hall & pickles 1812 limited

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hall & pickles 1812 limited Company Information

Share HALL & PICKLES 1812 LIMITED

Company Number

03162309

Shareholders

chipnall limited

matthew kindersley hall & alexander richard congreve hall & arnold hillier

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Group Structure

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Industry

Wholesale of metals and metal ores

 

Registered Address

poynton industrial estate, london road, poynton stockport, cheshire, SK12 1NB

hall & pickles 1812 limited Estimated Valuation

£110.6m

Pomanda estimates the enterprise value of HALL & PICKLES 1812 LIMITED at £110.6m based on a Turnover of £171.4m and 0.65x industry multiple (adjusted for size and gross margin).

hall & pickles 1812 limited Estimated Valuation

£71.9m

Pomanda estimates the enterprise value of HALL & PICKLES 1812 LIMITED at £71.9m based on an EBITDA of £8.2m and a 8.8x industry multiple (adjusted for size and gross margin).

hall & pickles 1812 limited Estimated Valuation

£118m

Pomanda estimates the enterprise value of HALL & PICKLES 1812 LIMITED at £118m based on Net Assets of £72m and 1.64x industry multiple (adjusted for liquidity).

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Hall & Pickles 1812 Limited Overview

Hall & Pickles 1812 Limited is a live company located in poynton stockport, SK12 1NB with a Companies House number of 03162309. It operates in the wholesale of metals and metal ores sector, SIC Code 46720. Founded in February 1996, it's largest shareholder is chipnall limited with a 30% stake. Hall & Pickles 1812 Limited is a mature, mega sized company, Pomanda has estimated its turnover at £171.4m with low growth in recent years.

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Hall & Pickles 1812 Limited Health Check

Pomanda's financial health check has awarded Hall & Pickles 1812 Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 7 measures and has 2 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating5out of 5
positive_score

7 Strong

positive_score

3 Regular

positive_score

2 Weak

size

Size

annual sales of £171.4m, make it larger than the average company (£25.8m)

£171.4m - Hall & Pickles 1812 Limited

£25.8m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 1%, show it is growing at a slower rate (13.4%)

1% - Hall & Pickles 1812 Limited

13.4% - Industry AVG

production

Production

with a gross margin of 21.4%, this company has a lower cost of product (15.2%)

21.4% - Hall & Pickles 1812 Limited

15.2% - Industry AVG

profitability

Profitability

an operating margin of 3.9% make it as profitable than the average company (3.7%)

3.9% - Hall & Pickles 1812 Limited

3.7% - Industry AVG

employees

Employees

with 292 employees, this is above the industry average (31)

292 - Hall & Pickles 1812 Limited

31 - Industry AVG

paystructure

Pay Structure

on an average salary of £51.6k, the company has an equivalent pay structure (£47.9k)

£51.6k - Hall & Pickles 1812 Limited

£47.9k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £587k, this is less efficient (£760k)

£587k - Hall & Pickles 1812 Limited

£760k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 68 days, this is near the average (63 days)

68 days - Hall & Pickles 1812 Limited

63 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 105 days, this is slower than average (51 days)

105 days - Hall & Pickles 1812 Limited

51 days - Industry AVG

stockdays

Stock Days

it holds stock equivalent to 46 days, this is less than average (76 days)

46 days - Hall & Pickles 1812 Limited

76 days - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 45 weeks, this is more cash available to meet short term requirements (10 weeks)

45 weeks - Hall & Pickles 1812 Limited

10 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 43.6%, this is a lower level of debt than the average (49.4%)

43.6% - Hall & Pickles 1812 Limited

49.4% - Industry AVG

HALL & PICKLES 1812 LIMITED financials

EXPORTms excel logo

Hall & Pickles 1812 Limited's latest turnover from May 2024 is £171.4 million and the company has net assets of £72 million. According to their latest financial statements, Hall & Pickles 1812 Limited has 292 employees and maintains cash reserves of £47.3 million as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

