south tyneside housing ventures trust limited
south tyneside housing ventures trust limited Company Information
Company Number
08626890
Next Accounts
1129 days late
Shareholders
-
Group Structure
View All
Industry
Renting and operating of Housing Association real estate
Registered Address
one trinity green eldon street, south shields, NE33 1SA
south tyneside housing ventures trust limited Estimated Valuation
Pomanda estimates the enterprise value of SOUTH TYNESIDE HOUSING VENTURES TRUST LIMITED at £10.9m based on a Turnover of £2.4m and 4.51x industry multiple (adjusted for size and gross margin).
south tyneside housing ventures trust limited Estimated Valuation
Pomanda estimates the enterprise value of SOUTH TYNESIDE HOUSING VENTURES TRUST LIMITED at £13m based on an EBITDA of £1.6m and a 8.1x industry multiple (adjusted for size and gross margin).
south tyneside housing ventures trust limited Estimated Valuation
Pomanda estimates the enterprise value of SOUTH TYNESIDE HOUSING VENTURES TRUST LIMITED at £16.8m based on Net Assets of £9.3m and 1.8x industry multiple (adjusted for liquidity).
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South Tyneside Housing Ventures Trust Limited Overview
South Tyneside Housing Ventures Trust Limited is a converted/closed company that was located in south shields, NE33 1SA with a Companies House number of 08626890. It operated in the renting and operating of housing association real estate sector, SIC Code 68201. Founded in July 2013, it's largest shareholder was unknown. The last turnover for South Tyneside Housing Ventures Trust Limited was estimated at £2.4m.
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South Tyneside Housing Ventures Trust Limited Health Check
Pomanda's financial health check has awarded South Tyneside Housing Ventures Trust Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 6 measures and has 2 areas for improvement. Company Health Check FAQs
6 Strong
3 Regular
2 Weak
Size
annual sales of £2.4m, make it larger than the average company (£1.4m)
£2.4m - South Tyneside Housing Ventures Trust Limited
£1.4m - Industry AVG
Growth
3 year (CAGR) sales growth of 45%, show it is growing at a faster rate (2.6%)
45% - South Tyneside Housing Ventures Trust Limited
2.6% - Industry AVG
Production
with a gross margin of 72.2%, this company has a comparable cost of product (72.2%)
72.2% - South Tyneside Housing Ventures Trust Limited
72.2% - Industry AVG
Profitability
an operating margin of 42.9% make it more profitable than the average company (22.5%)
42.9% - South Tyneside Housing Ventures Trust Limited
22.5% - Industry AVG
Employees
with 18 employees, this is above the industry average (8)
- South Tyneside Housing Ventures Trust Limited
8 - Industry AVG
Pay Structure
on an average salary of £32k, the company has an equivalent pay structure (£32k)
- South Tyneside Housing Ventures Trust Limited
£32k - Industry AVG
Efficiency
resulting in sales per employee of £133.9k, this is equally as efficient (£140.5k)
- South Tyneside Housing Ventures Trust Limited
£140.5k - Industry AVG
Debtor Days
it gets paid by customers after 34 days, this is later than average (16 days)
34 days - South Tyneside Housing Ventures Trust Limited
16 days - Industry AVG
Creditor Days
its suppliers are paid after 317 days, this is slower than average (38 days)
317 days - South Tyneside Housing Ventures Trust Limited
38 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - South Tyneside Housing Ventures Trust Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 50 weeks, this is more cash available to meet short term requirements (25 weeks)
50 weeks - South Tyneside Housing Ventures Trust Limited
25 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 81.1%, this is a higher level of debt than the average (65.2%)
81.1% - South Tyneside Housing Ventures Trust Limited
65.2% - Industry AVG
SOUTH TYNESIDE HOUSING VENTURES TRUST LIMITED financials
