ly hong t/a haico foods limitedEstimated Valuation
£155k
Pomanda estimates the enterprise value of LY HONG T/A HAICO FOODS LIMITED at £155k based on a Turnover of £595.8k and 0.26x industry multiple (adjusted for size and gross margin).
ly hong t/a haico foods limitedEstimated Valuation
£12.1k
Pomanda estimates the enterprise value of LY HONG T/A HAICO FOODS LIMITED at £12.1k based on an EBITDA of £3.6k and a 3.37x industry multiple (adjusted for size and gross margin).
ly hong t/a haico foods limitedEstimated Valuation
£61.8k
Pomanda estimates the enterprise value of LY HONG T/A HAICO FOODS LIMITED at £61.8k based on Net Assets of £29.3k and 2.11x industry multiple (adjusted for liquidity).
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Ly Hong T/a Haico Foods LimitedOverview
Ly Hong T/a Haico Foods Limited is a live company located in london, WC2H 9JQ with a Companies House number of 06357073. It operates in the wholesale of fruit and vegetables sector, SIC Code 46310. Founded in August 2007, it's largest shareholder is
ly cong hai
with a 100% stake. Ly Hong T/a Haico Foods Limited is a established,
small sized company, Pomanda has estimated its turnover at
£595.8k with
declining
growth in recent years.
Pomanda's financial health check has awarded Ly Hong T/A Haico Foods Limited a 2 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 6 areas for improvement. Company Health Check FAQs
Health Rating2out of 5
1 Strong
4 Regular
6 Weak
Size
annual sales of £595.8k, make it smaller than the average company (£25.2m)
£595.8k - Ly Hong T/a Haico Foods Limited
£25.2m - Industry AVG
Growth
3 year (CAGR) sales growth of -12%, show it is growing at a slower rate (8%)
-12% - Ly Hong T/a Haico Foods Limited
8% - Industry AVG
Production
with a gross margin of 13%, this company has a comparable cost of product (13%)
13% - Ly Hong T/a Haico Foods Limited
13% - Industry AVG
Profitability
an operating margin of 0.6% make it less profitable than the average company (2.7%)
0.6% - Ly Hong T/a Haico Foods Limited
2.7% - Industry AVG
Employees
with 2 employees, this is below the industry average (41)
2 - Ly Hong T/a Haico Foods Limited
41 - Industry AVG
Pay Structure
on an average salary of £38.5k, the company has an equivalent pay structure (£38.5k)
£38.5k - Ly Hong T/a Haico Foods Limited
£38.5k - Industry AVG
Efficiency
resulting in sales per employee of £297.9k, this is less efficient (£580.5k)
£297.9k - Ly Hong T/a Haico Foods Limited
£580.5k - Industry AVG
Debtor Days
it gets paid by customers after 28 days, this is earlier than average (37 days)
28 days - Ly Hong T/a Haico Foods Limited
37 days - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- - Ly Hong T/a Haico Foods Limited
- - Industry AVG
Stock Days
it holds stock equivalent to 20 days, this is in line with average (24 days)
20 days - Ly Hong T/a Haico Foods Limited
24 days - Industry AVG
Cash Balance
has cash to cover current liabilities
for 3 weeks, this is less cash available to meet short term requirements (9 weeks)
3 weeks - Ly Hong T/a Haico Foods Limited
9 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 63.2%, this is a similar level of debt than the average (60.3%)
63.2% - Ly Hong T/a Haico Foods Limited
60.3% - Industry AVG
LY HONG T/A HAICO FOODS LIMITED financials
EXPORT
