herald holdings ltd
herald holdings ltd Company Information
Company Number
11199639
Website
heraldgroup.com.hkRegistered Address
unit 9 the high cross centre, fountayne road, london, N15 4BE
Industry
Buying and selling of own real estate
Telephone
-
Next Accounts Due
November 2024
Group Structure
View All
Shareholders
herald investments ltd 50%
michael de jong 50%
herald holdings ltd Estimated Valuation
Pomanda estimates the enterprise value of HERALD HOLDINGS LTD at £48k based on a Turnover of £29.6k and 1.62x industry multiple (adjusted for size and gross margin).
herald holdings ltd Estimated Valuation
Pomanda estimates the enterprise value of HERALD HOLDINGS LTD at £0 based on an EBITDA of £-19.6k and a 4.27x industry multiple (adjusted for size and gross margin).
herald holdings ltd Estimated Valuation
Pomanda estimates the enterprise value of HERALD HOLDINGS LTD at £95.5k based on Net Assets of £65.5k and 1.46x industry multiple (adjusted for liquidity).
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Herald Holdings Ltd Overview
Herald Holdings Ltd is a live company located in london, N15 4BE with a Companies House number of 11199639. It operates in the buying and selling of own real estate sector, SIC Code 68100. Founded in February 2018, it's largest shareholder is herald investments ltd with a 50% stake. Herald Holdings Ltd is a young, micro sized company, Pomanda has estimated its turnover at £29.6k with declining growth in recent years.
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Herald Holdings Ltd Health Check
Pomanda's financial health check has awarded Herald Holdings Ltd a 0.5 rating. We use a traffic light system to show it exceeds the industry average on 0 measures and has 8 areas for improvement. Company Health Check FAQs
0 Strong
1 Regular
8 Weak
Size
annual sales of £29.6k, make it smaller than the average company (£848.2k)
- Herald Holdings Ltd
£848.2k - Industry AVG
Growth
3 year (CAGR) sales growth of -58%, show it is growing at a slower rate (2.1%)
- Herald Holdings Ltd
2.1% - Industry AVG
Production
with a gross margin of 27.3%, this company has a higher cost of product (69.2%)
- Herald Holdings Ltd
69.2% - Industry AVG
Profitability
an operating margin of -66.4% make it less profitable than the average company (36.8%)
- Herald Holdings Ltd
36.8% - Industry AVG
Employees
with 1 employees, this is below the industry average (4)
- Herald Holdings Ltd
4 - Industry AVG
Pay Structure
on an average salary of £36.2k, the company has an equivalent pay structure (£36.2k)
- Herald Holdings Ltd
£36.2k - Industry AVG
Efficiency
resulting in sales per employee of £29.6k, this is less efficient (£184.3k)
- Herald Holdings Ltd
£184.3k - Industry AVG
Debtor Days
it gets paid by customers after 70 days, this is later than average (24 days)
- Herald Holdings Ltd
24 days - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- Herald Holdings Ltd
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Herald Holdings Ltd
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Herald Holdings Ltd
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 84.7%, this is a higher level of debt than the average (64.2%)
84.7% - Herald Holdings Ltd
64.2% - Industry AVG
HERALD HOLDINGS LTD financials
Herald Holdings Ltd's latest turnover from February 2023 is estimated at £29.6 thousand and the company has net assets of £65.5 thousand. According to their latest financial statements, we estimate that Herald Holdings Ltd has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Feb 2023 | Feb 2022 | Feb 2021 | Feb 2020 | Feb 2019 | |
|---|---|---|---|---|---|
| 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 | |||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Feb 2023 | Feb 2022 | Feb 2021 | Feb 2020 | Feb 2019 | |
|---|---|---|---|---|---|
| Tangible Assets | 313,845 | 313,845 | 800,000 | 514,500 | 514,500 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 313,845 | 313,845 | 800,000 | 514,500 | 514,500 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 5,721 | 73,169 | 899 | 0 | 18,603 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 | 0 |
| Cash | 0 | 0 | 0 | 14,552 | 0 |
| misc current assets | 108,979 | 61,149 | 0 | 0 | 0 |
| total current assets | 114,700 | 134,318 | 899 | 14,552 | 18,603 |
| total assets | 428,545 | 448,163 | 800,899 | 529,052 | 533,103 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 0 | 0 | 97,221 | 493,018 | 529,936 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 0 | 0 | 97,221 | 493,018 | 529,936 |
| loans | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 363,069 | 363,069 | 363,069 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 363,069 | 363,069 | 363,069 | 0 | 0 |
| total liabilities | 363,069 | 363,069 | 460,290 | 493,018 | 529,936 |
| net assets | 65,476 | 85,094 | 340,609 | 36,034 | 3,167 |
| total shareholders funds | 65,476 | 85,094 | 340,609 | 36,034 | 3,167 |
| Feb 2023 | Feb 2022 | Feb 2021 | Feb 2020 | Feb 2019 | |
|---|---|---|---|---|---|
| Operating Activities | |||||
| Operating Profit | |||||
| Depreciation | 0 | 0 | 0 | 0 | |
| Amortisation | 0 | 0 | 0 | 0 | |
| Tax | |||||
| Stock | 0 | 0 | 0 | 0 | 0 |
| Debtors | -67,448 | 72,270 | 899 | -18,603 | 18,603 |
| Creditors | 0 | -97,221 | -395,797 | -36,918 | 529,936 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | |||||
| Investing Activities | |||||
| capital expenditure | |||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | |||||
| Financing Activities | |||||
| Bank loans | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 363,069 | 0 | 0 |
| share issue | |||||
| interest | |||||
| cash flow from financing | |||||
| cash and cash equivalents | |||||
| cash | 0 | 0 | -14,552 | 14,552 | 0 |
| overdraft | 0 | 0 | 0 | 0 | 0 |
| change in cash | 0 | 0 | -14,552 | 14,552 | 0 |
herald holdings ltd Credit Report and Business Information
Herald Holdings Ltd Competitor Analysis
Perform a competitor analysis for herald holdings ltd by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other micro companies, companies in N15 area or any other competitors across 12 key performance metrics.
herald holdings ltd Ownership
HERALD HOLDINGS LTD group structure
Herald Holdings Ltd has 3 subsidiary companies.
Ultimate parent company
HERALD HOLDINGS LTD
11199639
3 subsidiaries
herald holdings ltd directors
Herald Holdings Ltd currently has 2 directors. The longest serving directors include Mr Zwi Horovitz (Feb 2018) and Mr Michael De Jong (May 2019).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Zwi Horovitz | England | 38 years | Feb 2018 | - | Director |
| Mr Michael De Jong | United Kingdom | 43 years | May 2019 | - | Director |
P&L
February 2023turnover
29.6k
-91%
operating profit
-19.6k
0%
gross margin
27.4%
+5.86%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
February 2023net assets
65.5k
-0.23%
total assets
428.5k
-0.04%
cash
0
0%
net assets
Total assets minus all liabilities
herald holdings ltd company details
company number
11199639
Type
Private limited with Share Capital
industry
68100 - Buying and selling of own real estate
incorporation date
February 2018
age
6
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
February 2023
previous names
N/A
accountant
FINER ACCOUNTING LTD
auditor
-
address
unit 9 the high cross centre, fountayne road, london, N15 4BE
Bank
-
Legal Advisor
-
herald holdings 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 4 charges/mortgages relating to herald holdings ltd. Currently there are 2 open charges and 2 have been satisfied in the past.
herald holdings ltd Companies House Filings - See Documents
| date | description | view/download |
|---|
