hm lettings limited
hm lettings limited Company Information
Company Number
08333273
Next Accounts
Dec 2024
Industry
Management of real estate on a fee or contract basis
Directors
Shareholders
nottingham property services ltd
Group Structure
View All
Contact
Registered Address
nottingham house, 3 fulforth street, nottingham, nottinghamshire, NG1 3DL
Website
www.hm-lettings.co.ukhm lettings limited Estimated Valuation
Pomanda estimates the enterprise value of HM LETTINGS LIMITED at £204.3k based on a Turnover of £133k and 1.54x industry multiple (adjusted for size and gross margin).
hm lettings limited Estimated Valuation
Pomanda estimates the enterprise value of HM LETTINGS LIMITED at £0 based on an EBITDA of £-115k and a 5.38x industry multiple (adjusted for size and gross margin).
hm lettings limited Estimated Valuation
Pomanda estimates the enterprise value of HM LETTINGS LIMITED at £158.8k based on Net Assets of £98k and 1.62x industry multiple (adjusted for liquidity).
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Hm Lettings Limited Overview
Hm Lettings Limited is a dissolved company that was located in nottingham, NG1 3DL with a Companies House number of 08333273. It operated in the management of real estate on a fee or contract basis sector, SIC Code 68320. Founded in December 2012, it's largest shareholder was nottingham property services ltd with a 100% stake. The last turnover for Hm Lettings Limited was estimated at £133k.
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Hm Lettings Limited Health Check
Pomanda's financial health check has awarded Hm Lettings Limited a 2.5 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 6 areas for improvement. Company Health Check FAQs
2 Strong
1 Regular
6 Weak
Size
annual sales of £133k, make it smaller than the average company (£997.6k)
£133k - Hm Lettings Limited
£997.6k - Industry AVG
Growth
3 year (CAGR) sales growth of -34%, show it is growing at a slower rate (2.2%)
-34% - Hm Lettings Limited
2.2% - Industry AVG
Production
with a gross margin of 21.1%, this company has a higher cost of product (41.1%)
21.1% - Hm Lettings Limited
41.1% - Industry AVG
Profitability
an operating margin of -86.5% make it less profitable than the average company (5.7%)
-86.5% - Hm Lettings Limited
5.7% - Industry AVG
Employees
with 4 employees, this is below the industry average (10)
4 - Hm Lettings Limited
10 - Industry AVG
Pay Structure
on an average salary of £47.5k, the company has an equivalent pay structure (£39.9k)
£47.5k - Hm Lettings Limited
£39.9k - Industry AVG
Efficiency
resulting in sales per employee of £33.3k, this is less efficient (£98.8k)
£33.3k - Hm Lettings Limited
£98.8k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- - Hm Lettings Limited
- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- - Hm Lettings Limited
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Hm Lettings Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 75 weeks, this is more cash available to meet short term requirements (23 weeks)
75 weeks - Hm Lettings Limited
23 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 22.8%, this is a lower level of debt than the average (85.8%)
22.8% - Hm Lettings Limited
85.8% - Industry AVG
HM LETTINGS LIMITED financials
Hm Lettings Limited's latest turnover from December 2020 is £133 thousand and the company has net assets of £98 thousand. According to their latest financial statements, Hm Lettings Limited has 4 employees and maintains cash reserves of £42 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | |
|---|---|---|---|---|---|---|---|---|
| Turnover | 133,000 | 362,000 | 475,000 | 455,000 | 426,508 | 469,520 | 466,930 | 449,167 |
| Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cost Of Sales | 105,000 | 197,000 | 250,000 | 241,000 | 254,538 | 308,837 | 290,461 | 183,806 |
| Gross Profit | 28,000 | 165,000 | 225,000 | 214,000 | 171,970 | 160,683 | 176,469 | 265,361 |
| Admin Expenses | 143,000 | 191,000 | 301,000 | 348,000 | 281,444 | 210,406 | ||
| Operating Profit | -115,000 | -26,000 | -76,000 | -134,000 | -109,474 | -49,723 | ||
| Interest Payable | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest Receivable | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Pre-Tax Profit | 69,000 | 84,000 | -51,000 | -134,000 | -109,474 | -49,723 | -40,091 | -88,047 |
| Tax | -13,000 | -16,000 | 15,000 | 27,000 | 23,564 | 14,079 | 298 | 13,186 |
| Profit After Tax | 56,000 | 68,000 | -36,000 | -107,000 | -85,910 | -35,644 | -39,793 | -74,861 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Retained Profit | 56,000 | 68,000 | -36,000 | -107,000 | -85,910 | -35,644 | -39,793 | -74,861 |
| Employee Costs | 190,000 | 276,000 | 371,000 | 377,000 | 256,829 | 263,647 | 248,927 | 198,553 |
| Number Of Employees | 4 | 10 | 14 | 14 | 11 | 10 | 13 | 13 |
| EBITDA* | -115,000 | -26,000 | -76,000 | -134,000 | -73,285 | -37,222 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | |
|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 0 | 0 | 0 | 0 | 0 | 34,271 | 40,772 | 6,423 |
