hiru renovations limited
hiru renovations limited Company Information
Company Number
12578791
Website
-Registered Address
62 longden road, shrewsbury, SY3 7HG
Industry
Other building completion and finishing
Telephone
-
Next Accounts Due
December 2024
Group Structure
View All
Shareholders
robert geoffrey hinds 33.3%
russell robert hinds 33.3%
View Allhiru renovations limited Estimated Valuation
Pomanda estimates the enterprise value of HIRU RENOVATIONS LIMITED at £21.8k based on a Turnover of £79.2k and 0.27x industry multiple (adjusted for size and gross margin).
hiru renovations limited Estimated Valuation
Pomanda estimates the enterprise value of HIRU RENOVATIONS LIMITED at £0 based on an EBITDA of £-532.9k and a 2.93x industry multiple (adjusted for size and gross margin).
hiru renovations limited Estimated Valuation
Pomanda estimates the enterprise value of HIRU RENOVATIONS LIMITED at £0 based on Net Assets of £-591.4k and 0.69x industry multiple (adjusted for liquidity).
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Hiru Renovations Limited Overview
Hiru Renovations Limited is a live company located in shrewsbury, SY3 7HG with a Companies House number of 12578791. It operates in the other building completion and finishing sector, SIC Code 43390. Founded in April 2020, it's largest shareholder is robert geoffrey hinds with a 33.3% stake. Hiru Renovations Limited is a startup, micro sized company, Pomanda has estimated its turnover at £79.2k with unknown growth in recent years.
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Hiru Renovations Limited Health Check
Pomanda's financial health check has awarded Hiru Renovations Limited a 0.5 rating. We use a traffic light system to show it exceeds the industry average on 0 measures and has 7 areas for improvement. Company Health Check FAQs
0 Strong
2 Regular
7 Weak
Size
annual sales of £79.2k, make it smaller than the average company (£318.2k)
- Hiru Renovations Limited
£318.2k - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Hiru Renovations Limited
- - Industry AVG
Production
with a gross margin of 14.6%, this company has a higher cost of product (24.9%)
- Hiru Renovations Limited
24.9% - Industry AVG
Profitability
an operating margin of -672.9% make it less profitable than the average company (7%)
- Hiru Renovations Limited
7% - Industry AVG
Employees
with 3 employees, this is similar to the industry average (3)
3 - Hiru Renovations Limited
3 - Industry AVG
Pay Structure
on an average salary of £32k, the company has an equivalent pay structure (£32k)
- Hiru Renovations Limited
£32k - Industry AVG
Efficiency
resulting in sales per employee of £26.4k, this is less efficient (£127k)
- Hiru Renovations Limited
£127k - Industry AVG
Debtor Days
it gets paid by customers after 89 days, this is later than average (49 days)
- Hiru Renovations Limited
49 days - Industry AVG
Creditor Days
its suppliers are paid after 14 days, this is quicker than average (31 days)
- Hiru Renovations Limited
31 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Hiru Renovations Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Hiru Renovations Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 263%, this is a higher level of debt than the average (75.9%)
263% - Hiru Renovations Limited
75.9% - Industry AVG
HIRU RENOVATIONS LIMITED financials
Hiru Renovations Limited's latest turnover from March 2023 is estimated at £79.2 thousand and the company has net assets of -£591.4 thousand. According to their latest financial statements, Hiru Renovations Limited has 3 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2023 | Mar 2022 | 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 |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2023 | Mar 2022 | Mar 2021 | |
|---|---|---|---|
| Tangible Assets | 343,476 | 346,634 | 293,845 |
| Intangible Assets | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 |
| Total Fixed Assets | 343,476 | 346,634 | 293,845 |
| Stock & work in progress | 0 | 0 | 0 |
| Trade Debtors | 19,387 | 72,531 | 3,638 |
| Group Debtors | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 |
| Cash | 0 | 0 | 0 |
| misc current assets | 0 | 0 | 0 |
| total current assets | 19,387 | 72,531 | 3,638 |
| total assets | 362,863 | 419,165 | 297,483 |
| Bank overdraft | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 |
| Trade Creditors | 2,694 | 439 | 7,470 |
| Group/Directors Accounts | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 |
| other current liabilities | 0 | 0 | 0 |
| total current liabilities | 2,694 | 439 | 7,470 |
| loans | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 |
| other liabilities | 951,569 | 477,201 | 317,707 |
| provisions | 0 | 0 | 0 |
| total long term liabilities | 951,569 | 477,201 | 317,707 |
| total liabilities | 954,263 | 477,640 | 325,177 |
| net assets | -591,400 | -58,475 | -27,694 |
| total shareholders funds | -591,400 | -58,475 | -27,694 |
| Mar 2023 | Mar 2022 | Mar 2021 | |
|---|---|---|---|
| Operating Activities | |||
| Operating Profit | |||
| Depreciation | |||
| Amortisation | |||
| Tax | |||
| Stock | 0 | 0 | 0 |
| Debtors | -53,144 | 68,893 | 3,638 |
| Creditors | 2,255 | -7,031 | 7,470 |
| Accruals and Deferred Income | 0 | 0 | 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 | 0 | 0 | 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 | 474,368 | 159,494 | 317,707 |
| share issue | |||
| interest | |||
| cash flow from financing | |||
| cash and cash equivalents | |||
| cash | 0 | 0 | 0 |
| overdraft | 0 | 0 | 0 |
| change in cash | 0 | 0 | 0 |
hiru renovations limited Credit Report and Business Information
Hiru Renovations Limited Competitor Analysis
Perform a competitor analysis for hiru renovations limited by selecting its closest rivals, whether from the CONSTRUCTION sector, other micro companies, companies in SY3 area or any other competitors across 12 key performance metrics.
hiru renovations limited Ownership
HIRU RENOVATIONS LIMITED group structure
Hiru Renovations Limited has no subsidiary companies.
Ultimate parent company
HIRU RENOVATIONS LIMITED
12578791
hiru renovations limited directors
Hiru Renovations Limited currently has 4 directors. The longest serving directors include Mr Russell Hinds (Apr 2020) and Mr Russell Hinds (Apr 2020).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Russell Hinds | England | 46 years | Apr 2020 | - | Director |
| Mr Russell Hinds | England | 46 years | Apr 2020 | - | Director |
| Mr Andrew Rutter | England | 53 years | Apr 2020 | - | Director |
| Mr Robert Hinds | 72 years | Apr 2020 | - | Director |
P&L
March 2023turnover
79.2k
-54%
operating profit
-532.9k
0%
gross margin
14.7%
-1.85%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2023net assets
-591.4k
+9.11%
total assets
362.9k
-0.13%
cash
0
0%
net assets
Total assets minus all liabilities
Similar Companies
hiru renovations limited company details
company number
12578791
Type
Private limited with Share Capital
industry
43390 - Other building completion and finishing
incorporation date
April 2020
age
4
incorporated
UK
accounts
Micro-Entity Accounts
ultimate parent company
previous names
N/A
last accounts submitted
March 2023
address
62 longden road, shrewsbury, SY3 7HG
accountant
-
auditor
-
hiru renovations 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 2 charges/mortgages relating to hiru renovations limited. Currently there are 2 open charges and 0 have been satisfied in the past.
hiru renovations limited Companies House Filings - See Documents
| date | description | view/download |
|---|
