southcott homes (fareham) limited
southcott homes (fareham) limited Company Information
Company Number
08993556
Website
www.southcotthomes.co.ukRegistered Address
the gables, calcot mount business park, calc, southampton, hampshire, SO32 2BN
Industry
Construction of domestic buildings
Telephone
01489780087
Next Accounts Due
August 2025
Group Structure
View All
Directors
Andrew Southcott10 Years
Shareholders
southcott estates ltd 100%
southcott homes (fareham) limited Estimated Valuation
Pomanda estimates the enterprise value of SOUTHCOTT HOMES (FAREHAM) LIMITED at £720.3k based on a Turnover of £1.4m and 0.53x industry multiple (adjusted for size and gross margin).
southcott homes (fareham) limited Estimated Valuation
Pomanda estimates the enterprise value of SOUTHCOTT HOMES (FAREHAM) LIMITED at £247.6k based on an EBITDA of £61.7k and a 4.01x industry multiple (adjusted for size and gross margin).
southcott homes (fareham) limited Estimated Valuation
Pomanda estimates the enterprise value of SOUTHCOTT HOMES (FAREHAM) LIMITED at £3.5m based on Net Assets of £2.6m and 1.36x industry multiple (adjusted for liquidity).
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Southcott Homes (fareham) Limited Overview
Southcott Homes (fareham) Limited is a live company located in southampton, SO32 2BN with a Companies House number of 08993556. It operates in the construction of domestic buildings sector, SIC Code 41202. Founded in April 2014, it's largest shareholder is southcott estates ltd with a 100% stake. Southcott Homes (fareham) Limited is a established, small sized company, Pomanda has estimated its turnover at £1.4m with rapid growth in recent years.
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Southcott Homes (fareham) Limited Health Check
Pomanda's financial health check has awarded Southcott Homes (Fareham) Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 6 measures and has 2 areas for improvement. Company Health Check FAQs
6 Strong
4 Regular
2 Weak
Size
annual sales of £1.4m, make it larger than the average company (£441.7k)
- Southcott Homes (fareham) Limited
£441.7k - Industry AVG
Growth
3 year (CAGR) sales growth of 32%, show it is growing at a faster rate (9.6%)
- Southcott Homes (fareham) Limited
9.6% - Industry AVG
Production
with a gross margin of 21%, this company has a comparable cost of product (21%)
- Southcott Homes (fareham) Limited
21% - Industry AVG
Profitability
an operating margin of 3% make it less profitable than the average company (5.2%)
- Southcott Homes (fareham) Limited
5.2% - Industry AVG
Employees
with 7 employees, this is above the industry average (3)
- Southcott Homes (fareham) Limited
3 - Industry AVG
Pay Structure
on an average salary of £41k, the company has an equivalent pay structure (£41k)
- Southcott Homes (fareham) Limited
£41k - Industry AVG
Efficiency
resulting in sales per employee of £193.8k, this is equally as efficient (£196.7k)
- Southcott Homes (fareham) Limited
£196.7k - Industry AVG
Debtor Days
it gets paid by customers after 0 days, this is earlier than average (24 days)
- Southcott Homes (fareham) Limited
24 days - Industry AVG
Creditor Days
its suppliers are paid after 96 days, this is slower than average (31 days)
- Southcott Homes (fareham) Limited
31 days - Industry AVG
Stock Days
it holds stock equivalent to 257 days, this is in line with average (278 days)
- Southcott Homes (fareham) Limited
278 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 7 weeks, this is less cash available to meet short term requirements (14 weeks)
7 weeks - Southcott Homes (fareham) Limited
14 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 18.9%, this is a lower level of debt than the average (73%)
