harris commercial repairs limited Company Information
Company Number
01154158
Next Accounts
Dec 2025
Shareholders
harris holdings (grays) ltd
Group Structure
View All
Industry
Retail trade of motor vehicle parts and accessories
+1Registered Address
601 london road, west thurrock, essex, RM20 4AU
Website
www.harrisdaf.comharris commercial repairs limited Estimated Valuation
Pomanda estimates the enterprise value of HARRIS COMMERCIAL REPAIRS LIMITED at £38.6m based on a Turnover of £65.4m and 0.59x industry multiple (adjusted for size and gross margin).
harris commercial repairs limited Estimated Valuation
Pomanda estimates the enterprise value of HARRIS COMMERCIAL REPAIRS LIMITED at £19.7m based on an EBITDA of £2.8m and a 7.01x industry multiple (adjusted for size and gross margin).
harris commercial repairs limited Estimated Valuation
Pomanda estimates the enterprise value of HARRIS COMMERCIAL REPAIRS LIMITED at £23.6m based on Net Assets of £8.9m and 2.64x industry multiple (adjusted for liquidity).
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Harris Commercial Repairs Limited Overview
Harris Commercial Repairs Limited is a live company located in essex, RM20 4AU with a Companies House number of 01154158. It operates in the sale of other motor vehicles sector, SIC Code 45190. Founded in January 1974, it's largest shareholder is harris holdings (grays) ltd with a 100% stake. Harris Commercial Repairs Limited is a mature, large sized company, Pomanda has estimated its turnover at £65.4m with high growth in recent years.
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Harris Commercial Repairs Limited Health Check
Pomanda's financial health check has awarded Harris Commercial Repairs Limited a 4.5 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


5 Strong

3 Regular

4 Weak

Size
annual sales of £65.4m, make it larger than the average company (£14.7m)
£65.4m - Harris Commercial Repairs Limited
£14.7m - Industry AVG

Growth
3 year (CAGR) sales growth of 18%, show it is growing at a faster rate (12%)
18% - Harris Commercial Repairs Limited
12% - Industry AVG

Production
with a gross margin of 18%, this company has a comparable cost of product (20.7%)
18% - Harris Commercial Repairs Limited
20.7% - Industry AVG

Profitability
an operating margin of 3.6% make it as profitable than the average company (4%)
3.6% - Harris Commercial Repairs Limited
4% - Industry AVG

Employees
with 150 employees, this is above the industry average (47)
150 - Harris Commercial Repairs Limited
47 - Industry AVG

Pay Structure
on an average salary of £48.4k, the company has a higher pay structure (£37.7k)
£48.4k - Harris Commercial Repairs Limited
£37.7k - Industry AVG

Efficiency
resulting in sales per employee of £435.8k, this is more efficient (£357.6k)
£435.8k - Harris Commercial Repairs Limited
£357.6k - Industry AVG

Debtor Days
it gets paid by customers after 36 days, this is later than average (27 days)
36 days - Harris Commercial Repairs Limited
27 days - Industry AVG

Creditor Days
its suppliers are paid after 144 days, this is slower than average (47 days)
144 days - Harris Commercial Repairs Limited
47 days - Industry AVG

Stock Days
it holds stock equivalent to 146 days, this is more than average (75 days)
146 days - Harris Commercial Repairs Limited
75 days - Industry AVG

Cash Balance
has cash to cover current liabilities for 3 weeks, this is less cash available to meet short term requirements (10 weeks)
3 weeks - Harris Commercial Repairs Limited
10 weeks - Industry AVG

Debt Level
it has a ratio of liabilities to total assets of 72.1%, this is a similar level of debt than the average (68.6%)
72.1% - Harris Commercial Repairs Limited
68.6% - Industry AVG
HARRIS COMMERCIAL REPAIRS LIMITED financials

