homes ahead limited
homes ahead limited Company Information
Company Number
11599602
Website
-Registered Address
rough way heath house road, woking, GU22 0QU
Industry
Buying and selling of own real estate
Telephone
-
Next Accounts Due
July 2025
Group Structure
View All
Shareholders
rashmi papneja 50%
sulabh mahant 50%
homes ahead limited Estimated Valuation
Pomanda estimates the enterprise value of HOMES AHEAD LIMITED at £244.5k based on a Turnover of £152.7k and 1.6x industry multiple (adjusted for size and gross margin).
homes ahead limited Estimated Valuation
Pomanda estimates the enterprise value of HOMES AHEAD LIMITED at £111.8k based on an EBITDA of £26.6k and a 4.21x industry multiple (adjusted for size and gross margin).
homes ahead limited Estimated Valuation
Pomanda estimates the enterprise value of HOMES AHEAD LIMITED at £109.2k based on Net Assets of £74.9k and 1.46x industry multiple (adjusted for liquidity).
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Homes Ahead Limited Overview
Homes Ahead Limited is a live company located in woking, GU22 0QU with a Companies House number of 11599602. It operates in the buying and selling of own real estate sector, SIC Code 68100. Founded in October 2018, it's largest shareholder is rashmi papneja with a 50% stake. Homes Ahead Limited is a young, micro sized company, Pomanda has estimated its turnover at £152.7k with rapid growth in recent years.
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Homes Ahead Limited Health Check
Pomanda's financial health check has awarded Homes Ahead Limited a 1.5 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
2 Strong
1 Regular
7 Weak
Size
annual sales of £152.7k, make it smaller than the average company (£856.5k)
- Homes Ahead Limited
£856.5k - Industry AVG
Growth
3 year (CAGR) sales growth of 63%, show it is growing at a faster rate (2.4%)
- Homes Ahead Limited
2.4% - Industry AVG
Production
with a gross margin of 26.2%, this company has a higher cost of product (69.2%)
- Homes Ahead Limited
69.2% - Industry AVG
Profitability
an operating margin of 17.4% make it less profitable than the average company (25.7%)
- Homes Ahead Limited
25.7% - Industry AVG
Employees
with 2 employees, this is below the industry average (4)
2 - Homes Ahead Limited
4 - Industry AVG
Pay Structure
on an average salary of £36.9k, the company has an equivalent pay structure (£36.9k)
- Homes Ahead Limited
£36.9k - Industry AVG
Efficiency
resulting in sales per employee of £76.4k, this is less efficient (£188k)
- Homes Ahead Limited
£188k - Industry AVG
Debtor Days
it gets paid by customers after 94 days, this is later than average (25 days)
- Homes Ahead Limited
25 days - Industry AVG
Creditor Days
its suppliers are paid after 167 days, this is slower than average (30 days)
- Homes Ahead Limited
30 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Homes Ahead Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Homes Ahead Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 97.4%, this is a higher level of debt than the average (64.9%)
97.4% - Homes Ahead Limited
64.9% - Industry AVG
HOMES AHEAD LIMITED financials
Homes Ahead Limited's latest turnover from October 2023 is estimated at £152.7 thousand and the company has net assets of £74.9 thousand. According to their latest financial statements, Homes Ahead Limited has 2 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Oct 2023 | Oct 2022 | Oct 2021 | Oct 2020 | Oct 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 | 2 | 2 | ||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Oct 2023 | Oct 2022 | Oct 2021 | Oct 2020 | Oct 2019 | |
|---|---|---|---|---|---|
| Tangible Assets | 2,890,610 | 1,190,112 | 1,200,810 | 244,171 | 231,924 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 2,890,610 | 1,190,112 | 1,200,810 | 244,171 | 231,924 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 39,646 | 121,965 | 76,926 | 8,619 | 9,142 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 | 12,500 |
| Cash | 0 | 0 | 0 | 0 | 0 |
| misc current assets | 0 | 0 | 0 | 0 | 0 |
| total current assets | 39,646 | 121,965 | 76,926 | 8,619 | 21,642 |
| total assets | 2,930,256 | 1,312,077 | 1,277,736 | 252,790 | 253,566 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 51,735 | 8,048 | 58,361 | 33,247 | 175,189 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 51,735 | 8,048 | 58,361 | 33,247 | 175,189 |
| loans | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 2,803,605 | 1,249,045 | 1,190,685 | 203,079 | 76,633 |
| provisions | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 2,803,605 | 1,249,045 | 1,190,685 | 203,079 | 76,633 |
| total liabilities | 2,855,340 | 1,257,093 | 1,249,046 | 236,326 | 251,822 |
| net assets | 74,916 | 54,984 | 28,690 | 16,464 | 1,744 |
| total shareholders funds | 74,916 | 54,984 | 28,690 | 16,464 | 1,744 |
| Oct 2023 | Oct 2022 | Oct 2021 | Oct 2020 | Oct 2019 | |
|---|---|---|---|---|---|
| Operating Activities | |||||
| Operating Profit | |||||
| Depreciation | |||||
| Amortisation | |||||
| Tax | |||||
| Stock | 0 | 0 | 0 | 0 | 0 |
| Debtors | -82,319 | 45,039 | 68,307 | -13,023 | 21,642 |
| Creditors | 43,687 | -50,313 | 25,114 | -141,942 | 175,189 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | |||||
| Investing Activities | |||||
| capital expenditure | |||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | |||||
| Financing Activities | |||||
| Bank loans | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 1,554,560 | 58,360 | 987,606 | 126,446 | 76,633 |
| share issue | |||||
| interest | |||||
| cash flow from financing | |||||
| cash and cash equivalents | |||||
| cash | 0 | 0 | 0 | 0 | 0 |
| overdraft | 0 | 0 | 0 | 0 | 0 |
| change in cash | 0 | 0 | 0 | 0 | 0 |
homes ahead limited Credit Report and Business Information
Homes Ahead Limited Competitor Analysis
Perform a competitor analysis for homes ahead limited by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other micro companies, companies in GU22 area or any other competitors across 12 key performance metrics.
homes ahead limited Ownership
HOMES AHEAD LIMITED group structure
Homes Ahead Limited has no subsidiary companies.
Ultimate parent company
HOMES AHEAD LIMITED
11599602
homes ahead limited directors
Homes Ahead Limited currently has 2 directors. The longest serving directors include Mrs Rashmi Papneja (Oct 2018) and Mr Sulabh Mahant (Oct 2018).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mrs Rashmi Papneja | England | 40 years | Oct 2018 | - | Director |
| Mr Sulabh Mahant | England | 42 years | Oct 2018 | - | Director |
P&L
October 2023turnover
152.7k
-54%
operating profit
26.6k
0%
gross margin
26.3%
-3.15%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
October 2023net assets
74.9k
+0.36%
total assets
2.9m
+1.23%
cash
0
0%
net assets
Total assets minus all liabilities
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homes ahead limited company details
company number
11599602
Type
Private limited with Share Capital
industry
68100 - Buying and selling of own real estate
incorporation date
October 2018
age
6
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
October 2023
previous names
N/A
accountant
SUPER FINANCIAL LIMITED
auditor
-
address
rough way heath house road, woking, GU22 0QU
Bank
-
Legal Advisor
-
homes ahead 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 found 4 charges/mortgages relating to homes ahead limited. Currently there are 4 open charges and 0 have been satisfied in the past.
homes ahead limited Companies House Filings - See Documents
| date | description | view/download |
|---|
