hill & smith plc

5

hill & smith plc Company Information

Share HILL & SMITH PLC
Live 
MatureMegaHealthy

Company Number

00671474

Registered Address

westhaven house, arleston way, shirley, solihull, west midlands, B90 4LH

Industry

Activities of head offices

 

Telephone

01217047430

Next Accounts Due

June 2025

Group Structure

View All

Directors

Alan Giddins6 Years

Hannah Nichols5 Years

View All

Shareholders

undisclosed 100%

hill & smith plc Estimated Valuation

£1.4b

Pomanda estimates the enterprise value of HILL & SMITH PLC at £1.4b based on a Turnover of £829.8m and 1.63x industry multiple (adjusted for size and gross margin).

hill & smith plc Estimated Valuation

£1.6b

Pomanda estimates the enterprise value of HILL & SMITH PLC at £1.6b based on an EBITDA of £142.4m and a 11.22x industry multiple (adjusted for size and gross margin).

hill & smith plc Estimated Valuation

£324.7m

Pomanda estimates the enterprise value of HILL & SMITH PLC at £324.7m based on Net Assets of £424.5m and 0.77x industry multiple (adjusted for liquidity).

Edit your figures and get a professional valuation report.

Hill & Smith Plc Overview

Hill & Smith Plc is a live company located in solihull, B90 4LH with a Companies House number of 00671474. It operates in the activities of head offices sector, SIC Code 70100. Founded in September 1960, it's largest shareholder is undisclosed with a 100% stake. Hill & Smith Plc is a mature, mega sized company, Pomanda has estimated its turnover at £829.8m with healthy growth in recent years.

View Sample
View Sample
View Sample

Upgrade for unlimited company reports & a free credit check

Hill & Smith Plc Health Check

Pomanda's financial health check has awarded Hill & Smith Plc a 5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 3 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating5out of 5
positive_score

5 Strong

positive_score

4 Regular

positive_score

3 Weak

size

Size

annual sales of £829.8m, make it larger than the average company (£22.7m)

£829.8m - Hill & Smith Plc

£22.7m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 8%, show it is growing at a faster rate (6.6%)

8% - Hill & Smith Plc

6.6% - Industry AVG

production

Production

with a gross margin of 38.2%, this company has a comparable cost of product (32.9%)

38.2% - Hill & Smith Plc

32.9% - Industry AVG

profitability

Profitability

an operating margin of 12.5% make it more profitable than the average company (5.8%)

12.5% - Hill & Smith Plc

5.8% - Industry AVG

employees

Employees

with 4336 employees, this is above the industry average (126)

4336 - Hill & Smith Plc

126 - Industry AVG

paystructure

Pay Structure

on an average salary of £46.9k, the company has an equivalent pay structure (£48.4k)

£46.9k - Hill & Smith Plc

£48.4k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £191.4k, this is equally as efficient (£199.6k)

£191.4k - Hill & Smith Plc

£199.6k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 57 days, this is later than average (45 days)

57 days - Hill & Smith Plc

45 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 37 days, this is quicker than average (43 days)

37 days - Hill & Smith Plc

43 days - Industry AVG

stockdays

Stock Days

it holds stock equivalent to 75 days, this is more than average (50 days)

75 days - Hill & Smith Plc

50 days - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 12 weeks, this is average cash available to meet short term requirements (15 weeks)

12 weeks - Hill & Smith Plc

15 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 40.6%, this is a lower level of debt than the average (56.2%)

