hang won hong (leeds) limited Company Information
Group Structure
View All
Industry
Other retail sale in non-specialised stores
Registered Address
117- 119, vicar lane, leeds, LS1 6PJ
Website
www.hangsinghong.comhang won hong (leeds) limited Estimated Valuation
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
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
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


8 Strong

3 Regular

1 Weak

Size
annual sales of £1.9m, make it larger than the average company (£984.1k)
- Hang Won Hong (leeds) Limited
£984.1k - Industry AVG

Growth
3 year (CAGR) sales growth of 13%, show it is growing at a faster rate (4%)
- Hang Won Hong (leeds) Limited
4% - Industry AVG

Production
with a gross margin of 43.1%, this company has a comparable cost of product (43.1%)
- Hang Won Hong (leeds) Limited
43.1% - Industry AVG

Profitability
an operating margin of 18.8% make it more profitable than the average company (4.8%)
- Hang Won Hong (leeds) Limited
4.8% - Industry AVG

Employees
with 41 employees, this is above the industry average (25)
41 - Hang Won Hong (leeds) Limited
25 - Industry AVG

Pay Structure
on an average salary of £19.2k, the company has an equivalent pay structure (£19.2k)
- Hang Won Hong (leeds) Limited
£19.2k - Industry AVG

Efficiency
resulting in sales per employee of £47k, this is less efficient (£92.3k)
- Hang Won Hong (leeds) Limited
£92.3k - Industry AVG

Debtor Days
it gets paid by customers after 12 days, this is near the average (12 days)
- Hang Won Hong (leeds) Limited
12 days - Industry AVG

Creditor Days
its suppliers are paid after 50 days, this is slower than average (35 days)
- Hang Won Hong (leeds) Limited
35 days - Industry AVG

Stock Days
it holds stock equivalent to 68 days, this is less than average (86 days)
- Hang Won Hong (leeds) Limited
86 days - Industry AVG

