HSS Hire

Ever heard the HSS story? It began in 1957 when Bert Taylor lent his sister a ladder and decided it could be a great opportunity. Seems he was right. The business grew and grew, from one shop in Kensington to expansion throughout the UK. Today, over 50 years later, HSS provides an ever increasing range of tools and equipment for trade and DIY customers and big businesses alike, together with training services, managed equipment plans, and HSS LiveHire - one of the most powerful tools in the hire industry. We now operate over 270 locations nationwide, and HSS.com is the industry’s first fully transactional website enabling customers to click and collect, see live availability, and find their nearest branch. More than anything, it’s a story about our people. Or our HSSers, as we call them. While we’re committed to customer service, we’re proud to believe that our people are just as important. That’s why we not only make sure we recruit the right people - we also made sure everyone’s happy, whether they’ve joined us at the heart of our business in our branches, helped us take a strategic approach as a manager, or driven us forward in one of our back office support teams. In fact, all 2500 of us have everything we need to do our jobs successfully, confidently and safely. Our business is grounded on four key principles that drive us every day – Safety, Value, Availability, and Support. Our generous benefits programme includes life assurance and healthcare for all HSSers, and free hire on all of our core range of products. And those who achieve 5 years of continuous service can look forward to a long service cash reward that grows with every consecutive 5 years from then on. But being part of the story means living and breathing a unique mix of can-do attitude, skills, values and ambitions. It’s the best of who we are and it’s what sets us apart from others in the industry. It’s called HSSness... and if you’ve got it, we’d love to hear from you.
Type
Public
HQ
Mitcham, GB
Founded
1957
Size (employees)
3,344 (est)+16%
Website
hss.com
HSS Hire was founded in 1957 and is headquartered in Mitcham, GB

HSS Hire Office Locations

HSS Hire has an office in Mitcham
Mitcham, GB (HQ)
Hss Hire Service Group Ltd 25 Willow Ln

HSS Hire Data and Metrics

HSS Hire Financial Metrics

HSS Hire's revenue was reported to be £312.3 m in FY, 2015 which is a 10% increase from the previous period.
GBP

Revenue (FY, 2015)

312.3 m

Revenue growth (FY, 2014 - FY, 2015), %

10%

Gross profit (FY, 2015)

191.4 m

Gross profit margin (FY, 2015), %

61%

Net income (FY, 2015)

(5 m)

Market capitalization (21-Jul-2017)

105.7 m

Closing share price (21-Jul-2017)

0.6

Cash (26-Dec-2015)

722 k
HSS Hire's current market capitalization is €105.7 m.
GBPFY, 2013FY, 2014FY, 2015

Revenue

225.8 m284.6 m312.3 m

Revenue growth, %

5%10%

Cost of goods sold

73.4 m103 m120.9 m

Gross profit

152.4 m181.5 m191.4 m

Gross profit Margin, %

67%64%61%

Operating expense total

129.1 m158 m184.6 m

Pre tax profit

20.4 m17.7 m(2.7 m)

Net Income

16.1 m13.2 m(5 m)
GBPFY, 2013FY, 2014FY, 2015

Cash

2.9 m7.6 m722 k

Accounts Receivable

53.2 m56.4 m65.5 m

Current Assets

92.6 m119.7 m118.3 m

PP&E

99.2 m96.6 m127.4 m

Goodwill

10.4 m4.3 m6.9 m

Total Assets

202.2 m220.5 m252.6 m

Accounts Payable

29.5 m33.8 m37.1 m

Current Liabilities

126.8 m148.6 m195.1 m

Total Liabilities

140.2 m162.4 m208.2 m

Retained Earnings

16.1 m13.2 m(13.5 m)

Total Equity

62 m58.1 m44.4 m

Financial Leverage

3.3 x3.8 x5.7 x
GBPFY, 2013FY, 2014FY, 2015

Income Taxes Paid

(4.3 m)(4.5 m)(2.2 m)
GBPY, 2015

Revenue/Employee

107.8 k

Financial Leverage

5.7 x

HSS Hire Market Value History

HSS Hire Online and Social Media Presence

HSS Hire News and Updates

HSS Hire Company Life and Culture

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