henry group (ni) limited
henry group (ni) limited Company Information
Company Number
NI018696
Next Accounts
Dec 2025
Shareholders
mr david henry
mrs julie mckeown
View AllGroup Structure
View All
Industry
Activities of construction holding companies
Registered Address
108-114 moneymore road, magherafelt, co.londonderry, BT45 6HJ
Website
www.henrybrothers.co.ukhenry group (ni) limited Estimated Valuation
Pomanda estimates the enterprise value of HENRY GROUP (NI) LIMITED at £141.6m based on a Turnover of £81.5m and 1.74x industry multiple (adjusted for size and gross margin).
henry group (ni) limited Estimated Valuation
Pomanda estimates the enterprise value of HENRY GROUP (NI) LIMITED at £25.4m based on an EBITDA of £3.4m and a 7.55x industry multiple (adjusted for size and gross margin).
henry group (ni) limited Estimated Valuation
Pomanda estimates the enterprise value of HENRY GROUP (NI) LIMITED at £56.4m based on Net Assets of £32.6m and 1.73x industry multiple (adjusted for liquidity).
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Henry Group (ni) Limited Overview
Henry Group (ni) Limited is a live company located in co.londonderry, BT45 6HJ with a Companies House number of NI018696. It operates in the activities of construction holding companies sector, SIC Code 64203. Founded in August 1985, it's largest shareholder is mr david henry with a 54.4% stake. Henry Group (ni) Limited is a mature, large sized company, Pomanda has estimated its turnover at £81.5m with healthy growth in recent years.
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Henry Group (ni) Limited Health Check
Pomanda's financial health check has awarded Henry Group (Ni) Limited a 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 £81.5m, make it larger than the average company (£24.8m)
£81.5m - Henry Group (ni) Limited
£24.8m - Industry AVG
Growth
3 year (CAGR) sales growth of 13%, show it is growing at a faster rate (9.7%)
13% - Henry Group (ni) Limited
9.7% - Industry AVG
Production
with a gross margin of 10%, this company has a higher cost of product (17%)
10% - Henry Group (ni) Limited
17% - Industry AVG
Profitability
an operating margin of 3.2% make it less profitable than the average company (4.5%)
3.2% - Henry Group (ni) Limited
4.5% - Industry AVG
Employees
with 189 employees, this is above the industry average (80)
189 - Henry Group (ni) Limited
80 - Industry AVG
Pay Structure
on an average salary of £59.1k, the company has an equivalent pay structure (£53.4k)
£59.1k - Henry Group (ni) Limited
£53.4k - Industry AVG
Efficiency
resulting in sales per employee of £431.2k, this is more efficient (£341.5k)
£431.2k - Henry Group (ni) Limited
£341.5k - Industry AVG
Debtor Days
it gets paid by customers after 47 days, this is near the average (51 days)
47 days - Henry Group (ni) Limited
51 days - Industry AVG
Creditor Days
its suppliers are paid after 7 days, this is quicker than average (42 days)
7 days - Henry Group (ni) Limited
42 days - Industry AVG
Stock Days
it holds stock equivalent to 20 days, this is more than average (14 days)
20 days - Henry Group (ni) Limited
14 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 63 weeks, this is more cash available to meet short term requirements (21 weeks)
63 weeks - Henry Group (ni) Limited
21 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 54.7%, this is a lower level of debt than the average (61.8%)
54.7% - Henry Group (ni) Limited
61.8% - Industry AVG
