homes made simple limited

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homes made simple limited Company Information

Share HOMES MADE SIMPLE LIMITED

Company Number

09999603

Shareholders

wendy ong

antony ong

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Group Structure

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Industry

Other financial service activities, except insurance and pension funding, (not including security dealing on own account and factoring) n.e.c.

 

Registered Address

suites 7-8, raglan house, william brown close, cwmbran, gwent, NP44 3AB

homes made simple limited Estimated Valuation

£1.9m

Pomanda estimates the enterprise value of HOMES MADE SIMPLE LIMITED at £1.9m based on a Turnover of £1.5m and 1.27x industry multiple (adjusted for size and gross margin).

homes made simple limited Estimated Valuation

£64.7k

Pomanda estimates the enterprise value of HOMES MADE SIMPLE LIMITED at £64.7k based on an EBITDA of £14.7k and a 4.39x industry multiple (adjusted for size and gross margin).

homes made simple limited Estimated Valuation

£44.8k

Pomanda estimates the enterprise value of HOMES MADE SIMPLE LIMITED at £44.8k based on Net Assets of £34.3k and 1.31x industry multiple (adjusted for liquidity).

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Homes Made Simple Limited Overview

Homes Made Simple Limited is a live company located in cwmbran, NP44 3AB with a Companies House number of 09999603. It operates in the financial intermediation not elsewhere classified sector, SIC Code 64999. Founded in February 2016, it's largest shareholder is wendy ong with a 30% stake. Homes Made Simple Limited is a young, small sized company, Pomanda has estimated its turnover at £1.5m with declining growth in recent years.

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Homes Made Simple Limited Health Check

Pomanda's financial health check has awarded Homes Made Simple Limited a 1 rating. We use a traffic light system to show it exceeds the industry average on 0 measures and has 7 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating1out of 5
positive_score

0 Strong

positive_score

3 Regular

positive_score

7 Weak

size

Size

annual sales of £1.5m, make it smaller than the average company (£5.3m)

£1.5m - Homes Made Simple Limited

£5.3m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -4%, show it is growing at a slower rate (6.4%)

-4% - Homes Made Simple Limited

6.4% - Industry AVG

production

Production

with a gross margin of 54.7%, this company has a comparable cost of product (54.7%)

54.7% - Homes Made Simple Limited

54.7% - Industry AVG

profitability

Profitability

an operating margin of 1% make it less profitable than the average company (9.1%)

1% - Homes Made Simple Limited

9.1% - Industry AVG

employees

Employees

with 7 employees, this is below the industry average (12)

7 - Homes Made Simple Limited

12 - Industry AVG

paystructure

Pay Structure

on an average salary of £79.5k, the company has an equivalent pay structure (£79.5k)

£79.5k - Homes Made Simple Limited

£79.5k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £214.1k, this is equally as efficient (£217.1k)

£214.1k - Homes Made Simple Limited

£217.1k - Industry AVG

debtordays

Debtor Days

There is insufficient data available for this Key Performance Indicator!

- - Homes Made Simple Limited

- - Industry AVG

creditordays

Creditor Days

There is insufficient data available for this Key Performance Indicator!

- - Homes Made Simple Limited

- - Industry AVG

stockdays

Stock Days

it holds stock equivalent to 102 days, this is more than average (38 days)

102 days - Homes Made Simple Limited

38 days - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 5 weeks, this is less cash available to meet short term requirements (28 weeks)

5 weeks - Homes Made Simple Limited

28 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 83.9%, this is a higher level of debt than the average (70%)

83.9% - Homes Made Simple Limited

70% - Industry AVG

HOMES MADE SIMPLE LIMITED financials

EXPORTms excel logo

Homes Made Simple Limited's latest turnover from February 2024 is estimated at £1.5 million and the company has net assets of £34.3 thousand. According to their latest financial statements, Homes Made Simple Limited has 7 employees and maintains cash reserves of £16.5 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Feb 2024Feb 2023Feb 2022Feb 2021Feb 2020Feb 2019Feb 2018Feb 2017
Turnover1,498,4661,395,0461,859,3041,686,8411,784,5511,370,477465,044549,636
Other Income Or Grants
Cost Of Sales679,379606,852766,972706,179699,175562,424189,492212,535
Gross Profit819,087788,1941,092,332980,6621,085,376808,053275,553337,102
Admin Expenses804,793780,0901,098,719998,1021,066,002804,812245,341327,542
Operating Profit14,2948,104-6,387-17,44019,3743,24130,2129,560
Interest Payable3,2583,7943,0062,0401,319750
Interest Receivable1,3231,300165291711718012
Pre-Tax Profit12,3595,610-9,228-19,45118,2262,66230,2919,571
Tax-3,090-1,066-3,463-506-5,755-1,914
Profit After Tax9,2694,544-9,228-19,45114,7632,15624,5367,657
Dividends Paid
Retained Profit9,2694,544-9,228-19,45114,7632,15624,5367,657
Employee Costs556,817518,363664,089625,641639,771485,717199,340188,616
Number Of Employees77999733
EBITDA*14,7418,700-5,594-16,38120,7855,12332,72112,537

