haynes new homes (contracts) limited
haynes new homes (contracts) limited Company Information
Company Number
10646253
Website
-Registered Address
1066 london road, leigh-on-sea, essex, SS9 3NA
Industry
Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.
Telephone
-
Next Accounts Due
December 2024
Group Structure
View All
Directors
Terrence Haynes7 Years
Shareholders
terrence haynes 100%
haynes new homes (contracts) limited Estimated Valuation
Pomanda estimates the enterprise value of HAYNES NEW HOMES (CONTRACTS) LIMITED at £7.3m based on a Turnover of £2.1m and 3.41x industry multiple (adjusted for size and gross margin).
haynes new homes (contracts) limited Estimated Valuation
Pomanda estimates the enterprise value of HAYNES NEW HOMES (CONTRACTS) LIMITED at £0 based on an EBITDA of £-449.7k and a 7.2x industry multiple (adjusted for size and gross margin).
haynes new homes (contracts) limited Estimated Valuation
Pomanda estimates the enterprise value of HAYNES NEW HOMES (CONTRACTS) LIMITED at £0 based on Net Assets of £-673.4k and 0.99x industry multiple (adjusted for liquidity).
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Haynes New Homes (contracts) Limited Overview
Haynes New Homes (contracts) Limited is a live company located in essex, SS9 3NA with a Companies House number of 10646253. It operates in the other letting and operating of own or leased real estate sector, SIC Code 68209. Founded in March 2017, it's largest shareholder is terrence haynes with a 100% stake. Haynes New Homes (contracts) Limited is a young, small sized company, Pomanda has estimated its turnover at £2.1m with rapid growth in recent years.
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Haynes New Homes (contracts) Limited Health Check
Pomanda's financial health check has awarded Haynes New Homes (Contracts) Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 4 areas for improvement. Company Health Check FAQs
4 Strong
3 Regular
4 Weak
Size
annual sales of £2.1m, make it larger than the average company (£800.8k)
- Haynes New Homes (contracts) Limited
£800.8k - Industry AVG
Growth
3 year (CAGR) sales growth of 147%, show it is growing at a faster rate (1.9%)
- Haynes New Homes (contracts) Limited
1.9% - Industry AVG
Production
with a gross margin of 74.6%, this company has a comparable cost of product (74.6%)
- Haynes New Homes (contracts) Limited
74.6% - Industry AVG
Profitability
an operating margin of -21% make it less profitable than the average company (36.6%)
- Haynes New Homes (contracts) Limited
36.6% - Industry AVG
Employees
with 4 employees, this is similar to the industry average (4)
4 - Haynes New Homes (contracts) Limited
4 - Industry AVG
Pay Structure
on an average salary of £30.4k, the company has an equivalent pay structure (£30.4k)
- Haynes New Homes (contracts) Limited
£30.4k - Industry AVG
Efficiency
resulting in sales per employee of £537.1k, this is more efficient (£171.7k)
- Haynes New Homes (contracts) Limited
£171.7k - Industry AVG
Debtor Days
it gets paid by customers after 54 days, this is later than average (30 days)
- Haynes New Homes (contracts) Limited
30 days - Industry AVG
Creditor Days
its suppliers are paid after 82 days, this is slower than average (37 days)
- Haynes New Homes (contracts) Limited
37 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Haynes New Homes (contracts) Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (15 weeks)
0 weeks - Haynes New Homes (contracts) Limited
15 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 282.4%, this is a higher level of debt than the average (62.9%)
282.4% - Haynes New Homes (contracts) Limited
62.9% - Industry AVG
HAYNES NEW HOMES (CONTRACTS) LIMITED financials
Haynes New Homes (Contracts) Limited's latest turnover from March 2023 is estimated at £2.1 million and the company has net assets of -£673.4 thousand. According to their latest financial statements, Haynes New Homes (Contracts) Limited has 4 employees and maintains cash reserves of £680 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 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 | 4 | 4 | 3 | 1 | ||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | |
