hoop resourcing ltd
hoop resourcing ltd Company Information
Company Number
10457297
Website
www.hoopleresourcing.co.ukRegistered Address
14-18 city road, cardiff, CF24 3DL
Industry
Activities of employment placement agencies (other than motion picture, television and other theatrical casting) n.e.c.
Telephone
01432383003
Next Accounts Due
May 2025
Group Structure
View All
Shareholders
paul lewis 50%
hywel roberts 50%
hoop resourcing ltd Estimated Valuation
Pomanda estimates the enterprise value of HOOP RESOURCING LTD at £355.6k based on a Turnover of £2.1m and 0.17x industry multiple (adjusted for size and gross margin).
hoop resourcing ltd Estimated Valuation
Pomanda estimates the enterprise value of HOOP RESOURCING LTD at £244.6k based on an EBITDA of £81.6k and a 3x industry multiple (adjusted for size and gross margin).
hoop resourcing ltd Estimated Valuation
Pomanda estimates the enterprise value of HOOP RESOURCING LTD at £850.1k based on Net Assets of £519k and 1.64x industry multiple (adjusted for liquidity).
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Hoop Resourcing Ltd Overview
Hoop Resourcing Ltd is a live company located in cardiff, CF24 3DL with a Companies House number of 10457297. It operates in the other activities of employment placement agencies sector, SIC Code 78109. Founded in November 2016, it's largest shareholder is paul lewis with a 50% stake. Hoop Resourcing Ltd is a young, small sized company, Pomanda has estimated its turnover at £2.1m with rapid growth in recent years.
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Hoop Resourcing Ltd Health Check
Pomanda's financial health check has awarded Hoop Resourcing Ltd a 5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 4 areas for improvement. Company Health Check FAQs
4 Strong
3 Regular
4 Weak
Size
annual sales of £2.1m, make it smaller than the average company (£6.7m)
- Hoop Resourcing Ltd
£6.7m - Industry AVG
Growth
3 year (CAGR) sales growth of 80%, show it is growing at a faster rate (5.1%)
- Hoop Resourcing Ltd
5.1% - Industry AVG
Production
with a gross margin of 25.2%, this company has a comparable cost of product (25.2%)
- Hoop Resourcing Ltd
25.2% - Industry AVG
Profitability
an operating margin of 3.8% make it as profitable than the average company (4.4%)
- Hoop Resourcing Ltd
4.4% - Industry AVG
Employees
with 10 employees, this is below the industry average (35)
10 - Hoop Resourcing Ltd
35 - Industry AVG
Pay Structure
on an average salary of £50k, the company has an equivalent pay structure (£50k)
- Hoop Resourcing Ltd
£50k - Industry AVG
Efficiency
resulting in sales per employee of £212.3k, this is more efficient (£170.7k)
- Hoop Resourcing Ltd
£170.7k - Industry AVG
Debtor Days
it gets paid by customers after 69 days, this is later than average (46 days)
- Hoop Resourcing Ltd
46 days - Industry AVG
Creditor Days
its suppliers are paid after 2 days, this is quicker than average (9 days)
- Hoop Resourcing Ltd
9 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Hoop Resourcing Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 46 weeks, this is more cash available to meet short term requirements (14 weeks)
46 weeks - Hoop Resourcing Ltd
14 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 49.7%, this is a lower level of debt than the average (66.6%)
49.7% - Hoop Resourcing Ltd
66.6% - Industry AVG
HOOP RESOURCING LTD financials
Hoop Resourcing Ltd's latest turnover from August 2023 is estimated at £2.1 million and the company has net assets of £519 thousand. According to their latest financial statements, Hoop Resourcing Ltd has 10 employees and maintains cash reserves of £442.3 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Aug 2023 | Aug 2022 | Aug 2021 | Aug 2020 | Aug 2019 | Aug 2018 | Aug 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 | 10 | 10 | 7 | 7 | 7 | 5 | 2 |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Aug 2023 | Aug 2022 | Aug 2021 | Aug 2020 | Aug 2019 | Aug 2018 | Aug 2017 | |
|---|---|---|---|---|---|---|---|
| Tangible Assets | 5,089 | 6,762 | 9,024 | 12,040 | 11,227 | 11,960 | 1,575 |
| 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 | 5,089 | 6,762 | 9,024 | 12,040 | 11,227 | 11,960 | 1,575 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 405,325 | 491,686 | 19,887 | 16,206 | 348,588 | 325,815 | 42,305 |
| Group Debtors | 96,797 | 98,845 | 33,298 | 40,518 | 0 | 0 | 0 |
| Misc Debtors | 82,061 | 92,909 | 99,054 | 61,974 | 0 | 0 | 0 |
