hevey building supplies limited
hevey building supplies limited Company Information
Company Number
04251567
Website
www.hevey.co.ukRegistered Address
unit 1, radford industrial estate, london, NW10 6UA
Industry
Agents involved in the sale of timber and building materials
Telephone
01604417930
Next Accounts Due
September 2024
Group Structure
View All
Shareholders
carboclass limited 100%
hevey building supplies limited Estimated Valuation
Pomanda estimates the enterprise value of HEVEY BUILDING SUPPLIES LIMITED at £50.5m based on a Turnover of £59.9m and 0.84x industry multiple (adjusted for size and gross margin).
hevey building supplies limited Estimated Valuation
Pomanda estimates the enterprise value of HEVEY BUILDING SUPPLIES LIMITED at £22.9m based on an EBITDA of £2.9m and a 7.81x industry multiple (adjusted for size and gross margin).
hevey building supplies limited Estimated Valuation
Pomanda estimates the enterprise value of HEVEY BUILDING SUPPLIES LIMITED at £16.4m based on Net Assets of £9.8m and 1.68x industry multiple (adjusted for liquidity).
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Hevey Building Supplies Limited Overview
Hevey Building Supplies Limited is a live company located in london, NW10 6UA with a Companies House number of 04251567. It operates in the agents involved in the sale of timber and building materials sector, SIC Code 46130. Founded in July 2001, it's largest shareholder is carboclass limited with a 100% stake. Hevey Building Supplies Limited is a mature, large sized company, Pomanda has estimated its turnover at £59.9m with high growth in recent years.
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Hevey Building Supplies Limited Health Check
Pomanda's financial health check has awarded Hevey Building Supplies Limited a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 6 measures and has 3 areas for improvement. Company Health Check FAQs
6 Strong
3 Regular
3 Weak
Size
annual sales of £59.9m, make it larger than the average company (£16.3m)
£59.9m - Hevey Building Supplies Limited
£16.3m - Industry AVG
Growth
3 year (CAGR) sales growth of 29%, show it is growing at a faster rate (9%)
29% - Hevey Building Supplies Limited
9% - Industry AVG
Production
with a gross margin of 20.7%, this company has a higher cost of product (27.8%)
20.7% - Hevey Building Supplies Limited
27.8% - Industry AVG
Profitability
an operating margin of 2.7% make it less profitable than the average company (6.3%)
2.7% - Hevey Building Supplies Limited
6.3% - Industry AVG
Employees
with 130 employees, this is above the industry average (41)
130 - Hevey Building Supplies Limited
41 - Industry AVG
Pay Structure
on an average salary of £42.4k, the company has an equivalent pay structure (£37.6k)
£42.4k - Hevey Building Supplies Limited
£37.6k - Industry AVG
Efficiency
resulting in sales per employee of £460.5k, this is more efficient (£324.1k)
£460.5k - Hevey Building Supplies Limited
£324.1k - Industry AVG
Debtor Days
it gets paid by customers after 41 days, this is near the average (47 days)
41 days - Hevey Building Supplies Limited
47 days - Industry AVG
Creditor Days
its suppliers are paid after 56 days, this is slower than average (46 days)
56 days - Hevey Building Supplies Limited
46 days - Industry AVG
Stock Days
it holds stock equivalent to 29 days, this is less than average (58 days)
29 days - Hevey Building Supplies Limited
58 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (5 weeks)
0 weeks - Hevey Building Supplies Limited
5 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 54.7%, this is a similar level of debt than the average (58.6%)
54.7% - Hevey Building Supplies Limited
58.6% - Industry AVG
hevey building supplies limited Credit Report and Business Information
Hevey Building Supplies Limited Competitor Analysis
Perform a competitor analysis for hevey building supplies limited by selecting its closest rivals and benchmarking them against 12 key performance metrics.
hevey building supplies limited Ownership
HEVEY BUILDING SUPPLIES LIMITED group structure
Hevey Building Supplies Limited has 2 subsidiary companies.
