henderson high income trust plc
henderson high income trust plc Company Information
Company Number
02422514
Next Accounts
Jun 2025
Shareholders
undisclosed
hsdl nominees ltd
View AllGroup Structure
View All
Industry
Activities of investment trusts
Registered Address
201 bishopsgate, london, EC2M 3AE
Website
www.hendersonhighincome.comhenderson high income trust plc Estimated Valuation
Pomanda estimates the enterprise value of HENDERSON HIGH INCOME TRUST PLC at £26.2m based on a Turnover of £15.4m and 1.7x industry multiple (adjusted for size and gross margin).
henderson high income trust plc Estimated Valuation
Pomanda estimates the enterprise value of HENDERSON HIGH INCOME TRUST PLC at £157.4m based on an EBITDA of £23.4m and a 6.71x industry multiple (adjusted for size and gross margin).
henderson high income trust plc Estimated Valuation
Pomanda estimates the enterprise value of HENDERSON HIGH INCOME TRUST PLC at £264.1m based on Net Assets of £222.3m and 1.19x industry multiple (adjusted for liquidity).
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Henderson High Income Trust Plc Overview
Henderson High Income Trust Plc is a live company located in london, EC2M 3AE with a Companies House number of 02422514. It operates in the activities of investment trusts sector, SIC Code 64301. Founded in September 1989, it's largest shareholder is undisclosed with a 90% stake. Henderson High Income Trust Plc is a mature, mid sized company, Pomanda has estimated its turnover at £15.4m with healthy growth in recent years.
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Henderson High Income Trust Plc Health Check
Pomanda's financial health check has awarded Henderson High Income Trust Plc a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 2 areas for improvement. Company Health Check FAQs
3 Strong
4 Regular
2 Weak
Size
annual sales of £15.4m, make it larger than the average company (£5.8m)
£15.4m - Henderson High Income Trust Plc
£5.8m - Industry AVG
Growth
3 year (CAGR) sales growth of 7%, show it is growing at a similar rate (7.8%)
7% - Henderson High Income Trust Plc
7.8% - Industry AVG
Production
with a gross margin of 63.4%, this company has a comparable cost of product (63.4%)
63.4% - Henderson High Income Trust Plc
63.4% - Industry AVG
Profitability
an operating margin of 152.3% make it more profitable than the average company (27.8%)
152.3% - Henderson High Income Trust Plc
27.8% - Industry AVG
Employees
with 78 employees, this is above the industry average (6)
- Henderson High Income Trust Plc
6 - Industry AVG
Pay Structure
on an average salary of £50.8k, the company has an equivalent pay structure (£50.8k)
- Henderson High Income Trust Plc
£50.8k - Industry AVG
Efficiency
resulting in sales per employee of £197.4k, this is equally as efficient (£199.6k)
- Henderson High Income Trust Plc
£199.6k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- - Henderson High Income Trust Plc
- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- - Henderson High Income Trust Plc
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Henderson High Income Trust Plc
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 3 weeks, this is less cash available to meet short term requirements (80 weeks)
3 weeks - Henderson High Income Trust Plc
80 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 18.9%, this is a higher level of debt than the average (6.7%)
18.9% - Henderson High Income Trust Plc
6.7% - Industry AVG
HENDERSON HIGH INCOME TRUST PLC financials
Henderson High Income Trust Plc's latest turnover from December 2023 is £15.4 million and the company has net assets of £222.3 million. According to their latest financial statements, we estimate that Henderson High Income Trust Plc has 78 employees and maintains cash reserves of £2 million 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 | Jun 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Nov 2010 | Dec 2009 | Nov 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 15,397,000 | 14,939,000 | 13,568,000 | 12,628,000 | 15,041,000 | 14,329,000 | 31,303,000 | 12,363,000 | 12,094,000 | 10,884,000 | 10,093,000 | 10,080,000 | 8,736,000 | 8,704,000 | 7,415,000 | 6,762,000 | 7,727,000 | |
