hansen billing solutions limited
hansen billing solutions limited Company Information
Company Number
04370287
Registered Address
metro building 1 butterwick, ground floor, london, W6 8DL
Industry
Other information technology and computer service activities
Telephone
02083905000
Next Accounts Due
March 2025
Group Structure
View All
Shareholders
hansen holdings europe limited 100%
hansen billing solutions limited Estimated Valuation
Pomanda estimates the enterprise value of HANSEN BILLING SOLUTIONS LIMITED at £2.5m based on a Turnover of £2.6m and 0.96x industry multiple (adjusted for size and gross margin).
hansen billing solutions limited Estimated Valuation
Pomanda estimates the enterprise value of HANSEN BILLING SOLUTIONS LIMITED at £6.5m based on an EBITDA of £968.4k and a 6.72x industry multiple (adjusted for size and gross margin).
hansen billing solutions limited Estimated Valuation
Pomanda estimates the enterprise value of HANSEN BILLING SOLUTIONS LIMITED at £3.9m based on Net Assets of £1.7m and 2.3x industry multiple (adjusted for liquidity).
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Hansen Billing Solutions Limited Overview
Hansen Billing Solutions Limited is a live company located in london, W6 8DL with a Companies House number of 04370287. It operates in the other information technology service activities sector, SIC Code 62090. Founded in February 2002, it's largest shareholder is hansen holdings europe limited with a 100% stake. Hansen Billing Solutions Limited is a mature, small sized company, Pomanda has estimated its turnover at £2.6m with declining growth in recent years.
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Hansen Billing Solutions Limited Health Check
Pomanda's financial health check has awarded Hansen Billing Solutions Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 6 measures and has 4 areas for improvement. Company Health Check FAQs
6 Strong
1 Regular
4 Weak
Size
annual sales of £2.6m, make it smaller than the average company (£6.4m)
£2.6m - Hansen Billing Solutions Limited
£6.4m - Industry AVG
Growth
3 year (CAGR) sales growth of -4%, show it is growing at a slower rate (6.3%)
-4% - Hansen Billing Solutions Limited
6.3% - Industry AVG
Production
with a gross margin of 82.3%, this company has a lower cost of product (50%)
82.3% - Hansen Billing Solutions Limited
50% - Industry AVG
Profitability
an operating margin of 36.9% make it more profitable than the average company (3.2%)
36.9% - Hansen Billing Solutions Limited
3.2% - Industry AVG
Employees
with 13 employees, this is below the industry average (43)
13 - Hansen Billing Solutions Limited
43 - Industry AVG
Pay Structure
on an average salary of £70.9k, the company has an equivalent pay structure (£68.6k)
£70.9k - Hansen Billing Solutions Limited
£68.6k - Industry AVG
Efficiency
resulting in sales per employee of £201.8k, this is more efficient (£166k)
£201.8k - Hansen Billing Solutions Limited
£166k - Industry AVG
Debtor Days
it gets paid by customers after 21 days, this is earlier than average (55 days)
21 days - Hansen Billing Solutions Limited
55 days - Industry AVG
Creditor Days
its suppliers are paid after 2 days, this is quicker than average (37 days)
2 days - Hansen Billing Solutions Limited
37 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Hansen Billing Solutions Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 22 weeks, this is more cash available to meet short term requirements (14 weeks)
22 weeks - Hansen Billing Solutions Limited
14 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 34.8%, this is a lower level of debt than the average (63.8%)
34.8% - Hansen Billing Solutions Limited
63.8% - Industry AVG
HANSEN BILLING SOLUTIONS LIMITED financials
Hansen Billing Solutions Limited's latest turnover from June 2023 is £2.6 million and the company has net assets of £1.7 million. According to their latest financial statements, Hansen Billing Solutions Limited has 13 employees and maintains cash reserves of £383 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Jun 2018 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 2,624,000 | 2,974,000 | 2,975,000 | 3,002,000 | 4,100,000 | 7,098,000 | 3,774,000 | 4,396,000 | 3,905,000 | 4,455,000 | 4,042,000 | 3,775,000 | 2,896,000 | 2,944,000 |
| Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cost Of Sales | 464,000 | 481,000 | 490,000 | 303,000 | 186,000 | 234,000 | 2,686,000 | 2,807,000 | 2,575,000 | 2,712,000 | 2,403,000 | 2,413,000 | 2,405,000 | 2,695,000 |
