hanson wade limited
hanson wade limited Company Information
Company Number
06752216
Next Accounts
Sep 2025
Shareholders
expert bidco limited
Group Structure
View All
Industry
Other business support service activities n.e.c.
Registered Address
eastcastle house, 27/28 eastcastle street, london, W1W 8DH
Website
http://hansonwade.comhanson wade limited Estimated Valuation
Pomanda estimates the enterprise value of HANSON WADE LIMITED at £136.4m based on a Turnover of £74.6m and 1.83x industry multiple (adjusted for size and gross margin).
hanson wade limited Estimated Valuation
Pomanda estimates the enterprise value of HANSON WADE LIMITED at £264.3m based on an EBITDA of £20.1m and a 13.16x industry multiple (adjusted for size and gross margin).
hanson wade limited Estimated Valuation
Pomanda estimates the enterprise value of HANSON WADE LIMITED at £39.7m based on Net Assets of £17.3m and 2.3x industry multiple (adjusted for liquidity).
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Hanson Wade Limited Overview
Hanson Wade Limited is a live company located in london, W1W 8DH with a Companies House number of 06752216. It operates in the other business support service activities n.e.c. sector, SIC Code 82990. Founded in November 2008, it's largest shareholder is expert bidco limited with a 100% stake. Hanson Wade Limited is a established, large sized company, Pomanda has estimated its turnover at £74.6m with rapid growth in recent years.
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Hanson Wade Limited Health Check
Pomanda's financial health check has awarded Hanson Wade Limited a 4 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 3 areas for improvement. Company Health Check FAQs
5 Strong
3 Regular
3 Weak
Size
annual sales of £74.6m, make it larger than the average company (£4.8m)
£74.6m - Hanson Wade Limited
£4.8m - Industry AVG
Growth
3 year (CAGR) sales growth of 49%, show it is growing at a faster rate (6.7%)
49% - Hanson Wade Limited
6.7% - Industry AVG
Production
with a gross margin of 73.6%, this company has a lower cost of product (38.2%)
73.6% - Hanson Wade Limited
38.2% - Industry AVG
Profitability
an operating margin of 26.1% make it more profitable than the average company (5.7%)
26.1% - Hanson Wade Limited
5.7% - Industry AVG
Employees
with 411 employees, this is above the industry average (27)
411 - Hanson Wade Limited
27 - Industry AVG
Pay Structure
on an average salary of £54.8k, the company has an equivalent pay structure (£53.9k)
£54.8k - Hanson Wade Limited
£53.9k - Industry AVG
Efficiency
resulting in sales per employee of £181.4k, this is equally as efficient (£171.6k)
£181.4k - Hanson Wade Limited
£171.6k - Industry AVG
Debtor Days
it gets paid by customers after 98 days, this is later than average (42 days)
98 days - Hanson Wade Limited
42 days - Industry AVG
Creditor Days
its suppliers are paid after 29 days, this is close to average (32 days)
29 days - Hanson Wade Limited
32 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Hanson Wade Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 6 weeks, this is less cash available to meet short term requirements (22 weeks)
6 weeks - Hanson Wade Limited
22 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 69.8%, this is a higher level of debt than the average (62.6%)
69.8% - Hanson Wade Limited
62.6% - Industry AVG
HANSON WADE LIMITED financials
