Pomanda estimates the enterprise value of HERTFORDSHIRE COURIERS LTD at £376.3k based on a Turnover of £1m and 0.36x industry multiple (adjusted for size and gross margin).
hertfordshire couriers ltdEstimated Valuation
£49k
Pomanda estimates the enterprise value of HERTFORDSHIRE COURIERS LTD at £49k based on an EBITDA of £17.5k and a 2.8x industry multiple (adjusted for size and gross margin).
hertfordshire couriers ltdEstimated Valuation
£7.7k
Pomanda estimates the enterprise value of HERTFORDSHIRE COURIERS LTD at £7.7k based on Net Assets of £2.9k and 2.66x industry multiple (adjusted for liquidity).
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Hertfordshire Couriers LtdOverview
Hertfordshire Couriers Ltd is a live company located in letchworth garden city, SG6 1EX with a Companies House number of 08131336. It operates in the other postal and courier activities sector, SIC Code 53202. Founded in July 2012, it's largest shareholder is
richard mountney
with a 60% stake. Hertfordshire Couriers Ltd is a established,
small sized company, Pomanda has estimated its turnover at
£1m with
healthy
growth in recent years.
Pomanda's financial health check has awarded Hertfordshire Couriers Ltd a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 4 areas for improvement. Company Health Check FAQs
Health Rating3.5out of 5
5 Strong
2 Regular
4 Weak
Size
annual sales of £1m, make it larger than the average company (£238k)
£1m - Hertfordshire Couriers Ltd
£238k - Industry AVG
Growth
3 year (CAGR) sales growth of 6%, show it is growing at a faster rate (4.1%)
6% - Hertfordshire Couriers Ltd
4.1% - Industry AVG
Production
with a gross margin of 32.3%, this company has a comparable cost of product (32.3%)
32.3% - Hertfordshire Couriers Ltd
32.3% - Industry AVG
Profitability
an operating margin of 0.1% make it less profitable than the average company (4.1%)
0.1% - Hertfordshire Couriers Ltd
4.1% - Industry AVG
Employees
with 4 employees, this is above the industry average (3)
4 - Hertfordshire Couriers Ltd
3 - Industry AVG
Pay Structure
on an average salary of £30k, the company has an equivalent pay structure (£30k)
£30k - Hertfordshire Couriers Ltd
£30k - Industry AVG
Efficiency
resulting in sales per employee of £258.8k, this is more efficient (£120.8k)
£258.8k - Hertfordshire Couriers Ltd
£120.8k - Industry AVG
Debtor Days
it gets paid by customers after 57 days, this is later than average (46 days)
57 days - Hertfordshire Couriers Ltd
46 days - Industry AVG
Creditor Days
its suppliers are paid after 50 days, this is slower than average (22 days)
50 days - Hertfordshire Couriers Ltd
22 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Hertfordshire Couriers Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities
for 6 weeks, this is less cash available to meet short term requirements (26 weeks)
6 weeks - Hertfordshire Couriers Ltd
26 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 99%, this is a higher level of debt than the average (60.9%)
99% - Hertfordshire Couriers Ltd
60.9% - Industry AVG
HERTFORDSHIRE COURIERS LTD financials
EXPORT
Hertfordshire Couriers Ltd's latest turnover from July 2023 is estimated at £1 million and the company has net assets of £2.9 thousand. According to their latest financial statements, Hertfordshire Couriers Ltd has 4 employees and maintains cash reserves of £26.3 thousand as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Jul 2023
Jul 2022
Jul 2021
Jul 2020
Jul 2019
Jul 2018
Jul 2017
Jul 2016
Jul 2015
Jul 2014
Jul 2013
Turnover
1,035,226
1,279,784
978,524
869,708
659,208
789,357
829,756
705,793
993,002
860,474
280,726
Other Income Or Grants
Cost Of Sales
701,275
880,712
676,402
512,201
381,557
510,102
549,715
451,898
693,124
613,737
187,694
Gross Profit
333,951
399,072
302,121
357,507
277,652
279,255
280,040
253,895
299,878
246,736
93,031
Admin Expenses
332,534
448,174
294,907
359,448
249,118
263,032
259,581
278,390
270,883
235,947
96,490
Operating Profit
1,417
-49,102
7,214
-1,941
28,534
16,223
20,459
-24,495
28,995
10,789
-3,459
Interest Payable
5,121
3,233
3,021
1,525
Interest Receivable
1,533
277
47
52
167
92
32
66
75
56
9
Pre-Tax Profit
-2,171
-52,058
4,240
-3,414
28,701
16,315
20,491
-24,429
29,070
10,846
-3,450
Tax
-806
-5,453
-3,100
-3,893
-5,814
-2,278
Profit After Tax
-2,171
-52,058
3,434
-3,414
23,248
13,215
16,598
-24,429
23,256
8,568
-3,450
Dividends Paid
Retained Profit
-2,171
-52,058
3,434
-3,414
23,248
13,215
16,598
-24,429
23,256
8,568
-3,450
Employee Costs
120,088
123,950
88,167
86,451
81,693
62,716
66,462
170,810
134,717
114,516
59,726
