nottingham city homes enterprises limited
nottingham city homes enterprises limited Company Information
Company Number
09805670
Registered Address
loxley house station street, nottingham, NG2 3NJ
Industry
Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.
Construction of domestic buildings
Telephone
-
Next Accounts Due
December 2025
Group Structure
View All
Shareholders
nottingham city homes limited 100%
nottingham city homes enterprises limited Estimated Valuation
Pomanda estimates the enterprise value of NOTTINGHAM CITY HOMES ENTERPRISES LIMITED at £71.8k based on a Turnover of £37.5k and 1.91x industry multiple (adjusted for size and gross margin).
nottingham city homes enterprises limited Estimated Valuation
Pomanda estimates the enterprise value of NOTTINGHAM CITY HOMES ENTERPRISES LIMITED at £7m based on an EBITDA of £1.3m and a 5.41x industry multiple (adjusted for size and gross margin).
nottingham city homes enterprises limited Estimated Valuation
Pomanda estimates the enterprise value of NOTTINGHAM CITY HOMES ENTERPRISES LIMITED at £5.2m based on Net Assets of £3.5m and 1.47x industry multiple (adjusted for liquidity).
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Nottingham City Homes Enterprises Limited Overview
Nottingham City Homes Enterprises Limited is a live company located in nottingham, NG2 3NJ with a Companies House number of 09805670. It operates in the construction of domestic buildings sector, SIC Code 41202. Founded in October 2015, it's largest shareholder is nottingham city homes limited with a 100% stake. Nottingham City Homes Enterprises Limited is a young, micro sized company, Pomanda has estimated its turnover at £37.5k with declining growth in recent years.
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Nottingham City Homes Enterprises Limited Health Check
Pomanda's financial health check has awarded Nottingham City Homes Enterprises Limited a 2.5 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
2 Strong
3 Regular
6 Weak
Size
annual sales of £37.5k, make it smaller than the average company (£667.7k)
- Nottingham City Homes Enterprises Limited
£667.7k - Industry AVG
Growth
3 year (CAGR) sales growth of -61%, show it is growing at a slower rate (7.4%)
- Nottingham City Homes Enterprises Limited
7.4% - Industry AVG
Production
with a gross margin of 49.5%, this company has a comparable cost of product (49.5%)
- Nottingham City Homes Enterprises Limited
49.5% - Industry AVG
Profitability
an operating margin of 3448.3% make it more profitable than the average company (18.4%)
- Nottingham City Homes Enterprises Limited
18.4% - Industry AVG
Employees
with 1 employees, this is below the industry average (3)
- Nottingham City Homes Enterprises Limited
3 - Industry AVG
Pay Structure
on an average salary of £37.2k, the company has an equivalent pay structure (£37.2k)
- Nottingham City Homes Enterprises Limited
£37.2k - Industry AVG
Efficiency
resulting in sales per employee of £37.5k, this is less efficient (£185.9k)
- Nottingham City Homes Enterprises Limited
£185.9k - Industry AVG
Debtor Days
it gets paid by customers after 29 days, this is near the average (27 days)
- Nottingham City Homes Enterprises Limited
27 days - Industry AVG
Creditor Days
its suppliers are paid after 211 days, this is slower than average (34 days)
- Nottingham City Homes Enterprises Limited
34 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Nottingham City Homes Enterprises Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 3 weeks, this is less cash available to meet short term requirements (13 weeks)
3 weeks - Nottingham City Homes Enterprises Limited
13 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 82.2%, this is a higher level of debt than the average (67.3%)
82.2% - Nottingham City Homes Enterprises Limited
67.3% - Industry AVG
