hydra bay properties plc
hydra bay properties plc Company Information
Company Number
05105580
Next Accounts
Sep 2025
Shareholders
clocktower properties ltd
david sanders
View AllGroup Structure
View All
Industry
Renting and operating of Housing Association real estate
+2Registered Address
23 inderwick road, london, N8 9LB
Website
-hydra bay properties plc Estimated Valuation
Pomanda estimates the enterprise value of HYDRA BAY PROPERTIES PLC at £60.8k based on a Turnover of £17.2k and 3.53x industry multiple (adjusted for size and gross margin).
hydra bay properties plc Estimated Valuation
Pomanda estimates the enterprise value of HYDRA BAY PROPERTIES PLC at £0 based on an EBITDA of £-22k and a 8.16x industry multiple (adjusted for size and gross margin).
hydra bay properties plc Estimated Valuation
Pomanda estimates the enterprise value of HYDRA BAY PROPERTIES PLC at £0 based on Net Assets of £-1.1m and 1.63x industry multiple (adjusted for liquidity).
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Hydra Bay Properties Plc Overview
Hydra Bay Properties Plc is a live company located in london, N8 9LB with a Companies House number of 05105580. It operates in the development of building projects sector, SIC Code 41100. Founded in April 2004, it's largest shareholder is clocktower properties ltd with a 24.5% stake. Hydra Bay Properties Plc is a mature, micro sized company, Pomanda has estimated its turnover at £17.2k with declining growth in recent years.
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Hydra Bay Properties Plc Health Check
Pomanda's financial health check has awarded Hydra Bay Properties Plc a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 8 areas for improvement. Company Health Check FAQs
3 Strong
0 Regular
8 Weak
Size
annual sales of £17.2k, make it smaller than the average company (£1.6m)
£17.2k - Hydra Bay Properties Plc
£1.6m - Industry AVG
Growth
3 year (CAGR) sales growth of -43%, show it is growing at a slower rate (4.8%)
-43% - Hydra Bay Properties Plc
4.8% - Industry AVG
Production
with a gross margin of 95.9%, this company has a lower cost of product (51.6%)
95.9% - Hydra Bay Properties Plc
51.6% - Industry AVG
Profitability
an operating margin of -880.7% make it less profitable than the average company (16.4%)
-880.7% - Hydra Bay Properties Plc
16.4% - Industry AVG
Employees
with 4 employees, this is below the industry average (5)
4 - Hydra Bay Properties Plc
5 - Industry AVG
Pay Structure
on an average salary of £7.5k, the company has a lower pay structure (£40.8k)
£7.5k - Hydra Bay Properties Plc
£40.8k - Industry AVG
Efficiency
resulting in sales per employee of £4.3k, this is less efficient (£214.2k)
£4.3k - Hydra Bay Properties Plc
£214.2k - Industry AVG
Debtor Days
it gets paid by customers after 6536 days, this is later than average (23 days)
6536 days - Hydra Bay Properties Plc
23 days - Industry AVG
Creditor Days
its suppliers are paid after 22330 days, this is slower than average (33 days)
22330 days - Hydra Bay Properties Plc
33 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Hydra Bay Properties Plc
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 5 weeks, this is less cash available to meet short term requirements (14 weeks)
5 weeks - Hydra Bay Properties Plc
14 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 157.9%, this is a higher level of debt than the average (69%)
157.9% - Hydra Bay Properties Plc
69% - Industry AVG
HYDRA BAY PROPERTIES PLC financials
