Hill Brothers (chichester) Limited

POWER SEARCH PRICING

SOLUTIONS

hill brothers (chichester) limited Company Information

Live

MatureMidDeclining

Company Number

01180441

Website

www.hillsplants.com

Registered Address

hill brothers (chichester) limit, lagness road, chichester, west sussex, PO20 1NL

Industry

Growing of vegetables and melons, roots and tubers

Telephone

01243756242

Next Accounts Due

September 2024

Group Structure

View All

Directors

Kevin Hill32 Years

Peter Hill32 Years

View All

Shareholders

kevin john hill 45.8%

peter geoffrey hill & beatrice hill 40.7%

View All

hill brothers (chichester) limited Estimated Valuation

£3.3m

Pomanda estimates the enterprise value of HILL BROTHERS (CHICHESTER) LIMITED at £3.3m based on Net Assets of £2.6m and 1.29x industry multiple (adjusted for liquidity).

Edit your figures and get a professional valuation report.

Hill Brothers (chichester) Limited is a live company located in chichester, PO20 1NL with a Companies House number of 01180441. It operates in the growing of vegetables and melons, roots and tubers sector, SIC Code 01130. Founded in August 1974, it's largest shareholder is kevin john hill with a 45.8% stake. Hill Brothers (chichester) Limited is a mature, mid sized company, Pomanda has estimated its turnover at £10.8m with declining growth in recent years.

View Sample

Upgrade for unlimited company reports & a free credit check

Pomanda's financial health check has awarded Hill Brothers (Chichester) Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 7 areas for improvement. Company Health Check FAQs

Health Rating3.5out of 5

4 Strong

1 Regular

7 Weak

Size

annual sales of £10.8m, make it larger than the average company (£7.3m)

Growth

3 year (CAGR) sales growth of -5%, show it is growing at a slower rate (3.8%)

EXPORT

Hill Brothers (Chichester) Limited's latest turnover from December 2022 is £10.8 million and the company has net assets of £2.6 million. According to their latest financial statements, Hill Brothers (Chichester) Limited has 49 employees and maintains cash reserves of £28.2 thousand as reported in the balance sheet.

Data source: Companies House, Pomanda Estimates

	Dec 2022	Dec 2021	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	10,819,249	13,151,225	11,238,014	12,540,764	13,766,520	14,359,259	13,196,615	11,477,772	9,720,208	8,693,605	7,764,125	8,662,989	8,382,753	8,319,942
Other Income Or Grants	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Cost Of Sales	9,619,197	11,486,676	10,361,810	11,481,547	12,691,873	13,052,930	11,683,782	9,921,805	8,314,051	7,306,993	6,291,207	6,759,241	6,726,610	0
Gross Profit	1,200,052	1,664,549	876,204	1,059,217	1,074,647	1,306,329	1,512,833	1,555,967	1,406,157	1,386,612	1,472,918	1,903,748	1,656,143	0
Admin Expenses	1,303,334	1,416,473	977,680	958,508	953,119	954,509	975,723	813,377	998,740	1,175,413	1,068,319	1,682,956	1,373,622	-146,681
Operating Profit	-103,282	248,076	-101,476	100,709	121,528	351,820	537,110	742,590	407,417	211,199	404,599	220,792	282,521	146,681
Interest Payable	30,982	10,961	15,859	23,624	28,411	28,981	34,698	40,972	32,290	14,558	13,336	21,487	29,688	32,852
Interest Receivable	0	0	0	0	0	0	0	0	0	69,463	0	0	0	0
Pre-Tax Profit	-134,264	238,906	-117,335	77,085	93,117	322,839	502,412	701,618	375,127	267,198	891,213	199,305	252,833	113,829
Tax	-43,835	-49,407	42,967	-51,695	68,987	48,261	-97,524	-151,545	-82,152	-57,773	-85,905	-38,452	-54,544	-25,682
Profit After Tax	-178,099	189,499	-74,368	25,390	162,104	371,100	404,888	550,073	292,975	209,425	805,308	160,853	198,289	88,147
Dividends Paid	0	0	25,000	81,052	131,000	137,874	170,244	121,766	104,996	144,996	101,838	55,000	5,000	0
Retained Profit	-178,099	189,499	-99,368	-55,662	31,104	233,226	234,644	428,307	187,979	64,429	703,470	105,853	193,289	88,147
Employee Costs	2,448,891	2,606,169	2,359,758	2,147,004	2,085,030	2,084,641	1,927,423	1,781,453	965,042	790,114	777,008	737,299	742,671	1,008,004
Number Of Employees	49	45	40	37	36	40	40	36	32	30	30	29	29	29
EBITDA*	73,465	446,734	104,836	311,133	340,914	575,296	767,063	977,679	606,579	340,524	498,493	321,938	395,407	258,143

