homefast bathrooms ltd
homefast bathrooms ltd Company Information
Company Number
09858331
Next Accounts
Sep 2025
Industry
Retail sale via mail order houses or via Internet
Directors
Shareholders
shengjia guan
Group Structure
View All
Contact
Registered Address
118 high street, erdington, birmingham, B23 6BG
Website
homefastbathrooms.co.ukhomefast bathrooms ltd Estimated Valuation
Pomanda estimates the enterprise value of HOMEFAST BATHROOMS LTD at £6.3m based on a Turnover of £14.2m and 0.44x industry multiple (adjusted for size and gross margin).
homefast bathrooms ltd Estimated Valuation
Pomanda estimates the enterprise value of HOMEFAST BATHROOMS LTD at £0 based on an EBITDA of £-8.5k and a 5.15x industry multiple (adjusted for size and gross margin).
homefast bathrooms ltd Estimated Valuation
Pomanda estimates the enterprise value of HOMEFAST BATHROOMS LTD at £122k based on Net Assets of £53.6k and 2.28x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Homefast Bathrooms Ltd Overview
Homefast Bathrooms Ltd is a live company located in birmingham, B23 6BG with a Companies House number of 09858331. It operates in the retail sale via mail order houses or via internet sector, SIC Code 47910. Founded in November 2015, it's largest shareholder is shengjia guan with a 100% stake. Homefast Bathrooms Ltd is a established, mid sized company, Pomanda has estimated its turnover at £14.2m with declining growth in recent years.
Upgrade for unlimited company reports & a free credit check
Homefast Bathrooms Ltd Health Check
Pomanda's financial health check has awarded Homefast Bathrooms Ltd a 3 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 6 areas for improvement. Company Health Check FAQs
3 Strong
2 Regular
6 Weak
Size
annual sales of £14.2m, make it larger than the average company (£505.9k)
- Homefast Bathrooms Ltd
£505.9k - Industry AVG
Growth
3 year (CAGR) sales growth of -23%, show it is growing at a slower rate (4.5%)
- Homefast Bathrooms Ltd
4.5% - Industry AVG
Production
with a gross margin of 35.9%, this company has a comparable cost of product (35.9%)
- Homefast Bathrooms Ltd
35.9% - Industry AVG
Profitability
an operating margin of -0.1% make it less profitable than the average company (2%)
- Homefast Bathrooms Ltd
2% - Industry AVG
Employees
with 1 employees, this is below the industry average (7)
1 - Homefast Bathrooms Ltd
7 - Industry AVG
Pay Structure
on an average salary of £31.5k, the company has an equivalent pay structure (£31.5k)
- Homefast Bathrooms Ltd
£31.5k - Industry AVG
Efficiency
resulting in sales per employee of £14.2m, this is more efficient (£186.9k)
- Homefast Bathrooms Ltd
£186.9k - Industry AVG
Debtor Days
it gets paid by customers after 35 days, this is later than average (19 days)
- Homefast Bathrooms Ltd
19 days - Industry AVG
Creditor Days
its suppliers are paid after 53 days, this is slower than average (32 days)
- Homefast Bathrooms Ltd
32 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Homefast Bathrooms Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (17 weeks)
0 weeks - Homefast Bathrooms Ltd
17 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 96.1%, this is a higher level of debt than the average (72.1%)
96.1% - Homefast Bathrooms Ltd
72.1% - Industry AVG
HOMEFAST BATHROOMS LTD financials
Homefast Bathrooms Ltd's latest turnover from December 2023 is estimated at £14.2 million and the company has net assets of £53.6 thousand. According to their latest financial statements, Homefast Bathrooms Ltd has 1 employee and maintains cash reserves of £7.4 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | |
|---|---|---|---|---|---|---|---|---|
| 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 | 1 | 1 | 1 | 1 | ||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | |
|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Stock & work in progress | 0 | 0 | 36,200 | 35,890 | 60,000 | 20,000 | 36,000 | 10,013 |
| Trade Debtors | 1,374,431 | 560,892 | 905,375 | 3,436,221 | 718,911 | 812,203 | 1,573,698 | 1,116,754 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 7,049 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 7,411 | 17,021 | 1,373 | 1,750 | 2,515 | 7,354 | 8,129 | 17,762 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 1,381,842 | 584,962 | 942,948 | 3,473,861 | 781,426 | 839,557 | 1,617,827 | 1,144,529 |
