hireright uk holding limited

Live EstablishedLargeHigh

hireright uk holding limited Company Information

Share HIRERIGHT UK HOLDING LIMITED

Company Number

07286646

Shareholders

hireright llc

Group Structure

View All

Industry

Other business support service activities n.e.c.

 

Registered Address

15 westferry circus, canary wharf, london, E14 4HD

hireright uk holding limited Estimated Valuation

£57.3m

Pomanda estimates the enterprise value of HIRERIGHT UK HOLDING LIMITED at £57.3m based on a Turnover of £54.8m and 1.05x industry multiple (adjusted for size and gross margin).

hireright uk holding limited Estimated Valuation

£15.2m

Pomanda estimates the enterprise value of HIRERIGHT UK HOLDING LIMITED at £15.2m based on an EBITDA of £2m and a 7.53x industry multiple (adjusted for size and gross margin).

hireright uk holding limited Estimated Valuation

£27.9m

Pomanda estimates the enterprise value of HIRERIGHT UK HOLDING LIMITED at £27.9m based on Net Assets of £12.2m and 2.3x industry multiple (adjusted for liquidity).

Edit your figures and get a professional valuation report.

Hireright Uk Holding Limited Overview

Hireright Uk Holding Limited is a live company located in london, E14 4HD with a Companies House number of 07286646. It operates in the other business support service activities n.e.c. sector, SIC Code 82990. Founded in June 2010, it's largest shareholder is hireright llc with a 100% stake. Hireright Uk Holding Limited is a established, large sized company, Pomanda has estimated its turnover at £54.8m with high growth in recent years.

View Sample
View Sample
View Sample

Upgrade for unlimited company reports & a free credit check

Hireright Uk Holding Limited Health Check

Pomanda's financial health check has awarded Hireright Uk Holding Limited a 4 rating. We use a traffic light system to show it exceeds the industry average on 6 measures and has 4 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating4out of 5
positive_score

6 Strong

positive_score

1 Regular

positive_score

4 Weak

size

Size

annual sales of £54.8m, make it larger than the average company (£4.8m)

£54.8m - Hireright Uk Holding Limited

£4.8m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 24%, show it is growing at a faster rate (6.7%)

24% - Hireright Uk Holding Limited

6.7% - Industry AVG

production

Production

with a gross margin of 25.7%, this company has a higher cost of product (38.2%)

25.7% - Hireright Uk Holding Limited

38.2% - Industry AVG

profitability

Profitability

an operating margin of 2.5% make it less profitable than the average company (5.7%)

2.5% - Hireright Uk Holding Limited

5.7% - Industry AVG

employees

Employees

with 845 employees, this is above the industry average (27)

845 - Hireright Uk Holding Limited

27 - Industry AVG

paystructure

Pay Structure

on an average salary of £25.9k, the company has a lower pay structure (£53.9k)

£25.9k - Hireright Uk Holding Limited

£53.9k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £64.8k, this is less efficient (£171.6k)

£64.8k - Hireright Uk Holding Limited

£171.6k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 70 days, this is later than average (42 days)

70 days - Hireright Uk Holding Limited

42 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 55 days, this is slower than average (32 days)

55 days - Hireright Uk Holding Limited

32 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Hireright Uk Holding Limited

- - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 32 weeks, this is more cash available to meet short term requirements (22 weeks)

32 weeks - Hireright Uk Holding Limited

22 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 66.8%, this is a similar level of debt than the average (62.6%)

66.8% - Hireright Uk Holding Limited

62.6% - Industry AVG

HIRERIGHT UK HOLDING LIMITED financials

EXPORTms excel logo

Hireright Uk Holding Limited's latest turnover from December 2023 is £54.8 million and the company has net assets of £12.2 million. According to their latest financial statements, Hireright Uk Holding Limited has 845 employees and maintains cash reserves of £14.3 million as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Sep 2018Sep 2017Sep 2016Sep 2015Sep 2014Sep 2013Sep 2012Jun 2011
Turnover54,790,33059,996,86647,040,21328,579,63341,126,98933,405,8813,569,5763,781,1504,645,3914,605,7965,021,3936,286,3540
Other Income Or Grants0000000000000
Cost Of Sales40,698,22145,300,76231,562,44815,922,57325,717,20117,475,3781,304,4261,842,4442,283,5672,946,3572,908,6553,833,5590
Gross Profit14,092,10914,696,10415,477,76512,657,06015,409,78815,930,5032,265,1501,938,7062,361,8241,659,4392,112,7382,452,7950
Admin Expenses12,698,51211,796,28518,069,71312,203,53114,502,7676,623,1272,856,8393,512,5722,875,9641,190,7842,122,9163,449,480616,625
Operating Profit1,393,5972,899,819-2,591,948453,529907,0219,307,376-591,689-1,573,866-514,140468,655-10,178-996,685-616,625
Interest Payable561,780168,02523,65820,1932,36749162,85523,21840,39759,23350,169
Interest Receivable211,98052,346155,663163,208157,126158,9747,483607029000
Pre-Tax Profit1,276,3993,016,339-2,414,170624,6111,002,9119,463,983-584,210-1,574,175-516,995445,466-50,575-1,055,918-666,793
Tax-344,158-723,070266,704-79,731185,950-990,114-32,231-27,120-10,562-137,069-33,095-66,9970
Profit After Tax932,2412,293,269-2,147,466544,8801,188,8618,473,869-616,441-1,601,295-527,557308,397-83,670-1,122,915-666,793
Dividends Paid0000000000000
Retained Profit932,2412,293,269-2,147,466544,8801,188,8618,473,869-616,441-1,601,295-527,557308,397-83,670-1,122,915-666,793
Employee Costs21,900,86921,255,74318,628,27615,249,22417,403,96615,614,8202,501,6411,872,4262,177,5782,315,4652,294,1133,337,4190
Number Of Employees8459047776616995936103434961301
EBITDA*2,024,8573,622,641-1,775,6641,478,2942,743,66410,813,312-60,183-1,021,900299,2611,091,629682,188-606,433-616,625

