the hive lettings project ltd

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the hive lettings project ltd Company Information

Share THE HIVE LETTINGS PROJECT LTD

Company Number

11561308

Shareholders

anastasios gkremos

ioanna prokou

Group Structure

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Industry

Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.

 

Registered Address

9 giles road, oxford, OX4 4NN

Website

-

the hive lettings project ltd Estimated Valuation

£675.6k

Pomanda estimates the enterprise value of THE HIVE LETTINGS PROJECT LTD at £675.6k based on a Turnover of £275.3k and 2.45x industry multiple (adjusted for size and gross margin).

the hive lettings project ltd Estimated Valuation

£0

Pomanda estimates the enterprise value of THE HIVE LETTINGS PROJECT LTD at £0 based on an EBITDA of £-9.8k and a 4.93x industry multiple (adjusted for size and gross margin).

the hive lettings project ltd Estimated Valuation

£39.5k

Pomanda estimates the enterprise value of THE HIVE LETTINGS PROJECT LTD at £39.5k based on Net Assets of £22.4k and 1.76x industry multiple (adjusted for liquidity).

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The Hive Lettings Project Ltd Overview

The Hive Lettings Project Ltd is a live company located in oxford, OX4 4NN with a Companies House number of 11561308. It operates in the other letting and operating of own or leased real estate sector, SIC Code 68209. Founded in September 2018, it's largest shareholder is anastasios gkremos with a 50% stake. The Hive Lettings Project Ltd is a young, micro sized company, Pomanda has estimated its turnover at £275.3k with rapid growth in recent years.

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The Hive Lettings Project Ltd Health Check

Pomanda's financial health check has awarded The Hive Lettings Project Ltd a 2.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 6 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating2.5out of 5
positive_score

3 Strong

positive_score

1 Regular

positive_score

6 Weak

size

Size

annual sales of £275.3k, make it smaller than the average company (£923.6k)

£275.3k - The Hive Lettings Project Ltd

£923.6k - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 54%, show it is growing at a faster rate (4.9%)

54% - The Hive Lettings Project Ltd

4.9% - Industry AVG

production

Production

with a gross margin of 34.6%, this company has a higher cost of product (75.5%)

34.6% - The Hive Lettings Project Ltd

75.5% - Industry AVG

profitability

Profitability

an operating margin of -3.6% make it less profitable than the average company (29.3%)

-3.6% - The Hive Lettings Project Ltd

29.3% - Industry AVG

employees

Employees

with 1 employees, this is below the industry average (4)

1 - The Hive Lettings Project Ltd

4 - Industry AVG

paystructure

Pay Structure

on an average salary of £32.4k, the company has an equivalent pay structure (£32.4k)

£32.4k - The Hive Lettings Project Ltd

£32.4k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £275.3k, this is more efficient (£177.3k)

£275.3k - The Hive Lettings Project Ltd

£177.3k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 86 days, this is later than average (30 days)

86 days - The Hive Lettings Project Ltd

30 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 104 days, this is slower than average (38 days)

104 days - The Hive Lettings Project Ltd

38 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - The Hive Lettings Project Ltd

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - The Hive Lettings Project Ltd

- - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 73.3%, this is a higher level of debt than the average (64%)

73.3% - The Hive Lettings Project Ltd

64% - Industry AVG

THE HIVE LETTINGS PROJECT LTD financials

EXPORTms excel logo

The Hive Lettings Project Ltd's latest turnover from March 2024 is estimated at £275.3 thousand and the company has net assets of £22.4 thousand. According to their latest financial statements, we estimate that The Hive Lettings Project Ltd 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
Turnover275,274235,202153,18975,600173,37050,246
Other Income Or Grants
Cost Of Sales180,066156,828103,36949,925115,90533,859
Gross Profit95,20778,37449,82025,67557,46516,388
Admin Expenses105,00458,61041,43530,05429,37025,390
Operating Profit-9,79719,7648,385-4,37928,095-9,002
Interest Payable
Interest Receivable
Pre-Tax Profit-9,79719,7648,385-4,37928,095-9,002
Tax-3,755-1,593-5,338
Profit After Tax-9,79716,0096,792-4,37922,757-9,002
Dividends Paid
Retained Profit-9,79716,0096,792-4,37922,757-9,002
Employee Costs32,39330,37329,50026,83427,32526,999
Number Of Employees111111
EBITDA*-9,79719,7648,385-4,37928,095-9,002

