howbout ltd
howbout ltd Company Information
Company Number
11962821
Website
www.zync-solutions.comRegistered Address
runway east, 52 tabernacle street, london, EC2A 4NJ
Industry
Other information technology and computer service activities
Telephone
01945475747
Next Accounts Due
September 2025
Group Structure
View All
Shareholders
neilram tanna 32.9%
duncan cowan 23%
View Allhowbout ltd Estimated Valuation
Pomanda estimates the enterprise value of HOWBOUT LTD at £2.1m based on a Turnover of £3.6m and 0.57x industry multiple (adjusted for size and gross margin).
howbout ltd Estimated Valuation
Pomanda estimates the enterprise value of HOWBOUT LTD at £2.8m based on an EBITDA of £720.5k and a 3.95x industry multiple (adjusted for size and gross margin).
howbout ltd Estimated Valuation
Pomanda estimates the enterprise value of HOWBOUT LTD at £5.1m based on Net Assets of £2.2m and 2.3x industry multiple (adjusted for liquidity).
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Howbout Ltd Overview
Howbout Ltd is a live company located in london, EC2A 4NJ with a Companies House number of 11962821. It operates in the other information technology service activities sector, SIC Code 62090. Founded in April 2019, it's largest shareholder is neilram tanna with a 32.9% stake. Howbout Ltd is a young, small sized company, Pomanda has estimated its turnover at £3.6m with rapid growth in recent years.
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Howbout Ltd Health Check
Pomanda's financial health check has awarded Howbout Ltd a 4 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 5 areas for improvement. Company Health Check FAQs
4 Strong
1 Regular
5 Weak
Size
annual sales of £3.6m, make it smaller than the average company (£7.3m)
- Howbout Ltd
£7.3m - Industry AVG
Growth
3 year (CAGR) sales growth of 135%, show it is growing at a faster rate (7.6%)
- Howbout Ltd
7.6% - Industry AVG
Production
with a gross margin of 25.8%, this company has a higher cost of product (50.2%)
- Howbout Ltd
50.2% - Industry AVG
Profitability
an operating margin of 19.8% make it more profitable than the average company (3.4%)
- Howbout Ltd
3.4% - Industry AVG
Employees
with 12 employees, this is below the industry average (47)
12 - Howbout Ltd
47 - Industry AVG
Pay Structure
on an average salary of £71.3k, the company has an equivalent pay structure (£71.3k)
- Howbout Ltd
£71.3k - Industry AVG
Efficiency
resulting in sales per employee of £302.9k, this is more efficient (£171.7k)
- Howbout Ltd
£171.7k - Industry AVG
Debtor Days
it gets paid by customers after 161 days, this is later than average (54 days)
- Howbout Ltd
54 days - Industry AVG
Creditor Days
its suppliers are paid after 9 days, this is quicker than average (34 days)
- Howbout Ltd
34 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Howbout Ltd
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Howbout Ltd
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 3.2%, this is a lower level of debt than the average (64.7%)
3.2% - Howbout Ltd
64.7% - Industry AVG
HOWBOUT LTD financials
Howbout Ltd's latest turnover from December 2023 is estimated at £3.6 million and the company has net assets of £2.2 million. According to their latest financial statements, Howbout Ltd has 12 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2023 | Dec 2022 | Apr 2022 | Apr 2021 | Apr 2020 | |
|---|---|---|---|---|---|
| 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 | 12 | 8 | 6 | 4 | 4 |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Dec 2022 | Apr 2022 | Apr 2021 | Apr 2020 | |
|---|---|---|---|---|---|
| Tangible Assets | 666,433 | 343,981 | 193,382 | 76,746 | 13,593 |
| 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 | 666,433 | 343,981 | 193,382 | 76,746 | 13,593 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 1,612,513 | 1,368,152 | 94,835 | 451,228 | 85,010 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 9,437 | 2,168 | 0 | 0 | 0 |
| Cash | 0 | 0 | 0 | 0 | 0 |
| misc current assets | 0 | 0 | 0 | 0 | 0 |
| total current assets | 1,621,950 | 1,370,320 | 94,835 | 451,228 | 85,010 |
| total assets | 2,288,383 | 1,714,301 | 288,217 | 527,974 | 98,603 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 72,184 | 38,449 | 60,935 | 21,056 | 16,881 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 72,184 | 38,449 | 60,935 | 21,056 | 16,881 |
| loans | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 500 |
| other liabilities | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 0 | 500 |
| total liabilities | 72,184 | 38,449 | 60,935 | 21,056 | 17,381 |
| net assets | 2,216,199 | 1,675,852 | 227,282 | 506,918 | 81,222 |
| total shareholders funds | 2,216,199 | 1,675,852 | 227,282 | 506,918 | 81,222 |
| Dec 2023 | Dec 2022 | Apr 2022 | Apr 2021 | Apr 2020 | |
|---|---|---|---|---|---|
| Operating Activities | |||||
| Operating Profit | |||||
| Depreciation | |||||
| Amortisation | |||||
| Tax | |||||
| Stock | 0 | 0 | 0 | 0 | 0 |
| Debtors | 251,630 | 919,092 | -356,393 | 366,218 | 85,010 |
| Creditors | 33,735 | 17,393 | 39,879 | 4,175 | 16,881 |
| Accruals and Deferred Income | 0 | 0 | 0 | -500 | 500 |
| 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 | 0 | 0 | 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 | 0 | 0 | 0 | 0 | 0 |
| overdraft | 0 | 0 | 0 | 0 | 0 |
| change in cash | 0 | 0 | 0 | 0 | 0 |
howbout ltd Credit Report and Business Information
Howbout Ltd Competitor Analysis
Perform a competitor analysis for howbout ltd by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other small companies, companies in EC2A area or any other competitors across 12 key performance metrics.
howbout ltd Ownership
HOWBOUT LTD group structure
Howbout Ltd has no subsidiary companies.
Ultimate parent company
HOWBOUT LTD
11962821
howbout ltd directors
Howbout Ltd currently has 6 directors. The longest serving directors include Mr Duncan Cowan (Apr 2019) and Mr Jacob Jenner (Apr 2019).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Duncan Cowan | England | 31 years | Apr 2019 | - | Director |
| Mr Jacob Jenner | England | 31 years | Apr 2019 | - | Director |
| Mr Neilram Tanna | England | 32 years | Aug 2019 | - | Director |
| Mrs Claire Nooriala | England | 46 years | Mar 2020 | - | Director |
| Mr Sameer Singh | England | 40 years | Sep 2022 | - | Director |
| Mr Chi-Hua Chien | United States | 47 years | Aug 2024 | - | Director |
P&L
December 2023turnover
3.6m
+24%
operating profit
720.5k
0%
gross margin
25.8%
-4.65%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
2.2m
+0.32%
total assets
2.3m
+0.33%
cash
0
0%
net assets
Total assets minus all liabilities
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howbout ltd company details
company number
11962821
Type
Private limited with Share Capital
industry
62090 - Other information technology and computer service activities
incorporation date
April 2019
age
5
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
December 2023
previous names
zyng technology limited (August 2020)
zync limited (August 2019)
accountant
-
auditor
-
address
runway east, 52 tabernacle street, london, EC2A 4NJ
Bank
-
Legal Advisor
-
howbout 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 howbout ltd.
howbout ltd Companies House Filings - See Documents
| date | description | view/download |
|---|
