honeywell security uk limited
honeywell security uk limited Company Information
Company Number
01248725
Registered Address
building 5 carlton park, king edward avenue, leicester, LE19 0AL
Industry
Other manufacturing n.e.c.
Telephone
44800202088
Next Accounts Due
September 2024
Group Structure
View All
Shareholders
honeywell acquisitions ii limited 100%
honeywell security uk limited Estimated Valuation
Pomanda estimates the enterprise value of HONEYWELL SECURITY UK LIMITED at £48.3m based on a Turnover of £38.8m and 1.25x industry multiple (adjusted for size and gross margin).
honeywell security uk limited Estimated Valuation
Pomanda estimates the enterprise value of HONEYWELL SECURITY UK LIMITED at £0 based on an EBITDA of £-543k and a 8.69x industry multiple (adjusted for size and gross margin).
honeywell security uk limited Estimated Valuation
Pomanda estimates the enterprise value of HONEYWELL SECURITY UK LIMITED at £2.1m based on Net Assets of £3.5m and 0.6x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Honeywell Security Uk Limited Overview
Honeywell Security Uk Limited is a live company located in leicester, LE19 0AL with a Companies House number of 01248725. It operates in the other manufacturing n.e.c. sector, SIC Code 32990. Founded in March 1976, it's largest shareholder is honeywell acquisitions ii limited with a 100% stake. Honeywell Security Uk Limited is a mature, large sized company, Pomanda has estimated its turnover at £38.8m with declining growth in recent years.
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Honeywell Security Uk Limited Health Check
Pomanda's financial health check has awarded Honeywell Security Uk Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 7 areas for improvement. Company Health Check FAQs
3 Strong
2 Regular
7 Weak
Size
annual sales of £38.8m, make it larger than the average company (£13.3m)
£38.8m - Honeywell Security Uk Limited
£13.3m - Industry AVG
Growth
3 year (CAGR) sales growth of -9%, show it is growing at a slower rate (2.4%)
-9% - Honeywell Security Uk Limited
2.4% - Industry AVG
Production
with a gross margin of 33.8%, this company has a comparable cost of product (29.5%)
33.8% - Honeywell Security Uk Limited
29.5% - Industry AVG
Profitability
an operating margin of -2.2% make it less profitable than the average company (6.1%)
-2.2% - Honeywell Security Uk Limited
6.1% - Industry AVG
Employees
with 51 employees, this is below the industry average (72)
51 - Honeywell Security Uk Limited
72 - Industry AVG
Pay Structure
on an average salary of £89.2k, the company has a higher pay structure (£40.1k)
£89.2k - Honeywell Security Uk Limited
£40.1k - Industry AVG
Efficiency
resulting in sales per employee of £759.8k, this is more efficient (£175.8k)
£759.8k - Honeywell Security Uk Limited
£175.8k - Industry AVG
Debtor Days
it gets paid by customers after 64 days, this is near the average (56 days)
64 days - Honeywell Security Uk Limited
56 days - Industry AVG
Creditor Days
its suppliers are paid after 77 days, this is slower than average (42 days)
77 days - Honeywell Security Uk Limited
42 days - Industry AVG
Stock Days
it holds stock equivalent to 93 days, this is more than average (69 days)
