cruden homes (longniddry) limited
cruden homes (longniddry) limited Company Information
Company Number
SC615075
Next Accounts
Dec 2025
Industry
Development of building projects
Shareholders
cruden ventures limited
Group Structure
View All
Contact
Registered Address
16 walker street, edinburgh, EH3 7LP
cruden homes (longniddry) limited Estimated Valuation
Pomanda estimates the enterprise value of CRUDEN HOMES (LONGNIDDRY) LIMITED at £3.6m based on a Turnover of £7.9m and 0.46x industry multiple (adjusted for size and gross margin).
cruden homes (longniddry) limited Estimated Valuation
Pomanda estimates the enterprise value of CRUDEN HOMES (LONGNIDDRY) LIMITED at £3.4m based on an EBITDA of £1m and a 3.33x industry multiple (adjusted for size and gross margin).
cruden homes (longniddry) limited Estimated Valuation
Pomanda estimates the enterprise value of CRUDEN HOMES (LONGNIDDRY) LIMITED at £50.9k based on Net Assets of £37k and 1.38x industry multiple (adjusted for liquidity).
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Cruden Homes (longniddry) Limited Overview
Cruden Homes (longniddry) Limited is a live company located in edinburgh, EH3 7LP with a Companies House number of SC615075. It operates in the development of building projects sector, SIC Code 41100. Founded in November 2018, it's largest shareholder is cruden ventures limited with a 100% stake. Cruden Homes (longniddry) Limited is a young, mid sized company, Pomanda has estimated its turnover at £7.9m with rapid growth in recent years.
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Cruden Homes (longniddry) Limited Health Check
Pomanda's financial health check has awarded Cruden Homes (Longniddry) Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 6 measures and has 3 areas for improvement. Company Health Check FAQs
6 Strong
0 Regular
3 Weak
Size
annual sales of £7.9m, make it larger than the average company (£2.4m)
£7.9m - Cruden Homes (longniddry) Limited
£2.4m - Industry AVG
Growth
3 year (CAGR) sales growth of 97%, show it is growing at a faster rate (6%)
97% - Cruden Homes (longniddry) Limited
6% - Industry AVG
Production
with a gross margin of 13.7%, this company has a higher cost of product (25.5%)
13.7% - Cruden Homes (longniddry) Limited
25.5% - Industry AVG
Profitability
an operating margin of 13.1% make it more profitable than the average company (7.5%)
13.1% - Cruden Homes (longniddry) Limited
7.5% - Industry AVG
Employees
with 3 employees, this is below the industry average (6)
3 - Cruden Homes (longniddry) Limited
6 - Industry AVG
Pay Structure
There is insufficient data available for this Key Performance Indicator!
- - Cruden Homes (longniddry) Limited
- - Industry AVG
Efficiency
resulting in sales per employee of £2.6m, this is more efficient (£285.4k)
£2.6m - Cruden Homes (longniddry) Limited
£285.4k - Industry AVG
Debtor Days
it gets paid by customers after 0 days, this is earlier than average (27 days)
0 days - Cruden Homes (longniddry) Limited
27 days - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- - Cruden Homes (longniddry) Limited
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Cruden Homes (longniddry) Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 55 weeks, this is more cash available to meet short term requirements (12 weeks)
55 weeks - Cruden Homes (longniddry) Limited
12 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 88.3%, this is a higher level of debt than the average (73.6%)
88.3% - Cruden Homes (longniddry) Limited
73.6% - Industry AVG
CRUDEN HOMES (LONGNIDDRY) LIMITED financials
Cruden Homes (Longniddry) Limited's latest turnover from March 2024 is £7.9 million and the company has net assets of £37 thousand. According to their latest financial statements, Cruden Homes (Longniddry) Limited has 3 employees and maintains cash reserves of £299 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | |
|---|---|---|---|---|---|
| Turnover | 7,899,000 | 17,559,000 | 7,375,000 | 1,033,597 | 0 |
| Other Income Or Grants | 0 | 0 | 0 | 0 | 0 |
| Cost Of Sales | 6,815,000 | 15,225,000 | 6,408,000 | 981,918 | 0 |
| Gross Profit | 1,084,000 | 2,334,000 | 967,000 | 51,679 | 0 |
| Admin Expenses | |||||
| Operating Profit | |||||
| Interest Payable | 0 | 0 | 0 | 0 | 0 |
| Interest Receivable | 0 | 0 | 0 | 0 | 0 |
| Pre-Tax Profit | 1,074,000 | 2,329,000 | 963,000 | 47,174 | -2,721 |
| Tax | -270,000 | -442,000 | -183,000 | -8,963 | 517 |
| Profit After Tax | 804,000 | 1,887,000 | 780,000 | 38,211 | -2,204 |
| Dividends Paid | 3,470,000 | 0 | 0 | 0 | 0 |
| Retained Profit | -2,666,000 | 1,887,000 | 780,000 | 38,211 | -2,204 |
| Employee Costs | 0 | 0 | 0 | 0 | 0 |
| Number Of Employees | 3 | 3 | |||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | |
|---|---|---|---|---|---|
| Tangible Assets | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 0 | 0 | 0 | 0 | 0 |
| Stock & work in progress | 0 | 4,250,000 | 9,602,000 | 8,433,444 | 3,692,555 |
