heywood limited
heywood limited Company Information
Company Number
04161207
Next Accounts
Jan 2026
Shareholders
aquilaheywood limited
Group Structure
View All
Industry
Other information technology and computer service activities
Registered Address
2nd floor 3 barrington road, altrincham, WA14 1GY
Website
www.aquilaheywood.co.ukheywood limited Estimated Valuation
Pomanda estimates the enterprise value of HEYWOOD LIMITED at £47.3m based on a Turnover of £35.1m and 1.35x industry multiple (adjusted for size and gross margin).
heywood limited Estimated Valuation
Pomanda estimates the enterprise value of HEYWOOD LIMITED at £150.5m based on an EBITDA of £16.4m and a 9.17x industry multiple (adjusted for size and gross margin).
heywood limited Estimated Valuation
Pomanda estimates the enterprise value of HEYWOOD LIMITED at £102.9m based on Net Assets of £45.7m and 2.25x industry multiple (adjusted for liquidity).
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Heywood Limited Overview
Heywood Limited is a live company located in altrincham, WA14 1GY with a Companies House number of 04161207. It operates in the other information technology service activities sector, SIC Code 62090. Founded in February 2001, it's largest shareholder is aquilaheywood limited with a 100% stake. Heywood Limited is a mature, large sized company, Pomanda has estimated its turnover at £35.1m with healthy growth in recent years.
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Heywood Limited Health Check
Pomanda's financial health check has awarded Heywood Limited a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 3 areas for improvement. Company Health Check FAQs
4 Strong
4 Regular
3 Weak
Size
annual sales of £35.1m, make it larger than the average company (£7.3m)
£35.1m - Heywood Limited
£7.3m - Industry AVG
Growth
3 year (CAGR) sales growth of 6%, show it is growing at a slower rate (9.2%)
6% - Heywood Limited
9.2% - Industry AVG
Production
with a gross margin of 49.9%, this company has a comparable cost of product (49.9%)
49.9% - Heywood Limited
49.9% - Industry AVG
Profitability
an operating margin of 45.3% make it more profitable than the average company (4%)
45.3% - Heywood Limited
4% - Industry AVG
Employees
with 205 employees, this is above the industry average (43)
205 - Heywood Limited
43 - Industry AVG
Pay Structure
on an average salary of £76.7k, the company has an equivalent pay structure (£72.6k)
£76.7k - Heywood Limited
£72.6k - Industry AVG
Efficiency
resulting in sales per employee of £171.4k, this is equally as efficient (£178.5k)
£171.4k - Heywood Limited
£178.5k - Industry AVG
Debtor Days
it gets paid by customers after 59 days, this is near the average (50 days)
59 days - Heywood Limited
50 days - Industry AVG
Creditor Days
its suppliers are paid after 11 days, this is quicker than average (34 days)
11 days - Heywood Limited
34 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Heywood Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (13 weeks)
0 weeks - Heywood Limited
13 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 49.3%, this is a lower level of debt than the average (63.7%)
49.3% - Heywood Limited
