g.h.hoyles,limited

g.h.hoyles,limited Company Information

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Company Number

00539865

Industry

Growing of cereals (except rice), leguminous crops and oil seeds

 

Directors

John Hoyles

Peter Hoyles

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Shareholders

john henry raymond hoyles

peter george william hoyles

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Group Structure

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Contact

Registered Address

monmouth house, long sutton, spalding, lincolnshire, PE12 9LH

g.h.hoyles,limited Estimated Valuation

£1.3m

Pomanda estimates the enterprise value of G.H.HOYLES,LIMITED at £1.3m based on a Turnover of £2.2m and 0.61x industry multiple (adjusted for size and gross margin).

g.h.hoyles,limited Estimated Valuation

£4.6m

Pomanda estimates the enterprise value of G.H.HOYLES,LIMITED at £4.6m based on an EBITDA of £1.1m and a 4.01x industry multiple (adjusted for size and gross margin).

g.h.hoyles,limited Estimated Valuation

£4.3m

Pomanda estimates the enterprise value of G.H.HOYLES,LIMITED at £4.3m based on Net Assets of £2.8m and 1.55x industry multiple (adjusted for liquidity).

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G.h.hoyles,limited Overview

G.h.hoyles,limited is a live company located in spalding, PE12 9LH with a Companies House number of 00539865. It operates in the growing of cereals (except rice), leguminous crops and oil seeds sector, SIC Code 01110. Founded in October 1954, it's largest shareholder is john henry raymond hoyles with a 50% stake. G.h.hoyles,limited is a mature, small sized company, Pomanda has estimated its turnover at £2.2m with healthy growth in recent years.

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G.h.hoyles,limited Health Check

Pomanda's financial health check has awarded G.H.Hoyles,Limited a 4.5 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

Health Check Image
Health Rating4.5out of 5
positive_score

4 Strong

positive_score

2 Regular

positive_score

6 Weak

size

Size

annual sales of £2.2m, make it smaller than the average company (£5.3m)

£2.2m - G.h.hoyles,limited

£5.3m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 12%, show it is growing at a faster rate (7.3%)

12% - G.h.hoyles,limited

7.3% - Industry AVG

production

Production

with a gross margin of 31.7%, this company has a comparable cost of product (31.7%)

31.7% - G.h.hoyles,limited

31.7% - Industry AVG

profitability

Profitability

an operating margin of 52.6% make it more profitable than the average company (8.9%)

52.6% - G.h.hoyles,limited

8.9% - Industry AVG

employees

Employees

with 8 employees, this is below the industry average (41)

8 - G.h.hoyles,limited

41 - Industry AVG

paystructure

Pay Structure

on an average salary of £36.8k, the company has an equivalent pay structure (£36.8k)

£36.8k - G.h.hoyles,limited

£36.8k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £270.8k, this is more efficient (£176.9k)

£270.8k - G.h.hoyles,limited

£176.9k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 75 days, this is later than average (36 days)

75 days - G.h.hoyles,limited

36 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 32 days, this is quicker than average (38 days)

32 days - G.h.hoyles,limited

38 days - Industry AVG

stockdays

Stock Days

it holds stock equivalent to 156 days, this is more than average (93 days)

156 days - G.h.hoyles,limited

93 days - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (16 weeks)

0 weeks - G.h.hoyles,limited

16 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 37.4%, this is a lower level of debt than the average (47.4%)

37.4% - G.h.hoyles,limited

47.4% - Industry AVG

G.H.HOYLES,LIMITED financials

EXPORTms excel logo

G.H.Hoyles,Limited's latest turnover from March 2024 is estimated at £2.2 million and the company has net assets of £2.8 million. According to their latest financial statements, G.H.Hoyles,Limited has 8 employees and maintains cash reserves of £189 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Turnover2,166,5161,648,7431,560,4061,548,1991,379,0461,569,1721,141,1971,242,2981,490,6912,570,8182,926,7141,854,9781,822,4421,597,0281,598,828
Other Income Or Grants000000000000000
Cost Of Sales1,479,3741,123,8761,086,5411,128,878994,2251,081,900801,251863,4651,041,1271,783,2541,977,5871,196,8901,114,3981,013,9041,020,942
Gross Profit687,142524,867473,865419,321384,821487,272339,947378,833449,564787,564949,127658,089708,043583,124577,887
Admin Expenses-452,33576,655602,758334,565532,55361,70294,192192,798309,169946,149944,76130,157625,359555,521-263,692
Operating Profit1,139,477448,212-128,89384,756-147,732425,570245,755186,035140,395-158,5854,366627,93282,68427,603841,579
Interest Payable96,710117,25886,44082,63782,588104,928111,698101,46070,56132,43618,3587,4773,96300
Interest Receivable10810011011783783110
Pre-Tax Profit1,042,776330,962-215,3322,120-230,320320,643134,05884,57569,835-191,020-13,209621,23878,72227,604841,579
Tax-260,694-62,8830-4030-60,922-25,471-16,915-13,96700-149,097-20,468-7,729-235,642
Profit After Tax782,082268,079-215,3321,717-230,320259,721108,58767,66055,868-191,020-13,209472,14158,25419,875605,937
Dividends Paid000000000000000
Retained Profit782,082268,079-215,3321,717-230,320259,721108,58767,66055,868-191,020-13,209472,14158,25419,875605,937
Employee Costs294,266287,200270,585286,835336,646362,195235,334253,049349,965519,822624,833407,910411,095374,925388,836
Number Of Employees888911128912182214151414
EBITDA*1,139,477649,651160,882415,990221,259807,856618,164472,543446,817175,983263,430855,418298,163221,0121,030,074

