ashdown hurrey solutions ltd
ashdown hurrey solutions ltd Company Information
Company Number
09882189
Next Accounts
Dec 2024
Industry
Accounting, and auditing activities
Shareholders
fred & cressida limited
spongewell limited
View AllGroup Structure
View All
Contact
Registered Address
20 havelock road, hastings, east sussex, TN34 1BP
Website
www.ashdownhurrey.co.ukashdown hurrey solutions ltd Estimated Valuation
Pomanda estimates the enterprise value of ASHDOWN HURREY SOLUTIONS LTD at £5.6m based on a Turnover of £5.7m and 0.99x industry multiple (adjusted for size and gross margin).
ashdown hurrey solutions ltd Estimated Valuation
Pomanda estimates the enterprise value of ASHDOWN HURREY SOLUTIONS LTD at £1.1m based on an EBITDA of £202.3k and a 5.32x industry multiple (adjusted for size and gross margin).
ashdown hurrey solutions ltd Estimated Valuation
Pomanda estimates the enterprise value of ASHDOWN HURREY SOLUTIONS LTD at £2m based on Net Assets of £751k and 2.72x industry multiple (adjusted for liquidity).
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Ashdown Hurrey Solutions Ltd Overview
Ashdown Hurrey Solutions Ltd is a live company located in east sussex, TN34 1BP with a Companies House number of 09882189. It operates in the accounting and auditing activities sector, SIC Code 69201. Founded in November 2015, it's largest shareholder is fred & cressida limited with a 16.7% stake. Ashdown Hurrey Solutions Ltd is a young, mid sized company, Pomanda has estimated its turnover at £5.7m with healthy growth in recent years.
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Ashdown Hurrey Solutions Ltd Health Check
Pomanda's financial health check has awarded Ashdown Hurrey Solutions Ltd a 2.5 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 4 areas for improvement. Company Health Check FAQs
2 Strong
5 Regular
4 Weak
Size
annual sales of £5.7m, make it larger than the average company (£140.8k)
- Ashdown Hurrey Solutions Ltd
£140.8k - Industry AVG
Growth
3 year (CAGR) sales growth of 6%, show it is growing at a similar rate (5.8%)
- Ashdown Hurrey Solutions Ltd
5.8% - Industry AVG
Production
with a gross margin of 68.7%, this company has a comparable cost of product (68.7%)
- Ashdown Hurrey Solutions Ltd
68.7% - Industry AVG
Profitability
an operating margin of 3.2% make it less profitable than the average company (17.2%)
- Ashdown Hurrey Solutions Ltd
17.2% - Industry AVG
Employees
with 72 employees, this is above the industry average (3)
72 - Ashdown Hurrey Solutions Ltd
3 - Industry AVG
Pay Structure
on an average salary of £20k, the company has an equivalent pay structure (£20k)
- Ashdown Hurrey Solutions Ltd
£20k - Industry AVG
Efficiency
resulting in sales per employee of £78.6k, this is equally as efficient (£69.8k)
- Ashdown Hurrey Solutions Ltd
£69.8k - Industry AVG
Debtor Days
it gets paid by customers after 112 days, this is near the average (97 days)
- Ashdown Hurrey Solutions Ltd
97 days - Industry AVG
Creditor Days
its suppliers are paid after 21 days, this is quicker than average (26 days)
- Ashdown Hurrey Solutions Ltd
26 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Ashdown Hurrey Solutions Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 6 weeks, this is less cash available to meet short term requirements (27 weeks)
6 weeks - Ashdown Hurrey Solutions Ltd
27 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 78.9%, this is a higher level of debt than the average (56.8%)
78.9% - Ashdown Hurrey Solutions Ltd
56.8% - Industry AVG
ASHDOWN HURREY SOLUTIONS LTD financials
Ashdown Hurrey Solutions Ltd's latest turnover from March 2023 is estimated at £5.7 million and the company has net assets of £751 thousand. According to their latest financial statements, Ashdown Hurrey Solutions Ltd has 72 employees and maintains cash reserves of £243 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 | |
|---|---|---|---|---|---|---|---|---|
| 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 | 72 | 71 | 68 | 68 | 62 | 54 | 52 | |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | |
|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 16,567 | 19,441 | 31,674 | 39,567 | 25,010 | 42,758 | 62,146 | 0 |
| Intangible Assets | 1,327,920 | 1,327,920 | 1,226,696 | 919,758 | 877,981 | 877,981 | 877,981 | 0 |
| Investments & Other | 1 | 1 | 1 | 1 | 1 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 1,344,488 | 1,347,362 | 1,258,371 | 959,326 | 902,992 | 920,739 | 940,127 | 0 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 1,749,366 | 1,511,157 | 1,336,389 | 1,334,774 | 1,223,924 | 1,092,396 | 901,017 | 0 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 226,235 | 146,137 | 133,661 | 98,829 | 124,304 | 101,801 | 103,719 | 300 |
| Cash | 242,978 | 304,847 | 660,110 | 189,801 | 78,830 | 107,763 | 154,478 | 0 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 2,218,579 | 1,962,141 | 2,130,160 | 1,623,404 | 1,427,058 | 1,301,960 | 1,159,214 | 300 |
