hub lounge (white city) limited
hub lounge (white city) limited Company Information
Company Number
08117074
Next Accounts
Dec 2024
Industry
Other business support service activities n.e.c.
Directors
Shareholders
executors of estate of prakash patel
pankaj chetanbhai patel
View AllGroup Structure
View All
Contact
Registered Address
12 helmet row, london, EC1V 3QJ
Website
-hub lounge (white city) limited Estimated Valuation
Pomanda estimates the enterprise value of HUB LOUNGE (WHITE CITY) LIMITED at £871.9k based on a Turnover of £1.6m and 0.54x industry multiple (adjusted for size and gross margin).
hub lounge (white city) limited Estimated Valuation
Pomanda estimates the enterprise value of HUB LOUNGE (WHITE CITY) LIMITED at £445.7k based on an EBITDA of £111.7k and a 3.99x industry multiple (adjusted for size and gross margin).
hub lounge (white city) limited Estimated Valuation
Pomanda estimates the enterprise value of HUB LOUNGE (WHITE CITY) LIMITED at £1.7m based on Net Assets of £726.4k and 2.35x industry multiple (adjusted for liquidity).
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Hub Lounge (white City) Limited Overview
Hub Lounge (white City) Limited is a dissolved company that was located in london, EC1V 3QJ with a Companies House number of 08117074. It operated in the other business support service activities n.e.c. sector, SIC Code 82990. Founded in June 2012, it's largest shareholder was executors of estate of prakash patel with a 34% stake. The last turnover for Hub Lounge (white City) Limited was estimated at £1.6m.
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Hub Lounge (white City) Limited Health Check
Pomanda's financial health check has awarded Hub Lounge (White City) Limited a 4 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 4 areas for improvement. Company Health Check FAQs
3 Strong
4 Regular
4 Weak
Size
annual sales of £1.6m, make it smaller than the average company (£2.6m)
- Hub Lounge (white City) Limited
£2.6m - Industry AVG
Growth
3 year (CAGR) sales growth of -3%, show it is growing at a slower rate (4.4%)
- Hub Lounge (white City) Limited
4.4% - Industry AVG
Production
with a gross margin of 37.1%, this company has a comparable cost of product (37.1%)
- Hub Lounge (white City) Limited
37.1% - Industry AVG
Profitability
an operating margin of 5.1% make it as profitable than the average company (5.7%)
- Hub Lounge (white City) Limited
5.7% - Industry AVG
Employees
with 23 employees, this is similar to the industry average (22)
23 - Hub Lounge (white City) Limited
22 - Industry AVG
Pay Structure
on an average salary of £44k, the company has an equivalent pay structure (£44k)
- Hub Lounge (white City) Limited
£44k - Industry AVG
Efficiency
resulting in sales per employee of £70.1k, this is less efficient (£146.2k)
- Hub Lounge (white City) Limited
£146.2k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Hub Lounge (white City) Limited
- - Industry AVG
Creditor Days
its suppliers are paid after 7 days, this is quicker than average (33 days)
- Hub Lounge (white City) Limited
33 days - Industry AVG
Stock Days
it holds stock equivalent to 2 days, this is less than average (28 days)
- Hub Lounge (white City) Limited
28 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 71 weeks, this is more cash available to meet short term requirements (20 weeks)
71 weeks - Hub Lounge (white City) Limited
20 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 25.5%, this is a lower level of debt than the average (67.6%)
25.5% - Hub Lounge (white City) Limited
67.6% - Industry AVG
HUB LOUNGE (WHITE CITY) LIMITED financials
Hub Lounge (White City) Limited's latest turnover from December 2018 is estimated at £1.6 million and the company has net assets of £726.4 thousand. According to their latest financial statements, Hub Lounge (White City) Limited has 23 employees and maintains cash reserves of £252.4 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Jun 2014 | Jun 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 | 23 | 21 | 24 | 24 | ||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Jun 2014 | Jun 2013 | |
|---|---|---|---|---|---|---|
| Tangible Assets | 215,672 | 244,840 | 268,880 | 288,317 | 327,237 | 339,378 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 120 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 215,792 | 244,840 | 268,880 | 288,317 | 327,237 | 339,378 |
