hodge clemco limited
hodge clemco limited Company Information
Company Number
00626216
Website
www.hodgeclemco.co.ukRegistered Address
36 orgreave drive, sheffield, S13 9NR
Industry
Manufacture of other fabricated metal products n.e.c.
Telephone
01142540600
Next Accounts Due
September 2025
Group Structure
View All
Shareholders
surfaceprep uk ltd 100%
hodge clemco limited Estimated Valuation
Pomanda estimates the enterprise value of HODGE CLEMCO LIMITED at £16.3m based on a Turnover of £18.7m and 0.87x industry multiple (adjusted for size and gross margin).
hodge clemco limited Estimated Valuation
Pomanda estimates the enterprise value of HODGE CLEMCO LIMITED at £13.2m based on an EBITDA of £2m and a 6.68x industry multiple (adjusted for size and gross margin).
hodge clemco limited Estimated Valuation
Pomanda estimates the enterprise value of HODGE CLEMCO LIMITED at £15.5m based on Net Assets of £7.8m and 1.98x industry multiple (adjusted for liquidity).
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Hodge Clemco Limited Overview
Hodge Clemco Limited is a live company located in sheffield, S13 9NR with a Companies House number of 00626216. It operates in the manufacture of other fabricated metal products n.e.c. sector, SIC Code 25990. Founded in April 1959, it's largest shareholder is surfaceprep uk ltd with a 100% stake. Hodge Clemco Limited is a mature, mid sized company, Pomanda has estimated its turnover at £18.7m with healthy growth in recent years.
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Hodge Clemco Limited Health Check
Pomanda's financial health check has awarded Hodge Clemco Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 7 measures and has 1 areas for improvement. Company Health Check FAQs
7 Strong
4 Regular
1 Weak
Size
annual sales of £18.7m, make it larger than the average company (£14.5m)
£18.7m - Hodge Clemco Limited
£14.5m - Industry AVG
Growth
3 year (CAGR) sales growth of 5%, show it is growing at a slower rate (7.6%)
5% - Hodge Clemco Limited
7.6% - Industry AVG
Production
with a gross margin of 38.8%, this company has a lower cost of product (29.5%)
38.8% - Hodge Clemco Limited
29.5% - Industry AVG
Profitability
an operating margin of 9.4% make it more profitable than the average company (6.5%)
9.4% - Hodge Clemco Limited
6.5% - Industry AVG
Employees
with 76 employees, this is similar to the industry average (83)
76 - Hodge Clemco Limited
83 - Industry AVG
Pay Structure
on an average salary of £44.7k, the company has an equivalent pay structure (£41k)
£44.7k - Hodge Clemco Limited
£41k - Industry AVG
Efficiency
resulting in sales per employee of £245.7k, this is more efficient (£163.9k)
£245.7k - Hodge Clemco Limited
£163.9k - Industry AVG
Debtor Days
it gets paid by customers after 53 days, this is near the average (58 days)
53 days - Hodge Clemco Limited
58 days - Industry AVG
Creditor Days
its suppliers are paid after 62 days, this is slower than average (44 days)
62 days - Hodge Clemco Limited
44 days - Industry AVG
Stock Days
it holds stock equivalent to 82 days, this is in line with average (70 days)
82 days - Hodge Clemco Limited
70 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 41 weeks, this is more cash available to meet short term requirements (14 weeks)
41 weeks - Hodge Clemco Limited
14 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 27.9%, this is a lower level of debt than the average (45.4%)
27.9% - Hodge Clemco Limited
45.4% - Industry AVG
HODGE CLEMCO LIMITED financials
Hodge Clemco Limited's latest turnover from December 2023 is £18.7 million and the company has net assets of £7.8 million. According to their latest financial statements, Hodge Clemco Limited has 76 employees and maintains cash reserves of £2.3 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2023 | Dec 2022 | Dec 2021 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 18,670,532 | 17,160,866 | 13,308,941 | 14,138,631 | 16,136,936 | 15,701,450 | 16,864,096 | 15,167,764 | 15,910,890 | 10,420,624 | 10,955,145 | 10,214,189 | 11,082,242 | 10,292,694 | 10,802,632 |
| Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Cost Of Sales | 11,431,792 | 11,701,144 | 10,112,134 | 9,965,096 | 11,472,029 | 11,470,921 | 11,587,482 | 10,183,357 | 10,608,350 | 7,220,381 | 6,672,946 | 7,291,937 | 6,569,813 | 7,506,577 | |
| Gross Profit | 7,238,740 | 5,459,722 | 3,196,807 | 4,173,535 | 4,664,907 | 4,230,529 | 5,276,614 | 4,984,407 | 5,302,540 | 3,734,764 | 3,541,243 | 3,790,305 | 3,722,881 | 3,296,055 | |
| Admin Expenses | 5,480,976 | 4,932,749 | 3,948,521 | 4,290,500 | 4,565,491 | 4,786,393 | 3,474,100 | 3,973,913 | 3,835,042 | ||||||
| Operating Profit | 1,757,764 | 526,973 | 716,386 | -59,971 | 711,123 | 516,147 | 3,456,563 | 260,664 | -183,608 | -112,161 | |||||
| Interest Payable | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest Receivable | 6,319 | 0 | 0 | 0 | 255 | 653 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1,044 |
| Pre-Tax Profit | 1,764,083 | 526,973 | -2,476,935 | 1,186,839 | 716,641 | -59,318 | 711,123 | 712,904 | 516,147 | 3,456,563 | 260,664 | -119,028 | 2,370,401 | -112,161 | 502,573 |
| Tax | -179,115 | -132,722 | 336,400 | -226,916 | -115,229 | -8,412 | -135,415 | -144,667 | -109,647 | -108,966 | -56,525 | -60,084 | -95,826 | -123,066 | -307,859 |
| Profit After Tax | 1,584,968 | 394,251 | -2,140,535 | 959,923 | 601,412 | -67,730 | 575,708 | 568,237 | 406,500 | 3,347,597 | 204,139 | -179,112 | 2,274,575 | -235,227 | 194,714 |
| Dividends Paid | 0 | 0 | 0 | 111,240 | 111,240 | 111,240 | 108,000 | 0 | 152,000 | 100,000 | 100,000 | 100,000 | 2,554,009 | 0 | 200,000 |
| Retained Profit | 1,584,968 | 394,251 | -2,140,535 | 848,683 | 490,172 | -178,970 | 467,708 | 568,237 | 254,500 | 3,247,597 | 104,139 | -279,112 | -279,434 | -235,227 | -5,286 |
| Employee Costs | 3,398,280 | 3,205,819 | 1,672,132 | 2,822,451 | 2,919,242 | 3,209,505 | 3,169,106 | 3,062,758 | 3,121,278 | 2,089,179 | 1,931,317 | 1,894,872 | 1,828,366 | 1,887,216 | 1,590,013 |
| Number Of Employees | 76 | 78 | 73 | 72 | 77 | 77 | 86 | 85 | 91 | 60 | 55 | 58 | 57 | 57 | 53 |
| EBITDA* | 1,978,854 | 740,123 | 911,604 | 146,783 | 942,715 | 770,271 | 3,610,042 | 388,824 | 687,513 | 769,108 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Dec 2022 | Dec 2021 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 550,705 | 503,601 | 642,295 | 2,944,564 | 3,026,283 | 1,849,405 | 1,682,239 | 1,837,455 | 1,901,408 | 1,909,104 | 645,691 | 528,197 | 535,369 | 501,225 | 518,075 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 393,550 | 1,162,750 | 1,948,750 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 550,705 | 503,601 | 642,295 | 2,944,564 | 3,026,283 | 1,849,405 | 1,682,239 | 1,837,455 | 1,901,408 | 1,909,104 | 645,691 | 528,197 | 928,919 | 1,663,975 | 2,466,825 |
| Stock & work in progress | 2,597,083 | 3,154,131 | 3,410,998 | 2,781,143 | 2,625,945 | 2,813,562 | 3,293,125 | 3,008,495 | 2,888,187 | 3,159,707 | 2,089,842 | 2,096,178 | 1,794,070 | 1,769,286 | 1,565,888 |
| Trade Debtors | 2,712,425 | 2,754,965 | 2,584,249 | 2,850,363 | 3,050,580 | 3,057,216 | 3,259,679 | 3,126,277 | 2,954,091 | 3,450,220 | 1,807,743 | 2,256,706 | 2,317,408 | 2,140,578 | 1,817,843 |
| Group Debtors | 1,795,262 | 1,512,757 | 1,009,930 | 933,115 | 40,221 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 112,045 | 959,677 |
| Misc Debtors | 847,904 | 507,226 | 355,348 | 49,048 | 33,176 | 641,362 | 149,062 | 123,079 | 38,462 | 84,161 | 82,078 | 188,336 | 115,371 | 273,276 | 131,047 |
