Pomanda estimates the enterprise value of HFSCO LIMITED at £914.9k based on a Turnover of £2.8m and 0.33x industry multiple (adjusted for size and gross margin).
hfsco limitedEstimated Valuation
£342.3k
Pomanda estimates the enterprise value of HFSCO LIMITED at £342.3k based on an EBITDA of £108.8k and a 3.15x industry multiple (adjusted for size and gross margin).
hfsco limitedEstimated Valuation
£2.3m
Pomanda estimates the enterprise value of HFSCO LIMITED at £2.3m based on Net Assets of £1.3m and 1.78x industry multiple (adjusted for liquidity).
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Hfsco LimitedOverview
Hfsco Limited is a live company located in carnforth, LA5 9FD with a Companies House number of 10245545. It operates in the retail sale of carpets, rugs, wall and floor coverings in specialised stores sector, SIC Code 47530. Founded in June 2016, it's largest shareholder is
simon whiley
with a 92.4% stake. Hfsco Limited is a young,
small sized company, Pomanda has estimated its turnover at
£2.8m with
healthy
growth in recent years.
Pomanda's financial health check has awarded Hfsco Limited a 2.5 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 7 areas for improvement. Company Health Check FAQs
Health Rating2.5out of 5
1 Strong
4 Regular
7 Weak
Size
annual sales of £2.8m, make it smaller than the average company (£6.8m)
£2.8m - Hfsco Limited
£6.8m - Industry AVG
Growth
3 year (CAGR) sales growth of 5%, show it is growing at a similar rate (5.1%)
5% - Hfsco Limited
5.1% - Industry AVG
Production
with a gross margin of 43.5%, this company has a comparable cost of product (43.5%)
43.5% - Hfsco Limited
43.5% - Industry AVG
Profitability
an operating margin of 0.6% make it less profitable than the average company (4.7%)
0.6% - Hfsco Limited
4.7% - Industry AVG
Employees
with 14 employees, this is below the industry average (39)
14 - Hfsco Limited
39 - Industry AVG
Pay Structure
on an average salary of £33.2k, the company has an equivalent pay structure (£33.2k)
£33.2k - Hfsco Limited
£33.2k - Industry AVG
Efficiency
resulting in sales per employee of £198.1k, this is equally as efficient (£178.4k)
£198.1k - Hfsco Limited
£178.4k - Industry AVG
Debtor Days
it gets paid by customers after 36 days, this is later than average (23 days)
36 days - Hfsco Limited
23 days - Industry AVG
Creditor Days
its suppliers are paid after 33 days, this is quicker than average (45 days)
33 days - Hfsco Limited
45 days - Industry AVG
Stock Days
it holds stock equivalent to 328 days, this is more than average (84 days)
328 days - Hfsco Limited
84 days - Industry AVG
Cash Balance
has cash to cover current liabilities
for 10 weeks, this is less cash available to meet short term requirements (24 weeks)
10 weeks - Hfsco Limited
24 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 41.7%, this is a lower level of debt than the average (52.2%)
41.7% - Hfsco Limited
52.2% - Industry AVG
HFSCO LIMITED financials
EXPORT
Hfsco Limited's latest turnover from December 2023 is estimated at £2.8 million and the company has net assets of £1.3 million. According to their latest financial statements, Hfsco Limited has 14 employees and maintains cash reserves of £174.2 thousand as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Dec 2023
Dec 2022
Dec 2021
Dec 2020
Dec 2019
Dec 2018
Dec 2017
Jun 2017
Turnover
2,773,678
3,183,853
3,844,562
2,399,849
1,709,801
1,343,084
1,111,477
939,770
Other Income Or Grants
Cost Of Sales
1,566,656
1,857,099
2,312,377
1,479,734
1,054,113
843,350
706,165
597,072
Gross Profit
1,207,022
1,326,755
1,532,185
920,115
655,688
499,734
405,312
342,697
Admin Expenses
1,191,262
1,381,385
1,470,555
714,593
476,417
469,703
457,133
390,527
Operating Profit
15,760
-54,630
61,630
205,522
179,271
30,031
-51,821
-47,830
Interest Payable
5,538
10,585
8,366
9,906
12,615
6,490
Interest Receivable
12,692
6,865
271
104
280
110
73
20
Pre-Tax Profit
22,915
-58,350
53,535
195,720
166,936
23,651
-51,748
-47,810
Tax
-5,729
-10,172
-37,187
-31,718
-4,494
Profit After Tax
17,186
-58,350
43,363
158,533
135,218
19,157
-51,748
-47,810
Dividends Paid
Retained Profit
17,186
-58,350
43,363
158,533
135,218
19,157
-51,748
-47,810
Employee Costs
464,438
449,139
413,892
269,747
196,545
132,107
51,673
50,436
Number Of Employees
14
16
16
11
7
5
2
2
EBITDA*
108,792
47,941
149,902
244,601
184,550
46,786
-44,093
-29,459
* Earnings Before Interest, Tax, Depreciation and Amortisation
Dec 2023
Dec 2022
Dec 2021
Dec 2020
Dec 2019
Dec 2018
Dec 2017
Jun 2017
Tangible Assets
312,723
312,496
334,760
244,376
108,155
6,000
3,849
Intangible Assets
5,318
8,714
13,712
22,465
36,648
29,882
Investments & Other
36,560
36,560
36,560
36,560
Debtors (Due After 1 year)
Total Fixed Assets
349,283
349,056
376,638
289,650
121,867
28,465
40,497
29,882
Stock & work in progress
1,408,531
1,445,275
1,112,575
