hireright ltd

Live MatureLargeHealthy

hireright ltd Company Information

Share HIRERIGHT LTD

Company Number

04036193

Shareholders

hireright uk holdings limited

Group Structure

View All

Industry

Private security activities

 

Registered Address

15 westferry circus, canary wharf, london, E14 4HD

hireright ltd Estimated Valuation

£36.1m

Pomanda estimates the enterprise value of HIRERIGHT LTD at £36.1m based on a Turnover of £33.3m and 1.08x industry multiple (adjusted for size and gross margin).

hireright ltd Estimated Valuation

£10.6m

Pomanda estimates the enterprise value of HIRERIGHT LTD at £10.6m based on an EBITDA of £1.3m and a 8.44x industry multiple (adjusted for size and gross margin).

hireright ltd Estimated Valuation

£26.5m

Pomanda estimates the enterprise value of HIRERIGHT LTD at £26.5m based on Net Assets of £12.6m and 2.1x industry multiple (adjusted for liquidity).

Edit your figures and get a professional valuation report.

Hireright Ltd Overview

Hireright Ltd is a live company located in london, E14 4HD with a Companies House number of 04036193. It operates in the private security activities sector, SIC Code 80100. Founded in July 2000, it's largest shareholder is hireright uk holdings limited with a 100% stake. Hireright Ltd is a mature, large sized company, Pomanda has estimated its turnover at £33.3m with healthy growth in recent years.

View Sample
View Sample
View Sample

Upgrade for unlimited company reports & a free credit check

Hireright Ltd Health Check

Pomanda's financial health check has awarded Hireright Ltd a 5 rating. We use a traffic light system to show it exceeds the industry average on 6 measures and has 2 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating5out of 5
positive_score

6 Strong

positive_score

3 Regular

positive_score

2 Weak

size

Size

annual sales of £33.3m, make it larger than the average company (£6m)

£33.3m - Hireright Ltd

£6m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 11%, show it is growing at a faster rate (6.4%)

11% - Hireright Ltd

6.4% - Industry AVG

production

Production

with a gross margin of 30.7%, this company has a lower cost of product (21.5%)

30.7% - Hireright Ltd

21.5% - Industry AVG

profitability

Profitability

an operating margin of 3.1% make it as profitable than the average company (3%)

3.1% - Hireright Ltd

3% - Industry AVG

employees

Employees

with 117 employees, this is similar to the industry average (106)

117 - Hireright Ltd

106 - Industry AVG

paystructure

Pay Structure

on an average salary of £66.2k, the company has a higher pay structure (£31.9k)

£66.2k - Hireright Ltd

£31.9k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £284.9k, this is more efficient (£58.8k)

£284.9k - Hireright Ltd

£58.8k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 80 days, this is later than average (50 days)

80 days - Hireright Ltd

50 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 19 days, this is close to average (19 days)

19 days - Hireright Ltd

19 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Hireright Ltd

- - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 61 weeks, this is more cash available to meet short term requirements (9 weeks)

61 weeks - Hireright Ltd

9 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 44.1%, this is a lower level of debt than the average (71.2%)

44.1% - Hireright Ltd

71.2% - Industry AVG

HIRERIGHT LTD financials

EXPORTms excel logo

Hireright Ltd's latest turnover from December 2023 is £33.3 million and the company has net assets of £12.6 million. According to their latest financial statements, Hireright Ltd has 117 employees and maintains cash reserves of £11.1 million as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Sep 2017Sep 2016Sep 2015Sep 2014Sep 2013Sep 2012Sep 2011Sep 2010Dec 2009
Turnover33,327,70438,341,26230,981,62324,434,03028,766,02336,474,26425,731,97920,748,38915,914,72113,768,01010,502,4869,062,7349,540,9476,599,0095,999,802
Other Income Or Grants000000000000000
Cost Of Sales23,105,63327,703,27718,268,82714,115,21217,482,61420,325,94516,051,11112,043,4587,765,3556,857,5645,673,9244,974,0654,346,7833,262,6673,816,203
Gross Profit10,222,07110,637,98512,712,79610,318,81811,283,40916,148,3199,680,8688,704,9318,149,3666,910,4464,828,5624,088,6695,194,1643,336,3422,183,599
Admin Expenses9,182,7237,713,16115,530,3729,843,45410,531,8427,271,2037,103,3756,162,6476,025,7804,719,4543,265,4083,756,9567,786,2853,374,6755,455,889
Operating Profit1,039,3482,924,824-2,817,576475,364751,5678,877,1162,577,4932,542,2842,123,5862,190,9921,563,154331,713-2,592,121-38,333-3,272,290
Interest Payable21,3630011,895000011,76062,75491,978117,375125,70982,403259,639
Interest Receivable211,980176,015145,714144,683134,764186,56688,48760,73011,0230023303,29117,016
Pre-Tax Profit1,229,9653,100,839-2,671,862608,152886,3319,063,6822,665,9802,603,0142,122,8492,128,2381,471,176214,571-2,717,830-117,445-3,514,913
Tax-329,616-623,684478,817-114,792-125,226-290,943-498,056-532,533-452,733-516,556-360,49054,885-327,538-181,037851,464
Profit After Tax900,3492,477,155-2,193,045493,360761,1058,772,7392,167,9242,070,4811,670,1161,611,6821,110,686269,456-3,045,368-298,482-2,663,449
Dividends Paid000000000000000
Retained Profit900,3492,477,155-2,193,045493,360761,1058,772,7392,167,9242,070,4811,670,1161,611,6821,110,686269,456-3,045,368-298,482-2,663,449
Employee Costs7,750,5847,363,5067,746,8977,091,1836,474,1328,213,7716,140,0796,226,2744,136,8982,748,2662,333,2572,126,2642,425,9722,403,3132,775,829
Number Of Employees1171381471652002081761741701746956807657
EBITDA*1,258,3993,142,821-1,846,8961,203,5051,490,6459,648,8293,006,9852,835,6882,277,6932,206,2791,612,154430,613-2,262,260204,721-2,874,382

