hhg no4. limited
hhg no4. limited Company Information
Company Number
NI673190
Next Accounts
Jul 2025
Shareholders
hastings hotels group limited
Group Structure
View All
Industry
Hotels and similar accommodation
Registered Address
1066 house, 587 upper newtownards road, belfast, BT4 3LP
hhg no4. limited Estimated Valuation
Pomanda estimates the enterprise value of HHG NO4. LIMITED at £28.4m based on a Turnover of £16m and 1.78x industry multiple (adjusted for size and gross margin).
hhg no4. limited Estimated Valuation
Pomanda estimates the enterprise value of HHG NO4. LIMITED at £28.9m based on an EBITDA of £4.1m and a 7.12x industry multiple (adjusted for size and gross margin).
hhg no4. limited Estimated Valuation
Pomanda estimates the enterprise value of HHG NO4. LIMITED at £58.8m based on Net Assets of £28.2m and 2.09x industry multiple (adjusted for liquidity).
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Hhg No4. Limited Overview
Hhg No4. Limited is a live company located in belfast, BT4 3LP with a Companies House number of NI673190. It operates in the hotels and similar accommodation sector, SIC Code 55100. Founded in October 2020, it's largest shareholder is hastings hotels group limited with a 100% stake. Hhg No4. Limited is a young, mid sized company, Pomanda has estimated its turnover at £16m with unknown growth in recent years.
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Hhg No4. Limited Health Check
Pomanda's financial health check has awarded Hhg No4. Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 7 measures and has 3 areas for improvement. Company Health Check FAQs
7 Strong
1 Regular
3 Weak
Size
annual sales of £16m, make it larger than the average company (£5.2m)
£16m - Hhg No4. Limited
£5.2m - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Hhg No4. Limited
- - Industry AVG
Production
with a gross margin of 87.5%, this company has a lower cost of product (64.3%)
87.5% - Hhg No4. Limited
64.3% - Industry AVG
Profitability
an operating margin of 19.3% make it more profitable than the average company (8.5%)
19.3% - Hhg No4. Limited
8.5% - Industry AVG
Employees
with 272 employees, this is above the industry average (80)
272 - Hhg No4. Limited
80 - Industry AVG
Pay Structure
on an average salary of £15.2k, the company has a lower pay structure (£23.1k)
£15.2k - Hhg No4. Limited
£23.1k - Industry AVG
Efficiency
resulting in sales per employee of £58.7k, this is equally as efficient (£68.9k)
£58.7k - Hhg No4. Limited
£68.9k - Industry AVG
Debtor Days
it gets paid by customers after 23 days, this is later than average (8 days)
23 days - Hhg No4. Limited
8 days - Industry AVG
Creditor Days
its suppliers are paid after 200 days, this is slower than average (48 days)
200 days - Hhg No4. Limited
48 days - Industry AVG
Stock Days
it holds stock equivalent to 26 days, this is more than average (8 days)
26 days - Hhg No4. Limited
8 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 3 weeks, this is less cash available to meet short term requirements (7 weeks)
3 weeks - Hhg No4. Limited
7 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 6.9%, this is a lower level of debt than the average (74.5%)
6.9% - Hhg No4. Limited
74.5% - Industry AVG
HHG NO4. LIMITED financials
Hhg No4. Limited's latest turnover from October 2023 is £16 million and the company has net assets of £28.2 million. According to their latest financial statements, Hhg No4. Limited has 272 employees and maintains cash reserves of £125.2 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Oct 2023 | Oct 2022 | Oct 2021 | |
|---|---|---|---|
| Turnover | 15,963,314 | 12,613,564 | 5,459,263 |
| Other Income Or Grants | |||
| Cost Of Sales | 1,989,038 | 1,535,594 | 598,792 |
| Gross Profit | 13,974,276 | 11,077,970 | 4,860,471 |
| Admin Expenses | 10,892,595 | 10,700,250 | 6,896,420 |
| Operating Profit | 3,081,681 | 377,720 | -2,035,949 |
| Interest Payable | 771,220 | 921,879 | 813,280 |
| Interest Receivable | |||
| Pre-Tax Profit | 2,310,461 | -544,159 | -2,849,229 |
| Tax | -106,890 | -71,338 | -23,865 |
| Profit After Tax | 2,203,571 | -615,497 | -2,873,094 |
| Dividends Paid | |||
| Retained Profit | 2,203,571 | -615,497 | -2,873,094 |
| Employee Costs | 4,134,685 | 3,106,082 | 1,900,456 |
| Number Of Employees | 272 | 205 | 155 |
| EBITDA* | 4,061,759 | 1,376,749 | -1,069,732 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Oct 2023 | Oct 2022 | Oct 2021 | |
|---|---|---|---|
