hanover airey development limited

1.5

hanover airey development limited Company Information

Share HANOVER AIREY DEVELOPMENT LIMITED
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Company Number

04515105

Website

-

Registered Address

6 corby hall drive, sunderland, SR2 7HZ

Industry

Real estate agencies

 

Telephone

-

Next Accounts Due

April 2025

Group Structure

View All

Directors

Paul Airey22 Years

Shareholders

paul airey 100%

hanover airey development limited Estimated Valuation

£562.8k

Pomanda estimates the enterprise value of HANOVER AIREY DEVELOPMENT LIMITED at £562.8k based on a Turnover of £308.9k and 1.82x industry multiple (adjusted for size and gross margin).

hanover airey development limited Estimated Valuation

£51.2k

Pomanda estimates the enterprise value of HANOVER AIREY DEVELOPMENT LIMITED at £51.2k based on an EBITDA of £7.4k and a 6.93x industry multiple (adjusted for size and gross margin).

hanover airey development limited Estimated Valuation

£6.6k

Pomanda estimates the enterprise value of HANOVER AIREY DEVELOPMENT LIMITED at £6.6k based on Net Assets of £3.7k and 1.81x industry multiple (adjusted for liquidity).

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Hanover Airey Development Limited Overview

Hanover Airey Development Limited is a live company located in sunderland, SR2 7HZ with a Companies House number of 04515105. It operates in the real estate agencies sector, SIC Code 68310. Founded in August 2002, it's largest shareholder is paul airey with a 100% stake. Hanover Airey Development Limited is a mature, micro sized company, Pomanda has estimated its turnover at £308.9k with high growth in recent years.

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Hanover Airey Development Limited Health Check

Pomanda's financial health check has awarded Hanover Airey Development Limited a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 5 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating1.5out of 5
positive_score

1 Strong

positive_score

3 Regular

positive_score

5 Weak

size

Size

annual sales of £308.9k, make it smaller than the average company (£1.2m)

£308.9k - Hanover Airey Development Limited

£1.2m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 20%, show it is growing at a faster rate (5%)

20% - Hanover Airey Development Limited

5% - Industry AVG

production

Production

with a gross margin of 81.3%, this company has a comparable cost of product (81.3%)

81.3% - Hanover Airey Development Limited

81.3% - Industry AVG

profitability

Profitability

an operating margin of 1% make it less profitable than the average company (8.5%)

1% - Hanover Airey Development Limited

8.5% - Industry AVG

employees

Employees

with 4 employees, this is below the industry average (15)

4 - Hanover Airey Development Limited

15 - Industry AVG

paystructure

Pay Structure

on an average salary of £37k, the company has an equivalent pay structure (£37k)

£37k - Hanover Airey Development Limited

£37k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £77.2k, this is equally as efficient (£77.2k)

£77.2k - Hanover Airey Development Limited

£77.2k - Industry AVG

debtordays

Debtor Days

There is insufficient data available for this Key Performance Indicator!

- - Hanover Airey Development Limited

- - Industry AVG

creditordays

Creditor Days

There is insufficient data available for this Key Performance Indicator!

- - Hanover Airey Development Limited

- - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Hanover Airey Development Limited

- - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 20 weeks, this is less cash available to meet short term requirements (28 weeks)

20 weeks - Hanover Airey Development Limited

28 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 94.4%, this is a higher level of debt than the average (62.1%)

