flat homes limited
flat homes limited Company Information
Company Number
SC231996
Next Accounts
Dec 2025
Industry
Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.
Directors
Shareholders
trustees of sahl 2005 discretionary trust
Group Structure
View All
Contact
Registered Address
bannerman house, 27 south tay street, dundee, DD1 1NR
Website
www.flatandhomes.co.ukflat homes limited Estimated Valuation
Pomanda estimates the enterprise value of FLAT HOMES LIMITED at £1.7k based on a Turnover of £489 and 3.49x industry multiple (adjusted for size and gross margin).
flat homes limited Estimated Valuation
Pomanda estimates the enterprise value of FLAT HOMES LIMITED at £0 based on an EBITDA of £-24.3k and a 7.2x industry multiple (adjusted for size and gross margin).
flat homes limited Estimated Valuation
Pomanda estimates the enterprise value of FLAT HOMES LIMITED at £866k based on Net Assets of £498.6k and 1.74x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Flat Homes Limited Overview
Flat Homes Limited is a live company located in dundee, DD1 1NR with a Companies House number of SC231996. It operates in the other letting and operating of own or leased real estate sector, SIC Code 68209. Founded in May 2002, it's largest shareholder is trustees of sahl 2005 discretionary trust with a 100% stake. Flat Homes Limited is a mature, micro sized company, Pomanda has estimated its turnover at £489.1 with declining growth in recent years.
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Flat Homes Limited Health Check
Pomanda's financial health check has awarded Flat Homes Limited a 2 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 6 areas for improvement. Company Health Check FAQs
2 Strong
2 Regular
6 Weak
Size
annual sales of £489.1, make it smaller than the average company (£924.2k)
- Flat Homes Limited
£924.2k - Industry AVG
Growth
3 year (CAGR) sales growth of -26%, show it is growing at a slower rate (4.9%)
- Flat Homes Limited
4.9% - Industry AVG
Production
with a gross margin of 75.6%, this company has a comparable cost of product (75.6%)
- Flat Homes Limited
75.6% - Industry AVG
Profitability
an operating margin of -4975.9% make it less profitable than the average company (29.8%)
- Flat Homes Limited
29.8% - Industry AVG
Employees
with 1 employees, this is below the industry average (4)
- Flat Homes Limited
4 - Industry AVG
Pay Structure
on an average salary of £32.3k, the company has an equivalent pay structure (£32.3k)
- Flat Homes Limited
£32.3k - Industry AVG
Efficiency
resulting in sales per employee of £489.1, this is less efficient (£177.7k)
- Flat Homes Limited
£177.7k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Flat Homes Limited
- - Industry AVG
Creditor Days
its suppliers are paid after 660 days, this is slower than average (39 days)
- Flat Homes Limited
39 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Flat Homes Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 2 weeks, this is less cash available to meet short term requirements (12 weeks)
2 weeks - Flat Homes Limited
12 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 34.3%, this is a lower level of debt than the average (64.2%)
34.3% - Flat Homes Limited
64.2% - Industry AVG
FLAT HOMES LIMITED financials
Flat Homes Limited's latest turnover from March 2024 is estimated at £489 and the company has net assets of £498.6 thousand. According to their latest financial statements, we estimate that Flat Homes Limited has 1 employee and maintains cash reserves of £11.1 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 505,000 | 505,000 | 505,000 | 505,000 | 505,000 | 505,000 | 505,000 | 480,000 | 480,000 | 480,000 | 480,000 | 480,000 | 260,000 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 260,000 | 260,000 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 505,000 | 505,000 | 505,000 | 505,000 | 505,000 | 505,000 | 505,000 | 480,000 | 480,000 | 480,000 | 480,000 | 480,000 | 260,000 | 260,000 | 260,000 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 332,181 | 235,181 | 175,181 | 137,487 | 110,000 | 250 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 242,977 | 277,146 | 342,908 | 365,481 | 341,481 | 339,180 | 332,181 | 338,181 | 338,631 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 11,118 | 7,412 | 16,659 | 2,595 | 11,053 | 7,322 | 1,929 | 5,474 | 22,357 | 22,849 | 118,015 | 173,009 | 19,412 | 21,909 | 125,752 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 254,095 | 284,558 | 359,567 | 368,076 | 352,534 | 346,502 | 334,110 | 343,655 | 360,988 | 355,030 | 353,196 | 348,190 | 156,899 | 131,909 | 126,002 |
