honey lane developments ltd
honey lane developments ltd Company Information
Company Number
08749892
Next Accounts
Dec 2025
Industry
Development of building projects
Shareholders
richard charles wickins
lorraine wickins
Group Structure
View All
Contact
Registered Address
first floor new frith house, 21 hyde street, winchester, hampshire, SO23 7DR
Website
shorewoodhomes.co.ukhoney lane developments ltd Estimated Valuation
Pomanda estimates the enterprise value of HONEY LANE DEVELOPMENTS LTD at £114.2k based on a Turnover of £233.8k and 0.49x industry multiple (adjusted for size and gross margin).
honey lane developments ltd Estimated Valuation
Pomanda estimates the enterprise value of HONEY LANE DEVELOPMENTS LTD at £139k based on an EBITDA of £37.4k and a 3.71x industry multiple (adjusted for size and gross margin).
honey lane developments ltd Estimated Valuation
Pomanda estimates the enterprise value of HONEY LANE DEVELOPMENTS LTD at £59.5k based on Net Assets of £40.1k and 1.49x industry multiple (adjusted for liquidity).
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Honey Lane Developments Ltd Overview
Honey Lane Developments Ltd is a live company located in winchester, SO23 7DR with a Companies House number of 08749892. It operates in the development of building projects sector, SIC Code 41100. Founded in October 2013, it's largest shareholder is richard charles wickins with a 80% stake. Honey Lane Developments Ltd is a established, micro sized company, Pomanda has estimated its turnover at £233.8k with declining growth in recent years.
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Honey Lane Developments Ltd Health Check
Pomanda's financial health check has awarded Honey Lane Developments Ltd a 4 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 £233.8k, make it smaller than the average company (£2.4m)
- Honey Lane Developments Ltd
£2.4m - Industry AVG
Growth
3 year (CAGR) sales growth of -24%, show it is growing at a slower rate (5.6%)
- Honey Lane Developments Ltd
5.6% - Industry AVG
Production
with a gross margin of 26.2%, this company has a comparable cost of product (26.2%)
- Honey Lane Developments Ltd
26.2% - Industry AVG
Profitability
an operating margin of 16% make it more profitable than the average company (8%)
- Honey Lane Developments Ltd
8% - Industry AVG
Employees
with 2 employees, this is below the industry average (6)
2 - Honey Lane Developments Ltd
6 - Industry AVG
Pay Structure
on an average salary of £48.5k, the company has an equivalent pay structure (£48.5k)
- Honey Lane Developments Ltd
£48.5k - Industry AVG
Efficiency
resulting in sales per employee of £116.9k, this is less efficient (£284.5k)
- Honey Lane Developments Ltd
£284.5k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Honey Lane Developments Ltd
- - Industry AVG
Creditor Days
its suppliers are paid after 0 days, this is quicker than average (31 days)
- Honey Lane Developments Ltd
31 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Honey Lane Developments Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 33 weeks, this is more cash available to meet short term requirements (11 weeks)
33 weeks - Honey Lane Developments Ltd
11 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 42%, this is a lower level of debt than the average (74.5%)
42% - Honey Lane Developments Ltd
74.5% - Industry AVG
HONEY LANE DEVELOPMENTS LTD financials
Honey Lane Developments Ltd's latest turnover from March 2024 is estimated at £233.8 thousand and the company has net assets of £40.1 thousand. According to their latest financial statements, Honey Lane Developments Ltd has 2 employees and maintains cash reserves of £18.6 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Oct 2017 | Oct 2016 | Oct 2015 | Oct 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 | 2 | 2 | 2 | 1 | 1 | 1 | ||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Oct 2017 | Oct 2016 | Oct 2015 | Oct 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 50 | 50 | 50 | 1 | 1 | 2 | 2 | 2 | 2 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 50 | 50 | 50 | 1 | 1 | 2 | 2 | 2 | 2 | 0 | 0 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 0 | 0 | 0 | 0 | 0 | 171,000 | 173,987 | 0 | 0 | 0 | 0 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 50,513 | 50,000 | 50,000 | 915,390 | 46,000 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 18,573 | 11,674 | 23,778 | 58,938 | 20,544 | 30,758 | 3,282 | 0 | 0 | 0 | 0 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 69,086 | 61,674 | 73,778 | 974,328 | 66,544 | 201,758 | 177,269 | 0 | 0 | 0 | 0 |
