1st class student homes ltd

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1st class student homes ltd Company Information

Share 1ST CLASS STUDENT HOMES LTD

Company Number

07411110

Shareholders

louise earp

alan earp

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.

 

Registered Address

4 clews road, redditch, worcestershire, B98 7ST

1st class student homes ltd Estimated Valuation

£13.9m

Pomanda estimates the enterprise value of 1ST CLASS STUDENT HOMES LTD at £13.9m based on a Turnover of £3.8m and 3.62x industry multiple (adjusted for size and gross margin).

1st class student homes ltd Estimated Valuation

£2.4m

Pomanda estimates the enterprise value of 1ST CLASS STUDENT HOMES LTD at £2.4m based on an EBITDA of £337.3k and a 7.08x industry multiple (adjusted for size and gross margin).

1st class student homes ltd Estimated Valuation

£3m

Pomanda estimates the enterprise value of 1ST CLASS STUDENT HOMES LTD at £3m based on Net Assets of £1.7m and 1.75x industry multiple (adjusted for liquidity).

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1st Class Student Homes Ltd Overview

1st Class Student Homes Ltd is a live company located in worcestershire, B98 7ST with a Companies House number of 07411110. It operates in the other letting and operating of own or leased real estate sector, SIC Code 68209. Founded in October 2010, it's largest shareholder is louise earp with a 50% stake. 1st Class Student Homes Ltd is a established, small sized company, Pomanda has estimated its turnover at £3.8m with high growth in recent years.

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1st Class Student Homes Ltd Health Check

Pomanda's financial health check has awarded 1St Class Student Homes Ltd a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 3 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating4.5out of 5
positive_score

4 Strong

positive_score

3 Regular

positive_score

3 Weak

size

Size

annual sales of £3.8m, make it larger than the average company (£850.2k)

£3.8m - 1st Class Student Homes Ltd

£850.2k - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 22%, show it is growing at a faster rate (2.9%)

22% - 1st Class Student Homes Ltd

2.9% - Industry AVG

production

Production

with a gross margin of 73%, this company has a comparable cost of product (73%)

73% - 1st Class Student Homes Ltd

73% - Industry AVG

profitability

Profitability

an operating margin of 8.8% make it less profitable than the average company (27.1%)

8.8% - 1st Class Student Homes Ltd

27.1% - Industry AVG

employees

Employees

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

2 - 1st Class Student Homes Ltd

4 - Industry AVG

paystructure

Pay Structure

on an average salary of £31.8k, the company has an equivalent pay structure (£31.8k)

£31.8k - 1st Class Student Homes Ltd

£31.8k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £1.9m, this is more efficient (£179.2k)

£1.9m - 1st Class Student Homes Ltd

£179.2k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 48 days, this is later than average (32 days)

48 days - 1st Class Student Homes Ltd

32 days - Industry AVG

creditordays

Creditor Days

There is insufficient data available for this Key Performance Indicator!

- - 1st Class Student Homes Ltd

- - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - 1st Class Student Homes Ltd

- - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 27 weeks, this is more cash available to meet short term requirements (12 weeks)

27 weeks - 1st Class Student Homes Ltd

12 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 66%, this is a similar level of debt than the average (67.5%)

