hitchen partners limited
hitchen partners limited Company Information
Company Number
10100518
Website
kitchenpartners.comRegistered Address
44 kirkgate, ripon, HG4 1PB
Industry
Raising of sheep and goats
Raising of other cattle and buffaloes
Telephone
-
Next Accounts Due
March 2026
Group Structure
View All
Shareholders
alison hitchen 75%
william hitchen 25%
hitchen partners limited Estimated Valuation
Pomanda estimates the enterprise value of HITCHEN PARTNERS LIMITED at £376.8k based on a Turnover of £1.1m and 0.34x industry multiple (adjusted for size and gross margin).
hitchen partners limited Estimated Valuation
Pomanda estimates the enterprise value of HITCHEN PARTNERS LIMITED at £5.5k based on an EBITDA of £1.4k and a 3.85x industry multiple (adjusted for size and gross margin).
hitchen partners limited Estimated Valuation
Pomanda estimates the enterprise value of HITCHEN PARTNERS LIMITED at £18.5k based on Net Assets of £13k and 1.42x industry multiple (adjusted for liquidity).
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Hitchen Partners Limited Overview
Hitchen Partners Limited is a live company located in ripon, HG4 1PB with a Companies House number of 10100518. It operates in the raising of other cattle and buffaloes sector, SIC Code 01420. Founded in April 2016, it's largest shareholder is alison hitchen with a 75% stake. Hitchen Partners Limited is a young, small sized company, Pomanda has estimated its turnover at £1.1m with rapid growth in recent years.
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Hitchen Partners Limited Health Check
Pomanda's financial health check has awarded Hitchen Partners Limited a 2.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 6 areas for improvement. Company Health Check FAQs
3 Strong
1 Regular
6 Weak
Size
annual sales of £1.1m, make it larger than the average company (£502.7k)
- Hitchen Partners Limited
£502.7k - Industry AVG
Growth
3 year (CAGR) sales growth of 30%, show it is growing at a faster rate (4.2%)
- Hitchen Partners Limited
4.2% - Industry AVG
Production
with a gross margin of 20.8%, this company has a higher cost of product (33.7%)
- Hitchen Partners Limited
33.7% - Industry AVG
Profitability
an operating margin of 0.1% make it less profitable than the average company (11.9%)
- Hitchen Partners Limited
11.9% - Industry AVG
Employees
with 2 employees, this is below the industry average (2)
2 - Hitchen Partners Limited
2 - Industry AVG
Pay Structure
on an average salary of £43.7k, the company has an equivalent pay structure (£43.7k)
- Hitchen Partners Limited
£43.7k - Industry AVG
Efficiency
resulting in sales per employee of £552.3k, this is more efficient (£140.3k)
- Hitchen Partners Limited
£140.3k - Industry AVG
Debtor Days
it gets paid by customers after 57 days, this is later than average (14 days)
- Hitchen Partners Limited
14 days - Industry AVG
Creditor Days
its suppliers are paid after 72 days, this is quicker than average (128 days)
- Hitchen Partners Limited
128 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Hitchen Partners Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Hitchen Partners Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 93.1%, this is a higher level of debt than the average (30.1%)
93.1% - Hitchen Partners Limited
30.1% - Industry AVG
HITCHEN PARTNERS LIMITED financials
Hitchen Partners Limited's latest turnover from June 2024 is estimated at £1.1 million and the company has net assets of £13 thousand. According to their latest financial statements, Hitchen Partners Limited has 2 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jun 2024 | Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Jun 2018 | Jun 2017 | |
|---|---|---|---|---|---|---|---|---|
| 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 | 2 | 2 | 2 | 2 | 2 | 2 | ||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jun 2024 | Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Jun 2018 | Jun 2017 | |
|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 12,346 | 26,161 | 30,813 | 35,966 | 49,364 | 34,081 | 34,049 | 40,086 |
