emeritus homes limited

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emeritus homes limited Company Information

Share EMERITUS HOMES LIMITED

Company Number

08269257

Shareholders

livingcity limited

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

10 durling street, manchester, M12 6FS

emeritus homes limited Estimated Valuation

£4.3m

Pomanda estimates the enterprise value of EMERITUS HOMES LIMITED at £4.3m based on a Turnover of £1.3m and 3.37x industry multiple (adjusted for size and gross margin).

emeritus homes limited Estimated Valuation

£8.2k

Pomanda estimates the enterprise value of EMERITUS HOMES LIMITED at £8.2k based on an EBITDA of £1.2k and a 6.58x industry multiple (adjusted for size and gross margin).

emeritus homes limited Estimated Valuation

£1.1m

Pomanda estimates the enterprise value of EMERITUS HOMES LIMITED at £1.1m based on Net Assets of £645.5k and 1.75x industry multiple (adjusted for liquidity).

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Emeritus Homes Limited Overview

Emeritus Homes Limited is a live company located in manchester, M12 6FS with a Companies House number of 08269257. It operates in the other letting and operating of own or leased real estate sector, SIC Code 68209. Founded in October 2012, it's largest shareholder is livingcity limited with a 100% stake. Emeritus Homes Limited is a established, small sized company, Pomanda has estimated its turnover at £1.3m with high growth in recent years.

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Emeritus Homes Limited Health Check

Pomanda's financial health check has awarded Emeritus Homes Limited a 4 rating. We use a traffic light system to show it exceeds the industry average on 6 measures and has 3 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating4out of 5
positive_score

6 Strong

positive_score

2 Regular

positive_score

3 Weak

size

Size

annual sales of £1.3m, make it larger than the average company (£1.1m)

£1.3m - Emeritus Homes Limited

£1.1m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 16%, show it is growing at a faster rate (3.6%)

16% - Emeritus Homes Limited

3.6% - Industry AVG

production

Production

with a gross margin of 70.8%, this company has a comparable cost of product (70.8%)

70.8% - Emeritus Homes Limited

70.8% - Industry AVG

profitability

Profitability

an operating margin of -0.6% make it less profitable than the average company (21.5%)

-0.6% - Emeritus Homes Limited

21.5% - Industry AVG

employees

Employees

with 20 employees, this is above the industry average (4)

20 - Emeritus Homes Limited

4 - Industry AVG

paystructure

Pay Structure

on an average salary of £33.1k, the company has an equivalent pay structure (£33.1k)

£33.1k - Emeritus Homes Limited

£33.1k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £63.8k, this is less efficient (£202.5k)

£63.8k - Emeritus Homes Limited

£202.5k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 6 days, this is earlier than average (33 days)

6 days - Emeritus Homes Limited

33 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 59 days, this is slower than average (34 days)

59 days - Emeritus Homes Limited

34 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Emeritus Homes Limited

- - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (10 weeks)

0 weeks - Emeritus Homes Limited

10 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 35.3%, this is a lower level of debt than the average (71.5%)

35.3% - Emeritus Homes Limited

71.5% - Industry AVG

EMERITUS HOMES LIMITED financials

EXPORTms excel logo

Emeritus Homes Limited's latest turnover from December 2023 is estimated at £1.3 million and the company has net assets of £645.5 thousand. According to their latest financial statements, Emeritus Homes Limited has 20 employees and maintains cash reserves of £5.3 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Oct 2016Oct 2015Oct 2014Oct 2013
Turnover1,276,4591,009,292842,879821,624888,991835,303721,932141,931
Other Income Or Grants
Cost Of Sales372,982296,474265,977256,988294,855263,411211,38337,295
Gross Profit903,477712,818576,902564,636594,135571,892510,548104,635
Admin Expenses911,210692,088552,641413,154410,914347,300270,850104,635
Operating Profit-7,73320,73024,261151,482183,221224,592239,698
Interest Payable6,75020,25013,000
Interest Receivable8878058134121223121
Pre-Tax Profit-6,84621,53524,342151,516176,591204,564226,819
Tax-4,092-4,625-28,788-33,552-38,867-43,096
Profit After Tax-6,84617,44319,717122,728143,039165,697183,723
Dividends Paid
Retained Profit-6,84617,44319,717122,728143,039165,697183,723
Employee Costs661,121565,139543,391540,012554,680532,172454,14726,186
Number Of Employees201818191919171
EBITDA*1,24029,70333,234160,497192,444233,815239,906

