Pomanda estimates the enterprise value of HIREME LEISURE VEHICLES LTD at £80.1k based on a Turnover of £81.7k and 0.98x industry multiple (adjusted for size and gross margin).
hireme leisure vehicles ltdEstimated Valuation
£0
Pomanda estimates the enterprise value of HIREME LEISURE VEHICLES LTD at £0 based on an EBITDA of £-10.6k and a 8.43x industry multiple (adjusted for size and gross margin).
hireme leisure vehicles ltdEstimated Valuation
£146.4k
Pomanda estimates the enterprise value of HIREME LEISURE VEHICLES LTD at £146.4k based on Net Assets of £68.7k and 2.13x industry multiple (adjusted for liquidity).
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Hireme Leisure Vehicles LtdOverview
Hireme Leisure Vehicles Ltd is a live company located in dereham, NR20 3ET with a Companies House number of 10347512. It operates in the taxi operation sector, SIC Code 49320. Founded in August 2016, it's largest shareholder is
neil spencer greentree
with a 63.2% stake. Hireme Leisure Vehicles Ltd is a young,
micro sized company, Pomanda has estimated its turnover at
£81.7k with
low
growth in recent years.
Pomanda's financial health check has awarded Hireme Leisure Vehicles Ltd a 3 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 5 areas for improvement. Company Health Check FAQs
Health Rating3out of 5
2 Strong
4 Regular
5 Weak
Size
annual sales of £81.7k, make it smaller than the average company (£369k)
£81.7k - Hireme Leisure Vehicles Ltd
£369k - Industry AVG
Growth
3 year (CAGR) sales growth of 0%, show it is growing at a slower rate (10%)
0% - Hireme Leisure Vehicles Ltd
10% - Industry AVG
Production
with a gross margin of 48.4%, this company has a comparable cost of product (48.4%)
48.4% - Hireme Leisure Vehicles Ltd
48.4% - Industry AVG
Profitability
an operating margin of -25.5% make it less profitable than the average company (10%)
-25.5% - Hireme Leisure Vehicles Ltd
10% - Industry AVG
Employees
with 2 employees, this is below the industry average (5)
2 - Hireme Leisure Vehicles Ltd
5 - Industry AVG
Pay Structure
on an average salary of £27.4k, the company has an equivalent pay structure (£27.4k)
£27.4k - Hireme Leisure Vehicles Ltd
£27.4k - Industry AVG
Efficiency
resulting in sales per employee of £40.9k, this is less efficient (£77.5k)
£40.9k - Hireme Leisure Vehicles Ltd
£77.5k - Industry AVG
Debtor Days
it gets paid by customers after 7 days, this is earlier than average (37 days)
7 days - Hireme Leisure Vehicles Ltd
37 days - Industry AVG
Creditor Days
its suppliers are paid after 57 days, this is slower than average (8 days)
57 days - Hireme Leisure Vehicles Ltd
8 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Hireme Leisure Vehicles Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities
for 30 weeks, this is average cash available to meet short term requirements (28 weeks)
30 weeks - Hireme Leisure Vehicles Ltd
28 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 59.3%, this is a similar level of debt than the average (54.4%)
59.3% - Hireme Leisure Vehicles Ltd
54.4% - Industry AVG
HIREME LEISURE VEHICLES LTD financials
EXPORT
Hireme Leisure Vehicles Ltd's latest turnover from September 2023 is estimated at £81.7 thousand and the company has net assets of £68.7 thousand. According to their latest financial statements, Hireme Leisure Vehicles Ltd has 2 employees and maintains cash reserves of £52.3 thousand as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Sep 2023
Sep 2022
Sep 2021
Sep 2020
Sep 2019
Sep 2018
Sep 2017
Turnover
81,721
195,225
103,354
80,711
Other Income Or Grants
Cost Of Sales
42,195
106,102
58,305
38,059
Gross Profit
39,526
89,123
45,049
42,652
Admin Expenses
60,371
48,828
-7,462
29,404
31
76
919
Operating Profit
-20,845
40,295
52,511
13,248
-31
-76
-919
Interest Payable
Interest Receivable
3,239
1,448
46
20
31
16
Pre-Tax Profit
-17,606
41,743
52,557
13,268
-60
-919
Tax
-7,931
-9,986
-2,521
Profit After Tax
-17,606
33,812
42,571
10,747
-60
-919
Dividends Paid
Retained Profit
-17,606
33,812
42,571
10,747
-60
-919
Employee Costs
54,750
81,018
78,575
70,560
Number Of Employees
2
3
3
3
EBITDA*
-10,637
55,230
59,828
13,248
-31
-76
-919
* Earnings Before Interest, Tax, Depreciation and Amortisation
