hang won hong (leeds) limited

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hang won hong (leeds) limited Company Information

Share HANG WON HONG (LEEDS) LIMITED

Company Number

06988909

Directors

Youfeng Jiang

Shareholders

jy uk holdings ltd

Group Structure

View All

Industry

Other retail sale in non-specialised stores

 

Registered Address

117- 119, vicar lane, leeds, LS1 6PJ

hang won hong (leeds) limited Estimated Valuation

£792.8k

Pomanda estimates the enterprise value of HANG WON HONG (LEEDS) LIMITED at £792.8k based on a Turnover of £1.9m and 0.41x industry multiple (adjusted for size and gross margin).

hang won hong (leeds) limited Estimated Valuation

£1.7m

Pomanda estimates the enterprise value of HANG WON HONG (LEEDS) LIMITED at £1.7m based on an EBITDA of £425.1k and a 3.96x industry multiple (adjusted for size and gross margin).

hang won hong (leeds) limited Estimated Valuation

£4.1m

Pomanda estimates the enterprise value of HANG WON HONG (LEEDS) LIMITED at £4.1m based on Net Assets of £1.4m and 3.02x industry multiple (adjusted for liquidity).

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Hang Won Hong (leeds) Limited Overview

Hang Won Hong (leeds) Limited is a live company located in leeds, LS1 6PJ with a Companies House number of 06988909. It operates in the other retail sale in non-specialised stores sector, SIC Code 47190. Founded in August 2009, it's largest shareholder is jy uk holdings ltd with a 100% stake. Hang Won Hong (leeds) Limited is a established, small sized company, Pomanda has estimated its turnover at £1.9m with healthy growth in recent years.

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Hang Won Hong (leeds) Limited Health Check

Pomanda's financial health check has awarded Hang Won Hong (Leeds) Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 8 measures and has 1 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating5out of 5
positive_score

8 Strong

positive_score

3 Regular

positive_score

1 Weak

size

Size

annual sales of £1.9m, make it larger than the average company (£984.1k)

£1.9m - Hang Won Hong (leeds) Limited

£984.1k - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 13%, show it is growing at a faster rate (4%)

13% - Hang Won Hong (leeds) Limited

4% - Industry AVG

production

Production

with a gross margin of 43.1%, this company has a comparable cost of product (43.1%)

43.1% - Hang Won Hong (leeds) Limited

43.1% - Industry AVG

profitability

Profitability

an operating margin of 18.8% make it more profitable than the average company (4.8%)

18.8% - Hang Won Hong (leeds) Limited

4.8% - Industry AVG

employees

Employees

with 41 employees, this is above the industry average (25)

41 - Hang Won Hong (leeds) Limited

25 - Industry AVG

paystructure

Pay Structure

on an average salary of £19.2k, the company has an equivalent pay structure (£19.2k)

£19.2k - Hang Won Hong (leeds) Limited

£19.2k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £47k, this is less efficient (£92.3k)

£47k - Hang Won Hong (leeds) Limited

£92.3k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 12 days, this is near the average (12 days)

12 days - Hang Won Hong (leeds) Limited

12 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 50 days, this is slower than average (35 days)

50 days - Hang Won Hong (leeds) Limited

35 days - Industry AVG

stockdays

Stock Days

it holds stock equivalent to 68 days, this is less than average (86 days)

68 days - Hang Won Hong (leeds) Limited

86 days - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 88 weeks, this is more cash available to meet short term requirements (25 weeks)

88 weeks - Hang Won Hong (leeds) Limited

25 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 44%, this is a lower level of debt than the average (68.1%)

