hill biscuits limited
hill biscuits limited Company Information
Company Number
00088544
Next Accounts
Sep 2025
Industry
Manufacture of rusks and biscuits; manufacture of preserved pastry goods and cakes
Shareholders
ginger acquisition company limited
frank bird
View AllGroup Structure
View All
Contact
Registered Address
tudno mill smith street, ashton-under-lyne, lancashire, OL7 0DB
Website
www.hillbiscuits.comhill biscuits limited Estimated Valuation
Pomanda estimates the enterprise value of HILL BISCUITS LIMITED at £43.3m based on a Turnover of £38m and 1.14x industry multiple (adjusted for size and gross margin).
hill biscuits limited Estimated Valuation
Pomanda estimates the enterprise value of HILL BISCUITS LIMITED at £23.6m based on an EBITDA of £3m and a 7.74x industry multiple (adjusted for size and gross margin).
hill biscuits limited Estimated Valuation
Pomanda estimates the enterprise value of HILL BISCUITS LIMITED at £18.3m based on Net Assets of £8.1m and 2.27x industry multiple (adjusted for liquidity).
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Hill Biscuits Limited Overview
Hill Biscuits Limited is a live company located in lancashire, OL7 0DB with a Companies House number of 00088544. It operates in the manufacture of rusks and biscuits sector, SIC Code 10720. Founded in April 1906, it's largest shareholder is ginger acquisition company limited with a 99.8% stake. Hill Biscuits Limited is a mature, large sized company, Pomanda has estimated its turnover at £38m with high growth in recent years.
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Hill Biscuits Limited Health Check
Pomanda's financial health check has awarded Hill Biscuits Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 1 areas for improvement. Company Health Check FAQs
4 Strong
7 Regular
1 Weak
Size
annual sales of £38m, make it larger than the average company (£26.3m)
£38m - Hill Biscuits Limited
£26.3m - Industry AVG
Growth
3 year (CAGR) sales growth of 17%, show it is growing at a faster rate (10.6%)
17% - Hill Biscuits Limited
10.6% - Industry AVG
Production
with a gross margin of 23.9%, this company has a comparable cost of product (20.7%)
23.9% - Hill Biscuits Limited
20.7% - Industry AVG
Profitability
an operating margin of 6.3% make it more profitable than the average company (0.4%)
6.3% - Hill Biscuits Limited
0.4% - Industry AVG
Employees
with 338 employees, this is above the industry average (224)
338 - Hill Biscuits Limited
224 - Industry AVG
Pay Structure
on an average salary of £31.4k, the company has an equivalent pay structure (£32.3k)
£31.4k - Hill Biscuits Limited
£32.3k - Industry AVG
Efficiency
resulting in sales per employee of £112.5k, this is equally as efficient (£127.5k)
£112.5k - Hill Biscuits Limited
£127.5k - Industry AVG
Debtor Days
it gets paid by customers after 43 days, this is near the average (53 days)
43 days - Hill Biscuits Limited
53 days - Industry AVG
Creditor Days
its suppliers are paid after 45 days, this is close to average (45 days)
45 days - Hill Biscuits Limited
45 days - Industry AVG
Stock Days
it holds stock equivalent to 38 days, this is in line with average (38 days)
38 days - Hill Biscuits Limited
38 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (5 weeks)
