g l hearn limited
g l hearn limited Company Information
Company Number
03798877
Website
www.glhearn.comRegistered Address
wsp house 70 chancery lane, london, WC2A 1AF
Industry
Other professional, scientific and technical activities (not including environmental consultancy or quantity surveying) n.e.c.
Telephone
02078514900
Next Accounts Due
September 2024
Group Structure
View All
Shareholders
wsp uk limited 100%
g l hearn limited Estimated Valuation
The estimated valuation range for g l hearn limited, derived from financial data as of December 2022 and the most recent industry multiples, is between £14.7m to £19.1m
g l hearn limited Estimated Valuation
The estimated valuation range for g l hearn limited, derived from financial data as of December 2022 and the most recent industry multiples, is between £14.7m to £19.1m
g l hearn limited Estimated Valuation
The estimated valuation range for g l hearn limited, derived from financial data as of December 2022 and the most recent industry multiples, is between £14.7m to £19.1m
Get a detailed valuation report, edit figures and unlock valuation multiples.
G L Hearn Limited AI Business Plan
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G L Hearn Limited Overview
G L Hearn Limited is a live company located in london, WC2A 1AF with a Companies House number of 03798877. It operates in the other professional, scientific and technical activities n.e.c. sector, SIC Code 74909. Founded in June 1999, it's largest shareholder is wsp uk limited with a 100% stake. G L Hearn Limited is a mature, large sized company, Pomanda has estimated its turnover at £22.3m with declining growth in recent years.
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G L Hearn Limited Health Check
Pomanda's financial health check has awarded G L Hearn Limited a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 5 areas for improvement. Company Health Check FAQs
5 Strong
1 Regular
5 Weak
Size
annual sales of £22.3m, make it larger than the average company (£2.6m)
£22.3m - G L Hearn Limited
£2.6m - Industry AVG
Growth
3 year (CAGR) sales growth of -6%, show it is growing at a slower rate (4.5%)
-6% - G L Hearn Limited
4.5% - Industry AVG
Production
with a gross margin of 32.6%, this company has a higher cost of product (43.7%)
32.6% - G L Hearn Limited
43.7% - Industry AVG
Profitability
an operating margin of 14.5% make it more profitable than the average company (5.8%)
14.5% - G L Hearn Limited
5.8% - Industry AVG
Employees
with 223 employees, this is above the industry average (21)
223 - G L Hearn Limited
21 - Industry AVG
Pay Structure
on an average salary of £63.8k, the company has a higher pay structure (£50.6k)
£63.8k - G L Hearn Limited
£50.6k - Industry AVG
Efficiency
resulting in sales per employee of £100k, this is less efficient (£126.1k)
£100k - G L Hearn Limited
£126.1k - Industry AVG
Debtor Days
it gets paid by customers after 65 days, this is near the average (57 days)
65 days - G L Hearn Limited
57 days - Industry AVG
Creditor Days
its suppliers are paid after 9 days, this is quicker than average (32 days)
9 days - G L Hearn Limited
32 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - G L Hearn Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 54 weeks, this is more cash available to meet short term requirements (26 weeks)
54 weeks - G L Hearn Limited
26 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 29.5%, this is a lower level of debt than the average (54.6%)
29.5% - G L Hearn Limited
54.6% - Industry AVG
g l hearn limited Credit Report and Business Information
G L Hearn Limited Competitor Analysis
Perform a competitor analysis for g l hearn limited by selecting its closest rivals and benchmarking them against 12 key performance metrics.
g l hearn limited Ownership
G L HEARN LIMITED group structure
G L Hearn Limited has 1 subsidiary company.
