networked housing limited
networked housing limited Company Information
Company Number
08647776
Website
-Registered Address
c/o ocg accountants ltd, biz hub tees valley, billingham, england, TS23 4EA
Industry
Buying and selling of own real estate
Telephone
-
Next Accounts Due
December 2024
Group Structure
View All
Directors
David Fallon11 Years
Shareholders
david fallon 100%
networked housing limited Estimated Valuation
Pomanda estimates the enterprise value of NETWORKED HOUSING LIMITED at £4m based on a Turnover of £1.6m and 2.4x industry multiple (adjusted for size and gross margin).
networked housing limited Estimated Valuation
Pomanda estimates the enterprise value of NETWORKED HOUSING LIMITED at £3.1m based on an EBITDA of £507.5k and a 6.02x industry multiple (adjusted for size and gross margin).
networked housing limited Estimated Valuation
Pomanda estimates the enterprise value of NETWORKED HOUSING LIMITED at £2.5m based on Net Assets of £1.7m and 1.43x industry multiple (adjusted for liquidity).
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Networked Housing Limited Overview
Networked Housing Limited is a live company located in billingham, TS23 4EA with a Companies House number of 08647776. It operates in the buying and selling of own real estate sector, SIC Code 68100. Founded in August 2013, it's largest shareholder is david fallon with a 100% stake. Networked Housing Limited is a established, small sized company, Pomanda has estimated its turnover at £1.6m with healthy growth in recent years.
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Networked Housing Limited Health Check
Pomanda's financial health check has awarded Networked Housing Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 3 areas for improvement. Company Health Check FAQs
3 Strong
4 Regular
3 Weak
Size
annual sales of £1.6m, make it larger than the average company (£900.9k)
- Networked Housing Limited
£900.9k - Industry AVG
Growth
3 year (CAGR) sales growth of 7%, show it is growing at a faster rate (2.1%)
- Networked Housing Limited
2.1% - Industry AVG
Production
with a gross margin of 66.6%, this company has a comparable cost of product (66.6%)
- Networked Housing Limited
66.6% - Industry AVG
Profitability
an operating margin of 30.6% make it as profitable than the average company (36%)
- Networked Housing Limited
36% - Industry AVG
Employees
with 9 employees, this is above the industry average (4)
- Networked Housing Limited
4 - Industry AVG
Pay Structure
on an average salary of £36.3k, the company has an equivalent pay structure (£36.3k)
- Networked Housing Limited
£36.3k - Industry AVG
Efficiency
resulting in sales per employee of £183.2k, this is equally as efficient (£202.4k)
- Networked Housing Limited
£202.4k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Networked Housing Limited
- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- Networked Housing Limited
- - Industry AVG
Stock Days
it holds stock equivalent to 3783 days, this is more than average (422 days)
- Networked Housing Limited
422 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (8 weeks)
0 weeks - Networked Housing Limited
8 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 80.2%, this is a higher level of debt than the average (63.6%)
80.2% - Networked Housing Limited
63.6% - Industry AVG
NETWORKED HOUSING LIMITED financials
Networked Housing Limited's latest turnover from March 2023 is estimated at £1.6 million and the company has net assets of £1.7 million. According to their latest financial statements, we estimate that Networked Housing Limited has 9 employees and maintains cash reserves of £84.1 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 | Aug 2017 | Aug 2016 | Aug 2015 | Aug 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 2,280,000 | 410,000 | ||||||||
| Other Income Or Grants | 0 | 0 | ||||||||
| Cost Of Sales | 1,700,000 | 245,250 | ||||||||
| Gross Profit | 580,000 | 164,750 | ||||||||
| Admin Expenses | 416,322 | 228,542 | ||||||||
| Operating Profit | 163,678 | -63,792 | ||||||||
| Interest Payable | 320 | 387 | ||||||||
| Interest Receivable | 0 | 0 | ||||||||
| Pre-Tax Profit | 163,358 | -64,179 | ||||||||
| Tax | 0 | 0 | ||||||||
| Profit After Tax | 163,358 | -64,179 | ||||||||
| Dividends Paid | 0 | 0 | ||||||||
| Retained Profit | 163,358 | -64,179 | ||||||||
| Employee Costs | ||||||||||
| Number Of Employees | ||||||||||
| EBITDA* | 163,678 | -62,198 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Aug 2017 | Aug 2016 | Aug 2015 | Aug 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 3,394 | 4,120 | 5,014 | 6,116 | 7,475 | 9,255 | 10,393 | 12,696 | 15,738 | 7,126 |
| Intangible Assets | 100 | 100 | 100 | 100 | 100 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 100 | 100 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 3,494 | 4,220 | 5,114 | 6,216 | 7,575 | 9,255 | 10,393 | 12,796 | 15,838 | 7,126 |
| Stock & work in progress | 5,710,498 | 3,729,082 | 3,739,539 | 2,524,894 | 3,459,619 | 0 | 0 | 2,580,000 | 2,145,000 | 1,900,000 |
| Trade Debtors | 0 | 0 | 117,500 | 117,500 | 117,500 | 4,685,975 | 3,677,665 | 124,705 | 496 | 0 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 2,870,997 | 3,516,136 | 2,553,259 | 2,171,800 | 1,557,021 | 0 | 0 | 0 | 0 | 185 |
