hedgd limited
hedgd limited Company Information
Company Number
10107725
Website
www.hedgd.comRegistered Address
5 providence court, pynes hill, exeter, EX2 5JL
Industry
Business and domestic software development
Telephone
-
Next Accounts Due
January 2025
Group Structure
View All
Directors
Matthew Canning8 Years
Shareholders
mr matthew canning 97.2%
mr john gallagher 2.8%
hedgd limited Estimated Valuation
Pomanda estimates the enterprise value of HEDGD LIMITED at £145.9k based on a Turnover of £185.7k and 0.79x industry multiple (adjusted for size and gross margin).
hedgd limited Estimated Valuation
Pomanda estimates the enterprise value of HEDGD LIMITED at £0 based on an EBITDA of £-118.8k and a 5.16x industry multiple (adjusted for size and gross margin).
hedgd limited Estimated Valuation
Pomanda estimates the enterprise value of HEDGD LIMITED at £0 based on Net Assets of £-237.5k and 2.37x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Hedgd Limited Overview
Hedgd Limited is a live company located in exeter, EX2 5JL with a Companies House number of 10107725. It operates in the business and domestic software development sector, SIC Code 62012. Founded in April 2016, it's largest shareholder is mr matthew canning with a 97.2% stake. Hedgd Limited is a young, micro sized company, Pomanda has estimated its turnover at £185.7k with declining growth in recent years.
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Hedgd Limited Health Check
Pomanda's financial health check has awarded Hedgd Limited a 0.5 rating. We use a traffic light system to show it exceeds the industry average on 0 measures and has 8 areas for improvement. Company Health Check FAQs
0 Strong
2 Regular
8 Weak
Size
annual sales of £185.7k, make it smaller than the average company (£3m)
- Hedgd Limited
£3m - Industry AVG
Growth
3 year (CAGR) sales growth of -15%, show it is growing at a slower rate (8.5%)
- Hedgd Limited
8.5% - Industry AVG
Production
with a gross margin of 72%, this company has a comparable cost of product (72%)
- Hedgd Limited
72% - Industry AVG
Profitability
an operating margin of -64.5% make it less profitable than the average company (3.9%)
- Hedgd Limited
3.9% - Industry AVG
Employees
with 2 employees, this is below the industry average (28)
2 - Hedgd Limited
28 - Industry AVG
Pay Structure
on an average salary of £65.7k, the company has an equivalent pay structure (£65.7k)
- Hedgd Limited
£65.7k - Industry AVG
Efficiency
resulting in sales per employee of £92.9k, this is less efficient (£112.1k)
- Hedgd Limited
£112.1k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Hedgd Limited
- - Industry AVG
Creditor Days
its suppliers are paid after 2 days, this is quicker than average (41 days)
- Hedgd Limited
41 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Hedgd Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 6 weeks, this is less cash available to meet short term requirements (18 weeks)
6 weeks - Hedgd Limited
18 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 312.4%, this is a higher level of debt than the average (60.9%)
312.4% - Hedgd Limited
60.9% - Industry AVG
HEDGD LIMITED financials
Hedgd Limited's latest turnover from April 2023 is estimated at £185.7 thousand and the company has net assets of -£237.5 thousand. According to their latest financial statements, Hedgd Limited has 2 employees and maintains cash reserves of £44.9 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Apr 2023 | Apr 2022 | Apr 2021 | Apr 2020 | Apr 2019 | Apr 2018 | Apr 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 | 3 | 3 | 3 | 3 | 3 | 2 |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Apr 2023 | Apr 2022 | Apr 2021 | Apr 2020 | Apr 2019 | Apr 2018 | Apr 2017 | |
|---|---|---|---|---|---|---|---|
| Tangible Assets | 374 | 1,103 | 1,082 | 2,764 | 3,811 | 6,481 | 4,589 |