Ultimate parent company
2 parents
HEVEY BUILDING SUPPLIES LIMITED
04251567
2 subsidiaries
hevey building supplies limited directors
Hevey Building Supplies Limited currently has 2 directors. The longest serving directors include Mr Christopher Day (Oct 2017) and Mr Shanker Patel (Oct 2017).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Christopher Day | United Kingdom | 40 years | Oct 2017 | - | Director |
| Mr Shanker Patel | United Kingdom | 53 years | Oct 2017 | - | Director |
HEVEY BUILDING SUPPLIES LIMITED financials
Hevey Building Supplies Limited's latest turnover from December 2022 is £59.9 million and the company has net assets of £9.8 million. According to their latest financial statements, Hevey Building Supplies Limited has 130 employees and maintains cash reserves of £31.5 thousand 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 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Nov 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 59,861,929 | 42,138,653 | 25,718,519 | 27,656,526 | 26,785,866 | 26,499,170 | 23,724,038 | 21,570,942 | 17,073,318 | 12,459,024 | 9,714,919 | |||
| Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||
| Cost Of Sales | 47,491,710 | 32,735,384 | 19,698,732 | 22,165,775 | 21,401,016 | 21,514,371 | 18,765,419 | 17,155,409 | 13,457,628 | 9,654,718 | 7,519,187 | |||
| Gross Profit | 12,370,219 | 9,403,269 | 6,019,787 | 5,490,751 | 5,384,850 | 4,984,799 | 4,958,619 | 4,415,533 | 3,615,690 | 2,804,306 | 2,195,732 | |||
| Admin Expenses | 10,764,842 | 6,970,172 | 5,020,050 | 4,262,091 | 3,782,292 | 3,861,174 | 3,169,993 | 2,939,477 | 2,506,785 | 2,090,180 | 1,882,643 | |||
| Operating Profit | 1,605,377 | 2,433,097 | 999,737 | 1,228,660 | 1,602,558 | 1,123,625 | 1,788,626 | 1,476,056 | 1,108,905 | 714,126 | 313,089 | |||
| Interest Payable | 144,368 | 108,131 | 30,044 | 80,210 | 14,114 | 88,040 | 6,660 | 5,582 | 3,940 | 3,590 | 5,833 | |||
| Interest Receivable | 0 | 0 | 75,250 | 133,487 | 65,038 | 820 | 671 | 0 | 0 | 0 | 29 | |||
| Pre-Tax Profit | 1,461,009 | 2,324,966 | 1,044,943 | 1,281,937 | 1,653,482 | 1,110,914 | 1,782,637 | 1,470,474 | 1,104,965 | 710,536 | 307,256 | |||
| Tax | -454,437 | -693,580 | -190,131 | -234,365 | -296,077 | -230,271 | -361,269 | -312,556 | -252,001 | -171,074 | -74,079 | |||
| Profit After Tax | 1,006,572 | 1,631,386 | 854,812 | 1,047,572 | 1,357,405 | 880,643 | 1,421,368 | 1,157,918 | 852,964 | 539,462 | 233,177 | |||
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 802,000 | 602,000 | 458,177 | 354,025 | 253,338 | |||
| Retained Profit | 1,006,572 | 1,631,386 | 854,812 | 1,047,572 | 1,357,405 | 880,643 | 619,368 | 555,918 | 394,787 | 185,437 | -20,161 | |||
| Employee Costs | 5,511,376 | 3,929,981 | 2,690,507 | 2,142,568 | 1,864,107 | 2,407,242 | 1,777,903 | 1,672,209 | 1,464,517 | 1,173,747 | ||||
| Number Of Employees | 130 | 95 | 70 | 59 | 53 | 59 | 51 | 49 | 45 | |||||
| EBITDA* | 2,937,666 | 3,468,490 | 1,735,947 | 1,677,661 | 1,970,490 | 1,332,276 | 1,956,073 | 1,617,003 | 1,208,510 | 799,610 | 407,283 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Nov 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 2,460,832 | 2,734,671 | 1,502,038 | 1,937,612 | 1,362,504 | 1,403,750 | 683,533 | 441,687 | 445,266 | 295,481 | 247,510 | 317,451 | 332,051 | 360,042 |
| Intangible Assets | 5,301,277 | 5,035,775 | 1,639,800 | 1,832,723 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 2,137,223 | 2,495,048 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 7,762,109 | 7,770,446 | 3,141,838 | 5,907,558 | 3,857,552 | 1,403,750 | 683,533 | 441,687 | 445,266 | 295,481 | 247,510 | 317,451 | 332,051 | 360,042 |
