let's hang on limited
let's hang on limited Company Information
Company Number
06823283
Next Accounts
Mar 2025
Shareholders
mr dino buttarazzi
mr martin jack peat
Group Structure
View All
Industry
Performing arts
Registered Address
22 gander lane, barlborough, chesterfield, S43 4PZ
Website
www.letshangon.co.uklet's hang on limited Estimated Valuation
Pomanda estimates the enterprise value of LET'S HANG ON LIMITED at £222.3k based on a Turnover of £519.6k and 0.43x industry multiple (adjusted for size and gross margin).
let's hang on limited Estimated Valuation
Pomanda estimates the enterprise value of LET'S HANG ON LIMITED at £0 based on an EBITDA of £-10.9k and a 5.06x industry multiple (adjusted for size and gross margin).
let's hang on limited Estimated Valuation
Pomanda estimates the enterprise value of LET'S HANG ON LIMITED at £0 based on Net Assets of £-63.1k and 1.22x industry multiple (adjusted for liquidity).
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Let's Hang On Limited Overview
Let's Hang On Limited is a dissolved company that was located in chesterfield, S43 4PZ with a Companies House number of 06823283. It operated in the performing arts sector, SIC Code 90010. Founded in February 2009, it's largest shareholder was mr dino buttarazzi with a 50% stake. The last turnover for Let's Hang On Limited was estimated at £519.6k.
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Let's Hang On Limited Health Check
Pomanda's financial health check has awarded Let'S Hang On Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 5 areas for improvement. Company Health Check FAQs
4 Strong
1 Regular
5 Weak
Size
annual sales of £519.6k, make it larger than the average company (£281.4k)
- Let's Hang On Limited
£281.4k - Industry AVG
Growth
3 year (CAGR) sales growth of 31%, show it is growing at a faster rate (4.6%)
- Let's Hang On Limited
4.6% - Industry AVG
Production
with a gross margin of 8.4%, this company has a higher cost of product (29.7%)
- Let's Hang On Limited
29.7% - Industry AVG
Profitability
an operating margin of -2.1% make it less profitable than the average company (3%)
- Let's Hang On Limited
3% - Industry AVG
Employees
with 5 employees, this is below the industry average (7)
- Let's Hang On Limited
7 - Industry AVG
Pay Structure
on an average salary of £23.6k, the company has an equivalent pay structure (£23.6k)
- Let's Hang On Limited
£23.6k - Industry AVG
Efficiency
resulting in sales per employee of £103.9k, this is more efficient (£75.2k)
- Let's Hang On Limited
£75.2k - Industry AVG
Debtor Days
it gets paid by customers after 26 days, this is later than average (10 days)
- Let's Hang On Limited
10 days - Industry AVG
Creditor Days
its suppliers are paid after 81 days, this is slower than average (25 days)
- Let's Hang On Limited
25 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Let's Hang On Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Let's Hang On Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 243.1%, this is a higher level of debt than the average (30.2%)
243.1% - Let's Hang On Limited
30.2% - Industry AVG
LET'S HANG ON LIMITED financials
Let'S Hang On Limited's latest turnover from February 2018 is estimated at £519.6 thousand and the company has net assets of -£63.1 thousand. According to their latest financial statements, we estimate that Let'S Hang On Limited has 5 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Feb 2018 | Feb 2017 | Feb 2016 | Feb 2015 | Feb 2014 | Feb 2013 | Feb 2012 | Feb 2011 | Feb 2010 | |
|---|---|---|---|---|---|---|---|---|---|
| Turnover | |||||||||
| 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 | |||||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Feb 2018 | Feb 2017 | Feb 2016 | Feb 2015 | Feb 2014 | Feb 2013 | Feb 2012 | Feb 2011 | Feb 2010 | |
|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 6,244 | 7,550 | 9,085 | 10,086 | 12,459 | 6,901 | 5,744 | 14,470 | 10,058 |
| Intangible Assets | |||||||||
| Investments & Other | |||||||||
| Debtors (Due After 1 year) | |||||||||
| Total Fixed Assets | 6,244 | 7,550 | 9,085 | 10,086 | 12,459 | 6,901 | 5,744 | 14,470 | 10,058 |
| Stock & work in progress | 3,643 | 350 | |||||||
| Trade Debtors | 37,892 | 32,413 | 34,056 | 18,180 | 70,952 | 17,379 | 7,240 | 4,994 | 874 |
| Group Debtors | |||||||||
