trowers & hamlins (services) limited

trowers & hamlins (services) limited Company Information

Share TROWERS & HAMLINS (SERVICES) LIMITED
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Company Number

00680469

Industry

Other business support service activities n.e.c.

 

Shareholders

trowers & hamlins llp

Group Structure

View All

Contact

Registered Address

3 bunhill row, london, EC1Y 8YZ

trowers & hamlins (services) limited Estimated Valuation

£52.4m

Pomanda estimates the enterprise value of TROWERS & HAMLINS (SERVICES) LIMITED at £52.4m based on a Turnover of £45.8m and 1.14x industry multiple (adjusted for size and gross margin).

trowers & hamlins (services) limited Estimated Valuation

£31.5m

Pomanda estimates the enterprise value of TROWERS & HAMLINS (SERVICES) LIMITED at £31.5m based on an EBITDA of £3.9m and a 8.13x industry multiple (adjusted for size and gross margin).

trowers & hamlins (services) limited Estimated Valuation

£89.9k

Pomanda estimates the enterprise value of TROWERS & HAMLINS (SERVICES) LIMITED at £89.9k based on Net Assets of £38k and 2.37x industry multiple (adjusted for liquidity).

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Trowers & Hamlins (services) Limited Overview

Trowers & Hamlins (services) Limited is a live company located in london, EC1Y 8YZ with a Companies House number of 00680469. It operates in the other business support service activities n.e.c. sector, SIC Code 82990. Founded in January 1961, it's largest shareholder is trowers & hamlins llp with a 100% stake. Trowers & Hamlins (services) Limited is a mature, large sized company, Pomanda has estimated its turnover at £45.8m with healthy growth in recent years.

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Trowers & Hamlins (services) Limited Health Check

Pomanda's financial health check has awarded Trowers & Hamlins (Services) Limited a 2 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 5 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating2out of 5
positive_score

2 Strong

positive_score

3 Regular

positive_score

5 Weak

size

Size

annual sales of £45.8m, make it larger than the average company (£3.7m)

£45.8m - Trowers & Hamlins (services) Limited

£3.7m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 9%, show it is growing at a similar rate (8.2%)

9% - Trowers & Hamlins (services) Limited

8.2% - Industry AVG

production

Production

with a gross margin of 37.6%, this company has a comparable cost of product (37.6%)

37.6% - Trowers & Hamlins (services) Limited

37.6% - Industry AVG

profitability

Profitability

an operating margin of 4.1% make it less profitable than the average company (5.7%)

4.1% - Trowers & Hamlins (services) Limited

5.7% - Industry AVG

employees

Employees

with 319 employees, this is above the industry average (22)

319 - Trowers & Hamlins (services) Limited

22 - Industry AVG

paystructure

Pay Structure

on an average salary of £59k, the company has a higher pay structure (£47k)

£59k - Trowers & Hamlins (services) Limited

£47k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £143.7k, this is equally as efficient (£147.7k)

£143.7k - Trowers & Hamlins (services) Limited

£147.7k - Industry AVG

debtordays

Debtor Days

There is insufficient data available for this Key Performance Indicator!

- - Trowers & Hamlins (services) Limited

- - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 14 days, this is quicker than average (32 days)

14 days - Trowers & Hamlins (services) Limited

32 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Trowers & Hamlins (services) Limited

- - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (27 weeks)

0 weeks - Trowers & Hamlins (services) Limited

27 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 99.6%, this is a higher level of debt than the average (58.8%)