94.4% - Hanover Airey Development Limited

62.1% - Industry AVG

HANOVER AIREY DEVELOPMENT LIMITED financials

EXPORTms excel logo

Hanover Airey Development Limited's latest turnover from July 2023 is estimated at £308.9 thousand and the company has net assets of £3.7 thousand. According to their latest financial statements, Hanover Airey Development Limited has 4 employees and maintains cash reserves of £24.6 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Jul 2023Apr 2022Apr 2021Apr 2020Apr 2019Apr 2018Apr 2017Apr 2016Apr 2015Apr 2014Apr 2013Apr 2012Apr 2011Apr 2010
Turnover308,881476,004387,358179,470243,256289,145306,185179,788131,569102,453373,23174,85893,026153,764
Other Income Or Grants00000000000000
Cost Of Sales57,88565,17345,38021,59440,19734,19035,28924,46113,03314,44166,70712,15316,41428,387
Gross Profit250,996410,831341,979157,876203,058254,955270,896155,326118,53688,013306,52462,70576,612125,377
Admin Expenses247,808415,184348,464176,425166,015258,869278,404127,829118,963100,062289,89783,42194,16484,974
Operating Profit3,188-4,353-6,485-18,54937,043-3,914-7,50827,497-427-12,04916,627-20,716-17,55240,403
Interest Payable0000322651720408000000
Interest Receivable80496222912740171710033
Pre-Tax Profit3,992-4,257-6,463-18,52036,848-4,561-8,22827,105-410-12,04816,627-20,716-17,54940,406
Tax-998000-7,00100-5,42100-3,82400-11,314
Profit After Tax2,994-4,257-6,463-18,52029,847-4,561-8,22821,684-410-12,04812,803-20,716-17,54929,092
Dividends Paid00000000000000
Retained Profit2,994-4,257-6,463-18,52029,847-4,561-8,22821,684-410-12,04812,803-20,716-17,54929,092
Employee Costs148,090235,764223,621189,113238,549222,766220,390111,03277,83275,050203,07967,87572,831103,469
Number Of Employees46656663226223
EBITDA*7,3873,256961-11,10344,5214,21527034,5695,819-5,76023,517-13,554-10,65147,388

* Earnings Before Interest, Tax, Depreciation and Amortisation

Jul 2023Apr 2022Apr 2021Apr 2020Apr 2019Apr 2018Apr 2017Apr 2016Apr 2015Apr 2014Apr 2013Apr 2012Apr 2011Apr 2010
Tangible Assets3,8926,4245,7666,6808,7566,8985,1647,9423,4772,7843,1064,9965,2695,647
Intangible Assets01,6676,66711,66716,66721,66726,66731,66736,66741,66746,66751,66756,66761,667
Investments & Other00000000000000
Debtors (Due After 1 year)00000000000000
Total Fixed Assets3,8928,09112,43318,34725,42328,56531,83139,60940,14444,45149,77356,66361,93667,314
Stock & work in progress00000000000000
Trade Debtors0001,2606,14816,11218,36015,87711,2358,37735,2546,2767,62314,363
Group Debtors0000008,1994,949000000
Misc Debtors37,38137,55528,23919,39513,43911,4841,1998,045000000
Cash24,5907,56518,10325,08832,3941,6001501506,4803410001,098
misc current assets00000000000000
total current assets61,97145,12046,34245,74351,98129,19627,90829,02117,7158,71835,2546,2767,62315,461
total assets65,86353,21158,77564,09077,40457,76159,73968,63057,85953,16985,02762,93969,55982,775
Bank overdraft000009,55510,48312,562000000
Bank loan00000000000000
Trade Creditors 003,80514,5688,67625,70426,35824,28440,50461,58681,39672,11158,01553,682
Group/Directors Accounts0000000026,18200000
other short term finances00000000000000
hp & lease commitments00000000000000
other current liabilities61,45551,41749,06637,00837,33321,34517,52117,690000000
total current liabilities61,45551,41752,87151,57646,00956,60454,36254,53666,68661,58681,39672,11158,01553,682
loans00000000000000
hp & lease commitments00000000000000
Accruals and Deferred Income00000000000000
other liabilities00000000000000
provisions7391,1199721,1191,4801,0897481,237000000
total long term liabilities7391,1199721,1191,4801,0897481,237000000
total liabilities62,19452,53653,84352,69547,48957,69355,11055,77366,68661,58681,39672,11158,01553,682
net assets3,6696754,93211,39529,915684,62912,857-8,827-8,4173,631-9,17211,54429,093
total shareholders funds3,6696754,93211,39529,915684,62912,857-8,827-8,4173,631-9,17211,54429,093
Jul 2023Apr 2022Apr 2021Apr 2020Apr 2019Apr 2018Apr 2017Apr 2016Apr 2015Apr 2014Apr 2013Apr 2012Apr 2011Apr 2010
Operating Activities
Operating Profit3,188-4,353-6,485-18,54937,043-3,914-7,50827,497-427-12,04916,627-20,716-17,55240,403
Depreciation2,5322,6092,4462,4462,4783,1292,7782,0721,2461,2891,8902,1621,9011,985
Amortisation1,6675,0005,0005,0005,0005,0005,0005,0005,0005,0005,0005,0005,0005,000
Tax-998000-7,00100-5,42100-3,82400-11,314
Stock00000000000000
Debtors-1749,3167,5841,068-8,009-162-1,11317,6362,858-26,87728,978-1,347-6,74014,363
Creditors0-3,805-10,7635,892-17,028-6542,074-16,220-21,082-19,8109,28514,0964,33353,682
Accruals and Deferred Income10,0382,35112,058-32515,9883,824-16917,690000000
Deferred Taxes & Provisions-380147-147-361391341-4891,237000000
Cash flow from operations16,221-7,367-5,475-6,96544,8807,8882,79914,219-18,1211,30701,88942275,393
Investing Activities
capital expenditure0-3,267-1,532-370-4,336-4,8630-6,537-1,939-9670-1,889-1,523-74,299
Change in Investments00000000000000
cash flow from investments0-3,267-1,532-370-4,336-4,8630-6,537-1,939-9670-1,889-1,523-74,299
Financing Activities
Bank loans00000000000000
Group/Directors Accounts0000000-26,18226,18200000
Other Short Term Loans 00000000000000
Long term loans00000000000000
Hire Purchase and Lease Commitments00000000000000
other long term liabilities00000000000000
share issue00000000000001
interest804962229-195-647-720-3911710033
cash flow from financing804962229-195-647-720-26,57326,19910034
cash and cash equivalents
cash17,025-10,538-6,985-7,30630,7941,4500-6,3306,13934100-1,0981,098
overdraft0000-9,555-928-2,07912,562000000
change in cash17,025-10,538-6,985-7,30640,3492,3782,079-18,8926,13934100-1,0981,098