Number Of Employees
4
4
3
3
3
2
2
5
4
4
2
EBITDA*
17,502
-24,335
33,394
18,321
48,612
28,381
31,335
-13,871
36,688
12,370
-1,858
* Earnings Before Interest, Tax, Depreciation and Amortisation
Jul 2023
Jul 2022
Jul 2021
Jul 2020
Jul 2019
Jul 2018
Jul 2017
Jul 2016
Jul 2015
Jul 2014
Jul 2013
Tangible Assets
69,784
79,578
85,487
76,598
76,500
54,526
34,079
33,547
23,738
5,102
5,033
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
69,784
79,578
85,487
76,598
76,500
54,526
34,079
33,547
23,738
5,102
5,033
Stock & work in progress
Trade Debtors
161,680
240,821
219,939
144,487
145,401
182,045
164,066
125,288
113,153
79,729
23,363
Group Debtors
Misc Debtors
16,834
16,834
9,334
9,334
9,334
9,334
Cash
26,270
35,068
9,297
85,462
18,437
26,211
10,547
15,198
11,272
18,686
3,758
misc current assets
1,812
1,812
total current assets
206,596
294,535
238,570
239,283
173,172
217,590
174,613
140,486
124,425
98,415
27,121
total assets
276,380
374,113
324,057
315,881
249,672
272,116
208,692
174,033
148,163
103,517
32,154
Bank overdraft
Bank loan
Trade Creditors
97,679
131,664
52,865
28,362
13,240
35,902
18,810
3,309
117,540
97,378
35,603
Group/Directors Accounts
22,381
17,800
2
20,276
648
23
20,683
47,872
other short term finances
hp & lease commitments
6,106
6,106
6,106
6,106
6,106
6,106
other current liabilities
86,839
155,550
127,911
121,399
130,751
154,109
143,677
112,649
total current liabilities
213,005
311,120
186,884
176,143
150,745
196,140
183,170
163,830
117,540
97,378
35,603
loans
52,994
40,118
49,064
50,000
hp & lease commitments
1,850
5,944
17,526
25,178
31,292
36,129
Accruals and Deferred Income
other liabilities
provisions
5,634
11,863
13,457
10,868
10,529
5,989
4,879
6,158
2,248
1,020
total long term liabilities
60,478
57,925
80,047
86,046
41,821
42,118
4,879
6,158
2,248
1,020
total liabilities
273,483
369,045
266,931
262,189
192,566
238,258
188,049
169,988
119,788
98,398
35,603
net assets
2,897
5,068
57,126
53,692
57,106
33,858
20,643
4,045
28,375
5,119
-3,449
total shareholders funds
2,897
5,068
57,126
53,692
57,106
33,858
20,643
4,045
28,375
5,119
-3,449
Jul 2023
Jul 2022
Jul 2021
Jul 2020
Jul 2019
Jul 2018
Jul 2017
Jul 2016
Jul 2015
Jul 2014
Jul 2013
Operating Activities
Operating Profit
1,417
-49,102
7,214
-1,941
28,534
16,223
20,459
-24,495
28,995
10,789
-3,459
Depreciation
16,085
24,767
26,180
20,262
20,078
12,158
10,876
10,624
7,693
1,581
1,601
Amortisation
Tax
-806
-5,453
-3,100
-3,893
-5,814
-2,278
Stock
Debtors
-79,141
28,382
75,452
-914
-36,644
27,313
38,778
12,135
33,424
56,366
23,363
Creditors
-33,985
78,799
24,503
15,122
-22,662
17,092
15,501
-114,231
20,162
61,775
35,603
Accruals and Deferred Income
-68,711
27,639
6,512
-9,352
-23,358
10,432
31,028
112,649
Deferred Taxes & Provisions
-6,229
-1,594
2,589
339
4,540
1,110
-1,279
3,910
1,228
1,020
Cash flow from operations
-12,282
52,127
-9,260
25,344
38,323
26,602
33,914
-23,678
18,840
16,521
10,382
Investing Activities
capital expenditure
-6,291
-18,858
-35,069
-20,360
-42,052
-32,605
-11,408
-20,433
-26,329
-1,650
-6,634
Change in Investments
cash flow from investments
-6,291
-18,858
-35,069
-20,360
-42,052
-32,605
-11,408
-20,433
-26,329
-1,650
-6,634
Financing Activities
Bank loans
Group/Directors Accounts
4,581
17,798
-20,274
19,628
625
-20,660
-27,189
47,872
Other Short Term Loans
Long term loans
12,876
-8,946
-936
50,000
Hire Purchase and Lease Commitments
-4,094
-11,582
-7,652
-6,114
-4,837
42,235
other long term liabilities
share issue
99
1
interest
-3,588
-2,956
-2,974
-1,473
167
92
32
66
75
56
9
cash flow from financing
9,775
-5,686
-31,836
62,041
-4,045
21,667
-27,157
48,037
75
56
10
cash and cash equivalents
cash
-8,798
25,771
-76,165
67,025
-7,774
15,664
-4,651
3,926
-7,414
14,928
3,758
overdraft
change in cash
-8,798
25,771
-76,165
67,025
-7,774
15,664
-4,651
3,926
-7,414
14,928
3,758
hertfordshire couriers ltd 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 hertfordshire couriers ltd. Get real-time insights into hertfordshire couriers ltd's credit score, group structure and payment trends.
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hertfordshire couriers ltd Ownership
HERTFORDSHIRE COURIERS LTD group structure
Hertfordshire Couriers Ltd has 2 subsidiary companies.
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 hertfordshire couriers ltd. Currently there are 2 open charges and 0 have been satisfied in the past.
hertfordshire couriers ltd 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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hertfordshire couriers ltdCompanies House Filings - See Documents
