Pomanda estimates the enterprise value of HAYS FOREIGN EXCHANGE LIMITED at £78m based on a Turnover of £24.8m and 3.14x industry multiple (adjusted for size and gross margin).
hays foreign exchange limitedEstimated Valuation
£193.4m
Pomanda estimates the enterprise value of HAYS FOREIGN EXCHANGE LIMITED at £193.4m based on an EBITDA of £12.6m and a 15.36x industry multiple (adjusted for size and gross margin).
hays foreign exchange limitedEstimated Valuation
£53.8m
Pomanda estimates the enterprise value of HAYS FOREIGN EXCHANGE LIMITED at £53.8m based on Net Assets of £27.7m and 1.94x industry multiple (adjusted for liquidity).
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Hays Foreign Exchange LimitedOverview
Hays Foreign Exchange Limited is a live company located in sunderland, SR1 3HA with a Companies House number of 03277863. It operates in the travel agency activities sector, SIC Code 79110. Founded in November 1996, it's largest shareholder is
hays travel ltd
with a 100% stake. Hays Foreign Exchange Limited is a mature,
large sized company, Pomanda has estimated its turnover at
£24.8m with
rapid
growth in recent years.
Pomanda's financial health check has awarded Hays Foreign Exchange Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 9 measures and has 2 areas for improvement. Company Health Check FAQs
Health Rating5out of 5
9 Strong
0 Regular
2 Weak
Size
annual sales of £24.8m, make it larger than the average company (£13.2m)
£24.8m - Hays Foreign Exchange Limited
£13.2m - Industry AVG
Growth
3 year (CAGR) sales growth of 56%, show it is growing at a faster rate (40.3%)
56% - Hays Foreign Exchange Limited
40.3% - Industry AVG
Production
with a gross margin of 80.6%, this company has a lower cost of product (24.1%)
80.6% - Hays Foreign Exchange Limited
24.1% - Industry AVG
Profitability
an operating margin of 50.5% make it more profitable than the average company (4.4%)
50.5% - Hays Foreign Exchange Limited
4.4% - Industry AVG
Employees
with 301 employees, this is above the industry average (36)
301 - Hays Foreign Exchange Limited
36 - Industry AVG
Pay Structure
on an average salary of £22k, the company has a lower pay structure (£43.7k)
£22k - Hays Foreign Exchange Limited
£43.7k - Industry AVG
Efficiency
resulting in sales per employee of £82.6k, this is less efficient (£316.8k)
£82.6k - Hays Foreign Exchange Limited
£316.8k - Industry AVG
Debtor Days
it gets paid by customers after 1 days, this is earlier than average (24 days)
1 days - Hays Foreign Exchange Limited
24 days - Industry AVG
Creditor Days
its suppliers are paid after 20 days, this is quicker than average (29 days)
20 days - Hays Foreign Exchange Limited
29 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Hays Foreign Exchange Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities
for 201 weeks, this is more cash available to meet short term requirements (25 weeks)
201 weeks - Hays Foreign Exchange Limited
25 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 18.8%, this is a lower level of debt than the average (78.7%)
18.8% - Hays Foreign Exchange Limited
78.7% - Industry AVG
HAYS FOREIGN EXCHANGE LIMITED financials
EXPORT
Hays Foreign Exchange Limited's latest turnover from April 2024 is £24.8 million and the company has net assets of £27.7 million. According to their latest financial statements, Hays Foreign Exchange Limited has 301 employees and maintains cash reserves of £24.8 million as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Apr 2024
Apr 2023
Apr 2022
Apr 2021
Oct 2019
Oct 2018
Oct 2017
Oct 2016
Oct 2015
Oct 2014
Oct 2013
Oct 2012
Oct 2011
Oct 2010
Oct 2009
Turnover
24,848,000
21,535,000
20,922,000
6,543,000
5,665,864
5,218,000
133,931,136
109,758,072
93,444,749
70,817,714
60,892,878
71,884,881
61,269,076
59,773,488
51,164,966
Other Income Or Grants
Cost Of Sales
4,832,000
4,064,000
14,514,000
866,000
1,454,516
1,192,820
130,356,703
