h g walter limited
h g walter limited Company Information
Company Number
07632944
Next Accounts
Jun 2025
Shareholders
h.g. walter 2014 family trust
mr peter heanen
Group Structure
View All
Industry
Processing and preserving of meat
+3Registered Address
unit 737 tudor estate, abbey road, london, NW10 7UN
Website
www.hgwalter.comh g walter limited Estimated Valuation
Pomanda estimates the enterprise value of H G WALTER LIMITED at £50.3m based on a Turnover of £42.9m and 1.17x industry multiple (adjusted for size and gross margin).
h g walter limited Estimated Valuation
Pomanda estimates the enterprise value of H G WALTER LIMITED at £62.3m based on an EBITDA of £5.5m and a 11.24x industry multiple (adjusted for size and gross margin).
h g walter limited Estimated Valuation
Pomanda estimates the enterprise value of H G WALTER LIMITED at £18.3m based on Net Assets of £7.7m and 2.36x industry multiple (adjusted for liquidity).
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H G Walter Limited Overview
H G Walter Limited is a live company located in london, NW10 7UN with a Companies House number of 07632944. It operates in the processing and preserving of meat sector, SIC Code 10110. Founded in May 2011, it's largest shareholder is h.g. walter 2014 family trust with a 80% stake. H G Walter Limited is a established, large sized company, Pomanda has estimated its turnover at £42.9m with rapid growth in recent years.
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H G Walter Limited Health Check
Pomanda's financial health check has awarded H G Walter Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 9 measures and has 1 areas for improvement. Company Health Check FAQs
9 Strong
2 Regular
1 Weak
Size
annual sales of £42.9m, make it larger than the average company (£22.2m)
£42.9m - H G Walter Limited
£22.2m - Industry AVG
Growth
3 year (CAGR) sales growth of 37%, show it is growing at a faster rate (6.6%)
37% - H G Walter Limited
6.6% - Industry AVG
Production
with a gross margin of 37.9%, this company has a lower cost of product (15.2%)
37.9% - H G Walter Limited
15.2% - Industry AVG
Profitability
an operating margin of 12% make it more profitable than the average company (3.5%)
12% - H G Walter Limited
3.5% - Industry AVG
Employees
with 161 employees, this is above the industry average (68)
161 - H G Walter Limited
68 - Industry AVG
Pay Structure
on an average salary of £46.3k, the company has a higher pay structure (£32.6k)
£46.3k - H G Walter Limited
£32.6k - Industry AVG
Efficiency
resulting in sales per employee of £266.2k, this is equally as efficient (£302.1k)
£266.2k - H G Walter Limited
£302.1k - Industry AVG
Debtor Days
it gets paid by customers after 34 days, this is near the average (32 days)
34 days - H G Walter Limited
32 days - Industry AVG
Creditor Days
its suppliers are paid after 44 days, this is slower than average (27 days)
44 days - H G Walter Limited
27 days - Industry AVG
Stock Days
it holds stock equivalent to 10 days, this is less than average (18 days)
10 days - H G Walter Limited
18 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 63 weeks, this is more cash available to meet short term requirements (13 weeks)
63 weeks - H G Walter Limited
13 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 43.9%, this is a lower level of debt than the average (56.4%)
43.9% - H G Walter Limited
