Addis Homes Ltd

POWER SEARCH PRICING

SOLUTIONS

addis homes ltd Company Information

Live

YoungSmallHigh

Company Number

09412527

Website

addishomes.co.uk

Registered Address

bayside business centre, 1 sovereign business park, poole, BH15 3TB

Industry

Development of building projects

Telephone

441202406489

Next Accounts Due

14 days late

Group Structure

View All

Directors

Jayne Kerry9 Years

Alexander Addis9 Years

View All

Shareholders

mrs jayne diane kerry 56.7%

mr alan addis 33.3%

View All

addis homes ltd Estimated Valuation

£672.4k

Pomanda estimates the enterprise value of ADDIS HOMES LTD at £672.4k based on a Turnover of £1.2m and 0.55x industry multiple (adjusted for size and gross margin).

Edit your figures and get a professional valuation report.

Addis Homes Ltd is a live company located in poole, BH15 3TB with a Companies House number of 09412527. It operates in the development of building projects sector, SIC Code 41100. Founded in January 2015, it's largest shareholder is mrs jayne diane kerry with a 56.7% stake. Addis Homes Ltd is a young, small sized company, Pomanda has estimated its turnover at £1.2m with high growth in recent years.

View Sample

Upgrade for unlimited company reports & a free credit check

Pomanda's financial health check has awarded Addis Homes 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

Health Rating3out of 5

2 Strong

3 Regular

6 Weak

Size

annual sales of £851.9k, make it smaller than the average company (£2.1m)

Growth

3 year (CAGR) sales growth of 5%, show it is growing at a faster rate (1%)

EXPORT

Addis Homes Ltd's latest turnover from December 2022 is estimated at £1.2 million and the company has net assets of -£204 thousand. According to their latest financial statements, Addis Homes Ltd has 3 employees and maintains cash reserves of £113.8 thousand as reported in the balance sheet.

Data source: Companies House, Pomanda Estimates

	Dec 2022	Jan 2022	Jan 2021	Jan 2020	Jan 2019	Dec 2017	Dec 2016	Dec 2015
Turnover	1,230,193	851,903	381,917	433,118	726,494	1,143,630	703,118	126,105
Other Income Or Grants	0	0	0	0	0	0	0	0
Cost Of Sales	911,462	653,447	288,967	321,823	524,602	805,982	488,068	88,042
Gross Profit	318,732	198,456	92,950	111,295	201,892	337,648	215,050	38,063
Admin Expenses	475,226	270,946	148,490	66,774	129,214	258,704	259,410	28,622
Operating Profit	-156,494	-72,490	-55,540	44,521	72,678	78,944	-44,360	9,441
Interest Payable	4,532	3,145	1,525	50,455	50,455	93,443	52,121	9,068
Interest Receivable	2,015	102	4	38	15	287	355	703
Pre-Tax Profit	-159,010	-75,533	-57,061	-5,896	22,238	-14,212	-96,127	1,076
Tax	0	0	0	0	-4,225	0	0	-215
Profit After Tax	-159,010	-75,533	-57,061	-5,896	18,013	-14,212	-96,127	861
Dividends Paid	0	0	0	0	0	0	0	0
Retained Profit	-159,010	-75,533	-57,061	-5,896	18,013	-14,212	-96,127	861
Employee Costs	142,845	134,669	131,484	130,434	129,410	130,083	127,742	41,904
Number Of Employees	3	3	3	3	3	3	3	1
EBITDA*	-152,514	-68,347	-50,650	50,409	77,416	82,147	-44,360	9,441

* Earnings Before Interest, Tax, Depreciation and Amortisation

	Dec 2022	Jan 2022	Jan 2021	Jan 2020	Jan 2019	Dec 2017	Dec 2016	Dec 2015
Tangible Assets	8,948	10,500	14,643	19,533	23,586	6,406	0	0
Intangible Assets	0	0	0	0	0	0	0	0
Investments & Other	50	50	0	0	0	0	0	0
Debtors (Due After 1 year)	0	0	0	0	0	0	0	0
Total Fixed Assets	8,998	10,550	14,643	19,533	23,586	6,406	0	0
Stock & work in progress	1,439,741	511,823	218,404	84,289	1,529,338	2,080,134	1,365,115	0
Trade Debtors	0	0	0	0	0	0	0	0
Group Debtors	86,379	125,574	0	0	0	0	0	0
Misc Debtors	155,262	180,672	65,658	23,334	16,023	3,818	2,179	0
Cash	113,791	79,878	1,375	5,998	4,034	112,370	2,457	281,276
misc current assets	0	0	0	0	0	0	0	0
total current assets	1,795,173	897,947	285,437	113,621	1,549,395	2,196,322	1,369,751	281,276
total assets	1,804,171	908,497	300,080	133,154	1,572,981	2,202,728	1,369,751	281,276
Bank overdraft	0	0	0	0	0	0	745,320	0
Bank loan	5,000	6,053	5,000	0	81,951	875,748	0	0
Trade Creditors	117,333	97,603	16,128	30,406	24,533	98,333	28,168	247
Group/Directors Accounts	1,418,714	171,524	0	0	0	0	2,679	405
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	426,667	709,216	278,893	90,628	31,680	81,787	45,290	758
total current liabilities	1,967,714	984,396	300,021	121,034	138,164	1,055,868	821,457	1,410
loans	40,408	44,575	45,000	0	1,413,014	610,550	643,557	279,002
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	645,785	0	0
provisions	0	0	0	0	3,787	0	0	0
total long term liabilities	40,408	44,575	45,000	0	1,416,801	1,256,335	643,557	279,002
total liabilities	2,008,122	1,028,971	345,021	121,034	1,554,965	2,312,203	1,465,014	280,412
net assets	-203,951	-120,474	-44,941	12,120	18,016	-109,475	-95,263	864
total shareholders funds	-203,951	-120,474	-44,941	12,120	18,016	-109,475	-95,263	864

