hadgate limited
hadgate limited Company Information
Company Number
00785653
Next Accounts
68 days late
Directors
Shareholders
kurosh tehranchian
hadgate limited
View AllGroup Structure
View All
Industry
Management consultancy activities (other than financial management)
+1Registered Address
792 wickham road, croydon, CR0 8EA
Website
-hadgate limited Estimated Valuation
Pomanda estimates the enterprise value of HADGATE LIMITED at £5k based on a Turnover of £2.6k and 1.89x industry multiple (adjusted for size and gross margin).
hadgate limited Estimated Valuation
Pomanda estimates the enterprise value of HADGATE LIMITED at £3.7m based on an EBITDA of £692.8k and a 5.38x industry multiple (adjusted for size and gross margin).
hadgate limited Estimated Valuation
Pomanda estimates the enterprise value of HADGATE LIMITED at £14.4m based on Net Assets of £6.5m and 2.21x industry multiple (adjusted for liquidity).
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Hadgate Limited Overview
Hadgate Limited is a live company located in croydon, CR0 8EA with a Companies House number of 00785653. It operates in the other letting and operating of own or leased real estate sector, SIC Code 68209. Founded in December 1963, it's largest shareholder is kurosh tehranchian with a 52% stake. Hadgate Limited is a mature, micro sized company, Pomanda has estimated its turnover at £2.6k with declining growth in recent years.
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Hadgate Limited Health Check
Pomanda's financial health check has awarded Hadgate Limited a 4 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 4 areas for improvement. Company Health Check FAQs
3 Strong
3 Regular
4 Weak
Size
annual sales of £2.6k, make it smaller than the average company (£629.7k)
- Hadgate Limited
£629.7k - Industry AVG
Growth
3 year (CAGR) sales growth of -49%, show it is growing at a slower rate (3.9%)
- Hadgate Limited
3.9% - Industry AVG
Production
with a gross margin of 66.4%, this company has a comparable cost of product (66.4%)
- Hadgate Limited
66.4% - Industry AVG
Profitability
an operating margin of 24922.4% make it more profitable than the average company (22.5%)
- Hadgate Limited
22.5% - Industry AVG
Employees
with 1 employees, this is below the industry average (4)
- Hadgate Limited
4 - Industry AVG
Pay Structure
on an average salary of £38.2k, the company has an equivalent pay structure (£38.2k)
- Hadgate Limited
£38.2k - Industry AVG
Efficiency
resulting in sales per employee of £2.6k, this is less efficient (£143.5k)
- Hadgate Limited
£143.5k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Hadgate Limited
- - Industry AVG
Creditor Days
its suppliers are paid after 330 days, this is slower than average (33 days)
- Hadgate Limited
33 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Hadgate Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 2493 weeks, this is more cash available to meet short term requirements (21 weeks)
2493 weeks - Hadgate Limited
21 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 54.8%, this is a similar level of debt than the average (58.8%)
54.8% - Hadgate Limited
58.8% - Industry AVG
HADGATE LIMITED financials
Hadgate Limited's latest turnover from March 2023 is estimated at £2.6 thousand and the company has net assets of £6.5 million. According to their latest financial statements, we estimate that Hadgate Limited has 1 employee and maintains cash reserves of £626.5 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 98,926 | 150,159 | 174,233 | 128,859 | ||||||||||
| Other Income Or Grants | ||||||||||||||
| Cost Of Sales | 36,097 | 31,152 | 27,779 | 18,715 | ||||||||||
| Gross Profit | 62,829 | 119,007 | 146,454 | 110,144 | ||||||||||
| Admin Expenses | -14,229 | -40,315 | 36,623 | 34,978 | ||||||||||
