land promotions housing limited

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land promotions housing limited Company Information

Share LAND PROMOTIONS HOUSING LIMITED

Company Number

07387286

Shareholders

itech (homes) limited

Group Structure

View All

Industry

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

 

Registered Address

4 king square, bridgwater, somerset, TA6 3YF

land promotions housing limited Estimated Valuation

£4.4m

Pomanda estimates the enterprise value of LAND PROMOTIONS HOUSING LIMITED at £4.4m based on a Turnover of £1.8m and 2.48x industry multiple (adjusted for size and gross margin).

land promotions housing limited Estimated Valuation

£0

Pomanda estimates the enterprise value of LAND PROMOTIONS HOUSING LIMITED at £0 based on an EBITDA of £0 and a 4.85x industry multiple (adjusted for size and gross margin).

land promotions housing limited Estimated Valuation

£360.8k

Pomanda estimates the enterprise value of LAND PROMOTIONS HOUSING LIMITED at £360.8k based on Net Assets of £206.7k and 1.75x industry multiple (adjusted for liquidity).

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Land Promotions Housing Limited Overview

Land Promotions Housing Limited is a live company located in somerset, TA6 3YF with a Companies House number of 07387286. It operates in the other letting and operating of own or leased real estate sector, SIC Code 68209. Founded in September 2010, it's largest shareholder is itech (homes) limited with a 100% stake. Land Promotions Housing Limited is a established, small sized company, Pomanda has estimated its turnover at £1.8m with declining growth in recent years.

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Land Promotions Housing Limited Health Check

Pomanda's financial health check has awarded Land Promotions Housing Limited a 2.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 6 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating2.5out of 5
positive_score

3 Strong

positive_score

1 Regular

positive_score

6 Weak

size

Size

annual sales of £1.8m, make it larger than the average company (£847k)

£1.8m - Land Promotions Housing Limited

£847k - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -3%, show it is growing at a slower rate (2.8%)

-3% - Land Promotions Housing Limited

2.8% - Industry AVG

production

Production

with a gross margin of 29.6%, this company has a higher cost of product (72.5%)

29.6% - Land Promotions Housing Limited

72.5% - Industry AVG

profitability

Profitability

There is insufficient data available for this Key Performance Indicator!

- - Land Promotions Housing Limited

- - Industry AVG

employees

Employees

with 2 employees, this is below the industry average (4)

2 - Land Promotions Housing Limited

4 - Industry AVG

paystructure

Pay Structure

on an average salary of £31.9k, the company has an equivalent pay structure (£31.9k)

£31.9k - Land Promotions Housing Limited

£31.9k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £893.3k, this is more efficient (£180.6k)

£893.3k - Land Promotions Housing Limited

£180.6k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 61 days, this is later than average (33 days)

61 days - Land Promotions Housing Limited

33 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 1222 days, this is slower than average (34 days)

1222 days - Land Promotions Housing Limited

34 days - Industry AVG

stockdays

Stock Days

it holds stock equivalent to 1194 days, this is more than average (55 days)

1194 days - Land Promotions Housing Limited

55 days - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - Land Promotions Housing Limited

- - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 95.3%, this is a higher level of debt than the average (68%)

95.3% - Land Promotions Housing Limited

68% - Industry AVG

LAND PROMOTIONS HOUSING LIMITED financials

EXPORTms excel logo

Land Promotions Housing Limited's latest turnover from September 2023 is estimated at £1.8 million and the company has net assets of £206.7 thousand. According to their latest financial statements, Land Promotions Housing Limited has 2 employees and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Sep 2023Sep 2022Sep 2021Sep 2020Sep 2019Sep 2018Sep 2017Sep 2016Sep 2015Sep 2014Sep 2013Sep 2012Sep 2011
Turnover1,786,6372,330,5352,035,1711,986,8562,450,1492,026,6432,043,3502,165,4513,002,381789,378851,618461,5402,595
Other Income Or Grants
Cost Of Sales1,257,1411,675,8511,500,7811,427,4721,748,2881,431,1581,388,5031,459,5022,138,365573,520632,792339,3501,895
Gross Profit529,496654,685534,390559,384701,861595,485654,848705,949864,016215,858218,825122,190700
Admin Expenses529,496656,716548,060224,822783,264595,498655,361707,531832,492196,382228,983114,8652,846
Operating Profit-2,031-13,670334,562-81,403-13-513-1,58231,52419,476-10,1587,325-2,146
Interest Payable
Interest Receivable
Pre-Tax Profit-2,031-13,670334,562-81,403-13-513-1,58231,52419,476-10,1587,325-2,146
Tax-63,567-6,305-4,090-1,758
Profit After Tax-2,031-13,670270,995-81,403-13-513-1,58225,21915,386-10,1585,567-2,146
Dividends Paid
Retained Profit-2,031-13,670270,995-81,403-13-513-1,58225,21915,386-10,1585,567-2,146
Employee Costs63,84161,28756,80155,52457,23854,76151,98553,200212,44076,33972,54848,82223,937
Number Of Employees2222222283321
EBITDA*-2,031-13,670334,562-81,403-13-513-1,58231,52419,476-10,1587,325-2,146

