loddon homes limited
loddon homes limited Company Information
Company Number
08847846
Website
loddonhomes.co.ukRegistered Address
council offices shute end, wokingham, berkshire, RG40 1BN
Industry
Renting and operating of Housing Association real estate
Buying and selling of own real estate
Telephone
441189088479
Next Accounts Due
December 2024
Group Structure
View All
Shareholders
wbc (holdings) limited 100%
loddon homes limited Estimated Valuation
Pomanda estimates the enterprise value of LODDON HOMES LIMITED at £8.6m based on a Turnover of £2.6m and 3.33x industry multiple (adjusted for size and gross margin).
loddon homes limited Estimated Valuation
Pomanda estimates the enterprise value of LODDON HOMES LIMITED at £7.8m based on an EBITDA of £1.1m and a 7.36x industry multiple (adjusted for size and gross margin).
loddon homes limited Estimated Valuation
Pomanda estimates the enterprise value of LODDON HOMES LIMITED at £0 based on Net Assets of £-423.9k and 1.59x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Loddon Homes Limited Overview
Loddon Homes Limited is a live company located in berkshire, RG40 1BN with a Companies House number of 08847846. It operates in the buying and selling of own real estate sector, SIC Code 68100. Founded in January 2014, it's largest shareholder is wbc (holdings) limited with a 100% stake. Loddon Homes Limited is a established, small sized company, Pomanda has estimated its turnover at £2.6m with high growth in recent years.
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Loddon Homes Limited Health Check
Pomanda's financial health check has awarded Loddon Homes Limited a 4 rating. We use a traffic light system to show it exceeds the industry average on 6 measures and has 4 areas for improvement. Company Health Check FAQs
6 Strong
1 Regular
4 Weak
Size
annual sales of £2.6m, make it larger than the average company (£1.3m)
£2.6m - Loddon Homes Limited
£1.3m - Industry AVG
Growth
3 year (CAGR) sales growth of 21%, show it is growing at a faster rate (2.3%)
21% - Loddon Homes Limited
2.3% - Industry AVG
Production
with a gross margin of 77.4%, this company has a lower cost of product (62.1%)
77.4% - Loddon Homes Limited
62.1% - Industry AVG
Profitability
an operating margin of 17.9% make it less profitable than the average company (24.5%)
17.9% - Loddon Homes Limited
24.5% - Industry AVG
Employees
with 13 employees, this is above the industry average (7)
13 - Loddon Homes Limited
7 - Industry AVG
Pay Structure
on an average salary of £16.8k, the company has a lower pay structure (£36.4k)
£16.8k - Loddon Homes Limited
£36.4k - Industry AVG
Efficiency
resulting in sales per employee of £199k, this is more efficient (£172.5k)
£199k - Loddon Homes Limited
£172.5k - Industry AVG
Debtor Days
it gets paid by customers after 35 days, this is later than average (21 days)
35 days - Loddon Homes Limited
21 days - Industry AVG
Creditor Days
its suppliers are paid after 22 days, this is quicker than average (28 days)
22 days - Loddon Homes Limited
28 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Loddon Homes Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 20 weeks, this is average cash available to meet short term requirements (18 weeks)
20 weeks - Loddon Homes Limited
18 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 101.3%, this is a higher level of debt than the average (64.1%)
101.3% - Loddon Homes Limited
64.1% - Industry AVG
LODDON HOMES LIMITED financials
Loddon Homes Limited's latest turnover from March 2023 is £2.6 million and the company has net assets of -£423.9 thousand. According to their latest financial statements, Loddon Homes Limited has 13 employees and maintains cash reserves of £1.5 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | |
|---|---|---|---|---|---|---|---|---|---|
| Turnover | 2,586,993 | 4,572,034 | 1,384,859 | 1,473,703 | 1,037,044 | 170,952 | 96,226 | 138,287 | 67,122 |
| Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | ||||
| Cost Of Sales | 584,346 | 2,490,840 | 454,702 | 529,308 | 500,402 | ||||
