north east wales homes limited
north east wales homes limited Company Information
Company Number
08977141
Next Accounts
Dec 2025
Industry
Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.
Shareholders
flintshire county council
Group Structure
View All
Contact
Registered Address
county offices chapel street, flint, flintshire, CH6 5BD
Website
acnew.org.uknorth east wales homes limited Estimated Valuation
Pomanda estimates the enterprise value of NORTH EAST WALES HOMES LIMITED at £1.6m based on a Turnover of £448.4k and 3.51x industry multiple (adjusted for size and gross margin).
north east wales homes limited Estimated Valuation
Pomanda estimates the enterprise value of NORTH EAST WALES HOMES LIMITED at £10.5m based on an EBITDA of £1.4m and a 7.24x industry multiple (adjusted for size and gross margin).
north east wales homes limited Estimated Valuation
Pomanda estimates the enterprise value of NORTH EAST WALES HOMES LIMITED at £32.1m based on Net Assets of £18.5m and 1.74x industry multiple (adjusted for liquidity).
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North East Wales Homes Limited Overview
North East Wales Homes Limited is a live company located in flintshire, CH6 5BD with a Companies House number of 08977141. It operates in the other letting and operating of own or leased real estate sector, SIC Code 68209. Founded in April 2014, it's largest shareholder is flintshire county council with a 100% stake. North East Wales Homes Limited is a established, micro sized company, Pomanda has estimated its turnover at £448.4k with healthy growth in recent years.
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North East Wales Homes Limited Health Check
Pomanda's financial health check has awarded North East Wales Homes Limited a 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
3 Regular
3 Weak
Size
annual sales of £448.4k, make it smaller than the average company (£914.5k)
- North East Wales Homes Limited
£914.5k - Industry AVG
Growth
3 year (CAGR) sales growth of 9%, show it is growing at a faster rate (5%)
- North East Wales Homes Limited
5% - Industry AVG
Production
with a gross margin of 75.9%, this company has a comparable cost of product (75.9%)
- North East Wales Homes Limited
75.9% - Industry AVG
Profitability
an operating margin of 322.4% make it more profitable than the average company (30.5%)
- North East Wales Homes Limited
30.5% - Industry AVG
Employees
with 3 employees, this is below the industry average (4)
- North East Wales Homes Limited
4 - Industry AVG
Pay Structure
on an average salary of £32.6k, the company has an equivalent pay structure (£32.6k)
- North East Wales Homes Limited
£32.6k - Industry AVG
Efficiency
resulting in sales per employee of £149.5k, this is less efficient (£181.4k)
- North East Wales Homes Limited
£181.4k - Industry AVG
Debtor Days
it gets paid by customers after 27 days, this is near the average (30 days)
- North East Wales Homes Limited
30 days - Industry AVG
Creditor Days
its suppliers are paid after 851 days, this is slower than average (38 days)
- North East Wales Homes Limited
38 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- North East Wales Homes Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 110 weeks, this is more cash available to meet short term requirements (12 weeks)
110 weeks - North East Wales Homes Limited
12 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 44.8%, this is a lower level of debt than the average (63.4%)
44.8% - North East Wales Homes Limited
63.4% - Industry AVG
NORTH EAST WALES HOMES LIMITED financials