| total assets | 759,095 | 789,558 | 864,567 | 873,076 | 857,534 | 851,502 | 839,110 | 823,655 | 840,988 | 835,030 | 833,196 | 828,190 | 416,899 | 391,909 | 386,002 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 11,000 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 11,000 | 11,000 | 11,000 | 11,000 | 11,000 | 11,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 216 | 0 | 3,001 | 565 | 234 | 4,561 | 155 | 61 | 6,766 | 217,529 | 217,830 | 215,168 | 206,737 | 208,497 | 208,648 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 216,814 | 223,642 | 214,622 | 229,370 | 219,441 | 213,093 | 204,391 | 205,925 | 205,631 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 217,030 | 223,642 | 228,623 | 240,935 | 230,675 | 228,654 | 215,546 | 216,986 | 223,397 | 217,529 | 217,830 | 215,168 | 206,737 | 208,497 | 208,648 |
| loans | 0 | 0 | 80,000 | 91,000 | 102,000 | 113,000 | 124,000 | 132,150 | 143,150 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 154,150 | 165,150 | 176,150 | 0 | 0 | 0 |
| provisions | 43,490 | 43,490 | 43,490 | 43,490 | 43,490 | 43,490 | 43,490 | 44,156 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 43,490 | 43,490 | 123,490 | 134,490 | 145,490 | 156,490 | 167,490 | 176,306 | 143,150 | 154,150 | 165,150 | 176,150 | 0 | 0 | 0 |
| total liabilities | 260,520 | 267,132 | 352,113 | 375,425 | 376,165 | 385,144 | 383,036 | 393,292 | 366,547 | 371,679 | 382,980 | 391,318 | 206,737 | 208,497 | 208,648 |
| net assets | 498,575 | 522,426 | 512,454 | 497,651 | 481,369 | 466,358 | 456,074 | 430,363 | 474,441 | 463,351 | 450,216 | 436,872 | 210,162 | 183,412 | 177,354 |
| total shareholders funds | 498,575 | 522,426 | 512,454 | 497,651 | 481,369 | 466,358 | 456,074 | 430,363 | 474,441 | 463,351 | 450,216 | 436,872 | 210,162 | 183,412 | 177,354 |
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | |||||||||||||||
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | |||||||||||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | -34,169 | -65,762 | -22,573 | 24,000 | 2,301 | 6,999 | -6,000 | -450 | 6,450 | 97,000 | 60,000 | 37,694 | 27,487 | 109,750 | 250 |
| Creditors | 216 | -3,001 | 2,436 | 331 | -4,327 | 4,406 | 94 | -6,705 | -210,763 | -301 | 2,662 | 8,431 | -1,760 | -151 | 208,648 |
| Accruals and Deferred Income | -6,828 | 9,020 | -14,748 | 9,929 | 6,348 | 8,702 | -1,534 | 294 | 205,631 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | -666 | 44,156 | 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 | 0 | 0 | 0 | -260,000 | 0 | 260,000 |
| cash flow from investments | |||||||||||||||
| Financing Activities | |||||||||||||||
| Bank loans | 0 | -11,000 | 0 | 0 | 0 | 0 | 0 | 11,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | -80,000 | -11,000 | -11,000 | -11,000 | -11,000 | -8,150 | -11,000 | 143,150 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -154,150 | -11,000 | -11,000 | 176,150 | 0 | 0 | 0 |
| share issue | |||||||||||||||
| interest | |||||||||||||||
| cash flow from financing | |||||||||||||||
| cash and cash equivalents | |||||||||||||||
| cash | 3,706 | -9,247 | 14,064 | -8,458 | 3,731 | 5,393 | -3,545 | -16,883 | -492 | -95,166 | -54,994 | 153,597 | -2,497 | -103,843 | 125,752 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -11,000 | 11,000 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 3,706 | -9,247 | 14,064 | -8,458 | 3,731 | 5,393 | -3,545 | -5,883 | -11,492 | -95,166 | -54,994 | 153,597 | -2,497 | -103,843 | 125,752 |
flat homes limited Credit Report and Business Information
Flat Homes Limited Competitor Analysis
Perform a competitor analysis for flat homes limited by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other micro companies, companies in DD1 area or any other competitors across 12 key performance metrics.
flat homes limited Ownership
FLAT HOMES LIMITED group structure
Flat Homes Limited has no subsidiary companies.
Ultimate parent company
FLAT HOMES LIMITED
SC231996
flat homes limited directors
Flat Homes Limited currently has 1 director, Mr Bruce Linton serving since Jul 2002.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Bruce Linton | 71 years | Jul 2002 | - | Director |
P&L
March 2024turnover
489.1
0%
operating profit
-24.3k
0%
gross margin
75.6%
0%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2024net assets
498.6k
-0.05%
total assets
759.1k
-0.04%
cash
11.1k
+0.5%
net assets
Total assets minus all liabilities
flat homes limited company details
company number
SC231996
Type
Private limited with Share Capital
industry
68209 - Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.
incorporation date
May 2002
age
22
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
March 2024
previous names
castlelaw (no.408) limited (July 2002)
accountant
WINTON & CO
auditor
-
address
bannerman house, 27 south tay street, dundee, DD1 1NR
Bank
-
Legal Advisor
-
flat homes 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 2 charges/mortgages relating to flat homes limited. Currently there are 2 open charges and 0 have been satisfied in the past.
flat homes limited 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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flat homes limited Companies House Filings - See Documents
| date | description | view/download |
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