globe homes limited
globe homes limited Company Information
Company Number
10469840
Website
globehomes.comRegistered Address
windmill farm stockings lane, upper longdon, lichfield, staffs, WS15 1QF
Industry
Construction of domestic buildings
Telephone
-
Next Accounts Due
August 2025
Group Structure
View All
Shareholders
d & g properties ltd 100%
globe homes limited Estimated Valuation
Pomanda estimates the enterprise value of GLOBE HOMES LIMITED at £20.8m based on a Turnover of £31.6m and 0.66x industry multiple (adjusted for size and gross margin).
globe homes limited Estimated Valuation
Pomanda estimates the enterprise value of GLOBE HOMES LIMITED at £1m based on an EBITDA of £196.5k and a 5.32x industry multiple (adjusted for size and gross margin).
globe homes limited Estimated Valuation
Pomanda estimates the enterprise value of GLOBE HOMES LIMITED at £1.5m based on Net Assets of £1.2m and 1.26x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Globe Homes Limited Overview
Globe Homes Limited is a live company located in lichfield, WS15 1QF with a Companies House number of 10469840. It operates in the construction of domestic buildings sector, SIC Code 41202. Founded in November 2016, it's largest shareholder is d & g properties ltd with a 100% stake. Globe Homes Limited is a young, large sized company, Pomanda has estimated its turnover at £31.6m with rapid growth in recent years.
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Globe Homes Limited Health Check
Pomanda's financial health check has awarded Globe Homes Limited a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 3 areas for improvement. Company Health Check FAQs
5 Strong
4 Regular
3 Weak
Size
annual sales of £31.6m, make it larger than the average company (£461.4k)
- Globe Homes Limited
£461.4k - Industry AVG
Growth
3 year (CAGR) sales growth of 123%, show it is growing at a faster rate (8.6%)
- Globe Homes Limited
8.6% - Industry AVG
Production
with a gross margin of 20.9%, this company has a comparable cost of product (20.9%)
- Globe Homes Limited
20.9% - Industry AVG
Profitability
an operating margin of 0.6% make it less profitable than the average company (5.3%)
- Globe Homes Limited
5.3% - Industry AVG
Employees
with 3 employees, this is similar to the industry average (3)
3 - Globe Homes Limited
3 - Industry AVG
Pay Structure
on an average salary of £44.3k, the company has an equivalent pay structure (£44.3k)
- Globe Homes Limited
£44.3k - Industry AVG
Efficiency
resulting in sales per employee of £10.5m, this is more efficient (£205.9k)
- Globe Homes Limited
£205.9k - Industry AVG
Debtor Days
it gets paid by customers after 42 days, this is later than average (20 days)
- Globe Homes Limited
20 days - Industry AVG
Creditor Days
its suppliers are paid after 53 days, this is slower than average (31 days)
- Globe Homes Limited
31 days - Industry AVG
Stock Days
it holds stock equivalent to 4 days, this is less than average (316 days)
- Globe Homes Limited
316 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (14 weeks)
0 weeks - Globe Homes Limited
14 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 75.2%, this is a similar level of debt than the average (70.8%)
75.2% - Globe Homes Limited
70.8% - Industry AVG
GLOBE HOMES LIMITED financials
Globe Homes Limited's latest turnover from November 2023 is estimated at £31.6 million and the company has net assets of £1.2 million. According to their latest financial statements, Globe Homes Limited has 3 employees and maintains cash reserves of £50.9 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Nov 2023 | Nov 2022 | Nov 2021 | Nov 2020 | Nov 2019 | Nov 2018 | Nov 2017 | |
|---|---|---|---|---|---|---|---|
| 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 | 3 | 1 | 1 | 1 | 1 | ||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Nov 2023 | Nov 2022 | Nov 2021 | Nov 2020 | Nov 2019 | Nov 2018 | Nov 2017 | |
|---|---|---|---|---|---|---|---|
| Tangible Assets | 67,363 | 66,937 | 73,190 | 96,069 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 746,000 | 746,000 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 813,363 | 812,937 | 73,190 | 96,069 | 0 | 0 | 0 |
| Stock & work in progress | 280,000 | 401,440 | 449,633 | 1,007,758 | 2,730,554 | 1,591,733 | 1,876,626 |
