mercer & hole trustees limited
mercer & hole trustees limited Company Information
Company Number
03147908
Website
www.mercerhole.co.ukRegistered Address
72 london road, st albans, hertfordshire, AL1 1NS
Industry
Other business support service activities n.e.c.
Telephone
02072362601
Next Accounts Due
June 2024
Group Structure
View All
Shareholders
mercer & hole group ltd 100%
mercer & hole trustees limited Estimated Valuation
Pomanda estimates the enterprise value of MERCER & HOLE TRUSTEES LIMITED at £1.5m based on a Turnover of £2.6m and 0.59x industry multiple (adjusted for size and gross margin).
mercer & hole trustees limited Estimated Valuation
Pomanda estimates the enterprise value of MERCER & HOLE TRUSTEES LIMITED at £589.8k based on an EBITDA of £128.1k and a 4.6x industry multiple (adjusted for size and gross margin).
mercer & hole trustees limited Estimated Valuation
Pomanda estimates the enterprise value of MERCER & HOLE TRUSTEES LIMITED at £3.1m based on Net Assets of £1.3m and 2.27x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Mercer & Hole Trustees Limited Overview
Mercer & Hole Trustees Limited is a live company located in hertfordshire, AL1 1NS with a Companies House number of 03147908. It operates in the other business support service activities n.e.c. sector, SIC Code 82990. Founded in January 1996, it's largest shareholder is mercer & hole group ltd with a 100% stake. Mercer & Hole Trustees Limited is a mature, small sized company, Pomanda has estimated its turnover at £2.6m with healthy growth in recent years.
Upgrade for unlimited company reports & a free credit check
Mercer & Hole Trustees Limited Health Check
Pomanda's financial health check has awarded Mercer & Hole Trustees Limited a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 1 areas for improvement. Company Health Check FAQs
3 Strong
6 Regular
1 Weak
Size
annual sales of £2.6m, make it in line with the average company (£2.9m)
- Mercer & Hole Trustees Limited
£2.9m - Industry AVG
Growth
3 year (CAGR) sales growth of 11%, show it is growing at a faster rate (2.3%)
- Mercer & Hole Trustees Limited
2.3% - Industry AVG
Production
with a gross margin of 38.5%, this company has a comparable cost of product (38.5%)
- Mercer & Hole Trustees Limited
38.5% - Industry AVG
Profitability
an operating margin of 4.9% make it less profitable than the average company (6.6%)
- Mercer & Hole Trustees Limited
6.6% - Industry AVG
Employees
with 20 employees, this is similar to the industry average (21)
20 - Mercer & Hole Trustees Limited
21 - Industry AVG
Pay Structure
on an average salary of £44.9k, the company has an equivalent pay structure (£44.9k)
- Mercer & Hole Trustees Limited
£44.9k - Industry AVG
Efficiency
resulting in sales per employee of £130.2k, this is equally as efficient (£136.3k)
- Mercer & Hole Trustees Limited
£136.3k - Industry AVG
Debtor Days
it gets paid by customers after 42 days, this is near the average (43 days)
- Mercer & Hole Trustees Limited
43 days - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- Mercer & Hole Trustees Limited
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Mercer & Hole Trustees Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 332 weeks, this is more cash available to meet short term requirements (27 weeks)
332 weeks - Mercer & Hole Trustees Limited
27 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 8.5%, this is a lower level of debt than the average (62.9%)
8.5% - Mercer & Hole Trustees Limited
62.9% - Industry AVG
MERCER & HOLE TRUSTEES LIMITED financials
Mercer & Hole Trustees Limited's latest turnover from September 2022 is estimated at £2.6 million and the company has net assets of £1.3 million. According to their latest financial statements, Mercer & Hole Trustees Limited has 20 employees and maintains cash reserves of £797.2 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Sep 2022 | Sep 2021 | Sep 2020 | Sep 2019 | Sep 2018 | Sep 2017 | Sep 2016 | Sep 2015 | Sep 2014 | Sep 2013 | Sep 2012 | Sep 2011 | Sep 2010 | Sep 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 1,370,342 | 1,224,117 | 1,425,339 | 1,414,083 | ||||||||||
| Other Income Or Grants | 0 | 0 | 0 | 0 | ||||||||||
| Cost Of Sales | 430,971 | 400,951 | 448,069 | 498,156 | ||||||||||