| Other Income Or Grants | ||||||||||||||||||
| Cost Of Sales | ||||||||||||||||||
| Gross Profit | ||||||||||||||||||
| Admin Expenses | -871,000 | |||||||||||||||||
| Operating Profit | 871,000 | |||||||||||||||||
| Interest Payable | 646,000 | 380,000 | 295,000 | 307,000 | 385,000 | 338,000 | 1,147,000 | 279,000 | 206,000 | 150,000 | 137,000 | 137,000 | 145,000 | 851,000 | 677,000 | 87,000 | 325,000 | |
| Interest Receivable | 6,000 | 35,000 | 12,000 | 57,000 | 27,000 | 126,000 | 13,000 | 13,000 | 48,000 | 372,000 | ||||||||
| Pre-Tax Profit | 13,730,000 | 13,504,000 | 12,249,000 | 11,266,000 | 13,682,000 | 13,007,000 | 28,441,000 | 11,225,000 | 11,034,000 | 9,994,000 | 9,322,000 | 9,322,000 | 7,996,000 | 7,891,000 | 6,706,000 | 6,111,000 | 7,157,000 | 16,674,000 |
| Tax | -247,000 | -81,000 | -104,000 | -231,000 | -63,000 | -71,000 | -79,000 | -159,000 | -97,000 | -177,000 | -207,000 | -207,000 | -233,000 | -310,000 | -317,000 | -281,000 | -732,000 | -13,000 |
| Profit After Tax | 13,483,000 | 13,423,000 | 12,145,000 | 11,035,000 | 13,619,000 | 12,936,000 | 28,362,000 | 11,066,000 | 10,937,000 | 9,817,000 | 9,115,000 | 9,115,000 | 7,763,000 | 7,581,000 | 6,389,000 | 5,830,000 | 6,425,000 | 16,661,000 |
| Dividends Paid | 13,355,000 | 13,039,000 | 12,732,000 | 12,718,000 | 12,511,000 | 12,280,000 | 10,863,000 | 10,131,000 | 9,640,000 | 9,009,000 | 8,261,000 | 8,261,000 | 7,751,000 | 7,409,000 | 7,120,000 | 7,120,000 | 7,094,000 | 7,094,000 |
| Retained Profit | 128,000 | 384,000 | -587,000 | -1,683,000 | 1,108,000 | 656,000 | 17,499,000 | 935,000 | 1,297,000 | 808,000 | 854,000 | 854,000 | 12,000 | 172,000 | -731,000 | -1,290,000 | -669,000 | 9,567,000 |
| Employee Costs | ||||||||||||||||||
| Number Of Employees | ||||||||||||||||||
| EBITDA* | 871,000 |
* 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 | Jun 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Nov 2010 | Dec 2009 | Nov 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 267,966,000 | 116,471,000 | ||||||||||||||||
| Intangible Assets | ||||||||||||||||||
| Investments & Other | 270,007,000 | 260,053,000 | 289,091,000 | 259,844,000 | 305,064,000 | 311,295,000 | 252,990,000 | 241,912,000 | 231,802,000 | 215,334,000 | 215,334,000 | 157,097,000 | 136,388,000 | 138,636,000 | 133,321,000 | 122,881,000 | ||
| Debtors (Due After 1 year) | ||||||||||||||||||
| Total Fixed Assets | 270,007,000 | 260,053,000 | 289,091,000 | 259,844,000 | 305,064,000 | 267,966,000 | 311,295,000 | 252,990,000 | 241,912,000 | 231,802,000 | 215,334,000 | 215,334,000 | 157,097,000 | 136,388,000 | 138,636,000 | 133,321,000 | 122,881,000 | 116,471,000 |
| Stock & work in progress | ||||||||||||||||||
| Trade Debtors | 1,028,000 | 1,509,000 | ||||||||||||||||
| Group Debtors | ||||||||||||||||||
| Misc Debtors | 2,092,000 | 1,928,000 | 1,934,000 | 1,897,000 | 2,069,000 | 1,767,000 | 1,680,000 | 1,340,000 | 1,349,000 | 1,362,000 | 1,476,000 | 1,476,000 | 1,384,000 | 1,703,000 | 1,581,000 | 1,386,000 | ||
| Cash | 1,990,000 | 2,873,000 | 3,942,000 | 595,000 | 2,701,000 | 2,581,000 | 1,245,000 | 1,742,000 | 1,223,000 | 1,860,000 | 184,000 | 184,000 | 3,250,000 | 682,000 | 3,227,000 | 781,000 | 1,345,000 | 905,000 |
| misc current assets | ||||||||||||||||||
| total current assets | 4,082,000 | 4,801,000 | 5,876,000 | 2,492,000 | 4,770,000 | 4,348,000 | 2,925,000 | 3,082,000 | 2,572,000 | 3,222,000 | 1,660,000 | 1,660,000 | 4,634,000 | 2,385,000 | 4,808,000 | 3,195,000 | 2,854,000 | 2,579,000 |
| total assets | 274,089,000 | 264,854,000 | 294,967,000 | 262,336,000 | 309,834,000 | 272,314,000 | 314,220,000 | 256,072,000 | 244,484,000 | 235,024,000 | 216,994,000 | 216,994,000 | 161,731,000 | 138,773,000 | 143,444,000 | 136,516,000 | 125,735,000 | 119,050,000 |
