hand of ltd

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hand of ltd Company Information

Share HAND OF LTD

Company Number

10156422

Shareholders

-

Group Structure

View All

Industry

Support activities to performing arts

 +1

Registered Address

9 akenside hill, princes wharf, newcastle upon tyne, NE1 3XP

hand of ltd Estimated Valuation

£76.4k

Pomanda estimates the enterprise value of HAND OF LTD at £76.4k based on a Turnover of £115k and 0.66x industry multiple (adjusted for size and gross margin).

hand of ltd Estimated Valuation

£160k

Pomanda estimates the enterprise value of HAND OF LTD at £160k based on an EBITDA of £26.3k and a 6.09x industry multiple (adjusted for size and gross margin).

hand of ltd Estimated Valuation

£66k

Pomanda estimates the enterprise value of HAND OF LTD at £66k based on Net Assets of £38k and 1.74x industry multiple (adjusted for liquidity).

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Hand Of Ltd Overview

Hand Of Ltd is a live company located in newcastle upon tyne, NE1 3XP with a Companies House number of 10156422. It operates in the cultural education sector, SIC Code 85520. Founded in April 2016, it's largest shareholder is unknown. Hand Of Ltd is a young, micro sized company, Pomanda has estimated its turnover at £115k with healthy growth in recent years.

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Hand Of Ltd Health Check

Pomanda's financial health check has awarded Hand Of Ltd a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 2 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating4.5out of 5
positive_score

4 Strong

positive_score

2 Regular

positive_score

2 Weak

size

Size

annual sales of £115k, make it smaller than the average company (£247.8k)

£115k - Hand Of Ltd

£247.8k - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 14%, show it is growing at a faster rate (4.6%)

14% - Hand Of Ltd

4.6% - Industry AVG

production

Production

with a gross margin of 57%, this company has a comparable cost of product (57%)

57% - Hand Of Ltd

57% - Industry AVG

profitability

Profitability

an operating margin of 21.1% make it more profitable than the average company (3.8%)

21.1% - Hand Of Ltd

3.8% - Industry AVG

employees

Employees

with 2 employees, this is below the industry average (5)

2 - Hand Of Ltd

5 - Industry AVG

paystructure

Pay Structure

There is insufficient data available for this Key Performance Indicator!

- - Hand Of Ltd

- - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £57.5k, this is equally as efficient (£64.5k)

£57.5k - Hand Of Ltd

£64.5k - Industry AVG

debtordays

Debtor Days

There is insufficient data available for this Key Performance Indicator!

- - Hand Of Ltd

- - Industry AVG

creditordays

Creditor Days

There is insufficient data available for this Key Performance Indicator!

- - Hand Of Ltd

- - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Hand Of Ltd

- - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 234 weeks, this is more cash available to meet short term requirements (133 weeks)

234 weeks - Hand Of Ltd

133 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 14%, this is a lower level of debt than the average (25.2%)

14% - Hand Of Ltd

25.2% - Industry AVG

HAND OF LTD financials

EXPORTms excel logo

Hand Of Ltd's latest turnover from August 2023 is £115 thousand and the company has net assets of £38 thousand. According to their latest financial statements, we estimate that Hand Of Ltd has 2 employees and maintains cash reserves of £28 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Aug 2023Sep 2022Sep 2021Sep 2020Sep 2019Sep 2018Apr 2017
Turnover114,96581,65065,61878,341137,551122,96048,781
Other Income Or Grants
Cost Of Sales49,40439,20739,04944,76581,03175,01927,310
Gross Profit65,56142,44326,56933,57656,52047,94121,471
Admin Expenses41,25752,37735,640-6,16857,67046,60815,066
Operating Profit24,304-9,934-9,07139,744-1,1501,3336,405
Interest Payable
Interest Receivable12
Pre-Tax Profit19,195-9,479-9,03832,207-1,1501,3445,191
Tax-255
Profit After Tax19,195-9,479-9,03832,207-1,1501,0895,191
Dividends Paid
Retained Profit19,195-9,479-9,03832,207-1,1501,0895,191
Employee Costs7,33947,12349,60545,50322,600
Number Of Employees2122221
EBITDA*26,284-8,268-7,90341,181-1,1501,3337,268

