charles hurst limited
charles hurst limited Company Information
Company Number
NI004882
Next Accounts
Sep 2025
Shareholders
lookers motor group limited
Group Structure
View All
Industry
Sale of new cars and light motor vehicles
+2Registered Address
62 boucher road, belfast, county antrim, BT12 6LR
charles hurst limited Estimated Valuation
Pomanda estimates the enterprise value of CHARLES HURST LIMITED at £323.6m based on a Turnover of £855.8m and 0.38x industry multiple (adjusted for size and gross margin).
charles hurst limited Estimated Valuation
Pomanda estimates the enterprise value of CHARLES HURST LIMITED at £54.7m based on an EBITDA of £10.1m and a 5.42x industry multiple (adjusted for size and gross margin).
charles hurst limited Estimated Valuation
Pomanda estimates the enterprise value of CHARLES HURST LIMITED at £194.9m based on Net Assets of £74.5m and 2.62x industry multiple (adjusted for liquidity).
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Charles Hurst Limited Overview
Charles Hurst Limited is a live company located in county antrim, BT12 6LR with a Companies House number of NI004882. It operates in the sale of new cars and light motor vehicles sector, SIC Code 45111. Founded in March 1961, it's largest shareholder is lookers motor group limited with a 100% stake. Charles Hurst Limited is a mature, mega sized company, Pomanda has estimated its turnover at £855.8m with high growth in recent years.
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Charles Hurst Limited Health Check
Pomanda's financial health check has awarded Charles Hurst Limited a 3.5 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 £855.8m, make it larger than the average company (£23.2m)
£855.8m - Charles Hurst Limited
£23.2m - Industry AVG
Growth
3 year (CAGR) sales growth of 16%, show it is growing at a faster rate (9%)
16% - Charles Hurst Limited
9% - Industry AVG
Production
with a gross margin of 7.8%, this company has a higher cost of product (24.4%)
7.8% - Charles Hurst Limited
24.4% - Industry AVG
Profitability
an operating margin of 0.9% make it less profitable than the average company (4.4%)
0.9% - Charles Hurst Limited
4.4% - Industry AVG
Employees
with 892 employees, this is above the industry average (48)
892 - Charles Hurst Limited
48 - Industry AVG
Pay Structure
on an average salary of £38.4k, the company has an equivalent pay structure (£36k)
£38.4k - Charles Hurst Limited
£36k - Industry AVG
Efficiency
resulting in sales per employee of £959.5k, this is more efficient (£344.5k)
£959.5k - Charles Hurst Limited
£344.5k - Industry AVG
Debtor Days
it gets paid by customers after 10 days, this is earlier than average (30 days)
10 days - Charles Hurst Limited
30 days - Industry AVG
Creditor Days
its suppliers are paid after 18 days, this is quicker than average (38 days)
18 days - Charles Hurst Limited
38 days - Industry AVG
Stock Days
it holds stock equivalent to 68 days, this is in line with average (63 days)
68 days - Charles Hurst Limited
63 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 3 weeks, this is less cash available to meet short term requirements (9 weeks)
3 weeks - Charles Hurst Limited
9 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 76.3%, this is a higher level of debt than the average (61.2%)
76.3% - Charles Hurst Limited
61.2% - Industry AVG
CHARLES HURST LIMITED financials
