higgins entertainment ltd Company Information
Group Structure
View All
Industry
Public houses and bars
Registered Address
7 redbridge lane east, ilford, IG4 5ET
higgins entertainment ltd Estimated Valuation
Pomanda estimates the enterprise value of HIGGINS ENTERTAINMENT LTD at £399.9k based on a Turnover of £661.2k and 0.6x industry multiple (adjusted for size and gross margin).
higgins entertainment ltd Estimated Valuation
Pomanda estimates the enterprise value of HIGGINS ENTERTAINMENT LTD at £0 based on an EBITDA of £-2.4m and a 4.25x industry multiple (adjusted for size and gross margin).
higgins entertainment ltd Estimated Valuation
Pomanda estimates the enterprise value of HIGGINS ENTERTAINMENT LTD at £0 based on Net Assets of £-434.3k and 1.93x industry multiple (adjusted for liquidity).
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Higgins Entertainment Ltd Overview
Higgins Entertainment Ltd is a live company located in ilford, IG4 5ET with a Companies House number of 07288584. It operates in the public houses and bars sector, SIC Code 56302. Founded in June 2010, it's largest shareholder is shmail khan with a 100% stake. Higgins Entertainment Ltd is a established, small sized company, Pomanda has estimated its turnover at £661.2k with high growth in recent years.
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Higgins Entertainment Ltd Health Check
Pomanda's financial health check has awarded Higgins Entertainment Ltd a 2.5 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 5 areas for improvement. Company Health Check FAQs


1 Strong

6 Regular

5 Weak

Size
annual sales of £661.2k, make it in line with the average company (£673k)
- Higgins Entertainment Ltd
£673k - Industry AVG

Growth
3 year (CAGR) sales growth of 27%, show it is growing at a faster rate (12%)
- Higgins Entertainment Ltd
12% - Industry AVG

Production
with a gross margin of 59.1%, this company has a comparable cost of product (59.1%)
- Higgins Entertainment Ltd
59.1% - Industry AVG

Profitability
an operating margin of -356.3% make it less profitable than the average company (6.4%)
- Higgins Entertainment Ltd
6.4% - Industry AVG

Employees
with 13 employees, this is similar to the industry average (16)
13 - Higgins Entertainment Ltd
16 - Industry AVG

Pay Structure
on an average salary of £15.9k, the company has an equivalent pay structure (£15.9k)
- Higgins Entertainment Ltd
£15.9k - Industry AVG

Efficiency
resulting in sales per employee of £50.9k, this is equally as efficient (£52.5k)
- Higgins Entertainment Ltd
£52.5k - Industry AVG

Debtor Days
it gets paid by customers after 14 days, this is later than average (8 days)
- Higgins Entertainment Ltd
8 days - Industry AVG

Creditor Days
its suppliers are paid after 10 days, this is quicker than average (50 days)
- Higgins Entertainment Ltd
50 days - Industry AVG

Stock Days
it holds stock equivalent to 15 days, this is in line with average (16 days)
- Higgins Entertainment Ltd
16 days - Industry AVG

Cash Balance
has cash to cover current liabilities for 3 weeks, this is less cash available to meet short term requirements (14 weeks)
3 weeks - Higgins Entertainment Ltd
14 weeks - Industry AVG

Debt Level
it has a ratio of liabilities to total assets of 273.5%, this is a higher level of debt than the average (75.1%)
273.5% - Higgins Entertainment Ltd
75.1% - Industry AVG
HIGGINS ENTERTAINMENT LTD financials

