newett homes (harrogate) limited
newett homes (harrogate) limited Company Information
Company Number
13759041
Website
-Registered Address
c/o stirling investments, thorp arch grange walton road, wetherby, west yorkshire, LS23 7BA
Industry
Buying and selling of own real estate
Telephone
-
Next Accounts Due
43 days late
Group Structure
View All
Shareholders
project prodigal llp 100%
newett homes (harrogate) limited Estimated Valuation
Pomanda estimates the enterprise value of NEWETT HOMES (HARROGATE) LIMITED at £4.8m based on a Turnover of £1.9m and 2.48x industry multiple (adjusted for size and gross margin).
newett homes (harrogate) limited Estimated Valuation
Pomanda estimates the enterprise value of NEWETT HOMES (HARROGATE) LIMITED at £0 based on an EBITDA of £-383k and a 6.21x industry multiple (adjusted for size and gross margin).
newett homes (harrogate) limited Estimated Valuation
Pomanda estimates the enterprise value of NEWETT HOMES (HARROGATE) LIMITED at £0 based on Net Assets of £-638.2k and 1.43x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Newett Homes (harrogate) Limited Overview
Newett Homes (harrogate) Limited is a live company located in wetherby, LS23 7BA with a Companies House number of 13759041. It operates in the buying and selling of own real estate sector, SIC Code 68100. Founded in November 2021, it's largest shareholder is project prodigal llp with a 100% stake. Newett Homes (harrogate) Limited is a startup, small sized company, Pomanda has estimated its turnover at £1.9m with unknown growth in recent years.
Upgrade for unlimited company reports & a free credit check
Newett Homes (harrogate) Limited Health Check
Pomanda's financial health check has awarded Newett Homes (Harrogate) Limited a 2 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 4 areas for improvement. Company Health Check FAQs
2 Strong
3 Regular
4 Weak
Size
annual sales of £1.9m, make it larger than the average company (£949.1k)
- Newett Homes (harrogate) Limited
£949.1k - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Newett Homes (harrogate) Limited
- - Industry AVG
Production
with a gross margin of 70.1%, this company has a comparable cost of product (70.1%)
- Newett Homes (harrogate) Limited
70.1% - Industry AVG
Profitability
an operating margin of -19.8% make it less profitable than the average company (42.9%)
- Newett Homes (harrogate) Limited
42.9% - Industry AVG
Employees
with 11 employees, this is above the industry average (4)
- Newett Homes (harrogate) Limited
4 - Industry AVG
Pay Structure
on an average salary of £38.1k, the company has an equivalent pay structure (£38.1k)
- Newett Homes (harrogate) Limited
£38.1k - Industry AVG
Efficiency
resulting in sales per employee of £175.7k, this is equally as efficient (£189.4k)
- Newett Homes (harrogate) Limited
£189.4k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Newett Homes (harrogate) Limited
- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- Newett Homes (harrogate) Limited
- - Industry AVG
Stock Days
it holds stock equivalent to 4813 days, this is more than average (430 days)
- Newett Homes (harrogate) Limited
430 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (7 weeks)
0 weeks - Newett Homes (harrogate) Limited
7 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 108.3%, this is a higher level of debt than the average (63.3%)
108.3% - Newett Homes (harrogate) Limited
63.3% - Industry AVG
NEWETT HOMES (HARROGATE) LIMITED financials
Newett Homes (Harrogate) Limited's latest turnover from December 2022 is estimated at £1.9 million and the company has net assets of -£638.2 thousand. According to their latest financial statements, we estimate that Newett Homes (Harrogate) Limited has 11 employees and maintains cash reserves of £94.5 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2022 | |
|---|---|
| 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 | |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2022 | |
|---|---|
| Tangible Assets | 0 |
| Intangible Assets | 0 |
