colaren homes ltd.
colaren homes ltd. Company Information
Company Number
SC273480
Website
www.colarenhomes.co.ukRegistered Address
colaren house burnthill, fraserburgh, aberdeenshire, AB43 7EJ
Industry
Other business support service activities n.e.c.
Telephone
01346518035
Next Accounts Due
11 days late
Group Structure
View All
Shareholders
colin webster smith 76%
mrs karen smith 24%
colaren homes ltd. Estimated Valuation
Pomanda estimates the enterprise value of COLAREN HOMES LTD. at £7.2m based on a Turnover of £12.2m and 0.59x industry multiple (adjusted for size and gross margin).
colaren homes ltd. Estimated Valuation
Pomanda estimates the enterprise value of COLAREN HOMES LTD. at £7.1m based on an EBITDA of £1.6m and a 4.51x industry multiple (adjusted for size and gross margin).
colaren homes ltd. Estimated Valuation
Pomanda estimates the enterprise value of COLAREN HOMES LTD. at £28.5m based on Net Assets of £11.1m and 2.57x industry multiple (adjusted for liquidity).
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Colaren Homes Ltd. Overview
Colaren Homes Ltd. is a live company located in aberdeenshire, AB43 7EJ with a Companies House number of SC273480. It operates in the other business support service activities n.e.c. sector, SIC Code 82990. Founded in September 2004, it's largest shareholder is colin webster smith with a 76% stake. Colaren Homes Ltd. is a mature, mid sized company, Pomanda has estimated its turnover at £12.2m with healthy growth in recent years.
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Colaren Homes Ltd. Health Check
Pomanda's financial health check has awarded Colaren Homes Ltd. a 5 rating. We use a traffic light system to show it exceeds the industry average on 9 measures and has 2 areas for improvement. Company Health Check FAQs
9 Strong
1 Regular
2 Weak
Size
annual sales of £12.2m, make it larger than the average company (£3.8m)
£12.2m - Colaren Homes Ltd.
£3.8m - Industry AVG
Growth
3 year (CAGR) sales growth of 15%, show it is growing at a faster rate (3%)
- Colaren Homes Ltd.
3% - Industry AVG
Production
with a gross margin of 23.9%, this company has a higher cost of product (38.7%)
23.9% - Colaren Homes Ltd.
38.7% - Industry AVG
Profitability
an operating margin of 10.2% make it more profitable than the average company (6.3%)
10.2% - Colaren Homes Ltd.
6.3% - Industry AVG
Employees
with 36 employees, this is above the industry average (25)
36 - Colaren Homes Ltd.
25 - Industry AVG
Pay Structure
on an average salary of £12.7k, the company has a lower pay structure (£50.6k)
£12.7k - Colaren Homes Ltd.
£50.6k - Industry AVG
Efficiency
resulting in sales per employee of £339.5k, this is more efficient (£157.8k)
£339.5k - Colaren Homes Ltd.
£157.8k - Industry AVG
Debtor Days
it gets paid by customers after 0 days, this is earlier than average (44 days)
0 days - Colaren Homes Ltd.
44 days - Industry AVG
Creditor Days
its suppliers are paid after 33 days, this is close to average (33 days)
33 days - Colaren Homes Ltd.
33 days - Industry AVG
Stock Days
it holds stock equivalent to 308 days, this is more than average (32 days)
308 days - Colaren Homes Ltd.
32 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 108 weeks, this is more cash available to meet short term requirements (24 weeks)
108 weeks - Colaren Homes Ltd.
24 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 22%, this is a lower level of debt than the average (63.8%)
22% - Colaren Homes Ltd.
