hga accountants ltd

5

hga accountants ltd Company Information

Share HGA ACCOUNTANTS LTD
Live 
EstablishedMicroRapid

Company Number

08024954

Website

-

Registered Address

hga house 53 donald drive, romford, greater london, RM6 5EB

Industry

Bookkeeping activities

 

Accounting, and auditing activities

 
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Telephone

02085539550

Next Accounts Due

April 2025

Group Structure

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Directors

Sana Ali4 Years

Shareholders

sana ali 100%

hga accountants ltd Estimated Valuation

£159.7k

Pomanda estimates the enterprise value of HGA ACCOUNTANTS LTD at £159.7k based on a Turnover of £174k and 0.92x industry multiple (adjusted for size and gross margin).

hga accountants ltd Estimated Valuation

£154.5k

Pomanda estimates the enterprise value of HGA ACCOUNTANTS LTD at £154.5k based on an EBITDA of £35.4k and a 4.36x industry multiple (adjusted for size and gross margin).

hga accountants ltd Estimated Valuation

£50k

Pomanda estimates the enterprise value of HGA ACCOUNTANTS LTD at £50k based on Net Assets of £74.8k and 0.67x industry multiple (adjusted for liquidity).

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Hga Accountants Ltd Overview

Hga Accountants Ltd is a live company located in greater london, RM6 5EB with a Companies House number of 08024954. It operates in the accounting and auditing activities sector, SIC Code 69201. Founded in April 2012, it's largest shareholder is sana ali with a 100% stake. Hga Accountants Ltd is a established, micro sized company, Pomanda has estimated its turnover at £174k with rapid growth in recent years.

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Hga Accountants Ltd Health Check

Pomanda's financial health check has awarded Hga Accountants Ltd a 5 rating. We use a traffic light system to show it exceeds the industry average on 6 measures and has 3 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating5out of 5
positive_score

6 Strong

positive_score

1 Regular

positive_score

3 Weak

size

Size

annual sales of £174k, make it larger than the average company (£140.9k)

£174k - Hga Accountants Ltd

£140.9k - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 106%, show it is growing at a faster rate (5.5%)

106% - Hga Accountants Ltd

5.5% - Industry AVG

production

Production

with a gross margin of 40.5%, this company has a higher cost of product (77.2%)

40.5% - Hga Accountants Ltd

77.2% - Industry AVG

profitability

Profitability

an operating margin of 20.4% make it more profitable than the average company (9.5%)

20.4% - Hga Accountants Ltd

9.5% - Industry AVG

employees

Employees

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

2 - Hga Accountants Ltd

2 - Industry AVG

paystructure

Pay Structure

on an average salary of £21.8k, the company has an equivalent pay structure (£21.8k)

£21.8k - Hga Accountants Ltd

£21.8k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £87k, this is more efficient (£64k)

£87k - Hga Accountants Ltd

£64k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 228 days, this is later than average (76 days)

228 days - Hga Accountants Ltd

76 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 139 days, this is slower than average (16 days)

139 days - Hga Accountants Ltd

16 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Hga Accountants Ltd

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - Hga Accountants Ltd

- - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 34.6%, this is a lower level of debt than the average (60.9%)

34.6% - Hga Accountants Ltd

60.9% - Industry AVG

HGA ACCOUNTANTS LTD financials

EXPORTms excel logo

Hga Accountants Ltd's latest turnover from July 2023 is estimated at £174 thousand and the company has net assets of £74.8 thousand. According to their latest financial statements, Hga Accountants Ltd has 2 employees and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Jul 2023Jul 2022Jul 2021Apr 2020Apr 2019Apr 2018Apr 2017Apr 2016Apr 2015Apr 2014Apr 2013
Turnover174,036101,8518,51520,0442,75568717,3396,48839,06755,25857,844
Other Income Or Grants00000000000
Cost Of Sales103,54263,1054,6369,7211,0962937,4972,80114,65219,24320,619
Gross Profit70,49438,7463,87910,3221,6593939,8423,68724,41536,01537,225
Admin Expenses35,065-2,400-60,31610,5722,2915,94922,14522,39231,43843,37918,380
Operating Profit35,42941,14664,195-250-632-5,556-12,303-18,705-7,023-7,36418,845
Interest Payable00000000000
Interest Receivable02041600006643
Pre-Tax Profit35,42941,35164,211-250-632-5,556-12,303-18,699-7,017-7,36018,848
Tax-8,857-7,857-12,2000000000-4,335
Profit After Tax26,57233,49452,011-250-632-5,556-12,303-18,699-7,017-7,36014,513
Dividends Paid00000000000
Retained Profit26,57233,49452,011-250-632-5,556-12,303-18,699-7,017-7,36014,513
Employee Costs43,63951,98922,26819,24329,95028,16725,85731,92931,50032,19331,937
Number Of Employees22111111111
EBITDA*35,42941,14665,136-250-632-5,556-12,303-18,010-6,482-6,90319,246

