hornets investment limited
hornets investment limited Company Information
Company Number
08112624
Website
-Registered Address
38 craven street, london, WC2N 5NG
Industry
Other business support service activities n.e.c.
Telephone
-
Next Accounts Due
March 2025
Group Structure
View All
Shareholders
hornets management sarl 100%
hornets investment limited Estimated Valuation
Pomanda estimates the enterprise value of HORNETS INVESTMENT LIMITED at £58.1m based on a Turnover of £66.2m and 0.88x industry multiple (adjusted for size and gross margin).
hornets investment limited Estimated Valuation
Pomanda estimates the enterprise value of HORNETS INVESTMENT LIMITED at £397.9m based on an EBITDA of £56.6m and a 7.04x industry multiple (adjusted for size and gross margin).
hornets investment limited Estimated Valuation
Pomanda estimates the enterprise value of HORNETS INVESTMENT LIMITED at £0 based on Net Assets of £-13.1m and 2.57x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Hornets Investment Limited Overview
Hornets Investment Limited is a live company located in london, WC2N 5NG with a Companies House number of 08112624. It operates in the other business support service activities n.e.c. sector, SIC Code 82990. Founded in June 2012, it's largest shareholder is hornets management sarl with a 100% stake. Hornets Investment Limited is a established, large sized company, Pomanda has estimated its turnover at £66.2m with declining growth in recent years.
Upgrade for unlimited company reports & a free credit check
Hornets Investment Limited Health Check
Pomanda's financial health check has awarded Hornets Investment Limited a 4 rating. We use a traffic light system to show it exceeds the industry average on 6 measures and has 6 areas for improvement. Company Health Check FAQs
6 Strong
0 Regular
6 Weak
Size
annual sales of £66.2m, make it larger than the average company (£3.6m)
£66.2m - Hornets Investment Limited
£3.6m - Industry AVG
Growth
3 year (CAGR) sales growth of -18%, show it is growing at a slower rate (4.7%)
-18% - Hornets Investment Limited
4.7% - Industry AVG
Production
with a gross margin of 13.6%, this company has a higher cost of product (37.8%)
13.6% - Hornets Investment Limited
37.8% - Industry AVG
Profitability
an operating margin of 46.6% make it more profitable than the average company (6.2%)
46.6% - Hornets Investment Limited
6.2% - Industry AVG
Employees
with 343 employees, this is above the industry average (23)
343 - Hornets Investment Limited
23 - Industry AVG
Pay Structure
on an average salary of £142.1k, the company has a higher pay structure (£47.8k)
£142.1k - Hornets Investment Limited
£47.8k - Industry AVG
Efficiency
resulting in sales per employee of £193k, this is more efficient (£152.1k)
£193k - Hornets Investment Limited
£152.1k - Industry AVG
Debtor Days
it gets paid by customers after 280 days, this is later than average (41 days)
280 days - Hornets Investment Limited
41 days - Industry AVG
Creditor Days
its suppliers are paid after 56 days, this is slower than average (33 days)
56 days - Hornets Investment Limited
33 days - Industry AVG
Stock Days
it holds stock equivalent to 6 days, this is less than average (32 days)
6 days - Hornets Investment Limited