| Cash | 442,346 | 410,445 | 380,123 | 244,680 | 261,564 | 116,928 | 15,818 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 1,026,529 | 1,093,885 | 532,362 | 363,378 | 610,152 | 442,743 | 58,123 |
| total assets | 1,031,618 | 1,100,647 | 541,386 | 375,418 | 621,379 | 454,703 | 59,698 |
| Bank overdraft | 9,973 | 9,727 | 3,326 | 6,205 | 9,075 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 11,962 | 11,354 | 30,999 | 4,460 | 288,572 | 287,002 | 51,468 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 10,000 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 468,115 | 600,648 | 139,981 | 136,209 | 115,290 | 54,731 | 0 |
| total current liabilities | 490,050 | 621,729 | 174,306 | 146,874 | 412,937 | 341,733 | 61,468 |
| loans | 21,594 | 31,567 | 50,000 | 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 | 967 | 1,285 | 1,714 | 2,292 | 2,133 | 0 | 0 |
| total long term liabilities | 22,561 | 32,852 | 51,714 | 2,292 | 2,133 | 0 | 0 |
| total liabilities | 512,611 | 654,581 | 226,020 | 149,166 | 415,070 | 341,733 | 61,468 |
| net assets | 519,007 | 446,066 | 315,366 | 226,252 | 206,309 | 112,970 | -1,770 |
| total shareholders funds | 519,007 | 446,066 | 315,366 | 226,252 | 206,309 | 112,970 | -1,770 |
| Aug 2023 | Aug 2022 | Aug 2021 | Aug 2020 | Aug 2019 | Aug 2018 | Aug 2017 | |
|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||
| Operating Profit | |||||||
| Depreciation | 1,673 | 2,262 | 3,016 | 3,364 | 3,727 | 3,987 | 525 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | |||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | -99,257 | 531,201 | 33,541 | -229,890 | 22,773 | 283,510 | 42,305 |
| Creditors | 608 | -19,645 | 26,539 | -284,112 | 1,570 | 235,534 | 51,468 |
| Accruals and Deferred Income | -132,533 | 460,667 | 3,772 | 20,919 | 60,559 | 54,731 | 0 |
| Deferred Taxes & Provisions | -318 | -429 | -578 | 159 | 2,133 | 0 | 0 |
| 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 | -10,000 | 10,000 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | -9,973 | -18,433 | 50,000 | 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 | 31,901 | 30,322 | 135,443 | -16,884 | 144,636 | 101,110 | 15,818 |
| overdraft | 246 | 6,401 | -2,879 | -2,870 | 9,075 | 0 | 0 |
| change in cash | 31,655 | 23,921 | 138,322 | -14,014 | 135,561 | 101,110 | 15,818 |
hoop resourcing ltd Credit Report and Business Information
Hoop Resourcing Ltd Competitor Analysis
Perform a competitor analysis for hoop resourcing ltd by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other small companies, companies in CF24 area or any other competitors across 12 key performance metrics.
hoop resourcing ltd Ownership
HOOP RESOURCING LTD group structure
Hoop Resourcing Ltd has no subsidiary companies.
Ultimate parent company
HOOP RESOURCING LTD
10457297
hoop resourcing ltd directors
Hoop Resourcing Ltd currently has 6 directors. The longest serving directors include Mr Hywel Roberts (Nov 2016) and Mr Paul Lewis (Nov 2016).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Hywel Roberts | United Kingdom | 37 years | Nov 2016 | - | Director |
| Mr Paul Lewis | United Kingdom | 40 years | Nov 2016 | - | Director |
| Mrs Luisa Gale | United Kingdom | 39 years | Sep 2024 | - | Director |
| Miss Rhian Smith | United Kingdom | 38 years | Sep 2024 | - | Director |
| Mr Blair Driscoll | United Kingdom | 52 years | Sep 2024 | - | Director |
| Miss Sarah Leigh | United Kingdom | 40 years | Sep 2024 | - | Director |
P&L
August 2023turnover
2.1m
-7%
operating profit
79.9k
0%
gross margin
25.3%
-4.86%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
August 2023net assets
519k
+0.16%
total assets
1m
-0.06%
cash
442.3k
+0.08%
net assets
Total assets minus all liabilities
Similar Companies
hoop resourcing ltd company details
company number
10457297
Type
Private limited with Share Capital
industry
78109 - Activities of employment placement agencies (other than motion picture, television and other theatrical casting) n.e.c.
incorporation date
November 2016
age
8
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
August 2023
previous names
N/A
accountant
-
auditor
-
address
14-18 city road, cardiff, CF24 3DL
Bank
-
Legal Advisor
-
hoop resourcing 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 hoop resourcing ltd.
hoop resourcing ltd Companies House Filings - See Documents
| date | description | view/download |
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