May 2024May 2023May 2022May 2021May 2020May 2019May 2018May 2017May 2016May 2015May 2014May 2013May 2012May 2011May 2010
Turnover171,394,000214,495,000244,478,000168,090,000132,554,000145,525,000132,713,000116,737,00099,356,000103,762,00098,596,00084,907,00089,381,00081,802,00068,199,000
Other Income Or Grants
Cost Of Sales134,770,000165,158,000169,371,000118,757,000105,885,000119,129,000106,696,00085,057,00073,547,00081,539,00078,736,00068,368,00072,702,00064,489,00051,955,000
Gross Profit36,624,00049,337,00075,107,00049,333,00026,669,00026,396,00026,017,00031,680,00025,809,00022,223,00019,860,00016,539,00016,679,00017,313,00016,244,000
Admin Expenses29,889,00029,200,00037,868,00027,412,00022,559,00022,936,00022,397,00024,495,00022,439,00018,425,00016,823,00014,527,00014,687,00014,665,00013,953,000
Operating Profit6,735,00020,137,00037,239,00021,921,0004,110,0003,460,0003,620,0007,185,0003,370,0003,798,0003,037,0002,012,0001,992,0002,648,0002,291,000
Interest Payable51,000177,000207,000205,000275,000272,000281,000208,0005,0008,0007,00017,000
Interest Receivable1,713,0001,093,00047,0007,00051,000162,00021,0008,00017,00017,00017,0007,0003,000
Pre-Tax Profit8,448,00021,230,00037,235,00021,751,0003,954,0003,417,0003,366,0006,921,0003,106,0003,607,0003,093,0001,996,0002,070,0002,709,0002,054,000
Tax-2,157,000-4,126,000-7,171,000-4,216,000-762,000-761,000-810,000-1,547,000-702,000-803,000-827,000-383,000-625,000-869,000-679,000
Profit After Tax6,291,00017,104,00030,064,00017,535,0003,192,0002,656,0002,556,0005,374,0002,404,0002,804,0002,266,0001,613,0001,445,0001,840,0001,375,000
Dividends Paid5,000,00011,016,00014,053,0003,950,000837,0001,870,000980,000980,000795,000635,000500,000500,000300,000600,000900,000
Retained Profit1,291,0006,088,00016,011,00013,585,0002,355,000786,0001,576,0004,394,0001,609,0002,169,0001,766,0001,113,0001,145,0001,240,000475,000
Employee Costs15,081,00014,372,00015,966,00013,798,00011,693,00010,584,00010,090,0009,920,0009,037,0008,262,0007,252,0006,505,0006,514,0006,949,0006,235,000
Number Of Employees292287285279287271263257246234219204201199193
EBITDA*8,167,00021,383,00038,179,00022,832,0004,958,0004,144,0004,309,0007,927,0004,210,0004,742,0003,804,0002,757,0002,784,0003,394,0003,065,000

