horrocks waste management limited
horrocks waste management limited Company Information
Company Number
11389532
Next Accounts
61 days late
Shareholders
gifford (bowdon) limited
Group Structure
View All
Industry
Remediation activities and other waste management services.
Registered Address
c/o westchurch homes, kennedy house, altrincham, WA14 1ES
Website
horrockswaste.co.ukhorrocks waste management limited Estimated Valuation
Pomanda estimates the enterprise value of HORROCKS WASTE MANAGEMENT LIMITED at £143k based on a Turnover of £254.1k and 0.56x industry multiple (adjusted for size and gross margin).
horrocks waste management limited Estimated Valuation
Pomanda estimates the enterprise value of HORROCKS WASTE MANAGEMENT LIMITED at £0 based on an EBITDA of £-48.4k and a 3.71x industry multiple (adjusted for size and gross margin).
horrocks waste management limited Estimated Valuation
Pomanda estimates the enterprise value of HORROCKS WASTE MANAGEMENT LIMITED at £0 based on Net Assets of £-286.6k and 2.57x industry multiple (adjusted for liquidity).
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Horrocks Waste Management Limited Overview
Horrocks Waste Management Limited is a live company located in altrincham, WA14 1ES with a Companies House number of 11389532. It operates in the remediation activities and other waste management services sector, SIC Code 39000. Founded in May 2018, it's largest shareholder is gifford (bowdon) limited with a 100% stake. Horrocks Waste Management Limited is a young, micro sized company, Pomanda has estimated its turnover at £254.1k with high growth in recent years.
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Horrocks Waste Management Limited Health Check
Pomanda's financial health check has awarded Horrocks Waste Management Limited a 2 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 6 areas for improvement. Company Health Check FAQs
2 Strong
3 Regular
6 Weak
Size
annual sales of £254.1k, make it smaller than the average company (£11.8m)
- Horrocks Waste Management Limited
£11.8m - Industry AVG
Growth
3 year (CAGR) sales growth of 22%, show it is growing at a faster rate (6.1%)
- Horrocks Waste Management Limited
6.1% - Industry AVG
Production
with a gross margin of 21.9%, this company has a comparable cost of product (21.9%)
- Horrocks Waste Management Limited
21.9% - Industry AVG
Profitability
an operating margin of -36.4% make it less profitable than the average company (5.3%)
- Horrocks Waste Management Limited
5.3% - Industry AVG
Employees
with 3 employees, this is below the industry average (46)
3 - Horrocks Waste Management Limited
46 - Industry AVG
Pay Structure
on an average salary of £43.7k, the company has an equivalent pay structure (£43.7k)
- Horrocks Waste Management Limited
£43.7k - Industry AVG
Efficiency
resulting in sales per employee of £84.7k, this is less efficient (£196.6k)
- Horrocks Waste Management Limited
£196.6k - Industry AVG
Debtor Days
it gets paid by customers after 31 days, this is earlier than average (52 days)
- Horrocks Waste Management Limited
52 days - Industry AVG
Creditor Days
its suppliers are paid after 39 days, this is close to average (42 days)
- Horrocks Waste Management Limited
42 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Horrocks Waste Management Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 2 weeks, this is less cash available to meet short term requirements (12 weeks)
2 weeks - Horrocks Waste Management Limited
12 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 152.9%, this is a higher level of debt than the average (67.8%)
152.9% - Horrocks Waste Management Limited
67.8% - Industry AVG
HORROCKS WASTE MANAGEMENT LIMITED financials
Horrocks Waste Management Limited's latest turnover from March 2023 is estimated at £254.1 thousand and the company has net assets of -£286.6 thousand. According to their latest financial statements, Horrocks Waste Management Limited has 3 employees and maintains cash reserves of £1.9 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2023 | May 2022 | May 2021 | May 2020 | May 2019 | |
|---|---|---|---|---|---|
| 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 | 3 | 3 | 3 | 2 | |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2023 | May 2022 | May 2021 | May 2020 | May 2019 | |
|---|---|---|---|---|---|
| Tangible Assets | 431,828 | 392,517 | 123,236 | 143,511 | 11,667 |
| Intangible Assets | |||||
| Investments & Other | 100 | ||||
| Debtors (Due After 1 year) | |||||
| Total Fixed Assets | 431,928 | 392,517 | 123,236 | 143,511 | 11,667 |
| Stock & work in progress | |||||
| Trade Debtors | 22,169 | 14,257 | 7,859 | 555 | |
| Group Debtors | |||||
