2 Hb Limited

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2 hb limited Company Information

Dissolved

Company Number

03022374

Website

Registered Address

88 boundary road, hove, east sussex, BN3 7GA

Industry

Specialised design activities

Telephone

01273303995

Next Accounts Due

October 2024

Group Structure

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Directors

Graham Hubbard29 Years

Shareholders

graham john hubbard 90%

joan hubbard 10%

2 hb limited Estimated Valuation

£53k

Pomanda estimates the enterprise value of 2 HB LIMITED at £53k based on a Turnover of £133k and 0.4x industry multiple (adjusted for size and gross margin).

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2 Hb Limited is a dissolved company that was located in east sussex, BN3 7GA with a Companies House number of 03022374. It operated in the specialised design activities sector, SIC Code 74100. Founded in February 1995, it's largest shareholder was graham john hubbard with a 90% stake. The last turnover for 2 Hb Limited was estimated at £133k.

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Pomanda's financial health check has awarded 2 Hb Limited a 2 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 7 areas for improvement. Company Health Check FAQs

Health Rating2out of 5

2 Strong

1 Regular

7 Weak

Size

annual sales of £133k, make it smaller than the average company (£178.9k)

Growth

3 year (CAGR) sales growth of -21%, show it is growing at a slower rate (1.5%)

EXPORT

2 Hb Limited's latest turnover from January 2021 is estimated at £133 thousand and the company has net assets of £13.3 thousand. According to their latest financial statements, 2 Hb Limited has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies House, Pomanda Estimates

	Jan 2021	Jan 2020	Jan 2019	Jan 2018	Jan 2017	Jan 2016	Jan 2015	Jan 2014	Jan 2013	Jan 2012	Jan 2011	Jan 2010
Turnover	132,973	314,200	276,906	272,555	285,956	189,930	65,295	14,162	37,166	35,159	34,240	12,200
Other Income Or Grants	0	0	0	0	0	0	0	0	0	0	0	0
Cost Of Sales	90,164	207,394	184,396	181,534	182,696	117,320	38,441	8,763	25,570	23,181	22,387	8,119
Gross Profit	42,809	106,806	92,510	91,021	103,260	72,611	26,854	5,399	11,596	11,978	11,853	4,081
Admin Expenses	57,322	104,747	113,792	54,232	81,672	75,696	23,396	5,319	13,783	-27,360	6,564	34,780
Operating Profit	-14,513	2,059	-21,282	36,789	21,588	-3,085	3,458	80	-2,187	39,338	5,289	-30,699
Interest Payable	0	0	0	0	0	0	0	0	0	0	0	0
Interest Receivable	0	0	0	0	0	174	206	85	116	73	20	10
Pre-Tax Profit	-14,513	2,059	-21,282	36,789	21,588	-2,911	3,663	165	-2,071	39,411	5,310	-30,689
Tax	0	-391	0	-6,990	-4,317	0	-769	-38	0	-10,247	-1,487	0
Profit After Tax	-14,513	1,668	-21,282	29,799	17,270	-2,911	2,894	127	-2,071	29,164	3,823	-30,689
Dividends Paid	0	0	0	0	0	0	0	0	0	0	0	0
Retained Profit	-14,513	1,668	-21,282	29,799	17,270	-2,911	2,894	127	-2,071	29,164	3,823	-30,689
Employee Costs	30,167	34,987	41,204	39,884	39,413	39,778	43,492	40,259	35,385	40,470	29,256	34,509
Number Of Employees	1	1	1	1	1	1	1	1	1	1	1	1
EBITDA*	-14,513	2,059	-21,282	36,789	21,588	-2,908	3,695	409	-1,748	39,922	5,691	-30,164

* Earnings Before Interest, Tax, Depreciation and Amortisation

	Jan 2021	Jan 2020	Jan 2019	Jan 2018	Jan 2017	Jan 2016	Jan 2015	Jan 2014	Jan 2013	Jan 2012	Jan 2011	Jan 2010
Tangible Assets	0	4,306	3,389	2,360	1,329	532	709	987	1,316	1,755	1,212	1,614
Intangible Assets	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
Debtors (Due After 1 year)	0	0	0	0	0	0	0	0	0	0	0	0
Total Fixed Assets	0	4,306	3,389	2,360	1,329	532	709	987	1,316	1,755	1,212	1,614
Stock & work in progress	0	0	0	0	0	0	0	0	0	0	0	0
Trade Debtors	68,356	147,707	127,376	132,716	109,768	49,242	8,860	0	0	0	0	200
Group Debtors	0	0	0	0	0	0	0	0	0	0	0	0
Misc Debtors	0	0	0	0	0	0	0	0	0	0	0	0
Cash	0	0	0	0	0	0	69,679	12,599	21,498	24,980	4,054	4,104
misc current assets	0	0	0	0	0	0	0	0	0	0	0	0
total current assets	68,356	147,707	127,376	132,716	109,768	49,242	78,539	12,599	21,498	24,980	4,054	4,304
total assets	68,356	152,013	130,765	135,076	111,097	49,774	79,248	13,586	22,814	26,735	5,266	5,918
Bank overdraft	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
Trade Creditors	54,377	123,522	103,941	86,970	92,901	48,888	75,759	12,935	22,224	23,986	31,949	36,507
Group/Directors Accounts	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
hp & lease commitments	0	0	0	0	0	0	0	0	0	0	0	0
other current liabilities	0	0	0	0	0	0	0	0	0	0	0	0
total current liabilities	54,377	123,522	103,941	86,970	92,901	48,888	75,759	12,935	22,224	23,986	31,949	36,507
loans	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
Accruals and Deferred Income	700	699	700	700	589	549	0	0	0	0	0	0
other liabilities	0	0	0	0	0	0	0	0	0	0	0	0
provisions	0	0	0	0	0	0	141	197	263	351	83	0
total long term liabilities	700	699	700	700	589	549	141	197	263	351	83	0
total liabilities	55,077	124,221	104,641	87,670	93,490	49,437	75,900	13,132	22,487	24,337	32,032	36,507
net assets	13,279	27,792	26,124	47,406	17,607	337	3,348	454	327	2,398	-26,766	-30,589
total shareholders funds	13,279	27,792	26,124	47,406	17,607	337	3,348	454	327	2,398	-26,766	-30,589

