howserv services limited
howserv services limited Company Information
Company Number
07157822
Next Accounts
94 days late
Industry
Activities of insurance agents and brokers
Shareholders
staysure holdings ltd
Group Structure
View All
Contact
Registered Address
britannia house britannia house, 3-5 rushmills, northampton, NN4 7YB
howserv services limited Estimated Valuation
Pomanda estimates the enterprise value of HOWSERV SERVICES LIMITED at £25.4m based on a Turnover of £16.2m and 1.57x industry multiple (adjusted for size and gross margin).
howserv services limited Estimated Valuation
Pomanda estimates the enterprise value of HOWSERV SERVICES LIMITED at £13.9m based on an EBITDA of £1.5m and a 9.36x industry multiple (adjusted for size and gross margin).
howserv services limited Estimated Valuation
Pomanda estimates the enterprise value of HOWSERV SERVICES LIMITED at £4.3m based on Net Assets of £2.4m and 1.83x industry multiple (adjusted for liquidity).
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Howserv Services Limited Overview
Howserv Services Limited is a live company located in northampton, NN4 7YB with a Companies House number of 07157822. It operates in the activities of insurance agents and brokers sector, SIC Code 66220. Founded in February 2010, it's largest shareholder is staysure holdings ltd with a 100% stake. Howserv Services Limited is a established, mid sized company, Pomanda has estimated its turnover at £16.2m with high growth in recent years.
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Howserv Services Limited Health Check
Pomanda's financial health check has awarded Howserv Services Limited a 2.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 3 areas for improvement. Company Health Check FAQs
3 Strong
3 Regular
3 Weak
Size
annual sales of £16.2m, make it larger than the average company (£3m)
£16.2m - Howserv Services Limited
£3m - Industry AVG
Growth
3 year (CAGR) sales growth of 20%, show it is growing at a faster rate (5.3%)
20% - Howserv Services Limited
5.3% - Industry AVG
Production
with a gross margin of 100%, this company has a comparable cost of product (94.4%)
100% - Howserv Services Limited
94.4% - Industry AVG
Profitability
an operating margin of 4.4% make it less profitable than the average company (17.7%)
4.4% - Howserv Services Limited
17.7% - Industry AVG
Employees
with 171 employees, this is above the industry average (23)
171 - Howserv Services Limited
23 - Industry AVG
Pay Structure
on an average salary of £54.5k, the company has an equivalent pay structure (£49.6k)
£54.5k - Howserv Services Limited
£49.6k - Industry AVG
Efficiency
resulting in sales per employee of £94.7k, this is less efficient (£115.9k)
£94.7k - Howserv Services Limited
£115.9k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- - Howserv Services Limited
- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- - Howserv Services Limited
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Howserv Services Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 14 weeks, this is less cash available to meet short term requirements (35 weeks)
14 weeks - Howserv Services Limited
35 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 60.9%, this is a similar level of debt than the average (62.7%)
60.9% - Howserv Services Limited
62.7% - Industry AVG
HOWSERV SERVICES LIMITED financials
Howserv Services Limited's latest turnover from December 2022 is £16.2 million and the company has net assets of £2.4 million. According to their latest financial statements, Howserv Services Limited has 171 employees and maintains cash reserves of £972.3 thousand 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 | Feb 2011 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 16,191,254 | 10,217,568 | 8,128,771 | 9,404,928 | 8,168,750 | 2,127,871 | 156,129 | 0 | |||||
| Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 | |||||||
| Cost Of Sales | 0 | 0 | 0 | 0 | 0 | 0 | |||||||
| Gross Profit | 16,191,254 | 10,217,568 | 8,128,771 | 9,404,928 | 8,168,750 | 2,127,871 | |||||||
| Admin Expenses | 15,476,521 | 9,917,415 | 8,042,516 | 8,818,335 | 7,788,462 | 2,009,877 | |||||||
| Operating Profit | 714,733 | 300,153 | 86,255 | 586,593 | 380,288 | 117,994 | -1,417,947 | -18,449 | |||||
| Interest Payable | 11,724 | 9,283 | 6,604 | 8,354 | 3,164 | 0 | 2,353 | 0 | |||||
