happity ltd
happity ltd Company Information
Company Number
10512930
Next Accounts
Feb 2025
Industry
Other business support service activities n.e.c.
Shareholders
athena venture capital limited
sara tateno
View AllGroup Structure
View All
Contact
Registered Address
85 great portland street, london, W1W 7LT
Website
www.happity.co.ukhappity ltd Estimated Valuation
Pomanda estimates the enterprise value of HAPPITY LTD at £360.3k based on a Turnover of £671.6k and 0.54x industry multiple (adjusted for size and gross margin).
happity ltd Estimated Valuation
Pomanda estimates the enterprise value of HAPPITY LTD at £0 based on an EBITDA of £-346.2k and a 3.95x industry multiple (adjusted for size and gross margin).
happity ltd Estimated Valuation
Pomanda estimates the enterprise value of HAPPITY LTD at £476.1k based on Net Assets of £202.7k and 2.35x industry multiple (adjusted for liquidity).
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Happity Ltd Overview
Happity Ltd is a live company located in london, W1W 7LT with a Companies House number of 10512930. It operates in the other business support service activities n.e.c. sector, SIC Code 82990. Founded in December 2016, it's largest shareholder is athena venture capital limited with a 17.9% stake. Happity Ltd is a young, small sized company, Pomanda has estimated its turnover at £671.6k with rapid growth in recent years.
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Happity Ltd Health Check
Pomanda's financial health check has awarded Happity Ltd a 4 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 5 areas for improvement. Company Health Check FAQs
4 Strong
2 Regular
5 Weak
Size
annual sales of £671.6k, make it smaller than the average company (£3.7m)
- Happity Ltd
£3.7m - Industry AVG
Growth
3 year (CAGR) sales growth of 47%, show it is growing at a faster rate (4.5%)
- Happity Ltd
4.5% - Industry AVG
Production
with a gross margin of 38.2%, this company has a comparable cost of product (38.2%)
- Happity Ltd
38.2% - Industry AVG
Profitability
an operating margin of -56.3% make it less profitable than the average company (6.3%)
- Happity Ltd
6.3% - Industry AVG
Employees
with 12 employees, this is below the industry average (23)
12 - Happity Ltd
23 - Industry AVG
Pay Structure
on an average salary of £48.2k, the company has an equivalent pay structure (£48.2k)
- Happity Ltd
£48.2k - Industry AVG
Efficiency
resulting in sales per employee of £56k, this is less efficient (£152.9k)
- Happity Ltd
£152.9k - Industry AVG
Debtor Days
it gets paid by customers after 7 days, this is earlier than average (41 days)
- Happity Ltd
41 days - Industry AVG
Creditor Days
its suppliers are paid after 25 days, this is quicker than average (33 days)
- Happity Ltd
33 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Happity Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 414 weeks, this is more cash available to meet short term requirements (24 weeks)
414 weeks - Happity Ltd
24 weeks - 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 (62.3%)
46.6% - Happity Ltd
62.3% - Industry AVG
HAPPITY LTD financials
Happity Ltd's latest turnover from May 2023 is estimated at £671.6 thousand and the company has net assets of £202.7 thousand. According to their latest financial statements, Happity Ltd has 12 employees and maintains cash reserves of £231.6 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| May 2023 | May 2022 | May 2021 | May 2020 | May 2019 | May 2018 | |
|---|---|---|---|---|---|---|
| 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 | 12 | 13 | 4 | 3 | 2 | 3 |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| May 2023 | May 2022 | May 2021 | May 2020 | May 2019 | May 2018 | |
|---|---|---|---|---|---|---|
| Tangible Assets | 2,221 | 808 | 1,129 | 251 | 248 | 673 |
| Intangible Assets | 132,000 | 51,267 | 46,821 | 38,433 | 53,513 | 45,529 |
| Investments & Other | 100 | 100 | 100 | 100 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 134,321 | 52,175 | 48,050 | 38,784 | 53,761 | 46,202 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 13,556 | 9,785 | 0 | 0 | 0 | 12,581 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 231,573 | 53,566 | 8,411 | 2,426 | 4,357 | 33,581 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 245,129 | 63,351 | 8,411 | 2,426 | 4,357 | 46,162 |
| total assets | 379,450 | 115,526 | 56,461 | 41,210 | 58,118 | 92,364 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 29,055 | 43,166 | 7,534 | 792 | 29,588 | 15,601 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 0 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 29,055 | 43,166 | 7,534 | 792 | 29,588 | 15,601 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 147,708 | 134,481 | 125,311 | 84,391 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 147,708 | 134,481 | 125,311 | 84,391 | 0 | 0 |
| total liabilities | 176,763 | 177,647 | 132,845 | 85,183 | 29,588 | 15,601 |
| net assets | 202,687 | -62,121 | -76,384 | -43,973 | 28,530 | 76,763 |
| total shareholders funds | 202,687 | -62,121 | -76,384 | -43,973 | 28,530 | 76,763 |
| May 2023 | May 2022 | May 2021 | May 2020 | May 2019 | May 2018 | |
|---|---|---|---|---|---|---|
| Operating Activities | ||||||
| Operating Profit | ||||||
| Depreciation | 616 | 509 | 375 | 414 | 425 | 602 |
| Amortisation | 31,318 | 21,757 | 23,557 | 15,435 | 15,364 | 7,942 |
| Tax | ||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 3,771 | 9,785 | 0 | 0 | -12,581 | 12,581 |
| Creditors | -14,111 | 35,632 | 6,742 | -28,796 | 13,987 | 15,601 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | ||||||
| Investing Activities | ||||||
| capital expenditure | ||||||
| Change in Investments | 0 | 0 | 0 | 100 | 0 | 0 |
| cash flow from investments | ||||||
| Financing Activities | ||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 13,227 | 9,170 | 40,920 | 84,391 | 0 | 0 |
| share issue | ||||||
| interest | ||||||
| cash flow from financing | ||||||
| cash and cash equivalents | ||||||
| cash | 178,007 | 45,155 | 5,985 | -1,931 | -29,224 | 33,581 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 178,007 | 45,155 | 5,985 | -1,931 | -29,224 | 33,581 |
happity ltd Credit Report and Business Information
Happity Ltd Competitor Analysis
Perform a competitor analysis for happity ltd by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other small companies, companies in W1W area or any other competitors across 12 key performance metrics.
happity ltd Ownership
HAPPITY LTD group structure
Happity Ltd has no subsidiary companies.
Ultimate parent company
HAPPITY LTD
10512930
happity ltd directors
Happity Ltd currently has 2 directors. The longest serving directors include Mrs Sara Tateno (Dec 2016) and Mrs Emily Tredget (Dec 2019).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mrs Sara Tateno | England | 41 years | Dec 2016 | - | Director |
| Mrs Emily Tredget | England | 37 years | Dec 2019 | - | Director |
P&L
May 2023turnover
671.6k
+1%
operating profit
-378.1k
0%
gross margin
38.2%
-0.03%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
May 2023net assets
202.7k
-4.26%
total assets
379.5k
+2.28%
cash
231.6k
+3.32%
net assets
Total assets minus all liabilities
Similar Companies
happity ltd company details
company number
10512930
Type
Private limited with Share Capital
industry
82990 - Other business support service activities n.e.c.
incorporation date
December 2016
age
8
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
May 2023
previous names
N/A
accountant
KFH ACCOUNTING LTD
auditor
-
address
85 great portland street, london, W1W 7LT
Bank
-
Legal Advisor
-
happity 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 happity ltd.
happity 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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happity ltd Companies House Filings - See Documents
| date | description | view/download |
|---|
