Hean Studio Limited

POWER SEARCH PRICING

SOLUTIONS

hean studio limited Company Information

Live

MatureSmallDeclining

Company Number

02227528

Website

www.heanstudio.com

Registered Address

leominster, herefordshire, HR6 9QU

Industry

Precious metals production

Telephone

01568708966

Next Accounts Due

January 2025

Group Structure

View All

Directors

Marlene Trinder34 Years

Peter Nootenboom33 Years

View All

Shareholders

apollonius nootenboom 24%

a. newton 24%

View All

hean studio limited Estimated Valuation

£2.4m

Pomanda estimates the enterprise value of HEAN STUDIO LIMITED at £2.4m based on a Turnover of £3.4m and 0.69x industry multiple (adjusted for size and gross margin).

Edit your figures and get a professional valuation report.

Hean Studio Limited is a live company located in herefordshire, HR6 9QU with a Companies House number of 02227528. It operates in the precious metals production sector, SIC Code 24410. Founded in March 1988, it's largest shareholder is apollonius nootenboom with a 24% stake. Hean Studio Limited is a mature, small sized company, Pomanda has estimated its turnover at £3.4m with declining growth in recent years.

View Sample

Upgrade for unlimited company reports & a free credit check

Pomanda's financial health check has awarded Hean Studio Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 6 areas for improvement. Company Health Check FAQs

Health Rating3.5out of 5

3 Strong

3 Regular

6 Weak

Size

annual sales of £3.4m, make it smaller than the average company (£72.9m)

Growth

3 year (CAGR) sales growth of -3%, show it is growing at a slower rate (2.2%)

EXPORT

Hean Studio Limited's latest turnover from April 2023 is estimated at £3.4 million and the company has net assets of £1.4 million. According to their latest financial statements, Hean Studio Limited has 15 employees and maintains cash reserves of £287.3 thousand as reported in the balance sheet.

Data source: Companies House, Pomanda Estimates

	Apr 2023	Apr 2022	Apr 2021	Apr 2020	Apr 2019	Apr 2018	Apr 2017	Apr 2016	Apr 2015	Apr 2014	Apr 2013	Apr 2012	Apr 2011	Apr 2010
Turnover	3,438,669	4,445,168	2,653,574	3,821,039	3,516,527	4,043,881	7,288,941	3,217,558	6,382,390	3,636,578	12,522,354	5,636,174	3,479,833	7,685,733
Other Income Or Grants	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Cost Of Sales	2,551,581	4,025,523	2,501,622	3,407,450	3,094,732	3,511,002	6,743,387	2,998,328	5,837,640	3,279,886	11,645,313	5,239,490	3,105,940	7,049,329
Gross Profit	887,087	419,645	151,951	413,589	421,795	532,879	545,553	219,230	544,750	356,692	877,040	396,683	373,893	636,403
Admin Expenses	910,274	224,500	160,517	257,565	476,172	577,433	713,308	367,518	611,645	294,589	952,932	470,594	292,765	-1,595,167
Operating Profit	-23,187	195,145	-8,566	156,024	-54,377	-44,554	-167,755	-148,288	-66,895	62,103	-75,892	-73,911	81,128	2,231,570
Interest Payable	24,384	12,585	3,965	0	0	0	0	0	0	0	0	0	0	0
Interest Receivable	14,946	2,365	223	183	500	0	0	764	1,385	1,446	2,096	2,251	1,693	713
Pre-Tax Profit	-32,625	184,925	-12,308	156,206	-53,877	-44,554	-167,755	-147,524	-65,510	63,549	-73,796	-71,660	82,820	2,232,283
Tax	0	-35,136	0	-29,679	0	0	0	0	0	-13,345	0	0	-21,533	-625,039
Profit After Tax	-32,625	149,789	-12,308	126,527	-53,877	-44,554	-167,755	-147,524	-65,510	50,204	-73,796	-71,660	61,287	1,607,244
Dividends Paid	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Retained Profit	-32,625	149,789	-12,308	126,527	-53,877	-44,554	-167,755	-147,524	-65,510	50,204	-73,796	-71,660	61,287	1,607,244
Employee Costs	865,020	601,090	636,135	602,482	606,375	622,946	1,097,089	326,985	412,953	177,939	392,368	238,881	178,575	469,835
Number Of Employees	15	15	15	15	15	15	26	9	10	5	9	5	5	12
EBITDA*	310	220,911	7,428	171,277	-41,810	-28,514	-146,598	-124,181	-44,870	82,405	-55,332	-50,375	102,174	2,257,558

