desired homes limited

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desired homes limited Company Information

Share DESIRED HOMES LIMITED

Company Number

10321317

Directors

Heather Bates

Shareholders

heather elizabeth bates

Group Structure

View All

Industry

Renting and operating of Housing Association real estate

 

Registered Address

3 boldmere road, sutton coldfield, west midlands, B73 5UY

Website

-

desired homes limited Estimated Valuation

£4.6m

Pomanda estimates the enterprise value of DESIRED HOMES LIMITED at £4.6m based on a Turnover of £1.5m and 3.02x industry multiple (adjusted for size and gross margin).

desired homes limited Estimated Valuation

£0

Pomanda estimates the enterprise value of DESIRED HOMES LIMITED at £0 based on an EBITDA of £-4.7k and a 5.24x industry multiple (adjusted for size and gross margin).

desired homes limited Estimated Valuation

£0

Pomanda estimates the enterprise value of DESIRED HOMES LIMITED at £0 based on Net Assets of £-4.2k and 1.79x industry multiple (adjusted for liquidity).

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Desired Homes Limited Overview

Desired Homes Limited is a live company located in west midlands, B73 5UY with a Companies House number of 10321317. It operates in the renting and operating of housing association real estate sector, SIC Code 68201. Founded in August 2016, it's largest shareholder is heather elizabeth bates with a 100% stake. Desired Homes Limited is a young, small sized company, Pomanda has estimated its turnover at £1.5m with rapid growth in recent years.

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Desired Homes Limited Health Check

Pomanda's financial health check has awarded Desired Homes Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 5 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating3out of 5
positive_score

3 Strong

positive_score

2 Regular

positive_score

5 Weak

size

Size

annual sales of £1.5m, make it in line with the average company (£1.5m)

£1.5m - Desired Homes Limited

£1.5m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 198%, show it is growing at a faster rate (6.7%)

198% - Desired Homes Limited

6.7% - Industry AVG

production

Production

with a gross margin of 26.7%, this company has a higher cost of product (65.1%)

26.7% - Desired Homes Limited

65.1% - Industry AVG

profitability

Profitability

an operating margin of -0.3% make it less profitable than the average company (17.9%)

-0.3% - Desired Homes Limited

17.9% - Industry AVG

employees

Employees

with 1 employees, this is below the industry average (6)

1 - Desired Homes Limited

6 - Industry AVG

paystructure

Pay Structure

on an average salary of £33.7k, the company has an equivalent pay structure (£33.7k)

£33.7k - Desired Homes Limited

£33.7k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £1.5m, this is more efficient (£160.7k)

£1.5m - Desired Homes Limited

£160.7k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 93 days, this is later than average (17 days)

93 days - Desired Homes Limited

17 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 128 days, this is slower than average (40 days)

128 days - Desired Homes Limited

40 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Desired Homes Limited

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - Desired Homes Limited

- - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 101.1%, this is a higher level of debt than the average (68.3%)

101.1% - Desired Homes Limited

68.3% - Industry AVG

DESIRED HOMES LIMITED financials

EXPORTms excel logo

Desired Homes Limited's latest turnover from August 2024 is estimated at £1.5 million and the company has net assets of -£4.2 thousand. According to their latest financial statements, Desired Homes Limited has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Aug 2024Aug 2023Aug 2022Aug 2021Aug 2020Aug 2019Aug 2018Aug 2017
Turnover1,524,4441,512,4551,357,23657,66464,4721,839,7132,416,6511,715,168
Other Income Or Grants
Cost Of Sales1,117,9691,116,0771,010,57939,17545,0741,371,4651,589,5981,131,778
Gross Profit406,475396,379346,65718,48919,399468,248827,053583,390
Admin Expenses411,155395,843348,60215,66916,958477,402805,295594,502
Operating Profit-4,680536-1,9452,8202,441-9,15421,758-11,112
Interest Payable
Interest Receivable3734422
Pre-Tax Profit-4,680536-1,5722,8642,463-9,15421,758-11,112
Tax-134-544-468-4,134
Profit After Tax-4,680402-1,5722,3201,995-9,15417,624-11,112
Dividends Paid
Retained Profit-4,680402-1,5722,3201,995-9,15417,624-11,112
Employee Costs33,71133,37332,68633,71230,68429,27227,306131,591
Number Of Employees11111115
EBITDA*-4,680536-1,9452,8202,441-9,15421,758-11,112

