hutchinson group limited
hutchinson group limited Company Information
Company Number
04654686
Website
hutchinsondesigngroup.comRegistered Address
hutchinson group limited, weasenham lane, wisbech, cambridgeshire, PE13 2RN
Industry
Support activities for crop production
Telephone
01945461177
Next Accounts Due
September 2024
Group Structure
View All
Shareholders
d.a. hutchinson 30.8%
m.l. hutchinson 30.8%
View Allhutchinson group limited Estimated Valuation
The estimated valuation range for hutchinson group limited, derived from financial data as of December 2022 and the most recent industry multiples, is between £93.6m to £134.3m
hutchinson group limited Estimated Valuation
The estimated valuation range for hutchinson group limited, derived from financial data as of December 2022 and the most recent industry multiples, is between £93.6m to £134.3m
hutchinson group limited Estimated Valuation
The estimated valuation range for hutchinson group limited, derived from financial data as of December 2022 and the most recent industry multiples, is between £93.6m to £134.3m
Get a detailed valuation report, edit figures and unlock valuation multiples.
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Hutchinson Group Limited Overview
Hutchinson Group Limited is a live company located in wisbech, PE13 2RN with a Companies House number of 04654686. It operates in the support activities for crop production sector, SIC Code 01610. Founded in February 2003, it's largest shareholder is d.a. hutchinson with a 30.8% stake. Hutchinson Group Limited is a mature, mega sized company, Pomanda has estimated its turnover at £285m with healthy growth in recent years.
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Hutchinson Group Limited Health Check
Pomanda's financial health check has awarded Hutchinson Group 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
3 Regular
3 Weak
Size
annual sales of £285m, make it larger than the average company (£4.6m)
£285m - Hutchinson Group Limited
£4.6m - Industry AVG
Growth
3 year (CAGR) sales growth of 6%, show it is growing at a similar rate (5.8%)
6% - Hutchinson Group Limited
5.8% - Industry AVG
Production
with a gross margin of 12.9%, this company has a higher cost of product (22.1%)
12.9% - Hutchinson Group Limited
22.1% - Industry AVG
Profitability
an operating margin of 5.2% make it as profitable than the average company (5.1%)
5.2% - Hutchinson Group Limited
5.1% - Industry AVG
Employees
with 485 employees, this is above the industry average (18)
485 - Hutchinson Group Limited
18 - Industry AVG
Pay Structure
on an average salary of £75k, the company has a higher pay structure (£49.3k)
£75k - Hutchinson Group Limited
£49.3k - Industry AVG
Efficiency
resulting in sales per employee of £587.7k, this is more efficient (£237.2k)
£587.7k - Hutchinson Group Limited
£237.2k - Industry AVG
Debtor Days
it gets paid by customers after 57 days, this is near the average (52 days)
57 days - Hutchinson Group Limited
52 days - Industry AVG
Creditor Days
its suppliers are paid after 49 days, this is slower than average (43 days)
49 days - Hutchinson Group Limited
43 days - Industry AVG
Stock Days
it holds stock equivalent to 75 days, this is more than average (48 days)
75 days - Hutchinson Group Limited
48 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 30 weeks, this is more cash available to meet short term requirements (9 weeks)
30 weeks - Hutchinson Group Limited
9 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 30.8%, this is a lower level of debt than the average (54%)
30.8% - Hutchinson Group Limited
54% - Industry AVG
hutchinson group limited Credit Report and Business Information
Hutchinson Group Limited Competitor Analysis
Perform a competitor analysis for hutchinson group limited by selecting its closest rivals and benchmarking them against 12 key performance metrics.
hutchinson group limited Ownership
HUTCHINSON GROUP LIMITED group structure
Hutchinson Group Limited has 4 subsidiary companies.
