budge homes ltd
budge homes ltd Company Information
Company Number
10525522
Next Accounts
Jul 2025
Shareholders
craig scott budge
stewart james budge
View AllGroup Structure
View All
Industry
Buying and selling of own real estate
Registered Address
suite 2 regency house, harold wood, romford, essex, RM3 0BP
Website
-budge homes ltd Estimated Valuation
Pomanda estimates the enterprise value of BUDGE HOMES LTD at £2.2m based on a Turnover of £727.1k and 3.05x industry multiple (adjusted for size and gross margin).
budge homes ltd Estimated Valuation
Pomanda estimates the enterprise value of BUDGE HOMES LTD at £665.2k based on an EBITDA of £101.6k and a 6.55x industry multiple (adjusted for size and gross margin).
budge homes ltd Estimated Valuation
Pomanda estimates the enterprise value of BUDGE HOMES LTD at £0 based on Net Assets of £-93.4k and 1.58x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Budge Homes Ltd Overview
Budge Homes Ltd is a live company located in romford, RM3 0BP with a Companies House number of 10525522. It operates in the buying and selling of own real estate sector, SIC Code 68100. Founded in December 2016, it's largest shareholder is craig scott budge with a 40% stake. Budge Homes Ltd is a young, small sized company, Pomanda has estimated its turnover at £727.1k with declining growth in recent years.
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Budge Homes Ltd Health Check
Pomanda's financial health check has awarded Budge Homes Ltd a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 0 measures and has 4 areas for improvement. Company Health Check FAQs
0 Strong
5 Regular
4 Weak
Size
annual sales of £727.1k, make it in line with the average company (£824.8k)
- Budge Homes Ltd
£824.8k - Industry AVG
Growth
3 year (CAGR) sales growth of -4%, show it is growing at a slower rate (2.6%)
- Budge Homes Ltd
2.6% - Industry AVG
Production
with a gross margin of 68.9%, this company has a comparable cost of product (68.9%)
- Budge Homes Ltd
68.9% - Industry AVG
Profitability
an operating margin of 14% make it less profitable than the average company (25.4%)
- Budge Homes Ltd
25.4% - Industry AVG
Employees
with 4 employees, this is similar to the industry average (4)
4 - Budge Homes Ltd
4 - Industry AVG
Pay Structure
on an average salary of £34.8k, the company has an equivalent pay structure (£34.8k)
- Budge Homes Ltd
£34.8k - Industry AVG
Efficiency
resulting in sales per employee of £181.8k, this is equally as efficient (£181.8k)
- Budge Homes Ltd
£181.8k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Budge Homes Ltd
- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- Budge Homes Ltd
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Budge Homes Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (9 weeks)
0 weeks - Budge Homes Ltd
9 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 106.6%, this is a higher level of debt than the average (65.2%)
106.6% - Budge Homes Ltd
65.2% - Industry AVG
BUDGE HOMES LTD financials
Budge Homes Ltd's latest turnover from October 2023 is estimated at £727.1 thousand and the company has net assets of -£93.4 thousand. According to their latest financial statements, Budge Homes Ltd has 4 employees and maintains cash reserves of £231 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Oct 2023 | Oct 2022 | Nov 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 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 | 4 | 4 | 4 | 4 | |||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Oct 2023 | Oct 2022 | Nov 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | |
|---|---|---|---|---|---|---|---|
| Tangible Assets | |||||||
| Intangible Assets | |||||||
| Investments & Other | 1,125,102 | 1,125,102 | 1,125,102 | 1,125,102 | 1,125,102 | 1,050,050 | 896,000 |
| Debtors (Due After 1 year) | |||||||
| Total Fixed Assets | 1,125,102 | 1,125,102 | 1,125,102 | 1,125,102 | 1,125,102 | 1,050,050 | 896,000 |
| Stock & work in progress | 17,619 | ||||||
| Trade Debtors | |||||||
| Group Debtors | 216,275 | 215,768 | 212,964 | 214,429 | 285,002 | 230,961 | 230,208 |
| Misc Debtors | 69,718 | 59,718 | 49,070 | 40,577 | 31,103 | 21,114 | 11,510 |
| Cash | 231 | 1,105 | 136 | 105 | 7,008 | 49,495 | 3,275 |
| misc current assets | |||||||
| total current assets | 286,224 | 276,591 | 262,170 | 255,111 | 340,732 | 301,570 | 244,993 |
| total assets | 1,411,326 | 1,401,693 | 1,387,272 | 1,380,213 | 1,465,834 | 1,351,620 | 1,140,993 |
