husco & associates limited

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husco & associates limited Company Information

Share HUSCO & ASSOCIATES LIMITED

Company Number

04439744

Directors

Huseyin Baser

Shareholders

huseyin baser

Group Structure

View All

Industry

Accounting, and auditing activities

 

Registered Address

2 tudor villas burton lane, cheshunt, waltham cross, EN7 6SQ

husco & associates limited Estimated Valuation

£761k

Pomanda estimates the enterprise value of HUSCO & ASSOCIATES LIMITED at £761k based on a Turnover of £1m and 0.73x industry multiple (adjusted for size and gross margin).

husco & associates limited Estimated Valuation

£215.6k

Pomanda estimates the enterprise value of HUSCO & ASSOCIATES LIMITED at £215.6k based on an EBITDA of £46.2k and a 4.66x industry multiple (adjusted for size and gross margin).

husco & associates limited Estimated Valuation

£2m

Pomanda estimates the enterprise value of HUSCO & ASSOCIATES LIMITED at £2m based on Net Assets of £663.8k and 3.06x industry multiple (adjusted for liquidity).

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Husco & Associates Limited Overview

Husco & Associates Limited is a live company located in waltham cross, EN7 6SQ with a Companies House number of 04439744. It operates in the accounting and auditing activities sector, SIC Code 69201. Founded in May 2002, it's largest shareholder is huseyin baser with a 100% stake. Husco & Associates Limited is a mature, small sized company, Pomanda has estimated its turnover at £1m with healthy growth in recent years.

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Husco & Associates Limited Health Check

Pomanda's financial health check has awarded Husco & Associates Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 5 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating3.5out of 5
positive_score

4 Strong

positive_score

1 Regular

positive_score

5 Weak

size

Size

annual sales of £1m, make it larger than the average company (£181.4k)

£1m - Husco & Associates Limited

£181.4k - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 11%, show it is growing at a faster rate (8.4%)

11% - Husco & Associates Limited

8.4% - Industry AVG

production

Production

with a gross margin of 50.3%, this company has a higher cost of product (93.4%)

50.3% - Husco & Associates Limited

93.4% - Industry AVG

profitability

Profitability

an operating margin of 4.4% make it less profitable than the average company (10.1%)

4.4% - Husco & Associates Limited

10.1% - Industry AVG

employees

Employees

with 2 employees, this is below the industry average (3)

2 - Husco & Associates Limited

3 - Industry AVG

paystructure

Pay Structure

on an average salary of £34.8k, the company has an equivalent pay structure (£34.8k)

£34.8k - Husco & Associates Limited

£34.8k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £523.1k, this is more efficient (£76.5k)

£523.1k - Husco & Associates Limited

£76.5k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 238 days, this is later than average (78 days)

238 days - Husco & Associates Limited

78 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 14 days, this is quicker than average (21 days)

14 days - Husco & Associates Limited

21 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Husco & Associates Limited

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - Husco & Associates Limited

- - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 3.1%, this is a lower level of debt than the average (50.8%)

3.1% - Husco & Associates Limited

50.8% - Industry AVG

HUSCO & ASSOCIATES LIMITED financials

EXPORTms excel logo

Husco & Associates Limited's latest turnover from March 2024 is estimated at £1 million and the company has net assets of £663.8 thousand. According to their latest financial statements, Husco & Associates Limited has 2 employees and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Turnover1,046,2821,005,284858,657769,260855,219706,934647,463714,937144,03773,85697,024111,83487,26494,90280,994
Other Income Or Grants
Cost Of Sales519,519493,932416,325352,144378,561295,150260,807272,90366,43529,21632,83539,44731,61533,02432,120
Gross Profit526,763511,352442,332417,116476,658411,783386,657442,03477,60244,64164,18972,38755,65061,87848,874
Admin Expenses480,551444,921380,197348,801415,832346,699366,974411,861179,771-10,18812,08528,56517,04933,106-305,708
Operating Profit46,21266,43162,13568,31560,82665,08419,68330,173-102,16954,82952,10443,82238,60128,772354,582
Interest Payable
Interest Receivable3601,7822,0031,7611,5401,3331,165551
Pre-Tax Profit46,21266,43162,13568,31560,82665,08419,68330,533-100,38756,83253,86545,36239,93429,938355,133
Tax-11,553-12,622-11,806-12,980-11,557-12,366-3,740-6,106-11,935-12,389-10,887-10,383-8,382-99,437
Profit After Tax34,65953,80950,32955,33549,26952,71815,94324,426-100,38744,89741,47634,47529,55121,555255,696
Dividends Paid
Retained Profit34,65953,80950,32955,33549,26952,71815,94324,426-100,38744,89741,47634,47529,55121,555255,696
Employee Costs69,65866,31261,26152,97656,00566,67756,14357,38054,03126,38255,83555,48525,07749,32920,582
Number Of Employees222222222122121
EBITDA*46,21266,43162,13568,31560,82665,08419,68330,173-94,19362,92470,26554,51549,39639,584365,380

