hub box limited
hub box limited Company Information
Company Number
08591523
Next Accounts
153 days late
Shareholders
provenance investment partners i lp
mark simon harper
View AllGroup Structure
View All
Industry
Licensed restaurants
Registered Address
c/o interpath ltd, 10 fleet place, london, EC4M 7RB
Website
hubbox.co.ukhub box limited Estimated Valuation
Pomanda estimates the enterprise value of HUB BOX LIMITED at £10.7m based on a Turnover of £14.9m and 0.72x industry multiple (adjusted for size and gross margin).
hub box limited Estimated Valuation
Pomanda estimates the enterprise value of HUB BOX LIMITED at £1.2m based on an EBITDA of £248.3k and a 4.66x industry multiple (adjusted for size and gross margin).
hub box limited Estimated Valuation
Pomanda estimates the enterprise value of HUB BOX LIMITED at £0 based on Net Assets of £-784.4k and 2.72x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Hub Box Limited Overview
Hub Box Limited is a live company located in london, EC4M 7RB with a Companies House number of 08591523. It operates in the licenced restaurants sector, SIC Code 56101. Founded in July 2013, it's largest shareholder is provenance investment partners i lp with a 29.9% stake. Hub Box Limited is a established, mid sized company, Pomanda has estimated its turnover at £14.9m with high growth in recent years.
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Hub Box Limited Health Check
Pomanda's financial health check has awarded Hub Box Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 4 areas for improvement. Company Health Check FAQs
5 Strong
3 Regular
4 Weak
Size
annual sales of £14.9m, make it larger than the average company (£2.1m)
£14.9m - Hub Box Limited
£2.1m - Industry AVG
Growth
3 year (CAGR) sales growth of 20%, show it is growing at a faster rate (0.3%)
20% - Hub Box Limited
0.3% - Industry AVG
Production
with a gross margin of 35.7%, this company has a higher cost of product (56.6%)
35.7% - Hub Box Limited
56.6% - Industry AVG
Profitability
an operating margin of -5.2% make it less profitable than the average company (5.7%)
-5.2% - Hub Box Limited
5.7% - Industry AVG
Employees
with 277 employees, this is above the industry average (47)
277 - Hub Box Limited
47 - Industry AVG
Pay Structure
on an average salary of £22.3k, the company has an equivalent pay structure (£19.9k)
£22.3k - Hub Box Limited
£19.9k - Industry AVG
Efficiency
resulting in sales per employee of £53.7k, this is equally as efficient (£51.4k)
£53.7k - Hub Box Limited
£51.4k - Industry AVG
Debtor Days
it gets paid by customers after 0 days, this is earlier than average (6 days)
0 days - Hub Box Limited
6 days - Industry AVG
Creditor Days
its suppliers are paid after 56 days, this is close to average (55 days)
56 days - Hub Box Limited
55 days - Industry AVG
Stock Days
it holds stock equivalent to 6 days, this is less than average (13 days)
6 days - Hub Box Limited
13 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 4 weeks, this is less cash available to meet short term requirements (17 weeks)
4 weeks - Hub Box Limited
17 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 110.3%, this is a higher level of debt than the average (80.3%)
110.3% - Hub Box Limited
80.3% - Industry AVG
HUB BOX LIMITED financials
Hub Box Limited's latest turnover from December 2022 is £14.9 million and the company has net assets of -£784.4 thousand. According to their latest financial statements, Hub Box Limited has 277 employees and maintains cash reserves of £563.5 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | May 2016 | May 2015 | May 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 14,880,347 | 12,322,354 | 7,229,961 | 8,533,654 | ||||||
| Other Income Or Grants | ||||||||||
| Cost Of Sales | 9,572,673 | 8,135,078 | 5,073,976 | 5,701,607 | ||||||
| Gross Profit | 5,307,674 | 4,187,276 | 2,155,985 | 2,832,047 | ||||||
| Admin Expenses | 6,082,141 | 4,118,000 | 2,405,905 | 3,673,327 | ||||||
| Operating Profit | -774,467 | 69,276 | -249,920 | -841,280 | ||||||
