Pomanda estimates the enterprise value of HSS SERVICE GROUP LIMITED at £199.1m based on a Turnover of £109m and 1.83x industry multiple (adjusted for size and gross margin).
hss service group limitedEstimated Valuation
£352.2m
Pomanda estimates the enterprise value of HSS SERVICE GROUP LIMITED at £352.2m based on an EBITDA of £35.4m and a 9.94x industry multiple (adjusted for size and gross margin).
hss service group limitedEstimated Valuation
£231.5m
Pomanda estimates the enterprise value of HSS SERVICE GROUP LIMITED at £231.5m based on Net Assets of £107.6m and 2.15x industry multiple (adjusted for liquidity).
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Hss Service Group LimitedOverview
Hss Service Group Limited is a live company located in manchester, M17 1FQ with a Companies House number of 00644490. It operates in the renting and leasing of construction and civil engineering machinery and equipment sector, SIC Code 77320. Founded in December 1959, it's largest shareholder is
hero acquisitions limited
with a 100% stake. Hss Service Group Limited is a mature,
mega sized company, Pomanda has estimated its turnover at
£109m with
declining
growth in recent years.
Pomanda's financial health check has awarded Hss Service Group Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 5 areas for improvement. Company Health Check FAQs
Health Rating3.5out of 5
5 Strong
2 Regular
5 Weak
Size
annual sales of £109m, make it larger than the average company (£12.9m)
£109m - Hss Service Group Limited
£12.9m - Industry AVG
Growth
3 year (CAGR) sales growth of -23%, show it is growing at a slower rate (8.9%)
-23% - Hss Service Group Limited
8.9% - Industry AVG
Production
with a gross margin of 72%, this company has a lower cost of product (35%)
72% - Hss Service Group Limited
35% - Industry AVG
Profitability
an operating margin of 8.4% make it less profitable than the average company (12.2%)
8.4% - Hss Service Group Limited
12.2% - Industry AVG
Employees
with 990 employees, this is above the industry average (60)
990 - Hss Service Group Limited
60 - Industry AVG
Pay Structure
on an average salary of £38.4k, the company has an equivalent pay structure (£44.5k)
£38.4k - Hss Service Group Limited
£44.5k - Industry AVG
Efficiency
resulting in sales per employee of £110.1k, this is less efficient (£222.2k)
£110.1k - Hss Service Group Limited
£222.2k - Industry AVG
Debtor Days
it gets paid by customers after 2 days, this is earlier than average (59 days)
2 days - Hss Service Group Limited
59 days - Industry AVG
Creditor Days
its suppliers are paid after 174 days, this is slower than average (48 days)
174 days - Hss Service Group Limited
48 days - Industry AVG
Stock Days
it holds stock equivalent to 33 days, this is more than average (12 days)
33 days - Hss Service Group Limited
12 days - Industry AVG
Cash Balance
has cash to cover current liabilities
for 3 weeks, this is less cash available to meet short term requirements (9 weeks)
3 weeks - Hss Service Group Limited
9 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 61.3%, this is a similar level of debt than the average (56.4%)
61.3% - Hss Service Group Limited
