hybrid laser tech limited

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hybrid laser tech limited Company Information

Share HYBRID LASER TECH LIMITED

Company Number

02176508

Shareholders

shearline precision engineering ltd

Group Structure

View All

Industry

Manufacture of other ceramic products

 

Registered Address

precision house, st. thomas, place, ely, cambridgeshire, CB7 4EX

hybrid laser tech limited Estimated Valuation

£978.1k

Pomanda estimates the enterprise value of HYBRID LASER TECH LIMITED at £978.1k based on a Turnover of £753.4k and 1.3x industry multiple (adjusted for size and gross margin).

hybrid laser tech limited Estimated Valuation

£87.4k

Pomanda estimates the enterprise value of HYBRID LASER TECH LIMITED at £87.4k based on an EBITDA of £21.7k and a 4.03x industry multiple (adjusted for size and gross margin).

hybrid laser tech limited Estimated Valuation

£2.3m

Pomanda estimates the enterprise value of HYBRID LASER TECH LIMITED at £2.3m based on Net Assets of £909.1k and 2.58x industry multiple (adjusted for liquidity).

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Hybrid Laser Tech Limited Overview

Hybrid Laser Tech Limited is a live company located in cambridgeshire, CB7 4EX with a Companies House number of 02176508. It operates in the manufacture of other ceramic products n.e.c. sector, SIC Code 23490. Founded in October 1987, it's largest shareholder is shearline precision engineering ltd with a 100% stake. Hybrid Laser Tech Limited is a mature, small sized company, Pomanda has estimated its turnover at £753.4k with healthy growth in recent years.

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Hybrid Laser Tech Limited Health Check

Pomanda's financial health check has awarded Hybrid Laser Tech Limited a 4 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 5 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating4out of 5
positive_score

4 Strong

positive_score

3 Regular

positive_score

5 Weak

size

Size

annual sales of £753.4k, make it smaller than the average company (£16m)

£753.4k - Hybrid Laser Tech Limited

£16m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 9%, show it is growing at a faster rate (6.7%)

9% - Hybrid Laser Tech Limited

6.7% - Industry AVG

production

Production

with a gross margin of 30.7%, this company has a comparable cost of product (30.7%)

30.7% - Hybrid Laser Tech Limited

30.7% - Industry AVG

profitability

Profitability

an operating margin of -0.2% make it less profitable than the average company (3.5%)

-0.2% - Hybrid Laser Tech Limited

3.5% - Industry AVG

employees

Employees

with 10 employees, this is below the industry average (62)

10 - Hybrid Laser Tech Limited

62 - Industry AVG

paystructure

Pay Structure

on an average salary of £36.9k, the company has an equivalent pay structure (£36.9k)

£36.9k - Hybrid Laser Tech Limited

£36.9k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £75.3k, this is less efficient (£175.8k)

£75.3k - Hybrid Laser Tech Limited

£175.8k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 34 days, this is near the average (40 days)

34 days - Hybrid Laser Tech Limited

40 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 15 days, this is quicker than average (29 days)

15 days - Hybrid Laser Tech Limited

29 days - Industry AVG

stockdays

Stock Days

it holds stock equivalent to 71 days, this is less than average (98 days)

71 days - Hybrid Laser Tech Limited

98 days - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 30 weeks, this is more cash available to meet short term requirements (5 weeks)

30 weeks - Hybrid Laser Tech Limited

5 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 9.5%, this is a lower level of debt than the average (45.5%)