Charles Hurst Limited's latest turnover from December 2023 is £855.8 million and the company has net assets of £74.5 million. According to their latest financial statements, Charles Hurst Limited has 892 employees and maintains cash reserves of £13.6 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 855,839,000 | 714,378,000 | 674,895,000 | 550,506,000 | 660,537,000 | 622,660,000 | 478,985,000 | 455,954,000 | 505,784,000 | 448,191,000 | 395,960,000 | 346,950,000 | 334,601,000 | 330,488,000 | 296,630,000 |
| Other Income Or Grants | |||||||||||||||
| Cost Of Sales | 789,140,000 | 643,063,000 | 607,990,000 | 502,812,000 | 598,012,000 | 568,912,000 | 431,988,000 | 406,437,000 | 448,682,000 | 395,320,000 | 347,695,000 | 302,915,000 | 293,411,000 | 287,440,000 | 255,179,000 |
| Gross Profit | 66,699,000 | 71,315,000 | 66,905,000 | 47,694,000 | 62,525,000 | 53,748,000 | 46,997,000 | 49,517,000 | 57,102,000 | 52,871,000 | 48,265,000 | 44,035,000 | 41,190,000 | 43,048,000 | 41,451,000 |
| Admin Expenses | 59,159,000 | 53,339,000 | 47,148,000 | 43,762,000 | 54,513,000 | 45,416,000 | 38,796,000 | 40,636,000 | 48,915,000 | 43,211,000 | 41,327,000 | 38,258,000 | 37,206,000 | 36,941,000 | 37,529,000 |
| Operating Profit | 7,540,000 | 17,976,000 | 19,757,000 | 3,932,000 | 8,012,000 | 8,332,000 | 8,201,000 | 8,881,000 | 8,187,000 | 9,660,000 | 6,938,000 | 5,777,000 | 3,984,000 | 6,107,000 | 3,922,000 |
| Interest Payable | 4,404,000 | 1,720,000 | 1,127,000 | 1,701,000 | 2,578,000 | 1,673,000 | 1,173,000 | 1,167,000 | 1,036,000 | 971,000 | 966,000 | 1,161,000 | 1,145,000 | 1,129,000 | 876,000 |
| Interest Receivable | 12,000 | 27,000 | 60,000 | 62,000 | 27,000 | 6,000 | |||||||||
| Pre-Tax Profit | 3,136,000 | 16,256,000 | 18,630,000 | 2,231,000 | 5,434,000 | 6,659,000 | 7,028,000 | 7,726,000 | 7,178,000 | 8,749,000 | 6,034,000 | 4,643,000 | 2,845,000 | 4,978,000 | 3,046,000 |
| Tax | -1,262,000 | -2,560,000 | -4,957,000 | -881,000 | -1,173,000 | -1,065,000 | -1,710,000 | -1,511,000 | -1,757,000 | -1,887,000 | -901,000 | -918,000 | -449,000 | -633,000 | -1,225,000 |
| Profit After Tax | 1,874,000 | 13,696,000 | 13,673,000 | 1,350,000 | 4,261,000 | 5,594,000 | 5,318,000 | 6,215,000 | 5,421,000 | 6,862,000 | 5,133,000 | 3,725,000 | 2,396,000 | 4,345,000 | 1,821,000 |
| Dividends Paid | 15,321,000 | 7,135,000 | 3,500,000 | 2,879,000 | 2,800,000 | 2,860,000 | 2,903,000 | 3,360,000 | 2,326,000 | 1,372,000 | 614,000 | 1,743,000 | 1,260,000 | ||
| Retained Profit | 1,874,000 | -1,625,000 | 6,538,000 | 1,350,000 | 761,000 | 2,715,000 | 2,518,000 | 3,355,000 | 2,518,000 | 3,502,000 | 2,807,000 | 2,353,000 | 1,782,000 | 2,602,000 | 561,000 |
| Employee Costs | 34,269,000 | 33,698,000 | 29,879,000 | 26,070,000 | 32,526,000 | 28,308,000 | 24,470,000 | 25,851,000 | 30,195,000 | 27,470,000 | 25,743,000 | 24,712,000 | 23,395,000 | 24,136,000 | 23,589,000 |
| Number Of Employees | 892 | 870 | 810 | 950 | 1,023 | 951 | 853 | 870 | 1,014 | 929 | 897 | 879 | 885 | 922 | 934 |
| EBITDA* | 10,082,000 | 19,731,000 | 21,329,000 | 5,955,000 | 10,014,000 | 9,932,000 | 9,606,000 | 11,504,000 | 10,101,000 | 10,931,000 | 8,116,000 | 6,833,000 | 5,087,000 | 7,210,000 | 5,091,000 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 79,964,000 | 73,779,000 | 82,866,000 | 83,314,000 | 79,883,000 | 77,184,000 | 77,285,000 | 74,585,000 | 82,480,000 | 77,205,000 | 76,472,000 | 75,491,000 | 67,205,000 | 65,437,000 | 64,266,000 |
| Intangible Assets | 2,855,000 | 2,102,000 | 286,000 | 286,000 | 286,000 | 286,000 | 286,000 | 286,000 | 1,577,000 | 1,577,000 | 1,577,000 | 1,577,000 | 1,577,000 | 1,577,000 | 1,577,000 |
