smith homes limited

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smith homes limited Company Information

Share SMITH HOMES LIMITED

Company Number

08456269

Directors

Carly Smith

Shareholders

carly smith

Group Structure

View All

Industry

Development of building projects

 

Registered Address

12 west street, ware, hertfordshire, SG12 9EE

smith homes limited Estimated Valuation

£216.5k

Pomanda estimates the enterprise value of SMITH HOMES LIMITED at £216.5k based on a Turnover of £664.1k and 0.33x industry multiple (adjusted for size and gross margin).

smith homes limited Estimated Valuation

£83.2k

Pomanda estimates the enterprise value of SMITH HOMES LIMITED at £83.2k based on an EBITDA of £33.5k and a 2.49x industry multiple (adjusted for size and gross margin).

smith homes limited Estimated Valuation

£395.4k

Pomanda estimates the enterprise value of SMITH HOMES LIMITED at £395.4k based on Net Assets of £285.3k and 1.39x industry multiple (adjusted for liquidity).

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Smith Homes Limited Overview

Smith Homes Limited is a live company located in hertfordshire, SG12 9EE with a Companies House number of 08456269. It operates in the development of building projects sector, SIC Code 41100. Founded in March 2013, it's largest shareholder is carly smith with a 100% stake. Smith Homes Limited is a established, small sized company, Pomanda has estimated its turnover at £664.1k with declining growth in recent years.

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Smith Homes Limited Health Check

Pomanda's financial health check has awarded Smith Homes Limited a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 7 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating1.5out of 5
positive_score

1 Strong

positive_score

2 Regular

positive_score

7 Weak

size

Size

annual sales of £664.1k, make it smaller than the average company (£2.3m)

£664.1k - Smith Homes Limited

£2.3m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -11%, show it is growing at a slower rate (6%)

-11% - Smith Homes Limited

6% - Industry AVG

production

Production

with a gross margin of 9.1%, this company has a higher cost of product (26.2%)

9.1% - Smith Homes Limited

26.2% - Industry AVG

profitability

Profitability

an operating margin of 5% make it less profitable than the average company (7.5%)

5% - Smith Homes Limited

7.5% - Industry AVG

employees

Employees

with 1 employees, this is below the industry average (6)

1 - Smith Homes Limited

6 - Industry AVG

paystructure

Pay Structure

on an average salary of £48.3k, the company has an equivalent pay structure (£48.3k)

£48.3k - Smith Homes Limited

£48.3k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £664.1k, this is more efficient (£278.4k)

£664.1k - Smith Homes Limited

£278.4k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 156 days, this is later than average (27 days)

156 days - Smith Homes Limited

27 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 32 days, this is close to average (31 days)

32 days - Smith Homes Limited

31 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Smith Homes Limited

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - Smith Homes Limited

- - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 83.1%, this is a higher level of debt than the average (73.8%)

83.1% - Smith Homes Limited

73.8% - Industry AVG

SMITH HOMES LIMITED financials

EXPORTms excel logo

Smith Homes Limited's latest turnover from March 2024 is estimated at £664.1 thousand and the company has net assets of £285.3 thousand. According to their latest financial statements, Smith Homes Limited has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014
Turnover664,143582,699503,963957,732206,645229,029185,353157,88861,53539,6081,396,543
Other Income Or Grants
Cost Of Sales603,791528,039459,948872,377185,559204,817165,156139,45754,74635,2781,243,528
Gross Profit60,35254,66044,01585,35521,08524,21320,19718,4316,7894,331153,015
Admin Expenses26,88812,972121,190105,078144,510-20,943-41,528-583,616-25,95488,651216,749
Operating Profit33,46441,688-77,175-19,723-123,42545,15661,725602,04732,743-84,320-63,734
Interest Payable
Interest Receivable1699173106
Pre-Tax Profit33,46441,688-77,175-19,723-123,42545,15661,725602,06332,841-84,147-63,628
Tax-8,366-7,921-8,580-11,728-120,412-6,568
Profit After Tax25,09833,767-77,175-19,723-123,42536,57649,997481,65026,273-84,147-63,628
Dividends Paid
Retained Profit25,09833,767-77,175-19,723-123,42536,57649,997481,65026,273-84,147-63,628
Employee Costs48,27645,94744,45386,54443,42142,50642,16841,36440,02438,216110,053
Number Of Employees11121111113
EBITDA*33,46441,688-77,175-19,723-123,42545,15661,725602,04732,743-84,320-63,734