18.9% - Southcott Homes (fareham) Limited
73% - Industry AVG
SOUTHCOTT HOMES (FAREHAM) LIMITED financials
Southcott Homes (Fareham) Limited's latest turnover from November 2023 is estimated at £1.4 million and the company has net assets of £2.6 million. According to their latest financial statements, we estimate that Southcott Homes (Fareham) Limited has 7 employees and maintains cash reserves of £80.9 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Nov 2023 | Nov 2022 | Dec 2021 | Dec 2020 | Jun 2019 | Jun 2018 | Jun 2017 | Jun 2016 | Jun 2015 | |
|---|---|---|---|---|---|---|---|---|---|
| Turnover | 10,291,788 | 14,073,401 | |||||||
| Other Income Or Grants | 0 | 0 | |||||||
| Cost Of Sales | 9,167,661 | 12,264,768 | |||||||
| Gross Profit | 1,124,127 | 1,808,633 | |||||||
| Admin Expenses | |||||||||
| Operating Profit | |||||||||
| Interest Payable | 0 | 0 | |||||||
| Interest Receivable | 0 | 0 | |||||||
| Pre-Tax Profit | -238,070 | 395,700 | |||||||
| Tax | 47,019 | -78,153 | |||||||
| Profit After Tax | -191,051 | 317,547 | |||||||
| Dividends Paid | 0 | 0 | |||||||
| Retained Profit | -191,051 | 317,547 | |||||||
| Employee Costs | |||||||||
| Number Of Employees | |||||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Nov 2023 | Nov 2022 | Dec 2021 | Dec 2020 | Jun 2019 | Jun 2018 | Jun 2017 | Jun 2016 | Jun 2015 | |
|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 68,235 | 86,951 | 22,869 | 0 | 0 | 0 | 0 | 0 | 0 |
| 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) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 68,235 | 86,951 | 22,869 | 0 | 0 | 0 | 0 | 0 | 0 |
| Stock & work in progress | 755,457 | 463,010 | 198,460 | 444,830 | 1,036,829 | 3,045,260 | 5,396,002 | 4,614,432 | 2,224,599 |
| Trade Debtors | 3,150 | 3,150 | 0 | 0 | 50,972 | 53,114 | 1,351,879 | 16,655 | 200,780 |
| Group Debtors | 1,969,482 | 1,571,685 | 963,942 | 714,507 | 0 | 0 | 0 | 35,000 | 0 |
| Misc Debtors | 337,623 | 735,502 | 516,292 | 582,442 | 56,239 | 2,089,725 | 3,430,179 | 33,744 | 0 |
| Cash | 80,905 | 4,859 | 99,533 | 129,057 | 22,501 | 117,900 | 925,755 | 270,441 | 105,479 |
| misc current assets | 0 | 0 | 532,989 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 3,146,617 | 2,778,206 | 2,311,216 | 1,870,836 | 1,166,541 | 5,305,999 | 11,103,815 | 4,970,272 | 2,530,858 |
| total assets | 3,214,852 | 2,865,157 | 2,334,085 | 1,870,836 | 1,166,541 | 5,305,999 | 11,103,815 | 4,970,272 | 2,530,858 |
| Bank overdraft | 0 | 0 | 0 | 50,000 | 0 | 1,587,278 | 4,329,696 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 283,195 | 23,660 | 67,745 | 65,410 | 16,757 | 324,612 | 1,125,716 | 476,763 | 1,683,089 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 1,427,208 | 2,872,615 | 4,234,509 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 21,832 | 21,202 | 4,140 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 262,489 | 182,431 | 230,000 | 235,936 | 223,208 | 375,686 | 1,077,035 | 4,474,197 | 0 |
| total current liabilities | 567,516 | 227,293 | 301,885 | 351,346 | 1,667,173 | 5,160,191 | 10,766,956 | 4,950,960 | 1,683,089 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 38,574 | 61,218 | 23,180 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 835,042 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 38,574 | 61,218 | 23,180 | 0 | 0 | 0 | 0 | 0 | 835,042 |
| total liabilities | 606,090 | 288,511 | 325,065 | 351,346 | 1,667,173 | 5,160,191 | 10,766,956 | 4,950,960 | 2,518,131 |
| net assets | 2,608,762 | 2,576,646 | 2,009,020 | 1,519,490 | -500,632 | 145,808 | 336,859 | 19,312 | 12,727 |
| total shareholders funds | 2,608,762 | 2,576,646 | 2,009,020 | 1,519,490 | -500,632 | 145,808 | 336,859 | 19,312 | 12,727 |
