platinum homes developments limited

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platinum homes developments limited Company Information

Share PLATINUM HOMES DEVELOPMENTS LIMITED

Company Number

11286145

Directors

Nazima Omar

Shareholders

ossama adam mussa omar

Group Structure

View All

Industry

Other building completion and finishing

 

Registered Address

155 loughborough road, leicester, LE4 5LR

platinum homes developments limited Estimated Valuation

£62.6k

Pomanda estimates the enterprise value of PLATINUM HOMES DEVELOPMENTS LIMITED at £62.6k based on a Turnover of £240.8k and 0.26x industry multiple (adjusted for size and gross margin).

platinum homes developments limited Estimated Valuation

£0

Pomanda estimates the enterprise value of PLATINUM HOMES DEVELOPMENTS LIMITED at £0 based on an EBITDA of £-17.5k and a 2.55x industry multiple (adjusted for size and gross margin).

platinum homes developments limited Estimated Valuation

£15.1k

Pomanda estimates the enterprise value of PLATINUM HOMES DEVELOPMENTS LIMITED at £15.1k based on Net Assets of £6.5k and 2.31x industry multiple (adjusted for liquidity).

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Platinum Homes Developments Limited Overview

Platinum Homes Developments Limited is a live company located in leicester, LE4 5LR with a Companies House number of 11286145. It operates in the other building completion and finishing sector, SIC Code 43390. Founded in April 2018, it's largest shareholder is ossama adam mussa omar with a 100% stake. Platinum Homes Developments Limited is a young, micro sized company, Pomanda has estimated its turnover at £240.8k with declining growth in recent years.

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Platinum Homes Developments Limited Health Check

Pomanda's financial health check has awarded Platinum Homes Developments Limited a 2 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

Health Check Image
Health Rating2out of 5
positive_score

2 Strong

positive_score

1 Regular

positive_score

7 Weak

size

Size

annual sales of £240.8k, make it smaller than the average company (£322.8k)

£240.8k - Platinum Homes Developments Limited

£322.8k - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -14%, show it is growing at a slower rate (8.8%)

-14% - Platinum Homes Developments Limited

8.8% - Industry AVG

production

Production

with a gross margin of 14.8%, this company has a higher cost of product (25.5%)

14.8% - Platinum Homes Developments Limited

25.5% - Industry AVG

profitability

Profitability

an operating margin of -7.3% make it less profitable than the average company (6.8%)

-7.3% - Platinum Homes Developments Limited

6.8% - Industry AVG

employees

Employees

with 1 employees, this is below the industry average (3)

1 - Platinum Homes Developments Limited

3 - Industry AVG

paystructure

Pay Structure

on an average salary of £29.9k, the company has an equivalent pay structure (£29.9k)

£29.9k - Platinum Homes Developments Limited

£29.9k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £240.8k, this is more efficient (£123.2k)

£240.8k - Platinum Homes Developments Limited

£123.2k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 81 days, this is later than average (49 days)

81 days - Platinum Homes Developments Limited

49 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 102 days, this is slower than average (29 days)

102 days - Platinum Homes Developments Limited

29 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Platinum Homes Developments Limited

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - Platinum Homes Developments Limited

- - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 89.9%, this is a higher level of debt than the average (73.9%)

89.9% - Platinum Homes Developments Limited

73.9% - Industry AVG

PLATINUM HOMES DEVELOPMENTS LIMITED financials

EXPORTms excel logo

Platinum Homes Developments Limited's latest turnover from October 2023 is estimated at £240.8 thousand and the company has net assets of £6.5 thousand. According to their latest financial statements, Platinum Homes Developments Limited has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Oct 2023Oct 2022Oct 2021Oct 2020Apr 2019
Turnover240,791235,993421,709382,83767,972
Other Income Or Grants
Cost Of Sales205,270200,840357,953316,92855,607
Gross Profit35,52135,15463,75765,91012,366
Admin Expenses53,030-44,26269,73397,25915,352
Operating Profit-17,50979,416-5,976-31,349-2,986
Interest Payable
Interest Receivable
Pre-Tax Profit-17,50979,416-5,976-31,349-2,986
Tax-15,089
Profit After Tax-17,50964,327-5,976-31,349-2,986
Dividends Paid
Retained Profit-17,50964,327-5,976-31,349-2,986
Employee Costs29,88633,79431,99632,35035,103
Number Of Employees11111
EBITDA*-17,50979,416-5,976-31,349-2,986

