Prospect

Target status: x

Upload date: 31/01/2019
Last updated on: 26/11/2020

Who are the important people in the company?

• Mr. Neil Adlington
Correspondence address: Bonks Hill House, Bonks Hill, High Wych Road, Sawbridgeworth, Hertfordshire, CM21 9HT
Date of birth: September 1967
Nationality: British
Country of residence: England
Nature of control
Ownership of shares – More than 25% but not more than 50%
Occupation: Formerly COO, but it is possible that he retired and kept the role of a company shareholder

Mr Oliver Bookway
Correspondence address: Bonks Hill House, Bonks Hill, High Wych Road, Sawbridgeworth, Hertfordshire, CM21 9HT
Date of birth: August 1970
Nationality: British
Country of residence: England
Nature of control
Ownership of shares – More than 50% but not more than 75%
Occupation: CEO

What is the structure of the company?

• Statement of Capital (Share Capital)
Class of Shares: ORDINARY
Currency: GBP
Number Allotted: 1052
Aggregate nominal value: 1052
Prescribed Particulars: Full

• Statement of Capital (Share Capital)
Class of Shares: B ORDINARY
Currency: GBP
Number Allotted: 4
Aggregate nominal value: 4
Prescribed Particulars:
B ORDINARY shares rank PARI PASSU in all respects with ORDINARY shares except that different dividends may be declared on each class.

• Statement of Capital (Total)
Currency: GBP
Total Number of shares: 1056
Total Aggregate nominal value: 1056

Full Details of Shareholders

Shareholding 1: 679 ORDINARY shares held as at the date of this confirmation statement (13/11/2019, but no further updates have been published ever since)
Name: Oliver Hookway

Shareholding 2: 2 B ORDINARY shares held as at the date of this confirmation statement (13/11/2019, but no further updates have been published ever since)
Name: Oliver Hookway

Shareholding 3: 12 transferred on 2019-09-20
321 ORDINARY shares held as at the date of this confirmation statement (13/11/2019, but no further updates have been published ever since)
Name: Neil Adlington

Shareholding 4: 1 B ORDINARY shares held as at the date of this confirmation statement (13/11/2019, but no further updates have been published ever since)
Name: Neil Adlington

Shareholding 5: 52 ORDINARY shares held as at the date of this confirmation statement (13/11/2019, but no further updates have been published ever since)
Name: Nigel Tedder

Shareholding 6: 1 B ORDINARY shares held as at the date of this confirmation statement (13/11/2019, but no further updates have been published ever since)
Name: Nigel Tedder

What is the prospect’s strategy and ambitions?

Strategy

Based on their Annual report 2018:

• They are working to secure new opportunities to maintain and grow their development pipeline

• Customer Satisfaction oriented: They consider it to be a key non-financial performance indicator

• Workforce Attraction & Retention: Attracting and retaining long-term personnel is very important to the long-term success of the Group.

• Business Risk Management: The Group has appropriate disaster recovery plans in place.

• Quality Oriented: They wish to go the extra mile to provide exceptional quality at every stage.

• Health & Safety: There is an inherent risk within the construction business, they make sure they have strong systems in place to mitigate as far as possible any risk.

• Pensions: Defined Contribution Plan for their Employees

Market Risks & Uncertainties Related to their Field:

• Housing Market: The housing market will always have an element of fluctuation within it based on both supply and demand as well as affordability.

• House Prices: There are risks to achievable prices both from a general market value and competitors pricing and location to their site.

• Land: Ability to source both developable and affordable land.

Ambitions

• To grow organically and enhance their profitability

• Establish their brand reputation nationally

• Potential Geographical Expansion

Who are the prospect's customers?

  • First time home buyers
  • Contractors
  • Families

Customer Reviews

N/A

What does the prospect consider important for its customers?

  • High Specification Houses
  • Energy-efficient homes
  • Custom Designs
  • Great locations
  • Long-lasting relationships

Who are the prospect's staff?

The average monthly number of persons (including directors) employed by the group and company for 15 months ended on 31st December 2018, amounted to 28 (2017:21)

Employee Reviews

N/A

What are the prospect’s unique selling points (USPs)?

  • Family oriented business
  • Custom made solutions for every budget and every home
  • Casual environment which includes a large group of experts
  • Provides buyers scheme

What are the prospect’s business activities and potentials?

They’re a local, family-run property development company mainly focused on house and land sales.

Annual Report File

Locations

3-5 Bolding Hatch Business Centre, Bishops Stortford Road, Chelmsford, Essex CM1 4LF, GB

Social Media

Facebook

Instagram

LinkedIn

Who are the prospect’s competitors?

Competitors List (alphabetical order)
Criterion: Industry subcategory, Company Size and Product

MARTIN & CO. (U.K.) LIMITED
Employee Count: 34:2019

Springbok Properties Limited
Employee Count: 68:2020 (till May)

Winkworth Franchising Limited
Employee Count: 28:2019