emerald city homes limited

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emerald city homes limited Company Information

Share EMERALD CITY HOMES LIMITED

Company Number

11115630

Shareholders

anika mann-patel

keiran patel

Group Structure

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Industry

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

 +1

Registered Address

278 northfield avenue, ealing, london, W5 4UB

emerald city homes limited Estimated Valuation

£1.6m

Pomanda estimates the enterprise value of EMERALD CITY HOMES LIMITED at £1.6m based on a Turnover of £487.7k and 3.19x industry multiple (adjusted for size and gross margin).

emerald city homes limited Estimated Valuation

£2.4m

Pomanda estimates the enterprise value of EMERALD CITY HOMES LIMITED at £2.4m based on an EBITDA of £366.1k and a 6.51x industry multiple (adjusted for size and gross margin).

emerald city homes limited Estimated Valuation

£0

Pomanda estimates the enterprise value of EMERALD CITY HOMES LIMITED at £0 based on Net Assets of £-1.1m and 1.66x industry multiple (adjusted for liquidity).

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Emerald City Homes Limited Overview

Emerald City Homes Limited is a live company located in london, W5 4UB with a Companies House number of 11115630. It operates in the buying and selling of own real estate sector, SIC Code 68100. Founded in December 2017, it's largest shareholder is anika mann-patel with a 50% stake. Emerald City Homes Limited is a young, micro sized company, Pomanda has estimated its turnover at £487.7k with declining growth in recent years.

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Emerald City Homes Limited Health Check

Pomanda's financial health check has awarded Emerald City Homes Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 5 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating3.5out of 5
positive_score

2 Strong

positive_score

3 Regular

positive_score

5 Weak

size

Size

annual sales of £487.7k, make it smaller than the average company (£878.1k)

£487.7k - Emerald City Homes Limited

£878.1k - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -14%, show it is growing at a slower rate (3.9%)

-14% - Emerald City Homes Limited

3.9% - Industry AVG

production

Production

with a gross margin of 70.6%, this company has a comparable cost of product (70.6%)

70.6% - Emerald City Homes Limited

70.6% - Industry AVG

profitability

Profitability

an operating margin of 75.1% make it more profitable than the average company (25.4%)

75.1% - Emerald City Homes Limited

25.4% - Industry AVG

employees

Employees

with 3 employees, this is below the industry average (4)

3 - Emerald City Homes Limited

4 - Industry AVG

paystructure

Pay Structure

on an average salary of £34.7k, the company has an equivalent pay structure (£34.7k)

£34.7k - Emerald City Homes Limited

£34.7k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £162.6k, this is equally as efficient (£184.5k)

£162.6k - Emerald City Homes Limited

£184.5k - Industry AVG

debtordays

Debtor Days

There is insufficient data available for this Key Performance Indicator!

- - Emerald City Homes Limited

- - Industry AVG

creditordays

Creditor Days

There is insufficient data available for this Key Performance Indicator!

- - Emerald City Homes Limited

- - Industry AVG

stockdays

Stock Days

it holds stock equivalent to 2497 days, this is more than average (226 days)

2497 days - Emerald City Homes Limited

226 days - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 730 weeks, this is more cash available to meet short term requirements (9 weeks)

730 weeks - Emerald City Homes Limited

9 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 129.5%, this is a higher level of debt than the average (66.6%)

129.5% - Emerald City Homes Limited

66.6% - Industry AVG

EMERALD CITY HOMES LIMITED financials

EXPORTms excel logo

Emerald City Homes Limited's latest turnover from January 2024 is estimated at £487.7 thousand and the company has net assets of -£1.1 million. According to their latest financial statements, we estimate that Emerald City Homes Limited has 3 employees and maintains cash reserves of £49.5 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Jan 2024Jan 2023Jan 2022Jan 2021Jan 2020Dec 2018
Turnover487,692439,862389,679772,672243,559349,065
Other Income Or Grants
Cost Of Sales143,171129,190118,714222,08874,358110,598
Gross Profit344,521310,672270,965550,584169,201238,467
Admin Expenses-21,587172,22926,565834,707290,002253,922
Operating Profit366,108138,443244,400-284,123-120,801-15,455
Interest Payable527,071416,245278,085181,66541,37622,797
Interest Receivable4,3063,8049575271,4681,583
Pre-Tax Profit-156,657-273,998-32,729-465,261-160,709-36,669
Tax
Profit After Tax-156,657-273,998-32,729-465,261-160,709-36,669
Dividends Paid
Retained Profit-156,657-273,998-32,729-465,261-160,709-36,669
Employee Costs103,967100,45998,962155,10768,67366,873
Number Of Employees333522
EBITDA*366,108138,443244,400-284,123-120,801-15,455

