harada industries (europe) limited Company Information
Company Number
02400282
Next Accounts
Sep 2025
Shareholders
harada industry co. ltd
Group Structure
View All
Industry
Wholesale trade of motor vehicle parts and accessories
Registered Address
2 bell heath way, woodgate business park, clapgate lane, birmingham, B32 3BZ
Website
www.harada.comharada industries (europe) limited Estimated Valuation
Pomanda estimates the enterprise value of HARADA INDUSTRIES (EUROPE) LIMITED at £18.3m based on a Turnover of £48.8m and 0.37x industry multiple (adjusted for size and gross margin).
harada industries (europe) limited Estimated Valuation
Pomanda estimates the enterprise value of HARADA INDUSTRIES (EUROPE) LIMITED at £4.2m based on an EBITDA of £852k and a 4.88x industry multiple (adjusted for size and gross margin).
harada industries (europe) limited Estimated Valuation
Pomanda estimates the enterprise value of HARADA INDUSTRIES (EUROPE) LIMITED at £0 based on Net Assets of £-804.1k and 2.38x industry multiple (adjusted for liquidity).
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Harada Industries (europe) Limited Overview
Harada Industries (europe) Limited is a live company located in clapgate lane, B32 3BZ with a Companies House number of 02400282. It operates in the wholesale trade of motor vehicle parts and accessories sector, SIC Code 45310. Founded in July 1989, it's largest shareholder is harada industry co. ltd with a 100% stake. Harada Industries (europe) Limited is a mature, large sized company, Pomanda has estimated its turnover at £48.8m with healthy growth in recent years.
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Harada Industries (europe) Limited Health Check
Pomanda's financial health check has awarded Harada Industries (Europe) Limited a 4 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


5 Strong

1 Regular

6 Weak

Size
annual sales of £48.8m, make it larger than the average company (£16.8m)
£48.8m - Harada Industries (europe) Limited
£16.8m - Industry AVG

Growth
3 year (CAGR) sales growth of 8%, show it is growing at a similar rate (9.4%)
8% - Harada Industries (europe) Limited
9.4% - Industry AVG

Production
with a gross margin of 7.8%, this company has a higher cost of product (28.5%)
7.8% - Harada Industries (europe) Limited
28.5% - Industry AVG

Profitability
an operating margin of 1.5% make it less profitable than the average company (5.4%)
1.5% - Harada Industries (europe) Limited
5.4% - Industry AVG

Employees
with 29 employees, this is below the industry average (52)
29 - Harada Industries (europe) Limited
52 - Industry AVG

Pay Structure
on an average salary of £50.8k, the company has a higher pay structure (£37.8k)
£50.8k - Harada Industries (europe) Limited
£37.8k - Industry AVG

Efficiency
resulting in sales per employee of £1.7m, this is more efficient (£289.4k)
£1.7m - Harada Industries (europe) Limited
£289.4k - Industry AVG

Debtor Days
it gets paid by customers after 28 days, this is earlier than average (50 days)
28 days - Harada Industries (europe) Limited
50 days - Industry AVG

Creditor Days
its suppliers are paid after 13 days, this is quicker than average (38 days)
13 days - Harada Industries (europe) Limited
38 days - Industry AVG

Stock Days
it holds stock equivalent to 56 days, this is less than average (101 days)
56 days - Harada Industries (europe) Limited
101 days - Industry AVG

Cash Balance
has cash to cover current liabilities for 14 weeks, this is more cash available to meet short term requirements (9 weeks)
14 weeks - Harada Industries (europe) Limited
9 weeks - Industry AVG

Debt Level
it has a ratio of liabilities to total assets of 104%, this is a higher level of debt than the average (50%)
104% - Harada Industries (europe) Limited
50% - Industry AVG
HARADA INDUSTRIES (EUROPE) LIMITED financials