| Interest Payable | 373,891 | 350,915 | 323,982 | 339,766 | ||||||
| Interest Receivable | 142 | 21 | 22 | 1,234 | ||||||
| Pre-Tax Profit | -1,148,216 | -281,618 | -573,880 | -1,179,812 | ||||||
| Tax | -108,169 | |||||||||
| Profit After Tax | -1,256,385 | -281,618 | -573,880 | -1,179,812 | ||||||
| Dividends Paid | ||||||||||
| Retained Profit | -1,256,385 | -281,618 | -573,880 | -1,179,812 | ||||||
| Employee Costs | 6,173,358 | 5,297,794 | 3,723,121 | 3,538,559 | ||||||
| Number Of Employees | 277 | 257 | 180 | 188 | 142 | 120 | 89 | 76 | ||
| EBITDA* | 248,273 | 937,064 | 458,078 | -90,226 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | May 2016 | May 2015 | May 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 6,240,560 | 5,089,449 | 4,313,821 | 4,182,875 | 2,855,856 | 1,404,881 | 889,318 | 729,750 | 446,776 | |
| Intangible Assets | 99,960 | 142,083 | 184,206 | 226,329 | 268,567 | 310,978 | 353,389 | 176,859 | 199,146 | |
| Investments & Other | ||||||||||
| Debtors (Due After 1 year) | ||||||||||
| Total Fixed Assets | 6,340,520 | 5,231,532 | 4,498,027 | 4,409,204 | 3,124,423 | 1,715,859 | 1,242,707 | 906,609 | 645,922 | |
| Stock & work in progress | 169,799 | 143,974 | 83,069 | 101,316 | 65,204 | 45,322 | 35,100 | 36,580 | 21,754 | |
| Trade Debtors | 1,807 | 2,400 | 2,400 | 6,060 | 59,018 | |||||
| Group Debtors | ||||||||||
| Misc Debtors | 537,156 | 550,153 | 356,750 | 566,133 | 456,749 | 322,535 | 188,578 | 204,730 | ||
| Cash | 563,499 | 1,615,922 | 825,122 | 286,875 | 1,043,436 | 263,195 | 245,603 | 55,737 | 69,906 | |
| misc current assets | ||||||||||
| total current assets | 1,272,261 | 2,310,049 | 1,264,941 | 956,724 | 1,567,789 | 631,052 | 469,281 | 303,107 | 150,678 | |
| total assets | 7,612,781 | 7,541,581 | 5,762,968 | 5,365,928 | 4,692,212 | 2,346,911 | 1,711,988 | 1,209,716 | 796,600 | |
| Bank overdraft | ||||||||||
| Bank loan | 240,000 | 198,333 | 58,333 | |||||||
| Trade Creditors | 1,483,669 | 600,086 | 506,584 | 744,004 | 840,315 | 432,232 | 233,512 | 426,633 | 868,144 | |
| Group/Directors Accounts | ||||||||||
| other short term finances | 2,067,499 | 1,061,103 | 57,473 | 575,950 | ||||||
| hp & lease commitments | 40,140 | 66,635 | 56,407 | 57,679 | 26,483 | 24,391 | 37,667 | 37,912 | ||
| other current liabilities | 2,709,392 | 2,025,196 | 1,631,785 | 1,395,281 | 904,228 | 559,015 | 725,745 | 882,684 | ||
| total current liabilities | 6,540,700 | 3,951,353 | 2,310,582 | 2,772,914 | 1,771,026 | 1,015,638 | 996,924 | 1,347,229 | 868,144 | |
| loans | 995,900 | 2,295,042 | 3,031,673 | 2,424,833 | ||||||
| hp & lease commitments | 44,462 | 50,549 | 65,039 | 84,840 | 33,330 | 28,238 | 50,259 | 33,387 | ||
| Accruals and Deferred Income | ||||||||||
| other liabilities | 460,620 | 380,131 | 36,310 | 3,021,084 | 1,044,084 | 106,467 | 191,311 | 149,483 | ||
| provisions | 355,485 | 392,507 | ||||||||
| total long term liabilities | 1,856,467 | 3,118,229 | 3,133,022 | 2,509,673 | 3,054,414 | 1,072,322 | 156,726 | 224,698 | 149,483 | |
| total liabilities | 8,397,167 | 7,069,582 | 5,443,604 | 5,282,587 | 4,825,440 | 2,087,960 | 1,153,650 | 1,571,927 | 1,017,627 | |
| net assets | -784,386 | 471,999 | 319,364 | 83,341 | -133,228 | 258,951 | 558,338 | -362,211 | -221,027 | |
| total shareholders funds | -784,386 | 471,999 | 319,364 | 83,341 | -133,228 | 258,951 | 558,338 | -362,211 | -221,027 |
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | May 2016 | May 2015 | May 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||
| Operating Profit | -774,467 | 69,276 | -249,920 | -841,280 | ||||||
| Depreciation | 980,617 | 825,665 | 665,875 | 708,816 | 172,727 | 170,147 | 61,582 | 95,028 | 50,858 | |
| Amortisation | 42,123 | 42,123 | 42,123 | 42,238 | 42,411 | 42,411 | 24,740 | 22,287 | 22,287 | |
| Tax | -108,169 | |||||||||
| Stock | 25,825 | 60,905 | -18,247 | 36,112 | 19,882 | 10,222 | 13,346 | 14,826 | 21,754 | |
| Debtors | -11,190 | 193,403 | -211,783 | 109,384 | 136,614 | 133,957 | 129,560 | 151,772 | 59,018 | |