| Bank overdraft | 29,873,000 | 37,967,000 | 40,468,000 | 35,964,000 | 27,781,000 | 25,419,000 | 43,999,000 | 39,125,000 | 39,125,000 | 27,529,000 | 28,200,000 | 30,514,000 | ||||||
| Bank loan | 30,639,000 | 29,141,000 | 37,593,000 | 30,339,000 | ||||||||||||||
| Trade Creditors | 24,972,000 | |||||||||||||||||
| Group/Directors Accounts | ||||||||||||||||||
| other short term finances | 21,512,000 | |||||||||||||||||
| hp & lease commitments | ||||||||||||||||||
| other current liabilities | 1,241,000 | 1,578,000 | 1,291,000 | 1,253,000 | 950,000 | 1,237,000 | 1,200,000 | 762,000 | 2,158,000 | 2,038,000 | 2,521,000 | 2,521,000 | 1,438,000 | 1,703,000 | 218,000 | 307,000 | ||
| total current liabilities | 31,880,000 | 30,719,000 | 38,884,000 | 31,126,000 | 38,917,000 | 41,705,000 | 37,164,000 | 28,543,000 | 27,577,000 | 46,037,000 | 41,646,000 | 41,646,000 | 28,967,000 | 29,903,000 | 30,732,000 | 30,646,000 | 24,972,000 | 21,719,000 |
| loans | 19,867,000 | 19,858,000 | 19,849,000 | 19,813,000 | 19,806,000 | |||||||||||||
| hp & lease commitments | ||||||||||||||||||
| Accruals and Deferred Income | ||||||||||||||||||
| other liabilities | 19,839,000 | 19,829,000 | 19,821,000 | 19,796,000 | ||||||||||||||
| provisions | ||||||||||||||||||
| total long term liabilities | 19,867,000 | 19,858,000 | 19,849,000 | 19,839,000 | 19,829,000 | 19,821,000 | 19,813,000 | 19,806,000 | 19,796,000 | |||||||||
| total liabilities | 51,747,000 | 50,577,000 | 58,733,000 | 50,965,000 | 58,746,000 | 61,526,000 | 56,977,000 | 48,349,000 | 47,373,000 | 46,037,000 | 41,646,000 | 41,646,000 | 28,967,000 | 29,903,000 | 30,732,000 | 30,646,000 | 24,972,000 | 21,719,000 |
| net assets | 222,342,000 | 214,277,000 | 236,234,000 | 211,371,000 | 251,088,000 | 210,788,000 | 257,243,000 | 207,723,000 | 197,111,000 | 188,987,000 | 175,348,000 | 175,348,000 | 132,764,000 | 108,870,000 | 112,712,000 | 105,870,000 | 100,763,000 | 97,331,000 |
| total shareholders funds | 222,342,000 | 214,277,000 | 236,234,000 | 211,371,000 | 251,088,000 | 210,788,000 | 257,243,000 | 207,723,000 | 197,111,000 | 188,987,000 | 175,348,000 | 175,348,000 | 132,764,000 | 108,870,000 | 112,712,000 | 105,870,000 | 100,763,000 | 97,331,000 |
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Jun 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Nov 2010 | Dec 2009 | Nov 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||||||||
| Operating Profit | 871,000 | |||||||||||||||||
| Depreciation | ||||||||||||||||||
| Amortisation | ||||||||||||||||||
| Tax | -247,000 | -81,000 | -104,000 | -231,000 | -63,000 | -71,000 | -79,000 | -159,000 | -97,000 | -177,000 | -207,000 | -207,000 | -233,000 | -310,000 | -317,000 | -281,000 | -732,000 | -13,000 |
| Stock | ||||||||||||||||||
| Debtors | 164,000 | -6,000 | 37,000 | -172,000 | 302,000 | 87,000 | 340,000 | -9,000 | -13,000 | -114,000 | 92,000 | -319,000 | 122,000 | 72,000 | 905,000 | 1,509,000 | ||
| Creditors | -24,972,000 | -24,972,000 | 24,972,000 | |||||||||||||||
| Accruals and Deferred Income | -337,000 | 287,000 | 38,000 | 303,000 | -287,000 | 37,000 | 438,000 | -1,396,000 | 120,000 | -483,000 | 1,083,000 | -265,000 | 1,485,000 | 218,000 | 307,000 | |||
| Deferred Taxes & Provisions | ||||||||||||||||||
| Cash flow from operations | ||||||||||||||||||
| Investing Activities | ||||||||||||||||||
| capital expenditure | -1,551,000 | -25,024,000 | -297,000 | |||||||||||||||
| Change in Investments | 9,954,000 | -29,038,000 | 29,247,000 | -45,220,000 | 305,064,000 | -311,295,000 | 58,305,000 | 11,078,000 | 10,110,000 | 16,468,000 | 58,237,000 | 20,709,000 | -2,248,000 | 15,755,000 | 10,440,000 | 122,881,000 | ||
| cash flow from investments | -9,954,000 | 29,038,000 | -29,247,000 | 45,220,000 | -305,064,000 | 309,744,000 | -83,329,000 | -11,375,000 | -10,110,000 | -16,468,000 | -58,237,000 | -20,709,000 | 2,248,000 | -15,755,000 | -122,881,000 | |||
