herbert parkinson limited
herbert parkinson limited Company Information
Company Number
00318082
Website
www.herbertparkinson.co.ukRegistered Address
171 victoria street, london, SW1E 5NN
Industry
Weaving of textiles
Telephone
01254771614
Next Accounts Due
October 2024
Group Structure
View All
Shareholders
john lewis plc 100%
herbert parkinson limited Estimated Valuation
Pomanda estimates the enterprise value of HERBERT PARKINSON LIMITED at £5.9m based on a Turnover of £23.1m and 0.25x industry multiple (adjusted for size and gross margin).
herbert parkinson limited Estimated Valuation
Pomanda estimates the enterprise value of HERBERT PARKINSON LIMITED at £600.7k based on an EBITDA of £169.8k and a 3.54x industry multiple (adjusted for size and gross margin).
herbert parkinson limited Estimated Valuation
Pomanda estimates the enterprise value of HERBERT PARKINSON LIMITED at £0 based on Net Assets of £-42.9k and 1.66x industry multiple (adjusted for liquidity).
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Herbert Parkinson Limited Overview
Herbert Parkinson Limited is a live company located in london, SW1E 5NN with a Companies House number of 00318082. It operates in the weaving of textiles sector, SIC Code 13200. Founded in September 1936, it's largest shareholder is john lewis plc with a 100% stake. Herbert Parkinson Limited is a mature, large sized company, Pomanda has estimated its turnover at £23.1m with declining growth in recent years.
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Herbert Parkinson Limited Health Check
Pomanda's financial health check has awarded Herbert Parkinson Limited a 2 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 6 areas for improvement. Company Health Check FAQs
4 Strong
1 Regular
6 Weak
Size
annual sales of £23.1m, make it larger than the average company (£17m)
£23.1m - Herbert Parkinson Limited
£17m - Industry AVG
Growth
3 year (CAGR) sales growth of 0%, show it is growing at a slower rate (1.9%)
- Herbert Parkinson Limited
1.9% - Industry AVG
Production
with a gross margin of 10%, this company has a higher cost of product (25.7%)
10% - Herbert Parkinson Limited
25.7% - Industry AVG
Profitability
an operating margin of -1.3% make it less profitable than the average company (6.1%)
-1.3% - Herbert Parkinson Limited
6.1% - Industry AVG
Employees
with 240 employees, this is above the industry average (100)
240 - Herbert Parkinson Limited
100 - Industry AVG
Pay Structure
on an average salary of £27.2k, the company has an equivalent pay structure (£33.2k)
£27.2k - Herbert Parkinson Limited
£33.2k - Industry AVG
Efficiency
resulting in sales per employee of £96.4k, this is less efficient (£136.2k)
£96.4k - Herbert Parkinson Limited
£136.2k - Industry AVG
Debtor Days
it gets paid by customers after 9 days, this is earlier than average (49 days)
9 days - Herbert Parkinson Limited
49 days - Industry AVG
Creditor Days
its suppliers are paid after 12 days, this is quicker than average (49 days)
12 days - Herbert Parkinson Limited
49 days - Industry AVG
Stock Days
it holds stock equivalent to 82 days, this is less than average (144 days)
82 days - Herbert Parkinson Limited
144 days - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Herbert Parkinson Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 100.5%, this is a higher level of debt than the average (51.1%)
100.5% - Herbert Parkinson Limited
51.1% - Industry AVG
herbert parkinson limited Credit Report and Business Information
Herbert Parkinson Limited Competitor Analysis
Perform a competitor analysis for herbert parkinson limited by selecting its closest rivals and benchmarking them against 12 key performance metrics.
herbert parkinson limited Ownership
HERBERT PARKINSON LIMITED group structure
Herbert Parkinson Limited has no subsidiary companies.
