haffey sportsgrounds ltd
haffey sportsgrounds ltd Company Information
Company Number
NI619154
Registered Address
47 derrycarne road, portadown, craigavon, BT62 1PT
Industry
Landscape service activities
Telephone
02838394350
Next Accounts Due
September 2024
Group Structure
View All
Directors
Thomas Salt10 Years
Shareholders
tj salt holdings ltd 100%
haffey sportsgrounds ltd Estimated Valuation
Pomanda estimates the enterprise value of HAFFEY SPORTSGROUNDS LTD at £1.5m based on a Turnover of £4.5m and 0.33x industry multiple (adjusted for size and gross margin).
haffey sportsgrounds ltd Estimated Valuation
Pomanda estimates the enterprise value of HAFFEY SPORTSGROUNDS LTD at £236.4k based on an EBITDA of £79.5k and a 2.97x industry multiple (adjusted for size and gross margin).
haffey sportsgrounds ltd Estimated Valuation
Pomanda estimates the enterprise value of HAFFEY SPORTSGROUNDS LTD at £6.2m based on Net Assets of £2.4m and 2.6x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Haffey Sportsgrounds Ltd Overview
Haffey Sportsgrounds Ltd is a live company located in craigavon, BT62 1PT with a Companies House number of NI619154. It operates in the landscape service activities sector, SIC Code 81300. Founded in July 2013, it's largest shareholder is tj salt holdings ltd with a 100% stake. Haffey Sportsgrounds Ltd is a established, small sized company, Pomanda has estimated its turnover at £4.5m with declining growth in recent years.
Upgrade for unlimited company reports & a free credit check
Haffey Sportsgrounds Ltd Health Check
Pomanda's financial health check has awarded Haffey Sportsgrounds Ltd a 5 rating. We use a traffic light system to show it exceeds the industry average on 6 measures and has 3 areas for improvement. Company Health Check FAQs
6 Strong
3 Regular
3 Weak
Size
annual sales of £4.5m, make it larger than the average company (£182.9k)
- Haffey Sportsgrounds Ltd
£182.9k - Industry AVG
Growth
3 year (CAGR) sales growth of -9%, show it is growing at a slower rate (6.6%)
- Haffey Sportsgrounds Ltd
6.6% - Industry AVG
Production
with a gross margin of 38.3%, this company has a comparable cost of product (38.3%)
- Haffey Sportsgrounds Ltd
38.3% - Industry AVG
Profitability
an operating margin of -1.1% make it less profitable than the average company (5.4%)
- Haffey Sportsgrounds Ltd
5.4% - Industry AVG
Employees
with 26 employees, this is above the industry average (3)
26 - Haffey Sportsgrounds Ltd
3 - Industry AVG
Pay Structure
on an average salary of £22k, the company has an equivalent pay structure (£22k)
- Haffey Sportsgrounds Ltd
£22k - Industry AVG
Efficiency
resulting in sales per employee of £171.2k, this is more efficient (£66.9k)
- Haffey Sportsgrounds Ltd
£66.9k - Industry AVG
Debtor Days
it gets paid by customers after 40 days, this is near the average (49 days)
- Haffey Sportsgrounds Ltd
49 days - Industry AVG
Creditor Days
its suppliers are paid after 77 days, this is slower than average (40 days)
- Haffey Sportsgrounds Ltd
40 days - Industry AVG
Stock Days
it holds stock equivalent to 114 days, this is more than average (8 days)
- Haffey Sportsgrounds Ltd
8 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 57 weeks, this is more cash available to meet short term requirements (24 weeks)
57 weeks - Haffey Sportsgrounds Ltd
24 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 35.3%, this is a lower level of debt than the average (59.8%)
