corehaus ltd
corehaus ltd Company Information
Company Number
09287021
Website
www.corehaus.co.ukRegistered Address
unit 1 jade business park, spring road murton, seaham, SR7 9DR
Industry
Construction of domestic buildings
Telephone
01913898941
Next Accounts Due
December 2024
Group Structure
View All
Shareholders
fusion 21 limited 75.7%
carlton & co consultancy limited 24.3%
corehaus ltd Estimated Valuation
Pomanda estimates the enterprise value of COREHAUS LTD at £462.8k based on a Turnover of £913.9k and 0.51x industry multiple (adjusted for size and gross margin).
corehaus ltd Estimated Valuation
Pomanda estimates the enterprise value of COREHAUS LTD at £2.7m based on an EBITDA of £709.2k and a 3.83x industry multiple (adjusted for size and gross margin).
corehaus ltd Estimated Valuation
Pomanda estimates the enterprise value of COREHAUS LTD at £493k based on Net Assets of £362.8k and 1.36x industry multiple (adjusted for liquidity).
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Corehaus Ltd Overview
Corehaus Ltd is a live company located in seaham, SR7 9DR with a Companies House number of 09287021. It operates in the construction of domestic buildings sector, SIC Code 41202. Founded in October 2014, it's largest shareholder is fusion 21 limited with a 75.7% stake. Corehaus Ltd is a established, small sized company, Pomanda has estimated its turnover at £913.9k with unknown growth in recent years.
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Corehaus Ltd Health Check
Pomanda's financial health check has awarded Corehaus Ltd a 5 rating. We use a traffic light system to show it exceeds the industry average on 6 measures and has 1 areas for improvement. Company Health Check FAQs
6 Strong
3 Regular
1 Weak
Size
annual sales of £913.9k, make it larger than the average company (£607.3k)
- Corehaus Ltd
£607.3k - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Corehaus Ltd
- - Industry AVG
Production
with a gross margin of 19.5%, this company has a comparable cost of product (19.5%)
- Corehaus Ltd
19.5% - Industry AVG
Profitability
an operating margin of 68.7% make it more profitable than the average company (6%)
- Corehaus Ltd
6% - Industry AVG
Employees
with 12 employees, this is above the industry average (4)
12 - Corehaus Ltd
4 - Industry AVG
Pay Structure
on an average salary of £41.8k, the company has an equivalent pay structure (£41.8k)
- Corehaus Ltd
£41.8k - Industry AVG
Efficiency
resulting in sales per employee of £76.2k, this is less efficient (£216.7k)
- Corehaus Ltd
£216.7k - Industry AVG
Debtor Days
it gets paid by customers after 1 days, this is earlier than average (27 days)
- Corehaus Ltd
27 days - Industry AVG
Creditor Days
its suppliers are paid after 30 days, this is close to average (28 days)
- Corehaus Ltd
28 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Corehaus Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 85 weeks, this is more cash available to meet short term requirements (15 weeks)
85 weeks - Corehaus Ltd
15 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 20.4%, this is a lower level of debt than the average (74.8%)
20.4% - Corehaus Ltd
74.8% - Industry AVG
COREHAUS LTD financials
Corehaus Ltd's latest turnover from March 2023 is estimated at £913.9 thousand and the company has net assets of £362.8 thousand. According to their latest financial statements, Corehaus Ltd has 12 employees and maintains cash reserves of £152.4 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Oct 2015 | |
|---|---|---|---|---|---|---|---|---|
| Turnover | 0 | 0 | ||||||
| Other Income Or Grants | ||||||||
| Cost Of Sales | ||||||||
| Gross Profit | ||||||||
| Admin Expenses | ||||||||
| Operating Profit | ||||||||
| Interest Payable | 0 | 0 | ||||||
| Interest Receivable | 1 | 0 | ||||||
| Pre-Tax Profit | -215,415 | -26,336 | ||||||
| Tax | 0 | 0 | ||||||
| Profit After Tax | -215,415 | -26,336 | ||||||
| Dividends Paid | 0 | 0 | ||||||
| Retained Profit | -215,415 | -26,336 | ||||||
| Employee Costs | ||||||||
| Number Of Employees | 12 | 12 | 4 | 2 | 2 | |||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Oct 2015 | |
|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 39,702 | 63,149 | 67,027 | 0 | 0 | 0 | 21,979 | 0 |
