Pomanda estimates the enterprise value of HARDY (UNDERWRITING AGENCIES) LIMITED at £169.9k based on a Turnover of £285k and 0.6x industry multiple (adjusted for size and gross margin).
Pomanda estimates the enterprise value of HARDY (UNDERWRITING AGENCIES) LIMITED at £1.7m based on an EBITDA of £250k and a 6.6x industry multiple (adjusted for size and gross margin).
Pomanda estimates the enterprise value of HARDY (UNDERWRITING AGENCIES) LIMITED at £6.4m based on Net Assets of £4.1m and 1.56x industry multiple (adjusted for liquidity).
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Hardy (underwriting Agencies) LimitedOverview
Hardy (underwriting Agencies) Limited is a live company located in london, EC3M 3BY with a Companies House number of 01264271. It operates in the non-life insurance sector, SIC Code 65120. Founded in June 1976, it's largest shareholder is
hardy underwriting bermuda limited
with a 100% stake. Hardy (underwriting Agencies) Limited is a mature,
micro sized company, Pomanda has estimated its turnover at
£285k with
healthy
growth in recent years.
Hardy (underwriting Agencies) Limited Health Check
Pomanda's financial health check has awarded Hardy (Underwriting Agencies) Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 4 areas for improvement. Company Health Check FAQs
Health Rating3.5out of 5
3 Strong
1 Regular
4 Weak
Size
annual sales of £285k, make it smaller than the average company (£1.9m)
£285k - Hardy (underwriting Agencies) Limited
£1.9m - Industry AVG
Growth
3 year (CAGR) sales growth of 5%, show it is growing at a slower rate (8.7%)
5% - Hardy (underwriting Agencies) Limited
8.7% - Industry AVG
Production
with a gross margin of 100%, this company has a comparable cost of product (100%)
100% - Hardy (underwriting Agencies) Limited
100% - Industry AVG
Profitability
an operating margin of 87.7% make it more profitable than the average company (11.8%)
87.7% - Hardy (underwriting Agencies) Limited
11.8% - Industry AVG
Employees
with 2 employees, this is below the industry average (21)
2 - Hardy (underwriting Agencies) Limited
21 - Industry AVG
Pay Structure
There is insufficient data available for this Key Performance Indicator!
- - Hardy (underwriting Agencies) Limited
- - Industry AVG
Efficiency
resulting in sales per employee of £142.5k, this is less efficient (£205.6k)
£142.5k - Hardy (underwriting Agencies) Limited
£205.6k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- - Hardy (underwriting Agencies) Limited
- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- - Hardy (underwriting Agencies) Limited
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Hardy (underwriting Agencies) Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities
for 4484 weeks, this is more cash available to meet short term requirements (20 weeks)
it has a ratio of liabilities to total assets of 1.1%, this is a lower level of debt than the average (78%)
1.1% - Hardy (underwriting Agencies) Limited
78% - Industry AVG
HARDY (UNDERWRITING AGENCIES) LIMITED financials
EXPORT
Hardy (Underwriting Agencies) Limited's latest turnover from December 2024 is £285 thousand and the company has net assets of £4.1 million. According to their latest financial statements, we estimate that Hardy (Underwriting Agencies) Limited has 2 employees and maintains cash reserves of £4 million as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Dec 2024
Dec 2023
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
285,000
285,000
248,000
248,000
248,000
248,000
248,000
371,000
495,000
2,475,000
2,522,000
2,657,000
2,452,500
3,901,997
12,182,692
6,458,299
Other Income Or Grants
Cost Of Sales
1,350
7,578
123,371
219,885
1,366,223
381,525
571,435
1,793,383
5,166,639
Gross Profit
285,000
285,000
248,000
248,000
248,000
248,000
