h&h north ltd
h&h north ltd Company Information
Group Structure
View All
Industry
Hotels and similar accommodation
Registered Address
trust house, c/o isaacs, st james business pa, bradford, west yorkshire, BD1 5LL
Website
hh-north.co.ukh&h north ltd Estimated Valuation
Pomanda estimates the enterprise value of H&H NORTH LTD at £11.9m based on a Turnover of £9m and 1.32x industry multiple (adjusted for size and gross margin).
h&h north ltd Estimated Valuation
Pomanda estimates the enterprise value of H&H NORTH LTD at £0 based on an EBITDA of £-123.3k and a 5.28x industry multiple (adjusted for size and gross margin).
h&h north ltd Estimated Valuation
Pomanda estimates the enterprise value of H&H NORTH LTD at £9.3k based on Net Assets of £4.4k and 2.09x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
H&h North Ltd Overview
H&h North Ltd is a live company located in bradford, BD1 5LL with a Companies House number of 13789268. It operates in the hotels and similar accommodation sector, SIC Code 55100. Founded in December 2021, it's largest shareholder is h & h hotels group ltd with a 100% stake. H&h North Ltd is a startup, mid sized company, Pomanda has estimated its turnover at £9m with unknown growth in recent years.
Upgrade for unlimited company reports & a free credit check
H&h North Ltd Health Check
Pomanda's financial health check has awarded H&H North Ltd a 4 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 4 areas for improvement. Company Health Check FAQs
4 Strong
2 Regular
4 Weak
Size
annual sales of £9m, make it larger than the average company (£5.5m)
- H&h North Ltd
£5.5m - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- H&h North Ltd
- - Industry AVG
Production
with a gross margin of 64.1%, this company has a comparable cost of product (64.1%)
- H&h North Ltd
64.1% - Industry AVG
Profitability
an operating margin of -1.8% make it less profitable than the average company (8.2%)
- H&h North Ltd
8.2% - Industry AVG
Employees
with 64 employees, this is below the industry average (82)
64 - H&h North Ltd
82 - Industry AVG
Pay Structure
on an average salary of £24.5k, the company has an equivalent pay structure (£24.5k)
- H&h North Ltd
£24.5k - Industry AVG
Efficiency
resulting in sales per employee of £141.3k, this is more efficient (£75.8k)
- H&h North Ltd
£75.8k - Industry AVG
Debtor Days
it gets paid by customers after 14 days, this is later than average (7 days)
- H&h North Ltd
7 days - Industry AVG
Creditor Days
its suppliers are paid after 55 days, this is slower than average (45 days)
- H&h North Ltd
45 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- H&h North Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 8 weeks, this is more cash available to meet short term requirements (6 weeks)
8 weeks - H&h North Ltd
6 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 99.8%, this is a higher level of debt than the average (76.5%)
99.8% - H&h North Ltd
76.5% - Industry AVG
H&H NORTH LTD financials
H&H North Ltd's latest turnover from December 2023 is estimated at £9 million and the company has net assets of £4.4 thousand. According to their latest financial statements, H&H North Ltd has 64 employees and maintains cash reserves of £319.6 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2023 | Dec 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 | 64 | 39 |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Dec 2022 | |
|---|---|---|
| Tangible Assets | 229,482 | 269,979 |
| Intangible Assets | ||
| Investments & Other | ||
| Debtors (Due After 1 year) | ||
| Total Fixed Assets | 229,482 | 269,979 |
| Stock & work in progress | ||
| Trade Debtors | 352,167 | 150,342 |
| Group Debtors | ||
| Misc Debtors | 1,054,765 | 442,088 |
| Cash | 319,568 | 531,259 |
| misc current assets | ||
| total current assets | 1,726,500 | 1,123,689 |
| total assets | 1,955,982 | 1,393,668 |
| Bank overdraft | ||
| Bank loan | ||
| Trade Creditors | 495,120 | 11,129 |
| Group/Directors Accounts | ||
| other short term finances | ||
| hp & lease commitments | ||
| other current liabilities | 1,412,816 | 1,236,627 |
| total current liabilities | 1,907,936 | 1,247,756 |
| loans | ||
| hp & lease commitments | ||
| Accruals and Deferred Income | ||
| other liabilities | ||
| provisions | 43,602 | |
| total long term liabilities | 43,602 | |
| total liabilities | 1,951,538 | 1,247,756 |
| net assets | 4,444 | 145,912 |
| total shareholders funds | 4,444 | 145,912 |
| Dec 2023 | Dec 2022 | |
|---|---|---|
| Operating Activities | ||
| Operating Profit | ||
| Depreciation | 40,497 | 47,644 |
| Amortisation | ||
| Tax | ||
| Stock | ||
| Debtors | 814,502 | 592,430 |
| Creditors | 483,991 | 11,129 |
| Accruals and Deferred Income | 176,189 | 1,236,627 |
| Deferred Taxes & Provisions | 43,602 | |
| 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 | -211,691 | 531,259 |
| overdraft | ||
| change in cash | -211,691 | 531,259 |
h&h north ltd Credit Report and Business Information
H&h North Ltd Competitor Analysis
Perform a competitor analysis for h&h north ltd by selecting its closest rivals, whether from the ACCOMMODATION AND FOOD SERVICE ACTIVITIES sector, other mid companies, companies in BD1 area or any other competitors across 12 key performance metrics.
h&h north ltd Ownership
H&H NORTH LTD group structure
H&H North Ltd has no subsidiary companies.
Ultimate parent company
2 parents
H&H NORTH LTD
13789268
h&h north ltd directors
H&H North Ltd currently has 1 director, Mr Hassan Arif serving since Dec 2021.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Hassan Arif | 34 years | Dec 2021 | - | Director |
P&L
December 2023turnover
9m
+156%
operating profit
-163.8k
0%
gross margin
64.2%
+4.11%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
4.4k
-0.97%
total assets
2m
+0.4%
cash
319.6k
-0.4%
net assets
Total assets minus all liabilities
Similar Companies
h&h north ltd company details
company number
13789268
Type
Private limited with Share Capital
industry
55100 - Hotels and similar accommodation
incorporation date
December 2021
age
4
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
December 2023
previous names
h & h skegness ltd (February 2022)
accountant
ISAACS
auditor
-
address
trust house, c/o isaacs, st james business pa, bradford, west yorkshire, BD1 5LL
Bank
-
Legal Advisor
-
h&h north 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 h&h north ltd.
h&h north 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 H&H NORTH LTD. This can take several minutes, an email will notify you when this has completed.
h&h north ltd Companies House Filings - See Documents
| date | description | view/download |
|---|
