hills balfour limited
hills balfour limited Company Information
Company Number
04496830
Website
www.hillsbalfour.comRegistered Address
58 southwark bridge road, c/o accounting, london, SE1 0AS
Industry
Advertising agencies
Media representation
Telephone
442075931700
Next Accounts Due
September 2024
Group Structure
View All
Shareholders
mmgy global uk holding ltd 100%
hills balfour limited Estimated Valuation
Pomanda estimates the enterprise value of HILLS BALFOUR LIMITED at £7.7m based on a Turnover of £10.7m and 0.72x industry multiple (adjusted for size and gross margin).
hills balfour limited Estimated Valuation
Pomanda estimates the enterprise value of HILLS BALFOUR LIMITED at £16.1m based on an EBITDA of £3.5m and a 4.58x industry multiple (adjusted for size and gross margin).
hills balfour limited Estimated Valuation
Pomanda estimates the enterprise value of HILLS BALFOUR LIMITED at £2.8m based on Net Assets of £5.4m and 0.51x industry multiple (adjusted for liquidity).
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Hills Balfour Limited Overview
Hills Balfour Limited is a live company located in london, SE1 0AS with a Companies House number of 04496830. It operates in the public relations and communications activities sector, SIC Code 70210. Founded in July 2002, it's largest shareholder is mmgy global uk holding ltd with a 100% stake. Hills Balfour Limited is a mature, mid sized company, Pomanda has estimated its turnover at £10.7m with declining growth in recent years.
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Hills Balfour Limited Health Check
Pomanda's financial health check has awarded Hills Balfour Limited a 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
2 Regular
3 Weak
Size
annual sales of £10.7m, make it larger than the average company (£5.7m)
- Hills Balfour Limited
£5.7m - Industry AVG
Growth
3 year (CAGR) sales growth of -12%, show it is growing at a slower rate (3.8%)
- Hills Balfour Limited
3.8% - Industry AVG
Production
with a gross margin of 52.9%, this company has a comparable cost of product (52.9%)
- Hills Balfour Limited
52.9% - Industry AVG
Profitability
an operating margin of 32.3% make it more profitable than the average company (7.3%)
- Hills Balfour Limited
7.3% - Industry AVG
Employees
with 47 employees, this is above the industry average (29)
47 - Hills Balfour Limited
29 - Industry AVG
Pay Structure
on an average salary of £65.6k, the company has an equivalent pay structure (£65.6k)
- Hills Balfour Limited
£65.6k - Industry AVG
Efficiency
resulting in sales per employee of £228.7k, this is more efficient (£162.5k)
- Hills Balfour Limited
£162.5k - Industry AVG
Debtor Days
it gets paid by customers after 79 days, this is later than average (61 days)
- Hills Balfour Limited
61 days - Industry AVG
Creditor Days
its suppliers are paid after 75 days, this is slower than average (44 days)
- Hills Balfour Limited
44 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Hills Balfour Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 10 weeks, this is less cash available to meet short term requirements (19 weeks)
10 weeks - Hills Balfour Limited
19 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 51.3%, this is a lower level of debt than the average (64.3%)
51.3% - Hills Balfour Limited
64.3% - Industry AVG
HILLS BALFOUR LIMITED financials
Hills Balfour Limited's latest turnover from December 2022 is estimated at £10.7 million and the company has net assets of £5.4 million. According to their latest financial statements, Hills Balfour Limited has 47 employees and maintains cash reserves of £1.1 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 7,220,085 | 15,590,879 | 9,967,296 | 12,483,321 | ||||||||||
| Other Income Or Grants | 0 | 0 | 0 | 0 | ||||||||||
| Cost Of Sales | 5,987,990 | 12,259,025 | 7,637,732 | 9,885,580 | ||||||||||
| Gross Profit | 1,232,095 | 3,331,854 | 2,329,564 | 2,597,741 | ||||||||||
| Admin Expenses | 426,650 | 1,450,422 | 671,587 | 1,354,330 | ||||||||||
| Operating Profit | 805,445 | 1,881,432 | 1,657,977 | 1,243,411 | ||||||||||