| Stock & work in progress | 3,898,921 | 3,019,772 | 1,831,765 | 1,613,799 | 1,299,439 | 1,025,341 | 878,040 | 879,007 | 883,728 | 600,081 | 466,332 | 585,051 | 550,967 | 518,084 |
| Trade Debtors | 6,784,235 | 6,032,336 | 4,131,812 | 2,519,563 | 3,593,012 | 4,449,899 | 3,950,563 | 3,662,985 | 2,619,397 | 2,328,081 | 1,659,275 | 1,669,771 | 1,358,712 | 1,485,957 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 3,073,898 | 2,674,555 | 446,861 | 2,575,251 | 1,613,085 | 218,749 | 94,220 | 76,624 | 48,814 | 15,599 | 17,986 | 0 | 0 | 0 |
| Cash | 31,471 | 1,548,791 | 3,095,507 | 1,173,110 | 1,805,684 | 2,627,844 | 2,183,855 | 1,472,239 | 1,054,241 | 452,782 | 206,694 | 120,339 | 262,709 | 265,427 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 13,788,525 | 13,275,454 | 9,505,945 | 7,881,723 | 8,311,220 | 8,321,833 | 7,106,678 | 6,090,855 | 4,606,180 | 3,396,543 | 2,350,287 | 2,375,161 | 2,172,388 | 2,269,468 |
| total assets | 21,550,634 | 21,045,900 | 12,647,783 | 13,789,281 | 12,168,772 | 9,725,583 | 7,790,211 | 6,532,542 | 5,051,446 | 3,692,024 | 2,597,797 | 2,692,612 | 2,504,439 | 2,629,510 |
| Bank overdraft | 0 | 0 | 0 | 0 | 1,507,178 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 7,349,192 | 6,585,304 | 4,022,425 | 3,551,222 | 4,121,079 | 4,243,992 | 3,297,193 | 3,052,739 | 2,303,969 | 1,958,699 | 1,389,901 | 1,725,064 | 1,550,168 | 1,699,975 |
| Group/Directors Accounts | 40,575 | 0 | 0 | 1,025 | 0 | 0 | 0 | 200,450 | 101,503 | 100,509 | 637 | 0 | 0 | 0 |
| other short term finances | 1,810,676 | 2,004,333 | 269,817 | 2,320,312 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 62,455 | 104,479 | 224,842 | 223,036 | 184,743 | 118,536 | 107,773 | 92,771 | 30,220 | 16,887 | 0 | 0 | 0 |
| other current liabilities | 2,132,148 | 3,182,446 | 717,827 | 1,274,683 | 1,071,200 | 1,154,882 | 1,380,813 | 962,926 | 872,396 | 470,863 | 269,273 | 0 | 0 | 0 |
| total current liabilities | 11,332,591 | 11,834,538 | 5,114,548 | 7,372,084 | 6,922,493 | 5,583,617 | 4,796,542 | 4,323,888 | 3,370,639 | 2,560,291 | 1,676,698 | 1,725,064 | 1,550,168 | 1,699,975 |
| loans | 0 | 41,898 | 283,534 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 18,814 | 18,814 | 81,270 | 185,599 | 256,117 | 301,009 | 281,116 | 118,817 | 147,091 | 27,260 | 19,702 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 34,953 | 42,206 | 227,600 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 36,589 | 9,906 | 75,097 |
| provisions | 429,959 | 434,916 | 202,599 | 85,625 | 70,928 | 93,734 | 82,508 | 79,160 | 78,957 | 44,501 | 26,862 | 36,263 | 34,253 | 28,443 |
| total long term liabilities | 448,773 | 495,628 | 567,403 | 306,177 | 369,251 | 622,343 | 363,624 | 197,977 | 226,048 | 71,761 | 46,564 | 72,852 | 44,159 | 103,540 |
| total liabilities | 11,781,364 | 12,330,166 | 5,681,951 | 7,678,261 | 7,291,744 | 6,205,960 | 5,160,166 | 4,521,865 | 3,596,687 | 2,632,052 | 1,723,262 | 1,797,916 | 1,594,327 | 1,803,515 |
| net assets | 9,769,270 | 8,715,734 | 6,965,832 | 6,111,020 | 4,877,028 | 3,519,623 | 2,630,045 | 2,010,677 | 1,454,759 | 1,059,972 | 874,535 | 894,696 | 910,112 | 825,995 |
| total shareholders funds | 9,769,270 | 8,715,734 | 6,965,832 | 6,111,020 | 4,877,028 | 3,519,623 | 2,630,045 | 2,010,677 | 1,454,759 | 1,059,972 | 874,535 | 894,696 | 910,112 | 825,995 |
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Nov 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||||
| Operating Profit | 1,605,377 | 2,433,097 | 999,737 | 1,228,660 | 1,602,558 | 1,123,625 | 1,788,626 | 1,476,056 | 1,108,905 | 714,126 | 313,089 | |||
| Depreciation | 694,710 | 653,579 | 543,287 | 449,001 | 367,932 | 208,651 | 167,447 | 140,947 | 99,605 | 85,484 | 94,194 | 111,385 | 110,661 | 117,971 |