hanover airey development 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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Hanover Airey Development Limited Competitor Analysis

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Perform a competitor analysis for hanover airey development limited by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other micro companies, companies in SR2 area or any other competitors across 12 key performance metrics.

hanover airey development limited Ownership

HANOVER AIREY DEVELOPMENT LIMITED group structure

Hanover Airey Development Limited has no subsidiary companies.

Ultimate parent company

HANOVER AIREY DEVELOPMENT LIMITED

04515105

HANOVER AIREY DEVELOPMENT LIMITED Shareholders

paul airey 100%

hanover airey development limited directors

Hanover Airey Development Limited currently has 1 director, Mr Paul Airey serving since Aug 2002.

officercountryagestartendrole
Mr Paul AireyEngland62 years Aug 2002- Director

P&L

July 2023

turnover

308.9k

-35%

operating profit

3.2k

0%

gross margin

81.3%

-5.85%

turnover

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

Balance Sheet

July 2023

net assets

3.7k

+4.44%

total assets

65.9k

+0.24%

cash

24.6k

+2.25%

net assets

Total assets minus all liabilities

hanover airey development limited company details

company number

04515105

Type

Private limited with Share Capital

industry

68310 - Real estate agencies

incorporation date

August 2002

age

22

incorporated

UK

ultimate parent company

None

accounts

Total Exemption Full

last accounts submitted

July 2023

previous names

N/A

accountant

TTR BARNES

auditor

-

address

6 corby hall drive, sunderland, SR2 7HZ

Bank

-

Legal Advisor

-

hanover airey development 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 hanover airey development limited. Currently there are 0 open charges and 1 have been satisfied in the past.

charges

hanover airey development limited Companies House Filings - See Documents

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