| Intangible Assets | 877 | 1,169 | 1,461 | 1,754 | 2,046 | 2,338 | 2,631 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 1,251 | 2,272 | 2,543 | 4,518 | 5,857 | 8,819 | 7,220 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 0 | 0 | 0 | 0 | 0 | 7,790 | 3,360 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 65,681 | 90,246 | 52,613 | 27,600 | 9,726 | 11,850 | 5,684 |
| Cash | 44,901 | 143,685 | 347,239 | 44,226 | 175,373 | 115,362 | 123,059 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 110,582 | 233,931 | 399,852 | 71,826 | 185,099 | 135,002 | 132,103 |
| total assets | 111,833 | 236,203 | 402,395 | 76,344 | 190,956 | 143,821 | 139,323 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 335 | 306 | 282 | 0 | 24 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 349,029 | 357,660 | 348,291 | 94,444 | 82,099 | 56,933 | 44,714 |
| total current liabilities | 349,364 | 357,966 | 348,573 | 94,444 | 82,123 | 56,933 | 44,714 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 724 | 1,231 | 872 |
| total long term liabilities | 0 | 0 | 0 | 0 | 724 | 1,231 | 872 |
| total liabilities | 349,364 | 357,966 | 348,573 | 94,444 | 82,847 | 58,164 | 45,586 |
| net assets | -237,531 | -121,763 | 53,822 | -18,100 | 108,109 | 85,657 | 93,737 |
| total shareholders funds | -237,531 | -121,763 | 53,822 | -18,100 | 108,109 | 85,657 | 93,737 |
| Apr 2023 | Apr 2022 | Apr 2021 | Apr 2020 | Apr 2019 | Apr 2018 | Apr 2017 | |
|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||
| Operating Profit | |||||||
| Depreciation | 729 | 728 | 1,682 | 3,211 | 2,670 | 2,670 | 1,530 |
| Amortisation | 292 | 292 | 293 | 292 | 292 | 293 | 292 |
| Tax | |||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | -24,565 | 37,633 | 25,013 | 17,874 | -9,914 | 10,596 | 9,044 |
| Creditors | 29 | 24 | 282 | -24 | 24 | 0 | 0 |
| Accruals and Deferred Income | -8,631 | 9,369 | 253,847 | 12,345 | 25,166 | 12,219 | 44,714 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | -724 | -507 | 359 | 872 |
| Cash flow from operations | |||||||
| Investing Activities | |||||||
| capital expenditure | |||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | |||||||
| Financing Activities | |||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||||
| interest | |||||||
| cash flow from financing | |||||||
| cash and cash equivalents | |||||||
| cash | -98,784 | -203,554 | 303,013 | -131,147 | 60,011 | -7,697 | 123,059 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -98,784 | -203,554 | 303,013 | -131,147 | 60,011 | -7,697 | 123,059 |
hedgd limited Credit Report and Business Information
Hedgd Limited Competitor Analysis
Perform a competitor analysis for hedgd limited by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other micro companies, companies in EX2 area or any other competitors across 12 key performance metrics.
hedgd limited Ownership
HEDGD LIMITED group structure
Hedgd Limited has no subsidiary companies.
Ultimate parent company
HEDGD LIMITED
10107725
hedgd limited directors
Hedgd Limited currently has 1 director, Mr Matthew Canning serving since Apr 2016.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Matthew Canning | United Kingdom | 45 years | Apr 2016 | - | Director |
P&L
April 2023turnover
185.7k
-28%
operating profit
-119.8k
0%
gross margin
72%
-3.41%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
April 2023net assets
-237.5k
+0.95%
total assets
111.8k
-0.53%
cash
44.9k
-0.69%
net assets
Total assets minus all liabilities
Similar Companies
hedgd limited company details
company number
10107725
Type
Private limited with Share Capital
industry
62012 - Business and domestic software development
incorporation date
April 2016
age
8
incorporated
UK
accounts
Total Exemption Full
ultimate parent company
previous names
hedged limited (April 2016)
last accounts submitted
April 2023
address
5 providence court, pynes hill, exeter, EX2 5JL
accountant
-
auditor
-
hedgd 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 hedgd limited.
hedgd limited Companies House Filings - See Documents
| date | description | view/download |
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