Ultimate parent company
HUTCHINSON GROUP LIMITED
04654686
4 subsidiaries
hutchinson group limited directors
Hutchinson Group Limited currently has 3 directors. The longest serving directors include Mr David Hutchinson (Feb 2003) and Mr Michael Hutchinson (Feb 2003).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr David Hutchinson | England | 62 years | Feb 2003 | - | Director |
| Mr Michael Hutchinson | England | 59 years | Feb 2003 | - | Director |
| Mrs Melanie Hutchinson | United Kingdom | 62 years | Jan 2009 | - | Director |
HUTCHINSON GROUP LIMITED financials
Hutchinson Group Limited's latest turnover from December 2022 is £285 million and the company has net assets of £127.6 million. According to their latest financial statements, Hutchinson Group Limited has 485 employees and maintains cash reserves of £33.1 million 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 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 285,015,000 | 245,987,000 | 215,853,000 | 237,645,000 | 238,329,000 | 232,444,000 | 224,496,000 | 214,659,000 | 217,205,000 | 190,021,000 | 183,250,000 | 154,623,000 | 148,268,000 | 132,414,000 |
| Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cost Of Sales | 248,349,000 | 215,555,000 | 192,949,000 | 211,026,000 | 212,405,000 | 207,173,000 | 200,288,000 | 190,915,000 | 192,129,000 | 168,625,000 | 164,086,000 | 137,769,000 | 131,832,000 | 116,780,000 |
| Gross Profit | 36,666,000 | 30,432,000 | 22,904,000 | 26,619,000 | 25,924,000 | 25,271,000 | 24,208,000 | 23,744,000 | 25,076,000 | 21,396,000 | 19,164,000 | 16,854,000 | 16,436,000 | 15,634,000 |
| Admin Expenses | 21,737,000 | 18,081,000 | 16,795,000 | 17,023,000 | 15,445,000 | 13,810,000 | 12,728,000 | 11,541,000 | 11,967,000 | 9,671,000 | 8,386,000 | 7,523,000 | 7,875,000 | 7,987,000 |
| Operating Profit | 14,929,000 | 12,351,000 | 6,109,000 | 9,596,000 | 10,479,000 | 11,461,000 | 11,480,000 | 12,203,000 | 13,109,000 | 11,725,000 | 10,778,000 | 9,331,000 | 8,561,000 | 7,647,000 |
| Interest Payable | 18,000 | 20,000 | 24,000 | 3,000 | 5,000 | 10,000 | 12,000 | 103,000 | 1,947,000 | 9,000 | 123,000 | 16,000 | 23,000 | 1,687,000 |
| Interest Receivable | 965,000 | 309,000 | 284,000 | 558,000 | 501,000 | 427,000 | 418,000 | 464,000 | 2,514,000 | 461,000 | 331,000 | 464,000 | 258,000 | 1,624,000 |
| Pre-Tax Profit | 16,492,000 | 14,807,000 | 6,676,000 | 10,171,000 | 11,005,000 | 11,841,000 | 11,873,000 | 12,585,000 | 14,392,000 | 12,351,000 | 11,170,000 | 9,971,000 | 8,895,000 | 7,660,000 |
| Tax | -2,868,000 | -3,017,000 | -1,636,000 | -2,015,000 | -2,245,000 | -2,463,000 | -2,597,000 | -2,637,000 | -3,043,000 | -2,733,000 | -2,672,000 | -2,632,000 | -2,561,000 | -2,176,000 |
| Profit After Tax | 13,624,000 | 11,790,000 | 5,040,000 | 8,156,000 | 8,760,000 | 9,378,000 | 9,276,000 | 9,948,000 | 11,349,000 | 9,618,000 | 8,498,000 | 7,339,000 | 6,334,000 | 5,484,000 |
| Dividends Paid | 196,000 | 152,000 | 218,000 | 930,000 | 930,000 | 930,000 | 930,000 | 930,000 | 930,000 | 831,000 | 930,000 | 868,000 | 775,000 | 453,000 |