* Earnings Before Interest, Tax, Depreciation and Amortisation

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Tangible Assets2,3157519401,1761,4701,6802,1002,6251,9042,3802,6422,7743,1823,2473,190
Intangible Assets7,50015,00022,50013,00020,00030,00040,000
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets2,3157519401,1761,4701,6802,1002,6259,40417,38025,14215,77423,18233,24743,190
Stock & work in progress
Trade Debtors682,408649,838611,489544,409544,376443,558386,270366,54446,26719,88325,25027,53420,67321,94917,791
Group Debtors
Misc Debtors
Cash287,784425,028376,055328,456287,479245,797220,337
misc current assets
total current assets682,408649,838611,489544,409544,376443,558386,270366,544334,051444,911401,305355,990308,152267,746238,128
total assets684,723650,589612,429545,585545,846445,238388,370369,169343,455462,291426,447371,764331,334300,993281,318
Bank overdraft
Bank loan
Trade Creditors 20,97221,49737,14620,63176,22724,88820,73817,48016,09234,54143,59430,38724,43223,64225,522
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
total current liabilities20,97221,49737,14620,63176,22724,88820,73817,48016,09234,54143,59430,38724,43223,64225,522
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
total long term liabilities
total liabilities20,97221,49737,14620,63176,22724,88820,73817,48016,09234,54143,59430,38724,43223,64225,522
net assets663,751629,092575,283524,954469,619420,350367,632351,689327,363427,750382,853341,377306,902277,351255,796
total shareholders funds663,751629,092575,283524,954469,619420,350367,632351,689327,363427,750382,853341,377306,902277,351255,796
Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Operating Activities
Operating Profit46,21266,43162,13568,31560,82665,08419,68330,173-102,16954,82952,10443,82238,60128,772354,582
Depreciation476595661693795812798
Amortisation7,5007,50017,50010,00010,00010,00010,000
Tax-11,553-12,622-11,806-12,980-11,557-12,366-3,740-6,106-11,935-12,389-10,887-10,383-8,382-99,437
Stock
Debtors32,57038,34967,08033100,81857,28819,726320,27726,384-5,367-2,2846,861-1,2764,15817,791
Creditors-525-15,64916,515-55,59651,3394,1503,2581,388-18,449-9,05313,2075,955790-1,88025,522
Accruals and Deferred Income
Deferred Taxes & Provisions
Cash flow from operations1,564-189-236-294-210-420-525-294,822-139,02647,30373,36742,72241,07925,164273,674
Investing Activities
capital expenditure-1,5641892362942104205256,779-333-27,529-3,285-730-869-53,988
Change in Investments
cash flow from investments-1,5641892362942104205256,779-333-27,529-3,285-730-869-53,988
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-100100
interest3601,7822,0031,7611,5401,3331,165551
cash flow from financing2601,7822,0031,7611,5401,3331,165651
cash and cash equivalents
cash-287,784-137,24448,97347,59940,97741,68225,460220,337
overdraft
change in cash-287,784-137,24448,97347,59940,97741,68225,460220,337

husco & associates 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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Husco & Associates Limited Competitor Analysis

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Perform a competitor analysis for husco & associates limited by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other small companies, companies in EN7 area or any other competitors across 12 key performance metrics.

husco & associates limited Ownership

HUSCO & ASSOCIATES LIMITED group structure

Husco & Associates Limited has no subsidiary companies.

Ultimate parent company

HUSCO & ASSOCIATES LIMITED

04439744

HUSCO & ASSOCIATES LIMITED Shareholders

huseyin baser 100%

husco & associates limited directors

Husco & Associates Limited currently has 1 director, Mr Huseyin Baser serving since Jun 2002.

officercountryagestartendrole
Mr Huseyin Baser63 years Jun 2002- Director

P&L

March 2024

turnover

1m

+4%

operating profit

46.2k

0%

gross margin

50.4%

-1.02%

turnover

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

Balance Sheet

March 2024

net assets

663.8k

+0.06%

total assets

684.7k

+0.05%

cash

0

0%

net assets

Total assets minus all liabilities

husco & associates limited company details

company number

04439744

Type

Private limited with Share Capital

industry

69201 - Accounting, and auditing activities

incorporation date

May 2002

age

23

incorporated

UK

ultimate parent company

None

accounts

Micro-Entity Accounts

last accounts submitted

March 2024

previous names

N/A

accountant

-

auditor

-

address

2 tudor villas burton lane, cheshunt, waltham cross, EN7 6SQ

Bank

-

Legal Advisor

-

husco & associates 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 did not find charges/mortgages relating to husco & associates limited.

husco & associates 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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husco & associates limited Companies House Filings - See Documents

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