hatched limited

hatched limited Company Information

Share HATCHED LIMITED
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Company Number

06865340

Industry

Advertising agencies

 

Shareholders

brood ventures limited

Group Structure

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Contact

Registered Address

exmouth house, unit 411, 3-11 pine street, london, EC1R 0JH

hatched limited Estimated Valuation

£591.8k

Pomanda estimates the enterprise value of HATCHED LIMITED at £591.8k based on a Turnover of £1.3m and 0.45x industry multiple (adjusted for size and gross margin).

hatched limited Estimated Valuation

£459k

Pomanda estimates the enterprise value of HATCHED LIMITED at £459k based on an EBITDA of £151.8k and a 3.02x industry multiple (adjusted for size and gross margin).

hatched limited Estimated Valuation

£186k

Pomanda estimates the enterprise value of HATCHED LIMITED at £186k based on Net Assets of £101.3k and 1.84x industry multiple (adjusted for liquidity).

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Hatched Limited Overview

Hatched Limited is a live company located in london, EC1R 0JH with a Companies House number of 06865340. It operates in the advertising agencies sector, SIC Code 73110. Founded in April 2009, it's largest shareholder is brood ventures limited with a 100% stake. Hatched Limited is a established, small sized company, Pomanda has estimated its turnover at £1.3m with high growth in recent years.

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Hatched Limited Health Check

Pomanda's financial health check has awarded Hatched Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 6 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating3out of 5
positive_score

2 Strong

positive_score

4 Regular

positive_score

6 Weak

size

Size

annual sales of £1.3m, make it smaller than the average company (£9.9m)

£1.3m - Hatched Limited

£9.9m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 19%, show it is growing at a faster rate (6.2%)

19% - Hatched Limited

6.2% - Industry AVG

production

Production

with a gross margin of 42.6%, this company has a comparable cost of product (42.6%)

42.6% - Hatched Limited

42.6% - Industry AVG

profitability

Profitability

an operating margin of 11.1% make it more profitable than the average company (5.2%)

11.1% - Hatched Limited

5.2% - Industry AVG

employees

Employees

with 11 employees, this is below the industry average (44)

11 - Hatched Limited

44 - Industry AVG

paystructure

Pay Structure

on an average salary of £65.7k, the company has an equivalent pay structure (£65.7k)

£65.7k - Hatched Limited

£65.7k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £120.8k, this is less efficient (£190.7k)

£120.8k - Hatched Limited

£190.7k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 52 days, this is near the average (58 days)

52 days - Hatched Limited

58 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 37 days, this is quicker than average (43 days)

37 days - Hatched Limited

43 days - Industry AVG

stockdays

Stock Days

it holds stock equivalent to 56 days, this is more than average (18 days)

56 days - Hatched Limited

18 days - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 3 weeks, this is less cash available to meet short term requirements (15 weeks)

3 weeks - Hatched Limited

15 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 72.6%, this is a similar level of debt than the average (68.1%)

72.6% - Hatched Limited

68.1% - Industry AVG

HATCHED LIMITED financials

EXPORTms excel logo

Hatched Limited's latest turnover from December 2023 is estimated at £1.3 million and the company has net assets of £101.3 thousand. According to their latest financial statements, Hatched Limited has 11 employees and maintains cash reserves of £14 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Apr 2012Apr 2011Apr 2010
Turnover1,328,7711,140,101963,515782,596824,461907,939726,145107,211403,146315,426349,175232,957184,72025,5226,103
Other Income Or Grants000000000000000
Cost Of Sales762,270629,115500,688433,950464,197501,598404,94456,389212,497172,735193,610133,175105,34313,8083,314
Gross Profit566,501510,986462,827348,646360,264406,341321,20150,822190,650142,691155,56699,78279,37811,7152,789
Admin Expenses419,454564,538538,117336,645317,498347,550280,281108,867168,54179,695157,28997,10479,03314,990-2,038
Operating Profit147,047-53,552-75,29012,00142,76658,79140,920-58,04522,10962,996-1,7232,678345-3,2754,827
Interest Payable13,8538,9282,9721,52500000000000
Interest Receivable1,4363,24841312665078764032576957212465432512
Pre-Tax Profit134,631-59,233-77,84910,60243,41659,57841,560-57,72022,87963,568-1,5992,742388-3,2504,839
Tax-33,65800-2,014-8,249-11,320-7,8960-4,576-13,3490-658-930-1,355
Profit After Tax100,973-59,233-77,8498,58835,16748,25833,664-57,72018,30350,219-1,5992,084295-3,2503,484
Dividends Paid000000000000000
Retained Profit100,973-59,233-77,8498,58835,16748,25833,664-57,72018,30350,219-1,5992,084295-3,2503,484
Employee Costs722,579907,010699,079663,220654,276642,943574,18955,113164,270111,001108,519106,07751,05949,51550,291
Number Of Employees1114111111111013222111
EBITDA*151,816-47,237-69,82723,29554,74666,64545,965-54,25224,80964,468-4383,3331,327-2,9384,872

