hanover residential ltd

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hanover residential ltd Company Information

Share HANOVER RESIDENTIAL LTD

Company Number

05997363

Shareholders

jason goldstone

hayley goldstone

Group Structure

View All

Industry

Real estate agencies

 

Registered Address

201 haverstock hill, london, NW3 4QG

hanover residential ltd Estimated Valuation

£1.2m

Pomanda estimates the enterprise value of HANOVER RESIDENTIAL LTD at £1.2m based on a Turnover of £630.8k and 1.86x industry multiple (adjusted for size and gross margin).

hanover residential ltd Estimated Valuation

£255.6k

Pomanda estimates the enterprise value of HANOVER RESIDENTIAL LTD at £255.6k based on an EBITDA of £42.3k and a 6.04x industry multiple (adjusted for size and gross margin).

hanover residential ltd Estimated Valuation

£1.9m

Pomanda estimates the enterprise value of HANOVER RESIDENTIAL LTD at £1.9m based on Net Assets of £986.8k and 1.94x industry multiple (adjusted for liquidity).

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Hanover Residential Ltd Overview

Hanover Residential Ltd is a live company located in london, NW3 4QG with a Companies House number of 05997363. It operates in the real estate agencies sector, SIC Code 68310. Founded in November 2006, it's largest shareholder is jason goldstone with a 60% stake. Hanover Residential Ltd is a established, small sized company, Pomanda has estimated its turnover at £630.8k with low growth in recent years.

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Hanover Residential Ltd Health Check

Pomanda's financial health check has awarded Hanover Residential Ltd a 4 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 4 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating4out of 5
positive_score

4 Strong

positive_score

3 Regular

positive_score

4 Weak

size

Size

annual sales of £630.8k, make it in line with the average company (£646.9k)

£630.8k - Hanover Residential Ltd

£646.9k - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 2%, show it is growing at a slower rate (6%)

2% - Hanover Residential Ltd

6% - Industry AVG

production

Production

with a gross margin of 84.8%, this company has a comparable cost of product (84.8%)

84.8% - Hanover Residential Ltd

84.8% - Industry AVG

profitability

Profitability

an operating margin of 3.9% make it less profitable than the average company (5%)

3.9% - Hanover Residential Ltd

5% - Industry AVG

employees

Employees

with 12 employees, this is below the industry average (16)

12 - Hanover Residential Ltd

16 - Industry AVG

paystructure

Pay Structure

on an average salary of £39.7k, the company has an equivalent pay structure (£39.7k)

£39.7k - Hanover Residential Ltd

£39.7k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £52.6k, this is less efficient (£81.1k)

£52.6k - Hanover Residential Ltd

£81.1k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 22 days, this is earlier than average (38 days)

22 days - Hanover Residential Ltd

38 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 119 days, this is slower than average (45 days)

119 days - Hanover Residential Ltd

45 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Hanover Residential Ltd

- - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 298 weeks, this is more cash available to meet short term requirements (27 weeks)

298 weeks - Hanover Residential Ltd

27 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 14.5%, this is a lower level of debt than the average (56.9%)

14.5% - Hanover Residential Ltd

56.9% - Industry AVG

HANOVER RESIDENTIAL LTD financials

EXPORTms excel logo

Hanover Residential Ltd's latest turnover from December 2024 is estimated at £630.8 thousand and the company has net assets of £986.8 thousand. According to their latest financial statements, Hanover Residential Ltd has 12 employees and maintains cash reserves of £959.3 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Dec 2024Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Turnover630,832710,728560,850588,990620,663761,496616,924583,014647,8873,425,6991,886,0791,774,9102,520,650702,1741,345,331
Other Income Or Grants
Cost Of Sales95,757113,62764,47549,88565,891115,93679,49057,85776,671454,610261,080305,305526,539150,277302,058
Gross Profit535,075597,102496,375539,106554,772645,560537,435525,158571,2162,971,0891,624,9991,469,6061,994,111551,8971,043,273
Admin Expenses510,450711,583315,953525,523261,939578,723438,620196,736598,4762,998,2551,682,7791,595,3361,849,102587,521945,633-339,511
Operating Profit24,625-114,481180,42213,583292,83366,83798,815328,422-27,260-27,166-57,780-125,730145,009-35,62497,640339,511
Interest Payable
Interest Receivable47,59254,52433,6962,0647033,8343,3702,1841,0201,4541,0441,3381,6841,7161,499632
Pre-Tax Profit72,217-59,957214,11915,647293,53670,670102,185330,606-26,240-25,712-56,736-124,392146,693-33,90899,139340,143
Tax-18,054-40,683-2,973-55,772-13,427-19,415-62,815-35,206-27,759-95,240
Profit After Tax54,163-59,957173,43612,674237,76457,24382,770267,791-26,240-25,712-56,736-124,392111,487-33,90871,380244,903
Dividends Paid
Retained Profit54,163-59,957173,43612,674237,76457,24382,770267,791-26,240-25,712-56,736-124,392111,487-33,90871,380244,903
Employee Costs476,857484,675489,167489,167515,897531,243355,576250,961294,4001,696,345983,123914,0321,270,006379,385740,593
Number Of Employees121212121313978452626401221
EBITDA*42,289-100,270196,71229,255306,81769,04899,741328,739-27,260-17,071-43,272-111,222159,175-25,833105,804345,742