HENRY GROUP (NI) LIMITED financials
Henry Group (Ni) Limited's latest turnover from March 2024 is £81.5 million and the company has net assets of £32.6 million. According to their latest financial statements, Henry Group (Ni) Limited has 189 employees and maintains cash reserves of £47.7 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 81,499,000 | 84,044,000 | 95,616,000 | 56,912,000 | 71,758,000 | 88,560,000 | 81,830,000 | 51,650,000 | 40,110,000 | 36,308,000 | 50,864,000 | 37,283,000 | 62,879,000 | 36,719,000 | 63,718,000 |
| Other Income Or Grants | |||||||||||||||
| Cost Of Sales | 73,360,000 | 75,834,000 | 86,514,000 | 49,930,000 | 64,091,000 | 81,220,000 | 75,788,000 | 47,193,000 | 35,980,000 | 32,023,000 | 45,705,000 | 33,877,000 | 58,443,000 | 33,175,000 | 56,980,000 |
| Gross Profit | 8,139,000 | 8,210,000 | 9,102,000 | 6,982,000 | 7,667,000 | 7,340,000 | 6,042,000 | 4,457,000 | 4,130,000 | 4,285,000 | 5,159,000 | 3,406,000 | 4,436,000 | 3,544,000 | 6,738,000 |
| Admin Expenses | 5,548,000 | 4,612,000 | 5,157,000 | 4,004,000 | 4,680,000 | 5,009,000 | 4,532,000 | 3,466,000 | 3,224,000 | 3,320,000 | 4,345,000 | 3,587,000 | 3,452,000 | 3,149,000 | 5,192,000 |
| Operating Profit | 2,591,000 | 3,598,000 | 3,945,000 | 2,978,000 | 2,987,000 | 2,331,000 | 1,510,000 | 991,000 | 906,000 | 965,000 | 814,000 | -181,000 | 984,000 | 395,000 | 1,546,000 |
| Interest Payable | 3,000 | 1,000 | 64,000 | 81,000 | 37,000 | 60,000 | 105,000 | 148,000 | 198,000 | ||||||
| Interest Receivable | 1,905,000 | 878,000 | 112,000 | 178,000 | 267,000 | 210,000 | 164,000 | 159,000 | 160,000 | 178,000 | 262,000 | 338,000 | 315,000 | 441,000 | 169,000 |
| Pre-Tax Profit | 4,496,000 | 4,476,000 | 4,057,000 | 3,156,000 | 3,251,000 | 2,540,000 | 1,674,000 | 1,150,000 | 1,002,000 | 1,062,000 | 1,039,000 | 230,000 | 1,194,000 | 688,000 | 1,517,000 |
| Tax | -853,000 | -412,000 | -608,000 | -520,000 | -542,000 | -597,000 | -275,000 | -179,000 | -130,000 | -470,000 | -197,000 | -91,000 | -319,000 | -333,000 | 95,000 |
| Profit After Tax | 3,643,000 | 4,064,000 | 3,449,000 | 2,636,000 | 2,709,000 | 1,943,000 | 1,399,000 | 971,000 | 872,000 | 592,000 | 842,000 | 139,000 | 875,000 | 355,000 | 1,612,000 |
| Dividends Paid | 650,000 | 650,000 | 521,000 | 508,000 | 252,000 | 288,000 | 348,000 | 165,000 | |||||||
| Retained Profit | 2,993,000 | 3,414,000 | 2,928,000 | 2,128,000 | 2,457,000 | 1,655,000 | 1,051,000 | 806,000 | 872,000 | 592,000 | 842,000 | 139,000 | 875,000 | 355,000 | 1,612,000 |
| Employee Costs | 11,163,000 | 10,054,000 | 9,507,000 | 8,786,000 | 8,477,000 | 7,850,000 | 8,026,000 | 7,853,000 | 7,654,000 | 7,554,000 | 7,921,000 | 8,580,000 | 10,464,000 | 9,526,000 | 12,637,000 |
| Number Of Employees | 189 | 189 | 198 | 208 | 213 | 222 | 225 | 211 | 219 | 248 | 243 | 296 | 377 | 352 | 431 |
| EBITDA* | 3,357,000 | 4,307,000 | 4,590,000 | 3,571,000 | 3,603,000 | 3,409,000 | 2,023,000 | 1,718,000 | 1,566,000 | 1,591,000 | 1,584,000 | 869,000 | 2,171,000 | 1,770,000 | 3,033,000 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 5,576,000 | 5,477,000 | 5,260,000 | 5,142,000 | 5,311,000 | 7,098,000 | 7,465,000 | 7,232,000 | 7,722,000 | 8,109,000 | 8,972,000 | 11,368,000 | 12,505,000 | 13,329,000 | 14,461,000 |
| Intangible Assets | 78,000 | 94,000 | 112,000 | 106,000 | 119,000 | ||||||||||
| Investments & Other | 2,462,000 | 1,802,000 | 1,802,000 | 1,802,000 | 1,802,000 | 140,000 | 280,000 | 280,000 | 280,000 | 280,000 | 280,000 | ||||
