Pomanda estimates the enterprise value of HAVERING MIND at £707.7k based on a Turnover of £1.5m and 0.48x industry multiple (adjusted for size and gross margin).
havering mindEstimated Valuation
£476.8k
Pomanda estimates the enterprise value of HAVERING MIND at £476.8k based on an EBITDA of £130.4k and a 3.66x industry multiple (adjusted for size and gross margin).
havering mindEstimated Valuation
£1.5m
Pomanda estimates the enterprise value of HAVERING MIND at £1.5m based on Net Assets of £686.7k and 2.23x industry multiple (adjusted for liquidity).
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Havering MindOverview
Havering Mind is a live company located in essex, RM14 2QP with a Companies House number of 04184862. It operates in the other human health activities sector, SIC Code 86900. Founded in March 2001, it's largest shareholder is
unknown.
Havering Mind is a mature,
small sized company, Pomanda has estimated its turnover at
£1.5m with
rapid
growth in recent years.
Pomanda's financial health check has awarded Havering Mind a 4 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 3 areas for improvement. Company Health Check FAQs
Health Rating4out of 5
4 Strong
4 Regular
3 Weak
Size
annual sales of £1.5m, make it larger than the average company (£731.1k)
£1.5m - Havering Mind
£731.1k - Industry AVG
Growth
3 year (CAGR) sales growth of 41%, show it is growing at a faster rate (7.2%)
41% - Havering Mind
7.2% - Industry AVG
Production
with a gross margin of 38.4%, this company has a comparable cost of product (38.4%)
38.4% - Havering Mind
38.4% - Industry AVG
Profitability
an operating margin of 8.8% make it more profitable than the average company (5.2%)
8.8% - Havering Mind
5.2% - Industry AVG
Employees
with 44 employees, this is above the industry average (18)
44 - Havering Mind
18 - Industry AVG
Pay Structure
on an average salary of £21.7k, the company has an equivalent pay structure (£26.5k)
£21.7k - Havering Mind
£26.5k - Industry AVG
Efficiency
resulting in sales per employee of £33.3k, this is less efficient (£45.8k)
£33.3k - Havering Mind
£45.8k - Industry AVG
Debtor Days
it gets paid by customers after 67 days, this is later than average (20 days)
67 days - Havering Mind
20 days - Industry AVG
Creditor Days
its suppliers are paid after 16 days, this is close to average (18 days)
16 days - Havering Mind
18 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Havering Mind
- - Industry AVG
Cash Balance
has cash to cover current liabilities
for 127 weeks, this is average cash available to meet short term requirements (124 weeks)
127 weeks - Havering Mind
124 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 27.6%, this is a higher level of debt than the average (22.7%)
27.6% - Havering Mind
22.7% - Industry AVG
HAVERING MIND financials
EXPORT
Havering Mind's latest turnover from March 2024 is £1.5 million and the company has net assets of £686.7 thousand. According to their latest financial statements, Havering Mind has 44 employees and maintains cash reserves of £639.7 thousand as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Mar 2024
Mar 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
1,467,168
1,429,286
970,764
518,811
473,040
271,526
266,587
298,073
287,693
414,656
385,940
401,123
339,596
332,180
347,818
Other Income Or Grants
Cost Of Sales
903,505
890,636
617,547
341,029
302,307
176,505
167,775
181,887
179,539
258,231
239,527
242,030
195,415
186,773
197,097
Gross Profit
563,663
538,650
353,217
177,782
170,733
95,021
98,812
116,186
108,154
156,425
146,413
159,093
144,181
145,407
150,721
Admin Expenses
434,703
478,243
200,691
18,551
38,811
101,600
99,193
128,828
136,182
152,849
158,586
138,389
161,109
167,441
97,202
Operating Profit
128,960
60,407
152,526
159,231
131,922
-6,579
-381
-12,642
-28,028
3,576
-12,173
20,704
-16,928
-22,034
53,519
Interest Payable
711
677
608
626
Interest Receivable
Pre-Tax Profit
125,975
72,354
126,239
129,220
107,011
-5,502
217
-12,279
-27,217
3,479
-11,268
16,418
-16,151
-21,290
38,813
Tax
Profit After Tax
125,975
72,354
126,239
129,220
107,011
-5,502
217
-12,279
-27,217
3,479
-11,268
16,418
-16,151
-21,290
38,813
Dividends Paid
Retained Profit
125,975
72,354
126,239
129,220
107,011
-5,502
217
-12,279
-27,217
3,479
-11,268
16,418
-16,151
-21,290
38,813
Employee Costs
955,474
1,009,887
598,021
280,491
195,965
192,341
191,176
219,478
212,760
270,122
296,690
277,301
246,762
236,509
206,721
Number Of Employees
44
51
28
13
11
11
13
15
18
24
27
26
22
21
21
EBITDA*
130,385
62,302
160,355
166,994
140,506
-2,421
3,961
-8,143
-24,133
8,430
-6,014
28,726
-7,233
-10,814
62,277
* Earnings Before Interest, Tax, Depreciation and Amortisation
Mar 2024
Mar 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
6,944
5,028
7,575
12,686
20,449
