the horner management practice limited
the horner management practice limited Company Information
Company Number
09093164
Website
-Registered Address
117 fencepiece road, ilford, essex, IG6 2LD
Industry
Other personal service activities n.e.c.
Telephone
-
Next Accounts Due
August 2024
Group Structure
View All
Directors
Fay McGahan10 Years
Shareholders
fay mcgahan 100%
the horner management practice limited Estimated Valuation
Pomanda estimates the enterprise value of THE HORNER MANAGEMENT PRACTICE LIMITED at £235.3k based on a Turnover of £391.6k and 0.6x industry multiple (adjusted for size and gross margin).
the horner management practice limited Estimated Valuation
Pomanda estimates the enterprise value of THE HORNER MANAGEMENT PRACTICE LIMITED at £176.7k based on an EBITDA of £36.6k and a 4.83x industry multiple (adjusted for size and gross margin).
the horner management practice limited Estimated Valuation
Pomanda estimates the enterprise value of THE HORNER MANAGEMENT PRACTICE LIMITED at £296k based on Net Assets of £107.8k and 2.75x industry multiple (adjusted for liquidity).
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The Horner Management Practice Limited Overview
The Horner Management Practice Limited is a dissolved company that was located in essex, IG6 2LD with a Companies House number of 09093164. It operated in the other service activities n.e.c. sector, SIC Code 96090. Founded in June 2014, it's largest shareholder was fay mcgahan with a 100% stake. The last turnover for The Horner Management Practice Limited was estimated at £391.6k.
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The Horner Management Practice Limited Health Check
Pomanda's financial health check has awarded The Horner Management Practice Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 5 areas for improvement. Company Health Check FAQs
2 Strong
2 Regular
5 Weak
Size
annual sales of £391.6k, make it smaller than the average company (£566.6k)
- The Horner Management Practice Limited
£566.6k - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- The Horner Management Practice Limited
- - Industry AVG
Production
with a gross margin of 20.6%, this company has a higher cost of product (41%)
- The Horner Management Practice Limited
41% - Industry AVG
Profitability
an operating margin of 9.4% make it as profitable than the average company (7.9%)
- The Horner Management Practice Limited
7.9% - Industry AVG
Employees
with 3 employees, this is below the industry average (15)
- The Horner Management Practice Limited
15 - Industry AVG
Pay Structure
on an average salary of £24.8k, the company has an equivalent pay structure (£24.8k)
- The Horner Management Practice Limited
£24.8k - Industry AVG
Efficiency
resulting in sales per employee of £130.5k, this is more efficient (£72.4k)
- The Horner Management Practice Limited
£72.4k - Industry AVG
Debtor Days
it gets paid by customers after 105 days, this is later than average (32 days)
- The Horner Management Practice Limited
32 days - Industry AVG
Creditor Days
its suppliers are paid after 14 days, this is quicker than average (39 days)
- The Horner Management Practice Limited
39 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- The Horner Management Practice Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - The Horner Management Practice Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 10.1%, this is a lower level of debt than the average (48.6%)
10.1% - The Horner Management Practice Limited
48.6% - Industry AVG
THE HORNER MANAGEMENT PRACTICE LIMITED financials
The Horner Management Practice Limited's latest turnover from June 2017 is estimated at £391.6 thousand and the company has net assets of £107.8 thousand. According to their latest financial statements, we estimate that The Horner Management Practice Limited has 3 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jun 2017 | Jun 2016 | Jun 2015 | |
|---|---|---|---|
| Turnover | 314,240 | 113,523 | |
| Other Income Or Grants | 0 | 0 | |
| Cost Of Sales | 195,512 | 47,230 | |
| Gross Profit | 118,728 | 66,293 | |
| Admin Expenses | 58,620 | 29,402 | |
