Pomanda estimates the enterprise value of HUGHES ELECTRICAL LIMITED at £113.1m based on a Turnover of £151.6m and 0.75x industry multiple (adjusted for size and gross margin).
hughes electrical limitedEstimated Valuation
£76.8m
Pomanda estimates the enterprise value of HUGHES ELECTRICAL LIMITED at £76.8m based on an EBITDA of £14.2m and a 5.39x industry multiple (adjusted for size and gross margin).
hughes electrical limitedEstimated Valuation
£85m
Pomanda estimates the enterprise value of HUGHES ELECTRICAL LIMITED at £85m based on Net Assets of £41.5m and 2.05x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Hughes Electrical LimitedOverview
Hughes Electrical Limited is a live company located in beccles, NR34 7FD with a Companies House number of 00406069. It operates in the retail sale of electrical household appliances in specialised stores sector, SIC Code 47540. Founded in March 1946, it's largest shareholder is
lavinia lawford
with a 24.2% stake. Hughes Electrical Limited is a mature,
mega sized company, Pomanda has estimated its turnover at
£151.6m with
healthy
growth in recent years.
Pomanda's financial health check has awarded Hughes Electrical Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 5 areas for improvement. Company Health Check FAQs
Health Rating3.5out of 5
4 Strong
3 Regular
5 Weak
Size
annual sales of £151.6m, make it larger than the average company (£12.7m)
£151.6m - Hughes Electrical Limited
£12.7m - Industry AVG
Growth
3 year (CAGR) sales growth of 4%, show it is growing at a slower rate (8.7%)
4% - Hughes Electrical Limited
8.7% - Industry AVG
Production
with a gross margin of 23.9%, this company has a higher cost of product (45.7%)
23.9% - Hughes Electrical Limited
45.7% - Industry AVG
Profitability
an operating margin of 2.6% make it less profitable than the average company (6%)
2.6% - Hughes Electrical Limited
6% - Industry AVG
Employees
with 744 employees, this is above the industry average (57)
744 - Hughes Electrical Limited
57 - Industry AVG
Pay Structure
on an average salary of £32.7k, the company has an equivalent pay structure (£37.1k)
£32.7k - Hughes Electrical Limited
£37.1k - Industry AVG
Efficiency
resulting in sales per employee of £203.8k, this is equally as efficient (£191.8k)
£203.8k - Hughes Electrical Limited
£191.8k - Industry AVG
Debtor Days
it gets paid by customers after 16 days, this is earlier than average (27 days)
16 days - Hughes Electrical Limited
27 days - Industry AVG
Creditor Days
its suppliers are paid after 52 days, this is slower than average (42 days)
52 days - Hughes Electrical Limited
42 days - Industry AVG
Stock Days
it holds stock equivalent to 80 days, this is more than average (57 days)
80 days - Hughes Electrical Limited
57 days - Industry AVG
Cash Balance
has cash to cover current liabilities
for 3 weeks, this is less cash available to meet short term requirements (16 weeks)
3 weeks - Hughes Electrical Limited
16 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 52.7%, this is a similar level of debt than the average (58.4%)
52.7% - Hughes Electrical Limited
58.4% - Industry AVG
HUGHES ELECTRICAL LIMITED financials
EXPORT
Hughes Electrical Limited's latest turnover from March 2024 is £151.6 million and the company has net assets of £41.5 million. According to their latest financial statements, Hughes Electrical Limited has 744 employees and maintains cash reserves of £2.6 million as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Mar 2024
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
151,639,770
144,108,274
139,610,196
134,432,893
122,741,600
128,201,988
129,369,739
113,994,839
113,482,352
111,768,366
106,871,478
102,926,672
100,780,770
82,052,410
80,048,313
Other Income Or Grants
Cost Of Sales
115,379,866
108,133,494
104,898,854
