hannides & co limited
hannides & co limited Company Information
Company Number
07703382
Website
hannides-southampton.co.ukRegistered Address
43-45 shirley high street, shirley, southampton, SO15 3UN
Industry
Solicitors
Telephone
02380786770
Next Accounts Due
December 2024
Group Structure
View All
Shareholders
nicolas michael hannides 100%
hannides & co limited Estimated Valuation
Pomanda estimates the enterprise value of HANNIDES & CO LIMITED at £314.8k based on a Turnover of £693.5k and 0.45x industry multiple (adjusted for size and gross margin).
hannides & co limited Estimated Valuation
Pomanda estimates the enterprise value of HANNIDES & CO LIMITED at £71.5k based on an EBITDA of £24k and a 2.98x industry multiple (adjusted for size and gross margin).
hannides & co limited Estimated Valuation
Pomanda estimates the enterprise value of HANNIDES & CO LIMITED at £96.7k based on Net Assets of £335.6k and 0.29x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Hannides & Co Limited Overview
Hannides & Co Limited is a live company located in southampton, SO15 3UN with a Companies House number of 07703382. It operates in the solicitors sector, SIC Code 69102. Founded in July 2011, it's largest shareholder is nicolas michael hannides with a 100% stake. Hannides & Co Limited is a established, small sized company, Pomanda has estimated its turnover at £693.5k with rapid growth in recent years.
Upgrade for unlimited company reports & a free credit check
Hannides & Co Limited Health Check
Pomanda's financial health check has awarded Hannides & Co Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 6 areas for improvement. Company Health Check FAQs
2 Strong
3 Regular
6 Weak
Size
annual sales of £693.5k, make it smaller than the average company (£1.1m)
- Hannides & Co Limited
£1.1m - Industry AVG
Growth
3 year (CAGR) sales growth of 32%, show it is growing at a faster rate (6.1%)
- Hannides & Co Limited
6.1% - Industry AVG
Production
with a gross margin of 68.6%, this company has a comparable cost of product (68.6%)
- Hannides & Co Limited
68.6% - Industry AVG
Profitability
an operating margin of -1.4% make it less profitable than the average company (10.2%)
- Hannides & Co Limited
10.2% - Industry AVG
Employees
with 4 employees, this is below the industry average (19)
4 - Hannides & Co Limited
19 - Industry AVG
Pay Structure
on an average salary of £34.9k, the company has an equivalent pay structure (£34.9k)
- Hannides & Co Limited
£34.9k - Industry AVG
Efficiency
resulting in sales per employee of £173.4k, this is more efficient (£62.5k)
- Hannides & Co Limited
£62.5k - Industry AVG
Debtor Days
it gets paid by customers after 129 days, this is later than average (57 days)
- Hannides & Co Limited
57 days - Industry AVG
Creditor Days
its suppliers are paid after 2 days, this is quicker than average (31 days)
- Hannides & Co Limited
31 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Hannides & Co Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (32 weeks)
0 weeks - Hannides & Co Limited
32 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 51.5%, this is a similar level of debt than the average (46.9%)
51.5% - Hannides & Co Limited
46.9% - Industry AVG
HANNIDES & CO LIMITED financials
Hannides & Co Limited's latest turnover from March 2023 is estimated at £693.5 thousand and the company has net assets of £335.6 thousand. According to their latest financial statements, Hannides & Co Limited has 4 employees and maintains cash reserves of £500 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Dec 2011 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 | 4 | 4 | 6 | 6 | 4 | 4 | ||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Dec 2011 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 11,976 | 14,968 | 19,957 | 14,116 | 12,479 | 9,533 | 6,745 | 8,993 | 10,439 | 13,649 | 17,233 | 0 |
| Intangible Assets | 120,000 | 150,000 | 180,000 | 210,000 | 240,000 | 270,000 | 300,000 | 330,000 | 360,000 | 390,000 | 420,000 | 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 | 131,976 | 164,968 | 199,957 | 224,116 | 252,479 | 279,533 | 306,745 | 338,993 | 370,439 | 403,649 | 437,233 | 0 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 246,766 | 250,950 | 12,750 | 48,907 | 53,407 | 48,207 | 50,707 | 65,733 | 128,970 | 93,838 | 138,889 | 0 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 312,206 | 254,078 | 237,675 | 196,510 | 145,531 | 123,245 | 123,091 | 35,607 | 0 | 0 | 0 | 0 |
| Cash | 500 | 45,255 | 1,031,802 | 1,075,000 | 0 | 0 | 0 | 22,639 | 20,806 | 0 | 0 | 0 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 559,472 | 550,283 | 1,282,227 | 1,320,417 | 198,938 | 171,452 | 173,798 | 123,979 | 149,776 | 93,838 | 138,889 | 0 |