* Earnings Before Interest, Tax, Depreciation and Amortisation

Oct 2023Oct 2022Oct 2021Oct 2020Apr 2019
Tangible Assets10,15312,6749,10011,6392,100
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets10,15312,6749,10011,6392,100
Stock & work in progress
Trade Debtors53,99565,99890,811113,09112,934
Group Debtors
Misc Debtors
Cash
misc current assets
total current assets53,99565,99890,811113,09112,934
total assets64,14878,67299,911124,73015,034
Bank overdraft
Bank loan
Trade Creditors 57,64154,656140,22218,020
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
total current liabilities57,64154,656140,22218,020
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities159,065
provisions
total long term liabilities159,065
total liabilities57,64154,656140,222159,06518,020
net assets6,50724,016-40,311-34,335-2,986
total shareholders funds6,50724,016-40,311-34,335-2,986
Oct 2023Oct 2022Oct 2021Oct 2020Apr 2019
Operating Activities
Operating Profit-17,50979,416-5,976-31,349-2,986
Depreciation
Amortisation
Tax-15,089
Stock
Debtors-12,003-24,813-22,280100,15712,934
Creditors2,985-85,566140,222-18,02018,020
Accruals and Deferred Income
Deferred Taxes & Provisions
Cash flow from operations-2,5213,574156,526-149,5262,100
Investing Activities
capital expenditure2,521-3,5742,539-9,539-2,100
Change in Investments
cash flow from investments2,521-3,5742,539-9,539-2,100
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities-159,065159,065
share issue
interest
cash flow from financing-159,065159,065
cash and cash equivalents
cash
overdraft
change in cash

platinum homes developments 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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Platinum Homes Developments Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for platinum homes developments limited by selecting its closest rivals, whether from the CONSTRUCTION sector, other micro companies, companies in LE4 area or any other competitors across 12 key performance metrics.

platinum homes developments limited Ownership

PLATINUM HOMES DEVELOPMENTS LIMITED group structure

Platinum Homes Developments Limited has no subsidiary companies.

Ultimate parent company

PLATINUM HOMES DEVELOPMENTS LIMITED

11286145

PLATINUM HOMES DEVELOPMENTS LIMITED Shareholders

ossama adam mussa omar 100%

platinum homes developments limited directors

Platinum Homes Developments Limited currently has 1 director, Mrs Nazima Omar serving since May 2023.

officercountryagestartendrole
Mrs Nazima OmarEngland36 years May 2023- Director

P&L

October 2023

turnover

240.8k

+2%

operating profit

-17.5k

0%

gross margin

14.8%

-0.97%

turnover

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

Balance Sheet

October 2023

net assets

6.5k

-0.73%

total assets

64.1k

-0.18%

cash

0

0%

net assets

Total assets minus all liabilities

platinum homes developments limited company details

company number

11286145

Type

Private limited with Share Capital

industry

43390 - Other building completion and finishing

incorporation date

April 2018

age

7

incorporated

UK

ultimate parent company

None

accounts

Micro-Entity Accounts

last accounts submitted

October 2023

previous names

N/A

accountant

-

auditor

-

address

155 loughborough road, leicester, LE4 5LR

Bank

-

Legal Advisor

-

platinum homes developments 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 platinum homes developments limited.

platinum homes developments 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.

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platinum homes developments limited Companies House Filings - See Documents

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