angel homes (durham) limited
angel homes (durham) limited Company Information
Company Number
08542558
Next Accounts
7 days late
Industry
Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.
Directors
Shareholders
andrew john ward
Group Structure
View All
Contact
Registered Address
durham workspace abbey road, pity me, durham, DH1 5JZ
Website
-angel homes (durham) limited Estimated Valuation
Pomanda estimates the enterprise value of ANGEL HOMES (DURHAM) LIMITED at £223.4k based on a Turnover of £64.2k and 3.48x industry multiple (adjusted for size and gross margin).
angel homes (durham) limited Estimated Valuation
Pomanda estimates the enterprise value of ANGEL HOMES (DURHAM) LIMITED at £4.5m based on an EBITDA of £629.2k and a 7.17x industry multiple (adjusted for size and gross margin).
angel homes (durham) limited Estimated Valuation
Pomanda estimates the enterprise value of ANGEL HOMES (DURHAM) LIMITED at £20m based on Net Assets of £11.5m and 1.74x industry multiple (adjusted for liquidity).
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Angel Homes (durham) Limited Overview
Angel Homes (durham) Limited is a live company located in durham, DH1 5JZ with a Companies House number of 08542558. It operates in the other letting and operating of own or leased real estate sector, SIC Code 68209. Founded in May 2013, it's largest shareholder is andrew john ward with a 100% stake. Angel Homes (durham) Limited is a established, micro sized company, Pomanda has estimated its turnover at £64.2k with declining growth in recent years.
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Angel Homes (durham) Limited Health Check
Pomanda's financial health check has awarded Angel Homes (Durham) Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 5 areas for improvement. Company Health Check FAQs
3 Strong
2 Regular
5 Weak
Size
annual sales of £64.2k, make it smaller than the average company (£802.9k)
- Angel Homes (durham) Limited
£802.9k - Industry AVG
Growth
3 year (CAGR) sales growth of -89%, show it is growing at a slower rate (1.9%)
- Angel Homes (durham) Limited
1.9% - Industry AVG
Production
with a gross margin of 74.8%, this company has a comparable cost of product (74.8%)
- Angel Homes (durham) Limited
74.8% - Industry AVG
Profitability
an operating margin of 974.5% make it more profitable than the average company (36.6%)
- Angel Homes (durham) Limited
36.6% - Industry AVG
Employees
with 1 employees, this is below the industry average (4)
1 - Angel Homes (durham) Limited
4 - Industry AVG
Pay Structure
on an average salary of £30.4k, the company has an equivalent pay structure (£30.4k)
- Angel Homes (durham) Limited
£30.4k - Industry AVG
Efficiency
resulting in sales per employee of £64.2k, this is less efficient (£169.1k)
- Angel Homes (durham) Limited
£169.1k - Industry AVG
Debtor Days
it gets paid by customers after 3 days, this is earlier than average (31 days)
- Angel Homes (durham) Limited
31 days - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- Angel Homes (durham) Limited
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Angel Homes (durham) Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 3 weeks, this is less cash available to meet short term requirements (14 weeks)
3 weeks - Angel Homes (durham) Limited
14 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 33.8%, this is a lower level of debt than the average (62.9%)
33.8% - Angel Homes (durham) Limited
62.9% - Industry AVG
ANGEL HOMES (DURHAM) LIMITED financials
Angel Homes (Durham) Limited's latest turnover from March 2023 is estimated at £64.2 thousand and the company has net assets of £11.5 million. According to their latest financial statements, Angel Homes (Durham) Limited has 1 employee and maintains cash reserves of £63.7 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
| 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 | 1 | 1 | 1 | |||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 0 | 3,500 | 12,500 | 21,500 | 9,167 | 14,167 | 19,167 | 24,167 | 502,402 | 516,400 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 7,910,100 | 7,910,100 | 7,910,100 | 7,910,100 | 5,585,835 | 5,585,835 | 2,630,184 | 1,842,745 | 100 | 100 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 7,910,100 | 7,913,600 | 7,922,600 | 7,931,600 | 5,595,002 | 5,600,002 | 2,649,351 | 1,866,912 | 502,502 | 516,500 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 668 | 0 | 0 | 5,040,865 | 3,956,227 | 3,550,182 | 3,754,788 | 873,086 | 405,413 | 371,772 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 9,455,428 | 9,599,351 | 6,977,522 | 0 | 523,783 | 532,938 | 0 | 0 | 78,969 | 0 |
| Cash | 63,712 | 60,909 | 544,475 | 1,083,747 | 67,975 | 178,298 | 10,144 | 1,022,549 | 70 | 70 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 9,519,808 | 9,660,260 | 7,521,997 | 6,124,612 | 4,547,985 | 4,261,418 | 3,764,932 | 1,895,635 | 484,452 | 371,842 |
