heritage resource group ltd
heritage resource group ltd Company Information
Company Number
13219426
Next Accounts
83 days late
Shareholders
ryan martin
tom taylor
Group Structure
View All
Industry
Activities of employment placement agencies (other than motion picture, television and other theatrical casting) n.e.c.
+1Registered Address
4th floor centre block, central court, orpington, BR6 0JA
Website
-heritage resource group ltd Estimated Valuation
Pomanda estimates the enterprise value of HERITAGE RESOURCE GROUP LTD at £907.3k based on a Turnover of £4.6m and 0.2x industry multiple (adjusted for size and gross margin).
heritage resource group ltd Estimated Valuation
Pomanda estimates the enterprise value of HERITAGE RESOURCE GROUP LTD at £132.4k based on an EBITDA of £42.2k and a 3.13x industry multiple (adjusted for size and gross margin).
heritage resource group ltd Estimated Valuation
Pomanda estimates the enterprise value of HERITAGE RESOURCE GROUP LTD at £2.7k based on Net Assets of £1.7k and 1.56x industry multiple (adjusted for liquidity).
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Heritage Resource Group Ltd Overview
Heritage Resource Group Ltd is a live company located in orpington, BR6 0JA with a Companies House number of 13219426. It operates in the other activities of employment placement agencies sector, SIC Code 78109. Founded in February 2021, it's largest shareholder is ryan martin with a 95% stake. Heritage Resource Group Ltd is a startup, small sized company, Pomanda has estimated its turnover at £4.6m with unknown growth in recent years.
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Heritage Resource Group Ltd Health Check
Pomanda's financial health check has awarded Heritage Resource Group Ltd a 2.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 4 areas for improvement. Company Health Check FAQs
3 Strong
2 Regular
4 Weak
Size
annual sales of £4.6m, make it smaller than the average company (£10m)
- Heritage Resource Group Ltd
£10m - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Heritage Resource Group Ltd
- - Industry AVG
Production
with a gross margin of 22%, this company has a comparable cost of product (22%)
- Heritage Resource Group Ltd
22% - Industry AVG
Profitability
an operating margin of 0.9% make it less profitable than the average company (3.9%)
- Heritage Resource Group Ltd
3.9% - Industry AVG
Employees
with 67 employees, this is above the industry average (44)
67 - Heritage Resource Group Ltd
44 - Industry AVG
Pay Structure
on an average salary of £50.1k, the company has an equivalent pay structure (£50.1k)
- Heritage Resource Group Ltd
£50.1k - Industry AVG
Efficiency
resulting in sales per employee of £69k, this is less efficient (£196.5k)
- Heritage Resource Group Ltd
£196.5k - Industry AVG
Debtor Days
it gets paid by customers after 9 days, this is earlier than average (49 days)
- Heritage Resource Group Ltd
49 days - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- Heritage Resource Group Ltd
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Heritage Resource Group Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 35 weeks, this is more cash available to meet short term requirements (11 weeks)
35 weeks - Heritage Resource Group Ltd
11 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 99.2%, this is a higher level of debt than the average (70.6%)
99.2% - Heritage Resource Group Ltd
70.6% - Industry AVG
HERITAGE RESOURCE GROUP LTD financials
Heritage Resource Group Ltd's latest turnover from February 2023 is estimated at £4.6 million and the company has net assets of £1.7 thousand. According to their latest financial statements, Heritage Resource Group Ltd has 67 employees and maintains cash reserves of £95.8 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Feb 2023 | Feb 2022 | |
|---|---|---|
| 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 | 67 | 109 |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Feb 2023 | Feb 2022 | |
|---|---|---|
| Tangible Assets | 0 | 0 |
| Intangible Assets | 0 | 0 |
| Investments & Other | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 |
