wright homes ltd

Live YoungMicroHealthy

wright homes ltd Company Information

Share WRIGHT HOMES LTD

Company Number

10092513

Shareholders

james wright

victoria wright

Group Structure

View All

Industry

Buying and selling of own real estate

 

Registered Address

24 gravel lane, wilmslow, SK9 6LA

wright homes ltd Estimated Valuation

£381.5k

Pomanda estimates the enterprise value of WRIGHT HOMES LTD at £381.5k based on a Turnover of £184.3k and 2.07x industry multiple (adjusted for size and gross margin).

wright homes ltd Estimated Valuation

£0

Pomanda estimates the enterprise value of WRIGHT HOMES LTD at £0 based on an EBITDA of £-79.1k and a 4.44x industry multiple (adjusted for size and gross margin).

wright homes ltd Estimated Valuation

£0

Pomanda estimates the enterprise value of WRIGHT HOMES LTD at £0 based on Net Assets of £-296.2k and 1.58x industry multiple (adjusted for liquidity).

Edit your figures and get a professional valuation report.

Wright Homes Ltd Overview

Wright Homes Ltd is a live company located in wilmslow, SK9 6LA with a Companies House number of 10092513. It operates in the buying and selling of own real estate sector, SIC Code 68100. Founded in March 2016, it's largest shareholder is james wright with a 50% stake. Wright Homes Ltd is a young, micro sized company, Pomanda has estimated its turnover at £184.3k with healthy growth in recent years.

View Sample
View Sample
View Sample

Upgrade for unlimited company reports & a free credit check

Wright Homes Ltd Health Check

Pomanda's financial health check has awarded Wright Homes Ltd a 2 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 Rating2out of 5
positive_score

3 Strong

positive_score

1 Regular

positive_score

6 Weak

size

Size

annual sales of £184.3k, make it smaller than the average company (£815.5k)

£184.3k - Wright Homes Ltd

£815.5k - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 6%, show it is growing at a faster rate (3.1%)

6% - Wright Homes Ltd

3.1% - Industry AVG

production

Production

with a gross margin of 25.9%, this company has a higher cost of product (67.5%)

25.9% - Wright Homes Ltd

67.5% - Industry AVG

profitability

Profitability

an operating margin of -42.9% make it less profitable than the average company (26.4%)

-42.9% - Wright Homes Ltd

26.4% - Industry AVG

employees

Employees

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

2 - Wright Homes Ltd

4 - Industry AVG

paystructure

Pay Structure

on an average salary of £38.5k, the company has an equivalent pay structure (£38.5k)

£38.5k - Wright Homes Ltd

£38.5k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £92.2k, this is less efficient (£195k)

£92.2k - Wright Homes Ltd

£195k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 14 days, this is earlier than average (26 days)

14 days - Wright Homes Ltd

26 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 1111 days, this is slower than average (32 days)

1111 days - Wright Homes Ltd

32 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Wright Homes Ltd

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - Wright Homes Ltd

- - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 121.6%, this is a higher level of debt than the average (63%)

121.6% - Wright Homes Ltd

63% - Industry AVG

WRIGHT HOMES LTD financials

EXPORTms excel logo

Wright Homes Ltd's latest turnover from March 2024 is estimated at £184.3 thousand and the company has net assets of -£296.2 thousand. According to their latest financial statements, Wright Homes Ltd has 2 employees and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017
Turnover184,327538,111474,156156,551443,072646,812134,6366
Other Income Or Grants
Cost Of Sales136,632396,389352,569121,038351,208484,983100,6024
Gross Profit47,695141,722121,58735,51491,864161,82934,0341
Admin Expenses126,826239,811117,97874,565104,933220,61344,997
Operating Profit-79,131-98,0893,609-39,051-13,069-58,784-10,9631
Interest Payable
Interest Receivable
Pre-Tax Profit-79,131-98,0893,609-39,051-13,069-58,784-10,9631
Tax-686
Profit After Tax-79,131-98,0892,923-39,051-13,069-58,784-10,9631
Dividends Paid
Retained Profit-79,131-98,0892,923-39,051-13,069-58,784-10,9631
Employee Costs76,99772,09673,52071,30377,61477,33835,27335,000
Number Of Employees22222211
EBITDA*-79,131-98,0893,609-39,051-13,069-58,784-10,9631

