honeycomb professional services group ltd
honeycomb professional services group ltd Company Information
Company Number
09718289
Website
honeycombpsg.comRegistered Address
2 burgon street, london, EC4V 5DR
Industry
Accounting, and auditing activities
Telephone
02076008000
Next Accounts Due
866 days late
Group Structure
View All
Directors
Jeffrey Davidson9 Years
Shareholders
jeffrey davidson 100%
honeycomb professional services group ltd Estimated Valuation
Pomanda estimates the enterprise value of HONEYCOMB PROFESSIONAL SERVICES GROUP LTD at £369.4k based on a Turnover of £476.6k and 0.78x industry multiple (adjusted for size and gross margin).
honeycomb professional services group ltd Estimated Valuation
Pomanda estimates the enterprise value of HONEYCOMB PROFESSIONAL SERVICES GROUP LTD at £0 based on an EBITDA of £-352.4k and a 4.18x industry multiple (adjusted for size and gross margin).
honeycomb professional services group ltd Estimated Valuation
Pomanda estimates the enterprise value of HONEYCOMB PROFESSIONAL SERVICES GROUP LTD at £0 based on Net Assets of £-259.6k and 2.72x industry multiple (adjusted for liquidity).
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Honeycomb Professional Services Group Ltd Overview
Honeycomb Professional Services Group Ltd is a live company located in london, EC4V 5DR with a Companies House number of 09718289. It operates in the accounting and auditing activities sector, SIC Code 69201. Founded in August 2015, it's largest shareholder is jeffrey davidson with a 100% stake. Honeycomb Professional Services Group Ltd is a young, micro sized company, Pomanda has estimated its turnover at £476.6k with declining growth in recent years.
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Honeycomb Professional Services Group Ltd Health Check
Pomanda's financial health check has awarded Honeycomb Professional Services Group Ltd a 3 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 5 areas for improvement. Company Health Check FAQs
4 Strong
1 Regular
5 Weak
Size
annual sales of £476.6k, make it larger than the average company (£116k)
- Honeycomb Professional Services Group Ltd
£116k - Industry AVG
Growth
3 year (CAGR) sales growth of -32%, show it is growing at a slower rate (5%)
- Honeycomb Professional Services Group Ltd
5% - Industry AVG
Production
with a gross margin of 51%, this company has a higher cost of product (68.3%)
- Honeycomb Professional Services Group Ltd
68.3% - Industry AVG
Profitability
an operating margin of -73.9% make it less profitable than the average company (24.8%)
- Honeycomb Professional Services Group Ltd
24.8% - Industry AVG
Employees
with 3 employees, this is above the industry average (2)
3 - Honeycomb Professional Services Group Ltd
2 - Industry AVG
Pay Structure
on an average salary of £21.2k, the company has an equivalent pay structure (£21.2k)
- Honeycomb Professional Services Group Ltd
£21.2k - Industry AVG
Efficiency
resulting in sales per employee of £158.9k, this is more efficient (£66.6k)
- Honeycomb Professional Services Group Ltd
£66.6k - Industry AVG
Debtor Days
it gets paid by customers after 205 days, this is later than average (90 days)
- Honeycomb Professional Services Group Ltd
90 days - Industry AVG
Creditor Days
its suppliers are paid after 907 days, this is slower than average (24 days)
- Honeycomb Professional Services Group Ltd
24 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Honeycomb Professional Services Group Ltd
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Honeycomb Professional Services Group Ltd
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 181%, this is a higher level of debt than the average (60%)
181% - Honeycomb Professional Services Group Ltd
60% - Industry AVG
HONEYCOMB PROFESSIONAL SERVICES GROUP LTD financials
Honeycomb Professional Services Group Ltd's latest turnover from September 2020 is estimated at £476.6 thousand and the company has net assets of -£259.6 thousand. According to their latest financial statements, Honeycomb Professional Services Group Ltd has 3 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Sep 2020 | Sep 2019 | Sep 2018 | Aug 2017 | Aug 2016 | |
