harvest n16 ltd
harvest n16 ltd Company Information
Company Number
09869017
Next Accounts
Aug 2025
Shareholders
ergun serce
ibrahim kulekci
Group Structure
View All
Industry
Retail sale in non-specialised stores with food, beverages or tobacco predominating
Registered Address
172-174, stoke newington high street, london, N16 7JL
Website
www.harveste8.comharvest n16 ltd Estimated Valuation
Pomanda estimates the enterprise value of HARVEST N16 LTD at £481.7k based on a Turnover of £1.7m and 0.29x industry multiple (adjusted for size and gross margin).
harvest n16 ltd Estimated Valuation
Pomanda estimates the enterprise value of HARVEST N16 LTD at £1.1m based on an EBITDA of £347.8k and a 3.15x industry multiple (adjusted for size and gross margin).
harvest n16 ltd Estimated Valuation
Pomanda estimates the enterprise value of HARVEST N16 LTD at £4.4m based on Net Assets of £1.6m and 2.7x industry multiple (adjusted for liquidity).
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Harvest N16 Ltd Overview
Harvest N16 Ltd is a live company located in london, N16 7JL with a Companies House number of 09869017. It operates in the retail sale in non-specialised stores with food, beverages or tobacco predominating sector, SIC Code 47110. Founded in November 2015, it's largest shareholder is ergun serce with a 50% stake. Harvest N16 Ltd is a established, small sized company, Pomanda has estimated its turnover at £1.7m with declining growth in recent years.
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Harvest N16 Ltd Health Check
Pomanda's financial health check has awarded Harvest N16 Ltd a 4 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
3 Strong
2 Regular
5 Weak
Size
annual sales of £1.7m, make it in line with the average company (£2m)
- Harvest N16 Ltd
£2m - Industry AVG
Growth
3 year (CAGR) sales growth of -23%, show it is growing at a slower rate (6.1%)
- Harvest N16 Ltd
6.1% - Industry AVG
Production
with a gross margin of 16.7%, this company has a higher cost of product (22.5%)
- Harvest N16 Ltd
22.5% - Industry AVG
Profitability
an operating margin of 21% make it more profitable than the average company (2.9%)
- Harvest N16 Ltd
2.9% - Industry AVG
Employees
with 7 employees, this is below the industry average (24)
7 - Harvest N16 Ltd
24 - Industry AVG
Pay Structure
on an average salary of £16.8k, the company has an equivalent pay structure (£16.8k)
- Harvest N16 Ltd
£16.8k - Industry AVG
Efficiency
resulting in sales per employee of £236.8k, this is more efficient (£125.8k)
- Harvest N16 Ltd
£125.8k - Industry AVG
Debtor Days
it gets paid by customers after 87 days, this is later than average (4 days)
- Harvest N16 Ltd
4 days - Industry AVG
Creditor Days
its suppliers are paid after 25 days, this is quicker than average (29 days)
- Harvest N16 Ltd
29 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Harvest N16 Ltd
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Harvest N16 Ltd
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 6.1%, this is a lower level of debt than the average (65.9%)
6.1% - Harvest N16 Ltd
65.9% - Industry AVG
HARVEST N16 LTD financials
Harvest N16 Ltd's latest turnover from November 2023 is estimated at £1.7 million and the company has net assets of £1.6 million. According to their latest financial statements, Harvest N16 Ltd has 7 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Nov 2023 | Nov 2022 | Nov 2021 | Nov 2020 | Nov 2019 | Nov 2018 | Nov 2017 | Nov 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 | 7 | 9 | 9 | 9 | 7 | 6 | ||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Nov 2023 | Nov 2022 | Nov 2021 | Nov 2020 | Nov 2019 | Nov 2018 | Nov 2017 | Nov 2016 | |
|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 1,349,676 | 243,401 | 157,615 | 29,635 | 27,756 | 28,654 | 32,130 | 12,800 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 1,349,676 | 243,401 | 157,615 | 29,635 | 27,756 | 28,654 | 32,130 | 12,800 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 30,060 |