63.7% - Industry AVG
HEYWOOD LIMITED financials
Heywood Limited's latest turnover from April 2024 is £35.1 million and the company has net assets of £45.7 million. According to their latest financial statements, Heywood Limited has 205 employees and maintains cash reserves of £131 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Apr 2024 | Apr 2023 | Apr 2022 | Apr 2021 | Apr 2020 | Apr 2019 | Apr 2018 | Apr 2017 | Apr 2016 | Apr 2015 | Apr 2014 | Apr 2013 | Apr 2012 | Apr 2011 | Apr 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 35,128,000 | 33,126,000 | 32,921,000 | 29,691,000 | 30,173,000 | 28,080,000 | 24,764,000 | 22,955,000 | 24,363,000 | 29,676,000 | 23,829,000 | 19,070,000 | 17,872,000 | 16,294,000 | 15,966,000 |
| Other Income Or Grants | |||||||||||||||
| Cost Of Sales | |||||||||||||||
| Gross Profit | |||||||||||||||
| Admin Expenses | |||||||||||||||
| Operating Profit | 15,903,000 | 16,836,000 | 18,825,000 | 14,619,000 | 19,498,000 | 17,944,000 | 15,899,000 | 13,981,000 | 15,732,000 | 18,194,000 | 12,999,000 | 8,937,000 | 8,649,000 | 7,725,000 | 7,844,000 |
| Interest Payable | 1,414,000 | 504,000 | 191,000 | 180,000 | 69,000 | 314,000 | 111,000 | 109,000 | 70,000 | 20,000 | 2,000 | 752,000 | |||
| Interest Receivable | 78,000 | 4,000 | 1,000 | 3,000 | 2,000 | 6,000 | 2,000 | 378,000 | 231,000 | 278,000 | 3,000 | 3,000 | |||
| Pre-Tax Profit | 14,567,000 | 16,332,000 | 18,634,000 | 14,443,000 | 19,430,000 | 17,630,000 | 15,791,000 | 13,874,000 | 15,668,000 | 18,176,000 | 13,377,000 | 9,168,000 | 8,927,000 | 7,728,000 | 7,750,000 |
| Tax | -699,000 | -936,000 | -3,218,000 | -663,000 | -3,106,000 | -1,590,000 | -2,793,000 | -2,370,000 | -2,689,000 | -3,500,000 | -2,324,000 | -1,796,000 | -1,741,000 | -2,206,000 | -1,757,000 |
| Profit After Tax | 13,868,000 | 15,396,000 | 15,416,000 | 13,780,000 | 16,324,000 | 16,040,000 | 12,998,000 | 11,504,000 | 12,979,000 | 14,676,000 | 11,053,000 | 7,372,000 | 7,186,000 | 5,522,000 | 5,993,000 |
| Dividends Paid | 20,000,000 | 20,000,000 | 27,500,000 | 9,000,000 | 17,000,000 | 15,250,000 | |||||||||
| Retained Profit | 13,868,000 | 15,396,000 | 15,416,000 | -6,220,000 | -3,676,000 | 16,040,000 | -14,502,000 | 11,504,000 | 3,979,000 | -2,324,000 | -4,197,000 | 7,372,000 | 7,186,000 | 5,522,000 | 5,993,000 |
| Employee Costs | 15,725,000 | 13,533,000 | 10,647,000 | 9,251,000 | 7,440,000 | 6,776,000 | 6,844,000 | 7,134,000 | 7,504,000 | 9,976,000 | 9,373,000 | 8,337,000 | 7,930,000 | 7,357,000 | 7,453,000 |
| Number Of Employees | 205 | 189 | 178 | 147 | 129 | 114 | 99 | 96 | 98 | 110 | 109 | 106 | 103 | 102 | 105 |
| EBITDA* | 16,406,000 | 17,476,000 | 19,289,000 | 15,148,000 | 19,860,000 | 18,235,000 | 15,977,000 | 14,075,000 | 15,795,000 | 18,306,000 | 13,108,000 | 8,999,000 | 8,711,000 | 7,774,000 | 7,877,000 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Apr 2024 | Apr 2023 | Apr 2022 | Apr 2021 | Apr 2020 | Apr 2019 | Apr 2018 | Apr 2017 | Apr 2016 | Apr 2015 | Apr 2014 | Apr 2013 | Apr 2012 | Apr 2011 | Apr 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 1,128,000 | 1,257,000 | 653,000 | 693,000 | 729,000 | 676,000 | 541,000 | 188,000 | 207,000 | 220,000 | 309,000 | 335,000 | 112,000 | 96,000 | 95,000 |
