haymarket group limited

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haymarket group limited Company Information

Share HAYMARKET GROUP LIMITED

Company Number

02809261

Shareholders

lord michael ray dibdin heseltine

trustee of the m r d heseltine children's settlement trust

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Group Structure

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Industry

Activities of head offices

 

Registered Address

bridge house 69 london road, twickenham, TW1 3SP

Website

-

haymarket group limited Estimated Valuation

£183m

Pomanda estimates the enterprise value of HAYMARKET GROUP LIMITED at £183m based on a Turnover of £183m and 1x industry multiple (adjusted for size and gross margin).

haymarket group limited Estimated Valuation

£108.2m

Pomanda estimates the enterprise value of HAYMARKET GROUP LIMITED at £108.2m based on an EBITDA of £14.1m and a 7.69x industry multiple (adjusted for size and gross margin).

haymarket group limited Estimated Valuation

£109.6m

Pomanda estimates the enterprise value of HAYMARKET GROUP LIMITED at £109.6m based on Net Assets of £51.1m and 2.14x industry multiple (adjusted for liquidity).

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Haymarket Group Limited Overview

Haymarket Group Limited is a live company located in twickenham, TW1 3SP with a Companies House number of 02809261. It operates in the activities of head offices sector, SIC Code 70100. Founded in April 1993, it's largest shareholder is lord michael ray dibdin heseltine with a 58.4% stake. Haymarket Group Limited is a mature, mega sized company, Pomanda has estimated its turnover at £183m with healthy growth in recent years.

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Haymarket Group Limited Health Check

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

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Health Rating4out of 5
positive_score

4 Strong

positive_score

3 Regular

positive_score

5 Weak

size

Size

annual sales of £183m, make it larger than the average company (£21.1m)

£183m - Haymarket Group Limited

£21.1m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 7%, show it is growing at a slower rate (9.7%)

7% - Haymarket Group Limited

9.7% - Industry AVG

production

Production

with a gross margin of 26.1%, this company has a higher cost of product (33.5%)

26.1% - Haymarket Group Limited

33.5% - Industry AVG

profitability

Profitability

an operating margin of 5.2% make it as profitable than the average company (5.9%)

5.2% - Haymarket Group Limited

5.9% - Industry AVG

employees

Employees

with 1361 employees, this is above the industry average (116)

1361 - Haymarket Group Limited

116 - Industry AVG

paystructure

Pay Structure

on an average salary of £75.6k, the company has a higher pay structure (£50k)

£75.6k - Haymarket Group Limited

£50k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £134.5k, this is less efficient (£200k)

£134.5k - Haymarket Group Limited

£200k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 47 days, this is near the average (45 days)

47 days - Haymarket Group Limited

45 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 17 days, this is quicker than average (42 days)

17 days - Haymarket Group Limited

42 days - Industry AVG

stockdays

Stock Days

it holds stock equivalent to 0 days, this is less than average (46 days)

0 days - Haymarket Group Limited

46 days - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 33 weeks, this is more cash available to meet short term requirements (16 weeks)

33 weeks - Haymarket Group Limited

16 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 54.9%, this is a similar level of debt than the average (54.5%)

