horsfield estimating services limited

2.5

horsfield estimating services limited Company Information

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Company Number

05269299

Website

-

Registered Address

5 the close, walton-le-dale, preston, lancashire, PR5 4NZ

Industry

Quantity surveying activities

 

Telephone

01772654402

Next Accounts Due

1326 days late

Group Structure

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Directors

Russel Horsfield19 Years

Shareholders

mr russell edward horsfield 100%

horsfield estimating services limited Estimated Valuation

£79.3k

Pomanda estimates the enterprise value of HORSFIELD ESTIMATING SERVICES LIMITED at £79.3k based on a Turnover of £200.1k and 0.4x industry multiple (adjusted for size and gross margin).

horsfield estimating services limited Estimated Valuation

£0

Pomanda estimates the enterprise value of HORSFIELD ESTIMATING SERVICES LIMITED at £0 based on an EBITDA of £-344 and a 2.68x industry multiple (adjusted for size and gross margin).

horsfield estimating services limited Estimated Valuation

£18.7k

Pomanda estimates the enterprise value of HORSFIELD ESTIMATING SERVICES LIMITED at £18.7k based on Net Assets of £6.2k and 3.02x industry multiple (adjusted for liquidity).

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Horsfield Estimating Services Limited Overview

Horsfield Estimating Services Limited is a live company located in preston, PR5 4NZ with a Companies House number of 05269299. It operates in the quantity surveying activities sector, SIC Code 74902. Founded in October 2004, it's largest shareholder is mr russell edward horsfield with a 100% stake. Horsfield Estimating Services Limited is a mature, micro sized company, Pomanda has estimated its turnover at £200.1k with healthy growth in recent years.

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Horsfield Estimating Services Limited Health Check

Pomanda's financial health check has awarded Horsfield Estimating Services Limited a 2.5 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 4 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating2.5out of 5
positive_score

2 Strong

positive_score

4 Regular

positive_score

4 Weak

size

Size

annual sales of £200.1k, make it larger than the average company (£100.3k)

£200.1k - Horsfield Estimating Services Limited

£100.3k - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 8%, show it is growing at a similar rate (7.7%)

8% - Horsfield Estimating Services Limited

7.7% - Industry AVG

production

Production

with a gross margin of 32.2%, this company has a higher cost of product (67.7%)

32.2% - Horsfield Estimating Services Limited

67.7% - Industry AVG

profitability

Profitability

an operating margin of -0.2% make it less profitable than the average company (23.5%)

-0.2% - Horsfield Estimating Services Limited

23.5% - Industry AVG

employees

Employees

with 2 employees, this is similar to the industry average (2)

2 - Horsfield Estimating Services Limited

2 - Industry AVG

paystructure

Pay Structure

on an average salary of £30.3k, the company has an equivalent pay structure (£30.3k)

£30.3k - Horsfield Estimating Services Limited

£30.3k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £100k, this is equally as efficient (£88.5k)

£100k - Horsfield Estimating Services Limited

£88.5k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 114 days, this is later than average (66 days)

114 days - Horsfield Estimating Services Limited

66 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 153 days, this is slower than average (25 days)

153 days - Horsfield Estimating Services Limited

25 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Horsfield Estimating Services Limited

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - Horsfield Estimating Services Limited

- - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 90.2%, this is a higher level of debt than the average (60.3%)

90.2% - Horsfield Estimating Services Limited

60.3% - Industry AVG

HORSFIELD ESTIMATING SERVICES LIMITED financials

EXPORTms excel logo

Horsfield Estimating Services Limited's latest turnover from October 2018 is estimated at £200.1 thousand and the company has net assets of £6.2 thousand. According to their latest financial statements, we estimate that Horsfield Estimating Services Limited has 2 employees and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Oct 2018Oct 2017Oct 2016Oct 2015Oct 2014Oct 2013Oct 2012Oct 2011Oct 2010Oct 2009
Turnover200,087144,598175,652160,614115,317108,412101,84717,92116,6280
Other Income Or Grants0000000000
Cost Of Sales135,66890,379118,980121,72594,41186,42070,68412,11611,4210
Gross Profit64,41954,21956,67238,88920,90621,99131,1635,8045,2070
Admin Expenses64,76355,83362,58731,66312,31621,09231,5815,4844,293-232
Operating Profit-344-1,614-5,9157,2268,590899-418320914232
Interest Payable0000000000
Interest Receivable012108104483513
Pre-Tax Profit-344-1,613-5,9137,2368,599909-374403965235
Tax000-1,447-1,806-2090-105-270-66
Profit After Tax-344-1,613-5,9135,7896,793700-374298695169
Dividends Paid0000000000
Retained Profit-344-1,613-5,9135,7896,793700-374298695169
Employee Costs60,56178,582104,243107,308101,04546,24781,21046,51445,9150
Number Of Employees2222212110
EBITDA*-344-1,614-5,4297,7129,5292,0527341,9743,9902,889

