halfords limited

5

halfords limited Company Information

Share HALFORDS LIMITED
Live 
MatureMegaLow

Company Number

00103161

Registered Address

icknield street drive, washford west, redditch, worcestershire, B98 0DE

Industry

Retail trade of motor vehicle parts and accessories

 

Telephone

01527517601

Next Accounts Due

December 2024

Group Structure

View All

Directors

Graham Stapleton6 Years

Karen Bellairs4 Years

View All

Shareholders

halfords group holdings limited 100%

halfords limited Estimated Valuation

£743.7m

Pomanda estimates the enterprise value of HALFORDS LIMITED at £743.7m based on a Turnover of £932.3m and 0.8x industry multiple (adjusted for size and gross margin).

halfords limited Estimated Valuation

£1.4b

Pomanda estimates the enterprise value of HALFORDS LIMITED at £1.4b based on an EBITDA of £134.9m and a 10.69x industry multiple (adjusted for size and gross margin).

halfords limited Estimated Valuation

£1.1b

Pomanda estimates the enterprise value of HALFORDS LIMITED at £1.1b based on Net Assets of £474.9m and 2.38x industry multiple (adjusted for liquidity).

Edit your figures and get a professional valuation report.

Halfords Limited AI Business Plan

In just minutes, we combine Pomanda’s company and industry data with cutting edge Artificial Intelligence to build a comprehensive 27 section business plan. You then have 60 days to tailor the information, decide which sections to include or exclude, and add your own branding logos, images and color scheme to create your perfect plan.

View Sample

Halfords Limited Overview

Halfords Limited is a live company located in redditch, B98 0DE with a Companies House number of 00103161. It operates in the retail trade of motor vehicle parts and accessories sector, SIC Code 45320. Founded in May 1909, it's largest shareholder is halfords group holdings limited with a 100% stake. Halfords Limited is a mature, mega sized company, Pomanda has estimated its turnover at £932.3m with low growth in recent years.

View Sample
View Sample
View Sample

Upgrade for unlimited company reports & a free credit check

Halfords Limited Health Check

Pomanda's financial health check has awarded Halfords Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 7 measures and has 4 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating5out of 5
positive_score

7 Strong

positive_score

1 Regular

positive_score

4 Weak

size

Size

annual sales of £932.3m, make it larger than the average company (£4.3m)

£932.3m - Halfords Limited

£4.3m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 0%, show it is growing at a slower rate (7.2%)

0% - Halfords Limited

7.2% - Industry AVG

production

Production

with a gross margin of 49.3%, this company has a lower cost of product (32.5%)

49.3% - Halfords Limited

32.5% - Industry AVG

profitability

Profitability

an operating margin of 6% make it more profitable than the average company (3.9%)

6% - Halfords Limited

3.9% - Industry AVG

employees

Employees

with 7450 employees, this is above the industry average (29)

7450 - Halfords Limited

29 - Industry AVG

paystructure

Pay Structure

on an average salary of £24.5k, the company has an equivalent pay structure (£27.6k)

£24.5k - Halfords Limited

£27.6k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £125.1k, this is less efficient (£155.7k)

£125.1k - Halfords Limited

£155.7k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 1 days, this is earlier than average (40 days)

1 days - Halfords Limited

40 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 107 days, this is slower than average (51 days)

107 days - Halfords Limited

51 days - Industry AVG

stockdays

Stock Days

it holds stock equivalent to 146 days, this is more than average (67 days)

146 days - Halfords Limited

67 days - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 3 weeks, this is less cash available to meet short term requirements (11 weeks)

3 weeks - Halfords Limited

11 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 51.3%, this is a lower level of debt than the average (61.4%)

51.3% - Halfords Limited

61.4% - Industry AVG

halfords limited Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
Get a comprehensive credit check for halfords limited. Get real-time insights into halfords limited's credit score, group structure and payment trends.

From as little as £6.99

This will not impact your credit rating!

View Credit Report Sample

Halfords Limited Competitor Analysis

BETA
competitor_analysis_table_img

Perform a competitor analysis for halfords limited by selecting its closest rivals and benchmarking them against 12 key performance metrics.

halfords limited Ownership

HALFORDS LIMITED group structure

Halfords Limited has 2 subsidiary companies.

