hhgl limited

hhgl limited Company Information

Share HHGL LIMITED
Live (In Receivership)
MatureMegaDeclining

Company Number

00533033

Industry

Retail sale of hardware, paints and glass in specialised stores

 

Retail sale of electrical household appliances in specialised stores

 
View All 

Shareholders

alyway limited

damian mcgloughlin

View All

Group Structure

View All

Contact

Registered Address

teneo financial advisory limited, 3rd floor, the colmore building, queensway, birmingham, B4 6AT

hhgl limited Estimated Valuation

£596.5m

Pomanda estimates the enterprise value of HHGL LIMITED at £596.5m based on a Turnover of £701.2m and 0.85x industry multiple (adjusted for size and gross margin).

hhgl limited Estimated Valuation

£0

Pomanda estimates the enterprise value of HHGL LIMITED at £0 based on an EBITDA of £-44.8m and a 8.66x industry multiple (adjusted for size and gross margin).

hhgl limited Estimated Valuation

£0

Pomanda estimates the enterprise value of HHGL LIMITED at £0 based on Net Assets of £-535.5m and 2.47x industry multiple (adjusted for liquidity).

Edit your figures and get a professional valuation report.

Hhgl Limited Overview

Hhgl Limited is a live company located in queensway, B4 6AT with a Companies House number of 00533033. It operates in the other retail sale in non-specialised stores sector, SIC Code 47190. Founded in May 1954, it's largest shareholder is alyway limited with a 94% stake. Hhgl Limited is a mature, mega sized company, Pomanda has estimated its turnover at £701.2m with declining growth in recent years.

View Sample
View Sample
View Sample

Upgrade for unlimited company reports & a free credit check

Hhgl Limited Health Check

Pomanda's financial health check has awarded Hhgl Limited a 3 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 Check Image
Health Rating3out of 5
positive_score

4 Strong

positive_score

3 Regular

positive_score

5 Weak

size

Size

annual sales of £701.2m, make it larger than the average company (£6.7m)

£701.2m - Hhgl Limited

£6.7m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -2%, show it is growing at a slower rate (3.5%)

-2% - Hhgl Limited

3.5% - Industry AVG

production

Production

with a gross margin of 41.8%, this company has a comparable cost of product (36.4%)

41.8% - Hhgl Limited

36.4% - Industry AVG

profitability

Profitability

an operating margin of -7.6% make it less profitable than the average company (5.2%)

-7.6% - Hhgl Limited

5.2% - Industry AVG

employees

Employees

with 4791 employees, this is above the industry average (43)

4791 - Hhgl Limited

43 - Industry AVG

paystructure

Pay Structure

on an average salary of £23.7k, the company has an equivalent pay structure (£26k)

£23.7k - Hhgl Limited

£26k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £146.4k, this is equally as efficient (£171.7k)

£146.4k - Hhgl Limited

£171.7k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 1 days, this is earlier than average (13 days)

1 days - Hhgl Limited

13 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 74 days, this is slower than average (43 days)

74 days - Hhgl Limited

43 days - Industry AVG

stockdays

Stock Days

it holds stock equivalent to 126 days, this is more than average (92 days)

126 days - Hhgl Limited

92 days - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 5 weeks, this is less cash available to meet short term requirements (21 weeks)

5 weeks - Hhgl Limited

21 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 346.7%, this is a higher level of debt than the average (61%)