32 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 2 weeks, this is less cash available to meet short term requirements (25 weeks)
2 weeks - Hornets Investment Limited
25 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 105.9%, this is a higher level of debt than the average (61.1%)
105.9% - Hornets Investment Limited
61.1% - Industry AVG
HORNETS INVESTMENT LIMITED financials
Hornets Investment Limited's latest turnover from June 2023 is £66.2 million and the company has net assets of -£13.1 million. According to their latest financial statements, Hornets Investment Limited has 343 employees and maintains cash reserves of £7.6 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Jun 2018 | Jun 2017 | Jun 2016 | Jun 2015 | Jun 2014 | Jun 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 66,197,865 | 128,095,044 | 57,060,269 | 119,986,503 | 147,659,862 | 128,885,895 | 123,906,784 | 94,449,017 | 18,393,000 | 16,690,000 | 18,133,000 |
| Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cost Of Sales | 57,202,545 | 100,097,512 | 112,773,058 | 151,111,150 | 142,368,667 | 143,759,681 | 122,758,121 | 84,222,997 | 25,694,000 | 14,802,000 | 16,209,000 |
| Gross Profit | 8,995,320 | 27,997,532 | -55,712,789 | -31,124,647 | 5,291,195 | -14,873,786 | 1,148,663 | 10,226,020 | -7,301,000 | 1,888,000 | 1,924,000 |
| Admin Expenses | -21,848,111 | 36,847,585 | 13,600,737 | 16,245,413 | 11,214,793 | 13,872,278 | 17,256,560 | 11,901,817 | 5,633,000 | 4,546,000 | 5,254,000 |
| Operating Profit | 30,843,431 | -8,850,053 | -69,313,526 | -47,370,060 | -5,923,598 | -28,746,064 | -16,107,897 | -1,675,797 | -12,934,000 | -2,658,000 | -3,330,000 |
| Interest Payable | 6,944,207 | 7,313,972 | 5,556,793 | 6,369,662 | 6,680,049 | 5,137,987 | 34,437,935 | 1,576,229 | 445,000 | 573,000 | 623,000 |
| Interest Receivable | 61,555 | 11,387 | 12,082 | 29,004 | 107,359 | 23,556 | 26,837 | 14,983 | 6,000 | 4,000 | 8,000 |
| Pre-Tax Profit | 23,960,779 | -16,152,638 | -19,139,699 | -35,628,493 | 9,834,145 | -30,959,064 | 2,834,661 | 2,374,317 | -6,085,000 | -1,714,000 | -1,353,000 |
| Tax | 393,159 | -1,569,245 | 787,456 | 4,005,451 | 0 | 888,438 | 4,113,578 | 0 | 0 | 0 | 0 |
| Profit After Tax | 24,353,938 | -17,721,883 | -18,352,243 | -31,623,042 | 9,834,145 | -30,070,626 | 6,948,239 | 2,374,317 | -6,085,000 | -1,714,000 | -1,353,000 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Retained Profit | 24,273,917 | -17,655,656 | -18,289,421 | -31,623,042 | 9,834,145 | -30,070,626 | 6,948,239 | 2,374,317 | -6,071,000 | -1,715,000 | -1,353,000 |
| Employee Costs | 48,725,859 | 78,969,021 | 65,374,499 | 97,799,700 | 83,599,211 | 85,914,632 | 74,821,974 | 57,899,967 | 20,689,000 | 11,896,000 | 12,825,000 |
| Number Of Employees | 343 | 361 | 326 | 328 | 297 | 292 | 254 | 211 | 180 | 158 | |
| EBITDA* | 56,560,452 | 27,595,618 | -26,992,657 | -2,418,153 | 34,601,085 | 16,408,001 | 17,015,466 | 14,504,358 | -11,595,000 | -533,000 | -803,000 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Jun 2018 | Jun 2017 | Jun 2016 | Jun 2015 | Jun 2014 | Jun 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 89,858,949 | 92,772,445 | 96,579,161 | 101,889,578 | 38,732,071 | 35,876,326 | 34,710,698 | 28,692,575 | 20,014,000 | 15,303,000 | 12,974,000 |
