hbb spv2 limited
hbb spv2 limited Company Information
Company Number
11775347
Registered Address
1 the cornerstone market place, kegworth, derby, derbyshire, DE74 2EE
Industry
Buying and selling of own real estate
Telephone
08000282800
Next Accounts Due
December 2024
Group Structure
View All
Shareholders
hbb relocation services limited 100%
hbb spv2 limited Estimated Valuation
Pomanda estimates the enterprise value of HBB SPV2 LIMITED at £1.2m based on a Turnover of £505.5k and 2.34x industry multiple (adjusted for size and gross margin).
hbb spv2 limited Estimated Valuation
Pomanda estimates the enterprise value of HBB SPV2 LIMITED at £0 based on an EBITDA of £-124.1k and a 5.85x industry multiple (adjusted for size and gross margin).
hbb spv2 limited Estimated Valuation
Pomanda estimates the enterprise value of HBB SPV2 LIMITED at £0 based on Net Assets of £-57.4k and 1.43x industry multiple (adjusted for liquidity).
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Hbb Spv2 Limited Overview
Hbb Spv2 Limited is a live company located in derby, DE74 2EE with a Companies House number of 11775347. It operates in the buying and selling of own real estate sector, SIC Code 68100. Founded in January 2019, it's largest shareholder is hbb relocation services limited with a 100% stake. Hbb Spv2 Limited is a young, small sized company, Pomanda has estimated its turnover at £505.5k with low growth in recent years.
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Hbb Spv2 Limited Health Check
Pomanda's financial health check has awarded Hbb Spv2 Limited a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 7 areas for improvement. Company Health Check FAQs
1 Strong
2 Regular
7 Weak
Size
annual sales of £505.5k, make it smaller than the average company (£900.9k)
- Hbb Spv2 Limited
£900.9k - Industry AVG
Growth
3 year (CAGR) sales growth of 1%, show it is growing at a slower rate (2.1%)
- Hbb Spv2 Limited
2.1% - Industry AVG
Production
with a gross margin of 66.6%, this company has a comparable cost of product (66.6%)
- Hbb Spv2 Limited
66.6% - Industry AVG
Profitability
an operating margin of -24.5% make it less profitable than the average company (36%)
- Hbb Spv2 Limited
36% - Industry AVG
Employees
with 2 employees, this is below the industry average (4)
2 - Hbb Spv2 Limited
4 - Industry AVG
Pay Structure
on an average salary of £36.3k, the company has an equivalent pay structure (£36.3k)
- Hbb Spv2 Limited
£36.3k - Industry AVG
Efficiency
resulting in sales per employee of £252.7k, this is more efficient (£202.4k)
- Hbb Spv2 Limited
£202.4k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Hbb Spv2 Limited
- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- Hbb Spv2 Limited
- - Industry AVG
Stock Days
it holds stock equivalent to 4858 days, this is more than average (422 days)
- Hbb Spv2 Limited
422 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 2 weeks, this is less cash available to meet short term requirements (8 weeks)
2 weeks - Hbb Spv2 Limited
8 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 102.4%, this is a higher level of debt than the average (63.6%)
102.4% - Hbb Spv2 Limited
63.6% - Industry AVG
HBB SPV2 LIMITED financials
Hbb Spv2 Limited's latest turnover from March 2023 is estimated at £505.5 thousand and the company has net assets of -£57.4 thousand. According to their latest financial statements, Hbb Spv2 Limited has 2 employees and maintains cash reserves of £119.4 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 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 | 2 | 3 | 3 | 3 | |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | |
|---|---|---|---|---|---|
| Tangible Assets | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 0 | 0 | 0 | 0 | 0 |
| Stock & work in progress | 2,247,678 | 0 | 0 | 1,098,116 | 0 |
| Trade Debtors | 0 | 0 | 0 | 0 | 0 |
| Group Debtors | 0 | 0 | 1 | 1 | 0 |
| Misc Debtors | 0 | 0 | 0 | 718 | 0 |
| Cash | 119,448 | 62,857 | 67,021 | 1,497 | 0 |
| misc current assets | 0 | 0 | 0 | 0 | 0 |
| total current assets | 2,367,126 | 62,857 | 67,022 | 1,100,332 | 0 |
| total assets | 2,367,126 | 62,857 | 67,022 | 1,100,332 | 0 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 57,000 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 2,424,500 | 0 | 1,432 | 983,845 | 0 |
| total current liabilities | 2,424,500 | 0 | 1,432 | 1,040,845 | 0 |
| loans | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 2,424,500 | 0 | 1,432 | 1,040,845 | 0 |
| net assets | -57,374 | 62,857 | 65,590 | 59,487 | 0 |
| total shareholders funds | -57,374 | 62,857 | 65,590 | 59,487 | 0 |
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | |
|---|---|---|---|---|---|
| Operating Activities | |||||
| Operating Profit | |||||
| Depreciation | 0 | 0 | 0 | 0 | |
| Amortisation | 0 | 0 | 0 | 0 | |
| Tax | |||||
| Stock | 2,247,678 | 0 | -1,098,116 | 1,098,116 | 0 |
| Debtors | 0 | -1 | -718 | 719 | 0 |
| Creditors | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 2,424,500 | -1,432 | -982,413 | 983,845 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | |||||
| Investing Activities | |||||
| capital expenditure | |||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | |||||
| Financing Activities | |||||
| Bank loans | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | -57,000 | 57,000 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||
| interest | |||||
| cash flow from financing | |||||
| cash and cash equivalents | |||||
| cash | 56,591 | -4,164 | 65,524 | 1,497 | 0 |
| overdraft | 0 | 0 | 0 | 0 | 0 |
| change in cash | 56,591 | -4,164 | 65,524 | 1,497 | 0 |
hbb spv2 limited Credit Report and Business Information
Hbb Spv2 Limited Competitor Analysis
Perform a competitor analysis for hbb spv2 limited by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other small companies, companies in DE74 area or any other competitors across 12 key performance metrics.
hbb spv2 limited Ownership
HBB SPV2 LIMITED group structure
Hbb Spv2 Limited has no subsidiary companies.
hbb spv2 limited directors
Hbb Spv2 Limited currently has 2 directors. The longest serving directors include Mr Christopher Hodgkinson (Jan 2019) and Mr Simon Blunt (Jan 2019).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Christopher Hodgkinson | 53 years | Jan 2019 | - | Director | |
| Mr Simon Blunt | United Kingdom | 58 years | Jan 2019 | - | Director |
P&L
March 2023turnover
505.5k
-18%
operating profit
-124.1k
0%
gross margin
66.6%
+0.83%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2023net assets
-57.4k
-1.91%
total assets
2.4m
+36.66%
cash
119.4k
+0.9%
net assets
Total assets minus all liabilities
Similar Companies
hbb spv2 limited company details
company number
11775347
Type
Private limited with Share Capital
industry
68100 - Buying and selling of own real estate
incorporation date
January 2019
age
5
incorporated
UK
ultimate parent company
accounts
Small Company
last accounts submitted
March 2023
previous names
N/A
accountant
NUVO AUDIT LIMITED
auditor
-
address
1 the cornerstone market place, kegworth, derby, derbyshire, DE74 2EE
Bank
-
Legal Advisor
-
hbb spv2 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 found 7 charges/mortgages relating to hbb spv2 limited. Currently there are 7 open charges and 0 have been satisfied in the past.
hbb spv2 limited Companies House Filings - See Documents
| date | description | view/download |
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