hiho services limited
hiho services limited Company Information
Company Number
09315696
Next Accounts
Aug 2025
Shareholders
jason michael walker
john crowther
Group Structure
View All
Industry
Web portals
Registered Address
aldgate house 1-4 market place, hull, east yorkshire, HU1 1RS
Website
www.hiho.comhiho services limited Estimated Valuation
Pomanda estimates the enterprise value of HIHO SERVICES LIMITED at £741.8k based on a Turnover of £1.3m and 0.57x industry multiple (adjusted for size and gross margin).
hiho services limited Estimated Valuation
Pomanda estimates the enterprise value of HIHO SERVICES LIMITED at £0 based on an EBITDA of £0 and a 3.42x industry multiple (adjusted for size and gross margin).
hiho services limited Estimated Valuation
Pomanda estimates the enterprise value of HIHO SERVICES LIMITED at £0 based on Net Assets of £-3.6m and 2.18x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Hiho Services Limited Overview
Hiho Services Limited is a live company located in east yorkshire, HU1 1RS with a Companies House number of 09315696. It operates in the web portals sector, SIC Code 63120. Founded in November 2014, it's largest shareholder is jason michael walker with a 70% stake. Hiho Services Limited is a established, small sized company, Pomanda has estimated its turnover at £1.3m with rapid growth in recent years.
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Hiho Services Limited Health Check
Pomanda's financial health check has awarded Hiho Services Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 4 areas for improvement. Company Health Check FAQs
4 Strong
1 Regular
4 Weak
Size
annual sales of £1.3m, make it smaller than the average company (£2.4m)
- Hiho Services Limited
£2.4m - Industry AVG
Growth
3 year (CAGR) sales growth of 235%, show it is growing at a faster rate (9.8%)
- Hiho Services Limited
9.8% - Industry AVG
Production
with a gross margin of 25.4%, this company has a higher cost of product (50.6%)
- Hiho Services Limited
50.6% - Industry AVG
Profitability
There is insufficient data available for this Key Performance Indicator!
- Hiho Services Limited
- - Industry AVG
Employees
with 2 employees, this is below the industry average (18)
2 - Hiho Services Limited
18 - Industry AVG
Pay Structure
on an average salary of £50.4k, the company has an equivalent pay structure (£50.4k)
- Hiho Services Limited
£50.4k - Industry AVG
Efficiency
resulting in sales per employee of £649.5k, this is more efficient (£111.3k)
- Hiho Services Limited
£111.3k - Industry AVG
Debtor Days
it gets paid by customers after 0 days, this is earlier than average (34 days)
- Hiho Services Limited
34 days - Industry AVG
Creditor Days
its suppliers are paid after 1357 days, this is slower than average (40 days)
- Hiho Services Limited
40 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Hiho Services Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Hiho Services Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 7091.8%, this is a higher level of debt than the average (68.1%)
7091.8% - Hiho Services Limited
68.1% - Industry AVG
HIHO SERVICES LIMITED financials
Hiho Services Limited's latest turnover from November 2023 is estimated at £1.3 million and the company has net assets of -£3.6 million. According to their latest financial statements, Hiho Services Limited has 2 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Nov 2023 | Nov 2022 | Nov 2021 | Nov 2020 | Nov 2019 | Nov 2018 | Nov 2017 | Nov 2016 | Nov 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 | 2 | 2 | 2 | 2 | ||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Nov 2023 | Nov 2022 | Nov 2021 | Nov 2020 | Nov 2019 | Nov 2018 | Nov 2017 | Nov 2016 | Nov 2015 | |
|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 50,000 | 50,000 | 50,000 | 87,863 | 60,900 | ||||
| Intangible Assets | 50,000 | 50,000 | 50,000 | 50,000 | 2,856,794 | 1,557,139 | |||
| Investments & Other | |||||||||
| Debtors (Due After 1 year) | |||||||||
| Total Fixed Assets | 50,000 | 50,000 | 50,000 | 50,000 | 50,000 | 50,000 | 50,000 | 2,944,657 | 1,618,039 |
| Stock & work in progress | |||||||||
| Trade Debtors | 861 | 916 | 957 | 167 | 506 | 346 | 127,798 | ||
| Group Debtors | |||||||||
| Misc Debtors | 24,929 | ||||||||
| Cash | 592 | 1,184 | 3,930 | 8,663 | 119,389 | 506,841 | |||
| misc current assets | 45,287 | ||||||||
| total current assets | 861 | 916 | 957 | 759 | 1,184 | 4,436 | 8,663 | 189,951 | 634,639 |
