henmead limited

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henmead limited Company Information

Share HENMEAD LIMITED

Company Number

01350468

Shareholders

the eric wright charitable trust

Group Structure

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Industry

Activities of other holding companies (not including agricultural, production, construction, distribution and financial services holding companies) n.e.c.

 

Registered Address

sceptre house, sceptre way, bamber bridge, preston, lancashire, PR5 6AW

henmead limited Estimated Valuation

£351.1m

Pomanda estimates the enterprise value of HENMEAD LIMITED at £351.1m based on a Turnover of £232.3m and 1.51x industry multiple (adjusted for size and gross margin).

henmead limited Estimated Valuation

£9.6m

Pomanda estimates the enterprise value of HENMEAD LIMITED at £9.6m based on an EBITDA of £1.5m and a 6.28x industry multiple (adjusted for size and gross margin).

henmead limited Estimated Valuation

£123.6m

Pomanda estimates the enterprise value of HENMEAD LIMITED at £123.6m based on Net Assets of £92.2m and 1.34x industry multiple (adjusted for liquidity).

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Henmead Limited Overview

Henmead Limited is a live company located in preston, PR5 6AW with a Companies House number of 01350468. It operates in the activities of other holding companies n.e.c. sector, SIC Code 64209. Founded in January 1978, it's largest shareholder is the eric wright charitable trust with a 100% stake. Henmead Limited is a mature, mega sized company, Pomanda has estimated its turnover at £232.3m with healthy growth in recent years.

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Henmead Limited Health Check

Pomanda's financial health check has awarded Henmead Limited a 4 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 6 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating4out of 5
positive_score

5 Strong

positive_score

1 Regular

positive_score

6 Weak

size

Size

annual sales of £232.3m, make it larger than the average company (£18.9m)

£232.3m - Henmead Limited

£18.9m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 4%, show it is growing at a slower rate (10.5%)

4% - Henmead Limited

10.5% - Industry AVG

production

Production

with a gross margin of 8.6%, this company has a higher cost of product (36.3%)

8.6% - Henmead Limited

36.3% - Industry AVG

profitability

Profitability

an operating margin of 0.5% make it less profitable than the average company (4.5%)

0.5% - Henmead Limited

4.5% - Industry AVG

employees

Employees

with 848 employees, this is above the industry average (104)

848 - Henmead Limited

104 - Industry AVG

paystructure

Pay Structure

on an average salary of £51.5k, the company has an equivalent pay structure (£44.7k)

£51.5k - Henmead Limited

£44.7k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £273.9k, this is more efficient (£191.6k)

£273.9k - Henmead Limited

£191.6k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 69 days, this is later than average (45 days)

69 days - Henmead Limited

45 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 58 days, this is slower than average (44 days)

58 days - Henmead Limited

44 days - Industry AVG

stockdays

Stock Days

it holds stock equivalent to 53 days, this is more than average (40 days)

53 days - Henmead Limited

40 days - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 8 weeks, this is less cash available to meet short term requirements (14 weeks)

8 weeks - Henmead Limited

14 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 61.9%, this is a lower level of debt than the average (69.6%)

