hill holdings limited

hill holdings limited Company Information

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Company Number

04202304

Industry

Activities of construction holding companies

 

Directors

Andrew Hill

Kieran Larkin

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Shareholders

andrew hill

the hill family discretionary settlement

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Group Structure

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Contact

Registered Address

the power house gunpowder mill, powdermill lane, waltham abbey, essex, EN9 1BN

hill holdings limited Estimated Valuation

£2.1b

Pomanda estimates the enterprise value of HILL HOLDINGS LIMITED at £2.1b based on a Turnover of £1b and 2.04x industry multiple (adjusted for size and gross margin).

hill holdings limited Estimated Valuation

£541.8m

Pomanda estimates the enterprise value of HILL HOLDINGS LIMITED at £541.8m based on an EBITDA of £53.8m and a 10.06x industry multiple (adjusted for size and gross margin).

hill holdings limited Estimated Valuation

£624.2m

Pomanda estimates the enterprise value of HILL HOLDINGS LIMITED at £624.2m based on Net Assets of £368.9m and 1.69x industry multiple (adjusted for liquidity).

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Hill Holdings Limited Overview

Hill Holdings Limited is a live company located in waltham abbey, EN9 1BN with a Companies House number of 04202304. It operates in the activities of construction holding companies sector, SIC Code 64203. Founded in April 2001, it's largest shareholder is andrew hill with a 55.3% stake. Hill Holdings Limited is a mature, mega sized company, Pomanda has estimated its turnover at £1b with healthy growth in recent years.

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Hill Holdings Limited Health Check

Pomanda's financial health check has awarded Hill Holdings Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 7 measures and has 3 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating5out of 5
positive_score

7 Strong

positive_score

2 Regular

positive_score

3 Weak

size

Size

annual sales of £1b, make it larger than the average company (£25.5m)

£1b - Hill Holdings Limited

£25.5m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 14%, show it is growing at a faster rate (9.5%)

14% - Hill Holdings Limited

9.5% - Industry AVG

production

Production

with a gross margin of 14.2%, this company has a comparable cost of product (17%)

14.2% - Hill Holdings Limited

17% - Industry AVG

profitability

Profitability

an operating margin of 5.2% make it as profitable than the average company (4.7%)

5.2% - Hill Holdings Limited

4.7% - Industry AVG

employees

Employees

with 813 employees, this is above the industry average (79)

813 - Hill Holdings Limited

79 - Industry AVG

paystructure

Pay Structure

on an average salary of £112.6k, the company has a higher pay structure (£53.7k)

£112.6k - Hill Holdings Limited

£53.7k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £1.2m, this is more efficient (£360k)

£1.2m - Hill Holdings Limited

£360k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 19 days, this is earlier than average (50 days)

19 days - Hill Holdings Limited

50 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 17 days, this is quicker than average (42 days)

17 days - Hill Holdings Limited

42 days - Industry AVG

stockdays

Stock Days

it holds stock equivalent to 205 days, this is more than average (14 days)

205 days - Hill Holdings Limited

14 days - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 28 weeks, this is more cash available to meet short term requirements (22 weeks)

28 weeks - Hill Holdings Limited

22 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 53.5%, this is a lower level of debt than the average (62.7%)