66% - 1st Class Student Homes Ltd

67.5% - Industry AVG

1ST CLASS STUDENT HOMES LTD financials

EXPORTms excel logo

1St Class Student Homes Ltd's latest turnover from October 2023 is estimated at £3.8 million and the company has net assets of £1.7 million. According to their latest financial statements, 1St Class Student Homes Ltd has 2 employees and maintains cash reserves of £44 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Oct 2023Oct 2022Oct 2021Oct 2020Oct 2019Oct 2018Oct 2017Oct 2016Oct 2015Oct 2014Oct 2013Oct 2012Oct 2011
Turnover3,846,2323,342,4382,180,1492,122,8992,636,0753,588,1063,295,3172,946,9242,480,0661,473,869633,890348,759232,059
Other Income Or Grants
Cost Of Sales1,040,352920,824650,175593,688795,785976,940858,089773,627819,223538,189217,992117,98978,239
Gross Profit2,805,8802,421,6141,529,9741,529,2111,840,2902,611,1662,437,2282,173,2971,660,844935,680415,898230,770153,820
Admin Expenses2,468,9732,080,4201,379,7441,345,6881,646,6822,490,4812,353,3252,112,7901,464,108909,690384,999213,944129,174
Operating Profit336,907341,194150,230183,523193,608120,68583,90360,507196,73625,99030,89916,82624,646
Interest Payable331,833244,697147,817114,88476,87071,86386,28649,28718,303
Interest Receivable2,9942,0787220340513105150235574
Pre-Tax Profit8,06898,5742,48568,659117,07949,335-2,27811,370178,66825,99530,90616,83024,646
Tax-2,017-18,729-472-13,045-22,245-9,374-2,274-35,733-5,459-7,108-4,039-6,408
Profit After Tax6,05179,8452,01355,61494,83439,961-2,2789,096142,93420,53623,79812,79118,238
Dividends Paid
Retained Profit6,05179,8452,01355,61494,83439,961-2,2789,096142,93420,53623,79812,79118,238
Employee Costs63,65230,50328,17327,39428,155697,765668,584549,900420,000225,15196,00073,23247,432
Number Of Employees21111262621169432
EBITDA*337,290341,194150,230183,523193,608120,68583,90360,507196,73625,99030,89916,82624,646

* Earnings Before Interest, Tax, Depreciation and Amortisation

Oct 2023Oct 2022Oct 2021Oct 2020Oct 2019Oct 2018Oct 2017Oct 2016Oct 2015Oct 2014Oct 2013Oct 2012Oct 2011
Tangible Assets4,481,4844,480,7194,480,7193,630,0003,630,0003,630,0003,047,0002,010,000657,104500,370178,558
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets4,481,4844,480,7194,480,7193,630,0003,630,0003,630,0003,047,0002,010,000657,104500,370178,558
Stock & work in progress
Trade Debtors512,393470,185421,169370,934328,096300,748261,534219,677247,895147,89765,35338,13525,137
Group Debtors59,32632,75813,23955,07133,9023,783
Misc Debtors38,22974,44668,382
Cash44,01570,038114,64429,69610,81679,94156,74326,97692,9079031,1751,796
misc current assets
total current assets615,734572,981549,052455,701411,043446,818392,723318,818340,802148,80066,52839,93125,137
total assets5,097,2185,053,7005,029,7714,085,7014,041,0434,076,8183,439,7232,328,818997,906649,170245,08639,93125,137
Bank overdraft
Bank loan
Trade Creditors 1449,513216,23453,87851,1598,8026,799
Group/Directors Accounts8408,21058,312199,317206,306505,290250,022
other short term finances382,150
hp & lease commitments
other current liabilities81,01574,85162,11773,69362,9218,7527,294
total current liabilities81,85583,061120,573282,523269,227399,836514,042257,316216,23453,87851,1598,8026,799
loans2,942,4302,956,8252,975,2291,871,2221,895,4741,747,1341,014,013563,175
hp & lease commitments
Accruals and Deferred Income
other liabilities373,387139,000
provisions341,152288,084288,084288,084288,084181,114165,979
total long term liabilities3,283,5823,244,9093,263,3132,159,3062,183,5582,183,5581,928,2481,179,992563,175373,387139,000
total liabilities3,365,4373,327,9703,383,8862,441,8292,452,7852,583,3942,442,2901,437,308779,409427,265190,1598,8026,799
net assets1,731,7811,725,7301,645,8851,643,8721,588,2581,493,424997,433891,510218,497221,90554,92731,12918,338
total shareholders funds1,731,7811,725,7301,645,8851,643,8721,588,2581,493,424997,433891,510218,497221,90554,92731,12918,338
Oct 2023Oct 2022Oct 2021Oct 2020Oct 2019Oct 2018Oct 2017Oct 2016Oct 2015Oct 2014Oct 2013Oct 2012Oct 2011
Operating Activities
Operating Profit336,907341,194150,230183,523193,608120,68583,90360,507196,73625,99030,89916,82624,646
Depreciation383
Amortisation
Tax-2,017-18,729-472-13,045-22,245-9,374-2,274-35,733-5,459-7,108-4,039-6,408
Stock
Debtors68,77668,5358,40325,77899,479-35,23244,13843,94799,99882,54427,21812,99825,137
Creditors-144-9,3699,513-216,234162,3562,71942,3572,0036,799
Accruals and Deferred Income6,16412,734-11,57610,77262,921-8,7521,4587,294
Deferred Taxes & Provisions53,068288,084-181,11415,135165,979
Cash flow from operations325,729266,520120,410164,985422,889-43,32356,358-28,675223,361-59,29438,9301,792-100
Investing Activities
capital expenditure-1,148-850,719-583,000-1,037,000-1,352,896-156,734-321,812-178,558
Change in Investments
cash flow from investments-1,148-850,719-583,000-1,037,000-1,352,896-156,734-321,812-178,558
Financing Activities
Bank loans
Group/Directors Accounts-7,370-50,102-141,005-6,989206,306-505,290255,268250,022
Other Short Term Loans -382,150382,150
Long term loans-14,395-18,4041,104,007-24,2521,895,474-1,747,134733,121450,838563,175
Hire Purchase and Lease Commitments
other long term liabilities-373,387234,387139,000
share issue456,030108,201663,917-146,342146,442100
interest-328,839-242,619-147,745-114,864-76,530-71,350-86,181-49,137-18,068574
cash flow from financing-350,604-311,125815,257-146,1051,643,100-1,485,5941,010,4091,315,64025,378380,834139,0074100
cash and cash equivalents
cash-26,023-44,60684,94818,880-69,12523,19829,767-65,93192,004-272-6211,796
overdraft
change in cash-26,023-44,60684,94818,880-69,12523,19829,767-65,93192,004-272-6211,796