61.9% - Henmead Limited

69.6% - Industry AVG

HENMEAD LIMITED financials

EXPORTms excel logo

Henmead Limited's latest turnover from December 2023 is £232.3 million and the company has net assets of £92.2 million. According to their latest financial statements, Henmead Limited has 848 employees and maintains cash reserves of £16.2 million as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Turnover232,278,000168,027,000163,853,000204,611,000223,208,000170,350,000159,089,000201,354,000177,415,000160,564,000152,731,000178,188,000158,259,000123,767,000128,408,000
Other Income Or Grants
Cost Of Sales212,408,000148,315,000143,377,000187,297,000208,428,000156,707,000145,267,000185,798,000163,202,000145,323,000140,249,000166,473,000147,060,000116,107,000120,132,000
Gross Profit19,870,00019,712,00020,476,00017,314,00014,780,00013,643,00013,822,00015,556,00014,213,00015,241,00012,482,00011,715,00011,199,0007,660,0008,276,000
Admin Expenses18,754,00018,097,00015,373,00014,647,00014,601,00012,468,00011,084,00013,122,00011,444,00010,148,00010,020,0009,857,0009,062,0004,926,0005,420,000
Operating Profit1,116,0001,615,0005,103,0002,667,000179,0001,175,0002,738,0002,434,0002,769,0005,093,0002,462,0001,858,0002,137,0002,734,0002,856,000
Interest Payable3,831,0003,109,0002,912,0003,171,0003,249,0003,312,0003,241,0003,234,0003,976,0005,242,00012,937,00010,255,0009,735,0004,394,0003,882,000
Interest Receivable4,756,0004,155,0004,489,0004,567,0005,050,0004,934,0004,991,0005,116,0005,081,0003,945,0006,814,0004,656,0004,049,000446,0003,458,000
Pre-Tax Profit3,948,0004,910,00013,202,0007,969,0006,437,0008,634,0005,730,0005,973,0008,383,0009,437,0004,584,0005,639,0004,453,0003,863,0003,583,000
Tax388,000527,000-3,011,000-556,000-429,000-524,000144,000811,000-1,190,000-1,601,000-1,455,000-201,000-1,384,000-1,499,000-149,000
Profit After Tax4,336,0005,437,00010,191,0007,413,0006,008,0008,110,0005,874,0006,784,0007,193,0007,836,0003,129,0005,438,0003,069,0002,364,0003,434,000
Dividends Paid3,325,0003,525,0002,000,0002,034,0008,000257,000250,000259,000265,000521,000
Retained Profit1,011,0001,912,00010,191,0007,413,0006,008,0008,110,0003,874,0004,750,0007,185,0007,579,0002,879,0005,179,0002,804,0001,843,0003,434,000
Employee Costs43,698,00042,793,00035,408,00035,667,00034,229,00031,659,00030,176,00027,743,00025,222,00022,695,00021,136,00020,422,00020,029,00017,609,00015,345,000
Number Of Employees848785692697683645644625560541531538543517375
EBITDA*1,537,0001,992,0005,461,0002,983,000499,0001,525,0003,048,0002,813,0003,314,0005,660,0003,048,0002,387,0003,010,0003,315,0003,509,000

