hot deals direct ltd
hot deals direct ltd Company Information
Company Number
13746880
Website
-Registered Address
23 hannington close, houlton, rugby, warwickshire, CV23 1FG
Industry
Retail sale via mail order houses or via Internet
Non-specialised wholesale trade
Telephone
-
Next Accounts Due
August 2025
Group Structure
View All
Shareholders
mandeep jassall 33.3%
sandeep jassal 33.3%
View Allhot deals direct ltd Estimated Valuation
Pomanda estimates the enterprise value of HOT DEALS DIRECT LTD at £44.3k based on a Turnover of £119.6k and 0.37x industry multiple (adjusted for size and gross margin).
hot deals direct ltd Estimated Valuation
Pomanda estimates the enterprise value of HOT DEALS DIRECT LTD at £0 based on an EBITDA of £-288 and a 3.66x industry multiple (adjusted for size and gross margin).
hot deals direct ltd Estimated Valuation
Pomanda estimates the enterprise value of HOT DEALS DIRECT LTD at £0 based on Net Assets of £-2.4k and 1.93x industry multiple (adjusted for liquidity).
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Hot Deals Direct Ltd Overview
Hot Deals Direct Ltd is a live company located in rugby, CV23 1FG with a Companies House number of 13746880. It operates in the retail sale via mail order houses or via internet sector, SIC Code 47910. Founded in November 2021, it's largest shareholder is mandeep jassall with a 33.3% stake. Hot Deals Direct Ltd is a startup, micro sized company, Pomanda has estimated its turnover at £119.6k with unknown growth in recent years.
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Hot Deals Direct Ltd Health Check
Pomanda's financial health check has awarded Hot Deals Direct Ltd a 1 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 7 areas for improvement. Company Health Check FAQs
1 Strong
1 Regular
7 Weak
Size
annual sales of £119.6k, make it smaller than the average company (£7.7m)
- Hot Deals Direct Ltd
£7.7m - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Hot Deals Direct Ltd
- - Industry AVG
Production
with a gross margin of 19.1%, this company has a higher cost of product (32%)
- Hot Deals Direct Ltd
32% - Industry AVG
Profitability
an operating margin of -0.2% make it less profitable than the average company (3.6%)
- Hot Deals Direct Ltd
3.6% - Industry AVG
Employees
with 3 employees, this is below the industry average (20)
3 - Hot Deals Direct Ltd
20 - Industry AVG
Pay Structure
on an average salary of £35.5k, the company has an equivalent pay structure (£35.5k)
- Hot Deals Direct Ltd
£35.5k - Industry AVG
Efficiency
resulting in sales per employee of £39.9k, this is less efficient (£260.8k)
- Hot Deals Direct Ltd
£260.8k - Industry AVG
Debtor Days
it gets paid by customers after 11 days, this is earlier than average (37 days)
- Hot Deals Direct Ltd
37 days - Industry AVG
Creditor Days
its suppliers are paid after 23 days, this is quicker than average (32 days)
- Hot Deals Direct Ltd
32 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Hot Deals Direct Ltd
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Hot Deals Direct Ltd
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 163.2%, this is a higher level of debt than the average (60.3%)
163.2% - Hot Deals Direct Ltd
60.3% - Industry AVG
HOT DEALS DIRECT LTD financials
Hot Deals Direct Ltd's latest turnover from November 2023 is estimated at £119.6 thousand and the company has net assets of -£2.4 thousand. According to their latest financial statements, Hot Deals Direct Ltd has 3 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Nov 2023 | Nov 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 | 3 | 3 |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Nov 2023 | Nov 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 | 3,824 | 3,060 |
| Group Debtors | 0 | 0 |
| Misc Debtors | 0 | 0 |
| Cash | 0 | 0 |
| misc current assets | 0 | 0 |
| total current assets | 3,824 | 3,060 |
| total assets | 3,824 | 3,060 |
| Bank overdraft | 0 | 0 |
| Bank loan | 0 | 0 |
| Trade Creditors | 6,240 | 5,188 |
| Group/Directors Accounts | 0 | 0 |
| other short term finances | 0 | 0 |
| hp & lease commitments | 0 | 0 |
| other current liabilities | 0 | 0 |
| total current liabilities | 6,240 | 5,188 |
| 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 | 6,240 | 5,188 |
| net assets | -2,416 | -2,128 |
| total shareholders funds | -2,416 | -2,128 |
| Nov 2023 | Nov 2022 | |
|---|---|---|
| Operating Activities | ||
| Operating Profit | ||
| Depreciation | 0 | 0 |
| Amortisation | 0 | 0 |
| Tax | ||
| Stock | 0 | 0 |
| Debtors | 764 | 3,060 |
| Creditors | 1,052 | 5,188 |
| Accruals and Deferred Income | 0 | 0 |
| 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 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 |
| other long term liabilities | 0 | 0 |
| share issue | ||
| interest | ||
| cash flow from financing | ||
| cash and cash equivalents | ||
| cash | 0 | 0 |
| overdraft | 0 | 0 |
| change in cash | 0 | 0 |
hot deals direct ltd Credit Report and Business Information
Hot Deals Direct Ltd Competitor Analysis
Perform a competitor analysis for hot deals direct ltd by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other micro companies, companies in CV23 area or any other competitors across 12 key performance metrics.
hot deals direct ltd Ownership
HOT DEALS DIRECT LTD group structure
Hot Deals Direct Ltd has no subsidiary companies.
Ultimate parent company
HOT DEALS DIRECT LTD
13746880
hot deals direct ltd directors
Hot Deals Direct Ltd currently has 2 directors. The longest serving directors include Mr Suresh Jassal (Nov 2021) and Mr Mandeep Jassal (Nov 2021).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Suresh Jassal | England | 39 years | Nov 2021 | - | Director |
| Mr Mandeep Jassal | England | 38 years | Nov 2021 | - | Director |
P&L
November 2023turnover
119.6k
+4%
operating profit
-288
0%
gross margin
19.1%
-1.5%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
November 2023net assets
-2.4k
+0.14%
total assets
3.8k
+0.25%
cash
0
0%
net assets
Total assets minus all liabilities
Similar Companies
hot deals direct ltd company details
company number
13746880
Type
Private limited with Share Capital
industry
47910 - Retail sale via mail order houses or via Internet
46900 - Non-specialised wholesale trade
incorporation date
November 2021
age
3
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
November 2023
previous names
N/A
accountant
-
auditor
-
address
23 hannington close, houlton, rugby, warwickshire, CV23 1FG
Bank
-
Legal Advisor
-
hot deals direct 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 hot deals direct ltd.
hot deals direct ltd Companies House Filings - See Documents
| date | description | view/download |
|---|