Harada Industries (Europe) Limited's latest turnover from December 2023 is £48.8 million and the company has net assets of -£804.1 thousand. According to their latest financial statements, Harada Industries (Europe) Limited has 29 employees and maintains cash reserves of £5.7 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
Dec 2023 | 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 | 48,837,948 | 43,856,071 | 41,345,311 | 38,827,608 | 40,856,853 | 33,509,846 | 33,927,984 | 30,913,936 | 23,217,361 | 22,316,520 | 20,420,093 | 16,059,819 | 12,909,239 | 9,559,851 | 6,554,455 |
Other Income Or Grants | |||||||||||||||
Cost Of Sales | 45,008,834 | 42,713,560 | 42,630,090 | 36,256,503 | 34,627,617 | 28,089,949 | 29,419,874 | 25,959,078 | 21,457,496 | 20,190,528 | 17,828,230 | 13,531,556 | 10,005,631 | 7,395,320 | 5,139,649 |
Gross Profit | 3,829,114 | 1,142,511 | -1,284,779 | 2,571,105 | 6,229,236 | 5,419,897 | 4,508,110 | 4,954,858 | 1,759,865 | 2,125,992 | 2,591,863 | 2,528,263 | 2,903,608 | 2,164,531 | 1,414,806 |
Admin Expenses | 3,080,775 | 3,526,205 | 2,900,182 | 3,027,640 | 3,279,459 | 2,865,001 | 3,132,598 | 3,857,510 | 2,967,490 | 2,458,469 | 2,447,442 | 2,421,990 | 2,191,551 | 1,950,460 | 2,113,528 |
Operating Profit | 748,339 | -2,383,694 | -4,184,961 | -456,535 | 2,949,777 | 2,554,896 | 1,375,512 | 1,097,348 | -1,207,625 | -332,477 | 144,421 | 106,273 | 712,057 | 214,071 | -698,722 |
Interest Payable | 956,378 | 266,371 | 41,500 | 59,105 | 103,267 | 170,544 | 234,063 | 217,102 | 76,381 | 48,317 | 43,655 | 63,710 | 57,328 | 55,315 | 91,547 |
Interest Receivable | 239,279 | 32,905 | 22 | 5,760 | 58,843 | 46,604 | 16,257 | 34 | 66 | 157 | 113 | 242 | 2,684 | 738 | 2,304 |
Pre-Tax Profit | 31,240 | -2,617,160 | -4,226,439 | -509,880 | 2,905,353 | 2,430,956 | 1,157,706 | 880,280 | -1,283,940 | -380,637 | 100,879 | 42,805 | 657,413 | 159,494 | -787,965 |
Tax | -47,483 | -21,518 | 1,102,024 | 111,763 | -551,277 | 215,324 | 5,702 | -2,771 | -2,932 | 14,512 | |||||
Profit After Tax | -16,243 | -2,638,678 | -3,124,415 | -398,117 | 2,354,076 | 2,646,280 | 1,157,706 | 880,280 | -1,283,940 | -374,935 | 100,879 | 40,034 | 654,481 | 159,494 | -773,453 |
Dividends Paid | |||||||||||||||
Retained Profit | -16,243 | -2,638,678 | -3,124,415 | -398,117 | 2,354,076 | 2,646,280 | 1,157,706 | 880,280 | -1,283,940 | -374,935 | 100,879 | 40,034 | 654,481 | 159,494 | -773,453 |
Employee Costs | 1,473,346 | 1,500,132 | 1,560,355 | 1,571,486 | 1,679,274 | 1,530,186 | 1,368,407 | 1,344,920 | 1,212,922 | 1,123,613 | 1,056,361 | 974,599 | 954,020 | 891,767 | 861,799 |
Number Of Employees | 29 | 31 | 32 | 34 | 35 | 35 | 35 | 34 | 31 | 31 | 31 | 27 | 25 | 25 | 26 |
EBITDA* | 851,979 | -2,255,801 | -4,056,688 | -314,252 | 3,073,695 | 2,685,622 | 1,523,580 | 1,243,557 | -1,106,980 | -257,858 | 226,309 | 178,131 | 776,659 | 285,113 | -580,703 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
Dec 2023 | 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 | 715,886 | 816,056 | 935,187 | 1,038,196 | 1,152,676 | 1,142,865 | 1,269,279 | 1,319,724 | 1,424,815 | 1,141,172 | 1,377,860 | 1,407,899 | 1,436,883 | 1,446,639 | 1,513,311 |
Intangible Assets | |||||||||||||||
Investments & Other | -304,633 | ||||||||||||||