* Earnings Before Interest, Tax, Depreciation and Amortisation

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014
Tangible Assets1,400,0001,400,0001,400,0001,400,0001,400,0001,400,0001,400,0001,400,0001,400,0001,400,000578,614
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets1,400,0001,400,0001,400,0001,400,0001,400,0001,400,0001,400,0001,400,0001,400,0001,400,000578,614
Stock & work in progress5,0005,000
Trade Debtors284,240263,934218,146230,03851,01970,88358,38454,840
Group Debtors
Misc Debtors13,00013,000
Cash12,64526,83042,540
misc current assets13,00013,000
total current assets284,240263,934218,146243,03864,01983,88371,38454,84017,64531,83042,540
total assets1,684,2401,663,9341,618,1461,643,0381,464,0191,483,8831,471,3841,454,8401,417,6451,431,830621,154
Bank overdraft
Bank loan
Trade Creditors 53,36549,99256,801209,44837,96725,62717,0484,22726,62016,620407,317
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
total current liabilities53,36549,99256,801209,44837,96725,62717,0484,22726,62016,620407,317
loans
hp & lease commitments
Accruals and Deferred Income1,4912,1321,7645,6042,9435,2022,8582,812
other liabilities1,344,1211,351,6451,333,1831,124,4131,099,8131,006,3331,041,3331,087,6531,052,6731,103,131277,464
provisions
total long term liabilities1,345,6121,353,7771,334,9471,130,0171,102,7561,011,5351,044,1911,090,4651,052,6731,103,131277,464
total liabilities1,398,9771,403,7691,391,7481,339,4651,140,7231,037,1621,061,2391,094,6921,079,2931,119,751684,781
net assets285,263260,165226,398303,573323,296446,721410,145360,148338,352312,079-63,627
total shareholders funds285,263260,165226,398303,573323,296446,721410,145360,148338,352312,079-63,627
Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014
Operating Activities
Operating Profit33,46441,688-77,175-19,723-123,42545,15661,725602,04732,743-84,320-63,734
Depreciation
Amortisation
Tax-8,366-7,921-8,580-11,728-120,412-6,568
Stock-5,0005,000
Debtors20,30645,788-24,892179,019-6,86412,4993,54454,840
Creditors3,373-6,809-152,647171,48112,3408,57912,821-22,39310,000-390,697407,317
Accruals and Deferred Income-641368-3,8402,661-2,2592,344462,812
Deferred Taxes & Provisions
Cash flow from operations7,524-18,462-208,770-24,600-106,48035,00059,320412,21436,175-480,017343,583
Investing Activities
capital expenditure-821,386-578,614
Change in Investments
cash flow from investments-821,386-578,614
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities-7,52418,462208,77024,60093,480-35,000-46,32034,980-50,458825,667277,464
share issue-459,854459,8531
interest1699173106
cash flow from financing-7,52418,462208,77024,60093,480-35,000-46,320-424,858-50,3591,285,693277,571
cash and cash equivalents
cash-12,645-14,185-15,71042,540
overdraft
change in cash-12,645-14,185-15,71042,540

smith 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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Smith Homes Limited Competitor Analysis

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Perform a competitor analysis for smith homes limited by selecting its closest rivals, whether from the CONSTRUCTION sector, other small companies, companies in SG12 area or any other competitors across 12 key performance metrics.

smith homes limited Ownership

SMITH HOMES LIMITED group structure

Smith Homes Limited has no subsidiary companies.

Ultimate parent company

SMITH HOMES LIMITED

08456269

SMITH HOMES LIMITED Shareholders

carly smith 100%

smith homes limited directors

Smith Homes Limited currently has 1 director, Miss Carly Smith serving since Mar 2013.

officercountryagestartendrole
Miss Carly SmithEngland38 years Mar 2013- Director

P&L

March 2024

turnover

664.1k

+14%

operating profit

33.5k

0%

gross margin

9.1%

-3.13%

turnover

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

Balance Sheet

March 2024

net assets

285.3k

+0.1%

total assets

1.7m

+0.01%

cash

0

0%

net assets

Total assets minus all liabilities

smith homes limited company details

company number

08456269

Type

Private limited with Share Capital

industry

41100 - Development of building projects

incorporation date

March 2013

age

12

incorporated

UK

ultimate parent company

None

accounts

Micro-Entity Accounts

last accounts submitted

March 2024

previous names

N/A

accountant

-

auditor

-

address

12 west street, ware, hertfordshire, SG12 9EE

Bank

-

Legal Advisor

-

smith 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 smith homes limited.

smith 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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smith homes limited Companies House Filings - See Documents

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