freelance hairdressers' association
freelance hairdressers' association Company Information
Company Number
08940950
Website
thefha.org.ukRegistered Address
hart house business centre, kimpton road, luton, LU2 0LB
Industry
Activities of professional membership organisations
Telephone
01582431783
Next Accounts Due
April 2025
Group Structure
View All
Shareholders
-0%
freelance hairdressers' association Estimated Valuation
Pomanda estimates the enterprise value of FREELANCE HAIRDRESSERS' ASSOCIATION at £90.7k based on a Turnover of £223.6k and 0.41x industry multiple (adjusted for size and gross margin).
freelance hairdressers' association Estimated Valuation
Pomanda estimates the enterprise value of FREELANCE HAIRDRESSERS' ASSOCIATION at £0 based on an EBITDA of £-7.4k and a 2.13x industry multiple (adjusted for size and gross margin).
freelance hairdressers' association Estimated Valuation
Pomanda estimates the enterprise value of FREELANCE HAIRDRESSERS' ASSOCIATION at £179.8k based on Net Assets of £58.6k and 3.07x industry multiple (adjusted for liquidity).
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Freelance Hairdressers' Association Overview
Freelance Hairdressers' Association is a live company located in luton, LU2 0LB with a Companies House number of 08940950. It operates in the activities of professional membership organizations sector, SIC Code 94120. Founded in March 2014, it's largest shareholder is unknown. Freelance Hairdressers' Association is a established, micro sized company, Pomanda has estimated its turnover at £223.6k with healthy growth in recent years.
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Freelance Hairdressers' Association Health Check
Pomanda's financial health check has awarded Freelance Hairdressers' Association a 2.5 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
2 Regular
6 Weak
Size
annual sales of £223.6k, make it smaller than the average company (£711.7k)
- Freelance Hairdressers' Association
£711.7k - Industry AVG
Growth
3 year (CAGR) sales growth of 12%, show it is growing at a faster rate (2.4%)
- Freelance Hairdressers' Association
2.4% - Industry AVG
Production
with a gross margin of 42.5%, this company has a higher cost of product (72.4%)
- Freelance Hairdressers' Association
72.4% - Industry AVG
Profitability
an operating margin of -3.3% make it less profitable than the average company (2.8%)
- Freelance Hairdressers' Association
2.8% - Industry AVG
Employees
with 2 employees, this is below the industry average (11)
2 - Freelance Hairdressers' Association
11 - Industry AVG
Pay Structure
on an average salary of £45.8k, the company has an equivalent pay structure (£45.8k)
- Freelance Hairdressers' Association
£45.8k - Industry AVG
Efficiency
resulting in sales per employee of £111.8k, this is equally as efficient (£105.5k)
- Freelance Hairdressers' Association
£105.5k - Industry AVG
Debtor Days
it gets paid by customers after 99 days, this is later than average (22 days)
- Freelance Hairdressers' Association
22 days - Industry AVG
Creditor Days
its suppliers are paid after 3 days, this is quicker than average (36 days)
- Freelance Hairdressers' Association
36 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Freelance Hairdressers' Association
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Freelance Hairdressers' Association
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 5.4%, this is a lower level of debt than the average (25.8%)
5.4% - Freelance Hairdressers' Association
25.8% - Industry AVG
FREELANCE HAIRDRESSERS' ASSOCIATION financials
Freelance Hairdressers' Association's latest turnover from July 2023 is estimated at £223.6 thousand and the company has net assets of £58.6 thousand. According to their latest financial statements, Freelance Hairdressers' Association has 2 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jul 2023 | Jul 2022 | Jul 2021 | Jul 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 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 | 2 | 2 | 2 | 1 | 1 | 1 | 2 | ||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jul 2023 | Jul 2022 | Jul 2021 | Jul 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | |
