hydrotechnik uk test engineering limited Company Information
Company Number
02551583
Website
www.hydrotechnik.co.ukRegistered Address
1 central park, lenton lane, nottingham, NG7 2NR
Industry
Wholesale of other intermediate products
Telephone
01159003550
Next Accounts Due
September 2025
Group Structure
View All
Shareholders
john richard price 99.7%
adelaide price 0.1%
View Allhydrotechnik uk test engineering limited Estimated Valuation
Pomanda estimates the enterprise value of HYDROTECHNIK UK TEST ENGINEERING LIMITED at £4m based on a Turnover of £8.6m and 0.46x industry multiple (adjusted for size and gross margin).
hydrotechnik uk test engineering limited Estimated Valuation
Pomanda estimates the enterprise value of HYDROTECHNIK UK TEST ENGINEERING LIMITED at £1.2m based on an EBITDA of £295.9k and a 4.01x industry multiple (adjusted for size and gross margin).
hydrotechnik uk test engineering limited Estimated Valuation
Pomanda estimates the enterprise value of HYDROTECHNIK UK TEST ENGINEERING LIMITED at £2.9m based on Net Assets of £1.7m and 1.75x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Hydrotechnik Uk Test Engineering Limited Overview
Hydrotechnik Uk Test Engineering Limited is a live company located in nottingham, NG7 2NR with a Companies House number of 02551583. It operates in the wholesale of other intermediate products sector, SIC Code 46760. Founded in October 1990, it's largest shareholder is john richard price with a 99.7% stake. Hydrotechnik Uk Test Engineering Limited is a mature, mid sized company, Pomanda has estimated its turnover at £8.6m with high growth in recent years.
Upgrade for unlimited company reports & a free credit check
Hydrotechnik Uk Test Engineering Limited Health Check
Pomanda's financial health check has awarded Hydrotechnik Uk Test Engineering Limited a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 3 areas for improvement. Company Health Check FAQs
![Health Check Image](/assets/images/big_heart.png)
![positive_score](/assets/images/scoreRate2.png)
5 Strong
![positive_score](/assets/images/scoreRate1.png)
4 Regular
![positive_score](/assets/images/scoreRate0.png)
3 Weak
![size](/assets/images/scoreRate0.png)
Size
annual sales of £8.6m, make it smaller than the average company (£17.7m)
- Hydrotechnik Uk Test Engineering Limited
£17.7m - Industry AVG
![growth](/assets/images/scoreRate2.png)
Growth
3 year (CAGR) sales growth of 19%, show it is growing at a faster rate (7.1%)
- Hydrotechnik Uk Test Engineering Limited
7.1% - Industry AVG
![production](/assets/images/scoreRate1.png)
Production
with a gross margin of 25.2%, this company has a comparable cost of product (25.2%)
- Hydrotechnik Uk Test Engineering Limited
25.2% - Industry AVG
![profitability](/assets/images/scoreRate0.png)
Profitability
an operating margin of 1.9% make it less profitable than the average company (6.2%)
- Hydrotechnik Uk Test Engineering Limited
6.2% - Industry AVG
![employees](/assets/images/scoreRate2.png)
Employees
with 38 employees, this is above the industry average (31)
38 - Hydrotechnik Uk Test Engineering Limited
31 - Industry AVG
![paystructure](/assets/images/scoreRate1.png)
Pay Structure
on an average salary of £46.8k, the company has an equivalent pay structure (£46.8k)
- Hydrotechnik Uk Test Engineering Limited
£46.8k - Industry AVG
![efficiency](/assets/images/scoreRate0.png)
Efficiency
resulting in sales per employee of £227.1k, this is less efficient (£429.1k)
- Hydrotechnik Uk Test Engineering Limited
£429.1k - Industry AVG
![debtordays](/assets/images/scoreRate2.png)
