Pomanda estimates the enterprise value of HASCO-THERMIC LIMITED at £539.9k based on a Turnover of £1.3m and 0.42x industry multiple (adjusted for size and gross margin).
hasco-thermic limitedEstimated Valuation
£399.2k
Pomanda estimates the enterprise value of HASCO-THERMIC LIMITED at £399.2k based on an EBITDA of £128.3k and a 3.11x industry multiple (adjusted for size and gross margin).
hasco-thermic limitedEstimated Valuation
£3.3m
Pomanda estimates the enterprise value of HASCO-THERMIC LIMITED at £3.3m based on Net Assets of £1.3m and 2.48x industry multiple (adjusted for liquidity).
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Hasco-thermic LimitedOverview
Hasco-thermic Limited is a live company located in warley, B69 2AY with a Companies House number of 01013744. It operates in the manufacture of ovens, furnaces and furnace burners sector, SIC Code 28210. Founded in June 1971, it's largest shareholder is
b e wedge (holdings) ltd
with a 100% stake. Hasco-thermic Limited is a mature,
small sized company, Pomanda has estimated its turnover at
£1.3m with
declining
growth in recent years.
Pomanda's financial health check has awarded Hasco-Thermic Limited a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 6 areas for improvement. Company Health Check FAQs
Health Rating4.5out of 5
5 Strong
1 Regular
6 Weak
Size
annual sales of £1.3m, make it smaller than the average company (£15.8m)
£1.3m - Hasco-thermic Limited
£15.8m - Industry AVG
Growth
3 year (CAGR) sales growth of -4%, show it is growing at a slower rate (17%)
-4% - Hasco-thermic Limited
17% - Industry AVG
Production
with a gross margin of 15.7%, this company has a higher cost of product (27.3%)
15.7% - Hasco-thermic Limited
27.3% - Industry AVG
Profitability
an operating margin of 8.6% make it more profitable than the average company (4.7%)
8.6% - Hasco-thermic Limited
4.7% - Industry AVG
Employees
with 10 employees, this is below the industry average (68)
10 - Hasco-thermic Limited
68 - Industry AVG
Pay Structure
on an average salary of £45.8k, the company has an equivalent pay structure (£45.8k)
£45.8k - Hasco-thermic Limited
£45.8k - Industry AVG
Efficiency
resulting in sales per employee of £127.9k, this is less efficient (£175.1k)
£127.9k - Hasco-thermic Limited
£175.1k - Industry AVG
Debtor Days
it gets paid by customers after 26 days, this is earlier than average (72 days)
26 days - Hasco-thermic Limited
72 days - Industry AVG
Creditor Days
its suppliers are paid after 82 days, this is slower than average (33 days)
82 days - Hasco-thermic Limited
33 days - Industry AVG
Stock Days
it holds stock equivalent to 251 days, this is more than average (27 days)
251 days - Hasco-thermic Limited
27 days - Industry AVG
Cash Balance
has cash to cover current liabilities
for 111 weeks, this is more cash available to meet short term requirements (9 weeks)
111 weeks - Hasco-thermic Limited
9 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 45.7%, this is a lower level of debt than the average (68.5%)
45.7% - Hasco-thermic Limited
68.5% - Industry AVG
HASCO-THERMIC LIMITED financials
EXPORT
Hasco-Thermic Limited's latest turnover from March 2024 is estimated at £1.3 million and the company has net assets of £1.3 million. According to their latest financial statements, Hasco-Thermic Limited has 10 employees and maintains cash reserves of £1.4 million as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Mar 2024
Mar 2023
Mar 2022
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
1,279,182
1,351,349
1,919,559
1,428,720
1,152,287