0 weeks - Hill Biscuits Limited
5 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 54.8%, this is a similar level of debt than the average (55%)
54.8% - Hill Biscuits Limited
55% - Industry AVG
HILL BISCUITS LIMITED financials
Hill Biscuits Limited's latest turnover from December 2023 is £38 million and the company has net assets of £8.1 million. According to their latest financial statements, Hill Biscuits Limited has 338 employees and maintains cash reserves of £111.6 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 38,010,777 | 26,336,984 | 21,650,792 | 23,513,860 | 19,146,387 | 19,708,887 | 19,142,456 | 19,040,400 | 17,624,317 | 19,248,852 | 16,691,985 | 16,419,494 | 13,244,465 | 13,277,126 | 13,146,773 |
| Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Cost Of Sales | 28,928,243 | 21,451,902 | 16,965,968 | 16,757,373 | 13,690,405 | 14,640,248 | 14,509,576 | 13,711,131 | 12,526,808 | 12,779,677 | 13,086,124 | 11,321,426 | 10,624,263 | 9,489,202 | |
| Gross Profit | 9,082,534 | 4,885,082 | 4,684,824 | 6,756,487 | 5,455,982 | 5,068,639 | 4,632,880 | 5,329,269 | 5,097,509 | 3,912,308 | 3,333,370 | 1,923,039 | 2,652,863 | 3,657,571 | |
| Admin Expenses | 6,671,399 | 5,136,266 | 5,159,857 | 5,838,193 | 5,140,081 | 4,354,276 | 4,611,290 | 4,005,937 | 4,004,641 | 3,208,482 | 3,018,157 | 1,852,510 | 2,192,641 | 3,002,493 | |
| Operating Profit | 2,411,135 | -251,184 | -475,033 | 918,294 | 315,901 | 714,363 | 21,590 | 1,323,332 | 1,092,868 | 1,254,991 | 703,826 | 315,213 | 70,529 | 460,222 | 655,078 |
| Interest Payable | 170,865 | 87,925 | 66,170 | 63,706 | 51,866 | 35,527 | 38,628 | 49,050 | 45,604 | 48,759 | 72,673 | 40,698 | 31,562 | 41,555 | 16,447 |
| Interest Receivable | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 5 | 3 | 4 | 8 |
| Pre-Tax Profit | 2,240,270 | -339,109 | -541,203 | 854,588 | 264,035 | 678,836 | -17,038 | 1,274,282 | 1,047,264 | 1,206,232 | 631,153 | 274,520 | 38,970 | 418,671 | 638,639 |
| Tax | -398,732 | 139,811 | -311,137 | -272,890 | -78,266 | -46,908 | 82,000 | -94,322 | -218,393 | -260,400 | -142,833 | -58,643 | 90,341 | -105,984 | -242,237 |
| Profit After Tax | 1,841,538 | -199,298 | -852,340 | 581,698 | 185,769 | 631,928 | 64,962 | 1,179,960 | 828,871 | 945,832 | 488,320 | 215,877 | 129,311 | 312,687 | 396,402 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 15,193 | 105,773 | 105,773 | 339,773 | 87,773 | 60,773 | 57,873 | 95,273 | 92,594 |
| Retained Profit | 1,841,538 | -199,298 | -852,340 | 581,698 | 185,769 | 631,928 | 49,769 | 1,074,187 | 723,098 | 606,059 | 400,547 | 155,104 | 71,438 | 217,414 | 303,808 |
| Employee Costs | 10,625,267 | 7,647,531 | 7,260,291 | 7,963,930 | 6,643,336 | 7,199,000 | 6,929,578 | 7,122,916 | 6,264,355 | 6,128,632 | 5,217,171 | 5,045,422 | 3,932,070 | 4,241,073 | 4,333,824 |
| Number Of Employees | 338 | 252 | 278 | 322 | 313 | 357 | 361 | 369 | 369 | 320 | 303 | 297 | 270 | 277 | 276 |
