hurr tech ltd

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hurr tech ltd Company Information

Share HURR TECH LTD

Company Number

09482836

Directors

Kamal Haider

Shareholders

kamal haider

Group Structure

View All

Industry

Retail sale via mail order houses or via Internet

 

Registered Address

4 apsley street, bristol, BS5 6SP

Website

-

hurr tech ltd Estimated Valuation

£83.6k

Pomanda estimates the enterprise value of HURR TECH LTD at £83.6k based on a Turnover of £344.5k and 0.24x industry multiple (adjusted for size and gross margin).

hurr tech ltd Estimated Valuation

£0

Pomanda estimates the enterprise value of HURR TECH LTD at £0 based on an EBITDA of £-27k and a 2.88x industry multiple (adjusted for size and gross margin).

hurr tech ltd Estimated Valuation

£0

Pomanda estimates the enterprise value of HURR TECH LTD at £0 based on Net Assets of £-115.1k and 2.14x industry multiple (adjusted for liquidity).

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Hurr Tech Ltd Overview

Hurr Tech Ltd is a live company located in bristol, BS5 6SP with a Companies House number of 09482836. It operates in the retail sale via mail order houses or via internet sector, SIC Code 47910. Founded in March 2015, it's largest shareholder is kamal haider with a 100% stake. Hurr Tech Ltd is a established, micro sized company, Pomanda has estimated its turnover at £344.5k with declining growth in recent years.

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Hurr Tech Ltd Health Check

Pomanda's financial health check has awarded Hurr Tech Ltd 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

Health Check Image
Health Rating2out of 5
positive_score

2 Strong

positive_score

2 Regular

positive_score

6 Weak

size

Size

annual sales of £344.5k, make it in line with the average company (£336.1k)

£344.5k - Hurr Tech Ltd

£336.1k - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -9%, show it is growing at a slower rate (6.1%)

-9% - Hurr Tech Ltd

6.1% - Industry AVG

production

Production

with a gross margin of 20.1%, this company has a higher cost of product (36.6%)

20.1% - Hurr Tech Ltd

36.6% - Industry AVG

profitability

Profitability

an operating margin of -7.8% make it less profitable than the average company (2.2%)

-7.8% - Hurr Tech Ltd

2.2% - Industry AVG

employees

Employees

with 1 employees, this is below the industry average (4)

1 - Hurr Tech Ltd

4 - Industry AVG

paystructure

Pay Structure

on an average salary of £27.2k, the company has an equivalent pay structure (£27.2k)

£27.2k - Hurr Tech Ltd

£27.2k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £344.5k, this is more efficient (£167.4k)

£344.5k - Hurr Tech Ltd

£167.4k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 61 days, this is later than average (21 days)

61 days - Hurr Tech Ltd

21 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 228 days, this is slower than average (34 days)

228 days - Hurr Tech Ltd

34 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Hurr Tech Ltd

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - Hurr Tech Ltd

- - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 296.1%, this is a higher level of debt than the average (75.5%)

296.1% - Hurr Tech Ltd

75.5% - Industry AVG

HURR TECH LTD financials

EXPORTms excel logo

Hurr Tech Ltd's latest turnover from June 2023 is estimated at £344.5 thousand and the company has net assets of -£115.1 thousand. According to their latest financial statements, Hurr Tech Ltd has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Jun 2023Jun 2022Jun 2021Jun 2020Jun 2019Jun 2018Mar 2017Mar 2016
Turnover344,500482,038460,894450,440521,871719,080331,91250,075
Other Income Or Grants
Cost Of Sales275,358385,000358,073352,207403,250553,658249,21937,622
Gross Profit69,14297,039102,82198,233118,622165,42382,69312,453
Admin Expenses96,188114,59988,583126,228172,723166,83181,41711,931
Operating Profit-27,046-17,56014,238-27,995-54,101-1,4081,276522
Interest Payable
Interest Receivable1530
Pre-Tax Profit-27,046-17,56014,238-27,995-54,101-1,4081,291551
Tax-2,705-258-110
Profit After Tax-27,046-17,56011,533-27,995-54,101-1,4081,033441
Dividends Paid
Retained Profit-27,046-17,56011,533-27,995-54,101-1,4081,033441
Employee Costs27,20754,58353,89226,03355,44190,68027,94827,402
Number Of Employees12212311
EBITDA*-27,046-17,56014,238-27,995-54,101-1,4081,276522

