howard garages group limited
howard garages group limited Company Information
Company Number
11497432
Next Accounts
Sep 2025
Shareholders
peter francis coleman
laura lee
View AllGroup Structure
View All
Industry
Activities of head offices
Registered Address
- herluin way, weston-super-mare, BS23 3YX
Website
www.howardsgroup.co.ukhoward garages group limited Estimated Valuation
Pomanda estimates the enterprise value of HOWARD GARAGES GROUP LIMITED at £152.5m based on a Turnover of £198.8m and 0.77x industry multiple (adjusted for size and gross margin).
howard garages group limited Estimated Valuation
Pomanda estimates the enterprise value of HOWARD GARAGES GROUP LIMITED at £32.9m based on an EBITDA of £5.4m and a 6.07x industry multiple (adjusted for size and gross margin).
howard garages group limited Estimated Valuation
Pomanda estimates the enterprise value of HOWARD GARAGES GROUP LIMITED at £65.1m based on Net Assets of £30.9m and 2.11x industry multiple (adjusted for liquidity).
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Howard Garages Group Limited Overview
Howard Garages Group Limited is a live company located in weston-super-mare, BS23 3YX with a Companies House number of 11497432. It operates in the activities of head offices sector, SIC Code 70100. Founded in August 2018, it's largest shareholder is peter francis coleman with a 25% stake. Howard Garages Group Limited is a young, mega sized company, Pomanda has estimated its turnover at £198.8m with rapid growth in recent years.
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Howard Garages Group Limited Health Check
Pomanda's financial health check has awarded Howard Garages Group Limited a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 6 measures and has 4 areas for improvement. Company Health Check FAQs
6 Strong
2 Regular
4 Weak
Size
annual sales of £198.8m, make it larger than the average company (£20.2m)
£198.8m - Howard Garages Group Limited
£20.2m - Industry AVG
Growth
3 year (CAGR) sales growth of 517%, show it is growing at a faster rate (7.4%)
- Howard Garages Group Limited
7.4% - Industry AVG
Production
with a gross margin of 12.6%, this company has a higher cost of product (33.7%)
12.6% - Howard Garages Group Limited
33.7% - Industry AVG
Profitability
an operating margin of 2.4% make it less profitable than the average company (5.9%)
2.4% - Howard Garages Group Limited
5.9% - Industry AVG
Employees
with 263 employees, this is above the industry average (110)
263 - Howard Garages Group Limited
110 - Industry AVG
Pay Structure
on an average salary of £48.8k, the company has an equivalent pay structure (£49.9k)
£48.8k - Howard Garages Group Limited
£49.9k - Industry AVG
Efficiency
resulting in sales per employee of £755.8k, this is more efficient (£204.7k)
£755.8k - Howard Garages Group Limited
£204.7k - Industry AVG
Debtor Days
it gets paid by customers after 11 days, this is earlier than average (45 days)
11 days - Howard Garages Group Limited
45 days - Industry AVG
Creditor Days
its suppliers are paid after 45 days, this is close to average (42 days)
45 days - Howard Garages Group Limited
42 days - Industry AVG
Stock Days
it holds stock equivalent to 65 days, this is more than average (48 days)
65 days - Howard Garages Group Limited
48 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 6 weeks, this is less cash available to meet short term requirements (15 weeks)
6 weeks - Howard Garages Group Limited
15 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 48.4%, this is a lower level of debt than the average (55.6%)
48.4% - Howard Garages Group Limited
55.6% - Industry AVG
HOWARD GARAGES GROUP LIMITED financials
Howard Garages Group Limited's latest turnover from December 2023 is £198.8 million and the company has net assets of £30.9 million. According to their latest financial statements, Howard Garages Group Limited has 263 employees and maintains cash reserves of £3.4 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Aug 2019 | |
|---|---|---|---|---|---|---|
| Turnover | 198,768,527 | 174,855,044 | 151,916,407 | |||
| Other Income Or Grants | ||||||
| Cost Of Sales | 173,671,970 | 152,319,712 | 129,224,978 | |||
| Gross Profit | 25,096,557 | 22,535,332 | 22,691,429 | |||
| Admin Expenses | 20,406,808 | 18,386,310 | 17,166,441 | |||
| Operating Profit | 4,689,749 | 4,149,022 | 5,524,988 | |||
| Interest Payable | 514,328 | 146,742 | 130,856 | |||
| Interest Receivable | 174,706 | 27,470 | 14,474 | |||
| Pre-Tax Profit | 4,350,127 | 4,024,748 | 5,314,469 | |||
| Tax | -1,016,040 | -794,603 | -1,063,240 | |||
| Profit After Tax | 3,334,087 | 3,230,145 | 4,251,229 | |||
| Dividends Paid | 999,999 | 1,086,340 | 1,074,988 | |||
| Retained Profit | 2,334,088 | 2,143,805 | 3,176,241 | |||
| Employee Costs | 12,834,851 | 11,912,916 | 11,439,681 | |||
| Number Of Employees | 263 | 242 | 239 | 5 | 5 | 5 |
| EBITDA* | 5,424,774 | 4,795,478 | 6,136,357 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Aug 2019 | |
|---|---|---|---|---|---|---|
| Tangible Assets | 15,967,693 | 7,763,323 | 7,944,985 | 40,765 | 40,765 | 40,765 |