| Misc Debtors | |||||||||
| Cash | 18,575 | 25,313 | 15,381 | 3,581 | 6,600 | 3,582 | |||
| misc current assets | 116 | ||||||||
| total current assets | 37,892 | 32,529 | 34,056 | 36,755 | 96,265 | 36,403 | 11,171 | 11,594 | 4,456 |
| total assets | 44,136 | 40,079 | 43,141 | 46,841 | 108,724 | 43,304 | 16,915 | 26,064 | 14,514 |
| Bank overdraft | |||||||||
| Bank loan | |||||||||
| Trade Creditors | 105,823 | 90,818 | 73,559 | 67,217 | 92,380 | 28,322 | 15,423 | 25,552 | 12,649 |
| Group/Directors Accounts | |||||||||
| other short term finances | |||||||||
| hp & lease commitments | |||||||||
| other current liabilities | |||||||||
| total current liabilities | 105,823 | 90,818 | 73,559 | 67,217 | 92,380 | 28,322 | 15,423 | 25,552 | 12,649 |
| loans | |||||||||
| hp & lease commitments | |||||||||
| Accruals and Deferred Income | 1,450 | 1,450 | 1,450 | ||||||
| other liabilities | |||||||||
| provisions | |||||||||
| total long term liabilities | 1,450 | 1,450 | 1,450 | ||||||
| total liabilities | 107,273 | 92,268 | 75,009 | 67,217 | 92,380 | 28,322 | 15,423 | 25,552 | 12,649 |
| net assets | -63,137 | -52,189 | -31,868 | -20,376 | 16,344 | 14,982 | 1,492 | 512 | 1,865 |
| total shareholders funds | -63,137 | -52,189 | -31,868 | -20,376 | 16,344 | 14,982 | 1,492 | 512 | 1,865 |
| Feb 2018 | Feb 2017 | Feb 2016 | Feb 2015 | Feb 2014 | Feb 2013 | Feb 2012 | Feb 2011 | Feb 2010 | |
|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||
| Operating Profit | |||||||||
| Depreciation | 1,481 | 1,792 | 1,774 | 1,230 | 2,388 | 1,344 | |||
| Amortisation | |||||||||
| Tax | |||||||||
| Stock | -3,643 | 3,293 | 350 | ||||||
| Debtors | 5,479 | -1,643 | 15,876 | -52,772 | 53,573 | 10,139 | 2,246 | 4,120 | 874 |
| Creditors | 15,005 | 17,259 | 6,342 | -25,163 | 64,058 | 12,899 | -10,129 | 12,903 | 12,649 |
| Accruals and Deferred Income | 1,450 | ||||||||
| Deferred Taxes & Provisions | |||||||||
| Cash flow from operations | |||||||||
| Investing Activities | |||||||||
| capital expenditure | |||||||||
| Change in Investments | |||||||||
| cash flow from investments | |||||||||
| 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 | |||||||||
| interest | |||||||||
| cash flow from financing | |||||||||
| cash and cash equivalents | |||||||||
| cash | -18,575 | -6,738 | 9,932 | 11,800 | -3,019 | 3,018 | 3,582 | ||
| overdraft | |||||||||
| change in cash | -18,575 | -6,738 | 9,932 | 11,800 | -3,019 | 3,018 | 3,582 |
let's hang on limited Credit Report and Business Information
Let's Hang On Limited Competitor Analysis
Perform a competitor analysis for let's hang on limited by selecting its closest rivals, whether from the ARTS, ENTERTAINMENT AND RECREATION sector, other undefined companies, companies in S43 area or any other competitors across 12 key performance metrics.
let's hang on limited Ownership
LET'S HANG ON LIMITED group structure
Let'S Hang On Limited has no subsidiary companies.
Ultimate parent company
LET'S HANG ON LIMITED
06823283
let's hang on limited directors
Let'S Hang On Limited currently has 2 directors. The longest serving directors include Mr Dino Buttarazzi (Feb 2009) and Mr Martin Peat (Feb 2009).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Dino Buttarazzi | United Kingdom | 51 years | Feb 2009 | - | Director |
| Mr Martin Peat | 63 years | Feb 2009 | - | Director |
P&L
February 2018turnover
519.6k
+10%
operating profit
-10.9k
0%
gross margin
8.4%
+30.63%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
February 2018net assets
-63.1k
+0.21%
total assets
44.1k
+0.1%
cash
0
0%
net assets
Total assets minus all liabilities
let's hang on limited company details
company number
06823283
Type
Private limited with Share Capital
industry
90010 - Performing arts
incorporation date
February 2009
age
16
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
February 2018
previous names
N/A
accountant
-
auditor
-
address
22 gander lane, barlborough, chesterfield, S43 4PZ
Bank
-
Legal Advisor
-
let's hang on 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 let's hang on limited.
let's hang on 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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let's hang on limited Companies House Filings - See Documents
| date | description | view/download |
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