hannon fleet sales ltd
hannon fleet sales ltd Company Information
Company Number
NI640987
Website
www.hannontransport.comRegistered Address
21 brankinstown road aghalee, lurgan, co. armagh, BT67 0DF
Industry
Sale of other motor vehicles
Telephone
02892651441
Next Accounts Due
October 2024
Group Structure
View All
Shareholders
hannon holdings limited 100%
hannon fleet sales ltd Estimated Valuation
The estimated valuation range for hannon fleet sales ltd, derived from financial data as of January 2023 and the most recent industry multiples, is between £525.5k to £1.4m
hannon fleet sales ltd Estimated Valuation
The estimated valuation range for hannon fleet sales ltd, derived from financial data as of January 2023 and the most recent industry multiples, is between £525.5k to £1.4m
hannon fleet sales ltd Estimated Valuation
The estimated valuation range for hannon fleet sales ltd, derived from financial data as of January 2023 and the most recent industry multiples, is between £525.5k to £1.4m
Get a detailed valuation report, edit figures and unlock valuation multiples.
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Hannon Fleet Sales Ltd Overview
Hannon Fleet Sales Ltd is a live company located in co. armagh, BT67 0DF with a Companies House number of NI640987. It operates in the sale of other motor vehicles sector, SIC Code 45190. Founded in September 2016, it's largest shareholder is hannon holdings limited with a 100% stake. Hannon Fleet Sales Ltd is a young, small sized company, Pomanda has estimated its turnover at £3.3m with low growth in recent years.
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Hannon Fleet Sales Ltd Health Check
Pomanda's financial health check has awarded Hannon Fleet Sales Ltd a 2 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 8 areas for improvement. Company Health Check FAQs
1 Strong
3 Regular
8 Weak
Size
annual sales of £3.3m, make it smaller than the average company (£24.3m)
- Hannon Fleet Sales Ltd
£24.3m - Industry AVG
Growth
3 year (CAGR) sales growth of 3%, show it is growing at a slower rate (4.2%)
- Hannon Fleet Sales Ltd
4.2% - Industry AVG
Production
with a gross margin of 14.6%, this company has a comparable cost of product (14.6%)
- Hannon Fleet Sales Ltd
14.6% - Industry AVG
Profitability
an operating margin of 4.3% make it as profitable than the average company (5.1%)
- Hannon Fleet Sales Ltd
5.1% - Industry AVG
Employees
with 4 employees, this is below the industry average (51)
4 - Hannon Fleet Sales Ltd
51 - Industry AVG
Pay Structure
on an average salary of £40.1k, the company has an equivalent pay structure (£40.1k)
- Hannon Fleet Sales Ltd
£40.1k - Industry AVG
Efficiency
resulting in sales per employee of £837.1k, this is more efficient (£474.8k)
- Hannon Fleet Sales Ltd
£474.8k - Industry AVG
Debtor Days
it gets paid by customers after 33 days, this is later than average (19 days)
- Hannon Fleet Sales Ltd
19 days - Industry AVG
Creditor Days
its suppliers are paid after 2 days, this is quicker than average (43 days)
- Hannon Fleet Sales Ltd
43 days - Industry AVG
Stock Days
it holds stock equivalent to 173 days, this is more than average (81 days)
- Hannon Fleet Sales Ltd
81 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 4 weeks, this is less cash available to meet short term requirements (12 weeks)
4 weeks - Hannon Fleet Sales Ltd
12 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 81.4%, this is a higher level of debt than the average (64.3%)
81.4% - Hannon Fleet Sales Ltd
64.3% - Industry AVG
hannon fleet sales ltd Credit Report and Business Information
Hannon Fleet Sales Ltd Competitor Analysis
Perform a competitor analysis for hannon fleet sales ltd by selecting its closest rivals and benchmarking them against 12 key performance metrics.
hannon fleet sales ltd Ownership
HANNON FLEET SALES LTD group structure
Hannon Fleet Sales Ltd has no subsidiary companies.
