hc development co 19 limited
hc development co 19 limited Company Information
Company Number
11256831
Next Accounts
438 days late
Shareholders
charles william frazer fearnhead
the house crowd
Group Structure
View All
Industry
Buying and selling of own real estate
Registered Address
2nd floor 9 portland street, manchester, M1 3BE
Website
-hc development co 19 limited Estimated Valuation
Pomanda estimates the enterprise value of HC DEVELOPMENT CO 19 LIMITED at £2.8m based on a Turnover of £929.8k and 3x industry multiple (adjusted for size and gross margin).
hc development co 19 limited Estimated Valuation
Pomanda estimates the enterprise value of HC DEVELOPMENT CO 19 LIMITED at £0 based on an EBITDA of £-1.5m and a 6.43x industry multiple (adjusted for size and gross margin).
hc development co 19 limited Estimated Valuation
Pomanda estimates the enterprise value of HC DEVELOPMENT CO 19 LIMITED at £0 based on Net Assets of £-3.8m and 1.58x industry multiple (adjusted for liquidity).
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Hc Development Co 19 Limited Overview
Hc Development Co 19 Limited is a live company located in manchester, M1 3BE with a Companies House number of 11256831. It operates in the buying and selling of own real estate sector, SIC Code 68100. Founded in March 2018, it's largest shareholder is charles william frazer fearnhead with a 90% stake. Hc Development Co 19 Limited is a young, small sized company, Pomanda has estimated its turnover at £929.8k with high growth in recent years.
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Hc Development Co 19 Limited Health Check
Pomanda's financial health check has awarded Hc Development Co 19 Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 5 areas for improvement. Company Health Check FAQs
3 Strong
3 Regular
5 Weak
Size
annual sales of £929.8k, make it in line with the average company (£865.4k)
- Hc Development Co 19 Limited
£865.4k - Industry AVG
Growth
3 year (CAGR) sales growth of 29%, show it is growing at a faster rate (1.2%)
- Hc Development Co 19 Limited
1.2% - Industry AVG
Production
with a gross margin of 65.7%, this company has a comparable cost of product (65.7%)
- Hc Development Co 19 Limited
65.7% - Industry AVG
Profitability
an operating margin of -161.5% make it less profitable than the average company (49%)
- Hc Development Co 19 Limited
49% - Industry AVG
Employees
with 2 employees, this is below the industry average (4)
2 - Hc Development Co 19 Limited
4 - Industry AVG
Pay Structure
on an average salary of £36.6k, the company has an equivalent pay structure (£36.6k)
- Hc Development Co 19 Limited
£36.6k - Industry AVG
Efficiency
resulting in sales per employee of £464.9k, this is more efficient (£204.3k)
- Hc Development Co 19 Limited
£204.3k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Hc Development Co 19 Limited
- - Industry AVG
Creditor Days
its suppliers are paid after 204 days, this is slower than average (30 days)
- Hc Development Co 19 Limited
30 days - Industry AVG
Stock Days
it holds stock equivalent to 8895 days, this is more than average (498 days)
- Hc Development Co 19 Limited
498 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 2 weeks, this is less cash available to meet short term requirements (8 weeks)
2 weeks - Hc Development Co 19 Limited
8 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 138.4%, this is a higher level of debt than the average (63.5%)
138.4% - Hc Development Co 19 Limited
63.5% - Industry AVG
HC DEVELOPMENT CO 19 LIMITED financials
Hc Development Co 19 Limited's latest turnover from March 2022 is estimated at £929.8 thousand and the company has net assets of -£3.8 million. According to their latest financial statements, Hc Development Co 19 Limited has 2 employees and maintains cash reserves of £242.2 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2022 | Mar 2021 | Mar 2020 | Mar 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 | 2 | 2 | 2 | |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | |
|---|---|---|---|---|
| Tangible Assets | ||||
| Intangible Assets | ||||
| Investments & Other | ||||
| Debtors (Due After 1 year) | ||||
| Total Fixed Assets | ||||
| Stock & work in progress | 7,773,722 | 8,511,224 | 6,044,691 | |
| Trade Debtors | 38,811 | |||
| Group Debtors | ||||
| Misc Debtors | 1,834,186 | 284,695 | 15,790 | |
