priestley homes limited
priestley homes limited Company Information
Company Number
08281613
Registered Address
2nd floor offices, marygate hous, 2 marygate, wakefield, WF1 1NX
Industry
Development of building projects
Telephone
01132224537
Next Accounts Due
September 2024
Group Structure
View All
Directors
Derry McCulloch7 Years
Shareholders
priestley homes (holdings) limited 100%
priestley homes limited Estimated Valuation
The estimated valuation range for priestley homes limited, derived from financial data as of December 2022 and the most recent industry multiples, is between £677.3k to £3.2m
priestley homes limited Estimated Valuation
The estimated valuation range for priestley homes limited, derived from financial data as of December 2022 and the most recent industry multiples, is between £677.3k to £3.2m
priestley homes limited Estimated Valuation
The estimated valuation range for priestley homes limited, derived from financial data as of December 2022 and the most recent industry multiples, is between £677.3k to £3.2m
Get a detailed valuation report, edit figures and unlock valuation multiples.
Priestley Homes Limited AI Business Plan
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Priestley Homes Limited Overview
Priestley Homes Limited is a live company located in wakefield, WF1 1NX with a Companies House number of 08281613. It operates in the development of building projects sector, SIC Code 41100. Founded in November 2012, it's largest shareholder is priestley homes (holdings) limited with a 100% stake. Priestley Homes Limited is a established, mid sized company, Pomanda has estimated its turnover at £5.5m with healthy growth in recent years.
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Priestley Homes Limited Health Check
Pomanda's financial health check has awarded Priestley Homes Limited a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 6 measures and has 5 areas for improvement. Company Health Check FAQs
6 Strong
1 Regular
5 Weak
Size
annual sales of £5.5m, make it larger than the average company (£2.3m)
- Priestley Homes Limited
£2.3m - Industry AVG
Growth
3 year (CAGR) sales growth of 10%, show it is growing at a faster rate (1.7%)
- Priestley Homes Limited
1.7% - Industry AVG
Production
with a gross margin of 9.5%, this company has a higher cost of product (25.9%)
- Priestley Homes Limited
25.9% - Industry AVG
Profitability
an operating margin of 4.4% make it less profitable than the average company (9.6%)
- Priestley Homes Limited
9.6% - Industry AVG
Employees
with 1 employees, this is below the industry average (6)
1 - Priestley Homes Limited
6 - Industry AVG
Pay Structure
on an average salary of £48.1k, the company has an equivalent pay structure (£48.1k)
- Priestley Homes Limited
£48.1k - Industry AVG
Efficiency
resulting in sales per employee of £5.5m, this is more efficient (£287.6k)
- Priestley Homes Limited
£287.6k - Industry AVG
Debtor Days
it gets paid by customers after 101 days, this is later than average (30 days)
- Priestley Homes Limited
30 days - Industry AVG
Creditor Days
its suppliers are paid after 177 days, this is slower than average (30 days)
- Priestley Homes Limited
30 days - Industry AVG
Stock Days
it holds stock equivalent to 32 days, this is less than average (167 days)
- Priestley Homes Limited
167 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 1 weeks, this is less cash available to meet short term requirements (13 weeks)
1 weeks - Priestley Homes Limited
13 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 57.8%, this is a lower level of debt than the average (75.1%)
57.8% - Priestley Homes Limited
75.1% - Industry AVG
priestley homes limited Credit Report and Business Information
Priestley Homes Limited Competitor Analysis
Perform a competitor analysis for priestley homes limited by selecting its closest rivals and benchmarking them against 12 key performance metrics.
priestley homes limited Ownership
PRIESTLEY HOMES LIMITED group structure
Priestley Homes Limited has 2 subsidiary companies.