44% - Hang Won Hong (leeds) Limited

68.1% - Industry AVG

HANG WON HONG (LEEDS) LIMITED financials

EXPORTms excel logo

Hang Won Hong (Leeds) Limited's latest turnover from August 2023 is estimated at £1.9 million and the company has net assets of £1.4 million. According to their latest financial statements, Hang Won Hong (Leeds) Limited has 41 employees and maintains cash reserves of £636.4 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Aug 2023Aug 2022Aug 2021Aug 2020Aug 2019Aug 2018Aug 2017Aug 2016Aug 2015Aug 2014Aug 2013Aug 2012Aug 2011Aug 2010
Turnover1,927,9661,774,6062,156,9331,333,3591,295,6681,166,090808,632995,9821,693,5241,631,2701,945,6973,607,9962,701,9993,282,086
Other Income Or Grants
Cost Of Sales1,096,1921,021,9601,309,635755,085720,058657,840461,793557,261947,700923,1921,130,8362,113,4881,562,4801,879,224
Gross Profit831,774752,646847,298578,274575,609508,249346,838438,721745,825708,078814,8611,494,5081,139,5181,402,862
Admin Expenses469,955379,670936,264278,131318,821337,308308,063334,924764,220667,517801,0481,516,6211,166,2111,304,364
Operating Profit361,819372,976-88,966300,143256,788170,94138,775103,797-18,39540,56113,813-22,113-26,69398,498
Interest Payable13,19913,45913,25216,4269,9331354383752,6552,655
Interest Receivable16,915571553349551122629732333234131819826
Pre-Tax Profit365,535360,088-102,162283,751247,351171,31738,563103,719-18,07240,89214,155-21,795-29,15195,868
Tax-91,384-68,417-53,913-46,997-32,550-7,327-20,744-8,587-3,256-26,843
Profit After Tax274,151291,671-102,162229,838200,354138,76731,23682,975-18,07232,30510,899-21,795-29,15169,025
Dividends Paid
Retained Profit274,151291,671-102,162229,838200,354138,76731,23682,975-18,07232,30510,899-21,795-29,15169,025
Employee Costs787,559647,371537,426491,913464,945262,875176,400203,272341,319325,000393,474722,545541,284683,827
Number Of Employees4134302826151113212025463545
EBITDA*425,060436,686-59,932316,349263,807202,72168,239135,5779,45359,190103,02667,10064,321191,404

* Earnings Before Interest, Tax, Depreciation and Amortisation

Aug 2023Aug 2022Aug 2021Aug 2020Aug 2019Aug 2018Aug 2017Aug 2016Aug 2015Aug 2014Aug 2013Aug 2012Aug 2011Aug 2010
Tangible Assets513,013527,477282,159146,1155,4377,01927,36244,59364,93661,68666,32480,53790,751101,470
Intangible Assets11,43722,87534,31275,000150,000225,000
Investments & Other959,856959,856959,856959,856959,856432,163150,000
Debtors (Due After 1 year)63,20063,20063,20063,200
Total Fixed Assets1,472,8691,487,3331,242,0151,105,9711,028,493502,382251,999130,66899,24861,68666,324155,537240,751326,470
Stock & work in progress205,000618,022501,800305,000250,000200,500280,000285,000315,000285,000282,805301,624280,702285,909
Trade Debtors67,82767,98172,64863,200138,824100,309120,438
Group Debtors
Misc Debtors31,77624,55155,88451,60838,87210,465
Cash636,4427,93157,28753,38513,521118,55117,694162,82574,45254,62178,09458,46768,80110,249
misc current assets
total current assets941,045650,504559,087358,385319,405370,659336,566458,290457,433412,269424,099498,915449,812416,596
total assets2,413,9142,137,8371,801,1021,464,3561,347,898873,041588,565588,958556,681473,955490,423654,452690,563743,066
Bank overdraft27,82033,40729,177244,230290,31218,161
Bank loan
Trade Creditors 151,657135,792503,139119,034134,922272,307150,805230,888240,962139,995391,444571,199532,326592,342
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities196,299126,735123,170172,710218,683102,54478,33719,883
total current liabilities375,776295,934655,486535,974643,917374,851229,142250,771240,962139,995391,444571,199532,326610,503
loans47,752125,669159,0752,0002,0002,0002,00012,00063,537
hp & lease commitments
Accruals and Deferred Income
other liabilities638,023638,022200,000200,000205,437200,000200,000200,000272,507272,67670,00065,173118,362
provisions
total long term liabilities685,775763,691359,075202,000207,437202,000202,000212,000272,507272,67670,00065,173118,36263,537
total liabilities1,061,5511,059,6251,014,561737,974851,354576,851431,142462,771513,469412,671461,444636,372650,688674,040
net assets1,352,3631,078,212786,541726,382496,544296,190157,423126,18743,21261,28428,97918,08039,87569,026
total shareholders funds1,352,3631,078,212786,541726,382496,544296,190157,423126,18743,21261,28428,97918,08039,87569,026
Aug 2023Aug 2022Aug 2021Aug 2020Aug 2019Aug 2018Aug 2017Aug 2016Aug 2015Aug 2014Aug 2013Aug 2012Aug 2011Aug 2010
Operating Activities
Operating Profit361,819372,976-88,966300,143256,788170,94138,775103,797-18,39540,56113,813-22,113-26,69398,498
Depreciation63,24163,71029,03416,2067,01920,34318,02620,34316,41018,62914,21314,21316,01417,906
Amortisation11,43711,43811,43711,43875,00075,00075,00075,000
Tax-91,384-68,417-53,913-46,997-32,550-7,327-20,744-8,587-3,256-26,843
Stock-413,022116,222196,80055,00049,500-79,500-5,000-30,00030,0002,195-18,81920,922-5,207285,909
Debtors75,05224,551-119,0844,27612,73628,4075,684-4,6679,448-75,62438,515-20,129120,438
Creditors15,865-367,347384,105-15,888-137,385121,502-80,083-10,074100,967-251,449-179,75538,873-60,016592,342
Accruals and Deferred Income69,5643,565-49,540-45,973116,13924,20758,45419,883
Deferred Taxes & Provisions
Cash flow from operations757,075-136,28677,833264,659141,788382,64415,876148,95885,087-212,48914,45846,53629,641350,556
Investing Activities
capital expenditure-48,777-309,028-165,078-156,884-5,437-795-65,410-13,991-3,999-5,295-419,376
Change in Investments527,693282,163150,000
cash flow from investments-48,777-309,028-165,078-156,884-533,130-282,163-150,795-65,410-13,991-3,999-5,295-419,376
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans-77,917-33,406157,075-10,00012,000-63,53763,537
Hire Purchase and Lease Commitments
other long term liabilities1438,022-5,4375,437-72,507-169202,6764,827-53,189118,362
share issue162,3211
interest3,716-12,888-13,197-16,393-9,438376-212-78323332341318-2,457-2,629
cash flow from financing-74,200391,728306,199-21,830-4,001376-10,212-60,585154203,0085,168-52,87152,36860,909
cash and cash equivalents
cash628,511-49,3563,90239,864-105,030100,857-145,13188,37319,831-23,47319,627-10,33458,55210,249
overdraft-5,5874,230-215,053-46,082290,312-18,16118,161
change in cash634,098-53,586218,95585,946-395,342100,857-145,13188,37319,831-23,47319,627-10,33476,713-7,912