106,757,830
90,853,378
68,644,188
59,157,745
70,063,260
59,543,284
58,091,562
49,555,434
Gross Profit
20,016,000
17,471,000
6,408,000
5,677,000
4,211,348
4,025,180
3,574,433
3,000,242
2,591,371
2,173,526
1,735,133
1,821,621
1,725,792
1,681,926
1,609,532
Admin Expenses
7,465,000
4,687,000
1,663,000
5,680,000
2,531,698
2,301,954
2,094,209
1,092,044
1,806,288
1,487,726
1,164,091
1,365,726
1,158,040
1,014,080
958,593
Operating Profit
12,551,000
12,784,000
4,745,000
-3,000
1,679,650
1,723,226
1,480,224
1,908,198
785,083
685,800
571,042
455,895
567,752
667,846
650,939
Interest Payable
248
1,676
Interest Receivable
66,000
1,000
970
449
5,701
4,503
5,065
3,672
6,092
12,771
Pre-Tax Profit
12,617,000
12,785,000
4,748,000
-3,000
1,679,650
1,724,196
1,480,224
1,908,198
785,532
691,501
575,545
460,960
571,424
673,690
662,034
Tax
-3,314,000
-2,977,000
2,320,000
5,000
-318,336
-327,570
-287,087
-380,371
-159,166
-149,430
-132,720
-116,070
-151,613
-187,656
-195,277
Profit After Tax
9,303,000
9,808,000
7,068,000
2,000
1,361,314
1,396,626
1,193,137
1,527,827
626,366
542,071
442,825
344,890
419,811
486,034
466,757
Dividends Paid
5,500,000
3,000,000
1,000,000
Retained Profit
9,303,000
9,808,000
7,068,000
-5,498,000
1,361,314
1,396,626
1,193,137
1,527,827
626,366
542,071
-2,557,175
344,890
419,811
-513,966
466,757
Employee Costs
6,608,000
4,688,000
1,057,000
6,590,000
1,988,832
1,834,591
1,627,912
1,500,592
1,229,502
937,857
786,106
818,250
807,581
676,548
Number Of Employees
301
245
93
185
117
105
100
98
81
61
50
52
54
47
EBITDA*
12,591,000
12,818,000
4,785,000
51,000
1,680,283
1,728,969
1,485,967
1,910,611
786,789
688,947
580,438
471,427
579,834
688,229
699,770
* Earnings Before Interest, Tax, Depreciation and Amortisation
Apr 2024
Apr 2023
Apr 2022
Apr 2021
Oct 2019
Oct 2018
Oct 2017
Oct 2016
Oct 2015
Oct 2014
Oct 2013
Oct 2012
Oct 2011
Oct 2010
Oct 2009
Tangible Assets
71,000
56,000
92,000
142,000
633
6,376
12,119
977
2,683
4,830
35,310
33,645
22,403
27,244
Intangible Assets
Investments & Other
17,000
22,000
2,242,000
5,000
Debtors (Due After 1 year)
Total Fixed Assets
88,000
78,000
2,334,000
147,000
633
6,376
12,119
977
2,683
4,830
35,310
33,645
22,403
27,244
Stock & work in progress
Trade Debtors
121,000
89,000
170,000
4,000
3,868
186,582
112,596
5,590
12,982
8,290
11,750
12,824
Group Debtors
9,047,000
6,049,000
70,000
10,000
1,252
11,158
376
119
2,438
401
700,000
Misc Debtors
25,000
22,000
65,000
62,000
64,754
27,676
19,852
20,717
17,103
22,516
10,712
12,066
12,975
16,488
21,564
Cash
24,778,000
23,757,000
17,847,000
7,544,000
8,272,270
6,754,614
5,165,446
3,967,687
1,861,044
2,364,919
3,541,047
2,429,505
2,732,218
2,322,621
2,973,615
misc current assets
total current assets
33,971,000
29,917,000
18,152,000
7,620,000
8,338,276
6,793,448
5,185,674
3,992,391
2,067,167
2,500,432
3,557,349
3,154,553
2,753,483
2,350,859
3,008,003
total assets
34,059,000
29,995,000
20,486,000
7,767,000
8,338,276
6,794,081
5,192,050
4,004,510
2,068,144
2,503,115
3,562,179
3,189,863
2,787,128
2,373,262
3,035,247
Bank overdraft
Bank loan
Trade Creditors
271,000
521,000
365,000
108,000
39,399
35,775
33,885
30,971
289,251
30,963
60,905
137,531
87,548
106,890
93,920
Group/Directors Accounts
1,452,000
10,202,000
10,976,000
5,634,000
937,171
721,952
568,594
477,281
33,814
1,501,336
3,011,611
317
49,839
other short term finances
hp & lease commitments
other current liabilities
4,671,000
910,000
592,000
540,000
378,427
414,389
363,262
464,056
240,704
92,807
153,725
158,902
151,357
137,960
249,110
total current liabilities
6,394,000
11,633,000
11,933,000
6,282,000
1,354,997
1,172,116
965,741
972,308
563,769
1,625,106
3,226,241
296,750
238,905
244,850
392,869
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
total long term liabilities
total liabilities
6,394,000
11,633,000
11,933,000
6,282,000
1,354,997
1,172,116
965,741
972,308
563,769
1,625,106
3,226,241
296,750
238,905
244,850
392,869
