hill residential limited
hill residential limited Company Information
Company Number
04251718
Next Accounts
Dec 2025
Shareholders
hill holdings ltd
Group Structure
View All
Industry
Buying and selling of own real estate
Registered Address
the power house gunpowder mill, powdermill lane, waltham abbey, essex, EN9 1BN
Website
www.hill.co.ukhill residential limited Estimated Valuation
Pomanda estimates the enterprise value of HILL RESIDENTIAL LIMITED at £2b based on a Turnover of £496.2m and 4.12x industry multiple (adjusted for size and gross margin).
hill residential limited Estimated Valuation
Pomanda estimates the enterprise value of HILL RESIDENTIAL LIMITED at £405.7m based on an EBITDA of £45.9m and a 8.83x industry multiple (adjusted for size and gross margin).
hill residential limited Estimated Valuation
Pomanda estimates the enterprise value of HILL RESIDENTIAL LIMITED at £454.8m based on Net Assets of £288.8m and 1.58x industry multiple (adjusted for liquidity).
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Hill Residential Limited Overview
Hill Residential Limited is a live company located in waltham abbey, EN9 1BN with a Companies House number of 04251718. It operates in the buying and selling of own real estate sector, SIC Code 68100. Founded in July 2001, it's largest shareholder is hill holdings ltd with a 100% stake. Hill Residential Limited is a mature, mega sized company, Pomanda has estimated its turnover at £496.2m with healthy growth in recent years.
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Hill Residential Limited Health Check
Pomanda's financial health check has awarded Hill Residential Limited a 4 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
2 Regular
5 Weak
Size
annual sales of £496.2m, make it larger than the average company (£821.5k)
£496.2m - Hill Residential Limited
£821.5k - Industry AVG
Growth
3 year (CAGR) sales growth of 12%, show it is growing at a faster rate (3.1%)
12% - Hill Residential Limited
3.1% - Industry AVG
Production
with a gross margin of 15.6%, this company has a higher cost of product (67.4%)
15.6% - Hill Residential Limited
67.4% - Industry AVG
Profitability
an operating margin of 9.3% make it less profitable than the average company (27%)
9.3% - Hill Residential Limited
27% - Industry AVG
Employees
with 166 employees, this is above the industry average (4)
166 - Hill Residential Limited
4 - Industry AVG
Pay Structure
on an average salary of £123.9k, the company has a higher pay structure (£38.6k)
£123.9k - Hill Residential Limited
£38.6k - Industry AVG
Efficiency
resulting in sales per employee of £3m, this is more efficient (£197.6k)
£3m - Hill Residential Limited
£197.6k - Industry AVG
Debtor Days
it gets paid by customers after 12 days, this is earlier than average (26 days)
12 days - Hill Residential Limited
26 days - Industry AVG
Creditor Days
its suppliers are paid after 1 days, this is quicker than average (31 days)
1 days - Hill Residential Limited
31 days - Industry AVG
Stock Days
it holds stock equivalent to 428 days, this is in line with average (454 days)
428 days - Hill Residential Limited
454 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 5 weeks, this is less cash available to meet short term requirements (7 weeks)
5 weeks - Hill Residential Limited
7 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 68.7%, this is a similar level of debt than the average (62.7%)
