t. baden hardstaff limited
t. baden hardstaff limited Company Information
Company Number
01398234
Next Accounts
Feb 2025
Shareholders
mr trevor lee fletcher
mrs linda ann fletcher
Group Structure
View All
Industry
Freight transport by road
Registered Address
2nd floor 45 church street, birmingham, B3 2RT
Website
hardstaffgroup.co.ukt. baden hardstaff limited Estimated Valuation
Pomanda estimates the enterprise value of T. BADEN HARDSTAFF LIMITED at £19.4m based on a Turnover of £24.4m and 0.79x industry multiple (adjusted for size and gross margin).
t. baden hardstaff limited Estimated Valuation
Pomanda estimates the enterprise value of T. BADEN HARDSTAFF LIMITED at £9.8m based on an EBITDA of £1.7m and a 5.61x industry multiple (adjusted for size and gross margin).
t. baden hardstaff limited Estimated Valuation
Pomanda estimates the enterprise value of T. BADEN HARDSTAFF LIMITED at £10.9m based on Net Assets of £4.1m and 2.66x industry multiple (adjusted for liquidity).
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T. Baden Hardstaff Limited Overview
T. Baden Hardstaff Limited is a dissolved company that was located in birmingham, B3 2RT with a Companies House number of 01398234. It operated in the freight transport by road sector, SIC Code 49410. Founded in November 1978, it's largest shareholder was mr trevor lee fletcher with a 89.4% stake. The last turnover for T. Baden Hardstaff Limited was estimated at £24.4m.
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T. Baden Hardstaff Limited Health Check
Pomanda's financial health check has awarded T. Baden Hardstaff Limited a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 6 measures and has 4 areas for improvement. Company Health Check FAQs
6 Strong
2 Regular
4 Weak
Size
annual sales of £24.4m, make it larger than the average company (£7.8m)
£24.4m - T. Baden Hardstaff Limited
£7.8m - Industry AVG
Growth
3 year (CAGR) sales growth of 8%, show it is growing at a similar rate (7.4%)
8% - T. Baden Hardstaff Limited
7.4% - Industry AVG
Production
with a gross margin of 20.4%, this company has a comparable cost of product (18.5%)
20.4% - T. Baden Hardstaff Limited
18.5% - Industry AVG
Profitability
an operating margin of -0.8% make it less profitable than the average company (3.6%)
-0.8% - T. Baden Hardstaff Limited
3.6% - Industry AVG
Employees
with 183 employees, this is above the industry average (91)
183 - T. Baden Hardstaff Limited
91 - Industry AVG
Pay Structure
on an average salary of £37.4k, the company has a higher pay structure (£29.8k)
£37.4k - T. Baden Hardstaff Limited
£29.8k - Industry AVG
Efficiency
resulting in sales per employee of £133.3k, this is more efficient (£112.5k)
£133.3k - T. Baden Hardstaff Limited
£112.5k - Industry AVG
Debtor Days
it gets paid by customers after 43 days, this is earlier than average (59 days)
43 days - T. Baden Hardstaff Limited
59 days - Industry AVG
Creditor Days
its suppliers are paid after 85 days, this is slower than average (36 days)
85 days - T. Baden Hardstaff Limited
36 days - Industry AVG
Stock Days
it holds stock equivalent to 25 days, this is more than average (2 days)
25 days - T. Baden Hardstaff Limited
2 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 10 weeks, this is more cash available to meet short term requirements (6 weeks)
10 weeks - T. Baden Hardstaff Limited
6 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 75%, this is a higher level of debt than the average (67.6%)