| Cash | 242,247 | 1,924 | 322,993 | |
| misc current assets | 13,234 | |||
| total current assets | 9,863,389 | 8,797,843 | 6,383,474 | 38,811 |
| total assets | 9,863,389 | 8,797,843 | 6,383,474 | 38,811 |
| Bank overdraft | ||||
| Bank loan | ||||
| Trade Creditors | 178,574 | 514,453 | 4,286 | 9,219 |
| Group/Directors Accounts | ||||
| other short term finances | ||||
| hp & lease commitments | ||||
| other current liabilities | 4,918,165 | 1,439,130 | 599,134 | |
| total current liabilities | 5,096,739 | 1,953,583 | 603,420 | 9,219 |
| loans | 8,551,440 | 8,551,440 | 6,683,401 | |
| hp & lease commitments | ||||
| Accruals and Deferred Income | ||||
| other liabilities | 3,321,812 | |||
| provisions | ||||
| total long term liabilities | 8,551,440 | 8,551,440 | 6,683,401 | 3,321,812 |
| total liabilities | 13,648,179 | 10,505,023 | 7,286,821 | 3,331,031 |
| net assets | -3,784,790 | -1,707,180 | -903,347 | -3,292,220 |
| total shareholders funds | -3,784,790 | -1,707,180 | -903,347 | -3,292,220 |
| Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | |
|---|---|---|---|---|
| Operating Activities | ||||
| Operating Profit | ||||
| Depreciation | ||||
| Amortisation | ||||
| Tax | ||||
| Stock | -737,502 | 2,466,533 | 6,044,691 | |
| Debtors | 1,549,491 | 268,905 | -23,021 | 38,811 |
| Creditors | -335,879 | 510,167 | -4,933 | 9,219 |
| Accruals and Deferred Income | 3,479,035 | 839,996 | 599,134 | |
| Deferred Taxes & Provisions | ||||
| Cash flow from operations | ||||
| Investing Activities | ||||
| capital expenditure | ||||
| Change in Investments | ||||
| cash flow from investments | ||||
| Financing Activities | ||||
| Bank loans | ||||
| Group/Directors Accounts | ||||
| Other Short Term Loans | ||||
| Long term loans | 1,868,039 | 6,683,401 | ||
| Hire Purchase and Lease Commitments | ||||
| other long term liabilities | -3,321,812 | 3,321,812 | ||
| share issue | ||||
| interest | ||||
| cash flow from financing | ||||
| cash and cash equivalents | ||||
| cash | 240,323 | -321,069 | 322,993 | |
| overdraft | ||||
| change in cash | 240,323 | -321,069 | 322,993 |
hc development co 19 limited Credit Report and Business Information
Hc Development Co 19 Limited Competitor Analysis
Perform a competitor analysis for hc development co 19 limited by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other small companies, companies in M 1 area or any other competitors across 12 key performance metrics.
hc development co 19 limited Ownership
HC DEVELOPMENT CO 19 LIMITED group structure
Hc Development Co 19 Limited has no subsidiary companies.
Ultimate parent company
HC DEVELOPMENT CO 19 LIMITED
11256831
hc development co 19 limited directors
Hc Development Co 19 Limited currently has 3 directors. The longest serving directors include Mr Charles Fearnhead (Dec 2019) and Mr Charles Fearnhead (Dec 2019).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Charles Fearnhead | England | 56 years | Dec 2019 | - | Director |
| Mr Charles Fearnhead | 56 years | Dec 2019 | - | Director | |
| Mr Richard Harris | England | 39 years | Sep 2023 | - | Director |
P&L
March 2022turnover
929.8k
-27%
operating profit
-1.5m
0%
gross margin
65.7%
-2.65%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2022net assets
-3.8m
+1.22%
total assets
9.9m
+0.12%
cash
242.2k
+124.91%
net assets
Total assets minus all liabilities
hc development co 19 limited company details
company number
11256831
Type
Private limited with Share Capital
industry
68100 - Buying and selling of own real estate
incorporation date
March 2018
age
7
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
March 2022
previous names
N/A
accountant
-
auditor
-
address
2nd floor 9 portland street, manchester, M1 3BE
Bank
-
Legal Advisor
-
hc development co 19 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 found 4 charges/mortgages relating to hc development co 19 limited. Currently there are 4 open charges and 0 have been satisfied in the past.
hc development co 19 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 HC DEVELOPMENT CO 19 LIMITED. This can take several minutes, an email will notify you when this has completed.
hc development co 19 limited Companies House Filings - See Documents
| date | description | view/download |
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