Lancet Homes Limited
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Lancet Homes Limited - overview
Established
2014
Location
Sale, -, UK
Primary Industry
Construction
About
Lancet Homes Limited focuses on developing and selling new residential properties in the North West of England, delivering a range of high-quality homes designed for modern family living. Lancet Homes Limited, founded in 2014, specializes in the construction and sale of new residential properties. The company operates from its headquarters in England and has successfully positioned itself in key regions including Greater Manchester, Lancashire, and Cumbria. The founder has a background in property development, although specific prior companies are not mentioned.
The company has been targeting individual buyers through a direct-to-consumer model, enhancing its market presence without known pivots or changes in business strategy. Lancet Homes specializes in the construction and sale of new build residential properties in the North West of England. The company offers a diverse portfolio of family-friendly homes, including 2-, 3-, 4-, and 5-bedroom properties, designed to cater to a wide demographic of homebuyers. Their primary offerings are high-quality detached and semi-detached houses, as well as bungalows, situated in sought-after locations across various regions such as Greater Manchester, Lancashire, and Cumbria.
Lancet Homes aims to address the needs of families seeking modern living spaces in community-centric environments, emphasizing exceptional customer service throughout the purchasing process. Options like Part Exchange and Assisted Move provide solutions for homebuyers looking to transition smoothly into their new residences while maintaining their current properties until completion. Lancet Homes operates on a direct-to-consumer sales model, generating revenue primarily through property sales to individual buyers and families. The transaction structure involves prospective homeowners engaging with the firm to purchase residential properties at set price points, such as starting prices for homes ranging from approximately GBP 290,000 for semi-detached houses to GBP 750,000 for larger detached homes.
Customers may benefit from financial schemes like Part Exchange, where the company acts as a cash buyer for the customer's existing home, thereby simplifying the sales process. The anticipated revenue streams are bolstered by the development of various residential projects under the brand, ensuring a steady demand for their flagship properties in the competitive North West housing market.
Primary Industry
Construction
Sub Industries
Construction
Website
www.lancet-homes.co.uk
Total Amount Raised
Subscriber access only
Lancet Homes Limited - financials
| Fiscal Year Ended | Sep 24, 2018 | Sep 24, 2019 | Sep 24, 2020 | Sep 24, 2021 | Sep 24, 2022 | Sep 24, 2023 |
|---|---|---|---|---|---|---|
| Revenue (USD) | 5,287,000 | 6,495,000 | 6,250,000 | - | - | - |
| % Revenue Growth (YoY) | - | 22.8% | (3.8%) | - | - | - |
| EBITDA (USD) | 629,000 | 732,000 | 650,000 | - | - | - |
| Operating Income (USD) | 629,000 | 732,000 | 650,000 | - | - | - |
| Operating Margin | 11.9% | 11.3% | 10.4% | - | - | - |
| % EBITDA Margin | 11.9% | 11.3% | 10.4% | - | - | - |
| NET Income (USD) | 393,000 | 397,000 | 368,000 | - | - | - |
| % Net Margin | 7.4% | 6.1% | 5.9% | - | - | - |

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