| Interest Receivable | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||
| Pre-Tax Profit | 703,009 | 290,870 | 79,651 | 578,239 | 377,124 | 117,994 | -1,420,300 | -18,449 | |||||
| Tax | -109,691 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||
| Profit After Tax | 593,318 | 290,870 | 79,651 | 578,239 | 377,124 | 117,994 | -1,420,300 | -18,449 | |||||
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||
| Retained Profit | 593,318 | 290,870 | 79,651 | 578,239 | 377,124 | 117,994 | -1,420,300 | -18,449 | |||||
| Employee Costs | 9,327,367 | 6,298,189 | 4,678,566 | 4,251,362 | 616,622 | 0 | |||||||
| Number Of Employees | 171 | 126 | 111 | 100 | 91 | 30 | 30 | 31 | |||||
| EBITDA* | 1,484,358 | 946,740 | 713,389 | 1,024,918 | 589,202 | 329,375 | -1,287,282 | 22,612 |
* 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 | Feb 2011 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 1,252,330 | 1,455,647 | 1,437,549 | 1,485,500 | 1,600,070 | 52,768 | 182,385 | 316,982 | 13,840 | 46,616 | 109,327 | 155,389 | 120,994 |
| Intangible Assets | 107,758 | 149,308 | 81,576 | 101,108 | 7,349 | 11,831 | 51,309 | 90,314 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 60,260 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 1,420,348 | 1,604,955 | 1,519,125 | 1,586,608 | 1,607,419 | 64,599 | 233,694 | 407,296 | 13,840 | 46,616 | 109,327 | 155,389 | 120,994 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 0 | 0 | 0 | 0 | 22,428 | 4,319 | 592,196 | 406,126 | 33,036 | 28,515 | 138,032 | 69,367 | 161,515 |
| Group Debtors | 2,889,407 | 1,828,897 | 836,238 | 887,979 | 795,074 | 1,017,121 | 75,085 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 770,243 | 577,534 | 786,897 | 606,047 | 549,653 | 345,043 | 145,652 | 192,697 | 71,855 | 39,562 | 0 | 0 | 0 |
| Cash | 972,349 | 264,648 | 656,083 | 873,805 | 423,642 | 9,772 | 67,403 | 51,513 | 20,033 | 29,122 | 1,862 | 47,497 | 57,653 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 38,970 | 46,309 | 0 |
| total current assets | 4,631,999 | 2,671,079 | 2,279,218 | 2,367,831 | 1,790,797 | 1,376,255 | 880,336 | 650,336 | 124,924 | 97,199 | 178,864 | 163,173 | 219,168 |
| total assets | 6,052,347 | 4,276,034 | 3,798,343 | 3,954,439 | 3,398,216 | 1,440,854 | 1,114,030 | 1,057,632 | 138,764 | 143,815 | 288,191 | 318,562 | 340,162 |
| Bank overdraft | 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 |
| Trade Creditors | 281,907 | 214,984 | 206,203 | 79,910 | 53,157 | 99,611 | 665,919 | 484,655 | 5,908 | 5,709 | 41,110 | 780,884 | 591,551 |
| Group/Directors Accounts | 1,539,361 | 1,436,962 | 1,608,782 | 1,628,850 | 1,908,891 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 105,818 | 120,108 | 22,161 | 20,244 | 18,494 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 1,590,298 | 572,789 | 439,585 | 759,075 | 511,547 | 477,497 | 126,742 | 211,332 | 18,179 | 46,980 | 0 | 0 | 0 |
| total current liabilities | 3,517,384 | 2,344,843 | 2,276,731 | 2,488,079 | 2,492,089 | 577,108 | 792,661 | 695,987 | 24,087 | 52,689 | 41,110 | 780,884 | 591,551 |
| loans | 0 | 0 | 0 | 0 | 0 | 414,383 | 520,000 | 1,259,268 | 634,659 | 592,659 | 745,035 | 0 | 0 |
| hp & lease commitments | 57,034 | 155,944 | 37,235 | 61,634 | 79,640 | 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 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 109,364 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 166,398 | 155,944 | 37,235 | 61,634 | 79,640 | 414,383 | 520,000 | 1,259,268 | 634,659 | 592,659 | 745,035 | 0 | 0 |
| total liabilities | 3,683,782 | 2,500,787 | 2,313,966 | 2,549,713 | 2,571,729 | 991,491 | 1,312,661 | 1,955,255 | 658,746 | 645,348 | 786,145 | 780,884 | 591,551 |
| net assets | 2,368,565 | 1,775,247 | 1,484,377 | 1,404,726 | 826,487 | 449,363 | -198,631 | -897,623 | -519,982 | -501,533 | -497,954 | -462,322 | -251,389 |
| total shareholders funds | 2,368,565 | 1,775,247 | 1,484,377 | 1,404,726 | 826,487 | 449,363 | -198,631 | -897,623 | -519,982 | -501,533 | -497,954 | -462,322 | -251,389 |
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Feb 2011 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||
| Operating Profit | 714,733 | 300,153 | 86,255 | 586,593 | 380,288 | 117,994 | -1,417,947 | -18,449 | |||||
