Hi Group Ltd

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hi group ltd Company Information

Company Number

10044301

Next Accounts

Dec 2025

Directors

Mukesh Karsan

Shareholders

mukesh mavji karsan

ian richard hammersley

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Group Structure

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Industry

Retail sale via mail order houses or via Internet

Registered Address

91 princess street, manchester, M1 4HT

Website

www.hi-group.com

hi group ltd Estimated Valuation

£2.9m

Pomanda estimates the enterprise value of HI GROUP LTD at £2.9m based on an EBITDA of £721.9k and a 3.98x industry multiple (adjusted for size and gross margin).

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Hi Group Ltd is a live company located in manchester, M1 4HT with a Companies House number of 10044301. It operates in the retail sale via mail order houses or via internet sector, SIC Code 47910. Founded in March 2016, it's largest shareholder is mukesh mavji karsan with a 51% stake. Hi Group Ltd is a young, small sized company, Pomanda has estimated its turnover at £3.9m with rapid growth in recent years.

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Pomanda's financial health check has awarded Hi Group Ltd a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 3 areas for improvement. Company Health Check FAQs

Health Rating3.5out of 5

4 Strong

3 Regular

3 Weak

Size

annual sales of £3.9m, make it larger than the average company (£307.5k)

Growth

3 year (CAGR) sales growth of 48%, show it is growing at a faster rate (3.4%)

EXPORT

Hi Group Ltd's latest turnover from March 2024 is estimated at £3.9 million and the company has net assets of -£188.3 thousand. According to their latest financial statements, we estimate that Hi Group Ltd has 25 employees and maintains cash reserves of £42.1 thousand as reported in the balance sheet.

Data source: Companies House, Pomanda Estimates

	Mar 2024	Mar 2023	Mar 2022	Mar 2021	Mar 2020	Mar 2019	Mar 2017
Turnover	3,907,181	5,026,694	4,008,132	1,210,018	1,155,321	1,037,559	1,212,586
Other Income Or Grants
Cost Of Sales	2,492,281	3,185,235	2,509,814	767,401	733,214	627,800	738,215
Gross Profit	1,414,900	1,841,458	1,498,319	442,618	422,108	409,758	474,371
Admin Expenses	692,999	1,875,587	1,509,792	440,542	420,271	1,098,088	620,407
Operating Profit	721,901	-34,129	-11,473	2,076	1,837	-688,330	-146,036
Interest Payable
Interest Receivable	1,105		87	20	21	90	129
Pre-Tax Profit	723,005	-34,129	-11,386	2,096	1,858	-688,240	-145,907
Tax	-180,751			-398	-353
Profit After Tax	542,254	-34,129	-11,386	1,698	1,505	-688,240	-145,907
Dividends Paid
Retained Profit	542,254	-34,129	-11,386	1,698	1,505	-688,240	-145,907
Employee Costs	722,775	81,453	55,049	108,169	53,242	201,127	195,634
Number Of Employees	25	3	2	4	2	7	7
EBITDA*	721,901	-34,129	-11,473	2,076	1,837	-688,330	-146,036

* Earnings Before Interest, Tax, Depreciation and Amortisation

	Mar 2024	Mar 2023	Mar 2022	Mar 2021	Mar 2020	Mar 2019	Mar 2017
Tangible Assets
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
Stock & work in progress	1,400,000			450,971	335,629	337,412	413,510
Trade Debtors		565,200	478,577	2,303	40,236	673	13,968
Group Debtors
Misc Debtors				1,991	1,320
Cash	42,088			23,312	17,178	24,124	103,362
misc current assets
total current assets	1,442,088	565,200	478,577	478,577	394,363	362,209	530,840
total assets	1,442,088	565,200	478,577	478,577	394,363	362,209	530,840
Bank overdraft
Bank loan
Trade Creditors		550,552	485,000	421,239	447,878	390,936	410,513
Group/Directors Accounts	1,630,386
other short term finances
hp & lease commitments
other current liabilities				55,793	44,459	47,343
total current liabilities	1,630,386	550,552	485,000	477,032	492,337	438,279	410,513
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities		745,200	690,000	686,482	588,661	612,070	266,134
provisions
total long term liabilities		745,200	690,000	686,482	588,661	612,070	266,134
total liabilities	1,630,386	1,295,752	1,175,000	1,163,514	1,080,998	1,050,349	676,647
net assets	-188,298	-730,552	-696,423	-684,937	-686,635	-688,140	-145,807
total shareholders funds	-188,298	-730,552	-696,423	-684,937	-686,635	-688,140	-145,807

