hoship group (holdings) limited
hoship group (holdings) limited Company Information
Company Number
12526692
Next Accounts
Mar 2025
Shareholders
stuart richard howard
robert alexander howard
View AllGroup Structure
View All
Industry
Activities of other holding companies (not including agricultural, production, construction, distribution and financial services holding companies) n.e.c.
Registered Address
c/o howard shipping services lim, showell road, wolverhampton, WV10 9JY
Website
hoship.comhoship group (holdings) limited Estimated Valuation
Pomanda estimates the enterprise value of HOSHIP GROUP (HOLDINGS) LIMITED at £34.6m based on a Turnover of £20.4m and 1.7x industry multiple (adjusted for size and gross margin).
hoship group (holdings) limited Estimated Valuation
Pomanda estimates the enterprise value of HOSHIP GROUP (HOLDINGS) LIMITED at £39.8m based on an EBITDA of £5.6m and a 7.05x industry multiple (adjusted for size and gross margin).
hoship group (holdings) limited Estimated Valuation
Pomanda estimates the enterprise value of HOSHIP GROUP (HOLDINGS) LIMITED at £17.9m based on Net Assets of £13.3m and 1.34x industry multiple (adjusted for liquidity).
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Hoship Group (holdings) Limited Overview
Hoship Group (holdings) Limited is a live company located in wolverhampton, WV10 9JY with a Companies House number of 12526692. It operates in the activities of other holding companies n.e.c. sector, SIC Code 64209. Founded in March 2020, it's largest shareholder is stuart richard howard with a 83.5% stake. Hoship Group (holdings) Limited is a young, large sized company, Pomanda has estimated its turnover at £20.4m with unknown growth in recent years.
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Hoship Group (holdings) Limited Health Check
Pomanda's financial health check has awarded Hoship Group (Holdings) Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 6 measures and has 1 areas for improvement. Company Health Check FAQs
6 Strong
4 Regular
1 Weak
Size
annual sales of £20.4m, make it in line with the average company (£18.6m)
£20.4m - Hoship Group (holdings) Limited
£18.6m - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Hoship Group (holdings) Limited
- - Industry AVG
Production
with a gross margin of 37.1%, this company has a comparable cost of product (34.8%)
37.1% - Hoship Group (holdings) Limited
34.8% - Industry AVG
Profitability
an operating margin of 27.3% make it more profitable than the average company (4.7%)
27.3% - Hoship Group (holdings) Limited
4.7% - Industry AVG
Employees
with 20 employees, this is below the industry average (104)
20 - Hoship Group (holdings) Limited
104 - Industry AVG
Pay Structure
on an average salary of £40.2k, the company has an equivalent pay structure (£42.6k)
£40.2k - Hoship Group (holdings) Limited
£42.6k - Industry AVG
Efficiency
resulting in sales per employee of £1m, this is more efficient (£185k)
£1m - Hoship Group (holdings) Limited
£185k - Industry AVG
Debtor Days
it gets paid by customers after 53 days, this is near the average (46 days)
53 days - Hoship Group (holdings) Limited
46 days - Industry AVG
Creditor Days
its suppliers are paid after 58 days, this is slower than average (45 days)
58 days - Hoship Group (holdings) Limited
45 days - Industry AVG
Stock Days
it holds stock equivalent to 13 days, this is less than average (39 days)
13 days - Hoship Group (holdings) Limited
39 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 162 weeks, this is more cash available to meet short term requirements (14 weeks)
162 weeks - Hoship Group (holdings) Limited
14 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 19.9%, this is a lower level of debt than the average (69.2%)
19.9% - Hoship Group (holdings) Limited
69.2% - Industry AVG
HOSHIP GROUP (HOLDINGS) LIMITED financials
Hoship Group (Holdings) Limited's latest turnover from June 2023 is £20.4 million and the company has net assets of £13.3 million. According to their latest financial statements, Hoship Group (Holdings) Limited has 20 employees and maintains cash reserves of £9.2 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jun 2023 | Jun 2022 | Jun 2021 | |
|---|---|---|---|
| Turnover | 20,374,308 | 23,681,128 | 13,234,870 |
| Other Income Or Grants | |||
| Cost Of Sales | 12,807,017 | 16,471,134 | 9,447,227 |
| Gross Profit | 7,567,291 | 7,209,994 | 3,787,643 |
| Admin Expenses | 2,006,540 | 1,235,141 | 1,071,638 |
| Operating Profit | 5,560,751 | 5,974,853 | 2,716,005 |
| Interest Payable | 27,281 | 12,779 | 12,109 |
| Interest Receivable | 1,839 | 10 | 551 |
| Pre-Tax Profit | 5,535,309 | 5,962,084 | 2,704,447 |
| Tax | -1,086,518 | -1,096,943 | -416,173 |
| Profit After Tax | 4,448,791 | 4,865,141 | 2,288,274 |
| Dividends Paid | 505,000 | 350,000 | 315,000 |
| Retained Profit | 3,943,791 | 4,515,141 | 1,973,274 |
| Employee Costs | 804,171 | 766,571 | 845,052 |
| Number Of Employees | 20 | 20 | 20 |
