howard lee & son limited
howard lee & son limited Company Information
Company Number
01295112
Website
www.howard-lee.co.ukRegistered Address
c/o troy (uk) limited, skypark 1, tiger moth road, exeter, EX5 2FW
Industry
Retail sale of hardware, paints and glass in specialised stores
Telephone
01384564122
Next Accounts Due
September 2024
Group Structure
View All
Shareholders
united tooling solutions limited 100%
howard lee & son limited Estimated Valuation
Pomanda estimates the enterprise value of HOWARD LEE & SON LIMITED at £16.5k based on a Turnover of £66.7k and 0.25x industry multiple (adjusted for size and gross margin).
howard lee & son limited Estimated Valuation
Pomanda estimates the enterprise value of HOWARD LEE & SON LIMITED at £0 based on an EBITDA of £0 and a 2.3x industry multiple (adjusted for size and gross margin).
howard lee & son limited Estimated Valuation
Pomanda estimates the enterprise value of HOWARD LEE & SON LIMITED at £26.1k based on Net Assets of £10k and 2.61x industry multiple (adjusted for liquidity).
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Howard Lee & Son Limited Overview
Howard Lee & Son Limited is a live company located in exeter, EX5 2FW with a Companies House number of 01295112. It operates in the retail sale of hardware, paints and glass in specialised stores sector, SIC Code 47520. Founded in January 1977, it's largest shareholder is united tooling solutions limited with a 100% stake. Howard Lee & Son Limited is a mature, micro sized company, Pomanda has estimated its turnover at £66.7k with declining growth in recent years.
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Howard Lee & Son Limited Health Check
Pomanda's financial health check has awarded Howard Lee & Son Limited a 0.5 rating. We use a traffic light system to show it exceeds the industry average on 0 measures and has 6 areas for improvement. Company Health Check FAQs
0 Strong
1 Regular
6 Weak
Size
annual sales of £66.7k, make it smaller than the average company (£14.2m)
- Howard Lee & Son Limited
£14.2m - Industry AVG
Growth
3 year (CAGR) sales growth of -73%, show it is growing at a slower rate (4.3%)
- Howard Lee & Son Limited
4.3% - Industry AVG
Production
with a gross margin of 25.7%, this company has a higher cost of product (35.9%)
- Howard Lee & Son Limited
35.9% - Industry AVG
Profitability
There is insufficient data available for this Key Performance Indicator!
- Howard Lee & Son Limited
- - Industry AVG
Employees
with 1 employees, this is below the industry average (61)
- Howard Lee & Son Limited
61 - Industry AVG
Pay Structure
on an average salary of £27.6k, the company has an equivalent pay structure (£27.6k)
- Howard Lee & Son Limited
£27.6k - Industry AVG
Efficiency
resulting in sales per employee of £66.7k, this is less efficient (£160.2k)
- Howard Lee & Son Limited
£160.2k - Industry AVG
Debtor Days
it gets paid by customers after 54 days, this is later than average (17 days)
- Howard Lee & Son Limited
17 days - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- Howard Lee & Son Limited
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Howard Lee & Son Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Howard Lee & Son Limited
- - Industry AVG
Debt Level
There is insufficient data available for this Key Performance Indicator!
- - Howard Lee & Son Limited
- - Industry AVG
howard lee & son limited Credit Report and Business Information
Howard Lee & Son Limited Competitor Analysis
Perform a competitor analysis for howard lee & son limited by selecting its closest rivals and benchmarking them against 12 key performance metrics.
howard lee & son limited Ownership
HOWARD LEE & SON LIMITED group structure
Howard Lee & Son Limited has no subsidiary companies.