| Operating Profit | 60,108 | 36,891 | |
| Interest Payable | 0 | 0 | |
| Interest Receivable | 0 | 0 | |
| Pre-Tax Profit | 60,108 | 36,891 | |
| Tax | -12,873 | -5,968 | |
| Profit After Tax | 47,235 | 30,923 | |
| Dividends Paid | 0 | 0 | |
| Retained Profit | 47,235 | 30,923 | |
| Employee Costs | |||
| Number Of Employees | |||
| EBITDA* | 62,240 | 38,654 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jun 2017 | Jun 2016 | Jun 2015 | |
|---|---|---|---|
| Tangible Assets | 6,823 | 8,528 | 7,052 |
| Intangible Assets | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 |
| Total Fixed Assets | 6,823 | 8,528 | 7,052 |
| Stock & work in progress | 0 | 0 | 0 |
| Trade Debtors | 113,068 | 52,753 | 7,978 |
| Group Debtors | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 |
| Cash | 0 | 36,153 | 27,896 |
| misc current assets | 0 | 0 | 0 |
| total current assets | 113,068 | 88,906 | 35,874 |
| total assets | 119,891 | 97,434 | 42,926 |
| Bank overdraft | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 |
| Trade Creditors | 12,050 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 |
| other current liabilities | 0 | 18,276 | 11,003 |
| total current liabilities | 12,050 | 18,276 | 11,003 |
| loans | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 |
| total liabilities | 12,050 | 18,276 | 11,003 |
| net assets | 107,841 | 79,158 | 31,923 |
| total shareholders funds | 107,841 | 79,158 | 31,923 |
| Jun 2017 | Jun 2016 | Jun 2015 | |
|---|---|---|---|
| Operating Activities | |||
| Operating Profit | 60,108 | 36,891 | |
| Depreciation | 2,132 | 1,763 | |
| Amortisation | 0 | 0 | |
| Tax | -12,873 | -5,968 | |
| Stock | 0 | 0 | 0 |
| Debtors | 60,315 | 44,775 | 7,978 |
| Creditors | 12,050 | 0 | 0 |
| Accruals and Deferred Income | -18,276 | 7,273 | 11,003 |
| Deferred Taxes & Provisions | 0 | 0 | 0 |
| Cash flow from operations | 11,865 | 35,711 | |
| Investing Activities | |||
| capital expenditure | |||
| Change in Investments | 0 | 0 | 0 |
| cash flow from investments | |||
| Financing Activities | |||
| Bank loans | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 |
| share issue | |||
| interest | 0 | 0 | |
| cash flow from financing | 0 | 1,000 | |
| cash and cash equivalents | |||
| cash | -36,153 | 8,257 | 27,896 |
| overdraft | 0 | 0 | 0 |
| change in cash | -36,153 | 8,257 | 27,896 |
the horner management practice limited Credit Report and Business Information
The Horner Management Practice Limited Competitor Analysis
Perform a competitor analysis for the horner management practice limited by selecting its closest rivals, whether from the OTHER SERVICE ACTIVITIES sector, other undefined companies, companies in IG6 area or any other competitors across 12 key performance metrics.
the horner management practice limited Ownership
THE HORNER MANAGEMENT PRACTICE LIMITED group structure
The Horner Management Practice Limited has no subsidiary companies.
Ultimate parent company
THE HORNER MANAGEMENT PRACTICE LIMITED
09093164
the horner management practice limited directors
The Horner Management Practice Limited currently has 1 director, Ms Fay McGahan serving since Jun 2014.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Ms Fay McGahan | United Kingdom | 47 years | Jun 2014 | - | Director |
P&L
June 2017turnover
391.6k
+25%
operating profit
36.6k
0%
gross margin
20.7%
-45.47%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
June 2017net assets
107.8k
+0.36%
total assets
119.9k
+0.23%
cash
0
-1%
net assets
Total assets minus all liabilities
the horner management practice limited company details
company number
09093164
Type
Private limited with Share Capital
industry
96090 - Other personal service activities n.e.c.
incorporation date
June 2014
age
10
accounts
Micro-Entity Accounts
ultimate parent company
previous names
N/A
incorporated
UK
address
117 fencepiece road, ilford, essex, IG6 2LD
last accounts submitted
June 2017
the horner management practice 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 horner management practice limited.
the horner management practice limited Companies House Filings - See Documents
| date | description | view/download |
|---|