* Earnings Before Interest, Tax, Depreciation and Amortisation

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Tangible Assets5,051,0004,046,0003,914,0003,995,0004,398,0004,414,0004,361,0004,266,0004,404,0004,684,00053,218,00052,719,00052,138,0001,486,00062,623,000
Intangible Assets1,605,0001,499,0001,406,0001,181,00064,000161,000257,000354,000838,000580,000
Investments & Other97,431,000104,406,00090,823,00081,656,00080,580,00070,987,00068,217,00064,588,00058,559,00054,419,0008,843,0008,033,0006,004,00065,601,0007,950,000
Debtors (Due After 1 year)32,706,00035,132,00036,430,00037,205,00039,334,00041,102,00042,867,00044,318,00045,882,00047,370,00048,786,00049,314,00049,987,00050,480,00050,946,000
Total Fixed Assets136,793,000145,083,000132,573,000124,037,000124,312,000116,503,000115,445,000113,172,000108,845,000106,537,000111,008,000110,323,000108,483,000118,405,000122,099,000
Stock & work in progress31,366,00020,324,00025,048,00024,447,00025,516,00025,399,00030,907,00022,637,00016,170,00014,505,00020,477,00018,023,00046,362,00034,418,00030,100,000
Trade Debtors44,327,00035,696,00035,406,00033,048,00044,822,00019,962,00031,448,00037,611,00030,567,00031,435,00031,141,00023,204,00015,019,00013,466,00011,630,000
Group Debtors15,335,000
Misc Debtors13,123,00011,438,00012,109,00010,330,00010,043,0009,055,0008,156,0006,430,0006,716,0007,926,0006,785,00011,252,0005,503,0006,146,0005,420,000
Cash16,174,00017,191,00019,057,00024,442,00017,806,00020,596,00017,374,00014,811,00019,832,00011,404,00011,887,00010,245,00020,143,00014,379,00012,990,000
misc current assets
total current assets104,990,00084,649,00091,620,00092,267,00098,187,00090,347,00087,885,00081,489,00073,285,00065,270,00070,290,00062,724,00087,027,00068,409,00060,140,000
total assets241,783,000229,732,000224,193,000216,304,000222,499,000206,850,000203,330,000194,661,000182,130,000171,807,000181,298,000173,047,000195,510,000186,814,000182,239,000
Bank overdraft14,610,0002,507,0002,351,0002,093,0002,173,0001,735,0002,091,00017,313,0001,588,0001,800,000231,0007,962,000405,000241,000
Bank loan10,929,00020,499,0004,470,00015,008,000
Trade Creditors 34,139,00023,934,00021,222,00026,679,00030,742,00026,691,00021,948,00026,974,00026,814,00026,825,00031,385,00026,223,00026,170,00022,892,00019,793,000
Group/Directors Accounts6,747,0005,685,0005,033,0005,224,0005,604,0005,030,0004,665,0004,531,0004,441,0004,051,0003,240,0002,620,0002,165,0001,797,0002,364,000
other short term finances374,000
hp & lease commitments51,00051,00047,000
other current liabilities46,920,00036,880,00034,714,00027,624,00027,627,00024,147,00020,175,00018,567,00023,261,00014,467,00015,616,00012,195,00013,663,00012,885,00011,129,000
total current liabilities102,416,00069,006,00063,320,00061,620,00066,146,00057,603,00048,879,00067,385,00056,478,00047,194,00061,452,00049,047,00062,902,00042,285,00048,294,000
loans34,646,00052,878,00061,919,00067,819,00073,334,00067,673,00077,528,00052,997,00052,368,00057,766,00042,273,00049,310,00055,326,00070,015,00060,143,000
hp & lease commitments51,000102,000
Accruals and Deferred Income4,835,0004,708,0005,337,0004,574,0004,137,0004,005,0003,969,0003,691,0003,011,0003,005,0002,621,0002,461,0006,561,0003,032,0003,021,000
other liabilities
provisions5,176,0005,610,0006,407,0003,786,0003,262,0002,915,0002,039,0002,308,0003,871,0003,810,0002,725,0003,119,0003,997,0009,743,0007,674,000
total long term liabilities47,124,00065,678,00077,257,00080,283,00084,726,00078,495,00087,535,00063,158,00063,198,00068,862,00050,883,00058,517,00070,185,00082,790,00070,838,000
total liabilities149,540,000134,684,000140,577,000141,903,000150,872,000136,098,000136,414,000130,543,000119,676,000116,056,000112,335,000107,564,000133,087,000125,075,000119,132,000
net assets92,157,00094,914,00083,616,00074,401,00071,627,00070,752,00066,916,00064,118,00062,454,00055,751,00068,959,00065,483,00062,423,00061,739,00063,107,000
total shareholders funds92,157,00094,914,00083,616,00074,401,00071,627,00070,752,00066,916,00064,118,00062,454,00055,751,00068,959,00065,483,00062,423,00061,739,00063,107,000
Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Operating Activities
Operating Profit1,116,0001,615,0005,103,0002,667,000179,0001,175,0002,738,0002,434,0002,769,0005,093,0002,462,0001,858,0002,137,0002,734,0002,856,000
Depreciation237,000218,000212,000299,000320,000350,000310,000379,000481,000462,000481,000424,000389,000347,000451,000
Amortisation184,000159,000146,00017,00064,000105,000105,000105,000484,000234,000202,000
Tax388,000527,000-3,011,000-556,000-429,000-524,000144,000811,000-1,190,000-1,601,000-1,455,000-201,000-1,384,000-1,499,000-149,000
Stock11,042,000-4,724,000601,000-1,069,000117,000-5,508,0008,270,0006,467,0001,665,000-5,972,0002,454,000-28,339,00011,944,0004,318,00030,100,000
Debtors7,890,000-1,679,0003,362,000-13,616,0008,745,0002,983,000-5,888,0005,194,000-3,566,00019,0002,942,00013,261,000417,0002,096,00067,996,000
Creditors10,205,0002,712,000-5,457,000-4,063,0004,051,0004,743,000-5,026,000160,000-11,000-4,560,0005,162,00053,0003,278,0003,099,00019,793,000
Accruals and Deferred Income10,167,0001,537,0007,853,000434,0003,612,0004,008,0001,886,000-4,014,0008,800,000-765,0003,581,000-5,568,0004,307,0001,767,00014,150,000
Deferred Taxes & Provisions-434,000-797,0002,621,000524,000347,000876,000-269,000-1,563,00061,0001,085,000-394,000-878,000-5,746,0002,069,0007,674,000
Cash flow from operations2,931,00012,374,0003,504,00014,007,000-782,00013,153,000-2,599,000-13,454,00012,875,0005,772,0004,546,00010,871,000-8,896,0002,337,000-53,119,000
Investing Activities
capital expenditure7,768,000755,000-6,022,000-1,803,000-1,951,000-619,000-3,395,0006,241,000887,000-1,528,000
Change in Investments-6,975,00013,583,0009,167,0001,076,0009,593,0002,770,0003,629,0006,029,0004,140,00045,576,000810,0002,029,000-59,597,00057,651,0007,950,000
cash flow from investments6,975,000-13,583,000-9,167,000-1,076,000-9,593,0004,998,000-2,874,000-12,051,000-5,943,000-47,527,000-1,429,000-5,424,00065,838,000-56,764,000-9,478,000
Financing Activities
Bank loans-10,929,00010,929,000-20,499,00016,029,000-10,538,00015,008,000
Group/Directors Accounts1,062,000652,000-191,000-380,000574,000365,000134,00090,000390,000811,000620,000455,000368,000-567,0002,364,000
Other Short Term Loans -374,000374,000
Long term loans-18,232,000-9,041,000-5,900,000-5,515,0005,661,000-9,855,00024,531,000629,000-5,398,00015,493,000-7,037,000-6,016,000-14,689,0009,872,00060,143,000
Hire Purchase and Lease Commitments-51,000-51,000-47,000149,000
other long term liabilities
share issue-3,768,0009,386,000-976,000-4,639,000-5,133,000-4,274,000-1,076,000-3,086,000-482,000-20,787,000597,000-2,119,000-2,120,000-3,211,00059,673,000
interest925,0001,046,0001,577,0001,396,0001,801,0001,622,0001,750,0001,882,0001,105,000-1,297,000-6,123,000-5,599,000-5,686,000-3,948,000-424,000
cash flow from financing-20,013,0002,043,000-5,490,000-9,138,0002,903,000-12,142,00025,339,000-859,000-4,062,000-16,760,000-1,061,000-33,629,000-6,098,000-8,392,000136,764,000
cash and cash equivalents
cash-1,017,000-1,866,000-5,385,0006,636,000-2,790,0003,222,0002,563,000-5,021,0008,428,000-483,0001,642,000-9,898,0005,764,0001,389,00012,990,000
overdraft12,103,000156,000258,000-80,000438,000-356,000-15,222,00015,725,000-212,0001,569,000-7,731,0007,557,000164,000241,000
change in cash-13,120,000-2,022,000-5,643,0006,716,000-3,228,0003,578,00017,785,000-20,746,0008,640,000-2,052,0009,373,000-17,455,0005,600,0001,148,00012,990,000

