chipping homes ltd

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chipping homes ltd Company Information

Share CHIPPING HOMES LTD

Company Number

09164137

Shareholders

ascalon properties limited

scpi bowland ltd

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Group Structure

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Industry

Buying and selling of own real estate

 

Registered Address

units a2-a6, edge fold industrial estate, plo, bolton, BL4 0LR

chipping homes ltd Estimated Valuation

£571.1k

Pomanda estimates the enterprise value of CHIPPING HOMES LTD at £571.1k based on a Turnover of £190.4k and 3x industry multiple (adjusted for size and gross margin).

chipping homes ltd Estimated Valuation

£0

Pomanda estimates the enterprise value of CHIPPING HOMES LTD at £0 based on an EBITDA of £-2.9k and a 6.35x industry multiple (adjusted for size and gross margin).

chipping homes ltd Estimated Valuation

£1.9k

Pomanda estimates the enterprise value of CHIPPING HOMES LTD at £1.9k based on Net Assets of £1.2k and 1.6x industry multiple (adjusted for liquidity).

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Chipping Homes Ltd Overview

Chipping Homes Ltd is a live company located in bolton, BL4 0LR with a Companies House number of 09164137. It operates in the buying and selling of own real estate sector, SIC Code 68100. Founded in August 2014, it's largest shareholder is ascalon properties limited with a 49.8% stake. Chipping Homes Ltd is a established, micro sized company, Pomanda has estimated its turnover at £190.4k with declining growth in recent years.

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Chipping Homes Ltd Health Check

Pomanda's financial health check has awarded Chipping Homes Ltd a 0.5 rating. We use a traffic light system to show it exceeds the industry average on 0 measures and has 8 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating0.5out of 5
positive_score

0 Strong

positive_score

2 Regular

positive_score

8 Weak

size

Size

annual sales of £190.4k, make it smaller than the average company (£939.2k)

£190.4k - Chipping Homes Ltd

£939.2k - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -16%, show it is growing at a slower rate (2.8%)

-16% - Chipping Homes Ltd

2.8% - Industry AVG

production

Production

with a gross margin of 70.3%, this company has a comparable cost of product (70.3%)

70.3% - Chipping Homes Ltd

70.3% - Industry AVG

profitability

Profitability

an operating margin of -1.5% make it less profitable than the average company (24%)

-1.5% - Chipping Homes Ltd

24% - Industry AVG

employees

Employees

with 2 employees, this is below the industry average (4)

2 - Chipping Homes Ltd

4 - Industry AVG

paystructure

Pay Structure

on an average salary of £38.2k, the company has an equivalent pay structure (£38.2k)

£38.2k - Chipping Homes Ltd

£38.2k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £95.2k, this is less efficient (£189.7k)

£95.2k - Chipping Homes Ltd

£189.7k - Industry AVG

debtordays

Debtor Days

There is insufficient data available for this Key Performance Indicator!

- - Chipping Homes Ltd

- - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 0 days, this is quicker than average (32 days)

0 days - Chipping Homes Ltd

32 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Chipping Homes Ltd

- - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (8 weeks)

0 weeks - Chipping Homes Ltd

8 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 96.2%, this is a higher level of debt than the average (64.1%)

96.2% - Chipping Homes Ltd

64.1% - Industry AVG

CHIPPING HOMES LTD financials

EXPORTms excel logo

Chipping Homes Ltd's latest turnover from December 2023 is estimated at £190.4 thousand and the company has net assets of £1.2 thousand. According to their latest financial statements, Chipping Homes Ltd has 2 employees and maintains cash reserves of £119 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Aug 2016Aug 2015
Turnover190,423187,638440,050318,777424,215
Other Income Or Grants
Cost Of Sales56,54056,842131,38093,169127,008
Gross Profit133,882130,796308,670225,608297,208
Admin Expenses136,80288,667-33,499196,264131,33744,39817,7261,401
Operating Profit-2,92042,129342,16929,344165,871-44,398-17,726-1,401
Interest Payable85,174201,829184,452
Interest Receivable7561,9841,1468003,132
Pre-Tax Profit-2,16444,114258,141-171,686-15,449-44,398-17,726-1,401
Tax-8,382-49,0476,0003,000
Profit After Tax-2,16435,732209,094-171,686-15,449-38,398-14,726-1,401
Dividends Paid
Retained Profit-2,16435,732209,094-171,686-15,449-38,398-14,726-1,401
Employee Costs76,48275,84773,16374,28381,666
Number Of Employees22222222
EBITDA*-2,92042,129342,16929,344165,871-44,398-17,726-1,401

