Pomanda estimates the enterprise value of HERO LETS LTD at £562.2k based on a Turnover of £247.5k and 2.27x industry multiple (adjusted for size and gross margin).
hero lets ltdEstimated Valuation
£56.6k
Pomanda estimates the enterprise value of HERO LETS LTD at £56.6k based on an EBITDA of £12.8k and a 4.42x industry multiple (adjusted for size and gross margin).
hero lets ltdEstimated Valuation
£102.8k
Pomanda estimates the enterprise value of HERO LETS LTD at £102.8k based on Net Assets of £61.1k and 1.68x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Hero Lets LtdOverview
Hero Lets Ltd is a live company located in carlisle, CA3 8RH with a Companies House number of 09661866. It operates in the other letting and operating of own or leased real estate sector, SIC Code 68209. Founded in June 2015, it's largest shareholder is
heidi rowlands
with a 100% stake. Hero Lets Ltd is a established,
micro sized company, Pomanda has estimated its turnover at
£247.5k with
high
growth in recent years.
Pomanda's financial health check has awarded Hero Lets Ltd a 3 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 6 areas for improvement. Company Health Check FAQs
Health Rating3out of 5
3 Strong
1 Regular
6 Weak
Size
annual sales of £247.5k, make it smaller than the average company (£619.9k)
£247.5k - Hero Lets Ltd
£619.9k - Industry AVG
Growth
3 year (CAGR) sales growth of 30%, show it is growing at a faster rate (2.8%)
30% - Hero Lets Ltd
2.8% - Industry AVG
Production
with a gross margin of 28.8%, this company has a higher cost of product (71.7%)
28.8% - Hero Lets Ltd
71.7% - Industry AVG
Profitability
an operating margin of 5.2% make it less profitable than the average company (40.2%)
5.2% - Hero Lets Ltd
40.2% - Industry AVG
Employees
with 1 employees, this is below the industry average (4)
1 - Hero Lets Ltd
4 - Industry AVG
Pay Structure
on an average salary of £27.8k, the company has an equivalent pay structure (£27.8k)
£27.8k - Hero Lets Ltd
£27.8k - Industry AVG
Efficiency
resulting in sales per employee of £247.5k, this is more efficient (£143.6k)
£247.5k - Hero Lets Ltd
£143.6k - Industry AVG
Debtor Days
it gets paid by customers after 120 days, this is later than average (33 days)
120 days - Hero Lets Ltd
33 days - Industry AVG
Creditor Days
its suppliers are paid after 14 days, this is quicker than average (29 days)
14 days - Hero Lets Ltd
29 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Hero Lets Ltd
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Hero Lets Ltd
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 41.7%, this is a lower level of debt than the average (65.8%)
41.7% - Hero Lets Ltd
65.8% - Industry AVG
HERO LETS LTD financials
EXPORT
Hero Lets Ltd's latest turnover from July 2020 is estimated at £247.5 thousand and the company has net assets of £61.1 thousand. According to their latest financial statements, Hero Lets Ltd has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Jul 2020
Jul 2019
Jul 2018
Jul 2017
Jun 2016
Turnover
247,471
126,871
271,776
113,485
19,231
Other Income Or Grants
Cost Of Sales
176,149
90,568
189,605
76,480
12,994
Gross Profit
71,322
36,303
82,171
37,005
6,236
Admin Expenses
58,538
4,977
61,583
26,304
6,294
Operating Profit
12,784
31,326
20,588
10,701
-58
Interest Payable
Interest Receivable
15
30
Pre-Tax Profit
12,784
31,326
20,588
10,716
-28
Tax
-2,429
-5,952
-3,912
-2,036
Profit After Tax
10,355
25,374
16,676
8,680
-28
Dividends Paid
Retained Profit
10,355
25,374
16,676
8,680
-28
Employee Costs
27,818
28,310
27,122
25,624
26,568
Number Of Employees
1
1
1
1
1
EBITDA*
12,784
31,326
20,588
10,701
-58
* Earnings Before Interest, Tax, Depreciation and Amortisation
Jul 2020
Jul 2019
Jul 2018
Jul 2017
Jun 2016
Tangible Assets
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
Stock & work in progress
Trade Debtors
81,946
35,828
65,687
31,661
3,660
Group Debtors
Misc Debtors
22,815
22,815
Cash
12,033
misc current assets
total current assets
104,761
58,643
65,687
31,661
15,693
total assets
104,761
58,643
65,687
31,661
15,693
Bank overdraft
Bank loan
Trade Creditors
7,087
7,221
40,359
23,009
15,720
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
total current liabilities
7,087
7,221
40,359
23,009
15,720
loans
hp & lease commitments
Accruals and Deferred Income
900
720
other liabilities
35,717
provisions
total long term liabilities
36,617
720
total liabilities
43,704
7,941
40,359
23,009
15,720
net assets
61,057
50,702
25,328
8,652
-27
total shareholders funds
61,057
50,702
25,328
8,652
-27
Jul 2020
Jul 2019
Jul 2018
Jul 2017
Jun 2016
Operating Activities
Operating Profit
12,784
31,326
20,588
10,701
-58
Depreciation
Amortisation
Tax
-2,429
-5,952
-3,912
-2,036
Stock
Debtors
46,118
-7,044
34,026
28,001
3,660
Creditors
-134
-33,138
17,350
7,289
15,720
Accruals and Deferred Income
180
720
Deferred Taxes & Provisions
Cash flow from operations
-35,717
-12,047
12,002
Investing Activities
capital expenditure
Change in Investments
cash flow from investments
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
35,717
share issue
-1
1
interest
15
30
cash flow from financing
35,717
14
31
cash and cash equivalents
cash
-12,033
12,033
overdraft
change in cash
-12,033
12,033
hero lets ltd Credit Report and Business Information
Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
Get a comprehensive credit check for hero lets ltd. Get real-time insights into hero lets ltd's credit score, group structure and payment trends.
Perform a competitor analysis for hero lets ltd by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other micro companies, companies in CA3 area or any other competitors across 12 key performance metrics.
hero lets ltd Ownership
HERO LETS LTD group structure
Hero Lets Ltd has no subsidiary companies.
Ultimate parent company
HERO LETS LTD
09661866
HERO LETS LTD Shareholders
The sole shareholder of Hero Lets Ltd is Heidi Rowlands.
heidi rowlands
100%
hero lets ltd directors
Hero Lets Ltd currently has 1 director, Mr Andrew Carr serving since Jun 2021.
68209 - Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.
incorporation date
June 2015
age
10
incorporated
UK
ultimate parent company
None
accounts
Micro-Entity Accounts
last accounts submitted
July 2020
previous names
N/A
accountant
-
auditor
-
address
unit 11 fisher street galleries, fisher street, carlisle, CA3 8RH
Bank
-
Legal Advisor
-
hero lets 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 hero lets ltd.
hero lets 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.
Click to start generating capital raising & share issue transactions for HERO LETS LTD. This can take several minutes, an email will notify you when this has completed.
hero lets ltdCompanies House Filings - See Documents