* Earnings Before Interest, Tax, Depreciation and Amortisation

Feb 2024Feb 2023Feb 2022Feb 2021Feb 2020Feb 2019Feb 2018Feb 2017
Tangible Assets1,3391,7862,3823,1754,2345,6457,5278,932
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets1,3391,7862,3823,1754,2345,6457,5278,932
Stock & work in progress190,000195,000210,000217,000257,647215,230140,00096,912
Trade Debtors
Group Debtors
Misc Debtors4,8964,3797,31613,1803,4204,31622,152
Cash16,48233,90631,10934,93322,64622,97622,5189,340
misc current assets
total current assets211,378233,285248,425265,113283,713242,522184,670106,252
total assets212,717235,071250,807268,288287,947248,167192,197115,184
Bank overdraft10,00010,00010,0003,3335,0005,000
Bank loan
Trade Creditors 1
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities153,833176,610187,774188,527221,859191,499159,903107,427
total current liabilities163,833186,610197,774191,860226,859196,499159,904107,427
loans14,53823,38432,50046,66711,87617,219
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
total long term liabilities14,53823,38432,50046,66711,87617,219
total liabilities178,371209,994230,274238,527238,735213,718159,904107,427
net assets34,34625,07720,53329,76149,21234,44932,2937,757
total shareholders funds34,34625,07720,53329,76149,21234,44932,2937,757
Feb 2024Feb 2023Feb 2022Feb 2021Feb 2020Feb 2019Feb 2018Feb 2017
Operating Activities
Operating Profit14,2948,104-6,387-17,44019,3743,24130,2129,560
Depreciation4475967931,0591,4111,8822,5092,977
Amortisation
Tax-3,090-1,066-3,463-506-5,755-1,914
Stock-5,000-15,000-7,000-40,64742,41775,23043,08896,912
Debtors517-2,937-5,8649,760-896-17,83622,152
Creditors-11
Accruals and Deferred Income-22,777-11,164-753-33,33230,36031,59652,476107,427
Deferred Taxes & Provisions
Cash flow from operations-6,64314,4076,517-18,8266,161-21,18214,20321,138
Investing Activities
capital expenditure-1,104-11,909
Change in Investments
cash flow from investments-1,104-11,909
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans-8,846-9,116-14,16734,791-5,34317,219
Hire Purchase and Lease Commitments
other long term liabilities
share issue100
interest-1,935-2,494-2,841-2,011-1,148-5798012
cash flow from financing-10,781-11,610-17,00832,780-6,49116,64080112
cash and cash equivalents
cash-17,4242,797-3,82412,287-33045813,1789,340
overdraft6,667-1,6675,000
change in cash-17,4242,797-10,49113,954-330-4,54213,1789,340

homes made simple 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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Homes Made Simple Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for homes made simple limited by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other small companies, companies in NP44 area or any other competitors across 12 key performance metrics.

homes made simple limited Ownership

HOMES MADE SIMPLE LIMITED group structure

Homes Made Simple Limited has no subsidiary companies.

Ultimate parent company

HOMES MADE SIMPLE LIMITED

09999603

HOMES MADE SIMPLE LIMITED Shareholders

wendy ong 30%
antony ong 30%
valerie aizlewood 30%
andy william dymond 10%

homes made simple limited directors

Homes Made Simple Limited currently has 2 directors. The longest serving directors include Mr Antony Ong (Feb 2016) and Ms Valerie Aizlewood (Aug 2017).

officercountryagestartendrole
Mr Antony OngWales33 years Feb 2016- Director
Ms Valerie AizlewoodUnited Kingdom71 years Aug 2017- Director

P&L

February 2024

turnover

1.5m

+7%

operating profit

14.3k

0%

gross margin

54.7%

-3.25%

turnover

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

Balance Sheet

February 2024

net assets

34.3k

+0.37%

total assets

212.7k

-0.1%

cash

16.5k

-0.51%

net assets

Total assets minus all liabilities

homes made simple limited company details

company number

09999603

Type

Private limited with Share Capital

industry

64999 - Other financial service activities, except insurance and pension funding, (not including security dealing on own account and factoring) n.e.c.

incorporation date

February 2016

age

9

incorporated

UK

ultimate parent company

None

accounts

Total Exemption Full

last accounts submitted

February 2024

previous names

N/A

accountant

CROWN & CO ACCOUNTANTS LIMITED

auditor

-

address

suites 7-8, raglan house, william brown close, cwmbran, gwent, NP44 3AB

Bank

-

Legal Advisor

-

homes made simple 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 did not find charges/mortgages relating to homes made simple limited.

homes made simple 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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homes made simple limited Companies House Filings - See Documents

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