* Earnings Before Interest, Tax, Depreciation and Amortisation

	Dec 2022	Dec 2021	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	2,489,950	1,721,258	1,723,338	1,875,785	1,927,107	2,082,828	2,146,160	2,254,043	2,199,673	1,668,908	848,508	896,104	977,915	918,935
Intangible Assets	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Investments & Other	0	0	70	70	70	70	70	70	70	70	70	120	120	120
Debtors (Due After 1 year)	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Total Fixed Assets	2,489,950	1,721,258	1,723,408	1,875,855	1,927,177	2,082,898	2,146,230	2,254,113	2,199,743	1,668,978	848,578	896,224	978,035	919,055
Stock & work in progress	1,564,327	1,306,345	718,845	749,934	993,066	1,142,021	876,221	765,779	795,906	662,173	644,421	556,282	655,443	613,325
Trade Debtors	1,341,790	2,508,596	3,017,210	3,453,567	4,148,064	4,623,870	4,653,850	3,339,554	2,418,538	2,419,403	2,298,357	2,137,593	1,688,950	1,959,903
Group Debtors	0	0	0	0	0	0	0	0	0	0	0	98,099	0	0
Misc Debtors	150,261	121,344	137,439	120,463	115,821	56,348	9,789	42,666	7,306	103,266	31,871	10,674	15,482	24,889
Cash	28,207	39,991	31,920	33,406	12,529	41,835	4,895	1,046	7,091	7,636	4,557	133	416	30,925
misc current assets	0	0	0	0	0	0	0	0	0	0	0	0	0	0
total current assets	3,084,585	3,976,276	3,905,414	4,357,370	5,269,480	5,864,074	5,544,755	4,149,045	3,228,841	3,192,478	2,979,206	2,802,781	2,360,291	2,629,042
total assets	5,574,535	5,697,534	5,628,822	6,233,225	7,196,657	7,946,972	7,690,985	6,403,158	5,428,584	4,861,456	3,827,784	3,699,005	3,338,326	3,548,097
Bank overdraft	0	0	0	0	0	0	531,242	380,693	253,491	463,730	57,378	423,997	411,227	206,319
Bank loan	0	0	0	0	0	0	0	0	279,259	169,580	104,481	0	0	103,189
Trade Creditors	1,042,147	1,285,992	1,281,429	1,725,892	2,362,134	2,860,257	2,843,418	1,829,106	1,460,818	1,743,155	1,324,729	1,549,322	553,361	760,114
Group/Directors Accounts	0	0	39,862	92,673	115,844	99,836	80,028	70,932	86,116	110,809	102,445	87,732	719,652	933,177
other short term finances	358,788	373,482	378,028	486,070	522,508	559,162	0	0	0	0	0	0	0	0
hp & lease commitments	10,158	11,481	8,824	23,907	38,866	34,651	18,000	19,538	24,150	6,150	1,538	28,866	37,681	32,172
other current liabilities	535,378	838,695	851,297	643,232	717,153	794,023	709,434	605,339	338,027	289,205	390,520	357,935	332,753	253,853
total current liabilities	1,946,471	2,509,650	2,559,440	2,971,774	3,756,505	4,347,929	4,182,122	2,905,608	2,441,861	2,782,629	1,981,091	2,447,852	2,054,674	2,288,824
loans	677,211	111,654	196,712	276,681	416,453	554,337	715,295	912,056	849,795	268,380	166,136	272,676	373,386	532,865
hp & lease commitments	1,575	10,962	968	4,367	26,319	35,879	26,500	44,500	64,038	7,688	0	2,196	33,113	57,443
Accruals and Deferred Income	0	0	0	0	0	0	0	0	0	0	0	0	0	0
other liabilities	0	0	0	0	0	0	0	0	0	0	0	0	0	0
provisions	349,627	273,985	256,385	265,718	227,033	259,087	250,554	259,124	219,327	137,175	79,402	78,596	85,321	70,422
total long term liabilities	1,028,413	396,601	454,065	546,766	669,805	849,303	992,349	1,215,680	1,133,160	413,243	245,538	353,468	491,820	660,730
total liabilities	2,974,884	2,906,251	3,013,505	3,518,540	4,426,310	5,197,232	5,174,471	4,121,288	3,575,021	3,195,872	2,226,629	2,801,320	2,546,494	2,949,554
net assets	2,599,651	2,791,283	2,615,317	2,714,685	2,770,347	2,749,740	2,516,514	2,281,870	1,853,563	1,665,584	1,601,155	897,685	791,832	598,543
total shareholders funds	2,599,651	2,791,283	2,615,317	2,714,685	2,770,347	2,749,740	2,516,514	2,281,870	1,853,563	1,665,584	1,601,155	897,685	791,832	598,543

