haydock asset finance limited

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haydock asset finance limited Company Information

Share HAYDOCK ASSET FINANCE LIMITED

Company Number

03697027

Shareholders

haydock finance holdings ltd

Group Structure

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Industry

Credit granting by non-deposit taking finance houses and other specialist consumer credit grantors

 +1

Registered Address

challenge house challenge way, blackburn, BB1 5QB

haydock asset finance limited Estimated Valuation

£2.2m

Pomanda estimates the enterprise value of HAYDOCK ASSET FINANCE LIMITED at £2.2m based on a Turnover of £1.8m and 1.18x industry multiple (adjusted for size and gross margin).

haydock asset finance limited Estimated Valuation

£0

Pomanda estimates the enterprise value of HAYDOCK ASSET FINANCE LIMITED at £0 based on an EBITDA of £-29.4k and a 4.48x industry multiple (adjusted for size and gross margin).

haydock asset finance limited Estimated Valuation

£10.8m

Pomanda estimates the enterprise value of HAYDOCK ASSET FINANCE LIMITED at £10.8m based on Net Assets of £4.9m and 2.21x industry multiple (adjusted for liquidity).

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Haydock Asset Finance Limited Overview

Haydock Asset Finance Limited is a live company located in blackburn, BB1 5QB with a Companies House number of 03697027. It operates in the financial leasing sector, SIC Code 64910. Founded in January 1999, it's largest shareholder is haydock finance holdings ltd with a 100% stake. Haydock Asset Finance Limited is a mature, small sized company, Pomanda has estimated its turnover at £1.8m with rapid growth in recent years.

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Haydock Asset Finance Limited Health Check

Pomanda's financial health check has awarded Haydock Asset Finance Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 5 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating3.5out of 5
positive_score

3 Strong

positive_score

2 Regular

positive_score

5 Weak

size

Size

annual sales of £1.8m, make it smaller than the average company (£9.5m)

£1.8m - Haydock Asset Finance Limited

£9.5m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 49%, show it is growing at a faster rate (8.8%)

49% - Haydock Asset Finance Limited

8.8% - Industry AVG

production

Production

with a gross margin of 33.2%, this company has a comparable cost of product (33.2%)

33.2% - Haydock Asset Finance Limited

33.2% - Industry AVG

profitability

Profitability

an operating margin of -1.6% make it less profitable than the average company (22.3%)

-1.6% - Haydock Asset Finance Limited

22.3% - Industry AVG

employees

Employees

with 6 employees, this is below the industry average (12)

6 - Haydock Asset Finance Limited

12 - Industry AVG

paystructure

Pay Structure

on an average salary of £67.6k, the company has an equivalent pay structure (£67.6k)

£67.6k - Haydock Asset Finance Limited

£67.6k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £305.5k, this is less efficient (£490.6k)

£305.5k - Haydock Asset Finance Limited

£490.6k - Industry AVG

debtordays

Debtor Days

There is insufficient data available for this Key Performance Indicator!

- - Haydock Asset Finance Limited

- - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 0 days, this is quicker than average (93 days)

0 days - Haydock Asset Finance Limited

93 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Haydock Asset Finance Limited

- - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 18 weeks, this is more cash available to meet short term requirements (5 weeks)

18 weeks - Haydock Asset Finance Limited

5 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 1.6%, this is a lower level of debt than the average (98.1%)