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

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

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 House, Pomanda Estimates
Aug 2023 | Aug 2022 | Aug 2021 | Aug 2020 | Aug 2019 | Aug 2018 | Aug 2017 | Aug 2016 | Aug 2015 | Aug 2014 | Aug 2013 | Aug 2012 | Aug 2011 | Aug 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 | 41 | 34 | 30 | 28 | 26 | |||||||||
EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
Aug 2023 | Aug 2022 | Aug 2021 | Aug 2020 | Aug 2019 | Aug 2018 | Aug 2017 | Aug 2016 | Aug 2015 | Aug 2014 | Aug 2013 | Aug 2012 | Aug 2011 | Aug 2010 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Tangible Assets | 513,013 | 527,477 | 282,159 | 146,115 | 5,437 | 7,019 | 27,362 | 44,593 | 64,936 | 61,686 | 66,324 | 80,537 | 90,751 | 101,470 |
Intangible Assets | 11,437 | 22,875 | 34,312 | 75,000 | 150,000 | 225,000 | ||||||||
Investments & Other | 959,856 | 959,856 | 959,856 | 959,856 | 959,856 | 432,163 | 150,000 | |||||||
Debtors (Due After 1 year) | 63,200 | 63,200 | 63,200 | 63,200 | ||||||||||
Total Fixed Assets | 1,472,869 | 1,487,333 | 1,242,015 | 1,105,971 | 1,028,493 | 502,382 | 251,999 | 130,668 | 99,248 | 61,686 | 66,324 | 155,537 | 240,751 | 326,470 |
Stock & work in progress | 205,000 | 618,022 | 501,800 | 305,000 | 250,000 | 200,500 | 280,000 | 285,000 | 315,000 | 285,000 | 282,805 | 301,624 | 280,702 | 285,909 |
Trade Debtors | 67,827 | 67,981 | 72,648 | 63,200 | 138,824 | 100,309 | 120,438 | |||||||
Group Debtors | ||||||||||||||
Misc Debtors | 31,776 | 24,551 | 55,884 | 51,608 | 38,872 | 10,465 | ||||||||
Cash | 636,442 | 7,931 | 57,287 | 53,385 | 13,521 | 118,551 | 17,694 | 162,825 | 74,452 | 54,621 | 78,094 | 58,467 | 68,801 | 10,249 |
misc current assets | ||||||||||||||
total current assets | 941,045 | 650,504 | 559,087 | 358,385 | 319,405 | 370,659 | 336,566 | 458,290 | 457,433 | 412,269 | 424,099 | 498,915 | 449,812 | 416,596 |
total assets | 2,413,914 | 2,137,837 | 1,801,102 | 1,464,356 | 1,347,898 | 873,041 | 588,565 | 588,958 | 556,681 | 473,955 | 490,423 | 654,452 | 690,563 | 743,066 |
Bank overdraft | 27,820 | 33,407 | 29,177 | 244,230 | 290,312 | 18,161 | ||||||||
Bank loan | ||||||||||||||
Trade Creditors | 151,657 | 135,792 | 503,139 | 119,034 | 134,922 | 272,307 | 150,805 | 230,888 | 240,962 | 139,995 | 391,444 | 571,199 | 532,326 | 592,342 |
Group/Directors Accounts | ||||||||||||||
other short term finances | ||||||||||||||
hp & lease commitments | ||||||||||||||
other current liabilities | 196,299 | 126,735 | 123,170 | 172,710 | 218,683 | 102,544 | 78,337 | 19,883 | ||||||
total current liabilities | 375,776 | 295,934 | 655,486 | 535,974 | 643,917 | 374,851 | 229,142 | 250,771 | 240,962 | 139,995 | 391,444 | 571,199 | 532,326 | 610,503 |
loans | 47,752 | 125,669 | 159,075 | 2,000 | 2,000 | 2,000 | 2,000 | 12,000 | 63,537 | |||||
hp & lease commitments | ||||||||||||||
Accruals and Deferred Income | ||||||||||||||
other liabilities | 638,023 | 638,022 | 200,000 | 200,000 | 205,437 | 200,000 | 200,000 | 200,000 | 272,507 | 272,676 | 70,000 | 65,173 | 118,362 | |
provisions | ||||||||||||||
total long term liabilities | 685,775 | 763,691 | 359,075 | 202,000 | 207,437 | 202,000 | 202,000 | 212,000 | 272,507 | 272,676 | 70,000 | 65,173 | 118,362 | 63,537 |
total liabilities | 1,061,551 | 1,059,625 | 1,014,561 | 737,974 | 851,354 | 576,851 | 431,142 | 462,771 | 513,469 | 412,671 | 461,444 | 636,372 | 650,688 | 674,040 |
net assets | 1,352,363 | 1,078,212 | 786,541 | 726,382 | 496,544 | 296,190 | 157,423 | 126,187 | 43,212 | 61,284 | 28,979 | 18,080 | 39,875 | 69,026 |
total shareholders funds | 1,352,363 | 1,078,212 | 786,541 | 726,382 | 496,544 | 296,190 | 157,423 | 126,187 | 43,212 | 61,284 | 28,979 | 18,080 | 39,875 | 69,026 |
Aug 2023 | Aug 2022 | Aug 2021 | Aug 2020 | Aug 2019 | Aug 2018 | Aug 2017 | Aug 2016 | Aug 2015 | Aug 2014 | Aug 2013 | Aug 2012 | Aug 2011 | Aug 2010 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Operating Activities | ||||||||||||||
Operating Profit | ||||||||||||||
Depreciation | 63,241 | 63,710 | 29,034 | 16,206 | 7,019 | 20,343 | 18,026 | 20,343 | 16,410 | 18,629 | 14,213 | 14,213 | 16,014 | 17,906 |
Amortisation | 11,437 | 11,438 | 11,437 | 11,438 | 75,000 | 75,000 | 75,000 | 75,000 | ||||||
Tax | ||||||||||||||
Stock | -413,022 | 116,222 | 196,800 | 55,000 | 49,500 | -79,500 | -5,000 | -30,000 | 30,000 | 2,195 | -18,819 | 20,922 | -5,207 | 285,909 |
Debtors | 75,052 | 24,551 | -119,084 | 4,276 | 12,736 | 28,407 | 5,684 | -4,667 | 9,448 | -75,624 | 38,515 | -20,129 | 120,438 | |
Creditors | 15,865 | -367,347 | 384,105 | -15,888 | -137,385 | 121,502 | -80,083 | -10,074 | 100,967 | -251,449 | -179,755 | 38,873 | -60,016 | 592,342 |
Accruals and Deferred Income | 69,564 | 3,565 | -49,540 | -45,973 | 116,139 | 24,207 | 58,454 | 19,883 | ||||||
Deferred Taxes & Provisions | ||||||||||||||
Cash flow from operations | ||||||||||||||
Investing Activities | ||||||||||||||
capital expenditure | ||||||||||||||
Change in Investments | 527,693 | 282,163 | 150,000 | |||||||||||
cash flow from investments | ||||||||||||||
Financing Activities | ||||||||||||||
Bank loans | ||||||||||||||
Group/Directors Accounts | ||||||||||||||
Other Short Term Loans | ||||||||||||||
Long term loans | -77,917 | -33,406 | 157,075 | -10,000 | 12,000 | -63,537 | 63,537 | |||||||
Hire Purchase and Lease Commitments | ||||||||||||||
other long term liabilities | 1 | 438,022 | -5,437 | 5,437 | -72,507 | -169 | 202,676 | 4,827 | -53,189 | 118,362 | ||||
share issue | ||||||||||||||
interest | ||||||||||||||
cash flow from financing | ||||||||||||||
cash and cash equivalents | ||||||||||||||
cash | 628,511 | -49,356 | 3,902 | 39,864 | -105,030 | 100,857 | -145,131 | 88,373 | 19,831 | -23,473 | 19,627 | -10,334 | 58,552 | 10,249 |
overdraft | -5,587 | 4,230 | -215,053 | -46,082 | 290,312 | -18,161 | 18,161 | |||||||
change in cash | 634,098 | -53,586 | 218,955 | 85,946 | -395,342 | 100,857 | -145,131 | 88,373 | 19,831 | -23,473 | 19,627 | -10,334 | 76,713 | -7,912 |
hang won hong (leeds) limited Credit Report and Business Information
Hang Won Hong (leeds) Limited Competitor Analysis

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.
hang won hong (leeds) limited directors
Hang Won Hong (Leeds) Limited currently has 1 director, Mr Youfeng Jiang serving since Jan 2013.
officer | country | age | start | end | role |
---|---|---|---|---|---|
Mr Youfeng Jiang | England | 42 years | Jan 2013 | - | Director |
P&L
August 2023turnover
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 2023net 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
date | description | view/download |
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