hamtune spares limited

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hamtune spares limited Company Information

Share HAMTUNE SPARES LIMITED
Live (In Liquidation)
MatureSmallDeclining

Company Number

02893777

Registered Address

levelq sheraton house, surtees way, stockton on tees, TS18 3HR

Industry

Maintenance and repair of motor vehicles

 

Telephone

01132645860

Next Accounts Due

1124 days late

Group Structure

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Directors

Mark Hobson21 Years

Shareholders

mark steven hobson 76%

gareth hobson 12%

View All

hamtune spares limited Estimated Valuation

£1.1m

Pomanda estimates the enterprise value of HAMTUNE SPARES LIMITED at £1.1m based on a Turnover of £4.5m and 0.24x industry multiple (adjusted for size and gross margin).

hamtune spares limited Estimated Valuation

£276.7k

Pomanda estimates the enterprise value of HAMTUNE SPARES LIMITED at £276.7k based on an EBITDA of £87.6k and a 3.16x industry multiple (adjusted for size and gross margin).

hamtune spares limited Estimated Valuation

£1.3m

Pomanda estimates the enterprise value of HAMTUNE SPARES LIMITED at £1.3m based on Net Assets of £585.2k and 2.3x industry multiple (adjusted for liquidity).

Valuation Calculator
This valuation is estimated based on financial data from February 2019 

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Hamtune Spares Limited Overview

Hamtune Spares Limited is a live company located in stockton on tees, TS18 3HR with a Companies House number of 02893777. It operates in the maintenance and repair of motor vehicles sector, SIC Code 45200. Founded in February 1994, it's largest shareholder is mark steven hobson with a 76% stake. Hamtune Spares Limited is a mature, small sized company, Pomanda has estimated its turnover at £4.5m with declining growth in recent years.

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Hamtune Spares Limited Health Check

Pomanda's financial health check has awarded Hamtune Spares Limited a 3 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 Rating3out of 5
positive_score

3 Strong

positive_score

3 Regular

positive_score

6 Weak

size

Size

annual sales of £4.5m, make it larger than the average company (£302.6k)

£4.5m - Hamtune Spares Limited

£302.6k - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -1%, show it is growing at a slower rate (5.7%)

-1% - Hamtune Spares Limited

5.7% - Industry AVG

production

Production

with a gross margin of 39.1%, this company has a comparable cost of product (39.1%)

39.1% - Hamtune Spares Limited

39.1% - Industry AVG

profitability

Profitability

an operating margin of 1.9% make it less profitable than the average company (5%)

1.9% - Hamtune Spares Limited

5% - Industry AVG

employees

Employees

with 50 employees, this is above the industry average (12)

50 - Hamtune Spares Limited

12 - Industry AVG

paystructure

Pay Structure

on an average salary of £28.5k, the company has an equivalent pay structure (£28.5k)

£28.5k - Hamtune Spares Limited

£28.5k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £90.1k, this is equally as efficient (£91.3k)

£90.1k - Hamtune Spares Limited

£91.3k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 67 days, this is later than average (37 days)

67 days - Hamtune Spares Limited

37 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 11 days, this is quicker than average (40 days)

11 days - Hamtune Spares Limited

40 days - Industry AVG

stockdays

Stock Days

it holds stock equivalent to 30 days, this is more than average (17 days)

30 days - Hamtune Spares Limited

17 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 (13 weeks)

8 weeks - Hamtune Spares Limited

13 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 55.1%, this is a lower level of debt than the average (76.8%)

55.1% - Hamtune Spares Limited

76.8% - Industry AVG

hamtune spares 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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Hamtune Spares Limited Competitor Analysis

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Perform a competitor analysis for hamtune spares limited by selecting its closest rivals and benchmarking them against 12 key performance metrics.

hamtune spares limited Ownership

HAMTUNE SPARES LIMITED group structure

Hamtune Spares Limited has no subsidiary companies.

Ultimate parent company

HAMTUNE SPARES LIMITED

02893777

HAMTUNE SPARES LIMITED Shareholders

mark steven hobson 76%
gareth hobson 12%
richard hobson 12%

hamtune spares limited directors

Hamtune Spares Limited currently has 1 director, Mr Mark Hobson serving since Mar 2003.

officercountryagestartendrole
Mr Mark Hobson66 years Mar 2003- Director

HAMTUNE SPARES LIMITED financials

EXPORTms excel logo

Hamtune Spares Limited's latest turnover from February 2019 is estimated at £4.5 million and the company has net assets of £585.2 thousand. According to their latest financial statements, we estimate that Hamtune Spares Limited has 50 employees and maintains cash reserves of £121.2 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Feb 2019Feb 2018Feb 2017Feb 2016Feb 2015Feb 2014Feb 2013Feb 2012Feb 2011Feb 2010
Turnover4,503,5144,594,9124,929,8624,680,5177,497,6667,198,0115,786,1356,093,3697,065,3909,381,756
Other Income Or Grants0000000000
Cost Of Sales2,743,3192,701,2432,925,7852,777,0554,424,8354,242,2133,351,4353,477,4293,963,6805,456,795
Gross Profit1,760,1961,893,6692,004,0771,903,4623,072,8312,955,7982,434,7002,615,9403,101,7103,924,960
Admin Expenses1,674,4821,791,8001,927,5041,790,0262,985,7752,938,3792,378,0562,561,3763,049,2253,711,887
Operating Profit85,714101,86976,573113,43687,05617,41956,64454,56452,485213,073
Interest Payable36,23229,78721,7949,244000000
Interest Receivable724430306717357213632827280
Pre-Tax Profit50,20672,51255,085104,90987,41417,42156,78054,89252,757213,153
Tax-9,539-13,777-11,017-20,982-18,357-4,007-13,627-14,272-14,772-59,683
Profit After Tax40,66758,73544,06883,92769,05713,41443,15340,62037,985153,470
Dividends Paid0000000000
Retained Profit40,66758,73544,06883,92769,05713,41443,15340,62037,985153,470
Employee Costs1,422,6941,490,8911,537,7991,188,0341,813,3631,789,0771,567,9631,673,1351,994,7642,399,890
Number Of Employees50565745686861688398
EBITDA*87,612104,39984,878119,57895,21827,90361,34659,76859,445220,861