| Investments & Other | 7,495,000 | 7,495,000 | 7,495,000 | 7,495,000 | 7,495,000 | 8,212,000 | 8,154,000 | 7,831,000 | 13,637,000 | 13,637,000 | 13,620,000 | 13,601,000 | 9,401,000 | 8,637,000 | 8,637,000 |
| Debtors (Due After 1 year) | |||||||||||||||
| Total Fixed Assets | 90,314,000 | 83,376,000 | 83,152,000 | 83,600,000 | 80,169,000 | 77,470,000 | 77,571,000 | 74,871,000 | 84,057,000 | 78,782,000 | 78,049,000 | 77,068,000 | 68,782,000 | 67,014,000 | 65,843,000 |
| Stock & work in progress | 148,239,000 | 111,985,000 | 79,205,000 | 95,140,000 | 135,799,000 | 126,604,000 | 109,884,000 | 73,605,000 | 98,828,000 | 75,562,000 | 65,687,000 | 64,702,000 | 61,271,000 | 54,672,000 | 47,024,000 |
| Trade Debtors | 24,375,000 | 15,312,000 | 12,779,000 | 11,928,000 | 18,250,000 | 18,350,000 | 19,929,000 | 14,863,000 | 17,523,000 | 13,322,000 | 11,664,000 | 10,148,000 | 11,183,000 | 9,521,000 | 9,907,000 |
| Group Debtors | 27,158,000 | 13,646,000 | 15,136,000 | 25,219,000 | 16,393,000 | 21,651,000 | 24,451,000 | 20,600,000 | 7,212,000 | 6,371,000 | 7,258,000 | 6,467,000 | 4,680,000 | 4,131,000 | 4,899,000 |
| Misc Debtors | 10,697,000 | 3,057,000 | 3,391,000 | 3,481,000 | 6,382,000 | 1,174,000 | 3,228,000 | 2,744,000 | 4,306,000 | 3,245,000 | 3,291,000 | 2,283,000 | 1,962,000 | 2,092,000 | 2,328,000 |
| Cash | 13,647,000 | 16,195,000 | 7,271,000 | 11,077,000 | 1,421,000 | 5,000 | 5,000 | 5,000 | 8,000 | 8,000 | 6,000 | 7,000 | 390,000 | 4,453,000 | 8,000 |
| misc current assets | 2,500,000 | 493,000 | 493,000 | 493,000 | 1,340,000 | 1,340,000 | |||||||||
| total current assets | 224,116,000 | 160,195,000 | 120,071,000 | 149,174,000 | 187,355,000 | 170,284,000 | 157,497,000 | 111,817,000 | 127,877,000 | 98,508,000 | 88,399,000 | 84,100,000 | 79,979,000 | 76,209,000 | 65,506,000 |
| total assets | 314,430,000 | 243,571,000 | 203,223,000 | 232,774,000 | 267,524,000 | 247,754,000 | 235,068,000 | 186,688,000 | 211,934,000 | 177,290,000 | 166,448,000 | 161,168,000 | 148,761,000 | 143,223,000 | 131,349,000 |
| Bank overdraft | 3,654,000 | 2,687,000 | 2,408,000 | 913,000 | 5,737,000 | 3,679,000 | 5,470,000 | 5,142,000 | 898,000 | ||||||
| Bank loan | |||||||||||||||
| Trade Creditors | 40,241,000 | 28,679,000 | 26,123,000 | 20,891,000 | 30,077,000 | 46,267,000 | 62,001,000 | 48,193,000 | 76,809,000 | 53,088,000 | 51,520,000 | 43,182,000 | 38,583,000 | 37,642,000 | 32,966,000 |
| Group/Directors Accounts | 31,892,000 | 24,434,000 | |||||||||||||
| other short term finances | 136,632,000 | 95,640,000 | 22,451,000 | 24,178,000 | 36,133,000 | 12,562,000 | 13,149,000 | ||||||||
| hp & lease commitments | 1,166,000 | 490,000 | 409,000 | 259,000 | 330,000 | 4,000 | |||||||||
| other current liabilities | 21,486,000 | 14,189,000 | 72,520,000 | 113,602,000 | 124,665,000 | 128,562,000 | 103,174,000 | 72,620,000 | 67,288,000 | 60,788,000 | 52,793,000 | 57,842,000 | 57,239,000 | 41,386,000 | 36,558,000 |
| total current liabilities | 231,417,000 | 163,432,000 | 121,503,000 | 158,930,000 | 194,859,000 | 177,516,000 | 167,583,000 | 121,726,000 | 149,834,000 | 117,555,000 | 109,783,000 | 106,166,000 | 95,822,000 | 91,590,000 | 83,575,000 |
| loans | 4,730,000 | 4,926,000 | 4,974,000 | ||||||||||||
| hp & lease commitments | 2,495,000 | 2,360,000 | 2,365,000 | 2,463,000 | 2,487,000 | ||||||||||
| Accruals and Deferred Income | |||||||||||||||
| other liabilities | 126,000 | 558,000 | 1,051,000 | 1,063,000 | 1,237,000 | ||||||||||
| provisions | 6,027,000 | 5,162,000 | 10,226,000 | 7,354,000 | 6,692,000 | 6,830,000 | 6,754,000 | 6,744,000 | 7,730,000 | 7,784,000 | 7,784,000 | 9,086,000 | 9,642,000 | 10,246,000 | 10,206,000 |