HALFORDS LIMITED Shareholders

halfords group holdings limited 100%

halfords limited directors

Halfords Limited currently has 6 directors. The longest serving directors include Mr Graham Stapleton (Jan 2018) and Ms Karen Bellairs (Dec 2019).

officercountryagestartendrole
Mr Graham Stapleton56 years Jan 2018- Director
Ms Karen Bellairs47 years Dec 2019- Director
Mr Paul O'Hara46 years Dec 2021- Director
Mrs Johanna HartleyScotland49 years Jun 2022- Director
Mrs Johanna HartleyScotland49 years Jun 2022- Director
Mrs Johanna HartleyScotland49 years Jun 2022- Director

HALFORDS LIMITED financials

EXPORTms excel logo

Halfords Limited's latest turnover from March 2023 is £932.3 million and the company has net assets of £474.9 million. According to their latest financial statements, Halfords Limited has 7,450 employees and maintains cash reserves of £22.7 million as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Mar 2023Apr 2022Apr 2021Apr 2020Mar 2019Mar 2018Mar 2017Apr 2016Apr 2015Mar 2014Mar 2013Mar 2012Apr 2011Apr 2010
Turnover932,300,000948,500,000977,600,000919,500,000937,500,000930,800,000900,100,000866,100,000872,700,000803,100,000745,500,000752,300,000771,400,000817,600,000
Other Income Or Grants00000000000000
Cost Of Sales473,000,000456,500,000499,100,000470,900,000479,100,000479,500,000453,900,000421,400,000424,100,000387,100,000351,000,000352,700,000353,800,000382,500,000
Gross Profit459,300,000492,000,000478,500,000448,600,000458,400,000451,300,000446,200,000444,700,000448,600,000416,000,000394,500,000399,600,000417,600,000435,100,000
Admin Expenses403,300,000396,100,000413,900,000421,900,000406,400,000381,900,000373,300,000362,800,000364,300,000335,200,000324,600,000304,800,000300,500,000327,600,000
Operating Profit56,000,00095,900,00064,600,00026,700,00052,000,00069,400,00072,900,00081,900,00084,300,00080,800,00069,900,00094,800,000117,100,000107,500,000
Interest Payable6,300,0007,200,0009,300,00010,000,00000600,000700,000900,000700,000500,000300,000100,000400,000
Interest Receivable4,400,0002,800,0004,600,0007,000,0005,800,0005,100,0006,100,0005,000,0005,600,0006,100,0006,100,0006,800,0005,000,0002,100,000
Pre-Tax Profit54,100,00091,500,00047,600,00023,700,00054,300,00074,500,00078,400,00086,200,00089,000,00086,200,00075,500,000101,300,000122,000,000109,200,000
Tax-9,400,000-16,200,000-9,200,000-3,400,000-10,500,000-14,100,000-15,700,000-17,500,000-19,500,000-20,400,000-19,900,000-27,800,000-35,100,000-34,400,000
Profit After Tax44,700,00075,300,00038,400,00020,300,00043,800,00060,400,00062,700,00068,700,00069,500,00065,800,00055,600,00073,500,00086,900,00074,800,000
Dividends Paid000000000000046,200,000
Retained Profit44,700,00075,300,00038,400,00020,300,00043,800,00060,400,00062,700,00068,700,00069,500,00065,800,00055,600,00073,500,00086,900,00028,600,000
Employee Costs182,400,000188,600,000201,700,000176,500,000171,500,000165,100,000155,700,000150,300,000148,600,000140,300,000123,800,000116,800,000109,500,000122,000,000
Number Of Employees7,4507,5228,0848,3988,7618,8218,7888,9469,1489,80310,57510,40810,0959,574
EBITDA*134,900,000172,900,000147,200,000118,300,00079,000,00095,400,00096,800,000106,200,000103,900,00099,100,00090,400,000116,100,000138,200,000130,700,000