* Earnings Before Interest, Tax, Depreciation and Amortisation

May 2024May 2023May 2022May 2021May 2020May 2019May 2018May 2017May 2016May 2015May 2014May 2013May 2012May 2011May 2010
Tangible Assets24,504,00020,480,00017,976,00014,928,00014,962,00014,054,00012,795,00013,034,00012,758,00012,328,00010,394,00010,622,00010,920,00014,149,00014,229,000
Intangible Assets
Investments & Other5,726,0009,081,0002,860,0001,0001,0001,0001,0001,0001,0001,0001,0001,0001,0001,0001,000
Debtors (Due After 1 year)
Total Fixed Assets30,230,00029,561,00020,836,00014,929,00014,963,00014,055,00012,796,00013,035,00012,759,00012,329,00010,395,00010,623,00010,921,00014,150,00014,230,000
Stock & work in progress17,009,00020,073,00026,032,00015,540,0009,372,00013,070,00014,712,00014,011,0009,617,0009,650,00010,229,0009,173,0009,330,0009,906,00010,082,000
Trade Debtors31,997,00041,748,00053,141,00043,290,00021,632,00030,777,00029,884,00027,223,00020,411,00022,223,00022,212,00019,125,00019,591,00018,159,00015,319,000
Group Debtors300,000408,000447,000327,000306,000663,000
Misc Debtors871,000469,0001,223,0001,603,0003,086,0001,952,0002,519,0003,285,0001,908,0001,956,000275,000590,000270,000255,000259,000
Cash47,342,00051,430,00045,253,00032,967,00014,979,0008,194,0008,382,0007,443,0006,625,0005,641,0005,149,0004,781,0004,635,0004,245,0003,135,000
misc current assets
total current assets97,519,000114,128,000126,096,00093,727,00049,375,00054,656,00055,497,00051,962,00038,561,00039,470,00037,865,00033,669,00033,826,00032,565,00028,795,000
total assets127,749,000143,689,000146,932,000108,656,00064,338,00068,711,00068,293,00064,997,00051,320,00051,799,00048,260,00044,292,00044,747,00046,715,00043,025,000
Bank overdraft
Bank loan81,000162,000162,000
Trade Creditors 39,109,00050,362,00063,044,00045,010,00016,439,00028,810,00029,111,00025,637,00019,232,00020,131,00020,687,00020,171,00020,070,00019,752,00017,281,000
Group/Directors Accounts
other short term finances
hp & lease commitments30,00030,00033,00095,00066,00066,000
other current liabilities14,433,00018,523,00021,156,00017,229,00011,059,0006,687,0006,982,0008,195,0005,005,0005,551,0004,876,0002,772,0003,951,0003,743,0002,750,000
total current liabilities53,542,00068,885,00084,200,00062,239,00027,498,00035,497,00036,093,00033,832,00024,237,00025,712,00025,593,00022,976,00024,197,00023,723,00020,259,000
loans80,000242,000
hp & lease commitments2,00032,00063,00096,00070,000136,000
Accruals and Deferred Income
other liabilities
provisions2,167,0002,136,000807,000301,00023,000102,000238,000473,000504,000327,000384,000740,000
total long term liabilities2,167,0002,136,000807,0003,725,00012,911,0008,687,0007,716,00010,739,0008,665,0008,704,0004,594,0004,604,0004,199,0002,405,0003,202,000
total liabilities55,709,00071,021,00085,007,00065,964,00040,409,00044,184,00043,809,00044,571,00032,902,00034,416,00030,187,00027,580,00028,396,00026,128,00023,461,000
net assets72,040,00072,668,00061,925,00042,692,00023,929,00024,527,00024,484,00020,426,00018,418,00017,383,00018,073,00016,712,00016,351,00020,587,00019,564,000
total shareholders funds72,040,00072,668,00061,925,00042,692,00023,929,00024,527,00024,484,00020,426,00018,418,00017,383,00018,073,00016,712,00016,351,00020,587,00019,564,000
May 2024May 2023May 2022May 2021May 2020May 2019May 2018May 2017May 2016May 2015May 2014May 2013May 2012May 2011May 2010
Operating Activities
Operating Profit6,735,00020,137,00037,239,00021,921,0004,110,0003,460,0003,620,0007,185,0003,370,0003,798,0003,037,0002,012,0001,992,0002,648,0002,291,000
Depreciation1,432,0001,246,000940,000911,000848,000684,000689,000742,000840,000944,000767,000745,000792,000746,000774,000
Amortisation
Tax-2,157,000-4,126,000-7,171,000-4,216,000-762,000-761,000-810,000-1,547,000-702,000-803,000-827,000-383,000-625,000-869,000-679,000
Stock-3,064,000-5,959,00010,492,0006,168,000-3,698,000-1,642,000701,0004,394,000-33,000-579,0001,056,000-157,000-576,000-176,00010,082,000
Debtors-9,457,000-12,186,0009,591,00020,196,000-8,368,000989,0001,895,0008,189,000-1,860,0001,692,0002,772,000-146,0001,447,0002,836,00015,578,000
Creditors-11,253,000-12,682,00018,034,00028,571,000-12,371,000-301,0003,474,0006,405,000-899,000-556,000516,000101,000318,0002,471,00017,281,000
Accruals and Deferred Income-4,090,000-2,633,0003,927,0006,170,0004,372,000-295,000-1,213,0003,190,000-546,000675,0002,104,000-1,179,000208,000993,0002,750,000
Deferred Taxes & Provisions31,0001,329,000807,000-301,000278,00023,000-102,000-136,000-235,000-31,000177,000-57,000-356,000740,000
Cash flow from operations3,219,00021,416,00033,693,00026,692,0008,541,0003,463,0003,164,0003,290,0003,820,0002,710,0001,738,0001,776,0001,757,0002,973,000-2,503,000
Investing Activities
capital expenditure-1,931,000-425,000-991,000-3,464,000-533,000-535,000-432,000-918,000-653,000-75,000
Change in Investments-3,355,0006,221,0002,859,0001,000
cash flow from investments3,355,000-6,221,000-2,859,000-1,931,000-425,000-991,000-3,464,000-533,000-535,000-432,000-918,000-653,000-76,000
Financing Activities
Bank loans-81,000-81,000162,000
Group/Directors Accounts
Other Short Term Loans
Long term loans-80,000-162,000242,000
Hire Purchase and Lease Commitments-32,000-30,000-34,000-95,00055,000-66,000202,000
other long term liabilities
share issue-1,919,0004,655,0003,222,0005,178,000-2,953,000-743,0002,482,000-2,386,000-574,000-2,859,000-405,000-752,000-5,381,000-217,00019,089,000
interest1,713,0001,093,000-4,000-170,000-156,000-43,000-254,000-264,000-264,000-191,00017,0002,000-8,000-4,000-17,000
cash flow from financing-206,0005,748,0003,218,0005,008,000-3,109,000-786,0002,228,000-2,650,000-870,000-3,080,000-422,000-926,000-5,495,000-449,00019,678,000
cash and cash equivalents
cash-4,088,0006,177,00012,286,00017,988,0006,785,000-188,000939,000818,000984,000492,000368,000146,000390,0001,110,0003,135,000
overdraft
change in cash-4,088,0006,177,00012,286,00017,988,0006,785,000-188,000939,000818,000984,000492,000368,000146,000390,0001,110,0003,135,000