NOTTINGHAM CITY HOMES ENTERPRISES LIMITED financials
Nottingham City Homes Enterprises Limited's latest turnover from March 2024 is estimated at £37.5 thousand and the company has net assets of £3.5 million. According to their latest financial statements, we estimate that Nottingham City Homes Enterprises Limited has 1 employee and maintains cash reserves of £921 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Apr 2016 | |
|---|---|---|---|---|---|---|---|---|---|
| Turnover | 1,459,000 | 1,419,000 | 648,000 | 86,000 | 0 | 0 | |||
| Other Income Or Grants | 0 | 0 | |||||||
| Cost Of Sales | 0 | 0 | |||||||
| Gross Profit | 0 | 0 | |||||||
| Admin Expenses | 0 | 0 | |||||||
| Operating Profit | 2,401,000 | 2,567,000 | 2,244,000 | 39,000 | 0 | 0 | |||
| Interest Payable | 917,000 | 949,000 | 413,000 | 42,000 | 0 | 0 | |||
| Interest Receivable | 0 | 0 | 0 | 0 | 0 | 0 | |||
| Pre-Tax Profit | 1,484,000 | 1,618,000 | 1,831,000 | -3,000 | 0 | 0 | |||
| Tax | -367,000 | -509,000 | -334,000 | 0 | 0 | 0 | |||
| Profit After Tax | 1,117,000 | 1,109,000 | 1,497,000 | -3,000 | 0 | 0 | |||
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | |||
| Retained Profit | 1,117,000 | 1,109,000 | 1,497,000 | -3,000 | 0 | 0 | |||
| Employee Costs | 0 | 0 | |||||||
| Number Of Employees | |||||||||
| EBITDA* | 2,401,000 | 2,567,000 | 2,244,000 | 39,000 | 0 | 0 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Apr 2016 | |
|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 0 | 0 | 0 | 0 | 0 | 2,298,000 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 18,835,000 | 24,030,000 | 22,737,000 | 21,105,000 | 6,124,000 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 18,835,000 | 24,030,000 | 22,737,000 | 21,105,000 | 6,124,000 | 2,298,000 | 0 | 0 | 0 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 3,000 | 31,000 | 33,000 | 41,000 | 0 | 0 | 0 | 0 | 0 |
| Group Debtors | 37,000 | 31,000 | 262,000 | 252,000 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 921,000 | 419,000 | 246,000 | 81,000 | 0 | 0 | 0 | 0 | 0 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 961,000 | 481,000 | 541,000 | 374,000 | 0 | 0 | 0 | 0 | 0 |
| total assets | 19,796,000 | 24,511,000 | 23,278,000 | 21,479,000 | 6,124,000 | 2,298,000 | 0 | 0 | 0 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 11,000 | 1,000 | 41,000 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 15,122,000 | 19,403,000 | 853,000 | 549,000 | 5,926,000 | 2,298,000 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 224,000 | 177,000 | 201,000 | 184,000 | 201,000 | 0 | 0 | 0 | 0 |
| total current liabilities | 15,357,000 | 19,581,000 | 1,095,000 | 733,000 | 6,127,000 | 2,298,000 | 0 | 0 | 0 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 18,737,000 | 18,909,000 | 0 | 0 | 0 | 0 | 0 |
| provisions | 913,000 | 1,210,000 | 843,000 | 343,000 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 913,000 | 1,210,000 | 19,580,000 | 19,252,000 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 16,270,000 | 20,791,000 | 20,675,000 | 19,985,000 | 6,127,000 | 2,298,000 | 0 | 0 | 0 |
| net assets | 3,526,000 | 3,720,000 | 2,603,000 | 1,494,000 | -3,000 | 0 | 0 | 0 | 0 |
| total shareholders funds | 3,526,000 | 3,720,000 | 2,603,000 | 1,494,000 | -3,000 | 0 | 0 | 0 | 0 |
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Apr 2016 | |
|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||
| Operating Profit | 2,401,000 | 2,567,000 | 2,244,000 | 39,000 | 0 | 0 | |||
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||
| Tax | -367,000 | -509,000 | -334,000 | 0 | 0 | 0 | |||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | -22,000 | -233,000 | 2,000 | 293,000 | 0 | 0 | 0 | 0 | 0 |
