homes gm property ltd

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homes gm property ltd Company Information

Share HOMES GM PROPERTY LTD

Company Number

09705509

Shareholders

guy manners

neeraj takiar

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Group Structure

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Industry

Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.

 +2

Registered Address

suite 6a hadfield house, gordon street, stockport, SK4 1RR

Website

-

homes gm property ltd Estimated Valuation

£1.6m

Pomanda estimates the enterprise value of HOMES GM PROPERTY LTD at £1.6m based on a Turnover of £536k and 2.96x industry multiple (adjusted for size and gross margin).

homes gm property ltd Estimated Valuation

£742.6k

Pomanda estimates the enterprise value of HOMES GM PROPERTY LTD at £742.6k based on an EBITDA of £113.6k and a 6.53x industry multiple (adjusted for size and gross margin).

homes gm property ltd Estimated Valuation

£358.2k

Pomanda estimates the enterprise value of HOMES GM PROPERTY LTD at £358.2k based on Net Assets of £209.3k and 1.71x industry multiple (adjusted for liquidity).

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Homes Gm Property Ltd Overview

Homes Gm Property Ltd is a live company located in stockport, SK4 1RR with a Companies House number of 09705509. It operates in the buying and selling of own real estate sector, SIC Code 68100. Founded in July 2015, it's largest shareholder is guy manners with a 50% stake. Homes Gm Property Ltd is a established, small sized company, Pomanda has estimated its turnover at £536k with rapid growth in recent years.

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Homes Gm Property Ltd Health Check

Pomanda's financial health check has awarded Homes Gm Property Ltd a 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

Health Check Image
Health Rating5out of 5
positive_score

5 Strong

positive_score

2 Regular

positive_score

4 Weak

size

Size

annual sales of £536k, make it smaller than the average company (£779.3k)

£536k - Homes Gm Property Ltd

£779.3k - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 43%, show it is growing at a faster rate (3.6%)

43% - Homes Gm Property Ltd

3.6% - Industry AVG

production

Production

with a gross margin of 70.1%, this company has a comparable cost of product (70.1%)

70.1% - Homes Gm Property Ltd

70.1% - Industry AVG

profitability

Profitability

an operating margin of 21.2% make it more profitable than the average company (17.5%)

21.2% - Homes Gm Property Ltd

17.5% - Industry AVG

employees

Employees

with 2 employees, this is below the industry average (4)

2 - Homes Gm Property Ltd

4 - Industry AVG

paystructure

Pay Structure

on an average salary of £37.9k, the company has an equivalent pay structure (£37.9k)

£37.9k - Homes Gm Property Ltd

£37.9k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £268k, this is more efficient (£164k)

£268k - Homes Gm Property Ltd

£164k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 59 days, this is later than average (36 days)

59 days - Homes Gm Property Ltd

36 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 53 days, this is slower than average (32 days)

53 days - Homes Gm Property Ltd

32 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Homes Gm Property Ltd

- - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 32 weeks, this is more cash available to meet short term requirements (21 weeks)

32 weeks - Homes Gm Property Ltd

21 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 74.3%, this is a higher level of debt than the average (64.3%)

74.3% - Homes Gm Property Ltd

64.3% - Industry AVG

HOMES GM PROPERTY LTD financials

EXPORTms excel logo

Homes Gm Property Ltd's latest turnover from December 2023 is estimated at £536 thousand and the company has net assets of £209.3 thousand. According to their latest financial statements, Homes Gm Property Ltd has 2 employees and maintains cash reserves of £14.7 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016
Turnover535,987277,005322,707184,076330,58091,37662,608519,096
Other Income Or Grants
Cost Of Sales160,50880,10796,84952,69191,17625,81217,067156,468
Gross Profit375,479196,897225,859131,384239,40465,56445,541362,628
Admin Expenses261,834111,495182,24592,232208,94150,12829,285362,031
Operating Profit113,64585,40243,61439,15230,46315,43616,256597
Interest Payable76,71777,28844,59440,43944,63835,55013,983
Interest Receivable7477615712522801773
Pre-Tax Profit37,6758,874-923-1,275-14,123-19,8342,451600
Tax-9,419-1,686-466-120
Profit After Tax28,2567,188-923-1,275-14,123-19,8341,985480
Dividends Paid
Retained Profit28,2567,188-923-1,275-14,123-19,8341,985480
Employee Costs75,82174,49070,10568,02170,98467,84731,682128,959
Number Of Employees22222214
EBITDA*113,64585,40243,61439,15230,46315,43616,256597

