home letting solutions limited
home letting solutions limited Company Information
Company Number
10760929
Website
-Registered Address
33 holtye road, east grinstead, west sussex, RH19 3HT
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
February 2025
Group Structure
View All
Shareholders
lewis maurice solomon 50%
denitsa georgieva vaklinova 50%
home letting solutions limited Estimated Valuation
Pomanda estimates the enterprise value of HOME LETTING SOLUTIONS LIMITED at £98k based on a Turnover of £43.8k and 2.24x industry multiple (adjusted for size and gross margin).
home letting solutions limited Estimated Valuation
Pomanda estimates the enterprise value of HOME LETTING SOLUTIONS LIMITED at £42.1k based on an EBITDA of £8.6k and a 4.9x industry multiple (adjusted for size and gross margin).
home letting solutions limited Estimated Valuation
Pomanda estimates the enterprise value of HOME LETTING SOLUTIONS LIMITED at £0 based on Net Assets of £-35.2k and 1.6x industry multiple (adjusted for liquidity).
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Home Letting Solutions Limited Overview
Home Letting Solutions Limited is a live company located in west sussex, RH19 3HT with a Companies House number of 10760929. It operates in the other letting and operating of own or leased real estate sector, SIC Code 68209. Founded in May 2017, it's largest shareholder is lewis maurice solomon with a 50% stake. Home Letting Solutions Limited is a young, micro sized company, Pomanda has estimated its turnover at £43.8k with declining growth in recent years.
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Home Letting Solutions Limited Health Check
Pomanda's financial health check has awarded Home Letting Solutions Limited a 1.5 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
2 Strong
1 Regular
7 Weak
Size
annual sales of £43.8k, make it smaller than the average company (£846k)
- Home Letting Solutions Limited
£846k - Industry AVG
Growth
3 year (CAGR) sales growth of -20%, show it is growing at a slower rate (2.2%)
- Home Letting Solutions Limited
2.2% - Industry AVG
Production
with a gross margin of 29.3%, this company has a higher cost of product (71.9%)
- Home Letting Solutions Limited
71.9% - Industry AVG
Profitability
an operating margin of 19.6% make it less profitable than the average company (27.2%)
- Home Letting Solutions Limited
27.2% - Industry AVG
Employees
with 2 employees, this is below the industry average (4)
2 - Home Letting Solutions Limited
4 - Industry AVG
Pay Structure
on an average salary of £31.4k, the company has an equivalent pay structure (£31.4k)
- Home Letting Solutions Limited
£31.4k - Industry AVG
Efficiency
resulting in sales per employee of £21.9k, this is less efficient (£186.8k)
- Home Letting Solutions Limited
£186.8k - Industry AVG
Debtor Days
it gets paid by customers after 0 days, this is earlier than average (32 days)
- Home Letting Solutions Limited
32 days - Industry AVG
Creditor Days
its suppliers are paid after 89 days, this is slower than average (35 days)
- Home Letting Solutions Limited
35 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Home Letting Solutions Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Home Letting Solutions Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 107%, this is a higher level of debt than the average (67.5%)
107% - Home Letting Solutions Limited
67.5% - Industry AVG
HOME LETTING SOLUTIONS LIMITED financials
Home Letting Solutions Limited's latest turnover from May 2023 is estimated at £43.8 thousand and the company has net assets of -£35.2 thousand. According to their latest financial statements, Home Letting Solutions Limited has 2 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| May 2023 | May 2022 | May 2021 | May 2020 | May 2019 | May 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 | 2 | 2 | |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| May 2023 | May 2022 | May 2021 | May 2020 | May 2019 | May 2018 | |
|---|---|---|---|---|---|---|
| Tangible Assets | 506,362 | 508,566 | 501,754 | 496,155 | 496,155 | 257,622 |
| 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 | 506,362 | 508,566 | 501,754 | 496,155 | 496,155 | 257,622 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 107 | 4,203 | 12,977 | 7,251 | 0 | 29 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 0 | 0 | 0 | 0 | 1,777 | 0 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 107 | 4,203 | 12,977 | 7,251 | 1,777 | 29 |
| total assets | 506,469 | 512,769 | 514,731 | 503,406 | 497,932 | 257,651 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 7,564 | 8,115 | 125,585 | 108,080 | 0 | 51,411 |
| 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 | 0 | 0 | 0 | 0 | 116,614 | 0 |
| total current liabilities | 7,564 | 8,115 | 125,585 | 108,080 | 116,614 | 51,411 |
| 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 | 600 |
| other liabilities | 534,130 | 546,310 | 429,030 | 429,030 | 412,086 | 208,225 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 534,130 | 546,310 | 429,030 | 429,030 | 412,086 | 208,825 |
| total liabilities | 541,694 | 554,425 | 554,615 | 537,110 | 528,700 | 260,236 |
| net assets | -35,225 | -41,656 | -39,884 | -33,704 | -30,768 | -2,585 |
| total shareholders funds | -35,225 | -41,656 | -39,884 | -33,704 | -30,768 | -2,585 |
| May 2023 | May 2022 | May 2021 | May 2020 | May 2019 | May 2018 | |
|---|---|---|---|---|---|---|
| Operating Activities | ||||||
| Operating Profit | ||||||
| Depreciation | ||||||
| Amortisation | ||||||
| Tax | ||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | -4,096 | -8,774 | 5,726 | 7,251 | -29 | 29 |
| Creditors | -551 | -117,470 | 17,505 | 108,080 | -51,411 | 51,411 |
| Accruals and Deferred Income | 0 | 0 | 0 | -116,614 | 116,014 | 600 |
| 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 | 0 | 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 | -12,180 | 117,280 | 0 | 16,944 | 203,861 | 208,225 |
| share issue | ||||||
| interest | ||||||
| cash flow from financing | ||||||
| cash and cash equivalents | ||||||
| cash | 0 | 0 | 0 | -1,777 | 1,777 | 0 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 0 | 0 | 0 | -1,777 | 1,777 | 0 |
home letting solutions limited Credit Report and Business Information
Home Letting Solutions Limited Competitor Analysis
Perform a competitor analysis for home letting solutions limited by selecting its closest rivals and benchmarking them against 12 key performance metrics.
home letting solutions limited Ownership
HOME LETTING SOLUTIONS LIMITED group structure
Home Letting Solutions Limited has no subsidiary companies.
Ultimate parent company
HOME LETTING SOLUTIONS LIMITED
10760929
home letting solutions limited directors
Home Letting Solutions Limited currently has 2 directors. The longest serving directors include Mrs Denitsa Vaklinova (May 2017) and Mr Lewis Solomon (May 2017).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mrs Denitsa Vaklinova | England | 49 years | May 2017 | - | Director |
| Mr Lewis Solomon | United Kingdom | 69 years | May 2017 | - | Director |
P&L
May 2023turnover
43.8k
-9%
operating profit
8.6k
0%
gross margin
29.3%
+4.93%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
May 2023net assets
-35.2k
-0.15%
total assets
506.5k
-0.01%
cash
0
0%
net assets
Total assets minus all liabilities
home letting solutions limited company details
company number
10760929
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
May 2017
age
7
accounts
Micro-Entity Accounts
ultimate parent company
previous names
N/A
incorporated
UK
address
33 holtye road, east grinstead, west sussex, RH19 3HT
last accounts submitted
May 2023
home letting solutions 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 home letting solutions limited.
home letting solutions limited Companies House Filings - See Documents
| date | description | view/download |
|---|