54.9% - Haymarket Group Limited

54.5% - Industry AVG

HAYMARKET GROUP LIMITED financials

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Haymarket Group Limited's latest turnover from June 2024 is £183 million and the company has net assets of £51.1 million. According to their latest financial statements, Haymarket Group Limited has 1,361 employees and maintains cash reserves of £35.6 million as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Jun 2024Jun 2023Jun 2022Jun 2021Jun 2020Jun 2019Jun 2018Jun 2017Jun 2016Jun 2015Jun 2014Jun 2013Dec 2011Dec 2010Dec 2009
Turnover182,990,000183,148,000165,927,000147,727,000142,588,000153,087,000163,467,000172,738,000186,461,000184,287,000187,008,000318,227,000218,595,000230,661,000221,753,000
Other Income Or Grants
Cost Of Sales135,276,000134,076,000118,058,000104,585,000109,571,000121,059,000132,473,000146,637,000149,426,000144,197,000148,238,000273,109,000178,099,000189,502,000189,574,000
Gross Profit47,714,00049,072,00047,869,00043,142,00033,017,00032,028,00030,994,00026,101,00037,035,00040,090,00038,770,00045,118,00040,496,00041,159,00032,179,000
Admin Expenses38,233,00040,973,00036,923,00032,853,00041,676,00032,780,00035,578,00010,085,00032,767,00036,700,00034,550,00036,532,00022,014,00024,679,00023,443,000
Operating Profit9,481,0008,099,00010,946,00010,289,000-8,659,000-752,000-4,584,00016,016,0004,268,0003,390,0004,220,0008,586,00018,482,00016,480,0008,736,000
Interest Payable620,0002,027,0004,921,0003,502,0002,013,0002,789,0001,422,0002,032,0005,471,0006,332,0009,247,00016,319,00011,256,00010,472,00010,098,000
Interest Receivable2,135,0003,254,0004,764,0003,094,0001,712,0001,419,00089,00015,000748,00072,00055,00076,00043,0004,00034,000
Pre-Tax Profit11,470,0009,694,00011,193,00012,909,0003,885,00015,181,0008,039,00015,909,0001,712,000-2,585,00011,076,000-7,612,0007,193,0005,153,000-3,686,000
Tax-2,980,000-2,544,000-2,123,000-3,242,000-5,194,000-2,179,000-2,573,0001,097,000347,000573,000-2,760,0003,068,000-3,144,000-861,000-1,093,000
Profit After Tax8,490,0007,150,0009,070,0009,667,000-1,309,00013,002,0005,466,00017,006,0002,059,000-2,012,0008,316,000-4,544,0004,049,0004,292,000-4,779,000
Dividends Paid3,000,0003,000,0003,000,0002,000,0001,500,0002,000,0002,000,0002,000,0001,900,0001,100,0002,000,0002,000,0002,000,0002,250,000
Retained Profit5,512,0004,147,0006,003,0007,690,000-2,748,00010,992,0003,484,00015,015,000122,000-3,147,0008,285,000-6,585,0001,947,0002,216,000-7,053,000
Employee Costs102,850,00090,015,00086,883,00075,081,00076,782,00078,880,00083,747,00089,074,00090,969,00080,575,00079,676,000132,167,00083,856,00088,712,00086,651,000
Number Of Employees1,3611,3411,2711,2231,2881,3951,4401,5731,6731,6621,7051,8571,8761,9452,053
EBITDA*14,077,00012,929,00016,025,00015,647,000-2,884,0004,515,0001,289,00022,920,00013,948,00012,633,00013,444,00032,747,00029,144,00027,480,00020,178,000

