hey broadband ltd
hey broadband ltd Company Information
Company Number
11992003
Website
-Registered Address
3rd floor 1 ashley road, altrincham, cheshire, WA14 2DT
Industry
Other telecommunications activities
Telephone
448081681616
Next Accounts Due
May 2025
Group Structure
View All
Shareholders
f & w networks ltd 100%
hey broadband ltd Estimated Valuation
Pomanda estimates the enterprise value of HEY BROADBAND LTD at £1.7m based on a Turnover of £2m and 0.87x industry multiple (adjusted for size and gross margin).
hey broadband ltd Estimated Valuation
Pomanda estimates the enterprise value of HEY BROADBAND LTD at £0 based on an EBITDA of £-6.8m and a 3.57x industry multiple (adjusted for size and gross margin).
hey broadband ltd Estimated Valuation
Pomanda estimates the enterprise value of HEY BROADBAND LTD at £0 based on Net Assets of £-10.4m and 2.66x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Hey Broadband Ltd Overview
Hey Broadband Ltd is a live company located in cheshire, WA14 2DT with a Companies House number of 11992003. It operates in the other telecommunications activities sector, SIC Code 61900. Founded in May 2019, it's largest shareholder is f & w networks ltd with a 100% stake. Hey Broadband Ltd is a young, small sized company, Pomanda has estimated its turnover at £2m with rapid growth in recent years.
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Hey Broadband Ltd Health Check
Pomanda's financial health check has awarded Hey Broadband Ltd a 2 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
3 Strong
2 Regular
6 Weak
Size
annual sales of £2m, make it smaller than the average company (£12.9m)
- Hey Broadband Ltd
£12.9m - Industry AVG
Growth
3 year (CAGR) sales growth of 149%, show it is growing at a faster rate (4.4%)
- Hey Broadband Ltd
4.4% - Industry AVG
Production
with a gross margin of 39.5%, this company has a comparable cost of product (39.5%)
- Hey Broadband Ltd
39.5% - Industry AVG
Profitability
an operating margin of -346.7% make it less profitable than the average company (4.3%)
- Hey Broadband Ltd
4.3% - Industry AVG
Employees
with 16 employees, this is below the industry average (55)
16 - Hey Broadband Ltd
55 - Industry AVG
Pay Structure
on an average salary of £59.7k, the company has an equivalent pay structure (£59.7k)
- Hey Broadband Ltd
£59.7k - Industry AVG
Efficiency
resulting in sales per employee of £122.4k, this is less efficient (£225.2k)
- Hey Broadband Ltd
£225.2k - Industry AVG
Debtor Days
it gets paid by customers after 14 days, this is earlier than average (40 days)
- Hey Broadband Ltd
40 days - Industry AVG
Creditor Days
its suppliers are paid after 134 days, this is slower than average (44 days)
- Hey Broadband Ltd
44 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Hey Broadband Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 1 weeks, this is less cash available to meet short term requirements (8 weeks)
1 weeks - Hey Broadband Ltd
8 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 1938.3%, this is a higher level of debt than the average (64.4%)
1938.3% - Hey Broadband Ltd
64.4% - Industry AVG
HEY BROADBAND LTD financials
Hey Broadband Ltd's latest turnover from August 2023 is estimated at £2 million and the company has net assets of -£10.4 million. According to their latest financial statements, Hey Broadband Ltd has 16 employees and maintains cash reserves of £346 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Aug 2023 | Aug 2022 | Aug 2021 | May 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 | 16 | 17 | 6 | 1 |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Aug 2023 | Aug 2022 | Aug 2021 | May 2020 | |
|---|---|---|---|---|
| Tangible Assets | 578 | 222 | 378 | 0 |
| Intangible Assets | 114,196 | 53,317 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 114,774 | 53,539 | 378 | 0 |
| Stock & work in progress | 0 | 0 | 0 | 0 |
| Trade Debtors | 78,778 | 6,278 | 0 | 2,993 |