9.5% - Hybrid Laser Tech Limited

45.5% - Industry AVG

HYBRID LASER TECH LIMITED financials

EXPORTms excel logo

Hybrid Laser Tech Limited's latest turnover from December 2023 is estimated at £753.4 thousand and the company has net assets of £909.1 thousand. According to their latest financial statements, Hybrid Laser Tech Limited has 10 employees and maintains cash reserves of £41.8 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Apr 2012Apr 2011Mar 2010
Turnover753,448687,988675,226585,847596,307657,9141,193,8601,249,848918,1801,425,5401,364,4171,028,115674,722576,450829,836
Other Income Or Grants
Cost Of Sales521,867491,858482,734416,212396,508443,232623,780573,086605,3581,021,710933,261708,155476,373388,637546,035
Gross Profit231,580196,130192,492169,635199,798214,681570,080676,762312,822403,830431,157319,961198,349187,813283,800
Admin Expenses233,180168,258192,399176,87298,627147,750341,883340,11247,882468,470-207,07553,041580,569-112,606-466,487
Operating Profit-1,60027,87293-7,237101,17166,931228,197336,650264,940-64,640638,232266,920-382,220300,419750,287
Interest Payable1,8772,818
Interest Receivable2,2831,3109634181258102041942819142213
Pre-Tax Profit68329,183189-7,203101,35267,189226,320333,822264,960-64,221638,660266,939-382,206300,441750,300
Tax-171-5,545-36-19,257-12,766-3,521-6,682-52,992-146,892-64,065-78,115-210,084
Profit After Tax51223,638153-7,20382,09554,423222,799327,140211,968-64,221491,768202,874-382,206222,326540,216
Dividends Paid200,000950,000
Retained Profit51223,638153-7,20382,09554,42322,799-622,860211,968-64,221491,768202,874-382,206222,326540,216
Employee Costs368,659304,693351,439323,873323,383295,689282,447251,127249,618441,150439,103333,181227,582182,810290,223
Number Of Employees1091110101010991717139712
EBITDA*21,67154,77524,46215,472129,21493,672259,082378,786291,292-47,621650,167284,879-361,236324,671778,639

* Earnings Before Interest, Tax, Depreciation and Amortisation

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Apr 2012Apr 2011Mar 2010
Tangible Assets149,106172,377199,280134,638157,347185,390165,131196,019229,198128,220106,934107,573125,532144,766169,017
Intangible Assets
Investments & Other
Debtors (Due After 1 year)950,1521,010,312686,136430,464790,218559,276
Total Fixed Assets149,106172,377199,280134,638157,347185,390165,131196,019229,1981,078,3721,117,246793,709555,996934,984728,293
Stock & work in progress102,323109,485108,81656,36179,184107,776101,90283,42561,87874,04466,60472,60539,39854,57633,845
Trade Debtors71,82091,52799,83792,67698,152116,095122,202196,607178,746266,461210,522128,711111,66898,487161,466
Group Debtors632,835603,681565,763610,895620,810450,921524,251453,7181,251,938
Misc Debtors6,33614,00614,92518,56719,94217,37214,2246,4908,007
Cash41,84445,11729,75746,75922,21726,0237,24042,7946,1221,787165,7745,3572,2723,4175,299
misc current assets
total current assets855,158863,816819,098825,258840,305718,187769,819783,0341,506,691342,292442,900206,673153,338156,480200,610
total assets1,004,2641,036,1931,018,378959,896997,652903,577934,950979,0531,735,8891,420,6641,560,1461,000,382709,3341,091,464928,903
Bank overdraft
Bank loan
Trade Creditors 22,52026,93522,25819,65319,61745,34658,31142,02584,341220,008292,451248,935144,695126,242167,072
Group/Directors Accounts
other short term finances
hp & lease commitments21,45025,74025,7407,80023,40132,304
other current liabilities26,75629,21321,85231,24460,65318,48064,420119,382167,261
total current liabilities70,72681,88869,85050,89780,27063,826130,531184,808283,906220,008292,451248,935144,695126,242167,072
loans
hp & lease commitments21,45047,1907,80331,198
Accruals and Deferred Income
other liabilities11,87120,7734,08020,40036,72053,040
provisions24,42124,25016,37124,18525,36529,82926,12130,94342,42622,39416,3108,5238,26910,32612,941
total long term liabilities24,42145,70063,56124,18525,36529,82926,12138,74673,62434,26537,08312,60328,66947,04665,981
total liabilities95,147127,588133,41175,082105,63593,655156,652223,554357,530254,273329,534261,538173,364173,288233,053
net assets909,117908,605884,967884,814892,017809,922778,298755,4991,378,3591,166,3911,230,612738,844535,970918,176695,850
total shareholders funds909,117908,605884,967884,814892,017809,922778,298755,4991,378,3591,166,3911,230,612738,844535,970918,176695,850
Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Apr 2012Apr 2011Mar 2010
Operating Activities
Operating Profit-1,60027,87293-7,237101,17166,931228,197336,650264,940-64,640638,232266,920-382,220300,419750,287
Depreciation23,27126,90324,36922,70928,04326,74130,88542,13626,35217,01911,93517,95920,98424,25228,352
Amortisation
Tax-171-5,545-36-19,257-12,766-3,521-6,682-52,992-146,892-64,065-78,115-210,084
Stock-7,16266952,455-22,823-28,59224,35118,47721,547-12,1667,440-6,00133,207-15,17820,73133,845
Debtors1,77728,689-41,613-16,766154,516-72,4273,862-781,876222,078-4,221405,987272,715-346,573167,963720,742
Creditors-4,4154,6772,60536-25,7293,32116,286-42,316-135,667-72,44343,516104,24018,453-40,830167,072
Accruals and Deferred Income-2,4577,361-9,392-29,40942,173-100,902-54,962-47,879167,261
Deferred Taxes & Provisions1717,879-7,814-1,180-4,464-1,114-4,822-11,48320,0326,0847,787254-2,057-2,61512,941
Cash flow from operations20,18439,789-1,01724,508-3,98730,287189,7241,030,75580,014-117,199154,59219,38616,91114,417-6,019
Investing Activities
capital expenditure-89,011-16,1123-8,957-127,330-38,305-11,296-1,750-1-197,369
Change in Investments
cash flow from investments-89,011-16,1123-8,957-127,330-38,305-11,296-1,750-1-197,369
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments-25,740-25,74072,930-31,204-23,404-32,29863,502
other long term liabilities-11,871-8,90216,693-16,320-16,320-16,32053,040
share issue155,634
interest2,2831,3109634181258-1,877-2,8082041942819142213
cash flow from financing-23,457-24,43073,02634181-30,946-25,281-35,10651,651-8,48317,121-16,301-16,306-16,298208,687
cash and cash equivalents
cash-3,27315,360-17,00224,542-3,806-16,771-35,55436,6724,335-163,987160,4173,085-1,145-1,8825,299
overdraft
change in cash-3,27315,360-17,00224,542-3,806-16,771-35,55436,6724,335-163,987160,4173,085-1,145-1,8825,299