* Earnings Before Interest, Tax, Depreciation and Amortisation

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Oct 2016Oct 2015Oct 2014Oct 2013
Tangible Assets42292542
Intangible Assets780,244789,217798,190807,163816,136825,109834,082
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets780,244789,217798,190807,163816,178825,401834,624
Stock & work in progress
Trade Debtors21,78910,55410,4601,4204,1802,01410,868
Group Debtors57,934
Misc Debtors190,495148,693154,987139,099134,969129,152128,0511
Cash5,32328,48017,50746,99521,10611,11148,235
misc current assets
total current assets217,607187,727182,954187,514160,255200,211187,1541
total assets997,851976,944981,144994,677976,4331,025,6121,021,7781
Bank overdraft
Bank loan
Trade Creditors 60,47837,89131,90731,35214,4669,05010,044
Group/Directors Accounts50,00060,22075,00090,000202,800200,000201,800
other short term finances
hp & lease commitments
other current liabilities241,864226,478239,325258,130266,700267,134226,203
total current liabilities352,342324,589346,232379,482483,966476,184438,047
loans200,000400,000
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
total long term liabilities200,000400,000
total liabilities352,342324,589346,232379,482483,966676,184838,047
net assets645,509652,355634,912615,195492,467349,428183,7311
total shareholders funds645,509652,355634,912615,195492,467349,428183,7311
Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Oct 2016Oct 2015Oct 2014Oct 2013
Operating Activities
Operating Profit-7,73320,73024,261151,482183,221224,592239,698
Depreciation42250250208
Amortisation8,9738,9738,9738,9738,9738,973
Tax-4,092-4,625-28,788-33,552-38,867-43,096
Stock
Debtors53,037-6,20024,9281,370-49,95150,181138,9181
Creditors22,5875,98455516,8865,416-99410,044
Accruals and Deferred Income15,386-12,847-18,805-8,570-43440,931226,203
Deferred Taxes & Provisions
Cash flow from operations-13,82424,948-14,569138,655213,825184,704294,139-1
Investing Activities
capital expenditure-834,832
Change in Investments
cash flow from investments-834,832
Financing Activities
Bank loans
Group/Directors Accounts-10,220-14,780-15,000-112,8002,800-1,800201,800
Other Short Term Loans
Long term loans-200,000-200,000400,000
Hire Purchase and Lease Commitments
other long term liabilities
share issue71
interest8878058134-6,629-20,027-12,879
cash flow from financing-9,333-13,975-14,919-112,766-203,829-221,827588,9281
cash and cash equivalents
cash-23,15710,973-29,48825,8899,995-37,12448,235
overdraft
change in cash-23,15710,973-29,48825,8899,995-37,12448,235

emeritus homes 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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Emeritus Homes Limited Competitor Analysis

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Perform a competitor analysis for emeritus homes limited by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other small companies, companies in M12 area or any other competitors across 12 key performance metrics.

emeritus homes limited Ownership

EMERITUS HOMES LIMITED group structure

Emeritus Homes Limited has no subsidiary companies.

Ultimate parent company

1 parent

EMERITUS HOMES LIMITED

08269257

EMERITUS HOMES LIMITED Shareholders

livingcity limited 100%

emeritus homes limited directors

Emeritus Homes Limited currently has 2 directors. The longest serving directors include Mr Paul Smith (Jan 2017) and Mr Mark Gallimore (Jan 2017).

officercountryagestartendrole
Mr Paul Smith47 years Jan 2017- Director
Mr Mark GallimoreUnited Kingdom66 years Jan 2017- Director

P&L

December 2023

turnover

1.3m

+26%

operating profit

-7.7k

0%

gross margin

70.8%

+0.22%

turnover

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

Balance Sheet

December 2023

net assets

645.5k

-0.01%

total assets

997.9k

+0.02%

cash

5.3k

-0.81%

net assets

Total assets minus all liabilities

emeritus homes limited company details

company number

08269257

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 2012

age

13

incorporated

UK

ultimate parent company

accounts

Total Exemption Full

last accounts submitted

December 2023

previous names

pgl (115) limited (November 2016)

accountant

CROWE U.K. LLP

auditor

-

address

10 durling street, manchester, M12 6FS

Bank

-

Legal Advisor

-

emeritus homes 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 emeritus homes limited.

emeritus homes 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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emeritus homes limited Companies House Filings - See Documents

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