1,353,523
1,683,269
1,100,304
2,418,665
2,299,158
1,854,231
2,257,269
2,034,016
2,059,702
1,845,899
Other Income Or Grants
Cost Of Sales
1,078,166
1,042,438
1,555,850
1,267,750
991,891
1,199,064
1,344,612
888,472
1,570,170
1,454,867
1,248,865
1,555,385
1,180,327
1,311,925
1,407,958
Gross Profit
201,016
308,911
363,709
160,970
160,396
154,458
338,657
211,832
848,495
844,291
605,366
701,884
853,689
747,777
437,941
Admin Expenses
90,559
323,766
344,459
41,286
192,906
7,682
514,391
195,622
663,026
661,760
534,787
511,079
513,316
402,597
489,413
Operating Profit
110,457
-14,855
19,250
119,684
-32,510
146,776
-175,734
16,210
185,469
182,531
70,579
190,805
340,373
345,180
-51,472
Interest Payable
108
Interest Receivable
48,920
15,223
3,483
873
767
3,447
2,508
1,463
3,760
Pre-Tax Profit
159,377
368
22,733
120,557
-31,743
150,223
-173,226
17,673
193,498
169,603
72,161
194,963
340,265
348,940
-51,472
Tax
-39,844
-70
-4,319
-22,906
-28,542
-3,534
-42,660
-23,530
-16,585
-48,819
-89,559
-98,303
14,891
Profit After Tax
119,533
298
18,414
97,651
-31,743
121,681
-173,226
14,138
150,838
146,073
55,576
146,144
250,706
250,637
-36,581
Dividends Paid
200,000
Retained Profit
119,533
298
18,414
97,651
-31,743
121,681
-173,226
14,138
-49,162
146,073
55,576
146,144
250,706
250,637
-36,581
Employee Costs
457,780
491,612
491,705
429,751
299,986
257,478
497,303
494,472
572,440
489,226
433,774
483,988
458,540
346,062
390,856
Number Of Employees
10
11
11
10
7
6
12
12
12
11
12
11
9
8
9
EBITDA*
128,312
-6,584
25,962
123,768
-28,806
149,654
-172,206
25,860
197,454
194,659
82,563
205,131
348,830
354,522
-43,734
* Earnings Before Interest, Tax, Depreciation and Amortisation
Mar 2024
Mar 2023
Mar 2022
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
66,965
41,378
12,850
11,193
7,288
10,442
7,691
10,519
13,983
20,154
29,799
39,767
17,415
13,916
16,671
Intangible Assets
Investments & Other
1
1
1
1
1
1
1
Debtors (Due After 1 year)
2,126
3,068
2,846
3,633
3,389
2,740
3,077
2,816
3,076
Total Fixed Assets
66,966
41,379
14,977
14,262
10,135
14,076
7,692
13,908
16,723
23,231
32,615
42,843
17,415
13,916
16,671
Stock & work in progress
742,602
858,558
687,404
254,095
373,899
215,518
276,947
117,339
225,891
195,633
109,189
140,354
99,896
68,766
101,344
Trade Debtors
93,077
351,353
524,157
444,389
102,174
535,094
465,738
391,197
272,378
97,531
283,140
311,599
110,395
109,652
172,249
Group Debtors
13,338
438,239
588,387
487,196
326,613
489,542
380,298
384,008
329,205
528,426
661,924
626,574
712,962
7,129
66,742
Misc Debtors
98,727
63,894
73,847
103,372
90,146
71,070
125,202
80,054
62,197
95,330
118,111
76,502
69,333
102,356
63,049
Cash
1,434,672
428,960
287,435
641,370
1,104,972
428,999
490,266
512,776
657,302
574,271
374,344
264,578
331,172
751,999
449,705
misc current assets
total current assets
2,382,416
2,141,004
2,161,230
1,930,422
1,997,804
1,740,223
1,738,451
1,485,374
1,546,973
1,491,191
1,546,708
1,419,607
1,323,758
1,039,902
853,089
total assets
2,449,382
2,182,383
2,176,207
1,944,684
2,007,939
1,754,299
1,746,143
1,499,282
1,563,696
1,514,422
1,579,323
1,462,450
1,341,173
1,053,818
869,760
Bank overdraft
Bank loan
Trade Creditors
242,655
141,369
403,132
653,751
398,304
473,761
649,282
181,939
171,966
191,201
295,050
211,251
192,279
180,622
93,800
Group/Directors Accounts
8,545
12,169
141
other short term finances
hp & lease commitments
other current liabilities
426,428
210,731
563,582
99,854
516,207
155,367
93,371
140,627
229,152
111,481
218,606
241,108
276,402
247,786
413,215
total current liabilities
669,083
352,100
