the hygrove limited
the hygrove limited Company Information
Company Number
08874938
Website
thehygrove.comRegistered Address
hygrove house main road, minsterworth, gloucester, GL2 8JG
Industry
Residential care activities for learning disabilities, mental health and substance abuse
Telephone
01603513091
Next Accounts Due
December 2024
Group Structure
View All
Shareholders
hygrove house limited 100%
the hygrove limited Estimated Valuation
Pomanda estimates the enterprise value of THE HYGROVE LIMITED at £627k based on a Turnover of £1.1m and 0.59x industry multiple (adjusted for size and gross margin).
the hygrove limited Estimated Valuation
Pomanda estimates the enterprise value of THE HYGROVE LIMITED at £491.2k based on an EBITDA of £106.9k and a 4.59x industry multiple (adjusted for size and gross margin).
the hygrove limited Estimated Valuation
Pomanda estimates the enterprise value of THE HYGROVE LIMITED at £0 based on Net Assets of £-322.1k and 3.38x industry multiple (adjusted for liquidity).
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The Hygrove Limited Overview
The Hygrove Limited is a live company located in gloucester, GL2 8JG with a Companies House number of 08874938. It operates in the residential care activities for mental difficulties, mental health and substance abuse sector, SIC Code 87200. Founded in February 2014, it's largest shareholder is hygrove house limited with a 100% stake. The Hygrove Limited is a established, small sized company, Pomanda has estimated its turnover at £1.1m with low growth in recent years.
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The Hygrove Limited Health Check
Pomanda's financial health check has awarded The Hygrove Limited a 2 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
3 Regular
6 Weak
Size
annual sales of £1.1m, make it smaller than the average company (£3m)
- The Hygrove Limited
£3m - Industry AVG
Growth
3 year (CAGR) sales growth of 3%, show it is growing at a slower rate (5.9%)
- The Hygrove Limited
5.9% - Industry AVG
Production
with a gross margin of 33.3%, this company has a comparable cost of product (33.3%)
- The Hygrove Limited
33.3% - Industry AVG
Profitability
an operating margin of 8.4% make it as profitable than the average company (7.2%)
- The Hygrove Limited
7.2% - Industry AVG
Employees
with 34 employees, this is below the industry average (73)
34 - The Hygrove Limited
73 - Industry AVG
Pay Structure
on an average salary of £24k, the company has an equivalent pay structure (£24k)
- The Hygrove Limited
£24k - Industry AVG
Efficiency
resulting in sales per employee of £31.1k, this is less efficient (£38.2k)
- The Hygrove Limited
£38.2k - Industry AVG
Debtor Days
it gets paid by customers after 15 days, this is earlier than average (21 days)
- The Hygrove Limited
21 days - Industry AVG
Creditor Days
its suppliers are paid after 19 days, this is slower than average (11 days)
- The Hygrove Limited
11 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- The Hygrove Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 1 weeks, this is less cash available to meet short term requirements (54 weeks)
1 weeks - The Hygrove Limited
54 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 262.4%, this is a higher level of debt than the average (37.5%)
262.4% - The Hygrove Limited
37.5% - Industry AVG
THE HYGROVE LIMITED financials
The Hygrove Limited's latest turnover from March 2023 is estimated at £1.1 million and the company has net assets of -£322.1 thousand. According to their latest financial statements, The Hygrove Limited has 34 employees and maintains cash reserves of £12.3 thousand 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 | Feb 2016 | Feb 2015 | |
|---|---|---|---|---|---|---|---|---|---|
| Turnover | |||||||||
| Other Income Or Grants | |||||||||
| Cost Of Sales | |||||||||
| Gross Profit | |||||||||
| Admin Expenses | |||||||||
| Operating Profit | |||||||||
| Interest Payable | |||||||||
| Interest Receivable | |||||||||
| Pre-Tax Profit | |||||||||
| Tax | |||||||||
| Profit After Tax | |||||||||
| Dividends Paid | |||||||||
| Retained Profit | |||||||||
| Employee Costs | |||||||||
| Number Of Employees | 34 | 35 | 36 | 36 | 25 | 3 | |||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Feb 2016 | Feb 2015 | |
|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 138,578 | 142,481 | 147,843 | 160,065 | 159,431 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 138,578 | 142,481 | 147,843 | 160,065 | 159,431 | 0 | 0 | 0 | 0 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 44,263 | 38,987 | 0 | 12,876 | 0 | 0 | 100 | 0 | 0 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 3,215 | 4,202 | 35,871 | 0 | 0 | 105,039 | 0 | 0 | 0 |
