hands discount limited

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hands discount limited Company Information

Share HANDS DISCOUNT LIMITED

Company Number

00620912

Directors

Philip Hands

Shareholders

philip hands

Group Structure

View All

Industry

Other personal service activities n.e.c.

 

Registered Address

10 chester drive, harrow, middlesex, HA2 7PU

Website

-

hands discount limited Estimated Valuation

£104.6k

Pomanda estimates the enterprise value of HANDS DISCOUNT LIMITED at £104.6k based on a Turnover of £213k and 0.49x industry multiple (adjusted for size and gross margin).

hands discount limited Estimated Valuation

£1.4k

Pomanda estimates the enterprise value of HANDS DISCOUNT LIMITED at £1.4k based on an EBITDA of £433 and a 3.23x industry multiple (adjusted for size and gross margin).

hands discount limited Estimated Valuation

£63.4k

Pomanda estimates the enterprise value of HANDS DISCOUNT LIMITED at £63.4k based on Net Assets of £32.3k and 1.96x industry multiple (adjusted for liquidity).

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Hands Discount Limited Overview

Hands Discount Limited is a live company located in middlesex, HA2 7PU with a Companies House number of 00620912. It operates in the other service activities n.e.c. sector, SIC Code 96090. Founded in February 1959, it's largest shareholder is philip hands with a 100% stake. Hands Discount Limited is a mature, micro sized company, Pomanda has estimated its turnover at £213k with low growth in recent years.

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Hands Discount Limited Health Check

Pomanda's financial health check has awarded Hands Discount Limited a 2 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 7 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating2out of 5
positive_score

2 Strong

positive_score

1 Regular

positive_score

7 Weak

size

Size

annual sales of £213k, make it smaller than the average company (£924.2k)

£213k - Hands Discount Limited

£924.2k - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 2%, show it is growing at a slower rate (9.6%)

2% - Hands Discount Limited

9.6% - Industry AVG

production

Production

with a gross margin of 19.8%, this company has a higher cost of product (40.7%)

19.8% - Hands Discount Limited

40.7% - Industry AVG

profitability

Profitability

an operating margin of 0.2% make it less profitable than the average company (6.1%)

0.2% - Hands Discount Limited

6.1% - Industry AVG

employees

Employees

with 2 employees, this is below the industry average (14)

2 - Hands Discount Limited

14 - Industry AVG

paystructure

Pay Structure

on an average salary of £31.8k, the company has an equivalent pay structure (£31.8k)

£31.8k - Hands Discount Limited

£31.8k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £106.5k, this is more efficient (£89.3k)

£106.5k - Hands Discount Limited

£89.3k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 87 days, this is later than average (30 days)

87 days - Hands Discount Limited

30 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 60 days, this is slower than average (37 days)

60 days - Hands Discount Limited

37 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Hands Discount Limited

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - Hands Discount Limited

- - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 48.3%, this is a higher level of debt than the average (43%)

48.3% - Hands Discount Limited

43% - Industry AVG

HANDS DISCOUNT LIMITED financials

EXPORTms excel logo

Hands Discount Limited's latest turnover from April 2024 is estimated at £213 thousand and the company has net assets of £32.3 thousand. According to their latest financial statements, we estimate that Hands Discount Limited has 2 employees and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Apr 2024Apr 2023Apr 2022Apr 2021Apr 2020Apr 2019Apr 2018Apr 2017Apr 2016Apr 2015Apr 2014Apr 2013Apr 2012Apr 2011Apr 2010
Turnover212,989216,325128,323198,779117,88935,24314,51616,64021,40317,8618,23511,068
Other Income Or Grants
Cost Of Sales170,861172,577103,183164,09394,93528,31311,31013,19016,68413,9646,3808,474
Gross Profit42,12843,74925,14034,68522,9556,9303,2063,4504,7193,8971,8552,595
Admin Expenses41,69536,8628,57853,50234,227-20,94216,573-14,693-14,4322,331-5,10410,27511,3297,119-40,990
Operating Profit4336,88716,562-18,817-11,27220,942-9,64314,69314,4328758,554-5,556-7,432-5,26443,585
Interest Payable198439211
Interest Receivable3465393105151132127154192103
Pre-Tax Profit4336,88716,562-18,783-11,40520,896-9,7498,9706,3991,0268,686-5,429-7,278-5,07243,689
Tax-108-1,722-3,147-3,9702,9705,288-205-1,824-12,233
Profit After Tax3255,16513,415-18,783-11,40516,926-9,74911,94011,6878216,862-5,429-7,278-5,07231,456
Dividends Paid
Retained Profit3255,16513,415-18,783-11,40516,926-9,74911,94011,6878216,862-5,429-7,278-5,07231,456
Employee Costs63,52661,39729,16455,33026,75925,7178,0508,00026,45326,29826,12425,74725,43524,637
Number Of Employees22121111111111
EBITDA*4336,88716,562-18,817-11,27220,942-9,64314,69314,4328758,554-5,556-7,432-4,16043,585

