hazev limited

Live EstablishedMidHigh

hazev limited Company Information

Share HAZEV LIMITED

Company Number

06626824

Shareholders

c a a restaurants ltd

tas (london) ltd

Group Structure

View All

Industry

Hotels and similar accommodation

 +2

Registered Address

11 selsdon way, london, E14 9GL

hazev limited Estimated Valuation

£6m

Pomanda estimates the enterprise value of HAZEV LIMITED at £6m based on a Turnover of £8.7m and 0.69x industry multiple (adjusted for size and gross margin).

hazev limited Estimated Valuation

£0

Pomanda estimates the enterprise value of HAZEV LIMITED at £0 based on an EBITDA of £-977.1k and a 3.92x industry multiple (adjusted for size and gross margin).

hazev limited Estimated Valuation

£0

Pomanda estimates the enterprise value of HAZEV LIMITED at £0 based on Net Assets of £-6.3m and 2.16x industry multiple (adjusted for liquidity).

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Hazev Limited Overview

Hazev Limited is a live company located in london, E14 9GL with a Companies House number of 06626824. It operates in the construction of commercial buildings sector, SIC Code 41201. Founded in June 2008, it's largest shareholder is c a a restaurants ltd with a 50% stake. Hazev Limited is a established, mid sized company, Pomanda has estimated its turnover at £8.7m with high growth in recent years.

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Hazev Limited Health Check

Pomanda's financial health check has awarded Hazev Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 3 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating3.5out of 5
positive_score

4 Strong

positive_score

3 Regular

positive_score

3 Weak

size

Size

annual sales of £8.7m, make it larger than the average company (£6.2m)

£8.7m - Hazev Limited

£6.2m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 30%, show it is growing at a faster rate (20.4%)

30% - Hazev Limited

20.4% - Industry AVG

production

Production

with a gross margin of 29.9%, this company has a higher cost of product (46.1%)

29.9% - Hazev Limited

46.1% - Industry AVG

profitability

Profitability

an operating margin of -11.3% make it less profitable than the average company (5.3%)

-11.3% - Hazev Limited

5.3% - Industry AVG

employees

Employees

with 48 employees, this is similar to the industry average (52)

48 - Hazev Limited

52 - Industry AVG

paystructure

Pay Structure

on an average salary of £33k, the company has an equivalent pay structure (£33k)

£33k - Hazev Limited

£33k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £180.6k, this is more efficient (£157k)

£180.6k - Hazev Limited

£157k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 20 days, this is near the average (19 days)

20 days - Hazev Limited

19 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 469 days, this is slower than average (42 days)

469 days - Hazev Limited

42 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Hazev Limited

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - Hazev Limited

- - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 141.4%, this is a higher level of debt than the average (74.4%)

141.4% - Hazev Limited

74.4% - Industry AVG

HAZEV LIMITED financials

EXPORTms excel logo

Hazev Limited's latest turnover from March 2024 is estimated at £8.7 million and the company has net assets of -£6.3 million. According to their latest financial statements, Hazev Limited has 48 employees and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Turnover8,669,4039,994,6024,630,3943,967,2269,745,30414,046,5322,397,8052,642,5492,805,1828,494,1187,621,8294,530,7713,787,6262,843,474742,939
Other Income Or Grants
Cost Of Sales6,078,2957,069,2933,436,3023,128,1696,841,0519,808,139604,614564,048633,6135,950,5345,413,2183,253,4432,701,867804,599193,702
Gross Profit2,591,1082,925,3091,194,092839,0572,904,2534,238,3931,793,1912,078,5012,171,5692,543,5842,208,6111,277,3291,085,7592,038,875549,237
Admin Expenses3,568,2393,943,7041,893,959980,6723,621,0574,499,7832,057,3301,862,4691,869,4222,425,6231,891,172888,955814,7931,699,494729,545
Operating Profit-977,131-1,018,395-699,867-141,615-716,804-261,390-264,139216,032302,147117,961317,439388,374270,966339,381-180,308
Interest Payable779,686910,138611,296252,809281,139211,761212,222291,12671,71432,67518,344
Interest Receivable249512226660851760188
Pre-Tax Profit-977,131-1,797,832-1,609,954-752,910-969,611-542,263-475,9003,81011,021118,570317,956388,434199,439306,706-198,652
Tax18,266-21,660-16,236-24,900-73,130-93,224-51,854-38,647
Profit After Tax-977,131-1,797,832-1,609,954-752,910-969,611-542,263-457,634-17,850-5,21593,670244,826295,210147,585268,059-198,652
Dividends Paid
Retained Profit-977,131-1,797,832-1,609,954-752,910-969,611-542,263-457,634-17,850-5,21593,670244,826295,210147,585268,059-198,652
Employee Costs1,583,7781,455,833682,562643,7701,330,6643,792,608661,086717,107737,0462,210,5071,971,8791,183,365982,422742,364197,110
Number Of Employees484623234613424272990835143339
EBITDA*-977,131-602,683-337,561138,388-513,556-57,198-88,325399,233470,104348,869512,824596,499495,358571,379-30,252

