life homes ltd

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life homes ltd Company Information

Share LIFE HOMES LTD

Company Number

10658266

Shareholders

christina maria goldie

philip john freeborn

Group Structure

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Industry

Buying and selling of own real estate

 

Registered Address

white house milford road, elstead, godalming, GU8 6HZ

life homes ltd Estimated Valuation

£1.2m

Pomanda estimates the enterprise value of LIFE HOMES LTD at £1.2m based on a Turnover of £390k and 3.01x industry multiple (adjusted for size and gross margin).

life homes ltd Estimated Valuation

£0

Pomanda estimates the enterprise value of LIFE HOMES LTD at £0 based on an EBITDA of £-255k and a 6.45x industry multiple (adjusted for size and gross margin).

life homes ltd Estimated Valuation

£0

Pomanda estimates the enterprise value of LIFE HOMES LTD at £0 based on Net Assets of £-478k and 1.58x industry multiple (adjusted for liquidity).

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Life Homes Ltd Overview

Life Homes Ltd is a live company located in godalming, GU8 6HZ with a Companies House number of 10658266. It operates in the buying and selling of own real estate sector, SIC Code 68100. Founded in March 2017, it's largest shareholder is christina maria goldie with a 65% stake. Life Homes Ltd is a young, micro sized company, Pomanda has estimated its turnover at £390k with declining growth in recent years.

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Life Homes Ltd Health Check

Pomanda's financial health check has awarded Life Homes Ltd a 1 rating. We use a traffic light system to show it exceeds the industry average on 0 measures and has 6 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating1out of 5
positive_score

0 Strong

positive_score

3 Regular

positive_score

6 Weak

size

Size

annual sales of £390k, make it smaller than the average company (£815.5k)

£390k - Life Homes Ltd

£815.5k - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -1%, show it is growing at a slower rate (3.1%)

-1% - Life Homes Ltd

3.1% - Industry AVG

production

Production

with a gross margin of 67.5%, this company has a comparable cost of product (67.5%)

67.5% - Life Homes Ltd

67.5% - Industry AVG

profitability

Profitability

an operating margin of -65.4% make it less profitable than the average company (26.4%)

-65.4% - Life Homes Ltd

26.4% - Industry AVG

employees

Employees

with 2 employees, this is below the industry average (4)

2 - Life Homes Ltd

4 - Industry AVG

paystructure

Pay Structure

on an average salary of £38.5k, the company has an equivalent pay structure (£38.5k)

£38.5k - Life Homes Ltd

£38.5k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £195k, this is equally as efficient (£195k)

£195k - Life Homes Ltd

£195k - Industry AVG

debtordays

Debtor Days

There is insufficient data available for this Key Performance Indicator!

- - Life Homes Ltd

- - Industry AVG

creditordays

Creditor Days

There is insufficient data available for this Key Performance Indicator!

- - Life Homes Ltd

- - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Life Homes Ltd

- - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 5 weeks, this is less cash available to meet short term requirements (7 weeks)

5 weeks - Life Homes Ltd

7 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 114.4%, this is a higher level of debt than the average (63%)

114.4% - Life Homes Ltd

63% - Industry AVG

LIFE HOMES LTD financials

EXPORTms excel logo

Life Homes Ltd's latest turnover from March 2024 is estimated at £390 thousand and the company has net assets of -£478 thousand. According to their latest financial statements, Life Homes Ltd has 2 employees and maintains cash reserves of £25.7 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018
Turnover390,000397,999408,251399,699
Other Income Or Grants
Cost Of Sales126,829133,798139,880129,979
Gross Profit263,171264,201268,371269,720
Admin Expenses518,215341,971304,550251,560-77,042-92,095215
Operating Profit-255,044-77,770-36,17918,16077,04292,095-215
Interest Payable40,47518,43823,27491,685101,44224,788
Interest Receivable1,9601,417131232320896
Pre-Tax Profit-293,559-94,790-36,048-5,090-14,619-9,139-24,907
Tax
Profit After Tax-293,559-94,790-36,048-5,090-14,619-9,139-24,907
Dividends Paid
Retained Profit-293,559-94,790-36,048-5,090-14,619-9,139-24,907
Employee Costs76,99772,09673,52071,303
Number Of Employees2222
EBITDA*-255,044-77,770-36,10418,24377,12592,178-208

