russell hewes limited
russell hewes limited Company Information
Company Number
10422022
Website
www.russellhewes.co.ukRegistered Address
unit 6 blenheim business centre, locks lane, mitcham, CR4 2JX
Industry
Electrical installation
Telephone
02034413773
Next Accounts Due
July 2025
Group Structure
View All
Shareholders
russell hewes & alexandra miloserdovs 100%
russell hewes limited Estimated Valuation
Pomanda estimates the enterprise value of RUSSELL HEWES LIMITED at £314.6k based on a Turnover of £606.8k and 0.52x industry multiple (adjusted for size and gross margin).
russell hewes limited Estimated Valuation
Pomanda estimates the enterprise value of RUSSELL HEWES LIMITED at £1.1m based on an EBITDA of £213.1k and a 5.34x industry multiple (adjusted for size and gross margin).
russell hewes limited Estimated Valuation
Pomanda estimates the enterprise value of RUSSELL HEWES LIMITED at £37.8k based on Net Assets of £12.2k and 3.1x industry multiple (adjusted for liquidity).
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Russell Hewes Limited Overview
Russell Hewes Limited is a live company located in mitcham, CR4 2JX with a Companies House number of 10422022. It operates in the electrical installation sector, SIC Code 43210. Founded in October 2016, it's largest shareholder is russell hewes & alexandra miloserdovs with a 100% stake. Russell Hewes Limited is a young, small sized company, Pomanda has estimated its turnover at £606.8k with healthy growth in recent years.
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Russell Hewes Limited Health Check
Pomanda's financial health check has awarded Russell Hewes Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 5 areas for improvement. Company Health Check FAQs
3 Strong
4 Regular
5 Weak
Size
annual sales of £606.8k, make it smaller than the average company (£806.3k)
- Russell Hewes Limited
£806.3k - Industry AVG
Growth
3 year (CAGR) sales growth of 9%, show it is growing at a similar rate (8.4%)
- Russell Hewes Limited
8.4% - Industry AVG
Production
with a gross margin of 25.2%, this company has a comparable cost of product (25.2%)
- Russell Hewes Limited
25.2% - Industry AVG
Profitability
an operating margin of 33.1% make it more profitable than the average company (6.6%)
- Russell Hewes Limited
6.6% - Industry AVG
Employees
with 6 employees, this is below the industry average (10)
6 - Russell Hewes Limited
10 - Industry AVG
Pay Structure
on an average salary of £41.9k, the company has an equivalent pay structure (£41.9k)
- Russell Hewes Limited
£41.9k - Industry AVG
Efficiency
resulting in sales per employee of £101.1k, this is less efficient (£133.4k)
- Russell Hewes Limited
£133.4k - Industry AVG
Debtor Days
it gets paid by customers after 41 days, this is earlier than average (57 days)
- Russell Hewes Limited
57 days - Industry AVG
Creditor Days
its suppliers are paid after 86 days, this is slower than average (42 days)
- Russell Hewes Limited
42 days - Industry AVG
Stock Days
it holds stock equivalent to 13 days, this is more than average (7 days)
- Russell Hewes Limited
7 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 24 weeks, this is average cash available to meet short term requirements (22 weeks)
24 weeks - Russell Hewes Limited
22 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 96.2%, this is a higher level of debt than the average (61.6%)
96.2% - Russell Hewes Limited
61.6% - Industry AVG
RUSSELL HEWES LIMITED financials
Russell Hewes Limited's latest turnover from October 2023 is estimated at £606.8 thousand and the company has net assets of £12.2 thousand. According to their latest financial statements, Russell Hewes Limited has 6 employees and maintains cash reserves of £107.5 thousand 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 | |
|---|---|---|---|---|---|---|---|---|
| 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 | 6 | 8 | 12 | 12 | 12 | 5 | 2 | |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Oct 2023 | Oct 2022 | Oct 2021 | Oct 2020 | Oct 2019 | Oct 2018 | Oct 2017 | Oct 2016 | |
|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 13,687 | 24,756 | 37,485 | 49,106 | 3,986 | 5,978 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 13,687 | 24,756 | 37,485 | 49,106 | 3,986 | 5,978 | 0 | 0 |
| Stock & work in progress | 16,500 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 68,775 | 17,920 | 26,515 | 30,179 | 84,627 | 56,411 | 2,853 | 0 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 111,571 | 49,070 | 11,266 | 9,554 | 18,236 | 2,311 | 564 | 0 |