| Operating Profit | 77,058 | 159,322 | 109,831 | 75,166 | ||||||||||
| Interest Payable | 138,055 | 124,019 | 105,747 | 70,664 | ||||||||||
| Interest Receivable | ||||||||||||||
| Pre-Tax Profit | -60,997 | 35,303 | 4,084 | 4,502 | ||||||||||
| Tax | -10,222 | -13,226 | 17 | |||||||||||
| Profit After Tax | -71,219 | 22,077 | 4,084 | 4,519 | ||||||||||
| Dividends Paid | ||||||||||||||
| Retained Profit | -71,219 | 22,077 | 4,084 | 4,519 | ||||||||||
| Employee Costs | ||||||||||||||
| Number Of Employees | ||||||||||||||
| EBITDA* | 97,742 | 180,241 | 132,100 | 100,184 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 33,889 | 42,362 | 52,953 | 66,191 | 82,739 | 83,683 | 5,275,784 | 5,100,076 | 58,826 | 3,938,641 | 3,943,796 | 3,935,315 | 3,939,639 | 3,923,305 |
| Intangible Assets | ||||||||||||||
| Investments & Other | 13,634,399 | 13,634,399 | 12,559,824 | 10,043,916 | 6,754,944 | 6,681,114 | 1,416,608 | 4,169,959 | ||||||
| Debtors (Due After 1 year) | ||||||||||||||
| Total Fixed Assets | 13,668,288 | 13,676,761 | 12,612,777 | 10,110,107 | 6,837,683 | 6,764,797 | 6,692,392 | 5,100,076 | 4,228,785 | 3,938,641 | 3,943,796 | 3,935,315 | 3,939,639 | 3,923,305 |
| Stock & work in progress | ||||||||||||||
| Trade Debtors | 10,101 | 48,126 | 57,680 | 8,560 | 43,201 | 55,712 | 56,256 | 106,435 | ||||||
| Group Debtors | ||||||||||||||
| Misc Debtors | 76,966 | 148,080 | 90,179 | 280,845 | 73,991 | |||||||||
| Cash | 626,457 | 719,311 | 308,171 | 736,258 | 739,854 | 1,055,673 | 1,167,603 | 142,219 | 366,554 | 722,135 | 145,056 | 138,042 | 94,729 | 37,600 |
| misc current assets | ||||||||||||||
| total current assets | 703,423 | 729,412 | 504,377 | 826,437 | 1,020,699 | 1,129,664 | 1,167,603 | 142,219 | 424,234 | 730,695 | 188,257 | 193,754 | 150,985 | 144,035 |
| total assets | 14,371,711 | 14,406,173 | 13,117,154 | 10,936,544 | 7,858,382 | 7,894,461 | 7,859,995 | 5,242,295 | 4,653,019 | 4,669,336 | 4,132,053 | 4,129,069 | 4,090,624 | 4,067,340 |
| Bank overdraft | ||||||||||||||
| Bank loan | ||||||||||||||
| Trade Creditors | 803 | 2,899 | 7,601 | 6,010 | 25,129 | 28,847 | 16,405 | 17,254 | 19,547 | 19,944 | 52,813 | |||
| Group/Directors Accounts | 1,844 | |||||||||||||
| other short term finances | ||||||||||||||
| hp & lease commitments | ||||||||||||||
| other current liabilities | 12,259 | 14,675 | 722,378 | 40,494 | 21,206 | 21,417 | 20,410 | 48,638 | ||||||
| total current liabilities | 13,062 | 17,574 | 729,979 | 46,504 | 46,335 | 21,417 | 22,254 | 48,638 | 28,847 | 16,405 | 17,254 | 19,547 | 19,944 | 52,813 |
| loans | 7,000,000 | 7,000,000 | 5,000,000 | 5,000,000 | 5,000,000 | 5,000,000 | 5,000,000 | 2,500,000 | 2,500,000 | 2,500,000 | 1,968,461 | 2,000,000 | 2,000,000 | 2,000,000 |
| hp & lease commitments | ||||||||||||||
| Accruals and Deferred Income | ||||||||||||||
| other liabilities | ||||||||||||||
| provisions | 860,797 | 860,797 | 860,797 | 588,061 | 23,448 | 13,226 | ||||||||
| total long term liabilities | 7,860,797 | 7,860,797 | 5,860,797 | 5,588,061 | 5,023,448 | 5,013,226 | 5,000,000 | 2,500,000 | 2,500,000 | 2,500,000 | 1,968,461 | 2,000,000 | 2,000,000 | 2,000,000 |
| total liabilities | 7,873,859 | 7,878,371 | 6,590,776 | 5,634,565 | 5,069,783 | 5,034,643 | 5,022,254 | 2,548,638 | 2,528,847 | 2,516,405 | 1,985,715 | 2,019,547 | 2,019,944 | 2,052,813 |
| net assets | 6,497,852 | 6,527,802 | 6,526,378 | 5,301,979 | 2,788,599 | 2,859,818 | 2,837,741 | 2,693,657 | 2,124,172 | 2,152,931 | 2,146,338 | 2,109,522 | 2,070,680 | 2,014,527 |
| total shareholders funds | 6,497,852 | 6,527,802 | 6,526,378 | 5,301,979 | 2,788,599 | 2,859,818 | 2,837,741 | 2,693,657 | 2,124,172 | 2,152,931 | 2,146,338 | 2,109,522 | 2,070,680 | 2,014,527 |
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||||
