norfolk holiday rentals limited
norfolk holiday rentals limited Company Information
Company Number
11207145
Website
-Registered Address
17 coronation road, holt, NR25 6BT
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
01508520353
Next Accounts Due
September 2025
Group Structure
View All
Shareholders
james david price 50%
christopher price 50%
norfolk holiday rentals limited Estimated Valuation
Pomanda estimates the enterprise value of NORFOLK HOLIDAY RENTALS LIMITED at £1.8m based on a Turnover of £543.9k and 3.3x industry multiple (adjusted for size and gross margin).
norfolk holiday rentals limited Estimated Valuation
Pomanda estimates the enterprise value of NORFOLK HOLIDAY RENTALS LIMITED at £772.5k based on an EBITDA of £107.7k and a 7.17x industry multiple (adjusted for size and gross margin).
norfolk holiday rentals limited Estimated Valuation
Pomanda estimates the enterprise value of NORFOLK HOLIDAY RENTALS LIMITED at £223k based on Net Assets of £137.7k and 1.62x industry multiple (adjusted for liquidity).
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Norfolk Holiday Rentals Limited Overview
Norfolk Holiday Rentals Limited is a live company located in holt, NR25 6BT with a Companies House number of 11207145. It operates in the other letting and operating of own or leased real estate sector, SIC Code 68209. Founded in February 2018, it's largest shareholder is james david price with a 50% stake. Norfolk Holiday Rentals Limited is a young, small sized company, Pomanda has estimated its turnover at £543.9k with low growth in recent years.
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Norfolk Holiday Rentals Limited Health Check
Pomanda's financial health check has awarded Norfolk Holiday Rentals Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 4 areas for improvement. Company Health Check FAQs
4 Strong
3 Regular
4 Weak
Size
annual sales of £543.9k, make it smaller than the average company (£962k)
- Norfolk Holiday Rentals Limited
£962k - Industry AVG
Growth
3 year (CAGR) sales growth of 1%, show it is growing at a slower rate (3.1%)
- Norfolk Holiday Rentals Limited
3.1% - Industry AVG
Production
with a gross margin of 74.4%, this company has a comparable cost of product (74.4%)
- Norfolk Holiday Rentals Limited
74.4% - Industry AVG
Profitability
an operating margin of 15.1% make it less profitable than the average company (26.4%)
- Norfolk Holiday Rentals Limited
26.4% - Industry AVG
Employees
with 9 employees, this is above the industry average (4)
9 - Norfolk Holiday Rentals Limited
4 - Industry AVG
Pay Structure
on an average salary of £32.9k, the company has an equivalent pay structure (£32.9k)
- Norfolk Holiday Rentals Limited
£32.9k - Industry AVG
Efficiency
resulting in sales per employee of £60.4k, this is less efficient (£190.6k)
- Norfolk Holiday Rentals Limited
£190.6k - Industry AVG
Debtor Days
it gets paid by customers after 5 days, this is earlier than average (31 days)
- Norfolk Holiday Rentals Limited
31 days - Industry AVG
Creditor Days
its suppliers are paid after 53 days, this is slower than average (34 days)
- Norfolk Holiday Rentals Limited
34 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Norfolk Holiday Rentals Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 19 weeks, this is more cash available to meet short term requirements (12 weeks)
19 weeks - Norfolk Holiday Rentals Limited
12 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 72.6%, this is a similar level of debt than the average (68.4%)
72.6% - Norfolk Holiday Rentals Limited
68.4% - Industry AVG
NORFOLK HOLIDAY RENTALS LIMITED financials
Norfolk Holiday Rentals Limited's latest turnover from December 2023 is estimated at £543.9 thousand and the company has net assets of £137.7 thousand. According to their latest financial statements, Norfolk Holiday Rentals Limited has 9 employees and maintains cash reserves of £132.9 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | |
|---|---|---|---|---|---|---|
| Turnover | 128,870 | 71,886 | ||||
| Other Income Or Grants | ||||||
| Cost Of Sales | ||||||
| Gross Profit | ||||||
| Admin Expenses | ||||||
| Operating Profit | ||||||
| Interest Payable | 0 | 0 | ||||
| Interest Receivable | 0 | 0 | ||||
| Pre-Tax Profit | 1,716 | 12,490 | ||||
| Tax | -328 | -2,373 | ||||
| Profit After Tax | 1,388 | 10,117 | ||||
| Dividends Paid | 0 | 0 | ||||
