hanover housing developments limited

Dissolved 

hanover housing developments limited Company Information

Share HANOVER HOUSING DEVELOPMENTS LIMITED

Company Number

06856299

Directors

Sarah Jones

Kathryn Smith

View All

Shareholders

anchor hanover group

Group Structure

View All

Industry

Development of building projects

 +1

Registered Address

the heal's building, suites a & b, london, WC1E 7HJ

hanover housing developments limited Estimated Valuation

£33.8m

Pomanda estimates the enterprise value of HANOVER HOUSING DEVELOPMENTS LIMITED at £33.8m based on a Turnover of £17.1m and 1.98x industry multiple (adjusted for size and gross margin).

hanover housing developments limited Estimated Valuation

£32.7m

Pomanda estimates the enterprise value of HANOVER HOUSING DEVELOPMENTS LIMITED at £32.7m based on an EBITDA of £5.6m and a 5.81x industry multiple (adjusted for size and gross margin).

hanover housing developments limited Estimated Valuation

£0

Pomanda estimates the enterprise value of HANOVER HOUSING DEVELOPMENTS LIMITED at £0 based on Net Assets of £0 and 1.45x industry multiple (adjusted for liquidity).

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Hanover Housing Developments Limited Overview

Hanover Housing Developments Limited is a dissolved company that was located in london, WC1E 7HJ with a Companies House number of 06856299. It operated in the development of building projects sector, SIC Code 41100. Founded in March 2009, it's largest shareholder was anchor hanover group with a 100% stake. The last turnover for Hanover Housing Developments Limited was estimated at £17.1m.

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Hanover Housing Developments Limited Health Check

Pomanda's financial health check has awarded Hanover Housing Developments Limited a 2.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 1 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating2.5out of 5
positive_score

3 Strong

positive_score

2 Regular

positive_score

1 Weak

size

Size

annual sales of £17.1m, make it larger than the average company (£1.5m)

£17.1m - Hanover Housing Developments Limited

£1.5m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 4%, show it is growing at a faster rate (1.1%)

4% - Hanover Housing Developments Limited

1.1% - Industry AVG

production

Production

with a gross margin of 32.9%, this company has a higher cost of product (45.1%)

32.9% - Hanover Housing Developments Limited

45.1% - Industry AVG

profitability

Profitability

an operating margin of 32.8% make it as profitable than the average company (29.9%)

32.8% - Hanover Housing Developments Limited

29.9% - Industry AVG

employees

Employees

with 74 employees, this is above the industry average (5)

74 - Hanover Housing Developments Limited

5 - Industry AVG

paystructure

Pay Structure

There is insufficient data available for this Key Performance Indicator!

- - Hanover Housing Developments Limited

- - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £231.4k, this is equally as efficient (£236.7k)

£231.4k - Hanover Housing Developments Limited

£236.7k - Industry AVG

debtordays

Debtor Days

There is insufficient data available for this Key Performance Indicator!

- - Hanover Housing Developments Limited

- - Industry AVG

creditordays

Creditor Days

There is insufficient data available for this Key Performance Indicator!

- - Hanover Housing Developments Limited

- - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Hanover Housing Developments Limited

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - Hanover Housing Developments Limited

- - Industry AVG

debtlevel

Debt Level

There is insufficient data available for this Key Performance Indicator!

- - Hanover Housing Developments Limited

- - Industry AVG

HANOVER HOUSING DEVELOPMENTS LIMITED financials

EXPORTms excel logo

Hanover Housing Developments Limited's latest turnover from March 2022 is £17.1 million and the company has net assets of 0. According to their latest financial statements, we estimate that Hanover Housing Developments Limited has 74 employees and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Turnover17,126,00030,196,00015,279,00015,219,00049,853,0003,118,0007,458,000
Other Income Or Grants
Cost Of Sales11,500,00019,712,00010,949,0008,378,00039,930,0002,266,0006,936,000
Gross Profit5,626,00010,484,0004,330,0006,841,0009,923,000852,000522,000
Admin Expenses1,0003,102,0001,781,0001,325,000623,000425,0001,243,00022,000-255,000244,00022,00021,489
Operating Profit5,625,0007,382,0002,549,0005,516,0009,300,000427,000-721,000-22,000255,000-244,000-22,000-21,489
Interest Payable13,553
Interest Receivable150,000284,000738,000766,0001,506,00016,0003,000
Pre-Tax Profit5,625,0007,532,0002,833,0006,254,00010,066,0001,933,000-105,000-19,000255,000-244,000-22,000-21,489
Tax-17,000-27,00027,000
Profit After Tax5,625,0007,532,0002,833,0006,254,00010,049,0001,906,000-78,000-19,000255,000-244,000-22,000-21,489
Dividends Paid
Retained Profit5,625,0007,532,0002,833,0006,254,00010,049,000129,000-78,000-19,000255,000-244,000-22,000-21,489
Employee Costs34,20633,66033,554
Number Of Employees741366266217143011111
EBITDA*5,625,0007,382,0002,549,0005,516,0009,300,000427,000-721,000-22,000255,000-244,000-22,000-21,489

