harmony united limited
harmony united limited Company Information
Company Number
05171557
Website
www.harmonyunited.comRegistered Address
3 landmark house, wirral park road, glastonbury, somerset, BA6 9FR
Industry
Other manufacturing n.e.c.
Telephone
02032866936
Next Accounts Due
April 2025
Group Structure
View All
Shareholders
joachim wagner 49.9%
karma singh 49.9%
View Allharmony united limited Estimated Valuation
Pomanda estimates the enterprise value of HARMONY UNITED LIMITED at £8.2k based on a Turnover of £16.9k and 0.49x industry multiple (adjusted for size and gross margin).
harmony united limited Estimated Valuation
Pomanda estimates the enterprise value of HARMONY UNITED LIMITED at £0 based on an EBITDA of £-41.2k and a 3.5x industry multiple (adjusted for size and gross margin).
harmony united limited Estimated Valuation
Pomanda estimates the enterprise value of HARMONY UNITED LIMITED at £0 based on Net Assets of £-8.4k and 1.84x industry multiple (adjusted for liquidity).
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Harmony United Limited Overview
Harmony United Limited is a live company located in glastonbury, BA6 9FR with a Companies House number of 05171557. It operates in the other manufacturing n.e.c. sector, SIC Code 32990. Founded in July 2004, it's largest shareholder is joachim wagner with a 49.9% stake. Harmony United Limited is a mature, micro sized company, Pomanda has estimated its turnover at £16.9k with declining growth in recent years.
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Harmony United Limited Health Check
Pomanda's financial health check has awarded Harmony United Limited a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 7 areas for improvement. Company Health Check FAQs
2 Strong
1 Regular
7 Weak
Size
annual sales of £16.9k, make it smaller than the average company (£13.4m)
- Harmony United Limited
£13.4m - Industry AVG
Growth
3 year (CAGR) sales growth of -61%, show it is growing at a slower rate (4.6%)
- Harmony United Limited
4.6% - Industry AVG
Production
with a gross margin of 20.2%, this company has a higher cost of product (29.4%)
- Harmony United Limited
29.4% - Industry AVG
Profitability
an operating margin of -244.3% make it less profitable than the average company (6.2%)
- Harmony United Limited
6.2% - Industry AVG
Employees
with 1 employees, this is below the industry average (73)
- Harmony United Limited
73 - Industry AVG
Pay Structure
on an average salary of £40.5k, the company has an equivalent pay structure (£40.5k)
- Harmony United Limited
£40.5k - Industry AVG
Efficiency
resulting in sales per employee of £16.9k, this is less efficient (£174.2k)
- Harmony United Limited
£174.2k - Industry AVG
Debtor Days
it gets paid by customers after 29 days, this is earlier than average (56 days)
- Harmony United Limited
56 days - Industry AVG
Creditor Days
its suppliers are paid after 228 days, this is slower than average (44 days)
- Harmony United Limited
44 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Harmony United Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Harmony United Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 709.9%, this is a higher level of debt than the average (50%)
709.9% - Harmony United Limited
50% - Industry AVG
HARMONY UNITED LIMITED financials
Harmony United Limited's latest turnover from July 2023 is estimated at £16.9 thousand and the company has net assets of -£8.4 thousand. According to their latest financial statements, we estimate that Harmony United Limited has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jul 2023 | Jul 2022 | Jul 2021 | Jul 2020 | Jul 2019 | Jul 2018 | Jul 2017 | Jul 2016 | Jul 2015 | Jul 2014 | Jul 2013 | Jul 2012 | Jul 2011 | Jul 2010 | Jul 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 147,062 | ||||||||||||||
| 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 | 1 | 1 | 1 | 1 | |||||||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jul 2023 | Jul 2022 | Jul 2021 | Jul 2020 | Jul 2019 | Jul 2018 | Jul 2017 | Jul 2016 | Jul 2015 | Jul 2014 | Jul 2013 | Jul 2012 | Jul 2011 | Jul 2010 | Jul 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 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 | 0 |
| Total Fixed Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 1,378 | 41,089 | 72,953 | 113,986 | 119,999 | 32,332 | 30,932 | 0 | 10,995 | 29,395 | 35,904 | 53,673 | 0 | 0 | 0 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 28,782 | 27,663 | 39,040 | 53,082 | 106,401 | 207,926 | 49,514 | 43,905 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 1,378 | 41,089 | 72,953 | 113,986 | 119,999 | 32,332 | 30,932 | 28,782 | 38,658 | 68,435 | 88,986 | 160,074 | 207,926 | 49,514 | 43,905 |