63.8% - Industry AVG
COLAREN HOMES LTD. financials
Colaren Homes Ltd.'s latest turnover from December 2022 is £12.2 million and the company has net assets of £11.1 million. According to their latest financial statements, Colaren Homes Ltd. has 36 employees and maintains cash reserves of £4.1 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 12,222,350 | 8,500,978 | 11,662,559 | 6,821,274 | ||||||||||
| Other Income Or Grants | 0 | 0 | 0 | 0 | ||||||||||
| Cost Of Sales | 9,302,547 | 6,315,275 | 8,460,053 | 5,114,560 | ||||||||||
| Gross Profit | 2,919,803 | 2,185,703 | 3,202,506 | 1,706,714 | ||||||||||
| Admin Expenses | 1,672,702 | 890,319 | 828,853 | 637,057 | ||||||||||
| Operating Profit | 1,247,101 | 1,295,384 | 2,373,653 | 1,069,657 | ||||||||||
| Interest Payable | 24,050 | 27,644 | 24,175 | 10,184 | ||||||||||
| Interest Receivable | 10,245 | 1,973 | 1,018 | 1,047 | ||||||||||
| Pre-Tax Profit | 1,233,296 | 1,269,396 | 2,350,075 | 1,059,775 | ||||||||||
| Tax | -226,478 | -254,790 | -476,215 | -225,389 | ||||||||||
| Profit After Tax | 1,006,818 | 1,014,606 | 1,873,860 | 834,386 | ||||||||||
| Dividends Paid | 156,000 | 91,500 | 150,000 | 131,050 | ||||||||||
| Retained Profit | 850,818 | 923,106 | 1,723,860 | 703,336 | ||||||||||
| Employee Costs | 456,406 | 937,079 | 1,095,001 | 693,885 | ||||||||||
| Number Of Employees | 36 | 37 | 33 | 33 | 33 | 32 | 33 | 35 | 26 | |||||
| EBITDA* | 1,575,015 | 1,467,811 | 2,520,475 | 1,247,076 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 1,613,924 | 1,716,218 | 1,266,928 | 1,367,269 | 1,190,323 | 1,144,254 | 1,039,581 | 1,046,207 | 843,908 | 624,026 | 565,553 | 181,031 | 135,817 | 147,304 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 207,500 | 137,317 | 137,738 | 125,000 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 1,613,924 | 1,716,218 | 1,266,928 | 1,367,269 | 1,190,323 | 1,144,254 | 1,247,081 | 1,183,524 | 981,646 | 749,026 | 565,553 | 181,031 | 135,817 | 147,304 |
| Stock & work in progress | 7,873,978 | 9,261,470 | 9,568,174 | 9,085,475 | 7,797,652 | 6,912,585 | 6,417,891 | 5,536,613 | 3,503,045 | 1,368,292 | 2,210,182 | 2,051,824 | 2,402,332 | 2,581,578 |
| Trade Debtors | 5,751 | 55,180 | 48,271 | 99,214 | 35,211 | 57,952 | 56,944 | 80,745 | 256,682 | 126,972 | 183,683 | 121,282 | 122,933 | 42,424 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 13,634 | 7,602 | 0 | 0 | 0 | 0 | 0 | 60,000 |
| Misc Debtors | 646,746 | 970,316 | 1,346,296 | 1,281,868 | 1,429,717 | 1,004,541 | 1,234,815 | 1,043,136 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 4,086,937 | 1,695,719 | 264,178 | 281,204 | 665,899 | 1,152,536 | 488,816 | 471,536 | 838,047 | 1,657,355 | 351,823 | 222,297 | 160,485 | 0 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 12,613,412 | 11,982,685 | 11,226,919 | 10,747,761 | 9,928,479 | 9,127,614 | 8,212,100 | 7,139,632 | 4,597,774 | 3,152,619 | 2,745,688 | 2,395,403 | 2,685,750 | 2,684,002 |
| total assets | 14,227,336 | 13,698,903 | 12,493,847 | 12,115,030 | 11,118,802 | 10,271,868 | 9,459,181 | 8,323,156 | 5,579,420 | 3,901,645 | 3,311,241 | 2,576,434 | 2,821,567 | 2,831,306 |
