Pomanda estimates the enterprise value of HARIXON DEVELOPMENTS MIDLANDS LIMITED at £807.1k based on a Turnover of £409.7k and 1.97x industry multiple (adjusted for size and gross margin).
Pomanda estimates the enterprise value of HARIXON DEVELOPMENTS MIDLANDS LIMITED at £0 based on an EBITDA of £-489 and a 4.24x industry multiple (adjusted for size and gross margin).
Pomanda estimates the enterprise value of HARIXON DEVELOPMENTS MIDLANDS LIMITED at £0 based on Net Assets of £-20.4k and 1.51x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Harixon Developments Midlands LimitedOverview
Harixon Developments Midlands Limited is a live company located in stafford, ST16 2EX with a Companies House number of 10637875. It operates in the buying and selling of own real estate sector, SIC Code 68100. Founded in February 2017, it's largest shareholder is
william harp
with a 100% stake. Harixon Developments Midlands Limited is a young,
micro sized company, Pomanda has estimated its turnover at
£409.7k with
rapid
growth in recent years.
Harixon Developments Midlands Limited Health Check
Pomanda's financial health check has awarded Harixon Developments Midlands Limited a 2.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 6 areas for improvement. Company Health Check FAQs
Health Rating2.5out of 5
3 Strong
1 Regular
6 Weak
Size
annual sales of £409.7k, make it smaller than the average company (£785k)
£409.7k - Harixon Developments Midlands Limited
£785k - Industry AVG
Growth
3 year (CAGR) sales growth of 83%, show it is growing at a faster rate (3.4%)
83% - Harixon Developments Midlands Limited
3.4% - Industry AVG
Production
with a gross margin of 27.4%, this company has a higher cost of product (70.3%)
27.4% - Harixon Developments Midlands Limited
70.3% - Industry AVG
Profitability
an operating margin of -0.1% make it less profitable than the average company (29.3%)
-0.1% - Harixon Developments Midlands Limited
29.3% - Industry AVG
Employees
with 1 employees, this is below the industry average (4)
1 - Harixon Developments Midlands Limited
4 - Industry AVG
Pay Structure
on an average salary of £39.6k, the company has an equivalent pay structure (£39.6k)
£39.6k - Harixon Developments Midlands Limited
£39.6k - Industry AVG
Efficiency
resulting in sales per employee of £409.7k, this is more efficient (£184k)
£409.7k - Harixon Developments Midlands Limited
£184k - Industry AVG
Debtor Days
it gets paid by customers after 89 days, this is later than average (24 days)
89 days - Harixon Developments Midlands Limited
24 days - Industry AVG
Creditor Days
its suppliers are paid after 516 days, this is slower than average (32 days)
516 days - Harixon Developments Midlands Limited
32 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Harixon Developments Midlands Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Harixon Developments Midlands Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 105.1%, this is a higher level of debt than the average (65.4%)
105.1% - Harixon Developments Midlands Limited
65.4% - Industry AVG
HARIXON DEVELOPMENTS MIDLANDS LIMITED financials
EXPORT
Harixon Developments Midlands Limited's latest turnover from July 2024 is estimated at £409.7 thousand and the company has net assets of -£20.4 thousand. According to their latest financial statements, Harixon Developments Midlands Limited has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Jul 2024
Jul 2023
Jul 2022
Jul 2021
Feb 2020
Feb 2019
Feb 2018
Turnover
409,728
398,110
66,926
66,574
31,222
6,785
6,275
Other Income Or Grants
Cost Of Sales
297,403
289,321
48,808
50,141
24,477
5,016
4,706
Gross Profit
112,325
108,789
18,118
16,433
6,746
1,770
1,568
Admin Expenses
112,814
108,840
16,962
17,943
7,414
3,374
20,939
Operating Profit
-489
