herbert retail limited
herbert retail limited Company Information
Company Number
00103897
Website
www.kca-inter.comRegistered Address
18 rookwood way, haverhill, suffolk, CB9 8PD
Industry
Manufacture of electronic instruments and appliances for measuring, testing, and navigation, except industrial process control equipment
Telephone
01440711400
Next Accounts Due
December 2024
Group Structure
View All
Shareholders
herbert group ltd 100%
herbert retail limited Estimated Valuation
Pomanda estimates the enterprise value of HERBERT RETAIL LIMITED at £9m based on a Turnover of £12.6m and 0.71x industry multiple (adjusted for size and gross margin).
herbert retail limited Estimated Valuation
Pomanda estimates the enterprise value of HERBERT RETAIL LIMITED at £0 based on an EBITDA of £-939.4k and a 4.58x industry multiple (adjusted for size and gross margin).
herbert retail limited Estimated Valuation
Pomanda estimates the enterprise value of HERBERT RETAIL LIMITED at £0 based on Net Assets of £-4.6m and 2.53x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Herbert Retail Limited Overview
Herbert Retail Limited is a live company located in suffolk, CB9 8PD with a Companies House number of 00103897. It operates in the manufacture of electronic measuring, testing etc. equipment, not for industrial process control sector, SIC Code 26511. Founded in July 1909, it's largest shareholder is herbert group ltd with a 100% stake. Herbert Retail Limited is a mature, mid sized company, Pomanda has estimated its turnover at £12.6m with low growth in recent years.
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Herbert Retail Limited Health Check
Pomanda's financial health check has awarded Herbert Retail Limited a 2 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 7 areas for improvement. Company Health Check FAQs
4 Strong
1 Regular
7 Weak
Size
annual sales of £12.6m, make it in line with the average company (£11.1m)
£12.6m - Herbert Retail Limited
£11.1m - Industry AVG
Growth
3 year (CAGR) sales growth of 2%, show it is growing at a slower rate (4.8%)
2% - Herbert Retail Limited
4.8% - Industry AVG
Production
with a gross margin of 6.5%, this company has a higher cost of product (41.7%)
6.5% - Herbert Retail Limited
41.7% - Industry AVG
Profitability
an operating margin of -7.8% make it less profitable than the average company (9.2%)
-7.8% - Herbert Retail Limited
9.2% - Industry AVG
Employees
with 110 employees, this is above the industry average (69)
110 - Herbert Retail Limited
69 - Industry AVG
Pay Structure
on an average salary of £34.9k, the company has a lower pay structure (£52.7k)
£34.9k - Herbert Retail Limited
£52.7k - Industry AVG
Efficiency
resulting in sales per employee of £114.7k, this is less efficient (£183k)
£114.7k - Herbert Retail Limited
£183k - Industry AVG
Debtor Days
it gets paid by customers after 71 days, this is later than average (50 days)
71 days - Herbert Retail Limited
50 days - Industry AVG
Creditor Days
its suppliers are paid after 62 days, this is slower than average (43 days)
62 days - Herbert Retail Limited
43 days - Industry AVG
Stock Days
it holds stock equivalent to 41 days, this is less than average (114 days)
41 days - Herbert Retail Limited
114 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (24 weeks)
0 weeks - Herbert Retail Limited
24 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 168.5%, this is a higher level of debt than the average (38.7%)
168.5% - Herbert Retail Limited
38.7% - Industry AVG
HERBERT RETAIL LIMITED financials
