hastings international uk limited

hastings international uk limited Company Information

Share HASTINGS INTERNATIONAL UK LIMITED
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MatureSmallDeclining

Company Number

03613742

Industry

Management of real estate on a fee or contract basis

 

Shareholders

miryam caroline nourani

morris nourani

Group Structure

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Contact

Registered Address

18-20 shad thames, london, SE1 2YQ

hastings international uk limited Estimated Valuation

£2.9m

Pomanda estimates the enterprise value of HASTINGS INTERNATIONAL UK LIMITED at £2.9m based on a Turnover of £1.1m and 2.73x industry multiple (adjusted for size and gross margin).

hastings international uk limited Estimated Valuation

£0

Pomanda estimates the enterprise value of HASTINGS INTERNATIONAL UK LIMITED at £0 based on an EBITDA of £-135.8k and a 8.26x industry multiple (adjusted for size and gross margin).

hastings international uk limited Estimated Valuation

£0

Pomanda estimates the enterprise value of HASTINGS INTERNATIONAL UK LIMITED at £0 based on Net Assets of £-261.6k and 1.79x industry multiple (adjusted for liquidity).

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Hastings International Uk Limited Overview

Hastings International Uk Limited is a live company located in london, SE1 2YQ with a Companies House number of 03613742. It operates in the management of real estate on a fee or contract basis sector, SIC Code 68320. Founded in August 1998, it's largest shareholder is miryam caroline nourani with a 50% stake. Hastings International Uk Limited is a mature, small sized company, Pomanda has estimated its turnover at £1.1m with declining growth in recent years.

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Hastings International Uk Limited Health Check

Pomanda's financial health check has awarded Hastings International Uk Limited a 2 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

Health Check Image
Health Rating2out of 5
positive_score

3 Strong

positive_score

2 Regular

positive_score

6 Weak

size

Size

annual sales of £1.1m, make it larger than the average company (£343.8k)

£1.1m - Hastings International Uk Limited

£343.8k - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -29%, show it is growing at a slower rate (4.4%)

-29% - Hastings International Uk Limited

4.4% - Industry AVG

production

Production

with a gross margin of 70%, this company has a comparable cost of product (70%)

70% - Hastings International Uk Limited

70% - Industry AVG

profitability

Profitability

an operating margin of -16.6% make it less profitable than the average company (6.7%)

-16.6% - Hastings International Uk Limited

6.7% - Industry AVG

employees

Employees

with 26 employees, this is above the industry average (7)

26 - Hastings International Uk Limited

7 - Industry AVG

paystructure

Pay Structure

on an average salary of £42.6k, the company has an equivalent pay structure (£42.6k)

£42.6k - Hastings International Uk Limited

£42.6k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £41.4k, this is less efficient (£105.2k)

£41.4k - Hastings International Uk Limited

£105.2k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 35 days, this is earlier than average (49 days)

35 days - Hastings International Uk Limited

49 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 24 days, this is quicker than average (30 days)

24 days - Hastings International Uk Limited

30 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Hastings International Uk Limited

- - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 21 weeks, this is less cash available to meet short term requirements (48 weeks)

21 weeks - Hastings International Uk Limited

48 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 143.4%, this is a higher level of debt than the average (54.7%)

