fairview new homes (epping forest) no.1 limited
fairview new homes (epping forest) no.1 limited Company Information
Company Number
11883667
Website
www.fairviewnewhomes.co.ukRegistered Address
50 lancaster road, enfield, middlesex, EN2 0BY
Industry
Development of building projects
Telephone
442080237092
Next Accounts Due
September 2024
Group Structure
View All
Shareholders
fairview new homes limited 80%
gerald anthony malton 9.5%
View Allfairview new homes (epping forest) no.1 limited Estimated Valuation
Pomanda estimates the enterprise value of FAIRVIEW NEW HOMES (EPPING FOREST) NO.1 LIMITED at £1.2m based on a Turnover of £3.7m and 0.34x industry multiple (adjusted for size and gross margin).
fairview new homes (epping forest) no.1 limited Estimated Valuation
Pomanda estimates the enterprise value of FAIRVIEW NEW HOMES (EPPING FOREST) NO.1 LIMITED at £0 based on an EBITDA of £-983k and a 2.66x industry multiple (adjusted for size and gross margin).
fairview new homes (epping forest) no.1 limited Estimated Valuation
Pomanda estimates the enterprise value of FAIRVIEW NEW HOMES (EPPING FOREST) NO.1 LIMITED at £22.2m based on Net Assets of £16.7m and 1.33x industry multiple (adjusted for liquidity).
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Fairview New Homes (epping Forest) No.1 Limited Overview
Fairview New Homes (epping Forest) No.1 Limited is a live company located in middlesex, EN2 0BY with a Companies House number of 11883667. It operates in the development of building projects sector, SIC Code 41100. Founded in March 2019, it's largest shareholder is fairview new homes limited with a 80% stake. Fairview New Homes (epping Forest) No.1 Limited is a young, small sized company, Pomanda has estimated its turnover at £3.7m with unknown growth in recent years.
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Fairview New Homes (epping Forest) No.1 Limited Health Check
Pomanda's financial health check has awarded Fairview New Homes (Epping Forest) No.1 Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 3 areas for improvement. Company Health Check FAQs
4 Strong
1 Regular
3 Weak
Size
annual sales of £3.7m, make it larger than the average company (£2.3m)
£3.7m - Fairview New Homes (epping Forest) No.1 Limited
£2.3m - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Fairview New Homes (epping Forest) No.1 Limited
- - Industry AVG
Production
with a gross margin of 9.4%, this company has a higher cost of product (25.8%)
9.4% - Fairview New Homes (epping Forest) No.1 Limited
25.8% - Industry AVG
Profitability
an operating margin of -26.7% make it less profitable than the average company (9.6%)
-26.7% - Fairview New Homes (epping Forest) No.1 Limited
9.6% - Industry AVG
Employees
with 7 employees, this is similar to the industry average (6)
7 - Fairview New Homes (epping Forest) No.1 Limited
6 - Industry AVG
Pay Structure
There is insufficient data available for this Key Performance Indicator!
- - Fairview New Homes (epping Forest) No.1 Limited
- - Industry AVG
Efficiency
resulting in sales per employee of £525.7k, this is more efficient (£286.8k)
£525.7k - Fairview New Homes (epping Forest) No.1 Limited
£286.8k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- - Fairview New Homes (epping Forest) No.1 Limited
- - Industry AVG
Creditor Days
its suppliers are paid after 53 days, this is slower than average (30 days)
53 days - Fairview New Homes (epping Forest) No.1 Limited
30 days - Industry AVG
Stock Days
it holds stock equivalent to 2775 days, this is more than average (166 days)
2775 days - Fairview New Homes (epping Forest) No.1 Limited
166 days - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Fairview New Homes (epping Forest) No.1 Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 36.2%, this is a lower level of debt than the average (75.1%)
36.2% - Fairview New Homes (epping Forest) No.1 Limited
75.1% - Industry AVG
FAIRVIEW NEW HOMES (EPPING FOREST) NO.1 LIMITED financials
Fairview New Homes (Epping Forest) No.1 Limited's latest turnover from December 2022 is £3.7 million and the company has net assets of £16.7 million. According to their latest financial statements, Fairview New Homes (Epping Forest) No.1 Limited has 7 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | |
|---|---|---|---|---|
| Turnover | 3,680,000 | 2,011,000 | 0 | 0 |
| Other Income Or Grants | 0 | 0 | 0 | |
| Cost Of Sales | 3,334,000 | 2,011,000 | 0 | |
| Gross Profit | 346,000 | 0 | 0 | |
| Admin Expenses | 1,329,000 | 269,000 | -35,000 | |
| Operating Profit | -983,000 | -269,000 | 35,000 | -1,000 |
| Interest Payable | 203,000 | 0 | 0 | 0 |
| Interest Receivable | 0 | 48,000 | 213,000 | 409,000 |
| Pre-Tax Profit | -1,186,000 | -221,000 | 248,000 | 408,000 |
| Tax | 0 | 0 | 0 | 0 |
| Profit After Tax | -1,186,000 | -221,000 | 248,000 | 408,000 |
| Dividends Paid | 0 | 0 | 0 | 0 |
| Retained Profit | -1,186,000 | -221,000 | 248,000 | 408,000 |
| Employee Costs | 0 | 0 | 0 | 0 |
| Number Of Employees | 7 | 7 | 8 | |
