castle homes (south east) limited
castle homes (south east) limited Company Information
Company Number
10572935
Website
www.castle-developments.comRegistered Address
fordlands crowhurst road, catsfield, east sussex, TN33 9BT
Industry
Development of building projects
Telephone
442037510965
Next Accounts Due
December 2024
Group Structure
View All
Shareholders
michael john lear 50%
ian christopher lewis 50%
castle homes (south east) limited Estimated Valuation
Pomanda estimates the enterprise value of CASTLE HOMES (SOUTH EAST) LIMITED at £536.4k based on a Turnover of £1m and 0.54x industry multiple (adjusted for size and gross margin).
castle homes (south east) limited Estimated Valuation
Pomanda estimates the enterprise value of CASTLE HOMES (SOUTH EAST) LIMITED at £552.7k based on an EBITDA of £136k and a 4.06x industry multiple (adjusted for size and gross margin).
castle homes (south east) limited Estimated Valuation
Pomanda estimates the enterprise value of CASTLE HOMES (SOUTH EAST) LIMITED at £0 based on Net Assets of £-5.7k and 1.55x industry multiple (adjusted for liquidity).
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Castle Homes (south East) Limited Overview
Castle Homes (south East) Limited is a live company located in east sussex, TN33 9BT with a Companies House number of 10572935. It operates in the development of building projects sector, SIC Code 41100. Founded in January 2017, it's largest shareholder is michael john lear with a 50% stake. Castle Homes (south East) Limited is a young, small sized company, Pomanda has estimated its turnover at £1m with declining growth in recent years.
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Castle Homes (south East) Limited Health Check
Pomanda's financial health check has awarded Castle Homes (South East) Limited a 4 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
3 Strong
2 Regular
5 Weak
Size
annual sales of £1m, make it smaller than the average company (£2.1m)
- Castle Homes (south East) Limited
£2.1m - Industry AVG
Growth
3 year (CAGR) sales growth of -9%, show it is growing at a slower rate (2.1%)
- Castle Homes (south East) Limited
2.1% - Industry AVG
Production
with a gross margin of 25.9%, this company has a comparable cost of product (25.9%)
- Castle Homes (south East) Limited
25.9% - Industry AVG
Profitability
an operating margin of 13.6% make it more profitable than the average company (8.7%)
- Castle Homes (south East) Limited
8.7% - Industry AVG
Employees
with 2 employees, this is below the industry average (6)
2 - Castle Homes (south East) Limited
6 - Industry AVG
Pay Structure
on an average salary of £46.3k, the company has an equivalent pay structure (£46.3k)
- Castle Homes (south East) Limited
£46.3k - Industry AVG
Efficiency
resulting in sales per employee of £501.3k, this is more efficient (£275.7k)
- Castle Homes (south East) Limited
£275.7k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Castle Homes (south East) Limited
- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- Castle Homes (south East) Limited
- - Industry AVG
Stock Days
it holds stock equivalent to 610 days, this is more than average (181 days)
- Castle Homes (south East) Limited
181 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 143 weeks, this is more cash available to meet short term requirements (13 weeks)
143 weeks - Castle Homes (south East) Limited
13 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 100.4%, this is a higher level of debt than the average (74.6%)
100.4% - Castle Homes (south East) Limited
74.6% - Industry AVG
CASTLE HOMES (SOUTH EAST) LIMITED financials
Castle Homes (South East) Limited's latest turnover from March 2023 is estimated at £1 million and the company has net assets of -£5.7 thousand. According to their latest financial statements, Castle Homes (South East) Limited has 2 employees and maintains cash reserves of £5.9 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2023 | Mar 2022 | Jan 2021 | Jan 2020 | Jan 2019 | Jan 2018 | |
|---|---|---|---|---|---|---|
| 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 | 2 | 2 | 2 | |||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2023 | Mar 2022 | Jan 2021 | Jan 2020 | Jan 2019 | Jan 2018 | |
|---|---|---|---|---|---|---|
| Tangible Assets | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 100 | 100 | 100 | 100 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 100 | 100 | 100 | 100 | 0 | 0 |