* Earnings Before Interest, Tax, Depreciation and Amortisation

Jun 2023Jun 2022Jun 2021Jun 2020Jun 2019Jun 2018Mar 2017Mar 2016
Tangible Assets287191153358614
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets287191153358614
Stock & work in progress
Trade Debtors58,414105,854112,005116,424124,560176,75976,3725,455
Group Debtors
Misc Debtors
Cash11,901
misc current assets
total current assets58,414105,854112,005116,424124,560176,75976,37217,356
total assets58,701105,854112,005116,615124,713177,11776,98617,356
Bank overdraft
Bank loan
Trade Creditors 172,354190,863180,717197,145173,950172,41473,62716,905
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
total current liabilities172,354190,863180,717197,145173,950172,41473,62716,905
loans
hp & lease commitments
Accruals and Deferred Income1,4501,4351,2851,0004,7603,7601,885
other liabilities1,61350050038877
provisions
total long term liabilities1,4503,0481,7851,5004,7984,6371,885
total liabilities173,804193,911182,502198,645178,748177,05175,51216,905
net assets-115,103-88,057-70,497-82,030-54,035661,474451
total shareholders funds-115,103-88,057-70,497-82,030-54,035661,474451
Jun 2023Jun 2022Jun 2021Jun 2020Jun 2019Jun 2018Mar 2017Mar 2016
Operating Activities
Operating Profit-27,046-17,56014,238-27,995-54,101-1,4081,276522
Depreciation
Amortisation
Tax-2,705-258-110
Stock
Debtors-47,440-6,151-4,419-8,136-52,199100,38770,9175,455
Creditors-18,50910,146-16,42823,1951,53698,78756,72216,905
Accruals and Deferred Income15150285-3,7601,0001,8751,885
Deferred Taxes & Provisions
Cash flow from operations1,900-1,113-191-424634-1,133-11,29211,862
Investing Activities
capital expenditure-287191-38205256-614
Change in Investments
cash flow from investments-287191-38205256-614
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities-1,6131,113462-839877
share issue-1010
interest1530
cash flow from financing-1,6131,113462-839877540
cash and cash equivalents
cash-11,90111,901
overdraft
change in cash-11,90111,901

hurr tech ltd Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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Hurr Tech Ltd Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for hurr tech ltd by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other micro companies, companies in BS5 area or any other competitors across 12 key performance metrics.

hurr tech ltd Ownership

HURR TECH LTD group structure

Hurr Tech Ltd has no subsidiary companies.

Ultimate parent company

HURR TECH LTD

09482836

HURR TECH LTD Shareholders

kamal haider 100%

hurr tech ltd directors

Hurr Tech Ltd currently has 1 director, Mr Kamal Haider serving since Mar 2015.

officercountryagestartendrole
Mr Kamal HaiderEngland50 years Mar 2015- Director

P&L

June 2023

turnover

344.5k

-29%

operating profit

-27k

0%

gross margin

20.1%

-0.3%

turnover

Turnover, or revenue, is the amount of sales generated by a company within the financial year.

Balance Sheet

June 2023

net assets

-115.1k

+0.31%

total assets

58.7k

-0.45%

cash

0

0%

net assets

Total assets minus all liabilities

hurr tech ltd company details

company number

09482836

Type

Private limited with Share Capital

industry

47910 - Retail sale via mail order houses or via Internet

incorporation date

March 2015

age

10

incorporated

UK

ultimate parent company

None

accounts

Micro-Entity Accounts

last accounts submitted

June 2023

previous names

N/A

accountant

-

auditor

-

address

4 apsley street, bristol, BS5 6SP

Bank

-

Legal Advisor

-

hurr tech ltd 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 hurr tech ltd.

hurr tech ltd 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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hurr tech ltd Companies House Filings - See Documents

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