248,000
369,650
487,422
2,351,629
2,302,115
1,290,777
2,070,975
3,330,562
10,389,309
1,291,660
Admin Expenses
35,000
6,000
25,000
25,000
27,000
25,000
156,000
24,650
21,422
57,629
3,895,115
5,898,777
2,568,029
764,059
2,103,971
-659,217
Operating Profit
250,000
279,000
223,000
223,000
221,000
223,000
92,000
345,000
466,000
2,294,000
-1,593,000
-4,608,000
-497,054
2,566,503
8,285,338
1,950,877
Interest Payable
97,690
Interest Receivable
97,000
50,000
4,000
1,000
11,000
108,000
83,000
64,000
114,000
65,000
33,000
129,674
300,018
328,708
318,072
Pre-Tax Profit
347,000
329,000
227,000
223,000
222,000
234,000
200,000
428,000
530,000
2,420,000
-1,528,000
-4,575,000
-367,380
2,866,521
8,614,046
2,268,949
Tax
-56,000
-31,000
13,000
-36,000
-17,000
-47,000
-87,000
-42,000
-116,000
-1,009,000
185,000
844,000
246,644
383,371
-2,580,387
-369,250
Profit After Tax
291,000
298,000
240,000
187,000
205,000
187,000
113,000
386,000
414,000
1,411,000
-1,343,000
-3,731,000
-120,736
3,249,892
6,033,659
1,899,699
Dividends Paid
18,500,000
3,000,000
1,500,000
2,000,000
Retained Profit
291,000
298,000
240,000
187,000
205,000
187,000
113,000
386,000
414,000
-17,089,000
-1,343,000
-3,731,000
-120,736
249,892
4,533,659
-100,301
Employee Costs
1,246,319
15,112,000
22,447,000
17,164,423
13,090,669
10,535,502
9,341,503
Number Of Employees
2
2
2
2
2
2
2
3
3
16
129
140
134
122
106
84
EBITDA*
250,000
279,000
223,000
223,000
221,000
223,000
92,000
528,000
812,000
2,878,000
-651,000
-3,514,000
522,224
3,607,484
9,167,204
2,642,238
* Earnings Before Interest, Tax, Depreciation and Amortisation
Dec 2024
Dec 2023
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
41,000
224,000
570,000
1,154,000
1,549,000
2,216,291
2,571,906
2,872,865
2,497,527
Intangible Assets
Investments & Other
120,000
146,000
342,000
329,000
165,000
165,000
429,000
315,000
337,000
441,000
1,415,000
1,230,000
385,008
Debtors (Due After 1 year)
200,000
217,000
Total Fixed Assets
120,000
146,000
342,000
329,000
365,000
382,000
429,000
356,000
561,000
1,011,000
2,569,000
2,779,000
2,601,299
2,571,906
2,872,865
2,497,527
Stock & work in progress
Trade Debtors
3,851,000
10,513,000
5,182,580
8,653,899
6,664,311
4,341,384
Group Debtors
77,000
147,000
5,000
38,000
30,000
1,506,000
2,183,000
1,337,000
1,055,000
402,000
666,000
280,191
4,859,689
7,898,175
5,075,948
Misc Debtors
2,000
21,000
5,000
26,000
489,000
2,030,000
1,098,316
1,071,979
7,477,094
4,029,142
Cash
3,967,000
3,534,000
3,276,000
2,922,000
2,751,000
2,485,000
773,000
37,000
432,000
92,000
12,257,000
2,474,000
9,956,979
1,226,656
1,670,230
366,423
misc current assets
134,179
11,923
total current assets
4,044,000
3,681,000
3,281,000
2,960,000
2,751,000
2,515,000
2,281,000
2,241,000
1,774,000
1,173,000
16,999,000
15,683,000
16,518,066
15,946,402
23,709,810
13,824,820
total assets
4,164,000
3,827,000
3,623,000
3,289,000
3,116,000
2,897,000
2,710,000
2,597,000
2,335,000
2,184,000
19,568,000
18,462,000
19,119,365
18,518,308
26,582,675
16,322,347
Bank overdraft
Bank loan
Trade Creditors
Group/Directors Accounts
94,000
14,000
7,560,009
13,027,722
9,966,325
other short term finances
hp & lease commitments
other current liabilities
46,000
124,000
263,000
310,000
7,861,000
5,035,344
1,813,303
4,678,599
1,987,702
total current liabilities
46,000
94,000
14,000
124,000
263,000
310,000
7,861,000
5,035,344
9,373,312
17,706,321
11,954,027
loans
hp & lease commitments
Accruals and Deferred Income
124,000
372,000
372,000
123,750
337,500
318,750
344,375
other liabilities
provisions
total long term liabilities
124,000
372,000
372,000
123,750
337,500
318,750
344,375
total liabilities
46,000
94,000
14,000
124,000
387,000
682,000
8,233,000
5,159,094
9,710,812
18,025,071
12,298,402
net assets
4,118,000
3,827,000
3,529,000
3,289,000
3,102,000
2,897,000
2,710,000
