handley house limited
handley house limited Company Information
Company Number
09335386
Website
www.handley-house.comRegistered Address
handley house northgate, newark, nottinghamshire, NG24 1EH
Industry
Activities of head offices
Telephone
01636672356
Next Accounts Due
September 2024
Group Structure
View All
Shareholders
graham cartledge discretionary trust 30%
trustees of graham cartledge 2020-2 trust 10.7%
View Allhandley house limited Estimated Valuation
Pomanda estimates the enterprise value of HANDLEY HOUSE LIMITED at £82.9m based on a Turnover of £45.8m and 1.81x industry multiple (adjusted for size and gross margin).
handley house limited Estimated Valuation
Pomanda estimates the enterprise value of HANDLEY HOUSE LIMITED at £38.3m based on an EBITDA of £3.1m and a 12.46x industry multiple (adjusted for size and gross margin).
handley house limited Estimated Valuation
Pomanda estimates the enterprise value of HANDLEY HOUSE LIMITED at £38m based on Net Assets of £49.7m and 0.77x industry multiple (adjusted for liquidity).
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Handley House Limited Overview
Handley House Limited is a live company located in nottinghamshire, NG24 1EH with a Companies House number of 09335386. It operates in the activities of head offices sector, SIC Code 70100. Founded in December 2014, it's largest shareholder is graham cartledge discretionary trust with a 30% stake. Handley House Limited is a established, large sized company, Pomanda has estimated its turnover at £45.8m with declining growth in recent years.
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Handley House Limited Health Check
Pomanda's financial health check has awarded Handley House Limited a 4 rating. We use a traffic light system to show it exceeds the industry average on 6 measures and has 5 areas for improvement. Company Health Check FAQs
6 Strong
0 Regular
5 Weak
Size
annual sales of £45.8m, make it larger than the average company (£20.1m)
£45.8m - Handley House Limited
£20.1m - Industry AVG
Growth
3 year (CAGR) sales growth of -5%, show it is growing at a slower rate (3%)
-5% - Handley House Limited
3% - Industry AVG
Production
with a gross margin of 49.9%, this company has a lower cost of product (33.2%)
49.9% - Handley House Limited
33.2% - Industry AVG
Profitability
an operating margin of 2.7% make it less profitable than the average company (6%)
2.7% - Handley House Limited
6% - Industry AVG
Employees
with 404 employees, this is above the industry average (118)
404 - Handley House Limited
118 - Industry AVG
Pay Structure
on an average salary of £59.7k, the company has a higher pay structure (£45.8k)
£59.7k - Handley House Limited
£45.8k - Industry AVG
Efficiency
resulting in sales per employee of £113.4k, this is less efficient (£187.3k)
£113.4k - Handley House Limited
£187.3k - Industry AVG
Debtor Days
it gets paid by customers after 182 days, this is later than average (47 days)
182 days - Handley House Limited
47 days - Industry AVG
Creditor Days
its suppliers are paid after 54 days, this is slower than average (45 days)
54 days - Handley House Limited
45 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Handley House Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 53 weeks, this is more cash available to meet short term requirements (15 weeks)
53 weeks - Handley House Limited
15 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 28.2%, this is a lower level of debt than the average (57.4%)
28.2% - Handley House Limited
57.4% - Industry AVG
HANDLEY HOUSE LIMITED financials
Handley House Limited's latest turnover from December 2022 is £45.8 million and the company has net assets of £49.7 million. According to their latest financial statements, Handley House Limited has 404 employees and maintains cash reserves of £17.4 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | |
|---|---|---|---|---|---|---|---|---|---|
| Turnover | 45,796,000 | 37,830,000 | 36,171,000 | 53,685,000 | 52,432,000 | 49,655,000 | 48,206,000 | 48,047,000 | 51,835,000 |
| Other Income Or Grants | 0 | 0 | |||||||
| Cost Of Sales | 22,940,000 | 18,710,000 | |||||||
| Gross Profit | 22,856,000 | 19,120,000 | |||||||
| Admin Expenses | 21,643,000 | 16,151,000 | |||||||