56.4% - Industry AVG
HSS SERVICE GROUP LIMITED financials
EXPORT
Hss Service Group Limited's latest turnover from December 2023 is £109 million and the company has net assets of £107.6 million. According to their latest financial statements, Hss Service Group Limited has 990 employees and maintains cash reserves of £6.8 million as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Dec 2023
Dec 2022
Jan 2022
Dec 2020
Dec 2019
Dec 2018
Dec 2017
Dec 2016
Dec 2015
Dec 2014
Dec 2013
Dec 2012
Dec 2011
Dec 2010
Dec 2009
Turnover
108,965,000
200,281,000
262,454,000
238,257,000
283,180,000
294,972,000
277,897,000
282,399,000
251,015,000
237,467,000
225,813,000
181,807,000
168,550,000
160,034,000
142,359,000
Other Income Or Grants
Cost Of Sales
30,547,000
93,348,000
133,813,000
125,726,000
134,408,000
145,254,000
145,583,000
135,042,000
102,064,000
86,714,000
73,411,000
60,209,000
50,868,000
46,917,000
41,804,000
Gross Profit
78,418,000
106,933,000
128,641,000
112,531,000
148,772,000
149,718,000
132,314,000
147,357,000
148,951,000
150,753,000
152,402,000
121,598,000
117,682,000
113,117,000
100,555,000
Admin Expenses
69,308,000
73,231,000
41,958,000
111,719,000
95,513,000
140,990,000
212,720,000
158,727,000
148,108,000
130,364,000
129,148,000
111,785,000
104,741,000
97,896,000
96,255,000
Operating Profit
9,110,000
33,702,000
86,683,000
812,000
53,259,000
8,728,000
-80,406,000
-11,370,000
843,000
20,389,000
23,254,000
9,813,000
12,941,000
15,221,000
4,300,000
Interest Payable
4,437,000
3,840,000
3,649,000
5,147,000
7,361,000
8,663,000
7,839,000
7,678,000
5,231,000
4,556,000
4,855,000
3,323,000
3,261,000
3,218,000
3,838,000
Interest Receivable
53,000
107,000
258,000
274,000
670,000
731,000
919,000
1,299,000
1,661,000
1,840,000
2,300,000
3,363,000
2,514,000
1,892,000
1,632,000
Pre-Tax Profit
4,726,000
29,969,000
88,201,000
-4,061,000
46,568,000
796,000
-87,326,000
-17,749,000
-2,727,000
17,673,000
20,415,000
9,181,000
12,208,000
13,530,000
2,016,000
Tax
-4,261,000
4,893,000
604,000
-96,000
-1,350,000
2,269,000
812,000
-917,000
-2,229,000
-4,482,000
-4,335,000
-3,479,000
-5,874,000
-3,379,000
-4,197,000
Profit After Tax
465,000
34,862,000
88,805,000
-4,157,000
45,218,000
3,065,000
-86,514,000
-18,666,000
-4,956,000
13,191,000
16,080,000
5,702,000
6,334,000
10,151,000
-2,181,000
Dividends Paid
90,563,000
8,500,000
Retained Profit
465,000
-55,701,000
93,118,000
-4,157,000
45,218,000
3,065,000
-86,514,000
-18,666,000
-13,456,000
13,191,000
16,080,000
5,702,000
6,334,000
10,151,000
-2,181,000
Employee Costs
37,998,000
57,519,000
71,566,000
64,559,000
71,804,000
74,975,000
84,554,000
73,779,000
74,213,000
64,940,000
66,788,000
56,450,000
50,812,000
45,576,000
46,395,000
Number Of Employees
990
1,360
1,803
1,956
2,208
2,297
2,512
2,771
2,916
2,575
2,612
2,362
2,146
1,986
2,008
EBITDA*
35,416,000
78,160,000
116,226,000
39,752,000
77,696,000
31,855,000
-50,211,000
18,565,000
29,874,000
41,662,000
48,029,000
29,940,000
30,926,000
32,567,000
25,398,000
* Earnings Before Interest, Tax, Depreciation and Amortisation
Dec 2023
Dec 2022
Jan 2022
Dec 2020
Dec 2019
Dec 2018
Dec 2017
Dec 2016
Dec 2015