* Earnings Before Interest, Tax, Depreciation and Amortisation

Feb 2019Feb 2018Feb 2017Feb 2016Feb 2015Feb 2014Feb 2013Feb 2012Feb 2011Feb 2010
Tangible Assets5,6957,59310,12318,42824,48732,64911,02115,67520,8790
Intangible Assets00000000023,365
Investments & Other0000000000
Debtors (Due After 1 year)0000000000
Total Fixed Assets5,6957,59310,12318,42824,48732,64911,02115,67520,87923,365
Stock & work in progress228,848260,795351,633440,067372,521328,577342,090267,513196,584208,948
Trade Debtors833,028773,515632,983474,571757,261697,517537,071545,033684,835786,621
Group Debtors0000000000
Misc Debtors114,253119,64835,19744,076000000
Cash121,19871,880100,244144,618142,219765054,40376,68331,986
misc current assets23000000081,143071,076
total current assets1,297,5571,225,8381,120,0571,103,3321,272,0011,026,859879,161948,092958,1021,098,631
total assets1,303,2521,233,4311,130,1801,121,7601,296,4881,059,508890,182963,767978,9811,121,996
Bank overdraft569,980503,553412,977284,445000000
Bank loan0000000000
Trade Creditors 88,592112,846157,270341,700929,433751,800614,854731,592787,426968,426
Group/Directors Accounts11,50033,75024,8741,860000000
other short term finances0000000000
hp & lease commitments0000000000
other current liabilities47,98438,75346,09648,860000000
total current liabilities718,056688,902641,217676,865929,433751,800614,854731,592787,426968,426
loans0000000000
hp & lease commitments003,1693,1699,25618,9660000
Accruals and Deferred Income0000000000
other liabilities0000000000
provisions0000000000
total long term liabilities003,1693,1699,25618,9660000
total liabilities718,056688,902644,386680,034938,689770,766614,854731,592787,426968,426
net assets585,196544,529485,794441,726357,799288,742275,328232,175191,555153,570
total shareholders funds585,196544,529485,794441,726357,799288,742275,328232,175191,555153,570
Feb 2019Feb 2018Feb 2017Feb 2016Feb 2015Feb 2014Feb 2013Feb 2012Feb 2011Feb 2010
Operating Activities
Operating Profit85,714101,86976,573113,43687,05617,41956,64454,56452,485213,073
Depreciation1,8982,5308,3056,1428,16210,4844,7025,20400
Amortisation000000006,9607,788
Tax-9,539-13,777-11,017-20,982-18,357-4,007-13,627-14,272-14,772-59,683
Stock-31,947-90,838-88,43467,54643,944-13,51374,57770,929-12,364208,948
Debtors54,118224,983149,533-238,61459,744160,446-7,962-139,802-101,786786,621
Creditors-24,254-44,424-184,430-587,733177,633136,946-116,738-55,834-181,000968,426
Accruals and Deferred Income9,231-7,343-2,76448,860000000
Deferred Taxes & Provisions0000000000
Cash flow from operations40,879-95,290-174,432-269,209150,80613,909-135,63458,535-22,177134,035
Investing Activities
capital expenditure000-830-32,112-480-4,474-31,153
Change in Investments0000000000
cash flow from investments000-830-32,112-480-4,474-31,153
Financing Activities
Bank loans0000000000
Group/Directors Accounts-22,2508,87623,0141,860000000
Other Short Term Loans 0000000000
Long term loans0000000000
Hire Purchase and Lease Commitments0-3,1690-6,087-9,71018,9660000
other long term liabilities0000000000
share issue000000000100
interest-35,508-29,357-21,488-8,527357213632827280
cash flow from financing-57,758-23,6501,526-12,754-9,35318,968136328272180
cash and cash equivalents
cash49,318-28,364-44,3742,399141,454765-54,403-22,28044,69731,986
overdraft66,42790,576128,532284,445000000
change in cash-17,109-118,940-172,906-282,046141,454765-54,403-22,28044,69731,986

P&L

February 2019

turnover

4.5m

-2%

operating profit

85.7k

0%

gross margin

39.1%

-5.16%

turnover

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

Balance Sheet

February 2019

net assets

585.2k

+0.07%

total assets

1.3m

+0.06%

cash

121.2k

+0.69%

net assets

Total assets minus all liabilities

hamtune spares limited company details

company number

02893777

Type

Private limited with Share Capital

industry

45200 - Maintenance and repair of motor vehicles

incorporation date

February 1994

age

30

accounts

Total Exemption Full

ultimate parent company

None

previous names

gainspeed limited (February 1994)

incorporated

UK

address

levelq sheraton house, surtees way, stockton on tees, TS18 3HR

last accounts submitted

February 2019

hamtune spares 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 hamtune spares limited. Currently there are 1 open charges and 0 have been satisfied in the past.

charges

hamtune spares limited Companies House Filings - See Documents

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