piper homes construction limited
piper homes construction limited Company Information
Company Number
09365924
Next Accounts
193 days late
Shareholders
piper homes plc
Group Structure
View All
Industry
Construction of domestic buildings
Registered Address
2 lace market square, nottingham, NG1 1PB
Website
www.piperhomes.co.ukpiper homes construction limited Estimated Valuation
Pomanda estimates the enterprise value of PIPER HOMES CONSTRUCTION LIMITED at £4.7m based on a Turnover of £10.6m and 0.45x industry multiple (adjusted for size and gross margin).
piper homes construction limited Estimated Valuation
Pomanda estimates the enterprise value of PIPER HOMES CONSTRUCTION LIMITED at £3.9m based on an EBITDA of £965.2k and a 4.02x industry multiple (adjusted for size and gross margin).
piper homes construction limited Estimated Valuation
Pomanda estimates the enterprise value of PIPER HOMES CONSTRUCTION LIMITED at £3.1m based on Net Assets of £2.3m and 1.34x industry multiple (adjusted for liquidity).
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Piper Homes Construction Limited Overview
Piper Homes Construction Limited is a live company located in nottingham, NG1 1PB with a Companies House number of 09365924. It operates in the construction of domestic buildings sector, SIC Code 41202. Founded in December 2014, it's largest shareholder is piper homes plc with a 100% stake. Piper Homes Construction Limited is a established, mid sized company, Pomanda has estimated its turnover at £10.6m with declining growth in recent years.
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Piper Homes Construction Limited Health Check
Pomanda's financial health check has awarded Piper Homes Construction Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 8 measures and has 1 areas for improvement. Company Health Check FAQs
8 Strong
3 Regular
1 Weak
Size
annual sales of £10.6m, make it larger than the average company (£741.9k)
- Piper Homes Construction Limited
£741.9k - Industry AVG
Growth
3 year (CAGR) sales growth of -7%, show it is growing at a slower rate (7.3%)
- Piper Homes Construction Limited
7.3% - Industry AVG
Production
with a gross margin of 19.8%, this company has a comparable cost of product (19.8%)
- Piper Homes Construction Limited
19.8% - Industry AVG
Profitability
an operating margin of 8.8% make it more profitable than the average company (7.1%)
- Piper Homes Construction Limited
7.1% - Industry AVG
Employees
with 42 employees, this is above the industry average (4)
42 - Piper Homes Construction Limited
4 - Industry AVG
Pay Structure
on an average salary of £43.4k, the company has an equivalent pay structure (£43.4k)
- Piper Homes Construction Limited
£43.4k - Industry AVG
Efficiency
resulting in sales per employee of £252.1k, this is equally as efficient (£234.2k)
- Piper Homes Construction Limited
£234.2k - Industry AVG
Debtor Days
it gets paid by customers after 0 days, this is earlier than average (24 days)
- Piper Homes Construction Limited
24 days - Industry AVG
Creditor Days
its suppliers are paid after 97 days, this is slower than average (29 days)
- Piper Homes Construction Limited
29 days - Industry AVG
Stock Days
it holds stock equivalent to 113 days, this is less than average (225 days)
- Piper Homes Construction Limited
225 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 39 weeks, this is more cash available to meet short term requirements (15 weeks)
39 weeks - Piper Homes Construction Limited
15 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 54.4%, this is a lower level of debt than the average (71.9%)
54.4% - Piper Homes Construction Limited
71.9% - Industry AVG
PIPER HOMES CONSTRUCTION LIMITED financials
Piper Homes Construction Limited's latest turnover from December 2022 is estimated at £10.6 million and the company has net assets of £2.3 million. According to their latest financial statements, Piper Homes Construction Limited has 42 employees and maintains cash reserves of £2 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Aug 2018 | Aug 2017 | Aug 2016 | Aug 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 | 42 | 30 | 28 | 22 | 11 | 10 | 5 | |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Aug 2018 | Aug 2017 | Aug 2016 | Aug 2015 | |
|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 95,925 | 46,271 | 665 | 7,836 | 16,245 | 23,550 | 13,542 | |
| Intangible Assets | ||||||||
| Investments & Other | ||||||||
| Debtors (Due After 1 year) | ||||||||
| Total Fixed Assets | 95,925 | 46,271 | 665 | 7,836 | 16,245 | 23,550 | 13,542 | |
| Stock & work in progress | 2,631,030 | 6,897,838 | 3,285,296 | 3,267,094 | 5,458 | 439,317 | 273,832 | 831,478 |
| Trade Debtors | 3,000 | 4,193 | 9,432 | 97,971 | ||||
| Group Debtors | 33,365 | 339,374 | 392,067 | 1,912,088 | 355,639 | |||
| Misc Debtors | 258,791 | 159,069 | 343,477 | 443,481 | 120,914 | 43,484 | 2,111,408 | |
| Cash | 1,975,332 | 2,080,785 | 1,937,825 | 1,687,259 | 1,512,752 | 606,137 | 34,758 | 7,449 |
| misc current assets | ||||||||
| total current assets | 4,901,518 | 9,141,885 | 5,915,404 | 5,397,834 | 2,031,191 | 3,001,026 | 2,775,637 | 936,898 |
