hughes family holdings limited
hughes family holdings limited Company Information
Company Number
NI634385
Next Accounts
Sep 2025
Shareholders
kieran hughes
emmet hughes
View AllGroup Structure
View All
Industry
Non-trading company
Registered Address
118 trew mount road, dungannon, county tyrone, BT71 7EF
Website
https://hughesgroup.ltd/hughes family holdings limited Estimated Valuation
Pomanda estimates the enterprise value of HUGHES FAMILY HOLDINGS LIMITED at £52m based on a Turnover of £55.5m and 0.94x industry multiple (adjusted for size and gross margin).
hughes family holdings limited Estimated Valuation
Pomanda estimates the enterprise value of HUGHES FAMILY HOLDINGS LIMITED at £23.1m based on an EBITDA of £3.5m and a 6.63x industry multiple (adjusted for size and gross margin).
hughes family holdings limited Estimated Valuation
Pomanda estimates the enterprise value of HUGHES FAMILY HOLDINGS LIMITED at £18.4m based on Net Assets of £13.6m and 1.35x industry multiple (adjusted for liquidity).
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Hughes Family Holdings Limited Overview
Hughes Family Holdings Limited is a live company located in county tyrone, BT71 7EF with a Companies House number of NI634385. It operates in the non-trading company sector, SIC Code 74990. Founded in October 2015, it's largest shareholder is kieran hughes with a 70.3% stake. Hughes Family Holdings Limited is a established, large sized company, Pomanda has estimated its turnover at £55.5m with low growth in recent years.
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Hughes Family Holdings Limited Health Check
Pomanda's financial health check has awarded Hughes Family Holdings Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 6 areas for improvement. Company Health Check FAQs
4 Strong
2 Regular
6 Weak
Size
annual sales of £55.5m, make it larger than the average company (£3.8m)
£55.5m - Hughes Family Holdings Limited
£3.8m - Industry AVG
Growth
3 year (CAGR) sales growth of 4%, show it is growing at a slower rate (5.8%)
4% - Hughes Family Holdings Limited
5.8% - Industry AVG
Production
with a gross margin of 15.2%, this company has a higher cost of product (36%)
15.2% - Hughes Family Holdings Limited
36% - Industry AVG
Profitability
an operating margin of 3.8% make it less profitable than the average company (5%)
3.8% - Hughes Family Holdings Limited
5% - Industry AVG
Employees
with 243 employees, this is above the industry average (41)
243 - Hughes Family Holdings Limited
41 - Industry AVG
Pay Structure
on an average salary of £42.4k, the company has an equivalent pay structure (£41.8k)
£42.4k - Hughes Family Holdings Limited
£41.8k - Industry AVG
Efficiency
resulting in sales per employee of £228.3k, this is more efficient (£154.1k)
£228.3k - Hughes Family Holdings Limited
£154.1k - Industry AVG
Debtor Days
it gets paid by customers after 53 days, this is later than average (41 days)
53 days - Hughes Family Holdings Limited
41 days - Industry AVG
Creditor Days
its suppliers are paid after 37 days, this is close to average (41 days)
37 days - Hughes Family Holdings Limited
41 days - Industry AVG
Stock Days
it holds stock equivalent to 25 days, this is less than average (47 days)
25 days - Hughes Family Holdings Limited
47 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (34 weeks)
0 weeks - Hughes Family Holdings Limited
34 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 69.1%, this is a higher level of debt than the average (47.5%)
69.1% - Hughes Family Holdings Limited
47.5% - Industry AVG
HUGHES FAMILY HOLDINGS LIMITED financials
Hughes Family Holdings Limited's latest turnover from December 2023 is £55.5 million and the company has net assets of £13.6 million. According to their latest financial statements, Hughes Family Holdings Limited has 243 employees and maintains cash reserves of £59.1 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 | |
|---|---|---|---|---|---|---|---|---|
| Turnover | 55,486,163 | 52,513,793 | 51,501,871 | 49,619,950 | 40,909,418 | 39,948,933 | 29,650,685 | 27,754,965 |
| Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cost Of Sales | 47,043,727 | 45,474,538 | 44,926,912 | 42,602,478 | 36,169,904 | 36,346,395 | 26,411,857 | 24,943,491 |
| Gross Profit | 8,442,436 | 7,039,255 | 6,574,959 | 7,017,472 | 4,739,514 | 3,602,538 | 3,238,828 | 2,811,474 |