Ultimate parent company
2 parents
HERBERT PARKINSON LIMITED
00318082
herbert parkinson limited directors
Herbert Parkinson Limited currently has 3 directors. The longest serving directors include Mr Jonathon Williams (Jan 2023) and Mr James Foote (Jan 2023).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Jonathon Williams | 56 years | Jan 2023 | - | Director | |
| Mr James Foote | United Kingdom | 42 years | Jan 2023 | - | Director |
| Ms Tracey Alcock | 42 years | Oct 2023 | - | Director |
HERBERT PARKINSON LIMITED financials
Herbert Parkinson Limited's latest turnover from January 2023 is £23.1 million and the company has net assets of -£42.9 thousand. According to their latest financial statements, Herbert Parkinson Limited has 240 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jan 2023 | Jan 2022 | Jan 2021 | Jan 2020 | Jan 2019 | Jan 2018 | Jan 2017 | Jan 2016 | Jan 2015 | Jan 2014 | Jan 2013 | Jan 2012 | Jan 2011 | Jan 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 23,141,700 | 22,871,800 | 19,605,600 | 23,191,500 | 21,945,600 | 24,439,000 | 25,676,200 | 25,113,200 | 25,556,600 | 22,916,300 | 20,414,300 | 20,095,300 | 20,585,000 | 17,805,217 |
| Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cost Of Sales | 20,832,300 | 21,060,200 | 18,868,100 | 21,178,800 | 20,151,500 | 21,500,000 | 22,284,600 | 21,942,400 | 22,407,400 | 20,201,500 | 18,118,900 | 17,952,300 | 17,529,000 | 15,116,503 |
| Gross Profit | 2,309,400 | 1,811,600 | 737,500 | 2,012,700 | 1,794,100 | 2,939,000 | 3,391,600 | 3,170,800 | 3,149,200 | 2,714,800 | 2,295,400 | 2,143,000 | 3,056,000 | 2,688,714 |
| Admin Expenses | 2,608,600 | 2,039,900 | 1,616,100 | 2,271,400 | 2,429,800 | 2,372,300 | 2,566,200 | 2,386,500 | 2,254,700 | 1,931,800 | 1,823,000 | 1,773,700 | 1,774,000 | 1,628,704 |
| Operating Profit | -299,200 | -228,300 | -878,600 | -258,700 | -635,700 | 566,700 | 825,400 | 784,300 | 894,500 | 783,000 | 472,400 | 369,300 | 1,282,000 | 1,060,010 |
| Interest Payable | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Interest Receivable | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Pre-Tax Profit | -299,200 | -407,300 | -878,600 | -373,200 | -799,000 | 297,000 | 475,300 | 240,100 | 337,200 | 94,800 | -289,100 | -253,800 | 478,000 | 460,010 |
| Tax | 45,700 | -24,600 | 126,600 | 66,300 | 200,300 | -81,400 | -91,900 | 225,700 | 900 | 208,400 | 90,500 | 107,800 | -121,000 | -128,122 |
| Profit After Tax | -253,500 | -431,900 | -752,000 | -306,900 | -598,700 | 215,600 | 383,400 | 465,800 | 338,100 | 303,200 | -198,600 | -146,000 | 357,000 | 331,888 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Retained Profit | -253,500 | -431,900 | -752,000 | -306,900 | -598,700 | 215,600 | 383,400 | 465,800 | 338,100 | 303,200 | -198,600 | -146,000 | 357,000 | 331,888 |
| Employee Costs | 6,530,700 | 6,751,900 | 6,535,500 | 6,720,800 | 6,328,800 | 6,472,200 | 7,078,000 | 6,799,600 | 6,379,900 | 5,931,100 | 5,642,900 | 5,482,900 | 5,731,000 | 4,994,489 |
| Number Of Employees | 240 | 254 | 58 | 58 | 62 | 76 | 91 | 276 | 268 | 250 | 240 | 246 | 261 | 233 |
| EBITDA* | 169,800 | 243,400 | -361,200 | 247,100 | -173,900 | 866,900 | 1,144,200 | 1,123,800 | 1,265,800 | 1,166,300 | 472,400 | 800,800 | 1,760,000 | 1,532,767 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jan 2023 | Jan 2022 | Jan 2021 | Jan 2020 | Jan 2019 | Jan 2018 | Jan 2017 | Jan 2016 | Jan 2015 | Jan 2014 | Jan 2013 | Jan 2012 | Jan 2011 | Jan 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 3,100,100 | 3,370,200 | 3,462,300 | 3,827,000 | 4,394,000 | 3,974,400 | 2,303,200 | 2,231,100 | 2,245,000 | 2,070,500 | 2,089,000 | 2,104,000 | 2,444,000 | 2,579,927 |
