the british hop association
the british hop association Company Information
Company Number
03234861
Website
http://britishhops.org.ukRegistered Address
victoria court, 17-21 ashford road, maidstone, kent, ME14 5DA
Industry
Non-trading company
Telephone
01622761817
Next Accounts Due
January 2025
Group Structure
View All
Shareholders
-0%
the british hop association Estimated Valuation
Pomanda estimates the enterprise value of THE BRITISH HOP ASSOCIATION at £246.9k based on a Turnover of £527.6k and 0.47x industry multiple (adjusted for size and gross margin).
the british hop association Estimated Valuation
Pomanda estimates the enterprise value of THE BRITISH HOP ASSOCIATION at £15k based on an EBITDA of £3.7k and a 4.09x industry multiple (adjusted for size and gross margin).
the british hop association Estimated Valuation
Pomanda estimates the enterprise value of THE BRITISH HOP ASSOCIATION at £445.2k based on Net Assets of £214.1k and 2.08x industry multiple (adjusted for liquidity).
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The British Hop Association Overview
The British Hop Association is a live company located in maidstone, ME14 5DA with a Companies House number of 03234861. It operates in the non-trading company sector, SIC Code 74990. Founded in August 1996, it's largest shareholder is unknown. The British Hop Association is a mature, small sized company, Pomanda has estimated its turnover at £527.6k with declining growth in recent years.
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The British Hop Association Health Check
Pomanda's financial health check has awarded The British Hop Association 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
3 Strong
2 Regular
6 Weak
Size
annual sales of £527.6k, make it smaller than the average company (£3.1m)
- The British Hop Association
£3.1m - Industry AVG
Growth
3 year (CAGR) sales growth of -12%, show it is growing at a slower rate (4.4%)
- The British Hop Association
4.4% - Industry AVG
Production
with a gross margin of 35.7%, this company has a comparable cost of product (35.7%)
- The British Hop Association
35.7% - Industry AVG
Profitability
an operating margin of 0.7% make it less profitable than the average company (5%)
- The British Hop Association
5% - Industry AVG
Employees
with 9 employees, this is below the industry average (38)
9 - The British Hop Association
38 - Industry AVG
Pay Structure
on an average salary of £39.8k, the company has an equivalent pay structure (£39.8k)
- The British Hop Association
£39.8k - Industry AVG
Efficiency
resulting in sales per employee of £58.6k, this is less efficient (£145.5k)
- The British Hop Association
£145.5k - Industry AVG
Debtor Days
it gets paid by customers after 7 days, this is earlier than average (43 days)
- The British Hop Association
43 days - Industry AVG
Creditor Days
its suppliers are paid after 2 days, this is quicker than average (42 days)
- The British Hop Association
42 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- The British Hop Association
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 2394 weeks, this is more cash available to meet short term requirements (37 weeks)
2394 weeks - The British Hop Association
37 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 2%, this is a lower level of debt than the average (47.1%)
2% - The British Hop Association
47.1% - Industry AVG
THE BRITISH HOP ASSOCIATION financials
The British Hop Association's latest turnover from April 2023 is estimated at £527.6 thousand and the company has net assets of £214.1 thousand. According to their latest financial statements, The British Hop Association has 9 employees and maintains cash reserves of £199.3 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 | 70,000 | 65,000 | ||||||||||||
| Other Income Or Grants | ||||||||||||||
| Cost Of Sales | ||||||||||||||
| Gross Profit | ||||||||||||||
| Admin Expenses | ||||||||||||||
| Operating Profit | 128,452 | -2,414 | ||||||||||||
| Interest Payable | 0 | 0 | ||||||||||||
| Interest Receivable | 30 | 10 | ||||||||||||
| Pre-Tax Profit | 128,482 | -2,404 | ||||||||||||
| Tax | 2 | -2 | ||||||||||||
| Profit After Tax | 128,484 | -2,406 | ||||||||||||
| Dividends Paid | 0 | 0 | ||||||||||||
| Retained Profit | 128,484 | -2,406 | ||||||||||||
| Employee Costs | ||||||||||||||
| Number Of Employees | 9 | 10 | 9 | 9 | 10 | |||||||||
| EBITDA* | 128,452 | -2,414 |
* 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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 10 | 10 | 10 | 10 | 10 | 10 | 10 | 10 | 10 | 10 | 10 | 10 | 10 | 10 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 10 | 10 | 10 | 10 | 10 | 10 | 10 | 10 | 10 | 10 | 10 | 10 | 10 | 10 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 10,582 | 60,000 | 0 | 0 | 3,401 | 1,200 | 0 | 0 | 40,419 | 41,850 | 42,018 | 41,736 | 40,000 | 1,709 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 8,559 | 7,272 | 7,073 | 5,016 | 7,575 | 5,755 | 5,098 | 45,506 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 199,326 | 200,021 | 227,970 | 231,402 | 252,181 | 184,784 | 184,268 | 151,646 | 137,806 | 131,463 | 145,015 | 134,193 | 117,089 | 73,817 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 218,467 | 267,293 | 235,043 | 236,418 | 263,157 | 191,739 | 189,366 | 197,152 | 178,225 | 173,313 | 187,033 | 175,929 | 157,089 | 75,526 |
