Homelife Properties Ltd

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homelife properties ltd Company Information

Company Number

10510352

Next Accounts

Dec 2025

Directors

Kulwinder Sahota

Gurmal Sahota

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Shareholders

homelife lettings limited

Group Structure

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Industry

Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.

Registered Address

70 portswood road, southampton, hampshire, SO17 2FW

Website

www.homelifelettings.co.uk

homelife properties ltd Estimated Valuation

£998.3k

Pomanda estimates the enterprise value of HOMELIFE PROPERTIES LTD at £998.3k based on an EBITDA of £151k and a 6.61x industry multiple (adjusted for size and gross margin).

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Homelife Properties Ltd is a live company located in hampshire, SO17 2FW with a Companies House number of 10510352. It operates in the other letting and operating of own or leased real estate sector, SIC Code 68209. Founded in December 2016, it's largest shareholder is homelife lettings limited with a 100% stake. Homelife Properties Ltd is a young, micro sized company, Pomanda has estimated its turnover at £192.9k with healthy growth in recent years.

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Pomanda's financial health check has awarded Homelife Properties Ltd a 2 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 7 areas for improvement. Company Health Check FAQs

Health Rating2out of 5

2 Strong

2 Regular

7 Weak

Size

annual sales of £192.9k, make it smaller than the average company (£918.1k)

Growth

3 year (CAGR) sales growth of 9%, show it is growing at a faster rate (4.9%)

EXPORT

Homelife Properties Ltd's latest turnover from March 2024 is estimated at £192.9 thousand and the company has net assets of £316.9 thousand. According to their latest financial statements, Homelife Properties Ltd has 2 employees and maintains cash reserves of £1.6 thousand as reported in the balance sheet.

Data source: Companies House, Pomanda Estimates

	Mar 2024	Mar 2023	Mar 2022	Mar 2021	Mar 2020	Mar 2019	Dec 2017
Turnover	192,884	338,000	167,066	150,739	163,427	165,243	276,671
Other Income Or Grants
Cost Of Sales	47,283	84,916	41,698	37,588	42,456	44,270	81,010
Gross Profit	145,601	253,084	125,367	113,151	120,970	120,973	195,661
Admin Expenses	-5,376	517,906	-47,055	-92,208	-77,364	-62,612	149,089
Operating Profit	150,977	-264,822	172,422	205,359	198,334	183,585	46,572
Interest Payable	108,222	78,095	102,720	92,525	92,345	51,093	49,200
Interest Receivable	41	60	1,274	286	187	517	3
Pre-Tax Profit	42,796	-342,856	70,975	113,120	106,175	133,009	-2,625
Tax	-10,699		-13,485	-21,493	-20,173	-25,272
Profit After Tax	32,097	-342,856	57,490	91,627	86,002	107,737	-2,625
Dividends Paid
Retained Profit	32,097	-342,856	57,490	91,627	86,002	107,737	-2,625
Employee Costs	64,655	60,742	59,177	53,717	54,786	54,056	53,508
Number Of Employees	2	2	2	2	2	2	2
EBITDA*	150,977	-264,822	172,422	205,359	198,334	183,585	46,572

* Earnings Before Interest, Tax, Depreciation and Amortisation

	Mar 2024	Mar 2023	Mar 2022	Mar 2021	Mar 2020	Mar 2019	Dec 2017
Tangible Assets
Intangible Assets
Investments & Other	1,890,000		1,890,000	1,890,000	1,890,000	1,890,000	1,890,000
Debtors (Due After 1 year)
Total Fixed Assets	1,890,000		1,890,000	1,890,000	1,890,000	1,890,000	1,890,000
Stock & work in progress	50,000
Trade Debtors
Group Debtors
Misc Debtors	492,737	2	394,842	8,258	329	4,043
Cash	1,567		2,843	336,799	235,296	137,841	1,385
misc current assets
total current assets	544,304	2	397,685	345,057	235,625	141,884	1,385
total assets	2,434,304	2	2,287,685	2,235,057	2,125,625	2,031,884	1,891,385
Bank overdraft
Bank loan
Trade Creditors	794		2,655	2,250	4,273	4,043
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities	97,675		38,586	47,895	33,963	26,454	360
total current liabilities	98,469		41,241	50,145	38,236	30,497	360
loans	1,923,948		1,523,798	1,519,756	1,513,860	1,513,860	1,513,860
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions	94,947		94,947	72,160	72,160	64,564	64,564
total long term liabilities	2,018,895		1,618,745	1,591,916	1,586,020	1,578,424	1,578,424
total liabilities	2,117,364		1,659,986	1,642,061	1,624,256	1,608,921	1,578,784
net assets	316,940	2	627,699	592,996	501,369	422,963	312,601
total shareholders funds	316,940	2	627,699	592,996	501,369	422,963	312,601

