hanover square hospitality group limitedEstimated Valuation
£1.2m
Pomanda estimates the enterprise value of HANOVER SQUARE HOSPITALITY GROUP LIMITED at £1.2m based on a Turnover of £1.8m and 0.68x industry multiple (adjusted for size and gross margin).
hanover square hospitality group limitedEstimated Valuation
£0
Pomanda estimates the enterprise value of HANOVER SQUARE HOSPITALITY GROUP LIMITED at £0 based on an EBITDA of £-1.4m and a 4.36x industry multiple (adjusted for size and gross margin).
hanover square hospitality group limitedEstimated Valuation
£0
Pomanda estimates the enterprise value of HANOVER SQUARE HOSPITALITY GROUP LIMITED at £0 based on Net Assets of £-2.1m and 2.36x industry multiple (adjusted for liquidity).
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Hanover Square Hospitality Group LimitedOverview
Hanover Square Hospitality Group Limited is a live company located in london, SW1Y 4JH with a Companies House number of 14030861. It operates in the licenced restaurants sector, SIC Code 56101. Founded in April 2022, it's largest shareholder is
tchack limited
with a 100% stake. Hanover Square Hospitality Group Limited is a startup,
small sized company, Pomanda has estimated its turnover at
£1.8m with
unknown
growth in recent years.
Hanover Square Hospitality Group Limited Health Check
Pomanda's financial health check has awarded Hanover Square Hospitality Group Limited a 2 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 6 areas for improvement. Company Health Check FAQs
Health Rating2out of 5
1 Strong
4 Regular
6 Weak
Size
annual sales of £1.8m, make it smaller than the average company (£2.3m)
£1.8m - Hanover Square Hospitality Group Limited
£2.3m - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- - Hanover Square Hospitality Group Limited
- - Industry AVG
Production
with a gross margin of 60%, this company has a comparable cost of product (60%)
60% - Hanover Square Hospitality Group Limited
60% - Industry AVG
Profitability
an operating margin of -84.3% make it less profitable than the average company (3.4%)
-84.3% - Hanover Square Hospitality Group Limited
3.4% - Industry AVG
Employees
with 30 employees, this is below the industry average (48)
30 - Hanover Square Hospitality Group Limited
48 - Industry AVG
Pay Structure
on an average salary of £22.7k, the company has an equivalent pay structure (£20.7k)
£22.7k - Hanover Square Hospitality Group Limited
£20.7k - Industry AVG
Efficiency
resulting in sales per employee of £60.5k, this is equally as efficient (£58.1k)
£60.5k - Hanover Square Hospitality Group Limited
£58.1k - Industry AVG
Debtor Days
it gets paid by customers after 6 days, this is near the average (5 days)
6 days - Hanover Square Hospitality Group Limited
5 days - Industry AVG
Creditor Days
its suppliers are paid after 311 days, this is slower than average (42 days)
311 days - Hanover Square Hospitality Group Limited
42 days - Industry AVG
Stock Days
it holds stock equivalent to 40 days, this is more than average (11 days)
40 days - Hanover Square Hospitality Group Limited
11 days - Industry AVG
Cash Balance
has cash to cover current liabilities
for 1 weeks, this is less cash available to meet short term requirements (12 weeks)
1 weeks - Hanover Square Hospitality Group Limited
12 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 157.7%, this is a higher level of debt than the average (82.8%)
157.7% - Hanover Square Hospitality Group Limited
82.8% - Industry AVG
HANOVER SQUARE HOSPITALITY GROUP LIMITED financials
EXPORT
Hanover Square Hospitality Group Limited's latest turnover from August 2024 is estimated at £1.8 million and the company has net assets of -£2.1 million. According to their latest financial statements, Hanover Square Hospitality Group Limited has 30 employees and maintains cash reserves of £173.9 thousand as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Aug 2024
Aug 2023
Turnover
1,814,621
Other Income Or Grants
Cost Of Sales
726,300
Gross Profit
1,088,321
Admin Expenses
2,618,224
411,899
Operating Profit
-1,529,903
-411,899
Interest Payable
60,560
Interest Receivable
5,080
Pre-Tax Profit
