hanover management services limited
hanover management services limited Company Information
Company Number
01092703
Next Accounts
Sep 2025
Industry
Other financial service activities, except insurance and pension funding, (not including security dealing on own account and factoring) n.e.c.
Shareholders
hanover acceptances ltd
Group Structure
View All
Contact
Registered Address
14-16 hans road, london, SW3 1RT
Website
http://dorrington.co.ukhanover management services limited Estimated Valuation
Pomanda estimates the enterprise value of HANOVER MANAGEMENT SERVICES LIMITED at £0 based on a Turnover of £0 and 1.3x industry multiple (adjusted for size and gross margin).
hanover management services limited Estimated Valuation
Pomanda estimates the enterprise value of HANOVER MANAGEMENT SERVICES LIMITED at £0 based on an EBITDA of £-11.2k and a 4.59x industry multiple (adjusted for size and gross margin).
hanover management services limited Estimated Valuation
Pomanda estimates the enterprise value of HANOVER MANAGEMENT SERVICES LIMITED at £21.9m based on Net Assets of £17m and 1.29x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Hanover Management Services Limited Overview
Hanover Management Services Limited is a live company located in london, SW3 1RT with a Companies House number of 01092703. It operates in the financial intermediation not elsewhere classified sector, SIC Code 64999. Founded in January 1973, it's largest shareholder is hanover acceptances ltd with a 100% stake. Hanover Management Services Limited is a mature, unknown sized company, Pomanda has estimated its turnover at £0 with unknown growth in recent years.
Upgrade for unlimited company reports & a free credit check
Hanover Management Services Limited Health Check
Pomanda's financial health check has awarded Hanover Management Services Limited a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 1 areas for improvement. Company Health Check FAQs
1 Strong
1 Regular
1 Weak
Size
There is insufficient data available for this Key Performance Indicator!
- - Hanover Management Services Limited
- - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Hanover Management Services Limited
- - Industry AVG
Production
There is insufficient data available for this Key Performance Indicator!
- - Hanover Management Services Limited
- - Industry AVG
Profitability
There is insufficient data available for this Key Performance Indicator!
- - Hanover Management Services Limited
- - Industry AVG
Employees
with 1 employees, this is below the industry average (14)
- Hanover Management Services Limited
- - Industry AVG
Pay Structure
on an average salary of £82.7k, the company has an equivalent pay structure (£82.7k)
- Hanover Management Services Limited
- - Industry AVG
Efficiency
There is insufficient data available for this Key Performance Indicator!
- Hanover Management Services Limited
- - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- - Hanover Management Services Limited
- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- - Hanover Management Services Limited
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Hanover Management Services Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Hanover Management Services Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 17.5%, this is a lower level of debt than the average (70.2%)
- - Hanover Management Services Limited
- - Industry AVG
HANOVER MANAGEMENT SERVICES LIMITED financials
