hfis limited Company Information
Company Number
03252806
Next Accounts
Sep 2025
Shareholders
brown & brown retail holdco (europe) limited
Group Structure
View All
Industry
Non-life insurance
Registered Address
7th floor, corn exchange, 55 mark lane, london, EC3R 7NE
Website
http://hamiltonfraser.co.ukhfis limited Estimated Valuation
Pomanda estimates the enterprise value of HFIS LIMITED at £3.4m based on a Turnover of £5.7m and 0.6x industry multiple (adjusted for size and gross margin).
hfis limited Estimated Valuation
Pomanda estimates the enterprise value of HFIS LIMITED at £6.9m based on an EBITDA of £1m and a 6.69x industry multiple (adjusted for size and gross margin).
hfis limited Estimated Valuation
Pomanda estimates the enterprise value of HFIS LIMITED at £9.2m based on Net Assets of £5.5m and 1.68x industry multiple (adjusted for liquidity).
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Hfis Limited Overview
Hfis Limited is a live company located in london, EC3R 7NE with a Companies House number of 03252806. It operates in the non-life insurance sector, SIC Code 65120. Founded in September 1996, it's largest shareholder is brown & brown retail holdco (europe) limited with a 100% stake. Hfis Limited is a mature, mid sized company, Pomanda has estimated its turnover at £5.7m with declining growth in recent years.
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Hfis Limited Health Check
Pomanda's financial health check has awarded Hfis Limited a 4 rating. We use a traffic light system to show it exceeds the industry average on 6 measures and has 4 areas for improvement. Company Health Check FAQs
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6 Strong
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1 Regular
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4 Weak
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Size
annual sales of £5.7m, make it larger than the average company (£2.1m)
£5.7m - Hfis Limited
£2.1m - Industry AVG
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Growth
3 year (CAGR) sales growth of -34%, show it is growing at a slower rate (8.7%)
-34% - Hfis Limited
8.7% - Industry AVG
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Production
with a gross margin of 77.2%, this company has a higher cost of product (100%)
77.2% - Hfis Limited
100% - Industry AVG
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Profitability
an operating margin of 13.6% make it less profitable than the average company (17.6%)
13.6% - Hfis Limited
17.6% - Industry AVG
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Employees
with 232 employees, this is above the industry average (26)
232 - Hfis Limited
26 - Industry AVG
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Pay Structure
on an average salary of £20.4k, the company has a lower pay structure (£65.4k)
£20.4k - Hfis Limited
£65.4k - Industry AVG
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Efficiency
resulting in sales per employee of £24.7k, this is less efficient (£163.6k)
£24.7k - Hfis Limited
£163.6k - Industry AVG
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Debtor Days
it gets paid by customers after 9 days, this is earlier than average (216 days)
9 days - Hfis Limited
216 days - Industry AVG
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Creditor Days
its suppliers are paid after 1048 days, this is slower than average (305 days)
1048 days - Hfis Limited
305 days - Industry AVG
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Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Hfis Limited
