honeymaster limited
honeymaster limited Company Information
Company Number
02948677
Registered Address
1 hyverhall barnet gate, barnet, hertfordshire, EN5 3JA
Industry
Hotels and similar accommodation
Telephone
02079150000
Next Accounts Due
March 2025
Group Structure
View All
Shareholders
manhad narula 100%
honeymaster limited Estimated Valuation
Pomanda estimates the enterprise value of HONEYMASTER LIMITED at £390.3k based on a Turnover of £357.9k and 1.09x industry multiple (adjusted for size and gross margin).
honeymaster limited Estimated Valuation
Pomanda estimates the enterprise value of HONEYMASTER LIMITED at £3.7m based on an EBITDA of £835.5k and a 4.38x industry multiple (adjusted for size and gross margin).
honeymaster limited Estimated Valuation
Pomanda estimates the enterprise value of HONEYMASTER LIMITED at £0 based on Net Assets of £-1m and 0.73x industry multiple (adjusted for liquidity).
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Honeymaster Limited Overview
Honeymaster Limited is a live company located in hertfordshire, EN5 3JA with a Companies House number of 02948677. It operates in the hotels and similar accommodation sector, SIC Code 55100. Founded in July 1994, it's largest shareholder is manhad narula with a 100% stake. Honeymaster Limited is a mature, micro sized company, Pomanda has estimated its turnover at £357.9k with rapid growth in recent years.
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Honeymaster Limited Health Check
Pomanda's financial health check has awarded Honeymaster Limited a 3.5 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 £357.9k, make it smaller than the average company (£5m)
- Honeymaster Limited
£5m - Industry AVG
Growth
3 year (CAGR) sales growth of 30%, show it is growing at a faster rate (2.7%)
- Honeymaster Limited
2.7% - Industry AVG
Production
with a gross margin of 61.8%, this company has a comparable cost of product (61.8%)
- Honeymaster Limited
61.8% - Industry AVG
Profitability
an operating margin of 186.1% make it more profitable than the average company (8.8%)
- Honeymaster Limited
8.8% - Industry AVG
Employees
with 5 employees, this is below the industry average (77)
5 - Honeymaster Limited
77 - Industry AVG
Pay Structure
on an average salary of £22.4k, the company has an equivalent pay structure (£22.4k)
- Honeymaster Limited
£22.4k - Industry AVG
Efficiency
resulting in sales per employee of £71.6k, this is equally as efficient (£68.1k)
- Honeymaster Limited
£68.1k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Honeymaster Limited
- - Industry AVG
Creditor Days
its suppliers are paid after 437 days, this is slower than average (46 days)
- Honeymaster Limited
46 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Honeymaster Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 2 weeks, this is less cash available to meet short term requirements (7 weeks)
2 weeks - Honeymaster Limited
7 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 159.2%, this is a higher level of debt than the average (76.1%)
159.2% - Honeymaster Limited
76.1% - Industry AVG
HONEYMASTER LIMITED financials
Honeymaster Limited's latest turnover from June 2023 is estimated at £357.9 thousand and the company has net assets of -£1 million. According to their latest financial statements, Honeymaster Limited has 5 employees and maintains cash reserves of £40 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Jun 2018 | Jun 2017 | Jun 2016 | Jun 2015 | Jun 2014 | Jun 2013 | Jun 2012 | Jun 2011 | Jun 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | ||||||||||||||
| Other Income Or Grants | ||||||||||||||
| Cost Of Sales | ||||||||||||||
| Gross Profit | ||||||||||||||
| Admin Expenses | ||||||||||||||
| Operating Profit | ||||||||||||||
| Interest Payable | ||||||||||||||
| Interest Receivable | ||||||||||||||
| Pre-Tax Profit | ||||||||||||||
| Tax | ||||||||||||||
