Pomanda estimates the enterprise value of HI-REL LIDS LIMITED at £8.3m based on a Turnover of £9.8m and 0.85x industry multiple (adjusted for size and gross margin).
hi-rel lids limitedEstimated Valuation
£12.2m
Pomanda estimates the enterprise value of HI-REL LIDS LIMITED at £12.2m based on an EBITDA of £2.4m and a 5.07x industry multiple (adjusted for size and gross margin).
hi-rel lids limitedEstimated Valuation
£15m
Pomanda estimates the enterprise value of HI-REL LIDS LIMITED at £15m based on Net Assets of £7.6m and 1.98x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Hi-rel Lids LimitedOverview
Hi-rel Lids Limited is a live company located in harleston, IP20 9EA with a Companies House number of 02034839. It operates in the manufacture of electronic components sector, SIC Code 26110. Founded in July 1986, it's largest shareholder is
hi-rel lids ac ltd
with a 100% stake. Hi-rel Lids Limited is a mature,
mid sized company, Pomanda has estimated its turnover at
£9.8m with
healthy
growth in recent years.
Pomanda's financial health check has awarded Hi-Rel Lids Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 6 measures and has 3 areas for improvement. Company Health Check FAQs
Health Rating5out of 5
6 Strong
3 Regular
3 Weak
Size
annual sales of £9.8m, make it smaller than the average company (£20.8m)
£9.8m - Hi-rel Lids Limited
£20.8m - Industry AVG
Growth
3 year (CAGR) sales growth of 8%, show it is growing at a similar rate (7.3%)
8% - Hi-rel Lids Limited
7.3% - Industry AVG
Production
with a gross margin of 26.9%, this company has a comparable cost of product (30.5%)
26.9% - Hi-rel Lids Limited
30.5% - Industry AVG
Profitability
an operating margin of 21.2% make it more profitable than the average company (6.5%)
21.2% - Hi-rel Lids Limited
6.5% - Industry AVG
Employees
with 80 employees, this is similar to the industry average (87)
80 - Hi-rel Lids Limited
87 - Industry AVG
Pay Structure
on an average salary of £29.6k, the company has a lower pay structure (£49.8k)
£29.6k - Hi-rel Lids Limited
£49.8k - Industry AVG
Efficiency
resulting in sales per employee of £122k, this is less efficient (£181.6k)
£122k - Hi-rel Lids Limited
£181.6k - Industry AVG
Debtor Days
it gets paid by customers after 22 days, this is earlier than average (52 days)
22 days - Hi-rel Lids Limited
52 days - Industry AVG
Creditor Days
its suppliers are paid after 23 days, this is quicker than average (38 days)
23 days - Hi-rel Lids Limited
38 days - Industry AVG
Stock Days
it holds stock equivalent to 70 days, this is less than average (92 days)
70 days - Hi-rel Lids Limited
92 days - Industry AVG
Cash Balance
has cash to cover current liabilities
for 30 weeks, this is more cash available to meet short term requirements (16 weeks)
30 weeks - Hi-rel Lids Limited
16 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 12.5%, this is a lower level of debt than the average (41.1%)
12.5% - Hi-rel Lids Limited
41.1% - Industry AVG
HI-REL LIDS LIMITED financials
EXPORT
Hi-Rel Lids Limited's latest turnover from December 2023 is £9.8 million and the company has net assets of £7.6 million. According to their latest financial statements, Hi-Rel Lids Limited has 80 employees and maintains cash reserves of £353 thousand as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Dec 2023
Dec 2022
Dec 2021
Dec 2020
Dec 2019
Dec 2018
Dec 2017
Dec 2016
Dec 2015
Dec 2014
Dec 2013
Sep 2012
Sep 2011
Sep 2010
Sep 2009
Turnover
9,756,753
11,595,792
8,303,183
7,828,746
8,496,895
6,298,278
7,200,052
6,828,517
5,220,238
4,747,444
5,209,254
5,294,071
4,643,931
4,374,211
Other Income Or Grants
Cost Of Sales
7,128,859
7,420,788
5,322,455
4,887,962
5,324,585
4,467,978
4,435,449
4,191,684
3,461,607
3,203,064
3,754,653
3,696,332
3,201,033
3,056,536
Gross Profit
2,627,894
4,175,004
2,980,728
2,940,784
3,172,310
1,830,300
2,764,603
2,636,833