| Interest Payable | 237 | 1,360 | 0 | 0 | ||||||||||
| Interest Receivable | 645,246 | 421,089 | 1,625 | 519 | ||||||||||
| Pre-Tax Profit | 1,450,454 | 2,301,161 | 1,659,602 | 1,243,930 | ||||||||||
| Tax | -188,197 | -289,880 | -321,653 | -302,030 | ||||||||||
| Profit After Tax | 1,262,257 | 2,011,281 | 1,337,949 | 941,900 | ||||||||||
| Dividends Paid | 4,404,114 | 1,300,050 | 0 | 572,612 | ||||||||||
| Retained Profit | -3,141,857 | 711,231 | 1,337,949 | 369,288 | ||||||||||
| Employee Costs | 3,099,467 | 3,829,407 | 2,582,764 | 3,486,056 | ||||||||||
| Number Of Employees | 47 | 50 | 82 | 114 | 86 | 83 | 69 | 57 | ||||||
| EBITDA* | 873,873 | 1,944,554 | 1,721,240 | 1,336,309 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 70,792 | 124,827 | 121,449 | 108,593 | 65,117 | 92,294 | 138,117 | 187,478 | 239,894 | 51,403 | 41,377 | 65,758 | 77,276 | 92,874 |
| Intangible Assets | 0 | 0 | 13,760 | 30,273 | 46,786 | 59,171 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 0 | 572,612 | 572,612 | 146,290 | 40 | 10,040 | 10,132 | 16,932 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 80,792 | 134,827 | 145,209 | 148,866 | 121,903 | 161,465 | 138,117 | 760,090 | 812,506 | 197,693 | 41,417 | 75,798 | 87,408 | 109,806 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 2,337,799 | 1,849,389 | 514,048 | 2,085,657 | 2,062,686 | 2,987,026 | 2,231,145 | 1,255,955 | 985,264 | 892,580 | 1,276,999 | 1,410,869 | 1,748,090 | 1,620,730 |
| Group Debtors | 7,297,553 | 7,550 | 4,708 | 2,653,871 | 2,560,810 | 100,265 | 32,108 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 297,664 | 1,074,135 | 289,458 | 434,071 | 630,911 | 515,052 | 592,446 | 298,964 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 1,100,930 | 1,736,639 | 2,116,014 | 2,678,253 | 1,265,159 | 2,235,429 | 1,025,121 | 467,236 | 413,749 | 629,903 | 661,887 | 628,285 | 305,160 | 493,365 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 572,612 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 11,033,946 | 4,667,713 | 2,924,228 | 7,851,852 | 6,519,566 | 5,837,772 | 4,453,432 | 2,022,155 | 1,399,013 | 1,522,483 | 1,938,886 | 2,039,154 | 2,053,250 | 2,114,095 |
| total assets | 11,114,738 | 4,802,540 | 3,069,437 | 8,000,718 | 6,641,469 | 5,999,237 | 4,591,549 | 2,782,245 | 2,211,519 | 1,720,176 | 1,980,303 | 2,114,952 | 2,140,658 | 2,223,901 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 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 | 1,051,416 | 677,658 | 488,922 | 1,393,671 | 1,181,674 | 1,982,952 | 1,352,409 | 606,409 | 795,819 | 756,467 | 1,349,646 | 1,693,970 | 2,103,039 | 1,821,464 |
| Group/Directors Accounts | 4,150,360 | 733,320 | 182,211 | 894,463 | 356,761 | 142,096 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 166,428 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 487,131 | 800,973 | 766,571 | 942,897 | 1,051,969 | 1,160,593 | 906,340 | 778,384 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 5,688,907 | 2,211,951 | 1,437,704 | 3,231,031 | 2,590,404 | 3,285,641 | 2,258,749 | 1,384,793 | 795,819 | 756,467 | 1,349,646 | 1,693,970 | 2,103,039 | 1,987,892 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 17,636 | 30,208 | 22,322 | 18,419 | 11,028 | 11,508 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 17,636 | 30,208 | 22,322 | 18,419 | 11,028 | 11,508 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 5,706,543 | 2,242,159 | 1,460,026 | 3,249,450 | 2,601,432 | 3,297,149 | 2,258,749 | 1,384,793 | 795,819 | 756,467 | 1,349,646 | 1,693,970 | 2,103,039 | 1,987,892 |
| net assets | 5,408,195 | 2,560,381 | 1,609,411 | 4,751,268 | 4,040,037 | 2,702,088 | 2,332,800 | 1,397,452 | 1,415,700 | 963,709 | 630,657 | 420,982 | 37,619 | 236,009 |
| total shareholders funds | 5,408,195 | 2,560,381 | 1,609,411 | 4,751,268 | 4,040,037 | 2,702,088 | 2,332,800 | 1,397,452 | 1,415,700 | 963,709 | 630,657 | 420,982 | 37,619 | 236,009 |
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||||
| Operating Profit | 805,445 | 1,881,432 | 1,657,977 | 1,243,411 | ||||||||||
