here east management limited
here east management limited Company Information
Company Number
10421521
Website
-Registered Address
2 fitzroy place, 8 mortimer street, london, england, W1T 3JJ
Industry
Other business support service activities n.e.c.
Telephone
-
Next Accounts Due
December 2024
Group Structure
View All
Directors
Andrew Parsons1 Years
Shareholders
dv4 properties icity co. limited 100%
here east management limited Estimated Valuation
Pomanda estimates the enterprise value of HERE EAST MANAGEMENT LIMITED at £397.9k based on a Turnover of £1.4m and 0.28x industry multiple (adjusted for size and gross margin).
here east management limited Estimated Valuation
Pomanda estimates the enterprise value of HERE EAST MANAGEMENT LIMITED at £1.9k based on an EBITDA of £871 and a 2.18x industry multiple (adjusted for size and gross margin).
here east management limited Estimated Valuation
Pomanda estimates the enterprise value of HERE EAST MANAGEMENT LIMITED at £0 based on Net Assets of £1 and 0.52x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Here East Management Limited Overview
Here East Management Limited is a live company located in london, W1T 3JJ with a Companies House number of 10421521. It operates in the other business support service activities n.e.c. sector, SIC Code 82990. Founded in October 2016, it's largest shareholder is dv4 properties icity co. limited with a 100% stake. Here East Management Limited is a young, small sized company, Pomanda has estimated its turnover at £1.4m with healthy growth in recent years.
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Here East Management Limited Health Check
Pomanda's financial health check has awarded Here East Management Limited a 2 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 6 areas for improvement. Company Health Check FAQs
2 Strong
1 Regular
6 Weak
Size
annual sales of £1.4m, make it smaller than the average company (£3m)
£1.4m - Here East Management Limited
£3m - Industry AVG
Growth
3 year (CAGR) sales growth of 11%, show it is growing at a faster rate (4.1%)
11% - Here East Management Limited
4.1% - Industry AVG
Production
with a gross margin of 0.4%, this company has a higher cost of product (38.3%)
0.4% - Here East Management Limited
38.3% - Industry AVG
Profitability
an operating margin of 0.1% make it less profitable than the average company (6.5%)
0.1% - Here East Management Limited
6.5% - Industry AVG
Employees
with 8 employees, this is below the industry average (20)
8 - Here East Management Limited
20 - Industry AVG
Pay Structure
on an average salary of £43.5k, the company has an equivalent pay structure (£43.5k)
- Here East Management Limited
£43.5k - Industry AVG
Efficiency
resulting in sales per employee of £180k, this is more efficient (£137.9k)
£180k - Here East Management Limited
£137.9k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- - Here East Management Limited
- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- - Here East Management Limited
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Here East Management Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 2 weeks, this is less cash available to meet short term requirements (28 weeks)
2 weeks - Here East Management Limited
28 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 100%, this is a higher level of debt than the average (60.3%)
100% - Here East Management Limited
60.3% - Industry AVG
HERE EAST MANAGEMENT LIMITED financials
Here East Management Limited's latest turnover from March 2023 is £1.4 million and the company has net assets of £1. According to their latest financial statements, Here East Management Limited has 8 employees and maintains cash reserves of £31.3 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | |
|---|---|---|---|---|---|---|---|
| Turnover | 1,439,953 | 1,511,702 | 1,116,884 | 1,056,801 | 1,044,837 | 1,043,874 | 183,527 |
| Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cost Of Sales | 1,434,752 | 1,485,528 | 1,128,198 | 1,057,424 | 1,043,630 | 1,043,985 | 189,819 |
| Gross Profit | 5,201 | 26,174 | -11,314 | -623 | 1,207 | -111 | -6,292 |
| Admin Expenses | 4,330 | 4,760 | -7,955 | 2,900 | 3,000 | 5,000 | 0 |
| Operating Profit | 871 | 21,414 | -3,359 | -3,523 | -1,793 | -5,111 | -6,292 |
| Interest Payable | 1,059 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest Receivable | 188 | 5 | 12 | 82 | 34 | 6 | 1 |
| Pre-Tax Profit | 0 | 21,419 | -3,347 | -3,441 | -1,759 | -5,105 | -6,291 |
| Tax | 0 | -4,070 | 636 | 654 | 1,304 | 0 | 0 |