| Nov 2023 | Nov 2022 | Dec 2021 | Dec 2020 | Jun 2019 | Jun 2018 | Jun 2017 | Jun 2016 | Jun 2015 | |
|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||
| Operating Profit | |||||||||
| Depreciation | 21,006 | 6,836 | 5,787 | 0 | 0 | 0 | 0 | 0 | 0 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | 47,019 | -78,153 | |||||||
| Stock | 292,447 | 264,550 | -246,370 | -591,999 | -2,008,431 | -2,350,742 | 781,570 | 2,389,833 | 2,224,599 |
| Debtors | -82 | 830,103 | 183,285 | 1,189,738 | -2,035,628 | -2,639,219 | 4,696,659 | -115,381 | 200,780 |
| Creditors | 259,535 | -44,085 | 2,335 | 48,653 | -307,855 | -801,104 | 648,953 | -1,206,326 | 1,683,089 |
| Accruals and Deferred Income | 80,058 | -47,569 | -5,936 | 12,728 | -152,478 | -701,349 | -3,397,162 | 4,474,197 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | |||||||||
| Investing Activities | |||||||||
| capital expenditure | 2,622 | 5,700 | -8,322 | ||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | 2,622 | 5,700 | -8,322 | ||||||
| Financing Activities | |||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | -1,427,208 | -1,445,407 | -1,361,894 | 4,234,509 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | -22,014 | 55,100 | 27,320 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -835,042 | 835,042 |
| share issue | |||||||||
| interest | 0 | 0 | |||||||
| cash flow from financing | -1,361,894 | 4,234,509 | |||||||
| cash and cash equivalents | |||||||||
| cash | 76,046 | -94,674 | -29,524 | 106,556 | -95,399 | -807,855 | 655,314 | 164,962 | 105,479 |
| overdraft | 0 | 0 | -50,000 | 50,000 | -1,587,278 | -2,742,418 | 4,329,696 | 0 | 0 |
| change in cash | 76,046 | -94,674 | 20,476 | 56,556 | 1,491,879 | 1,934,563 | -3,674,382 | 164,962 | 105,479 |
southcott homes (fareham) limited Credit Report and Business Information
Southcott Homes (fareham) Limited Competitor Analysis
Perform a competitor analysis for southcott homes (fareham) limited by selecting its closest rivals, whether from the CONSTRUCTION sector, other small companies, companies in SO32 area or any other competitors across 12 key performance metrics.
southcott homes (fareham) limited Ownership
SOUTHCOTT HOMES (FAREHAM) LIMITED group structure
Southcott Homes (Fareham) Limited has no subsidiary companies.
Ultimate parent company
2 parents
SOUTHCOTT HOMES (FAREHAM) LIMITED
08993556
southcott homes (fareham) limited directors
Southcott Homes (Fareham) Limited currently has 1 director, Mr Andrew Southcott serving since Apr 2014.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Andrew Southcott | United Kingdom | 64 years | Apr 2014 | - | Director |
P&L
November 2023turnover
1.4m
+492%
operating profit
40.7k
0%
gross margin
21%
+3.56%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
November 2023net assets
2.6m
+0.01%
total assets
3.2m
+0.12%
cash
80.9k
+15.65%
net assets
Total assets minus all liabilities
southcott homes (fareham) limited company details
company number
08993556
Type
Private limited with Share Capital
industry
41202 - Construction of domestic buildings
incorporation date
April 2014
age
10
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
November 2023
previous names
N/A
accountant
TALBOT ACCOUNTING SOLUTIONS LLP
auditor
-
address
the gables, calcot mount business park, calc, southampton, hampshire, SO32 2BN
Bank
-
Legal Advisor
-
southcott homes (fareham) 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 11 charges/mortgages relating to southcott homes (fareham) limited. Currently there are 1 open charges and 10 have been satisfied in the past.
southcott homes (fareham) limited Companies House Filings - See Documents
| date | description | view/download |
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