hg mercury limited
hg mercury limited Company Information
Company Number
10528799
Next Accounts
Sep 2025
Shareholders
qf finances holdings limited
Group Structure
View All
Industry
Other credit granting (not including credit granting by non-deposit taking finance houses and other specialist consumer credit grantors and activities of mortgage finance companies) n.e.c.
Registered Address
4 hunting gate, hitchin, SG4 0TJ
Website
www.hgconstruct.co.ukhg mercury limited Estimated Valuation
Pomanda estimates the enterprise value of HG MERCURY LIMITED at £1.1m based on a Turnover of £841.9k and 1.34x industry multiple (adjusted for size and gross margin).
hg mercury limited Estimated Valuation
Pomanda estimates the enterprise value of HG MERCURY LIMITED at £0 based on an EBITDA of £-391.7k and a 4.64x industry multiple (adjusted for size and gross margin).
hg mercury limited Estimated Valuation
Pomanda estimates the enterprise value of HG MERCURY LIMITED at £49.9m based on Net Assets of £26.1m and 1.92x industry multiple (adjusted for liquidity).
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Hg Mercury Limited Overview
Hg Mercury Limited is a live company located in hitchin, SG4 0TJ with a Companies House number of 10528799. It operates in the other credit granting n.e.c. sector, SIC Code 64929. Founded in December 2016, it's largest shareholder is qf finances holdings limited with a 100% stake. Hg Mercury Limited is a young, small sized company, Pomanda has estimated its turnover at £841.9k with healthy growth in recent years.
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Hg Mercury Limited Health Check
Pomanda's financial health check has awarded Hg Mercury Limited a 4 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 3 areas for improvement. Company Health Check FAQs
3 Strong
3 Regular
3 Weak
Size
annual sales of £841.9k, make it smaller than the average company (£4.9m)
- Hg Mercury Limited
£4.9m - Industry AVG
Growth
3 year (CAGR) sales growth of 10%, show it is growing at a faster rate (6.6%)
- Hg Mercury Limited
6.6% - Industry AVG
Production
with a gross margin of 62.5%, this company has a comparable cost of product (62.5%)
- Hg Mercury Limited
62.5% - Industry AVG
Profitability
an operating margin of -46.5% make it less profitable than the average company (28.5%)
- Hg Mercury Limited
28.5% - Industry AVG
Employees
with 2 employees, this is below the industry average (5)
2 - Hg Mercury Limited
5 - Industry AVG
Pay Structure
on an average salary of £67.5k, the company has an equivalent pay structure (£67.5k)
- Hg Mercury Limited
£67.5k - Industry AVG
Efficiency
resulting in sales per employee of £420.9k, this is equally as efficient (£420.9k)
- Hg Mercury Limited
£420.9k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Hg Mercury Limited
- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- Hg Mercury Limited
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Hg Mercury Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 1068 weeks, this is more cash available to meet short term requirements (9 weeks)
1068 weeks - Hg Mercury Limited
9 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 2%, this is a lower level of debt than the average (89.5%)
2% - Hg Mercury Limited
89.5% - Industry AVG
HG MERCURY LIMITED financials
Hg Mercury Limited's latest turnover from December 2023 is estimated at £841.9 thousand and the company has net assets of £26.1 million. According to their latest financial statements, Hg Mercury Limited has 2 employees and maintains cash reserves of £10.7 million 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 | |
|---|---|---|---|---|---|---|---|
| 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 | 2 | 2 |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | |
|---|---|---|---|---|---|---|---|
| Tangible Assets | |||||||
| Intangible Assets | |||||||
| Investments & Other | 1,485,000 | ||||||
| Debtors (Due After 1 year) | 5,687,354 | 4,679,389 | 8,402,500 | 10,000,000 | 10,000,000 | 10,000,000 | 2,562,000 |
| Total Fixed Assets | 5,687,354 | 4,679,389 | 9,887,500 | 10,000,000 | 10,000,000 | 10,000,000 | 2,562,000 |
| Stock & work in progress | |||||||
| Trade Debtors | |||||||
| Group Debtors | 10,000 | ||||||
| Misc Debtors | 10,232,785 | 7,298,932 | 2,256,848 | 436,000 | 215,000 | ||
| Cash | 10,650,698 | 14,402,664 | 13,417,165 | 513,000 | 59,000 | ||
