hop works projects limited
hop works projects limited Company Information
Company Number
12769383
Website
-Registered Address
101 turnmill street farringdon, london, EC1M 5QP
Industry
Other building completion and finishing
Telephone
02080514430
Next Accounts Due
December 2025
Group Structure
View All
Shareholders
abigail rose connor 34%
lee edward arthur castledine 33%
View Allhop works projects limited Estimated Valuation
Pomanda estimates the enterprise value of HOP WORKS PROJECTS LIMITED at £1.1m based on a Turnover of £3m and 0.37x industry multiple (adjusted for size and gross margin).
hop works projects limited Estimated Valuation
Pomanda estimates the enterprise value of HOP WORKS PROJECTS LIMITED at £0 based on an EBITDA of £-12.8k and a 3.95x industry multiple (adjusted for size and gross margin).
hop works projects limited Estimated Valuation
Pomanda estimates the enterprise value of HOP WORKS PROJECTS LIMITED at £51.6k based on Net Assets of £74.5k and 0.69x industry multiple (adjusted for liquidity).
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Hop Works Projects Limited Overview
Hop Works Projects Limited is a live company located in london, EC1M 5QP with a Companies House number of 12769383. It operates in the other building completion and finishing sector, SIC Code 43390. Founded in July 2020, it's largest shareholder is abigail rose connor with a 34% stake. Hop Works Projects Limited is a startup, small sized company, Pomanda has estimated its turnover at £3m with rapid growth in recent years.
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Hop Works Projects Limited Health Check
Pomanda's financial health check has awarded Hop Works Projects Limited a 4 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 3 areas for improvement. Company Health Check FAQs
5 Strong
3 Regular
3 Weak
Size
annual sales of £3m, make it larger than the average company (£263.9k)
- Hop Works Projects Limited
£263.9k - Industry AVG
Growth
3 year (CAGR) sales growth of 47%, show it is growing at a faster rate (11%)
- Hop Works Projects Limited
11% - Industry AVG
Production
with a gross margin of 24.5%, this company has a comparable cost of product (24.5%)
- Hop Works Projects Limited
24.5% - Industry AVG
Profitability
an operating margin of -0.5% make it less profitable than the average company (6.1%)
- Hop Works Projects Limited
6.1% - Industry AVG
Employees
with 5 employees, this is above the industry average (3)
5 - Hop Works Projects Limited
3 - Industry AVG
Pay Structure
on an average salary of £34.8k, the company has an equivalent pay structure (£34.8k)
- Hop Works Projects Limited
£34.8k - Industry AVG
Efficiency
resulting in sales per employee of £593k, this is more efficient (£129.1k)
- Hop Works Projects Limited
£129.1k - Industry AVG
Debtor Days
it gets paid by customers after 62 days, this is later than average (44 days)
- Hop Works Projects Limited
44 days - Industry AVG
Creditor Days
its suppliers are paid after 46 days, this is slower than average (29 days)
- Hop Works Projects Limited
29 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Hop Works Projects Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 23 weeks, this is average cash available to meet short term requirements (22 weeks)
23 weeks - Hop Works Projects Limited
22 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 92.3%, this is a higher level of debt than the average (73.8%)
92.3% - Hop Works Projects Limited
73.8% - Industry AVG
HOP WORKS PROJECTS LIMITED financials
Hop Works Projects Limited's latest turnover from March 2024 is estimated at £3 million and the company has net assets of £74.5 thousand. According to their latest financial statements, Hop Works Projects Limited has 5 employees and maintains cash reserves of £397.1 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2024 | 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 | 5 | 5 | 4 | 3 |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | |
|---|---|---|---|---|