| total assets | 218,477 | 267,303 | 235,053 | 236,428 | 263,167 | 191,749 | 189,376 | 197,162 | 178,235 | 173,323 | 187,043 | 175,939 | 157,099 | 75,536 |
| 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 | 2,255 | 60,399 | 14,562 | 16,487 | 29,063 | 0 | 15,433 | 24,833 | 1,512 | 8,702 | 11,503 | 9,859 | 0 | 11,064 |
| Group/Directors Accounts | 0 | 0 | 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 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 2,073 | 1,875 | 1,705 | 31,610 | 51,514 | 31,970 | 1,400 | 1,260 | 0 | 0 | 0 | 0 | 5,745 | 41,602 |
| total current liabilities | 4,328 | 62,274 | 16,267 | 48,097 | 80,577 | 31,970 | 16,833 | 26,093 | 1,512 | 8,702 | 11,503 | 9,859 | 5,745 | 52,666 |
| loans | 0 | 0 | 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 | 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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 4,328 | 62,274 | 16,267 | 48,097 | 80,577 | 31,970 | 16,833 | 26,093 | 1,512 | 8,702 | 11,503 | 9,859 | 5,745 | 52,666 |
| net assets | 214,149 | 205,029 | 218,786 | 188,331 | 182,590 | 159,779 | 172,543 | 171,069 | 176,723 | 164,621 | 175,540 | 166,080 | 151,354 | 22,870 |
| total shareholders funds | 214,149 | 205,029 | 218,786 | 188,331 | 182,590 | 159,779 | 172,543 | 171,069 | 176,723 | 164,621 | 175,540 | 166,080 | 151,354 | 22,870 |
| 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 | 128,452 | -2,414 | ||||||||||||
| Depreciation | 0 | 0 | 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 | 0 | 0 |
| Tax | 2 | -2 | ||||||||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | -48,131 | 60,199 | 2,057 | -5,960 | 4,021 | 1,857 | -40,408 | 5,087 | -1,431 | -168 | 282 | 1,736 | 38,291 | 1,709 |
| Creditors | -58,144 | 45,837 | -1,925 | -12,576 | 29,063 | -15,433 | -9,400 | 23,321 | -7,190 | -2,801 | 1,644 | 9,859 | -11,064 | 11,064 |
| Accruals and Deferred Income | 198 | 170 | -29,905 | -19,904 | 19,544 | 30,570 | 140 | 1,260 | 0 | 0 | 0 | -5,745 | -35,857 | 41,602 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | 43,242 | 48,541 | ||||||||||||
| Investing Activities | ||||||||||||||
| capital expenditure | ||||||||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 10 |
| 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 | 0 | 0 | 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 | 0 | 0 | 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 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||||||||||
| interest | 30 | 10 | ||||||||||||
| cash flow from financing | 30 | 25,286 | ||||||||||||
| cash and cash equivalents | ||||||||||||||
| cash | -695 | -27,949 | -3,432 | -20,779 | 67,397 | 516 | 32,622 | 13,840 | 6,343 | -13,552 | 10,822 | 17,104 | 43,272 | 73,817 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -695 | -27,949 | -3,432 | -20,779 | 67,397 | 516 | 32,622 | 13,840 | 6,343 | -13,552 | 10,822 | 17,104 | 43,272 | 73,817 |
the british hop association Credit Report and Business Information
The British Hop Association Competitor Analysis
Perform a competitor analysis for the british hop association by selecting its closest rivals and benchmarking them against 12 key performance metrics.
the british hop association Ownership
THE BRITISH HOP ASSOCIATION group structure
The British Hop Association has 1 subsidiary company.
the british hop association directors
The British Hop Association currently has 9 directors. The longest serving directors include Mr Richard Phillips (Apr 2014) and Mr Simon Parker (Apr 2014).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Richard Phillips | United Kingdom | 57 years | Apr 2014 | - | Director |
| Mr Simon Parker | United Kingdom | 51 years | Apr 2014 | - | Director |
| Mrs Alison Capper | England | 55 years | Nov 2015 | - | Director |
| Mr Ross Hukins | United Kingdom | 40 years | Oct 2018 | - | Director |
| Mr Mark Andrews | United Kingdom | 57 years | Oct 2018 | - | Director |
| Mr Christopher Daws | England | 73 years | Nov 2018 | - | Director |
| Mr Mark Batt | England | 41 years | Nov 2019 | - | Director |
| Mr Richard Edmed | United Kingdom | 48 years | Aug 2020 | - | Director |
| Mr Paul Corbett | United Kingdom | 60 years | Apr 2022 | - | Director |
P&L
April 2023turnover
527.6k
-33%
operating profit
3.7k
0%
gross margin
35.7%
+8.97%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
April 2023net assets
214.1k
+0.04%
total assets
218.5k
-0.18%
cash
199.3k
0%
net assets
Total assets minus all liabilities
Similar Companies
the british hop association company details
company number
03234861
Type
Private Limited by guarantee without Share Capital Exempt from using Limited
industry
74990 - Non-trading company
incorporation date
August 1996
age
28
accounts
Total Exemption Full
ultimate parent company
previous names
the national hop association of england (October 2012)
incorporated
UK
address
victoria court, 17-21 ashford road, maidstone, kent, ME14 5DA
last accounts submitted
April 2023
the british hop association 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 the british hop association.
the british hop association Companies House Filings - See Documents
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