| Debtors (Due After 1 year) | |||||||||||||||
| Total Fixed Assets | 8,038,000 | 7,279,000 | 7,062,000 | 7,022,000 | 7,207,000 | 7,210,000 | 7,571,000 | 7,351,000 | 7,722,000 | 8,249,000 | 9,252,000 | 11,648,000 | 12,785,000 | 13,609,000 | 14,741,000 |
| Stock & work in progress | 4,098,000 | 2,522,000 | 1,145,000 | 1,161,000 | 1,290,000 | 766,000 | 1,382,000 | 1,767,000 | 1,254,000 | 1,164,000 | 1,187,000 | 1,702,000 | 2,247,000 | 3,334,000 | 4,099,000 |
| Trade Debtors | 10,714,000 | 11,274,000 | 13,634,000 | 6,948,000 | 6,569,000 | 7,120,000 | 9,363,000 | 7,511,000 | 8,561,000 | 6,636,000 | 7,585,000 | 6,582,000 | 9,106,000 | 10,487,000 | 8,693,000 |
| Group Debtors | 186,000 | 750,000 | 175,000 | 2,000 | 227,000 | 308,000 | 308,000 | 253,000 | 420,000 | 404,000 | 369,000 | 235,000 | 247,000 | ||
| Misc Debtors | 1,552,000 | 971,000 | 490,000 | 533,000 | 562,000 | 586,000 | 606,000 | 574,000 | 689,000 | 726,000 | 838,000 | 726,000 | 768,000 | 764,000 | 668,000 |
| Cash | 47,698,000 | 43,389,000 | 45,003,000 | 35,893,000 | 31,609,000 | 30,920,000 | 23,281,000 | 13,489,000 | 15,255,000 | 13,317,000 | 14,700,000 | 11,710,000 | 14,021,000 | 14,518,000 | 18,697,000 |
| misc current assets | |||||||||||||||
| total current assets | 64,062,000 | 58,156,000 | 60,458,000 | 45,285,000 | 40,205,000 | 39,394,000 | 34,859,000 | 23,649,000 | 26,067,000 | 22,096,000 | 24,730,000 | 21,124,000 | 26,511,000 | 29,338,000 | 32,404,000 |
| total assets | 72,100,000 | 65,435,000 | 67,520,000 | 52,307,000 | 47,412,000 | 46,604,000 | 42,430,000 | 31,000,000 | 33,789,000 | 30,345,000 | 33,982,000 | 32,772,000 | 39,296,000 | 42,947,000 | 47,145,000 |
| Bank overdraft | 206,000 | 834,000 | 1,046,000 | 2,309,000 | |||||||||||
| Bank loan | 831,000 | 751,000 | 736,000 | 757,000 | |||||||||||
| Trade Creditors | 1,446,000 | 1,385,000 | 1,354,000 | 1,496,000 | 1,191,000 | 2,147,000 | 2,267,000 | 7,505,000 | 8,819,000 | 7,662,000 | 9,203,000 | 7,277,000 | 10,751,000 | 12,731,000 | 12,232,000 |
| Group/Directors Accounts | 1,000 | 15,000 | 4,000 | 28,000 | 30,000 | 95,000 | 80,000 | 219,000 | |||||||
| other short term finances | 492,000 | 1,075,000 | 1,466,000 | ||||||||||||
| hp & lease commitments | 225,000 | 259,000 | 338,000 | 569,000 | |||||||||||
| other current liabilities | 37,677,000 | 34,036,000 | 39,683,000 | 27,335,000 | 24,883,000 | 24,302,000 | 21,658,000 | 5,270,000 | 6,751,000 | 5,283,000 | 7,264,000 | 6,081,000 | 7,308,000 | 8,562,000 | 11,434,000 |
| total current liabilities | 39,123,000 | 35,421,000 | 41,037,000 | 28,831,000 | 26,074,000 | 26,449,000 | 23,926,000 | 12,790,000 | 15,574,000 | 12,973,000 | 16,989,000 | 15,790,000 | 21,369,000 | 23,493,000 | 27,520,000 |
| loans | 458,000 | 1,413,000 | 2,305,000 | 2,749,000 | |||||||||||
| hp & lease commitments | 191,000 | 224,000 | 194,000 | 330,000 | |||||||||||
| Accruals and Deferred Income | |||||||||||||||
| other liabilities | 1,000 | 1,000 | |||||||||||||
| provisions | 335,000 | 365,000 | 249,000 | 170,000 | 160,000 | 127,000 | 131,000 | 104,000 | 179,000 | 208,000 | 372,000 | 536,000 | 607,000 | 669,000 | 588,000 |
| total long term liabilities | 335,000 | 365,000 | 249,000 | 170,000 | 160,000 | 127,000 | 131,000 | 104,000 | 179,000 | 208,000 | 372,000 | 1,185,000 | 2,245,000 | 3,169,000 | 3,667,000 |
| total liabilities | 39,458,000 | 35,786,000 | 41,286,000 | 29,001,000 | 26,234,000 | 26,576,000 | 24,057,000 | 12,894,000 | 15,753,000 | 13,181,000 | 17,361,000 | 16,975,000 | 23,614,000 | 26,662,000 | 31,187,000 |
