hertford flooring limited
hertford flooring limited Company Information
Company Number
09288728
Next Accounts
Jul 2025
Shareholders
rhybels holding ltd
Group Structure
View All
Industry
Floor and wall covering
Registered Address
five ways 57/59 hatfield road, potters bar, hertfordshire, EN6 1HS
Website
hertfordflooring.comhertford flooring limited Estimated Valuation
Pomanda estimates the enterprise value of HERTFORD FLOORING LIMITED at £251.9k based on a Turnover of £740k and 0.34x industry multiple (adjusted for size and gross margin).
hertford flooring limited Estimated Valuation
Pomanda estimates the enterprise value of HERTFORD FLOORING LIMITED at £63.5k based on an EBITDA of £22k and a 2.88x industry multiple (adjusted for size and gross margin).
hertford flooring limited Estimated Valuation
Pomanda estimates the enterprise value of HERTFORD FLOORING LIMITED at £290k based on Net Assets of £152k and 1.91x industry multiple (adjusted for liquidity).
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Hertford Flooring Limited Overview
Hertford Flooring Limited is a live company located in hertfordshire, EN6 1HS with a Companies House number of 09288728. It operates in the floor and wall covering sector, SIC Code 43330. Founded in October 2014, it's largest shareholder is rhybels holding ltd with a 100% stake. Hertford Flooring Limited is a established, small sized company, Pomanda has estimated its turnover at £740k with healthy growth in recent years.
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Hertford Flooring Limited Health Check
Pomanda's financial health check has awarded Hertford Flooring Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 5 areas for improvement. Company Health Check FAQs
4 Strong
1 Regular
5 Weak
Size
annual sales of £740k, make it larger than the average company (£285.8k)
- Hertford Flooring Limited
£285.8k - Industry AVG
Growth
3 year (CAGR) sales growth of 5%, show it is growing at a slower rate (7.3%)
- Hertford Flooring Limited
7.3% - Industry AVG
Production
with a gross margin of 21%, this company has a higher cost of product (29.9%)
- Hertford Flooring Limited
29.9% - Industry AVG
Profitability
an operating margin of 3% make it less profitable than the average company (6.8%)
- Hertford Flooring Limited
6.8% - Industry AVG
Employees
with 2 employees, this is below the industry average (3)
2 - Hertford Flooring Limited
3 - Industry AVG
Pay Structure
on an average salary of £36.8k, the company has an equivalent pay structure (£36.8k)
- Hertford Flooring Limited
£36.8k - Industry AVG
Efficiency
resulting in sales per employee of £370k, this is more efficient (£147k)
- Hertford Flooring Limited
£147k - Industry AVG
Debtor Days
it gets paid by customers after 136 days, this is later than average (55 days)
- Hertford Flooring Limited
55 days - Industry AVG
Creditor Days
its suppliers are paid after 95 days, this is slower than average (34 days)
- Hertford Flooring Limited
34 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Hertford Flooring Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Hertford Flooring Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 50.2%, this is a lower level of debt than the average (58.8%)
50.2% - Hertford Flooring Limited
58.8% - Industry AVG
HERTFORD FLOORING LIMITED financials
Hertford Flooring Limited's latest turnover from October 2023 is estimated at £740 thousand and the company has net assets of £152 thousand. According to their latest financial statements, Hertford Flooring Limited has 2 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Oct 2023 | Oct 2022 | Oct 2021 | Oct 2020 | Oct 2019 | Oct 2018 | Oct 2017 | Oct 2016 | Oct 2015 | |
|---|---|---|---|---|---|---|---|---|---|
| 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 | 2 | 2 | 2 | 3 | 3 | 2 | 3 | ||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Oct 2023 | Oct 2022 | Oct 2021 | Oct 2020 | Oct 2019 | Oct 2018 | Oct 2017 | Oct 2016 | Oct 2015 | |
|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 28,967 | 38,563 | 23,050 | 6,244 | 8,624 | 16,975 | 27,062 | 32,965 | 26,188 |
| Intangible Assets | |||||||||
| Investments & Other | |||||||||
| Debtors (Due After 1 year) | |||||||||
| Total Fixed Assets | 28,967 | 38,563 | 23,050 | 6,244 | 8,624 | 16,975 | 27,062 | 32,965 | 26,188 |
| Stock & work in progress | |||||||||
| Trade Debtors | 276,568 | 288,111 | 297,352 | 208,665 | 72,722 | 73,449 | 54,134 | 116,566 | 47,030 |
| Group Debtors | |||||||||
| Misc Debtors | 20,948 | ||||||||
