Pomanda estimates the enterprise value of HSB ENGINEERING INSURANCE SERVICES LIMITED at £44.7m based on a Turnover of £36.3m and 1.23x industry multiple (adjusted for size and gross margin).
Pomanda estimates the enterprise value of HSB ENGINEERING INSURANCE SERVICES LIMITED at £0 based on an EBITDA of £-2.2m and a 10.29x industry multiple (adjusted for size and gross margin).
Pomanda estimates the enterprise value of HSB ENGINEERING INSURANCE SERVICES LIMITED at £5.4m based on Net Assets of £2.4m and 2.22x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Hsb Engineering Insurance Services Limited is a live company located in manchester, M2 2JT with a Companies House number of 03010292. It operates in the engineering related scientific and technical consulting activities sector, SIC Code 71122. Founded in January 1995, it's largest shareholder is
hsb engineering insurance ltd
with a 100% stake. Hsb Engineering Insurance Services Limited is a mature,
large sized company, Pomanda has estimated its turnover at
£36.3m with
healthy
growth in recent years.
Hsb Engineering Insurance Services Limited Health Check
Pomanda's financial health check has awarded Hsb Engineering Insurance Services Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 5 areas for improvement. Company Health Check FAQs
Health Rating3.5out of 5
5 Strong
1 Regular
5 Weak
Size
annual sales of £36.3m, make it larger than the average company (£2m)
Hsb Engineering Insurance Services Limited's latest turnover from December 2023 is £36.3 million and the company has net assets of £2.4 million. According to their latest financial statements, Hsb Engineering Insurance Services Limited has 293 employees and maintains cash reserves of £3.6 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
36,266,000
33,092,000
31,427,000
31,089,000
32,475,000
32,743,000
31,938,000
30,991,000
30,588,000
29,749,000
29,284,000
28,580,000
28,185,000
27,135,000
26,844,000
Other Income Or Grants
Cost Of Sales
4,932,000
4,532,000
4,345,000
4,147,000
4,317,000
4,618,000
4,511,000
4,347,000
4,122,000
4,238,000
4,274,000
4,169,000
4,193,000
3,828,000
3,937,000
Gross Profit
31,334,000
28,560,000
27,082,000
26,942,000
28,158,000
28,125,000
27,427,000
26,644,000
26,466,000
25,511,000
25,010,000
24,411,000
23,992,000
23,307,000
22,907,000
Admin Expenses
33,589,977
30,659,277
28,410,000
28,626,000
28,740,000
27,697,000
25,643,000
26,483,000
26,096,000
24,901,000
24,942,000
24,604,000
23,178,000
22,154,000
20,983,000
Operating Profit
-2,255,977
-2,099,277
-1,328,000
-1,684,000
-582,000
428,000
1,784,000
161,000
370,000
610,000
68,000
-193,000
814,000
1,153,000
1,924,000
Interest Payable
421,000
298,000
205,000
108,000
83,000
8,000
1,677,000
1,535,000
1,485,000
1,335,000
34,000
Interest Receivable
336,000
298,000
338,000
385,000
332,000
265,000
2,443,000
2,038,000
1,722,000
1,485,000
325,000
Pre-Tax Profit
-2,637,000
-2,433,000
-1,328,000
-1,684,000
-567,000
364,000
1,917,000
440,000
615,000
803,000
834,000
310,000
361,000
1,303,000
2,215,000
Tax
537,000
405,000
-80,000
256,000
77,000
-79,000
-327,000
-150,000
135,000
-98,000
-135,000
-129,000
-407,000
-532,000
-689,000
Profit After Tax
-2,100,000
-2,028,000
-1,408,000
-1,428,000
-490,000
285,000
1,590,000
290,000
750,000
705,000
699,000
181,000
-46,000
771,000
1,526,000
Dividends Paid
1,000,000
2,000,000
Retained Profit
-2,100,000
-2,028,000
-1,408,000
-1,428,000
-490,000
285,000
590,000
290,000
750,000