| Operating Profit | 77,058 | 159,322 | 109,831 | 75,166 | ||||||||||
| Depreciation | 33,889 | 10,591 | 13,238 | 16,548 | 20,684 | 20,919 | 22,269 | 25,018 | 14,706 | 5,155 | 6,444 | 4,324 | 5,404 | 1,321 |
| Amortisation | ||||||||||||||
| Tax | -10,222 | -13,226 | 17 | |||||||||||
| Stock | ||||||||||||||
| Debtors | 66,865 | -186,105 | 106,027 | -190,666 | 206,854 | 73,991 | -57,680 | 49,120 | -34,641 | -12,511 | -544 | -50,179 | 106,435 | |
| Creditors | -2,096 | -4,702 | 1,591 | -19,119 | 25,129 | -28,847 | 12,442 | -849 | -2,293 | -397 | -32,869 | 52,813 | ||
| Accruals and Deferred Income | -2,416 | -707,703 | 681,884 | 19,288 | -211 | 1,007 | -28,228 | 48,638 | ||||||
| Deferred Taxes & Provisions | 272,736 | 564,613 | 10,222 | 13,226 | ||||||||||
| Cash flow from operations | -84,194 | 107,257 | 103,872 | 177,672 | ||||||||||
| Investing Activities | ||||||||||||||
| capital expenditure | ||||||||||||||
| Change in Investments | 1,074,575 | 2,515,908 | 3,288,972 | 73,830 | 5,264,506 | 1,416,608 | -4,169,959 | 4,169,959 | ||||||
| cash flow from investments | ||||||||||||||
| Financing Activities | ||||||||||||||
| Bank loans | ||||||||||||||
| Group/Directors Accounts | -1,844 | 1,844 | ||||||||||||
| Other Short Term Loans | ||||||||||||||
| Long term loans | 2,000,000 | 2,500,000 | 531,539 | -31,539 | 2,000,000 | |||||||||
| Hire Purchase and Lease Commitments | ||||||||||||||
| other long term liabilities | ||||||||||||||
| share issue | ||||||||||||||
| interest | -138,055 | -124,019 | -105,747 | -70,664 | ||||||||||
| cash flow from financing | -138,055 | -125,863 | 2,536,097 | 494,302 | ||||||||||
| cash and cash equivalents | ||||||||||||||
| cash | -92,854 | 411,140 | -428,087 | -3,596 | -315,819 | -111,930 | 1,025,384 | -224,335 | -355,581 | 577,079 | 7,014 | 43,313 | 57,129 | 37,600 |
| overdraft | ||||||||||||||
| change in cash | -92,854 | 411,140 | -428,087 | -3,596 | -315,819 | -111,930 | 1,025,384 | -224,335 | -355,581 | 577,079 | 7,014 | 43,313 | 57,129 | 37,600 |
hadgate limited Credit Report and Business Information
Hadgate Limited Competitor Analysis
Perform a competitor analysis for hadgate limited by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other micro companies, companies in CR0 area or any other competitors across 12 key performance metrics.
hadgate limited Ownership
HADGATE LIMITED group structure
Hadgate Limited has no subsidiary companies.
Ultimate parent company
HADGATE LIMITED
00785653
hadgate limited directors
Hadgate Limited currently has 1 director, Mr Kurosh Tehranchian serving since Oct 1979.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Kurosh Tehranchian | England | 62 years | Oct 1979 | - | Director |
P&L
March 2023turnover
2.6k
-95%
operating profit
659k
0%
gross margin
66.5%
-1.12%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2023net assets
6.5m
0%
total assets
14.4m
0%
cash
626.5k
-0.13%
net assets
Total assets minus all liabilities
hadgate limited company details
company number
00785653
Type
Private limited with Share Capital
industry
70229 - Management consultancy activities (other than financial management)
68209 - Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.
incorporation date
December 1963
age
62
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
March 2023
previous names
N/A
accountant
-
auditor
-
address
792 wickham road, croydon, CR0 8EA
Bank
CITIBANK
Legal Advisor
-
hadgate 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 6 charges/mortgages relating to hadgate limited. Currently there are 1 open charges and 5 have been satisfied in the past.
hadgate 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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hadgate limited Companies House Filings - See Documents
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