hero brands ltd
hero brands ltd Company Information
Company Number
SC586287
Next Accounts
76 days late
Industry
Activities of other holding companies (not including agricultural, production, construction, distribution and financial services holding companies) n.e.c.
Shareholders
athif sarwar
Group Structure
View All
Contact
Registered Address
5 westpoint house,, 5 redwood place, peel park, east kilbride, glasgow, G74 5PB
Website
-hero brands ltd Estimated Valuation
Pomanda estimates the enterprise value of HERO BRANDS LTD at £88.2m based on a Turnover of £37.9m and 2.33x industry multiple (adjusted for size and gross margin).
hero brands ltd Estimated Valuation
Pomanda estimates the enterprise value of HERO BRANDS LTD at £0 based on an EBITDA of £-1.2m and a 9.93x industry multiple (adjusted for size and gross margin).
hero brands ltd Estimated Valuation
Pomanda estimates the enterprise value of HERO BRANDS LTD at £2.6m based on Net Assets of £2m and 1.26x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Hero Brands Ltd Overview
Hero Brands Ltd is a live company located in east kilbride, G74 5PB with a Companies House number of SC586287. It operates in the activities of other holding companies n.e.c. sector, SIC Code 64209. Founded in January 2018, it's largest shareholder is athif sarwar with a 100% stake. Hero Brands Ltd is a young, large sized company, Pomanda has estimated its turnover at £37.9m with rapid growth in recent years.
Upgrade for unlimited company reports & a free credit check
Hero Brands Ltd Health Check
Pomanda's financial health check has awarded Hero Brands Ltd a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 6 areas for improvement. Company Health Check FAQs
5 Strong
1 Regular
6 Weak
Size
annual sales of £37.9m, make it larger than the average company (£17.9m)
£37.9m - Hero Brands Ltd
£17.9m - Industry AVG
Growth
3 year (CAGR) sales growth of 2590%, show it is growing at a faster rate (6.5%)
- Hero Brands Ltd
6.5% - Industry AVG
Production
with a gross margin of 45.9%, this company has a lower cost of product (36%)
45.9% - Hero Brands Ltd
36% - Industry AVG
Profitability
an operating margin of -4.6% make it less profitable than the average company (5.2%)
-4.6% - Hero Brands Ltd
5.2% - Industry AVG
Employees
with 56 employees, this is below the industry average (105)
56 - Hero Brands Ltd
105 - Industry AVG
Pay Structure
on an average salary of £76.9k, the company has a higher pay structure (£42k)
£76.9k - Hero Brands Ltd
£42k - Industry AVG
Efficiency
resulting in sales per employee of £676.4k, this is more efficient (£178.5k)
£676.4k - Hero Brands Ltd
£178.5k - Industry AVG
Debtor Days
it gets paid by customers after 44 days, this is near the average (47 days)
44 days - Hero Brands Ltd
47 days - Industry AVG
Creditor Days
its suppliers are paid after 41 days, this is quicker than average (48 days)
41 days - Hero Brands Ltd
48 days - Industry AVG
Stock Days
it holds stock equivalent to 17 days, this is less than average (43 days)
17 days - Hero Brands Ltd
43 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 7 weeks, this is less cash available to meet short term requirements (15 weeks)
7 weeks - Hero Brands Ltd
15 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 81.7%, this is a higher level of debt than the average (69.9%)
81.7% - Hero Brands Ltd
69.9% - Industry AVG
HERO BRANDS LTD financials
Hero Brands Ltd's latest turnover from December 2022 is £37.9 million and the company has net assets of £2 million. According to their latest financial statements, Hero Brands Ltd has 56 employees and maintains cash reserves of £1.6 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | |
|---|---|---|---|---|---|
| Turnover | 37,876,545 | 34,831,966 | 19,660,045 | ||
| Other Income Or Grants | 0 | 0 | 0 | ||
| Cost Of Sales | 20,493,623 | 18,899,851 | 11,771,325 | ||
| Gross Profit | 17,382,922 | 15,932,115 | 7,888,720 | ||
| Admin Expenses | 19,141,197 | 13,386,557 | 6,468,928 | ||
| Operating Profit | -1,758,275 | 2,545,558 | 1,419,792 | ||
| Interest Payable | 22,256 | 0 | 0 | ||
| Interest Receivable | 114 | 1,763 | 0 | ||
| Pre-Tax Profit | -1,598,603 | 2,526,334 | 1,419,792 | ||
| Tax | 5,963 | -741,800 | -335,813 | ||
| Profit After Tax | -1,592,640 | 1,784,534 | 1,083,979 | ||
| Dividends Paid | 0 | 0 | 0 | ||
| Retained Profit | -2,250,550 | 1,818,420 | 1,129,864 | ||
| Employee Costs | 4,308,933 | 4,626,120 | 1,099,842 | ||
| Number Of Employees | 56 | 34 | 16 | ||
| EBITDA* | -1,240,482 | 2,892,434 | 1,709,529 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | |
|---|---|---|---|---|---|
| Tangible Assets | 2,094,863 | 2,037,080 | 177,332 | 93,181 | 94,821 |
| Intangible Assets | 2,201,920 | 1,729,525 | 1,940,159 | 0 | 0 |
| Investments & Other | 2,594,593 | 1,602,430 | 1,154,049 | 1 | 1 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 6,891,376 | 5,369,035 | 3,271,540 | 93,182 | 94,822 |
| Stock & work in progress | 967,371 | 1,496,469 | 35,010 | 0 | 0 |