Dec 2014
Dec 2013
Dec 2012
Dec 2011
Dec 2010
Dec 2009
Tangible Assets
71,223,000
73,362,000
129,127,000
138,344,000
93,770,000
104,751,000
107,493,000
124,838,000
127,433,000
96,564,000
99,192,000
63,836,000
50,050,000
50,668,000
56,549,000
Intangible Assets
45,263,000
45,995,000
7,336,000
5,514,000
4,556,000
4,904,000
6,238,000
8,417,000
6,915,000
4,255,000
10,385,000
5,319,000
Investments & Other
7,762,000
22,049,000
22,049,000
25,437,000
25,437,000
25,563,000
25,563,000
14,515,000
7,421,000
8,197,000
8,570,000
Debtors (Due After 1 year)
2,012,000
6,917,000
1,549,000
Total Fixed Assets
116,486,000
119,357,000
134,914,000
143,858,000
98,326,000
109,655,000
113,731,000
133,255,000
134,348,000
100,819,000
109,577,000
69,155,000
57,471,000
58,865,000
65,119,000
Stock & work in progress
2,821,000
2,701,000
2,213,000
2,429,000
2,894,000
3,172,000
3,973,000
5,491,000
7,170,000
5,528,000
5,417,000
3,753,000
3,102,000
1,954,000
1,527,000
Trade Debtors
651,000
231,000
64,620,000
55,687,000
61,920,000
66,582,000
69,367,000
66,658,000
65,457,000
56,417,000
53,237,000
40,032,000
33,713,000
32,270,000
26,185,000
Group Debtors
137,284,000
182,257,000
115,665,000
16,578,000
10,329,000
20,928,000
19,412,000
31,314,000
30,565,000
36,318,000
17,409,000
41,339,000
66,603,000
51,864,000
33,508,000
Misc Debtors
11,186,000
9,080,000
12,811,000
13,746,000
18,773,000
17,440,000
14,419,000
21,249,000
14,360,000
13,811,000
13,688,000
11,049,000
12,877,000
12,503,000
8,446,000
Cash
6,805,000
21,836,000
21,131,000
26,135,000
20,287,000
12,210,000
1,349,000
1,456,000
722,000
7,587,000
2,871,000
1,525,000
3,718,000
5,206,000
3,743,000
misc current assets
total current assets
161,295,000
217,559,000
216,440,000
114,575,000
114,203,000
120,332,000
108,520,000
126,168,000
118,274,000
119,661,000
92,622,000
97,698,000
120,013,000
103,797,000
73,409,000
total assets
277,781,000
336,916,000
351,354,000
258,433,000
212,529,000
229,987,000
222,251,000
259,423,000
252,622,000
220,480,000
202,199,000
166,853,000
177,484,000
162,662,000
138,528,000
Bank overdraft
1,524,000
4,019,000
Bank loan
Trade Creditors
14,613,000
13,890,000
41,779,000
21,711,000
31,583,000
40,786,000
36,110,000
45,959,000
37,128,000
33,805,000
29,493,000
20,288,000
16,082,000
11,830,000
9,113,000
Group/Directors Accounts
73,397,000
70,726,000
106,181,000
97,969,000
89,303,000
other short term finances
hp & lease commitments
16,471,000
14,950,000
17,163,000
21,051,000
4,240,000
3,882,000
3,493,000
2,572,000
2,101,000
1,742,000
3,408,000
1,992,000
184,000
345,000
613,000
other current liabilities
81,762,000
139,228,000
57,665,000
145,702,000
148,155,000
189,112,000
199,576,000
170,701,000
154,342,000
113,040,000
20,536,000
13,489,000
10,856,000
14,085,000
9,954,000
total current liabilities
112,846,000
168,068,000
116,607,000
188,464,000
183,978,000
233,780,000
239,179,000
219,232,000
195,095,000
148,587,000
126,834,000
110,514,000
133,303,000
124,229,000
108,983,000
loans
89,798,000
92,314,000
108,268,000
120,672,000
18,728,000
16,408,000
12,086,000
5,146,000
5,540,000
6,062,000
hp & lease commitments
44,899,000
46,157,000
54,134,000
60,336,000
9,364,000