* Earnings Before Interest, Tax, Depreciation and Amortisation

Sep 2023Sep 2022Sep 2021Sep 2020Sep 2019Sep 2018Sep 2017Sep 2016Sep 2015Sep 2014Sep 2013Sep 2012Sep 2011
Tangible Assets
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
Stock & work in progress4,112,9162,246,9571,370,2801,082,974860,3491,098,984461,7632,500
Trade Debtors302,605673,624663,697659,497662,837662,837662,837662,837662,837103,566105,856354
Group Debtors
Misc Debtors
Cash
misc current assets
total current assets4,415,5212,920,5812,033,977659,4971,745,811662,837662,837662,837662,837963,9151,204,840461,7632,854
total assets4,415,5212,920,5812,033,977659,4971,745,811662,837662,837662,837662,837963,9151,204,840461,7632,854
Bank overdraft
Bank loan
Trade Creditors 4,208,8702,713,9301,825,295437,1451,794,454630,077630,064629,551627,969954,2661,210,577457,3424,000
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
total current liabilities4,208,8702,713,9301,825,295437,1451,794,454630,077630,064629,551627,969954,2661,210,577457,3424,000
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
total long term liabilities
total liabilities4,208,8702,713,9301,825,295437,1451,794,454630,077630,064629,551627,969954,2661,210,577457,3424,000
net assets206,651206,651208,682222,352-48,64332,76032,77333,28634,8689,649-5,7374,421-1,146
total shareholders funds206,651206,651208,682222,352-48,64332,76032,77333,28634,8689,649-5,7374,421-1,146
Sep 2023Sep 2022Sep 2021Sep 2020Sep 2019Sep 2018Sep 2017Sep 2016Sep 2015Sep 2014Sep 2013Sep 2012Sep 2011
Operating Activities
Operating Profit-2,031-13,670334,562-81,403-13-513-1,58231,52419,476-10,1587,325-2,146
Depreciation
Amortisation
Tax-63,567-6,305-4,090-1,758
Stock1,865,959876,6771,370,280-1,082,9741,082,974-860,349-238,635637,221459,2632,500
Debtors-371,0199,9274,200-3,340559,271-2,290105,856-354354
Creditors1,494,940888,6351,388,150-1,357,3091,164,377135131,582-326,297-256,311753,235453,3424,000
Accruals and Deferred Income
Deferred Taxes & Provisions
Cash flow from operations-1,000
Investing Activities
capital expenditure
Change in Investments
cash flow from investments
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
share issue1,000
interest
cash flow from financing1,000
cash and cash equivalents
cash
overdraft
change in cash

land promotions housing 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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Land Promotions Housing Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for land promotions housing limited by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other small companies, companies in TA6 area or any other competitors across 12 key performance metrics.

land promotions housing limited Ownership

LAND PROMOTIONS HOUSING LIMITED group structure

Land Promotions Housing Limited has no subsidiary companies.

Ultimate parent company

2 parents

LAND PROMOTIONS HOUSING LIMITED

07387286

LAND PROMOTIONS HOUSING LIMITED Shareholders

itech (homes) limited 100%

land promotions housing limited directors

Land Promotions Housing Limited currently has 1 director, Mr James Kilmartin serving since Feb 2013.

officercountryagestartendrole
Mr James KilmartinUnited Kingdom54 years Feb 2013- Director

P&L

September 2023

turnover

1.8m

-23%

operating profit

0

0%

gross margin

29.7%

+5.5%

turnover

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

Balance Sheet

September 2023

net assets

206.7k

0%

total assets

4.4m

+0.51%

cash

0

0%

net assets

Total assets minus all liabilities

land promotions housing limited company details

company number

07387286

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.

incorporation date

September 2010

age

15

incorporated

UK

ultimate parent company

accounts

Unaudited Abridged

last accounts submitted

September 2023

previous names

N/A

accountant

-

auditor

-

address

4 king square, bridgwater, somerset, TA6 3YF

Bank

ARBUTHNOT LATHAM & CO PRIVATE BANKERS

Legal Advisor

-

land promotions housing 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 7 charges/mortgages relating to land promotions housing limited. Currently there are 2 open charges and 5 have been satisfied in the past.

land promotions housing 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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land promotions housing limited Companies House Filings - See Documents

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