| Depreciation | 687,367 | 572,290 | 575,867 | 405,931 | 194,218 | 171,903 | 136,956 | 103,054 | 41,061 | 62,711 | 64,689 | 49,133 | 32,839 |
| Amortisation | 82,258 | 74,297 | 51,267 | 32,394 | 14,696 | 39,478 | 39,515 | 27,611 | 0 | 0 | 0 | 0 | 0 |
| Tax | -109,691 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 1,313,479 | 783,296 | 129,109 | 126,871 | 672 | 553,550 | 214,110 | 493,932 | 36,814 | -69,955 | 68,665 | 69,367 | 161,515 |
| Creditors | 66,923 | 8,781 | 126,293 | 26,753 | -46,454 | -566,308 | 181,264 | 478,747 | 199 | -35,401 | -739,774 | 780,884 | 591,551 |
| Accruals and Deferred Income | 1,017,509 | 133,204 | -319,490 | 247,528 | 34,050 | 350,755 | -84,590 | 193,153 | -28,801 | 46,980 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 109,364 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | 1,254,984 | 305,429 | 391,083 | 1,172,328 | 576,126 | -439,728 | -1,109,314 | -42,804 | |||||
| Investing Activities | |||||||||||||
| capital expenditure | |||||||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | |||||||||||||
| Financing Activities | |||||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 102,399 | -171,820 | -20,068 | -280,041 | 1,908,891 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | -414,383 | -105,617 | -739,268 | 624,609 | 42,000 | -152,376 | 745,035 | 0 | 0 |
| Hire Purchase and Lease Commitments | -113,200 | 216,656 | -22,482 | -16,256 | 98,134 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||||||||||
| interest | -11,724 | -9,283 | -6,604 | -8,354 | -3,164 | 0 | -2,353 | 0 | |||||
| cash flow from financing | -22,525 | 35,553 | -49,154 | -304,651 | 1,589,478 | 424,383 | 1,664,915 | 42,000 | |||||
| cash and cash equivalents | |||||||||||||
| cash | 707,701 | -391,435 | -217,722 | 450,163 | 413,870 | -57,631 | 15,890 | 31,480 | -9,089 | 27,260 | -45,635 | 47,497 | 57,653 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 707,701 | -391,435 | -217,722 | 450,163 | 413,870 | -57,631 | 15,890 | 31,480 | -9,089 | 27,260 | -45,635 | 47,497 | 57,653 |
howserv services limited Credit Report and Business Information
Howserv Services Limited Competitor Analysis
Perform a competitor analysis for howserv services limited by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other mid companies, companies in NN4 area or any other competitors across 12 key performance metrics.
howserv services limited Ownership
HOWSERV SERVICES LIMITED group structure
Howserv Services Limited has no subsidiary companies.
Ultimate parent company
STAYSURE HOLDINGS LTD
#0100355
1 parent
HOWSERV SERVICES LIMITED
07157822
howserv services limited directors
Howserv Services Limited currently has 4 directors. The longest serving directors include Miss Lindsey Howsam (Feb 2010) and Mr Jonathan Cattle (May 2015).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Miss Lindsey Howsam | England | 52 years | Feb 2010 | - | Director |
| Mr Jonathan Cattle | England | 59 years | May 2015 | - | Director |
| Mr Julian Kearney | 30 years | Jun 2019 | - | Director | |
| Mr Christopher Sugden | England | 44 years | Jun 2021 | - | Director |
P&L
December 2022turnover
16.2m
+58%
operating profit
714.7k
+138%
gross margin
100%
0%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2022net assets
2.4m
+0.33%
total assets
6.1m
+0.42%
cash
972.3k
+2.67%
net assets
Total assets minus all liabilities
howserv services limited company details
company number
07157822
Type
Private limited with Share Capital
industry
66220 - Activities of insurance agents and brokers
incorporation date
February 2010
age
14
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
December 2022
previous names
staysure services limited (October 2019)
staysure travel limited (July 2017)
accountant
-
auditor
GRANT THORNTON UK LLP
address
britannia house britannia house, 3-5 rushmills, northampton, NN4 7YB
Bank
LLOYDS TSB BANK PLC
Legal Advisor
-
howserv 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 found 1 charges/mortgages relating to howserv services limited. Currently there are 0 open charges and 1 have been satisfied in the past.
howserv services 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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howserv services limited Companies House Filings - See Documents
| date | description | view/download |
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