Pomanda estimates the enterprise value of HUB LE BAS LIMITED at £3.9m based on a Turnover of £14.7m and 0.26x industry multiple (adjusted for size and gross margin).
hub le bas limitedEstimated Valuation
£0
Pomanda estimates the enterprise value of HUB LE BAS LIMITED at £0 based on an EBITDA of £-1.3m and a 3.05x industry multiple (adjusted for size and gross margin).
hub le bas limitedEstimated Valuation
£0
Pomanda estimates the enterprise value of HUB LE BAS LIMITED at £0 based on Net Assets of £-6.6m and 1.79x industry multiple (adjusted for liquidity).
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Hub Le Bas LimitedOverview
Hub Le Bas Limited is a live company located in london, SE1 2RE with a Companies House number of 09899350. It operates in the wholesale of metals and metal ores sector, SIC Code 46720. Founded in December 2015, it's largest shareholder is
liberty distribution pte ltd
with a 100% stake. Hub Le Bas Limited is a established,
mid sized company, Pomanda has estimated its turnover at
£14.7m with
declining
growth in recent years.
Pomanda's financial health check has awarded Hub Le Bas Limited a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 8 areas for improvement. Company Health Check FAQs
Health Rating1.5out of 5
2 Strong
2 Regular
8 Weak
Size
annual sales of £14.7m, make it in line with the average company (£12.3m)
£14.7m - Hub Le Bas Limited
£12.3m - Industry AVG
Growth
3 year (CAGR) sales growth of -11%, show it is growing at a slower rate (7.9%)
-11% - Hub Le Bas Limited
7.9% - Industry AVG
Production
with a gross margin of 11.4%, this company has a higher cost of product (22.4%)
11.4% - Hub Le Bas Limited
22.4% - Industry AVG
Profitability
an operating margin of -10.2% make it less profitable than the average company (4.2%)
-10.2% - Hub Le Bas Limited
4.2% - Industry AVG
Employees
with 60 employees, this is above the industry average (20)
60 - Hub Le Bas Limited
20 - Industry AVG
Pay Structure
on an average salary of £30k, the company has an equivalent pay structure (£35.3k)
£30k - Hub Le Bas Limited
£35.3k - Industry AVG
Efficiency
resulting in sales per employee of £244.9k, this is less efficient (£421.7k)
£244.9k - Hub Le Bas Limited
£421.7k - Industry AVG
Debtor Days
it gets paid by customers after 68 days, this is later than average (56 days)
68 days - Hub Le Bas Limited
56 days - Industry AVG
Creditor Days
its suppliers are paid after 29 days, this is quicker than average (46 days)
29 days - Hub Le Bas Limited
46 days - Industry AVG
Stock Days
it holds stock equivalent to 49 days, this is less than average (70 days)
49 days - Hub Le Bas Limited
70 days - Industry AVG
Cash Balance
has cash to cover current liabilities
for 0 weeks, this is less cash available to meet short term requirements (12 weeks)
0 weeks - Hub Le Bas Limited
12 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 190.6%, this is a higher level of debt than the average (69.2%)
190.6% - Hub Le Bas Limited
69.2% - Industry AVG
HUB LE BAS LIMITED financials
EXPORT
Hub Le Bas Limited's latest turnover from March 2020 is £14.7 million and the company has net assets of -£6.6 million. According to their latest financial statements, Hub Le Bas Limited has 60 employees and maintains cash reserves of £204.3 thousand as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Mar 2020
Mar 2019
Mar 2018
Mar 2017
Mar 2016
Turnover
14,694,827
16,984,713
19,613,934
20,730,953
4,078,196
Other Income Or Grants
Cost Of Sales
13,023,459
15,804,269
18,354,650
17,090,620
3,892,794
Gross Profit
1,671,368
1,180,444
1,259,284
3,640,333
185,402
Admin Expenses
3,166,914
3,760,552
4,466,534
3,528,852
60,638
Operating Profit
-1,495,546
-2,580,108
-3,207,250
111,481
124,764
Interest Payable
140,352
199,027
251,330
147,387
Interest Receivable
Pre-Tax Profit
-1,635,898
-2,779,135
-3,458,580
-35,906
124,764
Tax
39,360
53,439
31,269
-5,231
-11,560
Profit After Tax
-1,596,538
-2,725,696
-3,427,311
-41,137
113,204
Dividends Paid
Retained Profit
-1,596,538
-2,725,696
-3,427,311
-41,137
113,204
Employee Costs
1,797,841
2,362,868
3,066,460
2,712,444
873,738
Number Of Employees
60
80
105
102
94
EBITDA*
-1,271,392
-2,341,382
-2,878,924
284,118
175,345
* Earnings Before Interest, Tax, Depreciation and Amortisation
Mar 2020
Mar 2019
Mar 2018
Mar 2017
Mar 2016
Tangible Assets
723,902
942,381
1,252,552
888,869
859,592
Intangible Assets
-544,461
-607,284
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