Debtors (Due After 1 year) | 288,819 | 295,981 | 295,143 | 298,305 | 301,464 | 304,633 | 307,792 | 310,953 | 314,115 | 317,278 | |||||
Total Fixed Assets | 1,004,705 | 1,112,037 | 1,230,330 | 1,336,501 | 1,454,140 | 1,142,865 | 1,577,071 | 1,630,677 | 1,738,930 | 1,458,450 | 1,377,860 | 1,407,899 | 1,436,883 | 1,446,639 | 1,513,311 |
Stock & work in progress | 6,911,172 | 15,736,715 | 10,178,190 | 8,067,668 | 9,710,524 | 8,867,421 | 7,312,733 | 7,604,265 | 7,215,553 | 6,135,052 | 4,878,508 | 6,008,870 | 3,407,324 | 2,813,886 | 1,794,441 |
Trade Debtors | 3,762,780 | 4,894,730 | 3,583,881 | 5,494,551 | 3,704,160 | 3,483,164 | 3,387,951 | 4,065,035 | 2,857,982 | 2,957,248 | 2,539,367 | 1,644,636 | 1,969,354 | 1,419,235 | 948,974 |
Group Debtors | 967,374 | 869,538 | 892,299 | 1,205,628 | 1,015,790 | 1,486,529 | 463,631 | 821,132 | 231,313 | 257,662 | 329,646 | 636,800 | 203,123 | 204,092 | 135,318 |
Misc Debtors | 1,776,778 | 2,003,197 | 2,010,610 | 980,823 | 981,775 | 892,414 | 906,864 | 586,065 | 492,025 | 517,783 | 407,117 | 399,644 | 316,999 | 326,580 | 161,652 |
Cash | 5,654,513 | 3,791,960 | 1,550,520 | 3,849,722 | 5,826,901 | 4,930,074 | 5,717,604 | 2,916,482 | 768,892 | 1,672,128 | 1,890,969 | 1,607,915 | 1,437,304 | 1,496,671 | 1,973,519 |
misc current assets | 112,407 | 112,968 | |||||||||||||
total current assets | 19,072,617 | 27,296,140 | 18,327,907 | 19,711,360 | 21,239,150 | 19,964,235 | 17,788,783 | 15,992,979 | 11,565,765 | 11,539,873 | 10,045,607 | 10,297,865 | 7,334,104 | 6,260,464 | 5,013,904 |
total assets | 20,077,322 | 28,408,177 | 19,558,237 | 21,047,861 | 22,693,290 | 21,107,100 | 19,365,854 | 17,623,656 | 13,304,695 | 12,998,323 | 11,423,467 | 11,705,764 | 8,770,987 | 7,707,103 | 6,527,215 |
Bank overdraft | |||||||||||||||
Bank loan | |||||||||||||||
Trade Creditors | 1,721,006 | 1,901,707 | 2,147,923 | 2,858,572 | 1,756,297 | 2,373,248 | 1,576,368 | 1,427,143 | 596,212 | 561,676 | 656,319 | 431,666 | 761,202 | 371,427 | 273,561 |
Group/Directors Accounts | 18,796,615 | 26,754,744 | 14,659,556 | 12,642,625 | 12,453,953 | 14,565,952 | 13,948,450 | 11,469,545 | 10,006,941 | 7,955,664 | 8,537,757 | 5,384,489 | 5,384,094 | 4,515,020 | |
other short term finances | |||||||||||||||
hp & lease commitments | |||||||||||||||
other current liabilities | 363,789 | 539,571 | 899,925 | 571,416 | 609,674 | 381,905 | 350,524 | 532,759 | 403,914 | 310,742 | 317,585 | 343,321 | 272,310 | 253,077 | 199,623 |
total current liabilities | 20,881,410 | 29,196,022 | 17,707,404 | 16,072,613 | 14,819,924 | 15,587,810 | 16,492,844 | 15,908,352 | 12,469,671 | 10,879,359 | 8,929,568 | 9,312,744 | 6,418,001 | 6,008,598 | 4,988,204 |
loans | |||||||||||||||
hp & lease commitments | |||||||||||||||
Accruals and Deferred Income | |||||||||||||||
other liabilities | |||||||||||||||
provisions | |||||||||||||||
total long term liabilities | |||||||||||||||
total liabilities | 20,881,410 | 29,196,022 | 17,707,404 | 16,072,613 | 14,819,924 | 15,587,810 | 16,492,844 | 15,908,352 | 12,469,671 | 10,879,359 | 8,929,568 | 9,312,744 | 6,418,001 | 6,008,598 | 4,988,204 |
net assets | -804,088 | -787,845 | 1,850,833 | 4,975,248 | 7,873,366 | 5,519,290 | 2,873,010 | 1,715,304 | 835,024 | 2,118,964 | 2,493,899 | 2,393,020 | 2,352,986 | 1,698,505 | 1,539,011 |
