honister partners limited
honister partners limited Company Information
Company Number
06923303
Website
honistercapital.comRegistered Address
11th floor, landmark st peter's square, manchester, M1 4PB
Industry
Other financial service activities, except insurance and pension funding, (not including security dealing on own account and factoring) n.e.c.
Telephone
01162796777
Next Accounts Due
July 2024
Group Structure
View All
Directors
Frank Gorrie15 Years
Shareholders
honister capital ltd 100%
honister partners limited Estimated Valuation
Pomanda estimates the enterprise value of HONISTER PARTNERS LIMITED at £128.5m based on a Turnover of £60.5m and 2.12x industry multiple (adjusted for size and gross margin).
honister partners limited Estimated Valuation
Pomanda estimates the enterprise value of HONISTER PARTNERS LIMITED at £30.2m based on an EBITDA of £3.5m and a 8.52x industry multiple (adjusted for size and gross margin).
honister partners limited Estimated Valuation
Pomanda estimates the enterprise value of HONISTER PARTNERS LIMITED at £5.5m based on Net Assets of £2.5m and 2.18x industry multiple (adjusted for liquidity).
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Honister Partners Limited Overview
Honister Partners Limited is a dissolved company that was located in manchester, M1 4PB with a Companies House number of 06923303. It operated in the financial intermediation not elsewhere classified sector, SIC Code 64999. Founded in June 2009, it's largest shareholder was honister capital ltd with a 100% stake. The last turnover for Honister Partners Limited was estimated at £60.5m.
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Honister Partners Limited Health Check
Pomanda's financial health check has awarded Honister Partners Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 5 areas for improvement. Company Health Check FAQs
5 Strong
0 Regular
5 Weak
Size
annual sales of £60.5m, make it larger than the average company (£2m)
£60.5m - Honister Partners Limited
£2m - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Honister Partners Limited
- - Industry AVG
Production
with a gross margin of 23.7%, this company has a higher cost of product (57.7%)
23.7% - Honister Partners Limited
57.7% - Industry AVG
Profitability
an operating margin of 5.8% make it less profitable than the average company (8.6%)
5.8% - Honister Partners Limited
8.6% - Industry AVG
Employees
with 45 employees, this is above the industry average (18)
45 - Honister Partners Limited
18 - Industry AVG
Pay Structure
on an average salary of £35.6k, the company has a lower pay structure (£54.9k)
£35.6k - Honister Partners Limited
£54.9k - Industry AVG
Efficiency
resulting in sales per employee of £1.3m, this is more efficient (£171.3k)
£1.3m - Honister Partners Limited
£171.3k - Industry AVG
Debtor Days
it gets paid by customers after 32 days, this is earlier than average (42 days)
32 days - Honister Partners Limited
42 days - Industry AVG
Creditor Days
its suppliers are paid after 21 days, this is quicker than average (45 days)
21 days - Honister Partners Limited
45 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Honister Partners Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 13 weeks, this is less cash available to meet short term requirements (33 weeks)
13 weeks - Honister Partners Limited
33 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 72.9%, this is a higher level of debt than the average (61.5%)
72.9% - Honister Partners Limited
61.5% - Industry AVG
HONISTER PARTNERS LIMITED financials
Honister Partners Limited's latest turnover from September 2010 is £60.5 million and the company has net assets of £2.5 million. According to their latest financial statements, Honister Partners Limited has 45 employees and maintains cash reserves of £1.1 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Sep 2010 | |
|---|---|
| Turnover | 60,505,844 |
| Other Income Or Grants | 0 |
| Cost Of Sales | 46,191,738 |
| Gross Profit | 14,314,106 |
