Non-specialised wholesale of food, beverages and tobacco
+1
Registered Address
unit 2 globe works, east moors road, cardiff, CF24 5EU
Website
-
hap shing trading company limitedEstimated Valuation
£19.9k
Pomanda estimates the enterprise value of HAP SHING TRADING COMPANY LIMITED at £19.9k based on a Turnover of £90.9k and 0.22x industry multiple (adjusted for size and gross margin).
hap shing trading company limitedEstimated Valuation
£0
Pomanda estimates the enterprise value of HAP SHING TRADING COMPANY LIMITED at £0 based on an EBITDA of £0 and a 2.7x industry multiple (adjusted for size and gross margin).
hap shing trading company limitedEstimated Valuation
£0
Pomanda estimates the enterprise value of HAP SHING TRADING COMPANY LIMITED at £0 based on Net Assets of £-1.5k and 2.34x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Hap Shing Trading Company LimitedOverview
Hap Shing Trading Company Limited is a live company located in cardiff, CF24 5EU with a Companies House number of 02438074. It operates in the wholesale of meat and meat products sector, SIC Code 46320. Founded in October 1989, it's largest shareholder is
mr yuk ching yip
with a 100% stake. Hap Shing Trading Company Limited is a mature,
micro sized company, Pomanda has estimated its turnover at
£90.9k with
healthy
growth in recent years.
Pomanda's financial health check has awarded Hap Shing Trading Company Limited a 0.5 rating. We use a traffic light system to show it exceeds the industry average on 0 measures and has 5 areas for improvement. Company Health Check FAQs
Health Rating0.5out of 5
0 Strong
2 Regular
5 Weak
Size
annual sales of £90.9k, make it smaller than the average company (£28.5m)
£90.9k - Hap Shing Trading Company Limited
£28.5m - Industry AVG
Growth
3 year (CAGR) sales growth of 9%, show it is growing at a similar rate (8.8%)
9% - Hap Shing Trading Company Limited
8.8% - Industry AVG
Production
with a gross margin of 9.7%, this company has a higher cost of product (15.5%)
9.7% - Hap Shing Trading Company Limited
15.5% - Industry AVG
Profitability
There is insufficient data available for this Key Performance Indicator!
- - Hap Shing Trading Company Limited
- - Industry AVG
Employees
with 1 employees, this is below the industry average (47)
1 - Hap Shing Trading Company Limited
47 - Industry AVG
Pay Structure
on an average salary of £39.8k, the company has an equivalent pay structure (£39.8k)
£39.8k - Hap Shing Trading Company Limited
£39.8k - Industry AVG
Efficiency
resulting in sales per employee of £90.9k, this is less efficient (£539.6k)
£90.9k - Hap Shing Trading Company Limited
£539.6k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- - Hap Shing Trading Company Limited
- - Industry AVG
Creditor Days
its suppliers are paid after 6 days, this is quicker than average (32 days)
6 days - Hap Shing Trading Company Limited
32 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Hap Shing Trading Company Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Hap Shing Trading Company Limited
- - Industry AVG
Debt Level
There is insufficient data available for this Key Performance Indicator!
- - Hap Shing Trading Company Limited
- - Industry AVG
HAP SHING TRADING COMPANY LIMITED financials
EXPORT
Hap Shing Trading Company Limited's latest turnover from December 2023 is estimated at £90.9 thousand and the company has net assets of -£1.5 thousand. According to their latest financial statements, Hap Shing Trading Company 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
90,875
82,059
72,839
71,144
67,038
67,459
480,060
195,937
838,910
918,082
1,074,688
1,183,562
5,089,780
Other Income Or Grants
Cost Of Sales
82,038
74,315
66,776
65,661
61,664
63,493
452,306
182,962
772,868
848,409
992,154
1,087,768
4,674,641
Gross Profit
8,838
7,745
6,063
5,483
5,374
3,966
27,753
12,975
66,042
69,673
82,535
95,794
415,139
Admin Expenses
8,838
7,745
6,063
5,483
5,801
146,189
-82,154
44,250
28,189
102,933
109,125
122,524
130,838
465,694
-434,781
Operating Profit
-427
-142,223
109,907
-31,275
-28,189
-36,891
-39,452
-39,989
-35,044
-50,555
434,781
Interest Payable
Interest Receivable
6
7
16
20
262
256
Pre-Tax Profit
-427
-142,223
109,907
-31,275
-28,189
-36,885
-39,445
-39,973
-35,024
-50,293
435,038
Tax
-20,882
-121,810
Profit After Tax
-427
-142,223
89,025
-31,275
-28,189
-36,885
-39,445
-39,973
-35,024
-50,293
313,227
Dividends Paid
Retained Profit
-427
-142,223
89,025
-31,275
-28,189
-36,885
-39,445
-39,973
-35,024
-50,293
313,227
Employee Costs
39,832
37,625
34,651
34,085
33,038
31,902
30,279
29,748
29,183
28,481
28,475
56,459
143,917
Number Of Employees
1
