henderson group property limited
henderson group property limited Company Information
Company Number
NI020650
Website
www.henderson-group.comRegistered Address
9 hightown avenue, newtownabbey, co antrim, BT36 4RT
Industry
Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.
Telephone
02890342733
Next Accounts Due
September 2025
Group Structure
View All
Shareholders
john henderson (holdings) ltd 100%
henderson group property limited Estimated Valuation
Pomanda estimates the enterprise value of HENDERSON GROUP PROPERTY LIMITED at £56.9m based on a Turnover of £12m and 4.74x industry multiple (adjusted for size and gross margin).
henderson group property limited Estimated Valuation
Pomanda estimates the enterprise value of HENDERSON GROUP PROPERTY LIMITED at £0 based on an EBITDA of £-4.8m and a 10.83x industry multiple (adjusted for size and gross margin).
henderson group property limited Estimated Valuation
Pomanda estimates the enterprise value of HENDERSON GROUP PROPERTY LIMITED at £85.5m based on Net Assets of £52.8m and 1.62x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Henderson Group Property Limited Overview
Henderson Group Property Limited is a live company located in co antrim, BT36 4RT with a Companies House number of NI020650. It operates in the other letting and operating of own or leased real estate sector, SIC Code 68209. Founded in July 1987, it's largest shareholder is john henderson (holdings) ltd with a 100% stake. Henderson Group Property Limited is a mature, mid sized company, Pomanda has estimated its turnover at £12m with low growth in recent years.
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Henderson Group Property Limited Health Check
Pomanda's financial health check has awarded Henderson Group Property Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 3 areas for improvement. Company Health Check FAQs
4 Strong
3 Regular
3 Weak
Size
annual sales of £12m, make it larger than the average company (£994.7k)
£12m - Henderson Group Property Limited
£994.7k - Industry AVG
Growth
3 year (CAGR) sales growth of 3%, show it is growing at a similar rate (3.3%)
3% - Henderson Group Property Limited
3.3% - Industry AVG
Production
with a gross margin of 100%, this company has a lower cost of product (74%)
100% - Henderson Group Property Limited
74% - Industry AVG
Profitability
an operating margin of -40.7% make it less profitable than the average company (25.8%)
-40.7% - Henderson Group Property Limited
25.8% - Industry AVG
Employees
with 61 employees, this is above the industry average (4)
61 - Henderson Group Property Limited
4 - Industry AVG
Pay Structure
on an average salary of £47.9k, the company has a higher pay structure (£33k)
£47.9k - Henderson Group Property Limited
£33k - Industry AVG
Efficiency
resulting in sales per employee of £196.7k, this is equally as efficient (£199k)
£196.7k - Henderson Group Property Limited
£199k - Industry AVG
Debtor Days
it gets paid by customers after 0 days, this is earlier than average (32 days)
0 days - Henderson Group Property Limited
32 days - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- - Henderson Group Property Limited
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Henderson Group Property Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 5 weeks, this is less cash available to meet short term requirements (11 weeks)
5 weeks - Henderson Group Property Limited
11 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 70.4%, this is a similar level of debt than the average (69.4%)
70.4% - Henderson Group Property Limited
69.4% - Industry AVG
HENDERSON GROUP PROPERTY LIMITED financials