South Tyneside Housing Ventures Trust Limited's latest turnover from March 2020 is £2.4 million and the company has net assets of £9.3 million. According to their latest financial statements, we estimate that South Tyneside Housing Ventures Trust Limited has 18 employees and maintains cash reserves of £1.6 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | |
|---|---|---|---|---|---|---|---|
| Turnover | 2,410,276 | 1,930,071 | 1,515,635 | 797,101 | 335,943 | 146,383 | 257 |
| Other Income Or Grants | |||||||
| Cost Of Sales | |||||||
| Gross Profit | |||||||
| Admin Expenses | |||||||
| Operating Profit | 1,033,016 | 901,620 | 768,041 | 144,908 | 60,465 | 69,221 | -29,092 |
| Interest Payable | 1,207,603 | 1,239,233 | 648,191 | 279,046 | 164,696 | 93,905 | 0 |
| Interest Receivable | 0 | 0 | 0 | 0 | 0 | 200,003 | 0 |
| Pre-Tax Profit | -174,587 | -337,613 | 119,850 | -134,138 | -104,231 | -36,877 | -29,092 |
| Tax | -80,165 | -34,465 | -106,051 | -46,914 | 0 | 0 | 0 |
| Profit After Tax | -254,752 | -372,078 | 13,799 | -181,052 | -104,231 | -36,877 | -29,092 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Retained Profit | -254,752 | -372,078 | 13,799 | -181,052 | -104,231 | -36,877 | -29,092 |
| Employee Costs | |||||||
| Number Of Employees | |||||||
| EBITDA* | 1,608,640 | 1,414,544 | 768,041 | 144,908 | 166,002 | 101,729 | -28,164 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | |
|---|---|---|---|---|---|---|---|
| Tangible Assets | 47,571,039 | 43,429,857 | 37,484,372 | 29,883,867 | 17,737,158 | 10,738,664 | 1,516,762 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 47,571,039 | 43,429,857 | 37,484,372 | 29,883,867 | 17,737,158 | 10,738,664 | 1,516,762 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 227,797 | 21,000 | 76,329 | 50,437 | 50,762 | 25,866 | 257 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 2,681 | 272,060 | 0 | 456,267 | 875,305 | 241,340 | 0 |
| Cash | 1,615,400 | 1,832,567 | 616,717 | 247,244 | 483,379 | 106,858 | 23,412 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 1,845,878 | 2,125,627 | 693,046 | 753,948 | 1,409,446 | 374,064 | 23,669 |
| total assets | 49,416,917 | 45,555,484 | 38,177,418 | 30,637,815 | 19,146,604 | 11,112,728 | 1,540,431 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 583,684 | 827,626 | 26,920 | 498,084 | 0 | 0 | 1,267 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 160,214 |
| other short term finances | 346,156 | 312,206 | 234,992 | 141,440 | 160,426 | 68,264 | 7,294 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 725,873 | 1,142,677 | 901,705 | 575,504 | 1,070,177 | 747,328 | 6,000 |
| total current liabilities | 1,655,713 | 2,282,509 | 1,163,617 | 1,215,028 | 1,230,603 | 815,592 | 174,775 |
| loans | 38,403,263 | 33,836,778 | 30,097,478 | 25,281,066 | 16,182,066 | 8,605,661 | 1,394,748 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 29,575 | 12,546 | 0 | 0 | 1,904,135 | 1,757,444 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 38,432,838 | 33,849,324 | 30,097,478 | 25,281,066 | 18,086,201 | 10,363,105 | 1,394,748 |
| total liabilities | 40,088,551 | 36,131,833 | 31,261,095 | 26,496,094 | 19,316,804 | 11,178,697 | 1,569,523 |
| net assets | 9,328,366 | 9,423,651 | 6,916,323 | 4,141,721 | -170,200 | -65,969 | -29,092 |
| total shareholders funds | 9,328,366 | 9,423,651 | 6,916,323 | 4,141,721 | -170,200 | -65,969 | -29,092 |
| Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | |
|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||
| Operating Profit | 1,033,016 | 901,620 | 768,041 | 144,908 | 60,465 | 69,221 | -29,092 |
| Depreciation | 575,624 | 512,924 | 0 | 0 | 105,537 | 32,508 | 928 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | -80,165 | -34,465 | -106,051 | -46,914 | 0 | 0 | 0 |
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | -62,582 | 216,731 | -430,375 | -419,363 | 658,861 | 266,949 | 257 |
| Creditors | -243,942 | 800,706 | -471,164 | 498,084 | 0 | -1,267 | 1,267 |
| Accruals and Deferred Income | -416,804 | 240,972 | 326,201 | -494,673 | 322,849 | 741,328 | 6,000 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | 930,311 | 2,205,026 | 947,402 | 520,768 | -170,010 | 574,841 | -21,154 |
