betterbuild homes limited
betterbuild homes limited Company Information
Company Number
11743879
Website
-Registered Address
lifecentral church, little cornbow, halesowen, B63 3AJ
Industry
Construction of domestic buildings
Telephone
-
Next Accounts Due
September 2024
Group Structure
View All
Directors
Nicholas Ellsmore5 Years
Shareholders
croft shareholders limited 100%
betterbuild homes limited Estimated Valuation
Pomanda estimates the enterprise value of BETTERBUILD HOMES LIMITED at £85.8k based on a Turnover of £299.4k and 0.29x industry multiple (adjusted for size and gross margin).
betterbuild homes limited Estimated Valuation
Pomanda estimates the enterprise value of BETTERBUILD HOMES LIMITED at £0 based on an EBITDA of £-16.7k and a 2.32x industry multiple (adjusted for size and gross margin).
betterbuild homes limited Estimated Valuation
Pomanda estimates the enterprise value of BETTERBUILD HOMES LIMITED at £0 based on Net Assets of £-23.9k and 1.26x industry multiple (adjusted for liquidity).
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Betterbuild Homes Limited Overview
Betterbuild Homes Limited is a live company located in halesowen, B63 3AJ with a Companies House number of 11743879. It operates in the construction of domestic buildings sector, SIC Code 41202. Founded in December 2018, it's largest shareholder is croft shareholders limited with a 100% stake. Betterbuild Homes Limited is a young, micro sized company, Pomanda has estimated its turnover at £299.4k with unknown growth in recent years.
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Betterbuild Homes Limited Health Check
Pomanda's financial health check has awarded Betterbuild Homes Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 6 areas for improvement. Company Health Check FAQs
3 Strong
1 Regular
6 Weak
Size
annual sales of £299.4k, make it smaller than the average company (£620.8k)
- Betterbuild Homes Limited
£620.8k - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Betterbuild Homes Limited
- - Industry AVG
Production
with a gross margin of 10.5%, this company has a higher cost of product (20.1%)
- Betterbuild Homes Limited
20.1% - Industry AVG
Profitability
an operating margin of -6.1% make it less profitable than the average company (7.3%)
- Betterbuild Homes Limited
7.3% - Industry AVG
Employees
with 1 employees, this is below the industry average (4)
1 - Betterbuild Homes Limited
4 - Industry AVG
Pay Structure
on an average salary of £44.5k, the company has an equivalent pay structure (£44.5k)
- Betterbuild Homes Limited
£44.5k - Industry AVG
Efficiency
resulting in sales per employee of £299.4k, this is more efficient (£226.6k)
- Betterbuild Homes Limited
£226.6k - Industry AVG
Debtor Days
it gets paid by customers after 147 days, this is later than average (24 days)
- Betterbuild Homes Limited
24 days - Industry AVG
Creditor Days
its suppliers are paid after 34 days, this is slower than average (28 days)
- Betterbuild Homes Limited
28 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Betterbuild Homes Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 130 weeks, this is more cash available to meet short term requirements (15 weeks)
130 weeks - Betterbuild Homes Limited
15 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 112.6%, this is a higher level of debt than the average (71.4%)
112.6% - Betterbuild Homes Limited
71.4% - Industry AVG
betterbuild homes limited Credit Report and Business Information
Betterbuild Homes Limited Competitor Analysis
Perform a competitor analysis for betterbuild homes limited by selecting its closest rivals and benchmarking them against 12 key performance metrics.
betterbuild homes limited Ownership
BETTERBUILD HOMES LIMITED group structure
Betterbuild Homes Limited has no subsidiary companies.
betterbuild homes limited directors
Betterbuild Homes Limited currently has 1 director, Mr Nicholas Ellsmore serving since Jan 2019.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Nicholas Ellsmore | England | 53 years | Jan 2019 | - | Director |
BETTERBUILD HOMES LIMITED financials
Betterbuild Homes Limited's latest turnover from December 2022 is estimated at £299.4 thousand and the company has net assets of -£23.9 thousand. According to their latest financial statements, Betterbuild Homes Limited has 1 employee and maintains cash reserves of £63.9 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 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 | 1 | 1 | ||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | |
|---|---|---|---|---|
| Tangible Assets | 4,664 | 6,218 | 8,290 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 10 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 4,664 | 6,218 | 8,290 | 10 |
| Stock & work in progress | 0 | 4,305 | 0 | 0 |
| Trade Debtors | 120,898 | 19,010 | 41,035 | 0 |
| Group Debtors | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 |
| Cash | 63,940 | 13,015 | 0 | 0 |
| misc current assets | 0 | 0 | 0 | 0 |
| total current assets | 184,838 | 36,330 | 41,035 | 0 |
| total assets | 189,502 | 42,548 | 49,325 | 10 |
| Bank overdraft | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 |
| Trade Creditors | 25,452 | 747 | 45 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 |
| other current liabilities | 0 | 0 | 0 | 0 |
| total current liabilities | 25,452 | 747 | 45 | 0 |
| loans | 17,917 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 |
| other liabilities | 170,000 | 47,929 | 50,000 | 0 |
| provisions | 0 | 0 | 0 | 0 |
| total long term liabilities | 187,917 | 47,929 | 50,000 | 0 |
| total liabilities | 213,369 | 48,676 | 50,045 | 0 |
| net assets | -23,867 | -6,128 | -720 | 10 |
| total shareholders funds | -23,867 | -6,128 | -720 | 10 |
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | |
|---|---|---|---|---|
| Operating Activities | ||||
| Operating Profit | ||||
| Depreciation | 1,554 | 0 | ||
| Amortisation | 0 | 0 | 0 | |
| Tax | ||||
| Stock | -4,305 | 4,305 | 0 | 0 |
| Debtors | 101,888 | -22,025 | 41,035 | 0 |
| Creditors | 24,705 | 702 | 45 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 |
| Cash flow from operations | ||||
| Investing Activities | ||||
| capital expenditure | ||||
| Change in Investments | 0 | 0 | -10 | 10 |
| cash flow from investments | ||||
| Financing Activities | ||||
| Bank loans | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 |
| Long term loans | 17,917 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 |
| other long term liabilities | 122,071 | -2,071 | 50,000 | 0 |
| share issue | ||||
| interest | ||||
| cash flow from financing | ||||
| cash and cash equivalents | ||||
| cash | 50,925 | 13,015 | 0 | 0 |
| overdraft | 0 | 0 | 0 | 0 |
| change in cash | 50,925 | 13,015 | 0 | 0 |
P&L
December 2022turnover
299.4k
+722%
operating profit
-18.2k
0%
gross margin
10.5%
+4.52%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2022net assets
-23.9k
+2.89%
total assets
189.5k
+3.45%
cash
63.9k
+3.91%
net assets
Total assets minus all liabilities
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betterbuild homes limited company details
company number
11743879
Type
Private limited with Share Capital
industry
41202 - Construction of domestic buildings
incorporation date
December 2018
age
6
accounts
Unaudited Abridged
ultimate parent company
previous names
N/A
incorporated
UK
address
lifecentral church, little cornbow, halesowen, B63 3AJ
last accounts submitted
December 2022
betterbuild homes 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 betterbuild homes limited.
betterbuild homes limited Companies House Filings - See Documents
| date | description | view/download |
|---|
