hanover airey development limited Company Information
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
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
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
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
1 Strong
3 Regular
5 Weak
Size
annual sales of £308.9k, make it smaller than the average company (£1.2m)
- Hanover Airey Development Limited
£1.2m - Industry AVG
Growth
3 year (CAGR) sales growth of 20%, show it is growing at a faster rate (5%)
- Hanover Airey Development Limited
5% - Industry AVG
Production
with a gross margin of 81.3%, this company has a comparable cost of product (81.3%)
- Hanover Airey Development Limited
81.3% - Industry AVG
Profitability
an operating margin of 1% make it less profitable than the average company (8.5%)
- Hanover Airey Development Limited
8.5% - Industry AVG
Employees
with 4 employees, this is below the industry average (15)
4 - Hanover Airey Development Limited
15 - Industry AVG
Pay Structure
on an average salary of £37k, the company has an equivalent pay structure (£37k)
- Hanover Airey Development Limited
£37k - Industry AVG
Efficiency
resulting in sales per employee of £77.2k, this is equally as efficient (£77.2k)
- Hanover Airey Development Limited
£77.2k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Hanover Airey Development Limited
- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- Hanover Airey Development Limited
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Hanover Airey Development Limited
- - Industry AVG
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
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
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 House, Pomanda Estimates
Jul 2023 | Apr 2022 | Apr 2021 | Apr 2020 | Apr 2019 | Apr 2018 | Apr 2017 | Apr 2016 | Apr 2015 | Apr 2014 | Apr 2013 | Apr 2012 | Apr 2011 | Apr 2010 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Turnover | ||||||||||||||
Other Income Or Grants | ||||||||||||||
Cost Of Sales | ||||||||||||||
Gross Profit | ||||||||||||||
Admin Expenses | ||||||||||||||
Operating Profit | ||||||||||||||
Interest Payable | ||||||||||||||
Interest Receivable | ||||||||||||||
Pre-Tax Profit | ||||||||||||||
Tax | ||||||||||||||
Profit After Tax | ||||||||||||||
Dividends Paid | ||||||||||||||
Retained Profit | ||||||||||||||
Employee Costs | ||||||||||||||
Number Of Employees | 4 | 6 | 6 | 5 | 6 | 6 | 6 | |||||||
EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
Jul 2023 | Apr 2022 | Apr 2021 | Apr 2020 | Apr 2019 | Apr 2018 | Apr 2017 | Apr 2016 | Apr 2015 | Apr 2014 | Apr 2013 | Apr 2012 | Apr 2011 | Apr 2010 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Tangible Assets | 3,892 | 6,424 | 5,766 | 6,680 | 8,756 | 6,898 | 5,164 | 7,942 | 3,477 | 2,784 | 3,106 | 4,996 | 5,269 | 5,647 |
Intangible Assets | 0 | 1,667 | 6,667 | 11,667 | 16,667 | 21,667 | 26,667 | 31,667 | 36,667 | 41,667 | 46,667 | 51,667 | 56,667 | 61,667 |
Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Total Fixed Assets | 3,892 | 8,091 | 12,433 | 18,347 | 25,423 | 28,565 | 31,831 | 39,609 | 40,144 | 44,451 | 49,773 | 56,663 | 61,936 | 67,314 |
Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Trade Debtors | 0 | 0 | 0 | 1,260 | 6,148 | 16,112 | 18,360 | 15,877 | 11,235 | 8,377 | 35,254 | 6,276 | 7,623 | 14,363 |
Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 8,199 | 4,949 | 0 | 0 | 0 | 0 | 0 | 0 |
Misc Debtors | 37,381 | 37,555 | 28,239 | 19,395 | 13,439 | 11,484 | 1,199 | 8,045 | 0 | 0 | 0 | 0 | 0 | 0 |
Cash | 24,590 | 7,565 | 18,103 | 25,088 | 32,394 | 1,600 | 150 | 150 | 6,480 | 341 | 0 | 0 | 0 | 1,098 |
misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total current assets | 61,971 | 45,120 | 46,342 | 45,743 | 51,981 | 29,196 | 27,908 | 29,021 | 17,715 | 8,718 | 35,254 | 6,276 | 7,623 | 15,461 |
total assets | 65,863 | 53,211 | 58,775 | 64,090 | 77,404 | 57,761 | 59,739 | 68,630 | 57,859 | 53,169 | 85,027 | 62,939 | 69,559 | 82,775 |