1.6% - Haydock Asset Finance Limited

98.1% - Industry AVG

HAYDOCK ASSET FINANCE LIMITED financials

EXPORTms excel logo

Haydock Asset Finance Limited's latest turnover from December 2023 is estimated at £1.8 million and the company has net assets of £4.9 million. According to their latest financial statements, Haydock Asset Finance Limited has 6 employees and maintains cash reserves of £28 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Mar 2011Mar 2010
Turnover1,832,7641,614,956186,000555,0001,301,0003,088,0004,402,0004,872,0004,604,0002,756,000239,0001,299,2402,352,3191,248,622704,303
Other Income Or Grants
Cost Of Sales1,224,0181,001,298112,368343,858817,3431,886,0462,377,6072,026,3571,600,4151,091,360106,900594,9041,130,492528,358365,490
Gross Profit608,746613,65873,632211,142483,6571,201,9542,024,3932,845,6433,003,5851,664,640132,100704,3351,221,827720,264338,813
Admin Expenses638,161577,356-170,368-93,858-332,343195,954386,393-726,357406,585-626,360-110,900349,6401,022,905589,6862,965,610
Operating Profit-29,41536,302244,000305,000816,0001,006,0001,638,0003,572,0002,597,0002,291,000243,000354,695198,922130,578-2,626,797
Interest Payable26,88536,00036,000445,0001,001,0001,390,0001,303,0001,324,000748,00074,000
Interest Receivable2,4156,6332,0002,0001,31532870419
Pre-Tax Profit-27,00016,049208,000269,000371,0001,006,000248,0002,271,0001,275,0001,543,000169,000356,011199,250131,282-2,626,778
Tax-3,0499,000-9,000-73,000-166,000-95,000-475,000-337,000300,000-1,000-85,443-51,805-36,759
Profit After Tax-27,00013,000217,000260,000298,000840,000153,0001,796,000938,0001,843,000168,000270,568147,44594,523-2,626,778
Dividends Paid
Retained Profit-27,00013,000217,000260,000298,000840,000153,0001,796,000938,0001,843,000168,000270,568147,44594,523-2,626,778
Employee Costs405,531394,712397,830323,839313,790172,315290,0791,299,0411,210,161641,24149,727202,734380,497226,315139,822
Number Of Employees666553523231314853
EBITDA*-29,41536,302244,000305,000816,0001,006,0001,638,0003,572,0002,597,0002,291,000243,000354,695198,922130,578-2,626,797

* Earnings Before Interest, Tax, Depreciation and Amortisation

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Mar 2011Mar 2010
Tangible Assets
Intangible Assets
Investments & Other
Debtors (Due After 1 year)725,0002,975,0008,064,00020,179,00021,512,00018,795,00014,346,0001,670,000831,477841,602932,652760,119
Total Fixed Assets725,0002,975,0008,064,00020,179,00021,512,00018,795,00014,346,0001,670,000831,477841,602932,652760,119
Stock & work in progress
Trade Debtors1,034,000581,1441,188,44340,798117,154
Group Debtors4,690,0004,655,0004,199,0003,576,0004,348,00012,228,000
Misc Debtors252,000280,0001,040,0002,079,0004,166,0007,509,00011,465,00012,278,00012,206,00012,099,000
Cash28,00064,000315,000202,000709,000310,000592,000743,000281,000651,00086,000402,571123,514274,0637,548
misc current assets
total current assets4,970,0004,999,0005,554,0005,857,0009,223,00020,047,00012,057,00013,021,00012,487,00012,750,0001,120,000983,7151,311,957314,861124,702
total assets4,970,0004,999,0005,554,0006,582,00012,198,00028,111,00032,236,00034,533,00031,282,00027,096,0002,790,0001,815,1922,153,5591,247,513884,821
Bank overdraft26,832,00035,000434,000508,000
Bank loan
Trade Creditors 3,0003,0003,0001,0001,0003,00047,00069,0001,000458,712861,404674,973348,318
Group/Directors Accounts71,00071,00071,00071,00071,00071,0001,263,0002,980,0002,376,000837,000
other short term finances566,0001,217,0004,040,0006,946,000
hp & lease commitments
other current liabilities6,0008,00010,00068,000230,000130,000558,000695,000341,000552,000875,000
total current liabilities80,00082,000650,0001,356,0004,342,0007,148,00028,656,0003,757,0003,220,0001,898,000875,000458,712861,404674,973348,318
loans535,0003,370,00016,631,00027,170,00026,316,00024,550,000
hp & lease commitments
Accruals and Deferred Income
other liabilities4,00059,000114,000256,000361,000406,000246,0003,356,0002,965,2453,171,4882,504,7952,563,281
provisions89,00035,000109,000
total long term liabilities539,0003,429,00016,834,000291,00027,640,00026,722,00024,796,0003,356,0002,965,2453,171,4882,504,7952,563,281
total liabilities80,00082,000650,0001,895,0007,771,00023,982,00028,947,00031,397,00029,942,00026,694,0004,231,0003,423,9574,032,8923,179,7682,911,599
net assets4,890,0004,917,0004,904,0004,687,0004,427,0004,129,0003,289,0003,136,0001,340,000402,000-1,441,000-1,608,765-1,879,333-1,932,255-2,026,778
total shareholders funds4,890,0004,917,0004,904,0004,687,0004,427,0004,129,0003,289,0003,136,0001,340,000402,000-1,441,000-1,608,765-1,879,333-1,932,255-2,026,778
Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Mar 2011Mar 2010
Operating Activities
Operating Profit-29,41536,302244,000305,000816,0001,006,0001,638,0003,572,0002,597,0002,291,000243,000354,695198,922130,578-2,626,797
Depreciation
Amortisation
Tax-3,0499,000-9,000-73,000-166,000-95,000-475,000-337,000300,000-1,000-85,443-51,805-36,759
Stock
Debtors7,000-304,000-1,141,000-5,109,000-16,312,000-3,843,000-2,146,0002,789,0004,556,00023,741,0001,291,379-617,4241,152,77296,177877,273
Creditors3,000-1,000-2,000-44,000-22,00068,0001,000-458,712-402,692513,086326,655348,318
Accruals and Deferred Income-2,000-2,000-58,000-162,000100,000-428,000-137,000354,000-211,000-323,000875,000
Deferred Taxes & Provisions-89,00054,000-74,000109,000
Cash flow from operations-38,415335,2531,339,0005,242,00017,066,0004,307,0003,434,000749,000-2,439,000-21,472,000-633,091483,984-492,569324,297-3,155,752
Investing Activities
capital expenditure
Change in Investments
cash flow from investments
Financing Activities
Bank loans
Group/Directors Accounts-1,192,000-1,717,000604,0001,539,000837,000
Other Short Term Loans -566,000-651,000-2,823,000-2,906,0006,946,000
Long term loans-535,000-2,835,000-13,261,00016,631,000-27,170,000854,0001,766,00024,550,000
Hire Purchase and Lease Commitments
other long term liabilities-4,000-55,000-55,000-142,000-105,000-45,000160,000-3,110,000390,755-206,243608,207-58,4862,563,281
share issue-235600,000
interest2,415-20,252-36,000-36,000-445,000-1,001,000-1,390,000-1,301,000-1,322,000-748,000-74,0001,31532870419
cash flow from financing2,415-586,252-1,226,000-5,749,000-16,667,00021,242,000-30,382,000112,0002,143,00021,529,000316,520-204,928608,535-57,7823,163,300
cash and cash equivalents
cash-36,000-251,000113,000-507,000399,000-282,000-151,000462,000-370,000565,000-316,571279,057115,966266,5157,548
overdraft-26,832,00026,797,000-399,000-74,000508,000
change in cash-36,000-251,000113,000-507,000399,00026,550,000-26,948,000861,000-296,00057,000-316,571279,057115,966266,5157,548

