harrison ince holdings limited
harrison ince holdings limited Company Information
Company Number
08025777
Website
www.harrison-ince.co.ukRegistered Address
office no 4-5, sun house, 2-4 little peter street, manchester, M15 4PS
Industry
Activities of other holding companies (not including agricultural, production, construction, distribution and financial services holding companies) n.e.c.
Telephone
01612363650
Next Accounts Due
December 2024
Group Structure
View All
Shareholders
harrison ince group limited 100%
harrison ince holdings limited Estimated Valuation
Pomanda estimates the enterprise value of HARRISON INCE HOLDINGS LIMITED at £1.9m based on a Turnover of £1.6m and 1.23x industry multiple (adjusted for size and gross margin).
harrison ince holdings limited Estimated Valuation
Pomanda estimates the enterprise value of HARRISON INCE HOLDINGS LIMITED at £790.8k based on an EBITDA of £171.9k and a 4.6x industry multiple (adjusted for size and gross margin).
harrison ince holdings limited Estimated Valuation
Pomanda estimates the enterprise value of HARRISON INCE HOLDINGS LIMITED at £918.7k based on Net Assets of £1.8m and 0.51x industry multiple (adjusted for liquidity).
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Harrison Ince Holdings Limited Overview
Harrison Ince Holdings Limited is a live company located in manchester, M15 4PS with a Companies House number of 08025777. It operates in the activities of other holding companies n.e.c. sector, SIC Code 64209. Founded in April 2012, it's largest shareholder is harrison ince group limited with a 100% stake. Harrison Ince Holdings Limited is a established, small sized company, Pomanda has estimated its turnover at £1.6m with high growth in recent years.
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Harrison Ince Holdings Limited Health Check
Pomanda's financial health check has awarded Harrison Ince Holdings Limited a 5 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
2 Regular
3 Weak
Size
annual sales of £1.6m, make it smaller than the average company (£18.2m)
- Harrison Ince Holdings Limited
£18.2m - Industry AVG
Growth
3 year (CAGR) sales growth of 16%, show it is growing at a faster rate (7.2%)
- Harrison Ince Holdings Limited
7.2% - Industry AVG
Production
with a gross margin of 35.1%, this company has a comparable cost of product (35.1%)
- Harrison Ince Holdings Limited
35.1% - Industry AVG
Profitability
an operating margin of 10.4% make it more profitable than the average company (5%)
- Harrison Ince Holdings Limited
5% - Industry AVG
Employees
with 13 employees, this is below the industry average (106)
13 - Harrison Ince Holdings Limited
106 - Industry AVG
Pay Structure
on an average salary of £41.8k, the company has an equivalent pay structure (£41.8k)
- Harrison Ince Holdings Limited
£41.8k - Industry AVG
Efficiency
resulting in sales per employee of £119.7k, this is less efficient (£179.7k)
- Harrison Ince Holdings Limited
£179.7k - Industry AVG
Debtor Days
it gets paid by customers after 25 days, this is earlier than average (46 days)
- Harrison Ince Holdings Limited
46 days - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- Harrison Ince Holdings Limited
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Harrison Ince Holdings Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 129 weeks, this is more cash available to meet short term requirements (15 weeks)
129 weeks - Harrison Ince Holdings Limited
15 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 10.2%, this is a lower level of debt than the average (69.2%)
10.2% - Harrison Ince Holdings Limited
69.2% - Industry AVG
HARRISON INCE HOLDINGS LIMITED financials
Harrison Ince Holdings Limited's latest turnover from March 2023 is estimated at £1.6 million and the company has net assets of £1.8 million. According to their latest financial statements, Harrison Ince Holdings Limited has 13 employees and maintains cash reserves of £470.7 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Apr 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | |||||||||||
| Other Income Or Grants | |||||||||||
| Cost Of Sales | |||||||||||
| Gross Profit | |||||||||||
| Admin Expenses | |||||||||||
| Operating Profit | |||||||||||
| Interest Payable | |||||||||||
| Interest Receivable | |||||||||||
| Pre-Tax Profit | |||||||||||
| Tax | |||||||||||
| Profit After Tax | |||||||||||
| Dividends Paid | |||||||||||
| Retained Profit | |||||||||||
| Employee Costs | |||||||||||
| Number Of Employees | 13 | 10 | 9 | 11 | 10 | 10 | 13 | ||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Apr 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 24,584 | 29,573 | 6,041 | 7,200 | 8,715 | 12,961 | 28,239 | 30,055 | 39,274 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 618,750 | 776,250 | 1,181,250 | 1,350,000 | 1,485,000 |
| Investments & Other | 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 |
| Total Fixed Assets | 24,584 | 29,573 | 6,041 | 7,200 | 8,715 | 12,961 | 646,989 | 806,305 | 1,220,524 | 1,350,000 | 1,485,000 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 107,667 | 170,783 | 43,576 | 139,539 | 278,651 | 81,012 | 73,163 | 65,498 | 96,126 | 46,555 | 19,115 |
| Group Debtors | 1,387,152 | 1,387,152 | 1,332,448 | 1,248,086 | 797,330 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 2,965 | 99 | 2,643 | 1,067 | 235,339 | 946,944 | 898,369 | 641,470 | 113,360 | 0 | 0 |
| Cash | 470,701 | 303,015 | 382,742 | 243,110 | 56,574 | 40,596 | 61,211 | 194,645 | 297,346 | 99,727 | 104,162 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 1,968,485 | 1,861,049 | 1,761,409 | 1,631,802 | 1,367,894 | 1,068,552 | 1,032,743 | 901,613 | 506,832 | 146,282 | 123,277 |
