Pomanda estimates the enterprise value of HEMMINGS COACHES LIMITED at £157.7k based on a Turnover of £586.5k and 0.27x industry multiple (adjusted for size and gross margin).
hemmings coaches limitedEstimated Valuation
£1m
Pomanda estimates the enterprise value of HEMMINGS COACHES LIMITED at £1m based on an EBITDA of £501.6k and a 2.05x industry multiple (adjusted for size and gross margin).
hemmings coaches limitedEstimated Valuation
£2.3m
Pomanda estimates the enterprise value of HEMMINGS COACHES LIMITED at £2.3m based on Net Assets of £1.2m and 1.86x industry multiple (adjusted for liquidity).
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Hemmings Coaches LimitedOverview
Hemmings Coaches Limited is a live company located in devon, EX39 2AT with a Companies House number of 05305671. It operates in the other passenger land transport sector, SIC Code 49390. Founded in December 2004, it's largest shareholder is
mr kenneth hemmings
with a 50% stake. Hemmings Coaches Limited is a mature,
small sized company, Pomanda has estimated its turnover at
£586.5k with
declining
growth in recent years.
Pomanda's financial health check has awarded Hemmings Coaches Limited a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 5 areas for improvement. Company Health Check FAQs
Health Rating4.5out of 5
4 Strong
2 Regular
5 Weak
Size
annual sales of £586.5k, make it smaller than the average company (£1.3m)
£586.5k - Hemmings Coaches Limited
£1.3m - Industry AVG
Growth
3 year (CAGR) sales growth of -25%, show it is growing at a slower rate (5.7%)
-25% - Hemmings Coaches Limited
5.7% - Industry AVG
Production
with a gross margin of 17.4%, this company has a higher cost of product (27.1%)
17.4% - Hemmings Coaches Limited
27.1% - Industry AVG
Profitability
an operating margin of 68.7% make it more profitable than the average company (7.7%)
68.7% - Hemmings Coaches Limited
7.7% - Industry AVG
Employees
with 13 employees, this is below the industry average (33)
13 - Hemmings Coaches Limited
33 - Industry AVG
Pay Structure
on an average salary of £27.1k, the company has an equivalent pay structure (£27.1k)
£27.1k - Hemmings Coaches Limited
£27.1k - Industry AVG
Efficiency
resulting in sales per employee of £45.1k, this is less efficient (£70.9k)
£45.1k - Hemmings Coaches Limited
£70.9k - Industry AVG
Debtor Days
it gets paid by customers after 22 days, this is near the average (22 days)
22 days - Hemmings Coaches Limited
22 days - Industry AVG
Creditor Days
its suppliers are paid after 138 days, this is slower than average (19 days)
138 days - Hemmings Coaches Limited
19 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Hemmings Coaches Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities
for 281 weeks, this is more cash available to meet short term requirements (48 weeks)
281 weeks - Hemmings Coaches Limited
48 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 14.6%, this is a lower level of debt than the average (39.9%)
14.6% - Hemmings Coaches Limited
39.9% - Industry AVG
HEMMINGS COACHES LIMITED financials
EXPORT
Hemmings Coaches Limited's latest turnover from December 2023 is estimated at £586.5 thousand and the company has net assets of £1.2 million. According to their latest financial statements, Hemmings Coaches Limited has 13 employees and maintains cash reserves of £992.6 thousand as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Dec 2023
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
586,475
477,679
1,500,393
1,410,127
2,211,716
1,655,379
1,379,763
1,055,394
1,327,915
1,035,593
1,037,094
1,542,339
1,833,465
1,191,105
Other Income Or Grants
Cost Of Sales
484,306
398,507
1,444,370
1,252,370
1,852,860
1,379,148
1,147,548
864,363
1,093,385
857,333
857,200
1,277,470
