hovik limited

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hovik limited Company Information

Share HOVIK LIMITED

Company Number

11108710

Directors

Hovik Avejan

Shareholders

hovik avejan

mrs armenuhi avejan

Group Structure

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Industry

Activities of other holding companies (not including agricultural, production, construction, distribution and financial services holding companies) n.e.c.

 

Registered Address

112 princes gardens, london, W3 0LJ

hovik limited Estimated Valuation

£377

Pomanda estimates the enterprise value of HOVIK LIMITED at £377 based on a Turnover of £444 and 0.85x industry multiple (adjusted for size and gross margin).

hovik limited Estimated Valuation

£0

Pomanda estimates the enterprise value of HOVIK LIMITED at £0 based on an EBITDA of £0 and a 3.55x industry multiple (adjusted for size and gross margin).

hovik limited Estimated Valuation

£130

Pomanda estimates the enterprise value of HOVIK LIMITED at £130 based on Net Assets of £100 and 1.31x industry multiple (adjusted for liquidity).

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Hovik Limited Overview

Hovik Limited is a live company located in london, W3 0LJ with a Companies House number of 11108710. It operates in the activities of other holding companies n.e.c. sector, SIC Code 64209. Founded in December 2017, it's largest shareholder is hovik avejan with a 50% stake. Hovik Limited is a young, micro sized company, Pomanda has estimated its turnover at £444.6 with low growth in recent years.

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Hovik Limited Health Check

Pomanda's financial health check has awarded Hovik Limited a 2 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 6 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating2out of 5
positive_score

2 Strong

positive_score

1 Regular

positive_score

6 Weak

size

Size

annual sales of £444.6, make it smaller than the average company (£19.1m)

£444.6 - Hovik Limited

£19.1m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 2%, show it is growing at a slower rate (11.7%)

2% - Hovik Limited

11.7% - Industry AVG

production

Production

with a gross margin of 20.9%, this company has a higher cost of product (34.8%)

20.9% - Hovik Limited

34.8% - Industry AVG

profitability

Profitability

There is insufficient data available for this Key Performance Indicator!

- - Hovik Limited

- - Industry AVG

employees

Employees

with 1 employees, this is below the industry average (105)

1 - Hovik Limited

105 - Industry AVG

paystructure

Pay Structure

on an average salary of £44.5k, the company has an equivalent pay structure (£44.5k)

£44.5k - Hovik Limited

£44.5k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £444.6, this is less efficient (£190.7k)

£444.6 - Hovik Limited

£190.7k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 82 days, this is later than average (45 days)

82 days - Hovik Limited

45 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 105 days, this is slower than average (43 days)

105 days - Hovik Limited

43 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Hovik Limited

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - Hovik Limited

- - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 50.5%, this is a lower level of debt than the average (68.7%)

50.5% - Hovik Limited

68.7% - Industry AVG

HOVIK LIMITED financials

EXPORTms excel logo

Hovik Limited's latest turnover from March 2024 is estimated at £445 and the company has net assets of £100. According to their latest financial statements, we estimate that Hovik Limited has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019
Turnover445417403416422277
Other Income Or Grants
Cost Of Sales351331321337338223
Gross Profit938682798454
Admin Expenses9386827984-69
Operating Profit123
Interest Payable
Interest Receivable
Pre-Tax Profit123
Tax-23
Profit After Tax100
Dividends Paid
Retained Profit100
Employee Costs44,52741,64739,07237,38536,79836,052
Number Of Employees111111
EBITDA*123

* Earnings Before Interest, Tax, Depreciation and Amortisation

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019
Tangible Assets1021021021021022
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets1021021021021022
Stock & work in progress
Trade Debtors100100100100100100
Group Debtors
Misc Debtors
Cash
misc current assets
total current assets100100100100100100
total assets202202202202202102
Bank overdraft
Bank loan
Trade Creditors 1021021021021022
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
total current liabilities1021021021021022
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
total long term liabilities
total liabilities1021021021021022
net assets100100100100100100
total shareholders funds100100100100100100
Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019
Operating Activities
Operating Profit123
Depreciation
Amortisation
Tax-23
Stock
Debtors100
Creditors1002
Accruals and Deferred Income
Deferred Taxes & Provisions
Cash flow from operations1002
Investing Activities
capital expenditure-100-2
Change in Investments
cash flow from investments-100-2
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
interest
cash flow from financing
cash and cash equivalents
cash
overdraft
change in cash

hovik limited Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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Hovik Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for hovik limited by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other micro companies, companies in W 3 area or any other competitors across 12 key performance metrics.

hovik limited Ownership

HOVIK LIMITED group structure

Hovik Limited has no subsidiary companies.

Ultimate parent company

HOVIK LIMITED

11108710

HOVIK LIMITED Shareholders

hovik avejan 50%
mrs armenuhi avejan 50%

hovik limited directors

Hovik Limited currently has 1 director, Mr Hovik Avejan serving since Dec 2017.

officercountryagestartendrole
Mr Hovik AvejanUnited Kingdom58 years Dec 2017- Director

P&L

March 2024

turnover

444.6

+7%

operating profit

0

0%

gross margin

21%

+1.02%

turnover

Turnover, or revenue, is the amount of sales generated by a company within the financial year.

Balance Sheet

March 2024

net assets

100

0%

total assets

202

0%

cash

0

0%

net assets

Total assets minus all liabilities

hovik limited company details

company number

11108710

Type

Private limited with Share Capital

industry

64209 - Activities of other holding companies (not including agricultural, production, construction, distribution and financial services holding companies) n.e.c.

incorporation date

December 2017

age

8

incorporated

UK

ultimate parent company

None

accounts

Micro-Entity Accounts

last accounts submitted

March 2024

previous names

N/A

accountant

-

auditor

-

address

112 princes gardens, london, W3 0LJ

Bank

-

Legal Advisor

-

hovik 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 hovik limited.

hovik 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.

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hovik limited Companies House Filings - See Documents

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