Herbert Retail Limited's latest turnover from March 2023 is £12.6 million and the company has net assets of -£4.6 million. According to their latest financial statements, Herbert Retail Limited has 110 employees and maintains cash reserves of £1.4 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 12,614,590 | 8,542,845 | 7,498,000 | 12,018,000 | 11,663,000 | 12,689,000 | 12,782,000 | 11,924,000 | 11,476,000 | 11,532,000 | 13,014,000 | 14,101,000 | 14,645,000 | 12,973,000 |
| Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cost Of Sales | 11,801,270 | 8,577,621 | 7,414,000 | 9,999,000 | 9,254,000 | 9,988,000 | 10,522,000 | 9,593,000 | 8,847,000 | 9,249,000 | 10,455,000 | 11,405,000 | 11,643,000 | 9,368,000 |
| Gross Profit | 813,320 | -34,776 | 84,000 | 2,019,000 | 2,409,000 | 2,701,000 | 2,260,000 | 2,331,000 | 2,629,000 | 2,283,000 | 2,559,000 | 2,696,000 | 3,002,000 | 3,605,000 |
| Admin Expenses | 1,794,708 | 1,454,493 | 1,336,000 | 1,660,000 | 1,880,000 | 2,533,000 | 1,716,000 | 1,940,000 | 2,039,000 | 2,108,000 | 2,121,000 | 2,276,000 | ||
| Operating Profit | -981,388 | -1,489,269 | -1,252,000 | 359,000 | 529,000 | 168,000 | 544,000 | 391,000 | 590,000 | 175,000 | 438,000 | 420,000 | ||
| Interest Payable | 255,170 | 247,559 | 171,000 | 182,000 | 162,000 | 162,000 | 166,000 | 13,000 | 12,000 | 534,000 | 0 | 0 | 0 | 0 |
| Interest Receivable | 0 | 0 | 0 | 0 | 0 | 2,000 | 0 | 0 | 9,000 | 442,000 | 0 | 0 | 0 | 0 |
| Pre-Tax Profit | -1,236,558 | -1,736,828 | -1,423,000 | 177,000 | 367,000 | 8,000 | 378,000 | 378,000 | 587,000 | 83,000 | 314,000 | 354,000 | 402,000 | 1,109,000 |
| Tax | -121,410 | -4,750 | -15,000 | -3,000 | 6,000 | -37,000 | -76,000 | -132,000 | -155,000 | -41,000 | -81,000 | -98,000 | -40,000 | -149,000 |
| Profit After Tax | -1,357,968 | -1,741,578 | -1,438,000 | 174,000 | 373,000 | -29,000 | 302,000 | 246,000 | 432,000 | 42,000 | 233,000 | 256,000 | 362,000 | 960,000 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 500,000 | 0 | 498,000 | 0 | 0 | 249,000 | 249,000 |
| Retained Profit | -1,357,968 | -1,741,578 | -1,438,000 | 174,000 | 373,000 | -29,000 | 302,000 | -254,000 | 432,000 | -456,000 | 233,000 | 256,000 | 113,000 | 711,000 |
| Employee Costs | 3,839,873 | 3,610,279 | 3,711,000 | 3,468,000 | 4,031,000 | 5,174,000 | 2,504,000 | 2,994,000 | 3,017,000 | 5,036,000 | 5,179,000 | 5,390,000 | 5,263,000 | 5,306,000 |
| Number Of Employees | 110 | 108 | 116 | 121 | 115 | 136 | 50 | 129 | 72 | 152 | 160 | 167 | 170 | 182 |
| EBITDA* | -939,388 | -1,429,822 | -1,166,000 | 470,000 | 650,000 | 254,000 | 612,000 | 475,000 | 697,000 | 264,000 | 523,000 | 519,000 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 46,993 | 62,324 | 104,000 | 151,000 | 213,000 | 219,000 | 117,000 | 123,000 | 151,000 | 206,000 | 163,000 | 128,000 | 162,000 | 257,000 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 100 | 100 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 1,106,560 | 1,408,850 | 1,402,000 | 1,376,000 | 1,382,000 | 1,151,000 | 1,182,000 | 966,000 | 1,202,000 | 59,000 | 0 | 0 | 0 | 169,000 |
| Total Fixed Assets | 1,153,653 | 1,471,274 | 1,506,000 | 1,527,000 | 1,595,000 | 1,370,000 | 1,299,000 | 1,089,000 | 1,353,000 | 265,000 | 163,000 | 128,000 | 162,000 | 426,000 |
| Stock & work in progress | 1,332,721 | 976,040 | 1,368,000 | 2,948,000 | 3,564,000 | 2,640,000 | 4,988,000 | 1,786,000 | 1,746,000 | 2,076,000 | 2,490,000 | 1,752,000 | 2,122,000 | 1,381,000 |
| Trade Debtors | 2,469,910 | 2,228,872 | 1,297,000 | 3,246,000 | 2,322,000 | 5,324,000 | 2,740,000 | 2,961,000 | 1,306,000 | 2,649,000 | 2,048,000 | 2,759,000 | 1,904,000 | 1,516,000 |
| Group Debtors | 1,283,123 | 2,307,095 | 448,000 | 415,000 | 0 | 505,000 | 65,000 | 0 | 154,000 | 0 | 1,000 | 0 | 7,000 | 3,000 |
| Misc Debtors | 439,724 | 415,212 | 206,000 | 662,000 | 1,498,000 | 1,171,000 | 440,000 | 1,029,000 | 386,000 | 136,000 | 250,000 | 228,000 | 503,000 | 291,000 |