1
1
1
1
1
1
1
1
1
1
2
5
EBITDA*
-427
-142,223
109,907
-31,275
-28,189
-36,891
-39,452
-39,989
-35,044
-24,217
458,529
* 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
134,386
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
134,386
Stock & work in progress
506,566
Trade Debtors
142,523
210,341
245,268
286,566
322,156
928,157
328,702
Group Debtors
151,098
182,273
Misc Debtors
3,577
Cash
146
2,122
548
5,670
2,522
102,436
misc current assets
total current assets
142,523
151,098
182,273
210,487
247,390
287,114
327,826
930,679
941,281
total assets
142,523
151,098
182,273
210,487
247,390
287,114
327,826
930,679
1,075,667
Bank overdraft
Bank loan
Trade Creditors
1,482
1,482
1,482
1,482
252
875
1,175
1,380
1,398
1,677
2,416
570,245
638,627
Group/Directors Accounts
1,230
180
180
180
180
other short term finances
hp & lease commitments
other current liabilities
1,275
1,175
total current liabilities
1,482
1,482
1,482
1,482
1,482
1,055
1,355
1,455
1,355
1,380
1,398
1,677
2,416
570,245
638,627
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
20,465
provisions
5,848
total long term liabilities
26,313
total liabilities
1,482
1,482
1,482
1,482
1,482
1,055
1,355
1,455
1,355
1,380
1,398
1,677
2,416
570,245
664,940
net assets
-1,482
-1,482
-1,482
-1,482
-1,482
-1,055
141,168
149,643
180,918
209,107
245,992
285,437
325,410
360,434
410,727
total shareholders funds
-1,482
-1,482
-1,482
-1,482
-1,482
-1,055
141,168
149,643
180,918
209,107
245,992
285,437
325,410
360,434
410,727
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
-427
-142,223
109,907
-31,275
-28,189
-36,891
-39,452
-39,989
-35,044
-50,555
434,781
Depreciation
26,338
23,748
Amortisation
Tax
-20,882
-121,810
Stock
-506,566
506,566
Debtors
-142,523
-8,575
-31,175
-28,068
-34,927
-41,298
-35,590
-606,001
595,878
332,279
Creditors
1,230
-623
-300
1,175
-1,380
-18
-279
-739
-567,829
-68,382
638,627
Accruals and Deferred Income
-1,275
100
1,175
Deferred Taxes & Provisions
-5,848
5,848
Cash flow from operations
1,230
-1,050
97,500
-326
-1,982
1,567
-5,138
3,128
-187,759
142,349
Investing Activities
capital expenditure
108,048
-158,134
Change in Investments
cash flow from investments
108,048
-158,134
Financing Activities
Bank loans
Group/Directors Accounts
-1,230
1,050
180
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
-20,465
20,465
share issue
-97,500
97,500
interest
6
7
16
20
262
256
cash flow from financing
-1,230
1,050
-97,500
180
6
7
16
20
-20,203
118,221
cash and cash equivalents
cash
-146
-1,976
1,574
-5,122
3,148
-99,914
102,436
overdraft
change in cash
-146
-1,976
1,574
-5,122
3,148
-99,914
102,436
hap shing trading company limited Credit Report and Business Information
Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
Get a comprehensive credit check for hap shing trading company limited. Get real-time insights into hap shing trading company limited's credit score, group structure and payment trends.
Hap Shing Trading Company Limited Competitor Analysis
Perform a competitor analysis for hap shing trading company limited by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other micro companies, companies in CF24 area or any other competitors across 12 key performance metrics.
hap shing trading company limited Ownership
HAP SHING TRADING COMPANY LIMITED group structure
Hap Shing Trading Company Limited has no subsidiary companies.
Ultimate parent company
HAP SHING TRADING COMPANY LIMITED
02438074
HAP SHING TRADING COMPANY LIMITED Shareholders
The sole shareholder of Hap Shing Trading Company Limited is Mr Yuk Ching Yip.
mr yuk ching yip
100%
hap shing trading company limited directors
Hap Shing Trading Company Limited currently has 1 director, Mr Yuk Yip serving since Oct 1992.
46390 - Non-specialised wholesale of food, beverages and tobacco
46320 - Wholesale of meat and meat products
incorporation date
October 1989
age
36
incorporated
UK
ultimate parent company
None
accounts
Dormant
last accounts submitted
December 2023
previous names
astralprice limited (January 1990)
accountant
-
auditor
-
address
unit 2 globe works, east moors road, cardiff, CF24 5EU
Bank
NATIONAL WESTMINSTER BANK PLC
Legal Advisor
-
hap shing trading company 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 hap shing trading company limited. Currently there are 1 open charges and 0 have been satisfied in the past.
hap shing trading company 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 HAP SHING TRADING COMPANY LIMITED. This can take several minutes, an email will notify you when this has completed.
hap shing trading company limitedCompanies House Filings - See Documents