| Total Fixed Assets | 0 | 0 |
| Stock & work in progress | 0 | 0 |
| Trade Debtors | 122,409 | 0 |
| Group Debtors | 0 | 0 |
| Misc Debtors | 1 | 98,455 |
| Cash | 95,828 | 61,500 |
| misc current assets | 0 | 0 |
| total current assets | 218,238 | 159,955 |
| total assets | 218,238 | 159,955 |
| Bank overdraft | 63,534 | 60,570 |
| Bank loan | 0 | 0 |
| Trade Creditors | 0 | 0 |
| Group/Directors Accounts | 0 | 0 |
| other short term finances | 0 | 0 |
| hp & lease commitments | 0 | 0 |
| other current liabilities | 76,948 | 91,321 |
| total current liabilities | 140,482 | 151,891 |
| loans | 76,038 | 0 |
| hp & lease commitments | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 |
| other liabilities | 0 | 35,001 |
| provisions | 0 | 0 |
| total long term liabilities | 76,038 | 35,001 |
| total liabilities | 216,520 | 186,892 |
| net assets | 1,718 | -26,937 |
| total shareholders funds | 1,718 | -26,937 |
| Feb 2023 | Feb 2022 | |
|---|---|---|
| Operating Activities | ||
| Operating Profit | ||
| Depreciation | 0 | 0 |
| Amortisation | 0 | 0 |
| Tax | ||
| Stock | 0 | 0 |
| Debtors | 23,955 | 98,455 |
| Creditors | 0 | 0 |
| Accruals and Deferred Income | -14,373 | 91,321 |
| Deferred Taxes & Provisions | 0 | 0 |
| Cash flow from operations | ||
| Investing Activities | ||
| capital expenditure | ||
| Change in Investments | 0 | 0 |
| cash flow from investments | ||
| Financing Activities | ||
| Bank loans | 0 | 0 |
| Group/Directors Accounts | 0 | 0 |
| Other Short Term Loans | 0 | 0 |
| Long term loans | 76,038 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 |
| other long term liabilities | -35,001 | 35,001 |
| share issue | ||
| interest | ||
| cash flow from financing | ||
| cash and cash equivalents | ||
| cash | 34,328 | 61,500 |
| overdraft | 2,964 | 60,570 |
| change in cash | 31,364 | 930 |
heritage resource group ltd Credit Report and Business Information
Heritage Resource Group Ltd Competitor Analysis
Perform a competitor analysis for heritage resource group ltd by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other small companies, companies in BR6 area or any other competitors across 12 key performance metrics.
heritage resource group ltd Ownership
HERITAGE RESOURCE GROUP LTD group structure
Heritage Resource Group Ltd has no subsidiary companies.
Ultimate parent company
HERITAGE RESOURCE GROUP LTD
13219426
heritage resource group ltd directors
Heritage Resource Group Ltd currently has 2 directors. The longest serving directors include Mr Tom Bowie (Feb 2021) and Mr Ryan Martin (Feb 2021).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Tom Bowie | United Kingdom | 36 years | Feb 2021 | - | Director |
| Mr Ryan Martin | England | 37 years | Feb 2021 | - | Director |
P&L
February 2023turnover
4.6m
-78%
operating profit
42.2k
0%
gross margin
22%
+3.93%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
February 2023net assets
1.7k
-1.06%
total assets
218.2k
+0.36%
cash
95.8k
+0.56%
net assets
Total assets minus all liabilities
Similar Companies
heritage resource group ltd company details
company number
13219426
Type
Private limited with Share Capital
industry
78109 - Activities of employment placement agencies (other than motion picture, television and other theatrical casting) n.e.c.
78200 - Temporary employment agency activities
incorporation date
February 2021
age
4
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
February 2023
previous names
N/A
accountant
ADS ACCOUNTANTS
auditor
-
address
4th floor centre block, central court, orpington, BR6 0JA
Bank
-
Legal Advisor
-
heritage resource group ltd 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 heritage resource group ltd. Currently there are 1 open charges and 0 have been satisfied in the past.
heritage resource group ltd 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 HERITAGE RESOURCE GROUP LTD. This can take several minutes, an email will notify you when this has completed.
heritage resource group ltd Companies House Filings - See Documents
| date | description | view/download |
|---|