| Bank overdraft | 9,870 | 9,626 | 19,756 | 775,983 | 458,893 | 579,195 | 611,088 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 858,936 | 1,056,172 | 857,898 | 643,578 | 958,913 | 832,148 | 1,148,319 | 1,122,651 | 1,990,827 | 1,209,695 | 1,278,793 | 950,152 | 1,455,577 | 1,585,388 |
| Group/Directors Accounts | 10,730 | 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 |
| hp & lease commitments | 279,420 | 217,799 | 151,752 | 172,575 | 113,828 | 133,806 | 136,124 | 130,175 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 807,063 | 900,067 | 974,144 | 708,565 | 823,231 | 809,599 | 546,065 | 966,699 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 1,966,019 | 2,183,664 | 2,003,550 | 2,300,701 | 2,354,865 | 2,354,748 | 2,441,596 | 2,219,525 | 1,990,827 | 1,209,695 | 1,278,793 | 950,152 | 1,455,577 | 1,585,388 |
| loans | 25,780 | 35,650 | 50,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 328,423 | 354,595 | 184,697 | 258,347 | 170,263 | 137,623 | 98,357 | 174,343 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 224,143 | 82,396 | 112,048 | 25,471 | 0 | 694 |
| provisions | 809,573 | 878,271 | 1,010,581 | 1,065,324 | 930,595 | 1,094,242 | 1,002,120 | 935,286 | 94,308 | 42,748 | 66,502 | 35,265 | 23,660 | 22,119 |
| total long term liabilities | 1,163,776 | 1,268,516 | 1,245,278 | 1,323,671 | 1,100,858 | 1,231,865 | 1,100,477 | 1,109,629 | 318,451 | 125,144 | 178,550 | 60,736 | 23,660 | 22,813 |
| total liabilities | 3,129,795 | 3,452,180 | 3,248,828 | 3,624,372 | 3,455,723 | 3,586,613 | 3,542,073 | 3,329,154 | 2,309,278 | 1,334,839 | 1,457,343 | 1,010,888 | 1,479,237 | 1,608,201 |
| net assets | 11,097,541 | 10,246,723 | 9,245,019 | 8,490,658 | 7,663,079 | 6,685,255 | 5,917,108 | 4,994,002 | 3,270,142 | 2,566,806 | 1,853,898 | 1,565,546 | 1,342,330 | 1,223,105 |
| total shareholders funds | 11,097,541 | 10,246,723 | 9,245,019 | 8,490,658 | 7,663,079 | 6,685,255 | 5,917,108 | 4,994,002 | 3,270,142 | 2,566,806 | 1,853,898 | 1,565,546 | 1,342,330 | 1,223,105 |
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||||
| Operating Profit | 1,247,101 | 1,295,384 | 2,373,653 | 1,069,657 | ||||||||||
| Depreciation | 327,914 | 271,199 | 235,125 | 219,136 | 200,133 | 201,085 | 172,427 | 146,822 | 177,419 | 102,320 | 79,870 | 48,122 | 36,468 | 39,535 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | -226,478 | -254,790 | -476,215 | -225,389 | ||||||||||
| Stock | -1,387,492 | -306,704 | 482,699 | 1,287,823 | 885,067 | 494,694 | 881,278 | 2,033,568 | 2,134,753 | -841,890 | 158,358 | -350,508 | -179,246 | 2,581,578 |
| Debtors | -372,999 | -369,071 | 13,485 | -83,846 | 402,435 | -242,900 | 173,910 | 874,801 | 129,710 | -56,711 | 62,401 | -1,651 | 20,509 | 102,424 |
| Creditors | -197,236 | 198,274 | 214,320 | -315,335 | 126,765 | -316,171 | 25,668 | -868,176 | 781,132 | -69,098 | 328,641 | -505,425 | -129,811 | 1,585,388 |
| Accruals and Deferred Income | -93,004 | -74,077 | 265,579 | -114,666 | 13,632 | 263,534 | -420,634 | 966,699 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | -68,698 | -132,310 | -54,743 | 134,729 | -163,647 | 92,122 | 66,834 | 840,978 | 51,560 | -23,754 | 31,237 | 11,605 | 1,541 | 22,119 |
| Cash flow from operations | 2,750,090 | -170,299 | 75,392 | -410,084 | ||||||||||
| Investing Activities | ||||||||||||||
