Pomanda estimates the enterprise value of THE HIVE BANQUETING LIMITED at £703.6k based on a Turnover of £1.4m and 0.51x industry multiple (adjusted for size and gross margin).
the hive banqueting limitedEstimated Valuation
£67.8k
Pomanda estimates the enterprise value of THE HIVE BANQUETING LIMITED at £67.8k based on an EBITDA of £17.2k and a 3.94x industry multiple (adjusted for size and gross margin).
the hive banqueting limitedEstimated Valuation
£689.1k
Pomanda estimates the enterprise value of THE HIVE BANQUETING LIMITED at £689.1k based on Net Assets of £229.9k and 3x industry multiple (adjusted for liquidity).
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The Hive Banqueting LimitedOverview
The Hive Banqueting Limited is a live company located in london, N21 3NA with a Companies House number of 11727640. It operates in the event catering activities sector, SIC Code 56210. Founded in December 2018, it's largest shareholder is
hive london group limited
with a 100% stake. The Hive Banqueting Limited is a young,
small sized company, Pomanda has estimated its turnover at
£1.4m with
rapid
growth in recent years.
Pomanda's financial health check has awarded The Hive Banqueting Limited a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 3 areas for improvement. Company Health Check FAQs
Health Rating4.5out of 5
5 Strong
3 Regular
3 Weak
Size
annual sales of £1.4m, make it larger than the average company (£440.2k)
£1.4m - The Hive Banqueting Limited
£440.2k - Industry AVG
Growth
3 year (CAGR) sales growth of 140%, show it is growing at a faster rate (28.5%)
140% - The Hive Banqueting Limited
28.5% - Industry AVG
Production
with a gross margin of 41.1%, this company has a comparable cost of product (41.1%)
41.1% - The Hive Banqueting Limited
41.1% - Industry AVG
Profitability
an operating margin of -0.5% make it less profitable than the average company (5.4%)
-0.5% - The Hive Banqueting Limited
5.4% - Industry AVG
Employees
with 22 employees, this is above the industry average (10)
22 - The Hive Banqueting Limited
10 - Industry AVG
Pay Structure
on an average salary of £19.2k, the company has an equivalent pay structure (£19.2k)
£19.2k - The Hive Banqueting Limited
£19.2k - Industry AVG
Efficiency
resulting in sales per employee of £62.8k, this is equally as efficient (£63.8k)
£62.8k - The Hive Banqueting Limited
£63.8k - Industry AVG
Debtor Days
it gets paid by customers after 48 days, this is later than average (31 days)
48 days - The Hive Banqueting Limited
31 days - Industry AVG
Creditor Days
its suppliers are paid after 6 days, this is quicker than average (31 days)
6 days - The Hive Banqueting Limited
31 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - The Hive Banqueting Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities
for 43 weeks, this is more cash available to meet short term requirements (26 weeks)
43 weeks - The Hive Banqueting Limited
26 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 31.2%, this is a lower level of debt than the average (83.4%)
31.2% - The Hive Banqueting Limited
83.4% - Industry AVG
THE HIVE BANQUETING LIMITED financials
EXPORT
The Hive Banqueting Limited's latest turnover from June 2024 is estimated at £1.4 million and the company has net assets of £229.9 thousand. According to their latest financial statements, we estimate that The Hive Banqueting Limited has 22 employees and maintains cash reserves of £87.2 thousand as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Jun 2024
Jun 2023
Jun 2022
Jun 2021
Jun 2020
Jun 2019
Turnover
1,381,907
641,836
944,847
99,448
243,337
942,902
Other Income Or Grants
Cost Of Sales
814,676
370,690
559,856
66,771
147,532
552,640
Gross Profit
567,231
271,146
384,991
32,677
95,805
390,262
Admin Expenses
573,683
246,573
314,520
-4,171
-39,857
373,118
Operating Profit
-6,452
24,573
70,471
36,848
135,662