40.6% - Hill & Smith Plc

56.2% - Industry AVG

HILL & SMITH PLC financials

EXPORTms excel logo

Hill & Smith Plc's latest turnover from December 2023 is £829.8 million and the company has net assets of £424.5 million. According to their latest financial statements, Hill & Smith Plc has 4,336 employees and maintains cash reserves of £34.4 million as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Turnover829,800,000732,100,000705,000,000660,500,000694,700,000637,900,000585,100,000540,100,000467,500,000454,700,000444,500,000440,700,000406,200,000374,200,000389,700,000
Other Income Or Grants000000000000000
Cost Of Sales513,100,000461,600,000442,700,000415,900,000438,200,000433,470,947398,560,126364,679,015318,088,069314,783,139308,905,222306,668,157283,152,272259,310,876262,000,000
Gross Profit316,700,000270,500,000262,300,000244,600,000256,500,000204,429,053186,539,874175,420,985149,411,931139,916,861135,594,778134,031,843123,047,728114,889,124127,700,000
Admin Expenses212,900,000192,000,000205,300,000201,800,000187,300,000139,229,053112,439,874123,620,985112,111,93198,816,861101,094,77894,831,84390,147,72875,289,12482,800,000
Operating Profit103,800,00078,500,00057,000,00042,800,00069,200,00065,200,00074,100,00051,800,00037,300,00041,100,00034,500,00039,200,00032,900,00039,600,00044,900,000
Interest Payable11,100,0009,700,0006,700,0007,900,0008,800,0006,000,0004,500,000900,0004,600,0004,700,0004,600,0007,900,00012,000,0008,300,0009,300,000
Interest Receivable500,000500,000600,000600,0001,400,000600,000600,000400,000500,000500,000700,0003,900,0004,500,0004,000,0004,100,000
Pre-Tax Profit93,200,00069,300,00050,900,00035,500,00061,800,00059,800,00070,200,00048,300,00033,200,00036,900,00030,600,00035,200,00025,400,00035,300,00039,700,000
Tax-24,400,000-16,000,000-16,700,000-11,500,000-13,400,000-12,600,000-16,300,000-14,500,000-9,100,000-9,600,000-7,600,000-9,100,000-9,300,000-10,700,000-12,200,000
Profit After Tax68,800,00053,300,00034,200,00024,000,00048,400,00047,200,00053,900,00033,800,00024,100,00027,300,00023,000,00026,100,00016,100,00024,600,00027,500,000
Dividends Paid34,500,000021,200,0008,400,00025,100,00025,100,00023,800,00020,800,00014,100,00014,000,00012,400,00011,600,0009,800,0009,800,0008,900,000
Retained Profit34,300,00056,700,00013,000,00015,600,00023,300,00022,100,00030,100,00013,000,00010,000,00013,300,00010,600,00014,500,0006,300,00014,800,00018,600,000
Employee Costs203,200,000173,200,000183,200,000184,200,000174,700,000160,400,000148,700,000140,600,000121,800,000119,600,000116,000,000110,400,00099,500,00089,300,00092,700,000
Number Of Employees4,3363,7954,3864,4994,5384,2184,0313,9303,8233,6983,6153,6523,4393,0483,232
EBITDA*142,400,000114,700,00095,700,00082,600,00096,600,00089,400,00097,200,00072,800,00052,900,00058,600,00051,400,00055,900,00049,700,00054,600,00059,900,000