* Earnings Before Interest, Tax, Depreciation and Amortisation

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Sep 2017Sep 2016Sep 2015Sep 2014Sep 2013Sep 2012Sep 2011Sep 2010Dec 2009
Tangible Assets382,299476,339625,7721,287,9981,126,4111,115,6241,124,332518,869548,76150,76615,55558,44975,84596,242114,271
Intangible Assets0000000020,40622,44724,48826,52967,0913,417,6133,601,613
Investments & Other37,52437,52437,52437,52437,52437,52437,52437,52437,52437,52437,52437,52437,52437,52437,524
Debtors (Due After 1 year)000000000000000
Total Fixed Assets419,823513,863663,2961,325,5221,163,9351,153,1481,161,856556,393606,691110,73777,567122,502180,4603,551,3793,753,408
Stock & work in progress000000000000000
Trade Debtors7,342,3089,193,1727,359,7654,376,7936,058,9116,489,6607,346,8634,775,6474,459,4953,247,1102,458,1911,963,9022,126,6052,339,6381,277,806
Group Debtors2,737,1112,455,4855,712,43312,453,4789,968,1448,497,4835,105,5923,414,4113,075,6955,056,3904,329,8783,045,7941,016,198436,186199,392
Misc Debtors968,3831,011,0131,644,063671,655637,258630,294505,503180,45393,107236,87195,931145,611295,778392,3821,500,051
Cash11,111,7958,883,5435,004,688978,0171,526,3831,240,9071,056,8081,767,0341,545,1551,043,029563,5931,101,2133,402,8291,088,8233,066,035
misc current assets000000000000000
total current assets22,159,59721,543,21319,720,94918,479,94318,190,69616,858,34414,014,76610,137,5459,173,4529,583,4007,447,5936,256,5206,841,4104,257,0296,043,284
total assets22,579,42022,057,07620,384,24519,805,46519,354,63118,011,49215,176,62210,693,9389,780,1439,694,1377,525,1606,379,0227,021,8707,808,4089,796,692
Bank overdraft000000000000000
Bank loan000000000000000
Trade Creditors 1,259,3281,480,765651,014883,743279,516267,801220,72881,243224,714159,961232,481214,79087,985175,44524,251
Group/Directors Accounts4,959,8795,443,5763,118,4194,314,6085,627,6994,576,26410,613,5539,240,86110,649,27912,535,74112,212,35512,561,33711,646,66310,852,17512,677,245
other short term finances000000000000000
hp & lease commitments000000000000000
other current liabilities3,160,8992,620,1663,526,5653,161,8462,495,5082,976,6242,924,2772,121,6941,697,4771,488,8921,182,463815,7202,108,0341,056,921938,613
total current liabilities9,380,1069,544,5077,295,9988,360,1978,402,7237,820,68913,758,55811,443,79812,571,47014,184,59413,627,29913,591,84713,842,68212,084,54113,640,109
loans000000000000000
hp & lease commitments000000000000000
Accruals and Deferred Income177,610315,142452,674000000000000
other liabilities000000000000000
provisions391,977468,0493,383,3500000029,014000661,469160,780295,014
total long term liabilities569,587783,1913,836,0240000029,014000661,469160,780295,014
total liabilities9,949,69310,327,69811,132,0228,360,1978,402,7237,820,68913,758,55811,443,79812,600,48414,184,59413,627,29913,591,84714,504,15112,245,32113,935,123
net assets12,629,72711,729,3789,252,22311,445,26810,951,90810,190,8031,418,064-749,860-2,820,341-4,490,457-6,102,139-7,212,825-7,482,281-4,436,913-4,138,431
total shareholders funds12,629,72711,729,3789,252,22311,445,26810,951,90810,190,8031,418,064-749,860-2,820,341-4,490,457-6,102,139-7,212,825-7,482,281-4,436,913-4,138,431
Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Sep 2017Sep 2016Sep 2015Sep 2014Sep 2013Sep 2012Sep 2011Sep 2010Dec 2009
Operating Activities
Operating Profit1,039,3482,924,824-2,817,576475,364751,5678,877,1162,577,4932,542,2842,123,5862,190,9921,563,154331,713-2,592,121-38,333-3,272,290
Depreciation219,051217,997970,680728,141739,078771,713429,492272,998152,06613,24646,95958,33884,02859,054156,080
Amortisation000000020,4062,0412,0412,04140,562245,833184,000241,828
Tax-329,616-623,684478,817-114,792-125,226-290,943-498,056-532,533-452,733-516,556-360,49054,885-327,538-181,037851,464
Stock000000000000000
Debtors-1,611,868-2,056,591-2,785,665837,6131,046,8762,659,4794,587,447742,214-912,0741,656,3711,728,6931,716,726270,375190,9572,977,249
Creditors-221,437829,751-232,729604,22711,71547,073139,485-143,47164,753-72,52017,691126,805-87,460151,19424,251
Accruals and Deferred Income403,201-1,043,931817,393666,338-481,11652,347802,583424,217208,585306,429366,743-1,292,3141,051,113118,308938,613
Deferred Taxes & Provisions-76,072-2,915,3013,383,3500000-29,01429,01400-661,469500,689-134,234295,014
Cash flow from operations2,646,3431,446,2475,385,6001,521,665-150,8586,797,827-1,136,4501,812,6733,039,386267,261-92,595-3,058,206-1,395,831-32,005-3,742,289
Investing Activities
capital expenditure-125,011-68,564-308,454-889,728-749,865-763,005-1,034,955-243,106-650,061-48,457-4,065-9,808-63,631-41,267194,742
Change in Investments0000000000000037,524
cash flow from investments-125,011-68,564-308,454-889,728-749,865-763,005-1,034,955-243,106-650,061-48,457-4,065-9,808-63,631-41,267157,218
Financing Activities
Bank loans000000000000000
Group/Directors Accounts-483,6972,325,157-1,196,189-1,313,0911,051,435-6,037,2891,372,692-1,408,418-1,886,462323,386-348,982914,674794,488-1,825,07012,677,245
Other Short Term Loans 000000000000000
Long term loans000000000000000
Hire Purchase and Lease Commitments000000000000000
other long term liabilities000000000000000
share issue00000000000000-1,474,982
interest190,617176,015145,714132,788134,764186,56688,48760,730-737-62,754-91,978-117,142-125,709-79,112-242,623
cash flow from financing-293,0802,501,172-1,050,475-1,180,3031,186,199-5,850,7231,461,179-1,347,688-1,887,199260,632-440,960797,532668,779-1,904,18210,959,640
cash and cash equivalents
cash2,228,2523,878,8554,026,671-548,366285,476184,099-710,226221,879502,126479,436-537,620-2,301,6162,314,006-1,977,2123,066,035
overdraft000000000000000
change in cash2,228,2523,878,8554,026,671-548,366285,476184,099-710,226221,879502,126479,436-537,620-2,301,6162,314,006-1,977,2123,066,035