| Gross Profit | 2,002,647 | 2,081,194 | 930,157 | 944,395 | 536,642 | ||||
| Admin Expenses | 1,540,222 | 1,436,299 | 799,976 | 727,858 | 546,220 | ||||
| Operating Profit | 462,425 | 644,895 | 130,181 | 216,537 | -9,578 | -144,693 | -61,267 | -7,449 | |
| Interest Payable | 306,551 | 287,612 | 126,526 | 148,907 | 194,569 | 37,854 | 0 | 47,274 | 0 |
| Interest Receivable | 5,925 | 0 | 1 | 3 | 0 | 0 | 0 | 0 | 0 |
| Pre-Tax Profit | 161,799 | 357,283 | 3,656 | 67,633 | -204,147 | -144,693 | -61,267 | -47,274 | -249,818 |
| Tax | -1,190 | -239,637 | -216 | 278 | 0 | 0 | 0 | 0 | 0 |
| Profit After Tax | 160,609 | 117,646 | 3,440 | 67,911 | -204,147 | -144,693 | -61,267 | -47,274 | -249,818 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Retained Profit | 160,609 | 117,646 | 3,440 | 67,911 | -204,147 | -144,693 | -61,267 | -47,274 | -249,818 |
| Employee Costs | 218,875 | 177,659 | 110,636 | 219,311 | 282,131 | 69,383 | 0 | 0 | |
| Number Of Employees | 13 | 9 | 9 | 9 | 2 | 2 | 5 | ||
| EBITDA* | 1,062,796 | 1,079,763 | 444,963 | 488,861 | 227,701 | -51,562 | -23,208 | 45,913 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | |
|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 32,113,107 | 32,565,101 | 26,104,316 | 22,176,591 | 16,343,691 | 13,294,809 | 13,790,002 | 3,917,954 | 1,279,448 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 1,601,756 | 1,514,946 | 1,095,292 | 955,858 | 0 | 0 | 0 | 1,987,513 | 0 |
| Total Fixed Assets | 32,111,001 | 32,561,805 | 26,101,174 | 22,173,233 | 16,343,691 | 13,294,809 | 13,790,002 | 3,917,954 | 1,279,448 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 130,900 | 0 | 0 | 24,476 |
| Trade Debtors | 252,395 | 315,094 | 266,010 | 181,346 | 167,839 | 0 | 0 | 0 | 0 |
| Group Debtors | 37,662 | 232,482 | 232,482 | 68,824 | 330,544 | 104,670 | 83,339 | 85,852 | 0 |
| Misc Debtors | 46,886 | 26,958 | 1,326,365 | 10,892 | 5,588 | 929,471 | 5,251 | 8,856 | 0 |
| Cash | 1,548,356 | 3,862,984 | 1,492,437 | 1,159,083 | 240,828 | 224,979 | 34,230 | 54,157 | 35,618 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 501,542 | 0 | 0 | 0 |
| total current assets | 1,885,299 | 5,004,872 | 5,886,079 | 2,459,095 | 1,399,299 | 1,891,562 | 122,820 | 148,865 | 60,094 |
| total assets | 33,996,300 | 37,566,677 | 31,987,253 | 24,632,328 | 17,742,990 | 15,186,371 | 13,912,822 | 4,066,819 | 1,339,542 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 35,466 | 146,446 | 31,075 | 12,890 | 155,365 | 144,709 | 5,187 | 6,236 | 408 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 11,618 | 11,275 | 10,942 | 11,529 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 3,962,379 | 6,186,924 | 5,067,485 | 4,054,560 | 3,066,779 | 3,287,585 | 2,445,894 | 1,691,128 | 1,588,951 |
| total current liabilities | 4,009,463 | 6,344,645 | 5,109,502 | 4,078,979 | 3,222,144 | 3,432,294 | 2,451,081 | 1,697,364 | 1,589,359 |
| loans | 272,404 | 295,640 | 318,190 | 338,208 | 30,562,530 | 16,250,983 | 22,299,238 | 3,975,026 | 0 |
| hp & lease commitments | 136,202 | 147,820 | 159,095 | 169,104 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 21,372,187 | 15,327,756 | 13,779,082 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 30,274,579 | 10,286,578 | 12,093,100 | 7,310,802 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 30,410,781 | 31,806,585 | 27,579,951 | 21,258,988 | 15,281,265 | 12,310,349 | 11,149,619 | 1,987,513 | 0 |
| total liabilities | 34,420,244 | 38,151,230 | 32,689,453 | 25,337,967 | 18,503,409 | 15,742,643 | 13,600,700 | 3,684,877 | 1,589,359 |
| net assets | -423,944 | -584,553 | -702,200 | -705,639 | -760,419 | -556,272 | 312,122 | 381,942 | -249,817 |
| total shareholders funds | -423,944 | -584,553 | -702,200 | -705,639 | -760,419 | -556,272 | 312,122 | 381,942 | -249,817 |
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | |
|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||
| Operating Profit | 462,425 | 644,895 | 130,181 | 216,537 | -9,578 | -144,693 | -61,267 | -7,449 | |