| total assets | 50,861 | 50,916 | 50,957 | 50,759 | 51,184 | 54,436 | 58,663 | 3,134,608 | 2,252,678 |
| Bank overdraft | |||||||||
| Bank loan | |||||||||
| Trade Creditors | 3,606,977 | 3,607,032 | 3,607,777 | 800 | 800 | 3,000 | 3,000 | 117,838 | 2,479,447 |
| Group/Directors Accounts | 3,604,910 | ||||||||
| other short term finances | |||||||||
| hp & lease commitments | |||||||||
| other current liabilities | 3,605,977 | 567 | 3,605,477 | 3,606,758 | 3,662,414 | ||||
| total current liabilities | 3,606,977 | 3,607,032 | 3,607,777 | 3,606,777 | 3,606,277 | 3,608,477 | 3,609,758 | 3,780,252 | 2,479,447 |
| loans | |||||||||
| hp & lease commitments | |||||||||
| Accruals and Deferred Income | |||||||||
| other liabilities | |||||||||
| provisions | |||||||||
| total long term liabilities | |||||||||
| total liabilities | 3,606,977 | 3,607,032 | 3,607,777 | 3,606,777 | 3,606,277 | 3,608,477 | 3,609,758 | 3,780,252 | 2,479,447 |
| net assets | -3,556,116 | -3,556,116 | -3,556,820 | -3,556,018 | -3,555,093 | -3,554,041 | -3,551,095 | -645,644 | -226,769 |
| total shareholders funds | -3,556,116 | -3,556,116 | -3,556,820 | -3,556,018 | -3,555,093 | -3,554,041 | -3,551,095 | -645,644 | -226,769 |
| Nov 2023 | Nov 2022 | Nov 2021 | Nov 2020 | Nov 2019 | Nov 2018 | Nov 2017 | Nov 2016 | Nov 2015 | |
|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||
| Operating Profit | |||||||||
| Depreciation | 87,863 | 3,854 | 3,854 | ||||||
| Amortisation | 2,806,794 | ||||||||
| Tax | |||||||||
| Stock | |||||||||
| Debtors | -55 | -41 | 790 | 167 | -506 | 506 | -25,275 | -102,523 | 127,798 |
| Creditors | -55 | -745 | 3,606,977 | -2,200 | -114,838 | -2,361,609 | 2,479,447 | ||
| Accruals and Deferred Income | -3,605,977 | 3,605,410 | -3,604,910 | -1,281 | -55,656 | 3,662,414 | |||
| Deferred Taxes & Provisions | |||||||||
| Cash flow from operations | |||||||||
| Investing Activities | |||||||||
| capital expenditure | |||||||||
| Change in Investments | |||||||||
| cash flow from investments | |||||||||
| Financing Activities | |||||||||
| Bank loans | |||||||||
| Group/Directors Accounts | -3,604,910 | 3,604,910 | |||||||
| Other Short Term Loans | |||||||||
| Long term loans | |||||||||
| Hire Purchase and Lease Commitments | |||||||||
| other long term liabilities | |||||||||
| share issue | |||||||||
| interest | |||||||||
| cash flow from financing | |||||||||
| cash and cash equivalents | |||||||||
| cash | -592 | -592 | -2,746 | -4,733 | -110,726 | -387,452 | 506,841 | ||
| overdraft | |||||||||
| change in cash | -592 | -592 | -2,746 | -4,733 | -110,726 | -387,452 | 506,841 |
hiho services limited Credit Report and Business Information
Hiho Services Limited Competitor Analysis
Perform a competitor analysis for hiho services limited by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other small companies, companies in HU1 area or any other competitors across 12 key performance metrics.
hiho services limited Ownership
HIHO SERVICES LIMITED group structure
Hiho Services Limited has no subsidiary companies.
Ultimate parent company
HIHO SERVICES LIMITED
09315696
hiho services limited directors
Hiho Services Limited currently has 2 directors. The longest serving directors include Mr Jason Walker (Apr 2015) and Mr John Crowther (Jan 2016).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Jason Walker | 49 years | Apr 2015 | - | Director | |
| Mr John Crowther | United Kingdom | 56 years | Jan 2016 | - | Director |
P&L
November 2023turnover
1.3m
+140%
operating profit
0
0%
gross margin
25.4%
-14.95%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
November 2023net assets
-3.6m
0%
total assets
50.9k
0%
cash
0
0%
net assets
Total assets minus all liabilities
hiho services limited company details
company number
09315696
Type
Private limited with Share Capital
industry
63120 - Web portals
incorporation date
November 2014
age
11
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
November 2023
previous names
evalu limited (September 2015)
hubode limited (January 2015)
accountant
-
auditor
-
address
aldgate house 1-4 market place, hull, east yorkshire, HU1 1RS
Bank
-
Legal Advisor
-
hiho services 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 hiho services limited.
hiho services 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.
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hiho services limited Companies House Filings - See Documents
| date | description | view/download |
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