346.7% - Hhgl Limited

61% - Industry AVG

HHGL LIMITED financials

EXPORTms excel logo

Hhgl Limited's latest turnover from January 2023 is £701.2 million and the company has net assets of -£535.5 million. According to their latest financial statements, Hhgl Limited has 4,791 employees and maintains cash reserves of £14.2 million as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Jan 2023Dec 2021Dec 2020Dec 2019Dec 2018Jun 2018Feb 2017Feb 2016Feb 2015Mar 2014Mar 2013Mar 2012Feb 2011Feb 2010
Turnover701,179,000788,219,000738,145,000775,779,000458,077,0001,431,980,0001,177,114,0001,360,112,0001,408,807,0001,415,829,0001,355,013,0001,447,859,0001,457,093,0001,477,990,000
Other Income Or Grants00000000000000
Cost Of Sales407,931,000407,047,000378,316,000417,634,000261,136,000906,270,000729,489,000760,332,000766,817,000754,195,000706,187,000763,242,000772,138,000792,606,000
Gross Profit293,248,000381,172,000359,829,000358,145,000196,941,000525,710,000447,625,000599,780,000641,990,000661,634,000648,826,000684,617,000684,955,000685,384,000
Admin Expenses346,633,000325,907,000314,559,000364,059,000232,773,000801,569,000569,908,000557,519,000625,221,000675,724,000649,823,000616,337,000613,948,000634,734,000
Operating Profit-53,385,00055,265,00045,270,000-5,914,000-35,832,000-275,859,000-122,283,00042,261,00016,769,000-14,090,000-997,00068,280,00071,007,00050,650,000
Interest Payable13,887,0008,054,0008,987,0009,184,0004,326,00010,138,0005,743,00010,501,0004,494,0006,647,0005,858,0008,014,0009,017,0009,612,000
Interest Receivable001,0001,00019,00017,00012,00026,0004,00065,000153,000203,000104,000284,000
Pre-Tax Profit-85,225,00055,645,00043,570,000-19,108,000-14,692,000-403,745,000-145,190,00032,824,0007,551,000-20,221,000-6,702,00060,469,00062,094,00041,322,000
Tax1,029,000-25,653,00023,389,00000-26,836,00017,276,000-639,000607,000-2,001,000-8,638,000-15,502,000-22,550,000-1,523,000
Profit After Tax-84,196,00029,992,00066,959,000-19,108,000-14,692,000-430,581,000-127,914,00032,185,0008,158,000-22,222,000-15,340,00044,967,00039,544,00039,799,000
Dividends Paid0000000404,174,000000000
Retained Profit-84,196,00029,931,00066,959,000-19,108,000-14,692,000-430,581,000-127,914,000-371,989,0008,158,000-22,222,000-15,340,00044,967,00039,544,00039,799,000
Employee Costs113,345,000121,566,000126,430,000142,469,00091,594,000269,635,000182,872,000179,810,000200,592,000213,400,000213,391,000212,537,000201,621,000218,600,000
Number Of Employees4,7915,0785,4586,8749,60411,10611,8996,86115,49416,10716,85117,36117,47217,313
EBITDA*-44,758,00063,620,00061,724,0004,092,000-31,133,000-237,913,000-89,587,00075,398,00050,385,00018,773,00030,259,000105,529,000104,106,00081,745,000