| Misc Debtors | 86,067 | 53,393 | 34,778 | 1,126 | |
| Cash | 1,935 | 14,131 | 1,475 | 7,203 | 60 |
| misc current assets | |||||
| total current assets | 110,171 | 81,781 | 44,112 | 7,758 | 1,186 |
| total assets | 542,099 | 474,298 | 167,348 | 151,269 | 12,853 |
| Bank overdraft | 4,419 | 4,400 | |||
| Bank loan | |||||
| Trade Creditors | 21,595 | 4,507 | 2,533 | ||
| Group/Directors Accounts | |||||
| other short term finances | |||||
| hp & lease commitments | |||||
| other current liabilities | 11,673 | 27,506 | 8,740 | 5,171 | 25,097 |
| total current liabilities | 37,687 | 36,413 | 11,273 | 5,171 | 25,097 |
| loans | 9,361 | 12,664 | 20,750 | ||
| hp & lease commitments | |||||
| Accruals and Deferred Income | |||||
| other liabilities | 781,666 | 617,974 | 272,835 | 199,415 | |
| provisions | |||||
| total long term liabilities | 791,027 | 630,638 | 293,585 | 199,415 | |
| total liabilities | 828,714 | 667,051 | 304,858 | 204,586 | 25,097 |
| net assets | -286,615 | -192,753 | -137,510 | -53,317 | -12,244 |
| total shareholders funds | -286,615 | -192,753 | -137,510 | -53,317 | -12,244 |
| Mar 2023 | May 2022 | May 2021 | May 2020 | May 2019 | |
|---|---|---|---|---|---|
| Operating Activities | |||||
| Operating Profit | |||||
| Depreciation | 44,190 | 14,312 | 28,940 | 16,291 | 2,333 |
| Amortisation | |||||
| Tax | |||||
| Stock | |||||
| Debtors | 40,586 | 25,013 | 42,082 | -571 | 1,126 |
| Creditors | 17,088 | 1,974 | 2,533 | ||
| Accruals and Deferred Income | -15,833 | 18,766 | 3,569 | -19,926 | 25,097 |
| Deferred Taxes & Provisions | |||||
| Cash flow from operations | |||||
| Investing Activities | |||||
| capital expenditure | |||||
| Change in Investments | 100 | ||||
| cash flow from investments | |||||
| Financing Activities | |||||
| Bank loans | |||||
| Group/Directors Accounts | |||||
| Other Short Term Loans | |||||
| Long term loans | -3,303 | -8,086 | 20,750 | ||
| Hire Purchase and Lease Commitments | |||||
| other long term liabilities | 163,692 | 345,139 | 73,420 | 199,415 | |
| share issue | |||||
| interest | |||||
| cash flow from financing | |||||
| cash and cash equivalents | |||||
| cash | -12,196 | 12,656 | -5,728 | 7,143 | 60 |
| overdraft | 19 | 4,400 | |||
| change in cash | -12,215 | 8,256 | -5,728 | 7,143 | 60 |
horrocks waste management limited Credit Report and Business Information
Horrocks Waste Management Limited Competitor Analysis
Perform a competitor analysis for horrocks waste management limited by selecting its closest rivals, whether from the WATER SUPPLY; SEWERAGE, WASTE MANAGEMENT AND REMEDIATION ACTIVITIES sector, other micro companies, companies in WA14 area or any other competitors across 12 key performance metrics.
horrocks waste management limited Ownership
HORROCKS WASTE MANAGEMENT LIMITED group structure
Horrocks Waste Management Limited has 1 subsidiary company.
Ultimate parent company
1 parent
HORROCKS WASTE MANAGEMENT LIMITED
11389532
1 subsidiary
horrocks waste management limited directors
Horrocks Waste Management Limited currently has 5 directors. The longest serving directors include Mr William Turbefield (May 2018) and Miss Abigail Thompson (May 2018).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr William Turbefield | England | 40 years | May 2018 | - | Director |
| Miss Abigail Thompson | England | 38 years | May 2018 | - | Director |
| Mr Maximilian Topham | England | 24 years | Apr 2023 | - | Director |
| Mr Charles Topham | 70 years | Apr 2023 | - | Director | |
| Mrs Brona Lacey | United Kingdom | 47 years | Nov 2023 | - | Director |
P&L
March 2023turnover
254.1k
+29%
operating profit
-92.6k
0%
gross margin
22%
-5.78%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2023net assets
-286.6k
+0.49%
total assets
542.1k
+0.14%
cash
1.9k
-0.86%
net assets
Total assets minus all liabilities
horrocks waste management limited company details
company number
11389532
Type
Private limited with Share Capital
industry
39000 - Remediation activities and other waste management services.
incorporation date
May 2018
age
7
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
March 2023
previous names
N/A
accountant
DANIEL SAM LIMITED
auditor
-
address
c/o westchurch homes, kennedy house, altrincham, WA14 1ES
Bank
-
Legal Advisor
-
horrocks waste management 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 horrocks waste management limited.
horrocks waste management 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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horrocks waste management limited Companies House Filings - See Documents
| date | description | view/download |
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