total shareholders funds | -804,088 | -787,845 | 1,850,833 | 4,975,248 | 7,873,366 | 5,519,290 | 2,873,010 | 1,715,304 | 835,024 | 2,118,964 | 2,493,899 | 2,393,020 | 2,352,986 | 1,698,505 | 1,539,011 |
Dec 2023 | 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 | 748,339 | -2,383,694 | -4,184,961 | -456,535 | 2,949,777 | 2,554,896 | 1,375,512 | 1,097,348 | -1,207,625 | -332,477 | 144,421 | 106,273 | 712,057 | 214,071 | -698,722 |
Depreciation | 103,640 | 127,893 | 128,273 | 142,283 | 123,918 | 130,726 | 148,068 | 146,209 | 100,645 | 74,619 | 81,888 | 71,858 | 64,602 | 71,042 | 118,019 |
Amortisation | |||||||||||||||
Tax | -47,483 | -21,518 | 1,102,024 | 111,763 | -551,277 | 215,324 | 5,702 | -2,771 | -2,932 | 14,512 | |||||
Stock | -8,825,543 | 5,558,525 | 2,110,522 | -1,642,856 | 843,103 | 1,554,688 | -291,532 | 388,712 | 1,080,501 | 1,256,544 | -1,130,362 | 2,601,546 | 593,438 | 1,019,445 | 1,794,441 |
Debtors | -1,267,695 | 1,281,513 | -1,197,374 | 1,976,118 | -163,551 | 1,100,502 | -716,947 | 1,887,750 | -154,536 | 773,841 | 595,050 | 191,604 | 539,569 | 703,963 | 1,245,944 |
Creditors | -180,701 | -246,216 | -710,649 | 1,102,275 | -616,951 | 796,880 | 149,225 | 830,931 | 34,536 | -94,643 | 224,653 | -329,536 | 389,775 | 97,866 | 273,561 |
Accruals and Deferred Income | -175,782 | -360,354 | 328,509 | -38,258 | 227,769 | 31,381 | -182,235 | 128,845 | 93,172 | -6,843 | -25,736 | 71,011 | 19,233 | 53,454 | 199,623 |
Deferred Taxes & Provisions | |||||||||||||||
Cash flow from operations | 10,541,251 | -9,723,927 | -4,249,952 | 528,266 | 1,453,684 | 1,074,017 | 2,499,049 | -73,129 | -1,905,237 | -2,384,027 | 960,538 | -2,876,315 | 49,728 | -1,286,975 | -3,133,392 |
Investing Activities | |||||||||||||||
capital expenditure | |||||||||||||||
Change in Investments | 304,633 | -304,633 | |||||||||||||
cash flow from investments | |||||||||||||||
Financing Activities | |||||||||||||||
Bank loans | |||||||||||||||
Group/Directors Accounts | -7,958,129 | 12,095,188 | 2,016,931 | 188,672 | 12,453,953 | -14,565,952 | 617,502 | 2,478,905 | 1,462,604 | 2,051,277 | -582,093 | 3,153,268 | 395 | 869,074 | 4,515,020 |
Other Short Term Loans | |||||||||||||||
Long term loans | |||||||||||||||
Hire Purchase and Lease Commitments | |||||||||||||||
other long term liabilities | |||||||||||||||
share issue | |||||||||||||||
interest | -717,099 | -233,466 | -41,478 | -53,345 | -44,424 | -123,940 | -217,806 | -217,068 | -76,315 | -48,160 | -43,542 | -63,468 | -54,644 | -54,577 | -89,243 |
cash flow from financing | -8,675,228 | 11,861,722 | 1,975,453 | -2,364,674 | 12,409,529 | -14,689,892 | 399,696 | 2,261,837 | 1,386,289 | 2,003,117 | -625,635 | 3,089,800 | -54,249 | 814,497 | 6,738,241 |
cash and cash equivalents | |||||||||||||||
cash | 1,862,553 | 2,241,440 | -2,299,202 | -1,977,179 | 896,827 | -787,530 | 2,801,122 | 2,147,590 | -903,236 | -218,841 | 283,054 | 170,611 | -59,367 | -476,848 | 1,973,519 |
overdraft | |||||||||||||||
change in cash | 1,862,553 | 2,241,440 | -2,299,202 | -1,977,179 | 896,827 | -787,530 | 2,801,122 | 2,147,590 | -903,236 | -218,841 | 283,054 | 170,611 | -59,367 | -476,848 | 1,973,519 |
harada industries (europe) limited Credit Report and Business Information
Harada Industries (europe) Limited Competitor Analysis

