unit 2 globe works, east moors road, cardiff, CF24 5EU
Website
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new hap shing trading co limitedEstimated Valuation
£306.3k
Pomanda estimates the enterprise value of NEW HAP SHING TRADING CO LIMITED at £306.3k based on a Turnover of £967.1k and 0.32x industry multiple (adjusted for size and gross margin).
new hap shing trading co limitedEstimated Valuation
£0
Pomanda estimates the enterprise value of NEW HAP SHING TRADING CO LIMITED at £0 based on an EBITDA of £-12.7k and a 3.93x industry multiple (adjusted for size and gross margin).
new hap shing trading co limitedEstimated Valuation
£0
Pomanda estimates the enterprise value of NEW HAP SHING TRADING CO LIMITED at £0 based on Net Assets of £-40.6k and 2.62x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
New Hap Shing Trading Co LimitedOverview
New Hap Shing Trading Co Limited is a live company located in cardiff, CF24 5EU with a Companies House number of 06881139. It operates in the non-specialised wholesale trade sector, SIC Code 46900. Founded in April 2009, it's largest shareholder is
owen hon man ip
with a 100% stake. New Hap Shing Trading Co Limited is a established,
small sized company, Pomanda has estimated its turnover at
£967.1k with
declining
growth in recent years.
Pomanda's financial health check has awarded New Hap Shing Trading Co Limited a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 8 areas for improvement. Company Health Check FAQs
Health Rating1.5out of 5
2 Strong
2 Regular
8 Weak
Size
annual sales of £967.1k, make it smaller than the average company (£15.2m)
£967.1k - New Hap Shing Trading Co Limited
£15.2m - Industry AVG
Growth
3 year (CAGR) sales growth of -4%, show it is growing at a slower rate (6%)
-4% - New Hap Shing Trading Co Limited
6% - Industry AVG
Production
with a gross margin of 27.2%, this company has a comparable cost of product (27.2%)
27.2% - New Hap Shing Trading Co Limited
27.2% - Industry AVG
Profitability
an operating margin of -2.4% make it less profitable than the average company (5.3%)
-2.4% - New Hap Shing Trading Co Limited
5.3% - Industry AVG
Employees
with 4 employees, this is below the industry average (38)
4 - New Hap Shing Trading Co Limited
38 - Industry AVG
Pay Structure
on an average salary of £42.6k, the company has an equivalent pay structure (£42.6k)
£42.6k - New Hap Shing Trading Co Limited
£42.6k - Industry AVG
Efficiency
resulting in sales per employee of £241.8k, this is less efficient (£367.1k)
£241.8k - New Hap Shing Trading Co Limited
£367.1k - Industry AVG
Debtor Days
it gets paid by customers after 19 days, this is earlier than average (52 days)
19 days - New Hap Shing Trading Co Limited
52 days - Industry AVG
Creditor Days
its suppliers are paid after 59 days, this is slower than average (33 days)
59 days - New Hap Shing Trading Co Limited
33 days - Industry AVG
Stock Days
it holds stock equivalent to 226 days, this is more than average (77 days)
226 days - New Hap Shing Trading Co Limited
77 days - Industry AVG
Cash Balance
has cash to cover current liabilities
for 2 weeks, this is less cash available to meet short term requirements (15 weeks)
2 weeks - New Hap Shing Trading Co Limited
15 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 106.9%, this is a higher level of debt than the average (47.3%)
106.9% - New Hap Shing Trading Co Limited
47.3% - Industry AVG
NEW HAP SHING TRADING CO LIMITED financials
EXPORT
New Hap Shing Trading Co Limited's latest turnover from November 2023 is estimated at £967.1 thousand and the company has net assets of -£40.6 thousand. According to their latest financial statements, New Hap Shing Trading Co Limited has 4 employees and maintains cash reserves of £28.8 thousand as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Nov 2023
Nov 2022
Nov 2021
