Pomanda estimates the enterprise value of HONG KONG FUNERAL SERVICES LTD at £748.7k based on a Turnover of £1.4m and 0.54x industry multiple (adjusted for size and gross margin).
hong kong funeral services ltdEstimated Valuation
£0
Pomanda estimates the enterprise value of HONG KONG FUNERAL SERVICES LTD at £0 based on an EBITDA of £-14.4k and a 3.74x industry multiple (adjusted for size and gross margin).
hong kong funeral services ltdEstimated Valuation
£339k
Pomanda estimates the enterprise value of HONG KONG FUNERAL SERVICES LTD at £339k based on Net Assets of £116.2k and 2.92x industry multiple (adjusted for liquidity).
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Hong Kong Funeral Services LtdOverview
Hong Kong Funeral Services Ltd is a live company located in lancashire, M40 7EP with a Companies House number of 09730315. It operates in the funeral and related activities sector, SIC Code 96030. Founded in August 2015, it's largest shareholder is
kin wong
with a 100% stake. Hong Kong Funeral Services Ltd is a established,
small sized company, Pomanda has estimated its turnover at
£1.4m with
rapid
growth in recent years.
Pomanda's financial health check has awarded Hong Kong Funeral Services Ltd a 3 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 5 areas for improvement. Company Health Check FAQs
Health Rating3out of 5
3 Strong
2 Regular
5 Weak
Size
annual sales of £1.4m, make it in line with the average company (£1.7m)
£1.4m - Hong Kong Funeral Services Ltd
£1.7m - Industry AVG
Growth
3 year (CAGR) sales growth of 41%, show it is growing at a faster rate (4.6%)
41% - Hong Kong Funeral Services Ltd
4.6% - Industry AVG
Production
with a gross margin of 41.4%, this company has a higher cost of product (60.6%)
41.4% - Hong Kong Funeral Services Ltd
60.6% - Industry AVG
Profitability
an operating margin of -1% make it less profitable than the average company (14.9%)
-1% - Hong Kong Funeral Services Ltd
14.9% - Industry AVG
Employees
with 5 employees, this is below the industry average (13)
5 - Hong Kong Funeral Services Ltd
13 - Industry AVG
Pay Structure
on an average salary of £30.5k, the company has an equivalent pay structure (£30.5k)
£30.5k - Hong Kong Funeral Services Ltd
£30.5k - Industry AVG
Efficiency
resulting in sales per employee of £279.4k, this is more efficient (£109.1k)
£279.4k - Hong Kong Funeral Services Ltd
£109.1k - Industry AVG
Debtor Days
it gets paid by customers after 77 days, this is later than average (23 days)
77 days - Hong Kong Funeral Services Ltd
23 days - Industry AVG
Creditor Days
its suppliers are paid after 83 days, this is slower than average (30 days)
83 days - Hong Kong Funeral Services Ltd
30 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Hong Kong Funeral Services Ltd
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Hong Kong Funeral Services Ltd
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 65.6%, this is a higher level of debt than the average (44.9%)
65.6% - Hong Kong Funeral Services Ltd
44.9% - Industry AVG
HONG KONG FUNERAL SERVICES LTD financials
EXPORT
Hong Kong Funeral Services Ltd's latest turnover from August 2023 is estimated at £1.4 million and the company has net assets of £116.2 thousand. According to their latest financial statements, Hong Kong Funeral Services Ltd has 5 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Aug 2023
Aug 2022
Aug 2021
Aug 2020
Aug 2019
Aug 2018
Aug 2017
Aug 2016
Turnover
1,396,948
1,706,694
1,193,424
499,499
557,584
534,205
338,922
107,133
Other Income Or Grants
Cost Of Sales
818,807
943,420
651,788
297,375
342,539
315,380
215,140
63,962
Gross Profit
578,141
763,274
541,637
202,124
215,045
218,826
123,783
43,170
Admin Expenses
592,499
723,718
501,617
195,546
181,943
191,722
110,985
41,067
Operating Profit
-14,358
39,556
40,020
6,578
33,102
27,104
12,798
2,103
Interest Payable
Interest Receivable
Pre-Tax Profit
-14,358
39,556
40,020
6,578
33,102
27,104
12,798
2,103
Tax
