h.c.m. electrical limited

3.5

h.c.m. electrical limited Company Information

Share H.C.M. ELECTRICAL LIMITED
Live 
MatureSmallDeclining

Company Number

02324980

Registered Address

unit 6, amber trading estate, artic way, nottingham, NG16 2HS

Industry

Electrical installation

 

Telephone

01773570596

Next Accounts Due

September 2024

Group Structure

View All

Directors

John Cooper32 Years

Shareholders

pasture holdings limited 100%

h.c.m. electrical limited Estimated Valuation

£1.5m

Pomanda estimates the enterprise value of H.C.M. ELECTRICAL LIMITED at £1.5m based on a Turnover of £3.7m and 0.4x industry multiple (adjusted for size and gross margin).

h.c.m. electrical limited Estimated Valuation

£0

Pomanda estimates the enterprise value of H.C.M. ELECTRICAL LIMITED at £0 based on an EBITDA of £-108.6k and a 4.57x industry multiple (adjusted for size and gross margin).

h.c.m. electrical limited Estimated Valuation

£2.1m

Pomanda estimates the enterprise value of H.C.M. ELECTRICAL LIMITED at £2.1m based on Net Assets of £626.4k and 3.35x industry multiple (adjusted for liquidity).

Valuation Calculator
This valuation is estimated based on financial data from December 2022 

H.c.m. Electrical Limited AI Business Plan

In just minutes, we combine Pomanda’s company and industry data with cutting edge Artificial Intelligence to build a comprehensive 27 section business plan. You then have 60 days to tailor the information, decide which sections to include or exclude, and add your own branding logos, images and color scheme to create your perfect plan.

View Sample

H.c.m. Electrical Limited Overview

H.c.m. Electrical Limited is a live company located in nottingham, NG16 2HS with a Companies House number of 02324980. It operates in the electrical installation sector, SIC Code 43210. Founded in December 1988, it's largest shareholder is pasture holdings limited with a 100% stake. H.c.m. Electrical Limited is a mature, small sized company, Pomanda has estimated its turnover at £3.7m with declining growth in recent years.

View Sample
View Sample
View Sample

Upgrade for unlimited company reports & a free credit check

H.c.m. Electrical Limited Health Check

Pomanda's financial health check has awarded H.C.M. Electrical Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 6 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating3.5out of 5
positive_score

3 Strong

positive_score

3 Regular

positive_score

6 Weak

size

Size

annual sales of £3.7m, make it larger than the average company (£1.8m)

£3.7m - H.c.m. Electrical Limited

£1.8m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -1%, show it is growing at a slower rate (4.2%)

-1% - H.c.m. Electrical Limited

4.2% - Industry AVG

production

Production

with a gross margin of 23.9%, this company has a comparable cost of product (23.9%)

23.9% - H.c.m. Electrical Limited

23.9% - Industry AVG

profitability

Profitability

an operating margin of -3.1% make it less profitable than the average company (5.5%)

-3.1% - H.c.m. Electrical Limited

5.5% - Industry AVG

employees

Employees

with 15 employees, this is below the industry average (21)

15 - H.c.m. Electrical Limited

21 - Industry AVG

paystructure

Pay Structure

on an average salary of £41.5k, the company has an equivalent pay structure (£41.5k)

£41.5k - H.c.m. Electrical Limited

£41.5k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £246.8k, this is more efficient (£134.6k)

£246.8k - H.c.m. Electrical Limited

£134.6k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 55 days, this is near the average (60 days)

55 days - H.c.m. Electrical Limited

60 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 18 days, this is quicker than average (43 days)

18 days - H.c.m. Electrical Limited

43 days - Industry AVG

stockdays

Stock Days

it holds stock equivalent to 56 days, this is more than average (6 days)

56 days - H.c.m. Electrical Limited

6 days - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 8 weeks, this is less cash available to meet short term requirements (22 weeks)

8 weeks - H.c.m. Electrical Limited

22 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 41.8%, this is a lower level of debt than the average (65.5%)

41.8% - H.c.m. Electrical Limited

65.5% - Industry AVG

h.c.m. electrical 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 h.c.m. electrical limited. Get real-time insights into h.c.m. electrical limited's credit score, group structure and payment trends.

From as little as £6.99

This will not impact your credit rating!

View Credit Report Sample

H.c.m. Electrical Limited Competitor Analysis

BETA
competitor_analysis_table_img

Perform a competitor analysis for h.c.m. electrical limited by selecting its closest rivals and benchmarking them against 12 key performance metrics.

h.c.m. electrical limited Ownership

H.C.M. ELECTRICAL LIMITED group structure

H.C.M. Electrical Limited has no subsidiary companies.

