head east ltd
head east ltd Company Information
Company Number
12164691
Website
https://www.abercore.comRegistered Address
50 sloane avenue, c/o abercore ltd, london, SW3 3DD
Industry
Non-specialised wholesale of food, beverages and tobacco
Telephone
02031294804
Next Accounts Due
April 2024
Group Structure
View All
Shareholders
abercore limited 90%
adelaide wickham 10%
head east ltd Estimated Valuation
The estimated valuation range for head east ltd, derived from financial data as of February 2022 and the most recent industry multiples, is between £0 to £5.4k
head east ltd Estimated Valuation
The estimated valuation range for head east ltd, derived from financial data as of February 2022 and the most recent industry multiples, is between £0 to £5.4k
head east ltd Estimated Valuation
The estimated valuation range for head east ltd, derived from financial data as of February 2022 and the most recent industry multiples, is between £0 to £5.4k
Get a detailed valuation report, edit figures and unlock valuation multiples.
Head East Ltd AI Business Plan
In just minutes, we combine Pomanda’s company and industry data with cutting edge Artificial Intelligence to build a comprehensive 27 section business plan. You then have 60 days to tailor the information, decide which sections to include or exclude, and add your own branding logos, images and color scheme to create your perfect plan.
Head East Ltd Overview
Head East Ltd is a dissolved company that was located in london, SW3 3DD with a Companies House number of 12164691. It operated in the non-specialised wholesale of food, beverages and tobacco sector, SIC Code 46390. Founded in August 2019, it's largest shareholder was abercore limited with a 90% stake. The last turnover for Head East Ltd was estimated at £26.5k.
Upgrade for unlimited company reports & a free credit check
Head East Ltd Health Check
Pomanda's financial health check has awarded Head East Ltd a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 7 areas for improvement. Company Health Check FAQs
2 Strong
2 Regular
7 Weak
Size
annual sales of £26.5k, make it smaller than the average company (£25.5m)
- Head East Ltd
£25.5m - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Head East Ltd
- - Industry AVG
Production
with a gross margin of 19.8%, this company has a comparable cost of product (19.8%)
- Head East Ltd
19.8% - Industry AVG
Profitability
an operating margin of -101.6% make it less profitable than the average company (2.8%)
- Head East Ltd
2.8% - Industry AVG
Employees
with 1 employees, this is below the industry average (66)
- Head East Ltd
66 - Industry AVG
Pay Structure
on an average salary of £33.8k, the company has an equivalent pay structure (£33.8k)
- Head East Ltd
£33.8k - Industry AVG
Efficiency
resulting in sales per employee of £26.5k, this is less efficient (£362.6k)
- Head East Ltd
£362.6k - Industry AVG
Debtor Days
it gets paid by customers after 0 days, this is earlier than average (38 days)
- Head East Ltd
38 days - Industry AVG
Creditor Days
its suppliers are paid after 90 days, this is slower than average (35 days)
- Head East Ltd
35 days - Industry AVG
Stock Days
it holds stock equivalent to 87 days, this is more than average (38 days)
- Head East Ltd
38 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 6 weeks, this is less cash available to meet short term requirements (14 weeks)
6 weeks - Head East Ltd
14 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 439.2%, this is a higher level of debt than the average (57.2%)
439.2% - Head East Ltd
57.2% - Industry AVG
head east ltd Credit Report and Business Information
Head East Ltd Competitor Analysis
Perform a competitor analysis for head east ltd by selecting its closest rivals and benchmarking them against 12 key performance metrics.
head east ltd Ownership
HEAD EAST LTD group structure
Head East Ltd has no subsidiary companies.
head east ltd directors
Head East Ltd currently has 3 directors. The longest serving directors include Mr Rory Wilson (Aug 2019) and Mr Luca Galbiati (Aug 2019).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Rory Wilson | England | 44 years | Aug 2019 | - | Director |
| Mr Luca Galbiati | England | 35 years | Aug 2019 | - | Director |
| Mr Simon Johnson | United Kingdom | 50 years | Aug 2019 | - | Director |
HEAD EAST LTD financials
Head East Ltd's latest turnover from February 2022 is estimated at £26.5 thousand and the company has net assets of -£40.3 thousand. According to their latest financial statements, we estimate that Head East Ltd has 1 employee and maintains cash reserves of £6.7 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Feb 2022 | Feb 2021 | Aug 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 | 3 | ||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Feb 2022 | Feb 2021 | Aug 2020 | |
|---|---|---|---|
| Tangible Assets | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 |
| Total Fixed Assets | 0 | 0 | 0 |
| Stock & work in progress | 5,094 | 1,030 | 0 |
| Trade Debtors | 16 | 87 | 0 |
| Group Debtors | 0 | 0 | 0 |
| Misc Debtors | 100 | 457 | 100 |
| Cash | 6,663 | 2,626 | 0 |
| misc current assets | 0 | 0 | 0 |
| total current assets | 11,873 | 4,200 | 100 |
| total assets | 11,873 | 4,200 | 100 |
| Bank overdraft | 47 | 0 | 0 |
| Bank loan | 0 | 0 | 0 |
| Trade Creditors | 5,285 | 1,111 | 0 |
| Group/Directors Accounts | 46,632 | 16,160 | 0 |
| other short term finances | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 |
| other current liabilities | 186 | 275 | 0 |
| total current liabilities | 52,150 | 17,546 | 0 |
| loans | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 |
| total liabilities | 52,150 | 17,546 | 0 |
| net assets | -40,277 | -13,346 | 100 |
| total shareholders funds | -40,277 | -13,346 | 100 |
| Feb 2022 | Feb 2021 | Aug 2020 | |
|---|---|---|---|
| Operating Activities | |||
| Operating Profit | |||
| Depreciation | 0 | 0 | 0 |
| Amortisation | 0 | 0 | 0 |
| Tax | |||
| Stock | 4,064 | 1,030 | 0 |
| Debtors | -428 | 444 | 100 |
| Creditors | 4,174 | 1,111 | 0 |
| Accruals and Deferred Income | -89 | 275 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 |
| Cash flow from operations | |||
| Investing Activities | |||
| capital expenditure | |||
| Change in Investments | 0 | 0 | 0 |
| cash flow from investments | |||
| Financing Activities | |||
| Bank loans | 0 | 0 | 0 |
| Group/Directors Accounts | 30,472 | 16,160 | 0 |
| Other Short Term Loans | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 |
| share issue | |||
| interest | |||
| cash flow from financing | |||
| cash and cash equivalents | |||
| cash | 4,037 | 2,626 | 0 |
| overdraft | 47 | 0 | 0 |
| change in cash | 3,990 | 2,626 | 0 |
P&L
February 2022turnover
26.5k
+356%
operating profit
-27k
0%
gross margin
19.9%
+2.87%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
February 2022net assets
-40.3k
+2.02%
total assets
11.9k
+1.83%
cash
6.7k
+1.54%
net assets
Total assets minus all liabilities
Similar Companies
head east ltd company details
company number
12164691
Type
Private limited with Share Capital
industry
46390 - Non-specialised wholesale of food, beverages and tobacco
incorporation date
August 2019
age
5
accounts
Total Exemption Full
ultimate parent company
previous names
N/A
incorporated
UK
address
50 sloane avenue, c/o abercore ltd, london, SW3 3DD
last accounts submitted
February 2022
head east 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 head east ltd.
head east ltd Companies House Filings - See Documents
| date | description | view/download |
|---|