Hanson Wade Limited's latest turnover from December 2023 is £74.6 million and the company has net assets of £17.3 million. According to their latest financial statements, Hanson Wade Limited has 411 employees and maintains cash reserves of £5.1 million 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 | 74,550,000 | 58,178,000 | 36,650,000 | 22,426,000 | 32,702,080 | 22,580,961 | 16,382,903 | 6,691,562 | 7,522,442 | ||||||
| Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||||||||
| Cost Of Sales | 19,703,000 | 17,645,000 | 7,772,000 | 5,439,000 | 11,460,329 | 7,905,268 | 5,543,668 | ||||||||
| Gross Profit | 54,847,000 | 40,533,000 | 28,878,000 | 16,987,000 | 21,241,751 | 14,675,693 | 10,839,235 | ||||||||
| Admin Expenses | 35,386,000 | 21,942,000 | 15,430,000 | 12,351,000 | 13,819,702 | 9,556,898 | |||||||||
| Operating Profit | 19,461,000 | 18,591,000 | 13,448,000 | 4,636,000 | 7,422,049 | 5,118,795 | 373,826 | 1,212,939 | |||||||
| Interest Payable | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 6,408 | 21,168 | 28,474 | |||||
| Interest Receivable | 0 | 0 | 0 | 0 | 46,610 | 0 | 0 | 0 | 369 | ||||||
| Pre-Tax Profit | 19,461,000 | 18,591,000 | 13,448,000 | 4,636,000 | 7,468,659 | 5,133,183 | 3,091,385 | 352,658 | 1,184,834 | ||||||
| Tax | -4,377,000 | -2,015,000 | -2,598,000 | -14,000 | 2,961,548 | -986,591 | -564,446 | -66,591 | -275,007 | ||||||
| Profit After Tax | 15,084,000 | 16,576,000 | 10,850,000 | 4,622,000 | 10,430,207 | 4,146,592 | 2,526,939 | 286,067 | 909,827 | ||||||
| Dividends Paid | 0 | 0 | 0 | 5,176,000 | 4,100,000 | 3,850,000 | 1,500,000 | 558,000 | 372,000 | ||||||
| Retained Profit | 15,084,000 | 16,576,000 | 10,850,000 | -554,000 | 6,330,207 | 296,592 | 1,026,939 | -271,933 | 537,827 | ||||||
| Employee Costs | 22,527,000 | 17,571,000 | 15,524,000 | 11,521,000 | 13,225,917 | 9,686,778 | 7,660,626 | 5,175,472 | 2,913,965 | 2,893,069 | |||||
| Number Of Employees | 411 | 315 | 222 | 211 | 181 | 139 | 106 | 80 | 73 | 72 | 72 | ||||
| EBITDA* | 20,077,000 | 19,103,000 | 13,723,000 | 4,855,000 | 7,592,823 | 5,231,749 | 398,033 | 1,223,854 |
* 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 | 414,000 | 268,000 | 299,000 | 275,000 | 451,392 | 274,153 | 327,488 | 22,413 | 29,053 | 50,202 | 7,713 | 16,025 | 26,496 | 33,825 | 20,954 |
| Intangible Assets | 947,000 | 579,000 | 611,000 | 289,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 205,000 | 61,000 | 61,000 | 543,000 | 705,564 | 60,617 | 60,617 | 0 | 60,617 | 60,617 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 1,566,000 | 908,000 | 971,000 | 1,107,000 | 1,156,956 | 334,770 | 388,105 | 22,413 | 89,670 | 110,819 | 7,713 | 16,025 | 26,496 | 33,825 | 20,954 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 20,179,000 | 17,469,000 | 8,941,000 | 4,926,000 | 7,088,566 | 4,412,959 | 2,589,025 | 1,857,786 | 842,270 | 957,106 | 491,762 | 1,030,226 | 714,369 | 683,360 | 335,837 |
| Group Debtors | 28,118,000 | 46,849,000 | 10,609,000 | 7,368,000 | 9,974,352 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 2,292,000 | 1,031,000 | 1,407,000 | 3,853,000 | 3,857,714 | 830,027 | 549,302 | 529,509 | 256,583 | 276,039 | 249,983 | 0 | 0 | 0 | 0 |
| Cash | 5,094,000 | 4,053,000 | 21,834,000 | 9,740,000 | 4,548,104 | 10,514,502 | 7,679,220 | 5,627,272 | 3,484,537 | 2,196,279 | 2,489,284 | 1,822,518 | 888,416 | 318,303 | 78,218 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 55,683,000 | 69,402,000 | 42,791,000 | 25,887,000 | 25,468,736 | 15,757,488 | 10,817,547 | 8,014,567 | 4,583,390 | 3,429,424 | 3,231,029 | 2,852,744 | 1,602,785 | 1,001,663 | 414,055 |
