handball limited

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handball limited Company Information

Share HANDBALL LIMITED

Company Number

03650334

Shareholders

ian williamson & son (kings lynn) limited

mark william richard wilson

Group Structure

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Industry

Take away food shops and mobile food stands

 +1

Registered Address

22-26 king street, king's lynn, norfolk, PE30 1HJ

handball limited Estimated Valuation

£607.8k

Pomanda estimates the enterprise value of HANDBALL LIMITED at £607.8k based on a Turnover of £872.6k and 0.7x industry multiple (adjusted for size and gross margin).

handball limited Estimated Valuation

£0

Pomanda estimates the enterprise value of HANDBALL LIMITED at £0 based on an EBITDA of £-14.6k and a 4.44x industry multiple (adjusted for size and gross margin).

handball limited Estimated Valuation

£860.4k

Pomanda estimates the enterprise value of HANDBALL LIMITED at £860.4k based on Net Assets of £344.5k and 2.5x industry multiple (adjusted for liquidity).

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Handball Limited Overview

Handball Limited is a live company located in norfolk, PE30 1HJ with a Companies House number of 03650334. It operates in the licenced restaurants sector, SIC Code 56101. Founded in October 1998, it's largest shareholder is ian williamson & son (kings lynn) limited with a 55% stake. Handball Limited is a mature, small sized company, Pomanda has estimated its turnover at £872.6k with healthy growth in recent years.

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Handball Limited Health Check

Pomanda's financial health check has awarded Handball Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 6 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating3out of 5
positive_score

2 Strong

positive_score

3 Regular

positive_score

6 Weak

size

Size

annual sales of £872.6k, make it smaller than the average company (£1.8m)

£872.6k - Handball Limited

£1.8m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 6%, show it is growing at a slower rate (9.7%)

6% - Handball Limited

9.7% - Industry AVG

production

Production

with a gross margin of 52.9%, this company has a comparable cost of product (52.9%)

52.9% - Handball Limited

52.9% - Industry AVG

profitability

Profitability

an operating margin of -4.2% make it less profitable than the average company (2.8%)

-4.2% - Handball Limited

2.8% - Industry AVG

employees

Employees

with 21 employees, this is below the industry average (32)

21 - Handball Limited

32 - Industry AVG

paystructure

Pay Structure

on an average salary of £16k, the company has an equivalent pay structure (£16k)

£16k - Handball Limited

£16k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £41.6k, this is equally as efficient (£48.6k)

£41.6k - Handball Limited

£48.6k - Industry AVG

debtordays

Debtor Days

There is insufficient data available for this Key Performance Indicator!

- - Handball Limited

- - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 92 days, this is slower than average (33 days)

92 days - Handball Limited

33 days - Industry AVG

stockdays

Stock Days

it holds stock equivalent to 20 days, this is more than average (7 days)

20 days - Handball Limited

7 days - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 11 weeks, this is less cash available to meet short term requirements (16 weeks)

11 weeks - Handball Limited

16 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 49.4%, this is a lower level of debt than the average (80.4%)