| Admin Expenses | 10,787,549 |
| Operating Profit | 3,526,557 |
| Interest Payable | 0 |
| Interest Receivable | 7,860 |
| Pre-Tax Profit | 3,534,417 |
| Tax | -996,899 |
| Profit After Tax | 2,537,518 |
| Dividends Paid | 0 |
| Retained Profit | 2,537,518 |
| Employee Costs | 1,600,614 |
| Number Of Employees | 45 |
| EBITDA* | 3,540,396 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Sep 2010 | |
|---|---|
| Tangible Assets | 84,324 |
| Intangible Assets | 1,292,709 |
| Investments & Other | 0 |
| Debtors (Due After 1 year) | 0 |
| Total Fixed Assets | 1,377,033 |
| Stock & work in progress | 0 |
| Trade Debtors | 5,336,935 |
| Group Debtors | 564,171 |
| Misc Debtors | 999,499 |
| Cash | 1,099,803 |
| misc current assets | 0 |
| total current assets | 8,000,408 |
| total assets | 9,377,441 |
| Bank overdraft | 0 |
| Bank loan | 0 |
| Trade Creditors | 2,714,828 |
| Group/Directors Accounts | 182,382 |
| other short term finances | 0 |
| hp & lease commitments | 0 |
| other current liabilities | 1,284,580 |
| total current liabilities | 4,181,790 |
| loans | 0 |
| hp & lease commitments | 0 |
| Accruals and Deferred Income | 0 |
| other liabilities | 0 |
| provisions | 2,658,132 |
| total long term liabilities | 2,658,132 |
| total liabilities | 6,839,922 |
| net assets | 2,537,519 |
| total shareholders funds | 2,537,519 |
| Sep 2010 | |
|---|---|
| Operating Activities | |
| Operating Profit | 3,526,557 |
| Depreciation | 13,839 |
| Amortisation | 0 |
| Tax | -996,899 |
| Stock | 0 |
| Debtors | 6,900,605 |
| Creditors | 2,714,828 |
| Accruals and Deferred Income | 1,284,580 |
| Deferred Taxes & Provisions | 2,658,132 |
| Cash flow from operations | 2,300,432 |
| Investing Activities | |
| capital expenditure | |
| Change in Investments | 0 |
| cash flow from investments | |
| Financing Activities | |
| Bank loans | 0 |
| Group/Directors Accounts | 182,382 |
| Other Short Term Loans | 0 |
| Long term loans | 0 |
| Hire Purchase and Lease Commitments | 0 |
| other long term liabilities | 0 |
| share issue | |
| interest | 7,860 |
| cash flow from financing | 190,243 |
| cash and cash equivalents | |
| cash | 1,099,803 |
| overdraft | 0 |
| change in cash | 1,099,803 |
honister partners limited Credit Report and Business Information
Honister Partners Limited Competitor Analysis
Perform a competitor analysis for honister partners limited by selecting its closest rivals and benchmarking them against 12 key performance metrics.
honister partners limited Ownership
HONISTER PARTNERS LIMITED group structure
Honister Partners Limited has no subsidiary companies.
Ultimate parent company
SYCAMORE HOLDINGS
#0099004
2 parents
HONISTER PARTNERS LIMITED
06923303
honister partners limited directors
Honister Partners Limited currently has 1 director, Mr Frank Gorrie serving since Jun 2009.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Frank Gorrie | 58 years | Jun 2009 | - | Director |
P&L
September 2010turnover
60.5m
0%
operating profit
3.5m
0%
gross margin
23.7%
0%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
September 2010net assets
2.5m
0%
total assets
9.4m
0%
cash
1.1m
0%
net assets
Total assets minus all liabilities
Similar Companies
honister partners limited company details
company number
06923303
Type
Private limited with Share Capital
industry
64999 - Other financial service activities, except insurance and pension funding, (not including security dealing on own account and factoring) n.e.c.
incorporation date
June 2009
age
15
accounts
Full Accounts
ultimate parent company
previous names
vector partners limited (June 2009)
incorporated
UK
address
11th floor, landmark st peter's square, manchester, M1 4PB
last accounts submitted
September 2010
honister partners 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 honister partners limited.
honister partners limited Companies House Filings - See Documents
| date | description | view/download |
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