the boiler house bury new road, breightmet, bolton, BL2 6QE
Website
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trade hut direct limitedEstimated Valuation
£134.3k
Pomanda estimates the enterprise value of TRADE HUT DIRECT LIMITED at £134.3k based on a Turnover of £556k and 0.24x industry multiple (adjusted for size and gross margin).
trade hut direct limitedEstimated Valuation
£16.2k
Pomanda estimates the enterprise value of TRADE HUT DIRECT LIMITED at £16.2k based on an EBITDA of £5.7k and a 2.87x industry multiple (adjusted for size and gross margin).
trade hut direct limitedEstimated Valuation
£14k
Pomanda estimates the enterprise value of TRADE HUT DIRECT LIMITED at £14k based on Net Assets of £6.5k and 2.14x industry multiple (adjusted for liquidity).
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Trade Hut Direct LimitedOverview
Trade Hut Direct Limited is a live company located in bolton, BL2 6QE with a Companies House number of 12109403. It operates in the retail sale via mail order houses or via internet sector, SIC Code 47910. Founded in July 2019, it's largest shareholder is
christopher fletcher warbrick
with a 50% stake. Trade Hut Direct Limited is a young,
small sized company, Pomanda has estimated its turnover at
£556k with
rapid
growth in recent years.
Pomanda's financial health check has awarded Trade Hut Direct Limited a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 6 measures and has 5 areas for improvement. Company Health Check FAQs
Health Rating4.5out of 5
6 Strong
1 Regular
5 Weak
Size
annual sales of £556k, make it larger than the average company (£308.5k)
£556k - Trade Hut Direct Limited
£308.5k - Industry AVG
Growth
3 year (CAGR) sales growth of 50%, show it is growing at a faster rate (3.5%)
50% - Trade Hut Direct Limited
3.5% - Industry AVG
Production
with a gross margin of 19.5%, this company has a higher cost of product (36.1%)
19.5% - Trade Hut Direct Limited
36.1% - Industry AVG
Profitability
an operating margin of -0.3% make it less profitable than the average company (2.7%)
-0.3% - Trade Hut Direct Limited
2.7% - Industry AVG
Employees
with 2 employees, this is below the industry average (4)
2 - Trade Hut Direct Limited
4 - Industry AVG
Pay Structure
on an average salary of £28.6k, the company has an equivalent pay structure (£28.6k)
£28.6k - Trade Hut Direct Limited
£28.6k - Industry AVG
Efficiency
resulting in sales per employee of £278k, this is more efficient (£159.8k)
£278k - Trade Hut Direct Limited
£159.8k - Industry AVG
Debtor Days
it gets paid by customers after 76 days, this is later than average (22 days)
76 days - Trade Hut Direct Limited
22 days - Industry AVG
Creditor Days
its suppliers are paid after 236 days, this is slower than average (32 days)
236 days - Trade Hut Direct Limited
32 days - Industry AVG
Stock Days
it holds stock equivalent to 1 days, this is less than average (81 days)
1 days - Trade Hut Direct Limited
81 days - Industry AVG
Cash Balance
has cash to cover current liabilities
for 31 weeks, this is more cash available to meet short term requirements (17 weeks)
31 weeks - Trade Hut Direct Limited
17 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 97.9%, this is a higher level of debt than the average (73.4%)
97.9% - Trade Hut Direct Limited
73.4% - Industry AVG
TRADE HUT DIRECT LIMITED financials
EXPORT
Trade Hut Direct Limited's latest turnover from May 2024 is estimated at £556 thousand and the company has net assets of £6.5 thousand. According to their latest financial statements, Trade Hut Direct Limited has 2 employees and maintains cash reserves of £176.3 thousand as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
May 2024
May 2023
May 2022
May 2021
Jul 2020
Turnover
556,045
375,114
119,544
164,226
98
Other Income Or Grants
Cost Of Sales
447,790
300,270
95,407
126,546
76
Gross Profit
108,254
74,845
24,137
37,680
22
Admin Expenses
109,806
101,582
12,137
17,268
22
Operating Profit
-1,552
-26,737
12,000
20,412
Interest Payable