- - Industry AVG
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Cash Balance
has cash to cover current liabilities for 15 weeks, this is average cash available to meet short term requirements (18 weeks)
15 weeks - Hfis Limited
18 weeks - Industry AVG
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Debt Level
it has a ratio of liabilities to total assets of 69%, this is a lower level of debt than the average (81.5%)
69% - Hfis Limited
81.5% - Industry AVG
HFIS LIMITED financials
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Hfis Limited's latest turnover from December 2023 is £5.7 million and the company has net assets of £5.5 million. According to their latest financial statements, Hfis Limited has 232 employees and maintains cash reserves of £3.4 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
Dec 2023 | Dec 2022 | Mar 2022 | Mar 2021 | Mar 2020 | Nov 2018 | Nov 2017 | Nov 2016 | Nov 2015 | Nov 2014 | Nov 2013 | Nov 2012 | Nov 2011 | Nov 2010 | Nov 2009 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Turnover | 5,740,920 | 4,713,938 | 15,545,300 | 13,616,128 | 19,576,734 | 9,141,113 | 7,923,135 | 6,695,121 | 6,262,762 | 5,434,188 | 4,446,755 | 4,625,273 | 4,090,108 | 3,991,807 | 4,625,973 |
Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||
Cost Of Sales | 2,889,263 | 2,497,130 | 897,737 | 723,292 | 696,791 | 584,215 | 544,537 | 355,641 | 370,209 | 351,415 | 363,592 | 359,733 | 545,395 | ||
Gross Profit | 12,656,037 | 11,118,998 | 18,678,997 | 8,417,821 | 7,226,344 | 6,110,906 | 5,718,225 | 5,078,547 | 4,076,546 | 4,273,858 | 3,726,516 | 3,632,074 | 4,080,578 | ||
Admin Expenses | 13,086,840 | 11,505,444 | 18,969,674 | 6,877,951 | 5,741,041 | 4,763,209 | 3,713,410 | 3,382,976 | 2,775,188 | 2,681,511 | 2,320,040 | 2,458,738 | 3,045,774 | ||
Operating Profit | 778,262 | -230,297 | -430,803 | -386,446 | -290,677 | 1,539,870 | 1,485,303 | 1,347,697 | 2,004,815 | 1,695,571 | 1,301,358 | 1,592,347 | 1,406,476 | 1,173,336 | 1,034,804 |
Interest Payable | 0 | 0 | 177 | 10,638 | 37,111 | 18,560 | 18,620 | 16,102 | 0 | 346 | 4,875 | 52 | 46 | 679 | 980 |
Interest Receivable | 4,845 | 0 | 1,619,348 | 2,104,401 | 2,171,035 | 45,000 | 54,774 | 63,922 | 40,898 | 38,768 | 101,280 | 14,574 | 10,494 | 15,039 | 26,420 |
Pre-Tax Profit | 783,107 | -230,297 | 1,452,907 | 1,707,317 | 1,686,928 | 1,566,310 | 1,510,321 | 1,317,973 | 2,446,185 | 1,748,519 | 1,397,763 | 1,606,869 | 1,416,924 | 1,187,696 | 1,060,244 |
Tax | -34,361 | -267,067 | -530,168 | -309,730 | -245,687 | -376,396 | -341,563 | -256,918 | -289,778 | -380,463 | -323,654 | -253,737 | -387,263 | -349,783 | -299,398 |
Profit After Tax | 748,746 | -497,364 | 922,739 | 1,397,587 | 1,441,241 | 1,189,914 | 1,168,758 | 1,061,055 | 2,156,407 | 1,368,056 | 1,074,109 | 1,353,132 | 1,029,661 | 837,913 | 760,846 |
Dividends Paid | 0 | 36,530 | 0 | 0 | 1,141,996 | 1,025,849 | 972,211 | 1,008,902 | 879,721 | 728,120 | 752,070 | 741,548 | 786,526 | 597,742 | 471,919 |
Retained Profit | 748,746 | -533,894 | 922,739 | 1,397,587 | 299,245 | 164,065 | 196,547 | 52,153 | 1,276,686 | 639,936 | 322,039 | 611,584 | 243,135 | 240,171 | 288,927 |
Employee Costs | 4,736,386 | 4,748,884 | 11,976,675 | 8,226,901 | 7,206,104 | 6,606,407 | 5,622,916 | 5,039,593 | 4,710,062 | 4,117,494 | 3,584,393 | 3,419,899 | 3,600,779 | ||
Number Of Employees | 232 | 210 | 225 | 218 | 209 | 213 | 223 | 195 | 173 | 138 | 133 | 126 | 119 | 114 | 102 |
