hexdown ltd
hexdown ltd Company Information
Company Number
13086561
Next Accounts
Sep 2025
Shareholders
margaret elizabeth gates
trustee of the gates family discretionary trust
View AllGroup 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
westgate house verulam road, stafford, ST16 3EA
Website
-hexdown ltd Estimated Valuation
Pomanda estimates the enterprise value of HEXDOWN LTD at £40.1m based on a Turnover of £21.1m and 1.9x industry multiple (adjusted for size and gross margin).
hexdown ltd Estimated Valuation
Pomanda estimates the enterprise value of HEXDOWN LTD at £29m based on an EBITDA of £3.7m and a 7.93x industry multiple (adjusted for size and gross margin).
hexdown ltd Estimated Valuation
Pomanda estimates the enterprise value of HEXDOWN LTD at £22.3m based on Net Assets of £17.1m and 1.31x industry multiple (adjusted for liquidity).
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Hexdown Ltd Overview
Hexdown Ltd is a live company located in stafford, ST16 3EA with a Companies House number of 13086561. It operates in the activities of other holding companies n.e.c. sector, SIC Code 64209. Founded in December 2020, it's largest shareholder is margaret elizabeth gates with a 99.8% stake. Hexdown Ltd is a young, large sized company, Pomanda has estimated its turnover at £21.1m with unknown growth in recent years.
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Hexdown Ltd Health Check
Pomanda's financial health check has awarded Hexdown Ltd a 5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 4 areas for improvement. Company Health Check FAQs
4 Strong
3 Regular
4 Weak
Size
annual sales of £21.1m, make it in line with the average company (£18.9m)
£21.1m - Hexdown Ltd
£18.9m - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Hexdown Ltd
- - Industry AVG
Production
with a gross margin of 46.4%, this company has a lower cost of product (36.3%)
46.4% - Hexdown Ltd
36.3% - Industry AVG
Profitability
an operating margin of 14.2% make it more profitable than the average company (4.5%)
14.2% - Hexdown Ltd
4.5% - Industry AVG
Employees
with 109 employees, this is similar to the industry average (104)
109 - Hexdown Ltd
104 - Industry AVG
Pay Structure
on an average salary of £55.6k, the company has a higher pay structure (£44.7k)
£55.6k - Hexdown Ltd
£44.7k - Industry AVG
Efficiency
resulting in sales per employee of £193.7k, this is equally as efficient (£191k)
£193.7k - Hexdown Ltd
£191k - Industry AVG
Debtor Days
it gets paid by customers after 61 days, this is later than average (45 days)
61 days - Hexdown Ltd
45 days - Industry AVG
Creditor Days
its suppliers are paid after 38 days, this is quicker than average (44 days)
38 days - Hexdown Ltd
44 days - Industry AVG
Stock Days
it holds stock equivalent to 59 days, this is more than average (40 days)
59 days - Hexdown Ltd
40 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 128 weeks, this is more cash available to meet short term requirements (14 weeks)
128 weeks - Hexdown Ltd
14 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 14.4%, this is a lower level of debt than the average (69.6%)
14.4% - Hexdown Ltd
69.6% - Industry AVG
HEXDOWN LTD financials
Hexdown Ltd's latest turnover from December 2023 is £21.1 million and the company has net assets of £17.1 million. According to their latest financial statements, Hexdown Ltd has 109 employees and maintains cash reserves of £7.8 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2023 | Dec 2022 | Dec 2021 | |
|---|---|---|---|
| Turnover | 21,113,407 | 20,143,131 | 15,596,846 |
| Other Income Or Grants | |||
| Cost Of Sales | 11,316,199 | 11,347,853 | 7,853,190 |
| Gross Profit | 9,797,208 | 8,795,278 | 7,743,656 |
| Admin Expenses | 6,797,402 | 6,147,574 | 4,536,207 |
| Operating Profit | 2,999,806 | 2,647,704 | 3,207,449 |
| Interest Payable | 7,503 | 5,099 | |
| Interest Receivable | 130,810 | 57,318 | 5,551 |
| Pre-Tax Profit | 3,017,585 | 2,378,240 | 3,188,000 |
| Tax | -779,963 | -321,298 | -589,366 |
| Profit After Tax | 2,237,622 | 2,056,942 | 2,598,634 |
| Dividends Paid | 529,647 | 797,908 | 456,000 |
| Retained Profit | 768,181 | 295,168 | 1,167,610 |
| Employee Costs | 6,061,133 | 5,405,619 | 4,274,639 |
| Number Of Employees | 109 | 113 | 108 |
| EBITDA* | 3,658,081 | 3,135,906 | 3,528,141 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Dec 2022 | Dec 2021 | |
|---|---|---|---|
| Tangible Assets | 1,571,726 | 1,578,188 | 923,291 |
| Intangible Assets | 1,391,248 | 1,573,191 | 1,685,328 |
| Investments & Other | 5,063,062 | 4,605,000 | 3,899,449 |
