Pomanda estimates the enterprise value of HOME SURE SOLUTIONS LTD at £323.4k based on a Turnover of £351.7k and 0.92x industry multiple (adjusted for size and gross margin).
home sure solutions ltdEstimated Valuation
£40.9k
Pomanda estimates the enterprise value of HOME SURE SOLUTIONS LTD at £40.9k based on an EBITDA of £8k and a 5.14x industry multiple (adjusted for size and gross margin).
home sure solutions ltdEstimated Valuation
£158
Pomanda estimates the enterprise value of HOME SURE SOLUTIONS LTD at £158 based on Net Assets of £92 and 1.72x industry multiple (adjusted for liquidity).
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Home Sure Solutions LtdOverview
Home Sure Solutions Ltd is a live company located in west sussex, BN11 1TA with a Companies House number of 11389563. It operates in the activities of insurance agents and brokers sector, SIC Code 66220. Founded in May 2018, it's largest shareholder is
otis prior
with a 100% stake. Home Sure Solutions Ltd is a young,
micro sized company, Pomanda has estimated its turnover at
£351.7k with
declining
growth in recent years.
Pomanda's financial health check has awarded Home Sure Solutions Ltd a 2 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 6 areas for improvement. Company Health Check FAQs
Health Rating2out of 5
2 Strong
2 Regular
6 Weak
Size
annual sales of £351.7k, make it smaller than the average company (£2.6m)
£351.7k - Home Sure Solutions Ltd
£2.6m - Industry AVG
Growth
3 year (CAGR) sales growth of -5%, show it is growing at a slower rate (5.5%)
-5% - Home Sure Solutions Ltd
5.5% - Industry AVG
Production
with a gross margin of 96.2%, this company has a comparable cost of product (96.2%)
96.2% - Home Sure Solutions Ltd
96.2% - Industry AVG
Profitability
an operating margin of 2.1% make it less profitable than the average company (19.4%)
2.1% - Home Sure Solutions Ltd
19.4% - Industry AVG
Employees
with 5 employees, this is below the industry average (17)
5 - Home Sure Solutions Ltd
17 - Industry AVG
Pay Structure
on an average salary of £46.7k, the company has an equivalent pay structure (£46.7k)
£46.7k - Home Sure Solutions Ltd
£46.7k - Industry AVG
Efficiency
resulting in sales per employee of £70.3k, this is less efficient (£110.1k)
£70.3k - Home Sure Solutions Ltd
£110.1k - Industry AVG
Debtor Days
it gets paid by customers after 3 days, this is earlier than average (73 days)
3 days - Home Sure Solutions Ltd
73 days - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- - Home Sure Solutions Ltd
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Home Sure Solutions Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities
for 49 weeks, this is more cash available to meet short term requirements (36 weeks)
49 weeks - Home Sure Solutions Ltd
36 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 100%, this is a higher level of debt than the average (61.3%)
100% - Home Sure Solutions Ltd
61.3% - Industry AVG
HOME SURE SOLUTIONS LTD financials
EXPORT
Home Sure Solutions Ltd's latest turnover from May 2023 is estimated at £351.7 thousand and the company has net assets of £92. According to their latest financial statements, Home Sure Solutions Ltd has 5 employees and maintains cash reserves of £46.4 thousand as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
May 2023
May 2022
May 2021
May 2020
May 2019
Turnover
351,700
420,210
531,822
411,621
329,882
Other Income Or Grants
Cost Of Sales
13,396
28,535
57,665
43,029
40,477
Gross Profit
338,304
391,674
474,157
368,592
289,405
Admin Expenses
330,894
477,618
464,236
265,778
284,426
Operating Profit
7,410
-85,944
9,921
102,814
4,979
Interest Payable
14,154
4,973
232
257
Interest Receivable
1,922
698
137
86
Pre-Tax Profit
-4,823
-90,219
10,058
102,668
4,722
Tax
-1,911
-19,507
-897
Profit After Tax
-4,823
-90,219
8,147
83,161
3,825
Dividends Paid
Retained Profit
-4,823
-90,219
8,147