Perform a competitor analysis for harada industries (europe) limited by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other large companies, companies in B32 area or any other competitors across 12 key performance metrics.
harada industries (europe) limited Ownership
HARADA INDUSTRIES (EUROPE) LIMITED group structure
Harada Industries (Europe) Limited has no subsidiary companies.
Ultimate parent company
HARADA INDUSTRY CO. LTD
#0076555
1 parent
HARADA INDUSTRIES (EUROPE) LIMITED
02400282
harada industries (europe) limited directors
Harada Industries (Europe) Limited currently has 4 directors. The longest serving directors include Mr Shoji Harada (Jul 2005) and Mr Yasuharu Miyake (Jul 2019).
officer | country | age | start | end | role |
---|---|---|---|---|---|
Mr Shoji Harada | 71 years | Jul 2005 | - | Director | |
Mr Yasuharu Miyake | 64 years | Jul 2019 | - | Director | |
Mr Satoru Kamiyama | United Kingdom | 67 years | Nov 2022 | - | Director |
Mr Koji Morimoto | United Kingdom | 54 years | Dec 2022 | - | Director |
P&L
December 2023turnover
48.8m
+11%
operating profit
748.3k
-131%
gross margin
7.9%
+200.96%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
-804.1k
+0.02%
total assets
20.1m
-0.29%
cash
5.7m
+0.49%
net assets
Total assets minus all liabilities
harada industries (europe) limited company details
company number
02400282
Type
Private limited with Share Capital
industry
45310 - Wholesale trade of motor vehicle parts and accessories
incorporation date
July 1989
age
36
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
December 2023
previous names
harada industries company limited (September 1989)
harada industry (europe) limited (August 1989)
accountant
-
auditor
ERNST & YOUNG LLP
address
2 bell heath way, woodgate business park, clapgate lane, birmingham, B32 3BZ
Bank
MIZUHO CORPORATE BANK LTD
Legal Advisor
GEORGE GREEN LLP
harada industries (europe) 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 1 charges/mortgages relating to harada industries (europe) limited. Currently there are 0 open charges and 1 have been satisfied in the past.
harada industries (europe) 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.
Click to start generating capital raising & share issue transactions for HARADA INDUSTRIES (EUROPE) LIMITED. This can take several minutes, an email will notify you when this has completed.
harada industries (europe) limited Companies House Filings - See Documents
date | description | view/download |
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