35.3% - Haffey Sportsgrounds Ltd
59.8% - Industry AVG
HAFFEY SPORTSGROUNDS LTD financials
Haffey Sportsgrounds Ltd's latest turnover from December 2022 is estimated at £4.5 million and the company has net assets of £2.4 million. According to their latest financial statements, Haffey Sportsgrounds Ltd has 26 employees and maintains cash reserves of £1.1 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | |
|---|---|---|---|---|---|---|---|---|---|
| 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 | 26 | 24 | 29 | 29 | 24 | 23 | |||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | |
|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 1,134,860 | 1,096,707 | 1,007,509 | 925,012 | 700,115 | 655,140 | 617,269 | 507,683 | 509,291 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 30,000 | 52,500 | 82,500 | 112,500 |
| Investments & Other | 77,781 | 77,781 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 1,212,641 | 1,174,488 | 1,007,509 | 925,012 | 700,115 | 685,140 | 669,769 | 590,183 | 621,791 |
| Stock & work in progress | 857,402 | 900,708 | 772,388 | 667,647 | 276,756 | 328,801 | 497,093 | 667,860 | 118,078 |
| Trade Debtors | 494,894 | 706,571 | 610,809 | 628,130 | 505,571 | 129,379 | 204,508 | 66,487 | 264,924 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 60,811 | 28,119 | 39,900 | 10,938 | 25,225 | 140 | 140 | 0 | 0 |
| Cash | 1,084,073 | 501,715 | 1,178,848 | 951,813 | 695,987 | 8,972 | 57,844 | 194,278 | 52,443 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 2,497,180 | 2,137,113 | 2,601,945 | 2,258,528 | 1,503,539 | 467,292 | 759,585 | 928,625 | 435,445 |
| total assets | 3,709,821 | 3,311,601 | 3,609,454 | 3,183,540 | 2,203,654 | 1,152,432 | 1,429,354 | 1,518,808 | 1,057,236 |
| Bank overdraft | 0 | 0 | 12,885 | 0 | 0 | 14,758 | 0 | 0 | 0 |
| Bank loan | 12,668 | 11,948 | 11,948 | 11,953 | 11,953 | 11,953 | 11,953 | 0 | 0 |
| Trade Creditors | 582,226 | 358,778 | 479,254 | 640,162 | 461,994 | 144,001 | 325,125 | 724,935 | 423,963 |
| Group/Directors Accounts | 18,565 | 24,163 | 57,735 | 57,206 | 56,892 | 38,756 | 49,032 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 2,524 | 17,456 | 23,419 | 32,109 | 50,850 | 67,290 | 66,723 | 0 | 0 |
| other current liabilities | 366,825 | 102,740 | 280,475 | 561,974 | 508,116 | 48,891 | 109,774 | 0 | 0 |
| total current liabilities | 982,808 | 515,085 | 865,716 | 1,303,404 | 1,089,805 | 325,649 | 562,607 | 724,935 | 423,963 |
| loans | 98,687 | 194,458 | 445,421 | 405,004 | 414,058 | 422,803 | 431,339 | 0 | 0 |
| hp & lease commitments | 0 | 1,656 | 16,185 | 34,615 | 42,925 | 86,165 | 97,917 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 432,225 | 421,549 |
| provisions | 227,953 | 163,498 | 144,189 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 326,640 | 359,612 | 605,795 | 439,619 | 456,983 | 508,968 | 529,256 | 432,225 | 421,549 |
| total liabilities | 1,309,448 | 874,697 | 1,471,511 | 1,743,023 | 1,546,788 | 834,617 | 1,091,863 | 1,157,160 | 845,512 |
| net assets | 2,400,373 | 2,436,904 | 2,137,943 | 1,440,517 | 656,866 | 317,815 | 337,491 | 361,648 | 211,724 |
| total shareholders funds | 2,400,373 | 2,436,904 | 2,137,943 | 1,440,517 | 656,866 | 317,815 | 337,491 | 361,648 | 211,724 |
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | |
|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||