| Investing Activities | |||||||
| capital expenditure | 0 | 0 | 2,841,899 | 2,536,050 | 362,783 | -7,599,372 | |
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | 0 | 0 | 2,841,899 | 2,536,050 | 362,783 | -7,599,372 | |
| Financing Activities | |||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | -160,214 | 160,214 |
| Other Short Term Loans | 33,950 | 77,214 | 93,552 | -18,986 | 92,162 | 60,970 | 7,294 |
| Long term loans | 4,566,485 | 3,739,300 | 4,816,412 | 9,099,000 | 7,576,405 | 7,210,913 | 1,394,748 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 17,029 | 12,546 | 0 | -1,904,135 | 146,691 | 1,757,444 | 0 |
| share issue | |||||||
| interest | -1,207,603 | -1,239,233 | -648,191 | -279,046 | -164,696 | 106,098 | 0 |
| cash flow from financing | 3,569,328 | 5,469,233 | 7,022,576 | 11,389,806 | 7,650,562 | 8,975,211 | 1,562,256 |
| cash and cash equivalents | |||||||
| cash | -217,167 | 1,215,850 | 369,473 | -236,135 | 376,521 | 83,446 | 23,412 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -217,167 | 1,215,850 | 369,473 | -236,135 | 376,521 | 83,446 | 23,412 |
south tyneside housing ventures trust limited Credit Report and Business Information
South Tyneside Housing Ventures Trust Limited Competitor Analysis
Perform a competitor analysis for south tyneside housing ventures trust limited by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other small companies, companies in NE33 area or any other competitors across 12 key performance metrics.
south tyneside housing ventures trust limited Ownership
SOUTH TYNESIDE HOUSING VENTURES TRUST LIMITED group structure
South Tyneside Housing Ventures Trust Limited has no subsidiary companies.
Ultimate parent company
SOUTH TYNESIDE HOUSING VENTURES TRUST LIMITED
08626890
south tyneside housing ventures trust limited directors
South Tyneside Housing Ventures Trust Limited currently has 9 directors. The longest serving directors include Mr Peter Davidson (Dec 2013) and Mr Kenneth Dawes (Jul 2018).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Peter Davidson | 79 years | Dec 2013 | - | Director | |
| Mr Kenneth Dawes | England | 69 years | Jul 2018 | - | Director |
| Mr Richard Porthouse | 74 years | Jul 2018 | - | Director | |
| Ms Helen James | England | 50 years | Dec 2019 | - | Director |
| Ms Kate Maughan | England | 42 years | Dec 2019 | - | Director |
| Ms Lorraine Masters | England | 51 years | Dec 2019 | - | Director |
| Mrs Anne Hetherington | England | 72 years | Aug 2020 | - | Director |
| Mr Daniel Gibson | England | 35 years | Oct 2020 | - | Director |
| Mr Daniel Gibson | England | 35 years | Oct 2020 | - | Director |
P&L
March 2020turnover
2.4m
+25%
operating profit
1m
+15%
gross margin
72.2%
-1.68%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2020net assets
9.3m
-0.01%
total assets
49.4m
+0.08%
cash
1.6m
-0.12%
net assets
Total assets minus all liabilities
south tyneside housing ventures trust limited company details
company number
08626890
Type
Private Ltd By Guarantee w/o Share Cap
industry
68201 - Renting and operating of Housing Association real estate
incorporation date
July 2013
age
12
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
March 2020
previous names
N/A
accountant
-
auditor
KPMG LLP
address
one trinity green eldon street, south shields, NE33 1SA
Bank
NATIONAL WESTMINSTER BANK PLC
Legal Advisor
DWF LLP
south tyneside housing ventures trust 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 74 charges/mortgages relating to south tyneside housing ventures trust limited. Currently there are 74 open charges and 0 have been satisfied in the past.
south tyneside housing ventures trust 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 SOUTH TYNESIDE HOUSING VENTURES TRUST LIMITED. This can take several minutes, an email will notify you when this has completed.
south tyneside housing ventures trust limited Companies House Filings - See Documents
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