alpha homes (ni) limited
alpha homes (ni) limited Company Information
Company Number
NI627434
Next Accounts
Sep 2025
Industry
Construction of domestic buildings
Directors
Shareholders
gerard mcmenamin
Group Structure
View All
Contact
Registered Address
153 kingsway, dunmurry, belfast, BT17 9RY
Website
alphahousingni.orgalpha homes (ni) limited Estimated Valuation
Pomanda estimates the enterprise value of ALPHA HOMES (NI) LIMITED at £4.2m based on a Turnover of £9.1m and 0.46x industry multiple (adjusted for size and gross margin).
alpha homes (ni) limited Estimated Valuation
Pomanda estimates the enterprise value of ALPHA HOMES (NI) LIMITED at £662.6k based on an EBITDA of £190.8k and a 3.47x industry multiple (adjusted for size and gross margin).
alpha homes (ni) limited Estimated Valuation
Pomanda estimates the enterprise value of ALPHA HOMES (NI) LIMITED at £1.2m based on Net Assets of £875.2k and 1.36x industry multiple (adjusted for liquidity).
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Alpha Homes (ni) Limited Overview
Alpha Homes (ni) Limited is a live company located in belfast, BT17 9RY with a Companies House number of NI627434. It operates in the construction of domestic buildings sector, SIC Code 41202. Founded in October 2014, it's largest shareholder is gerard mcmenamin with a 100% stake. Alpha Homes (ni) Limited is a established, mid sized company, Pomanda has estimated its turnover at £9.1m with healthy growth in recent years.
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Alpha Homes (ni) Limited Health Check
Pomanda's financial health check has awarded Alpha Homes (Ni) Limited a 4 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 4 areas for improvement. Company Health Check FAQs
5 Strong
1 Regular
4 Weak
Size
annual sales of £9.1m, make it larger than the average company (£506.2k)
- Alpha Homes (ni) Limited
£506.2k - Industry AVG
Growth
3 year (CAGR) sales growth of 4%, show it is growing at a slower rate (9.5%)
- Alpha Homes (ni) Limited
9.5% - Industry AVG
Production
with a gross margin of 10.1%, this company has a higher cost of product (20.3%)
- Alpha Homes (ni) Limited
20.3% - Industry AVG
Profitability
an operating margin of 2.1% make it less profitable than the average company (5.1%)
- Alpha Homes (ni) Limited
5.1% - Industry AVG
Employees
with 15 employees, this is above the industry average (4)
- Alpha Homes (ni) Limited
4 - Industry AVG
Pay Structure
on an average salary of £43.4k, the company has an equivalent pay structure (£43.4k)
- Alpha Homes (ni) Limited
£43.4k - Industry AVG
Efficiency
resulting in sales per employee of £609.6k, this is more efficient (£209k)
- Alpha Homes (ni) Limited
£209k - Industry AVG
Debtor Days
it gets paid by customers after 80 days, this is later than average (24 days)
- Alpha Homes (ni) Limited
24 days - Industry AVG
Creditor Days
its suppliers are paid after 56 days, this is slower than average (30 days)
- Alpha Homes (ni) Limited
30 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Alpha Homes (ni) Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Alpha Homes (ni) Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 60.2%, this is a lower level of debt than the average (71.7%)
60.2% - Alpha Homes (ni) Limited
71.7% - Industry AVG
ALPHA HOMES (NI) LIMITED financials
Alpha Homes (Ni) Limited's latest turnover from December 2023 is estimated at £9.1 million and the company has net assets of £875.2 thousand. According to their latest financial statements, we estimate that Alpha Homes (Ni) Limited has 15 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Oct 2017 | Oct 2016 | Oct 2015 | |
|---|---|---|---|---|---|---|---|---|---|
| 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 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Oct 2017 | Oct 2016 | Oct 2015 | |
|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 191,094 | 218,635 | 101,606 | 56,226 | 70,282 | 87,853 | 89,841 | 112,301 | 5,376 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 191,094 | 218,635 | 101,606 | 56,226 | 70,282 | 87,853 | 89,841 | 112,301 | 5,376 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 988,958 | 687,323 | 546,517 |
| Trade Debtors | 2,007,121 | 1,955,403 | 1,868,358 | 1,704,859 | 1,081,860 | 1,182,996 | 71,980 | 173,257 | 3,899 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 | 539 | 0 | 0 | 0 | 0 |