Hanover Management Services Limited's latest turnover from December 2023 is 0 and the company has net assets of £17 million. According to their latest financial statements, we estimate that Hanover Management Services Limited has 1 employee and maintains cash reserves of 0 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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Income Or Grants | |||||||||||||||
| Cost Of Sales | |||||||||||||||
| Gross Profit | |||||||||||||||
| Admin Expenses | |||||||||||||||
| Operating Profit | -15,738 | -26,549 | -31,849 | -53,272 | -109,169 | -15,325,205 | -10,157,117 | -8,927,197 | -9,512,889 | -10,056,028 | -12,862,885 | -12,806,943 | -13,100,808 | -12,107,498 | -10,089,108 |
| Interest Payable | 1,772 | 447 | 394 | 3,748 | 1,257 | 1,041 | 1,002 | 731 | 53,308 | 28,791 | 569,740 | 4,201 | 63,761 | 39,175 | 0 |
| Interest Receivable | 468,084 | 583,632 | 367,489 | 368,036 | 621,081 | 612,910 | 375,448 | 197,457 | 15,003,747 | 10,000,000 | 30,000,071 | 254 | 165 | 4,786 | 7,131,212 |
| Pre-Tax Profit | 450,574 | 556,636 | 335,246 | 311,016 | 510,655 | -14,713,336 | 5,217,329 | 6,269,529 | 5,437,550 | -84,819 | 16,567,446 | -12,810,890 | -11,164,404 | -10,141,887 | -2,945,015 |
| Tax | -104,356 | -103,333 | -60,600 | -56,986 | -113,200 | 2,779,237 | 1,868,649 | 1,738,071 | 1,920,783 | 2,128,202 | 3,101,126 | 3,115,121 | 3,473,642 | 3,382,007 | 2,751,048 |
| Profit After Tax | 346,218 | 453,303 | 274,646 | 254,030 | 397,455 | -11,934,099 | 7,085,978 | 8,007,600 | 7,358,333 | 2,043,383 | 19,668,572 | -9,695,769 | -7,690,762 | -6,759,880 | -193,967 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Retained Profit | 346,218 | 453,303 | 274,646 | 254,030 | 397,455 | -11,934,099 | 7,085,978 | 8,007,600 | 7,358,333 | 2,043,383 | 19,668,572 | -9,695,769 | -7,690,762 | -6,759,880 | -193,967 |
| Employee Costs | 0 | 12,885,027 | 8,133,663 | 7,084,681 | 7,706,237 | 7,953,662 | 10,945,853 | 11,061,290 | 10,585,404 | 10,541,924 | 8,689,545 | ||||
| Number Of Employees | 16 | 15 | 15 | 15 | 15 | 15 | 15 | 16 | 19 | 19 | |||||
| EBITDA* | -11,154 | -25,330 | -30,322 | -42,626 | -73,230 | -15,275,916 | -10,112,918 | -8,886,438 | -9,483,792 | -10,025,753 | -12,831,220 | -12,772,777 | -13,069,639 | -12,089,407 | -10,067,646 |
* 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 | 47 | 4,631 | 5,850 | 7,377 | 18,023 | 53,962 | 70,220 | 75,722 | 76,229 | 60,482 | 19,465 | 36,601 | 45,512 | 22,898 | 23,612 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 20 | 20 | 20 | 20 | 20 | 20 | 20 | 20 | 20 | 20 | 20 | 20 | 20 | 20 | 20 |
| Debtors (Due After 1 year) | 20,593,492 | 18,449,161 | 19,354,013 | 17,898,174 | 17,127,382 | 24,393,129 | 30,251,455 | 22,491,737 | 16,006,710 | 8,968,681 | 8,811,797 | 6,172 | 6,172 | 6,554,415 | 6,112,584 |
| Total Fixed Assets | 20,593,559 | 18,453,812 | 19,359,883 | 17,905,571 | 17,145,425 | 24,447,111 | 30,321,695 | 22,567,479 | 16,082,959 | 9,029,183 | 8,831,282 | 42,793 | 51,704 | 6,577,333 | 6,136,216 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 66,007 | 0 | 6,941,000 |
| Misc Debtors | 20,093 | 12,167 | 33,892 | 13,946 | 10,012 | 508,920 | 402,529 | 236,587 | 299,683 | 159,173 | 256,999 | 517,066 | 224,962 | 201,912 | 240,115 |
| Cash | 0 | 12,700 | 30,556 | 24,760 | 30,496 | 4,633 | 7,895 | 3,422 | 25,784 | 45,416 | 8,508 | 18,543 | 22,474 | 1,453 | 718 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 20,093 | 24,867 | 64,448 | 38,706 | 40,508 | 513,553 | 410,424 | 240,009 | 325,467 | 204,589 | 265,507 | 535,609 | 313,443 | 203,365 | 7,181,833 |