| Trade Debtors | 398,754 | 1,167,186 | 1,084,500 | 1,023,213 | 431,698 | 249,965 | 85,935 | 0 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 17,765 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 398,754 | 1,167,186 | 1,084,500 | 1,023,213 | 431,698 | 249,965 | 85,935 | 47,825 |
| total assets | 1,748,430 | 1,410,587 | 1,242,115 | 1,052,848 | 459,454 | 278,619 | 118,065 | 60,625 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 97,916 | 29,872 | 60,455 | 162,865 | 50,983 | 59,047 | 22,293 | 17,308 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 97,916 | 29,872 | 60,455 | 162,865 | 50,983 | 59,047 | 22,293 | 17,308 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 8,925 | 0 | 0 | 50,000 | 42,000 | 0 | 0 | 1,614 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 8,925 | 0 | 0 | 50,000 | 42,000 | 0 | 0 | 1,614 |
| total liabilities | 106,841 | 29,872 | 60,455 | 212,865 | 92,983 | 59,047 | 22,293 | 18,922 |
| net assets | 1,641,589 | 1,380,715 | 1,181,660 | 839,983 | 366,471 | 219,572 | 95,772 | 41,703 |
| total shareholders funds | 1,641,589 | 1,380,715 | 1,181,660 | 839,983 | 366,471 | 219,572 | 95,772 | 41,703 |
| Nov 2023 | Nov 2022 | Nov 2021 | Nov 2020 | Nov 2019 | Nov 2018 | Nov 2017 | Nov 2016 | |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Operating Profit | ||||||||
| Depreciation | 2,259 | |||||||
| Amortisation | 0 | |||||||
| Tax | ||||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | -30,060 | 30,060 |
| Debtors | -768,432 | 82,686 | 61,287 | 591,515 | 181,733 | 164,030 | 85,935 | 0 |
| Creditors | 68,044 | -30,583 | -102,410 | 111,882 | -8,064 | 36,754 | 4,985 | 17,308 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | ||||||||
| Investing Activities | ||||||||
| capital expenditure | ||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | ||||||||
| Financing Activities | ||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 8,925 | 0 | -50,000 | 8,000 | 42,000 | 0 | -1,614 | 1,614 |
| share issue | ||||||||
| interest | ||||||||
| cash flow from financing | ||||||||
| cash and cash equivalents | ||||||||
| cash | 0 | 0 | 0 | 0 | 0 | 0 | -17,765 | 17,765 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 0 | 0 | 0 | 0 | 0 | 0 | -17,765 | 17,765 |
harvest n16 ltd Credit Report and Business Information
Harvest N16 Ltd Competitor Analysis
Perform a competitor analysis for harvest n16 ltd by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other small companies, companies in N16 area or any other competitors across 12 key performance metrics.
harvest n16 ltd Ownership
HARVEST N16 LTD group structure
Harvest N16 Ltd has no subsidiary companies.
Ultimate parent company
HARVEST N16 LTD
09869017
harvest n16 ltd directors
Harvest N16 Ltd currently has 2 directors. The longest serving directors include Mr Ibrahim Kulekci (Mar 2021) and Mr Ergun Serce (Mar 2021).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Ibrahim Kulekci | England | 30 years | Mar 2021 | - | Director |
| Mr Ergun Serce | England | 36 years | Mar 2021 | - | Director |
P&L
November 2023turnover
1.7m
-40%
operating profit
347.8k
0%
gross margin
16.8%
-4.35%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
November 2023net assets
1.6m
+0.19%
total assets
1.7m
+0.24%
cash
0
0%
net assets
Total assets minus all liabilities
Similar Companies
harvest n16 ltd company details
company number
09869017
Type
Private limited with Share Capital
industry
47110 - Retail sale in non-specialised stores with food, beverages or tobacco predominating
incorporation date
November 2015
age
10
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
November 2023
previous names
N/A
accountant
-
auditor
-
address
172-174, stoke newington high street, london, N16 7JL
Bank
-
Legal Advisor
-
harvest n16 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 harvest n16 ltd.
harvest n16 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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harvest n16 ltd Companies House Filings - See Documents
| date | description | view/download |
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