haven first
haven first Company Information
Group Structure
View All
Industry
Other accommodation
+1Registered Address
6 ditchmore lane, stevenage, SG1 3LJ
Website
http://stevenagehaven.org.ukhaven first Estimated Valuation
Pomanda estimates the enterprise value of HAVEN FIRST at £2.5m based on a Turnover of £2.4m and 1.03x industry multiple (adjusted for size and gross margin).
haven first Estimated Valuation
Pomanda estimates the enterprise value of HAVEN FIRST at £480.1k based on an EBITDA of £89.8k and a 5.34x industry multiple (adjusted for size and gross margin).
haven first Estimated Valuation
Pomanda estimates the enterprise value of HAVEN FIRST at £0 based on Net Assets of £0 and 1.94x industry multiple (adjusted for liquidity).
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Haven First Overview
Haven First is a live company located in stevenage, SG1 3LJ with a Companies House number of 03366848. It operates in the other accommodation sector, SIC Code 55900. Founded in May 1997, it's largest shareholder is unknown. Haven First is a mature, small sized company, Pomanda has estimated its turnover at £2.4m with low growth in recent years.
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Haven First Health Check
Pomanda's financial health check has awarded Haven First a 2 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 4 areas for improvement. Company Health Check FAQs
2 Strong
3 Regular
4 Weak
Size
annual sales of £2.4m, make it larger than the average company (£911k)
£2.4m - Haven First
£911k - Industry AVG
Growth
3 year (CAGR) sales growth of 4%, show it is growing at a slower rate (5.9%)
4% - Haven First
5.9% - Industry AVG
Production
with a gross margin of 49.2%, this company has a comparable cost of product (49.2%)
49.2% - Haven First
49.2% - Industry AVG
Profitability
an operating margin of 2.7% make it less profitable than the average company (6.1%)
2.7% - Haven First
6.1% - Industry AVG
Employees
with 45 employees, this is above the industry average (16)
45 - Haven First
16 - Industry AVG
Pay Structure
on an average salary of £24.3k, the company has an equivalent pay structure (£27.6k)
£24.3k - Haven First
£27.6k - Industry AVG
Efficiency
resulting in sales per employee of £53.9k, this is less efficient (£72.7k)
£53.9k - Haven First
£72.7k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- - Haven First
- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- - Haven First
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Haven First
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 52 weeks, this is average cash available to meet short term requirements (64 weeks)
52 weeks - Haven First
64 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 100%, this is a higher level of debt than the average (38.5%)
100% - Haven First
38.5% - Industry AVG
HAVEN FIRST financials
Haven First's latest turnover from September 2023 is £2.4 million and the company has net assets of 0. According to their latest financial statements, Haven First has 45 employees and maintains cash reserves of £456.2 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Sep 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 2,425,566 | 2,178,632 | 2,088,975 | 2,172,376 | 1,658,344 | 1,496,808 | 1,628,765 | 1,438,652 | 934,731 | 674,764 | 580,611 | 546,214 | 574,386 | 581,501 |
| Other Income Or Grants | ||||||||||||||
| Cost Of Sales | ||||||||||||||
| Gross Profit | ||||||||||||||
| Admin Expenses | ||||||||||||||
| Operating Profit | ||||||||||||||
| Interest Payable | ||||||||||||||
| Interest Receivable | ||||||||||||||
| Pre-Tax Profit | 77,831 | 170,774 | 109,491 | 693,970 | 260,282 | 196,828 | 357,448 | 138,959 | 12,316 | 7,148 | 34,759 | 1,567 | 25,121 | 16,864 |
