hac catering ltd
hac catering ltd Company Information
Company Number
10637638
Website
-Registered Address
village underground, 54 holywell lane, london, EC2A 3PQ
Industry
Licensed clubs
Event catering activities
Telephone
-
Next Accounts Due
June 2025
Group Structure
View All
Directors
Auro Foxcroft7 Years
Shareholders
hac group ltd 100%
hac catering ltd Estimated Valuation
Pomanda estimates the enterprise value of HAC CATERING LTD at £28.2k based on a Turnover of £48.9k and 0.58x industry multiple (adjusted for size and gross margin).
hac catering ltd Estimated Valuation
Pomanda estimates the enterprise value of HAC CATERING LTD at £0 based on an EBITDA of £-212.1k and a 4.13x industry multiple (adjusted for size and gross margin).
hac catering ltd Estimated Valuation
Pomanda estimates the enterprise value of HAC CATERING LTD at £0 based on Net Assets of £-1.5m and 0.35x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Hac Catering Ltd Overview
Hac Catering Ltd is a live company located in london, EC2A 3PQ with a Companies House number of 10637638. It operates in the event catering activities sector, SIC Code 56210. Founded in February 2017, it's largest shareholder is hac group ltd with a 100% stake. Hac Catering Ltd is a young, micro sized company, Pomanda has estimated its turnover at £48.9k with declining growth in recent years.
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Hac Catering Ltd Health Check
Pomanda's financial health check has awarded Hac Catering Ltd a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 8 areas for improvement. Company Health Check FAQs
2 Strong
2 Regular
8 Weak
Size
annual sales of £48.9k, make it smaller than the average company (£513.1k)
- Hac Catering Ltd
£513.1k - Industry AVG
Growth
3 year (CAGR) sales growth of -2%, show it is growing at a slower rate (6.9%)
- Hac Catering Ltd
6.9% - Industry AVG
Production
with a gross margin of 49.3%, this company has a comparable cost of product (49.3%)
- Hac Catering Ltd
49.3% - Industry AVG
Profitability
an operating margin of -589.7% make it less profitable than the average company (2%)
- Hac Catering Ltd
2% - Industry AVG
Employees
with 2 employees, this is below the industry average (14)
- Hac Catering Ltd
14 - Industry AVG
Pay Structure
on an average salary of £15.8k, the company has an equivalent pay structure (£15.8k)
- Hac Catering Ltd
£15.8k - Industry AVG
Efficiency
resulting in sales per employee of £24.5k, this is less efficient (£49k)
- Hac Catering Ltd
£49k - Industry AVG
Debtor Days
it gets paid by customers after 3 days, this is earlier than average (19 days)
- Hac Catering Ltd
19 days - Industry AVG
Creditor Days
its suppliers are paid after 158 days, this is slower than average (31 days)
- Hac Catering Ltd
31 days - Industry AVG
Stock Days
it holds stock equivalent to 169 days, this is more than average (15 days)
- Hac Catering Ltd
15 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (17 weeks)
0 weeks - Hac Catering Ltd
17 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 211.5%, this is a higher level of debt than the average (79.9%)
211.5% - Hac Catering Ltd
79.9% - Industry AVG
HAC CATERING LTD financials
Hac Catering Ltd's latest turnover from September 2023 is estimated at £48.9 thousand and the company has net assets of -£1.5 million. According to their latest financial statements, we estimate that Hac Catering Ltd has 2 employees and maintains cash reserves of £21.3 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 | |||||||
| 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 | 3 | 3 | 3 | ||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Sep 2023 | Sep 2022 | Sep 2021 | Sep 2020 | Sep 2019 | Sep 2018 | Sep 2017 | |
|---|---|---|---|---|---|---|---|
| Tangible Assets | 1,317,213 | 1,388,699 | 1,422,455 | 1,487,709 | 1,541,246 | 1,070,464 | 0 |
| Intangible Assets | 2,040 | 2,964 | 3,690 | 4,615 | 5,542 | 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 | 1,319,253 | 1,391,663 | 1,426,145 | 1,492,324 | 1,546,788 | 1,070,464 | 0 |
| Stock & work in progress | 11,508 | 9,756 | 1,870 | 1,518 | 6,013 | 0 | 0 |