| Intangible Assets | 5,113,000 | 3,974,000 | 723,000 | ||||||||||||
| Investments & Other | |||||||||||||||
| Debtors (Due After 1 year) | 299,000 | 446,000 | 70,000 | 2,517,000 | |||||||||||
| Total Fixed Assets | 6,241,000 | 5,231,000 | 1,376,000 | 3,210,000 | 729,000 | 676,000 | 541,000 | 188,000 | 207,000 | 220,000 | 309,000 | 335,000 | 112,000 | 96,000 | 95,000 |
| Stock & work in progress | 2,000 | 4,000 | 3,000 | 4,000 | 5,000 | 13,000 | 2,000 | ||||||||
| Trade Debtors | 5,721,000 | 4,807,000 | 3,108,000 | 4,493,000 | 9,442,000 | 9,040,000 | 6,362,000 | 3,652,000 | 3,112,000 | 5,843,000 | 1,163,000 | 5,929,000 | 1,409,000 | 744,000 | 392,000 |
| Group Debtors | 76,117,000 | 54,962,000 | 35,002,000 | 20,366,000 | 36,115,000 | 34,758,000 | 22,656,000 | 43,646,000 | 29,095,000 | 21,787,000 | 25,608,000 | 24,590,000 | 18,037,000 | 40,009,000 | 33,284,000 |
| Misc Debtors | 1,939,000 | 3,739,000 | 7,887,000 | 2,198,000 | 1,643,000 | 720,000 | 292,000 | 1,899,000 | 2,081,000 | 2,077,000 | 1,478,000 | 231,000 | 654,000 | 470,000 | 604,000 |
| Cash | 131,000 | 4,951,000 | 7,752,000 | 8,694,000 | 179,000 | 1,440,000 | 183,000 | 230,000 | 801,000 | 804,000 | 70,000 | 288,000 | 348,000 | 103,000 | |
| misc current assets | 4,000 | ||||||||||||||
| total current assets | 83,908,000 | 68,463,000 | 53,749,000 | 35,751,000 | 47,379,000 | 45,958,000 | 29,310,000 | 49,380,000 | 34,520,000 | 30,512,000 | 29,056,000 | 30,824,000 | 20,393,000 | 41,584,000 | 34,385,000 |
| total assets | 90,149,000 | 73,694,000 | 55,125,000 | 38,961,000 | 48,108,000 | 46,634,000 | 29,851,000 | 49,568,000 | 34,727,000 | 30,732,000 | 29,365,000 | 31,159,000 | 20,505,000 | 41,680,000 | 34,480,000 |
| Bank overdraft | |||||||||||||||
| Bank loan | |||||||||||||||
| Trade Creditors | 562,000 | 616,000 | 536,000 | 440,000 | 507,000 | 529,000 | 306,000 | 419,000 | 369,000 | 306,000 | 474,000 | 587,000 | 318,000 | 263,000 | 158,000 |
| Group/Directors Accounts | 589,000 | 300,000 | 466,000 | ||||||||||||
| other short term finances | |||||||||||||||
| hp & lease commitments | 145,000 | 155,000 | 197,000 | ||||||||||||
| other current liabilities | 27,800,000 | 28,425,000 | 24,925,000 | 23,667,000 | 19,210,000 | 14,681,000 | 15,065,000 | 19,613,000 | 16,620,000 | 7,604,000 | 4,885,000 | 3,567,000 | 2,107,000 | 2,475,000 | 1,253,000 |
| total current liabilities | 28,507,000 | 29,041,000 | 25,616,000 | 24,893,000 | 20,017,000 | 15,676,000 | 15,371,000 | 20,032,000 | 16,989,000 | 7,910,000 | 5,359,000 | 4,154,000 | 2,425,000 | 2,738,000 | 1,411,000 |
| loans | 3,056,000 | 3,292,000 | |||||||||||||
| hp & lease commitments | 1,528,000 | 1,646,000 | 154,000 | ||||||||||||
| Accruals and Deferred Income | 9,339,000 | 8,549,000 | 7,059,000 | 5,331,000 | 5,171,000 | 4,820,000 | |||||||||
| other liabilities | 9,653,000 | 6,896,000 | 9,899,000 | 9,981,000 | |||||||||||
| provisions | 9,440,000 | 8,008,000 | 590,000 | ||||||||||||
| total long term liabilities | 15,901,000 | 12,546,000 | 10,194,000 | 10,135,000 | 5,505,000 | 1,720,000 | 677,000 | 3,699,000 | 2,665,000 | 10,902,000 | 8,582,000 | 7,470,000 | 5,337,000 | 5,171,000 | 4,820,000 |
