hyelm
hyelm Company Information
Company Number
00244598
Next Accounts
Jun 2025
Shareholders
-
Group Structure
View All
Industry
Other accommodation
Registered Address
43 - 51 new north road, london, N1 6JB
Website
www.hyelm.comhyelm Estimated Valuation
Pomanda estimates the enterprise value of HYELM at £1.9m based on a Turnover of £1.4m and 1.33x industry multiple (adjusted for size and gross margin).
hyelm Estimated Valuation
Pomanda estimates the enterprise value of HYELM at £551.8k based on an EBITDA of £95.3k and a 5.79x industry multiple (adjusted for size and gross margin).
hyelm Estimated Valuation
Pomanda estimates the enterprise value of HYELM at £62.5m based on Net Assets of £32.6m and 1.92x industry multiple (adjusted for liquidity).
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Hyelm Overview
Hyelm is a live company located in london, N1 6JB with a Companies House number of 00244598. It operates in the other accommodation sector, SIC Code 55900. Founded in December 1929, it's largest shareholder is unknown. Hyelm is a mature, small sized company, Pomanda has estimated its turnover at £1.4m with declining growth in recent years.
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Hyelm Health Check
Pomanda's financial health check has awarded Hyelm a 5 rating. We use a traffic light system to show it exceeds the industry average on 6 measures and has 4 areas for improvement. Company Health Check FAQs
6 Strong
1 Regular
4 Weak
Size
annual sales of £1.4m, make it larger than the average company (£900k)
£1.4m - Hyelm
£900k - Industry AVG
Growth
3 year (CAGR) sales growth of 0%, show it is growing at a slower rate (5.3%)
- Hyelm
5.3% - Industry AVG
Production
with a gross margin of 56.8%, this company has a comparable cost of product (56.8%)
56.8% - Hyelm
56.8% - Industry AVG
Profitability
an operating margin of -20.4% make it less profitable than the average company (5.6%)
-20.4% - Hyelm
5.6% - Industry AVG
Employees
with 7 employees, this is below the industry average (19)
7 - Hyelm
19 - Industry AVG
Pay Structure
on an average salary of £50.9k, the company has a higher pay structure (£24.3k)
£50.9k - Hyelm
£24.3k - Industry AVG
Efficiency
resulting in sales per employee of £201.8k, this is more efficient (£56.5k)
£201.8k - Hyelm
£56.5k - Industry AVG
Debtor Days
it gets paid by customers after 1 days, this is earlier than average (16 days)
1 days - Hyelm
16 days - Industry AVG
Creditor Days
its suppliers are paid after 71 days, this is slower than average (17 days)
71 days - Hyelm
17 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Hyelm
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 251 weeks, this is more cash available to meet short term requirements (84 weeks)
251 weeks - Hyelm
84 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 21%, this is a lower level of debt than the average (31.9%)
21% - Hyelm
31.9% - Industry AVG
HYELM financials
Hyelm's latest turnover from September 2023 is £1.4 million and the company has net assets of £32.6 million. According to their latest financial statements, Hyelm has 7 employees and maintains cash reserves of £14.3 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Sep 2023 | Sep 2022 | Sep 2021 | Sep 2020 | Sep 2019 | Sep 2018 | Sep 2017 | Sep 2016 | Sep 2015 | Sep 2014 | Oct 2013 | Oct 2012 | Oct 2011 | Oct 2010 | Oct 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 1,412,644 | 4,766,710 | 1,298,001 | 1,422,173 | 1,427,980 | 1,298,301 | 1,173,771 | 1,096,687 | 1,022,580 | 2,214,371 | 2,263,340 | 2,148,425 | 2,049,066 | 1,977,337 | 1,888,822 |
| Other Income Or Grants | |||||||||||||||
| Cost Of Sales | |||||||||||||||
| Gross Profit | |||||||||||||||
| Admin Expenses | |||||||||||||||
