Pomanda estimates the enterprise value of HEARD DIGITAL LTD at £183.8k based on a Turnover of £500.9k and 0.37x industry multiple (adjusted for size and gross margin).
heard digital ltdEstimated Valuation
£465.6k
Pomanda estimates the enterprise value of HEARD DIGITAL LTD at £465.6k based on an EBITDA of £257.5k and a 1.81x industry multiple (adjusted for size and gross margin).
heard digital ltdEstimated Valuation
£223.4k
Pomanda estimates the enterprise value of HEARD DIGITAL LTD at £223.4k based on Net Assets of £143.5k and 1.56x industry multiple (adjusted for liquidity).
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Heard Digital LtdOverview
Heard Digital Ltd is a live company located in luton, LU1 2TL with a Companies House number of 11498389. It operates in the publishing of computer games sector, SIC Code 58210. Founded in August 2018, it's largest shareholder is
paul andrews
with a 61.6% stake. Heard Digital Ltd is a young,
small sized company, Pomanda has estimated its turnover at
£500.9k with
rapid
growth in recent years.
Pomanda's financial health check has awarded Heard Digital Ltd a 4 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 4 areas for improvement. Company Health Check FAQs
Health Rating4out of 5
3 Strong
3 Regular
4 Weak
Size
annual sales of £500.9k, make it smaller than the average company (£8.2m)
£500.9k - Heard Digital Ltd
£8.2m - Industry AVG
Growth
3 year (CAGR) sales growth of 35%, show it is growing at a faster rate (24.5%)
35% - Heard Digital Ltd
24.5% - Industry AVG
Production
with a gross margin of 17.1%, this company has a higher cost of product (48.1%)
17.1% - Heard Digital Ltd
48.1% - Industry AVG
Profitability
an operating margin of 51.4% make it more profitable than the average company (4%)
51.4% - Heard Digital Ltd
4% - Industry AVG
Employees
with 2 employees, this is below the industry average (20)
2 - Heard Digital Ltd
20 - Industry AVG
Pay Structure
on an average salary of £68.9k, the company has an equivalent pay structure (£68.9k)
£68.9k - Heard Digital Ltd
£68.9k - Industry AVG
Efficiency
resulting in sales per employee of £250.5k, this is equally as efficient (£225.7k)
£250.5k - Heard Digital Ltd
£225.7k - Industry AVG
Debtor Days
it gets paid by customers after 153 days, this is later than average (35 days)
153 days - Heard Digital Ltd
35 days - Industry AVG
Creditor Days
its suppliers are paid after 16 days, this is close to average (16 days)
16 days - Heard Digital Ltd
16 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Heard Digital Ltd
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Heard Digital Ltd
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 32.2%, this is a lower level of debt than the average (58.2%)
32.2% - Heard Digital Ltd
58.2% - Industry AVG
HEARD DIGITAL LTD financials
EXPORT
Heard Digital Ltd's latest turnover from August 2023 is estimated at £500.9 thousand and the company has net assets of £143.5 thousand. According to their latest financial statements, Heard Digital Ltd has 2 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
Turnover
500,912
86,420
273,535
202,705
7,069
Other Income Or Grants
Cost Of Sales
415,229
70,377
215,552
179,249
6,534
Gross Profit
85,683
16,044
57,983
23,456
535
Admin Expenses
-171,861
59,957
59,344
25,629
2,780
Operating Profit
257,544
-43,913
-1,361
-2,173
-2,245
Interest Payable
Interest Receivable
Pre-Tax Profit
257,544
-43,913
-1,361
-2,173
-2,245
Tax
-64,386
Profit After Tax
193,158
-43,913
-1,361
-2,173
-2,245
Dividends Paid
Retained Profit
193,158
-43,913
-1,361
-2,173
-2,245
Employee Costs
137,844
68,319
64,985
61,214
56,320
Number Of Employees
2
1
1
1
1
EBITDA*
257,544
-43,913
-1,361
-2,173
-2,245
* Earnings Before Interest, Tax, Depreciation and Amortisation
Aug 2023
Aug 2022
Aug 2021
Aug 2020
Aug 2019
Tangible Assets
1,155
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
1,155
Stock & work in progress
Trade Debtors
210,347
16,701
60,528
49,029
25
Group Debtors
Misc Debtors
Cash
misc current assets
total current assets
210,347
16,701
60,528
49,029
25
total assets
211,502
16,701
60,528
49,029
25
Bank overdraft
Bank loan
Trade Creditors
18,901
16,935
16,373
2,537
1,850
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
total current liabilities
18,901
16,935
16,373
2,537
1,850
loans
hp & lease commitments
Accruals and Deferred Income
400
723
672
910
420
other liabilities
48,735
48,735
49,262
50,000
provisions
total long term liabilities
49,135
49,458
49,934
50,910
420
total liabilities
68,036
66,393
66,307
53,447
2,270
net assets
143,466
-49,692
-5,779
-4,418
-2,245
total shareholders funds
143,466
-49,692
-5,779
-4,418
-2,245
Aug 2023
Aug 2022
Aug 2021
Aug 2020
Aug 2019
Operating Activities
Operating Profit
257,544
-43,913
-1,361
-2,173
-2,245
Depreciation
Amortisation
Tax
-64,386
Stock
Debtors
193,646
-43,827
11,499
49,004
25
Creditors
1,966
562
13,836
687
1,850
Accruals and Deferred Income
-323
51
-238
490
420
Deferred Taxes & Provisions
Cash flow from operations
1,155
527
738
-50,000
Investing Activities
capital expenditure
-1,155
Change in Investments
cash flow from investments
-1,155
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
-527
-738
50,000
share issue
interest
cash flow from financing
-527
-738
50,000
cash and cash equivalents
cash
overdraft
change in cash
heard digital ltd Credit Report and Business Information
Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
Get a comprehensive credit check for heard digital ltd. Get real-time insights into heard digital ltd's credit score, group structure and payment trends.
Perform a competitor analysis for heard digital ltd by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other small companies, companies in LU1 area or any other competitors across 12 key performance metrics.
heard digital ltd Ownership
HEARD DIGITAL LTD group structure
Heard Digital Ltd has no subsidiary companies.
Ultimate parent company
HEARD DIGITAL LTD
11498389
HEARD DIGITAL LTD Shareholders
The largest shareholders in Heard Digital Ltd include Paul Andrews and Darren Melbourne.
paul andrews
61.64%
darren melbourne
6.42%
robert cooper
6.42%
angela andrews
4.52%
darren jordan
3.71%
paul gouge
3.71%
sara francis ellingham
2.26%
daniel tiseo
2.26%
nick tiseo
2.26%
christopher smith
2.23%
heard digital ltd directors
Heard Digital Ltd currently has 4 directors.
The longest serving directors include
Mr Paul Andrews (Aug 2018) and
Mr Paul Andrews (Aug 2018).
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 heard digital ltd.
heard digital ltd 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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heard digital ltdCompanies House Filings - See Documents
