hx developments ltd
hx developments ltd Company Information
Group Structure
View All
Industry
Buying and selling of own real estate
Registered Address
27-29 crown street, halifax, HX1 1TT
Website
-hx developments ltd Estimated Valuation
Pomanda estimates the enterprise value of HX DEVELOPMENTS LTD at £246.1k based on a Turnover of £81.6k and 3.02x industry multiple (adjusted for size and gross margin).
hx developments ltd Estimated Valuation
Pomanda estimates the enterprise value of HX DEVELOPMENTS LTD at £3.4k based on an EBITDA of £533 and a 6.47x industry multiple (adjusted for size and gross margin).
hx developments ltd Estimated Valuation
Pomanda estimates the enterprise value of HX DEVELOPMENTS LTD at £716 based on Net Assets of £455 and 1.58x industry multiple (adjusted for liquidity).
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Hx Developments Ltd Overview
Hx Developments Ltd is a live company located in halifax, HX1 1TT with a Companies House number of 14210188. It operates in the buying and selling of own real estate sector, SIC Code 68100. Founded in July 2022, it's largest shareholder is imran farooq with a 100% stake. Hx Developments Ltd is a startup, micro sized company, Pomanda has estimated its turnover at £81.6k with unknown growth in recent years.
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Hx Developments Ltd Health Check
Pomanda's financial health check has awarded Hx Developments Ltd a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 6 areas for improvement. Company Health Check FAQs
2 Strong
2 Regular
6 Weak
Size
annual sales of £81.6k, make it smaller than the average company (£848k)
- Hx Developments Ltd
£848k - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Hx Developments Ltd
- - Industry AVG
Production
with a gross margin of 69.2%, this company has a comparable cost of product (69.2%)
- Hx Developments Ltd
69.2% - Industry AVG
Profitability
an operating margin of 0.7% make it less profitable than the average company (26.2%)
- Hx Developments Ltd
26.2% - Industry AVG
Employees
with 1 employees, this is below the industry average (4)
1 - Hx Developments Ltd
4 - Industry AVG
Pay Structure
on an average salary of £34.8k, the company has an equivalent pay structure (£34.8k)
- Hx Developments Ltd
£34.8k - Industry AVG
Efficiency
resulting in sales per employee of £81.6k, this is less efficient (£185.9k)
- Hx Developments Ltd
£185.9k - Industry AVG
Debtor Days
it gets paid by customers after 20 days, this is earlier than average (25 days)
- Hx Developments Ltd
25 days - Industry AVG
Creditor Days
its suppliers are paid after 35 days, this is slower than average (30 days)
- Hx Developments Ltd
30 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Hx Developments Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 1 weeks, this is less cash available to meet short term requirements (9 weeks)
1 weeks - Hx Developments Ltd
9 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 99.5%, this is a higher level of debt than the average (64.3%)
99.5% - Hx Developments Ltd
64.3% - Industry AVG
HX DEVELOPMENTS LTD financials
Hx Developments Ltd's latest turnover from July 2023 is estimated at £81.6 thousand and the company has net assets of £455. According to their latest financial statements, Hx Developments Ltd has 1 employee and maintains cash reserves of £2.9 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jul 2023 | |
|---|---|
| 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 | 1 |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jul 2023 | |
|---|---|
| Tangible Assets | 87,043 |
| Intangible Assets | |
| Investments & Other | |
| Debtors (Due After 1 year) | |
| Total Fixed Assets | 87,043 |
| Stock & work in progress | |
| Trade Debtors | 4,583 |
| Group Debtors | |
| Misc Debtors | |
| Cash | 2,893 |
| misc current assets | |
| total current assets | 7,476 |
| total assets | 94,519 |
| Bank overdraft | |
| Bank loan | |
| Trade Creditors | 2,417 |
| Group/Directors Accounts | |
| other short term finances | |
| hp & lease commitments | |
| other current liabilities | 91,647 |
| total current liabilities | 94,064 |
| loans | |
| hp & lease commitments | |
| Accruals and Deferred Income | |
| other liabilities | |
| provisions | |
| total long term liabilities | |
| total liabilities | 94,064 |
| net assets | 455 |
| total shareholders funds | 455 |
| Jul 2023 | |
|---|---|
| Operating Activities | |
| Operating Profit | |
| Depreciation | |
| Amortisation | |
| Tax | |
| Stock | |
| Debtors | 4,583 |
| Creditors | 2,417 |
| Accruals and Deferred Income | 91,647 |
| 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 | 2,893 |
| overdraft | |
| change in cash | 2,893 |
hx developments ltd Credit Report and Business Information
Hx Developments Ltd Competitor Analysis
Perform a competitor analysis for hx developments ltd by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other micro companies, companies in HX1 area or any other competitors across 12 key performance metrics.
hx developments ltd Ownership
HX DEVELOPMENTS LTD group structure
Hx Developments Ltd has no subsidiary companies.
Ultimate parent company
HX DEVELOPMENTS LTD
14210188
hx developments ltd directors
Hx Developments Ltd currently has 1 director, Mr Imran Farooq serving since Jul 2022.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Imran Farooq | England | 45 years | Jul 2022 | - | Director |
P&L
July 2023turnover
81.6k
0%
operating profit
533
0%
gross margin
69.3%
0%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
July 2023net assets
455
0%
total assets
94.5k
0%
cash
2.9k
0%
net assets
Total assets minus all liabilities
Similar Companies
hx developments ltd company details
company number
14210188
Type
Private limited with Share Capital
industry
68100 - Buying and selling of own real estate
incorporation date
July 2022
age
3
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
July 2023
previous names
N/A
accountant
-
auditor
-
address
27-29 crown street, halifax, HX1 1TT
Bank
-
Legal Advisor
-
hx 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 hx developments ltd.
hx 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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hx developments ltd Companies House Filings - See Documents
| date | description | view/download |
|---|
