honey holdco limited
honey holdco limited Company Information
Company Number
11689884
Next Accounts
731 days late
Industry
Activities of other holding companies (not including agricultural, production, construction, distribution and financial services holding companies) n.e.c.
Shareholders
honey investco limited
ms fiona scott
View AllGroup Structure
View All
Contact
Registered Address
c/o interpath limited, 4th floor tailor's corner, thirsk row, leeds, LS1 4DP
Website
-honey holdco limited Estimated Valuation
Pomanda estimates the enterprise value of HONEY HOLDCO LIMITED at £124.5m based on a Turnover of £48.9m and 2.55x industry multiple (adjusted for size and gross margin).
honey holdco limited Estimated Valuation
Pomanda estimates the enterprise value of HONEY HOLDCO LIMITED at £39.1m based on an EBITDA of £3.6m and a 10.85x industry multiple (adjusted for size and gross margin).
honey holdco limited Estimated Valuation
Pomanda estimates the enterprise value of HONEY HOLDCO LIMITED at £14.9m based on Net Assets of £11.8m and 1.26x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Honey Holdco Limited Overview
Honey Holdco Limited is a live company located in thirsk row, LS1 4DP with a Companies House number of 11689884. It operates in the activities of other holding companies n.e.c. sector, SIC Code 64209. Founded in November 2018, it's largest shareholder is honey investco limited with a 99% stake. Honey Holdco Limited is a young, large sized company, Pomanda has estimated its turnover at £48.9m with unknown growth in recent years.
Upgrade for unlimited company reports & a free credit check
Honey Holdco Limited Health Check
Pomanda's financial health check has awarded Honey Holdco Limited a 4 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 2 areas for improvement. Company Health Check FAQs
4 Strong
4 Regular
2 Weak
Size
annual sales of £48.9m, make it larger than the average company (£14.5m)
£48.9m - Honey Holdco Limited
£14.5m - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Honey Holdco Limited
- - Industry AVG
Production
with a gross margin of 42.1%, this company has a lower cost of product (33.4%)
42.1% - Honey Holdco Limited
33.4% - Industry AVG
Profitability
an operating margin of 4.8% make it as profitable than the average company (4.2%)
4.8% - Honey Holdco Limited
4.2% - Industry AVG
Employees
with 935 employees, this is above the industry average (105)
935 - Honey Holdco Limited
105 - Industry AVG
Pay Structure
on an average salary of £39.8k, the company has an equivalent pay structure (£37.3k)
£39.8k - Honey Holdco Limited
£37.3k - Industry AVG
Efficiency
resulting in sales per employee of £52.3k, this is less efficient (£144.7k)
£52.3k - Honey Holdco Limited
£144.7k - Industry AVG
Debtor Days
it gets paid by customers after 181 days, this is later than average (45 days)
181 days - Honey Holdco Limited
45 days - Industry AVG
Creditor Days
its suppliers are paid after 68 days, this is slower than average (47 days)
68 days - Honey Holdco Limited
47 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Honey Holdco Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 20 weeks, this is average cash available to meet short term requirements (18 weeks)
20 weeks - Honey Holdco Limited
18 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 73.8%, this is a similar level of debt than the average (71.5%)
73.8% - Honey Holdco Limited
71.5% - Industry AVG
HONEY HOLDCO LIMITED financials
Honey Holdco Limited's latest turnover from March 2021 is £48.9 million and the company has net assets of £11.8 million. According to their latest financial statements, Honey Holdco Limited has 935 employees and maintains cash reserves of £10.5 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2021 | |
|---|---|
| Turnover | 48,893,011 |
| Other Income Or Grants | 0 |
| Cost Of Sales | 28,310,726 |
| Gross Profit | 20,582,285 |
| Admin Expenses | 18,254,513 |
| Operating Profit | 2,327,772 |
| Interest Payable | 199,960 |
| Interest Receivable | 2,176 |
| Pre-Tax Profit | -1,578,455 |
| Tax | 60,282 |
| Profit After Tax | -1,518,173 |
| Dividends Paid | 1,264,032 |