| capital expenditure | 0 | -215,953 | -346,297 | -407,036 | ||||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | -207,500 | 70,183 | -421 | 12,738 | 125,000 | 0 | 0 | 0 | 0 |
| cash flow from investments | 0 | -286,136 | -345,876 | -419,774 | ||||||||||
| Financing Activities | ||||||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 10,730 | 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 |
| Long term loans | -9,870 | -14,350 | 50,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 35,449 | 235,945 | -94,473 | 146,831 | 12,662 | 36,948 | -70,037 | 304,518 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -224,143 | 141,747 | -29,652 | 86,577 | 25,471 | -694 | 694 |
| share issue | ||||||||||||||
| interest | -13,805 | -25,671 | -23,157 | -9,137 | ||||||||||
| cash flow from financing | 22,504 | -95,708 | 57,218 | 132,610 | ||||||||||
| cash and cash equivalents | ||||||||||||||
| cash | 2,391,218 | 1,431,541 | -17,026 | -384,695 | -486,637 | 663,720 | 17,280 | -366,511 | -819,308 | 1,305,532 | 129,526 | 61,812 | 160,485 | 0 |
| overdraft | 244 | -10,130 | -756,227 | 317,090 | -120,302 | -31,893 | 611,088 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 2,390,974 | 1,441,671 | 739,201 | -701,785 | -366,335 | 695,613 | -593,808 | -366,511 | -819,308 | 1,305,532 | 129,526 | 61,812 | 160,485 | 0 |
colaren homes ltd. Credit Report and Business Information
Colaren Homes Ltd. Competitor Analysis
Perform a competitor analysis for colaren homes ltd. by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other mid companies, companies in AB43 area or any other competitors across 12 key performance metrics.
colaren homes ltd. Ownership
COLAREN HOMES LTD. group structure
Colaren Homes Ltd. has no subsidiary companies.
Ultimate parent company
COLAREN HOMES LTD.
SC273480
colaren homes ltd. directors
Colaren Homes Ltd. currently has 4 directors. The longest serving directors include Mrs Karen Smith (Sep 2004) and Mr Colin Smith (Sep 2004).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mrs Karen Smith | 60 years | Sep 2004 | - | Director | |
| Mr Colin Smith | Scotland | 58 years | Sep 2004 | - | Director |
| Mr Gary Purves | Scotland | 42 years | Aug 2018 | - | Director |
| Mr Murray Stevenson | Scotland | 34 years | Mar 2022 | - | Director |
P&L
December 2022turnover
12.2m
0%
operating profit
1.2m
0%
gross margin
23.9%
0%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2022net assets
11.1m
+0.08%
total assets
14.2m
+0.04%
cash
4.1m
+1.41%
net assets
Total assets minus all liabilities
colaren homes ltd. company details
company number
SC273480
Type
Private limited with Share Capital
industry
82990 - Other business support service activities n.e.c.
incorporation date
September 2004
age
20
incorporated
UK
accounts
Full Accounts
ultimate parent company
previous names
colaren properties ltd. (June 2014)
last accounts submitted
December 2022
address
colaren house burnthill, fraserburgh, aberdeenshire, AB43 7EJ
accountant
-
auditor
LEIPER & SUMMERS
colaren 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 47 charges/mortgages relating to colaren homes ltd.. Currently there are 11 open charges and 36 have been satisfied in the past.
colaren homes ltd. Companies House Filings - See Documents
| date | description | view/download |
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