68.7% - Hill Residential Limited
62.7% - Industry AVG
HILL RESIDENTIAL LIMITED financials
Hill Residential Limited's latest turnover from March 2024 is £496.2 million and the company has net assets of £288.8 million. According to their latest financial statements, Hill Residential Limited has 166 employees and maintains cash reserves of £69.8 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2024 | 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 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 496,159,000 | 305,030,000 | 357,167,000 | 331,654,000 | 336,290,000 | 297,591,000 | 175,850,000 | 188,585,000 | 165,781,000 | 98,284,000 | 91,710,000 | 38,438,000 | 17,044,000 | 9,500,000 | 5,458,000 |
| Other Income Or Grants | |||||||||||||||
| Cost Of Sales | 418,842,000 | 250,212,000 | 298,757,000 | 274,325,000 | 291,408,000 | 248,717,000 | 132,088,000 | 148,411,000 | 129,690,000 | 76,962,000 | 75,382,000 | 30,543,000 | 14,013,000 | 6,733,000 | 4,467,000 |
| Gross Profit | 77,317,000 | 54,818,000 | 58,410,000 | 57,329,000 | 44,882,000 | 48,874,000 | 43,762,000 | 40,174,000 | 36,091,000 | 21,322,000 | 16,328,000 | 7,895,000 | 3,031,000 | 2,767,000 | 991,000 |
| Admin Expenses | 31,386,000 | 13,557,000 | 18,507,000 | 21,393,000 | 14,214,000 | 13,063,000 | 10,154,000 | 8,358,000 | 7,261,000 | 5,349,000 | 4,052,000 | 2,379,000 | 1,469,000 | 1,158,000 | 870,000 |
| Operating Profit | 45,931,000 | 41,261,000 | 39,903,000 | 35,936,000 | 30,668,000 | 35,811,000 | 33,608,000 | 31,816,000 | 28,830,000 | 15,973,000 | 12,276,000 | 5,516,000 | 1,562,000 | 1,609,000 | 121,000 |
| Interest Payable | 703,000 | 563,000 | 563,000 | 563,000 | 234,000 | 29,000 | 6,000 | 1,000 | |||||||
| Interest Receivable | 11,000 | 9,000 | 90,000 | ||||||||||||
| Pre-Tax Profit | 57,303,000 | 48,122,000 | 48,402,000 | 38,138,000 | 32,125,000 | 36,912,000 | 35,021,000 | 32,359,000 | 28,830,000 | 15,973,000 | 12,276,000 | 5,510,000 | 1,561,000 | 1,609,000 | 251,000 |
| Tax | -14,031,000 | -8,710,000 | -9,562,000 | -7,357,000 | -5,884,000 | -6,949,000 | -6,714,000 | -6,047,000 | -5,870,000 | -3,432,000 | -2,607,000 | -1,353,000 | -421,000 | -471,000 | -76,000 |
| Profit After Tax | 43,272,000 | 39,412,000 | 38,840,000 | 30,781,000 | 26,241,000 | 29,963,000 | 28,307,000 | 26,312,000 | 22,960,000 | 12,541,000 | 9,669,000 | 4,157,000 | 1,140,000 | 1,138,000 | 175,000 |
| Dividends Paid | 3,364,000 | 3,675,000 | 2,539,000 | 2,419,000 | 623,000 | ||||||||||
| Retained Profit | 39,908,000 | 35,737,000 | 36,296,000 | 30,152,000 | 25,112,000 | 28,993,000 | 25,984,000 | 20,290,000 | 21,183,000 | 11,699,000 | 8,602,000 | 4,113,000 | 1,140,000 | 1,138,000 | 175,000 |
| Employee Costs | 20,573,000 | 12,296,000 | 11,651,000 | 9,952,000 | 7,847,000 | 7,497,000 | 5,160,000 | 4,491,000 | 4,348,000 | 2,882,000 | 2,047,000 | 1,283,000 | 814,000 | 699,000 | 624,000 |
| Number Of Employees | 166 | 150 | 140 | 120 | 101 | 100 | 78 | 62 | 43 | 31 | 24 | 19 | 13 | 11 | 12 |
| EBITDA* | 45,946,000 | 41,274,000 | 39,926,000 | 35,974,000 | 30,690,000 | 35,829,000 | 33,635,000 | 31,842,000 | 28,857,000 | 15,998,000 | 12,295,000 | 5,521,000 | 1,566,000 | 1,616,000 | 157,000 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2024 | 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 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 6,000 | 21,000 | 34,000 | 57,000 | 95,000 | 25,000 | 43,000 | 13,576,000 | 50,000 | 65,000 | 87,000 | 20,000 | 11,000 | 5,000 | 66,000 |
