Pomanda estimates the enterprise value of HERNER & CO LIMITED at £641k based on a Turnover of £1.1m and 0.56x industry multiple (adjusted for size and gross margin).
herner & co limitedEstimated Valuation
£0
Pomanda estimates the enterprise value of HERNER & CO LIMITED at £0 based on an EBITDA of £-90.8k and a 4.12x industry multiple (adjusted for size and gross margin).
herner & co limitedEstimated Valuation
£363.2k
Pomanda estimates the enterprise value of HERNER & CO LIMITED at £363.2k based on Net Assets of £170.3k and 2.13x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Herner & Co LimitedOverview
Herner & Co Limited is a live company located in whetstone, N20 9HR with a Companies House number of 02540805. It operates in the other business support service activities n.e.c. sector, SIC Code 82990. Founded in September 1990, it's largest shareholder is
richard henry herner
with a 100% stake. Herner & Co Limited is a mature,
small sized company, Pomanda has estimated its turnover at
£1.1m with
declining
growth in recent years.
Pomanda's financial health check has awarded Herner & Co Limited a 2.5 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 7 areas for improvement. Company Health Check FAQs
Health Rating2.5out of 5
2 Strong
3 Regular
7 Weak
Size
annual sales of £1.1m, make it smaller than the average company (£3.7m)
£1.1m - Herner & Co Limited
£3.7m - Industry AVG
Growth
3 year (CAGR) sales growth of -8%, show it is growing at a slower rate (8.2%)
-8% - Herner & Co Limited
8.2% - Industry AVG
Production
with a gross margin of 38.1%, this company has a comparable cost of product (38.1%)
38.1% - Herner & Co Limited
38.1% - Industry AVG
Profitability
an operating margin of -8% make it less profitable than the average company (5.7%)
-8% - Herner & Co Limited
5.7% - Industry AVG
Employees
with 2 employees, this is below the industry average (22)
2 - Herner & Co Limited
22 - Industry AVG
Pay Structure
on an average salary of £46.5k, the company has an equivalent pay structure (£46.5k)
£46.5k - Herner & Co Limited
£46.5k - Industry AVG
Efficiency
resulting in sales per employee of £569.8k, this is more efficient (£145.9k)
£569.8k - Herner & Co Limited
£145.9k - Industry AVG
Debtor Days
it gets paid by customers after 35 days, this is near the average (36 days)
35 days - Herner & Co Limited
36 days - Industry AVG
Creditor Days
its suppliers are paid after 91 days, this is slower than average (33 days)
91 days - Herner & Co Limited
33 days - Industry AVG
Stock Days
it holds stock equivalent to 297 days, this is more than average (28 days)
297 days - Herner & Co Limited
28 days - Industry AVG
Cash Balance
has cash to cover current liabilities
for 2 weeks, this is less cash available to meet short term requirements (26 weeks)
2 weeks - Herner & Co Limited
26 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 76.2%, this is a higher level of debt than the average (58.8%)
76.2% - Herner & Co Limited
58.8% - Industry AVG
HERNER & CO LIMITED financials
EXPORT
Herner & Co Limited's latest turnover from March 2024 is estimated at £1.1 million and the company has net assets of £170.3 thousand. According to their latest financial statements, Herner & Co Limited has 2 employees and maintains cash reserves of £30.3 thousand as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Mar 2024
Mar 2023
Mar 2022
Mar 2021
Mar 2020
Mar 2019
Mar 2018
Mar 2017
Mar 2016
Mar 2015
Mar 2014
Mar 2013
Mar 2012
Mar 2011
Mar 2010
Turnover
1,139,552
1,360,868
926,492
1,440,226
1,607,467
1,796,159
1,274,811
2,563,504
3,308,837
4,127,195
3,327,639
3,449,825
2,600,458
1,481,764
1,187,442
Other Income Or Grants
Cost Of Sales
705,069
834,124
574,777
903,066
995,961
1,117,829
790,252
1,567,489
2,064,115
2,612,637
2,121,266
2,186,829
1,604,366
890,076
707,301
Gross Profit
434,483
526,744
351,715
537,160
611,506
678,330
484,559
996,015
1,244,722
