herbst machinery ltd
herbst machinery ltd Company Information
Company Number
NI051422
Next Accounts
Oct 2025
Industry
Manufacture of other general-purpose machinery n.e.c.
Shareholders
ian good
noel good
Group Structure
View All
Contact
Registered Address
120 drumnakilly road, omagh, co tyrone, BT79 0JT
Website
www.herbstmachinery.co.ukherbst machinery ltd Estimated Valuation
Pomanda estimates the enterprise value of HERBST MACHINERY LTD at £961.9k based on a Turnover of £2.2m and 0.44x industry multiple (adjusted for size and gross margin).
herbst machinery ltd Estimated Valuation
Pomanda estimates the enterprise value of HERBST MACHINERY LTD at £4.9m based on an EBITDA of £1.5m and a 3.33x industry multiple (adjusted for size and gross margin).
herbst machinery ltd Estimated Valuation
Pomanda estimates the enterprise value of HERBST MACHINERY LTD at £14.8m based on Net Assets of £7.7m and 1.92x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Herbst Machinery Ltd Overview
Herbst Machinery Ltd is a live company located in co tyrone, BT79 0JT with a Companies House number of NI051422. It operates in the manufacture of other general-purpose machinery n.e.c. sector, SIC Code 28290. Founded in August 2004, it's largest shareholder is ian good with a 50% stake. Herbst Machinery Ltd is a mature, small sized company, Pomanda has estimated its turnover at £2.2m with low growth in recent years.
Upgrade for unlimited company reports & a free credit check
Herbst Machinery Ltd Health Check
Pomanda's financial health check has awarded Herbst Machinery Ltd a 3 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 6 areas for improvement. Company Health Check FAQs
3 Strong
1 Regular
6 Weak
Size
annual sales of £2.2m, make it smaller than the average company (£13.8m)
- Herbst Machinery Ltd
£13.8m - Industry AVG
Growth
3 year (CAGR) sales growth of 4%, show it is growing at a slower rate (9.7%)
- Herbst Machinery Ltd
9.7% - Industry AVG
Production
with a gross margin of 22.4%, this company has a higher cost of product (32.6%)
- Herbst Machinery Ltd
32.6% - Industry AVG
Profitability
an operating margin of 63.2% make it more profitable than the average company (7.1%)
- Herbst Machinery Ltd
7.1% - Industry AVG
Employees
with 32 employees, this is below the industry average (70)
32 - Herbst Machinery Ltd
70 - Industry AVG
Pay Structure
on an average salary of £47.1k, the company has an equivalent pay structure (£47.1k)
- Herbst Machinery Ltd
£47.1k - Industry AVG
Efficiency
resulting in sales per employee of £67.8k, this is less efficient (£163k)
- Herbst Machinery Ltd
£163k - Industry AVG
Debtor Days
it gets paid by customers after 70 days, this is later than average (57 days)
- Herbst Machinery Ltd
57 days - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- Herbst Machinery Ltd
- - Industry AVG
Stock Days
it holds stock equivalent to 68 days, this is less than average (105 days)
- Herbst Machinery Ltd
105 days - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Herbst Machinery Ltd
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 10%, this is a lower level of debt than the average (42.7%)
10% - Herbst Machinery Ltd
42.7% - Industry AVG
HERBST MACHINERY LTD financials
Herbst Machinery Ltd's latest turnover from January 2024 is estimated at £2.2 million and the company has net assets of £7.7 million. According to their latest financial statements, Herbst Machinery Ltd has 32 employees and maintains cash reserves of £6.5 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jan 2024 | Jan 2023 | Jan 2022 | Jan 2021 | Jan 2020 | Jan 2019 | Jan 2018 | Jan 2017 | Jan 2016 | Jan 2015 | Jan 2014 | Jan 2013 | Jan 2012 | Jan 2011 | Jan 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | |||||||||||||||