705,000
699,000
181,000
-46,000
-1,229,000
1,526,000
Employee Costs
24,179,000
21,113,000
19,802,000
18,670,000
19,736,000
19,293,000
18,471,000
19,169,000
19,285,000
18,604,000
18,244,000
18,412,000
17,732,000
16,973,000
16,348,000
Number Of Employees
293
257
254
245
279
290
283
282
278
281
293
311
310
313
313
EBITDA*
-2,217,977
-2,012,277
-1,154,000
-1,416,000
472,000
647,000
2,077,000
518,000
733,000
878,000
357,000
175,000
1,040,000
1,436,000
2,363,000
* 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
173,000
95,000
182,000
351,000
1,922,000
692,000
570,000
791,000
7,026,000
7,261,000
425,000
655,000
592,000
582,000
832,000
Intangible Assets
46,000
75,000
104,000
Investments & Other
210,000
5,367,000
4,230,000
639,000
1,783,000
3,122,000
Debtors (Due After 1 year)
1,433,000
902,000
328,000
Total Fixed Assets
1,606,000
997,000
510,000
561,000
1,922,000
692,000
570,000
791,000
7,026,000
7,261,000
5,792,000
4,885,000
1,277,000
2,440,000
4,058,000
Stock & work in progress
Trade Debtors
7,789,000
8,292,000
7,364,000
6,903,000
6,337,000
7,577,000
8,807,000
7,599,000
8,093,000
7,236,000
6,482,000
6,479,000
9,341,000
9,221,000
11,468,000
Group Debtors
9,472,000
10,355,000
9,788,000
8,706,000
10,129,000
11,458,000
9,591,000
9,367,000
9,233,000
8,518,000
7,749,000
6,452,000
4,984,000
6,760,000
6,152,000
Misc Debtors
2,734,000
2,958,000
2,675,000
2,626,000
570,000
336,000
362,000
234,000
137,000
211,000
919,000
1,942,000
1,499,000
892,000
1,331,000
Cash
3,647,000
2,295,000
1,778,000
2,680,000
2,483,000
4,066,000
3,195,000
963,000
104,000
252,000
279,000
283,000
543,000
920,000
550,000
misc current assets
2,088,000
1,774,000
1,763,000
1,789,000
2,040,000
2,064,000
total current assets
23,642,000
23,900,000
21,605,000
20,915,000
21,607,000
25,211,000
23,718,000
19,952,000
19,607,000
18,281,000
15,429,000
15,156,000
16,367,000
17,793,000
19,501,000
total assets
25,248,000
24,897,000
22,115,000
21,476,000
23,529,000
25,903,000
24,288,000
20,743,000
26,633,000
25,542,000
21,221,000
20,041,000
17,644,000
20,233,000
23,559,000
Bank overdraft
30,000
Bank loan
Trade Creditors
629,000
460,000
31,000
130,000
114,000
402,000
159,000
65,000
61,000
126,000
43,000
93,000
33,000
164,000
Group/Directors Accounts
other short term finances
hp & lease commitments
1,177,000
104,000
248,000
other current liabilities
22,197,000
22,928,000
19,557,000
17,731,000
17,411,000
20,184,000
19,233,000
16,384,000
16,373,000
15,884,000
13,550,000
14,388,000
13,647,000
12,743,000
13,184,000
total current liabilities
22,826,000
23,388,000
19,588,000
17,861,000
18,702,000
20,586,000
19,392,000
16,384,000
16,438,000
15,945,000
13,676,000
14,431,000
13,740,000
12,880,000
13,626,000
loans
hp & lease commitments
18,000
Accruals and Deferred Income
other liabilities
provisions
total long term liabilities
18,000
total liabilities
22,826,000
23,388,000
19,588,000
17,861,000
18,702,000
20,586,000
19,392,000
16,384,000
16,438,000
15,945,000
13,676,000
14,431,000
13,740,000
12,880,000
13,644,000
net assets
2,422,000
1,509,000
2,527,000
3,615,000
4,827,000
5,317,000
4,896,000
4,359,000
10,195,000
9,597,000
7,545,000
5,610,000
3,904,000
7,353,000
9,915,000
total shareholders funds
2,422,000
1,509,000
2,527,000
3,615,000
4,827,000
5,317,000
4,896,000
4,359,000
10,195,000
9,597,000
7,545,000
5,610,000
3,904,000
7,353,000
9,915,000
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
-2,255,977
-2,099,277
-1,328,000
-1,684,000
-582,000
