Harmoni Homes Limited

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Harmoni Homes Limited - overview

Established

2017

Location

Caerphilly, -, UK

Primary Industry

Construction

About

Harmoni Homes Limited provides innovative housing solutions, specializing in part-buy, part-rent schemes targeted at first-time buyers, thereby addressing the urgent need for affordable housing options in the UK. Founded in 2017, Harmoni Homes Limited focuses on creating accessible housing solutions for first-time buyers and renters in urban and suburban areas of the United Kingdom. The company has not undergone any notable pivots or changes in its business strategy since its inception. The founder's history and any possible subsidiaries or parent companies are not disclosed.


Harmoni Homes specializes in providing innovative housing solutions that include part-buy, part-rent schemes, aimed primarily at first-time buyers looking to enter the property market. These offerings address the urgent need for affordable housing options, particularly for individuals and families who may find traditional home ownership financially prohibitive. By promoting the acquisition of pre-loved homes, Harmoni Homes fosters community engagement and sustainability, revitalizing these properties and making them accessible to new homeowners. The company serves a diverse client base across various geographical markets, focusing specifically on urban and suburban areas in the United Kingdom.


Through their latest developments, Harmoni Homes aims to create a sense of belonging and stability within the affordable housing sector. Harmoni Homes generates revenue through transactions related to their part-buy, part-rent service, facilitating the sale of properties to a broad spectrum of clients. The transaction structure typically involves direct-to-consumer sales, enabling buyers to purchase a share of a home while renting the remaining portion. This approach not only provides immediate housing solutions but also ensures that the company contributes to building more affordable homes for individuals in need.


Specific pricing plans for their properties are not disclosed, but the financial model reflects a commitment to affordability, catering to the needs of first-time buyers. The potential scale of these transactions underscores Harmoni Homes' significant role in addressing housing challenges within the communities they serve. Harmoni Homes Limited is focused on expanding its market presence by launching new housing solutions designed specifically for first-time buyers in additional urban areas across the United Kingdom by the end of 2024. The company plans to utilize recent funding to enhance its technological capabilities, streamline operations, and increase the number of properties available for their part-buy, part-rent schemes, though specific amounts and details regarding the funding are not disclosed.


Primary Industry

Construction

Sub Industries

Construction

Website

https://www.harmonihomes.com

Total Amount Raised

Subscriber access only

Harmoni Homes Limited - financials

Fiscal Year EndedMar 31, 2019Mar 31, 2020Mar 31, 2021Mar 31, 2022Mar 31, 2023
Revenue (USD)6,153,00010,019,000---
% Revenue Growth (YoY)-62.8%---
EBITDA (USD)25,00018,000---
Operating Income (USD)25,00018,000---
Operating Margin0.4%0.2%---
% EBITDA Margin0.4%0.2%---
NET Income (USD)25,00018,000---
% Net Margin0.4%0.2%---

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