hicp holdings limited
hicp holdings limited Company Information
Company Number
09449236
Website
-Registered Address
st james house, 3rd floor, south wing, romford, essex, RM1 3NH
Industry
Hotels and similar accommodation
Telephone
-
Next Accounts Due
December 2025
Group Structure
View All
Shareholders
hin jb limited 100%
hicp holdings limited Estimated Valuation
Pomanda estimates the enterprise value of HICP HOLDINGS LIMITED at £60.5m based on a Turnover of £28.2m and 2.15x industry multiple (adjusted for size and gross margin).
hicp holdings limited Estimated Valuation
Pomanda estimates the enterprise value of HICP HOLDINGS LIMITED at £144.8m based on an EBITDA of £16.3m and a 8.88x industry multiple (adjusted for size and gross margin).
hicp holdings limited Estimated Valuation
Pomanda estimates the enterprise value of HICP HOLDINGS LIMITED at £98.9m based on Net Assets of £50.4m and 1.96x industry multiple (adjusted for liquidity).
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Hicp Holdings Limited Overview
Hicp Holdings Limited is a live company located in romford, RM1 3NH with a Companies House number of 09449236. It operates in the hotels and similar accommodation sector, SIC Code 55100. Founded in February 2015, it's largest shareholder is hin jb limited with a 100% stake. Hicp Holdings Limited is a young, large sized company, Pomanda has estimated its turnover at £28.2m with rapid growth in recent years.
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Hicp Holdings Limited Health Check
Pomanda's financial health check has awarded Hicp Holdings Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 6 measures and has 3 areas for improvement. Company Health Check FAQs
6 Strong
3 Regular
3 Weak
Size
annual sales of £28.2m, make it larger than the average company (£5.5m)
£28.2m - Hicp Holdings Limited
£5.5m - Industry AVG
Growth
3 year (CAGR) sales growth of 37%, show it is growing at a faster rate (24.4%)
37% - Hicp Holdings Limited
24.4% - Industry AVG
Production
with a gross margin of 83.3%, this company has a lower cost of product (65.3%)
83.3% - Hicp Holdings Limited
65.3% - Industry AVG
Profitability
an operating margin of 53.5% make it more profitable than the average company (8.4%)
53.5% - Hicp Holdings Limited
8.4% - Industry AVG
Employees
with 90 employees, this is similar to the industry average (88)
90 - Hicp Holdings Limited
88 - Industry AVG
Pay Structure
on an average salary of £27.5k, the company has an equivalent pay structure (£23.5k)
£27.5k - Hicp Holdings Limited
£23.5k - Industry AVG
Efficiency
resulting in sales per employee of £313k, this is more efficient (£68.3k)
£313k - Hicp Holdings Limited
£68.3k - Industry AVG
Debtor Days
it gets paid by customers after 3 days, this is earlier than average (6 days)
3 days - Hicp Holdings Limited
6 days - Industry AVG
Creditor Days
its suppliers are paid after 40 days, this is quicker than average (45 days)
40 days - Hicp Holdings Limited
45 days - Industry AVG
Stock Days
it holds stock equivalent to 6 days, this is in line with average (8 days)
6 days - Hicp Holdings Limited
8 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 1 weeks, this is less cash available to meet short term requirements (6 weeks)
1 weeks - Hicp Holdings Limited
6 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 84.7%, this is a higher level of debt than the average (74.6%)