Ultimate parent company

H.C.M. ELECTRICAL LIMITED

02324980

H.C.M. ELECTRICAL LIMITED Shareholders

pasture holdings limited 100%

h.c.m. electrical limited directors

H.C.M. Electrical Limited currently has 1 director, Mr John Cooper serving since Dec 1991.

officercountryagestartendrole
Mr John Cooper66 years Dec 1991- Director

H.C.M. ELECTRICAL LIMITED financials

EXPORTms excel logo

H.C.M. Electrical Limited's latest turnover from December 2022 is estimated at £3.7 million and the company has net assets of £626.4 thousand. According to their latest financial statements, H.C.M. Electrical Limited has 15 employees and maintains cash reserves of £61.5 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Turnover3,702,7204,391,2344,792,2193,783,3893,787,4283,095,4982,630,0964,618,1295,041,6332,245,3463,202,2271,820,9831,934,5060
Other Income Or Grants00000000000000
Cost Of Sales2,818,1553,341,3793,615,7372,861,0602,801,3672,249,4321,882,4933,331,6513,580,8701,614,0072,217,5881,404,7961,496,1580
Gross Profit884,5651,049,8561,176,482922,329986,061846,066747,6031,286,4781,460,763631,339984,638416,187438,3480
Admin Expenses997,829684,245966,258836,087858,599766,476894,0531,335,2681,478,454314,516948,576362,014427,133-68,065
Operating Profit-113,264365,611210,22486,242127,46279,590-146,450-48,790-17,691316,82336,06254,17311,21568,065
Interest Payable7,1638,07810,3238,9859,42611,22312,00610,1757,3177,7428,0922,4412,7044,644
Interest Receivable4,48229272663519169522687438483750016
Pre-Tax Profit-115,944357,825199,97377,920118,55668,536-158,403-58,697-24,265309,93028,34551,7328,51163,436
Tax0-67,987-37,995-14,805-22,526-13,022000-71,284-6,803-12,335-2,569-17,762
Profit After Tax-115,944289,838161,97863,11596,03055,514-158,403-58,697-24,265238,64621,54239,3975,94245,674
Dividends Paid0000000000035,00000
Retained Profit-115,944289,838161,97863,11596,03055,514-158,403-58,697-24,265238,64621,5424,3975,94245,674
Employee Costs622,2881,076,1661,160,2361,068,3711,576,1831,267,8821,257,9632,823,9081,355,142608,295864,198564,128623,6260
Number Of Employees152729263832317034162315170
EBITDA*-108,602368,672213,55789,505131,25984,673-137,617-38,024-5,282331,09249,50271,40434,31994,492

