heygate engineering company limited(the)Estimated Valuation
£5.6m
Pomanda estimates the enterprise value of HEYGATE ENGINEERING COMPANY LIMITED(THE) at £5.6m based on a Turnover of £14.7m and 0.38x industry multiple (adjusted for size and gross margin).
heygate engineering company limited(the)Estimated Valuation
£3.8m
Pomanda estimates the enterprise value of HEYGATE ENGINEERING COMPANY LIMITED(THE) at £3.8m based on an EBITDA of £1.3m and a 2.84x industry multiple (adjusted for size and gross margin).
heygate engineering company limited(the)Estimated Valuation
£893.6k
Pomanda estimates the enterprise value of HEYGATE ENGINEERING COMPANY LIMITED(THE) at £893.6k based on Net Assets of £400.4k and 2.23x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Heygate Engineering Company Limited(the)Overview
Heygate Engineering Company Limited(the) is a live company located in northampton, NN7 3QH with a Companies House number of 00492098. It operates in the freight transport by road sector, SIC Code 49410. Founded in March 1951, it's largest shareholder is
heygate & sons ltd
with a 100% stake. Heygate Engineering Company Limited(the) is a mature,
mid sized company, Pomanda has estimated its turnover at
£14.7m with
healthy
growth in recent years.
Heygate Engineering Company Limited(the) Health Check
Pomanda's financial health check has awarded Heygate Engineering Company Limited(The) a 3 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 6 areas for improvement. Company Health Check FAQs
Health Rating3out of 5
4 Strong
2 Regular
6 Weak
Size
annual sales of £14.7m, make it larger than the average company (£10.4m)
£14.7m - Heygate Engineering Company Limited(the)
£10.4m - Industry AVG
Growth
3 year (CAGR) sales growth of 11%, show it is growing at a similar rate (9%)
11% - Heygate Engineering Company Limited(the)
9% - Industry AVG
Production
with a gross margin of 6.6%, this company has a higher cost of product (22.3%)
6.6% - Heygate Engineering Company Limited(the)
22.3% - Industry AVG
Profitability
an operating margin of 0.7% make it less profitable than the average company (5%)
0.7% - Heygate Engineering Company Limited(the)
5% - Industry AVG
Employees
with 104 employees, this is above the industry average (64)
104 - Heygate Engineering Company Limited(the)
64 - Industry AVG
Pay Structure
on an average salary of £60.6k, the company has a higher pay structure (£41.1k)
£60.6k - Heygate Engineering Company Limited(the)
£41.1k - Industry AVG
Efficiency
resulting in sales per employee of £141.7k, this is equally as efficient (£136.4k)
£141.7k - Heygate Engineering Company Limited(the)
£136.4k - Industry AVG
Debtor Days
it gets paid by customers after 1 days, this is earlier than average (52 days)
1 days - Heygate Engineering Company Limited(the)
52 days - Industry AVG
Creditor Days
its suppliers are paid after 58 days, this is slower than average (31 days)
58 days - Heygate Engineering Company Limited(the)
31 days - Industry AVG
Stock Days
it holds stock equivalent to 12 days, this is more than average (1 days)
12 days - Heygate Engineering Company Limited(the)
1 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 - Heygate Engineering Company Limited(the)
12 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 95.2%, this is a higher level of debt than the average (60.6%)
95.2% - Heygate Engineering Company Limited(the)
60.6% - Industry AVG
HEYGATE ENGINEERING COMPANY LIMITED(THE) financials
EXPORT