| Investments & Other | 0 |
| Debtors (Due After 1 year) | 0 |
| Total Fixed Assets | 0 |
| Stock & work in progress | 7,623,614 |
| Trade Debtors | 0 |
| Group Debtors | 0 |
| Misc Debtors | 1,058 |
| Cash | 94,470 |
| misc current assets | 0 |
| total current assets | 7,719,142 |
| total assets | 7,719,142 |
| Bank overdraft | 3,842,273 |
| Bank loan | 0 |
| Trade Creditors | 0 |
| Group/Directors Accounts | 1,400,001 |
| other short term finances | 0 |
| hp & lease commitments | 0 |
| other current liabilities | 1,547,543 |
| total current liabilities | 6,789,817 |
| loans | 1,567,501 |
| hp & lease commitments | 0 |
| Accruals and Deferred Income | 0 |
| other liabilities | 0 |
| provisions | 0 |
| total long term liabilities | 1,567,501 |
| total liabilities | 8,357,318 |
| net assets | -638,176 |
| total shareholders funds | -638,176 |
| Dec 2022 | |
|---|---|
| Operating Activities | |
| Operating Profit | |
| Depreciation | 0 |
| Amortisation | 0 |
| Tax | |
| Stock | 7,623,614 |
| Debtors | 1,058 |
| Creditors | 0 |
| Accruals and Deferred Income | 1,547,543 |
| Deferred Taxes & Provisions | 0 |
| Cash flow from operations | |
| Investing Activities | |
| capital expenditure | |
| Change in Investments | 0 |
| cash flow from investments | |
| Financing Activities | |
| Bank loans | 0 |
| Group/Directors Accounts | 1,400,001 |
| Other Short Term Loans | 0 |
| Long term loans | 1,567,501 |
| Hire Purchase and Lease Commitments | 0 |
| other long term liabilities | 0 |
| share issue | |
| interest | |
| cash flow from financing | |
| cash and cash equivalents | |
| cash | 94,470 |
| overdraft | 3,842,273 |
| change in cash | -3,747,803 |
newett homes (harrogate) limited Credit Report and Business Information
Newett Homes (harrogate) Limited Competitor Analysis
Perform a competitor analysis for newett homes (harrogate) limited by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other small companies, companies in LS23 area or any other competitors across 12 key performance metrics.
newett homes (harrogate) limited Ownership
NEWETT HOMES (HARROGATE) LIMITED group structure
Newett Homes (Harrogate) Limited has no subsidiary companies.
Ultimate parent company
NEWETT HOMES (HARROGATE) LIMITED
13759041
newett homes (harrogate) limited directors
Newett Homes (Harrogate) Limited currently has 6 directors. The longest serving directors include Mr Andrew Pettit (Nov 2021) and Mr Iestyn Llewellyn-Smith (Nov 2021).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Andrew Pettit | United Kingdom | 56 years | Nov 2021 | - | Director |
| Mr Iestyn Llewellyn-Smith | United Kingdom | 45 years | Nov 2021 | - | Director |
| Mr David Newett | United Kingdom | 65 years | Nov 2021 | - | Director |
| Mr William Newett | United Kingdom | 27 years | Nov 2021 | - | Director |
| Mr William Newett | United Kingdom | 27 years | Nov 2021 | - | Director |
| Mr Andrew Pettit | England | 56 years | Nov 2021 | - | Director |
P&L
December 2022turnover
1.9m
0%
operating profit
-383k
0%
gross margin
70.1%
0%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2022net assets
-638.2k
0%
total assets
7.7m
0%
cash
94.5k
0%
net assets
Total assets minus all liabilities
Similar Companies
newett homes (harrogate) limited company details
company number
13759041
Type
Private limited with Share Capital
industry
68100 - Buying and selling of own real estate
incorporation date
November 2021
age
3
incorporated
UK
ultimate parent company
accounts
Small Company
last accounts submitted
December 2022
previous names
N/A
accountant
FORD CAMPBELL FREEDMAN LIMITED
auditor
-
address
c/o stirling investments, thorp arch grange walton road, wetherby, west yorkshire, LS23 7BA
Bank
-
Legal Advisor
-
newett homes (harrogate) 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 14 charges/mortgages relating to newett homes (harrogate) limited. Currently there are 4 open charges and 10 have been satisfied in the past.
newett homes (harrogate) limited Companies House Filings - See Documents
| date | description | view/download |
|---|