| Trade Debtors | 525 | 874 | 4,507 | 18 | 0 | 0 | 0 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 11,109 | 1,482 | 5,114 | 12,516 | 9,977 | 5,927 | 100 |
| Cash | 21,266 | 19,809 | 1,358 | 5,796 | 6,078 | 0 | 0 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 44,408 | 31,921 | 12,849 | 19,848 | 22,068 | 5,927 | 100 |
| total assets | 1,363,661 | 1,423,584 | 1,438,994 | 1,512,172 | 1,568,856 | 1,076,391 | 100 |
| Bank overdraft | 15,097 | 13,814 | 11,726 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 10,782 | 57 | 15,288 | 15,939 | 19,296 | 7,079 | 0 |
| Group/Directors Accounts | 2,785,203 | 2,558,955 | 2,231,949 | 2,139,968 | 2,014,272 | 1,175,032 | 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 | 41,696 | 37,321 | 60,131 | 84,202 | 74,820 | 5,000 | 0 |
| total current liabilities | 2,852,778 | 2,610,147 | 2,319,094 | 2,240,109 | 2,108,388 | 1,187,111 | 0 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 30,992 | 44,598 | 58,412 | 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 | 30,992 | 44,598 | 58,412 | 0 | 0 | 0 | 0 |
| total liabilities | 2,883,770 | 2,654,745 | 2,377,506 | 2,240,109 | 2,108,388 | 1,187,111 | 0 |
| net assets | -1,520,109 | -1,231,161 | -938,512 | -727,937 | -539,532 | -110,720 | 100 |
| total shareholders funds | -1,520,109 | -1,231,161 | -938,512 | -727,937 | -539,532 | -110,720 | 100 |
| Sep 2023 | Sep 2022 | Sep 2021 | Sep 2020 | Sep 2019 | Sep 2018 | Sep 2017 | |
|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||
| Operating Profit | |||||||
| Depreciation | 75,330 | 74,458 | 65,123 | 42,424 | |||
| Amortisation | 924 | 726 | 927 | 420 | |||
| Tax | |||||||
| Stock | 1,752 | 7,886 | 352 | -4,495 | 6,013 | 0 | 0 |
| Debtors | 9,278 | -7,265 | -2,913 | 2,557 | 4,050 | 5,827 | 100 |
| Creditors | 10,725 | -15,231 | -651 | -3,357 | 12,217 | 7,079 | 0 |
| Accruals and Deferred Income | 4,375 | -22,810 | -24,071 | 9,382 | 69,820 | 5,000 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 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 | 226,248 | 327,006 | 91,981 | 125,696 | 839,240 | 1,175,032 | 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 | -13,606 | -13,814 | 58,412 | 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 | 1,457 | 18,451 | -4,438 | -282 | 6,078 | 0 | 0 |
| overdraft | 1,283 | 2,088 | 11,726 | 0 | 0 | 0 | 0 |
| change in cash | 174 | 16,363 | -16,164 | -282 | 6,078 | 0 | 0 |
hac catering ltd Credit Report and Business Information
Hac Catering Ltd Competitor Analysis
Perform a competitor analysis for hac catering ltd by selecting its closest rivals, whether from the ACCOMMODATION AND FOOD SERVICE ACTIVITIES sector, other micro companies, companies in EC2A area or any other competitors across 12 key performance metrics.
hac catering ltd Ownership
HAC CATERING LTD group structure
Hac Catering Ltd has no subsidiary companies.
Ultimate parent company
2 parents
HAC CATERING LTD
10637638
hac catering ltd directors
Hac Catering Ltd currently has 1 director, Mr Auro Foxcroft serving since Feb 2017.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Auro Foxcroft | England | 46 years | Feb 2017 | - | Director |
P&L
September 2023turnover
48.9k
+137%
operating profit
-288.4k
0%
gross margin
49.3%
+3.88%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
September 2023net assets
-1.5m
+0.23%
total assets
1.4m
-0.04%
cash
21.3k
+0.07%
net assets
Total assets minus all liabilities
Similar Companies
hac catering ltd company details
company number
10637638
Type
Private limited with Share Capital
industry
56301 - Licensed clubs
56210 - Event catering activities
incorporation date
February 2017
age
7
incorporated
UK
accounts
Small Company
ultimate parent company
previous names
N/A
last accounts submitted
September 2023
address
village underground, 54 holywell lane, london, EC2A 3PQ
accountant
BREBNERS
auditor
-
hac catering 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 hac catering ltd.
hac catering ltd Companies House Filings - See Documents
| date | description | view/download |
|---|
