hbn accountants ltd
hbn accountants ltd Company Information
Company Number
10115861
Next Accounts
Dec 2025
Directors
Shareholders
jasbir singh
jaswinder kaur
Group Structure
View All
Industry
Bookkeeping activities
Registered Address
66 blacklands drive, hayes, middlesex, UB4 8EY
Website
-hbn accountants ltd Estimated Valuation
Pomanda estimates the enterprise value of HBN ACCOUNTANTS LTD at £27.2k based on a Turnover of £104.8k and 0.26x industry multiple (adjusted for size and gross margin).
hbn accountants ltd Estimated Valuation
Pomanda estimates the enterprise value of HBN ACCOUNTANTS LTD at £21.8k based on an EBITDA of £14.7k and a 1.48x industry multiple (adjusted for size and gross margin).
hbn accountants ltd Estimated Valuation
Pomanda estimates the enterprise value of HBN ACCOUNTANTS LTD at £89k based on Net Assets of £26.9k and 3.31x industry multiple (adjusted for liquidity).
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Hbn Accountants Ltd Overview
Hbn Accountants Ltd is a live company located in middlesex, UB4 8EY with a Companies House number of 10115861. It operates in the bookkeeping activities sector, SIC Code 69202. Founded in April 2016, it's largest shareholder is jasbir singh with a 75% stake. Hbn Accountants Ltd is a young, micro sized company, Pomanda has estimated its turnover at £104.8k with rapid growth in recent years.
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Hbn Accountants Ltd Health Check
Pomanda's financial health check has awarded Hbn Accountants Ltd a 5 rating. We use a traffic light system to show it exceeds the industry average on 6 measures and has 3 areas for improvement. Company Health Check FAQs
6 Strong
1 Regular
3 Weak
Size
annual sales of £104.8k, make it larger than the average company (£79.7k)
- Hbn Accountants Ltd
£79.7k - Industry AVG
Growth
3 year (CAGR) sales growth of 154%, show it is growing at a faster rate (5.4%)
- Hbn Accountants Ltd
5.4% - Industry AVG
Production
with a gross margin of 5.1%, this company has a higher cost of product (63.6%)
- Hbn Accountants Ltd
63.6% - Industry AVG
Profitability
an operating margin of 14% make it more profitable than the average company (3.7%)
- Hbn Accountants Ltd
3.7% - Industry AVG
Employees
with 1 employees, this is below the industry average (2)
1 - Hbn Accountants Ltd
2 - Industry AVG
Pay Structure
on an average salary of £17.9k, the company has an equivalent pay structure (£17.9k)
- Hbn Accountants Ltd
£17.9k - Industry AVG
Efficiency
resulting in sales per employee of £104.8k, this is more efficient (£53.1k)
- Hbn Accountants Ltd
£53.1k - Industry AVG
Debtor Days
it gets paid by customers after 175 days, this is later than average (68 days)
- Hbn Accountants Ltd
68 days - Industry AVG
Creditor Days
its suppliers are paid after 85 days, this is slower than average (4 days)
- Hbn Accountants Ltd
4 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Hbn Accountants Ltd
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Hbn Accountants Ltd
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 46.6%, this is a lower level of debt than the average (75.1%)
46.6% - Hbn Accountants Ltd
75.1% - Industry AVG
HBN ACCOUNTANTS LTD financials
Hbn Accountants Ltd's latest turnover from March 2024 is estimated at £104.8 thousand and the company has net assets of £26.9 thousand. According to their latest financial statements, Hbn Accountants Ltd has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2024 | Mar 2023 | Mar 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 | 1 | 1 | ||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2024 | Mar 2023 | Mar 2022 | Apr 2021 | Apr 2020 | Apr 2019 | Apr 2018 | Apr 2017 | |
|---|---|---|---|---|---|---|---|---|
| Tangible Assets | ||||||||
| Intangible Assets | ||||||||
| Investments & Other | ||||||||
| Debtors (Due After 1 year) | ||||||||
| Total Fixed Assets | ||||||||
| Stock & work in progress | ||||||||
| Trade Debtors | 50,253 | 38,677 | 18,320 | 3,925 | 2,569 | 1,979 | 1,676 | 244 |