| Tax | ||||||||||||||
| Profit After Tax | 77,831 | 170,774 | 109,491 | 693,970 | 260,282 | 196,828 | 357,448 | 138,959 | 12,316 | 7,148 | 34,759 | 1,567 | 25,121 | 16,864 |
| Dividends Paid | ||||||||||||||
| Retained Profit | 77,831 | 170,774 | 109,491 | 693,970 | 260,282 | 196,828 | 357,448 | 138,959 | 12,316 | 7,148 | 34,759 | 1,567 | 25,121 | 16,864 |
| Employee Costs | 1,092,013 | 1,005,460 | 949,581 | 861,999 | 842,069 | 774,125 | 772,577 | 815,735 | 612,935 | 439,831 | 421,158 | 428,192 | 439,600 | 444,920 |
| Number Of Employees | 45 | 44 | 42 | 39 | 41 | 42 | 42 | 45 | 37 | 20 | 20 | 19 | 19 | 19 |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Sep 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 901,512 | 780,879 | 163,016 | 166,639 | 170,262 | 173,885 | 177,508 | 165,452 | 906 | |||||
| Intangible Assets | ||||||||||||||
| Investments & Other | 8,694 | 6,890 | 4,765 | 5,548 | 5,003 | 2,600 | 8,837 | 5,626 | 5,204 | 2,235 | 799 | 834 | ||
| Debtors (Due After 1 year) | ||||||||||||||
| Total Fixed Assets | 910,206 | 787,769 | 167,781 | 172,187 | 175,265 | 176,485 | 186,345 | 171,078 | 5,204 | 2,235 | 799 | 1,740 | ||
| Stock & work in progress | ||||||||||||||
| Trade Debtors | 275,007 | 97,428 | 86,761 | 83,136 | 79,191 | 50,517 | 27,852 | 42,979 | 7,920 | 10,478 | 12,239 | 41,539 | 3,126 | |
| Group Debtors | ||||||||||||||
| Misc Debtors | 1,257,052 | 17,852 | 16,754 | 14,387 | 25,407 | 27,920 | 28,557 | 15,036 | 26,356 | 152,111 | 9,801 | 2,288 | 2,707 | |
| Cash | 456,239 | 992,475 | 1,292,799 | 1,241,267 | 1,134,497 | 846,099 | 665,832 | 341,032 | 184,575 | 196,221 | 212,767 | 333,806 | 290,944 | 307,528 |
| misc current assets | ||||||||||||||
| total current assets | 456,239 | 2,524,534 | 1,408,079 | 1,344,782 | 1,232,020 | 950,697 | 744,269 | 397,441 | 242,590 | 230,497 | 375,356 | 355,846 | 334,771 | 313,361 |
| total assets | 456,239 | 2,524,534 | 2,318,285 | 2,132,551 | 1,399,801 | 1,122,884 | 919,534 | 573,926 | 428,935 | 401,575 | 380,560 | 358,081 | 335,570 | 315,101 |
| Bank overdraft | ||||||||||||||
| Bank loan | ||||||||||||||
| Trade Creditors | 68,588 | 99,832 | 55,700 | 38,663 | 42,353 | 39,064 | 36,739 | 13,398 | 9,579 | 11,065 | 7,756 | 9,306 | 11,827 | |
| Group/Directors Accounts | ||||||||||||||
| other short term finances | ||||||||||||||
| hp & lease commitments | ||||||||||||||
| other current liabilities | 456,239 | 194,084 | 88,565 | 95,254 | 73,511 | 53,186 | 49,953 | 64,118 | 81,427 | 70,201 | 54,848 | 70,437 | 47,942 | 50,073 |
| total current liabilities | 456,239 | 262,672 | 188,397 | 150,954 | 112,174 | 95,539 | 89,017 | 100,857 | 94,825 | 79,780 | 65,913 | 78,193 | 57,248 | 61,900 |
| loans | ||||||||||||||
| hp & lease commitments | ||||||||||||||
| Accruals and Deferred Income | 38,800 | |||||||||||||
| other liabilities | ||||||||||||||
| provisions | ||||||||||||||
| total long term liabilities | 38,800 | |||||||||||||
| total liabilities | 456,239 | 262,672 | 227,197 | 150,954 | 112,174 | 95,539 | 89,017 | 100,857 | 94,825 | 79,780 | 65,913 | 78,193 | 57,248 | 61,900 |
| net assets | 2,261,862 | 2,091,088 | 1,981,597 | 1,287,627 | 1,027,345 | 830,517 | 473,069 | 334,110 | 321,795 | 314,647 | 279,888 | 278,322 | 253,201 | |
| total shareholders funds | 2,261,862 | 2,091,088 | 1,981,597 | 1,287,627 | 1,027,345 | 830,517 | 473,069 | 334,110 | 321,795 | 314,647 | 279,888 | 278,322 | 253,201 |
| Sep 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||||
| Operating Profit | ||||||||||||||
| Depreciation | 24,098 | 19,835 | 18,051 | 13,395 | 3,623 | 3,623 | 3,623 | 3,623 | 3,623 | 906 | 968 | |||
| Amortisation | ||||||||||||||
