hytn group limited

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hytn group limited Company Information

Share HYTN GROUP LIMITED

Company Number

13176600

Shareholders

kane wise

brane holdings ltd

Group Structure

View All

Industry

Other business support service activities n.e.c.

 

Registered Address

lynton house 7-12, tavistock square, london, WC1H 9BQ

Website

-

hytn group limited Estimated Valuation

£66.3k

Pomanda estimates the enterprise value of HYTN GROUP LIMITED at £66.3k based on a Turnover of £118.9k and 0.56x industry multiple (adjusted for size and gross margin).

hytn group limited Estimated Valuation

£0

Pomanda estimates the enterprise value of HYTN GROUP LIMITED at £0 based on an EBITDA of £-16.6k and a 4.01x industry multiple (adjusted for size and gross margin).

hytn group limited Estimated Valuation

£0

Pomanda estimates the enterprise value of HYTN GROUP LIMITED at £0 based on Net Assets of £-62.1k and 2.3x industry multiple (adjusted for liquidity).

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Hytn Group Limited Overview

Hytn Group Limited is a live company located in london, WC1H 9BQ with a Companies House number of 13176600. It operates in the other business support service activities n.e.c. sector, SIC Code 82990. Founded in February 2021, it's largest shareholder is kane wise with a 87.5% stake. Hytn Group Limited is a startup, micro sized company, Pomanda has estimated its turnover at £118.9k with unknown growth in recent years.

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Hytn Group Limited Health Check

Pomanda's financial health check has awarded Hytn Group Limited a 1 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 8 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating1out of 5
positive_score

1 Strong

positive_score

2 Regular

positive_score

8 Weak

size

Size

annual sales of £118.9k, make it smaller than the average company (£4m)

£118.9k - Hytn Group Limited

£4m - Industry AVG

growth

Growth

There is insufficient data available for this Key Performance Indicator!

- - Hytn Group Limited

- - Industry AVG

production

Production

with a gross margin of 38.2%, this company has a comparable cost of product (38.2%)

38.2% - Hytn Group Limited

38.2% - Industry AVG

profitability

Profitability

an operating margin of -13.9% make it less profitable than the average company (5.6%)

-13.9% - Hytn Group Limited

5.6% - Industry AVG

employees

Employees

with 2 employees, this is below the industry average (24)

2 - Hytn Group Limited

24 - Industry AVG

paystructure

Pay Structure

on an average salary of £49.8k, the company has an equivalent pay structure (£49.8k)

£49.8k - Hytn Group Limited

£49.8k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £59.4k, this is less efficient (£154.3k)

£59.4k - Hytn Group Limited

£154.3k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 0 days, this is earlier than average (39 days)

0 days - Hytn Group Limited

39 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 4 days, this is quicker than average (33 days)

4 days - Hytn Group Limited

33 days - Industry AVG

stockdays

Stock Days

it holds stock equivalent to 254 days, this is more than average (29 days)

254 days - Hytn Group Limited

29 days - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (24 weeks)

0 weeks - Hytn Group Limited

24 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 220.5%, this is a higher level of debt than the average (60.7%)

220.5% - Hytn Group Limited

60.7% - Industry AVG

HYTN GROUP LIMITED financials

EXPORTms excel logo

Hytn Group Limited's latest turnover from February 2024 is estimated at £118.9 thousand and the company has net assets of -£62.1 thousand. According to their latest financial statements, Hytn Group Limited has 2 employees and maintains cash reserves of £281 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Feb 2024Feb 2023Feb 2022
Turnover118,86096,498138,433
Other Income Or Grants000
Cost Of Sales73,44159,00086,169
Gross Profit45,41937,49852,264
Admin Expenses61,99178,60257,301
Operating Profit-16,572-41,104-5,037
Interest Payable000
Interest Receivable2482154
Pre-Tax Profit-16,324-40,889-5,033
Tax000
Profit After Tax-16,324-40,889-5,033
Dividends Paid000
Retained Profit-16,324-40,889-5,033
Employee Costs99,54747,41290,376
Number Of Employees212
EBITDA*-16,572-41,104-5,037

* Earnings Before Interest, Tax, Depreciation and Amortisation

Feb 2024Feb 2023Feb 2022
Tangible Assets000
Intangible Assets000
Investments & Other000
Debtors (Due After 1 year)000
Total Fixed Assets000
Stock & work in progress51,20056,26220,738
Trade Debtors100
Group Debtors000
Misc Debtors1001,4511,753
Cash2819,1481,618
misc current assets000
total current assets51,58266,86124,109
total assets51,58266,86124,109
Bank overdraft000
Bank loan000
Trade Creditors 9682,2270
Group/Directors Accounts001,217
other short term finances000
hp & lease commitments000
other current liabilities112,760110,45627,825
total current liabilities113,728112,68329,042
loans000
hp & lease commitments000
Accruals and Deferred Income000
other liabilities000
provisions000
total long term liabilities000
total liabilities113,728112,68329,042
net assets-62,146-45,822-4,933
total shareholders funds-62,146-45,822-4,933
Feb 2024Feb 2023Feb 2022
Operating Activities
Operating Profit-16,572-41,104-5,037
Depreciation000
Amortisation000
Tax000
Stock-5,06235,52420,738
Debtors-1,350-3021,753
Creditors-1,2592,2270
Accruals and Deferred Income2,30482,63127,825
Deferred Taxes & Provisions000
Cash flow from operations-9,1158,532297
Investing Activities
capital expenditure000
Change in Investments000
cash flow from investments000
Financing Activities
Bank loans000
Group/Directors Accounts0-1,2171,217
Other Short Term Loans 000
Long term loans000
Hire Purchase and Lease Commitments000
other long term liabilities000
share issue00100
interest2482154
cash flow from financing248-1,0021,321
cash and cash equivalents
cash-8,8677,5301,618
overdraft000
change in cash-8,8677,5301,618

hytn group limited Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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Hytn Group Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for hytn group limited by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other micro companies, companies in WC1H area or any other competitors across 12 key performance metrics.

hytn group limited Ownership

HYTN GROUP LIMITED group structure

Hytn Group Limited has no subsidiary companies.

Ultimate parent company

HYTN GROUP LIMITED

13176600

HYTN GROUP LIMITED Shareholders

kane wise 87.5%
brane holdings ltd 12.5%

hytn group limited directors

Hytn Group Limited currently has 2 directors. The longest serving directors include Mr Kane Wise (Feb 2021) and Mr Jordan Wise (Feb 2021).

officercountryagestartendrole
Mr Kane WiseUnited Kingdom31 years Feb 2021- Director
Mr Jordan WiseUnited Kingdom37 years Feb 2021- Director

P&L

February 2024

turnover

118.9k

+23%

operating profit

-16.6k

0%

gross margin

38.3%

-1.66%

turnover

Turnover, or revenue, is the amount of sales generated by a company within the financial year.

Balance Sheet

February 2024

net assets

-62.1k

+0.36%

total assets

51.6k

-0.23%

cash

281

-0.97%

net assets

Total assets minus all liabilities

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Similar companies unavailable for this selection

hytn group limited company details

company number

13176600

Type

Private limited with Share Capital

industry

82990 - Other business support service activities n.e.c.

incorporation date

February 2021

age

4

incorporated

UK

ultimate parent company

None

accounts

Total Exemption Full

last accounts submitted

February 2024

previous names

N/A

accountant

-

auditor

-

address

lynton house 7-12, tavistock square, london, WC1H 9BQ

Bank

-

Legal Advisor

-

hytn group 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 hytn group limited.

hytn group 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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hytn group limited Companies House Filings - See Documents

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