Ly Hong T/A Haico Foods Limited's latest turnover from August 2023 is estimated at £595.8 thousand and the company has net assets of £29.3 thousand. According to their latest financial statements, Ly Hong T/A Haico Foods Limited has 2 employees and maintains cash reserves of £3.6 thousand as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Aug 2023
Aug 2022
Aug 2021
Aug 2020
Aug 2018
Aug 2017
Aug 2016
Aug 2015
Aug 2014
Aug 2013
Aug 2012
Aug 2011
Aug 2010
Aug 2009
Turnover
595,830
729,462
491,302
875,822
2,787,182
2,065,806
1,722,769
1,535,920
1,309,592
1,613,791
1,654,783
1,304,386
463,230
Other Income Or Grants
Cost Of Sales
518,523
630,818
427,401
761,332
2,432,961
1,792,209
1,487,096
1,344,392
1,146,390
1,405,528
1,440,906
1,130,195
406,609
Gross Profit
77,307
98,644
63,901
114,490
354,221
273,597
235,673
191,528
163,202
208,263
213,877
174,191
56,621
Admin Expenses
73,708
92,096
100,332
26,075
325,386
226,644
186,980
184,427
161,706
244,561
282,479
153,573
2,554
-55,596
Operating Profit
3,599
6,548
-36,431
88,415
28,835
46,953
48,693
7,101
1,496
-36,298
-68,602
20,618
54,067
55,596
Interest Payable
5,662
4,685
4,636
2,646
Interest Receivable
356
114
8
6
19
41
91
163
130
36
Pre-Tax Profit
-1,707
1,977
-41,059
85,775
28,835
46,953
48,693
7,101
1,515
-36,257
-68,511
20,781
54,197
55,632
Tax
-376
-16,297
-5,479
-8,921
-9,738
-1,420
-318
-5,403
-15,175
-15,577
Profit After Tax
-1,707
1,601
-41,059
69,478
23,356
38,032
38,954
5,681
1,197
-36,257
-68,511
15,378
39,022
40,055
Dividends Paid
Retained Profit
-1,707
1,601
-41,059
69,478
23,356
38,032
38,954
5,681
1,197
-36,257
-68,511
15,378
39,022
40,055
Employee Costs
77,058
108,916
105,840
105,653
231,686
151,231
117,770
117,433
84,724
113,480
115,905
88,657
29,611
Number Of Employees
2
3
3
3
7
5
4
4
3
4
4
3
1
EBITDA*
3,599
15,148
-17,355
96,035
28,835
46,953
55,918
15,681
11,611
-23,412
-55,983
35,040
60,706
56,875
* Earnings Before Interest, Tax, Depreciation and Amortisation
Aug 2023
Aug 2022
Aug 2021
Aug 2020
Aug 2018
Aug 2017
Aug 2016
Aug 2015
Aug 2014
Aug 2013
Aug 2012
Aug 2011
Aug 2010
Aug 2009
Tangible Assets
10,476
43,571
50,628
16,876
20,940
25,544
33,859
33,059
43,263
19,919
3,835
Intangible Assets
8,600
17,200
30,400
32,000
33,600
35,200
36,800
38,400
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
8,600
27,676
43,571
50,628
47,276
52,940
59,144
69,059
69,859
81,663
19,919
3,835
Stock & work in progress
28,840
30,984
28,807
30,021
82,867
70,332
75,384
98,961
86,537
77,633
10,614
8,249
Trade Debtors
45,825
51,573
62,138
132,750
324,530
242,228
140,812
99,160
64,496
75,611
99,066
89,533
59,178
44,034
Group Debtors
Misc Debtors
1,385
1,385
1,385
1,385
Cash
3,596
9,971
3,080
12,681
3
79
7,629
8,944
27,512
37,682
14,210
misc current assets
total current assets
79,646
93,913
95,410
176,837
324,530
242,228
223,679
169,495
139,959
182,201
194,547
194,678
107,474
66,493
total assets
79,646
93,913
104,010
204,513
368,101
292,856
270,955
222,435
199,103
251,260
264,406
276,341
127,393
70,328
Bank overdraft
44,987
55,672
65,242
86,750
Bank loan
Trade Creditors
2,898
43,314
271,194
219,305
234,436
224,870
207,219
260,573
237,462
180,886
47,316
29,273
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
5,346
7,221
6,451
3,971
total current liabilities
50,333
62,893
74,591
134,035
271,194
219,305
234,436
224,870
207,219
260,573
237,462
180,886
47,316
29,273
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