* Earnings Before Interest, Tax, Depreciation and Amortisation

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Tangible Assets3,248,5532,976,8473,113,7613,396,2813,603,3443,472,5843,705,1793,185,6093,124,1333,127,5183,168,1232,298,0652,320,5052,081,0191,997,249
Intangible Assets0000020,18540,37160,55780,7431,7605,7284,4166,9919,6891,347
Investments & Other50,92350,92350,92350,92350,92350,923873873873873873273273273273
Debtors (Due After 1 year)000000000000000
Total Fixed Assets3,299,4763,027,7703,164,6843,447,2043,654,2673,543,6923,746,4233,247,0393,205,7493,130,1513,174,7242,302,7542,327,7692,090,9811,998,869
Stock & work in progress632,398543,071608,475541,5140695,1640000000229,331256,379
Trade Debtors447,631254,703191,782151,677148,434191,260143,448129,285196,825129,791237,560168,457117,289175,467191,452
Group Debtors000000000000000
Misc Debtors103,21969,53185,221178,719170,828102,88168,24695,60375,366000000
Cash189186186186185185185185185185184312,925184184184
misc current assets0000591,0610722,747570,397360,083294,395390,698207,110306,33200
total current assets1,183,437867,491885,664872,096910,508989,490934,626795,470632,459424,371628,442688,492423,805404,982448,015
total assets4,482,9133,895,2614,050,3484,319,3004,564,7754,533,1824,681,0494,042,5093,838,2083,554,5223,803,1662,991,2462,751,5742,495,9632,446,884
Bank overdraft247,128589,953715,983580,019537,726231,175614,466675,283565,008000000
Bank loan000000000000000
Trade Creditors 133,400138,492267,937240,309220,341245,737156,895234,088150,037700,469630,873366,484575,512565,253486,112
Group/Directors Accounts000000000000000
other short term finances000000000000000
hp & lease commitments027,87475,631144,678160,36994,137122,54800000000
other current liabilities326,282303,140250,703200,167177,913271,976116,07486,36364,145000000
total current liabilities706,8101,059,4591,310,2541,165,1731,096,349843,0251,009,983995,734779,190700,469630,873366,484575,512565,253486,112
loans454,802427,412554,610710,585881,0771,057,8181,205,515941,6091,064,823541,288456,736108,114121,94800
hp & lease commitments0027,874103,505248,182105,977171,77900000000
Accruals and Deferred Income000062,16667,34772,52740,37260,558000000
other liabilities182,86195,618103,242110,86756,32558,76981,39942,9358,985475,181695,824509,261592,595549,067599,004
provisions332,569288,983298,658258,128251,351342,553341,874332,474302,927129,775120,90495,34921,62200
total long term liabilities970,232812,013984,3841,183,0851,499,1011,632,4641,873,0941,357,3901,437,2931,146,2441,273,464712,724736,165549,067599,004
total liabilities1,677,0421,871,4722,294,6382,348,2582,595,4502,475,4892,883,0772,353,1242,216,4831,846,7131,904,3371,079,2081,311,6771,114,3201,085,116
net assets2,805,8712,023,7891,755,7101,971,0421,969,3252,057,6931,797,9721,689,3851,621,7251,707,8091,898,8291,912,0381,439,8971,381,6431,361,768
total shareholders funds2,805,8712,023,7891,755,7101,971,0421,969,3252,057,6931,797,9721,689,3851,621,7251,707,8091,898,8291,912,0381,439,8971,381,6431,361,768
Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Operating Activities
Operating Profit1,139,477448,212-128,89384,756-147,732425,570245,755186,035140,395-158,5854,366627,93282,68427,603841,579
Depreciation0201,439289,775331,234348,806362,100352,223266,322304,662330,600255,096224,911212,781190,711188,005
Amortisation000020,18520,18620,18620,1861,7603,9683,9682,5752,6982,698490
Tax-260,694-62,8830-4030-60,922-25,471-16,915-13,96700-149,097-20,468-7,729-235,642
Stock89,327-65,40466,961541,514-695,164695,164000000-229,331-27,048256,379
Debtors226,61647,231-53,39311,13425,12182,447-13,194-47,303142,400-107,76969,10351,168-58,178-15,985191,452
Creditors-5,092-129,44527,62819,968-25,39688,842-77,19384,051-550,43269,596264,389-209,02810,25979,141486,112
Accruals and Deferred Income23,14252,43750,536-39,912-99,244150,72261,8662,032124,703000000
Deferred Taxes & Provisions43,586-9,67540,5306,777-91,2026799,40029,547173,1528,87125,55573,72721,62200
Cash flow from operations624,476518,258266,008-150,228675,460209,566599,960618,56137,873362,219484,271519,852597,085335,457832,713
Investing Activities
capital expenditure-271,706-64,525-7,255-124,171-479,566-129,505-871,793-327,798-382,020-289,995-1,130,434-202,471-452,267-285,521-2,187,091
Change in Investments0000050,0500000600000273
cash flow from investments-271,706-64,525-7,255-124,171-479,566-179,555-871,793-327,798-382,020-289,995-1,131,034-202,471-452,267-285,521-2,187,364
Financing Activities
Bank loans000000000000000
Group/Directors Accounts000000000000000
Other Short Term Loans 000000000000000
Long term loans27,390-127,198-155,975-170,492-176,741-147,697263,906-123,214523,53584,552348,622-13,834121,94800
Hire Purchase and Lease Commitments-27,874-75,631-144,678-160,368208,437-94,213294,32700000000
other long term liabilities87,243-7,624-7,62554,542-2,444-22,63038,46433,950-466,196-220,643186,563-83,33443,528-49,937599,004
share issue0000141,952000-141,95200000755,831
interest-96,700-117,250-86,439-82,637-82,588-104,927-111,697-101,460-70,560-32,435-17,575-6,694-3,96210
cash flow from financing-9,941-327,703-394,717-358,95588,616-369,467485,000-190,724-155,173-168,526517,610-103,862161,514-49,9361,354,835
cash and cash equivalents
cash3001000001-312,741312,74100184
overdraft-342,825-126,030135,96442,293306,551-383,291-60,817110,275565,008000000
change in cash342,828126,030-135,964-42,292-306,551383,29160,817-110,275-565,0081-312,741312,74100184