Nov 2020
Nov 2019
Nov 2018
Nov 2017
Nov 2016
Nov 2015
Nov 2014
Nov 2013
Nov 2012
Nov 2011
Dec 2010
Jul 2010
Turnover
967,100
1,087,951
1,120,007
1,096,988
1,192,002
1,470,705
1,653,725
1,853,520
2,688,044
2,604,373
2,916,761
3,433,932
3,408,282
3,169,062
Other Income Or Grants
Cost Of Sales
703,630
785,318
814,174
799,551
869,348
1,080,201
1,200,332
1,330,158
1,934,909
1,880,336
2,096,422
2,461,062
2,448,752
2,268,006
Gross Profit
263,471
302,632
305,833
297,437
322,654
390,504
453,393
523,362
753,135
724,037
820,339
972,870
959,530
901,055
Admin Expenses
286,426
311,006
336,510
301,036
314,687
336,129
493,372
534,629
726,583
703,498
796,937
956,788
935,690
903,362
Operating Profit
-22,955
-8,374
-30,677
-3,599
7,967
54,375
-39,979
-11,267
26,552
20,539
23,402
16,082
23,840
-2,307
Interest Payable
7,082
8,033
6,857
9,062
11,343
11,902
10,553
4,252
Interest Receivable
3,380
2,223
55
46
350
591
258
65
252
196
136
172
385
297
Pre-Tax Profit
-26,657
-14,184
-37,479
-12,616
-3,026
43,064
-50,274
-15,455
26,804
20,735
23,538
16,254
24,224
-2,010
Tax
-8,182
-5,361
-4,354
-5,414
-3,901
-6,298
Profit After Tax
-26,657
-14,184
-37,479
-12,616
-3,026
34,882
-50,274
-15,455
21,443
16,381
18,124
12,353
17,926
-2,010
Dividends Paid
Retained Profit
-26,657
-14,184
-37,479
-12,616
-3,026
34,882
-50,274
-15,455
21,443
16,381
18,124
12,353
17,926
-2,010
Employee Costs
170,590
163,330
153,613
149,030
147,782
216,541
318,489
241,006
335,467
295,295
364,325
420,852
387,538
386,800
Number Of Employees
4
4
4
4
4
6
9
7
10
9
11
13
12
12
EBITDA*
-12,651
-4,962
-26,125
2,910
16,647
65,948
-24,436
2,574
45,005
40,131
37,425
32,795
43,070
-423
* Earnings Before Interest, Tax, Depreciation and Amortisation
Nov 2023
Nov 2022
Nov 2021
Nov 2020
Nov 2019
Nov 2018
Nov 2017
Nov 2016
Nov 2015
Nov 2014
Nov 2013
Nov 2012
Nov 2011
Dec 2010
Jul 2010
Tangible Assets
53,348
10,238
13,650
19,529
26,038
34,718
46,629
41,522
55,362
78,469
87,398
62,540
79,253
102,844
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
53,348
10,238
13,650
19,529
26,038
34,718
46,629
41,522
55,362
78,469
87,398
62,540
79,253
102,844
Stock & work in progress
436,884
496,343
554,285
572,812
607,081
667,298
704,251
786,809
690,721
698,918
634,038
690,180
549,474
696,724
Trade Debtors
51,542
75,798
62,259
51,566
62,911
69,081
72,848
131,706
140,299
111,233
216,137
282,021
370,999
141,419
Group Debtors
Misc Debtors
19,385
16,406
14,454
22,326
23,249
23,881
25,845
19,698
Cash
28,782
99,988
48,225
61,535
30,314
63,132
94,570
8,641
42,977
57,824
20,736
33,682
35,146
118,751
misc current assets
1,562
712
936
total current assets
536,593
690,097
679,935
708,239
723,555
823,392
898,450
946,854
873,997
867,975
870,911
1,005,883
955,619
956,894
total assets
589,941
700,335
693,585
727,768
749,593
858,110
945,079
988,376
929,359
946,444
958,309
1,068,423
1,034,872
1,059,738
Bank overdraft
20,555
42,253
53,681
75,042
172,088
164,005
188,645
136,065
Bank loan
Trade Creditors
113,926
145,129
145,918
125,425
172,867
227,943
208,232
316,599
842,727
869,331
885,621
1,040,153
1,018,012
1,051,467
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
469,430
490,405
447,635
439,572
352,967
409,840
529,713
465,865
total current liabilities
603,911
677,787
647,234
640,039
697,922
801,788
926,590
918,529
842,727
869,331
885,621
1,040,153
1,018,012
1,051,467
loans
26,621
36,482
46,101
50,000
hp & lease commitments
Accruals and Deferred Income
other liabilities
2,951
9,323
19,390
943
10,280
provisions
1,326
1,084
2,414
5,015
6,904
total long term liabilities
26,621
36,482
46,101
50,000
1,326
2,951
1,084
2,414
14,338
26,294
943
10,280
total liabilities
630,532
714,269
693,335
690,039
699,248
804,739
926,590
919,613
845,141
883,669
911,915
1,040,153
1,018,955
1,061,747
net assets
-40,591
-13,934
250
37,729
50,345
53,371
18,489
68,763
84,218
62,775
46,394