-7,516
-7,604
-1,250
-6,289
-5,150
-2,432
-420
Profit After Tax
-14,358
32,040
32,416
5,328
26,813
21,954
10,366
1,682
Dividends Paid
Retained Profit
-14,358
32,040
32,416
5,328
26,813
21,954
10,366
1,682
Employee Costs
152,708
148,710
144,940
110,087
109,261
109,936
108,586
27,338
Number Of Employees
5
5
5
4
4
4
4
1
EBITDA*
-14,358
39,556
40,020
6,578
33,102
27,104
12,798
2,186
* Earnings Before Interest, Tax, Depreciation and Amortisation
Aug 2023
Aug 2022
Aug 2021
Aug 2020
Aug 2019
Aug 2018
Aug 2017
Aug 2016
Tangible Assets
18,186
24,233
22,413
6,385
8,553
11,007
166
250
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
18,186
24,233
22,413
6,385
8,553
11,007
166
250
Stock & work in progress
15,220
Trade Debtors
297,443
321,463
247,979
102,651
107,205
96,429
57,017
16,716
Group Debtors
Misc Debtors
21,908
385
150
63,915
Cash
misc current assets
total current assets
319,351
321,848
248,129
166,566
107,205
96,429
57,017
31,936
total assets
337,537
346,081
270,542
172,951
115,758
107,436
57,183
32,186
Bank overdraft
Bank loan
Trade Creditors
187,897
175,916
120,172
56,808
54,943
73,434
45,135
30,404
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
total current liabilities
187,897
175,916
120,172
56,808
54,943
73,434
45,135
30,404
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
33,399
39,566
51,811
50,000
provisions
total long term liabilities
33,399
39,566
51,811
50,000
total liabilities
221,296
215,482
171,983
106,808
54,943
73,434
45,135
30,404
net assets
116,241
130,599
98,559
66,143
60,815
34,002
12,048
1,782
total shareholders funds
116,241
130,599
98,559
66,143
60,815
34,002
12,048
1,782
Aug 2023
Aug 2022
Aug 2021
Aug 2020
Aug 2019
Aug 2018
Aug 2017
Aug 2016
Operating Activities
Operating Profit
-14,358
39,556
40,020
6,578
33,102
27,104
12,798
2,103
Depreciation
83
Amortisation
Tax
-7,516
-7,604
-1,250
-6,289
-5,150
-2,432
-420
Stock
-15,220
15,220
Debtors
-2,497
73,719
81,563
59,361
10,776
39,412
40,301
16,716
Creditors
11,981
55,744
63,364
1,865
-18,491
28,299
14,731
30,404
Accruals and Deferred Income
Deferred Taxes & Provisions
Cash flow from operations
120
14,065
14,217
-52,168
-2,454
10,841
16
234
Investing Activities
capital expenditure
6,047
-1,820
-16,028
2,168
2,454
-10,841
84
-333
Change in Investments
cash flow from investments
6,047
-1,820
-16,028
2,168
2,454
-10,841
84
-333
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
-6,167
-12,245
1,811
50,000
share issue
-100
100
interest
cash flow from financing
-6,167
-12,245
1,811
50,000
-100
100
cash and cash equivalents
cash
overdraft
change in cash
hong kong funeral services 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 hong kong funeral services ltd. Get real-time insights into hong kong funeral services ltd's credit score, group structure and payment trends.
Hong Kong Funeral Services Ltd Competitor Analysis
Perform a competitor analysis for hong kong funeral services ltd by selecting its closest rivals, whether from the OTHER SERVICE ACTIVITIES sector, other small companies, companies in M40 area or any other competitors across 12 key performance metrics.
hong kong funeral services ltd Ownership
HONG KONG FUNERAL SERVICES LTD group structure
Hong Kong Funeral Services Ltd has no subsidiary companies.
Ultimate parent company
HONG KONG FUNERAL SERVICES LTD
09730315
HONG KONG FUNERAL SERVICES LTD Shareholders
The sole shareholder of Hong Kong Funeral Services Ltd is Kin Wong.
kin wong
100%
hong kong funeral services ltd directors
Hong Kong Funeral Services Ltd currently has 1 director, Mr Kin Wong serving since Aug 2015.
hong kong funeral services 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 hong kong funeral services ltd.
hong kong funeral services 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 HONG KONG FUNERAL SERVICES LTD. This can take several minutes, an email will notify you when this has completed.
hong kong funeral services ltdCompanies House Filings - See Documents