| net assets | 32,642,000 | 29,649,000 | 26,234,000 | 23,306,000 | 21,178,000 | 20,028,000 | 18,373,000 | 18,106,000 | 18,036,000 | 17,164,000 | 16,621,000 | 15,797,000 | 15,682,000 | 16,285,000 | 15,958,000 |
| total shareholders funds | 32,642,000 | 29,649,000 | 26,234,000 | 23,306,000 | 21,178,000 | 20,028,000 | 18,373,000 | 18,106,000 | 18,036,000 | 17,164,000 | 16,621,000 | 15,797,000 | 15,682,000 | 16,285,000 | 15,958,000 |
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | 2,591,000 | 3,598,000 | 3,945,000 | 2,978,000 | 2,987,000 | 2,331,000 | 1,510,000 | 991,000 | 906,000 | 965,000 | 814,000 | -181,000 | 984,000 | 395,000 | 1,546,000 |
| Depreciation | 766,000 | 709,000 | 634,000 | 577,000 | 598,000 | 1,066,000 | 500,000 | 721,000 | 660,000 | 626,000 | 770,000 | 1,050,000 | 1,187,000 | 1,375,000 | 1,487,000 |
| Amortisation | 11,000 | 16,000 | 18,000 | 12,000 | 13,000 | 6,000 | |||||||||
| Tax | -853,000 | -412,000 | -608,000 | -520,000 | -542,000 | -597,000 | -275,000 | -179,000 | -130,000 | -470,000 | -197,000 | -91,000 | -319,000 | -333,000 | 95,000 |
| Stock | 1,576,000 | 1,377,000 | -16,000 | -129,000 | 524,000 | -616,000 | -385,000 | 513,000 | 90,000 | -23,000 | -515,000 | -545,000 | -1,087,000 | -765,000 | 4,099,000 |
| Debtors | 21,000 | -2,065,000 | 6,079,000 | 925,000 | -402,000 | -2,488,000 | 1,803,000 | -1,165,000 | 1,943,000 | -1,228,000 | 1,131,000 | -2,531,000 | -1,243,000 | 1,878,000 | 9,608,000 |
| Creditors | 61,000 | 31,000 | -142,000 | 305,000 | -956,000 | -120,000 | -5,238,000 | -1,314,000 | 1,157,000 | -1,541,000 | 1,926,000 | -3,474,000 | -1,980,000 | 499,000 | 12,232,000 |
| Accruals and Deferred Income | 3,641,000 | -5,647,000 | 12,348,000 | 2,452,000 | 581,000 | 2,644,000 | 16,388,000 | -1,481,000 | 1,468,000 | -1,981,000 | 1,183,000 | -1,227,000 | -1,254,000 | -2,872,000 | 11,434,000 |
| Deferred Taxes & Provisions | -30,000 | 116,000 | 79,000 | 10,000 | 33,000 | -4,000 | 27,000 | -75,000 | -29,000 | -164,000 | -164,000 | -71,000 | -62,000 | 81,000 | 588,000 |
| Cash flow from operations | 4,579,000 | -917,000 | 10,204,000 | 5,022,000 | 2,597,000 | 8,436,000 | 11,507,000 | -679,000 | 1,999,000 | -1,314,000 | 3,716,000 | -918,000 | 886,000 | -1,968,000 | 13,675,000 |
| Investing Activities | |||||||||||||||
| capital expenditure | -593,000 | -620,000 | 71,000 | -131,000 | 159,000 | 1,738,000 | 286,000 | -427,000 | -196,000 | -262,000 | |||||
| Change in Investments | 660,000 | 1,802,000 | -140,000 | -140,000 | 280,000 | ||||||||||
| cash flow from investments | -660,000 | -1,802,000 | -593,000 | -620,000 | 71,000 | 9,000 | 299,000 | 1,738,000 | 286,000 | -427,000 | -196,000 | -542,000 | |||
| Financing Activities | |||||||||||||||
| Bank loans | -831,000 | 80,000 | 15,000 | -21,000 | 757,000 | ||||||||||
| Group/Directors Accounts | -1,000 | -14,000 | 11,000 | -24,000 | -2,000 | -65,000 | 95,000 | -80,000 | -139,000 | 219,000 | |||||
| Other Short Term Loans | -492,000 | -583,000 | -391,000 | 1,466,000 | |||||||||||
| Long term loans | -458,000 | -955,000 | -892,000 | -444,000 | 2,749,000 | ||||||||||
| Hire Purchase and Lease Commitments | -416,000 | -67,000 | -49,000 | -367,000 | 899,000 | ||||||||||
| other long term liabilities | -1,000 | 1,000 | |||||||||||||
| share issue | |||||||||||||||
| interest | 1,905,000 | 878,000 | 112,000 | 178,000 | 264,000 | 209,000 | 164,000 | 159,000 | 96,000 | 97,000 | 225,000 | 278,000 | 210,000 | 293,000 | -29,000 |
