strand homes ltd

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strand homes ltd Company Information

Share STRAND HOMES LTD

Company Number

NI637259

Shareholders

robert dobson

jonathan dobson

Group Structure

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Industry

Buying and selling of own real estate

 +1

Registered Address

24 sandown road, belfast, BT5 6GY

strand homes ltd Estimated Valuation

£2.2m

Pomanda estimates the enterprise value of STRAND HOMES LTD at £2.2m based on a Turnover of £1.3m and 1.78x industry multiple (adjusted for size and gross margin).

strand homes ltd Estimated Valuation

£1.1m

Pomanda estimates the enterprise value of STRAND HOMES LTD at £1.1m based on an EBITDA of £208.4k and a 5.2x industry multiple (adjusted for size and gross margin).

strand homes ltd Estimated Valuation

£0

Pomanda estimates the enterprise value of STRAND HOMES LTD at £0 based on Net Assets of £-697.8k and 1.49x industry multiple (adjusted for liquidity).

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Strand Homes Ltd Overview

Strand Homes Ltd is a live company located in belfast, BT5 6GY with a Companies House number of NI637259. It operates in the development of building projects sector, SIC Code 41100. Founded in March 2016, it's largest shareholder is robert dobson with a 100% stake. Strand Homes Ltd is a young, small sized company, Pomanda has estimated its turnover at £1.3m with declining growth in recent years.

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Strand Homes Ltd Health Check

Pomanda's financial health check has awarded Strand Homes Ltd a 4 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 3 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating4out of 5
positive_score

2 Strong

positive_score

6 Regular

positive_score

3 Weak

size

Size

annual sales of £1.3m, make it in line with the average company (£1.6m)

£1.3m - Strand Homes Ltd

£1.6m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -1%, show it is growing at a slower rate (4.5%)

-1% - Strand Homes Ltd

4.5% - Industry AVG

production

Production

with a gross margin of 46.9%, this company has a comparable cost of product (46.9%)

46.9% - Strand Homes Ltd

46.9% - Industry AVG

profitability

Profitability

an operating margin of 15.7% make it as profitable than the average company (16.9%)

15.7% - Strand Homes Ltd

16.9% - Industry AVG

employees

Employees

with 6 employees, this is similar to the industry average (5)

6 - Strand Homes Ltd

5 - Industry AVG

paystructure

Pay Structure

on an average salary of £43.3k, the company has an equivalent pay structure (£43.3k)

£43.3k - Strand Homes Ltd

£43.3k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £209.6k, this is equally as efficient (£236.3k)

£209.6k - Strand Homes Ltd

£236.3k - Industry AVG

debtordays

Debtor Days

There is insufficient data available for this Key Performance Indicator!

- - Strand Homes Ltd

- - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 118 days, this is slower than average (31 days)

118 days - Strand Homes Ltd

31 days - Industry AVG

stockdays

Stock Days

it holds stock equivalent to 1967 days, this is more than average (317 days)

1967 days - Strand Homes Ltd

317 days - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 13 weeks, this is more cash available to meet short term requirements (9 weeks)

13 weeks - Strand Homes Ltd

9 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 115.2%, this is a higher level of debt than the average (68.6%)

115.2% - Strand Homes Ltd

68.6% - Industry AVG

STRAND HOMES LTD financials

EXPORTms excel logo

Strand Homes Ltd's latest turnover from March 2024 is estimated at £1.3 million and the company has net assets of -£697.8 thousand. According to their latest financial statements, we estimate that Strand Homes Ltd has 6 employees and maintains cash reserves of £720.7 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017
Turnover1,257,3091,896,447356,8341,282,866253,408679,919540,7708,856,392
Other Income Or Grants
Cost Of Sales667,9581,021,685195,804693,255133,289349,449277,0564,492,201
Gross Profit589,351874,761161,030589,611120,118330,470263,7144,364,191
Admin Expenses391,857772,739326,737968,738357,783410,902298,0224,064,446
Operating Profit197,494102,022-165,707-379,127-237,665-80,432-34,308299,745
Interest Payable297,903154,20614,664
Interest Receivable19,7663,8111,5481881921,063252114
Pre-Tax Profit-80,643-48,373-178,823-378,939-237,473-79,369-34,056299,859
Tax-59,972
Profit After Tax-80,643-48,373-178,823-378,939-237,473-79,369-34,056239,887
Dividends Paid
Retained Profit-80,643-48,373-178,823-378,939-237,473-79,369-34,056239,887
Employee Costs260,078368,97581,215236,91182,229121,84777,44176,331
Number Of Employees69262322
EBITDA*208,446107,787-161,742-375,767-233,825-77,916-31,808302,204