	Mar 2024	Mar 2023	Mar 2022	Mar 2021	Mar 2020	Mar 2019	Dec 2017
Operating Activities
Operating Profit	150,977	-264,822	172,422	205,359	198,334	183,585	46,572
Depreciation
Amortisation
Tax	-10,699		-13,485	-21,493	-20,173	-25,272
Stock	50,000
Debtors	492,735	-394,840	386,584	7,929	-3,714	4,043
Creditors	794	-2,655	405	-2,023	230	4,043
Accruals and Deferred Income	97,675	-38,586	-9,309	13,932	7,509	26,454	360
Deferred Taxes & Provisions	94,947	-94,947	22,787		7,596	64,564	64,564
Cash flow from operations	-209,041	-6,170	-213,764	187,846	197,210	249,331	111,496
Investing Activities
capital expenditure
Change in Investments	1,890,000	-1,890,000				1,890,000	1,890,000
cash flow from investments	-1,890,000	1,890,000				-1,890,000	-1,890,000
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans	1,923,948	-1,523,798	4,042	5,896		1,513,860	1,513,860
Hire Purchase and Lease Commitments
other long term liabilities
share issue	284,841	-284,841	-22,787		-7,596	315,226	315,226
interest	-108,181	-78,035	-101,446	-92,239	-92,158	-50,576	-49,197
cash flow from financing	2,100,608	-1,886,674	-120,191	-86,343	-99,754	1,778,510	1,779,889
cash and cash equivalents
cash	1,567	-2,843	-333,956	101,503	97,455	137,841	1,385
overdraft
change in cash	1,567	-2,843	-333,956	101,503	97,455	137,841	1,385

Very Low Risk70 - 100

Low Risk50 - 70

Moderate Risk30 - 50

High Risk20 - 30

Very High Risk0 - 20

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Perform a competitor analysis for homelife properties ltd by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other micro companies, companies in SO17 area or any other competitors across 12 key performance metrics.

HOMELIFE PROPERTIES LTD group structure

Homelife Properties Ltd has no subsidiary companies.

Ultimate parent company

HOMELIFE LETTINGS LTD

08410763

1 parent

HOMELIFE PROPERTIES LTD

10510352

HOMELIFE PROPERTIES LTD Shareholders

homelife lettings limited

100%

Homelife Properties Ltd currently has 3 directors. The longest serving directors include Mrs Kulwinder Sahota (Dec 2016) and Mr Gurmal Sahota (Dec 2016).

officer	country	age	start	end	role
Mrs Kulwinder Sahota	England	53 years	Dec 2016	-	Director
Mr Gurmal Sahota	England	55 years	Dec 2016	-	Director
Mr Nicholas Sahota	England	34 years	Aug 2024	-	Director

P&L

March 2024

turnover

192.9k

-43%

operating profit

151k

gross margin

75.5%

+0.81%

turnover

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

Balance Sheet

March 2024

net assets

316.9k

+158469%

total assets

2.4m

+1217151%

cash

1.6k

net assets

Total assets minus all liabilities

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company number

10510352

Type

Private limited with Share Capital

industry

68209 - Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.

incorporation date

December 2016

ultimate parent company

HOMELIFE LETTINGS LTD

previous names

N/A

address

70 portswood road, southampton, hampshire, SO17 2FW

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 11 charges/mortgages relating to homelife properties ltd. Currently there are 11 open charges and 0 have been satisfied in the past.

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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homelife properties ltd Company Information

homelife properties ltd Estimated Valuation

homelife properties ltd Estimated Valuation

homelife properties ltd Estimated Valuation

Homelife Properties Ltd Overview

Homelife Properties Ltd Health Check

HOMELIFE PROPERTIES LTD financials

homelife properties ltd Credit Report and Business Information

Homelife Properties Ltd Competitor Analysis

homelife properties ltd Ownership

homelife properties ltd directors

homelife properties ltd company details

homelife properties ltd Charges & Mortgages

homelife properties ltd Capital Raised & Share Issues BETA

homelife properties ltd Companies House Filings - See Documents