| total liabilities | 44,408,000 | 41,587,000 | 35,810,000 | 35,028,000 | 25,522,000 | 17,396,000 | 16,048,000 | 23,731,000 | 19,654,000 | 18,812,000 | 13,941,000 | 11,624,000 | 7,762,000 | 7,909,000 | 6,231,000 |
| net assets | 45,741,000 | 32,107,000 | 19,315,000 | 3,933,000 | 22,586,000 | 29,238,000 | 13,803,000 | 25,837,000 | 15,073,000 | 11,920,000 | 15,424,000 | 19,535,000 | 12,743,000 | 33,771,000 | 28,249,000 |
| total shareholders funds | 45,741,000 | 32,107,000 | 19,315,000 | 3,933,000 | 22,586,000 | 29,238,000 | 13,803,000 | 25,837,000 | 15,073,000 | 11,920,000 | 15,424,000 | 19,535,000 | 12,743,000 | 33,771,000 | 28,249,000 |
| Apr 2024 | Apr 2023 | Apr 2022 | Apr 2021 | Apr 2020 | Apr 2019 | Apr 2018 | Apr 2017 | Apr 2016 | Apr 2015 | Apr 2014 | Apr 2013 | Apr 2012 | Apr 2011 | Apr 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | 15,903,000 | 16,836,000 | 18,825,000 | 14,619,000 | 19,498,000 | 17,944,000 | 15,899,000 | 13,981,000 | 15,732,000 | 18,194,000 | 12,999,000 | 8,937,000 | 8,649,000 | 7,725,000 | 7,844,000 |
| Depreciation | 339,000 | 639,000 | 464,000 | 529,000 | 362,000 | 291,000 | 78,000 | 94,000 | 63,000 | 112,000 | 109,000 | 62,000 | 62,000 | 49,000 | 33,000 |
| Amortisation | 164,000 | 1,000 | |||||||||||||
| Tax | -699,000 | -936,000 | -3,218,000 | -663,000 | -3,106,000 | -1,590,000 | -2,793,000 | -2,370,000 | -2,689,000 | -3,500,000 | -2,324,000 | -1,796,000 | -1,741,000 | -2,206,000 | -1,757,000 |
| Stock | -2,000 | -2,000 | 1,000 | -1,000 | -1,000 | -8,000 | 11,000 | 2,000 | |||||||
| Debtors | 20,122,000 | 17,887,000 | 16,493,000 | -17,626,000 | 2,682,000 | 15,208,000 | -19,887,000 | 14,909,000 | 4,581,000 | 1,458,000 | -2,501,000 | 10,650,000 | -21,123,000 | 6,943,000 | 34,280,000 |
| Creditors | -54,000 | 80,000 | 96,000 | -67,000 | -22,000 | 223,000 | -113,000 | 50,000 | 63,000 | -168,000 | -113,000 | 269,000 | 55,000 | 105,000 | 158,000 |
| Accruals and Deferred Income | -625,000 | 3,500,000 | 1,258,000 | 4,457,000 | 4,529,000 | -384,000 | -4,548,000 | 2,993,000 | -323,000 | 3,509,000 | 2,808,000 | 3,188,000 | -208,000 | 1,573,000 | 6,073,000 |
| Deferred Taxes & Provisions | 1,432,000 | 7,418,000 | 590,000 | ||||||||||||
| Cash flow from operations | -3,662,000 | 9,651,000 | 1,522,000 | 36,501,000 | 18,579,000 | 1,276,000 | 28,410,000 | -159,000 | 8,267,000 | 16,688,000 | 15,981,000 | 11,000 | 27,948,000 | 292,000 | -21,931,000 |
| Investing Activities | |||||||||||||||
| capital expenditure | |||||||||||||||
| Change in Investments | |||||||||||||||
| cash flow from investments | |||||||||||||||
| Financing Activities | |||||||||||||||
| Bank loans | |||||||||||||||
| Group/Directors Accounts | -589,000 | 289,000 | -166,000 | 466,000 | |||||||||||
| Other Short Term Loans | |||||||||||||||
| Long term loans | -236,000 | 3,292,000 | |||||||||||||
| Hire Purchase and Lease Commitments | 27,000 | 1,491,000 | -196,000 | 351,000 | |||||||||||
| other long term liabilities | 2,757,000 | -3,003,000 | -82,000 | 9,981,000 | |||||||||||
| share issue | |||||||||||||||