| Operating Profit | -288,920 | 3,299,923 | 25,298 | -9,753 | 142,652 | 221,471 | 129,292 | 88,899 | -162,560 | 245,427 | 364,928 | 340,565 | 273,109 | 294,376 | 215,395 |
| Interest Payable | 429,497 | 358,903 | 349,727 | 363,123 | 377,613 | 374,115 | 365,049 | 368,918 | 369,667 | 354,263 | 372,174 | 369,465 | 369,285 | 370,660 | 370,480 |
| Interest Receivable | 438,023 | 49,224 | 35,951 | 95,426 | 142,225 | 162,046 | 157,532 | 263,225 | 98,692 | 4,788 | 6,688 | 7,086 | 5,304 | 15,375 | 19,828 |
| Pre-Tax Profit | -1,211,961 | 113,575 | -776,306 | -730,740 | -549,644 | -222,279 | -78,225 | -16,794 | 25,881,175 | -105,390 | -558 | -21,814 | -90,872 | -60,909 | -135,257 |
| Tax | |||||||||||||||
| Profit After Tax | -1,211,961 | 113,575 | -776,306 | -730,740 | -549,644 | -222,279 | -78,225 | -16,794 | 25,881,175 | -105,390 | -558 | -21,814 | -90,872 | -60,909 | -135,257 |
| Dividends Paid | |||||||||||||||
| Retained Profit | -1,211,961 | 113,575 | -776,306 | -730,740 | -549,644 | -222,279 | -78,225 | -16,794 | 25,881,175 | -105,390 | -558 | -21,814 | -90,872 | -60,909 | -135,257 |
| Employee Costs | 356,197 | 323,862 | 276,249 | 287,627 | 276,651 | 286,186 | 278,065 | 274,719 | 306,803 | 508,567 | 482,561 | 428,796 | 461,256 | 458,480 | 440,594 |
| Number Of Employees | 7 | 7 | 6 | 6 | 6 | 7 | 7 | 7 | 71 | 17 | 17 | 17 | 17 | 17 | 16 |
| EBITDA* | 95,310 | 3,692,626 | 415,569 | 381,265 | 525,589 | 541,096 | 441,420 | 392,417 | 139,117 | 567,046 | 701,151 | 669,674 | 598,405 | 621,147 | 543,220 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Sep 2023 | Sep 2022 | Sep 2021 | Sep 2020 | Sep 2019 | Sep 2018 | Sep 2017 | Sep 2016 | Sep 2015 | Sep 2014 | Oct 2013 | Oct 2012 | Oct 2011 | Oct 2010 | Oct 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 26,804,269 | 26,257,769 | 25,740,355 | 24,324,853 | 24,448,439 | 24,290,337 | 13,414,721 | 13,495,222 | 13,592,894 | 14,019,338 | 11,526,122 | 11,824,790 | 12,058,303 | 12,371,293 | 12,668,908 |
| Intangible Assets | |||||||||||||||
| Investments & Other | 16,858 | 18,258 | 21,058 | 26,658 | 28,058 | ||||||||||
| Debtors (Due After 1 year) | |||||||||||||||
| Total Fixed Assets | 26,821,127 | 26,276,027 | 25,740,355 | 24,324,853 | 24,469,497 | 24,290,337 | 13,414,721 | 13,521,880 | 13,620,952 | 14,019,338 | 11,526,122 | 11,824,790 | 12,058,303 | 12,371,293 | 12,668,908 |
| Stock & work in progress | 1,638 | 2,149 | 5,995 | 5,806 | 7,509 | 6,197 | 5,734 | ||||||||
| Trade Debtors | 7,564 | 8,228 | 3,417 | 5,546 | 89,529 | 53,128 | 26,444 | 18,371 | 5,153 | 5,787 | 1,857 | 7,110 | 4,221 | ||
| Group Debtors | 4,431 | ||||||||||||||
| Misc Debtors | 108,631 | 89,243 | 156,947 | 102,719 | 206,564 | 77,121 | 40,486 | 2,957,912 | 60,531 | 156,470 | 267,249 | 156,014 | 86,963 | 121,049 | 99,730 |
| Cash | 14,326,444 | 18,126,219 | 16,721,012 | 19,147,027 | 19,796,939 | 20,717,138 | 31,808,380 | 29,049,324 | 31,970,846 | 1,926,652 | 1,976,438 | 1,934,087 | 1,684,091 | 1,406,058 | 1,236,348 |
| misc current assets | 21,058 | 1,400 | 1,400 | 902,772 | 146,760 | ||||||||||
| total current assets | 14,442,639 | 18,223,690 | 16,881,376 | 19,276,350 | 20,004,903 | 20,883,788 | 31,903,394 | 32,033,680 | 32,051,386 | 2,997,627 | 2,402,229 | 2,097,764 | 1,785,673 | 1,537,525 | 1,341,812 |
| total assets | 41,263,766 | 44,499,717 | 42,621,731 | 43,601,203 | 44,474,400 | 45,174,125 | 45,318,115 | 45,555,560 | 45,672,338 | 17,016,965 | 13,928,351 | 13,922,554 | 13,843,976 | 13,908,818 | 14,010,720 |
| Bank overdraft | |||||||||||||||
| Bank loan | 177,874 | 170,891 | 160,940 | 6,328,604 | 97,586 | 31,733 | 15,548 | ||||||||
| Trade Creditors | 119,431 | 57,254 | 120,975 | 57,332 | 130,728 | 122,719 | 29,960 | 14,356 | 40,194 | 107,671 | |||||