428,000
1,784,000
161,000
370,000
610,000
68,000
-193,000
814,000
1,153,000
1,924,000
Depreciation
38,000
87,000
174,000
268,000
1,054,000
219,000
293,000
357,000
363,000
268,000
289,000
322,000
197,000
254,000
410,000
Amortisation
46,000
29,000
29,000
29,000
Tax
537,000
405,000
-80,000
256,000
77,000
-79,000
-327,000
-150,000
135,000
-98,000
-135,000
-129,000
-407,000
-532,000
-689,000
Stock
Debtors
-1,079,000
2,352,000
1,920,000
1,199,000
-2,335,000
611,000
1,560,000
-263,000
1,498,000
815,000
277,000
-951,000
-1,049,000
-2,078,000
18,951,000
Creditors
169,000
429,000
-99,000
16,000
-288,000
243,000
159,000
-65,000
4,000
-65,000
83,000
-50,000
60,000
-131,000
164,000
Accruals and Deferred Income
-731,000
3,371,000
1,826,000
320,000
-2,773,000
951,000
2,849,000
11,000
489,000
2,334,000
-838,000
741,000
904,000
-441,000
13,184,000
Deferred Taxes & Provisions
Cash flow from operations
-1,163,977
-159,277
-1,427,000
-2,023,000
-177,000
1,151,000
3,198,000
577,000
-137,000
2,234,000
-810,000
1,688,000
2,646,000
2,410,000
-3,929,000
Investing Activities
capital expenditure
-116,000
-5,000
1,303,000
-2,284,000
-341,000
-72,000
5,878,000
-128,000
-7,104,000
-59,000
-385,000
-207,000
-4,000
-1,375,000
Change in Investments
-210,000
210,000
-5,367,000
1,137,000
3,591,000
-1,144,000
-1,339,000
3,122,000
cash flow from investments
-116,000
205,000
1,093,000
-2,284,000
-341,000
-72,000
5,878,000
-128,000
-1,737,000
-1,196,000
-3,976,000
937,000
1,335,000
-4,497,000
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
-1,177,000
1,177,000
-104,000
-162,000
266,000
other long term liabilities
share issue
3,013,000
1,010,000
320,000
216,000
136,000
-53,000
-6,126,000
-152,000
1,347,000
1,236,000
1,525,000
-3,403,000
-1,333,000
8,389,000
interest
-85,000
133,000
277,000
249,000
257,000
766,000
503,000
237,000
150,000
291,000
cash flow from financing
3,013,000
1,010,000
320,000
-961,000
1,092,000
136,000
80,000
-5,849,000
97,000
1,604,000
2,002,000
2,028,000
-3,270,000
-1,345,000
8,946,000
cash and cash equivalents
cash
1,352,000
517,000
-902,000
197,000
-1,583,000
871,000
2,232,000
859,000
-148,000
-27,000
-4,000
-260,000
-377,000
370,000
550,000
overdraft
-30,000
30,000
change in cash
1,352,000
517,000
-902,000
197,000
-1,583,000
871,000
2,232,000
859,000
-148,000
-27,000
-4,000
-260,000
-377,000
400,000
520,000
hsb engineering insurance services 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 hsb engineering insurance services limited. Get real-time insights into hsb engineering insurance services limited's credit score, group structure and payment trends.
Perform a competitor analysis for hsb engineering insurance services limited by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other large companies, companies in M 2 area or any other competitors across 12 key performance metrics.
Hsb Engineering Insurance Services Limited currently has 6 directors.
The longest serving directors include
Mr Stephen Worrall (Mar 2010) and
Mr Gareth Bendelow (Apr 2013).
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 hsb engineering insurance services limited. Currently there are 0 open charges and 1 have been satisfied in the past.
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 HSB ENGINEERING INSURANCE SERVICES LIMITED. This can take several minutes, an email will notify you when this has completed.
hsb engineering insurance services limitedCompanies House Filings - See Documents