102,595,407
89,421,430
91,196,063
93,210,561
80,157,716
80,618,708
80,081,038
75,569,518
74,345,663
70,997,627
57,489,597
56,266,113
Gross Profit
36,259,904
35,974,780
34,711,342
31,837,486
33,320,170
37,005,925
36,159,178
33,837,123
32,863,644
31,687,328
31,301,960
28,581,009
29,783,143
24,562,813
23,782,200
Admin Expenses
32,253,770
31,111,511
27,823,021
24,715,845
30,424,433
35,435,916
32,421,517
30,211,925
29,830,249
29,100,395
27,617,690
25,127,834
25,537,763
20,343,503
19,871,415
Operating Profit
4,006,134
4,863,269
6,888,321
7,121,641
2,895,737
1,570,009
3,737,661
3,625,198
3,033,395
2,586,933
3,684,270
3,453,175
4,245,380
4,219,310
3,910,785
Interest Payable
1,043,545
557,904
393,358
331,853
672,527
639,021
217,463
223,384
261,866
224,828
1,821,310
1,663,626
1,688,987
125,187
158,952
Interest Receivable
383,000
11,084
52,548
1,362,864
1,242,518
1,296,893
1,502,621
1,426,664
Pre-Tax Profit
2,961,654
4,305,800
6,494,963
6,654,788
2,223,210
930,988
3,246,198
3,018,814
2,340,007
2,375,653
3,050,841
3,032,067
3,853,286
3,742,744
3,234,497
Tax
-677,353
-1,244,853
-937,070
-1,511,710
-192,459
-157,102
-633,391
-723,237
-695,291
-517,748
-1,081,381
-1,004,002
-1,231,739
-1,393,245
-1,071,450
Profit After Tax
2,284,301
3,060,947
5,557,893
5,143,078
2,030,751
773,886
2,612,807
2,295,577
1,644,716
1,857,905
1,969,460
2,028,065
2,621,547
2,349,499
2,163,047
Dividends Paid
676,510
450,000
561,990
772,408
782,647
763,448
747,450
731,451
723,132
723,132
742,331
646,339
531,150
447,958
Retained Profit
1,639,187
2,536,142
4,925,635
5,181,349
1,377,530
-23,575
1,849,359
1,548,127
913,265
1,134,773
1,246,328
1,285,734
1,975,208
1,818,349
1,715,089
Employee Costs
24,338,132
24,025,631
22,356,516
21,660,528
24,299,096
25,233,979
22,528,459
19,970,657
18,714,279
17,625,705
16,312,979
14,569,648
16,029,700
13,167,811
12,939,854
Number Of Employees
744
799
805
838
904
982
953
935
916
907
859
791
724
605
601
EBITDA*
14,241,629
14,668,434
16,183,465
15,939,297
12,012,472
10,377,594
4,479,214
11,052,391
10,444,872
9,422,498
9,965,096
9,279,709
9,850,849
9,980,676
10,000,334
* Earnings Before Interest, Tax, Depreciation and Amortisation
Mar 2024
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
36,577,770
38,043,072
35,602,867
33,647,392
34,186,190
34,508,302
34,561,399
33,951,175
36,305,834
36,360,926
32,644,464
29,869,612
27,916,204
27,664,985
26,980,446
Intangible Assets
9,107,460
6,028,105
4,421,568
4,715,417
5,121,417
5,503,032
4,415,396
140,849
168,849
165,836
26,395
119,999
239,999
Investments & Other
271,477
955
140,020
140,020
140,020
140,020
140,020
140,020
140,020
140,020
140,020
315,003
140,020
140,005
140,005
Debtors (Due After 1 year)
633,500
1,026,500
161,000
1,078,820
1,143,420
1,015,240
1,305,400
2,096,100
2,161,200
2,928,200
36,117
38,264
37,483
45,803
64,422
Total Fixed Assets
46,590,207
45,098,632
40,325,455
39,581,649
40,591,047
41,166,594
40,422,215
36,328,144
38,775,903
39,594,982
32,846,996
30,222,879
28,213,706
28,090,792
27,184,873
Stock & work in progress
25,501,842
23,519,488
21,360,382
19,607,372
15,925,123
15,795,231
18,193,266
16,255,420
15,906,739
13,981,986
15,375,726
15,892,385
14,862,703
12,936,522
11,600,436
Trade Debtors
6,752,540
7,510,887
5,076,701
5,506,129
5,348,591
6,346,346
4,632,790
6,525,613
2,935,874
2,803,918
2,140,057
2,337,185
1,066,257
1,179,268
602,363
Group Debtors
88,399
32,119
247,579
Misc Debtors
7,877,324
6,536,043
9,020,120
7,881,796
6,336,893
5,373,942
4,595,471
4,014,852
4,514,901
3,533,824
4,146,849
4,056,361
4,558,090
3,276,887
Cash
2,592,480
1,268,340
1,605,886
1,462,849
1,776,184
1,224,776
1,970,948
690,194
846,330
1,275,737
1,101,053
1,632,019
4,319,032
1,703,376
678,949
misc current assets
466,475
466,475
2,688,268
1,504,776
1,876,498
total current assets
42,812,585