* Earnings Before Interest, Tax, Depreciation and Amortisation

Dec 2024Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Tangible Assets75,53786,88499,709110,834118,55573,59969,38367,26766,00366,00376,09890,606103,41017,31422,22215,897
Intangible Assets
Investments & Other111111
Debtors (Due After 1 year)
Total Fixed Assets75,54886,89599,720110,834118,55573,59969,38367,26766,00366,00376,09890,606103,41017,31422,22215,897
Stock & work in progress
Trade Debtors38,80644,49410,78528,80230,69949,97352,32762,63959,465244,187158,074155,850219,00061,327111,305125,618
Group Debtors
Misc Debtors80,0008001,9529,2665205,9323301,1192,908
Cash959,310944,3801,132,715792,779858,665546,653475,637423,059450,600365,140216,351201,130334,247339,470346,878252,734
misc current assets
total current assets1,078,116989,6741,145,452830,847889,884602,558528,294486,817512,973609,327374,425356,980553,247400,797458,183378,352
total assets1,153,6641,076,5691,245,172941,6811,008,439676,157597,677554,084578,976675,330450,523447,586656,657418,111480,405394,249
Bank overdraft
Bank loan
Trade Creditors 31,47216,37888,50325,62239,71812,679237,689178,016262,695135,636164,022149,246
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities135,426127,588164,10996,935162,27194,79286,234125,411418,094488,208
total current liabilities166,898143,966252,612122,557201,989107,47186,234125,411418,094488,208237,689178,016262,695135,636164,022149,246
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
total long term liabilities
total liabilities166,898143,966252,612122,557201,989107,47186,234125,411418,094488,208237,689178,016262,695135,636164,022149,246
net assets986,766932,603992,560819,124806,450568,686511,443428,673160,882187,122212,834269,570393,962282,475316,383245,003
total shareholders funds986,766932,603992,560819,124806,450568,686511,443428,673160,882187,122212,834269,570393,962282,475316,383245,003
Dec 2024Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Operating Activities
Operating Profit24,625-114,481180,42213,583292,83366,83798,815328,422-27,260-27,166-57,780-125,730145,009-35,62497,640339,511
Depreciation17,66414,21116,29015,67213,9842,21192631710,09514,50814,50814,1669,7918,1646,231
Amortisation
Tax-18,054-40,683-2,973-55,772-13,427-19,415-62,815-35,206-27,759-95,240
Stock
Debtors73,51232,557-25,3316,849-24,6863,248-11,1011,385-181,81486,1132,224-63,150157,673-49,978-14,313125,618
Creditors15,094-72,12562,881-14,09627,03912,679-237,68959,673-84,679127,059-28,38614,776149,246
Accruals and Deferred Income7,838-36,52167,174-65,33667,4798,558-39,177-292,683-70,114488,208
Deferred Taxes & Provisions
Cash flow from operations-26,345-241,473311,415-59,999370,24973,61052,250-28,14484,440147,33514,177-132,75193,355-4,241107,134274,130
Investing Activities
capital expenditure-6,317-1,386-5,165-7,951-58,940-6,427-3,042-1,581-1,704-100,262-4,883-14,489-22,128
Change in Investments11
cash flow from investments-6,317-1,386-5,176-7,951-58,940-6,427-3,042-1,581-1,704-100,262-4,883-14,489-22,128
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
share issue100
interest47,59254,52433,6962,0647033,8343,3702,1841,0201,4541,0441,3381,6841,7161,499632
cash flow from financing47,59254,52433,6962,0647033,8343,3702,1841,0201,4541,0441,3381,6841,7161,499732
cash and cash equivalents
cash14,930-188,335339,936-65,886312,01271,01652,578-27,54185,460148,78915,221-133,117-5,223-7,40894,144252,734
overdraft
change in cash14,930-188,335339,936-65,886312,01271,01652,578-27,54185,460148,78915,221-133,117-5,223-7,40894,144252,734

hanover residential ltd 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 Residential Ltd Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for hanover residential ltd by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other small companies, companies in NW3 area or any other competitors across 12 key performance metrics.

hanover residential ltd Ownership

HANOVER RESIDENTIAL LTD group structure

Hanover Residential Ltd has no subsidiary companies.

Ultimate parent company

HANOVER RESIDENTIAL LTD

05997363

HANOVER RESIDENTIAL LTD Shareholders

jason goldstone 60%
hayley goldstone 40%

hanover residential ltd directors

Hanover Residential Ltd currently has 1 director, Mr Jason Goldstone serving since Nov 2006.

officercountryagestartendrole
Mr Jason Goldstone49 years Nov 2006- Director

P&L

December 2024

turnover

630.8k

-11%

operating profit

24.6k

0%

gross margin

84.9%

+0.96%

turnover

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

Balance Sheet

December 2024

net assets

986.8k

+0.06%

total assets

1.2m

+0.07%

cash

959.3k

+0.02%

net assets

Total assets minus all liabilities

hanover residential ltd company details

company number

05997363

Type

Private limited with Share Capital

industry

68310 - Real estate agencies

incorporation date

November 2006

age

19

incorporated

UK

ultimate parent company

None

accounts

Total Exemption Full

last accounts submitted

December 2024

previous names

N/A

accountant

AEL MARKHAMS LTD

auditor

-

address

201 haverstock hill, london, NW3 4QG

Bank

-

Legal Advisor

-

hanover residential ltd 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 hanover residential ltd.

hanover residential ltd 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.

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hanover residential ltd Companies House Filings - See Documents

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