h.c.m. electrical limited Company Information
Company Number
02324980
Website
www.hcm-electrical.co.ukRegistered 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
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
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
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).
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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.
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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
3 Strong
3 Regular
6 Weak
Size
annual sales of £3.7m, make it larger than the average company (£1.8m)
- H.c.m. Electrical Limited
£1.8m - Industry AVG
Growth
3 year (CAGR) sales growth of -1%, show it is growing at a slower rate (4.2%)
- H.c.m. Electrical Limited
4.2% - Industry AVG
Production
with a gross margin of 23.9%, this company has a comparable cost of product (23.9%)
- H.c.m. Electrical Limited
23.9% - Industry AVG
Profitability
an operating margin of -3.1% make it less profitable than the average company (5.5%)
- H.c.m. Electrical Limited
5.5% - Industry AVG
Employees
with 15 employees, this is below the industry average (21)
15 - H.c.m. Electrical Limited
21 - Industry AVG
Pay Structure
on an average salary of £41.5k, the company has an equivalent pay structure (£41.5k)
- H.c.m. Electrical Limited
£41.5k - Industry AVG
Efficiency
resulting in sales per employee of £246.8k, this is more efficient (£134.6k)
- H.c.m. Electrical Limited
£134.6k - Industry AVG
Debtor Days
it gets paid by customers after 55 days, this is near the average (60 days)
- H.c.m. Electrical Limited
60 days - Industry AVG
Creditor Days
its suppliers are paid after 18 days, this is quicker than average (43 days)
- H.c.m. Electrical Limited
43 days - Industry AVG
Stock Days
it holds stock equivalent to 56 days, this is more than average (6 days)
- H.c.m. Electrical Limited
6 days - Industry AVG
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
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
H.c.m. Electrical Limited Competitor Analysis
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 directors
H.C.M. Electrical Limited currently has 1 director, Mr John Cooper serving since Dec 1991.
officer | country | age | start | end | role |
---|---|---|---|---|---|
Mr John Cooper | 66 years | Dec 1991 | - | Director |
H.C.M. ELECTRICAL LIMITED financials
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 House, Pomanda Estimates
Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Turnover | 1,820,983 | 1,934,506 | ||||||||||||
Other Income Or Grants | 0 | 0 | ||||||||||||
Cost Of Sales | 1,404,796 | 1,496,158 | ||||||||||||
Gross Profit | 416,187 | 438,348 | ||||||||||||
Admin Expenses | 362,014 | 427,133 | ||||||||||||
Operating Profit | 54,173 | 11,215 | ||||||||||||
Interest Payable | 2,441 | 2,704 | ||||||||||||
Interest Receivable | 0 | 0 | ||||||||||||
Pre-Tax Profit | 51,732 | 8,511 | ||||||||||||
Tax | -12,335 | -2,569 | ||||||||||||
Profit After Tax | 39,397 | 5,942 | ||||||||||||
Dividends Paid | 35,000 | 0 | ||||||||||||
Retained Profit | 4,397 | 5,942 | ||||||||||||
Employee Costs | ||||||||||||||
Number Of Employees | 15 | 27 | 29 | 26 | 38 | 32 | 31 | 70 | ||||||
EBITDA* | 71,404 | 34,319 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Tangible Assets | 14,135 | 11,235 | 13,625 | 14,543 | 18,586 | 24,883 | 242,872 | 251,424 | 261,778 | 271,450 | 274,489 | 281,469 | 304,275 | 312,726 |
Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 151,419 | 0 | 0 | 0 | 0 |
Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Total Fixed Assets | 14,135 | 11,235 | 13,625 | 14,543 | 18,586 | 24,883 | 242,872 | 251,424 | 261,778 | 422,869 | 274,489 | 281,469 | 304,275 | 312,726 |
Stock & work in progress | 433,558 | 433,558 | 443,558 | 424,692 | 385,136 | 349,845 | 319,387 | 286,599 | 210,444 | 14,600 | 21,202 | 21,517 | 23,337 | 17,500 |
Trade Debtors | 558,053 | 791,986 | 756,400 | 450,148 | 353,971 | 268,634 | 68,598 | 293,380 | 740,074 | 321,377 | 493,046 | 203,142 | 280,750 | 374,295 |
Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Misc Debtors | 9,548 | 15,557 | 58,672 | 16,461 | 15,593 | 180,862 | 180,605 | 181,932 | 0 | 0 | 0 | 15,220 | 36,126 | 0 |
Cash | 61,492 | 194,647 | 38,687 | 105,643 | 71,082 | 67,348 | 259 | 41,458 | 65,827 | 231,462 | 107,818 | 42,209 | 30,602 | 6,212 |
misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total current assets | 1,062,651 | 1,435,748 | 1,297,317 | 996,944 | 825,782 | 866,689 | 568,849 | 803,369 | 1,016,345 | 567,439 | 622,066 | 282,088 | 370,815 | 398,007 |
total assets | 1,076,786 | 1,446,983 | 1,310,942 | 1,011,487 | 844,368 | 891,572 | 811,721 | 1,054,793 | 1,278,123 | 990,308 | 896,555 | 563,557 | 675,090 | 710,733 |
