greencore homes ltd
greencore homes ltd Company Information
Company Number
08754406
Next Accounts
Mar 2026
Industry
Construction of domestic buildings
Construction of commercial buildings
Shareholders
luxembourg specialist investment fund fcp-raif
martin pike
View AllGroup Structure
View All
Contact
Registered Address
unit 1 bicester park, charbridge way, bicester, OX26 4SS
greencore homes ltd Estimated Valuation
Pomanda estimates the enterprise value of GREENCORE HOMES LTD at £866.7k based on a Turnover of £3.9m and 0.22x industry multiple (adjusted for size and gross margin).
greencore homes ltd Estimated Valuation
Pomanda estimates the enterprise value of GREENCORE HOMES LTD at £0 based on an EBITDA of £-6.7m and a 1.9x industry multiple (adjusted for size and gross margin).
greencore homes ltd Estimated Valuation
Pomanda estimates the enterprise value of GREENCORE HOMES LTD at £42.6m based on Net Assets of £30m and 1.42x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Greencore Homes Ltd Overview
Greencore Homes Ltd is a live company located in bicester, OX26 4SS with a Companies House number of 08754406. It operates in the construction of commercial buildings sector, SIC Code 41201. Founded in October 2013, it's largest shareholder is luxembourg specialist investment fund fcp-raif with a 78.4% stake. Greencore Homes Ltd is a established, small sized company, Pomanda has estimated its turnover at £3.9m with declining growth in recent years.
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Greencore Homes Ltd Health Check
Pomanda's financial health check has awarded Greencore Homes Ltd a 3 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 8 areas for improvement. Company Health Check FAQs
4 Strong
0 Regular
8 Weak
Size
annual sales of £3.9m, make it smaller than the average company (£5.8m)
£3.9m - Greencore Homes Ltd
£5.8m - Industry AVG
Growth
3 year (CAGR) sales growth of -6%, show it is growing at a slower rate (10.1%)
-6% - Greencore Homes Ltd
10.1% - Industry AVG
Production
with a gross margin of 2.1%, this company has a higher cost of product (18.3%)
2.1% - Greencore Homes Ltd
18.3% - Industry AVG
Profitability
an operating margin of -175.2% make it less profitable than the average company (4.5%)
-175.2% - Greencore Homes Ltd
4.5% - Industry AVG
Employees
with 43 employees, this is above the industry average (17)
43 - Greencore Homes Ltd
17 - Industry AVG
Pay Structure
on an average salary of £103.4k, the company has a higher pay structure (£47.8k)
£103.4k - Greencore Homes Ltd
£47.8k - Industry AVG
Efficiency
resulting in sales per employee of £90.2k, this is less efficient (£252.7k)
£90.2k - Greencore Homes Ltd
£252.7k - Industry AVG
Debtor Days
it gets paid by customers after 28 days, this is earlier than average (36 days)
28 days - Greencore Homes Ltd
36 days - Industry AVG
Creditor Days
its suppliers are paid after 15 days, this is quicker than average (34 days)
15 days - Greencore Homes Ltd
34 days - Industry AVG
Stock Days
it holds stock equivalent to 1011 days, this is more than average (145 days)
1011 days - Greencore Homes Ltd
145 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 1056 weeks, this is more cash available to meet short term requirements (19 weeks)
1056 weeks - Greencore Homes Ltd
19 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 24.1%, this is a lower level of debt than the average (68.6%)
24.1% - Greencore Homes Ltd
68.6% - Industry AVG
GREENCORE HOMES LTD financials
Greencore Homes Ltd's latest turnover from June 2024 is £3.9 million and the company has net assets of £30 million. According to their latest financial statements, Greencore Homes Ltd has 43 employees and maintains cash reserves of £26.9 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jun 2024 | May 2023 | May 2022 | May 2021 | May 2020 | May 2019 | May 2018 | May 2017 | May 2016 | May 2015 | May 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 3,876,998 | 579,800 | 3,204,208 | 4,669,326 | |||||||
| Other Income Or Grants | 0 | 0 | 0 | 0 | |||||||
| Cost Of Sales | 3,796,217 | 1,255,868 | 3,663,371 | 4,433,967 | |||||||
| Gross Profit | 80,781 | -676,068 | -459,163 | 235,359 | |||||||
| Admin Expenses | 6,873,446 | 3,264,872 | 2,112,964 | 1,302,109 | |||||||
| Operating Profit | -6,792,665 | -3,940,940 | -2,572,127 | -1,066,750 | |||||||
| Interest Payable | 149,385 | 90,968 | 9,496 | 172,296 | |||||||
| Interest Receivable | 399,882 | 33,703 | 196,518 | 32,242 | |||||||
