spruce & hawe properties limited

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spruce & hawe properties limited Company Information

Share SPRUCE & HAWE PROPERTIES LIMITED
Live 
EstablishedMicroHealthy

Company Number

08834494

Registered Address

blind lane tockwith, york, YO26 7QJ

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

01423358601

Next Accounts Due

October 2025

Group Structure

View All

Directors

Martin Hawe10 Years

Wendy Hawe6 Years

Shareholders

martin hawe 60%

wendy hawe 40%

spruce & hawe properties limited Estimated Valuation

£1.1m

Pomanda estimates the enterprise value of SPRUCE & HAWE PROPERTIES LIMITED at £1.1m based on a Turnover of £345.1k and 3.19x industry multiple (adjusted for size and gross margin).

spruce & hawe properties limited Estimated Valuation

£318.4k

Pomanda estimates the enterprise value of SPRUCE & HAWE PROPERTIES LIMITED at £318.4k based on an EBITDA of £43.6k and a 7.29x industry multiple (adjusted for size and gross margin).

spruce & hawe properties limited Estimated Valuation

£58.9k

Pomanda estimates the enterprise value of SPRUCE & HAWE PROPERTIES LIMITED at £58.9k based on Net Assets of £36.4k and 1.62x industry multiple (adjusted for liquidity).

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Spruce & Hawe Properties Limited Overview

Spruce & Hawe Properties Limited is a live company located in york, YO26 7QJ with a Companies House number of 08834494. It operates in the other letting and operating of own or leased real estate sector, SIC Code 68209. Founded in January 2014, it's largest shareholder is martin hawe with a 60% stake. Spruce & Hawe Properties Limited is a established, micro sized company, Pomanda has estimated its turnover at £345.1k with healthy growth in recent years.

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Spruce & Hawe Properties Limited Health Check

Pomanda's financial health check has awarded Spruce & Hawe Properties Limited a 2 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 4 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating2out of 5
positive_score

1 Strong

positive_score

4 Regular

positive_score

4 Weak

size

Size

annual sales of £345.1k, make it smaller than the average company (£840.3k)

£345.1k - Spruce & Hawe Properties Limited

£840.3k - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 7%, show it is growing at a faster rate (4.2%)

7% - Spruce & Hawe Properties Limited

4.2% - Industry AVG

production

Production

with a gross margin of 78.2%, this company has a comparable cost of product (78.2%)

78.2% - Spruce & Hawe Properties Limited

78.2% - Industry AVG

profitability

Profitability

an operating margin of 12.7% make it less profitable than the average company (34.7%)

12.7% - Spruce & Hawe Properties Limited

34.7% - Industry AVG

employees

Employees

with 2 employees, this is below the industry average (4)

2 - Spruce & Hawe Properties Limited

4 - Industry AVG

paystructure

Pay Structure

on an average salary of £32.5k, the company has an equivalent pay structure (£32.5k)

£32.5k - Spruce & Hawe Properties Limited

£32.5k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £172.5k, this is equally as efficient (£172.5k)

£172.5k - Spruce & Hawe Properties Limited

£172.5k - Industry AVG

debtordays

Debtor Days

There is insufficient data available for this Key Performance Indicator!

- - Spruce & Hawe Properties Limited

- - Industry AVG

creditordays

Creditor Days

There is insufficient data available for this Key Performance Indicator!

- - Spruce & Hawe Properties Limited

- - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Spruce & Hawe Properties Limited

- - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 13 weeks, this is average cash available to meet short term requirements (12 weeks)

13 weeks - Spruce & Hawe Properties Limited

12 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 93%, this is a higher level of debt than the average (62.6%)

93% - Spruce & Hawe Properties Limited

62.6% - Industry AVG

SPRUCE & HAWE PROPERTIES LIMITED financials

EXPORTms excel logo

Spruce & Hawe Properties Limited's latest turnover from January 2024 is estimated at £345.1 thousand and the company has net assets of £36.4 thousand. According to their latest financial statements, Spruce & Hawe Properties Limited has 2 employees and maintains cash reserves of £124.3 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Jan 2024Jan 2023Jan 2022Jan 2021Jan 2020Jan 2019Jan 2018Jan 2017Jan 2016Jan 2015
Turnover345,096347,624295,767283,44500732,245639,984739,748282,916
Other Income Or Grants0000000000
Cost Of Sales75,28893,30384,26776,47600199,324168,306223,21097,951
Gross Profit269,809254,320211,500206,96900532,921471,677516,538184,964
Admin Expenses226,164255,936250,659225,3859,404-30,577513,683474,781518,516144,683
Operating Profit43,645-1,616-39,159-18,416-9,40430,57719,238-3,104-1,97840,281
Interest Payable0000000000
Interest Receivable4,6931,3552811794725800
Pre-Tax Profit48,337-261-39,131-18,405-9,32530,62519,263-3,096-1,97840,281
Tax-12,0840000-5,819-3,66000-8,459
Profit After Tax36,253-261-39,131-18,405-9,32524,80615,603-3,096-1,97831,822
Dividends Paid0000000000
Retained Profit36,253-261-39,131-18,405-9,32524,80615,603-3,096-1,97831,822
Employee Costs64,98961,02559,48954,09400155,216127,663131,00051,438
Number Of Employees2222006552
EBITDA*43,645-1,616-39,159-18,416-9,40430,57719,238-3,104-1,97840,281