| Intangible Assets | 1,179,846 | |||||
| Investments & Other | ||||||
| Debtors (Due After 1 year) | ||||||
| Total Fixed Assets | 17,147,539 | 7,763,323 | 7,944,985 | 40,765 | 40,765 | 40,765 |
| Stock & work in progress | 30,977,611 | 28,396,706 | 21,170,946 | |||
| Trade Debtors | 6,168,582 | 1,352,635 | 2,621,170 | |||
| Group Debtors | ||||||
| Misc Debtors | 2,245,451 | 1,908,904 | 1,641,358 | |||
| Cash | 3,413,315 | 6,194,375 | 6,928,371 | |||
| misc current assets | ||||||
| total current assets | 42,804,959 | 37,852,620 | 32,361,845 | |||
| total assets | 59,952,498 | 45,615,943 | 40,306,830 | 40,765 | 40,765 | 40,765 |
| Bank overdraft | ||||||
| Bank loan | ||||||
| Trade Creditors | 21,602,154 | 15,905,889 | 12,639,682 | |||
| Group/Directors Accounts | ||||||
| other short term finances | 1,000,000 | 1,000,000 | 1,000,000 | |||
| hp & lease commitments | 2,085 | 25,000 | ||||
| other current liabilities | 5,222,152 | 4,282,173 | 4,468,768 | |||
| total current liabilities | 27,824,306 | 21,190,147 | 18,133,450 | |||
| loans | ||||||
| hp & lease commitments | 2,083 | |||||
| Accruals and Deferred Income | 289,928 | 361,387 | 307,842 | |||
| other liabilities | ||||||
| provisions | 933,967 | 317,396 | 260,247 | |||
| total long term liabilities | 1,223,895 | 678,783 | 570,172 | |||
| total liabilities | 29,048,201 | 21,868,930 | 18,703,622 | |||
| net assets | 30,904,297 | 23,747,013 | 21,603,208 | 40,765 | 40,765 | 40,765 |
| total shareholders funds | 30,904,297 | 23,747,013 | 21,603,208 | 40,765 | 40,765 | 40,765 |
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Aug 2019 | |
|---|---|---|---|---|---|---|
| Operating Activities | ||||||
| Operating Profit | 4,689,749 | 4,149,022 | 5,524,988 | |||
| Depreciation | 674,208 | 646,456 | 611,369 | |||
| Amortisation | 60,817 | |||||
| Tax | -1,016,040 | -794,603 | -1,063,240 | |||
| Stock | 2,580,905 | 7,225,760 | 21,170,946 | |||
| Debtors | 5,152,494 | -1,000,989 | 4,262,528 | |||
| Creditors | 5,696,265 | 3,266,207 | 12,639,682 | |||
| Accruals and Deferred Income | 868,520 | -133,050 | 4,776,610 | |||
| Deferred Taxes & Provisions | 616,571 | 57,149 | 260,247 | |||
| Cash flow from operations | 3,856,691 | 966,410 | -2,683,818 | |||
| Investing Activities | ||||||
| capital expenditure | ||||||
| Change in Investments | ||||||
| cash flow from investments | ||||||
| Financing Activities | ||||||
| Bank loans | ||||||
| Group/Directors Accounts | ||||||
| Other Short Term Loans | 1,000,000 | |||||
| Long term loans | ||||||
| Hire Purchase and Lease Commitments | -2,085 | -24,998 | 27,083 | |||
| other long term liabilities | ||||||
| share issue | ||||||
| interest | -339,622 | -119,272 | -116,382 | |||
| cash flow from financing | 4,481,489 | -144,270 | 19,296,903 | |||
| cash and cash equivalents | ||||||
| cash | -2,781,060 | -733,996 | 6,928,371 | |||
| overdraft | ||||||
| change in cash | -2,781,060 | -733,996 | 6,928,371 |
howard garages group limited Credit Report and Business Information
Howard Garages Group Limited Competitor Analysis
Perform a competitor analysis for howard garages group limited by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other mega companies, companies in BS23 area or any other competitors across 12 key performance metrics.
howard garages group limited Ownership
HOWARD GARAGES GROUP LIMITED group structure
Howard Garages Group Limited has 1 subsidiary company.
Ultimate parent company
HOWARD GARAGES GROUP LIMITED
11497432
1 subsidiary
howard garages group limited directors
Howard Garages Group Limited currently has 5 directors. The longest serving directors include Mr Peter Coleman (Aug 2018) and Mr Jonathan Coleman (Oct 2018).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Peter Coleman | United Kingdom | 73 years | Aug 2018 | - | Director |
| Mr Jonathan Coleman | United Kingdom | 42 years | Oct 2018 | - | Director |
| Mrs Laura Lee | United Kingdom | 40 years | Jun 2019 | - | Director |
| Mr Mark Eggar | England | 44 years | Jun 2023 | - | Director |
| Mr Christopher Lee | United Kingdom | 43 years | Jun 2023 | - | Director |
P&L
December 2023turnover
198.8m
+14%
operating profit
4.7m
+13%
gross margin
12.7%
-2.03%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
30.9m
+0.3%
total assets
60m
+0.31%
cash
3.4m
-0.45%
net assets
Total assets minus all liabilities
howard garages group limited company details
company number
11497432
Type
Private limited with Share Capital
industry
70100 - Activities of head offices
incorporation date
August 2018
age
7
incorporated
UK
ultimate parent company
accounts
Group
last accounts submitted
December 2023
previous names
N/A
accountant
-
auditor
UHY HACKER YOUNG MANCHESTER LLP
address
- herluin way, weston-super-mare, BS23 3YX
Bank
-
Legal Advisor
-
howard garages group 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 howard garages group limited.
howard garages group 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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howard garages group limited Companies House Filings - See Documents
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