* Earnings Before Interest, Tax, Depreciation and Amortisation

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017
Tangible Assets1,364,3261,081,431998,734898,868734,448534,617278,967
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets1,364,3261,081,431998,734898,868734,448534,617278,967
Stock & work in progress
Trade Debtors7,377142,656132,6684,604123,144155,43210,9711
Group Debtors
Misc Debtors
Cash
misc current assets
total current assets7,377142,656132,6684,604123,144155,43210,9711
total assets1,371,7031,224,0871,131,402903,472857,592690,049289,9381
Bank overdraft
Bank loan
Trade Creditors 416,192427,102436,883440,350445,377436,300300,900
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
total current liabilities416,192427,102436,883440,350445,377436,300300,900
loans
hp & lease commitments
Accruals and Deferred Income1,5801,793
other liabilities1,250,0941,012,224813,462584,988495,030323,495
provisions
total long term liabilities1,251,6741,014,017813,462584,988495,030323,495
total liabilities1,667,8661,441,1191,250,3451,025,338940,407759,795300,900
net assets-296,163-217,032-118,943-121,866-82,815-69,746-10,9621
total shareholders funds-296,163-217,032-118,943-121,866-82,815-69,746-10,9621
Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017
Operating Activities
Operating Profit-79,131-98,0893,609-39,051-13,069-58,784-10,9631
Depreciation
Amortisation
Tax-686
Stock
Debtors-135,2799,988128,064-118,540-32,288144,46110,9701
Creditors-10,910-9,781-3,467-5,0279,077135,400300,900
Accruals and Deferred Income-2131,793
Deferred Taxes & Provisions
Cash flow from operations45,025-116,065-128,60874,46228,296-67,845278,967
Investing Activities
capital expenditure-282,895-82,697-99,866-164,420-199,831-255,650-278,967
Change in Investments
cash flow from investments-282,895-82,697-99,866-164,420-199,831-255,650-278,967
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities237,870198,762228,47489,958171,535323,495
share issue
interest
cash flow from financing237,870198,762228,47489,958171,535323,495
cash and cash equivalents
cash
overdraft
change in cash

wright homes ltd Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
Get a comprehensive credit check for wright homes ltd. Get real-time insights into wright homes ltd's credit score, group structure and payment trends.

From as little as £6.99

This will not impact your credit rating!

View Credit Report Sample

Wright Homes Ltd Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for wright homes ltd by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other micro companies, companies in SK9 area or any other competitors across 12 key performance metrics.

wright homes ltd Ownership

WRIGHT HOMES LTD group structure

Wright Homes Ltd has no subsidiary companies.

Ultimate parent company

WRIGHT HOMES LTD

10092513

WRIGHT HOMES LTD Shareholders

james wright 50%
victoria wright 50%

wright homes ltd directors

Wright Homes Ltd currently has 2 directors. The longest serving directors include Mr James Wright (Mar 2016) and Miss Victoria Wright (Nov 2017).

officercountryagestartendrole
Mr James WrightEngland39 years Mar 2016- Director
Miss Victoria WrightEngland37 years Nov 2017- Director

P&L

March 2024

turnover

184.3k

-66%

operating profit

-79.1k

0%

gross margin

25.9%

-1.75%

turnover

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

Balance Sheet

March 2024

net assets

-296.2k

+0.36%

total assets

1.4m

+0.12%

cash

0

0%

net assets

Total assets minus all liabilities

wright homes ltd company details

company number

10092513

Type

Private limited with Share Capital

industry

68100 - Buying and selling of own real estate

incorporation date

March 2016

age

9

incorporated

UK

ultimate parent company

None

accounts

Micro-Entity Accounts

last accounts submitted

March 2024

previous names

N/A

accountant

-

auditor

-

address

24 gravel lane, wilmslow, SK9 6LA

Bank

-

Legal Advisor

-

wright homes 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 13 charges/mortgages relating to wright homes ltd. Currently there are 6 open charges and 7 have been satisfied in the past.

wright homes 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 WRIGHT HOMES LTD. This can take several minutes, an email will notify you when this has completed.

wright homes ltd Companies House Filings - See Documents

datedescriptionview/download