
Company Number
08421912
Next Accounts
5 days late
Directors
Shareholders
christopher philip howe
Group Structure
View All
Industry
Retail sale of antiques including antique books, in stores
Registered Address
suite lu.231, the light bulb,, 1 filament walk, london, SW18 4GQ
Website
www.howelondon.comPomanda estimates the enterprise value of HOWE LONDON LIMITED at £371k based on a Turnover of £950k and 0.39x industry multiple (adjusted for size and gross margin).
Pomanda estimates the enterprise value of HOWE LONDON LIMITED at £1.6m based on an EBITDA of £413k and a 3.95x industry multiple (adjusted for size and gross margin).
Pomanda estimates the enterprise value of HOWE LONDON LIMITED at £3.8m based on Net Assets of £1.7m and 2.31x industry multiple (adjusted for liquidity).
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Howe London Limited is a live company located in london, SW18 4GQ with a Companies House number of 08421912. It operates in the retail sale of antiques including antique books in stores sector, SIC Code 47791. Founded in February 2013, it's largest shareholder is christopher philip howe with a 100% stake. Howe London Limited is a established, small sized company, Pomanda has estimated its turnover at £950k with declining growth in recent years.
Pomanda's financial health check has awarded Howe London Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 5 areas for improvement. Company Health Check FAQs
4 Strong
3 Regular
5 Weak
Size
annual sales of £950k, make it larger than the average company (£197k)
- Howe London Limited
£197k - Industry AVG
Growth
3 year (CAGR) sales growth of -9%, show it is growing at a slower rate (7.4%)
- Howe London Limited
7.4% - Industry AVG
Production
with a gross margin of 52.3%, this company has a comparable cost of product (52.3%)
- Howe London Limited
52.3% - Industry AVG
Profitability
an operating margin of 42.1% make it more profitable than the average company (10.4%)
- Howe London Limited
10.4% - Industry AVG
Employees
with 16 employees, this is above the industry average (3)
16 - Howe London Limited
3 - Industry AVG
Pay Structure
on an average salary of £31.7k, the company has an equivalent pay structure (£31.7k)
- Howe London Limited
£31.7k - Industry AVG
Efficiency
resulting in sales per employee of £59.4k, this is less efficient (£82.8k)
- Howe London Limited
£82.8k - Industry AVG
Debtor Days
it gets paid by customers after 160 days, this is later than average (89 days)
- Howe London Limited
89 days - Industry AVG
Creditor Days
its suppliers are paid after 182 days, this is slower than average (88 days)
- Howe London Limited
88 days - Industry AVG
Stock Days
it holds stock equivalent to 1186 days, this is more than average (951 days)
- Howe London Limited
951 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 7 weeks, this is less cash available to meet short term requirements (52 weeks)
7 weeks - Howe London Limited
52 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 51.3%, this is a similar level of debt than the average (50.6%)
51.3% - Howe London Limited
50.6% - Industry AVG
Howe London Limited's latest turnover from July 2023 is estimated at £950 thousand and the company has net assets of £1.7 million. According to their latest financial statements, Howe London Limited has 16 employees and maintains cash reserves of £228.6 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
Jul 2023 | Jul 2022 | Jul 2021 | Jul 2020 | Jul 2019 | Jul 2018 | Jul 2017 | Jul 2016 | Jul 2015 | Jul 2014 | |
