Hercules
Organization
Hercules Site Services is a UK infrastructure-services company providing specialist construction and utility services, including vacuum excavation and related site equipment; the excerpt mentions delayed accounts and a qualified audit report.
What experts have said about Hercules
3 statements · 3 negative
Hercules’s 9% rise to 37.5p is unjustified because the contract is not game-changing.
“I think that's a bit spurious to 37.5p because I don't think this is a game-changing contract and the forecasts haven't changed.”
Open the episode · Morning Movers!Listen at 10:50
Hercules has a history of audit qualification and unsupported cash outflows.
“very accident-prone. We had a qualified audit opinion last time, I think, and there were accounting irregularities where they just couldn't provide any accounting evidence for some cash outflows.”
Open the episode · Morning Movers!Listen at 11:20
Hercules’s unaccounted cash outflows make Paul Scott wary of the company.
“That makes me very wary. If you kept unaccounted for cash outflows, no, that's just appalling.”
Open the episode · Morning Movers!Listen at 11:41
Statements are attributed to the speaker as said on the episode and reflect their view at the time, not PodLume's. They are not advice.
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