| Group Debtors | ||||||||
| Misc Debtors | ||||||||
| Cash | 2,737 | |||||||
| misc current assets | ||||||||
| total current assets | 50,253 | 38,677 | 18,320 | 3,925 | 2,569 | 1,979 | 1,676 | 2,981 |
| total assets | 50,253 | 38,677 | 18,320 | 3,925 | 2,569 | 1,979 | 1,676 | 2,981 |
| Bank overdraft | ||||||||
| Bank loan | ||||||||
| Trade Creditors | 23,396 | 22,836 | 8,496 | 3,648 | 2,423 | 1,549 | 917 | 839 |
| Group/Directors Accounts | ||||||||
| other short term finances | ||||||||
| hp & lease commitments | ||||||||
| other current liabilities | ||||||||
| total current liabilities | 23,396 | 22,836 | 8,496 | 3,648 | 2,423 | 1,549 | 917 | 839 |
| loans | ||||||||
| hp & lease commitments | ||||||||
| Accruals and Deferred Income | ||||||||
| other liabilities | ||||||||
| provisions | ||||||||
| total long term liabilities | ||||||||
| total liabilities | 23,396 | 22,836 | 8,496 | 3,648 | 2,423 | 1,549 | 917 | 839 |
| net assets | 26,857 | 15,841 | 9,824 | 277 | 146 | 430 | 759 | 2,142 |
| total shareholders funds | 26,857 | 15,841 | 9,824 | 277 | 146 | 430 | 759 | 2,142 |
| Mar 2024 | Mar 2023 | Mar 2022 | Apr 2021 | Apr 2020 | Apr 2019 | Apr 2018 | Apr 2017 | |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Operating Profit | ||||||||
| Depreciation | ||||||||
| Amortisation | ||||||||
| Tax | ||||||||
| Stock | ||||||||
| Debtors | 11,576 | 20,357 | 14,395 | 1,356 | 590 | 303 | 1,432 | 244 |
| Creditors | 560 | 14,340 | 4,848 | 1,225 | 874 | 632 | 78 | 839 |
| Accruals and Deferred Income | ||||||||
| Deferred Taxes & Provisions | ||||||||
| Cash flow from operations | ||||||||
| Investing Activities | ||||||||
| capital expenditure | ||||||||
| Change in Investments | ||||||||
| cash flow from investments | ||||||||
| Financing Activities | ||||||||
| Bank loans | ||||||||
| Group/Directors Accounts | ||||||||
| Other Short Term Loans | ||||||||
| Long term loans | ||||||||
| Hire Purchase and Lease Commitments | ||||||||
| other long term liabilities | ||||||||
| share issue | ||||||||
| interest | ||||||||
| cash flow from financing | ||||||||
| cash and cash equivalents | ||||||||
| cash | -2,737 | 2,737 | ||||||
| overdraft | ||||||||
| change in cash | -2,737 | 2,737 |
hbn accountants ltd Credit Report and Business Information
Hbn Accountants Ltd Competitor Analysis
Perform a competitor analysis for hbn accountants ltd by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other micro companies, companies in UB4 area or any other competitors across 12 key performance metrics.
hbn accountants ltd Ownership
HBN ACCOUNTANTS LTD group structure
Hbn Accountants Ltd has no subsidiary companies.
Ultimate parent company
HBN ACCOUNTANTS LTD
10115861
hbn accountants ltd directors
Hbn Accountants Ltd currently has 1 director, Mr Jasbir Singh serving since Apr 2016.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Jasbir Singh | England | 44 years | Apr 2016 | - | Director |
P&L
March 2024turnover
104.8k
+50%
operating profit
14.7k
0%
gross margin
5.2%
-84.17%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2024net assets
26.9k
+0.7%
total assets
50.3k
+0.3%
cash
0
0%
net assets
Total assets minus all liabilities
hbn accountants ltd company details
company number
10115861
Type
Private limited with Share Capital
industry
69202 - Bookkeeping activities
incorporation date
April 2016
age
9
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
March 2024
previous names
xcel bookkeeping solutions ltd (March 2025)
accountant
-
auditor
-
address
66 blacklands drive, hayes, middlesex, UB4 8EY
Bank
-
Legal Advisor
-
hbn accountants 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 hbn accountants ltd.
hbn accountants 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.
Click to start generating capital raising & share issue transactions for HBN ACCOUNTANTS LTD. This can take several minutes, an email will notify you when this has completed.
hbn accountants ltd Companies House Filings - See Documents
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