75% - T. Baden Hardstaff Limited
67.6% - Industry AVG
T. BADEN HARDSTAFF LIMITED financials
T. Baden Hardstaff Limited's latest turnover from March 2013 is £24.4 million and the company has net assets of £4.1 million. According to their latest financial statements, T. Baden Hardstaff Limited has 183 employees and maintains cash reserves of £1.8 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|
| Turnover | 24,398,683 | 22,340,608 | 21,734,124 | 19,207,612 |
| Other Income Or Grants | 0 | 0 | 0 | 0 |
| Cost Of Sales | 19,411,727 | 17,637,118 | 16,655,868 | 14,069,955 |
| Gross Profit | 4,986,956 | 4,703,490 | 5,078,256 | 5,137,657 |
| Admin Expenses | 5,186,927 | 5,251,030 | 4,308,010 | 4,097,979 |
| Operating Profit | -199,971 | -547,540 | 770,246 | 1,039,678 |
| Interest Payable | 361,948 | 376,190 | 299,245 | 272,541 |
| Interest Receivable | 0 | 0 | 0 | 0 |
| Pre-Tax Profit | -561,919 | -1,297,875 | -749,422 | 767,137 |
| Tax | 354,355 | 349,271 | 73,007 | -161,274 |
| Profit After Tax | -207,564 | -948,604 | -676,415 | 605,863 |
| Dividends Paid | 0 | 0 | 0 | 100,000 |
| Retained Profit | -207,564 | -948,604 | -676,415 | 505,863 |
| Employee Costs | 6,848,563 | 7,328,538 | 6,923,191 | 6,864,395 |
| Number Of Employees | 183 | 189 | 189 | 193 |
| EBITDA* | 1,742,913 | 1,561,416 | 3,261,062 | 3,208,587 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|
| Tangible Assets | 8,474,199 | 9,925,588 | 10,590,634 | 10,914,758 |
| Intangible Assets | 297,889 | 400,511 | 98,605 | 995,166 |
| Investments & Other | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 8,772,088 | 10,326,099 | 10,689,239 | 11,909,924 |
| Stock & work in progress | 1,336,904 | 1,527,000 | 1,808,497 | 1,763,927 |
| Trade Debtors | 2,931,752 | 3,425,317 | 3,813,976 | 3,220,850 |
| Group Debtors | 0 | 14,255 | 0 | 0 |
| Misc Debtors | 1,538,128 | 1,204,572 | 616,873 | 563,971 |
| Cash | 1,816,239 | 47,382 | 948,417 | 1,231,919 |
| misc current assets | 0 | 0 | 0 | 0 |
| total current assets | 7,623,023 | 6,218,526 | 7,187,763 | 6,780,667 |
| total assets | 16,395,111 | 16,544,625 | 17,877,002 | 18,690,591 |
| Bank overdraft | 1,381,312 | 2,393,150 | 2,338,971 | 1,724,747 |
| Bank loan | 200,000 | 217,429 | 0 | 0 |
| Trade Creditors | 4,545,280 | 2,833,899 | 2,684,489 | 2,427,568 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 |
| hp & lease commitments | 966,577 | 924,243 | 1,088,167 | 1,225,915 |
| other current liabilities | 2,200,619 | 2,327,141 | 2,599,230 | 3,331,009 |
| total current liabilities | 9,293,788 | 8,695,862 | 8,710,857 | 8,709,239 |
| loans | 1,350,000 | 1,470,000 | 1,590,000 | 1,074,231 |
| hp & lease commitments | 1,399,016 | 1,563,015 | 1,813,262 | 2,047,272 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 |
| provisions | 252,122 | 503,490 | 502,021 | 541,507 |
| total long term liabilities | 3,001,138 | 3,536,505 | 3,905,283 | 3,663,010 |
| total liabilities | 12,294,926 | 12,232,367 | 12,616,140 | 12,372,249 |
| net assets | 4,100,185 | 4,312,258 | 5,260,862 | 6,318,342 |
| total shareholders funds | 4,100,185 | 4,312,258 | 5,260,862 | 6,318,342 |
| Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|
| Operating Activities | ||||
| Operating Profit | -199,971 | -547,540 | 770,246 | 1,039,678 |
| Depreciation | 1,840,262 | 2,057,684 | 2,175,108 | 1,921,809 |
| Amortisation | 102,622 | 51,272 | 315,708 | 247,100 |
| Tax | 354,355 | 349,271 | 73,007 | -161,274 |