| Cash | 1,439 | 32,233 | 2,282,000 | 1,912,000 | 2,430,000 | 2,380,000 | 2,707,000 | 2,594,000 | 2,648,000 | 1,950,000 | 3,309,000 | 3,184,000 | 2,100,000 | 2,824,000 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 5,526,917 | 5,959,452 | 5,601,000 | 9,183,000 | 9,814,000 | 12,020,000 | 10,940,000 | 8,370,000 | 6,240,000 | 6,811,000 | 8,098,000 | 7,923,000 | 6,636,000 | 6,015,000 |
| total assets | 6,680,570 | 7,430,726 | 7,107,000 | 10,710,000 | 11,409,000 | 13,390,000 | 12,239,000 | 9,459,000 | 7,593,000 | 7,076,000 | 8,261,000 | 8,051,000 | 6,798,000 | 6,441,000 |
| Bank overdraft | 826,518 | 333,701 | 2,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 359,000 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 2,024,880 | 1,047,486 | 500,000 | 1,017,000 | 2,060,000 | 1,177,000 | 995,000 | 1,070,000 | 412,000 | 1,487,000 | 1,848,000 | 1,802,000 | 1,395,000 | 785,000 |
| Group/Directors Accounts | 650,000 | 554,559 | 208,000 | 555,000 | 261,000 | 394,000 | 131,000 | 575,000 | 168,000 | 446,000 | 134,000 | 97,000 | 23,000 | 440,000 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 2,000,701 | 2,064,661 | 1,211,000 | 2,407,000 | 2,489,000 | 5,687,000 | 4,838,000 | 1,895,000 | 848,000 | 597,000 | 1,254,000 | 1,342,000 | 442,000 | 749,000 |
| total current liabilities | 5,502,099 | 4,000,407 | 1,921,000 | 3,979,000 | 4,810,000 | 7,258,000 | 5,964,000 | 3,540,000 | 1,428,000 | 2,530,000 | 3,236,000 | 3,241,000 | 2,219,000 | 1,974,000 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 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 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 70,000 | 60,000 | 153,000 | 204,000 | 390,000 | 198,000 | 228,000 | 233,000 | 270,000 | 267,000 | 268,000 |
| total long term liabilities | 5,751,313 | 7,416,313 | 7,379,000 | 7,313,000 | 7,336,000 | 6,214,000 | 6,427,000 | 5,218,000 | 5,924,000 | 2,861,000 | 2,580,000 | 2,840,000 | 267,000 | 268,000 |
| total liabilities | 11,253,412 | 11,416,720 | 9,300,000 | 11,292,000 | 12,146,000 | 13,472,000 | 12,391,000 | 8,758,000 | 7,352,000 | 5,391,000 | 5,816,000 | 6,081,000 | 2,486,000 | 2,242,000 |
| net assets | -4,572,842 | -3,985,994 | -2,193,000 | -582,000 | -737,000 | -82,000 | -152,000 | 701,000 | 241,000 | 1,685,000 | 2,445,000 | 1,970,000 | 4,312,000 | 4,199,000 |
| total shareholders funds | -4,572,842 | -3,985,994 | -2,193,000 | -582,000 | -737,000 | -82,000 | -152,000 | 701,000 | 241,000 | 1,685,000 | 2,445,000 | 1,970,000 | 4,312,000 | 4,199,000 |
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||||
| Operating Profit | -981,388 | -1,489,269 | -1,252,000 | 359,000 | 529,000 | 168,000 | 544,000 | 391,000 | 590,000 | 175,000 | 438,000 | 420,000 | ||
| Depreciation | 42,000 | 59,447 | 86,000 | 111,000 | 121,000 | 86,000 | 68,000 | 84,000 | 107,000 | 89,000 | 85,000 | 99,000 | 169,000 | 167,000 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | -121,410 | -4,750 | -15,000 | -3,000 | 6,000 | -37,000 | -76,000 | -132,000 | -155,000 | -41,000 | -81,000 | -98,000 | -40,000 | -149,000 |
| Stock | 356,681 | -391,960 | -1,580,000 | -616,000 | 924,000 | -2,348,000 | 3,202,000 | 40,000 | -330,000 | -414,000 | 738,000 | -370,000 | 741,000 | 1,381,000 |
| Debtors | -1,060,712 | 3,007,029 | -2,346,000 | 497,000 | -2,949,000 | 3,724,000 | -529,000 | 1,908,000 | 204,000 | 545,000 | -688,000 | 573,000 | 435,000 | 1,979,000 |
| Creditors | 977,394 | 547,486 | -517,000 | -1,043,000 | 883,000 | 182,000 | -75,000 | 658,000 | -1,075,000 | -361,000 | 46,000 | 407,000 | 610,000 | 785,000 |
| Accruals and Deferred Income | -63,960 | 853,661 | -1,196,000 | -82,000 | -3,198,000 | 849,000 | 2,943,000 | 1,047,000 | 251,000 | -657,000 | -88,000 | 900,000 | -307,000 | 749,000 |
