hitchings properties limited

Live MatureMicroDeclining

hitchings properties limited Company Information

Share HITCHINGS PROPERTIES LIMITED

Company Number

04580843

Shareholders

david frank hitchings

Group Structure

View All

Industry

Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.

 

Registered Address

1680 wimborne road, bear cross, bournemouth, BH11 9AL

Website

-

hitchings properties limited Estimated Valuation

£96.5k

Pomanda estimates the enterprise value of HITCHINGS PROPERTIES LIMITED at £96.5k based on a Turnover of £40.5k and 2.39x industry multiple (adjusted for size and gross margin).

hitchings properties limited Estimated Valuation

£0

Pomanda estimates the enterprise value of HITCHINGS PROPERTIES LIMITED at £0 based on an EBITDA of £-215 and a 4.66x industry multiple (adjusted for size and gross margin).

hitchings properties limited Estimated Valuation

£0

Pomanda estimates the enterprise value of HITCHINGS PROPERTIES LIMITED at £0 based on Net Assets of £-1.2k and 1.75x industry multiple (adjusted for liquidity).

Edit your figures and get a professional valuation report.

Hitchings Properties Limited Overview

Hitchings Properties Limited is a live company located in bournemouth, BH11 9AL with a Companies House number of 04580843. It operates in the other letting and operating of own or leased real estate sector, SIC Code 68209. Founded in November 2002, it's largest shareholder is david frank hitchings with a 100% stake. Hitchings Properties Limited is a mature, micro sized company, Pomanda has estimated its turnover at £40.5k with declining growth in recent years.

View Sample
View Sample
View Sample

Upgrade for unlimited company reports & a free credit check

Hitchings Properties Limited Health Check

Pomanda's financial health check has awarded Hitchings Properties Limited a 0.5 rating. We use a traffic light system to show it exceeds the industry average on 0 measures and has 7 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating0.5out of 5
positive_score

0 Strong

positive_score

1 Regular

positive_score

7 Weak

size

Size

annual sales of £40.5k, make it smaller than the average company (£850.2k)

£40.5k - Hitchings Properties Limited

£850.2k - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -13%, show it is growing at a slower rate (2.9%)

-13% - Hitchings Properties Limited

2.9% - Industry AVG

production

Production

with a gross margin of 30.2%, this company has a higher cost of product (73%)

30.2% - Hitchings Properties Limited

73% - Industry AVG

profitability

Profitability

an operating margin of -0.5% make it less profitable than the average company (27.1%)

-0.5% - Hitchings Properties Limited

27.1% - Industry AVG

employees

Employees

with 1 employees, this is below the industry average (4)

1 - Hitchings Properties Limited

4 - Industry AVG

paystructure

Pay Structure

on an average salary of £31.9k, the company has an equivalent pay structure (£31.9k)

£31.9k - Hitchings Properties Limited

£31.9k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £40.5k, this is less efficient (£179k)

£40.5k - Hitchings Properties Limited

£179k - Industry AVG

debtordays

Debtor Days

There is insufficient data available for this Key Performance Indicator!

- - Hitchings Properties Limited

- - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 13 days, this is quicker than average (36 days)

13 days - Hitchings Properties Limited

36 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Hitchings Properties Limited

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - Hitchings Properties Limited

- - Industry AVG

debtlevel

Debt Level

There is insufficient data available for this Key Performance Indicator!

- - Hitchings Properties Limited

- - Industry AVG

HITCHINGS PROPERTIES LIMITED financials

EXPORTms excel logo

Hitchings Properties Limited's latest turnover from November 2023 is estimated at £40.5 thousand and the company has net assets of -£1.2 thousand. According to their latest financial statements, Hitchings Properties Limited has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Nov 2023Nov 2022Nov 2021Nov 2020Nov 2019Nov 2016Nov 2015Nov 2014Nov 2013Nov 2012Nov 2011Nov 2010Nov 2009
Turnover40,47237,18135,52160,50064,87267129,61421,59120,66519,64919,25916,158
Other Income Or Grants
Cost Of Sales28,25126,48025,88443,06645,71344820,90215,65215,15814,53714,06711,309
Gross Profit12,22110,7019,63717,43419,1592228,7115,9405,5075,1125,1924,849
Admin Expenses12,43610,9169,63617,43419,9705,8309,1274,82211,4839,4982,2764,482-21,597
Operating Profit-215-2151-811-5,608-4161,118-5,976-4,3862,91636721,597
Interest Payable1,8851,885
Interest Receivable
Pre-Tax Profit-215-2151-811-5,608-4161,118-5,976-6,2711,03136721,597
Tax-235-268-103-6,047
Profit After Tax-215-2151-811-5,608-416883-5,976-6,27176326415,550
Dividends Paid
Retained Profit-215-2151-811-5,608-416883-5,976-6,27176326415,550
Employee Costs31,92030,60928,40127,39428,19126,18626,30225,00023,90724,37223,51524,287
Number Of Employees111111111111
EBITDA*-215-2151-811-5,608-4161,118-5,976-4,3862,91636721,597

