boyes holdings (scarborough) limited
boyes holdings (scarborough) limited Company Information
Company Number
00533692
Website
www.boyes.co.ukRegistered Address
havers hill, eastfield, scarborough, north yorkshire, YO11 3DT
Industry
Activities of head offices
Telephone
01723582181
Next Accounts Due
December 2024
Group Structure
View All
Shareholders
carol gaynor boyes 16.3%
andrew peter boyes 12%
View Allboyes holdings (scarborough) limited Estimated Valuation
Pomanda estimates the enterprise value of BOYES HOLDINGS (SCARBOROUGH) LIMITED at £513.5m based on a Turnover of £93.8m and 5.47x industry multiple (adjusted for size and gross margin).
boyes holdings (scarborough) limited Estimated Valuation
Pomanda estimates the enterprise value of BOYES HOLDINGS (SCARBOROUGH) LIMITED at £105.5m based on an EBITDA of £11.2m and a 9.38x industry multiple (adjusted for size and gross margin).
boyes holdings (scarborough) limited Estimated Valuation
Pomanda estimates the enterprise value of BOYES HOLDINGS (SCARBOROUGH) LIMITED at £145m based on Net Assets of £36.7m and 3.95x industry multiple (adjusted for liquidity).
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Boyes Holdings (scarborough) Limited Overview
Boyes Holdings (scarborough) Limited is a live company located in scarborough, YO11 3DT with a Companies House number of 00533692. It operates in the activities of head offices sector, SIC Code 70100. Founded in May 1954, it's largest shareholder is carol gaynor boyes with a 16.2% stake. Boyes Holdings (scarborough) Limited is a mature, large sized company, Pomanda has estimated its turnover at £93.8m with low growth in recent years.
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Boyes Holdings (scarborough) Limited Health Check
Pomanda's financial health check has awarded Boyes Holdings (Scarborough) Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 7 measures and has 5 areas for improvement. Company Health Check FAQs
7 Strong
0 Regular
5 Weak
Size
annual sales of £93.8m, make it larger than the average company (£20.2m)
£93.8m - Boyes Holdings (scarborough) Limited
£20.2m - Industry AVG
Growth
3 year (CAGR) sales growth of 3%, show it is growing at a slower rate (4.4%)
3% - Boyes Holdings (scarborough) Limited
4.4% - Industry AVG
Production
with a gross margin of 25.4%, this company has a higher cost of product (32.6%)
25.4% - Boyes Holdings (scarborough) Limited
32.6% - Industry AVG
Profitability
an operating margin of 10.1% make it more profitable than the average company (5.9%)
10.1% - Boyes Holdings (scarborough) Limited
5.9% - Industry AVG
Employees
with 1480 employees, this is above the industry average (120)
1480 - Boyes Holdings (scarborough) Limited
120 - Industry AVG
Pay Structure
on an average salary of £12.2k, the company has a lower pay structure (£45.4k)
£12.2k - Boyes Holdings (scarborough) Limited
£45.4k - Industry AVG
Efficiency
resulting in sales per employee of £63.4k, this is less efficient (£186.6k)
£63.4k - Boyes Holdings (scarborough) Limited
£186.6k - Industry AVG
Debtor Days
it gets paid by customers after 0 days, this is earlier than average (46 days)
0 days - Boyes Holdings (scarborough) Limited
46 days - Industry AVG
Creditor Days
its suppliers are paid after 38 days, this is quicker than average (45 days)
38 days - Boyes Holdings (scarborough) Limited
45 days - Industry AVG
Stock Days
it holds stock equivalent to 97 days, this is more than average (48 days)
97 days - Boyes Holdings (scarborough) Limited
48 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 146 weeks, this is more cash available to meet short term requirements (16 weeks)
146 weeks - Boyes Holdings (scarborough) Limited
16 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 17.5%, this is a lower level of debt than the average (57%)
17.5% - Boyes Holdings (scarborough) Limited
57% - Industry AVG
BOYES HOLDINGS (SCARBOROUGH) LIMITED financials
Boyes Holdings (Scarborough) Limited's latest turnover from March 2023 is £93.8 million and the company has net assets of £36.7 million. According to their latest financial statements, Boyes Holdings (Scarborough) Limited has 1,480 employees and maintains cash reserves of £35.6 million 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 | 93,810,644 | 89,789,425 | 71,847,869 | 86,714,183 | 82,100,481 | 78,878,976 | 677 | 0 | 107,059 | 107,059 | 102,240 | 102,240 | 97,421 | 97,421 |
| Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||||
