three rivers homes limited
three rivers homes limited Company Information
Company Number
10689139
Next Accounts
Dec 2025
Shareholders
clarendon living limited three rivers district council
Group Structure
View All
Industry
Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.
+1Registered Address
gateway house 59 clarendon road, watford, hertfordshire, WD17 1LA
Website
https://www.wcht.org.ukthree rivers homes limited Estimated Valuation
Pomanda estimates the enterprise value of THREE RIVERS HOMES LIMITED at £1.1m based on a Turnover of £351k and 3.24x industry multiple (adjusted for size and gross margin).
three rivers homes limited Estimated Valuation
Pomanda estimates the enterprise value of THREE RIVERS HOMES LIMITED at £1.5m based on an EBITDA of £223k and a 6.53x industry multiple (adjusted for size and gross margin).
three rivers homes limited Estimated Valuation
Pomanda estimates the enterprise value of THREE RIVERS HOMES LIMITED at £3.5m based on Net Assets of £2.2m and 1.63x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Three Rivers Homes Limited Overview
Three Rivers Homes Limited is a live company located in hertfordshire, WD17 1LA with a Companies House number of 10689139. It operates in the buying and selling of own real estate sector, SIC Code 68100. Founded in March 2017, it's largest shareholder is clarendon living limited three rivers district council with a 100% stake. Three Rivers Homes Limited is a young, micro sized company, Pomanda has estimated its turnover at £351k with low growth in recent years.
Upgrade for unlimited company reports & a free credit check
Three Rivers Homes Limited Health Check
Pomanda's financial health check has awarded Three Rivers Homes Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 4 areas for improvement. Company Health Check FAQs
2 Strong
3 Regular
4 Weak
Size
annual sales of £351k, make it smaller than the average company (£873.4k)
£351k - Three Rivers Homes Limited
£873.4k - Industry AVG
Growth
3 year (CAGR) sales growth of 3%, show it is growing at a slower rate (4%)
3% - Three Rivers Homes Limited
4% - Industry AVG
Production
with a gross margin of 71.3%, this company has a comparable cost of product (71.3%)
71.3% - Three Rivers Homes Limited
71.3% - Industry AVG
Profitability
an operating margin of 50.1% make it more profitable than the average company (28.5%)
50.1% - Three Rivers Homes Limited
28.5% - Industry AVG
Employees
with 2 employees, this is below the industry average (4)
- Three Rivers Homes Limited
4 - Industry AVG
Pay Structure
There is insufficient data available for this Key Performance Indicator!
- Three Rivers Homes Limited
- - Industry AVG
Efficiency
resulting in sales per employee of £175.5k, this is equally as efficient (£189.6k)
- Three Rivers Homes Limited
£189.6k - Industry AVG
Debtor Days
it gets paid by customers after 102 days, this is later than average (28 days)
102 days - Three Rivers Homes Limited
28 days - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- - Three Rivers Homes Limited
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Three Rivers Homes Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 57 weeks, this is more cash available to meet short term requirements (10 weeks)
57 weeks - Three Rivers Homes Limited
10 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 68.9%, this is a similar level of debt than the average (62.8%)
68.9% - Three Rivers Homes Limited
62.8% - Industry AVG
THREE RIVERS HOMES LIMITED financials
Three Rivers Homes Limited's latest turnover from March 2024 is £351 thousand and the company has net assets of £2.2 million. According to their latest financial statements, we estimate that Three Rivers Homes Limited has 2 employees and maintains cash reserves of £336 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | |
|---|---|---|---|---|---|---|---|
| Turnover | 351,000 | 334,000 | 344,000 | 323,000 | 824,000 | 18,000 | 6,000 |
| Other Income Or Grants | |||||||
| Cost Of Sales | |||||||
| Gross Profit | |||||||
| Admin Expenses | |||||||
| Operating Profit | 176,000 | 197,000 | 187,000 | 393,000 | |||
| Interest Payable | 168,000 | 166,000 | 166,000 | 166,000 | 159,000 | 0 | 0 |
| Interest Receivable | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Pre-Tax Profit | 463,000 | 615,000 | 31,000 | 21,000 | 234,000 | -23,000 | -15,000 |
| Tax | -27,000 | -10,000 | -13,000 | -24,000 | 0 | 0 | 0 |
| Profit After Tax | 436,000 | 605,000 | 18,000 | -3,000 | 234,000 | -23,000 | -15,000 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Retained Profit | 436,000 | 605,000 | 18,000 | -3,000 | 234,000 | -23,000 | -15,000 |
| Employee Costs | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Number Of Employees | |||||||
| EBITDA* | 223,000 | 250,000 | 237,000 | 393,000 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | |
|---|---|---|---|---|---|---|---|
| Tangible Assets | 3,304,000 | 3,124,000 | 3,179,000 | 3,192,000 | 3,196,000 | 5,211,000 | 1,480,000 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 3,200,000 | 2,745,000 | 2,153,000 | 2,153,000 | 2,153,000 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 6,504,000 | 5,869,000 | 5,332,000 | 5,345,000 | 5,349,000 | 5,211,000 | 1,480,000 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 99,000 | 27,000 | 22,000 | 0 | 0 | 0 | 0 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 10,000 |