Ultimate parent company
WSP GLOBAL INC
#0069072
2 parents
G L HEARN LIMITED
03798877
1 subsidiary
g l hearn limited directors
G L Hearn Limited currently has 3 directors. The longest serving directors include Mr Miles Barnard (Sep 2022) and Mr Mark Naysmith (Sep 2022).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Miles Barnard | England | 58 years | Sep 2022 | - | Director |
| Mr Mark Naysmith | United Kingdom | 57 years | Sep 2022 | - | Director |
| Mr Richard Williamson | England | 58 years | Sep 2023 | - | Director |
G L HEARN LIMITED financials
G L Hearn Limited's latest turnover from December 2022 is £22.3 million and the company has net assets of £8.3 million. According to their latest financial statements, G L Hearn Limited has 223 employees and maintains cash reserves of £3.5 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | May 2015 | May 2014 | May 2013 | May 2012 | May 2011 | May 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 22,294,369 | 21,237,377 | 21,928,421 | 26,818,504 | 34,302,578 | 34,078,259 | 33,990,102 | 18,684,362 | 31,662,226 | 25,652,890 | 22,971,917 | 20,392,032 | 19,125,936 | 17,114,625 |
| Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cost Of Sales | 15,027,850 | 15,347,529 | 16,329,677 | 18,958,745 | 21,565,768 | 21,695,212 | 20,933,453 | 11,035,347 | 15,917,810 | 12,990,764 | 12,525,848 | 12,201,886 | 11,144,513 | 10,373,271 |
| Gross Profit | 7,266,519 | 5,889,848 | 5,598,744 | 7,859,759 | 12,736,810 | 12,383,047 | 13,056,649 | 7,649,015 | 15,744,416 | 12,662,126 | 10,446,069 | 8,190,146 | 7,981,423 | 6,741,354 |
| Admin Expenses | 4,036,249 | 4,715,899 | 5,833,699 | 6,697,819 | 9,400,172 | 9,602,568 | 4,897,671 | 10,603,341 | 10,978,396 | 11,294,478 | 8,351,070 | 7,414,313 | 7,620,119 | 5,433,112 |
| Operating Profit | 3,230,270 | 1,173,949 | -234,955 | 1,161,940 | 3,336,638 | 2,780,479 | 8,158,978 | -2,954,326 | 4,766,020 | 1,367,648 | 2,094,999 | 775,833 | 361,304 | 1,308,242 |
| Interest Payable | 6,877 | 0 | 0 | 202 | 0 | 0 | 0 | 1,392 | 23,208 | 34,568 | 31,787 | 17,063 | 31 | 2,800 |
| Interest Receivable | 0 | 628 | 0 | 0 | 0 | 224,984 | 69,691 | 13,526 | 43,537 | 79,799 | 90,550 | 33,923 | 22,736 | 12,338 |
| Pre-Tax Profit | 3,326,214 | 1,174,577 | -234,955 | 1,161,738 | 3,336,638 | 3,005,463 | 8,228,669 | -2,942,192 | 4,786,349 | 1,412,879 | 2,153,762 | 792,693 | 384,009 | 1,317,780 |
| Tax | -620,472 | -174,886 | 58,835 | -249,329 | -680,558 | -537,879 | -1,246,240 | 1,080,054 | -1,078,449 | -442,190 | -596,511 | -295,924 | -194,324 | -496,484 |
| Profit After Tax | 2,705,742 | 999,691 | -176,120 | 912,409 | 2,656,080 | 2,467,584 | 6,982,429 | -1,862,138 | 3,707,900 | 970,689 | 1,557,251 | 496,769 | 189,685 | 821,296 |
| Dividends Paid | 18,124,640 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 212,312 | 181,826 | 153,303 | 121,140 | 157,350 | 167,202 |
| Retained Profit | -15,418,898 | 999,691 | -176,120 | 912,409 | 2,656,080 | 2,467,584 | 6,982,429 | -1,862,138 | 3,495,588 | 788,863 | 1,403,948 | 375,629 | 32,335 | 654,094 |