| Stock & work in progress | 5,600 | 6,400 | 3,800 | 3,900 | 3,700 | 2,850 |
| Trade Debtors | 0 | 0 | 0 | 0 | 165,006 | 144,735 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 501,010 | 417,085 | 282,828 | 147,317 | 0 | 0 |
| Cash | 252,357 | 191,656 | 225,928 | 247,189 | 242,672 | 153,763 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 758,967 | 615,141 | 512,556 | 398,406 | 411,378 | 301,348 |
| total assets | 974,759 | 859,981 | 781,436 | 686,723 | 738,615 | 640,726 |
| Bank overdraft | 661 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 21,545 | 12,500 | 16,034 | 44,718 | 236,070 | 184,576 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 162,567 | 89,302 | 110,703 | 103,629 | 0 | 0 |
| total current liabilities | 184,773 | 101,802 | 126,737 | 148,347 | 236,070 | 184,576 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 63,605 | 100,000 | 55,034 | 55,034 | 250,058 | 346,452 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 63,605 | 100,000 | 55,034 | 55,034 | 250,058 | 346,452 |
| total liabilities | 248,378 | 201,802 | 181,771 | 203,381 | 486,128 | 531,028 |
| net assets | 726,381 | 658,179 | 599,665 | 483,342 | 252,487 | 109,698 |
| total shareholders funds | 726,381 | 658,179 | 599,665 | 483,342 | 252,487 | 109,698 |
| Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Jun 2014 | Jun 2013 | |
|---|---|---|---|---|---|---|
| Operating Activities | ||||||
| Operating Profit | ||||||
| Depreciation | 29,167 | 25,829 | 33,032 | 53,454 | 22,166 | 37,708 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | ||||||
| Stock | -800 | 2,600 | -100 | 200 | 850 | 2,850 |
| Debtors | 83,925 | 134,257 | 135,511 | -17,689 | 20,271 | 144,735 |
| Creditors | 9,045 | -3,534 | -28,684 | -191,352 | 51,494 | 184,576 |
| Accruals and Deferred Income | 73,265 | -21,401 | 7,074 | 103,629 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | ||||||
| Investing Activities | ||||||
| capital expenditure | ||||||
| Change in Investments | 120 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | ||||||
| Financing Activities | ||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | -36,395 | 44,966 | 0 | -195,024 | -96,394 | 346,452 |
| share issue | ||||||
| interest | ||||||
| cash flow from financing | ||||||
| cash and cash equivalents | ||||||
| cash | 60,701 | -34,272 | -21,261 | 4,517 | 88,909 | 153,763 |
| overdraft | 661 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 60,040 | -34,272 | -21,261 | 4,517 | 88,909 | 153,763 |
hub lounge (white city) limited Credit Report and Business Information
Hub Lounge (white City) Limited Competitor Analysis
Perform a competitor analysis for hub lounge (white city) limited by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other undefined companies, companies in EC1V area or any other competitors across 12 key performance metrics.
hub lounge (white city) limited Ownership
HUB LOUNGE (WHITE CITY) LIMITED group structure
Hub Lounge (White City) Limited has 1 subsidiary company.
Ultimate parent company
HUB LOUNGE (WHITE CITY) LIMITED
08117074
1 subsidiary
hub lounge (white city) limited directors
Hub Lounge (White City) Limited currently has 1 director, Mr Pankaj Patel serving since Jun 2012.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Pankaj Patel | 66 years | Jun 2012 | - | Director |
P&L
December 2018turnover
1.6m
+14%
operating profit
82.6k
0%
gross margin
37.1%
-1.33%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2018net assets
726.4k
+0.1%
total assets
974.8k
+0.13%
cash
252.4k
+0.32%
net assets
Total assets minus all liabilities
Similar Companies
hub lounge (white city) limited company details
company number
08117074
Type
Private limited with Share Capital
industry
82990 - Other business support service activities n.e.c.
incorporation date
June 2012
age
12
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
December 2018
previous names
N/A
accountant
-
auditor
-
address
12 helmet row, london, EC1V 3QJ
Bank
-
Legal Advisor
-
hub lounge (white city) 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 did not find charges/mortgages relating to hub lounge (white city) limited.
hub lounge (white city) limited 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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hub lounge (white city) limited Companies House Filings - See Documents
| date | description | view/download |
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