* Earnings Before Interest, Tax, Depreciation and Amortisation

Aug 2023Sep 2022Sep 2021Sep 2020Sep 2019Sep 2018Apr 2017
Tangible Assets2,5683,2952,8801,6759081,7942,588
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets2,5683,2952,8801,6759081,7942,588
Stock & work in progress
Trade Debtors1,5007,2227,486
Group Debtors
Misc Debtors13,67911,0554,779
Cash27,97321,13030,82135,6623,080
misc current assets
total current assets41,65232,18537,10035,6627,2227,4863,080
total assets44,22035,48039,98037,3378,1309,2805,668
Bank overdraft
Bank loan
Trade Creditors 3,0003,000
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities6,20516,66011,681477
total current liabilities6,20516,66011,6813,0003,000477
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
total long term liabilities
total liabilities6,20516,66011,6813,0003,000477
net assets38,01518,82028,29937,3375,1306,2805,191
total shareholders funds38,01518,82028,29937,3375,1306,2805,191
Aug 2023Sep 2022Sep 2021Sep 2020Sep 2019Sep 2018Apr 2017
Operating Activities
Operating Profit24,304-9,934-9,07139,744-1,1501,3336,405
Depreciation1,9801,6661,1681,437863
Amortisation
Tax-255
Stock
Debtors2,6244,7766,279-7,222-2647,486
Creditors-3,0003,000
Accruals and Deferred Income-10,4554,97911,681-477477
Deferred Taxes & Provisions
Cash flow from operations13,205-8,065-2,50145,403-886-3,8857,745
Investing Activities
capital expenditure-1,253-2,081-2,373-2,204886794-3,451
Change in Investments
cash flow from investments-1,253-2,081-2,373-2,204886794-3,451
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
interest12
cash flow from financing12
cash and cash equivalents
cash6,843-9,691-4,84135,662-3,0803,080
overdraft
change in cash6,843-9,691-4,84135,662-3,0803,080

hand of ltd Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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Hand Of Ltd Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for hand of ltd by selecting its closest rivals, whether from the EDUCATION sector, other micro companies, companies in NE1 area or any other competitors across 12 key performance metrics.

hand of ltd Ownership

HAND OF LTD group structure

Hand Of Ltd has no subsidiary companies.

Ultimate parent company

HAND OF LTD

10156422

HAND OF LTD Shareholders

--

hand of ltd directors

Hand Of Ltd currently has 8 directors. The longest serving directors include Mr Alexander Wright (Oct 2017) and Mr Darryl Ashbourne (Oct 2017).

officercountryagestartendrole
Mr Alexander WrightUnited Kingdom35 years Oct 2017- Director
Mr Darryl Ashbourne67 years Oct 2017- Director
Ms Sarah JamesEngland62 years Feb 2019- Director
Ms Katherine JoelEngland36 years Feb 2019- Director
Ms Nabihah Iqbal38 years Jul 2019- Director
Mr Clarence AdooEngland64 years Mar 2022- Director
Mr Clarence AdooEngland64 years Mar 2022- Director
Ms Rachael PurvisEngland36 years Mar 2022- Director

P&L

August 2023

turnover

115k

+41%

operating profit

24.3k

0%

gross margin

57.1%

+9.7%

turnover

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

Balance Sheet

August 2023

net assets

38k

+1.02%

total assets

44.2k

+0.25%

cash

28k

+0.32%

net assets

Total assets minus all liabilities

hand of ltd company details

company number

10156422

Type

Private Ltd By Guarantee w/o Share Cap

industry

90020 - Support activities to performing arts

85520 - Cultural education

incorporation date

April 2016

age

9

incorporated

UK

ultimate parent company

None

accounts

Total Exemption Full

last accounts submitted

August 2023

previous names

N/A

accountant

MAI MAK

auditor

-

address

9 akenside hill, princes wharf, newcastle upon tyne, NE1 3XP

Bank

LLOYDS TSB BANK PLC

Legal Advisor

-

hand of 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 hand of ltd.

hand of 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.

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hand of ltd Companies House Filings - See Documents

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