1,758,631
1,544,380
1,454,601
1,597,740
1,442,898
1,317,675
Admin Expenses
559,084
3,586,288
1,267,081
1,497,362
1,625,506
228,268
1,296,792
2,202,143
1,370,266
1,152,883
1,021,596
1,306,534
1,397,793
1,230,213
-1,367,368
Operating Profit
2,068,810
588,716
1,713,647
1,443,422
1,546,804
1,602,032
1,467,811
434,690
388,365
391,497
433,005
291,206
45,105
87,462
1,367,368
Interest Payable
44,729
51,869
45,222
57,740
Interest Receivable
1,998
603
12,074
261,658
216,957
3,159
41,038
221
64
279
1,251
1,050
1,514
968
Pre-Tax Profit
2,070,808
589,319
1,725,721
1,705,080
1,763,761
1,605,191
1,508,849
390,182
336,560
346,554
375,265
292,457
46,155
88,976
1,368,336
Tax
-492,362
-92,393
-373,156
-340,540
-338,944
-304,986
-303,966
-102,427
-78,773
-78,986
-91,856
-70,190
-12,000
-24,913
-383,134
Profit After Tax
1,578,446
496,926
1,352,565
1,364,540
1,424,817
1,300,205
1,204,883
287,755
257,787
267,568
283,409
222,267
34,155
64,063
985,202
Dividends Paid
1,031,539
4,147,982
1,413,404
Retained Profit
1,578,446
496,926
321,026
-2,783,442
1,424,817
1,300,205
1,204,883
287,755
257,787
267,568
-1,129,995
222,267
34,155
64,063
985,202
Employee Costs
2,368,713
5,437,526
1,826,432
1,650,003
1,887,637
2,522,939
2,438,953
2,183,203
1,898,009
1,283,472
1,339,776
1,430,684
1,230,953
1,247,798
Number Of Employees
80
82
66
64
67
62
61
55
48
34
36
41
37
39
EBITDA*
2,400,371
866,549
1,921,027
1,670,393
1,787,547
1,846,447
1,669,583
702,530
574,895
492,808
528,961
363,104
156,505
184,476
1,490,241
* Earnings Before Interest, Tax, Depreciation and Amortisation
Dec 2023
Dec 2022
Dec 2021
Dec 2020
Dec 2019
Dec 2018
Dec 2017
Dec 2016
Dec 2015
Dec 2014
Dec 2013
Sep 2012
Sep 2011
Sep 2010
Sep 2009
Tangible Assets
1,593,668
1,826,381
995,666
1,080,168
787,363
607,580
611,417
611,107
512,522
350,916
157,032
178,140
189,237
158,734
151,032
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
70,376
6,995
Total Fixed Assets
1,664,044
1,833,376
995,666
1,080,168
787,363
607,580
611,417
611,107
512,522
350,916
157,032
178,140
189,237
158,734
151,032
Stock & work in progress
1,371,994
1,341,443
924,028
828,761
1,027,327
925,430
734,698
772,936
456,575
508,813
442,059
448,273
454,067
326,723
283,854
Trade Debtors
610,609
1,367,707
890,909
707,430
826,254
1,148,879
1,210,996
887,436
721,061
897,679
738,668
1,256,714
1,104,514
1,088,990
714,241
Group Debtors
3,849,549
2,333,777
687,985
370,991
2,975,574
1,747,042
725,437
Misc Debtors
793,756
842,441
295,862
284,635
348,323
327,926
295,401
256,853
333,805
209,610
144,924
4,460
Cash
353,005
797,396
841,038
572,103
583,023
519,740
322,730
921,409
198,642
112,592
183,945
298,636
201,667
218,416
387,188
misc current assets
total current assets
6,978,913
6,682,764
3,639,822
2,763,920
5,760,501
4,669,017
3,289,262
2,838,634
1,710,083
1,728,694
1,509,596
2,003,623
1,760,248
1,634,129
1,389,743
total assets
8,642,957
8,516,140
4,635,488
3,844,088
6,547,864
5,276,597
3,900,679
3,449,741
2,222,605
2,079,610
1,666,628
2,181,763
1,949,485
1,792,863
1,540,775
Bank overdraft
Bank loan
Trade Creditors
457,645
600,359
510,467
417,445
429,244
482,182
429,019
316,462
372,038
388,392
330,685
813,076
801,449
680,919
498,971
Group/Directors Accounts
15,948
1,154,325
338,569
393,676
519,845
638,668
524,119
other short term finances
hp & lease commitments
other current liabilities
119,245
243,039
357,796
365,057
335,007
461,276
432,238
926,066
244,402
263,150
305,657
total current liabilities
592,838
1,997,723
1,206,832
782,502
764,251
943,458
861,257
1,636,204
1,136,285
1,290,210
1,160,461
813,076
801,449
680,919
498,971
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
486,085
532,829
201,359
155,315
93,900
68,243
74,731
53,729
64,098
24,965
9,300
8,000
9,616
7,679
1,602
total long term liabilities
486,085
532,829
201,359
155,315
93,900
68,243
74,731
53,729
64,098
24,965
9,300
8,000
9,616
7,679
1,602
total liabilities