| total assets | 1,381,842 | 584,962 | 942,948 | 3,473,861 | 781,426 | 839,557 | 1,617,827 | 1,144,529 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 1,325,870 | 522,344 | 870,558 | 3,400,457 | 730,412 | 797,155 | 1,597,146 | 1,135,935 |
| Group/Directors Accounts | 0 | 0 | 0 | 497 | 497 | 497 | 0 | 0 |
| 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 | 2,372 | 1,135 | 3,580 | 10,560 | 4,714 | 10,417 | 0 | 0 |
| total current liabilities | 1,328,242 | 523,479 | 874,138 | 3,411,514 | 735,623 | 808,069 | 1,597,146 | 1,135,935 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 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 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 1,328,242 | 523,479 | 874,138 | 3,411,514 | 735,623 | 808,069 | 1,597,146 | 1,135,935 |
| net assets | 53,600 | 61,483 | 68,810 | 62,347 | 45,803 | 31,488 | 20,681 | 8,594 |
| total shareholders funds | 53,600 | 61,483 | 68,810 | 62,347 | 45,803 | 31,488 | 20,681 | 8,594 |
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Operating Profit | ||||||||
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | ||||||||
| Stock | 0 | -36,200 | 310 | -24,110 | 40,000 | -16,000 | 25,987 | 10,013 |
| Debtors | 806,490 | -337,434 | -2,530,846 | 2,717,310 | -93,292 | -761,495 | 456,944 | 1,116,754 |
| Creditors | 803,526 | -348,214 | -2,529,899 | 2,670,045 | -66,743 | -799,991 | 461,211 | 1,135,935 |
| Accruals and Deferred Income | 1,237 | -2,445 | -6,980 | 5,846 | -5,703 | 10,417 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | ||||||||
| Investing Activities | ||||||||
| capital expenditure | ||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | ||||||||
| Financing Activities | ||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | -497 | 0 | 0 | 497 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||||
| interest | ||||||||
| cash flow from financing | ||||||||
| cash and cash equivalents | ||||||||
| cash | -9,610 | 15,648 | -377 | -765 | -4,839 | -775 | -9,633 | 17,762 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -9,610 | 15,648 | -377 | -765 | -4,839 | -775 | -9,633 | 17,762 |
homefast bathrooms ltd Credit Report and Business Information
Homefast Bathrooms Ltd Competitor Analysis
Perform a competitor analysis for homefast bathrooms ltd by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other mid companies, companies in B23 area or any other competitors across 12 key performance metrics.
homefast bathrooms ltd Ownership
HOMEFAST BATHROOMS LTD group structure
Homefast Bathrooms Ltd has no subsidiary companies.
Ultimate parent company
HOMEFAST BATHROOMS LTD
09858331
homefast bathrooms ltd directors
Homefast Bathrooms Ltd currently has 1 director, Mr Shengjia Guan serving since Aug 2020.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Shengjia Guan | England | 61 years | Aug 2020 | - | Director |
P&L
December 2023turnover
14.2m
+169%
operating profit
-8.5k
0%
gross margin
35.9%
-0.79%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
53.6k
-0.13%
total assets
1.4m
+1.36%
cash
7.4k
-0.56%
net assets
Total assets minus all liabilities
homefast bathrooms ltd company details
company number
09858331
Type
Private limited with Share Capital
industry
47910 - Retail sale via mail order houses or via Internet
incorporation date
November 2015
age
10
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
December 2023
previous names
N/A
accountant
-
auditor
-
address
118 high street, erdington, birmingham, B23 6BG
Bank
-
Legal Advisor
-
homefast bathrooms 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 did not find charges/mortgages relating to homefast bathrooms ltd.
homefast bathrooms 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.
Click to start generating capital raising & share issue transactions for HOMEFAST BATHROOMS LTD. This can take several minutes, an email will notify you when this has completed.
homefast bathrooms ltd Companies House Filings - See Documents
| date | description | view/download |
|---|