56.4% - Industry AVG
H G WALTER LIMITED financials
H G Walter Limited's latest turnover from September 2023 is £42.9 million and the company has net assets of £7.7 million. According to their latest financial statements, H G Walter Limited has 161 employees and maintains cash reserves of £6.1 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Sep 2023 | Sep 2022 | Sep 2021 | Sep 2020 | Sep 2019 | Sep 2018 | Sep 2017 | Sep 2016 | Sep 2015 | Sep 2014 | Sep 2013 | Sep 2012 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 42,859,765 | 34,903,533 | 20,666,941 | 16,571,817 | 16,164,341 | 11,556,216 | ||||||
| Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 | ||||||
| Cost Of Sales | 26,602,827 | 22,329,489 | 12,939,941 | 9,883,426 | 9,949,092 | 7,211,772 | ||||||
| Gross Profit | 16,256,938 | 12,574,044 | 7,727,000 | 6,688,391 | 6,215,249 | 4,344,444 | ||||||
| Admin Expenses | 11,113,054 | 8,959,973 | 6,285,109 | 6,230,324 | 5,143,510 | 3,675,295 | ||||||
| Operating Profit | 5,143,884 | 3,614,071 | 1,441,891 | 458,067 | 1,071,739 | 669,149 | ||||||
| Interest Payable | 37,961 | 26,334 | 34,632 | 39,351 | 42,724 | 34,617 | ||||||
| Interest Receivable | 0 | 0 | 0 | 0 | 0 | 1,227 | ||||||
| Pre-Tax Profit | 5,105,923 | 3,587,737 | 1,407,259 | 418,716 | 1,029,015 | 635,759 | ||||||
| Tax | -1,178,251 | -696,651 | -383,474 | -116,649 | -155,233 | -156,331 | ||||||
| Profit After Tax | 3,927,672 | 2,891,086 | 1,023,785 | 302,067 | 873,782 | 479,428 | ||||||
| Dividends Paid | 1,365,762 | 1,119,008 | 457,614 | 330,835 | 0 | 0 | ||||||
| Retained Profit | 2,561,910 | 1,772,078 | 566,171 | -28,768 | 873,782 | 479,428 | ||||||
| Employee Costs | 7,454,234 | 5,729,634 | 3,900,315 | 3,932,544 | 3,138,191 | 2,272,752 | ||||||
| Number Of Employees | 161 | 138 | 112 | 100 | 78 | 58 | 46 | 37 | ||||
| EBITDA* | 5,545,579 | 3,948,849 | 1,831,766 | 813,679 | 1,439,073 | 895,206 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Sep 2023 | Sep 2022 | Sep 2021 | Sep 2020 | Sep 2019 | Sep 2018 | Sep 2017 | Sep 2016 | Sep 2015 | Sep 2014 | Sep 2013 | Sep 2012 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 2,439,780 | 2,262,704 | 2,373,062 | 2,702,104 | 2,540,670 | 2,442,270 | 2,516,806 | 974,648 | 235,860 | 247,498 | 20,612 | 21,973 |
| Intangible Assets | 0 | 0 | 0 | 60,833 | 133,833 | 206,833 | 279,833 | 352,833 | 425,833 | 498,833 | 571,833 | 644,833 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 2,439,780 | 2,262,704 | 2,373,062 | 2,762,937 | 2,674,503 | 2,649,103 | 2,796,639 | 1,327,481 | 661,693 | 746,331 | 592,445 | 666,806 |
| Stock & work in progress | 773,213 | 616,369 | 409,441 | 383,057 | 304,273 | 82,000 | 70,000 | 34,500 | 30,000 | 27,500 | 20,250 | 28,562 |
| Trade Debtors | 3,999,232 | 3,746,127 | 2,747,674 | 1,271,971 | 2,142,483 | 1,536,915 | 1,032,500 | 752,683 | 863,391 | 470,971 | 404,382 | 294,845 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 516,230 | 475,689 | 361,550 | 315,837 | 831,620 | 363,238 | 272,430 | 489,026 | 0 | 0 | 0 | 0 |
| Cash | 6,065,875 | 3,465,823 | 2,102,027 | 1,493,933 | 354,127 | 188,946 | 129,349 | 666,691 | 254,361 | 317,690 | 387,291 | 78,079 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 11,354,550 | 8,304,008 | 5,620,692 | 3,464,798 | 3,632,503 | 2,171,099 | 1,504,279 | 1,942,900 | 1,147,752 | 816,161 | 811,923 | 401,486 |