| Tangible Assets | 25,367,616 | 26,014,446 | 26,705,129 |
| Intangible Assets | 120,784 | 138,039 | 155,294 |
| Investments & Other | |||
| Debtors (Due After 1 year) | |||
| Total Fixed Assets | 25,488,400 | 26,152,485 | 26,860,423 |
| Stock & work in progress | 143,742 | 103,535 | 82,170 |
| Trade Debtors | 1,040,765 | 1,396,409 | 282,870 |
| Group Debtors | 2,880,529 | ||
| Misc Debtors | 572,174 | 216,309 | 43,479 |
| Cash | 125,182 | 13,616 | 7,700 |
| misc current assets | |||
| total current assets | 4,762,392 | 1,729,869 | 416,219 |
| total assets | 30,250,792 | 27,882,354 | 27,276,642 |
| Bank overdraft | |||
| Bank loan | |||
| Trade Creditors | 1,095,247 | 961,968 | 666,819 |
| Group/Directors Accounts | 28,920,740 | 28,662,315 | |
| other short term finances | 302,532 | ||
| hp & lease commitments | |||
| other current liabilities | 1,002,220 | 1,220,484 | 321,655 |
| total current liabilities | 2,097,467 | 31,103,192 | 29,953,321 |
| loans | |||
| hp & lease commitments | |||
| Accruals and Deferred Income | |||
| other liabilities | |||
| provisions | 267,752 | 196,414 | |
| total long term liabilities | 267,752 | 196,414 | |
| total liabilities | 2,097,467 | 31,370,944 | 30,149,735 |
| net assets | 28,153,325 | -3,488,590 | -2,873,093 |
| total shareholders funds | 28,153,325 | -3,488,590 | -2,873,093 |
| Oct 2023 | Oct 2022 | Oct 2021 | |
|---|---|---|---|
| Operating Activities | |||
| Operating Profit | 3,081,681 | 377,720 | -2,035,949 |
| Depreciation | 962,823 | 981,774 | 948,962 |
| Amortisation | 17,255 | 17,255 | 17,255 |
| Tax | -106,890 | -71,338 | -23,865 |
| Stock | 40,207 | 21,365 | 82,170 |
| Debtors | 2,880,750 | 1,286,369 | 326,349 |
| Creditors | 133,279 | 295,149 | 666,819 |
| Accruals and Deferred Income | -218,264 | 898,829 | 321,655 |
| Deferred Taxes & Provisions | -267,752 | 71,338 | 196,414 |
| Cash flow from operations | 681,175 | 1,262,993 | -317,228 |
| Investing Activities | |||
| capital expenditure | |||
| Change in Investments | |||
| cash flow from investments | |||
| Financing Activities | |||
| Bank loans | |||
| Group/Directors Accounts | -28,920,740 | 258,425 | 28,662,315 |
| Other Short Term Loans | -302,532 | 302,532 | |
| Long term loans | |||
| Hire Purchase and Lease Commitments | |||
| other long term liabilities | |||
| share issue | |||
| interest | -771,220 | -921,879 | -813,280 |
| cash flow from financing | -253,616 | -965,986 | 28,151,568 |
| cash and cash equivalents | |||
| cash | 111,566 | 5,916 | 7,700 |
| overdraft | |||
| change in cash | 111,566 | 5,916 | 7,700 |
hhg no4. limited Credit Report and Business Information
Hhg No4. Limited Competitor Analysis
Perform a competitor analysis for hhg no4. limited by selecting its closest rivals, whether from the ACCOMMODATION AND FOOD SERVICE ACTIVITIES sector, other mid companies, companies in BT4 area or any other competitors across 12 key performance metrics.
hhg no4. limited Ownership
HHG NO4. LIMITED group structure
Hhg No4. Limited has no subsidiary companies.
hhg no4. limited directors
Hhg No4. Limited currently has 2 directors. The longest serving directors include Mr Peter Gibson (Oct 2020) and Mr Howard Hastings (Oct 2020).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Peter Gibson | England | 52 years | Oct 2020 | - | Director |
| Mr Howard Hastings | Northern Ireland | 62 years | Oct 2020 | - | Director |
P&L
October 2023turnover
16m
+27%
operating profit
3.1m
+716%
gross margin
87.6%
-0.33%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
October 2023net assets
28.2m
-9.07%
total assets
30.3m
+0.08%
cash
125.2k
+8.19%
net assets
Total assets minus all liabilities
Similar Companies
hhg no4. limited company details
company number
NI673190
Type
Private limited with Share Capital
industry
55100 - Hotels and similar accommodation
incorporation date
October 2020
age
5
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
October 2023
previous names
N/A
accountant
-
auditor
GRANT THORNTON (NI) LLP
address
1066 house, 587 upper newtownards road, belfast, BT4 3LP
Bank
-
Legal Advisor
-
hhg no4. 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 found 2 charges/mortgages relating to hhg no4. limited. Currently there are 2 open charges and 0 have been satisfied in the past.
hhg no4. 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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hhg no4. limited Companies House Filings - See Documents
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