53.5% - Hill Holdings Limited

62.7% - Industry AVG

HILL HOLDINGS LIMITED financials

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Hill Holdings Limited's latest turnover from March 2024 is £1 billion and the company has net assets of £368.9 million. According to their latest financial statements, Hill Holdings Limited has 813 employees and maintains cash reserves of £156.4 million as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Mar 2024Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Turnover1,008,295,000636,463,000680,835,000606,268,000563,247,000501,542,000415,603,000367,262,000303,829,000258,385,000200,689,000153,927,000180,387,000135,211,000100,694,000
Other Income Or Grants000000000000000
Cost Of Sales864,988,000520,889,000571,004,000511,191,000478,322,000413,832,000336,173,000304,733,000248,949,000220,869,000169,935,000133,156,000159,053,000115,224,00083,222,000
Gross Profit143,307,000115,574,000109,831,00095,077,00084,925,00087,710,00079,430,00062,529,00054,880,00037,516,00030,754,00020,771,00021,334,00019,987,00017,472,000
Admin Expenses90,544,00063,088,00058,342,00052,550,00043,580,00040,455,00033,634,00026,533,00024,121,00019,312,00016,555,00013,386,00013,220,00012,789,00012,247,000
Operating Profit52,763,00052,486,00051,489,00042,527,00041,345,00047,255,00045,796,00035,996,00030,759,00018,204,00014,199,0007,385,0008,114,0007,198,0005,225,000
Interest Payable0038,00002,0008,00040,000120,00099,000102,000116,000124,000190,00095,00043,000
Interest Receivable2,861,000419,00017,000151,000117,000199,00052,000125,00071,00072,00037,00056,00080,000102,000160,000
Pre-Tax Profit70,058,00065,631,00065,069,00044,320,00042,614,00048,339,00047,182,00037,156,00030,748,00018,174,00014,120,0007,317,0008,057,0007,316,0005,398,000
Tax-17,504,000-11,989,000-13,399,000-8,926,000-8,393,000-9,428,000-9,461,000-7,265,000-6,554,000-3,942,000-3,358,000-2,049,000-2,351,000-2,246,000-1,563,000
Profit After Tax52,554,00053,642,00051,670,00035,394,00034,221,00038,911,00037,721,00029,891,00024,194,00014,232,00010,762,0005,268,0005,706,0005,070,0003,835,000
Dividends Paid5,364,0005,177,0003,539,0003,422,0003,891,0003,772,0002,989,0002,419,0001,423,0001,076,000527,000571,000507,0001,000,0000
Retained Profit47,190,00048,465,00048,127,00031,343,00029,201,00034,697,00032,275,00023,860,00021,636,00012,314,0009,168,0004,653,0005,199,0003,852,0003,570,000
Employee Costs91,514,00062,415,00057,238,00051,487,00043,536,00039,343,00029,567,00024,950,00023,637,00020,394,00017,595,00014,092,00014,908,00013,664,00012,184,000
Number Of Employees813758687627547503432381335299257248233221195
EBITDA*53,833,00053,240,00052,194,00043,325,00042,165,00048,104,00046,668,00036,695,00031,385,00018,922,00015,026,0008,232,0008,970,0007,940,0005,755,000

