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Halma plc
Registration Number
00040932Incorporation Date
13/04/1894Last Annual Return
Not availableAddress
Misbourne Court, Rectory Way, Amersham, Buckinghamshire. HP7 0DE
Website
www.halma.comAudit Fees
£3100,000Secretary
Mr Mark Alun Jenkins
Directors
Active
Andrew Hudson La Force Iii
Active
Ms Carole Cran (56 yrs)
Active
Mr Giles Kerr (66 yrs)
Active
Dharmash Pravin Mistry (55 yrs)
Active
Mr Liam Condon (58 yrs)
Active
Ms Jo Nell Harlow (63 yrs)
Active
Dame Pamela Louise Makin (65 yrs)
Active
Ms Sharmila Nebhrajani (59 yrs)
| Proposed Year |
|||||
|---|---|---|---|---|---|
| Period Ending | 31-Mar-22 | 31-Mar-23 | 31-Mar-24 | 31-Mar-25 | 30-Mar-26 |
| Weeks | 52 | 52 | 52 | 52 | 52 |
| Total Sales (£000) | 1525300 | 1852800 | 2034100 | 2248100 | 2531917 |
| Directors Fees | 8759 | 8794 | 9537 | 10770 | 12924 |
| Gross Profits | NA | NA | NA | NA | NA |
| Value Added | 759300 | 903800 | 955100 | 1035700 | 1173698 |
| Trading Profit | 329600 | 368300 | 392100 | 435600 | 559256 |
| Depreciation | 50700 | 59900 | 24400 | 26100 | |
| Non-Trading Income | 34500 | 1800 | 3300 | 8100 | 0 |
| Total Interest Charges | 9000 | 18700 | 30700 | 33300 | 39960 |
| Pre-tax Profit | 304400 | 291500 | 340300 | 384300 | 487976 |
| Retained Profit (Shareholders Funds) | 235500 | 195800 | 137600 | 162900 | 230580 |
| Fixed Assets | 194000 | 222900 | 157400 | 178800 | 214560 |
| Intangibles | 1233900 | 1592800 | 1859400 | 1943700 | 2332440 |
| Intermediate Assets | 56400 | 77100 | 71400 | 20900 | 25080 |
| Stocks | 228800 | 312400 | 304800 | 300300 | 338212 |
| Debtors | 284600 | 362000 | 403100 | 424000 | 477529 |
| Cash or Equivalent | 199300 | 221200 | 203800 | 390900 | 97725 |
| Total Current Assets | 712700 | 895600 | 911700 | 1115200 | 913466 |
| Creditors | 102500 | 116900 | 152200 | 182400 | 236242 |
| Short Term Borrowing | 88000 | 20200 | 300 | 35600 | 0 |
| Other Current Liabilities | 173400 | 204100 | 219600 | 239800 | 287760 |
| Total Current Liabilities | 363900 | 341200 | 372100 | 457800 | 524002 |
| Net Current Assets | 348800 | 554400 | 539600 | 657400 | 389464 |
| Shareholders Funds | 1403100 | 1598900 | 1736500 | 1899400 | 2129980 |
| Total Loan Capital | 344200 | 746000 | 711900 | 703800 | 594444 |
| Other Capital Employed | 85400 | 102200 | 179400 | 197600 | 237120 |
| Total Capital Employed | 1832700 | 2447100 | 2627800 | 2800800 | 2961544 |
| Pretax Profit Margin % | 19.96 | 15.73 | 16.73 | 17.09 | 19.27 |
| Sales Growth % | 16 | 21 | 10 | 11 | 13 |
| Pretax Profit Growth % | 20 | -4 | 17 | 13 | 27.00 |
| Debtor Ratio Days | 68 | 71 | 72 | 69 | 68.6517503669766 |
| Creditor Ratio Days | 24 | 23 | 27 | 30 | 33.9631866909835 |
| Stock Turnover | 7 | 6 | 7 | 7 | 7.4861804861805 |
| Sales £000 / Employee | 203 | 228 | 236 | 249 | 273.612524894888 |
| Value Added £000/Empl. | 101 | 111 | 111 | 115 | 126.831424248973 |
| Av. Remun. £000 / Empl. | 57 | 66 | 65 | 66 | 66.3974330604116 |
| Total Empl. Remu. £000 | 429700 | 535500 | 563000 | 600100 | 614441.845541049 |
| Employees | 7522 | 8141 | 8615 | 9038 | 9254 |
| Pretax Profit/Total Assets % | 14 | 10 | 11 | 12 | 14 |
Company Summary
- The Plimsoll Chart is high and rising indicating an improvement in financial strength, but below the industry average.