| Amortisation | 637,579 | 381,814 | 192,923 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | -454,437 | -693,580 | -190,131 | -234,365 | -296,077 | -230,271 | -361,269 | -312,556 | -252,001 | -171,074 | -74,079 | |||
| Stock | 879,149 | 1,188,007 | 217,966 | 314,360 | 274,098 | 147,301 | -967 | -4,721 | 283,647 | 133,749 | -118,719 | 34,084 | 32,883 | 518,084 |
| Debtors | 1,151,242 | 4,128,218 | -2,653,364 | -469,108 | 3,032,497 | 623,865 | 305,174 | 1,071,398 | 324,531 | 666,419 | 7,490 | 311,059 | -127,245 | 1,485,957 |
| Creditors | 763,888 | 2,562,879 | 471,203 | -569,857 | -122,913 | 946,799 | 244,454 | 748,770 | 345,270 | 568,798 | -335,163 | 174,896 | -149,807 | 1,699,975 |
| Accruals and Deferred Income | -1,050,298 | 2,464,619 | -591,809 | 196,230 | -269,076 | 1,669 | 417,887 | 90,530 | 401,533 | 201,590 | 269,273 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | -4,957 | 232,317 | 116,974 | 14,697 | -22,806 | 11,226 | 3,348 | 203 | 34,456 | 17,639 | -9,401 | 2,010 | 5,810 | 28,443 |
| Cash flow from operations | 161,471 | 2,718,500 | 3,977,582 | 1,239,114 | -2,046,977 | 1,290,533 | 1,956,286 | 1,077,273 | 1,129,590 | 616,395 | 369,142 | |||
| Investing Activities | ||||||||||||||
| capital expenditure | -396,620 | -130,325 | -260,201 | -132,231 | ||||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | -396,620 | -130,325 | -260,201 | -132,231 | ||||||||||
| Financing Activities | ||||||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 40,575 | 0 | -1,025 | 1,025 | 0 | 0 | -200,450 | 98,947 | 994 | 99,872 | 637 | 0 | 0 | 0 |
| Other Short Term Loans | -193,657 | 1,734,516 | -2,050,495 | 2,320,312 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | -41,898 | -241,636 | 283,534 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | -62,455 | -104,480 | -224,692 | -68,712 | -6,599 | 86,100 | 173,062 | -13,272 | 182,382 | 20,891 | 36,589 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -36,589 | 26,683 | -65,191 | 75,097 |
| share issue | ||||||||||||||
| interest | -144,368 | -108,131 | 45,206 | 53,277 | 50,924 | -87,220 | -5,989 | -5,582 | -3,940 | -3,590 | -5,804 | |||
| cash flow from financing | -354,839 | 1,398,785 | -1,947,472 | 2,492,322 | 44,325 | 7,815 | -33,377 | 80,093 | 179,436 | 117,173 | -5,167 | |||
| cash and cash equivalents | ||||||||||||||
| cash | -1,517,320 | -1,546,716 | 1,922,397 | -632,574 | -822,160 | 443,989 | 711,616 | 417,998 | 601,459 | 246,088 | 86,355 | -142,370 | -2,718 | 265,427 |
| overdraft | 0 | 0 | 0 | -1,507,178 | 1,507,178 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -1,517,320 | -1,546,716 | 1,922,397 | 874,604 | -2,329,338 | 443,989 | 711,616 | 417,998 | 601,459 | 246,088 | 86,355 | -142,370 | -2,718 | 265,427 |
P&L
December 2022turnover
59.9m
+42%
operating profit
1.6m
-34%
gross margin
20.7%
-7.4%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2022net assets
9.8m
+0.12%
total assets
21.6m
+0.02%
cash
31.5k
-0.98%
net assets
Total assets minus all liabilities
hevey building supplies limited company details
company number
04251567
Type
Private limited with Share Capital
industry
46130 - Agents involved in the sale of timber and building materials
incorporation date
July 2001
age
23
accounts
Full Accounts
ultimate parent company
previous names
N/A
incorporated
UK
address
unit 1, radford industrial estate, london, NW10 6UA
last accounts submitted
December 2022
hevey building supplies 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 hevey building supplies limited. Currently there are 2 open charges and 11 have been satisfied in the past.
hevey building supplies limited Companies House Filings - See Documents
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