Hereford Finance 2 Ltd

POWER SEARCH PRICING

SOLUTIONS

hereford finance 2 ltd Company Information

Live

EstablishedMicroDeclining

Company Number

07605650

Website

www.herefordcapital.co.uk

Registered Address

07605650 - ch default address, cardiff, CF14 8LH

Industry

Financial management

Telephone

02071833070

Next Accounts Due

March 2025

Group Structure

View All

Directors

Bjorn Gravsholt13 Years

Shareholders

bjorn gravsholt 100%

hereford finance 2 ltd Estimated Valuation

£192.4k

Pomanda estimates the enterprise value of HEREFORD FINANCE 2 LTD at £192.4k based on a Turnover of £318.9k and 0.6x industry multiple (adjusted for size and gross margin).

Edit your figures and get a professional valuation report.

Hereford Finance 2 Ltd is a live company located in cardiff, CF14 8LH with a Companies House number of 07605650. It operates in the financial management sector, SIC Code 70221. Founded in April 2011, it's largest shareholder is bjorn gravsholt with a 100% stake. Hereford Finance 2 Ltd is a established, micro sized company, Pomanda has estimated its turnover at £318.9k with declining growth in recent years.

View Sample

Upgrade for unlimited company reports & a free credit check

Pomanda's financial health check has awarded Hereford Finance 2 Ltd a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 7 areas for improvement. Company Health Check FAQs

Health Rating1.5out of 5

1 Strong

2 Regular

7 Weak

Size

annual sales of £318.9k, make it smaller than the average company (£756k)

Growth

3 year (CAGR) sales growth of -21%, show it is growing at a slower rate (8.5%)

EXPORT

Hereford Finance 2 Ltd's latest turnover from June 2023 is estimated at £318.9 thousand and the company has net assets of -£76.2 thousand. According to their latest financial statements, we estimate that Hereford Finance 2 Ltd has 2 employees and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies House, Pomanda Estimates

	Jun 2023	Jun 2022	Jun 2021	Jun 2020	Jun 2019	Jun 2018	Jun 2017	Jun 2016	Jun 2015	Jun 2014	Apr 2013	Apr 2012
Turnover	318,947	266,900	400,926	642,298	414,902	437,635	505,464	839,657	1,101,524	1,757,121	1,470,297	1,238,698
Other Income Or Grants	0	0	0	0	0	0	0	0	0	0	0	0
Cost Of Sales	221,817	170,745	264,598	445,035	306,556	295,441	342,085	539,992	829,416	1,368,852	1,053,976	903,045
Gross Profit	97,130	96,155	136,328	197,264	108,346	142,195	163,379	299,665	272,108	388,269	416,321	335,653
Admin Expenses	97,897	60,432	209,275	222,805	78,483	141,910	160,454	289,181	343,601	411,386	346,920	335,700
Operating Profit	-767	35,723	-72,947	-25,541	29,863	285	2,925	10,484	-71,493	-23,117	69,401	-47
Interest Payable	0	0	0	0	0	0	0	0	0	0	0	0
Interest Receivable	0	0	0	0	0	0	0	0	0	35	82	47
Pre-Tax Profit	-767	35,723	-72,947	-25,541	29,863	285	2,925	10,484	-71,493	-23,082	69,483	0
Tax	0	-6,787	0	0	-5,674	-54	-556	-2,097	0	0	-15,981	0
Profit After Tax	-767	28,936	-72,947	-25,541	24,189	231	2,369	8,387	-71,493	-23,082	53,502	0
Dividends Paid	0	0	0	0	0	0	0	0	0	0	0	0
Retained Profit	-767	28,936	-72,947	-25,541	24,189	231	2,369	8,387	-71,493	-23,082	53,502	0
Employee Costs	106,237	46,825	81,963	133,552	100,018	111,547	103,915	151,769	153,977	274,353	209,400	254,953
Number Of Employees	2	1	2	3	2	2	2	3	3	5	6	5
EBITDA*	-767	35,723	-72,947	-25,541	29,863	285	2,925	10,484	-71,493	-23,117	69,401	-47

