hitchin land limited
hitchin land limited Company Information
Company Number
13660179
Website
-Registered Address
gallagher house gallagher way, heathcote, warwick, CV34 6AF
Industry
Buying and selling of own real estate
Telephone
-
Next Accounts Due
June 2025
Group Structure
View All
Shareholders
ashflame properties limited 100%
hitchin land limited Estimated Valuation
Pomanda estimates the enterprise value of HITCHIN LAND LIMITED at £292.3m based on a Turnover of £83m and 3.52x industry multiple (adjusted for size and gross margin).
hitchin land limited Estimated Valuation
Pomanda estimates the enterprise value of HITCHIN LAND LIMITED at £157.7m based on an EBITDA of £17.9m and a 8.82x industry multiple (adjusted for size and gross margin).
hitchin land limited Estimated Valuation
Pomanda estimates the enterprise value of HITCHIN LAND LIMITED at £519k based on Net Assets of £362.7k and 1.43x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Hitchin Land Limited Overview
Hitchin Land Limited is a live company located in warwick, CV34 6AF with a Companies House number of 13660179. It operates in the buying and selling of own real estate sector, SIC Code 68100. Founded in October 2021, it's largest shareholder is ashflame properties limited with a 100% stake. Hitchin Land Limited is a startup, large sized company, Pomanda has estimated its turnover at £83m with unknown growth in recent years.
Upgrade for unlimited company reports & a free credit check
Hitchin Land Limited Health Check
Pomanda's financial health check has awarded Hitchin Land Limited a 1.5 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 £83m, make it larger than the average company (£896.8k)
£83m - Hitchin Land Limited
£896.8k - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Hitchin Land Limited
- - Industry AVG
Production
with a gross margin of 21.6%, this company has a higher cost of product (69.2%)
21.6% - Hitchin Land Limited
69.2% - Industry AVG
Profitability
an operating margin of 21.6% make it less profitable than the average company (27.5%)
21.6% - Hitchin Land Limited
27.5% - Industry AVG
Employees
with 416 employees, this is above the industry average (4)
- Hitchin Land Limited
4 - Industry AVG
Pay Structure
on an average salary of £38.3k, the company has an equivalent pay structure (£38.3k)
- Hitchin Land Limited
£38.3k - Industry AVG
Efficiency
resulting in sales per employee of £199.5k, this is equally as efficient (£199.7k)
- Hitchin Land Limited
£199.7k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- - Hitchin Land Limited
- - Industry AVG
Creditor Days
its suppliers are paid after 0 days, this is quicker than average (30 days)
0 days - Hitchin Land Limited
30 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Hitchin Land Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (8 weeks)
0 weeks - Hitchin Land Limited
8 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 90.4%, this is a higher level of debt than the average (64.4%)
90.4% - Hitchin Land Limited
64.4% - Industry AVG
HITCHIN LAND LIMITED financials
Hitchin Land Limited's latest turnover from September 2023 is £83 million and the company has net assets of £362.7 thousand. According to their latest financial statements, we estimate that Hitchin Land Limited has 416 employees and maintains cash reserves of £9.8 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Sep 2023 | Sep 2022 | |
|---|---|---|
| Turnover | 83,000,000 | 0 |
| Other Income Or Grants | 0 | 0 |
| Cost Of Sales | 65,114,732 | 17,126 |
| Gross Profit | 17,885,268 | -17,126 |
| Admin Expenses | 215 | 0 |
| Operating Profit | 17,885,053 | -17,126 |
| Interest Payable | 90,466 | 0 |
| Interest Receivable | 0 | 0 |
| Pre-Tax Profit | 17,794,587 | -17,126 |
| Tax | -3,914,809 | 0 |
| Profit After Tax | 13,879,778 | -17,126 |
| Dividends Paid | 0 | 0 |