	Dec 2022	Dec 2021	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	-103,282	248,076	-101,476	100,709	121,528	351,820	537,110	742,590	407,417	211,199	404,599	220,792	282,521	146,681
Depreciation	176,747	198,658	206,312	210,424	219,386	223,476	229,953	235,089	199,162	129,325	93,894	101,146	112,886	111,462
Amortisation	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Tax	-43,835	-49,407	42,967	-51,695	68,987	48,261	-97,524	-151,545	-82,152	-57,773	-85,905	-38,452	-54,544	-25,682
Stock	257,982	587,500	-31,089	-243,132	-148,955	265,800	110,442	-30,127	133,733	17,752	88,139	-99,161	42,118	613,325
Debtors	-1,137,889	-524,709	-419,381	-689,855	-416,333	16,579	1,281,419	956,376	-96,825	192,441	83,862	541,934	-280,360	1,984,792
Creditors	-243,845	4,563	-444,463	-636,242	-498,123	16,839	1,014,312	368,288	-282,337	418,426	-224,593	995,961	-206,753	760,114
Accruals and Deferred Income	-303,317	-12,602	208,065	-73,921	-76,870	84,589	104,095	267,312	48,822	-101,315	32,585	25,182	78,900	253,853
Deferred Taxes & Provisions	75,642	17,600	-9,333	38,685	-32,054	8,533	-8,570	39,797	82,152	57,773	806	-6,725	14,899	70,422
Cash flow from operations	438,017	344,097	352,542	520,947	368,142	451,139	387,515	575,282	336,156	447,442	49,385	855,131	466,151	-1,281,267
Investing Activities
capital expenditure	0	0	0	0	-63,665	-105,875	-122,070	-289,459	-639,927	-930,181	453,702	-19,335	-145,649	-33,193
Change in Investments	0	-70	0	0	0	0	0	0	0	0	-50	0	0	120
cash flow from investments	0	70	0	0	-63,665	-105,875	-122,070	-289,459	-639,927	-930,181	453,752	-19,335	-145,649	-33,313
Financing Activities
Bank loans	0	0	0	0	0	0	0	-279,259	109,679	65,099	104,481	0	-103,189	103,189
Group/Directors Accounts	0	-39,862	-52,811	-23,171	16,008	19,808	9,096	-15,184	-24,693	8,364	14,713	-631,920	-213,525	933,177
Other Short Term Loans	-14,694	-4,546	-108,042	-36,438	-36,654	559,162	0	0	0	0	0	0	0	0
Long term loans	565,557	-85,058	-79,969	-139,772	-137,884	-160,958	-196,761	62,261	581,415	102,244	-106,540	-100,710	-159,479	532,865
Hire Purchase and Lease Commitments	-10,710	12,651	-18,482	-36,911	-5,345	26,030	-19,538	-24,150	74,350	12,300	-29,524	-39,732	-18,821	89,615
other long term liabilities	0	0	0	0	0	0	0	0	0	0	0	0	0	0
share issue	-13,533	-13,533	0	0	-10,497	0	0	0	0	0	0	0	0	510,396
interest	-30,982	-10,961	-15,859	-23,624	-28,411	-28,981	-34,698	-40,972	-32,290	54,905	-13,336	-21,487	-29,688	-32,852
cash flow from financing	495,638	-141,309	-275,163	-259,916	-202,783	415,061	-241,901	-297,304	708,461	242,912	-30,206	-793,849	-524,702	2,136,390
cash and cash equivalents
cash	-11,784	8,071	-1,486	20,877	-29,306	36,940	3,849	-6,045	-545	3,079	4,424	-283	-30,509	30,925
overdraft	0	0	0	0	0	-531,242	150,549	127,202	-210,239	406,352	-366,619	12,770	204,908	206,319
change in cash	-11,784	8,071	-1,486	20,877	-29,306	568,182	-146,700	-133,247	209,694	-403,273	371,043	-13,053	-235,417	-175,394