| total long term liabilities | 8,522,000 | 7,522,000 | 7,478,000 | 6,140,000 | 5,833,000 | 3,415,000 | 3,377,000 | 3,372,000 | 3,865,000 | 4,018,000 | 4,450,000 | 5,594,000 | 5,884,000 | 6,360,000 | 5,103,000 |
| total liabilities | 239,939,000 | 170,954,000 | 128,981,000 | 165,070,000 | 200,692,000 | 180,931,000 | 170,960,000 | 125,098,000 | 153,699,000 | 121,573,000 | 114,233,000 | 111,760,000 | 101,706,000 | 97,950,000 | 88,678,000 |
| net assets | 74,491,000 | 72,617,000 | 74,242,000 | 67,704,000 | 66,832,000 | 66,823,000 | 64,108,000 | 61,590,000 | 58,235,000 | 55,717,000 | 52,215,000 | 49,408,000 | 47,055,000 | 45,273,000 | 42,671,000 |
| total shareholders funds | 74,491,000 | 72,617,000 | 74,242,000 | 67,704,000 | 66,832,000 | 66,823,000 | 64,108,000 | 61,590,000 | 58,235,000 | 55,717,000 | 52,215,000 | 49,408,000 | 47,055,000 | 45,273,000 | 42,671,000 |
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | 7,540,000 | 17,976,000 | 19,757,000 | 3,932,000 | 8,012,000 | 8,332,000 | 8,201,000 | 8,881,000 | 8,187,000 | 9,660,000 | 6,938,000 | 5,777,000 | 3,984,000 | 6,107,000 | 3,922,000 |
| Depreciation | 1,708,000 | 1,573,000 | 1,572,000 | 2,023,000 | 2,002,000 | 1,600,000 | 1,405,000 | 2,623,000 | 1,914,000 | 1,271,000 | 1,178,000 | 1,056,000 | 1,103,000 | 1,103,000 | 1,169,000 |
| Amortisation | 834,000 | 182,000 | |||||||||||||
| Tax | -1,262,000 | -2,560,000 | -4,957,000 | -881,000 | -1,173,000 | -1,065,000 | -1,710,000 | -1,511,000 | -1,757,000 | -1,887,000 | -901,000 | -918,000 | -449,000 | -633,000 | -1,225,000 |
| Stock | 36,254,000 | 32,780,000 | -15,935,000 | -40,659,000 | 9,195,000 | 16,720,000 | 36,279,000 | -25,223,000 | 23,266,000 | 9,875,000 | 985,000 | 3,431,000 | 6,599,000 | 7,648,000 | 47,024,000 |
| Debtors | 30,215,000 | 709,000 | -9,322,000 | -397,000 | -150,000 | -6,433,000 | 9,401,000 | 9,166,000 | 6,103,000 | 725,000 | 3,315,000 | 1,073,000 | 2,081,000 | -1,390,000 | 17,134,000 |
| Creditors | 11,562,000 | 2,556,000 | 5,232,000 | -9,186,000 | -16,190,000 | -15,734,000 | 13,808,000 | -28,616,000 | 23,721,000 | 1,568,000 | 8,338,000 | 4,599,000 | 941,000 | 4,676,000 | 32,966,000 |
| Accruals and Deferred Income | 7,297,000 | -58,331,000 | -41,082,000 | -11,063,000 | -3,897,000 | 25,388,000 | 30,554,000 | 5,332,000 | 6,500,000 | 7,995,000 | -5,049,000 | 603,000 | 15,853,000 | 4,828,000 | 36,558,000 |
| Deferred Taxes & Provisions | 865,000 | -5,064,000 | 2,872,000 | 662,000 | -138,000 | 76,000 | 10,000 | -986,000 | -54,000 | -1,302,000 | -556,000 | -604,000 | 40,000 | 10,206,000 | |
| Cash flow from operations | -37,925,000 | -77,157,000 | 8,651,000 | 26,543,000 | -20,429,000 | 8,310,000 | 6,588,000 | 1,780,000 | 9,142,000 | 8,007,000 | 4,902,000 | 6,057,000 | 12,148,000 | 9,863,000 | 19,438,000 |
| Investing Activities | |||||||||||||||
| capital expenditure | |||||||||||||||
| Change in Investments | -717,000 | 58,000 | 323,000 | -5,806,000 | 17,000 | 19,000 | 4,200,000 | 764,000 | 8,637,000 | ||||||
| cash flow from investments | |||||||||||||||
| Financing Activities | |||||||||||||||
| Bank loans | |||||||||||||||
| Group/Directors Accounts | 7,458,000 | 24,434,000 | |||||||||||||
| Other Short Term Loans | 40,992,000 | 73,189,000 | -1,727,000 | -11,955,000 | 36,133,000 | -12,562,000 | -587,000 | 13,149,000 | |||||||
| Long term loans | -4,730,000 | -196,000 | -48,000 | 4,974,000 | |||||||||||
| Hire Purchase and Lease Commitments | 811,000 | 76,000 | 52,000 | -95,000 | 2,817,000 | -4,000 | 4,000 | ||||||||
