harris family finance company limited
harris family finance company limited Company Information
Company Number
09492960
Next Accounts
Dec 2025
Shareholders
trevor frank harris
Group Structure
View All
Industry
Activities of financial services holding companies
Registered Address
lordship house lordship stud, london road, newmarket, suffolk, CB8 0TP
Website
-harris family finance company limited Estimated Valuation
Pomanda estimates the enterprise value of HARRIS FAMILY FINANCE COMPANY LIMITED at £3.3m based on a Turnover of £3.4m and 0.96x industry multiple (adjusted for size and gross margin).
harris family finance company limited Estimated Valuation
Pomanda estimates the enterprise value of HARRIS FAMILY FINANCE COMPANY LIMITED at £690.6k based on an EBITDA of £193.5k and a 3.57x industry multiple (adjusted for size and gross margin).
harris family finance company limited Estimated Valuation
Pomanda estimates the enterprise value of HARRIS FAMILY FINANCE COMPANY LIMITED at £16.9m based on Net Assets of £10.2m and 1.67x industry multiple (adjusted for liquidity).
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Harris Family Finance Company Limited Overview
Harris Family Finance Company Limited is a live company located in newmarket, CB8 0TP with a Companies House number of 09492960. It operates in the activities of financial services holding companies sector, SIC Code 64205. Founded in March 2015, it's largest shareholder is trevor frank harris with a 100% stake. Harris Family Finance Company Limited is a established, small sized company, Pomanda has estimated its turnover at £3.4m with rapid growth in recent years.
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Harris Family Finance Company Limited Health Check
Pomanda's financial health check has awarded Harris Family Finance Company Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 6 areas for improvement. Company Health Check FAQs
3 Strong
1 Regular
6 Weak
Size
annual sales of £3.4m, make it smaller than the average company (£11.6m)
- Harris Family Finance Company Limited
£11.6m - Industry AVG
Growth
3 year (CAGR) sales growth of 92%, show it is growing at a faster rate (9.3%)
- Harris Family Finance Company Limited
9.3% - Industry AVG
Production
with a gross margin of 38.9%, this company has a higher cost of product (76.7%)
- Harris Family Finance Company Limited
76.7% - Industry AVG
Profitability
an operating margin of 5.7% make it less profitable than the average company (7.2%)
- Harris Family Finance Company Limited
7.2% - Industry AVG
Employees
with 2 employees, this is below the industry average (64)
2 - Harris Family Finance Company Limited
64 - Industry AVG
Pay Structure
on an average salary of £79.2k, the company has an equivalent pay structure (£79.2k)
- Harris Family Finance Company Limited
£79.2k - Industry AVG
Efficiency
resulting in sales per employee of £1.7m, this is more efficient (£203.3k)
- Harris Family Finance Company Limited
£203.3k - Industry AVG
Debtor Days
it gets paid by customers after 304 days, this is later than average (43 days)
- Harris Family Finance Company Limited
43 days - Industry AVG
Creditor Days
its suppliers are paid after 8 days, this is quicker than average (46 days)
- Harris Family Finance Company Limited
46 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Harris Family Finance Company Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Harris Family Finance Company Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 1.4%, this is a lower level of debt than the average (56.7%)
1.4% - Harris Family Finance Company Limited
56.7% - Industry AVG
HARRIS FAMILY FINANCE COMPANY LIMITED financials
Harris Family Finance Company Limited's latest turnover from March 2024 is estimated at £3.4 million and the company has net assets of £10.2 million. According to their latest financial statements, Harris Family Finance Company Limited has 2 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | |
|---|---|---|---|---|---|---|---|---|---|
| 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 | 2 | 2 | ||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | |
|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 7,206,328 | 7,596,608 | 10,362,752 | 9,975,344 | 7,013,445 | 3,296,887 | 10,816,119 | 8,480,654 | |
| Intangible Assets | |||||||||
| Investments & Other | 1,950,000 | ||||||||
| Debtors (Due After 1 year) | |||||||||
| Total Fixed Assets | 7,206,328 | 7,596,608 | 10,362,752 | 9,975,344 | 7,013,445 | 3,296,887 | 10,816,119 | 8,480,654 | 1,950,000 |
| Stock & work in progress | |||||||||
| Trade Debtors | 2,826,911 | 2,385,209 | 305,655 | 337,028 | 3,088,015 | 6,611,015 | 370,540 | 162,378 | |
| Group Debtors | |||||||||
| Misc Debtors | 292,112 | 223,388 | 356,886 | 287,808 | 181,912 | 61,118 | |||