| Intangible Assets | 37,842,373 | 64,717,037 | 82,297,187 | 111,904,511 | 92,340,226 | 123,518,694 | 91,839,588 | 55,767,983 | 7,302,000 | 4,021,000 | 5,405,000 |
| Investments & Other | 32,671 | 112,692 | 46,465 | 0 | 55,448 | 84,739 | 0 | 16,985 | 28,000 | 14,000 | 0 |
| Debtors (Due After 1 year) | 30,908,271 | 22,772,538 | 27,428,204 | 11,674,041 | 15,321,124 | 6,872,749 | 10,731,809 | 3,770,375 | 0 | 0 | 0 |
| Total Fixed Assets | 158,642,264 | 180,374,712 | 206,351,017 | 225,468,130 | 146,448,869 | 166,352,508 | 137,282,095 | 88,247,918 | 27,344,000 | 19,338,000 | 18,379,000 |
| Stock & work in progress | 990,462 | 241,971 | 172,819 | 124,860 | 144,489 | 554,333 | 340,852 | 143,649 | 128,000 | 183,000 | 69,000 |
| Trade Debtors | 50,961,754 | 37,224,593 | 29,907,318 | 13,954,568 | 4,721,588 | 2,265,354 | 1,497,946 | 2,462,295 | 1,983,000 | 693,000 | 437,000 |
| Group Debtors | 0 | 139,488 | 139,488 | 139,488 | 139,488 | 139,488 | 96,018 | 0 | 2,125,000 | 0 | 0 |
| Misc Debtors | 5,859,474 | 2,902,434 | 5,376,524 | 2,443,725 | 23,414,036 | 14,242,008 | 20,042,915 | 2,755,885 | 2,190,000 | 3,152,000 | 6,753,000 |
| Cash | 7,589,569 | 1,207,122 | 4,776,900 | 18,522 | 14,483,554 | 8,227,670 | 10,234,253 | 11,643,799 | 659,000 | 396,000 | 466,000 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 65,401,259 | 41,715,608 | 40,373,049 | 16,681,163 | 42,903,155 | 25,428,853 | 32,211,984 | 17,005,628 | 7,085,000 | 4,424,000 | 7,725,000 |
| total assets | 224,043,523 | 222,090,320 | 246,724,066 | 242,149,293 | 189,352,024 | 191,781,361 | 169,494,079 | 105,253,546 | 34,429,000 | 23,762,000 | 26,104,000 |
| Bank overdraft | 0 | 0 | 477,401 | 15,060,290 | 5,028,591 | 4,483,316 | 3,989,479 | 3,989,479 | 0 | 691,000 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 8,861,924 | 6,845,942 | 5,016,114 | 4,792,009 | 5,421,637 | 3,311,207 | 3,346,287 | 2,257,179 | 2,541,000 | 1,909,000 | 1,251,000 |
| Group/Directors Accounts | 0 | 0 | 965,015 | 965,015 | 965,015 | 965,015 | 965,015 | 965,015 | 250,000 | 250,000 | 250,000 |
| other short term finances | 56,663,899 | 29,452,678 | 76,571,852 | 50,171,420 | 29,908,111 | 27,006,445 | 7,050,000 | 31,790,630 | 1,085,000 | 974,000 | 305,000 |
| hp & lease commitments | 0 | 682,555 | 212,657 | 212,656 | 88,662 | 486,000 | 486,000 | 0 | 0 | 0 | 0 |
| other current liabilities | 74,195,815 | 85,689,268 | 85,401,220 | 83,373,953 | 62,211,365 | 89,922,466 | 63,679,880 | 59,556,697 | 23,778,000 | 8,415,000 | 11,060,000 |
| total current liabilities | 139,721,638 | 122,670,443 | 168,644,259 | 154,575,343 | 103,623,381 | 126,174,449 | 79,516,661 | 98,559,000 | 27,654,000 | 12,239,000 | 12,866,000 |
| loans | 65,191,087 | 99,993,656 | 65,495,153 | 29,231,305 | 74,996,605 | 62,700,509 | 48,038,964 | 3,364,006 | 14,171,000 | 13,457,000 | 11,210,000 |
| hp & lease commitments | 0 | 540,696 | 249,255 | 462,903 | 0 | 81,000 | 567,000 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 339,996 | 2,704,400 | 1,530,986 | 536,219 | 1,031,741 | 3,955,215 | 2,280,441 | 1,433,000 | 820,000 | 3,083,000 |
| other liabilities | 25,705,083 | 29,219,282 | 24,074,486 | 45,665,317 | 29,741,841 | 31,144,538 | 36,790,364 | 7,523,342 | 0 | 0 | 0 |
