000 | 3,781,000 | 3,829,963 | 3,186,534 | 2,950,634 | 2,703,693 | 2,245,431 | 2,327,987 | 931,461 | 248,874 | 56,636 | 235,446 |
| total assets | 4,130,000 | 4,476,000 | 5,389,000 | 4,136,000 | 4,154,405 | 3,377,596 | 3,041,942 | 2,746,246 | 2,266,881 | 2,344,014 | 952,265 | 286,088 | 113,801 | 258,119 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 62,000 | 249,000 | 456,000 | 268,000 | 166,444 | 102,443 | 335,595 | 188,095 | 96,332 | 18,709 | 4,739 | 9,924 | 32,946 | 2,016 |
| Group/Directors Accounts | 262,000 | 300,000 | 0 | 0 | 87,181 | 78,689 | 76,155 | 13,625 | 10,265 | 17,671 | 85,263 | 0 | 127,055 | 241,246 |
| 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 | 2,241,000 | 1,181,000 | 945,000 | 878,000 | 1,204,671 | 966,263 | 194,942 | 467,501 | 916,329 | 1,398,018 | 455,782 | 165,630 | 16,999 | 7,305 |
| total current liabilities | 2,565,000 | 1,730,000 | 1,401,000 | 1,146,000 | 1,458,296 | 1,147,395 | 606,692 | 669,221 | 1,022,926 | 1,434,398 | 545,784 | 175,554 | 177,000 | 250,567 |
| loans | 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 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 34,000 | 34,000 | 34,000 | 67,000 | 61,644 | 36,301 | 17,348 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 34,000 | 34,000 | 34,000 | 67,000 | 61,644 | 36,301 | 17,348 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 2,599,000 | 1,764,000 | 1,435,000 | 1,213,000 | 1,519,940 | 1,183,696 | 624,040 | 669,221 | 1,022,926 | 1,434,398 | 545,784 | 175,554 | 177,000 | 250,567 |
| net assets | 1,531,000 | 2,712,000 | 3,954,000 | 2,923,000 | 2,634,465 | 2,193,900 | 2,417,902 | 2,077,025 | 1,243,955 | 909,616 | 406,481 | 110,534 | -63,199 | 7,552 |
| total shareholders funds | 1,531,000 | 2,712,000 | 3,954,000 | 2,923,000 | 2,634,465 | 2,193,900 | 2,417,902 | 2,077,025 | 1,243,955 | 909,616 | 406,481 | 110,534 | -63,199 | 7,552 |
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Mar 2012 | Mar 2011 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||||
| Operating Profit | 1,023,000 | 1,009,000 | 1,005,393 | 433,038 | 641,769 | 391,602 | 198,699 | -70,751 | 6,552 | |||||
| Depreciation | 64,000 | 62,000 | 102,000 | 0 | 54,427 | 44,874 | 23,840 | 12,686 | 11,503 | 16,913 | 24,280 | 19,951 | 16,263 | 2,226 |
| Amortisation | 3,000 | 78,000 | 84,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | -226,000 | -251,000 | -216,000 | -91,000 | -111,004 | 44,902 | -101,058 | -172,323 | -98,699 | -138,634 | 0 | 0 | 0 | 0 |
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | -208,000 | -918,000 | 2,068,000 | -1,850,350 | 1,532,832 | 171,849 | 8,348 | 211,660 | -1,157,865 | 1,162,302 | 477,645 | 57,595 | -3,078 | 49,984 |
| Creditors | -187,000 | -207,000 | 188,000 | 101,556 | 64,001 | -233,152 | 147,500 | 91,763 | 77,623 | 13,970 | -5,185 | 7,908 | 30,930 | 2,016 |
| Accruals and Deferred Income | 1,060,000 | 236,000 | 67,000 | -326,671 | 238,408 | 771,321 | -272,559 | -448,828 | -481,689 | 942,236 | 290,152 | 158,325 | 9,694 | 7,305 |
| Deferred Taxes & Provisions | 0 | 0 | -33,000 | 5,356 | 25,343 | 18,953 | 17,348 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | 1,945,000 | 1,845,000 | 277,031 | 1,099,641 | 313,952 | 223,204 | 327,288 | -10,786 | -31,885 | |||||
| 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 | -38,000 | 300,000 | 0 | -87,181 | 8,492 | 2,534 | 62,530 | 3,360 | -7,406 | -67,592 | 85,263 | -241,246 | -114,191 | 241,246 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||||||||||
| interest | 22,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from financing | -16,000 | 300,000 | 0 | -86,646 | 8,492 | 2,534 | 62,530 | 3,360 | -7,406 | -67,592 | 85,263 | -311,997 | -114,191 | 242,246 |
| cash and cash equivalents | ||||||||||||||
| cash | -193,000 | 134,000 | -684,000 | 1,801,387 | -889,403 | 64,051 | 238,593 | 246,602 | 1,075,309 | 234,224 | 204,942 | -44,167 | -175,732 | 185,462 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -193,000 | 134,000 | -684,000 | 1,801,387 | -889,403 | 64,051 | 238,593 | 246,602 | 1,075,309 | 234,224 | 204,942 | -44,167 | -175,732 | 185,462 |
homeground management ltd Credit Report and Business Information
Homeground Management Ltd Competitor Analysis
Perform a competitor analysis for homeground management ltd by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other mid companies, companies in SE1 area or any other competitors across 12 key performance metrics.
homeground management ltd Ownership
HOMEGROUND MANAGEMENT LTD group structure
Homeground Management Ltd has no subsidiary companies.
Ultimate parent company
LONG HARBOUR GROUP GENERAL PARTNER
#0172064
2 parents
HOMEGROUND MANAGEMENT LTD
07305337
homeground management ltd directors
Homeground Management Ltd currently has 4 directors. The longest serving directors include Mr James Aumonier (Jul 2010) and The Honourable William Astor (Jul 2010).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr James Aumonier | England | 46 years | Jul 2010 | - | Director |
| The Honourable William Astor | England | 45 years | Jul 2010 | - | Director |
| Mr Richard Sherry | England | 53 years | Feb 2013 | - | Director |
| Mr Richard Silva | England | 57 years | Sep 2016 | - | Director |
P&L
December 2023turnover
11.8m
+17%
operating profit
1m
+1%
gross margin
71%
+1.1%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
1.5m
-0.44%
total assets
4.1m
-0.08%
cash
2.4m
-0.08%
net assets
Total assets minus all liabilities
Similar Companies
homeground management ltd company details
company number
07305337
Type
Private limited with Share Capital
industry
68100 - Buying and selling of own real estate
incorporation date
July 2010
age
14
incorporated
UK
accounts
Full Accounts
ultimate parent company
previous names
abacus land management limited (August 2010)
last accounts submitted
December 2023
address
5 market yard mews, 194-204 bermondsey street, london, SE1 3TQ
accountant
-
auditor
BDO LLP
homeground management 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 homeground management ltd.
homeground management ltd Companies House Filings - See Documents
| date | description | view/download |
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