Bank overdraft | 0 | 0 | 0 | 0 | 0 | 9,555 | 10,483 | 12,562 | 0 | 0 | 0 | 0 | 0 | 0 |
Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Trade Creditors | 0 | 0 | 3,805 | 14,568 | 8,676 | 25,704 | 26,358 | 24,284 | 40,504 | 61,586 | 81,396 | 72,111 | 58,015 | 53,682 |
Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 26,182 | 0 | 0 | 0 | 0 | 0 |
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 | 61,455 | 51,417 | 49,066 | 37,008 | 37,333 | 21,345 | 17,521 | 17,690 | 0 | 0 | 0 | 0 | 0 | 0 |
total current liabilities | 61,455 | 51,417 | 52,871 | 51,576 | 46,009 | 56,604 | 54,362 | 54,536 | 66,686 | 61,586 | 81,396 | 72,111 | 58,015 | 53,682 |
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 | 739 | 1,119 | 972 | 1,119 | 1,480 | 1,089 | 748 | 1,237 | 0 | 0 | 0 | 0 | 0 | 0 |
total long term liabilities | 739 | 1,119 | 972 | 1,119 | 1,480 | 1,089 | 748 | 1,237 | 0 | 0 | 0 | 0 | 0 | 0 |
total liabilities | 62,194 | 52,536 | 53,843 | 52,695 | 47,489 | 57,693 | 55,110 | 55,773 | 66,686 | 61,586 | 81,396 | 72,111 | 58,015 | 53,682 |
net assets | 3,669 | 675 | 4,932 | 11,395 | 29,915 | 68 | 4,629 | 12,857 | -8,827 | -8,417 | 3,631 | -9,172 | 11,544 | 29,093 |
total shareholders funds | 3,669 | 675 | 4,932 | 11,395 | 29,915 | 68 | 4,629 | 12,857 | -8,827 | -8,417 | 3,631 | -9,172 | 11,544 | 29,093 |
Jul 2023 | Apr 2022 | Apr 2021 | Apr 2020 | Apr 2019 | Apr 2018 | Apr 2017 | Apr 2016 | Apr 2015 | Apr 2014 | Apr 2013 | Apr 2012 | Apr 2011 | Apr 2010 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Operating Activities | ||||||||||||||
Operating Profit | ||||||||||||||
Depreciation | 2,532 | 2,609 | 2,446 | 2,446 | 2,478 | 3,129 | 2,778 | 2,072 | 1,246 | 1,289 | 1,890 | 2,162 | 1,901 | 1,985 |
Amortisation | 1,667 | 5,000 | 5,000 | 5,000 | 5,000 | 5,000 | 5,000 | 5,000 | 5,000 | 5,000 | 5,000 | 5,000 | 5,000 | 5,000 |
Tax | ||||||||||||||
Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Debtors | -174 | 9,316 | 7,584 | 1,068 | -8,009 | -162 | -1,113 | 17,636 | 2,858 | -26,877 | 28,978 | -1,347 | -6,740 | 14,363 |
Creditors | 0 | -3,805 | -10,763 | 5,892 | -17,028 | -654 | 2,074 | -16,220 | -21,082 | -19,810 | 9,285 | 14,096 | 4,333 | 53,682 |
Accruals and Deferred Income | 10,038 | 2,351 | 12,058 | -325 | 15,988 | 3,824 | -169 | 17,690 | 0 | 0 | 0 | 0 | 0 | 0 |
Deferred Taxes & Provisions | -380 | 147 | -147 | -361 | 391 | 341 | -489 | 1,237 | 0 | 0 | 0 | 0 | 0 | 0 |
Cash flow from operations | ||||||||||||||
Investing Activities | ||||||||||||||
capital expenditure | ||||||||||||||
Change in Investments | 0 | 0 | 0 | 0 | 0 | 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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -26,182 | 26,182 | 0 | 0 | 0 | 0 | 0 |
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 | ||||||||||||||
cash flow from financing | ||||||||||||||
cash and cash equivalents | ||||||||||||||
cash | 17,025 | -10,538 | -6,985 | -7,306 | 30,794 | 1,450 | 0 | -6,330 | 6,139 | 341 | 0 | 0 | -1,098 | 1,098 |
overdraft | 0 | 0 | 0 | 0 | -9,555 | -928 | -2,079 | 12,562 | 0 | 0 | 0 | 0 | 0 | 0 |
change in cash | 17,025 | -10,538 | -6,985 | -7,306 | 40,349 | 2,378 | 2,079 | -18,892 | 6,139 | 341 | 0 | 0 | -1,098 | 1,098 |
hanover airey development limited Credit Report and Business Information
Hanover Airey Development Limited Competitor Analysis
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 directors
Hanover Airey Development Limited currently has 1 director, Mr Paul Airey serving since Aug 2002.
officer | country | age | start | end | role |
---|---|---|---|---|---|
Mr Paul Airey | England | 62 years | Aug 2002 | - | Director |
P&L
July 2023turnover
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 2023net 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
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.
hanover airey development limited Companies House Filings - See Documents
date | description | view/download |
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