* Earnings Before Interest, Tax, Depreciation and Amortisation

Mar 2024Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Tangible Assets2,195,0002,232,0001,599,0001,419,0001,665,0001,270,0001,114,00014,654,0001,049,0001,105,0001,132,0001,530,0002,190,0002,621,0002,748,000
Intangible Assets000500,00060,000182,000304,000426,000548,000670,000791,000913,0001,035,0001,173,00047,000
Investments & Other79,685,00081,979,00061,709,00046,479,00040,691,00037,189,00035,709,00013,719,00011,453,0001,741,0001,742,0001,572,0001,572,0001,772,0002,084,000
Debtors (Due After 1 year)0000000150,000150,000150,000013,0008,00000
Total Fixed Assets81,880,00084,211,00063,308,00048,398,00042,416,00038,641,00037,127,00028,949,00013,200,0003,666,0003,665,0004,028,0004,805,0005,566,0004,879,000
Stock & work in progress486,427,000314,780,000249,732,000229,873,000247,703,000246,162,000225,634,000179,628,000125,890,000107,000,00063,246,00069,232,00049,030,00021,825,00011,967,000
Trade Debtors52,715,00042,241,00051,074,00038,084,00025,300,00023,330,00026,664,00015,008,00013,847,0009,192,00010,616,0001,614,0004,282,0008,829,00012,868,000
Group Debtors2,162,0001,801,0003,800,0000003,673,0001,628,000665,000000003,659,000
Misc Debtors13,516,00018,206,00019,998,0009,168,00012,416,00012,153,0008,193,0007,100,0006,888,0004,332,0005,135,0004,702,0007,483,0005,786,0001,930,000
Cash156,430,000131,856,000163,243,000138,300,00084,247,00065,004,00075,487,00073,170,00043,434,00033,826,00025,729,00016,034,00018,270,00018,921,00017,348,000
misc current assets00000000245,000000000
total current assets711,250,000508,884,000487,847,000415,425,000369,666,000346,649,000339,651,000276,534,000190,969,000154,350,000104,726,00091,582,00079,065,00055,361,00047,772,000
total assets793,130,000593,095,000551,155,000463,823,000412,082,000385,290,000376,778,000305,483,000204,169,000158,016,000108,391,00095,610,00083,870,00060,927,00052,651,000
Bank overdraft000000000000000
Bank loan00003,755,0008,912,0008,137,00011,523,00037,392,00031,954,00020,565,00024,971,00011,596,0003,423,0001,231,000
Trade Creditors 41,062,000146,171,000136,787,000126,454,000117,522,000120,080,000105,359,00099,807,00048,215,00049,010,00034,871,00029,944,00035,129,00026,758,00022,402,000
Group/Directors Accounts0000002,0001,00071,0004,824,000997,0000000
other short term finances00000001,000,0001,000,0004,050,0001,000,0001,000,0001,000,00000
hp & lease commitments000000000000000
other current liabilities248,333,00065,701,00081,806,00062,212,00046,548,00043,929,00045,606,00045,006,00039,601,00014,256,00011,282,0009,583,00010,716,0009,474,00012,834,000
total current liabilities289,395,000211,872,000218,593,000188,666,000167,825,000172,921,000159,104,000157,337,000126,279,000104,094,00068,715,00065,498,00058,441,00039,655,00036,467,000
loans70,000,00000020,000,00040,000,00080,000,00044,750,000876,00000790,000804,0001,902,0001,106,000
hp & lease commitments000000000000000
Accruals and Deferred Income2,701,0006,300,0007,276,0009,223,0006,095,0001,261,000499,000270,000334,0000213,0000000
other liabilities38,302,00033,081,00030,171,00034,825,00017,228,0000000000000
provisions23,795,00020,096,00021,952,0007,372,0005,163,0005,117,0004,285,0003,614,0003,185,0002,636,00000000
total long term liabilities134,798,00059,477,00059,399,00051,420,00048,486,00046,378,00084,784,00048,634,0004,395,0002,636,000213,000790,000804,0001,902,0001,106,000
total liabilities424,193,000271,349,000277,992,000240,086,000216,311,000219,299,000243,888,000205,971,000130,674,000106,730,00068,928,00066,288,00059,245,00041,557,00037,573,000
net assets368,937,000321,746,000273,160,000223,330,000191,987,000163,240,000128,543,00096,268,00072,404,00050,768,00038,452,00029,278,00024,625,00019,370,00014,494,000
total shareholders funds368,937,000321,746,000273,160,000223,330,000191,987,000163,240,000128,543,00096,268,00072,404,00050,768,00038,452,00029,278,00024,625,00019,370,00014,494,000
Mar 2024Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Operating Activities
Operating Profit52,763,00052,486,00051,489,00042,527,00041,345,00047,255,00045,796,00035,996,00030,759,00018,204,00014,199,0007,385,0008,114,0007,198,0005,225,000
Depreciation1,070,000754,000705,000738,000698,000727,000750,000577,000504,000121,000705,000725,000718,000650,000499,000
Amortisation00060,000122,000122,000122,000122,000122,000597,000122,000122,000138,00092,00031,000
Tax-17,504,000-11,989,000-13,399,000-8,926,000-8,393,000-9,428,000-9,461,000-7,265,000-6,554,000-3,942,000-3,358,000-2,049,000-2,351,000-2,246,000-1,563,000
Stock486,427,00065,048,00019,859,000-17,830,0001,541,00020,528,00046,006,00053,738,00018,890,00043,754,000-5,986,00020,202,00027,205,0009,858,00011,967,000
Debtors68,393,000-12,624,00027,620,0009,536,0002,233,000-3,047,00014,644,0002,336,0007,876,000-2,077,0009,422,000-5,444,000-2,842,000-3,842,00018,457,000
Creditors41,062,0009,384,00010,333,0008,932,000-2,558,00014,721,0005,552,00051,592,000-795,00014,139,0004,927,000-5,185,0008,371,0004,356,00022,402,000
Accruals and Deferred Income251,034,000-17,081,00017,647,00018,792,0007,453,000-915,000829,0005,341,00025,679,0002,761,0001,912,000-1,133,0001,242,000-3,360,00012,834,000
Deferred Taxes & Provisions23,795,000-1,856,00014,580,0002,209,00046,000832,000671,000429,000549,0002,636,00000000
Cash flow from operations-202,600,000-20,726,00033,876,00072,626,00034,939,00035,833,000-16,391,00030,718,00023,498,000-7,161,00015,071,000-14,893,000-8,131,000674,0009,004,000
Investing Activities
capital expenditure00000-1,478,000-9,177,000-16,035,000-10,399,0000-436,000-62,000-60,000-1,096,000-2,862,000
Change in Investments79,685,00020,270,00015,230,0005,788,0003,502,0001,480,00021,990,0002,266,0009,712,000-1,000170,0000-200,000-312,0002,084,000
cash flow from investments-79,685,000-20,270,000-15,230,000-5,788,000-3,502,000-2,958,000-31,167,000-18,301,000-20,111,0001,000-606,000-62,000140,000-784,000-4,946,000
Financing Activities
Bank loans000-3,755,000-5,157,000775,000-3,386,000-25,869,0005,438,00011,389,000-4,406,00013,375,0008,173,0002,192,0001,231,000
Group/Directors Accounts00000-2,0001,000-70,000-4,753,0003,827,000997,0000000
Other Short Term Loans 000000-1,000,0000-3,050,0003,050,000001,000,00000
Long term loans70,000,00000-20,000,000-20,000,000-40,000,00035,250,00043,874,000876,0000-790,000-14,000-1,098,000796,0001,106,000
Hire Purchase and Lease Commitments000000000000000
other long term liabilities38,302,0002,910,000-4,654,00017,597,00017,228,0000000000000
share issue321,747,000121,0001,703,0000-454,000004,00002,0006,000056,0001,024,00010,924,000
interest2,861,000419,000-21,000151,000115,000191,00012,0005,000-28,000-30,000-79,000-68,000-110,0007,000117,000
cash flow from financing432,910,0003,450,000-2,972,000-6,007,000-8,268,000-39,036,00030,877,00017,944,000-1,517,00018,238,000-4,272,00013,293,0008,021,0004,019,00013,378,000
cash and cash equivalents
cash156,430,000-31,387,00024,943,00054,053,00019,243,000-10,483,0002,317,00029,736,0009,608,0008,097,0009,695,000-2,236,000-651,0001,573,00017,348,000
overdraft000000000000000
change in cash156,430,000-31,387,00024,943,00054,053,00019,243,000-10,483,0002,317,00029,736,0009,608,0008,097,0009,695,000-2,236,000-651,0001,573,00017,348,000