1,487,274
959,963
Gross Profit
102,169
79,172
56,024
157,757
358,856
276,230
232,215
191,031
234,530
178,260
179,894
264,868
346,191
231,143
Admin Expenses
-300,544
-33,452
126,742
325,975
204,927
243,093
179,818
207,416
83,888
-306,861
77,745
263,777
406,522
123,610
-302,887
Operating Profit
402,713
112,624
-70,718
-168,218
153,929
33,137
52,397
-16,385
150,642
485,121
102,149
1,091
-60,331
107,533
302,887
Interest Payable
260
254
Interest Receivable
42,794
21,111
1,250
539
4,051
3,305
2,036
813
1,389
1,406
1,272
1,092
954
1,205
798
Pre-Tax Profit
445,507
133,735
-69,729
-167,933
157,980
36,442
54,433
-15,572
152,030
486,527
103,421
2,183
-59,377
108,739
303,685
Tax
-111,377
-25,410
-30,016
-6,924
-10,342
-30,406
-102,171
-23,787
-524
-30,447
-85,032
Profit After Tax
334,130
108,325
-69,729
-167,933
127,964
29,518
44,091
-15,572
121,624
384,356
79,634
1,659
-59,377
78,292
218,653
Dividends Paid
Retained Profit
334,130
108,325
-69,729
-167,933
127,964
29,518
44,091
-15,572
121,624
384,356
79,634
1,659
-59,377
78,292
218,653
Employee Costs
352,722
367,508
406,253
397,800
442,191
430,605
367,742
330,413
378,711
267,378
265,801
405,922
495,126
320,616
Number Of Employees
13
15
18
17
20
20
18
16
18
13
13
21
26
17
EBITDA*
501,551
281,503
146,309
88,032
409,112
269,567
227,508
155,152
317,047
621,728
210,272
190,969
146,305
312,528
485,106
* Earnings Before Interest, Tax, Depreciation and Amortisation
Dec 2023
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
384,595
377,827
443,454
598,988
774,515
985,044
769,078
625,846
644,179
624,334
270,374
300,697
307,363
444,626
392,625
Intangible Assets
9,750
18,750
27,750
36,750
45,750
54,750
63,750
72,750
81,750
90,750
99,750
108,750
117,750
126,750
135,750
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
394,345
396,577
471,204
635,738
820,265
1,039,794
832,828
698,596
725,929
715,084
370,124
409,447
425,113
571,376
528,375
Stock & work in progress
Trade Debtors
35,930
19,963
238,787
185,039
326,887
158,852
116,947
82,542
169,473
54,986
60,210
93,620
111,545
83,783
53,117
Group Debtors
Misc Debtors
Cash
992,636
637,595
568,721
431,142
647,107
433,239
448,053
366,502
283,778
271,624
290,783
218,051
218,657
163,036
319,122
misc current assets
total current assets
1,028,566
657,558
807,508
616,181
973,994
592,091
565,000
449,044
453,251
326,610
350,993
311,671
330,202
246,819
372,239
total assets
1,422,911
1,054,135
1,278,712
1,251,919
1,794,259
1,631,885
1,397,828
1,147,640
1,179,180
1,041,694
721,117
721,118
755,315
818,195
900,614
Bank overdraft
Bank loan
Trade Creditors
183,512
152,450
441,981
252,699
575,499
450,150
351,810
277,482
269,592
217,319
301,069
353,827
441,719
347,034
474,360
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
total current liabilities
183,512
152,450
441,981
252,699
575,499
450,150
351,810
277,482
269,592
217,319
301,069
353,827
441,719
347,034
474,360
loans
8,333
hp & lease commitments
Accruals and Deferred Income
other liabilities
48,343
120,000
150,000
120,000
21,933
54,833
87,733
120,633
53,611
133,908
184,521
provisions
23,762
20,178
15,206
27,976
57,916
72,656
60,887
62,812
66,323
13,452
7,429
22,415
40,306
23,078
total long term liabilities
23,762
20,178
63,549
156,309
207,916
298,855
192,656
60,887
84,745
121,156
101,185
128,062
76,026
174,214
207,599
total liabilities
207,274
172,628
505,530
409,008
783,415
749,005
544,466
338,369
354,337
338,475
402,254
481,889
517,745
521,248
681,959
net assets
1,215,637
881,507
773,182
842,911
1,010,844
882,880
853,362
809,271
824,843
703,219
318,863
239,229
237,570
296,947
218,655
total shareholders funds
1,215,637
881,507
773,182
842,911
1,010,844
882,880
853,362
809,271
824,843
703,219
318,863
239,229
237,570
296,947
218,655
Dec 2023
