fairhome assurance and support limited
fairhome assurance and support limited Company Information
Company Number
11194465
Next Accounts
Apr 2025
Shareholders
fairhome group limited
Group Structure
View All
Industry
General public administration activities
Registered Address
quays reach, 16 carolina way, salford, M50 2ZY
fairhome assurance and support limited Estimated Valuation
Pomanda estimates the enterprise value of FAIRHOME ASSURANCE AND SUPPORT LIMITED at £283.4k based on a Turnover of £222.7k and 1.27x industry multiple (adjusted for size and gross margin).
fairhome assurance and support limited Estimated Valuation
Pomanda estimates the enterprise value of FAIRHOME ASSURANCE AND SUPPORT LIMITED at £0 based on an EBITDA of £-296 and a 8.46x industry multiple (adjusted for size and gross margin).
fairhome assurance and support limited Estimated Valuation
Pomanda estimates the enterprise value of FAIRHOME ASSURANCE AND SUPPORT LIMITED at £0 based on Net Assets of £-126k and 2.35x industry multiple (adjusted for liquidity).
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Fairhome Assurance And Support Limited Overview
Fairhome Assurance And Support Limited is a live company located in salford, M50 2ZY with a Companies House number of 11194465. It operates in the general public administration activities sector, SIC Code 84110. Founded in February 2018, it's largest shareholder is fairhome group limited with a 100% stake. Fairhome Assurance And Support Limited is a young, micro sized company, Pomanda has estimated its turnover at £222.7k with unknown growth in recent years.
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Fairhome Assurance And Support Limited Health Check
Pomanda's financial health check has awarded Fairhome Assurance And Support Limited a 1 rating. We use a traffic light system to show it exceeds the industry average on 0 measures and has 3 areas for improvement. Company Health Check FAQs
0 Strong
3 Regular
3 Weak
Size
annual sales of £222.7k, make it smaller than the average company (£1.3m)
- Fairhome Assurance And Support Limited
£1.3m - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Fairhome Assurance And Support Limited
- - Industry AVG
Production
with a gross margin of 28.9%, this company has a comparable cost of product (28.9%)
- Fairhome Assurance And Support Limited
28.9% - Industry AVG
Profitability
an operating margin of -0.1% make it less profitable than the average company (2.4%)
- Fairhome Assurance And Support Limited
2.4% - Industry AVG
Employees
with 3 employees, this is below the industry average (19)
3 - Fairhome Assurance And Support Limited
19 - Industry AVG
Pay Structure
on an average salary of £37k, the company has an equivalent pay structure (£37k)
- Fairhome Assurance And Support Limited
£37k - Industry AVG
Efficiency
resulting in sales per employee of £74.2k, this is equally as efficient (£74.2k)
- Fairhome Assurance And Support Limited
£74.2k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Fairhome Assurance And Support Limited
- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- Fairhome Assurance And Support Limited
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Fairhome Assurance And Support Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Fairhome Assurance And Support Limited
- - Industry AVG
Debt Level
There is insufficient data available for this Key Performance Indicator!
- - Fairhome Assurance And Support Limited
- - Industry AVG
FAIRHOME ASSURANCE AND SUPPORT LIMITED financials
Fairhome Assurance And Support Limited's latest turnover from July 2023 is estimated at £222.7 thousand and the company has net assets of -£126 thousand. According to their latest financial statements, Fairhome Assurance And Support Limited has 3 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jul 2023 | Jul 2022 | Jul 2021 | Jul 2020 | Jul 2019 | Jul 2018 | |
|---|---|---|---|---|---|---|
| Turnover | 212,798 | |||||
| Other Income Or Grants | ||||||
| Cost Of Sales | ||||||
| Gross Profit | 212,798 | |||||
| Admin Expenses | 205 | 296,694 | ||||
| Operating Profit | -581 | -205 | -83,896 | -41,007 | ||
| Interest Payable | ||||||
| Interest Receivable | 23 | 65 | ||||
| Pre-Tax Profit | -581 | -182 | -83,831 | -41,007 | ||
| Tax | ||||||
| Profit After Tax | -581 | -182 | -83,831 | -41,007 | ||
| Dividends Paid | ||||||
| Retained Profit | -581 | -182 | -83,831 | -41,007 | ||
| Employee Costs | ||||||
| Number Of Employees | 3 | 2 | 2 | 3 | ||
| EBITDA* | -581 | -205 | -83,896 | -41,007 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jul 2023 | Jul 2022 | Jul 2021 | Jul 2020 | Jul 2019 | Jul 2018 | |
|---|---|---|---|---|---|---|
| Tangible Assets | ||||||
| Intangible Assets | ||||||