| total assets | 13,794,330 | 10,566,712 | 7,993,754 | 6,227,735 | 6,307,006 | 4,820,202 | 4,300,918 | 3,270,381 | 1,809,445 | 1,562,492 | 1,404,368 | 1,068,292 |
| Bank overdraft | 88,012 | 88,575 | 1,477 | 896 | 0 | 8,341 | 84,788 | 1,222 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 168,557 | 219,811 | 231,826 | 86,217 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 3,257,860 | 2,956,219 | 2,632,204 | 1,591,539 | 1,592,976 | 1,117,051 | 1,171,410 | 1,652,925 | 610,847 | 835,423 | 859,600 | 883,753 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 9,388 | 6,149 | 6,149 | 6,149 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 1,631,375 | 1,263,671 | 640,717 | 317,323 | 418,012 | 584,829 | 373,606 | 178,700 | 0 | 0 | 0 | 0 |
| total current liabilities | 4,986,635 | 4,314,614 | 3,449,104 | 2,135,718 | 2,242,814 | 1,796,438 | 1,629,804 | 1,832,847 | 610,847 | 835,423 | 859,600 | 883,753 |
| loans | 580,622 | 629,501 | 690,666 | 875,773 | 964,366 | 834,010 | 887,926 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 98,898 | 54,178 | 54,178 | 60,326 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 153,039 | 221,723 | 143,926 | 0 |
| provisions | 382,647 | 384,801 | 388,266 | 310,549 | 225,689 | 189,399 | 142,365 | 46,465 | 33,303 | 32,586 | 0 | 0 |
| total long term liabilities | 1,062,167 | 1,068,480 | 1,133,110 | 1,246,648 | 1,190,055 | 1,023,409 | 1,030,291 | 46,465 | 186,342 | 254,309 | 143,926 | 0 |
| total liabilities | 6,048,802 | 5,383,094 | 4,582,214 | 3,382,366 | 3,432,869 | 2,819,847 | 2,660,095 | 1,879,312 | 797,189 | 1,089,732 | 1,003,526 | 883,753 |
| net assets | 7,745,528 | 5,183,618 | 3,411,540 | 2,845,369 | 2,874,137 | 2,000,355 | 1,640,823 | 1,391,069 | 1,012,256 | 472,760 | 400,842 | 184,539 |
| total shareholders funds | 7,745,528 | 5,183,618 | 3,411,540 | 2,845,369 | 2,874,137 | 2,000,355 | 1,640,823 | 1,391,069 | 1,012,256 | 472,760 | 400,842 | 184,539 |
| Sep 2023 | Sep 2022 | Sep 2021 | Sep 2020 | Sep 2019 | Sep 2018 | Sep 2017 | Sep 2016 | Sep 2015 | Sep 2014 | Sep 2013 | Sep 2012 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||
| Operating Profit | 5,143,884 | 3,614,071 | 1,441,891 | 458,067 | 1,071,739 | 669,149 | ||||||
| Depreciation | 401,695 | 334,778 | 329,042 | 282,612 | 294,334 | 153,057 | 123,733 | 59,071 | 42,321 | 44,341 | 3,757 | 2,967 |
| Amortisation | 0 | 0 | 60,833 | 73,000 | 73,000 | 73,000 | 73,000 | 73,000 | 73,000 | 73,000 | 73,000 | 85,167 |
| Tax | -1,178,251 | -696,651 | -383,474 | -116,649 | -155,233 | -156,331 | ||||||
| Stock | 156,844 | 206,928 | 26,384 | 78,784 | 222,273 | 12,000 | 35,500 | 4,500 | 2,500 | 7,250 | -8,312 | 28,562 |
| Debtors | 293,646 | 1,112,592 | 1,521,416 | -1,386,295 | 1,073,950 | 595,223 | 63,221 | 378,318 | 392,420 | 66,589 | 109,537 | 294,845 |
| Creditors | 301,641 | 324,015 | 1,040,665 | -1,437 | 475,925 | -54,359 | -481,515 | 1,042,078 | -224,576 | -24,177 | -24,153 | 883,753 |
| Accruals and Deferred Income | 367,704 | 622,954 | 323,394 | -100,689 | -166,817 | 211,223 | 194,906 | 178,700 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | -2,154 | -3,465 | 77,717 | 84,860 | 36,290 | 47,034 | 95,900 | 13,162 | 717 | 32,586 | 0 | 0 |
| Cash flow from operations | 4,584,029 | 2,876,182 | 1,342,268 | 1,987,275 | 333,015 | 335,550 | ||||||
| Investing Activities | ||||||||||||
| capital expenditure | 0 | 0 | 0 | 0 | 0 | -184,902 | ||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | 0 | 0 | 0 | 0 | 0 | -184,902 | ||||||