723,902
942,381
1,252,552
344,408
252,308
Stock & work in progress
1,749,533
1,982,813
3,037,486
3,436,381
1,581,082
Trade Debtors
2,741,609
3,122,245
3,302,180
5,447,177
2,701,734
Group Debtors
1,527,383
1,329,718
1,872,351
567,108
49,645
Misc Debtors
304,631
232,208
317,703
641,468
133,132
Cash
204,293
58,560
56,487
1,059,439
941
misc current assets
total current assets
6,527,449
6,725,544
8,586,207
11,151,573
4,466,534
total assets
7,251,351
7,667,925
9,838,759
11,495,981
4,718,842
Bank overdraft
Bank loan
Trade Creditors
1,039,901
525,172
689,257
787,872
529,012
Group/Directors Accounts
3,638,657
3,125,864
other short term finances
1,921,443
3,011,859
4,028,671
5,112,743
hp & lease commitments
211,951
204,453
215,764
other current liabilities
10,361,574
8,401,470
6,449,947
770,311
950,662
total current liabilities
13,534,869
12,142,954
11,383,639
10,309,583
4,605,538
loans
569,720
993,622
1,402,528
hp & lease commitments
284,860
496,811
701,264
Accruals and Deferred Income
other liabilities
provisions
5,231
total long term liabilities
284,860
496,811
701,264
5,231
total liabilities
13,819,729
12,639,765
12,084,903
10,314,814
4,605,538
net assets
-6,568,378
-4,971,840
-2,246,144
1,181,167
113,304
total shareholders funds
-6,568,378
-4,971,840
-2,246,144
1,181,167
113,304
Mar 2020
Mar 2019
Mar 2018
Mar 2017
Mar 2016
Operating Activities
Operating Profit
-1,495,546
-2,580,108
-3,207,250
111,481
124,764
Depreciation
224,154
238,726
328,326
109,814
29,640
Amortisation
62,823
20,941
Tax
39,360
53,439
31,269
-5,231
-11,560
Stock
-233,280
-1,054,673
-398,895
1,855,299
1,581,082
Debtors
-110,548
-808,063
-1,163,519
3,771,242
2,884,511
Creditors
514,729
-164,085
-98,615
258,860
529,012
Accruals and Deferred Income
1,960,104
1,951,523
5,679,636
-180,351
950,662
Deferred Taxes & Provisions
-5,231
5,231
Cash flow from operations
1,586,629
1,362,231
4,290,549
-5,263,914
-2,822,134
Investing Activities
capital expenditure
-5,675
71,445
-1,236,470
-264,737
Change in Investments
cash flow from investments
-5,675
71,445
-1,236,470
-264,737
Financing Activities
Bank loans
Group/Directors Accounts
-3,638,657
512,793
3,125,864
Other Short Term Loans
-1,090,416
-1,016,812
-1,084,072
5,112,743
Long term loans
-423,902
-408,906
1,402,528
Hire Purchase and Lease Commitments
-204,453
-215,764
917,028
other long term liabilities
share issue
1,109,000
100
interest
-140,352
-199,027
-251,330
-147,387
cash flow from financing
-1,859,123
-1,840,509
-2,654,503
6,587,149
3,125,964
cash and cash equivalents
cash
145,733
2,073
-1,002,952
1,058,498
941
overdraft
change in cash
145,733
2,073
-1,002,952
1,058,498
941
hub le bas limited 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 hub le bas limited. Get real-time insights into hub le bas limited's credit score, group structure and payment trends.
Perform a competitor analysis for hub le bas limited by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other mid companies, companies in SE1 area or any other competitors across 12 key performance metrics.
hub le bas limited Ownership
HUB LE BAS LIMITED group structure
Hub Le Bas Limited has no subsidiary companies.
Ultimate parent company
LIBERTY HOUSE GROUP PTE LTD
#0077734
LIBERTY DISTRIBUTION PTE LTD
#0098219
2 parents
HUB LE BAS LIMITED
09899350
HUB LE BAS LIMITED Shareholders
The sole shareholder of Hub Le Bas Limited is Liberty Distribution Pte Ltd.
liberty distribution pte ltd
100%
hub le bas limited directors
Hub Le Bas Limited currently has 2 directors.
The longest serving directors include
Mr Sanjeev Gupta (Dec 2015) and
Mr Iain Hunter (Jun 2021).
47990 - Other retail sale not in stores, stalls or markets
incorporation date
December 2015
age
10
incorporated
UK
ultimate parent company
LIBERTY HOUSE GROUP PTE LTD
accounts
Full Accounts
last accounts submitted
March 2020
previous names
liberty tubular solutions sales limited (January 2016)
accountant
-
auditor
KING & KING
address
c/o liberty speciality steels, 1st floor, london, SE1 2RE
Bank
BARCLAYS BANK PLC
Legal Advisor
-
hub le bas limited 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 4 charges/mortgages relating to hub le bas limited. Currently there are 0 open charges and 4 have been satisfied in the past.
hub le bas limited 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 HUB LE BAS LIMITED. This can take several minutes, an email will notify you when this has completed.
hub le bas limitedCompanies House Filings - See Documents