| Pre-Tax Profit | -6,542,168 | -3,998,205 | -2,385,105 | -1,206,804 | |||||||
| Tax | 0 | 0 | 0 | 67,472 | |||||||
| Profit After Tax | -6,542,168 | -3,998,205 | -2,385,105 | -1,139,332 | |||||||
| Dividends Paid | 0 | 0 | 0 | 0 | |||||||
| Retained Profit | -6,542,168 | -3,998,205 | -2,385,105 | -1,139,332 | |||||||
| Employee Costs | 4,446,645 | 2,019,543 | 1,274,927 | 1,364,639 | |||||||
| Number Of Employees | 43 | 27 | 26 | 29 | 25 | 14 | 14 | 11 | 7 | ||
| EBITDA* | -6,709,642 | -3,893,947 | -2,562,004 | -1,056,685 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jun 2024 | May 2023 | May 2022 | May 2021 | May 2020 | May 2019 | May 2018 | May 2017 | May 2016 | May 2015 | May 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 520,640 | 350,674 | 87,971 | 27,649 | 32,032 | 33,986 | 37,756 | 41,450 | 45,979 | 17,034 | 452 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 301 | 536 | 536 | 536 | 536 | 203,000 | 203,000 | 203,000 | 203,000 | 0 | 0 |
| Debtors (Due After 1 year) | 950,482 | 859,938 | 854,915 | 582,450 | 0 | 0 | 0 | 0 | 0 | 193,554 | 68,388 |
| Total Fixed Assets | 1,471,423 | 1,211,148 | 943,422 | 610,635 | 32,568 | 236,986 | 240,756 | 244,450 | 248,979 | 210,588 | 68,840 |
| Stock & work in progress | 10,519,359 | 9,431,810 | 70,672 | 122,217 | 85,653 | 102,840 | 73,787 | 241,398 | 563,935 | 1,515,554 | 59,297 |
| Trade Debtors | 300,224 | 508,278 | 67,861 | 222,815 | 226,588 | 16,988 | 39,206 | 44,308 | 98,431 | 290,374 | 20,400 |
| Group Debtors | 18,640 | 58,456 | 32,120 | 32,120 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 334,869 | 1,848,843 | 236,025 | 153,911 | 813,884 | 923,707 | 737,701 | 714,115 | 657,057 | 0 | 0 |
| Cash | 26,895,874 | 394,840 | 11,730,119 | 5,761 | 13,626 | 17,630 | 74,110 | 14,583 | 4,729 | 18,611 | 80,657 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 797,998 |
| total current assets | 38,068,966 | 12,242,227 | 12,136,797 | 536,824 | 1,139,751 | 1,061,165 | 924,804 | 1,014,404 | 1,324,152 | 1,824,539 | 958,352 |
| total assets | 39,540,389 | 13,453,375 | 13,080,219 | 1,147,459 | 1,172,319 | 1,298,151 | 1,165,560 | 1,258,854 | 1,573,131 | 2,035,127 | 1,027,192 |
| Bank overdraft | 0 | 0 | 0 | 118 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 10,000 | 12,183 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 164,324 | 518,921 | 180,041 | 1,100,164 | 842,165 | 482,659 | 288,408 | 252,073 | 159,411 | 256,197 | 25,697 |
| Group/Directors Accounts | 0 | 0 | 0 | 36,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 3,750,000 | 33,780 | 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 | 1,159,758 | 467,855 | 221,675 | 1,111,840 | 791,485 | 194,676 | 120,399 | 81,060 | 161,076 | 0 | 0 |
| total current liabilities | 1,324,082 | 4,746,776 | 447,679 | 2,248,122 | 1,633,650 | 677,335 | 408,807 | 333,133 | 320,487 | 256,197 | 25,697 |
| loans | 7,828,221 | 2,020,000 | 2,027,733 | 50,000 | 50,000 | 2,570,000 | 2,120,000 | 2,236,847 | 2,467,090 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 666,639 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 218,090 | 120,572 | 40,575 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 112,391 | 0 | 0 | 3,470,000 | 3,470,000 | 624,131 | 0 | 0 | 0 | 2,408,694 | 1,111,850 |
| provisions | 33,746 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 8,192,448 | 2,140,572 | 2,068,308 | 3,520,000 | 3,520,000 | 3,194,131 | 2,786,639 | 2,236,847 | 2,467,090 | 2,408,694 | 1,111,850 |
| total liabilities | 9,516,530 | 6,887,348 | 2,515,987 | 5,768,122 | 5,153,650 | 3,871,466 | 3,195,446 | 2,569,980 | 2,787,577 | 2,664,891 | 1,137,547 |
| net assets | 30,023,859 | 6,566,027 | 10,564,232 | -4,620,663 | -3,981,331 | -2,573,315 | -2,029,886 | -1,311,126 | -1,214,446 | -629,764 | -110,355 |
| total shareholders funds | 30,023,859 | 6,566,027 | 10,564,232 | -4,620,663 | -3,981,331 | -2,573,315 | -2,029,886 | -1,311,126 | -1,214,446 | -629,764 | -110,355 |
| Jun 2024 | May 2023 | May 2022 | May 2021 | May 2020 | May 2019 | May 2018 | May 2017 | May 2016 | May 2015 | May 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||
| Operating Profit | -6,792,665 | -3,940,940 | -2,572,127 | -1,066,750 | |||||||
| Depreciation | 83,023 | 46,993 | 10,123 | 10,065 | 9,403 | 7,623 | 2,203 | 10,564 | 8,715 | 6,465 | 23 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | 0 | 0 | 0 | 67,472 | |||||||