Ultimate parent company
2 parents
PRIESTLEY HOMES LIMITED
08281613
2 subsidiaries
priestley homes limited directors
Priestley Homes Limited currently has 1 director, Ms Derry McCulloch serving since Jan 2017.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Ms Derry McCulloch | England | 61 years | Jan 2017 | - | Director |
PRIESTLEY HOMES LIMITED financials
Priestley Homes Limited's latest turnover from December 2022 is estimated at £5.5 million and the company has net assets of £2.4 million. According to their latest financial statements, Priestley Homes Limited has 1 employee and maintains cash reserves of £70.2 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2022 | Dec 2021 | Nov 2020 | Nov 2019 | Nov 2018 | Nov 2017 | Nov 2016 | Nov 2015 | Nov 2014 | Nov 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 1,688,978 | 2,347,714 | 2,895,010 | 2,441,435 | ||||||
| Other Income Or Grants | 0 | 0 | 0 | 0 | ||||||
| Cost Of Sales | 712,027 | 1,781,615 | 2,396,097 | 2,094,457 | ||||||
| Gross Profit | 976,951 | 566,099 | 498,913 | 346,978 | ||||||
| Admin Expenses | 416,364 | 287,842 | 265,840 | 156,019 | ||||||
| Operating Profit | 560,587 | 278,257 | 233,073 | 190,959 | ||||||
| Interest Payable | 546,443 | 82,799 | 103,220 | 0 | ||||||
| Interest Receivable | 0 | 0 | 0 | 0 | ||||||
| Pre-Tax Profit | 14,144 | 195,458 | 129,853 | 190,959 | ||||||
| Tax | -4,657 | -36,212 | -28,952 | -38,809 | ||||||
| Profit After Tax | 9,487 | 159,246 | 100,901 | 152,150 | ||||||
| Dividends Paid | 0 | 0 | 0 | 61,261 | ||||||
| Retained Profit | 9,487 | 159,246 | 100,901 | 90,889 | ||||||
| Employee Costs | 37,849 | |||||||||
| Number Of Employees | 1 | 1 | 1 | 5 | ||||||
| EBITDA* | 569,101 | 284,492 | 236,493 | 194,044 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2022 | Dec 2021 | Nov 2020 | Nov 2019 | Nov 2018 | Nov 2017 | Nov 2016 | Nov 2015 | Nov 2014 | Nov 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 50,469 | 47,261 | 62,164 | 3,690,795 | 34,058 | 18,706 | 10,263 | 9,255 | 750 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 3,658,941 | 3,658,941 | 3,658,941 | 0 | 3,662,225 | 3,658,941 | 3,658,941 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 3,709,410 | 3,706,202 | 3,721,105 | 3,690,795 | 3,696,283 | 3,677,647 | 3,669,204 | 9,255 | 750 | 0 |
| Stock & work in progress | 441,506 | 471,506 | 471,506 | 0 | 0 | 1,164,551 | 966,771 | 1,075,410 | 175,625 | 0 |
| Trade Debtors | 1,523,231 | 339,358 | 348,214 | 1,672,177 | 36,440 | 636,862 | 6,899 | 1,404 | 65,825 | 60,772 |
| Group Debtors | 0 | 0 | 0 | 0 | 3,515,178 | 1,842,287 | 474,298 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 68,464 | 904,810 | 0 | 0 |
| Cash | 70,194 | 19,400 | 60,013 | 0 | 46,361 | 40,031 | 105,551 | 84,873 | 243,975 | 375,916 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 84,118 | 0 | 0 |
| total current assets | 2,034,931 | 830,264 | 879,733 | 1,672,177 | 3,597,979 | 3,683,731 | 1,621,983 | 2,150,615 | 485,425 | 436,688 |
| total assets | 5,744,341 | 4,536,466 | 4,600,838 | 5,362,972 | 7,294,262 | 7,361,378 | 5,291,187 | 2,159,870 | 486,175 | 436,688 |
| Bank overdraft | 0 | 0 | 0 | 0 | 989,277 | 1,200,000 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 2,399,223 | 1,565,276 | 1,229,301 | 515,642 | 159,635 | 150,095 | 179,847 | 829,321 | 263,327 | 303,073 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 1,599,597 | 383,800 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 0 | 0 | 0 | 0 | 87,951 | 314,828 | 67,761 | 38,809 | 0 | 0 |
| total current liabilities | 2,399,223 | 1,565,276 | 1,229,301 | 515,642 | 2,836,460 | 2,048,723 | 247,608 | 868,130 | 263,327 | 303,073 |