| Stock & work in progress | 1,242,946 | 1,242,946 | 1,244,121 | 1,172,029 | 1,633,169 | 1,111,713 |
| Trade Debtors | 0 | 0 | 0 | 0 | 0 | 0 |
| Group Debtors | 295,969 | 295,969 | 295,969 | 295,969 | 0 | 0 |
| Misc Debtors | 24,415 | 7,810 | 820 | 291 | 5,085 | 2,282 |
| Cash | 5,922 | 7,962 | 2,533 | 25,700 | 4,413 | 52,578 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 1,569,252 | 1,554,687 | 1,543,443 | 1,493,989 | 1,642,667 | 1,166,573 |
| total assets | 1,569,352 | 1,554,787 | 1,543,543 | 1,494,089 | 1,642,667 | 1,166,573 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 2,145 | 649 | 1,799 | 51,200 | 719 | 900 |
| total current liabilities | 2,145 | 649 | 1,799 | 51,200 | 719 | 900 |
| loans | 1,172,660 | 1,172,660 | 1,155,825 | 785,000 | 1,641,917 | 1,165,642 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 400,293 | 400,293 | 400,280 | 670,267 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 1,572,953 | 1,572,953 | 1,556,105 | 1,455,267 | 1,641,917 | 1,165,642 |
| total liabilities | 1,575,098 | 1,573,602 | 1,557,904 | 1,506,467 | 1,642,636 | 1,166,542 |
| net assets | -5,746 | -18,815 | -14,361 | -12,378 | 31 | 31 |
| total shareholders funds | -5,746 | -18,815 | -14,361 | -12,378 | 31 | 31 |
| Mar 2023 | Mar 2022 | Jan 2021 | Jan 2020 | Jan 2019 | Jan 2018 | |
|---|---|---|---|---|---|---|
| Operating Activities | ||||||
| Operating Profit | ||||||
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | ||||||
| Stock | 0 | -1,175 | 72,092 | -461,140 | 521,456 | 1,111,713 |
| Debtors | 16,605 | 6,990 | 529 | 291,175 | 2,803 | 2,282 |
| Creditors | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 1,496 | -1,150 | -49,401 | 50,481 | -181 | 900 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | ||||||
| Investing Activities | ||||||
| capital expenditure | ||||||
| Change in Investments | 0 | 0 | 0 | 100 | 0 | 0 |
| cash flow from investments | ||||||
| Financing Activities | ||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 16,835 | 370,825 | -856,917 | 476,275 | 1,165,642 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 13 | -269,987 | 670,267 | 0 | 0 |
| share issue | ||||||
| interest | ||||||
| cash flow from financing | ||||||
| cash and cash equivalents | ||||||
| cash | -2,040 | 5,429 | -23,167 | 21,287 | -48,165 | 52,578 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -2,040 | 5,429 | -23,167 | 21,287 | -48,165 | 52,578 |
castle homes (south east) limited Credit Report and Business Information
Castle Homes (south East) Limited Competitor Analysis
Perform a competitor analysis for castle homes (south east) limited by selecting its closest rivals, whether from the CONSTRUCTION sector, other small companies, companies in TN33 area or any other competitors across 12 key performance metrics.
castle homes (south east) limited Ownership
CASTLE HOMES (SOUTH EAST) LIMITED group structure
Castle Homes (South East) Limited has 1 subsidiary company.
Ultimate parent company
CASTLE HOMES (SOUTH EAST) LIMITED
10572935
1 subsidiary
castle homes (south east) limited directors
Castle Homes (South East) Limited currently has 2 directors. The longest serving directors include Mr Michael Lear (Jan 2017) and Mr Ian Lewis (Feb 2017).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Michael Lear | England | 58 years | Jan 2017 | - | Director |
| Mr Ian Lewis | England | 55 years | Feb 2017 | - | Director |
P&L
March 2023turnover
1m
+5%
operating profit
136k
0%
gross margin
25.9%
+9.11%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2023net assets
-5.7k
-0.69%
total assets
1.6m
+0.01%
cash
5.9k
-0.26%
net assets
Total assets minus all liabilities
castle homes (south east) limited company details
company number
10572935
Type
Private limited with Share Capital
industry
41100 - Development of building projects
incorporation date
January 2017
age
7
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
March 2023
previous names
N/A
accountant
ACUITY PROFESSIONAL PARTNERSHIP LLP
auditor
-
address
fordlands crowhurst road, catsfield, east sussex, TN33 9BT
Bank
-
Legal Advisor
-
castle homes (south east) 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 4 charges/mortgages relating to castle homes (south east) limited. Currently there are 1 open charges and 3 have been satisfied in the past.
castle homes (south east) limited Companies House Filings - See Documents
| date | description | view/download |
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