EBITDA* | 1,028,458 | -141,206 | 772,069 | 509,688 | 722,869 | 1,780,901 | 1,620,627 | 1,424,318 | 2,075,102 | 1,781,672 | 1,393,791 | 1,815,048 | 1,599,291 | 1,340,799 | 1,131,845 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
Dec 2023 | Dec 2022 | Mar 2022 | Mar 2021 | Mar 2020 | Nov 2018 | Nov 2017 | Nov 2016 | Nov 2015 | Nov 2014 | Nov 2013 | Nov 2012 | Nov 2011 | Nov 2010 | Nov 2009 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Tangible Assets | 0 | 31,857 | 725,387 | 490,145 | 214,616 | 75,796 | 90,015 | 92,153 | 97,608 | 137,124 | 165,114 | 115,078 | 217,264 | 324,106 | 219,625 |
Intangible Assets | 2,477,482 | 507,926 | 2,436,840 | 1,616,457 | 1,744,551 | 701,609 | 282,610 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Investments & Other | 3,290,746 | 1,330,483 | 0 | 0 | 146,956 | 671,929 | 645,712 | 631,641 | 531,967 | 136,824 | 1,500 | 500 | 500 | 500 | 500 |
Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 250,000 | 250,000 | 250,000 | 250,000 | 250,000 | 125,000 |
Total Fixed Assets | 5,768,228 | 1,870,266 | 3,162,227 | 2,106,602 | 2,106,123 | 1,449,334 | 1,018,337 | 723,794 | 629,575 | 523,948 | 416,614 | 365,578 | 467,764 | 574,606 | 345,125 |
Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Trade Debtors | 154,569 | 310,762 | 3,346,874 | 3,296,352 | 3,659,485 | 3,151,555 | 2,609,495 | 2,519,092 | 2,838,898 | 2,661,683 | 2,104,558 | 1,881,690 | 1,495,346 | 1,630,047 | 2,188,427 |
Group Debtors | 7,371,253 | 4,200,769 | 458,825 | 1,312,566 | 458,720 | 1,691,741 | 1,816,429 | 2,173,126 | 1,422,309 | 765,732 | 1,525,732 | 1,527,335 | 371,533 | 240,398 | 84,981 |
Misc Debtors | 953,781 | 305,495 | 3,048,609 | 3,237,882 | 3,147,895 | 457,338 | 394,670 | 447,510 | 360,286 | 322,686 | 153,388 | 284,440 | 153,000 | 248,680 | 202,406 |
Cash | 3,408,374 | 3,826,701 | 2,481,138 | 1,263,263 | 2,810,219 | 3,972,923 | 3,426,611 | 2,504,191 | 2,817,185 | 2,222,295 | 828,733 | 775,263 | 1,339,464 | 1,043,717 | 1,308,954 |
misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 275,066 | 255,329 | 200,000 | 200,000 | 200,000 | 200,000 | 0 | 0 |
total current assets | 11,887,977 | 8,643,727 | 9,335,446 | 9,110,063 | 10,076,319 | 9,273,557 | 8,247,205 | 7,918,985 | 7,694,007 | 6,172,396 | 4,812,411 | 4,668,728 | 3,559,343 | 3,162,842 | 3,784,768 |
total assets | 17,656,205 | 10,513,993 | 12,497,673 | 11,216,665 | 12,182,442 | 10,722,891 | 9,265,542 | 8,642,779 | 8,323,582 | 6,696,344 | 5,229,025 | 5,034,306 | 4,027,107 | 3,737,448 | 4,129,893 |
Bank overdraft | 0 | 0 | 0 | 30,000 | 0 | 0 | 0 | 190,261 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Bank loan | 0 | 0 | 0 | 0 | 301,755 | 299,936 | 188,998 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Trade Creditors | 3,763,640 | 3,631,599 | 4,263,302 | 3,868,629 | 4,043,152 | 2,671,441 | 2,530,965 | 2,053,816 | 2,205,840 | 2,209,197 | 1,863,430 | 1,673,975 | 1,533,702 | 1,675,134 | 2,266,271 |
Group/Directors Accounts | 4,703,454 | 200,000 | 218,400 | 276,340 | 0 | 0 | 0 | 0 | 0 | 202,669 | 330,203 | 181,341 | 221,122 | 215,579 | 14,644 |
other short term finances | 0 | 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 | 0 | 0 | 0 | 0 | 0 |
other current liabilities | 3,159,002 | 1,970,066 | 3,578,384 | 2,167,143 | 3,499,507 | 2,798,992 | 1,808,508 | 1,673,283 | 2,030,658 | 1,485,146 | 985,645 | 1,451,282 | 1,156,159 | 961,192 | 1,205,400 |
total current liabilities | 11,626,096 | 5,801,665 | 8,060,086 | 6,342,112 | 7,844,414 | 5,770,369 | 4,528,471 | 3,917,360 | 4,236,498 | 3,897,012 | 3,179,278 | 3,306,598 | 2,910,983 | 2,851,905 | 3,486,315 |