total long term liabilities
total liabilities
50,333
62,893
74,591
134,035
271,194
219,305
234,436
224,870
207,219
260,573
237,462
180,886
47,316
29,273
net assets
29,313
31,020
29,419
70,478
96,907
73,551
36,519
-2,435
-8,116
-9,313
26,944
95,455
80,077
41,055
total shareholders funds
29,313
31,020
29,419
70,478
96,907
73,551
36,519
-2,435
-8,116
-9,313
26,944
95,455
80,077
41,055
Aug 2023
Aug 2022
Aug 2021
Aug 2020
Aug 2018
Aug 2017
Aug 2016
Aug 2015
Aug 2014
Aug 2013
Aug 2012
Aug 2011
Aug 2010
Aug 2009
Operating Activities
Operating Profit
3,599
6,548
-36,431
88,415
28,835
46,953
48,693
7,101
1,496
-36,298
-68,602
20,618
54,067
55,596
Depreciation
10,476
2,620
5,625
6,980
8,515
11,286
11,019
14,422
6,639
1,279
Amortisation
8,600
8,600
5,000
1,600
1,600
1,600
1,600
1,600
Tax
-376
-16,297
-5,479
-8,921
-9,738
-1,420
-318
-5,403
-15,175
-15,577
Stock
-2,144
2,177
-1,214
30,021
-82,867
12,535
-5,052
-23,577
12,424
8,904
67,019
2,365
8,249
Debtors
-5,748
-10,565
-70,612
134,135
82,302
101,416
41,652
34,664
-11,115
-23,455
9,533
30,355
15,144
44,034
Creditors
-2,898
-40,416
43,314
51,889
-15,131
9,566
17,651
-53,354
23,111
56,576
133,570
18,043
29,273
Accruals and Deferred Income
-1,875
770
2,480
3,971
Deferred Taxes & Provisions
Cash flow from operations
9,616
21,032
16,535
-37,133
-7,057
4,352
1,559
2,300
-7,369
10,730
-17,844
65,833
46,065
18,288
Investing Activities
capital expenditure
-35,296
7,057
-3,352
-1,561
-2,376
-200
-12,086
-815
-76,166
-22,723
-5,114
Change in Investments
cash flow from investments
-35,296
7,057
-3,352
-1,561
-2,376
-200
-12,086
-815
-76,166
-22,723
-5,114
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
share issue
1,000
-1,000
1,000
interest
-5,306
-4,571
-4,628
-2,640
19
41
91
163
130
36
cash flow from financing
-5,306
-4,571
-4,628
-1,640
-1,000
19
41
91
163
130
1,036
cash and cash equivalents
cash
-6,375
6,891
-9,601
12,681
-3
-76
-7,550
-1,315
-18,568
-10,170
23,472
14,210
overdraft
-10,685
-9,570
-21,508
86,750
change in cash
4,310
16,461
11,907
-74,069
-3
-76
-7,550
-1,315
-18,568
-10,170
23,472
14,210
ly hong t/a haico foods 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 ly hong t/a haico foods limited. Get real-time insights into ly hong t/a haico foods limited's credit score, group structure and payment trends.
Ly Hong T/a Haico Foods Limited Competitor Analysis
Perform a competitor analysis for ly hong t/a haico foods limited by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other small companies, companies in WC2H area or any other competitors across 12 key performance metrics.
ly hong t/a haico foods limited Ownership
LY HONG T/A HAICO FOODS LIMITED group structure
Ly Hong T/A Haico Foods Limited has no subsidiary companies.
Ultimate parent company
LY HONG T/A HAICO FOODS LIMITED
06357073
LY HONG T/A HAICO FOODS LIMITED Shareholders
The sole shareholder of Ly Hong T/A Haico Foods Limited is Ly Cong Hai.
ly cong hai
100%
ly hong t/a haico foods limited directors
Ly Hong T/A Haico Foods Limited currently has 1 director, Mr Andy Ly serving since Aug 2007.
ly hong t/a haico foods 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 ly hong t/a haico foods limited.
ly hong t/a haico foods 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.
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ly hong t/a haico foods limitedCompanies House Filings - See Documents