| total assets | 17,429,908 | 17,573,860 | 15,444,597 | 14,056,212 | 10,142,987 | 9,861,420 | 6,414,283 | 3,762,547 | 986,954 | 888,342 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 131,184 | 131,184 | 131,184 | 0 | 3,565,750 | 3,796,750 | 0 | 0 | 0 | 0 |
| Trade Creditors | 0 | 30,365 | 14,525 | 4,187,516 | 2,287,015 | 2,227,774 | 3,047,062 | 1,455,501 | 19,711 | 2,615 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 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 | 844,066 | 964,985 | 4,933,182 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 975,250 | 1,126,534 | 5,078,891 | 4,187,516 | 5,852,765 | 6,024,524 | 3,047,062 | 1,455,501 | 19,711 | 2,615 |
| loans | 4,428,040 | 4,546,220 | 4,663,764 | 0 | 0 | 0 | 0 | 0 | 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 | 0 | 0 | 0 | 4,843,072 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 493,555 | 493,555 | 376,352 | 376,532 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 4,921,595 | 5,039,775 | 5,040,116 | 5,219,604 | 0 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 5,896,845 | 6,166,309 | 10,119,007 | 9,407,120 | 5,852,765 | 6,024,524 | 3,047,062 | 1,455,501 | 19,711 | 2,615 |
| net assets | 11,533,063 | 11,407,551 | 5,325,590 | 4,649,092 | 4,290,222 | 3,836,896 | 3,367,221 | 2,307,046 | 967,243 | 885,727 |
| total shareholders funds | 11,533,063 | 11,407,551 | 5,325,590 | 4,649,092 | 4,290,222 | 3,836,896 | 3,367,221 | 2,307,046 | 967,243 | 885,727 |
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||
| Operating Profit | ||||||||||
| Depreciation | 3,500 | 9,000 | 9,000 | 7,667 | 5,000 | 5,000 | 5,000 | 13,998 | 3,500 | |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Tax | ||||||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | -143,255 | 2,621,829 | 1,936,657 | 560,855 | 396,890 | 328,332 | 2,881,702 | 388,704 | 112,610 | 371,772 |
| Creditors | -30,365 | 15,840 | -4,172,991 | 1,900,501 | 59,241 | -819,288 | 1,591,561 | 1,435,790 | 17,096 | 2,615 |
| Accruals and Deferred Income | -120,919 | -3,968,197 | 4,933,182 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 117,203 | -180 | 376,532 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | ||||||||||
| Investing Activities | ||||||||||
| capital expenditure | ||||||||||
| Change in Investments | 0 | 0 | 0 | 2,324,265 | 0 | 2,955,651 | 787,439 | 1,842,645 | 0 | 100 |
| cash flow from investments | ||||||||||
| Financing Activities | ||||||||||
| Bank loans | 0 | 0 | 131,184 | -3,565,750 | -231,000 | 3,796,750 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | -118,180 | -117,544 | 4,663,764 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | -4,843,072 | 4,843,072 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||||||
| interest | ||||||||||
| cash flow from financing | ||||||||||
| cash and cash equivalents | ||||||||||
| cash | 2,803 | -483,566 | -539,272 | 1,015,772 | -110,323 | 168,154 | -1,012,405 | 1,022,479 | 0 | 70 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 2,803 | -483,566 | -539,272 | 1,015,772 | -110,323 | 168,154 | -1,012,405 | 1,022,479 | 0 | 70 |
angel homes (durham) limited Credit Report and Business Information
Angel Homes (durham) Limited Competitor Analysis
Perform a competitor analysis for angel homes (durham) limited by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other micro companies, companies in DH1 area or any other competitors across 12 key performance metrics.
angel homes (durham) limited Ownership
ANGEL HOMES (DURHAM) LIMITED group structure
Angel Homes (Durham) Limited has 1 subsidiary company.
angel homes (durham) limited directors
Angel Homes (Durham) Limited currently has 1 director, Mr Andrew Ward serving since May 2013.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Andrew Ward | 52 years | May 2013 | - | Director |
P&L
March 2023turnover
64.2k
-43%
operating profit
625.7k
0%
gross margin
74.9%
-0.01%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2023net assets
11.5m
+0.01%
total assets
17.4m
-0.01%
cash
63.7k
+0.05%
net assets
Total assets minus all liabilities
angel homes (durham) limited company details
company number
08542558
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
May 2013
age
11
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
March 2023
previous names
N/A
accountant
EHT TAX ACCOUNTANTS LIMITED
auditor
-
address
durham workspace abbey road, pity me, durham, DH1 5JZ
Bank
-
Legal Advisor
-
angel homes (durham) 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 7 charges/mortgages relating to angel homes (durham) limited. Currently there are 3 open charges and 4 have been satisfied in the past.
angel homes (durham) 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.
Click to start generating capital raising & share issue transactions for ANGEL HOMES (DURHAM) LIMITED. This can take several minutes, an email will notify you when this has completed.
angel homes (durham) limited Companies House Filings - See Documents
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