1,078,923
2,530,552
1,408,191
937,817
858,151
1,011,701
935,988
1,689,933
1,200,383
1,315,175
1,169,761
821,076
811,065
688,598
500,573
net assets
7,564,034
5,985,588
3,227,297
2,906,271
5,689,713
4,264,896
2,964,691
1,759,808
1,022,222
764,435
496,867
1,360,687
1,138,420
1,104,265
1,040,202
total shareholders funds
7,564,034
5,985,588
3,227,297
2,906,271
5,689,713
4,264,896
2,964,691
1,759,808
1,022,222
764,435
496,867
1,360,687
1,138,420
1,104,265
1,040,202
Dec 2023
Dec 2022
Dec 2021
Dec 2020
Dec 2019
Dec 2018
Dec 2017
Dec 2016
Dec 2015
Dec 2014
Dec 2013
Sep 2012
Sep 2011
Sep 2010
Sep 2009
Operating Activities
Operating Profit
2,068,810
588,716
1,713,647
1,443,422
1,546,804
1,602,032
1,467,811
434,690
388,365
391,497
433,005
291,206
45,105
87,462
1,367,368
Depreciation
331,561
277,833
207,380
226,971
240,743
244,415
201,772
267,840
186,530
101,311
95,956
71,898
111,400
97,014
122,873
Amortisation
Tax
-492,362
-92,393
-373,156
-340,540
-338,944
-304,986
-303,966
-102,427
-78,773
-78,986
-91,856
-70,190
-12,000
-24,913
-383,134
Stock
30,551
417,415
95,267
-198,566
101,897
190,732
-38,238
316,361
-52,238
66,754
-6,214
-5,794
127,344
42,869
283,854
Debtors
773,370
2,676,164
511,700
-2,787,095
926,304
992,013
1,087,545
89,423
-52,423
223,697
-373,122
152,200
15,524
370,289
718,701
Creditors
-142,714
89,892
93,022
-11,799
-52,938
53,163
112,557
-55,576
-16,354
57,707
-482,391
11,627
120,530
181,948
498,971
Accruals and Deferred Income
-123,794
-114,757
-7,261
30,050
-126,269
29,038
-493,828
681,664
-18,748
-42,507
305,657
Deferred Taxes & Provisions
-46,744
331,470
46,044
61,415
25,657
-6,488
21,002
-10,369
39,133
15,665
1,300
-1,616
1,937
6,077
1,602
Cash flow from operations
790,836
-2,012,818
1,072,709
4,395,180
266,852
434,429
-43,959
810,038
604,814
154,236
641,007
156,519
124,104
-65,570
605,125
Investing Activities
capital expenditure
-98,848
-1,108,548
-122,878
-519,776
-420,526
-240,578
-202,082
-366,425
-348,136
-295,195
-74,848
-60,801
-141,903
-104,716
-273,905
Change in Investments
cash flow from investments
-98,848
-1,108,548
-122,878
-519,776
-420,526
-240,578
-202,082
-366,425
-348,136
-295,195
-74,848
-60,801
-141,903
-104,716
-273,905
Financing Activities
Bank loans
Group/Directors Accounts
-1,138,377
815,756
338,569
-393,676
-126,169
-118,823
114,549
524,119
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
share issue
2,261,365
449,831
266,175
55,000
interest
1,998
603
12,074
261,658
216,957
3,159
41,038
-44,508
-51,805
-44,943
-57,740
1,251
1,050
1,514
968
cash flow from financing
-1,136,379
3,077,724
350,643
261,658
216,957
3,159
-352,638
279,154
-170,628
69,606
732,554
1,251
1,050
1,514
55,968
cash and cash equivalents
cash
-444,391
-43,642
268,935
-10,920
63,283
197,010
-598,679
722,767
86,050
-71,353
-114,691
96,969
-16,749
-168,772
387,188
overdraft
change in cash
-444,391
-43,642
268,935
-10,920
63,283
197,010
-598,679
722,767
86,050
-71,353
-114,691
96,969
-16,749
-168,772
387,188
hi-rel lids 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 hi-rel lids limited. Get real-time insights into hi-rel lids limited's credit score, group structure and payment trends.
Perform a competitor analysis for hi-rel lids limited by selecting its closest rivals, whether from the MANUFACTURING sector, other mid companies, companies in IP20 area or any other competitors across 12 key performance metrics.
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 8 charges/mortgages relating to hi-rel lids limited. Currently there are 1 open charges and 7 have been satisfied in the past.
hi-rel lids 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.
Click to start generating capital raising & share issue transactions for HI-REL LIDS LIMITED. This can take several minutes, an email will notify you when this has completed.
hi-rel lids limitedCompanies House Filings - See Documents