	Jan 2021	Jan 2020	Jan 2019	Jan 2018	Jan 2017	Jan 2016	Jan 2015	Jan 2014	Jan 2013	Jan 2012	Jan 2011	Jan 2010
Operating Activities
Operating Profit	-14,513	2,059	-21,282	36,789	21,588	-3,085	3,458	80	-2,187	39,338	5,289	-30,699
Depreciation	0	0	0	0	0	177	237	329	439	584	402	535
Amortisation	0	0	0	0	0	0	0	0	0	0	0	0
Tax	0	-391	0	-6,990	-4,317	0	-769	-38	0	-10,247	-1,487	0
Stock	0	0	0	0	0	0	0	0	0	0	0	0
Debtors	-79,351	20,331	-5,340	22,948	60,526	40,382	8,860	0	0	0	-200	200
Creditors	-69,145	19,581	16,971	-5,931	44,013	-26,871	62,824	-9,289	-1,762	-7,963	-4,558	36,507
Accruals and Deferred Income	1	-1	0	111	40	549	0	0	0	0	0	0
Deferred Taxes & Provisions	0	0	0	0	0	-141	-56	-66	-88	268	83	0
Cash flow from operations	-4,306	917	1,029	1,031	798	-69,753	56,834	-8,984	-3,598	21,980	-71	6,143
Investing Activities
capital expenditure	4,306	-917	-1,029	-1,031	-797	0	41	0	0	-1,127	0	-2,149
Change in Investments	0	0	0	0	0	0	0	0	0	0	0	0
cash flow from investments	4,306	-917	-1,029	-1,031	-797	0	41	0	0	-1,127	0	-2,149
Financing Activities
Bank loans	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
Other Short Term Loans	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	0	0
Hire Purchase and Lease Commitments	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
share issue	0	0	0	0	0	-100	0	0	0	0	0	100
interest	0	0	0	0	0	174	206	85	116	73	20	10
cash flow from financing	0	0	0	0	0	74	206	85	116	73	20	110
cash and cash equivalents
cash	0	0	0	0	0	-69,679	57,080	-8,899	-3,482	20,926	-50	4,104
overdraft	0	0	0	0	0	0	0	0	0	0	0	0
change in cash	0	0	0	0	0	-69,679	57,080	-8,899	-3,482	20,926	-50	4,104

Very Low Risk70 - 100

Low Risk50 - 70

Moderate Risk30 - 50

High Risk20 - 30

Very High Risk0 - 20

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Perform a competitor analysis for 2 hb limited by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other undefined companies, companies in BN3 area or any other competitors across 12 key performance metrics.

2 HB LIMITED group structure

2 Hb Limited has no subsidiary companies.

Ultimate parent company

2 HB LIMITED

03022374

2 HB LIMITED Shareholders

graham john hubbard	90%
joan hubbard	10%

2 Hb Limited currently has 1 director, Mr Graham Hubbard serving since Feb 1995.

officer	country	age	start	end	role
Mr Graham Hubbard		66 years	Feb 1995	-	Director

P&L

January 2021

turnover

133k

-58%

operating profit

-14.5k

gross margin

32.2%

-5.29%

turnover

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

Balance Sheet

January 2021

net assets

13.3k

-0.52%

total assets

68.4k

-0.55%

cash

net assets

Total assets minus all liabilities

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company number

03022374

Type

Private limited with Share Capital

industry

74100 - Specialised design activities

incorporation date

February 1995

accounts

Micro-Entity Accounts

ultimate parent company

None

previous names

N/A

last accounts submitted

January 2021

address

88 boundary road, hove, east sussex, BN3 7GA

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 did not find charges/mortgages relating to 2 hb limited.

2 hb limited Company Information

2 hb limited Estimated Valuation

2 hb limited Estimated Valuation

2 hb limited Estimated Valuation

2 Hb Limited Overview

2 Hb Limited Health Check

2 HB LIMITED financials

2 hb limited Credit Report and Business Information

2 Hb Limited Competitor Analysis

2 hb limited Ownership

2 hb limited directors

2 hb limited company details

2 hb limited Charges & Mortgages

2 hb limited Companies House Filings - See Documents