* Earnings Before Interest, Tax, Depreciation and Amortisation

Jan 2023Dec 2021Dec 2020Dec 2019Dec 2018Jun 2018Feb 2017Feb 2016Feb 2015Mar 2014Mar 2013Mar 2012Feb 2011Feb 2010
Tangible Assets28,036,00039,475,00036,655,00022,327,00012,266,00023,032,000109,216,000125,204,000129,038,000156,995,000159,970,000195,360,000209,015,000221,793,000
Intangible Assets7,189,0008,729,0007,104,00013,127,00016,156,00019,222,00034,079,00041,879,00040,346,00026,924,00010,491,0007,0000214,000
Investments & Other398,000373,000842,000842,000842,0005,635,0009,096,0000000000
Debtors (Due After 1 year)0024,425,00000027,679,0009,711,00016,547,00014,998,00015,911,00016,063,00000
Total Fixed Assets35,623,00048,577,00069,026,00036,296,00029,264,00047,889,000180,070,000176,794,000185,931,000198,917,000186,372,000195,367,000209,015,000222,007,000
Stock & work in progress141,199,000168,749,000106,976,000132,340,000168,683,000225,254,000323,106,000220,384,000222,122,000208,095,000219,425,000211,379,000210,796,000219,433,000
Trade Debtors2,025,0001,464,0001,130,0001,189,0005,422,0002,096,0004,344,0002,769,0004,606,0002,809,0002,332,0003,307,0007,817,0006,171,000
Group Debtors008,065,0008,065,0008,065,0008,212,00022,749,000585,000662,901,000662,418,000658,907,000675,090,000669,051,000677,157,000
Misc Debtors23,976,00025,219,00025,344,00027,553,00016,445,00035,473,00039,198,00074,913,00072,469,00075,589,00064,686,00050,367,00055,595,00049,783,000
Cash14,226,00076,758,00083,009,00016,229,00031,347,00039,019,00017,771,00021,514,000152,078,00020,936,00078,294,00012,757,00074,914,00077,301,000
misc current assets000000010,490,00022,563,000183,0005,805,0001,392,00007,405,000
total current assets181,426,000272,190,000224,524,000185,376,000229,962,000310,054,000407,168,000330,655,0001,136,739,000970,030,0001,029,449,000954,292,0001,018,173,0001,037,250,000
total assets217,049,000320,767,000293,550,000221,672,000259,226,000357,943,000587,238,000507,449,0001,322,670,0001,168,947,0001,215,821,0001,149,659,0001,227,188,0001,259,257,000
Bank overdraft00000000000000
Bank loan000012,701,000000000000
Trade Creditors 83,689,00087,637,00080,927,00073,387,00062,767,00024,225,000139,806,000187,363,000116,683,00095,482,00098,892,00097,895,000111,651,000108,294,000
Group/Directors Accounts003,367,0003,043,0002,623,00040,678,00032,663,0002,000293,775,000186,732,000397,770,000000
other short term finances001,212,000740,0000000622,0005,597,000347,000000
hp & lease commitments00000000000000
other current liabilities59,846,00058,113,00068,147,00048,365,00059,565,000201,892,000115,106,000186,927,000258,024,000216,317,000187,047,000354,720,000420,695,000470,962,000
total current liabilities143,535,000145,750,000153,653,000125,535,000137,656,000266,795,000287,575,000374,292,000669,104,000504,128,000684,056,000452,615,000532,346,000579,256,000
loans518,760,000600,074,000593,512,000610,919,000603,153,000560,599,000292,630,0000150,000,000150,000,0000150,000,000150,000,000150,000,000
hp & lease commitments00000000000000
Accruals and Deferred Income16,984,00016,235,00014,166,00012,651,00018,512,00023,117,00023,254,00023,449,00023,805,00024,574,00026,434,00027,988,00030,774,00034,057,000
other liabilities66,277,0000000000000000
provisions6,988,00010,007,00013,654,00020,961,00029,191,00022,026,00067,792,00059,566,00059,749,00085,919,00071,609,000147,678,000234,240,000261,748,000
total long term liabilities609,009,000626,316,000621,332,000644,531,000650,856,000605,742,000383,676,00083,015,000233,554,000260,493,00098,043,000251,827,000297,894,000314,931,000
total liabilities752,544,000772,066,000774,985,000770,066,000788,512,000872,537,000671,251,000457,307,000902,658,000764,621,000782,099,000704,442,000830,240,000894,187,000
net assets-535,495,000-451,299,000-481,435,000-548,394,000-529,286,000-514,594,000-84,013,00050,142,000420,012,000404,326,000433,722,000445,217,000396,948,000365,070,000
total shareholders funds-535,495,000-451,299,000-481,435,000-548,394,000-529,286,000-514,594,000-84,013,00050,142,000420,012,000404,326,000433,722,000445,217,000396,948,000365,070,000
Jan 2023Dec 2021Dec 2020Dec 2019Dec 2018Jun 2018Feb 2017Feb 2016Feb 2015Mar 2014Mar 2013Mar 2012Feb 2011Feb 2010
Operating Activities
Operating Profit-53,385,00055,265,00045,270,000-5,914,000-35,832,000-275,859,000-122,283,00042,261,00016,769,000-14,090,000-997,00068,280,00071,007,00050,650,000
Depreciation5,361,0005,210,0003,964,0002,693,0001,248,00028,046,00020,279,00022,072,00025,993,00028,994,00030,149,00037,246,00032,885,00029,862,000
Amortisation3,266,0003,145,00012,490,0007,313,0003,451,0009,900,00012,417,00011,065,0007,623,0003,869,0001,107,0003,000214,0001,233,000
Tax1,029,000-25,653,00023,389,00000-26,836,00017,276,000-639,000607,000-2,001,000-8,638,000-15,502,000-22,550,000-1,523,000
Stock141,199,00061,773,000-25,364,000-36,343,000-154,423,000-97,852,000102,722,000-1,738,00014,027,000-11,330,0008,046,000583,000-8,637,000219,433,000
Debtors26,001,000-32,281,00022,157,0006,875,000-64,038,000-48,189,0005,992,000-668,545,000709,00013,978,000-2,991,00012,364,000-648,000733,111,000
Creditors83,689,0006,710,0007,540,00010,620,000-77,039,000-115,581,000-47,557,00070,680,00021,201,000-3,410,000997,000-13,756,0003,357,000108,294,000
Accruals and Deferred Income76,830,000-7,965,00021,297,000-17,061,000-60,283,00086,649,000-72,016,000-71,453,00040,938,00027,410,000-169,227,000-68,761,000-53,550,000505,019,000
Deferred Taxes & Provisions6,988,000-3,647,000-7,307,000-8,230,000-38,601,000-45,766,0008,226,000-183,000-26,170,00014,310,000-76,069,000-86,562,000-27,508,000261,748,000
Cash flow from operations-43,422,0003,573,000109,850,00018,889,00011,405,000-193,406,000-292,372,000744,086,00072,225,00052,434,000-227,733,000-91,999,00013,140,0002,739,000
Investing Activities
capital expenditure00-24,759,000-17,038,000110,174,00063,095,000-8,908,000-30,836,000-19,081,000-46,321,000-6,350,000-23,601,000-20,107,000-253,102,000
Change in Investments398,000-469,00000-8,254,000-3,461,0009,096,0000000000
cash flow from investments-398,000469,000-24,759,000-17,038,000118,428,00066,556,000-18,004,000-30,836,000-19,081,000-46,321,000-6,350,000-23,601,000-20,107,000-253,102,000
Financing Activities
Bank loans000-12,701,00012,701,000000000000
Group/Directors Accounts0-3,367,000324,000420,000-30,040,0008,015,00032,661,000-293,773,000107,043,000-211,038,000397,770,000000
Other Short Term Loans 0-1,212,000472,000740,000000-622,000-4,975,0005,250,000347,000000
Long term loans518,760,0006,562,000-17,407,0007,766,000310,523,000267,969,000292,630,000-150,000,0000150,000,000-150,000,00000150,000,000
Hire Purchase and Lease Commitments00000000000000
other long term liabilities66,277,0000000000000000
share issue-451,299,000205,00000-430,581,0000-6,241,0002,119,0007,528,000-7,174,0003,845,0003,302,000-7,666,000325,271,000
interest-13,887,000-8,054,000-8,986,000-9,183,000-4,307,000-10,121,000-5,731,000-10,475,000-4,490,000-6,582,000-5,705,000-7,811,000-8,913,000-9,328,000
cash flow from financing119,851,000-5,866,000-25,597,000-12,958,000-141,704,000265,863,000313,319,000-452,751,000105,106,000-69,544,000246,257,000-4,509,000-16,579,000465,943,000
cash and cash equivalents
cash14,226,000-6,251,00066,780,000-15,118,00013,576,00021,248,000-3,743,000-130,564,000131,142,000-57,358,00065,537,000-62,157,000-2,387,00077,301,000
overdraft00000000000000
change in cash14,226,000-6,251,00066,780,000-15,118,00013,576,00021,248,000-3,743,000-130,564,000131,142,000-57,358,00065,537,000-62,157,000-2,387,00077,301,000