| Debtors (Due After 1 year) | |||
| Total Fixed Assets | 8,026,036 | 7,756,379 | 6,508,068 |
| Stock & work in progress | 1,852,873 | 2,049,845 | 2,513,672 |
| Trade Debtors | 3,545,856 | 4,821,123 | 4,890,698 |
| Group Debtors | |||
| Misc Debtors | 2,559,124 | 2,500,726 | 2,541,685 |
| Cash | 7,819,367 | 6,330,121 | 5,695,154 |
| misc current assets | |||
| total current assets | 15,777,220 | 15,701,815 | 15,641,209 |
| total assets | 23,803,256 | 23,458,194 | 22,149,277 |
| Bank overdraft | |||
| Bank loan | |||
| Trade Creditors | 1,184,064 | 771,541 | 1,000,419 |
| Group/Directors Accounts | 79,904 | ||
| other short term finances | 306,931 | 450,974 | 550,974 |
| hp & lease commitments | 20,960 | 19,506 | |
| other current liabilities | 1,649,151 | 1,692,233 | 1,649,715 |
| total current liabilities | 3,161,106 | 3,014,158 | 3,201,108 |
| loans | |||
| hp & lease commitments | 64,556 | 85,516 | |
| Accruals and Deferred Income | |||
| other liabilities | |||
| provisions | 209,571 | 178,475 | 27,203 |
| total long term liabilities | 274,127 | 263,991 | 27,203 |
| total liabilities | 3,435,233 | 3,278,149 | 3,228,311 |
| net assets | 17,094,671 | 16,326,487 | 16,031,274 |
| total shareholders funds | 17,094,671 | 16,326,487 | 16,031,274 |
| Dec 2023 | Dec 2022 | Dec 2021 | |
|---|---|---|---|
| Operating Activities | |||
| Operating Profit | 2,999,806 | 2,647,704 | 3,207,449 |
| Depreciation | 462,042 | 299,365 | 167,480 |
| Amortisation | 196,233 | 188,837 | 153,212 |
| Tax | -779,963 | -321,298 | -589,366 |
| Stock | -196,972 | -463,827 | 2,513,672 |
| Debtors | -1,216,869 | -110,534 | 7,432,383 |
| Creditors | 412,523 | -228,878 | 1,000,419 |
| Accruals and Deferred Income | -43,082 | 42,518 | 1,649,715 |
| Deferred Taxes & Provisions | 31,096 | 151,272 | 27,203 |
| Cash flow from operations | 4,692,496 | 3,353,881 | -4,329,943 |
| Investing Activities | |||
| capital expenditure | |||
| Change in Investments | 458,062 | 705,551 | 3,899,449 |
| cash flow from investments | -458,062 | -705,551 | -3,899,449 |
| Financing Activities | |||
| Bank loans | |||
| Group/Directors Accounts | -79,904 | 79,904 | |
| Other Short Term Loans | -144,043 | -100,000 | 550,974 |
| Long term loans | |||
| Hire Purchase and Lease Commitments | -19,506 | 105,022 | |
| other long term liabilities | |||
| share issue | |||
| interest | 123,307 | 52,219 | 5,551 |
| cash flow from financing | -120,143 | 137,190 | 15,420,189 |
| cash and cash equivalents | |||
| cash | 1,489,246 | 634,967 | 5,695,154 |
| overdraft | |||
| change in cash | 1,489,246 | 634,967 | 5,695,154 |
hexdown ltd Credit Report and Business Information
Hexdown Ltd Competitor Analysis
Perform a competitor analysis for hexdown ltd by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other large companies, companies in ST16 area or any other competitors across 12 key performance metrics.
hexdown ltd Ownership
HEXDOWN LTD group structure
Hexdown Ltd has no subsidiary companies.
Ultimate parent company
HEXDOWN LTD
13086561
hexdown ltd directors
Hexdown Ltd currently has 6 directors. The longest serving directors include Mr Gerrard Gates (Dec 2020) and Mrs Andrea Gates (Mar 2021).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Gerrard Gates | 58 years | Dec 2020 | - | Director | |
| Mrs Andrea Gates | 55 years | Mar 2021 | - | Director | |
| Mrs Carolyn Gates | 51 years | Mar 2021 | - | Director | |
| Mr John Gates | United Kingdom | 56 years | Mar 2021 | - | Director |
| Mrs Roberta Gates | United Kingdom | 53 years | Mar 2021 | - | Director |
| Mr Edward Gates | United Kingdom | 52 years | Mar 2021 | - | Director |
P&L
December 2023turnover
21.1m
+5%
operating profit
3m
+13%
gross margin
46.5%
+6.27%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
17.1m
+0.05%
total assets
23.8m
+0.01%
cash
7.8m
+0.24%
net assets
Total assets minus all liabilities
Similar Companies
hexdown ltd company details
company number
13086561
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
December 2020
age
5
incorporated
UK
ultimate parent company
accounts
Group
last accounts submitted
December 2023
previous names
N/A
accountant
-
auditor
BENEE CONSULTING LIMITED
address
westgate house verulam road, stafford, ST16 3EA
Bank
-
Legal Advisor
-
hexdown ltd 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 hexdown ltd.
hexdown ltd 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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hexdown ltd Companies House Filings - See Documents
| date | description | view/download |
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