2,597,000
2,211,000
1,797,000
18,886,000
10,229,000
13,960,271
8,807,496
8,557,604
4,023,945
total shareholders funds
4,118,000
3,827,000
3,529,000
3,289,000
3,102,000
2,897,000
2,710,000
2,597,000
2,211,000
1,797,000
18,886,000
10,229,000
13,960,271
8,807,496
8,557,604
4,023,945
Dec 2024
Dec 2023
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
250,000
279,000
223,000
223,000
221,000
223,000
92,000
345,000
466,000
2,294,000
-1,593,000
-4,608,000
-497,054
2,566,503
8,285,338
1,950,877
Depreciation
183,000
346,000
584,000
942,000
1,094,000
1,019,278
1,040,981
881,866
691,361
Amortisation
Tax
-56,000
-31,000
13,000
-36,000
-17,000
-47,000
-87,000
-42,000
-116,000
-1,009,000
185,000
844,000
246,644
383,371
-2,580,387
-369,250
Stock
Debtors
-70,000
142,000
-33,000
-162,000
-47,000
-1,261,000
-696,000
862,000
261,000
-3,661,000
-8,467,000
6,647,913
-8,024,480
-7,454,013
8,593,106
13,446,474
Creditors
Accruals and Deferred Income
46,000
-124,000
-263,000
-295,000
-7,551,000
3,073,906
3,008,291
-2,846,546
2,665,272
2,332,077
Deferred Taxes & Provisions
Cash flow from operations
310,000
106,000
269,000
349,000
251,000
1,437,000
701,000
-500,000
172,000
5,235,000
450,000
-6,244,007
11,801,639
8,598,322
658,983
-8,841,409
Investing Activities
capital expenditure
41,000
-547,000
-426,709
-663,663
-740,022
-1,257,204
-3,188,888
Change in Investments
-26,000
-196,000
13,000
164,000
-264,000
114,000
-22,000
-104,000
-974,000
185,000
844,992
385,008
cash flow from investments
26,000
196,000
-13,000
-164,000
264,000
-73,000
22,000
104,000
974,000
-732,000
-1,271,701
-1,048,671
-740,022
-1,257,204
-3,188,888
Financing Activities
Bank loans
Group/Directors Accounts
-94,000
94,000
-14,000
14,000
-7,560,009
-5,467,713
3,061,397
9,966,325
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
share issue
10,000,000
-271
5,273,511
4,124,246
interest
97,000
50,000
4,000
1,000
11,000
108,000
83,000
64,000
114,000
65,000
33,000
31,984
300,018
328,708
318,072
cash flow from financing
97,000
-44,000
98,000
-14,000
15,000
11,000
108,000
83,000
64,000
114,000
10,065,000
32,729
-2,254,514
-5,167,695
3,390,105
14,408,643
cash and cash equivalents
cash
433,000
258,000
354,000
171,000
266,000
1,712,000
736,000
-395,000
340,000
-12,165,000
9,783,000
-7,482,979
8,730,323
-443,574
1,303,807
366,423
overdraft
change in cash
433,000
258,000
354,000
171,000
266,000
1,712,000
736,000
-395,000
340,000
-12,165,000
9,783,000
-7,482,979
8,730,323
-443,574
1,303,807
366,423
hardy (underwriting agencies) limited Credit Report and Business Information
Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
Get a comprehensive credit check for hardy (underwriting agencies) limited. Get real-time insights into hardy (underwriting agencies) limited's credit score, group structure and payment trends.
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hardy (underwriting agencies) limited Ownership
HARDY (UNDERWRITING AGENCIES) LIMITED group structure
Hardy (Underwriting Agencies) Limited has no subsidiary companies.
The sole shareholder of Hardy (Underwriting Agencies) Limited is Hardy Underwriting Bermuda Limited.
hardy underwriting bermuda limited
100%
hardy (underwriting agencies) limited directors
Hardy (Underwriting Agencies) Limited currently has 10 directors.
The longest serving directors include
Mr David Stevens (Dec 2013) and
Mr Carl Kearney (May 2015).
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 1 charges/mortgages relating to hardy (underwriting agencies) limited. Currently there are 0 open charges and 1 have been satisfied in the past.
hardy (underwriting agencies) 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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hardy (underwriting agencies) limitedCompanies House Filings - See Documents
