resolution homes (mm) ltd

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resolution homes (mm) ltd Company Information

Share RESOLUTION HOMES (MM) LTD

Company Number

09636335

Directors

Carl Porter

Carl Porter

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Shareholders

resolution (el) ltd

resolution (ctp) ltd

Group Structure

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Industry

Development of building projects

 

Registered Address

4 bassett court, newport pagnell, MK16 0JN

resolution homes (mm) ltd Estimated Valuation

£189.4k

Pomanda estimates the enterprise value of RESOLUTION HOMES (MM) LTD at £189.4k based on a Turnover of £387.4k and 0.49x industry multiple (adjusted for size and gross margin).

resolution homes (mm) ltd Estimated Valuation

£0

Pomanda estimates the enterprise value of RESOLUTION HOMES (MM) LTD at £0 based on an EBITDA of £-11.4k and a 3.86x industry multiple (adjusted for size and gross margin).

resolution homes (mm) ltd Estimated Valuation

£0

Pomanda estimates the enterprise value of RESOLUTION HOMES (MM) LTD at £0 based on Net Assets of £-103.8k and 1.41x industry multiple (adjusted for liquidity).

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Resolution Homes (mm) Ltd Overview

Resolution Homes (mm) Ltd is a live company located in newport pagnell, MK16 0JN with a Companies House number of 09636335. It operates in the development of building projects sector, SIC Code 41100. Founded in June 2015, it's largest shareholder is resolution (el) ltd with a 50% stake. Resolution Homes (mm) Ltd is a established, micro sized company, Pomanda has estimated its turnover at £387.4k with declining growth in recent years.

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Resolution Homes (mm) Ltd Health Check

Pomanda's financial health check has awarded Resolution Homes (Mm) Ltd a 0.5 rating. We use a traffic light system to show it exceeds the industry average on 0 measures and has 8 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating0.5out of 5
positive_score

0 Strong

positive_score

2 Regular

positive_score

8 Weak

size

Size

annual sales of £387.4k, make it smaller than the average company (£2.5m)

£387.4k - Resolution Homes (mm) Ltd

£2.5m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -4%, show it is growing at a slower rate (4.8%)

-4% - Resolution Homes (mm) Ltd

4.8% - Industry AVG

production

Production

with a gross margin of 27.1%, this company has a comparable cost of product (27.1%)

27.1% - Resolution Homes (mm) Ltd

27.1% - Industry AVG

profitability

Profitability

an operating margin of -2.9% make it less profitable than the average company (6.9%)

-2.9% - Resolution Homes (mm) Ltd

6.9% - Industry AVG

employees

Employees

with 3 employees, this is below the industry average (7)

3 - Resolution Homes (mm) Ltd

7 - Industry AVG

paystructure

Pay Structure

on an average salary of £48.1k, the company has an equivalent pay structure (£48.1k)

£48.1k - Resolution Homes (mm) Ltd

£48.1k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £129.1k, this is less efficient (£290.1k)

£129.1k - Resolution Homes (mm) Ltd

£290.1k - Industry AVG

debtordays

Debtor Days

There is insufficient data available for this Key Performance Indicator!

- - Resolution Homes (mm) Ltd

- - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 8 days, this is quicker than average (31 days)

8 days - Resolution Homes (mm) Ltd

31 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Resolution Homes (mm) Ltd

- - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (12 weeks)

0 weeks - Resolution Homes (mm) Ltd

12 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 354.6%, this is a higher level of debt than the average (73.6%)

354.6% - Resolution Homes (mm) Ltd

73.6% - Industry AVG

RESOLUTION HOMES (MM) LTD financials

EXPORTms excel logo

Resolution Homes (Mm) Ltd's latest turnover from December 2023 is estimated at £387.4 thousand and the company has net assets of -£103.8 thousand. According to their latest financial statements, Resolution Homes (Mm) Ltd has 3 employees and maintains cash reserves of £1 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Dec 2023Dec 2022Jun 2021Jun 2020Jun 2019Jun 2018Jun 2017Jun 2016
Turnover387,370411,195413,234434,6022,516,635996,741925,6381,092,096
Other Income Or Grants
Cost Of Sales282,461301,615315,903325,3621,824,020707,133641,227770,488
Gross Profit104,909109,58097,330109,241692,615289,608284,411321,608
Admin Expenses116,304171,27968,88665,743520,191127,922294,063321,608
Operating Profit-11,395-61,69928,44443,498172,424161,686-9,652
Interest Payable7,72128,75223,59842,112108,419135,29365,287
Interest Receivable1,1291,2002514395417
Pre-Tax Profit-17,987-89,2524,8721,40064,04426,447-74,922
Tax-926-266-12,168-5,025
Profit After Tax-17,987-89,2523,9461,13451,87621,422-74,922
Dividends Paid
Retained Profit-17,987-89,2523,9461,13451,87621,422-74,922
Employee Costs144,410138,414131,398128,766169,829167,296164,002164,846
Number Of Employees33334444
EBITDA*-11,395-61,69928,44443,498172,424161,686-9,652