| EBITDA* | 3,045,871 | 367,239 | 126,176 | 1,550,863 | 920,844 | 1,148,824 | 359,028 | 1,707,844 | 1,342,409 | 1,441,991 | 869,256 | 456,153 | 201,631 | 658,757 | 826,821 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 8,842,008 | 8,854,624 | 9,322,015 | 9,742,360 | 9,826,059 | 7,589,168 | 6,524,752 | 5,827,314 | 6,029,523 | 4,081,761 | 3,358,549 | 3,346,212 | 2,414,185 | 2,390,423 | 2,284,183 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 2 | 2 | 2 | 2 | 2 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 8,842,008 | 8,854,624 | 9,322,015 | 9,742,360 | 9,826,059 | 7,589,168 | 6,524,752 | 5,827,314 | 6,029,523 | 4,081,761 | 3,358,551 | 3,346,214 | 2,414,187 | 2,390,425 | 2,284,185 |
| Stock & work in progress | 3,057,573 | 1,683,695 | 2,283,106 | 2,168,534 | 1,559,701 | 1,732,649 | 1,358,417 | 1,862,649 | 1,419,505 | 1,281,216 | 1,394,831 | 1,123,787 | 1,308,874 | 1,338,498 | 1,459,119 |
| Trade Debtors | 4,558,428 | 4,392,597 | 2,755,238 | 2,484,392 | 2,855,755 | 3,147,758 | 2,927,778 | 1,958,347 | 2,078,707 | 2,048,754 | 2,411,202 | 2,388,801 | 1,506,585 | 1,589,752 | 1,479,039 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 1,250,231 | 938,212 | 929,251 | 887,157 | 1,097,952 | 599,127 | 391,870 | 272,769 | 295,716 | 564,815 | 250,447 | 320,227 | 223,062 | 118,548 | 90,363 |
| Cash | 111,587 | 209,913 | 35,110 | 83,019 | 62,317 | 861,157 | 983,988 | 510,817 | 402,524 | 378,192 | 2,504 | 2,468 | 1,730 | 2,525 | 786 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 8,977,819 | 7,224,417 | 6,002,705 | 5,623,102 | 5,575,725 | 6,340,691 | 5,662,053 | 4,604,582 | 4,196,452 | 4,272,977 | 4,058,984 | 3,835,283 | 3,040,251 | 3,049,323 | 3,029,307 |
| total assets | 17,819,827 | 16,079,041 | 15,324,720 | 15,365,462 | 15,401,784 | 13,929,859 | 12,186,805 | 10,431,896 | 10,225,975 | 8,354,738 | 7,417,535 | 7,181,497 | 5,454,438 | 5,439,748 | 5,313,492 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 171,329 | 878,506 | 82,037 | 814,407 | 1,274,116 | 1,161,182 | 1,067,284 | 926,548 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 78,777 | 85,714 | 0 | 0 | 0 |
| Trade Creditors | 3,633,198 | 3,464,958 | 2,597,906 | 1,621,528 | 2,422,164 | 2,322,223 | 2,034,712 | 1,447,123 | 1,211,932 | 1,790,229 | 1,512,187 | 1,557,914 | 1,083,926 | 840,579 | 839,265 |
| Group/Directors Accounts | 802,592 | 2,031,215 | 3,356,221 | 3,665,684 | 4,599,050 | 3,543,258 | 3,274,532 | 0 | 0 | 0 | 2 | 33,336 | 2 | 100,002 | 225,002 |
| other short term finances | 2,362,505 | 2,254,525 | 1,147,234 | 1,057,943 | 299,270 | 461,165 | 0 | 750,000 | 562,500 | 16,667 | 66,667 | 36,111 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 1,488,092 | 1,130,173 | 753,407 | 941,825 | 820,631 | 673,906 | 662,044 | 951,010 | 650,635 | 824,567 | 636,833 | 461,914 | 260,797 | 455,118 | 582,413 |
| total current liabilities | 8,286,387 | 8,880,871 | 7,854,768 | 7,286,980 | 8,141,115 | 7,000,552 | 5,971,288 | 3,319,462 | 3,303,573 | 2,713,500 | 3,108,873 | 3,449,105 | 2,505,907 | 2,462,983 | 2,573,228 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 881,029 | 1,803,018 | 1,432,397 | 794,980 | 651,587 | 42,857 | 42,857 | 42,857 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 42,857 | 42,857 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 1,470,038 | 1,071,306 | 1,143,790 | 899,980 | 663,865 | 518,272 | 436,410 | 518,410 | 480,576 | 335,988 | 246,888 | 214,558 | 194,531 | 294,204 | 275,117 |
| total long term liabilities | 1,470,038 | 1,071,306 | 1,143,790 | 899,980 | 663,865 | 518,272 | 436,410 | 1,442,296 | 2,326,451 | 1,768,385 | 1,041,868 | 866,145 | 237,388 | 337,061 | 317,974 |