84.7% - Hicp Holdings Limited
74.6% - Industry AVG
HICP HOLDINGS LIMITED financials
Hicp Holdings Limited's latest turnover from March 2024 is £28.2 million and the company has net assets of £50.4 million. According to their latest financial statements, Hicp Holdings Limited has 90 employees and maintains cash reserves of £2.3 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | |
|---|---|---|---|---|---|---|---|---|---|
| Turnover | 28,172,000 | 21,923,000 | 12,111,000 | 10,915,000 | 11,324,000 | 11,342,000 | 10,895,000 | 10,629,000 | 10,487,000 |
| Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cost Of Sales | 4,696,000 | 2,821,000 | 458,000 | 0 | 0 | 0 | 0 | 0 | 0 |
| Gross Profit | 23,476,000 | 19,102,000 | 11,653,000 | 10,915,000 | 11,324,000 | 11,342,000 | 10,895,000 | 10,629,000 | 10,487,000 |
| Admin Expenses | 8,410,000 | 4,540,000 | 3,993,000 | 3,401,000 | 453,000 | 429,000 | 570,000 | 49,000 | -11,770,000 |
| Operating Profit | 15,066,000 | 14,562,000 | 7,660,000 | 7,514,000 | 10,871,000 | 10,913,000 | 10,325,000 | 10,580,000 | 22,257,000 |
| Interest Payable | 18,509,000 | 12,453,000 | 8,761,000 | 12,713,000 | 13,339,000 | 13,718,000 | 13,904,000 | 13,595,000 | 17,307,000 |
| Interest Receivable | 5,725,000 | 6,412,000 | 3,247,000 | 979,000 | 963,000 | 940,000 | 431,000 | 210,000 | 0 |
| Pre-Tax Profit | -5,895,000 | 18,194,000 | 17,451,000 | -42,920,000 | -36,135,000 | 16,635,000 | 6,552,000 | -6,557,000 | 4,950,000 |
| Tax | -497,000 | -1,039,000 | -2,574,000 | -123,000 | 2,214,000 | -2,213,000 | 0 | -544,000 | -746,000 |
| Profit After Tax | -6,392,000 | 17,155,000 | 14,877,000 | -43,043,000 | -33,921,000 | 14,422,000 | 6,552,000 | -7,101,000 | 4,204,000 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Retained Profit | -6,392,000 | 17,155,000 | 14,877,000 | -43,043,000 | -33,921,000 | 14,422,000 | 6,552,000 | -7,101,000 | 4,204,000 |
| Employee Costs | 2,471,000 | 2,032,000 | 222,000 | ||||||
| Number Of Employees | 90 | 51 | 34 | ||||||
| EBITDA* | 16,304,000 | 14,562,000 | 7,660,000 | 7,514,000 | 10,871,000 | 10,913,000 | 10,325,000 | 10,580,000 | 22,257,000 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | |
|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 74,632,000 | 62,639,000 | 62,247,000 | 0 | 220,737,000 | 299,080,000 | 281,189,000 | 253,499,000 | 250,499,000 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 186,321,000 | 196,221,000 | 187,276,000 | 181,909,000 | 220,737,000 | 273,981,000 | 255,847,000 | 246,022,000 | 249,774,000 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 25,099,000 | 25,342,000 | 7,475,000 | 0 |
| Total Fixed Assets | 260,953,000 | 258,860,000 | 249,523,000 | 181,909,000 | 220,737,000 | 299,080,000 | 281,189,000 | 253,499,000 | 250,499,000 |
| Stock & work in progress | 87,000 | 23,000 | 17,000 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 275,000 | 138,000 | 86,000 | 0 | 0 | 1,358,000 | 0 | 0 | 0 |
| Group Debtors | 64,392,000 | 72,344,000 | 56,847,000 | 43,701,000 | 27,738,000 | 0 | 385,000 | 262,000 | 5,000 |
| Misc Debtors | 1,103,000 | 605,000 | 604,000 | 269,000 | 1,149,000 | 0 | 80,000 | 18,000 | 27,000 |
| Cash | 2,280,000 | 973,000 | 950,000 | 2,089,000 | 4,827,000 | 1,344,000 | 3,752,000 | 5,058,000 | 1,238,000 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 372,000 |