| loans | 0 | 0 | 0 | 0 | 422,840 | 1,149,830 | 1,040,000 | 1,048,003 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 922,581 | 742,417 | 755,900 | 809,747 | 0 | 0 | 0 | 0 | 70,000 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 922,581 | 742,417 | 755,900 | 809,747 | 422,840 | 1,149,830 | 1,040,000 | 1,048,003 | 70,000 | 0 |
| total liabilities | 3,321,804 | 2,307,693 | 1,985,201 | 1,325,389 | 3,259,300 | 3,198,553 | 1,287,608 | 1,916,133 | 333,327 | 303,073 |
| net assets | 2,422,537 | 2,228,773 | 2,615,637 | 4,037,583 | 4,034,962 | 4,162,825 | 4,003,579 | 243,737 | 152,848 | 133,615 |
| total shareholders funds | 2,422,537 | 2,228,773 | 2,615,637 | 4,037,583 | 4,034,962 | 4,162,825 | 4,003,579 | 243,737 | 152,848 | 133,615 |
| Dec 2022 | Dec 2021 | Nov 2020 | Nov 2019 | Nov 2018 | Nov 2017 | Nov 2016 | Nov 2015 | Nov 2014 | Nov 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||
| Operating Profit | 560,587 | 278,257 | 233,073 | 190,959 | ||||||
| Depreciation | 12,617 | 8,514 | 6,235 | 3,420 | 3,085 | 250 | 0 | |||
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||
| Tax | -4,657 | -36,212 | -28,952 | -38,809 | ||||||
| Stock | -30,000 | 0 | 471,506 | 0 | -1,164,551 | 197,780 | -108,639 | 899,785 | 175,625 | 0 |
| Debtors | 1,183,873 | -8,856 | -1,323,963 | -1,879,441 | 1,072,469 | 1,929,488 | -356,553 | 840,389 | 5,053 | 60,772 |
| Creditors | 833,947 | 335,975 | 713,659 | 356,007 | 9,540 | -29,752 | -649,474 | 565,994 | -39,746 | 303,073 |
| Accruals and Deferred Income | 0 | 0 | 0 | -87,951 | -226,877 | 247,067 | 28,952 | 38,809 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | 439,189 | -1,661,673 | 52,211 | -980,136 | ||||||
| Investing Activities | ||||||||||
| capital expenditure | ||||||||||
| Change in Investments | 0 | 0 | 3,658,941 | -3,662,225 | 3,284 | 0 | 3,658,941 | 0 | 0 | 0 |
| cash flow from investments | ||||||||||
| Financing Activities | ||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | -1,599,597 | 1,215,797 | 383,800 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | -422,840 | -726,990 | 109,830 | -8,003 | 1,048,003 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 180,164 | -13,483 | -53,847 | 809,747 | 0 | 0 | 0 | -70,000 | 70,000 | 0 |
| share issue | ||||||||||
| interest | -546,443 | -82,799 | -103,220 | 0 | ||||||
| cash flow from financing | -194,986 | 410,831 | 3,547,718 | 978,003 | ||||||
| cash and cash equivalents | ||||||||||
| cash | 50,794 | -40,613 | 60,013 | -46,361 | 6,330 | -65,520 | 20,678 | -159,102 | -131,941 | 375,916 |
| overdraft | 0 | 0 | 0 | -989,277 | -210,723 | 1,200,000 | 0 | 0 | 0 | 0 |
| change in cash | 50,794 | -40,613 | 60,013 | 942,916 | 217,053 | -1,265,520 | 20,678 | -159,102 | -131,941 | 375,916 |
P&L
December 2022turnover
5.5m
+109%
operating profit
237.6k
0%
gross margin
9.6%
+8.81%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2022net assets
2.4m
+0.09%
total assets
5.7m
+0.27%
cash
70.2k
+2.62%
net assets
Total assets minus all liabilities
Similar Companies
priestley homes limited company details
company number
08281613
Type
Private limited with Share Capital
industry
41100 - Development of building projects
incorporation date
November 2012
age
12
accounts
Unaudited Abridged
ultimate parent company
previous names
N/A
incorporated
UK
address
2nd floor offices, marygate hous, 2 marygate, wakefield, WF1 1NX
last accounts submitted
December 2022
priestley 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 found 13 charges/mortgages relating to priestley homes limited. Currently there are 2 open charges and 11 have been satisfied in the past.
priestley homes limited Companies House Filings - See Documents
| date | description | view/download |
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