Heygate Engineering Company Limited(The)'s latest turnover from March 2024 is £14.7 million and the company has net assets of £400.4 thousand. According to their latest financial statements, Heygate Engineering Company Limited(The) has 104 employees and maintains cash reserves of £500.2 thousand as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Mar 2024
Apr 2023
Apr 2022
Mar 2021
Mar 2020
Mar 2019
Mar 2018
Apr 2017
Apr 2016
Mar 2015
Mar 2014
Mar 2013
Mar 2012
Mar 2011
Mar 2010
Turnover
14,739,644
14,121,592
12,132,206
10,894,125
10,443,796
9,931,947
8,943,652
8,638,111
8,839,841
8,859,247
9,115,726
8,881,654
8,494,473
7,596,975
7,075,639
Other Income Or Grants
Cost Of Sales
13,766,352
13,231,795
11,341,336
10,133,096
9,701,756
9,254,323
8,261,428
8,002,648
8,087,878
8,065,115
8,274,470
8,083,734
7,701,430
6,823,889
6,380,749
Gross Profit
973,292
889,797
790,870
761,029
742,040
677,624
682,224
635,463
751,963
794,132
841,256
797,920
793,043
773,086
694,890
Admin Expenses
875,282
845,919
755,540
727,371
719,161
658,167
651,486
623,355
791,560
753,677
809,703
754,583
785,795
748,673
662,730
Operating Profit
98,010
43,878
35,330
33,658
22,879
19,457
30,738
12,108
-39,597
40,455
31,553
43,337
7,248
24,413
32,160
Interest Payable
85,785
33,637
30,307
29,590
21,836
17,945
12,453
10,991
17,042
19,169
17,565
12,813
12,376
19,571
24,355
Interest Receivable
Pre-Tax Profit
12,225
10,241
5,023
4,068
1,043
1,512
18,285
1,117
-56,639
21,286
13,988
30,524
-5,128
12,922
7,805
Tax
-3,222
-217,756
-97,298
-13,313
-3,513
10,219
2,854
-15,394
988
2,881
-36,864
4,287
-171
-2,609
94,694
Profit After Tax
9,003
-207,515
-92,275
-9,245
-2,470
11,731
21,139
-14,277
-55,651
24,167
-22,876
34,811
-5,299
10,313
102,499
Dividends Paid
Retained Profit
9,003
-207,515
-92,275
-9,245
-2,470
11,731
21,139
-14,277
-55,651
24,167
-22,876
34,811
-5,299
10,313
102,499
Employee Costs
6,305,900
5,304,358
4,906,032
4,825,826
4,354,725
4,074,562
3,904,443
3,634,504
3,784,301
3,730,053
3,819,900
3,764,824
3,594,770
3,356,052
3,269,645
Number Of Employees
104
97
101
105
100
97
91
91
95
94
95
98
94
93
93
EBITDA*
1,323,133
1,173,656
1,085,001
987,419
933,150
816,269
737,506
663,954
581,367
616,240
519,466
528,853
501,231
464,358
523,176
* Earnings Before Interest, Tax, Depreciation and Amortisation
Mar 2024
Apr 2023
Apr 2022
Mar 2021
Mar 2020
Mar 2019
Mar 2018
Apr 2017
Apr 2016
Mar 2015
Mar 2014
Mar 2013
Mar 2012
Mar 2011
Mar 2010
Tangible Assets
6,725,184
4,476,428
4,288,864
4,776,885
3,998,522
3,430,621
3,141,840
2,878,071
2,426,175
2,605,070
2,782,482
1,982,058
1,632,433
1,789,881
1,570,846
Intangible Assets
Investments & Other
8,080
8,080
8,080
8,080
8,080
8,080
8,080
8,080
8,080
8,080
8,080
8,080
8,080
8,080
15,710
Debtors (Due After 1 year)
Total Fixed Assets
6,733,264
4,484,508
4,296,944
4,784,965
4,006,602
3,438,701
3,149,920
2,886,151
2,434,255
2,613,150
2,790,562
1,990,138
1,640,513
1,797,961
1,586,556
Stock & work in progress
475,115
583,616
542,412
407,820
486,698
382,160
313,061
307,323
279,346
262,127
370,571
394,724
422,390
332,892
360,870
Trade Debtors
54,160
173,199
37,651
22,592
12,873
26,470
4,866
3,122
1,930
6,239
16,505
1,776
3,299
110,328
139,468
Group Debtors
511,302
4,035,560
2,200,000
1,028,318
709,672
726,083
651,846
503,618
477,000
592,912
488,155
954,487
847,379
668,716
1,136,011
Misc Debtors
61,257
59,405
48,425
126,917
130,429
100,367
84,607
64,637
132,759
103,714
110,580
112,797
81,266
12,858
Cash
500,180
2,722,675
1,605,558
1,992,136
821,036
858,398