| total current assets | 68,137,000 | 74,083,000 | 58,504,000 | 46,059,000 | 33,714,000 | 2,702,000 | 4,217,000 | 5,338,000 | 1,642,000 |
| total assets | 329,090,000 | 332,943,000 | 308,027,000 | 227,968,000 | 254,451,000 | 301,782,000 | 285,406,000 | 258,837,000 | 252,141,000 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 594,000 | 0 | 0 | 6,538,000 | 165,442,000 | 677,000 | 596,000 | 453,000 | 522,000 |
| Trade Creditors | 519,000 | 322,000 | 250,000 | 0 | 85,000 | 92,000 | 90,000 | 274,000 | 27,000 |
| Group/Directors Accounts | 100,205,000 | 84,231,000 | 83,076,000 | 230,334,000 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 724,000 | 730,000 | 730,000 | 752,000 | 752,000 | 782,000 | 782,000 | 774,000 | 774,000 |
| other current liabilities | 4,675,000 | 3,148,000 | 2,233,000 | 519,000 | 859,000 | 2,516,000 | 5,045,000 | 6,698,000 | 576,000 |
| total current liabilities | 106,717,000 | 88,431,000 | 86,289,000 | 238,143,000 | 167,138,000 | 4,067,000 | 6,513,000 | 8,199,000 | 1,899,000 |
| loans | 132,734,000 | 149,121,000 | 174,280,000 | 0 | 70,774,000 | 478,174,000 | 503,952,000 | 460,546,000 | 445,552,000 |
| hp & lease commitments | 28,762,000 | 28,782,000 | 0 | 8,161,000 | 8,168,000 | 8,468,000 | 8,477,000 | 8,493,000 | 8,500,000 |
| 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 | 10,464,000 | 8,337,000 | 7,236,000 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 171,960,000 | 186,240,000 | 181,516,000 | 8,161,000 | 62,606,000 | 239,087,000 | 251,976,000 | 230,273,000 | 222,776,000 |
| total liabilities | 278,677,000 | 274,671,000 | 267,805,000 | 246,304,000 | 229,744,000 | 243,154,000 | 258,489,000 | 238,472,000 | 224,675,000 |
| net assets | 50,413,000 | 58,272,000 | 40,222,000 | -18,336,000 | 24,707,000 | 58,628,000 | 26,917,000 | 20,365,000 | 27,466,000 |
| total shareholders funds | 50,413,000 | 58,272,000 | 40,222,000 | -18,336,000 | 24,707,000 | 58,628,000 | 26,917,000 | 20,365,000 | 27,466,000 |
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | |
|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||
| Operating Profit | 15,066,000 | 14,562,000 | 7,660,000 | 7,514,000 | 10,871,000 | 10,913,000 | 10,325,000 | 10,580,000 | 22,257,000 |
| Depreciation | 1,238,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | -497,000 | -1,039,000 | -2,574,000 | -123,000 | 2,214,000 | -2,213,000 | 0 | -544,000 | -746,000 |
| Stock | 64,000 | 6,000 | 17,000 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | -7,317,000 | 15,550,000 | 13,567,000 | 15,083,000 | 2,430,000 | 650,000 | 18,052,000 | 7,723,000 | 32,000 |
| Creditors | 197,000 | 72,000 | 250,000 | -85,000 | -7,000 | 2,000 | -184,000 | 247,000 | 27,000 |
| Accruals and Deferred Income | 1,527,000 | 915,000 | 1,714,000 | -340,000 | -1,657,000 | -2,529,000 | -1,653,000 | 6,122,000 | 576,000 |
| Deferred Taxes & Provisions | 2,127,000 | 1,101,000 | 7,236,000 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | 26,911,000 | 55,000 | 702,000 | -8,117,000 | 8,991,000 | 5,523,000 | -9,564,000 | 8,682,000 | 22,082,000 |
| Investing Activities | |||||||||
| capital expenditure | 0 | 0 | 0 | 0 | |||||
| Change in Investments | -9,900,000 | 8,945,000 | 5,367,000 | -38,828,000 | -53,244,000 | 18,134,000 | 9,825,000 | -3,752,000 | 249,774,000 |
| cash flow from investments | 9,900,000 | -8,945,000 | -5,367,000 | 38,828,000 | |||||
