harrington homes (lifton) ltd
harrington homes (lifton) ltd Company Information
Company Number
11525048
Next Accounts
Mar 2026
Shareholders
harrington homes (sw) limited
consort property trading limited
Group Structure
View All
Industry
Construction of domestic buildings
Registered Address
orchard house clyst st. mary, exeter, devon, EX5 1BR
Website
harrington-homes.co.ukharrington homes (lifton) ltd Estimated Valuation
Pomanda estimates the enterprise value of HARRINGTON HOMES (LIFTON) LTD at £1.9m based on a Turnover of £6.3m and 0.31x industry multiple (adjusted for size and gross margin).
harrington homes (lifton) ltd Estimated Valuation
Pomanda estimates the enterprise value of HARRINGTON HOMES (LIFTON) LTD at £484.3k based on an EBITDA of £176.1k and a 2.75x industry multiple (adjusted for size and gross margin).
harrington homes (lifton) ltd Estimated Valuation
Pomanda estimates the enterprise value of HARRINGTON HOMES (LIFTON) LTD at £0 based on Net Assets of £-2.1m and 1.34x industry multiple (adjusted for liquidity).
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Harrington Homes (lifton) Ltd Overview
Harrington Homes (lifton) Ltd is a live company located in devon, EX5 1BR with a Companies House number of 11525048. It operates in the construction of domestic buildings sector, SIC Code 41202. Founded in August 2018, it's largest shareholder is harrington homes (sw) limited with a 50% stake. Harrington Homes (lifton) Ltd is a young, mid sized company, Pomanda has estimated its turnover at £6.3m with rapid growth in recent years.
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Harrington Homes (lifton) Ltd Health Check
Pomanda's financial health check has awarded Harrington Homes (Lifton) Ltd a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 4 areas for improvement. Company Health Check FAQs
5 Strong
1 Regular
4 Weak
Size
annual sales of £6.3m, make it larger than the average company (£385k)
- Harrington Homes (lifton) Ltd
£385k - Industry AVG
Growth
3 year (CAGR) sales growth of 95%, show it is growing at a faster rate (9.4%)
- Harrington Homes (lifton) Ltd
9.4% - Industry AVG
Production
with a gross margin of 9.7%, this company has a higher cost of product (19.6%)
- Harrington Homes (lifton) Ltd
19.6% - Industry AVG
Profitability
an operating margin of 2.8% make it less profitable than the average company (4.4%)
- Harrington Homes (lifton) Ltd
4.4% - Industry AVG
Employees
with 12 employees, this is above the industry average (3)
- Harrington Homes (lifton) Ltd
3 - Industry AVG
Pay Structure
on an average salary of £42.8k, the company has an equivalent pay structure (£42.8k)
- Harrington Homes (lifton) Ltd
£42.8k - Industry AVG
Efficiency
resulting in sales per employee of £528.3k, this is more efficient (£179.9k)
- Harrington Homes (lifton) Ltd
£179.9k - Industry AVG
Debtor Days
it gets paid by customers after 56 days, this is later than average (24 days)
- Harrington Homes (lifton) Ltd
24 days - Industry AVG
Creditor Days
its suppliers are paid after 74 days, this is slower than average (30 days)
- Harrington Homes (lifton) Ltd
30 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Harrington Homes (lifton) Ltd
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Harrington Homes (lifton) Ltd
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 189.5%, this is a higher level of debt than the average (70.3%)
189.5% - Harrington Homes (lifton) Ltd
70.3% - Industry AVG
HARRINGTON HOMES (LIFTON) LTD financials
Harrington Homes (Lifton) Ltd's latest turnover from June 2024 is estimated at £6.3 million and the company has net assets of -£2.1 million. According to their latest financial statements, we estimate that Harrington Homes (Lifton) Ltd has 12 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jun 2024 | Aug 2023 | Aug 2022 | Aug 2021 | Aug 2020 | Aug 2019 | |
|---|---|---|---|---|---|---|
| Turnover | ||||||
| Other Income Or Grants | ||||||
| Cost Of Sales | ||||||
| Gross Profit | ||||||
| Admin Expenses | ||||||
| Operating Profit | ||||||
| Interest Payable | ||||||
| Interest Receivable | ||||||
| Pre-Tax Profit | ||||||
| Tax | ||||||
| Profit After Tax | ||||||
| Dividends Paid | ||||||
| Retained Profit | ||||||
| Employee Costs | ||||||
| Number Of Employees | 2 | 3 | 3 | 3 | ||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jun 2024 | Aug 2023 | Aug 2022 | Aug 2021 | Aug 2020 | Aug 2019 | |
|---|---|---|---|---|---|---|
| Tangible Assets | ||||||
| Intangible Assets | ||||||
| Investments & Other | ||||||
| Debtors (Due After 1 year) | ||||||
| Total Fixed Assets | ||||||
| Stock & work in progress | 4,407,311 | 3,037,980 | ||||
| Trade Debtors | 983,742 | 1,105,424 | 238,680 | 191,791 | ||
| Group Debtors | 125,159 | 43,004 | ||||
