peter hoare & company (insurance brokers) limited

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peter hoare & company (insurance brokers) limited Company Information

Share PETER HOARE & COMPANY (INSURANCE BROKERS) LIMITED

Company Number

01051139

Shareholders

clear group (holdings) ltd

Group Structure

View All

Industry

Activities of insurance agents and brokers

 

Registered Address

ranmoor house, 237 graham road, sheffield, south yorkshire, S10 3GS

peter hoare & company (insurance brokers) limited Estimated Valuation

£5.3m

Pomanda estimates the enterprise value of PETER HOARE & COMPANY (INSURANCE BROKERS) LIMITED at £5.3m based on a Turnover of £5.2m and 1.02x industry multiple (adjusted for size and gross margin).

peter hoare & company (insurance brokers) limited Estimated Valuation

£0

Pomanda estimates the enterprise value of PETER HOARE & COMPANY (INSURANCE BROKERS) LIMITED at £0 based on an EBITDA of £-285.3k and a 5.7x industry multiple (adjusted for size and gross margin).

peter hoare & company (insurance brokers) limited Estimated Valuation

£1.6m

Pomanda estimates the enterprise value of PETER HOARE & COMPANY (INSURANCE BROKERS) LIMITED at £1.6m based on Net Assets of £913.1k and 1.72x industry multiple (adjusted for liquidity).

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Peter Hoare & Company (insurance Brokers) Limited Overview

Peter Hoare & Company (insurance Brokers) Limited is a live company located in sheffield, S10 3GS with a Companies House number of 01051139. It operates in the activities of insurance agents and brokers sector, SIC Code 66220. Founded in April 1972, it's largest shareholder is clear group (holdings) ltd with a 100% stake. Peter Hoare & Company (insurance Brokers) Limited is a mature, mid sized company, Pomanda has estimated its turnover at £5.2m with healthy growth in recent years.

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Peter Hoare & Company (insurance Brokers) Limited Health Check

Pomanda's financial health check has awarded Peter Hoare & Company (Insurance Brokers) Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 4 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating3.5out of 5
positive_score

5 Strong

positive_score

2 Regular

positive_score

4 Weak

size

Size

annual sales of £5.2m, make it larger than the average company (£2.9m)

£5.2m - Peter Hoare & Company (insurance Brokers) Limited

£2.9m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 11%, show it is growing at a faster rate (5.9%)

11% - Peter Hoare & Company (insurance Brokers) Limited

5.9% - Industry AVG

production

Production

with a gross margin of 96.1%, this company has a comparable cost of product (96.1%)

96.1% - Peter Hoare & Company (insurance Brokers) Limited

96.1% - Industry AVG

profitability

Profitability

an operating margin of -6% make it less profitable than the average company (18.7%)

-6% - Peter Hoare & Company (insurance Brokers) Limited

18.7% - Industry AVG

employees

Employees

with 27 employees, this is above the industry average (17)

27 - Peter Hoare & Company (insurance Brokers) Limited

17 - Industry AVG

paystructure

Pay Structure

on an average salary of £48.7k, the company has an equivalent pay structure (£48.7k)

£48.7k - Peter Hoare & Company (insurance Brokers) Limited

£48.7k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £190.9k, this is more efficient (£114.9k)

£190.9k - Peter Hoare & Company (insurance Brokers) Limited

£114.9k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 138 days, this is later than average (73 days)

138 days - Peter Hoare & Company (insurance Brokers) Limited

73 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 4223 days, this is slower than average (126 days)

4223 days - Peter Hoare & Company (insurance Brokers) Limited

126 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Peter Hoare & Company (insurance Brokers) Limited

- - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 27 weeks, this is less cash available to meet short term requirements (36 weeks)

27 weeks - Peter Hoare & Company (insurance Brokers) Limited

36 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 73.5%, this is a higher level of debt than the average (61.1%)

