william newman housing ltd

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william newman housing ltd Company Information

Share WILLIAM NEWMAN HOUSING LTD

Company Number

10902797

Shareholders

sarwan developments limited

Group Structure

View All

Industry

Other business support service activities n.e.c.

 

Registered Address

rushall hall leigh road, walsall, west midlands, WS4 2DS

william newman housing ltd Estimated Valuation

£99.4k

Pomanda estimates the enterprise value of WILLIAM NEWMAN HOUSING LTD at £99.4k based on a Turnover of £184.3k and 0.54x industry multiple (adjusted for size and gross margin).

william newman housing ltd Estimated Valuation

£371.1k

Pomanda estimates the enterprise value of WILLIAM NEWMAN HOUSING LTD at £371.1k based on an EBITDA of £96.8k and a 3.84x industry multiple (adjusted for size and gross margin).

william newman housing ltd Estimated Valuation

£668.7k

Pomanda estimates the enterprise value of WILLIAM NEWMAN HOUSING LTD at £668.7k based on Net Assets of £282.5k and 2.37x industry multiple (adjusted for liquidity).

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William Newman Housing Ltd Overview

William Newman Housing Ltd is a live company located in west midlands, WS4 2DS with a Companies House number of 10902797. It operates in the other business support service activities n.e.c. sector, SIC Code 82990. Founded in August 2017, it's largest shareholder is sarwan developments limited with a 100% stake. William Newman Housing Ltd is a young, micro sized company, Pomanda has estimated its turnover at £184.3k with declining growth in recent years.

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William Newman Housing Ltd Health Check

Pomanda's financial health check has awarded William Newman Housing Ltd a 4 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 6 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating4out of 5
positive_score

3 Strong

positive_score

2 Regular

positive_score

6 Weak

size

Size

annual sales of £184.3k, make it smaller than the average company (£3.8m)

£184.3k - William Newman Housing Ltd

£3.8m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -9%, show it is growing at a slower rate (5.1%)

-9% - William Newman Housing Ltd

5.1% - Industry AVG

production

Production

with a gross margin of 38.1%, this company has a comparable cost of product (38.1%)

38.1% - William Newman Housing Ltd

38.1% - Industry AVG

profitability

Profitability

an operating margin of 52.5% make it more profitable than the average company (6.1%)

52.5% - William Newman Housing Ltd

6.1% - Industry AVG

employees

Employees

with 2 employees, this is below the industry average (23)

2 - William Newman Housing Ltd

23 - Industry AVG

paystructure

Pay Structure

on an average salary of £48.2k, the company has an equivalent pay structure (£48.2k)

£48.2k - William Newman Housing Ltd

£48.2k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £92.2k, this is less efficient (£152.8k)

£92.2k - William Newman Housing Ltd

£152.8k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 49 days, this is later than average (40 days)

49 days - William Newman Housing Ltd

40 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 0 days, this is quicker than average (33 days)

0 days - William Newman Housing Ltd

33 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - William Newman Housing Ltd

- - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 426 weeks, this is more cash available to meet short term requirements (25 weeks)

426 weeks - William Newman Housing Ltd

25 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 3.9%, this is a lower level of debt than the average (61.5%)

3.9% - William Newman Housing Ltd

61.5% - Industry AVG

WILLIAM NEWMAN HOUSING LTD financials

EXPORTms excel logo

William Newman Housing Ltd's latest turnover from August 2023 is estimated at £184.3 thousand and the company has net assets of £282.5 thousand. According to their latest financial statements, William Newman Housing Ltd has 2 employees and maintains cash reserves of £92.7 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Aug 2023Aug 2022Aug 2021Aug 2020Aug 2019Aug 2018
Turnover184,306127,174175,556242,290384,11284,363
Other Income Or Grants000000
Cost Of Sales114,17678,666110,905150,457240,20052,625
Gross Profit70,13148,50964,65291,833143,91231,737
Admin Expenses-26,625-98,287156,647-126,144146,83226,494
Operating Profit96,756146,796-91,995217,977-2,9205,243
Interest Payable000000
Interest Receivable4,3531,56517716229313
Pre-Tax Profit101,109148,360-91,818218,138-2,6275,256
Tax-25,277-28,1880-41,4460-999
Profit After Tax75,832120,172-91,818176,692-2,6274,257
Dividends Paid000000
Retained Profit75,832120,172-91,818176,692-2,6274,257
Employee Costs96,49345,69042,87883,27541,34639,192
Number Of Employees211211
EBITDA*96,756146,796-91,995217,977-2,9205,243