Very Low Risk70 - 100

Low Risk50 - 70

Moderate Risk30 - 50

High Risk20 - 30

Very High Risk0 - 20

Get a comprehensive credit check for hill brothers (chichester) limited. Get real-time insights into hill brothers (chichester) limited'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

Perform a competitor analysis for hill brothers (chichester) limited by selecting its closest rivals and benchmarking them against 12 key performance metrics.

HILL BROTHERS (CHICHESTER) LIMITED group structure

Hill Brothers (Chichester) Limited has no subsidiary companies.

Ultimate parent company

HILL BROTHERS (CHICHESTER) LIMITED

01180441

HILL BROTHERS (CHICHESTER) LIMITED Shareholders

kevin john hill	45.76%
peter geoffrey hill & beatrice hill	40.69%
guy hill	8.49%
gregory sebastian hill	5.07%

Hill Brothers (Chichester) Limited currently has 3 directors. The longest serving directors include Mr Kevin Hill (Aug 1991) and Mr Peter Hill (Aug 1991).

officer	country	age	start	end	role
Mr Kevin Hill	Scotland	75 years	Aug 1991	-	Director
Mr Peter Hill	United Kingdom	71 years	Aug 1991	-	Director
Mr Gregory Hill	United Kingdom	47 years	Sep 2012	-	Director

P&L

December 2022

turnover

10.8m

-18%

operating profit

-103.3k

-142%

gross margin

11.1%

-12.37%

turnover

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

Balance Sheet

December 2022

net assets

2.6m

-0.07%

total assets

5.6m

-0.02%

cash

28.2k

-0.29%

net assets

Total assets minus all liabilities

Similar Companies

Agree?

r & l holt limited

inveryuc uk limited

2.5

allpress farms limited

tg1 holding ltd

4.5

rowe farming limited

3.5

company number

01180441

Type

Private limited with Share Capital

industry

01130 - Growing of vegetables and melons, roots and tubers

incorporation date

August 1974

age

accounts

Full Accounts

ultimate parent company

None

previous names

N/A

incorporated

address

hill brothers (chichester) limit, lagness road, chichester, west sussex, PO20 1NL

last accounts submitted

December 2022

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 brothers (chichester) limited. Currently there are 3 open charges and 4 have been satisfied in the past.

hill brothers (chichester) limited Company Information

hill brothers (chichester) limited Estimated Valuation

hill brothers (chichester) limited Estimated Valuation

hill brothers (chichester) limited Estimated Valuation

Hill Brothers (chichester) Limited Overview

Hill Brothers (chichester) Limited Health Check

HILL BROTHERS (CHICHESTER) LIMITED financials

hill brothers (chichester) limited Credit Report and Business Information

Hill Brothers (chichester) Limited Competitor Analysis

hill brothers (chichester) limited Ownership

hill brothers (chichester) limited directors

hill brothers (chichester) limited company details

hill brothers (chichester) limited Charges & Mortgages

hill brothers (chichester) limited Companies House Filings - See Documents