143.4% - Hastings International Uk Limited

54.7% - Industry AVG

HASTINGS INTERNATIONAL UK LIMITED financials

EXPORTms excel logo

Hastings International Uk Limited's latest turnover from December 2023 is estimated at £1.1 million and the company has net assets of -£261.6 thousand. According to their latest financial statements, Hastings International Uk Limited has 26 employees and maintains cash reserves of £315.2 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Jul 2009
Turnover1,075,6431,106,793749,7072,998,9931,434,722827,100727,965910,0971,701,2761,452,0693,841,4624,452,6075,482,6625,786,2980
Other Income Or Grants000000000000000
Cost Of Sales323,264293,878204,456754,152279,188172,551147,129255,88124,36375,4732,488,4852,911,8983,564,0613,723,7370
Gross Profit752,379812,915545,2512,244,8411,155,534654,550580,836654,2161,676,9131,376,5961,352,9771,540,7091,918,6012,062,5610
Admin Expenses931,264935,380718,7232,107,9361,126,919647,458503,021715,0501,749,5791,371,9701,360,1361,651,2961,977,1321,721,107-210,891
Operating Profit-178,885-122,465-173,472136,90528,6157,09277,815-60,834-72,6664,626-7,159-110,587-58,531341,454210,891
Interest Payable25,31328,50022,26611,43800000000000
Interest Receivable16,26816,0361,4483326525759081,25509203,4153,6863,9013,9021,895
Pre-Tax Profit-187,930-134,929-194,290125,79929,2677,66778,722-59,579-72,6665,546-3,744-106,901-54,630345,356212,786
Tax000-23,902-5,561-1,457-14,957000000-96,700-59,580
Profit After Tax-187,930-134,929-194,290101,89723,7066,21063,765-59,579-72,6665,546-3,744-106,901-54,630248,656153,206
Dividends Paid0000000060,000000000
Retained Profit-187,930-134,929-194,290101,89723,7066,21063,765-59,579-132,6665,546-3,744-106,901-54,630248,656153,206
Employee Costs1,108,812920,699807,916695,913769,133842,717847,444850,460512,853412,4011,019,8861,289,5781,587,7801,815,8970
Number Of Employees26222119212426261412303745520
EBITDA*-135,784-78,331-115,205218,061119,72363,316126,573161-20,59558,99347,240-47,706-8,874341,454249,028

* Earnings Before Interest, Tax, Depreciation and Amortisation

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Jul 2009
Tangible Assets86,455102,69836,19164,778104,195110,321119,312113,37080,30787,57092,288110,30776,49242,93639,183
Intangible Assets06,75033,75060,75087,750114,750141,750168,750195,750222,750249,750276,750303,750330,750369,000
Investments & Other000000000000000
Debtors (Due After 1 year)000000000000000
Total Fixed Assets86,455109,44869,941125,528191,945225,071261,062282,120276,057310,320342,038387,057380,242373,686408,183
Stock & work in progress000000000000000
Trade Debtors104,209177,30277,489816,439283,63243,7608,17728,81175,55767,077225,362212,118321,380420,467224,258
Group Debtors000000004,967000000
Misc Debtors96,526129,004168,25327,48097,522316,272364,941212,24150,410169,73900000
Cash315,248304,476611,855546,580116,90356,97196,329266,753737,028816,128649,165716,992757,568802,763757,854
misc current assets0000000007,32700000
total current assets515,983610,782857,5971,390,499498,057417,003469,447507,805867,9621,060,271874,527929,1101,078,9481,223,230982,112
total assets602,438720,230927,5381,516,027690,002642,074730,509789,9251,144,0191,370,5911,216,5651,316,1671,459,1901,596,9161,390,295
Bank overdraft75,00075,00075,00037,50000000000000
Bank loan000000000000000
Trade Creditors 21,37742,14148,05995,46777,297140,764128,763152,83097,40789,622876,258953,092970,1901,012,579891,276
Group/Directors Accounts00036,175000178,31230,64975,63300000
other short term finances000000000000000
hp & lease commitments000000000000000
other current liabilities655,146489,244480,705753,821459,038371,349477,995398,797896,398878,50700000
total current liabilities751,523606,385603,764922,963536,335512,113606,758729,9391,024,4541,043,762876,258953,092970,1901,012,579891,276
loans112,500187,500262,500337,50000000000000
hp & lease commitments000000000000000
Accruals and Deferred Income000000000000000
other liabilities000000000000000
provisions00000000074,59893,622112,646131,670172,377335,715
total long term liabilities112,500187,500262,500337,5000000074,59893,622112,646131,670172,377335,715
total liabilities864,023793,885866,2641,260,463536,335512,113606,758729,9391,024,4541,118,360969,8801,065,7381,101,8601,184,9561,226,991
net assets-261,585-73,65561,274255,564153,667129,961123,75159,986119,565252,231246,685250,429357,330411,960163,304
total shareholders funds-261,585-73,65561,274255,564153,667129,961123,75159,986119,565252,231246,685250,429357,330411,960163,304
Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Jul 2009
Operating Activities
Operating Profit-178,885-122,465-173,472136,90528,6157,09277,815-60,834-72,6664,626-7,159-110,587-58,531341,454210,891
Depreciation36,35144,13431,26754,15664,10829,22421,75833,99525,07127,36727,39935,88122,657011,137
Amortisation6,750027,00027,00027,00027,00027,00027,00027,00027,00027,00027,00027,000027,000
Tax000-23,902-5,561-1,457-14,957000000-96,700-59,580
Stock000000000000000
Debtors-105,57160,564-598,177462,76521,122-13,086132,066110,118-105,88211,45413,244-109,262-99,087196,209224,258
Creditors-20,764-5,918-47,40818,170-63,46712,001-24,06755,4237,785-786,636-76,834-17,098-42,389121,303891,276
Accruals and Deferred Income165,9028,539-273,116294,78387,689-106,64679,198-497,60117,891878,50700000
Deferred Taxes & Provisions00000000-74,598-19,024-19,024-19,024-40,707-163,338335,715
Cash flow from operations114,925-136,274162,44844,347117,262-19,70034,681-552,13536,365120,386-61,86225,4347,1176,5101,192,181
Investing Activities
capital expenditure-20,108-83,641-2,680-14,739-57,982-20,233-27,700-67,058-17,808-22,649-9,380-69,696-56,21334,497-446,320
Change in Investments000000000000000
cash flow from investments-20,108-83,641-2,680-14,739-57,982-20,233-27,700-67,058-17,808-22,649-9,380-69,696-56,21334,497-446,320
Financing Activities
Bank loans000000000000000
Group/Directors Accounts00-36,17536,17500-178,312147,663-44,98475,63300000
Other Short Term Loans 000000000000000
Long term loans-75,000-75,000-75,000337,50000000000000
Hire Purchase and Lease Commitments000000000000000
other long term liabilities000000000000000
share issue0000000000000010,098
interest-9,045-12,464-20,818-11,1066525759081,25509203,4153,6863,9013,9021,895
cash flow from financing-84,045-87,464-131,993362,569652575-177,404148,918-44,98476,5533,4153,6863,9013,90211,993
cash and cash equivalents
cash10,772-307,37965,275429,67759,932-39,358-170,424-470,275-79,100166,963-67,827-40,576-45,19544,909757,854
overdraft0037,50037,50000000000000
change in cash10,772-307,37927,775392,17759,932-39,358-170,424-470,275-79,100166,963-67,827-40,576-45,19544,909757,854