| EBITDA* | 5,649,560 | 6,130,175 | 2,815,375 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jun 2023 | Jun 2022 | Jun 2021 | |
|---|---|---|---|
| Tangible Assets | 2,172,169 | 1,366,646 | 1,172,401 |
| Intangible Assets | |||
| Investments & Other | 1,667,213 | 338,626 | 338,626 |
| Debtors (Due After 1 year) | |||
| Total Fixed Assets | 3,839,382 | 1,705,272 | 1,511,027 |
| Stock & work in progress | 485,992 | 740,168 | 185,768 |
| Trade Debtors | 2,980,900 | 5,108,738 | 2,444,490 |
| Group Debtors | |||
| Misc Debtors | 88,592 | 70,036 | 120,610 |
| Cash | 9,236,674 | 6,188,784 | 2,839,009 |
| misc current assets | 500 | ||
| total current assets | 12,792,658 | 12,107,726 | 5,589,877 |
| total assets | 16,632,040 | 13,812,998 | 7,100,904 |
| Bank overdraft | |||
| Bank loan | |||
| Trade Creditors | 2,039,669 | 3,567,033 | 1,677,216 |
| Group/Directors Accounts | 311 | 16,614 | 9,278 |
| other short term finances | 160,424 | 198,893 | 155,627 |
| hp & lease commitments | 48,417 | 34,972 | 18,930 |
| other current liabilities | 711,125 | 829,852 | 542,512 |
| total current liabilities | 2,959,946 | 4,647,364 | 2,403,563 |
| loans | 120,579 | 278,929 | |
| hp & lease commitments | 341,986 | 237,424 | 125,922 |
| Accruals and Deferred Income | |||
| other liabilities | |||
| provisions | |||
| total long term liabilities | 341,986 | 358,003 | 404,851 |
| total liabilities | 3,301,932 | 5,005,367 | 2,808,414 |
| net assets | 13,330,108 | 8,807,631 | 4,292,490 |
| total shareholders funds | 13,330,108 | 8,807,631 | 4,292,490 |
| Jun 2023 | Jun 2022 | Jun 2021 | |
|---|---|---|---|
| Operating Activities | |||
| Operating Profit | 5,560,751 | 5,974,853 | 2,716,005 |
| Depreciation | 88,809 | 155,322 | 98,597 |
| Amortisation | 773 | ||
| Tax | -1,086,518 | -1,096,943 | -416,173 |
| Stock | -254,176 | 554,400 | 185,768 |
| Debtors | -2,109,282 | 2,613,674 | 2,565,100 |
| Creditors | -1,527,364 | 1,889,817 | 1,677,216 |
| Accruals and Deferred Income | -118,727 | 287,340 | 542,512 |
| Deferred Taxes & Provisions | |||
| Cash flow from operations | 5,280,409 | 4,042,315 | 1,868,062 |
| Investing Activities | |||
| capital expenditure | |||
| Change in Investments | 1,328,587 | 338,626 | |
| cash flow from investments | -1,328,587 | -338,626 | |
| Financing Activities | |||
| Bank loans | |||
| Group/Directors Accounts | -16,303 | 7,336 | 9,278 |
| Other Short Term Loans | -38,469 | 43,266 | 155,627 |
| Long term loans | -120,579 | -158,350 | 278,929 |
| Hire Purchase and Lease Commitments | 118,007 | 127,544 | 144,852 |
| other long term liabilities | |||
| share issue | |||
| interest | -25,442 | -12,769 | -11,558 |
| cash flow from financing | 495,900 | 7,027 | 2,896,344 |
| cash and cash equivalents | |||
| cash | 3,047,890 | 3,349,775 | 2,839,009 |
| overdraft | |||
| change in cash | 3,047,890 | 3,349,775 | 2,839,009 |
hoship group (holdings) limited Credit Report and Business Information
Hoship Group (holdings) Limited Competitor Analysis
Perform a competitor analysis for hoship group (holdings) limited by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other large companies, companies in WV10 area or any other competitors across 12 key performance metrics.
hoship group (holdings) limited Ownership
HOSHIP GROUP (HOLDINGS) LIMITED group structure
Hoship Group (Holdings) Limited has 2 subsidiary companies.
Ultimate parent company
HOSHIP GROUP (HOLDINGS) LIMITED
12526692
2 subsidiaries
hoship group (holdings) limited directors
Hoship Group (Holdings) Limited currently has 2 directors. The longest serving directors include Mr Peter Howard (Mar 2020) and Mr Stuart Howard (Mar 2020).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Peter Howard | 79 years | Mar 2020 | - | Director | |
| Mr Stuart Howard | United Kingdom | 46 years | Mar 2020 | - | Director |
P&L
June 2023turnover
20.4m
-14%
operating profit
5.6m
-7%
gross margin
37.2%
+21.99%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
June 2023net assets
13.3m
+0.51%
total assets
16.6m
+0.2%
cash
9.2m
+0.49%
net assets
Total assets minus all liabilities
Similar Companies
hoship group (holdings) limited company details
company number
12526692
Type
Private limited with Share Capital
industry
64209 - Activities of other holding companies (not including agricultural, production, construction, distribution and financial services holding companies) n.e.c.
incorporation date
March 2020
age
5
incorporated
UK
ultimate parent company
accounts
Group
last accounts submitted
June 2023
previous names
N/A
accountant
-
auditor
CROMBIES ACCOUNTANTS LTD
address
c/o howard shipping services lim, showell road, wolverhampton, WV10 9JY
Bank
-
Legal Advisor
-
hoship group (holdings) 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 hoship group (holdings) limited.
hoship group (holdings) 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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hoship group (holdings) limited Companies House Filings - See Documents
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