| Cash | 336,000 | 69,000 | 246,000 | 66,000 | 194,000 | 691,000 | 653,000 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 435,000 | 96,000 | 268,000 | 66,000 | 194,000 | 691,000 | 663,000 |
| total assets | 6,939,000 | 5,965,000 | 5,600,000 | 5,411,000 | 5,543,000 | 5,902,000 | 2,143,000 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 305,000 | 84,000 | 248,000 | 62,000 | 80,000 | 406,000 | 138,000 |
| total current liabilities | 305,000 | 84,000 | 248,000 | 62,000 | 80,000 | 406,000 | 138,000 |
| loans | 4,271,000 | 4,156,000 | 4,226,000 | 4,226,000 | 4,247,000 | 4,514,000 | 1,000,000 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 180,000 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 22,000 | 0 | 6,000 | 0 | 0 | 0 | 0 |
| total long term liabilities | 4,473,000 | 4,156,000 | 4,232,000 | 4,226,000 | 4,247,000 | 4,514,000 | 1,000,000 |
| total liabilities | 4,778,000 | 4,240,000 | 4,480,000 | 4,288,000 | 4,327,000 | 4,920,000 | 1,138,000 |
| net assets | 2,161,000 | 1,725,000 | 1,120,000 | 1,123,000 | 1,216,000 | 982,000 | 1,005,000 |
| total shareholders funds | 2,161,000 | 1,725,000 | 1,120,000 | 1,123,000 | 1,216,000 | 982,000 | 1,005,000 |
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | |
|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||
| Operating Profit | 176,000 | 197,000 | 187,000 | 393,000 | |||
| Depreciation | 47,000 | 47,000 | 53,000 | 50,000 | 0 | ||
| Amortisation | 0 | 0 | 0 | 0 | 0 | ||
| Tax | -27,000 | -10,000 | -13,000 | -24,000 | 0 | 0 | 0 |
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 72,000 | 5,000 | 22,000 | 0 | 0 | -10,000 | 10,000 |
| Creditors | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 221,000 | -164,000 | 186,000 | -18,000 | -326,000 | 268,000 | 138,000 |
| Deferred Taxes & Provisions | 22,000 | -6,000 | 6,000 | 0 | 0 | 0 | 0 |
| Cash flow from operations | 367,000 | 407,000 | 195,000 | 67,000 | |||
| Investing Activities | |||||||
| capital expenditure | 0 | 0 | 0 | 0 | 0 | -3,731,000 | -660,000 |
| Change in Investments | 455,000 | 592,000 | 0 | 0 | 2,153,000 | 0 | 0 |
| cash flow from investments | -455,000 | -592,000 | 0 | 0 | -2,153,000 | -3,731,000 | -660,000 |
| Financing Activities | |||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 115,000 | -70,000 | 0 | -21,000 | -267,000 | 3,514,000 | 1,000,000 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 180,000 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||||
| interest | -168,000 | -166,000 | -166,000 | -166,000 | -159,000 | 0 | 0 |
| cash flow from financing | 127,000 | -236,000 | -187,000 | -277,000 | -426,000 | 3,514,000 | 2,020,000 |
| cash and cash equivalents | |||||||
| cash | 267,000 | -177,000 | 180,000 | -128,000 | -497,000 | 38,000 | 653,000 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 267,000 | -177,000 | 180,000 | -128,000 | -497,000 | 38,000 | 653,000 |
three rivers homes limited Credit Report and Business Information
Three Rivers Homes Limited Competitor Analysis
Perform a competitor analysis for three rivers homes limited by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other micro companies, companies in WD17 area or any other competitors across 12 key performance metrics.
three rivers homes limited Ownership
THREE RIVERS HOMES LIMITED group structure
Three Rivers Homes Limited has no subsidiary companies.
Ultimate parent company
THREE RIVERS HOMES LIMITED
10689139
three rivers homes limited directors
Three Rivers Homes Limited currently has 4 directors. The longest serving directors include Mr Paul Richmond (Mar 2017) and Miss Tina Barnard (Mar 2017).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Paul Richmond | 46 years | Mar 2017 | - | Director | |
| Miss Tina Barnard | England | 61 years | Mar 2017 | - | Director |
| Ms Alison Scott | England | 56 years | Aug 2018 | - | Director |
| Ms Joanne Wagstaffe | England | 55 years | May 2023 | - | Director |
P&L
March 2024turnover
351k
+5%
operating profit
176k
0%
gross margin
71.3%
+0.97%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2024net assets
2.2m
+0.25%
total assets
6.9m
+0.16%
cash
336k
+3.87%
net assets
Total assets minus all liabilities
three rivers homes limited company details
company number
10689139
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
8
incorporated
UK
ultimate parent company
accounts
Small Company
last accounts submitted
March 2024
previous names
N/A
accountant
-
auditor
BEEVER & STRUTHERS
address
gateway house 59 clarendon road, watford, hertfordshire, WD17 1LA
Bank
LLOYDS TSB BANK PLC
Legal Advisor
ANTHONY COLLINS SOLICITORS LLP
three rivers homes 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 three rivers homes limited.
three rivers homes limited 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 THREE RIVERS HOMES LIMITED. This can take several minutes, an email will notify you when this has completed.
three rivers homes limited Companies House Filings - See Documents
| date | description | view/download |
|---|