| Financing Activities | |||||||||
| Bank loans | 594,000 | 0 | -6,538,000 | -158,904,000 | 164,765,000 | 81,000 | 143,000 | -69,000 | 522,000 |
| Group/Directors Accounts | 15,974,000 | 1,155,000 | -147,258,000 | 230,334,000 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | -16,387,000 | -25,159,000 | 174,280,000 | -70,774,000 | -407,400,000 | -25,778,000 | 43,406,000 | 14,994,000 | 445,552,000 |
| Hire Purchase and Lease Commitments | -26,000 | 28,782,000 | -8,183,000 | -7,000 | -330,000 | -9,000 | -8,000 | -7,000 | 9,274,000 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||||||
| interest | -12,784,000 | -6,041,000 | -5,514,000 | -11,734,000 | -12,376,000 | -12,778,000 | -13,473,000 | -13,385,000 | -17,307,000 |
| cash flow from financing | -14,096,000 | -368,000 | 50,468,000 | -11,085,000 | -255,341,000 | -21,195,000 | 30,068,000 | 1,533,000 | 461,303,000 |
| cash and cash equivalents | |||||||||
| cash | 1,307,000 | 23,000 | -1,139,000 | -2,738,000 | 3,483,000 | -2,408,000 | -1,306,000 | 3,820,000 | 1,238,000 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 1,307,000 | 23,000 | -1,139,000 | -2,738,000 | 3,483,000 | -2,408,000 | -1,306,000 | 3,820,000 | 1,238,000 |
hicp holdings limited Credit Report and Business Information
Hicp Holdings Limited Competitor Analysis
Perform a competitor analysis for hicp holdings limited by selecting its closest rivals, whether from the ACCOMMODATION AND FOOD SERVICE ACTIVITIES sector, other large companies, companies in RM1 area or any other competitors across 12 key performance metrics.
hicp holdings limited Ownership
HICP HOLDINGS LIMITED group structure
Hicp Holdings Limited has 18 subsidiary companies.
Ultimate parent company
HIN JB LTD
#0092082
1 parent
HICP HOLDINGS LIMITED
09449236
18 subsidiaries
hicp holdings limited directors
Hicp Holdings Limited currently has 4 directors. The longest serving directors include Bhriz Holloway (May 2021) and Mr Christopher Kula (May 2021).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Bhriz Holloway | Luxembourg | 35 years | May 2021 | - | Director |
| Mr Christopher Kula | United Kingdom | 41 years | May 2021 | - | Director |
| Mr Jonathan Braidley | England | 59 years | May 2021 | - | Director |
| Bhriz Holloway | Luxembourg | 35 years | May 2021 | - | Director |
P&L
March 2024turnover
28.2m
+29%
operating profit
15.1m
+3%
gross margin
83.4%
-4.36%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2024net assets
50.4m
-0.13%
total assets
329.1m
-0.01%
cash
2.3m
+1.34%
net assets
Total assets minus all liabilities
hicp holdings limited company details
company number
09449236
Type
Private limited with Share Capital
industry
55100 - Hotels and similar accommodation
incorporation date
February 2015
age
9
incorporated
UK
ultimate parent company
accounts
Group
last accounts submitted
March 2024
previous names
N/A
accountant
-
auditor
KPMG
address
st james house, 3rd floor, south wing, romford, essex, RM1 3NH
Bank
-
Legal Advisor
-
hicp holdings 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 found 12 charges/mortgages relating to hicp holdings limited. Currently there are 9 open charges and 3 have been satisfied in the past.
hicp holdings limited Companies House Filings - See Documents
| date | description | view/download |
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