| total assets | 69,136 | 61,724 | 73,828 | 974,329 | 66,545 | 201,760 | 177,271 | 2 | 2 | 0 | 0 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 326 | 149 | 9,645 | 0 | 2,340 | 83,251 | 177,270 | 1 | 1 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 28,724 | 50,563 | 45,097 | 970,122 | 21,727 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 29,050 | 50,712 | 54,742 | 970,122 | 24,067 | 83,251 | 177,270 | 1 | 1 | 0 | 0 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 29,050 | 50,712 | 54,742 | 970,122 | 24,067 | 83,251 | 177,270 | 1 | 1 | 0 | 0 |
| net assets | 40,086 | 11,012 | 19,086 | 4,207 | 42,478 | 118,509 | 1 | 1 | 1 | 0 | 0 |
| total shareholders funds | 40,086 | 11,012 | 19,086 | 4,207 | 42,478 | 118,509 | 1 | 1 | 1 | 0 | 0 |
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Oct 2017 | Oct 2016 | Oct 2015 | Oct 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||
| Operating Profit | |||||||||||
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||
| Tax | |||||||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 513 | 0 | -865,390 | 869,390 | -125,000 | -2,987 | 173,987 | 0 | 0 | 0 | 0 |
| Creditors | 177 | -9,496 | 9,645 | -2,340 | -80,911 | -94,019 | 177,269 | 0 | 1 | 0 | 0 |
| Accruals and Deferred Income | -21,839 | 5,466 | -925,025 | 948,395 | 21,727 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | |||||||||||
| Investing Activities | |||||||||||
| capital expenditure | |||||||||||
| Change in Investments | 0 | 0 | 49 | 0 | -1 | 0 | 0 | 0 | 2 | 0 | 0 |
| cash flow from investments | |||||||||||
| Financing Activities | |||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||||||||
| interest | |||||||||||
| cash flow from financing | |||||||||||
| cash and cash equivalents | |||||||||||
| cash | 6,899 | -12,104 | -35,160 | 38,394 | -10,214 | 27,476 | 3,282 | 0 | 0 | 0 | 0 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 6,899 | -12,104 | -35,160 | 38,394 | -10,214 | 27,476 | 3,282 | 0 | 0 | 0 | 0 |
honey lane developments ltd Credit Report and Business Information
Honey Lane Developments Ltd Competitor Analysis
Perform a competitor analysis for honey lane developments ltd by selecting its closest rivals, whether from the CONSTRUCTION sector, other micro companies, companies in SO23 area or any other competitors across 12 key performance metrics.
honey lane developments ltd Ownership
HONEY LANE DEVELOPMENTS LTD group structure
Honey Lane Developments Ltd has 2 subsidiary companies.
Ultimate parent company
HONEY LANE DEVELOPMENTS LTD
08749892
2 subsidiaries
honey lane developments ltd directors
Honey Lane Developments Ltd currently has 2 directors. The longest serving directors include Mr Richard Wickins (Oct 2013) and Mrs Lorraine Wickins (Feb 2023).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Richard Wickins | England | 37 years | Oct 2013 | - | Director |
| Mrs Lorraine Wickins | England | 40 years | Feb 2023 | - | Director |
P&L
March 2024turnover
233.8k
+4%
operating profit
37.4k
0%
gross margin
26.3%
+1.55%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2024net assets
40.1k
+2.64%
total assets
69.1k
+0.12%
cash
18.6k
+0.59%
net assets
Total assets minus all liabilities
honey lane developments ltd company details
company number
08749892
Type
Private limited with Share Capital
industry
41100 - Development of building projects
incorporation date
October 2013
age
11
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
March 2024
previous names
honey lane investments ltd (December 2013)
accountant
-
auditor
-
address
first floor new frith house, 21 hyde street, winchester, hampshire, SO23 7DR
Bank
-
Legal Advisor
-
honey lane developments 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 did not find charges/mortgages relating to honey lane developments ltd.
honey lane developments ltd Companies House Filings - See Documents
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