* Earnings Before Interest, Tax, Depreciation and Amortisation

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Tangible Assets188,400,000226,800,000235,900,000217,300,000229,900,000170,700,000145,100,000149,700,000129,200,000129,000,000111,900,000106,800,000104,900,000102,900,000106,200,000
Intangible Assets247,500,000182,600,000177,400,000188,500,000212,800,000183,800,000163,900,000166,500,000126,400,000126,100,000126,700,000124,800,000130,900,000109,700,000109,800,000
Investments & Other000000000000000
Debtors (Due After 1 year)2,000,0001,700,0003,000,0001,400,0001,000,0000000000001,100,000
Total Fixed Assets433,900,000409,300,000411,900,000404,400,000441,700,000354,500,000309,000,000316,200,000255,600,000255,100,000238,600,000231,600,000235,800,000212,600,000216,000,000
Stock & work in progress106,100,000113,800,000108,100,00096,300,000100,700,00096,600,00084,600,00071,600,00057,700,00057,900,00055,100,00057,800,00056,200,00046,400,00043,800,000
Trade Debtors130,200,000126,100,000112,300,000106,800,000134,200,000142,000,000107,400,000112,900,00091,100,00085,300,00084,400,00081,900,00084,200,00067,600,00070,500,000
Group Debtors011,400,0000000000000000
Misc Debtors7,100,0006,800,00017,900,00015,900,0009,900,00012,500,0009,100,00007,700,0007,400,0006,800,0006,800,0006,600,0007,300,0006,300,000
Cash34,400,00024,800,00018,800,00022,000,00026,000,00036,900,00016,400,00015,600,00012,900,0006,700,00010,000,0008,900,00012,700,00027,000,00041,100,000
misc current assets00000800,000700,0001,100,00001,500,00000000
total current assets281,100,000285,000,000261,400,000242,300,000270,800,000276,300,000218,200,000201,200,000169,400,000158,800,000156,300,000155,400,000159,700,000148,300,000161,700,000
total assets715,000,000694,300,000673,300,000646,700,000712,500,000630,800,000527,200,000517,400,000425,000,000413,900,000394,900,000387,000,000395,500,000360,900,000377,700,000
Bank overdraft000000300,000300,00000004,100,00000
Bank loan001,900,0008,600,00000000000000
Trade Creditors 53,400,00067,800,00079,300,00062,700,00073,000,000120,900,00059,500,000105,100,00048,600,00049,400,00050,800,00050,700,00047,500,00044,200,00053,800,000
Group/Directors Accounts000000000000000
other short term finances3,600,000300,0000100,000400,0000100,0000300,0001,100,000800,000500,000021,700,00017,800,000
hp & lease commitments8,000,0008,700,0008,800,0008,600,00010,600,0000000001,500,00003,700,0003,900,000
other current liabilities74,500,00065,300,00063,600,00062,700,00058,800,00056,100,00059,000,00013,800,00048,100,00048,600,00045,200,00047,700,00043,800,00038,000,00038,700,000
total current liabilities139,500,000142,100,000153,600,000142,700,000142,800,000133,000,000118,900,000119,200,00097,000,00099,100,00096,800,000100,400,00095,400,000107,600,000114,200,000
loans266,800,000271,000,000302,200,000302,000,000460,600,000338,800,000230,200,000254,600,000208,200,000203,200,000192,800,000187,400,000224,800,000141,200,000195,000,000
hp & lease commitments35,700,00030,600,00030,100,00023,800,00029,400,00000000100,000300,0001,700,0005,200,0008,700,000
Accruals and Deferred Income000001,300,000000000000
other liabilities1,000,000200,0001,500,0001,400,0001,300,00000400,000200,000200,000100,0000200,00000
provisions33,200,00043,000,00055,000,00062,200,00062,200,00065,000,00068,200,00076,600,00050,400,00063,000,00065,000,00060,600,00073,800,00060,800,00068,800,000
total long term liabilities151,000,000157,200,000180,100,000183,500,000262,700,000203,200,000149,200,000166,000,000129,500,000133,300,000129,000,000124,000,000149,500,000101,000,000131,900,000
total liabilities290,500,000299,300,000333,700,000326,200,000405,500,000336,200,000268,100,000285,200,000226,500,000232,400,000225,800,000224,400,000244,900,000208,600,000246,100,000
net assets424,500,000395,000,000339,600,000320,500,000307,000,000294,600,000259,100,000232,200,000198,500,000181,500,000169,100,000162,600,000150,600,000152,300,000131,600,000
total shareholders funds424,500,000395,000,000339,600,000320,500,000307,000,000293,200,000259,100,000232,200,000198,500,000181,500,000169,100,000162,600,000150,600,000152,300,000131,600,000
Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Operating Activities
Operating Profit103,800,00078,500,00057,000,00042,800,00069,200,00065,200,00074,100,00051,800,00037,300,00041,100,00034,500,00039,200,00032,900,00039,600,00044,900,000
Depreciation19,700,00027,900,00031,200,00032,300,00019,900,00018,600,00018,200,00017,300,00015,500,00014,200,00013,600,00012,800,00013,300,00012,900,00013,000,000
Amortisation18,900,0008,300,0007,500,0007,500,0007,500,0005,600,0004,900,0003,700,000100,0003,300,0003,300,0003,900,0003,500,0002,100,0002,000,000
Tax-24,400,000-16,000,000-16,700,000-11,500,000-13,400,000-12,600,000-16,300,000-14,500,000-9,100,000-9,600,000-7,600,000-9,100,000-9,300,000-10,700,000-12,200,000
Stock-7,700,0005,700,00011,800,000-4,400,0004,100,00012,000,00013,000,00013,900,000-200,0002,800,000-2,700,0001,600,0009,800,0002,600,00043,800,000
Debtors-6,700,00012,800,0009,100,000-21,000,0003,100,00025,500,0003,600,00014,100,0006,100,0001,500,0002,500,000-2,100,00015,900,000-3,000,00077,900,000
Creditors-14,400,000-11,500,00016,600,000-10,300,000-47,900,00061,400,000-45,600,00056,500,000-800,000-1,400,000100,0003,200,0003,300,000-9,600,00053,800,000
Accruals and Deferred Income9,200,0001,700,000900,0003,900,0001,400,000-1,600,00045,200,000-34,300,000-500,0003,400,000-2,500,0003,900,0005,800,000-700,00038,700,000
Deferred Taxes & Provisions-9,800,000-12,000,000-7,200,0000-2,800,000-3,200,000-8,400,00026,200,000-12,600,000-2,000,0004,400,000-13,200,00013,000,000-8,000,00068,800,000
Cash flow from operations117,400,00058,400,00068,400,00090,100,00026,700,00095,900,00055,500,00078,700,00024,000,00044,700,00046,000,00041,200,00036,800,00026,000,00087,300,000
Investing Activities
capital expenditure-65,100,000-32,300,000-46,200,000-2,900,000-115,600,000-69,700,000-15,900,000-81,600,000-16,100,000-34,000,000-23,900,000-12,500,000-40,000,000-11,600,000-231,000,000
Change in Investments000000000000000
cash flow from investments-65,100,000-32,300,000-46,200,000-2,900,000-115,600,000-69,700,000-15,900,000-81,600,000-16,100,000-34,000,000-23,900,000-12,500,000-40,000,000-11,600,000-231,000,000
Financing Activities
Bank loans0-1,900,000-6,700,0008,600,00000000000000
Group/Directors Accounts000000000000000
Other Short Term Loans 3,300,000300,000-100,000-300,000400,000-100,000100,000-300,000-800,000300,000300,000500,000-21,700,0003,900,00017,800,000
Long term loans-4,200,000-31,200,000200,000-158,600,000121,800,000108,600,000-24,400,00046,400,0005,000,00010,400,0005,400,000-37,400,00083,600,000-53,800,000195,000,000
Hire Purchase and Lease Commitments4,400,000400,0006,500,000-7,600,00040,000,0000000-100,000-1,700,000100,000-7,200,000-3,700,00012,600,000
other long term liabilities800,000-1,300,000100,000100,0001,300,0000-400,000200,0000100,000100,000-200,000200,00000
share issue-4,800,000-1,300,0006,100,000-2,100,000-9,500,00012,000,000-3,200,00020,700,0007,000,000-900,000-4,100,000-2,500,000-8,000,0005,900,000113,000,000
interest-10,600,000-9,200,000-6,100,000-7,300,000-7,400,000-5,400,000-3,900,000-500,000-4,100,000-4,200,000-3,900,000-4,000,000-7,500,000-4,300,000-5,200,000
cash flow from financing-11,100,000-44,200,0000-167,200,000146,600,000115,100,000-31,800,00066,500,0007,100,0005,600,000-3,900,000-43,500,00039,400,000-52,000,000333,200,000
cash and cash equivalents
cash9,600,0006,000,000-3,200,000-4,000,000-10,900,00020,500,000800,0002,700,0006,200,000-3,300,0001,100,000-3,800,000-14,300,000-14,100,00041,100,000
overdraft00000-300,0000300,000000-4,100,0004,100,00000
change in cash9,600,0006,000,000-3,200,000-4,000,000-10,900,00020,800,000800,0002,400,0006,200,000-3,300,0001,100,000300,000-18,400,000-14,100,00041,100,000