28,270
15,917
-2,009
total shareholders funds
-40,591
-13,934
250
37,729
50,345
53,371
18,489
68,763
84,218
62,775
46,394
28,270
15,917
-2,009
Nov 2023
Nov 2022
Nov 2021
Nov 2020
Nov 2019
Nov 2018
Nov 2017
Nov 2016
Nov 2015
Nov 2014
Nov 2013
Nov 2012
Nov 2011
Dec 2010
Jul 2010
Operating Activities
Operating Profit
-22,955
-8,374
-30,677
-3,599
7,967
54,375
-39,979
-11,267
26,552
20,539
23,402
16,082
23,840
-2,307
Depreciation
10,304
3,412
4,552
6,509
8,680
11,573
15,543
13,841
18,453
19,592
14,023
16,713
19,230
1,884
Amortisation
Tax
-8,182
-5,361
-4,354
-5,414
-3,901
-6,298
Stock
-59,459
-57,942
-18,527
-34,269
-60,217
-36,953
-82,558
96,088
-8,197
64,880
-56,142
140,706
-147,250
696,724
Debtors
-21,277
15,491
2,821
-12,268
-6,802
-5,731
-52,711
11,105
29,066
-104,904
-65,884
-88,978
229,580
141,419
Creditors
-31,203
-789
20,493
-47,442
-55,076
19,711
-108,367
-526,128
-26,604
-16,290
-154,532
22,141
-33,455
1,051,467
Accruals and Deferred Income
-20,975
42,770
8,063
86,605
-56,873
-119,873
63,848
465,865
Deferred Taxes & Provisions
-1,326
1,326
-1,084
-1,330
-2,601
-1,889
6,904
Cash flow from operations
15,907
79,470
18,137
87,284
-26,957
288
65,230
-166,212
-10,430
57,622
6,409
-693
-79,013
212,901
Investing Activities
capital expenditure
-53,414
1,327
338
-20,650
-1
4,654
-10,663
-38,881
4,361
-104,728
Change in Investments
cash flow from investments
-53,414
1,327
338
-20,650
-1
4,654
-10,663
-38,881
4,361
-104,728
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
-9,861
-9,619
-3,899
50,000
Hire Purchase and Lease Commitments
other long term liabilities
-2,951
2,951
-9,323
-10,067
19,390
-943
-9,337
10,280
share issue
1
interest
-3,702
-5,810
-6,802
-9,016
-10,993
-11,311
-10,295
-4,187
252
196
136
172
385
297
cash flow from financing
-13,563
-15,429
-10,701
40,984
-13,944
-8,360
-10,295
-4,187
-9,071
-9,871
19,526
-771
-8,952
10,578
cash and cash equivalents
cash
-71,206
51,763
-13,310
31,221
-32,818
-31,438
85,929
-34,336
-14,847
37,088
-12,946
-1,464
-83,605
118,751
overdraft
-21,698
-11,428
-21,361
-97,046
8,083
-24,640
52,580
136,065
change in cash
-49,508
63,191
8,051
128,267
-40,901
-6,798
33,349
-170,401
-14,847
37,088
-12,946
-1,464
-83,605
118,751
new hap shing trading co 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 new hap shing trading co limited. Get real-time insights into new hap shing trading co limited's credit score, group structure and payment trends.
New Hap Shing Trading Co Limited Competitor Analysis
Perform a competitor analysis for new hap shing trading co 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 CF24 area or any other competitors across 12 key performance metrics.
new hap shing trading co limited Ownership
NEW HAP SHING TRADING CO LIMITED group structure
New Hap Shing Trading Co Limited has no subsidiary companies.
Ultimate parent company
NEW HAP SHING TRADING CO LIMITED
06881139
NEW HAP SHING TRADING CO LIMITED Shareholders
The sole shareholder of New Hap Shing Trading Co Limited is Owen Hon Man Ip.
owen hon man ip
100%
new hap shing trading co limited directors
New Hap Shing Trading Co Limited currently has 1 director, Mr Owen Ip serving since Apr 2009.
unit 2 globe works, east moors road, cardiff, CF24 5EU
Bank
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Legal Advisor
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new hap shing trading co 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 1 charges/mortgages relating to new hap shing trading co limited. Currently there are 1 open charges and 0 have been satisfied in the past.
new hap shing trading co 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 NEW HAP SHING TRADING CO LIMITED. This can take several minutes, an email will notify you when this has completed.
new hap shing trading co limitedCompanies House Filings - See Documents
