home essentials (cov) ltd
home essentials (cov) ltd Company Information
Company Number
09264183
Next Accounts
Jul 2025
Shareholders
golasha rostamali
qurban ali zauari
Group Structure
View All
Industry
Retail sale of hardware, paints and glass in specialised stores
Registered Address
98-100 jubilee crescent, coventry, CV6 3ES
Website
-home essentials (cov) ltd Estimated Valuation
Pomanda estimates the enterprise value of HOME ESSENTIALS (COV) LTD at £199.7k based on a Turnover of £456.4k and 0.44x industry multiple (adjusted for size and gross margin).
home essentials (cov) ltd Estimated Valuation
Pomanda estimates the enterprise value of HOME ESSENTIALS (COV) LTD at £86.5k based on an EBITDA of £22.9k and a 3.78x industry multiple (adjusted for size and gross margin).
home essentials (cov) ltd Estimated Valuation
Pomanda estimates the enterprise value of HOME ESSENTIALS (COV) LTD at £135.1k based on Net Assets of £60k and 2.25x industry multiple (adjusted for liquidity).
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Home Essentials (cov) Ltd Overview
Home Essentials (cov) Ltd is a live company located in coventry, CV6 3ES with a Companies House number of 09264183. It operates in the retail sale of hardware, paints and glass in specialised stores sector, SIC Code 47520. Founded in October 2014, it's largest shareholder is golasha rostamali with a 50% stake. Home Essentials (cov) Ltd is a established, micro sized company, Pomanda has estimated its turnover at £456.4k with healthy growth in recent years.
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Home Essentials (cov) Ltd Health Check
Pomanda's financial health check has awarded Home Essentials (Cov) Ltd a 2 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 6 areas for improvement. Company Health Check FAQs
2 Strong
3 Regular
6 Weak
Size
annual sales of £456.4k, make it smaller than the average company (£14.4m)
- Home Essentials (cov) Ltd
£14.4m - Industry AVG
Growth
3 year (CAGR) sales growth of 11%, show it is growing at a faster rate (7.2%)
- Home Essentials (cov) Ltd
7.2% - Industry AVG
Production
with a gross margin of 32.3%, this company has a comparable cost of product (32.3%)
- Home Essentials (cov) Ltd
32.3% - Industry AVG
Profitability
an operating margin of 5% make it as profitable than the average company (4.5%)
- Home Essentials (cov) Ltd
4.5% - Industry AVG
Employees
with 3 employees, this is below the industry average (51)
3 - Home Essentials (cov) Ltd
51 - Industry AVG
Pay Structure
on an average salary of £31.9k, the company has an equivalent pay structure (£31.9k)
- Home Essentials (cov) Ltd
£31.9k - Industry AVG
Efficiency
resulting in sales per employee of £152.1k, this is less efficient (£201.2k)
- Home Essentials (cov) Ltd
£201.2k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Home Essentials (cov) Ltd
- - Industry AVG
Creditor Days
its suppliers are paid after 86 days, this is slower than average (45 days)
- Home Essentials (cov) Ltd
45 days - Industry AVG
Stock Days
it holds stock equivalent to 168 days, this is more than average (108 days)
- Home Essentials (cov) Ltd
108 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 3 weeks, this is less cash available to meet short term requirements (13 weeks)
3 weeks - Home Essentials (cov) Ltd
13 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 70.9%, this is a higher level of debt than the average (47.4%)
70.9% - Home Essentials (cov) Ltd