| Intangible Assets | |||||||||||||||
| Investments & Other | 66,454,000 | 64,809,000 | 45,361,000 | 35,102,000 | 28,789,000 | 25,749,000 | 28,396,000 | 6,396,000 | 4,170,000 | ||||||
| Debtors (Due After 1 year) | |||||||||||||||
| Total Fixed Assets | 66,460,000 | 64,830,000 | 45,395,000 | 35,159,000 | 28,884,000 | 25,774,000 | 28,439,000 | 19,972,000 | 4,220,000 | 65,000 | 87,000 | 20,000 | 11,000 | 5,000 | 66,000 |
| Stock & work in progress | 491,694,000 | 313,740,000 | 251,804,000 | 235,741,000 | 253,317,000 | 254,341,000 | 239,626,000 | 187,669,000 | 130,364,000 | 111,939,000 | 67,316,000 | 73,197,000 | 51,491,000 | 22,835,000 | 12,196,000 |
| Trade Debtors | 16,347,000 | 12,301,000 | 18,841,000 | 12,498,000 | 6,488,000 | 8,715,000 | 3,405,000 | 1,850,000 | 1,648,000 | 1,701,000 | 807,000 | 176,000 | 10,000 | 535,000 | 400,000 |
| Group Debtors | 276,894,000 | 258,165,000 | 223,047,000 | 156,380,000 | 112,356,000 | 64,400,000 | 11,963,000 | 20,607,000 | 2,262,000 | 3,000,000 | 48,070,000 | 728,000 | 371,000 | 106,000 | 100,000 |
| Misc Debtors | 2,306,000 | 8,359,000 | 11,159,000 | 2,100,000 | 6,150,000 | 3,913,000 | 221,000 | 2,301,000 | 2,207,000 | 556,000 | 584,000 | 40,000 | 230,000 | 203,000 | 31,000 |
| Cash | 69,830,000 | 65,831,000 | 101,744,000 | 82,350,000 | 37,248,000 | 24,676,000 | 22,172,000 | 15,211,000 | 23,204,000 | 16,747,000 | 10,550,000 | 945,000 | 733,000 | 500,000 | 5,204,000 |
| misc current assets | |||||||||||||||
| total current assets | 857,071,000 | 658,396,000 | 606,595,000 | 489,069,000 | 415,559,000 | 356,045,000 | 277,387,000 | 227,638,000 | 159,685,000 | 133,943,000 | 127,327,000 | 75,086,000 | 52,835,000 | 24,179,000 | 17,931,000 |
| total assets | 923,531,000 | 723,226,000 | 651,990,000 | 524,228,000 | 444,443,000 | 381,819,000 | 305,826,000 | 247,610,000 | 163,905,000 | 134,008,000 | 127,414,000 | 75,106,000 | 52,846,000 | 24,184,000 | 17,997,000 |
| Bank overdraft | 11,571,000 | ||||||||||||||
| Bank loan | 3,755,000 | 8,912,000 | 8,137,000 | 10,867,000 | 37,392,000 | 30,954,000 | 18,762,000 | 24,946,000 | 3,398,000 | 1,206,000 | |||||
| Trade Creditors | 1,760,000 | 2,299,000 | 45,753,000 | 56,318,000 | 30,889,000 | 23,335,000 | 1,277,000 | 222,000 | 250,000 | 24,000 | 517,000 | 155,000 | 422,000 | 39,000 | 42,000 |
| Group/Directors Accounts | 506,353,000 | 379,950,000 | 353,316,000 | 262,872,000 | 237,265,000 | 201,812,000 | 172,464,000 | 133,721,000 | 46,806,000 | 64,483,000 | 86,440,000 | 38,594,000 | 35,378,000 | 16,431,000 | 13,751,000 |
| other short term finances | 3,050,000 | ||||||||||||||
| hp & lease commitments | |||||||||||||||
| other current liabilities | 118,838,000 | 92,101,000 | 39,458,000 | 27,565,000 | 17,457,000 | 18,410,000 | 22,606,000 | 28,445,000 | 27,606,000 | 5,430,000 | 2,818,000 | 2,107,000 | 339,000 | 321,000 | 141,000 |
| total current liabilities | 626,951,000 | 474,350,000 | 438,527,000 | 346,755,000 | 289,366,000 | 252,469,000 | 204,484,000 | 173,255,000 | 112,054,000 | 103,941,000 | 108,537,000 | 65,802,000 | 47,710,000 | 20,189,000 | 15,140,000 |
| loans | |||||||||||||||
| hp & lease commitments | |||||||||||||||
| Accruals and Deferred Income | |||||||||||||||
| other liabilities | |||||||||||||||
