hg lettings limited Company Information
Company Number
07699222
Website
hgpremierlettings.co.ukRegistered Address
69 belmont road, london, SE25 4QG
Industry
Real estate agencies
Telephone
02086631761
Next Accounts Due
April 2025
Group Structure
View All
Shareholders
james william hugh gough 50%
lucy hopkins 50%
hg lettings limited Estimated Valuation
Pomanda estimates the enterprise value of HG LETTINGS LIMITED at £524.6k based on a Turnover of £390.1k and 1.34x industry multiple (adjusted for size and gross margin).
hg lettings limited Estimated Valuation
Pomanda estimates the enterprise value of HG LETTINGS LIMITED at £0 based on an EBITDA of £-106.2k and a 5.22x industry multiple (adjusted for size and gross margin).
hg lettings limited Estimated Valuation
Pomanda estimates the enterprise value of HG LETTINGS LIMITED at £111.3k based on Net Assets of £58.4k and 1.91x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Hg Lettings Limited Overview
Hg Lettings Limited is a live company located in london, SE25 4QG with a Companies House number of 07699222. It operates in the real estate agencies sector, SIC Code 68310. Founded in July 2011, it's largest shareholder is james william hugh gough with a 50% stake. Hg Lettings Limited is a established, micro sized company, Pomanda has estimated its turnover at £390.1k with declining growth in recent years.
Upgrade for unlimited company reports & a free credit check
Hg Lettings Limited Health Check
Pomanda's financial health check has awarded Hg Lettings Limited 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
1 Strong
2 Regular
7 Weak
Size
annual sales of £390.1k, make it smaller than the average company (£1.2m)
- Hg Lettings Limited
£1.2m - Industry AVG
Growth
3 year (CAGR) sales growth of -13%, show it is growing at a slower rate (5%)
- Hg Lettings Limited
5% - Industry AVG
Production
with a gross margin of 37.3%, this company has a higher cost of product (80.9%)
- Hg Lettings Limited
80.9% - Industry AVG
Profitability
an operating margin of -27.2% make it less profitable than the average company (8.5%)
- Hg Lettings Limited
8.5% - Industry AVG
Employees
with 8 employees, this is below the industry average (15)
8 - Hg Lettings Limited
15 - Industry AVG
Pay Structure
on an average salary of £37.1k, the company has an equivalent pay structure (£37.1k)
- Hg Lettings Limited
£37.1k - Industry AVG
Efficiency
resulting in sales per employee of £48.8k, this is less efficient (£77.8k)
- Hg Lettings Limited
£77.8k - Industry AVG
Debtor Days
it gets paid by customers after 116 days, this is later than average (32 days)
- Hg Lettings Limited
32 days - Industry AVG
Creditor Days
its suppliers are paid after 125 days, this is slower than average (41 days)
- Hg Lettings Limited
41 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Hg Lettings Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Hg Lettings Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 64.7%, this is a similar level of debt than the average (62.4%)
64.7% - Hg Lettings Limited
62.4% - Industry AVG
HG LETTINGS LIMITED financials
Hg Lettings Limited's latest turnover from July 2023 is estimated at £390.1 thousand and the company has net assets of £58.4 thousand. According to their latest financial statements, Hg Lettings Limited has 8 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
Jul 2023 | Jul 2022 | Jul 2021 | Jul 2020 | Jul 2019 | Jul 2018 | Jul 2017 | Jul 2016 | Jul 2015 | Jul 2014 | Jul 2013 | Jul 2012 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
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 | 8 | 8 | 8 | 7 | 4 | 4 | 5 | 5 | ||||
EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
Jul 2023 | Jul 2022 | Jul 2021 | Jul 2020 | Jul 2019 | Jul 2018 | Jul 2017 | Jul 2016 | Jul 2015 | Jul 2014 | Jul 2013 | Jul 2012 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Tangible Assets | 40,986 | 52,552 | 44,278 | 53,147 | 71,157 | 97,150 | 15,633 | 5,024 | 5,983 | 7,107 | 268 | 250 |
Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 3,300 | 6,600 | 9,900 | 13,200 |
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 | 40,986 | 52,552 | 44,278 | 53,147 | 71,157 | 97,150 | 15,633 | 5,024 | 9,283 | 13,707 | 10,168 | 13,450 |
Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Trade Debtors | 124,190 | 231,544 | 359,706 | 184,980 | 105,304 | 52,883 | 29,422 | 13,099 | 7,054 | 4,153 | 1,027 | 934 |
Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Misc Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 6,097 | 1,887 | 0 | 0 | 0 |
Cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 20,094 | 24,384 | 15,458 | 6,975 | 3,275 |
misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total current assets | 124,190 | 231,544 | 359,706 | 184,980 | 105,304 | 52,883 | 29,422 | 39,290 | 33,325 | 19,611 | 8,002 | 4,209 |
total assets | 165,176 | 284,096 | 403,984 | 238,127 | 176,461 | 150,033 | 45,055 | 44,314 | 42,608 | 33,318 | 18,170 | 17,659 |
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 | 84,275 | 87,896 | 112,768 | 111,489 | 87,793 | 86,751 | 36,431 | 38,049 | 23,884 | 11,418 | 38,436 | 36,825 |
Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 19,642 | 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 | 84,275 | 87,896 | 112,768 | 111,489 | 87,793 | 86,751 | 36,431 | 38,049 | 23,884 | 31,060 | 38,436 | 36,825 |
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 | 22,550 | 31,667 | 62,437 | 40,369 | 58,535 | 56,548 | 0 | 0 | 0 | 0 | 0 | 0 |
provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1,005 | 1,197 | 485 | 0 | 0 |
total long term liabilities | 22,550 | 31,667 | 62,437 | 40,369 | 58,535 | 56,548 | 0 | 1,005 | 1,197 | 485 | 0 | 0 |
total liabilities | 106,825 | 119,563 | 175,205 | 151,858 | 146,328 | 143,299 | 36,431 | 39,054 | 25,081 | 31,545 | 38,436 | 36,825 |
net assets | 58,351 | 164,533 | 228,779 | 86,269 | 30,133 | 6,734 | 8,624 | 5,260 | 17,527 | 1,773 | -20,266 | -19,166 |
total shareholders funds | 58,351 | 164,533 | 228,779 | 86,269 | 30,133 | 6,734 | 8,624 | 5,260 | 17,527 | 1,773 | -20,266 | -19,166 |
Jul 2023 | Jul 2022 | Jul 2021 | Jul 2020 | Jul 2019 | Jul 2018 | Jul 2017 | Jul 2016 | Jul 2015 | Jul 2014 | Jul 2013 | Jul 2012 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Operating Activities | ||||||||||||
Operating Profit | ||||||||||||
Depreciation | 3,510 | 2,955 | 2,094 | 103 | 54 | |||||||
Amortisation | 3,300 | 3,300 | 3,300 | 3,300 | 3,300 | |||||||
Tax | ||||||||||||
Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Debtors | -107,354 | -128,162 | 174,726 | 79,676 | 52,421 | 23,461 | 10,226 | 10,255 | 4,788 | 3,126 | 93 | 934 |
Creditors | -3,621 | -24,872 | 1,279 | 23,696 | 1,042 | 50,320 | -1,618 | 14,165 | 12,466 | -27,018 | 1,611 | 36,825 |
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 | -1,005 | -192 | 712 | 485 | 0 | 0 |
Cash flow from operations | ||||||||||||
Investing Activities | ||||||||||||
capital expenditure | ||||||||||||
Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
cash flow from investments | ||||||||||||
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 | -19,642 | 19,642 | 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 | -9,117 | -30,770 | 22,068 | -18,166 | 1,987 | 56,548 | 0 | 0 | 0 | 0 | 0 | 0 |
share issue | ||||||||||||
interest | ||||||||||||
cash flow from financing | ||||||||||||
cash and cash equivalents | ||||||||||||
cash | 0 | 0 | 0 | 0 | 0 | 0 | -20,094 | -4,290 | 8,926 | 8,483 | 3,700 | 3,275 |
overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
change in cash | 0 | 0 | 0 | 0 | 0 | 0 | -20,094 | -4,290 | 8,926 | 8,483 | 3,700 | 3,275 |
hg lettings limited Credit Report and Business Information
Hg Lettings Limited Competitor Analysis
Perform a competitor analysis for hg lettings limited by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other micro companies, companies in SE25 area or any other competitors across 12 key performance metrics.
hg lettings limited Ownership
HG LETTINGS LIMITED group structure
Hg Lettings Limited has no subsidiary companies.
Ultimate parent company
HG LETTINGS LIMITED
07699222
hg lettings limited directors
Hg Lettings Limited currently has 2 directors. The longest serving directors include Mr James Gough (Jul 2011) and Ms Lucy Hopkins (Feb 2014).
officer | country | age | start | end | role |
---|---|---|---|---|---|
Mr James Gough | England | 42 years | Jul 2011 | - | Director |
Ms Lucy Hopkins | England | 42 years | Feb 2014 | - | Director |
P&L
July 2023turnover
390.1k
-38%
operating profit
-106.2k
0%
gross margin
37.3%
-18.89%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
July 2023net assets
58.4k
-0.65%
total assets
165.2k
-0.42%
cash
0
0%
net assets
Total assets minus all liabilities
hg lettings limited company details
company number
07699222
Type
Private limited with Share Capital
industry
68310 - Real estate agencies
incorporation date
July 2011
age
13
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
July 2023
previous names
N/A
accountant
TC GROUP
auditor
-
address
69 belmont road, london, SE25 4QG
Bank
-
Legal Advisor
-
hg lettings 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 did not find charges/mortgages relating to hg lettings limited.
hg lettings limited Companies House Filings - See Documents
date | description | view/download |
---|