| Misc Debtors | 1,344,818 | 1,344,818 | 2,987 | 60 | ||
| Cash | 582 | 457 | ||||
| misc current assets | ||||||
| total current assets | 2,328,560 | 2,450,242 | 4,536,039 | 3,081,501 | 238,680 | 191,791 |
| total assets | 2,328,560 | 2,450,242 | 4,536,039 | 3,081,501 | 238,680 | 191,791 |
| Bank overdraft | 2,587,317 | 10,000 | ||||
| Bank loan | ||||||
| Trade Creditors | 1,169,604 | 1,171,349 | 3,111 | |||
| Group/Directors Accounts | 1,613,502 | 19,500 | ||||
| other short term finances | ||||||
| hp & lease commitments | ||||||
| other current liabilities | 300,826 | 56,000 | ||||
| total current liabilities | 1,169,604 | 1,171,349 | 4,501,645 | 85,500 | 3,111 | |
| loans | 28,733 | 2,162,321 | ||||
| hp & lease commitments | ||||||
| Accruals and Deferred Income | 3,232,048 | 3,475,727 | ||||
| other liabilities | 10,400 | 18,719 | 833,580 | 238,580 | 188,580 | |
| provisions | ||||||
| total long term liabilities | 3,242,448 | 3,494,446 | 28,733 | 2,995,901 | 238,580 | 188,580 |
| total liabilities | 4,412,052 | 4,665,795 | 4,530,378 | 3,081,401 | 238,580 | 191,691 |
| net assets | -2,083,492 | -2,215,553 | 5,661 | 100 | 100 | 100 |
| total shareholders funds | -2,083,492 | -2,215,553 | 5,661 | 100 | 100 | 100 |
| Jun 2024 | Aug 2023 | Aug 2022 | Aug 2021 | Aug 2020 | Aug 2019 | |
|---|---|---|---|---|---|---|
| Operating Activities | ||||||
| Operating Profit | ||||||
| Depreciation | ||||||
| Amortisation | ||||||
| Tax | ||||||
| Stock | -4,407,311 | 1,369,331 | 3,037,980 | |||
| Debtors | -121,682 | 2,322,096 | 85,082 | -195,616 | 46,889 | 191,791 |
| Creditors | -1,745 | 1,171,349 | -3,111 | 3,111 | ||
| Accruals and Deferred Income | -243,679 | 3,174,901 | 244,826 | 56,000 | ||
| Deferred Taxes & Provisions | ||||||
| Cash flow from operations | ||||||
| Investing Activities | ||||||
| capital expenditure | ||||||
| Change in Investments | ||||||
| cash flow from investments | ||||||
| Financing Activities | ||||||
| Bank loans | ||||||
| Group/Directors Accounts | -1,613,502 | 1,594,002 | 19,500 | |||
| Other Short Term Loans | ||||||
| Long term loans | -28,733 | -2,133,588 | 2,162,321 | |||
| Hire Purchase and Lease Commitments | ||||||
| other long term liabilities | -8,319 | 18,719 | -833,580 | 595,000 | 50,000 | 188,580 |
| share issue | ||||||
| interest | ||||||
| cash flow from financing | ||||||
| cash and cash equivalents | ||||||
| cash | -582 | 125 | 457 | |||
| overdraft | -2,587,317 | 2,577,317 | 10,000 | |||
| change in cash | 2,586,735 | -2,577,192 | -9,543 |
harrington homes (lifton) ltd Credit Report and Business Information
Harrington Homes (lifton) Ltd Competitor Analysis
Perform a competitor analysis for harrington homes (lifton) ltd by selecting its closest rivals, whether from the CONSTRUCTION sector, other mid companies, companies in EX5 area or any other competitors across 12 key performance metrics.
harrington homes (lifton) ltd Ownership
HARRINGTON HOMES (LIFTON) LTD group structure
Harrington Homes (Lifton) Ltd has no subsidiary companies.
Ultimate parent company
HARRINGTON HOMES (LIFTON) LTD
11525048
harrington homes (lifton) ltd directors
Harrington Homes (Lifton) Ltd currently has 2 directors. The longest serving directors include Mr Gareth Hughes (Aug 2018) and Mr Max Ashton (Apr 2019).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Gareth Hughes | 40 years | Aug 2018 | - | Director | |
| Mr Max Ashton | England | 63 years | Apr 2019 | - | Director |
P&L
June 2024turnover
6.3m
+8%
operating profit
176.1k
0%
gross margin
9.8%
-4.61%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
June 2024net assets
-2.1m
-0.06%
total assets
2.3m
-0.05%
cash
0
0%
net assets
Total assets minus all liabilities
harrington homes (lifton) ltd company details
company number
11525048
Type
Private limited with Share Capital
industry
41202 - Construction of domestic buildings
incorporation date
August 2018
age
7
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
June 2024
previous names
N/A
accountant
THE FRESH ACCOUNTANCY COMPANY LIMITED
auditor
-
address
orchard house clyst st. mary, exeter, devon, EX5 1BR
Bank
-
Legal Advisor
-
harrington homes (lifton) 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 2 charges/mortgages relating to harrington homes (lifton) ltd. Currently there are 0 open charges and 2 have been satisfied in the past.
harrington homes (lifton) 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.
Click to start generating capital raising & share issue transactions for HARRINGTON HOMES (LIFTON) LTD. This can take several minutes, an email will notify you when this has completed.
harrington homes (lifton) ltd Companies House Filings - See Documents
| date | description | view/download |
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