prestige homes (south east) limited
prestige homes (south east) limited Company Information
Company Number
09280767
Website
-Registered Address
30-34 north street, hailsham, BN27 1DW
Industry
Development of building projects
Telephone
-
Next Accounts Due
December 2024
Group Structure
View All
Shareholders
timothy james oliver 40%
michael john williams 40%
View Allprestige homes (south east) limited Estimated Valuation
Pomanda estimates the enterprise value of PRESTIGE HOMES (SOUTH EAST) LIMITED at £1m based on a Turnover of £1.8m and 0.55x industry multiple (adjusted for size and gross margin).
prestige homes (south east) limited Estimated Valuation
Pomanda estimates the enterprise value of PRESTIGE HOMES (SOUTH EAST) LIMITED at £1.4m based on an EBITDA of £349.7k and a 4.09x industry multiple (adjusted for size and gross margin).
prestige homes (south east) limited Estimated Valuation
Pomanda estimates the enterprise value of PRESTIGE HOMES (SOUTH EAST) LIMITED at £337.5k based on Net Assets of £251.7k and 1.34x industry multiple (adjusted for liquidity).
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Prestige Homes (south East) Limited Overview
Prestige Homes (south East) Limited is a live company located in hailsham, BN27 1DW with a Companies House number of 09280767. It operates in the development of building projects sector, SIC Code 41100. Founded in October 2014, it's largest shareholder is timothy james oliver with a 40% stake. Prestige Homes (south East) Limited is a established, small sized company, Pomanda has estimated its turnover at £1.8m with high growth in recent years.
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Prestige Homes (south East) Limited Health Check
Pomanda's financial health check has awarded Prestige Homes (South East) Limited a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 4 areas for improvement. Company Health Check FAQs
5 Strong
3 Regular
4 Weak
Size
annual sales of £1.8m, make it in line with the average company (£2.1m)
- Prestige Homes (south East) Limited
£2.1m - Industry AVG
Growth
3 year (CAGR) sales growth of 17%, show it is growing at a faster rate (2.1%)
- Prestige Homes (south East) Limited
2.1% - Industry AVG
Production
with a gross margin of 25.7%, this company has a comparable cost of product (25.7%)
- Prestige Homes (south East) Limited
25.7% - Industry AVG
Profitability
an operating margin of 16.9% make it more profitable than the average company (8.7%)
- Prestige Homes (south East) Limited
8.7% - Industry AVG
Employees
with 2 employees, this is below the industry average (6)
2 - Prestige Homes (south East) Limited
6 - Industry AVG
Pay Structure
on an average salary of £46.9k, the company has an equivalent pay structure (£46.9k)
- Prestige Homes (south East) Limited
£46.9k - Industry AVG
Efficiency
resulting in sales per employee of £914.9k, this is more efficient (£278.5k)
- Prestige Homes (south East) Limited
£278.5k - Industry AVG
Debtor Days
it gets paid by customers after 0 days, this is earlier than average (29 days)
- Prestige Homes (south East) Limited
29 days - Industry AVG
Creditor Days
its suppliers are paid after 92 days, this is slower than average (31 days)
- Prestige Homes (south East) Limited
31 days - Industry AVG
Stock Days
it holds stock equivalent to 1112 days, this is more than average (185 days)
- Prestige Homes (south East) Limited
185 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 5 weeks, this is less cash available to meet short term requirements (13 weeks)
5 weeks - Prestige Homes (south East) Limited
13 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 94.2%, this is a higher level of debt than the average (74.8%)
94.2% - Prestige Homes (south East) Limited
74.8% - Industry AVG
PRESTIGE HOMES (SOUTH EAST) LIMITED financials
Prestige Homes (South East) Limited's latest turnover from March 2023 is estimated at £1.8 million and the company has net assets of £251.7 thousand. According to their latest financial statements, Prestige Homes (South East) Limited has 2 employees and maintains cash reserves of £61.7 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2023 | 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 | 2 | 1 | 1 | 1 | 1 | 1 | ||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2023 | Oct 2021 | Oct 2020 | Oct 2019 | Oct 2018 | Oct 2017 | Oct 2016 | Oct 2015 | |
|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 84,388 | 38,813 | 39,797 | 24,549 | 32,554 | 11,477 | 15,026 | 17,406 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 84,388 | 38,813 | 39,797 | 24,549 | 32,554 | 11,477 | 15,026 | 17,406 |
| Stock & work in progress | 4,143,870 | 2,890,998 | 2,620,201 | 3,148,770 | 1,976,485 | 1,854,600 | 765,458 | 657,534 |
| Trade Debtors | 1,091 | 0 | 0 | 0 | 0 | 0 | 0 | 13,745 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 17,471 | 922,298 | 13,208 | 22,018 | 27,560 | 20,829 | 20,431 | 0 |
| Cash | 61,697 | 160,011 | 509,748 | 8,238 | 67,665 | 12,493 | 104,523 | 9,864 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 4,224,129 | 3,973,307 | 3,143,157 | 3,179,026 | 2,071,710 | 1,887,922 | 890,412 | 681,143 |
