hewitt & gilpin solicitors limited
hewitt & gilpin solicitors limited Company Information
Company Number
NI073262
Website
www.hewittandgilpin.co.ukRegistered Address
73 holywood road, belfast, BT4 3BA
Industry
Other business support service activities n.e.c.
Telephone
02890573573
Next Accounts Due
September 2024
Group Structure
View All
Shareholders
craig russell 14.3%
michael harrison 14.3%
View Allhewitt & gilpin solicitors limited Estimated Valuation
Pomanda estimates the enterprise value of HEWITT & GILPIN SOLICITORS LIMITED at £2.2m based on a Turnover of £3.5m and 0.64x industry multiple (adjusted for size and gross margin).
hewitt & gilpin solicitors limited Estimated Valuation
Pomanda estimates the enterprise value of HEWITT & GILPIN SOLICITORS LIMITED at £3.6m based on an EBITDA of £705.1k and a 5.13x industry multiple (adjusted for size and gross margin).
hewitt & gilpin solicitors limited Estimated Valuation
Pomanda estimates the enterprise value of HEWITT & GILPIN SOLICITORS LIMITED at £5m based on Net Assets of £2m and 2.57x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Hewitt & Gilpin Solicitors Limited Overview
Hewitt & Gilpin Solicitors Limited is a live company located in belfast, BT4 3BA with a Companies House number of NI073262. It operates in the other business support service activities n.e.c. sector, SIC Code 82990. Founded in July 2009, it's largest shareholder is craig russell with a 14.3% stake. Hewitt & Gilpin Solicitors Limited is a established, small sized company, Pomanda has estimated its turnover at £3.5m with declining growth in recent years.
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Hewitt & Gilpin Solicitors Limited Health Check
Pomanda's financial health check has awarded Hewitt & Gilpin Solicitors Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 1 areas for improvement. Company Health Check FAQs
4 Strong
6 Regular
1 Weak
Size
annual sales of £3.5m, make it in line with the average company (£3.8m)
- Hewitt & Gilpin Solicitors Limited
£3.8m - Industry AVG
Growth
3 year (CAGR) sales growth of -5%, show it is growing at a slower rate (3%)
- Hewitt & Gilpin Solicitors Limited
3% - Industry AVG
Production
with a gross margin of 38.8%, this company has a comparable cost of product (38.8%)
- Hewitt & Gilpin Solicitors Limited
38.8% - Industry AVG
Profitability
an operating margin of 16.9% make it more profitable than the average company (6.3%)
- Hewitt & Gilpin Solicitors Limited
6.3% - Industry AVG
Employees
with 25 employees, this is similar to the industry average (25)
25 - Hewitt & Gilpin Solicitors Limited
25 - Industry AVG
Pay Structure
on an average salary of £50.6k, the company has an equivalent pay structure (£50.6k)
- Hewitt & Gilpin Solicitors Limited
£50.6k - Industry AVG
Efficiency
resulting in sales per employee of £138.4k, this is equally as efficient (£157.6k)
- Hewitt & Gilpin Solicitors Limited
£157.6k - Industry AVG
Debtor Days
it gets paid by customers after 46 days, this is near the average (44 days)
- Hewitt & Gilpin Solicitors Limited
44 days - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- Hewitt & Gilpin Solicitors Limited
- - Industry AVG
Stock Days
it holds stock equivalent to 21 days, this is less than average (32 days)
- Hewitt & Gilpin Solicitors Limited
32 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 48 weeks, this is more cash available to meet short term requirements (24 weeks)
48 weeks - Hewitt & Gilpin Solicitors Limited
24 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 26.5%, this is a lower level of debt than the average (63.6%)
26.5% - Hewitt & Gilpin Solicitors Limited
63.6% - Industry AVG
HEWITT & GILPIN SOLICITORS LIMITED financials