* Earnings Before Interest, Tax, Depreciation and Amortisation

Jan 2024Jan 2023Jan 2022Jan 2021Jan 2020Jan 2019Jan 2018Jan 2017Jan 2016Jan 2015
Tangible Assets372,000372,000372,000300,000300,000300,000300,000300,000300,000324,000
Intangible Assets0000000000
Investments & Other0000000000
Debtors (Due After 1 year)0000000000
Total Fixed Assets372,000372,000372,000300,000300,000300,000300,000300,000300,000324,000
Stock & work in progress0000000000
Trade Debtors0000000001,603
Group Debtors0000000000
Misc Debtors24,23405,66517,4041,52100000
Cash124,26963,43813,9698,73112,3578,7433,8626,01300
misc current assets0000000000
total current assets148,50363,43819,63426,13513,8788,7433,8626,01301,603
total assets520,503435,438391,634326,135313,878308,743303,862306,013300,000325,603
Bank overdraft0000000000
Bank loan0000000000
Trade Creditors 000000261,411279,165270,056293,681
Group/Directors Accounts444,297415,182385,348280,304249,66147,1310000
other short term finances0000000000
hp & lease commitments0000000000
other current liabilities39,81820,1215,8906,3046,285194,3550000
total current liabilities484,115435,303391,238286,608255,946241,486261,411279,165270,056293,681
loans0000000000
hp & lease commitments0000000000
Accruals and Deferred Income0000000000
other liabilities0000000000
provisions0000000000
total long term liabilities0000000000
total liabilities484,115435,303391,238286,608255,946241,486261,411279,165270,056293,681
net assets36,38813539639,52757,93267,25742,45126,84829,94431,922
total shareholders funds36,38813539639,52757,93267,25742,45126,84829,94431,922
Jan 2024Jan 2023Jan 2022Jan 2021Jan 2020Jan 2019Jan 2018Jan 2017Jan 2016Jan 2015
Operating Activities
Operating Profit43,645-1,616-39,159-18,416-9,40430,57719,238-3,104-1,97840,281
Depreciation0000000000
Amortisation0000000000
Tax-12,0840000-5,819-3,66000-8,459
Stock0000000000
Debtors24,234-5,665-11,73915,8831,521000-1,6031,603
Creditors00000-261,411-17,7549,109-23,625293,681
Accruals and Deferred Income19,69714,231-41419-188,070194,3550000
Deferred Taxes & Provisions0000000000
Cash flow from operations27,02418,280-27,834-34,280-198,995-42,298-2,1766,005-24,000323,900
Investing Activities
capital expenditure00-72,0000000024,000-324,000
Change in Investments0000000000
cash flow from investments00-72,0000000024,000-324,000
Financing Activities
Bank loans0000000000
Group/Directors Accounts29,11529,834105,04430,643202,53047,1310000
Other Short Term Loans 0000000000
Long term loans0000000000
Hire Purchase and Lease Commitments0000000000
other long term liabilities0000000000
share issue000000000100
interest4,6931,3552811794725800
cash flow from financing33,80831,189105,07230,654202,60947,1782580100
cash and cash equivalents
cash60,83149,4695,238-3,6263,6144,881-2,1516,01300
overdraft0000000000
change in cash60,83149,4695,238-3,6263,6144,881-2,1516,01300

spruce & hawe properties limited Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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Spruce & Hawe Properties Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for spruce & hawe properties limited by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other micro companies, companies in YO26 area or any other competitors across 12 key performance metrics.

spruce & hawe properties limited Ownership

SPRUCE & HAWE PROPERTIES LIMITED group structure

Spruce & Hawe Properties Limited has no subsidiary companies.

Ultimate parent company

SPRUCE & HAWE PROPERTIES LIMITED

08834494

SPRUCE & HAWE PROPERTIES LIMITED Shareholders

martin hawe 60%
wendy hawe 40%

spruce & hawe properties limited directors

Spruce & Hawe Properties Limited currently has 2 directors. The longest serving directors include Mr Martin Hawe (Jan 2014) and Mrs Wendy Hawe (Nov 2017).

officercountryagestartendrole
Mr Martin HaweUnited Kingdom61 years Jan 2014- Director
Mrs Wendy HaweUnited Kingdom58 years Nov 2017- Director

P&L

January 2024

turnover

345.1k

-1%

operating profit

43.6k

0%

gross margin

78.2%

+6.87%

turnover

Turnover, or revenue, is the amount of sales generated by a company within the financial year.

Balance Sheet

January 2024

net assets

36.4k

+268.54%

total assets

520.5k

+0.2%

cash

124.3k

+0.96%

net assets

Total assets minus all liabilities

spruce & hawe properties limited company details

company number

08834494

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

January 2014

age

10

incorporated

UK

ultimate parent company

None

accounts

Total Exemption Full

last accounts submitted

January 2024

previous names

N/A

accountant

JONES & CO OF YORK LTD

auditor

-

address

blind lane tockwith, york, YO26 7QJ

Bank

-

Legal Advisor

-

spruce & hawe properties 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 spruce & hawe properties limited.

charges

spruce & hawe properties limited Companies House Filings - See Documents

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