- Total Sales have increased by 10.5% in the latest year, well above the industry average of 4.6%.
- The company lies an excellent 1st in terms of Total Sales in this industry.
- The company lies an excellent 1st in terms of Pretax Profits in this industry.
- Sales per Employee is £249,000 which is well above the industry average of £195,000.
- The average salary is £66,000 which is well above the industry average of £51,000.
- Exports contribute 86% towards the Total Sales of the company.
- Pretax Profit Margin is 17.1% in the latest year, well above the industry average of 6.7%.
- The formal debt of the company is high, representing 33% of Total Sales.
- The Trading Stability chart shows a well below average sales return on total assets in the latest year
- The Profitability chart shows a well above average pretax profit return on total assets in the latest year.
- The company is among the Top 32 companies listed as a Best Trading Partner (see section 1c).
- The company is among the Top 50 in terms of Trading Profits.
- The company is among the Top 516 companies listed under the Pretax Profits category (see section 3.2c).
Company Summary
The company currently has £2bn sales and made £384m, by following the proposal plan, sales would rise to £2.5bn and profits would rise to £488m.
Key Attractiveness Features
- ADD £2bn TO SALES
Acquisition Attractiveness Rating
- Low number of shareholders
- Company is privately owned
- Low number of directors
- Sales growth above the industry average
- Low financial rating
- High gross earnings
- Big difference between current and future value
- Directors fees represent high proportion of profits
- Average age of directors is high
Company Valuation
| Proposed Year |
|||||
|---|---|---|---|---|---|
| Period Ending | 31-Mar-22 | 31-Mar-23 | 31-Mar-24 | 31-Mar-25 | 30-Mar-26 |
| Total Sales (£000) | 1525300 | 1852800 | 2034100 | 2248100 | 2531917 |
| Pre-tax Profit (£000) | 304400 | 291500 | 340300 | 384300 | 487976 |
| Total Value (£000) | 3435995 | 4153170 | 4682285 | 4969050 | 6092121 |
| Asset Value (£000) | 1997700 | 2567200 | 2796100 | 2867700 | 3387821 |
| Goodwill (£000) | 1438295 | 1585970 | 1886185 | 2101350 | 2704300 |
| Liabilities (£000) | -594200 | -968200 | -1059600 | -968300 | -1257841 |
| Equity Value (£000) | 2841795 | 3184970 | 3622685 | 4000750 | 4834280 |
Total Value Formula: (Pretax Profit + Interest Payments - Non Trading Income + Directors Fees) * 5 plus (Fixed Assets + Intangibles + Intermediate Assets + Stocks + Debtors)
Shareholders / Ownership
MR MARC RONCHETTI
SHARMILA NEBHRAJANI OBE
JO HARLOW
MR LIAM CONDON
Immediate Shareholder: See Shareholders
Subsidiaries
AMPAC EUROPE LTD
E2S GROUP LTD
FIRE FIGHTING ENTERPRISES LTD
HALMA HOLDING GMBH
JAM TOPCO LTD
MINI-CAM ENTERPRISES LTD
PAMAC TECHNOLOGIES PTY LTD
SAFETEC S.R.L.
STATIC SYSTEMS HOLDINGS LTD
FORTRESS INTERLOCKS LTD
Acquisition / Valuation Comments
This company has been established 132 years.
3 directors are over 60 years of age.
The value of the company has risen in each of the last 2 years.
The total value of the company is currently £5.0bn including debts.
The equity value is high, indicating low levels of total liabilities.
The proposed year is based on achieving a 14% return on total assets.
The company's value would increase by 23% if the proposed business plan was followed.
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