h.a. funding limited Company Information
Company Number
03230346
Next Accounts
683 days late
Industry
Other business support service activities n.e.c.
Shareholders
royal exchange trust company ltd
Group Structure
View All
Contact
Registered Address
7th floor 21 lombard street, london, EC3V 9AH
h.a. funding limited Estimated Valuation
Pomanda estimates the enterprise value of H.A. FUNDING LIMITED at £1.3m based on a Turnover of £4.3m and 0.31x industry multiple (adjusted for size and gross margin).
h.a. funding limited Estimated Valuation
Pomanda estimates the enterprise value of H.A. FUNDING LIMITED at £9m based on an EBITDA of £3.9m and a 2.3x industry multiple (adjusted for size and gross margin).
h.a. funding limited Estimated Valuation
Pomanda estimates the enterprise value of H.A. FUNDING LIMITED at £422.8k based on Net Assets of £180k and 2.35x industry multiple (adjusted for liquidity).
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H.a. Funding Limited Overview
H.a. Funding Limited is a live company located in london, EC3V 9AH with a Companies House number of 03230346. It operates in the other business support service activities n.e.c. sector, SIC Code 82990. Founded in July 1996, it's largest shareholder is royal exchange trust company ltd with a 100% stake. H.a. Funding Limited is a mature, small sized company, Pomanda has estimated its turnover at £4.3m with declining growth in recent years.
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H.a. Funding Limited Health Check
Pomanda's financial health check has awarded H.A. Funding Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 3 areas for improvement. Company Health Check FAQs
3 Strong
2 Regular
3 Weak
Size
annual sales of £4.3m, make it larger than the average company (£2.5m)
£4.3m - H.a. Funding Limited
£2.5m - Industry AVG
Growth
3 year (CAGR) sales growth of -15%, show it is growing at a slower rate (1.4%)
-15% - H.a. Funding Limited
1.4% - Industry AVG
Production
with a gross margin of 2.6%, this company has a higher cost of product (37.2%)
2.6% - H.a. Funding Limited
37.2% - Industry AVG
Profitability
an operating margin of 91.5% make it more profitable than the average company (5.3%)
91.5% - H.a. Funding Limited
5.3% - Industry AVG
Employees
with 35 employees, this is above the industry average (21)
- H.a. Funding Limited
21 - Industry AVG
Pay Structure
There is insufficient data available for this Key Performance Indicator!
- H.a. Funding Limited
- - Industry AVG
Efficiency
resulting in sales per employee of £122.9k, this is equally as efficient (£124.3k)
- H.a. Funding Limited
£124.3k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- - H.a. Funding Limited
- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- - H.a. Funding Limited
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - H.a. Funding Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 33 weeks, this is average cash available to meet short term requirements (28 weeks)
33 weeks - H.a. Funding Limited
28 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 99.8%, this is a higher level of debt than the average (64.7%)
99.8% - H.a. Funding Limited
64.7% - Industry AVG
H.A. FUNDING LIMITED financials
H.A. Funding Limited's latest turnover from May 2021 is £4.3 million and the company has net assets of £180 thousand. According to their latest financial statements, we estimate that H.A. Funding Limited has 35 employees and maintains cash reserves of £18.5 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
May 2021 | May 2020 | May 2019 | May 2018 | May 2017 | May 2016 | May 2015 | May 2014 | May 2013 | May 2012 | May 2011 | May 2010 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Turnover | 4,301,379 | 4,793,222 | 5,360,855 | 6,888,363 | 9,141,174 | 9,711,369 | 10,193,999 | 10,668,157 | 11,110,514 | 11,551,399 | 11,904,726 | 12,263,092 |
Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Cost Of Sales | 4,191,560 | 4,747,593 | 5,352,847 | 6,882,679 | 9,133,859 | 9,703,619 | 10,185,836 | 10,659,661 | 11,101,323 | 11,542,281 | 11,895,143 | 12,253,388 |
Gross Profit | 109,819 | 45,629 | 8,008 | 5,684 | 7,315 | 7,750 | 8,163 | 8,496 | 9,191 | 9,118 | 9,583 | 9,704 |
Admin Expenses | 157 | 9,704 | ||||||||||
Operating Profit | 9,426 | 0 | ||||||||||
Interest Payable | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Interest Receivable | 174,454 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Pre-Tax Profit | 3,064 | 0 | 8,008 | 5,684 | 7,293 | 7,702 | 8,163 | 8,496 | 9,191 | 9,118 | 9,426 | 9,704 |
