hoare developments ltd
hoare developments ltd Company Information
Company Number
10939159
Website
www.hoaredevelopments.co.ukRegistered Address
175 christchurch road, west parley, ferndown, BH22 8SZ
Industry
Specialised construction activities (other than scaffold erection) n.e.c.
Telephone
447581026245
Next Accounts Due
May 2025
Group Structure
View All
Directors
Luke Hoare7 Years
Shareholders
luke john phillip hoare 50%
neile danielle hoare 50%
hoare developments ltd Estimated Valuation
Pomanda estimates the enterprise value of HOARE DEVELOPMENTS LTD at £70.8k based on a Turnover of £216.4k and 0.33x industry multiple (adjusted for size and gross margin).
hoare developments ltd Estimated Valuation
Pomanda estimates the enterprise value of HOARE DEVELOPMENTS LTD at £3.9k based on an EBITDA of £1.2k and a 3.34x industry multiple (adjusted for size and gross margin).
hoare developments ltd Estimated Valuation
Pomanda estimates the enterprise value of HOARE DEVELOPMENTS LTD at £206 based on Net Assets of £100 and 2.07x industry multiple (adjusted for liquidity).
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Hoare Developments Ltd Overview
Hoare Developments Ltd is a live company located in ferndown, BH22 8SZ with a Companies House number of 10939159. It operates in the other specialised construction activities n.e.c. sector, SIC Code 43999. Founded in August 2017, it's largest shareholder is luke john phillip hoare with a 50% stake. Hoare Developments Ltd is a young, micro sized company, Pomanda has estimated its turnover at £216.4k with declining growth in recent years.
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Hoare Developments Ltd Health Check
Pomanda's financial health check has awarded Hoare Developments Ltd a 1 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 7 areas for improvement. Company Health Check FAQs
1 Strong
2 Regular
7 Weak
Size
annual sales of £216.4k, make it smaller than the average company (£6.2m)
- Hoare Developments Ltd
£6.2m - Industry AVG
Growth
3 year (CAGR) sales growth of -1%, show it is growing at a slower rate (7.9%)
- Hoare Developments Ltd
7.9% - Industry AVG
Production
with a gross margin of 13.4%, this company has a higher cost of product (23.1%)
- Hoare Developments Ltd
23.1% - Industry AVG
Profitability
an operating margin of 0.5% make it less profitable than the average company (5.8%)
- Hoare Developments Ltd
5.8% - Industry AVG
Employees
with 4 employees, this is below the industry average (30)
4 - Hoare Developments Ltd
30 - Industry AVG
Pay Structure
on an average salary of £46.1k, the company has an equivalent pay structure (£46.1k)
- Hoare Developments Ltd
£46.1k - Industry AVG
Efficiency
resulting in sales per employee of £54.1k, this is less efficient (£188.4k)
- Hoare Developments Ltd
£188.4k - Industry AVG
Debtor Days
it gets paid by customers after 62 days, this is near the average (58 days)
- Hoare Developments Ltd
58 days - Industry AVG
Creditor Days
its suppliers are paid after 72 days, this is slower than average (39 days)
- Hoare Developments Ltd
39 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Hoare Developments Ltd
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Hoare Developments Ltd
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 99.8%, this is a higher level of debt than the average (62.1%)
99.8% - Hoare Developments Ltd
62.1% - Industry AVG
HOARE DEVELOPMENTS LTD financials
Hoare Developments Ltd's latest turnover from August 2023 is estimated at £216.4 thousand and the company has net assets of £100. According to their latest financial statements, Hoare Developments Ltd has 4 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Aug 2023 | Aug 2022 | Aug 2021 | Aug 2020 | Aug 2019 | Aug 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 | 4 | 4 | 4 | 3 | 1 | 3 |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Aug 2023 | Aug 2022 | Aug 2021 | Aug 2020 | Aug 2019 | Aug 2018 | |
|---|---|---|---|---|---|---|
| Tangible Assets | 16,845 | 22,460 | 11,581 | 11,310 | 15,079 | 5,625 |
| 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 | 16,845 | 22,460 | 11,581 | 11,310 | 15,079 | 5,625 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 37,269 | 46,084 | 71,541 | 48,294 | 7,876 | 686 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 3,589 | 0 | 0 | 0 | 0 | 0 |
| Cash | 0 | 0 | 0 | 0 | 0 | 0 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 40,858 | 46,084 | 71,541 | 48,294 | 7,876 | 686 |
| total assets | 57,703 | 68,544 | 83,122 | 59,604 | 22,955 | 6,311 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 37,066 | 41,764 | 41,495 | 46,336 | 59,631 | 52,954 |
| 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 | 37,066 | 41,764 | 41,495 | 46,336 | 59,631 | 52,954 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 1,820 | 1,000 | 1,100 | 850 | 850 | 0 |
| other liabilities | 18,717 | 26,555 | 19,000 | 20,000 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 20,537 | 27,555 | 20,100 | 20,850 | 850 | 0 |
| total liabilities | 57,603 | 69,319 | 61,595 | 67,186 | 60,481 | 52,954 |
| net assets | 100 | -775 | 21,527 | -7,582 | -37,526 | -46,643 |
| total shareholders funds | 100 | -775 | 21,527 | -7,582 | -37,526 | -46,643 |
| Aug 2023 | Aug 2022 | Aug 2021 | Aug 2020 | Aug 2019 | Aug 2018 | |
|---|---|---|---|---|---|---|
| Operating Activities | ||||||
| Operating Profit | ||||||
| Depreciation | ||||||
| Amortisation | ||||||
| Tax | ||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | -5,226 | -25,457 | 23,247 | 40,418 | 7,190 | 686 |
| Creditors | -4,698 | 269 | -4,841 | -13,295 | 6,677 | 52,954 |
| Accruals and Deferred Income | 820 | -100 | 250 | 0 | 850 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 |
| 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 | -7,838 | 7,555 | -1,000 | 20,000 | 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 |
hoare developments ltd Credit Report and Business Information
Hoare Developments Ltd Competitor Analysis
Perform a competitor analysis for hoare developments ltd by selecting its closest rivals, whether from the CONSTRUCTION sector, other micro companies, companies in BH22 area or any other competitors across 12 key performance metrics.
hoare developments ltd Ownership
HOARE DEVELOPMENTS LTD group structure
Hoare Developments Ltd has no subsidiary companies.
Ultimate parent company
HOARE DEVELOPMENTS LTD
10939159
hoare developments ltd directors
Hoare Developments Ltd currently has 1 director, Mr Luke Hoare serving since Aug 2017.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Luke Hoare | United Kingdom | 35 years | Aug 2017 | - | Director |
P&L
August 2023turnover
216.4k
-7%
operating profit
1.2k
0%
gross margin
13.4%
+1.35%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
August 2023net assets
100
-1.13%
total assets
57.7k
-0.16%
cash
0
0%
net assets
Total assets minus all liabilities
hoare developments ltd company details
company number
10939159
Type
Private limited with Share Capital
industry
43999 - Specialised construction activities (other than scaffold erection) n.e.c.
incorporation date
August 2017
age
7
incorporated
UK
accounts
Micro-Entity Accounts
ultimate parent company
previous names
universal building services ltd (April 2019)
last accounts submitted
August 2023
address
175 christchurch road, west parley, ferndown, BH22 8SZ
accountant
ARTEMA LTD
auditor
-
hoare developments 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 found 2 charges/mortgages relating to hoare developments ltd. Currently there are 2 open charges and 0 have been satisfied in the past.
hoare developments ltd Companies House Filings - See Documents
| date | description | view/download |
|---|
