formation homes (london) limited
formation homes (london) limited Company Information
Company Number
08970378
Website
www.formationgroupplc.comRegistered Address
oakwood house, 414 - 422 hackney road, london, E2 7SY
Industry
Specialised construction activities (other than scaffold erection) n.e.c.
Telephone
02079207590
Next Accounts Due
May 2025
Group Structure
View All
Shareholders
formation group plc 100%
formation homes (london) limited Estimated Valuation
Pomanda estimates the enterprise value of FORMATION HOMES (LONDON) LIMITED at £0 based on a Turnover of £0 and 0.41x industry multiple (adjusted for size and gross margin).
formation homes (london) limited Estimated Valuation
Pomanda estimates the enterprise value of FORMATION HOMES (LONDON) LIMITED at £0 based on an EBITDA of £-282 and a 3.88x industry multiple (adjusted for size and gross margin).
formation homes (london) limited Estimated Valuation
Pomanda estimates the enterprise value of FORMATION HOMES (LONDON) LIMITED at £3.6k based on Net Assets of £8.8k and 0.41x industry multiple (adjusted for liquidity).
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Formation Homes (london) Limited Overview
Formation Homes (london) Limited is a live company located in london, E2 7SY with a Companies House number of 08970378. It operates in the other specialised construction activities n.e.c. sector, SIC Code 43999. Founded in April 2014, it's largest shareholder is formation group plc with a 100% stake. Formation Homes (london) Limited is a established, unknown sized company, Pomanda has estimated its turnover at £0 with unknown growth in recent years.
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Formation Homes (london) Limited Health Check
Pomanda's financial health check has awarded Formation Homes (London) Limited a 2 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 0 areas for improvement. Company Health Check FAQs
2 Strong
0 Regular
0 Weak
Size
There is insufficient data available for this Key Performance Indicator!
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- - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
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- - Industry AVG
Production
There is insufficient data available for this Key Performance Indicator!
- Formation Homes (london) Limited
- - Industry AVG
Profitability
There is insufficient data available for this Key Performance Indicator!
- Formation Homes (london) Limited
- - Industry AVG
Employees
There is insufficient data available for this Key Performance Indicator!
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- - Industry AVG
Pay Structure
There is insufficient data available for this Key Performance Indicator!
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- - Industry AVG
Efficiency
There is insufficient data available for this Key Performance Indicator!
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- - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
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- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
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- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
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- - Industry AVG
Cash Balance
has cash to cover current liabilities for 22612 weeks, this is more cash available to meet short term requirements (19 weeks)
- - Formation Homes (london) Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 0.2%, this is a lower level of debt than the average (62%)
- - Formation Homes (london) Limited
- - Industry AVG
FORMATION HOMES (LONDON) LIMITED financials
Formation Homes (London) Limited's latest turnover from August 2023 is estimated at 0 and the company has net assets of £8.8 thousand. According to their latest financial statements, we estimate that Formation Homes (London) Limited has no employees and maintains cash reserves of £5.7 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Aug 2023 | Aug 2022 | Aug 2021 | Aug 2020 | Aug 2019 | Aug 2018 | Aug 2017 | Aug 2016 | Aug 2015 | Aug 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 0 | 166,032 | 1,360,717 | 6,820,002 | 6,053,679 | 0 | 0 | |||
| Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 | ||||
| Cost Of Sales | 0 | 161,809 | 1,326,859 | 6,275,060 | 5,245,528 | 0 | ||||
| Gross Profit | 0 | 4,223 | 33,858 | 544,942 | 808,151 | 0 | ||||
| Admin Expenses | 2,613 | 2,542 | 32,477 | 21,472 | 11,179 | 2,772 | ||||
| Operating Profit | -2,613 | 1,681 | 1,381 | 523,470 | 796,972 | -2,772 | -15 | |||
| Interest Payable | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||
| Interest Receivable | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||
| Pre-Tax Profit | -2,613 | 1,681 | 1,381 | 523,470 | 796,972 | -2,772 | -15 | |||
| Tax | 0 | 0 | 0 | 0 | -159,394 | 0 | 0 | |||
| Profit After Tax | -2,613 | 1,681 | 1,381 | 523,470 | 637,578 | -2,772 | -15 | |||
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||
| Retained Profit | -2,613 | 1,681 | 1,381 | 523,470 | 637,578 | -2,772 | -15 | |||
| Employee Costs | 0 | 0 | 0 | 0 | 0 | |||||
| Number Of Employees | ||||||||||
| EBITDA* | -2,613 | 1,681 | 1,381 | 523,470 | 796,972 | -2,772 | -15 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Aug 2023 | Aug 2022 | Aug 2021 | Aug 2020 | Aug 2019 | Aug 2018 | Aug 2017 | Aug 2016 | Aug 2015 | Aug 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 156,000 | 1,426,520 | 7,295,074 | 8,955,683 | 707,446 |