1,514,557
1,206,374
1,262,996
996,092
591,688
480,141
Admin Expenses
525,472
510,693
375,269
479,373
589,418
649,733
453,878
921,209
1,184,432
1,508,158
1,254,998
1,315,647
962,608
495,862
271,948
Operating Profit
-90,989
16,051
-23,554
57,787
22,088
28,597
30,681
74,806
60,290
6,399
-48,624
-52,651
33,484
95,826
208,193
Interest Payable
12,896
20,919
14,725
12,611
11,792
13,881
14,570
15,625
8,548
Interest Receivable
1,063
2,215
603
39
97
1,214
1,593
959
989
490
382
1,187
1,269
492
210
Pre-Tax Profit
-102,822
-2,653
-37,676
45,216
10,393
15,930
17,705
60,140
52,731
6,889
-48,242
-51,464
34,753
96,318
208,403
Tax
-8,591
-1,975
-3,027
-3,364
-12,028
-10,546
-1,447
-9,036
-26,969
-58,353
Profit After Tax
-102,822
-2,653
-37,676
36,625
8,418
12,903
14,341
48,112
42,185
5,442
-48,242
-51,464
25,717
69,349
150,050
Dividends Paid
Retained Profit
-102,822
-2,653
-37,676
36,625
8,418
12,903
14,341
48,112
42,185
5,442
-48,242
-51,464
25,717
69,349
150,050
Employee Costs
93,028
89,534
126,758
40,167
39,774
38,568
36,365
35,565
35,655
1,136,288
952,217
974,094
729,000
445,066
353,889
Number Of Employees
2
2
3
1
1
1
1
1
1
32
27
28
21
13
10
EBITDA*
-90,815
16,284
-23,244
57,834
30,044
39,205
36,796
79,309
66,294
14,404
-42,078
-47,375
40,519
98,708
211,865
* Earnings Before Interest, Tax, Depreciation and Amortisation
Mar 2024
Mar 2023
Mar 2022
Mar 2021
Mar 2020
Mar 2019
Mar 2018
Mar 2017
Mar 2016
Mar 2015
Mar 2014
Mar 2013
Mar 2012
Mar 2011
Mar 2010
Tangible Assets
524
698
931
142
23,869
31,825
42,433
13,509
18,011
24,015
32,020
15,828
21,104
8,134
11,016
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
524
698
931
142
23,869
31,825
42,433
13,509
18,011
24,015
32,020
15,828
21,104
8,134
11,016
Stock & work in progress
575,461
640,324
693,300
839,409
864,208
777,454
912,422
967,039
920,958
924,592
950,431
843,156
570,423
556,551
403,388
Trade Debtors
109,782
207,128
79,653
184,502
199,953
191,988
88,462
258,809
553,352
218,295
126,148
220,375
168,594
21,308
33,023
Group Debtors
Misc Debtors
492
9,142
10,783
590
2,557
7,947
5,409
Cash
30,349
10,159
94,072
66,598
11,802
181,534
142,240
495,141
271,963
123,451
72,585
80,049
394,779
112,780
84,042
misc current assets
10,453
total current assets
716,084
857,611
886,620
1,101,292
1,076,553
1,153,533
1,143,124
1,728,936
1,751,682
1,266,338
1,149,164
1,143,580
1,133,796
690,639
520,453
total assets
716,608
858,309
887,551
1,101,434
1,100,422
1,185,358
1,185,557
1,742,445
1,769,693
1,290,353
1,181,184
1,159,408
1,154,900
698,773
531,469
Bank overdraft
11,395
53,254
35,310
34,466
30,000
30,000
Bank loan
30,000
30,000
30,000
Trade Creditors
176,046
136,017
115,071
166,097
201,392
383,341
235,706
654,933
477,544
928,889
783,408
708,337
626,077
479,372
372,704
Group/Directors Accounts
217,024
117,728
119,827
203,685
other short term finances
3
768
99
62,500
62,500
62,500
hp & lease commitments
6,437
6,866
7,490
3,701
3,701
other current liabilities
122,686
132,750
167,423
191,389
413,311
303,720
445,391
598,959
822,004
total current liabilities
527,154
440,517
437,631
595,736
651,140
723,927
781,087
1,350,093
1,395,749
928,889
783,408
708,337
626,077
479,372
372,704
loans
19,167
144,683
174,158
192,260
156,635
170,000
118,791
144,506
170,503
hp & lease commitments
15,834
23,036
30,187
6,695
10,402
Accruals and Deferred Income
other liabilities
210,610
252,364
257,417
283,705
8,713
provisions
total long term liabilities
19,167
144,683
174,158
192,260
172,469
193,036
148,978
151,201
180,905
210,610
252,364
257,417
283,705
8,713
total liabilities
546,321
585,200
611,789
787,996
823,609
916,963
930,065
1,501,294
1,576,654
1,139,499
1,035,772
965,754
909,782
479,372
381,417
net assets
170,287
273,109
275,762
313,438
276,813
268,395
255,492
241,151
193,039
150,854
145,412
193,654
245,118
219,401
150,052
total shareholders funds
170,287
273,109
275,762
313,438
276,813
268,395
255,492
241,151