| Deferred Taxes & Provisions | 0 | 0 | -70,000 | 10,000 | -93,000 | -51,000 | -186,000 | 192,000 | -30,000 | -5,000 | -37,000 | 3,000 | -1,000 | 268,000 |
| Cash flow from operations | 556,667 | -2,648,494 | 962,000 | -529,000 | 273,000 | -179,000 | 545,000 | 292,000 | -186,000 | -931,000 | 313,000 | 1,528,000 | ||
| Investing Activities | ||||||||||||||
| capital expenditure | ||||||||||||||
| Change in Investments | 0 | 100 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | ||||||||||||||
| Financing Activities | ||||||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 95,441 | 346,559 | -347,000 | 294,000 | -133,000 | 263,000 | -444,000 | 407,000 | -278,000 | 312,000 | 37,000 | 74,000 | -417,000 | 440,000 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||||||||||
| interest | -255,170 | -247,559 | -171,000 | -182,000 | -162,000 | -160,000 | -166,000 | -13,000 | -3,000 | -92,000 | 0 | 0 | 0 | 0 |
| cash flow from financing | 611,391 | 47,584 | -691,000 | 93,000 | -1,323,000 | 202,000 | -1,765,000 | 1,108,000 | -2,157,000 | -84,000 | 279,000 | -2,524,000 | -417,000 | 3,928,000 |
| cash and cash equivalents | ||||||||||||||
| cash | -30,794 | -2,249,767 | 370,000 | -518,000 | 50,000 | -327,000 | 113,000 | -54,000 | 698,000 | -1,359,000 | 125,000 | 1,084,000 | -724,000 | 2,824,000 |
| overdraft | 492,817 | 331,701 | 2,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -359,000 | 359,000 | 0 |
| change in cash | -523,611 | -2,581,468 | 368,000 | -518,000 | 50,000 | -327,000 | 113,000 | -54,000 | 698,000 | -1,359,000 | 125,000 | 1,443,000 | -1,083,000 | 2,824,000 |
herbert retail limited Credit Report and Business Information
Herbert Retail Limited Competitor Analysis
Perform a competitor analysis for herbert retail limited by selecting its closest rivals, whether from the MANUFACTURING sector, other mid companies, companies in CB9 area or any other competitors across 12 key performance metrics.
herbert retail limited Ownership
HERBERT RETAIL LIMITED group structure
Herbert Retail Limited has 1 subsidiary company.
Ultimate parent company
1 parent
HERBERT RETAIL LIMITED
00103897
1 subsidiary
herbert retail limited directors
Herbert Retail Limited currently has 3 directors. The longest serving directors include Ms Claire Herbert (Apr 2016) and Mr Michael Gould (Apr 2019).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Ms Claire Herbert | United Kingdom | 43 years | Apr 2016 | - | Director |
| Mr Michael Gould | 56 years | Apr 2019 | - | Director | |
| Mr Richard Herbert | 75 years | Oct 2021 | - | Director |
P&L
March 2023turnover
12.6m
+48%
operating profit
-981.4k
-34%
gross margin
6.5%
-1683.84%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2023net assets
-4.6m
+0.15%
total assets
6.7m
-0.1%
cash
1.4k
-0.96%
net assets
Total assets minus all liabilities
Similar Companies
herbert retail limited company details
company number
00103897
Type
Private limited with Share Capital
industry
26511 - Manufacture of electronic instruments and appliances for measuring, testing, and navigation, except industrial process control equipment
incorporation date
July 1909
age
115
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
March 2023
previous names
herbert & sons,limited (July 2002)
accountant
-
auditor
PRICE BAILEY LLP
address
18 rookwood way, haverhill, suffolk, CB9 8PD
Bank
HSBC BANK PLC
Legal Advisor
-
herbert retail 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 21 charges/mortgages relating to herbert retail limited. Currently there are 5 open charges and 16 have been satisfied in the past.
herbert retail limited Companies House Filings - See Documents
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