hireright ltd 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 hireright ltd. Get real-time insights into hireright ltd's credit score, group structure and payment trends.

From as little as £6.99

This will not impact your credit rating!

View Credit Report Sample

Hireright Ltd Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for hireright ltd by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other large companies, companies in E14 area or any other competitors across 12 key performance metrics.

hireright ltd Ownership

HIRERIGHT LTD group structure

Hireright Ltd has no subsidiary companies.

Ultimate parent company

HIRERIGHT GIS GROUP HOLDINGS LLC

#0131563

2 parents

HIRERIGHT LTD

04036193

HIRERIGHT LTD Shareholders

hireright uk holdings limited 100%

hireright ltd directors

Hireright Ltd currently has 3 directors. The longest serving directors include Mr Peter Cleverton (Jan 2024) and Ms Caroline Smith (Jan 2024).

officercountryagestartendrole
Mr Peter ClevertonEngland44 years Jan 2024- Director
Ms Caroline SmithEngland49 years Jan 2024- Director
Mr Ranojoy HazraEngland42 years Dec 2024- Director

P&L

December 2023

turnover

33.3m

-13%

operating profit

1m

-64%

gross margin

30.7%

+10.55%

turnover

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

Balance Sheet

December 2023

net assets

12.6m

+0.08%

total assets

22.6m

+0.02%

cash

11.1m

+0.25%

net assets

Total assets minus all liabilities

hireright ltd company details

company number

04036193

Type

Private limited with Share Capital

industry

80100 - Private security activities

incorporation date

July 2000

age

25

incorporated

UK

ultimate parent company

HIRERIGHT GIS GROUP HOLDINGS LLC

accounts

Full Accounts

last accounts submitted

December 2023

previous names

kroll background worldwide limited (September 2011)

kroll background europe limited (May 2003)

accountant

-

auditor

PRICEWATERHOUSECOOPERS LLP

address

15 westferry circus, canary wharf, london, E14 4HD

Bank

-

Legal Advisor

-

hireright ltd 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 hireright ltd.

hireright ltd 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.

Click to start generating capital raising & share issue transactions for HIRERIGHT LTD. This can take several minutes, an email will notify you when this has completed.

hireright ltd Companies House Filings - See Documents

datedescriptionview/download