| Operating Profit | 1,213,000 | 2,969,000 | 1,570,000 | 4,881,000 | 4,747,000 | 5,411,000 | 6,140,000 | 5,823,000 | 7,388,000 |
| Interest Payable | 0 | 3,000 | 0 | 0 | 0 | 0 | 0 | 0 | 1,000 |
| Interest Receivable | 44,000 | 31,000 | 44,000 | 44,000 | 67,000 | 49,000 | 67,000 | 63,000 | 103,000 |
| Pre-Tax Profit | 1,257,000 | 2,997,000 | 1,614,000 | 4,925,000 | 4,814,000 | 5,460,000 | 6,207,000 | 5,886,000 | 7,490,000 |
| Tax | 98,000 | -1,416,000 | -590,000 | -1,407,000 | -1,206,000 | -1,131,000 | -1,675,000 | -1,627,000 | -1,519,000 |
| Profit After Tax | 1,355,000 | 1,581,000 | 1,024,000 | 3,518,000 | 3,608,000 | 4,329,000 | 4,532,000 | 4,259,000 | 5,971,000 |
| Dividends Paid | 0 | 2,000,000 | 0 | 0 | 0 | 3,500,000 | 3,500,000 | 1,000,000 | 200,000 |
| Retained Profit | 1,355,000 | -419,000 | 1,024,000 | 3,518,000 | 3,608,000 | 829,000 | 1,032,000 | 3,259,000 | 5,771,000 |
| Employee Costs | 24,131,000 | 21,257,000 | 20,734,000 | 25,033,000 | 26,440,000 | 28,452,000 | 26,215,000 | 28,079,000 | 29,395,000 |
| Number Of Employees | 404 | 378 | 408 | 420 | 430 | 489 | 461 | 508 | 561 |
| EBITDA* | 3,073,000 | 3,925,000 | 3,129,000 | 6,562,000 | 6,682,000 | 6,684,000 | 6,924,000 | 6,762,000 | 8,305,000 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | |
|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 3,294,000 | 1,966,000 | 3,145,000 | 3,523,000 | 4,138,000 | 3,548,000 | 2,974,000 | 1,296,000 | 1,851,000 |
| Intangible Assets | 3,505,000 | 1,135,000 | 577,000 | 928,000 | 1,431,000 | 2,258,000 | 2,885,000 | 0 | 0 |
| Investments & Other | 2,668,000 | 2,129,000 | 1,443,000 | 1,443,000 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 347,000 | 185,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 9,814,000 | 5,415,000 | 5,165,000 | 5,894,000 | 5,569,000 | 5,806,000 | 5,859,000 | 1,296,000 | 1,851,000 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 22,957,000 | 18,151,000 | 16,831,000 | 16,183,000 | 19,897,000 | 23,893,000 | 20,339,000 | 11,302,000 | 14,857,000 |
| Group Debtors | 0 | 630,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 2,413,000 | 3,761,000 | 3,244,000 | 1,793,000 | 5,283,000 | 3,890,000 | 3,994,000 | 2,922,000 | 2,788,000 |
| Cash | 17,446,000 | 18,583,000 | 22,885,000 | 21,885,000 | 31,396,000 | 26,079,000 | 31,994,000 | 29,517,000 | 27,146,000 |
| misc current assets | 16,507,000 | 18,291,000 | 16,796,000 | 15,103,000 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 59,323,000 | 59,416,000 | 59,756,000 | 54,964,000 | 56,576,000 | 53,862,000 | 56,327,000 | 43,741,000 | 44,791,000 |
| total assets | 69,137,000 | 64,831,000 | 64,921,000 | 60,858,000 | 62,145,000 | 59,668,000 | 62,186,000 | 45,037,000 | 46,642,000 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 3,445,000 | 2,882,000 | 4,154,000 | 4,027,000 | 4,274,000 | 5,520,000 | 4,043,000 | 2,409,000 | 2,940,000 |
| Group/Directors Accounts | 0 | 630,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 4,000 |
| other current liabilities | 13,646,000 | 13,897,000 | 13,066,000 | 8,420,000 | 12,125,000 | 13,928,000 | 17,036,000 | 6,972,000 | 12,556,000 |
| total current liabilities | 17,091,000 | 17,409,000 | 17,220,000 | 12,447,000 | 16,399,000 | 19,448,000 | 21,079,000 | 9,381,000 | 15,500,000 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 2,225,000 | 102,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 169,000 | 1,181,000 | 662,000 | 41,000 | 160,000 | 157,000 | 893,000 | 0 | 0 |
| total long term liabilities | 2,394,000 | 1,283,000 | 662,000 | 41,000 | 160,000 | 157,000 | 893,000 | 0 | 0 |
| total liabilities | 19,485,000 | 18,692,000 | 17,882,000 | 12,488,000 | 16,559,000 | 19,605,000 | 21,972,000 | 9,381,000 | 15,500,000 |
| net assets | 49,652,000 | 46,139,000 | 47,039,000 | 48,370,000 | 45,586,000 | 40,063,000 | 40,214,000 | 35,656,000 | 31,142,000 |
| total shareholders funds | 49,652,000 | 46,139,000 | 47,039,000 | 48,370,000 | 45,586,000 | 40,063,000 | 40,214,000 | 35,656,000 | 31,142,000 |
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | |
|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||
| Operating Profit | 1,213,000 | 2,969,000 | 1,570,000 | 4,881,000 | 4,747,000 | 5,411,000 | 6,140,000 | 5,823,000 | 7,388,000 |