| Financing Activities | ||||||||||||||||||
| Bank loans | 1,498,000 | -8,452,000 | 37,593,000 | 30,339,000 | ||||||||||||||
| Group/Directors Accounts | ||||||||||||||||||
| Other Short Term Loans | 21,512,000 | |||||||||||||||||
| Long term loans | 9,000 | 9,000 | 19,849,000 | -19,813,000 | 7,000 | 19,806,000 | ||||||||||||
| Hire Purchase and Lease Commitments | ||||||||||||||||||
| other long term liabilities | -19,839,000 | 10,000 | 8,000 | 19,821,000 | -19,796,000 | 19,796,000 | ||||||||||||
| share issue | ||||||||||||||||||
| interest | -646,000 | -380,000 | -295,000 | -307,000 | -379,000 | -303,000 | -1,135,000 | -222,000 | -179,000 | -24,000 | -124,000 | -124,000 | -145,000 | -851,000 | -629,000 | 285,000 | ||
| cash flow from financing | 8,798,000 | -31,164,000 | 62,758,000 | -38,331,000 | 38,821,000 | -47,406,000 | 30,893,000 | 9,465,000 | 26,444,000 | 12,807,000 | -978,000 | 41,606,000 | 23,737,000 | -4,865,000 | 12,051,000 | 36,736,000 | 101,717,000 | |
| cash and cash equivalents | ||||||||||||||||||
| cash | -883,000 | -1,069,000 | 3,347,000 | -2,106,000 | 120,000 | 1,336,000 | -497,000 | 519,000 | -637,000 | 1,676,000 | -3,066,000 | 2,568,000 | -2,545,000 | 1,882,000 | -564,000 | 1,345,000 | 905,000 | |
| overdraft | -29,873,000 | -8,094,000 | -2,501,000 | 4,504,000 | 8,183,000 | 2,362,000 | -18,580,000 | 4,874,000 | 11,596,000 | -671,000 | -2,314,000 | 30,514,000 | ||||||
| change in cash | -883,000 | -1,069,000 | 33,220,000 | 5,988,000 | 2,621,000 | -3,168,000 | -8,680,000 | -1,843,000 | 17,943,000 | -3,198,000 | -14,662,000 | 3,239,000 | -231,000 | -28,632,000 | -564,000 | 1,345,000 | 905,000 |
henderson high income trust plc Credit Report and Business Information
Henderson High Income Trust Plc Competitor Analysis
Perform a competitor analysis for henderson high income trust plc by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other mid companies, companies in EC2M area or any other competitors across 12 key performance metrics.
henderson high income trust plc Ownership
HENDERSON HIGH INCOME TRUST PLC group structure
Henderson High Income Trust Plc has no subsidiary companies.
Ultimate parent company
HENDERSON HIGH INCOME TRUST PLC
02422514
henderson high income trust plc directors
Henderson High Income Trust Plc currently has 7 directors. The longest serving directors include Mrs Zoe King (Apr 2016) and Mr Jeremy Rigg (Apr 2018).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mrs Zoe King | 51 years | Apr 2016 | - | Director | |
| Mr Jeremy Rigg | 58 years | Apr 2018 | - | Director | |
| Mr Jonathan Silver | 67 years | Jan 2019 | - | Director | |
| Mr Richard Cranfield | England | 69 years | Mar 2020 | - | Director |
| Ms Penny Lovell | England | 57 years | Jan 2021 | - | Director |
| Ms Francesca Ecsery | 61 years | Dec 2022 | - | Director | |
| Mrs Preeti Rathi | 38 years | Dec 2024 | - | Director |
P&L
December 2023turnover
15.4m
+3%
operating profit
23.4m
0%
gross margin
63.4%
-8.43%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
222.3m
+0.04%
total assets
274.1m
+0.03%
cash
2m
-0.31%
net assets
Total assets minus all liabilities
henderson high income trust plc company details
company number
02422514
Type
Public limited with Share Capital
industry
64301 - Activities of investment trusts
incorporation date
September 1989
age
36
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
December 2023
previous names
tr high income trust plc (March 1997)
accountant
-
auditor
PRICEWATERHOUSECOOPERS LLP
address
201 bishopsgate, london, EC2M 3AE
Bank
-
Legal Advisor
-
henderson high income trust plc 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 henderson high income trust plc.
henderson high income trust plc 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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henderson high income trust plc Companies House Filings - See Documents
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