g.h.hoyles,limited Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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G.h.hoyles,limited Competitor Analysis

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Perform a competitor analysis for g.h.hoyles,limited by selecting its closest rivals, whether from the AGRICULTURE, FORESTRY AND FISHING sector, other small companies, companies in PE12 area or any other competitors across 12 key performance metrics.

g.h.hoyles,limited Ownership

G.H.HOYLES,LIMITED group structure

G.H.Hoyles,Limited has no subsidiary companies.

Ultimate parent company

G.H.HOYLES,LIMITED

00539865

G.H.HOYLES,LIMITED Shareholders

john henry raymond hoyles 50%
peter george william hoyles 25%
trustee of peter george william hoyles 25%

g.h.hoyles,limited directors

G.H.Hoyles,Limited currently has 4 directors. The longest serving directors include Mr John Hoyles (Jul 1991) and Mr Peter Hoyles (Jul 1991).

officercountryagestartendrole
Mr John HoylesUnited Kingdom85 years Jul 1991- Director
Mr Peter HoylesUnited Kingdom81 years Jul 1991- Director
Mr David HoylesUnited Kingdom49 years Mar 2013- Director
Mr James HoylesEngland59 years Mar 2013- Director

P&L

March 2024

turnover

2.2m

+31%

operating profit

1.1m

0%

gross margin

31.8%

-0.37%

turnover

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

Balance Sheet

March 2024

net assets

2.8m

+0.39%

total assets

4.5m

+0.15%

cash

189

+0.02%

net assets

Total assets minus all liabilities

g.h.hoyles,limited company details

company number

00539865

Type

Private limited with Share Capital

industry

01110 - Growing of cereals (except rice), leguminous crops and oil seeds

incorporation date

October 1954

age

70

incorporated

UK

ultimate parent company

None

accounts

Total Exemption Full

last accounts submitted

March 2024

previous names

N/A

accountant

DUNCAN & TOPLIS LIMITED

auditor

-

address

monmouth house, long sutton, spalding, lincolnshire, PE12 9LH

Bank

NATIONAL WESTMINSTER BANK PLC

Legal Advisor

-

g.h.hoyles,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 16 charges/mortgages relating to g.h.hoyles,limited. Currently there are 13 open charges and 3 have been satisfied in the past.

g.h.hoyles,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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g.h.hoyles,limited Companies House Filings - See Documents

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