hockin gold ltd.

hockin gold ltd. Company Information

Share HOCKIN GOLD LTD.
Live 
EstablishedMicroDeclining

Company Number

08020767

Industry

Buying and selling of own real estate

 

Shareholders

michael alan james hockin

christian michael harry hockin

Group Structure

View All

Contact

Registered Address

brownstone manor farm, holbeton, yealmpton, devon, PL8 2JB

hockin gold ltd. Estimated Valuation

£554.1k

Pomanda estimates the enterprise value of HOCKIN GOLD LTD. at £554.1k based on a Turnover of £268.7k and 2.06x industry multiple (adjusted for size and gross margin).

hockin gold ltd. Estimated Valuation

£0

Pomanda estimates the enterprise value of HOCKIN GOLD LTD. at £0 based on an EBITDA of £-6.6k and a 4.25x industry multiple (adjusted for size and gross margin).

hockin gold ltd. Estimated Valuation

£6.5k

Pomanda estimates the enterprise value of HOCKIN GOLD LTD. at £6.5k based on Net Assets of £4.2k and 1.55x industry multiple (adjusted for liquidity).

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Hockin Gold Ltd. Overview

Hockin Gold Ltd. is a live company located in yealmpton, PL8 2JB with a Companies House number of 08020767. It operates in the buying and selling of own real estate sector, SIC Code 68100. Founded in April 2012, it's largest shareholder is michael alan james hockin with a 50% stake. Hockin Gold Ltd. is a established, micro sized company, Pomanda has estimated its turnover at £268.7k with declining growth in recent years.

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Hockin Gold Ltd. Health Check

Pomanda's financial health check has awarded Hockin Gold Ltd. a 1 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 8 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating1out of 5
positive_score

1 Strong

positive_score

1 Regular

positive_score

8 Weak

size

Size

annual sales of £268.7k, make it smaller than the average company (£824.8k)

£268.7k - Hockin Gold Ltd.

£824.8k - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -5%, show it is growing at a slower rate (2.1%)

-5% - Hockin Gold Ltd.

2.1% - Industry AVG

production

Production

with a gross margin of 26.4%, this company has a higher cost of product (68.6%)

26.4% - Hockin Gold Ltd.

68.6% - Industry AVG

profitability

Profitability

an operating margin of -2.5% make it less profitable than the average company (31.5%)

-2.5% - Hockin Gold Ltd.

31.5% - Industry AVG

employees

Employees

with 2 employees, this is below the industry average (4)

2 - Hockin Gold Ltd.

4 - Industry AVG

paystructure

Pay Structure

on an average salary of £35.8k, the company has an equivalent pay structure (£35.8k)

£35.8k - Hockin Gold Ltd.

£35.8k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £134.4k, this is less efficient (£193.7k)

£134.4k - Hockin Gold Ltd.

£193.7k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 110 days, this is later than average (26 days)

110 days - Hockin Gold Ltd.

26 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 206 days, this is slower than average (31 days)

206 days - Hockin Gold Ltd.

31 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Hockin Gold Ltd.

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - Hockin Gold Ltd.

- - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 96.5%, this is a higher level of debt than the average (64.6%)

96.5% - Hockin Gold Ltd.

64.6% - Industry AVG

HOCKIN GOLD LTD. financials

EXPORTms excel logo

Hockin Gold Ltd.'s latest turnover from April 2023 is estimated at £268.7 thousand and the company has net assets of £4.2 thousand. According to their latest financial statements, Hockin Gold Ltd. has 2 employees and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Apr 2023Apr 2022Apr 2021Apr 2020Apr 2019Apr 2018Apr 2017Apr 2016Apr 2015Apr 2014Apr 2013
Turnover268,710315,234284,670318,074109,345267,331153,288111,160000
Other Income Or Grants00000000000
Cost Of Sales197,743227,082217,169251,15282,376200,694117,79882,649000
Gross Profit70,96688,15367,50166,92326,96966,63735,49028,510000
Admin Expenses77,56779,03981,11666,82819,00961,35430,89725,032000
Operating Profit-6,6019,114-13,615957,9605,2834,5933,478000
Interest Payable000214242500000
Interest Receivable0021280112947000
Pre-Tax Profit-6,6019,114-13,613-1067,7995,2894,6223,525000
Tax0-1,73200-1,482-1,005-878-705000
Profit After Tax-6,6017,382-13,613-1066,3174,2843,7442,820000
Dividends Paid00000000000
Retained Profit-6,6017,382-13,613-1066,3174,2843,7442,820000
Employee Costs71,691110,055107,791121,756116,325185,376143,200154,375000
Number Of Employees23333544000
EBITDA*-6,6019,114-7,8167,7698,2605,2834,5933,478000