| Intangible Assets | 93,560 | 140,341 | 187,122 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 100 | 100 | 100 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 133,262 | 203,490 | 254,149 | 0 | 0 | 100 | 22,079 | 100 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 4,546 | 21,250 | 0 | 0 | 100 | 760 | 0 | 0 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 165,562 | 142,401 | 55,517 | 24,000 | 0 | 0 | 0 | 0 |
| Cash | 152,394 | 268,246 | 345,840 | 126,100 | 0 | 0 | 0 | 0 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 322,502 | 431,897 | 401,357 | 150,100 | 100 | 760 | 0 | 0 |
| total assets | 455,764 | 635,387 | 655,506 | 150,100 | 100 | 860 | 22,079 | 100 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 60,796 | 38,955 | 6,857 | 780 | 3,154 | 760 | 21,979 | 0 |
| Group/Directors Accounts | 0 | 632,795 | 180,706 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 32,183 | 116,757 | 102,746 | 178,710 | 0 | 0 | 0 | 0 |
| total current liabilities | 92,979 | 788,507 | 290,309 | 179,490 | 3,154 | 760 | 21,979 | 0 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 92,979 | 788,507 | 290,309 | 179,490 | 3,154 | 760 | 21,979 | 0 |
| net assets | 362,785 | -153,120 | 365,197 | -29,390 | -3,054 | 100 | 100 | 100 |
| total shareholders funds | 362,785 | -153,120 | 365,197 | -29,390 | -3,054 | 100 | 100 | 100 |
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Oct 2015 | |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Operating Profit | ||||||||
| Depreciation | 34,410 | 31,936 | 4,876 | 0 | 0 | 0 | 0 | 0 |
| Amortisation | 46,781 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Tax | 0 | 0 | ||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 6,457 | 108,134 | 31,517 | 23,900 | -660 | 760 | 0 | 0 |
| Creditors | 21,841 | 32,098 | 6,077 | -2,374 | 2,394 | -21,219 | 21,979 | 0 |
| Accruals and Deferred Income | -84,574 | 14,011 | -75,964 | 178,710 | 0 | 0 | 0 | 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 | -100 | 0 | 100 | 100 |
| cash flow from investments | ||||||||
| Financing Activities | ||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | -632,795 | 452,089 | 180,706 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||||
| interest | 1 | 0 | ||||||
| cash flow from financing | 790,709 | 0 | ||||||
| cash and cash equivalents | ||||||||
| cash | -115,852 | -77,594 | 219,740 | 126,100 | 0 | 0 | 0 | 0 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -115,852 | -77,594 | 219,740 | 126,100 | 0 | 0 | 0 | 0 |
corehaus ltd Credit Report and Business Information
Corehaus Ltd Competitor Analysis
Perform a competitor analysis for corehaus ltd by selecting its closest rivals, whether from the CONSTRUCTION sector, other small companies, companies in SR7 area or any other competitors across 12 key performance metrics.
corehaus ltd Ownership
COREHAUS LTD group structure
Corehaus Ltd has no subsidiary companies.
corehaus ltd directors
Corehaus Ltd currently has 6 directors. The longest serving directors include Mr Craig Peterson (Oct 2014) and Mr David Neilson (Oct 2014).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Craig Peterson | England | 55 years | Oct 2014 | - | Director |
| Mr David Neilson | United Kingdom | 58 years | Oct 2014 | - | Director |
| Dr John Beckford | 66 years | Dec 2019 | - | Director | |
| Dr John Beckford | England | 66 years | Dec 2019 | - | Director |
| Mr Norman Peterson | United Kingdom | 68 years | Dec 2019 | - | Director |
| Mr Norman Peterson | England | 68 years | Dec 2019 | - | Director |
P&L
March 2023turnover
913.9k
0%
operating profit
628k
0%
gross margin
19.6%
+5.89%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2023net assets
362.8k
-3.37%
total assets
455.8k
-0.28%
cash
152.4k
-0.43%
net assets
Total assets minus all liabilities
corehaus ltd company details
company number
09287021
Type
Private limited with Share Capital
industry
41202 - Construction of domestic buildings
incorporation date
October 2014
age
10
incorporated
UK
ultimate parent company
accounts
Small Company
last accounts submitted
March 2023
previous names
N/A
accountant
BMW
auditor
-
address
unit 1 jade business park, spring road murton, seaham, SR7 9DR
Bank
-
Legal Advisor
-
corehaus 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 corehaus ltd.
corehaus ltd Companies House Filings - See Documents
| date | description | view/download |
|---|