hang won hong (leeds) 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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Hang Won Hong (leeds) Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for hang won hong (leeds) 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 LS1 area or any other competitors across 12 key performance metrics.

hang won hong (leeds) limited Ownership

HANG WON HONG (LEEDS) LIMITED group structure

Hang Won Hong (Leeds) Limited has no subsidiary companies.

Ultimate parent company

1 parent

HANG WON HONG (LEEDS) LIMITED

06988909

HANG WON HONG (LEEDS) LIMITED Shareholders

jy uk holdings ltd 100%

hang won hong (leeds) limited directors

Hang Won Hong (Leeds) Limited currently has 1 director, Mr Youfeng Jiang serving since Jan 2013.

officercountryagestartendrole
Mr Youfeng JiangEngland42 years Jan 2013- Director

P&L

August 2023

turnover

1.9m

+9%

operating profit

361.8k

0%

gross margin

43.2%

+1.72%

turnover

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

Balance Sheet

August 2023

net assets

1.4m

+0.25%

total assets

2.4m

+0.13%

cash

636.4k

+79.25%

net assets

Total assets minus all liabilities

hang won hong (leeds) limited company details

company number

06988909

Type

Private limited with Share Capital

industry

47190 - Other retail sale in non-specialised stores

incorporation date

August 2009

age

16

incorporated

UK

ultimate parent company

accounts

Total Exemption Full

last accounts submitted

August 2023

previous names

N/A

accountant

OVERPAIDTAX LIMITED

auditor

-

address

117- 119, vicar lane, leeds, LS1 6PJ

Bank

-

Legal Advisor

-

hang won hong (leeds) 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 5 charges/mortgages relating to hang won hong (leeds) limited. Currently there are 4 open charges and 1 have been satisfied in the past.

hang won hong (leeds) 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 HANG WON HONG (LEEDS) LIMITED. This can take several minutes, an email will notify you when this has completed.

hang won hong (leeds) limited Companies House Filings - See Documents

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