Pomanda estimates the enterprise value of HARROW ROAD 2 LIMITED at £1.4m based on a Turnover of £458.4k and 2.99x industry multiple (adjusted for size and gross margin).
harrow road 2 limitedEstimated Valuation
£0
Pomanda estimates the enterprise value of HARROW ROAD 2 LIMITED at £0 based on an EBITDA of £-8.5k and a 6.41x industry multiple (adjusted for size and gross margin).
harrow road 2 limitedEstimated Valuation
£0
Pomanda estimates the enterprise value of HARROW ROAD 2 LIMITED at £0 based on Net Assets of £-354.1k and 1.58x industry multiple (adjusted for liquidity).
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Harrow Road 2 LimitedOverview
Harrow Road 2 Limited is a live company located in london, N1 6PB with a Companies House number of 11918051. It operates in the buying and selling of own real estate sector, SIC Code 68100. Founded in April 2019, it's largest shareholder is
artform holdings limited
with a 100% stake. Harrow Road 2 Limited is a young,
micro sized company, Pomanda has estimated its turnover at
£458.4k with
healthy
growth in recent years.
Pomanda's financial health check has awarded Harrow Road 2 Limited a 3 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 Rating3out of 5
3 Strong
2 Regular
6 Weak
Size
annual sales of £458.4k, make it smaller than the average company (£813.6k)
£458.4k - Harrow Road 2 Limited
£813.6k - Industry AVG
Growth
3 year (CAGR) sales growth of 12%, show it is growing at a faster rate (3.1%)
12% - Harrow Road 2 Limited
3.1% - Industry AVG
Production
with a gross margin of 67.5%, this company has a comparable cost of product (67.5%)
67.5% - Harrow Road 2 Limited
67.5% - Industry AVG
Profitability
an operating margin of -1.8% make it less profitable than the average company (26.4%)
-1.8% - Harrow Road 2 Limited
26.4% - Industry AVG
Employees
with 2 employees, this is below the industry average (4)
2 - Harrow Road 2 Limited
4 - Industry AVG
Pay Structure
on an average salary of £38.4k, the company has an equivalent pay structure (£38.4k)
£38.4k - Harrow Road 2 Limited
£38.4k - Industry AVG
Efficiency
resulting in sales per employee of £229.2k, this is more efficient (£195k)
£229.2k - Harrow Road 2 Limited
£195k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- - Harrow Road 2 Limited
- - Industry AVG
Creditor Days
its suppliers are paid after 508 days, this is slower than average (32 days)
508 days - Harrow Road 2 Limited
32 days - Industry AVG
Stock Days
it holds stock equivalent to 1028 days, this is more than average (436 days)
1028 days - Harrow Road 2 Limited
436 days - Industry AVG
Cash Balance
has cash to cover current liabilities
for 0 weeks, this is less cash available to meet short term requirements (7 weeks)
0 weeks - Harrow Road 2 Limited
7 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 181.8%, this is a higher level of debt than the average (63.4%)
181.8% - Harrow Road 2 Limited
63.4% - Industry AVG
HARROW ROAD 2 LIMITED financials
EXPORT
Harrow Road 2 Limited's latest turnover from March 2024 is estimated at £458.4 thousand and the company has net assets of -£354.1 thousand. According to their latest financial statements, Harrow Road 2 Limited has 2 employees and maintains cash reserves of £35 as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Mar 2024
Mar 2023
Mar 2022
Mar 2021
Mar 2020
Turnover
458,383
556,676
822,848
327,905
251,816
Other Income Or Grants
Cost Of Sales
149,068
187,141
282,099
106,651
80,931
Gross Profit
309,315
369,535
540,749
221,254
170,885
Admin Expenses
317,804
-172,599
781,462
399,117
198,361
Operating Profit
-8,489
542,134
-240,713
-177,863
-27,476
Interest Payable
38,588
163,975
96,407
35,457
35,457
Interest Receivable
3
67
20
2
1
Pre-Tax Profit
-47,074
378,226
-337,101
-213,318
-62,932
Tax
-71,863
Profit After Tax
-47,074
306,363
-337,101
-213,318
-62,932
Dividends Paid
Retained Profit
-47,074
306,363
-337,101
-213,318
-62,932
Employee Costs
76,861
72,096
73,520
71,303
77,614
Number Of Employees
2
2
2
2
2
EBITDA*
-8,489
542,134
-240,713
-177,863
-27,476
* Earnings Before Interest, Tax, Depreciation and Amortisation
Mar 2024
Mar 2023
Mar 2022
Mar 2021
Mar 2020
Tangible Assets
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
Stock & work in progress
420,000
383,168
3,173,098
2,601,019
1,388,946
Trade Debtors
Group Debtors
Misc Debtors
12,668
6,703
9,081
17,948
8,591
Cash
35
68
3,065
2,135
1,519
misc current assets
total current assets
432,703
389,939
3,185,244
2,621,102
1,399,056
total assets
432,703
389,939
3,185,244
2,621,102
1,399,056
Bank overdraft
343,000
343,000
2,856,507
Bank loan
Trade Creditors
207,853
263,044
305,554
37,689
12,480
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
235,911
90,882
636,533
2,859,662
172,474
total current liabilities
786,764
696,926
3,798,594
2,897,351
184,954
loans
1,162,523
hp & lease commitments
Accruals and Deferred Income
other liabilities
114,510
provisions
total long term liabilities
1,277,033
total liabilities
786,764
696,926
3,798,594
2,897,351
1,461,987
net assets
-354,061
-306,987
-613,350
-276,249
-62,931
total shareholders funds
-354,061
-306,987
-613,350
-276,249
-62,931
Mar 2024
Mar 2023
Mar 2022
Mar 2021
Mar 2020
Operating Activities
Operating Profit
-8,489
542,134
-240,713
-177,863
-27,476
Depreciation
Amortisation
Tax
-71,863
Stock
36,832
-2,789,930
572,079
1,212,073
1,388,946
Debtors
5,965
-2,378
-8,867
9,357
8,591
Creditors
-55,191
-42,510
267,865
25,209
12,480
Accruals and Deferred Income
145,029
-545,651
-2,223,129
2,687,188
172,474
Deferred Taxes & Provisions
Cash flow from operations
38,552
2,674,418
-2,759,189
1,313,104
-1,240,059
Investing Activities
capital expenditure
Change in Investments
cash flow from investments
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
-1,162,523
1,162,523
Hire Purchase and Lease Commitments
other long term liabilities
-114,510
114,510
share issue
1
interest
-38,585
-163,908
-96,387
-35,455
-35,456
cash flow from financing
-38,585
-163,908
-96,387
-1,312,488
1,241,578
cash and cash equivalents
cash
-33
-2,997
930
616
1,519
overdraft
-2,513,507
2,856,507
change in cash
-33
2,510,510
-2,855,577
616
1,519
harrow road 2 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 harrow road 2 limited. Get real-time insights into harrow road 2 limited's credit score, group structure and payment trends.
Perform a competitor analysis for harrow road 2 limited by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other micro companies, companies in N 1 area or any other competitors across 12 key performance metrics.
harrow road 2 limited Ownership
HARROW ROAD 2 LIMITED group structure
Harrow Road 2 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 5 charges/mortgages relating to harrow road 2 limited. Currently there are 2 open charges and 3 have been satisfied in the past.
harrow road 2 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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harrow road 2 limitedCompanies House Filings - See Documents