Ultimate parent company
2 parents
HOWARD LEE & SON LIMITED
01295112
howard lee & son limited directors
Howard Lee & Son Limited currently has 4 directors. The longest serving directors include Mr David Jackson (Jun 2020) and Mr Christopher Taylor (Jun 2020).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr David Jackson | Scotland | 58 years | Jun 2020 | - | Director |
| Mr Christopher Taylor | Scotland | 43 years | Jun 2020 | - | Director |
| Mr Paul Kilbride | Scotland | 60 years | Jun 2020 | - | Director |
| Mr Paul Kilbride | Wales | 60 years | Jun 2020 | - | Director |
HOWARD LEE & SON LIMITED financials
Howard Lee & Son Limited's latest turnover from December 2022 is estimated at £66.7 thousand and the company has net assets of £10 thousand. According to their latest financial statements, we estimate that Howard Lee & Son Limited has 1 employee and maintains cash reserves of 0 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 | ||||||||||||||
| Other Income Or Grants | ||||||||||||||
| Cost Of Sales | ||||||||||||||
| Gross Profit | ||||||||||||||
| Admin Expenses | ||||||||||||||
| Operating Profit | ||||||||||||||
| Interest Payable | ||||||||||||||
| Interest Receivable | ||||||||||||||
| Pre-Tax Profit | ||||||||||||||
| Tax | ||||||||||||||
| Profit After Tax | ||||||||||||||
| Dividends Paid | ||||||||||||||
| Retained Profit | ||||||||||||||
| Employee Costs | ||||||||||||||
| Number Of Employees | 23 | 24 | 27 | 26 | 26 | 24 | 26 | |||||||
| EBITDA* |
* 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 | 0 | 0 | 856,635 | 464,472 | 367,477 | 174,278 | 102,245 | 117,854 | 123,610 | 127,207 | 114,784 | 115,155 | 103,181 | 114,881 |
| Intangible Assets | 0 | 0 | 7,262 | 12,387 | 17,512 | 22,637 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 99,005 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 0 | 0 | 863,897 | 476,859 | 483,994 | 196,915 | 102,245 | 117,854 | 123,610 | 127,207 | 114,784 | 115,155 | 103,181 | 114,881 |
| Stock & work in progress | 0 | 0 | 427,025 | 289,231 | 339,724 | 288,033 | 232,348 | 206,007 | 204,824 | 188,641 | 198,799 | 203,769 | 220,708 | 220,418 |
| Trade Debtors | 10,000 | 10,000 | 1,462,643 | 1,222,790 | 1,269,333 | 1,094,425 | 985,820 | 943,974 | 977,127 | 1,022,758 | 968,151 | 1,007,892 | 925,904 | 765,212 |
| Group Debtors | 0 | 0 | 3,278,367 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 35,569 | 60,358 | 57,858 | 69,889 | 41,157 | 31,691 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 0 | 0 | 1,080 | 1,421,125 | 899,705 | 698,168 | 883,000 | 1,002,306 | 941,604 | 951,587 | 861,492 | 676,032 | 593,142 | 198,954 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 10,000 | 10,000 | 5,204,684 | 2,993,504 | 2,566,620 | 2,150,515 | 2,142,325 | 2,183,978 | 2,123,555 | 2,162,986 | 2,028,442 | 1,887,693 | 1,739,754 | 1,184,584 |
| total assets | 10,000 | 10,000 | 6,068,581 | 3,470,363 | 3,050,614 | 2,347,430 | 2,244,570 | 2,301,832 | 2,247,165 | 2,290,193 | 2,143,226 | 2,002,848 | 1,842,935 | 1,299,465 |
| Bank overdraft | 0 | 0 | 68,686 | 0 | 0 | 0 | 0 | 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 | 0 | 0 | 1,538,790 | 490,194 | 545,799 | 490,150 | 397,788 | 335,310 | 738,525 | 680,654 | 641,834 | 703,797 | 648,268 | 428,698 |
| Group/Directors Accounts | 0 | 0 | 229,457 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 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 |
| other current liabilities | 0 | 0 | 645,940 | 341,089 | 319,012 | 287,186 | 253,169 | 263,915 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 0 | 0 | 2,482,873 | 831,283 | 864,811 | 777,336 | 650,957 | 599,225 | 738,525 | 680,654 | 641,834 | 703,797 | 648,268 | 428,698 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 102,000 | 102,000 | 102,000 | 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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 102,000 | 0 |