Higgins Entertainment Ltd's latest turnover from December 2023 is estimated at £661.2 thousand and the company has net assets of -£434.3 thousand. According to their latest financial statements, Higgins Entertainment Ltd has 13 employees and maintains cash reserves of £45.6 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Oct 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 | 13 | 9 | 9 | 11 | 23 | 24 | 27 | 25 | 26 | |||||
EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Oct 2010 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Tangible Assets | 26,922 | 29,924 | 33,290 | 11,378 | 14,223 | 14,503 | 18,128 | 38,352 | 55,925 | 74,644 | 87,054 | 103,290 | 106,543 | |
Intangible Assets | 450 | 900 | 1,350 | 1,800 | 2,250 | 2,700 | 3,150 | 3,600 | 4,050 | |||||
Investments & Other | ||||||||||||||
Debtors (Due After 1 year) | ||||||||||||||
Total Fixed Assets | 26,922 | 29,924 | 33,290 | 11,378 | 14,673 | 15,403 | 19,478 | 40,152 | 58,175 | 77,344 | 90,204 | 106,890 | 110,593 | |
Stock & work in progress | 11,601 | 17,246 | 19,253 | 21,302 | 18,971 | 16,346 | 20,177 | 21,002 | 16,573 | 11,975 | 10,218 | 8,680 | ||
Trade Debtors | 26,080 | 16,298 | 1,922,043 | 931,784 | 380,224 | 70,547 | 63,211 | |||||||
Group Debtors | ||||||||||||||
Misc Debtors | 140,072 | 2,067,927 | 4,861,603 | 4,947,744 | 5,417,320 | 5,008,131 | 3,340,907 | 2,384,901 | ||||||
Cash | 45,630 | 88,086 | 613,754 | 14,378 | 435,534 | 238,267 | 760,437 | 714,257 | 295,284 | 581,759 | 188,858 | 103,921 | 86,054 | 1 |
misc current assets | ||||||||||||||
total current assets | 223,383 | 2,189,557 | 5,494,610 | 4,962,122 | 5,874,156 | 5,265,369 | 4,117,690 | 3,119,335 | 2,238,329 | 1,530,116 | 581,057 | 184,686 | 157,945 | 1 |
total assets | 250,305 | 2,219,481 | 5,527,900 | 4,973,500 | 5,888,829 | 5,280,772 | 4,137,168 | 3,159,487 | 2,296,504 | 1,607,460 | 671,261 | 291,576 | 268,538 | 1 |
Bank overdraft | 4 | |||||||||||||
Bank loan | ||||||||||||||
Trade Creditors | 7,570 | 11,499 | 214 | 9,209 | 31,739 | 21,818 | 17,440 | 395,822 | 364,596 | 185,136 | 197,004 | 98,126 | ||
Group/Directors Accounts | 493,972 | 155,597 | ||||||||||||
other short term finances | ||||||||||||||
hp & lease commitments | ||||||||||||||
other current liabilities | 181,614 | 299,316 | 96,960 | 147,903 | 331,333 | 617,391 | 357,973 | 358,684 | ||||||
total current liabilities | 683,160 | 299,316 | 108,459 | 148,117 | 340,542 | 649,130 | 379,791 | 376,124 | 395,822 | 364,596 | 185,136 | 197,004 | 253,723 | |
loans | ||||||||||||||
hp & lease commitments | ||||||||||||||
Accruals and Deferred Income | ||||||||||||||
other liabilities | ||||||||||||||
provisions | 1,456 | 1,821 | 1,730 | 2,162 | 2,659 | 2,422 | 3,082 | 4,447 | ||||||
total long term liabilities | 1,456 | 1,821 | 1,730 | 2,162 | 2,659 | 2,422 | 3,082 | 4,447 | ||||||
total liabilities | 684,616 | 301,137 | 110,189 | 150,279 | 343,201 | 651,552 | 382,873 | 380,571 | 395,822 | 364,596 | 185,136 | 197,004 | 253,723 | |
net assets | -434,311 | 1,918,344 | 5,417,711 | 4,823,221 | 5,545,628 | 4,629,220 | 3,754,295 | 2,778,916 | 1,900,682 | 1,242,864 | 486,125 | 94,572 | 14,815 | 1 |
total shareholders funds | -434,311 | 1,918,344 | 5,417,711 | 4,823,221 | 5,545,628 | 4,629,220 | 3,754,295 | 2,778,916 | 1,900,682 | 1,242,864 | 486,125 | 94,572 | 14,815 | 1 |
Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Oct 2010 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Operating Activities | ||||||||||||||
Operating Profit | ||||||||||||||
Depreciation | 3,002 | 3,366 | 3,821 | 2,845 | 3,556 | 3,625 | 20,649 | 21,676 | 22,039 | 23,128 | 21,764 | 21,793 | 18,577 | |
Amortisation | 450 | 450 | 450 | 450 | 450 | 450 | 450 | 450 | 450 | 450 | ||||
Tax | ||||||||||||||
Stock | -5,645 | -2,007 | 19,253 | -21,302 | 2,331 | 2,625 | -3,831 | -825 | 4,429 | 4,598 | 1,757 | 1,538 | 8,680 | |
Debtors | -1,918,073 | -2,777,378 | -86,141 | -469,576 | 409,189 | 1,667,224 | 956,006 | 462,858 | 990,259 | 551,560 | 309,677 | 7,336 | 63,211 | |
Creditors | 7,570 | -11,499 | 11,285 | -8,995 | -22,530 | 9,921 | 4,378 | -378,382 | 31,226 | 179,460 | -11,868 | 98,878 | 98,126 | |
Accruals and Deferred Income | -117,702 | 202,356 | -50,943 | -183,430 | -286,058 | 259,418 | -711 | 358,684 | ||||||
Deferred Taxes & Provisions | -365 | 91 | -432 | -497 | 237 | -660 | -1,365 | 4,447 | ||||||
Cash flow from operations | ||||||||||||||
Investing Activities | ||||||||||||||
capital expenditure | ||||||||||||||
Change in Investments | ||||||||||||||
cash flow from investments | ||||||||||||||
Financing Activities | ||||||||||||||
Bank loans | ||||||||||||||
Group/Directors Accounts | 493,972 | -155,597 | 155,597 | |||||||||||
Other Short Term Loans | ||||||||||||||
Long term loans | ||||||||||||||
Hire Purchase and Lease Commitments | ||||||||||||||
other long term liabilities | ||||||||||||||
share issue | ||||||||||||||
interest | ||||||||||||||
cash flow from financing | ||||||||||||||
cash and cash equivalents | ||||||||||||||
cash | -42,456 | -525,668 | 599,376 | -421,156 | 197,267 | -522,170 | 46,180 | 418,973 | -286,475 | 392,901 | 84,937 | 17,867 | 86,053 | 1 |
overdraft | 4 | |||||||||||||
change in cash | -42,460 | -525,668 | 599,376 | -421,156 | 197,267 | -522,170 | 46,180 | 418,973 | -286,475 | 392,901 | 84,937 | 17,867 | 86,053 | 1 |
higgins entertainment ltd Credit Report and Business Information
Higgins Entertainment Ltd Competitor Analysis