Tax | -582 | 0 | -1,521 | -1,080 | -1,444 | -1,541 | -1,633 | -1,699 | -1,838 | -1,824 | -1,980 | -2,038 |
Profit After Tax | 2,482 | 0 | 6,487 | 4,604 | 5,849 | 6,161 | 6,530 | 6,797 | 7,353 | 7,294 | 7,446 | 7,666 |
Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Retained Profit | 2,482 | 0 | 6,487 | 4,604 | 5,849 | 6,161 | 6,530 | 6,797 | 7,353 | 7,294 | 7,446 | 7,666 |
Employee Costs | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Number Of Employees | 3 | 3 | ||||||||||
EBITDA* | 9,426 | 0 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
May 2021 | May 2020 | May 2019 | May 2018 | May 2017 | May 2016 | May 2015 | May 2014 | May 2013 | May 2012 | May 2011 | May 2010 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Tangible Assets | 0 | 0 | 0 | 0 | 0 | 127,485,058 | 135,458,695 | 0 | 0 | 0 | 0 | 0 |
Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Investments & Other | 53,486,558 | 61,273,958 | 68,491,920 | 86,552,774 | 118,920,166 | 0 | 0 | 144,471,770 | 149,913,369 | 156,436,564 | 162,502,325 | 168,201,979 |
Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Total Fixed Assets | 53,486,558 | 61,273,958 | 68,491,920 | 86,552,774 | 118,920,166 | 127,485,058 | 135,458,695 | 144,471,770 | 149,913,369 | 156,436,564 | 162,502,325 | 168,201,979 |
Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Trade Debtors | 0 | 2,270,476 | 2,484,020 | 10,433,160 | 12,925,455 | 12,629,094 | 12,353,806 | 98,405 | 5,333,208 | 5,566,979 | 5,725,581 | 75,727 |
Group Debtors | 0 | 0 | 19,415 | 52,272 | 190,036 | 325,757 | 109,879 | 0 | 157,059 | 108,036 | 108,848 | 5,328,023 |
Misc Debtors | 9,851,261 | 7,302,952 | 6,813,147 | 0 | 0 | 0 | 0 | 12,096,362 | 6,523,195 | 6,065,761 | 5,699,653 | 5,902,652 |
Cash | 18,481,293 | 18,297,639 | 18,368,503 | 19,484,905 | 23,145,739 | 23,498,960 | 13,478,628 | 12,263,636 | 12,084,421 | 12,125,722 | 11,653,566 | 9,983,692 |
misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total current assets | 28,332,554 | 27,871,067 | 27,685,085 | 29,970,337 | 36,261,230 | 36,453,811 | 25,942,313 | 24,458,403 | 24,097,883 | 23,866,498 | 23,187,648 | 21,290,094 |
total assets | 81,819,112 | 89,145,025 | 96,177,005 | 116,523,111 | 155,181,396 | 163,938,869 | 161,401,008 | 168,930,173 | 174,011,252 | 180,303,062 | 185,689,973 | 189,492,073 |
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 | 0 | 602,531 | 279,949 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Group/Directors Accounts | 7,983,054 | 8,219,253 | 8,530,209 | 19,254,150 | 23,043,862 | 23,484,136 | 13,426,819 | 0 | 12,023,669 | 12,034,351 | 11,553,426 | 9,906,961 |
other short term finances | 7,843,700 | 7,206,848 | 6,867,003 | 0 | 0 | 0 | 0 | 0 | 6,525,765 | 6,085,947 | 0 | 0 |
hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other current liabilities | 12,561,575 | 11,695,654 | 11,872,257 | 10,549,147 | 12,965,832 | 12,719,916 | 12,253,508 | 24,215,038 | 5,309,021 | 5,511,554 | 11,386,684 | 11,159,311 |
total current liabilities | 28,388,329 | 27,724,286 | 27,549,418 | 29,803,297 | 36,009,694 | 36,204,052 | 25,680,327 | 24,215,038 | 23,858,455 | 23,631,852 | 22,940,110 | 21,066,272 |
loans | 53,250,799 | 61,243,237 | 68,450,085 | 86,548,799 | 119,005,291 | 127,574,255 | 135,566,280 | 144,567,263 | 150,011,722 | 156,537,488 | 162,623,435 | 168,306,819 |
hp & lease commitments | 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 |
other liabilities | 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 |
total long term liabilities | 53,250,799 | 61,243,237 | 68,450,085 | 86,548,799 | 119,005,291 | 127,574,255 | 135,566,280 | 144,567,263 | 150,011,722 | 156,537,488 | 162,623,435 | 168,306,819 |
total liabilities | 81,639,128 | 88,967,523 | 95,999,503 | 116,352,096 | 155,014,985 | 163,778,307 | 161,246,607 | 168,782,301 | 173,870,177 | 180,169,340 | 185,563,545 | 189,373,091 |
net assets | 179,984 | 177,502 | 177,502 | 171,015 | 166,411 | 160,562 | 154,401 | 147,872 | 141,075 | 133,722 | 126,428 | 118,982 |
total shareholders funds | 179,984 | 177,502 | 177,502 | 171,015 | 166,411 | 160,562 | 154,401 | 147,872 | 141,075 | 133,722 | 126,428 | 118,982 |
May 2021 | May 2020 | May 2019 | May 2018 | May 2017 | May 2016 | May 2015 | May 2014 | May 2013 | May 2012 | May 2011 | May 2010 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Operating Activities | ||||||||||||
Operating Profit | 9,426 | 0 | ||||||||||
Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Tax | -582 | 0 | -1,521 | -1,080 | -1,444 | -1,541 | -1,633 | -1,699 | -1,838 | -1,824 | -1,980 | -2,038 |
Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Debtors | 277,833 | 256,846 | -1,168,850 | -2,630,059 | 160,640 | 491,166 | 268,918 | 181,305 | 272,686 | 206,694 | 227,680 | 11,306,402 |
Creditors | -602,531 | 322,582 | 279,949 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Accruals and Deferred Income | 865,921 | -176,603 | 1,323,110 | -2,416,685 | 245,916 | 466,408 | -11,961,530 | 18,906,017 | -202,533 | -5,875,130 | 227,373 | 11,159,311 |
Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Cash flow from operations | 7,139 | -149,129 | ||||||||||
Investing Activities | ||||||||||||
capital expenditure | 0 | 0 | 0 | 33,642,201 | 7,973,637 | 7,473,178 | 6,981,497 | 0 | 0 | 0 | 0 | 0 |
Change in Investments | -7,787,400 | -7,217,962 | -18,060,854 | -32,367,392 | 118,920,166 | 0 | -144,471,770 | -5,441,599 | -6,523,195 | -6,065,761 | -5,699,654 | 168,201,979 |
cash flow from investments | 7,787,400 | 7,217,962 | 18,060,854 | 66,009,593 | -110,946,529 | 7,473,178 | 151,453,267 | 5,441,599 | 6,523,195 | 6,065,761 | 5,699,654 | -168,201,979 |
Financing Activities | ||||||||||||
Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Group/Directors Accounts | -236,199 | -310,956 | -10,723,941 | -3,789,712 | -440,274 | 10,057,317 | 13,426,819 | -12,023,669 | -10,682 | 480,925 | 1,646,465 | 9,906,961 |
Other Short Term Loans | 636,852 | 339,845 | 6,867,003 | 0 | 0 | 0 | 0 | -6,525,765 | 439,818 | 6,085,947 | 0 | 0 |
Long term loans | -7,992,438 | -7,206,848 | -18,098,714 | -32,456,492 | -8,568,964 | -7,992,025 | -9,000,983 | -5,444,459 | -6,525,766 | -6,085,947 | -5,683,384 | 168,306,819 |
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 | ||||||||||||
interest | 174,454 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
cash flow from financing | -7,417,331 | -7,177,959 | -21,955,652 | -36,246,204 | -9,009,238 | 2,065,292 | 4,425,835 | -23,993,893 | -6,096,630 | 480,925 | -4,036,919 | 178,325,096 |
cash and cash equivalents | ||||||||||||
cash | 183,654 | -70,864 | -1,116,402 | -3,660,834 | -353,221 | 10,020,332 | 1,214,992 | 179,215 | -41,301 | 472,156 | 1,669,874 | 9,983,692 |
overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
change in cash | 183,654 | -70,864 | -1,116,402 | -3,660,834 | -353,221 | 10,020,332 | 1,214,992 | 179,215 | -41,301 | 472,156 | 1,669,874 | 9,983,692 |
h.a. funding limited Credit Report and Business Information
H.a. Funding Limited Competitor Analysis
Perform a competitor analysis for h.a. funding limited by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other small companies, companies in EC3V area or any other competitors across 12 key performance metrics.
h.a. funding limited Ownership
H.A. FUNDING LIMITED group structure
H.A. Funding Limited has 1 subsidiary company.
Ultimate parent company
APEX GROUP LTD
#0070197
2 parents
H.A. FUNDING LIMITED
03230346
1 subsidiary
h.a. funding limited directors
H.A. Funding Limited currently has 2 directors. The longest serving directors include Mrs Susan Lawrence (Dec 2009) and Mr Sean Martin (Jul 2015).
officer | country | age | start | end | role |
---|---|---|---|---|---|
Mrs Susan Lawrence | England | 63 years | Dec 2009 | - | Director |
Mr Sean Martin | United Kingdom | 59 years | Jul 2015 | - | Director |
P&L
May 2021turnover
4.3m
-10%
operating profit
3.9m
0%
gross margin
2.6%
+168.2%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
May 2021net assets
180k
+0.01%
total assets
81.8m
-0.08%
cash
18.5m
+0.01%
net assets
Total assets minus all liabilities
h.a. funding limited company details
company number
03230346
Type
Private limited with Share Capital
industry
82990 - Other business support service activities n.e.c.
incorporation date
July 1996
age
28
incorporated
UK
ultimate parent company
accounts
Group
last accounts submitted
May 2021
previous names
duskfield limited (December 1996)
accountant
-
auditor
MAZARS LLP
address
7th floor 21 lombard street, london, EC3V 9AH
Bank
-
Legal Advisor
-
h.a. funding 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 did not find charges/mortgages relating to h.a. funding limited.
h.a. funding 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.
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h.a. funding limited Companies House Filings - See Documents
date | description | view/download |
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