837,359
891,216
434,184
400,995
1,041,788
1,334,308
2,758,784
misc current assets
total current assets
1,602,014
7,574,455
4,434,046
3,577,783
2,160,708
2,093,478
1,891,739
1,769,916
1,325,219
1,365,987
2,027,599
2,798,092
4,113,118
1,124,794
1,636,349
total assets
8,335,278
12,058,963
8,730,990
8,362,748
6,167,310
5,532,179
5,041,659
4,656,067
3,759,474
3,979,137
4,818,161
4,788,230
5,753,631
2,922,755
3,222,905
Bank overdraft
217,104
186,610
Bank loan
Trade Creditors
2,223,779
3,446,244
3,204,283
2,792,789
2,709,279
2,854,492
2,559,790
2,449,576
1,486,915
1,947,207
2,064,649
1,815,561
1,844,501
1,629,320
1,943,104
Group/Directors Accounts
2,567,027
6,740,027
3,666,522
2,757,238
1,176,875
695,006
733,984
701,446
1,229,352
609,191
922,837
1,521,196
2,724,669
49,672
1,171
other short term finances
hp & lease commitments
1,021,910
517,596
707,074
940,627
677,893
577,748
435,664
279,774
159,323
387,253
484,061
254,334
167,595
181,033
236,199
other current liabilities
181,631
359,786
171,819
223,805
212,566
199,359
171,378
167,214
132,504
147,592
143,666
184,013
190,883
5,970
total current liabilities
5,994,347
11,063,653
7,749,698
6,714,459
4,776,613
4,326,605
3,900,816
3,598,010
3,008,094
3,091,243
3,615,213
3,775,104
4,927,648
2,077,129
2,373,054
loans
15,750
15,750
15,750
15,750
15,750
15,750
15,750
15,750
15,750
15,750
15,750
15,750
15,750
15,750
15,750
hp & lease commitments
883,658
247,632
243,855
915,875
662,351
478,271
415,052
350,550
39,958
119,833
456,173
258,749
106,417
120,761
135,299
Accruals and Deferred Income
other liabilities
provisions
1,041,165
340,573
122,817
25,519
12,206
8,693
18,912
21,767
11,405
12,393
15,274
total long term liabilities
1,940,573
603,955
382,422
957,144
690,307
502,714
449,714
388,067
67,113
147,976
487,197
274,499
122,167
136,511
151,049
total liabilities
7,934,920
11,667,608
8,132,120
7,671,603
5,466,920
4,829,319
4,350,530
3,986,077
3,075,207
3,239,219
4,102,410
4,049,603
5,049,815
2,213,640
2,524,103
net assets
400,358
391,355
598,870
691,145
700,390
702,860
691,129
669,990
684,267
739,918
715,751
738,627
703,816
709,115
698,802
total shareholders funds
400,358
391,355
598,870
691,145
700,390
702,860
691,129
669,990
684,267
739,918
715,751
738,627
703,816
709,115
698,802
Mar 2024
Apr 2023
Apr 2022
Mar 2021
Mar 2020
Mar 2019
Mar 2018
Apr 2017
Apr 2016
Mar 2015
Mar 2014
Mar 2013
Mar 2012
Mar 2011
Mar 2010
Operating Activities
Operating Profit
98,010
43,878
35,330
33,658
22,879
19,457
30,738
12,108
-39,597
40,455
31,553
43,337
7,248
24,413
32,160
Depreciation
1,225,123
1,129,778
1,049,671
953,761
910,271
796,812
706,768
651,846
620,964
575,785
487,913
485,516
493,983
439,945
491,016
Amortisation
Tax
-3,222
-217,756
-97,298
-13,313
-3,513
10,219
2,854
-15,394
988
2,881
-36,864
4,287
-171
-2,609
94,694
Stock
-108,501
41,204
134,592
-78,878
104,538
69,099
5,738
27,977
17,219
-108,444
-24,153
-27,666
89,498
-27,978
360,870
Debtors
-3,641,445
1,982,088
1,108,249
324,853
54
111,601
169,942
-40,312
-91,176
87,625
-453,820
137,116
140,042
-483,577
1,275,479
Creditors
-1,222,465
241,961
411,494
83,510
-145,213
294,702
110,214
962,661
-460,292
-117,442
249,088
-28,940
215,181
-313,784
1,943,104
Accruals and Deferred Income
-178,155
187,967
-51,986
11,239
13,207
27,981
4,164
34,710
-15,088
3,926
-40,347
-6,870
190,883
-5,970
5,970
Deferred Taxes & Provisions
700,592
217,756
97,298
13,313
3,513
-10,219
-2,855
10,362
-988
-2,881
15,274
Cash flow from operations
4,369,829
-419,708
201,668