| Employee Costs | 14,236,229 | 14,551,377 | 14,237,170 | 16,236,297 | 19,471,202 | 20,880,590 | 17,425,016 | 13,212,558 | 18,154,168 | 16,053,374 | 14,098,920 | 13,563,469 | 12,938,019 | 10,248,489 |
| Number Of Employees | 223 | 231 | 255 | 252 | 291 | 298 | 277 | 269 | 237 | 213 | 207 | 205 | 193 | 180 |
| EBITDA* | 3,504,985 | 1,361,719 | -199,132 | 1,259,696 | 3,535,397 | 3,042,906 | 8,450,769 | -2,783,544 | 5,548,653 | 2,016,133 | 2,754,525 | 1,367,164 | 880,389 | 1,899,269 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | May 2015 | May 2014 | May 2013 | May 2012 | May 2011 | May 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 470,955 | 274,637 | 380,556 | 642,903 | 317,336 | 594,815 | 1,106,244 | 677,940 | 1,339,912 | 1,527,103 | 812,167 | 904,919 | 784,809 | 795,173 |
| Intangible Assets | 1,622,587 | 1,622,587 | 1,627,606 | 975,654 | 975,654 | 975,654 | 975,654 | 975,654 | 764,550 | 979,745 | 1,194,940 | 1,410,235 | 1,280,430 | 1,431,050 |
| Investments & Other | 258,657 | 3,816 | 3,816 | 3,816 | 3,816 | 3,816 | 3,816 | 3,816 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 228,149 | 207,567 | 297,215 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 2,352,199 | 1,897,224 | 2,008,162 | 1,321,342 | 1,292,990 | 1,570,469 | 2,081,898 | 1,657,410 | 2,104,462 | 2,506,848 | 2,007,107 | 2,315,154 | 2,065,239 | 2,226,223 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1,151,618 | 1,285,968 |
| Trade Debtors | 3,997,695 | 3,735,122 | 3,896,231 | 4,837,865 | 9,737,722 | 11,401,985 | 14,929,524 | 8,315,570 | 9,147,221 | 5,991,674 | 6,637,835 | 5,191,446 | 4,751,035 | 4,045,428 |
| Group Debtors | 59,002 | 14,516,155 | 14,624,873 | 19,267,586 | 18,542,761 | 13,731,584 | 13,990,692 | 8,619,766 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 1,821,116 | 1,210,965 | 1,444,659 | 2,422,209 | 645,971 | 794,867 | 0 | 2,093,803 | 3,215,309 | 2,522,915 | 2,616,389 | 2,347,567 | 822,290 | 425,182 |
| Cash | 3,515,146 | 2,825,818 | 1,510,080 | 0 | 0 | 729,431 | 83,571 | 262,199 | 4,374,847 | 3,399,357 | 1,654,891 | 1,067,311 | 1,132,381 | 1,283,553 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 17,687 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 9,392,959 | 22,288,060 | 21,475,843 | 26,527,660 | 28,926,454 | 26,675,554 | 29,003,787 | 19,291,338 | 16,737,377 | 11,913,946 | 10,909,115 | 8,606,324 | 7,857,324 | 7,040,131 |
| total assets | 11,745,158 | 24,185,284 | 23,484,005 | 27,849,002 | 30,219,444 | 28,246,023 | 31,085,685 | 20,948,748 | 18,841,839 | 14,420,794 | 12,916,222 | 10,921,478 | 9,922,563 | 9,266,354 |
| Bank overdraft | 0 | 0 | 0 | 1,178,923 | 1,934,954 | 0 | 0 | 0 | 0 | 0 | 424,560 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 328,027 | 610,668 | 0 | 223,456 | 0 | 0 |
| Trade Creditors | 400,069 | 338,860 | 469,742 | 588,000 | 429,739 | 3,155,430 | 7,017,797 | 1,206,519 | 1,070,422 | 760,004 | 530,966 | 1,004,033 | 664,582 | 742,450 |
| Group/Directors Accounts | 22,793 | 0 | 0 | 0 | 0 | 0 | 0 | 3,224,147 | 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 | 149,957 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 8,109 | 16,218 | 16,218 | 0 | 0 |