* Earnings Before Interest, Tax, Depreciation and Amortisation

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019
Tangible Assets18,85826,23633,61440,992
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets18,85826,23633,61440,992
Stock & work in progress
Trade Debtors64,97762,35542,61219,31641,58812,467
Group Debtors
Misc Debtors
Cash
misc current assets
total current assets64,97762,35542,61219,31641,58812,467
total assets83,83588,59176,22660,30841,58812,467
Bank overdraft
Bank loan
Trade Creditors 51,67040,57638,16829,04227,833510
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
total current liabilities51,67040,57638,16829,04227,833510
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities9,78515,83821,89021,89020,959
provisions
total long term liabilities9,78515,83821,89021,89020,959
total liabilities61,45556,41460,05850,93227,83321,469
net assets22,38032,17716,1689,37613,755-9,002
total shareholders funds22,38032,17716,1689,37613,755-9,002
Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019
Operating Activities
Operating Profit-9,79719,7648,385-4,37928,095-9,002
Depreciation
Amortisation
Tax-3,755-1,593-5,338
Stock
Debtors2,62219,74323,296-22,27229,12112,467
Creditors11,0942,4089,1261,20927,323510
Accruals and Deferred Income
Deferred Taxes & Provisions
Cash flow from operations-1,325-1,326-7,37819,10220,959-20,959
Investing Activities
capital expenditure7,3787,3787,378-40,992
Change in Investments
cash flow from investments7,3787,3787,378-40,992
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities-6,053-6,05221,890-20,95920,959
share issue
interest
cash flow from financing-6,053-6,05221,890-20,95920,959
cash and cash equivalents
cash
overdraft
change in cash

the hive lettings project ltd 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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The Hive Lettings Project Ltd Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for the hive lettings project ltd by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other micro companies, companies in OX4 area or any other competitors across 12 key performance metrics.

the hive lettings project ltd Ownership

THE HIVE LETTINGS PROJECT LTD group structure

The Hive Lettings Project Ltd has no subsidiary companies.

Ultimate parent company

THE HIVE LETTINGS PROJECT LTD

11561308

THE HIVE LETTINGS PROJECT LTD Shareholders

anastasios gkremos 50%
ioanna prokou 50%

the hive lettings project ltd directors

The Hive Lettings Project Ltd currently has 2 directors. The longest serving directors include Mr Anastasios Gkremos (Sep 2018) and Miss Ioanna Prokou (Sep 2018).

officercountryagestartendrole
Mr Anastasios GkremosEngland33 years Sep 2018- Director
Miss Ioanna ProkouEngland34 years Sep 2018- Director

P&L

March 2024

turnover

275.3k

+17%

operating profit

-9.8k

0%

gross margin

34.6%

+3.79%

turnover

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

Balance Sheet

March 2024

net assets

22.4k

-0.3%

total assets

83.8k

-0.05%

cash

0

0%

net assets

Total assets minus all liabilities

the hive lettings project ltd company details

company number

11561308

Type

Private limited with Share Capital

industry

68209 - Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.

incorporation date

September 2018

age

7

incorporated

UK

ultimate parent company

None

accounts

Micro-Entity Accounts

last accounts submitted

March 2024

previous names

N/A

accountant

-

auditor

-

address

9 giles road, oxford, OX4 4NN

Bank

-

Legal Advisor

-

the hive lettings project 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 the hive lettings project ltd.

the hive lettings project 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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the hive lettings project ltd Companies House Filings - See Documents

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