| Cost Of Sales | 70,023,013 | 68,505,965 | 60,942,994 | 69,300,215 | 65,937,816 | 61,582,134 | 0 | |||||||
| Gross Profit | 23,787,631 | 21,283,460 | 10,904,875 | 17,413,968 | 16,162,665 | 17,296,842 | 0 | |||||||
| Admin Expenses | 14,328,179 | 12,220,755 | 6,543,749 | 14,488,213 | 14,061,775 | 12,397,745 | 0 | |||||||
| Operating Profit | 9,459,452 | 9,062,705 | 4,361,126 | 2,925,755 | 2,100,890 | 4,899,097 | 0 | |||||||
| Interest Payable | 1,741 | 43,550 | 1,741 | 2,122 | 732,204 | 1,741 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest Receivable | 426,437 | 21,574 | 27,973 | 45,982 | 40,725 | 22,655 | 0 | 679 | 678 | 678 | 678 | 681 | 679 | 679 |
| Pre-Tax Profit | 9,884,148 | 9,040,729 | 4,372,358 | 2,916,615 | 2,091,411 | 4,808,011 | 97,903 | 97,707 | 97,691 | 97,685 | 92,847 | 92,049 | 85,802 | 85,787 |
| Tax | -2,075,944 | -1,769,617 | -781,414 | -570,767 | -580,503 | -757,260 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit After Tax | 7,808,204 | 7,271,112 | 3,590,944 | 2,345,848 | 1,510,908 | 4,050,751 | 97,903 | 97,707 | 97,691 | 97,685 | 92,847 | 92,049 | 85,802 | 85,787 |
| Dividends Paid | -185,582 | -185,582 | 185,582 | 185,582 | 93,600 | 185,582 | 93,600 | 93,600 | 93,600 | 93,600 | 88,000 | 88,000 | 82,400 | 82,400 |
| Retained Profit | 4,362,568 | 4,074,723 | 1,733,208 | 1,066,674 | 711,606 | 1,463,696 | 4,303 | 4,107 | 4,091 | 4,085 | 4,847 | 4,049 | 3,402 | 3,387 |
| Employee Costs | 18,021,336 | 18,003,675 | 19,453,762 | 19,472,564 | 18,561,603 | 17,457,200 | 441 | 441 | ||||||
| Number Of Employees | 1,480 | 1,441 | 1,727 | 1,886 | 1,907 | 1,738 | ||||||||
| EBITDA* | 11,245,594 | 11,022,142 | 6,315,356 | 4,876,071 | 3,847,487 | 6,591,881 | 0 |
* 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 | 24,368,347 | 24,771,654 | 26,477,386 | 27,989,601 | 28,393,630 | 27,817,951 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 71,768 | 71,768 | 71,768 | 71,768 | 71,768 | 71,768 | 71,768 | 71,768 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 24,368,347 | 24,771,654 | 26,477,386 | 27,989,601 | 28,393,630 | 27,817,951 | 71,768 | 71,768 | 71,768 | 71,768 | 71,768 | 71,768 | 71,768 | 71,768 |
| Stock & work in progress | 18,630,509 | 16,420,439 | 15,589,758 | 19,486,316 | 18,534,648 | 17,795,840 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 254,607 | 238,667 | 218,180 | 1,776,088 | 1,512,404 | 1,544,173 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 33,514 | 33,500 | 33,500 | 33,500 | 33,500 | 33,500 | 33,500 | 33,500 |
| Misc Debtors | 4,128,433 | 2,648,115 | 1,581,292 | 3,008,913 | 3,031,726 | 1,956,120 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 35,626,402 | 29,157,476 | 20,931,395 | 13,570,409 | 11,604,584 | 11,735,083 | 64,045 | 59,756 | 55,649 | 51,558 | 47,473 | 42,627 | 39,885 | 39,048 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 58,639,951 | 48,464,697 | 38,320,625 | 37,841,726 | 34,683,362 | 33,031,216 | 97,559 | 93,256 | 89,149 | 85,058 | 80,973 | 76,127 | 73,385 | 72,548 |
| total assets | 83,008,298 | 73,236,351 | 64,798,011 | 65,831,327 | 63,076,992 | 60,849,167 | 169,327 | 165,024 | 160,917 | 156,826 | 152,741 | 147,895 | 145,153 | 144,316 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 7,387,006 | 6,448,080 | 4,329,247 | 5,961,211 | 5,777,993 | 5,050,748 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 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 | 5,269,266 | 4,149,985 | 4,480,871 | 6,705,988 | 5,949,303 | 5,555,935 | 546 | 546 | 546 | 546 | 546 | 547 | 1,854 | 4,419 |
| total current liabilities | 12,656,272 | 10,598,065 | 8,810,118 | 12,667,199 | 11,727,296 | 10,606,683 | 546 | 546 | 546 | 546 | 546 | 547 | 1,854 | 4,419 |
| loans | 24,743 | 24,743 | 24,743 | 24,743 | 24,743 | 24,743 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 |
| 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 | 1,548,133 | 1,080,015 | 1,144,152 | 1,172,749 | 996,583 | 878,697 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 1,884,876 | 1,104,758 | 3,373,715 | 2,186,502 | 2,897,286 | 2,664,380 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 |
| total liabilities | 14,541,148 | 11,702,823 | 12,183,833 | 14,853,701 | 14,624,582 | 13,271,063 | 10,546 | 10,546 | 10,546 | 10,546 | 10,546 | 10,547 | 11,854 | 14,419 |
| net assets | 36,696,288 | 32,981,787 | 28,204,419 | 27,326,251 | 25,972,200 | 25,502,070 | 158,781 | 154,478 | 150,371 | 146,280 | 142,195 | 137,348 | 133,299 | 129,897 |
