hong kong association(the)
hong kong association(the) Company Information
Company Number
00703170
Next Accounts
Sep 2025
Shareholders
-
Group Structure
View All
Industry
Activities of professional membership organisations
Registered Address
swire house, 59 buckingham gate, london, SW1E 6AJ
Website
http://hkas.org.ukhong kong association(the) Estimated Valuation
Pomanda estimates the enterprise value of HONG KONG ASSOCIATION(THE) at £28.9k based on a Turnover of £64.4k and 0.45x industry multiple (adjusted for size and gross margin).
hong kong association(the) Estimated Valuation
Pomanda estimates the enterprise value of HONG KONG ASSOCIATION(THE) at £11.3k based on an EBITDA of £4.7k and a 2.39x industry multiple (adjusted for size and gross margin).
hong kong association(the) Estimated Valuation
Pomanda estimates the enterprise value of HONG KONG ASSOCIATION(THE) at £123.3k based on Net Assets of £50.6k and 2.44x industry multiple (adjusted for liquidity).
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Hong Kong Association(the) Overview
Hong Kong Association(the) is a live company located in london, SW1E 6AJ with a Companies House number of 00703170. It operates in the activities of professional membership organizations sector, SIC Code 94120. Founded in September 1961, it's largest shareholder is unknown. Hong Kong Association(the) is a mature, micro sized company, Pomanda has estimated its turnover at £64.4k with high growth in recent years.
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Hong Kong Association(the) Health Check
Pomanda's financial health check has awarded Hong Kong Association(The) a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 3 areas for improvement. Company Health Check FAQs
4 Strong
2 Regular
3 Weak
Size
annual sales of £64.4k, make it smaller than the average company (£874.7k)
£64.4k - Hong Kong Association(the)
£874.7k - Industry AVG
Growth
3 year (CAGR) sales growth of 16%, show it is growing at a faster rate (4.8%)
16% - Hong Kong Association(the)
4.8% - Industry AVG
Production
with a gross margin of 65.6%, this company has a comparable cost of product (69.5%)
65.6% - Hong Kong Association(the)
69.5% - Industry AVG
Profitability
an operating margin of 7% make it more profitable than the average company (2.2%)
7% - Hong Kong Association(the)
2.2% - Industry AVG
Employees
with 1 employees, this is below the industry average (13)
1 - Hong Kong Association(the)
13 - Industry AVG
Pay Structure
on an average salary of £47.7k, the company has an equivalent pay structure (£47.7k)
- Hong Kong Association(the)
£47.7k - Industry AVG
Efficiency
resulting in sales per employee of £64.4k, this is less efficient (£111.9k)
£64.4k - Hong Kong Association(the)
£111.9k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- - Hong Kong Association(the)
- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- - Hong Kong Association(the)
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Hong Kong Association(the)
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 220 weeks, this is more cash available to meet short term requirements (100 weeks)
220 weeks - Hong Kong Association(the)
100 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 17.7%, this is a lower level of debt than the average (26.7%)
17.7% - Hong Kong Association(the)
26.7% - Industry AVG
HONG KONG ASSOCIATION(THE) financials
Hong Kong Association(The)'s latest turnover from December 2023 is £64.4 thousand and the company has net assets of £50.6 thousand. According to their latest financial statements, Hong Kong Association(The) has 1 employee and maintains cash reserves of £46 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 64,359 | 45,238 | 55,600 | 41,344 | 96,996 | 69,420 | 95,129 | 83,871 | 88,852 | 82,972 | 57,180 | 56,331 | 67,377 | 72,936 | 73,957 |
| Other Income Or Grants | |||||||||||||||
| Cost Of Sales | 22,136 | 6,322 | 13,898 | 2,561 | 42,178 | 21,414 | 50,517 | 32,274 | 39,549 | 38,841 | |||||
| Gross Profit | 42,223 | 38,916 | 41,702 | 38,783 | 54,818 | 48,006 | 44,612 | 51,597 | 49,303 | 44,131 | |||||
| Admin Expenses | 37,748 | 37,190 | 39,649 | 38,449 | 41,311 | 45,875 | 43,997 | 44,105 | 42,309 | 42,913 | |||||