hastings international uk limited Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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Hastings International Uk Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for hastings international uk limited by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other small companies, companies in SE1 area or any other competitors across 12 key performance metrics.

hastings international uk limited Ownership

HASTINGS INTERNATIONAL UK LIMITED group structure

Hastings International Uk Limited has 1 subsidiary company.

Ultimate parent company

HASTINGS INTERNATIONAL UK LIMITED

03613742

1 subsidiary

HASTINGS INTERNATIONAL UK LIMITED Shareholders

miryam caroline nourani 50%
morris nourani 50%

hastings international uk limited directors

Hastings International Uk Limited currently has 2 directors. The longest serving directors include Mr Morris Nourani (Aug 2010) and Miryam Nourani (Apr 2020).

officercountryagestartendrole
Mr Morris NouraniEngland56 years Aug 2010- Director
Miryam NouraniEngland53 years Apr 2020- Director

P&L

December 2023

turnover

1.1m

-3%

operating profit

-178.9k

0%

gross margin

70%

-4.77%

turnover

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

Balance Sheet

December 2023

net assets

-261.6k

+2.55%

total assets

602.4k

-0.16%

cash

315.2k

+0.04%

net assets

Total assets minus all liabilities

hastings international uk limited company details

company number

03613742

Type

Private limited with Share Capital

industry

68320 - Management of real estate on a fee or contract basis

incorporation date

August 1998

age

26

incorporated

UK

ultimate parent company

None

accounts

Total Exemption Full

last accounts submitted

December 2023

previous names

fenlock limited (September 1999)

accountant

MORTIMER BURNETT LTD

auditor

-

address

18-20 shad thames, london, SE1 2YQ

Bank

-

Legal Advisor

-

hastings international uk 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 3 charges/mortgages relating to hastings international uk limited. Currently there are 3 open charges and 0 have been satisfied in the past.

hastings international uk 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.

Click to start generating capital raising & share issue transactions for HASTINGS INTERNATIONAL UK LIMITED. This can take several minutes, an email will notify you when this has completed.

hastings international uk limited Companies House Filings - See Documents

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