marden new homes limited
marden new homes limited Company Information
Company Number
12077703
Next Accounts
Feb 2025
Industry
Construction of domestic buildings
Shareholders
tony john aldridge
richard anthony tappenden
View AllGroup Structure
View All
Contact
Registered Address
601 london road, westcliff-on-sea, SS0 9PE
Website
-marden new homes limited Estimated Valuation
Pomanda estimates the enterprise value of MARDEN NEW HOMES LIMITED at £230k based on a Turnover of £537.8k and 0.43x industry multiple (adjusted for size and gross margin).
marden new homes limited Estimated Valuation
Pomanda estimates the enterprise value of MARDEN NEW HOMES LIMITED at £0 based on an EBITDA of £-686.3k and a 3.39x industry multiple (adjusted for size and gross margin).
marden new homes limited Estimated Valuation
Pomanda estimates the enterprise value of MARDEN NEW HOMES LIMITED at £0 based on Net Assets of £-1.2m and 1.35x industry multiple (adjusted for liquidity).
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Marden New Homes Limited Overview
Marden New Homes Limited is a live company located in westcliff-on-sea, SS0 9PE with a Companies House number of 12077703. It operates in the construction of domestic buildings sector, SIC Code 41202. Founded in July 2019, it's largest shareholder is tony john aldridge with a 33.3% stake. Marden New Homes Limited is a young, small sized company, Pomanda has estimated its turnover at £537.8k with rapid growth in recent years.
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Marden New Homes Limited Health Check
Pomanda's financial health check has awarded Marden New Homes Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 4 areas for improvement. Company Health Check FAQs
3 Strong
5 Regular
4 Weak
Size
annual sales of £537.8k, make it in line with the average company (£499k)
- Marden New Homes Limited
£499k - Industry AVG
Growth
3 year (CAGR) sales growth of 38%, show it is growing at a faster rate (6.9%)
- Marden New Homes Limited
6.9% - Industry AVG
Production
with a gross margin of 20.9%, this company has a comparable cost of product (20.9%)
- Marden New Homes Limited
20.9% - Industry AVG
Profitability
an operating margin of -127.6% make it less profitable than the average company (6.2%)
- Marden New Homes Limited
6.2% - Industry AVG
Employees
with 3 employees, this is similar to the industry average (3)
3 - Marden New Homes Limited
3 - Industry AVG
Pay Structure
on an average salary of £43.2k, the company has an equivalent pay structure (£43.2k)
- Marden New Homes Limited
£43.2k - Industry AVG
Efficiency
resulting in sales per employee of £179.3k, this is equally as efficient (£204.1k)
- Marden New Homes Limited
£204.1k - Industry AVG
Debtor Days
it gets paid by customers after 0 days, this is earlier than average (25 days)
- Marden New Homes Limited
25 days - Industry AVG
Creditor Days
its suppliers are paid after 38 days, this is slower than average (30 days)
- Marden New Homes Limited
30 days - Industry AVG
Stock Days
it holds stock equivalent to 1306 days, this is more than average (253 days)
- Marden New Homes Limited
253 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (16 weeks)
0 weeks - Marden New Homes Limited
16 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 171.5%, this is a higher level of debt than the average (70.7%)
171.5% - Marden New Homes Limited
70.7% - Industry AVG
MARDEN NEW HOMES LIMITED financials
Marden New Homes Limited's latest turnover from May 2023 is estimated at £537.8 thousand and the company has net assets of -£1.2 million. According to their latest financial statements, Marden New Homes Limited has 3 employees and maintains cash reserves of £1.4 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| May 2023 | May 2022 | May 2021 | May 2020 | |
|---|---|---|---|---|
| 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 | 3 | 3 | 2 | 2 |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| May 2023 | May 2022 | May 2021 | May 2020 | |
|---|---|---|---|---|
| Tangible Assets | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 |
| Investments & Other | 100 | 88,277 | 174,590 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 100 | 88,277 | 174,590 | 0 |
| Stock & work in progress | 1,522,658 | 2,022,604 | 61,745 | 64,757 |
| Trade Debtors | 282 | 0 | 0 | 0 |