* Earnings Before Interest, Tax, Depreciation and Amortisation

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Apr 2012Apr 2011Apr 2010
Tangible Assets14,29819,06721,39824,31328,79339,82518,18410,4359,0204,6552,1461,9112,566966266
Intangible Assets000000000000000
Investments & Other000000000000000
Debtors (Due After 1 year)000000000000000
Total Fixed Assets14,29819,06721,39824,31328,79339,82518,18410,4359,0204,6552,1461,9112,566966266
Stock & work in progress118,35189,44220,00040,00076,0008,0049,290072,078040,08853,661000
Trade Debtors191,66089,812146,89964,69349,519107,16776,17921,01286,73330,592021,00032,0293,590769
Group Debtors000000000000000
Misc Debtors31,67842,01634,47780,65360,39147,71929,31800000000
Cash14,02740,683144,908185,40867,576105,687104,222151,946108,088199,69529,16320,50011,9945,3094,835
misc current assets000000000000000
total current assets355,716261,953346,284370,754253,486268,577219,009172,958266,899230,28769,25195,16144,0238,8995,604
total assets370,014281,020367,682395,067282,279308,402237,193183,393275,919234,94271,39797,07246,5899,8655,870
Bank overdraft000000000000000
Bank loan35,46739,7829,521000000000000
Trade Creditors 78,379108,9647,86684,250113,82951,6769,12419,7816,197183,79470,46894,54645,9109,4912,385
Group/Directors Accounts00000070,85165,47198,937000000
other short term finances000000000000000
hp & lease commitments000000000000000
other current liabilities86,92528,873255,148123,40939,630163,073111,82386,410101,334000000
total current liabilities200,771177,619272,535207,659153,459214,749191,798171,662206,468183,79470,46894,54645,9109,4912,385
loans67,944103,07535,58850,00000000000000
hp & lease commitments000000000000000
Accruals and Deferred Income000000000000000
other liabilities000000000000000
provisions000000000000000
total long term liabilities67,944103,07535,58850,00000000000000
total liabilities268,715280,694308,123257,659153,459214,749191,798171,662206,468183,79470,46894,54645,9109,4912,385
net assets101,29932659,559137,408128,82093,65345,39511,73169,45151,1489292,5266793743,485
total shareholders funds101,29932659,559137,408128,82093,65345,39511,73169,45151,1489292,5266793743,485
Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Apr 2012Apr 2011Apr 2010
Operating Activities
Operating Profit147,047-53,552-75,29012,00142,76658,79140,920-58,04522,10962,996-1,7232,678345-3,2754,827
Depreciation4,7696,3155,46311,29411,9807,8545,0453,7932,7001,4721,28565598233745
Amortisation000000000000000
Tax-33,65800-2,014-8,249-11,320-7,8960-4,576-13,3490-658-930-1,355
Stock28,90969,442-20,000-36,00067,996-1,2869,290-72,07872,078-40,088-13,57353,661000
Debtors91,510-49,54836,03035,436-44,97649,38984,485-65,72156,14130,592-21,00017,41028,4392,821769
Creditors-30,585101,098-76,384-29,57962,15342,552-10,65713,584-177,597113,326-24,07885,05536,4197,1062,385
Accruals and Deferred Income58,052-226,275131,73983,779-123,44351,25025,413-14,924101,334000000
Deferred Taxes & Provisions000000000000000
Cash flow from operations25,206-192,308-30,50276,045-37,813101,024-40,95082,207-184,249173,94110,05716,6599,2141,3475,133
Investing Activities
capital expenditure0-3,984-2,548-6,814-948-29,495-12,794-5,208-7,065-3,981-1,520-1,600-2,582-1,037-311
Change in Investments000000000000000
cash flow from investments0-3,984-2,548-6,814-948-29,495-12,794-5,208-7,065-3,981-1,520-1,600-2,582-1,037-311
Financing Activities
Bank loans-4,31530,2619,521000000000000
Group/Directors Accounts00000-70,8515,380-33,46698,937000000
Other Short Term Loans 000000000000000
Long term loans-35,13167,487-14,41250,00000000000000
Hire Purchase and Lease Commitments000000000000000
other long term liabilities000000000000000
share issue0000000000268101391
interest-12,417-5,680-2,559-1,39965078764032576957212465432512
cash flow from financing-51,86392,068-7,45048,601650-70,0646,020-33,14199,7065721261335316413
cash and cash equivalents
cash-26,656-104,225-40,500117,832-38,1111,465-47,72443,858-91,607170,5328,66315,1916,6854744,835
overdraft000000000000000
change in cash-26,656-104,225-40,500117,832-38,1111,465-47,72443,858-91,607170,5328,66315,1916,6854744,835

hatched 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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Hatched Limited Competitor Analysis

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Perform a competitor analysis for hatched limited by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other small companies, companies in EC1R area or any other competitors across 12 key performance metrics.

hatched limited Ownership

HATCHED LIMITED group structure

Hatched Limited has no subsidiary companies.

Ultimate parent company

HATCHED LIMITED

06865340

HATCHED LIMITED Shareholders

brood ventures limited 100%

hatched limited directors

Hatched Limited currently has 2 directors. The longest serving directors include Mr Andrew Pittendreigh (Apr 2009) and Mr Lee Casey (Apr 2011).

officercountryagestartendrole
Mr Andrew PittendreighUnited Kingdom40 years Apr 2009- Director
Mr Lee CaseyUnited Kingdom43 years Apr 2011- Director

P&L

December 2023

turnover

1.3m

+17%

operating profit

147k

0%

gross margin

42.7%

-4.88%

turnover

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

Balance Sheet

December 2023

net assets

101.3k

+309.73%

total assets

370k

+0.32%

cash

14k

-0.66%

net assets

Total assets minus all liabilities

hatched limited company details

company number

06865340

Type

Private limited with Share Capital

industry

73110 - Advertising agencies

incorporation date

April 2009

age

16

incorporated

UK

ultimate parent company

None

accounts

Total Exemption Full

last accounts submitted

December 2023

previous names

N/A

accountant

-

auditor

-

address

exmouth house, unit 411, 3-11 pine street, london, EC1R 0JH

Bank

-

Legal Advisor

-

hatched 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 hatched limited.

hatched 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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hatched limited Companies House Filings - See Documents

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