| Trade Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group Debtors | 3,114 | 3,114 | 3,114 | 0 | 0 | 1,013,576 | 42,472 | 0 | 0 | 0 |
| Misc Debtors | 2 | 2 | 2 | 1,153,599 | 919,184 | 3,433 | 95,059 | 93,282 | 93,254 | 18,295 |
| Cash | 5,653 | 5,653 | 5,653 | 5,153 | 244,641 | 3,225 | 17,971 | 13,756 | 12,916 | 0 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 8,769 | 8,769 | 8,769 | 1,158,752 | 1,163,825 | 1,176,234 | 1,582,022 | 7,402,112 | 9,061,853 | 725,741 |
| total assets | 8,769 | 8,769 | 8,769 | 1,158,752 | 1,163,825 | 1,176,234 | 1,582,022 | 7,402,112 | 9,061,853 | 725,741 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 3,313,888 | 5,616,215 | 0 |
| Trade Creditors | 0 | 0 | 0 | 40 | 0 | 8,290 | 7,609 | 796 | 14,418 | 43,682 |
| Group/Directors Accounts | 13 | 13 | 13 | 0 | 0 | 0 | 250,650 | 3,271,792 | 3,106,402 | 682,072 |
| 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 | 0 | 0 | 0 | 0 | 2,500 | 8,300 | 5,500 | 180,843 | 327,603 | 0 |
| total current liabilities | 13 | 13 | 13 | 40 | 2,500 | 16,590 | 263,759 | 6,767,319 | 9,064,638 | 725,754 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 160,000 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 160,000 | 0 | 0 | 0 |
| total liabilities | 13 | 13 | 13 | 40 | 2,500 | 16,590 | 423,759 | 6,767,319 | 9,064,638 | 725,754 |
| net assets | 8,756 | 8,756 | 8,756 | 1,158,712 | 1,161,325 | 1,159,644 | 1,158,263 | 634,793 | -2,785 | -13 |
| total shareholders funds | 8,756 | 8,756 | 8,756 | 1,158,712 | 1,161,325 | 1,159,644 | 1,158,263 | 634,793 | -2,785 | -13 |
| Aug 2023 | Aug 2022 | Aug 2021 | Aug 2020 | Aug 2019 | Aug 2018 | Aug 2017 | Aug 2016 | Aug 2015 | Aug 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||
| Operating Profit | -2,613 | 1,681 | 1,381 | 523,470 | 796,972 | -2,772 | -15 | |||
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | 0 | 0 | 0 | 0 | -159,394 | 0 | 0 | |||
| Stock | 0 | 0 | 0 | 0 | -156,000 | -1,270,520 | -5,868,554 | -1,660,609 | 8,248,237 | 707,446 |
| Debtors | 0 | 0 | -1,150,483 | 234,415 | -97,825 | 879,478 | 44,249 | 28 | 74,959 | 18,295 |
| Creditors | 0 | 0 | -40 | 40 | -8,290 | 681 | 6,813 | -13,622 | -29,264 | 43,682 |
| Accruals and Deferred Income | 0 | 0 | 0 | -2,500 | -5,800 | 2,800 | -175,343 | -146,760 | 327,603 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | -160,000 | 160,000 | 0 | 0 | 0 |
| Cash flow from operations | -239,488 | 241,416 | 235,904 | 6,339,245 | 2,137,777 | -8,027,629 | -682,074 | |||
| Investing Activities | ||||||||||
| capital expenditure | ||||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | ||||||||||
| Financing Activities | ||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | -3,313,888 | -2,302,327 | 5,616,215 | 0 |
| Group/Directors Accounts | 0 | 0 | 13 | 0 | 0 | -250,650 | -3,021,142 | 165,390 | 2,424,330 | 682,072 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 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 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||||||
| interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||
| cash flow from financing | 0 | 0 | -250,650 | -6,335,030 | -2,136,937 | 8,040,545 | 682,074 | |||
| cash and cash equivalents | ||||||||||
| cash | 0 | 0 | 500 | -239,488 | 241,416 | -14,746 | 4,215 | 840 | 12,916 | 0 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 0 | 0 | 500 | -239,488 | 241,416 | -14,746 | 4,215 | 840 | 12,916 | 0 |
formation homes (london) limited Credit Report and Business Information
Formation Homes (london) Limited Competitor Analysis
Perform a competitor analysis for formation homes (london) limited by selecting its closest rivals, whether from the CONSTRUCTION sector, other established companies, companies in E 2 area or any other competitors across 12 key performance metrics.
formation homes (london) limited Ownership
FORMATION HOMES (LONDON) LIMITED group structure
Formation Homes (London) Limited has no subsidiary companies.
Ultimate parent company
ZANDRA HOLDINGS LTD
#0150457
2 parents
FORMATION HOMES (LONDON) LIMITED
08970378
formation homes (london) limited directors
Formation Homes (London) Limited currently has 3 directors. The longest serving directors include Mr David Kennedy (Apr 2014) and Mr Richard O'Carroll (Apr 2014).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr David Kennedy | 46 years | Apr 2014 | - | Director | |
| Mr Richard O'Carroll | 64 years | Apr 2014 | - | Director | |
| Mr Patrick Kennedy | 43 years | Sep 2016 | - | Director |
P&L
August 2023turnover
0
0%
operating profit
-282.7
0%
gross margin
0%
0%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
August 2023net assets
8.8k
0%
total assets
8.8k
0%
cash
5.7k
0%
net assets
Total assets minus all liabilities
formation homes (london) limited company details
company number
08970378
Type
Private limited with Share Capital
industry
43999 - Specialised construction activities (other than scaffold erection) n.e.c.
incorporation date
April 2014
age
10
incorporated
UK
accounts
Dormant
ultimate parent company
previous names
N/A
last accounts submitted
August 2023
address
oakwood house, 414 - 422 hackney road, london, E2 7SY
accountant
-
auditor
-
formation homes (london) 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 did not find charges/mortgages relating to formation homes (london) limited.
formation homes (london) limited Companies House Filings - See Documents
| date | description | view/download |
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