* Earnings Before Interest, Tax, Depreciation and Amortisation

	Jun 2023	Jun 2022	Jun 2021	Jun 2020	Jun 2019	Jun 2018	Jun 2017	Jun 2016	Jun 2015	Jun 2014	Apr 2013	Apr 2012
Tangible Assets	0	0	0	0	0	0	0	0	0	0	0	0
Intangible Assets	0	0	0	0	0	0	0	0	0	0	0	0
Investments & Other	0	0	0	0	0	0	0	0	0	0	0	0
Debtors (Due After 1 year)	0	0	0	0	0	0	0	0	0	0	0	0
Total Fixed Assets	0	0	0	0	0	0	0	0	0	0	0	0
Stock & work in progress	0	0	0	0	0	0	0	0	0	0	0	0
Trade Debtors	176,956	177,812	254,687	386,682	248,685	215,682	234,362	290,324	320,835	456,911	372,710	290,642
Group Debtors	0	0	0	0	0	0	0	0	0	0	0	0
Misc Debtors	0	0	0	0	0	0	0	0	0	0	0	0
Cash	0	0	0	0	0	0	0	1	1	1	14,035	18,715
misc current assets	0	0	0	0	0	0	0	0	0	0	0	0
total current assets	176,956	177,812	254,687	386,682	248,685	215,682	234,362	290,325	320,836	456,912	386,745	309,357
total assets	176,956	177,812	254,687	386,682	248,685	215,682	234,362	290,325	320,836	456,912	386,745	309,357
Bank overdraft	0	0	0	0	0	0	0	0	0	0	0	0
Bank loan	0	0	0	0	0	0	0	0	0	0	0	0
Trade Creditors	253,172	253,261	359,072	418,120	254,582	245,768	264,679	323,010	361,908	426,491	333,242	309,356
Group/Directors Accounts	0	0	0	0	0	0	0	0	0	0	0	0
other short term finances	0	0	0	0	0	0	0	0	0	0	0	0
hp & lease commitments	0	0	0	0	0	0	0	0	0	0	0	0
other current liabilities	0	0	0	0	0	0	0	0	0	0	0	0
total current liabilities	253,172	253,261	359,072	418,120	254,582	245,768	264,679	323,010	361,908	426,491	333,242	309,356
loans	0	0	0	0	0	0	0	0	0	0	0	0
hp & lease commitments	0	0	0	0	0	0	0	0	0	0	0	0
Accruals and Deferred Income	0	0	0	0	0	0	0	0	0	0	0	0
other liabilities	0	0	0	0	0	0	0	0	0	0	0	0
provisions	0	0	0	0	0	0	0	0	0	0	0	0
total long term liabilities	0	0	0	0	0	0	0	0	0	0	0	0
total liabilities	253,172	253,261	359,072	418,120	254,582	245,768	264,679	323,010	361,908	426,491	333,242	309,356
net assets	-76,216	-75,449	-104,385	-31,438	-5,897	-30,086	-30,317	-32,685	-41,072	30,421	53,503	1
total shareholders funds	-76,216	-75,449	-104,385	-31,438	-5,897	-30,086	-30,317	-32,685	-41,072	30,421	53,503	1

