hermeq uk holdings limited
hermeq uk holdings limited Company Information
Company Number
12104023
Next Accounts
Jan 2026
Shareholders
george melhuish
Group Structure
View All
Industry
Activities of other holding companies (not including agricultural, production, construction, distribution and financial services holding companies) n.e.c.
Registered Address
safe fence holdings ltd, sams lane, west bromwich, B70 7ED
Website
-hermeq uk holdings limited Estimated Valuation
Pomanda estimates the enterprise value of HERMEQ UK HOLDINGS LIMITED at £59m based on a Turnover of £36.5m and 1.62x industry multiple (adjusted for size and gross margin).
hermeq uk holdings limited Estimated Valuation
Pomanda estimates the enterprise value of HERMEQ UK HOLDINGS LIMITED at £15.4m based on an EBITDA of £2.3m and a 6.71x industry multiple (adjusted for size and gross margin).
hermeq uk holdings limited Estimated Valuation
Pomanda estimates the enterprise value of HERMEQ UK HOLDINGS LIMITED at £10.3m based on Net Assets of £7.7m and 1.34x industry multiple (adjusted for liquidity).
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Hermeq Uk Holdings Limited Overview
Hermeq Uk Holdings Limited is a live company located in west bromwich, B70 7ED with a Companies House number of 12104023. It operates in the activities of other holding companies n.e.c. sector, SIC Code 64209. Founded in July 2019, it's largest shareholder is george melhuish with a 100% stake. Hermeq Uk Holdings Limited is a young, large sized company, Pomanda has estimated its turnover at £36.5m with rapid growth in recent years.
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Hermeq Uk Holdings Limited Health Check
Pomanda's financial health check has awarded Hermeq Uk Holdings Limited a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 5 areas for improvement. Company Health Check FAQs
5 Strong
2 Regular
5 Weak
Size
annual sales of £36.5m, make it larger than the average company (£19.6m)
£36.5m - Hermeq Uk Holdings Limited
£19.6m - Industry AVG
Growth
3 year (CAGR) sales growth of 38%, show it is growing at a faster rate (12.1%)
38% - Hermeq Uk Holdings Limited
12.1% - Industry AVG
Production
with a gross margin of 19.5%, this company has a higher cost of product (34.8%)
19.5% - Hermeq Uk Holdings Limited
34.8% - Industry AVG
Profitability
an operating margin of 3.5% make it less profitable than the average company (4.7%)
3.5% - Hermeq Uk Holdings Limited
4.7% - Industry AVG
Employees
with 97 employees, this is similar to the industry average (106)
97 - Hermeq Uk Holdings Limited
106 - Industry AVG
Pay Structure
on an average salary of £41.4k, the company has an equivalent pay structure (£45k)
£41.4k - Hermeq Uk Holdings Limited
£45k - Industry AVG
Efficiency
resulting in sales per employee of £376.2k, this is more efficient (£194.6k)
£376.2k - Hermeq Uk Holdings Limited
£194.6k - Industry AVG
Debtor Days
it gets paid by customers after 69 days, this is later than average (44 days)
69 days - Hermeq Uk Holdings Limited
44 days - Industry AVG
Creditor Days
its suppliers are paid after 80 days, this is slower than average (43 days)
80 days - Hermeq Uk Holdings Limited
43 days - Industry AVG
Stock Days
it holds stock equivalent to 65 days, this is more than average (37 days)
65 days - Hermeq Uk Holdings Limited
37 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 4 weeks, this is less cash available to meet short term requirements (13 weeks)
4 weeks - Hermeq Uk Holdings Limited
13 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 57.8%, this is a lower level of debt than the average (68.4%)
57.8% - Hermeq Uk Holdings Limited