| Cash | 0 | 0 | 0 | 0 | 0 | 0 | 152,852 | 200,010 | 0 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 2,007,121 | 1,955,403 | 1,868,358 | 1,704,859 | 1,082,399 | 1,182,996 | 1,213,790 | 1,060,590 | 550,416 |
| total assets | 2,198,215 | 2,174,038 | 1,969,964 | 1,761,085 | 1,152,681 | 1,270,849 | 1,303,631 | 1,172,891 | 555,792 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 1,275,301 | 1,318,455 | 1,400,379 | 1,276,926 | 682,464 | 888,141 | 1,079,593 | 944,230 | 557,586 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 1,275,301 | 1,318,455 | 1,400,379 | 1,276,926 | 682,464 | 888,141 | 1,079,593 | 944,230 | 557,586 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 7,525 | 65,146 | 8,795 | 7,614 | 8,514 | 2,519 | 0 | 0 | 0 |
| other liabilities | 40,239 | 58,417 | 74,323 | 48,247 | 27,039 | 53,520 | 64,830 | 108,000 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 47,764 | 123,563 | 83,118 | 55,861 | 35,553 | 56,039 | 64,830 | 108,000 | 0 |
| total liabilities | 1,323,065 | 1,442,018 | 1,483,497 | 1,332,787 | 718,017 | 944,180 | 1,144,423 | 1,052,230 | 557,586 |
| net assets | 875,150 | 732,020 | 486,467 | 428,298 | 434,664 | 326,669 | 159,208 | 120,661 | -1,794 |
| total shareholders funds | 875,150 | 732,020 | 486,467 | 428,298 | 434,664 | 326,669 | 159,208 | 120,661 | -1,794 |
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Oct 2017 | Oct 2016 | Oct 2015 | |
|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||
| Operating Profit | |||||||||
| Depreciation | 22,460 | 28,075 | 1,344 | ||||||
| Amortisation | 0 | 0 | 0 | ||||||
| Tax | |||||||||
| Stock | 0 | 0 | 0 | 0 | 0 | -988,958 | 301,635 | 140,806 | 546,517 |
| Debtors | 51,718 | 87,045 | 163,499 | 622,460 | -100,597 | 1,111,016 | -101,277 | 169,358 | 3,899 |
| Creditors | -43,154 | -81,924 | 123,453 | 594,462 | -205,677 | -191,452 | 135,363 | 386,644 | 557,586 |
| Accruals and Deferred Income | -57,621 | 56,351 | 1,181 | -900 | 5,995 | 2,519 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | |||||||||
| Investing Activities | |||||||||
| capital expenditure | |||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | |||||||||
| Financing Activities | |||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | -18,178 | -15,906 | 26,076 | 21,208 | -26,481 | -11,310 | -43,170 | 108,000 | 0 |
| share issue | |||||||||
| interest | |||||||||
| cash flow from financing | |||||||||
| cash and cash equivalents | |||||||||
| cash | 0 | 0 | 0 | 0 | 0 | -152,852 | -47,158 | 200,010 | 0 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 0 | 0 | 0 | 0 | 0 | -152,852 | -47,158 | 200,010 | 0 |
alpha homes (ni) limited Credit Report and Business Information
Alpha Homes (ni) Limited Competitor Analysis
Perform a competitor analysis for alpha homes (ni) limited by selecting its closest rivals, whether from the CONSTRUCTION sector, other mid companies, companies in BT17 area or any other competitors across 12 key performance metrics.
alpha homes (ni) limited Ownership
ALPHA HOMES (NI) LIMITED group structure
Alpha Homes (Ni) Limited has no subsidiary companies.
Ultimate parent company
ALPHA HOMES (NI) LIMITED
NI627434
alpha homes (ni) limited directors
Alpha Homes (Ni) Limited currently has 1 director, Mr Gerard McMenamin serving since Nov 2014.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Gerard McMenamin | Northern Ireland | 62 years | Nov 2014 | - | Director |
P&L
December 2023turnover
9.1m
+8%
operating profit
190.8k
0%
gross margin
10.1%
+0.42%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
875.2k
+0.2%
total assets
2.2m
+0.01%
cash
0
0%
net assets
Total assets minus all liabilities
alpha homes (ni) limited company details
company number
NI627434
Type
Private limited with Share Capital
industry
41202 - Construction of domestic buildings
incorporation date
October 2014
age
10
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
December 2023
previous names
gpm estates ltd (December 2014)
accountant
BROAD STREET ADVISORY LTD
auditor
-
address
153 kingsway, dunmurry, belfast, BT17 9RY
Bank
-
Legal Advisor
-
alpha homes (ni) 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 did not find charges/mortgages relating to alpha homes (ni) limited.
alpha homes (ni) limited Companies House Filings - See Documents
| date | description | view/download |
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