* Earnings Before Interest, Tax, Depreciation and Amortisation

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Tangible Assets14,829,90815,331,46015,096,94613,271,91611,790,36610,678,1227,464,7757,005,2626,516,2516,220,5503,180,3003,273,4352,495,8622,549,017917,145
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets14,829,90815,331,46015,096,94613,271,91611,790,36610,678,1227,464,7757,005,2626,516,2516,220,5503,180,3003,273,4352,495,8622,549,017917,145
Stock & work in progress31,17017,82034,850176,420167,235222,673208,249175,84246,626204,03147,91941,76548,620
Trade Debtors486,6711,169,569806,054771,0251,288,5181,908,54427,99326,39116,9531,491,9261,481,694698,508570,21039,01922,807
Group Debtors1,410,9801,317,4211,331,625
Misc Debtors262,904474,300611,407287,187197,794
Cash11,6991,9731,2032,21568,73167,62167,17951,437191,86014,7679,24665,8612,960
misc current assets18,223
total current assets486,6711,169,569848,923809,0411,324,5712,087,1791,937,8432,108,4062,235,4131,719,2051,720,180917,306627,375433,832272,181
total assets15,316,57916,501,02915,945,86914,080,95713,114,93712,765,3019,402,6189,113,6688,751,6647,939,7554,900,4804,190,7413,123,2372,982,8491,189,326
Bank overdraft1,494,4761,980,1581,029,7961,065,796438,860299,648
Bank loan
Trade Creditors 7,820,2087,515,4874,240,0991,721,1806,026,1155,769,329464,789750,217635,6881,668,212927,9781,185,3571,232,619633,865245,167
Group/Directors Accounts1,992,661
other short term finances
hp & lease commitments
other current liabilities566,347286,541140,915107,702131,11036,462
total current liabilities7,820,2087,515,4874,240,0995,774,6646,026,1155,769,3292,731,4881,920,9281,809,1861,668,212927,9781,185,3571,232,6191,203,835581,277
loans15,213,38710,259,2028,288,8216,349,8936,413,8696,149,1511,767,731864,825
hp & lease commitments
Accruals and Deferred Income
other liabilities13,760,87514,229,0727,226,3605,478,9693,273,5982,504,7331,694,539
provisions73,324117,16755,2469,3629,3625,96846,57337,211
total long term liabilities13,834,19914,346,23915,268,63310,259,2028,288,8217,226,3606,359,2556,423,2316,155,1195,478,9693,273,5982,551,3061,731,7501,767,731864,825
total liabilities21,654,40721,861,72619,508,73216,033,86614,314,93612,995,6899,090,7438,344,1597,964,3057,147,1814,201,5763,736,6632,964,3692,971,5661,446,102
net assets-6,337,828-5,360,697-3,562,863-1,952,909-1,199,999-230,388311,875769,509787,359792,574698,904454,078158,86811,283-256,776
total shareholders funds-6,337,828-5,360,697-3,562,863-1,952,909-1,199,999-230,388311,875769,509787,359792,574698,904454,078158,86811,283-256,776
Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Operating Activities
Operating Profit-977,131-1,018,395-699,867-141,615-716,804-261,390-264,139216,032302,147117,961317,439388,374270,966339,381-180,308
Depreciation415,712362,306280,003203,248204,192175,814183,201167,957230,908195,385208,125224,392231,998150,056
Amortisation
Tax18,266-21,660-16,236-24,900-73,130-93,224-51,854-38,647
Stock-31,17013,350-17,030-141,5709,185-55,43814,42432,407129,216-157,405156,1126,154-6,85548,620
Debtors-682,898363,51535,029-517,493-620,026206,667-116,235-141,873468,05910,232783,186128,298244,004105,605220,601
Creditors304,7213,275,3882,518,919-4,304,935256,7865,304,540-285,428114,529-1,032,524740,234-257,379-47,262598,754388,698245,167
Accruals and Deferred Income-566,347566,347-286,541145,62633,213107,702-131,11094,64836,462
Deferred Taxes & Provisions-43,84361,92155,246-9,3623,3945,968-46,5739,36237,211
Cash flow from operations-33,3552,402,2811,621,878-3,065,677504,8264,735,587-38,188656,158-965,452924,755-490,039180,965698,201917,328-17,844
Investing Activities
capital expenditure501,552-650,226-2,187,336-1,761,553-1,315,492-3,417,539-635,327-672,212-463,658-3,271,158-102,250-985,698-171,237-1,863,870-1,067,201
Change in Investments
cash flow from investments501,552-650,226-2,187,336-1,761,553-1,315,492-3,417,539-635,327-672,212-463,658-3,271,158-102,250-985,698-171,237-1,863,870-1,067,201
Financing Activities
Bank loans
Group/Directors Accounts-1,992,6611,992,661
Other Short Term Loans
Long term loans-15,213,3874,954,1851,970,3818,288,821-6,349,893-63,976264,7186,149,151-1,767,731902,906864,825
Hire Purchase and Lease Commitments
other long term liabilities-468,19714,229,072-7,226,3607,226,360-5,478,9692,205,371768,865810,1941,694,539
share issue-2-58,124
interest-779,437-910,087-611,294-252,807-280,873-211,761-212,222-291,12660851760-71,526-32,675-18,344
cash flow from financing-468,197-1,763,7542,051,4373,351,748809,654595,594-275,73752,496379,0562,205,979769,382810,254-144,718870,231788,357
cash and cash equivalents
cash-11,6999,726770-1,012-66,5161,11044215,742-140,423177,0935,521-56,61562,9012,960
overdraft-1,494,4761,494,476-1,980,158950,362-36,0001,065,796-438,860139,212299,648
change in cash-11,6991,504,202-1,493,706-1,0121,913,642-949,25236,442-1,050,054-140,423177,0935,521382,245-76,311-296,688