| cash flow from financing | 1,905,000 | 879,000 | 112,000 | 178,000 | -1,043,000 | 208,000 | -634,000 | -566,000 | 72,000 | -446,000 | -2,146,000 | -985,000 | -808,000 | -705,000 | 18,941,000 |
| cash and cash equivalents | |||||||||||||||
| cash | 4,309,000 | -1,614,000 | 9,110,000 | 4,284,000 | 689,000 | 7,639,000 | 9,792,000 | -1,766,000 | 1,938,000 | -1,383,000 | 2,990,000 | -2,311,000 | -497,000 | -4,179,000 | 18,697,000 |
| overdraft | -206,000 | -628,000 | -212,000 | -1,263,000 | 2,309,000 | ||||||||||
| change in cash | 4,309,000 | -1,614,000 | 9,110,000 | 4,284,000 | 689,000 | 7,639,000 | 9,792,000 | -1,766,000 | 1,938,000 | -1,383,000 | 3,196,000 | -1,683,000 | -285,000 | -2,916,000 | 16,388,000 |
henry group (ni) limited Credit Report and Business Information
Henry Group (ni) Limited Competitor Analysis
Perform a competitor analysis for henry group (ni) limited by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other large companies, companies in BT45 area or any other competitors across 12 key performance metrics.
henry group (ni) limited Ownership
HENRY GROUP (NI) LIMITED group structure
Henry Group (Ni) Limited has 6 subsidiary companies.
Ultimate parent company
HENRY GROUP (NI) LIMITED
NI018696
6 subsidiaries
henry group (ni) limited directors
Henry Group (Ni) Limited currently has 8 directors. The longest serving directors include Ms Julie McKeown (Aug 1985) and Mr David Henry (Aug 1985).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Ms Julie McKeown | 54 years | Aug 1985 | - | Director | |
| Mr David Henry | Northern Ireland | 58 years | Aug 1985 | - | Director |
| Mr Ian Henry | Northern Ireland | 53 years | Aug 1985 | - | Director |
| Ms Hazel Young | 62 years | Aug 1985 | - | Director | |
| Mr Alan Mitchell | United Kingdom | 63 years | Apr 1999 | - | Director |
| Mr Allen Reid | 44 years | Jul 2012 | - | Director | |
| Sir George Hamilton | 57 years | Aug 2020 | - | Director | |
| Mr John Milligan | 65 years | Apr 2024 | - | Director |
P&L
March 2024turnover
81.5m
-3%
operating profit
2.6m
-28%
gross margin
10%
+2.23%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2024net assets
32.6m
+0.1%
total assets
72.1m
+0.1%
cash
47.7m
+0.1%
net assets
Total assets minus all liabilities
henry group (ni) limited company details
company number
NI018696
Type
Private limited with Share Capital
industry
64203 - Activities of construction holding companies
incorporation date
August 1985
age
40
incorporated
UK
ultimate parent company
accounts
Group
last accounts submitted
March 2024
previous names
henry brothers (magherafelt) limited (January 2000)
hillside limited (March 1997)
See moreaccountant
-
auditor
BDO NORTHERN IRELAND
address
108-114 moneymore road, magherafelt, co.londonderry, BT45 6HJ
Bank
ULSTER BANK LTD
Legal Advisor
DORIS & MCMAHON
henry group (ni) 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 5 charges/mortgages relating to henry group (ni) limited. Currently there are 2 open charges and 3 have been satisfied in the past.
henry group (ni) 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.
Click to start generating capital raising & share issue transactions for HENRY GROUP (NI) LIMITED. This can take several minutes, an email will notify you when this has completed.
henry group (ni) limited Companies House Filings - See Documents
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