| Profit After Tax | ||||||||||||||
| Dividends Paid | ||||||||||||||
| Retained Profit | ||||||||||||||
| Employee Costs | ||||||||||||||
| Number Of Employees | 5 | 4 | 3 | 3 | 5 | 14 | 25 | 28 | ||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Jun 2018 | Jun 2017 | Jun 2016 | Jun 2015 | Jun 2014 | Jun 2013 | Jun 2012 | Jun 2011 | Jun 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 1,617,976 | 1,787,246 | 1,985,588 | 2,035,562 | 2,241,276 | 2,480,800 | 2,757,938 | 3,081,730 | 3,461,207 | 2,898,237 | 1,942,954 | 2,030,407 | 2,120,899 | 2,214,999 |
| 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 | 1,617,976 | 1,787,246 | 1,985,588 | 2,035,562 | 2,241,276 | 2,480,800 | 2,757,938 | 3,081,730 | 3,461,207 | 2,898,237 | 1,942,954 | 2,030,407 | 2,120,899 | 2,214,999 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 6,190 | 5,469 | 9,205 | 0 | 2,550 | 2,670 | 2,550 | 2,190 |
| Trade Debtors | 0 | 0 | 31,959 | 0 | 6,946 | 24,198 | 3,159 | 2,692 | 225,540 | 423,061 | 659,956 | 483,557 | 307,947 | 311,363 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 68,274 | 138,530 | 118,750 | 119,750 | 118,750 | 763,604 | 1,583,853 | 192,851 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 39,986 | 138,231 | 1,811 | 16,474 | 16,502 | 13,450 | 43,807 | 50,420 | 40,047 | 21 | 28,410 | 47,570 | 60,268 | 57,653 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 108,260 | 276,761 | 152,520 | 136,224 | 142,198 | 801,252 | 1,637,009 | 251,432 | 274,792 | 423,082 | 690,916 | 533,797 | 370,765 | 371,206 |
| total assets | 1,726,236 | 2,064,007 | 2,138,108 | 2,171,786 | 2,383,474 | 3,282,052 | 4,394,947 | 3,333,162 | 3,735,999 | 3,321,319 | 2,633,870 | 2,564,204 | 2,491,664 | 2,586,205 |
| Bank overdraft | 10,015 | 9,768 | 9,434 | 0 | 0 | 1,224,000 | 1,040,000 | 0 | 0 | 186,000 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 164,096 | 145,589 | 14,973 | 30,109 | 50,419 | 146,379 | 133,559 | 133,405 | 572,410 | 295,473 | 112,104 | 132,568 | 215,345 | 451,674 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 4,383,713 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 7,711 | 7,711 | 0 | 0 | 0 | 0 | 5,107 | 30,909 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 659,001 | 834,545 | 1,888,563 | 1,471,649 | 1,352,520 | 414,997 | 4,740,502 | 281,031 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 840,823 | 997,613 | 1,912,970 | 1,501,758 | 1,402,939 | 1,785,376 | 5,919,168 | 4,829,058 | 572,410 | 481,473 | 112,104 | 132,568 | 215,345 | 451,674 |
| loans | 1,859,036 | 1,263,243 | 1,870,893 | 2,235,284 | 2,660,593 | 3,256,111 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 48,444 | 56,155 | 0 | 0 | 0 | 0 | 0 | 3,836 | 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 | 1,142,440 | 0 | 0 | 0 | 0 | 0 | 0 | 4,472,486 | 2,446,036 | 1,865,163 | 1,865,490 | 1,866,719 | 1,865,202 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1,656 | 1,656 | 1,656 | 1,656 |
| total long term liabilities | 1,907,480 | 2,461,838 | 1,870,893 | 2,235,284 | 2,660,593 | 3,256,111 | 0 | 3,836 | 4,472,486 | 2,446,036 | 1,866,819 | 1,867,146 | 1,868,375 | 1,866,858 |
| total liabilities | 2,748,303 | 3,459,451 | 3,783,863 | 3,737,042 | 4,063,532 | 5,041,487 | 5,919,168 | 4,832,894 | 5,044,896 | 2,927,509 | 1,978,923 | 1,999,714 | 2,083,720 | 2,318,532 |
| net assets | -1,022,067 | -1,395,444 | -1,645,755 | -1,565,256 | -1,680,058 | -1,759,435 | -1,524,221 | -1,499,732 | -1,308,897 | 393,810 | 654,947 | 564,490 | 407,944 | 267,673 |
| total shareholders funds | -1,022,067 | -1,395,444 | -1,645,755 | -1,565,256 | -1,680,058 | -1,759,435 | -1,524,221 | -1,499,732 | -1,308,897 | 393,810 | 654,947 | 564,490 | 407,944 | 267,673 |
| Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Jun 2018 | Jun 2017 | Jun 2016 | Jun 2015 | Jun 2014 | Jun 2013 | Jun 2012 | Jun 2011 | Jun 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||||
| Operating Profit | ||||||||||||||