850,406
381,647
248,079
260,168
30,381
Trade Debtors
274,969
291,239
518,523
235,168
197,258
154,926
107,579
112,913
Group Debtors
389
Misc Debtors
47,330
65,791
175,777
32,540
9,390
29,381
66,165
32,539
Cash
174,205
309,303
82,962
133,589
74,602
29,249
15,617
misc current assets
total current assets
1,905,035
2,111,608
1,890,226
1,251,703
662,897
432,386
463,161
191,450
total assets
2,254,318
2,460,664
2,266,864
1,541,353
784,764
460,851
503,658
221,332
Bank overdraft
38,084
192,304
Bank loan
98,451
27,213
39,322
Trade Creditors
145,752
469,299
643,882
359,335
235,429
152,638
201,631
156,934
Group/Directors Accounts
416,403
372,585
other short term finances
hp & lease commitments
other current liabilities
709,917
569,031
571,273
255,027
143,824
48,500
3,775
12,208
total current liabilities
855,669
1,136,781
1,658,771
1,026,269
417,337
393,442
205,406
169,142
loans
97,170
104,000
143,383
hp & lease commitments
Accruals and Deferred Income
other liabilities
45,641
78,462
24,585
15,215
250,000
provisions
39,649
27,710
27,938
25,339
6,202
total long term liabilities
85,290
27,710
203,570
153,924
164,800
250,000
total liabilities
940,959
1,164,491
1,862,341
1,180,193
582,137
393,442
455,406
169,142
net assets
1,313,359
1,296,173
404,523
361,160
202,627
67,409
48,252
52,190
total shareholders funds
1,313,359
1,296,173
404,523
361,160
202,627
67,409
48,252
52,190
Dec 2023
Dec 2022
Dec 2021
Dec 2020
Dec 2019
Dec 2018
Dec 2017
Jun 2017
Operating Activities
Operating Profit
15,760
-54,630
61,630
205,522
179,271
30,031
-51,821
-47,830
Depreciation
93,032
102,571
88,272
39,079
5,279
2,436
550
Amortisation
14,319
7,178
18,371
Tax
-5,729
-10,172
-37,187
-31,718
-4,494
Stock
-36,744
332,700
262,169
468,759
133,568
-12,089
260,168
30,381
Debtors
-34,731
-337,659
426,981
61,060
22,341
10,563
173,744
145,452
Creditors
-323,547
-174,583
284,547
123,906
82,791
-48,993
201,631
156,934
Accruals and Deferred Income
140,886
-2,242
316,246
111,203
95,324
44,725
3,775
12,208
Deferred Taxes & Provisions
11,939
-228
2,599
19,137
6,202
Cash flow from operations
3,816
-124,153
53,972
-68,159
181,240
39,550
-272,599
-36,150
Investing Activities
capital expenditure
-93,259
-74,989
-175,260
-170,302
-98,681
-4,723
-48,225
-48,253
Change in Investments
36,560
cash flow from investments
-93,259
-74,989
-175,260
-206,862
-98,681
-4,723
-48,225
-48,253
Financing Activities
Bank loans
-98,451
71,238
-12,109
39,322
Group/Directors Accounts
-416,403
43,818
372,585
Other Short Term Loans
Long term loans
-97,170
-6,830
-39,383
143,383
Hire Purchase and Lease Commitments
other long term liabilities
45,641
-78,462
53,877
9,370
15,215
-250,000
250,000
share issue
950,000
100,000
100,000
interest
7,154
-3,720
-8,095
-9,802
-12,335
-6,380
73
20
cash flow from financing
-45,656
425,483
70,661
372,092
146,263
-256,380
350,073
100,020
cash and cash equivalents
cash
-135,098
226,341
-50,627
58,987
74,602
-29,249
29,249
15,617
overdraft
-38,084
-154,220
192,304
change in cash
-135,098
226,341
-50,627
97,071
228,822
-221,553
29,249
15,617
hfsco limited 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 hfsco limited. Get real-time insights into hfsco limited's credit score, group structure and payment trends.
Perform a competitor analysis for hfsco limited by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other small companies, companies in LA5 area or any other competitors across 12 key performance metrics.
hfsco limited Ownership
HFSCO LIMITED group structure
Hfsco Limited has no subsidiary companies.
Ultimate parent company
HFSCO LIMITED
10245545
HFSCO LIMITED Shareholders
The largest shareholders in Hfsco Limited include Simon Whiley and Joseph Whiley.
simon whiley
92.38%
joseph whiley
2.38%
george whiley
2.38%
shavano park investments pty ltd
1.9%
lincoln gibson
0.95%
hfsco limited directors
Hfsco Limited currently has 4 directors.
The longest serving directors include
Mr Simon Whiley (Jun 2016) and
Mr Joseph Whiley (Jun 2016).
47530 - Retail sale of carpets, rugs, wall and floor coverings in specialised stores
incorporation date
June 2016
age
9
incorporated
UK
ultimate parent company
None
accounts
Total Exemption Full
last accounts submitted
December 2023
previous names
the hardwood floor store limited (August 2020)
accountant
-
auditor
-
address
unit 11 carnforth business park, oakwood way, carnforth, LA5 9FD
Bank
-
Legal Advisor
-
hfsco 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 found 1 charges/mortgages relating to hfsco limited. Currently there are 0 open charges and 1 have been satisfied in the past.
hfsco 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.
Click to start generating capital raising & share issue transactions for HFSCO LIMITED. This can take several minutes, an email will notify you when this has completed.
hfsco limitedCompanies House Filings - See Documents