| Group Debtors | 0 | 27,742 | 445,722 | 0 |
| Misc Debtors | 216,594 | 148,615 | 66,925 | 671 |
| Cash | 1,439 | 20,042 | 41 | 45 |
| misc current assets | 0 | 0 | 0 | 0 |
| total current assets | 1,740,973 | 2,219,003 | 574,433 | 65,473 |
| total assets | 1,741,073 | 2,307,280 | 749,023 | 65,473 |
| Bank overdraft | 0 | 0 | 0 | 0 |
| Bank loan | 2,782 | 9,727 | 3,932 | 0 |
| Trade Creditors | 45,327 | 61,703 | 23,768 | 15,907 |
| Group/Directors Accounts | 15,687 | 812 | 418,792 | 0 |
| other short term finances | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 |
| other current liabilities | 1,594,446 | 1,326,032 | 255,725 | 49,536 |
| total current liabilities | 1,658,242 | 1,398,274 | 702,217 | 65,443 |
| loans | 1,328,026 | 1,328,285 | 46,068 | 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 | 1,328,026 | 1,328,285 | 46,068 | 0 |
| total liabilities | 2,986,268 | 2,726,559 | 748,285 | 65,443 |
| net assets | -1,245,195 | -419,279 | 738 | 30 |
| total shareholders funds | -1,245,195 | -419,279 | 738 | 30 |
| May 2023 | May 2022 | May 2021 | May 2020 | |
|---|---|---|---|---|
| Operating Activities | ||||
| Operating Profit | ||||
| Depreciation | 0 | 0 | 0 | 0 |
| Amortisation | 0 | 0 | 0 | 0 |
| Tax | ||||
| Stock | -499,946 | 1,960,859 | -3,012 | 64,757 |
| Debtors | 40,519 | -336,290 | 511,976 | 671 |
| Creditors | -16,376 | 37,935 | 7,861 | 15,907 |
| Accruals and Deferred Income | 268,414 | 1,070,307 | 206,189 | 49,536 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 |
| Cash flow from operations | ||||
| Investing Activities | ||||
| capital expenditure | ||||
| Change in Investments | -88,177 | -86,313 | 174,590 | 0 |
| cash flow from investments | ||||
| Financing Activities | ||||
| Bank loans | -6,945 | 5,795 | 3,932 | 0 |
| Group/Directors Accounts | 14,875 | -417,980 | 418,792 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 |
| Long term loans | -259 | 1,282,217 | 46,068 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 |
| share issue | ||||
| interest | ||||
| cash flow from financing | ||||
| cash and cash equivalents | ||||
| cash | -18,603 | 20,001 | -4 | 45 |
| overdraft | 0 | 0 | 0 | 0 |
| change in cash | -18,603 | 20,001 | -4 | 45 |
marden new homes limited Credit Report and Business Information
Marden New Homes Limited Competitor Analysis
Perform a competitor analysis for marden new homes limited by selecting its closest rivals, whether from the CONSTRUCTION sector, other small companies, companies in SS0 area or any other competitors across 12 key performance metrics.
marden new homes limited Ownership
MARDEN NEW HOMES LIMITED group structure
Marden New Homes Limited has 2 subsidiary companies.
Ultimate parent company
MARDEN NEW HOMES LIMITED
12077703
2 subsidiaries
marden new homes limited directors
Marden New Homes Limited currently has 2 directors. The longest serving directors include Mr Richard Tappenden (Jul 2019) and Mr Shaun Pridmore (Jul 2019).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Richard Tappenden | United Kingdom | 64 years | Jul 2019 | - | Director |
| Mr Shaun Pridmore | United Kingdom | 59 years | Jul 2019 | - | Director |
P&L
May 2023turnover
537.8k
-49%
operating profit
-686.3k
0%
gross margin
21%
+1.3%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
May 2023net assets
-1.2m
+1.97%
total assets
1.7m
-0.25%
cash
1.4k
-0.93%
net assets
Total assets minus all liabilities
Similar Companies
marden new homes limited company details
company number
12077703
Type
Private limited with Share Capital
industry
41202 - Construction of domestic buildings
incorporation date
July 2019
age
6
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
May 2023
previous names
N/A
accountant
-
auditor
-
address
601 london road, westcliff-on-sea, SS0 9PE
Bank
-
Legal Advisor
-
marden new 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 found 5 charges/mortgages relating to marden new homes limited. Currently there are 4 open charges and 1 have been satisfied in the past.
marden new homes limited 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 MARDEN NEW HOMES LIMITED. This can take several minutes, an email will notify you when this has completed.
marden new homes limited Companies House Filings - See Documents
| date | description | view/download |
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