| Cash | |||||||||
| misc current assets | |||||||||
| total current assets | 276,568 | 288,111 | 297,352 | 208,665 | 72,722 | 73,449 | 54,134 | 116,566 | 67,978 |
| total assets | 305,535 | 326,674 | 320,402 | 214,909 | 81,346 | 90,424 | 81,196 | 149,531 | 94,166 |
| Bank overdraft | |||||||||
| Bank loan | |||||||||
| Trade Creditors | 153,543 | 191,199 | 255,611 | 161,114 | 98,236 | 77,846 | 95,407 | 124,748 | 87,296 |
| Group/Directors Accounts | |||||||||
| other short term finances | |||||||||
| hp & lease commitments | |||||||||
| other current liabilities | |||||||||
| total current liabilities | 153,543 | 191,199 | 255,611 | 161,114 | 98,236 | 77,846 | 95,407 | 124,748 | 87,296 |
| loans | |||||||||
| hp & lease commitments | |||||||||
| Accruals and Deferred Income | |||||||||
| other liabilities | 48,356 | 1,350 | 4,148 | 8,528 | 12,908 | 5,538 | |||
| provisions | |||||||||
| total long term liabilities | 48,356 | 1,350 | 4,148 | 8,528 | 12,908 | 5,538 | |||
| total liabilities | 153,543 | 191,199 | 255,611 | 209,470 | 99,586 | 81,994 | 103,935 | 137,656 | 92,834 |
| net assets | 151,992 | 135,475 | 64,791 | 5,439 | -18,240 | 8,430 | -22,739 | 11,875 | 1,332 |
| total shareholders funds | 151,992 | 135,475 | 64,791 | 5,439 | -18,240 | 8,430 | -22,739 | 11,875 | 1,332 |
| Oct 2023 | Oct 2022 | Oct 2021 | Oct 2020 | Oct 2019 | Oct 2018 | Oct 2017 | Oct 2016 | Oct 2015 | |
|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||
| Operating Profit | |||||||||
| Depreciation | |||||||||
| Amortisation | |||||||||
| Tax | |||||||||
| Stock | |||||||||
| Debtors | -11,543 | -9,241 | 88,687 | 135,943 | -727 | 19,315 | -62,432 | 48,588 | 67,978 |
| Creditors | -37,656 | -64,412 | 94,497 | 62,878 | 20,390 | -17,561 | -29,341 | 37,452 | 87,296 |
| Accruals and Deferred Income | |||||||||
| Deferred Taxes & Provisions | |||||||||
| Cash flow from operations | |||||||||
| Investing Activities | |||||||||
| capital expenditure | |||||||||
| Change in Investments | |||||||||
| cash flow from investments | |||||||||
| Financing Activities | |||||||||
| Bank loans | |||||||||
| Group/Directors Accounts | |||||||||
| Other Short Term Loans | |||||||||
| Long term loans | |||||||||
| Hire Purchase and Lease Commitments | |||||||||
| other long term liabilities | -48,356 | 47,006 | -2,798 | -4,380 | -4,380 | 7,370 | 5,538 | ||
| share issue | |||||||||
| interest | |||||||||
| cash flow from financing | |||||||||
| cash and cash equivalents | |||||||||
| cash | |||||||||
| overdraft | |||||||||
| change in cash |
hertford flooring limited Credit Report and Business Information
Hertford Flooring Limited Competitor Analysis
Perform a competitor analysis for hertford flooring limited by selecting its closest rivals, whether from the CONSTRUCTION sector, other small companies, companies in EN6 area or any other competitors across 12 key performance metrics.
hertford flooring limited Ownership
HERTFORD FLOORING LIMITED group structure
Hertford Flooring Limited has no subsidiary companies.
Ultimate parent company
HERTFORD FLOORING LIMITED
09288728
hertford flooring limited directors
Hertford Flooring Limited currently has 2 directors. The longest serving directors include Mr Neil Coker (Oct 2014) and Ms Judi Coker (Oct 2014).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Neil Coker | United Kingdom | 58 years | Oct 2014 | - | Director |
| Ms Judi Coker | United Kingdom | 56 years | Oct 2014 | - | Director |
P&L
October 2023turnover
740k
-3%
operating profit
22k
0%
gross margin
21.1%
-1.53%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
October 2023net assets
152k
+0.12%
total assets
305.5k
-0.06%
cash
0
0%
net assets
Total assets minus all liabilities
hertford flooring limited company details
company number
09288728
Type
Private limited with Share Capital
industry
43330 - Floor and wall covering
incorporation date
October 2014
age
11
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
October 2023
previous names
N/A
accountant
SRG NEWMANS LTD
auditor
-
address
five ways 57/59 hatfield road, potters bar, hertfordshire, EN6 1HS
Bank
-
Legal Advisor
-
hertford flooring 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 hertford flooring limited.
hertford flooring 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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hertford flooring limited Companies House Filings - See Documents
| date | description | view/download |
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