| Cash | 2,320,396 | 1,305,036 | 676,419 | 2,230,073 | 1,992,994 | 1,964,811 | 2,581,579 | 3,035,587 | 2,440,850 | 1,691,196 | 2,614,596 | 1,884,156 | 1,854,627 | 1,115,319 | 677,890 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 10,273,070 | 9,234,115 | 8,036,944 | 8,843,742 | 7,742,916 | 8,476,951 | 9,283,445 | 9,293,438 | 8,321,590 | 8,385,284 | 6,594,259 | 6,425,376 | 6,081,476 | 5,410,504 | 5,152,345 |
| total assets | 10,823,775 | 9,737,716 | 8,679,239 | 11,788,306 | 10,769,199 | 10,326,356 | 10,965,684 | 11,130,893 | 10,222,998 | 10,294,388 | 7,239,950 | 6,953,573 | 7,010,395 | 7,074,479 | 7,619,170 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 1,949,409 | 1,957,065 | 1,679,462 | 1,816,636 | 1,397,717 | 1,652,830 | 1,639,539 | 1,758,084 | 1,377,329 | 1,403,162 | 934,885 | 1,383,797 | 1,427,274 | 1,480,013 | 1,647,245 |
| Group/Directors Accounts | 0 | 539,085 | 490,935 | 760,000 | 1,171,549 | 1,287,470 | 1,436,035 | 1,874,628 | 2,243,882 | 2,087,964 | 3,424,556 | 2,485,547 | 2,645,507 | 2,554,009 | 2,554,009 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 10,174 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 969,371 | 1,020,392 | 681,919 | 1,160,712 | 989,258 | 733,653 | 1,066,496 | 1,120,954 | 785,288 | 1,232,387 | 638,546 | 967,308 | 540,530 | 372,957 | 520,490 |
| total current liabilities | 2,928,954 | 3,516,542 | 2,852,316 | 3,737,348 | 3,558,524 | 3,673,953 | 4,142,070 | 4,753,666 | 4,406,499 | 4,723,513 | 4,997,987 | 4,836,652 | 4,613,311 | 4,406,979 | 4,721,744 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 29,742 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 58,937 | 0 | 0 | 83,500 | 91,900 | 23,800 | 16,041 | 37,362 | 44,871 | 53,747 | 34,171 | 13,268 | 14,319 | 5,301 | 0 |
| total long term liabilities | 88,679 | 0 | 0 | 83,500 | 91,900 | 23,800 | 16,041 | 37,362 | 44,871 | 53,747 | 34,171 | 13,268 | 14,319 | 5,301 | 0 |
| total liabilities | 3,017,633 | 3,516,542 | 2,852,316 | 3,820,848 | 3,650,424 | 3,697,753 | 4,158,111 | 4,791,028 | 4,451,370 | 4,777,260 | 5,032,158 | 4,849,920 | 4,627,630 | 4,412,280 | 4,721,744 |
| net assets | 7,806,142 | 6,221,174 | 5,826,923 | 7,967,458 | 7,118,775 | 6,628,603 | 6,807,573 | 6,339,865 | 5,771,628 | 5,517,128 | 2,207,792 | 2,103,653 | 2,382,765 | 2,662,199 | 2,897,426 |
| total shareholders funds | 7,806,142 | 6,221,174 | 5,826,923 | 7,967,458 | 7,118,775 | 6,628,603 | 6,807,573 | 6,339,865 | 5,771,628 | 5,517,128 | 2,207,792 | 2,103,653 | 2,382,765 | 2,662,199 | 2,897,426 |
| Dec 2023 | Dec 2022 | Dec 2021 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | 1,757,764 | 526,973 | 716,386 | -59,971 | 711,123 | 516,147 | 3,456,563 | 260,664 | -183,608 | -112,161 | |||||
| Depreciation | 221,090 | 213,150 | 165,392 | 226,626 | 195,218 | 191,754 | 231,592 | 251,171 | 254,124 | 153,479 | 128,160 | 102,168 | 101,921 | 95,269 | 85,708 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 15,000 | 0 | 0 | 0 | 0 | 0 | 393,550 | 769,200 | 786,000 | 655,970 |
| Tax | -179,115 | -132,722 | 336,400 | -226,916 | -115,229 | -8,412 | -135,415 | -144,667 | -109,647 | -108,966 | -56,525 | -60,084 | -95,826 | -123,066 | -307,859 |
| Stock | -557,048 | -256,867 | 785,053 | 155,198 | -187,617 | -479,563 | 284,630 | 120,308 | -271,520 | 1,069,865 | -6,336 | 302,108 | 24,784 | 203,398 | 1,565,888 |
| Debtors | 580,643 | 825,421 | 825,550 | 708,549 | -574,601 | 289,837 | 159,385 | 256,803 | -541,828 | 1,644,560 | -555,221 | 12,263 | -93,120 | -382,668 | 2,908,567 |
| Creditors | -7,656 | 277,603 | 281,745 | 418,919 | -255,113 | 13,291 | -118,545 | 380,755 | -25,833 | 468,277 | -448,912 | -43,477 | -52,739 | -167,232 | 1,647,245 |
| Accruals and Deferred Income | -51,021 | 338,473 | -307,339 | 171,454 | 255,605 | -332,843 | -54,458 | 335,666 | -447,099 | 593,841 | -328,762 | 426,778 | 167,573 | -147,533 | 520,490 |