| Operating Profit | 4,475 | 1,726 | 2,053 | 334 | 13,507 | 2,131 | 615 | 7,492 | 6,994 | 1,218 | 2,752 | 2,382 | 113 | 501 | 60 |
| Interest Payable | |||||||||||||||
| Interest Receivable | 76 | 8 | 1 | 5 | 10 | 5 | 2 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 |
| Pre-Tax Profit | 4,551 | 1,734 | 2,054 | 339 | 13,517 | 2,136 | 617 | 7,495 | 6,997 | 1,221 | 2,755 | 2,385 | 116 | 504 | 63 |
| Tax | -762 | -292 | -351 | -57 | -2,308 | -374 | -141 | -1,538 | -1,315 | -217 | -493 | -426 | -22 | -97 | -12 |
| Profit After Tax | 3,789 | 1,442 | 1,703 | 282 | 11,209 | 1,762 | 476 | 5,957 | 5,682 | 1,004 | 2,262 | 1,959 | 94 | 407 | 51 |
| Dividends Paid | |||||||||||||||
| Retained Profit | 3,789 | 1,442 | 1,703 | 282 | 11,209 | 1,762 | 476 | 5,957 | 5,682 | 1,004 | 2,262 | 1,959 | 94 | 407 | 51 |
| Employee Costs | 41,612 | 39,827 | 52,897 | ||||||||||||
| Number Of Employees | 1 | 2 | 2 | 2 | 2 | 3 | 3 | 3 | |||||||
| EBITDA* | 4,732 | 1,914 | 2,172 | 434 | 13,507 | 2,131 | 792 | 8,034 | 7,563 | 1,671 | 3,043 | 2,673 | 261 | 622 | 607 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 107 | 364 | 139 | 258 | 177 | 719 | 1,288 | 544 | 835 | 1,126 | 424 | 545 | |||
| Intangible Assets | |||||||||||||||
| Investments & Other | |||||||||||||||
| Debtors (Due After 1 year) | |||||||||||||||
| Total Fixed Assets | 107 | 364 | 139 | 258 | 177 | 719 | 1,288 | 544 | 835 | 1,126 | 424 | 545 | |||
| Stock & work in progress | |||||||||||||||
| Trade Debtors | |||||||||||||||
| Group Debtors | |||||||||||||||
| Misc Debtors | 15,362 | 14,402 | 8,346 | 1,998 | 13,341 | 23,673 | 12,937 | 7,041 | 12,503 | 11,742 | 11,193 | 12,452 | 7,196 | 16,240 | 10,814 |
| Cash | 45,964 | 35,467 | 42,058 | 42,872 | 34,729 | 14,124 | 25,847 | 31,753 | 32,912 | 11,139 | 23,548 | 26,338 | 12,359 | 14,373 | 9,572 |
| misc current assets | |||||||||||||||
| total current assets | 61,326 | 49,869 | 50,404 | 44,870 | 48,070 | 37,797 | 38,784 | 38,794 | 45,415 | 22,881 | 34,741 | 38,790 | 19,555 | 30,613 | 20,386 |
| total assets | 61,433 | 50,233 | 50,543 | 45,128 | 48,070 | 37,797 | 38,784 | 38,971 | 46,134 | 24,169 | 35,285 | 39,625 | 20,681 | 31,037 | 20,931 |
| Bank overdraft | |||||||||||||||
| Bank loan | |||||||||||||||
| Trade Creditors | 694 | 305 | |||||||||||||
| Group/Directors Accounts | 30 | 1,000 | 2,093 | 2,625 | 1,892 | ||||||||||
| other short term finances | |||||||||||||||
| hp & lease commitments | |||||||||||||||
| other current liabilities | 10,853 | 3,393 | 4,494 | 1,148 | 4,726 | 5,662 | 8,411 | 9,074 | 22,194 | 5,911 | 18,001 | 23,633 | 5,555 | 15,473 | 6,507 |
| total current liabilities | 10,853 | 3,393 | 5,188 | 1,453 | 4,726 | 5,662 | 8,411 | 9,074 | 22,194 | 5,911 | 18,031 | 24,633 | 7,648 | 18,098 | 8,399 |
| loans | |||||||||||||||
| hp & lease commitments | |||||||||||||||
| Accruals and Deferred Income | |||||||||||||||
| other liabilities | |||||||||||||||
| provisions | 20 | 69 | 26 | 49 | |||||||||||
| total long term liabilities | 20 | 69 | 26 | 49 | |||||||||||
| total liabilities | 10,873 | 3,462 | 5,214 | 1,502 | 4,726 | 5,662 | 8,411 | 9,074 | 22,194 | 5,911 | 18,031 | 24,633 | 7,648 | 18,098 | 8,399 |
| net assets | 50,560 | 46,771 | 45,329 | 43,626 | 43,344 | 32,135 | 30,373 | 29,897 | 23,940 | 18,258 | 17,254 | 14,992 | 13,033 | 12,939 | 12,532 |
| total shareholders funds | 50,560 | 46,771 | 45,329 | 43,626 | 43,344 | 32,135 | 30,373 | 29,897 | 23,940 | 18,258 | 17,254 | 14,992 | 13,033 | 12,939 | 12,532 |
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | 4,475 | 1,726 | 2,053 | 334 | 13,507 | 2,131 | 615 | 7,492 | 6,994 | 1,218 | 2,752 | 2,382 | 113 | 501 | 60 |
| Depreciation | 257 | 188 | 119 | 100 | 177 | 542 | 569 | 453 | 291 | 291 | 148 | 121 | 547 | ||
| Amortisation | |||||||||||||||
| Tax | -762 | -292 | -351 | -57 | -2,308 | -374 | -141 | -1,538 | -1,315 | -217 | -493 | -426 | -22 | -97 | -12 |
| Stock | |||||||||||||||
| Debtors | 960 | 6,056 | 6,348 | -11,343 | -10,332 | 10,736 | 5,896 | -5,462 | 761 | 549 | -1,259 | 5,256 | -9,044 | 5,426 | 10,814 |
| Creditors | -694 | 389 | 305 | ||||||||||||