49.4% - Handball Limited

80.4% - Industry AVG

HANDBALL LIMITED financials

EXPORTms excel logo

Handball Limited's latest turnover from December 2023 is estimated at £872.6 thousand and the company has net assets of £344.5 thousand. According to their latest financial statements, Handball Limited has 21 employees and maintains cash reserves of £68.7 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 2010Dec 2009
Turnover872,574721,219677,772725,485810,714612,546502,986557,943542,1128,940,0037,499,8886,970,7205,566,5647,107,589
Other Income Or Grants
Cost Of Sales411,131354,226334,070323,868332,934245,642208,084233,665236,1523,811,0403,183,8152,895,5812,321,4882,896,257
Gross Profit461,443366,992343,702401,616477,780366,904294,902324,278305,9605,128,9634,316,0734,075,1383,245,0764,211,332
Admin Expenses498,173369,878219,315325,018504,463333,698167,870313,719314,9305,120,1404,273,3484,081,8303,195,7314,263,608-220,669
Operating Profit-36,730-2,886124,38776,598-26,68333,206127,03210,559-8,9708,82342,725-6,69249,345-52,276220,669
Interest Payable2,1124,1033,3803,9375,0395,6966,9597,9356,4614,8615,5026,1306,7468,7555,230
Interest Receivable5,5836,48136569681702229369266193236128118
Pre-Tax Profit-33,259-508121,37272,731-31,04128,212120,3022,660-15,3394,02837,243-12,79042,635-60,902215,557
Tax-23,061-13,819-5,360-22,857-532-846-8,566-11,085-60,356
Profit After Tax-33,259-50898,31158,912-31,04122,85297,4452,128-15,3393,18228,677-12,79031,550-60,902155,201
Dividends Paid
Retained Profit-33,259-50898,31158,912-31,04122,85297,4452,128-15,3393,18228,677-12,79031,550-60,902155,201
Employee Costs336,407299,698337,914328,828336,717253,681211,805228,716218,8122,956,4132,520,9922,335,8781,896,9652,249,128
Number Of Employees211923232317151717236203195164193
EBITDA*-14,55718,227146,778100,6191,77263,125150,12227,3167,24825,44061,17410,61867,072-34,984234,631

* Earnings Before Interest, Tax, Depreciation and Amortisation

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Tangible Assets269,413243,078239,234247,707271,058282,397260,451226,354226,344220,418232,528231,796246,806244,524212,370
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets269,413243,078239,234247,707271,058282,397260,451226,354226,344220,418232,528231,796246,806244,524212,370
Stock & work in progress22,5628,8008,00010,19110,21819,08310,7459,9998,7266,7506,2548,24110,05514,00013,355
Trade Debtors140,540141,007141,435136,056142,064132,631
Group Debtors
Misc Debtors320,562326,199265,542265,098211,897191,141163,004167,032144,545
Cash68,700143,983226,33365,91072,811108,82778,31713,08715,71221,1455,0582,60710,2274,20747,132
misc current assets
total current assets411,824478,982499,875341,199294,926319,051252,066190,118168,983168,435152,319152,283156,338160,271193,118
total assets681,237722,060739,109588,906565,984601,448512,517416,472395,327388,853384,847384,079403,144404,795405,488
Bank overdraft10,77210,55910,35010,1469,9459,74837,59030,0138,304
Bank loan
Trade Creditors 103,970105,04369,60780,18689,65771,32350,77760,11246,752120,641108,519134,548126,610149,29378,574
Group/Directors Accounts
other short term finances
hp & lease commitments8,4679,7334,440
other current liabilities201,561182,392212,197133,676145,839153,521120,61984,24474,537
total current liabilities313,998298,207302,096228,652245,642234,789181,144181,946151,302120,641108,519134,548126,610149,29386,878
loans26,77238,27248,99159,59369,62679,44887,32298,98769,79679,75889,52699,103108,464152,609
hp & lease commitments1,888
Accruals and Deferred Income
other liabilities9,73314,21517,83538,58537,83437,09636,37235,639
provisions20,83219,30320,45521,55525,47127,09422,67315,39715,35914,81316,9009,75015,11017,00010,700
total long term liabilities22,72046,07558,72780,27999,279114,555102,121102,719114,346123,194134,492136,372150,585161,103163,309
total liabilities336,718344,282360,823308,931344,921349,344283,265284,665265,648243,835243,011270,920277,195310,396250,187
net assets344,519377,778378,286279,975221,063252,104229,252131,807129,679145,018141,836113,159125,94994,399155,301
total shareholders funds344,519377,778378,286279,975221,063252,104229,252131,807129,679145,018141,836113,159125,94994,399155,301
Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Operating Activities
Operating Profit-36,730-2,886124,38776,598-26,68333,206127,03210,559-8,9708,82342,725-6,69249,345-52,276220,669
Depreciation22,17321,11322,39124,02128,45529,91923,09016,75716,21816,61718,44917,31017,72717,29213,962
Amortisation
Tax-23,061-13,819-5,360-22,857-532-846-8,566-11,085-60,356
Stock13,762800-2,191-27-8,8658,3387461,2731,976496-1,987-1,814-3,94564513,355
Debtors-5,63760,65744453,20120,75628,137-4,02822,4874,005-467-4285,379-6,0089,433132,631
Creditors-1,07335,436-10,579-9,47118,33420,546-9,33513,360-73,88912,122-26,0297,938-22,68370,71978,574
Accruals and Deferred Income19,169-29,80578,521-12,163-7,68232,90236,3759,70774,537
Deferred Taxes & Provisions1,529-1,152-1,100-3,916-1,6234,4217,27638546-2,0877,150-5,360-1,8906,30010,700
Cash flow from operations-3,057-38,751192,3068,076-1,09079,159164,86326,1292,46134,60036,1449,63141,36731,957117,563
Investing Activities
capital expenditure-48,508-24,957-13,918-670-17,116-51,865-57,187-16,767-22,144-4,507-19,181-2,300-20,009-49,446-226,332
Change in Investments
cash flow from investments-48,508-24,957-13,918-670-17,116-51,865-57,187-16,767-22,144-4,507-19,181-2,300-20,009-49,446-226,332
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans-26,772-11,500-10,719-10,602-10,033-9,822-7,874-11,66529,191-9,962-9,768-9,577-9,361-44,145152,609
Hire Purchase and Lease Commitments10,355-9,7335,2934,440
other long term liabilities-9,733-4,482-3,62017,835-38,58575173872473335,639
share issue100
interest3,4712,378-3,015-3,868-4,358-4,994-6,730-7,899-6,369-4,795-5,483-6,098-6,710-8,627-5,112
cash flow from financing-12,946-18,855-18,174-14,512-18,0113,019-14,604-19,564-15,763-14,006-14,513-14,951-15,338-17,133147,597
cash and cash equivalents
cash-75,283-82,350160,423-6,901-36,01630,51065,230-2,625-5,43316,0872,451-7,6206,020-42,92547,132
overdraft-10,772213209204201197-27,8427,57730,013-8,3048,304
change in cash-64,511-82,563160,214-7,105-36,21730,31393,072-10,202-35,44616,0872,451-7,6206,020-34,62138,828