| Other Income Or Grants | |||||||||||||||
| Cost Of Sales | |||||||||||||||
| Gross Profit | |||||||||||||||
| Admin Expenses | |||||||||||||||
| Operating Profit | |||||||||||||||
| Interest Payable | |||||||||||||||
| Interest Receivable | |||||||||||||||
| Pre-Tax Profit | |||||||||||||||
| Tax | |||||||||||||||
| Profit After Tax | |||||||||||||||
| Dividends Paid | |||||||||||||||
| Retained Profit | |||||||||||||||
| Employee Costs | |||||||||||||||
| Number Of Employees | 32 | 32 | 33 | 35 | 35 | 29 | |||||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jan 2024 | Jan 2023 | Jan 2022 | Jan 2021 | Jan 2020 | Jan 2019 | Jan 2018 | Jan 2017 | Jan 2016 | Jan 2015 | Jan 2014 | Jan 2013 | Jan 2012 | Jan 2011 | Jan 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 1,282,404 | 1,187,823 | 1,218,377 | 1,293,597 | 1,299,629 | 1,276,147 | 1,233,168 | 1,014,179 | 592,786 | 404,350 | 138,554 | 81,001 | 91,485 | 91,671 | 92,140 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 7,000 | 14,000 | 21,000 | 28,000 | 35,000 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 1,282,404 | 1,187,823 | 1,218,377 | 1,293,597 | 1,299,629 | 1,276,147 | 1,233,168 | 1,014,179 | 592,786 | 404,350 | 145,554 | 95,001 | 112,485 | 119,671 | 127,140 |
| Stock & work in progress | 315,290 | 269,650 | 229,560 | 215,600 | 255,950 | 639,200 | 396,520 | 319,520 | 251,220 | 312,200 | 392,560 | 345,220 | 195,005 | 110,520 | 101,485 |
| Trade Debtors | 420,353 | 337,055 | 626,481 | 360,105 | 711,680 | 565,836 | 408,161 | 356,127 | 328,361 | 392,970 | 433,292 | 603,209 | 623,742 | 500,395 | 458,774 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 6,546,101 | 5,493,606 | 3,835,443 | 3,161,260 | 2,154,010 | 1,534,166 | 1,554,020 | 1,580,067 | 1,761,744 | 1,172,972 | 703,653 | 672,905 | 535,342 | 684,319 | 611,672 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 7,281,744 | 6,100,311 | 4,691,484 | 3,736,965 | 3,121,640 | 2,739,202 | 2,358,701 | 2,255,714 | 2,341,325 | 1,878,142 | 1,529,505 | 1,621,334 | 1,354,089 | 1,295,234 | 1,171,931 |
| total assets | 8,564,148 | 7,288,134 | 5,909,861 | 5,030,562 | 4,421,269 | 4,015,349 | 3,591,869 | 3,269,893 | 2,934,111 | 2,282,492 | 1,675,059 | 1,716,335 | 1,466,574 | 1,414,905 | 1,299,071 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 0 | 0 | 746,489 | 601,533 | 534,013 | 517,767 | 381,663 | 375,821 | 805,787 | 614,602 | 413,741 | 529,213 | 434,352 | 422,686 | 460,887 |
| 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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 0 | 0 | 746,489 | 601,533 | 534,013 | 517,767 | 381,663 | 375,821 | 805,787 | 614,602 | 413,741 | 529,213 | 434,352 | 422,686 | 460,887 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 208 | 18,372 | 10,869 | 107,278 | 88,332 |
| 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 | 857,154 | 847,659 | 0 | 0 | 0 | 0 | 0 | 0 | 1,634 | 730 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 857,154 | 847,659 | 0 | 0 | 0 | 0 | 0 | 0 | 1,634 | 730 | 208 | 18,372 | 10,869 | 107,278 | 88,332 |
| total liabilities | 857,154 | 847,659 | 746,489 | 601,533 | 534,013 | 517,767 | 381,663 | 375,821 | 807,421 | 615,332 | 413,949 | 547,585 | 445,221 | 529,964 | 549,219 |
| net assets | 7,706,994 | 6,440,475 | 5,163,372 | 4,429,029 | 3,887,256 | 3,497,582 | 3,210,206 | 2,894,072 | 2,126,690 | 1,667,160 | 1,261,110 | 1,168,750 | 1,021,353 | 884,941 | 749,852 |
| total shareholders funds | 7,706,994 | 6,440,475 | 5,163,372 | 4,429,029 | 3,887,256 | 3,497,582 | 3,210,206 | 2,894,072 | 2,126,690 | 1,667,160 | 1,261,110 | 1,168,750 | 1,021,353 | 884,941 | 749,852 |