| Accruals and Deferred Income | 7,460 | -1,101 | 3,346 | -3,578 | -936 | -2,749 | -663 | -13,120 | 16,283 | -12,090 | -5,632 | 18,078 | -9,918 | 8,966 | 6,507 |
| Deferred Taxes & Provisions | -49 | 43 | -23 | 49 | |||||||||||
| Cash flow from operations | 10,421 | -6,186 | -815 | 8,496 | 20,595 | -11,728 | -5,908 | -1,162 | 21,770 | -11,185 | -1,823 | 15,069 | -635 | 4,065 | -3,712 |
| Investing Activities | |||||||||||||||
| capital expenditure | |||||||||||||||
| Change in Investments | |||||||||||||||
| cash flow from investments | |||||||||||||||
| Financing Activities | |||||||||||||||
| Bank loans | |||||||||||||||
| Group/Directors Accounts | -30 | -970 | -1,093 | -532 | 733 | 1,892 | |||||||||
| Other Short Term Loans | |||||||||||||||
| Long term loans | |||||||||||||||
| Hire Purchase and Lease Commitments | |||||||||||||||
| other long term liabilities | |||||||||||||||
| share issue | |||||||||||||||
| interest | 76 | 8 | 1 | 5 | 10 | 5 | 2 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 |
| cash flow from financing | 76 | 8 | 1 | 5 | 10 | 5 | 2 | 3 | 3 | -27 | -967 | -1,090 | -529 | 736 | 14,376 |
| cash and cash equivalents | |||||||||||||||
| cash | 10,497 | -6,591 | -814 | 8,143 | 20,605 | -11,723 | -5,906 | -1,159 | 21,773 | -12,409 | -2,790 | 13,979 | -2,014 | 4,801 | 9,572 |
| overdraft | |||||||||||||||
| change in cash | 10,497 | -6,591 | -814 | 8,143 | 20,605 | -11,723 | -5,906 | -1,159 | 21,773 | -12,409 | -2,790 | 13,979 | -2,014 | 4,801 | 9,572 |
hong kong association(the) Credit Report and Business Information
Hong Kong Association(the) Competitor Analysis
Perform a competitor analysis for hong kong association(the) by selecting its closest rivals, whether from the OTHER SERVICE ACTIVITIES sector, other micro companies, companies in SW1E area or any other competitors across 12 key performance metrics.
hong kong association(the) Ownership
HONG KONG ASSOCIATION(THE) group structure
Hong Kong Association(The) has no subsidiary companies.
Ultimate parent company
HONG KONG ASSOCIATION(THE)
00703170
hong kong association(the) directors
Hong Kong Association(The) currently has 17 directors. The longest serving directors include Mr John Greenwood (Jul 2003) and Lord Charles Powell (Jul 2006).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr John Greenwood | 78 years | Jul 2003 | - | Director | |
| Lord Charles Powell | Uk | 83 years | Jul 2006 | - | Director |
| Dr Christian Salbaing | 75 years | Jan 2008 | - | Director | |
| Mr Douglas Flint | 69 years | Feb 2011 | - | Director | |
| Lord James Sassoon | 69 years | Apr 2013 | - | Director | |
| Mrs Patricia Wong | England | 58 years | Jul 2014 | - | Director |
| Sir Sherard Cowper-Coles | England | 70 years | May 2016 | - | Director |
| Mr Adam Keswick | England | 52 years | Sep 2016 | - | Director |
| Mr Barnaby Swire | England | 61 years | Sep 2016 | - | Director |
| Mr Jose Vinals | 70 years | Sep 2017 | - | Director |
P&L
December 2023turnover
64.4k
+42%
operating profit
4.5k
+159%
gross margin
65.7%
-23.74%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
50.6k
+0.08%
total assets
61.4k
+0.22%
cash
46k
+0.3%
net assets
Total assets minus all liabilities
hong kong association(the) company details
company number
00703170
Type
Private Ltd By Guarantee w/o Share Cap
industry
94120 - Activities of professional membership organisations
incorporation date
September 1961
age
64
incorporated
UK
ultimate parent company
accounts
Small Company
last accounts submitted
December 2023
previous names
N/A
accountant
-
auditor
BLUE SPIRE LIMITED
address
swire house, 59 buckingham gate, london, SW1E 6AJ
Bank
HSBC BANK PLC
Legal Advisor
-
hong kong association(the) 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 did not find charges/mortgages relating to hong kong association(the).
hong kong association(the) 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 HONG KONG ASSOCIATION(THE). This can take several minutes, an email will notify you when this has completed.
hong kong association(the) Companies House Filings - See Documents
| date | description | view/download |
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