93 days - Honeywell Security Uk Limited
69 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (12 weeks)
0 weeks - Honeywell Security Uk Limited
12 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 89.6%, this is a higher level of debt than the average (50.3%)
89.6% - Honeywell Security Uk Limited
50.3% - Industry AVG
HONEYWELL SECURITY UK LIMITED financials
Honeywell Security Uk Limited's latest turnover from December 2022 is £38.8 million and the company has net assets of £3.5 million. According to their latest financial statements, Honeywell Security Uk Limited has 51 employees and maintains cash reserves of £5 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 | 38,750,000 | 45,530,000 | 40,479,000 | 51,118,000 | 50,362,000 | 46,640,000 | 44,111,000 | 48,315,000 | 49,107,000 | 57,897,000 | 55,345,000 | 57,264,000 | 59,278,000 | 59,017,000 |
| Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cost Of Sales | 25,667,000 | 29,373,000 | 27,675,000 | 35,297,000 | 34,945,000 | 31,851,000 | 30,079,000 | 31,399,000 | 31,777,000 | 38,517,000 | 37,056,000 | 38,763,000 | 40,212,000 | 42,896,000 |
| Gross Profit | 13,083,000 | 16,157,000 | 12,804,000 | 15,821,000 | 15,417,000 | 14,789,000 | 14,032,000 | 16,916,000 | 17,330,000 | 19,380,000 | 18,289,000 | 18,501,000 | 19,066,000 | 16,121,000 |
| Admin Expenses | 13,926,000 | 14,668,000 | 20,035,000 | 18,203,000 | 18,197,000 | 13,420,000 | 19,585,000 | 14,262,000 | 17,011,000 | 16,109,000 | 14,915,000 | 15,175,000 | 17,224,000 | 17,530,000 |
| Operating Profit | -843,000 | 1,489,000 | -7,231,000 | -2,382,000 | -2,780,000 | 1,369,000 | -5,553,000 | 2,654,000 | 319,000 | 3,271,000 | 3,374,000 | 3,326,000 | 1,842,000 | -1,409,000 |
| Interest Payable | 567,000 | 362,000 | 316,000 | 39,000 | 0 | 0 | 0 | 227,000 | 0 | 0 | 0 | 1,000 | 7,000 | 0 |
| Interest Receivable | 418,000 | 184,000 | 200,000 | 280,000 | 253,000 | 201,000 | 215,000 | 227,000 | 223,000 | 220,000 | 217,000 | 213,000 | 217,000 | 17,000 |
| Pre-Tax Profit | -992,000 | 1,311,000 | -7,347,000 | -2,141,000 | -643,000 | 1,570,000 | -5,338,000 | 2,881,000 | 542,000 | 3,491,000 | 3,591,000 | 3,538,000 | 8,007,000 | -1,392,000 |
| Tax | 0 | 0 | 0 | -224,000 | -44,000 | -14,000 | -73,000 | -46,000 | 10,000 | -64,000 | -135,000 | 53,000 | 115,000 | 99,000 |
| Profit After Tax | -992,000 | 1,311,000 | -7,347,000 | -2,365,000 | -687,000 | 1,556,000 | -5,411,000 | 2,835,000 | 552,000 | 3,427,000 | 3,456,000 | 3,591,000 | 8,122,000 | -1,293,000 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 19,000,000 | 0 | 0 | 0 | 0 | 0 | 0 |
| Retained Profit | -992,000 | 1,311,000 | -7,347,000 | -2,365,000 | -687,000 | 1,556,000 | -5,411,000 | -16,165,000 | 552,000 | 3,427,000 | 3,456,000 | 3,591,000 | 8,122,000 | -1,293,000 |
| Employee Costs | 4,551,000 | 5,019,000 | 7,621,000 | 6,086,000 | 6,269,000 | 6,902,000 | 8,084,000 | 7,494,000 | 9,216,000 | 10,230,000 | 9,135,000 | 10,475,000 | 8,048,000 | 8,244,000 |
| Number Of Employees | 51 | 51 | 80 | 96 | 108 | 116 | 132 | 141 | 160 | 181 | 182 | 180 | 192 | 190 |
| EBITDA* | -543,000 | 1,680,000 | -6,992,000 | -2,203,000 | -2,653,000 | 1,409,000 | -5,517,000 | 2,688,000 | 359,000 | 3,508,000 | 3,660,000 | 3,641,000 | 2,162,000 | -1,045,000 |
