hes developments ltd
hes developments ltd Company Information
Company Number
13337443
Next Accounts
Apr 2025
Shareholders
gareth simm
greg simm
View AllGroup Structure
View All
Industry
Development of building projects
Registered Address
spinnaker house, 141 sefton street, liverpool, L8 5SN
Website
-hes developments ltd Estimated Valuation
Pomanda estimates the enterprise value of HES DEVELOPMENTS LTD at £523.7k based on a Turnover of £1.6m and 0.33x industry multiple (adjusted for size and gross margin).
hes developments ltd Estimated Valuation
Pomanda estimates the enterprise value of HES DEVELOPMENTS LTD at £0 based on an EBITDA of £-1.1k and a 2.62x industry multiple (adjusted for size and gross margin).
hes developments ltd Estimated Valuation
Pomanda estimates the enterprise value of HES DEVELOPMENTS LTD at £35.5k based on Net Assets of £25.1k and 1.41x industry multiple (adjusted for liquidity).
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Hes Developments Ltd Overview
Hes Developments Ltd is a live company located in liverpool, L8 5SN with a Companies House number of 13337443. It operates in the development of building projects sector, SIC Code 41100. Founded in April 2021, it's largest shareholder is gareth simm with a 22.5% stake. Hes Developments Ltd is a startup, small sized company, Pomanda has estimated its turnover at £1.6m with unknown growth in recent years.
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Hes Developments Ltd Health Check
Pomanda's financial health check has awarded Hes Developments Ltd a 2 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 5 areas for improvement. Company Health Check FAQs
2 Strong
2 Regular
5 Weak
Size
annual sales of £1.6m, make it smaller than the average company (£2.2m)
- Hes Developments Ltd
£2.2m - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Hes Developments Ltd
- - Industry AVG
Production
with a gross margin of 9.6%, this company has a higher cost of product (26.6%)
- Hes Developments Ltd
26.6% - Industry AVG
Profitability
an operating margin of -0.1% make it less profitable than the average company (7.3%)
- Hes Developments Ltd
7.3% - Industry AVG
Employees
with 5 employees, this is similar to the industry average (6)
5 - Hes Developments Ltd
6 - Industry AVG
Pay Structure
on an average salary of £47.4k, the company has an equivalent pay structure (£47.4k)
- Hes Developments Ltd
£47.4k - Industry AVG
Efficiency
resulting in sales per employee of £315.9k, this is more efficient (£274.2k)
- Hes Developments Ltd
£274.2k - Industry AVG
Debtor Days
it gets paid by customers after 87 days, this is later than average (27 days)
- Hes Developments Ltd
27 days - Industry AVG
Creditor Days
its suppliers are paid after 126 days, this is slower than average (31 days)
- Hes Developments Ltd
31 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Hes Developments Ltd
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Hes Developments Ltd
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 95.2%, this is a higher level of debt than the average (72.9%)
95.2% - Hes Developments Ltd
72.9% - Industry AVG
HES DEVELOPMENTS LTD financials
Hes Developments Ltd's latest turnover from July 2023 is estimated at £1.6 million and the company has net assets of £25.1 thousand. According to their latest financial statements, Hes Developments Ltd has 5 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jul 2023 | Jul 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 | 5 | 5 |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jul 2023 | Jul 2022 | |
|---|---|---|
| Tangible Assets | 142,516 | |
| Intangible Assets | ||
| Investments & Other | ||
| Debtors (Due After 1 year) | ||
| Total Fixed Assets | 142,516 | |
| Stock & work in progress | ||
| Trade Debtors | 378,185 | 72,699 |
| Group Debtors | ||
| Misc Debtors | 567 | |
| Cash | ||
| misc current assets | ||
| total current assets | 378,185 | 73,266 |
| total assets | 520,701 | 73,266 |
| Bank overdraft | ||
| Bank loan | ||
| Trade Creditors | 495,562 | 47,065 |
| Group/Directors Accounts | ||
| other short term finances | ||
| hp & lease commitments | ||
| other current liabilities | ||
| total current liabilities | 495,562 | 47,065 |
| loans | ||
| hp & lease commitments | ||
| Accruals and Deferred Income | ||
| other liabilities | ||
| provisions | ||
| total long term liabilities | ||
| total liabilities | 495,562 | 47,065 |
| net assets | 25,139 | 26,201 |
| total shareholders funds | 25,139 | 26,201 |
| Jul 2023 | Jul 2022 | |
|---|---|---|
| Operating Activities | ||
| Operating Profit | ||
| Depreciation | ||
| Amortisation | ||
| Tax | ||
| Stock | ||
| Debtors | 304,919 | 73,266 |
| Creditors | 448,497 | 47,065 |
| Accruals and Deferred Income | ||
| Deferred Taxes & Provisions | ||
| Cash flow from operations | ||
| Investing Activities | ||
| capital expenditure | ||
| Change in Investments | ||
| cash flow from investments | ||
| Financing Activities | ||
| Bank loans | ||
| Group/Directors Accounts | ||
| Other Short Term Loans | ||
| Long term loans | ||
| Hire Purchase and Lease Commitments | ||
| other long term liabilities | ||
| share issue | ||
| interest | ||
| cash flow from financing | ||
| cash and cash equivalents | ||
| cash | ||
| overdraft | ||
| change in cash |
hes developments ltd Credit Report and Business Information
Hes Developments Ltd Competitor Analysis
Perform a competitor analysis for hes developments ltd by selecting its closest rivals, whether from the CONSTRUCTION sector, other small companies, companies in L 8 area or any other competitors across 12 key performance metrics.
hes developments ltd Ownership
HES DEVELOPMENTS LTD group structure
Hes Developments Ltd has no subsidiary companies.
Ultimate parent company
HES DEVELOPMENTS LTD
13337443
hes developments ltd directors
Hes Developments Ltd currently has 4 directors. The longest serving directors include Mr Martyn Simm (Apr 2021) and Mr Gareth Simm (Apr 2021).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Martyn Simm | England | 43 years | Apr 2021 | - | Director |
| Mr Gareth Simm | England | 53 years | Apr 2021 | - | Director |
| Mr Greg Simm | England | 49 years | Apr 2021 | - | Director |
| Mrs Victoria Brereton | 45 years | Apr 2021 | - | Director |
P&L
July 2023turnover
1.6m
+399%
operating profit
-1.1k
0%
gross margin
9.6%
+1.79%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
July 2023net assets
25.1k
-0.04%
total assets
520.7k
+6.11%
cash
0
0%
net assets
Total assets minus all liabilities
Similar Companies
hes developments ltd company details
company number
13337443
Type
Private limited with Share Capital
industry
41100 - Development of building projects
incorporation date
April 2021
age
4
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
July 2023
previous names
N/A
accountant
-
auditor
-
address
spinnaker house, 141 sefton street, liverpool, L8 5SN
Bank
-
Legal Advisor
-
hes developments 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 did not find charges/mortgages relating to hes developments ltd.
hes developments 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.
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hes developments ltd Companies House Filings - See Documents
| date | description | view/download |
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