| Retained Profit | 13,879,778 | -17,126 |
| Employee Costs | 0 | |
| Number Of Employees | ||
| EBITDA* | 17,885,053 | -17,126 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Sep 2023 | Sep 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 | 6,559,257 |
| Trade Debtors | 0 | 0 |
| Group Debtors | 3,780,709 | 0 |
| Misc Debtors | 2,553 | 0 |
| Cash | 9,841 | 9,713 |
| misc current assets | 0 | 0 |
| total current assets | 3,793,103 | 6,568,970 |
| total assets | 3,793,103 | 6,568,970 |
| Bank overdraft | 0 | 0 |
| Bank loan | 0 | 0 |
| Trade Creditors | 7,661 | 0 |
| Group/Directors Accounts | 0 | 6,586,095 |
| other short term finances | 0 | 0 |
| hp & lease commitments | 0 | 0 |
| other current liabilities | 3,422,789 | 0 |
| total current liabilities | 3,430,450 | 6,586,095 |
| loans | 0 | 0 |
| hp & lease commitments | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 |
| other liabilities | 0 | 0 |
| provisions | 0 | 0 |
| total long term liabilities | 0 | 0 |
| total liabilities | 3,430,450 | 6,586,095 |
| net assets | 362,653 | -17,125 |
| total shareholders funds | 362,653 | -17,125 |
| Sep 2023 | Sep 2022 | |
|---|---|---|
| Operating Activities | ||
| Operating Profit | 17,885,053 | -17,126 |
| Depreciation | 0 | 0 |
| Amortisation | 0 | 0 |
| Tax | -3,914,809 | 0 |
| Stock | -6,559,257 | 6,559,257 |
| Debtors | 3,783,262 | 0 |
| Creditors | 7,661 | 0 |
| Accruals and Deferred Income | 3,422,789 | 0 |
| Deferred Taxes & Provisions | 0 | 0 |
| Cash flow from operations | 20,176,689 | -6,576,383 |
| Investing Activities | ||
| capital expenditure | ||
| Change in Investments | 0 | 0 |
| cash flow from investments | ||
| Financing Activities | ||
| Bank loans | 0 | 0 |
| Group/Directors Accounts | -6,586,095 | 6,586,095 |
| Other Short Term Loans | 0 | 0 |
| Long term loans | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 |
| other long term liabilities | 0 | 0 |
| share issue | ||
| interest | -90,466 | 0 |
| cash flow from financing | -20,176,561 | 6,586,096 |
| cash and cash equivalents | ||
| cash | 128 | 9,713 |
| overdraft | 0 | 0 |
| change in cash | 128 | 9,713 |
hitchin land limited Credit Report and Business Information
Hitchin Land Limited Competitor Analysis
Perform a competitor analysis for hitchin land limited by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other large companies, companies in CV34 area or any other competitors across 12 key performance metrics.
hitchin land limited Ownership
HITCHIN LAND LIMITED group structure
Hitchin Land Limited has no subsidiary companies.
hitchin land limited directors
Hitchin Land Limited currently has 2 directors. The longest serving directors include Mr Geoffrey Gosling (Oct 2021) and Sir Anthony Gallagher (Oct 2021).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Geoffrey Gosling | United Kingdom | 77 years | Oct 2021 | - | Director |
| Sir Anthony Gallagher | 73 years | Oct 2021 | - | Director |
P&L
September 2023turnover
83m
0%
operating profit
17.9m
-104532%
gross margin
21.6%
-100%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
September 2023net assets
362.7k
-22.18%
total assets
3.8m
-0.42%
cash
9.8k
+0.01%
net assets
Total assets minus all liabilities
Similar Companies
hitchin land limited company details
company number
13660179
Type
Private limited with Share Capital
industry
68100 - Buying and selling of own real estate
incorporation date
October 2021
age
3
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
September 2023
previous names
N/A
accountant
-
auditor
-
address
gallagher house gallagher way, heathcote, warwick, CV34 6AF
Bank
-
Legal Advisor
-
hitchin land 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 hitchin land limited.
hitchin land limited Companies House Filings - See Documents
| date | description | view/download |
|---|