| Admin Expenses | 6,344,708 | 5,075,725 | 4,140,076 | 4,093,234 | 3,396,569 | 2,369,706 | 2,572,972 | 1,792,625 |
| Operating Profit | 2,097,728 | 1,963,530 | 2,434,883 | 2,924,238 | 1,342,945 | 1,232,832 | 665,856 | 1,018,849 |
| Interest Payable | 1,272,270 | 605,371 | 235,457 | 359,971 | 344,309 | 254,068 | 138,314 | 38,143 |
| Interest Receivable | 0 | 45,377 | 256 | 320 | 41 | 2,599 | 2,224 | |
| Pre-Tax Profit | 836,007 | 1,403,536 | 2,199,682 | 2,564,587 | 998,677 | 978,766 | 530,141 | 982,930 |
| Tax | -3,264 | -20,248 | -275,080 | -50,879 | -164,801 | -18,790 | 34,361 | -171,746 |
| Profit After Tax | 832,743 | 1,383,288 | 1,924,602 | 2,513,708 | 833,876 | 959,976 | 564,502 | 811,184 |
| Dividends Paid | 125,953 | 115,764 | 111,916 | 100,380 | 74,670 | 102,116 | 106,038 | 101,032 |
| Retained Profit | 706,790 | 1,267,524 | 1,812,686 | 2,413,328 | 759,206 | 857,860 | 458,464 | 710,152 |
| Employee Costs | 10,314,631 | 9,880,761 | 9,580,129 | 7,882,896 | 6,221,147 | 4,767,157 | 2,972,382 | 2,339,822 |
| Number Of Employees | 243 | 244 | 289 | 235 | 240 | 192 | 140 | 86 |
| EBITDA* | 3,481,591 | 2,774,383 | 3,414,908 | 3,811,231 | 2,155,404 | 1,996,942 | 966,013 | 1,251,000 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | |
|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 27,868,896 | 23,539,497 | 21,186,998 | 19,795,203 | 18,938,626 | 18,487,648 | 14,848,804 | 6,159,425 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 2,749,853 | 2,739,302 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 30,618,749 | 26,278,799 | 21,186,998 | 19,795,203 | 18,938,626 | 18,487,648 | 14,848,804 | 6,159,425 |
| Stock & work in progress | 3,274,293 | 3,421,326 | 2,951,977 | 1,585,668 | 1,120,244 | 900,484 | 657,753 | 120,968 |
| Trade Debtors | 8,127,455 | 7,952,962 | 7,707,288 | 6,887,499 | 5,963,380 | 4,619,783 | 4,193,481 | 3,354,831 |
| Group Debtors | 435,600 | 87,695 | 281,298 | 18,378 | 0 | 0 | 0 | 0 |
| Misc Debtors | 1,556,054 | 1,296,760 | 668,125 | 650,809 | 989,699 | 0 | 0 | 1,501,022 |
| Cash | 59,133 | 46,062 | 415,180 | 225,164 | 32,542 | 47,018 | 100,598 | 987,332 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 13,452,535 | 12,804,805 | 12,023,868 | 9,367,518 | 8,105,865 | 6,497,258 | 6,415,727 | 5,964,153 |
| total assets | 44,071,284 | 39,083,604 | 33,210,866 | 29,162,721 | 27,044,491 | 24,984,906 | 21,264,531 | 12,123,578 |
| Bank overdraft | 10,255,754 | 9,233,999 | 8,292,144 | 5,255,345 | 4,867,951 | 3,576,443 | 3,359,370 | 363,710 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 118,230 |
| Trade Creditors | 4,820,505 | 4,975,092 | 3,817,874 | 4,599,765 | 4,571,969 | 4,359,553 | 3,260,325 | 2,140,963 |
| Group/Directors Accounts | 323,702 | 388,299 | 447,673 | 508,601 | 460,766 | 0 | 676,142 | 574,788 |
| other short term finances | 519,426 | 510,333 | 585,350 | 648,975 | 212,732 | 901,131 | 173,771 | 110,450 |
| hp & lease commitments | 490,741 | 166,399 | 60,282 | 81,835 | 141,078 | 0 | 54,000 | 0 |
| other current liabilities | 1,606,123 | 952,451 | 1,391,193 | 660,367 | 760,284 | 0 | 1,380,262 | 1,266,380 |
| total current liabilities | 18,016,251 | 16,226,573 | 14,594,516 | 11,754,888 | 11,014,780 | 9,759,953 | 8,903,870 | 4,574,521 |
| loans | 9,681,145 | 8,136,945 | 5,293,856 | 6,007,254 | 7,180,195 | 0 | 5,630,913 | 1,634,590 |
| hp & lease commitments | 1,327,832 | 347,541 | 127,482 | 185,012 | 266,848 | 0 | 99,000 | 0 |
| Accruals and Deferred Income | 653,413 | 700,505 | 810,744 | 919,065 | 750,373 | 0 | 599,110 | 385,173 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 782,058 | 778,794 | 758,546 | 483,466 | 432,587 | 0 | 248,996 | 205,116 |
| total long term liabilities | 12,444,448 | 9,963,785 | 6,990,628 | 7,594,797 | 8,630,003 | 8,584,451 | 6,578,019 | 2,224,879 |
| total liabilities | 30,460,699 | 26,190,358 | 21,585,144 | 19,349,685 | 19,644,783 | 18,344,404 | 15,481,889 | 6,799,400 |
| net assets | 13,610,585 | 12,893,246 | 11,625,722 | 9,813,036 | 7,399,708 | 6,640,502 | 5,782,642 | 5,324,178 |
| total shareholders funds | 13,610,585 | 12,893,246 | 11,625,722 | 9,813,036 | 7,399,708 | 6,640,502 | 5,782,642 | 5,324,178 |
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Operating Profit | 2,097,728 | 1,963,530 | 2,434,883 | 2,924,238 | 1,342,945 | 1,232,832 | 665,856 | 1,018,849 |