* Earnings Before Interest, Tax, Depreciation and Amortisation

Jun 2024Jun 2023Jun 2022Jun 2021Jun 2020Jun 2019Jun 2018Jun 2017Jun 2016Jun 2015Jun 2014Jun 2013Dec 2011Dec 2010Dec 2009
Tangible Assets19,490,00018,604,00017,527,00016,719,00017,855,00018,901,00019,741,00020,874,00019,016,00096,896,00041,906,00069,565,00054,290,00054,712,00055,475,000
Intangible Assets10,548,00011,048,00012,223,00012,688,00014,329,00015,125,0007,684,00010,040,00011,852,00016,347,00016,667,00030,373,00046,949,00054,560,00061,144,000
Investments & Other2,934,0001,434,000946,000774,000598,000629,0002,519,0001,542,000166,000164,000235,000465,0001,193,0001,492,0001,450,000
Debtors (Due After 1 year)5,771,0007,004,0007,313,0007,191,0005,672,0007,928,0008,022,00010,653,0008,627,0007,094,0004,329,0005,372,0003,700,0003,528,0003,630,000
Total Fixed Assets38,743,00038,090,00038,009,00037,372,00038,454,00042,583,00037,966,00043,109,00039,661,000120,501,00063,137,000105,775,000106,132,000114,292,000121,699,000
Stock & work in progress164,000250,000245,000140,000176,000250,000396,000630,000743,000755,000711,0001,041,0001,971,0002,500,0001,387,000
Trade Debtors23,815,00024,756,00027,700,00022,175,00018,331,00024,099,00026,273,00027,315,00031,070,00023,537,00025,121,00032,863,00030,107,00031,285,00030,967,000
Group Debtors18,0001,015,000494,000566,000483,000593,000418,0001,829,0002,352,0002,071,0001,586,000
Misc Debtors15,381,00013,107,00012,358,00010,493,00010,133,00011,532,0009,656,00012,198,00014,271,00017,783,00013,707,00015,457,00016,312,00015,132,00016,483,000
Cash35,570,00047,038,00043,639,00037,930,00024,806,00019,704,0005,331,0008,227,0004,300,0009,741,00013,517,0009,226,0009,797,00010,003,00015,042,000
misc current assets
total current assets74,930,00085,169,00083,942,00070,738,00053,446,00056,600,00042,150,00048,936,00050,867,00052,409,00053,474,00060,416,00060,539,00060,991,00065,465,000
total assets113,673,000123,259,000121,951,000108,110,00091,900,00099,183,00080,116,00092,045,00090,528,000172,910,000116,611,000166,191,000166,671,000175,283,000187,164,000
Bank overdraft2,706,0003,721,0003,110,0004,537,00011,002,0007,796,0002,557,000
Bank loan9,524,0003,000,0004,000,00098,570,00098,823,00032,000,0005,750,0008,000,0005,000,000
Trade Creditors 6,534,0008,191,0008,038,0005,992,0005,832,0007,651,0008,156,00013,672,0008,541,0004,121,0004,158,0005,779,0007,323,0008,563,00010,993,000
Group/Directors Accounts231,000279,000695,000630,000
other short term finances467,0001,397,0002,216,000
hp & lease commitments
other current liabilities48,356,00061,236,00050,157,00045,595,00043,275,00043,161,00039,620,00042,851,00049,105,00049,731,00049,030,00053,758,00062,787,00014,428,00015,755,000
total current liabilities54,890,00069,427,00058,195,00051,587,00049,338,00060,615,00054,177,00061,620,00059,043,000158,359,000155,121,00096,074,00086,862,00038,787,00034,305,000
loans4,950,0004,950,0004,950,0004,950,0004,950,0004,950,0006,000,00011,200,00027,600,0007,958,0006,000,000115,984,000133,844,000136,129,000149,589,000
hp & lease commitments
Accruals and Deferred Income1,971,0002,007,00012,998,00010,098,0001,402,0001,517,000596,0001,023,0001,210,0001,180,0001,184,0001,593,0001,242,00057,612,00064,401,000
other liabilities
provisions608,0001,150,0001,569,0006,921,0007,377,000641,000712,0005,995,0002,076,000
total long term liabilities7,529,0008,107,00019,517,00021,969,00013,729,0006,467,0006,596,00012,864,00029,522,00015,133,0009,260,000117,577,000135,086,000193,741,000213,990,000
total liabilities62,419,00077,534,00077,712,00073,556,00063,067,00067,082,00060,773,00074,484,00088,565,000173,492,000164,381,000213,651,000221,948,000232,528,000248,295,000
net assets51,147,00045,596,00044,113,00034,495,00028,751,00031,958,00019,210,00017,410,0001,803,000-705,000-47,858,000-47,517,000-55,371,000-57,327,000-61,185,000
total shareholders funds51,147,00045,596,00044,113,00034,495,00028,751,00031,958,00019,210,00017,410,0001,803,000-705,000-47,858,000-47,517,000-55,371,000-57,327,000-61,185,000
Jun 2024Jun 2023Jun 2022Jun 2021Jun 2020Jun 2019Jun 2018Jun 2017Jun 2016Jun 2015Jun 2014Jun 2013Dec 2011Dec 2010Dec 2009
Operating Activities
Operating Profit9,481,0008,099,00010,946,00010,289,000-8,659,000-752,000-4,584,00016,016,0004,268,0003,390,0004,220,0008,586,00018,482,00016,480,0008,736,000
Depreciation1,875,0001,861,0001,702,0001,643,0002,030,0002,084,0002,362,0002,625,0002,669,0005,986,0005,558,0008,437,0005,275,0005,274,0004,716,000
Amortisation2,721,0002,969,0003,377,0003,715,0003,745,0003,183,0003,511,0004,279,0007,011,0003,257,0003,666,00015,724,0005,387,0005,726,0006,726,000
Tax-2,980,000-2,544,000-2,123,000-3,242,000-5,194,000-2,179,000-2,573,0001,097,000347,000573,000-2,760,0003,068,000-3,144,000-861,000-1,093,000
Stock-86,0005,000105,000-36,000-74,000-146,000-234,000-113,000-12,00044,000-330,0001,041,000-529,0001,113,0001,387,000
Debtors82,000-2,486,0007,512,0005,723,000-10,438,000129,000-6,287,000-3,719,0005,444,0005,432,000-11,946,00055,521,000455,000-650,00052,666,000
Creditors-1,657,000153,0002,046,000160,000-1,819,000-505,000-5,516,0005,131,0004,420,000-37,000-1,621,0005,779,000-1,240,000-2,430,00010,993,000
Accruals and Deferred Income-12,916,00088,0007,462,00011,016,000-1,0004,462,000-3,658,000-6,441,000-596,000697,000-5,137,00055,351,000-8,011,000-8,116,00080,156,000
Deferred Taxes & Provisions-542,000-419,000-5,352,000-456,0007,377,000-641,000-71,000-5,283,0003,919,0002,076,000
Cash flow from operations-4,014,00012,688,00010,441,00017,438,0007,991,0006,310,000-4,578,00026,468,0007,404,00012,309,00018,278,00040,383,00016,823,00015,610,00056,181,000
Investing Activities
capital expenditure6,829,00013,680,00074,218,000-3,994,00034,041,000-5,310,000-6,974,000-8,652,000-2,464,000
Change in Investments1,500,000488,000172,000176,000-31,000-1,890,000977,0001,376,0002,000-71,000-230,000465,000-299,00042,0001,450,000
cash flow from investments-1,500,000-488,000-172,000-176,00031,0001,890,0005,852,00012,304,00074,216,000-3,923,00034,271,000-5,775,000-6,675,000-8,694,000-3,914,000
Financing Activities
Bank loans-9,524,0006,524,000-1,000,0004,000,000-98,570,000-253,00066,823,00032,000,000-2,250,0003,000,0005,000,000
Group/Directors Accounts-231,000-48,000-416,00065,000630,000
Other Short Term Loans -467,000-930,000-819,0002,216,000
Long term loans-1,050,000-5,200,000-16,400,00019,642,0001,958,000-109,984,000115,984,000-2,285,000-13,460,000149,589,000
Hire Purchase and Lease Commitments
other long term liabilities
share issue39,000-2,664,0003,615,000-1,946,000-459,0001,756,000-1,684,000592,0002,386,00050,300,000-8,626,000-40,932,0009,0001,642,000-54,132,000
interest1,515,0001,227,000-157,000-408,000-301,000-1,370,000-1,333,000-2,017,000-4,723,000-6,260,000-9,192,000-16,243,000-11,213,000-10,468,000-10,064,000
cash flow from financing1,554,000-1,437,0003,458,000-2,585,000-10,332,0005,444,000-9,619,000-14,125,000-82,084,00047,961,000-60,979,00090,809,000-15,739,000-19,286,00090,393,000
cash and cash equivalents
cash-11,468,0003,399,0005,709,00013,124,0005,102,00014,373,000-2,896,0003,927,000-5,441,000-3,776,0004,291,0009,226,000-206,000-5,039,00015,042,000
overdraft-2,706,0002,706,000-3,721,000611,000-1,427,0004,537,0003,206,0005,239,0002,557,000
change in cash-11,468,0003,399,0005,709,00013,124,0005,102,00017,079,000-5,602,0003,927,000-1,720,000-4,387,0005,718,0004,689,000-3,412,000-10,278,00012,485,000