| Cash | 107,521 | 82,721 | 25,813 | 12,135 | 5,734 | 11,439 | 14,967 | 1 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 304,367 | 149,711 | 63,594 | 51,868 | 108,597 | 70,161 | 18,384 | 1 |
| total assets | 318,054 | 174,467 | 101,079 | 100,974 | 112,583 | 76,139 | 18,384 | 1 |
| Bank overdraft | 10,616 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 107,102 | 65,912 | 40,414 | 37,585 | 0 | 0 | 2,035 | 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 | 6,405 | 30,752 | 34,117 | 40,797 | 0 | 0 | 0 | 0 |
| other current liabilities | 102,510 | 88,887 | 177,201 | 140,506 | 69,403 | 45,579 | 3,682 | 0 |
| total current liabilities | 226,633 | 185,551 | 251,732 | 218,888 | 69,403 | 45,579 | 5,717 | 0 |
| loans | 15,102 | 35,833 | 45,833 | 50,000 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 17,571 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 46,537 | 92,505 | 0 | 0 | 0 | 0 | 11,742 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 79,210 | 128,338 | 45,833 | 50,000 | 0 | 0 | 11,742 | 0 |
| total liabilities | 305,843 | 313,889 | 297,565 | 268,888 | 69,403 | 45,579 | 17,459 | 0 |
| net assets | 12,211 | -139,422 | -196,486 | -167,914 | 43,180 | 30,560 | 925 | 1 |
| total shareholders funds | 12,211 | -139,422 | -196,486 | -167,914 | 43,180 | 30,560 | 925 | 1 |
| Oct 2023 | Oct 2022 | Oct 2021 | Oct 2020 | Oct 2019 | Oct 2018 | Oct 2017 | Oct 2016 | |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Operating Profit | ||||||||
| Depreciation | 12,254 | 13,957 | 13,711 | 13,377 | 1,992 | 1,992 | ||
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | ||
| Tax | ||||||||
| Stock | 16,500 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 113,356 | 29,209 | -1,952 | -63,130 | 44,141 | 55,305 | 3,417 | 0 |
| Creditors | 41,190 | 25,498 | 2,829 | 37,585 | 0 | -2,035 | 2,035 | 0 |
| Accruals and Deferred Income | 13,623 | -88,314 | 36,695 | 71,103 | 23,824 | 41,897 | 3,682 | 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 | 0 | 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 | -20,731 | -10,000 | -4,167 | 50,000 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | -6,776 | -3,365 | -6,680 | 40,797 | 0 | 0 | 0 | 0 |
| other long term liabilities | -45,968 | 92,505 | 0 | 0 | 0 | -11,742 | 11,742 | 0 |
| share issue | ||||||||
| interest | ||||||||
| cash flow from financing | ||||||||
| cash and cash equivalents | ||||||||
| cash | 24,800 | 56,908 | 13,678 | 6,401 | -5,705 | -3,528 | 14,966 | 1 |
| overdraft | 10,616 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 14,184 | 56,908 | 13,678 | 6,401 | -5,705 | -3,528 | 14,966 | 1 |
russell hewes limited Credit Report and Business Information
Russell Hewes Limited Competitor Analysis
Perform a competitor analysis for russell hewes limited by selecting its closest rivals, whether from the CONSTRUCTION sector, other small companies, companies in CR4 area or any other competitors across 12 key performance metrics.
russell hewes limited Ownership
RUSSELL HEWES LIMITED group structure
Russell Hewes Limited has no subsidiary companies.
Ultimate parent company
RUSSELL HEWES LIMITED
10422022
russell hewes limited directors
Russell Hewes Limited currently has 2 directors. The longest serving directors include Mr Russell Hewes (Oct 2016) and Miss Alexandra Miloserdovs (Oct 2022).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Russell Hewes | England | 37 years | Oct 2016 | - | Director |
| Miss Alexandra Miloserdovs | England | 35 years | Oct 2022 | - | Director |
P&L
October 2023turnover
606.8k
+48%
operating profit
200.8k
0%
gross margin
25.2%
+1.02%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
October 2023net assets
12.2k
-1.09%
total assets
318.1k
+0.82%
cash
107.5k
+0.3%
net assets
Total assets minus all liabilities
russell hewes limited company details
company number
10422022
Type
Private limited with Share Capital
industry
43210 - Electrical installation
incorporation date
October 2016
age
8
incorporated
UK
accounts
Total Exemption Full
ultimate parent company
previous names
russell hewes electricians limited (June 2024)
last accounts submitted
October 2023
address
unit 6 blenheim business centre, locks lane, mitcham, CR4 2JX
accountant
-
auditor
-
russell hewes 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 russell hewes limited.
russell hewes limited Companies House Filings - See Documents
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