smith homes 6 limited

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smith homes 6 limited Company Information

Share SMITH HOMES 6 LIMITED

Company Number

09877089

Directors

Carly Smith

Shareholders

carly smith

Group Structure

View All

Industry

Development of building projects

 

Registered Address

12 west street, ware, hertfordshire, SG12 9EE

Website

-

smith homes 6 limited Estimated Valuation

£4.5m

Pomanda estimates the enterprise value of SMITH HOMES 6 LIMITED at £4.5m based on a Turnover of £10.8m and 0.41x industry multiple (adjusted for size and gross margin).

smith homes 6 limited Estimated Valuation

£0

Pomanda estimates the enterprise value of SMITH HOMES 6 LIMITED at £0 based on an EBITDA of £-218k and a 3.16x industry multiple (adjusted for size and gross margin).

smith homes 6 limited Estimated Valuation

£356k

Pomanda estimates the enterprise value of SMITH HOMES 6 LIMITED at £356k based on Net Assets of £256.8k and 1.39x industry multiple (adjusted for liquidity).

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Smith Homes 6 Limited Overview

Smith Homes 6 Limited is a live company located in hertfordshire, SG12 9EE with a Companies House number of 09877089. It operates in the development of building projects sector, SIC Code 41100. Founded in November 2015, it's largest shareholder is carly smith with a 100% stake. Smith Homes 6 Limited is a established, mid sized company, Pomanda has estimated its turnover at £10.8m with declining growth in recent years.

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Smith Homes 6 Limited Health Check

Pomanda's financial health check has awarded Smith Homes 6 Limited a 2.5 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

Health Check Image
Health Rating2.5out of 5
positive_score

3 Strong

positive_score

1 Regular

positive_score

6 Weak

size

Size

annual sales of £10.8m, make it larger than the average company (£2.2m)

£10.8m - Smith Homes 6 Limited

£2.2m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -20%, show it is growing at a slower rate (3.9%)

-20% - Smith Homes 6 Limited

3.9% - Industry AVG

production

Production

with a gross margin of 9.7%, this company has a higher cost of product (26.6%)

9.7% - Smith Homes 6 Limited

26.6% - Industry AVG

profitability

Profitability

an operating margin of -2% make it less profitable than the average company (6.8%)

-2% - Smith Homes 6 Limited

6.8% - Industry AVG

employees

Employees

with 2 employees, this is below the industry average (6)

2 - Smith Homes 6 Limited

6 - Industry AVG

paystructure

Pay Structure

on an average salary of £47.1k, the company has an equivalent pay structure (£47.1k)

£47.1k - Smith Homes 6 Limited

£47.1k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £5.4m, this is more efficient (£267.8k)

£5.4m - Smith Homes 6 Limited

£267.8k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 141 days, this is later than average (28 days)

141 days - Smith Homes 6 Limited

28 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 73 days, this is slower than average (30 days)

73 days - Smith Homes 6 Limited

30 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Smith Homes 6 Limited

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - Smith Homes 6 Limited

- - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 94.3%, this is a higher level of debt than the average (72.6%)

94.3% - Smith Homes 6 Limited

72.6% - Industry AVG

SMITH HOMES 6 LIMITED financials

EXPORTms excel logo

Smith Homes 6 Limited's latest turnover from November 2023 is estimated at £10.8 million and the company has net assets of £256.8 thousand. According to their latest financial statements, Smith Homes 6 Limited has 2 employees and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Nov 2023Nov 2022Nov 2021Nov 2020Nov 2019Nov 2018Nov 2017Nov 2016
Turnover10,810,69510,412,86817,021,83720,860,69125,328,77812,127,1147,934,84729,597,224
Other Income Or Grants
Cost Of Sales9,761,7719,401,08415,543,18018,810,83922,732,86110,856,4037,025,88526,127,264
Gross Profit1,048,9241,011,7841,478,6582,049,8522,595,9171,270,711908,9623,469,959
Admin Expenses1,266,965555,199-28,600763,4373,221,0291,460,6202,174,3923,547,356
Operating Profit-218,041456,5851,507,2581,286,415-625,112-189,909-1,265,430-77,397
Interest Payable
Interest Receivable
Pre-Tax Profit-218,041456,5851,507,2581,286,415-625,112-189,909-1,265,430-77,397
Tax-86,751-286,379-244,419
Profit After Tax-218,041369,8341,220,8791,041,996-625,112-189,909-1,265,430-77,397
Dividends Paid
Retained Profit-218,041369,8341,220,8791,041,996-625,112-189,909-1,265,430-77,397
Employee Costs94,293134,669131,532129,4031,489,687758,550499,4021,682,903
Number Of Employees233335181241
EBITDA*-218,041466,1481,507,2581,286,415-625,112-189,909-1,265,430-77,397