Harris Commercial Repairs Limited's latest turnover from March 2024 is £65.4 million and the company has net assets of £8.9 million. According to their latest financial statements, Harris Commercial Repairs Limited has 150 employees and maintains cash reserves of £1.6 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Turnover | 65,364,789 | 59,298,983 | 46,686,006 | 39,290,969 | 39,629,061 | 31,494,634 | 16,858,969 | 16,344,436 | 16,569,019 | 16,897,437 | 15,267,062 | 14,753,379 | 15,358,929 | 13,659,287 | 12,287,906 |
Other Income Or Grants | |||||||||||||||
Cost Of Sales | 53,570,051 | 49,196,163 | 38,282,971 | 32,300,153 | 32,553,016 | 24,886,756 | 10,567,059 | 10,385,996 | 10,449,740 | 10,859,571 | 9,820,155 | 9,741,341 | 10,465,787 | 8,836,249 | 7,622,423 |
Gross Profit | 11,794,738 | 10,102,820 | 8,403,035 | 6,990,816 | 7,076,045 | 6,607,878 | 6,291,910 | 5,958,440 | 6,119,279 | 6,037,866 | 5,446,907 | 5,012,038 | 4,893,142 | 4,823,038 | 4,665,483 |
Admin Expenses | 9,430,644 | 8,069,818 | 6,822,930 | 5,554,946 | 6,219,002 | 5,706,498 | 5,754,251 | 5,436,788 | 5,218,042 | 5,220,235 | 4,697,461 | 4,191,994 | 4,172,531 | 4,087,292 | 4,192,662 |
Operating Profit | 2,364,094 | 2,033,002 | 1,580,105 | 1,435,870 | 857,043 | 901,380 | 537,659 | 521,652 | 901,237 | 817,631 | 749,446 | 820,044 | 720,611 | 735,746 | 472,821 |
Interest Payable | 740,991 | 260,595 | 87,171 | 106,186 | 143,979 | 553 | 1 | 442 | 63 | 842 | 526 | 1,472 | 277 | 881 | 79 |
Interest Receivable | 83,657 | 2,398 | 420 | 5,090 | 6,663 | 5,851 | 5,463 | 4,911 | 3,104 | ||||||
Pre-Tax Profit | 1,706,760 | 1,774,805 | 1,492,934 | 1,329,684 | 713,064 | 900,827 | 537,658 | 521,210 | 901,594 | 821,879 | 755,583 | 824,423 | 725,797 | 739,776 | 475,846 |
Tax | -460,169 | -349,454 | -298,236 | -260,228 | -151,701 | -177,041 | -107,315 | -110,144 | -183,390 | -176,965 | -181,502 | -203,486 | -196,611 | -215,061 | -66,100 |
Profit After Tax | 1,246,591 | 1,425,351 | 1,194,698 | 1,069,456 | 561,363 | 723,786 | 430,343 | 411,066 | 718,204 | 644,914 | 574,081 | 620,937 | 529,186 | 524,715 | 409,746 |
Dividends Paid | 350,000 | 550,000 | 750,000 | 500,000 | 500,000 | 300,000 | 250,000 | 350,000 | 250,000 | 250,000 | 250,000 | 250,000 | 500,000 | ||
Retained Profit | 896,591 | 875,351 | 444,698 | 569,456 | 61,363 | 423,786 | 180,343 | 61,066 | 468,204 | 394,914 | 574,081 | 370,937 | 279,186 | 24,715 | 409,746 |
Employee Costs | 7,256,140 | 6,623,889 | 5,517,185 | 4,788,069 | 4,999,733 | 4,646,002 | 4,609,345 | 4,390,488 | 4,213,579 | 4,203,855 | 3,832,643 | 3,538,639 | 3,374,572 | 3,240,573 | 3,352,845 |
Number Of Employees | 150 | 138 | 128 | 124 | 125 | 120 | 123 | 115 | 116 | 114 | 108 | 99 | 97 | 96 | 100 |
EBITDA* | 2,811,088 | 2,519,820 | 1,868,292 | 1,708,538 | 1,194,093 | 1,145,568 | 733,278 | 706,517 | 1,095,486 | 1,053,908 | 965,083 | 1,025,321 | 926,876 | 867,383 | 621,918 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Tangible Assets | 1,129,501 | 1,186,122 | 641,970 | 646,383 | 655,429 | 557,006 | 469,467 | 403,458 | 407,943 | 504,351 | 540,834 | 525,514 | 408,686 | 243,291 | 221,933 |
Intangible Assets | |||||||||||||||
Investments & Other | |||||||||||||||