* 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 | 604,000 | 777,000 | 579,000 | 492,000 | 443,000 | 243,000 | 177,000 | 60,000 | 60,000 | 100,000 | 171,000 | 255,000 | 326,000 | 428,000 |
| Intangible Assets | 59,000 | 68,000 | 80,000 | 92,000 | 128,000 | 31,000 | 0 | 0 | 0 | 204,000 | 346,000 | 488,000 | 630,000 | 772,000 |
| Investments & Other | 0 | 0 | 0 | 39,000 | 0 | 4,813,000 | 4,813,000 | 4,813,000 | 4,813,000 | 4,813,000 | 4,813,000 | 4,813,000 | 4,813,000 | 4,813,000 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 663,000 | 845,000 | 659,000 | 623,000 | 571,000 | 5,087,000 | 4,990,000 | 4,873,000 | 4,873,000 | 5,117,000 | 5,330,000 | 5,556,000 | 5,769,000 | 6,013,000 |
| Stock & work in progress | 6,600,000 | 4,414,000 | 3,161,000 | 3,593,000 | 2,895,000 | 4,664,000 | 4,055,000 | 4,310,000 | 5,096,000 | 5,593,000 | 6,552,000 | 7,499,000 | 8,034,000 | 8,567,000 |
| Trade Debtors | 6,814,000 | 8,463,000 | 7,628,000 | 10,019,000 | 11,940,000 | 4,013,000 | 3,997,000 | 5,410,000 | 2,695,000 | 3,583,000 | 4,743,000 | 6,361,000 | 5,880,000 | 3,300,000 |
| Group Debtors | 18,909,000 | 18,159,000 | 17,662,000 | 18,204,000 | 17,090,000 | 18,507,000 | 17,752,000 | 16,373,000 | 17,368,000 | 19,050,000 | 16,995,000 | 16,379,000 | 17,582,000 | 8,647,000 |
| Misc Debtors | 614,000 | 495,000 | 378,000 | 160,000 | 303,000 | 532,000 | 2,987,000 | 1,176,000 | 1,151,000 | 1,203,000 | 779,000 | 834,000 | 611,000 | 1,009,000 |
| Cash | 5,000 | 635,000 | 3,063,000 | 0 | 2,112,000 | 3,199,000 | 0 | 3,111,000 | 23,342,000 | 15,380,000 | 11,973,000 | 6,051,000 | 1,004,000 | 21,586,000 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 32,942,000 | 32,166,000 | 31,892,000 | 31,976,000 | 34,340,000 | 30,915,000 | 28,791,000 | 30,380,000 | 49,652,000 | 44,809,000 | 41,042,000 | 37,124,000 | 33,111,000 | 43,109,000 |
| total assets | 33,605,000 | 33,011,000 | 32,551,000 | 32,599,000 | 34,911,000 | 36,002,000 | 33,781,000 | 35,253,000 | 54,525,000 | 49,926,000 | 46,372,000 | 42,680,000 | 38,880,000 | 49,122,000 |
| Bank overdraft | 16,532,000 | 9,294,000 | 9,985,000 | 3,322,000 | 0 | 0 | 251,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 5,417,000 | 9,712,000 | 7,696,000 | 8,376,000 | 8,837,000 | 5,355,000 | 2,792,000 | 3,195,000 | 2,735,000 | 1,416,000 | 2,282,000 | 2,143,000 | 1,719,000 | 1,580,000 |
| Group/Directors Accounts | 3,169,000 | 4,707,000 | 8,561,000 | 5,191,000 | 6,164,000 | 12,694,000 | 11,207,000 | 10,284,000 | 12,618,000 | 11,109,000 | 10,032,000 | 9,319,000 | 9,861,000 | 26,184,000 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 24,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 4,557,000 | 4,256,000 | 2,747,000 | 3,837,000 | 6,061,000 | 3,384,000 | 6,508,000 | 3,064,000 | 4,004,000 | 2,775,000 | 2,935,000 | 3,494,000 | 3,176,000 | 2,537,000 |
| total current liabilities | 29,675,000 | 27,969,000 | 28,989,000 | 20,750,000 | 21,062,000 | 21,433,000 | 20,758,000 | 16,543,000 | 19,357,000 | 15,300,000 | 15,249,000 | 14,956,000 | 14,756,000 | 30,301,000 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 153,000 | 247,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 283,000 | 309,000 | 387,000 | 842,000 | 477,000 | 510,000 | 520,000 | 796,000 | 1,089,000 | 895,000 | 819,000 | 876,000 | 867,000 | 722,000 |