---|---|---|---|---|---|---|---|---|---|---|
Turnover | 1,710,292 | 1,132,444 | ||||||||
Other Income Or Grants | ||||||||||
Cost Of Sales | 961,287 | 626,600 | ||||||||
Gross Profit | 749,005 | 505,844 | ||||||||
Admin Expenses | 496,369 | 345,834 | ||||||||
Operating Profit | 252,636 | 160,010 | ||||||||
Interest Payable | 1,511 | 1,950 | ||||||||
Interest Receivable | ||||||||||
Pre-Tax Profit | 251,125 | 158,060 | ||||||||
Tax | -53,410 | -33,954 | ||||||||
Profit After Tax | 197,715 | 124,106 | ||||||||
Dividends Paid | 27,000 | |||||||||
Retained Profit | 170,715 | 124,106 | ||||||||
Employee Costs | ||||||||||
Number Of Employees | 16 | 15 | 13 | 15 | 10 | 10 | 10 | 11 | ||
EBITDA* | 263,398 | 168,074 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
Jul 2023 | Jul 2022 | Jul 2021 | Jul 2020 | Jul 2019 | Jul 2018 | Jul 2017 | Jul 2016 | Jul 2015 | Jul 2014 | |
---|---|---|---|---|---|---|---|---|---|---|
Tangible Assets | 946,654 | 540,280 | 539,097 | 561,363 | 593,070 | 622,882 | 621,838 | 32,199 | 20,959 | 9,135 |
Intangible Assets | 1 | 1 | 1 | 1 | 583 | 7,564 | 14,545 | 21,526 | 28,508 | |
Investments & Other | 125,672 | 125,672 | 125,672 | |||||||
Debtors (Due After 1 year) | ||||||||||
Total Fixed Assets | 1,072,326 | 665,953 | 664,770 | 561,364 | 593,071 | 623,465 | 629,402 | 46,744 | 42,485 | 37,643 |
Stock & work in progress | 1,474,017 | 1,147,246 | 1,104,872 | 1,022,616 | 1,059,689 | 823,220 | 797,412 | 622,416 | 591,546 | 333,737 |
Trade Debtors | 417,890 | 430,115 | 458,442 | 319,731 | 237,752 | 311,616 | 232,053 | 138,085 | 139,144 | 92,201 |
Group Debtors | ||||||||||
Misc Debtors | 212,370 | 238,893 | 219,433 | 106,183 | 164,934 | 132,233 | 104,181 | 100,502 | 5,651 | 4,293 |
Cash | 228,562 | 450,735 | 598,772 | 283,699 | 22,760 | 93,998 | 33,518 | 61,126 | 38,288 | 42,137 |
misc current assets | ||||||||||
total current assets | 2,332,839 | 2,266,989 | 2,381,519 | 1,732,229 | 1,485,135 | 1,361,067 | 1,167,164 | 922,129 | 774,629 | 472,368 |
total assets | 3,405,165 | 2,932,942 | 3,046,289 | 2,293,593 | 2,078,206 | 1,984,532 | 1,796,566 | 968,873 | 817,114 | 510,011 |
Bank overdraft | 34,727 | 32,193 | 335,651 | 42,662 | 66,889 | 46,988 | 45,888 | 98,667 | 33,049 | 41,796 |
Bank loan | ||||||||||
Trade Creditors | 226,832 | 156,963 | 136,457 | 125,048 | 249,880 | 122,375 | 204,108 | 158,489 | 153,751 | 76,340 |
Group/Directors Accounts | ||||||||||
other short term finances | ||||||||||
hp & lease commitments | ||||||||||
other current liabilities | 1,388,680 | 1,212,862 | 1,172,898 | 790,641 | 667,331 | 674,946 | 508,444 | 283,223 | 334,056 | 267,768 |
total current liabilities | 1,650,239 | 1,402,018 | 1,645,006 | 958,351 | 984,100 | 844,309 | 758,440 | 540,379 | 520,856 | 385,904 |
loans | 86,286 | 120,643 | 152,862 | 275,729 | 309,288 | 357,006 | 339,656 | |||
hp & lease commitments | ||||||||||
Accruals and Deferred Income | ||||||||||
other liabilities | 43,221 | |||||||||
provisions | 9,200 | 8,988 | 8,763 | 106,659 | 112,683 | 105,890 | ||||
total long term liabilities | 95,486 | 172,852 | 161,625 | 382,388 | 421,971 | 462,896 | 339,656 | |||
total liabilities | 1,745,725 | 1,574,870 | 1,806,631 | 1,340,739 | 1,406,071 | 1,307,205 | 1,098,096 | 540,379 | 520,856 | 385,904 |
net assets | 1,659,440 | 1,358,072 | 1,239,658 | 952,854 | 672,135 | 677,327 | 698,470 | 428,494 | 296,258 | 124,107 |
total shareholders funds | 1,659,440 | 1,358,072 | 1,239,658 | 952,854 | 672,135 | 677,327 | 698,470 | 428,494 | 296,258 | 124,107 |
