future construction ltd
future construction ltd Company Information
Company Number
08694623
Next Accounts
Mar 2026
Shareholders
harrington homes (sw) limited
Group Structure
View All
Industry
Construction of domestic buildings
Registered Address
orchard house clyst st. mary, exeter, devon, EX5 1BR
Website
future-construction.comfuture construction ltd Estimated Valuation
Pomanda estimates the enterprise value of FUTURE CONSTRUCTION LTD at £457.2k based on a Turnover of £1.3m and 0.36x industry multiple (adjusted for size and gross margin).
future construction ltd Estimated Valuation
Pomanda estimates the enterprise value of FUTURE CONSTRUCTION LTD at £2.4m based on an EBITDA of £744.5k and a 3.26x industry multiple (adjusted for size and gross margin).
future construction ltd Estimated Valuation
Pomanda estimates the enterprise value of FUTURE CONSTRUCTION LTD at £733.4k based on Net Assets of £546.9k and 1.34x industry multiple (adjusted for liquidity).
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Future Construction Ltd Overview
Future Construction Ltd is a live company located in devon, EX5 1BR with a Companies House number of 08694623. It operates in the construction of domestic buildings sector, SIC Code 41202. Founded in September 2013, it's largest shareholder is harrington homes (sw) limited with a 100% stake. Future Construction Ltd is a established, small sized company, Pomanda has estimated its turnover at £1.3m with declining growth in recent years.
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Future Construction Ltd Health Check
Pomanda's financial health check has awarded Future Construction Ltd a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 3 areas for improvement. Company Health Check FAQs
5 Strong
2 Regular
3 Weak
Size
annual sales of £1.3m, make it larger than the average company (£385k)
- Future Construction Ltd
£385k - Industry AVG
Growth
3 year (CAGR) sales growth of -1%, show it is growing at a slower rate (9.4%)
- Future Construction Ltd
9.4% - Industry AVG
Production
with a gross margin of 19.6%, this company has a comparable cost of product (19.6%)
- Future Construction Ltd
19.6% - Industry AVG
Profitability
an operating margin of 58.7% make it more profitable than the average company (4.4%)
- Future Construction Ltd
4.4% - Industry AVG
Employees
with 2 employees, this is below the industry average (3)
2 - Future Construction Ltd
3 - Industry AVG
Pay Structure
on an average salary of £42.8k, the company has an equivalent pay structure (£42.8k)
- Future Construction Ltd
£42.8k - Industry AVG
Efficiency
resulting in sales per employee of £629.7k, this is more efficient (£179.9k)
- Future Construction Ltd
£179.9k - Industry AVG
Debtor Days
it gets paid by customers after 0 days, this is earlier than average (24 days)
- Future Construction Ltd
24 days - Industry AVG
Creditor Days
its suppliers are paid after 103 days, this is slower than average (30 days)
- Future Construction Ltd
30 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Future Construction Ltd
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Future Construction Ltd
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 97.7%, this is a higher level of debt than the average (70.3%)
97.7% - Future Construction Ltd
70.3% - Industry AVG
FUTURE CONSTRUCTION LTD financials
Future Construction Ltd's latest turnover from June 2024 is estimated at £1.3 million and the company has net assets of £546.9 thousand. According to their latest financial statements, Future Construction Ltd has 2 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jun 2024 | Dec 2022 | 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 | 2 | 6 | 6 | 6 | 6 | 5 | 5 | 4 | |||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jun 2024 | Dec 2022 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 9,673 | 15,475 | 20,633 | 27,471 | 67,933 | 79,369 | 373,691 | 370,000 | 373,000 | 374,000 | |
| Intangible Assets | |||||||||||
| Investments & Other | |||||||||||
| Debtors (Due After 1 year) | |||||||||||
| Total Fixed Assets | 9,673 | 15,475 | 20,633 | 27,471 | 67,933 | 79,369 | 373,691 | 370,000 | 373,000 | 374,000 | |
| Stock & work in progress | 101,662 | ||||||||||
| Trade Debtors | 62 | 418,261 | 64,227 | 22,189 | 199,550 | 227,006 | 91,767 | 7,720 | 24,714 | 48,680 | |
| Group Debtors | 3,841,821 | 3,491,495 | 1,462,192 | 322,911 | 383,147 | 119 | 62,101 | 8,245 | |||
| Misc Debtors | 20,175,233 | 22,368 | 1,032,311 | 995,241 | 1,136,071 | 1,200,000 | 28,373 | 14,044 | |||
| Cash | 108,064 | 188,449 | 106 | 8,422 | 8,741 | 4,165 | |||||
| misc current assets | 2,909 | ||||||||||
| total current assets | 24,017,116 | 3,932,124 | 2,602,567 | 1,382,379 | 1,541,407 | 1,402,578 | 607,591 | 114,162 | 16,142 | 33,455 | 52,845 |
| total assets | 24,026,789 | 3,947,599 | 2,623,200 | 1,409,850 | 1,609,340 | 1,481,947 | 981,282 | 484,162 | 389,142 | 407,455 | 52,845 |
| Bank overdraft | 95,926 | 92,970 | 75,000 | 83,451 | 53,237 | 187,788 | |||||
| Bank loan | |||||||||||
| Trade Creditors | 285,876 | 555,875 | 688,274 | 163,219 | 402,186 | 600,950 | 311,740 | 40,258 | 88,630 | 53,090 | 48,757 |
| Group/Directors Accounts | 14,421,098 | 2,614,740 | 1,203,848 | 244,616 | 509,032 | 4,495 | |||||