1st class student homes ltd 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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1st Class Student Homes Ltd Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for 1st class student homes ltd by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other small companies, companies in B98 area or any other competitors across 12 key performance metrics.

1st class student homes ltd Ownership

1ST CLASS STUDENT HOMES LTD group structure

1St Class Student Homes Ltd has no subsidiary companies.

Ultimate parent company

1ST CLASS STUDENT HOMES LTD

07411110

1ST CLASS STUDENT HOMES LTD Shareholders

louise earp 50%
alan earp 50%

1st class student homes ltd directors

1St Class Student Homes Ltd currently has 2 directors. The longest serving directors include Mr Alan Earp (Jul 2011) and Mrs Louise Earp (Mar 2023).

officercountryagestartendrole
Mr Alan EarpUnited Kingdom52 years Jul 2011- Director
Mrs Louise EarpEngland50 years Mar 2023- Director

P&L

October 2023

turnover

3.8m

+15%

operating profit

336.9k

0%

gross margin

73%

+0.69%

turnover

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

Balance Sheet

October 2023

net assets

1.7m

0%

total assets

5.1m

+0.01%

cash

44k

-0.37%

net assets

Total assets minus all liabilities

1st class student homes ltd company details

company number

07411110

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

October 2010

age

15

incorporated

UK

ultimate parent company

None

accounts

Total Exemption Full

last accounts submitted

October 2023

previous names

hwl client001 ltd (July 2011)

accountant

HAYWARD WRIGHT LTD

auditor

-

address

4 clews road, redditch, worcestershire, B98 7ST

Bank

-

Legal Advisor

-

1st class student homes 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 found 34 charges/mortgages relating to 1st class student homes ltd. Currently there are 33 open charges and 1 have been satisfied in the past.

1st class student homes ltd 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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1st class student homes ltd Companies House Filings - See Documents

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