|---|---|---|---|---|---|
| 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 | 3 | 3 | |||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Sep 2020 | Sep 2019 | Sep 2018 | Aug 2017 | Aug 2016 | |
|---|---|---|---|---|---|
| Tangible Assets | 52,266 | 70,313 | 67,153 | 66,831 | 66,610 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 52,266 | 70,313 | 67,153 | 66,831 | 66,610 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 268,298 | 524,830 | 568,100 | 671,554 | 616,190 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 | 0 |
| Cash | 0 | 0 | 0 | 0 | 0 |
| misc current assets | 0 | 0 | 0 | 0 | 0 |
| total current assets | 268,298 | 524,830 | 568,100 | 671,554 | 616,190 |
| total assets | 320,564 | 595,143 | 635,253 | 738,385 | 682,800 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 580,132 | 502,344 | 587,017 | 721,929 | 501,840 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 580,132 | 502,344 | 587,017 | 721,929 | 501,840 |
| loans | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 120,000 |
| provisions | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 0 | 120,000 |
| total liabilities | 580,132 | 502,344 | 587,017 | 721,929 | 621,840 |
| net assets | -259,568 | 92,799 | 48,236 | 16,456 | 60,960 |
| total shareholders funds | -259,568 | 92,799 | 48,236 | 16,456 | 60,960 |
| Sep 2020 | Sep 2019 | Sep 2018 | Aug 2017 | Aug 2016 | |
|---|---|---|---|---|---|
| Operating Activities | |||||
| Operating Profit | |||||
| Depreciation | |||||
| Amortisation | |||||
| Tax | |||||
| Stock | 0 | 0 | 0 | 0 | 0 |
| Debtors | -256,532 | -43,270 | -103,454 | 55,364 | 616,190 |
| Creditors | 77,788 | -84,673 | -134,912 | 220,089 | 501,840 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | |||||
| Investing Activities | |||||
| capital expenditure | |||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | |||||
| Financing Activities | |||||
| Bank loans | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | -120,000 | 120,000 |
| share issue | |||||
| interest | |||||
| cash flow from financing | |||||
| cash and cash equivalents | |||||
| cash | 0 | 0 | 0 | 0 | 0 |
| overdraft | 0 | 0 | 0 | 0 | 0 |
| change in cash | 0 | 0 | 0 | 0 | 0 |
honeycomb professional services group ltd Credit Report and Business Information
Honeycomb Professional Services Group Ltd Competitor Analysis
Perform a competitor analysis for honeycomb professional services group ltd by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other micro companies, companies in EC4V area or any other competitors across 12 key performance metrics.
honeycomb professional services group ltd Ownership
HONEYCOMB PROFESSIONAL SERVICES GROUP LTD group structure
Honeycomb Professional Services Group Ltd has no subsidiary companies.
Ultimate parent company
HONEYCOMB PROFESSIONAL SERVICES GROUP LTD
09718289
honeycomb professional services group ltd directors
Honeycomb Professional Services Group Ltd currently has 1 director, Mr Jeffrey Davidson serving since Aug 2015.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Jeffrey Davidson | 61 years | Aug 2015 | - | Director |
P&L
September 2020turnover
476.6k
-35%
operating profit
-352.4k
0%
gross margin
51.1%
+4.27%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
September 2020net assets
-259.6k
-3.8%
total assets
320.6k
-0.46%
cash
0
0%
net assets
Total assets minus all liabilities
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honeycomb professional services group ltd company details
company number
09718289
Type
Private limited with Share Capital
industry
69201 - Accounting, and auditing activities
incorporation date
August 2015
age
9
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
September 2020
previous names
N/A
accountant
-
auditor
-
address
2 burgon street, london, EC4V 5DR
Bank
-
Legal Advisor
-
honeycomb professional services group 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 found 2 charges/mortgages relating to honeycomb professional services group ltd. Currently there are 1 open charges and 1 have been satisfied in the past.
honeycomb professional services group ltd Companies House Filings - See Documents
| date | description | view/download |
|---|