| Gross Profit | 939,371 | 823,166 | 977,270 | 915,927 | ||||||||||
| Admin Expenses | 450,887 | 644,052 | 642,683 | 705,327 | ||||||||||
| Operating Profit | 488,484 | 179,114 | 334,587 | 210,600 | ||||||||||
| Interest Payable | 2,696 | 2,027 | 2,184 | 2,319 | ||||||||||
| Interest Receivable | 0 | 14 | 0 | 42 | ||||||||||
| Pre-Tax Profit | 485,788 | 177,101 | 332,403 | 208,323 | ||||||||||
| Tax | -118,175 | -34,129 | -75,700 | -31,134 | ||||||||||
| Profit After Tax | 367,613 | 142,972 | 256,703 | 177,189 | ||||||||||
| Dividends Paid | 0 | 280,000 | 280,000 | 280,000 | ||||||||||
| Retained Profit | 367,613 | -137,028 | -23,297 | -102,811 | ||||||||||
| Employee Costs | 395,630 | 371,074 | 418,930 | 463,661 | ||||||||||
| Number Of Employees | 20 | 16 | 13 | 6 | 6 | 16 | 17 | 10 | 17 | 16 | 19 | 19 | ||
| EBITDA* | 492,025 | 182,864 | 337,623 | 212,014 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Sep 2022 | Sep 2021 | Sep 2020 | Sep 2019 | Sep 2018 | Sep 2017 | Sep 2016 | Sep 2015 | Sep 2014 | Sep 2013 | Sep 2012 | Sep 2011 | Sep 2010 | Sep 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 0 | 0 | 12,227 | 16,960 | 0 | 0 | 0 | 583 | 4,083 | 7,583 | 11,083 | 9,375 | 13,125 | 1,161 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 0 | 0 | 12,227 | 16,960 | 0 | 0 | 0 | 583 | 4,083 | 7,583 | 11,083 | 9,375 | 13,125 | 1,161 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 302,736 | 307,555 | 267,376 | 326,602 | 450,479 | 435,039 | 439,925 | 408,489 | 1,069,003 | 1,162,408 | 507,840 | 428,617 | 496,305 | 549,976 |
| Group Debtors | 134,253 | 134,243 | 134,243 | 134,243 | 135,799 | 142,875 | 291,171 | 255,353 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 240,263 | 244,558 | 206,113 | 256,043 | 148,585 | 171,228 | 148,740 | 223,490 | 0 | 0 | 580,385 | 244,309 | 315,824 | 471,296 |
| Cash | 797,157 | 810,484 | 806,356 | 950,317 | 654,320 | 625,305 | 313,791 | 164,646 | 111,752 | 0 | 325,380 | 413,814 | 121,932 | 72,943 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 1,474,409 | 1,496,840 | 1,414,088 | 1,667,205 | 1,389,183 | 1,374,447 | 1,193,627 | 1,051,978 | 1,180,755 | 1,162,408 | 1,413,605 | 1,086,740 | 934,061 | 1,094,215 |
| total assets | 1,474,409 | 1,496,840 | 1,426,315 | 1,684,165 | 1,389,183 | 1,374,447 | 1,193,627 | 1,052,561 | 1,184,838 | 1,169,991 | 1,424,688 | 1,096,115 | 947,186 | 1,095,376 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 30,975 | 48,382 | 70,017 | 77,207 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 569 | 244,966 | 321,963 | 539 | 0 | 0 | 0 |
| Group/Directors Accounts | 1,677 | 1,512 | 1,320 | 411 | 0 | 965 | 965 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 4,666 | 4,470 | 4,470 | 0 |
| other current liabilities | 122,880 | 263,869 | 212,807 | 342,299 | 364,471 | 428,815 | 250,428 | 246,102 | 0 | 0 | 576,026 | 596,899 | 284,836 | 201,199 |
| total current liabilities | 124,557 | 265,381 | 214,127 | 342,710 | 364,471 | 429,780 | 251,393 | 246,671 | 244,966 | 321,963 | 612,206 | 649,751 | 359,323 | 278,406 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 217,359 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 5,583 | 7,078 | 11,549 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 11,815 | 0 | 0 | 0 | 0 | 0 | 917 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 11,815 | 0 | 0 | 0 | 0 | 0 | 917 | 5,583 | 7,078 | 11,549 | 217,359 |
| total liabilities | 124,557 | 265,381 | 214,127 | 354,525 | 364,471 | 429,780 | 251,393 | 246,671 | 244,966 | 322,880 | 617,789 | 656,829 | 370,872 | 495,765 |
| net assets | 1,349,852 | 1,231,459 | 1,212,188 | 1,329,640 | 1,024,712 | 944,667 | 942,234 | 805,890 | 939,872 | 847,111 | 806,899 | 439,286 | 576,314 | 599,611 |
| total shareholders funds | 1,349,852 | 1,231,459 | 1,212,188 | 1,329,640 | 1,024,712 | 944,667 | 942,234 | 805,890 | 939,872 | 847,111 | 806,899 | 439,286 | 576,314 | 599,611 |
| Sep 2022 | Sep 2021 | Sep 2020 | Sep 2019 | Sep 2018 | Sep 2017 | Sep 2016 | Sep 2015 | Sep 2014 | Sep 2013 | Sep 2012 | Sep 2011 | Sep 2010 | Sep 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||||
| Operating Profit | 488,484 | 179,114 | 334,587 | 210,600 | ||||||||||