* Earnings Before Interest, Tax, Depreciation and Amortisation

Apr 2024Apr 2023Apr 2022Apr 2021Apr 2020Apr 2019Apr 2018Apr 2017Apr 2016Apr 2015Apr 2014Apr 2013Apr 2012Apr 2011Apr 2010
Tangible Assets11,48411,48411,48411,48411,48411,48411,48411,48411,48411,48411,48411,48411,48411,48411,484
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets11,48411,48411,48411,48411,48411,48411,48411,48411,48411,48411,48411,48411,48411,48411,484
Stock & work in progress
Trade Debtors50,99756,03235,46050,34330,7293941,6281,6542,297378816
Group Debtors
Misc Debtors
Cash67,05862,88442,00138,23832,39128,03424,78026,06935,48041,396
misc current assets
total current assets50,99756,03235,46050,34367,05862,88442,00130,72938,23832,78529,66226,43428,36635,85842,212
total assets62,48167,51646,94461,82778,54274,36853,48542,21349,72244,26941,14637,91839,85047,34253,696
Bank overdraft
Bank loan
Trade Creditors 28,09633,72917,67246,53944,4712,97515,49411,9789,67613,3109,8137,6278,309
Group/Directors Accounts
other short term finances6,4996,500
hp & lease commitments
other current liabilities13,3439,385
total current liabilities28,09633,72917,67246,53944,47119,84215,8852,97515,49411,9789,67613,3109,8137,6278,309
loans
hp & lease commitments
Accruals and Deferred Income2,0731,8002,4501,8811,8812,8202,4003,000
other liabilities
provisions
total long term liabilities2,0731,8002,4501,8811,8812,8202,4003,000
total liabilities30,16935,52920,12248,42046,35219,84215,8855,79515,49411,9789,67613,3109,81310,02711,309
net assets32,31231,98726,82213,40732,19054,52637,60036,41834,22832,29131,47024,60830,03737,31542,387
total shareholders funds32,31231,98726,82213,40732,19054,52637,60036,41834,22832,29131,47024,60830,03737,31542,387
Apr 2024Apr 2023Apr 2022Apr 2021Apr 2020Apr 2019Apr 2018Apr 2017Apr 2016Apr 2015Apr 2014Apr 2013Apr 2012Apr 2011Apr 2010
Operating Activities
Operating Profit4336,88716,562-18,817-11,27220,942-9,64314,69314,4328758,554-5,556-7,432-5,26443,585
Depreciation1,104
Amortisation
Tax-108-1,722-3,147-3,9702,9705,288-205-1,824-12,233
Stock
Debtors-5,03520,572-14,88350,343-30,72930,729-394-1,234-26-6431,919-438816
Creditors-5,63316,057-28,8672,06844,471-2,975-12,5193,5162,302-3,6343,4972,186-6828,309
Accruals and Deferred Income273-650569-11,4623,9586,5652,820-2,400-6003,000
Deferred Taxes & Provisions
Cash flow from operations-67,09221,73720,93024,676-22,76523,6304,2063,122-1,416-9,565-5,00441,845
Investing Activities
capital expenditure-1,104-11,484
Change in Investments
cash flow from investments-1,104-11,484
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans -6,499-16,500
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
share issue-10,93110,931-9,750-9,75010,931
interest34-133-46-106151132127154192103
cash flow from financing34-17,563-4717,325-9,750-9,75015113212715419211,034
cash and cash equivalents
cash-67,0584,17420,88342,001-38,2385,8474,3573,254-1,289-9,411-5,91641,396
overdraft
change in cash-67,0584,17420,88342,001-38,2385,8474,3573,254-1,289-9,411-5,91641,396

hands discount limited Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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Hands Discount Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for hands discount limited by selecting its closest rivals, whether from the OTHER SERVICE ACTIVITIES sector, other micro companies, companies in HA2 area or any other competitors across 12 key performance metrics.

hands discount limited Ownership

HANDS DISCOUNT LIMITED group structure

Hands Discount Limited has no subsidiary companies.

Ultimate parent company

HANDS DISCOUNT LIMITED

00620912

HANDS DISCOUNT LIMITED Shareholders

philip hands 100%

hands discount limited directors

Hands Discount Limited currently has 1 director, Mr Philip Hands serving since Jun 1990.

officercountryagestartendrole
Mr Philip HandsEngland60 years Jun 1990- Director

P&L

April 2024

turnover

213k

-2%

operating profit

433.3

0%

gross margin

19.8%

-2.2%

turnover

Turnover, or revenue, is the amount of sales generated by a company within the financial year.

Balance Sheet

April 2024

net assets

32.3k

+0.01%

total assets

62.5k

-0.07%

cash

0

0%

net assets

Total assets minus all liabilities

hands discount limited company details

company number

00620912

Type

Private limited with Share Capital

industry

96090 - Other personal service activities n.e.c.

incorporation date

February 1959

age

66

incorporated

UK

ultimate parent company

None

accounts

Micro-Entity Accounts

last accounts submitted

April 2024

previous names

N/A

accountant

-

auditor

-

address

10 chester drive, harrow, middlesex, HA2 7PU

Bank

-

Legal Advisor

-

hands discount 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 hands discount limited. Currently there are 5 open charges and 0 have been satisfied in the past.

hands discount 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.

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hands discount limited Companies House Filings - See Documents

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