Jul 2023 | Jul 2022 | Jul 2021 | Jul 2020 | Jul 2019 | Jul 2018 | Jul 2017 | Jul 2016 | Jul 2015 | Jul 2014 | |
---|---|---|---|---|---|---|---|---|---|---|
Operating Activities | ||||||||||
Operating Profit | 252,636 | 160,010 | ||||||||
Depreciation | 13,073 | 33,787 | 35,673 | 37,575 | 37,817 | 35,964 | 14,011 | 5,912 | 3,780 | 1,664 |
Amortisation | 1 | 582 | 6,981 | 6,981 | 6,982 | 6,982 | 6,400 | |||
Tax | -53,410 | -33,954 | ||||||||
Stock | 326,771 | 42,374 | 82,256 | -37,073 | 236,469 | 25,808 | 174,996 | 30,870 | 257,809 | 333,737 |
Debtors | -38,748 | -8,867 | 251,961 | 23,228 | -41,163 | 107,615 | 97,647 | 93,792 | 48,301 | 96,494 |
Creditors | 69,869 | 20,506 | 11,409 | -124,832 | 127,505 | -81,733 | 45,619 | 4,738 | 77,411 | 76,340 |
Accruals and Deferred Income | 175,818 | 39,964 | 382,257 | 123,310 | -7,615 | 166,502 | 225,221 | -50,833 | 66,288 | 267,768 |
Deferred Taxes & Provisions | 212 | 225 | -97,896 | -6,024 | 6,793 | 105,890 | ||||
Cash flow from operations | 47,577 | 47,997 | ||||||||
Investing Activities | ||||||||||
capital expenditure | ||||||||||
Change in Investments | 125,672 | |||||||||
cash flow from investments | ||||||||||
Financing Activities | ||||||||||
Bank loans | ||||||||||
Group/Directors Accounts | ||||||||||
Other Short Term Loans | ||||||||||
Long term loans | -34,357 | -32,219 | -122,867 | -33,559 | -47,718 | 17,350 | 339,656 | |||
Hire Purchase and Lease Commitments | ||||||||||
other long term liabilities | -43,221 | 43,221 | ||||||||
share issue | ||||||||||
interest | -1,511 | -1,950 | ||||||||
cash flow from financing | -75 | -1,949 | ||||||||
cash and cash equivalents | ||||||||||
cash | -222,173 | -148,037 | 315,073 | 260,939 | -71,238 | 60,480 | -27,608 | 22,838 | -3,849 | 42,137 |
overdraft | 2,534 | -303,458 | 292,989 | -24,227 | 19,901 | 1,100 | -52,779 | 65,618 | -8,747 | 41,796 |
change in cash | -224,707 | 155,421 | 22,084 | 285,166 | -91,139 | 59,380 | 25,171 | -42,780 | 4,898 | 341 |
Perform a competitor analysis for howe london limited by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other small companies, companies in SW18 area or any other competitors across 12 key performance metrics.
HOWE LONDON LIMITED group structure
Howe London Limited has no subsidiary companies.
Ultimate parent company
HOWE LONDON LIMITED
08421912
Howe London Limited currently has 1 director, Mr Christopher Howe serving since Feb 2013.
officer | country | age | start | end | role |
---|---|---|---|---|---|
Mr Christopher Howe | England | 64 years | Feb 2013 | - | Director |
P&L
July 2023turnover
950k
-32%
operating profit
399.9k
0%
gross margin
52.3%
+60.98%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
July 2023net assets
1.7m
+0.22%
total assets
3.4m
+0.16%
cash
228.6k
-0.49%
net assets
Total assets minus all liabilities
company number
08421912
Type
Private limited with Share Capital
industry
47791 - Retail sale of antiques including antique books, in stores
incorporation date
February 2013
age
12
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
July 2023
previous names
N/A
accountant
Z GROUP
auditor
-
address
suite lu.231, the light bulb,, 1 filament walk, london, SW18 4GQ
Bank
-
Legal Advisor
-
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 5 charges/mortgages relating to howe london limited. Currently there are 2 open charges and 3 have been satisfied in the past.
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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