hannon fleet sales ltd directors
Hannon Fleet Sales Ltd currently has 2 directors. The longest serving directors include Mrs Teresa Hannon (Sep 2016) and Mr Aodh Hannon (Sep 2016).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mrs Teresa Hannon | Northern Ireland | 53 years | Sep 2016 | - | Director |
| Mr Aodh Hannon | Northern Ireland | 53 years | Sep 2016 | - | Director |
HANNON FLEET SALES LTD financials
Hannon Fleet Sales Ltd's latest turnover from January 2023 is estimated at £3.3 million and the company has net assets of £477.6 thousand. According to their latest financial statements, Hannon Fleet Sales Ltd has 4 employees and maintains cash reserves of £197.1 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jan 2023 | Jan 2022 | Jan 2021 | Jan 2020 | Jan 2019 | Jan 2018 | |
|---|---|---|---|---|---|---|
| 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 | 4 | 4 | 6 | 7 | 5 | 2 |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jan 2023 | Jan 2022 | Jan 2021 | Jan 2020 | Jan 2019 | Jan 2018 | |
|---|---|---|---|---|---|---|
| Tangible Assets | 44,327 | 85,673 | 22,013 | 22,293 | 20,971 | 20,321 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 44,327 | 85,673 | 22,013 | 22,293 | 20,971 | 20,321 |
| Stock & work in progress | 1,356,849 | 1,428,698 | 947,257 | 1,389,551 | 1,371,732 | 237,500 |
| Trade Debtors | 304,705 | 243,503 | 205,899 | 99,970 | 157,860 | 0 |
| Group Debtors | 514,313 | 498,388 | 0 | 4,200 | 0 | 0 |
| Misc Debtors | 145,158 | 137,075 | 52,156 | 31,239 | 102,456 | 1,835 |
| Cash | 197,076 | 255,183 | 24,469 | 48,398 | 64,239 | 56,300 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 2,518,101 | 2,562,847 | 1,229,781 | 1,573,358 | 1,696,287 | 295,635 |
| total assets | 2,562,428 | 2,648,520 | 1,251,794 | 1,595,651 | 1,717,258 | 315,956 |
| Bank overdraft | 699,843 | 1,110,443 | 612,272 | 871,919 | 648,580 | 73,507 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 16,622 | 41,576 | 105,159 | 39,913 | 128,241 | 18,253 |
| Group/Directors Accounts | 1,356,479 | 1,017,824 | 195,073 | 516,424 | 810,002 | 127,888 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 3,308 | 14,922 | 0 | 0 | 0 |
| other current liabilities | 11,927 | 50,752 | 48,404 | 35,804 | 53,347 | 23,809 |
| total current liabilities | 2,084,871 | 2,223,903 | 975,830 | 1,464,060 | 1,640,170 | 243,457 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 1,616 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 1,616 | 0 | 0 | 0 |
| total liabilities | 2,084,871 | 2,223,903 | 977,446 | 1,464,060 | 1,640,170 | 243,457 |
| net assets | 477,557 | 424,617 | 274,348 | 131,591 | 77,088 | 72,499 |
| total shareholders funds | 477,557 | 424,617 | 274,348 | 131,591 | 77,088 | 72,499 |
| Jan 2023 | Jan 2022 | Jan 2021 | Jan 2020 | Jan 2019 | Jan 2018 | |
|---|---|---|---|---|---|---|
| Operating Activities | ||||||
| Operating Profit | ||||||
| Depreciation | 4,337 | 19,549 | 2,840 | 2,943 | 3,065 | 4,625 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | ||||||
| Stock | -71,849 | 481,441 | -442,294 | 17,819 | 1,134,232 | 237,500 |
| Debtors | 85,210 | 620,911 | 122,646 | -124,907 | 258,481 | 1,835 |
| Creditors | -24,954 | -63,583 | 65,246 | -88,328 | 109,988 | 18,253 |
| Accruals and Deferred Income | -38,825 | 2,348 | 12,600 | -17,543 | 29,538 | 23,809 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | ||||||
| Investing Activities | ||||||
| capital expenditure | ||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | ||||||
| Financing Activities | ||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 338,655 | 822,751 | -321,351 | -293,578 | 682,114 | 127,888 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | -3,308 | -13,230 | 16,538 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||
| interest | ||||||
| cash flow from financing | ||||||
| cash and cash equivalents | ||||||
| cash | -58,107 | 230,714 | -23,929 | -15,841 | 7,939 | 56,300 |
| overdraft | -410,600 | 498,171 | -259,647 | 223,339 | 575,073 | 73,507 |
| change in cash | 352,493 | -267,457 | 235,718 | -239,180 | -567,134 | -17,207 |
P&L
January 2023turnover
3.3m
-5%
operating profit
143.4k
0%
gross margin
14.6%
+6.9%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
January 2023net assets
477.6k
+0.12%
total assets
2.6m
-0.03%
cash
197.1k
-0.23%
net assets
Total assets minus all liabilities
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hannon fleet sales ltd company details
company number
NI640987
Type
Private limited with Share Capital
industry
45190 - Sale of other motor vehicles
incorporation date
September 2016
age
8
accounts
Small Company
ultimate parent company
previous names
N/A
incorporated
UK
address
21 brankinstown road aghalee, lurgan, co. armagh, BT67 0DF
last accounts submitted
January 2022
hannon fleet sales 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 hannon fleet sales ltd.
hannon fleet sales ltd Companies House Filings - See Documents
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