* Earnings Before Interest, Tax, Depreciation and Amortisation

Mar 2023Apr 2022Apr 2021Apr 2020Mar 2019Mar 2018Mar 2017Apr 2016Apr 2015Mar 2014Mar 2013Mar 2012Apr 2011Apr 2010
Tangible Assets221,800,000263,300,000280,600,000350,500,00072,300,00076,000,00076,600,00082,800,00082,300,00078,600,00074,500,00084,100,00091,300,00096,100,000
Intangible Assets34,700,00028,900,00022,300,00023,300,00021,700,00025,400,00027,000,00019,300,00012,100,00000000
Investments & Other10,000,00013,300,00013,900,00045,400,00039,000,00039,900,00049,200,00029,500,00034,900,00013,900,00012,500,00012,400,00012,600,00012,400,000
Debtors (Due After 1 year)00000500,00000000000
Total Fixed Assets266,500,000305,500,000316,800,000419,200,000133,000,000141,800,000152,800,000131,600,000129,300,00092,500,00087,000,00096,500,000103,900,000108,500,000
Stock & work in progress190,200,000182,800,000127,600,000159,600,000165,800,000186,900,000181,400,000153,300,000146,700,000146,700,000131,500,000146,200,000147,000,000137,400,000
Trade Debtors4,600,00011,100,00013,700,00010,300,00013,300,00018,500,00015,900,00010,800,0009,400,00011,400,00010,600,0007,200,0006,000,0006,100,000
Group Debtors444,900,000376,500,000842,700,000735,600,000709,900,000649,900,000623,900,000599,300,000538,400,000485,500,000416,100,000330,000,000257,100,000105,900,000
Misc Debtors45,800,00029,200,00034,100,00035,200,00031,900,00027,500,00025,900,00037,300,00035,000,00029,400,00031,900,00028,400,00028,200,00030,900,000
Cash22,700,00039,200,00067,200,00025,900,00012,400,00013,700,00010,100,0007,100,00011,700,0003,400,0003,900,0005,100,0001,900,00061,300,000
misc current assets1,100,0004,200,000600,0008,700,0003,200,000300,0005,200,0004,200,0003,900,00000000
total current assets709,300,000643,000,0001,085,900,000975,300,000936,500,000896,800,000862,400,000812,000,000745,100,000676,400,000594,000,000516,900,000440,200,000341,600,000
total assets975,800,000948,500,0001,402,700,0001,394,500,0001,069,500,0001,038,600,0001,015,200,000943,600,000874,400,000768,900,000681,000,000613,400,000544,100,000450,100,000
Bank overdraft8,500,00000013,400,000400,000600,0004,000,000011,000,0001,400,0001,600,0007,300,0000
Bank loan00000000000000
Trade Creditors 138,700,000113,200,00099,100,00076,600,00076,400,00095,400,00092,400,00084,100,00097,600,00071,300,00072,000,00068,300,00072,300,00068,600,000
Group/Directors Accounts26,500,00024,300,00051,400,00052,600,00046,800,00047,000,00048,700,00048,800,00050,300,00049,800,00052,100,00038,100,00022,800,00028,800,000
other short term finances3,700,000500,0006,300,0001,100,0001,400,0005,400,00011,200,0000100,00000000
hp & lease commitments56,900,00057,600,00050,100,00072,500,000600,000600,000500,000500,000500,00000000
other current liabilities95,200,000111,200,000118,800,00086,800,00079,200,00069,300,00082,200,00084,900,00067,200,00063,800,00055,800,00061,800,00066,900,00062,600,000
total current liabilities329,500,000306,800,000325,700,000289,600,000217,800,000218,100,000235,600,000222,300,000215,700,000195,900,000181,300,000169,800,000169,300,000160,000,000
loans400,0000000000000000
hp & lease commitments158,500,000201,300,000237,400,000284,600,0007,900,0008,500,0009,000,0009,500,00010,100,00000000
Accruals and Deferred Income3,500,0003,600,0003,300,0007,900,00026,100,00028,900,00029,500,00029,900,00029,400,0009,300,0009,400,0008,000,0007,000,0007,600,000
other liabilities00000000000000
provisions9,000,0005,300,00012,400,0002,800,0004,000,0003,000,0005,000,0006,700,00016,300,00015,700,0008,900,0009,800,00016,900,00021,000,000
total long term liabilities171,400,000210,200,000253,100,000295,300,00038,000,00040,400,00043,500,00046,100,00055,800,00025,000,00018,300,00017,800,00023,900,00028,600,000
total liabilities500,900,000517,000,000578,800,000584,900,000255,800,000258,500,000279,100,000268,400,000271,500,000220,900,000199,600,000187,600,000193,200,000188,600,000
net assets474,900,000431,500,000823,900,000809,600,000813,700,000780,100,000736,100,000675,200,000602,900,000548,000,000481,400,000425,800,000350,900,000261,500,000
total shareholders funds474,900,000431,500,000823,900,000809,600,000813,700,000780,100,000736,100,000675,200,000602,900,000548,000,000481,400,000425,800,000350,900,000261,500,000
Mar 2023Apr 2022Apr 2021Apr 2020Mar 2019Mar 2018Mar 2017Apr 2016Apr 2015Mar 2014Mar 2013Mar 2012Apr 2011Apr 2010
Operating Activities
Operating Profit56,000,00095,900,00064,600,00026,700,00052,000,00069,400,00072,900,00081,900,00084,300,00080,800,00069,900,00094,800,000117,100,000107,500,000