henmead limited Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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Henmead Limited Competitor Analysis

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Perform a competitor analysis for henmead limited by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other mega companies, companies in PR5 area or any other competitors across 12 key performance metrics.

henmead limited Ownership

HENMEAD LIMITED group structure

Henmead Limited has 1 subsidiary company.

Ultimate parent company

ERIC WRIGHT CHARITABLE TRUST

#0080574

1 parent

HENMEAD LIMITED

01350468

1 subsidiary

HENMEAD LIMITED Shareholders

the eric wright charitable trust 100%

henmead limited directors

Henmead Limited currently has 3 directors. The longest serving directors include Mr Richard Wright (Nov 1991) and Mr Jeremy Hartley (Feb 2009).

officercountryagestartendrole
Mr Richard Wright87 years Nov 1991- Director
Mr Jeremy HartleyUnited Kingdom59 years Feb 2009- Director
Mrs Gillian ChadwickUnited Kingdom45 years May 2019- Director

P&L

December 2023

turnover

232.3m

+38%

operating profit

1.1m

-31%

gross margin

8.6%

-27.08%

turnover

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

Balance Sheet

December 2023

net assets

92.2m

-0.03%

total assets

241.8m

+0.05%

cash

16.2m

-0.06%

net assets

Total assets minus all liabilities

henmead limited company details

company number

01350468

Type

Private limited with Share Capital

industry

64209 - Activities of other holding companies (not including agricultural, production, construction, distribution and financial services holding companies) n.e.c.

incorporation date

January 1978

age

47

incorporated

UK

ultimate parent company

ERIC WRIGHT CHARITABLE TRUST

accounts

Group

last accounts submitted

December 2023

previous names

N/A

accountant

-

auditor

RSM UK AUDIT LLP

address

sceptre house, sceptre way, bamber bridge, preston, lancashire, PR5 6AW

Bank

-

Legal Advisor

-

henmead 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 did not find charges/mortgages relating to henmead limited.

henmead limited Capital Raised & Share Issues BETA

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henmead limited Companies House Filings - See Documents

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