Bank overdraft | 16,606 | 16,259 | 56,240 | 5,563 | 5,584 | 5,194 | 105,489 | 121,500 | 10,824 | 10,524 | 0 | 0 | 0 | 10,468 |
Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 8,515 | 8,515 | 8,515 | 0 |
Trade Creditors | 139,580 | 177,843 | 311,395 | 213,789 | 178,809 | 263,292 | 290,172 | 309,247 | 875,053 | 551,416 | 694,976 | 220,357 | 223,191 | 509,880 |
Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 108,962 | 0 | 0 | 0 | 0 | 553 | 31,915 | 0 |
other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 3,331 | 5,029 | 0 |
other current liabilities | 234,073 | 452,800 | 362,602 | 353,205 | 325,969 | 329,857 | 158,505 | 305,377 | 0 | 0 | 0 | 152,465 | 219,537 | 0 |
total current liabilities | 390,259 | 646,902 | 730,237 | 572,557 | 510,362 | 598,343 | 663,128 | 736,124 | 885,877 | 561,940 | 703,491 | 385,221 | 488,187 | 520,348 |
loans | 60,160 | 57,770 | 128,232 | 148,435 | 106,626 | 161,879 | 72,757 | 84,430 | 96,333 | 107,465 | 111,697 | 120,259 | 128,485 | 132,429 |
hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 772 | 5,802 | 0 |
Accruals and Deferred Income | 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 | 11,282 |
provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 2,977 | 3,702 | 2,812 | 292 | 0 | 0 |
total long term liabilities | 60,160 | 57,770 | 128,232 | 148,435 | 106,626 | 161,879 | 72,757 | 84,430 | 99,310 | 111,167 | 114,509 | 121,323 | 134,287 | 143,711 |
total liabilities | 450,419 | 704,672 | 858,469 | 720,992 | 616,988 | 760,222 | 735,885 | 820,554 | 985,187 | 673,107 | 818,000 | 506,544 | 622,474 | 664,059 |
net assets | 626,367 | 742,311 | 452,473 | 290,495 | 227,380 | 131,350 | 75,836 | 234,239 | 292,936 | 317,201 | 78,555 | 57,013 | 52,616 | 46,674 |
total shareholders funds | 626,367 | 742,311 | 452,473 | 290,495 | 227,380 | 131,350 | 75,836 | 234,239 | 292,936 | 317,201 | 78,555 | 57,013 | 52,616 | 46,674 |
Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Operating Activities | ||||||||||||||
Operating Profit | 54,173 | 11,215 | ||||||||||||
Depreciation | 4,662 | 3,061 | 3,333 | 3,263 | 3,797 | 5,083 | 8,833 | 10,766 | 12,409 | 14,269 | 13,440 | 17,231 | 23,104 | 26,427 |
Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Tax | -12,335 | -2,569 | ||||||||||||
Stock | 0 | -10,000 | 18,866 | 39,556 | 35,291 | 30,458 | 32,788 | 76,155 | 195,844 | -6,602 | -315 | -1,820 | 5,837 | 17,500 |
Debtors | -239,942 | -7,529 | 348,463 | 97,045 | -79,932 | 200,293 | -226,109 | -264,762 | 418,697 | -171,669 | 274,684 | -98,514 | -57,419 | 374,295 |
Creditors | -38,263 | -133,552 | 97,606 | 34,980 | -84,483 | -26,880 | -19,075 | -565,806 | 323,637 | -143,560 | 474,619 | -2,834 | -286,689 | 509,880 |
Accruals and Deferred Income | -218,727 | 90,198 | 9,397 | 27,236 | -3,888 | 171,352 | -146,872 | 305,377 | 0 | 0 | -152,465 | -67,072 | 219,537 | 0 |
Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -2,977 | -725 | 890 | 2,520 | 292 | 0 | 0 |
Cash flow from operations | 89,789 | 16,180 | ||||||||||||
Investing Activities | ||||||||||||||
capital expenditure | ||||||||||||||
Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -151,419 | 151,419 | 0 | 0 | 0 | 0 |
cash flow from investments | ||||||||||||||
Financing Activities | ||||||||||||||
Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -8,515 | 0 | 0 | 8,515 | 0 |
Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | -108,962 | 108,962 | 0 | 0 | 0 | -553 | -31,362 | 31,915 | 0 |
Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Long term loans | 2,390 | -70,462 | -20,203 | 41,809 | -55,253 | 89,122 | -11,673 | -11,903 | -11,132 | -4,232 | -8,562 | -8,226 | -3,944 | 132,429 |
Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -4,103 | -6,728 | 10,831 | 0 |
other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -11,282 | 11,282 |
share issue | ||||||||||||||
interest | -2,441 | -2,704 | ||||||||||||
cash flow from financing | -48,757 | 33,331 | ||||||||||||
cash and cash equivalents | ||||||||||||||
cash | -133,155 | 155,960 | -66,956 | 34,561 | 3,734 | 67,089 | -41,199 | -24,369 | -165,635 | 123,644 | 65,609 | 11,607 | 24,390 | 6,212 |
overdraft | 347 | -39,981 | 50,677 | -21 | 390 | -100,295 | -16,011 | 110,676 | 300 | 10,524 | 0 | 0 | -10,468 | 10,468 |
change in cash | -133,502 | 195,941 | -117,633 | 34,582 | 3,344 | 167,384 | -25,188 | -135,045 | -165,935 | 113,120 | 65,609 | 11,607 | 34,858 | -4,256 |
P&L
December 2022turnover
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 2022net 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
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.
h.c.m. electrical limited Companies House Filings - See Documents
date | description | view/download |
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