| provisions | 6,564,667 | 6,874,454 | 6,024,324 | 4,106,789 | 177,000 | 177,000 | 167,864 | 0 | 0 | 0 | 0 |
| total long term liabilities | 97,460,837 | 136,968,084 | 98,547,618 | 80,997,300 | 105,451,665 | 95,134,788 | 89,519,407 | 13,167,789 | 15,604,000 | 14,277,000 | 14,293,000 |
| total liabilities | 237,182,475 | 259,638,527 | 267,191,877 | 235,572,643 | 209,075,046 | 221,309,237 | 169,036,068 | 111,726,789 | 43,258,000 | 26,516,000 | 27,159,000 |
| net assets | -13,138,952 | -37,548,207 | -20,467,811 | 6,552,949 | -19,723,022 | -29,527,876 | 450,572 | -6,473,243 | -8,829,000 | -2,754,000 | -1,067,000 |
| total shareholders funds | -13,138,952 | -37,548,207 | -20,467,811 | 6,552,949 | -19,723,022 | -29,527,876 | 450,572 | -6,473,243 | -8,829,000 | -2,754,000 | -1,067,000 |
| Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Jun 2018 | Jun 2017 | Jun 2016 | Jun 2015 | Jun 2014 | Jun 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||
| Operating Profit | 30,843,431 | -8,850,053 | -69,313,526 | -47,370,060 | -5,923,598 | -28,746,064 | -16,107,897 | -1,675,797 | -12,934,000 | -2,658,000 | -3,330,000 |
| Depreciation | 4,525,581 | 6,708,343 | 6,339,792 | 5,065,338 | 4,234,485 | 3,646,007 | 3,355,451 | 1,898,381 | 829,000 | 644,000 | 660,000 |
| Amortisation | 21,191,440 | 29,737,328 | 35,981,077 | 39,886,569 | 36,290,198 | 41,508,058 | 29,767,912 | 14,281,774 | 510,000 | 1,481,000 | 1,867,000 |
| Tax | 393,159 | -1,569,245 | 787,456 | 4,005,451 | 0 | 888,438 | 4,113,578 | 0 | 0 | 0 | 0 |
| Stock | 748,491 | 69,152 | 47,959 | -19,629 | -409,844 | 213,481 | 197,203 | 15,649 | -55,000 | 114,000 | 69,000 |
| Debtors | 24,690,446 | 187,519 | 34,639,712 | -15,384,414 | 20,076,637 | -8,849,089 | 23,380,133 | 2,690,555 | 2,453,000 | -3,345,000 | 7,190,000 |
| Creditors | 2,015,982 | 1,829,828 | 224,105 | -629,628 | 2,110,430 | -35,080 | 1,089,108 | -283,821 | 632,000 | 658,000 | 1,251,000 |
| Accruals and Deferred Income | -11,833,449 | -2,076,356 | 3,200,681 | 22,157,355 | -28,206,623 | 23,319,112 | 5,797,957 | 36,626,138 | 15,976,000 | -4,908,000 | 14,143,000 |
| Deferred Taxes & Provisions | -309,787 | 850,130 | 1,917,535 | 3,929,789 | 0 | 9,136 | 167,864 | 0 | 0 | 0 | 0 |
| Cash flow from operations | 21,387,420 | 26,373,304 | -55,550,551 | 42,448,857 | -11,161,901 | 49,225,215 | 4,606,637 | 48,140,471 | 2,615,000 | -1,552,000 | 7,332,000 |
| Investing Activities | |||||||||||
| capital expenditure | 0 | 0 | 0 | 0 | -66,451,852 | -56,430,050 | -41,632,897 | -37,629,788 | 3,009,000 | -1,786,000 | 100,000 |
| Change in Investments | -80,021 | 66,227 | 46,465 | -55,448 | -29,291 | 84,739 | -16,985 | -11,015 | 14,000 | 14,000 | 0 |
| cash flow from investments | 80,021 | -66,227 | -46,465 | 55,448 | -66,422,561 | -56,514,789 | -41,615,912 | -37,618,773 | 2,995,000 | -1,800,000 | 100,000 |
| Financing Activities | |||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | -965,015 | 0 | 0 | 0 | 0 | 0 | 715,015 | 0 | 0 | 250,000 |
| Other Short Term Loans | 27,211,221 | -47,119,174 | 26,400,432 | 20,263,309 | 2,901,666 | 19,956,445 | -24,740,630 | 30,705,630 | 111,000 | 669,000 | 305,000 |