| Group/Directors Accounts | 149,129 | ||||||||||||||
| other short term finances | 90,066 | 89,441 | 36,351 | 32,482 | |||||||||||
| hp & lease commitments | |||||||||||||||
| other current liabilities | 2,665,417 | 4,520,120 | 2,550,705 | 2,633,800 | 110,359 | 158,520 | 2,440,786 | 96,168 | 88,569 | 100,944 | 664,831 | 647,086 | 548,094 | 523,294 | 565,679 |
| total current liabilities | 2,962,722 | 4,748,265 | 2,832,620 | 9,019,736 | 338,673 | 371,305 | 2,560,187 | 146,875 | 161,245 | 389,477 | 680,379 | 647,086 | 548,094 | 523,294 | 565,679 |
| loans | 5,714,269 | 5,892,716 | 6,328,604 | 6,403,732 | 6,607,097 | 6,643,448 | 6,646,471 | 6,676,862 | 6,703,800 | 6,702,400 | 6,701,000 | 6,699,600 | |||
| hp & lease commitments | |||||||||||||||
| Accruals and Deferred Income | 8,236,416 | 2,252,466 | |||||||||||||
| other liabilities | 8,926,264 | 835,818 | |||||||||||||
| provisions | |||||||||||||||
| total long term liabilities | 5,714,269 | 5,892,716 | 8,236,416 | 2,252,466 | 6,328,604 | 6,403,732 | 8,926,264 | 6,607,097 | 7,479,266 | 6,646,471 | 6,676,862 | 6,703,800 | 6,702,400 | 6,701,000 | 6,699,600 |
| total liabilities | 8,676,991 | 10,640,981 | 11,069,036 | 11,272,202 | 6,667,277 | 6,775,037 | 11,486,451 | 6,753,972 | 7,640,511 | 7,035,948 | 7,357,241 | 7,350,886 | 7,250,494 | 7,224,294 | 7,265,279 |
| net assets | 32,586,775 | 33,858,736 | 31,552,695 | 32,329,001 | 37,807,123 | 38,399,088 | 33,831,664 | 38,801,588 | 38,031,827 | 9,981,017 | 6,571,110 | 6,571,668 | 6,593,482 | 6,684,524 | 6,745,441 |
| total shareholders funds | 32,586,775 | 33,858,736 | 31,552,695 | 32,329,001 | 37,807,123 | 38,399,088 | 33,831,664 | 38,801,588 | 38,031,827 | 9,981,017 | 6,571,110 | 6,571,668 | 6,593,482 | 6,684,524 | 6,745,441 |
| Sep 2023 | Sep 2022 | Sep 2021 | Sep 2020 | Sep 2019 | Sep 2018 | Sep 2017 | Sep 2016 | Sep 2015 | Sep 2014 | Oct 2013 | Oct 2012 | Oct 2011 | Oct 2010 | Oct 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | -288,920 | 3,299,923 | 25,298 | -9,753 | 142,652 | 221,471 | 129,292 | 88,899 | -162,560 | 245,427 | 364,928 | 340,565 | 273,109 | 294,376 | 215,395 |
| Depreciation | 384,230 | 392,703 | 390,271 | 391,018 | 382,937 | 319,625 | 312,128 | 303,518 | 301,677 | 321,619 | 336,223 | 329,109 | 325,296 | 326,771 | 327,825 |
| Amortisation | |||||||||||||||
| Tax | |||||||||||||||
| Stock | -1,638 | -511 | -3,846 | 189 | -1,703 | 1,312 | 463 | 5,734 | |||||||
| Debtors | 18,724 | -62,893 | 52,099 | -98,299 | 39,914 | 73,036 | -2,890,742 | 2,905,454 | -87,152 | -106,982 | 115,165 | 63,798 | -31,197 | 25,540 | 99,730 |
| Creditors | 62,177 | -63,721 | 63,643 | -73,396 | 8,009 | 92,759 | 15,604 | -25,838 | -67,477 | 107,671 | |||||
| Accruals and Deferred Income | -1,854,703 | -6,267,001 | 5,900,855 | 4,775,907 | -48,161 | -2,282,266 | 2,344,618 | 7,599 | -12,375 | -563,887 | 17,745 | 98,992 | 24,800 | -42,385 | 565,679 |
| Deferred Taxes & Provisions | |||||||||||||||
| Cash flow from operations | -1,715,940 | -2,575,203 | 6,327,968 | 5,182,075 | 445,523 | -1,721,447 | 5,692,384 | -2,529,638 | 146,928 | 221,658 | 603,542 | 706,571 | 653,090 | 552,759 | 1,003,435 |
| Investing Activities | |||||||||||||||
| capital expenditure | -11,426,922 | -231,626 | -207,904 | 2,936,291 | -39,523 | -184,315 | -100,588 | -12,306 | -31,013 | -31,865 | |||||
| Change in Investments | -1,400 | 18,258 | -21,058 | 21,058 | -26,658 | -1,400 | 28,058 | ||||||||
| cash flow from investments | 1,400 | -18,258 | 21,058 | -21,058 | -11,426,922 | -204,968 | -206,504 | 2,908,233 | -39,523 | -184,315 | -100,588 | -12,306 | -31,013 | -31,865 | |
| Financing Activities | |||||||||||||||