99.6% - Trowers & Hamlins (services) Limited

58.8% - Industry AVG

TROWERS & HAMLINS (SERVICES) LIMITED financials

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Trowers & Hamlins (Services) Limited's latest turnover from March 2024 is £45.8 million and the company has net assets of £38 thousand. According to their latest financial statements, Trowers & Hamlins (Services) Limited has 319 employees and maintains cash reserves of £12 thousand 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
Turnover45,829,00043,324,00037,675,00035,457,00035,190,00034,047,00032,200,00030,502,00027,549,53824,242,04723,145,50027,181,69121,242,64420,639,06022,490,162
Other Income Or Grants000000000000000
Cost Of Sales28,616,73426,680,55223,360,17122,250,04321,854,82821,224,58519,965,93718,623,20917,163,05415,344,06414,735,83917,216,95613,094,31512,389,44413,411,927
Gross Profit17,212,26616,643,44814,314,82913,206,95713,335,17212,822,41512,234,06311,878,79110,386,4848,897,9838,409,6619,964,7358,148,3298,249,6169,078,235
Admin Expenses15,330,26614,950,44812,840,82911,884,95712,005,17211,583,41510,992,06310,611,7919,256,8397,816,2827,612,5259,579,3467,794,7557,818,8168,348,251
Operating Profit1,882,0001,693,0001,474,0001,322,0001,330,0001,239,0001,242,0001,267,0001,129,6451,081,701797,136385,389353,574430,800729,984
Interest Payable71,000103,000148,00090,00077,00080,00081,00099,00090,679110,669170,708106,0183,54813,54837,892
Interest Receivable13,0001,00001,0001,000001,0001,5391,1232,599906681356548
Pre-Tax Profit1,824,0001,591,0001,326,0001,233,0001,254,0001,160,0001,161,0001,169,0001,040,505972,155629,027232,215350,707417,608692,640
Tax-561,000-312,000-254,000-224,000-309,000-278,000-310,000-351,000-292,683-298,300-350,559-342,003-329,363-409,582-730,311
Profit After Tax1,263,0001,279,0001,072,0001,009,000945,000882,000851,000818,000747,822673,855278,468-109,78821,3448,026-37,671
Dividends Paid1,263,0001,279,0001,072,0001,009,000945,0001,733,0000818,000747,822673,855281,2500000
Retained Profit00000-851,000851,000000-2,782-109,78821,3448,026-37,671
Employee Costs18,814,00017,176,00015,257,00014,355,00013,390,00012,237,00011,585,00010,746,0009,702,1468,931,6539,395,8029,495,1368,785,2708,387,6899,670,047
Number Of Employees319313290291286271263258226197203212206249251
EBITDA*3,873,0004,040,0003,646,0003,632,0003,109,0002,532,0002,721,0002,957,0002,651,6622,473,2631,775,4531,666,2001,197,8661,401,9111,960,593

