finest renovations ltd
finest renovations ltd Company Information
Company Number
13056879
Website
-Registered Address
48 high street, bushey, hertfordshire, WD23 3HL
Industry
Buying and selling of own real estate
Telephone
-
Next Accounts Due
September 2025
Group Structure
View All
Shareholders
ryan murray 50%
thomas skinner 50%
finest renovations ltd Estimated Valuation
Pomanda estimates the enterprise value of FINEST RENOVATIONS LTD at £455.4k based on a Turnover of £190.3k and 2.39x industry multiple (adjusted for size and gross margin).
finest renovations ltd Estimated Valuation
Pomanda estimates the enterprise value of FINEST RENOVATIONS LTD at £75.8k based on an EBITDA of £12.6k and a 5.99x industry multiple (adjusted for size and gross margin).
finest renovations ltd Estimated Valuation
Pomanda estimates the enterprise value of FINEST RENOVATIONS LTD at £0 based on Net Assets of £-7.7k and 1.43x industry multiple (adjusted for liquidity).
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Finest Renovations Ltd Overview
Finest Renovations Ltd is a live company located in hertfordshire, WD23 3HL with a Companies House number of 13056879. It operates in the buying and selling of own real estate sector, SIC Code 68100. Founded in December 2020, it's largest shareholder is ryan murray with a 50% stake. Finest Renovations Ltd is a startup, micro sized company, Pomanda has estimated its turnover at £190.3k with unknown growth in recent years.
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Finest Renovations Ltd Health Check
Pomanda's financial health check has awarded Finest Renovations Ltd a 0.5 rating. We use a traffic light system to show it exceeds the industry average on 0 measures and has 7 areas for improvement. Company Health Check FAQs
0 Strong
2 Regular
7 Weak
Size
annual sales of £190.3k, make it smaller than the average company (£947.2k)
- Finest Renovations Ltd
£947.2k - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Finest Renovations Ltd
- - Industry AVG
Production
with a gross margin of 71.1%, this company has a comparable cost of product (71.1%)
- Finest Renovations Ltd
71.1% - Industry AVG
Profitability
an operating margin of 6.6% make it less profitable than the average company (24.9%)
- Finest Renovations Ltd
24.9% - Industry AVG
Employees
with 2 employees, this is below the industry average (4)
2 - Finest Renovations Ltd
4 - Industry AVG
Pay Structure
on an average salary of £38.8k, the company has an equivalent pay structure (£38.8k)
- Finest Renovations Ltd
£38.8k - Industry AVG
Efficiency
resulting in sales per employee of £95.1k, this is less efficient (£191.1k)
- Finest Renovations Ltd
£191.1k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Finest Renovations Ltd
- - Industry AVG
Creditor Days
its suppliers are paid after 0 days, this is quicker than average (33 days)
- Finest Renovations Ltd
33 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Finest Renovations Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (8 weeks)
0 weeks - Finest Renovations Ltd
8 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 102.1%, this is a higher level of debt than the average (63.1%)
102.1% - Finest Renovations Ltd
63.1% - Industry AVG
FINEST RENOVATIONS LTD financials
Finest Renovations Ltd's latest turnover from December 2023 is estimated at £190.3 thousand and the company has net assets of -£7.7 thousand. According to their latest financial statements, Finest Renovations Ltd has 2 employees and maintains cash reserves of £1.8 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2023 | Dec 2022 | Dec 2021 | |
|---|---|---|---|
| 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 | ||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Dec 2022 | Dec 2021 | |
|---|---|---|---|
| Tangible Assets | 360,000 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 |
| Investments & Other | 3,210 | 0 | 100 |
| Debtors (Due After 1 year) | 0 | 0 | 0 |
| Total Fixed Assets | 363,210 | 0 | 100 |
| Stock & work in progress | 0 | 0 | 0 |
| Trade Debtors | 0 | 0 | 0 |
| Group Debtors | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 |
| Cash | 1,771 | 100 | 0 |
| misc current assets | 0 | 0 | 0 |
| total current assets | 1,771 | 100 | 0 |
| total assets | 364,981 | 100 | 100 |
| Bank overdraft | 229,458 | 0 | 0 |
| Bank loan | 0 | 0 | 0 |
| Trade Creditors | 53 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 |
| other current liabilities | 640 | 0 | 0 |
| total current liabilities | 230,151 | 0 | 0 |
| loans | 142,500 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 |
| total long term liabilities | 142,500 | 0 | 0 |
| total liabilities | 372,651 | 0 | 0 |
| net assets | -7,670 | 100 | 100 |
| total shareholders funds | -7,670 | 100 | 100 |
| Dec 2023 | Dec 2022 | Dec 2021 | |
|---|---|---|---|
| Operating Activities | |||
| Operating Profit | |||
| Depreciation | 0 | 0 | 0 |
| Amortisation | 0 | 0 | 0 |
| Tax | |||
| Stock | 0 | 0 | 0 |
| Debtors | 0 | 0 | 0 |
| Creditors | 53 | 0 | 0 |
| Accruals and Deferred Income | 640 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 |
| Cash flow from operations | |||
| Investing Activities | |||
| capital expenditure | |||
| Change in Investments | 3,210 | -100 | 100 |
| cash flow from investments | |||
| Financing Activities | |||
| Bank loans | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 |
| Long term loans | 142,500 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 |
| share issue | |||
| interest | |||
| cash flow from financing | |||
| cash and cash equivalents | |||
| cash | 1,671 | 100 | 0 |
| overdraft | 229,458 | 0 | 0 |
| change in cash | -227,787 | 100 | 0 |
finest renovations ltd Credit Report and Business Information
Finest Renovations Ltd Competitor Analysis
Perform a competitor analysis for finest renovations ltd by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other micro companies, companies in WD23 area or any other competitors across 12 key performance metrics.
finest renovations ltd Ownership
FINEST RENOVATIONS LTD group structure
Finest Renovations Ltd has no subsidiary companies.
Ultimate parent company
FINEST RENOVATIONS LTD
13056879
finest renovations ltd directors
Finest Renovations Ltd currently has 2 directors. The longest serving directors include Mr Thomas Skinner (Dec 2020) and Mr Ryan Murray (Dec 2020).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Thomas Skinner | England | 40 years | Dec 2020 | - | Director |
| Mr Ryan Murray | United Kingdom | 44 years | Dec 2020 | - | Director |
P&L
December 2023turnover
190.3k
0%
operating profit
12.6k
0%
gross margin
71.1%
0%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
-7.7k
-77.7%
total assets
365k
+3648.81%
cash
1.8k
+16.71%
net assets
Total assets minus all liabilities
Similar Companies
finest renovations ltd company details
company number
13056879
Type
Private limited with Share Capital
industry
68100 - Buying and selling of own real estate
incorporation date
December 2020
age
4
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
December 2023
previous names
N/A
accountant
AMBER CONSULTANCY
auditor
-
address
48 high street, bushey, hertfordshire, WD23 3HL
Bank
-
Legal Advisor
-
finest renovations 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 finest renovations ltd. Currently there are 2 open charges and 0 have been satisfied in the past.
finest renovations ltd Companies House Filings - See Documents
| date | description | view/download |
|---|