Hydra Bay Properties Plc's latest turnover from March 2024 is £17.2 thousand and the company has net assets of -£1.1 million. According to their latest financial statements, Hydra Bay Properties Plc has 4 employees and maintains cash reserves of £284.8 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 17,229 | 54,249 | 89,703 | 92,176 | 96,124 | 113,220 | 74,037 | 525,832 | 343,953 | 377,137 | 347,916 | 212,004 | 310,432 | 502,005 | 591,176 |
| Other Income Or Grants | |||||||||||||||
| Cost Of Sales | 710 | 81,716 | 88,065 | 89,896 | 23 | 16,449 | 96,571 | 70,842 | 75,251 | 91,485 | 45,063 | 74,255 | 127,103 | 150,882 | |
| Gross Profit | 16,519 | 54,249 | 7,987 | 4,111 | 6,228 | 113,197 | 57,588 | 429,261 | 273,111 | 301,886 | 256,431 | 166,941 | 236,177 | 374,902 | 440,294 |
| Admin Expenses | 168,252 | 180,124 | 168,761 | 209,589 | -272,292 | 572,574 | 246,562 | 528,435 | 423,973 | 380,429 | 484,700 | 431,184 | 505,842 | 900,149 | 891,923 |
| Operating Profit | -151,733 | -125,875 | -160,774 | -205,478 | 278,520 | -459,377 | -188,974 | -99,174 | -150,862 | -78,543 | -228,269 | -264,243 | -269,665 | -525,247 | -451,629 |
| Interest Payable | 20,548 | 28,455 | 14,819 | 24,967 | 20,038 | 30,697 | 31,595 | 17,362 | 40,572 | 342 | 52,763 | 56,556 | 41,232 | 57,486 | |
| Interest Receivable | 17 | 199 | 233 | ||||||||||||
| Pre-Tax Profit | -172,281 | -154,330 | -175,593 | -230,445 | 258,482 | -459,377 | -219,671 | -130,769 | -191,330 | -119,115 | -228,611 | -1,325,948 | -347,149 | -602,405 | -554,117 |
| Tax | -6,249 | -995 | -2,539 | -1,285 | -183 | -1,382 | -10,090 | -3,461 | -5,195 | -21,535 | |||||
| Profit After Tax | -172,281 | -154,330 | -175,593 | -230,445 | 258,482 | -465,626 | -220,666 | -133,308 | -192,615 | -119,298 | -229,993 | -1,336,038 | -350,610 | -607,600 | -575,652 |
| Dividends Paid | |||||||||||||||
| Retained Profit | -172,281 | -154,330 | -175,593 | -230,445 | 258,482 | -465,626 | -220,666 | -133,308 | -192,615 | -119,298 | -229,993 | -1,336,038 | -350,610 | -607,600 | -575,652 |
| Employee Costs | 29,837 | 29,327 | 20,066 | 60,753 | 372,714 | 199,920 | 187,741 | 177,809 | 126,719 | 247,923 | 460,836 | 401,823 | |||
| Number Of Employees | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 11 | 11 | 11 | 11 | 11 | 12 | 18 | |
| EBITDA* | -21,974 | 1,393 | -32,288 | -72,683 | 410,175 | -271,725 | 1,684 | 81,227 | -48,135 | 57,425 | -86,426 | -59,323 | -60,811 | -213,226 | -141,589 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 833,795 | 989,721 | 1,059,013 | 1,339,990 | 1,461,862 | 1,618,718 | 1,778,865 | 1,525,733 | 1,351,275 | 1,457,768 | 1,761,835 | 1,850,000 | 3,117,681 | 3,396,049 | 3,862,515 |
| Intangible Assets | |||||||||||||||
| Investments & Other | |||||||||||||||
| Debtors (Due After 1 year) | |||||||||||||||
| Total Fixed Assets | 833,795 | 989,721 | 1,059,013 | 1,339,990 | 1,461,862 | 1,618,718 | 1,778,865 | 1,525,733 | 1,351,275 | 1,457,768 | 1,761,835 | 1,850,000 | 3,117,681 | 3,396,049 | 3,862,515 |
| Stock & work in progress | 35 | 4,258 | |||||||||||||
| Trade Debtors | 308,559 | 296,493 | 222,451 | 228,424 | 229,270 | 312,801 | 225,614 | 229,562 | 226,153 | 63,984 | 88,537 | 69,957 | 48,131 | 100,639 | 81,238 |
| Group Debtors | 2,395,076 | 2,352,337 | |||||||||||||
| Misc Debtors | 535,950 | 529,111 | 482,499 | 269,456 | 245,016 | 229,057 | 296,730 | 252,506 | 235,116 | 220,581 | 168,802 | 171,012 | 216,728 | 182,271 | 119,615 |
| Cash | 284,805 | 217,290 | 215,677 | 234,397 | 264,457 | 212,251 | 212,180 | 219,796 | 160,437 | 156,008 | 87,762 | 27,356 | 12,231 | 26,697 | 87,602 |
| misc current assets | 8,200 | 8,200 | 8,200 | 20,945 | 42,830 | 90,000 | |||||||||