8,204,000
6,043,000
2,573,000
2,770,000
3,031,000
5,019,000
3,145,000
252,000
42,000
374,000
Accruals and Deferred Income
other liabilities
11,635,000
provisions
24,820,000
31,198,000
37,100,000
51,274,000
63,670,000
67,124,000
74,240,000
22,312,000
20,674,000
21,498,000
8,376,000
7,363,000
5,764,000
6,538,000
7,469,000
total long term liabilities
57,309,000
61,756,000
72,684,000
85,973,000
41,199,000
53,401,000
43,163,000
13,729,000
13,107,000
13,780,000
13,395,000
10,508,000
6,016,000
6,580,000
7,843,000
total liabilities
170,155,000
229,824,000
189,291,000
274,437,000
225,177,000
287,181,000
282,342,000
232,961,000
208,202,000
162,367,000
140,229,000
121,022,000
139,319,000
130,809,000
116,826,000
net assets
107,626,000
107,092,000
162,063,000
-16,004,000
-12,648,000
-57,194,000
-60,091,000
26,462,000
44,420,000
58,113,000
61,970,000
45,831,000
38,165,000
31,853,000
21,702,000
total shareholders funds
107,626,000
107,092,000
162,063,000
-16,004,000
-12,648,000
-57,194,000
-60,091,000
26,462,000
44,420,000
58,113,000
61,970,000
45,831,000
38,165,000
31,853,000
21,702,000
Dec 2023
Dec 2022
Jan 2022
Dec 2020
Dec 2019
Dec 2018
Dec 2017
Dec 2016
Dec 2015
Dec 2014
Dec 2013
Dec 2012
Dec 2011
Dec 2010
Dec 2009
Operating Activities
Operating Profit
9,110,000
33,702,000
86,683,000
812,000
53,259,000
8,728,000
-80,406,000
-11,370,000
843,000
20,389,000
23,254,000
9,813,000
12,941,000
15,221,000
4,300,000
Depreciation
14,365,000
29,325,000
27,076,000
36,615,000
21,852,000
20,091,000
26,604,000
26,876,000
26,880,000
20,000,000
24,302,000
19,907,000
17,985,000
17,346,000
21,082,000
Amortisation
11,941,000
15,133,000
2,467,000
2,325,000
2,585,000
3,036,000
3,591,000
3,059,000
2,151,000
1,273,000
473,000
220,000
16,000
Tax
-4,261,000
4,893,000
604,000
-96,000
-1,350,000
2,269,000
812,000
-917,000
-2,229,000
-4,482,000
-4,335,000
-3,479,000
-5,874,000
-3,379,000
-4,197,000
Stock
120,000
2,701,000
2,213,000
-465,000
-278,000
-801,000
-1,518,000
-1,679,000
1,642,000
111,000
1,664,000
651,000
1,148,000
427,000
1,527,000
Debtors
-47,352,000
198,485,000
194,645,000
-5,011,000
-13,928,000
1,752,000
-16,023,000
8,839,000
3,836,000
22,212,000
-8,086,000
-20,773,000
16,556,000
28,498,000
68,139,000
Creditors
723,000
13,890,000
41,779,000
-9,872,000
-9,203,000
4,676,000
-9,849,000
8,831,000
3,323,000
4,312,000
9,205,000
4,206,000
4,252,000
2,717,000
9,113,000
Accruals and Deferred Income
-57,466,000
139,228,000
57,665,000
-2,453,000
-40,957,000
-10,464,000
28,875,000
16,359,000
41,302,000
92,504,000
7,047,000
2,633,000
-3,229,000
4,131,000
9,954,000
Deferred Taxes & Provisions
-6,378,000
31,198,000
37,100,000
-12,396,000
-3,454,000
-7,116,000
51,928,000
1,638,000
-824,000
13,122,000
1,013,000
1,599,000
-774,000
-931,000
7,469,000
Cash flow from operations
15,266,000
66,183,000
56,516,000
20,411,000
36,938,000
20,269,000
39,096,000
37,316,000
65,968,000
124,795,000
67,381,000
55,021,000
7,597,000
6,180,000
-21,929,000
Investing Activities
capital expenditure
-23,435,000
-163,815,000
-166,006,000
-84,472,000
-13,108,000
-19,051,000
-10,671,000
-28,842,000
-62,560,000
-12,515,000
-65,197,000
-39,232,000
-17,367,000