73.5% - Peter Hoare & Company (insurance Brokers) Limited

61.1% - Industry AVG

PETER HOARE & COMPANY (INSURANCE BROKERS) LIMITED financials

EXPORTms excel logo

Peter Hoare & Company (Insurance Brokers) Limited's latest turnover from October 2023 is estimated at £5.2 million and the company has net assets of £913.1 thousand. According to their latest financial statements, Peter Hoare & Company (Insurance Brokers) Limited has 27 employees and maintains cash reserves of £1.4 million as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Oct 2023Oct 2022Oct 2021Oct 2020Oct 2019Oct 2018Oct 2017Oct 2016Oct 2015Oct 2014Oct 2013Oct 2012Oct 2011Oct 2010Oct 2009
Turnover5,153,9455,661,0004,288,5213,753,6384,385,3062,959,8682,910,8023,381,6284,367,7112,261,3532,006,7252,214,3851,889,1432,000,550
Other Income Or Grants
Cost Of Sales200,533316,669563,941442,231637,735349,530378,199453,949937,987582,522562,749743,599511,911504,104
Gross Profit4,953,4135,344,3313,724,5803,311,4073,747,5712,610,3382,532,6022,927,6793,429,7241,678,8311,443,9761,470,7861,377,2321,496,445
Admin Expenses5,262,6395,357,2093,352,6133,350,1513,631,2592,522,9762,505,2292,823,7313,178,6861,739,0801,177,1381,682,3401,493,8531,398,294-636,029
Operating Profit-309,226-12,878371,967-38,744116,31287,36227,373103,948251,038-60,249266,838-211,554-116,62198,151636,029
Interest Payable4,1017,3046,5943,418
Interest Receivable73,73034,7221,5831,43610,24610,6563,3112,8185,4016,1625,5914,8785,8475,9262,758
Pre-Tax Profit-239,59714,540366,956-40,726126,55898,01730,684106,766256,439-54,087272,429-206,676-110,774104,076638,788
Tax-2,763-69,722-24,046-18,623-5,830-21,353-51,288-62,659-29,141-178,860
Profit After Tax-239,59711,777297,234-40,726102,51279,39424,85485,413205,151-54,087209,770-206,676-110,77474,935459,927
Dividends Paid
Retained Profit-239,59711,777297,234-40,726102,51279,39424,85485,413205,151-54,087209,770-206,676-110,77474,935459,927
Employee Costs1,314,6111,284,5041,325,9191,404,7651,303,3241,319,0611,308,0801,370,5792,056,9741,025,866972,3401,073,250866,855988,046
Number Of Employees2726272928303032482524272225
EBITDA*-285,2509,712399,605-9,796144,354121,71256,096131,628275,575-40,860295,735-177,056-63,358161,796700,922

* Earnings Before Interest, Tax, Depreciation and Amortisation

Oct 2023Oct 2022Oct 2021Oct 2020Oct 2019Oct 2018Oct 2017Oct 2016Oct 2015Oct 2014Oct 2013Oct 2012Oct 2011Oct 2010Oct 2009
Tangible Assets18,81029,60713,02934,27446,20254,34425,10435,96243,40238,44912,01436,56645,79666,15759,449
Intangible Assets6,000
Investments & Other2,81229,81229,81229,81229,81229,8122,8122,8122,8122,8122,8122,8122,8122,8122,812
Debtors (Due After 1 year)
Total Fixed Assets21,62259,41942,84164,08676,01484,15627,91638,77446,21441,26114,82639,37848,60868,96968,261
Stock & work in progress
Trade Debtors1,960,4892,259,6631,483,649965,1111,233,378687,488672,154932,4811,003,384564,940528,883601,125477,869532,068688,710
Group Debtors
Misc Debtors113,108188,016161,683181,35546,26039,40532,30141,717
Cash1,353,9111,454,8571,631,5011,534,7041,337,1631,395,1741,446,3431,202,2831,052,3061,108,1581,356,818879,4531,071,6881,267,0371,103,228
misc current assets
total current assets3,427,5083,902,5363,276,8332,681,1702,616,8012,122,0672,150,7982,176,4812,055,6901,673,0981,885,7011,480,5781,549,5571,799,1051,791,938
total assets3,449,1303,961,9553,319,6742,745,2562,692,8152,206,2232,178,7142,215,2552,101,9041,714,3591,900,5271,519,9561,598,1651,868,0741,860,199
Bank overdraft
Bank loan47,90245,81512,053
Trade Creditors 2,320,5222,517,4271,881,8551,514,2391,595,1131,211,4961,223,2831,282,2211,512,0571,331,2641,463,3451,292,5441,164,0771,323,2121,390,272
Group/Directors Accounts100100100100100100100100
other short term finances
hp & lease commitments
other current liabilities215,400218,816192,643275,170213,182212,719253,817256,274
total current liabilities2,536,0222,784,2452,120,4131,801,5621,808,3951,424,3151,477,2001,538,5951,512,0571,331,2641,463,3451,292,5441,164,0771,323,2121,390,272
loans25,00558,333100,000
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
total long term liabilities25,00558,333100,000
total liabilities2,536,0222,809,2502,178,7461,901,5621,808,3951,424,3151,477,2001,538,5951,512,0571,331,2641,463,3451,292,5441,164,0771,323,2121,390,272
net assets913,1081,152,7051,140,928843,694884,420781,908701,514676,660589,847383,095437,182227,412434,088544,862469,927
total shareholders funds913,1081,152,7051,140,928843,694884,420781,908701,514676,660589,847383,095437,182227,412434,088544,862469,927
Oct 2023Oct 2022Oct 2021Oct 2020Oct 2019Oct 2018Oct 2017Oct 2016Oct 2015Oct 2014Oct 2013Oct 2012Oct 2011Oct 2010Oct 2009
Operating Activities
Operating Profit-309,226-12,878371,967-38,744116,31287,36227,373103,948251,038-60,249266,838-211,554-116,62198,151636,029
Depreciation23,97622,59027,63828,94828,04234,35028,72327,68024,53719,38928,89734,49853,26357,64556,893
Amortisation6,0008,000
Tax-2,763-69,722-24,046-18,623-5,830-21,353-51,288-62,659-29,141-178,860
Stock
Debtors-374,082802,347498,866-133,172552,74522,438-269,743-29,186438,44436,057-72,242123,256-54,199-156,642688,710
Creditors-196,905635,572367,616-80,874383,617-11,787-58,938-229,836180,793-132,081170,801128,467-159,135-67,0601,390,272
Accruals and Deferred Income-3,41626,173-82,52761,988463-41,098-2,457256,274
Deferred Taxes & Provisions
Cash flow from operations-111,489-133,653116,106104,490-48,35727,766258,614165,899-33,364-208,998476,119-171,845-168,294222,2371,223,624
Investing Activities
capital expenditure-13,179-39,168-6,393-17,020-19,900-63,590-17,865-20,240-29,490-45,824-4,345-25,268-32,902-64,353-130,342
Change in Investments-27,00027,0002,812
cash flow from investments13,821-39,168-6,393-17,020-19,900-90,590-17,865-20,240-29,490-45,824-4,345-25,268-32,902-64,353-133,154
Financing Activities
Bank loans-47,9022,08733,76212,053
Group/Directors Accounts100
Other Short Term Loans
Long term loans-25,005-33,328-41,667100,000
Hire Purchase and Lease Commitments
other long term liabilities
share issue1,0001,4001,60110,000
interest69,62927,418-5,011-1,98210,24610,6563,3112,8185,4016,1625,5914,8785,8475,9262,758
cash flow from financing-3,278-3,823-12,916110,07110,24611,6563,3114,3187,0026,1625,5914,8785,8475,92612,758
cash and cash equivalents
cash-100,946-176,64496,797197,541-58,011-51,169244,060149,977-55,852-248,660477,365-192,235-195,349163,8091,103,228
overdraft
change in cash-100,946-176,64496,797197,541-58,011-51,169244,060149,977-55,852-248,660477,365-192,235-195,349163,8091,103,228