| total current assets | 1,129,314 | 1,042,894 | 920,627 | 732,277 | 738,778 | 754,109 | 734,524 | 706,122 | 621,706 | 448,773 | 2,748,377 | 2,628,862 | 298,035 | 352,437 | 378,455 |
| total assets | 1,963,109 | 2,032,615 | 1,979,640 | 2,072,267 | 2,200,640 | 2,372,827 | 2,513,389 | 2,231,855 | 1,972,981 | 1,906,541 | 4,510,212 | 4,478,862 | 3,415,716 | 3,748,486 | 4,240,970 |
| Bank overdraft | 877,813 | 877,813 | 877,813 | 825,050 | 38,132 | 132,430 | |||||||||
| Bank loan | 40,796 | 40,596 | 21,929 | 20,687 | 19,493 | 1,374,005 | 1,240,942 | 1,115,544 | 932,852 | ||||||
| Trade Creditors | 43,438 | 38,071 | 35,331 | 34,239 | 19,450 | 35,775 | 52,693 | 86,719 | 71,628 | 71,628 | 63,265 | 52,972 | 26,436 | 51,521 | 85,730 |
| Group/Directors Accounts | 1,761 | 2,395,076 | 2,352,335 | 594,376 | 330,000 | ||||||||||
| other short term finances | |||||||||||||||
| hp & lease commitments | |||||||||||||||
| other current liabilities | 2,418,350 | 2,268,257 | 2,077,310 | 2,064,677 | 1,979,806 | 1,925,105 | 1,604,411 | 1,534,806 | 1,341,435 | 1,286,522 | 1,308,588 | 1,363,334 | 1,300,904 | 499,349 | 310,296 |
| total current liabilities | 2,502,584 | 2,346,924 | 2,134,570 | 2,119,603 | 2,018,749 | 3,334,885 | 2,898,046 | 2,738,830 | 2,345,915 | 2,235,963 | 4,644,742 | 4,646,454 | 2,152,390 | 1,183,378 | 858,456 |
| loans | 596,712 | 648,698 | 650,837 | 725,477 | 728,296 | 858,107 | 880,605 | ||||||||
| hp & lease commitments | |||||||||||||||
| Accruals and Deferred Income | |||||||||||||||
| other liabilities | |||||||||||||||
| provisions | |||||||||||||||
| total long term liabilities | 596,712 | 648,698 | 650,837 | 725,477 | 728,296 | 858,107 | 880,605 | ||||||||
| total liabilities | 3,099,296 | 2,995,622 | 2,785,407 | 2,845,080 | 2,747,045 | 3,334,885 | 2,898,046 | 2,738,830 | 2,345,915 | 2,235,963 | 4,644,742 | 4,646,454 | 2,152,390 | 2,041,485 | 1,739,061 |
| net assets | -1,136,187 | -963,007 | -805,767 | -772,813 | -546,405 | -962,058 | -384,657 | -506,975 | -372,934 | -329,422 | -134,530 | -167,592 | 1,263,326 | 1,707,001 | 2,501,909 |
| total shareholders funds | -1,136,187 | -963,007 | -805,767 | -772,813 | -546,405 | -962,058 | -384,657 | -506,975 | -372,934 | -329,422 | -134,530 | -167,592 | 1,263,326 | 1,707,001 | 2,501,909 |
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | -151,733 | -125,875 | -160,774 | -205,478 | 278,520 | -459,377 | -188,974 | -99,174 | -150,862 | -78,543 | -228,269 | -264,243 | -269,665 | -525,247 | -451,629 |
| Depreciation | 129,759 | 127,268 | 128,486 | 132,795 | 131,655 | 187,652 | 190,658 | 180,401 | 102,727 | 135,968 | 141,843 | 204,920 | 208,854 | 312,021 | 310,040 |
| Amortisation | |||||||||||||||
| Tax | -6,249 | -995 | -2,539 | -1,285 | -183 | -1,382 | -10,090 | -3,461 | -5,195 | -21,535 | |||||
| Stock | -35 | 35 | 4,258 | ||||||||||||
| Debtors | 18,905 | 120,654 | 207,070 | 23,594 | -67,572 | 19,514 | 522,344 | 20,799 | 176,704 | -2,367,850 | 59,109 | 2,328,447 | -18,051 | 82,057 | 200,853 |
| Creditors | 5,367 | 2,740 | 1,092 | 14,789 | -16,325 | -16,918 | 52,693 | 15,091 | 8,363 | 10,293 | 26,536 | -25,085 | -34,209 | 85,730 | |
| Accruals and Deferred Income | 150,093 | 190,947 | 12,633 | 84,871 | 54,701 | 320,694 | 1,604,411 | 193,371 | 54,913 | -22,066 | -54,746 | 62,430 | 801,555 | 189,053 | 310,296 |
| Deferred Taxes & Provisions | |||||||||||||||
| Cash flow from operations | 114,581 | 74,426 | -225,633 | 3,418 | 516,088 | 6,288 | 1,135,449 | 262,093 | -171,211 | 2,411,389 | -191,370 | -2,308,894 | 730,249 | -145,634 | 32,049 |
| Investing Activities | |||||||||||||||
| capital expenditure | -165 | -6,976 | 137,965 | 131,629 | -43,875 | -421 | -4,811 | -23,074 | -36,135 | ||||||