* Earnings Before Interest, Tax, Depreciation and Amortisation

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Tangible Assets2,381,0002,448,0001,292,0001,717,0002,183,0002,561,0003,075,0003,948,0003,615,2963,239,2723,243,6473,706,0761,187,4581,309,3882,196,856
Intangible Assets48,000936,0002,173,0003,361,0003,212,0001,895,000833,000346,000479,357480,43000000
Investments & Other000000000000000
Debtors (Due After 1 year)000000000000000
Total Fixed Assets2,429,0003,384,0003,465,0005,078,0005,395,0004,456,0003,908,0004,294,0004,094,6533,719,7023,243,6473,706,0761,187,4581,309,3882,196,856
Stock & work in progress000000000000000
Trade Debtors000000000000000
Group Debtors3,484,0003,915,0002,977,0004,409,0003,987,0002,259,0002,345,0003,766,0003,752,3114,330,7434,431,0203,810,688439,21800
Misc Debtors3,958,0003,182,0003,357,0002,909,0003,030,0002,865,0003,134,0002,743,0002,298,6142,062,2262,242,3611,591,7372,035,6681,968,3051,938,593
Cash12,00016,00051,00011,00022,000103,000218,0000185,22244,4789,9593,48433,59611,9876,204
misc current assets000000000000000
total current assets7,454,0007,113,0006,385,0007,329,0007,039,0005,227,0005,697,0006,509,0006,236,1476,437,4476,683,3405,405,9092,508,4821,980,2921,944,797
total assets9,883,00010,497,0009,850,00012,407,00012,434,0009,683,0009,605,00010,803,00010,330,80010,157,1499,926,9879,111,9853,695,9403,289,6804,141,653
Bank overdraft0000000427,0000000000
Bank loan41,000348,000503,000522,000531,000159,00096,000224,000510,647479,461000256,458307,750
Trade Creditors 1,143,0001,152,000920,000739,0001,159,0000000000000
Group/Directors Accounts1,263,0001,279,000000000747,822673,855281,25000982,283812,143
other short term finances0000000000448,276157,868000
hp & lease commitments313,000246,00057,000102,000329,000336,000341,000322,000313,577163,465170,940417,091000
other current liabilities3,763,0003,430,0007,880,00010,056,0008,814,0008,434,0007,391,0008,528,0008,108,0388,001,4657,544,6926,433,1983,545,3201,921,6632,644,052
total current liabilities6,523,0006,455,0009,360,00011,419,00010,833,0008,929,0007,828,0009,501,0009,680,0849,318,2468,445,1587,008,1573,545,3203,160,4043,763,945
loans7,00038,000904,0001,828,0003,026,0001,432,0001,776,0002,528,000132,534643,1811,122,6421,570,91800256,458
hp & lease commitments736,000669,00077,000136,000224,000348,000612,000902,000480,132157,672321,137492,078000
Accruals and Deferred Income2,579,0003,297,0000000000000000
other liabilities000000000000000
provisions00072,000100,0000000000000
total long term liabilities3,322,0004,004,000452,000950,0001,563,000716,000888,0001,264,000612,666800,8531,443,7792,062,99600256,458
total liabilities9,845,00010,459,0009,812,00012,369,00012,396,0009,645,0008,716,00010,765,00010,292,75010,119,0999,888,9379,071,1533,545,3203,160,4044,020,403
net assets38,00038,00038,00038,00038,00038,000889,00038,00038,05038,05038,05040,832150,620129,276121,250
total shareholders funds38,00038,00038,00038,00038,00038,000889,00038,00038,05038,05038,05040,832150,620129,276121,250
Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Operating Activities
Operating Profit1,882,0001,693,0001,474,0001,322,0001,330,0001,239,0001,242,0001,267,0001,129,6451,081,701797,136385,389353,574430,800729,984
Depreciation1,079,0001,088,000908,0001,024,0001,355,0001,293,0001,218,0001,454,0001,269,5351,182,544978,3171,280,811844,292971,1111,230,609
Amortisation912,0001,259,0001,264,0001,286,000424,0000261,000236,000252,482209,01800000
Tax-561,000-312,000-254,000-224,000-309,000-278,000-310,000-351,000-292,683-298,300-350,559-342,003-329,363-409,582-730,311
Stock000000000000000
Debtors345,000763,000-984,000301,0001,893,000-355,000-1,030,000458,075-342,044-280,4121,270,9562,927,539506,58129,7121,938,593
Creditors-9,000232,000181,000-420,0001,159,0000000000000
Accruals and Deferred Income-385,000-1,153,000-2,176,0001,242,000380,0001,043,000-1,137,000419,962106,573456,7731,111,4942,887,8781,623,657-722,3892,644,052
Deferred Taxes & Provisions00-72,000-28,000100,0000000000000
Cash flow from operations2,573,0002,044,0002,309,0003,901,0002,546,0003,652,0002,304,0002,567,8872,807,5962,912,1481,265,4321,284,5361,985,579240,2281,935,741
Investing Activities
capital expenditure-1,036,000-2,266,000-559,000-1,993,000-2,718,000-1,841,000-1,093,000-1,889,347-1,896,968-1,409,142-515,888-3,799,429-720,862-128,322-574,422
Change in Investments000000000000000
cash flow from investments-1,036,000-2,266,000-559,000-1,993,000-2,718,000-1,841,000-1,093,000-1,889,347-1,896,968-1,409,142-515,888-3,799,429-720,862-128,322-574,422
Financing Activities
Bank loans-307,000-155,000-19,000-9,000372,00063,000-128,000-286,64731,186479,46100-256,458-51,292307,750
Group/Directors Accounts-16,0001,279,00000000-747,82273,967392,605281,2500-982,283170,140812,143
Other Short Term Loans 000000000-448,276290,408157,868000
Long term loans-31,000-866,000-924,000-1,198,0001,594,000-344,000-752,0002,395,466-510,647-479,461-448,2761,570,9180-256,458256,458
Hire Purchase and Lease Commitments134,000781,000-104,000-315,000-131,000-269,000-271,000430,291472,572-170,940-417,092909,169000
other long term liabilities000000000000000
share issue0000000-50000000158,921
interest-58,000-102,000-148,000-89,000-76,000-80,000-81,000-98,000-89,140-109,546-168,109-105,112-2,867-13,192-37,344
cash flow from financing-278,000937,000-1,195,000-1,611,0001,759,000-630,000-1,232,0001,693,238-22,062-336,157-461,8192,532,843-1,241,608-150,8021,497,928
cash and cash equivalents
cash-4,000-35,00040,000-11,000-81,000-115,000218,000-185,222140,74434,5196,475-30,11221,6095,7836,204
overdraft000000-427,000427,0000000000
change in cash-4,000-35,00040,000-11,000-81,000-115,000645,000-612,222140,74434,5196,475-30,11221,6095,7836,204