17,144
Interest Payable
Interest Receivable
3,631
3,545
838
56
52
130
Pre-Tax Profit
-2,821
28,119
71,309
36,904
135,714
17,274
Tax
-7,030
-13,549
-7,012
-25,786
-3,282
Profit After Tax
-2,821
21,089
57,760
29,892
109,928
13,992
Dividends Paid
Retained Profit
-2,821
21,089
57,760
29,892
109,928
13,992
Employee Costs
421,958
194,717
192,145
65,952
147,950
156,345
Number Of Employees
22
11
11
4
9
9
EBITDA*
17,231
37,015
85,990
52,367
150,469
25,678
* Earnings Before Interest, Tax, Depreciation and Amortisation
Jun 2024
Jun 2023
Jun 2022
Jun 2021
Jun 2020
Jun 2019
Tangible Assets
39,097
62,780
42,569
58,088
72,183
83,468
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
39,097
62,780
42,569
58,088
72,183
83,468
Stock & work in progress
Trade Debtors
182,676
89,722
182,568
3,278
8,668
115,042
Group Debtors
180,000
218,000
231,411
168,830
Misc Debtors
25,225
213,064
15,452
1,052
39,245
103,581
Cash
87,212
51,107
90,707
43,307
68,944
34,780
misc current assets
total current assets
295,113
353,893
468,727
265,637
348,268
422,233
total assets
334,210
416,673
511,296
323,725
420,451
505,701
Bank overdraft
Bank loan
Trade Creditors
14,204
11,321
50,714
23,448
34,000
19,254
Group/Directors Accounts
10,942
123,692
188,183
73,547
163,000
124,116
other short term finances
hp & lease commitments
other current liabilities
79,124
42,581
60,727
72,818
99,431
348,239
total current liabilities
104,270
177,594
299,624
169,813
296,431
491,609
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
6,318
total long term liabilities
6,318
total liabilities
104,270
183,912
299,624
169,813
296,431
491,609
net assets
229,940
232,761
211,672
153,912
124,020
14,092
total shareholders funds
229,940
232,761
211,672
153,912
124,020
14,092
Jun 2024
Jun 2023
Jun 2022
Jun 2021
Jun 2020
Jun 2019
Operating Activities
Operating Profit
-6,452
24,573
70,471
36,848
135,662
17,144
Depreciation
23,683
12,442
15,519
15,519
14,807
8,534
Amortisation
Tax
-7,030
-13,549
-7,012
-25,786
-3,282
Stock
Debtors
-94,885
-75,234
155,690
-56,994
-108,129
387,453
Creditors
2,883
-39,393
27,266
-10,552
14,746
19,254
Accruals and Deferred Income
36,543
-18,146
-12,091
-26,613
-248,808
348,239
Deferred Taxes & Provisions
-6,318
6,318
Cash flow from operations
145,224
53,998
-68,074
65,184
-1,250
2,436
Investing Activities
capital expenditure
-32,653
-1,424
-3,522
-92,002
Change in Investments
cash flow from investments
-32,653
-1,424
-3,522
-92,002
Financing Activities
Bank loans
Group/Directors Accounts
-112,750
-64,491
114,636
-89,453
38,884
124,116
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
share issue
100
interest
3,631
3,545
838
56
52
130
cash flow from financing
-109,119
-60,946
115,474
-89,397
38,936
124,346
cash and cash equivalents
cash
36,105
-39,600
47,400
-25,637
34,164
34,780
overdraft
change in cash
36,105
-39,600
47,400
-25,637
34,164
34,780
the hive banqueting limited 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 the hive banqueting limited. Get real-time insights into the hive banqueting limited's credit score, group structure and payment trends.
Perform a competitor analysis for the hive banqueting limited by selecting its closest rivals, whether from the ACCOMMODATION AND FOOD SERVICE ACTIVITIES sector, other small companies, companies in N21 area or any other competitors across 12 key performance metrics.
the hive banqueting limited Ownership
THE HIVE BANQUETING LIMITED group structure
The Hive Banqueting Limited has no subsidiary companies.
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 1 charges/mortgages relating to the hive banqueting limited. Currently there are 1 open charges and 0 have been satisfied in the past.
the hive banqueting 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.
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the hive banqueting limitedCompanies House Filings - See Documents