| Trade Debtors | 4,608,011 | 4,002,745 | 2,493,220 | 248 | 0 |
| Group Debtors | 1,471,931 | 845,286 | 12,500 | 0 | 0 |
| Misc Debtors | 632,186 | 569,744 | 405,694 | 0 | 0 |
| Cash | 1,615,787 | 538,093 | 732,207 | 0 | 0 |
| misc current assets | 0 | 0 | 0 | 0 | 0 |
| total current assets | 9,295,286 | 7,452,337 | 3,678,631 | 248 | 0 |
| total assets | 16,186,662 | 12,821,372 | 6,950,171 | 93,430 | 94,822 |
| Bank overdraft | 689,021 | 37,823 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 2,325,460 | 1,780,075 | 1,072,367 | 401 | 0 |
| Group/Directors Accounts | 506,753 | 2,171,467 | 559,287 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 7,596,494 | 3,839,355 | 2,743,080 | 0 | 0 |
| total current liabilities | 11,117,728 | 7,828,720 | 4,374,734 | 401 | 0 |
| loans | 1,000,000 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 1,059,529 | 349,099 | 0 | 126,881 | 97,257 |
| provisions | 39,383 | 81,437 | 0 | 0 | 0 |
| total long term liabilities | 2,098,912 | 430,536 | 0 | 126,881 | 97,257 |
| total liabilities | 13,216,640 | 8,259,256 | 4,374,734 | 127,282 | 97,257 |
| net assets | 2,025,468 | 4,562,116 | 2,575,437 | -33,852 | -2,435 |
| total shareholders funds | 2,025,468 | 4,562,116 | 2,575,437 | -33,852 | -2,435 |
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | |
|---|---|---|---|---|---|
| Operating Activities | |||||
| Operating Profit | -1,758,275 | 2,545,558 | 1,419,792 | ||
| Depreciation | 231,604 | 82,743 | 51,220 | ||
| Amortisation | 286,189 | 264,133 | 238,517 | ||
| Tax | 5,963 | -741,800 | -335,813 | ||
| Stock | -529,098 | 1,461,459 | 35,010 | 0 | 0 |
| Debtors | 1,294,353 | 2,506,361 | 2,911,166 | 248 | 0 |
| Creditors | 545,385 | 707,708 | 1,071,966 | 401 | 0 |
| Accruals and Deferred Income | 3,757,139 | 1,096,275 | 2,743,080 | 0 | 0 |
| Deferred Taxes & Provisions | -42,054 | 81,437 | 0 | 0 | 0 |
| Cash flow from operations | 2,260,696 | 68,234 | 2,242,586 | ||
| Investing Activities | |||||
| capital expenditure | 0 | 0 | 0 | ||
| Change in Investments | 992,163 | 448,381 | 1,154,048 | 0 | 1 |
| cash flow from investments | -992,163 | -448,381 | -1,154,048 | ||
| Financing Activities | |||||
| Bank loans | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | -1,664,714 | 1,612,180 | 559,287 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 1,000,000 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 710,430 | 349,099 | -126,881 | 29,624 | 97,257 |
| share issue | |||||
| interest | -22,142 | 1,763 | 0 | ||
| cash flow from financing | -262,524 | 2,131,301 | 1,911,831 | ||
| cash and cash equivalents | |||||
| cash | 1,077,694 | -194,114 | 732,207 | 0 | 0 |
| overdraft | 651,198 | 37,823 | 0 | 0 | 0 |
| change in cash | 426,496 | -231,937 | 732,207 | 0 | 0 |
hero brands ltd Credit Report and Business Information
Hero Brands Ltd Competitor Analysis
Perform a competitor analysis for hero brands ltd by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other large companies, companies in G74 area or any other competitors across 12 key performance metrics.
hero brands ltd Ownership
HERO BRANDS LTD group structure
Hero Brands Ltd has 5 subsidiary companies.
Ultimate parent company
HERO BRANDS LTD
SC586287
5 subsidiaries
hero brands ltd directors
Hero Brands Ltd currently has 3 directors. The longest serving directors include Mr Athif Sarwar (Jan 2018) and Mr Asim Sarwar (May 2022).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Athif Sarwar | Scotland | 46 years | Jan 2018 | - | Director |
| Mr Asim Sarwar | Scotland | 42 years | May 2022 | - | Director |
| Mr Kevin Giudici | 47 years | Nov 2023 | - | Director |
P&L
December 2022turnover
37.9m
+9%
operating profit
-1.8m
-169%
gross margin
45.9%
+0.34%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2022net assets
2m
-0.56%
total assets
16.2m
+0.26%
cash
1.6m
+2%
net assets
Total assets minus all liabilities
Similar Companies
hero brands ltd company details
company number
SC586287
Type
Private limited with Share Capital
industry
64209 - Activities of other holding companies (not including agricultural, production, construction, distribution and financial services holding companies) n.e.c.
incorporation date
January 2018
age
6
incorporated
UK
ultimate parent company
accounts
Group
last accounts submitted
December 2022
previous names
N/A
accountant
-
auditor
WYLIE & BISSET (AUDIT) LTD
address
5 westpoint house,, 5 redwood place, peel park, east kilbride, glasgow, G74 5PB
Bank
-
Legal Advisor
-
hero brands 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 found 1 charges/mortgages relating to hero brands ltd. Currently there are 1 open charges and 0 have been satisfied in the past.
hero brands 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 HERO BRANDS LTD. This can take several minutes, an email will notify you when this has completed.
hero brands ltd Companies House Filings - See Documents
| date | description | view/download |
|---|