83,161
3,825
Employee Costs
233,609
290,601
405,451
282,744
224,417
Number Of Employees
5
6
8
6
5
EBITDA*
7,968
-85,386
12,001
104,429
4,979
* Earnings Before Interest, Tax, Depreciation and Amortisation
May 2023
May 2022
May 2021
May 2020
May 2019
Tangible Assets
1,208
1,766
2,324
1,614
3,229
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
1,208
1,766
2,324
1,614
3,229
Stock & work in progress
Trade Debtors
3,579
3,579
3,579
3,579
22,389
Group Debtors
Misc Debtors
124,379
230,635
129,851
19,662
Cash
46,390
39,020
100,555
172,893
misc current assets
364
total current assets
174,712
273,234
233,985
196,134
22,389
total assets
175,920
275,000
236,309
197,748
25,618
Bank overdraft
7,622
Bank loan
Trade Creditors
13,270
Group/Directors Accounts
19,662
other short term finances
hp & lease commitments
other current liabilities
48,304
128,002
141,174
91,099
900
total current liabilities
48,304
128,002
141,174
110,761
21,792
loans
127,523
142,082
hp & lease commitments
Accruals and Deferred Income
other liabilities
1
1
1
provisions
total long term liabilities
127,524
142,083
1
total liabilities
175,828
270,085
141,175
110,761
21,792
net assets
92
4,915
95,134
86,987
3,826
total shareholders funds
92
4,915
95,134
86,987
3,826
May 2023
May 2022
May 2021
May 2020
May 2019
Operating Activities
Operating Profit
7,410
-85,944
9,921
102,814
4,979
Depreciation
558
558
2,080
1,615
Amortisation
Tax
-1,911
-19,507
-897
Stock
Debtors
-106,256
100,784
110,189
852
22,389
Creditors
-13,270
13,270
Accruals and Deferred Income
-79,698
-13,172
50,075
90,199
900
Deferred Taxes & Provisions
Cash flow from operations
34,526
-199,342
-50,024
160,999
-4,137
Investing Activities
capital expenditure
-2,790
-3,229
Change in Investments
cash flow from investments
-2,790
-3,229
Financing Activities
Bank loans
Group/Directors Accounts
-19,662
19,662
Other Short Term Loans
Long term loans
-14,559
142,082
Hire Purchase and Lease Commitments
other long term liabilities
1
share issue
1
interest
-12,232
-4,275
137
-146
-257
cash flow from financing
-26,791
137,807
-19,524
19,516
-256
cash and cash equivalents
cash
7,370
-61,535
-72,338
172,893
overdraft
-7,622
7,622
change in cash
7,370
-61,535
-72,338
180,515
-7,622
home sure solutions ltd Credit Report and Business Information
Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
Get a comprehensive credit check for home sure solutions ltd. Get real-time insights into home sure solutions ltd's credit score, group structure and payment trends.
Perform a competitor analysis for home sure solutions ltd by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other micro companies, companies in BN11 area or any other competitors across 12 key performance metrics.
home sure solutions ltd Ownership
HOME SURE SOLUTIONS LTD group structure
Home Sure Solutions Ltd has no subsidiary companies.
Ultimate parent company
HOME SURE SOLUTIONS LTD
11389563
HOME SURE SOLUTIONS LTD Shareholders
The sole shareholder of Home Sure Solutions Ltd is Otis Prior.
otis prior
100%
home sure solutions ltd directors
Home Sure Solutions Ltd currently has 1 director, Mr Otis Prior serving since May 2018.
66220 - Activities of insurance agents and brokers
incorporation date
May 2018
age
7
incorporated
UK
ultimate parent company
None
accounts
Total Exemption Full
last accounts submitted
May 2023
previous names
N/A
accountant
KMG ACCOUNTANCY LTD
auditor
-
address
1 liverpool terrace, worthing, west sussex, BN11 1TA
Bank
-
Legal Advisor
-
home sure solutions 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 found 1 charges/mortgages relating to home sure solutions ltd. Currently there are 1 open charges and 0 have been satisfied in the past.
home sure solutions 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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home sure solutions ltdCompanies House Filings - See Documents