hhgl 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 hhgl limited. Get real-time insights into hhgl limited's credit score, group structure and payment trends.

From as little as £6.99

This will not impact your credit rating!

View Credit Report Sample

Hhgl Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for hhgl 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 B 4 area or any other competitors across 12 key performance metrics.

hhgl limited Ownership

HHGL LIMITED Shareholders

alyway limited 94%
damian mcgloughlin 5%
zalene mcgloughlin 1%

hhgl limited directors

Hhgl Limited currently has 3 directors. The longest serving directors include Mr Andrew Coleman (Dec 2017) and Mr Damian McGloughlin (Dec 2017).

officercountryagestartendrole
Mr Andrew ColemanUnited Kingdom50 years Dec 2017- Director
Mr Damian McGloughlin55 years Dec 2017- Director
Mr Simon Luscombe45 years Jan 2024- Director

P&L

January 2023

turnover

701.2m

0%

operating profit

-53.4m

0%

gross margin

41.9%

0%

turnover

Turnover, or revenue, is the amount of sales generated by a company within the financial year.

Balance Sheet

January 2023

net assets

-535.5m

0%

total assets

217m

0%

cash

14.2m

0%

net assets

Total assets minus all liabilities

Similar Companies

Similar companies unavailable for this selection

hhgl limited company details

company number

00533033

Type

Private limited with Share Capital

industry

47520 - Retail sale of hardware, paints and glass in specialised stores

47540 - Retail sale of electrical household appliances in specialised stores

47190 - Other retail sale in non-specialised stores

incorporation date

May 1954

age

70

incorporated

UK

ultimate parent company

ALYWAY LTD

accounts

Group

last accounts submitted

January 2023

previous names

homebase limited (December 2016)

texas homecare limited (March 1996)

accountant

-

auditor

BUZZACOTT LLP

address

teneo financial advisory limited, 3rd floor, the colmore building, queensway, birmingham, B4 6AT

Bank

-

Legal Advisor

-

hhgl 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 83 charges/mortgages relating to hhgl limited. Currently there are 64 open charges and 19 have been satisfied in the past.

hhgl 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.

Click to start generating capital raising & share issue transactions for HHGL LIMITED. This can take several minutes, an email will notify you when this has completed.

hhgl limited Companies House Filings - See Documents

datedescriptionview/download