* Earnings Before Interest, Tax, Depreciation and Amortisation

Jan 2024Jan 2023Jan 2022Jan 2021Jan 2020Dec 2018
Tangible Assets
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
Stock & work in progress979,512979,512979,5122,409,7961,918,6141,266,877
Trade Debtors35,000
Group Debtors
Misc Debtors2,661,1732,574,5862,431,3791,035,910378,06753,000
Cash49,481114,563102,818662,491391,529422,248
misc current assets
total current assets3,690,1663,668,6613,513,7094,108,1972,688,2101,777,125
total assets3,690,1663,668,6613,513,7094,108,1972,688,2101,777,125
Bank overdraft
Bank loan
Trade Creditors 1416
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities3,5206,4003,5203,5203,7603,520
total current liabilities3,5206,4003,5203,5203,7613,936
loans4,775,6004,594,5584,168,4884,730,2471,225,969675,469
hp & lease commitments
Accruals and Deferred Income
other liabilities1,618,7891,133,989
provisions
total long term liabilities4,775,6004,594,5584,168,4884,730,2472,844,7581,809,458
total liabilities4,779,1204,600,9584,172,0084,733,7672,848,5191,813,394
net assets-1,088,954-932,297-658,299-625,570-160,309-36,269
total shareholders funds-1,088,954-932,297-658,299-625,570-160,309-36,269
Jan 2024Jan 2023Jan 2022Jan 2021Jan 2020Dec 2018
Operating Activities
Operating Profit366,108138,443244,400-284,123-120,801-15,455
Depreciation
Amortisation
Tax
Stock-1,430,284491,1821,918,6141,266,877
Debtors86,587143,2071,395,469657,843378,06788,000
Creditors-11416
Accruals and Deferred Income-2,8802,880-2403,7603,520
Deferred Taxes & Provisions
Cash flow from operations276,641-1,884279,215-1,433,389-2,413,721-1,366,396
Investing Activities
capital expenditure
Change in Investments
cash flow from investments
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans181,042426,070-561,7593,504,2781,225,969675,469
Hire Purchase and Lease Commitments
other long term liabilities-1,618,7891,618,7891,133,989
share issue400400
interest-522,765-412,441-277,128-181,138-39,908-21,214
cash flow from financing-341,72313,629-838,8871,704,3512,805,2501,788,644
cash and cash equivalents
cash-65,08211,745-559,673270,962391,529422,248
overdraft
change in cash-65,08211,745-559,673270,962391,529422,248

emerald city homes limited 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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Emerald City Homes Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for emerald city homes limited by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other micro companies, companies in W 5 area or any other competitors across 12 key performance metrics.

emerald city homes limited Ownership

EMERALD CITY HOMES LIMITED group structure

Emerald City Homes Limited has 4 subsidiary companies.

EMERALD CITY HOMES LIMITED Shareholders

anika mann-patel 50%
keiran patel 50%

emerald city homes limited directors

Emerald City Homes Limited currently has 2 directors. The longest serving directors include Mrs Anika Mann-Patel (Dec 2017) and Mr Keiran Patel (Dec 2017).

officercountryagestartendrole
Mrs Anika Mann-PatelUnited Kingdom41 years Dec 2017- Director
Mr Keiran PatelUnited Kingdom42 years Dec 2017- Director

P&L

January 2024

turnover

487.7k

+11%

operating profit

366.1k

0%

gross margin

70.7%

+0.02%

turnover

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

Balance Sheet

January 2024

net assets

-1.1m

+0.17%

total assets

3.7m

+0.01%

cash

49.5k

-0.57%

net assets

Total assets minus all liabilities

emerald city homes limited company details

company number

11115630

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

December 2017

age

8

incorporated

UK

ultimate parent company

None

accounts

Total Exemption Full

last accounts submitted

January 2024

previous names

N/A

accountant

-

auditor

-

address

278 northfield avenue, ealing, london, W5 4UB

Bank

-

Legal Advisor

-

emerald city 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 found 16 charges/mortgages relating to emerald city homes limited. Currently there are 9 open charges and 7 have been satisfied in the past.

emerald city 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 EMERALD CITY HOMES LIMITED. This can take several minutes, an email will notify you when this has completed.

emerald city homes limited Companies House Filings - See Documents

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