Hewitt & Gilpin Solicitors Limited's latest turnover from December 2022 is estimated at £3.5 million and the company has net assets of £2 million. According to their latest financial statements, Hewitt & Gilpin Solicitors Limited has 25 employees and maintains cash reserves of £566.6 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 | 25 | 25 | 26 | 26 | 26 | 27 | 28 | 27 | |||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 227,760 | 200,763 | 227,784 | 201,623 | 211,111 | 222,569 | 240,566 | 268,089 | 48,287 | 54,280 | 71,714 | 82,961 | 86,702 |
| Intangible Assets | 675,000 | 775,000 | 875,000 | 975,000 | 1,075,000 | 1,175,000 | 1,275,000 | 1,375,000 | 1,475,000 | 1,575,000 | 1,675,000 | 1,775,000 | 1,875,000 |
| Investments & Other | 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 |
| Total Fixed Assets | 902,760 | 975,763 | 1,102,784 | 1,176,623 | 1,286,111 | 1,397,569 | 1,515,566 | 1,643,089 | 1,523,287 | 1,629,280 | 1,746,714 | 1,857,961 | 1,961,702 |
| Stock & work in progress | 121,827 | 86,656 | 70,065 | 121,056 | 101,191 | 91,392 | 77,984 | 119,688 | 123,381 | 122,954 | 121,857 | 84,820 | 96,865 |
| Trade Debtors | 436,769 | 507,399 | 515,424 | 585,157 | 608,277 | 401,303 | 514,526 | 632,876 | 843,835 | 706,583 | 585,437 | 499,683 | 645,719 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 628,757 | 130,787 | 139,649 | 125,936 | 123,777 | 348,771 | 142,069 | 144,333 | 0 | 0 | 0 | 0 | 0 |
| Cash | 566,565 | 465,991 | 533,344 | 362,312 | 309,713 | 248,910 | 222,565 | 255,504 | 249,262 | 164,384 | 340,139 | 53,563 | 227,128 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 1,753,918 | 1,190,833 | 1,258,482 | 1,194,461 | 1,142,958 | 1,090,376 | 957,144 | 1,152,401 | 1,216,478 | 993,921 | 1,047,433 | 638,066 | 969,712 |
| total assets | 2,656,678 | 2,166,596 | 2,361,266 | 2,371,084 | 2,429,069 | 2,487,945 | 2,472,710 | 2,795,490 | 2,739,765 | 2,623,201 | 2,794,147 | 2,496,027 | 2,931,414 |
| Bank overdraft | 156,654 | 169,871 | 78,859 | 79,217 | 195,871 | 82,701 | 90,100 | 207,521 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 111,461 | 105,718 | 0 | 119,650 | 99,376 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 486,049 | 439,604 | 532,353 | 293,734 | 456,989 |
| Group/Directors Accounts | 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 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 448,851 | 317,035 | 311,403 | 319,382 | 357,713 | 261,666 | 212,305 | 283,436 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 605,505 | 486,906 | 501,723 | 504,317 | 553,584 | 464,017 | 401,781 | 490,957 | 486,049 | 439,604 | 532,353 | 293,734 | 456,989 |
| loans | 71,169 | 139,204 | 243,521 | 115,558 | 147,836 | 211,228 | 172,091 | 163,972 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 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 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 16,644 | 53,139 | 155,963 | 225,567 | 155,631 | 343,956 |
| provisions | 28,530 | 57,103 | 13,003 | 5,836 | 9,371 | 8,862 | 14,422 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 99,699 | 196,307 | 256,524 | 121,394 | 157,207 | 220,090 | 186,513 | 180,616 | 53,139 | 155,963 | 225,567 | 155,631 | 343,956 |
| total liabilities | 705,204 | 683,213 | 758,247 | 625,711 | 710,791 | 684,107 | 588,294 | 671,573 | 539,188 | 595,567 | 757,920 | 449,365 | 800,945 |
| net assets | 1,951,474 | 1,483,383 | 1,603,019 | 1,745,373 | 1,718,278 | 1,803,838 | 1,884,416 | 2,123,917 | 2,200,577 | 2,027,634 | 2,036,227 | 2,046,662 | 2,130,469 |
| total shareholders funds | 1,951,474 | 1,483,383 | 1,603,019 | 1,745,373 | 1,718,278 | 1,803,838 | 1,884,416 | 2,123,917 | 2,200,577 | 2,027,634 | 2,036,227 | 2,046,662 | 2,130,469 |
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||
| Operating Profit | |||||||||||||
| Depreciation | 19,736 | 27,021 | 30,994 | 19,650 | 25,022 | 27,624 | 37,261 | 32,539 | 13,571 | 17,472 | 22,815 | 22,705 | 32,442 |
| Amortisation | 100,000 | 100,000 | 100,000 | 100,000 | 10,000 | 100,000 | 100,000 | 100,000 | 100,000 | 100,000 | 100,000 | 10,000 | 125,000 |