* Earnings Before Interest, Tax, Depreciation and Amortisation

Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Tangible Assets14,13511,23513,62514,54318,58624,883242,872251,424261,778271,450274,489281,469304,275312,726
Intangible Assets00000000000000
Investments & Other000000000151,4190000
Debtors (Due After 1 year)00000000000000
Total Fixed Assets14,13511,23513,62514,54318,58624,883242,872251,424261,778422,869274,489281,469304,275312,726
Stock & work in progress433,558433,558443,558424,692385,136349,845319,387286,599210,44414,60021,20221,51723,33717,500
Trade Debtors558,053791,986756,400450,148353,971268,63468,598293,380740,074321,377493,046203,142280,750374,295
Group Debtors00000000000000
Misc Debtors9,54815,55758,67216,46115,593180,862180,605181,93200015,22036,1260
Cash61,492194,64738,687105,64371,08267,34825941,45865,827231,462107,81842,20930,6026,212
misc current assets00000000000000
total current assets1,062,6511,435,7481,297,317996,944825,782866,689568,849803,3691,016,345567,439622,066282,088370,815398,007
total assets1,076,7861,446,9831,310,9421,011,487844,368891,572811,7211,054,7931,278,123990,308896,555563,557675,090710,733
Bank overdraft16,60616,25956,2405,5635,5845,194105,489121,50010,82410,52400010,468
Bank loan00000000008,5158,5158,5150
Trade Creditors 139,580177,843311,395213,789178,809263,292290,172309,247875,053551,416694,976220,357223,191509,880
Group/Directors Accounts000000108,962000055331,9150
other short term finances00000000000000
hp & lease commitments000000000003,3315,0290
other current liabilities234,073452,800362,602353,205325,969329,857158,505305,377000152,465219,5370
total current liabilities390,259646,902730,237572,557510,362598,343663,128736,124885,877561,940703,491385,221488,187520,348
loans60,16057,770128,232148,435106,626161,87972,75784,43096,333107,465111,697120,259128,485132,429
hp & lease commitments000000000007725,8020
Accruals and Deferred Income00000000000000
other liabilities000000000000011,282
provisions000000002,9773,7022,81229200
total long term liabilities60,16057,770128,232148,435106,626161,87972,75784,43099,310111,167114,509121,323134,287143,711
total liabilities450,419704,672858,469720,992616,988760,222735,885820,554985,187673,107818,000506,544622,474664,059
net assets626,367742,311452,473290,495227,380131,35075,836234,239292,936317,20178,55557,01352,61646,674
total shareholders funds626,367742,311452,473290,495227,380131,35075,836234,239292,936317,20178,55557,01352,61646,674
Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Operating Activities
Operating Profit-113,264365,611210,22486,242127,46279,590-146,450-48,790-17,691316,82336,06254,17311,21568,065
Depreciation4,6623,0613,3333,2633,7975,0838,83310,76612,40914,26913,44017,23123,10426,427
Amortisation00000000000000
Tax0-67,987-37,995-14,805-22,526-13,022000-71,284-6,803-12,335-2,569-17,762
Stock0-10,00018,86639,55635,29130,45832,78876,155195,844-6,602-315-1,8205,83717,500
Debtors-239,942-7,529348,46397,045-79,932200,293-226,109-264,762418,697-171,669274,684-98,514-57,419374,295
Creditors-38,263-133,55297,60634,980-84,483-26,880-19,075-565,806323,637-143,560474,619-2,834-286,689509,880
Accruals and Deferred Income-218,72790,1989,39727,236-3,888171,352-146,872305,37700-152,465-67,072219,5370
Deferred Taxes & Provisions0000000-2,977-7258902,52029200
Cash flow from operations-125,650274,860-84,76431565,003-14,628-110,243-112,823-296,911295,40993,00489,78916,180194,815
Investing Activities
capital expenditure-7,562-671-2,4157802,500212,906-281-412-2,737-11,230-6,4605,575-14,653-339,153
Change in Investments00000000-151,419151,4190000
cash flow from investments-7,562-671-2,4157802,500212,906-281-412148,682-162,649-6,4605,575-14,653-339,153
Financing Activities
Bank loans000000000-8,515008,5150
Group/Directors Accounts00000-108,962108,962000-553-31,36231,9150
Other Short Term Loans 00000000000000
Long term loans2,390-70,462-20,20341,809-55,25389,122-11,673-11,903-11,132-4,232-8,562-8,226-3,944132,429
Hire Purchase and Lease Commitments0000000000-4,103-6,72810,8310
other long term liabilities000000000000-11,28211,282
share issue00000000000001,000
interest-2,681-7,786-10,251-8,322-8,907-11,054-11,954-9,907-6,574-6,894-7,717-2,441-2,704-4,628
cash flow from financing-291-78,248-30,45433,487-64,160-30,89485,335-21,810-17,706-19,641-20,935-48,75733,331140,083
cash and cash equivalents
cash-133,155155,960-66,95634,5613,73467,089-41,199-24,369-165,635123,64465,60911,60724,3906,212
overdraft347-39,98150,677-21390-100,295-16,011110,67630010,52400-10,46810,468
change in cash-133,502195,941-117,63334,5823,344167,384-25,188-135,045-165,935113,12065,60911,60734,858-4,256

P&L

December 2022

turnover

3.7m

-16%

operating profit

-113.3k

0%

gross margin

23.9%

-0.08%

turnover

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

Balance Sheet

December 2022

net assets

626.4k

-0.16%

total assets

1.1m

-0.26%

cash

61.5k

-0.68%

net assets

Total assets minus all liabilities

h.c.m. electrical limited company details

company number

02324980

Type

Private limited with Share Capital

industry

43210 - Electrical installation

incorporation date

December 1988

age

36

accounts

Total Exemption Full

ultimate parent company

None

previous names

surehelp limited (January 1989)

incorporated

UK

address

unit 6, amber trading estate, artic way, nottingham, NG16 2HS

last accounts submitted

December 2022

h.c.m. electrical 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 11 charges/mortgages relating to h.c.m. electrical limited. Currently there are 4 open charges and 7 have been satisfied in the past.

charges

h.c.m. electrical limited Companies House Filings - See Documents

datedescriptionview/download