| Depreciation | 1,489,000 | 714,000 | 985,000 | 1,178,000 | 1,308,000 | 1,273,000 | 784,000 | 939,000 | 917,000 |
| Amortisation | 371,000 | 242,000 | 574,000 | 503,000 | 627,000 | 0 | 0 | 0 | 0 |
| Tax | 98,000 | -1,416,000 | -590,000 | -1,407,000 | -1,206,000 | -1,131,000 | -1,675,000 | -1,627,000 | -1,519,000 |
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 2,990,000 | 2,652,000 | 2,099,000 | -7,204,000 | -2,603,000 | 3,450,000 | 10,109,000 | -3,421,000 | 17,645,000 |
| Creditors | 563,000 | -1,272,000 | 127,000 | -247,000 | -1,246,000 | 1,477,000 | 1,634,000 | -531,000 | 2,940,000 |
| Accruals and Deferred Income | -251,000 | 831,000 | 4,646,000 | -3,705,000 | -1,803,000 | -3,108,000 | 10,064,000 | -5,584,000 | 12,556,000 |
| Deferred Taxes & Provisions | -1,012,000 | 519,000 | 621,000 | -119,000 | 3,000 | -736,000 | 893,000 | 0 | 0 |
| Cash flow from operations | -519,000 | -65,000 | 5,834,000 | 8,288,000 | 5,033,000 | -264,000 | 7,731,000 | 2,441,000 | 4,637,000 |
| Investing Activities | |||||||||
| capital expenditure | 0 | 0 | 0 | -17,096,000 | -1,869,000 | -1,790,000 | -2,878,000 | -373,000 | -1,921,000 |
| Change in Investments | 539,000 | 686,000 | 0 | 1,443,000 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | -539,000 | -686,000 | 0 | -18,539,000 | -1,869,000 | -1,790,000 | -2,878,000 | -373,000 | -1,921,000 |
| Financing Activities | |||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | -630,000 | 630,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -4,000 | 4,000 |
| other long term liabilities | 2,123,000 | 102,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||||||
| interest | 44,000 | 28,000 | 44,000 | 44,000 | 67,000 | 49,000 | 67,000 | 63,000 | 102,000 |
| cash flow from financing | 3,695,000 | 279,000 | -2,311,000 | -690,000 | 1,982,000 | -931,000 | 3,593,000 | 1,314,000 | 25,477,000 |
| cash and cash equivalents | |||||||||
| cash | -1,137,000 | -4,302,000 | 1,000,000 | -9,511,000 | 5,317,000 | -5,915,000 | 2,477,000 | 2,371,000 | 27,146,000 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -1,137,000 | -4,302,000 | 1,000,000 | -9,511,000 | 5,317,000 | -5,915,000 | 2,477,000 | 2,371,000 | 27,146,000 |
handley house limited Credit Report and Business Information
Handley House Limited Competitor Analysis
Perform a competitor analysis for handley house limited by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other large companies, companies in NG24 area or any other competitors across 12 key performance metrics.
handley house limited Ownership
HANDLEY HOUSE LIMITED group structure
Handley House Limited has 8 subsidiary companies.
Ultimate parent company
HANDLEY HOUSE LIMITED
09335386
8 subsidiaries
handley house limited directors
Handley House Limited currently has 4 directors. The longest serving directors include Mr Graham Cartledge (Jan 2015) and Mr Thomas Cartledge (Jan 2015).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Graham Cartledge | 77 years | Jan 2015 | - | Director | |
| Mr Thomas Cartledge | England | 45 years | Jan 2015 | - | Director |
| Mr William Colacicchi | United Kingdom | 69 years | Aug 2019 | - | Director |
| Mr Neil Morling | 62 years | Jul 2023 | - | Director |
P&L
December 2022turnover
45.8m
+21%
operating profit
1.2m
-59%
gross margin
50%
-1.25%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2022net assets
49.7m
+0.08%
total assets
69.1m
+0.07%
cash
17.4m
-0.06%
net assets
Total assets minus all liabilities
handley house limited company details
company number
09335386
Type
Private limited with Share Capital
industry
70100 - Activities of head offices
incorporation date
December 2014
age
10
incorporated
UK
accounts
Group
ultimate parent company
previous names
benoy holdings limited (September 2017)
castlegate opco limited (March 2015)
last accounts submitted
December 2022
address
handley house northgate, newark, nottinghamshire, NG24 1EH
accountant
-
auditor
CLA EVELYN PARTNERS LIMITED
handley house 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 handley house limited.
handley house limited Companies House Filings - See Documents
| date | description | view/download |
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