| total assets | 20,613,652 | 18,478,679 | 19,424,331 | 17,944,277 | 17,185,933 | 24,960,664 | 30,732,119 | 22,807,488 | 16,408,426 | 9,233,772 | 9,096,789 | 578,402 | 365,147 | 6,780,698 | 13,318,049 |
| Bank overdraft | 1,400,459 | 294,677 | 871,347 | 25,000 | 187,240 | 0 | 405,471 | 6,155 | 309,007 | 660,881 | 844,652 | 634,753 | 775,070 | 3,330,574 | 3,527,009 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 1,182,165 | 687,865 | 2,314,767 | 1,729,204 | 1,072,207 | 9,688,428 | 819,657 | 208,505 | 556,345 | 549,186 | 1,652,788 | 879,380 | 2,234,388 | 596,127 | 1,373,711 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 1,033,140 | 844,467 | 39,850 | 266,352 | 256,795 | 0 | 2,300,656 | 2,472,471 | 3,430,317 | 3,269,282 | 3,888,309 | 5,943,216 | 2,805,023 | 2,424,998 | 1,228,450 |
| total current liabilities | 3,615,764 | 1,827,009 | 3,225,964 | 2,020,556 | 1,516,242 | 9,688,428 | 3,525,784 | 2,687,131 | 4,295,669 | 4,479,349 | 6,385,749 | 7,457,349 | 5,814,481 | 6,351,699 | 6,129,170 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 10,078,585 | 1,812,429 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 10,078,585 | 1,812,429 | 0 | 0 |
| total liabilities | 3,615,764 | 1,827,009 | 3,225,964 | 2,020,556 | 1,516,242 | 9,688,428 | 3,525,784 | 2,687,131 | 4,295,669 | 4,479,349 | 6,385,749 | 17,535,934 | 7,626,910 | 6,351,699 | 6,129,170 |
| net assets | 16,997,888 | 16,651,670 | 16,198,367 | 15,923,721 | 15,669,691 | 15,272,236 | 27,206,335 | 20,120,357 | 12,112,757 | 4,754,423 | 2,711,040 | -16,957,532 | -7,261,763 | 428,999 | 7,188,879 |
| total shareholders funds | 16,997,888 | 16,651,670 | 16,198,367 | 15,923,721 | 15,669,691 | 15,272,236 | 27,206,335 | 20,120,357 | 12,112,757 | 4,754,423 | 2,711,040 | -16,957,532 | -7,261,763 | 428,999 | 7,188,879 |
| 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 | -15,738 | -26,549 | -31,849 | -53,272 | -109,169 | -15,325,205 | -10,157,117 | -8,927,197 | -9,512,889 | -10,056,028 | -12,862,885 | -12,806,943 | -13,100,808 | -12,107,498 | -10,089,108 |
| Depreciation | 4,584 | 1,219 | 1,527 | 10,646 | 35,939 | 49,289 | 44,199 | 40,759 | 29,097 | 30,275 | 31,665 | 34,166 | 31,169 | 18,091 | 21,462 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | -104,356 | -103,333 | -60,600 | -56,986 | -113,200 | 2,779,237 | 1,868,649 | 1,738,071 | 1,920,783 | 2,128,202 | 3,101,126 | 3,115,121 | 3,473,642 | 3,382,007 | 2,751,048 |
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 2,152,257 | -926,577 | 1,475,785 | 774,726 | -7,764,655 | -5,751,935 | 7,925,660 | 6,421,931 | 7,178,539 | 59,058 | 8,545,558 | 226,097 | -6,459,186 | -6,537,372 | 13,293,699 |
| Creditors | 494,300 | -1,626,902 | 585,563 | 656,997 | -8,616,221 | 8,868,771 | 611,152 | -347,840 | 7,159 | -1,103,602 | 773,408 | -1,355,008 | 1,638,261 | -777,584 | 1,373,711 |
| Accruals and Deferred Income | 188,673 | 804,617 | -226,502 | 9,557 | 256,795 | -2,300,656 | -171,815 | -957,846 | 161,035 | -619,027 | -2,054,907 | 3,138,193 | 380,025 | 1,196,548 | 1,228,450 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | -1,584,794 | -24,371 | -1,207,646 | -207,784 | -781,201 | -176,629 | -15,730,592 | -14,875,984 | -14,573,354 | -9,679,238 | -19,557,151 | -8,100,568 | -1,118,525 | -1,751,064 | -18,008,136 |
| Investing Activities | |||||||||||||||
| capital expenditure | |||||||||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 20 |
| cash flow from investments | |||||||||||||||
| Financing Activities | |||||||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -10,078,585 | 8,266,156 | 1,812,429 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||||||||||||