| Depreciation | 0 | 4,339 | 4,733 | 1,972 | 0 | 0 | 583 | 3,500 | 3,500 | 3,500 | 3,541 | 3,750 | 3,036 | 1,414 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | -118,175 | -34,129 | -75,700 | -31,134 | ||||||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | -9,104 | 78,624 | -109,156 | -17,975 | -14,279 | -130,694 | -7,496 | -181,671 | -93,405 | 74,183 | 415,299 | -139,203 | -209,143 | 1,021,272 |
| Creditors | 0 | 0 | 0 | 0 | 0 | 0 | -569 | -244,397 | -76,997 | 321,424 | 539 | 0 | 0 | 0 |
| Accruals and Deferred Income | -140,989 | 51,062 | -129,492 | -22,172 | -64,344 | 178,387 | 4,326 | 246,102 | 0 | -576,026 | -20,873 | 312,063 | 83,637 | 201,199 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | -61,783 | 600,001 | 554,703 | -639,193 | ||||||||||
| Investing Activities | ||||||||||||||
| capital expenditure | -5,107 | 0 | -11,200 | 0 | ||||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | -5,107 | 0 | -11,200 | 0 | ||||||||||
| Financing Activities | ||||||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 165 | 192 | 909 | 411 | -965 | 0 | 965 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -217,359 | 217,359 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -10,249 | -1,299 | -4,471 | 16,019 | 0 |
| other long term liabilities | 0 | 0 | -11,815 | 11,815 | 0 | 0 | 0 | 0 | -917 | 917 | 0 | 0 | 0 | 0 |
| share issue | ||||||||||||||
| interest | -2,696 | -2,013 | -2,184 | -2,277 | ||||||||||
| cash flow from financing | -3,995 | -6,484 | -203,524 | 917,504 | ||||||||||
| cash and cash equivalents | ||||||||||||||
| cash | -13,327 | 4,128 | -143,961 | 295,997 | 29,015 | 311,514 | 149,145 | 52,894 | 111,752 | -325,380 | -88,434 | 291,882 | 48,989 | 72,943 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -30,975 | -17,407 | -21,635 | -7,190 | 77,207 |
| change in cash | -13,327 | 4,128 | -143,961 | 295,997 | 29,015 | 311,514 | 149,145 | 52,894 | 111,752 | -294,405 | -71,027 | 313,517 | 56,179 | -4,264 |
mercer & hole trustees limited Credit Report and Business Information
Mercer & Hole Trustees Limited Competitor Analysis
Perform a competitor analysis for mercer & hole trustees limited by selecting its closest rivals and benchmarking them against 12 key performance metrics.
mercer & hole trustees limited Ownership
MERCER & HOLE TRUSTEES LIMITED group structure
Mercer & Hole Trustees Limited has no subsidiary companies.
Ultimate parent company
1 parent
MERCER & HOLE TRUSTEES LIMITED
03147908
mercer & hole trustees limited directors
Mercer & Hole Trustees Limited currently has 10 directors. The longest serving directors include Mrs Gillian Tallon (Oct 2002) and Ms Lisa Spearman (Sep 2005).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mrs Gillian Tallon | 63 years | Oct 2002 | - | Director | |
| Ms Lisa Spearman | 57 years | Sep 2005 | - | Director | |
| Ms Helen Price | 44 years | Oct 2007 | - | Director | |
| Mrs Elizabeth Cuthbertson | England | 53 years | Apr 2009 | - | Director |
| Mr Paul Maberly | 62 years | Oct 2013 | - | Director | |
| Mr Daniel Bisby | England | 45 years | Oct 2014 | - | Director |
| Mrs Alison Palmer | United Kingdom | 51 years | Dec 2017 | - | Director |
| Mrs Charmain Alway | 44 years | Feb 2021 | - | Director | |
| Mr Henry Lowe | United Kingdom | 37 years | Apr 2021 | - | Director |
| Mr Simon Coggins | 61 years | Jan 2023 | - | Director |
P&L
September 2022turnover
2.6m
+11%
operating profit
128.1k
0%
gross margin
38.5%
+4.25%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
September 2022net assets
1.3m
+0.1%
total assets
1.5m
-0.01%
cash
797.2k
-0.02%
net assets
Total assets minus all liabilities
Similar Companies
mercer & hole trustees limited company details
company number
03147908
Type
Private limited with Share Capital
industry
82990 - Other business support service activities n.e.c.
incorporation date
January 1996
age
28
accounts
Total Exemption Full
ultimate parent company
previous names
mercer and hole trustees limited (October 1997)
broomco (1047) limited (March 1996)
incorporated
UK
address
72 london road, st albans, hertfordshire, AL1 1NS
last accounts submitted
September 2022
mercer & hole trustees 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 7 charges/mortgages relating to mercer & hole trustees limited. Currently there are 5 open charges and 2 have been satisfied in the past.
mercer & hole trustees limited Companies House Filings - See Documents
| date | description | view/download |
|---|