| Depreciation | 600,371 | 434,868 | 314,782 | 272,324 | 237,279 | 93,131 | 38,059 | 53,362 | 27,013 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | -1,190 | -239,637 | -216 | 278 | 0 | 0 | 0 | 0 | 0 |
| Stock | 0 | 0 | 0 | 0 | -130,900 | 130,900 | 0 | -24,476 | 24,476 |
| Debtors | -150,781 | -830,669 | 1,703,229 | 712,949 | -530,170 | 945,551 | -1,993,631 | 2,082,221 | 0 |
| Creditors | -110,980 | 115,371 | 18,185 | -142,475 | 10,656 | 139,522 | -1,049 | 5,828 | 408 |
| Accruals and Deferred Income | -23,596,732 | 7,163,870 | 2,561,599 | 14,766,863 | -220,806 | 841,691 | 754,766 | 102,177 | 1,588,951 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | -22,495,325 | 8,950,036 | 1,321,302 | 14,400,578 | 678,621 | -146,800 | 2,724,140 | -1,903,827 | |
| Investing Activities | |||||||||
| capital expenditure | |||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | |||||||||
| Financing Activities | |||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | -23,236 | -22,550 | -20,018 | -30,224,322 | 14,311,547 | -6,048,255 | 18,324,212 | 3,975,026 | 0 |
| Hire Purchase and Lease Commitments | -11,275 | -10,942 | -10,596 | 180,633 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 19,988,001 | -1,806,522 | 4,782,298 | 7,310,802 | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||||||
| interest | -300,626 | -287,612 | -126,525 | -148,904 | -194,569 | -37,854 | 0 | -47,274 | 0 |
| cash flow from financing | 19,652,864 | -2,127,625 | 4,625,158 | -22,894,922 | 14,116,978 | -6,809,810 | 18,315,659 | 4,606,785 | 1 |
| cash and cash equivalents | |||||||||
| cash | -2,314,628 | 2,370,547 | 333,354 | 918,255 | 15,849 | 190,749 | -19,927 | 18,539 | 35,618 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -2,314,628 | 2,370,547 | 333,354 | 918,255 | 15,849 | 190,749 | -19,927 | 18,539 | 35,618 |
loddon homes limited Credit Report and Business Information
Loddon Homes Limited Competitor Analysis
Perform a competitor analysis for loddon homes limited by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other small companies, companies in RG40 area or any other competitors across 12 key performance metrics.
loddon homes limited Ownership
LODDON HOMES LIMITED group structure
Loddon Homes Limited has no subsidiary companies.
Ultimate parent company
WOKINGHAM BOROUGH COUNCIL
#0072590
2 parents
LODDON HOMES LIMITED
08847846
loddon homes limited directors
Loddon Homes Limited currently has 8 directors. The longest serving directors include Mr John Halsall (Jan 2014) and Mr Derek Cash (Sep 2019).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr John Halsall | United Kingdom | 74 years | Jan 2014 | - | Director |
| Mr Derek Cash | United Kingdom | 70 years | Sep 2019 | - | Director |
| Mr Simon Dale | 61 years | Apr 2023 | - | Director | |
| Mr Stephen Bailey | 61 years | May 2023 | - | Director | |
| Mr George Framalicco | 51 years | Jul 2024 | - | Director | |
| Mr Damien Wilson | 47 years | Jul 2024 | - | Director | |
| Mr Mark Thompson | 37 years | Jul 2024 | - | Director | |
| Mrs Annex Leotta | 50 years | Jul 2024 | - | Director |
P&L
March 2023turnover
2.6m
-43%
operating profit
462.4k
-28%
gross margin
77.5%
+70.06%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2023net assets
-423.9k
-0.27%
total assets
34m
-0.1%
cash
1.5m
-0.6%
net assets
Total assets minus all liabilities
Similar Companies
loddon homes limited company details
company number
08847846
Type
Private limited with Share Capital
industry
68201 - Renting and operating of Housing Association real estate
68100 - Buying and selling of own real estate
incorporation date
January 2014
age
10
incorporated
UK
accounts
Full Accounts
ultimate parent company
previous names
N/A
last accounts submitted
March 2023
address
council offices shute end, wokingham, berkshire, RG40 1BN
accountant
-
auditor
HASLERS
loddon homes 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 8 charges/mortgages relating to loddon homes limited. Currently there are 8 open charges and 0 have been satisfied in the past.
loddon homes limited Companies House Filings - See Documents
| date | description | view/download |
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