| total long term liabilities | 436,000 | 556,000 | 387,000 | 842,000 | 477,000 | 510,000 | 520,000 | 796,000 | 1,089,000 | 895,000 | 819,000 | 876,000 | 867,000 | 722,000 |
| total liabilities | 30,111,000 | 28,525,000 | 29,376,000 | 21,592,000 | 21,539,000 | 21,943,000 | 21,278,000 | 17,339,000 | 20,446,000 | 16,195,000 | 16,068,000 | 15,832,000 | 15,623,000 | 31,023,000 |
| net assets | 3,494,000 | 4,486,000 | 3,175,000 | 11,007,000 | 13,372,000 | 14,059,000 | 12,503,000 | 17,914,000 | 34,079,000 | 33,731,000 | 30,304,000 | 26,848,000 | 23,257,000 | 18,099,000 |
| total shareholders funds | 3,494,000 | 4,486,000 | 3,175,000 | 11,007,000 | 13,372,000 | 14,059,000 | 12,503,000 | 17,914,000 | 34,079,000 | 33,731,000 | 30,304,000 | 26,848,000 | 23,257,000 | 18,099,000 |
| 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 | -843,000 | 1,489,000 | -7,231,000 | -2,382,000 | -2,780,000 | 1,369,000 | -5,553,000 | 2,654,000 | 319,000 | 3,271,000 | 3,374,000 | 3,326,000 | 1,842,000 | -1,409,000 |
| Depreciation | 291,000 | 179,000 | 212,000 | 143,000 | 107,000 | 40,000 | 36,000 | 34,000 | 40,000 | 95,000 | 144,000 | 173,000 | 178,000 | 222,000 |
| Amortisation | 9,000 | 12,000 | 27,000 | 36,000 | 20,000 | 0 | 0 | 0 | 0 | 142,000 | 142,000 | 142,000 | 142,000 | 142,000 |
| Tax | 0 | 0 | 0 | -224,000 | -44,000 | -14,000 | -73,000 | -46,000 | 10,000 | -64,000 | -135,000 | 53,000 | 115,000 | 99,000 |
| Stock | 2,186,000 | 1,253,000 | -432,000 | 698,000 | -1,769,000 | 609,000 | -255,000 | -786,000 | -497,000 | -959,000 | -947,000 | -535,000 | -533,000 | 8,567,000 |
| Debtors | -780,000 | 1,449,000 | -2,715,000 | -950,000 | 6,281,000 | -1,684,000 | 1,777,000 | 1,745,000 | -2,622,000 | 1,319,000 | -1,057,000 | -499,000 | 11,117,000 | 12,956,000 |
| Creditors | -4,295,000 | 2,016,000 | -680,000 | -461,000 | 3,482,000 | 2,563,000 | -403,000 | 460,000 | 1,319,000 | -866,000 | 139,000 | 424,000 | 139,000 | 1,580,000 |
| Accruals and Deferred Income | 301,000 | 1,509,000 | -1,090,000 | -2,224,000 | 2,677,000 | -3,124,000 | 3,444,000 | -940,000 | 1,229,000 | -160,000 | -559,000 | 318,000 | 639,000 | 2,537,000 |
| Deferred Taxes & Provisions | -26,000 | -78,000 | -455,000 | 365,000 | -33,000 | -10,000 | -276,000 | -293,000 | 194,000 | 76,000 | -57,000 | 9,000 | 145,000 | 722,000 |
| Cash flow from operations | -5,969,000 | 2,425,000 | -6,070,000 | -4,495,000 | -1,083,000 | 1,899,000 | -4,347,000 | 910,000 | 6,230,000 | 2,134,000 | 5,052,000 | 5,479,000 | -7,384,000 | -17,630,000 |
| Investing Activities | ||||||||||||||
| capital expenditure | ||||||||||||||
| Change in Investments | 0 | 0 | -39,000 | 39,000 | -4,813,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 4,813,000 |
| cash flow from investments | ||||||||||||||
| Financing Activities | ||||||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | -1,538,000 | -3,854,000 | 3,370,000 | -973,000 | -6,530,000 | 1,487,000 | 923,000 | -2,334,000 | 1,509,000 | 1,077,000 | 713,000 | -542,000 | -16,323,000 | 26,184,000 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | -24,000 | 24,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | -94,000 | 247,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||||||||||