| total assets | 1,378 | 41,089 | 72,953 | 113,986 | 119,999 | 32,332 | 30,932 | 28,782 | 38,658 | 68,435 | 88,986 | 160,074 | 207,926 | 49,514 | 43,905 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 8,412 | 7,164 | 7,909 | 9,269 | 22,470 | 55 | 1,500 | 1,500 | 1,500 | 1,621 | 6,660 | 43,389 | 58,584 | 968 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 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 | 0 |
| other current liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 8,412 | 7,164 | 7,909 | 9,269 | 22,470 | 55 | 1,500 | 1,500 | 1,500 | 1,621 | 6,660 | 43,389 | 58,584 | 968 | 0 |
| loans | 0 | 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 | 0 |
| Accruals and Deferred Income | 1,370 | 1,160 | 1,000 | 1,000 | 2,610 | 2,610 | 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 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 1,370 | 1,160 | 1,000 | 1,000 | 2,610 | 2,610 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 9,782 | 8,324 | 8,909 | 10,269 | 25,080 | 2,665 | 1,500 | 1,500 | 1,500 | 1,621 | 6,660 | 43,389 | 58,584 | 968 | 0 |
| net assets | -8,404 | 32,765 | 64,044 | 103,717 | 94,919 | 29,667 | 29,432 | 27,282 | 37,158 | 66,814 | 82,326 | 116,685 | 149,342 | 48,546 | 43,905 |
| total shareholders funds | -8,404 | 32,765 | 64,044 | 103,717 | 94,919 | 29,667 | 29,432 | 27,282 | 37,158 | 66,814 | 82,326 | 116,685 | 149,342 | 48,546 | 43,905 |
| Jul 2023 | Jul 2022 | Jul 2021 | Jul 2020 | Jul 2019 | Jul 2018 | Jul 2017 | Jul 2016 | Jul 2015 | Jul 2014 | Jul 2013 | Jul 2012 | Jul 2011 | Jul 2010 | Jul 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | |||||||||||||||
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | |||||||||||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | -39,711 | -31,864 | -41,033 | -6,013 | 87,667 | 1,400 | 30,932 | -10,995 | -18,400 | -6,509 | -17,769 | 53,673 | 0 | 0 | 0 |
| Creditors | 1,248 | -745 | -1,360 | -13,201 | 22,415 | -1,445 | 0 | 0 | -121 | -5,039 | -36,729 | -15,195 | 57,616 | 968 | 0 |
| Accruals and Deferred Income | 210 | 160 | 0 | -1,610 | 0 | 2,610 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 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 | 0 |
| cash flow from investments | |||||||||||||||
| Financing Activities | |||||||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 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 | 0 |
| Hire Purchase and Lease Commitments | 0 | 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 | 0 |
| share issue | |||||||||||||||
| interest | |||||||||||||||
| cash flow from financing | |||||||||||||||
| cash and cash equivalents | |||||||||||||||
| cash | 0 | 0 | 0 | 0 | 0 | 0 | -28,782 | 1,119 | -11,377 | -14,042 | -53,319 | -101,525 | 158,412 | 5,609 | 43,905 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 0 | 0 | 0 | 0 | 0 | 0 | -28,782 | 1,119 | -11,377 | -14,042 | -53,319 | -101,525 | 158,412 | 5,609 | 43,905 |
harmony united limited Credit Report and Business Information
Harmony United Limited Competitor Analysis
Perform a competitor analysis for harmony united limited by selecting its closest rivals, whether from the MANUFACTURING sector, other micro companies, companies in BA6 area or any other competitors across 12 key performance metrics.
harmony united limited Ownership
HARMONY UNITED LIMITED group structure
Harmony United Limited has no subsidiary companies.
Ultimate parent company
HARMONY UNITED LIMITED
05171557
harmony united limited directors
Harmony United Limited currently has 2 directors. The longest serving directors include Karma Singh (Jul 2004) and Mr Joachim Wagner (Jul 2004).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Karma Singh | United Kingdom | 74 years | Jul 2004 | - | Director |
| Mr Joachim Wagner | Germany | 62 years | Jul 2004 | - | Director |
P&L
July 2023turnover
16.9k
-86%
operating profit
-41.2k
0%
gross margin
20.2%
+1.37%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
July 2023net assets
-8.4k
-1.26%
total assets
1.4k
-0.97%
cash
0
0%
net assets
Total assets minus all liabilities
harmony united limited company details
company number
05171557
Type
Private limited with Share Capital
industry
32990 - Other manufacturing n.e.c.
incorporation date
July 2004
age
20
incorporated
UK
accounts
Micro-Entity Accounts
ultimate parent company
previous names
N/A
last accounts submitted
July 2023
address
3 landmark house, wirral park road, glastonbury, somerset, BA6 9FR
accountant
-
auditor
-
harmony united 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 harmony united limited.
harmony united limited Companies House Filings - See Documents
| date | description | view/download |
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