| total assets | 691,448 | 715,251 | 1,482,184 | 1,544,533 | 451,417 | 450,985 | 480,543 | 462,972 | 520,215 | 497,487 | 576,122 | 0 |
| Bank overdraft | 66,616 | 67,631 | 61,219 | 52,656 | 24,424 | 21,832 | 54,282 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 1,622 | 1,623 | 3,623 | 3,029 | 3,714 | 1,950 | 546 | 512 | 152,325 | 127,483 | 156,004 | 0 |
| 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 | 266,023 | 260,034 | 1,132,005 | 1,146,522 | 73,225 | 73,911 | 74,410 | 111,106 | 0 | 0 | 0 | 0 |
| total current liabilities | 334,261 | 329,288 | 1,196,847 | 1,202,207 | 101,363 | 97,693 | 129,238 | 111,618 | 152,325 | 127,483 | 156,004 | 0 |
| loans | 21,562 | 31,959 | 40,000 | 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 | 215 | 0 |
| total long term liabilities | 21,562 | 31,959 | 40,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 215 | 0 |
| total liabilities | 355,823 | 361,247 | 1,236,847 | 1,202,207 | 101,363 | 97,693 | 129,238 | 111,618 | 152,325 | 127,483 | 156,219 | 0 |
| net assets | 335,625 | 354,004 | 245,337 | 342,326 | 350,054 | 353,292 | 351,305 | 351,354 | 367,890 | 370,004 | 419,903 | 0 |
| total shareholders funds | 335,625 | 354,004 | 245,337 | 342,326 | 350,054 | 353,292 | 351,305 | 351,354 | 367,890 | 370,004 | 419,903 | 0 |
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Dec 2011 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||
| Operating Profit | ||||||||||||
| Depreciation | 3,742 | 4,989 | 3,530 | 3,369 | 2,383 | 3,177 | 2,248 | 2,999 | 3,480 | 4,551 | 5,745 | |
| Amortisation | 30,000 | 30,000 | 30,000 | 30,000 | 30,000 | 30,000 | 30,000 | 30,000 | 30,000 | 30,000 | 0 | |
| Tax | ||||||||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 53,944 | 254,603 | 5,008 | 46,479 | 27,486 | -2,346 | 72,458 | -27,630 | 35,132 | -45,051 | 138,889 | 0 |
| Creditors | -1 | -2,000 | 594 | -685 | 1,764 | 1,404 | 34 | -151,813 | 24,842 | -28,521 | 156,004 | 0 |
| Accruals and Deferred Income | 5,989 | -871,971 | -14,517 | 1,073,297 | -686 | -499 | -36,696 | 111,106 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -215 | 215 | 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 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | -10,397 | -8,041 | 40,000 | 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 | ||||||||||||
| interest | ||||||||||||
| cash flow from financing | ||||||||||||
| cash and cash equivalents | ||||||||||||
| cash | -44,755 | -986,547 | -43,198 | 1,075,000 | 0 | 0 | -22,639 | 1,833 | 20,806 | 0 | 0 | 0 |
| overdraft | -1,015 | 6,412 | 8,563 | 28,232 | 2,592 | -32,450 | 54,282 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -43,740 | -992,959 | -51,761 | 1,046,768 | -2,592 | 32,450 | -76,921 | 1,833 | 20,806 | 0 | 0 | 0 |
hannides & co limited Credit Report and Business Information
Hannides & Co Limited Competitor Analysis
Perform a competitor analysis for hannides & co limited by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other small companies, companies in SO15 area or any other competitors across 12 key performance metrics.
hannides & co limited Ownership
HANNIDES & CO LIMITED group structure
Hannides & Co Limited has no subsidiary companies.
Ultimate parent company
HANNIDES & CO LIMITED
07703382
hannides & co limited directors
Hannides & Co Limited currently has 2 directors. The longest serving directors include Mr Nicolas Hannides (Jul 2011) and Dr Nicholas Kouladis (Apr 2013).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Nicolas Hannides | United Kingdom | 65 years | Jul 2011 | - | Director |
| Dr Nicholas Kouladis | United Kingdom | 64 years | Apr 2013 | - | Director |
P&L
March 2023turnover
693.5k
+10%
operating profit
-9.7k
0%
gross margin
68.6%
+7.66%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2023net assets
335.6k
-0.05%
total assets
691.4k
-0.03%
cash
500
-0.99%
net assets
Total assets minus all liabilities
Similar Companies
hannides & co limited company details
company number
07703382
Type
Private limited with Share Capital
industry
69102 - Solicitors
incorporation date
July 2011
age
13
incorporated
UK
accounts
Total Exemption Full
ultimate parent company
previous names
N/A
last accounts submitted
March 2023
address
43-45 shirley high street, shirley, southampton, SO15 3UN
accountant
CMB ACCOUNTANTS LIMITED
auditor
-
hannides & co 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 1 charges/mortgages relating to hannides & co limited. Currently there are 1 open charges and 0 have been satisfied in the past.
hannides & co limited Companies House Filings - See Documents
| date | description | view/download |
|---|