68.4% - Industry AVG
HERMEQ UK HOLDINGS LIMITED financials
Hermeq Uk Holdings Limited's latest turnover from April 2024 is £36.5 million and the company has net assets of £7.7 million. According to their latest financial statements, Hermeq Uk Holdings Limited has 97 employees and maintains cash reserves of £633.5 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Apr 2024 | Apr 2023 | Apr 2022 | Apr 2021 | Apr 2020 | |
|---|---|---|---|---|---|
| Turnover | 36,495,720 | 33,118,173 | 24,409,594 | 13,968,471 | |
| Other Income Or Grants | |||||
| Cost Of Sales | 29,381,429 | 27,089,145 | 19,444,581 | 11,417,870 | |
| Gross Profit | 7,114,291 | 6,029,028 | 4,965,013 | 2,550,601 | |
| Admin Expenses | 5,847,278 | 2,554,876 | 2,163,404 | 773,203 | |
| Operating Profit | 1,267,013 | 3,474,152 | 2,801,609 | 1,777,398 | |
| Interest Payable | 117,077 | 83,695 | 33,655 | 31,359 | |
| Interest Receivable | 12,481 | ||||
| Pre-Tax Profit | 1,067,519 | 3,390,457 | 2,767,954 | 1,746,039 | |
| Tax | -278,885 | -648,546 | -538,487 | -332,240 | |
| Profit After Tax | 788,634 | 2,741,911 | 2,229,467 | 1,413,799 | |
| Dividends Paid | 316,701 | 424,242 | 263,994 | 92,113 | |
| Retained Profit | 471,933 | 2,317,669 | 1,965,473 | 1,321,686 | |
| Employee Costs | 4,011,698 | 2,218,313 | 1,242,752 | 502,666 | |
| Number Of Employees | 97 | 58 | 37 | 21 | |
| EBITDA* | 2,290,759 | 3,897,041 | 2,955,151 | 1,845,442 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Apr 2024 | Apr 2023 | Apr 2022 | Apr 2021 | Apr 2020 | |
|---|---|---|---|---|---|
| Tangible Assets | 4,407,257 | 4,662,611 | 2,121,057 | 1,842,051 | 1,586,795 |
| Intangible Assets | |||||
| Investments & Other | 550,000 | 644,898 | 644,898 | 100 | |
| Debtors (Due After 1 year) | |||||
| Total Fixed Assets | 4,957,257 | 5,307,509 | 2,765,955 | 1,842,051 | 1,586,895 |
| Stock & work in progress | 5,253,265 | 4,213,513 | 2,079,619 | 265,327 | |
| Trade Debtors | 6,915,983 | 6,026,908 | 4,367,433 | 1,796,042 | |
| Group Debtors | |||||
| Misc Debtors | 442,400 | 924,511 | 82,851 | 32,834 | |
| Cash | 633,517 | 1,204,003 | 1,122,890 | 1,414,529 | 24,773 |
| misc current assets | 297,203 | ||||
| total current assets | 13,245,165 | 12,368,935 | 7,652,793 | 3,508,732 | 321,976 |
| total assets | 18,202,422 | 17,676,444 | 10,418,748 | 5,350,783 | 1,908,871 |
| Bank overdraft | 74,390 | 57,928 | 56,240 | ||
| Bank loan | 94,094 | 57,721 | |||
| Trade Creditors | 6,512,406 | 7,369,396 | 3,647,189 | 1,263,186 | |
| Group/Directors Accounts | 493,490 | ||||
| other short term finances | |||||
| hp & lease commitments | 374,486 | 338,936 | |||
| other current liabilities | 930,907 | 347,323 | 650,832 | 355,408 | |
| total current liabilities | 7,911,893 | 8,113,376 | 4,372,411 | 1,676,522 | 549,730 |
| loans | 1,613,376 | 1,201,589 | 1,252,659 | 931,123 | 989,083 |
| hp & lease commitments | 314,017 | 614,744 | |||
| Accruals and Deferred Income | |||||
| other liabilities | |||||
| provisions | 678,518 | 768,954 | 133,566 | 48,499 | |
| total long term liabilities | 2,605,911 | 2,585,287 | 1,386,225 | 979,622 | 989,083 |
| total liabilities | 10,517,804 | 10,698,663 | 5,758,636 | 2,656,144 | 1,538,813 |
| net assets | 7,684,618 | 6,977,781 | 4,660,112 | 2,694,639 | 370,058 |
| total shareholders funds | 7,684,618 | 6,977,781 | 4,660,112 | 2,694,639 | 370,058 |
| Apr 2024 | Apr 2023 | Apr 2022 | Apr 2021 | Apr 2020 | |
|---|---|---|---|---|---|
| Operating Activities | |||||
| Operating Profit | 1,267,013 | 3,474,152 | 2,801,609 | 1,777,398 | |
| Depreciation | 1,023,746 | 422,889 | 153,542 | 68,044 | |
| Amortisation | |||||
