hrk property ltd
hrk property ltd Company Information
Company Number
08403194
Website
-Registered Address
beechwood solesbridge lane, chorleywood, hertfordshire, WD3 5SW
Industry
Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.
Telephone
-
Next Accounts Due
December 2024
Group Structure
View All
Shareholders
himal kantilal kakad 33.3%
rakhi kakad 33.3%
View Allhrk property ltd Estimated Valuation
Pomanda estimates the enterprise value of HRK PROPERTY LTD at £590k based on a Turnover of £257.9k and 2.29x industry multiple (adjusted for size and gross margin).
hrk property ltd Estimated Valuation
Pomanda estimates the enterprise value of HRK PROPERTY LTD at £0 based on an EBITDA of £-473 and a 5.23x industry multiple (adjusted for size and gross margin).
hrk property ltd Estimated Valuation
Pomanda estimates the enterprise value of HRK PROPERTY LTD at £106.3k based on Net Assets of £65.6k and 1.62x industry multiple (adjusted for liquidity).
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Hrk Property Ltd Overview
Hrk Property Ltd is a live company located in hertfordshire, WD3 5SW with a Companies House number of 08403194. It operates in the other letting and operating of own or leased real estate sector, SIC Code 68209. Founded in February 2013, it's largest shareholder is himal kantilal kakad with a 33.3% stake. Hrk Property Ltd is a established, micro sized company, Pomanda has estimated its turnover at £257.9k with rapid growth in recent years.
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Hrk Property Ltd Health Check
Pomanda's financial health check has awarded Hrk Property Ltd a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 6 areas for improvement. Company Health Check FAQs
1 Strong
3 Regular
6 Weak
Size
annual sales of £257.9k, make it smaller than the average company (£800.8k)
- Hrk Property Ltd
£800.8k - Industry AVG
Growth
3 year (CAGR) sales growth of 31%, show it is growing at a faster rate (1.9%)
- Hrk Property Ltd
1.9% - Industry AVG
Production
with a gross margin of 33.2%, this company has a higher cost of product (75.2%)
- Hrk Property Ltd
75.2% - Industry AVG
Profitability
an operating margin of -0.2% make it less profitable than the average company (36.6%)
- Hrk Property Ltd
36.6% - Industry AVG
Employees
with 2 employees, this is below the industry average (4)
2 - Hrk Property Ltd
4 - Industry AVG
Pay Structure
on an average salary of £30.4k, the company has an equivalent pay structure (£30.4k)
- Hrk Property Ltd
£30.4k - Industry AVG
Efficiency
resulting in sales per employee of £128.9k, this is less efficient (£168.7k)
- Hrk Property Ltd
£168.7k - Industry AVG
Debtor Days
it gets paid by customers after 117 days, this is later than average (31 days)
- Hrk Property Ltd
31 days - Industry AVG
Creditor Days
its suppliers are paid after 37 days, this is close to average (37 days)
- Hrk Property Ltd
37 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Hrk Property Ltd
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Hrk Property Ltd
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 66.1%, this is a similar level of debt than the average (63.1%)
66.1% - Hrk Property Ltd
63.1% - Industry AVG
HRK PROPERTY LTD financials
Hrk Property Ltd's latest turnover from March 2023 is estimated at £257.9 thousand and the company has net assets of £65.6 thousand. According to their latest financial statements, Hrk Property Ltd has 2 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 137,292 | 113,430 | 121,972 | 137,520 | 133,943 | 97,538 | 83,623 | ||||
| Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||||
| Cost Of Sales | 36,620 | 31,570 | 35,324 | 41,477 | 36,790 | 21,500 | 19,797 | ||||
| Gross Profit | 100,672 | 81,860 | 86,648 | 96,043 | 97,153 | 76,038 | 63,826 | ||||
| Admin Expenses | 78,101 | 62,478 | 69,432 | 68,840 | 66,462 | 52,643 | 44,508 | ||||
| Operating Profit | 22,571 | 19,382 | 17,216 | 27,203 | 30,691 | 23,395 | 19,318 | ||||
| Interest Payable | 14,850 | 5,100 | 7,514 | 10,863 | 10,509 | 9,900 | 14,538 | ||||
| Interest Receivable | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||||
| Pre-Tax Profit | 7,721 | 14,282 | 9,702 | 16,340 | 20,182 | 13,495 | 4,780 | ||||
| Tax | -1,467 | -2,714 | -1,843 | -3,105 | -4,036 | -1,421 | 0 | ||||
| Profit After Tax | 6,254 | 11,568 | 7,859 | 13,235 | 16,146 | 12,074 | 4,780 | ||||
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||||
| Retained Profit | 6,254 | 11,568 | 7,859 | 13,235 | 16,146 | 12,074 | 4,780 | ||||
| Employee Costs | |||||||||||
| Number Of Employees | 2 | 2 | |||||||||
| EBITDA* | 22,571 | 19,382 | 17,216 | 35,115 | 38,604 | 31,308 | 19,318 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 110,000 | 110,000 | 110,000 | 110,000 | 110,000 | 110,000 | 110,000 | 110,000 | 110,000 | 31,651 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 7,912 | 15,825 | 23,738 | 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 | 110,000 | 110,000 | 110,000 | 110,000 | 110,000 | 110,000 | 117,912 | 125,825 | 133,738 | 31,651 | 0 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 83,290 | 81,719 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 10,215 | 0 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 50,704 | 61,497 | 48,780 | 35,097 | 0 | 16,980 | 12,920 | 0 | 0 |