| Stock | -190,096 | -281,497 | 44,570 | 1,763,927 |
| Debtors | -174,264 | 213,295 | 646,028 | 3,784,821 |
| Creditors | 1,711,381 | 149,410 | 256,921 | 2,427,568 |
| Accruals and Deferred Income | -126,522 | -272,089 | -731,779 | 3,331,009 |
| Deferred Taxes & Provisions | -251,368 | 1,469 | -39,486 | 541,507 |
| Cash flow from operations | 3,795,119 | 1,857,679 | 2,129,127 | 3,798,649 |
| Investing Activities | ||||
| capital expenditure | 757,763 | -678,771 | -1,684,753 | -1,145,872 |
| Change in Investments | 0 | 0 | 0 | 0 |
| cash flow from investments | 757,763 | -678,771 | -1,684,753 | -1,145,872 |
| Financing Activities | ||||
| Bank loans | -17,429 | 217,429 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 |
| Long term loans | -120,000 | -120,000 | 515,769 | 1,074,231 |
| Hire Purchase and Lease Commitments | -121,665 | -414,171 | -371,758 | 3,273,187 |
| other long term liabilities | 0 | 0 | 0 | 0 |
| share issue | ||||
| interest | -361,948 | -376,190 | -299,245 | -272,541 |
| cash flow from financing | -625,551 | -692,932 | -536,299 | 9,887,356 |
| cash and cash equivalents | ||||
| cash | 1,768,857 | -901,035 | -283,502 | 1,231,919 |
| overdraft | -1,011,838 | 54,179 | 614,224 | 1,724,747 |
| change in cash | 2,780,695 | -955,214 | -897,726 | -492,828 |
t. baden hardstaff limited Credit Report and Business Information
T. Baden Hardstaff Limited Competitor Analysis
Perform a competitor analysis for t. baden hardstaff limited by selecting its closest rivals, whether from the TRANSPORTATION AND STORAGE sector, other undefined companies, companies in B 3 area or any other competitors across 12 key performance metrics.
t. baden hardstaff limited Ownership
T. BADEN HARDSTAFF LIMITED group structure
T. Baden Hardstaff Limited has 1 subsidiary company.
Ultimate parent company
T. BADEN HARDSTAFF LIMITED
01398234
1 subsidiary
t. baden hardstaff limited directors
T. Baden Hardstaff Limited currently has 3 directors. The longest serving directors include Mr Trevor Fletcher (Aug 1991) and Mr Neil Whittaker (Dec 2013).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Trevor Fletcher | 71 years | Aug 1991 | - | Director | |
| Mr Neil Whittaker | England | 63 years | Dec 2013 | - | Director |
| Mr Mark Llewellyn | England | 52 years | Dec 2013 | - | Director |
P&L
March 2013turnover
24.4m
+9%
operating profit
-200k
-63%
gross margin
20.5%
-2.92%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2013net assets
4.1m
-0.05%
total assets
16.4m
-0.01%
cash
1.8m
+37.33%
net assets
Total assets minus all liabilities
t. baden hardstaff limited company details
company number
01398234
Type
Private limited with Share Capital
industry
49410 - Freight transport by road
incorporation date
November 1978
age
47
incorporated
UK
ultimate parent company
accounts
Group
last accounts submitted
March 2013
previous names
N/A
accountant
-
auditor
-
address
2nd floor 45 church street, birmingham, B3 2RT
Bank
LEUMI ABL LIMITED
Legal Advisor
-
t. baden hardstaff 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 24 charges/mortgages relating to t. baden hardstaff limited. Currently there are 5 open charges and 19 have been satisfied in the past.
t. baden hardstaff 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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t. baden hardstaff limited Companies House Filings - See Documents
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