loans | 0 | 0 | 0 | 0 | 50,000 | 426,239 | 412,353 | 582,235 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other liabilities | 0 | 0 | 353,096 | 341,646 | 0 | 37,500 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
provisions | 557,965 | 0 | 0 | 0 | 0 | 0 | 0 | 15,013 | 11,066 | 0 | 0 | 0 | 0 | 12,554 | 10,760 |
total long term liabilities | 557,965 | 0 | 353,096 | 341,646 | 50,000 | 463,739 | 412,353 | 597,248 | 11,066 | 0 | 0 | 0 | 0 | 12,554 | 10,760 |
total liabilities | 12,184,061 | 5,801,665 | 8,413,182 | 6,683,758 | 7,894,414 | 6,234,108 | 4,940,824 | 4,514,608 | 4,247,564 | 3,897,012 | 3,179,278 | 3,306,598 | 2,910,983 | 2,864,459 | 3,497,075 |
net assets | 5,472,144 | 4,712,328 | 4,084,491 | 4,532,907 | 4,288,028 | 4,488,783 | 4,324,718 | 4,128,171 | 4,076,018 | 2,799,332 | 2,049,747 | 1,727,708 | 1,116,124 | 872,989 | 632,818 |
total shareholders funds | 5,472,144 | 4,712,328 | 4,084,491 | 4,532,907 | 4,288,028 | 4,488,783 | 4,324,718 | 4,128,171 | 4,076,018 | 2,799,332 | 2,049,747 | 1,727,708 | 1,116,124 | 872,989 | 632,818 |
Dec 2023 | Dec 2022 | Mar 2022 | Mar 2021 | Mar 2020 | Nov 2018 | Nov 2017 | Nov 2016 | Nov 2015 | Nov 2014 | Nov 2013 | Nov 2012 | Nov 2011 | Nov 2010 | Nov 2009 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Operating Activities | |||||||||||||||
Operating Profit | 778,262 | -230,297 | -430,803 | -386,446 | -290,677 | 1,539,870 | 1,485,303 | 1,347,697 | 2,004,815 | 1,695,571 | 1,301,358 | 1,592,347 | 1,406,476 | 1,173,336 | 1,034,804 |
Depreciation | 31,857 | 5,202 | 310,117 | 124,987 | 109,637 | 47,966 | 59,089 | 76,621 | 70,287 | 86,101 | 92,433 | 156,201 | 192,815 | 167,463 | 97,041 |
Amortisation | 218,339 | 83,889 | 892,755 | 771,147 | 903,909 | 193,065 | 76,235 | 0 | 0 | 0 | 0 | 66,500 | 0 | 0 | 0 |
Tax | -34,361 | -267,067 | -530,168 | -309,730 | -245,687 | -376,396 | -341,563 | -256,918 | -289,778 | -380,463 | -323,654 | -253,737 | -387,263 | -349,783 | -299,398 |
Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Debtors | 3,662,577 | -3,029,774 | -992,492 | 580,700 | 7,266,100 | 480,040 | -319,134 | 518,235 | 621,392 | -33,577 | 90,213 | 1,673,586 | -99,246 | -231,689 | 2,600,814 |
Creditors | 132,041 | -237,030 | 394,673 | -174,523 | 4,043,152 | 140,476 | 477,149 | -152,024 | -3,357 | 345,767 | 189,455 | 140,273 | -141,432 | -591,137 | 2,266,271 |
Accruals and Deferred Income | 1,188,936 | -197,077 | 1,411,241 | -1,332,364 | 3,499,507 | 990,484 | 135,225 | -357,375 | 545,512 | 499,501 | -465,637 | 295,123 | 194,967 | -244,208 | 1,205,400 |
Deferred Taxes & Provisions | 557,965 | 0 | 0 | 0 | 0 | 0 | -15,013 | 3,947 | 11,066 | 0 | 0 | 0 | -12,554 | 1,794 | 10,760 |
Cash flow from operations | -789,538 | 2,187,394 | 3,040,307 | -1,887,629 | 753,741 | 2,055,425 | 2,195,559 | 143,713 | 1,717,153 | 2,280,054 | 703,742 | 323,121 | 1,352,255 | 389,154 | 1,714,064 |
Investing Activities | |||||||||||||||
capital expenditure | 0 | -634,528 | -339,438 | -268,120 | -78,271 | -57,131 | -143,469 | -124,542 | -85,973 | -271,944 | -187,024 | ||||
Change in Investments | 1,960,263 | 1,330,483 | 0 | -146,956 | 146,956 | 26,217 | 14,071 | 99,674 | 395,143 | 135,324 | 1,000 | 0 | 0 | 0 | 500 |
cash flow from investments | -146,956 | -660,745 | -353,509 | -367,794 | -473,414 | -192,455 | -144,469 | -124,542 | -85,973 | -271,944 | -187,524 | ||||
Financing Activities | |||||||||||||||
