hgd london road 2 limited
hgd london road 2 limited Company Information
Company Number
12513246
Next Accounts
Jul 2025
Shareholders
christopher furniss benham
kevin joseph quinn
Group Structure
View All
Industry
Development of building projects
Registered Address
4 hunting gate, hitchin, hertfordshire, SG4 0TJ
Website
-hgd london road 2 limited Estimated Valuation
Pomanda estimates the enterprise value of HGD LONDON ROAD 2 LIMITED at £766.9k based on a Turnover of £1.5m and 0.51x industry multiple (adjusted for size and gross margin).
hgd london road 2 limited Estimated Valuation
Pomanda estimates the enterprise value of HGD LONDON ROAD 2 LIMITED at £0 based on an EBITDA of £-40.6k and a 3.93x industry multiple (adjusted for size and gross margin).
hgd london road 2 limited Estimated Valuation
Pomanda estimates the enterprise value of HGD LONDON ROAD 2 LIMITED at £0 based on Net Assets of £-109.1k and 1.49x industry multiple (adjusted for liquidity).
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Hgd London Road 2 Limited Overview
Hgd London Road 2 Limited is a live company located in hertfordshire, SG4 0TJ with a Companies House number of 12513246. It operates in the development of building projects sector, SIC Code 41100. Founded in March 2020, it's largest shareholder is christopher furniss benham with a 50% stake. Hgd London Road 2 Limited is a young, small sized company, Pomanda has estimated its turnover at £1.5m with unknown growth in recent years.
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Hgd London Road 2 Limited Health Check
Pomanda's financial health check has awarded Hgd London Road 2 Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 4 areas for improvement. Company Health Check FAQs
2 Strong
3 Regular
4 Weak
Size
annual sales of £1.5m, make it smaller than the average company (£2.2m)
- Hgd London Road 2 Limited
£2.2m - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Hgd London Road 2 Limited
- - Industry AVG
Production
with a gross margin of 26.7%, this company has a comparable cost of product (26.7%)
- Hgd London Road 2 Limited
26.7% - Industry AVG
Profitability
an operating margin of -2.7% make it less profitable than the average company (6.9%)
- Hgd London Road 2 Limited
6.9% - Industry AVG
Employees
with 3 employees, this is below the industry average (6)
3 - Hgd London Road 2 Limited
6 - Industry AVG
Pay Structure
on an average salary of £47.3k, the company has an equivalent pay structure (£47.3k)
- Hgd London Road 2 Limited
£47.3k - Industry AVG
Efficiency
resulting in sales per employee of £500.3k, this is more efficient (£270.8k)
- Hgd London Road 2 Limited
£270.8k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Hgd London Road 2 Limited
- - Industry AVG
Creditor Days
its suppliers are paid after 76 days, this is slower than average (31 days)
- Hgd London Road 2 Limited
31 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Hgd London Road 2 Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 10 weeks, this is average cash available to meet short term requirements (13 weeks)
10 weeks - Hgd London Road 2 Limited
13 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 139.1%, this is a higher level of debt than the average (72.3%)
139.1% - Hgd London Road 2 Limited
72.3% - Industry AVG
HGD LONDON ROAD 2 LIMITED financials
Hgd London Road 2 Limited's latest turnover from October 2023 is estimated at £1.5 million and the company has net assets of -£109.1 thousand. According to their latest financial statements, Hgd London Road 2 Limited has 3 employees and maintains cash reserves of £81.8 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Oct 2023 | Oct 2022 | Nov 2021 | Mar 2021 | |
|---|---|---|---|---|
| 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 | 3 | 3 | 3 |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Oct 2023 | Oct 2022 | Nov 2021 | Mar 2021 | |
|---|---|---|---|---|
| Tangible Assets | ||||
| Intangible Assets | ||||
| Investments & Other | 701,750 | |||
| Debtors (Due After 1 year) | ||||
| Total Fixed Assets | 701,750 | |||
| Stock & work in progress | 11,357 | |||
| Trade Debtors | ||||
| Group Debtors | ||||
| Misc Debtors | 12,833 | 122,979 | 100 | 139,614 |
