first step homes (wessex) limited
first step homes (wessex) limited Company Information
Company Number
08042523
Next Accounts
Jan 2026
Shareholders
trevor norman chastney
walter louis broadbent
Group Structure
View All
Industry
Construction of domestic buildings
Registered Address
30 whiteladies road, clifton, bristol, BS8 2LG
Website
www.firststephomes.co.ukfirst step homes (wessex) limited Estimated Valuation
Pomanda estimates the enterprise value of FIRST STEP HOMES (WESSEX) LIMITED at £30.1k based on a Turnover of £83.1k and 0.36x industry multiple (adjusted for size and gross margin).
first step homes (wessex) limited Estimated Valuation
Pomanda estimates the enterprise value of FIRST STEP HOMES (WESSEX) LIMITED at £17.9k based on an EBITDA of £5.5k and a 3.26x industry multiple (adjusted for size and gross margin).
first step homes (wessex) limited Estimated Valuation
Pomanda estimates the enterprise value of FIRST STEP HOMES (WESSEX) LIMITED at £470.8k based on Net Assets of £351.1k and 1.34x industry multiple (adjusted for liquidity).
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First Step Homes (wessex) Limited Overview
First Step Homes (wessex) Limited is a live company located in bristol, BS8 2LG with a Companies House number of 08042523. It operates in the construction of domestic buildings sector, SIC Code 41202. Founded in April 2012, it's largest shareholder is trevor norman chastney with a 53.8% stake. First Step Homes (wessex) Limited is a established, micro sized company, Pomanda has estimated its turnover at £83.1k with declining growth in recent years.
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First Step Homes (wessex) Limited Health Check
Pomanda's financial health check has awarded First Step Homes (Wessex) Limited a 4 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
3 Strong
2 Regular
6 Weak
Size
annual sales of £83.1k, make it smaller than the average company (£387.5k)
- First Step Homes (wessex) Limited
£387.5k - Industry AVG
Growth
3 year (CAGR) sales growth of -3%, show it is growing at a slower rate (10%)
- First Step Homes (wessex) Limited
10% - Industry AVG
Production
with a gross margin of 20.9%, this company has a comparable cost of product (20.9%)
- First Step Homes (wessex) Limited
20.9% - Industry AVG
Profitability
an operating margin of 6.6% make it more profitable than the average company (4.8%)
- First Step Homes (wessex) Limited
4.8% - Industry AVG
Employees
with 1 employees, this is below the industry average (3)
- First Step Homes (wessex) Limited
3 - Industry AVG
Pay Structure
on an average salary of £41.1k, the company has an equivalent pay structure (£41.1k)
- First Step Homes (wessex) Limited
£41.1k - Industry AVG
Efficiency
resulting in sales per employee of £83.1k, this is less efficient (£177.5k)
- First Step Homes (wessex) Limited
£177.5k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- First Step Homes (wessex) Limited
- - Industry AVG
Creditor Days
its suppliers are paid after 0 days, this is quicker than average (30 days)
- First Step Homes (wessex) Limited
30 days - Industry AVG
Stock Days
it holds stock equivalent to 1528 days, this is more than average (277 days)
- First Step Homes (wessex) Limited
277 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 490 weeks, this is more cash available to meet short term requirements (13 weeks)
490 weeks - First Step Homes (wessex) Limited
13 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 1%, this is a lower level of debt than the average (70.3%)
1% - First Step Homes (wessex) Limited
70.3% - Industry AVG
FIRST STEP HOMES (WESSEX) LIMITED financials
First Step Homes (Wessex) Limited's latest turnover from April 2024 is estimated at £83.1 thousand and the company has net assets of £351.1 thousand. According to their latest financial statements, we estimate that First Step Homes (Wessex) Limited has 1 employee and maintains cash reserves of £32.3 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Apr 2024 | Apr 2023 | Apr 2022 | Apr 2021 | Apr 2020 | Apr 2019 | Apr 2018 | Apr 2017 | Apr 2016 | Apr 2015 | Apr 2014 | Apr 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | ||||||||||||
| Other Income Or Grants | ||||||||||||
| Cost Of Sales | ||||||||||||
| Gross Profit | ||||||||||||
| Admin Expenses | ||||||||||||
| Operating Profit | ||||||||||||
| Interest Payable | ||||||||||||
| Interest Receivable | ||||||||||||
| Pre-Tax Profit | ||||||||||||
| Tax | ||||||||||||
| Profit After Tax | ||||||||||||
| Dividends Paid | ||||||||||||
| Retained Profit | ||||||||||||
| Employee Costs | ||||||||||||
| Number Of Employees | ||||||||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Apr 2024 | Apr 2023 | Apr 2022 | Apr 2021 | Apr 2020 | Apr 2019 | Apr 2018 | Apr 2017 | Apr 2016 | Apr 2015 | Apr 2014 | Apr 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | ||||||||||||
| Intangible Assets | ||||||||||||
| Investments & Other | ||||||||||||
| Debtors (Due After 1 year) | 46,705 | 48,546 | 48,351 | 36,569 | 7,895 | 153,984 | 151,483 | |||||
| Total Fixed Assets | 46,705 | 48,546 | 48,351 | 36,569 | 7,895 | 153,984 | 151,483 | |||||