| Depreciation | 169,270 | 170,412 | 179,974 | 205,714 | 240,033 | 285,626 | 343,754 | 417,436 | 343,171 | 158,423 | 93,348 | 95,790 | 99,240 | 103,898 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | ||||||||||||||
| Stock | 0 | 0 | 0 | 0 | 0 | -6,190 | 721 | -3,736 | 9,205 | -2,550 | -120 | 120 | 360 | 2,190 |
| Debtors | -70,256 | -12,179 | 30,959 | -5,946 | -662,106 | -799,210 | 1,391,469 | -29,997 | -197,521 | -236,895 | 176,399 | 175,610 | -3,416 | 311,363 |
| Creditors | 18,507 | 130,616 | -15,136 | -20,310 | -95,960 | 12,820 | 154 | -439,005 | 276,937 | 183,369 | -20,464 | -82,777 | -236,329 | 451,674 |
| Accruals and Deferred Income | -175,544 | -1,054,018 | 416,914 | 119,129 | 937,523 | -4,325,505 | 4,459,471 | 281,031 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -1,656 | 0 | 0 | 0 | 1,656 |
| Cash flow from operations | ||||||||||||||
| Investing Activities | ||||||||||||||
| capital expenditure | ||||||||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | ||||||||||||||
| 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 | -4,383,713 | 4,383,713 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 595,793 | -607,650 | -364,391 | -425,309 | -595,518 | 3,256,111 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | -7,711 | 63,866 | 0 | 0 | 0 | -5,107 | -29,638 | 34,745 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | -1,142,440 | 1,142,440 | 0 | 0 | 0 | 0 | 0 | -4,472,486 | 2,026,450 | 580,873 | -327 | -1,229 | 1,517 | 1,865,202 |
| share issue | ||||||||||||||
| interest | ||||||||||||||
| cash flow from financing | ||||||||||||||
| cash and cash equivalents | ||||||||||||||
| cash | -98,245 | 136,420 | -14,663 | -28 | 3,052 | -30,357 | -6,613 | 10,373 | 40,026 | -28,389 | -19,160 | -12,698 | 2,615 | 57,653 |
| overdraft | 247 | 334 | 9,434 | 0 | -1,224,000 | 184,000 | 1,040,000 | 0 | -186,000 | 186,000 | 0 | 0 | 0 | 0 |
| change in cash | -98,492 | 136,086 | -24,097 | -28 | 1,227,052 | -214,357 | -1,046,613 | 10,373 | 226,026 | -214,389 | -19,160 | -12,698 | 2,615 | 57,653 |
honeymaster limited Credit Report and Business Information
Honeymaster Limited Competitor Analysis
Perform a competitor analysis for honeymaster limited by selecting its closest rivals, whether from the ACCOMMODATION AND FOOD SERVICE ACTIVITIES sector, other micro companies, companies in EN5 area or any other competitors across 12 key performance metrics.
honeymaster limited Ownership
HONEYMASTER LIMITED group structure
Honeymaster Limited has no subsidiary companies.
Ultimate parent company
HONEYMASTER LIMITED
02948677
honeymaster limited directors
Honeymaster Limited currently has 2 directors. The longest serving directors include Mr Manhad Narula (May 2002) and Gopi Narula (Jan 2022).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Manhad Narula | 41 years | May 2002 | - | Director | |
| Gopi Narula | United Kingdom | 41 years | Jan 2022 | - | Director |
P&L
June 2023turnover
357.9k
+56%
operating profit
666.2k
0%
gross margin
61.8%
+5.3%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
June 2023net assets
-1m
-0.27%
total assets
1.7m
-0.16%
cash
40k
-0.71%
net assets
Total assets minus all liabilities
honeymaster limited company details
company number
02948677
Type
Private limited with Share Capital
industry
55100 - Hotels and similar accommodation
incorporation date
July 1994
age
30
incorporated
UK
accounts
Total Exemption Full
ultimate parent company
previous names
N/A
last accounts submitted
June 2023
address
1 hyverhall barnet gate, barnet, hertfordshire, EN5 3JA
accountant
-
auditor
-
honeymaster 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 13 charges/mortgages relating to honeymaster limited. Currently there are 0 open charges and 13 have been satisfied in the past.
honeymaster limited Companies House Filings - See Documents
| date | description | view/download |
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