* Earnings Before Interest, Tax, Depreciation and Amortisation

Oct 2018Oct 2017Oct 2016Oct 2015Oct 2014Oct 2013Oct 2012Oct 2011Oct 2010Oct 2009
Tangible Assets9000665528385191,6721,2671,0212,839
Intangible Assets0000000000
Investments & Other0000000000
Debtors (Due After 1 year)0000000000
Total Fixed Assets9000665528385191,6721,2671,0212,839
Stock & work in progress0000000000
Trade Debtors62,50056,04450,79447,93632,95524,61222,3982,5733,31713,267
Group Debtors0000000000
Misc Debtors0000000000
Cash004401,4862,6127393,29814,18819,0701,271
misc current assets0000000000
total current assets62,50056,04451,23449,42235,56725,35125,69616,76122,38714,538
total assets63,40056,04451,30049,97436,40525,87027,36818,02823,40817,377
Bank overdraft0000000000
Bank loan0000000000
Trade Creditors 57,20049,50043,14235,90328,123026,57916,86522,54317,207
Group/Directors Accounts0000000000
other short term finances0000000000
hp & lease commitments0000000000
other current liabilities0000000000
total current liabilities57,20049,50043,14235,90328,123026,57916,86522,54317,207
loans0000000000
hp & lease commitments0000000000
Accruals and Deferred Income0000000000
other liabilities0000024,3810000
provisions0000000000
total long term liabilities0000024,3810000
total liabilities57,20049,50043,14235,90328,12324,38126,57916,86522,54317,207
net assets6,2006,5448,15814,0718,2821,4897891,163865170
total shareholders funds6,2006,5448,15814,0718,2821,4897891,163865170
Oct 2018Oct 2017Oct 2016Oct 2015Oct 2014Oct 2013Oct 2012Oct 2011Oct 2010Oct 2009
Operating Activities
Operating Profit-344-1,614-5,9157,2268,590899-418320914232
Depreciation004864869391,1531,1521,6543,0762,657
Amortisation0000000000
Tax000-1,447-1,806-2090-105-270-66
Stock0000000000
Debtors6,4565,2502,85814,9818,3432,21419,825-744-9,95013,267
Creditors7,7006,3587,2397,78028,123-26,5799,714-5,6785,33617,207
Accruals and Deferred Income0000000000
Deferred Taxes & Provisions0000000000
Cash flow from operations900-506-1,048-93627,503-26,950-9,377-3,06519,0066,763
Investing Activities
capital expenditure-900660-200-1,2580-1,557-1,900-1,258-5,496
Change in Investments0000000000
cash flow from investments-900660-200-1,2580-1,557-1,900-1,258-5,496
Financing Activities
Bank loans0000000000
Group/Directors Accounts0000000000
Other Short Term Loans 0000000000
Long term loans0000000000
Hire Purchase and Lease Commitments0000000000
other long term liabilities0000-24,38124,3810000
share issue0-100000001
interest012108104483513
cash flow from financing00210-24,37324,3914483514
cash and cash equivalents
cash0-440-1,046-1,1261,873-2,559-10,890-4,88217,7991,271
overdraft0000000000
change in cash0-440-1,046-1,1261,873-2,559-10,890-4,88217,7991,271

horsfield estimating services limited Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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Horsfield Estimating Services Limited Competitor Analysis

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horsfield estimating services limited Ownership

HORSFIELD ESTIMATING SERVICES LIMITED group structure

Horsfield Estimating Services Limited has no subsidiary companies.

Ultimate parent company

HORSFIELD ESTIMATING SERVICES LIMITED

05269299

HORSFIELD ESTIMATING SERVICES LIMITED Shareholders

mr russell edward horsfield 100%

horsfield estimating services limited directors

Horsfield Estimating Services Limited currently has 1 director, Mr Russel Horsfield serving since Oct 2004.

officercountryagestartendrole
Mr Russel Horsfield48 years Oct 2004- Director

P&L

October 2018

turnover

200.1k

+38%

operating profit

-344

0%

gross margin

32.2%

-14.14%

turnover

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

Balance Sheet

October 2018

net assets

6.2k

-0.05%

total assets

63.4k

+0.13%

cash

0

0%

net assets

Total assets minus all liabilities

horsfield estimating services limited company details

company number

05269299

Type

Private limited with Share Capital

industry

74902 - Quantity surveying activities

incorporation date

October 2004

age

20

accounts

Micro-Entity Accounts

ultimate parent company

None

previous names

N/A

incorporated

UK

address

5 the close, walton-le-dale, preston, lancashire, PR5 4NZ

last accounts submitted

October 2018

horsfield estimating services 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 horsfield estimating services limited.

charges

horsfield estimating services limited Companies House Filings - See Documents

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