| Creditors | 10,000 | -40,000 | 41,000 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 47,000 | -24,000 | 17,000 | -17,000 | 201,000 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | -297,000 | 367,000 | 500,000 | 343,000 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | 2,570,000 | 2,614,000 | 1,943,000 | 240,000 | 0 | 0 | |||
| Investing Activities | |||||||||
| capital expenditure | 0 | 0 | -3,646,000 | -2,298,000 | 0 | ||||
| Change in Investments | -5,195,000 | 1,293,000 | 1,632,000 | 14,981,000 | 6,124,000 | 0 | 0 | 0 | 0 |
| cash flow from investments | -1,632,000 | -14,981,000 | -9,770,000 | -2,298,000 | 0 | ||||
| Financing Activities | |||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | -4,281,000 | 18,550,000 | 304,000 | -5,377,000 | 3,628,000 | 2,298,000 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | -18,737,000 | -172,000 | 18,909,000 | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||||||
| interest | -917,000 | -949,000 | -413,000 | -42,000 | 0 | 0 | |||
| cash flow from financing | -1,104,000 | -817,000 | 13,119,000 | 3,586,000 | 2,298,000 | 0 | |||
| cash and cash equivalents | |||||||||
| cash | 502,000 | 173,000 | 165,000 | 81,000 | 0 | 0 | 0 | 0 | 0 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 502,000 | 173,000 | 165,000 | 81,000 | 0 | 0 | 0 | 0 | 0 |
nottingham city homes enterprises limited Credit Report and Business Information
Nottingham City Homes Enterprises Limited Competitor Analysis
Perform a competitor analysis for nottingham city homes enterprises limited by selecting its closest rivals, whether from the CONSTRUCTION sector, other micro companies, companies in NG2 area or any other competitors across 12 key performance metrics.
nottingham city homes enterprises limited Ownership
NOTTINGHAM CITY HOMES ENTERPRISES LIMITED group structure
Nottingham City Homes Enterprises Limited has no subsidiary companies.
Ultimate parent company
1 parent
NOTTINGHAM CITY HOMES ENTERPRISES LIMITED
09805670
nottingham city homes enterprises limited directors
Nottingham City Homes Enterprises Limited currently has 8 directors. The longest serving directors include Mr Adrian Cheetham (Oct 2020) and Ms Madeleine Forster (Apr 2023).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Adrian Cheetham | England | 53 years | Oct 2020 | - | Director |
| Ms Madeleine Forster | England | 65 years | Apr 2023 | - | Director |
| Mr Kieran Timmins | 56 years | Apr 2023 | - | Director | |
| Mr Samuel Webster | England | 45 years | May 2023 | - | Director |
| Ms Victoria Evans | England | 43 years | May 2023 | - | Director |
| Mr Mark Martin | England | 49 years | Jul 2023 | - | Director |
| Ms Monwara Ryatt | England | 54 years | Nov 2023 | - | Director |
| Ms Natalie Shaw | United Kingdom | 53 years | Feb 2024 | - | Director |
P&L
March 2024turnover
37.5k
-97%
operating profit
1.3m
0%
gross margin
49.5%
+4.23%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2024net assets
3.5m
-0.05%
total assets
19.8m
-0.19%
cash
921k
+1.2%
net assets
Total assets minus all liabilities
nottingham city homes enterprises limited company details
company number
09805670
Type
Private limited with Share Capital
industry
68209 - Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.
41202 - Construction of domestic buildings
incorporation date
October 2015
age
9
incorporated
UK
ultimate parent company
accounts
Small Company
last accounts submitted
March 2024
previous names
N/A
accountant
BISHOP FLEMING LLP
auditor
-
address
loxley house station street, nottingham, NG2 3NJ
Bank
LLOYDS TSB BANK PLC
Legal Advisor
NOTTINGHAM CITY COUNCIL
nottingham city homes enterprises 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 4 charges/mortgages relating to nottingham city homes enterprises limited. Currently there are 4 open charges and 0 have been satisfied in the past.
nottingham city homes enterprises limited Companies House Filings - See Documents
| date | description | view/download |
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