| Intangible Assets | 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 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 3,100,100 | 3,370,200 | 3,462,300 | 3,827,000 | 4,394,000 | 3,974,400 | 2,303,200 | 2,231,100 | 2,245,000 | 2,070,500 | 2,089,000 | 2,104,000 | 2,444,000 | 2,579,927 |
| Stock & work in progress | 4,684,900 | 3,382,300 | 2,783,500 | 2,473,600 | 2,905,400 | 3,030,400 | 4,349,400 | 4,339,300 | 3,817,700 | 3,446,200 | 2,614,400 | 2,892,300 | 1,743,000 | 1,773,492 |
| Trade Debtors | 620,100 | 538,600 | 880,300 | 310,700 | 386,500 | 402,400 | 620,400 | 611,500 | 557,800 | 443,400 | 67,900 | 105,200 | 114,000 | 55,124 |
| Group Debtors | 0 | 0 | 0 | 440,200 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 67,400 | 56,700 | 579,000 | 292,000 | 291,900 | 646,600 | 985,700 | 556,400 | 659,100 | 645,600 | 639,300 | 634,700 | 585,000 | 324,375 |
| Cash | 0 | 0 | 0 | 0 | 4,400 | 4,500 | 3,200 | 35,600 | 1,200 | 400 | 1,600 | 600 | 0 | 0 |
| misc current assets | 0 | 0 | 0 | 0 | 161,500 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 5,570,400 | 4,591,100 | 4,242,800 | 3,516,500 | 3,749,700 | 4,083,900 | 5,958,700 | 5,542,800 | 5,035,800 | 4,535,600 | 3,323,200 | 3,632,800 | 2,442,000 | 2,152,991 |
| total assets | 8,670,500 | 7,961,300 | 7,705,100 | 7,343,500 | 8,143,700 | 8,058,300 | 8,261,900 | 7,773,900 | 7,280,800 | 6,606,100 | 5,412,200 | 5,736,800 | 4,886,000 | 4,732,918 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 51,500 | 227,800 | 675,800 | 92,600 | 268,600 | 15,000 | 178,782 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 733,900 | 599,600 | 923,100 | 829,800 | 915,400 | 1,055,300 | 963,100 | 1,225,000 | 1,233,400 | 587,700 | 829,700 | 770,600 | 619,000 | 692,723 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 4,877,100 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 227,800 | 182,300 | 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 | 7,453,900 | 6,657,500 | 6,231,600 | 5,619,600 | 6,239,600 | 5,268,500 | 5,945,300 | 766,100 | 5,344,600 | 5,167,500 | 4,512,100 | 4,525,900 | 3,855,000 | 3,973,092 |
| total current liabilities | 8,187,800 | 7,257,100 | 7,154,700 | 6,449,400 | 7,155,000 | 6,551,600 | 7,090,700 | 6,919,700 | 6,805,800 | 6,431,000 | 5,434,400 | 5,565,100 | 4,489,000 | 4,844,597 |
| 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 | 1,051,200 | 987,200 | 815,800 | 1,199,200 | 774,600 | 613,200 | 373,400 | 253,100 | 679,400 | 755,800 | 967,600 | 958,200 | 1,116,000 | 813,238 |
| total long term liabilities | 525,600 | 493,600 | 407,900 | 599,600 | 387,300 | 306,600 | 186,700 | 253,100 | 339,700 | 377,900 | 483,800 | 479,100 | 558,000 | 406,619 |
| total liabilities | 8,713,400 | 7,750,700 | 7,562,600 | 7,049,000 | 7,542,300 | 6,858,200 | 7,277,400 | 7,172,800 | 7,145,500 | 6,808,900 | 5,918,200 | 6,044,200 | 5,047,000 | 5,251,216 |
| net assets | -42,900 | 210,600 | 142,500 | 294,500 | 601,400 | 1,200,100 | 984,500 | 601,100 | 135,300 | -202,800 | -506,000 | -307,400 | -161,000 | -518,298 |
| total shareholders funds | -42,900 | 210,600 | 142,500 | 294,500 | 601,400 | 1,200,100 | 984,500 | 601,100 | 135,300 | -202,800 | -506,000 | -307,400 | -161,000 | -518,298 |