| Investments & Other | ||||||
| Debtors (Due After 1 year) | ||||||
| Total Fixed Assets | ||||||
| Stock & work in progress | ||||||
| Trade Debtors | ||||||
| Group Debtors | ||||||
| Misc Debtors | 42,559 | 2,403 | ||||
| Cash | 289 | 4,499 | 5,080 | 81,740 | 163,139 | |
| misc current assets | ||||||
| total current assets | 289 | 4,499 | 5,080 | 124,299 | 165,542 | |
| total assets | 289 | 4,499 | 5,080 | 124,299 | 165,542 | |
| Bank overdraft | ||||||
| Bank loan | ||||||
| Trade Creditors | 6,449 | |||||
| Group/Directors Accounts | 126,000 | 126,000 | 130,000 | 130,000 | 206,478 | 200,000 |
| other short term finances | ||||||
| hp & lease commitments | ||||||
| other current liabilities | 42,560 | |||||
| total current liabilities | 126,000 | 126,000 | 130,000 | 130,000 | 249,038 | 206,449 |
| loans | ||||||
| hp & lease commitments | ||||||
| Accruals and Deferred Income | ||||||
| other liabilities | ||||||
| provisions | ||||||
| total long term liabilities | ||||||
| total liabilities | 126,000 | 126,000 | 130,000 | 130,000 | 249,038 | 206,449 |
| net assets | -126,000 | -125,711 | -125,501 | -124,920 | -124,739 | -40,907 |
| total shareholders funds | -126,000 | -125,711 | -125,501 | -124,920 | -124,739 | -40,907 |
| Jul 2023 | Jul 2022 | Jul 2021 | Jul 2020 | Jul 2019 | Jul 2018 | |
|---|---|---|---|---|---|---|
| Operating Activities | ||||||
| Operating Profit | -581 | -205 | -83,896 | -41,007 | ||
| Depreciation | ||||||
| Amortisation | ||||||
| Tax | ||||||
| Stock | ||||||
| Debtors | -42,559 | 40,156 | 2,403 | |||
| Creditors | -6,449 | 6,449 | ||||
| Accruals and Deferred Income | -42,560 | 42,560 | ||||
| Deferred Taxes & Provisions | ||||||
| Cash flow from operations | -581 | -206 | -87,941 | -36,961 | ||
| Investing Activities | ||||||
| capital expenditure | ||||||
| Change in Investments | ||||||
| cash flow from investments | ||||||
| Financing Activities | ||||||
| Bank loans | ||||||
| Group/Directors Accounts | -4,000 | -76,478 | 6,478 | 200,000 | ||
| Other Short Term Loans | ||||||
| Long term loans | ||||||
| Hire Purchase and Lease Commitments | ||||||
| other long term liabilities | ||||||
| share issue | ||||||
| interest | 23 | 65 | ||||
| cash flow from financing | -76,454 | 6,542 | 200,100 | |||
| cash and cash equivalents | ||||||
| cash | -289 | -4,210 | -581 | -76,660 | -81,399 | 163,139 |
| overdraft | ||||||
| change in cash | -289 | -4,210 | -581 | -76,660 | -81,399 | 163,139 |
fairhome assurance and support limited Credit Report and Business Information
Fairhome Assurance And Support Limited Competitor Analysis
Perform a competitor analysis for fairhome assurance and support limited by selecting its closest rivals, whether from the PUBLIC ADMINISTRATION AND DEFENCE; COMPULSORY SOCIAL SECURITY sector, other micro companies, companies in M50 area or any other competitors across 12 key performance metrics.
fairhome assurance and support limited Ownership
FAIRHOME ASSURANCE AND SUPPORT LIMITED group structure
Fairhome Assurance And Support Limited has no subsidiary companies.
Ultimate parent company
2 parents
FAIRHOME ASSURANCE AND SUPPORT LIMITED
11194465
fairhome assurance and support limited directors
Fairhome Assurance And Support Limited currently has 2 directors. The longest serving directors include Mr John Russell (Feb 2018) and Mr James Mellor (Mar 2022).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr John Russell | England | 60 years | Feb 2018 | - | Director |
| Mr James Mellor | England | 54 years | Mar 2022 | - | Director |
P&L
July 2023turnover
222.7k
+64%
operating profit
-296.2
0%
gross margin
28.9%
+6.44%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
July 2023net assets
-126k
0%
total assets
0
-1%
cash
0
-1%
net assets
Total assets minus all liabilities
fairhome assurance and support limited company details
company number
11194465
Type
Private limited with Share Capital
industry
84110 - General public administration activities
incorporation date
February 2018
age
7
incorporated
UK
ultimate parent company
accounts
Small Company
last accounts submitted
July 2023
previous names
N/A
accountant
CROWE UK LLP
auditor
-
address
quays reach, 16 carolina way, salford, M50 2ZY
Bank
-
Legal Advisor
-
fairhome assurance and support 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 fairhome assurance and support limited.
fairhome assurance and support 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 FAIRHOME ASSURANCE AND SUPPORT LIMITED. This can take several minutes, an email will notify you when this has completed.
fairhome assurance and support limited Companies House Filings - See Documents
| date | description | view/download |
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