-1,585,384
-473,005
Tax
Profit After Tax
-1,585,384
-473,005
Dividends Paid
Retained Profit
-1,585,384
-473,005
Employee Costs
680,838
39,837
Number Of Employees
30
2
EBITDA*
-1,424,187
-411,899
* Earnings Before Interest, Tax, Depreciation and Amortisation
Aug 2024
Aug 2023
Tangible Assets
3,161,752
780,114
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
3,161,752
780,114
Stock & work in progress
80,487
Trade Debtors
32,831
Group Debtors
Misc Debtors
117,882
104,058
Cash
173,889
29,296
misc current assets
total current assets
405,089
133,354
total assets
3,566,841
913,468
Bank overdraft
1,096
Bank loan
Trade Creditors
619,456
198,626
Group/Directors Accounts
4,750,000
other short term finances
1,100,000
hp & lease commitments
other current liabilities
254,578
87,747
total current liabilities
5,625,130
1,386,373
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
total long term liabilities
total liabilities
5,625,130
1,386,373
net assets
-2,058,289
-472,905
total shareholders funds
-2,058,289
-472,905
Aug 2024
Aug 2023
Operating Activities
Operating Profit
-1,529,903
-411,899
Depreciation
105,716
Amortisation
Tax
Stock
80,487
Debtors
46,655
104,058
Creditors
420,830
198,626
Accruals and Deferred Income
166,831
87,747
Deferred Taxes & Provisions
Cash flow from operations
-963,668
-229,584
Investing Activities
capital expenditure
-2,487,354
-780,114
Change in Investments
cash flow from investments
-2,487,354
-780,114
Financing Activities
Bank loans
Group/Directors Accounts
4,750,000
Other Short Term Loans
-1,100,000
1,100,000
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
share issue
100
interest
-55,480
cash flow from financing
3,594,520
1,100,100
cash and cash equivalents
cash
144,593
29,296
overdraft
1,096
change in cash
143,497
29,296
hanover square hospitality group limited Credit Report and Business Information
Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
Get a comprehensive credit check for hanover square hospitality group limited. Get real-time insights into hanover square hospitality group limited's credit score, group structure and payment trends.
Hanover Square Hospitality Group Limited Competitor Analysis
Perform a competitor analysis for hanover square hospitality group limited by selecting its closest rivals, whether from the ACCOMMODATION AND FOOD SERVICE ACTIVITIES sector, other small companies, companies in SW1Y area or any other competitors across 12 key performance metrics.
hanover square hospitality group limited Ownership
HANOVER SQUARE HOSPITALITY GROUP LIMITED group structure
Hanover Square Hospitality Group Limited has no subsidiary companies.
Ultimate parent company
TCHACK LTD
#0141128
1 parent
HANOVER SQUARE HOSPITALITY GROUP LIMITED
14030861
HANOVER SQUARE HOSPITALITY GROUP LIMITED Shareholders
The sole shareholder of Hanover Square Hospitality Group Limited is Tchack Limited.
tchack limited
100%
hanover square hospitality group limited directors
Hanover Square Hospitality Group Limited currently has 3 directors.
The longest serving directors include
Mr Nicholas Fallows (Apr 2022) and
Mr Nicholas Fallows (Apr 2022).
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
August 2024
net assets
-2.1m
+3.35%
total assets
3.6m
+2.9%
cash
173.9k
+4.94%
net assets
Total assets minus all liabilities
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hanover square hospitality group limited company details
company number
14030861
Type
Private limited with Share Capital
industry
56101 - Licensed restaurants
incorporation date
April 2022
age
3
incorporated
UK
ultimate parent company
TCHACK LTD
accounts
Total Exemption Full
last accounts submitted
August 2024
previous names
N/A
accountant
-
auditor
-
address
26 st. james's square, london, SW1Y 4JH
Bank
-
Legal Advisor
-
hanover square hospitality group 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 hanover square hospitality group limited.
hanover square hospitality group limited 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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hanover square hospitality group limitedCompanies House Filings - See Documents