* Earnings Before Interest, Tax, Depreciation and Amortisation

Aug 2024Aug 2023Aug 2022Aug 2021Aug 2020Aug 2019Aug 2018Aug 2017
Tangible Assets
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
Stock & work in progress356,550356,550
Trade Debtors389,076396,197397,261412,846580,844287,510
Group Debtors
Misc Debtors
Cash42,61644,894
misc current assets896896
total current assets389,076396,197397,261400,062402,340412,846580,844287,510
total assets389,076396,197397,261400,062402,340412,846580,844287,510
Bank overdraft
Bank loan
Trade Creditors 392,593394,974396,440414,192574,332298,622
Group/Directors Accounts397,569397,535
other short term finances
hp & lease commitments
other current liabilities7205,352
total current liabilities392,593394,974396,440398,289402,887414,192574,332298,622
loans
hp & lease commitments
Accruals and Deferred Income6607207201,296
other liabilities
provisions
total long term liabilities6607207201,296
total liabilities393,253395,694397,160398,289402,887415,488574,332298,622
net assets-4,1775031011,773-547-2,6426,512-11,112
total shareholders funds-4,1775031011,773-547-2,6426,512-11,112
Aug 2024Aug 2023Aug 2022Aug 2021Aug 2020Aug 2019Aug 2018Aug 2017
Operating Activities
Operating Profit-4,680536-1,9452,8202,441-9,15421,758-11,112
Depreciation
Amortisation
Tax-134-544-468-4,134
Stock-356,550356,550
Debtors-7,121-1,064397,261-412,846-167,998293,334287,510
Creditors-2,381-1,466396,440-414,192-160,140275,710298,622
Accruals and Deferred Income-60-4,6324,0561,296
Deferred Taxes & Provisions
Cash flow from operations353,784-2,356-351,867
Investing Activities
capital expenditure
Change in Investments
cash flow from investments
Financing Activities
Bank loans
Group/Directors Accounts-397,56934397,535
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
share issue-100100
interest3734422
cash flow from financing-397,29678397,657
cash and cash equivalents
cash-42,616-2,27844,894
overdraft
change in cash-42,616-2,27844,894

desired homes 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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Desired Homes Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for desired homes limited by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other small companies, companies in B73 area or any other competitors across 12 key performance metrics.

desired homes limited Ownership

DESIRED HOMES LIMITED group structure

Desired Homes Limited has no subsidiary companies.

Ultimate parent company

DESIRED HOMES LIMITED

10321317

DESIRED HOMES LIMITED Shareholders

heather elizabeth bates 100%

desired homes limited directors

Desired Homes Limited currently has 1 director, Miss Heather Bates serving since Aug 2016.

officercountryagestartendrole
Miss Heather BatesEngland39 years Aug 2016- Director

P&L

August 2024

turnover

1.5m

+1%

operating profit

-4.7k

0%

gross margin

26.7%

+1.74%

turnover

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

Balance Sheet

August 2024

net assets

-4.2k

-9.3%

total assets

389.1k

-0.02%

cash

0

0%

net assets

Total assets minus all liabilities

desired homes limited company details

company number

10321317

Type

Private limited with Share Capital

industry

68201 - Renting and operating of Housing Association real estate

incorporation date

August 2016

age

9

incorporated

UK

ultimate parent company

None

accounts

Micro-Entity Accounts

last accounts submitted

August 2024

previous names

N/A

accountant

TAXASSIST ACCOUNTANTS

auditor

-

address

3 boldmere road, sutton coldfield, west midlands, B73 5UY

Bank

-

Legal Advisor

-

desired homes 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 desired homes limited.

desired homes 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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desired homes limited Companies House Filings - See Documents

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