Debtors (Due After 1 year) | |||||||||||||||
Total Fixed Assets | 1,129,501 | 1,186,122 | 641,970 | 646,383 | 655,429 | 557,006 | 469,467 | 403,458 | 407,943 | 504,351 | 540,834 | 525,514 | 408,686 | 243,291 | 221,933 |
Stock & work in progress | 21,430,696 | 22,229,911 | 10,385,146 | 9,137,415 | 8,957,677 | 8,134,733 | 1,550,155 | 1,511,234 | 2,018,822 | 1,445,143 | 1,404,142 | 1,308,640 | 1,567,551 | 1,465,998 | 1,463,576 |
Trade Debtors | 6,531,609 | 6,755,186 | 4,460,144 | 5,364,648 | 3,905,097 | 5,038,768 | 2,614,806 | 2,758,081 | 2,662,229 | 3,131,857 | 2,914,321 | 2,627,826 | 2,426,681 | 2,248,078 | 2,341,614 |
Group Debtors | 82,662 | 273 | 1,087 | 10 | 6 | 6,750 | 62,166 | 59,500 | 79,566 | ||||||
Misc Debtors | 1,301,448 | 1,775,955 | 777,464 | 488,962 | 280,618 | 589,628 | 366,017 | 358,956 | 185,707 | 241,481 | 175,535 | 182,545 | 224,211 | 123,780 | 243,580 |
Cash | 1,556,138 | 4,290,174 | 4,993,287 | 5,833,275 | 3,575,139 | 6,793,161 | 3,580,872 | 3,066,192 | 2,806,942 | 2,668,028 | 2,269,033 | 2,198,418 | 2,171,213 | 1,432,749 | 1,192,667 |
misc current assets | |||||||||||||||
total current assets | 30,902,553 | 35,051,499 | 20,617,128 | 20,824,310 | 16,718,537 | 20,563,040 | 8,111,850 | 7,694,463 | 7,673,700 | 7,486,509 | 6,763,031 | 6,379,595 | 6,449,156 | 5,350,171 | 5,241,437 |
total assets | 32,032,054 | 36,237,621 | 21,259,098 | 21,470,693 | 17,373,966 | 21,120,046 | 8,581,317 | 8,097,921 | 8,081,643 | 7,990,860 | 7,303,865 | 6,905,109 | 6,857,842 | 5,593,462 | 5,463,370 |
Bank overdraft | |||||||||||||||
Bank loan | |||||||||||||||
Trade Creditors | 21,172,070 | 26,495,972 | 12,504,067 | 13,098,417 | 10,165,129 | 13,844,255 | 1,796,433 | 1,735,674 | 1,666,694 | 1,715,515 | 1,719,365 | 1,585,752 | 2,170,364 | 1,327,294 | 1,265,780 |
Group/Directors Accounts | 16,926 | 7,501 | 7,501 | 62,230 | 65,013 | 61,728 | 4,975 | 106,070 | 39,161 | ||||||
other short term finances | |||||||||||||||
hp & lease commitments | 109,999 | 197,100 | 110,400 | ||||||||||||
other current liabilities | 1,598,028 | 1,496,452 | 1,304,025 | 1,503,515 | 998,186 | 1,123,720 | 1,059,884 | 879,318 | 988,111 | 1,215,616 | 1,025,755 | 1,334,693 | 1,073,751 | 931,627 | 848,603 |
total current liabilities | 22,897,023 | 27,999,925 | 14,005,192 | 14,719,833 | 11,225,545 | 15,032,988 | 2,918,045 | 2,614,992 | 2,659,780 | 3,037,201 | 2,745,120 | 2,920,445 | 3,244,115 | 2,258,921 | 2,153,544 |
loans | |||||||||||||||
hp & lease commitments | |||||||||||||||
Accruals and Deferred Income | |||||||||||||||
other liabilities | |||||||||||||||
provisions | 200,514 | 199,770 | 91,331 | 32,983 | |||||||||||
total long term liabilities | 200,514 | 199,770 | 91,331 | 32,983 | |||||||||||
total liabilities | 23,097,537 | 28,199,695 | 14,096,523 | 14,752,816 | 11,225,545 | 15,032,988 | 2,918,045 | 2,614,992 | 2,659,780 | 3,037,201 | 2,745,120 | 2,920,445 | 3,244,115 | 2,258,921 | 2,153,544 |
net assets | 8,934,517 | 8,037,926 | 7,162,575 | 6,717,877 | 6,148,421 | 6,087,058 | 5,663,272 | 5,482,929 | 5,421,863 | 4,953,659 | 4,558,745 | 3,984,664 | 3,613,727 | 3,334,541 | 3,309,826 |