| total liabilities | 9,756,425 | 9,952,177 | 8,998,558 | 8,186,960 | 8,804,980 | 7,518,824 | 6,407,698 | 4,761,758 | 5,630,024 | 4,481,885 | 4,150,741 | 4,315,250 | 2,743,295 | 2,800,044 | 2,891,202 |
| net assets | 8,063,402 | 6,126,864 | 6,326,162 | 7,178,502 | 6,596,804 | 6,411,035 | 5,779,107 | 5,670,138 | 4,595,951 | 3,872,853 | 3,266,794 | 2,866,247 | 2,711,143 | 2,639,704 | 2,422,290 |
| total shareholders funds | 8,063,402 | 6,126,864 | 6,326,162 | 7,178,502 | 6,596,804 | 6,411,035 | 5,779,107 | 5,670,138 | 4,595,951 | 3,872,853 | 3,266,794 | 2,866,247 | 2,711,143 | 2,639,704 | 2,422,290 |
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | 2,411,135 | -251,184 | -475,033 | 918,294 | 315,901 | 714,363 | 21,590 | 1,323,332 | 1,092,868 | 1,254,991 | 703,826 | 315,213 | 70,529 | 460,222 | 655,078 |
| Depreciation | 634,736 | 618,423 | 601,209 | 632,569 | 604,943 | 434,461 | 337,438 | 384,512 | 249,541 | 187,000 | 165,430 | 140,940 | 131,102 | 198,535 | 171,743 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | -398,732 | 139,811 | -311,137 | -272,890 | -78,266 | -46,908 | 82,000 | -94,322 | -218,393 | -260,400 | -142,833 | -58,643 | 90,341 | -105,984 | -242,237 |
| Stock | 1,373,878 | -599,411 | 114,572 | 608,833 | -172,948 | 374,232 | -504,232 | 443,144 | 138,289 | -113,615 | 271,044 | -185,087 | -29,624 | -120,621 | 1,459,119 |
| Debtors | 477,850 | 1,646,320 | 312,940 | -582,158 | 206,822 | 427,237 | 1,088,532 | -143,307 | -239,146 | -48,080 | -47,379 | 979,381 | 21,347 | 138,898 | 1,569,402 |
| Creditors | 168,240 | 867,052 | 976,378 | -800,636 | 99,941 | 287,511 | 587,589 | 235,191 | -578,297 | 278,042 | -45,727 | 473,988 | 243,347 | 1,314 | 839,265 |
| Accruals and Deferred Income | 357,919 | 376,766 | -188,418 | 121,194 | 146,725 | 11,862 | -288,966 | 300,375 | -173,932 | 187,734 | 174,919 | 201,117 | -194,321 | -127,295 | 582,413 |
| Deferred Taxes & Provisions | 398,732 | -72,484 | 243,810 | 236,115 | 145,593 | 81,862 | -82,000 | 37,834 | 144,588 | 89,100 | 32,330 | 20,027 | -99,673 | 19,087 | 275,117 |
| Cash flow from operations | 1,720,302 | 631,475 | 419,297 | 807,971 | 1,200,963 | 681,682 | 73,351 | 1,887,085 | 617,232 | 1,898,162 | 664,280 | 298,348 | 249,602 | 427,602 | -747,142 |
| Investing Activities | |||||||||||||||
| capital expenditure | -214,331 | -2,208,365 | -921,721 | -182,304 | -1,087,966 | -157,864 | -304,330 | ||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -2 | 0 | 0 | 0 | 0 | 2 |
| cash flow from investments | -214,331 | -2,208,365 | -921,719 | -182,304 | -1,087,966 | -157,864 | -304,330 | ||||||||
| Financing Activities | |||||||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -78,777 | -6,937 | 85,714 | 0 | 0 | 0 |
| Group/Directors Accounts | -1,228,623 | -1,325,006 | -309,463 | -933,366 | 1,055,792 | 268,726 | 3,274,532 | 0 | 0 | -2 | -33,334 | 33,334 | -100,000 | -125,000 | 225,002 |
| Other Short Term Loans | 107,980 | 1,107,291 | 89,291 | 758,673 | -161,895 | 461,165 | -750,000 | 187,500 | 545,833 | -50,000 | 30,556 | 36,111 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | -881,029 | -921,989 | 370,621 | 637,417 | 143,393 | 608,730 | 0 | 0 | 42,857 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | -42,857 | 0 | 42,857 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||||||||||||