38,866,877
37,063,089
34,924,621
29,853,266
31,428,563
30,897,251
25,347,725
23,703,795
22,576,542
22,150,660
24,256,017
24,304,353
20,377,256
16,158,635
total assets
89,402,792
83,965,509
77,388,544
74,506,270
70,444,313
72,595,157
71,319,466
61,675,869
62,479,698
62,171,524
54,997,656
54,478,896
52,518,059
48,468,048
43,343,508
Bank overdraft
4,808,345
2,326,610
2,449,405
396,880
3,620,558
4,072,034
4,283,326
5,271,083
5,620,524
4,888,864
5,304,151
3,675,954
3,547,228
2,543,558
Bank loan
7,197,143
4,543,476
1,389,524
8,707,830
7,218,204
918,203
900,000
685,571
270,753
1,129,138
1,482,079
1,145,956
1,355,524
1,355,525
Trade Creditors
16,463,275
14,665,647
14,451,435
11,864,999
8,703,372
7,432,018
9,153,137
19,959,918
6,842,091
5,701,346
6,027,731
7,801,972
6,678,808
5,935,114
2,461,969
Group/Directors Accounts
24,064
13,453
278,749
other short term finances
2,328,714
2,477,736
608,980
13,582
3,620,639
4,757,063
hp & lease commitments
43,208
39,622
35,257
95,810
91,111
100,703
other current liabilities
9,182,835
9,510,339
9,660,602
11,270,417
8,181,943
9,696,352
10,744,829
7,647,023
7,323,102
7,057,819
8,958,776
8,391,627
7,801,964
7,487,499
total current liabilities
40,023,520
33,563,430
28,595,203
32,253,708
31,344,716
26,875,670
25,081,292
19,959,918
20,541,578
19,030,900
19,217,708
23,825,727
19,892,345
18,639,830
13,848,551
loans
625,000
3,072,143
4,032,191
174,520
190,515
7,420,506
8,100,000
4,666,665
5,333,333
6,000,000
2,200,000
675,000
2,025,000
462,712
1,798,800
hp & lease commitments
152,386
195,301
234,924
58,338
155,567
234,675
Accruals and Deferred Income
2,594,924
2,339,971
2,317,113
1,905,295
3,477,647
3,530,795
4,347,971
3,794,417
3,858,607
3,562,680
2,861,776
other liabilities
940,222
212,791
16,216
515,912
775,142
provisions
274,511
542,154
529,225
862,896
448,075
1,122,731
295,569
total long term liabilities
7,121,035
10,468,360
7,773,669
9,136,623
10,909,379
18,046,032
20,422,540
20,106,082
21,257,278
24,359,247
13,479,451
8,309,000
10,073,000
7,041,712
9,474,800
total liabilities
47,144,555
44,031,790
36,368,872
41,390,331
42,254,095
44,921,702
45,503,832
40,066,000
41,798,856
43,390,147
32,697,159
32,134,727
29,965,345
25,681,542
23,323,351
net assets
41,479,540
39,119,875
40,280,633
32,367,098
27,343,079
26,707,129
25,815,634
21,609,869
20,680,842
18,781,377
22,300,497
22,344,169
22,552,714
22,786,506
20,020,157
total shareholders funds
41,479,540
39,119,875
40,280,633
32,367,098
27,343,079
26,707,129
25,815,634
21,609,869
20,680,842
18,781,377
22,300,497
22,344,169
22,552,714
22,786,506
20,020,157
Mar 2024
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
4,006,134
4,863,269
6,888,321
7,121,641
2,895,737
1,570,009
3,737,661
3,625,198
3,033,395
2,586,933
3,684,270
3,453,175
4,245,380
4,219,310
3,910,785
Depreciation
8,481,602
8,385,781
8,138,932
7,800,306
8,175,394
8,267,491
402,688
7,399,193
7,296,522
6,821,722
6,170,826
5,700,535
5,485,469
5,761,366
6,089,549
Amortisation
1,753,893
1,419,384
1,156,212
1,017,350
941,341
540,094
338,865
28,000
114,955
13,843
110,000
125,999
120,000
Tax
-677,353
-1,244,853
-937,070
-1,511,710
-192,459
-157,102
-633,391
-723,237
-695,291
-517,748
-1,081,381
-1,004,002
-1,231,739
-1,393,245
-1,071,450
Stock
1,982,354
2,159,106
1,753,010
3,682,249
129,892
-2,398,035
1,937,846
348,681
1,924,753
-1,393,740
-516,659
1,029,682
1,926,181
1,336,086
11,600,436
Debtors
246,214
847,728
-208,924
1,637,841
93,376
2,201,867
1,911,948
-490,213
-1,135,093
4,537,021
-1,059,879
1,609,776
-623,060
1,839,489
3,943,672
Creditors
1,797,628
214,212
2,586,436
3,161,627
1,271,354
-1,721,119
-10,806,781
13,117,827
1,140,745
-326,385
-1,774,241
1,123,164
743,694
3,473,145
2,461,969
Accruals and Deferred Income
-72,551
-127,405
-1,197,997
1,516,122
-1,567,557
-1,865,653
11,298,383