* Earnings Before Interest, Tax, Depreciation and Amortisation

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016
Tangible Assets1,014,830
Intangible Assets
Investments & Other710,8841,052,2831,052,2831,032,3371,045,000
Debtors (Due After 1 year)
Total Fixed Assets710,8841,052,2831,052,2831,032,3371,045,0001,014,830
Stock & work in progress619,780780,590
Trade Debtors87,27437,71944,8416,4721,83212510,278
Group Debtors
Misc Debtors6,2381,2389,353
Cash14,70913,75629,70715,7148,1145,85668,6792,139
misc current assets
total current assets101,98351,47574,54822,18614,3528,926697,937793,007
total assets812,8671,103,7581,126,8311,054,5231,059,3521,023,756697,937793,007
Bank overdraft
Bank loan12,716
Trade Creditors 23,53823,31256,152102,8573,4997,213477,427
Group/Directors Accounts123,350143,058
other short term finances
hp & lease commitments
other current liabilities98,17127,790114,861
total current liabilities23,53823,31256,152102,857110,887154,639265,132477,427
loans537,402826,460800,660626,335686,806623,093430,240
hp & lease commitments
Accruals and Deferred Income
other liabilities23,22177,610315,000
provisions42,66444,31044,31044,31046,71641,657
total long term liabilities580,066870,770868,191748,255733,522664,750430,240315,000
total liabilities603,604894,082924,343851,112844,409819,389695,372792,427
net assets209,263209,676202,488203,411214,943204,3672,565580
total shareholders funds209,263209,676202,488203,411214,943204,3672,565580
Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016
Operating Activities
Operating Profit113,64585,40243,61439,15230,46315,43616,256597
Depreciation
Amortisation
Tax-9,419-1,686-466-120
Stock-619,780-160,810780,590
Debtors49,555-7,12238,3692343,168-6,408-80010,278
Creditors226-32,840-46,705102,857-3,499-3,714-470,214477,427
Accruals and Deferred Income-98,17170,381-87,071114,861
Deferred Taxes & Provisions-1,646-2,4065,05941,657
Cash flow from operations53,25157,998-41,46041,19899,236592,496-177,953-312,964
Investing Activities
capital expenditure1,014,830-1,014,830
Change in Investments-341,39919,946-12,6631,045,000
cash flow from investments341,399-19,94612,663-30,170-1,014,830
Financing Activities
Bank loans-12,71612,716
Group/Directors Accounts-123,350-19,708143,058
Other Short Term Loans
Long term loans-289,05825,800174,325-60,47163,713192,853430,240
Hire Purchase and Lease Commitments
other long term liabilities-23,221-54,38977,610-315,000315,000
share issue-28,669-10,25724,699221,636100
interest-75,970-76,527-44,537-40,427-44,586-35,270-13,8063
cash flow from financing-393,697-73,94875,399-46,261-66,808359,511244,492315,103
cash and cash equivalents
cash953-15,95113,9937,6002,258-62,82366,5402,139
overdraft
change in cash953-15,95113,9937,6002,258-62,82366,5402,139

homes gm property 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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Homes Gm Property Ltd Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for homes gm property ltd by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other small companies, companies in SK4 area or any other competitors across 12 key performance metrics.

homes gm property ltd Ownership

HOMES GM PROPERTY LTD group structure

Homes Gm Property Ltd has no subsidiary companies.

Ultimate parent company

HOMES GM PROPERTY LTD

09705509

HOMES GM PROPERTY LTD Shareholders

guy manners 50%
neeraj takiar 25%
anu takiar 25%

homes gm property ltd directors

Homes Gm Property Ltd currently has 2 directors. The longest serving directors include Mr Neeraj Takiar (Jul 2015) and Mr Guy Manners (Jul 2015).

officercountryagestartendrole
Mr Neeraj TakiarEngland57 years Jul 2015- Director
Mr Guy MannersEngland54 years Jul 2015- Director

P&L

December 2023

turnover

536k

+93%

operating profit

113.6k

0%

gross margin

70.1%

-1.44%

turnover

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

Balance Sheet

December 2023

net assets

209.3k

0%

total assets

812.9k

-0.26%

cash

14.7k

+0.07%

net assets

Total assets minus all liabilities

homes gm property ltd company details

company number

09705509

Type

Private limited with Share Capital

industry

68100 - Buying and selling of own real estate

68209 - Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.

68320 - Management of real estate on a fee or contract basis

incorporation date

July 2015

age

10

incorporated

UK

ultimate parent company

None

accounts

Total Exemption Full

last accounts submitted

December 2023

previous names

raan gm property ltd (June 2021)

homes gm property ltd (April 2021)

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accountant

-

auditor

-

address

suite 6a hadfield house, gordon street, stockport, SK4 1RR

Bank

-

Legal Advisor

-

homes gm property 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 11 charges/mortgages relating to homes gm property ltd. Currently there are 9 open charges and 2 have been satisfied in the past.

homes gm property 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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homes gm property ltd Companies House Filings - See Documents

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