Henderson Group Property Limited's latest turnover from December 2023 is £12 million and the company has net assets of £52.8 million. According to their latest financial statements, Henderson Group Property Limited has 61 employees and maintains cash reserves of £382.5 thousand 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 | 12,001,054 | 11,577,284 | 11,015,691 | 10,921,812 | 9,415,461 | 7,724,064 | |||||||||
| Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 | |||||||||
| Cost Of Sales | 0 | 0 | 0 | 540,310 | -30,310 | 0 | |||||||||
| Gross Profit | 12,001,054 | 11,577,284 | 11,015,691 | 10,381,502 | 9,445,771 | 7,724,064 | |||||||||
| Admin Expenses | 16,880,518 | 6,700,936 | 3,255,738 | 11,033,107 | 4,256,660 | 4,401,940 | |||||||||
| Operating Profit | -4,879,464 | 4,876,348 | 7,759,953 | -651,605 | 5,189,111 | 3,322,124 | |||||||||
| Interest Payable | 11,421,296 | 6,974,968 | 4,691,444 | 4,838,367 | 5,103,798 | 3,759,358 | |||||||||
| Interest Receivable | 488 | 0 | 0 | 78 | 0 | 0 | |||||||||
| Pre-Tax Profit | -16,300,272 | -2,098,620 | 3,068,509 | -5,489,894 | 85,313 | -437,234 | |||||||||
| Tax | 1,249,150 | -821,370 | -1,703,545 | -747,203 | -457,783 | -408,328 | |||||||||
| Profit After Tax | -15,051,122 | -2,919,990 | 1,364,964 | -6,237,097 | -372,470 | -845,562 | |||||||||
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | |||||||||
| Retained Profit | -15,051,122 | -2,919,990 | 1,364,964 | -6,237,097 | -372,470 | -845,562 | |||||||||
| Employee Costs | 2,921,727 | 2,487,293 | 2,640,807 | 2,574,767 | 2,345,253 | 2,041,398 | |||||||||
| Number Of Employees | 61 | 65 | 70 | 65 | 65 | 60 | 57 | 52 | 44 | ||||||
| EBITDA* | -4,814,916 | 4,932,309 | 7,808,929 | -604,830 | 5,232,789 | 3,379,985 |
* 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 | 147,520 | 161,227 | 105,107 | 92,704 | 85,697 | 95,653 | 112,528 | 98,298,304 | 88,364,948 | 77,132,878 | 69,069,990 | 61,295,207 | 64,204,293 | 66,412,316 | 63,990,607 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 174,525,526 | 172,545,651 | 168,489,574 | 152,799,762 | 150,723,418 | 128,704,601 | 112,182,843 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
| Debtors (Due After 1 year) | 161,500 | 180,502 | 2 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 113,604 | 0 | 0 |
| Total Fixed Assets | 174,834,546 | 172,887,380 | 168,594,683 | 152,892,466 | 150,809,115 | 128,800,254 | 112,295,371 | 98,298,305 | 88,364,949 | 77,132,879 | 69,069,991 | 61,295,208 | 64,317,898 | 66,412,317 | 63,990,608 |
| Stock & work in progress | 979,454 | 1,621,948 | 360,000 | 0 | 540,310 | 510,000 | 510,000 | 490,000 | 475,000 | 465,000 | 485,018 | 425,000 | 425,000 | 660,659 | 653,813 |
| Trade Debtors | 21,219 | 8,243 | 30,665 | 18,617 | 21,770 | 0 | 0 | 0 | 0 | 207,988 | 182,991 | 677,567 | 2,540,674 | 625,378 | 4,063,563 |
| Group Debtors | 1,242,389 | 156,277 | 0 | 38,653 | 18,867 | 452,119 | 42,129 | 7,372 | 22,384 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 510,635 | 542,525 | 405,636 | 213,334 | 689,128 | 415,042 | 431,185 | 171,709 | 75,266 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 382,495 | 2,991,484 | 10,361,696 | 1,415,770 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1,835,316 | 2,312,562 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 3,136,192 | 5,320,477 | 11,157,997 | 1,686,374 | 1,270,075 | 1,377,161 | 983,314 | 669,081 | 572,650 | 672,988 | 668,009 | 1,102,567 | 2,965,674 | 3,121,353 | 7,029,938 |
| total assets | 177,970,738 | 178,207,857 | 179,752,680 | 154,578,840 | 152,079,190 | 130,177,415 | 113,278,685 | 98,967,386 | 88,937,599 | 77,805,867 | 69,738,000 | 62,397,775 | 67,283,572 | 69,533,670 | 71,020,546 |