12,469
13,025
13,497
11,685
14,122
18,976
21,738
27,576
34,481
43,374
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
6,944
5,028
7,575
12,686
20,449
12,469
13,025
13,497
11,685
14,122
18,976
21,738
27,576
34,481
43,374
Stock & work in progress
Trade Debtors
271,203
2,746
25,636
50,922
24,393
19,294
6,568
23,855
8,750
2,100
395
Group Debtors
Misc Debtors
30,262
34,432
191,646
7,805
4,269
10,483
14,326
11,262
12,379
31,353
7,247
5,404
6,714
8,624
9,935
Cash
639,651
846,329
514,575
372,113
227,712
153,651
133,432
126,163
164,298
160,206
170,952
191,078
168,455
142,322
155,267
misc current assets
total current assets
941,116
883,507
731,857
430,840
256,374
183,428
154,326
161,280
185,427
191,559
180,299
196,877
175,169
150,946
165,202
total assets
948,060
888,535
739,432
443,526
276,823
195,897
167,351
174,777
197,112
205,681
199,275
218,615
202,745
185,427
208,576
Bank overdraft
Bank loan
Trade Creditors
41,393
22,751
21,844
14,483
5,174
9,839
6,316
2,663
12,318
2,422
3,294
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
219,952
305,044
229,202
66,896
38,722
60,142
29,617
40,913
41,314
32,562
28,763
40,129
40,677
7,208
9,067
total current liabilities
261,345
327,795
251,046
81,379
43,896
69,981
35,933
43,576
53,632
34,984
32,057
40,129
40,677
7,208
9,067
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
total long term liabilities
total liabilities
261,345
327,795
251,046
81,379
43,896
69,981
35,933
43,576
53,632
34,984
32,057
40,129
40,677
7,208
9,067
net assets
686,715
560,740
488,386
362,147
232,927
125,916
131,418
131,201
143,480
170,697
167,218
178,486
162,068
178,219
199,509
total shareholders funds
686,715
560,740
488,386
362,147
232,927
125,916
131,418
131,201
143,480
170,697
167,218
178,486
162,068
178,219
199,509
Mar 2024
Mar 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
128,960
60,407
152,526
159,231
131,922
-6,579
-381
-12,642
-28,028
3,576
-12,173
20,704
-16,928
-22,034
53,519
Depreciation
1,425
1,895
7,829
7,763
8,584
4,158
4,342
4,499
3,895
4,854
6,159
8,022
9,695
11,220
8,758
Amortisation
Tax
Stock
Debtors
264,287
-180,104
158,555
30,065
-1,115
8,883
-14,223
13,988
-10,224
22,006
3,548
-915
-1,910
-1,311
9,935
Creditors
18,642
907
7,361
9,309
-4,665
3,523
3,653
-9,655
9,896
-872
3,294
Accruals and Deferred Income
-85,092
75,842
162,306
28,174
-21,420
30,525
-11,296
-401
8,752
3,799
-11,366
-548
33,469
-1,859
9,067
Deferred Taxes & Provisions
Cash flow from operations
-200,352
319,155
171,467
174,412
115,536
22,744
10,541
-32,187
4,739
-10,649
-17,634
29,093
28,146
-11,362
61,409
Investing Activities
capital expenditure
-3,602
-3,870
-6,311
-1,458
-3,397
-2,184
-2,790
-2,327
-52,132
Change in Investments
cash flow from investments
-3,602
-3,870
-6,311
-1,458
-3,397
-2,184
-2,790
-2,327
-52,132
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
160,696
interest
-711
-677
-608
-626
cash flow from financing
-711
-677
-608
160,070
cash and cash equivalents
cash
-206,678
331,754
142,462
144,401
74,061
20,219
7,269
-38,135
4,092
-10,746
-20,126
22,623
26,133
-12,945
155,267
overdraft
change in cash
-206,678
331,754
142,462
144,401
74,061
20,219
7,269
-38,135
4,092
-10,746
-20,126
22,623
26,133
-12,945
155,267
havering mind Credit Report and Business Information
Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
Get a comprehensive credit check for havering mind. Get real-time insights into havering mind's credit score, group structure and payment trends.
Perform a competitor analysis for havering mind by selecting its closest rivals, whether from the HUMAN HEALTH AND SOCIAL WORK ACTIVITIES sector, other small companies, companies in RM14 area or any other competitors across 12 key performance metrics.
havering mind Ownership
HAVERING MIND group structure
Havering Mind has no subsidiary companies.
Ultimate parent company
HAVERING MIND
04184862
HAVERING MIND Shareholders
The sole shareholder of Havering Mind is -.
-
-
havering mind directors
Havering Mind currently has 12 directors.
The longest serving directors include
Ms Christine Gillbanks (Sep 2008) and
Ms Zenya Greenaway (Aug 2019).
Private Limited by guarantee without Share Capital Exempt from using Limited
industry
86900 - Other human health activities
incorporation date
March 2001
age
24
incorporated
UK
ultimate parent company
None
accounts
Full Accounts
last accounts submitted
March 2024
previous names
N/A
accountant
-
auditor
WARD WILLIAMS
address
harmile house 54 st mary's lane, upminster, essex, RM14 2QP
Bank
BARCLAYS BANK PLC
Legal Advisor
-
havering mind 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 havering mind.
havering mind 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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havering mindCompanies House Filings - See Documents