| Retained Profit | 13,104,000 | 11,370,000 | 4,584,000 | 6,892,000 | 7,569,000 | 8,217,000 | 8,133,000 | 8,787,000 | 10,118,000 | 8,619,000 | 7,417,000 | 6,316,000 | 5,393,000 | 4,880,000 |
| Employee Costs | 36,398,000 | 30,866,000 | 28,457,000 | 28,298,000 | 28,125,000 | 26,808,000 | 26,297,000 | 24,347,000 | 23,712,000 | 20,153,000 | 19,752,000 | 16,879,000 | 15,877,000 | 14,494,000 |
| Number Of Employees | 485 | 476 | 474 | 462 | 454 | 442 | 440 | 417 | 401 | 355 | 337 | 328 | 327 | 307 |
| EBITDA* | 18,471,000 | 16,053,000 | 10,841,000 | 13,633,000 | 14,365,000 | 15,272,000 | 14,914,000 | 14,944,000 | 15,316,000 | 13,863,000 | 12,495,000 | 10,773,000 | 9,791,000 | 8,629,000 |
* 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 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 18,589,000 | 16,632,000 | 18,490,000 | 21,359,000 | 21,522,000 | 20,548,000 | 18,566,000 | 15,590,000 | 10,919,000 | 7,561,000 | 6,561,000 | 5,938,000 | 5,343,000 | 4,928,000 |
| Intangible Assets | 1,036,000 | 2,847,000 | 3,861,000 | 1,427,000 | 1,724,000 | 2,549,000 | 2,999,000 | 1,847,000 | 883,000 | 1,057,000 | 327,000 | 501,000 | 695,000 | 889,000 |
| Investments & Other | 25,940,000 | 11,988,000 | 7,557,000 | 1,627,000 | 1,630,000 | 272,000 | 237,000 | 225,000 | 166,000 | 2,377,000 | 968,000 | 871,000 | 1,598,000 | 725,000 |
| Debtors (Due After 1 year) | 2,814,000 | 1,510,000 | 1,084,000 | 1,181,000 | 1,243,000 | 477,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 48,379,000 | 32,977,000 | 30,992,000 | 25,594,000 | 26,119,000 | 23,846,000 | 21,802,000 | 17,662,000 | 11,968,000 | 10,995,000 | 7,856,000 | 7,310,000 | 7,636,000 | 6,542,000 |
| Stock & work in progress | 51,118,000 | 37,539,000 | 41,599,000 | 37,800,000 | 25,599,000 | 23,800,000 | 21,441,000 | 21,202,000 | 21,900,000 | 16,149,000 | 16,127,000 | 11,440,000 | 10,092,000 | 9,342,000 |
| Trade Debtors | 44,591,000 | 33,862,000 | 25,636,000 | 26,487,000 | 33,345,000 | 28,587,000 | 26,456,000 | 24,434,000 | 19,217,000 | 18,812,000 | 15,835,000 | 16,347,000 | 15,050,000 | 14,258,000 |
| Group Debtors | 772,000 | 500,000 | 381,000 | 238,000 | 250,000 | 365,000 | 596,000 | 314,000 | 360,000 | 356,000 | 362,000 | 384,000 | 380,000 | 251,000 |
| Misc Debtors | 8,214,000 | 4,649,000 | 3,802,000 | 4,653,000 | 3,014,000 | 2,785,000 | 2,489,000 | 2,919,000 | 2,095,000 | 1,179,000 | 1,224,000 | 884,000 | 1,099,000 | 1,261,000 |
| Cash | 33,147,000 | 46,660,000 | 34,630,000 | 40,434,000 | 42,403,000 | 34,658,000 | 41,036,000 | 31,996,000 | 36,081,000 | 27,531,000 | 21,479,000 | 18,909,000 | 13,388,000 | 11,135,000 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 137,842,000 | 123,210,000 | 106,048,000 | 109,612,000 | 104,611,000 | 90,195,000 | 92,018,000 | 80,865,000 | 79,653,000 | 64,027,000 | 55,027,000 | 47,964,000 | 40,009,000 | 36,247,000 |
| total assets | 186,221,000 | 156,187,000 | 137,040,000 | 135,206,000 | 130,730,000 | 114,041,000 | 113,820,000 | 98,527,000 | 91,621,000 | 75,022,000 | 62,883,000 | 55,274,000 | 47,645,000 | 42,789,000 |