| Trade Debtors | 15,000 | 15,000 | 15,000 | 93,933 | 0 |
| Group Debtors | 0 | 12,000 | 0 | 6,214 | 0 |
| Misc Debtors | 1,000 | 9,000 | 4,000 | 8,874 | 904,771 |
| Cash | 299,000 | 1,041,000 | 3,146,000 | 30,624 | 243,634 |
| misc current assets | 0 | 0 | 0 | 0 | 0 |
| total current assets | 315,000 | 5,327,000 | 12,767,000 | 8,573,089 | 4,840,960 |
| total assets | 315,000 | 5,327,000 | 12,767,000 | 8,573,089 | 4,840,960 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 5,780,000 | 0 | 0 |
| Trade Creditors | 0 | 0 | 0 | 1,050 | 540 |
| Group/Directors Accounts | 5,000 | 2,178,000 | 5,955,000 | 437,778 | 1,098,080 |
| other short term finances | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 273,000 | 446,000 | 216,000 | 55,105 | 2,564 |
| total current liabilities | 278,000 | 2,624,000 | 11,951,000 | 493,933 | 1,101,184 |
| loans | 0 | 0 | 0 | 8,043,147 | 3,741,978 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 8,043,147 | 3,741,978 |
| total liabilities | 278,000 | 2,624,000 | 11,951,000 | 8,537,080 | 4,843,162 |
| net assets | 37,000 | 2,703,000 | 816,000 | 36,009 | -2,202 |
| total shareholders funds | 37,000 | 2,703,000 | 816,000 | 36,009 | -2,202 |
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | |
|---|---|---|---|---|---|
| Operating Activities | |||||
| Operating Profit | |||||
| Depreciation | 0 | 0 | 0 | 0 | 0 |
| Amortisation | 0 | 0 | 0 | 0 | 0 |
| Tax | -270,000 | -442,000 | -183,000 | -8,963 | 517 |
| Stock | -4,250,000 | -5,352,000 | 1,168,556 | 4,740,889 | 3,692,555 |
| Debtors | -20,000 | 17,000 | -90,021 | -795,750 | 904,771 |
| Creditors | 0 | 0 | -1,050 | 510 | 540 |
| Accruals and Deferred Income | -173,000 | 230,000 | 160,895 | 52,541 | 2,564 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | |||||
| Investing Activities | |||||
| capital expenditure | |||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | |||||
| Financing Activities | |||||
| Bank loans | 0 | -5,780,000 | 5,780,000 | 0 | 0 |
| Group/Directors Accounts | -2,173,000 | -3,777,000 | 5,517,222 | -660,302 | 1,098,080 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | -8,043,147 | 4,301,169 | 3,741,978 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||
| interest | 0 | 0 | 0 | 0 | 0 |
| cash flow from financing | -2,173,000 | -9,557,000 | 3,254,066 | 3,640,867 | 4,840,060 |
| cash and cash equivalents | |||||
| cash | -742,000 | -2,105,000 | 3,115,376 | -213,010 | 243,634 |
| overdraft | 0 | 0 | 0 | 0 | 0 |
| change in cash | -742,000 | -2,105,000 | 3,115,376 | -213,010 | 243,634 |
cruden homes (longniddry) limited Credit Report and Business Information
Cruden Homes (longniddry) Limited Competitor Analysis
Perform a competitor analysis for cruden homes (longniddry) limited by selecting its closest rivals, whether from the CONSTRUCTION sector, other mid companies, companies in EH3 area or any other competitors across 12 key performance metrics.
cruden homes (longniddry) limited Ownership
CRUDEN HOMES (LONGNIDDRY) LIMITED group structure
Cruden Homes (Longniddry) Limited has no subsidiary companies.
Ultimate parent company
2 parents
CRUDEN HOMES (LONGNIDDRY) LIMITED
SC615075
cruden homes (longniddry) limited directors
Cruden Homes (Longniddry) Limited currently has 3 directors. The longest serving directors include Mr Kevin Reid (Nov 2018) and Mr Steven Simpson (Nov 2018).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Kevin Reid | Scotland | 57 years | Nov 2018 | - | Director |
| Mr Steven Simpson | Scotland | 57 years | Nov 2018 | - | Director |
| Mr Euan Haggerty | Scotland | 47 years | Mar 2020 | - | Director |
P&L
March 2024turnover
7.9m
-55%
operating profit
1m
0%
gross margin
13.8%
+3.24%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2024net assets
37k
-0.99%
total assets
315k
-0.94%
cash
299k
-0.71%
net assets
Total assets minus all liabilities
cruden homes (longniddry) limited company details
company number
SC615075
Type
Private limited with Share Capital
industry
41100 - Development of building projects
incorporation date
November 2018
age
7
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
March 2024
previous names
N/A
accountant
-
auditor
RSM UK AUDIT LLP
address
16 walker street, edinburgh, EH3 7LP
Bank
BANK OF SCOTLAND
Legal Advisor
BURNESS PAULL LLP
cruden homes (longniddry) 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 5 charges/mortgages relating to cruden homes (longniddry) limited. Currently there are 0 open charges and 5 have been satisfied in the past.
cruden homes (longniddry) 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.
Click to start generating capital raising & share issue transactions for CRUDEN HOMES (LONGNIDDRY) LIMITED. This can take several minutes, an email will notify you when this has completed.
cruden homes (longniddry) limited Companies House Filings - See Documents
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