| misc current assets | |||||||
| total current assets | 20,883,483 | 21,701,596 | 15,674,013 | 513,000 | 495,000 | 225,000 | |
| total assets | 26,570,837 | 26,380,985 | 25,561,513 | 10,513,000 | 10,495,000 | 10,225,000 | 2,562,000 |
| Bank overdraft | |||||||
| Bank loan | |||||||
| Trade Creditors | |||||||
| Group/Directors Accounts | 1,000 | ||||||
| other short term finances | |||||||
| hp & lease commitments | |||||||
| other current liabilities | 518,534 | 528,152 | 16,005 | 18,000 | 61,000 | 33,000 | 12,000 |
| total current liabilities | 518,534 | 528,152 | 16,005 | 18,000 | 62,000 | 33,000 | 12,000 |
| loans | |||||||
| hp & lease commitments | |||||||
| Accruals and Deferred Income | |||||||
| other liabilities | |||||||
| provisions | |||||||
| total long term liabilities | |||||||
| total liabilities | 518,534 | 528,152 | 16,005 | 18,000 | 62,000 | 33,000 | 12,000 |
| net assets | 26,052,303 | 25,852,833 | 25,545,508 | 10,495,000 | 10,433,000 | 10,192,000 | 2,550,000 |
| total shareholders funds | 26,052,303 | 25,852,833 | 25,545,508 | 10,495,000 | 10,433,000 | 10,192,000 | 2,550,000 |
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | |
|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||
| Operating Profit | |||||||
| Depreciation | |||||||
| Amortisation | |||||||
| Tax | |||||||
| Stock | |||||||
| Debtors | 3,941,818 | 1,318,973 | 659,348 | -436,000 | 211,000 | 7,663,000 | 2,562,000 |
| Creditors | |||||||
| Accruals and Deferred Income | -9,618 | 512,147 | -1,995 | -43,000 | 28,000 | 21,000 | 12,000 |
| Deferred Taxes & Provisions | |||||||
| Cash flow from operations | |||||||
| Investing Activities | |||||||
| capital expenditure | |||||||
| Change in Investments | -1,485,000 | 1,485,000 | |||||
| cash flow from investments | |||||||
| Financing Activities | |||||||
| Bank loans | |||||||
| Group/Directors Accounts | -1,000 | 1,000 | |||||
| Other Short Term Loans | |||||||
| Long term loans | |||||||
| Hire Purchase and Lease Commitments | |||||||
| other long term liabilities | |||||||
| share issue | |||||||
| interest | |||||||
| cash flow from financing | |||||||
| cash and cash equivalents | |||||||
| cash | -3,751,966 | 985,499 | 12,904,165 | 454,000 | 59,000 | ||
| overdraft | |||||||
| change in cash | -3,751,966 | 985,499 | 12,904,165 | 454,000 | 59,000 |
hg mercury limited Credit Report and Business Information
Hg Mercury Limited Competitor Analysis
Perform a competitor analysis for hg mercury limited by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other small companies, companies in SG4 area or any other competitors across 12 key performance metrics.
hg mercury limited Ownership
HG MERCURY LIMITED group structure
Hg Mercury Limited has no subsidiary companies.
hg mercury limited directors
Hg Mercury Limited currently has 2 directors. The longest serving directors include Mr Kevin Quinn (Dec 2016) and Mr Christopher Benham (Dec 2016).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Kevin Quinn | United Kingdom | 66 years | Dec 2016 | - | Director |
| Mr Christopher Benham | United Kingdom | 67 years | Dec 2016 | - | Director |
P&L
December 2023turnover
841.9k
+7%
operating profit
-391.7k
0%
gross margin
62.6%
-7.83%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
26.1m
+0.01%
total assets
26.6m
+0.01%
cash
10.7m
-0.26%
net assets
Total assets minus all liabilities
hg mercury limited company details
company number
10528799
Type
Private limited with Share Capital
industry
64929 - Other credit granting (not including credit granting by non-deposit taking finance houses and other specialist consumer credit grantors and activities of mortgage finance companies) n.e.c.
incorporation date
December 2016
age
9
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
December 2023
previous names
hg finance limited (October 2017)
accountant
-
auditor
-
address
4 hunting gate, hitchin, SG4 0TJ
Bank
-
Legal Advisor
-
hg mercury 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 hg mercury limited. Currently there are 0 open charges and 1 have been satisfied in the past.
hg mercury 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 HG MERCURY LIMITED. This can take several minutes, an email will notify you when this has completed.
hg mercury limited Companies House Filings - See Documents
| date | description | view/download |
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