| Cash | 84,125 | 202,034 | 162,264 | 688,524 | 73,706 | 0 | 0 | 972,384 | 358,790 | 466,370 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 8,665,620 | 7,447,252 | 6,572,562 | 5,502,718 | 5,207,846 | 4,685,975 | 3,677,665 | 3,677,089 | 2,504,286 | 2,366,555 |
| total assets | 8,669,114 | 7,451,472 | 6,577,676 | 5,508,934 | 5,215,421 | 4,695,230 | 3,688,058 | 3,689,885 | 2,520,124 | 2,373,681 |
| Bank overdraft | 10,648 | 9,574 | 6,293 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 0 | 0 | 0 | 0 | 0 | 4,349,461 | 3,548,642 | 1,383,768 | 410,994 | 4,170 |
| Group/Directors Accounts | 4,564,200 | 4,110,603 | 3,578,805 | 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 | 590,233 | 162,102 | 379,959 | 4,523,831 | 4,515,817 | 0 | 0 | 0 | 0 | 336,354 |
| total current liabilities | 5,165,081 | 4,282,279 | 3,965,057 | 4,523,831 | 4,515,817 | 4,349,461 | 3,548,642 | 1,383,768 | 410,994 | 340,524 |
| loans | 23,385 | 34,133 | 43,707 | 0 | 0 | 0 | 0 | 0 | 200,000 | 2,097,335 |
| 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 | 1,766,734 | 1,831,150 | 1,536,225 | 34,500 | 34,500 | 34,500 | 34,500 | 2,478,571 | 1,829,950 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 1,790,119 | 1,865,283 | 1,579,932 | 34,500 | 34,500 | 34,500 | 34,500 | 2,478,571 | 2,029,950 | 2,097,335 |
| total liabilities | 6,955,200 | 6,147,562 | 5,544,989 | 4,558,331 | 4,550,317 | 4,383,961 | 3,583,142 | 3,862,339 | 2,440,944 | 2,437,859 |
| net assets | 1,713,914 | 1,303,910 | 1,032,687 | 950,603 | 665,104 | 311,269 | 104,916 | -172,454 | 79,180 | -64,178 |
| total shareholders funds | 1,713,914 | 1,303,910 | 1,032,687 | 950,603 | 665,104 | 311,269 | 104,916 | -172,454 | 79,180 | -64,178 |
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Aug 2017 | Aug 2016 | Aug 2015 | Aug 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||
| Operating Profit | 163,678 | -63,792 | ||||||||
| Depreciation | 3,394 | 894 | 1,102 | 1,359 | 1,594 | |||||
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||
| Tax | 0 | 0 | ||||||||
| Stock | 1,981,416 | -10,457 | 1,214,645 | -934,725 | 3,459,619 | 0 | -2,580,000 | 435,000 | 245,000 | 1,900,000 |
| Debtors | -645,139 | 845,377 | 381,459 | 614,779 | -3,011,454 | 1,008,310 | 3,552,960 | 124,209 | 311 | 185 |
| Creditors | 0 | 0 | 0 | 0 | -4,349,461 | 800,819 | 2,164,874 | 972,774 | 406,824 | 4,170 |
| Accruals and Deferred Income | 428,131 | -217,857 | -4,143,872 | 8,014 | 4,515,817 | 0 | 0 | 0 | -336,354 | 336,354 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | -1,621,859 | |||||||||
| Investing Activities | ||||||||||
| capital expenditure | ||||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | -100 | 0 | 100 | 0 |
| cash flow from investments | ||||||||||
| Financing Activities | ||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 453,597 | 531,798 | 3,578,805 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | -10,748 | -9,574 | 43,707 | 0 | 0 | 0 | 0 | -200,000 | -1,897,335 | 2,097,335 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | -64,416 | 294,925 | 1,501,725 | 0 | 0 | 0 | -2,444,071 | 648,621 | 1,829,950 | 0 |
| share issue | ||||||||||
| interest | -320 | -387 | ||||||||
| cash flow from financing | -87,705 | 2,096,949 | ||||||||
| cash and cash equivalents | ||||||||||
| cash | -117,909 | 39,770 | -526,260 | 614,818 | 73,706 | 0 | -972,384 | 613,594 | -107,580 | 466,370 |
| overdraft | 1,074 | 3,281 | 6,293 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -118,983 | 36,489 | -532,553 | 614,818 | 73,706 | 0 | -972,384 | 613,594 | -107,580 | 466,370 |
networked housing limited Credit Report and Business Information
Networked Housing Limited Competitor Analysis
Perform a competitor analysis for networked housing limited by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other small companies, companies in TS23 area or any other competitors across 12 key performance metrics.
networked housing limited Ownership
NETWORKED HOUSING LIMITED group structure
Networked Housing Limited has no subsidiary companies.
Ultimate parent company
NETWORKED HOUSING LIMITED
08647776
networked housing limited directors
Networked Housing Limited currently has 1 director, Mr David Fallon serving since Aug 2013.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr David Fallon | 59 years | Aug 2013 | - | Director |
P&L
March 2023turnover
1.6m
+78%
operating profit
504.1k
0%
gross margin
66.6%
+0.83%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2023net assets
1.7m
+0.31%
total assets
8.7m
+0.16%
cash
84.1k
-0.58%
net assets
Total assets minus all liabilities
networked housing limited company details
company number
08647776
Type
Private limited with Share Capital
industry
68100 - Buying and selling of own real estate
incorporation date
August 2013
age
11
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
March 2023
previous names
N/A
accountant
OCG ACCOUNTANTS LTD
auditor
-
address
c/o ocg accountants ltd, biz hub tees valley, billingham, england, TS23 4EA
Bank
THE ROYAL BANK OF SCOTLAND PLC
Legal Advisor
-
networked housing 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 19 charges/mortgages relating to networked housing limited. Currently there are 6 open charges and 13 have been satisfied in the past.
networked housing limited Companies House Filings - See Documents
| date | description | view/download |
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