| total assets | 57,249,000 | 70,310,000 | 43,762,000 | 26,994,000 | 26,625,692 | 16,092,258 | 11,205,652 | 8,036,980 | 4,673,060 | 3,540,243 | 3,238,742 | 2,868,769 | 1,629,281 | 1,035,488 | 435,009 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 23,010 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 1,588,000 | 271,000 | 383,000 | 539,000 | 395,365 | 104,360 | 155,105 | 141,840 | 98,481 | 39,255 | 132,223 | 2,015,475 | 1,230,392 | 1,085,144 | 625,785 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 165,486 | 17,521 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 24,874 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 38,379,000 | 33,081,000 | 22,973,000 | 16,894,000 | 16,144,132 | 12,591,249 | 7,950,490 | 5,822,022 | 3,276,352 | 2,527,041 | 1,715,398 | 0 | 0 | 0 | 0 |
| total current liabilities | 39,967,000 | 33,352,000 | 23,356,000 | 17,433,000 | 16,539,497 | 12,695,609 | 8,105,595 | 5,963,862 | 3,374,833 | 2,589,306 | 1,847,621 | 2,015,475 | 1,230,392 | 1,275,504 | 643,306 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 69,029 | 237,280 | 0 | 0 | 0 | 212,496 |
| hp & lease commitments | 0 | 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 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 237,280 | 237,280 | 0 | 24,784 |
| provisions | 0 | 0 | 24,000 | 29,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 24,000 | 29,000 | 0 | 0 | 0 | 0 | 0 | 69,029 | 237,280 | 237,280 | 237,280 | 0 | 237,280 |
| total liabilities | 39,967,000 | 33,352,000 | 23,380,000 | 17,462,000 | 16,539,497 | 12,695,609 | 8,105,595 | 5,963,862 | 3,374,833 | 2,658,335 | 2,084,901 | 2,252,755 | 1,467,672 | 1,275,504 | 880,586 |
| net assets | 17,282,000 | 36,958,000 | 20,382,000 | 9,532,000 | 10,086,195 | 3,396,649 | 3,100,057 | 2,073,118 | 1,298,227 | 881,908 | 1,153,841 | 616,014 | 161,609 | -240,016 | -445,577 |
| total shareholders funds | 17,282,000 | 36,958,000 | 20,382,000 | 9,532,000 | 10,086,195 | 3,396,649 | 3,100,057 | 2,073,118 | 1,298,227 | 881,908 | 1,153,841 | 616,014 | 161,609 | -240,016 | -445,577 |
| 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 | 19,461,000 | 18,591,000 | 13,448,000 | 4,636,000 | 7,422,049 | 5,118,795 | 373,826 | 1,212,939 | |||||||
| Depreciation | 195,000 | 199,000 | 183,000 | 219,000 | 170,774 | 112,954 | 41,011 | 24,544 | 25,122 | 24,207 | 10,915 | 19,115 | 18,183 | 11,505 | 1,991 |
| Amortisation | 421,000 | 313,000 | 92,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | -4,377,000 | -2,015,000 | -2,598,000 | -14,000 | 2,961,548 | -986,591 | -564,446 | -66,591 | -275,007 | ||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | -14,616,000 | 44,392,000 | 4,328,000 | -4,936,196 | 16,322,593 | 2,104,659 | 811,649 | 1,227,825 | -134,292 | 552,017 | -288,481 | 315,857 | 31,009 | 347,523 | 335,837 |
| Creditors | 1,317,000 | -112,000 | -156,000 | 143,635 | 291,005 | -50,745 | 13,265 | 43,359 | 59,226 | -92,968 | -1,883,252 | 785,083 | 145,248 | 459,359 | 625,785 |
| Accruals and Deferred Income | 5,298,000 | 10,108,000 | 6,079,000 | 749,868 | 3,552,883 | 4,640,759 | 2,128,468 | 2,545,670 | 749,311 | 811,643 | 1,715,398 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | -24,000 | -5,000 | 29,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | 36,931,000 | -17,332,000 | 12,715,000 | 10,699,699 | -1,924,334 | 6,730,513 | 498,100 | 1,069,474 | |||||||
| Investing Activities | |||||||||||||||