	Jun 2023	Jun 2022	Jun 2021	Jun 2020	Jun 2019	Jun 2018	Jun 2017	Jun 2016	Jun 2015	Jun 2014	Apr 2013	Apr 2012
Operating Activities
Operating Profit	-767	35,723	-72,947	-25,541	29,863	285	2,925	10,484	-71,493	-23,117	69,401	-47
Depreciation	0	0	0	0	0	0	0	0	0	0	0	0
Amortisation	0	0	0	0	0	0	0	0	0	0	0	0
Tax	0	-6,787	0	0	-5,674	-54	-556	-2,097	0	0	-15,981	0
Stock	0	0	0	0	0	0	0	0	0	0	0	0
Debtors	-856	-76,875	-131,995	137,997	33,003	-18,680	-55,962	-30,511	-136,076	84,201	82,068	290,642
Creditors	-89	-105,811	-59,048	163,538	8,814	-18,911	-58,331	-38,898	-64,583	93,249	23,886	309,356
Accruals and Deferred Income	0	0	0	0	0	0	0	0	0	0	0	0
Deferred Taxes & Provisions	0	0	0	0	0	0	0	0	0	0	0	0
Cash flow from operations	0	0	0	0	0	0	0	0	0	-14,069	-4,762	18,667
Investing Activities
capital expenditure	0	0	0	0	0	0	0	0	0	0	0	0
Change in Investments	0	0	0	0	0	0	0	0	0	0	0	0
cash flow from investments	0	0	0	0	0	0	0	0	0	0	0	0
Financing Activities
Bank loans	0	0	0	0	0	0	0	0	0	0	0	0
Group/Directors Accounts	0	0	0	0	0	0	0	0	0	0	0	0
Other Short Term Loans	0	0	0	0	0	0	0	0	0	0	0	0
Long term loans	0	0	0	0	0	0	0	0	0	0	0	0
Hire Purchase and Lease Commitments	0	0	0	0	0	0	0	0	0	0	0	0
other long term liabilities	0	0	0	0	0	0	0	0	0	0	0	0
share issue	0	0	0	0	0	0	-1	0	0	0	0	1
interest	0	0	0	0	0	0	0	0	0	35	82	47
cash flow from financing	0	0	0	0	0	0	-1	0	0	35	82	48
cash and cash equivalents
cash	0	0	0	0	0	0	-1	0	0	-14,034	-4,680	18,715
overdraft	0	0	0	0	0	0	0	0	0	0	0	0
change in cash	0	0	0	0	0	0	-1	0	0	-14,034	-4,680	18,715

Very Low Risk70 - 100

Low Risk50 - 70

Moderate Risk30 - 50

High Risk20 - 30

Very High Risk0 - 20

Get a comprehensive credit check for hereford finance 2 ltd. Get real-time insights into hereford finance 2 ltd's credit score, group structure and payment trends.

From as little as £6.99

This will not impact your credit rating!

View Credit Report Sample

Perform a competitor analysis for hereford finance 2 ltd by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other micro companies, companies in CF14 area or any other competitors across 12 key performance metrics.

HEREFORD FINANCE 2 LTD group structure

Hereford Finance 2 Ltd has no subsidiary companies.

Ultimate parent company

HEREFORD FINANCE 2 LTD

07605650

HEREFORD FINANCE 2 LTD Shareholders

bjorn gravsholt

100%

Hereford Finance 2 Ltd currently has 1 director, Mr Bjorn Gravsholt serving since Apr 2011.

officer	country	age	start	end	role
Mr Bjorn Gravsholt		49 years	Apr 2011	-	Director

P&L

June 2023

turnover

318.9k

+20%

operating profit

-767

gross margin

30.5%

-15.47%

turnover

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

Balance Sheet

June 2023

net assets

-76.2k

+0.01%

total assets

177k

cash

net assets

Total assets minus all liabilities

Similar Companies

icba limited

0.5

marchmont fm limited

4.5

jnh investment limited

chronograph finance limited

lima consulting ltd

3.5

company number

07605650

Type

Private limited with Share Capital

industry

70221 - Financial management

incorporation date

April 2011

accounts

Micro-Entity Accounts

ultimate parent company

None

previous names

N/A

last accounts submitted

June 2023

address

07605650 - ch default address, cardiff, CF14 8LH

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 hereford finance 2 ltd.

hereford finance 2 ltd Company Information

hereford finance 2 ltd Estimated Valuation

hereford finance 2 ltd Estimated Valuation

hereford finance 2 ltd Estimated Valuation

Hereford Finance 2 Ltd Overview

Hereford Finance 2 Ltd Health Check

HEREFORD FINANCE 2 LTD financials

hereford finance 2 ltd Credit Report and Business Information

Hereford Finance 2 Ltd Competitor Analysis

hereford finance 2 ltd Ownership

hereford finance 2 ltd directors

hereford finance 2 ltd company details

hereford finance 2 ltd Charges & Mortgages

hereford finance 2 ltd Companies House Filings - See Documents