hgl newcastle ltd
hgl newcastle ltd Company Information
Company Number
14307396
Next Accounts
Sep 2025
Shareholders
hg living limited
Group Structure
View All
Industry
Development of building projects
Registered Address
4 hunting gate, hitchin, hertfordshire, SG4 0TJ
Website
-hgl newcastle ltd Estimated Valuation
Pomanda estimates the enterprise value of HGL NEWCASTLE LTD at £3.5m based on a Turnover of £6.2m and 0.57x industry multiple (adjusted for size and gross margin).
hgl newcastle ltd Estimated Valuation
Pomanda estimates the enterprise value of HGL NEWCASTLE LTD at £0 based on an EBITDA of £-7.4k and a 4.41x industry multiple (adjusted for size and gross margin).
hgl newcastle ltd Estimated Valuation
Pomanda estimates the enterprise value of HGL NEWCASTLE LTD at £0 based on Net Assets of £-2.2k and 1.49x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Hgl Newcastle Ltd Overview
Hgl Newcastle Ltd is a live company located in hertfordshire, SG4 0TJ with a Companies House number of 14307396. It operates in the development of building projects sector, SIC Code 41100. Founded in August 2022, it's largest shareholder is hg living limited with a 100% stake. Hgl Newcastle Ltd is a startup, mid sized company, Pomanda has estimated its turnover at £6.2m with unknown growth in recent years.
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Hgl Newcastle Ltd Health Check
Pomanda's financial health check has awarded Hgl Newcastle Ltd a 3 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 4 areas for improvement. Company Health Check FAQs
3 Strong
3 Regular
4 Weak
Size
annual sales of £6.2m, make it larger than the average company (£2.5m)
- Hgl Newcastle Ltd
£2.5m - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Hgl Newcastle Ltd
- - Industry AVG
Production
with a gross margin of 27.1%, this company has a comparable cost of product (27.1%)
- Hgl Newcastle Ltd
27.1% - Industry AVG
Profitability
an operating margin of -0.1% make it less profitable than the average company (7%)
- Hgl Newcastle Ltd
7% - Industry AVG
Employees
with 7 employees, this is similar to the industry average (7)
7 - Hgl Newcastle Ltd
7 - Industry AVG
Pay Structure
on an average salary of £48.3k, the company has an equivalent pay structure (£48.3k)
- Hgl Newcastle Ltd
£48.3k - Industry AVG
Efficiency
resulting in sales per employee of £884.3k, this is more efficient (£292k)
- Hgl Newcastle Ltd
£292k - Industry AVG
Debtor Days
it gets paid by customers after 38 days, this is later than average (28 days)
- Hgl Newcastle Ltd
28 days - Industry AVG
Creditor Days
its suppliers are paid after 65 days, this is slower than average (31 days)
- Hgl Newcastle Ltd
31 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Hgl Newcastle Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 8 weeks, this is less cash available to meet short term requirements (12 weeks)
8 weeks - Hgl Newcastle Ltd
12 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 100.2%, this is a higher level of debt than the average (73.4%)
100.2% - Hgl Newcastle Ltd
73.4% - Industry AVG
HGL NEWCASTLE LTD financials
Hgl Newcastle Ltd's latest turnover from December 2023 is estimated at £6.2 million and the company has net assets of -£2.2 thousand. According to their latest financial statements, Hgl Newcastle Ltd has 7 employees and maintains cash reserves of £195.3 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 | 7 | 7 |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Dec 2022 | |
|---|---|---|
| Tangible Assets | ||
| Intangible Assets | ||
| Investments & Other | ||
| Debtors (Due After 1 year) | ||
| Total Fixed Assets | ||
| Stock & work in progress | 227,276 | |
| Trade Debtors | 661,011 | |
| Group Debtors | 53,612 | 352,651 |
| Misc Debtors | 312,596 | 1 |
| Cash | 195,348 | |
| misc current assets | ||
| total current assets | 1,222,567 | 579,928 |
| total assets | 1,222,567 | 579,928 |
| Bank overdraft | ||
| Bank loan | ||
| Trade Creditors | 809,953 | 80,094 |
| Group/Directors Accounts | 499,833 | |
| other short term finances | ||
| hp & lease commitments | ||
| other current liabilities | 414,850 | |
| total current liabilities | 1,224,803 | 579,927 |
| loans | ||
| hp & lease commitments | ||
| Accruals and Deferred Income | ||
| other liabilities | ||
| provisions | ||
| total long term liabilities | ||
| total liabilities | 1,224,803 | 579,927 |
| net assets | -2,236 | 1 |
| total shareholders funds | -2,236 | 1 |
| Dec 2023 | Dec 2022 | |
|---|---|---|
| Operating Activities | ||
| Operating Profit | ||
| Depreciation | ||
| Amortisation | ||
| Tax | ||
| Stock | -227,276 | 227,276 |
| Debtors | 674,567 | 352,652 |
| Creditors | 729,859 | 80,094 |
| Accruals and Deferred Income | 414,850 | |
| 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 | -499,833 | 499,833 |
| 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 | 195,348 | |
| overdraft | ||
| change in cash | 195,348 |
hgl newcastle ltd Credit Report and Business Information
Hgl Newcastle Ltd Competitor Analysis
Perform a competitor analysis for hgl newcastle ltd by selecting its closest rivals, whether from the CONSTRUCTION sector, other mid companies, companies in SG4 area or any other competitors across 12 key performance metrics.
hgl newcastle ltd Ownership
HGL NEWCASTLE LTD group structure
Hgl Newcastle Ltd has no subsidiary companies.
hgl newcastle ltd directors
Hgl Newcastle Ltd currently has 7 directors. The longest serving directors include Mr Craig McPhail (Aug 2022) and Mr Greg Purkiss (Aug 2022).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Craig McPhail | United Kingdom | 45 years | Aug 2022 | - | Director |
| Mr Greg Purkiss | United Kingdom | 43 years | Aug 2022 | - | Director |
| Mr Kevin Quinn | England | 71 years | Aug 2022 | - | Director |
| Mr Christopher Benham | United Kingdom | 67 years | Aug 2022 | - | Director |
| Mr Adam Quinn | United Kingdom | 42 years | Aug 2022 | - | Director |
| Mr James Young | United Kingdom | 42 years | Nov 2024 | - | Director |
| Mr Mark Quinn | United Kingdom | 40 years | Nov 2024 | - | Director |
P&L
December 2023turnover
6.2m
+486%
operating profit
-7.4k
0%
gross margin
27.2%
+1.6%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
-2.2k
-2237%
total assets
1.2m
+1.11%
cash
195.3k
0%
net assets
Total assets minus all liabilities
Similar Companies
hgl newcastle ltd company details
company number
14307396
Type
Private limited with Share Capital
industry
41100 - Development of building projects
incorporation date
August 2022
age
3
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
December 2023
previous names
N/A
accountant
-
auditor
-
address
4 hunting gate, hitchin, hertfordshire, SG4 0TJ
Bank
-
Legal Advisor
-
hgl newcastle 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 hgl newcastle ltd.
hgl newcastle 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 HGL NEWCASTLE LTD. This can take several minutes, an email will notify you when this has completed.
hgl newcastle ltd Companies House Filings - See Documents
| date | description | view/download |
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