hill & smith plc 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 hill & smith plc. Get real-time insights into hill & smith plc'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

Hill & Smith Plc Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for hill & smith plc by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other mega companies, companies in B90 area or any other competitors across 12 key performance metrics.

hill & smith plc directors

Hill & Smith Plc currently has 8 directors. The longest serving directors include Mr Alan Giddins (Oct 2017) and Mrs Hannah Nichols (Sep 2019).

officercountryagestartendrole
Mr Alan GiddinsEngland59 years Oct 2017- Director
Mrs Hannah Nichols49 years Sep 2019- Director
Mr Anthony QuinlanUnited Kingdom59 years Dec 2019- Director
Mr Peter Raby56 years Dec 2019- Director
Leigh-Ann Russell49 years Apr 2021- Director
Mr Farrokh Batliwala49 years Apr 2022- Director
Mrs Ellen ChesneyEngland61 years Jan 2024- Director
Mr Hooman Caman Javvi37 years Jan 2024- Director

P&L

December 2023

turnover

829.8m

+13%

operating profit

103.8m

+32%

gross margin

38.2%

+3.29%

turnover

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

Balance Sheet

December 2023

net assets

424.5m

+0.07%

total assets

715m

+0.03%

cash

34.4m

+0.39%

net assets

Total assets minus all liabilities

hill & smith plc company details

company number

00671474

Type

Public limited with Share Capital

industry

70100 - Activities of head offices

incorporation date

September 1960

age

64

incorporated

UK

accounts

Group

ultimate parent company

None

previous names

hill & smith holdings plc (November 2022)

hill and smith plc (March 1982)

last accounts submitted

December 2023

address

westhaven house, arleston way, shirley, solihull, west midlands, B90 4LH

accountant

-

auditor

ERNST & YOUNG LLP

hill & smith plc 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 7 charges/mortgages relating to hill & smith plc. Currently there are 0 open charges and 7 have been satisfied in the past.

charges

hill & smith plc Companies House Filings - See Documents

datedescriptionview/download