| Cash | 12,255 | 5,748 | 4,535 | 14,923 | 16,368 | 0 | 0 | 0 | 0 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 319 | 0 | 0 | 0 |
| total current assets | 59,733 | 48,937 | 40,406 | 27,799 | 16,368 | 105,358 | 100 | 0 | 0 |
| total assets | 198,311 | 191,418 | 188,249 | 187,864 | 175,799 | 105,358 | 100 | 0 | 0 |
| Bank overdraft | 0 | 10,968 | 9,324 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 37,893 | 95,390 | 116,584 | 72,524 | 149,317 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 260,937 | 290,833 | 315,593 | 546,616 | 582,393 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 189,885 | 155,265 | 127,721 | 123,799 | 135,053 | 186,508 | 0 | 0 | 0 |
| total current liabilities | 488,715 | 552,456 | 569,222 | 742,939 | 866,763 | 186,508 | 0 | 0 | 0 |
| loans | 31,701 | 30,699 | 40,676 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 31,701 | 30,699 | 40,676 | 0 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 520,416 | 583,155 | 609,898 | 742,939 | 866,763 | 186,508 | 0 | 0 | 0 |
| net assets | -322,105 | -391,737 | -421,649 | -555,075 | -690,964 | -81,150 | 100 | 0 | 0 |
| total shareholders funds | -322,105 | -391,737 | -421,649 | -555,075 | -690,964 | -81,150 | 100 | 0 | 0 |
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Feb 2016 | Feb 2015 | |
|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||
| Operating Profit | |||||||||
| Depreciation | 17,600 | 18,771 | 17,902 | 20,376 | 18,549 | 0 | 0 | ||
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||
| Tax | |||||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 4,289 | 7,318 | 22,995 | 12,876 | -105,039 | 104,939 | 100 | 0 | 0 |
| Creditors | -57,497 | -21,194 | 44,060 | -76,793 | 149,317 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 34,620 | 27,544 | 3,922 | -11,254 | -51,455 | 186,508 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | |||||||||
| Investing Activities | |||||||||
| capital expenditure | |||||||||
| Change in Investments | 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 |
| Group/Directors Accounts | -29,896 | -24,760 | -231,023 | -35,777 | 582,393 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 1,002 | -9,977 | 40,676 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||||||
| interest | |||||||||
| cash flow from financing | |||||||||
| cash and cash equivalents | |||||||||
| cash | 6,507 | 1,213 | -10,388 | -1,445 | 16,368 | 0 | 0 | 0 | 0 |
| overdraft | -10,968 | 1,644 | 9,324 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 17,475 | -431 | -19,712 | -1,445 | 16,368 | 0 | 0 | 0 | 0 |
the hygrove limited Credit Report and Business Information
The Hygrove Limited Competitor Analysis
Perform a competitor analysis for the hygrove limited by selecting its closest rivals, whether from the HUMAN HEALTH AND SOCIAL WORK ACTIVITIES sector, other small companies, companies in GL2 area or any other competitors across 12 key performance metrics.
the hygrove limited Ownership
THE HYGROVE LIMITED group structure
The Hygrove Limited has no subsidiary companies.
the hygrove limited directors
The Hygrove Limited currently has 4 directors. The longest serving directors include Mr Graham Middleton (Jun 2016) and Mr Raymond Dowding (May 2018).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Graham Middleton | United Kingdom | 73 years | Jun 2016 | - | Director |
| Mr Raymond Dowding | England | 72 years | May 2018 | - | Director |
| Mr Liam Mehigan | United Kingdom | 53 years | Aug 2018 | - | Director |
| Mr Paul Bowley | United Kingdom | 45 years | Feb 2019 | - | Director |
P&L
March 2023turnover
1.1m
-17%
operating profit
89.3k
0%
gross margin
33.4%
-1.17%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2023net assets
-322.1k
-0.18%
total assets
198.3k
+0.04%
cash
12.3k
+1.13%
net assets
Total assets minus all liabilities
Similar Companies
the hygrove limited company details
company number
08874938
Type
Private limited with Share Capital
industry
87200 - Residential care activities for learning disabilities, mental health and substance abuse
incorporation date
February 2014
age
10
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
March 2023
previous names
drink and drugs recovery ltd (May 2018)
accountant
-
auditor
-
address
hygrove house main road, minsterworth, gloucester, GL2 8JG
Bank
-
Legal Advisor
-
the hygrove 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 the hygrove limited.
the hygrove limited Companies House Filings - See Documents
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