| 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 | 33,598,000 | 32,320,000 | 25,874,000 | 26,309,000 | 26,929,000 | 16,999,000 | 26,064,000 | 19,218,000 | 19,256,000 | 13,500,000 | 12,480,000 | 14,846,000 | 12,389,000 | 13,163,000 |
| Group/Directors Accounts | 33,000 | 26,000 | 80,000 | 8,000 | 12,000 | 0 | 0 | 5,000 | 11,000 | 196,000 | 243,000 | 89,000 | 195,000 | 111,000 |
| 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 | 5,000 | 24,000 | 43,000 |
| other current liabilities | 23,794,000 | 17,606,000 | 11,476,000 | 12,691,000 | 14,344,000 | 15,144,000 | 14,067,000 | 13,538,000 | 15,269,000 | 12,207,000 | 10,405,000 | 7,596,000 | 6,377,000 | 6,538,000 |
| total current liabilities | 57,425,000 | 49,952,000 | 37,430,000 | 39,008,000 | 41,285,000 | 32,143,000 | 40,131,000 | 32,761,000 | 34,536,000 | 25,903,000 | 23,128,000 | 22,536,000 | 18,985,000 | 19,855,000 |
| 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 | 5,000 | 29,000 |
| 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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 10,299,000 | 1,401,000 | 330,000 | 26,000 | 3,023,000 | 1,009,000 | 2,457,000 | 0 | 990,000 | 581,000 | 5,000 | 387,000 |
| total liabilities | 57,425,000 | 49,952,000 | 47,729,000 | 40,409,000 | 41,615,000 | 32,169,000 | 43,154,000 | 33,770,000 | 36,993,000 | 25,903,000 | 24,118,000 | 23,117,000 | 18,990,000 | 20,242,000 |
| net assets | 127,587,000 | 105,154,000 | 87,905,000 | 93,216,000 | 87,729,000 | 80,591,000 | 69,488,000 | 63,635,000 | 53,557,000 | 48,668,000 | 38,362,000 | 31,781,000 | 28,302,000 | 22,242,000 |
| total shareholders funds | 127,587,000 | 105,154,000 | 87,905,000 | 93,216,000 | 87,729,000 | 80,591,000 | 69,488,000 | 63,635,000 | 53,557,000 | 48,668,000 | 38,362,000 | 31,781,000 | 28,302,000 | 22,242,000 |
| 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 | 14,929,000 | 12,351,000 | 6,109,000 | 9,596,000 | 10,479,000 | 11,461,000 | 11,480,000 | 12,203,000 | 13,109,000 | 11,725,000 | 10,778,000 | 9,331,000 | 8,561,000 | 7,647,000 |
| Depreciation | 2,551,000 | 2,686,000 | 3,076,000 | 3,073,000 | 2,970,000 | 2,780,000 | 2,476,000 | 2,206,000 | 1,935,000 | 1,618,000 | 1,520,000 | 1,248,000 | 1,036,000 | 901,000 |
| Amortisation | 991,000 | 1,016,000 | 1,656,000 | 964,000 | 916,000 | 1,031,000 | 958,000 | 535,000 | 272,000 | 520,000 | 197,000 | 194,000 | 194,000 | 81,000 |
| Tax | -2,868,000 | -3,017,000 | -1,636,000 | -2,015,000 | -2,245,000 | -2,463,000 | -2,597,000 | -2,637,000 | -3,043,000 | -2,733,000 | -2,672,000 | -2,632,000 | -2,561,000 | -2,176,000 |
| Stock | 13,579,000 | -4,060,000 | 3,799,000 | 12,201,000 | 1,799,000 | 2,359,000 | 239,000 | -698,000 | 5,751,000 | 22,000 | 4,687,000 | 1,348,000 | 750,000 | 9,342,000 |
| Debtors | 15,870,000 | 9,618,000 | -1,656,000 | -5,293,000 | 5,638,000 | 2,673,000 | 1,874,000 | 5,995,000 | 1,325,000 | 2,926,000 | -194,000 | 1,086,000 | 759,000 | 15,770,000 |
| Creditors | 1,278,000 | 6,446,000 | -435,000 | -620,000 | 9,930,000 | -9,065,000 | 6,846,000 | -38,000 | 5,756,000 | 1,020,000 | -2,366,000 | 2,457,000 | -774,000 | 13,163,000 |