| other short term finances | |||||||||||
| hp & lease commitments | 1,356 | 2,311 | 26,785 | ||||||||
| other current liabilities | 8,601,955 | 68,085 | 82,782 | 38,024 | 56,170 | 57,349 | 12,517 | 38,756 | |||
| total current liabilities | 23,404,855 | 3,331,670 | 2,051,260 | 531,621 | 1,047,410 | 850,582 | 324,257 | 79,014 | 88,630 | 53,090 | 48,757 |
| loans | 75,000 | 187,500 | 243,750 | 611,188 | 344,560 | 282,434 | 329,531 | 287,500 | 272,500 | 263,390 | |
| hp & lease commitments | 3,024 | 9,179 | 32,341 | 75,538 | |||||||
| Accruals and Deferred Income | |||||||||||
| other liabilities | 78,364 | 80,460 | 14,656 | 62,261 | |||||||
| provisions | |||||||||||
| total long term liabilities | 75,000 | 187,500 | 246,774 | 620,367 | 376,901 | 436,336 | 409,991 | 302,156 | 272,500 | 325,651 | |
| total liabilities | 23,479,855 | 3,519,170 | 2,298,034 | 1,151,988 | 1,424,311 | 1,286,918 | 734,248 | 381,170 | 361,130 | 378,741 | 48,757 |
| net assets | 546,934 | 428,429 | 325,166 | 257,862 | 185,029 | 195,029 | 247,034 | 102,992 | 28,012 | 28,714 | 4,088 |
| total shareholders funds | 546,934 | 428,429 | 325,166 | 257,862 | 185,029 | 195,029 | 247,034 | 102,992 | 28,012 | 28,714 | 4,088 |
| Jun 2024 | Dec 2022 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||
| Operating Profit | |||||||||||
| Depreciation | 5,802 | 5,158 | 6,313 | 9,156 | 21,798 | 1,000 | |||||
| Amortisation | |||||||||||
| Tax | |||||||||||
| Stock | -101,662 | 101,662 | |||||||||
| Debtors | 24,017,116 | 2,549,745 | 1,112,124 | -159,028 | 141,738 | 1,082,189 | 203,424 | 106,336 | -16,994 | -23,966 | 48,680 |
| Creditors | 285,876 | 392,656 | 525,055 | -238,967 | -198,764 | 289,210 | 271,482 | -48,372 | 35,540 | 4,333 | 48,757 |
| Accruals and Deferred Income | 8,601,955 | 30,061 | 44,758 | -18,146 | -1,179 | 44,832 | -26,239 | 38,756 | |||
| Deferred Taxes & Provisions | |||||||||||
| Cash flow from operations | |||||||||||
| Investing Activities | |||||||||||
| capital expenditure | |||||||||||
| Change in Investments | |||||||||||
| cash flow from investments | |||||||||||
| Financing Activities | |||||||||||
| Bank loans | |||||||||||
| Group/Directors Accounts | 14,421,098 | 2,370,124 | 959,232 | -264,416 | 504,537 | 4,495 | |||||
| Other Short Term Loans | |||||||||||
| Long term loans | 75,000 | -423,688 | -367,438 | 266,628 | 62,126 | -47,097 | 42,031 | 15,000 | 9,110 | 263,390 | |
| Hire Purchase and Lease Commitments | -11,490 | -7,110 | -47,636 | -16,412 | 75,538 | ||||||
| other long term liabilities | -78,364 | -2,096 | 65,804 | 14,656 | -62,261 | 62,261 | |||||
| share issue | |||||||||||
| interest | |||||||||||
| cash flow from financing | |||||||||||
| cash and cash equivalents | |||||||||||
| cash | 108,064 | -188,449 | 188,343 | -8,316 | -319 | 4,576 | 4,165 | ||||
| overdraft | 95,926 | 9,519 | -8,451 | 30,214 | -134,551 | 187,788 | |||||
| change in cash | -95,926 | -9,519 | 116,515 | -30,214 | 134,551 | -376,237 | 188,343 | -8,316 | -319 | 4,576 | 4,165 |
future construction ltd Credit Report and Business Information
Future Construction Ltd Competitor Analysis
Perform a competitor analysis for future construction ltd by selecting its closest rivals, whether from the CONSTRUCTION sector, other small companies, companies in EX5 area or any other competitors across 12 key performance metrics.
future construction ltd Ownership
FUTURE CONSTRUCTION LTD group structure
Future Construction Ltd has no subsidiary companies.
Ultimate parent company
2 parents
FUTURE CONSTRUCTION LTD
08694623
future construction ltd directors
Future Construction Ltd currently has 3 directors. The longest serving directors include Mr Gareth Hughes (Dec 2017) and Mr Max Ashton (Mar 2022).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Gareth Hughes | 40 years | Dec 2017 | - | Director | |
| Mr Max Ashton | England | 63 years | Mar 2022 | - | Director |
| Mr Max Ashton | England | 63 years | Mar 2022 | - | Director |
P&L
June 2024turnover
1.3m
0%
operating profit
738.7k
0%
gross margin
19.7%
0%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
June 2024net assets
546.9k
0%
total assets
24m
0%
cash
0
0%
net assets
Total assets minus all liabilities
future construction ltd company details
company number
08694623
Type
Private limited with Share Capital
industry
41202 - Construction of domestic buildings
incorporation date
September 2013
age
12
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
June 2024
previous names
future construction management limited (February 2018)
hc property development limited (March 2016)
accountant
THE FRESH ACCOUNTANCY COMPANY LIMITED
auditor
-
address
orchard house clyst st. mary, exeter, devon, EX5 1BR
Bank
-
Legal Advisor
-
future construction ltd 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 6 charges/mortgages relating to future construction ltd. Currently there are 1 open charges and 5 have been satisfied in the past.
future construction ltd 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 FUTURE CONSTRUCTION LTD. This can take several minutes, an email will notify you when this has completed.
future construction ltd Companies House Filings - See Documents
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