| Depreciation | 1,383,863 | 810,853 | 980,025 | 886,993 | 812,459 | 764,110 | 300,157 | 232,151 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Tax | -3,264 | -20,248 | -275,080 | -50,879 | -164,801 | -18,790 | 34,361 | -171,746 |
| Stock | -147,033 | 469,349 | 1,366,309 | 465,424 | 219,760 | 242,731 | 536,785 | 120,968 |
| Debtors | 781,692 | 680,706 | 1,100,025 | 603,607 | 2,333,296 | -1,037,593 | 801,523 | 4,855,853 |
| Creditors | -154,587 | 1,157,218 | -781,891 | 27,796 | 212,416 | 1,099,228 | 1,119,362 | 2,140,963 |
| Accruals and Deferred Income | 606,580 | -548,981 | 622,505 | 68,775 | 1,510,657 | -1,979,372 | 327,819 | 1,651,553 |
| Deferred Taxes & Provisions | 3,264 | 20,248 | 275,080 | 50,879 | 432,587 | -248,996 | 43,880 | 205,116 |
| Cash flow from operations | 3,298,925 | 2,232,565 | 789,188 | 2,838,771 | 1,593,207 | 1,153,127 | 100,065 | |
| Investing Activities | ||||||||
| capital expenditure | 0 | 0 | 0 | 0 | 0 | -8,991,479 | -6,164,076 | |
| Change in Investments | 10,551 | 2,739,302 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | -10,551 | -2,739,302 | 0 | 0 | 0 | -8,991,479 | -6,164,076 | |
| Financing Activities | ||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | -118,230 | 118,230 |
| Group/Directors Accounts | -64,597 | -59,374 | -60,928 | 47,835 | 460,766 | -676,142 | 101,354 | 574,788 |
| Other Short Term Loans | 9,093 | -75,017 | -63,625 | 436,243 | -688,399 | 727,360 | 63,321 | 110,450 |
| Long term loans | 1,544,200 | 2,843,089 | -713,398 | -1,172,941 | 7,180,195 | -5,630,913 | 3,996,323 | 1,634,590 |
| Hire Purchase and Lease Commitments | 1,304,633 | 326,176 | -79,083 | -141,079 | 407,926 | -153,000 | 153,000 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||||
| interest | -1,272,270 | -559,994 | -235,201 | -359,651 | -344,268 | -135,715 | -35,919 | |
| cash flow from financing | 1,531,608 | 2,474,880 | -1,152,235 | -1,189,593 | 7,016,220 | 4,060,053 | 7,016,165 | |
| cash and cash equivalents | ||||||||
| cash | 13,071 | -369,118 | 190,016 | 192,622 | -14,476 | -53,580 | -886,734 | 987,332 |
| overdraft | 1,021,755 | 941,855 | 3,036,799 | 387,394 | 1,291,508 | 217,073 | 2,995,660 | 363,710 |
| change in cash | -1,008,684 | -1,310,973 | -2,846,783 | -194,772 | -1,305,984 | -270,653 | -3,882,394 | 623,622 |
hughes family holdings limited Credit Report and Business Information
Hughes Family Holdings Limited Competitor Analysis
Perform a competitor analysis for hughes family holdings limited by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other large companies, companies in BT71 area or any other competitors across 12 key performance metrics.
hughes family holdings limited Ownership
HUGHES FAMILY HOLDINGS LIMITED group structure
Hughes Family Holdings Limited has 5 subsidiary companies.
Ultimate parent company
HUGHES FAMILY HOLDINGS LIMITED
NI634385
5 subsidiaries
hughes family holdings limited directors
Hughes Family Holdings Limited currently has 3 directors. The longest serving directors include Mr Kieran Hughes (Oct 2015) and Mr Ciaran-Og Hughes (Dec 2015).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Kieran Hughes | Northern Ireland | 71 years | Oct 2015 | - | Director |
| Mr Ciaran-Og Hughes | 41 years | Dec 2015 | - | Director | |
| Mr Emmet Hughes | Northern Ireland | 42 years | Dec 2015 | - | Director |
P&L
December 2023turnover
55.5m
+6%
operating profit
2.1m
+7%
gross margin
15.3%
+13.51%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
13.6m
+0.06%
total assets
44.1m
+0.13%
cash
59.1k
+0.28%
net assets
Total assets minus all liabilities
hughes family holdings limited company details
company number
NI634385
Type
Private limited with Share Capital
industry
74990 - Non-trading company
incorporation date
October 2015
age
10
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
December 2023
previous names
N/A
accountant
-
auditor
MANEELY MCCANN
address
118 trew mount road, dungannon, county tyrone, BT71 7EF
Bank
FIRST TRUST BANK LTD
Legal Advisor
DWF (NORTHERN IRELAND) LLP
hughes family holdings 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 4 charges/mortgages relating to hughes family holdings limited. Currently there are 4 open charges and 0 have been satisfied in the past.
hughes family holdings 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.
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hughes family holdings limited Companies House Filings - See Documents
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