Debtor Days
it gets paid by customers after 34 days, this is earlier than average (54 days)
- Hydrotechnik Uk Test Engineering Limited
54 days - Industry AVG
![creditordays](/assets/images/scoreRate2.png)
Creditor Days
its suppliers are paid after 53 days, this is slower than average (26 days)
- Hydrotechnik Uk Test Engineering Limited
26 days - Industry AVG
![stockdays](/assets/images/scoreRate1.png)
Stock Days
it holds stock equivalent to 74 days, this is in line with average (74 days)
- Hydrotechnik Uk Test Engineering Limited
74 days - Industry AVG
![cashbalance](/assets/images/scoreRate2.png)
Cash Balance
has cash to cover current liabilities for 22 weeks, this is more cash available to meet short term requirements (15 weeks)
22 weeks - Hydrotechnik Uk Test Engineering Limited
15 weeks - Industry AVG
![debtlevel](/assets/images/scoreRate1.png)
Debt Level
it has a ratio of liabilities to total assets of 51.9%, this is a similar level of debt than the average (48.1%)
51.9% - Hydrotechnik Uk Test Engineering Limited
48.1% - Industry AVG
HYDROTECHNIK UK TEST ENGINEERING LIMITED financials
![ms excel logo](/assets/images/ms_excel_logo.png)
Hydrotechnik Uk Test Engineering Limited's latest turnover from December 2023 is estimated at £8.6 million and the company has net assets of £1.7 million. According to their latest financial statements, Hydrotechnik Uk Test Engineering Limited has 38 employees and maintains cash reserves of £642.2 thousand 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 | |||||||||||||||
Other Income Or Grants | |||||||||||||||
Cost Of Sales | |||||||||||||||
Gross Profit | |||||||||||||||
Admin Expenses | |||||||||||||||
Operating Profit | |||||||||||||||
Interest Payable | |||||||||||||||
Interest Receivable | |||||||||||||||
Pre-Tax Profit | |||||||||||||||
Tax | |||||||||||||||
Profit After Tax | |||||||||||||||
Dividends Paid | |||||||||||||||
Retained Profit | |||||||||||||||
Employee Costs | |||||||||||||||
Number Of Employees | 38 | 34 | 29 | 28 | 29 | 31 | 24 | 24 | |||||||
EBITDA* |
* 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 | 430,873 | 287,276 | 213,562 | 153,590 | 172,592 | 195,212 | 254,380 | 258,702 | 167,599 | 110,997 | 35,935 | 49,771 | 33,286 | 63,040 | 72,772 |
Intangible Assets | 7,131 | 11,206 | 15,281 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Investments & Other | 0 | 0 | 70,423 | 70,423 | 70,423 | 70,423 | 220,000 | 150,000 | 150,000 | 0 | 0 | 0 | 0 | 0 | 0 |
Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Total Fixed Assets | 438,004 | 298,482 | 299,266 | 224,013 | 243,015 | 265,635 | 474,380 | 408,702 | 317,599 | 110,997 | 35,935 | 49,771 | 33,286 | 63,040 | 72,772 |
Stock & work in progress | 1,324,470 | 958,084 | 679,218 | 590,506 | 650,780 | 453,599 | 471,667 | 434,065 | 357,654 | 337,067 | 291,033 | 263,392 | 253,348 | 355,315 | 286,393 |
Trade Debtors | 805,318 | 801,919 | 687,015 | 493,552 | 364,570 | 459,470 | 676,861 | 586,740 | 663,794 | 723,615 | 728,541 | 641,901 | 504,078 | 367,834 | 464,609 |
Group Debtors | 0 | 0 | 0 | 0 | 84,475 | 84,475 | 84,475 | 84,475 | 84,475 | 0 | 0 | 0 | 0 | 0 | 0 |
Misc Debtors | 234,909 | 501,045 | 309,520 | 209,205 | 34,777 | 75,907 | 123,959 | 159,589 | 34,256 | 0 | 0 | 0 | 0 | 0 | 0 |
Cash | 642,211 | 574,791 | 402,671 | 588,010 | 209,163 | 146,261 | 146,649 | 186,978 | 241,692 | 101,916 | 114,976 | 66,647 | 12,618 | 116,272 | 98,671 |
misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 2 | 2 |