* Earnings Before Interest, Tax, Depreciation and Amortisation

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Sep 2018Sep 2017Sep 2016Sep 2015Sep 2014Sep 2013Sep 2012Jun 2011
Tangible Assets867,1201,329,5511,450,7371,733,7981,642,7121,739,72737,10774,068118,725422,396788,3701,195,7750
Intangible Assets00000492,174984,3481,476,5231,968,6972,460,8712,617,1172,773,3630
Investments & Other801,076568,474504,284474,144442,61200000003,703,197
Debtors (Due After 1 year)211,485183,902183,644183,699149,199150,3250000000
Total Fixed Assets1,879,6812,081,9272,138,6652,391,6412,234,5232,382,2261,021,4551,550,5912,087,4222,883,2673,405,4873,969,1383,703,197
Stock & work in progress0000000000000
Trade Debtors10,653,33512,876,44410,532,0725,088,6006,447,5788,608,4111,087,784778,5311,252,8311,309,816903,6761,025,6120
Group Debtors8,563,0913,880,8873,700,5779,606,4806,538,8064,775,5431,233,402000000
Misc Debtors1,232,3971,602,5572,113,8771,576,5611,612,0861,133,078223,194435,651292,379134,04064,87150,4410
Cash14,313,59611,626,1916,035,7431,893,1811,882,9212,541,855628,556387,681656,710955,3301,170,991832,1430
misc current assets0000000000000
total current assets34,762,41929,986,07922,382,26918,164,82216,481,39117,058,8873,172,9361,601,8632,201,9202,399,1862,139,5381,908,1960
total assets36,642,10032,068,00624,520,93420,556,46318,715,91419,441,1134,194,3913,152,4544,289,3425,282,4535,545,0255,877,3343,703,197
Bank overdraft0000000000000
Bank loan0000000000000
Trade Creditors 6,224,8002,182,6431,791,7931,534,560170,286562,90417,55955,07327,46449,8275,520,1795,709,0390
Group/Directors Accounts4,959,6465,760,5884,408,8873,212,6474,394,8024,751,8505,887,7554,371,5563,876,3654,129,876002,133,777
other short term finances6,786,4696,600,69900000000000
hp & lease commitments0000000000000
other current liabilities5,236,3725,506,1955,542,8094,720,3693,606,8194,491,183701,127521,434579,827769,50700616,624
total current liabilities23,207,28720,050,12511,743,4899,467,5768,171,9079,805,9376,606,4414,948,0634,483,6564,949,2105,520,1795,709,0392,750,401
loans0000000000000
hp & lease commitments0000000000000
Accruals and Deferred Income177,610315,142452,6740000000000
other liabilities0000000000000
provisions1,090,272468,0493,383,35000280,0300000059,7790
total long term liabilities1,267,882783,1913,836,02400280,0300000059,7790
total liabilities24,475,16920,833,31615,579,5139,467,5768,171,90710,085,9676,606,4414,948,0634,483,6564,949,2105,520,1795,768,8182,750,401
net assets12,166,93111,234,6908,941,42111,088,88710,544,0079,355,146-2,412,050-1,795,609-194,314333,24324,846108,516952,796
total shareholders funds12,166,93111,234,6908,941,42111,088,88710,544,0079,355,146-2,412,050-1,795,609-194,314333,24324,846108,516952,796
Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Sep 2018Sep 2017Sep 2016Sep 2015Sep 2014Sep 2013Sep 2012Jun 2011
Operating Activities
Operating Profit1,393,5972,899,819-2,591,948453,529907,0219,307,376-591,689-1,573,866-514,140468,655-10,178-996,685-616,625
Depreciation631,260722,822816,2841,024,7651,344,4691,013,76239,33159,792321,227466,728536,120194,9450
Amortisation0000492,174492,174492,175492,174492,174156,246156,246195,3070
Tax-344,158-723,070266,704-79,731185,950-990,114-32,231-27,120-10,562-137,069-33,095-66,9970
Stock0000000000000
Debtors2,116,5182,013,62074,8301,707,67180,31212,122,9771,330,198-331,028101,354475,309-107,5061,076,0530
Creditors4,042,157390,850257,2331,364,274-392,618545,345-37,51427,609-22,363-5,470,352-188,8605,709,0390
Accruals and Deferred Income-407,355-174,1461,275,1141,113,550-884,3643,790,056179,693-58,393-189,680769,5070-616,624616,624
Deferred Taxes & Provisions622,223-2,915,3013,383,3500-280,030280,0300000-59,77959,7790
Cash flow from operations3,821,206-1,812,6463,331,9072,168,7161,292,2902,315,652-1,280,433-748,776-24,698-4,221,594507,9603,402,711-1
Investing Activities
capital expenditure00000-1,013,132-2,370-15,135-17,942-100,754-128,715-4,359,3900
Change in Investments232,60264,19030,14031,532442,612000000-3,703,1973,703,197
cash flow from investments-232,602-64,190-30,140-31,532-442,612-1,013,132-2,370-15,135-17,942-100,754-128,715-656,193-3,703,197
Financing Activities
Bank loans0000000000000
Group/Directors Accounts-800,9421,351,7011,196,240-1,182,155-357,048-1,135,9051,516,199495,191-253,5114,129,8760-2,133,7772,133,777
Other Short Term Loans 185,7706,600,69900000000000
Long term loans0000000000000
Hire Purchase and Lease Commitments0000000000000
other long term liabilities0000000000000
share issue000003,293,32700000278,6351,619,589
interest-349,80052,330147,638139,550136,933156,6077,479-309-2,855-23,189-40,397-59,233-50,169
cash flow from financing-964,9728,004,7301,343,878-1,042,605-220,1152,314,0291,523,678494,882-256,3664,106,687-40,397-1,914,3753,703,197
cash and cash equivalents
cash2,687,4055,590,4484,142,56210,260-658,9341,913,299240,875-269,029-298,620-215,661338,848832,1430
overdraft0000000000000
change in cash2,687,4055,590,4484,142,56210,260-658,9341,913,299240,875-269,029-298,620-215,661338,848832,1430