47.4% - Industry AVG
HOME ESSENTIALS (COV) LTD financials
Home Essentials (Cov) Ltd's latest turnover from October 2023 is estimated at £456.4 thousand and the company has net assets of £60 thousand. According to their latest financial statements, Home Essentials (Cov) Ltd has 3 employees and maintains cash reserves of £6.5 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Oct 2023 | Oct 2022 | Oct 2021 | Oct 2020 | Oct 2019 | Oct 2018 | Oct 2017 | Oct 2016 | Oct 2015 | |
|---|---|---|---|---|---|---|---|---|---|
| Turnover | |||||||||
| Other Income Or Grants | |||||||||
| Cost Of Sales | |||||||||
| Gross Profit | |||||||||
| Admin Expenses | |||||||||
| Operating Profit | |||||||||
| Interest Payable | |||||||||
| Interest Receivable | |||||||||
| Pre-Tax Profit | |||||||||
| Tax | |||||||||
| Profit After Tax | |||||||||
| Dividends Paid | |||||||||
| Retained Profit | |||||||||
| Employee Costs | |||||||||
| Number Of Employees | 3 | 2 | 2 | 2 | 2 | ||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Oct 2023 | Oct 2022 | Oct 2021 | Oct 2020 | Oct 2019 | Oct 2018 | Oct 2017 | Oct 2016 | Oct 2015 | |
|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 56,772 | 56,772 | 7,175 | 7,972 | 8,858 | 9,842 | 10,935 | 12,150 | |
| Intangible Assets | 13,500 | ||||||||
| Investments & Other | |||||||||
| Debtors (Due After 1 year) | |||||||||
| Total Fixed Assets | 56,772 | 56,772 | 7,175 | 7,972 | 8,858 | 9,842 | 10,935 | 12,150 | 13,500 |
| Stock & work in progress | 142,581 | 138,711 | 141,112 | 121,555 | 142,513 | 134,855 | 120,166 | 103,106 | 72,852 |
| Trade Debtors | |||||||||
| Group Debtors | |||||||||
| Misc Debtors | 55,904 | 55,904 | |||||||
| Cash | 6,509 | 11,158 | 10,146 | 25,421 | 6,611 | 9,450 | 12,299 | 15,105 | 4,996 |
| misc current assets | 695 | ||||||||
| total current assets | 149,785 | 149,869 | 207,162 | 202,880 | 149,124 | 144,305 | 132,465 | 118,211 | 77,848 |
| total assets | 206,557 | 206,641 | 214,337 | 210,852 | 157,982 | 154,147 | 143,400 | 130,361 | 91,348 |
| Bank overdraft | 25,058 | 35,706 | 46,355 | 50,000 | |||||
| Bank loan | |||||||||
| Trade Creditors | 73,214 | 76,995 | 84,604 | 81,446 | 56,042 | 61,428 | 48,016 | 45,044 | 23,777 |
| Group/Directors Accounts | |||||||||
| other short term finances | |||||||||
| hp & lease commitments | |||||||||
| other current liabilities | 11,349 | 8,828 | 7,518 | 6,642 | 9,358 | 5,665 | 13,291 | 8,191 | |
| total current liabilities | 109,621 | 121,529 | 138,477 | 138,088 | 65,400 | 67,093 | 61,307 | 53,235 | 23,777 |
| loans | 36,901 | 36,900 | 36,900 | 36,900 | 61,900 | 61,900 | 58,000 | 58,000 | |
| hp & lease commitments | |||||||||
| Accruals and Deferred Income | |||||||||
| other liabilities | 57,998 | ||||||||
| provisions | |||||||||
| total long term liabilities | 36,901 | 36,900 | 36,900 | 36,900 | 61,900 | 61,900 | 58,000 | 58,000 | 57,998 |
| total liabilities | 146,522 | 158,429 | 175,377 | 174,988 | 127,300 | 128,993 | 119,307 | 111,235 | 81,775 |
| net assets | 60,035 | 48,212 | 38,960 | 35,864 | 30,682 | 25,154 | 24,093 | 19,126 | 9,573 |
| total shareholders funds | 60,035 | 48,212 | 38,960 | 35,864 | 30,682 | 25,154 | 24,093 | 19,126 | 9,573 |
| Oct 2023 | Oct 2022 | Oct 2021 | Oct 2020 | Oct 2019 | Oct 2018 | Oct 2017 | Oct 2016 | Oct 2015 | |
|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||
| Operating Profit | |||||||||
| Depreciation | 6,308 | 797 | 886 | 984 | 1,093 | 1,215 | 1,350 | ||