hill holdings limited Credit Report and Business Information

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High Risk20 - 30
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Hill Holdings Limited Competitor Analysis

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Perform a competitor analysis for hill holdings limited by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other mega companies, companies in EN9 area or any other competitors across 12 key performance metrics.

hill holdings limited Ownership

HILL HOLDINGS LIMITED Shareholders

andrew hill 55.35%
the hill family discretionary settlement 15.15%
susan hill 5.26%
hill holdings limited employee trust 2.7%
kieran larkin 2.59%
anthony parker 1.04%
cain peters 1.04%
simon trice 1.04%
stephen kane 1.04%
rebecca littler 1.04%

hill holdings limited directors

Hill Holdings Limited currently has 8 directors. The longest serving directors include Mr Andrew Hill (Jun 2001) and Mr Kieran Larkin (Jan 2009).

officercountryagestartendrole
Mr Andrew Hill66 years Jun 2001- Director
Mr Kieran Larkin71 years Jan 2009- Director
Mr Ernest BatteyEngland65 years Dec 2012- Director
Mr Gregory HillUnited Kingdom38 years May 2014- Director
Ms Ann SantryEngland66 years Feb 2020- Director
Mr Thomas Hill36 years Feb 2020- Director
Ms Naisha PolaineUk56 years Feb 2020- Director
Mr Anthony Parker53 years Jan 2024- Director

P&L

March 2024

turnover

1b

0%

operating profit

52.8m

0%

gross margin

14.3%

0%

turnover

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

Balance Sheet

March 2024

net assets

368.9m

0%

total assets

793.1m

0%

cash

156.4m

0%

net assets

Total assets minus all liabilities

hill holdings limited company details

company number

04202304

Type

Private limited with Share Capital

industry

64203 - Activities of construction holding companies

incorporation date

April 2001

age

23

incorporated

UK

ultimate parent company

None

accounts

Group

last accounts submitted

March 2024

previous names

rockstarter limited (July 2001)

accountant

-

auditor

PETERS ELWORTHY & MOORE

address

the power house gunpowder mill, powdermill lane, waltham abbey, essex, EN9 1BN

Bank

THE ROYAL BANK OF SCOTLAND PLC

Legal Advisor

-

hill holdings 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 hill holdings limited.

hill holdings 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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hill holdings limited Companies House Filings - See Documents

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