| interest | -1,336,000 | -504,000 | -191,000 | -176,000 | -68,000 | -314,000 | -108,000 | -107,000 | -64,000 | -18,000 | 378,000 | 231,000 | 276,000 | 3,000 | -749,000 |
| cash flow from financing | 978,000 | -1,328,000 | -1,092,000 | -1,988,000 | -3,210,000 | -453,000 | 2,360,000 | -847,000 | -890,000 | -1,198,000 | 464,000 | -349,000 | -27,938,000 | 3,000 | 21,507,000 |
| cash and cash equivalents | |||||||||||||||
| cash | -4,820,000 | -2,801,000 | -942,000 | 8,515,000 | -1,261,000 | 1,440,000 | -183,000 | -47,000 | -571,000 | -3,000 | 734,000 | -218,000 | -60,000 | 245,000 | 103,000 |
| overdraft | |||||||||||||||
| change in cash | -4,820,000 | -2,801,000 | -942,000 | 8,515,000 | -1,261,000 | 1,440,000 | -183,000 | -47,000 | -571,000 | -3,000 | 734,000 | -218,000 | -60,000 | 245,000 | 103,000 |
heywood limited Credit Report and Business Information
Heywood Limited Competitor Analysis
Perform a competitor analysis for heywood limited by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other large companies, companies in WA14 area or any other competitors across 12 key performance metrics.
heywood limited Ownership
HEYWOOD LIMITED group structure
Heywood Limited has no subsidiary companies.
Ultimate parent company
APUS I LTD
#0151654
2 parents
HEYWOOD LIMITED
04161207
heywood limited directors
Heywood Limited currently has 6 directors. The longest serving directors include Mr Andy Ross (Sep 2019) and Mr Christopher Humphrey (Dec 2021).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Andy Ross | England | 61 years | Sep 2019 | - | Director |
| Mr Christopher Humphrey | 68 years | Dec 2021 | - | Director | |
| Ms Sian Jones | United Kingdom | 60 years | Dec 2021 | - | Director |
| Mrs Mary Davis | England | 60 years | Dec 2021 | - | Director |
| Mr Ian Jarvis | United Kingdom | 53 years | May 2022 | - | Director |
| Mr Chris Connelly | United Kingdom | 53 years | Jan 2023 | - | Director |
P&L
April 2024turnover
35.1m
+6%
operating profit
15.9m
-6%
gross margin
50%
+0.58%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
April 2024net assets
45.7m
+0.42%
total assets
90.1m
+0.22%
cash
131k
-0.97%
net assets
Total assets minus all liabilities
heywood limited company details
company number
04161207
Type
Private limited with Share Capital
industry
62090 - Other information technology and computer service activities
incorporation date
February 2001
age
24
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
April 2024
previous names
aquila software limited (November 2002)
accountant
-
auditor
KPMG LLP
address
2nd floor 3 barrington road, altrincham, WA14 1GY
Bank
BARCLAYS BANK PLC
Legal Advisor
-
heywood 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 2 charges/mortgages relating to heywood limited. Currently there are 1 open charges and 1 have been satisfied in the past.
heywood 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.
Click to start generating capital raising & share issue transactions for HEYWOOD LIMITED. This can take several minutes, an email will notify you when this has completed.
heywood limited Companies House Filings - See Documents
| date | description | view/download |
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