| Bank overdraft | 0 | 0 | 0 | 1,450,000 | 2,583,742 | 3,246,912 | 3,468,484 | 3,189,337 | 3,272,685 | 0 | 3,853,757 | 3,883,889 | 5,115,556 | 2,500,000 | 2,500,000 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 1,723,756 | 1,711,301 | 649,271 | 507,110 | 1,163,108 | 1,546,836 | 121,359 | 672,999 | 246,549 | 4,164,911 | 2,198,953 | 1,862,236 | 1,674,966 | 2,324,913 | 628,883 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 2,118,312 | 2,012,541 | 2,320,587 | 2,029,295 | 2,081,515 | 2,226,674 | 1,326,340 | 1,162,294 | 1,487,783 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 3,842,068 | 3,723,842 | 2,969,858 | 3,986,405 | 5,828,365 | 7,020,422 | 4,916,183 | 5,024,630 | 5,007,017 | 4,164,911 | 6,052,710 | 5,746,125 | 6,790,522 | 4,824,913 | 3,128,883 |
| loans | 116,117,785 | 171,453,294 | 172,333,848 | 148,711,293 | 138,480,870 | 115,291,064 | 99,746,959 | 87,469,747 | 80,796,740 | 0 | 16,450,000 | 23,950,000 | 26,450,000 | 28,950,000 | 31,450,000 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 72,803,950 | 45,752,625 | 30,473,737 | 28,160,481 | 26,448,643 | 25,142,958 |
| provisions | 5,248,137 | 5,216,851 | 3,715,114 | 2,512,246 | 2,163,962 | 1,887,466 | 1,791,518 | 1,630,294 | 1,767,892 | 1,516,410 | 923,323 | 1,010,737 | 1,020,366 | 1,017,163 | 889,668 |
| total long term liabilities | 121,365,922 | 176,670,145 | 176,048,962 | 151,223,539 | 140,644,832 | 117,178,530 | 101,538,477 | 89,100,041 | 82,564,632 | 74,320,360 | 63,125,948 | 55,434,474 | 55,630,847 | 56,415,806 | 57,482,626 |
| total liabilities | 125,207,990 | 180,393,987 | 179,018,820 | 155,209,944 | 146,473,197 | 124,198,952 | 106,454,660 | 94,124,671 | 87,571,649 | 78,485,271 | 69,178,658 | 61,180,599 | 62,421,369 | 61,240,719 | 60,611,509 |
| net assets | 52,762,748 | -2,186,130 | 733,860 | -631,104 | 5,605,993 | 5,978,463 | 6,824,025 | 4,842,715 | 1,365,950 | -679,404 | 559,342 | 1,217,176 | 4,862,203 | 8,292,951 | 10,409,037 |
| total shareholders funds | 52,762,748 | -2,186,130 | 733,860 | -631,104 | 5,605,993 | 5,978,463 | 6,824,025 | 4,842,715 | 1,365,950 | -679,404 | 559,342 | 1,217,176 | 4,862,203 | 8,292,951 | 10,409,037 |
| 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 | -4,879,464 | 4,876,348 | 7,759,953 | -651,605 | 5,189,111 | 3,322,124 | |||||||||
| Depreciation | 64,548 | 55,961 | 48,976 | 46,775 | 43,678 | 57,861 | 35,412 | 25,465 | 20,562 | 13,301 | 8,234 | 15,090 | 22,070 | 27,328 | 31,150 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | 1,249,150 | -821,370 | -1,703,545 | -747,203 | -457,783 | -408,328 | |||||||||
| Stock | -642,494 | 1,261,948 | 360,000 | -540,310 | 30,310 | 0 | 20,000 | 15,000 | 10,000 | -20,018 | 60,018 | 0 | -235,659 | 6,846 | 653,813 |
| Debtors | 1,048,196 | 451,244 | 165,699 | -459,161 | -137,396 | 393,847 | 294,233 | 81,431 | -110,338 | 24,997 | -494,576 | -1,976,711 | 2,028,900 | -3,438,185 | 4,063,563 |
| Creditors | 12,455 | 1,062,030 | 142,161 | -655,998 | -383,728 | 1,425,477 | -551,640 | 426,450 | -3,918,362 | 1,965,958 | 336,717 | 187,270 | -649,947 | 1,696,030 | 628,883 |
| Accruals and Deferred Income | 105,771 | -308,046 | 291,292 | -52,220 | -145,159 | 900,334 | 164,046 | -325,489 | 1,487,783 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 31,286 | 1,501,737 | 1,202,868 | 348,284 | 276,496 | 95,948 | 161,224 | -137,598 | 251,482 | 593,087 | -87,414 | -9,629 | 3,203 | 127,495 | 889,668 |
| Cash flow from operations | -3,821,956 | 4,653,468 | 7,216,006 | -712,496 | 4,629,701 | 4,999,569 | |||||||||
| Investing Activities | |||||||||||||||