* Earnings Before Interest, Tax, Depreciation and Amortisation

Jul 2023Jul 2022Jul 2021Apr 2020Apr 2019Apr 2018Apr 2017Apr 2016Apr 2015Apr 2014Apr 2013
Tangible Assets5,4434,6163,7610006801,3751,3021,8431,605
Intangible Assets00000000000
Investments & Other00000000000
Debtors (Due After 1 year)00000000000
Total Fixed Assets5,4434,6163,7610006801,3751,3021,8431,605
Stock & work in progress00000000000
Trade Debtors108,79961,416000346,0271,7099,40413,36614,777
Group Debtors00000000000
Misc Debtors00000000000
Cash0032,71900001622,0932381,272
misc current assets00000000000
total current assets108,79961,41632,71900346,0271,87111,49713,60416,049
total assets114,24266,03236,48000346,7073,24612,79915,44717,654
Bank overdraft00000000000
Bank loan00000000000
Trade Creditors 39,46917,83120,98737,30437,05436,45637,573008,2933,140
Group/Directors Accounts00000000000
other short term finances00000000000
hp & lease commitments00000000000
other current liabilities00000000000
total current liabilities39,46917,83120,98737,30437,05436,45637,573008,2933,140
loans00000000000
hp & lease commitments00000000000
Accruals and Deferred Income00000000000
other liabilities000000021,80812,66200
provisions00000000000
total long term liabilities000000021,80812,66200
total liabilities39,46917,83120,98737,30437,05436,45637,57321,80812,6628,2933,140
net assets74,77348,20115,493-37,304-37,054-36,422-30,866-18,5621377,15414,514
total shareholders funds74,77348,20115,493-37,304-37,054-36,422-30,866-18,5621377,15414,514
Jul 2023Jul 2022Jul 2021Apr 2020Apr 2019Apr 2018Apr 2017Apr 2016Apr 2015Apr 2014Apr 2013
Operating Activities
Operating Profit35,42941,14664,195-250-632-5,556-12,303-18,705-7,023-7,36418,845
Depreciation009410000695541461401
Amortisation00000000000
Tax-8,857-7,857-12,2000000000-4,335
Stock00000000000
Debtors47,38361,41600-34-5,9934,318-7,695-3,962-1,41114,777
Creditors21,638-3,156-16,317250598-1,11737,5730-8,2935,1533,140
Accruals and Deferred Income00000000000
Deferred Taxes & Provisions00000000000
Cash flow from operations827-31,28336,61900-68020,952-10,315-10,813-3393,274
Investing Activities
capital expenditure-827-855-4,70200680695-7680-699-2,006
Change in Investments00000000000
cash flow from investments-827-855-4,70200680695-7680-699-2,006
Financing Activities
Bank loans00000000000
Group/Directors Accounts00000000000
Other Short Term Loans 00000000000
Long term loans00000000000
Hire Purchase and Lease Commitments00000000000
other long term liabilities000000-21,8089,14612,66200
share issue0-786786000-10001
interest02041600006643
cash flow from financing0-582802000-21,8099,15212,66844
cash and cash equivalents
cash0-32,71932,719000-162-1,9311,855-1,0341,272
overdraft00000000000
change in cash0-32,71932,719000-162-1,9311,855-1,0341,272

hga accountants 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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Hga Accountants Ltd Competitor Analysis

BETA
competitor_analysis_table_img

Perform a competitor analysis for hga accountants ltd by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other micro companies, companies in RM6 area or any other competitors across 12 key performance metrics.

hga accountants ltd Ownership

HGA ACCOUNTANTS LTD group structure

Hga Accountants Ltd has no subsidiary companies.

Ultimate parent company

HGA ACCOUNTANTS LTD

08024954

HGA ACCOUNTANTS LTD Shareholders

sana ali 100%

hga accountants ltd directors

Hga Accountants Ltd currently has 1 director, Mrs Sana Ali serving since Aug 2020.

officercountryagestartendrole
Mrs Sana AliEngland42 years Aug 2020- Director

P&L

July 2023

turnover

174k

+71%

operating profit

35.4k

0%

gross margin

40.6%

+6.48%

turnover

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

Balance Sheet

July 2023

net assets

74.8k

+0.55%

total assets

114.2k

+0.73%

cash

0

0%

net assets

Total assets minus all liabilities

hga accountants ltd company details

company number

08024954

Type

Private limited with Share Capital

industry

69203 - Tax consultancy

69202 - Bookkeeping activities

69201 - Accounting, and auditing activities

incorporation date

April 2012

age

12

incorporated

UK

accounts

Micro-Entity Accounts

ultimate parent company

None

previous names

milin associates ltd (August 2020)

last accounts submitted

July 2023

address

hga house 53 donald drive, romford, greater london, RM6 5EB

accountant

-

auditor

-

hga accountants 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 hga accountants ltd.

charges

hga accountants ltd Companies House Filings - See Documents

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