| Retained Profit | 1,388 | 10,117 | ||||
| Employee Costs | 48,182 | 13,408 | ||||
| Number Of Employees | 9 | 8 | 4 | 3 | 2 | |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | |
|---|---|---|---|---|---|---|
| Tangible Assets | 235,856 | 87,380 | 75,327 | 0 | 0 | 0 |
| 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 | 235,856 | 87,380 | 75,327 | 0 | 0 | 0 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 8,795 | 1,166 | 10,991 | 69,306 | 23,866 | 39,628 |
| Group Debtors | 112,946 | 14,693 | 930 | 0 | 0 | 0 |
| Misc Debtors | 11,854 | 15,452 | 22,650 | 0 | 0 | 0 |
| Cash | 132,865 | 162,601 | 159,716 | 0 | 0 | 0 |
| misc current assets | 0 | 0 | 0 | 0 | 3,644 | 2,456 |
| total current assets | 266,460 | 193,912 | 194,287 | 69,306 | 27,510 | 42,084 |
| total assets | 502,316 | 281,292 | 269,614 | 69,306 | 27,510 | 42,084 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 20,548 | 21,540 | 11,985 | 43,771 | 15,668 | 29,180 |
| 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 | 330,683 | 177,562 | 180,648 | 0 | 0 | 0 |
| total current liabilities | 351,231 | 199,102 | 192,633 | 43,771 | 15,668 | 29,180 |
| 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 | 405 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 13,405 | 11,791 | 5,244 | 0 | 0 | 0 |
| total long term liabilities | 13,405 | 11,791 | 5,244 | 0 | 0 | 405 |
| total liabilities | 364,636 | 210,893 | 197,877 | 43,771 | 15,668 | 29,585 |
| net assets | 137,680 | 70,399 | 71,737 | 25,535 | 11,842 | 12,499 |
| total shareholders funds | 137,680 | 70,399 | 71,737 | 25,535 | 11,842 | 12,499 |
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | |
|---|---|---|---|---|---|---|
| Operating Activities | ||||||
| Operating Profit | ||||||
| Depreciation | 25,368 | 22,008 | 0 | 0 | 0 | |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | -328 | -2,373 | ||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 102,284 | -3,260 | -34,735 | 45,440 | -15,762 | 39,628 |
| Creditors | -992 | 9,555 | -31,786 | 28,103 | -13,512 | 29,180 |
| Accruals and Deferred Income | 153,121 | -3,086 | 180,648 | 0 | -405 | 405 |
| Deferred Taxes & Provisions | 1,614 | 6,547 | 5,244 | 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 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||
| interest | 0 | 0 | ||||
| cash flow from financing | -2,045 | 2,382 | ||||
| cash and cash equivalents | ||||||
| cash | -29,736 | 2,885 | 159,716 | 0 | 0 | 0 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -29,736 | 2,885 | 159,716 | 0 | 0 | 0 |
norfolk holiday rentals limited Credit Report and Business Information
Norfolk Holiday Rentals Limited Competitor Analysis
Perform a competitor analysis for norfolk holiday rentals limited by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other small companies, companies in NR25 area or any other competitors across 12 key performance metrics.
norfolk holiday rentals limited Ownership
NORFOLK HOLIDAY RENTALS LIMITED group structure
Norfolk Holiday Rentals Limited has no subsidiary companies.
Ultimate parent company
NORFOLK HOLIDAY RENTALS LIMITED
11207145
norfolk holiday rentals limited directors
Norfolk Holiday Rentals Limited currently has 2 directors. The longest serving directors include Mr Christopher Price (Feb 2018) and Mr James Price (Feb 2018).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Christopher Price | England | 34 years | Feb 2018 | - | Director |
| Mr James Price | England | 39 years | Feb 2018 | - | Director |
P&L
December 2023turnover
543.9k
+24%
operating profit
82.3k
0%
gross margin
74.4%
+5.32%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
137.7k
+0.96%
total assets
502.3k
+0.79%
cash
132.9k
-0.18%
net assets
Total assets minus all liabilities
norfolk holiday rentals limited company details
company number
11207145
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
February 2018
age
6
incorporated
UK
accounts
Total Exemption Full
ultimate parent company
previous names
N/A
last accounts submitted
December 2023
address
17 coronation road, holt, NR25 6BT
accountant
-
auditor
-
norfolk holiday rentals 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 norfolk holiday rentals limited.
norfolk holiday rentals limited Companies House Filings - See Documents
| date | description | view/download |
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