haydock asset finance 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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Haydock Asset Finance Limited Competitor Analysis

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Perform a competitor analysis for haydock asset finance limited by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other small companies, companies in BB1 area or any other competitors across 12 key performance metrics.

haydock asset finance limited Ownership

HAYDOCK ASSET FINANCE LIMITED group structure

Haydock Asset Finance Limited has no subsidiary companies.

Ultimate parent company

ATHENE HD INVESTOR LP

#0122383

2 parents

HAYDOCK ASSET FINANCE LIMITED

03697027

HAYDOCK ASSET FINANCE LIMITED Shareholders

haydock finance holdings ltd 100%

haydock asset finance limited directors

Haydock Asset Finance Limited currently has 6 directors. The longest serving directors include Mr Jonathan Wilkinson (Jan 1999) and Mr Steven Worrall (Jan 2014).

officercountryagestartendrole
Mr Jonathan Wilkinson72 years Jan 1999- Director
Mr Steven Worrall54 years Jan 2014- Director
Mr Ian BarrEngland60 years Feb 2014- Director
Mr John JenkinsEngland60 years Jan 2019- Director
Mr James PearsonUnited Kingdom53 years Jun 2019- Director
Mr Andrew TaylorEngland52 years Sep 2019- Director

P&L

December 2023

turnover

1.8m

+13%

operating profit

-29.4k

0%

gross margin

33.3%

-12.59%

turnover

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

Balance Sheet

December 2023

net assets

4.9m

-0.01%

total assets

5m

-0.01%

cash

28k

-0.56%

net assets

Total assets minus all liabilities

haydock asset finance limited company details

company number

03697027

Type

Private limited with Share Capital

industry

64921 - Credit granting by non-deposit taking finance houses and other specialist consumer credit grantors

64910 - Financial leasing

incorporation date

January 1999

age

26

incorporated

UK

ultimate parent company

ATHENE HD INVESTOR LP

accounts

Small Company

last accounts submitted

December 2023

previous names

norwest sales limited (January 2011)

accountant

AZETS AUDIT SERVICES LIMITED

auditor

-

address

challenge house challenge way, blackburn, BB1 5QB

Bank

-

Legal Advisor

-

haydock asset finance 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 13 charges/mortgages relating to haydock asset finance limited. Currently there are 2 open charges and 11 have been satisfied in the past.

haydock asset finance 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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haydock asset finance limited Companies House Filings - See Documents

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