| Amortisation | 1,500 | ||||||||
| Tax | |||||||||
| Stock | 3,870 | -2,401 | 19,557 | -20,958 | 7,658 | 14,689 | 17,060 | 30,254 | 72,852 |
| Debtors | -55,904 | 55,904 | |||||||
| Creditors | -3,781 | -7,609 | 3,158 | 25,404 | -5,386 | 13,412 | 2,972 | 21,267 | 23,777 |
| Accruals and Deferred Income | 2,521 | 1,310 | 876 | -2,716 | 3,693 | -7,626 | 5,100 | 8,191 | |
| Deferred Taxes & Provisions | |||||||||
| Cash flow from operations | |||||||||
| Investing Activities | |||||||||
| capital expenditure | |||||||||
| Change in Investments | |||||||||
| cash flow from investments | |||||||||
| Financing Activities | |||||||||
| Bank loans | |||||||||
| Group/Directors Accounts | |||||||||
| Other Short Term Loans | |||||||||
| Long term loans | 1 | -25,000 | 3,900 | 58,000 | |||||
| Hire Purchase and Lease Commitments | |||||||||
| other long term liabilities | -57,998 | 57,998 | |||||||
| share issue | |||||||||
| interest | |||||||||
| cash flow from financing | |||||||||
| cash and cash equivalents | |||||||||
| cash | -4,649 | 1,012 | -15,275 | 18,810 | -2,839 | -2,849 | -2,806 | 10,109 | 4,996 |
| overdraft | -10,648 | -10,649 | -3,645 | 50,000 | |||||
| change in cash | 5,999 | 11,661 | -11,630 | -31,190 | -2,839 | -2,849 | -2,806 | 10,109 | 4,996 |
home essentials (cov) ltd Credit Report and Business Information
Home Essentials (cov) Ltd Competitor Analysis
Perform a competitor analysis for home essentials (cov) ltd by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other micro companies, companies in CV6 area or any other competitors across 12 key performance metrics.
home essentials (cov) ltd Ownership
HOME ESSENTIALS (COV) LTD group structure
Home Essentials (Cov) Ltd has no subsidiary companies.
Ultimate parent company
HOME ESSENTIALS (COV) LTD
09264183
home essentials (cov) ltd directors
Home Essentials (Cov) Ltd currently has 2 directors. The longest serving directors include Qurban Zauari (Oct 2014) and Mr Golasha Rostamali (Oct 2014).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Qurban Zauari | United Kingdom | 46 years | Oct 2014 | - | Director |
| Mr Golasha Rostamali | United Kingdom | 46 years | Oct 2014 | - | Director |
P&L
October 2023turnover
456.4k
+36%
operating profit
22.9k
0%
gross margin
32.3%
-7.34%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
October 2023net assets
60k
+0.25%
total assets
206.6k
0%
cash
6.5k
-0.42%
net assets
Total assets minus all liabilities
home essentials (cov) ltd company details
company number
09264183
Type
Private limited with Share Capital
industry
47520 - Retail sale of hardware, paints and glass in specialised stores
incorporation date
October 2014
age
11
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
October 2023
previous names
home essestials limited (October 2014)
accountant
ACCOUNTABILITY PSM
auditor
-
address
98-100 jubilee crescent, coventry, CV6 3ES
Bank
-
Legal Advisor
-
home essentials (cov) 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 did not find charges/mortgages relating to home essentials (cov) ltd.
home essentials (cov) 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.
Click to start generating capital raising & share issue transactions for HOME ESSENTIALS (COV) LTD. This can take several minutes, an email will notify you when this has completed.
home essentials (cov) ltd Companies House Filings - See Documents
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