* Earnings Before Interest, Tax, Depreciation and Amortisation

Nov 2023Nov 2022Nov 2021Nov 2020Nov 2019Nov 2018Nov 2017Nov 2016
Tangible Assets21,51528,68738,2503,348,815
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets21,51528,68738,2503,348,815
Stock & work in progress
Trade Debtors4,177,1664,240,0426,614,2108,874,3748,118,8952,061,1699,847,326
Group Debtors
Misc Debtors328,629341,429340,02965,800
Cash
misc current assets79,19397,587107,800
total current assets4,505,7954,581,4716,954,2398,940,1748,198,08897,5872,168,9699,847,326
total assets4,527,3104,610,1586,992,4898,940,1748,198,0883,446,4022,168,9699,847,326
Bank overdraft
Bank loan
Trade Creditors 1,964,5761,912,9043,647,0222,643,5892,583,8033,404,9621,438,957700,411
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
total current liabilities1,964,5761,912,9043,647,0222,643,5892,583,8033,404,9621,438,957700,411
loans
hp & lease commitments
Accruals and Deferred Income1,2953,8348,5533,1611,6442,5332,8433,464
other liabilities2,304,6192,218,5593,231,8877,409,2767,770,4891,571,6432,069,9969,220,848
provisions
total long term liabilities2,305,9142,222,3933,240,4407,412,4377,772,1331,574,1762,072,8399,224,312
total liabilities4,270,4904,135,2976,887,46210,056,02610,355,9364,979,1383,511,7969,924,723
net assets256,820474,861105,027-1,115,852-2,157,848-1,532,736-1,342,827-77,397
total shareholders funds256,820474,861105,027-1,115,852-2,157,848-1,532,736-1,342,827-77,397
Nov 2023Nov 2022Nov 2021Nov 2020Nov 2019Nov 2018Nov 2017Nov 2016
Operating Activities
Operating Profit-218,041456,5851,507,2581,286,415-625,112-189,909-1,265,430-77,397
Depreciation9,563
Amortisation
Tax-86,751-286,379-244,419
Stock
Debtors-75,676-2,372,768-1,985,935821,2798,118,895-2,061,169-7,786,1579,847,326
Creditors51,672-1,734,1181,003,43359,786-821,1591,966,005738,546700,411
Accruals and Deferred Income-2,539-4,7195,3921,517-889-310-6213,464
Deferred Taxes & Provisions
Cash flow from operations-93,2321,013,3284,215,639282,020-9,566,0553,836,9557,258,652-9,220,848
Investing Activities
capital expenditure7,172-38,2503,348,815-3,348,815
Change in Investments
cash flow from investments7,172-38,2503,348,815-3,348,815
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities86,060-1,013,328-4,177,389-361,2136,198,846-498,353-7,150,8529,220,848
share issue
interest
cash flow from financing86,060-1,013,328-4,177,389-361,2136,198,846-498,353-7,150,8529,220,848
cash and cash equivalents
cash
overdraft
change in cash

smith homes 6 limited 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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Smith Homes 6 Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for smith homes 6 limited by selecting its closest rivals, whether from the CONSTRUCTION sector, other mid companies, companies in SG12 area or any other competitors across 12 key performance metrics.

smith homes 6 limited Ownership

SMITH HOMES 6 LIMITED group structure

Smith Homes 6 Limited has no subsidiary companies.

Ultimate parent company

SMITH HOMES 6 LIMITED

09877089

SMITH HOMES 6 LIMITED Shareholders

carly smith 100%

smith homes 6 limited directors

Smith Homes 6 Limited currently has 1 director, Miss Carly Smith serving since Nov 2015.

officercountryagestartendrole
Miss Carly SmithEngland38 years Nov 2015- Director

P&L

November 2023

turnover

10.8m

+4%

operating profit

-218k

0%

gross margin

9.8%

-0.14%

turnover

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

Balance Sheet

November 2023

net assets

256.8k

-0.46%

total assets

4.5m

-0.02%

cash

0

0%

net assets

Total assets minus all liabilities

smith homes 6 limited company details

company number

09877089

Type

Private limited with Share Capital

industry

41100 - Development of building projects

incorporation date

November 2015

age

10

incorporated

UK

ultimate parent company

None

accounts

Micro-Entity Accounts

last accounts submitted

November 2023

previous names

N/A

accountant

-

auditor

-

address

12 west street, ware, hertfordshire, SG12 9EE

Bank

-

Legal Advisor

-

smith homes 6 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 7 charges/mortgages relating to smith homes 6 limited. Currently there are 7 open charges and 0 have been satisfied in the past.

smith homes 6 limited 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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smith homes 6 limited Companies House Filings - See Documents

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