| other current liabilities | 2,757,066 | 1,757,371 | 1,897,582 | 3,650,492 | 6,325,562 | 5,725,797 | 7,064,812 | 6,777,042 | 6,331,748 | 5,318,390 | 3,616,508 | 2,704,915 | 3,111,057 | 1,974,912 |
| total current liabilities | 3,329,885 | 2,096,231 | 2,367,324 | 5,417,415 | 8,690,255 | 8,881,227 | 14,082,609 | 11,207,708 | 7,730,197 | 6,697,171 | 4,588,252 | 3,948,622 | 3,775,639 | 2,717,362 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 122,893 | 456,312 | 623,319 | 628,411 | 0 | 0 |
| hp & lease commitments | 132,727 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 8,109 | 24,328 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 69,785 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 787 | 7,444 | 34,763 | 59,774 | 0 | 0 | 0 | 0 | 0 | 300 | 85,000 | 85,000 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 1,122,944 | 1,334,672 | 387,729 | 352,112 | 319,599 | 411,263 | 552,686 | 526,297 | 538,728 |
| total long term liabilities | 133,514 | 7,444 | 34,763 | 59,774 | 69,785 | 561,472 | 667,336 | 387,729 | 475,005 | 776,211 | 1,127,691 | 1,290,425 | 526,297 | 538,728 |
| total liabilities | 3,463,399 | 2,103,675 | 2,402,087 | 5,477,189 | 8,760,040 | 9,442,699 | 14,749,945 | 11,595,437 | 8,205,202 | 7,473,382 | 5,715,943 | 5,239,047 | 4,301,936 | 3,256,090 |
| net assets | 8,281,759 | 22,081,609 | 21,081,918 | 22,371,813 | 21,459,404 | 18,803,324 | 16,335,740 | 9,353,311 | 10,636,637 | 6,947,412 | 7,200,279 | 5,682,431 | 5,620,627 | 6,010,264 |
| total shareholders funds | 8,281,759 | 22,081,609 | 21,081,918 | 22,371,813 | 21,459,404 | 18,803,324 | 16,335,740 | 9,353,311 | 10,636,637 | 6,947,412 | 7,200,279 | 5,682,431 | 5,620,627 | 6,010,264 |
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | May 2015 | May 2014 | May 2013 | May 2012 | May 2011 | May 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||||
| Operating Profit | 3,230,270 | 1,173,949 | -234,955 | 1,161,940 | 3,336,638 | 2,780,479 | 8,158,978 | -2,954,326 | 4,766,020 | 1,367,648 | 2,094,999 | 775,833 | 361,304 | 1,308,242 |
| Depreciation | 274,715 | 182,751 | 35,385 | 97,756 | 198,759 | 262,427 | 291,791 | 170,782 | 567,438 | 433,290 | 444,231 | 421,136 | 368,465 | 348,607 |
| Amortisation | 0 | 5,019 | 438 | 0 | 0 | 0 | 0 | 0 | 215,195 | 215,195 | 215,295 | 170,195 | 150,620 | 242,420 |
| Tax | -620,472 | -174,886 | 58,835 | -249,329 | -680,558 | -537,879 | -1,246,240 | 1,080,054 | -1,078,449 | -442,190 | -596,511 | -295,924 | -194,324 | -496,484 |
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -1,151,618 | -134,350 | 1,285,968 |
| Debtors | -13,812,578 | -482,939 | -6,651,545 | -2,101,579 | 2,998,018 | -2,991,780 | 9,891,077 | 10,514,550 | 3,847,941 | -739,635 | 1,715,211 | 1,965,688 | 1,102,715 | 4,470,610 |
| Creditors | 61,209 | -130,882 | -118,258 | 158,261 | -2,725,691 | -3,862,367 | 5,811,278 | 446,515 | 310,418 | 229,038 | -473,067 | 339,451 | -77,868 | 742,450 |
| Accruals and Deferred Income | 999,695 | -140,211 | -1,752,910 | -2,744,855 | 669,550 | -1,339,015 | 287,770 | 1,458,652 | 1,013,358 | 1,701,882 | 911,593 | -406,142 | 1,136,145 | 1,974,912 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | -1,122,944 | -211,728 | 946,943 | 68,130 | 32,513 | -91,664 | -141,423 | 26,389 | -12,431 | 538,728 |