* Earnings Before Interest, Tax, Depreciation and Amortisation

Apr 2023Apr 2022Apr 2021Apr 2020Apr 2019Apr 2018Apr 2017Apr 2016Apr 2015Apr 2014Apr 2013
Tangible Assets41,15130,72018,09223,89127,909000000
Intangible Assets00000000000
Investments & Other00000000000
Debtors (Due After 1 year)00000000000
Total Fixed Assets41,15130,72018,09223,89127,909000000
Stock & work in progress00000000000
Trade Debtors81,094100,93294,752100,29522,56369,33726,70310,231000
Group Debtors00000000000
Misc Debtors0001,00534,0392,7687,2331,407000
Cash0003,62521,1022864,21618,847000
misc current assets00000000000
total current assets81,094100,93294,752104,92577,70472,39138,15230,485000
total assets122,245131,652112,844128,816105,61372,39138,15230,485000
Bank overdraft0000015700000
Bank loan00000000000
Trade Creditors 111,928111,080109,3984,5549092,84312,39810,866000
Group/Directors Accounts000002,09200000
other short term finances00007,000000000
hp & lease commitments00000000000
other current liabilities000104,40777,93856,44919,18816,797000
total current liabilities111,928111,080109,398108,96185,84761,54131,58627,663000
loans00000000000
hp & lease commitments00000000000
Accruals and Deferred Income00000000000
other liabilities6,0909,744000000000
provisions0002,7942,599000000
total long term liabilities6,0909,74402,7942,599000000
total liabilities118,018120,824109,398111,75588,44661,54131,58627,663000
net assets4,22710,8283,44617,06117,16710,8506,5662,822000
total shareholders funds4,22710,8283,44617,06117,16710,8506,5662,822000
Apr 2023Apr 2022Apr 2021Apr 2020Apr 2019Apr 2018Apr 2017Apr 2016Apr 2015Apr 2014Apr 2013
Operating Activities
Operating Profit-6,6019,114-13,615957,9605,2834,5933,478000
Depreciation005,7997,674300000000
Amortisation00000000000
Tax0-1,73200-1,482-1,005-878-705000
Stock00000000000
Debtors-19,8386,180-6,54844,698-15,50338,16922,29811,638000
Creditors8481,682104,8443,645-1,934-9,5551,53210,866000
Accruals and Deferred Income00-104,40726,46921,48937,2612,39116,797000
Deferred Taxes & Provisions00-2,7941952,599000000
Cash flow from operations14,0852,884-3,625-6,62044,435-6,185-14,66018,798000
Investing Activities
capital expenditure-10,431-12,6280-3,656-28,209000000
Change in Investments00000000000
cash flow from investments-10,431-12,6280-3,656-28,209000000
Financing Activities
Bank loans00000000000
Group/Directors Accounts0000-2,0922,09200000
Other Short Term Loans 000-7,0007,000000000
Long term loans00000000000
Hire Purchase and Lease Commitments00000000000
other long term liabilities-3,6549,744000000000
share issue00-200002000
interest002-202-16262947000
cash flow from financing-3,6549,7440-7,2024,7462,0982949000
cash and cash equivalents
cash00-3,625-17,47720,816-3,930-14,63118,847000
overdraft0000-15715700000
change in cash00-3,625-17,47720,973-4,087-14,63118,847000

hockin gold ltd. Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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Hockin Gold Ltd. Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for hockin gold ltd. by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other micro companies, companies in PL8 area or any other competitors across 12 key performance metrics.

hockin gold ltd. Ownership

HOCKIN GOLD LTD. group structure

Hockin Gold Ltd. has no subsidiary companies.

Ultimate parent company

HOCKIN GOLD LTD.

08020767

HOCKIN GOLD LTD. Shareholders

michael alan james hockin 50%
christian michael harry hockin 50%

hockin gold ltd. directors

Hockin Gold Ltd. currently has 2 directors. The longest serving directors include Mr Michael Hockin (Apr 2012) and Mr Christian Hockin (May 2016).

officercountryagestartendrole
Mr Michael Hockin81 years Apr 2012- Director
Mr Christian HockinUnited Kingdom39 years May 2016- Director

P&L

April 2023

turnover

268.7k

-15%

operating profit

-6.6k

0%

gross margin

26.5%

-5.56%

turnover

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

Balance Sheet

April 2023

net assets

4.2k

-0.61%

total assets

122.2k

-0.07%

cash

0

0%

net assets

Total assets minus all liabilities

hockin gold ltd. company details

company number

08020767

Type

Private limited with Share Capital

industry

68100 - Buying and selling of own real estate

incorporation date

April 2012

age

13

incorporated

UK

ultimate parent company

None

accounts

Micro-Entity Accounts

last accounts submitted

April 2023

previous names

lwe estates limited (January 2016)

accountant

HAINES WATTS

auditor

-

address

brownstone manor farm, holbeton, yealmpton, devon, PL8 2JB

Bank

-

Legal Advisor

-

hockin gold 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 did not find charges/mortgages relating to hockin gold ltd..

hockin gold 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.

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hockin gold ltd. Companies House Filings - See Documents

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