| Tax | ||||||||||||||
| Stock | ||||||||||||||
| Debtors | -1,532,059 | 1,416,779 | 11,765 | 5,992 | -7,075 | 26,161 | 22,028 | -1,606 | 23,739 | -128,313 | 140,549 | -21,787 | 37,994 | 5,833 |
| Creditors | -68,588 | -31,244 | 44,132 | 17,037 | -3,690 | 3,289 | 2,325 | 23,341 | 3,819 | -1,486 | 3,309 | -1,550 | -2,521 | 11,827 |
| Accruals and Deferred Income | 262,155 | 66,719 | 32,111 | 21,743 | 20,325 | 3,233 | -14,165 | -17,309 | 11,226 | 15,353 | -15,589 | 22,495 | -2,131 | 50,073 |
| Deferred Taxes & Provisions | ||||||||||||||
| Cash flow from operations | ||||||||||||||
| Investing Activities | ||||||||||||||
| capital expenditure | ||||||||||||||
| Change in Investments | -8,694 | 1,804 | 2,125 | -783 | 545 | 2,403 | -6,237 | 3,211 | 422 | 2,969 | 1,436 | -35 | 834 | |
| cash flow from investments | 8,694 | -1,804 | -2,125 | 783 | -545 | -2,403 | 6,237 | |||||||
| Financing Activities | ||||||||||||||
| Bank loans | ||||||||||||||
| Group/Directors Accounts | ||||||||||||||
| Other Short Term Loans | ||||||||||||||
| Long term loans | ||||||||||||||
| Hire Purchase and Lease Commitments | ||||||||||||||
| other long term liabilities | ||||||||||||||
| share issue | ||||||||||||||
| interest | ||||||||||||||
| cash flow from financing | -2,339,693 | -1 | -1 | 236,337 | ||||||||||
| cash and cash equivalents | ||||||||||||||
| cash | -536,236 | -300,324 | 51,532 | 106,770 | 288,398 | 180,267 | 324,800 | 156,457 | -11,646 | -16,546 | -121,039 | 42,862 | -16,584 | 307,528 |
| overdraft | ||||||||||||||
| change in cash | -536,236 | -300,324 | 51,532 | 106,770 | 288,398 | 180,267 | 324,800 | 156,457 | -11,646 | -16,546 | -121,039 | 42,862 | -16,584 | 307,528 |
haven first Credit Report and Business Information
Haven First Competitor Analysis
Perform a competitor analysis for haven first by selecting its closest rivals, whether from the ACCOMMODATION AND FOOD SERVICE ACTIVITIES sector, other small companies, companies in SG1 area or any other competitors across 12 key performance metrics.
haven first Ownership
HAVEN FIRST group structure
Haven First has no subsidiary companies.
Ultimate parent company
HAVEN FIRST
03366848
haven first directors
Haven First currently has 3 directors. The longest serving directors include Mr Alan Curtis (Feb 2000) and Miss Rosa Manning (Nov 2017).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Alan Curtis | 68 years | Feb 2000 | - | Director | |
| Miss Rosa Manning | England | 33 years | Nov 2017 | - | Director |
| Mr John Robinson | England | 70 years | Aug 2022 | - | Director |
P&L
September 2023turnover
2.4m
+11%
operating profit
65.7k
0%
gross margin
49.3%
+12.46%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
September 2023net assets
0
-1%
total assets
456.2k
-0.82%
cash
456.2k
-0.54%
net assets
Total assets minus all liabilities
haven first company details
company number
03366848
Type
Private Limited by guarantee without Share Capital Exempt from using Limited
industry
55900 - Other accommodation
96090 - Other personal service activities n.e.c.
incorporation date
May 1997
age
28
incorporated
UK
ultimate parent company
accounts
Small Company
last accounts submitted
September 2023
previous names
stevenage haven (June 2020)
accountant
-
auditor
HAYSMAC LLP
address
6 ditchmore lane, stevenage, SG1 3LJ
Bank
NATIONAL WESTMINSTER BANK PLC
Legal Advisor
-
haven first 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 haven first.
haven first 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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haven first Companies House Filings - See Documents
| date | description | view/download |
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