	Dec 2022	Jan 2022	Jan 2021	Jan 2020	Jan 2019	Dec 2017	Dec 2016	Dec 2015
Operating Activities
Operating Profit	-156,494	-72,490	-55,540	44,521	72,678	78,944	-44,360	9,441
Depreciation	3,980	4,143	4,890	5,888	4,738	3,203	0	0
Amortisation	0	0	0	0	0	0	0	0
Tax	0	0	0	0	-4,225	0	0	-215
Stock	1,221,337	293,419	134,115	-1,445,049	1,529,338	715,019	1,365,115	0
Debtors	175,983	240,588	42,324	7,311	16,023	1,639	2,179	0
Creditors	101,205	81,475	-14,278	5,873	24,533	70,165	27,921	247
Accruals and Deferred Income	147,774	430,323	188,265	58,948	31,680	36,497	44,532	758
Deferred Taxes & Provisions	0	0	0	-3,787	3,787	0	0	0
Cash flow from operations	-1,300,855	-90,556	-53,102	1,549,181	-1,412,170	-527,849	-1,339,201	10,231
Investing Activities
capital expenditure	1,715	0	0	-1,835	-28,324	-9,609	0	0
Change in Investments	50	50	0	0	0	0	0	0
cash flow from investments	1,665	-50	0	-1,835	-28,324	-9,609	0	0
Financing Activities
Bank loans	0	1,053	5,000	-81,951	81,951	875,748	0	0
Group/Directors Accounts	1,418,714	171,524	0	0	0	-2,679	2,274	405
Other Short Term Loans	0	0	0	0	0	0	0	0
Long term loans	-4,592	-425	45,000	-1,413,014	1,413,014	-33,007	364,555	279,002
Hire Purchase and Lease Commitments	0	0	0	0	0	0	0	0
other long term liabilities	0	0	0	0	0	645,785	0	0
share issue	0	0	0	0	3	0	0	3
interest	-2,517	-3,043	-1,521	-50,417	-50,440	-93,156	-51,766	-8,365
cash flow from financing	1,411,605	169,109	48,479	-1,545,382	1,444,528	1,392,691	315,063	271,045
cash and cash equivalents
cash	112,416	78,503	-4,623	1,964	4,034	109,913	-278,819	281,276
overdraft	0	0	0	0	0	-745,320	745,320	0
change in cash	112,416	78,503	-4,623	1,964	4,034	855,233	-1,024,139	281,276

Very Low Risk70 - 100

Low Risk50 - 70

Moderate Risk30 - 50

High Risk20 - 30

Very High Risk0 - 20

Get a comprehensive credit check for addis homes ltd. Get real-time insights into addis homes ltd's credit score, group structure and payment trends.

From as little as £6.99

This will not impact your credit rating!

View Credit Report Sample

Perform a competitor analysis for addis homes ltd by selecting its closest rivals, whether from the CONSTRUCTION sector, other small companies, companies in BH15 area or any other competitors across 12 key performance metrics.

ADDIS HOMES LTD group structure

Addis Homes Ltd has no subsidiary companies.

Ultimate parent company

ADDIS HOMES LTD

09412527

ADDIS HOMES LTD Shareholders

mrs jayne diane kerry	56.67%
mr alan addis	33.33%
mr alexander james fulton addis	10%

Addis Homes Ltd currently has 3 directors. The longest serving directors include Mrs Jayne Kerry (Jan 2015) and Mr Alexander Addis (Jan 2015).

officer	country	age	start	end	role
Mrs Jayne Kerry	England	64 years	Jan 2015	-	Director
Mr Alexander Addis	England	34 years	Jan 2015	-	Director
Mr Alan Addis	England	76 years	Jan 2015	-	Director

P&L

December 2022

turnover

1.2m

+222%

operating profit

-156.5k

gross margin

26%

+6.46%

turnover

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

Balance Sheet

December 2022

net assets

-204k

+3.54%

total assets

1.8m

+5.01%

cash

113.8k

+81.76%

net assets

Total assets minus all liabilities

Similar Companies

pembrook properties limited

4.5

channon interim property services limited

gpg developments ltd

3.5

westcoast convenience limited

1.5

l j property developments limited

company number

09412527

Type

Private limited with Share Capital

industry

41100 - Development of building projects

incorporation date

January 2015

ultimate parent company

None

previous names

N/A

address

bayside business centre, 1 sovereign business park, poole, BH15 3TB

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 4 charges/mortgages relating to addis homes ltd. Currently there are 0 open charges and 4 have been satisfied in the past.

addis homes ltd Company Information

addis homes ltd Estimated Valuation

addis homes ltd Estimated Valuation

addis homes ltd Estimated Valuation

Addis Homes Ltd Overview

Addis Homes Ltd Health Check

ADDIS HOMES LTD financials

addis homes ltd Credit Report and Business Information

Addis Homes Ltd Competitor Analysis

addis homes ltd Ownership

addis homes ltd directors

addis homes ltd company details

addis homes ltd Charges & Mortgages

addis homes ltd Companies House Filings - See Documents