| provisions | 7,796,000 | 321,000 | 226,000 | 183,000 | 147,000 | 114,000 | 79,000 | 7,000 | 15,000 | 11,000 | |||||
| total long term liabilities | 7,796,000 | 321,000 | 226,000 | 183,000 | 147,000 | 114,000 | 79,000 | 7,000 | 15,000 | 11,000 | |||||
| total liabilities | 634,747,000 | 474,350,000 | 438,848,000 | 346,981,000 | 289,549,000 | 252,616,000 | 204,598,000 | 173,334,000 | 112,061,000 | 103,941,000 | 108,552,000 | 65,813,000 | 47,710,000 | 20,189,000 | 15,140,000 |
| net assets | 288,784,000 | 248,876,000 | 213,139,000 | 176,842,000 | 151,112,000 | 126,000,000 | 97,007,000 | 71,023,000 | 50,733,000 | 29,550,000 | 17,851,000 | 9,249,000 | 5,136,000 | 3,995,000 | 2,857,000 |
| total shareholders funds | 288,784,000 | 248,876,000 | 213,139,000 | 176,842,000 | 151,112,000 | 126,000,000 | 97,007,000 | 71,023,000 | 50,733,000 | 29,550,000 | 17,851,000 | 9,249,000 | 5,136,000 | 3,995,000 | 2,857,000 |
| Mar 2024 | 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 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | 45,931,000 | 41,261,000 | 39,903,000 | 35,936,000 | 30,668,000 | 35,811,000 | 33,608,000 | 31,816,000 | 28,830,000 | 15,973,000 | 12,276,000 | 5,516,000 | 1,562,000 | 1,609,000 | 121,000 |
| Depreciation | 15,000 | 13,000 | 23,000 | 38,000 | 22,000 | 18,000 | 27,000 | 26,000 | 27,000 | 25,000 | 19,000 | 5,000 | 4,000 | 7,000 | 36,000 |
| Amortisation | |||||||||||||||
| Tax | -14,031,000 | -8,710,000 | -9,562,000 | -7,357,000 | -5,884,000 | -6,949,000 | -6,714,000 | -6,047,000 | -5,870,000 | -3,432,000 | -2,607,000 | -1,353,000 | -421,000 | -471,000 | -76,000 |
| Stock | 491,694,000 | 61,936,000 | 16,063,000 | -17,576,000 | -1,024,000 | 14,715,000 | 51,957,000 | 57,305,000 | 18,425,000 | 44,623,000 | -5,881,000 | 21,706,000 | 28,656,000 | 10,639,000 | 12,196,000 |
| Debtors | 295,547,000 | 25,778,000 | 82,069,000 | 45,984,000 | 47,966,000 | 61,439,000 | -9,169,000 | 18,641,000 | 860,000 | -44,204,000 | 48,517,000 | 333,000 | -233,000 | 313,000 | 531,000 |
| Creditors | 1,760,000 | -43,454,000 | -10,565,000 | 25,429,000 | 7,554,000 | 22,058,000 | 1,055,000 | -28,000 | 226,000 | -493,000 | 362,000 | -267,000 | 383,000 | -3,000 | 42,000 |
| Accruals and Deferred Income | 118,838,000 | 52,643,000 | 11,893,000 | 10,108,000 | -953,000 | -4,196,000 | -5,839,000 | 839,000 | 22,176,000 | 2,612,000 | 711,000 | 1,768,000 | 18,000 | 180,000 | 141,000 |
| Deferred Taxes & Provisions | 7,796,000 | -321,000 | 95,000 | 43,000 | 36,000 | 33,000 | 35,000 | 72,000 | 7,000 | -15,000 | 4,000 | 11,000 | |||
| Cash flow from operations | -626,932,000 | -46,282,000 | -66,345,000 | 35,789,000 | -15,499,000 | -29,379,000 | -20,616,000 | -49,268,000 | 26,111,000 | 14,251,000 | -31,871,000 | -16,359,000 | -26,877,000 | -9,630,000 | -12,463,000 |
| Investing Activities | |||||||||||||||
| capital expenditure | 55,000 | ||||||||||||||
| Change in Investments | 66,454,000 | 19,448,000 | 10,259,000 | 6,313,000 | 3,040,000 | -2,647,000 | 22,000,000 | 2,226,000 | 4,170,000 | ||||||
| cash flow from investments | 55,000 | ||||||||||||||
| Financing Activities | |||||||||||||||
| Bank loans | -3,755,000 | -5,157,000 | 775,000 | -2,730,000 | -26,525,000 | 6,438,000 | 12,192,000 | -6,184,000 | 24,946,000 | -3,398,000 | 2,192,000 | 1,206,000 | |||
| Group/Directors Accounts | 506,353,000 | 26,634,000 | 90,444,000 | 25,607,000 | 35,453,000 | 29,348,000 | 38,743,000 | 86,915,000 | -17,677,000 | -21,957,000 | 47,846,000 | 3,216,000 | 18,947,000 | 2,680,000 | 13,751,000 |