* Earnings Before Interest, Tax, Depreciation and Amortisation

Dec 2023Dec 2022Jun 2021Jun 2020Jun 2019Jun 2018Jun 2017Jun 2016
Tangible Assets
Intangible Assets
Investments & Other
Debtors (Due After 1 year)8,274
Total Fixed Assets8,274
Stock & work in progress519,995367,207828,7532,140,1782,129,378
Trade Debtors486,113
Group Debtors20,003368,876
Misc Debtors20,76524,2377,0616531,0516,01222,797
Cash143,01625,53925,0402,1748,34113,2934
misc current assets
total current assets40,76967,256621,471392,9001,318,0912,154,5312,165,4684
total assets40,76975,530621,471392,9001,318,0912,154,5312,165,4684
Bank overdraft10,0348,8784,724
Bank loan206,7081,141,6951,157,179
Trade Creditors 6,25413,6577,91120,08432,87224,13225,464
Group/Directors Accounts56,60056,00056,00036,20379,71861,940123,143
other short term finances31,84131,841131,696
hp & lease commitments
other current liabilities18,05118,05122,40495,10068,41348,2602,600
total current liabilities122,780128,427222,735151,387387,7111,276,0271,308,386
loans21,76832,895395,276241,999932,000932,000932,000
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
total long term liabilities21,76832,895395,276241,999932,000932,000932,000
total liabilities144,548161,322618,011393,3861,319,7112,208,0272,240,386
net assets-103,779-85,7923,460-486-1,620-53,496-74,9184
total shareholders funds-103,779-85,7923,460-486-1,620-53,496-74,9184
Dec 2023Dec 2022Jun 2021Jun 2020Jun 2019Jun 2018Jun 2017Jun 2016
Operating Activities
Operating Profit-11,395-61,69928,44443,498172,424161,686-9,652
Depreciation
Amortisation
Tax-926-266-12,168-5,025
Stock-519,995152,788-461,546-1,311,42510,8002,129,378
Debtors8,254-43,42375,284-486,511481,152-16,78522,797
Creditors-7,4035,746-12,173-12,7888,740-1,33225,464
Accruals and Deferred Income-4,353-72,69626,68720,15345,6602,600
Deferred Taxes & Provisions
Cash flow from operations-27,052503,112-285,4231,005,1881,019,422206,974-2,133,763
Investing Activities
capital expenditure
Change in Investments
cash flow from investments
Financing Activities
Bank loans-206,708-934,987-15,4841,157,179
Group/Directors Accounts60019,797-43,51517,778-61,203123,143
Other Short Term Loans -99,855131,696
Long term loans-11,127-362,381153,277-690,001932,000
Hire Purchase and Lease Commitments
other long term liabilities
share issue4
interest-6,592-27,552-23,573-42,098-108,380-135,239-65,270
cash flow from financing-17,119-489,788281,197-982,322-1,025,589-211,9262,147,0524
cash and cash equivalents
cash-43,01517,47749922,866-6,167-4,95213,2894
overdraft1,1564,1544,724
change in cash-44,17113,323-4,22522,866-6,167-4,95213,2894

resolution homes (mm) ltd Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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Resolution Homes (mm) Ltd Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for resolution homes (mm) ltd by selecting its closest rivals, whether from the CONSTRUCTION sector, other micro companies, companies in MK16 area or any other competitors across 12 key performance metrics.

resolution homes (mm) ltd Ownership

RESOLUTION HOMES (MM) LTD group structure

Resolution Homes (Mm) Ltd has no subsidiary companies.

Ultimate parent company

RESOLUTION HOMES (MM) LTD

09636335

RESOLUTION HOMES (MM) LTD Shareholders

resolution (el) ltd 50%
resolution (ctp) ltd 50%

resolution homes (mm) ltd directors

Resolution Homes (Mm) Ltd currently has 4 directors. The longest serving directors include Mr Carl Porter (Jun 2015) and Mr Carl Porter (Jun 2015).

officercountryagestartendrole
Mr Carl PorterEngland47 years Jun 2015- Director
Mr Carl PorterEngland47 years Jun 2015- Director
Mr Edward LawleyEngland49 years Jun 2015- Director
Mr Edward LawleyEngland49 years Jun 2015- Director

P&L

December 2023

turnover

387.4k

-6%

operating profit

-11.4k

0%

gross margin

27.1%

+1.62%

turnover

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

Balance Sheet

December 2023

net assets

-103.8k

+0.21%

total assets

40.8k

-0.46%

cash

1

-1%

net assets

Total assets minus all liabilities

resolution homes (mm) ltd company details

company number

09636335

Type

Private limited with Share Capital

industry

41100 - Development of building projects

incorporation date

June 2015

age

10

incorporated

UK

ultimate parent company

None

accounts

Total Exemption Full

last accounts submitted

December 2023

previous names

resolution homes (eaton bray) ltd (October 2015)

accountant

KINGS CHARTERED ACCOUNTANTS

auditor

-

address

4 bassett court, newport pagnell, MK16 0JN

Bank

-

Legal Advisor

-

resolution homes (mm) 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 found 5 charges/mortgages relating to resolution homes (mm) ltd. Currently there are 0 open charges and 5 have been satisfied in the past.

resolution homes (mm) 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.

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resolution homes (mm) ltd Companies House Filings - See Documents

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