Bank loans | 0 | 0 | 0 | -301,755 | 301,755 | 110,938 | 188,998 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Group/Directors Accounts | 4,503,454 | -76,340 | -57,940 | 276,340 | 0 | 0 | 0 | 0 | -202,669 | -127,534 | 148,862 | -39,781 | 5,543 | 200,935 | 14,644 |
Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Long term loans | 0 | 0 | 0 | -50,000 | 50,000 | 13,886 | -169,882 | 582,235 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other long term liabilities | 0 | -341,646 | 11,450 | 341,646 | 0 | 37,500 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
share issue | |||||||||||||||
interest | 4,845 | 0 | 1,619,171 | 2,093,763 | 2,133,924 | 26,440 | 36,154 | 47,820 | 40,898 | 38,422 | 96,405 | 14,522 | 10,448 | 14,360 | 25,440 |
cash flow from financing | 4,519,369 | 295,329 | 201,526 | 1,207,286 | 6,474,462 | 188,764 | 55,270 | 630,055 | -161,771 | 20,537 | 245,267 | -25,259 | 15,991 | 215,295 | 383,975 |
cash and cash equivalents | |||||||||||||||
cash | -418,327 | 2,563,438 | 1,217,875 | -1,546,956 | 2,810,219 | 546,312 | 922,420 | -312,994 | 594,890 | 1,393,562 | 53,470 | -564,201 | 295,747 | -265,237 | 1,308,954 |
overdraft | 0 | -30,000 | -30,000 | 30,000 | 0 | 0 | -190,261 | 190,261 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
change in cash | -418,327 | 2,593,438 | 1,247,875 | -1,576,956 | 2,810,219 | 546,312 | 1,112,681 | -503,255 | 594,890 | 1,393,562 | 53,470 | -564,201 | 295,747 | -265,237 | 1,308,954 |
hfis limited Credit Report and Business Information
Hfis Limited Competitor Analysis
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Perform a competitor analysis for hfis limited by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other mid companies, companies in EC3R area or any other competitors across 12 key performance metrics.
hfis limited Ownership
HFIS LIMITED group structure
Hfis Limited has 8 subsidiary companies.
Ultimate parent company
2 parents
HFIS LIMITED
03252806
8 subsidiaries
hfis limited directors
Hfis Limited currently has 5 directors. The longest serving directors include Mr Edward Hooker (Sep 1996) and Mrs Teresa Dunne (Apr 2013).
officer | country | age | start | end | role |
---|---|---|---|---|---|
Mr Edward Hooker | England | 57 years | Sep 1996 | - | Director |
Mrs Teresa Dunne | England | 61 years | Apr 2013 | - | Director |
Mr Paul Shamplina | England | 53 years | Feb 2021 | - | Director |
Mr Steven Anson | England | 48 years | Jun 2022 | - | Director |
Mr Gerard Barrett | United Kingdom | 52 years | Oct 2024 | - | Director |
P&L
December 2023turnover
5.7m
+22%
operating profit
778.3k
-438%
gross margin
77.2%
+3.84%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
5.5m
+0.16%
total assets
17.7m
+0.68%
cash
3.4m
-0.11%
net assets
Total assets minus all liabilities
hfis limited company details
company number
03252806
Type
Private limited with Share Capital
industry
65120 - Non-life insurance
incorporation date
September 1996
age
29
incorporated
UK
ultimate parent company
accounts
Audit Exemption Subsidiary
last accounts submitted
December 2023
previous names
hfis plc (February 2022)
hamilton fraser insurance solutions limited (April 2004)
accountant
-
auditor
-
address
7th floor, corn exchange, 55 mark lane, london, EC3R 7NE
Bank
CLOSE BROTHERS LTD
Legal Advisor
-
hfis 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 hfis limited. Currently there are 0 open charges and 4 have been satisfied in the past.
hfis 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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hfis limited Companies House Filings - See Documents
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