| Trade Debtors | 3,709,672 | 3,766,476 | 3,437,964 | 23,592 | 34,479 | 2,728 | 5,339 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 | 0 | 7,213 | 0 |
| Cash | 50,898 | 86,840 | 268,663 | 78,024 | 93,123 | 389,984 | 19,761 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 4,040,570 | 4,254,756 | 4,156,260 | 1,109,374 | 2,858,156 | 1,991,658 | 1,901,726 |
| total assets | 4,853,933 | 5,067,693 | 4,229,450 | 1,205,443 | 2,858,156 | 1,991,658 | 1,901,726 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 3,648,823 | 4,001,252 | 3,284,042 | 738,407 | 2,754,783 | 9,067 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 0 | 0 | 0 | 0 | 0 | 1,917,523 | 1,902,159 |
| total current liabilities | 3,648,823 | 4,001,252 | 3,284,042 | 738,407 | 2,754,783 | 1,926,590 | 1,902,159 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 3,648,823 | 4,001,252 | 3,284,042 | 738,407 | 2,754,783 | 1,926,590 | 1,902,159 |
| net assets | 1,205,110 | 1,066,441 | 945,408 | 467,036 | 103,373 | 65,068 | -433 |
| total shareholders funds | 1,205,110 | 1,066,441 | 945,408 | 467,036 | 103,373 | 65,068 | -433 |
| Nov 2023 | Nov 2022 | Nov 2021 | Nov 2020 | Nov 2019 | Nov 2018 | Nov 2017 | |
|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||
| Operating Profit | |||||||
| Depreciation | 15,074 | 25,383 | 0 | 0 | 0 | ||
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | |||||||
| Stock | -121,440 | -48,193 | -558,125 | -1,722,796 | 1,138,821 | -284,893 | 1,876,626 |
| Debtors | -56,804 | 328,512 | 3,414,372 | -10,887 | 24,538 | 4,602 | 5,339 |
| Creditors | -352,429 | 717,210 | 2,545,635 | -2,016,376 | 2,745,716 | 9,067 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | -1,917,523 | 15,364 | 1,902,159 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | |||||||
| Investing Activities | |||||||
| capital expenditure | |||||||
| Change in Investments | 0 | 746,000 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | |||||||
| Financing Activities | |||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||||
| interest | |||||||
| cash flow from financing | |||||||
| cash and cash equivalents | |||||||
| cash | -35,942 | -181,823 | 190,639 | -15,099 | -296,861 | 370,223 | 19,761 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -35,942 | -181,823 | 190,639 | -15,099 | -296,861 | 370,223 | 19,761 |
globe homes limited Credit Report and Business Information
Globe Homes Limited Competitor Analysis
Perform a competitor analysis for globe homes limited by selecting its closest rivals and benchmarking them against 12 key performance metrics.
globe homes limited Ownership
GLOBE HOMES LIMITED group structure
Globe Homes Limited has no subsidiary companies.
Ultimate parent company
GLOBE HOMES LIMITED
10469840
globe homes limited directors
Globe Homes Limited currently has 3 directors. The longest serving directors include Mr Antony Wright (Nov 2016) and Mr Daniel Wright (Apr 2024).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Antony Wright | United Kingdom | 62 years | Nov 2016 | - | Director |
| Mr Daniel Wright | United Kingdom | 34 years | Apr 2024 | - | Director |
| Mr Alan Parker | United Kingdom | 45 years | Apr 2024 | - | Director |
P&L
November 2023turnover
31.6m
+9%
operating profit
181.4k
0%
gross margin
21%
+1.1%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
November 2023net assets
1.2m
+0.13%
total assets
4.9m
-0.04%
cash
50.9k
-0.41%
net assets
Total assets minus all liabilities
Similar Companies
globe homes limited company details
company number
10469840
Type
Private limited with Share Capital
industry
41202 - Construction of domestic buildings
incorporation date
November 2016
age
8
accounts
Total Exemption Full
ultimate parent company
previous names
N/A
incorporated
UK
address
windmill farm stockings lane, upper longdon, lichfield, staffs, WS15 1QF
last accounts submitted
November 2023
globe 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 found 1 charges/mortgages relating to globe homes limited. Currently there are 0 open charges and 1 have been satisfied in the past.
globe homes limited Companies House Filings - See Documents
| date | description | view/download |
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