836,193
696,552
958,252
676,203
1,668,628
179,944
523,543
1,184,590
387,880
677,584
653,550
930,595
Investing Activities
capital expenditure
-3,473,879
-1,317,342
-561,650
-1,732,124
-1,478,172
-1,085,593
-970,537
-1,103,742
-442,069
-398,373
-1,288,337
-835,141
-336,535
-658,980
-2,061,862
Change in Investments
-7,630
15,710
cash flow from investments
-3,473,879
-1,317,342
-561,650
-1,732,124
-1,478,172
-1,085,593
-970,537
-1,103,742
-442,069
-398,373
-1,288,337
-835,141
-336,535
-651,350
-2,077,572
Financing Activities
Bank loans
Group/Directors Accounts
-4,173,000
3,073,505
909,284
1,580,363
481,869
-38,978
32,538
-527,906
620,161
-313,646
-598,359
-1,203,473
2,674,997
48,501
1,171
Other Short Term Loans
Long term loans
15,750
Hire Purchase and Lease Commitments
1,140,340
-185,701
-905,573
516,258
284,225
205,303
220,392
431,043
-307,805
-433,148
427,151
239,071
-27,782
-69,704
371,498
other long term liabilities
share issue
596,303
interest
-85,785
-33,637
-30,307
-29,590
-21,836
-17,945
-12,453
-10,991
-17,042
-19,169
-17,565
-12,813
-12,376
-19,571
-24,355
cash flow from financing
-3,118,445
2,854,167
-26,596
2,067,031
744,258
148,380
240,477
-107,854
295,314
-765,963
-188,773
-977,215
2,634,839
-40,774
960,367
cash and cash equivalents
cash
-2,222,495
1,117,117
-386,578
1,171,100
-37,362
21,039
-53,857
457,032
33,189
-640,793
-292,520
-1,424,476
2,758,784
overdraft
-217,104
30,494
186,610
change in cash
-2,222,495
1,117,117
-386,578
1,171,100
-37,362
21,039
-53,857
457,032
33,189
-640,793
-292,520
-1,424,476
2,975,888
-30,494
-186,610
heygate engineering company limited(the) 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 heygate engineering company limited(the). Get real-time insights into heygate engineering company limited(the)'s credit score, group structure and payment trends.
Heygate Engineering Company Limited(the) Competitor Analysis
Perform a competitor analysis for heygate engineering company limited(the) by selecting its closest rivals, whether from the TRANSPORTATION AND STORAGE sector, other mid companies, companies in NN7 area or any other competitors across 12 key performance metrics.
heygate engineering company limited(the) Ownership
HEYGATE ENGINEERING COMPANY LIMITED(THE) group structure
Heygate Engineering Company Limited(The) has 1 subsidiary company.
HEYGATE ENGINEERING COMPANY LIMITED(THE) Shareholders
The sole shareholder of Heygate Engineering Company Limited(The) is Heygate & Sons Ltd.
heygate & sons ltd
100%
heygate engineering company limited(the) directors
Heygate Engineering Company Limited(The) currently has 4 directors.
The longest serving directors include
Mr Arthur Heygate (Dec 1991) and
Mr Paul Heygate Obe (Dec 1991).
heygate engineering company limited(the) 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 1 charges/mortgages relating to heygate engineering company limited(the). Currently there are 0 open charges and 1 have been satisfied in the past.
heygate engineering company limited(the) Capital Raised & Share Issues BETA
When a company issues new shares, e.g. to new investors following a funding round, it is required to notify Companies House within one month of making an allotment of shares.
Click to start generating capital raising & share issue transactions for HEYGATE ENGINEERING COMPANY LIMITED(THE). This can take several minutes, an email will notify you when this has completed.
heygate engineering company limited(the)Companies House Filings - See Documents