* Earnings Before Interest, Tax, Depreciation and Amortisation

Aug 2023Aug 2022Aug 2021Aug 2020Aug 2019Aug 2018
Tangible Assets000000
Intangible Assets000000
Investments & Other000000
Debtors (Due After 1 year)000000
Total Fixed Assets000000
Stock & work in progress000000
Trade Debtors24,83324,83324,83338,71792,2640
Group Debtors176,292153,2533,253011
Misc Debtors11,8301,72439,13815,9417,503
Cash92,69873,143105,659248,32374,8473,341
misc current assets000000
total current assets293,824253,059135,469326,178183,05310,845
total assets293,824253,059135,469326,178183,05310,845
Bank overdraft000000
Bank loan000000
Trade Creditors 11012,21614,2114,748
Group/Directors Accounts4,4995,4995,4995,5662,0670
other short term finances000000
hp & lease commitments000000
other current liabilities6,81540,88243,465130,073165,1441,839
total current liabilities11,31546,38248,964147,855181,4226,587
loans000000
hp & lease commitments000000
Accruals and Deferred Income000000
other liabilities000000
provisions000000
total long term liabilities000000
total liabilities11,31546,38248,964147,855181,4226,587
net assets282,509206,67786,505178,3231,6314,258
total shareholders funds282,509206,67786,505178,3231,6314,258
Aug 2023Aug 2022Aug 2021Aug 2020Aug 2019Aug 2018
Operating Activities
Operating Profit96,756146,796-91,995217,977-2,9205,243
Depreciation000000
Amortisation000000
Tax-25,277-28,1880-41,4460-999
Stock000000
Debtors21,210150,106-48,045-30,351100,7027,504
Creditors01-12,216-1,9959,4634,748
Accruals and Deferred Income-34,067-2,583-86,608-35,071163,3051,839
Deferred Taxes & Provisions000000
Cash flow from operations16,202-34,080-142,774169,81669,1463,327
Investing Activities
capital expenditure000000
Change in Investments000000
cash flow from investments000000
Financing Activities
Bank loans000000
Group/Directors Accounts-1,0000-673,4992,0670
Other Short Term Loans 000000
Long term loans000000
Hire Purchase and Lease Commitments000000
other long term liabilities000000
share issue000001
interest4,3531,56517716229313
cash flow from financing3,3531,5651103,6612,36014
cash and cash equivalents
cash19,555-32,516-142,664173,47671,5063,341
overdraft000000
change in cash19,555-32,516-142,664173,47671,5063,341

william newman housing 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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William Newman Housing Ltd Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for william newman housing ltd by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other micro companies, companies in WS4 area or any other competitors across 12 key performance metrics.

william newman housing ltd Ownership

WILLIAM NEWMAN HOUSING LTD group structure

William Newman Housing Ltd has no subsidiary companies.

Ultimate parent company

2 parents

WILLIAM NEWMAN HOUSING LTD

10902797

WILLIAM NEWMAN HOUSING LTD Shareholders

sarwan developments limited 100%

william newman housing ltd directors

William Newman Housing Ltd currently has 2 directors. The longest serving directors include Mr Gurdev Gandham (Aug 2017) and Mrs Gurinder Gandham (Mar 2023).

officercountryagestartendrole
Mr Gurdev GandhamUnited Kingdom71 years Aug 2017- Director
Mrs Gurinder GandhamUnited Kingdom69 years Mar 2023- Director

P&L

August 2023

turnover

184.3k

+45%

operating profit

96.8k

0%

gross margin

38.1%

-0.24%

turnover

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

Balance Sheet

August 2023

net assets

282.5k

+0.37%

total assets

293.8k

+0.16%

cash

92.7k

+0.27%

net assets

Total assets minus all liabilities

william newman housing ltd company details

company number

10902797

Type

Private limited with Share Capital

industry

82990 - Other business support service activities n.e.c.

incorporation date

August 2017

age

8

incorporated

UK

ultimate parent company

accounts

Total Exemption Full

last accounts submitted

August 2023

previous names

N/A

accountant

DHILLON ACCOUNTANTS LIMITED

auditor

-

address

rushall hall leigh road, walsall, west midlands, WS4 2DS

Bank

BARCLAYS BANK PLC

Legal Advisor

-

william newman housing 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 did not find charges/mortgages relating to william newman housing ltd.

william newman housing 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.

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william newman housing ltd Companies House Filings - See Documents

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