North East Wales Homes Limited's latest turnover from March 2024 is estimated at £448.4 thousand and the company has net assets of £18.5 million. According to their latest financial statements, we estimate that North East Wales Homes Limited has 3 employees and maintains cash reserves of £1.5 million 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 | Mar 2017 | Mar 2016 | Mar 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 690,877 | 642,944 | 380,995 | 5,159 | ||||||
| Other Income Or Grants | 0 | 0 | 0 | |||||||
| Cost Of Sales | 0 | 0 | 0 | |||||||
| Gross Profit | 690,877 | 642,944 | 380,995 | |||||||
| Admin Expenses | 189,852 | 269,246 | 159,471 | |||||||
| Operating Profit | 501,025 | 373,698 | 221,524 | 18,617 | ||||||
| Interest Payable | 277,893 | 184,362 | 99,823 | 0 | ||||||
| Interest Receivable | 122 | 130 | 110 | 0 | ||||||
| Pre-Tax Profit | 223,254 | 189,466 | 121,811 | 18,361 | ||||||
| Tax | -21,331 | -39,907 | -23,144 | -3,672 | ||||||
| Profit After Tax | 201,923 | 149,559 | 98,667 | 14,689 | ||||||
| Dividends Paid | 0 | 0 | 0 | 0 | ||||||
| Retained Profit | 201,923 | 149,559 | 98,667 | 14,689 | ||||||
| Employee Costs | 0 | 0 | 0 | |||||||
| Number Of Employees | ||||||||||
| EBITDA* | 501,025 | 373,698 | 221,524 | 18,617 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 31,884,002 | 28,703,002 | 28,703,002 | 25,639,875 | 19,532,666 | 14,936,043 | 13,100,676 | 8,450,742 | 3,119,900 | 2,145,000 |
| 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 | 31,884,002 | 28,703,002 | 28,703,002 | 25,639,875 | 19,532,666 | 14,936,043 | 13,100,676 | 8,450,742 | 3,119,900 | 2,145,000 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 33,643 | 32,767 | 26,247 | 26,161 | 24,340 | 24,485 | 17,887 | 6,191 | 7,017 | 3,736 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 1 | 1 | 0 | 401 | 29,303 | 1,734 | 2,309 | 7,843 | 271 | 400 |
| Cash | 1,535,780 | 1,411,860 | 1,359,773 | 1,795,441 | 1,196,825 | 590,802 | 407,071 | 211,343 | 133,607 | 84,743 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 1,569,424 | 1,444,628 | 1,386,020 | 1,822,003 | 1,250,468 | 617,021 | 427,267 | 225,377 | 140,895 | 88,879 |
| total assets | 33,453,426 | 30,147,630 | 30,089,022 | 27,461,878 | 20,783,134 | 15,553,064 | 13,527,943 | 8,676,119 | 3,260,795 | 2,233,879 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 251,461 | 244,300 | 214,952 | 251,705 | 155,845 | 126,177 | 409,205 | 185,349 | 1,092 | 120 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 102,287 | 97,711 | 92,023 | 87,248 | 46,068 | 32,282 | 6,969,121 | 3,413,634 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 366,754 | 343,085 | 350,844 | 943,530 | 1,334,969 | 379,363 | 101,195 | 465,847 | 100,343 | 61,585 |
| total current liabilities | 720,502 | 685,096 | 657,819 | 1,282,483 | 1,536,882 | 537,822 | 7,479,521 | 4,064,830 | 101,435 | 61,705 |
| loans | 9,900,328 | 10,002,615 | 10,036,897 | 9,686,901 | 6,772,645 | 5,353,963 | 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 | 1,071,334 | 471,529 | 0 | 0 | 4,165 | 12,499 |
| provisions | 4,372,158 | 3,576,908 | 3,594,941 | 2,247,209 | 1,581,750 | 1,155,719 | 1,130,564 | 922,374 | 623,976 | 429,000 |
| total long term liabilities | 14,272,486 | 13,579,523 | 13,631,838 | 11,934,110 | 9,425,729 | 6,981,211 | 1,130,564 | 922,374 | 628,141 | 441,499 |
| total liabilities | 14,992,988 | 14,264,619 | 14,289,657 | 13,216,593 | 10,962,611 | 7,519,033 | 8,610,085 | 4,987,204 | 729,576 | 503,204 |
| net assets | 18,460,438 | 15,883,011 | 15,799,365 | 14,245,285 | 9,820,523 | 8,034,031 | 4,917,858 | 3,688,915 | 2,531,219 | 1,730,675 |
| total shareholders funds | 18,460,438 | 15,883,011 | 15,799,365 | 14,245,285 | 9,820,523 | 8,034,031 | 4,917,858 | 3,688,915 | 2,531,219 | 1,730,675 |
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||
| Operating Profit | 501,025 | 373,698 | 221,524 | 18,617 | ||||||