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
402,713
112,624
-70,718
-168,218
153,929
33,137
52,397
-16,385
150,642
485,121
102,149
1,091
-60,331
107,533
302,887
Depreciation
89,838
159,879
208,027
247,250
246,183
236,430
166,111
162,537
157,405
127,607
99,123
180,878
197,636
195,995
173,219
Amortisation
9,000
9,000
9,000
9,000
9,000
9,000
9,000
9,000
9,000
9,000
9,000
9,000
9,000
9,000
Tax
-111,377
-25,410
-30,016
-6,924
-10,342
-30,406
-102,171
-23,787
-524
-30,447
-85,032
Stock
Debtors
15,967
-218,824
53,748
-141,848
168,035
41,905
34,405
-86,931
114,487
-5,224
-33,410
-17,925
27,762
30,666
53,117
Creditors
31,062
-289,531
189,282
-322,800
125,349
98,340
74,328
7,890
52,273
-83,750
-52,758
-87,892
94,685
-127,326
474,360
Accruals and Deferred Income
Deferred Taxes & Provisions
3,584
4,972
-12,770
-29,940
57,916
-72,656
11,769
-1,925
-3,511
52,871
6,023
-14,986
-17,891
17,228
23,078
Cash flow from operations
408,853
190,358
269,073
-122,860
394,326
246,422
268,858
248,048
220,916
493,902
173,160
105,492
195,337
141,317
844,395
Investing Activities
capital expenditure
-96,606
-94,252
-52,493
-71,723
-35,654
-443,396
-309,343
-144,204
-177,250
-481,567
-68,800
-174,212
-60,373
-247,996
-710,594
Change in Investments
cash flow from investments
-96,606
-94,252
-52,493
-71,723
-35,654
-443,396
-309,343
-144,204
-177,250
-481,567
-68,800
-174,212
-60,373
-247,996
-710,594
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
-8,333
8,333
Hire Purchase and Lease Commitments
other long term liabilities
-48,343
-71,657
-30,000
150,000
-120,000
120,000
-21,933
-32,900
-32,900
-32,900
67,022
-80,297
-50,613
184,521
share issue
2
interest
42,794
21,111
990
285
4,051
3,305
2,036
813
1,389
1,406
1,272
1,092
954
1,205
798
cash flow from financing
42,794
-27,232
-79,000
-21,382
154,051
-116,695
122,036
-21,120
-31,511
-31,494
-31,628
68,114
-79,343
-49,408
185,321
cash and cash equivalents
cash
355,041
68,874
137,579
-215,965
213,868
-14,814
81,551
82,724
12,154
-19,159
72,732
-606
55,621
-156,086
319,122
overdraft
change in cash
355,041
68,874
137,579
-215,965
213,868
-14,814
81,551
82,724
12,154
-19,159
72,732
-606
55,621
-156,086
319,122
hemmings coaches limited Credit Report and Business Information
Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
Get a comprehensive credit check for hemmings coaches limited. Get real-time insights into hemmings coaches limited's credit score, group structure and payment trends.
Perform a competitor analysis for hemmings coaches limited by selecting its closest rivals, whether from the TRANSPORTATION AND STORAGE sector, other small companies, companies in EX39 area or any other competitors across 12 key performance metrics.
hemmings coaches limited Ownership
HEMMINGS COACHES LIMITED group structure
Hemmings Coaches Limited has no subsidiary companies.
Ultimate parent company
HEMMINGS COACHES LIMITED
05305671
HEMMINGS COACHES LIMITED Shareholders
The largest shareholders in Hemmings Coaches Limited include Mr Kenneth Hemmings and Mrs Linda Ann Hemmings.
mr kenneth hemmings
50%
mrs linda ann hemmings
50%
hemmings coaches limited directors
Hemmings Coaches Limited currently has 2 directors.
The longest serving directors include
Mr Kenneth Hemmings (Dec 2004) and
Mrs Linda Hemmings (Dec 2004).
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 hemmings coaches limited. Currently there are 1 open charges and 0 have been satisfied in the past.
hemmings coaches 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.
Click to start generating capital raising & share issue transactions for HEMMINGS COACHES LIMITED. This can take several minutes, an email will notify you when this has completed.
hemmings coaches limitedCompanies House Filings - See Documents