| Long term loans | -34,802,569 | 34,498,503 | 36,263,848 | -45,765,300 | 12,296,096 | 14,661,545 | 44,674,958 | -10,806,994 | 714,000 | 2,247,000 | 11,210,000 |
| Hire Purchase and Lease Commitments | -1,223,251 | 761,339 | -213,647 | 586,897 | -478,338 | -486,000 | 1,053,000 | 0 | 0 | 0 | 0 |
| other long term liabilities | -3,514,199 | 5,144,796 | -21,590,831 | 15,923,476 | -1,402,697 | -5,645,826 | 29,267,022 | 7,523,342 | 0 | 0 | 0 |
| share issue | |||||||||||
| interest | -6,882,652 | -7,302,585 | -5,544,711 | -6,340,658 | -6,572,690 | -5,114,431 | -34,411,098 | -1,561,246 | -439,000 | -569,000 | -615,000 |
| cash flow from financing | -19,076,112 | -14,406,876 | 26,583,752 | 42,566,737 | 6,714,746 | 23,463,911 | 15,818,828 | 26,557,187 | 382,000 | 2,375,000 | 11,436,000 |
| cash and cash equivalents | |||||||||||
| cash | 6,382,447 | -3,569,778 | 4,758,378 | -14,465,032 | 6,255,884 | -2,006,583 | -1,409,546 | 10,984,799 | 263,000 | -70,000 | 466,000 |
| overdraft | 0 | -477,401 | -14,582,889 | 10,031,699 | 545,275 | 493,837 | 0 | 3,989,479 | -691,000 | 691,000 | 0 |
| change in cash | 6,382,447 | -3,092,377 | 19,341,267 | -24,496,731 | 5,710,609 | -2,500,420 | -1,409,546 | 6,995,320 | 954,000 | -761,000 | 466,000 |
hornets investment limited Credit Report and Business Information
Hornets Investment Limited Competitor Analysis
Perform a competitor analysis for hornets investment limited by selecting its closest rivals and benchmarking them against 12 key performance metrics.
hornets investment limited Ownership
HORNETS INVESTMENT LIMITED group structure
Hornets Investment Limited has 1 subsidiary company.
Ultimate parent company
DIVERSIFY SPORT INVESTMENT SL
#0023587
HORNETS MANAGEMENT SARL
#0116066
2 parents
HORNETS INVESTMENT LIMITED
08112624
1 subsidiary
hornets investment limited directors
Hornets Investment Limited currently has 4 directors. The longest serving directors include Mr Damiano Jarmorini (Mar 2020) and Mr Marco Juri (Sep 2020).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Damiano Jarmorini | England | 48 years | Mar 2020 | - | Director |
| Mr Marco Juri | United Kingdom | 40 years | Sep 2020 | - | Director |
| Mr Scott Duxbury | United Kingdom | 52 years | Sep 2020 | - | Director |
| Mr Marco Juri | United Kingdom | 40 years | Sep 2020 | - | Director |
P&L
June 2023turnover
66.2m
-48%
operating profit
30.8m
-449%
gross margin
13.6%
-37.83%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
June 2023net assets
-13.1m
-0.65%
total assets
224m
+0.01%
cash
7.6m
+5.29%
net assets
Total assets minus all liabilities
Similar Companies
hornets investment limited company details
company number
08112624
Type
Private limited with Share Capital
industry
82990 - Other business support service activities n.e.c.
incorporation date
June 2012
age
12
accounts
Group
ultimate parent company
previous names
N/A
incorporated
UK
address
38 craven street, london, WC2N 5NG
last accounts submitted
June 2023
hornets investment 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 4 charges/mortgages relating to hornets investment limited. Currently there are 0 open charges and 4 have been satisfied in the past.
hornets investment limited Companies House Filings - See Documents
| date | description | view/download |
|---|