-51
1,156
-1,510
-668
-1,604
-19,371
Interest Payable
Interest Receivable
50
157
14
49
1,264
821
Pre-Tax Profit
-489
-1
1,314
-1,496
-619
-340
-18,550
Tax
-250
Profit After Tax
-489
-1
1,064
-1,496
-619
-340
-18,550
Dividends Paid
Retained Profit
-489
-1
1,064
-1,496
-619
-340
-18,550
Employee Costs
39,627
34,933
36,789
35,813
39,930
39,119
35,390
Number Of Employees
1
1
1
1
1
1
1
EBITDA*
-489
-51
1,156
-1,510
-668
-1,604
-19,371
* Earnings Before Interest, Tax, Depreciation and Amortisation
Jul 2024
Jul 2023
Jul 2022
Jul 2021
Feb 2020
Feb 2019
Feb 2018
Tangible Assets
Intangible Assets
Investments & Other
300,000
300,000
Debtors (Due After 1 year)
Total Fixed Assets
300,000
300,000
Stock & work in progress
Trade Debtors
100,538
100,589
1,310
1,225
1,150
Group Debtors
Misc Debtors
100,000
Cash
1,991
23,160
4,516
8,460
328,475
misc current assets
total current assets
100,538
100,589
101,991
23,160
5,826
9,685
329,625
total assets
400,538
400,589
101,991
23,160
5,826
9,685
329,625
Bank overdraft
Bank loan
Trade Creditors
420,969
420,531
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
121,931
44,164
25,334
28,574
348,174
total current liabilities
420,969
420,531
121,931
44,164
25,334
28,574
348,174
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
total long term liabilities
total liabilities
420,969
420,531
121,931
44,164
25,334
28,574
348,174
net assets
-20,431
-19,942
-19,940
-21,004
-19,508
-18,889
-18,549
total shareholders funds
-20,431
-19,942
-19,940
-21,004
-19,508
-18,889
-18,549
Jul 2024
Jul 2023
Jul 2022
Jul 2021
Feb 2020
Feb 2019
Feb 2018
Operating Activities
Operating Profit
-489
-51
1,156
-1,510
-668
-1,604
-19,371
Depreciation
Amortisation
Tax
-250
Stock
Debtors
-51
589
100,000
-1,310
85
75
1,150
Creditors
438
420,531
Accruals and Deferred Income
-121,931
77,767
18,830
-3,240
-319,600
348,174
Deferred Taxes & Provisions
Cash flow from operations
297,960
-21,327
18,630
-3,993
-321,279
327,653
Investing Activities
capital expenditure
Change in Investments
300,000
cash flow from investments
-300,000
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
share issue
-1
1
interest
50
157
14
49
1,264
821
cash flow from financing
49
157
14
49
1,264
822
cash and cash equivalents
cash
-1,991
-21,169
18,644
-3,944
-320,015
328,475
overdraft
change in cash
-1,991
-21,169
18,644
-3,944
-320,015
328,475
harixon developments midlands limited 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 harixon developments midlands limited. Get real-time insights into harixon developments midlands limited's credit score, group structure and payment trends.
Perform a competitor analysis for harixon developments midlands limited by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other micro companies, companies in ST16 area or any other competitors across 12 key performance metrics.
harixon developments midlands limited Ownership
HARIXON DEVELOPMENTS MIDLANDS LIMITED group structure
Harixon Developments Midlands Limited has no subsidiary companies.
The sole shareholder of Harixon Developments Midlands Limited is William Harp.
william harp
100%
harixon developments midlands limited directors
Harixon Developments Midlands Limited currently has 2 directors.
The longest serving directors include
Mr William Harp (Feb 2017) and
Mr William Harp (Feb 2017).
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 harixon developments midlands limited.
harixon developments midlands limited 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.
Click to start generating capital raising & share issue transactions for HARIXON DEVELOPMENTS MIDLANDS LIMITED. This can take several minutes, an email will notify you when this has completed.
harixon developments midlands limitedCompanies House Filings - See Documents