| Bank loans | 6,983 | 9,951 | -6,167,664 | 6,231,018 | 97,586 | -31,733 | 16,185 | 15,548 | |||||||
| Group/Directors Accounts | -149,129 | 149,129 | |||||||||||||
| Other Short Term Loans | -90,066 | 625 | 53,090 | 3,869 | 32,482 | ||||||||||
| Long term loans | -178,447 | 5,892,716 | -6,328,604 | -75,128 | 6,403,732 | -6,607,097 | -36,351 | -3,023 | -30,391 | -26,938 | 1,400 | 1,400 | 1,400 | 6,699,600 | |
| Hire Purchase and Lease Commitments | |||||||||||||||
| other long term liabilities | -8,926,264 | 8,926,264 | -835,818 | 835,818 | |||||||||||
| share issue | |||||||||||||||
| interest | 8,526 | -309,679 | -313,776 | -267,697 | -235,388 | -212,069 | -207,517 | -105,693 | -270,975 | -349,475 | -365,486 | -362,379 | -363,981 | -355,285 | -350,652 |
| cash flow from financing | -222,938 | 7,785,454 | -6,481,440 | -5,112,665 | -345,317 | 2,055,727 | -2,726,959 | -187,438 | 2,583,075 | 3,300,745 | -376,876 | -360,979 | -362,751 | -353,893 | 13,229,646 |
| cash and cash equivalents | |||||||||||||||
| cash | -3,799,775 | 1,405,207 | -2,426,015 | -649,912 | -920,199 | -11,091,242 | 2,759,056 | -2,921,522 | 30,044,194 | -49,786 | 42,351 | 249,996 | 278,033 | 169,710 | 1,236,348 |
| overdraft | |||||||||||||||
| change in cash | -3,799,775 | 1,405,207 | -2,426,015 | -649,912 | -920,199 | -11,091,242 | 2,759,056 | -2,921,522 | 30,044,194 | -49,786 | 42,351 | 249,996 | 278,033 | 169,710 | 1,236,348 |
hyelm Credit Report and Business Information
Hyelm Competitor Analysis
Perform a competitor analysis for hyelm by selecting its closest rivals, whether from the ACCOMMODATION AND FOOD SERVICE ACTIVITIES sector, other small companies, companies in N 1 area or any other competitors across 12 key performance metrics.
hyelm Ownership
HYELM group structure
Hyelm has no subsidiary companies.
Ultimate parent company
HYELM
00244598
hyelm directors
Hyelm currently has 8 directors. The longest serving directors include Mr Joel Inbakumar (Dec 2016) and Ms Rhiannon Meredith (Jul 2018).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Joel Inbakumar | United Kingdom | 61 years | Dec 2016 | - | Director |
| Ms Rhiannon Meredith | United Kingdom | 42 years | Jul 2018 | - | Director |
| Ms Vanessa James | 57 years | Apr 2020 | - | Director | |
| Mr Febechi Chukwu | 39 years | May 2022 | - | Director | |
| Mr Andrew Brainin | England | 41 years | May 2022 | - | Director |
| Mr Jayesh Doshi | 57 years | Jan 2024 | - | Director | |
| Mr David Capel | England | 43 years | Jan 2024 | - | Director |
| Mr Jonathan Clowes | 50 years | Feb 2024 | - | Director |
P&L
September 2023turnover
1.4m
-70%
operating profit
-288.9k
-109%
gross margin
56.8%
+19.37%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
September 2023net assets
32.6m
-0.04%
total assets
41.3m
-0.07%
cash
14.3m
-0.21%
net assets
Total assets minus all liabilities
hyelm company details
company number
00244598
Type
Private Ltd By Guarantee w/o Share Cap
industry
55900 - Other accommodation
incorporation date
December 1929
age
96
incorporated
UK
ultimate parent company
accounts
Group
last accounts submitted
September 2023
previous names
"hyelm" movement(the) (September 2001)
accountant
-
auditor
MOORE KINGSTON SMITH LLP
address
43 - 51 new north road, london, N1 6JB
Bank
BARCLAYS BANK PLC
Legal Advisor
-
hyelm 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 10 charges/mortgages relating to hyelm. Currently there are 10 open charges and 0 have been satisfied in the past.
hyelm 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 HYELM. This can take several minutes, an email will notify you when this has completed.
hyelm Companies House Filings - See Documents
| date | description | view/download |
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