hutchison & white ltd

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hutchison & white ltd Company Information

Share HUTCHISON & WHITE LTD

Company Number

NI067740

Directors

Keith White

Shareholders

brian white

keith white

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Group Structure

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Industry

Activities of insurance agents and brokers

 

Registered Address

55 schomberg avenue, belfast, BT4 2JR

hutchison & white ltd Estimated Valuation

£293.4k

Pomanda estimates the enterprise value of HUTCHISON & WHITE LTD at £293.4k based on a Turnover of £375.1k and 0.78x industry multiple (adjusted for size and gross margin).

hutchison & white ltd Estimated Valuation

£0

Pomanda estimates the enterprise value of HUTCHISON & WHITE LTD at £0 based on an EBITDA of £-12.7k and a 4.37x industry multiple (adjusted for size and gross margin).

hutchison & white ltd Estimated Valuation

£146.1k

Pomanda estimates the enterprise value of HUTCHISON & WHITE LTD at £146.1k based on Net Assets of £85k and 1.72x industry multiple (adjusted for liquidity).

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Hutchison & White Ltd Overview

Hutchison & White Ltd is a live company located in belfast, BT4 2JR with a Companies House number of NI067740. It operates in the activities of insurance agents and brokers sector, SIC Code 66220. Founded in January 2008, it's largest shareholder is brian white with a 32% stake. Hutchison & White Ltd is a established, micro sized company, Pomanda has estimated its turnover at £375.1k with declining growth in recent years.

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Hutchison & White Ltd Health Check

Pomanda's financial health check has awarded Hutchison & White Ltd a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 7 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating1.5out of 5
positive_score

1 Strong

positive_score

2 Regular

positive_score

7 Weak

size

Size

annual sales of £375.1k, make it smaller than the average company (£2.3m)

£375.1k - Hutchison & White Ltd

£2.3m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -2%, show it is growing at a slower rate (7%)

-2% - Hutchison & White Ltd

7% - Industry AVG

production

Production

with a gross margin of 68.2%, this company has a higher cost of product (96.9%)

68.2% - Hutchison & White Ltd

96.9% - Industry AVG

profitability

Profitability

an operating margin of -3.4% make it less profitable than the average company (20.2%)

-3.4% - Hutchison & White Ltd

20.2% - Industry AVG

employees

Employees

with 5 employees, this is below the industry average (17)

5 - Hutchison & White Ltd

17 - Industry AVG

paystructure

Pay Structure

on an average salary of £53.8k, the company has an equivalent pay structure (£53.8k)

£53.8k - Hutchison & White Ltd

£53.8k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £75k, this is less efficient (£120.6k)

£75k - Hutchison & White Ltd

£120.6k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 193 days, this is later than average (69 days)

193 days - Hutchison & White Ltd

69 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 351 days, this is slower than average (151 days)

351 days - Hutchison & White Ltd

151 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Hutchison & White Ltd

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - Hutchison & White Ltd

- - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 57.5%, this is a similar level of debt than the average (55.2%)

57.5% - Hutchison & White Ltd

55.2% - Industry AVG

HUTCHISON & WHITE LTD financials

EXPORTms excel logo

Hutchison & White Ltd's latest turnover from March 2024 is estimated at £375.1 thousand and the company has net assets of £85 thousand. According to their latest financial statements, Hutchison & White Ltd has 5 employees and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Turnover375,109352,821352,560399,269382,630342,729340,176478,187207,298180,127131,257100,73847,98241,10858,111
Other Income Or Grants
Cost Of Sales119,290114,443127,371161,147148,692143,372148,690224,11588,92385,37371,18459,70827,97922,99430,337
Gross Profit255,819238,378225,189238,122233,938199,357191,486254,071118,37594,75560,07341,03120,00318,11527,774
Admin Expenses268,522249,453243,226229,549223,098195,057196,359174,081166,93074,96952,20620,53921,367-4,635-30,672
Operating Profit-12,703-11,075-18,0378,57310,8404,300-4,87379,990-48,55519,7867,86720,492-1,36422,75058,446
Interest Payable
Interest Receivable111550622523437438379150
Pre-Tax Profit-12,703-11,075-18,0378,57310,8404,300-4,87380,101-48,00520,4098,39120,929-92623,12958,596
Tax-1,629-2,060-817-16,020-4,286-1,930-5,023-6,476-16,407
Profit After Tax-12,703-11,075-18,0376,9448,7803,483-4,87364,081-48,00516,1236,46115,906-92616,65342,189
Dividends Paid
Retained Profit-12,703-11,075-18,0376,9448,7803,483-4,87364,081-48,00516,1236,46115,906-92616,65342,189
Employee Costs269,118242,444242,401248,587231,573220,371130,874174,40585,68484,27081,23839,65239,38037,35039,906
Number Of Employees555555342221111
EBITDA*-12,703-11,075-18,0378,57310,8404,300-4,87379,990-46,81522,44310,54523,5461,83726,00361,565