Perform a competitor analysis for higgins entertainment ltd by selecting its closest rivals, whether from the ACCOMMODATION AND FOOD SERVICE ACTIVITIES sector, other small companies, companies in IG4 area or any other competitors across 12 key performance metrics.
higgins entertainment ltd Ownership
HIGGINS ENTERTAINMENT LTD group structure
Higgins Entertainment Ltd has no subsidiary companies.
Ultimate parent company
HIGGINS ENTERTAINMENT LTD
07288584
higgins entertainment ltd directors
Higgins Entertainment Ltd currently has 2 directors. The longest serving directors include Mr Shmile Khan (Jun 2010) and Mr Shmile Khan (Jun 2010).
officer | country | age | start | end | role |
---|---|---|---|---|---|
Mr Shmile Khan | England | 41 years | Jun 2010 | - | Director |
Mr Shmile Khan | United Kingdom | 41 years | Jun 2010 | - | Director |
P&L
December 2023turnover
661.2k
+43%
operating profit
-2.4m
0%
gross margin
59.1%
-0.64%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
-434.3k
-1.23%
total assets
250.3k
-0.89%
cash
45.6k
-0.48%
net assets
Total assets minus all liabilities
higgins entertainment ltd company details
company number
07288584
Type
Private limited with Share Capital
industry
56302 - Public houses and bars
incorporation date
June 2010
age
15
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
December 2023
previous names
N/A
accountant
-
auditor
-
address
7 redbridge lane east, ilford, IG4 5ET
Bank
-
Legal Advisor
-
higgins entertainment ltd 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 higgins entertainment ltd. Currently there are 1 open charges and 0 have been satisfied in the past.
higgins entertainment ltd 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 HIGGINS ENTERTAINMENT LTD. This can take several minutes, an email will notify you when this has completed.
higgins entertainment ltd Companies House Filings - See Documents
date | description | view/download |
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