	Mar 2024	Mar 2023	Mar 2022	Mar 2021	Mar 2020	Mar 2019	Mar 2017
Operating Activities
Operating Profit	721,901	-34,129	-11,473	2,076	1,837	-688,330	-146,036
Depreciation
Amortisation
Tax	-180,751			-398	-353
Stock	1,400,000		-450,971	115,342	-1,783	337,412	413,510
Debtors	-565,200	86,623	474,283	-37,262	40,883	673	13,968
Creditors	-550,552	65,552	63,761	-26,639	56,942	390,936	410,513
Accruals and Deferred Income			-55,793	11,334	-2,884	47,343
Deferred Taxes & Provisions
Cash flow from operations	-844,202	-55,200	-26,817	-91,707	16,442	-588,136	-163,001
Investing Activities
capital expenditure
Change in Investments
cash flow from investments
Financing Activities
Bank loans
Group/Directors Accounts	1,630,386
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities	-745,200	55,200	3,518	97,821	-23,409	612,070	266,134
share issue			-100			100	100
interest	1,105		87	20	21	90	129
cash flow from financing	886,291	55,200	3,505	97,841	-23,388	612,260	266,363
cash and cash equivalents
cash	42,088		-23,312	6,134	-6,946	24,124	103,362
overdraft
change in cash	42,088		-23,312	6,134	-6,946	24,124	103,362

Very Low Risk70 - 100

Low Risk50 - 70

Moderate Risk30 - 50

High Risk20 - 30

Very High Risk0 - 20

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Perform a competitor analysis for hi group 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 M 1 area or any other competitors across 12 key performance metrics.

HI GROUP LTD group structure

Hi Group Ltd has no subsidiary companies.

Ultimate parent company

HI GROUP LTD

10044301

HI GROUP LTD Shareholders

mukesh mavji karsan	51%
ian richard hammersley	25%
mark roger hammersley	24%

Hi Group Ltd currently has 1 director, Mr Mukesh Karsan serving since Mar 2016.

officer	country	age	start	end	role
Mr Mukesh Karsan	England	43 years	Mar 2016	-	Director

P&L

March 2024

turnover

3.9m

-22%

operating profit

721.9k

gross margin

36.3%

-1.15%

turnover

Turnover, or revenue, is the amount of sales generated by a company within the financial year.

Balance Sheet

March 2024

net assets

-188.3k

-0.74%

total assets

1.4m

+1.55%

cash

42.1k

net assets

Total assets minus all liabilities

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company number

10044301

Type

Private limited with Share Capital

industry

47910 - Retail sale via mail order houses or via Internet

incorporation date

March 2016

ultimate parent company

None

previous names

N/A

address

91 princess street, manchester, M1 4HT

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 hi group ltd.

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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hi group ltd Company Information

hi group ltd Estimated Valuation

hi group ltd Estimated Valuation

hi group ltd Estimated Valuation

Hi Group Ltd Overview

Hi Group Ltd Health Check

HI GROUP LTD financials

hi group ltd Credit Report and Business Information

Hi Group Ltd Competitor Analysis

hi group ltd Ownership

hi group ltd directors

hi group ltd company details

hi group ltd Charges & Mortgages

hi group ltd Capital Raised & Share Issues BETA

hi group ltd Companies House Filings - See Documents