Pomanda estimates the enterprise value of HUGHES RENTAL LIMITED at £20.1m based on a Turnover of £23.3m and 0.86x industry multiple (adjusted for size and gross margin).
hughes rental limitedEstimated Valuation
£40.3m
Pomanda estimates the enterprise value of HUGHES RENTAL LIMITED at £40.3m based on an EBITDA of £10.3m and a 3.92x industry multiple (adjusted for size and gross margin).
hughes rental limitedEstimated Valuation
£4m
Pomanda estimates the enterprise value of HUGHES RENTAL LIMITED at £4m based on Net Assets of £2.5m and 1.56x industry multiple (adjusted for liquidity).
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Hughes Rental LimitedOverview
Hughes Rental Limited is a live company located in beccles, NR34 7FD with a Companies House number of 13057497. It operates in the renting and leasing of media entertainment equipment sector, SIC Code 77291. Founded in December 2020, it's largest shareholder is
hughes electrical limited
with a 100% stake. Hughes Rental Limited is a young,
large sized company, Pomanda has estimated its turnover at
£23.3m with
unknown
growth in recent years.
Pomanda's financial health check has awarded Hughes Rental Limited a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 6 measures and has 1 areas for improvement. Company Health Check FAQs
Health Rating4.5out of 5
6 Strong
1 Regular
1 Weak
Size
annual sales of £23.3m, make it larger than the average company (£6m)
£23.3m - Hughes Rental Limited
£6m - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- - Hughes Rental Limited
- - Industry AVG
Production
with a gross margin of 76.2%, this company has a lower cost of product (63.2%)
76.2% - Hughes Rental Limited
63.2% - Industry AVG
Profitability
an operating margin of 10.7% make it more profitable than the average company (6.1%)
10.7% - Hughes Rental Limited
6.1% - Industry AVG
Employees
with 26 employees, this is similar to the industry average (27)
26 - Hughes Rental Limited
27 - Industry AVG
Pay Structure
on an average salary of £25.8k, the company has a lower pay structure (£33.8k)
£25.8k - Hughes Rental Limited
£33.8k - Industry AVG
Efficiency
resulting in sales per employee of £897.6k, this is more efficient (£149.9k)
£897.6k - Hughes Rental Limited
£149.9k - Industry AVG
Debtor Days
it gets paid by customers after 5 days, this is earlier than average (18 days)
5 days - Hughes Rental Limited
18 days - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- - Hughes Rental Limited
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Hughes Rental Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Hughes Rental Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 85.3%, this is a higher level of debt than the average (66.7%)
85.3% - Hughes Rental Limited
66.7% - Industry AVG
HUGHES RENTAL LIMITED financials
EXPORT
Hughes Rental Limited's latest turnover from March 2024 is £23.3 million and the company has net assets of £2.5 million. According to their latest financial statements, Hughes Rental Limited has 26 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Mar 2024
Mar 2023
Mar 2022
Turnover
23,338,193
23,237,785
23,564,871
Other Income Or Grants
Cost Of Sales
5,562,254
5,421,294
5,750,511
Gross Profit
17,775,939
17,816,491
17,814,360
Admin Expenses
15,285,770
15,569,277
15,490,866
Operating Profit
2,490,169
2,247,214
2,323,494
Interest Payable
728,561
532,547
292,012
Interest Receivable
Pre-Tax Profit
1,761,608
1,714,667
2,031,482
Tax
-607,297
-1,102,383
-363,204
Profit After Tax
1,154,311
612,284
1,668,278
Dividends Paid
1,000,000
Retained Profit
1,154,311
612,284
668,278
Employee Costs
670,049
598,316
692,253
Number Of Employees
26
25
28
EBITDA*
10,260,104
10,121,296
10,200,394
* Earnings Before Interest, Tax, Depreciation and Amortisation
Mar 2024
Mar 2023
Mar 2022
Tangible Assets
11,758,262
13,046,674
13,304,142
Intangible Assets
4,049,184
6,073,774
8,098,367
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
15,807,446
19,120,448
21,402,509
Stock & work in progress
Trade Debtors
354,152
375,091
170,970
Group Debtors
Misc Debtors
1,053,782
822,912
1,590,839
Cash
misc current assets
total current assets
1,407,934
1,198,003
1,761,809
total assets
17,215,380
20,318,451
23,164,318
Bank overdraft
Bank loan
Trade Creditors
Group/Directors Accounts
1,709,681
1,965,848
1,066,548
other short term finances
hp & lease commitments
other current liabilities
2,115,069
2,543,329
2,260,155
total current liabilities
3,824,750
4,509,177
3,326,703
loans
10,259,849
13,795,188
18,409,647
hp & lease commitments
Accruals and Deferred Income
595,908
633,524
659,690
other liabilities
provisions
total long term liabilities
10,855,757
14,428,712
19,069,337
total liabilities
14,680,507
18,937,889
22,396,040
net assets
2,534,873
1,380,562
768,278
total shareholders funds
2,534,873
1,380,562
768,278
Mar 2024
Mar 2023
Mar 2022
Operating Activities
Operating Profit
2,490,169
2,247,214
2,323,494
Depreciation
5,745,345
5,849,489
5,852,310
Amortisation
2,024,590
2,024,593
2,024,590
Tax
-607,297
-1,102,383
-363,204
Stock
Debtors
209,931
-563,806
1,761,809
Creditors
Accruals and Deferred Income
-465,876
257,008
2,919,845
Deferred Taxes & Provisions
Cash flow from operations
8,977,000
9,839,727
10,995,226
Investing Activities
capital expenditure
-4,456,933
-5,592,021
-29,279,409
Change in Investments
cash flow from investments
-4,456,933
-5,592,021
-29,279,409
Financing Activities
Bank loans
Group/Directors Accounts
-256,167
899,300
1,066,548
Other Short Term Loans
Long term loans
-3,535,339
-4,614,459
18,409,647
Hire Purchase and Lease Commitments
other long term liabilities
share issue
100,000
interest
-728,561
-532,547
-292,012
cash flow from financing
-4,520,067
-4,247,706
19,284,183
cash and cash equivalents
cash
overdraft
change in cash
hughes rental limited Credit Report and Business Information
Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
Get a comprehensive credit check for hughes rental limited. Get real-time insights into hughes rental limited's credit score, group structure and payment trends.
Perform a competitor analysis for hughes rental limited by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other large companies, companies in NR34 area or any other competitors across 12 key performance metrics.
hughes rental limited Ownership
HUGHES RENTAL LIMITED group structure
Hughes Rental Limited has no subsidiary companies.
The sole shareholder of Hughes Rental Limited is Hughes Electrical Limited.
hughes electrical limited
100%
hughes rental limited directors
Hughes Rental Limited currently has 4 directors.
The longest serving directors include
Mr Christopher Thornton (Dec 2020) and
Mr Mark Wardell (Mar 2021).
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 hughes rental limited.
hughes rental 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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hughes rental limitedCompanies House Filings - See Documents