peter hoare & company (insurance brokers) 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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Peter Hoare & Company (insurance Brokers) Limited Competitor Analysis

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Perform a competitor analysis for peter hoare & company (insurance brokers) limited by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other mid companies, companies in S10 area or any other competitors across 12 key performance metrics.

peter hoare & company (insurance brokers) limited Ownership

PETER HOARE & COMPANY (INSURANCE BROKERS) LIMITED group structure

Peter Hoare & Company (Insurance Brokers) Limited has 1 subsidiary company.

Ultimate parent company

1 parent

PETER HOARE & COMPANY (INSURANCE BROKERS) LIMITED

01051139

1 subsidiary

PETER HOARE & COMPANY (INSURANCE BROKERS) LIMITED Shareholders

clear group (holdings) ltd 100%

peter hoare & company (insurance brokers) limited directors

Peter Hoare & Company (Insurance Brokers) Limited currently has 4 directors. The longest serving directors include Ms Heather Clewes (Feb 2014) and Mr Michael Edgeley (May 2024).

officercountryagestartendrole
Ms Heather Clewes56 years Feb 2014- Director
Mr Michael EdgeleyEngland58 years May 2024- Director
Mr Timothy MoneyEngland58 years Nov 2024- Director
Mr Philip WilliamsEngland41 years Nov 2024- Director

P&L

October 2023

turnover

5.2m

-9%

operating profit

-309.2k

0%

gross margin

96.2%

+1.8%

turnover

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

Balance Sheet

October 2023

net assets

913.1k

-0.21%

total assets

3.4m

-0.13%

cash

1.4m

-0.07%

net assets

Total assets minus all liabilities

peter hoare & company (insurance brokers) limited company details

company number

01051139

Type

Private limited with Share Capital

industry

66220 - Activities of insurance agents and brokers

incorporation date

April 1972

age

53

incorporated

UK

ultimate parent company

accounts

Total Exemption Full

last accounts submitted

October 2023

previous names

N/A

accountant

-

auditor

-

address

ranmoor house, 237 graham road, sheffield, south yorkshire, S10 3GS

Bank

-

Legal Advisor

-

peter hoare & company (insurance brokers) 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 5 charges/mortgages relating to peter hoare & company (insurance brokers) limited. Currently there are 0 open charges and 5 have been satisfied in the past.

peter hoare & company (insurance brokers) 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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peter hoare & company (insurance brokers) limited Companies House Filings - See Documents

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