trowers & hamlins (services) 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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Trowers & Hamlins (services) Limited Competitor Analysis

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Perform a competitor analysis for trowers & hamlins (services) limited by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other large companies, companies in EC1Y area or any other competitors across 12 key performance metrics.

trowers & hamlins (services) limited Ownership

TROWERS & HAMLINS (SERVICES) LIMITED group structure

Trowers & Hamlins (Services) Limited has no subsidiary companies.

Ultimate parent company

1 parent

TROWERS & HAMLINS (SERVICES) LIMITED

00680469

TROWERS & HAMLINS (SERVICES) LIMITED Shareholders

trowers & hamlins llp 100%

trowers & hamlins (services) limited directors

Trowers & Hamlins (Services) Limited currently has 86 directors. The longest serving directors include Ms Stephanie Canham (Jun 1999) and Mr Adrian Carter (Jun 1999).

officercountryagestartendrole
Ms Stephanie CanhamUnited Kingdom61 years Jun 1999- Director
Mr Adrian CarterUnited Kingdom61 years Jun 1999- Director
Ms Emma BurrowsUnited Kingdom59 years Jun 2002- Director
Ms Sara BaileyUnited Kingdom57 years Jun 2002- Director
Mr Michael PattinsonUnited Kingdom55 years May 2003- Director
Mr Riccardo AbbateUnited Kingdom57 years Jul 2006- Director
Mr Patrick Clarke62 years Jul 2007- Director
Mr Paul McDermottUnited Kingdom58 years Jul 2008- Director
Mr Paul MarcoUnited Kingdom56 years Jul 2011- Director
Mr Nicholas LevyUnited Kingdom51 years Jul 2011- Director

P&L

March 2024

turnover

45.8m

+6%

operating profit

1.9m

+11%

gross margin

37.6%

-2.24%

turnover

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

Balance Sheet

March 2024

net assets

38k

0%

total assets

9.9m

-0.06%

cash

12k

-0.25%

net assets

Total assets minus all liabilities

trowers & hamlins (services) limited company details

company number

00680469

Type

Private limited with Share Capital

industry

82990 - Other business support service activities n.e.c.

incorporation date

January 1961

age

64

incorporated

UK

ultimate parent company

accounts

Full Accounts

last accounts submitted

March 2024

previous names

trowers & hamlins (services). (December 2002)

longstop company (September 1998)

accountant

-

auditor

RSM AUDIT LLP

address

3 bunhill row, london, EC1Y 8YZ

Bank

-

Legal Advisor

-

trowers & hamlins (services) 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 trowers & hamlins (services) limited.

trowers & hamlins (services) 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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trowers & hamlins (services) limited Companies House Filings - See Documents

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