| Depreciation | 54,035 | 79,019 | 51,915 | 46,609 | 50,878 | 86,018 | 85,031 | 76,475 | 50,332 | 24,452 | 44,747 | 20,846 | 25,441 | 29,943 |
| Amortisation | 0 | 13,760 | 16,513 | 16,513 | 12,385 | 6,880 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | -188,197 | -289,880 | -321,653 | -302,030 | ||||||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 7,001,942 | 2,122,860 | -4,365,385 | -80,808 | 2,398,708 | 746,644 | 1,300,780 | 569,655 | 92,684 | -384,419 | -133,870 | -337,221 | 127,360 | 1,620,730 |
| Creditors | 373,758 | 188,736 | -904,749 | 211,997 | -170,735 | 630,543 | 746,000 | -189,410 | 39,352 | -593,179 | -344,324 | -409,069 | 281,575 | 1,821,464 |
| Accruals and Deferred Income | -313,842 | 34,402 | -176,326 | -109,072 | 145,629 | 254,253 | 127,956 | 778,384 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | -12,572 | 7,886 | 3,903 | 7,391 | 11,028 | 11,508 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | 3,973,889 | 1,845,798 | -1,013,199 | 1,183,939 | ||||||||||
| Investing Activities | ||||||||||||||
| capital expenditure | ||||||||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 10,000 | 10,000 | -572,612 | 0 | 426,322 | 146,250 | -10,000 | -92 | -6,800 | 16,932 |
| cash flow from investments | ||||||||||||||
| Financing Activities | ||||||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 3,417,040 | 551,109 | -712,252 | 537,702 | 356,761 | 142,096 | 0 | 0 | 0 | 0 | 0 | 0 | -166,428 | 166,428 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||||||||||
| interest | 645,009 | 419,729 | 1,625 | 519 | ||||||||||
| cash flow from financing | -67,243 | 957,431 | 727,674 | 142,615 | ||||||||||
| cash and cash equivalents | ||||||||||||||
| cash | -635,709 | -379,375 | -562,239 | 1,413,094 | 240,038 | 1,210,308 | 557,885 | 53,487 | -216,154 | -31,984 | 33,602 | 323,125 | -188,205 | 493,365 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -635,709 | -379,375 | -562,239 | 1,413,094 | 240,038 | 1,210,308 | 557,885 | 53,487 | -216,154 | -31,984 | 33,602 | 323,125 | -188,205 | 493,365 |
hills balfour limited Credit Report and Business Information
Hills Balfour Limited Competitor Analysis
Perform a competitor analysis for hills balfour limited by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other mid companies, companies in SE1 area or any other competitors across 12 key performance metrics.
hills balfour limited Ownership
HILLS BALFOUR LIMITED group structure
Hills Balfour Limited has 1 subsidiary company.
Ultimate parent company
MMGY GLOBAL, LLC
#0075615
2 parents
HILLS BALFOUR LIMITED
04496830
1 subsidiary
hills balfour limited directors
Hills Balfour Limited currently has 3 directors. The longest serving directors include Mr Hugh McConnell (Mar 2018) and Ms Caroline Moultrie (Sep 2020).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Hugh McConnell | England | 59 years | Mar 2018 | - | Director |
| Ms Caroline Moultrie | England | 51 years | Sep 2020 | - | Director |
| Ms Katherine Briscoe | England | 42 years | Jan 2023 | - | Director |
P&L
December 2022turnover
10.7m
+22%
operating profit
3.5m
0%
gross margin
53%
-6.67%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2022net assets
5.4m
+1.11%
total assets
11.1m
+1.31%
cash
1.1m
-0.37%
net assets
Total assets minus all liabilities
hills balfour limited company details
company number
04496830
Type
Private limited with Share Capital
industry
70210 - Public relations and communication activities
73110 - Advertising agencies
73120 - Media representation
incorporation date
July 2002
age
22
incorporated
UK
accounts
Small Company
ultimate parent company
previous names
hills balfour synergy limited (May 2010)
hills balfour limited (November 2005)
last accounts submitted
December 2022
address
58 southwark bridge road, c/o accounting, london, SE1 0AS
accountant
MOORE KINGSTON SMITH LLP
auditor
-
hills balfour 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 hills balfour limited.
hills balfour limited Companies House Filings - See Documents
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