| interest | 466,312 | 583,185 | 367,095 | 364,288 | 619,824 | 611,869 | 374,446 | 196,726 | 14,950,439 | 9,971,209 | 29,430,331 | -3,947 | -63,596 | -34,389 | 7,131,212 |
| cash flow from financing | 466,312 | 583,185 | 367,095 | 364,288 | 619,824 | 611,869 | 374,446 | 196,726 | 14,950,440 | 9,971,209 | 19,351,746 | 8,262,209 | 1,748,833 | -34,389 | 14,514,058 |
| cash and cash equivalents | |||||||||||||||
| cash | -12,700 | -17,856 | 5,796 | -5,736 | 25,863 | -3,262 | 4,473 | -22,362 | -19,632 | 36,908 | -10,035 | -3,931 | 21,021 | 735 | 718 |
| overdraft | 1,105,782 | -576,670 | 846,347 | -162,240 | 187,240 | -405,471 | 399,316 | -302,852 | -351,874 | -183,771 | 209,899 | -140,317 | -2,555,504 | -196,435 | 3,527,009 |
| change in cash | -1,118,482 | 558,814 | -840,551 | 156,504 | -161,377 | 402,209 | -394,843 | 280,490 | 332,242 | 220,679 | -219,934 | 136,386 | 2,576,525 | 197,170 | -3,526,291 |
hanover management services limited Credit Report and Business Information
Hanover Management Services Limited Competitor Analysis
Perform a competitor analysis for hanover management services limited by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other mature companies, companies in SW3 area or any other competitors across 12 key performance metrics.
hanover management services limited Ownership
HANOVER MANAGEMENT SERVICES LIMITED group structure
Hanover Management Services Limited has 1 subsidiary company.
Ultimate parent company
QUADRIGA INTERNATIONAL LTD
#0003516
2 parents
HANOVER MANAGEMENT SERVICES LIMITED
01092703
1 subsidiary
hanover management services limited directors
Hanover Management Services Limited currently has 4 directors. The longest serving directors include Mr Manfred Gorvy (Oct 1991) and Mr Michael Jenkins (Feb 2021).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Manfred Gorvy | 86 years | Oct 1991 | - | Director | |
| Mr Michael Jenkins | United Kingdom | 52 years | Feb 2021 | - | Director |
| Mr Andrew Giblin | England | 46 years | Apr 2021 | - | Director |
| Dr Sean Gorvy | England | 62 years | Mar 2022 | - | Director |
P&L
December 2023turnover
0
0%
operating profit
-15.7k
-41%
gross margin
0%
0%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
17m
+0.02%
total assets
20.6m
+0.12%
cash
0
-1%
net assets
Total assets minus all liabilities
hanover management services limited company details
company number
01092703
Type
Private limited with Share Capital
industry
64999 - Other financial service activities, except insurance and pension funding, (not including security dealing on own account and factoring) n.e.c.
incorporation date
January 1973
age
52
incorporated
UK
ultimate parent company
accounts
Audit Exemption Subsidiary
last accounts submitted
December 2023
previous names
hanover acceptances finance limited (December 1994)
advanceform limited (December 1979)
accountant
M B JENKINS
auditor
-
address
14-16 hans road, london, SW3 1RT
Bank
BARCLAYS BANK PLC
Legal Advisor
-
hanover management services 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 1 charges/mortgages relating to hanover management services limited. Currently there are 1 open charges and 0 have been satisfied in the past.
hanover management services 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.
Click to start generating capital raising & share issue transactions for HANOVER MANAGEMENT SERVICES LIMITED. This can take several minutes, an email will notify you when this has completed.
hanover management services limited Companies House Filings - See Documents
| date | description | view/download |
|---|
