hga accountants ltd Company Information
Company Number
08024954
Website
-Registered Address
hga house 53 donald drive, romford, greater london, RM6 5EB
Industry
Bookkeeping activities
Accounting, and auditing activities
Telephone
02085539550
Next Accounts Due
April 2025
Group Structure
View All
Directors
Sana Ali4 Years
Shareholders
sana ali 100%
hga accountants ltd Estimated Valuation
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
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
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
6 Strong
1 Regular
3 Weak
Size
annual sales of £174k, make it larger than the average company (£140.9k)
- Hga Accountants Ltd
£140.9k - Industry AVG
Growth
3 year (CAGR) sales growth of 106%, show it is growing at a faster rate (5.5%)
- Hga Accountants Ltd
5.5% - Industry AVG
Production
with a gross margin of 40.5%, this company has a higher cost of product (77.2%)
- Hga Accountants Ltd
77.2% - Industry AVG
Profitability
an operating margin of 20.4% make it more profitable than the average company (9.5%)
- Hga Accountants Ltd
9.5% - Industry AVG
Employees
with 2 employees, this is below the industry average (2)
2 - Hga Accountants Ltd
2 - Industry AVG
Pay Structure
on an average salary of £21.8k, the company has an equivalent pay structure (£21.8k)
- Hga Accountants Ltd
£21.8k - Industry AVG
Efficiency
resulting in sales per employee of £87k, this is more efficient (£64k)
- Hga Accountants Ltd
£64k - Industry AVG
Debtor Days
it gets paid by customers after 228 days, this is later than average (76 days)
- Hga Accountants Ltd
76 days - Industry AVG
Creditor Days
its suppliers are paid after 139 days, this is slower than average (16 days)
- Hga Accountants Ltd
16 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Hga Accountants Ltd
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Hga Accountants Ltd
- - Industry AVG
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
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 House, Pomanda Estimates
Jul 2023 | Jul 2022 | Jul 2021 | Apr 2020 | Apr 2019 | Apr 2018 | Apr 2017 | Apr 2016 | Apr 2015 | Apr 2014 | Apr 2013 | |
---|---|---|---|---|---|---|---|---|---|---|---|
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 | 2 | 2 | |||||||||
EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
Jul 2023 | Jul 2022 | Jul 2021 | Apr 2020 | Apr 2019 | Apr 2018 | Apr 2017 | Apr 2016 | Apr 2015 | Apr 2014 | Apr 2013 | |
---|---|---|---|---|---|---|---|---|---|---|---|
Tangible Assets | 5,443 | 4,616 | 3,761 | 0 | 0 | 0 | 680 | 1,375 | 1,302 | 1,843 | 1,605 |
Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Investments & Other | 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 |
Total Fixed Assets | 5,443 | 4,616 | 3,761 | 0 | 0 | 0 | 680 | 1,375 | 1,302 | 1,843 | 1,605 |
Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Trade Debtors | 108,799 | 61,416 | 0 | 0 | 0 | 34 | 6,027 | 1,709 | 9,404 | 13,366 | 14,777 |
Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Misc Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Cash | 0 | 0 | 32,719 | 0 | 0 | 0 | 0 | 162 | 2,093 | 238 | 1,272 |
misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total current assets | 108,799 | 61,416 | 32,719 | 0 | 0 | 34 | 6,027 | 1,871 | 11,497 | 13,604 | 16,049 |
total assets | 114,242 | 66,032 | 36,480 | 0 | 0 | 34 | 6,707 | 3,246 | 12,799 | 15,447 | 17,654 |
Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Trade Creditors | 39,469 | 17,831 | 20,987 | 37,304 | 37,054 | 36,456 | 37,573 | 0 | 0 | 8,293 | 3,140 |
Group/Directors Accounts | 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 |
hp & lease commitments | 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 |
total current liabilities | 39,469 | 17,831 | 20,987 | 37,304 | 37,054 | 36,456 | 37,573 | 0 | 0 | 8,293 | 3,140 |
loans | 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 |
Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 21,808 | 12,662 | 0 | 0 |
provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 21,808 | 12,662 | 0 | 0 |
total liabilities | 39,469 | 17,831 | 20,987 | 37,304 | 37,054 | 36,456 | 37,573 | 21,808 | 12,662 | 8,293 | 3,140 |
net assets | 74,773 | 48,201 | 15,493 | -37,304 | -37,054 | -36,422 | -30,866 | -18,562 | 137 | 7,154 | 14,514 |
total shareholders funds | 74,773 | 48,201 | 15,493 | -37,304 | -37,054 | -36,422 | -30,866 | -18,562 | 137 | 7,154 | 14,514 |
Jul 2023 | Jul 2022 | Jul 2021 | Apr 2020 | Apr 2019 | Apr 2018 | Apr 2017 | Apr 2016 | Apr 2015 | Apr 2014 | Apr 2013 | |
---|---|---|---|---|---|---|---|---|---|---|---|
Operating Activities | |||||||||||
Operating Profit | |||||||||||
Depreciation | 941 | 0 | 0 | 695 | 541 | 461 | 401 | ||||
Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||||
Tax | |||||||||||
Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Debtors | 47,383 | 61,416 | 0 | 0 | -34 | -5,993 | 4,318 | -7,695 | -3,962 | -1,411 | 14,777 |
Creditors | 21,638 | -3,156 | -16,317 | 250 | 598 | -1,117 | 37,573 | 0 | -8,293 | 5,153 | 3,140 |
Accruals and Deferred Income | 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 |
Cash flow from operations | |||||||||||
Investing Activities | |||||||||||
capital expenditure | |||||||||||
Change in Investments | 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 |
Group/Directors Accounts | 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 |
Long term loans | 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 |
other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | -21,808 | 9,146 | 12,662 | 0 | 0 |
share issue | |||||||||||
interest | |||||||||||
cash flow from financing | |||||||||||
cash and cash equivalents | |||||||||||
cash | 0 | -32,719 | 32,719 | 0 | 0 | 0 | -162 | -1,931 | 1,855 | -1,034 | 1,272 |
overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
change in cash | 0 | -32,719 | 32,719 | 0 | 0 | 0 | -162 | -1,931 | 1,855 | -1,034 | 1,272 |
hga accountants ltd Credit Report and Business Information
Hga Accountants Ltd Competitor Analysis
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 directors
Hga Accountants Ltd currently has 1 director, Mrs Sana Ali serving since Aug 2020.
officer | country | age | start | end | role |
---|---|---|---|---|---|
Mrs Sana Ali | England | 42 years | Aug 2020 | - | Director |
P&L
July 2023turnover
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 2023net 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
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.
hga accountants ltd Companies House Filings - See Documents
date | description | view/download |
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