* Earnings Before Interest, Tax, Depreciation and Amortisation

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018
Tangible Assets2,299,2052,376,0252,088,8802,088,9631,793,0921,863,995
Intangible Assets
Investments & Other1,000,000800,0002,826,025450,000250,000250,000150,000
Debtors (Due After 1 year)
Total Fixed Assets3,299,2053,176,0252,826,0252,538,8802,338,9632,043,0922,013,995
Stock & work in progress
Trade Debtors
Group Debtors
Misc Debtors5,9188981,198106,115105,951202,982198,078
Cash25,67248,98817,70317,17329,60617,15638,400
misc current assets
total current assets31,59049,88618,901123,288135,557220,138236,478
total assets3,330,7953,225,9112,844,9262,662,1682,474,5202,263,2302,250,473
Bank overdraft5,8415,7485,469
Bank loan
Trade Creditors
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities230,957341,547106,52952,72353,90954,09332,461
total current liabilities230,957341,547106,52952,72359,75059,84137,930
loans359,790359,757757,2352,237,235757,250
hp & lease commitments
Accruals and Deferred Income
other liabilities3,218,0002,709,0002,828,0002,663,0001,706,0001,480,000
provisions
total long term liabilities3,577,7903,068,7572,828,0002,663,0002,463,2352,237,2352,237,250
total liabilities3,808,7473,410,3042,934,5292,715,7232,522,9852,297,0762,275,180
net assets-477,952-184,393-89,603-53,555-48,465-33,846-24,707
total shareholders funds-477,952-184,393-89,603-53,555-48,465-33,846-24,707
Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018
Operating Activities
Operating Profit-255,044-77,770-36,17918,16077,04292,095-215
Depreciation758383837
Amortisation
Tax
Stock
Debtors5,020-300-104,917164-97,0314,904198,078
Creditors
Accruals and Deferred Income-110,590235,01853,806-1,186-18421,63232,461
Deferred Taxes & Provisions
Cash flow from operations-370,654157,548122,61916,893173,972108,906-165,825
Investing Activities
capital expenditure76,820-2,376,0252,088,805-295,95470,820-1,864,002
Change in Investments200,000-2,026,0252,376,025200,000100,000150,000
cash flow from investments-123,180-350,000-287,220-200,000-295,954-29,180-2,014,002
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans33359,757-757,235-1,480,0001,479,985757,250
Hire Purchase and Lease Commitments
other long term liabilities509,000-119,000165,000957,0001,706,000-1,480,0001,480,000
share issue200
interest-38,515-17,021131-23,251-91,662-101,234-24,692
cash flow from financing470,518223,736165,131176,514134,338-101,2492,212,758
cash and cash equivalents
cash-23,31631,285530-12,43312,450-21,24438,400
overdraft-5,841932795,469
change in cash-23,31631,285530-6,59212,357-21,52332,931

life homes ltd Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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Life Homes Ltd Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for life homes ltd by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other micro companies, companies in GU8 area or any other competitors across 12 key performance metrics.

life homes ltd Ownership

LIFE HOMES LTD group structure

Life Homes Ltd has no subsidiary companies.

Ultimate parent company

LIFE HOMES LTD

10658266

LIFE HOMES LTD Shareholders

christina maria goldie 65%
philip john freeborn 35%

life homes ltd directors

Life Homes Ltd currently has 2 directors. The longest serving directors include Mrs Christina Goldie (Mar 2017) and Mr Philip Freeborn (Mar 2017).

officercountryagestartendrole
Mrs Christina GoldieEngland61 years Mar 2017- Director
Mr Philip FreebornEngland62 years Mar 2017- Director

P&L

March 2024

turnover

390k

-2%

operating profit

-255k

0%

gross margin

67.5%

+1.65%

turnover

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

Balance Sheet

March 2024

net assets

-478k

+1.59%

total assets

3.3m

+0.03%

cash

25.7k

-0.48%

net assets

Total assets minus all liabilities

life homes ltd company details

company number

10658266

Type

Private limited with Share Capital

industry

68100 - Buying and selling of own real estate

incorporation date

March 2017

age

8

incorporated

UK

ultimate parent company

None

accounts

Total Exemption Full

last accounts submitted

March 2024

previous names

N/A

accountant

-

auditor

-

address

white house milford road, elstead, godalming, GU8 6HZ

Bank

-

Legal Advisor

-

life 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 4 charges/mortgages relating to life homes ltd. Currently there are 1 open charges and 3 have been satisfied in the past.

life 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 LIFE HOMES LTD. This can take several minutes, an email will notify you when this has completed.

life homes ltd Companies House Filings - See Documents

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