| total assets | 4,997,443 | 9,188,156 | 5,916,069 | 5,405,670 | 2,047,436 | 3,024,576 | 2,789,179 | 936,898 |
| Bank overdraft | 57,074 | 217,072 | 94,583 | |||||
| Bank loan | ||||||||
| Trade Creditors | 2,273,105 | 1,990,622 | 2,334,906 | 2,302,325 | 685,032 | 136,879 | 60,196 | 936,896 |
| Group/Directors Accounts | 4,871,088 | 359,205 | ||||||
| other short term finances | ||||||||
| hp & lease commitments | ||||||||
| other current liabilities | 278,714 | 463,140 | 1,191,748 | 864,683 | 140,769 | 702,497 | 1,399,179 | |
| total current liabilities | 2,608,893 | 7,541,922 | 3,621,237 | 3,526,213 | 825,801 | 839,376 | 1,459,375 | 936,896 |
| loans | 92,576 | 148,671 | 824,167 | 924,930 | ||||
| hp & lease commitments | ||||||||
| Accruals and Deferred Income | ||||||||
| other liabilities | 16,054 | 11 | 1,511,548 | |||||
| provisions | 8,791 | 126 | 1,489 | 3,086 | 4,474 | 2,708 | ||
| total long term liabilities | 108,630 | 157,462 | 824,304 | 1,489 | 3,086 | 1,516,022 | 927,638 | |
| total liabilities | 2,717,523 | 7,699,384 | 4,445,541 | 3,527,702 | 828,887 | 2,355,398 | 2,387,013 | 936,896 |
| net assets | 2,279,920 | 1,488,772 | 1,470,528 | 1,877,968 | 1,218,549 | 669,178 | 402,166 | 2 |
| total shareholders funds | 2,279,920 | 1,488,772 | 1,470,528 | 1,877,968 | 1,218,549 | 669,178 | 402,166 | 2 |
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Aug 2018 | Aug 2017 | Aug 2016 | Aug 2015 | |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Operating Profit | ||||||||
| Depreciation | 34,964 | 14,859 | 7,171 | 10,406 | 7,305 | 5,381 | 288 | |
| Amortisation | ||||||||
| Tax | ||||||||
| Stock | -4,266,808 | 3,612,542 | 18,202 | 3,261,636 | -433,859 | 165,485 | -557,646 | 831,478 |
| Debtors | 131,894 | -529,021 | 248,802 | -69,500 | -1,442,591 | -511,475 | 2,369,076 | 97,971 |
| Creditors | 282,483 | -344,284 | 32,581 | 1,617,293 | 548,153 | 76,683 | -876,700 | 936,896 |
| Accruals and Deferred Income | -184,426 | -728,608 | 327,065 | 723,914 | -561,728 | -696,682 | 1,399,179 | |
| Deferred Taxes & Provisions | -8,791 | 8,665 | -1,363 | -1,597 | -1,388 | 1,766 | 2,708 | |
| Cash flow from operations | ||||||||
| Investing Activities | ||||||||
| capital expenditure | ||||||||
| Change in Investments | ||||||||
| cash flow from investments | ||||||||
| Financing Activities | ||||||||
| Bank loans | ||||||||
| Group/Directors Accounts | -4,871,088 | 4,871,088 | -359,205 | 359,205 | ||||
| Other Short Term Loans | ||||||||
| Long term loans | -56,095 | -675,496 | 824,167 | -924,930 | 924,930 | |||
| Hire Purchase and Lease Commitments | ||||||||
| other long term liabilities | 16,054 | -11 | 11 | -1,511,548 | 1,511,548 | |||
| share issue | ||||||||
| interest | ||||||||
| cash flow from financing | ||||||||
| cash and cash equivalents | ||||||||
| cash | -105,453 | 142,960 | 250,566 | 174,507 | 906,615 | 571,379 | 27,309 | 7,449 |
| overdraft | -159,998 | 122,489 | 94,583 | |||||
| change in cash | 54,545 | 20,471 | 155,983 | 174,507 | 906,615 | 571,379 | 27,309 | 7,449 |
piper homes construction limited Credit Report and Business Information
Piper Homes Construction Limited Competitor Analysis
Perform a competitor analysis for piper homes construction limited by selecting its closest rivals, whether from the CONSTRUCTION sector, other mid companies, companies in NG1 area or any other competitors across 12 key performance metrics.
piper homes construction limited Ownership
PIPER HOMES CONSTRUCTION LIMITED group structure
Piper Homes Construction Limited has no subsidiary companies.
piper homes construction limited directors
Piper Homes Construction Limited currently has 2 directors. The longest serving directors include Mr Rupert Parkin (Dec 2014) and Mr Kenneth Noble (Aug 2017).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Rupert Parkin | United Kingdom | 44 years | Dec 2014 | - | Director |
| Mr Kenneth Noble | United Kingdom | 59 years | Aug 2017 | - | Director |
P&L
December 2022turnover
10.6m
+4%
operating profit
930.2k
0%
gross margin
19.9%
+8.36%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2022net assets
2.3m
+0.53%
total assets
5m
-0.46%
cash
2m
-0.05%
net assets
Total assets minus all liabilities
piper homes construction limited company details
company number
09365924
Type
Private limited with Share Capital
industry
41202 - Construction of domestic buildings
incorporation date
December 2014
age
11
incorporated
UK
ultimate parent company
accounts
Small Company
last accounts submitted
December 2022
previous names
stanford court developments limited (April 2016)
accountant
-
auditor
-
address
2 lace market square, nottingham, NG1 1PB
Bank
-
Legal Advisor
-
piper homes construction 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 3 charges/mortgages relating to piper homes construction limited. Currently there are 0 open charges and 3 have been satisfied in the past.
piper homes construction limited 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 PIPER HOMES CONSTRUCTION LIMITED. This can take several minutes, an email will notify you when this has completed.
piper homes construction limited Companies House Filings - See Documents
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