net assets
27,665,000
18,362,000
8,553,000
1,485,000
6,983,279
5,621,965
4,226,309
3,032,202
1,504,375
878,009
335,938
2,893,113
2,548,223
2,128,412
2,642,378
total shareholders funds
27,665,000
18,362,000
8,553,000
1,485,000
6,983,279
5,621,965
4,226,309
3,032,202
1,504,375
878,009
335,938
2,893,113
2,548,223
2,128,412
2,642,378
Apr 2024
Apr 2023
Apr 2022
Apr 2021
Oct 2019
Oct 2018
Oct 2017
Oct 2016
Oct 2015
Oct 2014
Oct 2013
Oct 2012
Oct 2011
Oct 2010
Oct 2009
Operating Activities
Operating Profit
12,551,000
12,784,000
4,745,000
-3,000
1,679,650
1,723,226
1,480,224
1,908,198
785,083
685,800
571,042
455,895
567,752
667,846
650,939
Depreciation
40,000
34,000
40,000
54,000
633
5,743
5,743
2,413
1,706
3,147
9,396
15,532
12,082
20,383
48,831
Amortisation
Tax
-3,314,000
-2,977,000
2,320,000
5,000
-318,336
-327,570
-287,087
-380,371
-159,166
-149,430
-132,720
-116,070
-151,613
-187,656
-195,277
Stock
Debtors
3,033,000
5,855,000
229,000
76,000
27,172
18,606
-4,476
-181,419
70,610
119,211
-708,746
703,783
-6,973
-6,150
34,388
Creditors
-250,000
156,000
257,000
108,000
3,624
1,890
2,914
-258,280
258,288
-29,942
-76,626
49,983
-19,342
12,970
93,920
Accruals and Deferred Income
3,761,000
318,000
52,000
540,000
-35,962
51,127
-100,794
223,352
147,897
-60,918
-5,177
7,545
13,397
-111,150
249,110
Deferred Taxes & Provisions
Cash flow from operations
9,755,000
4,460,000
7,185,000
628,000
1,302,437
1,435,810
1,105,476
1,676,731
963,198
329,446
1,074,661
-290,898
429,249
408,543
813,135
Investing Activities
capital expenditure
-55,000
2,000
10,000
-196,000
-13,555
-1,000
21,084
-17,197
-23,324
-15,542
-76,075
Change in Investments
-5,000
-2,220,000
2,237,000
5,000
cash flow from investments
-50,000
2,222,000
-2,227,000
-201,000
-13,555
-1,000
21,084
-17,197
-23,324
-15,542
-76,075
Financing Activities
Bank loans
Group/Directors Accounts
-8,750,000
-774,000
5,342,000
5,634,000
215,219
153,358
91,313
443,467
-1,467,522
-1,510,275
3,011,294
317
-49,839
49,839
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
share issue
1,000
6,983,000
-970
970
2,175,621
interest
66,000
1,000
970
449
5,701
4,503
5,065
3,672
5,844
11,095
cash flow from financing
-8,684,000
-772,000
5,342,000
12,617,000
215,219
153,358
92,283
443,467
-1,467,073
-1,504,574
3,015,797
5,382
3,672
-43,995
2,236,555
cash and cash equivalents
cash
1,021,000
5,910,000
10,303,000
7,544,000
1,517,656
1,589,168
1,197,759
2,106,643
-503,875
-1,176,128
1,111,542
-302,713
409,597
-650,994
2,973,615
overdraft
change in cash
1,021,000
5,910,000
10,303,000
7,544,000
1,517,656
1,589,168
1,197,759
2,106,643
-503,875
-1,176,128
1,111,542
-302,713
409,597
-650,994
2,973,615
hays foreign exchange 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 hays foreign exchange limited. Get real-time insights into hays foreign exchange limited's credit score, group structure and payment trends.
Perform a competitor analysis for hays foreign exchange limited by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other large companies, companies in SR1 area or any other competitors across 12 key performance metrics.
hays foreign exchange limited Ownership
HAYS FOREIGN EXCHANGE LIMITED group structure
Hays Foreign Exchange Limited has no subsidiary companies.
The sole shareholder of Hays Foreign Exchange Limited is Hays Travel Ltd.
hays travel ltd
100%
hays foreign exchange limited directors
Hays Foreign Exchange Limited currently has 3 directors.
The longest serving directors include
Mrs Jane Schumm (Dec 2013) and
Mrs Irene Hays (Feb 2019).
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 1 charges/mortgages relating to hays foreign exchange limited. Currently there are 1 open charges and 0 have been satisfied in the past.
hays foreign exchange 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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hays foreign exchange limitedCompanies House Filings - See Documents