| Stock & work in progress | 275,000 | 261,885 | 261,885 | 260,715 | 254,684 | 247,366 | 265,000 | 72,331 | 44,702 | 81,384 | 666,094 | 136,445 |
| Trade Debtors | 150,832 | 33,297 | 14,743 | |||||||||
| Group Debtors | ||||||||||||
| Misc Debtors | 483 | 258 | 260 | 363 | 152,013 | 5,057 | 5,760 | 146,213 | 155,938 | |||
| Cash | 32,344 | 38,326 | 40,007 | 43,246 | 52,844 | 69,137 | 72,089 | 310,166 | 380,895 | 488,267 | 83,144 | |
| misc current assets | ||||||||||||
| total current assets | 307,827 | 300,469 | 302,152 | 304,324 | 459,541 | 321,560 | 342,849 | 528,710 | 581,535 | 720,483 | 782,535 | 151,188 |
| total assets | 354,532 | 349,015 | 350,503 | 340,893 | 467,436 | 475,544 | 494,332 | 528,710 | 581,535 | 720,483 | 782,535 | 151,188 |
| Bank overdraft | ||||||||||||
| Bank loan | ||||||||||||
| Trade Creditors | 74 | 1,578 | 2,628 | 670 | 121 | 11,394 | 194,853 | 876,208 | 200,171 | |||
| Group/Directors Accounts | ||||||||||||
| other short term finances | ||||||||||||
| hp & lease commitments | ||||||||||||
| other current liabilities | 3,352 | 3,432 | 4,187 | 3,846 | 7,062 | 3,593 | 9,500 | 17,410 | 78,552 | |||
| total current liabilities | 3,426 | 3,432 | 4,187 | 5,424 | 9,690 | 3,593 | 10,170 | 17,531 | 89,946 | 194,853 | 876,208 | 200,171 |
| loans | ||||||||||||
| hp & lease commitments | ||||||||||||
| Accruals and Deferred Income | ||||||||||||
| other liabilities | ||||||||||||
| provisions | ||||||||||||
| total long term liabilities | ||||||||||||
| total liabilities | 3,426 | 3,432 | 4,187 | 5,424 | 9,690 | 3,593 | 10,170 | 17,531 | 89,946 | 194,853 | 876,208 | 200,171 |
| net assets | 351,106 | 345,583 | 346,316 | 335,469 | 457,746 | 471,951 | 484,162 | 511,179 | 491,589 | 525,630 | -93,673 | -48,983 |
| total shareholders funds | 351,106 | 345,583 | 346,316 | 335,469 | 457,746 | 471,951 | 484,162 | 511,179 | 491,589 | 525,630 | -93,673 | -48,983 |
| Apr 2024 | Apr 2023 | Apr 2022 | Apr 2021 | Apr 2020 | Apr 2019 | Apr 2018 | Apr 2017 | Apr 2016 | Apr 2015 | Apr 2014 | Apr 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||
| Operating Profit | ||||||||||||
| Depreciation | ||||||||||||
| Amortisation | ||||||||||||
| Tax | ||||||||||||
| Stock | 13,115 | 1,170 | 6,031 | 7,318 | -17,634 | 192,669 | 27,629 | -36,682 | -584,710 | 529,649 | 136,445 | |
| Debtors | -1,616 | 193 | 11,679 | -122,976 | 867 | 1,798 | 11,030 | -9,725 | 5,106 | 117,535 | 18,554 | 14,743 |
| Creditors | 74 | -1,578 | -1,050 | 2,628 | -670 | 549 | -11,273 | -183,459 | -681,355 | 676,037 | 200,171 | |
| Accruals and Deferred Income | -80 | -755 | 341 | -3,216 | 3,469 | -5,907 | -7,910 | -61,142 | 78,552 | |||
| Deferred Taxes & Provisions | ||||||||||||
| Cash flow from operations | ||||||||||||
| 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 issue | ||||||||||||
| interest | ||||||||||||
| cash flow from financing | ||||||||||||
| cash and cash equivalents | ||||||||||||
| cash | -5,982 | -1,681 | -3,239 | -9,598 | -16,293 | -2,952 | -238,077 | -70,729 | -107,372 | 405,123 | 83,144 | |
| overdraft | ||||||||||||
| change in cash | -5,982 | -1,681 | -3,239 | -9,598 | -16,293 | -2,952 | -238,077 | -70,729 | -107,372 | 405,123 | 83,144 |
first step homes (wessex) limited Credit Report and Business Information
First Step Homes (wessex) Limited Competitor Analysis
Perform a competitor analysis for first step homes (wessex) limited by selecting its closest rivals, whether from the CONSTRUCTION sector, other micro companies, companies in BS8 area or any other competitors across 12 key performance metrics.
first step homes (wessex) limited Ownership
FIRST STEP HOMES (WESSEX) LIMITED group structure
First Step Homes (Wessex) Limited has no subsidiary companies.
Ultimate parent company
FIRST STEP HOMES (WESSEX) LIMITED
08042523
first step homes (wessex) limited directors
First Step Homes (Wessex) Limited currently has 2 directors. The longest serving directors include Mr Walter Broadbent (Apr 2012) and Mr Trevor Chastney (Sep 2013).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Walter Broadbent | 62 years | Apr 2012 | - | Director | |
| Mr Trevor Chastney | England | 71 years | Sep 2013 | - | Director |
P&L
April 2024turnover
83.1k
-72%
operating profit
5.5k
0%
gross margin
21%
+0.98%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
April 2024net assets
351.1k
+0.02%
total assets
354.5k
+0.02%
cash
32.3k
-0.16%
net assets
Total assets minus all liabilities
first step homes (wessex) limited company details
company number
08042523
Type
Private limited with Share Capital
industry
41202 - Construction of domestic buildings
incorporation date
April 2012
age
13
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
April 2024
previous names
N/A
accountant
GORDON WOOD SCOTT & PARTNERS LIMITED
auditor
-
address
30 whiteladies road, clifton, bristol, BS8 2LG
Bank
-
Legal Advisor
-
first step homes (wessex) 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 first step homes (wessex) limited.
first step homes (wessex) 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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first step homes (wessex) limited Companies House Filings - See Documents
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