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | -21,331 | -39,907 | -23,144 | -3,672 | ||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 876 | 6,521 | -315 | -27,081 | 27,424 | 6,023 | 6,162 | 6,746 | 3,152 | 4,136 |
| Creditors | 7,161 | 29,348 | -36,753 | 95,860 | 29,668 | -283,028 | 223,856 | 184,257 | 972 | 120 |
| Accruals and Deferred Income | 23,669 | -7,759 | -592,686 | -391,439 | 955,606 | 278,168 | -364,652 | 365,504 | 38,758 | 61,585 |
| Deferred Taxes & Provisions | 795,250 | -18,033 | 1,347,732 | 665,459 | 426,031 | 25,155 | 208,190 | 298,398 | 194,976 | 429,000 |
| Cash flow from operations | 1,863,575 | 348,063 | 501,514 | |||||||
| 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 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 4,576 | 5,688 | 4,775 | 41,180 | 13,786 | -6,936,839 | 3,555,487 | 3,413,634 | 0 | 0 |
| Long term loans | -102,287 | -34,282 | 349,996 | 2,914,256 | 1,418,682 | 5,353,963 | 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 | -1,071,334 | 599,805 | 471,529 | 0 | -4,165 | -8,334 | 12,499 |
| share issue | ||||||||||
| interest | -277,771 | -184,232 | -99,713 | 0 | ||||||
| cash flow from financing | 3,339,071 | 1,671,035 | 4,586,050 | 1,728,485 | ||||||
| cash and cash equivalents | ||||||||||
| cash | 123,920 | 52,087 | -435,668 | 598,616 | 606,023 | 183,731 | 195,728 | 77,736 | 48,864 | 84,743 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 123,920 | 52,087 | -435,668 | 598,616 | 606,023 | 183,731 | 195,728 | 77,736 | 48,864 | 84,743 |
north east wales homes limited Credit Report and Business Information
North East Wales Homes Limited Competitor Analysis
Perform a competitor analysis for north east wales homes limited by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other micro companies, companies in CH6 area or any other competitors across 12 key performance metrics.
north east wales homes limited Ownership
NORTH EAST WALES HOMES LIMITED group structure
North East Wales Homes Limited has no subsidiary companies.
Ultimate parent company
FLINTSHIRE COUNTY COUNCIL
#0016185
1 parent
NORTH EAST WALES HOMES LIMITED
08977141
north east wales homes limited directors
North East Wales Homes Limited currently has 4 directors. The longest serving directors include Mrs Hilary McGuill (Oct 2016) and Mr Geoffrey Davies (Jul 2020).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mrs Hilary McGuill | Wales | 75 years | Oct 2016 | - | Director |
| Mr Geoffrey Davies | Wales | 57 years | Jul 2020 | - | Director |
| Mr Edward Palmer | Wales | 69 years | Jul 2022 | - | Director |
| Mr Glyn Banks | Wales | 61 years | Jul 2022 | - | Director |
P&L
March 2024turnover
448.4k
0%
operating profit
1.4m
0%
gross margin
76%
+2.27%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2024net assets
18.5m
+0.16%
total assets
33.5m
+0.11%
cash
1.5m
+0.09%
net assets
Total assets minus all liabilities
north east wales homes limited company details
company number
08977141
Type
Private limited with Share Capital
industry
68209 - Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.
incorporation date
April 2014
age
10
incorporated
UK
ultimate parent company
accounts
Small Company
last accounts submitted
March 2024
previous names
N/A
accountant
WR PARTNERS
auditor
-
address
county offices chapel street, flint, flintshire, CH6 5BD
Bank
-
Legal Advisor
-
north east wales 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 7 charges/mortgages relating to north east wales homes limited. Currently there are 7 open charges and 0 have been satisfied in the past.
north east wales homes limited 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 NORTH EAST WALES HOMES LIMITED. This can take several minutes, an email will notify you when this has completed.
north east wales homes limited Companies House Filings - See Documents
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