hybrid laser tech limited Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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Hybrid Laser Tech Limited Competitor Analysis

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Perform a competitor analysis for hybrid laser tech limited by selecting its closest rivals, whether from the MANUFACTURING sector, other small companies, companies in CB7 area or any other competitors across 12 key performance metrics.

hybrid laser tech limited Ownership

HYBRID LASER TECH LIMITED group structure

Hybrid Laser Tech Limited has no subsidiary companies.

Ultimate parent company

2 parents

HYBRID LASER TECH LIMITED

02176508

HYBRID LASER TECH LIMITED Shareholders

shearline precision engineering ltd 100%

hybrid laser tech limited directors

Hybrid Laser Tech Limited currently has 2 directors. The longest serving directors include Mr David Littlechild (Sep 2005) and Mrs Jennie Pinkhart (Apr 2013).

officercountryagestartendrole
Mr David LittlechildUnited Kingdom76 years Sep 2005- Director
Mrs Jennie Pinkhart40 years Apr 2013- Director

P&L

December 2023

turnover

753.4k

+10%

operating profit

-1.6k

0%

gross margin

30.8%

+7.82%

turnover

Turnover, or revenue, is the amount of sales generated by a company within the financial year.

Balance Sheet

December 2023

net assets

909.1k

0%

total assets

1m

-0.03%

cash

41.8k

-0.07%

net assets

Total assets minus all liabilities

hybrid laser tech limited company details

company number

02176508

Type

Private limited with Share Capital

industry

23490 - Manufacture of other ceramic products

incorporation date

October 1987

age

38

incorporated

UK

ultimate parent company

accounts

Small Company

last accounts submitted

December 2023

previous names

qualitystock limited (November 1987)

accountant

WHITING LLP

auditor

-

address

precision house, st. thomas, place, ely, cambridgeshire, CB7 4EX

Bank

LLOYDS TSB BANK PLC

Legal Advisor

-

hybrid laser tech 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 hybrid laser tech limited. Currently there are 5 open charges and 3 have been satisfied in the past.

hybrid laser tech 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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hybrid laser tech limited Companies House Filings - See Documents

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