* Earnings Before Interest, Tax, Depreciation and Amortisation

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017
Tangible Assets177,535186,587162,390166,185164,058112,01120,04122,541
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets177,535186,587162,390166,185164,058112,01120,04122,541
Stock & work in progress3,600,9204,081,3272,462,7911,761,9762,516,9842,240,3782,193,6882,119,602
Trade Debtors5,000225,00022,9111,670,000
Group Debtors61,963128,415
Misc Debtors99,49650,82338,17969,93730,71220,25320,00710,820
Cash720,68532,310147,038265,840110,764273,8959,69091,211
misc current assets
total current assets4,421,1014,169,4602,648,0082,322,7532,681,3712,596,4892,351,8003,891,633
total assets4,598,6364,356,0472,810,3982,488,9382,845,4292,708,5002,371,8413,914,174
Bank overdraft307,7971,413,004434,490
Bank loan
Trade Creditors 216,604685,17819,62852,8641,146463,652
Group/Directors Accounts1,372,9261,372,9262,699,3202,265,2182,265,8952,475,4242,043,0112,471,558
other short term finances
hp & lease commitments
other current liabilities982,819338,245223,297558,370586,9634,17919,189634,567
total current liabilities2,880,1463,809,3533,376,7352,876,4522,854,0042,479,6032,062,2003,569,777
loans2,413,8431,161,404
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions2,4342,4342,4342,4342,4342,4333,8084,508
total long term liabilities2,416,2771,163,8382,4342,4342,4342,4333,8084,508
total liabilities5,296,4234,973,1913,379,1692,878,8862,856,4382,482,0362,066,0083,574,285
net assets-697,787-617,144-568,771-389,948-11,009226,464305,833339,889
total shareholders funds-697,787-617,144-568,771-389,948-11,009226,464305,833339,889
Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017
Operating Activities
Operating Profit197,494102,022-165,707-379,127-237,665-80,432-34,308299,745
Depreciation10,9525,7653,9653,3603,8402,5162,5002,459
Amortisation
Tax-59,972
Stock-480,4071,618,536700,815-755,008276,60646,69074,0862,119,602
Debtors43,67317,644-256,758241,314-28,593-66,206-1,532,3981,680,820
Creditors-468,574665,550-33,23651,7181,146-463,652463,652
Accruals and Deferred Income644,574114,948-335,073-28,593582,784-15,010-615,378634,567
Deferred Taxes & Provisions1-1,375-7004,508
Cash flow from operations821,180-747,895-974,108161,052102,093-74,785346,774-2,455,463
Investing Activities
capital expenditure-1,900-29,962-170-5,487-55,887-94,486-25,000
Change in Investments
cash flow from investments-1,900-29,962-170-5,487-55,887-94,486-25,000
Financing Activities
Bank loans
Group/Directors Accounts-1,326,394434,102-677-209,529432,413-428,5472,471,558
Other Short Term Loans
Long term loans1,252,4391,161,404
Hire Purchase and Lease Commitments
other long term liabilities
share issue100,002
interest-278,137-150,395-13,1161881921,063252114
cash flow from financing974,302-315,385420,986-489-209,337433,476-428,2952,571,674
cash and cash equivalents
cash688,375-114,728-118,802155,076-163,131264,205-81,52191,211
overdraft-1,105,207978,514434,490
change in cash1,793,582-1,093,242-553,292155,076-163,131264,205-81,52191,211

strand homes ltd Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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Strand Homes Ltd Competitor Analysis

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Perform a competitor analysis for strand homes ltd by selecting its closest rivals, whether from the CONSTRUCTION sector, other small companies, companies in BT5 area or any other competitors across 12 key performance metrics.

strand homes ltd Ownership

STRAND HOMES LTD group structure

Strand Homes Ltd has no subsidiary companies.

Ultimate parent company

STRAND HOMES LTD

NI637259

STRAND HOMES LTD Shareholders

robert dobson 100%
jonathan dobson 0%

strand homes ltd directors

Strand Homes Ltd currently has 1 director, Mr Jonathan Dobson serving since Mar 2016.

officercountryagestartendrole
Mr Jonathan DobsonNorthern Ireland44 years Mar 2016- Director

P&L

March 2024

turnover

1.3m

-34%

operating profit

197.5k

0%

gross margin

46.9%

+1.62%

turnover

Turnover, or revenue, is the amount of sales generated by a company within the financial year.

Balance Sheet

March 2024

net assets

-697.8k

+0.13%

total assets

4.6m

+0.06%

cash

720.7k

+21.31%

net assets

Total assets minus all liabilities

strand homes ltd company details

company number

NI637259

Type

Private limited with Share Capital

industry

68100 - Buying and selling of own real estate

41100 - Development of building projects

incorporation date

March 2016

age

9

incorporated

UK

ultimate parent company

None

accounts

Total Exemption Full

last accounts submitted

March 2024

previous names

dunrich properties limited (January 2020)

anns8 limited (April 2016)

accountant

ALLEN FLEMING CA LIMITED

auditor

-

address

24 sandown road, belfast, BT5 6GY

Bank

-

Legal Advisor

-

strand homes 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 4 charges/mortgages relating to strand homes ltd. Currently there are 3 open charges and 1 have been satisfied in the past.

strand homes 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.

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strand homes ltd Companies House Filings - See Documents

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