| Jan 2023 | Jan 2022 | Jan 2021 | Jan 2020 | Jan 2019 | Jan 2018 | Jan 2017 | Jan 2016 | Jan 2015 | Jan 2014 | Jan 2013 | Jan 2012 | Jan 2011 | Jan 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||||
| Operating Profit | -299,200 | -228,300 | -878,600 | -258,700 | -635,700 | 566,700 | 825,400 | 784,300 | 894,500 | 783,000 | 472,400 | 369,300 | 1,282,000 | 1,060,010 |
| Depreciation | 469,000 | 471,700 | 517,400 | 505,800 | 461,800 | 300,200 | 318,800 | 339,500 | 371,300 | 383,300 | 0 | 431,500 | 478,000 | 472,757 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Tax | 45,700 | -24,600 | 126,600 | 66,300 | 200,300 | -81,400 | -91,900 | 225,700 | 900 | 208,400 | 90,500 | 107,800 | -121,000 | -128,122 |
| Stock | 1,302,600 | 598,800 | 309,900 | -431,800 | -125,000 | -1,319,000 | 10,100 | 521,600 | 371,500 | 831,800 | -277,900 | 1,149,300 | -30,492 | 1,773,492 |
| Debtors | 92,200 | -864,000 | 416,400 | 364,500 | -370,600 | -557,100 | 438,200 | -49,000 | 127,900 | 381,800 | -32,700 | 40,900 | 319,501 | 379,499 |
| Creditors | 134,300 | -323,500 | 93,300 | -85,600 | -139,900 | 92,200 | -261,900 | -8,400 | 645,700 | -242,000 | 59,100 | 151,600 | -73,723 | 692,723 |
| Accruals and Deferred Income | 796,400 | 425,900 | 612,000 | -620,000 | 971,100 | -676,800 | 5,179,200 | -4,578,500 | 177,100 | 655,400 | -13,800 | 670,900 | -118,092 | 3,973,092 |
| Deferred Taxes & Provisions | 64,000 | 171,400 | -383,400 | 424,600 | 161,400 | 239,800 | 120,300 | -426,300 | -76,400 | -211,800 | 9,400 | -157,800 | 302,762 | 813,238 |
| Cash flow from operations | -184,600 | 757,800 | -639,000 | 99,700 | 1,514,600 | 2,316,800 | 5,641,600 | -4,136,300 | 1,513,700 | 928,200 | 383,100 | 1,460,938 | 4,730,707 | |
| Investing Activities | ||||||||||||||
| capital expenditure | ||||||||||||||
| Change in Investments | 0 | 0 | 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 | 0 | 0 | 0 | 0 | 0 | 0 | -4,877,100 | 4,877,100 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | -227,800 | 45,500 | 182,300 | 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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| cash flow from financing | 0 | 500,000 | 600,000 | 0 | -227,800 | 45,500 | -4,694,800 | 4,877,100 | 0 | 0 | 0 | 298 | -850,186 | |
| cash and cash equivalents | ||||||||||||||
| cash | 0 | 0 | 0 | -4,400 | -100 | 1,300 | -32,400 | 34,400 | 800 | -1,200 | 1,000 | 600 | 0 | 0 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | -51,500 | -176,300 | -448,000 | 583,200 | -176,000 | 253,600 | -163,782 | 178,782 |
| change in cash | 0 | 0 | 0 | -4,400 | -100 | 1,300 | 19,100 | 210,700 | 448,800 | -584,400 | 177,000 | -253,000 | 163,782 | -178,782 |
P&L
January 2023turnover
23.1m
+1%
operating profit
-299.2k
+31%
gross margin
10%
+25.99%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
January 2023net assets
-42.9k
-1.2%
total assets
8.7m
+0.09%
cash
0
0%
net assets
Total assets minus all liabilities
herbert parkinson limited company details
company number
00318082
Type
Private limited with Share Capital
industry
13200 - Weaving of textiles
incorporation date
September 1936
age
88
accounts
Audit Exemption Subsidiary
ultimate parent company
previous names
N/A
incorporated
UK
address
171 victoria street, london, SW1E 5NN
last accounts submitted
January 2023
herbert parkinson 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 did not find charges/mortgages relating to herbert parkinson limited.
herbert parkinson limited Companies House Filings - See Documents
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