total current assets | 3,006,908 | 2,835,839 | 2,078,424 | 1,881,273 | 1,343,765 | 1,219,712 | 1,503,611 | 1,451,847 | 1,381,871 | 1,162,598 | 1,134,550 | 971,940 | 770,044 | 839,423 | 849,675 |
total assets | 3,444,912 | 3,134,321 | 2,377,690 | 2,105,286 | 1,586,780 | 1,485,347 | 1,977,991 | 1,860,549 | 1,699,470 | 1,273,595 | 1,170,485 | 1,021,711 | 803,330 | 902,463 | 922,447 |
Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 228,783 | 181,081 | 107,745 | 0 | 0 | 0 | 0 | 0 | 0 |
Bank loan | 50,000 | 50,000 | 50,000 | 52,786 | 28,879 | 35,510 | 150,500 | 37,500 | 39,629 | 0 | 0 | 0 | 0 | 0 | 0 |
Trade Creditors | 947,872 | 903,923 | 640,809 | 584,622 | 442,921 | 478,730 | 590,689 | 482,119 | 484,287 | 738,926 | 766,048 | 698,189 | 591,383 | 781,197 | 638,288 |
Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
hp & lease commitments | 25,706 | 41,275 | 18,879 | 24,675 | 20,231 | 29,577 | 36,464 | 38,355 | 27,713 | 0 | 0 | 0 | 0 | 0 | 0 |
other current liabilities | 489,554 | 388,438 | 307,102 | 338,567 | 279,358 | 221,925 | 219,328 | 300,996 | 356,559 | 0 | 0 | 0 | 0 | 0 | 0 |
total current liabilities | 1,513,132 | 1,383,636 | 1,016,790 | 1,000,650 | 771,389 | 765,742 | 1,225,764 | 1,040,051 | 1,015,933 | 738,926 | 766,048 | 698,189 | 591,383 | 781,197 | 638,288 |
loans | 66,667 | 116,667 | 166,667 | 285,300 | 68,624 | 96,678 | 9,205 | 47,373 | 81,250 | 0 | 0 | 0 | 0 | 0 | 0 |
hp & lease commitments | 123,383 | 70,684 | 56,968 | 52,407 | 57,710 | 52,254 | 81,832 | 97,935 | 58,225 | 0 | 0 | 0 | 0 | 0 | 0 |
Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other liabilities | 0 | 0 | 0 | 2,000 | 0 | 0 | 0 | 0 | 0 | 43,692 | 17,043 | 24,609 | 19,444 | 0 | 0 |
provisions | 83,835 | 42,037 | 27,713 | 13,338 | 15,352 | 21,403 | 29,523 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total long term liabilities | 273,885 | 229,388 | 251,348 | 353,045 | 141,686 | 170,335 | 120,560 | 145,308 | 139,475 | 43,692 | 17,043 | 24,609 | 19,444 | 0 | 0 |
total liabilities | 1,787,017 | 1,613,024 | 1,268,138 | 1,353,695 | 913,075 | 936,077 | 1,346,324 | 1,185,359 | 1,155,408 | 782,618 | 783,091 | 722,798 | 610,827 | 781,197 | 638,288 |
net assets | 1,657,895 | 1,521,297 | 1,109,552 | 751,591 | 673,705 | 549,270 | 631,667 | 675,190 | 544,062 | 490,977 | 387,394 | 298,913 | 192,503 | 121,266 | 284,159 |
total shareholders funds | 1,657,895 | 1,521,297 | 1,109,552 | 751,591 | 673,705 | 549,270 | 631,667 | 675,190 | 544,062 | 490,977 | 387,394 | 298,913 | 192,503 | 121,266 | 284,159 |
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 | |||||||||||||||
Depreciation | 124,539 | 90,849 | 64,347 | 66,219 | 80,844 | 83,677 | 74,162 | 45,621 | 28,126 | 20,743 | 20,285 | 21,589 | 22,791 | 3,837 | 31,475 |
Amortisation | 4,075 | 4,075 | 15,281 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Tax | |||||||||||||||
Stock | 366,386 | 278,866 | 88,712 | -60,274 | 197,181 | -18,068 | 37,602 | 76,411 | 20,587 | 46,034 | 27,641 | 10,044 | -101,967 | 68,922 | 286,393 |
Debtors | -262,737 | 306,429 | 293,778 | 218,935 | -136,030 | -265,443 | 54,491 | 48,279 | 58,910 | -4,926 | 86,640 | 137,823 | 136,244 | -96,775 | 464,609 |
Creditors | 43,949 | 263,114 | 56,187 | 141,701 | -35,809 | -111,959 | 108,570 | -2,168 | -254,639 | -27,122 | 67,859 | 106,806 | -189,814 | 142,909 | 638,288 |
Accruals and Deferred Income | 101,116 | 81,336 | -31,465 | 59,209 | 57,433 | 2,597 | -81,668 | -55,563 | 356,559 | 0 | 0 | 0 | 0 | 0 | 0 |
Deferred Taxes & Provisions | 41,798 | 14,324 | 14,375 | -2,014 | -6,051 | -8,120 | 29,523 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Cash flow from operations | |||||||||||||||