Interest Receivable
6,150
2,882
769
42
Pre-Tax Profit
4,597
-23,855
12,769
20,454
Tax
-1,149
-2,426
-3,886
Profit After Tax
3,448
-23,855
10,343
16,568
Dividends Paid
Retained Profit
3,448
-23,855
10,343
16,568
Employee Costs
57,100
27,059
27,236
27,164
25,832
Number Of Employees
2
1
1
1
1
EBITDA*
5,653
-22,574
15,200
23,394
* Earnings Before Interest, Tax, Depreciation and Amortisation
May 2024
May 2023
May 2022
May 2021
Jul 2020
Tangible Assets
20,783
10,469
8,770
8,945
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
20,783
10,469
8,770
8,945
Stock & work in progress
1,500
2,887
4,686
2,000
Trade Debtors
116,727
98,453
31,434
44,512
24
Group Debtors
Misc Debtors
Cash
176,255
58,022
70,084
83,717
misc current assets
total current assets
294,482
159,362
106,204
130,229
24
total assets
315,265
169,831
114,974
139,174
24
Bank overdraft
Bank loan
Trade Creditors
290,349
130,595
42,206
70,996
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
total current liabilities
290,349
130,595
42,206
70,996
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
14,167
34,167
44,167
50,000
provisions
4,221
1,989
1,666
1,586
total long term liabilities
18,388
36,156
45,833
51,586
total liabilities
308,737
166,751
88,039
122,582
net assets
6,528
3,080
26,935
16,592
24
total shareholders funds
6,528
3,080
26,935
16,592
24
May 2024
May 2023
May 2022
May 2021
Jul 2020
Operating Activities
Operating Profit
-1,552
-26,737
12,000
20,412
Depreciation
7,205
4,163
3,200
2,982
Amortisation
Tax
-1,149
-2,426
-3,886
Stock
-1,387
-1,799
2,686
2,000
Debtors
18,274
67,019
-13,078
44,488
24
Creditors
159,754
88,389
-28,790
70,996
Accruals and Deferred Income
Deferred Taxes & Provisions
2,232
323
80
1,586
Cash flow from operations
149,603
918
-5,544
45,602
-24
Investing Activities
capital expenditure
-17,519
-5,862
-3,025
-11,927
Change in Investments
cash flow from investments
-17,519
-5,862
-3,025
-11,927
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
-20,000
-10,000
-5,833
50,000
share issue
24
interest
6,150
2,882
769
42
cash flow from financing
-13,850
-7,118
-5,064
50,042
24
cash and cash equivalents
cash
118,233
-12,062
-13,633
83,717
overdraft
change in cash
118,233
-12,062
-13,633
83,717
trade hut direct 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 trade hut direct limited. Get real-time insights into trade hut direct limited's credit score, group structure and payment trends.
Perform a competitor analysis for trade hut direct limited by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other small companies, companies in BL2 area or any other competitors across 12 key performance metrics.
trade hut direct limited Ownership
TRADE HUT DIRECT LIMITED group structure
Trade Hut Direct Limited has no subsidiary companies.
Ultimate parent company
TRADE HUT DIRECT LIMITED
12109403
TRADE HUT DIRECT LIMITED Shareholders
The largest shareholders in Trade Hut Direct Limited include Christopher Fletcher Warbrick and Martyn Stuttard.
christopher fletcher warbrick
50%
martyn stuttard
50%
trade hut direct limited directors
Trade Hut Direct Limited currently has 2 directors.
The longest serving directors include
Mr Christopher Warbrick (Jul 2019) and
Mr Martyn Stuttard (Oct 2021).
47910 - Retail sale via mail order houses or via Internet
incorporation date
July 2019
age
6
incorporated
UK
ultimate parent company
None
accounts
Unaudited Abridged
last accounts submitted
May 2024
previous names
N/A
accountant
RIVINGTON ACCOUNTS LTD
auditor
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address
the boiler house bury new road, breightmet, bolton, BL2 6QE
Bank
-
Legal Advisor
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trade hut direct 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 did not find charges/mortgages relating to trade hut direct limited.
trade hut direct 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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trade hut direct limitedCompanies House Filings - See Documents
