hong yun limited Company Information
Company Number
10824925
Website
www.hongyunxi.comRegistered Address
3 the strand, barnstaple, devon, EX31 1EU
Industry
Licensed restaurants
Telephone
01452302868
Next Accounts Due
March 2025
Group Structure
View All
Directors
Xue Liu7 Years
Shareholders
xue fang liu 100%
hong yun limited Estimated Valuation
Pomanda estimates the enterprise value of HONG YUN LIMITED at £110.6k based on a Turnover of £221.7k and 0.5x industry multiple (adjusted for size and gross margin).
hong yun limited Estimated Valuation
Pomanda estimates the enterprise value of HONG YUN LIMITED at £0 based on an EBITDA of £-2.9k and a 3.76x industry multiple (adjusted for size and gross margin).
hong yun limited Estimated Valuation
Pomanda estimates the enterprise value of HONG YUN LIMITED at £35.1k based on Net Assets of £11.5k and 3.06x industry multiple (adjusted for liquidity).
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Hong Yun Limited Overview
Hong Yun Limited is a live company located in devon, EX31 1EU with a Companies House number of 10824925. It operates in the licenced restaurants sector, SIC Code 56101. Founded in June 2017, it's largest shareholder is xue fang liu with a 100% stake. Hong Yun Limited is a young, micro sized company, Pomanda has estimated its turnover at £221.7k with high growth in recent years.
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Hong Yun Limited Health Check
Pomanda's financial health check has awarded Hong Yun Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 5 areas for improvement. Company Health Check FAQs
2 Strong
3 Regular
5 Weak
Size
annual sales of £221.7k, make it smaller than the average company (£2.5m)
- Hong Yun Limited
£2.5m - Industry AVG
Growth
3 year (CAGR) sales growth of 26%, show it is growing at a faster rate (5.2%)
- Hong Yun Limited
5.2% - Industry AVG
Production
with a gross margin of 33.5%, this company has a higher cost of product (52.7%)
- Hong Yun Limited
52.7% - Industry AVG
Profitability
an operating margin of -1.3% make it less profitable than the average company (2.3%)
- Hong Yun Limited
2.3% - Industry AVG
Employees
with 5 employees, this is below the industry average (46)
5 - Hong Yun Limited
46 - Industry AVG
Pay Structure
on an average salary of £19.2k, the company has an equivalent pay structure (£19.2k)
- Hong Yun Limited
£19.2k - Industry AVG
Efficiency
resulting in sales per employee of £44.3k, this is equally as efficient (£51.7k)
- Hong Yun Limited
£51.7k - Industry AVG
Debtor Days
it gets paid by customers after 33 days, this is later than average (6 days)
- Hong Yun Limited
6 days - Industry AVG
Creditor Days
its suppliers are paid after 46 days, this is close to average (48 days)
- Hong Yun Limited
48 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Hong Yun Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Hong Yun Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 63.8%, this is a lower level of debt than the average (87.6%)
63.8% - Hong Yun Limited
87.6% - Industry AVG
HONG YUN LIMITED financials
Hong Yun Limited's latest turnover from June 2023 is estimated at £221.7 thousand and the company has net assets of £11.5 thousand. According to their latest financial statements, Hong Yun Limited has 5 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Jun 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 | 5 | 4 | 4 | 3 | 5 | 5 |
EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Jun 2018 | |
---|---|---|---|---|---|---|
Tangible Assets | 10,672 | 12,229 | 12,350 | 13,175 | 15,123 | 17,152 |
Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 |
Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 |
Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 |
Total Fixed Assets | 10,672 | 12,229 | 12,350 | 13,175 | 15,123 | 17,152 |
Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 |
Trade Debtors | 20,562 | 23,546 | 20,085 | 11,048 | 13,766 | 7,445 |
Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 |
Misc Debtors | 466 | 407 | 425 | 570 | 1,250 | 0 |
Cash | 0 | 0 | 0 | 0 | 0 | 0 |
misc current assets | 0 | 0 | 0 | 0 | 0 | 1,681 |
total current assets | 21,028 | 23,953 | 20,510 | 11,618 | 15,016 | 9,126 |
total assets | 31,700 | 36,182 | 32,860 | 24,793 | 30,139 | 26,278 |
Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 |
Bank loan | 0 | 0 | 0 | 0 | 0 | 0 |
Trade Creditors | 18,636 | 20,490 | 20,445 | 19,864 | 14,840 | 24,267 |
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 | 18,636 | 20,490 | 20,445 | 19,864 | 14,840 | 24,267 |
loans | 0 | 0 | 0 | 0 | 0 | 0 |
hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 |
Accruals and Deferred Income | 724 | 463 | 356 | 416 | 374 | 327 |
other liabilities | 0 | 0 | 0 | 0 | 0 | 0 |
provisions | 864 | 875 | 613 | 484 | 570 | 670 |
total long term liabilities | 1,588 | 1,338 | 969 | 900 | 944 | 997 |
total liabilities | 20,224 | 21,828 | 21,414 | 20,764 | 15,784 | 25,264 |
net assets | 11,476 | 14,354 | 11,446 | 4,029 | 14,355 | 1,014 |
total shareholders funds | 11,476 | 14,354 | 11,446 | 4,029 | 14,355 | 1,014 |
Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Jun 2018 | |
---|---|---|---|---|---|---|
Operating Activities | ||||||
Operating Profit | ||||||
Depreciation | ||||||
Amortisation | ||||||
Tax | ||||||
Stock | 0 | 0 | 0 | 0 | 0 | 0 |
Debtors | -2,925 | 3,443 | 8,892 | -3,398 | 7,571 | 7,445 |
Creditors | -1,854 | 45 | 581 | 5,024 | -9,427 | 24,267 |
Accruals and Deferred Income | 261 | 107 | -60 | 42 | 47 | 327 |
Deferred Taxes & Provisions | -11 | 262 | 129 | -86 | -100 | 670 |
Cash flow from operations | ||||||
Investing Activities | ||||||
capital expenditure | ||||||
Change in Investments | 0 | 0 | 0 | 0 | 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 | 0 | 0 | 0 | 0 | 0 | 0 |
share issue | ||||||
interest | ||||||
cash flow from financing | ||||||
cash and cash equivalents | ||||||
cash | 0 | 0 | 0 | 0 | 0 | 0 |
overdraft | 0 | 0 | 0 | 0 | 0 | 0 |
change in cash | 0 | 0 | 0 | 0 | 0 | 0 |
hong yun limited Credit Report and Business Information
Hong Yun Limited Competitor Analysis
Perform a competitor analysis for hong yun limited by selecting its closest rivals, whether from the ACCOMMODATION AND FOOD SERVICE ACTIVITIES sector, other micro companies, companies in EX31 area or any other competitors across 12 key performance metrics.
hong yun limited Ownership
HONG YUN LIMITED group structure
Hong Yun Limited has no subsidiary companies.
Ultimate parent company
HONG YUN LIMITED
10824925
hong yun limited directors
Hong Yun Limited currently has 1 director, Ms Xue Liu serving since Jun 2017.
officer | country | age | start | end | role |
---|---|---|---|---|---|
Ms Xue Liu | United Kingdom | 45 years | Jun 2017 | - | Director |
P&L
June 2023turnover
221.7k
+48%
operating profit
-2.9k
0%
gross margin
33.6%
+1.09%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
June 2023net assets
11.5k
-0.2%
total assets
31.7k
-0.12%
cash
0
0%
net assets
Total assets minus all liabilities
hong yun limited company details
company number
10824925
Type
Private limited with Share Capital
industry
56101 - Licensed restaurants
incorporation date
June 2017
age
7
incorporated
UK
accounts
Micro-Entity Accounts
ultimate parent company
previous names
N/A
last accounts submitted
June 2023
address
3 the strand, barnstaple, devon, EX31 1EU
accountant
-
auditor
-
hong yun 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 did not find charges/mortgages relating to hong yun limited.
hong yun limited Companies House Filings - See Documents
date | description | view/download |
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