| Intangible Assets | 0 | 0 | 0 | 475,000 | 475,226 | 475,226 | 430,674 | 454,435 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 0 | 0 | 0 | 475,000 | 475,226 | 509,497 | 471,446 | 460,858 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 0 | 0 | 0 | 0 | 39,574 | 43,713 | 46,544 | 45,504 |
| Group Debtors | 83,000 | 0 | 0 | 0 | 0 | 8,281 | 0 | 13,370 |
| Misc Debtors | 2,000 | 30,000 | 46,000 | 41,000 | 18,645 | 2,396 | 3,979 | 3,377 |
| Cash | 42,000 | 84,000 | 51,000 | 41,000 | 56,235 | 82,214 | 78,660 | 252,159 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 127,000 | 114,000 | 97,000 | 82,000 | 114,454 | 136,604 | 129,183 | 314,410 |
| total assets | 127,000 | 114,000 | 97,000 | 557,000 | 589,680 | 646,101 | 600,629 | 775,268 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 0 | 0 | 0 | 0 | 162 | 5,292 | 1,883 | 1,405 |
| Group/Directors Accounts | 29,000 | 60,000 | 12,000 | 811,000 | 761,969 | 722,715 | 692,900 | 805,263 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 0 | 12,000 | 40,000 | 45,000 | 19,204 | 23,839 | 20,499 | 43,276 |
| total current liabilities | 29,000 | 72,000 | 52,000 | 856,000 | 781,335 | 751,846 | 715,282 | 849,944 |
| loans | 0 | 0 | 71,000 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 184 |
| total long term liabilities | 0 | 0 | 71,000 | 0 | 0 | 0 | 0 | 184 |
| total liabilities | 29,000 | 72,000 | 123,000 | 856,000 | 781,335 | 751,846 | 715,282 | 850,128 |
| net assets | 98,000 | 42,000 | -26,000 | -299,000 | -191,655 | -105,745 | -114,653 | -74,860 |
| total shareholders funds | 98,000 | 42,000 | -26,000 | -299,000 | -191,655 | -105,745 | -114,653 | -74,860 |
| Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Operating Profit | -115,000 | -26,000 | -76,000 | -134,000 | -109,474 | -49,723 | ||
| Depreciation | 0 | 0 | 0 | 0 | 36,189 | 6,501 | 6,528 | 675 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 6,000 | 23,761 | 20,791 |
| Tax | -13,000 | -16,000 | 15,000 | 27,000 | 23,564 | 14,079 | 298 | 13,186 |
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 55,000 | -16,000 | 5,000 | -17,219 | 3,829 | 3,867 | -11,728 | 62,251 |
| Creditors | 0 | 0 | 0 | -162 | -5,130 | 3,409 | 478 | 1,405 |
| Accruals and Deferred Income | -12,000 | -28,000 | -5,000 | 25,796 | -4,635 | 3,340 | -22,777 | 43,276 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | -184 | 184 |
| Cash flow from operations | -195,000 | -54,000 | -71,000 | -64,147 | -63,315 | -20,261 | ||
| Investing Activities | ||||||||
| capital expenditure | ||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | ||||||||
| Financing Activities | ||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | -31,000 | 48,000 | -799,000 | 49,031 | 39,254 | 29,815 | -112,363 | 805,263 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | -71,000 | 71,000 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||||
| interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from financing | -31,000 | -23,000 | -419,000 | 48,686 | 39,254 | 74,367 | -112,363 | 805,264 |
| cash and cash equivalents | ||||||||
| cash | -42,000 | 33,000 | 10,000 | -15,235 | -25,979 | 3,554 | -173,499 | 252,159 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -42,000 | 33,000 | 10,000 | -15,235 | -25,979 | 3,554 | -173,499 | 252,159 |
hm lettings limited Credit Report and Business Information
Hm Lettings Limited Competitor Analysis
Perform a competitor analysis for hm lettings limited by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other undefined companies, companies in NG1 area or any other competitors across 12 key performance metrics.
hm lettings limited Ownership
HM LETTINGS LIMITED group structure
Hm Lettings Limited has no subsidiary companies.
Ultimate parent company
NOTTINGHAM BUILDING SOCIETY
#0017554
2 parents
HM LETTINGS LIMITED
08333273
hm lettings limited directors
Hm Lettings Limited currently has 1 director, Mrs Susan Hayes serving since Apr 2022.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mrs Susan Hayes | England | 57 years | Apr 2022 | - | Director |
P&L
December 2020turnover
133k
-63%
operating profit
-115k
+342%
gross margin
21.1%
-53.81%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2020net assets
98k
+1.33%
total assets
127k
+0.11%
cash
42k
-0.5%
net assets
Total assets minus all liabilities
hm lettings limited company details
company number
08333273
Type
Private limited with Share Capital
industry
68320 - Management of real estate on a fee or contract basis
incorporation date
December 2012
age
12
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
December 2020
previous names
castlegate 701 limited (January 2013)
accountant
-
auditor
ERNST & YOUNG LLP
address
nottingham house, 3 fulforth street, nottingham, nottinghamshire, NG1 3DL
Bank
-
Legal Advisor
-
hm lettings 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 hm lettings limited.
hm lettings limited Companies House Filings - See Documents
| date | description | view/download |
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