193,039
150,854
145,412
193,654
245,118
219,401
150,052
Mar 2024
Mar 2023
Mar 2022
Mar 2021
Mar 2020
Mar 2019
Mar 2018
Mar 2017
Mar 2016
Mar 2015
Mar 2014
Mar 2013
Mar 2012
Mar 2011
Mar 2010
Operating Activities
Operating Profit
-90,989
16,051
-23,554
57,787
22,088
28,597
30,681
74,806
60,290
6,399
-48,624
-52,651
33,484
95,826
208,193
Depreciation
174
233
310
47
7,956
10,608
6,115
4,503
6,004
8,005
6,546
5,276
7,035
2,882
3,672
Amortisation
Tax
-8,591
-1,975
-3,027
-3,364
-12,028
-10,546
-1,447
-9,036
-26,969
-58,353
Stock
-64,863
-52,976
-146,109
-24,799
86,754
-134,968
-54,617
46,081
-3,634
-25,839
107,275
272,733
13,872
153,163
403,388
Debtors
-96,854
118,333
-106,490
-5,258
5,998
106,083
-178,294
-292,005
340,466
92,147
-94,227
51,781
147,286
-11,715
33,023
Creditors
40,029
20,946
-51,026
-35,295
-181,949
147,635
-419,227
177,389
-451,345
145,481
75,071
82,260
146,705
106,668
372,704
Accruals and Deferred Income
-10,064
-34,673
-23,966
-221,922
109,591
-141,671
-153,568
-223,045
822,004
Deferred Taxes & Provisions
Cash flow from operations
100,867
-62,800
154,363
-177,917
-137,041
71,027
-306,452
267,549
89,575
92,130
19,945
-289,629
17,030
36,959
89,805
Investing Activities
capital expenditure
-1,099
23,680
-35,039
-1
-22,738
-20,005
-14,688
Change in Investments
cash flow from investments
-1,099
23,680
-35,039
-1
-22,738
-20,005
-14,688
Financing Activities
Bank loans
-30,000
30,000
-30,000
30,000
Group/Directors Accounts
99,296
-2,099
-83,858
203,685
Other Short Term Loans
-765
768
-99
99
-62,500
62,500
Long term loans
-125,516
-29,475
-18,102
35,625
-13,365
51,209
-25,715
-25,997
170,503
Hire Purchase and Lease Commitments
-22,271
-7,631
-7,775
27,281
-3,707
14,103
other long term liabilities
-210,610
-41,754
-5,053
-26,288
283,705
-8,713
8,713
share issue
2
interest
-11,833
-18,704
-14,122
-12,572
-11,695
-12,667
-12,977
-14,666
-7,559
490
382
1,187
1,269
492
210
cash flow from financing
-38,818
-49,510
-116,181
174,566
-2,691
-31,733
-41,411
-44,370
58,937
-41,264
-4,671
-25,101
284,974
-8,221
8,925
cash and cash equivalents
cash
20,190
-83,913
27,474
54,796
-169,732
39,294
-352,901
223,178
148,512
50,866
-7,464
-314,730
281,999
28,738
84,042
overdraft
-41,859
17,944
844
34,466
-30,000
30,000
change in cash
62,049
-101,857
26,630
20,330
-139,732
39,294
-382,901
223,178
148,512
50,866
-7,464
-314,730
281,999
28,738
84,042
herner & co 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 herner & co limited. Get real-time insights into herner & co limited's credit score, group structure and payment trends.
Perform a competitor analysis for herner & co limited by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other small companies, companies in N20 area or any other competitors across 12 key performance metrics.
herner & co limited Ownership
HERNER & CO LIMITED group structure
Herner & Co Limited has no subsidiary companies.
Ultimate parent company
HERNER & CO LIMITED
02540805
HERNER & CO LIMITED Shareholders
The sole shareholder of Herner & Co Limited is Richard Henry Herner.
richard henry herner
100%
herner & co limited directors
Herner & Co Limited currently has 1 director, Mr Richard Herner serving since Sep 1991.
82990 - Other business support service activities n.e.c.
incorporation date
September 1990
age
35
incorporated
UK
ultimate parent company
None
accounts
Total Exemption Full
last accounts submitted
March 2024
previous names
r h herner & co limited (April 2000)
richard herner limited (September 1992)
accountant
GEEN & PETER (UK) LTD
auditor
-
address
the limes, 1339 high road, whetstone, london, N20 9HR
Bank
-
Legal Advisor
-
herner & co 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 herner & co limited.
herner & co 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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herner & co limitedCompanies House Filings - See Documents