* Earnings Before Interest, Tax, Depreciation and Amortisation

Nov 2023Nov 2022Nov 2021Nov 2020Nov 2019Nov 2016Nov 2015Nov 2014Nov 2013Nov 2012Nov 2011Nov 2010Nov 2009
Tangible Assets
Intangible Assets
Investments & Other96,63496,63496,63496,63496,63496,63496,634
Debtors (Due After 1 year)
Total Fixed Assets96,63496,63496,63496,63496,63496,63496,634
Stock & work in progress
Trade Debtors4,0004,0004,0004,0004,0003,5002,500
Group Debtors
Misc Debtors
Cash
misc current assets
total current assets4,0004,0004,0004,0004,0003,5002,500
total assets100,634100,634100,634100,634100,634100,13499,134
Bank overdraft
Bank loan
Trade Creditors 1,02581081081037,83611,77310,9828,4109,9329,18619,586
Group/Directors Accounts25,64727,32123,91716,12417,133
other short term finances
hp & lease commitments
other current liabilities810810
total current liabilities1,02581081081081081037,83637,42038,30332,32726,05626,31919,586
loans58,000
hp & lease commitments
Accruals and Deferred Income215215
other liabilities58,00058,00058,00058,00058,00063,997
provisions
total long term liabilities21521558,00058,00058,00058,00058,00058,00063,997
total liabilities1,2401,02581081081081095,83695,42096,30390,32784,05684,31983,583
net assets-1,240-1,025-810-810-810-8104,7985,2144,33110,30716,57815,81515,551
total shareholders funds-1,240-1,025-810-810-810-8104,7985,2144,33110,30716,57815,81515,551
Nov 2023Nov 2022Nov 2021Nov 2020Nov 2019Nov 2016Nov 2015Nov 2014Nov 2013Nov 2012Nov 2011Nov 2010Nov 2009
Operating Activities
Operating Profit-215-2151-811-5,608-4161,118-5,976-4,3862,91636721,597
Depreciation
Amortisation
Tax-235-268-103-6,047
Stock
Debtors-4,0005001,0002,500
Creditors215810-37,02626,0637912,572-1,522746-10,40019,586
Accruals and Deferred Income215-810810
Deferred Taxes & Provisions
Cash flow from operations1-1-38,63425,6471,674-3,404-5,9082,894-11,13632,636
Investing Activities
capital expenditure
Change in Investments-96,63496,634
cash flow from investments96,634-96,634
Financing Activities
Bank loans
Group/Directors Accounts-25,647-1,6743,4047,793-1,00917,133
Other Short Term Loans
Long term loans-58,00058,000
Hire Purchase and Lease Commitments
other long term liabilities-58,00058,000-58,000-5,99763,997
share issue-111
interest-1,885-1,885
cash flow from financing-11-58,000-25,647-1,6743,4045,908-2,89411,13663,998
cash and cash equivalents
cash
overdraft
change in cash

hitchings properties limited 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 hitchings properties limited. Get real-time insights into hitchings properties limited's credit score, group structure and payment trends.

From as little as £6.99

This will not impact your credit rating!

View Credit Report Sample

Hitchings Properties Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for hitchings properties limited by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other micro companies, companies in BH11 area or any other competitors across 12 key performance metrics.

hitchings properties limited Ownership

HITCHINGS PROPERTIES LIMITED group structure

Hitchings Properties Limited has no subsidiary companies.

Ultimate parent company

HITCHINGS PROPERTIES LIMITED

04580843

HITCHINGS PROPERTIES LIMITED Shareholders

david frank hitchings 100%

hitchings properties limited directors

Hitchings Properties Limited currently has 1 director, Mr David Hitchings serving since Nov 2002.

officercountryagestartendrole
Mr David Hitchings77 years Nov 2002- Director

P&L

November 2023

turnover

40.5k

+9%

operating profit

-215

0%

gross margin

30.2%

+4.92%

turnover

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

Balance Sheet

November 2023

net assets

-1.2k

+0.21%

total assets

0

0%

cash

0

0%

net assets

Total assets minus all liabilities

Similar Companies

Similar companies unavailable for this selection

hitchings properties limited company details

company number

04580843

Type

Private limited with Share Capital

industry

68209 - Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.

incorporation date

November 2002

age

23

incorporated

UK

ultimate parent company

None

accounts

Micro-Entity Accounts

last accounts submitted

November 2023

previous names

N/A

accountant

ARTEMA LTD

auditor

-

address

1680 wimborne road, bear cross, bournemouth, BH11 9AL

Bank

-

Legal Advisor

-

hitchings properties 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 hitchings properties limited.

hitchings properties 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.

Click to start generating capital raising & share issue transactions for HITCHINGS PROPERTIES LIMITED. This can take several minutes, an email will notify you when this has completed.

hitchings properties limited Companies House Filings - See Documents

datedescriptionview/download