| Accruals and Deferred Income | 6,188,000 | 6,130,000 | -1,215,000 | -1,653,000 | -800,000 | 1,077,000 | 529,000 | -1,731,000 | 3,062,000 | 1,802,000 | 2,809,000 | 1,219,000 | -161,000 | 6,538,000 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | -6,380,000 | 20,054,000 | 5,412,000 | 2,437,000 | 13,813,000 | -211,000 | 17,579,000 | 5,241,000 | 14,015,000 | 11,004,000 | 5,773,000 | 9,383,000 | 4,786,000 | 1,042,000 |
| Investing Activities | ||||||||||||||
| capital expenditure | 0 | 0 | 0 | 0 | -6,497,000 | -5,175,000 | -7,520,000 | -8,195,000 | -4,195,000 | -3,682,000 | -2,008,000 | -1,645,000 | -1,412,000 | -1,817,000 |
| Change in Investments | 13,952,000 | 4,431,000 | 5,930,000 | -3,000 | 1,358,000 | 35,000 | 12,000 | 59,000 | -2,211,000 | 1,409,000 | 97,000 | -727,000 | 873,000 | 725,000 |
| cash flow from investments | -13,952,000 | -4,431,000 | -5,930,000 | 3,000 | -7,855,000 | -5,210,000 | -7,532,000 | -8,254,000 | -1,984,000 | -5,091,000 | -2,105,000 | -918,000 | -2,285,000 | -2,542,000 |
| Financing Activities | ||||||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 7,000 | -54,000 | 72,000 | -4,000 | 12,000 | 0 | -5,000 | -6,000 | -185,000 | -47,000 | 154,000 | -106,000 | 84,000 | 111,000 |
| 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 | -5,000 | -24,000 | -43,000 | 72,000 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||||||||||
| interest | 947,000 | 289,000 | 260,000 | 555,000 | 496,000 | 417,000 | 406,000 | 361,000 | 567,000 | 452,000 | 208,000 | 448,000 | 235,000 | -63,000 |
| cash flow from financing | 10,283,000 | 6,114,000 | -9,563,000 | -854,000 | 77,000 | 3,303,000 | -1,879,000 | 1,646,000 | -4,847,000 | 2,092,000 | -479,000 | -2,519,000 | 943,000 | 17,482,000 |
| cash and cash equivalents | ||||||||||||||
| cash | -13,513,000 | 12,030,000 | -5,804,000 | -1,969,000 | 7,745,000 | -6,378,000 | 9,040,000 | -4,085,000 | 8,550,000 | 6,052,000 | 2,570,000 | 5,521,000 | 2,253,000 | 11,135,000 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -13,513,000 | 12,030,000 | -5,804,000 | -1,969,000 | 7,745,000 | -6,378,000 | 9,040,000 | -4,085,000 | 8,550,000 | 6,052,000 | 2,570,000 | 5,521,000 | 2,253,000 | 11,135,000 |
P&L
December 2022turnover
285m
+16%
operating profit
14.9m
+21%
gross margin
12.9%
+3.99%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2022net assets
127.6m
+0.21%
total assets
186.2m
+0.19%
cash
33.1m
-0.29%
net assets
Total assets minus all liabilities
Similar Companies
hutchinson group limited company details
company number
04654686
Type
Private limited with Share Capital
industry
01610 - Support activities for crop production
incorporation date
February 2003
age
21
accounts
Group
ultimate parent company
previous names
arnosway limited (November 2003)
incorporated
UK
address
hutchinson group limited, weasenham lane, wisbech, cambridgeshire, PE13 2RN
last accounts submitted
December 2022
hutchinson group 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 1 charges/mortgages relating to hutchinson group limited. Currently there are 0 open charges and 1 have been satisfied in the past.
hutchinson group limited Companies House Filings - See Documents
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