* Earnings Before Interest, Tax, Depreciation and Amortisation

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Tangible Assets1,1932,2564,3952,7062,4392,1463,7884,8685,1905,5906,2187,8558,0629,76910,558
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets1,1932,2564,3952,7062,4392,1463,7884,8685,1905,5906,2187,8558,0629,76910,558
Stock & work in progress
Trade Debtors198,591197,811213,988224,029208,210200,105196,187248,887106,89996,16082,62563,39131,25128,77941,182
Group Debtors
Misc Debtors421421
Cash89,121130,682118,28191,10183,56191,51560,127
misc current assets
total current assets198,591197,811213,988224,029208,210200,105196,187248,887196,020226,842200,906154,492114,812120,715101,730
total assets199,784200,067218,383226,735210,649202,251199,975253,755201,210232,432207,124162,347122,874130,484112,288
Bank overdraft
Bank loan
Trade Creditors 114,783102,363109,60499,91990,77791,15992,366141,273121,854105,01095,72157,10533,93040,42938,886
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
total current liabilities114,783102,363109,60499,91990,77791,15992,366141,273121,854105,01095,72157,10533,93040,42938,886
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions9551,0161,1201,4201,0281,2131,213
total long term liabilities9551,0161,1201,4201,0281,2131,213
total liabilities114,783102,363109,60499,91990,77791,15992,366141,273122,809106,02696,84158,52534,95841,64240,099
net assets85,00197,704108,779126,816119,872111,092107,609112,48278,401126,406110,283103,82287,91688,84272,189
total shareholders funds85,00197,704108,779126,816119,872111,092107,609112,48278,401126,406110,283103,82287,91688,84272,189
Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Operating Activities
Operating Profit-12,703-11,075-18,0378,57310,8404,300-4,87379,990-48,55519,7867,86720,492-1,36422,75058,446
Depreciation1,7402,6572,6783,0543,2013,2533,119
Amortisation
Tax-1,629-2,060-817-16,020-4,286-1,930-5,023-6,476-16,407
Stock
Debtors780-16,177-10,04115,8198,1053,918-52,700141,98810,73913,53519,23432,1402,051-12,40341,603
Creditors12,420-7,2419,6859,142-382-1,207-48,90719,41916,8449,28938,61623,175-6,4991,54338,886
Accruals and Deferred Income
Deferred Taxes & Provisions-955-61-104-300392-1851,213
Cash flow from operations-1,063-2,1391,689267293-1,642-1,080-59,554-40,77113,80727,6979,950-6,89833,47343,654
Investing Activities
capital expenditure1,0632,139-1,689-267-2931,6421,080322-1,340-2,029-1,041-2,847-1,494-2,464-13,677
Change in Investments
cash flow from investments1,0632,139-1,689-267-2931,6421,080322-1,340-2,029-1,041-2,847-1,494-2,464-13,677
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
share issue-30,00030,000
interest111550622523437438379150
cash flow from financing-29,88955062252343743837930,150
cash and cash equivalents
cash-89,121-41,56112,40127,1807,540-7,95431,38860,127
overdraft
change in cash-89,121-41,56112,40127,1807,540-7,95431,38860,127

hutchison & white ltd Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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Hutchison & White Ltd Competitor Analysis

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Perform a competitor analysis for hutchison & white ltd by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other micro companies, companies in BT4 area or any other competitors across 12 key performance metrics.

hutchison & white ltd Ownership

HUTCHISON & WHITE LTD group structure

Hutchison & White Ltd has no subsidiary companies.

Ultimate parent company

HUTCHISON & WHITE LTD

NI067740

HUTCHISON & WHITE LTD Shareholders

brian white 32%
keith white 30%
janet white 19%
carla white 19%

hutchison & white ltd directors

Hutchison & White Ltd currently has 1 director, Mr Keith White serving since Jan 2008.

officercountryagestartendrole
Mr Keith WhiteNorthern Ireland49 years Jan 2008- Director

P&L

March 2024

turnover

375.1k

+6%

operating profit

-12.7k

0%

gross margin

68.2%

+0.94%

turnover

Turnover, or revenue, is the amount of sales generated by a company within the financial year.

Balance Sheet

March 2024

net assets

85k

-0.13%

total assets

199.8k

0%

cash

0

0%

net assets

Total assets minus all liabilities

hutchison & white ltd company details

company number

NI067740

Type

Private limited with Share Capital

industry

66220 - Activities of insurance agents and brokers

incorporation date

January 2008

age

17

incorporated

UK

ultimate parent company

None

accounts

Micro-Entity Accounts

last accounts submitted

March 2024

previous names

N/A

accountant

MCLLVEEN HOWARD LIMITED

auditor

-

address

55 schomberg avenue, belfast, BT4 2JR

Bank

ULSTER BANK LTD

Legal Advisor

-

hutchison & white 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 hutchison & white ltd.

hutchison & white 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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hutchison & white ltd Companies House Filings - See Documents

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