| Gross Profit | 2,160,000 | 2,493,000 | 2,485,000 | 2,699,000 | 3,914,000 | 6,864,000 | 1,088,000 | 1,589,000 | 1,330,000 | 1,743,000 | 1,639,000 | 1,362,000 | 491,000 | 249,000 |
| Admin Expenses | 464,000 | 391,000 | 467,000 | 613,000 | 633,000 | 634,000 | ||||||||
| Operating Profit | 866,000 | 1,352,000 | 1,172,000 | 749,000 | -142,000 | -385,000 | ||||||||
| Interest Payable | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest Receivable | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 159,000 | 176,000 | 163,000 | 160,000 | 159,000 |
| Pre-Tax Profit | 925,000 | 1,151,000 | 746,000 | 875,000 | 1,456,000 | 2,689,000 | 620,000 | 841,000 | 866,000 | 1,511,000 | 1,348,000 | 912,000 | 18,000 | -226,000 |
| Tax | -188,000 | -236,000 | -192,000 | -215,000 | -400,000 | -596,000 | -85,000 | -144,000 | -209,000 | -405,000 | -368,000 | -298,000 | -52,000 | 20,000 |
| Profit After Tax | 737,000 | 915,000 | 554,000 | 660,000 | 1,056,000 | 2,093,000 | 535,000 | 697,000 | 657,000 | 1,106,000 | 980,000 | 614,000 | -34,000 | -206,000 |
| Dividends Paid | 0 | 0 | 1,300,000 | 810,000 | 2,823,000 | 0 | 6,595,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Retained Profit | 737,000 | 915,000 | -746,000 | -150,000 | -1,767,000 | 2,093,000 | -6,060,000 | 697,000 | 657,000 | 1,106,000 | 980,000 | 614,000 | -34,000 | -206,000 |
| Employee Costs | 922,000 | 925,000 | 1,143,000 | 1,217,000 | 1,631,000 | 2,868,000 | 2,022,000 | 2,205,000 | 2,196,000 | 2,247,000 | 1,982,000 | 2,156,000 | 2,152,000 | 2,196,000 |
| Number Of Employees | 13 | 13 | 15 | 17 | 21 | 25 | 29 | 30 | 34 | 37 | 32 | 34 | 36 | 38 |
| EBITDA* | 866,000 | 1,353,000 | 1,172,000 | 749,000 | -122,000 | -359,000 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Jun 2018 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 0 | 0 | 3,000 | 7,000 | 15,000 | 15,000 | 25,000 | 0 | 0 | 0 | 1,000 | 1,000 | 2,000 | 29,000 |
| Intangible Assets | 0 | 0 | 90,000 | 360,000 | 630,000 | 900,000 | 1,305,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 11,000 | 13,000 | 13,000 | 13,000 | 13,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 17,000 | 21,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 11,000 | 13,000 | 106,000 | 380,000 | 658,000 | 932,000 | 1,351,000 | 0 | 0 | 0 | 1,000 | 1,000 | 2,000 | 29,000 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 153,000 | 141,000 | 413,000 | 304,000 | 238,000 | 425,000 | 538,000 | 377,000 | 326,000 | 982,000 | 1,259,000 | 470,000 | 561,000 | 682,000 |
| Group Debtors | 1,844,000 | 1,087,000 | 34,000 | 172,000 | 79,000 | 1,513,000 | 0 | 8,480,000 | 10,868,000 | 10,012,000 | 7,941,000 | 6,260,000 | 5,178,000 | 4,702,000 |
| Misc Debtors | 189,000 | 454,000 | 470,000 | 675,000 | 930,000 | 155,000 | 36,000 | 79,000 | 226,000 | 57,000 | 98,000 | 208,000 | 228,000 | 174,000 |
| Cash | 383,000 | 189,000 | 149,000 | 255,000 | 167,000 | 557,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 2,569,000 | 1,871,000 | 1,066,000 | 1,406,000 | 1,414,000 | 2,650,000 | 574,000 | 8,936,000 | 11,420,000 | 11,051,000 | 9,298,000 | 6,938,000 | 5,967,000 | 5,558,000 |
| total assets | 2,580,000 | 1,884,000 | 1,172,000 | 1,786,000 | 2,072,000 | 3,582,000 | 1,925,000 | 8,936,000 | 11,420,000 | 11,051,000 | 9,299,000 | 6,939,000 | 5,969,000 | 5,587,000 |
| 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 | 3,000 | 30,000 | 7,000 | 7,000 | 11,000 | 11,000 | 59,000 | 22,000 | 67,000 | 23,000 | 15,000 | 47,000 | 8,000 | 22,000 |
| Group/Directors Accounts | 391,000 | 0 | 0 | 0 | 0 | 0 | 22,000 | 1,229,000 | 4,559,000 | 4,394,000 | 3,865,000 | 2,539,000 | 2,443,000 | 2,631,000 |
| 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 | 503,000 | 608,000 | 834,000 | 702,000 | 834,000 | 947,000 | 1,313,000 | 1,111,000 | 955,000 | 1,466,000 | 1,346,000 | 1,245,000 | 1,061,000 | 451,000 |
| total current liabilities | 897,000 | 638,000 | 841,000 | 709,000 | 845,000 | 958,000 | 1,394,000 | 2,362,000 | 5,581,000 | 5,883,000 | 5,226,000 | 3,831,000 | 3,512,000 | 3,104,000 |
| 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 | 897,000 | 638,000 | 841,000 | 709,000 | 845,000 | 958,000 | 1,394,000 | 2,362,000 | 5,581,000 | 5,883,000 | 5,226,000 | 3,831,000 | 3,512,000 | 3,104,000 |
| net assets | 1,683,000 | 1,246,000 | 331,000 | 1,077,000 | 1,227,000 | 2,624,000 | 531,000 | 6,574,000 | 5,839,000 | 5,168,000 | 4,073,000 | 3,108,000 | 2,457,000 | 2,483,000 |