Investing Activities | |||||||||||||||
capital expenditure | |||||||||||||||
Change in Investments | 0 | -70,423 | 0 | 0 | 0 | -149,577 | 70,000 | 0 | 150,000 | 0 | 0 | 0 | 0 | 0 | 0 |
cash flow from investments | |||||||||||||||
Financing Activities | |||||||||||||||
Bank loans | 0 | 0 | -2,786 | 23,907 | -6,631 | -114,990 | 113,000 | -2,129 | 39,629 | 0 | 0 | 0 | 0 | 0 | 0 |
Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Long term loans | -50,000 | -50,000 | -118,633 | 216,676 | -28,054 | 87,473 | -38,168 | -33,877 | 81,250 | 0 | 0 | 0 | 0 | 0 | 0 |
Hire Purchase and Lease Commitments | 37,130 | 36,112 | -1,235 | -859 | -3,890 | -36,465 | -17,994 | 50,352 | 85,938 | 0 | 0 | 0 | 0 | 0 | 0 |
other long term liabilities | 0 | 0 | -2,000 | 2,000 | 0 | 0 | 0 | 0 | -43,692 | 26,649 | -7,566 | 5,165 | 19,444 | 0 | 0 |
share issue | |||||||||||||||
interest | |||||||||||||||
cash flow from financing | |||||||||||||||
cash and cash equivalents | |||||||||||||||
cash | 67,420 | 172,120 | -185,339 | 378,847 | 62,902 | -388 | -40,329 | -54,714 | 139,776 | -13,060 | 48,329 | 54,029 | -103,654 | 17,601 | 98,671 |
overdraft | 0 | 0 | 0 | 0 | 0 | -228,783 | 47,702 | 73,336 | 107,745 | 0 | 0 | 0 | 0 | 0 | 0 |
change in cash | 67,420 | 172,120 | -185,339 | 378,847 | 62,902 | 228,395 | -88,031 | -128,050 | 32,031 | -13,060 | 48,329 | 54,029 | -103,654 | 17,601 | 98,671 |
hydrotechnik uk test engineering limited Credit Report and Business Information
Hydrotechnik Uk Test Engineering Limited Competitor Analysis
![competitor_analysis_table_img](/assets/images/competitor_analysis_table.png)
Perform a competitor analysis for hydrotechnik uk test engineering limited by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other mid companies, companies in NG7 area or any other competitors across 12 key performance metrics.
hydrotechnik uk test engineering limited Ownership
HYDROTECHNIK UK TEST ENGINEERING LIMITED group structure
Hydrotechnik Uk Test Engineering Limited has no subsidiary companies.
Ultimate parent company
HYDROTECHNIK UK TEST ENGINEERING LIMITED
02551583
hydrotechnik uk test engineering limited directors
Hydrotechnik Uk Test Engineering Limited currently has 2 directors. The longest serving directors include Mr John Price (Oct 1991) and Mr Christopher Banks (Jan 2011).
officer | country | age | start | end | role |
---|---|---|---|---|---|
Mr John Price | 62 years | Oct 1991 | - | Director | |
Mr Christopher Banks | England | 52 years | Jan 2011 | - | Director |
P&L
December 2023turnover
8.6m
+16%
operating profit
167.3k
0%
gross margin
25.3%
+1.97%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
1.7m
+0.09%
total assets
3.4m
+0.1%
cash
642.2k
+0.12%
net assets
Total assets minus all liabilities
hydrotechnik uk test engineering limited company details
company number
02551583
Type
Private limited with Share Capital
industry
46760 - Wholesale of other intermediate products
incorporation date
October 1990
age
34
incorporated
UK
accounts
Total Exemption Full
ultimate parent company
previous names
hydrotechnik uk limited (September 2023)
last accounts submitted
December 2023
address
1 central park, lenton lane, nottingham, NG7 2NR
accountant
-
auditor
-
hydrotechnik uk test engineering 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 did not find charges/mortgages relating to hydrotechnik uk test engineering limited.
![charges](/assets/images/company_charges.png)
hydrotechnik uk test engineering limited Companies House Filings - See Documents
date | description | view/download |
---|