| Deferred Taxes & Provisions | 58,937 | 0 | -91,900 | -8,400 | 68,100 | 7,759 | -21,321 | -7,509 | -8,876 | 19,576 | 20,903 | -1,051 | 9,018 | 5,301 | 0 |
| Cash flow from operations | 1,776,404 | 654,923 | 1,627,185 | 16,304 | 168,961 | 992,164 | 1,868,345 | 137,085 | 783,875 | 515,848 | |||||
| Investing Activities | |||||||||||||||
| capital expenditure | |||||||||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | |||||||||||||||
| Financing Activities | |||||||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | -539,085 | 48,150 | -680,614 | -411,549 | -115,921 | -148,565 | -438,593 | -369,254 | 155,918 | -1,336,592 | 939,009 | -159,960 | 91,498 | 0 | 2,554,009 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 39,916 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||||||||||||
| interest | 6,319 | 0 | 0 | 0 | 255 | 653 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1,044 |
| cash flow from financing | -492,850 | 48,150 | 168,069 | -411,549 | -115,666 | -147,912 | -438,593 | -369,254 | 155,918 | -1,274,853 | 939,009 | -159,960 | 91,498 | 0 | 5,457,765 |
| cash and cash equivalents | |||||||||||||||
| cash | 1,015,360 | 628,617 | -1,316,575 | 237,079 | 28,183 | -616,768 | -454,008 | 594,737 | 749,654 | -923,400 | 730,440 | 29,529 | 739,308 | 437,429 | 677,890 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 1,015,360 | 628,617 | -1,316,575 | 237,079 | 28,183 | -616,768 | -454,008 | 594,737 | 749,654 | -923,400 | 730,440 | 29,529 | 739,308 | 437,429 | 677,890 |
hodge clemco limited Credit Report and Business Information
Hodge Clemco Limited Competitor Analysis
Perform a competitor analysis for hodge clemco limited by selecting its closest rivals, whether from the MANUFACTURING sector, other mid companies, companies in S13 area or any other competitors across 12 key performance metrics.
hodge clemco limited Ownership
HODGE CLEMCO LIMITED group structure
Hodge Clemco Limited has 1 subsidiary company.
Ultimate parent company
COP GRAND RAPIDS INVESTMENT LLC
#0157972
2 parents
HODGE CLEMCO LIMITED
00626216
1 subsidiary
hodge clemco limited directors
Hodge Clemco Limited currently has 7 directors. The longest serving directors include Mr Michael Currie (Sep 2021) and Mr Michael Currie (Sep 2021).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Michael Currie | United States | 51 years | Sep 2021 | - | Director |
| Mr Michael Currie | United States | 51 years | Sep 2021 | - | Director |
| Ms Katherine Yang | United States | 40 years | Sep 2021 | - | Director |
| Mrs Claire Twibell | England | 52 years | Jan 2022 | - | Director |
| Mr John Dodge | England | 49 years | Sep 2022 | - | Director |
| Mr Sean Wieland | United States | 39 years | Feb 2024 | - | Director |
| Mr Christopher Pierce | United States | 46 years | Feb 2024 | - | Director |
P&L
December 2023turnover
18.7m
+9%
operating profit
1.8m
+234%
gross margin
38.8%
+21.86%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
7.8m
+0.25%
total assets
10.8m
+0.11%
cash
2.3m
+0.78%
net assets
Total assets minus all liabilities
hodge clemco limited company details
company number
00626216
Type
Private limited with Share Capital
industry
25990 - Manufacture of other fabricated metal products n.e.c.
incorporation date
April 1959
age
65
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
December 2023
previous names
N/A
accountant
-
auditor
SUMER AUDITCO LIMITED
address
36 orgreave drive, sheffield, S13 9NR
Bank
BARCLAYS BANK PLC
Legal Advisor
-
hodge clemco 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 8 charges/mortgages relating to hodge clemco limited. Currently there are 1 open charges and 7 have been satisfied in the past.
hodge clemco limited Companies House Filings - See Documents
| date | description | view/download |
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