| total assets | 3,563,067 | 3,309,503 | 3,388,531 | 2,582,730 | 2,330,050 | 2,222,699 | 2,099,341 | 300 |
| Bank overdraft | 32,355 | 42,059 | 50,000 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 103,089 | 74,719 | 41,605 | 14,260 | 53,831 | 35,039 | 40,819 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 1,696,530 | 1,431,073 | 1,705,932 | 1,237,125 | 944,874 | 856,315 | 727,177 | 0 |
| total current liabilities | 1,831,974 | 1,547,851 | 1,797,537 | 1,251,385 | 998,705 | 891,354 | 767,996 | 0 |
| loans | 600,000 | 600,000 | 530,566 | 600,000 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 380,139 | 515,134 | 331,129 | 313,301 | 1,017,737 | 1,122,173 | 1,226,609 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 980,139 | 1,115,134 | 861,695 | 913,301 | 1,017,737 | 1,122,173 | 1,226,609 | 0 |
| total liabilities | 2,812,113 | 2,662,985 | 2,659,232 | 2,164,686 | 2,016,442 | 2,013,527 | 1,994,605 | 0 |
| net assets | 750,954 | 646,518 | 729,299 | 418,044 | 313,608 | 209,172 | 104,736 | 300 |
| total shareholders funds | 750,954 | 646,518 | 729,299 | 418,044 | 313,608 | 209,172 | 104,736 | 300 |
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Operating Profit | ||||||||
| Depreciation | 19,659 | 21,133 | 20,235 | 21,180 | 29,248 | 26,229 | 20,044 | 0 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | ||||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 318,307 | 187,244 | 36,447 | 85,375 | 154,031 | 189,461 | 1,004,436 | 300 |
| Creditors | 28,370 | 33,114 | 27,345 | -39,571 | 18,792 | -5,780 | 40,819 | 0 |
| Accruals and Deferred Income | 265,457 | -274,859 | 468,807 | 292,251 | 88,559 | 129,138 | 727,177 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | ||||||||
| Investing Activities | ||||||||
| capital expenditure | ||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 1 | 0 | 0 | 0 |
| cash flow from investments | ||||||||
| Financing Activities | ||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 69,434 | -69,434 | 600,000 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | -134,995 | 184,005 | 17,828 | -704,436 | -104,436 | -104,436 | 1,226,609 | 0 |
| share issue | ||||||||
| interest | ||||||||
| cash flow from financing | ||||||||
| cash and cash equivalents | ||||||||
| cash | -61,869 | -355,263 | 470,309 | 110,971 | -28,933 | -46,715 | 154,478 | 0 |
| overdraft | -9,704 | -7,941 | 50,000 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -52,165 | -347,322 | 420,309 | 110,971 | -28,933 | -46,715 | 154,478 | 0 |
ashdown hurrey solutions ltd Credit Report and Business Information
Ashdown Hurrey Solutions Ltd Competitor Analysis
Perform a competitor analysis for ashdown hurrey solutions ltd by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other mid companies, companies in TN34 area or any other competitors across 12 key performance metrics.
ashdown hurrey solutions ltd Ownership
ASHDOWN HURREY SOLUTIONS LTD group structure
Ashdown Hurrey Solutions Ltd has no subsidiary companies.
Ultimate parent company
ASHDOWN HURREY SOLUTIONS LTD
09882189
ashdown hurrey solutions ltd directors
Ashdown Hurrey Solutions Ltd currently has 8 directors. The longest serving directors include Mr Carl Read (Nov 2015) and Miss Tamsyn Rayner-Vincent (Nov 2015).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Carl Read | United Kingdom | 46 years | Nov 2015 | - | Director |
| Miss Tamsyn Rayner-Vincent | United Kingdom | 42 years | Nov 2015 | - | Director |
| Mr Mark Weeks-Pearson | England | 46 years | Nov 2015 | - | Director |
| Mr Jeffrey Moore | United Kingdom | 56 years | Nov 2015 | - | Director |
| Mr Stuart Rosling | United Kingdom | 55 years | Nov 2015 | - | Director |
| Mr Sam Carter | England | 38 years | Apr 2018 | - | Director |
| Mrs Gemma Newstead | United Kingdom | 36 years | Apr 2022 | - | Director |
| Mr Martin Copland | United Kingdom | 37 years | Apr 2023 | - | Director |
P&L
March 2023turnover
5.7m
+15%
operating profit
182.6k
0%
gross margin
68.8%
+5.35%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2023net assets
751k
+0.16%
total assets
3.6m
+0.08%
cash
243k
-0.2%
net assets
Total assets minus all liabilities
ashdown hurrey solutions ltd company details
company number
09882189
Type
Private limited with Share Capital
industry
69201 - Accounting, and auditing activities
incorporation date
November 2015
age
9
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
March 2023
previous names
N/A
accountant
ASHDOWN HURREY
auditor
-
address
20 havelock road, hastings, east sussex, TN34 1BP
Bank
-
Legal Advisor
-
ashdown hurrey solutions ltd 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 ashdown hurrey solutions ltd.
ashdown hurrey solutions ltd Companies House Filings - See Documents
| date | description | view/download |
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