hireright uk holding 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 hireright uk holding limited. Get real-time insights into hireright uk holding limited's credit score, group structure and payment trends.

From as little as £6.99

This will not impact your credit rating!

View Credit Report Sample

Hireright Uk Holding Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for hireright uk holding limited by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other large companies, companies in E14 area or any other competitors across 12 key performance metrics.

hireright uk holding limited Ownership

HIRERIGHT UK HOLDING LIMITED group structure

Hireright Uk Holding Limited has 2 subsidiary companies.

Ultimate parent company

HIRERIGHT GIS GROUP HOLDINGS LLC

#0131563

HIRERIGHT LLC

#0111781

2 parents

HIRERIGHT UK HOLDING LIMITED

07286646

2 subsidiaries

HIRERIGHT UK HOLDING LIMITED Shareholders

hireright llc 100%

hireright uk holding limited directors

Hireright Uk Holding Limited currently has 3 directors. The longest serving directors include Mr Peter Cleverton (Jan 2024) and Ms Caroline Smith (Jan 2024).

officercountryagestartendrole
Mr Peter ClevertonEngland44 years Jan 2024- Director
Ms Caroline SmithEngland49 years Jan 2024- Director
Mr Ranojoy HazraEngland42 years Dec 2024- Director

P&L

December 2023

turnover

54.8m

-9%

operating profit

1.4m

-52%

gross margin

25.8%

+5%

turnover

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

Balance Sheet

December 2023

net assets

12.2m

+0.08%

total assets

36.6m

+0.14%

cash

14.3m

+0.23%

net assets

Total assets minus all liabilities

hireright uk holding limited company details

company number

07286646

Type

Private limited with Share Capital

industry

82990 - Other business support service activities n.e.c.

incorporation date

June 2010

age

15

incorporated

UK

ultimate parent company

HIRERIGHT GIS GROUP HOLDINGS LLC

accounts

Group

last accounts submitted

December 2023

previous names

N/A

accountant

-

auditor

PRICEWATERHOUSECOOPERS LLP

address

15 westferry circus, canary wharf, london, E14 4HD

Bank

-

Legal Advisor

-

hireright uk holding 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 hireright uk holding limited.

hireright uk holding 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 HIRERIGHT UK HOLDING LIMITED. This can take several minutes, an email will notify you when this has completed.

hireright uk holding limited Companies House Filings - See Documents

datedescriptionview/download