| Profit After Tax | 0 | 17,349 | -2,711 | -2,787 | -455 | -5,105 | -6,291 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Retained Profit | 0 | 17,349 | -2,711 | -2,787 | -455 | -5,105 | -6,291 |
| Employee Costs | |||||||
| Number Of Employees | 8 | 8 | 8 | 10 | 11 | 11 | 6 |
| EBITDA* | 871 | 21,414 | -3,359 | -3,523 | -1,793 | -5,111 | -6,292 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | |
|---|---|---|---|---|---|---|---|
| Tangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group Debtors | 68,757 | 1,358 | 33,101 | 327,182 | 328,711 | 345,880 | 25,975 |
| Misc Debtors | 518,669 | 577,155 | 337,289 | 654 | 27,741 | 19,762 | 17,750 |
| Cash | 31,336 | 28,889 | 27,382 | 29,645 | 0 | 0 | 0 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 618,762 | 607,402 | 397,772 | 357,481 | 356,452 | 365,642 | 43,725 |
| total assets | 618,762 | 607,402 | 397,772 | 357,481 | 356,452 | 365,642 | 43,725 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 1,476 | 1,476 | 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 | 617,285 | 605,925 | 415,120 | 372,118 | 368,302 | 377,037 | 50,015 |
| total current liabilities | 618,761 | 607,401 | 415,120 | 372,118 | 368,302 | 377,037 | 50,015 |
| 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 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 618,761 | 607,401 | 415,120 | 372,118 | 368,302 | 377,037 | 50,015 |
| net assets | 1 | 1 | -17,348 | -14,637 | -11,850 | -11,395 | -6,290 |
| total shareholders funds | 1 | 1 | -17,348 | -14,637 | -11,850 | -11,395 | -6,290 |
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | |
|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||
| Operating Profit | 871 | 21,414 | -3,359 | -3,523 | -1,793 | -5,111 | -6,292 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | 0 | -4,070 | 636 | 654 | 1,304 | 0 | 0 |
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 8,913 | 208,123 | 42,554 | -28,616 | -9,190 | 321,917 | 43,725 |
| Creditors | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 11,360 | 190,805 | 43,002 | 3,816 | -8,735 | 327,022 | 50,015 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | 3,318 | 26 | -2,275 | 29,563 | -34 | -6 | -2 |
| 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 | 1,476 | 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 | -871 | 5 | 12 | 82 | 34 | 6 | 1 |
| cash flow from financing | -871 | 1,481 | 12 | 82 | 34 | 6 | 2 |
| cash and cash equivalents | |||||||
| cash | 2,447 | 1,507 | -2,263 | 29,645 | 0 | 0 | 0 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 2,447 | 1,507 | -2,263 | 29,645 | 0 | 0 | 0 |
here east management limited Credit Report and Business Information
Here East Management Limited Competitor Analysis
Perform a competitor analysis for here east management limited by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other small companies, companies in W1T area or any other competitors across 12 key performance metrics.
here east management limited Ownership
HERE EAST MANAGEMENT LIMITED group structure
Here East Management Limited has no subsidiary companies.
Ultimate parent company
DV4 PROPERTIES ICITY CO LTD
#0092717
2 parents
HERE EAST MANAGEMENT LIMITED
10421521
here east management limited directors
Here East Management Limited currently has 1 director, Mr Andrew Parsons serving since Feb 2023.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Andrew Parsons | Bermuda | 65 years | Feb 2023 | - | Director |
P&L
March 2023turnover
1.4m
-5%
operating profit
871
-96%
gross margin
0.4%
-79.14%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2023net assets
1
0%
total assets
618.8k
+0.02%
cash
31.3k
+0.08%
net assets
Total assets minus all liabilities
Similar Companies
here east management limited company details
company number
10421521
Type
Private limited with Share Capital
industry
82990 - Other business support service activities n.e.c.
incorporation date
October 2016
age
8
incorporated
UK
accounts
Small Company
ultimate parent company
previous names
N/A
last accounts submitted
March 2023
address
2 fitzroy place, 8 mortimer street, london, england, W1T 3JJ
accountant
-
auditor
ERNST & YOUNG LLP
here east management 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 found 2 charges/mortgages relating to here east management limited. Currently there are 1 open charges and 1 have been satisfied in the past.
here east management limited Companies House Filings - See Documents
| date | description | view/download |
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