| total assets | 1,993,069 | 1,890,622 | 1,767,450 | 1,639,002 | 1,376,609 | 1,081,513 | 1,679,732 | 1,707,918 | 1,727,356 | 1,496,282 | 1,608,277 |
| Bank overdraft | 42,000 | 42,000 | 7,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 0 | 1,774 | 1,375 | 1,051 | 77 | 3,151 | 11,666 | 10,185 | 191,097 | 1,000 | 750 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 16,910 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 147,469 | 139,199 | 89,762 | 152,462 | 151,873 | 63,800 | 134,796 | 155,637 | 0 | 0 | 0 |
| total current liabilities | 189,469 | 182,973 | 98,137 | 153,513 | 151,950 | 83,861 | 146,462 | 165,822 | 191,097 | 1,000 | 750 |
| loans | 12,500 | 54,671 | 203,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 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 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 1,530,634 | 1,530,634 | 1,530,634 | 1,604,340 | 1,624,104 |
| provisions | 345 | 855 | 0 | 0 | 0 | 0 | 1,128 | 0 | 58 | 0 | 0 |
| total long term liabilities | 12,845 | 55,526 | 203,000 | 0 | 0 | 0 | 1,531,762 | 1,530,634 | 1,530,692 | 1,604,340 | 1,624,104 |
| total liabilities | 202,314 | 238,499 | 301,137 | 153,513 | 151,950 | 83,861 | 1,678,224 | 1,696,456 | 1,721,789 | 1,605,340 | 1,624,854 |
| net assets | 1,790,755 | 1,652,123 | 1,466,313 | 1,485,489 | 1,224,659 | 997,652 | 1,508 | 11,462 | 5,567 | -109,058 | -16,577 |
| total shareholders funds | 1,790,755 | 1,652,123 | 1,466,313 | 1,485,489 | 1,224,659 | 997,652 | 1,508 | 11,462 | 5,567 | -109,058 | -16,577 |
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Apr 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||
| Operating Profit | |||||||||||
| Depreciation | 9,454 | 7,036 | 3,546 | 3,633 | 4,803 | 7,277 | 13,488 | 12,553 | 13,026 | 0 | 0 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 178,000 | 157,500 | 405,000 | 168,750 | 135,000 | 135,000 |
| Tax | |||||||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | -60,250 | 179,367 | -10,025 | 77,372 | 283,364 | 56,424 | 264,564 | 497,482 | 162,931 | 27,440 | 19,115 |
| Creditors | -1,774 | 399 | 324 | 974 | -3,074 | -8,515 | 1,481 | -180,912 | 190,097 | 250 | 750 |
| Accruals and Deferred Income | 8,270 | 49,437 | -62,700 | 589 | 88,073 | -70,996 | -20,841 | 155,637 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | -510 | 855 | 0 | 0 | 0 | -1,128 | 1,128 | -58 | 58 | 0 | 0 |
| Cash flow from operations | |||||||||||
| Investing Activities | |||||||||||
| capital expenditure | |||||||||||
| Change in Investments | 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 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | -16,910 | 16,910 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | -42,171 | -148,329 | 203,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | -1,530,634 | 0 | 0 | -73,706 | -19,764 | 1,624,104 |
| share issue | |||||||||||
| interest | |||||||||||
| cash flow from financing | |||||||||||
| cash and cash equivalents | |||||||||||
| cash | 167,686 | -79,727 | 139,632 | 186,536 | 15,978 | -20,615 | -133,434 | -102,701 | 197,619 | -4,435 | 104,162 |
| overdraft | 0 | 35,000 | 7,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 167,686 | -114,727 | 132,632 | 186,536 | 15,978 | -20,615 | -133,434 | -102,701 | 197,619 | -4,435 | 104,162 |
harrison ince holdings limited Credit Report and Business Information
Harrison Ince Holdings Limited Competitor Analysis
Perform a competitor analysis for harrison ince holdings limited by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other small companies, companies in M15 area or any other competitors across 12 key performance metrics.
harrison ince holdings limited Ownership
HARRISON INCE HOLDINGS LIMITED group structure
Harrison Ince Holdings Limited has no subsidiary companies.
Ultimate parent company
2 parents
HARRISON INCE HOLDINGS LIMITED
08025777
harrison ince holdings limited directors
Harrison Ince Holdings Limited currently has 4 directors. The longest serving directors include Ms Kay Brannon (Apr 2014) and Miss Luci Berry (Mar 2019).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Ms Kay Brannon | England | 50 years | Apr 2014 | - | Director |
| Miss Luci Berry | England | 37 years | Mar 2019 | - | Director |
| Miss Joanne Marsden | England | 39 years | Mar 2019 | - | Director |
| Mrs Helen Barlow | England | 56 years | Mar 2019 | - | Director |
P&L
March 2023turnover
1.6m
+46%
operating profit
162.5k
0%
gross margin
35.2%
+1.15%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2023net assets
1.8m
+0.08%
total assets
2m
+0.05%
cash
470.7k
+0.55%
net assets
Total assets minus all liabilities
harrison ince holdings limited company details
company number
08025777
Type
Private limited with Share Capital
industry
64209 - Activities of other holding companies (not including agricultural, production, construction, distribution and financial services holding companies) n.e.c.
incorporation date
April 2012
age
12
incorporated
UK
accounts
Total Exemption Full
ultimate parent company
previous names
N/A
last accounts submitted
March 2023
address
office no 4-5, sun house, 2-4 little peter street, manchester, M15 4PS
accountant
CHRISTIAN DOUGLASS ACOUNTANTS LIMITED
auditor
-
harrison ince holdings 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 harrison ince holdings limited. Currently there are 0 open charges and 1 have been satisfied in the past.
harrison ince holdings limited Companies House Filings - See Documents
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