total shareholders funds | 8,934,517 | 8,037,926 | 7,162,575 | 6,717,877 | 6,148,421 | 6,087,058 | 5,663,272 | 5,482,929 | 5,421,863 | 4,953,659 | 4,558,745 | 3,984,664 | 3,613,727 | 3,334,541 | 3,309,826 |
Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Operating Activities | |||||||||||||||
Operating Profit | 2,364,094 | 2,033,002 | 1,580,105 | 1,435,870 | 857,043 | 901,380 | 537,659 | 521,652 | 901,237 | 817,631 | 749,446 | 820,044 | 720,611 | 735,746 | 472,821 |
Depreciation | 446,994 | 486,818 | 288,187 | 272,668 | 337,050 | 244,188 | 195,619 | 184,865 | 194,249 | 236,277 | 215,637 | 205,277 | 206,265 | 131,637 | 149,097 |
Amortisation | |||||||||||||||
Tax | -460,169 | -349,454 | -298,236 | -260,228 | -151,701 | -177,041 | -107,315 | -110,144 | -183,390 | -176,965 | -181,502 | -203,486 | -196,611 | -215,061 | -66,100 |
Stock | -799,215 | 11,844,765 | 1,247,731 | 179,738 | 822,944 | 6,584,578 | 38,921 | -507,588 | 573,679 | 41,001 | 95,502 | -258,911 | 101,553 | 2,422 | 1,463,576 |
Debtors | -615,695 | 3,292,719 | -614,925 | 1,667,899 | -1,449,425 | 2,654,323 | -136,214 | 269,101 | -525,402 | 283,482 | 217,319 | 162,145 | 258,968 | -133,770 | 2,585,194 |
Creditors | -5,323,902 | 13,991,905 | -594,350 | 2,933,288 | -3,679,126 | 12,047,822 | 60,759 | 68,980 | -48,821 | -3,850 | 133,613 | -584,612 | 843,070 | 61,514 | 1,265,780 |
Accruals and Deferred Income | 101,576 | 192,427 | -199,490 | 505,329 | -125,534 | 63,836 | 180,566 | -108,793 | -227,505 | 189,861 | -308,938 | 260,942 | 142,124 | 83,024 | 848,603 |
Deferred Taxes & Provisions | 744 | 108,439 | 58,348 | 32,983 | |||||||||||
Cash flow from operations | -1,455,753 | 1,325,653 | 201,758 | 3,072,273 | -2,135,787 | 3,841,284 | 964,581 | 795,047 | 587,493 | 738,471 | 295,435 | 594,931 | 1,354,938 | 928,208 | -1,378,569 |
Investing Activities | |||||||||||||||
capital expenditure | |||||||||||||||
Change in Investments | |||||||||||||||
cash flow from investments | |||||||||||||||
Financing Activities | |||||||||||||||
Bank loans | |||||||||||||||
Group/Directors Accounts | 9,425 | 7,501 | -7,501 | -54,729 | -2,783 | 3,285 | 61,728 | -4,975 | -101,095 | 106,070 | -39,161 | 39,161 | |||
Other Short Term Loans | |||||||||||||||
Long term loans | |||||||||||||||
Hire Purchase and Lease Commitments | 109,999 | -197,100 | 86,700 | 110,400 | |||||||||||
other long term liabilities | |||||||||||||||
share issue | |||||||||||||||
interest | -657,334 | -258,197 | -87,171 | -106,186 | -143,979 | -553 | -1 | -442 | 357 | 4,248 | 6,137 | 4,379 | 5,186 | 4,030 | 3,025 |
cash flow from financing | -537,910 | -447,796 | -7,972 | -50,515 | -146,762 | 2,732 | 61,727 | -5,417 | -100,738 | 110,318 | 6,137 | 4,379 | 5,186 | -35,131 | 2,942,266 |
cash and cash equivalents | |||||||||||||||
cash | -2,734,036 | -703,113 | -839,988 | 2,258,136 | -3,218,022 | 3,212,289 | 514,680 | 259,250 | 138,914 | 398,995 | 70,615 | 27,205 | 738,464 | 240,082 | 1,192,667 |
overdraft | |||||||||||||||
change in cash | -2,734,036 | -703,113 | -839,988 | 2,258,136 | -3,218,022 | 3,212,289 | 514,680 | 259,250 | 138,914 | 398,995 | 70,615 | 27,205 | 738,464 | 240,082 | 1,192,667 |
harris commercial repairs limited Credit Report and Business Information
Harris Commercial Repairs Limited Competitor Analysis