| total shareholders funds | 1,683,000 | 1,246,000 | 331,000 | 1,077,000 | 1,227,000 | 2,624,000 | 531,000 | 6,574,000 | 5,839,000 | 5,168,000 | 4,073,000 | 3,108,000 | 2,457,000 | 2,483,000 |
| Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Jun 2018 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||||
| Operating Profit | 866,000 | 1,352,000 | 1,172,000 | 749,000 | -142,000 | -385,000 | ||||||||
| Depreciation | 0 | 3,000 | 4,000 | 8,000 | 7,000 | 10,000 | 0 | 0 | 0 | 1,000 | 0 | 0 | 20,000 | 26,000 |
| Amortisation | 0 | 90,000 | 270,000 | 270,000 | 270,000 | 405,000 | 45,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | -188,000 | -236,000 | -192,000 | -215,000 | -400,000 | -596,000 | -85,000 | -144,000 | -209,000 | -405,000 | -368,000 | -298,000 | -52,000 | 20,000 |
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 504,000 | 765,000 | -234,000 | -96,000 | -863,000 | 2,110,000 | -8,341,000 | -2,484,000 | 369,000 | 1,753,000 | 2,360,000 | 971,000 | 409,000 | 5,558,000 |
| Creditors | -27,000 | 23,000 | 0 | -4,000 | 0 | 11,000 | 37,000 | -45,000 | 44,000 | 8,000 | -32,000 | 39,000 | -14,000 | 22,000 |
| Accruals and Deferred Income | -105,000 | -226,000 | 132,000 | -132,000 | -113,000 | 947,000 | 202,000 | 156,000 | -511,000 | 120,000 | 101,000 | 184,000 | 610,000 | 451,000 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | -179,000 | -677,000 | -1,487,000 | -297,000 | 13,000 | -5,424,000 | ||||||||
| Investing Activities | ||||||||||||||
| capital expenditure | ||||||||||||||
| Change in Investments | -2,000 | 0 | 0 | 0 | 13,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 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 | 391,000 | 0 | 0 | 0 | 0 | 0 | -1,207,000 | -3,330,000 | 165,000 | 529,000 | 1,326,000 | 96,000 | -188,000 | 2,631,000 |
| 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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 159,000 | 176,000 | 163,000 | 160,000 | 159,000 |
| cash flow from financing | 91,000 | 0 | 0 | 0 | 370,000 | 531,000 | -1,190,000 | -3,292,000 | 179,000 | 677,000 | 1,487,000 | 296,000 | -20,000 | 5,479,000 |
| cash and cash equivalents | ||||||||||||||
| cash | 194,000 | 40,000 | -106,000 | 88,000 | -390,000 | 557,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 194,000 | 40,000 | -106,000 | 88,000 | -390,000 | 557,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
hansen billing solutions limited Credit Report and Business Information
Hansen Billing Solutions Limited Competitor Analysis
Perform a competitor analysis for hansen billing solutions limited by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other small companies, companies in W 6 area or any other competitors across 12 key performance metrics.
hansen billing solutions limited Ownership
HANSEN BILLING SOLUTIONS LIMITED group structure
Hansen Billing Solutions Limited has no subsidiary companies.
Ultimate parent company
HANSEN TECHNOLOGIES LTD
#0063625
2 parents
HANSEN BILLING SOLUTIONS LIMITED
04370287
hansen billing solutions limited directors
Hansen Billing Solutions Limited currently has 2 directors. The longest serving directors include Mr Andrew Hansen (Nov 2016) and Mr Scott Weir (Nov 2016).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Andrew Hansen | England | 65 years | Nov 2016 | - | Director |
| Mr Scott Weir | England | 54 years | Nov 2016 | - | Director |
P&L
June 2023turnover
2.6m
-12%
operating profit
968.4k
0%
gross margin
82.4%
-1.8%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
June 2023net assets
1.7m
+0.35%
total assets
2.6m
+0.37%
cash
383k
+1.03%
net assets
Total assets minus all liabilities
Similar Companies
hansen billing solutions limited company details
company number
04370287
Type
Private limited with Share Capital
industry
62090 - Other information technology and computer service activities
incorporation date
February 2002
age
22
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
June 2023
previous names
dst billing solutions limited (November 2016)
dst global solutions billing limited (July 2015)
accountant
-
auditor
RSM UK AUDIT LLP
address
metro building 1 butterwick, ground floor, london, W6 8DL
Bank
LLOYDS TSB BANK PLC
Legal Advisor
-
hansen billing solutions 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 hansen billing solutions limited. Currently there are 0 open charges and 1 have been satisfied in the past.
hansen billing solutions limited Companies House Filings - See Documents
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