| Cash | 81,795 | 1,463,849 | 544,628 | 7,260 |
| misc current assets | 184,155 | 288,411 | ||
| total current assets | 278,783 | 1,875,239 | 556,085 | 146,874 |
| total assets | 278,783 | 1,875,239 | 1,257,835 | 146,874 |
| Bank overdraft | ||||
| Bank loan | ||||
| Trade Creditors | 230,364 | 149,999 | 40,992 | 1 |
| Group/Directors Accounts | 200,610 | 146,774 | ||
| other short term finances | ||||
| hp & lease commitments | ||||
| other current liabilities | 157,512 | 1,834,332 | 492,283 | |
| total current liabilities | 387,876 | 1,984,331 | 733,885 | 146,775 |
| loans | ||||
| hp & lease commitments | ||||
| Accruals and Deferred Income | ||||
| other liabilities | ||||
| provisions | ||||
| total long term liabilities | ||||
| total liabilities | 387,876 | 1,984,331 | 733,885 | 146,775 |
| net assets | -109,093 | -109,092 | 523,950 | 99 |
| total shareholders funds | -109,093 | -109,092 | 523,950 | 99 |
| Oct 2023 | Oct 2022 | Nov 2021 | Mar 2021 | |
|---|---|---|---|---|
| Operating Activities | ||||
| Operating Profit | ||||
| Depreciation | ||||
| Amortisation | ||||
| Tax | ||||
| Stock | -11,357 | 11,357 | ||
| Debtors | -110,146 | 122,879 | 100 | 139,614 |
| Creditors | 80,365 | 109,007 | 40,992 | 1 |
| Accruals and Deferred Income | -1,676,820 | 1,342,049 | 492,283 | |
| Deferred Taxes & Provisions | ||||
| Cash flow from operations | ||||
| Investing Activities | ||||
| capital expenditure | ||||
| Change in Investments | -701,750 | 701,750 | ||
| cash flow from investments | ||||
| Financing Activities | ||||
| Bank loans | ||||
| Group/Directors Accounts | -200,610 | 200,610 | 146,774 | |
| Other Short Term Loans | ||||
| Long term loans | ||||
| Hire Purchase and Lease Commitments | ||||
| other long term liabilities | ||||
| share issue | ||||
| interest | ||||
| cash flow from financing | ||||
| cash and cash equivalents | ||||
| cash | -1,382,054 | 919,221 | 544,628 | 7,260 |
| overdraft | ||||
| change in cash | -1,382,054 | 919,221 | 544,628 | 7,260 |
hgd london road 2 limited Credit Report and Business Information
Hgd London Road 2 Limited Competitor Analysis
Perform a competitor analysis for hgd london road 2 limited by selecting its closest rivals, whether from the CONSTRUCTION sector, other small companies, companies in SG4 area or any other competitors across 12 key performance metrics.
hgd london road 2 limited Ownership
HGD LONDON ROAD 2 LIMITED group structure
Hgd London Road 2 Limited has no subsidiary companies.
Ultimate parent company
HGD LONDON ROAD 2 LIMITED
12513246
hgd london road 2 limited directors
Hgd London Road 2 Limited currently has 3 directors. The longest serving directors include Mr Kevin Quinn (Mar 2020) and Mr Christopher Benham (Mar 2020).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Kevin Quinn | England | 71 years | Mar 2020 | - | Director |
| Mr Christopher Benham | United Kingdom | 67 years | Mar 2020 | - | Director |
| Mr Christopher Benham | United Kingdom | 67 years | Mar 2020 | - | Director |
P&L
October 2023turnover
1.5m
+39%
operating profit
-40.6k
0%
gross margin
26.7%
+4.38%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
October 2023net assets
-109.1k
0%
total assets
278.8k
-0.85%
cash
81.8k
-0.94%
net assets
Total assets minus all liabilities
Similar Companies
hgd london road 2 limited company details
company number
12513246
Type
Private limited with Share Capital
industry
41100 - Development of building projects
incorporation date
March 2020
age
5
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
October 2023
previous names
N/A
accountant
-
auditor
-
address
4 hunting gate, hitchin, hertfordshire, SG4 0TJ
Bank
-
Legal Advisor
-
hgd london road 2 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 found 1 charges/mortgages relating to hgd london road 2 limited. Currently there are 1 open charges and 0 have been satisfied in the past.
hgd london 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.
Click to start generating capital raising & share issue transactions for HGD LONDON ROAD 2 LIMITED. This can take several minutes, an email will notify you when this has completed.
hgd london road 2 limited Companies House Filings - See Documents
| date | description | view/download |
|---|