* Earnings Before Interest, Tax, Depreciation and Amortisation

Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Tangible Assets
Intangible Assets
Investments & Other153,000145,654
Debtors (Due After 1 year)
Total Fixed Assets153,000145,654
Stock & work in progress11,473,00030,991,00027,084,00028,699,00058,865,00038,434,00024,827,00030,133,00030,140,000
Trade Debtors
Group Debtors828,0006,029,00019,998,00014,330,00013,890,0001
Misc Debtors4,0001,017,000785,00017,00059,0001,244,00013,045,000
Cash5,333,00033,739,00034,703,00021,322,0001,389,000612,0004,00010,000
misc current assets27,0002,728,000
total current assets17,638,00065,747,00068,601,00070,036,00074,643,00054,207,00040,604,00030,143,00030,140,0001
total assets17,638,00065,747,00068,601,00070,036,00074,643,00054,207,00040,604,00030,143,00030,140,000153,000145,655
Bank overdraft627,000417,00029,000
Bank loan
Trade Creditors 12,00013,0003,0009,0001,00021,000
Group/Directors Accounts2,442,00071,0001,849,00072,000116,000112,0004,035,000195,00087,000
other short term finances
hp & lease commitments
other current liabilities4,093,0002,744,0008,145,000634,0001,035,0001,354,000782,0003,000142,0001,00080,143
total current liabilities4,105,0005,199,0008,843,0001,054,0002,893,0001,456,000919,000115,0004,177,000196,000167,143
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities790,000
provisions
total long term liabilities790,000
total liabilities4,105,0005,989,0008,843,0001,054,0002,893,0001,456,000919,000115,0004,177,000196,000167,143
net assets13,533,00059,758,00059,758,00068,982,00071,750,00052,751,00039,685,00030,028,00025,963,000-43,000-21,488
total shareholders funds13,533,00059,758,00059,758,00068,982,00071,750,00052,751,00039,685,00030,028,00025,963,000-43,000-21,488
Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Operating Activities
Operating Profit5,625,0007,382,0002,549,0005,516,0009,300,000427,000-721,000-22,000255,000-244,000-22,000-21,489
Depreciation
Amortisation
Tax-17,000-27,00027,000
Stock-11,473,000-19,518,0003,907,000-1,615,000-30,166,00020,431,00013,607,000-5,306,000-7,00030,140,000
Debtors-832,000-185,000-5,797,000-13,201,0005,626,000-745,0002,089,00013,045,000-11
Creditors-12,000-1,00013,000-3,000-6,0008,000-20,00021,000
Accruals and Deferred Income-4,093,0001,349,000-5,401,0007,511,000-401,000-319,000572,000779,000-139,000141,000-79,14380,143
Deferred Taxes & Provisions
Cash flow from operations13,825,00028,433,000-949,00027,840,00033,416,000-19,597,000-15,838,000-6,961,000123,000-30,243,000-101,14258,653
Investing Activities
capital expenditure
Change in Investments-153,0007,346145,654
cash flow from investments153,000-7,346-145,654
Financing Activities
Bank loans
Group/Directors Accounts-2,442,0002,371,00071,000-1,849,0001,777,000-44,0004,000-3,923,0003,840,000108,00087,000
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities-790,000790,000
share issue-19,158,000-53,757,000-2,833,000-15,478,000-12,817,00018,870,00013,144,0009,676,0003,810,00026,250,0004881
interest150,000284,000738,000752,4471,506,00016,0003,000
cash flow from financing-19,158,000-56,839,000612,000-14,669,000-13,913,55322,153,00013,116,0009,683,000-113,00030,090,000108,48887,001
cash and cash equivalents
cash-5,333,000-28,406,000-964,00013,381,00019,933,000777,000608,000-6,00010,000
overdraft-627,000210,000417,000-29,00029,000
change in cash-5,333,000-28,406,000-337,00013,171,00019,516,000806,000579,000-6,00010,000

hanover housing developments 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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Hanover Housing Developments Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for hanover housing developments limited by selecting its closest rivals, whether from the CONSTRUCTION sector, other undefined companies, companies in WC1E area or any other competitors across 12 key performance metrics.

hanover housing developments limited Ownership

HANOVER HOUSING DEVELOPMENTS LIMITED group structure

Hanover Housing Developments Limited has no subsidiary companies.

Ultimate parent company

1 parent

HANOVER HOUSING DEVELOPMENTS LIMITED

06856299

HANOVER HOUSING DEVELOPMENTS LIMITED Shareholders

anchor hanover group 100%

hanover housing developments limited directors

Hanover Housing Developments Limited currently has 3 directors. The longest serving directors include Ms Sarah Jones (Nov 2018) and Ms Kathryn Smith (Jan 2019).

officercountryagestartendrole
Ms Sarah JonesEngland56 years Nov 2018- Director
Ms Kathryn SmithEngland54 years Jan 2019- Director
Mr Robert MartinEngland48 years Mar 2021- Director

P&L

March 2022

turnover

17.1m

-43%

operating profit

5.6m

-24%

gross margin

32.9%

-5.38%

turnover

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

Balance Sheet

March 2022

net assets

0

-1%

total assets

0

-1%

cash

0

-1%

net assets

Total assets minus all liabilities

hanover housing developments limited company details

company number

06856299

Type

Private limited with Share Capital

industry

41100 - Development of building projects

68100 - Buying and selling of own real estate

incorporation date

March 2009

age

16

incorporated

UK

ultimate parent company

accounts

Full Accounts

last accounts submitted

March 2022

previous names

N/A

accountant

-

auditor

BDO LLP

address

the heal's building, suites a & b, london, WC1E 7HJ

Bank

BARCLAYS BANK PLC

Legal Advisor

EVERSHEDS LLP

hanover housing developments 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 hanover housing developments limited.

hanover housing developments 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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hanover housing developments limited Companies House Filings - See Documents

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