| Jan 2024 | Jan 2023 | Jan 2022 | Jan 2021 | Jan 2020 | Jan 2019 | Jan 2018 | Jan 2017 | Jan 2016 | Jan 2015 | Jan 2014 | Jan 2013 | Jan 2012 | Jan 2011 | Jan 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | |||||||||||||||
| Depreciation | 89,101 | 97,054 | 94,470 | 109,962 | 134,532 | 129,902 | 132,942 | 88,556 | 72,241 | 25,633 | 15,869 | 18,246 | 18,978 | 17,092 | |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 7,000 | 7,000 | 7,000 | 7,000 | 7,000 | 7,000 | |
| Tax | |||||||||||||||
| Stock | 45,640 | 40,090 | 13,960 | -40,350 | -383,250 | 242,680 | 77,000 | 68,300 | -60,980 | -80,360 | 47,340 | 150,215 | 84,485 | 9,035 | 101,485 |
| Debtors | 83,298 | -289,426 | 266,376 | -351,575 | 145,844 | 157,675 | 52,034 | 27,766 | -64,609 | -40,322 | -169,917 | -20,533 | 123,347 | 41,621 | 458,774 |
| Creditors | 0 | -746,489 | 144,956 | 67,520 | 16,246 | 136,104 | 5,842 | -429,966 | 191,185 | 200,861 | -115,472 | 94,861 | 11,666 | -38,201 | 460,887 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | |||||||||||||||
| Investing Activities | |||||||||||||||
| capital expenditure | |||||||||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -208 | -18,164 | 7,503 | -96,409 | 18,946 | 88,332 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 9,495 | 847,659 | 0 | 0 | 0 | 0 | 0 | -1,634 | 904 | 730 | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||||||||||||
| interest | |||||||||||||||
| cash flow from financing | |||||||||||||||
| cash and cash equivalents | |||||||||||||||
| cash | 1,052,495 | 1,658,163 | 674,183 | 1,007,250 | 619,844 | -19,854 | -26,047 | -181,677 | 588,772 | 469,319 | 30,748 | 137,563 | -148,977 | 72,647 | 611,672 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 1,052,495 | 1,658,163 | 674,183 | 1,007,250 | 619,844 | -19,854 | -26,047 | -181,677 | 588,772 | 469,319 | 30,748 | 137,563 | -148,977 | 72,647 | 611,672 |
herbst machinery ltd Credit Report and Business Information
Herbst Machinery Ltd Competitor Analysis
Perform a competitor analysis for herbst machinery ltd by selecting its closest rivals, whether from the MANUFACTURING sector, other small companies, companies in BT79 area or any other competitors across 12 key performance metrics.
herbst machinery ltd Ownership
HERBST MACHINERY LTD group structure
Herbst Machinery Ltd has no subsidiary companies.
Ultimate parent company
HERBST MACHINERY LTD
NI051422
herbst machinery ltd directors
Herbst Machinery Ltd currently has 2 directors. The longest serving directors include Mr Noel Good (Aug 2004) and Mr Ian Good (Feb 2022).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Noel Good | 68 years | Aug 2004 | - | Director | |
| Mr Ian Good | 41 years | Feb 2022 | - | Director |
P&L
January 2024turnover
2.2m
+31%
operating profit
1.4m
0%
gross margin
22.4%
+18.72%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
January 2024net assets
7.7m
+0.2%
total assets
8.6m
+0.18%
cash
6.5m
+0.19%
net assets
Total assets minus all liabilities
herbst machinery ltd company details
company number
NI051422
Type
Private limited with Share Capital
industry
28290 - Manufacture of other general-purpose machinery n.e.c.
incorporation date
August 2004
age
20
incorporated
UK
ultimate parent company
accounts
Unaudited Abridged
last accounts submitted
January 2024
previous names
N/A
accountant
-
auditor
-
address
120 drumnakilly road, omagh, co tyrone, BT79 0JT
Bank
-
Legal Advisor
-
herbst machinery 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 herbst machinery ltd.
herbst machinery ltd Companies House Filings - See Documents
| date | description | view/download |
|---|