Sep 2023
Sep 2022
Sep 2021
Sep 2020
Sep 2019
Sep 2018
Sep 2017
Tangible Assets
57,840
84,629
41,463
48,506
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
57,840
84,629
41,463
48,506
Stock & work in progress
Trade Debtors
1,740
680
Group Debtors
Misc Debtors
56,619
7,921
2,133
Cash
52,308
71,085
57,660
34,800
4,261
4,121
181
misc current assets
total current assets
110,667
79,686
59,793
34,800
4,261
4,121
181
total assets
168,507
164,315
101,256
83,306
4,261
4,121
181
Bank overdraft
Bank loan
Trade Creditors
6,658
51,621
2,385
151
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
82,208
10,357
18,796
29,383
5,136
4,996
996
total current liabilities
88,866
61,978
21,181
29,534
5,136
4,996
996
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
19,754
34,684
provisions
10,990
16,080
7,878
9,216
total long term liabilities
10,990
16,080
27,632
43,900
total liabilities
99,856
78,058
48,813
73,434
5,136
4,996
996
net assets
68,651
86,257
52,443
9,872
-875
-875
-815
total shareholders funds
68,651
86,257
52,443
9,872
-875
-875
-815
Sep 2023
Sep 2022
Sep 2021
Sep 2020
Sep 2019
Sep 2018
Sep 2017
Operating Activities
Operating Profit
-20,845
40,295
52,511
13,248
-31
-76
-919
Depreciation
10,208
14,935
7,317
Amortisation
Tax
-7,931
-9,986
-2,521
Stock
Debtors
49,758
6,468
2,133
Creditors
-44,963
49,236
2,234
151
Accruals and Deferred Income
71,851
-8,439
-10,587
24,247
140
4,000
996
Deferred Taxes & Provisions
-5,090
8,202
-1,338
9,216
Cash flow from operations
-38,597
89,830
38,018
44,341
109
3,924
77
Investing Activities
capital expenditure
16,581
-58,101
-274
-48,506
Change in Investments
cash flow from investments
16,581
-58,101
-274
-48,506
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
-19,754
-14,930
34,684
share issue
2
104
interest
3,239
1,448
46
20
31
16
cash flow from financing
3,239
-18,304
-14,884
34,704
31
16
104
cash and cash equivalents
cash
-18,777
13,425
22,860
30,539
140
3,940
181
overdraft
change in cash
-18,777
13,425
22,860
30,539
140
3,940
181
hireme leisure vehicles ltd Credit Report and Business Information
Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
Get a comprehensive credit check for hireme leisure vehicles ltd. Get real-time insights into hireme leisure vehicles ltd's credit score, group structure and payment trends.
Perform a competitor analysis for hireme leisure vehicles ltd by selecting its closest rivals, whether from the TRANSPORTATION AND STORAGE sector, other micro companies, companies in NR20 area or any other competitors across 12 key performance metrics.
hireme leisure vehicles ltd Ownership
HIREME LEISURE VEHICLES LTD group structure
Hireme Leisure Vehicles Ltd has no subsidiary companies.
Ultimate parent company
HIREME LEISURE VEHICLES LTD
10347512
HIREME LEISURE VEHICLES LTD Shareholders
The largest shareholders in Hireme Leisure Vehicles Ltd include Neil Spencer Greentree and Justyn Keith Greentree.
neil spencer greentree
63.21%
justyn keith greentree
32.08%
hireme leisure vehicles ltd
4.72%
hireme leisure vehicles ltd directors
Hireme Leisure Vehicles Ltd currently has 2 directors.
The longest serving directors include
Mr Justyn Greentree (Aug 2016) and
Mr Neil Greentree (Aug 2016).
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
September 2023
net assets
68.7k
-0.2%
total assets
168.5k
+0.03%
cash
52.3k
-0.26%
net assets
Total assets minus all liabilities
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hireme leisure vehicles ltd company details
company number
10347512
Type
Private limited with Share Capital
industry
49320 - Taxi operation
incorporation date
August 2016
age
9
incorporated
UK
ultimate parent company
None
accounts
Total Exemption Full
last accounts submitted
September 2023
previous names
hireme ltd (August 2016)
accountant
-
auditor
-
address
woodstock barn etling green, dereham, NR20 3ET
Bank
-
Legal Advisor
-
hireme leisure vehicles 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 hireme leisure vehicles ltd.
hireme leisure vehicles 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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hireme leisure vehicles ltdCompanies House Filings - See Documents