| total assets | 4,308,517 | 4,012,120 | 3,182,954 | 3,203,575 | 2,104,264 | 1,899,399 | 905,438 | 698,549 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 343,963 | 82,503 | 104,810 | 170,496 | 98,805 | 80,030 | 37,435 | 34,100 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 28,087 | 11,464 | 5,583 | 821 | 821 | 3,789 | 3,789 | 0 |
| other current liabilities | 165,321 | 192,419 | 153,782 | 91,364 | 35,618 | 6,545 | 32,529 | 0 |
| total current liabilities | 537,371 | 286,386 | 264,175 | 262,681 | 135,244 | 90,364 | 73,753 | 34,100 |
| loans | 0 | 995,427 | 479,466 | 0 | 763,885 | 0 | 0 | 100,000 |
| hp & lease commitments | 40,764 | 12,122 | 17,995 | 0 | 0 | 821 | 4,610 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 3,478,713 | 2,184,548 | 2,031,087 | 2,597,034 | 971,398 | 1,730,058 | 745,370 | 564,349 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 3,519,477 | 3,192,097 | 2,528,548 | 2,597,034 | 1,735,283 | 1,730,879 | 749,980 | 664,349 |
| total liabilities | 4,056,848 | 3,478,483 | 2,792,723 | 2,859,715 | 1,870,527 | 1,821,243 | 823,733 | 698,449 |
| net assets | 251,669 | 533,637 | 390,231 | 343,860 | 233,737 | 78,156 | 81,705 | 100 |
| total shareholders funds | 251,669 | 533,637 | 390,231 | 343,860 | 233,737 | 78,156 | 81,705 | 100 |
| Mar 2023 | Oct 2021 | Oct 2020 | Oct 2019 | Oct 2018 | Oct 2017 | Oct 2016 | Oct 2015 | |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Operating Profit | ||||||||
| Depreciation | 40,416 | 11,400 | 12,871 | 8,005 | 10,629 | 3,549 | 4,521 | 5,591 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | ||||||||
| Stock | 4,143,870 | 270,797 | -528,569 | 1,172,285 | 121,885 | 1,089,142 | 107,924 | 657,534 |
| Debtors | 18,562 | 909,090 | -8,810 | -5,542 | 6,731 | 398 | 6,686 | 13,745 |
| Creditors | 343,963 | -22,307 | -65,686 | 71,691 | 18,775 | 42,595 | 3,335 | 34,100 |
| Accruals and Deferred Income | 165,321 | 38,637 | 62,418 | 55,746 | 29,073 | -25,984 | 32,529 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | ||||||||
| Investing Activities | ||||||||
| capital expenditure | ||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | ||||||||
| Financing Activities | ||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 515,961 | 479,466 | -763,885 | 763,885 | 0 | -100,000 | 100,000 |
| Hire Purchase and Lease Commitments | 68,851 | 8 | 22,757 | 0 | -3,789 | -3,789 | 8,399 | 0 |
| other long term liabilities | 3,478,713 | 153,461 | -565,947 | 1,625,636 | -758,660 | 984,688 | 181,021 | 564,349 |
| share issue | ||||||||
| interest | ||||||||
| cash flow from financing | ||||||||
| cash and cash equivalents | ||||||||
| cash | 61,697 | -349,737 | 501,510 | -59,427 | 55,172 | -92,030 | 94,659 | 9,864 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 61,697 | -349,737 | 501,510 | -59,427 | 55,172 | -92,030 | 94,659 | 9,864 |
prestige homes (south east) limited Credit Report and Business Information
Prestige Homes (south East) Limited Competitor Analysis
Perform a competitor analysis for prestige homes (south east) limited by selecting its closest rivals, whether from the CONSTRUCTION sector, other small companies, companies in BN27 area or any other competitors across 12 key performance metrics.
prestige homes (south east) limited Ownership
PRESTIGE HOMES (SOUTH EAST) LIMITED group structure
Prestige Homes (South East) Limited has 2 subsidiary companies.
Ultimate parent company
PRESTIGE HOMES (SOUTH EAST) LIMITED
09280767
2 subsidiaries
prestige homes (south east) limited directors
Prestige Homes (South East) Limited currently has 2 directors. The longest serving directors include Mr Michael Williams (Oct 2014) and Mr Timothy Oliver (Oct 2014).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Michael Williams | England | 53 years | Oct 2014 | - | Director |
| Mr Timothy Oliver | England | 59 years | Oct 2014 | - | Director |
P&L
March 2023turnover
1.8m
0%
operating profit
309.3k
0%
gross margin
25.8%
0%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2023net assets
251.7k
0%
total assets
4.3m
0%
cash
61.7k
0%
net assets
Total assets minus all liabilities
prestige homes (south east) limited company details
company number
09280767
Type
Private limited with Share Capital
industry
41100 - Development of building projects
incorporation date
October 2014
age
10
incorporated
UK
accounts
Total Exemption Full
ultimate parent company
previous names
N/A
last accounts submitted
March 2023
address
30-34 north street, hailsham, BN27 1DW
accountant
WATSON ASSOCIATES (PROFESSIONAL SERVICES) LIMITED
auditor
-
prestige homes (south east) 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 8 charges/mortgages relating to prestige homes (south east) limited. Currently there are 3 open charges and 5 have been satisfied in the past.
prestige homes (south east) limited Companies House Filings - See Documents
| date | description | view/download |
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