| interest | -170,865 | -87,925 | -66,170 | -63,706 | -51,866 | -35,527 | -38,628 | -49,050 | -45,604 | -48,759 | -72,673 | -40,693 | -31,559 | -41,551 | -16,439 |
| cash flow from financing | -1,196,508 | -305,640 | -286,342 | -238,399 | 842,031 | 694,364 | 1,621,218 | -783,539 | 913,707 | 459,879 | 61,005 | 723,196 | -131,558 | -166,551 | 2,369,902 |
| cash and cash equivalents | |||||||||||||||
| cash | -98,326 | 174,803 | -47,909 | 20,702 | -798,840 | -122,831 | 473,171 | 108,293 | 24,332 | 375,688 | 36 | 738 | -795 | 1,739 | 786 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | -171,329 | -707,177 | 796,469 | -732,370 | -459,709 | 112,934 | 93,898 | 140,736 | 926,548 |
| change in cash | -98,326 | 174,803 | -47,909 | 20,702 | -798,840 | -122,831 | 644,500 | 815,470 | -772,137 | 1,108,058 | 459,745 | -112,196 | -94,693 | -138,997 | -925,762 |
hill biscuits limited Credit Report and Business Information
Hill Biscuits Limited Competitor Analysis
Perform a competitor analysis for hill biscuits limited by selecting its closest rivals, whether from the MANUFACTURING sector, other large companies, companies in OL7 area or any other competitors across 12 key performance metrics.
hill biscuits limited Ownership
HILL BISCUITS LIMITED group structure
Hill Biscuits Limited has no subsidiary companies.
Ultimate parent company
GRUPO SIRO CORPORATIVO SL
#0098767
2 parents
HILL BISCUITS LIMITED
00088544
hill biscuits limited directors
Hill Biscuits Limited currently has 4 directors. The longest serving directors include Mr Brendon Ward-Banner (May 2017) and Mrs Tracey Meadows (Oct 2023).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Brendon Ward-Banner | 51 years | May 2017 | - | Director | |
| Mrs Tracey Meadows | United Kingdom | 56 years | Oct 2023 | - | Director |
| Mrs Morven Burden | England | 34 years | Jul 2024 | - | Director |
| Mr Juan Fonts Cavestany | England | 62 years | Sep 2024 | - | Director |
P&L
December 2023turnover
38m
+44%
operating profit
2.4m
-1060%
gross margin
23.9%
+28.82%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
8.1m
+0.32%
total assets
17.8m
+0.11%
cash
111.6k
-0.47%
net assets
Total assets minus all liabilities
hill biscuits limited company details
company number
00088544
Type
Private limited with Share Capital
industry
10720 - Manufacture of rusks and biscuits; manufacture of preserved pastry goods and cakes
incorporation date
April 1906
age
119
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
December 2023
previous names
N/A
accountant
-
auditor
FORVIS MAZARS LLP
address
tudno mill smith street, ashton-under-lyne, lancashire, OL7 0DB
Bank
CO-OPERATIVE BANK PLC
Legal Advisor
-
hill biscuits 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 11 charges/mortgages relating to hill biscuits limited. Currently there are 2 open charges and 9 have been satisfied in the past.
hill biscuits 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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hill biscuits limited Companies House Filings - See Documents
| date | description | view/download |
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