green light homes ltd

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green light homes ltd Company Information

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Company Number

10667562

Website

-

Registered Address

7 regent street, kingswood, bristol, BS15 8JX

Industry

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

 

Buying and selling of own real estate

 

Telephone

-

Next Accounts Due

December 2024

Group Structure

View All

Directors

Lesley Watt7 Years

Jonathan Watt7 Years

Shareholders

jonathan watt 50%

lesley watt 50%

green light homes ltd Estimated Valuation

£400.9k

Pomanda estimates the enterprise value of GREEN LIGHT HOMES LTD at £400.9k based on a Turnover of £206k and 1.95x industry multiple (adjusted for size and gross margin).

green light homes ltd Estimated Valuation

£136k

Pomanda estimates the enterprise value of GREEN LIGHT HOMES LTD at £136k based on an EBITDA of £28.7k and a 4.73x industry multiple (adjusted for size and gross margin).

green light homes ltd Estimated Valuation

£154.4k

Pomanda estimates the enterprise value of GREEN LIGHT HOMES LTD at £154.4k based on Net Assets of £100.3k and 1.54x industry multiple (adjusted for liquidity).

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Green Light Homes Ltd Overview

Green Light Homes Ltd is a live company located in bristol, BS15 8JX with a Companies House number of 10667562. 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 jonathan watt with a 50% stake. Green Light Homes Ltd is a young, micro sized company, Pomanda has estimated its turnover at £206k with low growth in recent years.

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Green Light Homes Ltd Health Check

Pomanda's financial health check has awarded Green Light Homes 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 Check Image
Health Rating2out of 5
positive_score

2 Strong

positive_score

1 Regular

positive_score

7 Weak

size

Size

annual sales of £206k, make it smaller than the average company (£851.8k)

£206k - Green Light Homes Ltd

£851.8k - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 1%, show it is growing at a slower rate (2%)

1% - Green Light Homes Ltd

2% - Industry AVG

production

Production

with a gross margin of 30%, this company has a higher cost of product (70.9%)

30% - Green Light Homes Ltd

70.9% - Industry AVG

profitability

Profitability

an operating margin of 14% make it less profitable than the average company (36.1%)

14% - Green Light Homes Ltd

36.1% - Industry AVG

employees

Employees

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

2 - Green Light Homes Ltd

4 - Industry AVG

paystructure

Pay Structure

on an average salary of £33.6k, the company has an equivalent pay structure (£33.6k)

£33.6k - Green Light Homes Ltd

£33.6k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £103k, this is less efficient (£185.3k)

£103k - Green Light Homes Ltd

£185.3k - Industry AVG

debtordays

Debtor Days

There is insufficient data available for this Key Performance Indicator!

- - Green Light Homes Ltd

- - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 751 days, this is slower than average (33 days)

751 days - Green Light Homes Ltd

33 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Green Light Homes Ltd

- - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 19 weeks, this is more cash available to meet short term requirements (12 weeks)

19 weeks - Green Light Homes Ltd

12 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 90.8%, this is a higher level of debt than the average (63.4%)

90.8% - Green Light Homes Ltd

63.4% - Industry AVG

GREEN LIGHT HOMES LTD financials

EXPORTms excel logo

Green Light Homes Ltd's latest turnover from March 2023 is estimated at £206 thousand and the company has net assets of £100.3 thousand. According to their latest financial statements, Green Light Homes Ltd has 2 employees and maintains cash reserves of £111.4 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018
Turnover205,972220,431221,039198,007261,212308,308
Other Income Or Grants000000
Cost Of Sales144,208156,320157,823143,633184,599217,192
Gross Profit61,76464,11163,21554,37376,61291,116
Admin Expenses33,02929,88015,80464,63396,48693,757
Operating Profit28,73534,23147,411-10,260-19,874-2,641
Interest Payable000000
Interest Receivable5,149647331200
Pre-Tax Profit33,88434,87847,443-10,248-19,874-2,641
Tax-6,438-6,627-9,014000
Profit After Tax27,44628,25138,429-10,248-19,874-2,641
Dividends Paid000000
Retained Profit27,44628,25138,429-10,248-19,874-2,641
Employee Costs67,11665,50362,76566,21132,86330,521
Number Of Employees222211
EBITDA*28,73534,23174,159-10,260-19,874-2,641