966,714
753,605
914,511
629,128
742,653
322,566
401,118
302,682
513,656
452,359
477,226
440,577
507,156
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
438,796
615,046
provisions
12,179
5,446
total long term liabilities
450,975
620,492
total liabilities
1,120,058
972,592
966,714
753,605
914,511
629,128
742,653
322,566
401,118
302,682
513,656
452,359
477,226
440,577
507,156
net assets
1,329,324
1,209,791
1,209,493
1,191,079
1,093,428
1,125,171
1,003,490
1,176,716
1,162,578
1,211,740
1,065,667
1,010,091
863,947
613,241
362,604
total shareholders funds
1,329,324
1,209,791
1,209,493
1,191,079
1,093,428
1,125,171
1,003,490
1,176,716
1,162,578
1,211,740
1,065,667
1,010,091
863,947
613,241
362,604
Mar 2024
Mar 2023
Mar 2022
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
110,457
-14,855
19,250
119,684
-32,510
146,776
-175,734
16,210
185,469
182,531
70,579
190,805
340,373
345,180
-51,472
Depreciation
17,855
8,271
6,712
4,084
3,704
2,878
3,528
9,650
11,985
12,128
11,984
14,326
8,457
9,342
7,738
Amortisation
Tax
-39,844
-70
-4,319
-22,906
-28,542
-3,534
-42,660
-23,530
-16,585
-48,819
-89,559
-98,303
14,891
Stock
-115,956
171,154
433,309
-119,804
158,381
-61,429
159,608
-108,552
30,258
86,444
-31,165
40,458
31,130
-32,578
101,344
Debtors
-648,344
-335,031
150,492
516,246
-577,560
128,101
112,590
192,128
-57,844
-341,627
48,240
125,061
673,553
-82,903
302,040
Creditors
101,286
-261,763
-250,619
255,447
-75,457
-175,521
467,343
9,973
-19,235
-103,849
83,799
18,972
11,657
86,822
93,800
Accruals and Deferred Income
215,697
-352,851
463,728
-416,353
360,840
61,996
-47,256
-88,525
117,671
-107,125
-22,502
-35,294
28,616
-165,429
413,215
Deferred Taxes & Provisions
6,733
5,446
Cash flow from operations
1,176,484
-451,945
-349,049
-456,486
675,756
-59,085
-24,317
-139,802
280,816
215,338
110,200
-25,529
-405,139
293,093
74,788
Investing Activities
capital expenditure
-43,442
-36,799
-8,369
-7,989
-550
-5,629
-700
-6,186
-5,814
-2,483
-2,016
-36,678
-11,956
-6,587
-24,409
Change in Investments
1
cash flow from investments
-43,442
-36,799
-8,369
-7,989
-550
-5,629
-701
-6,186
-5,814
-2,483
-2,016
-36,678
-11,956
-6,587
-24,409
Financing Activities
Bank loans
Group/Directors Accounts
-8,545
-3,624
12,028
141
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
-176,250
615,046
share issue
399,185
interest
48,920
15,223
3,483
873
767
3,447
2,508
1,463
-108
3,760
cash flow from financing
-127,330
630,269
3,483
873
767
3,447
2,508
1,463
-8,545
-3,732
15,788
399,326
cash and cash equivalents
cash
1,005,712
141,525
-353,935
-463,602
675,973
-61,267
-22,510
-144,526
83,031
199,927
109,766
-66,594
-420,827
302,294
449,705
overdraft
change in cash
1,005,712
141,525
-353,935
-463,602
675,973
-61,267
-22,510
-144,526
83,031
199,927
109,766
-66,594
-420,827
302,294
449,705
hasco-thermic limited 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 hasco-thermic limited. Get real-time insights into hasco-thermic limited's credit score, group structure and payment trends.
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134 birchfield lane, oldbury, warley, west midlands, B69 2AY
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hasco-thermic 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 2 charges/mortgages relating to hasco-thermic limited. Currently there are 0 open charges and 2 have been satisfied in the past.
hasco-thermic limited 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.
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hasco-thermic limitedCompanies House Filings - See Documents