* Earnings Before Interest, Tax, Depreciation and Amortisation

	Apr 2023	Apr 2022	Apr 2021	Apr 2020	Apr 2019	Apr 2018	Apr 2017	Apr 2016	Apr 2015	Apr 2014	Apr 2013	Apr 2012	Apr 2011	Apr 2010
Tangible Assets	662,587	676,148	691,129	636,240	619,469	627,386	643,152	654,356	670,567	676,890	641,886	651,650	650,462	651,667
Intangible Assets	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Investments & Other	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Debtors (Due After 1 year)	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Total Fixed Assets	662,587	676,148	691,129	636,240	619,469	627,386	643,152	654,356	670,567	676,890	641,886	651,650	650,462	651,667
Stock & work in progress	340,557	362,884	339,280	251,558	268,583	244,193	240,298	201,579	162,261	238,559	241,155	213,057	339,756	168,560
Trade Debtors	362,873	407,867	319,224	392,005	438,954	536,490	483,554	604,645	680,427	756,895	726,107	661,321	679,799	942,730
Group Debtors	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Misc Debtors	147,944	142,201	148,737	0	0	0	0	0	0	0	0	80,714	73,896	35,192
Cash	287,336	416,004	214,548	231,764	133,321	0	0	0	305,635	248,562	329,930	508,616	391,684	285,336
misc current assets	0	0	0	0	0	96,242	163,226	187,709	0	0	0	0	0	0
total current assets	1,138,710	1,328,956	1,021,789	875,327	840,858	876,925	887,078	993,933	1,148,323	1,244,016	1,297,192	1,463,708	1,485,135	1,431,818
total assets	1,801,297	2,005,104	1,712,918	1,511,567	1,460,327	1,504,311	1,530,230	1,648,289	1,818,890	1,920,906	1,939,078	2,115,358	2,135,597	2,083,485
Bank overdraft	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Bank loan	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Trade Creditors	87,664	138,887	108,594	221,720	300,476	288,541	267,037	219,586	242,663	279,169	347,545	450,029	398,608	407,783
Group/Directors Accounts	0	0	0	0	0	0	0	0	0	0	0	0	0	0
other short term finances	200,000	200,000	80,000	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
other current liabilities	86,036	195,995	196,785	0	0	0	0	0	0	0	0	0	0	0
total current liabilities	373,700	534,882	385,379	221,720	300,476	288,541	267,037	219,586	242,663	279,169	347,545	450,029	398,608	407,783
loans	32,894	42,894	50,000	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
Accruals and Deferred Income	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
provisions	9,061	9,061	9,061	9,061	5,592	7,634	10,503	8,258	8,258	8,258	8,258	8,258	8,258	8,258
total long term liabilities	41,955	51,955	59,061	9,061	5,592	7,634	10,503	8,258	8,258	8,258	8,258	8,258	8,258	8,258
total liabilities	415,655	586,837	444,440	230,781	306,068	296,175	277,540	227,844	250,921	287,427	355,803	458,287	406,866	416,041
net assets	1,385,642	1,418,267	1,268,478	1,280,786	1,154,259	1,208,136	1,252,690	1,420,445	1,567,969	1,633,479	1,583,275	1,657,071	1,728,731	1,667,444
total shareholders funds	1,385,642	1,418,267	1,268,478	1,280,786	1,154,259	1,208,136	1,252,690	1,420,445	1,567,969	1,633,479	1,583,275	1,657,071	1,728,731	1,667,444