hazev limited 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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Hazev Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for hazev limited by selecting its closest rivals, whether from the CONSTRUCTION sector, other mid companies, companies in E14 area or any other competitors across 12 key performance metrics.

hazev limited Ownership

HAZEV LIMITED group structure

Hazev Limited has no subsidiary companies.

Ultimate parent company

HAZEV LIMITED

06626824

HAZEV LIMITED Shareholders

c a a restaurants ltd 50%
tas (london) ltd 50%

hazev limited directors

Hazev Limited currently has 4 directors. The longest serving directors include Mr Haci Akdogan (Jun 2008) and Mr Muzaffer Cicek (Jun 2008).

officercountryagestartendrole
Mr Haci AkdoganEngland60 years Jun 2008- Director
Mr Muzaffer Cicek52 years Jun 2008- Director
Mr Onder SahanEngland58 years Jun 2008- Director
Mr Dervis Aslan62 years Jun 2008- Director

P&L

March 2024

turnover

8.7m

-13%

operating profit

-977.1k

0%

gross margin

29.9%

+2.12%

turnover

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

Balance Sheet

March 2024

net assets

-6.3m

+0.18%

total assets

15.3m

-0.07%

cash

0

0%

net assets

Total assets minus all liabilities

hazev limited company details

company number

06626824

Type

Private limited with Share Capital

industry

41201 - Construction of commercial buildings

55100 - Hotels and similar accommodation

56101 - Licensed restaurants

incorporation date

June 2008

age

17

incorporated

UK

ultimate parent company

None

accounts

Micro-Entity Accounts

last accounts submitted

March 2024

previous names

N/A

accountant

-

auditor

-

address

11 selsdon way, london, E14 9GL

Bank

-

Legal Advisor

-

hazev 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 found 21 charges/mortgages relating to hazev limited. Currently there are 18 open charges and 3 have been satisfied in the past.

hazev 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 HAZEV LIMITED. This can take several minutes, an email will notify you when this has completed.

hazev limited Companies House Filings - See Documents

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