| Creditors | 883,583 | 93,502 | -237,420 | -96,311 | 408,083 | 198,720 | -634,632 | -441,511 | 868,144 | |
| Accruals and Deferred Income | 684,196 | 393,411 | 236,504 | 491,053 | 345,213 | -166,730 | 725,745 | 882,684 | ||
| Deferred Taxes & Provisions | -37,022 | 392,507 | ||||||||
| Cash flow from operations | 1,656,226 | 1,562,176 | 687,192 | 159,020 | ||||||
| Investing Activities | ||||||||||
| capital expenditure | ||||||||||
| Change in Investments | ||||||||||
| cash flow from investments | ||||||||||
| Financing Activities | ||||||||||
| Bank loans | 41,667 | 140,000 | 58,333 | |||||||
| Group/Directors Accounts | ||||||||||
| Other Short Term Loans | 1,006,396 | 1,003,630 | -518,477 | 575,950 | ||||||
| Long term loans | -1,299,142 | -736,631 | 606,840 | 2,424,833 | ||||||
| Hire Purchase and Lease Commitments | -32,582 | -4,262 | -21,073 | 82,706 | 7,184 | -35,297 | 87,926 | 71,299 | ||
| other long term liabilities | 80,489 | 343,821 | 36,310 | -3,021,084 | 1,977,000 | 937,617 | -43,016 | 41,828 | 149,483 | |
| share issue | ||||||||||
| interest | -373,749 | -350,894 | -323,960 | -338,532 | ||||||
| cash flow from financing | -576,921 | 829,917 | 647,876 | 1,120,254 | ||||||
| cash and cash equivalents | ||||||||||
| cash | -1,052,423 | 790,800 | 538,247 | -756,561 | 780,241 | 17,592 | 175,697 | -14,169 | 69,906 | |
| overdraft | ||||||||||
| change in cash | -1,052,423 | 790,800 | 538,247 | -756,561 | 780,241 | 17,592 | 175,697 | -14,169 | 69,906 |
hub box limited Credit Report and Business Information
Hub Box Limited Competitor Analysis
Perform a competitor analysis for hub box limited by selecting its closest rivals, whether from the ACCOMMODATION AND FOOD SERVICE ACTIVITIES sector, other mid companies, companies in EC4M area or any other competitors across 12 key performance metrics.
hub box limited Ownership
HUB BOX LIMITED group structure
Hub Box Limited has no subsidiary companies.
Ultimate parent company
HUB BOX LIMITED
08591523
hub box limited directors
Hub Box Limited currently has 8 directors. The longest serving directors include Mr Richard Boon (Jul 2013) and Mr Mark Harper (Oct 2016).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Richard Boon | England | 56 years | Jul 2013 | - | Director |
| Mr Mark Harper | United Kingdom | 59 years | Oct 2016 | - | Director |
| Mr Michael Wodskou | England | 57 years | Oct 2016 | - | Director |
| Mr Simon Henderson | England | 56 years | Jan 2017 | - | Director |
| Mr Alexander Reilley | 51 years | Aug 2017 | - | Director | |
| Mr Christian Hugo | United Kingdom | 56 years | Sep 2019 | - | Director |
| Mr Christian Hugo | United Kingdom | 56 years | Sep 2019 | - | Director |
| Mr Jacob Bishop | 51 years | Jan 2021 | - | Director |
P&L
December 2022turnover
14.9m
+21%
operating profit
-774.5k
-1218%
gross margin
35.7%
+4.97%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2022net assets
-784.4k
-2.66%
total assets
7.6m
+0.01%
cash
563.5k
-0.65%
net assets
Total assets minus all liabilities
hub box limited company details
company number
08591523
Type
Private limited with Share Capital
industry
56101 - Licensed restaurants
incorporation date
July 2013
age
12
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
December 2022
previous names
N/A
accountant
-
auditor
PKF FRANCIS CLARK
address
c/o interpath ltd, 10 fleet place, london, EC4M 7RB
Bank
-
Legal Advisor
-
hub box 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 3 charges/mortgages relating to hub box limited. Currently there are 2 open charges and 1 have been satisfied in the past.
hub box 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.
Click to start generating capital raising & share issue transactions for HUB BOX LIMITED. This can take several minutes, an email will notify you when this has completed.
hub box limited Companies House Filings - See Documents
| date | description | view/download |
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