| provisions | 0 | 0 | 67,935 | 12,413 | 11,272 | 13,622 | 2,390 | 4,100 | 4,400 | 5,675 | 5,675 | 4,000 | 0 | 0 |
| total long term liabilities | 0 | 0 | 67,935 | 12,413 | 11,272 | 13,622 | 2,390 | 4,100 | 4,400 | 107,675 | 107,675 | 106,000 | 102,000 | 102,000 |
| total liabilities | 0 | 0 | 2,550,808 | 843,696 | 876,083 | 790,958 | 653,347 | 603,325 | 742,925 | 788,329 | 749,509 | 809,797 | 750,268 | 530,698 |
| net assets | 10,000 | 10,000 | 3,517,773 | 2,626,667 | 2,174,531 | 1,556,472 | 1,591,223 | 1,698,507 | 1,504,240 | 1,501,864 | 1,393,717 | 1,193,051 | 1,092,667 | 768,767 |
| total shareholders funds | 10,000 | 10,000 | 3,517,773 | 2,626,667 | 2,174,531 | 1,556,472 | 1,591,223 | 1,698,507 | 1,504,240 | 1,501,864 | 1,393,717 | 1,193,051 | 1,092,667 | 768,767 |
| 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 | ||||||||||||||
| Depreciation | 0 | 7,850 | 30,916 | 34,194 | 25,046 | 21,175 | 9,928 | 18,261 | 17,696 | 13,738 | 12,306 | 12,507 | 11,700 | 12,565 |
| Amortisation | 0 | 0 | 5,125 | 5,125 | 5,125 | 2,990 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Tax | ||||||||||||||
| Stock | 0 | -427,025 | 137,794 | -50,493 | 51,691 | 55,685 | 26,341 | 1,183 | 16,183 | -10,158 | -4,970 | -16,939 | 290 | 220,418 |
| Debtors | 0 | -4,766,579 | 3,493,431 | -44,043 | 162,877 | 137,337 | 51,312 | -1,462 | -45,631 | 54,607 | -39,741 | 81,988 | 160,692 | 765,212 |
| Creditors | 0 | -1,538,790 | 1,048,596 | -55,605 | 55,649 | 92,362 | 62,478 | -403,215 | 57,871 | 38,820 | -61,963 | 55,529 | 219,570 | 428,698 |
| Accruals and Deferred Income | 0 | -645,940 | 304,851 | 22,077 | 31,826 | 34,017 | -10,746 | 263,915 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | -67,935 | 55,522 | 1,141 | -2,350 | 11,232 | -1,710 | -300 | -1,275 | 0 | 1,675 | 4,000 | 0 | 0 |
| Cash flow from operations | ||||||||||||||
| Investing Activities | ||||||||||||||
| capital expenditure | ||||||||||||||
| Change in Investments | 0 | 0 | 0 | -99,005 | 99,005 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 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 | 0 | -229,457 | 229,457 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 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 | -102,000 | 0 | 0 | 102,000 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -102,000 | 102,000 | 0 |
| share issue | ||||||||||||||
| interest | ||||||||||||||
| cash flow from financing | ||||||||||||||
| cash and cash equivalents | ||||||||||||||
| cash | 0 | -1,080 | -1,420,045 | 521,420 | 201,537 | -184,832 | -119,306 | 60,702 | -9,983 | 90,095 | 185,460 | 82,890 | 394,188 | 198,954 |
| overdraft | 0 | -68,686 | 68,686 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 0 | 67,606 | -1,488,731 | 521,420 | 201,537 | -184,832 | -119,306 | 60,702 | -9,983 | 90,095 | 185,460 | 82,890 | 394,188 | 198,954 |
P&L
December 2022turnover
66.7k
-95%
operating profit
0
0%
gross margin
25.7%
-12.42%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2022net assets
10k
0%
total assets
10k
0%
cash
0
0%
net assets
Total assets minus all liabilities
howard lee & son limited company details
company number
01295112
Type
Private limited with Share Capital
industry
47520 - Retail sale of hardware, paints and glass in specialised stores
incorporation date
January 1977
age
47
accounts
Micro-Entity Accounts
ultimate parent company
previous names
N/A
incorporated
UK
address
c/o troy (uk) limited, skypark 1, tiger moth road, exeter, EX5 2FW
last accounts submitted
December 2022
howard lee & son 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 3 charges/mortgages relating to howard lee & son limited. Currently there are 0 open charges and 3 have been satisfied in the past.
howard lee & son limited Companies House Filings - See Documents
| date | description | view/download |
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