| Cash | |||||||||
| misc current assets | 137,697 | ||||||||
| total current assets | 3,119,023 | 2,608,597 | 662,541 | 624,836 | 3,269,927 | 6,748,712 | 370,540 | 162,378 | 61,118 |
| total assets | 10,325,351 | 10,205,205 | 11,025,293 | 10,600,180 | 10,283,372 | 10,045,599 | 11,186,659 | 8,643,032 | 2,011,118 |
| Bank overdraft | |||||||||
| Bank loan | |||||||||
| Trade Creditors | 48,415 | 73,362 | 74,994 | 69,593 | 51,666 | 31,114 | 54,817 | 18,916 | 12,124 |
| Group/Directors Accounts | 500 | ||||||||
| other short term finances | |||||||||
| hp & lease commitments | |||||||||
| other current liabilities | |||||||||
| total current liabilities | 48,415 | 73,362 | 74,994 | 69,593 | 51,666 | 31,114 | 54,817 | 18,916 | 12,624 |
| loans | |||||||||
| hp & lease commitments | |||||||||
| Accruals and Deferred Income | |||||||||
| other liabilities | 100,779 | 100,779 | 146,525 | 46,525 | 44,330 | 43,130 | 1,293,130 | 19,302 | |
| provisions | |||||||||
| total long term liabilities | 100,779 | 100,779 | 146,525 | 46,525 | 44,330 | 43,130 | 1,293,130 | 19,302 | |
| total liabilities | 149,194 | 174,141 | 221,519 | 116,118 | 95,996 | 74,244 | 1,347,947 | 38,218 | 12,624 |
| net assets | 10,176,157 | 10,031,064 | 10,803,774 | 10,484,062 | 10,187,376 | 9,971,355 | 9,838,712 | 8,604,814 | 1,998,494 |
| total shareholders funds | 10,176,157 | 10,031,064 | 10,803,774 | 10,484,062 | 10,187,376 | 9,971,355 | 9,838,712 | 8,604,814 | 1,998,494 |
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | |
|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||
| Operating Profit | |||||||||
| Depreciation | |||||||||
| Amortisation | |||||||||
| Tax | |||||||||
| Stock | |||||||||
| Debtors | 510,426 | 1,946,056 | 37,705 | -2,645,091 | -3,341,088 | 6,240,475 | 208,162 | 101,260 | 61,118 |
| Creditors | -24,947 | -1,632 | 5,401 | 17,927 | 20,552 | -23,703 | 35,901 | 6,792 | 12,124 |
| Accruals and Deferred Income | |||||||||
| Deferred Taxes & Provisions | |||||||||
| Cash flow from operations | |||||||||
| Investing Activities | |||||||||
| capital expenditure | |||||||||
| Change in Investments | -1,950,000 | 1,950,000 | |||||||
| cash flow from investments | |||||||||
| Financing Activities | |||||||||
| Bank loans | |||||||||
| Group/Directors Accounts | -500 | 500 | |||||||
| Other Short Term Loans | |||||||||
| Long term loans | |||||||||
| Hire Purchase and Lease Commitments | |||||||||
| other long term liabilities | -45,746 | 100,000 | 2,195 | 1,200 | -1,250,000 | 1,273,828 | 19,302 | ||
| share issue | |||||||||
| interest | |||||||||
| cash flow from financing | |||||||||
| cash and cash equivalents | |||||||||
| cash | |||||||||
| overdraft | |||||||||
| change in cash |
harris family finance company limited Credit Report and Business Information
Harris Family Finance Company Limited Competitor Analysis
Perform a competitor analysis for harris family finance company limited by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other small companies, companies in CB8 area or any other competitors across 12 key performance metrics.
harris family finance company limited Ownership
HARRIS FAMILY FINANCE COMPANY LIMITED group structure
Harris Family Finance Company Limited has no subsidiary companies.
Ultimate parent company
HARRIS FAMILY FINANCE COMPANY LIMITED
09492960
harris family finance company limited directors
Harris Family Finance Company Limited currently has 2 directors. The longest serving directors include Mr Trevor Harris (Mar 2015) and Mrs Elizabeth Harris (Jun 2017).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Trevor Harris | United Kingdom | 79 years | Mar 2015 | - | Director |
| Mrs Elizabeth Harris | 66 years | Jun 2017 | - | Director |
P&L
March 2024turnover
3.4m
+23%
operating profit
193.5k
0%
gross margin
39%
-5.91%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2024net assets
10.2m
+0.01%
total assets
10.3m
+0.01%
cash
0
0%
net assets
Total assets minus all liabilities
harris family finance company limited company details
company number
09492960
Type
Private limited with Share Capital
industry
64205 - Activities of financial services holding companies
incorporation date
March 2015
age
10
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
March 2024
previous names
N/A
accountant
-
auditor
-
address
lordship house lordship stud, london road, newmarket, suffolk, CB8 0TP
Bank
-
Legal Advisor
-
harris family finance company 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 harris family finance company limited.
harris family finance company 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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harris family finance company limited Companies House Filings - See Documents
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