| interest | -149,000 | -178,000 | -116,000 | 241,000 | 253,000 | 201,000 | 215,000 | 0 | 223,000 | 220,000 | 217,000 | 212,000 | 210,000 | 17,000 |
| cash flow from financing | -1,781,000 | -3,785,000 | 2,745,000 | -708,000 | -6,277,000 | 1,688,000 | 1,138,000 | -2,334,000 | 1,528,000 | 1,297,000 | 930,000 | -330,000 | -19,077,000 | 45,593,000 |
| cash and cash equivalents | ||||||||||||||
| cash | -630,000 | -2,428,000 | 3,063,000 | -2,112,000 | -1,087,000 | 3,199,000 | -3,111,000 | -20,231,000 | 7,962,000 | 3,407,000 | 5,922,000 | 5,047,000 | -20,582,000 | 21,586,000 |
| overdraft | 7,238,000 | -691,000 | 6,663,000 | 3,322,000 | 0 | -251,000 | 251,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -7,868,000 | -1,737,000 | -3,600,000 | -5,434,000 | -1,087,000 | 3,450,000 | -3,362,000 | -20,231,000 | 7,962,000 | 3,407,000 | 5,922,000 | 5,047,000 | -20,582,000 | 21,586,000 |
honeywell security uk limited Credit Report and Business Information
Honeywell Security Uk Limited Competitor Analysis
Perform a competitor analysis for honeywell security uk limited by selecting its closest rivals, whether from the MANUFACTURING sector, other large companies, companies in LE19 area or any other competitors across 12 key performance metrics.
honeywell security uk limited Ownership
HONEYWELL SECURITY UK LIMITED group structure
Honeywell Security Uk Limited has no subsidiary companies.
Ultimate parent company
HONEYWELL INTERNATIONAL INC
#0030355
2 parents
HONEYWELL SECURITY UK LIMITED
01248725
honeywell security uk limited directors
Honeywell Security Uk Limited currently has 2 directors. The longest serving directors include Mr Andrew Aitken (May 2021) and Mr Gareth Ellams (Aug 2022).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Andrew Aitken | England | 56 years | May 2021 | - | Director |
| Mr Gareth Ellams | United Kingdom | 51 years | Aug 2022 | - | Director |
P&L
December 2022turnover
38.8m
-15%
operating profit
-843k
-157%
gross margin
33.8%
-4.86%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2022net assets
3.5m
-0.22%
total assets
33.6m
+0.02%
cash
5k
-0.99%
net assets
Total assets minus all liabilities
Similar Companies
honeywell security uk limited company details
company number
01248725
Type
Private limited with Share Capital
industry
32990 - Other manufacturing n.e.c.
incorporation date
March 1976
age
48
incorporated
UK
accounts
Full Accounts
ultimate parent company
previous names
ademco microtech limited (April 2004)
ademco-sontrix limited (January 1997)
last accounts submitted
December 2022
address
building 5 carlton park, king edward avenue, leicester, LE19 0AL
accountant
-
auditor
DELOITTE LLP
honeywell security uk 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 7 charges/mortgages relating to honeywell security uk limited. Currently there are 5 open charges and 2 have been satisfied in the past.
honeywell security uk limited Companies House Filings - See Documents
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