| Operating Profit | |||||||||
| Depreciation | 128,738 | 122,578 | 104,136 | 82,060 | 63,949 | 56,925 | 126,383 | 121,080 | 169,764 |
| Amortisation | 0 | 0 | 0 | 0 | 30,000 | 22,500 | 30,000 | 30,000 | 37,500 |
| Tax | |||||||||
| Stock | -43,306 | 128,320 | 104,741 | 390,891 | -52,045 | -168,292 | -170,767 | 549,782 | 118,078 |
| Debtors | -178,985 | 83,981 | 11,641 | 108,272 | 401,277 | -75,129 | 138,161 | -198,437 | 264,924 |
| Creditors | 223,448 | -120,476 | -160,908 | 178,168 | 317,993 | -181,124 | -399,810 | 300,972 | 423,963 |
| Accruals and Deferred Income | 264,085 | -177,735 | -281,499 | 53,858 | 459,225 | -60,883 | 109,774 | 0 | 0 |
| Deferred Taxes & Provisions | 64,455 | 19,309 | 144,189 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | |||||||||
| Investing Activities | |||||||||
| capital expenditure | |||||||||
| Change in Investments | 0 | 77,781 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | |||||||||
| Financing Activities | |||||||||
| Bank loans | 720 | 0 | -5 | 0 | 0 | 0 | 11,953 | 0 | 0 |
| Group/Directors Accounts | -5,598 | -33,572 | 529 | 314 | 18,136 | -10,276 | 49,032 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | -95,771 | -250,963 | 40,417 | -9,054 | -8,745 | -8,536 | 431,339 | 0 | 0 |
| Hire Purchase and Lease Commitments | -16,588 | -20,492 | -27,120 | -27,051 | -59,680 | -11,185 | 164,640 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | -432,225 | 10,676 | 421,549 |
| share issue | |||||||||
| interest | |||||||||
| cash flow from financing | |||||||||
| cash and cash equivalents | |||||||||
| cash | 582,358 | -677,133 | 227,035 | 255,826 | 687,015 | -48,872 | -136,434 | 141,835 | 52,443 |
| overdraft | 0 | -12,885 | 12,885 | 0 | -14,758 | 14,758 | 0 | 0 | 0 |
| change in cash | 582,358 | -664,248 | 214,150 | 255,826 | 701,773 | -63,630 | -136,434 | 141,835 | 52,443 |
haffey sportsgrounds ltd Credit Report and Business Information
Haffey Sportsgrounds Ltd Competitor Analysis
Perform a competitor analysis for haffey sportsgrounds ltd by selecting its closest rivals and benchmarking them against 12 key performance metrics.
haffey sportsgrounds ltd Ownership
HAFFEY SPORTSGROUNDS LTD group structure
Haffey Sportsgrounds Ltd has no subsidiary companies.
Ultimate parent company
HAFFEY SPORTSGROUNDS LTD
NI619154
haffey sportsgrounds ltd directors
Haffey Sportsgrounds Ltd currently has 1 director, Mr Thomas Salt serving since Jul 2013.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Thomas Salt | Northern Ireland | 39 years | Jul 2013 | - | Director |
P&L
December 2022turnover
4.5m
-21%
operating profit
-49.2k
0%
gross margin
38.4%
+35.74%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2022net assets
2.4m
-0.01%
total assets
3.7m
+0.12%
cash
1.1m
+1.16%
net assets
Total assets minus all liabilities
Similar Companies
haffey sportsgrounds ltd company details
company number
NI619154
Type
Private limited with Share Capital
industry
81300 - Landscape service activities
incorporation date
July 2013
age
11
accounts
Total Exemption Full
ultimate parent company
previous names
N/A
incorporated
UK
address
47 derrycarne road, portadown, craigavon, BT62 1PT
last accounts submitted
December 2022
haffey sportsgrounds 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 haffey sportsgrounds ltd.
haffey sportsgrounds ltd Companies House Filings - See Documents
| date | description | view/download |
|---|