| EBITDA* | -983,000 | -269,000 | 35,000 | -1,000 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | |
|---|---|---|---|---|
| Tangible Assets | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 0 | 0 | 0 | 0 |
| Stock & work in progress | 25,352,000 | 15,798,000 | 15,471,000 | 14,089,000 |
| Trade Debtors | 0 | 0 | 0 | 0 |
| Group Debtors | 0 | 2,130,000 | 2,622,000 | 17,311,000 |
| Misc Debtors | 781,000 | 0 | 0 | 0 |
| Cash | 0 | 0 | 0 | 0 |
| misc current assets | 0 | 0 | 0 | 0 |
| total current assets | 26,133,000 | 17,928,000 | 18,093,000 | 31,400,000 |
| total assets | 26,133,000 | 17,928,000 | 18,093,000 | 31,400,000 |
| Bank overdraft | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 |
| Trade Creditors | 489,000 | 63,000 | 7,000 | 62,000 |
| Group/Directors Accounts | 8,704,000 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 |
| other current liabilities | 261,000 | 0 | 0 | 13,500,000 |
| total current liabilities | 9,454,000 | 63,000 | 7,000 | 13,562,000 |
| loans | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 0 |
| total liabilities | 9,454,000 | 63,000 | 7,000 | 13,562,000 |
| net assets | 16,679,000 | 17,865,000 | 18,086,000 | 17,838,000 |
| total shareholders funds | 16,679,000 | 17,865,000 | 18,086,000 | 17,838,000 |
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | |
|---|---|---|---|---|
| Operating Activities | ||||
| Operating Profit | -983,000 | -269,000 | 35,000 | -1,000 |
| Depreciation | 0 | 0 | 0 | 0 |
| Amortisation | 0 | 0 | 0 | 0 |
| Tax | 0 | 0 | 0 | 0 |
| Stock | 9,554,000 | 327,000 | 1,382,000 | 14,089,000 |
| Debtors | -1,349,000 | -492,000 | -14,689,000 | 17,311,000 |
| Creditors | 426,000 | 56,000 | -55,000 | 62,000 |
| Accruals and Deferred Income | 261,000 | 0 | -13,500,000 | 13,500,000 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 |
| Cash flow from operations | -8,501,000 | -48,000 | -213,000 | -17,839,000 |
| Investing Activities | ||||
| capital expenditure | ||||
| Change in Investments | 0 | 0 | 0 | 0 |
| cash flow from investments | ||||
| Financing Activities | ||||
| Bank loans | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 8,704,000 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 |
| share issue | ||||
| interest | -203,000 | 48,000 | 213,000 | 409,000 |
| cash flow from financing | 8,501,000 | 48,000 | 213,000 | 17,839,000 |
| cash and cash equivalents | ||||
| cash | 0 | 0 | 0 | 0 |
| overdraft | 0 | 0 | 0 | 0 |
| change in cash | 0 | 0 | 0 | 0 |
fairview new homes (epping forest) no.1 limited Credit Report and Business Information
Fairview New Homes (epping Forest) No.1 Limited Competitor Analysis
Perform a competitor analysis for fairview new homes (epping forest) no.1 limited by selecting its closest rivals and benchmarking them against 12 key performance metrics.
fairview new homes (epping forest) no.1 limited Ownership
FAIRVIEW NEW HOMES (EPPING FOREST) NO.1 LIMITED group structure
Fairview New Homes (Epping Forest) No.1 Limited has no subsidiary companies.
Ultimate parent company
2 parents
FAIRVIEW NEW HOMES (EPPING FOREST) NO.1 LIMITED
11883667
fairview new homes (epping forest) no.1 limited directors
Fairview New Homes (Epping Forest) No.1 Limited currently has 8 directors. The longest serving directors include Mr Jonathan Spring (Mar 2019) and Mr Darren McCormack (Mar 2019).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Jonathan Spring | United Kingdom | 51 years | Mar 2019 | - | Director |
| Mr Darren McCormack | England | 42 years | Mar 2019 | - | Director |
| Mr Gerald Malton | England | 63 years | Mar 2019 | - | Director |
| Mr Robert Williams | England | 59 years | Mar 2019 | - | Director |
| Mr Rhys Davies | 41 years | Apr 2019 | - | Director | |
| Mr Simon Garrett | England | 55 years | Oct 2019 | - | Director |
| Mr Simon Garrett | England | 55 years | Oct 2019 | - | Director |
| Mr Matthew Calladine | England | 50 years | Nov 2020 | - | Director |
P&L
December 2022turnover
3.7m
+83%
operating profit
-983k
+265%
gross margin
9.5%
%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2022net assets
16.7m
-0.07%
total assets
26.1m
+0.46%
cash
0
0%
net assets
Total assets minus all liabilities
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fairview new homes (epping forest) no.1 limited company details
company number
11883667
Type
Private limited with Share Capital
industry
41100 - Development of building projects
incorporation date
March 2019
age
5
accounts
Full Accounts
ultimate parent company
previous names
N/A
incorporated
UK
address
50 lancaster road, enfield, middlesex, EN2 0BY
last accounts submitted
December 2022
fairview new homes (epping forest) no.1 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 5 charges/mortgages relating to fairview new homes (epping forest) no.1 limited. Currently there are 5 open charges and 0 have been satisfied in the past.
fairview new homes (epping forest) no.1 limited Companies House Filings - See Documents
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