Perform a competitor analysis for harris commercial repairs limited by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other large companies, companies in RM20 area or any other competitors across 12 key performance metrics.
harris commercial repairs limited Ownership
HARRIS COMMERCIAL REPAIRS LIMITED group structure
Harris Commercial Repairs Limited has no subsidiary companies.
Ultimate parent company
1 parent
HARRIS COMMERCIAL REPAIRS LIMITED
01154158
harris commercial repairs limited directors
Harris Commercial Repairs Limited currently has 5 directors. The longest serving directors include Mr Frank Harris (May 1997) and Mrs Danielle Van Der Wiel (May 1997).
officer | country | age | start | end | role |
---|---|---|---|---|---|
Mr Frank Harris | 60 years | May 1997 | - | Director | |
Mrs Danielle Van Der Wiel | 62 years | May 1997 | - | Director | |
Mrs Francesca Harlow | 38 years | Dec 2014 | - | Director | |
Mr James Selway | 35 years | Dec 2014 | - | Director | |
Mr Peter Harlow | 40 years | Oct 2016 | - | Director |
P&L
March 2024turnover
65.4m
+10%
operating profit
2.4m
+16%
gross margin
18.1%
+5.91%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2024net assets
8.9m
+0.11%
total assets
32m
-0.12%
cash
1.6m
-0.64%
net assets
Total assets minus all liabilities
harris commercial repairs limited company details
company number
01154158
Type
Private limited with Share Capital
industry
45320 - Retail trade of motor vehicle parts and accessories
45190 - Sale of other motor vehicles
incorporation date
January 1974
age
51
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
March 2024
previous names
N/A
accountant
-
auditor
ROWLAND HALL
address
601 london road, west thurrock, essex, RM20 4AU
Bank
BARCLAYS BANK PLC
Legal Advisor
-
harris commercial repairs 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 2 charges/mortgages relating to harris commercial repairs limited. Currently there are 0 open charges and 2 have been satisfied in the past.
harris commercial repairs 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 HARRIS COMMERCIAL REPAIRS LIMITED. This can take several minutes, an email will notify you when this has completed.
harris commercial repairs limited Companies House Filings - See Documents
date | description | view/download |
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