| Stock | 1,087,549 | 9,361,138 | -51,545 | 36,564 | -17,187 | 29,053 | -167,611 | -322,537 | -951,619 | 1,456,257 | 59,297 |
| Debtors | -1,671,300 | 2,084,594 | 199,625 | -49,176 | 99,777 | 163,788 | 18,484 | 2,935 | 271,560 | 395,140 | 88,788 |
| Creditors | -354,597 | 338,880 | -920,123 | 257,999 | 359,506 | 194,251 | 36,335 | 92,662 | -96,786 | 230,500 | 25,697 |
| Accruals and Deferred Income | 789,421 | 326,177 | -849,590 | 320,355 | 596,809 | 74,277 | 39,339 | -80,016 | 161,076 | 0 | 0 |
| Deferred Taxes & Provisions | 33,746 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | -5,657,321 | -14,674,622 | -4,479,797 | -398,247 | |||||||
| Investing Activities | |||||||||||
| capital expenditure | 0 | ||||||||||
| Change in Investments | -235 | 0 | 0 | 0 | -202,464 | 0 | 0 | 0 | 203,000 | 0 | 0 |
| cash flow from investments | 0 | ||||||||||
| Financing Activities | |||||||||||
| Bank loans | -10,000 | -2,183 | 12,183 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | -36,000 | 36,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | -3,750,000 | 3,716,220 | 33,780 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 5,808,221 | -7,733 | 1,977,733 | 0 | -2,520,000 | 450,000 | -116,847 | -230,243 | 2,467,090 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | -666,639 | 666,639 | 0 | 0 | 0 | 0 |
| other long term liabilities | 112,391 | 0 | -3,470,000 | 0 | 2,845,869 | 624,131 | 0 | 0 | -2,408,694 | 1,296,844 | 1,111,850 |
| share issue | |||||||||||
| interest | 250,497 | -57,265 | 187,022 | -140,054 | |||||||
| cash flow from financing | 32,411,109 | 3,649,039 | 16,274,718 | 395,946 | |||||||
| cash and cash equivalents | |||||||||||
| cash | 26,501,034 | -11,335,279 | 11,724,358 | -7,865 | -4,004 | -56,480 | 59,527 | 9,854 | -13,882 | -62,046 | 80,657 |
| overdraft | 0 | 0 | -118 | 118 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 26,501,034 | -11,335,279 | 11,724,476 | -7,983 | -4,004 | -56,480 | 59,527 | 9,854 | -13,882 | -62,046 | 80,657 |
greencore homes ltd Credit Report and Business Information
Greencore Homes Ltd Competitor Analysis
Perform a competitor analysis for greencore homes ltd by selecting its closest rivals, whether from the CONSTRUCTION sector, other small companies, companies in OX26 area or any other competitors across 12 key performance metrics.
greencore homes ltd Ownership
GREENCORE HOMES LTD group structure
Greencore Homes Ltd has 6 subsidiary companies.
Ultimate parent company
GREENCORE HOMES LTD
08754406
6 subsidiaries
greencore homes ltd directors
Greencore Homes Ltd currently has 7 directors. The longest serving directors include Mr Ian Pritchett (Oct 2013) and Mr Martin Pike (Nov 2013).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Ian Pritchett | United Kingdom | 61 years | Oct 2013 | - | Director |
| Mr Martin Pike | United Kingdom | 63 years | Nov 2013 | - | Director |
| Mr Zachary Webb | United Kingdom | 41 years | Jan 2022 | - | Director |
| Mr Alexander Greaves | United Kingdom | 49 years | Jan 2022 | - | Director |
| Mr Alexander Greaves | United Kingdom | 49 years | Jan 2022 | - | Director |
| Mr Jonathan Di-Stefano | England | 50 years | Nov 2022 | - | Director |
| Ms Elizabeth Peace | England | 72 years | Aug 2023 | - | Director |
P&L
June 2024turnover
3.9m
+569%
operating profit
-6.8m
+72%
gross margin
2.1%
-101.79%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
June 2024net assets
30m
+3.57%
total assets
39.5m
+1.94%
cash
26.9m
+67.12%
net assets
Total assets minus all liabilities
Similar Companies
greencore homes ltd company details
company number
08754406
Type
Private limited with Share Capital
industry
41202 - Construction of domestic buildings
41201 - Construction of commercial buildings
incorporation date
October 2013
age
12
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
June 2024
previous names
greencore construction ltd (September 2023)
accountant
-
auditor
FORVIS MAZARS LLP
address
unit 1 bicester park, charbridge way, bicester, OX26 4SS
Bank
-
Legal Advisor
-
greencore homes 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 4 charges/mortgages relating to greencore homes ltd. Currently there are 1 open charges and 3 have been satisfied in the past.
greencore homes 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.
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greencore homes ltd Companies House Filings - See Documents
| date | description | view/download |
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