| Change in Investments | |||||||||||||||
| cash flow from investments | -165 | -6,976 | 137,965 | 131,629 | -43,875 | -421 | -4,811 | -23,074 | -36,135 | ||||||
| Financing Activities | |||||||||||||||
| Bank loans | 200 | 18,667 | 1,242 | 1,194 | -1,354,512 | 133,063 | 1,240,942 | 182,692 | 932,852 | ||||||
| Group/Directors Accounts | 1,761 | -2,395,076 | 42,741 | 2,352,335 | -594,376 | 264,376 | 330,000 | ||||||||
| Other Short Term Loans | |||||||||||||||
| Long term loans | -51,986 | -2,139 | -74,640 | -2,819 | 728,296 | -858,107 | -22,498 | 880,605 | |||||||
| Hire Purchase and Lease Commitments | |||||||||||||||
| other long term liabilities | |||||||||||||||
| share issue | |||||||||||||||
| interest | -20,548 | -28,455 | -14,819 | -24,967 | -20,038 | -30,697 | -31,595 | -17,362 | -40,572 | -342 | -52,763 | -56,539 | -41,033 | -57,253 | |
| cash flow from financing | -73,233 | -14,837 | 54,422 | -22,555 | -489,083 | 21,288 | 1,046,254 | 152,125 | 1,064,593 | -2,511,242 | 305,454 | 2,204,692 | -1,602,087 | 13,537 | 4,230,913 |
| cash and cash equivalents | |||||||||||||||
| cash | 67,515 | 1,613 | -18,720 | -30,060 | 52,206 | 71 | 212,180 | 59,359 | 4,429 | 68,246 | 60,406 | 15,125 | -14,466 | -60,905 | 87,602 |
| overdraft | -877,813 | 52,763 | 786,918 | -94,298 | 132,430 | ||||||||||
| change in cash | 67,515 | 1,613 | -18,720 | -30,060 | 52,206 | 71 | 212,180 | 59,359 | 882,242 | 68,246 | 60,406 | -37,638 | -801,384 | 33,393 | -44,828 |
hydra bay properties plc Credit Report and Business Information
Hydra Bay Properties Plc Competitor Analysis
Perform a competitor analysis for hydra bay properties plc by selecting its closest rivals, whether from the CONSTRUCTION sector, other micro companies, companies in N 8 area or any other competitors across 12 key performance metrics.
hydra bay properties plc Ownership
HYDRA BAY PROPERTIES PLC group structure
Hydra Bay Properties Plc has no subsidiary companies.
Ultimate parent company
HYDRA BAY PROPERTIES PLC
05105580
hydra bay properties plc directors
Hydra Bay Properties Plc currently has 2 directors. The longest serving directors include Mr Michael Sherley-Dale (May 2004) and Mr Christopher Lorenzo (May 2004).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Michael Sherley-Dale | United Kingdom | 71 years | May 2004 | - | Director |
| Mr Christopher Lorenzo | England | 69 years | May 2004 | - | Director |
P&L
March 2024turnover
17.2k
-68%
operating profit
-151.7k
+21%
gross margin
95.9%
-4.12%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2024net assets
-1.1m
+0.18%
total assets
2m
-0.03%
cash
284.8k
+0.31%
net assets
Total assets minus all liabilities
hydra bay properties plc company details
company number
05105580
Type
Public limited with Share Capital
industry
41100 - Development of building projects
68201 - Renting and operating of Housing Association real estate
68100 - Buying and selling of own real estate
incorporation date
April 2004
age
21
incorporated
UK
ultimate parent company
accounts
Group
last accounts submitted
March 2024
previous names
hydra bay properties limited (June 2004)
accountant
-
auditor
GREENBACK ALAN LLP
address
23 inderwick road, london, N8 9LB
Bank
THE ROYAL BANK OF SCOTLAND PLC, THE ROYAL BANK OF SCOTLAND PLC
Legal Advisor
-
hydra bay properties plc 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 hydra bay properties plc.
hydra bay properties plc Capital Raised & Share Issues BETA
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hydra bay properties plc Companies House Filings - See Documents
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