future homes residential contracting ltd
future homes residential contracting ltd Company Information
Company Number
14618437
Next Accounts
Sep 2025
Industry
Development of building projects
Shareholders
ben barnes
jamie john blackman
View AllGroup Structure
View All
Contact
Registered Address
424 margate road, ramsgate, kent, CT12 6SJ
Website
-future homes residential contracting ltd Estimated Valuation
Pomanda estimates the enterprise value of FUTURE HOMES RESIDENTIAL CONTRACTING LTD at £359.6k based on a Turnover of £653.9k and 0.55x industry multiple (adjusted for size and gross margin).
future homes residential contracting ltd Estimated Valuation
Pomanda estimates the enterprise value of FUTURE HOMES RESIDENTIAL CONTRACTING LTD at £0 based on an EBITDA of £-1.6k and a 3.86x industry multiple (adjusted for size and gross margin).
future homes residential contracting ltd Estimated Valuation
Pomanda estimates the enterprise value of FUTURE HOMES RESIDENTIAL CONTRACTING LTD at £0 based on Net Assets of £-372 and 1.56x industry multiple (adjusted for liquidity).
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Future Homes Residential Contracting Ltd Overview
Future Homes Residential Contracting Ltd is a live company located in kent, CT12 6SJ with a Companies House number of 14618437. It operates in the development of building projects sector, SIC Code 41100. Founded in January 2023, it's largest shareholder is ben barnes with a 25% stake. Future Homes Residential Contracting Ltd is a new, small sized company, Pomanda has estimated its turnover at £653.9k with unknown growth in recent years.
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Future Homes Residential Contracting Ltd Health Check
Pomanda's financial health check has awarded Future Homes Residential Contracting Ltd a 3 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 5 areas for improvement. Company Health Check FAQs
3 Strong
2 Regular
5 Weak
Size
annual sales of £653.9k, make it smaller than the average company (£2.6m)
- Future Homes Residential Contracting Ltd
£2.6m - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Future Homes Residential Contracting Ltd
- - Industry AVG
Production
with a gross margin of 26.1%, this company has a comparable cost of product (26.1%)
- Future Homes Residential Contracting Ltd
26.1% - Industry AVG
Profitability
an operating margin of -0.2% make it less profitable than the average company (6.6%)
- Future Homes Residential Contracting Ltd
6.6% - Industry AVG
Employees
with 3 employees, this is below the industry average (6)
- Future Homes Residential Contracting Ltd
6 - Industry AVG
Pay Structure
on an average salary of £48.9k, the company has an equivalent pay structure (£48.9k)
- Future Homes Residential Contracting Ltd
£48.9k - Industry AVG
Efficiency
resulting in sales per employee of £218k, this is less efficient (£306.9k)
- Future Homes Residential Contracting Ltd
£306.9k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Future Homes Residential Contracting Ltd
- - Industry AVG
Creditor Days
its suppliers are paid after 74 days, this is slower than average (30 days)
- Future Homes Residential Contracting Ltd
30 days - Industry AVG
Stock Days
it holds stock equivalent to 32 days, this is less than average (174 days)
- Future Homes Residential Contracting Ltd
174 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 17 weeks, this is more cash available to meet short term requirements (10 weeks)
17 weeks - Future Homes Residential Contracting Ltd
10 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 100.4%, this is a higher level of debt than the average (74.9%)
100.4% - Future Homes Residential Contracting Ltd
74.9% - Industry AVG
FUTURE HOMES RESIDENTIAL CONTRACTING LTD financials
Future Homes Residential Contracting Ltd's latest turnover from December 2023 is estimated at £653.9 thousand and the company has net assets of -£372. According to their latest financial statements, we estimate that Future Homes Residential Contracting Ltd has 3 employees and maintains cash reserves of £35.1 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2023 | |
|---|---|
| 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 2023 | |
|---|---|
| Tangible Assets | 0 |
| Intangible Assets | 0 |
| Investments & Other | 0 |
| Debtors (Due After 1 year) | 0 |
| Total Fixed Assets | 0 |
| Stock & work in progress | 43,249 |
| Trade Debtors | 0 |
| Group Debtors | 0 |
| Misc Debtors | 24,264 |
| Cash | 35,074 |
| misc current assets | 0 |
| total current assets | 102,587 |
| total assets | 102,587 |
| Bank overdraft | 0 |
| Bank loan | 0 |
| Trade Creditors | 98,968 |
| Group/Directors Accounts | 0 |
| other short term finances | 0 |
| hp & lease commitments | 0 |
| other current liabilities | 3,991 |
| total current liabilities | 102,959 |
| loans | 0 |
| hp & lease commitments | 0 |
| Accruals and Deferred Income | 0 |
| other liabilities | 0 |
| provisions | 0 |
| total long term liabilities | 0 |
| total liabilities | 102,959 |
| net assets | -372 |
| total shareholders funds | -372 |
| Dec 2023 | |
|---|---|
| Operating Activities | |
| Operating Profit | |
| Depreciation | 0 |
| Amortisation | 0 |
| Tax | |
| Stock | 43,249 |
| Debtors | 24,264 |
| Creditors | 98,968 |
| Accruals and Deferred Income | 3,991 |
| 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 | 0 |
| Other Short Term Loans | 0 |
| Long term loans | 0 |
| Hire Purchase and Lease Commitments | 0 |
| other long term liabilities | 0 |
| share issue | |
| interest | |
| cash flow from financing | |
| cash and cash equivalents | |
| cash | 35,074 |
| overdraft | 0 |
| change in cash | 35,074 |
future homes residential contracting ltd Credit Report and Business Information
Future Homes Residential Contracting Ltd Competitor Analysis
Perform a competitor analysis for future homes residential contracting ltd by selecting its closest rivals, whether from the CONSTRUCTION sector, other small companies, companies in CT12 area or any other competitors across 12 key performance metrics.
future homes residential contracting ltd Ownership
FUTURE HOMES RESIDENTIAL CONTRACTING LTD group structure
Future Homes Residential Contracting Ltd has no subsidiary companies.
Ultimate parent company
FUTURE HOMES RESIDENTIAL CONTRACTING LTD
14618437
future homes residential contracting ltd directors
Future Homes Residential Contracting Ltd currently has 4 directors. The longest serving directors include Mr Daniel Stewart (Jan 2023) and Mr Ben Barnes (Jan 2023).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Daniel Stewart | England | 39 years | Jan 2023 | - | Director |
| Mr Ben Barnes | England | 40 years | Jan 2023 | - | Director |
| Mr Jamie Blackman | England | 42 years | Mar 2023 | - | Director |
| Mr Ashley Moyiham | United Kingdom | 37 years | Mar 2023 | - | Director |
P&L
December 2023turnover
653.9k
0%
operating profit
-1.6k
0%
gross margin
26.1%
0%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
-372
0%
total assets
102.6k
0%
cash
35.1k
0%
net assets
Total assets minus all liabilities
Similar Companies
future homes residential contracting ltd company details
company number
14618437
Type
Private limited with Share Capital
industry
41100 - Development of building projects
incorporation date
January 2023
age
1
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
December 2023
previous names
N/A
accountant
SPURLING CANNON
auditor
-
address
424 margate road, ramsgate, kent, CT12 6SJ
Bank
-
Legal Advisor
-
future homes residential contracting 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 did not find charges/mortgages relating to future homes residential contracting ltd.
future homes residential contracting ltd 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 FUTURE HOMES RESIDENTIAL CONTRACTING LTD. This can take several minutes, an email will notify you when this has completed.
future homes residential contracting ltd Companies House Filings - See Documents
| date | description | view/download |
|---|