-11,465,000
-77,647,000
Change in Investments
7,762,000
-3,388,000
-126,000
11,048,000
14,515,000
-7,421,000
-776,000
-373,000
8,570,000
cash flow from investments
-23,435,000
-163,815,000
-173,768,000
-84,472,000
-9,720,000
-19,051,000
-10,545,000
-28,842,000
-73,608,000
-27,030,000
-65,197,000
-31,811,000
-16,591,000
-11,092,000
-86,217,000
Financing Activities
Bank loans
Group/Directors Accounts
-73,397,000
2,671,000
-35,455,000
8,212,000
8,666,000
89,303,000
Other Short Term Loans
Long term loans
-2,516,000
92,314,000
108,268,000
101,944,000
2,320,000
4,322,000
6,940,000
-394,000
-522,000
6,062,000
Hire Purchase and Lease Commitments
263,000
61,107,000
71,297,000
67,783,000
1,518,000
2,550,000
4,391,000
274,000
98,000
-3,654,000
3,290,000
4,701,000
49,000
-600,000
987,000
other long term liabilities
-11,635,000
11,635,000
share issue
69,000
162,793,000
68,945,000
801,000
-672,000
-168,000
-39,000
708,000
-237,000
-17,048,000
59,000
1,964,000
-22,000
23,883,000
interest
-4,384,000
-3,733,000
-3,391,000
-4,873,000
-6,691,000
-7,932,000
-6,920,000
-6,379,000
-3,570,000
-2,716,000
-2,555,000
40,000
-747,000
-1,326,000
-2,206,000
cash flow from financing
-6,568,000
312,481,000
245,119,000
165,655,000
-15,160,000
10,407,000
4,372,000
-5,791,000
-4,231,000
-90,753,000
3,465,000
-28,750,000
7,492,000
6,740,000
111,967,000
cash and cash equivalents
cash
-15,031,000
21,836,000
21,131,000
5,848,000
8,077,000
10,861,000
-107,000
734,000
-6,865,000
4,716,000
1,346,000
-2,193,000
-1,488,000
1,463,000
3,743,000
overdraft
-1,524,000
1,524,000
-4,019,000
4,019,000
change in cash
-15,031,000
21,836,000
21,131,000
5,848,000
8,077,000
10,861,000
-107,000
2,258,000
-8,389,000
4,716,000
5,365,000
-6,212,000
-1,488,000
1,463,000
3,743,000
hss service group 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 hss service group limited. Get real-time insights into hss service group limited's credit score, group structure and payment trends.
Perform a competitor analysis for hss service group limited by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other mega companies, companies in M17 area or any other competitors across 12 key performance metrics.
hss service group limited Ownership
HSS SERVICE GROUP LIMITED group structure
Hss Service Group Limited has 3 subsidiary companies.
The sole shareholder of Hss Service Group Limited is Hero Acquisitions Limited.
hero acquisitions limited
100%
hss service group limited directors
Hss Service Group Limited currently has 3 directors.
The longest serving directors include
Mr Mark Browning (Aug 2024) and
Mr Alan Peterson (Nov 2024).
building 2, think park, mosley road, manchester, M17 1FQ
Bank
HSBC BANK PLC
Legal Advisor
-
hss service group 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 14 charges/mortgages relating to hss service group limited. Currently there are 1 open charges and 13 have been satisfied in the past.
hss service group 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 HSS SERVICE GROUP LIMITED. This can take several minutes, an email will notify you when this has completed.
hss service group limitedCompanies House Filings - See Documents