| capital expenditure | -59,619 | -346,086 | -17,905 | -66,696 | -2,603 | ||||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | -59,619 | -346,086 | -17,905 | -66,696 | -2,603 | ||||||||||
| Financing Activities | |||||||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -165,486 | 147,965 | 17,521 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -24,874 | 24,874 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -69,029 | -168,251 | 237,280 | 0 | 0 | -212,496 | 212,496 |
| Hire Purchase and Lease Commitments | 0 | 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 | -237,280 | 0 | 237,280 | -24,784 | 24,784 |
| share issue | |||||||||||||||
| interest | 0 | 0 | 0 | 0 | 46,610 | 0 | 0 | -21,168 | -28,105 | ||||||
| cash flow from financing | -34,760,000 | 0 | 0 | -195 | 405,949 | 0 | 0 | -189,419 | -28,105 | ||||||
| cash and cash equivalents | |||||||||||||||
| cash | 1,041,000 | -17,781,000 | 12,094,000 | 5,191,896 | -5,966,398 | 2,835,282 | 2,051,948 | 2,142,735 | 1,288,258 | -293,005 | 666,766 | 934,102 | 570,113 | 240,085 | 78,218 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -23,010 | 23,010 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 1,041,000 | -17,781,000 | 12,094,000 | 5,191,896 | -5,966,398 | 2,835,282 | 2,051,948 | 2,142,735 | 1,311,268 | -316,015 | 666,766 | 934,102 | 570,113 | 240,085 | 78,218 |
hanson wade limited Credit Report and Business Information
Hanson Wade Limited Competitor Analysis
Perform a competitor analysis for hanson wade limited by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other large companies, companies in W1W area or any other competitors across 12 key performance metrics.
hanson wade limited Ownership
HANSON WADE LIMITED group structure
Hanson Wade Limited has no subsidiary companies.
Ultimate parent company
2 parents
HANSON WADE LIMITED
06752216
hanson wade limited directors
Hanson Wade Limited currently has 4 directors. The longest serving directors include Mr Philip Clark (Aug 2019) and Mr Darren Francis (Aug 2019).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Philip Clark | United Kingdom | 48 years | Aug 2019 | - | Director |
| Mr Darren Francis | United Kingdom | 57 years | Aug 2019 | - | Director |
| Mr Mark Pennington | United Kingdom | 45 years | Aug 2023 | - | Director |
| Mrs Hannah McCulloch | United Kingdom | 45 years | Jan 2024 | - | Director |
P&L
December 2023turnover
74.6m
+28%
operating profit
19.5m
+5%
gross margin
73.6%
+5.6%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
17.3m
-0.53%
total assets
57.2m
-0.19%
cash
5.1m
+0.26%
net assets
Total assets minus all liabilities
hanson wade limited company details
company number
06752216
Type
Private limited with Share Capital
industry
82990 - Other business support service activities n.e.c.
incorporation date
November 2008
age
17
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
December 2023
previous names
hanson read limited (January 2009)
accountant
-
auditor
PRICEWATERHOUSECOOPERS LLP
address
eastcastle house, 27/28 eastcastle street, london, W1W 8DH
Bank
-
Legal Advisor
-
hanson wade 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 5 charges/mortgages relating to hanson wade limited. Currently there are 1 open charges and 4 have been satisfied in the past.
hanson wade 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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hanson wade limited Companies House Filings - See Documents
| date | description | view/download |
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