| Financing Activities | ||||||||||||
| Bank loans | 0 | -168,557 | -51,254 | -12,015 | 145,609 | 86,217 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | -48,879 | -61,165 | -185,107 | -88,593 | 130,356 | -53,916 | 887,926 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 47,959 | 0 | -6,148 | 66,475 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -153,039 | -68,684 | 77,797 | 143,926 | 0 |
| share issue | ||||||||||||
| interest | -37,961 | -26,334 | -34,632 | -39,351 | -42,724 | -33,390 | ||||||
| cash flow from financing | -38,881 | -256,056 | -277,141 | -73,484 | 233,241 | -120,985 | ||||||
| cash and cash equivalents | ||||||||||||
| cash | 2,600,052 | 1,363,796 | 608,094 | 1,139,806 | 165,181 | 59,597 | -537,342 | 412,330 | -63,329 | -69,601 | 309,212 | 78,079 |
| overdraft | -563 | 87,098 | 581 | 896 | -8,341 | -76,447 | 83,566 | 1,222 | 0 | 0 | 0 | 0 |
| change in cash | 2,600,615 | 1,276,698 | 607,513 | 1,138,910 | 173,522 | 136,044 | -620,908 | 411,108 | -63,329 | -69,601 | 309,212 | 78,079 |
h g walter limited Credit Report and Business Information
H G Walter Limited Competitor Analysis
Perform a competitor analysis for h g walter limited by selecting its closest rivals, whether from the MANUFACTURING sector, other large companies, companies in NW10 area or any other competitors across 12 key performance metrics.
h g walter limited Ownership
H G WALTER LIMITED group structure
H G Walter Limited has no subsidiary companies.
Ultimate parent company
H G WALTER LIMITED
07632944
h g walter limited directors
H G Walter Limited currently has 5 directors. The longest serving directors include Mr Peter Heanen (May 2011) and Mr Daniel Heanen (Feb 2016).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Peter Heanen | United Kingdom | 76 years | May 2011 | - | Director |
| Mr Daniel Heanen | England | 49 years | Feb 2016 | - | Director |
| Mr Adam Heanen | England | 40 years | Feb 2016 | - | Director |
| Ms Clare Heanen | United Kingdom | 45 years | Feb 2016 | - | Director |
| Miss Louise Heanen | United Kingdom | 47 years | Apr 2020 | - | Director |
P&L
September 2023turnover
42.9m
+23%
operating profit
5.1m
+42%
gross margin
38%
+5.29%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
September 2023net assets
7.7m
+0.49%
total assets
13.8m
+0.31%
cash
6.1m
+0.75%
net assets
Total assets minus all liabilities
h g walter limited company details
company number
07632944
Type
Private limited with Share Capital
industry
10110 - Processing and preserving of meat
10130 - Production of meat and poultry meat products
46320 - Wholesale of meat and meat products
incorporation date
May 2011
age
14
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
September 2023
previous names
N/A
accountant
-
auditor
GLAZERS
address
unit 737 tudor estate, abbey road, london, NW10 7UN
Bank
-
Legal Advisor
-
h g walter 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 2 charges/mortgages relating to h g walter limited. Currently there are 2 open charges and 0 have been satisfied in the past.
h g walter 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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h g walter limited Companies House Filings - See Documents
| date | description | view/download |
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