| Tax | -278,885 | -648,546 | -538,487 | -332,240 | |
| Stock | 1,039,752 | 2,133,894 | 1,814,292 | 265,327 | |
| Debtors | 406,964 | 2,501,135 | 2,621,408 | 1,828,876 | |
| Creditors | -856,990 | 3,722,207 | 2,384,003 | 1,263,186 | |
| Accruals and Deferred Income | 583,584 | -303,509 | 295,424 | 355,408 | |
| Deferred Taxes & Provisions | -90,436 | 635,388 | 85,067 | 48,499 | |
| Cash flow from operations | 201,316 | 2,667,552 | 745,458 | 1,086,092 | |
| Investing Activities | |||||
| capital expenditure | |||||
| Change in Investments | -94,898 | 644,898 | -100 | 100 | |
| cash flow from investments | 94,898 | -644,898 | 100 | ||
| Financing Activities | |||||
| Bank loans | 36,373 | 57,721 | |||
| Group/Directors Accounts | -493,490 | 493,490 | |||
| Other Short Term Loans | |||||
| Long term loans | 411,787 | -51,070 | 321,536 | -57,960 | 989,083 |
| Hire Purchase and Lease Commitments | -265,177 | 953,680 | |||
| other long term liabilities | |||||
| share issue | |||||
| interest | -104,596 | -83,695 | -33,655 | -31,359 | |
| cash flow from financing | 313,291 | 876,636 | 287,881 | 420,086 | |
| cash and cash equivalents | |||||
| cash | -570,486 | 81,113 | -291,639 | 1,389,756 | 24,773 |
| overdraft | -74,390 | 16,462 | 1,688 | 56,240 | |
| change in cash | -570,486 | 155,503 | -308,101 | 1,388,068 | -31,467 |
hermeq uk holdings limited Credit Report and Business Information
Hermeq Uk Holdings Limited Competitor Analysis
Perform a competitor analysis for hermeq uk holdings limited by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other large companies, companies in B70 area or any other competitors across 12 key performance metrics.
hermeq uk holdings limited Ownership
HERMEQ UK HOLDINGS LIMITED group structure
Hermeq Uk Holdings Limited has 2 subsidiary companies.
Ultimate parent company
HERMEQ UK HOLDINGS LIMITED
12104023
2 subsidiaries
hermeq uk holdings limited directors
Hermeq Uk Holdings Limited currently has 3 directors. The longest serving directors include Mr George Melhuish (Jul 2019) and Mr George Melhuish (Jul 2019).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr George Melhuish | England | 32 years | Jul 2019 | - | Director |
| Mr George Melhuish | England | 32 years | Jul 2019 | - | Director |
| Mrs Peaches Thorne | England | 35 years | Jul 2021 | - | Director |
P&L
April 2024turnover
36.5m
+10%
operating profit
1.3m
-64%
gross margin
19.5%
+7.08%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
April 2024net assets
7.7m
+0.1%
total assets
18.2m
+0.03%
cash
633.5k
-0.47%
net assets
Total assets minus all liabilities
hermeq uk holdings limited company details
company number
12104023
Type
Private limited with Share Capital
industry
64209 - Activities of other holding companies (not including agricultural, production, construction, distribution and financial services holding companies) n.e.c.
incorporation date
July 2019
age
6
incorporated
UK
ultimate parent company
accounts
Group
last accounts submitted
April 2024
previous names
safe fence holdings limited (March 2023)
accountant
-
auditor
MICHAEL DUFTY PARTNERSHIP LTD
address
safe fence holdings ltd, sams lane, west bromwich, B70 7ED
Bank
-
Legal Advisor
-
hermeq uk holdings 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 7 charges/mortgages relating to hermeq uk holdings limited. Currently there are 3 open charges and 4 have been satisfied in the past.
hermeq uk holdings 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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hermeq uk holdings limited Companies House Filings - See Documents
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