| Group Debtors | 0 | 0 | 0 | 0 |
| Misc Debtors | 26,528 | 148,996 | 20,728 | 0 |
| Cash | 346,020 | 76,788 | 88,552 | 0 |
| misc current assets | 0 | 0 | 0 | 0 |
| total current assets | 451,326 | 232,062 | 109,280 | 2,993 |
| total assets | 566,100 | 285,601 | 109,658 | 2,993 |
| Bank overdraft | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 |
| Trade Creditors | 437,597 | 85,712 | 3,837 | 40,878 |
| Group/Directors Accounts | 9,666,672 | 3,594,185 | 773,604 | 0 |
| other short term finances | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 |
| other current liabilities | 868,163 | 229,870 | 166,437 | 0 |
| total current liabilities | 10,972,432 | 3,909,767 | 943,878 | 40,878 |
| loans | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 0 |
| total liabilities | 10,972,432 | 3,909,767 | 943,878 | 40,878 |
| net assets | -10,406,332 | -3,624,166 | -834,220 | -37,885 |
| total shareholders funds | -10,406,332 | -3,624,166 | -834,220 | -37,885 |
| Aug 2023 | Aug 2022 | Aug 2021 | May 2020 | |
|---|---|---|---|---|
| Operating Activities | ||||
| Operating Profit | ||||
| Depreciation | 256 | 206 | 189 | 0 |
| Amortisation | 24,827 | 0 | 0 | 0 |
| Tax | ||||
| Stock | 0 | 0 | 0 | 0 |
| Debtors | -49,968 | 134,546 | 17,735 | 2,993 |
| Creditors | 351,885 | 81,875 | -37,041 | 40,878 |
| Accruals and Deferred Income | 638,293 | 63,433 | 166,437 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 |
| Cash flow from operations | ||||
| Investing Activities | ||||
| capital expenditure | ||||
| Change in Investments | 0 | 0 | 0 | 0 |
| cash flow from investments | ||||
| Financing Activities | ||||
| Bank loans | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 6,072,487 | 2,820,581 | 773,604 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 |
| share issue | ||||
| interest | ||||
| cash flow from financing | ||||
| cash and cash equivalents | ||||
| cash | 269,232 | -11,764 | 88,552 | 0 |
| overdraft | 0 | 0 | 0 | 0 |
| change in cash | 269,232 | -11,764 | 88,552 | 0 |
hey broadband ltd Credit Report and Business Information
Hey Broadband Ltd Competitor Analysis
Perform a competitor analysis for hey broadband ltd by selecting its closest rivals and benchmarking them against 12 key performance metrics.
hey broadband ltd Ownership
HEY BROADBAND LTD group structure
Hey Broadband Ltd has no subsidiary companies.
hey broadband ltd directors
Hey Broadband Ltd currently has 5 directors. The longest serving directors include Mr Carlos Bock Montero (May 2019) and Mr Carlos Bock (May 2019).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Carlos Bock Montero | United Kingdom | 45 years | May 2019 | - | Director |
| Mr Carlos Bock | United Kingdom | 45 years | May 2019 | - | Director |
| Mr Alberto Kader Israelski | Costa Rica | 59 years | Nov 2023 | - | Director |
| Ms Jaime Mascaro Rubert | Spain | 43 years | Nov 2023 | - | Director |
| Mr Amit Thakrar | United Kingdom | 36 years | Nov 2023 | - | Director |
P&L
August 2023turnover
2m
+47%
operating profit
-6.8m
0%
gross margin
39.5%
+5.67%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
August 2023net assets
-10.4m
+1.87%
total assets
566.1k
+0.98%
cash
346k
+3.51%
net assets
Total assets minus all liabilities
Similar Companies
hey broadband ltd company details
company number
11992003
Type
Private limited with Share Capital
industry
61900 - Other telecommunications activities
incorporation date
May 2019
age
5
accounts
Small Company
ultimate parent company
previous names
N/A
incorporated
UK
address
3rd floor 1 ashley road, altrincham, cheshire, WA14 2DT
last accounts submitted
August 2023
hey broadband 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 found 1 charges/mortgages relating to hey broadband ltd. Currently there are 1 open charges and 0 have been satisfied in the past.
hey broadband ltd Companies House Filings - See Documents
| date | description | view/download |
|---|