| Tax | |||||||||||||
| Stock | 35,171 | 16,591 | -50,991 | 19,865 | 9,799 | 13,408 | -41,704 | -3,693 | 427 | 1,097 | 37,037 | -12,045 | 96,865 |
| Debtors | 427,340 | -16,887 | -56,020 | -20,961 | -18,020 | 93,479 | -120,614 | -66,626 | 137,252 | 121,146 | 85,754 | -146,036 | 645,719 |
| Creditors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -486,049 | 46,445 | -92,749 | 238,619 | -163,255 | 456,989 |
| Accruals and Deferred Income | 131,816 | 5,632 | -7,979 | -38,331 | 96,047 | 49,361 | -71,131 | 283,436 | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | -28,573 | 44,100 | 7,167 | -3,535 | 509 | -5,560 | 14,422 | 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 |
| cash flow from investments | |||||||||||||
| Financing Activities | |||||||||||||
| Bank loans | 0 | -111,461 | 5,743 | 105,718 | -119,650 | 20,274 | 99,376 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 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 |
| Long term loans | -68,035 | -104,317 | 127,963 | -32,278 | -63,392 | 39,137 | 8,119 | 163,972 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | -16,644 | -36,495 | -102,824 | -69,604 | 69,936 | -188,325 | 343,956 |
| share issue | |||||||||||||
| interest | |||||||||||||
| cash flow from financing | |||||||||||||
| cash and cash equivalents | |||||||||||||
| cash | 100,574 | -67,353 | 171,032 | 52,599 | 60,803 | 26,345 | -32,939 | 6,242 | 84,878 | -175,755 | 286,576 | -173,565 | 227,128 |
| overdraft | -13,217 | 91,012 | -358 | -116,654 | 113,170 | -7,399 | -117,421 | 207,521 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 113,791 | -158,365 | 171,390 | 169,253 | -52,367 | 33,744 | 84,482 | -201,279 | 84,878 | -175,755 | 286,576 | -173,565 | 227,128 |
hewitt & gilpin solicitors limited Credit Report and Business Information
Hewitt & Gilpin Solicitors Limited Competitor Analysis
Perform a competitor analysis for hewitt & gilpin solicitors limited by selecting its closest rivals and benchmarking them against 12 key performance metrics.
hewitt & gilpin solicitors limited Ownership
HEWITT & GILPIN SOLICITORS LIMITED group structure
Hewitt & Gilpin Solicitors Limited has no subsidiary companies.
Ultimate parent company
HEWITT & GILPIN SOLICITORS LIMITED
NI073262
hewitt & gilpin solicitors limited directors
Hewitt & Gilpin Solicitors Limited currently has 6 directors. The longest serving directors include Ms Naomi Barfoot (Jul 2009) and Mr David Wheeler (Jan 2010).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Ms Naomi Barfoot | Northern Ireland | 51 years | Jul 2009 | - | Director |
| Mr David Wheeler | Northern Ireland | 47 years | Jan 2010 | - | Director |
| Mr Andrew Hamilton | Northern Ireland | 48 years | Jan 2013 | - | Director |
| Mr Timothy Bradshaw | Northern Ireland | 47 years | Jan 2015 | - | Director |
| Mr Timothy Haslett | 52 years | Jan 2020 | - | Director | |
| Mrs Sandra Browne | Northern Ireland | 43 years | Jan 2023 | - | Director |
P&L
December 2022turnover
3.5m
-2%
operating profit
585.3k
0%
gross margin
38.9%
+3.44%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2022net assets
2m
+0.32%
total assets
2.7m
+0.23%
cash
566.6k
+0.22%
net assets
Total assets minus all liabilities
Similar Companies
hewitt & gilpin solicitors limited company details
company number
NI073262
Type
Private limited with Share Capital
industry
82990 - Other business support service activities n.e.c.
incorporation date
July 2009
age
15
accounts
Total Exemption Full
ultimate parent company
previous names
N/A
incorporated
UK
address
73 holywood road, belfast, BT4 3BA
last accounts submitted
December 2022
hewitt & gilpin solicitors 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 did not find charges/mortgages relating to hewitt & gilpin solicitors limited.
hewitt & gilpin solicitors limited Companies House Filings - See Documents
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