handball 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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Handball Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for handball limited by selecting its closest rivals, whether from the ACCOMMODATION AND FOOD SERVICE ACTIVITIES sector, other small companies, companies in PE30 area or any other competitors across 12 key performance metrics.

handball limited Ownership

HANDBALL LIMITED group structure

Handball Limited has no subsidiary companies.

Ultimate parent company

1 parent

HANDBALL LIMITED

03650334

HANDBALL LIMITED Shareholders

ian williamson & son (kings lynn) limited 55%
mark william richard wilson 45%

handball limited directors

Handball Limited currently has 2 directors. The longest serving directors include Mr Mark Wilson (Oct 1998) and Mr Neil Williamson (Oct 1998).

officercountryagestartendrole
Mr Mark WilsonUnited Kingdom62 years Oct 1998- Director
Mr Neil WilliamsonEngland58 years Oct 1998- Director

P&L

December 2023

turnover

872.6k

+21%

operating profit

-36.7k

0%

gross margin

52.9%

+3.93%

turnover

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

Balance Sheet

December 2023

net assets

344.5k

-0.09%

total assets

681.2k

-0.06%

cash

68.7k

-0.52%

net assets

Total assets minus all liabilities

handball limited company details

company number

03650334

Type

Private limited with Share Capital

industry

56103 - Take away food shops and mobile food stands

56101 - Licensed restaurants

incorporation date

October 1998

age

27

incorporated

UK

accounts

Total Exemption Full

last accounts submitted

December 2023

previous names

N/A

accountant

-

auditor

-

address

22-26 king street, king's lynn, norfolk, PE30 1HJ

Bank

-

Legal Advisor

-

handball 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 1 charges/mortgages relating to handball limited. Currently there are 1 open charges and 0 have been satisfied in the past.

handball 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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handball limited Companies House Filings - See Documents

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