| total shareholders funds | 36,696,288 | 32,981,787 | 28,204,419 | 27,326,251 | 25,972,200 | 25,502,070 | 158,781 | 154,478 | 150,371 | 146,280 | 142,195 | 137,348 | 133,299 | 129,897 |
| 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 | 9,459,452 | 9,062,705 | 4,361,126 | 2,925,755 | 2,100,890 | 4,899,097 | 0 | |||||||
| Depreciation | 1,786,142 | 1,959,437 | 1,954,230 | 1,950,316 | 1,746,597 | 1,692,784 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | -2,075,944 | -1,769,617 | -781,414 | -570,767 | -580,503 | -757,260 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Stock | 2,210,070 | 830,681 | -3,896,558 | 951,668 | 738,808 | 17,795,840 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 1,496,258 | 1,087,310 | -2,985,529 | 240,871 | 1,043,837 | 3,466,779 | 14 | 0 | 0 | 0 | 0 | 0 | 0 | 33,500 |
| Creditors | 938,926 | 2,118,833 | -1,631,964 | 183,218 | 727,245 | 5,050,748 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 1,119,281 | -330,886 | -2,225,117 | 756,685 | 393,368 | 5,555,389 | 0 | 0 | 0 | 0 | -1 | -1,307 | -2,565 | 4,419 |
| Deferred Taxes & Provisions | 468,118 | -64,137 | -28,597 | 176,166 | 117,886 | 878,697 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | 7,989,647 | 9,058,344 | 8,530,351 | 4,228,834 | 2,722,838 | -3,943,164 | 0 | |||||||
| Investing Activities | ||||||||||||||
| capital expenditure | 0 | 0 | 0 | 0 | -3,098,979 | -2,135,179 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Change in Investments | 0 | 0 | 0 | 0 | 0 | -71,768 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 71,768 |
| cash flow from investments | 0 | 0 | 0 | 0 | -3,098,979 | -2,063,411 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -71,768 |
| 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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 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 | 14,743 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 10,000 |
| 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 | 424,696 | -21,976 | 26,232 | 43,860 | -691,479 | 20,914 | 0 | 679 | 678 | 678 | 678 | 681 | 679 | 679 |
| cash flow from financing | -223,371 | 680,669 | -828,808 | 331,237 | -932,955 | 23,915,250 | 0 | 679 | 678 | 678 | 678 | 681 | 679 | 137,189 |
| cash and cash equivalents | ||||||||||||||
| cash | 6,468,926 | 8,226,081 | 7,360,986 | 1,965,825 | -130,499 | 11,671,038 | 4,289 | 4,107 | 4,091 | 4,085 | 4,846 | 2,742 | 837 | 39,048 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 6,468,926 | 8,226,081 | 7,360,986 | 1,965,825 | -130,499 | 11,671,038 | 4,289 | 4,107 | 4,091 | 4,085 | 4,846 | 2,742 | 837 | 39,048 |
boyes holdings (scarborough) limited Credit Report and Business Information
Boyes Holdings (scarborough) Limited Competitor Analysis
Perform a competitor analysis for boyes holdings (scarborough) limited by selecting its closest rivals and benchmarking them against 12 key performance metrics.
boyes holdings (scarborough) limited Ownership
BOYES HOLDINGS (SCARBOROUGH) LIMITED group structure
Boyes Holdings (Scarborough) Limited has 1 subsidiary company.
Ultimate parent company
BOYES HOLDINGS (SCARBOROUGH) LIMITED
00533692
1 subsidiary
boyes holdings (scarborough) limited directors
Boyes Holdings (Scarborough) Limited currently has 4 directors. The longest serving directors include Mr Stephen Boyes (Apr 1992) and Mr Andrew Boyes (Apr 1992).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Stephen Boyes | 61 years | Apr 1992 | - | Director | |
| Mr Andrew Boyes | 77 years | Apr 1992 | - | Director | |
| Ms Carol Boyes | 73 years | Sep 2007 | - | Director | |
| Mr Robin Boyes | 55 years | Sep 2007 | - | Director |
P&L
March 2023turnover
93.8m
+4%
operating profit
9.5m
+4%
gross margin
25.4%
+6.97%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2023net assets
36.7m
+0.11%
total assets
83m
+0.13%
cash
35.6m
+0.22%
net assets
Total assets minus all liabilities
boyes holdings (scarborough) limited company details
company number
00533692
Type
Private limited with Share Capital
industry
70100 - Activities of head offices
incorporation date
May 1954
age
70
accounts
Group
ultimate parent company
previous names
N/A
incorporated
UK
address
havers hill, eastfield, scarborough, north yorkshire, YO11 3DT
last accounts submitted
March 2023
boyes holdings (scarborough) 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 boyes holdings (scarborough) limited.
boyes holdings (scarborough) limited Companies House Filings - See Documents
| date | description | view/download |
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