haymarket group limited Credit Report and Business Information

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Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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Haymarket Group Limited Competitor Analysis

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Perform a competitor analysis for haymarket group limited by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other mega companies, companies in TW1 area or any other competitors across 12 key performance metrics.

haymarket group limited Ownership

HAYMARKET GROUP LIMITED group structure

Haymarket Group Limited has 3 subsidiary companies.

HAYMARKET GROUP LIMITED Shareholders

lord michael ray dibdin heseltine 58.43%
trustee of the m r d heseltine children's settlement trust 29.87%
lady anne heseltine 11.7%

haymarket group limited directors

Haymarket Group Limited currently has 6 directors. The longest serving directors include Lord Michael Heseltine (Jun 1997) and Hon Rupert Heseltine (Jun 2001).

officercountryagestartendrole
Lord Michael Heseltine91 years Jun 1997- Director
Hon Rupert Heseltine57 years Jun 2001- Director
Mr Kevin CostelloEngland60 years Dec 2009- Director
Mr Mark Gibson72 years May 2011- Director
Mr Brian FreemanUnited Kingdom60 years Apr 2012- Director
Ms Sue-Anne BiggsEngland68 years Dec 2022- Director

P&L

June 2024

turnover

183m

0%

operating profit

9.5m

+17%

gross margin

26.1%

-2.68%

turnover

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

Balance Sheet

June 2024

net assets

51.1m

+0.12%

total assets

113.7m

-0.08%

cash

35.6m

-0.24%

net assets

Total assets minus all liabilities

haymarket group limited company details

company number

02809261

Type

Private limited with Share Capital

industry

70100 - Activities of head offices

incorporation date

April 1993

age

32

incorporated

UK

ultimate parent company

None

accounts

Group

last accounts submitted

June 2024

previous names

N/A

accountant

-

auditor

GRANT THORNTON UK LLP

address

bridge house 69 london road, twickenham, TW1 3SP

Bank

NATWEST GROUP

Legal Advisor

LEWIS SILKIN LLP

haymarket group 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 4 charges/mortgages relating to haymarket group limited. Currently there are 0 open charges and 4 have been satisfied in the past.

haymarket group 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 HAYMARKET GROUP LIMITED. This can take several minutes, an email will notify you when this has completed.

haymarket group limited Companies House Filings - See Documents

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