| Cash flow from operations | 17,757,995 | 1,398,679 | 4,640,080 | 525,352 | -3,322,264 | 83,697 | 4,359,443 | -10,244,743 | 1,978,552 | 4,152,834 | 739,906 | 216,868 | 763,546 | -1,097,703 |
| Investing Activities | ||||||||||||||
| capital expenditure | -196,127 | -2,192,278 | -237,479 | -1,090,198 | -781,051 | -534,635 | ||||||||
| Change in Investments | 254,841 | 0 | 0 | 0 | 0 | 0 | 0 | 3,816 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | -196,127 | -2,192,278 | -237,479 | -1,090,198 | -781,051 | -534,635 | ||||||||
| Financing Activities | ||||||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -610,668 | -282,641 | 610,668 | -223,456 | 223,456 | 0 | 0 |
| Group/Directors Accounts | 22,793 | 0 | 0 | 0 | 0 | 0 | -3,224,147 | 3,224,147 | 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 | -456,312 | -333,419 | -167,007 | -5,092 | 628,411 | 0 | 0 |
| Hire Purchase and Lease Commitments | 282,684 | 0 | 0 | 0 | 0 | 0 | 0 | -8,109 | -8,109 | -16,218 | -16,219 | 40,546 | 0 | 0 |
| other long term liabilities | -6,657 | -27,319 | -25,011 | 59,774 | 0 | 0 | 0 | -300 | -300 | -84,700 | 0 | 85,000 | 0 | 0 |
| share issue | ||||||||||||||
| interest | -6,877 | 628 | 0 | -202 | 0 | 224,984 | 69,691 | 12,134 | 20,329 | 45,231 | 58,763 | 16,860 | 22,705 | 9,538 |
| cash flow from financing | 1,910,991 | -26,691 | -1,138,786 | 59,572 | 0 | 224,984 | -3,154,456 | 6,428,929 | -410,503 | -653,756 | -72,104 | 680,448 | -399,267 | 5,365,708 |
| cash and cash equivalents | ||||||||||||||
| cash | 689,328 | 1,315,738 | 1,510,080 | 0 | -729,431 | 645,860 | -178,628 | -3,137,158 | 975,490 | 1,744,466 | 587,580 | -65,070 | -151,172 | 1,283,553 |
| overdraft | 0 | 0 | -1,178,923 | -756,031 | 1,934,954 | 0 | 0 | 0 | 0 | -424,560 | 424,560 | 0 | 0 | 0 |
| change in cash | 689,328 | 1,315,738 | 2,689,003 | 756,031 | -2,664,385 | 645,860 | -178,628 | -3,137,158 | 975,490 | 2,169,026 | 163,020 | -65,070 | -151,172 | 1,283,553 |
P&L
December 2022turnover
22.3m
+5%
operating profit
3.2m
+175%
gross margin
32.6%
+17.52%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2022net assets
8.3m
-0.62%
total assets
11.7m
-0.51%
cash
3.5m
+0.24%
net assets
Total assets minus all liabilities
Similar Companies
g l hearn limited company details
company number
03798877
Type
Private limited with Share Capital
industry
74909 - Other professional, scientific and technical activities (not including environmental consultancy or quantity surveying) n.e.c.
incorporation date
June 1999
age
25
accounts
Full Accounts
ultimate parent company
previous names
g l hearn holdings limited (May 2000)
incorporated
UK
address
wsp house 70 chancery lane, london, WC2A 1AF
last accounts submitted
December 2022
g l hearn 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 did not find charges/mortgages relating to g l hearn limited.
g l hearn limited Companies House Filings - See Documents
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