hk supermarket ltd
hk supermarket ltd Company Information
Company Number
11515799
Website
-Registered Address
costcutter supermarket, 20-22 hallowes crescent, watford, WD19 7NT
Industry
Retail sale in non-specialised stores with food, beverages or tobacco predominating
Telephone
02084415613
Next Accounts Due
September 2024
Group Structure
View All
Directors
Harmon Gaba6 Years
Shareholders
kuldeep singh khaneja 50%
harmon singh gaba 50%
hk supermarket ltd Estimated Valuation
Pomanda estimates the enterprise value of HK SUPERMARKET LTD at £250k based on a Turnover of £987k and 0.25x industry multiple (adjusted for size and gross margin).
hk supermarket ltd Estimated Valuation
Pomanda estimates the enterprise value of HK SUPERMARKET LTD at £130.8k based on an EBITDA of £43.5k and a 3.01x industry multiple (adjusted for size and gross margin).
hk supermarket ltd Estimated Valuation
Pomanda estimates the enterprise value of HK SUPERMARKET LTD at £137k based on Net Assets of £59.9k and 2.29x industry multiple (adjusted for liquidity).
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Hk Supermarket Ltd Overview
Hk Supermarket Ltd is a live company located in watford, WD19 7NT with a Companies House number of 11515799. It operates in the retail sale in non-specialised stores with food, beverages or tobacco predominating sector, SIC Code 47110. Founded in August 2018, it's largest shareholder is kuldeep singh khaneja with a 50% stake. Hk Supermarket Ltd is a young, small sized company, Pomanda has estimated its turnover at £987k with rapid growth in recent years.
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Hk Supermarket Ltd Health Check
Pomanda's financial health check has awarded Hk Supermarket Ltd a 4 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 6 areas for improvement. Company Health Check FAQs
4 Strong
2 Regular
6 Weak
Size
annual sales of £987k, make it in line with the average company (£1.1m)
- Hk Supermarket Ltd
£1.1m - Industry AVG
Growth
3 year (CAGR) sales growth of 144%, show it is growing at a faster rate (3.9%)
- Hk Supermarket Ltd
3.9% - Industry AVG
Production
with a gross margin of 16.9%, this company has a higher cost of product (23.6%)
- Hk Supermarket Ltd
23.6% - Industry AVG
Profitability
an operating margin of 4% make it more profitable than the average company (3.1%)
- Hk Supermarket Ltd
3.1% - Industry AVG
Employees
with 5 employees, this is below the industry average (17)
5 - Hk Supermarket Ltd
17 - Industry AVG
Pay Structure
on an average salary of £15.2k, the company has an equivalent pay structure (£15.2k)
- Hk Supermarket Ltd
£15.2k - Industry AVG
Efficiency
resulting in sales per employee of £197.4k, this is more efficient (£109.7k)
- Hk Supermarket Ltd
£109.7k - Industry AVG
Debtor Days
it gets paid by customers after 59 days, this is later than average (7 days)
- Hk Supermarket Ltd
7 days - Industry AVG
Creditor Days
its suppliers are paid after 96 days, this is slower than average (25 days)
- Hk Supermarket Ltd
25 days - Industry AVG
Stock Days
it holds stock equivalent to 56 days, this is more than average (22 days)
- Hk Supermarket Ltd
22 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 1 weeks, this is less cash available to meet short term requirements (18 weeks)
1 weeks - Hk Supermarket Ltd
18 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 82.6%, this is a higher level of debt than the average (67.8%)
82.6% - Hk Supermarket Ltd
67.8% - Industry AVG
HK SUPERMARKET LTD financials
Hk Supermarket Ltd's latest turnover from December 2022 is estimated at £987 thousand and the company has net assets of £59.9 thousand. According to their latest financial statements, Hk Supermarket Ltd has 5 employees and maintains cash reserves of £7.9 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2022 | Aug 2021 | Aug 2020 | Aug 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 | 5 | 4 | 3 | 1 |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2022 | Aug 2021 | Aug 2020 | Aug 2019 | |