* Earnings Before Interest, Tax, Depreciation and Amortisation

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Aug 2016Aug 2015
Tangible Assets
Intangible Assets
Investments & Other25,000
Debtors (Due After 1 year)
Total Fixed Assets25,000
Stock & work in progress941,2023,419,0894,905,8063,017,2751,248,253
Trade Debtors
Group Debtors
Misc Debtors31,88959,38965,80596,30652,06813,22616,1415,000
Cash11928,67284,719832,357767,55067,60414,153100
misc current assets
total current assets32,00888,0611,091,7264,347,7525,725,4243,098,1051,278,5475,000100
total assets32,00888,0611,091,7264,347,7525,725,4243,098,1051,278,54730,000100
Bank overdraft
Bank loan
Trade Creditors 55197,7346,81917,202297,47776,558
Group/Directors Accounts6,1501,592,8121,505,8121,265,8121,189,81229,900
other short term finances2,725,5791,398,0001,573,457
hp & lease commitments
other current liabilities24,65084,689926,357264,001380,40215,68328,1031,401
total current liabilities30,80584,6941,124,0914,589,2113,301,4163,152,4291,294,47331,301
loans2,493,781
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
total long term liabilities2,493,781
total liabilities30,80584,6941,124,0914,589,2115,795,1973,152,4291,294,47331,301
net assets1,2033,367-32,365-241,459-69,773-54,324-15,926-1,301100
total shareholders funds1,2033,367-32,365-241,459-69,773-54,324-15,926-1,301100
Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Aug 2016Aug 2015
Operating Activities
Operating Profit-2,92042,129342,16929,344165,871-44,398-17,726-1,401
Depreciation
Amortisation
Tax-8,382-49,0476,0003,000
Stock-941,202-2,477,887-1,486,7171,888,5311,769,0221,248,253
Debtors-27,500-6,416-30,50144,23838,842-2,91511,1415,000
Creditors-197,729190,915-10,383-280,275220,91976,558
Accruals and Deferred Income-60,039-841,668662,356-116,401364,719-12,42026,7021,401
Deferred Taxes & Provisions
Cash flow from operations-35,459-58,0323,654,7811,345,039-1,677,058-1,596,006-1,170,860-5,000
Investing Activities
capital expenditure
Change in Investments-25,00025,000
cash flow from investments25,000-25,000
Financing Activities
Bank loans
Group/Directors Accounts6,150-1,592,81287,000240,00076,0001,159,91229,900
Other Short Term Loans -2,725,5791,327,579-175,4571,573,457
Long term loans-2,493,7812,493,781
Hire Purchase and Lease Commitments
other long term liabilities
share issue101100
interest7561,984-84,028-201,029-181,320
cash flow from financing6,9061,984-4,402,419-1,280,2312,377,0041,649,4571,160,01329,900100
cash and cash equivalents
cash-28,553-56,047-747,63864,807699,94653,45114,153-100100
overdraft
change in cash-28,553-56,047-747,63864,807699,94653,45114,153-100100

chipping homes ltd Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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Chipping Homes Ltd Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for chipping homes ltd by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other micro companies, companies in BL4 area or any other competitors across 12 key performance metrics.

chipping homes ltd Ownership

CHIPPING HOMES LTD group structure

Chipping Homes Ltd has no subsidiary companies.

Ultimate parent company

CHIPPING HOMES LTD

09164137

CHIPPING HOMES LTD Shareholders

ascalon properties limited 49.75%
scpi bowland ltd 49.75%
scpi bowland limited 0.5%

chipping homes ltd directors

Chipping Homes Ltd currently has 2 directors. The longest serving directors include Mr Stephen Chicken (Aug 2014) and Mr Kenton Whitaker (Sep 2016).

officercountryagestartendrole
Mr Stephen Chicken57 years Aug 2014- Director
Mr Kenton Whitaker53 years Sep 2016- Director

P&L

December 2023

turnover

190.4k

+1%

operating profit

-2.9k

0%

gross margin

70.4%

+0.86%

turnover

Turnover, or revenue, is the amount of sales generated by a company within the financial year.

Balance Sheet

December 2023

net assets

1.2k

-0.64%

total assets

32k

-0.64%

cash

119

-1%

net assets

Total assets minus all liabilities

chipping homes ltd company details

company number

09164137

Type

Private limited with Share Capital

industry

68100 - Buying and selling of own real estate

incorporation date

August 2014

age

11

incorporated

UK

ultimate parent company

None

accounts

Total Exemption Full

last accounts submitted

December 2023

previous names

scpi new hive ltd (May 2016)

accountant

-

auditor

-

address

units a2-a6, edge fold industrial estate, plo, bolton, BL4 0LR

Bank

-

Legal Advisor

-

chipping 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 1 charges/mortgages relating to chipping homes ltd. Currently there are 0 open charges and 1 have been satisfied in the past.

chipping 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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chipping homes ltd Companies House Filings - See Documents

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