| Bank overdraft | |||||||
| Bank loan | |||||||
| Trade Creditors | 4,111 | 1,122 | 3,247 | ||||
| Group/Directors Accounts | 666,660 | 659,171 | 641,294 | 631,444 | |||
| other short term finances | |||||||
| hp & lease commitments | |||||||
| other current liabilities | 3,000 | 4,439 | 18,851 | 16,391 | 607,873 | 639,901 | 695,845 |
| total current liabilities | 669,660 | 663,610 | 660,145 | 647,835 | 611,984 | 641,023 | 699,092 |
| loans | 830,458 | 832,907 | 835,152 | 836,173 | 817,084 | 655,982 | 356,413 |
| hp & lease commitments | |||||||
| Accruals and Deferred Income | |||||||
| other liabilities | |||||||
| provisions | 4,625 | 4,625 | 4,625 | 4,625 | 4,625 | 18,875 | 17,114 |
| total long term liabilities | 835,083 | 837,532 | 839,777 | 840,798 | 821,709 | 674,857 | 373,527 |
| total liabilities | 1,504,743 | 1,501,142 | 1,499,922 | 1,488,633 | 1,433,693 | 1,315,880 | 1,072,619 |
| net assets | -93,417 | -99,449 | -112,650 | -108,420 | 32,141 | 35,740 | 68,374 |
| total shareholders funds | -93,417 | -99,449 | -112,650 | -108,420 | 32,141 | 35,740 | 68,374 |
| Oct 2023 | Oct 2022 | Nov 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | |
|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||
| Operating Profit | |||||||
| Depreciation | |||||||
| Amortisation | |||||||
| Tax | |||||||
| Stock | -17,619 | 17,619 | |||||
| Debtors | 10,507 | 13,452 | 7,028 | -61,099 | 64,030 | 10,357 | 241,718 |
| Creditors | -4,111 | 2,989 | -2,125 | 3,247 | |||
| Accruals and Deferred Income | -1,439 | -14,412 | 2,460 | -591,482 | -32,028 | -55,944 | 695,845 |
| Deferred Taxes & Provisions | -14,250 | 1,761 | 17,114 | ||||
| Cash flow from operations | |||||||
| Investing Activities | |||||||
| capital expenditure | |||||||
| Change in Investments | 75,052 | 154,050 | 896,000 | ||||
| cash flow from investments | |||||||
| Financing Activities | |||||||
| Bank loans | |||||||
| Group/Directors Accounts | 7,489 | 17,877 | 9,850 | 631,444 | |||
| Other Short Term Loans | |||||||
| Long term loans | -2,449 | -2,245 | -1,021 | 19,089 | 161,102 | 299,569 | 356,413 |
| Hire Purchase and Lease Commitments | |||||||
| other long term liabilities | |||||||
| share issue | |||||||
| interest | |||||||
| cash flow from financing | |||||||
| cash and cash equivalents | |||||||
| cash | -874 | 969 | 31 | -6,903 | -42,487 | 46,220 | 3,275 |
| overdraft | |||||||
| change in cash | -874 | 969 | 31 | -6,903 | -42,487 | 46,220 | 3,275 |
budge homes ltd Credit Report and Business Information
Budge Homes Ltd Competitor Analysis
Perform a competitor analysis for budge homes ltd by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other small companies, companies in RM3 area or any other competitors across 12 key performance metrics.
budge homes ltd Ownership
BUDGE HOMES LTD group structure
Budge Homes Ltd has 1 subsidiary company.
budge homes ltd directors
Budge Homes Ltd currently has 4 directors. The longest serving directors include Mr Stewart Budge (Dec 2016) and Mr Craig Budge (Dec 2016).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Stewart Budge | England | 36 years | Dec 2016 | - | Director |
| Mr Craig Budge | England | 38 years | Dec 2016 | - | Director |
| Mrs Lucy Budge | United Kingdom | 39 years | Nov 2017 | - | Director |
| Mrs Amy Budge | United Kingdom | 35 years | Nov 2017 | - | Director |
P&L
October 2023turnover
727.1k
0%
operating profit
101.6k
0%
gross margin
69%
+2.54%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
October 2023net assets
-93.4k
-0.06%
total assets
1.4m
+0.01%
cash
231
-0.79%
net assets
Total assets minus all liabilities
budge homes ltd company details
company number
10525522
Type
Private limited with Share Capital
industry
68100 - Buying and selling of own real estate
incorporation date
December 2016
age
9
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
October 2023
previous names
N/A
accountant
-
auditor
-
address
suite 2 regency house, harold wood, romford, essex, RM3 0BP
Bank
-
Legal Advisor
-
budge 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 12 charges/mortgages relating to budge homes ltd. Currently there are 10 open charges and 2 have been satisfied in the past.
budge 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 BUDGE HOMES LTD. This can take several minutes, an email will notify you when this has completed.
budge homes ltd Companies House Filings - See Documents
| date | description | view/download |
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