|---|---|---|---|---|
| Tangible Assets | 46,732 | 51,017 | 53,073 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 46,732 | 51,017 | 53,073 | 0 |
| Stock & work in progress | 126,842 | 118,700 | 74,500 | 0 |
| Trade Debtors | 162,222 | 80,722 | 699 | 0 |
| Group Debtors | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 |
| Cash | 7,936 | 33,658 | 79,871 | 100 |
| misc current assets | 0 | 0 | 0 | 0 |
| total current assets | 297,000 | 233,080 | 155,070 | 100 |
| total assets | 343,732 | 284,097 | 208,143 | 100 |
| Bank overdraft | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 |
| Trade Creditors | 217,941 | 208,049 | 207,072 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 |
| other current liabilities | 0 | 0 | 0 | 0 |
| total current liabilities | 217,941 | 208,049 | 207,072 | 0 |
| loans | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 |
| other liabilities | 65,850 | 48,447 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 |
| total long term liabilities | 65,850 | 48,447 | 0 | 0 |
| total liabilities | 283,791 | 256,496 | 207,072 | 0 |
| net assets | 59,941 | 27,601 | 1,071 | 100 |
| total shareholders funds | 59,941 | 27,601 | 1,071 | 100 |
| Dec 2022 | Aug 2021 | Aug 2020 | Aug 2019 | |
|---|---|---|---|---|
| Operating Activities | ||||
| Operating Profit | ||||
| Depreciation | 4,285 | 2,056 | 6,595 | |
| Amortisation | 0 | 0 | 0 | |
| Tax | ||||
| Stock | 8,142 | 44,200 | 74,500 | 0 |
| Debtors | 81,500 | 80,023 | 699 | 0 |
| Creditors | 9,892 | 977 | 207,072 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 |
| Cash flow from operations | ||||
| Investing Activities | ||||
| capital expenditure | ||||
| Change in Investments | 0 | 0 | 0 | 0 |
| cash flow from investments | ||||
| Financing Activities | ||||
| Bank loans | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 |
| other long term liabilities | 17,403 | 48,447 | 0 | 0 |
| share issue | ||||
| interest | ||||
| cash flow from financing | ||||
| cash and cash equivalents | ||||
| cash | -25,722 | -46,213 | 79,771 | 100 |
| overdraft | 0 | 0 | 0 | 0 |
| change in cash | -25,722 | -46,213 | 79,771 | 100 |
hk supermarket ltd Credit Report and Business Information
Hk Supermarket Ltd Competitor Analysis
Perform a competitor analysis for hk supermarket ltd by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other small companies, companies in WD19 area or any other competitors across 12 key performance metrics.
hk supermarket ltd Ownership
HK SUPERMARKET LTD group structure
Hk Supermarket Ltd has no subsidiary companies.
Ultimate parent company
HK SUPERMARKET LTD
11515799
hk supermarket ltd directors
Hk Supermarket Ltd currently has 1 director, Mr Harmon Gaba serving since Aug 2018.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Harmon Gaba | United Kingdom | 44 years | Aug 2018 | - | Director |
P&L
December 2022turnover
987k
+10%
operating profit
39.2k
0%
gross margin
16.9%
+12.61%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2022net assets
59.9k
+1.17%
total assets
343.7k
+0.21%
cash
7.9k
-0.76%
net assets
Total assets minus all liabilities
Similar Companies
hk supermarket ltd company details
company number
11515799
Type
Private limited with Share Capital
industry
47110 - Retail sale in non-specialised stores with food, beverages or tobacco predominating
incorporation date
August 2018
age
6
incorporated
UK
accounts
Unaudited Abridged
ultimate parent company
previous names
N/A
last accounts submitted
December 2022
address
costcutter supermarket, 20-22 hallowes crescent, watford, WD19 7NT
accountant
-
auditor
-
hk supermarket 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 did not find charges/mortgages relating to hk supermarket ltd.
hk supermarket ltd Companies House Filings - See Documents
| date | description | view/download |
|---|