| Cash | 0 | 0 | 26,609 | 6,095 | 4,373 | 9,459 | 18,340 | 41,142 | 8,083 | 0 | 0 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 83,290 | 81,719 | 77,313 | 67,592 | 53,153 | 44,556 | 18,340 | 58,122 | 21,003 | 10,215 | 0 |
| total assets | 193,290 | 191,719 | 187,313 | 177,592 | 163,153 | 154,556 | 136,252 | 183,947 | 154,741 | 41,866 | 0 |
| 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 | 17,680 | 15,636 | 12,384 | 10,384 | 8,384 | 6,384 | 384 | 11,490 | 8,236 | 53,034 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 55,350 | 42,893 | 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 | 4,181 | 2,714 | 1,843 | 3,105 | 4,036 | 1,421 | 0 | 0 | 0 |
| total current liabilities | 17,680 | 15,636 | 16,565 | 13,098 | 10,227 | 9,489 | 4,420 | 68,261 | 51,129 | 53,034 | 0 |
| loans | 0 | 0 | 110,000 | 110,000 | 110,000 | 110,000 | 110,000 | 110,000 | 110,000 | 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 | 110,000 | 110,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 110,000 | 110,000 | 110,000 | 110,000 | 110,000 | 110,000 | 110,000 | 110,000 | 110,000 | 0 | 0 |
| total liabilities | 127,680 | 125,636 | 126,565 | 123,098 | 120,227 | 119,489 | 114,420 | 178,261 | 161,129 | 53,034 | 0 |
| net assets | 65,610 | 66,083 | 60,748 | 54,494 | 42,926 | 35,067 | 21,832 | 5,686 | -6,388 | -11,168 | 0 |
| total shareholders funds | 65,610 | 66,083 | 60,748 | 54,494 | 42,926 | 35,067 | 21,832 | 5,686 | -6,388 | -11,168 | 0 |
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||
| Operating Profit | 22,571 | 19,382 | 17,216 | 27,203 | 30,691 | 23,395 | 19,318 | ||||
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 7,912 | 7,913 | 7,913 | 0 | 0 | |
| Tax | -1,467 | -2,714 | -1,843 | -3,105 | -4,036 | -1,421 | 0 | ||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 1,571 | 31,015 | -10,793 | 12,717 | 13,683 | 35,097 | -16,980 | 4,060 | 2,705 | 10,215 | 0 |
| Creditors | 2,044 | 3,252 | 2,000 | 2,000 | 2,000 | 6,000 | -11,106 | 3,254 | -44,798 | 53,034 | 0 |
| Accruals and Deferred Income | 0 | -4,181 | 1,467 | 871 | -1,262 | -931 | 2,615 | 1,421 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | 35,364 | 6,822 | 2,428 | 1,982 | 43,057 | 30,502 | -28,185 | ||||
| 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 | -55,350 | 12,457 | 42,893 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | -110,000 | 0 | 0 | 0 | 0 | 0 | 0 | 110,000 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 110,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||||||||
| interest | -14,850 | -5,100 | -7,514 | -10,863 | -10,509 | -9,900 | -14,538 | ||||
| cash flow from financing | -14,850 | -5,100 | -7,514 | -10,863 | -65,859 | 2,557 | 138,355 | ||||
| cash and cash equivalents | |||||||||||
| cash | 0 | -26,609 | 20,514 | 1,722 | -5,086 | -8,881 | -22,802 | 33,059 | 8,083 | 0 | 0 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 0 | -26,609 | 20,514 | 1,722 | -5,086 | -8,881 | -22,802 | 33,059 | 8,083 | 0 | 0 |
hrk property ltd Credit Report and Business Information
Hrk Property Ltd Competitor Analysis
Perform a competitor analysis for hrk property ltd by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other micro companies, companies in WD3 area or any other competitors across 12 key performance metrics.
hrk property ltd Ownership
HRK PROPERTY LTD group structure
Hrk Property Ltd has no subsidiary companies.
Ultimate parent company
HRK PROPERTY LTD
08403194
hrk property ltd directors
Hrk Property Ltd currently has 3 directors. The longest serving directors include Mrs Rakhi Kakad (Feb 2013) and Mr Himal Kakad (Feb 2013).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mrs Rakhi Kakad | United Kingdom | 52 years | Feb 2013 | - | Director |
| Mr Himal Kakad | United Kingdom | 54 years | Feb 2013 | - | Director |
| Mr Kantilal Kakad | United Kingdom | 91 years | Feb 2013 | - | Director |
P&L
March 2023turnover
257.9k
+11%
operating profit
-473
0%
gross margin
33.3%
+2.84%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2023net assets
65.6k
-0.01%
total assets
193.3k
+0.01%
cash
0
0%
net assets
Total assets minus all liabilities
hrk property ltd company details
company number
08403194
Type
Private limited with Share Capital
industry
68209 - Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.
incorporation date
February 2013
age
11
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
March 2023
previous names
N/A
accountant
-
auditor
-
address
beechwood solesbridge lane, chorleywood, hertfordshire, WD3 5SW
Bank
-
Legal Advisor
-
hrk property 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 hrk property ltd.
hrk property ltd Companies House Filings - See Documents
| date | description | view/download |
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