hall & pickles 1812 limited Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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Hall & Pickles 1812 Limited Competitor Analysis

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Perform a competitor analysis for hall & pickles 1812 limited by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other mega companies, companies in SK12 area or any other competitors across 12 key performance metrics.

hall & pickles 1812 limited Ownership

HALL & PICKLES 1812 LIMITED group structure

Hall & Pickles 1812 Limited has 4 subsidiary companies.

HALL & PICKLES 1812 LIMITED Shareholders

chipnall limited 30%
matthew kindersley hall & alexander richard congreve hall & arnold hillier 29.79%
matthew kindersley hall 14.7%
alexander richard congreve hall 14.11%
matthew kindersley hall & paul richard davies & alexander richard congreve hall & arnold hillier 8.2%
matthew kindersley hall & paul richard davies & alexander richard congreve hall 3.2%

hall & pickles 1812 limited directors

Hall & Pickles 1812 Limited currently has 4 directors. The longest serving directors include Mr Arnold Hillier (Apr 1996) and Mr Matthew Hall (May 2001).

officercountryagestartendrole
Mr Arnold Hillier95 years Apr 1996- Director
Mr Matthew Hall57 years May 2001- Director
Mr Alexander Hall58 years May 2001- Director
Mr Henry HallEngland20 years Oct 2022- Director

P&L

May 2024

turnover

171.4m

-20%

operating profit

6.7m

-67%

gross margin

21.4%

-7.1%

turnover

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

Balance Sheet

May 2024

net assets

72m

-0.01%

total assets

127.7m

-0.11%

cash

47.3m

-0.08%

net assets

Total assets minus all liabilities

hall & pickles 1812 limited company details

company number

03162309

Type

Private limited with Share Capital

industry

46720 - Wholesale of metals and metal ores

incorporation date

February 1996

age

29

incorporated

UK

ultimate parent company

None

accounts

Full Accounts

last accounts submitted

May 2024

previous names

hallco 1812 limited (December 2011)

hallco 68 limited (May 1996)

accountant

-

auditor

ROYCE PEELING GREEN LIMITED

address

poynton industrial estate, london road, poynton stockport, cheshire, SK12 1NB

Bank

HSBC BANK PLC

Legal Advisor

DAC BEACHCROFT LLP

hall & pickles 1812 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 21 charges/mortgages relating to hall & pickles 1812 limited. Currently there are 9 open charges and 12 have been satisfied in the past.

hall & pickles 1812 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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hall & pickles 1812 limited Companies House Filings - See Documents

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