Depreciation16,700,00013,400,00015,800,00020,200,00018,000,00017,400,00016,300,00019,000,00016,000,00018,300,00020,500,00021,300,00021,100,00023,200,000
Amortisation62,200,00063,600,00066,800,00071,400,0009,000,0008,600,0007,600,0005,300,0003,600,00000000
Tax-9,400,000-16,200,000-9,200,000-3,400,000-10,500,000-14,100,000-15,700,000-17,500,000-19,500,000-20,400,000-19,900,000-27,800,000-35,100,000-34,400,000
Stock7,400,00055,200,000-32,000,000-6,200,000-21,100,0005,500,00028,100,0006,600,000015,200,000-14,700,000-800,0009,600,000137,400,000
Debtors78,500,000-473,700,000109,400,00026,000,00058,700,00030,700,00018,300,00064,600,00056,500,00067,700,00093,000,00074,300,000148,400,000142,900,000
Creditors25,500,00014,100,00022,500,000200,000-19,000,0003,000,0008,300,000-13,500,00026,300,000-700,0003,700,000-4,000,0003,700,00068,600,000
Accruals and Deferred Income-16,100,000-7,300,00027,400,000-10,600,0007,100,000-13,500,000-3,100,00018,200,00023,500,0007,900,000-4,600,000-4,100,0003,700,00070,200,000
Deferred Taxes & Provisions3,700,000-7,100,0009,600,000-1,200,0001,000,000-2,000,000-1,700,000-9,600,000600,0006,800,000-900,000-7,100,000-4,100,00021,000,000
Cash flow from operations52,700,000574,900,000120,100,00083,500,00020,000,00032,600,00038,200,00012,600,00078,300,0009,800,000-9,600,000-400,000-51,600,000-24,200,000
Investing Activities
capital expenditure-43,200,000-66,300,000-11,700,000-371,400,000-19,600,000-23,800,000-25,400,000-32,000,000-35,400,000-22,400,000-10,900,000-14,100,000-16,300,000-119,300,000
Change in Investments-3,300,000-600,000-31,500,0006,400,000-900,000-9,300,00019,700,000-5,400,00021,000,0001,400,000100,000-200,000200,00012,400,000
cash flow from investments-39,900,000-65,700,00019,800,000-377,800,000-18,700,000-14,500,000-45,100,000-26,600,000-56,400,000-23,800,000-11,000,000-13,900,000-16,500,000-131,700,000
Financing Activities
Bank loans00000000000000
Group/Directors Accounts2,200,000-27,100,000-1,200,0005,800,000-200,000-1,700,000-100,000-1,500,000500,000-2,300,00014,000,00015,300,000-6,000,00028,800,000
Other Short Term Loans 3,200,000-5,800,0005,200,000-300,000-4,000,000-5,800,00011,200,000-100,000100,00000000
Long term loans400,0000000000000000
Hire Purchase and Lease Commitments-43,500,000-28,600,000-69,600,000348,600,000-600,000-400,000-500,000-600,00010,600,00000000
other long term liabilities00000000000000
share issue-1,300,000-467,700,000-24,100,000-24,400,000-10,200,000-16,400,000-1,800,0003,600,000-14,600,000800,00001,400,0002,500,000232,900,000
interest-1,900,000-4,400,000-4,700,000-3,000,0005,800,0005,100,0005,500,0004,300,0004,700,0005,400,0005,600,0006,500,0004,900,0001,700,000
cash flow from financing-40,900,000-533,600,000-94,400,000326,700,000-9,200,000-19,200,00014,300,0005,700,0001,300,0003,900,00019,600,00023,200,0001,400,000263,400,000
cash and cash equivalents
cash-16,500,000-28,000,00041,300,00013,500,000-1,300,0003,600,0003,000,000-4,600,0008,300,000-500,000-1,200,0003,200,000-59,400,00061,300,000
overdraft8,500,00000-13,400,00013,000,000-200,000-3,400,0004,000,000-11,000,0009,600,000-200,000-5,700,0007,300,0000
change in cash-25,000,000-28,000,00041,300,00026,900,000-14,300,0003,800,0006,400,000-8,600,00019,300,000-10,100,000-1,000,0008,900,000-66,700,00061,300,000

P&L

March 2023

turnover

932.3m

-2%

operating profit

56m

-42%

gross margin

49.3%

-5.02%

turnover

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

Balance Sheet

March 2023

net assets

474.9m

+0.1%

total assets

975.8m

+0.03%

cash

22.7m

-0.42%

net assets

Total assets minus all liabilities

halfords limited company details

company number

00103161

Type

Private limited with Share Capital

industry

45320 - Retail trade of motor vehicle parts and accessories

incorporation date

May 1909

age

115

accounts

Full Accounts

ultimate parent company

previous names

ward white retail uk limited (December 1988)

joseph frisby limited (February 1984)

incorporated

UK

address

icknield street drive, washford west, redditch, worcestershire, B98 0DE

last accounts submitted

March 2023

halfords 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 7 charges/mortgages relating to halfords limited. Currently there are 0 open charges and 7 have been satisfied in the past.

charges

halfords limited Companies House Filings - See Documents

datedescriptionview/download