| Retained Profit | -2,782,205 |
| Employee Costs | 37,242,343 |
| Number Of Employees | 935 |
| EBITDA* | 3,598,660 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2021 | |
|---|---|
| Tangible Assets | 2,306,756 |
| Intangible Assets | 701,075 |
| Investments & Other | 0 |
| Debtors (Due After 1 year) | 0 |
| Total Fixed Assets | 3,007,831 |
| Stock & work in progress | 0 |
| Trade Debtors | 24,333,427 |
| Group Debtors | 0 |
| Misc Debtors | 7,377,186 |
| Cash | 10,486,345 |
| misc current assets | 0 |
| total current assets | 42,196,958 |
| total assets | 45,204,789 |
| Bank overdraft | 900,000 |
| Bank loan | 0 |
| Trade Creditors | 5,334,102 |
| Group/Directors Accounts | 0 |
| other short term finances | 0 |
| hp & lease commitments | 538,915 |
| other current liabilities | 19,476,488 |
| total current liabilities | 26,249,505 |
| loans | 4,800,000 |
| hp & lease commitments | 90,171 |
| Accruals and Deferred Income | 0 |
| other liabilities | 852,325 |
| provisions | 1,381,750 |
| total long term liabilities | 7,124,246 |
| total liabilities | 33,373,751 |
| net assets | 11,831,038 |
| total shareholders funds | 11,831,038 |
| Mar 2021 | |
|---|---|
| Operating Activities | |
| Operating Profit | 2,327,772 |
| Depreciation | 1,037,196 |
| Amortisation | 233,692 |
| Tax | 60,282 |
| Stock | 0 |
| Debtors | 31,710,613 |
| Creditors | 5,334,102 |
| Accruals and Deferred Income | 19,476,488 |
| Deferred Taxes & Provisions | 1,381,750 |
| Cash flow from operations | -1,859,331 |
| Investing Activities | |
| capital expenditure | 0 |
| Change in Investments | 0 |
| cash flow from investments | 0 |
| Financing Activities | |
| Bank loans | 0 |
| Group/Directors Accounts | 0 |
| Other Short Term Loans | 0 |
| Long term loans | 4,800,000 |
| Hire Purchase and Lease Commitments | 629,086 |
| other long term liabilities | 852,325 |
| share issue | |
| interest | -197,784 |
| cash flow from financing | 20,696,870 |
| cash and cash equivalents | |
| cash | 10,486,345 |
| overdraft | 900,000 |
| change in cash | 9,586,345 |
honey holdco limited Credit Report and Business Information
Honey Holdco Limited Competitor Analysis
Perform a competitor analysis for honey holdco limited by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other large companies, companies in LS1 area or any other competitors across 12 key performance metrics.
honey holdco limited Ownership
HONEY HOLDCO LIMITED group structure
Honey Holdco Limited has 1 subsidiary company.
Ultimate parent company
1 parent
HONEY HOLDCO LIMITED
11689884
1 subsidiary
honey holdco limited directors
Honey Holdco Limited currently has 2 directors. The longest serving directors include Mr John Loughrey (Dec 2018) and Miss Olivia Roberts (Dec 2018).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr John Loughrey | Uk | 55 years | Dec 2018 | - | Director |
| Miss Olivia Roberts | 41 years | Dec 2018 | - | Director |
P&L
March 2021turnover
48.9m
0%
operating profit
2.3m
0%
gross margin
42.1%
0%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2021net assets
11.8m
0%
total assets
45.2m
0%
cash
10.5m
0%
net assets
Total assets minus all liabilities
honey holdco limited company details
company number
11689884
Type
Private limited with Share Capital
industry
64209 - Activities of other holding companies (not including agricultural, production, construction, distribution and financial services holding companies) n.e.c.
incorporation date
November 2018
age
6
incorporated
UK
ultimate parent company
accounts
Group
last accounts submitted
March 2021
previous names
N/A
accountant
-
auditor
PRICEWATERHOUSECOOPERS LLP
address
c/o interpath limited, 4th floor tailor's corner, thirsk row, leeds, LS1 4DP
Bank
-
Legal Advisor
-
honey holdco 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 did not find charges/mortgages relating to honey holdco limited.
honey holdco 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 HONEY HOLDCO LIMITED. This can take several minutes, an email will notify you when this has completed.
honey holdco limited Companies House Filings - See Documents
| date | description | view/download |
|---|