	Apr 2023	Apr 2022	Apr 2021	Apr 2020	Apr 2019	Apr 2018	Apr 2017	Apr 2016	Apr 2015	Apr 2014	Apr 2013	Apr 2012	Apr 2011	Apr 2010
Operating Activities
Operating Profit	-23,187	195,145	-8,566	156,024	-54,377	-44,554	-167,755	-148,288	-66,895	62,103	-75,892	-73,911	81,128	2,231,570
Depreciation	23,497	25,766	15,994	15,253	12,567	16,040	21,157	24,107	22,025	20,302	20,560	23,536	21,046	25,988
Amortisation	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Tax	0	-35,136	0	-29,679	0	0	0	0	0	-13,345	0	0	-21,533	-625,039
Stock	-22,327	23,604	87,722	-17,025	24,390	3,895	38,719	39,318	-76,298	-2,596	28,098	-126,699	171,196	168,560
Debtors	-39,251	82,107	75,956	-46,949	-97,536	52,936	-121,091	-75,782	-76,468	30,788	-15,928	-11,660	-224,227	977,922
Creditors	-51,223	30,293	-113,126	-78,756	11,935	21,504	47,451	-23,077	-36,506	-68,376	-102,484	51,421	-9,175	407,783
Accruals and Deferred Income	-109,959	-790	196,785	0	0	0	0	0	0	0	0	0	0	0
Deferred Taxes & Provisions	0	0	0	3,469	-2,042	-2,869	2,245	0	0	0	0	0	0	8,258
Cash flow from operations	-99,294	109,567	-72,591	130,285	41,229	-66,710	-14,530	-110,794	71,390	-27,508	-169,986	139,405	124,497	902,078
Investing Activities
capital expenditure	-9,936	-10,785	-70,883	-32,024	-4,650	-274	-9,953	-7,896	-15,702	-55,306	-10,796	-24,724	-19,841	-677,655
Change in Investments	0	0	0	0	0	0	0	0	0	0	0	0	0	0
cash flow from investments	-9,936	-10,785	-70,883	-32,024	-4,650	-274	-9,953	-7,896	-15,702	-55,306	-10,796	-24,724	-19,841	-677,655
Financing Activities
Bank loans	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
Other Short Term Loans	0	120,000	80,000	0	0	0	0	0	0	0	0	0	0	0
Long term loans	-10,000	-7,106	50,000	0	0	0	0	0	0	0	0	0	0	0
Hire Purchase and Lease Commitments	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
share issue	0	0	0	0	0	0	0	0	0	0	0	0	0	60,200
interest	-9,438	-10,220	-3,742	183	500	0	0	764	1,385	1,446	2,096	2,251	1,693	713
cash flow from financing	-19,438	102,674	126,258	183	500	0	0	764	1,385	1,446	2,096	2,251	1,693	60,913
cash and cash equivalents
cash	-128,668	201,456	-17,216	98,443	133,321	0	0	-305,635	57,073	-81,368	-178,686	116,932	106,348	285,336
overdraft	0	0	0	0	0	0	0	0	0	0	0	0	0	0
change in cash	-128,668	201,456	-17,216	98,443	133,321	0	0	-305,635	57,073	-81,368	-178,686	116,932	106,348	285,336

Very Low Risk70 - 100

Low Risk50 - 70

Moderate Risk30 - 50

High Risk20 - 30

Very High Risk0 - 20

Get a comprehensive credit check for hean studio limited. Get real-time insights into hean studio limited's credit score, group structure and payment trends.

From as little as £6.99

This will not impact your credit rating!

View Credit Report Sample

Perform a competitor analysis for hean studio limited by selecting its closest rivals and benchmarking them against 12 key performance metrics.

HEAN STUDIO LIMITED group structure

Hean Studio Limited has no subsidiary companies.

Ultimate parent company

HEAN STUDIO LIMITED

02227528

HEAN STUDIO LIMITED Shareholders

apollonius nootenboom	24%
a. newton	24%
p. nootenboom	24%
m. trinder	16%
richard trinder	8%
harley trinder	2%
mr p. nootenboom jnr	2%

Hean Studio Limited currently has 5 directors. The longest serving directors include Ms Marlene Trinder (Apr 1990) and Mr Peter Nootenboom (Jan 1991).

officer	country	age	start	end	role
Ms Marlene Trinder	England	66 years	Apr 1990	-	Director
Mr Peter Nootenboom	Hong Kong	76 years	Jan 1991	-	Director
Mr Alec Newton		73 years	Jan 1992	-	Director
Mr Richard Trinder	England	85 years	Oct 2000	-	Director
Mr David Bottoms		59 years	Feb 2004	-	Director

P&L

April 2023

turnover

3.4m

-23%

operating profit

-23.2k

gross margin

25.8%

+173.26%

turnover

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

Balance Sheet

April 2023

net assets

1.4m

-0.02%

total assets

1.8m

-0.1%

cash

287.3k

-0.31%

net assets

Total assets minus all liabilities

Similar Companies

Agree?

henna jewellers limited

birmingham metal co limited

1.5

peter hartnell (precious metals) limited

agate products limited

derek pobjoy investments limited

1.5

company number

02227528

Type

Private limited with Share Capital

industry

24410 - Precious metals production

incorporation date

March 1988

age

accounts

Total Exemption Full

ultimate parent company

None

previous names

N/A

incorporated

address

leominster, herefordshire, HR6 9QU

last accounts submitted

April 2023

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

hean studio limited Company Information

hean studio limited Estimated Valuation

hean studio limited Estimated Valuation

hean studio limited Estimated Valuation

Hean Studio Limited Overview

Hean Studio Limited Health Check

HEAN STUDIO LIMITED financials

hean studio limited Credit Report and Business Information

Hean Studio Limited Competitor Analysis

hean studio limited Ownership

hean studio limited directors

hean studio limited company details

hean studio limited Charges & Mortgages

hean studio limited Companies House Filings - See Documents