| Other Short Term Loans | -3,050,000 | 3,050,000 | |||||||||||||
| Long term loans | |||||||||||||||
| Hire Purchase and Lease Commitments | |||||||||||||||
| other long term liabilities | |||||||||||||||
| share issue | |||||||||||||||
| interest | -703,000 | -563,000 | -552,000 | -554,000 | -234,000 | -29,000 | -6,000 | -1,000 | 90,000 | ||||||
| cash flow from financing | 754,526,000 | 26,071,000 | 89,893,000 | 16,876,000 | 30,062,000 | 30,123,000 | 36,013,000 | 60,361,000 | 28,156,000 | 15,549,000 | 4,872,000 | 17,729,000 | |||
| cash and cash equivalents | |||||||||||||||
| cash | 69,830,000 | -35,913,000 | 19,394,000 | 45,102,000 | 12,572,000 | 2,504,000 | 6,961,000 | -7,993,000 | 6,457,000 | 6,197,000 | 9,605,000 | 212,000 | 233,000 | -4,704,000 | 5,204,000 |
| overdraft | -11,571,000 | 11,571,000 | |||||||||||||
| change in cash | 69,830,000 | -35,913,000 | 19,394,000 | 45,102,000 | 12,572,000 | 2,504,000 | 6,961,000 | -7,993,000 | 6,457,000 | 6,197,000 | 9,605,000 | 11,783,000 | -11,338,000 | -4,704,000 | 5,204,000 |
hill residential limited Credit Report and Business Information
Hill Residential Limited Competitor Analysis
Perform a competitor analysis for hill residential limited by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other mega companies, companies in EN9 area or any other competitors across 12 key performance metrics.
hill residential limited Ownership
HILL RESIDENTIAL LIMITED group structure
Hill Residential Limited has 9 subsidiary companies.
Ultimate parent company
1 parent
HILL RESIDENTIAL LIMITED
04251718
9 subsidiaries
hill residential limited directors
Hill Residential Limited currently has 5 directors. The longest serving directors include Mr Andrew Hill (Jul 2001) and Mr Kieran Larkin (Jul 2005).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Andrew Hill | United Kingdom | 66 years | Jul 2001 | - | Director |
| Mr Kieran Larkin | 71 years | Jul 2005 | - | Director | |
| Mr Gregory Hill | United Kingdom | 38 years | May 2014 | - | Director |
| Mr Thomas Hill | United Kingdom | 36 years | Jan 2022 | - | Director |
| Mr Anthony Parker | United Kingdom | 53 years | Jan 2024 | - | Director |
P&L
March 2024turnover
496.2m
0%
operating profit
45.9m
0%
gross margin
15.6%
0%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2024net assets
288.8m
0%
total assets
923.5m
0%
cash
69.8m
0%
net assets
Total assets minus all liabilities
hill residential limited company details
company number
04251718
Type
Private limited with Share Capital
industry
68100 - Buying and selling of own real estate
incorporation date
July 2001
age
24
incorporated
UK
ultimate parent company
accounts
Group
last accounts submitted
March 2024
previous names
N/A
accountant
-
auditor
PETERS ELWORTHY & MOORE
address
the power house gunpowder mill, powdermill lane, waltham abbey, essex, EN9 1BN
Bank
NATIONAL WESTMINSTER BANK PLC
Legal Advisor
-
hill residential 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 141 charges/mortgages relating to hill residential limited. Currently there are 30 open charges and 111 have been satisfied in the past.
hill residential 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 residential limited Companies House Filings - See Documents
| date | description | view/download |
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