| capital expenditure | |||||||||||||||
| Change in Investments | 1,979,875 | 4,056,077 | 15,689,812 | 2,076,344 | 22,018,817 | 16,521,758 | 112,182,842 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 |
| cash flow from investments | |||||||||||||||
| Financing Activities | |||||||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | -55,335,509 | -880,554 | 23,622,555 | 10,230,423 | 23,189,806 | 15,544,105 | 12,277,212 | 6,673,007 | 80,796,740 | -16,450,000 | -7,500,000 | -2,500,000 | -2,500,000 | -2,500,000 | 31,450,000 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -72,803,950 | 27,051,325 | 15,278,888 | 2,313,256 | 1,711,838 | 1,305,685 | 25,142,958 |
| share issue | |||||||||||||||
| interest | -11,420,808 | -6,974,968 | -4,691,444 | -4,838,289 | -5,103,798 | -3,759,358 | |||||||||
| cash flow from financing | 3,243,683 | -7,855,522 | 18,931,111 | 5,392,134 | 18,086,008 | 11,784,747 | |||||||||
| cash and cash equivalents | |||||||||||||||
| cash | -2,608,989 | -7,370,212 | 8,945,926 | 1,415,770 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -1,835,316 | -477,246 | 2,312,562 |
| overdraft | 0 | 0 | -1,450,000 | -1,133,742 | -663,170 | -221,572 | 279,147 | -83,348 | 3,272,685 | -3,853,757 | -30,132 | -1,231,667 | 2,615,556 | 0 | 2,500,000 |
| change in cash | -2,608,989 | -7,370,212 | 10,395,926 | 2,549,512 | 663,170 | 221,572 | -279,147 | 83,348 | -3,272,685 | 3,853,757 | 30,132 | 1,231,667 | -4,450,872 | -477,246 | -187,438 |
henderson group property limited Credit Report and Business Information
Henderson Group Property Limited Competitor Analysis
Perform a competitor analysis for henderson group property limited by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other mid companies, companies in BT36 area or any other competitors across 12 key performance metrics.
henderson group property limited Ownership
HENDERSON GROUP PROPERTY LIMITED group structure
Henderson Group Property Limited has no subsidiary companies.
Ultimate parent company
1 parent
HENDERSON GROUP PROPERTY LIMITED
NI020650
henderson group property limited directors
Henderson Group Property Limited currently has 4 directors. The longest serving directors include Mr Martin Agnew (Jul 1987) and Mr Geoffrey Agnew (Jul 1987).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Martin Agnew | Northern Ireland | 62 years | Jul 1987 | - | Director |
| Mr Geoffrey Agnew | 60 years | Jul 1987 | - | Director | |
| Mr Mark Adrain | 59 years | Jun 2007 | - | Director | |
| Mr Neil Gamble | England | 41 years | Apr 2024 | - | Director |
P&L
December 2023turnover
12m
+4%
operating profit
-4.9m
-200%
gross margin
100%
0%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
52.8m
-25.14%
total assets
178m
0%
cash
382.5k
-0.87%
net assets
Total assets minus all liabilities
henderson group property limited company details
company number
NI020650
Type
Private limited with Share Capital
industry
68209 - Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.
incorporation date
July 1987
age
37
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
December 2023
previous names
creland properties limited (July 1987)
accountant
-
auditor
BDO NORTHERN IRELAND
address
9 hightown avenue, newtownabbey, co antrim, BT36 4RT
Bank
DANSKE BANK
Legal Advisor
HEWITT & GILPIN
henderson group property 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 76 charges/mortgages relating to henderson group property limited. Currently there are 19 open charges and 57 have been satisfied in the past.
henderson group property limited Companies House Filings - See Documents
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