|---|---|---|---|---|---|---|
| Tangible Assets | 689 | 1,359 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 689 | 1,359 | 0 | 0 | 0 | 0 |
| Stock & work in progress | 0 | 33,179 | 162,554 | 0 | 0 | 0 |
| Trade Debtors | 318,457 | 319,697 | 0 | 0 | 0 | 0 |
| Group Debtors | 3,100 | 100 | 100 | 100 | 0 | 0 |
| Misc Debtors | 46,156 | 26,574 | 27,695 | 0 | 0 | 0 |
| Cash | 680 | 562 | 110,024 | 0 | 0 | 0 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 368,393 | 380,112 | 300,373 | 100 | 0 | 0 |
| total assets | 369,082 | 381,471 | 300,373 | 100 | 0 | 0 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 122,882 | 96,805 | 70,238 | 0 | 0 | 0 |
| Group/Directors Accounts | 552,541 | 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 | 367,020 | 507,635 | 225,876 | 0 | 0 | 0 |
| total current liabilities | 1,042,443 | 604,440 | 296,114 | 0 | 0 | 0 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 1,042,443 | 604,440 | 296,114 | 0 | 0 | 0 |
| net assets | -673,361 | -222,969 | 4,259 | 100 | 0 | 0 |
| total shareholders funds | -673,361 | -222,969 | 4,259 | 100 | 0 | 0 |
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | |
|---|---|---|---|---|---|---|
| Operating Activities | ||||||
| Operating Profit | ||||||
| Depreciation | 670 | 669 | 0 | 0 | ||
| Amortisation | 0 | 0 | 0 | 0 | ||
| Tax | ||||||
| Stock | -33,179 | -129,375 | 162,554 | 0 | 0 | 0 |
| Debtors | 21,342 | 318,576 | 27,695 | 100 | 0 | 0 |
| Creditors | 26,077 | 26,567 | 70,238 | 0 | 0 | 0 |
| Accruals and Deferred Income | -140,615 | 281,759 | 225,876 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | ||||||
| Investing Activities | ||||||
| capital expenditure | ||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | ||||||
| Financing Activities | ||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 552,541 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||
| interest | ||||||
| cash flow from financing | ||||||
| cash and cash equivalents | ||||||
| cash | 118 | -109,462 | 110,024 | 0 | 0 | 0 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 118 | -109,462 | 110,024 | 0 | 0 | 0 |
haynes new homes (contracts) limited Credit Report and Business Information
Haynes New Homes (contracts) Limited Competitor Analysis
Perform a competitor analysis for haynes new homes (contracts) limited by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other small companies, companies in SS9 area or any other competitors across 12 key performance metrics.
haynes new homes (contracts) limited Ownership
HAYNES NEW HOMES (CONTRACTS) LIMITED group structure
Haynes New Homes (Contracts) Limited has no subsidiary companies.
Ultimate parent company
1 parent
HAYNES NEW HOMES (CONTRACTS) LIMITED
10646253
haynes new homes (contracts) limited directors
Haynes New Homes (Contracts) Limited currently has 1 director, Mr Terrence Haynes serving since Mar 2017.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Terrence Haynes | United Kingdom | 65 years | Mar 2017 | - | Director |
P&L
March 2023turnover
2.1m
+18%
operating profit
-450.4k
0%
gross margin
74.7%
+0.08%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2023net assets
-673.4k
+2.02%
total assets
369.1k
-0.03%
cash
680
+0.21%
net assets
Total assets minus all liabilities
Similar Companies
haynes new homes (contracts) limited company details
company number
10646253
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
March 2017
age
7
incorporated
UK
accounts
Total Exemption Full
ultimate parent company
previous names
outings lane no. 2 limited (July 2020)
last accounts submitted
March 2023
address
1066 london road, leigh-on-sea, essex, SS9 3NA
accountant
MUDD PARTNERS LLP
auditor
-
haynes new homes (contracts) 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 haynes new homes (contracts) limited.
haynes new homes (contracts) limited Companies House Filings - See Documents
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