| other long term liabilities | -126,000 | -432,000 | -493,000 | -12,000 | -174,000 | 1,237,000 | |||||||||
| share issue | |||||||||||||||
| interest | -4,404,000 | -1,720,000 | -1,127,000 | -1,701,000 | -2,578,000 | -1,673,000 | -1,173,000 | -1,155,000 | -1,009,000 | -911,000 | -904,000 | -1,134,000 | -1,139,000 | -1,129,000 | -876,000 |
| cash flow from financing | 44,857,000 | 91,249,000 | -2,998,000 | -14,277,000 | 40,594,000 | -1,673,000 | -1,173,000 | -1,155,000 | -1,135,000 | -1,343,000 | -1,397,000 | -1,146,000 | -13,875,000 | -483,000 | 54,387,000 |
| cash and cash equivalents | |||||||||||||||
| cash | -2,548,000 | 8,924,000 | -3,806,000 | 9,656,000 | 1,416,000 | -3,000 | 2,000 | -1,000 | -383,000 | -4,063,000 | 4,445,000 | 8,000 | |||
| overdraft | -3,654,000 | 967,000 | 279,000 | 1,495,000 | -4,824,000 | 2,058,000 | -1,791,000 | 328,000 | 5,142,000 | -898,000 | 898,000 | ||||
| change in cash | -2,548,000 | 8,924,000 | -3,806,000 | 13,310,000 | 449,000 | -279,000 | -1,495,000 | 4,821,000 | -2,058,000 | 1,793,000 | -329,000 | -5,525,000 | -4,063,000 | 5,343,000 | -890,000 |
charles hurst limited Credit Report and Business Information
Charles Hurst Limited Competitor Analysis
Perform a competitor analysis for charles hurst limited by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other mega companies, companies in BT12 area or any other competitors across 12 key performance metrics.
charles hurst limited Ownership
CHARLES HURST LIMITED group structure
Charles Hurst Limited has 4 subsidiary companies.
Ultimate parent company
CHARLES HURST LIMITED
NI004882
4 subsidiaries
charles hurst limited directors
Charles Hurst Limited currently has 5 directors. The longest serving directors include Mr James Robinson-Wyatt (Jun 2019) and Mr Richard Walker (Dec 2019).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr James Robinson-Wyatt | United Kingdom | 45 years | Jun 2019 | - | Director |
| Mr Richard Walker | United Kingdom | 59 years | Dec 2019 | - | Director |
| Mr Christopher Whitaker | United Kingdom | 49 years | Apr 2024 | - | Director |
| Mr James Brearley | United Kingdom | 59 years | Oct 2024 | - | Director |
| Mr Alex Smith | United Kingdom | 50 years | Jan 2025 | - | Director |
P&L
December 2023turnover
855.8m
+20%
operating profit
7.5m
-58%
gross margin
7.8%
-21.93%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
74.5m
+0.03%
total assets
314.4m
+0.29%
cash
13.6m
-0.16%
net assets
Total assets minus all liabilities
charles hurst limited company details
company number
NI004882
Type
Private limited with Share Capital
industry
45310 - Wholesale trade of motor vehicle parts and accessories
45111 - Sale of new cars and light motor vehicles
45200 - Maintenance and repair of motor vehicles
incorporation date
March 1961
age
64
incorporated
UK
ultimate parent company
accounts
Audit Exemption Subsidiary
last accounts submitted
December 2023
previous names
charles hurst (commercials) limited (January 2000)
charles hurst (commercials) limited (January 1950)
accountant
-
auditor
-
address
62 boucher road, belfast, county antrim, BT12 6LR
Bank
BANK OF IRELAND, BANK OF IRELAND
Legal Advisor
-
charles hurst 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 8 charges/mortgages relating to charles hurst limited. Currently there are 0 open charges and 8 have been satisfied in the past.
charles hurst 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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charles hurst limited Companies House Filings - See Documents
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