* Earnings Before Interest, Tax, Depreciation and Amortisation

Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018
Tangible Assets982,000982,000982,000754,832557,3690
Intangible Assets000000
Investments & Other000000
Debtors (Due After 1 year)000000
Total Fixed Assets982,000982,000982,000754,832557,3690
Stock & work in progress000000
Trade Debtors000047,65176,458
Group Debtors000000
Misc Debtors000000
Cash111,398130,88741,58823,45000
misc current assets000000
total current assets111,398130,88741,58823,45047,65176,458
total assets1,093,3981,112,8871,023,588778,282605,02076,458
Bank overdraft000000
Bank loan000000
Trade Creditors 296,941339,728388,221296,133308,99079,099
Group/Directors Accounts000000
other short term finances000000
hp & lease commitments000000
other current liabilities000000
total current liabilities296,941339,728388,221296,133308,99079,099
loans000000
hp & lease commitments000000
Accruals and Deferred Income000000
other liabilities687,021691,169576,307514,81200
provisions9,1159,11510,126000
total long term liabilities696,136700,284586,433514,812318,5450
total liabilities993,0771,040,012974,654810,945627,53579,099
net assets100,32172,87548,934-32,663-22,515-2,641
total shareholders funds100,32172,87548,934-32,663-22,515-2,641
Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018
Operating Activities
Operating Profit28,73534,23147,411-10,260-19,874-2,641
Depreciation0026,748000
Amortisation000000
Tax-6,438-6,627-9,014000
Stock000000
Debtors000-47,651-28,80776,458
Creditors-42,787-48,49392,088-12,857229,89179,099
Accruals and Deferred Income000000
Deferred Taxes & Provisions0-1,01110,126000
Cash flow from operations-20,490-21,900167,35924,534238,8240
Investing Activities
capital expenditure00-253,916-197,463-557,3690
Change in Investments000000
cash flow from investments00-253,916-197,463-557,3690
Financing Activities
Bank loans000000
Group/Directors Accounts000000
Other Short Term Loans 000000
Long term loans000000
Hire Purchase and Lease Commitments000000
other long term liabilities-4,148114,86261,495514,81200
share issue0-4,31043,16810000
interest5,149647331200
cash flow from financing1,001111,199104,696514,92400
cash and cash equivalents
cash-19,48989,29918,13823,45000
overdraft000000
change in cash-19,48989,29918,13823,45000

green light 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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Green Light Homes Ltd Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for green light homes ltd by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other micro companies, companies in BS15 area or any other competitors across 12 key performance metrics.

green light homes ltd Ownership

GREEN LIGHT HOMES LTD group structure

Green Light Homes Ltd has no subsidiary companies.

Ultimate parent company

GREEN LIGHT HOMES LTD

10667562

GREEN LIGHT HOMES LTD Shareholders

jonathan watt 50%
lesley watt 50%

green light homes ltd directors

Green Light Homes Ltd currently has 2 directors. The longest serving directors include Mrs Lesley Watt (Mar 2017) and Mr Jonathan Watt (Mar 2017).

officercountryagestartendrole
Mrs Lesley WattUnited Kingdom61 years Mar 2017- Director
Mr Jonathan WattEngland59 years Mar 2017- Director

P&L

March 2023

turnover

206k

-7%

operating profit

28.7k

0%

gross margin

30%

+3.1%

turnover

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

Balance Sheet

March 2023

net assets

100.3k

+0.38%

total assets

1.1m

-0.02%

cash

111.4k

-0.15%

net assets

Total assets minus all liabilities

green light homes ltd company details

company number

10667562

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.

68100 - Buying and selling of own real estate

incorporation date

March 2017

age

7

incorporated

UK

ultimate parent company

None

accounts

Unaudited Abridged

last accounts submitted

March 2023

previous names

N/A

accountant

NORTON TAX SHOPS LIMITED

auditor

-

address

7 regent street, kingswood, bristol, BS15 8JX

Bank

-

Legal Advisor

-

green light 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 8 charges/mortgages relating to green light homes ltd. Currently there are 7 open charges and 1 have been satisfied in the past.

charges

green light homes ltd Companies House Filings - See Documents

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