| 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 | 12,346 | 26,161 | 30,813 | 35,966 | 49,364 | 34,081 | 34,049 | 40,086 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 175,126 | 172,087 | 138,638 | 125,737 | 115,642 | 117,263 | 139,569 | 117,517 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 2,000 | 0 | 0 | 0 | 0 |
| Cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 175,126 | 172,087 | 138,638 | 127,737 | 115,642 | 117,263 | 139,569 | 117,517 |
| total assets | 187,472 | 198,248 | 169,451 | 163,703 | 165,006 | 151,344 | 173,618 | 157,603 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 172,679 | 184,641 | 163,837 | 169,859 | 161,757 | 149,254 | 158,884 | 142,925 |
| 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 | 172,679 | 184,641 | 163,837 | 169,859 | 161,757 | 149,254 | 158,884 | 142,925 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 1,795 | 1,690 | 3,162 | 5,121 | 9,224 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 3,040 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 1,795 | 1,690 | 3,162 | 5,121 | 12,264 | 0 | 0 | 0 |
| total liabilities | 174,474 | 186,331 | 166,999 | 174,980 | 174,021 | 149,254 | 158,884 | 142,925 |
| net assets | 12,998 | 11,917 | 2,452 | -11,277 | -9,015 | 2,090 | 14,734 | 14,678 |
| total shareholders funds | 12,998 | 11,917 | 2,452 | -11,277 | -9,015 | 2,090 | 14,734 | 14,678 |
| Jun 2024 | Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Jun 2018 | Jun 2017 | |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Operating Profit | ||||||||
| Depreciation | ||||||||
| Amortisation | ||||||||
| Tax | ||||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 3,039 | 33,449 | 10,901 | 12,095 | -1,621 | -22,306 | 22,052 | 117,517 |
| Creditors | -11,962 | 20,804 | -6,022 | 8,102 | 12,503 | -9,630 | 15,959 | 142,925 |
| Accruals and Deferred Income | 105 | -1,472 | -1,959 | -4,103 | 9,224 | 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 | 0 | 0 | 0 | -3,040 | 3,040 | 0 | 0 | 0 |
| share issue | ||||||||
| interest | ||||||||
| cash flow from financing | ||||||||
| cash and cash equivalents | ||||||||
| cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
hitchen partners limited Credit Report and Business Information
Hitchen Partners Limited Competitor Analysis
Perform a competitor analysis for hitchen partners limited by selecting its closest rivals, whether from the AGRICULTURE, FORESTRY AND FISHING sector, other small companies, companies in HG4 area or any other competitors across 12 key performance metrics.
hitchen partners limited Ownership
HITCHEN PARTNERS LIMITED group structure
Hitchen Partners Limited has no subsidiary companies.
Ultimate parent company
HITCHEN PARTNERS LIMITED
10100518
hitchen partners limited directors
Hitchen Partners Limited currently has 2 directors. The longest serving directors include Mr William Hitchen (Apr 2016) and Mrs Alison Hitchen (Apr 2016).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr William Hitchen | 43 years | Apr 2016 | - | Director | |
| Mrs Alison Hitchen | 73 years | Apr 2016 | - | Director |
P&L
June 2024turnover
1.1m
-4%
operating profit
1.4k
0%
gross margin
20.9%
-19.91%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
June 2024net assets
13k
+0.09%
total assets
187.5k
-0.05%
cash
0
0%
net assets
Total assets minus all liabilities
hitchen partners limited company details
company number
10100518
Type
Private limited with Share Capital
industry
01450 - Raising of sheep and goats
01420 - Raising of other cattle and buffaloes
incorporation date
April 2016
age
8
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
June 2024
previous names
N/A
accountant
-
auditor
-
address
44 kirkgate, ripon, HG4 1PB
Bank
-
Legal Advisor
-
hitchen partners 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 did not find charges/mortgages relating to hitchen partners limited.
hitchen partners limited Companies House Filings - See Documents
| date | description | view/download |
|---|