| Tangible Assets | 5,029 | 5,505 | 998 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 5,029 | 5,505 | 998 | 0 |
| Stock & work in progress | 0 | 0 | 0 | 0 |
| Trade Debtors | 510,740 | 650,315 | 589,972 | 284,527 |
| Group Debtors | 0 | 0 | 0 | 0 |
| Misc Debtors | 47,925 | 46,326 | 17,803 | 24,638 |
| Cash | 397,115 | 229,106 | 98,917 | 15,109 |
| misc current assets | 0 | 0 | 0 | 0 |
| total current assets | 955,780 | 925,747 | 706,692 | 324,274 |
| total assets | 960,809 | 931,252 | 707,690 | 324,274 |
| Bank overdraft | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 |
| Trade Creditors | 283,866 | 183,795 | 157,531 | 1,716 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 |
| other current liabilities | 601,208 | 672,974 | 482,731 | 261,520 |
| total current liabilities | 885,074 | 856,769 | 640,262 | 263,236 |
| loans | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 |
| provisions | 1,258 | 1,047 | 190 | 0 |
| total long term liabilities | 1,258 | 1,047 | 190 | 0 |
| total liabilities | 886,332 | 857,816 | 640,452 | 263,236 |
| net assets | 74,477 | 73,436 | 67,238 | 61,038 |
| total shareholders funds | 74,477 | 73,436 | 67,238 | 61,038 |
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | |
|---|---|---|---|---|
| Operating Activities | ||||
| Operating Profit | ||||
| Depreciation | 1,481 | 803 | 230 | 0 |
| Amortisation | 0 | 0 | 0 | 0 |
| Tax | ||||
| Stock | 0 | 0 | 0 | 0 |
| Debtors | -137,976 | 88,866 | 298,610 | 309,165 |
| Creditors | 100,071 | 26,264 | 155,815 | 1,716 |
| Accruals and Deferred Income | -71,766 | 190,243 | 221,211 | 261,520 |
| Deferred Taxes & Provisions | 211 | 857 | 190 | 0 |
| Cash flow from operations | ||||
| Investing Activities | ||||
| capital expenditure | ||||
| Change in Investments | 0 | 0 | 0 | 0 |
| cash flow from investments | ||||
| Financing Activities | ||||
| Bank loans | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 |
| share issue | ||||
| interest | ||||
| cash flow from financing | ||||
| cash and cash equivalents | ||||
| cash | 168,009 | 130,189 | 83,808 | 15,109 |
| overdraft | 0 | 0 | 0 | 0 |
| change in cash | 168,009 | 130,189 | 83,808 | 15,109 |
hop works projects limited Credit Report and Business Information
Hop Works Projects Limited Competitor Analysis
Perform a competitor analysis for hop works projects limited by selecting its closest rivals, whether from the CONSTRUCTION sector, other small companies, companies in EC1M area or any other competitors across 12 key performance metrics.
hop works projects limited Ownership
HOP WORKS PROJECTS LIMITED group structure
Hop Works Projects Limited has no subsidiary companies.
Ultimate parent company
HOP WORKS PROJECTS LIMITED
12769383
hop works projects limited directors
Hop Works Projects Limited currently has 3 directors. The longest serving directors include Mr Wayne Parkinson (Jul 2020) and Ms Abigail Connor (Jul 2020).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Wayne Parkinson | England | 46 years | Jul 2020 | - | Director |
| Ms Abigail Connor | England | 36 years | Jul 2020 | - | Director |
| Mr Lee Castledine | England | 53 years | Jul 2020 | - | Director |
P&L
March 2024turnover
3m
+5%
operating profit
-14.3k
0%
gross margin
24.6%
-1.59%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2024net assets
74.5k
+0.01%
total assets
960.8k
+0.03%
cash
397.1k
+0.73%
net assets
Total assets minus all liabilities
Similar Companies
hop works projects limited company details
company number
12769383
Type
Private limited with Share Capital
industry
43390 - Other building completion and finishing
incorporation date
July 2020
age
4
incorporated
UK
accounts
Total Exemption Full
ultimate parent company
previous names
N/A
last accounts submitted
March 2024
address
101 turnmill street farringdon, london, EC1M 5QP
accountant
-
auditor
-
hop works projects 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 hop works projects limited.
hop works projects limited Companies House Filings - See Documents
| date | description | view/download |
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