|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 1,213 | 621 | 359 | 438 | 534 | 242 | 295 | 295 | 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 | 1,213 | 621 | 359 | 438 | 534 | 242 | 295 | 295 | 0 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 60,720 | 118,902 | 70,944 | 46,878 | 20,093 | 9,614 | 12,023 | 884 | 1,525 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 23,155 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 7,541 | 9,943 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 60,720 | 118,902 | 94,099 | 46,878 | 20,093 | 9,614 | 12,023 | 8,425 | 11,468 |
| total assets | 61,933 | 119,523 | 94,458 | 47,316 | 20,627 | 9,856 | 12,318 | 8,720 | 11,468 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 1,254 | 51,401 | 51,926 | 11,485 | 5,555 | 937 | 2,049 | 875 | 2,450 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 1,254 | 51,401 | 51,926 | 11,485 | 5,555 | 937 | 2,049 | 875 | 2,450 |
| loans | 0 | 0 | 0 | 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 | 2,084 | 2,084 | 2,084 | 2,084 | 2,084 | 2,084 | 2,647 | 2,385 | 1,878 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 2,084 | 2,084 | 2,084 | 2,084 | 2,084 | 2,084 | 2,647 | 2,385 | 1,878 |
| total liabilities | 3,338 | 53,485 | 54,010 | 13,569 | 7,639 | 3,021 | 4,696 | 3,260 | 4,328 |
| net assets | 58,595 | 66,038 | 40,448 | 33,747 | 12,988 | 6,835 | 7,622 | 5,460 | 7,140 |
| total shareholders funds | 58,595 | 66,038 | 40,448 | 33,747 | 12,988 | 6,835 | 7,622 | 5,460 | 7,140 |
| Jul 2023 | Jul 2022 | Jul 2021 | Jul 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | |
|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||
| Operating Profit | |||||||||
| Depreciation | 65 | 0 | |||||||
| Amortisation | 0 | 0 | |||||||
| Tax | |||||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | -58,182 | 24,803 | 47,221 | 26,785 | 10,479 | -2,409 | 11,139 | -641 | 1,525 |
| Creditors | -50,147 | -525 | 40,441 | 5,930 | 4,618 | -1,112 | 1,174 | -1,575 | 2,450 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 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 | -563 | 262 | 507 | 1,878 |
| share issue | |||||||||
| interest | |||||||||
| cash flow from financing | |||||||||
| cash and cash equivalents | |||||||||
| cash | 0 | 0 | 0 | 0 | 0 | 0 | -7,541 | -2,402 | 9,943 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 0 | 0 | 0 | 0 | 0 | 0 | -7,541 | -2,402 | 9,943 |
freelance hairdressers' association Credit Report and Business Information
Freelance Hairdressers' Association Competitor Analysis
Perform a competitor analysis for freelance hairdressers' association by selecting its closest rivals, whether from the OTHER SERVICE ACTIVITIES sector, other micro companies, companies in LU2 area or any other competitors across 12 key performance metrics.
freelance hairdressers' association Ownership
FREELANCE HAIRDRESSERS' ASSOCIATION group structure
Freelance Hairdressers' Association has no subsidiary companies.
Ultimate parent company
FREELANCE HAIRDRESSERS' ASSOCIATION
08940950
freelance hairdressers' association directors
Freelance Hairdressers' Association currently has 2 directors. The longest serving directors include Mr Alan Abrahams (Mar 2014) and Mrs Sheila Abrahams (Jul 2015).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Alan Abrahams | United Kingdom | 79 years | Mar 2014 | - | Director |
| Mrs Sheila Abrahams | England | 75 years | Jul 2015 | - | Director |
P&L
July 2023turnover
223.6k
-45%
operating profit
-7.4k
0%
gross margin
42.5%
-0.99%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
July 2023net assets
58.6k
-0.11%
total assets
61.9k
-0.48%
cash
0
0%
net assets
Total assets minus all liabilities
freelance hairdressers' association company details
company number
08940950
Type
Private Limited by guarantee without Share Capital Exempt from using Limited
industry
94120 - Activities of professional membership organisations
incorporation date
March 2014
age
10
incorporated
UK
accounts
Micro-Entity Accounts
ultimate parent company
previous names
N/A
last accounts submitted
July 2023
address
hart house business centre, kimpton road, luton, LU2 0LB
accountant
-
auditor
-
freelance hairdressers' association 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 freelance hairdressers' association.
freelance hairdressers' association Companies House Filings - See Documents
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