-7,711,213
619,848
966,187
960,819
567,149
589,663
314,465
7,487,499
Deferred Taxes & Provisions
-267,643
12,929
-333,671
414,821
-674,656
827,162
295,569
Cash flow from operations
12,793,142
10,516,483
14,757,077
14,200,067
10,625,886
7,657,050
783,200
15,877,300
10,720,514
6,401,271
9,646,831
7,326,562
8,649,346
9,199,466
3,334,244
Investing Activities
capital expenditure
-12,341,003
-7,392,798
-8,620,391
-11,630,757
-8,777,994
-10,001,791
-6,607,573
-7,399,331
-6,735,338
Change in Investments
270,522
-139,065
-174,983
174,983
15
140,005
cash flow from investments
-270,522
139,065
-12,341,003
-7,392,798
-8,620,391
-11,630,757
-8,603,011
-10,176,774
-6,607,588
-7,399,331
-6,875,343
Financing Activities
Bank loans
2,653,667
3,153,952
-7,318,306
1,489,626
6,300,001
18,203
900,000
-685,571
414,818
-858,385
-352,941
336,123
-209,568
-1
1,355,525
Group/Directors Accounts
-24,064
10,611
-265,296
278,749
Other Short Term Loans
-149,022
1,868,756
595,398
-3,607,057
-1,136,424
4,757,063
Long term loans
-2,447,143
-960,048
3,857,671
-15,995
-7,229,991
-679,494
3,433,335
-666,668
-666,667
3,800,000
1,525,000
-1,350,000
1,562,288
-1,336,088
1,798,800
Hire Purchase and Lease Commitments
-39,329
-35,258
270,181
-154,148
-92,530
-88,700
335,378
other long term liabilities
727,431
196,575
-499,696
-259,230
775,142
share issue
720,478
-3,696,900
2,987,900
-157,330
-741,580
915,070
2,356,406
-619,100
986,200
-4,653,893
-1,290,000
-1,494,279
-2,209,000
948,000
18,305,068
interest
-1,043,545
-557,904
-393,358
-331,853
-672,527
-639,021
-217,463
159,616
-250,782
-172,280
-458,446
-421,108
-392,094
1,377,434
1,267,712
cash flow from financing
422,537
-30,827
-500,210
-2,881,839
-2,705,379
4,371,821
6,472,278
-1,965,871
366,975
-1,962,647
-506,305
-2,650,515
-1,248,374
989,345
22,727,105
cash and cash equivalents
cash
1,324,140
-337,546
143,037
-313,335
551,408
-746,172
1,280,754
-156,136
-429,407
174,684
-530,966
-2,687,013
2,615,656
1,024,427
678,949
overdraft
2,481,735
-122,795
2,052,525
-3,223,678
-451,476
-211,292
4,283,326
-5,271,083
-349,441
731,660
-415,287
1,628,197
128,726
1,003,670
2,543,558
change in cash
-1,157,595
-214,751
-1,909,488
2,910,343
1,002,884
-534,880
-3,002,572
5,114,947
-79,966
-556,976
-115,679
-4,315,210
2,486,930
20,757
-1,864,609
hughes electrical limited Credit Report and Business Information
Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
Get a comprehensive credit check for hughes electrical limited. Get real-time insights into hughes electrical limited's credit score, group structure and payment trends.
Perform a competitor analysis for hughes electrical limited by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other mega companies, companies in NR34 area or any other competitors across 12 key performance metrics.
hughes electrical limited Ownership
HUGHES ELECTRICAL LIMITED group structure
Hughes Electrical Limited has 13 subsidiary companies.
The largest shareholders in Hughes Electrical Limited include Lavinia Lawford and Philip Hughes.
lavinia lawford
24.18%
philip hughes
23.4%
j.c. hughes
11.93%
robert hughes
9.48%
a.f. hughes
9.36%
sharon hughes
7.8%
amanda hughes
7.68%
g. jeffrey hughes
5.23%
sheila hughes
0.77%
mark wardell
0.16%
hughes electrical limited directors
Hughes Electrical Limited currently has 7 directors.
The longest serving directors include
Mr Robert Hughes (Feb 1996) and
Ms Lavinia Lawford (Oct 1996).
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 70 charges/mortgages relating to hughes electrical limited. Currently there are 26 open charges and 44 have been satisfied in the past.
hughes electrical 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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hughes electrical limitedCompanies House Filings - See Documents
